Iowa State Bank
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 9, 2025), Iowa State Bank reported 119 stock positions worth $471.0 million. Its top holding was iShares Core S&P Midcap ETF (IJH) at 4.7% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 4.6%) and iShares Core S&P Small-Cap E (IJR, 3.9%). Compared with Q4 2024, it opened 16 new positions, sold out of 3, added to 33 and reduced 59. The biggest buy was iShares Core S&P Small-Cap E (IJR, shares +42%) and the biggest sale Invesco Preferred ETF (PGX, shares −91%).
- Most Recent 13F
- Q2 2026
- Location
- URBANDALE, IA
- CIK
- 0001546967
- Portfolio Value
- $471.0M (Q1 2025)
- SEC Filing
- 0001546967-25-000003 ↗ filed Apr 9, 2025
Holdings Value
Holdings 119 stocks · $471.0M
| IJH iShares Core S&P Midcap ETF | 4.66% | 376,359 | $22.0M | Add +4.5% |
| IEFA iShares Core MSCI Eafe ETF | 4.55% | 283,324 | $21.4M | Reduce -14.5% |
| IJR iShares Core S&P Small-Cap E | 3.90% | 175,496 | $18.4M | Add +41.8% |
| AAPL Apple Inc. | 3.79% | 80,367 | $17.9M | Add +3.0% |
| JPM JPMorgan Chase & Co. | 3.53% | 67,783 | $16.6M | Reduce -7.0% |
| MSFT Microsoft Corp. | 3.26% | 40,937 | $15.4M | Add +0.8% |
| SPHY SS SPDR P High Yield ETF | 2.68% | 539,030 | $12.6M | Add +24.5% |
| IEMG iShares Core MSCI Emerging | 2.54% | 221,924 | $12.0M | Add +7.2% |
| ABBV Abbvie Inc. | 2.31% | 51,898 | $10.9M | Reduce -2.8% |
| NVDA Nvidia Corp. | 2.00% | 87,063 | $9.4M | Reduce -1.5% |
| AMZN Amazon.com Inc. | 1.94% | 48,098 | $9.2M | Add +2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.93% | 17,075 | $9.1M | Reduce -4.5% |
| CSCO Cisco Systems Inc. | 1.76% | 134,479 | $8.3M | Reduce -9.3% |
| META Meta Platforms Inc. Class A | 1.73% | 14,165 | $8.2M | Reduce -15.0% |
| EMR Emerson Electric Co. | 1.70% | 73,227 | $8.0M | Reduce -2.1% |
| MS Morgan Stanley | 1.60% | 64,550 | $7.5M | Add +1.5% |
| JNJ Johnson & Johnson | 1.59% | 45,092 | $7.5M | Reduce -0.8% |
| GOOGL Alphabet Inc. Class A | 1.54% | 46,971 | $7.3M | Reduce -7.5% |
| CVX Chevron Corp. | 1.52% | 42,843 | $7.2M | Reduce -2.9% |
| CAH Cardinal Health Inc. | 1.47% | 50,270 | $6.9M | Reduce -4.7% |
| PG The Procter & Gamble Co. | 1.45% | 39,993 | $6.8M | Reduce -18.5% |
| ETN Eaton Corp. PLC | 1.41% | 24,346 | $6.6M | Add +4.2% |
| XOM Exxon Mobil Corp. | 1.40% | 55,400 | $6.6M | Reduce -3.1% |
| V Visa Inc. Class A | 1.39% | 18,660 | $6.5M | Reduce -0.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.37% | 25,878 | $6.4M | Reduce -4.5% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.35% | 11,326 | $6.3M | Reduce -13.9% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 1.32% | 14,840 | $6.2M | Reduce -0.2% |
| UPS United Parcel Service Class B | 1.32% | 56,531 | $6.2M | Reduce -4.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.19% | 7 | $5.6M | No change |
| CRM Salesforce Inc. | 1.18% | 20,658 | $5.5M | Reduce -1.9% |
| PEP Pepsico Inc. | 1.15% | 36,125 | $5.4M | Reduce -12.0% |
| PRU Prudential Financial Inc. | 1.09% | 46,058 | $5.1M | Reduce -0.5% |
| RTX RTX Corp. | 1.04% | 37,069 | $4.9M | Add +4.7% |
| ORCL Oracle Corp. | 0.99% | 33,407 | $4.7M | Reduce -3.9% |
| LLY Eli Lilly & Co. | 0.97% | 5,552 | $4.6M | Reduce -3.1% |
| ICE Intercontinental Exchange Inc. | 0.91% | 24,909 | $4.3M | Reduce -17.5% |
| MET Metlife Inc. | 0.89% | 51,978 | $4.2M | Reduce -1.0% |
| CAT Caterpillar Inc. | 0.86% | 12,220 | $4.0M | Reduce -3.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.85% | 96,036 | $4.0M | Add +6.7% |
| TFC Truist Financial Corp. | 0.80% | 91,416 | $3.8M | Add +1.8% |
| PANW Palo Alto Networks Inc. | 0.80% | 21,954 | $3.7M | Reduce -5.2% |
| VZ Verizon Communications Inc. | 0.77% | 79,978 | $3.6M | Add +13.8% |
| BLK BlackRock Inc. | 0.75% | 3,743 | $3.5M | New |
| AMT American Tower Corp. | 0.72% | 15,639 | $3.4M | Reduce -1.3% |
| MCD McDonald's Corp. | 0.71% | 10,650 | $3.3M | Reduce -7.4% |
| YUM Yum! Brands Inc. | 0.69% | 20,688 | $3.3M | Add +3.2% |
| LOW Lowe's Cos Inc. | 0.68% | 13,672 | $3.2M | Reduce -14.9% |
| AMGN Amgen Inc. | 0.66% | 10,046 | $3.1M | Reduce -3.7% |
| EOG EOG Resources Inc. | 0.66% | 24,149 | $3.1M | Reduce -6.0% |
| BMY Bristol-Myers Squibb Co. | 0.65% | 50,475 | $3.1M | Add +7.5% |
| AVGO Broadcom Inc. | 0.64% | 18,001 | $3.0M | Reduce -2.2% |
| MAS Masco Corp. | 0.60% | 40,827 | $2.8M | Reduce -19.6% |
| GILD Gilead Sciences Inc. | 0.59% | 25,011 | $2.8M | Reduce -1.0% |
| AGG iShares Core U.S. Aggregate | 0.59% | 28,313 | $2.8M | Reduce -4.2% |
| DUK Duke Energy Corp. | 0.59% | 22,614 | $2.8M | Reduce -6.7% |
| QCOM Qualcomm Inc. | 0.56% | 17,326 | $2.7M | Reduce -4.5% |
| MRK Merck & Co. Inc. | 0.56% | 29,133 | $2.6M | Reduce -7.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.55% | 26,225 | $2.6M | Add +7.8% |
| LIN Linde PLC | 0.54% | 5,485 | $2.6M | Reduce -9.7% |
| PLTR Palantir Technologies Inc. Class A | 0.53% | 29,636 | $2.5M | Add +0.9% |
| PFE Pfizer Inc. | 0.51% | 95,256 | $2.4M | Add +0.3% |
| MDLZ Mondelez International Inc. Class A | 0.51% | 35,242 | $2.4M | Reduce -1.3% |
| SCHW Schwab (charles) Corp. | 0.50% | 30,265 | $2.4M | Add +1.4% |
| WMT Walmart Inc. | 0.50% | 26,916 | $2.4M | Add +0.4% |
| FCX Freeport-McMoran Inc. | 0.50% | 62,206 | $2.4M | Add +28.4% |
| COP Conocophillips | 0.49% | 22,083 | $2.3M | Reduce -4.8% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.48% | 28,189 | $2.3M | Reduce -16.9% |
| DLR Digital Realty Trust Inc. | 0.46% | 15,021 | $2.2M | Reduce -5.3% |
| WM Waste Management Inc. | 0.45% | 9,148 | $2.1M | Add +5.5% |
| PYPL PayPal Holdings Inc. | 0.44% | 31,664 | $2.1M | Add +6.9% |
| COST Costco Wholesale Corp. | 0.43% | 2,166 | $2.0M | Add +1.7% |
| NKE Nike Inc. Class B | 0.43% | 32,071 | $2.0M | Add +2.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.42% | 16,341 | $2.0M | Reduce -0.6% |
| ABT Abbott Laboratories | 0.41% | 14,547 | $1.9M | Add +660.8% |
| DD Dupont DE Nemours Inc. | 0.40% | 25,342 | $1.9M | Add +0.0% |
| COR Cencora Inc. | 0.39% | 6,664 | $1.9M | Add +4.5% |
| CMCSA Comcast Corp. Class A | 0.39% | 49,557 | $1.8M | Reduce -10.5% |
| IVV iShares Core S&P 500 ETF | 0.39% | 3,237 | $1.8M | Add +0.1% |
| HON Honeywell International Inc. | 0.36% | 8,017 | $1.7M | Add +1.0% |
| MDT Medtronic PLC | 0.34% | 18,021 | $1.6M | Add +38.1% |
| EXC Exelon Corp. | 0.34% | 34,397 | $1.6M | Reduce -11.4% |
| OMC Omnicom Group | 0.33% | 18,883 | $1.6M | Reduce -22.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.33% | 8,891 | $1.5M | New |
| JCI Johnson Controls Internation | 0.32% | 19,057 | $1.5M | New |
| Community State Bank Capital Stock | 0.30% | 285 | $1.4M | No change |
| CVS CVS Health Corp. | 0.30% | 21,084 | $1.4M | Add +15.1% |
| SYY Sysco Corp. | 0.30% | 18,873 | $1.4M | Reduce -9.1% |
| DOW Dow Inc. | 0.26% | 35,441 | $1.2M | New |
| PGX Invesco Preferred ETF | 0.24% | 101,415 | $1.1M | Reduce -90.9% |
| VTI VG Morningstar TS MKT ETF-US | 0.24% | 4,046 | $1.1M | New |
| HD Home Depot Inc. | 0.17% | 2,158 | $791K | Reduce -3.9% |
| DFIV Dimensional International Va | 0.13% | 15,812 | $622K | New |
| ING ING Groep N.V.-Sponsored ADR | 0.13% | 31,709 | $621K | Add +0.4% |
| IWM iShares Russell 2000 ETF | 0.13% | 3,090 | $616K | New |
| CWI State Street SPDR MSCI Acwi | 0.13% | 20,323 | $601K | Reduce -29.7% |
| Loymar LTD Stock | 0.12% | 13,273 | $584K | No change |
| DFNM Dimensional National Muni BD | 0.11% | 11,271 | $536K | New |
| IHF iShares U.S. Healthcare Prov | 0.11% | 10,000 | $528K | No change |
| PFG Principal Financial Group | 0.11% | 6,029 | $509K | Reduce -8.5% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.10% | 2,531 | $472K | New |
Portfolio Sells Q4 2024 → Q1 2025
| PGX Invesco Preferred ETF | Reduce -90.9% | 0.24% | −2.43 |
| NVDA Nvidia Corp. | Reduce -1.5% | 2.00% | −0.47 |
| GOOGL Alphabet Inc. Class A | Reduce -7.5% | 1.54% | −0.46 |
| META Meta Platforms Inc. Class A | Reduce -15.0% | 1.73% | −0.30 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -14.5% | 4.55% | −0.29 |
| CRM Salesforce Inc. | Reduce -1.9% | 1.18% | −0.29 |
| PG The Procter & Gamble Co. | Reduce -18.5% | 1.45% | −0.26 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -13.9% | 1.35% | −0.26 |
| AVGO Broadcom Inc. | Reduce -2.2% | 0.64% | −0.25 |
| UPS United Parcel Service Class B | Reduce -4.1% | 1.32% | −0.23 |
| EMR Emerson Electric Co. | Reduce -2.1% | 1.70% | −0.22 |
| ORCL Oracle Corp. | Reduce -3.9% | 0.99% | −0.21 |
| MAS Masco Corp. | Reduce -19.6% | 0.60% | −0.16 |
| PEP Pepsico Inc. | Reduce -12.0% | 1.15% | −0.15 |
| LOW Lowe's Cos Inc. | Reduce -14.9% | 0.68% | −0.15 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -16.9% | 0.48% | −0.14 |
| DLR Digital Realty Trust Inc. | Reduce -5.3% | 0.46% | −0.13 |
| JPM JPMorgan Chase & Co. | Reduce -7.0% | 3.53% | −0.10 |
| OMC Omnicom Group | Reduce -22.4% | 0.33% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -7.5% | 0.56% | −0.10 |
| CAT Caterpillar Inc. | Reduce -3.0% | 0.86% | −0.10 |
| PANW Palo Alto Networks Inc. | Reduce -5.2% | 0.80% | −0.08 |
| USMV iShares MSCI USA Min Vol Fac | Sold out | 0.00% | −0.08 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -39.0% | 0.10% | −0.07 |
| CSCO Cisco Systems Inc. | Reduce -9.3% | 1.76% | −0.07 |
| BA The Boeing Co. | Sold out | 0.00% | −0.05 |
| TGT Target Corp. | Sold out | 0.00% | −0.05 |
| PRU Prudential Financial Inc. | Reduce -0.5% | 1.09% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -10.5% | 0.39% | −0.04 |
| CWI State Street SPDR MSCI Acwi | Reduce -29.7% | 0.13% | −0.04 |
| SYY Sysco Corp. | Reduce -9.1% | 0.30% | −0.03 |
| ICE Intercontinental Exchange Inc. | Reduce -17.5% | 0.91% | −0.02 |
| LGLV SPDR US LC Low Vol Idx | Reduce -21.6% | 0.09% | −0.02 |
| QCOM Qualcomm Inc. | Reduce -4.5% | 0.56% | −0.01 |
| HD Home Depot Inc. | Reduce -3.9% | 0.17% | −0.01 |
| MET Metlife Inc. | Reduce -1.0% | 0.89% | −0.01 |
| HSY The Hershey Co. | Reduce -8.6% | 0.06% | −0.00 |
| VIG Vanguard Dividend Apprec ETF | Reduce -5.8% | 0.05% | −0.00 |
| AGG iShares Core U.S. Aggregate | Reduce -4.2% | 0.59% | −0.00 |
| PFG Principal Financial Group | Reduce -8.5% | 0.11% | +0.00 |
| EOG EOG Resources Inc. | Reduce -6.0% | 0.66% | +0.00 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -0.2% | 1.32% | +0.01 |
| CHE Chemed Corp. | Reduce -7.1% | 0.08% | +0.01 |
| TJX TJX Companies Inc. | Reduce -0.6% | 0.42% | +0.01 |
| MCD McDonald's Corp. | Reduce -7.4% | 0.71% | +0.01 |
| LIN Linde PLC | Reduce -9.7% | 0.54% | +0.01 |
| COP Conocophillips | Reduce -4.8% | 0.49% | +0.01 |
| EXC Exelon Corp. | Reduce -11.4% | 0.34% | +0.03 |
| DUK Duke Energy Corp. | Reduce -6.7% | 0.59% | +0.04 |
| LLY Eli Lilly & Co. | Reduce -3.1% | 0.97% | +0.05 |
Portfolio Buys Q4 2024 → Q1 2025
| IJR iShares Core S&P Small-Cap E | Add +41.8% | 3.90% | +0.93 |
| BLK BlackRock Inc. | New | 0.75% | +0.75 |
| SPHY SS SPDR P High Yield ETF | Add +24.5% | 2.68% | +0.57 |
| ABT Abbott Laboratories | Add +660.8% | 0.41% | +0.36 |
| VTV Vanguard Mrngstr Val ETF-Aui | New | 0.33% | +0.33 |
| JCI Johnson Controls Internation | New | 0.32% | +0.32 |
| IEMG iShares Core MSCI Emerging | Add +7.2% | 2.54% | +0.29 |
| DOW Dow Inc. | New | 0.26% | +0.26 |
| VTI VG Morningstar TS MKT ETF-US | New | 0.24% | +0.24 |
| RTX RTX Corp. | Add +4.7% | 1.04% | +0.19 |
| VZ Verizon Communications Inc. | Add +13.8% | 0.77% | +0.19 |
| CVS CVS Health Corp. | Add +15.1% | 0.30% | +0.13 |
| DFIV Dimensional International Va | New | 0.13% | +0.13 |
| YUM Yum! Brands Inc. | Add +3.2% | 0.69% | +0.13 |
| IWM iShares Russell 2000 ETF | New | 0.13% | +0.13 |
| MDT Medtronic PLC | Add +38.1% | 0.34% | +0.13 |
| FCX Freeport-McMoran Inc. | Add +28.4% | 0.50% | +0.12 |
| DFNM Dimensional National Muni BD | New | 0.11% | +0.11 |
| BMY Bristol-Myers Squibb Co. | Add +7.5% | 0.65% | +0.10 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | New | 0.10% | +0.10 |
| COR Cencora Inc. | Add +4.5% | 0.39% | +0.10 |
| MUB iShares National Muni Bond E | New | 0.10% | +0.10 |
| WM Waste Management Inc. | Add +5.5% | 0.45% | +0.09 |
| VEA Vanguard Ftse Developed ETF | New | 0.08% | +0.08 |
| MEAR Ishrs Short Mat Muni Act ETF | New | 0.07% | +0.07 |
| PLTR Palantir Technologies Inc. Class A | Add +0.9% | 0.53% | +0.07 |
| VGIT Vanguard Intermediate-Term T | New | 0.07% | +0.07 |
| VNQ Vanguard Real Estate ETF | New | 0.06% | +0.06 |
| DE Deere & Co. | New | 0.05% | +0.05 |
| ED Consolidated Edison Inc. | New | 0.04% | +0.04 |
| SCHW Schwab (charles) Corp. | Add +1.4% | 0.50% | +0.04 |
| COST Costco Wholesale Corp. | Add +1.7% | 0.43% | +0.03 |
| ING ING Groep N.V.-Sponsored ADR | Add +0.4% | 0.13% | +0.03 |
| BAC Bank of America Corp. | Add +6.7% | 0.85% | +0.03 |
| DD Dupont DE Nemours Inc. | Add +0.0% | 0.40% | −0.00 |
| WMT Walmart Inc. | Add +0.4% | 0.50% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Add +4.5% | 4.66% | −0.01 |
| IVV iShares Core S&P 500 ETF | Add +0.1% | 0.39% | −0.01 |
| PFE Pfizer Inc. | Add +0.3% | 0.51% | −0.01 |
| TFC Truist Financial Corp. | Add +1.8% | 0.80% | −0.01 |
| HON Honeywell International Inc. | Add +1.0% | 0.36% | −0.01 |
| DIS The Walt Disney Co. | Add +7.8% | 0.55% | −0.01 |
| NKE Nike Inc. Class B | Add +2.3% | 0.43% | −0.06 |
| MS Morgan Stanley | Add +1.5% | 1.60% | −0.06 |
| PYPL PayPal Holdings Inc. | Add +6.9% | 0.44% | −0.09 |
| AMZN Amazon.com Inc. | Add +2.2% | 1.94% | −0.20 |
| ETN Eaton Corp. PLC | Add +4.2% | 1.41% | −0.21 |
| AAPL Apple Inc. | Add +3.0% | 3.79% | −0.27 |
| MSFT Microsoft Corp. | Add +0.8% | 3.26% | −0.30 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 118 | $598.4M | IEFA, SPHY, IJH, IEMG, AAPL |
| Q1 2026 | 117 | $543.4M | SPHY, IEFA, IJH, IEMG, JPM |
| Q4 2025 | 120 | $533.3M | IEFA, IJH, AAPL, JPM, GOOGL |
| Q3 2025 | 120 | $525.3M | IEFA, IJH, MSFT, JPM, AAPL |
| Q2 2025 | 122 | $502.1M | IJH, IEFA, MSFT, IJR, JPM |
| Q1 2025 | 119 | $471.0M | IJH, IEFA, IJR, AAPL, JPM |
| Q4 2024 | 106 | $480.6M | IEFA, IJH, AAPL, JPM, MSFT |
| Q3 2024 | 110 | $486.4M | IEFA, IJH, AAPL, MSFT, JPM |
| Q2 2024 | 105 | $452.5M | IEFA, IJH, MSFT, AAPL, JPM |
| Q1 2024 | 106 | $451.9M | IEFA, IJH, MSFT, JPM, PGX |