SEC 13F Intelligence

Managers / Q1 2026

AMES NATIONAL CORP

CIK 0001132651 · PO BOX 846, AMES, IA, 50010 · 5152326251

Reported Value
$167M
Q1 2026
Positions
120
Filings on Record
6
2019–present window
Filed
May 12, 2026
original filing

Summary

Ames National Corp reported $167M in U.S.-listed holdings across 120 positions for Q1 2026.

The portfolio is heavily concentrated: IVV alone accounts for 24.9% of reported value.

Compared with Q4 2025, the fund opened 4 new positions and exited 3.

Portfolio Metrics

Turnover
+4.5%
vs prior filed quarter
Top-10 Concentration
+65.7%
share of reported value
Largest Position
+24.9%
Ishares Core S P 500 Index
New / Exited
4 / 3
positions this quarter

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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’24: $149MQ4 ’24Q1 ’25: $149MQ1 ’25Q2 ’25: $155MQ2 ’25Q3 ’25: $168MQ3 ’25Q4 ’25: $171MQ4 ’25Q1 ’26: $167MQ1 ’26filingsflow.com

Portfolio Composition

By security type
ETP: 68.7%Common Stock: 29.2%Other: 2.1%
  • ETP · 68.7% · $115M
  • Common Stock · 29.2% · $49M
  • Other · 2.1% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WHWKTravelers CompaniesNEW+4.6K4.6K+$1M$1M
KLACKLA CorporationNEW+150150+$220,862$220,862
SYKStrykerNEW+665665+$218,167$218,167
AMGNAmgenNEW+595595+$209,058$209,058
COPConocoPhillipsSOLD OUT−3.8K0−$354,501$0
DNPDNP Select IncomeSOLD OUT−18.0K0−$179,820$0
COFCapital One Financial CorpSOLD OUT−6470−$156,807$0
TRVTravelers CompaniesTRIMMED−5.3K726−$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

66 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IVViShares Core S&P 500 Indexhistory →CORE S&P500 ETF24.92%$42M63.6K
2BSVVanguard Short-Term Bondhistory →SHORT TRM BOND7.67%$13M163.1K
3BNDVanguard Total Bond Markethistory →TOTAL BND MRKT7.48%$12M169.2K
4AGGiShares Core US Aggregate Bondhistory →CORE US AGGBD ET7.38%$12M123.8K
5VXUSVanguard Total International Stockhistory →VG TL INTL STK F3.62%$6M78.2K
6MSFTMicrosofthistory →COM3.52%$6M15.9K
7IWRiShares Russell Mid-Cap Indexhistory →RUS MID CAP ETF3.17%$5M54.3K
8VTIPVanguard Short-Term Inflation-Protected Securitieshistory →STRM INFPROIDX2.88%$5M96.2K
9AAPLApplehistory →COM2.69%$4M17.7K
10IWMiShares Russell 2000 Indexhistory →RUSSELL 2000 ETF2.37%$4M15.9K
11IJHiShares Core S&P Mid-Caphistory →CORE S&P MCP ETF2.34%$4M57.8K
12Goeppinger Enterprises IncCOM2.05%$3M1.2K
13VTIVanguard Total Stock Markethistory →TOTAL STK MKT1.96%$3M10.2K
14XLKState Street Technology Select Sector SPDRhistory →STATE STREET TEC1.95%$3M24.5K
15GOOGAlphabet Chistory →CAP STK CL C1.64%$3M9.5K
16JNJJohnson & Johnsonhistory →COM1.63%$3M11.1K
17IJRiShares Core S&P Small-Caphistory →CORE S&P SCP ETF1.58%$3M21.1K
18HDHome Depothistory →COM1.55%$3M7.9K
19BRK/BBerkshire Hathaway Bhistory →CL B NEW1.34%$2M4.7K
20JPMJPMorgan Chasehistory →COM1.30%$2M7.4K
21CVXChevronhistory →COM1.06%$2M8.5K
22WHWKTravelers CompaniesCOM0.93%$2M5.3K
23EXMOCExxon MobilCOM0.89%$1M8.8K
24MCDMcDonald'sCOM0.83%$1M4.5K
25ATLOAmes NationalCOM0.79%$1M46.6K
26PGProcter & GambleCOM0.76%$1M8.8K
27ADPAutomatic Data ProcessingCOM0.69%$1M5.7K
28WMTWal-MartCOM0.59%$990,8858.0K
29UNPUnion PacificCOM0.59%$982,5274.1K
30CSCOCisco SystemsCOM0.59%$978,29012.6K
31MRKMerckCOM0.57%$944,0167.9K
32CASYCasey's General StoresCOM0.52%$873,4321.2K
33GOOGLAlphabet ACAP STK CL A0.49%$819,7812.9K
34VOOVanguard S&P 500S&P 500 ETF SHS0.41%$685,3311.1K
35VVisaCOM CL A0.38%$627,8082.1K
36GDGeneral DynamicsCOM0.36%$604,7541.8K
37VYMVanguard High Dividend YieldHIGH DIV YLD0.35%$585,7364.0K
38BLKBlackRockCOM0.33%$542,405564
39SPYState Street SPDR S&P 500TR UNIT0.32%$538,482828
40PPGPPG IndustriesCOM0.29%$488,4424.6K
41PEPPepsiCoCOM0.28%$468,9753.0K
42BXBlackstoneCOM0.27%$448,4613.9K
43PFEPfizerCOM0.27%$446,91415.9K
44QCOMQualcommCOM0.26%$439,6553.4K
45RTXRTX CorporationCOM0.26%$429,7812.2K
46UNHUnitedHealth GroupCOM0.25%$410,2151.5K
47TAT&TCOM0.24%$407,02214.0K
48AFLAflacCOM0.24%$404,8303.7K
49DEDeere & CoCOM0.22%$373,579663
50APDAir Products & ChemicalsCOM0.22%$373,2801.3K
51NSCNorfolk Southern CorpCOM0.22%$368,2251.3K
52VZVerizon CommunicationsCOM0.22%$359,6107.2K
53KOCoca-ColaCOM0.21%$349,6024.6K
54SYYSyscoCOM0.20%$337,0344.7K
55ABBVAbbvie IncCOM0.19%$311,2211.5K
56LNTAlliant EnergyCOM0.18%$299,8984.2K
57NKENikeCL B0.17%$290,3525.5K
58PFFiShares Preferred and Income SecuritiesPFD AND INCM SEC0.17%$285,0089.4K
59CATCaterpillarCOM0.16%$271,340383
60DISWalt DisneyCOM0.15%$243,2632.5K
61ABTAbbott LaboratoriesCOM0.14%$239,7642.3K
62VEAVanguard FTSE Developed MarketsVAN FTSE DEV MKT0.14%$233,8283.6K
63WFCWells Fargo & CoCOM0.14%$231,5703.0K
64KLACKLA CorporationCOM NEW0.13%$220,862150
65SYKStrykerCOM0.13%$218,167665
66AMGNAmgenCOM0.13%$209,058595

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$167M120May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$171M124Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$168M128Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$155M123Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$149M115May 6, 202513F-HRchanges · EDGAR ↗
Q4 2024$149M121Feb 18, 202513F-HRchanges · 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 ↗.