Heartland Bank & Trust Co
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 10, 2025), Heartland Bank & Trust Co reported 170 stock positions worth $242.1 million. Its top holding was iShares Global Infrastructur (IGF) at 8.0% of the portfolio, followed by Apple (AAPL, 7.2%) and Microsoft (MSFT, 6.3%). Compared with Q2 2025, it opened 13 new positions, sold out of 9, added to 74 and reduced 76. The biggest buy was Apple (AAPL, shares +17%) and the biggest sale Ipath Bloomberg Commodity (DJP, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- BLOOMINGTON, IL
- CIK
- 0001866040
- Portfolio Value
- $242.1M (Q3 2025)
- SEC Filing
- 0001866040-25-000010 ↗ filed Nov 10, 2025
Holdings Value
Holdings 170 stocks · $242.1M
| IGF iShares Global Infrastructur | 7.96% | 315,138 | $19.3M | Add +2.9% |
| AAPL Apple Inc. | 7.25% | 68,922 | $17.5M | Add +17.0% |
| MSFT Microsoft Corp. | 6.25% | 29,228 | $15.1M | Add +2.2% |
| NVDA Nvidia Corp. | 5.46% | 70,880 | $13.2M | Reduce -4.1% |
| AMZN Amazon.com Inc. | 3.73% | 41,130 | $9.0M | Add +50.3% |
| GOOGL Alphabet Inc. Class A | 3.72% | 37,042 | $9.0M | Reduce -18.2% |
| DJP Ipath Bloomberg Commodity Inc. filed as BARCLAYS BANK PLC | 2.65% | 180,687 | $6.4M | Reduce -10.9% |
| AVGO Broadcom Inc. | 2.00% | 14,680 | $4.8M | Reduce -0.7% |
| META Meta Platforms Inc. Class A | 1.94% | 6,393 | $4.7M | Reduce -10.9% |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | 1.87% | 186,375 | $4.5M | Add +23.8% |
| IBDT iShares Ibonds Dec 2028 ETF | 1.78% | 168,892 | $4.3M | Add +23.6% |
| JPM JPMorgan Chase & Co. | 1.70% | 13,021 | $4.1M | Reduce -3.9% |
| IBDR iShares Ibonds Dec 2026 Term | 1.62% | 161,143 | $3.9M | Add +31.3% |
| ABBV Abbvie Inc. | 1.59% | 16,617 | $3.8M | Add +82.2% |
| LLY Eli Lilly & Co. | 1.55% | 4,904 | $3.7M | Reduce -2.0% |
| TSLA Tesla Inc. | 1.44% | 7,852 | $3.5M | Add +9.3% |
| CAT Caterpillar Inc. | 1.24% | 6,275 | $3.0M | Add +128.3% |
| IBDQ iShares Ibonds Dec 2025 Term | 1.20% | 115,689 | $2.9M | Add +25.6% |
| AMD Advanced Micro Devices | 1.01% | 15,081 | $2.4M | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.96% | 4,618 | $2.3M | Reduce -0.3% |
| HD Home Depot Inc. | 0.92% | 5,482 | $2.2M | Add +42.9% |
| XOM Exxon Mobil Corp. | 0.90% | 19,317 | $2.2M | Add +3.8% |
| SHV iShares 0-1 Year Treasury Bo | 0.87% | 18,964 | $2.1M | Add +6.0% |
| WMT Walmart Inc. | 0.85% | 19,934 | $2.1M | Reduce -25.3% |
| PLTR Palantir Technologies Inc. Class A | 0.85% | 11,242 | $2.1M | Reduce -2.0% |
| NFLX Netflix Inc. | 0.78% | 1,569 | $1.9M | Reduce -20.0% |
| V Visa Inc. Class A | 0.74% | 5,259 | $1.8M | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.70% | 9,140 | $1.7M | Reduce -0.9% |
| MA Mastercard Inc. Class A | 0.68% | 2,895 | $1.6M | Reduce -1.1% |
| IBTG iShares Ibonds Dec 2026 Term | 0.60% | 63,074 | $1.4M | Add +238.2% |
| GE General Electric filed as GE AEROSPACE | 0.60% | 4,812 | $1.4M | Add +0.9% |
| MU Micron Technology Inc. | 0.60% | 8,641 | $1.4M | Add +0.9% |
| IBTH iShares Ibonds Dec 2027 Term | 0.59% | 63,532 | $1.4M | Add +232.6% |
| GS Goldman Sachs Group Inc. | 0.58% | 1,759 | $1.4M | Add +0.6% |
| PG The Procter & Gamble Co. | 0.57% | 8,992 | $1.4M | Reduce -27.1% |
| CRM Salesforce Inc. | 0.57% | 5,807 | $1.4M | Reduce -0.1% |
| COST Costco Wholesale Corp. | 0.57% | 1,486 | $1.4M | Add +24.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.53% | 4,507 | $1.3M | Reduce -1.8% |
| UNH Unitedhealth Group Inc. | 0.51% | 3,591 | $1.2M | Reduce -2.1% |
| KLAC KLA Corp. | 0.51% | 1,144 | $1.2M | Reduce -3.9% |
| SPGI S&P Global Inc. | 0.51% | 2,523 | $1.2M | Reduce -0.3% |
| PM Philip Morris International | 0.49% | 7,269 | $1.2M | New |
| CVX Chevron Corp. | 0.48% | 7,483 | $1.2M | Add +5.1% |
| ABT Abbott Laboratories | 0.48% | 8,645 | $1.2M | Reduce -4.7% |
| FITB Fifth Third Bancorp | 0.46% | 25,030 | $1.1M | Add +0.7% |
| KO The Coca-Cola Co. | 0.45% | 16,252 | $1.1M | Add +51.7% |
| PPL PPL Corp. | 0.44% | 28,922 | $1.1M | Reduce -0.1% |
| ANET Arista Networks Inc. | 0.44% | 7,237 | $1.1M | Reduce -4.4% |
| CMI Cummins Inc. | 0.41% | 2,371 | $1.0M | Reduce -8.8% |
| APH Amphenol Corp. Class A | 0.41% | 7,970 | $986K | Add +0.1% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.41% | 8,998 | $980K | Reduce -0.3% |
| PANW Palo Alto Networks Inc. | 0.40% | 4,807 | $979K | Reduce -0.6% |
| JCI Johnson Controls Internation | 0.40% | 8,881 | $976K | Reduce -1.4% |
| ADP Automatic Data Processing | 0.39% | 3,230 | $948K | Reduce -0.3% |
| BX Blackstone Inc. | 0.39% | 5,527 | $944K | Reduce -0.3% |
| LMT Lockheed Martin Corp. | 0.39% | 1,886 | $942K | Reduce -0.3% |
| MCD McDonald's Corp. | 0.39% | 3,091 | $939K | Add +50.6% |
| BSX Boston Scientific Corp. | 0.38% | 9,434 | $921K | Reduce -0.4% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 0.38% | 2,961 | $917K | Add +0.4% |
| EMR Emerson Electric Co. | 0.38% | 6,955 | $912K | Reduce -0.7% |
| RTX RTX Corp. | 0.37% | 5,421 | $907K | Add +4.5% |
| ISRG Intuitive Surgical Inc. | 0.37% | 2,015 | $901K | Reduce -0.6% |
| NOW ServiceNow Inc. | 0.36% | 944 | $869K | Reduce -1.1% |
| LIN Linde PLC | 0.36% | 1,812 | $861K | Reduce -0.8% |
| SYK Stryker Corp. | 0.35% | 2,307 | $853K | No change |
| EXPE Expedia Group Inc. | 0.35% | 3,969 | $848K | New |
| PEP Pepsico Inc. | 0.34% | 5,861 | $823K | Add +4.3% |
| RCL Royal Caribbean Cruises Ltd. | 0.33% | 2,503 | $810K | New |
| WMB Williams Cos Inc. | 0.32% | 12,094 | $766K | Add +1.3% |
| MCK McKesson Corp. | 0.31% | 983 | $759K | Reduce -1.6% |
| CMCSA Comcast Corp. Class A | 0.31% | 23,811 | $748K | New |
| GILD Gilead Sciences Inc. | 0.31% | 6,692 | $743K | Add +0.0% |
| TMO Thermo Fisher Scientific Inc. | 0.30% | 1,502 | $729K | Add +0.1% |
| UNP Union Pacific Corp. | 0.30% | 3,077 | $727K | Reduce -15.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.30% | 6,340 | $726K | New |
| MDLZ Mondelez International Inc. Class A | 0.30% | 11,590 | $724K | Add +24.3% |
| T AT&T Inc. | 0.30% | 25,632 | $724K | Add +13.3% |
| MMM 3M Co. | 0.29% | 4,592 | $713K | Add +0.4% |
| IBHG iShares Ibonds 2027 HY Inc. | 0.29% | 31,641 | $712K | Add +27.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.29% | 4,901 | $708K | Add +10.7% |
| FICO Fair Isaac Corp. | 0.29% | 464 | $694K | Add +1.3% |
| MRK Merck & Co. Inc. | 0.28% | 8,191 | $687K | Add +8.1% |
| MPC Marathon Petroleum Corp. | 0.28% | 3,544 | $683K | Add +0.5% |
| DOV Dover Corp. | 0.28% | 4,083 | $681K | Reduce -1.1% |
| PGR Progressive Corp. | 0.27% | 2,675 | $661K | Add +0.4% |
| COP Conocophillips | 0.27% | 6,887 | $651K | Add +0.4% |
| EVRG Evergy Inc. | 0.27% | 8,559 | $651K | Reduce -0.0% |
| C Citigroup Inc. | 0.27% | 6,358 | $645K | Reduce -0.2% |
| IBHF iShares Ibond 2026 HY & Inc. | 0.26% | 27,292 | $638K | Add +34.3% |
| AEE Ameren Corporation | 0.25% | 5,905 | $616K | Add +14.1% |
| IBHH iShares Ibonds 2028 TM HY Inc. | 0.25% | 25,510 | $609K | Add +21.7% |
| GEV GE Vernova Inc. | 0.25% | 973 | $598K | Reduce -1.3% |
| WEC WEC Energy Group Inc. | 0.24% | 5,113 | $586K | Add +4.4% |
| UBER Uber Technologies Inc. | 0.24% | 5,921 | $580K | Add +0.0% |
| ALL Allstate Corp. | 0.23% | 2,649 | $569K | Reduce -0.3% |
| SCHW Schwab (charles) Corp. | 0.23% | 5,893 | $563K | Reduce -1.1% |
| PFE Pfizer Inc. | 0.23% | 21,669 | $552K | Add +4.9% |
| IBHE iShares Ibonds 2025 H/Y Inc. | 0.23% | 23,481 | $545K | Add +23.4% |
| AMT American Tower Corp. | 0.22% | 2,813 | $541K | Add +0.4% |
| WFC Wells Fargo & Co. | 0.22% | 6,453 | $541K | Reduce -4.2% |
Portfolio Sells Q2 2025 → Q3 2025
| DJP Ipath Bloomberg Commodity Inc. | Reduce -10.9% | 2.65% | −0.58 |
| META Meta Platforms Inc. Class A | Reduce -10.9% | 1.94% | −0.54 |
| NFLX Netflix Inc. | Reduce -20.0% | 0.78% | −0.45 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.38 |
| TSCO Tractor Supply Company | Sold out | 0.00% | −0.38 |
| WMT Walmart Inc. | Reduce -25.3% | 0.85% | −0.37 |
| FOX Fox Corp. Class B | Reduce -77.9% | 0.10% | −0.36 |
| PG The Procter & Gamble Co. | Reduce -27.1% | 0.57% | −0.35 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −0.30 |
| LLY Eli Lilly & Co. | Reduce -2.0% | 1.55% | −0.28 |
| SBUX Starbucks Corp. | Reduce -59.4% | 0.12% | −0.24 |
| GIS General Mills Inc. | Sold out | 0.00% | −0.20 |
| MNST Monster Beverage Corp. | Reduce -67.1% | 0.09% | −0.20 |
| CRM Salesforce Inc. | Reduce -0.1% | 0.57% | −0.17 |
| JPM JPMorgan Chase & Co. | Reduce -3.9% | 1.70% | −0.14 |
| ISRG Intuitive Surgical Inc. | Reduce -0.6% | 0.37% | −0.14 |
| V Visa Inc. Class A | Reduce -0.9% | 0.74% | −0.14 |
| ROST Ross Stores Inc. | Sold out | 0.00% | −0.14 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.13 |
| SPGI S&P Global Inc. | Reduce -0.3% | 0.51% | −0.12 |
| BLK BlackRock Inc. | Sold out | 0.00% | −0.11 |
| IBM Intl Business Machines Corp. | Reduce -1.8% | 0.53% | −0.11 |
| LVS Las Vegas Sands Corp. | Sold out | 0.00% | −0.10 |
| NOW ServiceNow Inc. | Reduce -1.1% | 0.36% | −0.10 |
| ABT Abbott Laboratories | Reduce -4.7% | 0.48% | −0.10 |
| AXP American Express Co. | Reduce -48.8% | 0.09% | −0.10 |
| BSX Boston Scientific Corp. | Reduce -0.4% | 0.38% | −0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.3% | 0.96% | −0.10 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −0.09 |
| MA Mastercard Inc. Class A | Reduce -1.1% | 0.68% | −0.09 |
| UNP Union Pacific Corp. | Reduce -15.0% | 0.30% | −0.09 |
| ADP Automatic Data Processing | Reduce -0.3% | 0.39% | −0.08 |
| TMUS T-Mobile US Inc. | Reduce -20.4% | 0.18% | −0.07 |
| DOV Dover Corp. | Reduce -1.1% | 0.28% | −0.07 |
| EMR Emerson Electric Co. | Reduce -0.7% | 0.38% | −0.06 |
| PANW Palo Alto Networks Inc. | Reduce -0.6% | 0.40% | −0.06 |
| HSY The Hershey Co. | Reduce -33.1% | 0.11% | −0.05 |
| LIN Linde PLC | Reduce -0.8% | 0.36% | −0.05 |
| RSG Republic Services Inc. | Reduce -0.4% | 0.20% | −0.05 |
| JCI Johnson Controls Internation | Reduce -1.4% | 0.40% | −0.04 |
| ACN Accenture PLC Class A | Reduce -7.3% | 0.09% | −0.04 |
| VRSK Verisk Analytics Inc. | Reduce -0.8% | 0.10% | −0.04 |
| INVH Invitation Homes Inc. | Reduce -0.3% | 0.14% | −0.04 |
| UPS United Parcel Service Class B | Reduce -0.1% | 0.10% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -34.0% | 0.14% | −0.04 |
| CTAS Cintas Corp. | Reduce -1.2% | 0.14% | −0.04 |
| GWW WW Grainger Inc. | Reduce -0.6% | 0.14% | −0.04 |
| DE Deere & Co. | Reduce -0.3% | 0.13% | −0.03 |
| EQIX Equinix Inc. | Reduce -0.6% | 0.20% | −0.03 |
| CTVA Corteva Inc. | Reduce -7.4% | 0.09% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +17.0% | 7.25% | +1.59 |
| AMZN Amazon.com Inc. | Add +50.3% | 3.73% | +0.92 |
| ABBV Abbvie Inc. | Add +82.2% | 1.59% | +0.80 |
| CAT Caterpillar Inc. | Add +128.3% | 1.24% | +0.74 |
| PM Philip Morris International | New | 0.49% | +0.49 |
| IBTG iShares Ibonds Dec 2026 Term | Add +238.2% | 0.60% | +0.40 |
| IBTH iShares Ibonds Dec 2027 Term | Add +232.6% | 0.59% | +0.39 |
| TSLA Tesla Inc. | Add +9.3% | 1.44% | +0.37 |
| EXPE Expedia Group Inc. | New | 0.35% | +0.35 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.33% | +0.33 |
| CMCSA Comcast Corp. Class A | New | 0.31% | +0.31 |
| DIS The Walt Disney Co. | New | 0.30% | +0.30 |
| HD Home Depot Inc. | Add +42.9% | 0.92% | +0.26 |
| IBDR iShares Ibonds Dec 2026 Term | Add +31.3% | 1.62% | +0.22 |
| GM General Motors Co. | New | 0.21% | +0.21 |
| DHI D.R. Horton Inc. | New | 0.17% | +0.17 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | Add +23.8% | 1.87% | +0.16 |
| DASH DoorDash Inc. Class A | New | 0.15% | +0.15 |
| IBDT iShares Ibonds Dec 2028 ETF | Add +23.6% | 1.78% | +0.15 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +25.6% | 1.20% | +0.12 |
| MCD McDonald's Corp. | Add +50.6% | 0.39% | +0.11 |
| ORLY O'reilly Automotive Inc. | New | 0.10% | +0.10 |
| MU Micron Technology Inc. | Add +0.9% | 0.60% | +0.10 |
| GRMN Garmin Ltd. | New | 0.10% | +0.10 |
| CL Colgate-Palmolive Co. | New | 0.10% | +0.10 |
| CBRE CBRE Group Inc. Class A | New | 0.09% | +0.09 |
| KO The Coca-Cola Co. | Add +51.7% | 0.45% | +0.09 |
| MLM Martin Marietta Materials | New | 0.09% | +0.09 |
| VZ Verizon Communications Inc. | Add +41.4% | 0.22% | +0.05 |
| IBHF iShares Ibond 2026 HY & Inc. | Add +34.3% | 0.26% | +0.04 |
| ORCL Oracle Corp. | Add +7.9% | 0.22% | +0.04 |
| APH Amphenol Corp. Class A | Add +0.1% | 0.41% | +0.04 |
| TJX TJX Companies Inc. | Add +10.7% | 0.29% | +0.04 |
| IBHG iShares Ibonds 2027 HY Inc. | Add +27.8% | 0.29% | +0.03 |
| GE General Electric | Add +0.9% | 0.60% | +0.02 |
| AEE Ameren Corporation | Add +14.1% | 0.25% | +0.02 |
| RTX RTX Corp. | Add +4.5% | 0.37% | +0.02 |
| IBHH iShares Ibonds 2028 TM HY Inc. | Add +21.7% | 0.25% | +0.02 |
| IBHE iShares Ibonds 2025 H/Y Inc. | Add +23.4% | 0.23% | +0.02 |
| TMO Thermo Fisher Scientific Inc. | Add +0.1% | 0.30% | +0.02 |
| COST Costco Wholesale Corp. | Add +24.0% | 0.57% | +0.01 |
| CFG Citizens Financial Group | Add +0.5% | 0.21% | +0.01 |
| AMD Advanced Micro Devices | Add +0.5% | 1.01% | +0.01 |
| MPC Marathon Petroleum Corp. | Add +0.5% | 0.28% | +0.01 |
| UAL United Airlines Holdings Inc. | Add +0.0% | 0.10% | +0.01 |
| IBDU iShares Ibonds Dec 2029 Term | Add +16.3% | 0.18% | +0.01 |
| MDLZ Mondelez International Inc. Class A | Add +24.3% | 0.30% | +0.00 |
| WEC WEC Energy Group Inc. | Add +4.4% | 0.24% | +0.00 |
| MRK Merck & Co. Inc. | Add +8.1% | 0.28% | +0.00 |
| CVX Chevron Corp. | Add +5.1% | 0.48% | +0.00 |
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 |