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Hilltop National Bank — 13F Holdings & Portfolio

CIK 2021658 · latest 13F-HR filed 2026-10-14

Backtest portfolio

Hilltop National Bank manages $464.9M in 13F-reported U.S. long-equity assets across 1,053 reported positions as of its 2026-09-30 13F-HR filing. Its largest disclosed positions are MSFT (6.74%), VOO (3.32%), INFL (3.24%). Quarter over quarter (versus its 2026-06-30 filing) the fund opened 42 new positions and exited 61; 191 existing positions rose in reported value and 364 fell.

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.

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AUM
$464.9M

Long-equity book

Holdings
1,053

Distinct positions

Period
2026-09-30

Filed 2026-10-14

Q/Q Activity
+42 / −61 / ↑191 / ↓364

vs 2026-06-30

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q3 26
MSFT7.3% · +1%EFA4.3% · +5%VOO3.4% · 0%INFL3.2% · +7%NVDA3.2% · +1%AAPL3.0% · +2%IVV2.2% · -4%RSP1.7% · 0%VWO1.6% · +11%VOE1.6% · -2%IAU1.6% · +29%TSM1.5% · -1%IJH1.3% · 0%LLY1.3% · -0%IWP1.3% · -0%ANET1.3% · -1%BRK.B1.2% · +1%MRVL1.2% · -1%VBR1.0% · +0%STX1.0% · -16%VBK0.9% · -0%PWR0.9% · -1%QQQ0.9% · -4%IVW0.9% · +1%AVGO0.9% · -8%BRK.A0.8% · 0%SPY0.8% · -4%MU0.8% · -9%VTV0.8% · +1%JPM0.8% · -7%DELL0.7% · -9%META0.7% · +4%COST0.7% · -3%JNJ0.7% · -4%SCHD0.6% · +115%PSX0.6% · -6%TT0.6% · -1%GLW0.6% · -9%WMT0.6% · -5%NFLX0.5% · -1%AMZN0.5% · -0%AMP0.5% · -1%KLAC0.5% · -10%GOOGL0.5% · -5%AXP0.5% · -0%SO0.5% · -3%PANW0.5% · -0%VO0.5% · +1%SHEL0.5% · -0%BX0.5% · -3%CAT0.4% · -14%TXN0.4% · -3%IJR0.4% · -4%PEP0.4% · -4%XLK0.4% · 0%UNH0.4% · -1%DE0.4% · -8%CSCO0.4% · -9%CSX0.4% · +1%MA0.4% · +5%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q2 26 → Q3 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 31.6%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

Name Title / Status Ownership Type

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 191 →

Top Trims

Show all 364 →

New Positions

Show all 42 →

Exited Positions

Show all 61 →

Hilltop National Bank Holdings (2026-09-30)

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 MICROSOFT CORP MSFT 594918104 $31.3M 6.74% 61,101 SH
2 VANGUARD INDEX FDS VOO 922908363 $15.5M 3.32% 22,045 SH
3 LISTED FDS TR INFL 53656F623 $15.0M 3.24% 300,110 SH
4 ISHARES TR EFA 464287465 $11.4M 2.46% 110,180 SH
5 APPLE INC AAPL 037833100 $10.7M 2.30% 32,041 SH
6 NVIDIA CORPORATION NVDA 67066G104 $9.0M 1.94% 39,535 SH
7 ISHARES TR EFA 464287465 $8.7M 1.88% 83,900 SH
8 INVESCO EXCHANGE TRADED FD T RSP 46137V357 $7.9M 1.70% 38,025 SH
9 ISHARES TR IVV 464287200 $7.7M 1.66% 10,063 SH
10 ISHARES GOLD TR IAU 464285204 $7.4M 1.59% 94,397 SH
11 NVIDIA CORPORATION NVDA 67066G104 $5.9M 1.27% 25,813 SH
12 VANGUARD INTL EQUITY INDEX F VWO 922042858 $5.5M 1.18% 92,448 SH
13 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $5.4M 1.16% 10,805 SH
14 VANGUARD INDEX FDS VOE 922908512 $4.3M 0.93% 22,173 SH
15 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $3.9M 0.84% 8,604 SH
16 SEAGATE TECHNOLOGY HLDNGS PL STX G7997R103 $3.9M 0.84% 4,252 SH
17 INVESCO QQQ TR QQQ 46090E103 $3.8M 0.81% 5,108 SH
18 BERKSHIRE HATHAWAY INC DEL BRK.A 084670108 $3.7M 0.80% 5 SH
19 STATE STR SPDR S&P 500 ETF T SPY 78462F103 $3.5M 0.75% 4,579 SH
20 ISHARES TR IWP 464287481 $3.4M 0.73% 24,482 SH
21 ELI LILLY & CO LLY 532457108 $3.2M 0.70% 2,794 SH
22 APPLE INC AAPL 037833100 $3.2M 0.69% 9,685 SH
23 BROADCOM INC AVGO 11135F101 $3.2M 0.69% 9,103 SH
24 ISHARES TR IJH 464287507 $3.1M 0.68% 43,683 SH
25 VANGUARD INDEX FDS VOE 922908512 $3.1M 0.67% 15,960 SH
26 ARISTA NETWORKS INC ANET 040413205 $3.1M 0.67% 15,219 SH
27 SCHWAB STRATEGIC TR SCHD 808524797 $3.0M 0.65% 92,770 SH
28 ISHARES TR IJH 464287507 $2.9M 0.63% 40,884 SH
29 MARVELL TECHNOLOGY INC MRVL 573874104 $2.9M 0.63% 11,119 SH
30 TAIWAN SEMICONDUCTOR MANUFAC TSM 874039100 $2.9M 0.63% 6,375 SH
31 ELI LILLY & CO LLY 532457108 $2.8M 0.61% 2,454 SH
32 VANGUARD INDEX FDS VBR 922908611 $2.8M 0.61% 12,278 SH
33 ARISTA NETWORKS INC ANET 040413205 $2.7M 0.59% 13,488 SH
34 VANGUARD INDEX FDS VBK 922908595 $2.7M 0.58% 7,948 SH
35 MARVELL TECHNOLOGY INC MRVL 573874104 $2.6M 0.57% 9,960 SH
36 MICROSOFT CORP MSFT 594918104 $2.6M 0.56% 5,069 SH
37 ISHARES TR IWP 464287481 $2.6M 0.55% 18,551 SH
38 WALMART INC WMT 931142103 $2.4M 0.52% 23,145 SH
39 ISHARES TR IVV 464287200 $2.4M 0.51% 3,099 SH
40 MICRON TECHNOLOGY INC MU 595112103 $2.3M 0.49% 2,149 SH
41 VANGUARD INDEX FDS VTV 922908744 $2.3M 0.49% 10,574 SH
42 ISHARES TR IVW 464287309 $2.2M 0.48% 15,622 SH
43 JOHNSON & JOHNSON JNJ 478160104 $2.2M 0.48% 8,389 SH
44 JPMORGAN CHASE & CO JPM 46625H100 $2.2M 0.47% 6,662 SH
45 QUANTA SVCS INC PWR 74762E102 $2.2M 0.47% 3,418 SH
46 META PLATFORMS INC META 30303M102 $2.1M 0.46% 2,957 SH
47 VANGUARD INTL EQUITY INDEX F VWO 922042858 $2.1M 0.44% 34,873 SH
48 KLA CORP KLAC 482480100 $2.0M 0.42% 10,100 SH
49 DELL TECHNOLOGIES INC DELL 24703L202 $2.0M 0.42% 3,656 SH
50 VANGUARD INDEX FDS VBR 922908611 $2.0M 0.42% 8,459 SH
Filing History
Period Filed AUM Holdings Accession
2026-09-30 2026-10-14 $464.9M 1,053 0002021658-26-000006
2026-06-30 2026-07-02 $468.4M 1,072 0002021658-26-000003
2026-03-31 2026-04-02 $420.5M 1,068 0002021658-26-000002
2025-12-31 2026-01-07 $413.6M 1,040 0002021658-26-000001
Filer Information
Address
P O BOX 2680
CASPER, WY 82602
Phone
(307) 577-3467
Filing Manager
Hilltop National Bank
CASPER, WY
Signatory
Spencer Lacey
Operations Manager