Data as of Q4 2025 (Dec 31, 2025)

FIRST NATIONAL BANK OF OMAHA

โ€ขCIK: 36644โ€ขFiling: Q4 2025

First National Bank of Omaha, with $3.4 billion in assets under management, maintains a diversified portfolio with top holdings in MSFT, BRK/B, and AAPL, reflecting a balanced approach to growth and value. Recently, the fund has increased its positions in VTI by 2008% and EFA by 1606%, while exiting LEBENS FAM and HUNZEKER H, indicating a strategic shift towards broad market exposure and international diversification.

Total AUM
$3.4B
QoQ Performance
+113.4%
Positions
389
Top 10 Concentration
29.3%
Latest Filing
Q4 2025

Top Holdings Allocation

MSFT3.3%
BRK/B3.3%
AAPL3.1%
IVV3.0%
VTI2.8%
VXUS2.5%
DFAI2.2%
GOOG2.0%

๐Ÿ“ˆ Biggest Buys

IVV
ISHARES TR
+1387.8%
3.0% of portfolio
BRK/B
BERKSHIRE HATHAWAY INC DEL
+441.5%
3.3% of portfolio
VTI
VANGUARD INDEX FDS
+1948.0%
2.8% of portfolio
VXUS
VANGUARD STAR FDS
+29407.3%
2.5% of portfolio
EFA
ISHARES TR
+1551.8%
1.5% of portfolio

๐Ÿ“‰ Biggest Sells

MKL
MARKEL GROUP INC
-20.1%
0.4% of portfolio
ECL
ECOLAB INC
-32.8%
0.2% of portfolio
BKNG
BOOKING HOLDINGS INC
-18.1%
0.3% of portfolio
CFR
CULLEN FROST BANKERS INC
-13.5%
0.3% of portfolio
PWR
QUANTA SVCS INC
-15.8%
0.3% of portfolio

Sector Breakdown

Other47.6%
Technology18.6%
Financial9.5%
Consumer5.9%
ETF5.7%
Healthcare4.5%
Industrial2.4%
Energy1.6%

๐Ÿšช Exited Positionssold since Q3 2025

โ€”
LEBENS FAMILY ENTERPRISES II
SOLD
$15.7M
โ€”
HUNZEKER HOLDINGS, LLC CLASS
SOLD
$11.0M
โ€”
MCGOO PARTNERSHIP, LLP
SOLD
$10.8M
ZTS
ZOETIS INC
SOLD
$8.8M
โ€”
BLACK CAT III LLC
SOLD
$8.6M
+166 more exited positions

Changes from Q3 2025

NEW58 new positions
โ†‘114 increased
โ†“28 decreased

Historical Filings

Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023