# Pinnacle Bancorp, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1703383. Source: https://holderbook.com/funds/1703383-pinnacle-bancorp-inc/

- Reported value: $384.4M
- Positions: 921
- Weight of the ten largest: 29.0%
- Filed: 2026-07-28

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $23.2M | 31 | 6.0% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $22.7M | 33,029 | 5.9% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $10.8M | 37,215 | 2.8% | 31 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $8.8M | 114,257 | 2.3% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $8.7M | 11,607 | 2.3% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $8.1M | 10,813 | 2.1% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $7.9M | 21,278 | 2.1% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $7.3M | 14,529 | 1.9% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $7.1M | 19,908 | 1.9% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $6.8M | 5,700 | 1.8% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $6.6M | 20,184 | 1.7% | 31 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $6.4M | 87,680 | 1.7% | 31 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $6.2M | 59,225 | 1.6% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $6.1M | 25,696 | 1.6% | 31 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $5.8M | 24,353 | 1.5% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $5.4M | 15,175 | 1.4% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $4.6M | 4,900 | 1.2% | 31 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $4.5M | 51,483 | 1.2% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $4.5M | 13,128 | 1.2% | 31 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $4.4M | 19,466 | 1.1% | 31 |
| VANGUARD WORLD FD | [MGV](https://holderbook.com/stocks/MGV/) | $4.4M | 26,770 | 1.1% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $4.3M | 16,748 | 1.1% | 31 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $4.1M | 11,182 | 1.1% | 31 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $3.8M | 39,202 | 1.0% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $3.5M | 6,264 | 0.9% | 31 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $3.5M | 40,365 | 0.9% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $3.4M | 4,648 | 0.9% | 31 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $3.3M | 55,536 | 0.9% | 31 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $3.2M | 21,644 | 0.8% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $3.2M | 12,680 | 0.8% | 31 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $2.8M | 13,043 | 0.7% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.8M | 49,711 | 0.7% | 31 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $2.8M | 46,685 | 0.7% | 31 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $2.5M | 43,258 | 0.7% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $2.5M | 17,016 | 0.6% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.5M | 12,464 | 0.6% | 15 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $2.4M | 22,484 | 0.6% | 25 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $2.1M | 15,270 | 0.5% | 31 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $2.1M | 13,382 | 0.5% | 31 |
| ISHARES TR | [IJJ](https://holderbook.com/stocks/IJJ/) | $2.1M | 14,023 | 0.5% | 31 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $2.1M | 24,843 | 0.5% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.0M | 12,304 | 0.5% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $2.0M | 16,778 | 0.5% | 31 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $1.9M | 23,185 | 0.5% | 31 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $1.7M | 15,860 | 0.4% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.7M | 20,350 | 0.4% | 31 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $1.6M | 16,576 | 0.4% | 31 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $1.6M | 19,559 | 0.4% | 31 |
| ISHARES TR | [ILCG](https://holderbook.com/stocks/ILCG/) | $1.6M | 13,502 | 0.4% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.5M | 5,441 | 0.4% | 31 |
| DIMENSIONAL ETF TRUST | [DFAS](https://holderbook.com/stocks/DFAS/) | $1.4M | 17,402 | 0.4% | 16 |
| DBX ETF TR | [DBEF](https://holderbook.com/stocks/DBEF/) | $1.4M | 25,719 | 0.4% | 31 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.4M | 5,085 | 0.4% | 31 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.3M | 3,647 | 0.3% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $1.3M | 1,810 | 0.3% | 31 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $1.3M | 15,576 | 0.3% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $1.2M | 9,566 | 0.3% | 31 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $1.2M | 24,259 | 0.3% | 29 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $1.2M | 1,717 | 0.3% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.2M | 3,234 | 0.3% | 31 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.2M | 3,941 | 0.3% | 31 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $1.2M | 14,897 | 0.3% | 31 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $1.2M | 38,971 | 0.3% | 31 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.2M | 16,303 | 0.3% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.1M | 9,765 | 0.3% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $1.1M | 5,080 | 0.3% | 23 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.1M | 7,837 | 0.3% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.0M | 7,367 | 0.3% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $1.0M | 3,430 | 0.3% | 9 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $1.0M | 13,251 | 0.3% | 13 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $994.3K | 1,034 | 0.3% | 7 |
| TRAVELERS COMPANIES INC | [TRV](https://holderbook.com/stocks/TRV/) | $993.0K | 3,008 | 0.3% | 31 |
| VANGUARD INDEX FDS | [VOE](https://holderbook.com/stocks/VOE/) | $976.2K | 4,940 | 0.3% | 17 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $971.0K | 13,891 | 0.3% | 16 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $954.9K | 2,800 | 0.2% | 16 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $921.0K | 2,454 | 0.2% | 20 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $895.1K | 4,718 | 0.2% | 21 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $883.3K | 9,160 | 0.2% | 31 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $872.4K | 4,100 | 0.2% | 24 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $871.5K | 6,374 | 0.2% | 31 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $868.9K | 12,702 | 0.2% | 31 |
| FIRST TR EXCHANGE-TRADED ALP | [FYT](https://holderbook.com/stocks/FYT/) | $852.6K | 12,213 | 0.2% | 24 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $844.7K | 13,985 | 0.2% | 31 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $841.6K | 5,879 | 0.2% | 31 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $841.0K | 9,837 | 0.2% | 31 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $835.0K | 3,787 | 0.2% | 31 |
| FIRST TR EXCHNG TRADED FD VI | [FIXD](https://holderbook.com/stocks/FIXD/) | $831.8K | 19,073 | 0.2% | 31 |
| GENERAL DYNAMICS CORP | [GD](https://holderbook.com/stocks/GD/) | $828.2K | 2,338 | 0.2% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $818.6K | 2,911 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $809.9K | 2,672 | 0.2% | 31 |
| ISHARES GOLD TR | [IAU](https://holderbook.com/stocks/IAU/) | $777.3K | 10,294 | 0.2% | 9 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $775.9K | 24,468 | 0.2% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $767.9K | 4,355 | 0.2% | 31 |
| VANGUARD BD INDEX FDS | [BIV](https://holderbook.com/stocks/BIV/) | $739.9K | 9,647 | 0.2% | 31 |
| SCHWAB STRATEGIC TR | [SCHB](https://holderbook.com/stocks/SCHB/) | $726.7K | 25,092 | 0.2% | 25 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $724.9K | 4,432 | 0.2% | 31 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $724.4K | 7,664 | 0.2% | 11 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $719.9K | 6,140 | 0.2% | 31 |
| PIMCO ETF TR | [HYS](https://holderbook.com/stocks/HYS/) | $719.1K | 7,689 | 0.2% | 31 |
| VANGUARD ADMIRAL FDS INC | [VOOV](https://holderbook.com/stocks/VOOV/) | $718.1K | 3,276 | 0.2% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +10.0% | +14.8% | -4.9% | 100% |
| Q1 2026 | -2.6% | -4.6% | +2.1% | 100% |
| Q4 2025 | +2.2% | +2.4% | -0.2% | 100% |
| Q3 2025 | +5.7% | +7.8% | -2.1% | 100% |
| Q2 2025 | +4.7% | +10.5% | -5.8% | 100% |
| Q1 2025 | +0.3% | -4.6% | +4.8% | 100% |
| Q4 2024 | -0.5% | +2.1% | -2.6% | 100% |
| Q3 2024 | +7.4% | +5.4% | +2.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $384.4M | 921 |
| Q1 2026 | $338.8M | 885 |
| Q4 2025 | $341.2M | 873 |
| Q3 2025 | $338.6M | 910 |
| Q2 2025 | $324.0M | 909 |
| Q1 2025 | $306.7M | 898 |
| Q4 2024 | $307.5M | 881 |
| Q3 2024 | $374.1M | 871 |
| Q2 2024 | $338.7M | 848 |
| Q1 2024 | $338.1M | 822 |
| Q4 2023 | $305.5M | 796 |
| Q3 2023 | $281.4M | 777 |