Hills Bank & Trust Co
•CIK: 1309148•Filing: Q4 2025
**Hills Bank & Trust Co.** manages $1.7B across a diversified portfolio of 340 positions. The fund exhibits significant exposure to broad market indices, notably holding SPY at $146.1M and VEA at $139.1M. Further allocations include substantial weights in thematic and international sectors, such as SPMD ($74.1M) and VWO ($58.3M). This structure suggests a core mandate focused on capturing broad market beta while selectively overweighting key global and sector themes.
Total AUM
$1.7B
QoQ Performance
+1.2%
Positions
256
Top 10 Concentration
44.7%
Latest Filing
Q4 2025
Top Holdings Allocation
SPY
VEA
SPY8.5%
VEA8.1%
SPMD4.3%
MDY4.1%
FTRB3.9%
VWO3.4%
BSCQ3.2%
BSCR2.9%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other69.3%
Technology11.3%
ETF9.2%
Consumer2.8%
Financial2.8%
Healthcare2.0%
Industrial0.8%
Consumer Staples0.5%
🚪 Exited Positionssold since Q3 2025
—
ISHARES TR
SOLD
$23.7M
—
ISHARES TR
SOLD
$7.8M
—
INVESCO EXCH TRD SLF IDX FD
SOLD
$2.3M
+127 more exited positions
Changes from Q3 2025
NEW9 new positions
↑84 increased
↓95 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023