First Bank & Trust

Bank

CIK

1692632

Location

BROOKINGS, SD

Portfolio Value

Small $322,465,219

Diversification

Diversified

Filing Date

Global Rank

#3,003 / 8,232 ▲ 140

Top Industry

Drug Manufacturers - General 10.1%

3Y Alpha vs SPY

-5.2%

Period ended 2 months ago

Filed Apr 10, 2026 · 2mo

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

+54.9%

SPY

+76.5%

Annualised alpha

-5.1%

Max drawdown

−15.4%

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

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

Top Position

4.9%

−0.2 pts

Top 5

17.7%

+1.0 pts

Top 10

27.6%

+2.1 pts

HHI

145

Diversified+9

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	20.3%	$65,544,911	34
Financial Services	15.0%	$48,256,187	38
Healthcare	12.5%	$40,294,320	29
Energy	10.2%	$33,016,392	10
Utilities	9.3%	$29,881,017	13
Consumer Defensive	8.8%	$28,410,012	14
Communication Services	6.1%	$19,767,305	7
Industrials	5.9%	$19,083,665	39
Consumer Cyclical	4.8%	$15,495,179	14
Basic Materials	2.7%	$8,615,660	2
Real Estate	2.7%	$8,566,368	5
Unclassified	1.7%	$5,534,203	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
PFE	Pfizer Inc	+73,242	257,382	$7,227,286
NVDA	Nvidia Corp	+29,032	70,313	$12,262,586
AVTR	Avantor, Inc.	+12,201	32,719	$256,516
GOOGL	Alphabet Inc.	+10,446	19,535	$5,617,484
PAYX	Paychex Inc	+9,312	16,730	$1,541,167
AAPL	Apple Inc.	+7,912	62,479	$15,856,545
USB	US Bancorp De	+7,194	89,199	$4,639,239
UL	Unilever PLC	+7,133	25,985	$1,480,365
FE	Firstenergy Corp	+6,870	37,093	$1,879,131
WEC	Wec Energy Group, Inc.	+6,634	10,434	$1,207,943
UTZ	Utz Brands, Inc.	+5,713	23,699	$187,695
MRK	Merck & Co., Inc.	+4,557	10,559	$1,270,141
AS	Amer Sports, Inc.	+4,075	17,203	$566,322
TFC	Truist Financial Corp	+4,022	66,018	$3,034,847
BTI	British American Tobacco p.l.c.	+3,540	73,272	$4,284,213
CARR	CARRIER GLOBAL Corp	+3,372	9,680	$545,080
TTE	TotalEnergies SE	+3,254	77,709	$7,069,964
ENB	Enbridge Inc	+3,135	96,209	$5,208,754
KKR	KKR & Co. Inc.	+2,533	10,124	$936,470
PEP	Pepsico Inc	+2,496	19,261	$2,991,040
CME	Cme Group Inc.	+2,447	7,299	$2,155,758
SU	Suncor Energy Inc	+2,347	13,914	$919,854
MO	Altria Group, Inc.	+2,121	15,868	$1,047,128
BAC	Bank Of America Corp /De/	+1,931	11,936	$581,880
EW	Edwards Lifesciences Corp	+1,865	7,680	$615,014
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
DAKT	Daktronics Inc /Sd/	−237,999	148,029	$2,893,966
KOPN	Kopin Corp	−35,962	10,341	$23,267
UBER	Uber Technologies, Inc	−17,952	18,007	$1,295,243
VLTO	Veralto Corp	−11,313	2,727	$241,121
NOW	ServiceNow, Inc.	−11,005	8,796	$919,620
MRVL	Marvell Technology, Inc.	−10,522	13,914	$1,378,180
T	At&T Inc.	−9,865	62,950	$1,824,919
NFLX	Netflix Inc	−9,066	12,971	$1,247,161
GILD	Gilead Sciences, Inc.	−8,572	28,009	$3,903,613
GSK	GSK plc	−8,562	47,771	$2,636,481
GNRC	Generac Holdings Inc.	−7,106	3,569	$697,132
HBAN	Huntington Bancshares Inc /Md/	−4,975	186,904	$2,925,046
ADSK	Autodesk, Inc.	−4,510	3,864	$925,041
SO	Southern Co	−4,276	39,043	$3,768,429
AMZN	Amazon Com Inc	−3,888	23,178	$4,827,281
SCHW	Schwab Charles Corp	−3,650	6,124	$575,533
JNJ	Johnson & Johnson	−3,217	13,850	$3,385,493
DDOG	Datadog, Inc.	−3,097	6,928	$817,850
DHR	Danaher Corp /De/	−2,984	1,626	$308,289
ISRG	Intuitive Surgical Inc	−2,558	3,430	$1,581,195
PGR	Progressive Corp/Oh/	−2,458	8,702	$1,725,083
WST	West Pharmaceutical Services Inc	−2,368	1,829	$458,420
CTAS	Cintas Corp	−2,050	13,188	$2,230,617
HLT	Hilton Worldwide Holdings Inc.	−2,026	8,338	$2,535,418
WMB	Williams Companies, Inc.	−1,861	55,023	$4,004,573
No positions match the current search.

New Positions

Positions the filer opened this quarter

20 positions

Ticker	Company	Shares	Value
AMT	American Tower Corp /Ma/	9,169	$1,582,385
AMCR	Amcor plc	32,973	$1,310,676
TSLA	Tesla, Inc.	2,796	$1,039,413
MDLZ	Mondelez International, Inc.	9,560	$551,038
PLTR	Palantir Technologies Inc.	3,714	$543,283
MU	Micron Technology Inc	1,259	$425,340
SPOT	Spotify Technology S.A.	785	$380,653
USFD	US Foods Holding Corp.	3,890	$358,696
ODFL	Old Dominion Freight Line, Inc.	1,486	$290,364
ALGN	Align Technology Inc	1,523	$261,087
AMAT	Applied Materials Inc /De	745	$254,633
AROC	Archrock, Inc.	7,129	$248,089
KIM	Kimco Realty Corp	10,303	$231,508
CNI	Canadian National Railway Co	2,231	$229,279
GD	General Dynamics Corp	665	$228,240
TRGP	Targa Resources Corp.	908	$227,662
TTAN	ServiceTitan, Inc.	3,564	$226,171
MYRG	Myr Group Inc.	760	$214,563
PFG	Principal Financial Group Inc	2,282	$205,631
NOMD	Nomad Foods Ltd	11,856	$113,936
No positions match the current search.

Sold Out

Positions the filer fully exited

24 positions

Ticker	Company	Shares	Value
IOT	Samsara Inc.	40,446	$1,433,810
CSGP	Costar Group, Inc.	20,028	$1,346,682
FICO	Fair Isaac Corp	778	$1,315,302
CDNS	Cadence Design Systems Inc	3,174	$992,128
DKNG	DraftKings Inc.	24,265	$836,171
VEEV	Veeva Systems Inc	3,392	$757,196
DEO	Diageo PLC	8,299	$715,954
TTD	Trade Desk, Inc.	14,619	$554,936
TMUS	T-Mobile US, Inc.	2,474	$502,320
CWST	Casella Waste Systems Inc	3,173	$310,763
PI	Impinj Inc	1,712	$297,905
ROP	Roper Technologies Inc	659	$293,339
SMCI	Super Micro Computer, Inc.	8,969	$262,522
DIS	Walt Disney Co	2,214	$251,886
ARM	Arm Holdings PLC /Uk	2,116	$231,299
SBUX	Starbucks Corp	2,730	$229,893
PEGA	Pegasystems Inc	3,751	$224,009
CWAN	Clearwater Analytics Holdings, Inc.	9,227	$222,555
PSN	Parsons Corp	3,561	$220,069
MTH	Meritage Homes CORP	3,144	$206,874
BNY	Bank of New York Mellon Corp	1,733	$201,183
SF	Stifel Financial Corp	1,732	$144,587
AWF	Alliancebernstein Global High Income Fund Inc	12,287	$131,348
STKL	SunOpta Inc.	20,668	$78,537
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

209 positions · $322,465,219 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 209 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	62,479	+7,912	$15,856,545	+6.9%	4.92%
MSFT	Microsoft Corp Technology	Reduced	33,982	-580	$12,579,116	−24.7%	3.90%
NVDA	Nvidia Corp Technology	Added	70,313	+29,032	$12,262,586	+59.3%	3.80%
GEVO	Gevo, Inc. Basic Materials	Held	3,064,948	0	$8,367,308	+36.5%	2.59%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	7,916	-866	$7,887,739	+4.2%	2.45%
PFE	Pfizer Inc Healthcare	Added	257,382	+73,242	$7,227,286	+57.6%	2.24%
TTE	TotalEnergies SE Energy	Added	77,709	+3,254	$7,069,964	+45.1%	2.19%
META	Meta Platforms, Inc. Communication Services	Added	11,028	+1,022	$6,309,448	−4.5%	1.96%
XOM	Exxon Mobil Corp Energy	Reduced	34,149	-624	$5,793,719	+38.5%	1.80%
GOOGL	Alphabet Inc. Communication Services	Added	19,535	+10,446	$5,617,484	+97.5%	1.74%
ENB	Enbridge Inc Energy	Added	96,209	+3,135	$5,208,754	+17.0%	1.62%
PM	Philip Morris International Inc. Consumer Defensive	Added	31,332	+909	$5,180,432	+6.2%	1.61%
CVX	Chevron Corp Energy	Added	24,200	+836	$5,006,979	+40.6%	1.55%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	23,178	-3,888	$4,827,281	−22.7%	1.50%
DUK	Duke Energy CORP Utilities	Reduced	36,237	-745	$4,744,872	+9.5%	1.47%
USB	US Bancorp De Financial Services	Added	89,199	+7,194	$4,639,239	+6.0%	1.44%
AMGN	Amgen Inc Healthcare	Added	13,027	+98	$4,583,549	+8.3%	1.42%
NGG	National Grid PLC Utilities	Reduced	53,949	-313	$4,564,085	+8.7%	1.42%
XEL	Xcel Energy Inc Utilities	Added	56,808	+290	$4,512,827	+8.1%	1.40%
ABBV	AbbVie Inc. Healthcare	Reduced	20,127	-287	$4,377,420	−6.2%	1.36%
PNC	Pnc Financial Services Group, Inc. Financial Services	Added	20,772	+901	$4,322,444	+4.2%	1.34%
BTI	British American Tobacco p.l.c. Consumer Defensive	Added	73,272	+3,540	$4,284,213	+8.5%	1.33%
VZ	Verizon Communications Inc Communication Services	Reduced	82,038	-1,126	$4,118,307	+21.6%	1.28%
WMB	Williams Companies, Inc. Energy	Reduced	55,023	-1,861	$4,004,573	+17.1%	1.24%
GILD	Gilead Sciences, Inc. Healthcare	Reduced	28,009	-8,572	$3,903,613	−13.1%	1.21%
GLD	Spdr Gold Trust	Held	8,940	0	$3,846,792	+8.6%	1.19%
SO	Southern Co Utilities	Reduced	39,043	-4,276	$3,768,429	−0.2%	1.17%
TRP	Tc Energy Corp Energy	Added	59,983	+841	$3,754,935	+15.4%	1.16%
MA	Mastercard Inc Financial Services	Reduced	7,255	-467	$3,625,032	−17.8%	1.12%
PLD	Prologis, Inc. Real Estate	Added	27,263	+939	$3,603,622	+7.2%	1.12%
JNJ	Johnson & Johnson Healthcare	Reduced	13,850	-3,217	$3,385,493	−4.1%	1.05%
SNY	Sanofi Healthcare	Reduced	67,996	-653	$3,276,046	−1.5%	1.02%
AEP	American Electric Power Co Inc Utilities	Reduced	24,698	-1,519	$3,237,413	+7.1%	1.00%
TFC	Truist Financial Corp Financial Services	Added	66,018	+4,022	$3,034,847	−0.5%	0.94%
PEP	Pepsico Inc Consumer Defensive	Added	19,261	+2,496	$2,991,040	+24.3%	0.93%
HBAN	Huntington Bancshares Inc /Md/ Financial Services	Reduced	186,904	-4,975	$2,925,046	−12.1%	0.91%
DAKT	Daktronics Inc /Sd/ Technology	Reduced	148,029	-237,999	$2,893,966	−62.1%	0.90%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	9,618	-846	$2,829,230	−16.1%	0.88%
AVGO	Broadcom Inc. Technology	Reduced	8,958	-31	$2,772,589	−10.9%	0.86%
GSK	GSK plc Healthcare	Reduced	47,771	-8,562	$2,636,481	−4.6%	0.82%
HLT	Hilton Worldwide Holdings Inc. Consumer Cyclical	Reduced	8,338	-2,026	$2,535,418	−14.8%	0.79%
O	Realty Income Corp Real Estate	Added	41,008	+639	$2,508,869	+10.3%	0.78%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	5,153	+640	$2,469,317	+8.9%	0.77%
ETR	Entergy Corp /De/ Utilities	Reduced	21,686	-998	$2,436,638	+16.2%	0.76%
BMO	Bank Of Montreal /Can/ Financial Services	Added	17,295	+160	$2,340,704	+5.2%	0.73%
CTAS	Cintas Corp Industrials	Reduced	13,188	-2,050	$2,230,617	−22.2%	0.69%
CME	Cme Group Inc. Financial Services	Added	7,299	+2,447	$2,155,758	+62.7%	0.67%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	5,975	+1,363	$2,019,251	+44.1%	0.63%
KO	Coca Cola Co Consumer Defensive	Added	24,870	+128	$1,891,363	+9.3%	0.59%
FE	Firstenergy Corp Utilities	Added	37,093	+6,870	$1,879,131	+38.9%	0.58%