Filed: 7/21/2025ACC: 0002021658-25-000002
📋 What this filing means
HILLTOP NATIONAL BANK filed this quarterly 13F‑HR report disclosing 795 equity positions with a total reported market value of $383.29M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
795
Positions
$383.29M
Total AUM (reported)
3.41M
Total Shares
Allocation by class
COM$205.47M53.6%
MSCI EAFE ETF$14.30M3.7%
S&P 500 ETF SHS$13.82M3.6%
CL A$12.32M3.2%
CORE S&P500 ETF$8.59M2.2%
HORIZON KINETICS$7.95M2.1%
S&P500 EQL WGT$6.43M1.7%
Portfolio Concentration
Top 3$51.04M13.3%
4–10$55.19M14.4%
11–25$63.41M16.5%
Rest$213.66M55.7%
Top 3 weight
13.3%
Top 10 weight
27.7%
Voting Authority Distribution
Total shares with voting rights: 3.41M
Sole
Full voting authority
3.21M
shares
% of voting shares94.2%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
196.84K
shares
% of voting shares5.8%
Investment Discretion (by position count)
Sole96
Shared0
Other699
Dominant voting typeSole · 94.2% of voting shares
Institutional Holdings795
Rows:
MICROSOFT CORP
DFNDShares46.07K
TypeSH
Market value$22.91M
5.98%
Sole
45.98K
Shared
0.00
None
83.00
ISHARES TR
DFNDShares159.96K
TypeSH
Market value$14.30M
3.73%
Sole
155.01K
Shared
0.00
None
4.94K
VANGUARD INDEX FDS
DFNDShares24.34K
TypeSH
Market value$13.82M
3.61%
Sole
24.34K
Shared
0.00
None
0.00
NVIDIA CORPORATION
DFNDShares72K
TypeSH
Market value$11.38M
2.97%
Sole
71.13K
Shared
0.00
None
876.00
ISHARES TR
DFNDShares13.83K
TypeSH
Market value$8.59M
2.24%
Sole
13.80K
Shared
0.00
None
29.00
APPLE INC
DFNDShares41.75K
TypeSH
Market value$8.57M
2.23%
Sole
41.50K
Shared
0.00
None
250.00
LISTED FDS TR
DFNDShares188.41K
TypeSH
Market value$7.95M
2.07%
Sole
188.41K
Shared
0.00
None
0.00
INVESCO EXCHANGE TRADED FD T
DFNDShares35.37K
TypeSH
Market value$6.43M
1.68%
Sole
35.37K
Shared
0.00
None
0.00
VANGUARD INDEX FDS
DFNDShares38.52K
TypeSH
Market value$6.34M
1.65%
Sole
37.35K
Shared
0.00
None
1.17K
ISHARES TR
DFNDShares42.90K
TypeSH
Market value$5.95M
1.55%
Sole
42.60K
Shared
0.00
None
297.00
VANGUARD INTL EQUITY INDEX F
DFNDShares116.45K
TypeSH
Market value$5.76M
1.50%
Sole
114.51K
Shared
0.00
None
1.94K
BERKSHIRE HATHAWAY INC DEL
DFNDShares11.73K
TypeSH
Market value$5.70M
1.49%
Sole
6.32K
Shared
0.00
None
5.41K
NETFLIX INC
DFNDShares3.98K
TypeSH
Market value$5.33M
1.39%
Sole
3.94K
Shared
0.00
None
35.00
ISHARES TR
DFNDShares80.84K
TypeSH
Market value$5.01M
1.31%
Sole
80.61K
Shared
0.00
None
235.00
ISHARES GOLD TR
DFNDShares75.95K
TypeSH
Market value$4.74M
1.24%
Sole
75.95K
Shared
0.00
None
0.00
ELI LILLY & CO
DFNDShares5.71K
TypeSH
Market value$4.45M
1.16%
Sole
5.66K
Shared
0.00
None
55.00
BROADCOM INC
DFNDShares15.11K
TypeSH
Market value$4.17M
1.09%
Sole
14.04K
Shared
0.00
None
1.07K
EXXON MOBIL CORP
DFNDShares34.57K
TypeSH
Market value$3.73M
0.97%
Sole
33.69K
Shared
0.00
None
878.00
TAIWAN SEMICONDUCTOR MFG LTD
DFNDShares16.43K
TypeSH
Market value$3.72M
0.97%
Sole
16.07K
Shared
0.00
None
355.00
COSTCO WHSL CORP NEW
DFNDShares3.76K
TypeSH
Market value$3.72M
0.97%
Sole
3.71K
Shared
0.00
None
53.00
BERKSHIRE HATHAWAY INC DEL
DFNDShares5.00
TypeSH
Market value$3.64M
0.95%
Sole
1.00
Shared
0.00
None
4.00
VANGUARD INDEX FDS
DFNDShares17.95K
TypeSH
Market value$3.50M
0.91%
Sole
17.35K
Shared
0.00
None
595.00
ISHARES TR
DFNDShares30.57K
TypeSH
Market value$3.37M
0.88%
Sole
30.57K
Shared
0.00
None
0.00
ARISTA NETWORKS INC
DFNDShares32.43K
TypeSH
Market value$3.32M
0.87%
Sole
32.03K
Shared
0.00
None
400.00
META PLATFORMS INC
DFNDShares4.42K
TypeSH
Market value$3.26M
0.85%
Sole
4.39K
Shared
0.00
None
24.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
MICROSOFT CORPDFND | COM | 46.07K | SH | $22.91M 5.98% | 45.98K | 0.00 | 83.00 |
ISHARES TRDFND | MSCI EAFE ETF | 159.96K | SH | $14.30M 3.73% | 155.01K | 0.00 | 4.94K |
VANGUARD INDEX FDSDFND | S&P 500 ETF SHS | 24.34K | SH | $13.82M 3.61% | 24.34K | 0.00 | 0.00 |
NVIDIA CORPORATIONDFND | COM | 72K | SH | $11.38M 2.97% | 71.13K | 0.00 | 876.00 |
ISHARES TRDFND | CORE S&P500 ETF | 13.83K | SH | $8.59M 2.24% | 13.80K | 0.00 | 29.00 |
APPLE INCDFND | COM | 41.75K | SH | $8.57M 2.23% | 41.50K | 0.00 | 250.00 |
LISTED FDS TRDFND | HORIZON KINETICS | 188.41K | SH | $7.95M 2.07% | 188.41K | 0.00 | 0.00 |
INVESCO EXCHANGE TRADED FD TDFND | S&P500 EQL WGT | 35.37K | SH | $6.43M 1.68% | 35.37K | 0.00 | 0.00 |
VANGUARD INDEX FDSDFND | MCAP VL IDXVIP | 38.52K | SH | $6.34M 1.65% | 37.35K | 0.00 | 1.17K |
ISHARES TRDFND | RUS MD CP GR ETF | 42.90K | SH | $5.95M 1.55% | 42.60K | 0.00 | 297.00 |
VANGUARD INTL EQUITY INDEX FDFND | FTSE EMR MKT ETF | 116.45K | SH | $5.76M 1.50% | 114.51K | 0.00 | 1.94K |
BERKSHIRE HATHAWAY INC DELDFND | CL B NEW | 11.73K | SH | $5.70M 1.49% | 6.32K | 0.00 | 5.41K |
NETFLIX INCDFND | COM | 3.98K | SH | $5.33M 1.39% | 3.94K | 0.00 | 35.00 |
ISHARES TRDFND | CORE S&P MCP ETF | 80.84K | SH | $5.01M 1.31% | 80.61K | 0.00 | 235.00 |
ISHARES GOLD TRDFND | ISHARES NEW | 75.95K | SH | $4.74M 1.24% | 75.95K | 0.00 | 0.00 |
ELI LILLY & CODFND | COM | 5.71K | SH | $4.45M 1.16% | 5.66K | 0.00 | 55.00 |
BROADCOM INCDFND | COM | 15.11K | SH | $4.17M 1.09% | 14.04K | 0.00 | 1.07K |
EXXON MOBIL CORPDFND | COM | 34.57K | SH | $3.73M 0.97% | 33.69K | 0.00 | 878.00 |
TAIWAN SEMICONDUCTOR MFG LTDDFND | SPONSORED ADS | 16.43K | SH | $3.72M 0.97% | 16.07K | 0.00 | 355.00 |
COSTCO WHSL CORP NEWDFND | COM | 3.76K | SH | $3.72M 0.97% | 3.71K | 0.00 | 53.00 |
BERKSHIRE HATHAWAY INC DELDFND | CL A | 5.00 | SH | $3.64M 0.95% | 1.00 | 0.00 | 4.00 |
VANGUARD INDEX FDSDFND | SM CP VAL ETF | 17.95K | SH | $3.50M 0.91% | 17.35K | 0.00 | 595.00 |
ISHARES TRDFND | S&P 500 GRWT ETF | 30.57K | SH | $3.37M 0.88% | 30.57K | 0.00 | 0.00 |
ARISTA NETWORKS INCDFND | COM SHS | 32.43K | SH | $3.32M 0.87% | 32.03K | 0.00 | 400.00 |
META PLATFORMS INCDFND | CL A | 4.42K | SH | $3.26M 0.85% | 4.39K | 0.00 | 24.00 |
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