PINNACLE BANCORP, INC.

Filed: 10/24/2025ACC: 0001703383-25-000007

📋 What this filing means

PINNACLE BANCORP, INC. filed this quarterly 13F‑HR report disclosing 910 equity positions with a total reported market value of $338.55M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

910

Positions

$338.55M

Total AUM (reported)

2.77M

Total Shares

Allocation by class

COM$112.23M33.1%

CL A$31.19M9.2%

S&P 500 ETF SHS$21.31M6.3%

CL B NEW$7.78M2.3%

CORE S&P MCP ETF$7.52M2.2%

CORE S&P500 ETF$6.94M2.1%

TR UNIT$6.22M1.8%

Portfolio Concentration

Top 3$56.84M16.8%

4–10$49.59M14.6%

11–25$62.66M18.5%

Rest$169.46M50.1%

Top 3 weight

16.8%

Top 10 weight

31.4%

Voting Authority Distribution

Total shares with voting rights: 2.77M

Sole

Full voting authority

2.77M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole910

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings910

Rows:

Berkshire Hathaway Inc Del Cl A

SOLE

CL A

Shares32.00

TypeSH

Market value$24.13M

7.13%

Sole

32.00

Shared

0.00

None

0.00

Vanguard 500 Index Fund ETF

SOLE

S&P 500 ETF SHS

Shares34.80K

TypeSH

Market value$21.31M

6.29%

Sole

34.80K

Shared

0.00

None

0.00

Microsoft Corp Com

SOLE

COM

Shares22K

TypeSH

Market value$11.40M

3.37%

Sole

22K

Shared

0.00

None

0.00

Apple Computer Inc Com

SOLE

COM

Shares34.06K

TypeSH

Market value$8.67M

2.56%

Sole

34.06K

Shared

0.00

None

0.00

Berkshire Hathaway Inc Del Cl B New

SOLE

CL B NEW

Shares15.48K

TypeSH

Market value$7.78M

2.30%

Sole

15.48K

Shared

0.00

None

0.00

iShares Tr Midcap Index FD

SOLE

CORE S&P MCP ETF

Shares115.29K

TypeSH

Market value$7.52M

2.22%

Sole

115.29K

Shared

0.00

None

0.00

iShares Tr S&P 500 Index

SOLE

CORE S&P500 ETF

Shares10.37K

TypeSH

Market value$6.94M

2.05%

Sole

10.37K

Shared

0.00

None

0.00

JP Morgan Chase & Co Com

SOLE

COM

Shares20.87K

TypeSH

Market value$6.58M

1.94%

Sole

20.87K

Shared

0.00

None

0.00

SPDR Tr Unit Ser 1

SOLE

TR UNIT

Shares9.34K

TypeSH

Market value$6.22M

1.84%

Sole

9.34K

Shared

0.00

None

0.00

Amazon Com Inc

SOLE

COM

Shares26.70K

TypeSH

Market value$5.86M

1.73%

Sole

26.70K

Shared

0.00

None

0.00

iShares Tr MSCI Eafe Idx

SOLE

MSCI EAFE ETF

Shares59.54K

TypeSH

Market value$5.56M

1.64%

Sole

59.54K

Shared

0.00

None

0.00

Alphabet Inc Class A

SOLE

CAP STK CL A

Shares20.46K

TypeSH

Market value$4.97M

1.47%

Sole

20.46K

Shared

0.00

None

0.00

Vanguard Total Bond Mkt

SOLE

TOTAL BND MRKT

Shares66.47K

TypeSH

Market value$4.94M

1.46%

Sole

66.47K

Shared

0.00

None

0.00

Costco Whsl Corp New Com

SOLE

COM

Shares5.18K

TypeSH

Market value$4.80M

1.42%

Sole

5.18K

Shared

0.00

None

0.00

Meta Platforms Inc Ordinary Shares - Class A

SOLE

CL A

Shares6.28K

TypeSH

Market value$4.61M

1.36%

Sole

6.28K

Shared

0.00

None

0.00

VISA Inc Class A Shares

SOLE

COM CL A

Shares13.35K

TypeSH

Market value$4.56M

1.35%

Sole

13.35K

Shared

0.00

None

0.00

Eli Lilly & Co Com

SOLE

COM

Shares5.53K

TypeSH

Market value$4.22M

1.25%

Sole

5.53K

Shared

0.00

None

0.00

Vanguard Mega Cap 300 Grwth

SOLE

MEGA GRWTH IND

Shares10.34K

TypeSH

Market value$4.16M

1.23%

Sole

10.34K

Shared

0.00

None

0.00

iShares S&P 500 Barra Value

SOLE

S&P 500 VAL ETF

Shares19.47K

TypeSH

Market value$4.02M

1.19%

Sole

19.47K

Shared

0.00

None

0.00

Alphabet Inc Class C

SOLE

CAP STK CL C

Shares16.07K

TypeSH

Market value$3.92M

1.16%

Sole

16.07K

Shared

0.00

None

0.00

Vanguard Ttl Stk Mkt ETF

SOLE

TOTAL STK MKT

Shares11.27K

TypeSH

Market value$3.70M

1.09%

Sole

11.27K

Shared

0.00

None

0.00

Vanguard Div Appreciation

SOLE

DIV APP ETF

Shares17.08K

TypeSH

Market value$3.69M

1.09%

Sole

17.08K

Shared

0.00

None

0.00

Vanguard Mega Cap 300 Value

SOLE

MEGA CAP VAL ETF

Shares25.48K

TypeSH

Market value$3.51M

1.04%

Sole

25.48K

Shared

0.00

None

0.00

Vanguard Emerging Mkts ETF

SOLE

FTSE EMR MKT ETF

Shares55.68K

TypeSH

Market value$3.02M

0.89%

Sole

55.68K

Shared

0.00

None

0.00

Johnson & Johnson Com

SOLE

COM

Shares16.09K

TypeSH

Market value$2.98M

0.88%

Sole

16.09K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
Berkshire Hathaway Inc Del Cl ASOLE	CL A	32.00	SH	$24.13M 7.13%	32.00
Vanguard 500 Index Fund ETFSOLE	S&P 500 ETF SHS	34.80K	SH	$21.31M 6.29%	34.80K
Microsoft Corp ComSOLE	COM	22K	SH	$11.40M 3.37%	22K
Apple Computer Inc ComSOLE	COM	34.06K	SH	$8.67M 2.56%	34.06K
Berkshire Hathaway Inc Del Cl B NewSOLE	CL B NEW	15.48K	SH	$7.78M 2.30%	15.48K
iShares Tr Midcap Index FDSOLE	CORE S&P MCP ETF	115.29K	SH	$7.52M 2.22%	115.29K
iShares Tr S&P 500 IndexSOLE	CORE S&P500 ETF	10.37K	SH	$6.94M 2.05%	10.37K
JP Morgan Chase & Co ComSOLE	COM	20.87K	SH	$6.58M 1.94%	20.87K
SPDR Tr Unit Ser 1SOLE	TR UNIT	9.34K	SH	$6.22M 1.84%	9.34K
Amazon Com IncSOLE	COM	26.70K	SH	$5.86M 1.73%	26.70K
iShares Tr MSCI Eafe IdxSOLE	MSCI EAFE ETF	59.54K	SH	$5.56M 1.64%	59.54K
Alphabet Inc Class ASOLE	CAP STK CL A	20.46K	SH	$4.97M 1.47%	20.46K
Vanguard Total Bond MktSOLE	TOTAL BND MRKT	66.47K	SH	$4.94M 1.46%	66.47K
Costco Whsl Corp New ComSOLE	COM	5.18K	SH	$4.80M 1.42%	5.18K
Meta Platforms Inc Ordinary Shares - Class ASOLE	CL A	6.28K	SH	$4.61M 1.36%	6.28K
VISA Inc Class A SharesSOLE	COM CL A	13.35K	SH	$4.56M 1.35%	13.35K
Eli Lilly & Co ComSOLE	COM	5.53K	SH	$4.22M 1.25%	5.53K
Vanguard Mega Cap 300 GrwthSOLE	MEGA GRWTH IND	10.34K	SH	$4.16M 1.23%	10.34K
iShares S&P 500 Barra ValueSOLE	S&P 500 VAL ETF	19.47K	SH	$4.02M 1.19%	19.47K
Alphabet Inc Class CSOLE	CAP STK CL C	16.07K	SH	$3.92M 1.16%	16.07K
Vanguard Ttl Stk Mkt ETFSOLE	TOTAL STK MKT	11.27K	SH	$3.70M 1.09%	11.27K
Vanguard Div AppreciationSOLE	DIV APP ETF	17.08K	SH	$3.69M 1.09%	17.08K
Vanguard Mega Cap 300 ValueSOLE	MEGA CAP VAL ETF	25.48K	SH	$3.51M 1.04%	25.48K
Vanguard Emerging Mkts ETFSOLE	FTSE EMR MKT ETF	55.68K	SH	$3.02M 0.89%	55.68K
Johnson & Johnson ComSOLE	COM	16.09K	SH	$2.98M 0.88%	16.09K

Page 1 of 37

…