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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

HTLF Bank

Quarter ended Q4 2024 · Filed January 28, 2025 · Accession 0002003343-25-000002

Total Value
$884.8M
Positions
345
Other Managers
0
Confidential Omitted
No
View on SEC.gov

Holdings (345)

#IssuerTicker / CUSIPSharesValue% of Filing
1Vanguard ETF/USA922908736166,816$68.5M7.74%
2Heartland Financial USA Inc42234Q1021,038,470$63.7M7.19%
3Vanguard ETF/USA922908744371,699$62.9M7.11%
4Van Eck Associates Corp92189H2011,235,344$56.9M6.44%
5ISHARES464288877639,275$33.5M3.79%
6BlackRock Fund Advisors464288885339,582$32.9M3.72%
7SSgA Funds Management Inc78468R739630,796$29.9M3.38%
8Apple IncAAPL99,495$24.9M2.82%
9MICROSOFT CORPMSFT47,648$20.1M2.27%
10INDEXIQ ETF TRUST/USA45409B107583,035$18.3M2.07%
11JP Morgan ETFs/USA46641Q332290,527$16.7M1.89%
12Vanguard ETF/USA921937835206,512$14.9M1.68%
13Franklin LibertyShares ETFs/USFGDL264,796$14.7M1.66%
14ALPHABET INCGOOG72,360$13.7M1.55%
15VANGUARD ETF/USA922042858309,739$13.6M1.54%
16Vanguard Group Inc/The92290859545,654$12.8M1.44%
17VANGUARD ETF/USA92290861161,211$12.1M1.37%
18Broadcom IncAVGO50,806$11.8M1.33%
19JPMorgan Chase & CoVYLD47,184$11.3M1.28%
20Amazon.com IncAMZN47,434$10.4M1.18%
21SSGA FUNDS MANAGEMENT INC78464A375301,385$9.9M1.12%
22ORACLE CORPORCL-PD53,584$8.9M1.01%
23Walmart IncWMT96,666$8.7M0.99%
24RTX CorpRTX68,516$7.9M0.90%
25Invesco ETFs/USAIVZ279,676$7.8M0.88%
26SSgA Funds Management Inc78468R62280,393$7.7M0.87%
27Chevron CorpCVX50,986$7.4M0.83%
28Johnson & JohnsonJNJ50,598$7.3M0.83%
29COLUMBIA MANAGEMENT INVESTMENT ADVISERS LLC895436103216,591$6.9M0.78%
30Amgen IncAMGN26,131$6.8M0.77%
31SSgA Funds Management IncSPY11,287$6.6M0.75%
32VANGUARD ETF/USA92290876922,755$6.6M0.75%
33CISCO SYSTEMSCSCO107,086$6.3M0.72%
34ISHARES TRUST46428745775,457$6.2M0.70%
35BlackRock Fund Advisors464288372116,523$6.1M0.69%
36LOWE'S COS INC54866110722,828$5.6M0.64%
37Invesco ETFs/USAIVZ52,103$5.5M0.62%
38AbbVie IncABBV29,783$5.3M0.60%
39UTD PARCEL SERVUPS40,787$5.1M0.58%
40Costco Wholesale Corp22160K1055,466$5.0M0.57%
41ADAMS EXPRESS COMPANY006212104245,248$5.0M0.56%
42ING Groep NVINGVF308,199$4.8M0.55%
43SELECT SECTOR SPDR81369Y88663,743$4.8M0.55%
44ISHARES4642872008,193$4.8M0.55%
45Berkshire Hathaway IncBRK-A10,640$4.8M0.55%
46STATE STREET ETF/USA78464A284184,228$4.7M0.53%
47STARBUCKS CORPSBUX51,555$4.7M0.53%
48Procter & Gamble Co/The74271810928,056$4.7M0.53%
49VISA INCV14,529$4.6M0.52%
50Medtronic PLCMDT57,473$4.6M0.52%
51Industrial Logistics Propertie4562371061,226,587$4.5M0.51%
52Home Depot Inc/TheHD11,137$4.3M0.49%
53BlackRock Fund Advisors46428858846,340$4.2M0.48%
54Vanguard ETF/USA92290855346,660$4.2M0.47%
55Dell Technologies IncDELL35,216$4.1M0.46%
56iShares ETFs/USA46434V87874,564$3.8M0.42%
57BlackRock Fund Advisors46428828136,961$3.3M0.37%
58WELLS FARGO & CO94974610141,444$2.9M0.33%
59BLACKSTONE SECD LNBX88,621$2.9M0.32%
60Alphabet IncGOOG14,958$2.8M0.32%
61MORGAN STANLEYMS-PQ22,485$2.8M0.32%
62PEPSICO INCPEP17,866$2.7M0.31%
63MCDONALD'S CORPMCD9,045$2.6M0.30%
64SELECT SECTOR SPDR81369Y10026,642$2.2M0.25%
65BlackRock Fund Advisors46428815821,120$2.2M0.25%
66Vanguard ETF/USA9219325055,814$2.1M0.24%
67Exxon Mobil CorpXOM19,177$2.1M0.23%
68Prologis IncPLDGP18,191$1.9M0.22%
69Coca-Cola Co/TheKO28,702$1.8M0.20%
70VANGUARD ETF/USA92190976830,195$1.8M0.20%
71Postal Realty Trust IncPSTL130,052$1.7M0.19%
72ISHARES TRUST46428869521,381$1.7M0.19%
73Van Eck Associates Corp92189H20135,247$1.6M0.18%
74VANGUARD ETF/USA9229087694,979$1.4M0.16%
753M CoMMM11,020$1.4M0.16%
76SSgA Funds Management Inc78464A67250,762$1.4M0.16%
77Vanguard Group Inc/The9229086375,066$1.4M0.15%
78Agree Realty Corp00849210019,055$1.3M0.15%
79VANGUARD GROUP INC/THE92203J40726,406$1.3M0.15%
80Vanguard ETF/USA9229087363,018$1.2M0.14%
81VANGUARD ETF/USA92206C40915,794$1.2M0.14%
82VANGUARD WHITEHALL9219464069,384$1.2M0.14%
83GOLDMAN SACHS GRPGSCE2,062$1.2M0.13%
84AMER EXPRESS COAXP3,968$1.2M0.13%
85Vanguard ETF/USA9229087446,586$1.1M0.13%
86Honeywell International Inc4385161064,872$1.1M0.12%
87ISHARES/USA46428841410,113$1.1M0.12%
88Hubbell IncHUBB2,490$1.0M0.12%
89NVIDIA CorpNVDA7,754$1.0M0.12%
90JP Morgan ETFs/USA46641Q85221,569$1.0M0.12%
91Runway Growth Finance CorpRWAYL88,258$967,3080.11%
92Vanguard ETF/USA92194385820,071$959,7950.11%
93Apple IncAAPL3,768$943,5830.11%
94United Rentals IncURI1,245$877,0280.10%
95VANGUARD ETF/USA9219088444,462$873,7930.10%
96ISHARES4642876553,940$870,5820.10%
97Nuveen Closed-End Funds/USANU60,313$843,7790.10%
98Vanguard Group Inc/The9229086524,424$840,4720.09%
99Nushares ETF TrustNU20,026$788,4240.09%
100ISHARES46428887714,275$749,0090.08%
101BlackRock Fund Advisors4642888857,727$748,2050.08%
102Meta Platforms IncMETA1,270$743,5980.08%
103Invesco Capital Management LLCIVZ16,000$733,7600.08%
104BlackRock Fund Advisors4642876222,230$718,4170.08%
105UnitedHealth Group IncUNH1,414$715,2860.08%
106Pfizer IncPFE26,945$714,8510.08%
107Nushares ETF TrustNU8,261$709,1240.08%
108ISHARES ETFS/USA46435G5169,293$707,5690.08%
109Thermo Fisher Scientific IncTMO1,346$700,2300.08%
110APPLIED MATERIALS0382221054,275$695,2430.08%
111Dimensional ETF Trust25434V50010,582$688,6770.08%
112CONOCOPHILLIPSCOP6,612$655,7120.07%
113MASTERCARD INCMA1,240$652,9470.07%
114FLEXSHARES TRFLEX2,936$634,0450.07%
115VANGUARD ETF/USA92204A7021,014$630,5050.07%
116DEERE & CODE1,486$629,6180.07%
117Starwood Property Trust IncSTHO32,638$618,4900.07%
118ALPHABET INCGOOG3,254$615,9820.07%
119TRAVELERS CO INCTRV2,513$605,3570.07%
120Eli Lilly & CoLLY777$599,8440.07%
121Abbott LaboratoriesABLZF5,241$592,8100.07%
122Assurant IncAIZN2,716$579,1060.07%
123MOODYS CORPMCO1,188$562,3640.06%
124VANGUARD9229083631,035$557,6680.06%
125BlackRock Fund Advisors46428824010,425$543,7680.06%
126Palo Alto Networks IncPANW2,956$537,8740.06%
127SSgA Funds Management Inc78468R73911,277$534,4170.06%
128ISHARES4642873095,252$533,2360.06%
129MICROSOFT CORPMSFT1,260$531,0900.06%
130WASTE MANAGEMENT94106L1092,568$518,1970.06%
131SELECT SECTOR SPDR81369Y8032,221$516,4270.06%
132Comcast CorpCCZ13,744$515,8120.06%
133AMER EXPRESS COAXP1,730$513,4470.06%
134Merck & Co IncMRK5,109$508,2430.06%
135ISHARES464287200857$504,4990.06%
136Broadcom IncAVGO2,166$502,1650.06%
137ROPER INDUSTRIES INCROP963$500,6160.06%
138Vanguard ETF/USA9220427758,655$496,8840.06%
139Danaher Corp2358511022,159$495,5980.06%
140INTL BUSINESS MCHNINTR2,241$492,6390.06%
141TEXAS INSTRUMENTS8825081042,591$485,8380.05%
142BOEING COBA-PA2,700$477,9000.05%
143BK OF AMERICA CORP06050510410,669$468,9030.05%
144VERIZON COMMUNVZ11,610$464,2840.05%
145Mondelez International Inc6092071057,671$458,1890.05%
146AT&T INCT-PC20,000$455,4000.05%
147Accenture PLCACN1,269$446,4220.05%
148Blackrock IncBLK445$446,1130.05%
149Walmart IncWMT4,901$442,8050.05%
150Boston Scientific CorpBSX4,941$441,3300.05%
151Linde PLCLIN1,048$438,7660.05%
152SSgA Funds Management IncSPY728$426,6660.05%
153JPMorgan Chase & CoVYLD1,748$419,0130.05%
154JP Morgan ETFs/USA46641Q6548,162$413,8950.05%
155Chevron CorpCVX2,848$412,5040.05%
156Target CorpTGT3,033$410,0010.05%
157MCKESSON CORPMCK718$409,1950.05%
158Walt Disney Co/The2546871063,647$406,0930.05%
159METLIFE INCMET-PF4,906$401,7030.05%
160Union Pacific CorpUNP1,685$384,2470.04%
161COLGATE-PALMOLIVECL4,179$379,9130.04%
162BlackRock Fund Advisors46429B6974,257$377,9790.04%
163INTERCONTINENTAL EXCHANGE45866F1042,524$376,1010.04%
164SELECT SECTOR SPDR81369Y8864,843$366,5670.04%
165BlackRock Fund Advisors4642874994,004$353,9540.04%
166BlackRock Fund Advisors4642874403,828$353,8990.04%
167SPDR GOLD TRUSTGLD1,461$353,7520.04%
168AT&T INCT-PC15,427$351,2730.04%
169JP Morgan ETFs/USA46641Q3326,076$349,5520.04%
170ANALOG DEVICES INCADI1,630$346,3100.04%
171Caterpillar IncCAT941$341,3570.04%
172Energy Transfer LPET-PI17,415$341,1600.04%
173Aflac IncAFL3,262$337,4210.04%
174ORACLE CORPORCL-PD2,007$334,4460.04%
175SSgA Funds Management Inc78468R6633,635$332,3480.04%
176BRISTOL-MYRS SQUIBCELG-RI5,860$331,4420.04%
177Vanguard Group Inc/The9229085951,167$326,8300.04%
178Alliant Energy CorpLNT5,436$321,4970.04%
179Amazon.com IncAMZN1,463$320,9680.04%
180BlackRock Fund Advisors46434G1035,954$310,9180.04%
181VANGUARD ETF/USA9229086111,567$310,5480.04%
182GENERAL MILLS INC3703341044,869$310,4960.04%
183STATE STREET ETF/USAMDY543$309,2820.03%
184VANGUARD ETF/USA9220428586,954$306,2540.03%
185Norfolk Southern Corp6558441081,300$305,1100.03%
186BlackRock Fund Advisors4642876063,338$303,5240.03%
187General Electric Co3696043011,814$302,5570.03%
188ISHARES TR46429B6555,900$300,1920.03%
189INDEXIQ ETF TRUST/USA45409B1079,533$299,4320.03%
190CHUBB LIMITED COMCB1,076$297,2990.03%
191PetMed Express IncPETS60,000$289,2000.03%
192BlackRock Fund Advisors4642878042,489$286,7830.03%
193BlackRock Fund AdvisorsIBIT5,227$277,2920.03%
194BADGER METER INCBMI1,300$275,7560.03%
195NORTHROP GRUMMANNOC584$274,0650.03%
196Vanguard ETF/USA9219378353,789$272,4670.03%
197Tesla IncTSLA670$270,5730.03%
198Invesco Capital Management LLCIVZ14,600$267,3260.03%
199AUTOMATIC DATA PROCESSINGADP895$261,9930.03%
200iShares ETFs/USA46434G8637,818$261,0430.03%
201BUNGE GLOBAL SABG3,343$259,9520.03%
202KLA CorpKLAC412$259,6090.03%
203Gilead Sciences IncGILD2,809$259,4670.03%
204Franklin LibertyShares ETFs/USFGDL4,643$257,1970.03%
205KIMBERLY-CLARK CPKMB1,955$256,1830.03%
206MARSH & MCLENNAN5717481021,205$255,9540.03%
207RTX CorpRTX2,165$250,5340.03%
208ISHARES4642874081,303$248,7170.03%
209LOWE'S COS INC548661107995$245,5660.03%
210QUALCOMM IncQCOM1,594$244,8700.03%
211Intel CorpINTC12,113$242,8660.03%
212CACI International Inc127190304600$242,4360.03%
213Norfolk Southern Corp6558441081,027$241,0370.03%
214ALTRIA GROUP INCMO4,533$237,0310.03%
215Lockheed Martin CorpLMT487$236,6530.03%
216ISHARES/USA464287614569$228,4990.03%
217ISHARES46432F8423,246$228,1290.03%
218BlackRock Fund Advisors4642877051,819$227,3020.03%
219ISHARES464287101770$222,4150.03%
220Tyson Foods IncTSN3,870$222,2930.03%
221AVERY DENNISON CORPAVY1,173$219,5030.02%
222SELECT SECTOR SPDR81369Y2091,589$218,5990.02%
223American Electric Power Co Inc0255371012,370$218,5850.02%
224VISA INCV691$218,3840.02%
225STRYKER CORPSYK606$218,1900.02%
226Bank OZKOZKAP4,854$216,1490.02%
227NEXTERA ENERGYNEE-PW3,000$215,0700.02%
228SEI INVESTMENTS7841171032,600$214,4480.02%
229Eaton Corp PLCETN641$212,7290.02%
230DUKE ENERGY CORPDUKB1,971$212,3560.02%
231DEERE & CODE500$211,8500.02%
232Charles Schwab Corp/TheSCHW-PJ2,853$211,1510.02%
233Amgen IncAMGN801$208,7730.02%
234Archer-Daniels-Midland CoADM4,065$205,3640.02%
235Tetra Tech IncTTEK5,120$203,9810.02%
236TSMC8740391001,031$203,6120.02%
237CUMMINS INCCMI575$200,4450.02%
238Truist Financial Corp89832Q1094,615$200,1990.02%
239PNC Financial Services Group I6934751051,031$198,8280.02%
240Industrial Logistics Propertie45623710653,563$195,5050.02%
241WEC Energy Group IncWEC2,036$191,4650.02%
2423M CoMMM1,473$190,1500.02%
243Adobe IncADBE426$189,4340.02%
244CISCO SYSTEMSCSCO3,146$186,2430.02%
245Costco Wholesale Corp22160K105203$186,0030.02%
246Ameriprise Financial Inc03076C106346$184,2210.02%
247STATE STREET ETF/USA78464A2847,183$183,7410.02%
248AbbVie IncABBV1,029$182,8530.02%
249Solventum CorpSOLV2,757$182,1270.02%
250Exxon Mobil CorpXOM1,677$180,3950.02%
251SSGA FUNDS MANAGEMENT INC78464A3755,475$179,3610.02%
252Johnson & JohnsonJNJ1,239$179,1840.02%
253Tesla IncTSLA433$174,8630.02%
254BK OF AMERICA CORP0605051043,742$164,4610.02%
255Union Pacific CorpUNP711$162,1360.02%
256SSgA Funds Management Inc78468R6221,659$158,3850.02%
257Procter & Gamble Co/The742718109928$155,5790.02%
258Palantir Technologies IncPLTR2,035$153,9070.02%
259NVIDIA CorpNVDA1,143$153,4930.02%
260Xcel Energy IncXELLL2,245$151,5820.02%
261Dell Technologies IncDELL1,305$150,3880.02%
262Alphabet IncGOOG775$147,5910.02%
263Vanguard ETF/USA9229085531,551$138,1630.02%
264ISHARES TRUST4642874571,655$135,6770.02%
265ASE Technology Holding Co LtdASX13,433$135,2700.02%
266STARBUCKS CORPSBUX1,463$133,4990.02%
267UTD PARCEL SERVUPS1,058$133,4140.02%
268PEPSICO INCPEP864$131,3800.01%
269Invesco ETFs/USAIVZ1,215$128,3040.01%
270NORDIC AMER TANKERNAT50,000$125,0000.01%
271Nuveen Closed-End Funds/USANU15,683$123,2680.01%
272Medtronic PLCMDT1,536$122,6960.01%
273Meta Platforms IncMETA209$122,3720.01%
274NEXTERA ENERGYNEE-PW1,673$119,9370.01%
275Ameriprise Financial Inc03076C106215$114,4720.01%
276Invesco ETFs/USAIVZ3,999$111,2720.01%
277Duff & Phelps Closed-End Funds23325P10412,550$110,6910.01%
278BlackRock Fund Advisors4642882402,115$110,3180.01%
279QUALCOMM IncQCOM713$109,5310.01%
280iShares ETFs/USA46434V8782,069$104,3400.01%
281PNC Financial Services Group I693475105522$100,6680.01%
282ISHARES464287408425$81,1240.01%
283WEC Energy Group IncWEC839$78,9000.01%
284SELECT SECTOR SPDR81369Y100846$71,1820.01%
285Home Depot Inc/TheHD182$70,7960.01%
286KIMBERLY-CLARK CPKMB535$70,1060.01%
287Putnam Investment Management LLC74682310311,200$66,8640.01%
288Palantir Technologies IncPLTR859$64,9660.01%
289Prologis IncPLDGP602$63,6310.01%
290DUKE ENERGY CORPDUKB583$62,8120.01%
291Xcel Energy IncXELLL900$60,7680.01%
292ISHARES TRUST464288695722$56,0990.01%
293Comcast CorpCCZ1,494$56,0700.01%
294General Electric Co369604301325$54,2070.01%
295Coca-Cola Co/TheKO864$53,7930.01%
296BlackRock Fund Advisors464288372966$50,4930.01%
297MCDONALD'S CORPMCD157$45,5130.01%
298Putnam Investment Management LLCPPT12,170$43,3250.00%
299Eli Lilly & CoLLY51$39,3720.00%
300BlackRock Fund Advisors464288281422$37,5750.00%
301Merck & Co IncMRK376$37,4040.00%
302Heartland Financial USA Inc42234Q102607$37,2120.00%
303American Electric Power Co Inc025537101400$36,8920.00%
304COLUMBIA MANAGEMENT INVESTMENT ADVISERS LLC8954361031,112$35,2390.00%
305MORGAN STANLEYMS-PQ243$30,5500.00%
306Danaher Corp235851102129$29,6120.00%
307ADAMS EXPRESS COMPANY0062121041,248$25,2050.00%
308INTL BUSINESS MCHNINTR100$21,9830.00%
309AUTOMATIC DATA PROCESSINGADP71$20,7840.00%
310VANGUARD WHITEHALL921946406160$20,4140.00%
311CONOCOPHILLIPSCOP201$19,9330.00%
312Adobe IncADBE44$19,5660.00%
313Vanguard Group Inc/The92290865299$18,8080.00%
314Solventum CorpSOLV281$18,5630.00%
315Abbott LaboratoriesABLZF130$14,7040.00%
316BLACKSTONE SECD LNBX406$13,1180.00%
317SELECT SECTOR SPDR81369Y80354$12,5560.00%
318ISHARES46428765552$11,4900.00%
319ISHARES46428710137$10,6870.00%
320VERIZON COMMUNVZ230$9,1980.00%
321Postal Realty Trust IncPSTL647$8,4430.00%
322Pfizer IncPFE307$8,1450.00%
323Agree Realty Corp00849210095$6,6930.00%
324SPDR GOLD TRUSTGLD26$6,2950.00%
325BOEING COBA-PA34$6,0180.00%
326Runway Growth Finance CorpRWAYL462$5,0640.00%
327UnitedHealth Group IncUNH9$4,5530.00%
328BRISTOL-MYRS SQUIBCELG-RI73$4,1290.00%
329Berkshire Hathaway IncBRK-A8$3,6260.00%
330ANALOG DEVICES INCADI17$3,6120.00%
331WELLS FARGO & CO94974610150$3,5120.00%
332Vanguard ETF/USA92194385873$3,4910.00%
333Starwood Property Trust IncSTHO171$3,2400.00%
334Accenture PLCACN9$3,1660.00%
335Alliant Energy CorpLNT51$3,0160.00%
336MARSH & MCLENNAN57174810214$2,9740.00%
337Tyson Foods IncTSN51$2,9290.00%
338GOLDMAN SACHS GRPGSCE5$2,8630.00%
339WASTE MANAGEMENT94106L10914$2,8250.00%
340VANGUARD ETF/USA92204A7024$2,4870.00%
341Honeywell International Inc4385161069$2,0330.00%
342Target CorpTGT13$1,7570.00%
343BlackRock Fund Advisors46428749918$1,5910.00%
344Charles Schwab Corp/TheSCHW-PJ21$1,5540.00%
345SSgA Funds Management Inc78468R66312$1,0970.00%