Heartland Bank & Trust Co
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 25, 2025), Heartland Bank & Trust Co reported 166 stock positions worth $213.4 million. Its top holding was iShares Global Infrastructur (IGF) at 8.5% of the portfolio, followed by Microsoft (MSFT, 6.7%) and Apple (AAPL, 5.7%). Compared with Q1 2025, it opened 18 new positions, sold out of 13, added to 29 and reduced 111. The biggest buy was iShares Ibonds Dec 2028 ETF (IBDT, shares +66%) and the biggest sale Apple (AAPL, shares −6%).
- Most Recent 13F
- Q2 2026
- Location
- BLOOMINGTON, IL
- CIK
- 0001866040
- Portfolio Value
- $213.4M (Q2 2025)
- SEC Filing
- 0001866040-25-000008 ↗ filed Jul 25, 2025
Holdings Value
Holdings 166 stocks · $213.4M
| IGF iShares Global Infrastructur | 8.49% | 306,162 | $18.1M | Reduce -6.9% |
| MSFT Microsoft Corp. | 6.67% | 28,607 | $14.2M | Reduce -1.2% |
| AAPL Apple Inc. | 5.66% | 58,899 | $12.1M | Reduce -6.3% |
| NVDA Nvidia Corp. | 5.47% | 73,921 | $11.7M | Reduce -1.2% |
| GOOGL Alphabet Inc. Class A | 3.74% | 45,267 | $8.0M | Add +0.4% |
| DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC | 3.23% | 202,834 | $6.9M | Reduce -0.5% |
| AMZN Amazon.com Inc. | 2.81% | 27,374 | $6.0M | Reduce -1.9% |
| META Meta Platforms Inc. Class A | 2.48% | 7,175 | $5.3M | Reduce -2.7% |
| AVGO Broadcom Inc. | 1.91% | 14,781 | $4.1M | Reduce -1.8% |
| JPM JPMorgan Chase & Co. | 1.84% | 13,550 | $3.9M | Reduce -2.9% |
| LLY Eli Lilly & Co. | 1.83% | 5,004 | $3.9M | Add +0.4% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 1.71% | 150,594 | $3.7M | Add +51.9% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.63% | 136,620 | $3.5M | Add +65.9% |
| IBDR iShares Ibonds Dec 2026 Term | 1.39% | 122,702 | $3.0M | Add +41.8% |
| NFLX Netflix Inc. | 1.23% | 1,961 | $2.6M | Reduce -3.0% |
| WMT Walmart Inc. | 1.22% | 26,689 | $2.6M | Add +1.0% |
| IBDQ iShares Ibonds Dec 2025 Term | 1.09% | 92,089 | $2.3M | Add +70.8% |
| TSLA Tesla Inc. | 1.07% | 7,185 | $2.3M | Reduce -2.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.05% | 4,634 | $2.3M | Reduce -1.8% |
| AMD Advanced Micro Devices | 1.00% | 15,004 | $2.1M | Reduce -3.3% |
| XOM Exxon Mobil Corp. | 0.94% | 18,611 | $2.0M | Reduce -2.1% |
| SHV iShares 0-1 Year Treasury Bo | 0.93% | 17,899 | $2.0M | Reduce -21.6% |
| PG The Procter & Gamble Co. | 0.92% | 12,329 | $2.0M | Reduce -2.6% |
| V Visa Inc. Class A | 0.88% | 5,306 | $1.9M | Reduce -1.3% |
| ABBV Abbvie Inc. | 0.79% | 9,121 | $1.7M | Reduce -1.8% |
| MA Mastercard Inc. Class A | 0.77% | 2,928 | $1.6M | Reduce -0.9% |
| CRM Salesforce Inc. | 0.74% | 5,816 | $1.6M | Reduce -2.8% |
| PLTR Palantir Technologies Inc. Class A | 0.73% | 11,475 | $1.6M | Reduce -0.7% |
| JNJ Johnson & Johnson | 0.66% | 9,223 | $1.4M | Reduce -1.3% |
| HD Home Depot Inc. | 0.66% | 3,836 | $1.4M | Reduce -0.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.63% | 4,588 | $1.4M | Reduce -1.3% |
| SPGI S&P Global Inc. | 0.63% | 2,530 | $1.3M | Reduce -2.0% |
| GS Goldman Sachs Group Inc. | 0.58% | 1,748 | $1.2M | Reduce -2.9% |
| ABT Abbott Laboratories | 0.58% | 9,074 | $1.2M | Reduce -2.0% |
| GE General Electric filed as GE AEROSPACE | 0.57% | 4,767 | $1.2M | Add +38.9% |
| COST Costco Wholesale Corp. | 0.56% | 1,198 | $1.2M | Reduce -2.6% |
| UNH Unitedhealth Group Inc. | 0.54% | 3,667 | $1.1M | Reduce -2.6% |
| ISRG Intuitive Surgical Inc. | 0.52% | 2,027 | $1.1M | Reduce -2.0% |
| CAT Caterpillar Inc. | 0.50% | 2,748 | $1.1M | No change |
| KLAC KLA Corp. | 0.50% | 1,190 | $1.1M | No change |
| MU Micron Technology Inc. | 0.49% | 8,565 | $1.1M | Reduce -3.6% |
| FITB Fifth Third Bancorp | 0.48% | 24,849 | $1.0M | Reduce -3.6% |
| CVX Chevron Corp. | 0.48% | 7,118 | $1.0M | Add +8.9% |
| BSX Boston Scientific Corp. | 0.48% | 9,474 | $1.0M | Reduce -2.4% |
| ADP Automatic Data Processing | 0.47% | 3,241 | $1000K | Reduce -1.8% |
| PANW Palo Alto Networks Inc. | 0.46% | 4,838 | $990K | Reduce -2.3% |
| PPL PPL Corp. | 0.46% | 28,964 | $982K | Add +5.4% |
| NOW ServiceNow Inc. | 0.46% | 954 | $981K | Reduce -0.7% |
| FOX Fox Corp. Class B | 0.45% | 18,801 | $971K | Reduce -3.2% |
| JCI Johnson Controls Internation | 0.45% | 9,008 | $951K | Reduce -1.1% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.44% | 2,949 | $944K | Reduce -3.4% |
| EMR Emerson Electric Co. | 0.44% | 7,007 | $934K | Reduce -2.0% |
| SYK Stryker Corp. | 0.43% | 2,307 | $913K | Reduce -2.9% |
| LMT Lockheed Martin Corp. | 0.41% | 1,891 | $876K | New |
| LIN Linde PLC | 0.40% | 1,826 | $857K | Add +100.2% |
| CMI Cummins Inc. | 0.40% | 2,599 | $851K | Reduce -1.5% |
| FICO Fair Isaac Corp. | 0.39% | 458 | $837K | Reduce -4.8% |
| UNP Union Pacific Corp. | 0.39% | 3,619 | $833K | Reduce -4.4% |
| BX Blackstone Inc. | 0.39% | 5,544 | $829K | Reduce -2.4% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.39% | 9,025 | $822K | Reduce -2.1% |
| CMG Chipotle Mexican Grill Inc. | 0.38% | 14,559 | $817K | Reduce -4.0% |
| TSCO Tractor Supply Company | 0.38% | 15,476 | $817K | Reduce -3.3% |
| APH Amphenol Corp. Class A | 0.37% | 7,966 | $787K | Reduce -2.5% |
| ANET Arista Networks Inc. | 0.36% | 7,568 | $774K | Add +2.0% |
| SBUX Starbucks Corp. | 0.36% | 8,447 | $774K | Reduce -3.2% |
| KO The Coca-Cola Co. | 0.36% | 10,714 | $758K | Reduce -1.3% |
| RTX RTX Corp. | 0.36% | 5,190 | $758K | Reduce -60.3% |
| DOV Dover Corp. | 0.35% | 4,127 | $756K | Reduce -1.9% |
| WMB Williams Cos Inc. | 0.35% | 11,935 | $750K | New |
| PEP Pepsico Inc. | 0.35% | 5,618 | $742K | Reduce -2.1% |
| GILD Gilead Sciences Inc. | 0.35% | 6,689 | $742K | Reduce -2.7% |
| MCK McKesson Corp. | 0.34% | 999 | $732K | Reduce -1.1% |
| PGR Progressive Corp. | 0.33% | 2,665 | $711K | Reduce -3.4% |
| MMM 3M Co. | 0.33% | 4,573 | $696K | Reduce -2.6% |
| T AT&T Inc. | 0.31% | 22,614 | $654K | Reduce -9.8% |
| ULTA Ulta Beauty Inc. | 0.30% | 1,384 | $647K | Reduce -3.1% |
| MNST Monster Beverage Corp. | 0.30% | 10,060 | $630K | Reduce -2.3% |
| MDLZ Mondelez International Inc. Class A | 0.29% | 9,323 | $629K | Reduce -1.9% |
| AMT American Tower Corp. | 0.29% | 2,801 | $619K | New |
| COP Conocophillips | 0.29% | 6,861 | $616K | Add +97.2% |
| TMO Thermo Fisher Scientific Inc. | 0.29% | 1,501 | $609K | Reduce -3.5% |
| MRK Merck & Co. Inc. | 0.28% | 7,581 | $600K | Reduce -2.4% |
| MCD McDonald's Corp. | 0.28% | 2,052 | $600K | Reduce -1.2% |
| EVRG Evergy Inc. | 0.28% | 8,562 | $590K | Reduce -2.9% |
| MPC Marathon Petroleum Corp. | 0.27% | 3,526 | $586K | Add +64.1% |
| IBHG iShares Ibonds 2027 HY Inc. | 0.26% | 24,753 | $558K | Add +69.7% |
| UBER Uber Technologies Inc. | 0.26% | 5,919 | $552K | Reduce -2.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.26% | 4,427 | $547K | Reduce -2.9% |
| SCHW Schwab (charles) Corp. | 0.25% | 5,957 | $544K | Reduce -1.3% |
| C Citigroup Inc. | 0.25% | 6,370 | $542K | Reduce -2.9% |
| TMUS T-Mobile US Inc. | 0.25% | 2,274 | $542K | Reduce -2.5% |
| WFC Wells Fargo & Co. | 0.25% | 6,735 | $540K | Reduce -2.2% |
| ALL Allstate Corp. | 0.25% | 2,656 | $535K | Reduce -2.1% |
| RSG Republic Services Inc. | 0.25% | 2,143 | $528K | Reduce -2.4% |
| EOG EOG Resources Inc. | 0.25% | 4,392 | $525K | New |
| GEV GE Vernova Inc. | 0.24% | 986 | $522K | Add +1.2% |
| WEC WEC Energy Group Inc. | 0.24% | 4,896 | $510K | Reduce -2.6% |
| MET Metlife Inc. | 0.23% | 6,230 | $501K | Reduce -3.0% |
| PFE Pfizer Inc. | 0.23% | 20,657 | $501K | Reduce -9.0% |
| IBHH iShares Ibonds 2028 TM HY Inc. | 0.23% | 20,961 | $497K | Add +61.4% |
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -6.3% | 5.66% | −1.50 |
| IGF iShares Global Infrastructur | Reduce -6.9% | 8.49% | −0.74 |
| RTX RTX Corp. | Reduce -60.3% | 0.36% | −0.53 |
| UNH Unitedhealth Group Inc. | Reduce -2.6% | 0.54% | −0.48 |
| DJP Ipath Bloomberg Commodity Inc. | Reduce -0.5% | 3.23% | −0.47 |
| IRM Iron Mountain Inc. | Sold out | 0.00% | −0.42 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.41 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.37 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -21.6% | 0.93% | −0.37 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.25 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.8% | 1.05% | −0.24 |
| VICI Vici Properties Inc. | Sold out | 0.00% | −0.23 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.22 |
| XOM Exxon Mobil Corp. | Reduce -2.1% | 0.94% | −0.22 |
| ABBV Abbvie Inc. | Reduce -1.8% | 0.79% | −0.21 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.20 |
| PG The Procter & Gamble Co. | Reduce -2.6% | 0.92% | −0.19 |
| NUE Nucor Corp. | Sold out | 0.00% | −0.18 |
| HST Host Hotels & Resorts Inc. | Sold out | 0.00% | −0.16 |
| CBRE CBRE Group Inc. Class A | Sold out | 0.00% | −0.15 |
| FANG Diamondback Energy Inc. | Sold out | 0.00% | −0.14 |
| FCX Freeport-McMoran Inc. | Reduce -62.2% | 0.09% | −0.14 |
| JNJ Johnson & Johnson | Reduce -1.3% | 0.66% | −0.14 |
| PSA Public Storage | Reduce -44.1% | 0.13% | −0.13 |
| O Realty Income Corp. | Reduce -50.8% | 0.10% | −0.12 |
| LNT Alliant Energy Corp. | Sold out | 0.00% | −0.12 |
| CF CF Industries Holdings Inc. | Sold out | 0.00% | −0.12 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.5% | 0.29% | −0.11 |
| AJG Arthur J Gallagher & Co. | Reduce -3.4% | 0.44% | −0.10 |
| PEP Pepsico Inc. | Reduce -2.1% | 0.35% | −0.09 |
| V Visa Inc. Class A | Reduce -1.3% | 0.88% | −0.08 |
| CRM Salesforce Inc. | Reduce -2.8% | 0.74% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -2.4% | 0.28% | −0.08 |
| SBUX Starbucks Corp. | Reduce -3.2% | 0.36% | −0.08 |
| FOX Fox Corp. Class B | Reduce -3.2% | 0.45% | −0.07 |
| TSCO Tractor Supply Company | Reduce -3.3% | 0.38% | −0.07 |
| HD Home Depot Inc. | Reduce -0.9% | 0.66% | −0.07 |
| UNP Union Pacific Corp. | Reduce -4.4% | 0.39% | −0.07 |
| PGR Progressive Corp. | Reduce -3.4% | 0.33% | −0.07 |
| FISV Fiserv Inc. | Reduce -3.1% | 0.15% | −0.07 |
| TMUS T-Mobile US Inc. | Reduce -2.5% | 0.25% | −0.07 |
| FICO Fair Isaac Corp. | Reduce -4.8% | 0.39% | −0.06 |
| PFE Pfizer Inc. | Reduce -9.0% | 0.23% | −0.06 |
| MA Mastercard Inc. Class A | Reduce -0.9% | 0.77% | −0.06 |
| GIS General Mills Inc. | Reduce -2.3% | 0.20% | −0.06 |
| SO The Southern Co. | Reduce -31.1% | 0.10% | −0.06 |
| T AT&T Inc. | Reduce -9.8% | 0.31% | −0.06 |
| MCD McDonald's Corp. | Reduce -1.2% | 0.28% | −0.05 |
| ABT Abbott Laboratories | Reduce -2.0% | 0.58% | −0.05 |
| ADP Automatic Data Processing | Reduce -1.8% | 0.47% | −0.05 |
Portfolio Buys Q1 2025 → Q2 2025
| IBDT iShares Ibonds Dec 2028 ETF | Add +65.9% | 1.63% | +0.56 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +51.9% | 1.71% | +0.48 |
| LMT Lockheed Martin Corp. | New | 0.41% | +0.41 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +70.8% | 1.09% | +0.39 |
| WMB Williams Cos Inc. | New | 0.35% | +0.35 |
| IBDR iShares Ibonds Dec 2026 Term | Add +41.8% | 1.39% | +0.32 |
| AMT American Tower Corp. | New | 0.29% | +0.29 |
| EOG EOG Resources Inc. | New | 0.25% | +0.25 |
| GE General Electric | Add +38.9% | 0.57% | +0.22 |
| WELL Welltower Inc. | New | 0.21% | +0.21 |
| SHW The Sherwin-Williams Co. | New | 0.19% | +0.19 |
| LIN Linde PLC | Add +100.2% | 0.40% | +0.18 |
| INVH Invitation Homes Inc. | New | 0.18% | +0.18 |
| NEE Nextera Energy Inc. | New | 0.17% | +0.17 |
| GOOGL Alphabet Inc. Class A | Add +0.4% | 3.74% | +0.16 |
| BKR Baker Hughes Co. | New | 0.16% | +0.16 |
| IP International Paper Co. | New | 0.14% | +0.14 |
| PLD Prologis Inc. | New | 0.14% | +0.14 |
| ECL Ecolab Inc. | New | 0.14% | +0.14 |
| CTVA Corteva Inc. | New | 0.12% | +0.12 |
| SPG Simon Property Group Inc. | New | 0.12% | +0.12 |
| NEM Newmont Corp. | New | 0.12% | +0.12 |
| MPC Marathon Petroleum Corp. | Add +64.1% | 0.27% | +0.11 |
| VST Vistra Corp. | New | 0.11% | +0.11 |
| COP Conocophillips | Add +97.2% | 0.29% | +0.10 |
| COF Capital One Financial Corp. | New | 0.10% | +0.10 |
| UAL United Airlines Holdings Inc. | New | 0.10% | +0.10 |
| IBHG iShares Ibonds 2027 HY Inc. | Add +69.7% | 0.26% | +0.09 |
| GEV GE Vernova Inc. | Add +1.2% | 0.24% | +0.09 |
| EQIX Equinix Inc. | Add +77.4% | 0.23% | +0.09 |
| IBHH iShares Ibonds 2028 TM HY Inc. | Add +61.4% | 0.23% | +0.08 |
| ORCL Oracle Corp. | Add +14.4% | 0.18% | +0.07 |
| ANET Arista Networks Inc. | Add +2.0% | 0.36% | +0.07 |
| IBHE iShares Ibonds 2025 H/Y Inc. | Add +59.3% | 0.21% | +0.06 |
| IBHF iShares Ibond 2026 HY & Inc. | Add +50.1% | 0.22% | +0.06 |
| IBDU iShares Ibonds Dec 2029 Term | Add +52.2% | 0.18% | +0.05 |
| WMT Walmart Inc. | Add +1.0% | 1.22% | +0.03 |
| CSCO Cisco Systems Inc. | Add +11.2% | 0.17% | +0.02 |
| GOOG Alphabet Inc. Class C | Add +0.7% | 0.18% | +0.01 |
| AEE Ameren Corporation | Add +15.1% | 0.23% | +0.00 |
| IBTH iShares Ibonds Dec 2027 Term | Add +8.2% | 0.20% | −0.00 |
| IBTG iShares Ibonds Dec 2026 Term | Add +8.2% | 0.20% | −0.00 |
| IBTJ iShares Ibonds Dec 2029 Term | Add +3.1% | 0.19% | −0.01 |
| ACN Accenture PLC Class A | Add +3.3% | 0.13% | −0.01 |
| PPL PPL Corp. | Add +5.4% | 0.46% | −0.05 |
| CVX Chevron Corp. | Add +8.9% | 0.48% | −0.08 |
| LLY Eli Lilly & Co. | Add +0.4% | 1.83% | −0.29 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 211 | $483.3M | VCRB, FIGB, IGF, AAPL, NVDA |
| Q1 2026 | 206 | $442.4M | VCRB, FIGB, IGF, AAPL, NVDA |
| Q4 2025 | 155 | $236.2M | IGF, AAPL, MSFT, NVDA, GOOGL |
| Q3 2025 | 170 | $242.1M | IGF, AAPL, MSFT, NVDA, AMZN |
| Q2 2025 | 166 | $213.4M | IGF, MSFT, AAPL, NVDA, GOOGL |
| Q1 2025 | 161 | $194.8M | IGF, AAPL, MSFT, NVDA, DJP |
| Q4 2024 | 139 | $184.1M | IGF, AAPL, MSFT, NVDA, DJP |
| Q3 2024 | 153 | $185.3M | IGF, DJP, AAPL, MSFT, NVDA |
| Q2 2024 | 145 | $176.3M | IGF, DJP, AAPL, MSFT, NVDA |
| Q1 2024 | 143 | $172.0M | IGF, DJP, MSFT, AAPL, NVDA |