Managers / Q4 2024 · view latest →
AMES NATIONAL CORP
CIK 0001132651 · PO BOX 846, AMES, IA, 50010 · 5152326251
Summary
Ames National Corp reported $149M in U.S.-listed holdings across 121 positions for Q4 2024.
Its largest position, Ishares Core S P 500 Index, represents 14.5% of the portfolio.
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 · 62.9% · $93M
- Common Stock · 34.7% · $52M
- Other · 2.2% · $3M
- Closed-End Fund · 0.1% · $122,113
Quarter-over-Quarter Changes full breakdown →
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| iShares Core S&P 500 Index | NEW | +51.3K | 51.3K | +$30M | $30M |
| Vanguard Short-Term Bond | NEW | +137.3K | 137.3K | +$11M | $11M |
| iShares Core US Aggregate Bond | NEW | +105.1K | 105.1K | +$10M | $10M |
| Vanguard Total Bond Market | NEW | +140.6K | 140.6K | +$10M | $10M |
| MSFTMicrosoft | NEW | +18.8K | 18.8K | +$8M | $8M |
| iShares Russell Mid-Cap Index | NEW | +61.8K | 61.8K | +$5M | $5M |
| AAPLApple | NEW | +19.0K | 19.0K | +$5M | $5M |
| Vanguard Short-Term Inflation-Protected Securities | NEW | +88.9K | 88.9K | +$4M | $4M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | iShares Core S&P 500 Index | CORE S&P500 ETF | 20.34% | $30M | 51.3K |
| 2 | Vanguard Short-Term Bond | SHORT TRM BOND | 7.14% | $11M | 137.3K |
| 3 | iShares Core US Aggregate Bond | CORE US AGGBD ET | 6.86% | $10M | 105.1K |
| 4 | Vanguard Total Bond Market | TOTAL BND MRKT | 6.81% | $10M | 140.6K |
| 5 | MSFTMicrosofthistory → | COM | 5.34% | $8M | 18.8K |
| 6 | iShares Russell Mid-Cap Index | RUS MID CAP ETF | 3.68% | $5M | 61.8K |
| 7 | AAPLApplehistory → | COM | 3.21% | $5M | 19.0K |
| 8 | Vanguard Short-Term Inflation-Protected Securities | STRM INFPROIDX | 2.90% | $4M | 88.9K |
| 9 | Vanguard Total International Stock | VG TL INTL STK F | 2.86% | $4M | 72.2K |
| 10 | iShares Russell 2000 Index | RUSSELL 2000 ETF | 2.70% | $4M | 18.2K |
| 11 | GOEPPINGER ENTERPRISES INC | COM | 2.25% | $3M | 1.2K |
| 12 | HDHome Depothistory → | COM | 2.25% | $3M | 8.6K |
| 13 | Technology Select Sector SPDR | TECHNOLOGY | 2.15% | $3M | 13.7K |
| 14 | Vanguard Total Stock Market | TOTAL STK MKT | 1.99% | $3M | 10.2K |
| 15 | iShares Core S&P Mid-Cap | CORE S&P MCP ETF | 1.75% | $3M | 41.7K |
| 16 | JPMJPMorgan Chasehistory → | COM | 1.49% | $2M | 9.3K |
| 17 | PGProcter & Gamblehistory → | COM | 1.40% | $2M | 12.0K |
| 18 | GOOGAlphabet Chistory → | CAP STK CL C | 1.38% | $2M | 10.7K |
| 19 | MCDMcDonald'shistory → | COM | 1.11% | $2M | 5.7K |
| 20 | Vanguard S&P 500 | S&P 500 ETF SHS | 1.05% | $2M | 2.9K |
| 21 | JNJJohnson & Johnsonhistory → | COM | 1.05% | $2M | 10.8K |
| 22 | ADPAutomatic Data Processing | COM | 0.98% | $1M | 5.0K |
| 23 | TRVTravelers Companies | COM | 0.94% | $1M | 5.8K |
| 24 | CHVChevron | COM | 0.87% | $1M | 9.0K |
| 25 | iShares Core S&P Small-Cap | CORE S&P SCP ETF | 0.78% | $1M | 10.0K |
| 26 | BRK/BBerkshire Hathaway B | CL B NEW | 0.72% | $1M | 2.3K |
| 27 | UNPUnion Pacific | COM | 0.62% | $927,439 | 4.1K |
| 28 | UNHUnitedHealth Group | COM | 0.58% | $864,009 | 1.7K |
| 29 | MRKMerck | COM | 0.51% | $763,211 | 7.7K |
| 30 | CSCOCisco Systems | COM | 0.49% | $734,790 | 12.4K |
| 31 | GDGeneral Dynamics | COM | 0.49% | $723,807 | 2.7K |
| 32 | iShares Preferred and Income Securities | PFD AND INCM SEC | 0.40% | $588,242 | 18.7K |
| 33 | AMGNAmes National Corp | COM | 0.39% | $581,770 | 35.4K |
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 ↗ |
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 ↗.