First National Bank Sioux Falls

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 17, 2026), First National Bank Sioux Falls reported 147 stock positions worth $365.5 million. Its top holding was Vanguard S&P 500 ETF (VOO) at 8.9% of the portfolio, followed by Mortgage-Backed Securities (JMTG, 8.5%) and Avantis International Equity (AVDE, 7.0%). Compared with Q4 2025, it opened 12 new positions, sold out of 4, added to 32 and reduced 56. The biggest buy was a new position in Cambria US Ew ETF (USEW) and the biggest sale Visa Class A (V, shares −1%).

Most Recent 13F
Q2 2026
Location
SIOUX FALLS, SD
CIK
0001085041
Portfolio Value
$365.5M (Q1 2026)
SEC Filing
0001085041-26-000002 ↗ filed Apr 17, 2026

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 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 $365.5M Q1 2026 Q2 2026: $365.5M Q2 2026

Holdings 147 stocks · $365.5M
VOO Vanguard S&P 500 ETF 8.86% 50,224 $32.4M Add +2.9%
JMTG Mortgage-Backed Securities filed as J P MORGAN EXCHANGE TRADED F 8.55% 611,824 $31.2M Add +5.2%
AVDE Avantis International Equity 7.03% 284,980 $25.7M Add +4.4%
IDEV iShares Core MSCI Dev MKTS 6.02% 247,915 $22.0M Add +2.8%
AVLV Avantis US Large Cap Value 5.21% 225,021 $19.0M Add +5.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 3.99% 48,158 $14.6M Add +5.1%
RSP Invesco S&P 500 Equal Weight 3.11% 56,621 $11.4M Add +8.4%
DFAX Dimensional World Ex US Core 3.07% 308,472 $11.2M No change
VTV Vanguard Mrngstr Val ETF-Aui 3.07% 55,412 $11.2M Add +2.4%
DFAS Dimensional US Small Cap ETF 2.99% 144,794 $10.9M Add +7.4%
SCHG Schwab US Large-Cap Growth 2.50% 283,851 $9.1M Add +4.4%
AVDV Avantis Intl S/C Value ETF 2.47% 84,956 $9.0M Add +7.5%
AVUV Avantis US Small Cap Value 2.44% 76,999 $8.9M Add +4.5%
DFUV Dimensional US Marketwide Va 1.85% 134,254 $6.8M No change
AMZN Amazon.com Inc. 1.61% 23,611 $5.9M Add +0.4%
AAPL Apple Inc. 1.60% 22,230 $5.9M Reduce -1.3%
BRK.B Berkshire Hathaway Inc. Class B 1.45% 11,139 $5.3M Add +3.3%
DFAI Dimensional International Co. 1.26% 111,562 $4.6M Add +18.1%
SPY SS SPDR S&P 500 ETF Trust-US 1.22% 6,346 $4.5M No change
CAT Caterpillar Inc. 1.19% 5,651 $4.4M Reduce -0.0%
V Visa Inc. Class A 1.09% 12,642 $4.0M Reduce -0.8%
APO Apollo Global Management Inc. 0.99% 29,920 $3.6M Add +2.7%
GOOGL Alphabet Inc. Class A 0.88% 9,551 $3.2M Reduce -1.0%
MSFT Microsoft Corp. 0.85% 7,384 $3.1M Add +1.7%
IWF iShares Russell 1000 Growth 0.80% 6,247 $2.9M Reduce -0.2%
AVMV Avantis US Mid Cap Val ETF 0.77% 36,723 $2.8M Add +21.2%
USEW Cambria US Ew ETF 0.73% 51,144 $2.7M New
MTBA Simplify MBS ETF 0.72% 52,518 $2.6M Add +5.1%
JPM JPMorgan Chase & Co. 0.67% 7,954 $2.5M Reduce -1.5%
WTV Wisdomtree U.S. Value Fund 0.59% 22,226 $2.2M Add +78.3%
ORCL Oracle Corp. 0.59% 12,065 $2.2M Reduce -4.2%
BX Blackstone Inc. 0.57% 16,168 $2.1M Reduce -1.4%
IWP iShares Russell Mid-Cap Grow 0.56% 15,290 $2.1M No change
VEA Vanguard Ftse Developed ETF 0.56% 29,570 $2.0M Add +0.4%
XOM Exxon Mobil Corp. 0.55% 13,275 $2.0M Add +0.7%
MA Mastercard Inc. Class A 0.52% 3,640 $1.9M Add +15.8%
ELM Elm Market Navigator ETF 0.50% 64,797 $1.8M Add +101.0%
CSX CSX Corp. 0.47% 40,500 $1.7M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.42% 28,646 $1.5M Reduce -2.0%
UBER Uber Technologies Inc. 0.39% 18,723 $1.4M Add +5.2%
IVW iShares S&P 500 Growth ETF 0.38% 10,967 $1.4M No change
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.38% 976 $1.4M Reduce -0.3%
KKR KKR & Co. Inc. 0.37% 13,403 $1.4M Reduce -1.7%
ABBV Abbvie Inc. 0.37% 6,420 $1.3M Reduce -0.2%
META Meta Platforms Inc. Class A 0.36% 1,957 $1.3M Reduce -2.2%
WST West Pharmaceutical Services 0.35% 4,727 $1.3M No change
PEP Pepsico Inc. 0.35% 8,020 $1.3M Reduce -0.2%
MUB iShares National Muni Bond E 0.35% 11,870 $1.3M Reduce -5.4%
SHW The Sherwin-Williams Co. 0.34% 3,681 $1.2M No change
UNP Union Pacific Corp. 0.33% 4,844 $1.2M Reduce -2.0%
VUG Vanguard Mrngstar GR ETF-Sui 0.32% 2,428 $1.2M No change
IWO iShares Russell 2000 Growth 0.30% 3,159 $1.1M No change
WFC Wells Fargo & Co. 0.30% 13,485 $1.1M Reduce -6.3%
GOOG Alphabet Inc. Class C 0.29% 3,213 $1.1M Reduce -0.9%
LLY Eli Lilly & Co. 0.29% 1,157 $1.0M Reduce -8.0%
VYM Vanguard High DVD Yield ETF 0.28% 6,691 $1.0M No change
EXPE Expedia Group Inc. 0.28% 4,003 $1.0M Reduce -1.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.28% 9,703 $1.0M Reduce -4.0%
JNJ Johnson & Johnson 0.27% 4,268 $1.0M Reduce -2.2%
CMI Cummins Inc. 0.27% 1,600 $974K No change
DFAU Dimensional US Core Equity M 0.26% 19,407 $941K Reduce -0.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.25% 5,895 $928K Reduce -4.0%
CVX Chevron Corp. 0.25% 4,852 $913K Reduce -0.6%
IEFA iShares Core MSCI Eafe ETF 0.25% 9,351 $899K Add +2.0%
IJH iShares Core S&P Midcap ETF 0.24% 12,259 $876K No change
DHR Danaher Corp. 0.24% 4,521 $876K No change
PM Philip Morris International 0.23% 5,455 $852K Reduce -0.1%
IVV iShares Core S&P 500 ETF 0.22% 1,143 $806K Reduce -2.7%
VNO Vornado Realty Trust 0.22% 28,300 $803K Add +74.6%
LPRE Long Pond Real Estat Sel ETF 0.22% 28,646 $798K New
ORLY O'reilly Automotive Inc. 0.21% 8,426 $781K Reduce -4.6%
TRV The Travelers Cos Inc. 0.21% 2,533 $757K Reduce -0.6%
CSCO Cisco Systems Inc. 0.20% 8,477 $716K Reduce -0.8%
KO The Coca-Cola Co. 0.18% 8,969 $674K No change
SBUX Starbucks Corp. 0.18% 6,533 $643K Reduce -1.4%
AVGO Broadcom Inc. 0.17% 1,574 $627K No change
MNST Monster Beverage Corp. 0.17% 8,310 $626K No change
COLD Americold Realty Trust Inc. 0.17% 50,420 $625K New
PG The Procter & Gamble Co. 0.17% 4,270 $611K Reduce -1.8%
LMT Lockheed Martin Corp. 0.17% 993 $603K No change
SPG Simon Property Group Inc. 0.16% 2,891 $582K Reduce -1.5%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.16% 2,514 $574K No change
EFA iShares MSCI Eafe ETF 0.15% 5,496 $566K No change
FICO Fair Isaac Corp. 0.15% 522 $559K New
CPB The Campbell's Company 0.15% 26,458 $554K Add +42.2%
BMY Bristol-Myers Squibb Co. 0.15% 9,195 $542K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.15% 2,129 $534K Reduce -1.8%
LOW Lowe's Cos Inc. 0.14% 2,114 $512K Reduce -3.4%
POOL Pool Corp. 0.14% 2,261 $510K New
DGRS Wisdomtree U.S. Smallcap Qua 0.14% 9,052 $501K Add +3.1%
GE General Electric filed as GE AEROSPACE 0.14% 1,663 $496K No change
EEM iShares MSCI Emerging Market 0.13% 7,839 $490K No change
WMT Walmart Inc. 0.13% 3,897 $486K Reduce -1.1%
GLD SPDR Gold Shares 0.13% 1,100 $484K No change
DGRW Wisdomtree U.S. Quality Divi 0.13% 5,137 $477K Reduce -0.5%
PSX Phillips 66 0.13% 2,885 $471K Reduce -1.8%
GD General Dynamics Corp. 0.13% 1,405 $471K Reduce -0.1%
EA Electronic Arts Inc. 0.13% 2,274 $462K No change
DLTR Dollar Tree Inc. 0.13% 4,618 $461K Reduce -1.7%
HD Home Depot Inc. 0.13% 1,363 $460K Reduce -0.3%
AEP American Electric Power 0.12% 3,375 $454K No change
UNH Unitedhealth Group Inc. 0.12% 1,387 $439K Reduce -11.7%
BKH Black Hills Corp. 0.12% 5,483 $421K No change
TMO Thermo Fisher Scientific Inc. 0.11% 813 $420K No change
NEE Nextera Energy Inc. 0.11% 4,548 $418K No change
MCD McDonald's Corp. 0.11% 1,339 $411K Reduce -0.2%
GEV GE Vernova Inc. 0.11% 419 $410K No change
AWI Armstrong World Industries 0.11% 2,360 $410K Reduce -5.5%
VNQ Vanguard Real Estate ETF 0.10% 4,017 $382K No change
MPC Marathon Petroleum Corp. 0.10% 1,648 $373K Reduce -0.3%
HIFS Hingham Institution for SVGS 0.10% 1,230 $370K No change
ABT Abbott Laboratories 0.10% 3,870 $369K Reduce -0.2%
DG Dollar General Corp. 0.10% 2,963 $366K No change
NVDA Nvidia Corp. 0.10% 1,809 $359K Reduce -15.2%
NOW ServiceNow Inc. 0.10% 3,700 $357K Reduce -0.3%
APD Air Products & Chemicals Inc. 0.10% 1,178 $350K No change
Q Qnity Electronics Inc. 0.10% 2,661 $349K New
RTX RTX Corp. 0.09% 1,768 $346K Reduce -4.2%
DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND 0.09% 705 $342K No change
DE Deere & Co. 0.09% 581 $339K Reduce -1.5%
COR Cencora Inc. 0.09% 1,000 $322K No change
COP Conocophillips 0.09% 2,572 $313K No change
SHOO Steven Madden Ltd. filed as MADDEN STEVEN LTD 0.08% 8,100 $310K No change
EMR Emerson Electric Co. 0.08% 2,099 $295K Reduce -0.1%
CAH Cardinal Health Inc. 0.08% 1,350 $288K Reduce -0.4%
YUM Yum! Brands Inc. 0.08% 1,798 $287K No change
CNS Cohen & Steers Inc. 0.08% 4,378 $283K New
XEL Xcel Energy Inc. 0.08% 3,404 $276K No change
ADP Automatic Data Processing 0.07% 1,313 $263K Add +3.1%
HBAN Huntington Bancshares Inc. 0.07% 15,866 $263K No change
MRK Merck & Co. Inc. 0.07% 2,170 $251K No change
VYMI Vanguard Int High DVD YLD Inc. 0.07% 2,500 $248K No change
WM Waste Management Inc. 0.07% 1,100 $246K Reduce -0.2%
EBAY eBay Inc. 0.07% 2,413 $246K Reduce -5.5%
CTSH Cognizant Tech Solutions-A 0.07% 4,000 $242K No change
BLK BlackRock Inc. 0.06% 225 $231K Reduce -1.3%
CRM Salesforce Inc. 0.06% 1,263 $229K Add +1.5%
TGT Target Corp. 0.06% 1,815 $225K New
IAU iShares Gold Trust 0.06% 2,474 $223K No change
SRE Sempra 0.06% 2,320 $222K No change
EVRG Evergy Inc. 0.06% 2,691 $221K New
CSD Invesco S&P Spin-Off ETF 0.06% 1,767 $219K New
QQQ Invesco QQQ Trust Series 1 0.06% 325 $208K Reduce -16.9%
DFCA Dimensional Calfornia MB ETF 0.06% 4,146 $208K Add +2.5%
VLO Valero Energy Corp. 0.06% 842 $204K New
PTLO Portillo's Inc. Class A 0.02% 10,000 $56K New
EVCH Envirochem Inc. 0.00% 27,500 $3 No change

Portfolio Sells Q4 2025 → Q1 2026
V Visa Inc. Class A Reduce -0.8% 1.09% −0.25
AAPL Apple Inc. Reduce -1.3% 1.60% −0.23
BX Blackstone Inc. Reduce -1.4% 0.57% −0.19
KKR KKR & Co. Inc. Reduce -1.7% 0.37% −0.15
ORCL Oracle Corp. Reduce -4.2% 0.59% −0.15
LLY Eli Lilly & Co. Reduce -8.0% 0.29% −0.12
JPM JPMorgan Chase & Co. Reduce -1.5% 0.67% −0.10
WFC Wells Fargo & Co. Reduce -6.3% 0.30% −0.10
IWF iShares Russell 1000 Growth Reduce -0.2% 0.80% −0.09
ADBE Adobe Inc. Sold out 0.00% −0.07
ABBV Abbvie Inc. Reduce -0.2% 0.37% −0.07
NOW ServiceNow Inc. Reduce -0.3% 0.10% −0.07
QCOM Qualcomm Inc. Sold out 0.00% −0.07
COF Capital One Financial Corp. Sold out 0.00% −0.07
DIS The Walt Disney Co. Reduce -4.0% 0.28% −0.07
EXPE Expedia Group Inc. Reduce -1.9% 0.28% −0.07
BAC Bank of America Corp. Reduce -2.0% 0.42% −0.06
W Wayfair Inc. Class A Sold out 0.00% −0.06
MUB iShares National Muni Bond E Reduce -5.4% 0.35% −0.06
DLTR Dollar Tree Inc. Reduce -1.7% 0.13% −0.05
IBM Intl Business Machines Corp. Reduce -1.8% 0.15% −0.05
ABT Abbott Laboratories Reduce -0.2% 0.10% −0.04
UNH Unitedhealth Group Inc. Reduce -11.7% 0.12% −0.04
META Meta Platforms Inc. Class A Reduce -2.2% 0.36% −0.03
AWI Armstrong World Industries Reduce -5.5% 0.11% −0.03
PM Philip Morris International Reduce -0.1% 0.23% −0.03
TJX TJX Companies Inc. Reduce -4.0% 0.25% −0.03
ORLY O'reilly Automotive Inc. Reduce -4.6% 0.21% −0.03
GOOGL Alphabet Inc. Class A Reduce -1.0% 0.88% −0.03
NVDA Nvidia Corp. Reduce -15.2% 0.10% −0.02
IVV iShares Core S&P 500 ETF Reduce -2.7% 0.22% −0.02
PG The Procter & Gamble Co. Reduce -1.8% 0.17% −0.02
LOW Lowe's Cos Inc. Reduce -3.4% 0.14% −0.02
DFAU Dimensional US Core Equity M Reduce -0.3% 0.26% −0.02
HD Home Depot Inc. Reduce -0.3% 0.13% −0.02
QQQ Invesco QQQ Trust Series 1 Reduce -16.9% 0.06% −0.01
TRV The Travelers Cos Inc. Reduce -0.6% 0.21% −0.01
GD General Dynamics Corp. Reduce -0.1% 0.13% −0.01
GOOG Alphabet Inc. Class C Reduce -0.9% 0.29% −0.01
MCD McDonald's Corp. Reduce -0.2% 0.11% −0.01
BLK BlackRock Inc. Reduce -1.3% 0.06% −0.01
UNP Union Pacific Corp. Reduce -2.0% 0.33% −0.01
DGRW Wisdomtree U.S. Quality Divi Reduce -0.5% 0.13% −0.01
RTX RTX Corp. Reduce -4.2% 0.09% −0.01
WM Waste Management Inc. Reduce -0.2% 0.07% −0.01
CAH Cardinal Health Inc. Reduce -0.4% 0.08% −0.00
SPG Simon Property Group Inc. Reduce -1.5% 0.16% −0.00
EMR Emerson Electric Co. Reduce -0.1% 0.08% −0.00
CSCO Cisco Systems Inc. Reduce -0.8% 0.20% −0.00
EBAY eBay Inc. Reduce -5.5% 0.07% +0.00

Portfolio Buys Q4 2025 → Q1 2026
USEW Cambria US Ew ETF New 0.73% +0.73
AVLV Avantis US Large Cap Value Add +5.3% 5.21% +0.36
AVDE Avantis International Equity Add +4.4% 7.03% +0.30
AVDV Avantis Intl S/C Value ETF Add +7.5% 2.47% +0.25
WTV Wisdomtree U.S. Value Fund Add +78.3% 0.59% +0.24
ELM Elm Market Navigator ETF Add +101.0% 0.50% +0.24
LPRE Long Pond Real Estat Sel ETF New 0.22% +0.22
AVUV Avantis US Small Cap Value Add +4.5% 2.44% +0.19
DFAI Dimensional International Co. Add +18.1% 1.26% +0.18
DFAS Dimensional US Small Cap ETF Add +7.4% 2.99% +0.18
COLD Americold Realty Trust Inc. New 0.17% +0.17
FICO Fair Isaac Corp. New 0.15% +0.15
POOL Pool Corp. New 0.14% +0.14
AVMV Avantis US Mid Cap Val ETF Add +21.2% 0.77% +0.12
RSP Invesco S&P 500 Equal Weight Add +8.4% 3.11% +0.11
Q Qnity Electronics Inc. New 0.10% +0.10
CNS Cohen & Steers Inc. New 0.08% +0.08
XOM Exxon Mobil Corp. Add +0.7% 0.55% +0.08
IDEV iShares Core MSCI Dev MKTS Add +2.8% 6.02% +0.06
TGT Target Corp. New 0.06% +0.06
EVRG Evergy Inc. New 0.06% +0.06
CSD Invesco S&P Spin-Off ETF New 0.06% +0.06
VNO Vornado Realty Trust Add +74.6% 0.22% +0.06
VLO Valero Energy Corp. New 0.06% +0.06
PTLO Portillo's Inc. Class A New 0.02% +0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +5.1% 3.99% +0.01
DGRS Wisdomtree U.S. Smallcap Qua Add +3.1% 0.14% +0.01
VEA Vanguard Ftse Developed ETF Add +0.4% 0.56% +0.00
IEFA iShares Core MSCI Eafe ETF Add +2.0% 0.25% +0.00
CPB The Campbell's Company Add +42.2% 0.15% −0.00
DFCA Dimensional Calfornia MB ETF Add +2.5% 0.06% −0.00
AMZN Amazon.com Inc. Add +0.4% 1.61% −0.01
MA Mastercard Inc. Class A Add +15.8% 0.52% −0.02
VTV Vanguard Mrngstr Val ETF-Aui Add +2.4% 3.07% −0.02
ADP Automatic Data Processing Add +3.1% 0.07% −0.03
CRM Salesforce Inc. Add +1.5% 0.06% −0.04
MTBA Simplify MBS ETF Add +5.1% 0.72% −0.04
UBER Uber Technologies Inc. Add +5.2% 0.39% −0.04
SCHG Schwab US Large-Cap Growth Add +4.4% 2.50% −0.16
BRK.B Berkshire Hathaway Inc. Class B Add +3.3% 1.45% −0.18
MSFT Microsoft Corp. Add +1.7% 0.85% −0.20
APO Apollo Global Management Inc. Add +2.7% 0.99% −0.27
VOO Vanguard S&P 500 ETF Add +2.9% 8.86% −0.30
JMTG Mortgage-Backed Securities Add +5.2% 8.55% −0.34

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