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Portfolio (Quarterly) Guide ↗

Bell Bank

· CIK 0001002672
13F Portfolio $2.4B AUM 232 positions Filed Apr 23, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 9 New 63 Added 70 Reduced 15 Exited
Page 3 of 4  ·  70 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 HEI HEICO CORP NEW Industrials 2,497.0 $685K 0.03% -2K -48.2% $274.20 +12.6%
42 IWF ISHARES TR 1,541.0 $657K 0.03% -159.0 -9.3% $426.40 -70.5%
43 BLK BLACKROCK INC Financial Services 597.0 $574K 0.02% -18.0 -2.9% $961.71 +12.0%
44 CB CHUBB LTD SWITZ Financial Services 1,732.0 $565K 0.02% -347.0 -16.7% $325.93 -0.1%
45 DGRO ISHARES TR 7,856.0 $551K 0.02% -47.0 -0.6% $70.18 +6.3%
46 UNH UNITEDHEALTH GROUP INC Healthcare 1,966.0 $532K 0.02% -1K -37.5% $270.59 +39.3%
47 TXN TEXAS INSTRS INC Technology 2,613.0 $507K 0.02% -120.0 -4.4% $194.14 +67.3%
48 LMT LOCKHEED MARTIN CORP Industrials 804.0 $486K 0.02% -54.0 -6.3% $604.39 -11.8%
49 NOW SERVICENOW INC Technology 4,340.0 $454K 0.02% -1K -24.9% $104.55 -4.4%
50 VB VANGUARD INDEX FDS 1,728.0 $453K 0.02% -196.0 -10.2% $261.92 +11.8%
51 NXPI NXP SEMICONDUCTORS N V Technology 2,219.0 $437K 0.02% -213.0 -8.8% $196.86 +69.0%
52 USB US BANCORP Financial Services 7,803.0 $406K 0.02% -166K -95.5% $52.01 +6.2%
53 IWR ISHARES TR 3,991.0 $388K 0.02% -631.0 -13.7% $97.23 +9.9%
54 MRK MERCK & CO INC Healthcare 3,120.0 $375K 0.02% -255.0 -7.6% $120.29 -0.4%
55 IVV ISHARES TR 574.0 $375K 0.02% -249.0 -30.3% $653.21 +15.4%
56 XEL XCEL ENERGY INC Utilities 4,397.0 $349K 0.01% -448.0 -9.2% $79.44 +1.7%
57 FNDF SCHWAB STRATEGIC TR 6,940.0 $340K 0.01% -54.0 -0.8% $48.93 +11.0%
58 ECL ECOLAB INC Basic Materials 1,236.0 $329K 0.01% -189.0 -13.3% $266.02 -4.4%
59 SBUX STARBUCKS CORP Consumer Cyclical 3,648.0 $327K 0.01% -772.0 -17.5% $89.59 +13.2%
60 SYK STRYKER CORPORATION Healthcare 972.0 $319K 0.01% -48.0 -4.7% $328.59 -4.7%
Page 3 of 4  ·  70 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 35.6%
Technology 18.4%
Healthcare 9.1%
Consumer Defensive 8.0%
Communication Services 7.4%
Energy 6.9%
Basic Materials 4.2%
Consumer Cyclical 3.7%
Utilities 3.2%
Industrials 2.6%