Managers / Q1 2026
Midwest Heritage Bank, FSB
CIK 0001906805 · 3580 EP TRUE PARKWAY, WEST DES MOINES, IA, 50265 · 5152468378
Summary
Midwest Heritage Bank, Fsb reported $312M in U.S.-listed holdings across 51 positions for Q1 2026.
Its largest position, DFAC, represents 15.9% of the portfolio.
Compared with Q4 2025, the fund opened 3 new positions and exited 11.
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 · 98.7% · $308M
- Common Stock · 1.3% · $4M
- Closed-End Fund · 0.1% · $171,990
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CAPITAL GROUP EQUITY ETF TR | NEW | +78.5K | 78.5K | +$2M | $2M |
| PG4PRINCIPAL FINANCIAL GROUP IN | NEW | +3.2K | 3.2K | +$284,319 | $284,319 |
| ISHARES TR | NEW | +2.0K | 2.0K | +$201,421 | $201,421 |
| DFCFDIMENSIONAL ETF TRUST | SOLD OUT | −11.0K | 0 | −$467,710 | $0 |
| FIRST TR EXCHANGE-TRADED FD | SOLD OUT | −10.0K | 0 | −$460,879 | $0 |
| ISHARES TR | SOLD OUT | −7.5K | 0 | −$350,602 | $0 |
| SCHWAB STRATEGIC TR | SOLD OUT | −14.3K | 0 | −$335,073 | $0 |
| ISHARES TR | SOLD OUT | −2.5K | 0 | −$241,055 | $0 |
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 | DFACDIMENSIONAL ETF TRUSThistory → | US CORE EQUITY 2 · US HIGH PROFITAB · GLOBAL CORE PLUS · INTL CORE EQT MK · US SMALL CAP ETF · EMGR CRE EQT MNG · INTL HIGH PROFIT · WORLD EX US CORE | 41.11% | $128M | 3.07M |
| 2 | CGUSUSDCAPITAL GROUP CORE EQUITY EThistory → | SHS CREATION UNI | 12.98% | $40M | 1.05M |
| 3 | CAPITAL GRP FIXED INCM ETF T | CORE PLUS INCM · MUNICIPAL HIGH I · MUNICIPAL INCOME · US MULTI-SECTOR · CORE BOND ETF | 10.08% | $31M | 1.39M |
| 4 | CGDVUSDCAPITAL GROUP DIVIDEND VALUEhistory → | SHS CREATION UNI | 9.68% | $30M | 709.5K |
| 5 | ACWIISHARES TRhistory → | 1 3 YR TREAS BD · 20 YR TR BD ETF · MSCI ACWI ETF · MSCI USA QLT FCT · CORE S&P500 ETF · ESG AWR MSCI USA · EAFE VALUE ETF · EAFE GRWTH ETF · S&P 500 GRWT ETF · U.S. TECH ETF · 0-3 MNTH TREASRY | 6.73% | $21M | 205.5K |
| 6 | CGGRUSDCAPITAL GROUP GROWTH ETFhistory → | SHS CREATION UNI | 4.33% | $13M | 335.7K |
| 7 | AMERICAN CENTY ETF TR | US SML CP VALU · US LARGE CAP VLU · US EQT ETF | 3.64% | $11M | 113.7K |
| 8 | FIRST TR EXCH TRADED FD III | PFD SECS INC ETF | 2.71% | $8M | 475.1K |
| 9 | SPDR SERIES TRUST | STATE STREET SPD | 2.18% | $7M | 93.3K |
| 10 | CGCVCAPITAL GROUP CONSERVATIVE Ehistory → | SHS | 2.12% | $7M | 221.7K |
| 11 | FIRST TR EXCHANGE-TRADED ALP | COM SHS | 1.37% | $4M | 46.3K |
| 12 | CAPITAL GROUP EQUITY ETF TR | US LARGE GROWT | 0.64% | $2M | 78.5K |
| 13 | VANGUARD INDEX FDS | S&P 500 ETF SHS | 0.50% | $2M | 2.6K |
| 14 | JOHN HANCOCK EXCHANGE TRADED | MULTIFACTR SML | 0.33% | $1M | 24.3K |
| 15 | BRK/ABERKSHIRE HATHAWAY INC DEL | CL A · CL B NEW | 0.31% | $965,407 | 517 |
| 16 | EXMOCEXXON MOBIL CORP | COM | 0.22% | $673,081 | 4.0K |
| 17 | CHVCHEVRON CORPORATION | COM | 0.17% | $532,425 | 2.6K |
| 18 | FIDELITY COVINGTON TRUST | MSCI INFO TECH I | 0.16% | $512,217 | 2.5K |
| 19 | CASYCASEYS GEN STORES INC | COM | 0.12% | $371,605 | 511 |
| 20 | AMZNAMAZON COM INC | COM | 0.12% | $369,679 | 1.8K |
| 21 | MOALTRIA GROUP INC | COM | 0.10% | $325,516 | 4.9K |
| 22 | AAPLAPPLE INC | COM | 0.09% | $285,561 | 1.1K |
| 23 | PG4PRINCIPAL FINANCIAL GROUP IN | COM | 0.09% | $284,319 | 3.2K |
| 24 | BLACKROCK ETF TRUST | ISHARES US EQUIT | 0.09% | $276,064 | 4.7K |
| 25 | NXPNUVEEN SELECT TAX-FREE INCOM | SH BEN INT | 0.06% | $171,990 | 12.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $312M | 51 | Apr 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $290M | 59 | Feb 4, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $282M | 59 | Oct 27, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $266M | 58 | Jul 16, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $243M | 59 | May 2, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $216M | 54 | Feb 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $214M | 58 | Oct 18, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $198M | 55 | Jul 17, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $190M | 54 | Apr 24, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $147M | 54 | Jan 23, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $133M | 54 | Oct 27, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $132M | 52 | Jul 26, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $124M | 53 | Apr 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $103M | 62 | Jan 20, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $96M | 65 | Oct 24, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $111M | 66 | Jul 13, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $128M | 65 | Apr 28, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $103M | 55 | Jan 28, 2022 | 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 ↗.