Hills Bank & Trust Co

Bank

CIK

1309148

Location

North Liberty, IA

Portfolio Value

Small $660,419,033

Diversification

Diversified

Filing Date

Global Rank

#1,972 / 8,232 ▲ 53

Top Industry

Semiconductors 11.0%

3Y Alpha vs SPY

-6.8%

Period ended 2 months ago

Filed May 1, 2026 · 43d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

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

Cloned portfolio

+48.2%

SPY

+76.5%

Annualised alpha

-6.8%

Max drawdown

−18.1%

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

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

Top Position

20.8%

+0.2 pts

Top 5

46.5%

−0.3 pts

Top 10

57.1%

−0.1 pts

HHI

671

Diversified+12

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	32.1%	$211,683,241	5
Technology	21.9%	$144,570,445	42
Financial Services	9.9%	$65,412,820	36
Industrials	9.0%	$59,342,878	42
Healthcare	7.3%	$48,477,904	32
Consumer Cyclical	6.4%	$42,349,006	16
Consumer Defensive	5.4%	$35,922,877	13
Energy	2.8%	$18,261,929	16
Communication Services	2.1%	$13,908,872	8
Utilities	1.7%	$11,203,727	14
Basic Materials	0.8%	$5,184,364	5
Real Estate	0.6%	$4,100,970	4

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
IBRX	ImmunityBio, Inc.	+21,340	62,285	$477,725
WMT	Walmart Inc.	+2,763	13,817	$1,717,176
BAC	Bank Of America Corp /De/	+2,633	12,296	$599,430
INTC	Intel Corp	+2,343	36,319	$1,602,757
UBER	Uber Technologies, Inc	+2,026	10,157	$730,592
BTC	Grayscale Bitcoin Mini Trust ETF	+1,376	4,880	$146,351
TSLA	Tesla, Inc.	+1,144	3,734	$1,388,114
MRK	Merck & Co., Inc.	+1,120	5,493	$660,752
BRK-B	Berkshire Hathaway Inc	+1,036	6,443	$3,087,485
AVGO	Broadcom Inc.	+885	5,376	$1,663,924
PLTR	Palantir Technologies Inc.	+675	1,519	$222,199
ABBV	AbbVie Inc.	+589	6,730	$1,463,707
MU	Micron Technology Inc	+589	1,026	$346,623
V	Visa Inc.	+588	14,976	$4,526,345
MS	Morgan Stanley	+527	7,402	$1,218,146
LRCX	Lam Research Corp	+499	1,087	$232,248
GE	General Electric Co	+447	5,721	$1,623,448
PM	Philip Morris International Inc.	+424	5,934	$981,126
AMAT	Applied Materials Inc /De	+358	1,452	$496,278
AAPL	Apple Inc.	+325	128,289	$32,558,464
TXN	Texas Instruments Inc	+304	1,014	$196,857
PFG	Principal Financial Group Inc	+253	1,854	$167,063
AMGN	Amgen Inc	+242	1,211	$426,089
LLY	ELI LILLY & Co	+242	3,419	$3,144,693
UNH	Unitedhealth Group Inc	+151	889	$240,554
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CATX	Perspective Therapeutics, Inc.	−66,000	872,200	$3,637,074
FAST	Fastenal Co	−15,544	337,690	$15,668,816
CMG	Chipotle Mexican Grill Inc	−13,512	46,971	$1,503,541
PFE	Pfizer Inc	−12,926	29,104	$817,239
MDLZ	Mondelez International, Inc.	−8,955	25,262	$1,456,101
GSK	GSK plc	−8,561	20,139	$1,111,471
SLB	Slb Limited/Nv	−6,181	24,480	$1,258,026
NVDA	Nvidia Corp	−5,718	226,736	$39,542,757
PYPL	PayPal Holdings, Inc.	−5,534	7,090	$320,680
BMY	Bristol Myers Squibb Co	−5,496	18,563	$1,125,845
ABT	Abbott Laboratories	−5,327	35,816	$3,677,228
NKE	NIKE, Inc.	−5,124	35,403	$1,869,985
CVS	CVS HEALTH Corp	−5,036	45,751	$3,285,835
ZBH	Zimmer Biomet Holdings, Inc.	−4,472	3,540	$320,085
CRM	Salesforce, Inc.	−4,385	12,319	$2,299,586
MSFT	Microsoft Corp	−3,663	70,639	$26,148,438
ADBE	Adobe Inc.	−3,501	489	$118,866
AMT	American Tower Corp /Ma/	−3,335	11,522	$1,988,466
NEE	Nextera Energy Inc	−3,150	19,048	$1,769,178
AMZN	Amazon Com Inc	−2,989	65,894	$13,723,742
CARR	CARRIER GLOBAL Corp	−2,935	2,590	$145,842
SPY	Spdr S&P 500 ETF Trust	−2,873	211,370	$137,462,365
VLTO	Veralto Corp	−2,806	10,978	$970,674
CSCO	Cisco Systems, Inc.	−2,670	50,838	$3,944,520
KKR	KKR & Co. Inc.	−2,274	1,293	$119,602
No positions match the current search.

New Positions

Positions the filer opened this quarter

14 positions

Ticker	Company	Shares	Value
WAT	Waters Corp /De/	925	$275,464
TMUS	T-Mobile US, Inc.	1,259	$264,427
GS	Goldman Sachs Group Inc	226	$191,193
NIC	Nicolet Bankshares Inc	1,132	$168,237
CNH	CNH Industrial N.V.	14,040	$154,440
Q	Qnity Electronics, Inc.	1,331	$153,570
STNG	Scorpio Tankers Inc.	1,827	$136,403
BE	Bloom Energy Corp	1,000	$135,490
MPC	Marathon Petroleum Corp	460	$112,322
GILD	Gilead Sciences, Inc.	795	$110,799
TGT	Target Corp	912	$110,534
DRI	Darden Restaurants Inc	537	$105,273
NVMI	Nova Ltd.	242	$105,095
NE	Noble Corp plc	2,124	$104,224
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
WST	West Pharmaceutical Services Inc	835	$229,741
ENB	Enbridge Inc	4,264	$203,947
FBTC	Fidelity Wise Origin Bitcoin Fund	1,785	$136,070
UPS	United Parcel Service Inc	1,214	$120,416
CCI	Crown Castle Inc.	1,350	$119,974
KMB	Kimberly Clark Corp	1,055	$106,438
STT	State Street Corp	816	$105,272
B	Barrick Mining Corp	2,417	$105,260
GIS	General Mills Inc	2,210	$102,765
HROW	Harrow, Inc.	2,079	$101,871
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

233 positions · $660,419,033 total · as of Mar 31, 2026

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

Showing 1–50 of 233 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	211,370	-2,873	$137,462,365	−5.9%	20.81%
MDY	Spdr S&P Midcap 400 ETF Trust	Reduced	115,410	-2,176	$71,180,271	+0.3%	10.78%
NVDA	Nvidia Corp Technology	Reduced	226,736	-5,718	$39,542,757	−8.8%	5.99%
AAPL	Apple Inc. Technology	Added	128,289	+325	$32,558,464	−6.4%	4.93%
MSFT	Microsoft Corp Technology	Reduced	70,639	-3,663	$26,148,438	−27.2%	3.96%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	53,781	-1,992	$15,820,218	−12.0%	2.40%
FAST	Fastenal Co Industrials	Reduced	337,690	-15,544	$15,668,816	+10.5%	2.37%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	104,803	-1,658	$15,137,745	−0.8%	2.29%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	65,894	-2,989	$13,723,742	−13.7%	2.08%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	29,707	-669	$9,770,334	−6.5%	1.48%
JNJ	Johnson & Johnson Healthcare	Reduced	33,869	-229	$8,278,937	+17.3%	1.25%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	8,045	-446	$8,016,279	+9.5%	1.21%
MA	Mastercard Inc Financial Services	Reduced	15,947	-1,157	$7,968,077	−18.4%	1.21%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	47,757	-2,060	$7,511,220	−6.9%	1.14%
META	Meta Platforms, Inc. Communication Services	Reduced	12,974	-492	$7,422,813	−16.5%	1.12%
XOM	Exxon Mobil Corp Energy	Reduced	43,231	-704	$7,334,571	+38.7%	1.11%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	20,027	-226	$6,224,191	+0.6%	0.94%
KLAC	Kla Corp Technology	Added	4,087	+35	$6,017,739	+22.2%	0.91%
ITW	Illinois Tool Works Inc Industrials	Reduced	23,046	-416	$5,998,642	+3.8%	0.91%
PANW	Palo Alto Networks Inc Technology	Reduced	37,361	-1,861	$5,989,715	−17.1%	0.91%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Reduced	35,416	-2,006	$5,655,934	−1.6%	0.86%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	10,747	-116	$5,282,472	−16.1%	0.80%
ORCL	Oracle Corp Technology	Reduced	35,000	-1,750	$5,148,849	−28.1%	0.78%
LNT	Alliant Energy Corp Utilities	Reduced	71,717	-262	$5,146,411	+10.0%	0.78%
CVX	Chevron Corp Energy	Reduced	23,327	-853	$4,826,356	+31.0%	0.73%
PEP	Pepsico Inc Consumer Defensive	Reduced	30,057	-476	$4,667,551	+6.5%	0.71%
V	Visa Inc. Financial Services	Added	14,976	+588	$4,526,345	−10.3%	0.69%
DE	Deere & Co Industrials	Reduced	7,171	-33	$4,039,423	+20.4%	0.61%
CSCO	Cisco Systems, Inc. Technology	Reduced	50,838	-2,670	$3,944,520	−4.3%	0.60%
ABT	Abbott Laboratories Healthcare	Reduced	35,816	-5,327	$3,677,228	−28.7%	0.56%
CATX	Perspective Therapeutics, Inc. Healthcare	Reduced	872,200	-66,000	$3,637,074	+41.0%	0.55%
CVS	CVS HEALTH Corp Healthcare	Reduced	45,751	-5,036	$3,285,835	−18.5%	0.50%
DHR	Danaher Corp /De/ Healthcare	Reduced	17,113	-514	$3,244,624	−19.6%	0.49%
NSC	Norfolk Southern Corp Industrials	Reduced	11,034	-1,387	$3,166,758	−11.7%	0.48%
LLY	ELI LILLY & Co Healthcare	Added	3,419	+242	$3,144,693	−7.9%	0.48%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	6,443	+1,036	$3,087,485	+13.6%	0.47%
KO	Coca Cola Co Consumer Defensive	Reduced	37,836	-1,932	$2,877,427	+3.5%	0.44%
CBOE	Cboe Global Markets, Inc. Financial Services	Held	10,133	0	$2,848,082	+12.0%	0.43%
GWW	W.W. Grainger, Inc. Industrials	Reduced	2,535	-31	$2,765,203	+6.8%	0.42%
USB	US Bancorp De Financial Services	Reduced	50,655	-87	$2,634,566	−2.7%	0.40%
ISRG	Intuitive Surgical Inc Healthcare	Added	5,304	+149	$2,445,090	−16.3%	0.37%
ADI	Analog Devices Inc Technology	Reduced	7,354	-1,019	$2,339,601	+3.0%	0.35%
CRM	Salesforce, Inc. Technology	Reduced	12,319	-4,385	$2,299,586	−48.0%	0.35%
IBM	International Business Machines Corp Technology	Reduced	9,414	-442	$2,281,858	−21.8%	0.35%
FISV	Fiserv Inc	Reduced	39,218	-2,226	$2,188,363	−21.4%	0.33%
EMR	Emerson Electric Co Industrials	Reduced	16,086	-1,164	$2,107,587	−7.9%	0.32%
COR	Cencora, Inc. Healthcare	Reduced	6,679	-786	$2,098,141	−16.8%	0.32%
GD	General Dynamics Corp Industrials	Reduced	6,006	-594	$2,061,379	−7.2%	0.31%
DIS	Walt Disney Co Communication Services	Reduced	21,207	-2,264	$2,043,930	−23.5%	0.31%
AMD	Advanced Micro Devices Inc Technology	Reduced	9,886	-1,141	$2,011,108	−14.8%	0.30%