Midwest Heritage Bank, FSB
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 16, 2025), Midwest Heritage Bank, FSB reported 58 stock positions worth $265.8 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 16.7% of the portfolio, followed by Cap Group Core Equity (CGUS, 13.6%) and Cap Group Dividend Value (CGDV, 9.5%). Compared with Q1 2025, it opened 3 new positions, sold out of 4, added to 31 and reduced 17. The biggest buy was Cap Group Growth Equity (CGGR, shares +18%) and the biggest sale First Trust L C Val Alp (FTA, shares −18%).
- Most Recent 13F
- Q2 2026
- Location
- WEST DES MOINES, IA
- CIK
- 0001906805
- Portfolio Value
- $265.8M (Q2 2025)
- SEC Filing
- 0001906805-25-000004 ↗ filed Jul 16, 2025
Holdings Value
Holdings 58 stocks · $265.8M
| DFAC Dimensional US Core Equity 2 | 16.74% | 1,241,932 | $44.5M | Reduce -0.1% |
| CGUS Cap Group Core Equity filed as CAPITAL GROUP CORE EQUITY ET | 13.59% | 978,124 | $36.1M | Add +3.0% |
| CGDV Cap Group Dividend Value filed as CAPITAL GROUP DIVIDEND VALUE | 9.53% | 641,829 | $25.3M | Add +2.3% |
| CGCP Cap Group Core Plus Income | 8.55% | 1,010,208 | $22.7M | Add +3.0% |
| DUHP Dimensional US High Profi Et | 6.49% | 484,980 | $17.2M | Add +5.9% |
| DFGP Dimensional GLBL Core PL Fix | 5.05% | 246,249 | $13.4M | Add +8.1% |
| DFAI Dimensional International Co. | 4.98% | 383,209 | $13.2M | Reduce -0.0% |
| DFAS Dimensional US Small Cap ETF | 4.49% | 187,525 | $11.9M | Add +0.4% |
| CGGR Cap Group Growth Equity | 4.28% | 280,082 | $11.4M | Add +18.3% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 2.59% | 94,704 | $6.9M | Reduce -1.5% |
| FPE FT-Preferred Secur & Inc. ETF | 2.46% | 367,561 | $6.5M | Add +2.1% |
| SHY iShares 1-3 Year Treasury Bo | 2.42% | 77,776 | $6.4M | Add +3.4% |
| DFAE Dimensional Emerging Core Eq | 2.37% | 217,753 | $6.3M | Add +0.9% |
| AVUV Avantis US Small Cap Value | 2.28% | 66,516 | $6.1M | Add +0.4% |
| FTA First Trust L C Val Alp | 1.80% | 60,771 | $4.8M | Reduce -17.6% |
| CGCV Cap Group Conservative Eq filed as CAPITAL GROUP CONSERVATIVE E | 1.38% | 128,035 | $3.7M | Add +9.6% |
| TLT iShares 20+ Year Treasury BD | 1.29% | 38,971 | $3.4M | Add +8.6% |
| AVLV Avantis US Large Cap Value | 0.97% | 37,856 | $2.6M | Add +11.0% |
| QUAL iShares MSCI USA Quality Fac | 0.88% | 12,865 | $2.4M | Add +22.9% |
| ACWI iShares MSCI Acwi ETF | 0.76% | 15,647 | $2.0M | No change |
| DIHP Dimensional International Hi | 0.75% | 67,856 | $2.0M | Reduce -0.1% |
| VOO Vanguard S&P 500 ETF | 0.54% | 2,530 | $1.4M | Add +4.4% |
| IVV iShares Core S&P 500 ETF | 0.48% | 2,076 | $1.3M | Reduce -8.8% |
| ESGU iShares ESG Aware MSCI USA | 0.41% | 8,107 | $1.1M | No change |
| JHSC John Hancock Multi Small Cap | 0.39% | 26,826 | $1.0M | Reduce -0.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.27% | 1 | $729K | No change |
| DFAX Dimensional World Ex US Core | 0.27% | 24,239 | $712K | Add +0.0% |
| FTSL First Trust Senior Loan ETF | 0.25% | 14,485 | $665K | Reduce -33.9% |
| DFCF Dimensional Core Fixed Inc. | 0.23% | 14,417 | $609K | Reduce -31.3% |
| EFV iShares MSCI Eafe Value ETF | 0.23% | 9,470 | $601K | Add +3.3% |
| FTEC Fidelity MSCI Info Tech Indx | 0.18% | 2,477 | $489K | No change |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | 0.17% | 10,007 | $463K | Add +6.0% |
| EFG iShares MSCI Eafe Growth ETF | 0.17% | 3,978 | $446K | Reduce -0.6% |
| XOM Exxon Mobil Corp. | 0.16% | 4,060 | $438K | Add +0.1% |
| CGMU Cap Group Municipal Income | 0.16% | 16,114 | $430K | Add +0.1% |
| IVW iShares S&P 500 Growth ETF | 0.16% | 3,744 | $412K | Add +27.6% |
| AMZN Amazon.com Inc. | 0.15% | 1,775 | $389K | Reduce -2.9% |
| CVX Chevron Corp. | 0.14% | 2,668 | $382K | Reduce -0.2% |
| CGMM Cap Group Small and Mid Cap | 0.14% | 13,574 | $365K | New |
| DYNF Ishrs US E F R A ETF-Usd Inc. | 0.13% | 6,360 | $346K | Add +14.2% |
| IQLT iShares MSCI International Q | 0.13% | 7,899 | $341K | New |
| IYW iShares Ustechnology ETF | 0.13% | 1,954 | $339K | Add +1.8% |
| SCHZ Schwab US Aggregate Bond ETF | 0.13% | 14,524 | $338K | Add +4.5% |
| AVUS Avantis U.S. Equity ETF | 0.12% | 3,206 | $323K | Add +0.3% |
| CGMS Cap Group US Multi-Sect Bond | 0.11% | 10,871 | $300K | Add +34.2% |
| MO Altria Group Inc. | 0.11% | 4,818 | $282K | Reduce -0.9% |
| MBB iShares MBS ETF | 0.11% | 2,982 | $280K | Add +4.0% |
| CGHM Cap Group Muni High-Income | 0.10% | 11,089 | $273K | Add +0.2% |
| CASY Casey's General Stores Inc. | 0.10% | 510 | $260K | Reduce -4.0% |
| OC Owens Corning | 0.09% | 1,813 | $249K | Add +0.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.09% | 811 | $239K | No change |
| AAPL Apple Inc. | 0.09% | 1,144 | $235K | Reduce -3.4% |
| IEMG iShares Core MSCI Emerging | 0.08% | 3,523 | $211K | New |
| BRK.B Berkshire Hathaway Inc. Class B | 0.08% | 434 | $211K | Reduce -5.0% |
| SPTS SS SPDR P St Term TSY ETF | 0.08% | 7,044 | $206K | No change |
| NXP Nuveen Select Tax-Free Inc. | 0.06% | 11,487 | $161K | Add +1.1% |
| F Ford Motor Co. filed as FORD MTR CO | 0.05% | 11,138 | $121K | Reduce -18.5% |
| VOD Vodafone Group PLC-SP ADR | 0.04% | 10,196 | $109K | No change |
Portfolio Sells Q1 2025 → Q2 2025
| FTA First Trust L C Val Alp | Reduce -17.6% | 1.80% | −0.53 |
| ECL Ecolab Inc. | Sold out | 0.00% | −0.21 |
| LLY Eli Lilly & Co. | Sold out | 0.00% | −0.20 |
| FTSL First Trust Senior Loan ETF | Reduce -33.9% | 0.25% | −0.16 |
| DFAC Dimensional US Core Equity 2 | Reduce -0.1% | 16.74% | −0.14 |
| DFIP Dimensional Inflation-Protec | Sold out | 0.00% | −0.14 |
| DFCF Dimensional Core Fixed Inc. | Reduce -31.3% | 0.23% | −0.13 |
| PFG Principal Financial Group | Sold out | 0.00% | −0.10 |
| IVV iShares Core S&P 500 ETF | Reduce -8.8% | 0.48% | −0.04 |
| CVX Chevron Corp. | Reduce -0.2% | 0.14% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.0% | 0.08% | −0.02 |
| JHSC John Hancock Multi Small Cap | Reduce -0.6% | 0.39% | −0.02 |
| AAPL Apple Inc. | Reduce -3.4% | 0.09% | −0.02 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -1.5% | 2.59% | −0.01 |
| MO Altria Group Inc. | Reduce -0.9% | 0.11% | −0.01 |
| F Ford Motor Co. | Reduce -18.5% | 0.05% | −0.01 |
| DIHP Dimensional International Hi | Reduce -0.1% | 0.75% | −0.00 |
| EFG iShares MSCI Eafe Growth ETF | Reduce -0.6% | 0.17% | +0.00 |
| CASY Casey's General Stores Inc. | Reduce -4.0% | 0.10% | +0.00 |
| AMZN Amazon.com Inc. | Reduce -2.9% | 0.15% | +0.00 |
| DFAI Dimensional International Co. | Reduce -0.0% | 4.98% | +0.06 |
Portfolio Buys Q1 2025 → Q2 2025
| CGGR Cap Group Growth Equity | Add +18.3% | 4.28% | +0.94 |
| CGUS Cap Group Core Equity | Add +3.0% | 13.59% | +0.53 |
| CGDV Cap Group Dividend Value | Add +2.3% | 9.53% | +0.33 |
| DUHP Dimensional US High Profi Et | Add +5.9% | 6.49% | +0.24 |
| QUAL iShares MSCI USA Quality Fac | Add +22.9% | 0.88% | +0.15 |
| CGMM Cap Group Small and Mid Cap | New | 0.14% | +0.14 |
| IQLT iShares MSCI International Q | New | 0.13% | +0.13 |
| IEMG iShares Core MSCI Emerging | New | 0.08% | +0.08 |
| CGCV Cap Group Conservative Eq | Add +9.6% | 1.38% | +0.07 |
| DFAE Dimensional Emerging Core Eq | Add +0.9% | 2.37% | +0.07 |
| AVLV Avantis US Large Cap Value | Add +11.0% | 0.97% | +0.06 |
| IVW iShares S&P 500 Growth ETF | Add +27.6% | 0.16% | +0.04 |
| DFGP Dimensional GLBL Core PL Fix | Add +8.1% | 5.05% | +0.04 |
| VOO Vanguard S&P 500 ETF | Add +4.4% | 0.54% | +0.03 |
| CGMS Cap Group US Multi-Sect Bond | Add +34.2% | 0.11% | +0.02 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +14.2% | 0.13% | +0.02 |
| IYW iShares Ustechnology ETF | Add +1.8% | 0.13% | +0.02 |
| DFAX Dimensional World Ex US Core | Add +0.0% | 0.27% | +0.01 |
| EFV iShares MSCI Eafe Value ETF | Add +3.3% | 0.23% | +0.00 |
| AVUS Avantis U.S. Equity ETF | Add +0.3% | 0.12% | 0.00 |
| IUSB Ishr CR Unvrse Usd BD ETF-Ui | Add +6.0% | 0.17% | −0.01 |
| MBB iShares MBS ETF | Add +4.0% | 0.11% | −0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Add +4.5% | 0.13% | −0.01 |
| NXP Nuveen Select Tax-Free Inc. | Add +1.1% | 0.06% | −0.01 |
| CGHM Cap Group Muni High-Income | Add +0.2% | 0.10% | −0.01 |
| OC Owens Corning | Add +0.2% | 0.09% | −0.01 |
| CGMU Cap Group Municipal Income | Add +0.1% | 0.16% | −0.02 |
| XOM Exxon Mobil Corp. | Add +0.1% | 0.16% | −0.03 |
| TLT iShares 20+ Year Treasury BD | Add +8.6% | 1.29% | −0.05 |
| AVUV Avantis US Small Cap Value | Add +0.4% | 2.28% | −0.10 |
| DFAS Dimensional US Small Cap ETF | Add +0.4% | 4.49% | −0.10 |
| SHY iShares 1-3 Year Treasury Bo | Add +3.4% | 2.42% | −0.14 |
| FPE FT-Preferred Secur & Inc. ETF | Add +2.1% | 2.46% | −0.15 |
| CGCP Cap Group Core Plus Income | Add +3.0% | 8.55% | −0.52 |
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 |