Hoese & Co LLP

Open in PORT →← all managers

CIK 1840268

13F portfolio (2026-Q1)

$135M

Positions

135

Implied 1Y CAGR

modeled · as filed

Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.

Implied return what this book implies · modeled, not advice methodology →

Open in PORT →

As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).

Computing…

Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.

Exposures · what this manager owns, by sector & size (2026-Q1)

Holdings

135

Top 5

53.6%

Top 10

75.1%

Effective N

12.1

HHI

0.083

This quarter

1 new · 0 exit →

By sector

Unclassified93.1%

Information Technology1.5%

Health Care1.3%

Financials1.3%

Industrials0.7%

Consumer Discretionary0.6%

Materials0.4%

Utilities0.4%

Other0.8%

By market cap

Unknown93.2%

Large ($10–200B)3.2%

Mega (>$200B)3.2%

Mid ($2–10B)0.3%

Small ($300M–2B)0.0%

By region

Other93.1%

North America6.8%

Asia-Pacific0.1%

By industry group GICS — finer than sector

Industry group	Weight	Names
Unclassified	93.16%	50
Pharmaceuticals & Biotechnology	1.09%	8
Banks	1.04%	9
Technology Hardware & Equipment	0.55%	2
Specialty Retail	0.48%	5
Machinery	0.42%	8
Chemicals	0.37%	7
Software	0.37%	1
Utilities	0.36%	4
Health Care Equipment & Supplies	0.33%	4
Semiconductors & Semiconductor Equipment	0.33%	5
Electrical Equipment & Components	0.19%	2
Oil, Gas & Consumable Fuels	0.16%	2
Distributors	0.15%	2
Beverages	0.15%	2
Insurance	0.15%	1
Aerospace & Defense	0.11%	3
Equity Real Estate Investment Trusts (REITs)	0.10%	2
Food Products	0.09%	2
Software & IT Services	0.08%	2
Tobacco	0.07%	1
Media & Entertainment	0.07%	2
Commercial Services & Supplies	0.07%	2
Diversified Telecommunication Services	0.05%	2
Capital Markets	0.03%	2
Communications Equipment	0.02%	2
Textiles, Apparel & Luxury Goods	0.01%	1
Transportation Infrastructure	0.00%	1
Hotels, Restaurants & Leisure	0.00%	1

Top holdings

#	Ticker	Name	Sector	Weight
1	IEI	ISHARES TR	Unclassified	19.89%
2	IVV	ISHARES TR	Unclassified	11.81%
3	SPHQ	INVESCO EXCHANGE TRADED FD T	Unclassified	9.06%
4	DYNF	BLACKROCK ETF TRUST	Unclassified	6.58%
5	DGRO	ISHARES CORE DIVIDEND GROWTH ETF	Unclassified	6.30%
6	VIG	VANGUARD SPECIALIZED FUNDS	Unclassified	5.48%
7	IETC	ISHARES U S ETF TR	Unclassified	4.83%
8	QUAL	ISHARES TR	Unclassified	3.91%
9	IGEB	ISHARES TR	Unclassified	3.64%
10	VTIP	VANGUARD MALVERN FDS	Unclassified	3.58%

86/135 names classified · sector 6.9% of weight · industry 6.8% · mkt cap 6.8%; unclassified names shown, never dropped.

Sector allocation over time · how the GICS mix & top names shifted quarter by quarter

top 5/sector, rest → “Other” · 22 quarters

IndustrialsDE, HON, MMM, ACN, CMI · other

Health CareMDT, PFE, JNJ, MRK, ABT · other

FinancialsV, BAC, JPM, USB, UNH · other

Information TechnologyMSFT, AAPL, ADBE, AMAT, TXN · other

Consumer DiscretionaryAMZN, HWKN, HD, SYY, TJX · other

Consumer StaplesGIS, PEP, MO, PM, HRL · other

MaterialsPG, PPG, ECL, NUE, NKE · other

Communication ServicesDIS, T, VZ, GOOG, CMCSA · other

UtilitiesD, XEL, OKE, LNT, AEP · other

EnergyXOM, ENB, CVX, PSX, BP · other

Real EstateO, CTO, PSA, RYN, STAG · other

UnclassifiedIVV, SPY, IEI, VTIP, GOVT · other

Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 6.9% of the book is sector-classified (unclassified names shown, never dropped).

Style box · size × value-growth placement of the reported book (2026-Q1), classified on current fundamentals (not point-in-time) — load it into PORT to overlay your own portfolio

Only 7% of book weight classified — the grid is NOT representative of the whole book.

holdings, colored by sector (81 classified)Hoese & Co LLP centroid (Large Core)

Information TechnologyHealth CareFinancialsIndustrialsConsumer DiscretionaryMaterialsUtilitiesConsumer StaplesCommunication ServicesEnergyReal Estate

Style box summary for Hoese & Co LLP: centroid Large Core. Heaviest cells: Large Value 2.2%, Large Core 1.8%, Large Growth 1.1%.

Classified: 6.7% of book weight (81/135 names) · unclassified 93.3%: IEI, IVV, SPHQ, DYNF, DGRO, VIG, IETC, QUAL, IGEB, VTIP +44 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.

Contribution holdings-based, any period

No contribution data for this period.

Holdings· 135 positions (2026-Q1) · largest first · Δ vs 2025-Q4

#	Security	Shares	Value	Weight	Δ QoQ
1	IEIISHARES TR	225,998	$27M	19.9%	ADD 2%
2	IVVISHARES TR	24,359	$16M	11.8%	TRIM −26%
3	SPHQINVESCO EXCHANGE TRADED FD T	162,420	$12M	9.1%	TRIM −16%
4	DYNFBLACKROCK ETF TRUST	152,448	$9M	6.6%	ADD 84%
5	DGROISHARES CORE DIVIDEND GROWTH ETF	120,865	$8M	6.3%	ADD 6%
6	VIGVANGUARD SPECIALIZED FUNDS	34,344	$7M	5.5%	TRIM −4%
7	IETCISHARES U S ETF TR	73,625	$7M	4.8%	ADD 136%
8	QUALISHARES TR	27,499	$5M	3.9%	TRIM −14%
9	IGEBISHARES TR	108,824	$5M	3.6%	HOLD
10	VTIPVANGUARD MALVERN FDS	96,578	$5M	3.6%	ADD 5%
11	VOOVANGUARD INDEX FDS	7,308	$4M	3.2%	TRIM −12%
12	VTIVANGUARD INDEX FDS	11,729	$4M	2.8%	HOLD
13	SPYSTATE STR SPDR S&P 500 ETF T	3,466	$2M	1.7%	TRIM −12%
14	IWFISHARES TR	5,201	$2M	1.6%	HOLD
15	BRK.ABERKSHIRE HATHAWAY INC DEL	3	$2M	1.6%	HOLD
16	IUSBISHARES TR	43,259	$2M	1.5%	TRIM −30%
17	USMVISHARES TR	17,681	$2M	1.2%	TRIM −5%
18	IWDISHARES TR	4,963	$1M	0.8%	HOLD
19	SCHGSCHWAB U.S. LARGE-CAP GROWTH ETF	36,276	$1M	0.8%	HOLD
20	AAPLAPPLE INC	2,602	$660,361	0.5%	HOLD
21	DVYISHARES TR	3,695	$559,458	0.4%	HOLD
22	VOVANGUARD INDEX FDS	1,890	$542,750	0.4%	HOLD
23	MSFTMICROSOFT CORP	1,331	$492,680	0.4%	ADD 8%
24	USBUS BANCORP	8,180	$425,360	0.3%	HOLD
25	TJXTJX COS INC NEW	2,500	$399,250	0.3%	HOLD
26	MRKMERCK & CO INC	3,202	$385,167	0.3%	HOLD
27	JNJJOHNSON & JOHNSON	1,445	$353,213	0.3%	HOLD
28	IQLTISHARES TR	7,230	$334,167	0.2%	TRIM −13%
29	XELXCEL ENERGY INC	3,500	$278,040	0.2%	HOLD
30	JPMJPMORGAN CHASE & CO	910	$267,675	0.2%	TRIM −31%
31	GGGGRACO INC	2,700	$228,555	0.2%	HOLD
32	CCITIGROUP INC	2,000	$226,820	0.2%	HOLD
33	ABTABBOTT LABS	2,150	$220,739	0.2%	HOLD
34	XOMEXXON MOBIL CORP	1,277	$216,655	0.2%	HOLD
35	SPTMSPDR SERIES TRUST	2,721	$215,122	0.2%	HOLD
36	NVDANVIDIA CORPORATION	1,220	$212,768	0.2%	HOLD
37	UNHUNITEDHEALTH GROUP INC	745	$201,582	0.1%	TRIM −12%
38	RPGINVESCO EXCHANGE TRADED FD T	4,310	$201,449	0.1%	HOLD
39	ABBVABBVIE INC	900	$195,741	0.1%	HOLD
40	BACBANK AMERICA CORP	3,985	$194,268	0.1%	HOLD
41	QQQINVESCO QQQ TR	324	$187,002	0.1%	HOLD
42	MDYSPDR S&P MIDCAP 400 ETF TR	290	$178,860	0.1%	HOLD
43	FDVVFIDELITY COVINGTON TRUST	3,000	$165,720	0.1%	HOLD
44	MDTMEDTRONIC PLC	1,884	$163,247	0.1%	TRIM −21%
45	MMM3M CO	1,100	$159,753	0.1%	HOLD
46	ECLECOLAB INC	600	$159,606	0.1%	HOLD
47	EMREMERSON ELEC CO	1,215	$159,188	0.1%	HOLD
48	PEPPEPSICO INC	1,000	$155,289	0.1%	HOLD
49	IUSVISHARES TR	1,500	$153,375	0.1%	HOLD
50	PGPROCTER AND GAMBLE CO	1,050	$151,661	0.1%	HOLD
51	SPDWSPDR INDEX SHS FDS	3,211	$146,582	0.1%	HOLD
52	PFEPFIZER INC	5,000	$140,350	0.1%	HOLD
53	MOATVANECK ETF TRUST	1,448	$140,021	0.1%	HOLD
54	SYYSYSCO CORP	1,824	$130,104	0.1%	HOLD
55	BSXBOSTON SCIENTIFIC CORP	2,000	$125,500	0.1%	HOLD
56	OREALTY INCOME CORP	2,000	$122,360	0.1%	HOLD
57	PRFINVESCO EXCHANGE TRADED FD T	2,570	$122,126	0.1%	HOLD
58	LNTALLIANT ENERGY CORP	1,675	$120,198	0.1%	HOLD
59	IVWISHARES TR	1,032	$116,729	0.1%	HOLD
60	IJHISHARES TR	1,675	$113,096	0.1%	HOLD
61	HONHONEYWELL INTL INC	500	$113,015	0.1%	HOLD
62	TSMTAIWAN SEMICONDUCTOR MFG LTD	333	$112,537	0.1%	HOLD
63	HDHOME DEPOT INC	327	$107,541	0.1%	HOLD
64	FIBKFIRST INTST BANCSYSTEM INC	3,000	$100,170	0.1%	HOLD
65	MOALTRIA GROUP INC	1,500	$98,985	0.1%	HOLD
66	LFUSLITTELFUSE INC	282	$95,693	0.1%	HOLD
67	PNRPENTAIR PLC	1,000	$87,110	0.1%	HOLD
68	CMCSACOMCAST CORP NEW	3,000	$86,100	0.1%	HOLD
69	NVTNVENT ELECTRIC PLC	724	$85,634	0.1%	HOLD
70	ROKROCKWELL AUTOMATION INC	225	$80,748	0.1%	HOLD
71	TGTTARGET CORP	650	$78,780	0.1%	TRIM −19%
72	HWKNHAWKINS INC	510	$78,336	0.1%	HOLD
73	TTCTORO CO	808	$75,498	0.1%	TRIM −41%
74	GOOGALPHABET INC	260	$74,581	0.1%	HOLD
75	EMLPFirst TR. Ex. Tr. FD N. American Energy	1,685	$73,550	0.1%	HOLD
76	IWMISHARES TR	275	$68,200	0.1%	HOLD
77	VVISA INC	225	$68,001	0.1%	HOLD
78	HRLHORMEL FOODS CORP	3,000	$67,920	0.1%	HOLD
79	AEPAMERICAN ELEC PWR CO INC	500	$65,540	0.0%	HOLD
80	ENTGENTEGRIS INC	550	$64,482	0.0%	HOLD
81	DBEFDBX ETF TR	1,240	$61,256	0.0%	HOLD
82	TXNTEXAS INSTRS INC	310	$60,183	0.0%	HOLD
83	LLYELI LILLY & CO	65	$59,784	0.0%	HOLD
84	WFCWELLS FARGO CO NEW	724	$57,636	0.0%	HOLD
85	MDLZMONDELEZ INTL INC	1,000	$57,630	0.0%	HOLD
86	AMGNAMGEN INC	160	$56,294	0.0%	HOLD
87	DCIDONALDSON INC	660	$56,013	0.0%	HOLD
88	SHVISHARES TR	480	$52,987	0.0%	HOLD
89	KDPKEURIG DR PEPPER INC	2,000	$52,640	0.0%	HOLD
90	AVGOBROADCOM INC	170	$52,616	0.0%	TRIM −13%
91	TECHBIO-TECHNE CORP	1,000	$52,250	0.0%	HOLD
92	ASBASSOCIATED BANC CORP	2,000	$51,720	0.0%	HOLD
93	MTBM & T BK CORP	250	$51,680	0.0%	HOLD
94	IUSGISHARES TR	333	$51,651	0.0%	HOLD
95	XLUSELECT SECTOR SPDR TR	1,120	$51,385	0.0%	HOLD
96	WMTWALMART INC	405	$50,333	0.0%	HOLD
97	LINLINDE PLC	100	$49,576	0.0%	HOLD
98	VBVANGUARD INDEX FDS	188	$49,239	0.0%	HOLD
99	EFAISHARES TR	450	$43,708	0.0%	HOLD
100	BNDVANGUARD BD INDEX FDS	540	$39,760	0.0%	HOLD
101	PRFZINVESCO EXCHANGE TRADED FD T	860	$39,439	0.0%	HOLD
102	DONWISDOMTREE TR	709	$37,250	0.0%	HOLD
103	FULFULLER H B CO	584	$36,020	0.0%	HOLD
104	VZVERIZON COMMUNICATIONS INC	710	$35,642	0.0%	TRIM −44%
105	ADPAUTOMATIC DATA PROCESSING IN	175	$35,556	0.0%	HOLD
106	SCHWSCHWAB CHARLES CORP	352	$33,080	0.0%	HOLD
107	TAT&T INC	1,090	$31,588	0.0%	HOLD
108	RTXRTX CORPORATION	142	$27,391	0.0%	HOLD
109	CLCOLGATE PALMOLIVE CO	285	$24,287	0.0%	HOLD
110	AXPAMERICAN EXPRESS CO	80	$24,196	0.0%	HOLD
111	SDVYFIRST TR EXCHANGE TRADED FD	597	$23,539	0.0%	TRIM −52%
112	WECWEC ENERGY GROUP INC	180	$20,838	0.0%	HOLD
113	FISVFISERV INC	368	$20,529	0.0%	HOLD
114	MSIMOTOROLA SOLUTIONS INC	44	$19,094	0.0%	HOLD
115	BRK.BBERKSHIRE HATHAWAY INC DEL	39	$18,688	0.0%	HOLD
116	CTASCINTAS CORP	107	$18,097	0.0%	HOLD
117	STAGSTAG INDL INC	500	$18,030	0.0%	HOLD
118	VCITVANGUARD SCOTTSDALE FDS	158	$13,074	0.0%	HOLD
119	SPSBSPDR SERIES TRUST	408	$12,264	0.0%	HOLD
120	VGITVANGUARD SCOTTSDALE FDS	204	$12,146	0.0%	HOLD
121	PRLBPROTO LABS INC	200	$11,404	0.0%	HOLD
122	LRCXLAM RESEARCH CORP	50	$10,683	0.0%	HOLD
123	SOLSSOLSTICE ADVANCED MATLS INC	125	$9,518	0.0%	HOLD
124	ETNEATON CORP PLC	26	$9,299	0.0%	HOLD
125	SHWSHERWIN WILLIAMS CO	26	$8,334	0.0%	HOLD
126	BLKBLACKROCK INC	5	$4,808	0.0%	HOLD
127	VSNTVERSANT MEDIA GROUP INC	120	$4,442	0.0%	NEW
128	BKNGBOOKING HOLDINGS INC	1	$4,210	0.0%	HOLD
129	MCDMCDONALDS CORP	13	$4,040	0.0%	HOLD
130	CVXCHEVRON CORP NEW	18	$3,724	0.0%	HOLD
131	EFVISHARES TR	48	$3,568	0.0%	HOLD
132	QCOMQUALCOMM INC	24	$3,090	0.0%	HOLD
133	ZBHZIMMER BIOMET HOLDINGS INC	30	$2,712	0.0%	HOLD
134	INTCINTEL CORP	36	$1,588	0.0%	HOLD
135	PIIPOLARIS INC	24	$1,308	0.0%	HOLD

Position trends· top 15 holdings · shares held over 6 quarters

green added · red trimmed

Security

2024-Q4

2025-Q1

2025-Q2

2025-Q3

2025-Q4

2026-Q1

Latest value

IEIISHARES TR

190K

189K

191K

192K

221K

226K

$27M

IVVISHARES TR

34K

33K

24K

$16M

SPHQINVESCO EXCHANGE TRADED FD T

160K

189K

193K

162K

$12M

DYNFBLACKROCK ETF TRUST

—

22K

83K

152K

$9M

DGROISHARES CORE DIVIDEND GROWTH ETF

100K

103K

104K

105K

114K

121K

$8M

VIGVANGUARD SPECIALIZED FUNDS

30K

31K

32K

33K

36K

34K

$7M

IETCISHARES U S ETF TR

—

31K

74K

$7M

QUALISHARES TR

46K

43K

32K

27K

$5M

IGEBISHARES TR

54K

56K

60K

76K

111K

109K

$5M

VTIPVANGUARD MALVERN FDS

411

53K

92K

97K

$5M

VOOVANGUARD INDEX FDS

11K

10K

$4M

VTIVANGUARD INDEX FDS

13K

12K

$4M

SPYSTATE STR SPDR S&P 500 ETF T

$2M

IWFISHARES TR

$2M

BRK/ABERKSHIRE HATHAWAY INC DEL

$2M

Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.

☆Hoese & Co LLP