# HTLF Bank

> Institutional holdings reported to the SEC as of Q4 2024 on Form 13F. CIK 2003343. Source: https://holderbook.com/funds/2003343-htlf-bank/

- Reported value: $884.8M
- Positions: 217
- Weight of the ten largest: 47.4%
- Filed: 2025-01-28

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 |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $69.7M | 169,834 | 7.9% | 5 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $64.0M | 378,285 | 7.2% | 5 |
| HEARTLAND FINL USA INC | [HTLF](https://holderbook.com/stocks/HTLF/) | $63.7M | 1,039,077 | 7.2% | 5 |
| VANECK ETF TRUST | [ITM](https://holderbook.com/stocks/ITM/) | $58.6M | 1,270,591 | 6.6% | 5 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $34.3M | 653,550 | 3.9% | 5 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $33.6M | 347,309 | 3.8% | 5 |
| SPDR SERIES TRUST | [SHM](https://holderbook.com/stocks/SHM/) | $30.4M | 642,073 | 3.4% | 5 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $25.9M | 103,263 | 2.9% | 5 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $20.6M | 48,908 | 2.3% | 5 |
| NEW YORK LIFE INVESTMENTS ET | [QAI](https://holderbook.com/stocks/QAI/) | $18.6M | 592,568 | 2.1% | 5 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $17.1M | 296,603 | 1.9% | 5 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $15.1M | 210,301 | 1.7% | 5 |
| FRANKLIN TEMPLETON ETF TR | [INCE](https://holderbook.com/stocks/INCE/) | $14.9M | 269,439 | 1.7% | 5 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $14.3M | 75,614 | 1.6% | 5 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $13.9M | 316,693 | 1.6% | 5 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $13.1M | 46,821 | 1.5% | 5 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $12.4M | 62,778 | 1.4% | 5 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $12.3M | 52,972 | 1.4% | 5 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $11.7M | 48,932 | 1.3% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $10.7M | 48,897 | 1.2% | 5 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $10.1M | 306,860 | 1.1% | 5 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $9.3M | 55,591 | 1.0% | 5 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $9.2M | 101,567 | 1.0% | 5 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $8.2M | 70,681 | 0.9% | 5 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $8.0M | 27,734 | 0.9% | 5 |
| INVESCO EXCH TRADED FD TR II | [IDLV](https://holderbook.com/stocks/IDLV/) | $7.9M | 283,675 | 0.9% | 5 |
| SPDR SERIES TRUST | [JNK](https://holderbook.com/stocks/JNK/) | $7.8M | 82,052 | 0.9% | 5 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $7.8M | 53,834 | 0.9% | 5 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $7.5M | 51,837 | 0.8% | 5 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $7.0M | 12,015 | 0.8% | 5 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $7.0M | 26,932 | 0.8% | 5 |
| TRI CONTL CORP | [TY](https://holderbook.com/stocks/TY/) | $6.9M | 217,703 | 0.8% | 5 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $6.5M | 110,232 | 0.7% | 5 |
| ISHARES TR | [SHY](https://holderbook.com/stocks/SHY/) | $6.3M | 77,112 | 0.7% | 5 |
| ISHARES TR | [IGF](https://holderbook.com/stocks/IGF/) | $6.1M | 117,489 | 0.7% | 5 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $5.9M | 23,823 | 0.7% | 5 |
| INVESCO EXCH TRADED FD TR II | [TBLL](https://holderbook.com/stocks/TBLL/) | $5.6M | 53,318 | 0.6% | 5 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $5.5M | 30,812 | 0.6% | 5 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $5.3M | 9,050 | 0.6% | 5 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $5.3M | 41,845 | 0.6% | 5 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $5.2M | 5,669 | 0.6% | 5 |
| SELECT SECTOR SPDR TR | [XLU](https://holderbook.com/stocks/XLU/) | $5.2M | 68,586 | 0.6% | 5 |
| ADAMS DIVERSIFIED EQUITY FD | [ADX](https://holderbook.com/stocks/ADX/) | $5.0M | 246,496 | 0.6% | 5 |
| SPDR SERIES TRUST | [HYMB](https://holderbook.com/stocks/HYMB/) | $4.9M | 191,411 | 0.6% | 5 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $4.9M | 28,984 | 0.5% | 5 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $4.8M | 53,018 | 0.5% | 5 |
| ING GROEP N.V. | [ING](https://holderbook.com/stocks/ING/) | $4.8M | 308,199 | 0.5% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $4.8M | 10,648 | 0.5% | 5 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $4.8M | 15,220 | 0.5% | 5 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $4.7M | 59,009 | 0.5% | 5 |
| INDUSTRIAL LOGISTICS PPTYS T | [ILPT](https://holderbook.com/stocks/ILPT/) | $4.7M | 1,280,150 | 0.5% | 5 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $4.4M | 11,319 | 0.5% | 5 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $4.3M | 48,211 | 0.5% | 5 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $4.2M | 46,340 | 0.5% | 5 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $4.2M | 36,521 | 0.5% | 1 |
| ISHARES TR | [ICSH](https://holderbook.com/stocks/ICSH/) | $3.9M | 76,633 | 0.4% | 2 |
| ISHARES TR | [EMB](https://holderbook.com/stocks/EMB/) | $3.3M | 37,383 | 0.4% | 5 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $3.0M | 15,733 | 0.3% | 5 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $2.9M | 41,494 | 0.3% | 5 |
| BLACKSTONE SECD LENDING FD | [BXSL](https://holderbook.com/stocks/BXSL/) | $2.9M | 89,027 | 0.3% | 5 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $2.9M | 22,728 | 0.3% | 5 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $2.8M | 18,730 | 0.3% | 5 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $2.7M | 9,202 | 0.3% | 5 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $2.3M | 27,488 | 0.3% | 4 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $2.2M | 20,854 | 0.3% | 5 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $2.2M | 21,120 | 0.3% | 5 |
| VANGUARD ADMIRAL FDS INC | [VOOG](https://holderbook.com/stocks/VOOG/) | $2.1M | 5,814 | 0.2% | 5 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $2.0M | 18,793 | 0.2% | 5 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $1.8M | 29,566 | 0.2% | 5 |
| VANGUARD STAR FDS | [VXUS](https://holderbook.com/stocks/VXUS/) | $1.8M | 30,195 | 0.2% | 5 |
| ISHARES TR | [MXI](https://holderbook.com/stocks/MXI/) | $1.7M | 22,103 | 0.2% | 4 |
| POSTAL REALTY TRUST INC | [PSTL](https://holderbook.com/stocks/PSTL/) | $1.7M | 130,699 | 0.2% | 5 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $1.7M | 5,698 | 0.2% | 5 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $1.6M | 12,493 | 0.2% | 5 |
| SPDR SERIES TRUST | [SPTI](https://holderbook.com/stocks/SPTI/) | $1.4M | 50,762 | 0.2% | 4 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $1.4M | 5,066 | 0.2% | 5 |
| AGREE RLTY CORP | [ADC](https://holderbook.com/stocks/ADC/) | $1.3M | 19,150 | 0.2% | 5 |
| VANGUARD CHARLOTTE FDS | [BNDX](https://holderbook.com/stocks/BNDX/) | $1.3M | 26,406 | 0.1% | 5 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $1.2M | 15,794 | 0.1% | 5 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.2M | 9,544 | 0.1% | 5 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.2M | 8,897 | 0.1% | 5 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $1.2M | 2,067 | 0.1% | 5 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $1.1M | 4,881 | 0.1% | 5 |
| ISHARES TR | [MUB](https://holderbook.com/stocks/MUB/) | $1.1M | 10,113 | 0.1% | 5 |
| HUBBELL INC | [HUBB](https://holderbook.com/stocks/HUBB/) | $1.0M | 2,490 | 0.1% | 5 |
| J P MORGAN EXCHANGE TRADED F | [JPIB](https://holderbook.com/stocks/JPIB/) | $1.0M | 21,569 | 0.1% | 5 |
| RUNWAY GROWTH FINANCE CORP | [RWAY](https://holderbook.com/stocks/RWAY/) | $972.4K | 88,720 | 0.1% | 3 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $963.3K | 20,144 | 0.1% | 5 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $882.1K | 3,992 | 0.1% | 5 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $877.0K | 1,245 | 0.1% | 5 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $873.8K | 4,462 | 0.1% | 5 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $866.0K | 1,479 | 0.1% | 5 |
| VANGUARD INDEX FDS | [VXF](https://holderbook.com/stocks/VXF/) | $859.3K | 4,523 | 0.1% | 5 |
| NUVEEN S&P 500 BUY-WRITE INC | [BXMX](https://holderbook.com/stocks/BXMX/) | $843.8K | 60,313 | 0.1% | 5 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $841.5K | 1,986 | 0.1% | 5 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $806.7K | 35,427 | 0.1% | 5 |
| NUSHARES ETF TR | [NULV](https://holderbook.com/stocks/NULV/) | $788.4K | 20,026 | 0.1% | 5 |
| INVESCO EXCHANGE TRADED FD T | [PFM](https://holderbook.com/stocks/PFM/) | $733.8K | 16,000 | 0.1% | 5 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $723.0K | 27,252 | 0.1% | 5 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $719.8K | 1,423 | 0.1% | 5 |

## 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 |
|---|---|---|---|---|
| Q4 2024 | -0.5% | +2.1% | -2.7% | 100% |
| Q3 2024 | +7.6% | +5.4% | +2.2% | 100% |
| Q2 2024 | +2.8% | +4.0% | -1.2% | 100% |
| Q1 2024 | +4.7% | +10.0% | -5.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2024 | $884.8M | 217 |
| Q3 2024 | $920.7M | 232 |
| Q2 2024 | $878.9M | 244 |
| Q1 2024 | $870.7M | 245 |
| Q4 2023 | $848.2M | 240 |