Institutional Manager · CIK 0001941030
First National Advisers, LLC
Omaha, NE · File #028-22612
Latest AUM
$727.3M
Positions
261
Top-10 Concentration
55.9%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
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 | JPMORGAN CHASE & CO. | VYLD | -53,845 | -$17.3M | +$373,150 |
| REDUCE | ALPHABET INC | GOOG | -27,295 | -$8.5M | +$2.0M |
| REDUCE | ABBOTT LABS | ABLZF | -59,364 | -$7.4M | -$533,082 |
| ADD | BERKSHIRE HATHAWAY INC DEL | BRK-A | +11,409 | +$5.7M | -$97 |
| ADD | SCHWAB CHARLES CORP | SCHW-PJ | +43,793 | +$4.4M | +$32,971 |
| REDUCE | ZOETIS INC | ZTS | -28,062 | -$3.5M | -$631,536 |
| NEW | MUELLER WTR PRODS INC | 624758108 | +132,180 | +$3.1M | $0 |
| EXITED | TIMKEN CO | 887389104 | -37,135 | -$2.8M | $0 |
| NEW | MIRION TECHNOLOGIES INC | MIR | +111,199 | +$2.6M | $0 |
| REDUCE | MANHATTAN ASSOCIATES INC | MANH | -14,212 | -$2.5M | -$519,795 |
Sector Allocation
Filing History
- 13F COMBINATION REPORTQ/E Dec 2025261 pos · $727.3M
- 13F COMBINATION REPORTQ/E Sep 2025255 pos · $736.9M
- 13F COMBINATION REPORTQ/E Jun 2025221 pos · $683.0M
- 13F COMBINATION REPORTQ/E Mar 2025212 pos · $624.7M
- 13F COMBINATION REPORTQ/E Dec 2024175 pos · $618.5M
- 13F COMBINATION REPORTQ/E Sep 2024215 pos · $627.1M
- 13F COMBINATION REPORTQ/E Jun 2024208 pos · $547.2M
- 13F COMBINATION REPORTQ/E Mar 2024203 pos · $446.9M
- 13F HOLDINGS REPORTQ/E Dec 2023250 pos · $224.0M
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | DIMENSIONAL ETF TRUST | 25434V203 | 1,267,804 | $48.3M | 9.64% |
| 2 | APPLE INC | AAPL | 160,819 | $43.7M | 8.72% |
| 3 | NVIDIA CORPORATION | NVDA | 209,439 | $39.1M | 7.79% |
| 4 | MICROSOFT CORP | MSFT | 79,301 | $38.4M | 7.65% |
| 5 | ALPHABET INC | GOOG | 87,636 | $27.5M | 5.49% |
| 6 | AMAZON COM INC | AMZN | 92,823 | $21.4M | 4.27% |
| 7 | BROADCOM INC | AVGO | 49,317 | $17.1M | 3.40% |
| 8 | JPMORGAN CHASE & CO. | VYLD | 52,359 | $16.9M | 3.37% |
| 9 | META PLATFORMS INC | META | 23,539 | $15.5M | 3.10% |
| 10 | J P MORGAN EXCHANGE TRADED F | 46641Q332 | 215,279 | $12.3M | 2.46% |
| 11 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 16 | $12.1M | 2.41% |
| 12 | ELI LILLY & CO | LLY | 10,362 | $11.1M | 2.22% |
| 13 | ALPHABET INC | GOOG | 28,253 | $8.8M | 1.76% |
| 14 | MASTERCARD INCORPORATED | MA | 13,680 | $7.8M | 1.56% |
| 15 | RTX CORPORATION | RTX | 40,844 | $7.5M | 1.49% |
| 16 | ABBOTT LABS | ABLZF | 59,722 | $7.5M | 1.49% |
| 17 | TESLA INC | TSLA | 16,204 | $7.3M | 1.45% |
| 18 | NEXTERA ENERGY INC | NEE-PW | 87,993 | $7.1M | 1.41% |
| 19 | AMGEN INC | AMGN | 20,389 | $6.7M | 1.33% |
| 20 | VANGUARD INDEX FDS | 922908769 | 19,212 | $6.4M | 1.28% |