The First National Bank in Sioux Falls has filed a Form 13F-HR with the Securities and Exchange Commission, disclosing its equity securities holdings as of the close of business on September 30, 2026. The filing, signed by Trust Operations Manager Kelsey G. Stevens, reports that the bank held positions in 185 different equity securities and exchange-traded funds.
The largest holding disclosed in the filing is Alphabet Inc., with Class A and Class C common stock combined valued at approximately $3.28 billion. The bank also holds significant positions in Visa Inc., valued at roughly $4.5 billion, and Walmart Inc., valued at approximately $4.0 billion. Other major positions include Apple Inc., with a value of about $7.25 billion, and Microsoft Corp, valued at approximately $3.7 billion.
The filing lists a diverse mix of individual stocks and exchange-traded funds (ETFs). Notable individual stock positions include Blackstone Inc., valued at approximately $3.0 billion, and JPMorgan Chase & Co., valued at approximately $2.6 billion. The bank also holds substantial stakes in Procter & Gamble Co., Chevron Corp, and Eli Lilly & Co.
ETF holdings are also a significant portion of the portfolio. The bank holds shares in the Vanguard 500 Index Fund ETF, valued at approximately $26.6 billion, and the iShares Core S&P 500 ETF, valued at approximately $1.0 billion. Other notable ETFs include the Invesco S&P 500 Equal Weight ETF, valued at approximately $6.0 billion, and the Schwab U.S. Large-Cap Growth ETF, valued at approximately $6.7 billion.
The filing indicates that the bank generally holds these securities in a fiduciary capacity. The vast majority of the positions listed are held with shared voting and dispositive power, with no sole voting or dispositive power reported for the majority of the holdings.
