Heartland Bank & Trust Co

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 22, 2025), Heartland Bank & Trust Co reported 161 stock positions worth $194.8 million. Its top holding was iShares Global Infrastructur (IGF) at 9.2% of the portfolio, followed by Apple (AAPL, 7.2%) and Microsoft (MSFT, 5.6%). Compared with Q4 2024, it opened 49 new positions, sold out of 27, added to 81 and reduced 23. The biggest buy was iShares Global Infrastructur (IGF, shares +14%) and the biggest sale an exit from iShares S&P Gsci Commodity I (GSG).

Most Recent 13F
Q2 2026
Location
BLOOMINGTON, IL
CIK
0001866040
Portfolio Value
$194.8M (Q1 2025)
SEC Filing
0001866040-25-000004 ↗ filed Apr 22, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $172.0M Q1 2024 Q2 2024: $176.3M Q2 2024 Q3 2024: $185.3M Q3 2024 Q4 2024: $184.1M Q4 2024 Q1 2025: $194.8M $194.8M Q1 2025 Q2 2025: $213.4M Q2 2025 Q3 2025: $242.1M Q3 2025 Q4 2025: $236.2M Q4 2025 Q1 2026: $442.4M Q1 2026 Q2 2026: $483.3M Q2 2026

Holdings 161 stocks · $194.8M
IGF iShares Global Infrastructur 9.23% 328,853 $18.0M Add +14.0%
AAPL Apple Inc. 7.17% 62,844 $14.0M Add +20.6%
MSFT Microsoft Corp. 5.58% 28,957 $10.9M Add +24.6%
NVDA Nvidia Corp. 4.16% 74,826 $8.1M Add +9.6%
DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC 3.70% 203,935 $7.2M Reduce -15.0%
GOOGL Alphabet Inc. Class A 3.58% 45,083 $7.0M Add +16.7%
AMZN Amazon.com Inc. 2.73% 27,900 $5.3M Add +16.3%
META Meta Platforms Inc. Class A 2.18% 7,373 $4.2M Add +18.0%
LLY Eli Lilly & Co. 2.11% 4,986 $4.1M Add +7.3%
JPM JPMorgan Chase & Co. 1.76% 13,956 $3.4M Reduce -23.9%
SHV iShares 0-1 Year Treasury Bo 1.29% 22,818 $2.5M Reduce -46.6%
AVGO Broadcom Inc. 1.29% 15,046 $2.5M Reduce -12.2%
BRK.B Berkshire Hathaway Inc. Class B 1.29% 4,721 $2.5M Add +53.2%
IBDS Ishrs Ibnds Dec 27 Corp. ETF 1.23% 99,119 $2.4M Add +23.7%
WMT Walmart Inc. 1.19% 26,432 $2.3M Add +10.2%
XOM Exxon Mobil Corp. 1.16% 19,004 $2.3M Add +5.0%
PG The Procter & Gamble Co. 1.11% 12,655 $2.2M Add +13.4%
IBDR iShares Ibonds Dec 2026 Term 1.08% 86,505 $2.1M Add +28.7%
IBDT iShares Ibonds Dec 2028 ETF 1.07% 82,331 $2.1M Add +108.9%
UNH Unitedhealth Group Inc. 1.01% 3,767 $2.0M Add +17.4%
ABBV Abbvie Inc. 1.00% 9,284 $1.9M Add +12.6%
TSLA Tesla Inc. 0.98% 7,352 $1.9M Add +17.0%
NFLX Netflix Inc. 0.97% 2,021 $1.9M Add +18.3%
V Visa Inc. Class A 0.97% 5,377 $1.9M New
RTX RTX Corp. 0.89% 13,064 $1.7M New
MA Mastercard Inc. Class A 0.83% 2,955 $1.6M Reduce -41.2%
CRM Salesforce Inc. 0.82% 5,981 $1.6M Add +117.2%
AMD Advanced Micro Devices 0.82% 15,514 $1.6M Add +157.1%
JNJ Johnson & Johnson 0.80% 9,346 $1.5M Add +108.3%
HD Home Depot Inc. 0.73% 3,870 $1.4M Add +7.3%
IBDQ iShares Ibonds Dec 2025 Term 0.70% 53,909 $1.4M Add +23.1%
SPGI S&P Global Inc. 0.67% 2,583 $1.3M New
ABT Abbott Laboratories 0.63% 9,257 $1.2M Add +37.8%
COST Costco Wholesale Corp. 0.60% 1,230 $1.2M Add +16.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.59% 4,650 $1.2M Add +16.0%
CVX Chevron Corp. 0.56% 6,537 $1.1M Add +15.6%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 0.54% 3,053 $1.1M Add +20.4%
ISRG Intuitive Surgical Inc. 0.53% 2,068 $1.0M Add +12.6%
FOX Fox Corp. Class B 0.53% 19,427 $1.0M Add +19.9%
FITB Fifth Third Bancorp 0.52% 25,782 $1.0M New
ADP Automatic Data Processing 0.52% 3,299 $1.0M Reduce -19.9%
PPL PPL Corp. 0.51% 27,477 $992K New
GS Goldman Sachs Group Inc. 0.51% 1,801 $984K New
BSX Boston Scientific Corp. 0.50% 9,707 $979K Add +9.3%
PLTR Palantir Technologies Inc. Class A 0.50% 11,551 $975K Reduce -35.1%
CAT Caterpillar Inc. 0.47% 2,748 $906K Reduce -6.9%
UNP Union Pacific Corp. 0.46% 3,785 $894K Add +124.1%
FICO Fair Isaac Corp. 0.46% 481 $887K Add +25.3%
SYK Stryker Corp. 0.45% 2,376 $884K Add +19.8%
TSCO Tractor Supply Company 0.45% 15,999 $882K Add +16.3%
PEP Pepsico Inc. 0.44% 5,736 $860K Add +106.8%
SBUX Starbucks Corp. 0.44% 8,726 $856K Add +18.2%
PANW Palo Alto Networks Inc. 0.43% 4,951 $845K Add +14.7%
CMI Cummins Inc. 0.42% 2,639 $827K Add +28.3%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.42% 9,492 $817K Add +16.6%
KLAC KLA Corp. 0.42% 1,190 $809K Add +15.8%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.41% 19,198 $802K New
BX Blackstone Inc. 0.41% 5,679 $794K New
EMR Emerson Electric Co. 0.40% 7,148 $784K New
PGR Progressive Corp. 0.40% 2,758 $781K Reduce -36.8%
KO The Coca-Cola Co. 0.40% 10,851 $777K Add +15.3%
TMO Thermo Fisher Scientific Inc. 0.40% 1,556 $774K Add +44.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.40% 9,217 $773K New
MU Micron Technology Inc. 0.40% 8,886 $772K New
GILD Gilead Sciences Inc. 0.40% 6,874 $770K New
NOW ServiceNow Inc. 0.39% 961 $765K Add +13.2%
CMG Chipotle Mexican Grill Inc. 0.39% 15,167 $762K Add +15.1%
DOV Dover Corp. 0.38% 4,205 $739K New
JCI Johnson Controls Internation 0.37% 9,113 $730K New
VLO Valero Energy Corp. 0.37% 5,510 $728K Add +23.4%
T AT&T Inc. 0.36% 25,070 $709K Add +17.7%
MRK Merck & Co. Inc. 0.36% 7,770 $697K Reduce -5.3%
MMM 3M Co. 0.35% 4,697 $690K New
GE General Electric filed as GE AEROSPACE 0.35% 3,432 $687K New
MCK McKesson Corp. 0.35% 1,010 $680K Add +18.0%
MCD McDonald's Corp. 0.33% 2,077 $649K Add +17.1%
MDLZ Mondelez International Inc. Class A 0.33% 9,499 $645K Add +21.8%
TMUS T-Mobile US Inc. 0.32% 2,333 $622K Add +20.3%
EVRG Evergy Inc. 0.31% 8,814 $608K New
MNST Monster Beverage Corp. 0.31% 10,296 $603K Add +18.7%
PFE Pfizer Inc. 0.30% 22,711 $575K New
ANET Arista Networks Inc. 0.30% 7,420 $575K Reduce -30.7%
ALL Allstate Corp. 0.29% 2,713 $562K New
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.29% 4,559 $555K Add +14.6%
WEC WEC Energy Group Inc. 0.28% 5,026 $548K New
APH Amphenol Corp. Class A 0.28% 8,173 $536K Add +15.7%
RSG Republic Services Inc. 0.27% 2,195 $532K Add +109.5%
ULTA Ulta Beauty Inc. 0.27% 1,428 $523K Add +23.0%
MET Metlife Inc. 0.26% 6,426 $516K New
GIS General Mills Inc. 0.26% 8,577 $513K Add +22.9%
PSA Public Storage 0.26% 1,666 $499K Add +18.3%
APD Air Products & Chemicals Inc. 0.25% 1,676 $494K Add +18.7%
WFC Wells Fargo & Co. 0.25% 6,884 $494K Reduce -56.2%
SCHW Schwab (charles) Corp. 0.24% 6,038 $473K Reduce -25.4%
C Citigroup Inc. 0.24% 6,558 $466K New
FCX Freeport-McMoran Inc. 0.24% 12,257 $464K Add +15.9%
AEE Ameren Corporation 0.23% 4,497 $451K New
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.23% 13,669 $446K Add +19.8%
UBER Uber Technologies Inc. 0.23% 6,081 $443K New
O Realty Income Corp. 0.22% 7,480 $434K New
MLM Martin Marietta Materials 0.22% 897 $429K Add +18.8%
LIN Linde PLC 0.22% 912 $425K Add +13.9%
DHR Danaher Corp. 0.22% 2,070 $424K Reduce -32.7%
VZ Verizon Communications Inc. 0.22% 9,263 $420K Add +14.3%
FISV Fiserv Inc. 0.21% 1,889 $417K New
WAT Waters Corp. 0.21% 1,122 $414K Add +99.6%
DE Deere & Co. 0.21% 878 $412K Reduce -45.0%
CFG Citizens Financial Group 0.20% 9,719 $398K New
IBTI iShares Ibonds Dec 2028 Term 0.20% 17,835 $397K No change
IBTH iShares Ibonds Dec 2027 Term 0.20% 17,655 $396K No change
IBTG iShares Ibonds Dec 2026 Term 0.20% 17,233 $395K No change
IBTJ iShares Ibonds Dec 2029 Term 0.20% 17,794 $387K New
NRG NRG Energy Inc. 0.20% 4,032 $385K New
CME Cme Group Inc. 0.19% 1,421 $377K New
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.19% 375 $370K Reduce -49.7%
HSY The Hershey Co. 0.19% 2,138 $366K New
COP Conocophillips 0.19% 3,480 $365K New
AFL Aflac Inc. 0.19% 3,249 $361K No change
CTAS Cintas Corp. 0.18% 1,731 $356K Add +3.6%
DVA Davita Inc. 0.18% 2,305 $353K New
CPAY Corpay Inc. 0.18% 1,011 $353K New
NUE Nucor Corp. 0.18% 2,842 $342K Add +19.8%
MPWR Monolithic Power Systems Inc. 0.17% 585 $339K Add +13.8%
UPS United Parcel Service Class B 0.17% 3,031 $333K New
AXP American Express Co. 0.17% 1,220 $328K Reduce -0.4%
GOOG Alphabet Inc. Class C 0.17% 2,091 $327K No change
IBHG iShares Ibonds 2027 HY Inc. 0.17% 14,590 $326K Add +35.4%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.17% 4,559 $324K New
HST Host Hotels & Resorts Inc. 0.16% 22,555 $321K Add +22.7%
IBHF iShares Ibond 2026 HY & Inc. 0.16% 13,542 $314K Add +35.8%
MPC Marathon Petroleum Corp. 0.16% 2,149 $313K Add +10.8%
SO The Southern Co. 0.16% 3,397 $312K Reduce -12.4%
AXON Axon Enterprise Inc. 0.16% 583 $307K New
ROST Ross Stores Inc. 0.16% 2,375 $304K Add +19.5%
LEN Lennar Corp. Class A 0.16% 2,644 $303K Add +19.7%
IBHH iShares Ibonds 2028 TM HY Inc. 0.16% 12,989 $303K New
GEV GE Vernova Inc. 0.15% 974 $297K New
CBRE CBRE Group Inc. Class A 0.15% 2,250 $294K Add +18.2%
CSCO Cisco Systems Inc. 0.15% 4,659 $288K No change
EQIX Equinix Inc. 0.15% 350 $285K Add +10.1%
VRSK Verisk Analytics Inc. 0.14% 947 $282K New
FANG Diamondback Energy Inc. 0.14% 1,762 $282K Add +19.5%
ACN Accenture PLC Class A 0.14% 897 $280K Reduce -4.2%
IBHE iShares Ibonds 2025 H/Y Inc. 0.14% 11,943 $278K Add +19.4%
CBSH Commerce Bancshares Inc. 0.14% 4,403 $274K Reduce -11.7%
ZBRA Zebra Technologies Corp. Class A 0.14% 946 $267K Add +27.0%
AMAT Applied Materials Inc. 0.14% 1,840 $267K New
HBT HBT Financial Inc. 0.14% 11,820 $265K Reduce -87.1%
PH Parker Hannifin Corp. 0.13% 427 $260K New
CI The Cigna Group 0.13% 774 $255K New
HCA HCA Healthcare Inc. 0.13% 713 $246K New
IBDU iShares Ibonds Dec 2029 Term 0.13% 10,575 $245K New
LNT Alliant Energy Corp. 0.12% 3,725 $240K Reduce -18.3%
CEG Constellation Energy 0.12% 1,182 $238K Reduce -67.5%
NKE Nike Inc. Class B 0.12% 3,705 $235K New
CF CF Industries Holdings Inc. filed as CF INDS HLDGS INC 0.12% 2,968 $232K Add +20.0%
SMCI Super Micro Computer Inc. 0.11% 6,319 $216K New
HWM Howmet Aerospace Inc. 0.11% 1,654 $215K New
ORCL Oracle Corp. 0.11% 1,530 $214K No change
BLK BlackRock Inc. 0.11% 225 $213K No change
LVS Las Vegas Sands Corp. 0.10% 5,274 $204K New

Portfolio Sells Q4 2024 → Q1 2025
GSG iShares S&P Gsci Commodity I Sold out 0.00% −3.50
IFGL iShares International Develo Sold out 0.00% −1.78
SHV iShares 0-1 Year Treasury Bo Reduce -46.6% 1.29% −1.26
HBT HBT Financial Inc. Reduce -87.1% 0.14% −0.96
AVGO Broadcom Inc. Reduce -12.2% 1.29% −0.86
AMP Ameriprise Financial Inc. Sold out 0.00% −0.75
JPM JPMorgan Chase & Co. Reduce -23.9% 1.76% −0.63
MA Mastercard Inc. Class A Reduce -41.2% 0.83% −0.61
ETN Eaton Corp. PLC Sold out 0.00% −0.60
URI United Rentals Inc. Sold out 0.00% −0.50
DJP Ipath Bloomberg Commodity Inc. Reduce -15.0% 3.70% −0.49
PWR Quanta Services Inc. Sold out 0.00% −0.46
MSCI MSCI Inc. Sold out 0.00% −0.44
CBOE Cboe Global Markets Inc. Sold out 0.00% −0.41
IR Ingersoll-Rand Inc. Sold out 0.00% −0.39
PCAR Paccar Inc. Sold out 0.00% −0.38
GD General Dynamics Corp. Sold out 0.00% −0.36
ANET Arista Networks Inc. Reduce -30.7% 0.30% −0.35
WFC Wells Fargo & Co. Reduce -56.2% 0.25% −0.35
SNA Snap-on Inc. Sold out 0.00% −0.33
CEG Constellation Energy Reduce -67.5% 0.12% −0.32
ODFL Old Dominion Freight Line Sold out 0.00% −0.28
HBAN Huntington Bancshares Inc. Sold out 0.00% −0.26
UAL United Airlines Holdings Inc. Sold out 0.00% −0.25
SRE Sempra Sold out 0.00% −0.25
GWW WW Grainger Inc. Reduce -49.7% 0.19% −0.24
PLTR Palantir Technologies Inc. Class A Reduce -35.1% 0.50% −0.23
REGN Regeneron Pharmaceuticals Sold out 0.00% −0.22
AEP American Electric Power Sold out 0.00% −0.21
PFG Principal Financial Group Sold out 0.00% −0.20
EXC Exelon Corp. Sold out 0.00% −0.19
IEX Idex Corp. Sold out 0.00% −0.18
CNP Centerpoint Energy Inc. Sold out 0.00% −0.18
WM Waste Management Inc. Sold out 0.00% −0.17
PGR Progressive Corp. Reduce -36.8% 0.40% −0.17
DHR Danaher Corp. Reduce -32.7% 0.22% −0.17
PAYC Paycom Software Inc. Sold out 0.00% −0.16
DE Deere & Co. Reduce -45.0% 0.21% −0.16
RF Regions Financial Corp. Sold out 0.00% −0.15
NEE Nextera Energy Inc. Sold out 0.00% −0.14
ADP Automatic Data Processing Reduce -19.9% 0.52% −0.14
JBHT Hunt (jb) Transprt SVCS Inc. Sold out 0.00% −0.12
CAT Caterpillar Inc. Reduce -6.9% 0.47% −0.12
MRK Merck & Co. Inc. Reduce -5.3% 0.36% −0.09
SCHW Schwab (charles) Corp. Reduce -25.4% 0.24% −0.08
ACN Accenture PLC Class A Reduce -4.2% 0.14% −0.04
AXP American Express Co. Reduce -0.4% 0.17% −0.03
CBSH Commerce Bancshares Inc. Reduce -11.7% 0.14% −0.03
LNT Alliant Energy Corp. Reduce -18.3% 0.12% −0.02
SO The Southern Co. Reduce -12.4% 0.16% −0.01

Portfolio Buys Q4 2024 → Q1 2025
IGF iShares Global Infrastructur Add +14.0% 9.23% +1.04
V Visa Inc. Class A New 0.97% +0.97
RTX RTX Corp. New 0.89% +0.89
SPGI S&P Global Inc. New 0.67% +0.67
IBDT iShares Ibonds Dec 2028 ETF Add +108.9% 1.07% +0.53
BRK.B Berkshire Hathaway Inc. Class B Add +53.2% 1.29% +0.53
FITB Fifth Third Bancorp New 0.52% +0.52
PPL PPL Corp. New 0.51% +0.51
GS Goldman Sachs Group Inc. New 0.51% +0.51
JNJ Johnson & Johnson Add +108.3% 0.80% +0.44
AMD Advanced Micro Devices Add +157.1% 0.82% +0.42
SLB SLB Ltd. New 0.41% +0.41
BX Blackstone Inc. New 0.41% +0.41
EMR Emerson Electric Co. New 0.40% +0.40
BNY Bank of New York Mellon Corp. New 0.40% +0.40
MU Micron Technology Inc. New 0.40% +0.40
GILD Gilead Sciences Inc. New 0.40% +0.40
DOV Dover Corp. New 0.38% +0.38
JCI Johnson Controls Internation New 0.37% +0.37
MMM 3M Co. New 0.35% +0.35
GE General Electric New 0.35% +0.35
CRM Salesforce Inc. Add +117.2% 0.82% +0.32
EVRG Evergy Inc. New 0.31% +0.31
PFE Pfizer Inc. New 0.30% +0.30
ALL Allstate Corp. New 0.29% +0.29
WEC WEC Energy Group Inc. New 0.28% +0.28
MET Metlife Inc. New 0.26% +0.26
MSFT Microsoft Corp. Add +24.6% 5.58% +0.26
UNP Union Pacific Corp. Add +124.1% 0.46% +0.25
C Citigroup Inc. New 0.24% +0.24
AEE Ameren Corporation New 0.23% +0.23
UBER Uber Technologies Inc. New 0.23% +0.23
O Realty Income Corp. New 0.22% +0.22
ABT Abbott Laboratories Add +37.8% 0.63% +0.22
FISV Fiserv Inc. New 0.21% +0.21
PEP Pepsico Inc. Add +106.8% 0.44% +0.21
CFG Citizens Financial Group New 0.20% +0.20
ABBV Abbvie Inc. Add +12.6% 1.00% +0.20
IBTJ iShares Ibonds Dec 2029 Term New 0.20% +0.20
NRG NRG Energy Inc. New 0.20% +0.20
IBDR iShares Ibonds Dec 2026 Term Add +28.7% 1.08% +0.20
META Meta Platforms Inc. Class A Add +18.0% 2.18% +0.19
CME Cme Group Inc. New 0.19% +0.19
HSY The Hershey Co. New 0.19% +0.19
IBDS Ishrs Ibnds Dec 27 Corp. ETF Add +23.7% 1.23% +0.19
COP Conocophillips New 0.19% +0.19
CPAY Corpay Inc. New 0.18% +0.18
DVA Davita Inc. New 0.18% +0.18
UPS United Parcel Service Class B New 0.17% +0.17
WRB WR Berkley Corp. New 0.17% +0.17

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 211$483.3MVCRB, FIGB, IGF, AAPL, NVDA
Q1 2026 206$442.4MVCRB, FIGB, IGF, AAPL, NVDA
Q4 2025 155$236.2MIGF, AAPL, MSFT, NVDA, GOOGL
Q3 2025 170$242.1MIGF, AAPL, MSFT, NVDA, AMZN
Q2 2025 166$213.4MIGF, MSFT, AAPL, NVDA, GOOGL
Q1 2025 161$194.8MIGF, AAPL, MSFT, NVDA, DJP
Q4 2024 139$184.1MIGF, AAPL, MSFT, NVDA, DJP
Q3 2024 153$185.3MIGF, DJP, AAPL, MSFT, NVDA
Q2 2024 145$176.3MIGF, DJP, AAPL, MSFT, NVDA
Q1 2024 143$172.0MIGF, DJP, MSFT, AAPL, NVDA