FIRST NATIONAL BANK OF OMAHA

Other Low signal CIK 36644
League rank
#1219
in Other · #4658 overall
Long book
$3.24B
Q1 2026
Positions
497
Top-10 weight
24%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
9%
of book per quarter

Strategy in plain words

auto-generated from filings

FIRST NATIONAL BANK OF OMAHA is an institutional manager, running a $3.24B US long book across 497 positions.

The portfolio is broadly diversified across 497 positions (top 10 only 24%). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: DIMENSIONAL INTERNATIONAL CO, ISHARES CORE S&P 500 ETF, APPLE INC, VANGUARD TOTAL STOCK MKT ETF, MICROSOFT CORP.

Over the last 9 quarters its long book ran on average 1.3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+2.4%
Q2 2024
+5.9%
Q3 2024
-0.6%
Q4 2024
-2.6%
Q1 2025
+6.5%
Q2 2025
+5.9%
Q3 2025
+1.3%
Q4 2025
-0.9%
Q1 2026
+10.6%

Sector allocation

Technology
27%
Financials
17%
Consumer discretionary
12%
Industrials
11%
Healthcare
8%
Energy
6%
Services media
5%
Other
4%

Long book by quarter

$1.47B
Q1 2024
$1.52B
Q2 2024
$1.57B
Q3 2024
$1.54B
Q4 2024
$1.47B
Q1 2025
$1.55B
Q2 2025
$1.59B
Q3 2025
$3.38B
Q4 2025
$3.24B
Q1 2026

What does FIRST NATIONAL own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology379.2K$95.3M2.9%-1.1%
MSFT MICROSOFT CORPTechnology229.1K$83.8M2.6%-0.9%
AMZN AMAZON.COM INCConsumer discretionary314.1K$64.4M2.0%+18.0%
NVDA NVIDIA CORPTechnology361.2K$62.1M1.9%+3.1%
GOOG ALPHABET INC-CL CTechnology212.8K$59.2M1.8%-2.4%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials118.3K$56.4M1.7%-46.3%
WMT WALMART INCConsumer discretionary413.3K$51.1M1.6%-3.1%
JPM JPMORGAN CHASE & COFinancials171.3K$49.8M1.5%-2.0%
AVGO BROADCOM INCTechnology134.7K$40.7M1.3%+2.4%
CVX CHEVRON CORPEnergy176.2K$36.8M1.1%-11.9%
GOOGL ALPHABET INC-CL ATechnology127.3K$36.2M1.1%+0.6%
XOM EXXON MOBIL CORPEnergy211.6K$36.1M1.1%-5.8%
NEE NEXTERA ENERGY INCUtilities315.6K$29.2M0.9%-8.1%
JNJ JOHNSON & JOHNSONHealthcare115.0K$28.0M0.9%-5.8%
RTX RTX CORPIndustrials147.3K$27.9M0.9%-2.0%
META META PLATFORMS INC-CLASS ATechnology49.3K$27.7M0.9%+4.5%
PEP PEPSICO INCConsumer staples159.9K$24.9M0.8%+0.1%
COST COSTCO WHOLESALE CORPConsumer discretionary22.2K$22.1M0.7%+1.5%
DIS WALT DISNEY CO/THEServices media205.9K$19.6M0.6%-6.2%
PG PROCTER & GAMBLE CO/THEOther130.9K$18.9M0.6%-0.3%
ETN EATON CORP PLCIndustrials53.3K$18.7M0.6%+2.0%
CSCO CISCO SYSTEMS INCTechnology238.7K$18.4M0.6%-2.8%
LFUS LITTELFUSE INCIndustrials52.9K$18.0M0.6%-13.5%
ABT ABBOTT LABORATORIESHealthcare172.8K$17.7M0.5%+1.2%
AMGN AMGEN INCHealthcare48.1K$16.8M0.5%-23.8%
SO SOUTHERN CO/THEUtilities164.5K$15.9M0.5%+53.1%
C CITIGROUP INCFinancials146.9K$15.8M0.5%-10.8%
KLAC KLA CORPOther11.2K$15.5M0.5%-22.4%
CHWY CHEWY INC - CLASS AConsumer discretionary590.4K$15.5M0.5%+220.7%
BNY BANK OF NEW YORK MELLON CORPFinancials129.0K$15.0M0.5%-16.2%
CRM SALESFORCE INCTechnology79.7K$14.8M0.5%+47.7%
BLK BLACKROCK INCFinancials14.9K$14.2M0.4%-3.8%
LLY ELI LILLY & COHealthcare15.5K$14.1M0.4%+2.7%
MRK MERCK & CO. INC.Healthcare115.0K$13.7M0.4%-3.1%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials19$13.6M0.4%-58.7%
PM PHILIP MORRIS INTERNATIONALConsumer staples81.6K$13.5M0.4%+1.4%
COP CONOCOPHILLIPSEnergy101.9K$13.5M0.4%-1.7%
ZBH ZIMMER BIOMET HOLDINGS INCHealthcare146.3K$13.1M0.4%+48.5%
UNP UNION PACIFIC CORPIndustrials53.9K$13.0M0.4%-1.4%
EOG EOG RESOURCES INCEnergy86.5K$12.5M0.4%-7.4%
MDLZ MONDELEZ INTERNATIONAL INC-AConsumer staples214.7K$12.4M0.4%+80.3%
ACN ACCENTURE PLC-CL AServices media62.0K$12.3M0.4%+11.3%
V VISA INC-CLASS A SHARESServices media40.6K$12.2M0.4%-1.7%
DGX QUEST DIAGNOSTICS INCHealthcare60.7K$11.9M0.4%+0.8%
TMO THERMO FISHER SCIENTIFIC INCOther24.1K$11.6M0.4%-10.8%
SCHW SCHWAB (CHARLES) CORPFinancials118.2K$11.0M0.3%-13.7%
PB PROSPERITY BANCSHARES INCFinancials165.6K$11.0M0.3%+81.2%
LIN LINDE PLCMaterials21.7K$10.8M0.3%+0.8%
CI THE CIGNA GROUPFinancials41.3K$10.8M0.3%+56.4%
PTC PTC INCTechnology74.9K$10.7M0.3%+3.5%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 11, 2026852$3.24B canonicalSEC ↗
Q4 202513F-HRFeb 13, 2026853$3.38B canonicalSEC ↗
Q3 202513F-HRNov 7, 2025509$1.59B canonicalSEC ↗
Q2 202513F-HRFeb 10, 2026495$1.55B canonicalSEC ↗
Q1 202513F-HRFeb 10, 2026496$1.47B canonicalSEC ↗
Q4 202413F-HRFeb 11, 2025493$1.54B canonicalSEC ↗
Q3 202413F-HRNov 15, 2024489$1.57B canonicalSEC ↗
Q2 202413F-HRAug 15, 2024491$1.52B canonicalSEC ↗
Q1 202413F-HR/ARESTATEMENTJun 3, 2025496$1.47B canonicalSEC ↗
Q1 202413F-HRMay 10, 2024496$1.62B SEC ↗