First National Bank Sioux Falls

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 13, 2025), First National Bank Sioux Falls reported 129 stock positions worth $234.8 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 11.0% of the portfolio, followed by iShares Core MSCI Dev MKTS (IDEV, 7.1%) and Avantis International Equity (AVDE, 6.5%). Compared with Q3 2024, it opened 4 new positions, sold out of 2, added to 18 and reduced 25. The biggest buy was Amazon.com (AMZN, shares +905%) and the biggest sale iShares MSCI Emerging Market (EEM, shares −54%).

Most Recent 13F
Q2 2026
Location
SIOUX FALLS, SD
CIK
0001085041
Portfolio Value
$234.8M (Q4 2024)
SEC Filing
0001085041-25-000001 ↗ filed Jan 13, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $183.2M Q1 2024 Q2 2024: $192.7M Q2 2024 Q3 2024: $219.9M Q3 2024 Q4 2024: $234.8M $234.8M Q4 2024 Q1 2025: $247.1M Q1 2025 Q2 2025: $272.5M Q2 2025 Q3 2025: $320.7M Q3 2025 Q4 2025: $334.0M Q4 2025 Q1 2026: $365.5M Q1 2026 Q2 2026: $365.5M Q2 2026

Holdings 129 stocks · $234.8M
VOO Vanguard S&P 500 ETF 10.96% 47,777 $25.7M Add +9.6%
IDEV iShares Core MSCI Dev MKTS 7.13% 259,638 $16.7M Add +16.2%
AVDE Avantis International Equity 6.48% 247,984 $15.2M Add +13.3%
AVLV Avantis US Large Cap Value 5.03% 176,862 $11.8M Add +12.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 4.47% 39,701 $10.5M Add +15.4%
VTV Vanguard Mrngstr Val ETF-Aui 3.32% 45,993 $7.8M Add +6.9%
DFAX Dimensional World Ex US Core 3.31% 312,596 $7.8M No change
DFAS Dimensional US Small Cap ETF 3.13% 112,981 $7.4M Add +7.5%
SCHG Schwab US Large-Cap Growth 2.85% 240,346 $6.7M Add +2.9%
AVUV Avantis US Small Cap Value 2.68% 65,304 $6.3M Add +5.3%
AAPL Apple Inc. 2.42% 22,671 $5.7M No change
DFUV Dimensional US Marketwide Va 2.34% 134,254 $5.5M No change
BRK.B Berkshire Hathaway Inc. Class B 2.20% 11,371 $5.2M Reduce -0.1%
APO Apollo Global Management Inc. 1.98% 28,127 $4.6M Reduce -2.2%
AMZN Amazon.com Inc. 1.75% 18,690 $4.1M Add +904.8%
V Visa Inc. Class A 1.73% 12,852 $4.1M No change
AVDV Avantis Intl S/C Value ETF 1.71% 61,638 $4.0M Add +12.1%
RSP Invesco S&P 500 Equal Weight 1.59% 21,302 $3.7M Add +33.7%
SPY SS SPDR S&P 500 ETF Trust-US 1.48% 5,929 $3.5M No change
MSFT Microsoft Corp. 1.35% 7,540 $3.2M Add +18.9%
BX Blackstone Inc. 1.23% 16,693 $2.9M No change
IWF iShares Russell 1000 Growth 1.18% 6,913 $2.8M Reduce -0.2%
ORCL Oracle Corp. 0.91% 12,808 $2.1M No change
CAT Caterpillar Inc. 0.90% 5,851 $2.1M No change
JPM JPMorgan Chase & Co. 0.88% 8,599 $2.1M No change
KKR KKR & Co. Inc. 0.87% 13,888 $2.1M No change
IWP iShares Russell Mid-Cap Grow 0.83% 15,290 $1.9M No change
GOOGL Alphabet Inc. Class A 0.82% 10,159 $1.9M Reduce -0.2%
Minnehaha Banshares Inc-Common 0.77% 9,174 $1.8M No change
MA Mastercard Inc. Class A 0.73% 3,253 $1.7M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.61% 32,438 $1.4M Reduce -0.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.59% 3,388 $1.4M Reduce -0.9%
MUB iShares National Muni Bond E 0.57% 12,551 $1.3M No change
CSX CSX Corp. 0.56% 40,500 $1.3M No change
SHW The Sherwin-Williams Co. 0.53% 3,681 $1.3M No change
META Meta Platforms Inc. Class A 0.50% 2,005 $1.2M No change
UNP Union Pacific Corp. 0.49% 5,056 $1.2M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.48% 10,189 $1.1M No change
IVW iShares S&P 500 Growth ETF 0.48% 11,012 $1.1M No change
ABBV Abbvie Inc. 0.46% 6,113 $1.1M No change
WFC Wells Fargo & Co. 0.42% 14,137 $993K No change
LLY Eli Lilly & Co. 0.41% 1,247 $963K No change
XOM Exxon Mobil Corp. 0.40% 8,814 $948K Reduce -0.1%
BBN BlackRock Taxable Muni BND 0.40% 58,446 $942K No change
IWO iShares Russell 2000 Growth 0.39% 3,159 $909K No change
UBER Uber Technologies Inc. 0.38% 14,709 $887K Add +19.0%
VYM Vanguard High DVD Yield ETF 0.35% 6,484 $827K No change
UNH Unitedhealth Group Inc. 0.35% 1,625 $822K No change
DFAU Dimensional US Core Equity M 0.34% 19,461 $788K Reduce -2.4%
NOW ServiceNow Inc. 0.33% 740 $784K No change
EXPE Expedia Group Inc. 0.33% 4,176 $778K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.33% 6,400 $773K No change
PG The Procter & Gamble Co. 0.32% 4,436 $744K No change
JNJ Johnson & Johnson 0.31% 5,060 $732K No change
ORLY O'reilly Automotive Inc. 0.31% 616 $730K No change
IJH iShares Core S&P Midcap ETF 0.31% 11,569 $721K Reduce -0.1%
VNQ Vanguard Real Estate ETF 0.30% 7,928 $706K No change
PM Philip Morris International 0.29% 5,717 $688K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.28% 3,025 $665K No change
NVDA Nvidia Corp. 0.27% 4,690 $630K No change
CVX Chevron Corp. 0.27% 4,341 $629K Reduce -0.1%
VNO Vornado Realty Trust 0.26% 14,621 $615K Reduce -4.5%
TRV The Travelers Cos Inc. 0.26% 2,549 $614K No change
GOOG Alphabet Inc. Class C 0.26% 3,157 $601K Reduce -0.6%
IEFA iShares Core MSCI Eafe ETF 0.25% 8,503 $598K Reduce -1.2%
CMF iShares California Muni Bond 0.25% 10,222 $586K Add +2.2%
AVGO Broadcom Inc. 0.25% 2,520 $584K No change
SBUX Starbucks Corp. 0.24% 6,292 $574K No change
CSCO Cisco Systems Inc. 0.24% 9,677 $573K No change
CMI Cummins Inc. 0.24% 1,600 $558K No change
DFCA Dimensional Calfornia MB ETF 0.23% 11,000 $551K No change
BMY Bristol-Myers Squibb Co. 0.22% 9,195 $520K No change
SPG Simon Property Group Inc. 0.22% 2,965 $511K No change
SYLD Cambria Shareholder Yield Et 0.21% 7,162 $490K Add +42.0%
VEA Vanguard Ftse Developed ETF 0.21% 10,108 $483K Reduce -42.1%
LMT Lockheed Martin Corp. 0.21% 993 $483K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.20% 2,428 $481K No change
MCD McDonald's Corp. 0.19% 1,519 $440K No change
ABT Abbott Laboratories 0.19% 3,890 $440K No change
MNST Monster Beverage Corp. 0.19% 8,310 $437K No change
PEP Pepsico Inc. 0.18% 2,826 $430K No change
GLD SPDR Gold Shares 0.18% 1,755 $425K Reduce -12.3%
WM Waste Management Inc. 0.18% 2,105 $425K No change
HD Home Depot Inc. 0.18% 1,066 $415K No change
DBA Invesco DB Agriculture Fund 0.17% 15,430 $410K Reduce -21.8%
CRM Salesforce Inc. 0.17% 1,200 $401K No change
TGT Target Corp. 0.17% 2,962 $400K No change
GD General Dynamics Corp. 0.17% 1,477 $389K No change
LOW Lowe's Cos Inc. 0.17% 1,574 $388K No change
AWI Armstrong World Industries 0.16% 2,661 $376K No change
PSX Phillips 66 0.15% 3,184 $363K No change
DGRW Wisdomtree U.S. Quality Divi 0.15% 4,449 $360K Add +30.6%
WMT Walmart Inc. 0.15% 3,984 $360K No change
NEE Nextera Energy Inc. 0.15% 4,918 $353K No change
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.15% 828 $352K Reduce -44.8%
ADP Automatic Data Processing 0.15% 1,200 $351K No change
SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD 0.15% 8,100 $344K No change
APD Air Products & Chemicals Inc. 0.15% 1,178 $342K No change
EA Electronic Arts Inc. 0.14% 2,274 $333K No change
EEM iShares MSCI Emerging Market 0.14% 7,839 $328K Reduce -54.5%

Show all 129 holdings

Portfolio Sells Q3 2024 → Q4 2024
EEM iShares MSCI Emerging Market Reduce -54.5% 0.14% −0.22
BHK BlackRock Core Bond Trust Sold out 0.00% −0.22
VEA Vanguard Ftse Developed ETF Reduce -42.1% 0.21% −0.21
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.1% 2.20% −0.19
DIA SS SPDR Dow Jones Indus Avg Reduce -44.8% 0.15% −0.14
EFA iShares MSCI Eafe ETF Sold out 0.00% −0.10
XOM Exxon Mobil Corp. Reduce -0.1% 0.40% −0.07
DBA Invesco DB Agriculture Fund Reduce -21.8% 0.17% −0.06
IAU iShares Gold Trust Reduce -32.3% 0.09% −0.05
IEFA iShares Core MSCI Eafe ETF Reduce -1.2% 0.25% −0.05
DLTR Dollar Tree Inc. Reduce -30.6% 0.11% −0.05
MRK Merck & Co. Inc. Reduce -14.2% 0.12% −0.05
GLD SPDR Gold Shares Reduce -12.3% 0.18% −0.04
ADBE Adobe Inc. Reduce -0.7% 0.13% −0.03
DG Dollar General Corp. Reduce -5.4% 0.10% −0.02
DFAU Dimensional US Core Equity M Reduce -2.4% 0.34% −0.02
CVX Chevron Corp. Reduce -0.1% 0.27% −0.02
PFE Pfizer Inc. Reduce -6.6% 0.09% −0.02
IJH iShares Core S&P Midcap ETF Reduce -0.1% 0.31% −0.02
VNO Vornado Realty Trust Reduce -4.5% 0.26% −0.01
IVV iShares Core S&P 500 ETF Reduce -3.4% 0.11% −0.01
VUG Vanguard Mrngstar GR ETF-Sui Reduce -0.9% 0.59% −0.00
IWF iShares Russell 1000 Growth Reduce -0.2% 1.18% −0.00
GOOG Alphabet Inc. Class C Reduce -0.6% 0.26% +0.01
BAC Bank of America Corp. Reduce -0.3% 0.61% +0.02
GOOGL Alphabet Inc. Class A Reduce -0.2% 0.82% +0.05
APO Apollo Global Management Inc. Reduce -2.2% 1.98% +0.34

Portfolio Buys Q3 2024 → Q4 2024
AMZN Amazon.com Inc. Add +904.8% 1.75% +1.59
VOO Vanguard S&P 500 ETF Add +9.6% 10.96% +0.50
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +15.4% 4.47% +0.34
AVLV Avantis US Large Cap Value Add +12.2% 5.03% +0.31
RSP Invesco S&P 500 Equal Weight Add +33.7% 1.59% +0.29
CTSH Cognizant Tech Solutions-A New 0.13% +0.13
MTBA Simplify MBS ETF New 0.13% +0.13
MSFT Microsoft Corp. Add +18.9% 1.35% +0.11
AVSC Avantis US Small Cap Equity New 0.10% +0.10
SCHG Schwab US Large-Cap Growth Add +2.9% 2.85% +0.09
SRE Sempra New 0.09% +0.09
SYLD Cambria Shareholder Yield Et Add +42.0% 0.21% +0.04
DFAS Dimensional US Small Cap ETF Add +7.5% 3.13% +0.03
DGRW Wisdomtree U.S. Quality Divi Add +30.6% 0.15% +0.02
CMF iShares California Muni Bond Add +2.2% 0.25% −0.01
AVUV Avantis US Small Cap Value Add +5.3% 2.68% −0.02
NKE Nike Inc. Class B Add +0.7% 0.12% −0.03
UBER Uber Technologies Inc. Add +19.0% 0.38% −0.04
AVDV Avantis Intl S/C Value ETF Add +12.1% 1.71% −0.06
IDEV iShares Core MSCI Dev MKTS Add +16.2% 7.13% −0.07
VTV Vanguard Mrngstr Val ETF-Aui Add +6.9% 3.32% −0.10
AVDE Avantis International Equity Add +13.3% 6.48% −0.19

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 147$365.5MVOO, JMTG, AVDE, IDEV, AVLV
Q1 2026 147$365.5MVOO, JMTG, AVDE, IDEV, AVLV
Q4 2025 139$334.0MVOO, JMTG, AVDE, IDEV, AVLV
Q3 2025 138$320.7MJMTG, VOO, AVDE, IDEV, AVLV
Q2 2025 134$272.5MVOO, AVDE, IDEV, AVLV, VO
Q1 2025 132$247.1MVOO, AVDE, IDEV, AVLV, VO
Q4 2024 129$234.8MVOO, IDEV, AVDE, AVLV, VO
Q3 2024 127$219.9MVOO, IDEV, AVDE, AVLV, VO
Q2 2024 126$192.7MVOO, IDEV, AVDE, AVLV, DFAX
Q1 2024 128$183.2MVOO, IDEV, AVDE, DFAX, AVLV