First International Bank & Trust
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 4, 2024), First International Bank & Trust reported 74 stock positions worth $312.0 million. Its top holding was Two RDS Shared TR at 22.6% of the portfolio, followed by Vaneck Morningstar Wide Moat (MOAT, 14.5%) and SS SPDR S&P 500 ETF Trust-US (SPY, 8.0%). Compared with Q2 2024, it opened 6 new positions, sold out of 3, added to 35 and reduced 19. The biggest buy was a new position in First Trust Low Duration Opp (LMBS) and the biggest sale Wisdomtree Japan Hedged Eq (DXJ, shares −3%).
- Most Recent 13F
- Q3 2025
- Location
- WATFORD CITY, ND
- CIK
- 0001910370
- Portfolio Value
- $312.0M (Q3 2024)
- SEC Filing
- 0000930413-24-002924 ↗ filed Oct 4, 2024
Holdings Value
Holdings 74 stocks · $312.0M
| TWO RDS SHARED TR | 22.58% | 7,639,581 | $70.4M | Add +1.2% |
| MOAT Vaneck Morningstar Wide Moat | 14.52% | 467,225 | $45.3M | Add +0.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 7.98% | 43,369 | $24.9M | Add +0.9% |
| RLY SS Multi-Asset Real Ret ETF | 7.44% | 808,031 | $23.2M | Reduce -1.4% |
| SCHA Schwab US Small-Cap ETF | 7.08% | 428,713 | $22.1M | Reduce -0.8% |
| ANFIELD US EQUITY SECTOR ROT | 5.85% | 1,074,855 | $18.3M | Reduce -3.8% |
| DXJ Wisdomtree Japan Hedged Eq | 5.31% | 156,247 | $16.6M | Reduce -2.6% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 3.38% | 193,017 | $10.6M | Reduce -3.0% |
| LMBS First Trust Low Duration Opp | 3.10% | 195,437 | $9.7M | New |
| JPST JPMorgan Ultra-Short Income | 2.03% | 125,064 | $6.3M | Add +0.6% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 2.03% | 68,981 | $6.3M | Add +0.6% |
| ICSH iShares Ultra Short Duration | 2.02% | 124,500 | $6.3M | Add +0.6% |
| MUNI PIMCO Intermediate Municipal | 1.25% | 73,428 | $3.9M | Reduce -8.7% |
| IFLN Invesco Bloomberg Enhanced F | 1.11% | 187,354 | $3.5M | Add +1.4% |
| MSFT Microsoft Corp. | 0.95% | 6,884 | $3.0M | Add +0.3% |
| MUB iShares National Muni Bond E | 0.90% | 25,768 | $2.8M | Reduce -9.9% |
| SHM SS SPDR N Ice St Muni ETF | 0.86% | 56,004 | $2.7M | Reduce -6.8% |
| ALKT Alkami Technology Inc. | 0.75% | 74,117 | $2.3M | Reduce -21.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.71% | 42,272 | $2.2M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.66% | 3 | $2.1M | Add +50.0% |
| ACWV iShares MSCI Global Min Vol | 0.55% | 15,100 | $1.7M | Reduce -4.2% |
| AAPL Apple Inc. | 0.46% | 6,215 | $1.4M | Add +8.0% |
| FEZ State Street SPDR Euro Stoxx | 0.44% | 25,793 | $1.4M | Reduce -3.7% |
| XLV SS Health Care Select Sector | 0.40% | 8,025 | $1.2M | No change |
| QQQ Invesco QQQ Trust Series 1 | 0.35% | 2,257 | $1.1M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 0.35% | 5,808 | $1.1M | Add +34.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.34% | 2,289 | $1.1M | Add +5.7% |
| DE Deere & Co. | 0.30% | 2,274 | $949K | Add +0.4% |
| WMT Walmart Inc. | 0.30% | 11,522 | $930K | Add +0.8% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.29% | 3,372 | $902K | Reduce -5.0% |
| MDYG SS SPDR S&P 400 MC GR ETF | 0.28% | 10,044 | $881K | Reduce -0.5% |
| AXP American Express Co. | 0.28% | 3,208 | $870K | Add +0.7% |
| COST Costco Wholesale Corp. | 0.24% | 835 | $740K | Add +30.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.24% | 1,916 | $736K | Reduce -13.2% |
| ADP Automatic Data Processing | 0.23% | 2,571 | $711K | Add +0.7% |
| ORCL Oracle Corp. | 0.20% | 3,734 | $636K | Add +1.8% |
| XOM Exxon Mobil Corp. | 0.20% | 5,272 | $618K | Add +2.6% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.20% | 3,636 | $610K | Reduce -8.7% |
| IWP iShares Russell Mid-Cap Grow | 0.18% | 4,745 | $557K | No change |
| XLK SS Technology Select Sector | 0.16% | 2,178 | $492K | No change |
| CSR Centerspace | 0.15% | 6,860 | $483K | No change |
| VNQ Vanguard Real Estate ETF | 0.15% | 4,734 | $461K | No change |
| LOW Lowe's Cos Inc. | 0.14% | 1,578 | $427K | Add +1.6% |
| PEP Pepsico Inc. | 0.14% | 2,489 | $423K | Add +1.1% |
| OKE Oneok Inc. | 0.13% | 4,509 | $411K | No change |
| GSLC Goldman Activebeta US LC ETF | 0.13% | 3,623 | $409K | No change |
| AFL Aflac Inc. | 0.13% | 3,626 | $405K | Reduce -3.1% |
| MCD McDonald's Corp. | 0.13% | 1,325 | $403K | Add +0.6% |
| JAAA Janus Henderson Aaa Clo ETF | 0.13% | 7,864 | $400K | No change |
| FLOT iShares Floating Rate Bond E | 0.13% | 7,742 | $395K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.12% | 2,057 | $359K | Reduce -35.5% |
| ABBV Abbvie Inc. | 0.11% | 1,809 | $357K | Add +11.1% |
| JNJ Johnson & Johnson | 0.11% | 2,172 | $352K | Add +2.0% |
| GD General Dynamics Corp. | 0.11% | 1,118 | $338K | Add +0.8% |
| PG The Procter & Gamble Co. | 0.10% | 1,881 | $326K | Add +3.2% |
| V Visa Inc. Class A | 0.10% | 1,152 | $317K | Add +9.2% |
| AVGO Broadcom Inc. | 0.10% | 1,820 | $314K | New |
| AMGN Amgen Inc. | 0.10% | 961 | $310K | Add +1.5% |
| CVX Chevron Corp. | 0.10% | 2,096 | $309K | Add +10.7% |
| XLP SS Consumer Staples Sel Sect | 0.10% | 3,677 | $305K | No change |
| KO The Coca-Cola Co. | 0.10% | 4,169 | $300K | Add +1.2% |
| CAT Caterpillar Inc. | 0.09% | 745 | $291K | Add +2.8% |
| LMT Lockheed Martin Corp. | 0.09% | 487 | $285K | Add +1.0% |
| VZ Verizon Communications Inc. | 0.09% | 5,937 | $267K | Add +2.7% |
| CSCO Cisco Systems Inc. | 0.09% | 4,997 | $266K | Add +1.4% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.08% | 3,049 | $265K | Reduce -14.2% |
| XLC SS Comm Select Sector SPDR | 0.08% | 2,845 | $257K | No change |
| XLF SS Financial Select Sector | 0.08% | 5,649 | $256K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 1,137 | $251K | New |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.07% | 817 | $215K | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.07% | 2,629 | $212K | New |
| ABT Abbott Laboratories | 0.06% | 1,767 | $201K | New |
| IYW iShares Ustechnology ETF | 0.06% | 1,320 | $200K | New |
| F Ford Motor Co. filed as FORD MTR CO | 0.04% | 13,240 | $140K | Add +1.5% |
Portfolio Sells Q2 2024 → Q3 2024
| DXJ Wisdomtree Japan Hedged Eq | Reduce -2.6% | 5.31% | −0.92 |
| ANFIELD US EQUITY SECTOR ROT | Reduce -3.8% | 5.85% | −0.43 |
| RLY SS Multi-Asset Real Ret ETF | Reduce -1.4% | 7.44% | −0.35 |
| MUNI PIMCO Intermediate Municipal | Reduce -8.7% | 1.25% | −0.19 |
| ALKT Alkami Technology Inc. | Reduce -21.3% | 0.75% | −0.17 |
| MBB iShares MBS ETF | Sold out | 0.00% | −0.16 |
| MUB iShares National Muni Bond E | Reduce -9.9% | 0.90% | −0.15 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Reduce -3.0% | 3.38% | −0.13 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -6.8% | 0.86% | −0.11 |
| NVDA Nvidia Corp. | Sold out | 0.00% | −0.09 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -35.5% | 0.12% | −0.06 |
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -13.2% | 0.24% | −0.05 |
| FEZ State Street SPDR Euro Stoxx | Reduce -3.7% | 0.44% | −0.02 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.3% | 0.35% | −0.02 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -5.0% | 0.29% | −0.02 |
| ACWV iShares MSCI Global Min Vol | Reduce -4.2% | 0.55% | −0.01 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -14.2% | 0.08% | −0.01 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Reduce -8.7% | 0.20% | −0.01 |
| MDYG SS SPDR S&P 400 MC GR ETF | Reduce -0.5% | 0.28% | −0.01 |
| AFL Aflac Inc. | Reduce -3.1% | 0.13% | +0.01 |
| SCHA Schwab US Small-Cap ETF | Reduce -0.8% | 7.08% | +0.02 |
Portfolio Buys Q2 2024 → Q3 2024
| LMBS First Trust Low Duration Opp | New | 3.10% | +3.10 |
| MOAT Vaneck Morningstar Wide Moat | Add +0.3% | 14.52% | +0.63 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +50.0% | 0.66% | +0.24 |
| AVGO Broadcom Inc. | New | 0.10% | +0.10 |
| IBM Intl Business Machines Corp. | New | 0.08% | +0.08 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.07% | +0.07 |
| ABT Abbott Laboratories | New | 0.06% | +0.06 |
| IYW iShares Ustechnology ETF | New | 0.06% | +0.06 |
| AMZN Amazon.com Inc. | Add +34.6% | 0.35% | +0.06 |
| COST Costco Wholesale Corp. | Add +30.9% | 0.24% | +0.05 |
| AAPL Apple Inc. | Add +8.0% | 0.46% | +0.05 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +5.7% | 0.34% | +0.03 |
| WMT Walmart Inc. | Add +0.8% | 0.30% | +0.03 |
| ORCL Oracle Corp. | Add +1.8% | 0.20% | +0.03 |
| AXP American Express Co. | Add +0.7% | 0.28% | +0.03 |
| LOW Lowe's Cos Inc. | Add +1.6% | 0.14% | +0.02 |
| ADP Automatic Data Processing | Add +0.7% | 0.23% | +0.02 |
| ABBV Abbvie Inc. | Add +11.1% | 0.11% | +0.02 |
| LMT Lockheed Martin Corp. | Add +1.0% | 0.09% | +0.01 |
| MCD McDonald's Corp. | Add +0.6% | 0.13% | +0.01 |
| DE Deere & Co. | Add +0.4% | 0.30% | +0.01 |
| CAT Caterpillar Inc. | Add +2.8% | 0.09% | +0.01 |
| V Visa Inc. Class A | Add +9.2% | 0.10% | +0.01 |
| KO The Coca-Cola Co. | Add +1.2% | 0.10% | +0.01 |
| JNJ Johnson & Johnson | Add +2.0% | 0.11% | +0.01 |
| CSCO Cisco Systems Inc. | Add +1.4% | 0.09% | +0.00 |
| VZ Verizon Communications Inc. | Add +2.7% | 0.09% | +0.00 |
| PG The Procter & Gamble Co. | Add +3.2% | 0.10% | +0.00 |
| GD General Dynamics Corp. | Add +0.8% | 0.11% | −0.00 |
| AMGN Amgen Inc. | Add +1.5% | 0.10% | −0.00 |
| CVX Chevron Corp. | Add +10.7% | 0.10% | −0.00 |
| PEP Pepsico Inc. | Add +1.1% | 0.14% | −0.00 |
| XOM Exxon Mobil Corp. | Add +2.6% | 0.20% | −0.01 |
| F Ford Motor Co. | Add +1.5% | 0.04% | −0.01 |
| IFLN Invesco Bloomberg Enhanced F | Add +1.4% | 1.11% | −0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.9% | 7.98% | −0.08 |
| MSFT Microsoft Corp. | Add +0.3% | 0.95% | −0.11 |
| JPST JPMorgan Ultra-Short Income | Add +0.6% | 2.03% | −0.13 |
| ICSH iShares Ultra Short Duration | Add +0.6% | 2.02% | −0.13 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Add +0.6% | 2.03% | −0.14 |
| TWO RDS SHARED TR | Add +1.2% | 22.58% | −1.08 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2025 | 56 | $287.7M | TWO RDS SHARED TR, SPHQ, RLY, SPY, DXJ |
| Q2 2025 | 63 | $287.5M | TWO RDS SHARED TR, SPHQ, RLY, SPY, DXJ |
| Q1 2025 | 70 | $316.2M | TWO RDS SHARED TR, MOAT, RLY, SPY, DXJ |
| Q4 2024 | 70 | $308.7M | TWO RDS SHARED TR, MOAT, SPY, SCHA, RLY |
| Q3 2024 | 74 | $312.0M | TWO RDS SHARED TR, MOAT, SPY, RLY, SCHA |
| Q2 2024 | 71 | $290.6M | TWO RDS SHARED TR, MOAT, SPY, RLY, SCHA |
| Q1 2024 | 69 | $289.7M | TWO RDS SHARED TR, MOAT, RLY, SPY, SCHA |