13F-HR: Ames National Corp Discloses Q4 2025 Holdings

Ames National Corp filed its Q4 2025 13F-HR report, revealing a diversified portfolio valued at over $170 million across 124 positions.

Summary

• Ames National Corp, an institutional investment manager, filed its Form 13F-HR for the calendar quarter ended December 31, 2025.
• The report discloses total holdings valued at $170,802,211.
• The portfolio consists of 124 distinct holdings entries.
• The filing includes holdings managed by one other entity, First National Bank, Ames, Iowa.
• Key holdings include significant positions in major technology companies like Apple, Microsoft, and Alphabet, as well as diversified ETFs such as iShares Core S&P 500 Index and Vanguard Total Bond Market.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It is a routine, factual disclosure of past holdings and does not contain information that would inherently indicate positive or negative sentiment regarding the reporting manager's performance or future prospects.

Positives

• The filing demonstrates transparency regarding Ames National Corp's investment strategy and portfolio composition.
• The portfolio exhibits broad diversification across various sectors, market capitalizations, and asset classes, including a mix of individual equities and exchange-traded funds (ETFs).
• Significant allocations to broad market ETFs (e.g., iShares Core S&P 500 Index, Vanguard Total Bond Market) suggest a strategy aimed at capturing market-wide returns and managing risk through diversification.

Future Outlook

This Form 13F-HR filing is a historical disclosure of holdings as of December 31, 2025, and does not contain any forward-looking statements or guidance from Ames National Corp regarding future investment strategies or market outlook.

Industry Context

StockSavvy.ai notes that this 13F filing provides a snapshot of Ames National Corp's investment posture at the end of Q4 2025. The portfolio's significant allocation to both individual large-cap equities and a wide array of ETFs (covering large, mid, and small-cap equities, as well as various bond categories) reflects a common institutional strategy for achieving broad market exposure and diversification. The inclusion of both growth-oriented tech giants and value-oriented industrial/financial stocks, alongside fixed-income ETFs, suggests a balanced approach to asset allocation, typical of managers seeking stable, long-term returns.

Comparison to Industry Standards

• The portfolio's diversification across 124 entries and a mix of individual stocks and ETFs aligns with best practices for institutional investment managers aiming to mitigate idiosyncratic risk.
• The substantial allocation to broad market ETFs like iShares Core S&P 500 Index ($29,251,048 sole discretion, $13,389,207 shared discretion) and Vanguard Total Bond Market ($8,827,663 sole discretion, $2,606,449 shared discretion) is consistent with a core-satellite approach often employed by institutional investors to gain efficient market exposure.
• Holdings in major technology companies such as Microsoft ($5,429,118 sole discretion), Apple ($2,945,331 sole discretion), and Alphabet ($1,732,176 sole discretion for Class C) are comparable to allocations seen in many large institutional portfolios, reflecting confidence in established market leaders.
• The presence of holdings in the reporting entity itself, Ames National Corp ($415,300 sole discretion, $929,168 shared discretion), is a common practice for financial institutions that invest in their own stock.

Stakeholder Impact

• Shareholders and potential investors gain transparency into Ames National Corp's investment strategy and portfolio composition, which can inform their assessment of the firm's asset management capabilities and risk profile.

Key Dates

Keywords

13F-HR, Holdings Report, Institutional Investor, Portfolio Disclosure, Equity Holdings, ETF Holdings, Ames National Corp, Investment Management, SEC Filing