13F COMBINATION REPORT

First International Bank & Trust

Quarter ended Q2 2025 · Filed July 8, 2025 · Accession 0000930413-25-002128

Total Value

$287.5M

Positions

Other Managers

Confidential Omitted

View on SEC.gov

Holdings (95)

#	Issuer	Ticker / CUSIP	Shares	Value	% of Filing
1	ANFIELD CAPITAL UNIVERSAL FIXED INCOME	90214Q766	7,505,926	$69.9M	24.32%
2	INVESCO EXCHANGE TRADED FD TR	IVZ	557,704	$39.7M	13.82%
3	STATE STREET SPDR MULTI-ASSET REAL RETURN	78467V103	758,186	$22.1M	7.67%
4	WisdomTree Japan Hedged Equity Fund	WT	141,419	$16.2M	5.62%
5	STATE STREET SPDR S&P 500 INDEX	SPY	25,998	$16.1M	5.59%
6	ANFIELD CAPITAL US EQUITY SECTOR ROTATION	90214Q733	712,920	$13.5M	4.70%
7	BLACKROCK ISHARES US SMALL-CAP EQUITY FACTOR	46434V290	172,337	$11.7M	4.07%
8	INVESCO S&P MID-CAP QUALITY	IVZ	109,058	$10.7M	3.73%
9	FIRST TRUST LOW DURATION OPPORTUNITIES	33739Q200	204,904	$10.1M	3.51%
10	JP MORGAN ULTRA-SHORT INCOME	46641Q837	111,573	$5.7M	1.97%
11	BLACKROCK ISHARES ULTRA SHORT-TERM BOND	46434V878	111,382	$5.6M	1.96%
12	STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL	78468R663	61,270	$5.6M	1.96%
13	BERKSHIRE HATHAWAY INC. DEL CL A	BRK-A	5	$3.6M	1.27%
14	PIMCO INTERMEDIATE MUNICIPAL BOND ACTIVE	72201R866	57,498	$3.0M	1.03%
15	JANUS HENDERSON AAA CLO	47103U845	57,341	$2.9M	1.01%
16	SCHWAB US SMALL-CAP	808524607	114,743	$2.9M	1.01%
17	ANFIELD CAPITAL UNIVERSAL FIXED INCOME	90214Q766	309,890	$2.9M	1.00%
18	STATE STREET SPDR S&P 400 MID-CAP	78464A847	47,830	$2.6M	0.90%
19	MICROSOFT	MSFT	5,103	$2.5M	0.88%
20	STATE STREET SPDR S&P 500 INDEX	SPY	3,655	$2.3M	0.79%
21	STATE STREET SPDR NUVEEN BLMBERG SHORT TERM MUNI	78468R739	45,725	$2.2M	0.76%
22	BLACKROCK ISHARES NATIONAL MUNICIPAL BOND	464288414	20,006	$2.1M	0.73%
23	BLACKROCK ISHARES 1-5 YEAR INVESTMENT GRADE	464288646	33,249	$1.8M	0.61%
24	VANECK MORNINGSTAR WIDE MOAT	92189F643	16,445	$1.5M	0.54%
25	ALKAMI TECHNOLOGY INC	ALKT	46,310	$1.4M	0.49%
26	STATE STREET SPDR MULTI-ASSET REAL RETURN	78467V103	46,813	$1.4M	0.47%
27	COSTCO WHOLESALE CORPORATION	22160K105	1,320	$1.3M	0.45%
28	AMERICAN EXPRESS CO	AXP	3,500	$1.1M	0.39%
29	WAL-MART STORES, INC	WMT	10,000	$977,800	0.34%
30	VANGUARD REAL ESTATE INDEX	922908553	10,687	$951,784	0.33%
31	WisdomTree Japan Hedged Equity Fund	WT	8,261	$943,984	0.33%
32	WAL-MART STORES, INC	WMT	8,561	$837,095	0.29%
33	INVESCO EXCHANGE TRADED FD TR	IVZ	11,670	$831,604	0.29%
34	AUTOMATIC DATA PROCESSING	ADP	2,453	$756,505	0.26%
35	BERKSHIRE HATHAWAY INC DEL CL B NEW	BRK-A	1,556	$755,858	0.26%
36	ABRDN PLATINUM ETF TRUST	PPLT	6,145	$755,036	0.26%
37	BERKSHIRE HATHAWAY INC DEL CL B NEW	BRK-A	1,500	$728,655	0.25%
38	AMAZON INC COMMON	AMZN	3,280	$719,599	0.25%
39	VANGUARD GROWTH INDEX	922908736	1,511	$662,422	0.23%
40	CHEVRON CORPORATION COMMON	CVX	4,500	$644,355	0.22%
41	ANFIELD CAPITAL US EQUITY SECTOR ROTATION	90214Q733	33,376	$632,475	0.22%
42	DEERE & COMPANY	DE	1,232	$626,460	0.22%
43	VANECK MORNINGSTAR WIDE MOAT	92189F643	6,094	$571,556	0.20%
44	STATE STREET SPDR TECHNOLOGY	81369Y803	2,178	$551,535	0.19%
45	INVESCO S&P MID-CAP QUALITY	IVZ	5,540	$544,250	0.19%
46	BLACKROCK ISHARES 1-5 YEAR INVESTMENT GRADE	464288646	10,211	$538,732	0.19%
47	BLACKROCK ISHARES US SMALL-CAP EQUITY FACTOR	46434V290	7,907	$537,281	0.19%
48	ISHARES SILVER TRUST ISHARES	SLV	16,066	$527,125	0.18%
49	APPLE INC	AAPL	2,500	$512,925	0.18%
50	APPLE INC	AAPL	2,450	$502,667	0.17%
51	AMERICAN EXPRESS CO	AXP	1,571	$501,118	0.17%
52	GOLDMAN SACHS ACTIVEBETA US LARGE CAP EQUITY	NVGLF	3,623	$439,760	0.15%
53	DEERE & COMPANY	DE	857	$435,776	0.15%
54	COSTCO WHOLESALE CORPORATION	22160K105	403	$398,946	0.14%
55	iShares Floating Rate Bond ETF	46429B655	7,742	$394,997	0.14%
56	JANUS HENDERSON AAA CLO	47103U845	7,667	$389,100	0.14%
57	VERIZON COMMUNICATIONS	VZ	8,641	$373,896	0.13%
58	STATE STREET SPDR S&P 400 MID-CAP	78464A847	6,863	$373,210	0.13%
59	VISA INC	V	1,000	$355,050	0.12%
60	VANGUARD VALUE INDEX FUND	922908744	1,952	$344,996	0.12%
61	CISCO SYSTEMS	CSCO	4,860	$337,187	0.12%
62	STATE STREET SPDR HEALTH CARE	81369Y209	2,452	$330,505	0.11%
63	STATE STREET SPDR COMMUNICATION	81369Y852	2,845	$308,768	0.11%
64	STATE STREET SPDR FINANCIAL	81369Y605	5,649	$295,838	0.10%
65	FIRST TRUST LOW DURATION OPPORTUNITIES	33739Q200	5,922	$291,718	0.10%
66	INVESCO FUNDAMENTAL HIGH YIELD CORPORATE BOND	IVZ	15,761	$290,948	0.10%
67	LOWES COMPANIES INC	548661107	1,303	$289,097	0.10%
68	PHILIP MORRIS INTL INC COM	718172109	1,526	$277,930	0.10%
69	AMGEN INC	AMGN	944	$263,574	0.09%
70	INTL BUSINESS MACHINES	INTR	881	$259,701	0.09%
71	ORACLE CORPORATION	ORCL-PD	1,174	$256,672	0.09%
72	AFLAC INC	AFL	2,312	$243,824	0.08%
73	COCA COLA	KO	3,200	$226,400	0.08%
74	MCDONALD'S CORPORATION	MCD	773	$225,847	0.08%
75	LOCKHEED MARTIN CORPORATION	LMT	482	$223,233	0.08%
76	CENTERSPACE	CSR	3,693	$222,282	0.08%
77	BLACKROCK ISHARES RUSSELL MID-CAP GROWTH	464287481	1,514	$209,962	0.07%
78	THE BOEING COMPANY	BA-PA	1,000	$209,530	0.07%
79	SCHWAB US SMALL-CAP	808524607	8,017	$202,830	0.07%
80	ABBOTT LABORATORIES	ABLZF	1,471	$200,071	0.07%
81	EXXON MOBIL CORP	XOM	1,300	$140,140	0.05%
82	PFIZER INC	PFE	5,601	$135,768	0.05%
83	WALT DISNEY CO	254687106	1,000	$124,010	0.04%
84	WALT DISNEY CO	254687106	680	$84,327	0.03%
85	EXXON MOBIL CORP	XOM	755	$81,389	0.03%
86	PFIZER INC	PFE	3,161	$76,623	0.03%
87	VERIZON COMMUNICATIONS	VZ	1,731	$74,900	0.03%
88	STATE STREET SPDR BLOOMBERG 1-3 MONTH T-BILL	78468R663	600	$55,038	0.02%
89	AMAZON INC COMMON	AMZN	250	$54,848	0.02%
90	VISA INC	V	55	$19,528	0.01%
91	CENTERSPACE	CSR	167	$10,052	0.00%
92	INTL BUSINESS MACHINES	INTR	18	$5,306	0.00%
93	AFLAC INC	AFL	33	$3,480	0.00%
94	MCDONALD'S CORPORATION	MCD	9	$2,630	0.00%
95	AMGEN INC	AMGN	9	$2,513	0.00%