Hills Bank & Trust Co
CIK 1309148 · View on SEC EDGAR ↗
- Portfolio value
- $458.9M
- Positions
- 383
- As of
- June 30, 2026
#4,003 of 9,443 by 13F value · top 42.4%
Portfolio value QoQ: +58.2% 13F does not disclose cash
- Top 10 holdings weight
- 38.92%
- Top 25 holdings weight
- 56.85%
- Positions above 1%
- 19
- Effective number of positions
- 47.0
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 6.76% Est. buys $183,316,969 · sells $25,312,925
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 87.4% still held
- New positions
- 45
- Increased
- 123
- Decreased
- 90
- Closed
- 17
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Sector breakdown
Industrials
5.1%
Technology
4.4%
Healthcare
2.7%
Utilities
2.4%
Financial Services
2.1%
Financials
1.6%
Communication Services
1.2%
Retail
0.9%
Consumer products
0.8%
Consumer Discretionary
0.7%
Materials
0.6%
Real Estate
0.5%
Energy
0.5%
Communications
0.3%
Consumer Staples
0.2%
Telecommunication
0.1%
Logistics & Transportation
0.1%
Other/Unmapped
75.6%
Full portfolio 383 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| BSCQ Invesco BulletShares 2026 Corporate Bond ETF | $29,283,012 | 6.38% | 1,499,770 | $29,254,830 | Up ×1 | ||
| BSCR Invesco BulletShares 2027 Corporate Bond ETF | $27,266,304 | 5.94% | 1,390,074 | $27,241,282 | Up ×1 | ||
| BSCS Invesco BulletShares 2028 Corporate Bond ETF | $25,465,112 | 5.55% | 1,250,435 | $25,440,155 | Up ×1 | ||
| BSCT Invesco BulletShares 2029 Corporate Bond ETF | $19,441,433 | 4.24% | 1,046,645 | $19,416,540 | Up ×1 | ||
| BSCU Invesco BulletShares 2030 Corporate Bond ETF | $17,435,640 | 3.80% | 1,047,500 | $17,410,745 | Up ×1 | ||
| BSMT Invesco BulletShares 2029 Municipal Bond ETF | $15,313,752 | 3.34% | 664,948 | $134,644 | Up ×3 | ||
| IBMP | $12,924,240 | 2.82% | 508,428 | $1,642,668 | Up ×6 | ||
| IBMQ | $11,884,570 | 2.59% | 464,604 | $1,726,055 | Up ×6 | ||
| BSCV Invesco BulletShares 2031 Corporate Bond ETF | $9,877,797 | 2.15% | 602,856 | $9,849,864 | Up ×1 | ||
| IBMO | $9,695,394 | 2.11% | 378,134 | $-304,996 | Down ×2 | ||
| BSMU Invesco BulletShares 2030 Municipal Bond ETF | $8,880,609 | 1.94% | 405,165 | $-1,172,729 | Down ×1 | ||
| IBDW | $8,441,680 | 1.84% | 405,071 | $7,087,676 | Up ×1 | ||
| BSMV Invesco BulletShares 2031 Municipal Bond ETF | $7,561,378 | 1.65% | 360,323 | $-2,453,712 | Down ×1 | ||
| VOO | $6,986,918 | 1.52% | 10,173 | $955,846 | Up ×1 | ||
| SPY SPY | $5,719,511 | 1.25% | 7,659 | $738,557 | |||
| LNT Alliant Energy Corporation - Common Stock | $5,438,027 | 1.19% | 71,281 | $291,615 | Down ×2 | ||
| VTI | $5,294,532 | 1.15% | 14,308 | $958,464 | Up ×2 | ||
| BND Vanguard Total Bond Market ETF | $5,262,176 | 1.15% | 71,682 | $191,399 | Up ×2 | ||
| FAST Fastenal Company - Common Stock | $4,603,339 | 1.00% | 95,843 | $213,203 | Up ×1 | ||
| BSMS Invesco BulletShares 2028 Municipal Bond ETF | $4,448,420 | 0.97% | 189,779 | $-1,327,621 | Down ×1 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $4,289,426 | 0.93% | 12,140 | $1,073,725 | Up ×1 | ||
| BSMR Invesco BulletShares 2027 Municipal Bond ETF | $4,224,657 | 0.92% | 178,708 | $-1,225,579 | Down ×1 | ||
| XLK XLK | $3,748,290 | 0.82% | 19,674 | $1,920,516 | Up ×2 | ||
| BSCW Invesco BulletShares 2032 Corporate Bond ETF | $3,721,191 | 0.81% | 181,433 | Up ×1 | |||
| PG Procter & Gamble Company (The) Common Stock | $3,677,585 | 0.80% | 25,079 | $111,506 | Up ×1 | ||
| RSPT | $3,618,321 | 0.79% | 56,098 | $933,090 | Down ×1 | ||
| BSMW Invesco BulletShares 2032 Municipal Bond ETF | $3,610,205 | 0.79% | 143,604 | $737,503 | Up ×3 | ||
| BSSX Invesco BulletShares 2033 Municipal Bond ETF | $3,457,818 | 0.75% | 133,998 | $782,241 | Up ×3 | ||
| GWW W.W. Grainger, Inc. Common Stock | $3,376,513 | 0.74% | 2,482 | $611,310 | Down ×6 | ||
| V Visa Inc. | $3,376,006 | 0.74% | 9,840 | $372,949 | Down ×2 | ||
| IBDV | $3,375,752 | 0.74% | 154,851 | $2,808,801 | Up ×1 | ||
| BSMY Invesco BulletShares 2034 Municipal Bond ETF | $3,304,778 | 0.72% | 134,061 | $632,490 | Up ×3 | ||
| BSMQ Invesco BulletShares 2026 Municipal Bond ETF | $3,226,678 | 0.70% | 137,043 | $-757,088 | Down ×2 | ||
| CATX | $2,974,202 | 0.65% | 872,200 | $-662,872 | |||
| AMZN Amazon.com, Inc. - Common Stock | $2,962,566 | 0.65% | 12,430 | $442,082 | Up ×1 | ||
| IBMT | $2,894,528 | 0.63% | 112,191 | $1,742,521 | Up ×3 | ||
| ADI Analog Devices, Inc. - Common Stock | $2,894,178 | 0.63% | 7,287 | $554,576 | Down ×5 | ||
| IBDU | $2,841,454 | 0.62% | 122,688 | $2,505,812 | Up ×1 | ||
| RSPN | $2,840,483 | 0.62% | 44,386 | $502,908 | Up ×2 | ||
| MSFT Microsoft Corporation - Common Stock | $2,635,013 | 0.57% | 7,064 | $371,794 | Up ×3 | ||
| VXF | $2,626,568 | 0.57% | 10,668 | $445,294 | Up ×1 | ||
| VXUS Vanguard Total International Stock ETF | $2,577,267 | 0.56% | 30,147 | $284,170 | Up ×3 | ||
| IBDS | $2,494,127 | 0.54% | 102,978 | $1,247,294 | Up ×1 | ||
| CBOE | $2,458,732 | 0.54% | 10,132 | $-389,069 | |||
| VGSH Vanguard Short-Term Treasury ETF | $2,452,199 | 0.53% | 42,134 | $63,240 | Up ×2 | ||
| IBDX | $2,337,179 | 0.51% | 92,782 | $2,070,909 | Up ×1 | ||
| ASML ASML Holding N.V. - New York Registry Shares | $2,260,004 | 0.49% | 1,136 | $745,012 | Down ×1 | ||
| REET | $2,216,174 | 0.48% | 80,238 | $81,517 | Down ×4 | ||
| VCRM | $2,086,255 | 0.45% | 27,307 | Up ×1 | |||
| IBDT | $2,081,711 | 0.45% | 82,444 | $1,654,191 | Up ×2 | ||
| ONEQ Fidelity Nasdaq Composite Index ETF | $1,969,334 | 0.43% | 19,079 | $349,336 | |||
| TSLA Tesla, Inc. - Common Stock | $1,915,412 | 0.42% | 4,554 | $527,297 | Up ×4 | ||
| IBMR | $1,831,127 | 0.40% | 72,120 | $450,870 | Up ×2 | ||
| IBMS | $1,735,567 | 0.38% | 67,088 | $1,358,397 | Up ×2 | ||
| COR Cencora, Inc. Common Stock | $1,689,108 | 0.37% | 5,969 | $-409,033 | Down ×3 | ||
| DHR Danaher Corporation Common Stock | $1,604,223 | 0.35% | 8,422 | $-2,258 | Down ×2 | ||
| MA Mastercard Incorporated Common Stock | $1,591,646 | 0.35% | 3,099 | $26,711 | Down ×2 | ||
| IBDR | $1,563,901 | 0.34% | 64,544 | $-1,930 | Down ×1 | ||
| SPDW | $1,563,299 | 0.34% | 31,024 | $1,378,188 | Up ×1 | ||
| MU Micron Technology, Inc. - Common Stock | $1,549,057 | 0.34% | 1,342 | $1,202,433 | Up ×2 | ||
| NEE NextEra Energy, Inc. Common Stock | $1,525,618 | 0.33% | 17,382 | $-243,560 | Down ×2 | ||
| ISRG Intuitive Surgical, Inc. - Common Stock | $1,518,342 | 0.33% | 3,818 | $-185,477 | Up ×2 | ||
| MDY | $1,512,181 | 0.33% | 2,150 | $423,600 | Up ×1 | ||
| BRKA | $1,497,700 | 0.33% | 2 | $61,420 | |||
| RTX RTX Corporation Common Stock | $1,474,771 | 0.32% | 7,773 | $-11,331 | Up ×1 | ||
| HEIA | $1,414,636 | 0.31% | 5,485 | $249,208 | Down ×2 | ||
| ALL Allstate Corporation (The) Common Stock | $1,401,467 | 0.31% | 5,890 | $180,234 | |||
| SPGI S&P Global Inc. Common Stock | $1,400,567 | 0.31% | 3,439 | $-73,661 | Down ×1 | ||
| VMC Vulcan Materials Company (Holding Company) Common Stock | $1,371,206 | 0.30% | 4,648 | $51,096 | Down ×2 | ||
| TDG Transdigm Group Incorporated Common Stock | $1,337,368 | 0.29% | 1,004 | $166,818 | Down ×1 | ||
| BX Blackstone Inc. Common Stock | $1,297,547 | 0.28% | 11,027 | $-121,890 | Down ×3 | ||
| XLF XLF | $1,287,283 | 0.28% | 24,012 | $371,321 | Up ×1 | ||
| FCX Freeport-McMoRan, Inc. Common Stock | $1,286,478 | 0.28% | 20,456 | $65,853 | Down ×5 | ||
| RSPD | $1,266,979 | 0.28% | 22,623 | $-632,855 | Down ×1 | ||
| AAPL Apple Inc. - Common Stock | $1,261,031 | 0.27% | 4,358 | $455,755 | Up ×4 | ||
| RSPG | $1,240,076 | 0.27% | 12,659 | $24,193 | Up ×2 | ||
| QQQ Invesco QQQ Trust, Series 1 | $1,230,524 | 0.27% | 1,671 | $524,633 | Up ×1 | ||
| EFA | $1,212,280 | 0.26% | 11,670 | $78,773 | |||
| CBRE CBRE Group Inc Common Stock Class A | $1,211,941 | 0.26% | 8,998 | $-21,016 | Down ×2 | ||
| XLY XLY | $1,206,928 | 0.26% | 10,291 | $360,807 | Up ×1 | ||
| SO Southern Company (The) Common Stock | $1,176,946 | 0.26% | 12,297 | $-44,901 | Down ×2 | ||
| ADP Automatic Data Processing, Inc. - Common Stock | $1,158,493 | 0.25% | 5,173 | $97,284 | Down ×6 | ||
| ECL Ecolab Inc. Common Stock | $1,124,470 | 0.25% | 4,036 | $1,866 | Down ×2 | ||
| RSPF | $1,085,467 | 0.24% | 13,997 | $-120,881 | Down ×1 | ||
| CDNS Cadence Design Systems, Inc. - Common Stock | $1,075,667 | 0.23% | 2,866 | $271,789 | Down ×1 | ||
| IGV | $1,066,996 | 0.23% | 11,777 | $189,888 | Up ×1 | ||
| WCN Waste Connections, Inc. Common Shares | $1,031,144 | 0.22% | 6,186 | $18,493 | Down ×1 | ||
| BSMZ Invesco BulletShares 2035 Municipal Bond ETF | $991,899 | 0.22% | 38,693 | Up ×1 | |||
| DSI | $980,355 | 0.21% | 6,885 | $139,539 | Down ×1 | ||
| GE GE Aerospace Common Stock | $958,617 | 0.21% | 2,565 | $230,747 | |||
| AFL AFLAC Incorporated Common Stock | $956,291 | 0.21% | 8,156 | $50,745 | Down ×1 | ||
| BRKB | $930,725 | 0.20% | 1,860 | $-18,091 | Down ×1 | ||
| GSK GSK plc American Depositary Shares (Each representing two Ordinary Shares) | $917,140 | 0.20% | 17,496 | $-194,331 | Down ×3 | ||
| SUSA | $916,388 | 0.20% | 5,939 | $131,846 | |||
| IEFA | $911,812 | 0.20% | 9,441 | $734,011 | Up ×2 | ||
| XLI XLI | $907,997 | 0.20% | 4,902 | $327,710 | Up ×1 | ||
| SCHB | $868,800 | 0.19% | 30,000 | $115,800 | |||
| RSPS | $861,745 | 0.19% | 28,744 | $104,893 | Up ×2 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $840,055 | 0.18% | 4,546 | $254,621 | |||
| GOOGL Alphabet Inc. - Class A Common Stock | $836,246 | 0.18% | 2,340 | $163,356 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| BSMT | $15,313,752 | 3.34% | up ×3 |
| IBMP | $12,924,240 | 2.82% | up ×6 |
| IBMQ | $11,884,570 | 2.59% | up ×6 |
| BSMW | $3,610,205 | 0.79% | up ×3 |
| BSSX | $3,457,818 | 0.75% | up ×3 |
| BSMY | $3,304,778 | 0.72% | up ×3 |
| IBMT | $2,894,528 | 0.63% | up ×3 |
| MSFT | $2,635,013 | 0.57% | up ×3 |
| VXUS | $2,577,267 | 0.56% | up ×3 |
| TSLA | $1,915,412 | 0.42% | up ×4 |
| AAPL | $1,261,031 | 0.27% | up ×4 |
| BAC | $785,013 | 0.17% | up ×4 |
| UBER | $495,595 | 0.11% | up ×3 |
| EAGG | $413,320 | 0.09% | up ×6 |
| IBTH | $278,417 | 0.06% | up ×6 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| BSCW | $3,721,191 | 181,433 | 0.81% |
| VCRM | $2,086,255 | 27,307 | 0.45% |
| BSMZ | $991,899 | 38,693 | 0.22% |
| SPEM | $826,305 | 15,958 | 0.18% |
| Unknown issuer (CUSIP: 46438G216) | $603,096 | 23,716 | 0.13% |
| AVDE | $569,453 | 6,384 | 0.12% |
| APH | $533,192 | 3,024 | 0.12% |
| Unknown issuer (CUSIP: 46438G190) | $529,240 | 20,820 | 0.12% |
| TSM | $511,477 | 1,071 | 0.11% |
| VHT | $370,473 | 1,239 | 0.08% |
| VFH | $261,884 | 1,990 | 0.06% |
| VOX | $257,162 | 1,398 | 0.06% |
| SCHV | $246,107 | 7,070 | 0.05% |
| IGF | $244,755 | 3,675 | 0.05% |
| DMXF | $241,871 | 2,859 | 0.05% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| BSMV | Trimmed | -119K | -$2.5M |
| XLK | Bought more | +6K | +$1.9M |
| IBMT | Bought more | +67K | +$1.7M |
| IBMQ | Bought more | +67K | +$1.7M |
| IBDT | Bought more | +66K | +$1.7M |
| IBMP | Bought more | +65K | +$1.6M |
| IBMS | Bought more | +52K | +$1.4M |
| BSMS | Trimmed | -57K | -$1.3M |
| IBDS | Bought more | +52K | +$1.2M |
| BSMR | Trimmed | -52K | -$1.2M |
14 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| IBTF | Dec. 31, 2025 | 1,013,478 | $23,679,915 | No longer tracked |
| IBMN | Dec. 31, 2025 | 290,491 | $7,782,254 | No longer tracked |
| BSMP | Dec. 31, 2025 | 93,070 | $2,282,542 | No longer tracked |
| ANSS | Sept. 30, 2025 | 6,296 | $2,211,281 | No longer tracked |
| IBDQ | Dec. 31, 2025 | 84,699 | $2,133,568 | No longer tracked |
| BSCP | Dec. 31, 2025 | 48,617 | $1,005,886 | No longer tracked |
| BBWI | Dec. 31, 2025 | 31,866 | $820,868 | -3.1% |
| CDW | Dec. 31, 2025 | 3,587 | $571,337 | -2.4% |
| MCHP | March 31, 2025 | 9,723 | $557,614 | 57.7% |
| DD | June 30, 2026 | 10,010 | $458,458 | 3.3% |
| EPPRC | March 31, 2025 | 8,909 | $427,632 | No longer tracked |
| ODFL | Sept. 30, 2025 | 2,382 | $386,599 | 47.6% |
| ZTS | June 30, 2025 | 2,328 | $383,305 | -50.9% |
| FEDM | June 30, 2026 | 5,971 | $349,124 | No longer tracked |
| TEAM | Dec. 31, 2025 | 1,911 | $305,187 | 5.0% |
| WSC | March 31, 2025 | 8,531 | $285,362 | -20.3% |
| DFS | June 30, 2025 | 1,627 | $277,729 | No longer tracked |
| WST | March 31, 2026 | 835 | $229,742 | 40.7% |
| CRWD | March 31, 2025 | 616 | $210,771 | -46.9% |
| ENB | March 31, 2026 | 4,264 | $203,947 | -5.4% |
| SITE | March 31, 2025 | 1,494 | $196,864 | -21.1% |
| BAH | Dec. 31, 2025 | 1,848 | $184,708 | -9.0% |
| MANH | June 30, 2026 | 1,333 | $177,449 | 49.0% |
| CNH | June 30, 2026 | 14,040 | $154,440 | -2.0% |
| MOFG | March 31, 2026 | 3,925 | $151,113 | No longer tracked |
| GQRE | March 31, 2026 | 2,554 | $150,328 | No longer tracked |
| UNH | June 30, 2025 | 278 | $145,603 | 24.2% |
| SNPS | June 30, 2026 | 354 | $140,354 | -10.7% |
| FBTC | March 31, 2026 | 1,785 | $136,071 | No longer tracked |
| AZN | March 31, 2026 | 1,449 | $133,207 | -16.1% |
| GILD | June 30, 2025 | 1,165 | $130,538 | 30.6% |
| PWR | March 31, 2025 | 405 | $128,000 | 159.2% |
| CINF | March 31, 2025 | 884 | $127,031 | 14.9% |
| ILMN | March 31, 2025 | 930 | $124,276 | 164.7% |
| UPS | March 31, 2026 | 1,214 | $120,417 | 5.0% |
| IBTL | June 30, 2026 | 5,878 | $119,905 | -2.6% |
| KKR | June 30, 2026 | 1,293 | $119,603 | 18.4% |
| ADBE | June 30, 2026 | 489 | $118,866 | 33.1% |
| ARLP | Sept. 30, 2025 | 4,538 | $118,623 | 3.8% |
| FVD | Dec. 31, 2025 | 2,500 | $115,600 | No longer tracked |
| SNDR | March 31, 2025 | 3,930 | $115,070 | 55.6% |
| TIP | Dec. 31, 2025 | 1,015 | $112,888 | No longer tracked |
| TLN | Dec. 31, 2025 | 264 | $112,300 | -15.8% |
| SRE | June 30, 2026 | 1,139 | $110,677 | -6.9% |
| OKE | Sept. 30, 2025 | 1,332 | $108,731 | 29.9% |
| RMD | Dec. 31, 2025 | 395 | $108,123 | -4.6% |
| WFCPRL | March 31, 2025 | 90 | $107,488 | No longer tracked |
| LKQ | June 30, 2026 | 3,652 | $107,259 | -1.2% |
| KMB | March 31, 2026 | 1,055 | $106,439 | 12.4% |
| STT | March 31, 2026 | 816 | $105,272 | 47.1% |
| B | March 31, 2026 | 2,417 | $105,260 | 15.7% |
| NVMI | June 30, 2026 | 242 | $105,096 | -29.7% |
| NE | June 30, 2026 | 2,124 | $104,225 | 26.7% |
| VBR | March 31, 2026 | 490 | $103,777 | No longer tracked |
| WERN | March 31, 2025 | 2,870 | $103,090 | 31.4% |
| GIS | March 31, 2026 | 2,210 | $102,765 | 5.7% |
| STNG | Dec. 31, 2025 | 1,827 | $102,403 | 56.0% |
| DRI | Dec. 31, 2025 | 537 | $102,223 | 18.6% |
| HROW | March 31, 2026 | 2,079 | $101,871 | 18.4% |
| DEO | Sept. 30, 2025 | 1,006 | $101,445 | -2.3% |
| MDT | June 30, 2026 | 1,164 | $100,861 | 17.7% |
| SMR | Sept. 30, 2025 | 2,537 | $100,364 | -74.2% |
| GEHC | June 30, 2026 | 816 | $58,083 | 15.7% |
| BSV | June 30, 2026 | 502 | $39,362 | No longer tracked |
| TSLA | March 31, 2025 | 74 | $29,884 | 34.6% |
| CCI | March 31, 2026 | 250 | $22,218 | -6.5% |
| INTU | June 30, 2026 | 24 | $10,377 | 38.2% |
| XLE | June 30, 2025 | 37 | $3,458 | No longer tracked |
| HON | June 30, 2026 | 10 | $2,260 | -1.9% |
| TGT | Dec. 31, 2025 | 7 | $628 | 66.2% |