Hoese & Co LLP

CIK

1840268

Location

GLENCOE, MN

Portfolio Value

Micro $11,783,064

Diversification

Diversified

Filing Date

Global Rank

#7,678 / 8,232 ▲ 179

Top Industry

Drug Manufacturers - General 13.0%

3Y Alpha vs SPY

-3.9%

Period ended 2 months ago

Filed Apr 22, 2026 · 53d

22 quarters · since Dec 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

+59.6%

SPY

+76.3%

Annualised alpha

-3.9%

Max drawdown

−16.5%

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

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

Top Position

19.1%

−2.1 pts

Top 5

35.9%

−2.4 pts

Top 10

48.8%

−1.9 pts

HHI

530

Diversified−83

Portfolio Trend

22 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Unclassified	22.4%	$2,640,478	4
Healthcare	16.6%	$1,956,653	12
Technology	15.5%	$1,821,349	13
Financial Services	12.9%	$1,524,229	13
Industrials	9.4%	$1,111,708	13
Consumer Defensive	7.4%	$867,695	10
Consumer Cyclical	4.4%	$516,355	5
Utilities	4.1%	$484,616	4
Basic Materials	2.9%	$341,399	6
Energy	1.9%	$220,379	2
Communication Services	1.3%	$157,813	4
Real Estate	1.2%	$140,390	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
MSFT	Microsoft Corp	+100	1,331	$492,695
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
TTC	Toro Co	−565	808	$75,499
VZ	Verizon Communications Inc	−565	710	$35,642
MDT	Medtronic plc	−500	1,884	$163,248
SPY	Spdr S&P 500 ETF Trust	−495	3,466	$2,254,078
JPM	Jpmorgan Chase & Co	−400	910	$267,685
TGT	Target Corp	−150	650	$78,780
UNH	Unitedhealth Group Inc	−105	745	$201,589
AVGO	Broadcom Inc.	−26	170	$52,616
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
VSNT	Versant Media Group, Inc.	120	$4,442
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
ACN	Accenture plc	180	$48,294
BXMX	Nuveen S&P 500 BuyWrite Income Fund	875	$12,862
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

88 positions · $11,783,064 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 88 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
SPY	Spdr S&P 500 ETF Trust	Reduced	3,466	-495	$2,254,078	−16.5%	19.13%
AAPL	Apple Inc. Technology	Held	2,602	0	$660,361	−6.6%	5.60%
MSFT	Microsoft Corp Technology	Added	1,331	+100	$492,695	−17.2%	4.18%
USB	US Bancorp De Financial Services	Held	8,180	0	$425,441	−2.5%	3.61%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Held	2,500	0	$399,250	+4.0%	3.39%
MRK	Merck & Co., Inc. Healthcare	Held	3,202	0	$385,168	+14.3%	3.27%
JNJ	Johnson & Johnson Healthcare	Held	1,445	0	$353,215	+18.1%	3.00%
XEL	Xcel Energy Inc Utilities	Held	3,500	0	$278,040	+7.6%	2.36%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	910	-400	$267,685	−36.6%	2.27%
GGG	Graco Inc Industrials	Held	2,700	0	$228,555	+3.3%	1.94%
C	Citigroup Inc Financial Services	Held	2,000	0	$226,820	−2.8%	1.92%
ABT	Abbott Laboratories Healthcare	Held	2,150	0	$220,740	−18.1%	1.87%
XOM	Exxon Mobil Corp Energy	Held	1,277	0	$216,655	+41.0%	1.84%
NVDA	Nvidia Corp Technology	Held	1,220	0	$212,768	−6.5%	1.81%
UNH	Unitedhealth Group Inc Healthcare	Reduced	745	-105	$201,589	−28.2%	1.71%
ABBV	AbbVie Inc. Healthcare	Held	900	0	$195,741	−4.8%	1.66%
BAC	Bank Of America Corp /De/ Financial Services	Held	3,985	0	$194,268	−11.4%	1.65%
QQQ	Invesco Qqq Trust, Series 1	Held	324	0	$187,006	−6.0%	1.59%
MDY	Spdr S&P Midcap 400 ETF Trust	Held	290	0	$178,860	+2.2%	1.52%
MDT	Medtronic plc Healthcare	Reduced	1,884	-500	$163,248	−28.7%	1.39%
MMM	3M Co Industrials	Held	1,100	0	$159,753	−9.3%	1.36%
ECL	Ecolab Inc. Basic Materials	Held	600	0	$159,612	+1.3%	1.35%
EMR	Emerson Electric Co Industrials	Held	1,215	0	$159,189	−1.3%	1.35%
PEP	Pepsico Inc Consumer Defensive	Held	1,000	0	$155,290	+8.2%	1.32%
PG	PROCTER & GAMBLE Co Consumer Defensive	Held	1,050	0	$151,662	+0.8%	1.29%
PFE	Pfizer Inc Healthcare	Held	5,000	0	$140,400	+12.8%	1.19%
SYY	Sysco Corp Consumer Defensive	Held	1,824	0	$130,105	−3.2%	1.10%
BSX	Boston Scientific Corp Healthcare	Held	2,000	0	$125,500	−34.2%	1.07%
O	Realty Income Corp Real Estate	Held	2,000	0	$122,360	+8.5%	1.04%
LNT	Alliant Energy Corp Utilities	Held	1,675	0	$120,198	+10.4%	1.02%
HON	Honeywell International Inc Industrials	Held	500	0	$113,015	+15.9%	0.96%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Held	333	0	$112,537	+11.2%	0.96%
HD	Home Depot, Inc. Consumer Cyclical	Held	327	0	$107,547	−4.4%	0.91%
FIBK	First Interstate Bancsystem Inc Financial Services	Held	3,000	0	$100,200	−3.5%	0.85%
MO	Altria Group, Inc. Consumer Defensive	Held	1,500	0	$98,985	+14.4%	0.84%
LFUS	Littelfuse Inc /De Technology	Held	282	0	$95,696	+34.2%	0.81%
PNR	PENTAIR plc Industrials	Held	1,000	0	$87,110	−16.4%	0.74%
CMCSA	Comcast Corp Communication Services	Held	3,000	0	$86,130	+2.5%	0.73%
NVT	nVent Electric plc Industrials	Held	724	0	$85,634	+16.0%	0.73%
ROK	Rockwell Automation, Inc Industrials	Held	225	0	$80,748	−7.8%	0.69%
TGT	Target Corp Consumer Defensive	Reduced	650	-150	$78,780	+0.7%	0.67%
HWKN	Hawkins Inc Basic Materials	Held	510	0	$78,336	+8.1%	0.66%
TTC	Toro Co Industrials	Reduced	808	-565	$75,499	−30.1%	0.64%
V	Visa Inc. Financial Services	Held	225	0	$68,004	−13.8%	0.58%
HRL	Hormel Foods Corp /De/ Consumer Defensive	Held	3,000	0	$67,950	−4.4%	0.58%
AEP	American Electric Power Co Inc Utilities	Held	500	0	$65,540	+13.7%	0.56%
ENTG	Entegris Inc Technology	Held	550	0	$64,482	+39.2%	0.55%
TXN	Texas Instruments Inc Technology	Held	310	0	$60,183	+11.9%	0.51%
LLY	ELI LILLY & Co Healthcare	Held	65	0	$59,784	−14.4%	0.51%
MDLZ	Mondelez International, Inc. Consumer Defensive	Held	1,000	0	$57,640	+7.1%	0.49%