First National Bank Sioux Falls
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 1, 2025), First National Bank Sioux Falls reported 134 stock positions worth $272.5 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 8.7% of the portfolio, followed by Avantis International Equity (AVDE, 7.3%) and iShares Core MSCI Dev MKTS (IDEV, 6.8%). Compared with Q1 2025, it opened 9 new positions, sold out of 7, added to 52 and reduced 34. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +37%) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −10%).
- Most Recent 13F
- Q2 2026
- Location
- SIOUX FALLS, SD
- CIK
- 0001085041
- Portfolio Value
- $272.5M (Q2 2025)
- SEC Filing
- 0001085041-25-000003 ↗ filed Jul 1, 2025
Holdings Value
Holdings 134 stocks · $272.5M
| VOO Vanguard S&P 500 ETF | 8.75% | 41,969 | $23.8M | Reduce -10.1% |
| AVDE Avantis International Equity | 7.29% | 268,328 | $19.9M | Add +6.8% |
| IDEV iShares Core MSCI Dev MKTS | 6.79% | 243,310 | $18.5M | Add +1.4% |
| AVLV Avantis US Large Cap Value | 5.21% | 208,306 | $14.2M | Add +5.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 4.80% | 46,699 | $13.1M | Add +4.3% |
| RSP Invesco S&P 500 Equal Weight | 3.79% | 56,843 | $10.3M | Add +37.1% |
| VTV Vanguard Mrngstr Val ETF-Aui | 3.48% | 53,716 | $9.5M | Add +4.7% |
| DFAX Dimensional World Ex US Core | 3.32% | 308,472 | $9.1M | No change |
| DFAS Dimensional US Small Cap ETF | 3.02% | 129,368 | $8.2M | Reduce -1.1% |
| SCHG Schwab US Large-Cap Growth | 2.93% | 272,990 | $8.0M | Add +3.2% |
| AVUV Avantis US Small Cap Value | 2.40% | 71,646 | $6.5M | Add +1.6% |
| DFUV Dimensional US Marketwide Va | 2.08% | 134,254 | $5.7M | No change |
| AMZN Amazon.com Inc. | 2.06% | 25,606 | $5.6M | Add +25.5% |
| AVDV Avantis Intl S/C Value ETF | 2.02% | 69,302 | $5.5M | Add +4.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.92% | 10,768 | $5.2M | Reduce -0.6% |
| AAPL Apple Inc. | 1.68% | 22,357 | $4.6M | Reduce -8.7% |
| V Visa Inc. Class A | 1.66% | 12,767 | $4.5M | Reduce -0.7% |
| APO Apollo Global Management Inc. | 1.52% | 29,169 | $4.1M | Add +3.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.34% | 5,929 | $3.7M | No change |
| MSFT Microsoft Corp. | 1.33% | 7,264 | $3.6M | Reduce -17.8% |
| IWF iShares Russell 1000 Growth | 1.10% | 7,036 | $3.0M | Reduce -0.1% |
| DFAI Dimensional International Co. | 1.03% | 81,269 | $2.8M | Add +15.1% |
| ORCL Oracle Corp. | 1.01% | 12,630 | $2.8M | Reduce -1.4% |
| BX Blackstone Inc. | 0.90% | 16,446 | $2.5M | Reduce -1.5% |
| JPM JPMorgan Chase & Co. | 0.88% | 8,294 | $2.4M | Reduce -0.8% |
| CAT Caterpillar Inc. | 0.81% | 5,653 | $2.2M | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 0.80% | 12,321 | $2.2M | Add +2.6% |
| IWP iShares Russell Mid-Cap Grow | 0.78% | 15,290 | $2.1M | No change |
| META Meta Platforms Inc. Class A | 0.74% | 2,745 | $2.0M | Add +6.8% |
| KKR KKR & Co. Inc. | 0.67% | 13,674 | $1.8M | Reduce -1.5% |
| Minnehaha Banshares Inc-Common | 0.66% | 9,174 | $1.8M | No change |
| MA Mastercard Inc. Class A | 0.65% | 3,160 | $1.8M | Reduce -2.9% |
| VEA Vanguard Ftse Developed ETF | 0.62% | 29,440 | $1.7M | No change |
| UBER Uber Technologies Inc. | 0.59% | 17,091 | $1.6M | Add +16.2% |
| AVMV Avantis US Mid Cap Val ETF | 0.55% | 22,934 | $1.5M | Add +17.2% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.55% | 3,388 | $1.5M | No change |
| MTBA Simplify MBS ETF | 0.54% | 29,273 | $1.5M | Add +56.3% |
| XOM Exxon Mobil Corp. | 0.52% | 13,151 | $1.4M | Reduce -4.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.51% | 29,311 | $1.4M | Reduce -9.6% |
| CSX CSX Corp. | 0.48% | 40,500 | $1.3M | No change |
| MUB iShares National Muni Bond E | 0.48% | 12,551 | $1.3M | No change |
| SHW The Sherwin-Williams Co. | 0.46% | 3,681 | $1.3M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.46% | 10,125 | $1.3M | Reduce -0.6% |
| IVW iShares S&P 500 Growth ETF | 0.44% | 11,012 | $1.2M | No change |
| ABBV Abbvie Inc. | 0.43% | 6,354 | $1.2M | Add +0.2% |
| UNP Union Pacific Corp. | 0.42% | 4,958 | $1.1M | Reduce -1.9% |
| WFC Wells Fargo & Co. | 0.42% | 14,167 | $1.1M | Add +0.2% |
| PEP Pepsico Inc. | 0.39% | 8,041 | $1.1M | Reduce -11.6% |
| WST West Pharmaceutical Services | 0.38% | 4,727 | $1.0M | Add +121.4% |
| PM Philip Morris International | 0.36% | 5,460 | $994K | Add +0.1% |
| LLY Eli Lilly & Co. | 0.36% | 1,257 | $980K | Add +0.8% |
| BBN BlackRock Taxable Muni BND | 0.35% | 58,446 | $942K | No change |
| IWO iShares Russell 2000 Growth | 0.33% | 3,159 | $903K | No change |
| DHR Danaher Corp. | 0.33% | 4,521 | $893K | New |
| VYM Vanguard High DVD Yield ETF | 0.33% | 6,691 | $892K | Add +0.3% |
| DFAU Dimensional US Core Equity M | 0.30% | 19,461 | $824K | No change |
| ORLY O'reilly Automotive Inc. | 0.29% | 8,899 | $802K | Reduce -3.7% |
| ASML ASML Holding NV-NY Reg SHS | 0.29% | 979 | $785K | New |
| IEFA iShares Core MSCI Eafe ETF | 0.28% | 9,167 | $765K | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 6,178 | $763K | Reduce -3.5% |
| NOW ServiceNow Inc. | 0.28% | 742 | $763K | Add +0.3% |
| IJH iShares Core S&P Midcap ETF | 0.28% | 12,259 | $760K | Add +6.0% |
| CVX Chevron Corp. | 0.26% | 4,874 | $698K | Add +0.8% |
| PG The Procter & Gamble Co. | 0.26% | 4,374 | $697K | Reduce -1.4% |
| EXPE Expedia Group Inc. | 0.25% | 4,092 | $690K | Reduce -2.0% |
| TRV The Travelers Cos Inc. | 0.25% | 2,564 | $686K | Add +0.7% |
| JNJ Johnson & Johnson | 0.25% | 4,383 | $670K | Reduce -9.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.24% | 2,193 | $646K | Reduce -1.4% |
| KO The Coca-Cola Co. | 0.23% | 8,969 | $635K | Add +0.5% |
| SBUX Starbucks Corp. | 0.22% | 6,641 | $609K | Add +10.5% |
| VNO Vornado Realty Trust | 0.22% | 15,710 | $601K | Add +7.5% |
| CSCO Cisco Systems Inc. | 0.22% | 8,544 | $593K | Reduce -11.7% |
| GOOG Alphabet Inc. Class C | 0.21% | 3,185 | $565K | Add +0.9% |
| SYLD Cambria Shareholder Yield Et | 0.20% | 8,253 | $537K | Add +3.0% |
| GLD SPDR Gold Shares | 0.20% | 1,755 | $535K | No change |
| ABT Abbott Laboratories | 0.19% | 3,877 | $527K | Reduce -0.3% |
| CMI Cummins Inc. | 0.19% | 1,600 | $524K | No change |
| MNST Monster Beverage Corp. | 0.19% | 8,310 | $521K | No change |
| HD Home Depot Inc. | 0.18% | 1,367 | $501K | Add +0.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.18% | 2,514 | $490K | Add +3.5% |
| LOW Lowe's Cos Inc. | 0.18% | 2,189 | $486K | Add +0.7% |
| UNH Unitedhealth Group Inc. | 0.17% | 1,525 | $476K | No change |
| SPG Simon Property Group Inc. | 0.17% | 2,941 | $473K | Reduce -0.8% |
| DLTR Dollar Tree Inc. | 0.17% | 4,704 | $466K | Add +59.4% |
| DFCA Dimensional Calfornia MB ETF | 0.17% | 9,451 | $466K | Reduce -21.2% |
| LMT Lockheed Martin Corp. | 0.17% | 993 | $460K | No change |
| AVGO Broadcom Inc. | 0.16% | 1,574 | $434K | Add +3.5% |
| DGRW Wisdomtree U.S. Quality Divi | 0.16% | 5,150 | $431K | Add +5.2% |
| BMY Bristol-Myers Squibb Co. | 0.16% | 9,274 | $429K | Add +0.9% |
| GE General Electric filed as GE AEROSPACE | 0.16% | 1,663 | $428K | Add +2.8% |
| GD General Dynamics Corp. | 0.15% | 1,407 | $410K | Add +0.1% |
| AWI Armstrong World Industries | 0.15% | 2,521 | $410K | Reduce -5.3% |
| MCD McDonald's Corp. | 0.14% | 1,342 | $392K | Add +0.2% |
| WMT Walmart Inc. | 0.14% | 3,942 | $385K | Reduce -0.1% |
| EEM iShares MSCI Emerging Market | 0.14% | 7,839 | $378K | No change |
| ADP Automatic Data Processing | 0.14% | 1,204 | $371K | Add +0.3% |
| EA Electronic Arts Inc. | 0.13% | 2,274 | $363K | No change |
| VNQ Vanguard Real Estate ETF | 0.13% | 4,017 | $358K | No change |
| PSX Phillips 66 | 0.13% | 2,946 | $351K | Reduce -7.5% |
| AEP American Electric Power | 0.13% | 3,375 | $350K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| VOO Vanguard S&P 500 ETF | Reduce -10.1% | 8.75% | −0.96 |
| AAPL Apple Inc. | Reduce -8.7% | 1.68% | −0.52 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.6% | 1.92% | −0.41 |
| CMF iShares California Muni Bond | Sold out | 0.00% | −0.23 |
| DBA Invesco DB Agriculture Fund | Sold out | 0.00% | −0.16 |
| PEP Pepsico Inc. | Reduce -11.6% | 0.39% | −0.16 |
| V Visa Inc. Class A | Reduce -0.7% | 1.66% | −0.16 |
| XOM Exxon Mobil Corp. | Reduce -4.9% | 0.52% | −0.15 |
| DFAS Dimensional US Small Cap ETF | Reduce -1.1% | 3.02% | −0.14 |
| TGT Target Corp. | Sold out | 0.00% | −0.13 |
| MRK Merck & Co. Inc. | Sold out | 0.00% | −0.10 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.09 |
| SHOO Steven Madden Ltd. | Sold out | 0.00% | −0.09 |
| AVEM Avantis Emerging Markets Eq | Sold out | 0.00% | −0.09 |
| WM Waste Management Inc. | Reduce -40.4% | 0.09% | −0.08 |
| JNJ Johnson & Johnson | Reduce -9.8% | 0.25% | −0.08 |
| DFCA Dimensional Calfornia MB ETF | Reduce -21.2% | 0.17% | −0.07 |
| MA Mastercard Inc. Class A | Reduce -2.9% | 0.65% | −0.07 |
| UNP Union Pacific Corp. | Reduce -1.9% | 0.42% | −0.06 |
| ORLY O'reilly Automotive Inc. | Reduce -3.7% | 0.29% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -1.4% | 0.26% | −0.05 |
| BX Blackstone Inc. | Reduce -1.5% | 0.90% | −0.04 |
| BAC Bank of America Corp. | Reduce -9.6% | 0.51% | −0.04 |
| TJX TJX Companies Inc. | Reduce -3.5% | 0.28% | −0.04 |
| EXPE Expedia Group Inc. | Reduce -2.0% | 0.25% | −0.03 |
| PSX Phillips 66 | Reduce -7.5% | 0.13% | −0.03 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -14.9% | 0.11% | −0.03 |
| SPG Simon Property Group Inc. | Reduce -0.8% | 0.17% | −0.03 |
| CSCO Cisco Systems Inc. | Reduce -11.7% | 0.22% | −0.02 |
| MSFT Microsoft Corp. | Reduce -17.8% | 1.33% | −0.02 |
| ABT Abbott Laboratories | Reduce -0.3% | 0.19% | −0.02 |
| RTX RTX Corp. | Reduce -2.3% | 0.10% | −0.00 |
| AWI Armstrong World Industries | Reduce -5.3% | 0.15% | −0.00 |
| WMT Walmart Inc. | Reduce -0.1% | 0.14% | +0.00 |
| IBM Intl Business Machines Corp. | Reduce -1.4% | 0.24% | +0.01 |
| KKR KKR & Co. Inc. | Reduce -1.5% | 0.67% | +0.02 |
| CAT Caterpillar Inc. | Reduce -3.4% | 0.81% | +0.02 |
| JPM JPMorgan Chase & Co. | Reduce -0.8% | 0.88% | +0.05 |
| DIS The Walt Disney Co. | Reduce -0.6% | 0.46% | +0.05 |
| IWF iShares Russell 1000 Growth | Reduce -0.1% | 1.10% | +0.07 |
| ORCL Oracle Corp. | Reduce -1.4% | 1.01% | +0.29 |
Portfolio Buys Q1 2025 → Q2 2025
| RSP Invesco S&P 500 Equal Weight | Add +37.1% | 3.79% | +0.89 |
| AVDE Avantis International Equity | Add +6.8% | 7.29% | +0.55 |
| AMZN Amazon.com Inc. | Add +25.5% | 2.06% | +0.49 |
| DHR Danaher Corp. | New | 0.33% | +0.33 |
| ASML ASML Holding NV-NY Reg SHS | New | 0.29% | +0.29 |
| SCHG Schwab US Large-Cap Growth | Add +3.2% | 2.93% | +0.25 |
| WST West Pharmaceutical Services | Add +121.4% | 0.38% | +0.19 |
| MTBA Simplify MBS ETF | Add +56.3% | 0.54% | +0.16 |
| UBER Uber Technologies Inc. | Add +16.2% | 0.59% | +0.15 |
| AVDV Avantis Intl S/C Value ETF | Add +4.5% | 2.02% | +0.15 |
| META Meta Platforms Inc. Class A | Add +6.8% | 0.74% | +0.14 |
| DFAI Dimensional International Co. | Add +15.1% | 1.03% | +0.14 |
| TMO Thermo Fisher Scientific Inc. | New | 0.12% | +0.12 |
| NVDA Nvidia Corp. | New | 0.11% | +0.11 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +4.3% | 4.80% | +0.11 |
| IDEV iShares Core MSCI Dev MKTS | Add +1.4% | 6.79% | +0.10 |
| CAH Cardinal Health Inc. | New | 0.08% | +0.08 |
| GEV GE Vernova Inc. | New | 0.08% | +0.08 |
| DLTR Dollar Tree Inc. | Add +59.4% | 0.17% | +0.08 |
| QQQ Invesco QQQ Trust Series 1 | New | 0.08% | +0.08 |
| COF Capital One Financial Corp. | New | 0.07% | +0.07 |
| VYMI Vanguard Int High DVD YLD Inc. | New | 0.07% | +0.07 |
| AVMV Avantis US Mid Cap Val ETF | Add +17.2% | 0.55% | +0.06 |
| AVGO Broadcom Inc. | Add +3.5% | 0.16% | +0.06 |
| GOOGL Alphabet Inc. Class A | Add +2.6% | 0.80% | +0.05 |
| NOW ServiceNow Inc. | Add +0.3% | 0.28% | +0.04 |
| DE Deere & Co. | Add +37.5% | 0.11% | +0.03 |
| GE General Electric | Add +2.8% | 0.16% | +0.03 |
| PM Philip Morris International | Add +0.1% | 0.36% | +0.01 |
| EMR Emerson Electric Co. | Add +0.1% | 0.10% | +0.01 |
| GOOG Alphabet Inc. Class C | Add +0.9% | 0.21% | +0.01 |
| IJH iShares Core S&P Midcap ETF | Add +6.0% | 0.28% | +0.01 |
| WFC Wells Fargo & Co. | Add +0.2% | 0.42% | +0.01 |
| MPC Marathon Petroleum Corp. | Add +0.3% | 0.10% | +0.00 |
| BLK BlackRock Inc. | Add +1.3% | 0.09% | +0.00 |
| VNO Vornado Realty Trust | Add +7.5% | 0.22% | +0.00 |
| DGRW Wisdomtree U.S. Quality Divi | Add +5.2% | 0.16% | 0.00 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +3.5% | 0.18% | −0.00 |
| GD General Dynamics Corp. | Add +0.1% | 0.15% | −0.00 |
| QCOM Qualcomm Inc. | Add +0.2% | 0.08% | −0.01 |
| ADBE Adobe Inc. | Add +0.6% | 0.10% | −0.01 |
| CRM Salesforce Inc. | Add +0.6% | 0.12% | −0.01 |
| SYLD Cambria Shareholder Yield Et | Add +3.0% | 0.20% | −0.01 |
| ADP Automatic Data Processing | Add +0.3% | 0.14% | −0.01 |
| SBUX Starbucks Corp. | Add +10.5% | 0.22% | −0.02 |
| HD Home Depot Inc. | Add +0.3% | 0.18% | −0.02 |
| COP Conocophillips | Add +4.6% | 0.08% | −0.02 |
| TRV The Travelers Cos Inc. | Add +0.7% | 0.25% | −0.02 |
| VYM Vanguard High DVD Yield ETF | Add +0.3% | 0.33% | −0.02 |
| ICLR Icon PLC | Add +5.7% | 0.08% | −0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 147 | $365.5M | VOO, JMTG, AVDE, IDEV, AVLV |
| Q1 2026 | 147 | $365.5M | VOO, JMTG, AVDE, IDEV, AVLV |
| Q4 2025 | 139 | $334.0M | VOO, JMTG, AVDE, IDEV, AVLV |
| Q3 2025 | 138 | $320.7M | JMTG, VOO, AVDE, IDEV, AVLV |
| Q2 2025 | 134 | $272.5M | VOO, AVDE, IDEV, AVLV, VO |
| Q1 2025 | 132 | $247.1M | VOO, AVDE, IDEV, AVLV, VO |
| Q4 2024 | 129 | $234.8M | VOO, IDEV, AVDE, AVLV, VO |
| Q3 2024 | 127 | $219.9M | VOO, IDEV, AVDE, AVLV, VO |
| Q2 2024 | 126 | $192.7M | VOO, IDEV, AVDE, AVLV, DFAX |
| Q1 2024 | 128 | $183.2M | VOO, IDEV, AVDE, DFAX, AVLV |