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Portfolio (Quarterly) Guide ↗

Bell Bank

· CIK 0001002672
13F Portfolio $2.6B AUM 240 positions Filed Jul 16, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q1 2026 · All 21 New 89 Added 46 Reduced 14 Exited
Page 3 of 10  ·  195 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 GILD GILEAD SCIENCES INC Healthcare 78,616.0 $9.9M 0.38% +2K +2.6% $126.34 +17.2%
42 ARCC ARES CAPITAL CORP Financial Services 515,804.0 $9.6M 0.36% $18.53 +7.4%
43 GSK GSK PLC Healthcare 181,234.0 $9.5M 0.36% -994.0 -0.6% $52.42 -1.9%
44 PEP PEPSICO INC Consumer Defensive 68,139.0 $9.2M 0.35% +3K +4.2% $135.40 +5.0%
45 SWK STANLEY BLACK & DECKER INC Industrials 95,411.0 $9.0M 0.34% NEW $94.12 +6.0%
46 KHC KRAFT HEINZ CO Consumer Defensive 375,236.0 $8.9M 0.34% +37K +11.0% $23.62 +5.0%
47 HPQ HP INC Technology 397,887.0 $8.7M 0.33% NEW $21.94 +39.1%
48 KMI KINDER MORGAN INC DEL Energy 264,295.0 $8.4M 0.32% +4K +1.6% $31.97 +0.2%
49 AVGO BROADCOM INC Technology 21,939.0 $8.3M 0.32% +681.0 +3.2% $377.75 -5.9%
50 SWKS SKYWORKS SOLUTIONS INC Technology 119,695.0 $8.1M 0.31% +18K +17.7% $67.80 -1.7%
51 IP INTERNATIONAL PAPER CO Consumer Cyclical 196,995.0 $7.5M 0.29% +187K +1801.5% $38.10 +8.6%
52 JPM JPMORGAN CHASE & CO Financial Services 22,218.0 $7.3M 0.28% +2K +7.3% $327.33 +8.9%
53 BX BLACKSTONE INC Financial Services 58,513.0 $6.9M 0.26% +6K +10.7% $117.67 +21.7%
54 T AT&T INC Communication Services 327,514.0 $6.8M 0.26% $20.70 +25.0%
55 TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 14,031.0 $6.7M 0.26% +475.0 +3.5% $477.57 -12.5%
56 CCI CROWN CASTLE INC Real Estate 84,123.0 $6.4M 0.24% +10K +13.9% $75.73 -0.3%
57 AMD ADVANCED MICRO DEVICES INC Technology 10,733.0 $6.2M 0.24% +191.0 +1.8% $580.91 -17.2%
58 CLX CLOROX CO DEL Consumer Defensive 63,038.0 $6.0M 0.23% NEW $95.44 +9.2%
59 V VISA INC Financial Services 17,513.0 $6.0M 0.23% +202.0 +1.2% $343.09 +11.9%
60 GIS GENERAL MILLS INC Consumer Defensive 168,302.0 $5.9M 0.22% +27K +19.2% $34.80 +15.2%
Page 3 of 10  ·  195 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 37.6%
Technology 22.3%
Consumer Defensive 8.8%
Healthcare 7.2%
Energy 5.4%
Communication Services 5.1%
Consumer Cyclical 4.3%
Industrials 3.7%
Utilities 2.9%
Basic Materials 1.7%