# Heartland Bank & Trust Co

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1866040. Source: https://holderbook.com/funds/1866040-heartland-bank-trust-co/

- Reported value: $483.3M
- Positions: 211
- Weight of the ten largest: 48.4%
- Filed: 2026-08-12

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 |
|---|---|---|---|---|---|
| VANGUARD MALVERN FDS | [VCRB](https://holderbook.com/stocks/VCRB/) | $64.7M | 838,371 | 13.4% | 2 |
| FIDELITY MERRIMACK STR TR | [FIGB](https://holderbook.com/stocks/FIGB/) | $48.6M | 1,134,364 | 10.1% | 2 |
| ISHARES TR | [IGF](https://holderbook.com/stocks/IGF/) | $23.4M | 352,037 | 4.9% | 15 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $22.8M | 78,703 | 4.7% | 23 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $17.1M | 85,685 | 3.5% | 23 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $14.5M | 38,925 | 3.0% | 23 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $12.9M | 36,154 | 2.7% | 23 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $11.4M | 47,918 | 2.4% | 23 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $9.7M | 9,085 | 2.0% | 8 |
| BARCLAYS BANK PLC | [DJP](https://holderbook.com/stocks/DJP/) | $8.6M | 197,654 | 1.8% | 15 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $7.6M | 6,357 | 1.6% | 23 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $6.7M | 18,072 | 1.4% | 2 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $6.7M | 5,792 | 1.4% | 6 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $6.4M | 16,836 | 1.3% | 10 |
| FIRST TR EXCHANGE-TRADED FD | [LMBS](https://holderbook.com/stocks/LMBS/) | $6.3M | 126,644 | 1.3% | 2 |
| ISHARES TR | [IBDT](https://holderbook.com/stocks/IBDT/) | $6.2M | 247,322 | 1.3% | 8 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $5.9M | 18,020 | 1.2% | 23 |
| ISHARES TR | [IBDS](https://holderbook.com/stocks/IBDS/) | $5.5M | 226,152 | 1.1% | 10 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $5.4M | 21,482 | 1.1% | 19 |
| ISHARES TR | [IBDR](https://holderbook.com/stocks/IBDR/) | $5.1M | 211,676 | 1.1% | 10 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $5.1M | 8,732 | 1.0% | 23 |
| HBT FINL INC. | [HBT](https://holderbook.com/stocks/HBT/) | $4.8M | 150,575 | 1.0% | 23 |
| VANGUARD INTL EQUITY INDEX F | [VNQI](https://holderbook.com/stocks/VNQI/) | $4.7M | 104,657 | 1.0% | 2 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $4.7M | 34,161 | 1.0% | 19 |
| ISHARES TR | [IBDU](https://holderbook.com/stocks/IBDU/) | $4.4M | 190,831 | 0.9% | 6 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $4.4M | 39,002 | 0.9% | 15 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $4.3M | 7,603 | 0.9% | 14 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $3.9M | 15,177 | 0.8% | 23 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $3.7M | 31,719 | 0.8% | 7 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $3.3M | 11,082 | 0.7% | 10 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $3.2M | 7,715 | 0.7% | 14 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $3.2M | 6,345 | 0.7% | 23 |
| ISHARES TR | [SHV](https://holderbook.com/stocks/SHV/) | $2.8M | 25,153 | 0.6% | 12 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $2.6M | 7,343 | 0.5% | 15 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $2.5M | 16,792 | 0.5% | 16 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $2.3M | 6,615 | 0.5% | 6 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $2.1M | 4,157 | 0.4% | 15 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $2.1M | 2,937 | 0.4% | 6 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $2.1M | 16,296 | 0.4% | 17 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $2.1M | 12,495 | 0.4% | 15 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $1.9M | 3,762 | 0.4% | 5 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $1.9M | 5,520 | 0.4% | 10 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $1.8M | 8,793 | 0.4% | 3 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $1.8M | 1,846 | 0.4% | 3 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $1.7M | 9,636 | 0.4% | 4 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $1.7M | 12,228 | 0.3% | 19 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $1.6M | 5,852 | 0.3% | 10 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $1.6M | 1,681 | 0.3% | 14 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $1.5M | 10,695 | 0.3% | 6 |
| ISHARES TR | [IWR](https://holderbook.com/stocks/IWR/) | $1.5M | 13,570 | 0.3% | 2 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.5M | 3,597 | 0.3% | 23 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $1.5M | 7,789 | 0.3% | 6 |
| ISHARES TR | [IBTG](https://holderbook.com/stocks/IBTG/) | $1.4M | 63,074 | 0.3% | 8 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $1.4M | 3,806 | 0.3% | 6 |
| ISHARES TR | [IBTH](https://holderbook.com/stocks/IBTH/) | $1.4M | 63,532 | 0.3% | 8 |
| FIFTH THIRD BANCORP | [FITB](https://holderbook.com/stocks/FITB/) | $1.4M | 25,059 | 0.3% | 6 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $1.4M | 15,429 | 0.3% | 8 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $1.3M | 4,893 | 0.3% | 14 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $1.3M | 11,247 | 0.3% | 7 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $1.3M | 8,905 | 0.3% | 6 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.3M | 9,171 | 0.3% | 2 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $1.3M | 17,874 | 0.3% | 2 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $1.3M | 4,021 | 0.3% | 14 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $1.3M | 3,575 | 0.3% | 14 |
| ISHARES TR | [EAGG](https://holderbook.com/stocks/EAGG/) | $1.3M | 26,563 | 0.3% | 3 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $1.3M | 2,424 | 0.3% | 14 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.2M | 14,132 | 0.3% | 5 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $1.2M | 7,229 | 0.3% | 7 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $1.2M | 4,481 | 0.3% | 23 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.2M | 3,527 | 0.2% | 11 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $1.2M | 6,719 | 0.2% | 10 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $1.2M | 8,393 | 0.2% | 6 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $1.1M | 976 | 0.2% | 6 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.1M | 13,815 | 0.2% | 14 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $1.1M | 4,865 | 0.2% | 16 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $1.1M | 1,712 | 0.2% | 23 |
| EXPEDIA GROUP INC | [EXPE](https://holderbook.com/stocks/EXPE/) | $1.0M | 3,991 | 0.2% | 4 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $1.0M | 1,040 | 0.2% | 6 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.0M | 6,337 | 0.2% | 2 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $967.1K | 1,929 | 0.2% | 13 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $948.1K | 6,258 | 0.2% | 19 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $933.4K | 13,073 | 0.2% | 15 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $909.5K | 400 | 0.2% | 1 |
| VANGUARD SCOTTSDALE FDS | [VONE](https://holderbook.com/stocks/VONE/) | $909.1K | 2,684 | 0.2% | 2 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $907.9K | 3,551 | 0.2% | 18 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $903.5K | 12,153 | 0.2% | 5 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $896.9K | 5,725 | 0.2% | 10 |
| WEC ENERGY GROUP INC | [WEC](https://holderbook.com/stocks/WEC/) | $886.5K | 7,592 | 0.2% | 6 |
| ISHARES TR | [IBHG](https://holderbook.com/stocks/IBHG/) | $864.9K | 39,171 | 0.2% | 7 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $848.0K | 6,712 | 0.2% | 6 |
| ISHARES TR | [IBHF](https://holderbook.com/stocks/IBHF/) | $837.7K | 36,983 | 0.2% | 7 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $833.1K | 8,704 | 0.2% | 11 |
| ISHARES TR | [IBHH](https://holderbook.com/stocks/IBHH/) | $825.9K | 35,146 | 0.2% | 6 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $811.5K | 2,724 | 0.2% | 2 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $801.7K | 3,492 | 0.2% | 15 |
| ROYAL CARIBBEAN GROUP | [RCL](https://holderbook.com/stocks/RCL/) | $796.7K | 2,509 | 0.2% | 2 |
| ALLSTATE CORP | [ALL](https://holderbook.com/stocks/ALL/) | $793.1K | 3,333 | 0.2% | 6 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $790.6K | 1,988 | 0.2% | 14 |
| MONOLITHIC PWR SYS INC | [MPWR](https://holderbook.com/stocks/MPWR/) | $786.6K | 569 | 0.2% | 16 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $781.2K | 37,737 | 0.2% | 14 |

## 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 | +8.5% | +14.8% | -6.3% | 98% |
| Q1 2026 | -2.2% | -4.6% | +2.4% | 96% |
| Q4 2025 | +3.3% | +2.4% | +1.0% | 95% |
| Q3 2025 | +7.9% | +7.8% | +0.0% | 96% |
| Q2 2025 | +9.7% | +10.5% | -0.8% | 97% |
| Q1 2025 | -3.4% | -4.6% | +1.2% | 97% |
| Q4 2024 | +1.2% | +2.1% | -0.9% | 98% |
| Q3 2024 | +5.5% | +5.4% | +0.1% | 98% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $483.3M | 211 |
| Q1 2026 | $442.4M | 206 |
| Q4 2025 | $236.2M | 155 |
| Q3 2025 | $242.1M | 170 |
| Q2 2025 | $213.4M | 166 |
| Q1 2025 | $194.8M | 161 |
| Q4 2024 | $184.1M | 139 |
| Q3 2024 | $185.3M | 153 |
| Q2 2024 | $176.3M | 145 |
| Q1 2024 | $172.0M | 143 |
| Q4 2023 | $145.3M | 122 |
| Q3 2023 | $126.7M | 130 |