American State Bank (Iowa)

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 14, 2026), American State Bank (Iowa) reported 122 stock positions worth $149.1 million. Its top holding was Nvidia (NVDA) at 7.3% of the portfolio, followed by iShares Russell 1000 Growth (IWF, 5.3%) and Invesco QQQ Trust Series 1 (QQQ, 4.6%). Compared with Q4 2023, it sold out of 213, added to 16 and reduced 76. The biggest buy was iShares Core High Dividend E (HDV, shares +4%) and the biggest sale Boeing (BA, shares −6%).

Most Recent 13F
Q2 2026
Location
SIOUX CENTER, IA
CIK
0002122473
Portfolio Value
$149.1M (Q1 2024)
SEC Filing
0002122473-26-000015 ↗ filed Apr 14, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $149.1M $149.1M Q1 2024 Q2 2024: $156.2M Q2 2024 Q3 2024: $164.7M Q3 2024 Q4 2024: $165.9M Q4 2024 Q1 2025: $165.9M Q1 2025 Q2 2025: $180.6M Q2 2025 Q3 2025: $196.3M Q3 2025 Q4 2025: $208.0M Q4 2025 Q1 2026: $208.2M Q1 2026 Q2 2026: $246.5M Q2 2026

Holdings 122 stocks · $149.1M
NVDA Nvidia Corp. 7.32% 12,082 $10.9M Reduce -7.5%
IWF iShares Russell 1000 Growth 5.34% 23,605 $8.0M Reduce -7.0%
QQQ Invesco QQQ Trust Series 1 4.60% 15,453 $6.9M No change
IWD iShares Russell 1000 Value E 4.45% 37,048 $6.6M Reduce -3.3%
MSFT Microsoft Corp. 3.88% 13,763 $5.8M Reduce -4.7%
AGG iShares Core U.S. Aggregate 3.14% 47,733 $4.7M Add +2.8%
HDV iShares Core High Dividend E 2.70% 36,527 $4.0M Add +3.5%
SPY SS SPDR S&P 500 ETF Trust-US 2.26% 6,450 $3.4M No change
AAPL Apple Inc. 1.86% 16,208 $2.8M Reduce -8.3%
WM Waste Management Inc. 1.77% 12,384 $2.6M Reduce -8.8%
IJR iShares Core S&P Small-Cap E 1.59% 21,451 $2.4M Add +3.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.54% 60,654 $2.3M Reduce -8.7%
INTC Intel Corp. 1.51% 50,919 $2.2M Reduce -10.0%
USRT iShares Core US REIT ETF 1.48% 40,934 $2.2M Add +1.1%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.33% 4,992 $2.0M No change
SPGI S&P Global Inc. 1.31% 4,588 $2.0M Reduce -9.8%
AMAT Applied Materials Inc. 1.23% 8,874 $1.8M Reduce -14.9%
AMGN Amgen Inc. 1.21% 6,356 $1.8M Reduce -13.3%
JNJ Johnson & Johnson 1.20% 11,290 $1.8M Reduce -9.6%
BA The Boeing Co. 1.12% 8,648 $1.7M Reduce -6.3%
HIG Hartford Insurance Group Inc. 1.10% 15,842 $1.6M Reduce -9.8%
JPM JPMorgan Chase & Co. 1.06% 7,907 $1.6M Reduce -8.8%
GE General Electric 1.03% 8,758 $1.5M Reduce -16.3%
GD General Dynamics Corp. 1.02% 5,358 $1.5M Reduce -10.2%
PG The Procter & Gamble Co. 1.00% 9,220 $1.5M Reduce -9.4%
CSCO Cisco Systems Inc. 0.95% 28,426 $1.4M Reduce -8.8%
ED Consolidated Edison Inc. 0.95% 15,619 $1.4M Reduce -7.8%
WMT Walmart Inc. 0.95% 23,543 $1.4M Reduce -10.2%
VIG Vanguard Dividend Apprec ETF 0.93% 7,558 $1.4M No change
IWO iShares Russell 2000 Growth 0.92% 5,053 $1.4M Reduce -15.5%
C Citigroup Inc. 0.91% 21,494 $1.4M Reduce -11.7%
XOM Exxon Mobil Corp. 0.88% 11,277 $1.3M Reduce -7.8%
ADBE Adobe Inc. 0.86% 2,533 $1.3M Reduce -11.4%
CI The Cigna Group 0.86% 3,511 $1.3M No change
IEMG iShares Core MSCI Emerging 0.83% 24,020 $1.2M Reduce -0.4%
IUSV iShares Core S&P U.S. Value 0.82% 13,585 $1.2M Add +0.6%
IUSG iShares Core S&P U.S. Growth 0.80% 10,179 $1.2M Add +0.6%
LRCX Lam Research Corp. 0.78% 1,200 $1.2M No change
AMZN Amazon.com Inc. 0.77% 6,376 $1.2M Reduce -21.6%
RTX RTX Corp. 0.75% 11,533 $1.1M Reduce -11.0%
IEFA iShares Core MSCI Eafe ETF 0.75% 15,154 $1.1M Add +5.3%
WFC Wells Fargo & Co. 0.75% 19,204 $1.1M Reduce -8.5%
CVX Chevron Corp. 0.75% 7,043 $1.1M Reduce -4.6%
MCD McDonald's Corp. 0.72% 3,822 $1.1M Reduce -13.2%
SDY SS SPDR S&P Dividend ETF 0.70% 7,957 $1.0M No change
T AT&T Inc. 0.69% 58,732 $1.0M Reduce -11.1%
PLD Prologis Inc. 0.67% 7,635 $994K No change
AVGO Broadcom Inc. 0.66% 739 $979K Reduce -26.6%
PEP Pepsico Inc. 0.65% 5,566 $974K Reduce -12.8%
VZ Verizon Communications Inc. 0.65% 23,087 $969K Reduce -7.8%
DOW Dow Inc. 0.64% 16,463 $954K Reduce -11.8%
QCOM Qualcomm Inc. 0.63% 5,526 $936K Reduce -20.0%
EFG iShares MSCI Eafe Growth ETF 0.62% 8,931 $927K No change
EFV iShares MSCI Eafe Value ETF 0.61% 16,727 $910K Reduce -4.1%
GS Goldman Sachs Group Inc. 0.61% 2,174 $908K Reduce -12.8%
GOOG Alphabet Inc. Class C 0.60% 5,871 $894K Reduce -19.9%
COST Costco Wholesale Corp. 0.57% 1,168 $856K Reduce -26.0%
NFLX Netflix Inc. 0.55% 1,338 $813K Reduce -31.1%
IWN iShares Russell 2000 Value E 0.53% 5,015 $796K No change
UNP Union Pacific Corp. 0.53% 3,219 $792K Reduce -17.6%
WEC WEC Energy Group Inc. 0.53% 9,584 $787K Reduce -2.8%
ROST Ross Stores Inc. 0.52% 5,278 $775K Reduce -20.1%
ABBV Abbvie Inc. 0.50% 4,108 $748K Reduce -17.9%
GILD Gilead Sciences Inc. 0.50% 10,144 $743K Reduce -11.1%
V Visa Inc. Class A 0.48% 2,576 $719K Reduce -22.9%
DELL Dell Technologies -C 0.48% 6,231 $711K No change
IBB iShares Biotechnology ETF 0.47% 5,082 $697K No change
DGRO iShares Core Dividend Growth 0.46% 11,934 $693K Add +9.1%
IJH iShares Core S&P Midcap ETF 0.46% 11,336 $689K Add +0.5%
STX Seagate Technology Holdings 0.46% 7,310 $680K Add +0.1%
HD Home Depot Inc. 0.43% 1,669 $640K Reduce -23.6%
UNH Unitedhealth Group Inc. 0.43% 1,294 $640K Reduce -25.3%
IYH iShares U.S. Healthcare ETF 0.42% 10,215 $632K No change
MDT Medtronic PLC 0.42% 7,119 $620K Reduce -11.7%
XLK SS Technology Select Sector 0.40% 2,850 $594K Reduce -16.5%
VYM Vanguard High DVD Yield ETF 0.37% 4,570 $553K No change
BRK.B Berkshire Hathaway Inc. Class B 0.36% 1,290 $542K Reduce -10.5%
DBC Invesco DB Commodity Index T 0.36% 23,130 $531K Add +1.1%
CVS CVS Health Corp. 0.34% 6,415 $512K Reduce -19.1%
ISRG Intuitive Surgical Inc. 0.34% 1,282 $512K Reduce -26.0%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.34% 9,233 $506K Reduce -8.1%
XEL Xcel Energy Inc. 0.32% 9,009 $484K Reduce -7.6%
XLF SS Financial Select Sector 0.31% 11,020 $464K Reduce -22.8%
TMO Thermo Fisher Scientific Inc. 0.30% 778 $452K Reduce -25.6%
APD Air Products & Chemicals Inc. 0.29% 1,813 $439K Reduce -15.4%
PXD Pioneer Natural Resources Co. 0.29% 1,671 $439K Reduce -18.9%
DBA Invesco DB Agriculture Fund 0.29% 17,420 $431K No change
NEE Nextera Energy Inc. 0.28% 6,435 $411K Reduce -2.8%
EMR Emerson Electric Co. 0.27% 3,589 $407K Reduce -6.5%
VIOO Vanguard S&P Small-Cap 600 E 0.27% 4,008 $407K No change
AEE Ameren Corporation 0.26% 5,282 $391K Reduce -2.6%
SNY Sanofi-ADR 0.26% 7,963 $387K Add +73.1%
LECO Lincoln Electric Holdings 0.26% 1,500 $383K No change
NSC Norfolk Southern Corp. 0.26% 1,498 $382K No change
CRM Salesforce Inc. 0.25% 1,248 $376K Reduce -25.5%
TSLA Tesla Inc. 0.24% 2,011 $354K Add +5.0%
OXY Occidental Petroleum Corp. 0.23% 5,259 $342K Reduce -17.0%
KIM Kimco Realty Corp. 0.23% 17,201 $337K Reduce -4.0%
VEA Vanguard Ftse Developed ETF 0.22% 6,658 $334K No change
DBP Invesco DB Precious Metals F 0.22% 6,200 $332K No change
CAT Caterpillar Inc. 0.22% 901 $330K Reduce -31.9%
DBE Invesco DB Energy Fund 0.22% 15,800 $327K No change
ES Eversource Energy 0.22% 5,436 $325K No change
CLX Clorox Company 0.21% 2,017 $309K No change
VTI VG Morningstar TS MKT ETF-US 0.21% 1,181 $307K Add +44.0%
AFL Aflac Inc. 0.20% 3,540 $304K No change
ALL Allstate Corp. 0.20% 1,748 $302K No change
CMCSA Comcast Corp. Class A 0.19% 6,645 $288K Reduce -16.7%
SPG Simon Property Group Inc. 0.19% 1,804 $282K Reduce -3.4%
SO The Southern Co. 0.19% 3,854 $276K No change
DBB Invesco DB Base Metals Fund 0.18% 15,350 $276K No change
MS Morgan Stanley 0.18% 2,908 $274K No change
XLY SS Consumer Disc Select Sect 0.18% 1,464 $269K Reduce -16.7%
FDX FedEx Corp. 0.17% 875 $254K No change
XLI SS Industrial Select Sector 0.17% 1,976 $249K Reduce -29.3%
XSD SS SPDR S&P Semiconductor 0.16% 1,034 $240K Reduce -22.4%
VGSH Vanguard Short-Term Treasury 0.15% 3,944 $229K Reduce -52.7%
PYPL PayPal Holdings Inc. 0.14% 3,146 $211K Add +0.5%
VXUS Vanguard Total Intl Stock 0.14% 3,455 $208K Add +0.0%
IWP iShares Russell Mid-Cap Grow 0.14% 1,820 $208K No change
XAR SS SPDR S&P Aerospace Def 0.14% 1,453 $204K Reduce -22.2%
XLV SS Health Care Select Sector 0.14% 1,381 $204K Reduce -29.1%

Portfolio Sells Q4 2023 → Q1 2024
BA The Boeing Co. Reduce -6.3% 1.12% −0.41
AAPL Apple Inc. Reduce -8.3% 1.86% −0.30
INTC Intel Corp. Reduce -10.0% 1.51% −0.30
ADBE Adobe Inc. Reduce -11.4% 0.86% −0.23
VGSH Vanguard Short-Term Treasury Reduce -52.7% 0.15% −0.16
UNH Unitedhealth Group Inc. Reduce -25.3% 0.43% −0.15
VNQ Vanguard Real Estate ETF Sold out 0.00% −0.14
GLD SPDR Gold Shares Sold out 0.00% −0.14
KIE SS SPDR S&P Insurance ETF Sold out 0.00% −0.14
XNTK SS SPDR Nyse Tech ETF Sold out 0.00% −0.14
HUM Humana Inc. Sold out 0.00% −0.14
XBI SS SPDR S&P Biotech ETF Sold out 0.00% −0.14
ESS Essex Property Trust Inc. Sold out 0.00% −0.13
AMGN Amgen Inc. Reduce -13.3% 1.21% −0.13
XSW SS SPDR S&P Soft & Serv ETF Sold out 0.00% −0.13
SPGI S&P Global Inc. Reduce -9.8% 1.31% −0.12
PFE Pfizer Inc. Sold out 0.00% −0.12
IXUS iShares Core Intl Stock ETF Sold out 0.00% −0.11
IWS iShares Russell Mid-Cap Valu Sold out 0.00% −0.11
DE Deere & Co. Sold out 0.00% −0.11
EFA iShares MSCI Eafe ETF Sold out 0.00% −0.11
MRSH Marsh & McLennan Cos Sold out 0.00% −0.11
MCD McDonald's Corp. Reduce -13.2% 0.72% −0.11
USHY iShares Broad Usd High Yield Sold out 0.00% −0.11
REET iShares Global REIT ETF Sold out 0.00% −0.10
XLE SS Energy Select Sector Sold out 0.00% −0.10
PEG Public Service Enterprise GP Sold out 0.00% −0.10
VEU Vanguard Ftse All-World Ex-U Sold out 0.00% −0.10
GNR State Street SPDR S&P Global Sold out 0.00% −0.09
COP Conocophillips Sold out 0.00% −0.09
GILD Gilead Sciences Inc. Reduce -11.1% 0.50% −0.09
XHE SS SPDR S&P HC Equip ETF Sold out 0.00% −0.09
COST Costco Wholesale Corp. Reduce -26.0% 0.57% −0.09
GOOGL Alphabet Inc. Class A Sold out 0.00% −0.09
MGEE Mge Energy Inc. Sold out 0.00% −0.08
VWO Vanguard Ftse Emerging Marke Sold out 0.00% −0.08
IEUR iShares Core MSCI Europe ETF Sold out 0.00% −0.08
TGT Target Corp. Sold out 0.00% −0.08
MUB iShares National Muni Bond E Sold out 0.00% −0.08
IBM Intl Business Machines Corp. Sold out 0.00% −0.08
UNP Union Pacific Corp. Reduce -17.6% 0.53% −0.08
APD Air Products & Chemicals Inc. Reduce -15.4% 0.29% −0.08
CTVA Corteva Inc. Sold out 0.00% −0.08
RWR SS SPDR Dow Jones REIT ETF Sold out 0.00% −0.08
D Dominion Energy Inc. Sold out 0.00% −0.08
DOV Dover Corp. Sold out 0.00% −0.07
V Visa Inc. Class A Reduce -22.9% 0.48% −0.07
AXP American Express Co. Sold out 0.00% −0.07
PPL PPL Corp. Sold out 0.00% −0.07
CB Chubb Ltd. Sold out 0.00% −0.07

Portfolio Buys Q4 2023 → Q1 2024
HDV iShares Core High Dividend E Add +3.5% 2.70% +0.41
AGG iShares Core U.S. Aggregate Add +2.8% 3.14% +0.20
IJR iShares Core S&P Small-Cap E Add +3.4% 1.59% +0.16
IUSG iShares Core S&P U.S. Growth Add +0.6% 0.80% +0.13
SNY Sanofi-ADR Add +73.1% 0.26% +0.11
IEFA iShares Core MSCI Eafe ETF Add +5.3% 0.75% +0.11
IUSV iShares Core S&P U.S. Value Add +0.6% 0.82% +0.10
DGRO iShares Core Dividend Growth Add +9.1% 0.46% +0.09
VTI VG Morningstar TS MKT ETF-US Add +44.0% 0.21% +0.08
USRT iShares Core US REIT ETF Add +1.1% 1.48% +0.08
IJH iShares Core S&P Midcap ETF Add +0.5% 0.46% +0.06
STX Seagate Technology Holdings Add +0.1% 0.46% +0.06
DBC Invesco DB Commodity Index T Add +1.1% 0.36% +0.04
PYPL PayPal Holdings Inc. Add +0.5% 0.14% +0.02
VXUS Vanguard Total Intl Stock Add +0.0% 0.14% +0.01
TSLA Tesla Inc. Add +5.0% 0.24% −0.07

Notes & Other Activity Q4 2023 → Q1 2024
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 Sold out 62 $2Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 139$246.5MNVDA, IWF, QQQ, INTC, IWD
Q1 2026 136$208.2MNVDA, IWF, QQQ, IWD, AAPL
Q4 2025 136$208.0MNVDA, IWF, QQQ, AAPL, MSFT
Q3 2025 132$196.3MNVDA, IWF, QQQ, MSFT, AAPL
Q2 2025 127$180.6MNVDA, IWF, QQQ, MSFT, IWD
Q1 2025 125$165.9MNVDA, IWF, QQQ, IWD, AGG
Q4 2024 123$165.9MNVDA, IWF, QQQ, IWD, AAPL
Q3 2024 128$164.7MNVDA, IWF, QQQ, IWD, AAPL
Q2 2024 122$156.2MNVDA, IWF, QQQ, IWD, MSFT
Q1 2024 122$149.1MNVDA, IWF, QQQ, IWD, MSFT