Iowa State Bank

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 22, 2025), Iowa State Bank reported 122 stock positions worth $502.1 million. Its top holding was iShares Core S&P Midcap ETF (IJH) at 4.6% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 4.6%) and Microsoft (MSFT, 4.0%). Compared with Q1 2025, it opened 5 new positions, sold out of 2, added to 36 and reduced 57. The biggest buy was Nvidia (NVDA, shares +1%) and the biggest sale Apple (AAPL, shares −0%).

Most Recent 13F
Q2 2026
Location
URBANDALE, IA
CIK
0001546967
Portfolio Value
$502.1M (Q2 2025)
SEC Filing
0001546967-25-000006 ↗ filed Jul 22, 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 Q4 2024 Q1 2025: $471.0M Q1 2025 Q2 2025: $502.1M $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 122 stocks · $502.1M
IJH iShares Core S&P Midcap ETF 4.63% 374,598 $23.2M Reduce -0.5%
IEFA iShares Core MSCI Eafe ETF 4.60% 276,697 $23.1M Reduce -2.3%
MSFT Microsoft Corp. 4.04% 40,815 $20.3M Reduce -0.3%
IJR iShares Core S&P Small-Cap E 3.92% 179,909 $19.7M Add +2.5%
JPM JPMorgan Chase & Co. 3.88% 67,257 $19.5M Reduce -0.8%
AAPL Apple Inc. 3.28% 80,246 $16.5M Reduce -0.1%
NVDA Nvidia Corp. 2.76% 87,756 $13.9M Add +0.8%
IEMG iShares Core MSCI Emerging 2.63% 220,032 $13.2M Reduce -0.8%
SPHY SS SPDR P High Yield ETF 2.59% 547,338 $13.0M Add +1.5%
AMZN Amazon.com Inc. 2.12% 48,539 $10.6M Add +0.9%
META Meta Platforms Inc. Class A 2.11% 14,338 $10.6M Add +1.2%
ABBV Abbvie Inc. 1.92% 51,830 $9.6M Reduce -0.1%
CSCO Cisco Systems Inc. 1.84% 133,473 $9.3M Reduce -0.8%
EMR Emerson Electric Co. 1.83% 68,897 $9.2M Reduce -5.9%
MS Morgan Stanley 1.77% 63,040 $8.9M Reduce -2.3%
CAH Cardinal Health Inc. 1.68% 50,208 $8.4M Reduce -0.1%
GOOGL Alphabet Inc. Class A 1.66% 47,331 $8.3M Add +0.8%
BRK.B Berkshire Hathaway Inc. Class B 1.61% 16,615 $8.1M Reduce -2.7%
ETN Eaton Corp. PLC 1.49% 20,982 $7.5M Reduce -13.8%
ORCL Oracle Corp. 1.46% 33,457 $7.3M Add +0.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.40% 23,912 $7.0M Reduce -7.6%
JNJ Johnson & Johnson 1.36% 44,800 $6.8M Reduce -0.7%
V Visa Inc. Class A 1.33% 18,743 $6.7M Add +0.4%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 1.30% 14,840 $6.5M No change
PG The Procter & Gamble Co. 1.26% 39,864 $6.4M Reduce -0.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.24% 10,068 $6.2M Reduce -11.1%
CVX Chevron Corp. 1.22% 42,740 $6.1M Reduce -0.2%
XOM Exxon Mobil Corp. 1.18% 54,759 $5.9M Reduce -1.2%
CRM Salesforce Inc. 1.12% 20,686 $5.6M Add +0.1%
RTX RTX Corp. 1.08% 37,026 $5.4M Reduce -0.1%
BRK.A Berkshire Hathaway Inc. Class A 1.02% 7 $5.1M No change
AVGO Broadcom Inc. 1.00% 18,272 $5.0M Add +1.5%
UPS United Parcel Service Class B 0.98% 48,666 $4.9M Reduce -13.9%
PRU Prudential Financial Inc. 0.98% 45,646 $4.9M Reduce -0.9%
PEP Pepsico Inc. 0.94% 35,621 $4.7M Reduce -1.4%
ICE Intercontinental Exchange Inc. 0.92% 25,094 $4.6M Add +0.7%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.91% 97,068 $4.6M Add +1.1%
PANW Palo Alto Networks Inc. 0.90% 22,025 $4.5M Add +0.3%
LLY Eli Lilly & Co. 0.87% 5,587 $4.4M Add +0.6%
PLTR Palantir Technologies Inc. Class A 0.81% 29,721 $4.1M Add +0.3%
BLK BlackRock Inc. 0.77% 3,700 $3.9M Reduce -1.1%
TFC Truist Financial Corp. 0.77% 89,573 $3.9M Reduce -2.0%
MET Metlife Inc. 0.77% 47,790 $3.8M Reduce -8.1%
CAT Caterpillar Inc. 0.73% 9,456 $3.7M Reduce -22.6%
AMT American Tower Corp. 0.69% 15,748 $3.5M Add +0.7%
VZ Verizon Communications Inc. 0.69% 80,158 $3.5M Add +0.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.65% 26,491 $3.3M Add +1.0%
YUM Yum! Brands Inc. 0.63% 21,213 $3.1M Add +2.5%
HON Honeywell International Inc. 0.62% 13,372 $3.1M Add +66.8%
WM Waste Management Inc. 0.61% 13,310 $3.0M Add +45.5%
MCD McDonald's Corp. 0.60% 10,380 $3.0M Reduce -2.5%
LOW Lowe's Cos Inc. 0.59% 13,395 $3.0M Reduce -2.0%
EOG EOG Resources Inc. 0.58% 24,160 $2.9M Add +0.1%
SCHW Schwab (charles) Corp. 0.55% 30,415 $2.8M Add +0.5%
AMGN Amgen Inc. 0.55% 9,855 $2.8M Reduce -1.9%
FCX Freeport-McMoran Inc. 0.55% 63,168 $2.7M Add +1.6%
GILD Gilead Sciences Inc. 0.54% 24,480 $2.7M Reduce -2.1%
MAS Masco Corp. 0.53% 41,164 $2.6M Add +0.8%
WMT Walmart Inc. 0.52% 26,936 $2.6M Add +0.1%
DUK Duke Energy Corp. 0.52% 22,022 $2.6M Reduce -2.6%
DLR Digital Realty Trust Inc. 0.51% 14,700 $2.6M Reduce -2.1%
LIN Linde PLC 0.50% 5,383 $2.5M Reduce -1.9%
SPYG SS SPDR P S&P 500 Growth ETF 0.49% 25,894 $2.5M Reduce -8.1%
AGG iShares Core U.S. Aggregate 0.48% 24,505 $2.4M Reduce -13.4%
PYPL PayPal Holdings Inc. 0.47% 32,004 $2.4M Add +1.1%
MDLZ Mondelez International Inc. Class A 0.46% 34,611 $2.3M Reduce -1.8%
BMY Bristol-Myers Squibb Co. 0.45% 49,204 $2.3M Reduce -2.5%
PFE Pfizer Inc. 0.45% 93,654 $2.3M Reduce -1.7%
NKE Nike Inc. Class B 0.45% 31,724 $2.3M Reduce -1.1%
MRK Merck & Co. Inc. 0.45% 28,276 $2.2M Reduce -2.9%
ADI Analog Devices Inc. 0.44% 9,268 $2.2M New
COST Costco Wholesale Corp. 0.43% 2,198 $2.2M Add +1.5%
JCI Johnson Controls Internation 0.41% 19,609 $2.1M Add +2.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.41% 16,471 $2.0M Add +0.8%
COR Cencora Inc. 0.40% 6,758 $2.0M Add +1.4%
IVV iShares Core S&P 500 ETF 0.40% 3,232 $2.0M Reduce -0.1%
ABT Abbott Laboratories 0.40% 14,657 $2.0M Add +0.8%
COP Conocophillips 0.40% 22,193 $2.0M Add +0.5%
DD Dupont DE Nemours Inc. 0.35% 25,623 $1.8M Add +1.1%
CMCSA Comcast Corp. Class A 0.34% 47,933 $1.7M Reduce -3.3%
MDT Medtronic PLC 0.32% 18,182 $1.6M Add +0.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.31% 8,891 $1.6M No change
EXC Exelon Corp. 0.29% 33,322 $1.4M Reduce -3.1%
CVS CVS Health Corp. 0.29% 20,796 $1.4M Reduce -1.4%
Community State Bank Capital Stock 0.28% 285 $1.4M No change
SYY Sysco Corp. 0.28% 18,431 $1.4M Reduce -2.3%
OMC Omnicom Group 0.26% 18,293 $1.3M Reduce -3.1%
VTI VG Morningstar TS MKT ETF-US 0.24% 4,046 $1.2M No change
NSC Norfolk Southern Corp. 0.24% 4,758 $1.2M New
DOW Dow Inc. 0.19% 35,431 $938K Reduce -0.0%
HD Home Depot Inc. 0.16% 2,158 $791K No change
PGX Invesco Preferred ETF 0.14% 65,062 $724K Reduce -35.9%
ING ING Groep N.V.-Sponsored ADR 0.14% 31,648 $692K Reduce -0.2%
DFIV Dimensional International Va 0.13% 15,812 $677K No change
IWM iShares Russell 2000 ETF 0.13% 3,090 $667K No change
CWI State Street SPDR MSCI Acwi 0.12% 18,005 $588K Reduce -11.4%
DFNM Dimensional National Muni BD 0.11% 11,271 $535K No change
QCOM Qualcomm Inc. 0.11% 3,348 $533K Reduce -80.7%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.10% 2,531 $494K No change
QQQ Invesco QQQ Trust Series 1 0.10% 892 $492K Reduce -9.8%

Show all 122 holdings

Portfolio Sells Q1 2025 → Q2 2025
AAPL Apple Inc. Reduce -0.1% 3.28% −0.51
QCOM Qualcomm Inc. Reduce -80.7% 0.11% −0.46
ABBV Abbvie Inc. Reduce -0.1% 1.92% −0.39
UPS United Parcel Service Class B Reduce -13.9% 0.98% −0.34
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.7% 1.61% −0.32
CVX Chevron Corp. Reduce -0.2% 1.22% −0.30
JNJ Johnson & Johnson Reduce -0.7% 1.36% −0.22
XOM Exxon Mobil Corp. Reduce -1.2% 1.18% −0.22
PEP Pepsico Inc. Reduce -1.4% 0.94% −0.21
BMY Bristol-Myers Squibb Co. Reduce -2.5% 0.45% −0.20
PG The Procter & Gamble Co. Reduce -0.3% 1.26% −0.18
CAT Caterpillar Inc. Reduce -22.6% 0.73% −0.12
Loymar LTD Stock Sold out 0.00% −0.12
MET Metlife Inc. Reduce -8.1% 0.77% −0.12
AMGN Amgen Inc. Reduce -1.9% 0.55% −0.12
PRU Prudential Financial Inc. Reduce -0.9% 0.98% −0.12
AGG iShares Core U.S. Aggregate Reduce -13.4% 0.48% −0.11
MRK Merck & Co. Inc. Reduce -2.9% 0.45% −0.11
SPY SS SPDR S&P 500 ETF Trust-US Reduce -11.1% 1.24% −0.11
MCD McDonald's Corp. Reduce -2.5% 0.60% −0.10
PGX Invesco Preferred ETF Reduce -35.9% 0.14% −0.10
LOW Lowe's Cos Inc. Reduce -2.0% 0.59% −0.09
DOW Dow Inc. Reduce -0.0% 0.19% −0.08
OMC Omnicom Group Reduce -3.1% 0.26% −0.07
DUK Duke Energy Corp. Reduce -2.6% 0.52% −0.07
PFE Pfizer Inc. Reduce -1.7% 0.45% −0.06
GILD Gilead Sciences Inc. Reduce -2.1% 0.54% −0.05
EXC Exelon Corp. Reduce -3.1% 0.29% −0.05
CMCSA Comcast Corp. Class A Reduce -3.3% 0.34% −0.05
ED Consolidated Edison Inc. Sold out 0.00% −0.04
MDLZ Mondelez International Inc. Class A Reduce -1.8% 0.46% −0.04
LIN Linde PLC Reduce -1.9% 0.50% −0.04
IJH iShares Core S&P Midcap ETF Reduce -0.5% 4.63% −0.04
TFC Truist Financial Corp. Reduce -2.0% 0.77% −0.03
LGLV SPDR US LC Low Vol Idx Reduce -31.1% 0.06% −0.03
SYY Sysco Corp. Reduce -2.3% 0.28% −0.02
CVS CVS Health Corp. Reduce -1.4% 0.29% −0.02
PFG Principal Financial Group Reduce -4.3% 0.09% −0.02
CWI State Street SPDR MSCI Acwi Reduce -11.4% 0.12% −0.01
MUB iShares National Muni Bond E Reduce -2.8% 0.09% −0.01
HSY The Hershey Co. Reduce -2.8% 0.05% −0.01
QQQ Invesco QQQ Trust Series 1 Reduce -9.8% 0.10% −0.00
ING ING Groep N.V.-Sponsored ADR Reduce -0.2% 0.14% +0.01
SPYG SS SPDR P S&P 500 Growth ETF Reduce -8.1% 0.49% +0.01
IVV iShares Core S&P 500 ETF Reduce -0.1% 0.40% +0.01
NKE Nike Inc. Class B Reduce -1.1% 0.45% +0.02
BLK BlackRock Inc. Reduce -1.1% 0.77% +0.02
RTX RTX Corp. Reduce -0.1% 1.08% +0.03
IBM Intl Business Machines Corp. Reduce -7.6% 1.40% +0.04
IEFA iShares Core MSCI Eafe ETF Reduce -2.3% 4.60% +0.05

Portfolio Buys Q1 2025 → Q2 2025
NVDA Nvidia Corp. Add +0.8% 2.76% +0.76
ORCL Oracle Corp. Add +0.1% 1.46% +0.47
ADI Analog Devices Inc. New 0.44% +0.44
META Meta Platforms Inc. Class A Add +1.2% 2.11% +0.37
AVGO Broadcom Inc. Add +1.5% 1.00% +0.36
PLTR Palantir Technologies Inc. Class A Add +0.3% 0.81% +0.28
HON Honeywell International Inc. Add +66.8% 0.62% +0.26
NSC Norfolk Southern Corp. New 0.24% +0.24
AMZN Amazon.com Inc. Add +0.9% 2.12% +0.18
WM Waste Management Inc. Add +45.5% 0.61% +0.16
GOOGL Alphabet Inc. Class A Add +0.8% 1.66% +0.12
DIS The Walt Disney Co. Add +1.0% 0.65% +0.10
PANW Palo Alto Networks Inc. Add +0.3% 0.90% +0.10
JCI Johnson Controls Internation Add +2.9% 0.41% +0.09
BAC Bank of America Corp. Add +1.1% 0.91% +0.06
SCHW Schwab (charles) Corp. Add +0.5% 0.55% +0.05
FCX Freeport-McMoran Inc. Add +1.6% 0.55% +0.05
BA The Boeing Co. New 0.04% +0.04
RY Royal Bank of Canada New 0.04% +0.04
PRF Invesco Rafi US 1000 ETF New 0.04% +0.04
PYPL PayPal Holdings Inc. Add +1.1% 0.47% +0.04
WMT Walmart Inc. Add +0.1% 0.52% +0.02
IJR iShares Core S&P Small-Cap E Add +2.5% 3.92% +0.02
DE Deere & Co. Add +26.6% 0.06% +0.01
COR Cencora Inc. Add +1.4% 0.40% +0.01
ICE Intercontinental Exchange Inc. Add +0.7% 0.92% +0.00
COST Costco Wholesale Corp. Add +1.5% 0.43% −0.00
ABT Abbott Laboratories Add +0.8% 0.40% −0.01
TJX TJX Companies Inc. Add +0.8% 0.41% −0.02
MDT Medtronic PLC Add +0.9% 0.32% −0.03
AMT American Tower Corp. Add +0.7% 0.69% −0.03
DD Dupont DE Nemours Inc. Add +1.1% 0.35% −0.05
CRM Salesforce Inc. Add +0.1% 1.12% −0.05
V Visa Inc. Class A Add +0.4% 1.33% −0.06
YUM Yum! Brands Inc. Add +2.5% 0.63% −0.07
MAS Masco Corp. Add +0.8% 0.53% −0.08
VZ Verizon Communications Inc. Add +0.2% 0.69% −0.08
EOG EOG Resources Inc. Add +0.1% 0.58% −0.08
SPHY SS SPDR P High Yield ETF Add +1.5% 2.59% −0.09
COP Conocophillips Add +0.5% 0.40% −0.10
LLY Eli Lilly & Co. Add +0.6% 0.87% −0.11

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