Hilltop National Bank

CIK 2021658 · View on SEC EDGAR ↗

Portfolio value
$313.5M
#5,065 of 9,443 by 13F value · top 53.6%
Positions
805
As of
June 30, 2026

Portfolio value QoQ: +8.6% 13F does not disclose cash

Top 10 holdings weight
33.66%
Top 25 holdings weight
49.78%
Positions above 1%
20
Effective number of positions
58.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 3.16% Est. buys $9,510,795 · sells $11,790,379

Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 79.5% still held

New positions
40
Increased
101
Decreased
163
Closed
30
On this page

Sector breakdown

Technology
20.7%
Industrials
7.7%
Healthcare
6.4%
Energy
4.9%
Financials
3.4%
Retail
2.8%
Financial Services
2.5%
Communication Services
1.8%
Consumer Staples
1.6%
Consumer Discretionary
1.6%
Utilities
1.5%
Materials
1.3%
Communications
1.2%
Real Estate
1.2%
Consumer products
0.8%
Telecommunication
0.5%
Logistics & Transportation
0.2%
Packaging
0.1%
Diversified Consumer Services
0.1%
Other/Unmapped
39.6%

Full portfolio 805 positions

Type Streak 8Q trend
MSFT Microsoft Corporation - Common Stock $22,521,456 7.18% 60,376 $248,327 Up ×1
VOO $15,140,726 4.83% 22,045 $2,060,356 Up ×2
INFL $13,930,536 4.44% 279,281 $-608,833
EFA $10,234,361 3.26% 98,521 $663,656 Down ×1
AAPL Apple Inc. - Common Stock $8,993,598 2.87% 31,081 $900,489 Down ×1
RSP $8,090,579 2.58% 38,025 $792,821
IVV $7,938,234 2.53% 10,600 $919,493 Down ×2
NVDA NVIDIA Corporation - Common Stock $7,822,519 2.49% 39,095 $994,585 Down ×4
IAU $5,524,085 1.76% 73,157 $-1,041,455 Down ×1
BRKB $5,334,157 1.70% 10,660 $122,378 Down ×1
VOE $4,409,642 1.41% 22,316 $216,719 Down ×1
TSM Taiwan Semiconductor Manufacturing Company Ltd. $4,174,917 1.33% 8,742 $1,209,406 Down ×4
QQQ Invesco QQQ Trust, Series 1 $3,874,937 1.24% 5,262 $788,756 Down ×1
BRKA $3,744,250 1.19% 5 $153,550
IWP $3,584,410 1.14% 24,482 $351,046 Down ×2
XOM Exxon Mobil Corporation Common Stock $3,578,919 1.14% 26,177 $-1,154,595 Down ×2
SPY SPY $3,574,041 1.14% 4,786 $461,514
LLY Eli Lilly and Company Common Stock $3,285,239 1.05% 2,739 $738,396 Down ×2
MRVL Marvell Technology, Inc. - Common Stock $3,273,513 1.04% 10,989 $2,216,352 Up ×4
IJH $3,152,565 1.01% 40,884 $391,668
VBR $2,983,431 0.95% 12,278 $264,764 Down ×1
VBK $2,906,584 0.93% 7,948 $504,301
WMT Walmart Inc. - Common Stock $2,727,641 0.87% 24,083 $-292,239 Down ×1
MU Micron Technology, Inc. - Common Stock $2,699,884 0.86% 2,339 $1,998,866 Up ×2
ANET Arista Networks, Inc. Common Stock $2,585,404 0.82% 15,219 $715,833 Down ×4
PWR Quanta Services, Inc. Common Stock $2,495,659 0.80% 3,466 $593,854 Up ×1
VTV $2,304,392 0.73% 10,574 $248,608 Up ×1
UNH UnitedHealth Group Incorporated Common Stock (DE) $2,198,683 0.70% 5,290 $794,591 Up ×4
JNJ Johnson & Johnson Common Stock $2,133,094 0.68% 8,399 $-48,289 Down ×2
VWO $2,062,409 0.66% 34,552 $197,846 Up ×1
GLW Corning Incorporated Common Stock $1,965,278 0.63% 7,694 $785,602 Down ×3
XLK XLK $1,785,934 0.57% 9,374 $540,129
CAT Caterpillar, Inc. Common Stock $1,763,474 0.56% 1,656 $480,453 Down ×4
COST Costco Wholesale Corporation - Common Stock $1,739,039 0.55% 1,859 $-110,335 Up ×1
DELL Dell Technologies Inc. Class C Common Stock $1,728,860 0.55% 4,007 $1,115,342 Up ×2
IVW $1,696,845 0.54% 12,338 $116,698 Down ×1
ONEQ Fidelity Nasdaq Composite Index ETF $1,688,679 0.54% 16,360 $299,551
PEP PepsiCo, Inc. - Common Stock $1,685,595 0.54% 12,449 $-299,632 Down ×2
TT Trane Technologies plc $1,602,655 0.51% 3,263 $240,749 Down ×2
META Meta Platforms, Inc. - Class A Common Stock $1,568,763 0.50% 2,785 $-105,862 Down ×1
IWB $1,461,096 0.47% 3,568 $188,890
GLD $1,443,313 0.46% 3,918 $-242,563
SCHD $1,368,921 0.44% 43,170 $44,465
IBM International Business Machines Corporation Common Stock $1,360,775 0.43% 4,839 $167,974 Down ×2
SLF Sun Life Financial Inc. Common Stock $1,299,968 0.41% 16,577 $262,911
JPM JP Morgan Chase & Co. Common Stock $1,282,806 0.41% 3,919 $149,702 Up ×1
PSX Phillips 66 Common Stock $1,282,413 0.41% 7,586 $-109,442 Down ×2
NFLX Netflix, Inc. - Common Stock $1,269,064 0.40% 17,774 $-473,751 Down ×2
XLG $1,264,400 0.40% 20,650 $137,942
TXN Texas Instruments Incorporated - Common Stock $1,262,625 0.40% 4,236 $388,024 Down ×1
GOOGL Alphabet Inc. - Class A Common Stock $1,248,651 0.40% 3,494 $196,757 Down ×2
AXP American Express Company Common Stock $1,239,686 0.40% 3,665 $129,584 Down ×2
NEM Newmont Corporation $1,230,265 0.39% 13,172 $-173,738 Up ×3
MRK Merck & Company, Inc. Common Stock (new) $1,228,846 0.39% 9,563 $24,142 Down ×1
AMZN Amazon.com, Inc. - Common Stock $1,221,731 0.39% 5,126 $242,029 Up ×2
OKE ONEOK, Inc. Common Stock $1,181,080 0.38% 13,585 $-10,712 Up ×1
MCK McKesson Corporation Common Stock $1,169,669 0.37% 1,548 $-236,541 Down ×1
AMP Ameriprise Financial, Inc. Common Stock $1,152,864 0.37% 2,513 $36,087
AMD Advanced Micro Devices, Inc. - Common Stock $1,115,347 0.36% 1,920 $664,953 Down ×1
EEMV $1,034,498 0.33% 13,742 $63,742 Down ×2
EPD Enterprise Products Partners L.P. Common Stock $1,007,224 0.32% 27,400 $-44,728 Down ×1
CSX CSX Corporation - Common Stock $1,000,316 0.32% 21,046 $35,230 Down ×1
BAC Bank of America Corporation Common Stock $984,671 0.31% 17,281 $142,222
AZN AstraZeneca PLC - American Depositary Shares $984,128 0.31% 5,190 Up ×1
VTI $953,963 0.30% 2,578 $126,915
BX Blackstone Inc. Common Stock $929,358 0.30% 7,898 $21,167
MA Mastercard Incorporated Common Stock $904,963 0.29% 1,762 $-72,372 Down ×3
PG Procter & Gamble Company (The) Common Stock $892,158 0.28% 6,084 $-48,580 Down ×2
MDT Medtronic plc. Ordinary Shares $884,781 0.28% 11,310 $-408,297 Down ×3
PANW Palo Alto Networks, Inc. - Common Stock $872,329 0.28% 2,558 $492,852 Up ×1
ASML ASML Holding N.V. - New York Registry Shares $863,417 0.28% 434 $290,177
MFC Manulife Financial Corporation Common Stock $857,556 0.27% 21,169 $128,496
OXY Occidental Petroleum Corporation Common Stock $856,629 0.27% 17,637 $-264,556 Up ×2
AVGO Broadcom Inc. - Common Stock $851,826 0.27% 2,255 $190,403 Up ×1
QSR Restaurant Brands International Inc. Common Shares $846,772 0.27% 11,678 $-17,415 Down ×2
SHEL Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) $833,555 0.27% 10,750 $-194,095 Down ×2
SO Southern Company (The) Common Stock $825,786 0.26% 8,628 $-6,989
EW Edwards Lifesciences Corporation Common Stock $823,276 0.26% 9,101 $67,881 Down ×1
WMB Williams Companies, Inc. (The) Common Stock $818,929 0.26% 11,016 $17,185
CSCO Cisco Systems, Inc. - Common Stock $817,169 0.26% 6,957 $196,294 Down ×2
ABBV AbbVie Inc. Common Stock $813,300 0.26% 3,232 $57,522 Down ×2
STX Seagate Technology Holdings PLC - Ordinary Shares (Ireland) $812,530 0.26% 842 $474,441 Down ×4
TOL Toll Brothers, Inc. Common Stock $808,264 0.26% 4,906 $136,832 Down ×2
TMUS T-Mobile US, Inc. - Common Stock $798,563 0.25% 4,761 $-206,851 Down ×2
PRU Prudential Financial, Inc. Common Stock $791,667 0.25% 7,335 $-10,466 Down ×2
GOOG Alphabet Inc. - Class C Capital Stock $790,753 0.25% 2,238 $235,679 Up ×2
CVX Chevron Corporation Common Stock $774,596 0.25% 4,673 $-303,560 Down ×2
DGX Quest Diagnostics Incorporated Common Stock $768,319 0.25% 3,625 $56,912 Down ×3
HLT Hilton Worldwide Holdings Inc. Common Stock $762,041 0.24% 2,306 $60,833
IJR $760,979 0.24% 5,131 $18,848 Down ×3
IBIT iShares Bitcoin Trust ETF $718,698 0.23% 21,589 $-110,751
AAAU $711,271 0.23% 17,975 $-118,994
SRE DBA Sempra Common Stock $703,762 0.22% 7,591 $688,895 Up ×1
KIM Kimco Realty Corporation (HC) Common Stock $703,234 0.22% 27,741 $79,602 Down ×2
V Visa Inc. $671,770 0.21% 1,958 $79,984
TSLA Tesla, Inc. - Common Stock $649,827 0.21% 1,545 $54,283 Down ×1
PFG Principal Financial Group Inc - Common Stock $646,680 0.21% 6,000 $79,077 Down ×1
MO Altria Group, Inc. $643,089 0.21% 8,938 $40,072 Down ×1
BUD Anheuser-Busch Inbev SA Sponsored ADR (Belgium) $642,143 0.20% 7,793 $101,543
KLAC KLA Corporation - Common Stock $633,591 0.20% 2,100 $324,385 Up ×1

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
MRVL $3,273,513 1.04% up ×4
UNH $2,198,683 0.70% up ×4
NEM $1,230,265 0.39% up ×3
VO $557,867 0.18% up ×4
SLB $341,469 0.11% up ×3
WDC $224,191 0.07% up ×3
CEG $189,755 0.06% up ×3
HLN $146,220 0.05% up ×3
NTRA $103,694 0.03% up ×4
SCCO $93,752 0.03% up ×4

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
AZN $984,128 5,190 0.31%
SNDK $204,636 90 0.07%
BE $155,891 515 0.05%
PNFP $117,424 1,164 0.04%
KGS $101,801 1,355 0.03%
NDAQ $91,274 1,158 0.03%
KN $79,725 1,922 0.03%
A $73,853 556 0.02%
SPOT $67,492 147 0.02%
BG $63,398 594 0.02%
TWLO $49,519 240 0.02%
QGEN $49,501 1,266 0.02%
NTNX $47,393 930 0.02%
PNR $46,533 607 0.01%
NRG $44,840 307 0.01%

Top movers (QoQ)

Security Action Shares Δ Value Δ
MRVL Bought more +316 +$2.2M
VOO Bought more +155 +$2.1M
MU Bought more +264 +$2.0M
TSM Trimmed -33 +$1.2M
XOM Trimmed -2K -$1.2M
DELL Bought more +269 +$1.1M
IAU Trimmed -1K -$1.0M
NVDA Trimmed -56 +$995K
IVV Trimmed -145 +$919K
AAPL Trimmed -808 +$900K

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.

SecurityQuarter Shares before Value before Price since exit
HON June 30, 2026 6,393 $1,445,010 -1.9%
AZN March 31, 2026 8,092 $743,898 -16.1%
DD June 30, 2026 10,732 $491,526 3.3%
GBCI March 31, 2026 6,627 $291,919 6.0%
MUFG Dec. 31, 2025 15,217 $242,559 39.5%
UTHR Sept. 30, 2025 727 $208,903 25.5%
GM Dec. 31, 2025 3,102 $189,129 7.9%
MLM Dec. 31, 2025 265 $167,024 -14.8%
SBAC Dec. 31, 2025 806 $155,840 -5.5%
TTE Dec. 31, 2025 2,600 $155,194 38.9%
EQIX Dec. 31, 2025 179 $140,200 43.0%
AL Dec. 31, 2025 2,172 $138,248 No longer tracked
EXR Dec. 31, 2025 894 $126,000 13.2%
NVR Dec. 31, 2025 15 $120,520 -13.2%
TREX Dec. 31, 2025 2,131 $110,109 34.8%
WWW Dec. 31, 2025 3,970 $108,937 13.3%
PNFP March 31, 2026 1,118 $106,668 18.7%
SSNC Dec. 31, 2025 1,093 $97,015 -5.9%
SEE March 31, 2026 2,315 $95,910 No longer tracked
GNRC Dec. 31, 2025 522 $87,383 54.7%
KMX Dec. 31, 2025 1,878 $84,266 59.4%
HUM March 31, 2026 326 $83,498 121.5%
SPOT Sept. 30, 2025 107 $82,105 -24.5%
WBS March 31, 2026 1,291 $81,256 11.7%
JHXXXXX Sept. 30, 2025 2,532 $68,085 No longer tracked
BLDR Dec. 31, 2025 546 $66,203 -31.3%
CME June 30, 2026 224 $66,158 23.7%
APP March 31, 2026 96 $64,687 -24.5%
NET March 31, 2026 308 $60,722 33.5%
SPSC March 31, 2026 657 $58,558 41.8%
BURL March 31, 2026 202 $58,348 3.5%
BABA June 30, 2026 465 $58,339 27.3%
QGENXXXX March 31, 2026 1,261 $56,707 No longer tracked
CVNA March 31, 2026 133 $56,129 -77.4%
KMPR June 30, 2026 1,800 $55,008 -0.2%
ULXXXX Dec. 31, 2025 860 $50,981 No longer tracked
EXE June 30, 2026 436 $47,864 4.5%
CCC June 30, 2026 7,279 $43,674 43.4%
ALNY June 30, 2026 131 $43,344 -23.7%
AA March 31, 2026 762 $40,493 -20.0%
KRP Dec. 31, 2025 3,000 $40,470 30.1%
MASI June 30, 2026 218 $38,776 No longer tracked
CWAN June 30, 2026 1,634 $38,644 No longer tracked
NDAQ Dec. 31, 2025 436 $38,564 1.0%
SE March 31, 2026 301 $38,399 41.0%
PHYS Dec. 31, 2025 1,264 $37,440 No longer tracked
RBLX March 31, 2026 459 $37,193 -31.2%
EQH Dec. 31, 2025 721 $36,612 3.4%
CNMD March 31, 2026 892 $36,215 44.4%
CHKP March 31, 2026 194 $35,999 -9.3%
JAPN June 30, 2026 1,580 $35,787
MUE March 31, 2026 3,386 $33,962 No longer tracked
HUBS Sept. 30, 2025 58 $32,285 -50.1%
MELI March 31, 2026 16 $32,228 12.0%
FICO Sept. 30, 2025 15 $27,419 -22.1%
TWLO Dec. 31, 2025 267 $26,724 52.8%
RSPG Sept. 30, 2025 354 $26,366 No longer tracked
GWW Sept. 30, 2025 24 $24,966 37.1%
ADSK June 30, 2026 100 $23,940 27.1%
HIMS March 31, 2026 735 $23,865 56.1%
MGEE March 31, 2026 300 $23,526 4.0%
CPNG March 31, 2026 944 $22,269 -14.7%
AWR Dec. 31, 2025 300 $21,996 23.2%
ALAB June 30, 2026 200 $21,920 -40.0%
ISRG March 31, 2026 38 $21,522 -19.0%
TDG Dec. 31, 2025 16 $21,088 -10.0%
RCL Sept. 30, 2025 67 $20,980 -9.6%
IWS March 31, 2026 147 $20,734 No longer tracked
CAPL March 31, 2026 1,000 $20,600 16.2%
KKR Sept. 30, 2025 154 $20,487 -16.4%
DBA June 30, 2026 705 $19,261 No longer tracked
CSQ June 30, 2026 1,118 $19,140 0.9%
VRTS June 30, 2026 141 $18,943 18.4%
FBIN June 30, 2026 480 $18,706 -17.9%
TRGP March 31, 2026 96 $17,712 22.1%
ROKU Sept. 30, 2025 200 $17,578 57.3%
BEPC Sept. 30, 2025 500 $16,390 -2.3%
CHRD Dec. 31, 2025 162 $16,098 61.1%
MLPX March 31, 2026 250 $15,133 No longer tracked
MAA Dec. 31, 2025 100 $13,973 -5.0%
TER Dec. 31, 2025 100 $13,764 93.5%
AXON March 31, 2026 22 $12,494 43.4%
FL Sept. 30, 2025 500 $12,250 No longer tracked
ALE Dec. 31, 2025 180 $11,952 No longer tracked
ARKF Dec. 31, 2025 200 $11,360 No longer tracked
GEN Dec. 31, 2025 400 $11,356 3.3%
CTRA June 30, 2026 317 $11,139 No longer tracked
AR Dec. 31, 2025 329 $11,041 9.4%
GHI Dec. 31, 2025 1,036 $10,671 -5.0%
PARA Sept. 30, 2025 813 $10,488
MOS Dec. 31, 2025 300 $10,404 -1.5%
GRNY June 30, 2026 400 $9,548 No longer tracked
ILMN Dec. 31, 2025 100 $9,497 60.1%
IIPR March 31, 2026 200 $9,472 12.8%
FYC March 31, 2026 98 $9,420
AXTA Dec. 31, 2025 317 $9,073 12.0%
LMND Sept. 30, 2025 200 $8,762 -4.0%
NLY March 31, 2026 375 $8,385 10.0%
FNY March 31, 2026 91 $8,299
BIPC June 30, 2026 200 $7,904 3.3%
ARLP Sept. 30, 2025 300 $7,842 3.8%
RITM March 31, 2026 700 $7,630 7.6%
RUM Dec. 31, 2025 1,000 $7,240 35.0%
BAM Dec. 31, 2025 127 $7,231 -0.6%
MTB Dec. 31, 2025 35 $6,917 19.1%
TGB June 30, 2026 1,000 $6,450 No longer tracked
IGV March 31, 2026 60 $6,341 No longer tracked
JEPQ March 31, 2026 100 $5,812
LW Dec. 31, 2025 100 $5,808 27.4%
FTSL March 31, 2026 125 $5,735
ST Dec. 31, 2025 183 $5,591 27.6%
PSK March 31, 2026 175 $5,546 No longer tracked
GPN June 30, 2026 81 $5,451 27.6%
SHEN Dec. 31, 2025 400 $5,368 7.6%
SA June 30, 2026 187 $5,300 29.8%
LXU Dec. 31, 2025 650 $5,122 28.9%
GSIE Dec. 31, 2025 116 $4,769 No longer tracked
EFT March 31, 2026 400 $4,516 -0.2%
CRML March 31, 2026 600 $4,164 -19.3%
ROST Dec. 31, 2025 27 $4,115 32.3%
MBC June 30, 2026 480 $3,989 -11.4%
MAN Dec. 31, 2025 103 $3,904 103.9%
TGNA March 31, 2026 200 $3,882 No longer tracked
TRST Dec. 31, 2025 100 $3,630 39.3%
ICLR Sept. 30, 2025 20 $2,909 -1.3%
LBTYK Dec. 31, 2025 239 $2,808 -6.7%
ARKG Dec. 31, 2025 100 $2,777 No longer tracked
SNREY Dec. 31, 2025 47 $2,763 No longer tracked
FMC March 31, 2026 196 $2,719 -36.4%
BFH Dec. 31, 2025 40 $2,231 41.2%
MSTY Sept. 30, 2025 87 $1,929 No longer tracked
QUBT Sept. 30, 2025 100 $1,917 -54.3%
QXO March 31, 2026 79 $1,524 -29.6%
DRRX Sept. 30, 2025 2,345 $1,490 No longer tracked
CCL June 30, 2026 50 $1,294 -10.1%
NWL Dec. 31, 2025 243 $1,273 56.5%
HOLX June 30, 2026 15 $1,134 No longer tracked
IPG Dec. 31, 2025 35 $977 No longer tracked
GRAL Dec. 31, 2025 16 $946 -10.0%
NAT Dec. 31, 2025 300 $942 106.5%
NCLH Sept. 30, 2025 45 $913 -30.1%
DKNG June 30, 2026 42 $908 -1.1%
SNDA Dec. 31, 2025 31 $859 20.1%
HTZWW Dec. 31, 2025 194 $719
LCIDXXXX Sept. 30, 2025 300 $633 No longer tracked
SNDL Dec. 31, 2025 200 $536 -19.9%
AMTM June 30, 2026 15 $391 1.2%
OBE March 31, 2026 57 $349 No longer tracked
ACCO June 30, 2026 112 $336 1.4%
AMC Dec. 31, 2025 106 $307 60.6%
COOP Dec. 31, 2025 1 $211 No longer tracked
SKLZ Dec. 31, 2025 25 $200 No longer tracked
HTZ Dec. 31, 2025 27 $184 -58.2%
TLRY Dec. 31, 2025 100 $173 -46.6%
BNT Dec. 31, 2025 2 $137 -9.7%
LEN Sept. 30, 2025 1 $111 -31.5%
ZIMV Dec. 31, 2025 4 $76 No longer tracked
ONL March 31, 2026 7 $16 31.6%
SYBX June 30, 2026 20 $12 No longer tracked
CGC March 31, 2026 10 $11 12.2%
MBOT Dec. 31, 2025 1 $3 -24.8%