Institutional Manager · CIK 0000036644

FIRST NATIONAL BANK OF OMAHA

OMAHA, NE · File #028-00317

Latest AUM

$1.55B

Positions

495

Top-10 Concentration

46.3%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	VANGUARD INDEX FDS	922908363	-43,572	-$24.8M	+$2.4M
REDUCE	MARKEL GROUP INC	MKL	-7,740	-$15.5M	+$1.0M
ADD	LITTELFUSE INC	LFUS	+57,078	+$12.9M	+$48,105
ADD	PTC INC	PTC	+70,915	+$12.2M	+$26,972
ADD	TJX COS INC NEW	872540109	+90,464	+$11.2M	+$7,105
REDUCE	QUANTA SVCS INC	74762E102	-24,211	-$9.2M	+$3.1M
ADD	ACCENTURE PLC IRELAND	ACN	+26,742	+$8.0M	-$15,082
ADD	ROPER TECHNOLOGIES INC	ROP	+11,353	+$6.4M	-$8,095
REDUCE	COCA COLA CO	KO	-87,738	-$6.2M	-$80,243
ADD	US BANCORP DEL	USB-PS	+135,914	+$6.2M	+$30,476

Sector Allocation

20.0%$309.0M

6.3%$97.9M

6.1%$95.1M

5.7%$88.3M

Consumer Discretionary

5.0%$76.9M

Energy

3.4%$53.1M

Consumer Staples

3.0%$45.8M

Communication Services

2.1%$33.3M

Materials

1.2%$19.0M

Real Estate

0.9%$14.0M

Utilities

0.8%$12.8M

Filing History

Feb 13, 202613F COMBINATION REPORTQ/E Dec 2025853 pos · $3.38B
Feb 10, 202613F COMBINATION REPORTQ/E Dec 2025495 pos · $1.55B
Feb 10, 202613F COMBINATION REPORTQ/E Dec 2025496 pos · $1.47B
Nov 7, 202513F COMBINATION REPORTQ/E Sep 2025509 pos · $1.59B
Jun 3, 202513F COMBINATION REPORT (Amended)Q/E Jun 2025496 pos · $1.47B
Feb 11, 202513F HOLDINGS REPORTQ/E Dec 2024493 pos · $1.54B
Nov 15, 202413F HOLDINGS REPORTQ/E Sep 2024489 pos · $1.57B
Aug 15, 202413F HOLDINGS REPORTQ/E Jun 2024491 pos · $1.52B
May 10, 202413F HOLDINGS REPORTQ/E Mar 2024496 pos · $1.62B
Nov 14, 202313F HOLDINGS REPORTQ/E Dec 2023512 pos · $1.54B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	MICROSOFT CORP	MSFT	217,444	$105.5M	5.89%
2	BERKSHIRE HATHAWAY INC DEL	BRK-A	209,013	$105.1M	5.87%
3	ISHARES TR	464287200	145,282	$100.2M	5.60%
4	APPLE INC	AAPL	367,164	$100.0M	5.59%
5	VANGUARD INDEX FDS	922908769	255,940	$86.4M	4.83%
6	VANGUARD STAR FDS	921909768	1,007,730	$76.3M	4.27%
7	DIMENSIONAL ETF TRUST	25434V203	1,848,618	$70.5M	3.94%
8	ALPHABET INC	GOOG	202,038	$63.5M	3.55%
9	NVIDIA CORPORATION	NVDA	336,220	$62.8M	3.51%
10	AMAZON COM INC	AMZN	249,699	$57.8M	3.23%
11	JPMORGAN CHASE & CO.	VYLD	164,465	$53.1M	2.96%
12	WALMART INC	WMT	410,820	$46.0M	2.57%
13	ISHARES TR	464287465	453,013	$43.7M	2.44%
14	BROADCOM INC	AVGO	121,892	$42.4M	2.37%
15	ALPHABET INC	GOOG	119,401	$37.4M	2.09%
16	BERKSHIRE HATHAWAY INC DEL	BRK-A	46	$34.7M	1.94%
17	VANGUARD INDEX FDS	922908363	54,259	$34.0M	1.90%
18	VANGUARD SCOTTSDALE FDS	92206C680	249,390	$30.6M	1.71%
19	SPDR S&P 500 ETF TR	SPY	44,529	$30.5M	1.70%
20	META PLATFORMS INC	META	44,801	$29.6M	1.66%