American State Bank (Iowa)

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed April 14, 2026), American State Bank (Iowa) reported 122 stock positions worth $156.2 million. Its top holding was Nvidia (NVDA) at 9.3% of the portfolio, followed by iShares Russell 1000 Growth (IWF, 5.0%) and Invesco QQQ Trust Series 1 (QQQ, 4.7%). Compared with Q1 2024, it opened 3 new positions, sold out of 4, added to 48 and reduced 28. The biggest buy was Apple (AAPL, shares +60%) and the biggest sale iShares Russell 1000 Value E (IWD, shares −2%).

Most Recent 13F
Q2 2026
Location
SIOUX CENTER, IA
CIK
0002122473
Portfolio Value
$156.2M (Q2 2024)
SEC Filing
0002122473-26-000016 ↗ filed Apr 14, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $149.1M Q1 2024 Q2 2024: $156.2M $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 · $156.2M
NVDA Nvidia Corp. 9.25% 116,989 $14.5M Reduce -3.2%
IWF iShares Russell 1000 Growth 5.03% 21,567 $7.9M Reduce -8.6%
QQQ Invesco QQQ Trust Series 1 4.74% 15,453 $7.4M No change
IWD iShares Russell 1000 Value E 4.04% 36,152 $6.3M Reduce -2.4%
MSFT Microsoft Corp. 3.88% 13,565 $6.1M Reduce -1.4%
AAPL Apple Inc. 3.49% 25,859 $5.4M Add +59.5%
AGG iShares Core U.S. Aggregate 3.09% 49,736 $4.8M Add +4.2%
HDV iShares Core High Dividend E 2.70% 38,868 $4.2M Add +6.4%
SPY SS SPDR S&P 500 ETF Trust-US 2.25% 6,450 $3.5M No change
WM Waste Management Inc. 1.70% 12,459 $2.7M Add +0.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.53% 59,985 $2.4M Reduce -1.1%
IJR iShares Core S&P Small-Cap E 1.52% 22,255 $2.4M Add +3.8%
USRT iShares Core US REIT ETF 1.42% 41,549 $2.2M Add +1.5%
AMAT Applied Materials Inc. 1.33% 8,826 $2.1M Reduce -0.5%
SPGI S&P Global Inc. 1.32% 4,625 $2.1M Add +0.8%
AMGN Amgen Inc. 1.26% 6,275 $2.0M Reduce -1.3%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.25% 4,992 $2.0M No change
JNJ Johnson & Johnson 1.07% 11,388 $1.7M Add +0.9%
INTC Intel Corp. 1.06% 53,453 $1.7M Add +5.0%
JPM JPMorgan Chase & Co. 1.03% 7,967 $1.6M Add +0.8%
HIG Hartford Insurance Group Inc. 1.02% 15,811 $1.6M Reduce -0.2%
BA The Boeing Co. 1.01% 8,673 $1.6M Add +0.3%
WMT Walmart Inc. 1.00% 23,138 $1.6M Reduce -1.7%
GD General Dynamics Corp. 1.00% 5,358 $1.6M No change
XOM Exxon Mobil Corp. 0.99% 13,430 $1.5M Add +19.1%
PG The Procter & Gamble Co. 0.99% 9,330 $1.5M Add +1.2%
ED Consolidated Edison Inc. 0.90% 15,772 $1.4M Add +1.0%
ADBE Adobe Inc. 0.90% 2,533 $1.4M No change
EFV iShares MSCI Eafe Value ETF 0.90% 26,427 $1.4M Add +58.0%
CSCO Cisco Systems Inc. 0.90% 29,431 $1.4M Add +3.5%
C Citigroup Inc. 0.87% 21,469 $1.4M Reduce -0.1%
GE General Electric filed as GE AEROSPACE 0.86% 8,419 $1.3M Reduce -3.9%
IEMG iShares Core MSCI Emerging 0.84% 24,551 $1.3M Add +2.2%
LRCX Lam Research Corp. 0.82% 1,200 $1.3M No change
IUSG iShares Core S&P U.S. Growth 0.81% 9,879 $1.3M Reduce -3.0%
IWO iShares Russell 2000 Growth 0.78% 4,648 $1.2M Reduce -8.0%
AMZN Amazon.com Inc. 0.77% 6,239 $1.2M Reduce -2.1%
IUSV iShares Core S&P U.S. Value 0.76% 13,432 $1.2M Reduce -1.1%
AVGO Broadcom Inc. 0.75% 734 $1.2M Reduce -0.7%
RTX RTX Corp. 0.75% 11,656 $1.2M Add +1.1%
CI The Cigna Group 0.74% 3,511 $1.2M No change
WFC Wells Fargo & Co. 0.74% 19,459 $1.2M Add +1.3%
T AT&T Inc. 0.73% 59,474 $1.1M Add +1.3%
CVX Chevron Corp. 0.71% 7,134 $1.1M Add +1.3%
IEFA iShares Core MSCI Eafe ETF 0.71% 15,329 $1.1M Add +1.1%
QCOM Qualcomm Inc. 0.69% 5,372 $1.1M Reduce -2.8%
GOOG Alphabet Inc. Class C 0.67% 5,675 $1.0M Reduce -3.3%
SDY SS SPDR S&P Dividend ETF 0.65% 7,957 $1.0M No change
MCD McDonald's Corp. 0.65% 3,962 $1.0M Add +3.7%
EFG iShares MSCI Eafe Growth ETF 0.63% 9,667 $989K Add +8.2%
COST Costco Wholesale Corp. 0.62% 1,143 $972K Reduce -2.1%
GS Goldman Sachs Group Inc. 0.62% 2,127 $962K Reduce -2.2%
VZ Verizon Communications Inc. 0.61% 23,282 $960K Add +0.8%
PEP Pepsico Inc. 0.60% 5,641 $930K Add +1.4%
NFLX Netflix Inc. 0.57% 1,321 $892K Reduce -1.3%
VIG Vanguard Dividend Apprec ETF 0.57% 4,873 $890K Reduce -35.5%
DOW Dow Inc. 0.57% 16,669 $884K Add +1.3%
DELL Dell Technologies -C 0.55% 6,231 $859K No change
PLD Prologis Inc. 0.55% 7,635 $857K No change
ROST Ross Stores Inc. 0.49% 5,278 $767K No change
IWN iShares Russell 2000 Value E 0.49% 5,015 $764K No change
STX Seagate Technology Holdings 0.48% 7,300 $754K Reduce -0.1%
WEC WEC Energy Group Inc. 0.48% 9,584 $752K No change
UNP Union Pacific Corp. 0.48% 3,304 $748K Add +2.6%
DGRO iShares Core Dividend Growth 0.45% 12,281 $708K Add +2.9%
ABBV Abbvie Inc. 0.45% 4,108 $705K No change
GILD Gilead Sciences Inc. 0.45% 10,247 $703K Add +1.0%
UNH Unitedhealth Group Inc. 0.45% 1,375 $700K Add +6.3%
IBB iShares Biotechnology ETF 0.45% 5,082 $698K No change
V Visa Inc. Class A 0.44% 2,616 $687K Add +1.6%
IJH iShares Core S&P Midcap ETF 0.43% 11,379 $666K Add +0.4%
IYH iShares U.S. Healthcare ETF 0.40% 10,215 $626K No change
XLK SS Technology Select Sector 0.38% 2,593 $587K Reduce -9.0%
HD Home Depot Inc. 0.37% 1,671 $575K Add +0.1%
MDT Medtronic PLC 0.37% 7,265 $572K Add +2.0%
ISRG Intuitive Surgical Inc. 0.36% 1,277 $568K Reduce -0.4%
VYM Vanguard High DVD Yield ETF 0.35% 4,570 $542K No change
DBC Invesco DB Commodity Index T 0.34% 23,130 $537K No change
BRK.B Berkshire Hathaway Inc. Class B 0.34% 1,301 $529K Add +0.8%
XEL Xcel Energy Inc. 0.30% 8,809 $470K Reduce -2.2%
APD Air Products & Chemicals Inc. 0.30% 1,823 $470K Add +0.6%
NEE Nextera Energy Inc. 0.29% 6,435 $456K No change
XLF SS Financial Select Sector 0.29% 11,020 $453K No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.29% 9,440 $445K Add +2.2%
TMO Thermo Fisher Scientific Inc. 0.28% 783 $433K Add +0.6%
DBA Invesco DB Agriculture Fund 0.27% 17,420 $415K No change
SNY Sanofi-ADR 0.27% 8,535 $414K Add +7.2%
TSLA Tesla Inc. 0.26% 2,018 $399K Add +0.3%
EMR Emerson Electric Co. 0.25% 3,589 $395K No change
CVS CVS Health Corp. 0.24% 6,455 $381K Add +0.6%
AEE Ameren Corporation 0.24% 5,282 $376K No change
DBP Invesco DB Precious Metals F 0.23% 6,200 $355K No change
VEA Vanguard Ftse Developed ETF 0.23% 7,174 $355K Add +7.8%
OXY Occidental Petroleum Corp. 0.21% 5,319 $335K Add +1.1%
KIM Kimco Realty Corp. 0.21% 17,201 $335K No change
DBE Invesco DB Energy Fund 0.21% 15,800 $330K No change
NSC Norfolk Southern Corp. 0.21% 1,498 $322K No change
CRM Salesforce Inc. 0.21% 1,250 $321K Add +0.2%
SO The Southern Co. 0.20% 4,081 $317K Add +5.9%
AFL Aflac Inc. 0.20% 3,540 $316K No change
VTI VG Morningstar TS MKT ETF-US 0.20% 1,181 $316K No change
DBB Invesco DB Base Metals Fund 0.20% 15,350 $309K No change
ES Eversource Energy 0.20% 5,436 $308K No change
CAT Caterpillar Inc. 0.19% 901 $300K No change
GEV GE Vernova Inc. 0.18% 1,654 $284K Reduce -24.5%
LECO Lincoln Electric Holdings 0.18% 1,500 $283K No change
MS Morgan Stanley 0.18% 2,908 $283K No change
ALL Allstate Corp. 0.18% 1,748 $279K No change
CLX Clorox Company 0.18% 2,017 $275K No change
ENB Enbridge Inc. 0.18% 7,703 $274K New
SPG Simon Property Group Inc. 0.18% 1,804 $274K No change
XLY SS Consumer Disc Select Sect 0.17% 1,464 $267K No change
FDX FedEx Corp. 0.17% 875 $262K No change
CMCSA Comcast Corp. Class A 0.17% 6,681 $262K Add +0.5%
XLI SS Industrial Select Sector 0.15% 1,976 $241K No change
VGSH Vanguard Short-Term Treasury 0.15% 3,944 $229K No change
XSD SS SPDR S&P Semiconductor 0.14% 887 $220K Reduce -14.2%
IWP iShares Russell Mid-Cap Grow 0.13% 1,860 $205K Add +2.2%
ESS Essex Property Trust Inc. 0.13% 748 $204K New
XAR SS SPDR S&P Aerospace Def 0.13% 1,453 $203K No change
XLV SS Health Care Select Sector 0.13% 1,381 $201K No change
VNQ Vanguard Real Estate ETF 0.13% 2,403 $201K New

Portfolio Sells Q1 2024 → Q2 2024
IWD iShares Russell 1000 Value E Reduce -2.4% 4.04% −0.41
VIG Vanguard Dividend Apprec ETF Reduce -35.5% 0.57% −0.36
IWF iShares Russell 1000 Growth Reduce -8.6% 5.03% −0.30
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.29
VIOO Vanguard S&P Small-Cap 600 E Sold out 0.00% −0.27
GE General Electric Reduce -3.9% 0.86% −0.17
PYPL PayPal Holdings Inc. Sold out 0.00% −0.14
VXUS Vanguard Total Intl Stock Sold out 0.00% −0.14
IWO iShares Russell 2000 Growth Reduce -8.0% 0.78% −0.14
HIG Hartford Insurance Group Inc. Reduce -0.2% 1.02% −0.08
GEV GE Vernova Inc. Reduce -24.5% 0.18% −0.07
IUSV iShares Core S&P U.S. Value Reduce -1.1% 0.76% −0.07
C Citigroup Inc. Reduce -0.1% 0.87% −0.04
XEL Xcel Energy Inc. Reduce -2.2% 0.30% −0.02
XLK SS Technology Select Sector Reduce -9.0% 0.38% −0.02
XSD SS SPDR S&P Semiconductor Reduce -14.2% 0.14% −0.02
BAC Bank of America Corp. Reduce -1.1% 1.53% −0.02
MSFT Microsoft Corp. Reduce -1.4% 3.88% −0.00
AMZN Amazon.com Inc. Reduce -2.1% 0.77% +0.00
IUSG iShares Core S&P U.S. Growth Reduce -3.0% 0.81% +0.01
GS Goldman Sachs Group Inc. Reduce -2.2% 0.62% +0.01
ISRG Intuitive Surgical Inc. Reduce -0.4% 0.36% +0.02
NFLX Netflix Inc. Reduce -1.3% 0.57% +0.03
STX Seagate Technology Holdings Reduce -0.1% 0.48% +0.03
AMGN Amgen Inc. Reduce -1.3% 1.26% +0.04
COST Costco Wholesale Corp. Reduce -2.1% 0.62% +0.05
WMT Walmart Inc. Reduce -1.7% 1.00% +0.05
QCOM Qualcomm Inc. Reduce -2.8% 0.69% +0.06
GOOG Alphabet Inc. Class C Reduce -3.3% 0.67% +0.07
AVGO Broadcom Inc. Reduce -0.7% 0.75% +0.10
AMAT Applied Materials Inc. Reduce -0.5% 1.33% +0.11
NVDA Nvidia Corp. Reduce -3.2% 9.25% +1.93

Portfolio Buys Q1 2024 → Q2 2024
AAPL Apple Inc. Add +59.5% 3.49% +1.62
EFV iShares MSCI Eafe Value ETF Add +58.0% 0.90% +0.29
ENB Enbridge Inc. New 0.18% +0.18
ESS Essex Property Trust Inc. New 0.13% +0.13
VNQ Vanguard Real Estate ETF New 0.13% +0.13
XOM Exxon Mobil Corp. Add +19.1% 0.99% +0.11
T AT&T Inc. Add +1.3% 0.73% +0.03
UNH Unitedhealth Group Inc. Add +6.3% 0.45% +0.02
TSLA Tesla Inc. Add +0.3% 0.26% +0.02
SO The Southern Co. Add +5.9% 0.20% +0.02
EFG iShares MSCI Eafe Growth ETF Add +8.2% 0.63% +0.01
SPGI S&P Global Inc. Add +0.8% 1.32% +0.01
IEMG iShares Core MSCI Emerging Add +2.2% 0.84% +0.01
APD Air Products & Chemicals Inc. Add +0.6% 0.30% +0.01
SNY Sanofi-ADR Add +7.2% 0.27% +0.01
HDV iShares Core High Dividend E Add +6.4% 2.70% +0.00
VEA Vanguard Ftse Developed ETF Add +7.8% 0.23% +0.00
RTX RTX Corp. Add +1.1% 0.75% −0.01
WFC Wells Fargo & Co. Add +1.3% 0.74% −0.01
IWP iShares Russell Mid-Cap Grow Add +2.2% 0.13% −0.01
DGRO iShares Core Dividend Growth Add +2.9% 0.45% −0.01
OXY Occidental Petroleum Corp. Add +1.1% 0.21% −0.01
PG The Procter & Gamble Co. Add +1.2% 0.99% −0.02
BRK.B Berkshire Hathaway Inc. Class B Add +0.8% 0.34% −0.03
CMCSA Comcast Corp. Class A Add +0.5% 0.17% −0.03
TMO Thermo Fisher Scientific Inc. Add +0.6% 0.28% −0.03
CVX Chevron Corp. Add +1.3% 0.71% −0.03
JPM JPMorgan Chase & Co. Add +0.8% 1.03% −0.03
VZ Verizon Communications Inc. Add +0.8% 0.61% −0.04
IJH iShares Core S&P Midcap ETF Add +0.4% 0.43% −0.04
IEFA iShares Core MSCI Eafe ETF Add +1.1% 0.71% −0.04
V Visa Inc. Class A Add +1.6% 0.44% −0.04
AGG iShares Core U.S. Aggregate Add +4.2% 3.09% −0.05
CRM Salesforce Inc. Add +0.2% 0.21% −0.05
GILD Gilead Sciences Inc. Add +1.0% 0.45% −0.05
ED Consolidated Edison Inc. Add +1.0% 0.90% −0.05
MDT Medtronic PLC Add +2.0% 0.37% −0.05
UNP Union Pacific Corp. Add +2.6% 0.48% −0.05
USRT iShares Core US REIT ETF Add +1.5% 1.42% −0.05
SLB SLB Ltd. Add +2.2% 0.29% −0.05
CSCO Cisco Systems Inc. Add +3.5% 0.90% −0.06
PEP Pepsico Inc. Add +1.4% 0.60% −0.06
HD Home Depot Inc. Add +0.1% 0.37% −0.06
WM Waste Management Inc. Add +0.6% 1.70% −0.07
IJR iShares Core S&P Small-Cap E Add +3.8% 1.52% −0.07
DOW Dow Inc. Add +1.3% 0.57% −0.07
MCD McDonald's Corp. Add +3.7% 0.65% −0.08
CVS CVS Health Corp. Add +0.6% 0.24% −0.10
BA The Boeing Co. Add +0.3% 1.01% −0.11
JNJ Johnson & Johnson Add +0.9% 1.07% −0.13

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