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Institutional Investment Manager
Bell Bank
Bell Bank (CIK: 0001002672) incorporated in North Dakota, located at 520 Main Avenue, Fargo, ND. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q4)
Original 13F HR (0001062993-17-000892) filed in 2017.02.14
#
Name
Shares
Value ($)
%
Options
Notes
1 SPDR S&P 500 ETF TR 121,468 27,152 10.60%
2 ISHARES 20 YEAR TREASURY BOND ETF 201,207 23,970 9.36%
3 SELECT SECTOR SPDR TR 462,131 23,897 9.33%
4 SELECT SECTOR SPDR TR 334,871 23,086 9.02%
5 GENERAL ELECTRIC CO 200,615 6,339 2.48%
6 EXXON MOBIL CORP 60,115 5,426 2.12%
7 VANGUARD SCOTTSDALE FDS 58,300 4,996 1.95%
8 MCDONALDS CORP 41,026 4,994 1.95%
9 MICROSOFT CORP 71,765 4,459 1.74%
10 BRISTOL MYERS SQUIBB CO 69,445 4,058 1.58%
11 PFIZER INC 115,385 3,748 1.46%
12 DOW CHEM CO 64,971 3,718 1.45%
13 INTERNATIONAL BUSINESS MACHS 22,324 3,706 1.45%
14 AT&T INC 86,308 3,671 1.43%
15 PROCTER AND GAMBLE CO 42,908 3,608 1.41%
16 EXELON CORP 100,016 3,550 1.39%
17 TARGET CORP 47,613 3,439 1.34%
18 WEYERHAEUSER CO 110,720 3,332 1.30%
19 DUKE ENERGY CORP NEW 42,074 3,266 1.28%
20 SOUTHERN CO 63,834 3,140 1.23%
21 PPL CORP 84,205 2,867 1.12%
22 CISCO SYS INC 92,314 2,790 1.09%
23 STARWOOD PPTY TR INC COM 117,785 2,585 1.01%
24 TWO HBRS INVT CORP 295,478 2,577 1.01%
25 LYONDELLBASELL INDUSTRIES N 29,400 2,522 0.98%
26 INTEL CORP 66,419 2,409 0.94%
27 ANNALY CAP MGMT INC 238,940 2,382 0.93%
28 EXTRA SPACE STORAGE INC 30,382 2,347 0.92%
29 AGNC INVT CORP 129,360 2,345 0.92%
30 FORD MTR CO DEL 192,413 2,334 0.91%
31 3M CO 13,052 2,331 0.91%
32 BOEING CO 14,689 2,287 0.89%
33 EMERSON ELEC CO 40,866 2,278 0.89%
34 VERIZON COMMUNICATIONS INC 42,656 2,277 0.89%
35 PAYCHEX INC 36,247 2,207 0.86%
36 FIRST AMERN FINL CORP 60,135 2,203 0.86%
37 HSBC HLDGS PLC 54,315 2,182 0.85%
38 WASTE MGMT INC DEL 30,655 2,174 0.85%
39 GENERAL MLS INC 33,370 2,061 0.80%
40 COACH INC 58,242 2,040 0.80%
41 ISHARES TR 16,300 1,997 0.78%
42 VANGUARD SCOTTSDALE FDS 30,400 1,943 0.76%
43 GLAXOSMITHKLINE PLC 44,635 1,719 0.67%
44 BCE INC 39,300 1,699 0.66%
45 PUBLIC STORAGE 7,400 1,654 0.65%
46 UNITED PARCEL SERVICE INC 13,797 1,582 0.62%
47 DU PONT E I DE NEMOURS & CO 21,430 1,573 0.61%
48 NVIDIA CORPORATION 14,067 1,502 0.59%
49 AGRIUM INC 14,925 1,501 0.59%
50 AFLAC INC 19,300 1,343 0.52%
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