First Bank & Trust
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 10, 2026), First Bank & Trust reported 257 stock positions worth $620.8 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 11.0% of the portfolio, followed by Vanguard Ftse Developed ETF (VEA, 8.0%) and iShares Core U.S. Aggregate (AGG, 5.7%). Compared with Q4 2025, it opened 23 new positions, sold out of 26, added to 92 and reduced 116. The biggest buy was iShares Core U.S. Aggregate (AGG, shares +17%) and the biggest sale Daktronics (DAKT, shares −62%).
- Most Recent 13F
- Q2 2026
- Location
- BROOKINGS, SD
- CIK
- 0001692632
- Portfolio Value
- $620.8M (Q1 2026)
- SEC Filing
- 0001692632-26-000002 ↗ filed Apr 10, 2026
Holdings Value
Holdings 257 stocks · $620.8M
| VTI VG Morningstar TS MKT ETF-US | 10.97% | 212,363 | $68.1M | Reduce -0.3% |
| VEA Vanguard Ftse Developed ETF | 8.02% | 776,648 | $49.8M | Reduce -2.2% |
| AGG iShares Core U.S. Aggregate | 5.72% | 357,684 | $35.5M | Add +17.2% |
| VOO Vanguard S&P 500 ETF | 3.96% | 41,114 | $24.6M | Add +17.3% |
| VWO Vanguard Ftse Emerging Marke | 3.75% | 430,864 | $23.3M | Add +3.3% |
| AAPL Apple Inc. | 2.55% | 62,479 | $15.9M | Add +14.5% |
| IJR iShares Core S&P Small-Cap E | 2.46% | 122,880 | $15.3M | Add +1.7% |
| IJH iShares Core S&P Midcap ETF | 2.29% | 210,554 | $14.2M | Add +5.7% |
| MSFT Microsoft Corp. | 2.03% | 33,982 | $12.6M | Reduce -1.7% |
| NVDA Nvidia Corp. | 1.98% | 70,313 | $12.3M | Add +70.3% |
| VOOV Vanguard S&P 500 Value ETF | 1.50% | 45,762 | $9.3M | No change |
| GEVO Gevo Inc. | 1.35% | 3,064,948 | $8.4M | No change |
| VIOV Vanguard S&P Small-Cap 600 V | 1.29% | 78,422 | $8.0M | No change |
| COST Costco Wholesale Corp. | 1.27% | 7,916 | $7.9M | Reduce -9.9% |
| PFE Pfizer Inc. | 1.16% | 257,382 | $7.2M | Add +39.8% |
| TTE Totalenergies SE | 1.14% | 77,709 | $7.1M | Add +4.4% |
| CATH Global X S&P 500 Ca Val ETF | 1.07% | 84,766 | $6.6M | Reduce -5.3% |
| META Meta Platforms Inc. Class A | 1.02% | 11,028 | $6.3M | Add +10.2% |
| IVV iShares Core S&P 500 ETF | 0.98% | 9,268 | $6.1M | Add +36.1% |
| XOM Exxon Mobil Corp. | 0.93% | 34,149 | $5.8M | Reduce -1.8% |
| GOOGL Alphabet Inc. Class A | 0.90% | 19,535 | $5.6M | Add +114.9% |
| ENB Enbridge Inc. | 0.84% | 96,209 | $5.2M | Add +3.4% |
| PM Philip Morris International | 0.83% | 31,332 | $5.2M | Add +3.0% |
| GOOG Alphabet Inc. Class C | 0.81% | 17,606 | $5.1M | Reduce -3.5% |
| CVX Chevron Corp. | 0.81% | 24,200 | $5.0M | Add +3.6% |
| AMZN Amazon.com Inc. | 0.78% | 23,178 | $4.8M | Reduce -14.4% |
| DUK Duke Energy Corp. | 0.76% | 36,237 | $4.7M | Reduce -2.0% |
| USB US Bancorp | 0.75% | 89,199 | $4.6M | Add +8.8% |
| AMGN Amgen Inc. | 0.74% | 13,027 | $4.6M | Add +0.8% |
| NGG National Grid PLC-SP ADR | 0.74% | 53,949 | $4.6M | Reduce -0.6% |
| XEL Xcel Energy Inc. | 0.73% | 56,808 | $4.5M | Add +0.5% |
| ABBV Abbvie Inc. | 0.71% | 20,127 | $4.4M | Reduce -1.4% |
| PNC PNC Financial Services Group | 0.70% | 20,772 | $4.3M | Add +4.5% |
| BTI British American Tob-SP ADR | 0.69% | 73,272 | $4.3M | Add +5.1% |
| VPL Vanguard Ftse Pacific ETF | 0.68% | 43,465 | $4.2M | No change |
| VZ Verizon Communications Inc. | 0.66% | 82,038 | $4.1M | Reduce -1.4% |
| WMB Williams Cos Inc. | 0.65% | 55,023 | $4.0M | Reduce -3.3% |
| GILD Gilead Sciences Inc. | 0.63% | 28,009 | $3.9M | Reduce -23.4% |
| GLD SPDR Gold Shares | 0.62% | 8,940 | $3.8M | No change |
| SO The Southern Co. | 0.61% | 39,043 | $3.8M | Reduce -9.9% |
| TRP TC Energy Corp. | 0.60% | 59,983 | $3.8M | Add +1.4% |
| MA Mastercard Inc. Class A | 0.58% | 7,255 | $3.6M | Reduce -6.0% |
| PLD Prologis Inc. | 0.58% | 27,263 | $3.6M | Add +3.6% |
| JNJ Johnson & Johnson | 0.55% | 13,850 | $3.4M | Reduce -18.9% |
| SNY Sanofi-ADR | 0.53% | 67,996 | $3.3M | Reduce -0.9% |
| AEP American Electric Power | 0.52% | 24,698 | $3.2M | Reduce -5.8% |
| TFC Truist Financial Corp. | 0.49% | 66,018 | $3.0M | Add +6.5% |
| PEP Pepsico Inc. | 0.48% | 19,261 | $3.0M | Add +14.9% |
| HBAN Huntington Bancshares Inc. | 0.47% | 186,904 | $2.9M | Reduce -2.6% |
| DAKT Daktronics Inc. | 0.47% | 148,029 | $2.9M | Reduce -61.6% |
| JPM JPMorgan Chase & Co. | 0.46% | 9,618 | $2.8M | Reduce -8.1% |
| AVGO Broadcom Inc. | 0.45% | 8,958 | $2.8M | Reduce -0.3% |
| GSK GSK PLC-Spon ADR | 0.42% | 47,771 | $2.6M | Reduce -15.2% |
| HLT Hilton Worldwide Holdings Inc. | 0.41% | 8,338 | $2.5M | Reduce -19.6% |
| O Realty Income Corp. | 0.40% | 41,008 | $2.5M | Add +1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 5,153 | $2.5M | Add +14.2% |
| ETR Entergy Corp. | 0.39% | 21,686 | $2.4M | Reduce -4.4% |
| BMO Bank of Montreal filed as BANK MONTREAL MEDIUM | 0.38% | 17,295 | $2.3M | Add +0.9% |
| CTAS Cintas Corp. | 0.36% | 13,188 | $2.2M | Reduce -13.4% |
| EMXC iShares MSCI Emr MRK Ex Chna | 0.35% | 27,895 | $2.2M | No change |
| CME Cme Group Inc. | 0.35% | 7,299 | $2.2M | Add +50.4% |
| VGK Vanguard Ftse Europe ETF | 0.34% | 25,479 | $2.1M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.33% | 5,975 | $2.0M | Add +29.6% |
| KO The Coca-Cola Co. | 0.30% | 24,870 | $1.9M | Add +0.5% |
| IEFA iShares Core MSCI Eafe ETF | 0.30% | 20,865 | $1.9M | Reduce -0.8% |
| FE Firstenergy Corp. | 0.30% | 37,093 | $1.9M | Add +22.7% |
| T AT&T Inc. | 0.29% | 62,950 | $1.8M | Reduce -13.6% |
| PPL PPL Corp. | 0.28% | 45,807 | $1.7M | Add +2.0% |
| PGR Progressive Corp. | 0.28% | 8,702 | $1.7M | Reduce -22.0% |
| INTU Intuit Inc. | 0.27% | 3,864 | $1.7M | Reduce -28.1% |
| WFC Wells Fargo & Co. | 0.26% | 20,050 | $1.6M | Reduce -7.2% |
| AMT American Tower Corp. | 0.25% | 9,169 | $1.6M | New |
| ISRG Intuitive Surgical Inc. | 0.25% | 3,430 | $1.6M | Reduce -42.7% |
| RWJ Invesco S&P Smallcap 600 | 0.25% | 31,078 | $1.6M | Add +38.1% |
| PAYX Paychex Inc. | 0.25% | 16,730 | $1.5M | Add +125.5% |
| V Visa Inc. Class A | 0.25% | 5,078 | $1.5M | Add +29.6% |
| EEM iShares MSCI Emerging Market | 0.25% | 26,947 | $1.5M | No change |
| FBND Fidelity Total Bond ETF | 0.25% | 33,526 | $1.5M | Add +80.9% |
| UL Unilever PLC-Sponsored ADR | 0.24% | 25,985 | $1.5M | Add +37.8% |
| IMCG iShares Morningstar Mid-Cap | 0.23% | 18,199 | $1.4M | Add +38.5% |
| CM Can Imperial BK of Commerce filed as CANADIAN IMPERIAL BANK OF CO | 0.22% | 14,678 | $1.4M | Reduce -9.2% |
| DIVI Franklin International Core | 0.22% | 34,746 | $1.4M | Add +39.8% |
| MRVL Marvell Technology Inc. | 0.22% | 13,914 | $1.4M | Reduce -43.1% |
| WMT Walmart Inc. | 0.22% | 10,901 | $1.4M | Reduce -6.1% |
| JIRE JPMorgan Int Res Enh Eqty | 0.21% | 17,469 | $1.3M | Add +43.6% |
| AXP American Express Co. | 0.21% | 4,334 | $1.3M | Reduce -28.5% |
| AMCR Amcor PLC | 0.21% | 32,973 | $1.3M | Add +19.3% |
| UBER Uber Technologies Inc. | 0.21% | 18,007 | $1.3M | Reduce -49.9% |
| MRK Merck & Co. Inc. | 0.20% | 10,559 | $1.3M | Add +75.9% |
| NFLX Netflix Inc. | 0.20% | 12,971 | $1.2M | Reduce -41.1% |
| IAU iShares Gold Trust | 0.20% | 13,985 | $1.2M | Add +3.2% |
| WEC WEC Energy Group Inc. | 0.19% | 10,434 | $1.2M | Add +174.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.18% | 6,932 | $1.1M | Reduce -3.5% |
| IWF iShares Russell 1000 Growth | 0.18% | 2,594 | $1.1M | No change |
| RBC RBC Bearings Inc. | 0.17% | 1,975 | $1.1M | Reduce -7.0% |
| MO Altria Group Inc. | 0.17% | 15,868 | $1.0M | Add +15.4% |
| TSLA Tesla Inc. | 0.17% | 2,796 | $1.0M | New |
| CB Chubb Ltd. | 0.17% | 3,147 | $1.0M | Add +0.0% |
| CASY Casey's General Stores Inc. | 0.16% | 1,393 | $1.0M | Reduce -8.0% |
| GEV GE Vernova Inc. | 0.16% | 1,138 | $993K | Add +30.2% |
Portfolio Sells Q4 2025 → Q1 2026
| DAKT Daktronics Inc. | Reduce -61.6% | 0.47% | −0.78 |
| MSFT Microsoft Corp. | Reduce -1.7% | 2.03% | −0.70 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -0.3% | 10.97% | −0.65 |
| NOW ServiceNow Inc. | Reduce -55.6% | 0.15% | −0.35 |
| INTU Intuit Inc. | Reduce -28.1% | 0.27% | −0.31 |
| ISRG Intuitive Surgical Inc. | Reduce -42.7% | 0.25% | −0.30 |
| UBER Uber Technologies Inc. | Reduce -49.9% | 0.21% | −0.27 |
| ADSK Autodesk Inc. | Reduce -53.9% | 0.15% | −0.25 |
| AMZN Amazon.com Inc. | Reduce -14.4% | 0.78% | −0.24 |
| IOT Samsara Inc. Class A | Sold out | 0.00% | −0.23 |
| CSGP Costar Group Inc. | Sold out | 0.00% | −0.22 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.21 |
| VLTO Veralto Corp. | Reduce -80.6% | 0.04% | −0.19 |
| CDNS Cadence Design SYS Inc. | Sold out | 0.00% | −0.16 |
| AXP American Express Co. | Reduce -28.5% | 0.21% | −0.15 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.14 |
| PGR Progressive Corp. | Reduce -22.0% | 0.28% | −0.14 |
| NFLX Netflix Inc. | Reduce -41.1% | 0.20% | −0.14 |
| MA Mastercard Inc. Class A | Reduce -6.0% | 0.58% | −0.13 |
| CATH Global X S&P 500 Ca Val ETF | Reduce -5.3% | 1.07% | −0.13 |
| GNRC Generac Holdings Inc. | Reduce -66.6% | 0.11% | −0.12 |
| VEEV Veeva Systems Inc. Class A | Sold out | 0.00% | −0.12 |
| TDG Transdigm Group Inc. | Reduce -75.0% | 0.03% | −0.12 |
| DHR Danaher Corp. | Reduce -64.7% | 0.05% | −0.12 |
| GOOG Alphabet Inc. Class C | Reduce -3.5% | 0.81% | −0.12 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.12 |
| MRVL Marvell Technology Inc. | Reduce -43.1% | 0.22% | −0.12 |
| WST West Pharmaceutical Services | Reduce -56.4% | 0.07% | −0.11 |
| CTAS Cintas Corp. | Reduce -13.4% | 0.36% | −0.11 |
| GILD Gilead Sciences Inc. | Reduce -23.4% | 0.63% | −0.10 |
| JPM JPMorgan Chase & Co. | Reduce -8.1% | 0.46% | −0.09 |
| TTD Trade Desk Inc./the Class A | Sold out | 0.00% | −0.09 |
| DDOG Datadog Inc. Class A | Reduce -30.9% | 0.13% | −0.09 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.08 |
| SPGI S&P Global Inc. | Reduce -30.2% | 0.10% | −0.08 |
| HLT Hilton Worldwide Holdings Inc. | Reduce -19.6% | 0.41% | −0.08 |
| CCB Coastal Financial Corp. | Reduce -1.6% | 0.14% | −0.08 |
| HBAN Huntington Bancshares Inc. | Reduce -2.6% | 0.47% | −0.07 |
| WFC Wells Fargo & Co. | Reduce -7.2% | 0.26% | −0.07 |
| VEA Vanguard Ftse Developed ETF | Reduce -2.2% | 8.02% | −0.07 |
| SCHW Schwab (charles) Corp. | Reduce -37.3% | 0.09% | −0.07 |
| TT Trane Technologies PLC | Reduce -48.8% | 0.07% | −0.06 |
| AVGO Broadcom Inc. | Reduce -0.3% | 0.45% | −0.06 |
| ABBV Abbvie Inc. | Reduce -1.4% | 0.71% | −0.05 |
| CWST Casella Waste Systems Inc. Class A | Sold out | 0.00% | −0.05 |
| PI Impinj Inc. | Sold out | 0.00% | −0.05 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.05 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.04 |
| DIS The Walt Disney Co. | Sold out | 0.00% | −0.04 |
| CSTL Castle Biosciences Inc. | Reduce -1.2% | 0.07% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| AGG iShares Core U.S. Aggregate | Add +17.2% | 5.72% | +0.76 |
| NVDA Nvidia Corp. | Add +70.3% | 1.98% | +0.72 |
| GOOGL Alphabet Inc. Class A | Add +114.9% | 0.90% | +0.44 |
| PFE Pfizer Inc. | Add +39.8% | 1.16% | +0.42 |
| VOO Vanguard S&P 500 ETF | Add +17.3% | 3.96% | +0.38 |
| TTE Totalenergies SE | Add +4.4% | 1.14% | +0.35 |
| AMT American Tower Corp. | New | 0.25% | +0.25 |
| CVX Chevron Corp. | Add +3.6% | 0.81% | +0.23 |
| IVV iShares Core S&P 500 ETF | Add +36.1% | 0.98% | +0.22 |
| TSLA Tesla Inc. | New | 0.17% | +0.17 |
| IJH iShares Core S&P Midcap ETF | Add +5.7% | 2.29% | +0.15 |
| AAPL Apple Inc. | Add +14.5% | 2.55% | +0.14 |
| CME Cme Group Inc. | Add +50.4% | 0.35% | +0.13 |
| WEC WEC Energy Group Inc. | Add +174.6% | 0.19% | +0.13 |
| ENB Enbridge Inc. | Add +3.4% | 0.84% | +0.11 |
| PAYX Paychex Inc. | Add +125.5% | 0.25% | +0.11 |
| FBND Fidelity Total Bond ETF | Add +80.9% | 0.25% | +0.11 |
| MRK Merck & Co. Inc. | Add +75.9% | 0.20% | +0.10 |
| LLY Eli Lilly & Co. | Add +259.1% | 0.15% | +0.10 |
| TSM Taiwan Semiconductor-SP ADR | Add +29.6% | 0.33% | +0.10 |
| VWO Vanguard Ftse Emerging Marke | Add +3.3% | 3.75% | +0.10 |
| IJR iShares Core S&P Small-Cap E | Add +1.7% | 2.46% | +0.10 |
| PEP Pepsico Inc. | Add +14.9% | 0.48% | +0.09 |
| MDLZ Mondelez International Inc. Class A | New | 0.09% | +0.09 |
| PLTR Palantir Technologies Inc. Class A | New | 0.09% | +0.09 |
| FE Firstenergy Corp. | Add +22.7% | 0.30% | +0.08 |
| TRP TC Energy Corp. | Add +1.4% | 0.60% | +0.07 |
| RWJ Invesco S&P Smallcap 600 | Add +38.1% | 0.25% | +0.07 |
| MU Micron Technology Inc. | New | 0.07% | +0.07 |
| GEV GE Vernova Inc. | Add +30.2% | 0.16% | +0.07 |
| DIVI Franklin International Core | Add +39.8% | 0.22% | +0.07 |
| JIRE JPMorgan Int Res Enh Eqty | Add +43.6% | 0.21% | +0.06 |
| SU Suncor Energy Inc. | Add +20.3% | 0.15% | +0.06 |
| SPOT Spotify Technology SA | New | 0.06% | +0.06 |
| IMCG iShares Morningstar Mid-Cap | Add +38.5% | 0.23% | +0.06 |
| USFD US Foods Holding Corp. | New | 0.06% | +0.06 |
| STIP iShares 0-5 Year Tips Bond E | Add +83.1% | 0.11% | +0.05 |
| JEMA JPMorgan Activebuilders Emer | Add +40.5% | 0.16% | +0.05 |
| IGSB iShares 1-5Y Inv Grade Corp. | New | 0.05% | +0.05 |
| AMGN Amgen Inc. | Add +0.8% | 0.74% | +0.05 |
| BTI British American Tob-SP ADR | Add +5.1% | 0.69% | +0.05 |
| XEL Xcel Energy Inc. | Add +0.5% | 0.73% | +0.05 |
| ODFL Old Dominion Freight Line | New | 0.05% | +0.05 |
| IAGG iShares Intl Aggregate Bond | New | 0.05% | +0.05 |
| KLAC KLA Corp. | Add +57.4% | 0.09% | +0.04 |
| ALGN Align Technology Inc. | New | 0.04% | +0.04 |
| USHY iShares Broad Usd High Yield | New | 0.04% | +0.04 |
| MPC Marathon Petroleum Corp. | Add +0.7% | 0.13% | +0.04 |
| TLTW iShares 20+ Bond Buywrite | New | 0.04% | +0.04 |
| AMD Advanced Micro Devices | Add +52.5% | 0.14% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 270 | $680.0M | VTI, VEA, AGG, VOO, VWO |
| Q1 2026 | 257 | $620.8M | VTI, VEA, AGG, VOO, VWO |
| Q4 2025 | 260 | $613.9M | VTI, VEA, AGG, VWO, VOO |
| Q3 2025 | 257 | $594.2M | VTI, VEA, AGG, VWO, VOO |
| Q2 2025 | 242 | $560.5M | VTI, VEA, AGG, VOO, VWO |
| Q1 2025 | 232 | $516.4M | VTI, VEA, AGG, VOO, VWO |
| Q4 2024 | 236 | $521.0M | VTI, VEA, AGG, VWO, VOO |
| Q3 2024 | 233 | $526.9M | VTI, VEA, AGG, VWO, VOO |
| Q2 2024 | 225 | $491.0M | VTI, VEA, AGG, VWO, VOO |
| Q1 2024 | 230 | $483.8M | VTI, VEA, AGG, VWO, VOO |