Iowa State Bank
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 15, 2026), Iowa State Bank reported 117 stock positions worth $543.4 million. Its top holding was SS SPDR P High Yield ETF (SPHY) at 6.0% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 5.8%) and iShares Core S&P Midcap ETF (IJH, 4.7%). Compared with Q4 2025, it opened 4 new positions, sold out of 7, added to 38 and reduced 56. The biggest buy was SS SPDR P High Yield ETF (SPHY, shares +133%) and the biggest sale iShares Core S&P Small-Cap E (IJR, shares −36%).
- Most Recent 13F
- Q3 2026
- Location
- URBANDALE, IA
- CIK
- 0001546967
- Portfolio Value
- $543.4M (Q1 2026)
- SEC Filing
- 0001546967-26-000002 ↗ filed Apr 15, 2026
Holdings Value
Holdings 117 stocks · $543.4M
| SPHY SS SPDR P High Yield ETF | 5.98% | 1,392,819 | $32.5M | Add +133.4% |
| IEFA iShares Core MSCI Eafe ETF | 5.75% | 345,430 | $31.3M | Add +6.7% |
| IJH iShares Core S&P Midcap ETF | 4.73% | 380,367 | $25.7M | Reduce -1.4% |
| IEMG iShares Core MSCI Emerging | 3.57% | 277,958 | $19.4M | Add +30.2% |
| JPM JPMorgan Chase & Co. | 3.55% | 65,546 | $19.3M | Add +2.8% |
| AAPL Apple Inc. | 3.55% | 75,930 | $19.3M | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 3.18% | 60,066 | $17.3M | Reduce -5.0% |
| NVDA Nvidia Corp. | 2.99% | 93,037 | $16.2M | Add +5.2% |
| MSFT Microsoft Corp. | 2.74% | 40,250 | $14.9M | Add +0.4% |
| IJR iShares Core S&P Small-Cap E | 2.32% | 101,538 | $12.6M | Reduce -36.0% |
| XOM Exxon Mobil Corp. | 2.17% | 69,558 | $11.8M | Add +8.4% |
| CSCO Cisco Systems Inc. | 1.90% | 132,887 | $10.3M | Add +2.0% |
| AMZN Amazon.com Inc. | 1.82% | 47,428 | $9.9M | Reduce -2.4% |
| ABBV Abbvie Inc. | 1.81% | 45,326 | $9.9M | Reduce -10.0% |
| MS Morgan Stanley | 1.79% | 59,071 | $9.7M | Reduce -0.9% |
| CVX Chevron Corp. | 1.60% | 41,942 | $8.7M | Add +5.7% |
| EMR Emerson Electric Co. | 1.53% | 63,519 | $8.3M | Reduce -1.5% |
| JNJ Johnson & Johnson | 1.50% | 33,298 | $8.1M | Reduce -9.6% |
| CAH Cardinal Health Inc. | 1.48% | 38,179 | $8.1M | Reduce -19.3% |
| META Meta Platforms Inc. Class A | 1.40% | 13,312 | $7.6M | Add +15.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.37% | 15,511 | $7.4M | Reduce -5.5% |
| IWM iShares Russell 2000 ETF | 1.31% | 28,800 | $7.1M | Add +832.0% |
| ETN Eaton Corp. PLC | 1.27% | 19,285 | $6.9M | Reduce -0.1% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 1.27% | 14,840 | $6.9M | No change |
| RTX RTX Corp. | 1.24% | 35,042 | $6.8M | Reduce -1.1% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.19% | 9,924 | $6.5M | Reduce -4.6% |
| CAT Caterpillar Inc. | 1.16% | 8,885 | $6.3M | Reduce -1.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 1.11% | 24,885 | $6.0M | Add +9.1% |
| PLTR Palantir Technologies Inc. Class A | 1.01% | 37,694 | $5.5M | Add +20.5% |
| AVGO Broadcom Inc. | 1.01% | 17,719 | $5.5M | Add +6.8% |
| DUK Duke Energy Corp. | 1.01% | 41,858 | $5.5M | Add +3.8% |
| V Visa Inc. Class A | 0.96% | 17,351 | $5.2M | Reduce -2.8% |
| ORCL Oracle Corp. | 0.96% | 35,398 | $5.2M | Add +11.7% |
| PG The Procter & Gamble Co. | 0.95% | 35,691 | $5.2M | Reduce -6.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.93% | 7 | $5.0M | No change |
| PEP Pepsico Inc. | 0.91% | 31,683 | $4.9M | Reduce -0.1% |
| YUM Yum! Brands Inc. | 0.88% | 30,618 | $4.8M | Add +0.2% |
| LLY Eli Lilly & Co. | 0.87% | 5,138 | $4.7M | Reduce -9.2% |
| PRU Prudential Financial Inc. | 0.84% | 46,953 | $4.6M | Add +3.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.84% | 93,295 | $4.5M | Reduce -1.9% |
| VZ Verizon Communications Inc. | 0.83% | 90,195 | $4.5M | Reduce -6.2% |
| CRM Salesforce Inc. | 0.66% | 19,332 | $3.6M | Add +6.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.65% | 36,668 | $3.5M | Add +0.7% |
| ICE Intercontinental Exchange Inc. | 0.64% | 22,060 | $3.5M | Reduce -0.1% |
| PANW Palo Alto Networks Inc. | 0.63% | 21,431 | $3.4M | Add +2.9% |
| BLK BlackRock Inc. | 0.62% | 3,525 | $3.4M | Reduce -2.1% |
| AMGN Amgen Inc. | 0.62% | 9,526 | $3.4M | Reduce -1.1% |
| TFC Truist Financial Corp. | 0.61% | 71,793 | $3.3M | Reduce -17.7% |
| KO The Coca-Cola Co. | 0.61% | 43,252 | $3.3M | New |
| UPS United Parcel Service Class B | 0.58% | 32,060 | $3.2M | Reduce -0.4% |
| ADI Analog Devices Inc. | 0.58% | 9,909 | $3.2M | Add +0.6% |
| MCD McDonald's Corp. | 0.57% | 9,944 | $3.1M | Reduce -2.0% |
| DD Dupont DE Nemours Inc. | 0.57% | 67,257 | $3.1M | Add +163.9% |
| WM Waste Management Inc. | 0.57% | 13,389 | $3.1M | Add +0.4% |
| HON Honeywell International Inc. | 0.56% | 13,402 | $3.0M | Add +1.1% |
| LOW Lowe's Cos Inc. | 0.54% | 12,352 | $2.9M | Reduce -4.5% |
| WMT Walmart Inc. | 0.53% | 22,964 | $2.9M | Reduce -7.2% |
| SCHW Schwab (charles) Corp. | 0.52% | 30,251 | $2.8M | Reduce -0.1% |
| AMT American Tower Corp. | 0.51% | 16,136 | $2.8M | Add +12.2% |
| LIN Linde PLC | 0.48% | 5,273 | $2.6M | Reduce -2.6% |
| JCI Johnson Controls Internation | 0.48% | 19,951 | $2.6M | Reduce -0.2% |
| MET Metlife Inc. | 0.48% | 36,854 | $2.6M | Reduce -20.7% |
| GILD Gilead Sciences Inc. | 0.48% | 18,662 | $2.6M | Reduce -17.8% |
| DLR Digital Realty Trust Inc. | 0.47% | 14,314 | $2.6M | Reduce -0.5% |
| T AT&T Inc. | 0.47% | 87,424 | $2.5M | Add +3.3% |
| PFE Pfizer Inc. | 0.45% | 87,785 | $2.5M | Reduce -1.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.44% | 15,136 | $2.4M | Reduce -2.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.43% | 23,808 | $2.3M | Reduce -7.0% |
| NFLX Netflix Inc. | 0.43% | 24,127 | $2.3M | New |
| IVV iShares Core S&P 500 ETF | 0.39% | 3,273 | $2.1M | Add +2.3% |
| COR Cencora Inc. | 0.39% | 6,766 | $2.1M | Reduce -1.3% |
| COST Costco Wholesale Corp. | 0.39% | 2,117 | $2.1M | Add +1.3% |
| MAS Masco Corp. | 0.39% | 34,684 | $2.1M | Add +0.7% |
| AGG iShares Core U.S. Aggregate | 0.37% | 20,394 | $2.0M | Reduce -19.0% |
| FCX Freeport-McMoran Inc. | 0.36% | 33,592 | $2.0M | Reduce -31.5% |
| BMY Bristol-Myers Squibb Co. | 0.34% | 30,428 | $1.8M | Reduce -35.0% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.32% | 8,891 | $1.7M | No change |
| ABT Abbott Laboratories | 0.32% | 16,861 | $1.7M | Add +21.1% |
| MDLZ Mondelez International Inc. Class A | 0.32% | 29,905 | $1.7M | Reduce -6.1% |
| EXC Exelon Corp. | 0.29% | 32,489 | $1.6M | Reduce -0.6% |
| NKE Nike Inc. Class B | 0.27% | 28,039 | $1.5M | Add +6.0% |
| CVS CVS Health Corp. | 0.27% | 20,534 | $1.5M | Reduce -3.3% |
| MU Micron Technology Inc. | 0.27% | 4,361 | $1.5M | New |
| VTI VG Morningstar TS MKT ETF-US | 0.24% | 4,145 | $1.3M | Add +2.5% |
| SYY Sysco Corp. | 0.23% | 17,725 | $1.3M | Add +0.7% |
| MDT Medtronic PLC | 0.23% | 14,275 | $1.2M | Reduce -20.8% |
| DFIV Dimensional International Va | 0.15% | 15,812 | $835K | No change |
| ING ING Groep N.V.-Sponsored ADR | 0.15% | 31,507 | $821K | Reduce -0.3% |
| HD Home Depot Inc. | 0.12% | 1,980 | $651K | No change |
| CWI State Street SPDR MSCI Acwi | 0.12% | 17,346 | $635K | Reduce -1.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 1,007 | $581K | Reduce -1.5% |
| DFNM Dimensional National Muni BD | 0.10% | 11,271 | $540K | No change |
| WFC Wells Fargo & Co. | 0.09% | 6,282 | $500K | No change |
| PFG Principal Financial Group | 0.09% | 5,507 | $496K | Reduce -3.9% |
| VEA Vanguard Ftse Developed ETF | 0.09% | 7,693 | $493K | Add +2.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.08% | 2,099 | $456K | Reduce -17.1% |
| MUB iShares National Muni Bond E | 0.08% | 4,235 | $450K | Add +2.6% |
| IHF iShares U.S. Healthcare Prov | 0.08% | 10,000 | $419K | No change |
| SPYV SS SPDR P S&P 500 Value ETF | 0.07% | 7,100 | $402K | No change |
| DE Deere & Co. | 0.07% | 642 | $362K | Add +11.8% |
Portfolio Sells Q4 2025 → Q1 2026
| IJR iShares Core S&P Small-Cap E | Reduce -36.0% | 2.32% | −1.25 |
| GOOGL Alphabet Inc. Class A | Reduce -5.0% | 3.18% | −0.53 |
| AAPL Apple Inc. | Reduce -3.4% | 3.55% | −0.46 |
| EOG EOG Resources Inc. | Sold out | 0.00% | −0.45 |
| ABBV Abbvie Inc. | Reduce -10.0% | 1.81% | −0.34 |
| CAH Cardinal Health Inc. | Reduce -19.3% | 1.48% | −0.34 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.31 |
| AMZN Amazon.com Inc. | Reduce -2.4% | 1.82% | −0.29 |
| LLY Eli Lilly & Co. | Reduce -9.2% | 0.87% | −0.27 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −0.26 |
| V Visa Inc. Class A | Reduce -2.8% | 0.96% | −0.21 |
| MET Metlife Inc. | Reduce -20.7% | 0.48% | −0.21 |
| TFC Truist Financial Corp. | Reduce -17.7% | 0.61% | −0.20 |
| MS Morgan Stanley | Reduce -0.9% | 1.79% | −0.20 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.5% | 1.37% | −0.18 |
| BAC Bank of America Corp. | Reduce -1.9% | 0.84% | −0.14 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.6% | 1.19% | −0.14 |
| BMY Bristol-Myers Squibb Co. | Reduce -35.0% | 0.34% | −0.13 |
| FCX Freeport-McMoran Inc. | Reduce -31.5% | 0.36% | −0.10 |
| AGG iShares Core U.S. Aggregate | Reduce -19.0% | 0.37% | −0.10 |
| BLK BlackRock Inc. | Reduce -2.1% | 0.62% | −0.10 |
| MDT Medtronic PLC | Reduce -20.8% | 0.23% | −0.10 |
| SPYG SS SPDR P S&P 500 Growth ETF | Reduce -7.0% | 0.43% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -6.1% | 0.95% | −0.07 |
| EMR Emerson Electric Co. | Reduce -1.5% | 1.53% | −0.07 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.07 |
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.06 |
| IJH iShares Core S&P Midcap ETF | Reduce -1.4% | 4.73% | −0.05 |
| QCOM Qualcomm Inc. | Reduce -37.8% | 0.04% | −0.05 |
| LOW Lowe's Cos Inc. | Reduce -4.5% | 0.54% | −0.05 |
| CVS CVS Health Corp. | Reduce -3.3% | 0.27% | −0.04 |
| GILD Gilead Sciences Inc. | Reduce -17.8% | 0.48% | −0.04 |
| SCHW Schwab (charles) Corp. | Reduce -0.1% | 0.52% | −0.04 |
| COR Cencora Inc. | Reduce -1.3% | 0.39% | −0.04 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.04 |
| IWL iShares Russell Top 200 ETF | Sold out | 0.00% | −0.04 |
| ICE Intercontinental Exchange Inc. | Reduce -0.1% | 0.64% | −0.03 |
| UPS United Parcel Service Class B | Reduce -0.4% | 0.58% | −0.02 |
| MRK Merck & Co. Inc. | Reduce -39.9% | 0.04% | −0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -17.1% | 0.08% | −0.02 |
| ING ING Groep N.V.-Sponsored ADR | Reduce -0.3% | 0.15% | −0.01 |
| MCD McDonald's Corp. | Reduce -2.0% | 0.57% | −0.01 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -1.5% | 0.11% | −0.01 |
| XLE SS Energy Select Sector | Reduce -33.2% | 0.05% | −0.01 |
| LGLV SPDR US LC Low Vol Idx | Reduce -10.9% | 0.04% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Reduce -6.1% | 0.32% | −0.00 |
| PFG Principal Financial Group | Reduce -3.9% | 0.09% | −0.00 |
| CWI State Street SPDR MSCI Acwi | Reduce -1.1% | 0.12% | −0.00 |
| TJX TJX Companies Inc. | Reduce -2.0% | 0.44% | +0.00 |
| HSY The Hershey Co. | Reduce -5.9% | 0.05% | +0.00 |
Portfolio Buys Q4 2025 → Q1 2026
| SPHY SS SPDR P High Yield ETF | Add +133.4% | 5.98% | +3.33 |
| IWM iShares Russell 2000 ETF | Add +832.0% | 1.31% | +1.17 |
| IEMG iShares Core MSCI Emerging | Add +30.2% | 3.57% | +0.88 |
| XOM Exxon Mobil Corp. | Add +8.4% | 2.17% | +0.72 |
| KO The Coca-Cola Co. | New | 0.61% | +0.61 |
| CVX Chevron Corp. | Add +5.7% | 1.60% | +0.46 |
| NFLX Netflix Inc. | New | 0.43% | +0.43 |
| DD Dupont DE Nemours Inc. | Add +163.9% | 0.57% | +0.37 |
| IEFA iShares Core MSCI Eafe ETF | Add +6.7% | 5.75% | +0.32 |
| MU Micron Technology Inc. | New | 0.27% | +0.27 |
| DUK Duke Energy Corp. | Add +3.8% | 1.01% | +0.12 |
| ADI Analog Devices Inc. | Add +0.6% | 0.58% | +0.08 |
| HON Honeywell International Inc. | Add +1.1% | 0.56% | +0.07 |
| T AT&T Inc. | Add +3.3% | 0.47% | +0.07 |
| COST Costco Wholesale Corp. | Add +1.3% | 0.39% | +0.05 |
| ED Consolidated Edison Inc. | New | 0.04% | +0.04 |
| AMT American Tower Corp. | Add +12.2% | 0.51% | +0.04 |
| WM Waste Management Inc. | Add +0.4% | 0.57% | +0.02 |
| DE Deere & Co. | Add +11.8% | 0.07% | +0.02 |
| CSCO Cisco Systems Inc. | Add +2.0% | 1.90% | +0.02 |
| YUM Yum! Brands Inc. | Add +0.2% | 0.88% | +0.01 |
| VEA Vanguard Ftse Developed ETF | Add +2.4% | 0.09% | +0.00 |
| VNQ Vanguard Real Estate ETF | Add +4.0% | 0.05% | +0.00 |
| MUB iShares National Muni Bond E | Add +2.6% | 0.08% | −0.00 |
| ABT Abbott Laboratories | Add +21.1% | 0.32% | −0.01 |
| VTI VG Morningstar TS MKT ETF-US | Add +2.5% | 0.24% | −0.01 |
| SYY Sysco Corp. | Add +0.7% | 0.23% | −0.01 |
| IVV iShares Core S&P 500 ETF | Add +2.3% | 0.39% | −0.02 |
| MAS Masco Corp. | Add +0.7% | 0.39% | −0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +20.5% | 1.01% | −0.03 |
| META Meta Platforms Inc. Class A | Add +15.2% | 1.40% | −0.03 |
| NKE Nike Inc. Class B | Add +6.0% | 0.27% | −0.04 |
| AVGO Broadcom Inc. | Add +6.8% | 1.01% | −0.07 |
| PANW Palo Alto Networks Inc. | Add +2.9% | 0.63% | −0.09 |
| NVDA Nvidia Corp. | Add +5.2% | 2.99% | −0.11 |
| PRU Prudential Financial Inc. | Add +3.6% | 0.84% | −0.12 |
| DIS The Walt Disney Co. | Add +0.7% | 0.65% | −0.13 |
| IBM Intl Business Machines Corp. | Add +9.1% | 1.11% | −0.16 |
| ORCL Oracle Corp. | Add +11.7% | 0.96% | −0.20 |
| CRM Salesforce Inc. | Add +6.3% | 0.66% | −0.24 |
| JPM JPMorgan Chase & Co. | Add +2.8% | 3.55% | −0.31 |
| MSFT Microsoft Corp. | Add +0.4% | 2.74% | −0.89 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q3 2026 | 116 | $591.7M | IEFA, SPHY, AAPL, IJH, IEMG |
| 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 |