Ames National Corp holds a focused book of 69 reported positions worth $181.8M as of Q2 2026 (disclosed Aug 13, 2026, a ~44-day 13F lag). This quarter they opened Carpenter Technology and trimmed Ishares Core S&P 500 ETF. Their largest long position is Ishares Core S&P 500 ETF at 26% of the reported non-option book. Cloning the disclosed picks since 2025 would be +20% (+12.2%/yr). That is a simulation of the disclosed long book, not audited returns.
The reported book (valued from quarter-end) returned +22.3%, a 2.5-point gap that is the cost of the ~44-day 13F disclosure lag a real follower can't avoid.
Growth of $10,000 cloning Ames National Corp's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~44 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.
Top-heavy: focused book
Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.
28% mapped to company sectors
+4 sectors below the cut, 3% together
Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.
Estimated $ traded · quarter-end prices (an exit at the prior quarter-end), no cost basis
Other tracked managers holding the same core names as Ames National Corp
| Manager / fund | Shared names | Their $ in those |
|---|---|---|
| Swiss Re Ltd | 41 / 69 | $1.0B |
| Uhlmann Price Securities, LLC | 36 / 69 | $2.5B |
| Independent Investors Inc | 31 / 69 | $438.9M |
| Kearns & Associates LLC | 15 / 69 | $172.3M |
| GuidedMoney, LLC | 18 / 69 | $171.6M |
| Stuart Investment Advisors, Inc. | 10 / 69 | $197.2M |
| Ardent Capital Management, Inc. | 18 / 69 | $190.1M |
| Constellation Investments, Inc. | 6 / 69 | $2.5B |
Ranked by the share of each fund's own book sitting in the names it shares with Ames National Corp: only funds sharing at least a tenth of the book qualify. Index giants, bank custody books and market makers are excluded. They hold everything, so their overlap says nothing.
Bars show each position's share of the portfolio. Click a row for its position history.
| # | Security | Value | Shares | % Port | Last move | History |
|---|---|---|---|---|---|---|
| 1 | iShares Core S&P 500 Index CORE S&P500 ETF | $46.9M | 62.7K | 25.8% | ▼−1.4% Reduced · −900 sh | |
| 2 | Vanguard Short-Term Bond SHORT TRM BOND | $13.3M | 170.8K | 7.3% | ▲+4.8% Added · +8K sh | |
| 3 | Vanguard Total Bond Market TOTAL BND MRKT | $13.1M | 178.6K | 7.2% | ▲+5.6% Added · +9K sh | |
| 4 | iShares Core US Aggregate Bond CORE US AGGBD ET | $13.0M | 131.3K | 7.1% | ▲+6.0% Added · +7K sh | |
| 5 | Vanguard Total International Stock VG TL INTL STK F | $6.6M | 77.7K | 3.7% | ▼−0.6% Reduced · −450 sh | |
| 6 | iShares Russell Mid-Cap Index RUS MID CAP ETF | $6.0M | 54.1K | 3.3% | ▼−0.3% Reduced · −185 sh | |
| 7 | Microsoft COM | $5.9M | 15.7K | 3.2% | ▼−0.8% Reduced · −120 sh | |
| 8 | Apple COM | $5.1M | 17.5K | 2.8% | ▼−0.8% Reduced · −142 sh | |
| 9 | Vanguard Short-Term Inflation-Protected Securities STRM INFPROIDX | $5.0M | 100.0K | 2.8% | ▲+3.9% Added · +4K sh | |
| 10 | State Street Technology Select Sector SPDR ST STR TECHN ETF | $4.7M | 24.5K | 2.6% | ▲+0.1% Added · +23 sh | |
| 11 | iShares Russell 2000 Index RUSSELL 2000 ETF | $4.6M | 15.4K | 2.5% | ▼−3.2% Reduced · −510 sh | |
| 12 | iShares Core S&P Mid-Cap CORE S&P MCP ETF | $4.5M | 57.9K | 2.5% | ▲+0.1% Added · +75 sh | |
| 13 | Vanguard Total Stock Market TOTAL STK MKT | $3.8M | 10.2K | 2.1% | —Held | |
| 14 | Goeppinger Enterprises Inc COM | $3.4M | 1.2K | 1.9% | —Held | |
| 15 | Alphabet C CAP STK CL C | $3.3M | 9.3K | 1.8% | ▼−2.0% Reduced · −195 sh | |
| 16 | iShares Core S&P Small-Cap CORE S&P SCP ETF | $3.1M | 21.2K | 1.7% | ▲~0% Added · +5 sh | |
| 17 | Johnson & Johnson COM | $2.8M | 11.0K | 1.5% | ▼−0.6% Reduced · −67 sh | |
| 18 | Home Depot COM | $2.6M | 7.4K | 1.4% | ▼−6.0% Reduced · −476 sh | |
| 19 | JPMorgan Chase COM | $2.4M | 7.3K | 1.3% | ▼−2.0% Reduced · −150 sh | |
| 20 | Berkshire Hathaway B CL B NEW | $2.4M | 4.7K | 1.3% | —Held | |
| 21 | Travelers Companies COM | $1.7M | 5.2K | 0.9% | ▲+614% Added · +4K sh | |
| 22 | Cisco Systems COM | $1.4M | 12.0K | 0.8% | ▼−5.0% Reduced · −625 sh | |
| 23 | Chevron COM | $1.4M | 8.4K | 0.8% | ▼−1.4% Reduced · −120 sh | |
| 24 | Ames National COM | $1.3M | 46.6K | 0.7% | —Held | |
| 25 | Exxon Mobil COM | $1.2M | 8.8K | 0.7% | —Held | |
| 26 | McDonald's COM | $1.2M | 4.3K | 0.6% | ▼−2.5% Reduced · −111 sh | |
| 27 | Automatic Data Processing COM | $1.2M | 5.2K | 0.6% | ▼−8.4% Reduced · −480 sh | |
| 28 | Procter & Gamble COM | $1.1M | 7.5K | 0.6% | ▼−14% Reduced · −1K sh | |
| 29 | Union Pacific COM | $1.1M | 4.0K | 0.6% | ▼−2.4% Reduced · −100 sh | |
| 30 | Merck COM | $1.0M | 7.9K | 0.6% | —Held | |
| 31 | Casey's General Stores COM | $954K | 1.2K | 0.5% | —Held | |
| 32 | Alphabet A CAP STK CL A | $916K | 2.6K | 0.5% | ▼−10% Reduced · −300 sh | |
| 33 | Wal-Mart COM | $882K | 7.8K | 0.5% | ▼−2.3% Reduced · −182 sh | |
| 34 | Vanguard S&P 500 S&P 500 ETF SHS | $788K | 1.1K | 0.4% | —Held | |
| 35 | Vanguard High Dividend Yield HIGH DIV YLD | $625K | 4.0K | 0.3% | —Held | |
| 36 | General Dynamics COM | $624K | 1.8K | 0.3% | —Held | |
| 37 | State Street SPDR S&P 500 TR UNIT | $618K | 828 | 0.3% | —Held | |
| 38 | UnitedHealth Group COM | $611K | 1.5K | 0.3% | ▼−3.0% Reduced · −45 sh | |
| 39 | Visa COM CL A | $555K | 1.6K | 0.3% | ▼−22% Reduced · −463 sh | |
| 40 | PPG Industries COM | $554K | 4.6K | 0.3% | —Held | |
| 41 | BlackRock COM | $539K | 561 | 0.3% | ▼−0.5% Reduced · −3 sh | |
| 42 | Qualcomm COM | $498K | 2.7K | 0.3% | ▼−21% Reduced · −719 sh | |
| 43 | Blackstone COM | $459K | 3.9K | 0.3% | —Held | |
| 44 | KLA Corporation COM NEW | $453K | 1.5K | 0.2% | ▲10× Added · +1K sh | |
| 45 | Aflac COM | $433K | 3.7K | 0.2% | —Held | |
| 46 | RTX Corporation COM | $423K | 2.2K | 0.2% | —Held | |
| 47 | Deere & Co COM | $414K | 653 | 0.2% | ▼−1.5% Reduced · −10 sh | |
| 48 | Norfolk Southern Corp COM | $409K | 1.3K | 0.2% | —Held | |
| 49 | Caterpillar COM | $408K | 383 | 0.2% | —Held | |
| 50 | PepsiCo COM | $398K | 2.9K | 0.2% | ▼−2.7% Reduced · −82 sh |
This fund page is the Follow view. The Build view lets your agent pull holdings, quarter changes, overlap, and source filings through API or MCP.
curl -H "Authorization: Bearer YOUR_API_KEY" \ "https://arkolith.com/api/v1/funds/1132651/holdings"
Use Arkolith to show AMES NATIONAL CORP's latest holdings, largest changes, and filing provenance.
As-of date vs the date the SEC received each filing
Reported 13F total per quarter. Raw filing totals can include option notional.
| Quarter | As of | Filed | Lag | Positions | Value | Form |
|---|---|---|---|---|---|---|
| Q2 2026 | Jun 30, 2026 | Aug 13, 2026 | 44d | 124 | $181.8M | 13F-HR |
| Q1 2026 | Mar 31, 2026 | May 12, 2026 | 42d | 120 | $166.6M | 13F-HR |
| Q4 2025 | Dec 31, 2025 | Feb 13, 2026 | 44d | 124 | $170.8M | 13F-HR |
| Q3 2025 | Sep 30, 2025 | Nov 12, 2025 | 43d | 128 | $168.4M | 13F-HR |
| Q2 2025 | Jun 30, 2025 | Aug 12, 2025 | 43d | 123 | $154.6M | 13F-HR |
| Q1 2025 | Mar 31, 2025 | May 6, 2025 | 36d | 115 | $149.0M | 13F-HR |
| Q4 2024 | Dec 31, 2024 | Feb 18, 2025 | 49d | 121 | $148.5M | 13F-HR |
Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. Book totals and portfolio weights cover reported non-option positions, which can include notes and warrants. Disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.