Iowa State Bank

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 6, 2025), Iowa State Bank reported 106 stock positions worth $480.6 million. Its top holding was iShares Core MSCI Eafe ETF (IEFA) at 4.8% of the portfolio, followed by iShares Core S&P Midcap ETF (IJH, 4.7%) and Apple (AAPL, 4.1%). Compared with Q3 2024, it opened 2 new positions, sold out of 6, added to 35 and reduced 53. The biggest buy was a new position in Palantir Technologies Class A (PLTR) and the biggest sale an exit from BlackRock Finance (BLK).

Most Recent 13F
Q2 2026
Location
URBANDALE, IA
CIK
0001546967
Portfolio Value
$480.6M (Q4 2024)
SEC Filing
0001546967-25-000001 ↗ filed Jan 6, 2025

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $451.9M Q1 2024 Q2 2024: $452.5M Q2 2024 Q3 2024: $486.4M Q3 2024 Q4 2024: $480.6M $480.6M Q4 2024 Q1 2025: $471.0M Q1 2025 Q2 2025: $502.1M Q2 2025 Q3 2025: $525.3M Q3 2025 Q4 2025: $533.3M Q4 2025 Q1 2026: $543.4M Q1 2026 Q2 2026: $598.4M Q2 2026

Holdings 106 stocks · $480.6M
IEFA iShares Core MSCI Eafe ETF 4.84% 331,241 $23.3M Add +4.3%
IJH iShares Core S&P Midcap ETF 4.67% 360,288 $22.4M Reduce -0.3%
AAPL Apple Inc. 4.07% 78,022 $19.5M Reduce -0.2%
JPM JPMorgan Chase & Co. 3.63% 72,877 $17.5M Reduce -0.6%
MSFT Microsoft Corp. 3.56% 40,628 $17.1M Add +0.2%
IJR iShares Core S&P Small-Cap E 2.97% 123,739 $14.3M Add +1.4%
PGX Invesco Preferred ETF 2.67% 1,113,132 $12.8M Reduce -0.6%
NVDA Nvidia Corp. 2.47% 88,401 $11.9M Add +1.3%
IEMG iShares Core MSCI Emerging 2.25% 206,941 $10.8M Add +3.5%
AMZN Amazon.com Inc. 2.15% 47,054 $10.3M Add +1.3%
SPHY SS SPDR P High Yield ETF 2.11% 432,819 $10.2M Add +17.1%
META Meta Platforms Inc. Class A 2.03% 16,658 $9.8M Reduce -1.2%
GOOGL Alphabet Inc. Class A 2.00% 50,783 $9.6M Add +0.7%
ABBV Abbvie Inc. 1.97% 53,415 $9.5M Add +0.6%
EMR Emerson Electric Co. 1.93% 74,773 $9.3M Reduce -0.2%
CSCO Cisco Systems Inc. 1.83% 148,353 $8.8M Reduce -0.3%
PG The Procter & Gamble Co. 1.71% 49,051 $8.2M Reduce -0.3%
BRK.B Berkshire Hathaway Inc. Class B 1.69% 17,877 $8.1M No change
MS Morgan Stanley 1.66% 63,572 $8.0M Reduce -4.0%
ETN Eaton Corp. PLC 1.61% 23,358 $7.8M Reduce -0.7%
SPY SS SPDR S&P 500 ETF Trust-US 1.60% 13,152 $7.7M Reduce -7.3%
UPS United Parcel Service Class B 1.55% 58,949 $7.4M Reduce -1.2%
CRM Salesforce Inc. 1.47% 21,069 $7.0M Reduce -1.7%
JNJ Johnson & Johnson 1.37% 45,478 $6.6M Reduce -0.6%
CVX Chevron Corp. 1.33% 44,118 $6.4M Reduce -1.8%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.32% 14,870 $6.3M No change
CAH Cardinal Health Inc. 1.30% 52,770 $6.2M Add +0.1%
PEP Pepsico Inc. 1.30% 41,035 $6.2M Reduce -2.2%
XOM Exxon Mobil Corp. 1.28% 57,149 $6.1M Reduce -2.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.24% 27,095 $6.0M Reduce -2.1%
V Visa Inc. Class A 1.23% 18,772 $5.9M Add +0.7%
ORCL Oracle Corp. 1.20% 34,750 $5.8M Add +0.1%
PRU Prudential Financial Inc. 1.14% 46,305 $5.5M Reduce -4.3%
BRK.A Berkshire Hathaway Inc. Class A 0.99% 7 $4.8M No change
CAT Caterpillar Inc. 0.95% 12,597 $4.6M Reduce -0.9%
ICE Intercontinental Exchange Inc. 0.94% 30,194 $4.5M Add +0.9%
LLY Eli Lilly & Co. 0.92% 5,732 $4.4M Add +2.1%
MET Metlife Inc. 0.89% 52,498 $4.3M Reduce -1.4%
AVGO Broadcom Inc. 0.89% 18,409 $4.3M Add +0.8%
PANW Palo Alto Networks Inc. 0.88% 23,166 $4.2M Add +0.4%
RTX RTX Corp. 0.85% 35,413 $4.1M Add +0.3%
LOW Lowe's Cos Inc. 0.82% 16,068 $4.0M Reduce -1.3%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.82% 90,016 $4.0M Reduce -0.2%
TFC Truist Financial Corp. 0.81% 89,799 $3.9M Reduce -1.2%
MAS Masco Corp. 0.77% 50,751 $3.7M Add +0.6%
MCD McDonald's Corp. 0.69% 11,500 $3.3M Reduce -3.7%
EOG EOG Resources Inc. 0.66% 25,690 $3.1M Reduce -1.3%
MRK Merck & Co. Inc. 0.65% 31,503 $3.1M Add +0.1%
SPYG SS SPDR P S&P 500 Growth ETF 0.62% 33,928 $3.0M Reduce -4.3%
AMT American Tower Corp. 0.60% 15,843 $2.9M Add +2.1%
AGG iShares Core U.S. Aggregate 0.60% 29,538 $2.9M Reduce -12.2%
DLR Digital Realty Trust Inc. 0.59% 15,865 $2.8M Reduce -0.8%
VZ Verizon Communications Inc. 0.58% 70,276 $2.8M Add +27.7%
QCOM Qualcomm Inc. 0.58% 18,150 $2.8M Add +1.0%
AMGN Amgen Inc. 0.57% 10,436 $2.7M Reduce -1.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.56% 24,320 $2.7M Add +1.5%
YUM Yum! Brands Inc. 0.56% 20,047 $2.7M Reduce -1.2%
BMY Bristol-Myers Squibb Co. 0.55% 46,933 $2.7M Add +0.1%
DUK Duke Energy Corp. 0.54% 24,231 $2.6M Reduce -2.0%
LIN Linde PLC 0.53% 6,076 $2.5M Reduce -0.9%
PYPL PayPal Holdings Inc. 0.53% 29,612 $2.5M Add +3.8%
PFE Pfizer Inc. 0.52% 94,977 $2.5M Reduce -0.5%
WMT Walmart Inc. 0.50% 26,807 $2.4M Add +213.8%
NKE Nike Inc. Class B 0.49% 31,349 $2.4M Add +5.9%
GILD Gilead Sciences Inc. 0.49% 25,258 $2.3M Reduce -1.9%
COP Conocophillips 0.48% 23,196 $2.3M Add +1.0%
PLTR Palantir Technologies Inc. Class A 0.46% 29,382 $2.2M New
SCHW Schwab (charles) Corp. 0.46% 29,860 $2.2M Add +4.9%
MDLZ Mondelez International Inc. Class A 0.44% 35,697 $2.1M Reduce -1.0%
OMC Omnicom Group 0.44% 24,331 $2.1M Reduce -0.5%
CMCSA Comcast Corp. Class A 0.43% 55,397 $2.1M Reduce -3.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.41% 16,440 $2.0M Add +1.7%
COST Costco Wholesale Corp. 0.41% 2,129 $2.0M Add +0.9%
DD Dupont DE Nemours Inc. 0.40% 25,331 $1.9M Reduce -0.3%
IVV iShares Core S&P 500 ETF 0.40% 3,232 $1.9M No change
FCX Freeport-McMoran Inc. 0.38% 48,447 $1.8M Add +0.5%
HON Honeywell International Inc. 0.37% 7,937 $1.8M Add +1.4%
WM Waste Management Inc. 0.36% 8,675 $1.8M Add +2.7%
SYY Sysco Corp. 0.33% 20,766 $1.6M Reduce -1.4%
EXC Exelon Corp. 0.30% 38,818 $1.5M Reduce -3.8%
COR Cencora Inc. 0.30% 6,375 $1.4M Add +3.2%
Community State Bank Capital Stock 0.30% 285 $1.4M No change
MDT Medtronic PLC 0.22% 13,047 $1.0M Reduce -0.0%
HD Home Depot Inc. 0.18% 2,246 $874K No change
QQQ Invesco QQQ Trust Series 1 0.17% 1,620 $828K Reduce -8.7%
CVS CVS Health Corp. 0.17% 18,323 $823K Reduce -3.8%
CWI State Street SPDR MSCI Acwi 0.17% 28,924 $808K Reduce -0.5%
Loymar LTD Stock 0.15% 13,273 $721K New
PFG Principal Financial Group 0.11% 6,592 $510K No change
LGLV SPDR US LC Low Vol Idx 0.11% 3,074 $508K Reduce -28.1%
ING ING Groep N.V.-Sponsored ADR 0.10% 31,588 $495K Reduce -11.2%
IHF iShares U.S. Healthcare Prov 0.10% 10,000 $480K No change
CHE Chemed Corp. 0.08% 700 $371K Reduce -6.7%
USMV iShares MSCI USA Min Vol Fac 0.08% 4,101 $364K Reduce -24.9%
SPYV SS SPDR P S&P 500 Value ETF 0.08% 7,100 $363K No change
HSY The Hershey Co. 0.06% 1,767 $299K Reduce -5.2%
XLV SS Health Care Select Sector 0.06% 2,000 $275K No change
AFL Aflac Inc. 0.05% 2,523 $261K Reduce -2.8%
IWB iShares Russell 1000 ETF 0.05% 800 $258K No change
VIG Vanguard Dividend Apprec ETF 0.05% 1,315 $258K No change

Show all 106 holdings

Portfolio Sells Q3 2024 → Q4 2024
BLK BlackRock Finance Inc. Sold out 0.00% −0.74
MCHP Microchip Technology Inc. Sold out 0.00% −0.52
DLTR Dollar Tree Inc. Sold out 0.00% −0.30
PGX Invesco Preferred ETF Reduce -0.6% 2.67% −0.17
PEP Pepsico Inc. Reduce -2.2% 1.30% −0.17
JNJ Johnson & Johnson Reduce -0.6% 1.37% −0.16
AMGN Amgen Inc. Reduce -1.6% 0.57% −0.14
XOM Exxon Mobil Corp. Reduce -2.0% 1.28% −0.13
UPS United Parcel Service Class B Reduce -1.2% 1.55% −0.13
AGG iShares Core U.S. Aggregate Reduce -12.2% 0.60% −0.11
MDLZ Mondelez International Inc. Class A Reduce -1.0% 0.44% −0.10
OMC Omnicom Group Reduce -0.5% 0.44% −0.08
LOW Lowe's Cos Inc. Reduce -1.3% 0.82% −0.08
CVS CVS Health Corp. Reduce -3.8% 0.17% −0.08
LIN Linde PLC Reduce -0.9% 0.53% −0.07
CAT Caterpillar Inc. Reduce -0.9% 0.95% −0.07
SPY SS SPDR S&P 500 ETF Trust-US Reduce -7.3% 1.60% −0.07
DD Dupont DE Nemours Inc. Reduce -0.3% 0.40% −0.06
DOW Dow Inc. Sold out 0.00% −0.06
PRU Prudential Financial Inc. Reduce -4.3% 1.14% −0.06
CMCSA Comcast Corp. Class A Reduce -3.3% 0.43% −0.06
MCD McDonald's Corp. Reduce -3.7% 0.69% −0.05
VTI VG Morningstar TS MKT ETF-US Sold out 0.00% −0.05
NSIT Insight Enterprises Inc. Sold out 0.00% −0.04
PFE Pfizer Inc. Reduce -0.5% 0.52% −0.04
DUK Duke Energy Corp. Reduce -2.0% 0.54% −0.04
LGLV SPDR US LC Low Vol Idx Reduce -28.1% 0.11% −0.04
PG The Procter & Gamble Co. Reduce -0.3% 1.71% −0.04
EXC Exelon Corp. Reduce -3.8% 0.30% −0.03
CVX Chevron Corp. Reduce -1.8% 1.33% −0.03
ING ING Groep N.V.-Sponsored ADR Reduce -11.2% 0.10% −0.03
USMV iShares MSCI USA Min Vol Fac Reduce -24.9% 0.08% −0.03
MDT Medtronic PLC Reduce -0.0% 0.22% −0.02
YUM Yum! Brands Inc. Reduce -1.2% 0.56% −0.02
IBM Intl Business Machines Corp. Reduce -2.1% 1.24% −0.02
CHE Chemed Corp. Reduce -6.7% 0.08% −0.02
CWI State Street SPDR MSCI Acwi Reduce -0.5% 0.17% −0.01
HSY The Hershey Co. Reduce -5.2% 0.06% −0.01
MET Metlife Inc. Reduce -1.4% 0.89% −0.01
TGT Target Corp. Reduce -3.3% 0.05% −0.01
SYY Sysco Corp. Reduce -1.4% 0.33% −0.01
QQQ Invesco QQQ Trust Series 1 Reduce -8.7% 0.17% −0.01
AFL Aflac Inc. Reduce -2.8% 0.05% −0.01
EOG EOG Resources Inc. Reduce -1.3% 0.66% −0.00
BA The Boeing Co. Reduce -19.1% 0.05% −0.00
ETN Eaton Corp. PLC Reduce -0.7% 1.61% +0.01
TFC Truist Financial Corp. Reduce -1.2% 0.81% +0.01
SPYG SS SPDR P S&P 500 Growth ETF Reduce -4.3% 0.62% +0.02
IJH iShares Core S&P Midcap ETF Reduce -0.3% 4.67% +0.04
GILD Gilead Sciences Inc. Reduce -1.9% 0.49% +0.04

Portfolio Buys Q3 2024 → Q4 2024
PLTR Palantir Technologies Inc. Class A New 0.46% +0.46
AMZN Amazon.com Inc. Add +1.3% 2.15% +0.37
WMT Walmart Inc. Add +213.8% 0.50% +0.36
NVDA Nvidia Corp. Add +1.3% 2.47% +0.29
SPHY SS SPDR P High Yield ETF Add +17.1% 2.11% +0.29
GOOGL Alphabet Inc. Class A Add +0.7% 2.00% +0.28
AVGO Broadcom Inc. Add +0.8% 0.89% +0.24
V Visa Inc. Class A Add +0.7% 1.23% +0.18
Loymar LTD Stock New 0.15% +0.15
CAH Cardinal Health Inc. Add +0.1% 1.30% +0.10
DIS The Walt Disney Co. Add +1.5% 0.56% +0.09
SCHW Schwab (charles) Corp. Add +4.9% 0.46% +0.08
VZ Verizon Communications Inc. Add +27.7% 0.58% +0.08
PYPL PayPal Holdings Inc. Add +3.8% 0.53% +0.07
PANW Palo Alto Networks Inc. Add +0.4% 0.88% +0.07
BMY Bristol-Myers Squibb Co. Add +0.1% 0.55% +0.05
HON Honeywell International Inc. Add +1.4% 0.37% +0.04
IJR iShares Core S&P Small-Cap E Add +1.4% 2.97% +0.03
TJX TJX Companies Inc. Add +1.7% 0.41% +0.02
COST Costco Wholesale Corp. Add +0.9% 0.41% +0.02
COR Cencora Inc. Add +3.2% 0.30% +0.01
WM Waste Management Inc. Add +2.7% 0.36% +0.00
ORCL Oracle Corp. Add +0.1% 1.20% −0.01
COP Conocophillips Add +1.0% 0.48% −0.02
MSFT Microsoft Corp. Add +0.2% 3.56% −0.02
RTX RTX Corp. Add +0.3% 0.85% −0.03
NKE Nike Inc. Class B Add +5.9% 0.49% −0.04
QCOM Qualcomm Inc. Add +1.0% 0.58% −0.05
ICE Intercontinental Exchange Inc. Add +0.9% 0.94% −0.05
MRK Merck & Co. Inc. Add +0.1% 0.65% −0.08
LLY Eli Lilly & Co. Add +2.1% 0.92% −0.10
MAS Masco Corp. Add +0.6% 0.77% −0.10
FCX Freeport-McMoran Inc. Add +0.5% 0.38% −0.11
IEMG iShares Core MSCI Emerging Add +3.5% 2.25% −0.11
AMT American Tower Corp. Add +2.1% 0.60% −0.14
ABBV Abbvie Inc. Add +0.6% 1.97% −0.18
IEFA iShares Core MSCI Eafe ETF Add +4.3% 4.84% −0.26

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 118$598.4MIEFA, SPHY, IJH, IEMG, AAPL
Q1 2026 117$543.4MSPHY, IEFA, IJH, IEMG, JPM
Q4 2025 120$533.3MIEFA, IJH, AAPL, JPM, GOOGL
Q3 2025 120$525.3MIEFA, IJH, MSFT, JPM, AAPL
Q2 2025 122$502.1MIJH, IEFA, MSFT, IJR, JPM
Q1 2025 119$471.0MIJH, IEFA, IJR, AAPL, JPM
Q4 2024 106$480.6MIEFA, IJH, AAPL, JPM, MSFT
Q3 2024 110$486.4MIEFA, IJH, AAPL, MSFT, JPM
Q2 2024 105$452.5MIEFA, IJH, MSFT, AAPL, JPM
Q1 2024 106$451.9MIEFA, IJH, MSFT, JPM, PGX