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Institutional Investment Manager
Hills Bank & Trust Co
Hills Bank & Trust Co (CIK: 0001309148), located at 590 West Forevergreen Road, North Liberty, IA. Institutional holdings reported to the SEC.

Institutional Holdings (2016Q2)
Portfolio Summary: 124 holdings with a total value of $271,641,000.
#
Name
Shares
Value ($)
%
Options
Notes
51 POWERSHARES ETF DYNAMIC BIOTECHNOLOGY & GENOME 38,431 1,421,000 0.52%
52 NUCOR CORP 28,195 1,393,000 0.51%
53 CITIGROUPINC 31,336 1,328,000 0.49%
54 BERKSHIRE HATHAWAY INC DEL 6 1,302,000 0.48%
55 C H ROBINSON WORLDWIDE INC 17,481 1,298,000 0.48%
56 STATE STR CORP 22,746 1,227,000 0.45%
57 GENERAL ELECTRIC CO 38,679 1,217,000 0.45%
58 PAYPAL HLDGS INC 32,365 1,181,000 0.43%
59 EATON CORP PLC 19,675 1,176,000 0.43%
60 AT&T INC 26,047 1,126,000 0.41%
61 ALLERGAN PLC 4,516 1,044,000 0.38%
62 DICKS SPORTING GOODS INC 21,879 985,000 0.36%
63 EMERSON ELEC CO 18,495 964,000 0.35%
64 AMERICAN TOWER CORP NEW 8,458 961,000 0.35%
65 KOHLS 25,162 954,000 0.35%
66 ZIMMER BIOMET HLDGS INC 7,125 858,000 0.32%
67 BIOGEN INC 3,365 813,000 0.30%
68 ORACLE CORP 19,758 809,000 0.30%
69 DUKE ENERGY CORP NEW 9,353 803,000 0.30%
70 MONDELEZ INTL INC 17,455 794,000 0.29%
71 MERCK & CO INC 13,685 789,000 0.29%
72 HALLIBURTON CO 17,340 785,000 0.29%
73 NORFOLK SOUTHERN CORP 9,015 767,000 0.28%
74 ALLIANT ENERGY CORP 18,740 744,000 0.27%
75 GILEAD SCIENCES INC 8,908 743,000 0.27%
76 SUN LIFE FINL INC 22,000 722,000 0.27%
77 NXP SEMICONDUCTORS N V 9,160 718,000 0.26%
78 PFIZER INC 20,365 717,000 0.26%
79 SALESFORCE COM INC 8,455 671,000 0.25%
80 COMCAST CORP NEW 9,959 649,000 0.24%
81 MIDDLEBY CORP 5,511 635,000 0.23%
82 V F CORP 10,173 626,000 0.23%
83 BARD C R INC 2,475 582,000 0.21%
84 EBAY INC 23,845 558,000 0.21%
85 METLIFE INC 13,923 555,000 0.20%
86 STERICYCLE INC 5,088 530,000 0.20%
87 AUTOMATIC DATA PROCESSING IN 5,750 528,000 0.19%
88 ACTIVISION BLIZZARD INC 13,050 517,000 0.19%
89 COSTCO WHSL CORP NEW 3,268 514,000 0.19%
90 UNION PAC CORP 5,495 479,000 0.18%
91 DEERE & CO 5,895 477,000 0.18%
92 EXELON CORP 12,802 466,000 0.17%
93 BAXTER INTL INC 9,024 408,000 0.15%
94 CELGENE CORP 4,015 396,000 0.15%
95 AMERICAN WTR WKS CO INC NEW 4,400 372,000 0.14%
96 HEARTLAND EXPRESS INC COM 20,942 364,000 0.13%
97 AON PLC 3,275 358,000 0.13%
98 PHILIP MORRIS INTL INC 3,509 357,000 0.13%
99 BRISTOL MYERS SQUIBB CO 4,530 334,000 0.12%
100 STRYKER CORP 2,745 329,000 0.12%
Page 2 of 3

Portfolio data is normalized using SEC Form 13F filings, including the Original 13F-HR (0001309148-16-000024, filed 2016.07.18).

From 2023-01-03 onward, the SEC requires values to be reported in nearest dollars. Earlier filings reported values in thousands; therefore, positions shown as $0 in older filings may represent actual values between $0–$999.