Pinnacle Bancorp, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 24, 2025), Pinnacle Bancorp, Inc. reported 908 stock positions worth $338.5 million. Its top holding was Berkshire Hathaway Class A (BRK.A) at 7.1% of the portfolio, followed by Vanguard S&P 500 ETF (VOO, 6.3%) and Microsoft (MSFT, 3.4%). Compared with Q2 2025, it opened 30 new positions, sold out of 28, added to 191 and reduced 177. The biggest buy was Apple (AAPL, shares +3%) and the biggest sale Berkshire Hathaway Class A (BRK.A, shares −11%).

Most Recent 13F
Q2 2026
Location
BEATRICE, NE
CIK
0001703383
Portfolio Value
$338.5M (Q3 2025)
SEC Filing
0001703383-25-000007 ↗ filed Oct 24, 2025

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $338.1M Q1 2024 Q2 2024: $338.7M Q2 2024 Q3 2024: $374.0M Q3 2024 Q4 2024: $307.5M Q4 2024 Q1 2025: $306.7M Q1 2025 Q2 2025: $324.0M Q2 2025 Q3 2025: $338.5M $338.5M Q3 2025 Q4 2025: $341.2M Q4 2025 Q1 2026: $338.8M Q1 2026 Q2 2026: $384.4M Q2 2026

Holdings 908 stocks · $338.5M
BRK.A Berkshire Hathaway Inc. Class A 7.13% 32 $24.1M Reduce -11.1%
VOO Vanguard S&P 500 ETF 6.29% 34,797 $21.3M Reduce -1.3%
MSFT Microsoft Corp. 3.37% 22,001 $11.4M Reduce -2.9%
AAPL Apple Inc. 2.56% 34,062 $8.7M Add +3.4%
BRK.B Berkshire Hathaway Inc. Class B 2.30% 15,485 $7.8M Add +2.0%
IJH iShares Core S&P Midcap ETF 2.22% 115,289 $7.5M Reduce -4.5%
IVV iShares Core S&P 500 ETF 2.05% 10,374 $6.9M Add +4.7%
JPM JPMorgan Chase & Co. 1.94% 20,868 $6.6M Add +4.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.84% 9,343 $6.2M Reduce -0.1%
AMZN Amazon.com Inc. 1.73% 26,695 $5.9M Reduce -3.4%
EFA iShares MSCI Eafe ETF 1.64% 59,542 $5.6M Add +0.2%
GOOGL Alphabet Inc. Class A 1.47% 20,464 $5.0M Add +1.1%
BND Vanguard Total Bond Market 1.46% 66,473 $4.9M Reduce -1.9%
COST Costco Wholesale Corp. 1.42% 5,185 $4.8M Reduce -3.3%
META Meta Platforms Inc. Class A 1.36% 6,282 $4.6M Reduce -5.3%
V Visa Inc. Class A 1.35% 13,350 $4.6M Reduce -6.2%
LLY Eli Lilly & Co. 1.25% 5,527 $4.2M Add +3.0%
MGK Vngrd Mrgstr MG CP GR ETF-Ui 1.23% 10,344 $4.2M No change
IVE iShares S&P 500 Value ETF 1.19% 19,466 $4.0M Reduce -7.4%
GOOG Alphabet Inc. Class C 1.16% 16,075 $3.9M Reduce -6.8%
VTI VG Morningstar TS MKT ETF-US 1.09% 11,270 $3.7M Add +1.2%
VIG Vanguard Dividend Apprec ETF 1.09% 17,079 $3.7M Add +3.1%
MGV Vngrd Mrgstr MG CP VL ETF-Ui 1.04% 25,485 $3.5M Reduce -0.1%
VWO Vanguard Ftse Emerging Marke 0.89% 55,677 $3.0M Reduce -6.5%
JNJ Johnson & Johnson 0.88% 16,094 $3.0M Add +1.1%
IEFA iShares Core MSCI Eafe ETF 0.84% 32,764 $2.9M Add +4.7%
ABBV Abbvie Inc. 0.82% 11,951 $2.8M Reduce -1.4%
QQQ Invesco QQQ Trust Series 1 0.81% 4,542 $2.7M Add +20.1%
PG The Procter & Gamble Co. 0.77% 16,856 $2.6M Add +2.4%
VUG Vanguard Mrngstar GR ETF-Sui 0.74% 5,242 $2.5M Add +0.1%
IJR iShares Core S&P Small-Cap E 0.73% 20,939 $2.5M Reduce -2.9%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.70% 45,621 $2.4M Reduce -0.5%
SUB iShares Short-Term National 0.67% 21,329 $2.3M Add +0.4%
VGSH Vanguard Short-Term Treasury 0.67% 38,428 $2.3M Reduce -11.4%
VGIT Vanguard Intermediate-Term T 0.64% 36,235 $2.2M Add +20.4%
WFC Wells Fargo & Co. 0.59% 23,716 $2.0M Reduce -4.6%
IVW iShares S&P 500 Growth ETF 0.56% 15,769 $1.9M No change
CVX Chevron Corp. 0.55% 11,923 $1.9M Add +3.5%
IJJ iShares S&P Mid-Cap 400 Valu 0.54% 14,124 $1.8M Reduce -9.3%
DVY iShares Select Dividend ETF 0.49% 11,765 $1.7M Reduce -0.1%
NVDA Nvidia Corp. 0.49% 8,905 $1.7M Add +23.7%
MCD McDonald's Corp. 0.48% 5,391 $1.6M Reduce -4.2%
AGG iShares Core U.S. Aggregate 0.46% 15,393 $1.5M Add +2.2%
VOOG Vanguard S&P 500 Growth ETF 0.42% 3,262 $1.4M No change
ILCG iShares Morningstar Growth E 0.42% 13,505 $1.4M No change
MUB iShares National Muni Bond E 0.41% 12,899 $1.4M Reduce -3.9%
UNP Union Pacific Corp. 0.40% 5,751 $1.4M Add +4.7%
GLD SPDR Gold Shares 0.39% 3,676 $1.3M No change
IWM iShares Russell 2000 ETF 0.38% 5,277 $1.3M Reduce -0.1%
VTV Vanguard Mrngstr Val ETF-Aui 0.36% 6,619 $1.2M Add +1.0%
DBEF Xtrackers MSCI Eafe Hedged E 0.36% 25,922 $1.2M No change
DFAS Dimensional US Small Cap ETF 0.35% 17,425 $1.2M Reduce -8.3%
VTEB Vanguard Tax-Exempt Bond ETF 0.35% 23,466 $1.2M Reduce -10.3%
IEMG iShares Core MSCI Emerging 0.35% 17,787 $1.2M Add +10.7%
VCSH Vanguard S/T Corp. Bond ETF 0.35% 14,656 $1.2M Reduce -1.1%
CSCO Cisco Systems Inc. 0.34% 17,073 $1.2M Reduce -0.3%
BLK BlackRock Inc. 0.34% 997 $1.2M Add +3.2%
SPSB SS SPDR P St C Corp. ETF 0.32% 36,084 $1.1M Add +0.2%
VEA Vanguard Ftse Developed ETF 0.31% 17,369 $1.0M Reduce -0.1%
PEP Pepsico Inc. 0.30% 7,323 $1.0M Add +3.6%
KO The Coca-Cola Co. 0.29% 15,049 $998K Add +1.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.29% 3,359 $987K Reduce -0.1%
WMT Walmart Inc. 0.29% 9,435 $972K Reduce -8.0%
HON Honeywell International Inc. 0.29% 4,588 $966K Add +1.7%
LOW Lowe's Cos Inc. 0.28% 3,770 $947K Add +2.5%
DGRO iShares Core Dividend Growth 0.27% 13,637 $928K Add +0.0%
CDNS Cadence Design SYS Inc. 0.27% 2,601 $914K Reduce -0.9%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.26% 5,097 $890K Add +0.0%
AVGO Broadcom Inc. 0.26% 2,689 $887K Add +17.9%
TRV The Travelers Cos Inc. 0.25% 3,068 $857K No change
EMR Emerson Electric Co. 0.25% 6,454 $847K Reduce -0.4%
ADP Automatic Data Processing 0.25% 2,850 $836K Reduce -4.7%
DFAT Dimensional US Target Value 0.24% 13,902 $809K Reduce -9.4%
VNQ Vanguard Real Estate ETF 0.24% 8,839 $808K Reduce -9.4%
GD General Dynamics Corp. 0.24% 2,358 $804K Add +0.4%
MS Morgan Stanley 0.23% 4,995 $794K Reduce -0.5%
HD Home Depot Inc. 0.23% 1,896 $768K Add +2.8%
RTX RTX Corp. 0.22% 4,543 $760K Add +4.9%
ABT Abbott Laboratories 0.22% 5,661 $758K Reduce -2.0%
FYT First Trust Small Cap Val 0.22% 13,413 $750K No change
SCHP Schwab U.S. Tips ETF 0.22% 27,742 $748K Reduce -3.0%
SCHD Schwab US DVD Equity ETF 0.22% 27,186 $742K Reduce -16.4%
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.22% 7,743 $741K Reduce -0.5%
XOM Exxon Mobil Corp. 0.22% 6,553 $739K Add +1.8%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.21% 2,449 $719K Reduce -0.7%
CMI Cummins Inc. 0.21% 1,685 $712K Add +1.2%
AFL Aflac Inc. 0.21% 6,340 $708K Add +1.3%
MBB iShares MBS ETF 0.21% 7,427 $707K Reduce -10.3%
ACN Accenture PLC Class A 0.21% 2,862 $706K Reduce -5.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.20% 2,437 $688K Add +15.0%
EEM iShares MSCI Emerging Market 0.20% 12,845 $686K Add +0.8%
ORCL Oracle Corp. 0.20% 2,425 $682K Reduce -5.5%
FIXD First Trust Smith Opportunis 0.20% 15,337 $681K Reduce -0.1%
IAU iShares Gold Trust 0.20% 9,321 $678K Reduce -8.6%
USB US Bancorp 0.20% 13,985 $676K Add +3.9%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.20% 5,787 $663K No change
UNH Unitedhealth Group Inc. 0.20% 1,918 $662K Reduce -18.1%
VOOV Vanguard S&P 500 Value ETF 0.19% 3,282 $655K No change
SCHB Schwab US Broad Market ETF 0.19% 25,092 $645K Reduce -1.3%
AMT American Tower Corp. 0.19% 3,327 $640K Add +3.7%

Show all 908 holdings

Other holdings (2): bonds, preferreds, convertibles and warrants · $2K (not counted above)
SecurityClassShares / PrincipalValueChange
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 28$1KNo change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 39$995No change

Total filed on the 13F, all lines: $338.6M.

Portfolio Sells Q2 2025 → Q3 2025
BRK.A Berkshire Hathaway Inc. Class A Reduce -11.1% 7.13% −0.97
COST Costco Wholesale Corp. Reduce -3.3% 1.42% −0.22
V Visa Inc. Class A Reduce -6.2% 1.35% −0.21
META Meta Platforms Inc. Class A Reduce -5.3% 1.36% −0.15
AMZN Amazon.com Inc. Reduce -3.4% 1.73% −0.14
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -75.5% 0.04% −0.12
VGSH Vanguard Short-Term Treasury Reduce -11.4% 0.67% −0.12
MSFT Microsoft Corp. Reduce -2.9% 3.37% −0.11
IBTF iShares Ibonds Dec 2025 Term Reduce -66.4% 0.05% −0.11
IJH iShares Core S&P Midcap ETF Reduce -4.5% 2.22% −0.09
IVE iShares S&P 500 Value ETF Reduce -7.4% 1.19% −0.08
BND Vanguard Total Bond Market Reduce -1.9% 1.46% −0.08
ACN Accenture PLC Class A Reduce -5.4% 0.21% −0.07
TXN Texas Instruments Inc. Reduce -25.6% 0.10% −0.06
IJJ iShares S&P Mid-Cap 400 Valu Reduce -9.3% 0.54% −0.05
VTEB Vanguard Tax-Exempt Bond ETF Reduce -10.3% 0.35% −0.05
SCHD Schwab US DVD Equity ETF Reduce -16.4% 0.22% −0.05
ADBE Adobe Inc. Reduce -15.1% 0.13% −0.05
SBUX Starbucks Corp. Reduce -29.5% 0.08% −0.05
ADP Automatic Data Processing Reduce -4.7% 0.25% −0.04
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -74.6% 0.01% −0.03
PAYX Paychex Inc. Reduce -1.2% 0.16% −0.03
IGSB iShares 1-5Y Inv Grade Corp. Reduce -48.7% 0.03% −0.03
MBB iShares MBS ETF Reduce -10.3% 0.21% −0.03
UNH Unitedhealth Group Inc. Reduce -18.1% 0.20% −0.03
VNQ Vanguard Real Estate ETF Reduce -9.4% 0.24% −0.03
WFC Wells Fargo & Co. Reduce -4.6% 0.59% −0.03
SCHG Schwab US Large-Cap Growth Reduce -29.6% 0.08% −0.03
IBDQ iShares Ibonds Dec 2025 Term Reduce -68.2% 0.01% −0.03
MUB iShares National Muni Bond E Reduce -3.9% 0.41% −0.03
TLT iShares 20+ Year Treasury BD Reduce -17.5% 0.09% −0.02
MCD McDonald's Corp. Reduce -4.2% 0.48% −0.02
WMT Walmart Inc. Reduce -8.0% 0.29% −0.02
MAS Masco Corp. Reduce -47.9% 0.03% −0.02
CSCO Cisco Systems Inc. Reduce -0.3% 0.34% −0.02
DFAS Dimensional US Small Cap ETF Reduce -8.3% 0.35% −0.02
ZTS Zoetis Inc. Reduce -2.3% 0.15% −0.02
ABT Abbott Laboratories Reduce -2.0% 0.22% −0.02
VWO Vanguard Ftse Emerging Marke Reduce -6.5% 0.89% −0.02
VCSH Vanguard S/T Corp. Bond ETF Reduce -1.1% 0.35% −0.02
JEPI JPMorgan Equity Premium Inco Reduce -32.1% 0.03% −0.02
AMLP Alerian MLP ETF Reduce -21.7% 0.04% −0.02
GWW WW Grainger Inc. Reduce -10.0% 0.06% −0.02
DFAT Dimensional US Target Value Reduce -9.4% 0.24% −0.02
EMR Emerson Electric Co. Reduce -0.4% 0.25% −0.02
GEHC GE Healthcare Technology Reduce -70.5% 0.01% −0.02
GSLC Goldman Activebeta US LC ETF Reduce -63.4% 0.01% −0.02
J Jacobs Solutions Inc. Reduce -19.5% 0.11% −0.01
SCHP Schwab U.S. Tips ETF Reduce -3.0% 0.22% −0.01
AMGN Amgen Inc. Reduce -20.2% 0.05% −0.01

Portfolio Buys Q2 2025 → Q3 2025
AAPL Apple Inc. Add +3.4% 2.56% +0.48
GOOGL Alphabet Inc. Class A Add +1.1% 1.47% +0.37
QQQ Invesco QQQ Trust Series 1 Add +20.1% 0.81% +0.16
JPM JPMorgan Chase & Co. Add +4.3% 1.94% +0.15
IVV iShares Core S&P 500 ETF Add +4.7% 2.05% +0.15
NVDA Nvidia Corp. Add +23.7% 0.49% +0.14
JNJ Johnson & Johnson Add +1.1% 0.88% +0.13
VGIT Vanguard Intermediate-Term T Add +20.4% 0.64% +0.09
AVGO Broadcom Inc. Add +17.9% 0.26% +0.07
IEMG iShares Core MSCI Emerging Add +10.7% 0.35% +0.05
VTI VG Morningstar TS MKT ETF-US Add +1.2% 1.09% +0.05
TJX TJX Companies Inc. Add +62.4% 0.10% +0.04
VIG Vanguard Dividend Apprec ETF Add +3.1% 1.09% +0.04
CMI Cummins Inc. Add +1.2% 0.21% +0.04
MRVL Marvell Technology Inc. Add +99.1% 0.08% +0.04
IEFA iShares Core MSCI Eafe ETF Add +4.7% 0.84% +0.04
IDVO Amplify CWP Intl Enh DVD Inc. New 0.04% +0.04
CVX Chevron Corp. Add +3.5% 0.55% +0.04
PSA Public Storage Add +88.3% 0.08% +0.04
VUG Vanguard Mrngstar GR ETF-Sui Add +0.1% 0.74% +0.03
BLK BlackRock Inc. Add +3.2% 0.34% +0.03
IBTJ iShares Ibonds Dec 2029 Term New 0.03% +0.03
APH Amphenol Corp. Class A Add +7.0% 0.13% +0.03
RTX RTX Corp. Add +4.9% 0.22% +0.03
KNG FT Vest S&P 500 DVD Arst TRG Add +57.8% 0.09% +0.03
RDVY First Trust Rising Dividend Add +46.1% 0.09% +0.03
LOW Lowe's Cos Inc. Add +2.5% 0.28% +0.03
GD General Dynamics Corp. Add +0.4% 0.24% +0.03
WMB Williams Cos Inc. Add +216.3% 0.04% +0.03
SDVY First Trust Smid Cap Rising Add +43.9% 0.08% +0.03
GSK GSK PLC-Spon ADR Add +226.9% 0.03% +0.02
PNC PNC Financial Services Group Add +56.9% 0.07% +0.02
ANET Arista Networks Inc. Add +590.7% 0.03% +0.02
BRK.B Berkshire Hathaway Inc. Class B Add +2.0% 2.30% +0.02
TSLA Tesla Inc. Add +4.1% 0.08% +0.02
TMUS T-Mobile US Inc. Add +147.7% 0.04% +0.02
DUK Duke Energy Corp. Add +29.1% 0.10% +0.02
NOC Northrop Grumman Corp. Add +10.1% 0.09% +0.02
USIG iShares Broad Usd Investment New 0.02% +0.02
PANW Palo Alto Networks Inc. Add +18.2% 0.17% +0.02
HD Home Depot Inc. Add +2.8% 0.23% +0.02
LMT Lockheed Martin Corp. Add +62.4% 0.05% +0.02
ASML ASML Holding NV-NY Reg SHS Add +75.0% 0.04% +0.02
CVS CVS Health Corp. Add +160.5% 0.03% +0.02
EOG EOG Resources Inc. Add +35.9% 0.09% +0.02
PEP Pepsico Inc. Add +3.6% 0.30% +0.02
CLX Clorox Company Add +134.1% 0.02% +0.01
DE Deere & Co. Add +29.3% 0.13% +0.01
PFE Pfizer Inc. Add +8.8% 0.15% +0.01
EEM iShares MSCI Emerging Market Add +0.8% 0.20% +0.01

Notes & Other Activity Q2 2025 → Q3 2025
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 Sold out 51 $2Kbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 919$384.4MBRK.A, VOO, AAPL, IJH, SPY
Q1 2026 883$338.8MBRK.A, VOO, AAPL, MSFT, IJH
Q4 2025 871$341.2MBRK.A, VOO, MSFT, AAPL, BRK.B
Q3 2025 908$338.5MBRK.A, VOO, MSFT, AAPL, BRK.B
Q2 2025 906$324.0MBRK.A, VOO, MSFT, IJH, BRK.B
Q1 2025 895$306.7MBRK.A, VOO, MSFT, BRK.B, AAPL
Q4 2024 880$307.5MBRK.A, VOO, MSFT, AAPL, IJH
Q3 2024 870$374.0MBRK.A, VOO, MSFT, AAPL, IJH
Q2 2024 847$338.7MBRK.A, VOO, BAC, MSFT, AAPL
Q1 2024 822$338.1MBRK.A, VOO, BAC, MSFT, IJH