Midwest Heritage Bank, FSB
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 2, 2025), Midwest Heritage Bank, FSB reported 59 stock positions worth $242.9 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 16.9% of the portfolio, followed by Cap Group Core Equity (CGUS, 13.1%) and Cap Group Dividend Value (CGDV, 9.2%). Compared with Q4 2024, it opened 7 new positions, sold out of 2, added to 28 and reduced 17. The biggest buy was Dimensional GLBL Core PL Fix (DFGP, shares +81%) and the biggest sale First Trust L C Val Alp (FTA, shares −45%).
- Most Recent 13F
- Q2 2026
- Location
- WEST DES MOINES, IA
- CIK
- 0001906805
- Portfolio Value
- $242.9M (Q1 2025)
- SEC Filing
- 0001906805-25-000003 ↗ filed May 2, 2025
Holdings Value
Holdings 59 stocks · $242.9M
| DFAC Dimensional US Core Equity 2 | 16.88% | 1,242,929 | $41.0M | Add +9.9% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 13.06% | 949,334 | $31.7M | Add +13.2% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 9.21% | 627,338 | $22.4M | Add +22.8% |
| CGCP Cap Group Core Plus Income | 9.07% | 981,282 | $22.0M | Add +20.7% |
| DUHP Dimensional US High Profi Et | 6.25% | 458,117 | $15.2M | Add +47.1% |
| DFGP Dimensional GLBL Core PL Fix | 5.01% | 227,721 | $12.2M | Add +81.5% |
| DFAI Dimensional International Co. | 4.93% | 383,233 | $12.0M | Add +19.0% |
| DFAS Dimensional US Small Cap ETF | 4.59% | 186,745 | $11.2M | Add +13.5% |
| CGGR Cap Group Growth Equity | 3.34% | 236,746 | $8.1M | Add +20.8% |
| FPE FT-Preferred Secur & Inc. ETF | 2.61% | 359,891 | $6.3M | Add +22.6% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 2.60% | 96,156 | $6.3M | Reduce -3.7% |
| SHY iShares 1-3 Year Treasury Bo | 2.56% | 75,196 | $6.2M | Add +16.3% |
| AVUV Avantis US Small Cap Value | 2.38% | 66,234 | $5.8M | Add +12.8% |
| FTA First Trust L C Val Alp | 2.33% | 73,791 | $5.7M | Reduce -44.6% |
| DFAE Dimensional Emerging Core Eq | 2.30% | 215,747 | $5.6M | Add +20.3% |
| TLT iShares 20+ Year Treasury BD | 1.34% | 35,883 | $3.3M | Add +83.6% |
| CGCV Cap Group Conservative Eq filed as CAPITAL GROUP CONSERVATIVE E | 1.30% | 116,816 | $3.2M | Add +115.3% |
| AVLV Avantis US Large Cap Value | 0.92% | 34,107 | $2.2M | Add +99.6% |
| DIHP Dimensional International Hi | 0.75% | 67,901 | $1.8M | Add +29.4% |
| ACWI iShares MSCI Acwi ETF | 0.75% | 15,647 | $1.8M | No change |
| QUAL iShares MSCI USA Quality Fac | 0.74% | 10,470 | $1.8M | Reduce -2.2% |
| IVV iShares Core S&P 500 ETF | 0.53% | 2,276 | $1.3M | No change |
| VOO Vanguard S&P 500 ETF | 0.51% | 2,424 | $1.2M | Add +0.2% |
| JHSC John Hancock Multi Small Cap | 0.41% | 26,990 | $1.0M | Reduce -0.0% |
| FTSL First Trust Senior Loan ETF | 0.41% | 21,908 | $1.0M | Reduce -59.8% |
| ESGU iShares ESG Aware MSCI USA | 0.41% | 8,107 | $988K | Reduce -0.4% |
| DFCF Dimensional Core Fixed Inc. | 0.36% | 20,987 | $883K | Reduce -56.2% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.33% | 1 | $798K | New |
| DFAX Dimensional World Ex US Core | 0.26% | 24,233 | $635K | Reduce -6.8% |
| EFV iShares MSCI Eafe Value ETF | 0.22% | 9,171 | $541K | Reduce -24.0% |
| ECL Ecolab Inc. | 0.21% | 2,010 | $510K | No change |
| LLY Eli Lilly & Co. | 0.20% | 601 | $496K | No change |
| XOM Exxon Mobil Corp. | 0.20% | 4,057 | $482K | Add +0.1% |
| CVX Chevron Corp. | 0.18% | 2,673 | $447K | Add +4.8% |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.18% | 9,444 | $435K | Reduce -20.7% |
| CGMU Cap Group Municipal Income | 0.18% | 16,094 | $432K | Add +0.1% |
| EFG iShares MSCI Eafe Growth ETF | 0.16% | 4,001 | $400K | Reduce -13.8% |
| FTEC Fidelity MSCI Info Tech Indx | 0.16% | 2,477 | $399K | No change |
| AMZN Amazon.com Inc. | 0.14% | 1,827 | $348K | Reduce -0.1% |
| DFIP Dimensional Inflation-Protec | 0.14% | 8,013 | $337K | Reduce -59.7% |
| SCHZ Schwab US Aggregate Bond ETF | 0.13% | 13,903 | $322K | Reduce -30.4% |
| AVUS Avantis U.S. Equity ETF | 0.12% | 3,196 | $295K | Add +0.3% |
| MO Altria Group Inc. | 0.12% | 4,861 | $292K | Add +0.2% |
| CGHM Cap Group Muni High-Income | 0.11% | 11,064 | $277K | Add +0.2% |
| IVW iShares S&P 500 Growth ETF | 0.11% | 2,934 | $272K | Reduce -5.1% |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.11% | 5,571 | $272K | Add +0.0% |
| IYW iShares Ustechnology ETF | 0.11% | 1,919 | $270K | Reduce -5.0% |
| MBB iShares MBS ETF | 0.11% | 2,866 | $269K | Reduce -22.3% |
| AAPL Apple Inc. | 0.11% | 1,184 | $263K | Add +2.5% |
| OC Owens Corning | 0.11% | 1,809 | $258K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.10% | 457 | $243K | New |
| PFG Principal Financial Group | 0.10% | 2,803 | $236K | New |
| CASY Casey's General Stores Inc. | 0.09% | 531 | $230K | New |
| CGMS Cap Group US Multi-Sect Bond | 0.09% | 8,103 | $221K | No change |
| SPTS SS SPDR P St Term TSY ETF | 0.08% | 7,044 | $206K | No change |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.08% | 811 | $202K | New |
| NXP Nuveen Select Tax-Free Inc. | 0.07% | 11,361 | $163K | Add +0.7% |
| F Ford Motor Co. filed as FORD MTR CO | 0.06% | 13,668 | $137K | New |
| VOD Vodafone Group PLC-SP ADR | 0.04% | 10,196 | $96K | Add +0.3% |
Portfolio Sells Q4 2024 → Q1 2025
| FTA First Trust L C Val Alp | Reduce -44.6% | 2.33% | −2.39 |
| FTSL First Trust Senior Loan ETF | Reduce -59.8% | 0.41% | −0.76 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -3.7% | 2.60% | −0.59 |
| DFCF Dimensional Core Fixed Inc. | Reduce -56.2% | 0.36% | −0.55 |
| DFIP Dimensional Inflation-Protec | Reduce -59.7% | 0.14% | −0.23 |
| QUAL iShares MSCI USA Quality Fac | Reduce -2.2% | 0.74% | −0.15 |
| GOVT iShares US Treasury Bond ETF | Sold out | 0.00% | −0.11 |
| IEMG iShares Core MSCI Emerging | Sold out | 0.00% | −0.10 |
| JHSC John Hancock Multi Small Cap | Reduce -0.0% | 0.41% | −0.08 |
| ESGU iShares ESG Aware MSCI USA | Reduce -0.4% | 0.41% | −0.08 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -30.4% | 0.13% | −0.08 |
| EFV iShares MSCI Eafe Value ETF | Reduce -24.0% | 0.22% | −0.07 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Reduce -20.7% | 0.18% | −0.07 |
| MBB iShares MBS ETF | Reduce -22.3% | 0.11% | −0.05 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -13.8% | 0.16% | −0.04 |
| AMZN Amazon.com Inc. | Reduce -0.1% | 0.14% | −0.04 |
| IYW iShares Ustechnology ETF | Reduce -5.0% | 0.11% | −0.04 |
| DFAX Dimensional World Ex US Core | Reduce -6.8% | 0.26% | −0.04 |
| IVW iShares S&P 500 Growth ETF | Reduce -5.1% | 0.11% | −0.03 |
Portfolio Buys Q4 2024 → Q1 2025
| DFGP Dimensional GLBL Core PL Fix | Add +81.5% | 5.01% | +1.93 |
| DUHP Dimensional US High Profi Et | Add +47.1% | 6.25% | +1.37 |
| CGDV Cap Group Dividend Value | Add +22.8% | 9.21% | +0.85 |
| CGCP Cap Group Core Plus Income | Add +20.7% | 9.07% | +0.70 |
| CGCV Cap Group Conservative Eq | Add +115.3% | 1.30% | +0.64 |
| DFAI Dimensional International Co. | Add +19.0% | 4.93% | +0.57 |
| TLT iShares 20+ Year Treasury BD | Add +83.6% | 1.34% | +0.55 |
| AVLV Avantis US Large Cap Value | Add +99.6% | 0.92% | +0.39 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.33% | +0.33 |
| FPE FT-Preferred Secur & Inc. ETF | Add +22.6% | 2.61% | +0.20 |
| DFAE Dimensional Emerging Core Eq | Add +20.3% | 2.30% | +0.19 |
| DIHP Dimensional International Hi | Add +29.4% | 0.75% | +0.14 |
| OC Owens Corning | New | 0.11% | +0.11 |
| SHY iShares 1-3 Year Treasury Bo | Add +16.3% | 2.56% | +0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | New | 0.10% | +0.10 |
| PFG Principal Financial Group | New | 0.10% | +0.10 |
| CASY Casey's General Stores Inc. | New | 0.09% | +0.09 |
| IBM Intl Business Machines Corp. | New | 0.08% | +0.08 |
| F Ford Motor Co. | New | 0.06% | +0.06 |
| CVX Chevron Corp. | Add +4.8% | 0.18% | +0.01 |
| MO Altria Group Inc. | Add +0.2% | 0.12% | +0.00 |
| VOD Vodafone Group PLC-SP ADR | Add +0.3% | 0.04% | −0.00 |
| XOM Exxon Mobil Corp. | Add +0.1% | 0.20% | −0.00 |
| NXP Nuveen Select Tax-Free Inc. | Add +0.7% | 0.07% | −0.01 |
| CGHM Cap Group Muni High-Income | Add +0.2% | 0.11% | −0.02 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +0.0% | 0.11% | −0.02 |
| AVUS Avantis U.S. Equity ETF | Add +0.3% | 0.12% | −0.02 |
| CGMU Cap Group Municipal Income | Add +0.1% | 0.18% | −0.02 |
| AAPL Apple Inc. | Add +2.5% | 0.11% | −0.03 |
| CGGR Cap Group Growth Equity | Add +20.8% | 3.34% | −0.04 |
| VOO Vanguard S&P 500 ETF | Add +0.2% | 0.51% | −0.09 |
| AVUV Avantis US Small Cap Value | Add +12.8% | 2.38% | −0.25 |
| DFAS Dimensional US Small Cap ETF | Add +13.5% | 4.59% | −0.37 |
| CGUS Cap Group Core Equity | Add +13.2% | 13.06% | −0.56 |
| DFAC Dimensional US Core Equity 2 | Add +9.9% | 16.88% | −1.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 53 | $352.8M | DFAC, CGUS, CGDV, CGCP, DUHP |
| Q1 2026 | 51 | $311.7M | DFAC, CGUS, CGDV, CGCP, DUHP |
| Q4 2025 | 59 | $289.7M | DFAC, CGUS, CGDV, CGCP, DUHP |
| Q3 2025 | 59 | $282.4M | DFAC, CGUS, CGDV, CGCP, DUHP |
| Q2 2025 | 58 | $265.8M | DFAC, CGUS, CGDV, CGCP, DUHP |
| Q1 2025 | 59 | $242.9M | DFAC, CGUS, CGDV, CGCP, DUHP |
| Q4 2024 | 54 | $215.5M | DFAC, CGUS, CGCP, CGDV, DFAS |
| Q3 2024 | 58 | $213.7M | DFAC, CGUS, CGCP, CGDV, FTA |
| Q2 2024 | 55 | $197.9M | DFAC, CGUS, CGCP, CGDV, FTA |
| Q1 2024 | 54 | $190.0M | DFAC, CGUS, FTA, CGCP, CGDV |