Iowa State Bank
Long book
$543.4M
Q1 2026
Positions
117
Top-10 weight
38%
concentration
Last quarter
+11.1%
SPY +14.8%
Turnover
9%
of book per quarter
Strategy in plain words
auto-generated from filingsIowa State Bank is an institutional manager, running a $543.4M US long book across 117 positions.
The portfolio is moderately concentrated (top 10 ≈ 38% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: SS SPDR P HIGH YIELD ETF, ISHARES CORE MSCI EAFE ETF, ISHARES CORE S&P MIDCAP ETF, ISHARES CORE MSCI EMERGING, JPMORGAN CHASE & CO.
Over the last 9 quarters its long book ran on average 0.8pp 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
-0.2%
Q2 2024
+6.6%
Q3 2024
+0.0%
Q4 2024
-0.7%
Q1 2025
+8.2%
Q2 2025
+6.6%
Q3 2025
+2.9%
Q4 2025
-1.4%
Q1 2026
+11.1%
Sector allocation
Technology 32%
Financials 18%
Consumer discretionary 11%
Industrials 10%
Healthcare 10%
Energy 5%
Services media 3%
Utilities 3%
Long book by quarter
What does Iowa State own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| JPM JPMORGAN CHASE & CO | Financials | 65.5K | $19.3M | 3.5% | +2.8% |
| AAPL APPLE INC | Technology | 75.9K | $19.3M | 3.5% | -3.4% |
| GOOGL ALPHABET INC-CL A | Technology | 60.1K | $17.3M | 3.2% | -5.0% |
| NVDA NVIDIA CORP | Technology | 93.0K | $16.2M | 3.0% | +5.2% |
| MSFT MICROSOFT CORP | Technology | 40.3K | $14.9M | 2.7% | +0.4% |
| XOM EXXON MOBIL CORP | Energy | 69.6K | $11.8M | 2.2% | +8.4% |
| CSCO CISCO SYSTEMS INC | Technology | 132.9K | $10.3M | 1.9% | +2.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 47.4K | $9.9M | 1.8% | -2.4% |
| ABBV ABBVIE INC | Healthcare | 45.3K | $9.9M | 1.8% | -10.0% |
| MS MORGAN STANLEY | Financials | 59.1K | $9.7M | 1.8% | -0.9% |
| CVX CHEVRON CORP | Energy | 41.9K | $8.7M | 1.6% | +5.7% |
| EMR EMERSON ELECTRIC CO | Industrials | 63.5K | $8.3M | 1.5% | -1.5% |
| JNJ JOHNSON & JOHNSON | Healthcare | 33.3K | $8.1M | 1.5% | -9.6% |
| CAH CARDINAL HEALTH INC | Consumer discretionary | 38.2K | $8.1M | 1.5% | -19.3% |
| META META PLATFORMS INC-CLASS A | Technology | 13.3K | $7.6M | 1.4% | +15.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 15.5K | $7.4M | 1.4% | -5.5% |
| ETN EATON CORP PLC | Industrials | 19.3K | $6.9M | 1.3% | -0.1% |
| RTX RTX CORP | Industrials | 35.0K | $6.8M | 1.2% | -1.1% |
| CAT CATERPILLAR INC | Industrials | 8.9K | $6.3M | 1.2% | -1.8% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 24.9K | $6.0M | 1.1% | +9.1% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 37.7K | $5.5M | 1.0% | +20.5% |
| AVGO BROADCOM INC | Technology | 17.7K | $5.5M | 1.0% | +6.9% |
| DUK DUKE ENERGY CORP | Utilities | 41.9K | $5.5M | 1.0% | +3.8% |
| V VISA INC-CLASS A SHARES | Services media | 17.4K | $5.2M | 1.0% | -2.8% |
| ORCL ORACLE CORP | Technology | 35.4K | $5.2M | 1.0% | +11.7% |
| PG PROCTER & GAMBLE CO/THE | Other | 35.7K | $5.2M | 0.9% | -6.1% |
| BRK/A BERKSHIRE HATHAWAY INC-CL A | Financials | 7 | $5.0M | 0.9% | Held |
| PEP PEPSICO INC | Consumer staples | 31.7K | $4.9M | 0.9% | -0.1% |
| YUM YUM! BRANDS INC | Consumer discretionary | 30.6K | $4.8M | 0.9% | +0.2% |
| LLY ELI LILLY & CO | Healthcare | 5.1K | $4.7M | 0.9% | -9.2% |
| PRU PRUDENTIAL FINANCIAL INC | Financials | 47.0K | $4.6M | 0.8% | +3.6% |
| BAC BANK OF AMERICA CORP | Financials | 93.3K | $4.5M | 0.8% | -1.9% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 90.2K | $4.5M | 0.8% | -6.2% |
| CRM SALESFORCE INC | Technology | 19.3K | $3.6M | 0.7% | +6.3% |
| DIS WALT DISNEY CO/THE | Services media | 36.7K | $3.5M | 0.7% | +0.7% |
| ICE INTERCONTINENTAL EXCHANGE IN | Financials | 22.1K | $3.5M | 0.6% | -0.1% |
| PANW PALO ALTO NETWORKS INC | Technology | 21.4K | $3.4M | 0.6% | +2.9% |
| BLK BLACKROCK INC | Financials | 3.5K | $3.4M | 0.6% | -2.1% |
| AMGN AMGEN INC | Healthcare | 9.5K | $3.4M | 0.6% | -1.1% |
| TFC TRUIST FINANCIAL CORP | Financials | 71.8K | $3.3M | 0.6% | -17.7% |
| KO COCA-COLA CO/THE | Consumer staples | 43.3K | $3.3M | 0.6% | New |
| UPS UNITED PARCEL SERVICE-CL B | Industrials | 32.1K | $3.2M | 0.6% | -0.4% |
| ADI ANALOG DEVICES INC | Technology | 9.9K | $3.2M | 0.6% | +0.6% |
| MCD MCDONALD'S CORP | Consumer discretionary | 9.9K | $3.1M | 0.6% | -2.0% |
| DD DUPONT DE NEMOURS INC | Materials | 67.3K | $3.1M | 0.6% | +163.9% |
| WM WASTE MANAGEMENT INC | Utilities | 13.4K | $3.1M | 0.6% | +0.4% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 13.4K | $3.0M | 0.6% | +1.1% |
| LOW LOWE'S COS INC | Consumer discretionary | 12.4K | $2.9M | 0.5% | -4.5% |
| WMT WALMART INC | Consumer discretionary | 23.0K | $2.9M | 0.5% | -7.2% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 30.3K | $2.8M | 0.5% | 0.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 15, 2026 | 124 | $543.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 6, 2026 | 126 | $533.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 3, 2025 | 126 | $525.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 22, 2025 | 125 | $502.1M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 9, 2025 | 120 | $471.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 6, 2025 | 108 | $480.6M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 9, 2024 | 112 | $486.4M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 23, 2024 | 106 | $452.5M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 23, 2024 | 131 | $451.9M | 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