Hills Bank & Trust

North Liberty, IAfiles as Hills Bank & Trust Co

$2.3bn in 383 US stocks at the end of 30 June 2026. The top 10 are 51.9% of the money. It changed about 14.4% of the portfolio this quarter.

Value

$2.3bn

Stocks

383

Top 10 share

51.9%

Turnover

14.4%

What changed this quarter

New

Bought for the first time this quarter.

Vanguard Wellesley Income FDVBCE
1.2% of the fund
Vanguard Wellesley Income FDVBCF
1.1% of the fund
Vanguard Wellesley Income FDVBCA
1.0% of the fund
Vanguard Wellesley Income FDVBCB
1.0% of the fund
Vanguard Wellesley Income FDVBCC
1.0% of the fund
Vanguard Wellesley Income FDVBCD
1.0% of the fund
Invesco Exch TRD SLF IDX FDBSCW
0.2% of the fund
Vanguard MUN BD FDSVCRM
<0.1% of the fund
Invesco Exch TRD SLF IDX FDBSMZ
<0.1% of the fund
Spdr Index SHS FDSSPEM
<0.1% of the fund
AmphenolAPH
<0.1% of the fund
Taiwan Semiconductor ManufacturingTSM
<0.1% of the fund
Ishares TRIBMU
<0.1% of the fund
American Centy ETF TRAVDE
<0.1% of the fund
Ishares TRIBMV
<0.1% of the fund
Vanguard World FDVHT
<0.1% of the fund
Vanguard World FDVFH
<0.1% of the fund
Vanguard World FDVOX
<0.1% of the fund
Schwab Strategic TRSCHV
<0.1% of the fund
Ishares TRIGF
<0.1% of the fund
Ishares TRDMXF
<0.1% of the fund
Vanguard World FDVPU
<0.1% of the fund
Vanguard World FDVCR
<0.1% of the fund
Vanguard Scottsdale FDSVONG
<0.1% of the fund
Arista NetworksANET
<0.1% of the fund

Added

Bought more of a stock they already held.

Vanguard Tax-Managed FDSVEA
7.3% of the fund
+7%
Federated Hermes ETF TrustFTRB
6.0% of the fund
+97%
Vanguard Intl Equity Index FVWO
3.1% of the fund
+8%
J P Morgan Exchange Traded FJPIB
2.6% of the fund
+203%
Ishares TRIBMP
0.6% of the fund
+15%
Ishares TRIBMQ
0.5% of the fund
+17%
Ishares TRIBDW
0.4% of the fund
+526%
VisaV
0.2% of the fund
+3%
Vanguard Index FDSVTI
0.2% of the fund
+6%
IntelINTC
0.2% of the fund
+3%
Eli LillyLLY
0.2% of the fund
+15%
Select Sector Spdr TRXLB
0.2% of the fund
+9%
Select Sector Spdr TRXLK
0.2% of the fund
+43%
Invesco Exch TRD SLF IDX FDBSMW
0.2% of the fund
+24%
Ishares TRIJH
0.1% of the fund
+65%
Invesco Exch TRD SLF IDX FDBSSX
0.1% of the fund
+27%
Berkshire HathawayBRK-B
0.1% of the fund
+5%
Ishares TRIBDV
0.1% of the fund
+498%
Invesco Exch TRD SLF IDX FDBSMY
0.1% of the fund
+22%
Ishares TRIBMT
0.1% of the fund
+150%
Select Sector Spdr TRXLRE
0.1% of the fund
+9%
Ishares TRIBDU
0.1% of the fund
+750%
Invesco Exchange Traded FD TRSPN
0.1% of the fund
+9%
Select Sector Spdr TRXLU
0.1% of the fund
+13%
Ishares TRIBDS
0.1% of the fund
+100%

Cut

Sold some of their stake.

Spdr Series TrustSPYM
12.8% of the fund
-4%
American Centy ETF TRAVLC
4.3% of the fund
-5%
Spdr Series TrustSPMD
3.5% of the fund
-6%
State STR Spdr S&P Midcap 40MDY
3.3% of the fund
-3%
AlphabetGOOG
1.7% of the fund
-2%
AppleAAPL
1.5% of the fund
-3%
Invesco Exch TRD SLF IDX FDBSCQ
1.2% of the fund
-49%
Invesco Exch TRD SLF IDX FDBSCR
1.2% of the fund
-48%
Invesco Exch TRD SLF IDX FDBSCS
1.1% of the fund
-50%
Vanguard BD Index FDSBND
1.0% of the fund
-8%
Invesco Exch TRD SLF IDX FDBSCT
0.8% of the fund
-57%
Invesco Exch TRD SLF IDX FDBSCU
0.7% of the fund
-60%
JPMorgan ChaseJPM
0.7% of the fund
-3%
Ishares TREFA
0.7% of the fund
-5%
FastenalFAST
0.7% of the fund
-3%
Procter & GamblePG
0.6% of the fund
-3%
Spdr Series TrustSPYV
0.6% of the fund
-12%
Dimensional ETF TrustDFIC
0.5% of the fund
-37%
Home DepotHD
0.4% of the fund
-3%
Invesco Exch TRD SLF IDX FDBSCV
0.4% of the fund
-77%
Ishares TRIBMO
0.4% of the fund
-3%
Invesco Exch TRD SLF IDX FDBSMU
0.4% of the fund
-12%
MastercardMA
0.3% of the fund
-3%
Invesco Exch TRD SLF IDX FDBSMV
0.3% of the fund
-25%
Meta PlatformsMETA
0.3% of the fund
-2%

Sold out

Sold their entire stake.

Honeywell InternationalHON
-100%
DuPont de NemoursDD
-100%
Flexshares TRFEDM
-100%
SynopsysSNPS
-100%
Manhattan AssociatesMANH
-100%
IntuitINTU
-100%
CNH IndustrialCNH
-100%
Vanguard BD Index FDSBSV
-100%
Ishares TRIBTL
-100%
KKRKKR
-100%
AdobeADBE
-100%
SempraSRE
-100%
LKQLKQ
-100%
NovaNVMI
-100%
NobleNE
-100%
MedtronicMDT
-100%
GE HealthCare TechnologiesGEHC
-100%

Holdings

Spdr Series TrustSPYM
Share
12.8%
Value
$300m
Shares
3,411,823
-4%
Vanguard Tax-Managed FDSVEA
Share
7.3%
Value
$171m
Shares
2,406,484
+7%
State STR Spdr S&P 500 ETF TSPY
Share
6.6%
Value
$155m
Shares
207,251
Held
Federated Hermes ETF TrustFTRB
Share
6.0%
Value
$141m
Shares
5,613,451
+97%
American Centy ETF TRAVLC
Share
4.3%
Value
$101m
Shares
1,125,936
-5%
Spdr Series TrustSPMD
Share
3.5%
Value
$82m
Shares
1,215,987
-6%
State STR Spdr S&P Midcap 40MDY
Share
3.3%
Value
$78m
Shares
111,587
-3%
Vanguard Intl Equity Index FVWO
Share
3.1%
Value
$73m
Shares
1,219,031
+8%
J P Morgan Exchange Traded FJPIB
Share
2.6%
Value
$61m
Shares
1,265,473
+203%
Spdr Index SHS FDSGII
Share
2.4%
Value
$57m
Shares
749,512
Held
NvidiaNVDA
Share
1.9%
Value
$45m
Shares
222,599
Held
AlphabetGOOG
Share
1.7%
Value
$40m
Shares
112,114
-2%
AppleAAPL
Share
1.5%
Value
$36m
Shares
124,984
-3%
Invesco Exch TRD SLF IDX FDBSCQ
Share
1.2%
Value
$29m
Shares
1,499,770
-49%
Invesco Exch TRD SLF IDX FDBSCR
Share
1.2%
Value
$27m
Shares
1,390,074
-48%
Vanguard Wellesley Income FDVBCE
Share
1.2%
Value
$27m
Shares
358,002
New
Vanguard Wellesley Income FDVBCF
Share
1.1%
Value
$27m
Shares
355,839
New
MicrosoftMSFT
Share
1.1%
Value
$26m
Shares
69,333
Held
Invesco Exch TRD SLF IDX FDBSCS
Share
1.1%
Value
$25m
Shares
1,250,435
-50%
Flexshares TRGUNR
Share
1.1%
Value
$25m
Shares
503,100
Held
Vanguard BD Index FDSBND
Share
1.0%
Value
$24m
Shares
330,596
-8%
Vanguard Wellesley Income FDVBCA
Share
1.0%
Value
$24m
Shares
317,164
New
Vanguard Wellesley Income FDVBCB
Share
1.0%
Value
$24m
Shares
317,384
New
Vanguard Wellesley Income FDVBCC
Share
1.0%
Value
$24m
Shares
317,270
New
Vanguard Wellesley Income FDVBCD
Share
1.0%
Value
$24m
Shares
316,720
New
Invesco Exch TRD SLF IDX FDBSCT
Share
0.8%
Value
$19m
Shares
1,046,645
-57%
Invesco Exch TRD SLF IDX FDBSCU
Share
0.7%
Value
$17m
Shares
1,047,500
-60%
JPMorgan ChaseJPM
Share
0.7%
Value
$17m
Shares
52,326
-3%
Ishares TREFA
Share
0.7%
Value
$16m
Shares
153,988
-5%
FastenalFAST
Share
0.7%
Value
$16m
Shares
328,990
-3%
Amazon.comAMZN
Share
0.7%
Value
$16m
Shares
65,869
Held
Invesco Exch TRD SLF IDX FDBSMT
Share
0.7%
Value
$15m
Shares
664,948
Held
Procter & GamblePG
Share
0.6%
Value
$15m
Shares
101,671
-3%
Spdr Series TrustSPYV
Share
0.6%
Value
$13m
Shares
219,808
-12%
Ishares TRIBMP
Share
0.6%
Value
$13m
Shares
508,428
+15%
Palo Alto NetworksPANW
Share
0.5%
Value
$13m
Shares
36,872
Held
KLAKLAC
Share
0.5%
Value
$12m
Shares
41,043
Held
Ishares TRIBMQ
Share
0.5%
Value
$12m
Shares
464,604
+17%
Dimensional ETF TrustDFIC
Share
0.5%
Value
$11m
Shares
290,849
-37%
Home DepotHD
Share
0.4%
Value
$10m
Shares
28,832
-3%
Invesco Exch TRD SLF IDX FDBSCV
Share
0.4%
Value
$10m
Shares
602,856
-77%
Ishares TRIBMO
Share
0.4%
Value
$10m
Shares
378,134
-3%
Invesco Exch TRD SLF IDX FDBSMU
Share
0.4%
Value
$9m
Shares
405,165
-12%
Johnson & JohnsonJNJ
Share
0.4%
Value
$9m
Shares
34,221
Held
Ishares TRIBDW
Share
0.4%
Value
$8m
Shares
405,071
+526%
Vanguard Index FDSVOO
Share
0.3%
Value
$8m
Shares
11,860
Held
MastercardMA
Share
0.3%
Value
$8m
Shares
15,409
-3%
Invesco Exch TRD SLF IDX FDBSMV
Share
0.3%
Value
$8m
Shares
360,323
-25%
Costco WholesaleCOST
Share
0.3%
Value
$7m
Shares
7,906
Held
Ishares TRIJR
Share
0.3%
Value
$7m
Shares
49,200
Held
Meta PlatformsMETA
Share
0.3%
Value
$7m
Shares
12,657
-2%
Illinois Tool WorksITW
Share
0.3%
Value
$6m
Shares
22,862
Held
ExxonMobil HoldingsXOM
Share
0.3%
Value
$6m
Shares
43,320
Held
Cisco SystemsCSCO
Share
0.2%
Value
$6m
Shares
49,664
-2%
Advanced Micro DevicesAMD
Share
0.2%
Value
$6m
Shares
9,736
Held
Intercontinental ExchangeICE
Share
0.2%
Value
$6m
Shares
45,864
-4%
Alliant EnergyLNT
Share
0.2%
Value
$5m
Shares
71,281
Held
TJX CompaniesTJX
Share
0.2%
Value
$5m
Shares
35,052
Held
VisaV
Share
0.2%
Value
$5m
Shares
15,437
+3%
Vanguard Index FDSVTI
Share
0.2%
Value
$5m
Shares
14,308
+6%
McDonald'sMCD
Share
0.2%
Value
$5m
Shares
19,498
-3%
IntelINTC
Share
0.2%
Value
$5m
Shares
37,258
+3%
OracleORCL
Share
0.2%
Value
$5m
Shares
34,223
-2%
Thermo Fisher ScientificTMO
Share
0.2%
Value
$5m
Shares
9,589
-11%
Eli LillyLLY
Share
0.2%
Value
$5m
Shares
3,941
+15%
DeereDE
Share
0.2%
Value
$5m
Shares
7,139
Held
CVS HealthCVS
Share
0.2%
Value
$4m
Shares
43,313
-5%
Spdr Index SHS FDSRWO
Share
0.2%
Value
$4m
Shares
89,554
Held
Invesco Exch TRD SLF IDX FDBSMS
Share
0.2%
Value
$4m
Shares
189,779
-23%
Invesco Exch TRD SLF IDX FDBSMR
Share
0.2%
Value
$4m
Shares
178,708
-22%
Select Sector Spdr TRXLB
Share
0.2%
Value
$4m
Shares
80,034
+9%
PepsiCoPEP
Share
0.2%
Value
$4m
Shares
29,782
Held
ChevronCVX
Share
0.2%
Value
$4m
Shares
23,359
Held
Select Sector Spdr TRXLK
Share
0.2%
Value
$4m
Shares
19,674
+43%
Berkshire Hathaway INC DELBRK-A
Share
0.2%
Value
$4m
Shares
5
Held
Invesco Exch TRD SLF IDX FDBSCW
Share
0.2%
Value
$4m
Shares
181,433
New
Invesco Exchange Traded FD TRSPT
Share
0.2%
Value
$4m
Shares
56,098
-5%
Invesco Exch TRD SLF IDX FDBSMW
Share
0.2%
Value
$4m
Shares
143,604
+24%
Ishares TRIJH
Share
0.1%
Value
$4m
Shares
45,428
+65%
Invesco Exch TRD SLF IDX FDBSSX
Share
0.1%
Value
$3m
Shares
133,998
+27%
Berkshire HathawayBRK-B
Share
0.1%
Value
$3m
Shares
6,790
+5%
W.W. GraingerGWW
Share
0.1%
Value
$3m
Shares
2,482
-2%
Ishares TRIBDV
Share
0.1%
Value
$3m
Shares
154,851
+498%
Norfolk SouthernNSC
Share
0.1%
Value
$3m
Shares
10,583
-4%
Invesco Exch TRD SLF IDX FDBSMY
Share
0.1%
Value
$3m
Shares
134,061
+22%
DanaherDHR
Share
0.1%
Value
$3m
Shares
16,996
Held
Invesco Exch TRD SLF IDX FDBSMQ
Share
0.1%
Value
$3m
Shares
137,043
-19%
Spdr Index SHS FDSGNR
Share
0.1%
Value
$3m
Shares
45,553
Held
Coca-ColaKO
Share
0.1%
Value
$3m
Shares
37,449
Held
US BancorpUSB
Share
0.1%
Value
$3m
Shares
49,622
-2%
Perspective TherapeuticsCATX
Share
0.1%
Value
$3m
Shares
872,200
Held
Ishares TRIBMT
Share
0.1%
Value
$3m
Shares
112,191
+150%
Analog DevicesADI
Share
0.1%
Value
$3m
Shares
7,287
Held
Vanguard Index FDSVXF
Share
0.1%
Value
$3m
Shares
11,679
Held
Select Sector Spdr TRXLRE
Share
0.1%
Value
$3m
Shares
64,838
+9%
Ishares TRIBDU
Share
0.1%
Value
$3m
Shares
122,688
+750%
Invesco Exchange Traded FD TRSPN
Share
0.1%
Value
$3m
Shares
44,386
+9%
Abbott LaboratoriesABT
Share
0.1%
Value
$3m
Shares
29,912
-16%
Vanguard Star FDSVXUS
Share
0.1%
Value
$3m
Shares
31,396
Held
CaterpillarCAT
Share
0.1%
Value
$3m
Shares
2,510
Held

Company	Share of fund	Value	Shares	Change
Spdr Series TrustSPYM	12.8%	$300m	3,411,823	-4%
Vanguard Tax-Managed FDSVEA	7.3%	$171m	2,406,484	+7%
State STR Spdr S&P 500 ETF TSPY	6.6%	$155m	207,251	Held
Federated Hermes ETF TrustFTRB	6.0%	$141m	5,613,451	+97%
American Centy ETF TRAVLC	4.3%	$101m	1,125,936	-5%
Spdr Series TrustSPMD	3.5%	$82m	1,215,987	-6%
State STR Spdr S&P Midcap 40MDY	3.3%	$78m	111,587	-3%
Vanguard Intl Equity Index FVWO	3.1%	$73m	1,219,031	+8%
J P Morgan Exchange Traded FJPIB	2.6%	$61m	1,265,473	+203%
Spdr Index SHS FDSGII	2.4%	$57m	749,512	Held
NvidiaNVDA	1.9%	$45m	222,599	Held
AlphabetGOOG	1.7%	$40m	112,114	-2%
AppleAAPL	1.5%	$36m	124,984	-3%
Invesco Exch TRD SLF IDX FDBSCQ	1.2%	$29m	1,499,770	-49%
Invesco Exch TRD SLF IDX FDBSCR	1.2%	$27m	1,390,074	-48%
Vanguard Wellesley Income FDVBCE	1.2%	$27m	358,002	New
Vanguard Wellesley Income FDVBCF	1.1%	$27m	355,839	New
MicrosoftMSFT	1.1%	$26m	69,333	Held
Invesco Exch TRD SLF IDX FDBSCS	1.1%	$25m	1,250,435	-50%
Flexshares TRGUNR	1.1%	$25m	503,100	Held
Vanguard BD Index FDSBND	1.0%	$24m	330,596	-8%
Vanguard Wellesley Income FDVBCA	1.0%	$24m	317,164	New
Vanguard Wellesley Income FDVBCB	1.0%	$24m	317,384	New
Vanguard Wellesley Income FDVBCC	1.0%	$24m	317,270	New
Vanguard Wellesley Income FDVBCD	1.0%	$24m	316,720	New
Invesco Exch TRD SLF IDX FDBSCT	0.8%	$19m	1,046,645	-57%
Invesco Exch TRD SLF IDX FDBSCU	0.7%	$17m	1,047,500	-60%
JPMorgan ChaseJPM	0.7%	$17m	52,326	-3%
Ishares TREFA	0.7%	$16m	153,988	-5%
FastenalFAST	0.7%	$16m	328,990	-3%
Amazon.comAMZN	0.7%	$16m	65,869	Held
Invesco Exch TRD SLF IDX FDBSMT	0.7%	$15m	664,948	Held
Procter & GamblePG	0.6%	$15m	101,671	-3%
Spdr Series TrustSPYV	0.6%	$13m	219,808	-12%
Ishares TRIBMP	0.6%	$13m	508,428	+15%
Palo Alto NetworksPANW	0.5%	$13m	36,872	Held
KLAKLAC	0.5%	$12m	41,043	Held
Ishares TRIBMQ	0.5%	$12m	464,604	+17%
Dimensional ETF TrustDFIC	0.5%	$11m	290,849	-37%
Home DepotHD	0.4%	$10m	28,832	-3%
Invesco Exch TRD SLF IDX FDBSCV	0.4%	$10m	602,856	-77%
Ishares TRIBMO	0.4%	$10m	378,134	-3%
Invesco Exch TRD SLF IDX FDBSMU	0.4%	$9m	405,165	-12%
Johnson & JohnsonJNJ	0.4%	$9m	34,221	Held
Ishares TRIBDW	0.4%	$8m	405,071	+526%
Vanguard Index FDSVOO	0.3%	$8m	11,860	Held
MastercardMA	0.3%	$8m	15,409	-3%
Invesco Exch TRD SLF IDX FDBSMV	0.3%	$8m	360,323	-25%
Costco WholesaleCOST	0.3%	$7m	7,906	Held
Ishares TRIJR	0.3%	$7m	49,200	Held
Meta PlatformsMETA	0.3%	$7m	12,657	-2%
Illinois Tool WorksITW	0.3%	$6m	22,862	Held
ExxonMobil HoldingsXOM	0.3%	$6m	43,320	Held
Cisco SystemsCSCO	0.2%	$6m	49,664	-2%
Advanced Micro DevicesAMD	0.2%	$6m	9,736	Held
Intercontinental ExchangeICE	0.2%	$6m	45,864	-4%
Alliant EnergyLNT	0.2%	$5m	71,281	Held
TJX CompaniesTJX	0.2%	$5m	35,052	Held
VisaV	0.2%	$5m	15,437	+3%
Vanguard Index FDSVTI	0.2%	$5m	14,308	+6%
McDonald'sMCD	0.2%	$5m	19,498	-3%
IntelINTC	0.2%	$5m	37,258	+3%
OracleORCL	0.2%	$5m	34,223	-2%
Thermo Fisher ScientificTMO	0.2%	$5m	9,589	-11%
Eli LillyLLY	0.2%	$5m	3,941	+15%
DeereDE	0.2%	$5m	7,139	Held
CVS HealthCVS	0.2%	$4m	43,313	-5%
Spdr Index SHS FDSRWO	0.2%	$4m	89,554	Held
Invesco Exch TRD SLF IDX FDBSMS	0.2%	$4m	189,779	-23%
Invesco Exch TRD SLF IDX FDBSMR	0.2%	$4m	178,708	-22%
Select Sector Spdr TRXLB	0.2%	$4m	80,034	+9%
PepsiCoPEP	0.2%	$4m	29,782	Held
ChevronCVX	0.2%	$4m	23,359	Held
Select Sector Spdr TRXLK	0.2%	$4m	19,674	+43%
Berkshire Hathaway INC DELBRK-A	0.2%	$4m	5	Held
Invesco Exch TRD SLF IDX FDBSCW	0.2%	$4m	181,433	New
Invesco Exchange Traded FD TRSPT	0.2%	$4m	56,098	-5%
Invesco Exch TRD SLF IDX FDBSMW	0.2%	$4m	143,604	+24%
Ishares TRIJH	0.1%	$4m	45,428	+65%
Invesco Exch TRD SLF IDX FDBSSX	0.1%	$3m	133,998	+27%
Berkshire HathawayBRK-B	0.1%	$3m	6,790	+5%
W.W. GraingerGWW	0.1%	$3m	2,482	-2%
Ishares TRIBDV	0.1%	$3m	154,851	+498%
Norfolk SouthernNSC	0.1%	$3m	10,583	-4%
Invesco Exch TRD SLF IDX FDBSMY	0.1%	$3m	134,061	+22%
DanaherDHR	0.1%	$3m	16,996	Held
Invesco Exch TRD SLF IDX FDBSMQ	0.1%	$3m	137,043	-19%
Spdr Index SHS FDSGNR	0.1%	$3m	45,553	Held
Coca-ColaKO	0.1%	$3m	37,449	Held
US BancorpUSB	0.1%	$3m	49,622	-2%
Perspective TherapeuticsCATX	0.1%	$3m	872,200	Held
Ishares TRIBMT	0.1%	$3m	112,191	+150%
Analog DevicesADI	0.1%	$3m	7,287	Held
Vanguard Index FDSVXF	0.1%	$3m	11,679	Held
Select Sector Spdr TRXLRE	0.1%	$3m	64,838	+9%
Ishares TRIBDU	0.1%	$3m	122,688	+750%
Invesco Exchange Traded FD TRSPN	0.1%	$3m	44,386	+9%
Abbott LaboratoriesABT	0.1%	$3m	29,912	-16%
Vanguard Star FDSVXUS	0.1%	$3m	31,396	Held
CaterpillarCAT	0.1%	$3m	2,510	Held

Showing the largest 100 of 383.

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 48.1% since 30 June 2025.

Where the money is

Technology7.5%

Industrials2.9%

Financial services2.8%

Media & telecom2.3%

Health care2.1%

Retail & consumer1.8%

Everyday goods1.5%

Energy0.6%

Utilities0.5%

Materials0.2%

Real estate0.2%

Other77.7%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.