Bell Bank

Bank

CIK

1002672

Location

FARGO, ND

Portfolio Value

Small $888,462,005

Diversification

Diversified

Filing Date

Global Rank

#449 / 3,203 ▲ 1614

Top Industry

Semiconductors 12.5%

3Y Alpha vs SPY

-0.4%

Period ended 30 days ago

Filed Jul 16, 2026 · 14d

26 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+67.6%

SPY

+65.3%

Annualised alpha

+0.6%

Max drawdown

−17.8%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

136 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

29.5%

+2.6 pts

Top 5

39.8%

+2.1 pts

Top 10

48.9%

+1.9 pts

HHI

966

Diversified+136

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	31.8%	$282,687,869	4
Technology	22.3%	$197,857,213	31
Consumer Defensive	8.8%	$77,751,122	12
Healthcare	7.2%	$63,978,578	16
Financial Services	5.9%	$52,481,747	21
Energy	5.4%	$48,113,740	5
Communication Services	5.1%	$45,231,389	5
Consumer Cyclical	4.3%	$38,344,299	10
Industrials	3.8%	$33,524,851	22
Utilities	2.8%	$25,187,358	4
Basic Materials	1.7%	$15,464,385	4
Real Estate	0.9%	$7,839,454	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IP	International Paper Co /New/	+186,635	196,995	$7,505,509
CAG	Conagra Brands Inc.	+83,473	426,173	$5,736,288
PG	PROCTER & GAMBLE Co	+43,565	72,718	$10,663,366
KHC	Kraft Heinz Co	+37,136	375,236	$8,863,073
GIS	General Mills Inc	+27,143	168,302	$5,856,909
HPE	Hewlett Packard Enterprise Co	+18,584	364,654	$16,449,541
SWKS	Skyworks Solutions, Inc.	+18,027	119,695	$8,115,320
PFE	Pfizer Inc	+11,541	484,403	$11,664,423
CCI	Crown Castle Inc.	+10,269	84,123	$6,370,634
SO	Southern Co	+9,039	140,136	$13,412,416
BX	Blackstone Inc.	+5,642	58,513	$6,885,224
PRU	Prudential Financial Inc	+5,298	102,073	$11,016,738
ADM	Archer-Daniels-Midland Co	+5,116	168,360	$12,862,703
KMI	Kinder Morgan, Inc.	+4,213	264,295	$8,449,511
TRP	Tc Energy Corp	+4,182	185,055	$12,267,295
RIO	Rio Tinto PLC	+3,951	153,586	$14,579,918
UBER	Uber Technologies, Inc	+3,575	35,594	$2,568,463
DUK	Duke Energy CORP	+2,950	82,648	$10,461,583
UPS	United Parcel Service Inc	+2,791	112,911	$12,137,932
PEP	Pepsico Inc	+2,759	68,139	$9,226,020
IBM	International Business Machines Corp	+2,550	52,824	$14,854,636
AAPL	Apple Inc.	+2,035	57,147	$16,536,055
ORCL	Oracle Corp	+2,015	22,658	$3,320,529
GILD	Gilead Sciences, Inc.	+1,959	78,616	$9,932,345
CVX	Chevron Corp	+1,822	84,267	$13,968,097
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
LYB	LyondellBasell Industries N.V.	−111,905	6,108	$321,586
STX	Seagate Technology Holdings plc	−17,882	17,792	$17,169,280
VZ	Verizon Communications Inc	−8,800	237,489	$10,055,284
KMB	Kimberly Clark Corp	−3,570	101,680	$11,161,413
QQQ	Invesco Qqq Trust, Series 1	−3,544	355,481	$261,776,207
CRM	Salesforce, Inc.	−2,210	2,295	$359,534
BRK-B	Berkshire Hathaway Inc	−1,966	2,669	$1,335,540
ARCC	Ares Capital Corp	−1,540	515,804	$9,557,847
SBUX	Starbucks Corp	−1,388	2,260	$230,949
CSCO	Cisco Systems, Inc.	−1,088	144,156	$16,932,563
GSK	GSK plc	−994	181,234	$9,500,285
DHR	Danaher Corp /De/	−893	1,347	$256,576
FAST	Fastenal Co	−557	23,290	$1,118,618
USB	US Bancorp De	−470	7,333	$442,913
JNJ	Johnson & Johnson	−172	5,046	$1,281,532
ADI	Analog Devices Inc	−164	3,784	$1,502,891
TXN	Texas Instruments Inc	−140	2,473	$737,127
CB	Chubb Ltd	−137	1,595	$543,480
ABT	Abbott Laboratories	−135	2,284	$207,250
UNP	Union Pacific Corp	−132	1,589	$432,208
NEE	Nextera Energy Inc	−122	11,004	$965,821
KO	Coca Cola Co	−89	29,351	$2,385,355
GLD	Spdr Gold Trust	−80	1,718	$632,876
MMM	3M Co	−71	7,256	$1,174,818
XEL	Xcel Energy Inc	−69	4,328	$347,538
No positions match the current search.

New Positions

Positions the filer opened this quarter

16 positions

Ticker	Company	Shares	Value
SWK	Stanley Black & Decker, Inc.	95,411	$8,980,083
HPQ	Hp Inc	397,887	$8,729,639
CLX	Clorox Co /De/	63,038	$6,016,346
GE	General Electric Co	1,612	$602,452
GEV	GE Vernova Inc.	412	$484,042
LRCX	Lam Research Corp	1,068	$462,796
SNDK	Sandisk Corp	173	$393,355
WDC	Western Digital Corp	544	$347,463
PANW	Palo Alto Networks Inc	963	$328,402
INV	Innventure, Inc.	62,223	$315,470
GLW	Corning Inc /Ny	854	$218,137
AME	Ametek Inc/	895	$216,536
ROK	Rockwell Automation, Inc	431	$213,379
VMC	Vulcan Materials CO	719	$212,112
WST	West Pharmaceutical Services Inc	560	$201,040
BOF	BranchOut Food Inc.	12,500	$57,500
No positions match the current search.

Sold Out

Positions the filer fully exited

12 positions

Ticker	Company	Shares	Value
DOW	Dow Inc.	215,197	$8,962,954
VTRS	Viatris Inc	535,974	$7,241,008
BXSL	Blackstone Secured Lending Fund	232,851	$5,516,239
HON	Honeywell International Inc	2,409	$544,506
NOW	ServiceNow, Inc.	4,340	$453,747
HSY	Hershey Co	1,371	$285,017
ROL	Rollins Inc	5,163	$275,755
ACN	Accenture plc	1,352	$268,088
REGN	Regeneron Pharmaceuticals, Inc.	301	$232,564
MCK	Mckesson Corp	261	$225,858
VEEV	Veeva Systems Inc	1,179	$207,103
SPGI	S&P Global Inc.	481	$204,588
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

136 tracked positions · $888,462,005 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 136 positions by value · page 1 of 3

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
QQQ	Invesco Qqq Trust, Series 1	Reduced	355,481	-3,544	$261,776,207	+26.3%	29.46%
NVDA	Nvidia Corp Technology	Added	187,692	+1,166	$37,555,292	+15.4%	4.23%
SPY	Spdr S&P 500 ETF Trust	Added	26,270	+363	$19,617,647	+16.4%	2.21%
MSFT	Microsoft Corp Technology	Added	46,554	+1,454	$17,365,573	+4.0%	1.95%
STX	Seagate Technology Holdings plc Technology	Reduced	17,792	-17,882	$17,169,280	+22.9%	1.93%
CSCO	Cisco Systems, Inc. Technology	Reduced	144,156	-1,088	$16,932,563	+50.3%	1.91%
AAPL	Apple Inc. Technology	Added	57,147	+2,035	$16,536,055	+18.2%	1.86%
HPE	Hewlett Packard Enterprise Co Technology	Added	364,654	+18,584	$16,449,541	+99.6%	1.85%
AMZN	Amazon Com Inc Consumer Cyclical	Added	67,017	+1,646	$15,972,831	+17.3%	1.80%
IBM	International Business Machines Corp Technology	Added	52,824	+2,550	$14,854,636	+21.9%	1.67%
RIO	Rio Tinto PLC Basic Materials	Added	153,586	+3,951	$14,579,918	+4.4%	1.64%
GOOGL	Alphabet Inc. Communication Services	Added	40,741	+247	$14,559,611	+25.0%	1.64%
CVX	Chevron Corp Energy	Added	84,267	+1,822	$13,968,097	−18.1%	1.57%
ABBV	AbbVie Inc. Healthcare	Added	53,948	+297	$13,575,473	+16.3%	1.53%
SO	Southern Co Utilities	Added	140,136	+9,039	$13,412,416	+6.0%	1.51%
XOM	ExxonMobil Holdings Corp Energy	Added	95,667	+914	$13,079,591	−18.6%	1.47%
ADM	Archer-Daniels-Midland Co Consumer Defensive	Added	168,360	+5,116	$12,862,703	+8.4%	1.45%
TRP	Tc Energy Corp Energy	Added	185,055	+4,182	$12,267,295	+8.3%	1.38%
META	Meta Platforms, Inc. Communication Services	Added	21,773	+468	$12,264,513	+0.6%	1.38%
AMGN	Amgen Inc Healthcare	Added	33,672	+1,390	$12,193,303	+7.4%	1.37%
UPS	United Parcel Service Inc Industrials	Added	112,911	+2,791	$12,137,932	+12.0%	1.37%
PFE	Pfizer Inc Healthcare	Added	484,403	+11,541	$11,664,423	−12.2%	1.31%
KMB	Kimberly Clark Corp Consumer Defensive	Reduced	101,680	-3,570	$11,161,413	+9.9%	1.26%
PRU	Prudential Financial Inc Financial Services	Added	102,073	+5,298	$11,016,738	+16.5%	1.24%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	72,718	+43,565	$10,663,366	+153.2%	1.20%
DUK	Duke Energy CORP Utilities	Added	82,648	+2,950	$10,461,583	+0.2%	1.18%
VZ	Verizon Communications Inc Communication Services	Reduced	237,489	-8,800	$10,055,284	−18.7%	1.13%
GILD	Gilead Sciences, Inc. Healthcare	Added	78,616	+1,959	$9,932,345	−7.0%	1.12%
ARCC	Ares Capital Corp Financial Services	Reduced	515,804	-1,540	$9,557,847	+2.5%	1.08%
GSK	GSK plc Healthcare	Reduced	181,234	-994	$9,500,285	−5.5%	1.07%
PEP	Pepsico Inc Consumer Defensive	Added	68,139	+2,759	$9,226,020	−9.1%	1.04%
SWK	Stanley Black & Decker, Inc. Industrials	NEW	95,411	NEW	$8,980,083	NEW	1.01%
KHC	Kraft Heinz Co Consumer Defensive	Added	375,236	+37,136	$8,863,073	+16.6%	1.00%
HPQ	Hp Inc Technology	NEW	397,887	NEW	$8,729,639	NEW	0.98%
KMI	Kinder Morgan, Inc. Energy	Added	264,295	+4,213	$8,449,511	−3.1%	0.95%
AVGO	Broadcom Inc. Technology	Added	21,939	+681	$8,287,457	+26.0%	0.93%
SWKS	Skyworks Solutions, Inc. Technology	Added	119,695	+18,027	$8,115,320	+49.1%	0.91%
IP	International Paper Co /New/ Consumer Cyclical	Added	196,995	+186,635	$7,505,509	+1929.3%	0.84%
JPM	Jpmorgan Chase & Co Financial Services	Added	22,218	+1,517	$7,272,617	+19.4%	0.82%
BX	Blackstone Inc. Financial Services	Added	58,513	+5,642	$6,885,224	+13.3%	0.77%
T	At&T Inc. Communication Services	Added	327,514	+855	$6,779,539	−28.4%	0.76%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	14,031	+475	$6,700,784	+46.3%	0.75%
CCI	Crown Castle Inc. Real Estate	Added	84,123	+10,269	$6,370,634	+6.1%	0.72%
AMD	Advanced Micro Devices Inc Technology	Added	10,733	+191	$6,234,907	+190.7%	0.70%
CLX	Clorox Co /De/ Consumer Defensive	NEW	63,038	NEW	$6,016,346	NEW	0.68%
V	Visa Inc. Financial Services	Added	17,513	+202	$6,008,535	+14.8%	0.68%
GIS	General Mills Inc Consumer Defensive	Added	168,302	+27,143	$5,856,909	+11.5%	0.66%
CAG	Conagra Brands Inc. Consumer Defensive	Added	426,173	+83,473	$5,736,288	+6.5%	0.65%
TSLA	Tesla, Inc. Consumer Cyclical	Added	11,212	+72	$4,715,767	+13.9%	0.53%
MU	Micron Technology Inc Technology	Added	3,630	+50	$4,190,072	+246.4%	0.47%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.