13F-HR: Ames National Corp Discloses $148.5 Million in Holdings for Q4 2024

Ames National Corp's latest 13F filing reveals $148.5 million in managed securities as of December 31, 2024, showcasing a diverse portfolio of investments.

Summary

• Ames National Corp filed its Form 13F for the quarter ended December 31, 2024.
• The filing reports total holdings valued at $148,512,853.
• The firm manages a portfolio consisting of 121 different holdings.
• The largest holdings include iShares Core S&P 500 Index with a value of $21,537,446 and Microsoft COM with a value of $5,613,537.
• Other significant holdings include iShares Core US Aggregate Bond ($7,835,334), Vanguard Short-Term Bond ($8,178,720), and Vanguard Total Bond Market ($7,841,066).

Sentiment

Score: 6

Explanation: The document is a routine portfolio disclosure, so the sentiment is neutral. It provides factual information about the company's holdings.

Positives

• The portfolio is well-diversified across various sectors and asset classes.
• The inclusion of ETFs like iShares Core S&P 500 Index and Vanguard Total Bond Market provides broad market exposure.
• The presence of large, established companies like Apple, Microsoft, and Johnson & Johnson suggests a focus on stable, long-term investments.

Risks

• Market fluctuations could impact the value of the holdings.
• Economic downturns could affect the performance of individual companies within the portfolio.
• Changes in interest rates could impact the value of bond holdings.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Form 13F filings are a standard requirement for institutional investment managers with over $100 million in assets under management, providing transparency into their investment holdings. This filing allows investors to understand Ames National Corp's investment strategy and portfolio composition relative to other financial institutions.

Comparison to Industry Standards

• Comparing Ames National Corp's portfolio to other regional banks or investment firms of similar size would provide a more detailed benchmark.
• For example, comparing the allocation to ETFs versus individual stocks to similar firms like Commerce Bancshares or UMB Financial Corporation could reveal differences in investment strategy.
• Analyzing the portfolio's sector allocation against the S&P 500's sector weights could also highlight any over or under-weighting in specific industries.

Stakeholder Impact

• Shareholders can use this information to assess the investment strategy of Ames National Corp.
• The holdings provide insight into the sectors and companies the firm believes will perform well.

Key Dates