AMES NATIONAL CORP

CIK

1132651

Location

AMES, IA

Portfolio Value

Micro $45,258,391

Diversification

Diversified

Filing Date

Global Rank

#6,609 / 8,232 ▲ 46

Top Industry

Software - Infrastructure 13.1%

3Y Alpha vs SPY

-7.7%

Period ended 2 months ago

Filed May 12, 2026 · 32d

6 quarters · since Dec 2024

Clone Performance

Feb 2025–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+13.1%

SPY

+23.4%

Annualised alpha

-7.5%

Max drawdown

−12.5%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

49 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

13.0%

−1.6 pts

Top 5

39.6%

+1.0 pts

Top 10

57.5%

+2.8 pts

HHI

489

Diversified−4

Portfolio Trend

6 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	29.1%	$13,149,960	6
Financial Services	18.2%	$8,221,793	9
Healthcare	12.2%	$5,515,886	9
Consumer Cyclical	11.3%	$5,136,057	4
Consumer Defensive	7.5%	$3,414,242	5
Energy	7.2%	$3,244,063	2
Industrials	6.7%	$3,042,815	6
Communication Services	4.1%	$1,833,059	4
Basic Materials	1.9%	$861,720	2
Unclassified	1.2%	$538,481	1
Utilities	0.7%	$300,315	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

5 positions

Ticker	Company	Δ Shares	Shares	Value
PFE	Pfizer Inc	+709	15,942	$447,651
V	Visa Inc.	+142	2,082	$629,263
MSFT	Microsoft Corp	+73	15,856	$5,869,415
BRK-B	Berkshire Hathaway Inc	+30	4,704	$2,254,156
DE	Deere & Co	+18	663	$373,467
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
T	At&T Inc.	−27,700	14,037	$406,932
LNT	Alliant Energy Corp	−18,233	4,185	$300,315
ATLO	Ames National Corp	−12,000	46,557	$1,313,838
WFC	Wells Fargo & Company/Mn	−8,000	3,000	$238,830
VZ	Verizon Communications Inc	−6,094	7,163	$359,582
TRV	Travelers Companies, Inc.	−5,326	726	$211,759
UNP	Union Pacific Corp	−1,430	4,082	$990,374
JNJ	Johnson & Johnson	−1,199	11,096	$2,712,305
NSC	Norfolk Southern Corp	−900	1,300	$373,100
NKE	NIKE, Inc.	−621	5,497	$290,351
PG	PROCTER & GAMBLE Co	−525	8,777	$1,267,749
WMT	Walmart Inc.	−450	7,973	$990,883
CVX	Chevron Corp	−440	8,492	$1,756,994
JPM	Jpmorgan Chase & Co	−325	7,405	$2,178,254
ADP	Automatic Data Processing Inc	−270	5,683	$1,154,671
MRK	Merck & Co., Inc.	−250	7,854	$944,757
HD	Home Depot, Inc.	−206	7,868	$2,587,705
KO	Coca Cola Co	−200	4,597	$349,601
AFL	Aflac Inc	−195	3,690	$404,829
SYY	Sysco Corp	−170	4,725	$337,034
SPY	Spdr S&P 500 ETF Trust	−50	828	$538,481
BLK	BlackRock, Inc.	−50	564	$542,403
DIS	Walt Disney Co	−48	2,524	$243,262
UNH	Unitedhealth Group Inc	−33	1,516	$410,213
PEP	Pepsico Inc	−5	3,020	$468,975
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
KLAC	Kla Corp	150	$220,861
SYK	Stryker Corp	665	$218,512
AMGN	Amgen Inc	595	$209,350
WHWK	Whitehawk Therapeutics, Inc.	4,571	$15,769
No positions match the current search.

Sold Out

Positions the filer fully exited

3 positions

Ticker	Company	Shares	Value
COP	Conocophillips	3,787	$354,501
DNP	Dnp Select Income Fund Inc	18,000	$179,820
COF	Capital One Financial Corp	647	$156,806
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

49 positions · $45,258,391 total · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
MSFT	Microsoft Corp Technology	Added	15,856	+73	$5,869,415	−23.1%	12.97%
AAPL	Apple Inc. Technology	Held	17,681	0	$4,487,260	−6.6%	9.91%
JNJ	Johnson & Johnson Healthcare	Reduced	11,096	-1,199	$2,712,305	+6.6%	5.99%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	7,868	-206	$2,587,705	−6.9%	5.72%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	4,704	+30	$2,254,156	−4.1%	4.98%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	7,405	-325	$2,178,254	−12.5%	4.81%
CVX	Chevron Corp Energy	Reduced	8,492	-440	$1,756,994	+29.1%	3.88%
XOM	Exxon Mobil Corp Energy	Held	8,765	0	$1,487,069	+41.0%	3.29%
MCD	Mcdonalds Corp Consumer Cyclical	Held	4,455	0	$1,384,569	+1.7%	3.06%
ATLO	Ames National Corp Financial Services	Reduced	46,557	-12,000	$1,313,838	−2.3%	2.90%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	8,777	-525	$1,267,749	−4.9%	2.80%
ADP	Automatic Data Processing Inc Technology	Reduced	5,683	-270	$1,154,671	−24.6%	2.55%
WMT	Walmart Inc. Consumer Defensive	Reduced	7,973	-450	$990,883	+5.6%	2.19%
UNP	Union Pacific Corp Industrials	Reduced	4,082	-1,430	$990,374	−22.3%	2.19%
CSCO	Cisco Systems, Inc. Technology	Held	12,606	0	$978,099	+0.7%	2.16%
MRK	Merck & Co., Inc. Healthcare	Reduced	7,854	-250	$944,757	+10.8%	2.09%
CASY	Caseys General Stores Inc Consumer Cyclical	Held	1,200	0	$873,432	+31.7%	1.93%
GOOGL	Alphabet Inc. Communication Services	Held	2,863	0	$823,283	−8.1%	1.82%
V	Visa Inc. Financial Services	Added	2,082	+142	$629,263	−7.5%	1.39%
GD	General Dynamics Corp Industrials	Held	1,762	0	$604,753	+1.9%	1.34%
BLK	BlackRock, Inc. Financial Services	Reduced	564	-50	$542,403	−17.5%	1.20%
SPY	Spdr S&P 500 ETF Trust	Reduced	828	-50	$538,481	−10.1%	1.19%
PPG	Ppg Industries Inc Basic Materials	Held	4,570	0	$488,441	+4.3%	1.08%
PEP	Pepsico Inc Consumer Defensive	Reduced	3,020	-5	$468,975	+8.0%	1.04%
BX	Blackstone Inc. Financial Services	Held	3,900	0	$448,461	−25.4%	0.99%
PFE	Pfizer Inc Healthcare	Added	15,942	+709	$447,651	+18.0%	0.99%
QCOM	Qualcomm Inc/De Technology	Held	3,414	0	$439,654	−24.7%	0.97%
RTX	RTX Corp Industrials	Held	2,228	0	$429,781	+5.2%	0.95%
UNH	Unitedhealth Group Inc Healthcare	Reduced	1,516	-33	$410,213	−19.8%	0.91%
T	At&T Inc. Communication Services	Reduced	14,037	-27,700	$406,932	−60.7%	0.90%
AFL	Aflac Inc Financial Services	Reduced	3,690	-195	$404,829	−5.5%	0.89%
DE	Deere & Co Industrials	Added	663	+18	$373,467	+24.4%	0.83%
APD	Air Products & Chemicals, Inc. Basic Materials	Held	1,285	0	$373,279	+17.6%	0.82%
NSC	Norfolk Southern Corp Industrials	Reduced	1,300	-900	$373,100	−41.3%	0.82%
VZ	Verizon Communications Inc Communication Services	Reduced	7,163	-6,094	$359,582	−33.4%	0.79%
KO	Coca Cola Co Consumer Defensive	Reduced	4,597	-200	$349,601	+4.2%	0.77%
SYY	Sysco Corp Consumer Defensive	Reduced	4,725	-170	$337,034	−6.6%	0.74%
ABBV	AbbVie Inc. Healthcare	Held	1,465	0	$318,622	−4.8%	0.70%
LNT	Alliant Energy Corp Utilities	Reduced	4,185	-18,233	$300,315	−79.4%	0.66%
NKE	NIKE, Inc. Consumer Cyclical	Reduced	5,497	-621	$290,351	−25.5%	0.64%
CAT	Caterpillar Inc Industrials	Held	383	0	$271,340	+23.7%	0.60%
DIS	Walt Disney Co Communication Services	Reduced	2,524	-48	$243,262	−16.9%	0.54%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	3,000	-8,000	$238,830	−76.7%	0.53%
ABT	Abbott Laboratories Healthcare	Held	2,325	0	$238,707	−18.1%	0.53%
KLAC	Kla Corp Technology	NEW	150	NEW	$220,861	NEW	0.49%
SYK	Stryker Corp Healthcare	NEW	665	NEW	$218,512	NEW	0.48%
TRV	Travelers Companies, Inc. Financial Services	Reduced	726	-5,326	$211,759	−87.9%	0.47%
AMGN	Amgen Inc Healthcare	NEW	595	NEW	$209,350	NEW	0.46%
WHWK	Whitehawk Therapeutics, Inc. Healthcare	NEW	4,571	NEW	$15,769	NEW	0.03%