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Asset Manager ← All Institutions

First National Advisers, LLC

14010 FNB PARKWAY STOP 8121, OMAHA, NE 68154 • 402-602-8441

Q2 2025 · Filed 2025-08-13
Market Value
$683M
+9.3%
Holdings
226
+1
New Purchases
14
Added To
153
Closed
5
Reduced
40
Top 10 Concentration
36.1%
Turnover
8.4%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NVDA 5.14% 3.82% +1.32% $35M
MSFT 6.10% 5.07% +1.03% $42M
ABBV 0.61% 0.03% +0.57% $4M
ANET 0.40% 0.00% +0.40% $3M
META 2.51% 2.11% +0.40% $17M
BCPC 0.36% 0.07% +0.29% $2M
DFAI 6.10% 5.83% +0.27% $42M
DGX 0.24% 0.00% +0.24% $2M
DIS 0.43% 0.22% +0.22% $3M
MCHP 0.58% 0.36% +0.22% $4M
JPM 2.53% 2.33% +0.20% $17M
AMZN 2.89% 2.71% +0.18% $20M
MTZ 0.67% 0.50% +0.17% $5M
AVGO 0.42% 0.26% +0.16% $3M
RCL 0.55% 0.40% +0.15% $4M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAPL 5.01% 5.94% -0.93% $34M
TMO 0.19% 0.63% -0.44% $1M
JAZZ 0.00% 0.41% -0.41% $0
BRK-A 1.71% 2.04% -0.34% $12M
CMCSA 0.13% 0.45% -0.32% $886K
MDT 0.16% 0.41% -0.25% $1M
CDW 0.28% 0.50% -0.22% $2M
JEPI 1.79% 2.00% -0.21% $12M
FMC 0.00% 0.20% -0.20% $0
UNH 0.18% 0.36% -0.19% $1M
AMGN 0.85% 1.03% -0.18% $6M
LLY 1.16% 1.32% -0.16% $8M
XOM 0.79% 0.95% -0.16% $5M
PEP 0.67% 0.83% -0.16% $5M
FI 0.62% 0.77% -0.15% $4M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 31.7%
Technology 23.3%
Industrials 8.9%
Consumer Cyclical 7.5%
Communication Services 7.4%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 49 $329M 48.1%
Large Cap 124 $299M 43.8%
Mid Cap 45 $49M 7.2%
Small Cap 8 $6M 0.9%

Portfolio Analytics

Avg Market Cap
$255.4B
Median Market Cap
$50.6B
Avg P/E
34.0
Median P/E
23.7
Avg Dividend Yield
0.02%
Avg Beta
0.92
# Stocks
198
# ETFs / Funds
28

Top Holdings (226 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 MSFT 6.10% 83,780 $42M $497.40 $10M -638 -0.8%
2 DFAI 6.10% 1,204,753 $42M $34.57 $5M +39,194 +3.4%
3 NVDA 5.14% 222,144 $35M $157.99 $11M +1,828 +0.8%
4 AAPL 5.01% 166,834 $34M $205.17 -$3M -307 -0.2%
5 AMZN 2.89% 90,080 $20M $219.39 $3M +1,022 +1.1%
6 JPM 2.53% 59,644 $17M $289.90 $3M +230 +0.4%
7 META 2.51% 23,240 $17M $738.10 $4M +339 +1.5%
8 GOOG 2.33% 89,697 $16M $177.39 $1M -3,420 -3.7%
9 JEPI 1.79% 215,641 $12M $56.85 -$249K -3,254 -1.5%
10 BRK-A 1.71% 16 $12M $728,800.00 -$1M
11 ABT 1.28% 64,366 $9M $136.01 $49K -1,263 -1.9%
12 LLY 1.16% 10,129 $8M $779.55 -$339K +158 +1.6%
13 MA 1.13% 13,773 $8M $561.92 $238K +89 +0.7%
14 COST 1.04% 7,203 $7M $989.99 $462K +152 +2.2%
15 NEE 0.99% 97,270 $7M $69.42 -$16K +1,792 +1.9%
16 RTX 0.91% 42,669 $6M $146.02 $540K -296 -0.7%
17 BKNG 0.89% 1,053 $6M $5,789.68 $1M +9 +0.9%
18 WMT 0.88% 61,691 $6M $97.78 $642K +302 +0.5%
19 AMGN 0.85% 20,821 $6M $279.21 -$601K +232 +1.1%
20 QCOM 0.84% 36,165 $6M $159.25 $227K +152 +0.4%
21 BRK-B 0.84% 11,781 $6M $485.77 $766K +2,473 +26.6%
22 GOOGL 0.81% 31,270 $6M $176.23 $819K +933 +3.1%
23 XOM 0.79% 49,806 $5M $107.80 -$543K +94 +0.2%
24 APH 0.78% 53,825 $5M $98.74 $860K -14,087 -20.7%
25 BLK 0.78% 5,061 $5M $1,049.23 $579K +62 +1.2%
26 KO 0.75% 72,634 $5M $70.75 $305K +5,133 +7.6%
27 WFC 0.74% 63,250 $5M $80.12 $509K -250 -0.4%
28 VTI 0.72% 16,161 $5M $303.93 $708K +865 +5.7%
29 EOG 0.70% 39,934 $5M $119.61 -$303K +330 +0.8%
30 ZTS 0.70% 30,555 $5M $155.97 $99K +2,212 +7.8%
31 HD 0.69% 12,765 $5M $366.67 $44K +114 +0.9%
32 WM 0.67% 20,007 $5M $228.82 -$21K +140 +0.7%
33 MTZ 0.67% 26,807 $5M $170.43 $1M -77 -0.3%
34 PEP 0.67% 34,573 $5M $132.04 -$600K +126 +0.4%
35 LIN 0.66% 9,671 $5M $469.14 $77K +92 +1.0%
36 MS 0.66% 31,825 $4M $140.85 $825K +476 +1.5%
37 ADBE 0.65% 11,552 $4M $386.89 $80K +107 +0.9%
38 CTAS 0.63% 19,421 $4M $222.89 $333K -19 -0.1%
39 CHD 0.62% 44,170 $4M $96.11 -$487K +1,186 +2.8%
40 FI 0.62% 24,401 $4M $172.41 -$606K +2,608 +12.0%
41 CB 0.61% 14,363 $4M $289.73 -$124K +174 +1.2%
42 ABBV 0.61% 22,413 $4M $185.61 $4M +21,388 +2086.6%
43 ORLY 0.61% 46,042 $4M $90.12 -$133K +43,053 +1440.4%
44 VZ 0.61% 95,511 $4M $43.27 -$94K +2,329 +2.5%
45 CME 0.59% 14,677 $4M $275.65 $156K +14 +0.1%
46 BR 0.59% 16,571 $4M $243.02 $144K +553 +3.5%
47 TJX 0.59% 32,406 $4M $123.49 $227K +1,421 +4.6%
48 MCHP 0.58% 56,355 $4M $70.37 $2M +9,361 +19.9%
49 BRO 0.57% 35,241 $4M $110.86 -$480K -21 -0.1%
50 TSLA 0.57% 12,213 $4M $317.63 $839K +482 +4.1%
51 AME 0.57% 21,335 $4M $180.94 $190K +15 +0.1%
52 RCL 0.55% 12,094 $4M $313.14 $1M -99 -0.8%
53 CVX 0.55% 26,295 $4M $143.18 -$580K +323 +1.2%
54 ETN 0.54% 10,311 $4M $357.01 $909K +112 +1.1%
55 MKL 0.52% 1,789 $4M $1,997.52 $504K +147 +8.9%
56 MCO 0.52% 7,051 $4M $501.68 $283K +63 +0.9%
57 SO 0.52% 38,327 $4M $91.83 $36K +452 +1.2%
58 CFR 0.50% 26,771 $3M $128.54 $132K +343 +1.3%
59 ATO 0.48% 21,102 $3M $154.12 $72K +529 +2.6%
60 EW 0.48% 41,484 $3M $78.22 $937K +9,644 +30.3%
61 VOO 0.47% 5,667 $3M $568.03 $301K -12 -0.2%
62 FICO 0.47% 1,751 $3M $1,828.08 $361K +211 +13.7%
63 IR 0.46% 37,942 $3M $83.17 $195K +941 +2.5%
64 MANH 0.46% 15,798 $3M $197.46 $1M +3,952 +33.4%
65 GLW 0.44% 57,626 $3M $52.60 $509K +2,522 +4.6%
66 DIS 0.43% 23,867 $3M $124.03 $2M +10,144 +73.9%
67 EQH 0.43% 52,517 $3M $56.09 $185K -476 -0.9%
68 PCT 0.43% 211,859 $3M $13.70 $1M -60,501 -22.2%
69 LFUS 0.42% 12,757 $3M $226.70 $733K +1,786 +16.3%
70 AVGO 0.42% 10,448 $3M $275.65 $1M +797 +8.3%
71 AMT 0.42% 12,969 $3M $221.02 $91K +216 +1.7%
72 ACN 0.42% 9,579 $3M $298.93 -$76K +159 +1.7%
73 FAF 0.41% 45,829 $3M $61.40 -$160K +516 +1.1%
74 PAYC 0.41% 12,100 $3M $231.38 $1M +4,207 +53.3%
75 TXN 0.41% 13,461 $3M $207.64 $389K +72 +0.5%
76 ANET 0.40% 26,985 $3M $102.32 +26,985 NEW
77 TKR 0.39% 36,968 $3M $72.56 $17K -103 -0.3%
78 LW 0.38% 49,756 $3M $51.86 -$56K +301 +0.6%
79 PWR 0.38% 6,802 $3M $378.08 $898K +217 +3.3%
80 TXRH 0.37% 13,450 $3M $187.43 $344K +387 +3.0%
81 TMUS 0.37% 10,563 $3M $238.29 -$166K +502 +5.0%
82 PTC 0.37% 14,549 $3M $172.34 $345K +593 +4.2%
83 FR 0.37% 51,885 $2M $48.13 -$265K +687 +1.3%
84 PG 0.36% 15,588 $2M $159.32 -$141K +189 +1.2%
85 UFPT 0.36% 10,103 $2M $244.18 $497K +336 +3.4%
86 BCPC 0.36% 15,443 $2M $159.20 $2M +12,911 +509.9%
87 MDLZ 0.36% 36,374 $2M $67.45 $21K +524 +1.5%
88 NSSC 0.36% 82,414 $2M $29.69 $575K +1,085 +1.3%
89 VEA 0.35% 41,436 $2M $57.01 $260K +81 +0.2%
90 TRV 0.34% 8,751 $2M $267.52 $51K +90 +1.0%
91 XEL 0.34% 34,340 $2M $68.09 -$63K +410 +1.2%
92 ENTG 0.34% 28,895 $2M $80.65 -$184K +154 +0.5%
93 V 0.34% 6,550 $2M $355.01 $386K +1,015 +18.3%
94 UTHR 0.34% 8,082 $2M $287.39 -$78K +296 +3.8%
95 LNTH 0.34% 27,995 $2M $81.87 -$419K +213 +0.8%
96 CSX 0.33% 69,175 $2M $32.63 $116K -3,577 -4.9%
97 SYF 0.33% 33,567 $2M $66.74 $396K -1,267 -3.6%
98 COP 0.33% 24,938 $2M $89.73 -$362K +184 +0.7%
99 LOW 0.32% 9,699 $2M $221.85 -$91K +84 +0.9%
100 SUI 0.31% 16,844 $2M $126.49 $29K +507 +3.1%

New Positions

SymbolValue% Port
ANET $3M 0.40%
DGX $2M 0.24%
MGK $333K 0.05%
PLTR $293K 0.04%
TT $235K 0.03%
IEMG $229K 0.03%
IEFA $216K 0.03%
SPTM $213K 0.03%
CLH $208K 0.03%
SMMD $206K 0.03%
AMAT $204K 0.03%
SCZ $204K 0.03%
RSPT $203K 0.03%
EQT $201K 0.03%

Sold Out Positions

SymbolValue% Port
FMC —%
STZ —%
O —%
JAZZ —%
RCII —%
View SEC EDGAR Filings for First National Advisers, LLC →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms