First National Bank of Omaha

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), First National Bank of Omaha reported 503 stock positions worth $3.4 billion. Its top holding was Microsoft (MSFT) at 3.3% of the portfolio, followed by Berkshire Hathaway Class B (BRK.B, 3.3%) and Apple (AAPL, 3.1%). Compared with Q3 2025, it opened 213 new positions, sold out of 25, added to 164 and reduced 117. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +1388%) and the biggest sale an exit from Lebens Family Enterprises II.

Most Recent 13F
Q2 2026
Location
OMAHA, NE
CIK
0000036644
Portfolio Value
$3.4B (Q4 2025)
SEC Filing
0000036644-26-000003 ↗ filed Feb 13, 2026

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $1.5B Q1 2024 Q2 2024: $1.5B Q2 2024 Q3 2024: $1.6B Q3 2024 Q4 2024: $1.5B Q4 2024 Q1 2025: $1.5B Q1 2025 Q2 2025: $1.5B Q2 2025 Q3 2025: $1.6B Q3 2025 Q4 2025: $3.4B $3.4B Q4 2025 Q1 2026: $3.2B Q1 2026 Q2 2026: $3.5B Q2 2026

Holdings 503 stocks · $3.4B
MSFT Microsoft Corp. 3.32% 231,204 $112.2M Add +58.8%
BRK.B Berkshire Hathaway Inc. Class B 3.28% 220,096 $110.7M Add +441.5%
AAPL Apple Inc. 3.09% 383,200 $104.3M Add +52.7%
IVV iShares Core S&P 500 ETF 3.02% 147,817 $101.9M Add +1387.8%
VTI VG Morningstar TS MKT ETF-US 2.79% 279,269 $94.3M Add +1948.0%
VXUS Vanguard Total Intl Stock 2.46% 1,093,834 $82.9M Add +29407.3%
DFAI Dimensional International Co. 2.23% 1,978,765 $75.4M Add +4.7%
GOOG Alphabet Inc. Class C 2.03% 218,043 $68.5M Add +164.3%
NVDA Nvidia Corp. 1.94% 350,416 $65.5M Add +46.7%
AMZN Amazon.com Inc. 1.83% 266,263 $61.7M Add +91.3%
JPM JPMorgan Chase & Co. 1.67% 174,826 $56.4M Add +42.2%
EFA iShares MSCI Eafe ETF 1.45% 509,258 $49.1M Add +1551.8%
WMT Walmart Inc. 1.41% 426,696 $47.7M Add +659.1%
AVGO Broadcom Inc. 1.36% 131,538 $45.7M Add +93.9%
GOOGL Alphabet Inc. Class A 1.17% 126,569 $39.6M Add +25.1%
BRK.A Berkshire Hathaway Inc. Class A 1.03% 46 $34.7M Add +4500.0%
VOO Vanguard S&P 500 ETF 1.03% 55,269 $34.7M Add +8.7%
SPY SS SPDR S&P 500 ETF Trust-US 1.00% 49,446 $33.9M Add +150.5%
VONG Vanguard Russell 1000 Growth 0.98% 268,429 $32.9M New
META Meta Platforms Inc. Class A 0.92% 47,149 $31.2M Add +37.0%
CVX Chevron Corp. 0.90% 200,060 $30.5M Add +97.8%
IWF iShares Russell 1000 Growth 0.84% 59,123 $28.2M Add +4345.3%
RTX RTX Corp. 0.82% 150,378 $27.6M Add +142.4%
NEE Nextera Energy Inc. 0.82% 343,422 $27.6M Add +92.6%
VGSH Vanguard Short-Term Treasury 0.80% 462,117 $27.2M New
XOM Exxon Mobil Corp. 0.80% 224,605 $27.1M Add +171.2%
QQQ Invesco QQQ Trust Series 1 0.77% 41,898 $25.9M Add +255.2%
JNJ Johnson & Johnson 0.75% 122,054 $25.3M Add +201.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.74% 219,462 $25.1M Add +93.9%
GVI iShares Intermediate Governm 0.69% 217,375 $23.4M Add +625.3%
PEP Pepsico Inc. 0.68% 159,735 $22.9M Add +15.3%
EFG iShares MSCI Eafe Growth ETF 0.64% 189,470 $21.7M New
ABT Abbott Laboratories 0.63% 170,756 $21.4M Add +15.2%
AMGN Amgen Inc. 0.61% 63,082 $20.7M Add +54.5%
C Citigroup Inc. 0.57% 164,570 $19.3M Add +5372.9%
CSCO Cisco Systems Inc. 0.56% 245,589 $19.0M Add +183.5%
COST Costco Wholesale Corp. 0.56% 21,859 $18.9M Add +68.1%
PG The Procter & Gamble Co. 0.56% 131,281 $18.9M Add +117.3%
KLAC KLA Corp. 0.53% 14,448 $18.0M New
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.53% 153,911 $18.0M Add +451.0%
VTV Vanguard Mrngstr Val ETF-Aui 0.50% 88,781 $17.0M Add +6.1%
ETN Eaton Corp. PLC 0.49% 52,192 $16.7M Add +74.2%
BLK BlackRock Inc. 0.49% 15,459 $16.6M Add +10.7%
LLY Eli Lilly & Co. 0.48% 15,048 $16.2M Add +50.3%
IJH iShares Core S&P Midcap ETF 0.47% 236,851 $15.7M Add +219.9%
TMO Thermo Fisher Scientific Inc. 0.47% 26,997 $15.7M Add +827.7%
LFUS Littelfuse Inc. 0.46% 61,213 $15.5M Add +3.9%
VIG Vanguard Dividend Apprec ETF 0.45% 69,186 $15.3M Add +1388.8%
OEF iShares S&P 100 ETF 0.45% 43,735 $15.1M New
VUG Vanguard Mrngstar GR ETF-Sui 0.45% 30,895 $15.1M Add +17.7%
ACN Accenture PLC Class A 0.44% 55,707 $15.0M Add +60.1%
VEU Vanguard Ftse All-World Ex-U 0.44% 201,830 $14.9M Add +1694.0%
V Visa Inc. Class A 0.43% 41,353 $14.5M Add +52.6%
CRM Salesforce Inc. 0.42% 53,999 $14.3M New
SCHW Schwab (charles) Corp. 0.41% 137,033 $13.7M Add +2373.1%
MKL Markel Group Inc. 0.40% 6,303 $13.5M Reduce -20.1%
SUB iShares Short-Term National 0.39% 124,661 $13.3M New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.39% 86,523 $13.3M Reduce -5.9%
UYLD Angel Oak Ultrashort Income 0.39% 258,000 $13.2M New
PM Philip Morris International 0.39% 80,476 $13.0M Add +4837.2%
IWD iShares Russell 1000 Value E 0.38% 60,014 $12.7M New
UNP Union Pacific Corp. 0.38% 54,635 $12.7M Add +35.8%
VEA Vanguard Ftse Developed ETF 0.37% 202,358 $12.6M Add +3.5%
PTC PTC Inc. 0.37% 72,399 $12.6M Add +0.7%
MRK Merck & Co. Inc. 0.37% 118,700 $12.6M Add +261.7%
TSLA Tesla Inc. 0.36% 27,075 $12.2M Add +117.9%
BR Broadridge Financial Solutio 0.35% 52,638 $11.7M Reduce -0.1%
SHEL Shell PLC-ADR 0.35% 157,913 $11.7M Add +1183.8%
ORCL Oracle Corp. 0.34% 58,145 $11.4M Add +190.4%
AMD Advanced Micro Devices 0.34% 53,091 $11.4M Add +103.0%
VONV Vanguard Russell 1000 Value 0.33% 120,685 $11.2M New
CFR Cullen/Frost Bankers Inc. 0.33% 88,389 $11.2M Reduce -13.5%
MDY State Street SPDR S&P Midcap 0.32% 17,983 $11.0M New
HD Home Depot Inc. 0.32% 31,133 $10.7M Add +89.9%
IEF iShares 7-10 Year Treasury B 0.31% 109,033 $10.5M Add +215.3%
DGX Quest Diagnostics Inc. 0.31% 60,199 $10.5M Add +29.9%
IEFA iShares Core MSCI Eafe ETF 0.31% 115,155 $10.3M New
MA Mastercard Inc. Class A 0.30% 17,678 $10.1M Add +50.7%
EMR Emerson Electric Co. 0.30% 74,866 $10.1M Add +1306.7%
VYM Vanguard High DVD Yield ETF 0.29% 68,742 $9.9M Add +1906.5%
EOG EOG Resources Inc. 0.29% 93,454 $9.8M Add +0.1%
MRVL Marvell Technology Inc. 0.29% 112,924 $9.8M New
COP Conocophillips 0.29% 103,658 $9.7M Add +21.1%
VTWO Vanguard Russell 2000 ETF 0.28% 95,657 $9.6M Add +2646.4%
JEPI JPMorgan Equity Premium Inco 0.28% 164,605 $9.5M New
TRV The Travelers Cos Inc. 0.28% 32,640 $9.5M Reduce -12.3%
RS Reliance Inc. 0.28% 32,612 $9.4M Add +13.9%
SO The Southern Co. 0.28% 107,421 $9.4M Add +181.8%
LIN Linde PLC 0.27% 21,507 $9.2M Add +173.2%
TXN Texas Instruments Inc. 0.27% 52,867 $9.2M Reduce -1.9%
PRU Prudential Financial Inc. 0.27% 80,500 $9.2M New
ORLY O'reilly Automotive Inc. 0.27% 98,939 $9.0M Add +6.1%
FDX FedEx Corp. 0.26% 30,646 $8.9M New
ZBH Zimmer Biomet Holdings Inc. 0.26% 98,467 $8.9M New
WFC Wells Fargo & Co. 0.26% 94,411 $8.8M Add +25.4%
BKNG Booking Holdings Inc. 0.26% 1,642 $8.8M Reduce -18.1%
KO The Coca-Cola Co. 0.26% 125,473 $8.8M Add +40.2%
CAT Caterpillar Inc. 0.26% 15,179 $8.8M New
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.26% 29,947 $8.7M Add +132.8%
ABBV Abbvie Inc. 0.26% 38,109 $8.7M Add +33.8%

Show all 503 holdings

Portfolio Sells Q3 2025 → Q4 2025
LEBENS FAMILY ENTERPRISES II Sold out 0.00% −0.99
HUNZEKER HOLDINGS, LLC CLASS Sold out 0.00% −0.70
MCGOO PARTNERSHIP, LLP Sold out 0.00% −0.69
MKL Markel Group Inc. Reduce -20.1% 0.40% −0.55
BLACK CAT III LLC Sold out 0.00% −0.54
ZTS Zoetis Inc. Reduce -84.4% 0.04% −0.52
CFR Cullen/Frost Bankers Inc. Reduce -13.5% 0.33% −0.49
TJX TJX Companies Inc. Reduce -5.9% 0.39% −0.45
BR Broadridge Financial Solutio Reduce -0.1% 0.35% −0.45
BKNG Booking Holdings Inc. Reduce -18.1% 0.26% −0.42
TRV The Travelers Cos Inc. Reduce -12.3% 0.28% −0.38
PWR Quanta Services Inc. Reduce -15.8% 0.25% −0.38
TOWNSEND CORE REAL ESTATE FU Sold out 0.00% −0.37
ECL Ecolab Inc. Reduce -32.9% 0.15% −0.36
TXN Texas Instruments Inc. Reduce -1.9% 0.27% −0.35
BAX Baxter International Inc. Sold out 0.00% −0.35
XEL Xcel Energy Inc. Reduce -7.7% 0.23% −0.34
LEBENS FAMILY ENTERPRISES IV Sold out 0.00% −0.34
HCM CAYMAN FEEDER LIMTED Sold out 0.00% −0.32
MDLZ Mondelez International Inc. Class A Reduce -8.2% 0.19% −0.32
CDW CDW Corp. Reduce -90.3% 0.01% −0.31
RHI Robert Half Inc. Reduce -29.6% 0.11% −0.30
JLL Jones Lang Lasalle Inc. Reduce -15.6% 0.24% −0.29
LEBENS INVESTMENTS (MCCARTHY Sold out 0.00% −0.28
MCCARTHY GROUP, LLC Sold out 0.00% −0.25
MANH Manhattan Associates Inc. Reduce -44.8% 0.07% −0.23
USB US Bancorp Reduce -4.9% 0.22% −0.23
TOWNSEND REAL ESTATE FUND-E Sold out 0.00% −0.22
KEYS Keysight Technologies Inc. Reduce -20.7% 0.17% −0.22
RVTY Revvity Inc. Reduce -7.3% 0.20% −0.21
MTZ Mastec Inc. Reduce -19.3% 0.13% −0.21
RPM RPM International Inc. Reduce -0.8% 0.14% −0.20
MS Morgan Stanley Reduce -20.1% 0.14% −0.19
GLW Corning Inc. Reduce -25.9% 0.11% −0.19
APH Amphenol Corp. Class A Reduce -19.1% 0.13% −0.18
FISV Fiserv Inc. Sold out 0.00% −0.18
DUK Duke Energy Corp. Reduce -65.3% 0.03% −0.18
TKR Timken Co. Sold out 0.00% −0.17
PAYC Paycom Software Inc. Reduce -89.5% 0.01% −0.15
BRO Brown & Brown Inc. Reduce -1.8% 0.10% −0.15
STT State Street Corp. Reduce -18.4% 0.11% −0.14
CTAS Cintas Corp. Reduce -1.6% 0.10% −0.14
CASY Casey's General Stores Inc. Reduce -28.1% 0.07% −0.14
LDOS Leidos Holdings Inc. Reduce -3.5% 0.10% −0.14
LAMR Lamar Advertising Co. Class A Reduce -0.3% 0.12% −0.13
UTHR United Therapeutics Corp. Reduce -28.2% 0.09% −0.13
OLLI Ollie's Bargain Outlet Holdi Reduce -1.1% 0.09% −0.13
FR First Industrial Realty TR Reduce -24.1% 0.08% −0.13
NTRS Northern Trust Corp. Reduce -0.8% 0.11% −0.13
NPO Enpro Inc. Reduce -5.2% 0.09% −0.13

Portfolio Buys Q3 2025 → Q4 2025
IVV iShares Core S&P 500 ETF Add +1387.8% 3.02% +2.60
VTI VG Morningstar TS MKT ETF-US Add +1948.0% 2.79% +2.51
VXUS Vanguard Total Intl Stock Add +29407.3% 2.46% +2.44
BRK.B Berkshire Hathaway Inc. Class B Add +441.5% 3.28% +1.99
EFA iShares MSCI Eafe ETF Add +1551.8% 1.45% +1.27
WMT Walmart Inc. Add +659.1% 1.41% +1.05
BRK.A Berkshire Hathaway Inc. Class A Add +4500.0% 1.03% +0.98
VONG Vanguard Russell 1000 Growth New 0.98% +0.98
VGSH Vanguard Short-Term Treasury New 0.80% +0.80
IWF iShares Russell 1000 Growth Add +4345.3% 0.84% +0.80
GOOG Alphabet Inc. Class C Add +164.3% 2.03% +0.76
EFG iShares MSCI Eafe Growth ETF New 0.64% +0.64
C Citigroup Inc. Add +5372.9% 0.57% +0.55
KLAC KLA Corp. New 0.53% +0.53
GVI iShares Intermediate Governm Add +625.3% 0.69% +0.49
OEF iShares S&P 100 ETF New 0.45% +0.45
CRM Salesforce Inc. New 0.42% +0.42
SUB iShares Short-Term National New 0.39% +0.39
UYLD Angel Oak Ultrashort Income New 0.39% +0.39
VEU Vanguard Ftse All-World Ex-U Add +1694.0% 0.44% +0.39
VIG Vanguard Dividend Apprec ETF Add +1388.8% 0.45% +0.39
IWD iShares Russell 1000 Value E New 0.38% +0.38
TMO Thermo Fisher Scientific Inc. Add +827.7% 0.47% +0.38
SCHW Schwab (charles) Corp. Add +2373.1% 0.41% +0.37
PM Philip Morris International Add +4837.2% 0.39% +0.37
BNY Bank of New York Mellon Corp. Add +451.0% 0.53% +0.34
VONV Vanguard Russell 1000 Value New 0.33% +0.33
MDY State Street SPDR S&P Midcap New 0.32% +0.32
QQQ Invesco QQQ Trust Series 1 Add +255.2% 0.77% +0.32
IEFA iShares Core MSCI Eafe ETF New 0.31% +0.31
MRVL Marvell Technology Inc. New 0.29% +0.29
SHEL Shell PLC-ADR Add +1183.8% 0.35% +0.29
JEPI JPMorgan Equity Premium Inco New 0.28% +0.28
JNJ Johnson & Johnson Add +201.4% 0.75% +0.27
PRU Prudential Financial Inc. New 0.27% +0.27
FDX FedEx Corp. New 0.26% +0.26
ZBH Zimmer Biomet Holdings Inc. New 0.26% +0.26
VYM Vanguard High DVD Yield ETF Add +1906.5% 0.29% +0.26
VTWO Vanguard Russell 2000 ETF Add +2646.4% 0.28% +0.26
CAT Caterpillar Inc. New 0.26% +0.26
EMR Emerson Electric Co. Add +1306.7% 0.30% +0.26
RY Royal Bank of Canada New 0.25% +0.25
HR Healthcare Realty Trust Inc. New 0.23% +0.23
CCI Crown Castle Inc. New 0.22% +0.22
PYPL PayPal Holdings Inc. New 0.22% +0.22
WBD Warner Bros Discovery Inc. New 0.21% +0.21
XOM Exxon Mobil Corp. Add +171.2% 0.80% +0.21
NVS Novartis AG-Sponsored ADR New 0.21% +0.21
MDT Medtronic PLC Add +1828.3% 0.24% +0.21
J Jacobs Solutions Inc. New 0.20% +0.20

Notes & Other Activity Q3 2025 → Q4 2025
THE HUNDRED ACRE WOODS LLC SHS Sold out 0 $2.7Mbefore exit
STRAUSS HOUSE, LLC SHS Sold out 0 $1.2Mbefore exit

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

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 505$3.5BIVV, DFAI, AAPL, VTI, VXUS
Q1 2026 497$3.2BDFAI, IVV, AAPL, VTI, MSFT
Q4 2025 503$3.4BMSFT, BRK.B, AAPL, IVV, VTI
Q3 2025 314$1.6BMSFT, DFAI, AAPL, NVDA, JPM
Q2 2025 309$1.5BMSFT, DFAI, AAPL, NVDA, JPM
Q1 2025 306$1.5BAAPL, MSFT, DFAI, JPM, AMZN
Q4 2024 306$1.5BMSFT, AAPL, DFAI, JPM, AMZN
Q3 2024 301$1.6BMSFT, AAPL, JPM, AMZN, DFAI
Q2 2024 306$1.5BMSFT, AAPL, JPM, AMZN, NVDA
Q1 2024Amended 306$1.5BAAPL, MSFT, DFAI, JPM, AMZN