First National Advisers, LLC — 13F Holdings & Portfolio
CIK 1941030 · latest 13F-HR filed 2026-05-08
First National Advisers, LLC manages $683.5M in 13F-reported U.S. long-equity assets across 261 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are DFAI (8.32%), AAPL (5.59%), NVDA (4.74%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 23 new positions, exited 19, added to 54, and trimmed 113.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$683.5M
Long-equity book
261
Distinct positions
2026-03-31
Filed 2026-05-08
+23 / −19 / ↑54 / ↓113
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- DIMENSIONAL ETF TRUST$8.6M +17.8%
- EXXON MOBIL CORP$1.4M +23.9%
- SOUTHERN CO$921.0K +28.9%
- EOG RES INC$729.8K +18.3%
- CHEWY INC$698.9K +262.9%
Top Trims
- MICROSOFT CORP-$12.1M -31.1%
- NVIDIA CORPORATION-$6.7M -17.1%
- ALPHABET INC-$6.0M -21.7%
- APPLE INC-$5.5M -12.5%
- JPMORGAN CHASE & CO-$3.2M -18.5%
New Positions
- PIMCO ETF TR$16.3M
- SSGA ACTIVE ETF TR$15.2M
- INVESTMENT MANAGERS SER TR I$4.9M
- KENNAMETAL INC$2.5M
- NICOLET BANKSHARES INC$1.6M
Exited Positions
- INGERSOLL RAND INC$3.5M
- BROWN & BROWN INC$2.8M
- SYNCHRONY FINANCIAL$2.7M
- ISHARES TR$1.6M
- PAYCOM SOFTWARE INC$496.9K
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | DIMENSIONAL ETF TRUST | DFAI | 25434V203 | $56.9M | 8.32% | 1,460,459 | SH |
| 2 | APPLE INC | AAPL | 037833100 | $38.2M | 5.59% | 150,584 | SH |
| 3 | NVIDIA CORPORATION | NVDA | 67066G104 | $32.4M | 4.74% | 185,768 | SH |
| 4 | MICROSOFT CORP | MSFT | 594918104 | $26.4M | 3.86% | 71,343 | SH |
| 5 | ALPHABET INC | GOOG | 02079K107 | $21.5M | 3.15% | 75,047 | SH |
| 6 | AMAZON COM INC | AMZN | 023135106 | $19.0M | 2.78% | 91,166 | SH |
| 7 | PIMCO ETF TR | CMDT | 72201R593 | $16.3M | 2.39% | 505,934 | SH |
| 8 | SSGA ACTIVE ETF TR | RLY | 78467V103 | $15.2M | 2.23% | 421,698 | SH |
| 9 | BROADCOM INC | AVGO | 11135F101 | $14.3M | 2.10% | 46,320 | SH |
| 10 | JPMORGAN CHASE & CO | JPM | 46625H100 | $13.7M | 2.01% | 46,653 | SH |
| 11 | META PLATFORMS INC | META | 30303M102 | $12.8M | 1.88% | 22,401 | SH |
| 12 | J P MORGAN EXCHANGE TRADED F | JEPI | 46641Q332 | $12.0M | 1.76% | 211,674 | SH |
| 13 | BERKSHIRE HATHAWAY INC DEL | BRK.A | 084670108 | $11.5M | 1.68% | 16 | SH |
| 14 | ELI LILLY & CO | LLY | 532457108 | $8.8M | 1.29% | 9,582 | SH |
| 15 | ALPHABET INC | GOOGL | 02079K305 | $8.2M | 1.20% | 28,484 | SH |
| 16 | EXXON MOBIL CORP | XOM | 30231G102 | $7.4M | 1.08% | 43,494 | SH |
| 17 | NEXTERA ENERGY INC | NEE | 65339F101 | $7.0M | 1.02% | 75,367 | SH |
| 18 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $6.9M | 1.00% | 14,300 | SH |
| 19 | RTX CORPORATION | RTX | 75513E101 | $6.8M | 1.00% | 35,356 | SH |
| 20 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $6.4M | 0.94% | 6,466 | SH |
| 21 | WALMART INC | WMT | 931142103 | $6.3M | 0.92% | 50,618 | SH |
| 22 | MASTERCARD INCORPORATED | MA | 57636Q104 | $6.1M | 0.89% | 12,127 | SH |
| 23 | AMGEN INC | AMGN | 031162100 | $5.8M | 0.85% | 16,537 | SH |
| 24 | TESLA INC | TSLA | 88160R101 | $5.5M | 0.81% | 14,869 | SH |
| 25 | ABBOTT LABORATORIES | ABT | 002824100 | $5.5M | 0.80% | 53,456 | SH |
| 26 | INVESTMENT MANAGERS SER TR I | PPI | 46141T117 | $4.9M | 0.72% | 236,350 | SH |
| 27 | PEPSICO INC | PEP | 713448108 | $4.9M | 0.71% | 31,399 | SH |
| 28 | EOG RES INC | EOG | 26875P101 | $4.7M | 0.69% | 32,679 | SH |
| 29 | ABBVIE INC | ABBV | 00287Y109 | $4.5M | 0.66% | 20,823 | SH |
| 30 | SCHWAB CHARLES CORP | SCHW | 808513105 | $4.4M | 0.65% | 47,242 | SH |
| 31 | MASTEC INC | MTZ | 576323109 | $4.4M | 0.65% | 13,744 | SH |
| 32 | WELLS FARGO & CO | WFC | 949746101 | $4.4M | 0.64% | 54,806 | SH |
| 33 | CSX CORP | CSX | 126408103 | $4.4M | 0.64% | 105,971 | SH |
| 34 | CHEVRON CORPORATION | CVX | 166764100 | $4.3M | 0.63% | 20,655 | SH |
| 35 | SOUTHERN CO | SO | 842587107 | $4.1M | 0.60% | 42,532 | SH |
| 36 | CHUBB LTD SWITZ | CB | H1467J104 | $4.1M | 0.59% | 12,467 | SH |
| 37 | AMETEK INC | AME | 031100100 | $4.0M | 0.58% | 18,545 | SH |
| 38 | WASTE MGMT INC DEL | WM | 94106L109 | $3.9M | 0.58% | 17,179 | SH |
| 39 | COCA COLA CO | KO | 191216100 | $3.9M | 0.57% | 51,628 | SH |
| 40 | CORNING INC | GLW | 219350105 | $3.9M | 0.57% | 28,835 | SH |
| 41 | CME GROUP INC | CME | 12572Q105 | $3.8M | 0.55% | 12,787 | SH |
| 42 | MORGAN STANLEY | MS | 617446448 | $3.8M | 0.55% | 22,839 | SH |
| 43 | LINDE PLC | LIN | G54950103 | $3.7M | 0.55% | 7,559 | SH |
| 44 | AMPHENOL CORP | APH | 032095101 | $3.7M | 0.55% | 29,499 | SH |
| 45 | BLACKROCK INC | BLK | 09290D101 | $3.7M | 0.54% | 3,824 | SH |
| 46 | VANGUARD INDEX FDS | VOO | 922908363 | $3.7M | 0.54% | 6,138 | SH |
| 47 | HOME DEPOT INC | HD | 437076102 | $3.6M | 0.53% | 11,066 | SH |
| 48 | VANGUARD INDEX FDS | VTI | 922908769 | $3.6M | 0.53% | 11,189 | SH |
| 49 | OREILLY AUTOMOTIVE INC | ORLY | 67103H107 | $3.5M | 0.50% | 37,382 | SH |
| 50 | ORACLE CORP | ORCL | 68389X105 | $3.4M | 0.50% | 23,004 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-08 | $683.5M | 261 | 0001172661-26-001630 |
| 2025-12-31 | 2026-02-04 | $727.3M | 261 | 0001172661-26-000464 |