First Nebraska Trust Co
Long book
$1.08B
Q1 2026
Positions
218
Top-10 weight
45%
concentration
Last quarter
+14.0%
SPY +14.8%
Turnover
7%
of book per quarter
Strategy in plain words
auto-generated from filingsFirst Nebraska Trust Co is an institutional manager, running a $1.08B US long book across 218 positions.
The portfolio is moderately concentrated (top 10 ≈ 45% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SYSCO CORP, APPLE INC, BERKSHIRE HATHAWAY INC-CL B, SS SPDR S&P 500 ETF TRUST-US, ALPHABET INC-CL A.
Over the last 9 quarters its long book ran on average 1.6pp 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
-1.2%
Q2 2024
+6.4%
Q3 2024
-1.0%
Q4 2024
-1.8%
Q1 2025
+3.5%
Q2 2025
+6.4%
Q3 2025
+0.2%
Q4 2025
-0.6%
Q1 2026
+14.0%
Sector allocation
Technology 32%
Consumer discretionary 26%
Industrials 10%
Financials 9%
Healthcare 7%
Energy 6%
Consumer staples 4%
Services media 3%
Long book by quarter
What does First Nebraska own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| SYY SYSCO CORP | Consumer discretionary | 2.2M | $156.7M | 14.5% | -3.5% |
| AAPL APPLE INC | Technology | 279.8K | $71.0M | 6.6% | -0.3% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 94.9K | $45.5M | 4.2% | -0.2% |
| GOOGL ALPHABET INC-CL A | Technology | 144.3K | $41.5M | 3.8% | -0.6% |
| MSFT MICROSOFT CORP | Technology | 90.9K | $33.6M | 3.1% | +4.4% |
| AMAT APPLIED MATERIALS INC | Technology | 86.3K | $29.5M | 2.7% | -21.8% |
| WMT WALMART INC | Consumer discretionary | 190.1K | $23.6M | 2.2% | -24.2% |
| TT TRANE TECHNOLOGIES PLC | Technology | 53.6K | $22.3M | 2.1% | -0.9% |
| CVX CHEVRON CORP | Energy | 96.6K | $20.0M | 1.8% | +0.2% |
| ETN EATON CORP PLC | Industrials | 52.5K | $18.8M | 1.7% | +1.7% |
| CAH CARDINAL HEALTH INC | Consumer discretionary | 85.1K | $18.0M | 1.7% | -2.1% |
| QCOM QUALCOMM INC | Technology | 138.0K | $17.8M | 1.6% | +1.8% |
| JNJ JOHNSON & JOHNSON | Healthcare | 66.5K | $16.3M | 1.5% | -0.1% |
| CSCO CISCO SYSTEMS INC | Technology | 208.8K | $16.2M | 1.5% | +0.3% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 21 | $15.1M | 1.4% | Held |
| UNP UNION PACIFIC CORP | Industrials | 59.3K | $14.4M | 1.3% | -0.1% |
| NUE NUCOR CORP | Industrials | 81.5K | $13.8M | 1.3% | -0.7% |
| DHR DANAHER CORP | Technology | 71.7K | $13.6M | 1.3% | 0.0% |
| MRK MERCK & CO. INC. | Healthcare | 104.2K | $12.5M | 1.2% | +0.1% |
| HRL HORMEL FOODS CORP | Consumer staples | 552.6K | $12.5M | 1.2% | +10.4% |
| JPM JPMORGAN CHASE & CO | Financials | 41.0K | $12.1M | 1.1% | -0.3% |
| MSI MOTOROLA SOLUTIONS INC | Technology | 26.2K | $11.4M | 1.1% | -1.2% |
| PEP PEPSICO INC | Consumer staples | 69.4K | $10.8M | 1.0% | +0.9% |
| DPZ DOMINO'S PIZZA INC | Consumer discretionary | 29.8K | $10.7M | 1.0% | +6.7% |
| FDX FEDEX CORP | Industrials | 30.0K | $10.7M | 1.0% | -1.1% |
| EOG EOG RESOURCES INC | Energy | 70.9K | $10.3M | 0.9% | +1.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 47.9K | $10.0M | 0.9% | +58.6% |
| COP CONOCOPHILLIPS | Energy | 68.0K | $9.0M | 0.8% | +0.2% |
| XOM EXXON MOBIL CORP | Energy | 52.4K | $8.9M | 0.8% | -10.5% |
| LOW LOWE'S COS INC | Consumer discretionary | 35.8K | $8.5M | 0.8% | -0.1% |
| PAYX PAYCHEX INC | Services media | 88.2K | $8.1M | 0.8% | +0.9% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 32.5K | $7.4M | 0.7% | -0.1% |
| GNRC GENERAC HOLDINGS INC | Industrials | 36.9K | $7.2M | 0.7% | -0.4% |
| DCI DONALDSON CO INC | Industrials | 81.5K | $6.9M | 0.6% | -0.5% |
| BSX BOSTON SCIENTIFIC CORP | Healthcare | 105.1K | $6.6M | 0.6% | -0.1% |
| USB US BANCORP | Financials | 123.5K | $6.4M | 0.6% | -0.6% |
| LLY ELI LILLY & CO | Healthcare | 6.9K | $6.4M | 0.6% | +0.7% |
| MDT MEDTRONIC PLC | Healthcare | 69.4K | $6.0M | 0.6% | -0.2% |
| V VISA INC-CLASS A SHARES | Services media | 18.9K | $5.7M | 0.5% | +37.1% |
| KO COCA-COLA CO/THE | Consumer staples | 72.6K | $5.5M | 0.5% | +0.3% |
| CRM SALESFORCE INC | Technology | 29.5K | $5.5M | 0.5% | +6.8% |
| CLX CLOROX COMPANY | Other | 52.6K | $5.5M | 0.5% | +16.1% |
| INTU INTUIT INC | Technology | 12.5K | $5.4M | 0.5% | +33.2% |
| SLB SLB LTD | Energy | 104.9K | $5.4M | 0.5% | -0.1% |
| EMR EMERSON ELECTRIC CO | Industrials | 39.6K | $5.2M | 0.5% | -0.9% |
| CL COLGATE-PALMOLIVE CO | Other | 60.5K | $5.2M | 0.5% | -0.2% |
| SYK STRYKER CORP | Healthcare | 15.7K | $5.1M | 0.5% | -0.4% |
| LW LAMB WESTON HOLDINGS INC | Consumer staples | 121.6K | $5.1M | 0.5% | +8.5% |
| ORCL ORACLE CORP | Technology | 30.1K | $4.4M | 0.4% | -0.6% |
| NVDA NVIDIA CORP | Technology | 25.3K | $4.4M | 0.4% | -0.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Jun 1, 2026 | 218 | $1.08B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jun 2, 2026 | 219 | $1.09B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Jun 9, 2026 | 205 | $1.11B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jun 10, 2026 | 195 | $1.04B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Jun 10, 2026 | 190 | $1.01B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jun 12, 2026 | 192 | $1.04B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Jun 12, 2026 | 197 | $1.03B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jun 15, 2026 | 194 | $970.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Jun 16, 2026 | 192 | $969.0M | canonical | SEC ↗ |
Similar funds
MASSACHUSETTS FINANCIAL SERVICES CO /MA/JENNISON ASSOCIATES LLCNational Pension ServiceFIL LtdClearbridge Investments, LLCDZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am MainNORDEA INVESTMENT MANAGEMENT ABBoston PartnersSwedbank AB1832 Asset Management L.P. HARRIS ASSOCIATES L PLOOMIS SAYLES & CO L P