Bell Bank

Q3 2025 13F-HR Holdings

Location
Fargo, ND
Holdings as of
9/30/2025
Date filed
10/21/2025
Form type
13F-HR
Num holdings
198
Total value ($000)
$2,308,824
Net value change ($000)
+163,674 (7.6%)
New positions
13
Sold out positions
13
Turnover %
0.6%
Sector allocation + QoQ delta (equities-only)
Prev filing: 7/11/2025 Next filing: 1/14/2026 SEC filing

Snapshot: Change Analysis

Compared to Q2 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
VTV 22,552 9.1%
IEFA 19,502 6.9%
VMBS 15,862 76.6%
VUG 15,541 6.0%
QQQ 12,931 6.6%
VTI 7,685 7.3%
SPYV 7,616 9.6%
VOO 7,248 7.0%
VYM 6,781 7.1%
NVDA 5,622 19.5%
Top Reduces (Value $000, Stocks/ETFs)
BILS -2,682 -5.1%
UPS -1,027 -9.0%
ESGV -858 -57.3%
DE -852 -56.5%
AHC -771 -100.0%
PECO -718 -100.0%
LYB -634 -9.5%
QCOM -631 -100.0%
AKX -628 -100.0%
SUSA -598 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type