Hills Bank & Trust Co 13F annual report

Hills Bank & Trust Co is an investment fund managing more than $1.18 trillion ran by Joni Mcfarland. There are currently 234 companies in Mrs. Mcfarland’s portfolio. The largest investments include State Street Etf/usa and Ishares Etfs/usa, together worth $348 billion.

Limited to 30 biggest holdings

$1.18 trillion Assets Under Management (AUM)

As of 1st May 2024, Hills Bank & Trust Co’s top holding is 585,988 shares of State Street Etf/usa currently worth over $197 billion and making up 16.7% of the portfolio value. In addition, the fund holds 5,413,183 shares of Ishares Etfs/usa worth $151 billion. The third-largest holding is Invesco Etfs/usa worth $127 billion and the next is Vanguard Etf/usa worth $85.3 billion, with 1,533,149 shares owned.

Currently, Hills Bank & Trust Co's portfolio is worth at least $1.18 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Hills Bank & Trust Co

The Hills Bank & Trust Co office and employees reside in North Liberty, Iowa. According to the last 13-F report filed with the SEC, Joni Mcfarland serves as the Vice President at Hills Bank & Trust Co.

Recent trades

In the most recent 13F filing, Hills Bank & Trust Co revealed that it had opened a new position in Perspective Therapeutics Inc and bought 10,358,305 shares worth $12.3 billion. This means they effectively own approximately 0.1% of the company. Perspective Therapeutics Inc makes up 23.1% of the fund's Health Care sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in State Street Etf/usa by buying 26,389 additional shares. This makes their stake in State Street Etf/usa total 585,988 shares worth $197 billion.

On the other hand, there are companies that Hills Bank & Trust Co is getting rid of from its portfolio. Hills Bank & Trust Co closed its position in BlackLine Inc on 8th May 2024. It sold the previously owned 7,750 shares for $484 million. Joni Mcfarland also disclosed a decreased stake in Flexshares Etfs/usa by 0.2%. This leaves the value of the investment at $44 billion and 1,006,673 shares.

One of the largest hedge funds

The two most similar investment funds to Hills Bank & Trust Co are Comerica Securities,inc and Fernbridge Capital Management L.P.. They manage $1.18 trillion and $1.18 trillion respectively.


Joni Mcfarland investment strategy

Hills Bank & Trust Co’s portfolio is diversified across 13 sectors. Currently, their heaviest sector is Technology — making up 10.2% of the total portfolio value. The fund focuses on investments in the United States as 62.4% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 59% of the total holdings value. On the other hand, small-cap stocks make up only 3.4% of the portfolio. The average market cap of the portfolio companies is close to $122 billion.

The complete list of Hills Bank & Trust Co trades based on 13F SEC filings

These positions were updated on May 8th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
State Street Etf/usa
4.72%
585,988
$197,418,131,000 16.74%
Ishares Etfs/usa
17.86%
5,413,183
$150,532,774,000 12.76%
Invesco Etfs/usa
64.45%
6,410,841
$126,553,670,000 10.73%
Vanguard Etf/usa
3.61%
1,533,149
$85,321,519,000 7.23%
Flexshares Etfs/usa
16.19%
1,006,673
$43,983,906,000 3.73%
Microsoft Corporation
0.12%
80,620
$33,918,446,000 2.88%
Ssga Funds Management Inc
43.53%
677,088
$35,554,518,000 3.01%
NVIDIA Corp
1.87%
27,945
$25,249,984,000 2.14%
Apple Inc
3.26%
141,382
$24,244,185,000 2.06%
Alphabet Inc
0.06%
137,029
$20,857,889,000 1.77%
Procter & Gamble Co/the
6.90%
120,750
$19,591,688,000 1.66%
Fastenal Co.
1.88%
202,913
$15,652,709,000 1.33%
Home Depot Inc/the
0.51%
33,551
$12,870,163,000 1.09%
JPMorgan Chase & Co.
0.94%
62,355
$12,489,707,000 1.06%
Perspective Therapeutics Inc
Opened
10,358,305
$12,326,383,000 1.05%
Amazon.com Inc.
0.72%
67,669
$12,206,134,000 1.04%
Jp Morgan Etfs/usa
0.52%
209,269
$9,965,390,000 0.85%
Ssga Funds Management
7.61%
202,943
$8,690,020,000 0.74%
Mastercard Incorporated
1.25%
17,448
$8,402,434,000 0.71%
Intercontinental Exchange Inc
1.48%
59,417
$8,165,678,000 0.69%
Fiserv, Inc.
2.26%
49,594
$7,926,113,000 0.67%
Illinois Tool Wks
1.80%
27,579
$7,400,273,000 0.63%
Us Bancorp
1.32%
160,693
$7,182,978,000 0.61%
Thermo Fisher Scientific Inc.
2.54%
11,964
$6,953,596,000 0.59%
Mcdonald's Corp
1.07%
24,322
$6,857,588,000 0.58%
Costco Wholesale Corp
1.53%
8,967
$6,569,493,000 0.56%
Palo Alto Networks Inc
1.94%
23,000
$6,534,990,000 0.55%
Meta Platforms Inc
1.61%
13,418
$6,515,512,000 0.55%
Vanguard
0.57%
13,211
$6,350,528,000 0.54%
Pepsico Inc
0.93%
35,763
$6,258,882,000 0.53%
Exxon Mobil Corp.
1.37%
48,865
$5,680,068,000 0.48%
Johnson & Johnson
0.40%
35,342
$5,590,751,000 0.47%
Nike, Inc.
1.05%
57,457
$5,399,809,000 0.46%
Abbott Laboratories
1.56%
44,135
$5,016,384,000 0.43%
Salesforce.com Inc
2.01%
16,395
$4,937,846,000 0.42%
Chevron Corp.
1.08%
30,909
$4,875,586,000 0.41%
Oracle Corp.
0.01%
38,115
$4,787,626,000 0.41%
American Tower Corp.
1.00%
23,803
$4,703,235,000 0.40%
Danaher Corp.
3.95%
18,352
$4,582,861,000 0.39%
Chipotle Mexican Grill
0.45%
1,561
$4,537,468,000 0.38%
CVS Health Corp
0.41%
56,798
$4,530,209,000 0.38%
Visa Inc
3.70%
15,843
$4,421,464,000 0.37%
Tjx Cos Inc/the
1.32%
41,713
$4,230,532,000 0.36%
Ww Grainger Inc
1.64%
3,777
$3,842,342,000 0.33%
Adobe Inc
145.42%
7,257
$3,661,882,000 0.31%
Walt Disney Co/the
0.12%
28,391
$3,473,923,000 0.29%
Mondelez International Inc.
0.54%
49,431
$3,460,170,000 0.29%
KLA Corp.
1.61%
4,885
$3,412,514,000 0.29%
Zimmer Hldgs Inc
1.32%
25,083
$3,310,454,000 0.28%
Deere & Co.
1.36%
8,042
$3,303,172,000 0.28%
Norfolk Southern Corp.
0.76%
12,860
$3,277,628,000 0.28%
Ansys Inc.
1.83%
9,228
$3,203,593,000 0.27%
Berkshire Hathaway Inc.
No change
5
$3,172,200,000 0.27%
Comcast Corp
0.01%
71,618
$3,104,640,000 0.26%
Intuitive Surgical Inc
8.70%
7,641
$3,049,447,000 0.26%
Intl Business Mchn
2.33%
14,883
$2,842,058,000 0.24%
Select Sector Spdr
3.68%
59,539
$4,918,054,000 0.42%
S&P Global Inc
1.85%
6,423
$2,732,666,000 0.23%
Eli Lilly & Co
6.33%
3,344
$2,601,498,000 0.22%
Intel Corp.
1.54%
57,951
$2,559,695,000 0.22%
Cisco Systems, Inc.
3.60%
49,661
$2,478,581,000 0.21%
Alliant Energy Corp.
No change
44,522
$2,243,909,000 0.19%
Ecolab, Inc.
3.91%
9,378
$2,165,380,000 0.18%
Cboe Global Markets Inc.
No change
11,675
$2,145,048,000 0.18%
Berkshire Hathaway Inc.
1.58%
5,021
$2,111,431,000 0.18%
EOG Resources, Inc.
0.81%
16,497
$2,108,976,000 0.18%
Marsh & Mclennan
1.10%
9,935
$2,046,412,000 0.17%
Bristol-myrs Squib
6.21%
37,730
$2,046,098,000 0.17%
Honeywell International Inc
0.11%
9,844
$2,020,482,000 0.17%
Blackstone Inc
1.22%
14,920
$1,960,040,000 0.17%
Pfizer Inc.
0.19%
70,091
$1,945,025,000 0.16%
Vanguard Group Inc/the
0.42%
10,885
$1,907,814,000 0.16%
Gen Dynamics Corp
1.17%
6,738
$1,903,418,000 0.16%
Analog Devices Inc.
0.53%
9,428
$1,864,764,000 0.16%
Coca-cola Co/the
18.54%
30,281
$1,852,592,000 0.16%
Becton Dickinson
1.84%
7,464
$1,846,967,000 0.16%
Schlumberger Nv
1.23%
33,274
$1,823,748,000 0.15%
Donaldson Co. Inc.
2.75%
24,260
$1,811,736,000 0.15%
Waste Connections Inc
2.42%
10,272
$1,766,887,000 0.15%
Vulcan Materials Co
0.92%
6,454
$1,761,425,000 0.15%
Qualcomm, Inc.
24.86%
10,137
$1,716,194,000 0.15%
Boeing Co.
3.87%
8,787
$1,695,803,000 0.14%
Truist Financial Corporation
1.46%
42,928
$1,673,333,000 0.14%
Cencora Inc.
0.18%
6,808
$1,654,276,000 0.14%
Transdigm Inc
1.77%
1,333
$1,641,723,000 0.14%
Blackrock Inc.
0.47%
1,899
$1,583,196,000 0.13%
Cdw Corp/de
2.10%
6,170
$1,578,163,000 0.13%
Vanguard Group Inc/the
Opened
25,822
$1,499,483,000 0.13%
Halliburton Co.
0.14%
37,399
$1,474,269,000 0.13%
Automatic Data Processing Inc.
8.79%
5,868
$1,465,474,000 0.12%
CBRE Group Inc
3.34%
15,067
$1,465,115,000 0.12%
Veralto Corp
10.95%
15,723
$1,394,001,000 0.12%
T. Rowe Price Group Inc.
1.04%
11,136
$1,357,701,000 0.12%
Masco Corp.
2.07%
17,105
$1,349,242,000 0.11%
Moodys Corp
2.55%
3,209
$1,261,233,000 0.11%
Charles Schwab Corp/the
3.11%
17,336
$1,254,086,000 0.11%
Bio-Techne Corp
5.38%
17,792
$1,252,379,000 0.11%
Markel Group Inc
2.12%
818
$1,244,570,000 0.11%
Southern Co/the
3.46%
17,228
$1,235,937,000 0.10%
Bath & Body Works Inc
1.10%
23,168
$1,158,863,000 0.10%
Freeport-mcmor C&g
0.60%
24,625
$1,157,868,000 0.10%
NextEra Energy Inc
14.56%
17,973
$1,148,654,000 0.10%
Allstate Corp/the
No change
6,591
$1,140,309,000 0.10%
Paychex Inc.
No change
9,178
$1,127,058,000 0.10%
Emerson Electric Co.
35.75%
9,838
$1,115,826,000 0.09%
Advanced Micro Dev
No change
6,038
$1,089,799,000 0.09%
Abbvie Inc
18.60%
5,847
$1,064,739,000 0.09%
Verizon Commun
1.87%
24,990
$1,048,581,000 0.09%
AT&T Inc.
2.42%
58,722
$1,033,508,000 0.09%
GSK Plc
10.29%
23,475
$1,006,373,000 0.09%
Heico Corp.
6.69%
6,488
$998,762,000 0.08%
DuPont de Nemours Inc
1.98%
12,872
$986,896,000 0.08%
Veeva Systems Inc
3.25%
4,054
$939,271,000 0.08%
Biogen Inc
3.18%
4,148
$894,433,000 0.08%
Union Pacific Corp.
0.86%
3,588
$882,397,000 0.07%
Stryker Corp.
25.72%
2,459
$880,002,000 0.07%
General Electric Co
0.61%
4,980
$874,140,000 0.07%
Costar Group, Inc.
0.34%
8,728
$843,124,000 0.07%
Idexx Laboratories, Inc.
12.01%
1,517
$819,074,000 0.07%
Amer Express Co
0.06%
3,528
$803,290,000 0.07%
Accenture plc
7.43%
2,292
$794,430,000 0.07%
Heartland Express, Inc.
2.26%
64,528
$770,465,000 0.07%
Wells Fargo & Co.
189.47%
12,751
$739,048,000 0.06%
Aon plc.
1.82%
2,158
$720,168,000 0.06%
Philip Morris Intl
2.83%
7,799
$714,544,000 0.06%
Cigna Group/the
3.75%
1,924
$698,778,000 0.06%
Middleby Corp/the
0.05%
4,298
$691,075,000 0.06%
Aflac Inc.
0.64%
8,022
$688,769,000 0.06%
Morgan Stanley
1.80%
7,137
$672,020,000 0.06%
Copart, Inc.
0.08%
11,125
$644,360,000 0.05%
Charles Schwab Investment Management Inc
No change
10,000
$610,500,000 0.05%
Willscot Mobil Mini Hl
1.55%
13,120
$610,080,000 0.05%
Duke Energy Corp.
15.27%
6,039
$584,032,000 0.05%
Cognizant Technolo
0.74%
7,929
$581,116,000 0.05%
Matador Resources Co
No change
8,500
$567,545,000 0.05%
Walmart Inc
196.11%
9,369
$563,733,000 0.05%
Illumina Inc
5.61%
4,071
$559,030,000 0.05%
Roper Industries Inc
No change
979
$549,062,000 0.05%
Conocophillips
0.16%
4,282
$545,013,000 0.05%
PayPal Holdings Inc
1.14%
8,008
$536,456,000 0.05%
Kinsale Capital Group, Inc.
No change
1,022
$536,284,000 0.05%
Ishares Tr
8.68%
12,907
$530,220,000 0.04%
Clorox Co/the
50.04%
3,421
$523,790,000 0.04%
Phillips 66
20.73%
3,116
$508,967,000 0.04%
Carmax Inc
5.22%
5,812
$506,283,000 0.04%
Verisk Analytics Inc
26.16%
2,058
$485,133,000 0.04%
BlackLine Inc
Closed
7,750
$483,910,000
Estee Lauder Cos., Inc.
13.36%
3,106
$478,790,000 0.04%
Edwards Lifesciences Corp
No change
4,846
$463,084,000 0.04%
Eversource Energy
7.99%
7,717
$461,245,000 0.04%
ASML Holding NV
Opened
466
$452,239,000 0.04%
Ishares/usa
No change
4,496
$572,108,000 0.05%
Intuit Inc
10.47%
675
$438,750,000 0.04%
Lowe's Cos Inc
17.74%
1,719
$437,881,000 0.04%
Caterpillar Inc.
72.21%
1,190
$436,052,000 0.04%
El Paso Energy Cap Trst
No change
8,909
$427,276,000 0.04%
Ameriprise Financial Inc
No change
959
$420,464,000 0.04%
Guidewire Software Inc
1.97%
3,492
$407,552,000 0.03%
Pool Corporation
1.95%
1,006
$405,921,000 0.03%
Old Dominion Freight Line, Inc.
92.66%
1,838
$403,091,000 0.03%
Sherwin-williams Co/the
No change
1,138
$395,261,000 0.03%
Yum Brands Inc.
3.51%
2,807
$389,191,000 0.03%
Merck & Co Inc
70.79%
2,941
$388,065,000 0.03%
Fortive Corp
0.64%
4,481
$385,456,000 0.03%
Ishares
11.20%
9,441
$1,226,646,000 0.10%
Suncor Energy, Inc.
0.02%
9,912
$365,852,000 0.03%
Crowdstrike Holdings Inc
48.25%
1,138
$364,831,000 0.03%
RTX Corp
18.42%
3,645
$355,497,000 0.03%
United Rentals, Inc.
No change
490
$353,344,000 0.03%
Eaton Corp Plc
15.45%
1,091
$341,134,000 0.03%
Starbucks Corp.
19.50%
3,658
$334,305,000 0.03%
Constellation Brands Inc
0.08%
1,228
$333,721,000 0.03%
Altria Group Inc.
4.70%
7,646
$333,519,000 0.03%
West Pharmaceutical Services I
Opened
824
$326,065,000 0.03%
Howard Hughes Corporation
No change
4,421
$321,053,000 0.03%
Invesco Etfs/usa
Opened
15,652
$319,770,000 0.03%
Xcel Energy Inc.
No change
5,796
$311,536,000 0.03%
General Mills, Inc.
14.98%
4,405
$308,218,000 0.03%
3M Co.
30.36%
2,731
$289,677,000 0.02%
Lockheed Martin Corp.
No change
634
$288,388,000 0.02%
Bk Of America Corp
5.59%
7,558
$286,599,000 0.02%
Tyler Technologies, Inc.
1.06%
652
$277,107,000 0.02%
SiteOne Landscape Supply Inc
2.94%
1,520
$265,316,000 0.02%
Trimble Inc
No change
4,122
$265,292,000 0.02%
Dimensional Etf Trust
No change
8,145
$260,233,000 0.02%
Target Corp
19.63%
1,414
$250,574,000 0.02%
Dover Corp.
No change
1,350
$239,207,000 0.02%
Hormel Foods Corp.
No change
6,667
$232,612,000 0.02%
Quest Diagnostics, Inc.
3.46%
1,728
$230,014,000 0.02%
Discover Finl Svcs
No change
1,740
$228,096,000 0.02%
Microchip Technology, Inc.
77.21%
2,465
$221,135,000 0.02%
Akamai Technologies Inc
No change
2,014
$219,043,000 0.02%
Kimberly-clark Cp
4.81%
1,635
$211,487,000 0.02%
LKQ Corp
No change
3,938
$210,329,000 0.02%
Zoetis Inc
39.10%
1,238
$209,482,000 0.02%
Rockwell Automation Inc
No change
717
$208,884,000 0.02%
Applied Materials Inc.
39.07%
954
$196,743,000 0.02%
Expedtrs Intl Wash
0.06%
1,598
$194,269,000 0.02%
BP plc
No change
4,935
$185,951,000 0.02%
EBay Inc.
1.42%
3,472
$183,252,000 0.02%
Fedex Corp
No change
632
$183,116,000 0.02%
Uber Technologies Inc
No change
2,358
$181,542,000 0.02%
Hershey Co (the)
8.78%
925
$179,913,000 0.02%
AMGEN Inc.
No change
614
$174,572,000 0.01%
Waste Management, Inc.
No change
800
$170,520,000 0.01%
Diageo
2.25%
1,131
$168,225,000 0.01%
Monolithic Power Systems Inc
No change
245
$165,968,000 0.01%
Quanta Services, Inc.
No change
616
$160,037,000 0.01%
Stericycle Inc.
No change
2,959
$156,087,000 0.01%
Genuine Parts Co.
No change
1,000
$154,930,000 0.01%
Cintas Corporation
No change
220
$151,147,000 0.01%
American Electric Power Company Inc.
Opened
1,748
$150,503,000 0.01%
Unitedhealth Group Inc
Closed
280
$147,412,000
Ge Healthcare Technologies Inc
1.45%
1,605
$145,910,000 0.01%
Novartis AG
0.82%
1,451
$140,355,000 0.01%
Dws Xtrackers Etfs/usa
1.64%
4,436
$137,136,000 0.01%
MidWestOne Financial Group Inc
No change
5,825
$136,538,000 0.01%
SEI Investments Co.
0.77%
1,807
$129,923,000 0.01%
iShares Trust
No change
1,740
$238,876,000 0.02%
MetLife, Inc.
Opened
1,713
$126,951,000 0.01%
American Water Works Co. Inc.
2.76%
1,023
$125,021,000 0.01%
Consolidated Edison, Inc.
No change
1,375
$124,864,000 0.01%
Cincinnati Financial Corp.
No change
1,000
$124,170,000 0.01%
Principal Financial Group Inc
No change
1,402
$121,007,000 0.01%
Medtronic Plc
Opened
1,386
$120,790,000 0.01%
Weyerhaeuser Co.
No change
3,262
$117,138,000 0.01%
WEC Energy Group Inc
3.56%
1,424
$116,939,000 0.01%
Astrazeneca plc
No change
1,699
$115,107,000 0.01%
Citigroup Inc
Opened
1,820
$115,097,000 0.01%
Werner Enterprises, Inc.
14.80%
2,870
$112,274,000 0.01%
Wells Fargo & Company
No change
90
$109,742,000 0.01%
Bk Of Montreal
Opened
1,104
$107,839,000 0.01%
Texas Instruments Inc.
13.97%
616
$107,313,000 0.01%
Oneok Inc.
Opened
1,332
$106,786,000 0.01%
First Trust Advisors Lp
Opened
2,500
$105,575,000 0.01%
Workiva Inc
2.95%
1,220
$103,456,000 0.01%
No transactions found
Showing first 500 out of 236 holdings