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VOL. XII · NO. 117Established MMXIV · George Town, Grand CaymanAtlantic Edition · $4.50

The Cayman Journal

Finance · Business · Technology · Caribbean & Global Affairs
13F HOLDINGS REPORT

FIRST NATIONAL BANK SIOUX FALLS

Quarter ended Q3 2025 · Filed October 21, 2025 · Accession 0001085041-25-000006

Total Value
$320.7M
Positions
171
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (171)

#IssuerTicker / CUSIPSharesValue% of Filing
1JPMorgan Mortgage-Backed Securities ETF46654Q575571,635$29.2M9.09%
2Vanguard 500 Index Fund ETF92290836342,035$25.7M8.03%
3Avantis International Equity ETF025072703269,058$21.2M6.62%
4iShares Core MSCI International46435G326239,586$19.2M5.99%
5Avantis US Large Cap Value ETF025072349211,255$15.3M4.76%
6Vanguard Mid-Cap Index ETF92290862945,155$13.3M4.14%
7Vanguard Value ETF92290874453,695$10.0M3.12%
8Invesco S&P 500 Equal Weight ETFIVZ52,089$9.9M3.08%
9Dimensional World EX US Core Equity 2 ETF25434V880308,472$9.7M3.02%
10Dimensional US Small Cap ETF25434V500131,112$9.0M2.80%
11Schwab U.S. Large-Cap Growth ETF808524300270,876$8.6M2.70%
12Avantis US Small Cap Value ETF02507287772,536$7.2M2.25%
13Avantis Intl Small Cap Value ETF02507280267,742$6.0M1.88%
14Dimensional US Marketwide Value ETF25434V724134,254$6.0M1.87%
15Apple IncAAPL21,707$5.5M1.72%
16Berkshire Hathaway Inc Class BBRK-A10,447$5.3M1.64%
17Amazon Com IncAMZN23,280$5.1M1.59%
18Visa IncV12,749$4.4M1.36%
19Apollo Global Management Inc03769M10627,607$3.7M1.15%
20Microsoft CorpMSFT6,961$3.6M1.12%
21SPDR S&P 500 ETF TrustSPY5,029$3.4M1.04%
22IShares Russell 1000 Growth Index Fund4642876147,013$3.3M1.02%
23Dimensional International Core Equity Market ETF25434V20390,364$3.3M1.02%
24Oracle CorpORCL-PD10,596$3.0M0.93%
25Wells Fargo & Co94974610133,125$2.8M0.87%
26Blackstone IncBX15,606$2.7M0.83%
27J P Morgan Chase & CoVYLD7,940$2.5M0.78%
28Alphabet Inc Capital Stock Class AGOOG9,214$2.2M0.70%
29Exxon Mobil CorpXOM19,662$2.2M0.69%
30IShares Russell MidCap Growth46428748115,290$2.2M0.68%
31Caterpillar IncCAT4,493$2.1M0.67%
32Simplify MBS ETF82889N52538,113$1.9M0.60%
33Avantis US Mid Cap Value ETF02507213327,486$1.9M0.59%
34KKR & Company IncKKRT13,637$1.8M0.55%
35Vanguard FTSE Developed Markets Index Fund ETF92194385829,040$1.7M0.54%
36Uber Technologies IncUBER17,091$1.7M0.52%
37Vanguard Growth Vipers Fund ETF9229087363,388$1.6M0.51%
38Mastercard IncMA2,731$1.6M0.48%
39AbbVie IncABBV6,534$1.5M0.47%
40CSX CorpCSX40,500$1.4M0.45%
41Bank of America Corp06050510427,636$1.4M0.44%
42iShares S&P 500 Growth ETF46428730910,967$1.3M0.41%
43Sherwin Williams CoSHW3,681$1.3M0.40%
44IShares National Muni Bond ETF46428841411,870$1.3M0.39%
45Meta Platforms IncMETA1,637$1.2M0.37%
46West Pharmaceutical Services Inc9553061054,477$1.2M0.37%
47Union Pacific CorpUNP4,942$1.2M0.36%
48Pepsico IncPEP8,033$1.1M0.35%
49Walt Disney Co/The2546871069,839$1.1M0.35%
50IShares Russell 2000 Growth Fund4642876483,159$1.0M0.32%
51Blackrock Taxable Municipal Bond TrustBLK58,446$970,2040.30%
52Eli Lilly & CoLLY1,257$959,0910.30%
53Vanguard High Dividend Yield ETF9219464066,691$943,0960.29%
54Danaher Corp2358511024,521$896,3330.28%
55Dimensional US Core Equity Market ETF25434V10419,461$890,5350.28%
56TJX Companies Inc8725401096,139$887,3310.28%
57Philip Morris International7181721095,460$885,6120.28%
58Expedia Group IncEXPE4,079$871,8860.27%
59ASML Holding NVASMLF898$869,3450.27%
60Ishares Core MSCI EAFE ETF46432F8429,167$800,3710.25%
61IShares Core S&P Mid-Cap ETF46428750712,259$800,0220.25%
62Alphabet Inc Cap Stk Class CGOOG3,251$791,7810.25%
63WisdomTree U.S. Value FundWT8,696$791,4230.25%
64Chevron CorpCVX4,880$757,8150.24%
65O'Reilly Automotive Inc67103H1076,736$726,2080.23%
66The Travelers Companies IncTRV2,548$711,4530.22%
67Servicenow IncNOW742$682,8480.21%
68Cummins IncCMI1,600$675,7920.21%
69Procter & Gamble Co7427181094,361$670,0680.21%
70Vornado Realty Trust92904210915,710$636,7260.20%
71Johnson & JohnsonJNJ3,373$625,4220.20%
72SPDR Gold TrustGLD1,755$623,8500.19%
73SPDR S&P 500 ETF TrustSPY900$599,5620.19%
74Coca-Cola CompanyKO8,969$594,8240.19%
75Cisco Systems IncCSCO8,544$584,5800.18%
76Oracle CorpORCL-PD2,000$562,4800.18%
77Starbucks CorporationSBUX6,628$560,7290.17%
78Home Depot IncHD1,367$553,8950.17%
79Caterpillar IncCAT1,160$553,4940.17%
80Lowes Companies Inc5486611072,189$550,1180.17%
81UnitedHealth Group IncUNH1,525$526,5830.16%
82Vanguard Small-Cap Value ETF9229086112,514$524,6970.16%
83Abbott LaboratoriesABLZF3,877$519,2850.16%
84Broadcom IncAVGO1,574$519,2780.16%
85Armstrong World Industries04247X1022,498$489,6330.15%
86Monster BeverageMNST7,200$484,6320.15%
87General Dynamics CorpGD1,407$479,7870.15%
88Simon Property Group Inc8288061092,485$466,3600.15%
89Electronic Arts IncEA2,274$458,6660.14%
90Lockheed Martin CorpLMT918$458,2750.14%
91WisdomTree US Quality Dividend Growth ETFWT5,146$457,7880.14%
92Dollar Tree IncDLTR4,696$443,1620.14%
93IShares MSCI Emerging Markets4642872347,839$418,6030.13%
94Bristol Myers Squibb CoCELG-RI9,274$418,2570.13%
95Cambria Shareholder Yield ETF1320612016,090$418,1390.13%
96McDonalds CorpMCD1,342$407,8200.13%
97Dimensional California Municipal Bond ETF25434V6338,151$406,1240.13%
98Phillips 66PSX2,938$399,6270.12%
99Thermo Fisher Scientific IncTMO813$394,3210.12%
100General Electric3696043011,268$381,4400.12%
101American Electric Power Inc0255371013,375$379,6880.12%
102Nextera Energy IncNEE-PW4,918$371,2600.12%
103International Business MachinesINTR1,312$370,1940.12%
104Vanguard Real Estate ETF9229085534,017$367,2340.11%
105NVIDIA CorpNVDA1,968$367,1890.11%
106Automatic Data Processing IncADP1,197$351,3200.11%
107Black Hills CorpBKH5,483$337,6980.11%
108SPDR Dow Jones Industrial Ave ETF Trust78467X109705$326,9370.10%
109Hingham Institution For Saving4333231021,230$324,4490.10%
110Air Products & Chemicials IncAIIR1,178$321,2640.10%
111iShares Gold TrustIAU4,400$320,1880.10%
112Marathon Petroleum CorpMARA1,653$318,5990.10%
113CENCORA, INC.COR1,000$312,5300.10%
114RTX CorporationRTX1,845$308,7240.10%
115Dollar General2566771052,963$306,2260.10%
116IShares Core S&P 500 ETF464287200449$300,5160.09%
117Salesforce, IncCRM1,207$286,0590.09%
118Elm Market Navigator ETF81752T42910,075$275,3120.09%
119Xcel Energy IncXELLL3,404$274,5330.09%
120Huntington Bancshares IncHBANP15,866$274,0060.09%
121Yum Brands IncYUM1,798$273,2960.09%
122Steven Madden LTD5562691088,100$271,1880.08%
123Deere & CoDE590$269,7830.08%
124Cognizant Technology Solutions CorpCTSH4,000$268,2800.08%
125Blackrock IncBLK228$265,8180.08%
126WalMart IncWMT2,562$264,0400.08%
127Meta Platforms IncMETA350$257,0330.08%
128Adobe Systems IncADBE704$248,3360.08%
129International Business MachinesINTR875$246,8900.08%
130Waste Management Inc94106L1091,102$243,3550.08%
131ConocophillipsCOP2,572$243,2860.08%
132IShares Msci Eafe Index Fund4642874652,574$240,3340.07%
133Emerson Electric CoEMR1,800$236,1240.07%
134Invesco QQQ Trust Series 1 ETFIVZ391$234,7450.07%
135Mastercard IncMA412$234,3500.07%
136Ebay IncEBAY2,553$232,1950.07%
137O'Reilly Automotive Inc67103H1072,100$226,4010.07%
138Apple IncAAPL872$222,0370.07%
139Cardinal Health IncCAH1,355$212,6810.07%
140Vanguard International High Dividend Yield ETF9219467942,500$211,7000.07%
141Sempra EnergySREA2,320$208,7540.07%
142Evergy IncEVRG2,691$204,5700.06%
143Apollo Global Management Inc03769M1061,527$203,5030.06%
144Capital One Financial Corp14040H105955$203,0140.06%
145WalMart IncWMT1,950$200,9670.06%
146GE Vernova LLCGEV321$197,3830.06%
147Johnson & JohnsonJNJ993$184,1220.06%
148Microsoft CorpMSFT300$155,3850.05%
149Berkshire Hathaway Inc Class BBRK-A307$154,3410.05%
150Simplify MBS ETF82889N5253,017$151,9060.05%
151Exxon Mobil CorpXOM1,345$151,6490.05%
152J P Morgan Chase & CoVYLD471$148,5680.05%
153Blackstone IncBX800$136,6800.04%
154Qualcomm IncQCOM750$124,7700.04%
155General Electric369604301395$118,8240.04%
156Qualcomm IncQCOM645$107,3020.03%
157Alphabet Inc Capital Stock Class AGOOG400$97,2400.03%
158Simon Property Group Inc828806109450$84,4520.03%
159Bank of America Corp0605051041,600$82,5440.03%
160ASML Holding NVASMLF81$78,4150.02%
161Monster BeverageMNST1,110$74,7140.02%
162JPMorgan Mortgage-Backed Securities ETF46654Q5751,437$73,2870.02%
163IShares National Muni Bond ETF464288414681$72,5200.02%
164West Pharmaceutical Services Inc955306105250$65,5830.02%
165Amazon Com IncAMZN287$63,0170.02%
166GE Vernova LLCGEV98$60,2600.02%
167Emerson Electric CoEMR301$39,4850.01%
168Lockheed Martin CorpLMT75$37,4410.01%
169Walt Disney Co/The254687106270$30,9150.01%
170Vanguard FTSE Developed Markets Index Fund ETF921943858400$23,9680.01%
171Envirochem, Inc29403U10527,500$30.00%