Arkolith/Funds/Hills Bank & Trust Co

Hills Bank & Trust Co

CIK 1309148Bank / broker
Holdings as of Mar 31, 2026·disclosed May 1, 2026·~31-day 13F lag·13F-HR
Active Filer

Hills Bank & Trust Co holds a focused book of 355 stocks worth $2.1B as of Q1 2026 (disclosed May 1, 2026, a ~45-day 13F lag). This quarter they opened Ishares Ibonds Dec 2031 Corp and trimmed SS SPDR S&P 500 ETF Trust-US. Their largest long position is Ste STR SPDR PT S&P 500 ETF at 13% of the equity book.

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holdings, largest changes, and filing provenance.
Opened
29
new positions
Added to
101
existing
Trimmed
153
reduced
Sold out
14
exited

Concentration

Top-heavy: focused book

Top 5 holdings
35%
Top 10 holdings
50%
Top 20 holdings
69%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

24% mapped to company sectors

ETF / fund or unclassified
76%
Information Technology
9%
Financials
3%
Consumer Discretionary
3%
Industrials
2%
Health Care
2%
Materials
1%
Energy
1%

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.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

355 positions
#SecurityValueShares% PortLast moveHistory
1SPDR Series Trust
STATE STREET SPD
$271.5M3.55M
13.1%
+763%
Added · +3.1M sh
2Vanguard Tax-Managed FDS
VAN FTSE DEV MKT
$144.0M2.25M
7.0%
+1.0%
Added · +21K sh
3State STR SPDR S&P 500 ETF T
TR UNIT
$137.5M211.4K
6.6%
−1.3%
Reduced · −3K sh
4American Centy ETF TR
AVANTIS US LARG
$92.2M1.19M
4.5%
82×
Added · +1.2M sh
5SPDR Series Trust
STATE STREET SPD
$76.6M1.29M
3.7%
+1.2%
Added · +15K sh
6Federated Hermes ETF Trust
HERMES TOTAL RET
$71.5M2.84M
3.5%
+7.8%
Added · +205K sh
7State STR SPDR S&P Midcap 40
UTSER1 S&PDCRP
$71.2M115.4K
3.4%
−1.9%
Reduced · −2K sh
8Vanguard Intl Equity Index F
FTSE EMR MKT ETF
$60.8M1.12M
2.9%
+3.8%
Added · +41K sh
9SPDR Index SHS FDS
S&P GBLINF ETF
$57.9M762.3K
2.8%
+104%
Added · +389K sh
10Invesco Exch TRD SLF Idx FD
BULSHS 2026 CB
$57.1M2.92M
2.8%
+3.5%
Added · +99K sh
11Invesco Exch TRD SLF Idx FD
BULSHS 2027 CB
$52.0M2.65M
2.5%
+4.8%
Added · +122K sh
12Invesco Exch TRD SLF Idx FD
INVSCO BLSH 28
$50.7M2.48M
2.4%
+3.9%
Added · +94K sh
13Invesco Exch TRD SLF Idx FD
BULETSHS 2029
$45.8M2.45M
2.2%
+5.4%
Added · +126K sh
14Invesco Exch TRD SLF Idx FD
INVSCO 30 CORP
$43.8M2.62M
2.1%
+5.5%
Added · +136K sh
15Invesco Exch TRD SLF Idx FD
BULETSHS 2031 CP
$43.2M2.62M
2.1%
+9.8%
Added · +235K sh
16Nvidia Corporation
COM
$39.5M226.7K
1.9%
−2.5%
Reduced · −6K sh
17Alphabet Inc
CAP STK CL C
$33.0M114.9K
1.6%
−2.5%
Reduced · −3K sh
18Apple Inc
COM
$32.6M128.3K
1.6%
+0.3%
Added · +325 sh
19Flexshares TR
MORNSTAR UPSTR
$28.3M512.3K
1.4%
−5.8%
Reduced · −32K sh
20Vanguard BD Index FDS
TOTAL BND MRKT
$26.5M360.2K
1.3%
+2.2%
Added · +8K sh
21Microsoft Corp
COM
$26.1M70.6K
1.3%
−4.9%
Reduced · −4K sh
22J P Morgan Exchange Traded F
INTL BD OPP ETF
$20.0M417.8K
1.0%
+7.7%
Added · +30K sh
23Dimensional ETF Trust
INTL CORE EQUITY
$16.3M460.1K
0.8%
+31%
Added · +109K sh
24JPMorgan Chase & Co
COM
$15.8M53.8K
0.8%
−3.6%
Reduced · −2K sh
25Ishares TR
MSCI EAFE ETF
$15.7M162.0K
0.8%
+0.9%
Added · +1K sh
26Fastenal Co
COM
$15.7M337.7K
0.8%
−4.4%
Reduced · −16K sh
27Invesco Exch TRD SLF Idx FD
BULSHS 2029 MUNI
$15.2M659.3K
0.7%
+4.1%
Added · +26K sh
28Procter & Gamble Co
COM
$15.1M104.8K
0.7%
−1.6%
Reduced · −2K sh
29SPDR Series Trust
STATE STREET SPD
$14.1M248.7K
0.7%
−59%
Reduced · −352K sh
30Amazon Com Inc
COM
$13.7M65.9K
0.7%
−4.3%
Reduced · −3K sh
31Ishares TR
IBONDS DEC 27
$11.3M443.5K
0.5%
+1.6%
Added · +7K sh
32Ishares TR
IBONDS DEC 28
$10.2M397.9K
0.5%
+1.7%
Added · +7K sh
33Invesco Exch TRD SLF Idx FD
INVSC 30 MUNI BD
$10.1M460.9K
0.5%
+6.6%
Added · +29K sh
34Invesco Exch TRD SLF Idx FD
BULLETSHS 31 MUN
$10.0M479.6K
0.5%
+8.6%
Added · +38K sh
35Ishares TR
IBONDS DEC 26
$10.0M390.2K
0.5%
−0.1%
Reduced · −561 sh
36Home Depot Inc
COM
$9.8M29.7K
0.5%
−2.2%
Reduced · −669 sh
37Johnson & Johnson
COM
$8.3M33.9K
0.4%
−0.7%
Reduced · −229 sh
38Costco Wholesale Corporation
COM
$8.0M8.0K
0.4%
−5.3%
Reduced · −446 sh
39Mastercard Incorporated
CL A
$8.0M15.9K
0.4%
−6.8%
Reduced · −1K sh
40Intercontinental Exchange In
COM
$7.5M47.8K
0.4%
−4.1%
Reduced · −2K sh
41Meta Platforms Inc
CL A
$7.4M13.0K
0.4%
−3.6%
Reduced · −492 sh
42Exxon Mobil Corp
COM
$7.3M43.2K
0.4%
−1.6%
Reduced · −704 sh
43Vanguard Index FDS
S&P 500 ETF SHS
$7.0M11.7K
0.3%
−1.8%
Reduced · −216 sh
44McDonalds Corp
COM
$6.2M20.0K
0.3%
−1.1%
Reduced · −226 sh
45Ishares TR
CORE S&P SCP ETF
$6.2M50.0K
0.3%
−0.2%
Reduced · −115 sh
46Kla Corp
COM NEW
$6.0M4.1K
0.3%
+0.9%
Added · +35 sh
47Illinois Tool WKS Inc
COM
$6.0M23.0K
0.3%
−1.8%
Reduced · −416 sh
48Palo Alto Networks Inc
COM
$6.0M37.4K
0.3%
−4.7%
Reduced · −2K sh
49Invesco Exch TRD SLF Idx FD
BULSHS 2028 MUNI
$5.8M246.9K
0.3%
+13%
Added · +29K sh
50TJX Cos Inc New
COM
$5.7M35.4K
0.3%
−5.4%
Reduced · −2K sh
Showing 50 of 355 positions

Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q1 2026Mar 31, 2026May 1, 2026525$2.1B13F-HR
Q4 2025Dec 31, 2025Feb 5, 2026508$1.7B13F-HR
Q3 2025Sep 30, 2025Nov 13, 2025471$1.7B13F-HR
Q2 2025Jun 30, 2025Aug 5, 2025477$1.6B13F-HR
Q1 2025Mar 31, 2025Apr 25, 2025460$1.4B13F-HR
Q4 2024Dec 31, 2024Feb 10, 2025466$1.3B13F-HR
Q3 2024Sep 30, 2024Oct 28, 2024468$1.3B13F-HR
Q2 2024Jun 30, 2024Jul 25, 2024443$1.2B13F-HR
Q1 2024Mar 31, 2024May 8, 2024440$1.2B13F-HR
Q4 2023Dec 31, 2023Feb 7, 2024429$1.0B13F-HR
Q3 2023Sep 30, 2023Oct 26, 2023414$860.9M13F-HR
Q2 2023Jun 30, 2023Jul 21, 2023393$777.6M13F-HR
Q1 2023Mar 31, 2023Apr 17, 2023391$722.7M13F-HR
Q4 2022Dec 31, 2022Feb 6, 2023387$677.1M13F-HR
Q3 2022Sep 30, 2022Nov 3, 2022382$679.1M13F-HR
Q2 2022Jun 30, 2022Aug 2, 2022391$615.2M13F-HR
Q1 2022Mar 31, 2022Aug 16, 2022402$701.8M13F-HR/A
Q4 2021Dec 31, 2021Feb 4, 2022374$727.9M13F-HR
Q3 2021Sep 30, 2021Oct 27, 2021369$662.0M13F-HR
Q2 2021Jun 30, 2021Aug 2, 2021371$659.5M13F-HR
Q1 2021Mar 31, 2021May 3, 2021366$616.1M13F-HR
Q4 2020Dec 31, 2020Feb 1, 2021349$572.3M13F-HR
Q3 2020Sep 30, 2020Oct 27, 2020330$511.1M13F-HR
Amended / restated
  • Q1 2022 · filed Apr 29, 202213F-HR · superseded

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly ~45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. Price-derived performance is withheld until the price-source policy and freshness gate are green.