Bell Bank
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 23, 2024), Bell Bank reported 184 stock positions worth $1.2 billion. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 20.1% of the portfolio, followed by Invesco QQQ Trust Series 1 (QQQ, 16.2%) and Vanguard High DVD Yield ETF (VYM, 7.0%). Compared with Q4 2023, it opened 15 new positions, sold out of 4, added to 77 and reduced 66. The biggest buy was SS SPDR BB 1-3M T-Bill ETF (BIL, shares +74%) and the biggest sale SS Financial Select Sector (XLF, shares −93%).
- Most Recent 13F
- Q2 2026
- Location
- FARGO, ND
- CIK
- 0001002672
- Portfolio Value
- $1.2B (Q1 2024)
- SEC Filing
- 0001062993-24-008674 ↗ filed Apr 23, 2024
Holdings Value
Holdings 184 stocks · $1.2B
| IEFA iShares Core MSCI Eafe ETF | 20.06% | 3,143,109 | $233.3M | Add +2.5% |
| QQQ Invesco QQQ Trust Series 1 | 16.23% | 425,008 | $188.7M | Add +2.7% |
| VYM Vanguard High DVD Yield ETF | 6.97% | 669,729 | $81.0M | Add +2.4% |
| VOO Vanguard S&P 500 ETF | 6.80% | 164,611 | $79.1M | Add +15.7% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 5.75% | 728,432 | $66.9M | Add +74.3% |
| AGG iShares Core U.S. Aggregate | 2.67% | 316,949 | $31.0M | Add +8.0% |
| NVDA Nvidia Corp. | 1.77% | 22,773 | $20.6M | Reduce -4.8% |
| MSFT Microsoft Corp. | 1.18% | 32,513 | $13.7M | Add +17.1% |
| ABBV Abbvie Inc. | 1.11% | 71,162 | $13.0M | Add +0.6% |
| PSX Phillips 66 | 0.97% | 68,733 | $11.2M | Reduce -4.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.96% | 58,232 | $11.1M | Reduce -1.4% |
| INTC Intel Corp. | 0.94% | 247,316 | $10.9M | Add +1.0% |
| CSCO Cisco Systems Inc. | 0.92% | 215,139 | $10.7M | Add +3.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.92% | 20,464 | $10.7M | Reduce -2.2% |
| XOM Exxon Mobil Corp. | 0.88% | 88,508 | $10.3M | Add +1.1% |
| ARCC Ares Capital Corp. | 0.88% | 489,632 | $10.2M | Add +1.7% |
| STX Seagate Technology Holdings | 0.87% | 109,253 | $10.2M | Reduce -0.2% |
| GILD Gilead Sciences Inc. | 0.81% | 128,251 | $9.4M | Add +3.7% |
| AMZN Amazon.com Inc. | 0.81% | 51,942 | $9.4M | Add +28.9% |
| SO The Southern Co. | 0.80% | 129,946 | $9.3M | Add +2.8% |
| LYB Lyondellbasell Indu Class A | 0.80% | 90,706 | $9.3M | Add +2.3% |
| PRU Prudential Financial Inc. | 0.80% | 78,991 | $9.3M | Add +0.0% |
| AMGN Amgen Inc. | 0.77% | 31,555 | $9.0M | Add +1.6% |
| RIO Rio Tinto PLC-Spon ADR | 0.77% | 140,025 | $8.9M | Add +5.4% |
| DOW Dow Inc. | 0.75% | 151,216 | $8.8M | Add +2.1% |
| AAPL Apple Inc. | 0.74% | 50,322 | $8.6M | Add +32.8% |
| DUK Duke Energy Corp. | 0.74% | 89,206 | $8.6M | Add +2.7% |
| KHC The Kraft Heinz Co. | 0.73% | 231,303 | $8.5M | Add +3.7% |
| UPS United Parcel Service Class B | 0.73% | 56,796 | $8.4M | Add +6.0% |
| HBAN Huntington Bancshares Inc. | 0.71% | 593,204 | $8.3M | Reduce -0.3% |
| IP International Paper Co. | 0.70% | 208,273 | $8.1M | Add +3.3% |
| T AT&T Inc. | 0.69% | 452,661 | $8.0M | Add +2.7% |
| VZ Verizon Communications Inc. | 0.65% | 181,433 | $7.6M | Add +3.0% |
| GSK GSK PLC-Spon ADR | 0.65% | 175,760 | $7.5M | Add +0.2% |
| TRP TC Energy Corp. | 0.61% | 175,581 | $7.1M | Add +1.4% |
| PFE Pfizer Inc. | 0.58% | 243,969 | $6.8M | Add +12.9% |
| VTRS Viatris Inc. | 0.50% | 488,774 | $5.8M | Reduce -1.4% |
| EXR Extra Space Storage Inc. | 0.50% | 39,251 | $5.8M | Add +0.0% |
| HPE Hewlett Packard Enterprise | 0.49% | 319,900 | $5.7M | Add +2.3% |
| LEG Leggett & Platt Inc. | 0.49% | 295,094 | $5.7M | Add +17.7% |
| CAG Conagra Brands Inc. | 0.48% | 189,507 | $5.6M | Add +3.6% |
| AGNC AGNC Investment Corp. | 0.48% | 564,106 | $5.6M | Add +1.6% |
| NWL Newell Brands Inc. | 0.47% | 683,807 | $5.5M | Add +14.0% |
| META Meta Platforms Inc. Class A | 0.40% | 9,672 | $4.7M | Add +22.0% |
| GOOGL Alphabet Inc. Class A | 0.40% | 30,738 | $4.6M | Add +35.3% |
| MCD McDonald's Corp. | 0.37% | 15,288 | $4.3M | Add +2.8% |
| JPM JPMorgan Chase & Co. | 0.33% | 19,102 | $3.8M | Add +18.0% |
| GOOG Alphabet Inc. Class C | 0.31% | 24,022 | $3.7M | Add +11.6% |
| V Visa Inc. Class A | 0.30% | 12,628 | $3.5M | Add +43.0% |
| UNH Unitedhealth Group Inc. | 0.30% | 6,989 | $3.5M | Add +15.1% |
| WM Waste Management Inc. | 0.29% | 16,006 | $3.4M | Reduce -0.0% |
| VTI VG Morningstar TS MKT ETF-US | 0.23% | 10,364 | $2.7M | Reduce -5.7% |
| AFL Aflac Inc. | 0.23% | 30,904 | $2.7M | Reduce -0.0% |
| NLY Annaly Capital Management Inc. | 0.20% | 120,956 | $2.4M | Add +3.8% |
| CRM Salesforce Inc. | 0.20% | 7,700 | $2.3M | Reduce -5.7% |
| UL Unilever PLC | 0.19% | 44,225 | $2.2M | Add +4.9% |
| PG The Procter & Gamble Co. | 0.19% | 13,594 | $2.2M | Add +7.6% |
| PSA Public Storage | 0.18% | 7,408 | $2.1M | No change |
| CSGP Costar Group Inc. | 0.18% | 21,709 | $2.1M | Reduce -13.1% |
| DHR Danaher Corp. | 0.18% | 8,188 | $2.0M | Reduce -3.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.17% | 4,648 | $2.0M | Add +0.0% |
| MA Mastercard Inc. Class A | 0.16% | 3,964 | $1.9M | Add +15.2% |
| HEI Heico Corp. | 0.16% | 9,822 | $1.9M | Reduce -10.1% |
| ESGV Vanguard ESG US Stock ETF | 0.16% | 19,465 | $1.8M | Reduce -3.2% |
| WST West Pharmaceutical Services | 0.16% | 4,579 | $1.8M | Reduce -10.1% |
| FAST Fastenal Co. | 0.15% | 23,346 | $1.8M | Reduce -10.4% |
| ADI Analog Devices Inc. | 0.14% | 8,310 | $1.6M | Reduce -11.5% |
| KO The Coca-Cola Co. | 0.14% | 26,753 | $1.6M | Add +10.7% |
| VEEV Veeva Systems Inc. Class A | 0.14% | 6,811 | $1.6M | Reduce -10.2% |
| GLOB Globant SA | 0.13% | 7,721 | $1.6M | Reduce -10.4% |
| COST Costco Wholesale Corp. | 0.13% | 2,111 | $1.5M | Add +62.8% |
| NOW ServiceNow Inc. | 0.13% | 2,017 | $1.5M | Reduce -12.7% |
| MRK Merck & Co. Inc. | 0.13% | 11,197 | $1.5M | Add +21.3% |
| HD Home Depot Inc. | 0.13% | 3,845 | $1.5M | Add +7.1% |
| TYL Tyler Technologies Inc. | 0.13% | 3,463 | $1.5M | Reduce -12.6% |
| BMY Bristol-Myers Squibb Co. | 0.12% | 26,528 | $1.4M | Add +8.0% |
| IRT Independence Realty Trust Inc. | 0.12% | 88,006 | $1.4M | No change |
| VEA Vanguard Ftse Developed ETF | 0.12% | 28,034 | $1.4M | Add +86.9% |
| JNJ Johnson & Johnson | 0.12% | 8,822 | $1.4M | Add +20.6% |
| ROL Rollins Inc. | 0.12% | 29,620 | $1.4M | Reduce -12.5% |
| SPHQ Invesco S&P 500 Quality ETF | 0.12% | 22,467 | $1.4M | No change |
| XLF SS Financial Select Sector | 0.12% | 32,163 | $1.4M | Reduce -93.0% |
| SPGI S&P Global Inc. | 0.12% | 3,164 | $1.3M | Reduce -12.7% |
| PEP Pepsico Inc. | 0.11% | 7,341 | $1.3M | Add +23.6% |
| SBUX Starbucks Corp. | 0.11% | 13,575 | $1.2M | Reduce -5.0% |
| TSLA Tesla Inc. | 0.11% | 7,051 | $1.2M | Add +72.2% |
| MEDP Medpace Holdings Inc. | 0.10% | 3,008 | $1.2M | Reduce -10.3% |
| LLY Eli Lilly & Co. | 0.10% | 1,469 | $1.1M | No change |
| LOW Lowe's Cos Inc. | 0.10% | 4,480 | $1.1M | Add +5.4% |
| IDXX Idexx Laboratories Inc. | 0.10% | 2,089 | $1.1M | Reduce -12.6% |
| ANSS Ansys Inc. | 0.10% | 3,185 | $1.1M | Reduce -12.5% |
| NFLX Netflix Inc. | 0.09% | 1,781 | $1.1M | Reduce -9.0% |
| CVX Chevron Corp. | 0.09% | 6,835 | $1.1M | Add +30.5% |
| RBA RB Global Inc. | 0.09% | 14,029 | $1.1M | Reduce -32.3% |
| AVGO Broadcom Inc. | 0.09% | 796 | $1.1M | Add +13.9% |
| FIVE Five Below | 0.09% | 5,623 | $1.0M | Reduce -26.3% |
| PAYC Paycom Software Inc. | 0.09% | 5,113 | $1.0M | Add +17.3% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.09% | 19,954 | $1.0M | No change |
| VRSK Verisk Analytics Inc. | 0.09% | 4,282 | $1.0M | Reduce -9.6% |
| JPST JPMorgan Ultra-Short Income | 0.08% | 19,259 | $972K | Reduce -46.6% |
Portfolio Sells Q4 2023 → Q1 2024
| XLF SS Financial Select Sector | Reduce -93.0% | 0.12% | −1.54 |
| JPST JPMorgan Ultra-Short Income | Reduce -46.6% | 0.08% | −0.09 |
| FIVE Five Below | Reduce -26.3% | 0.09% | −0.07 |
| GLOB Globant SA | Reduce -10.4% | 0.13% | −0.06 |
| LOPE Grand Canyon Education Inc. | Reduce -29.9% | 0.08% | −0.04 |
| RBA RB Global Inc. | Reduce -32.3% | 0.09% | −0.04 |
| GS Goldman Sachs Group Inc. | Sold out | 0.00% | −0.04 |
| ADI Analog Devices Inc. | Reduce -11.5% | 0.14% | −0.04 |
| SPGI S&P Global Inc. | Reduce -12.7% | 0.12% | −0.04 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -2.2% | 0.92% | −0.04 |
| TYL Tyler Technologies Inc. | Reduce -12.6% | 0.13% | −0.03 |
| ANSS Ansys Inc. | Reduce -12.5% | 0.10% | −0.03 |
| VSAT Viasat Inc. | Sold out | 0.00% | −0.03 |
| ECL Ecolab Inc. | Reduce -54.9% | 0.03% | −0.03 |
| WK Workiva Inc. | Reduce -12.6% | 0.06% | −0.03 |
| IDXX Idexx Laboratories Inc. | Reduce -12.6% | 0.10% | −0.03 |
| CSGP Costar Group Inc. | Reduce -13.1% | 0.18% | −0.03 |
| SCHF Schwab Intl Equity ETF | Sold out | 0.00% | −0.03 |
| HEI Heico Corp. | Reduce -10.1% | 0.16% | −0.03 |
| STX Seagate Technology Holdings | Reduce -0.2% | 0.87% | −0.03 |
| SBUX Starbucks Corp. | Reduce -5.0% | 0.11% | −0.03 |
| NOW ServiceNow Inc. | Reduce -12.7% | 0.13% | −0.03 |
| ROL Rollins Inc. | Reduce -12.5% | 0.12% | −0.02 |
| VRSK Verisk Analytics Inc. | Reduce -9.6% | 0.09% | −0.02 |
| PRVA Privia Health Group Inc. | Reduce -10.6% | 0.04% | −0.02 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -5.7% | 0.23% | −0.02 |
| AFL Aflac Inc. | Reduce -0.0% | 0.23% | −0.02 |
| HBAN Huntington Bancshares Inc. | Reduce -0.3% | 0.71% | −0.02 |
| WST West Pharmaceutical Services | Reduce -10.1% | 0.16% | −0.02 |
| VTRS Viatris Inc. | Reduce -1.4% | 0.50% | −0.02 |
| BL Blackline Inc. | Reduce -12.6% | 0.05% | −0.01 |
| DHR Danaher Corp. | Reduce -3.2% | 0.18% | −0.01 |
| MMM 3M Co. | Reduce -0.0% | 0.06% | −0.01 |
| GWRE Guidewire Software Inc. | Reduce -12.7% | 0.05% | −0.01 |
| ESGV Vanguard ESG US Stock ETF | Reduce -3.2% | 0.16% | −0.01 |
| GTM Zoominfo Technologies Inc. | Reduce -10.4% | 0.02% | −0.01 |
| ENSG The Ensign Group Inc. | Reduce -9.9% | 0.06% | −0.01 |
| FAST Fastenal Co. | Reduce -10.4% | 0.15% | −0.01 |
| CRM Salesforce Inc. | Reduce -5.7% | 0.20% | −0.01 |
| PCTY Paylocity Holding Corp. | Reduce -10.2% | 0.03% | −0.01 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -10.5% | 0.08% | −0.01 |
| MS Morgan Stanley | Reduce -2.3% | 0.04% | −0.01 |
| VEEV Veeva Systems Inc. Class A | Reduce -10.2% | 0.14% | −0.01 |
| ALGN Align Technology Inc. | Reduce -12.7% | 0.06% | −0.00 |
| UNP Union Pacific Corp. | Reduce -1.5% | 0.03% | −0.00 |
| CMCSA Comcast Corp. Class A | Reduce -0.6% | 0.03% | −0.00 |
| MSI Motorola Solutions Inc. | Reduce -7.8% | 0.06% | −0.00 |
| NXPI NXP Semiconductors NV | Reduce -1.9% | 0.07% | −0.00 |
| CRL Charles River Laboratories | Reduce -12.5% | 0.04% | −0.00 |
| SUSA iShares ESG Optimized MSCI U | Reduce -2.0% | 0.07% | −0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +74.3% | 5.75% | +2.07 |
| VOO Vanguard S&P 500 ETF | Add +15.7% | 6.80% | +0.82 |
| AMZN Amazon.com Inc. | Add +28.9% | 0.81% | +0.22 |
| MSFT Microsoft Corp. | Add +17.1% | 1.18% | +0.17 |
| META Meta Platforms Inc. Class A | Add +22.0% | 0.40% | +0.13 |
| GOOGL Alphabet Inc. Class A | Add +35.3% | 0.40% | +0.09 |
| V Visa Inc. Class A | Add +43.0% | 0.30% | +0.08 |
| MDY State Street SPDR S&P Midcap | New | 0.07% | +0.07 |
| AXP American Express Co. | New | 0.07% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +18.0% | 0.33% | +0.06 |
| KNSL Kinsale Capital Group Inc. | New | 0.06% | +0.06 |
| ABBV Abbvie Inc. | Add +0.6% | 1.11% | +0.06 |
| PH Parker Hannifin Corp. | New | 0.06% | +0.06 |
| VEA Vanguard Ftse Developed ETF | Add +86.9% | 0.12% | +0.05 |
| COST Costco Wholesale Corp. | Add +62.8% | 0.13% | +0.05 |
| CB Chubb Ltd. | New | 0.05% | +0.05 |
| FICO Fair Isaac Corp. | New | 0.04% | +0.04 |
| XOM Exxon Mobil Corp. | Add +1.1% | 0.88% | +0.04 |
| AAPL Apple Inc. | Add +32.8% | 0.74% | +0.04 |
| IEMG iShares Core MSCI Emerging | New | 0.03% | +0.03 |
| IVV iShares Core S&P 500 ETF | New | 0.03% | +0.03 |
| MRK Merck & Co. Inc. | Add +21.3% | 0.13% | +0.03 |
| PLD Prologis Inc. | New | 0.03% | +0.03 |
| HON Honeywell International Inc. | Add +145.9% | 0.04% | +0.02 |
| MA Mastercard Inc. Class A | Add +15.2% | 0.16% | +0.02 |
| BLK BlackRock Finance Inc. | Add +114.9% | 0.05% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +11.6% | 0.31% | +0.02 |
| GSK GSK PLC-Spon ADR | Add +0.2% | 0.65% | +0.02 |
| ACN Accenture PLC Class A | Add +81.3% | 0.06% | +0.02 |
| FDX FedEx Corp. | New | 0.02% | +0.02 |
| SYK Stryker Corp. | New | 0.02% | +0.02 |
| BA The Boeing Co. | New | 0.02% | +0.02 |
| TT Trane Technologies PLC | New | 0.02% | +0.02 |
| SCHD Schwab US DVD Equity ETF | New | 0.02% | +0.02 |
| OEF iShares S&P 100 ETF | New | 0.02% | +0.02 |
| CVX Chevron Corp. | Add +30.5% | 0.09% | +0.02 |
| AVGO Broadcom Inc. | Add +13.9% | 0.09% | +0.02 |
| VZ Verizon Communications Inc. | Add +3.0% | 0.65% | +0.01 |
| QCOM Qualcomm Inc. | Add +19.5% | 0.07% | +0.01 |
| PEP Pepsico Inc. | Add +23.6% | 0.11% | +0.01 |
| AMAT Applied Materials Inc. | Add +12.7% | 0.06% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +21.3% | 0.08% | +0.01 |
| PG The Procter & Gamble Co. | Add +7.6% | 0.19% | +0.01 |
| JNJ Johnson & Johnson | Add +20.6% | 0.12% | +0.01 |
| TSLA Tesla Inc. | Add +72.2% | 0.11% | +0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.0% | 0.17% | +0.01 |
| PRU Prudential Financial Inc. | Add +0.0% | 0.80% | +0.01 |
| HD Home Depot Inc. | Add +7.1% | 0.13% | +0.01 |
| LOW Lowe's Cos Inc. | Add +5.4% | 0.10% | +0.01 |
| AMD Advanced Micro Devices | Add +4.2% | 0.05% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 195 | $2.6B | VTV, IEFA, VUG, QQQ, RSP |
| Q1 2026 | 188 | $2.4B | IEFA, VTV, VUG, QQQ, RSP |
| Q4 2025 | 194 | $2.3B | IEFA, VTV, VUG, QQQ, RSP |
| Q3 2025 | 198 | $2.3B | IEFA, VUG, VTV, QQQ, VTI |
| Q2 2025 | 198 | $2.1B | IEFA, VUG, VTV, QQQ, VTI |
| Q1 2025 | 186 | $1.9B | IEFA, VTV, VUG, QQQ, VOO |
| Q4 2024 | 190 | $1.3B | IEFA, QQQ, VYM, VOO, SPYV |
| Q3 2024 | 177 | $845.2M | IEFA, QQQ, AGG, VOO, BILS |
| Q2 2024 | 188 | $1.2B | IEFA, QQQ, VYM, VOO, BIL |
| Q1 2024 | 184 | $1.2B | IEFA, QQQ, VYM, VOO, BIL |