Hills Bank & Trust Co

13F filer · CIK 0001309148

Reported Aug 10, 2026

Net seller this quarter

13F portfolio value$2.35BU.S. long equity reported on 13F

Positions24317 new · 16 closed

Net flow last quarter-$19.8MBuys minus sells

Top 10 positions weight21.7%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Aug 10, 2026243 positions
SPYSPDR S&P 500 ETF Trust	$155M	6.59%	Not reported	-2.0%	Q2 2013
SPMDSupermedia Inc.	$82.2M	3.50%	Not reported	-6.0%	Q4 2023
MDYSPDR S&P Midcap 400 ETF Trust	$78.5M	3.34%	Not reported	-3.3%	Q2 2013
NVDANvidia Corp	$44.5M	1.90%	0.00%	-1.8%	Q3 2018
GOOGAlphabet Inc.	$39.6M	1.69%	Not reported	-2.4%	Q4 2015
AAPLApple Inc.	$36.2M	1.54%	0.00%	-2.6%	Q2 2013
MSFTMicrosoft Corp	$25.9M	1.10%	0.00%	-1.9%	Q2 2013
JPMJPMorgan Chase & Co	$17.1M	0.73%	0.00%	-2.7%	Q2 2013
FASTFastenal Co	$15.8M	0.67%	0.03%	-2.6%	Q2 2013
AMZNAmazon Com Inc	$15.7M	0.67%	0.00%	0.0%	Q4 2017
PGPROCTER & GAMBLE Co	$14.9M	0.63%	0.00%	-3.0%	Q2 2013
PANWPalo Alto Networks Inc	$12.6M	0.54%	0.00%	-1.3%	Q2 2017
KLACKla Corp	$12.4M	0.53%	0.00%	+0.4%	Q2 2018
HDHome Depot, Inc.	$10.2M	0.43%	0.00%	-3.0%	Q2 2013
JNJJohnson & Johnson	$8.69M	0.37%	0.00%	+1.0%	Q2 2013
MAMastercard Inc	$7.91M	0.34%	0.00%	-3.4%	Q3 2018
COSTCostco Wholesale Corp	$7.4M	0.31%	0.00%	-1.7%	Q4 2015
METAMeta Platforms, Inc.	$7.13M	0.30%	Not reported	-2.4%	Q2 2018
ITWIllinois Tool Works Inc	$6.18M	0.26%	0.01%	-0.8%	Q2 2013
XOMExxonMobil Holdings Corp	$5.92M	0.25%	0.00%	+0.2%	Q2 2013
CSCOCisco Systems, Inc.	$5.83M	0.25%	0.00%	-2.3%	Q2 2013
AMDAdvanced Micro Devices Inc	$5.66M	0.24%	0.00%	-1.5%	Q1 2022
ICEIntercontinental Exchange, Inc.	$5.65M	0.24%	0.01%	-4.0%	Q2 2013
LNTAlliant Energy Corp	$5.44M	0.23%	0.03%	-0.6%	Q2 2013
TJXTJX Companies Inc	$5.31M	0.23%	0.00%	-1.0%	Q2 2018
VVisa Inc.	$5.3M	0.23%	0.00%	+3.1%	Q3 2017
MCDMcdonalds Corp	$5.27M	0.22%	0.00%	-2.6%	Q2 2013
INTCIntel Corp	$5.2M	0.22%	0.00%	+2.6%	Q2 2013
ORCLOracle Corp	$5.02M	0.21%	0.00%	-2.2%	Q4 2015
TMOThermo Fisher Scientific Inc.	$4.81M	0.20%	0.00%	-10.8%	Q2 2013
LLYELI LILLY & Co	$4.73M	0.20%	0.00%	+15.3%	Q4 2018
DEDeere & Co	$4.53M	0.19%	0.00%	-0.5%	Q2 2013
CVSCVS HEALTH Corp	$4.48M	0.19%	0.00%	-5.3%	Q1 2014
PEPPepsico Inc	$4.03M	0.17%	0.00%	-0.9%	Q2 2013
CVXChevron Corp	$3.87M	0.16%	0.00%	+0.1%	Q2 2013
BRK.ABerkshire Hathaway Inc	$3.74M	0.16%	Not reported	Not reported	Q2 2013
BRK.BBerkshire Hathaway Inc	$3.4M	0.14%	Not reported	+5.4%	Q1 2016
GWWW.W. Grainger, Inc.	$3.38M	0.14%	0.01%	-2.1%	Q1 2017
NSCNorfolk Southern Corp	$3.33M	0.14%	0.00%	-4.1%	Q3 2015
DHRDanaher Corp	$3.24M	0.14%	0.00%	-0.7%	Q3 2014
KOCoca Cola Co	$3.04M	0.13%	0.00%	-1.0%	Q3 2016
USBUS Bancorp \de\	$3M	0.13%	0.00%	-2.0%	Q2 2013
CATXPerspective Therapeutics, Inc.	$2.97M	0.13%	0.76%	Not reported	Q1 2024
ADIAnalog Devices Inc	$2.89M	0.12%	0.00%	-0.9%	Q4 2020
ABTAbbott Laboratories	$2.71M	0.12%	0.00%	-16.5%	Q4 2016
CATCaterpillar Inc	$2.67M	0.11%	0.00%	+1.7%	Q1 2019
IBMInternational Business Machines Corp	$2.67M	0.11%	0.00%	+0.7%	Q2 2013
CBOECboe Global Markets, Inc.	$2.46M	0.10%	0.01%	Not reported	Q4 2020
ASMLAsml Holding NV	$2.26M	0.10%	0.00%	-1.0%	Q1 2024
AVGOBroadcom Inc.	$2.25M	0.10%	0.00%	+10.7%	Q2 2025

Q1 2026Reported May 1, 2026241 positions
SPYSPDR S&P 500 ETF Trust	$137M	6.64%	Not reported	-1.3%	Q2 2013
SPMDSupermedia Inc.	$76.6M	3.70%	Not reported	+1.2%	Q4 2023
MDYSPDR S&P Midcap 400 ETF Trust	$71.2M	3.44%	Not reported	-1.9%	Q2 2013
NVDANvidia Corp	$39.5M	1.91%	0.00%	-2.5%	Q3 2018
GOOGAlphabet Inc.	$33M	1.59%	Not reported	-2.5%	Q4 2015
AAPLApple Inc.	$32.6M	1.57%	0.00%	+0.3%	Q2 2013
MSFTMicrosoft Corp	$26.1M	1.26%	0.00%	-4.9%	Q2 2013
JPMJPMorgan Chase & Co	$15.8M	0.76%	0.00%	-3.6%	Q2 2013
FASTFastenal Co	$15.7M	0.76%	0.03%	-4.4%	Q2 2013
PGPROCTER & GAMBLE Co	$15.1M	0.73%	0.00%	-1.6%	Q2 2013
AMZNAmazon Com Inc	$13.7M	0.66%	0.00%	-4.3%	Q4 2017
HDHome Depot, Inc.	$9.77M	0.47%	0.00%	-2.2%	Q2 2013
JNJJohnson & Johnson	$8.28M	0.40%	0.00%	-0.7%	Q2 2013
COSTCostco Wholesale Corp	$8.02M	0.39%	0.00%	-5.3%	Q4 2015
MAMastercard Inc	$7.97M	0.39%	0.00%	-6.8%	Q3 2018
ICEIntercontinental Exchange, Inc.	$7.51M	0.36%	0.01%	-4.1%	Q2 2013
METAMeta Platforms, Inc.	$7.42M	0.36%	Not reported	-3.7%	Q2 2018
XOMExxonMobil Holdings Corp	$7.33M	0.35%	0.00%	-1.6%	Q2 2013
MCDMcdonalds Corp	$6.22M	0.30%	0.00%	-1.1%	Q2 2013
KLACKla Corp	$6.02M	0.29%	0.00%	+0.9%	Q2 2018
ITWIllinois Tool Works Inc	$6M	0.29%	0.01%	-1.8%	Q2 2013
PANWPalo Alto Networks Inc	$5.99M	0.29%	0.00%	-4.7%	Q2 2017
TJXTJX Companies Inc	$5.66M	0.27%	0.00%	-5.4%	Q2 2018
TMOThermo Fisher Scientific Inc.	$5.28M	0.26%	0.00%	-1.1%	Q2 2013
ORCLOracle Corp	$5.15M	0.25%	0.00%	-4.8%	Q4 2015
LNTAlliant Energy Corp	$5.15M	0.25%	0.03%	-0.4%	Q2 2013
CVXChevron Corp	$4.83M	0.23%	0.00%	-3.5%	Q2 2013
PEPPepsico Inc	$4.67M	0.23%	0.00%	-1.6%	Q2 2013
VVisa Inc.	$4.53M	0.22%	0.00%	+4.1%	Q3 2017
DEDeere & Co	$4.04M	0.20%	0.00%	-0.5%	Q2 2013
CSCOCisco Systems, Inc.	$3.94M	0.19%	0.00%	-5.0%	Q2 2013
ABTAbbott Laboratories	$3.68M	0.18%	0.00%	-13.0%	Q4 2016
CATXPerspective Therapeutics, Inc.	$3.64M	0.18%	0.77%	-7.0%	Q1 2024
BRK.ABerkshire Hathaway Inc	$3.59M	0.17%	Not reported	Not reported	Q2 2013
CVSCVS HEALTH Corp	$3.29M	0.16%	0.00%	-9.9%	Q1 2014
DHRDanaher Corp	$3.24M	0.16%	0.00%	-2.9%	Q3 2014
NSCNorfolk Southern Corp	$3.17M	0.15%	0.00%	-11.2%	Q3 2015
LLYELI LILLY & Co	$3.14M	0.15%	0.00%	+7.6%	Q4 2018
BRK.BBerkshire Hathaway Inc	$3.09M	0.15%	Not reported	+19.2%	Q1 2016
KOCoca Cola Co	$2.88M	0.14%	0.00%	-4.9%	Q3 2016
CBOECboe Global Markets, Inc.	$2.85M	0.14%	0.01%	Not reported	Q4 2020
GWWW.W. Grainger, Inc.	$2.77M	0.13%	0.01%	-1.2%	Q1 2017
USBUS Bancorp \de\	$2.63M	0.13%	0.00%	-0.2%	Q2 2013
ISRGIntuitive Surgical Inc	$2.45M	0.12%	0.00%	+2.9%	Q1 2019
ADIAnalog Devices Inc	$2.34M	0.11%	0.00%	-12.2%	Q4 2020
CRMSalesforce, Inc.	$2.3M	0.11%	0.00%	-26.3%	Q1 2016
IBMInternational Business Machines Corp	$2.28M	0.11%	0.00%	-4.5%	Q2 2013
FISVFiserv Inc	$2.19M	0.11%	0.01%	-5.4%	Q2 2013
EMREmerson Electric Co	$2.11M	0.10%	0.00%	-6.8%	Q2 2013
CORCencora, Inc.	$2.1M	0.10%	0.00%	-10.5%	Q2 2022

Q4 2025Reported Feb 5, 2026238 positions
SPYSPDR S&P 500 ETF Trust	$146M	8.49%	Not reported	-0.8%	Q2 2013
SPMDSupermedia Inc.	$74.1M	4.31%	Not reported	+1.9%	Q4 2023
MDYSPDR S&P Midcap 400 ETF Trust	$70.9M	4.12%	Not reported	-1.7%	Q2 2013
NVDANvidia Corp	$43.4M	2.52%	0.00%	-1.3%	Q3 2018
GOOGAlphabet Inc.	$37M	2.15%	Not reported	-1.6%	Q4 2015
MSFTMicrosoft Corp	$35.9M	2.09%	0.00%	+0.2%	Q2 2013
AAPLApple Inc.	$34.8M	2.02%	0.00%	0.0%	Q2 2013
JPMJPMorgan Chase & Co	$18M	1.04%	0.00%	-2.3%	Q2 2013
AMZNAmazon Com Inc	$15.9M	0.92%	0.00%	-0.2%	Q4 2017
PGPROCTER & GAMBLE Co	$15.3M	0.89%	0.00%	-1.5%	Q2 2013
FASTFastenal Co	$14.2M	0.82%	0.03%	-1.9%	Q2 2013
HDHome Depot, Inc.	$10.5M	0.61%	0.00%	-1.4%	Q2 2013
MAMastercard Inc	$9.76M	0.57%	0.00%	-2.2%	Q3 2018
METAMeta Platforms, Inc.	$8.89M	0.52%	Not reported	-0.2%	Q2 2018
ICEIntercontinental Exchange, Inc.	$8.07M	0.47%	0.01%	-4.1%	Q2 2013
COSTCostco Wholesale Corp	$7.32M	0.43%	0.00%	-3.9%	Q4 2015
PANWPalo Alto Networks Inc	$7.22M	0.42%	0.01%	-2.8%	Q2 2017
ORCLOracle Corp	$7.16M	0.42%	0.00%	-1.2%	Q4 2015
JNJJohnson & Johnson	$7.06M	0.41%	0.00%	+1.1%	Q2 2013
TMOThermo Fisher Scientific Inc.	$6.29M	0.37%	0.00%	+1.2%	Q2 2013
MCDMcdonalds Corp	$6.19M	0.36%	0.00%	-3.0%	Q2 2013
ITWIllinois Tool Works Inc	$5.78M	0.34%	0.01%	-1.2%	Q2 2013
TJXTJX Companies Inc	$5.75M	0.33%	0.00%	-2.2%	Q2 2018
XOMExxonMobil Holdings Corp	$5.29M	0.31%	0.00%	-0.1%	Q2 2013
ABTAbbott Laboratories	$5.15M	0.30%	0.00%	-3.4%	Q4 2016
VVisa Inc.	$5.05M	0.29%	0.00%	-0.8%	Q3 2017
KLACKla Corp	$4.92M	0.29%	0.00%	-2.0%	Q2 2018
LNTAlliant Energy Corp	$4.68M	0.27%	0.03%	+41.9%	Q2 2013
CRMSalesforce, Inc.	$4.43M	0.26%	0.00%	-3.3%	Q1 2016
PEPPepsico Inc	$4.38M	0.25%	0.00%	+0.3%	Q2 2013
CSCOCisco Systems, Inc.	$4.12M	0.24%	0.00%	+3.4%	Q2 2013
DHRDanaher Corp	$4.04M	0.23%	0.00%	0.0%	Q3 2014
CVSCVS HEALTH Corp	$4.03M	0.23%	0.00%	-5.6%	Q1 2014
BRK.ABerkshire Hathaway Inc	$3.77M	0.22%	Not reported	Not reported	Q2 2013
CVXChevron Corp	$3.69M	0.21%	0.00%	+0.6%	Q2 2013
NSCNorfolk Southern Corp	$3.59M	0.21%	0.01%	-5.4%	Q3 2015
LLYELI LILLY & Co	$3.41M	0.20%	0.00%	+6.6%	Q4 2018
DEDeere & Co	$3.35M	0.20%	0.00%	+2.7%	Q2 2013
ISRGIntuitive Surgical Inc	$2.92M	0.17%	0.00%	+1.7%	Q1 2019
IBMInternational Business Machines Corp	$2.92M	0.17%	0.00%	+7.2%	Q2 2013
FISVFiserv Inc	$2.78M	0.16%	0.01%	-2.2%	Q2 2013
KOCoca Cola Co	$2.78M	0.16%	0.00%	+0.5%	Q3 2016
BRK.BBerkshire Hathaway Inc	$2.72M	0.16%	Not reported	+10.1%	Q1 2016
USBUS Bancorp \de\	$2.71M	0.16%	0.00%	-0.6%	Q2 2013
DISWalt Disney Co	$2.67M	0.16%	0.00%	-9.9%	Q4 2014
AMTAmerican Tower Corp	$2.61M	0.15%	0.00%	-29.8%	Q3 2015
GWWW.W. Grainger, Inc.	$2.59M	0.15%	0.01%	-3.2%	Q1 2017
NKENIKE, Inc.	$2.58M	0.15%	0.00%	-17.8%	Q2 2013
CATXPerspective Therapeutics, Inc.	$2.58M	0.15%	1.26%	-4.2%	Q1 2024
CBOECboe Global Markets, Inc.	$2.54M	0.15%	0.01%	-13.2%	Q4 2020

Q3 2025Reported Nov 13, 2025232 positions
SPYSPDR S&P 500 ETF Trust	$144M	8.46%	Not reported	-0.9%	Q2 2013
SPMDSupermedia Inc.	$71.8M	4.22%	Not reported	+5.0%	Q4 2023
MDYSPDR S&P Midcap 400 ETF Trust	$71.3M	4.19%	Not reported	+0.4%	Q2 2013
NVDANvidia Corp	$43.9M	2.59%	0.00%	-2.2%	Q3 2018
MSFTMicrosoft Corp	$38.4M	2.26%	0.00%	-1.8%	Q2 2013
AAPLApple Inc.	$32.6M	1.92%	0.00%	-1.2%	Q2 2013
GOOGAlphabet Inc.	$29.2M	1.72%	Not reported	-2.4%	Q4 2015
JPMJPMorgan Chase & Co	$18M	1.06%	0.00%	-1.3%	Q2 2013
FASTFastenal Co	$17.7M	1.04%	0.03%	-2.0%	Q2 2013
PGPROCTER & GAMBLE Co	$16.6M	0.98%	0.00%	-6.8%	Q2 2013
AMZNAmazon Com Inc	$15.1M	0.89%	0.00%	-0.7%	Q4 2017
HDHome Depot, Inc.	$12.5M	0.73%	0.00%	-1.2%	Q2 2013
ORCLOracle Corp	$10.5M	0.62%	0.00%	-3.1%	Q4 2015
MAMastercard Inc	$9.95M	0.59%	0.00%	-0.2%	Q3 2018
METAMeta Platforms, Inc.	$9.91M	0.58%	Not reported	-1.6%	Q2 2018
ICEIntercontinental Exchange, Inc.	$8.75M	0.51%	0.01%	-1.7%	Q2 2013
PANWPalo Alto Networks Inc	$8.22M	0.48%	0.01%	-2.3%	Q2 2017
COSTCostco Wholesale Corp	$8.18M	0.48%	0.00%	-1.2%	Q4 2015
MCDMcdonalds Corp	$6.34M	0.37%	0.00%	-4.2%	Q2 2013
JNJJohnson & Johnson	$6.26M	0.37%	0.00%	+1.8%	Q2 2013
ITWIllinois Tool Works Inc	$6.19M	0.36%	0.01%	-1.1%	Q2 2013
ABTAbbott Laboratories	$5.71M	0.34%	0.00%	+0.1%	Q4 2016
TJXTJX Companies Inc	$5.53M	0.33%	0.00%	-1.1%	Q2 2018
FISVFiserv Inc	$5.46M	0.32%	0.01%	-1.3%	Q2 2013
TMOThermo Fisher Scientific Inc.	$5.21M	0.31%	0.00%	-0.9%	Q2 2013
XOMExxonMobil Holdings Corp	$4.96M	0.29%	0.00%	-0.9%	Q2 2013
VVisa Inc.	$4.95M	0.29%	0.00%	-0.3%	Q3 2017
KLACKla Corp	$4.46M	0.26%	0.00%	-1.6%	Q2 2018
PEPPepsico Inc	$4.28M	0.25%	0.00%	-4.0%	Q2 2013
CRMSalesforce, Inc.	$4.09M	0.24%	0.00%	-2.7%	Q1 2016
AMTAmerican Tower Corp	$4.07M	0.24%	0.00%	-0.9%	Q3 2015
CVSCVS HEALTH Corp	$4.05M	0.24%	0.00%	+0.1%	Q1 2014
NSCNorfolk Southern Corp	$3.94M	0.23%	0.01%	-0.1%	Q3 2015
BRK.ABerkshire Hathaway Inc	$3.77M	0.22%	Not reported	Not reported	Q2 2013
CVXChevron Corp	$3.73M	0.22%	0.00%	-10.2%	Q2 2013
ETNEaton Corp plc	$3.55M	0.21%	0.00%	-0.2%	Q3 2015
CSCOCisco Systems, Inc.	$3.54M	0.21%	0.00%	+0.9%	Q2 2013
DHRDanaher Corp	$3.49M	0.21%	0.00%	-0.6%	Q3 2014
NKENIKE, Inc.	$3.44M	0.20%	0.00%	-2.7%	Q2 2013
LNTAlliant Energy Corp	$3.42M	0.20%	0.02%	+1.0%	Q2 2013
CATXPerspective Therapeutics, Inc.	$3.36M	0.20%	1.32%	-0.5%	Q1 2024
DEDeere & Co	$3.21M	0.19%	0.00%	-1.5%	Q2 2013
CMGChipotle Mexican Grill Inc	$3.12M	0.18%	0.01%	-5.6%	Q2 2020
DISWalt Disney Co	$2.98M	0.18%	0.00%	-0.4%	Q4 2014
MDLZMondelez International, Inc.	$2.96M	0.17%	0.00%	-4.2%	Q4 2015
CBOECboe Global Markets, Inc.	$2.86M	0.17%	0.01%	Not reported	Q4 2020
ADBEAdobe Inc.	$2.73M	0.16%	0.00%	+3.5%	Q3 2021
BXBlackstone Inc.	$2.65M	0.16%	0.00%	+0.7%	Q3 2021
KOCoca Cola Co	$2.63M	0.15%	0.00%	+2.6%	Q3 2016
IBMInternational Business Machines Corp	$2.6M	0.15%	0.00%	-12.2%	Q2 2013

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