Institutional
AMES NATIONAL CORP (ATLO)
CIK 0001132651
$166.6M
Reported AUM
67
Positions
Q1 2026
Period
2026-05-12
Filed
The Brief · AMES NATIONAL CORP (ATLO) · Q1 2026
AI · grounded in 13F
AMES NATIONAL CORP (ATLO) established a new position in Travelers Companies WHWK valued at $1.33M. The fund significantly reduced its holdings in Travelers Companies TRV by 88% and Alliant Energy LNT by 81.3%. Additionally, the fund increased its share counts in Vanguard Total Bond Market BND by 9.6% and iShares Core US Aggregate Bond AGG by 8.8%.
Portfolio · Q1 2026
Top holdings
QoQ vs Q4 2025
| # | Stock | Issuer | Price | Day % | 1Y Gr. | 5Y Gr. | Value | % of book | Δ shares (QoQ) | Status |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | IVV | iShares Core S&P 500 Index | $740.91 | -2.62% | 24.60% | 80.03% | $41.5M | 24.92% | +1,319 | +2.1% |
| 2 | BSV | Vanguard Short-Term Bond | $77.60 | -0.26% | 4.01% | 8.08% | $12.8M | 7.67% | +12,986 | +8.7% |
| 3 | BND | Vanguard Total Bond Market | $72.83 | -0.45% | 5.24% | -1.47% | $12.5M | 7.48% | +14,865 | +9.6% |
| 4 | AGG | iShares Core US Aggregate Bond | $98.17 | -0.50% | 5.32% | -1.36% | $12.3M | 7.38% | +9,985 | +8.8% |
| 5 | VXUS | Vanguard Total International Stock | $83.03 | -3.73% | 25.97% | 48.87% | $6.0M | 3.62% | −470 | −0.6% |
| 6 | MSFT | Microsoft | $416.67 | -2.66% | -10.71% | 52.39% | $5.9M | 3.52% | +73 | +0.5% |
| 7 | IWR | iShares Russell Mid-Cap Index | $106.21 | -2.12% | 19.13% | 42.17% | $5.3M | 3.17% | −750 | −1.4% |
| 8 | VTIP | Vanguard Short-Term Inflation-Protected Securities | $50.31 | -0.20% | 4.64% | 17.27% | $4.8M | 2.88% | +5,680 | +6.3% |
| 9 | AAPL | Apple | $307.34 | -1.25% | 51.31% | 116.17% | $4.5M | 2.69% | — | HELD |
| 10 | IWM | iShares Russell 2000 Index | $281.65 | -3.55% | 34.35% | 35.27% | $3.9M | 2.37% | −202 | −1.3% |
| 11 | IJH | iShares Core S&P Mid-Cap | $73.95 | -2.00% | 22.71% | 46.95% | $3.9M | 2.34% | +2,461 | +4.4% |
| 12 | — | Goeppinger Enterprises Inc | — | — | — | — | $3.4M | 2.05% | — | HELD |
| 13 | VTI | Vanguard Total Stock Market | $363.38 | -2.68% | 24.59% | 71.45% | $3.3M | 1.96% | −61 | −0.6% |
| 14 | XLK | State Street Technology Select Sector SPDR | $180.30 | -6.66% | 52.15% | 143.77% | $3.3M | 1.95% | — | HELD |
| 15 | GOOG | Alphabet C | $365.76 | -0.95% | 109.82% | 172.71% | $2.7M | 1.64% | −140 | −1.4% |
| 16 | JNJ | Johnson & Johnson | $232.77 | 2.02% | 53.90% | 55.59% | $2.7M | 1.63% | −1,199 | −9.8% |
| 17 | IJR | iShares Core S&P Small-Cap | $137.68 | -1.84% | 29.63% | 34.80% | $2.6M | 1.58% | +870 | +4.3% |
| 18 | HD | Home Depot | $310.78 | 0.27% | -12.61% | 7.24% | $2.6M | 1.55% | −206 | −2.6% |
| 19 | BRK/B | Berkshire Hathaway B | — | — | — | — | $2.2M | 1.34% | +30 | +0.6% |
| 20 | JPM | JPMorgan Chase | $312.37 | 0.48% | 19.84% | 133.52% | $2.2M | 1.30% | −325 | −4.2% |
| 21 | CVX | Chevron | $187.31 | -0.55% | 39.19% | 125.88% | $1.8M | 1.06% | −440 | −4.9% |
| 22 | XOM | Exxon Mobil | $149.92 | -1.39% | 48.36% | 212.97% | $1.5M | 0.89% | — | HELD |
| 23 | MCD | McDonald's | $279.84 | 2.61% | -6.22% | 29.33% | $1.4M | 0.83% | — | HELD |
| 24 | WHWK | Travelers Companies | $4.15 | -5.68% | 121.93% | -86.30% | $1.3M | 0.80% | +4,571 | NEW |
| 25 | ATLO | Ames National | $29.81 | 2.19% | 72.80% | 59.39% | $1.3M | 0.79% | −12,000 | −20.5% |
| 26 | PG | Procter & Gamble | $146.54 | 4.09% | -8.09% | 17.02% | $1.3M | 0.76% | −525 | −5.6% |
| 27 | ADP | Automatic Data Processing | $231.95 | 0.28% | -27.24% | 22.55% | $1.2M | 0.69% | −270 | −4.5% |
| 28 | WMT | Wal-Mart | $118.88 | 0.97% | 22.99% | 166.67% | $991K | 0.59% | −450 | −5.3% |
| 29 | UNP | Union Pacific | $272.32 | 3.19% | 24.65% | 39.36% | $983K | 0.59% | −1,430 | −25.9% |
| 30 | CSCO | Cisco Systems | $121.64 | -6.43% | 88.37% | 153.46% | $978K | 0.59% | — | HELD |
| 31 | MRK | Merck | $120.79 | 0.44% | — | — | $944K | 0.57% | −250 | −3.1% |
| 32 | CASY | Casey's General Stores | $761.91 | 0.04% | — | — | $873K | 0.52% | — | HELD |
| 33 | GOOGL | Alphabet A | $368.53 | -0.98% | — | — | $820K | 0.49% | — | HELD |
| 34 | VOO | Vanguard S&P 500 | $678.00 | -2.59% | — | — | $685K | 0.41% | +78 | +7.3% |
| 35 | V | Visa | $323.57 | 1.06% | — | — | $628K | 0.38% | +142 | +7.3% |
| 36 | GD | General Dynamics | $346.44 | 1.45% | — | — | $605K | 0.36% | — | HELD |
| 37 | VYM | Vanguard High Dividend Yield | $158.24 | -1.35% | — | — | $586K | 0.35% | — | HELD |
| 38 | BLK | BlackRock | $995.60 | -2.64% | — | — | $542K | 0.33% | −50 | −8.1% |
| 39 | SPY | State Street SPDR S&P 500 | $737.55 | -2.58% | — | — | $538K | 0.32% | −50 | −5.7% |
| 40 | PPG | PPG Industries | $113.13 | -0.59% | — | — | $488K | 0.29% | — | HELD |
| 41 | PEP | PepsiCo | $141.92 | -0.16% | — | — | $469K | 0.28% | −5 | −0.2% |
| 42 | BX | Blackstone | $115.35 | -2.70% | — | — | $448K | 0.27% | — | HELD |
| 43 | PFE | Pfizer | $26.04 | 1.36% | — | — | $447K | 0.27% | +709 | +4.7% |
| 44 | QCOM | Qualcomm | $215.94 | -10.98% | — | — | $440K | 0.26% | — | HELD |
| 45 | RTX | RTX Corporation | $180.99 | 0.88% | — | — | $430K | 0.26% | — | HELD |
| 46 | UNH | UnitedHealth Group | $399.47 | 0.76% | — | — | $410K | 0.25% | −33 | −2.1% |
| 47 | T | AT&T | $22.75 | -0.09% | — | — | $407K | 0.24% | −27,700 | −66.4% |
| 48 | AFL | Aflac | $118.24 | 2.56% | — | — | $405K | 0.24% | −195 | −5.0% |
| 49 | DE | Deere & Co | $583.44 | -1.40% | — | — | $374K | 0.22% | +18 | +2.8% |
| 50 | APD | Air Products & Chemicals | $282.35 | -0.18% | — | — | $373K | 0.22% | — | HELD |
| 51 | NSC | Norfolk Southern Corp | $313.45 | 2.04% | — | — | $368K | 0.22% | −900 | −40.9% |
| 52 | VZ | Verizon Communications | $45.37 | 1.11% | — | — | $360K | 0.22% | −6,094 | −46.0% |
| 53 | KO | Coca-Cola | $79.48 | 3.46% | — | — | $350K | 0.21% | −200 | −4.2% |
| 54 | SYY | Sysco | $76.29 | 2.61% | — | — | $337K | 0.20% | −170 | −3.5% |
| 55 | ABBV | Abbvie Inc | $227.23 | 1.02% | — | — | $311K | 0.19% | — | HELD |
| 56 | LNT | Alliant Energy | $72.63 | -0.33% | — | — | $300K | 0.18% | −18,233 | −81.3% |
| 57 | NKE | Nike | $42.98 | -1.47% | — | — | $290K | 0.17% | −621 | −10.2% |
| 58 | PFF | iShares Preferred and Income Securities | $30.91 | -1.09% | — | — | $285K | 0.17% | −2,225 | −19.1% |
| 59 | CAT | Caterpillar | $904.28 | -3.85% | — | — | $271K | 0.16% | — | HELD |
| 60 | DIS | Walt Disney | $99.71 | 0.37% | — | — | $243K | 0.15% | −48 | −1.9% |
| 61 | ABT | Abbott Laboratories | $91.07 | 0.32% | — | — | $240K | 0.14% | — | HELD |
| 62 | VEA | Vanguard FTSE Developed Markets | $69.17 | -3.72% | — | — | $234K | 0.14% | — | HELD |
| 63 | WMT2 | Wells Fargo & Co | — | — | — | — | $232K | 0.14% | −8,000 | −72.7% |
| 64 | KLAC | KLA Corporation | $1929.20 | -9.47% | — | — | $221K | 0.13% | +150 | NEW |
| 65 | SYK | Stryker | $305.66 | 1.48% | — | — | $218K | 0.13% | +665 | NEW |
| 66 | TRV | Travelers Companies | $303.25 | 3.35% | — | — | $212K | 0.13% | −5,326 | −88.0% |
| 67 | AMGN | Amgen | $349.58 | 1.15% | — | — | $209K | 0.13% | +595 | NEW |
| 68 | COP | ConocoPhillips | $117.14 | -1.75% | — | — | — | — | −3,787 | EXITED |
| 69 | DNP | DNP Select Income | $10.73 | 0.37% | — | — | — | — | −18,000 | EXITED |
| 70 | COF | Capital One Financial Corp | $180.67 | -1.38% | — | — | — | — | −647 | EXITED |
Source: SEC EDGAR · accession 0001437749-26-016350. 13F discloses long positions only — shorts, foreign equities, and options are excluded.