1y return+19.7%S&P 500 +20.9%
3y return+54.9%S&P 500 +68.5%
5y return+43.6%S&P 500 +74.5%
10y return+139.5%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $240 against $357 in the S&P 500.2
Bell BankS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VTVVanguard Index Fds | $346.3M | 13.2% | −2.3% |
| IEFAIshares Tr | $340.3M | 13.0% | |
| VUGVanguard Index Fds | $310.1M | 11.8% | −1.3% |
| QQQInvesco Qqq Tr | $261.8M | 10.0% | |
| RSPInvesco Exchange Traded Fd T | $128.7M | 4.9% | −1.6% |
| VTIVanguard Index Fds | $125.1M | 4.8% | |
| VOOVanguard Index Fds | $103.1M | 3.9% | |
| SPYVSpdr Series Trust | $103.0M | 3.9% | −3.3% |
| AGGIshares Tr | $69.9M | 2.7% | +7.6% |
| JAAAJanus Detroit Str Tr | $46.4M | 1.8% | +92.2% |
| VMBSVanguard Scottsdale Fds | $45.3M | 1.7% | +7.7% |
| NVDANvidia Corporation | $37.6M | 1.4% | |
| BILSSpdr Series Trust | $36.0M | 1.4% | −39.5% |
| SPYState Str Spdr S&p 500 Etf T | $19.6M | 0.7% | +1.4% |
| BILSpdr Series Trust | $18.0M | 0.7% | −46.8% |
| MSFTMicrosoft Corp | $17.4M | 0.7% | +3.2% |
| Seagate Technology Hldngs PlCUSIP G7997R103 | $17.2M | 0.7% | −50.1% |
| CSCOCisco Sys Inc | $16.9M | 0.6% | |
| AAPLApple Inc | $16.5M | 0.6% | +3.7% |
| HPEHewlett Packard Enterprise C | $16.4M | 0.6% | +5.4% |
| AMZNAmazon Com Inc | $16.0M | 0.6% | +2.5% |
| IBMInternational Business Machs | $14.9M | 0.6% | +5.1% |
| RIORio Tinto PLC | $14.6M | 0.6% | +2.6% |
| GOOGLAlphabet Inc | $14.6M | 0.6% | |
| CVXChevron Corporation | $14.0M | 0.5% | +2.2% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $37.6M |
| Seagate Technology Hldngs PlCUSIP G7997R103 | September 30, 2022 | +1712.9% | $17.2M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $14.6M |
| GOOGAlphabet Inc | June 30, 2020 | +399.9% | $12.4M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $16.5M |
| Exxon Mobil CorpCUSIP 30231G102 | June 30, 2020 | +205.7% | $13.1M |
| QQQInvesco Qqq Tr | June 30, 2020 | +197.4% | $261.8M |
| METAMeta Platforms Inc | March 31, 2023 | +165.8% | $12.3M |
| ABBVAbbvie Inc | June 30, 2020 | +156.3% | $13.6M |
| CSCOCisco Sys Inc | June 30, 2020 | +151.8% | $16.9M |
Sold off last quarter
- DOWDow Hldgs Inc was $9.0M
- VTRSViatris Inc was $7.2M
- BXSLBlackstone Secd Lending Fd was $5.5M
- Honeywell Intl IncCUSIP 438516106 was $545K
- NOWServicenow Inc was $454K
- HSYHershey Co was $285K
- ROLRollins Inc was $276K
- Accenture PLC IrelandCUSIP G1151C101 was $268K
- BSVVanguard Bd Index Fds was $239K
- Two Rds Shared TrCUSIP 90214Q766 was $236K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +11.4% | +14.8% |
| March 31, 2026 | −1.0% | −4.6% |
| December 31, 2025 | +2.1% | +2.4% |
| September 30, 2025 | +6.3% | +7.8% |
| June 30, 2025 | +8.1% | +10.5% |
| March 31, 2025 | −0.3% | −4.6% |
| December 31, 2024 | −1.7% | +2.1% |
| September 30, 2024 | +5.8% | +5.4% |
| June 30, 2024 | +1.0% | +4.0% |
| March 31, 2024 | +6.7% | +10.0% |
| December 31, 2023 | +10.1% | +11.2% |
| September 30, 2023 | −2.6% | −3.6% |
| June 30, 2023 | +3.3% | +8.3% |
| March 31, 2023 | +6.2% | +7.0% |
| December 31, 2022 | +8.9% | +7.1% |
| September 30, 2022 | −8.0% | −5.3% |
| June 30, 2022 | −14.7% | −16.5% |
| March 31, 2022 | −5.2% | −4.9% |
| December 31, 2021 | +5.2% | +10.7% |
| September 30, 2021 | −0.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Bell Bank Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1002672&type=13F-HR&dateb=&owner=include&count=40CIK 1002672
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1002672/000106299326003684/Filed July 16, 2026 · accession 0001062993-26-003684