Managers / Q4 2021 · view latest →
Hoese & Co LLP
CIK 0001840268 · 2202 11TH ST E, GLENCOE, MN, 55336 · 320-864-5134
Reported Value
$101M
Q4 2021
Positions
236
Filings on Record
23
2019–present window
Filed
Jan 18, 2022
original filing
Summary
Hoese & Co LLP reported $101M in U.S.-listed holdings across 236 positions for Q4 2021.
Its largest position, Ishares Tr Core S P500 Etf, represents 17.3% of the portfolio.
Compared with Q3 2021, the fund opened 28 new positions and exited 15.
Portfolio Metrics
Turnover
+1.0%
vs prior filed quarter
Top-10 Concentration
+66.9%
share of reported value
Largest Position
+17.3%
Ishares Tr Core S P500 Etf
New / Exited
28 / 15
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. 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
Portfolio Composition
By security type
- ETP · 75.2% · $76M
- Common Stock · 22.1% · $22M
- Other · 2.2% · $2M
- ADR · 0.4% · $361,000
- REIT · 0.1% · $72,000
- Other · 0.1% · $97,000
Quarter-over-Quarter Changes full breakdown →
vs Q3 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NVDANVIDIA CORP COM | NEW | +72 | 72 | +$21,000 | $21,000 |
| AERCAP HOLDINGS NV SHS | NEW | +300 | 300 | +$20,000 | $20,000 |
| HRLHORMEL FOODS CORP COM | NEW | +324 | 324 | +$16,000 | $16,000 |
| FASTFASTENAL CO COM | NEW | +216 | 216 | +$14,000 | $14,000 |
| LLYLILLY ELI & CO COM | NEW | +50 | 50 | +$14,000 | $14,000 |
| SCHWTHE CHARLES SCHWAB CORPORATICOM | NEW | +152 | 152 | +$13,000 | $13,000 |
| CHRWC H ROBINSON WORLDWIDE INC COM NEW | NEW | +124 | 124 | +$13,000 | $13,000 |
| DCIDONALDSON INC COM | NEW | +180 | 180 | +$11,000 | $11,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2021
41 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ISHARES TR CORE S&P500 ETF | STOCK ETFS | 18.09% | $18M | 38.2K |
| 2 | SPDR TR S&P 500 ETF UNIT SER 1 | STOCK ETFS | 10.91% | $11M | 23.1K |
| 3 | VANGUARD MALVERN FDS STRM INFPROIDX | BOND ETFS | 10.34% | $10M | 202.3K |
| 4 | VANGUARD INDEX FDS S&P 500 ETF SHS | STOCK ETFS | 8.33% | $8M | 19.2K |
| 5 | VANGUARD TOTAL STOCK MARKET ETF | STOCK ETFS | 4.31% | $4M | 18.0K |
| 6 | BRK/ABERKSHIRE HATHAWAY INC DEL CL Ahistory → | COMMON STOCK | 3.58% | $4M | 8 |
| 7 | ISHARES TR CORE DIV GRWTH | STOCK ETFS | 3.50% | $4M | 63.3K |
| 8 | VANGUARD SPECIALIZED FUNDS DIV APP ETF | STOCK ETFS | 3.00% | $3M | 17.6K |
| 9 | ISHARES TR MSCI USA MIN VOL | STOCK ETFS | 2.81% | $3M | 34.9K |
| 10 | ISHARES TR MSCI USA QLT FCT | STOCK ETFS | 2.81% | $3M | 19.4K |
| 11 | ISHARES TR RUSSELL1000GRW | STOCK ETFS | 2.33% | $2M | 7.7K |
| 12 | INVESCO EXCHANGE TRADED FD TS&P500 QUALITY | STOCK ETFS | 2.22% | $2M | 42.0K |
| 13 | HONGBPHONEYWELL INTERNATIONALhistory → | COMMON STOCK | 1.41% | $1M | 6.8K |
| 14 | MEDTRONIC PLC ORD | COMMON STOCK | 1.26% | $1M | 12.3K |
| 15 | DEDEERE & CO COMhistory → | COMMON STOCK | 1.23% | $1M | 3.6K |
| 16 | SCHWAB STRATEGIC TR US LCAP GR ETF | STOCK ETFS | 1.19% | $1M | 7.3K |
| 17 | PGPROCTER AND GAMBLE CO COMhistory → | COMMON STOCK | 1.14% | $1M | 7.0K |
| 18 | DISWALT DISNEY CO | COMMON STOCK | 0.97% | $980,000 | 6.3K |
| 19 | ISHARES TR RUS 1000 VAL ETF | STOCK ETFS | 0.96% | $968,000 | 5.8K |
| 20 | AMZNAMAZON COM INC | COMMON STOCK | 0.94% | $950,000 | 285 |
| 21 | GISGENERAL MLS INC COM | COMMON STOCK | 0.91% | $911,000 | 13.5K |
| 22 | VVISA INC COM CL A | COMMON STOCK | 0.85% | $859,000 | 4.0K |
| 23 | PFEPFIZER INC COM | COMMON STOCK | 0.82% | $824,000 | 14.0K |
| 24 | MSFTMICROSOFT CORP COM | COMMON STOCK | 0.74% | $740,000 | 2.2K |
| 25 | ISHARES TR CORE S&P MCP ETF | STOCK ETFS | 0.68% | $686,000 | 2.4K |
| 26 | INVESCO EXCHANGE TRADED FD TFTSE RAFI 1500 | STOCK ETFS | 0.64% | $642,000 | 3.3K |
| 27 | MMM3M COMPANY COM | COMMON STOCK | 0.64% | $640,000 | 3.6K |
| 28 | VANGUARD INTL EQUITY INDEX FALLWRLD EX US | STOCK ETFS | 0.62% | $619,000 | 10.1K |
| 29 | BACBANK OF AMERICA CORPORATION COM | COMMON STOCK | 0.52% | $522,000 | 11.7K |
| 30 | ISHARES TR DJ SEL DIV INX | STOCK ETFS | 0.51% | $517,000 | 4.2K |
| 31 | DDOMINION ENERGY INC COM | COMMON STOCK | 0.51% | $512,000 | 6.5K |
| 32 | ADBEADOBE INC COM | COMMON STOCK | 0.50% | $502,000 | 886 |
| 33 | ACCENTURE PLC IRELAND SHS CLASS A | COMMON STOCK | 0.41% | $415,000 | 1.0K |
| 34 | MDYSPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP | STOCK ETFS | 0.39% | $388,000 | 750 |
| 35 | VUGVANGUARD INDEX FDS GROWTH ETF | STOCK ETFS | 0.32% | $321,000 | 1.0K |
| 36 | HWKNHAWKINS INC COM | COMMON STOCK | 0.31% | $316,000 | 8.0K |
| 37 | AAPLAPPLE INC COM | COMMON STOCK | 0.30% | $299,000 | 1.7K |
| 38 | HDHOME DEPOT INC COM | COMMON STOCK | 0.27% | $276,000 | 665 |
| 39 | PPGPPG INDS INC COM | COMMON STOCK | 0.27% | $273,000 | 1.6K |
| 40 | INVESCO EXCHANGE TRADED FD TS&P500 PUR GWT | STOCK ETFS | 0.27% | $270,000 | 1.3K |
| 41 | VANGUARD INDEX FDS MID CAP ETF | STOCK ETFS | 0.25% | $256,000 | 1.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $135M | 154 | Apr 22, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $140M | 156 | Jan 14, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $131M | 146 | Oct 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $124M | 177 | Jul 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $115M | 177 | Apr 11, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $115M | 190 | Jan 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $119M | 209 | Oct 9, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $115M | 174 | Jul 3, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $110M | 157 | Apr 8, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $102M | 166 | Jan 4, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $98M | 182 | Oct 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $106M | 190 | Jul 12, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | Under review | 190 | Apr 7, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | Under review | 199 | Jan 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $85M | 221 | Oct 7, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $89M | 225 | Jul 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $97M | 228 | Apr 21, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $101M | 236 | Jan 18, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $92M | 224 | Oct 20, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $89M | 231 | Jul 13, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $81M | 126 | May 3, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $54M | 22 | Feb 17, 2021 | RESTATEMENT | 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 ↗.