Heartland Bank & Trust Co
Long book
$442.4M
Q1 2026
Positions
206
Top-10 weight
50%
concentration
Last quarter
+8.9%
SPY +14.8%
Turnover
27%
of book per quarter
Strategy in plain words
auto-generated from filingsHeartland Bank & Trust Co is an institutional manager, running a $442.4M US long book across 206 positions.
The portfolio is concentrated: the top 10 names carry 50% of the portfolio. The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VANGUARD CORE BOND ETF, FIDELITY INVEST GRD BND ETF, ISHARES GLOBAL INFRASTRUCTUR, APPLE INC, NVIDIA CORP.
Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 4 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
+4.6%
Q2 2024
+5.7%
Q3 2024
+1.7%
Q4 2024
-3.0%
Q1 2025
+9.9%
Q2 2025
+7.9%
Q3 2025
+3.7%
Q4 2025
-1.8%
Q1 2026
+8.9%
Sector allocation
Technology 38%
Industrials 12%
Financials 12%
Consumer discretionary 10%
Healthcare 10%
Energy 5%
Services media 3%
Utilities 3%
Long book by quarter
What does Heartland Bank own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 79.3K | $20.1M | 4.5% | +18.9% |
| NVDA NVIDIA CORP | Technology | 86.9K | $15.2M | 3.4% | +27.0% |
| MSFT MICROSOFT CORP | Technology | 39.7K | $14.7M | 3.3% | +38.9% |
| GOOGL ALPHABET INC-CL A | Technology | 37.4K | $10.8M | 2.4% | +4.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 48.9K | $10.2M | 2.3% | +20.8% |
| CAT CATERPILLAR INC | Industrials | 9.3K | $6.6M | 1.5% | +48.7% |
| LLY ELI LILLY & CO | Healthcare | 6.5K | $6.0M | 1.3% | +33.9% |
| XOM EXXON MOBIL CORP | Energy | 34.9K | $5.9M | 1.3% | +83.0% |
| JPM JPMORGAN CHASE & CO | Financials | 17.8K | $5.2M | 1.2% | +38.7% |
| AVGO BROADCOM INC | Technology | 16.6K | $5.1M | 1.2% | +16.4% |
| WMT WALMART INC | Consumer discretionary | 40.0K | $5.0M | 1.1% | +107.5% |
| ABBV ABBVIE INC | Healthcare | 21.7K | $4.7M | 1.1% | +32.3% |
| META META PLATFORMS INC-CLASS A | Technology | 7.6K | $4.3M | 1.0% | +21.5% |
| HBT HBT FINANCIAL INC/DE | Financials | 160.5K | $4.3M | 1.0% | +857.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 15.4K | $3.8M | 0.8% | +70.9% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 6.5K | $3.1M | 0.7% | +42.9% |
| TSLA TESLA INC | Industrials | 7.9K | $3.0M | 0.7% | +2.9% |
| CVX CHEVRON CORP | Energy | 12.8K | $2.7M | 0.6% | +68.7% |
| MU MICRON TECHNOLOGY INC | Technology | 7.7K | $2.6M | 0.6% | -9.4% |
| HD HOME DEPOT INC | Consumer discretionary | 7.6K | $2.5M | 0.6% | +58.3% |
| PG PROCTER & GAMBLE CO/THE | Other | 17.0K | $2.5M | 0.6% | +94.4% |
| LMT LOCKHEED MARTIN CORP | Industrials | 4.0K | $2.4M | 0.5% | +112.3% |
| AMD ADVANCED MICRO DEVICES | Technology | 11.5K | $2.3M | 0.5% | +2.5% |
| MA MASTERCARD INC - A | Services media | 4.1K | $2.0M | 0.5% | +26.0% |
| MRK MERCK & CO. INC. | Healthcare | 16.6K | $2.0M | 0.5% | +106.3% |
| PEP PEPSICO INC | Consumer staples | 12.3K | $1.9M | 0.4% | +115.8% |
| V VISA INC-CLASS A SHARES | Services media | 6.1K | $1.8M | 0.4% | +3.0% |
| BLK BLACKROCK INC | Financials | 1.9K | $1.8M | 0.4% | +129.9% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 11.4K | $1.7M | 0.4% | +3.2% |
| KLAC KLA CORP | Other | 1.1K | $1.7M | 0.4% | -0.2% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 9.8K | $1.6M | 0.4% | +349.4% |
| CSCO CISCO SYSTEMS INC | Technology | 20.6K | $1.6M | 0.4% | +290.9% |
| ABT ABBOTT LABORATORIES | Healthcare | 15.1K | $1.5M | 0.3% | +77.6% |
| RTX RTX CORP | Industrials | 8.0K | $1.5M | 0.3% | +49.5% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 1.5K | $1.5M | 0.3% | +3.2% |
| MCD MCDONALD'S CORP | Consumer discretionary | 4.8K | $1.5M | 0.3% | +57.1% |
| SYK STRYKER CORP | Healthcare | 4.5K | $1.5M | 0.3% | +98.2% |
| MS MORGAN STANLEY | Financials | 8.9K | $1.5M | 0.3% | +18.8% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 5.9K | $1.4M | 0.3% | +33.6% |
| EMR EMERSON ELECTRIC CO | Industrials | 10.6K | $1.4M | 0.3% | +25.9% |
| NFLX NETFLIX INC | Services media | 13.6K | $1.3M | 0.3% | -10.3% |
| NEE NEXTERA ENERGY INC | Utilities | 13.5K | $1.2M | 0.3% | +168.9% |
| KO COCA-COLA CO/THE | Consumer staples | 15.5K | $1.2M | 0.3% | -3.7% |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 9.0K | $1.2M | 0.3% | +3.3% |
| FITB FIFTH THIRD BANCORP | Financials | 25.4K | $1.2M | 0.3% | +3.2% |
| LIN LINDE PLC | Materials | 2.3K | $1.1M | 0.3% | +28.0% |
| UNP UNION PACIFIC CORP | Industrials | 4.6K | $1.1M | 0.2% | +50.8% |
| T AT&T INC | Communications | 38.0K | $1.1M | 0.2% | +72.8% |
| CRM SALESFORCE INC | Technology | 5.8K | $1.1M | 0.2% | +343.9% |
| AMAT APPLIED MATERIALS INC | Technology | 3.1K | $1.0M | 0.2% | +74.9% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 6, 2026 | 350 | $442.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 3, 2026 | 190 | $236.2M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 10, 2025 | 207 | $242.1M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 25, 2025 | 202 | $213.4M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 22, 2025 | 196 | $194.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 22, 2025 | 172 | $184.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 22, 2024 | 187 | $185.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 21, 2024 | 178 | $176.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 17, 2024 | 175 | $172K | canonical | SEC ↗ |
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