Managers / Q1 2026
AMES NATIONAL CORP
CIK 0001132651 · PO BOX 846, AMES, IA, 50010 · 5152326251
Summary
Ames National Corp reported $167M in U.S.-listed holdings across 120 positions for Q1 2026.
Its largest position, Ishares Core S P 500 Index, represents 17.3% of the portfolio.
Compared with Q4 2025, the fund opened 4 new positions and exited 3.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ETP · 68.7% · $115M
- Common Stock · 29.2% · $49M
- Other · 2.1% · $3M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| WHWKTravelers Companies | NEW | +4.6K | 4.6K | +$1M | $1M |
| KLACKLA Corporation | NEW | +150 | 150 | +$220,862 | $220,862 |
| SYKStryker | NEW | +665 | 665 | +$218,167 | $218,167 |
| AMGNAmgen | NEW | +595 | 595 | +$209,058 | $209,058 |
| COPConocoPhillips | SOLD OUT | −3.8K | 0 | −$354,501 | $0 |
| DNPDNP Select Income | SOLD OUT | −18.0K | 0 | −$179,820 | $0 |
| COFCapital One Financial Corp | SOLD OUT | −647 | 0 | −$156,807 | $0 |
| TRVTravelers Companies | TRIMMED | −5.3K | 726 | −$2M | $211,760 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | iShares Core S&P 500 Index | CORE S&P500 ETF | 24.92% | $42M | 63.6K |
| 2 | Vanguard Short-Term Bond | SHORT TRM BOND | 7.67% | $13M | 163.1K |
| 3 | Vanguard Total Bond Market | TOTAL BND MRKT | 7.48% | $12M | 169.2K |
| 4 | iShares Core US Aggregate Bond | CORE US AGGBD ET | 7.38% | $12M | 123.8K |
| 5 | Vanguard Total International Stock | VG TL INTL STK F | 3.62% | $6M | 78.2K |
| 6 | MSFTMicrosofthistory → | COM | 3.52% | $6M | 15.9K |
| 7 | iShares Russell Mid-Cap Index | RUS MID CAP ETF | 3.17% | $5M | 54.3K |
| 8 | Vanguard Short-Term Inflation-Protected Securities | STRM INFPROIDX | 2.88% | $5M | 96.2K |
| 9 | AAPLApplehistory → | COM | 2.69% | $4M | 17.7K |
| 10 | iShares Russell 2000 Index | RUSSELL 2000 ETF | 2.37% | $4M | 15.9K |
| 11 | iShares Core S&P Mid-Cap | CORE S&P MCP ETF | 2.34% | $4M | 57.8K |
| 12 | Goeppinger Enterprises Inc | COM | 2.05% | $3M | 1.2K |
| 13 | State Street Technology Select Sector SPDR | STATE STREET TEC | 1.95% | $3M | 24.5K |
| 14 | Vanguard Total Stock Market | TOTAL STK MKT | 1.94% | $3M | 10.1K |
| 15 | GOOGAlphabet Chistory → | CAP STK CL C | 1.64% | $3M | 9.5K |
| 16 | iShares Core S&P Small-Cap | CORE S&P SCP ETF | 1.58% | $3M | 21.1K |
| 17 | HDHome Depothistory → | COM | 1.55% | $3M | 7.9K |
| 18 | JPMJPMorgan Chasehistory → | COM | 1.30% | $2M | 7.4K |
| 19 | JNJJohnson & Johnsonhistory → | COM | 1.29% | $2M | 8.8K |
| 20 | CHVChevronhistory → | COM | 1.06% | $2M | 8.5K |
| 21 | BRK/BBerkshire Hathaway Bhistory → | CL B NEW | 1.04% | $2M | 3.7K |
| 22 | EXMOCExxon Mobil | COM | 0.89% | $1M | 8.8K |
| 23 | MCDMcDonald's | COM | 0.83% | $1M | 4.5K |
| 24 | WHWKTravelers Companies | COM | 0.80% | $1M | 4.6K |
| 25 | ATLOAmes National | COM | 0.67% | $1M | 39.5K |
| 26 | ADPAutomatic Data Processing | COM | 0.56% | $935,034 | 4.6K |
| 27 | UNPUnion Pacific | COM | 0.55% | $924,298 | 3.8K |
| 28 | CASYCasey's General Stores | COM | 0.52% | $873,432 | 1.2K |
| 29 | CSCOCisco Systems | COM | 0.48% | $807,670 | 10.4K |
| 30 | PGProcter & Gamble | COM | 0.47% | $790,231 | 5.5K |
| 31 | MRKMerck | COM | 0.46% | $758,529 | 6.3K |
| 32 | GOOGLAlphabet A | CAP STK CL A | 0.45% | $747,081 | 2.6K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $167M | 120 | May 12, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $171M | 124 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $168M | 128 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $155M | 123 | Aug 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $149M | 115 | May 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $149M | 121 | Feb 18, 2025 | 13F-HR | changes · EDGAR ↗ |
Other Included Managers
This filing reports holdings on behalf of 1 additional manager.
- First National Bank, Ames, Iowa028-25528
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.