Hilltop National Bank
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 10, 2025), Hilltop National Bank reported 778 stock positions worth $332.6 million. Its top holding was Microsoft (MSFT) at 5.8% of the portfolio, followed by iShares MSCI Eafe ETF (EFA, 3.5%) and Vanguard S&P 500 ETF (VOO, 3.5%). Compared with Q3 2024, it opened 15 new positions, sold out of 56, added to 105 and reduced 258. The biggest buy was Invesco S&P 500 Equal Weight (RSP, shares +117520%) and the biggest sale an exit from Arista Networks (ANET).
- Most Recent 13F
- Q2 2026
- Location
- CASPER, WY
- CIK
- 0002021658
- Portfolio Value
- $332.6M (Q4 2024)
- SEC Filing
- 0002021658-25-000001 ↗ filed Jan 10, 2025
Holdings Value
Holdings 778 stocks · $332.6M
| MSFT Microsoft Corp. | 5.80% | 45,790 | $19.3M | Reduce -0.2% |
| EFA iShares MSCI Eafe ETF | 3.50% | 154,042 | $11.6M | Add +17.5% |
| VOO Vanguard S&P 500 ETF | 3.50% | 21,610 | $11.6M | Reduce -5.5% |
| AAPL Apple Inc. | 3.07% | 40,825 | $10.2M | Add +0.1% |
| NVDA Nvidia Corp. | 2.97% | 73,467 | $9.9M | Reduce -2.4% |
| IVV iShares Core S&P 500 ETF | 1.97% | 11,113 | $6.5M | Reduce -0.5% |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 1.63% | 33,480 | $5.4M | Add +7.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.61% | 11,789 | $5.3M | Add +1.9% |
| INFL Horizon Kinetics Infl Benef | 1.42% | 124,115 | $4.7M | Add +25.0% |
| IJH iShares Core S&P Midcap ETF | 1.32% | 70,697 | $4.4M | Add +15.7% |
| IWP iShares Russell Mid-Cap Grow | 1.25% | 32,897 | $4.2M | Add +4.5% |
| LLY Eli Lilly & Co. | 1.25% | 5,364 | $4.1M | Reduce -1.5% |
| RSP Invesco S&P 500 Equal Weight | 1.24% | 23,524 | $4.1M | Add +117520.0% |
| IAU iShares Gold Trust | 1.24% | 83,134 | $4.1M | Reduce -0.8% |
| VWO Vanguard Ftse Emerging Marke | 1.11% | 84,092 | $3.7M | Add +11.3% |
| XOM Exxon Mobil Corp. | 1.11% | 34,271 | $3.7M | Reduce -2.9% |
| AVGO Broadcom Inc. | 1.04% | 14,910 | $3.5M | Reduce -4.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.02% | 5 | $3.4M | No change |
| TSM Taiwan Semiconductor-SP ADR | 0.99% | 16,749 | $3.3M | Add +6.1% |
| IVW iShares S&P 500 Growth ETF | 0.98% | 32,241 | $3.3M | Reduce -4.3% |
| NFLX Netflix Inc. | 0.97% | 3,609 | $3.2M | Add +2.6% |
| COST Costco Wholesale Corp. | 0.92% | 3,328 | $3.0M | Add +0.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.90% | 15,104 | $3.0M | Add +30.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.89% | 5,784 | $3.0M | No change |
| PEP Pepsico Inc. | 0.83% | 18,207 | $2.8M | Reduce -5.8% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.82% | 16,138 | $2.7M | Add +17.2% |
| CMG Chipotle Mexican Grill Inc. | 0.81% | 44,582 | $2.7M | Add +6.5% |
| AMP Ameriprise Financial Inc. | 0.81% | 5,047 | $2.7M | Add +2.6% |
| PG The Procter & Gamble Co. | 0.81% | 16,012 | $2.7M | Reduce -1.7% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.78% | 9,218 | $2.6M | Add +28.9% |
| JPM JPMorgan Chase & Co. | 0.78% | 10,752 | $2.6M | Reduce -1.8% |
| META Meta Platforms Inc. Class A | 0.74% | 4,178 | $2.4M | Add +15.8% |
| UNH Unitedhealth Group Inc. | 0.72% | 4,716 | $2.4M | Reduce -0.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.70% | 3,986 | $2.3M | Reduce -1.2% |
| IJR iShares Core S&P Small-Cap E | 0.69% | 20,058 | $2.3M | Add +6.3% |
| SO The Southern Co. | 0.69% | 28,074 | $2.3M | Add +1.9% |
| TT Trane Technologies PLC | 0.68% | 6,140 | $2.3M | Add +0.7% |
| BX Blackstone Inc. | 0.67% | 12,998 | $2.2M | Add +3.8% |
| AXP American Express Co. | 0.67% | 7,526 | $2.2M | Add +8.0% |
| WMT Walmart Inc. | 0.67% | 24,647 | $2.2M | Reduce -1.8% |
| AMZN Amazon.com Inc. | 0.65% | 9,864 | $2.2M | Reduce -4.3% |
| EEMV iShares MSCI Emg MKT Min Vol | 0.63% | 35,887 | $2.1M | Add +9.1% |
| PWR Quanta Services Inc. | 0.62% | 6,472 | $2.0M | Add +4.0% |
| MRK Merck & Co. Inc. | 0.60% | 19,934 | $2.0M | Add +5.9% |
| TMUS T-Mobile US Inc. | 0.59% | 8,954 | $2.0M | Add +3.4% |
| COP Conocophillips | 0.55% | 18,432 | $1.8M | Reduce -2.2% |
| MDT Medtronic PLC | 0.55% | 22,781 | $1.8M | Add +1.9% |
| AMGN Amgen Inc. | 0.54% | 6,875 | $1.8M | Add +12.4% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.53% | 20,576 | $1.8M | Reduce -0.6% |
| UNP Union Pacific Corp. | 0.52% | 7,646 | $1.7M | Reduce -3.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.52% | 7,827 | $1.7M | Add +34.8% |
| JNJ Johnson & Johnson | 0.52% | 11,864 | $1.7M | Reduce -1.0% |
| KLAC KLA Corp. | 0.49% | 2,587 | $1.6M | Reduce -7.4% |
| DE Deere & Co. | 0.49% | 3,821 | $1.6M | Reduce -8.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.48% | 6,103 | $1.6M | Add +40.6% |
| ONEQ Fidelity Nasdaq Comp Indx | 0.48% | 21,080 | $1.6M | Reduce -0.6% |
| ABT Abbott Laboratories | 0.48% | 14,148 | $1.6M | Reduce -4.8% |
| MAR Marriott International Class A | 0.47% | 5,638 | $1.6M | Add +2.9% |
| MA Mastercard Inc. Class A | 0.47% | 2,978 | $1.6M | Add +4.0% |
| FIS Fidelity National Info Serv | 0.46% | 18,743 | $1.5M | Add +5.8% |
| LOW Lowe's Cos Inc. | 0.45% | 6,114 | $1.5M | Reduce -2.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.44% | 3,591 | $1.5M | Add +54.5% |
| XLK SS Technology Select Sector | 0.44% | 6,327 | $1.5M | No change |
| QCOM Qualcomm Inc. | 0.43% | 9,355 | $1.4M | Reduce -3.2% |
| HON Honeywell International Inc. | 0.42% | 6,165 | $1.4M | Reduce -0.0% |
| GEHC GE Healthcare Technology | 0.42% | 17,658 | $1.4M | Add +8000.0% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.41% | 5,351 | $1.4M | Add +26.7% |
| SHEL Shell PLC-ADR | 0.41% | 21,652 | $1.4M | Add +11.9% |
| DD Dupont DE Nemours Inc. | 0.40% | 17,303 | $1.3M | Add +6.1% |
| DKS Dick's Sporting Goods Inc. | 0.39% | 5,709 | $1.3M | Add +29.3% |
| OKE Oneok Inc. | 0.39% | 12,849 | $1.3M | Reduce -8.1% |
| V Visa Inc. Class A | 0.39% | 4,052 | $1.3M | Reduce -4.7% |
| NXPI NXP Semiconductors NV | 0.38% | 6,005 | $1.2M | Add +3.7% |
| PAYX Paychex Inc. | 0.37% | 8,826 | $1.2M | Reduce -2.1% |
| SCHD Schwab US DVD Equity ETF | 0.36% | 44,434 | $1.2M | Add +1.3% |
| LULU Lululemon Athletica Inc. | 0.36% | 3,166 | $1.2M | Add +28.4% |
| PEG Public Service Enterprise GP | 0.36% | 14,217 | $1.2M | Reduce -5.3% |
| SLF Sun Life Financial Inc. | 0.36% | 20,239 | $1.2M | No change |
| LMT Lockheed Martin Corp. | 0.35% | 2,413 | $1.2M | Reduce -0.5% |
| CSCO Cisco Systems Inc. | 0.35% | 19,757 | $1.2M | Reduce -1.7% |
| IWB iShares Russell 1000 ETF | 0.35% | 3,568 | $1.1M | No change |
| IVE iShares S&P 500 Value ETF | 0.35% | 6,021 | $1.1M | Reduce -7.9% |
| PRU Prudential Financial Inc. | 0.34% | 9,541 | $1.1M | Reduce -7.3% |
| XLG Invesco S&P 500 Top 50 ETF | 0.34% | 22,455 | $1.1M | Reduce -1.8% |
| J Jacobs Solutions Inc. | 0.33% | 8,101 | $1.1M | Add +6.9% |
| HPQ HP Inc. | 0.31% | 31,745 | $1.0M | Reduce -5.1% |
| PSX Phillips 66 | 0.31% | 9,006 | $1.0M | Add +28.0% |
| GOOGL Alphabet Inc. Class A | 0.31% | 5,380 | $1.0M | Reduce -1.8% |
| WFC Wells Fargo & Co. | 0.29% | 13,658 | $959K | Reduce -6.2% |
| HD Home Depot Inc. | 0.29% | 2,464 | $958K | Reduce -4.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.29% | 3,302 | $957K | Add +2.3% |
| CVX Chevron Corp. | 0.29% | 6,605 | $957K | Reduce -1.1% |
| STX Seagate Technology Holdings | 0.28% | 10,910 | $942K | Reduce -5.7% |
| NEM Newmont Corp. | 0.28% | 25,259 | $940K | Add +80.1% |
| KR Kroger Co. | 0.28% | 15,370 | $940K | Add +29.2% |
| TOL Toll Brothers Inc. | 0.28% | 7,439 | $937K | Add +3.2% |
| EPD Enterprise Products Partners | 0.28% | 29,647 | $930K | Reduce -1.8% |
| VZ Verizon Communications Inc. | 0.28% | 23,095 | $924K | Add +18.1% |
| COF Capital One Financial Corp. | 0.28% | 5,167 | $921K | Reduce -1.4% |
| CAT Caterpillar Inc. | 0.27% | 2,502 | $908K | Reduce -5.4% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 49 | $1K | Reduce -22.2% |
Total filed on the 13F, all lines: $332.6M.
Portfolio Sells Q3 2024 → Q4 2024
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.88 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.51 |
| MCK McKesson Corp. | Reduce -58.6% | 0.27% | −0.30 |
| LLY Eli Lilly & Co. | Reduce -1.5% | 1.25% | −0.22 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -0.6% | 0.53% | −0.22 |
| MSFT Microsoft Corp. | Reduce -0.2% | 5.80% | −0.19 |
| KLAC KLA Corp. | Reduce -7.4% | 0.49% | −0.17 |
| PEP Pepsico Inc. | Reduce -5.8% | 0.83% | −0.17 |
| VOO Vanguard S&P 500 ETF | Reduce -5.5% | 3.50% | −0.16 |
| XOM Exxon Mobil Corp. | Reduce -2.9% | 1.11% | −0.15 |
| UNH Unitedhealth Group Inc. | Reduce -0.6% | 0.72% | −0.13 |
| STX Seagate Technology Holdings | Reduce -5.7% | 0.28% | −0.10 |
| LMT Lockheed Martin Corp. | Reduce -0.5% | 0.35% | −0.08 |
| JNJ Johnson & Johnson | Reduce -1.0% | 0.52% | −0.07 |
| QCOM Qualcomm Inc. | Reduce -3.2% | 0.43% | −0.07 |
| UNP Union Pacific Corp. | Reduce -3.1% | 0.52% | −0.07 |
| LOW Lowe's Cos Inc. | Reduce -2.1% | 0.45% | −0.06 |
| COP Conocophillips | Reduce -2.2% | 0.55% | −0.05 |
| HPQ HP Inc. | Reduce -5.1% | 0.31% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -1.7% | 0.81% | −0.05 |
| GPC Genuine Parts Co. | Reduce -0.6% | 0.22% | −0.05 |
| IVE iShares S&P 500 Value ETF | Reduce -7.9% | 0.35% | −0.05 |
| AMD Advanced Micro Devices | Reduce -7.0% | 0.10% | −0.05 |
| PEG Public Service Enterprise GP | Reduce -5.3% | 0.36% | −0.05 |
| IPG Interpublic Group of Cos Inc. | Reduce -99.1% | 0.00% | −0.04 |
| SNY Sanofi-ADR | Reduce -4.0% | 0.17% | −0.04 |
| CAT Caterpillar Inc. | Reduce -5.4% | 0.27% | −0.04 |
| DE Deere & Co. | Reduce -8.0% | 0.49% | −0.04 |
| ATO Atmos Energy Corp. | Reduce -59.3% | 0.03% | −0.04 |
| PRU Prudential Financial Inc. | Reduce -7.3% | 0.34% | −0.04 |
| ASH Ashland Inc. | Reduce -10.5% | 0.10% | −0.04 |
| TGT Target Corp. | Reduce -2.0% | 0.20% | −0.04 |
| CTVA Corteva Inc. | Reduce -57.6% | 0.02% | −0.04 |
| ABT Abbott Laboratories | Reduce -4.8% | 0.48% | −0.03 |
| IJS iShares S&P Small-Cap 600 Va | Reduce -24.9% | 0.10% | −0.03 |
| DVN Devon Energy Corp. | Reduce -3.9% | 0.12% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -4.8% | 0.12% | −0.03 |
| HD Home Depot Inc. | Reduce -4.8% | 0.29% | −0.03 |
| PH Parker Hannifin Corp. | Reduce -12.1% | 0.21% | −0.03 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.03 |
| IAU iShares Gold Trust | Reduce -0.8% | 1.24% | −0.03 |
| ENB Enbridge Inc. | Reduce -39.6% | 0.04% | −0.03 |
| PM Philip Morris International | Reduce -18.9% | 0.11% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -31.1% | 0.03% | −0.03 |
| UL Unilever PLC | Reduce -1.1% | 0.15% | −0.03 |
| PNW Pinnacle West Capital | Sold out | 0.00% | −0.03 |
| HLMN Hillman Solutions Corp. | Sold out | 0.00% | −0.02 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -0.5% | 0.12% | −0.02 |
| ALL Allstate Corp. | Reduce -50.4% | 0.02% | −0.02 |
| F Ford Motor Co. | Reduce -49.8% | 0.02% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| RSP Invesco S&P 500 Equal Weight | Add +117520.0% | 1.24% | +1.24 |
| GEHC GE Healthcare Technology | Add +8000.0% | 0.42% | +0.41 |
| INFL Horizon Kinetics Infl Benef | Add +25.0% | 1.42% | +0.29 |
| NFLX Netflix Inc. | Add +2.6% | 0.97% | +0.21 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +28.9% | 0.78% | +0.20 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +30.4% | 0.90% | +0.19 |
| AAPL Apple Inc. | Add +0.1% | 3.07% | +0.19 |
| EFA iShares MSCI Eafe ETF | Add +17.5% | 3.50% | +0.17 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +54.5% | 0.44% | +0.17 |
| IJH iShares Core S&P Midcap ETF | Add +15.7% | 1.32% | +0.17 |
| TSM Taiwan Semiconductor-SP ADR | Add +6.1% | 0.99% | +0.16 |
| LULU Lululemon Athletica Inc. | Add +28.4% | 0.36% | +0.16 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +40.6% | 0.48% | +0.14 |
| IWP iShares Russell Mid-Cap Grow | Add +4.5% | 1.25% | +0.13 |
| IBM Intl Business Machines Corp. | Add +34.8% | 0.52% | +0.13 |
| DKS Dick's Sporting Goods Inc. | Add +29.3% | 0.39% | +0.11 |
| META Meta Platforms Inc. Class A | Add +15.8% | 0.74% | +0.11 |
| AMP Ameriprise Financial Inc. | Add +2.6% | 0.81% | +0.11 |
| AXP American Express Co. | Add +8.0% | 0.67% | +0.10 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +26.7% | 0.41% | +0.10 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +17.2% | 0.82% | +0.09 |
| BX Blackstone Inc. | Add +3.8% | 0.67% | +0.09 |
| CMG Chipotle Mexican Grill Inc. | Add +6.5% | 0.81% | +0.08 |
| KR Kroger Co. | Add +29.2% | 0.28% | +0.08 |
| MAR Marriott International Class A | Add +2.9% | 0.47% | +0.06 |
| NEM Newmont Corp. | Add +80.1% | 0.28% | +0.06 |
| PWR Quanta Services Inc. | Add +4.0% | 0.62% | +0.05 |
| TMUS T-Mobile US Inc. | Add +3.4% | 0.59% | +0.05 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | Add +7.6% | 1.63% | +0.04 |
| MA Mastercard Inc. Class A | Add +4.0% | 0.47% | +0.04 |
| NOW ServiceNow Inc. | Add +22.8% | 0.13% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +13.6% | 0.06% | +0.04 |
| SLB SLB Ltd. | Add +70.2% | 0.09% | +0.03 |
| FERG Ferguson Enterprises Inc. | New | 0.03% | +0.03 |
| COST Costco Wholesale Corp. | Add +0.9% | 0.92% | +0.03 |
| PSX Phillips 66 | Add +28.0% | 0.31% | +0.03 |
| GLD SPDR Gold Shares | Add +18.2% | 0.19% | +0.03 |
| IJR iShares Core S&P Small-Cap E | Add +6.3% | 0.69% | +0.02 |
| J Jacobs Solutions Inc. | Add +6.9% | 0.33% | +0.02 |
| PYPL PayPal Holdings Inc. | Add +129.1% | 0.04% | +0.02 |
| SHEL Shell PLC-ADR | Add +11.9% | 0.41% | +0.02 |
| BAC Bank of America Corp. | Add +1.2% | 0.20% | +0.02 |
| MELI MercadoLibre Inc. | Add +82.1% | 0.05% | +0.02 |
| PR Permian Resources Corp. Class A | New | 0.02% | +0.02 |
| AVB Avalonbay Communities Inc. | Add +10.3% | 0.27% | +0.02 |
| TEL Te Connectivity PLC | New | 0.02% | +0.02 |
| AMTM Amentum Holdings Inc. | New | 0.02% | +0.02 |
| PCOR Procore Technologies Inc. | New | 0.02% | +0.02 |
| VWO Vanguard Ftse Emerging Marke | Add +11.3% | 1.11% | +0.02 |
| SLV iShares Silver Trust | Add +266.7% | 0.02% | +0.02 |
Notes & Other Activity Q3 2024 → Q4 2024
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -22.2% | 49 | $1K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 805 | $468.4M | MSFT, EFA, VOO, INFL, NVDA |
| Q1 2026 | 795 | $420.5M | MSFT, EFA, INFL, VOO, NVDA |
| Q4 2025 | 779 | $413.6M | MSFT, EFA, VOO, NVDA, AAPL |
| Q3 2025 | 793 | $406.1M | MSFT, EFA, VOO, NVDA, AAPL |
| Q2 2025 | 794 | $383.3M | MSFT, EFA, VOO, NVDA, IVV |
| Q4 2024 | 778 | $332.6M | MSFT, EFA, VOO, AAPL, NVDA |
| Q3 2024 | 819 | $329.3M | MSFT, VOO, EFA, AAPL, NVDA |
| Q2 2024 | 828 | $310.9M | MSFT, VOO, EFA, NVDA, AAPL |
| Q1 2024 | 799 | $294.4M | MSFT, VOO, EFA, AAPL, NVDA |