# EDGAR Filing Document

**Accession Number:** 0001873063
**File Stem:** 0001873063-23-000001
**Filing Date:** 2023-2
**Character Count:** 11732
**Document Hash:** 5665e56873b8d1e338929fa4b6267764
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001873063-23-000001.hdr.sgml**: 20230215

**ACCESSION NUMBER**: 0001873063-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230215

**DATE AS OF CHANGE**: 20230214

**EFFECTIVENESS DATE**: 20230215

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Treynor Bancshares, Inc.
- **CENTRAL INDEX KEY:** 0001873063
- **IRS NUMBER:** 930828908
- **STATE OF INCORPORATION:** IA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-21800
- **FILM NUMBER:** 23632797

**BUSINESS ADDRESS:**
- **STREET 1:** 15 E MAIN STREET
- **STREET 2:** P.O. BOX A
- **CITY:** TREYNOR
- **STATE:** IA
- **ZIP:** 51575
- **BUSINESS PHONE:** 7124873000

**MAIL ADDRESS:**
- **STREET 1:** 15 E MAIN STREET
- **STREET 2:** P.O. BOX A
- **CITY:** TREYNOR
- **STATE:** IA
- **ZIP:** 51575

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Treynor Bancshares Inc.<br>**Address:** 15 E MAIN STREET<br>P.O. BOX A<br>TREYNOR, IA 51575

**Form 13F File Number:** 028-21800

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** J. Zach Burt<br>**Title:** General Counsel<br>**Phone:** 712-487-3000

**Signature, Place, and Date of Signing:**

J. Zach Burt  Treynor, IA  02-14-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 1

**Form 13F Information Table Entry Total:** 76

**Form 13F Information Table Value Total:** $144941717

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

| No.   | Name    | Form 13F File Number   |
|:---|:---|:---|
|  | TS Bank | 028-21805              |

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABRDN PRECIOUS METALS BASKET | PHYSCL PRECS MET | 003263100 |  | 1603373 | 17969 | SH |  | DFND |  | 0 | 17969 | 0 |
| APPLE INC | COM | 037833100 |  | 1106256 | 8514 | SH |  | DFND | 1 | 0 | 8514 | 0 |
| BERKLEY W R CORP | COM | 084423102 |  | 250584 | 3453 | SH |  | DFND | 1 | 0 | 3453 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 2057892 | 6662 | SH |  | DFND | 1 | 0 | 6662 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL A | 084670108 |  | 468711 | 1 | SH |  | DFND | 1 | 0 | 1 | 0 |
| BITFARMS LTD | COM | 09173B107 |  | 5273 | 12750 | SH |  | DFND |  | 0 | 12750 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 276825 | 3597 | SH |  | DFND | 1 | 0 | 3597 | 0 |
| DIMENSIONAL ETF TRUST | US EQUITY ETF | 25434V401 |  | 7291655 | 175238 | SH |  | DFND | 1 | 0 | 175238 | 0 |
| DIMENSIONAL ETF TRUST | WORLD EX US CORE | 25434V880 |  | 3708635 | 171696 | SH |  | DFND | 1 | 0 | 171696 | 0 |
| DIMENSIONAL ETF TRUST | US MKTWIDE VALUE | 25434V724 |  | 579472 | 17308 | SH |  | DFND | 1 | 0 | 17308 | 0 |
| FIDELITY COVINGTON TRUST | MSCI RL EST ETF | 316092857 |  | 200831 | 8095 | SH |  | DFND | 1 | 0 | 8095 | 0 |
| FIRST TR ECH TRADED FD III | MANAGD MUN ETF | 33739N108 |  | 874219 | 17446 | SH |  | DFND |  | 0 | 17446 | 0 |
| FIRST TR EXCHANGE-TRADED FD | FST LOW OPPT EFT | 33739Q200 |  | 3560822 | 75107 | SH |  | DFND |  | 0 | 75107 | 0 |
| INVESCO EXCH TRADED FD TR II | S SMALLCAP 600 | 46138G664 |  | 249076 | 2295 | SH |  | DFND | 1 | 0 | 2295 | 0 |
| INVESCO EXCH TRADED FD TR II | TAXABLE MUN BD | 46138G805 |  | 8544975 | 332360 | SH |  | DFND |  | 0 | 332360 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL DIS | 46137V381 |  | 3217198 | 27313 | SH |  | DFND |  | 0 | 27313 | 0 |
| INVESCO EXCHANGE TRADED FD T | S EQL TEC | 46137V282 |  | 5509328 | 22674 | SH |  | DFND |  | 0 | 22674 | 0 |
| ISHARES TR | SHRT NAT MUN ETF | 464288158 |  | 1343102 | 12881 | SH |  | DFND | 1 | 0 | 12881 | 0 |
| ISHARES TR | PFD AND INCM SEC | 464288687 |  | 5430714 | 177881 | SH |  | DFND | 1 | 0 | 177881 | 0 |
| ISHARES TR | NATIONAL MUN ETF | 464288414 |  | 883097 | 8369 | SH |  | DFND | 1 | 0 | 8369 | 0 |
| ISHARES TR | TIPS BD ETF | 464287176 |  | 4666856 | 43845 | SH |  | DFND | 1 | 0 | 43845 | 0 |
| ISHARES TR | MORNINGSTAR GRWT | 464287119 |  | 243400 | 5000 | SH |  | DFND | 1 | 0 | 5000 | 0 |
| ISHARES TR | RUS MDCP VAL ETF | 464287473 |  | 602216 | 5717 | SH |  | DFND | 1 | 0 | 5717 | 0 |
| ISHARES TR | IBONDS DEC25 ETF | 46434VBD1 |  | 723423 | 29746 | SH |  | DFND | 1 | 0 | 29746 | 0 |
| ISHARES TR | MSCI INTL QUALTY | 46434V456 |  | 1271178 | 39246 | SH |  | DFND | 1 | 0 | 39246 | 0 |
| ISHARES TR | IBONDS DEC2026 | 46435GAA0 |  | 315225 | 13500 | SH |  | DFND | 1 | 0 | 13500 | 0 |
| ISHARES TR | ESG AWR MSCI USA | 46435G425 |  | 1290587 | 15228 | SH |  | DFND | 1 | 0 | 15228 | 0 |
| ISHARES TR | RUSEL 2500 ETF | 46435G268 |  | 429729 | 8087 | SH |  | DFND | 1 | 0 | 8087 | 0 |
| ISHARES TR | IBONDS 27 ETF | 46435UAA9 |  | 317832 | 13600 | SH |  | DFND | 1 | 0 | 13600 | 0 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 6151167 | 63440 | SH |  | DFND | 1 | 0 | 63440 | 0 |
| ISHARES TR | MSCI EAFE MIN VL | 46429B689 |  | 380238 | 5980 | SH |  | DFND | 1 | 0 | 5980 | 0 |
| ISHARES TR | A RATE CP BD ETF | 46429B291 |  | 1064153 | 22971 | SH |  | DFND | 1 | 0 | 22971 | 0 |
| ISHARES TR | MSCI USA MMENTM | 46432F396 |  | 367014 | 2515 | SH |  | DFND | 1 | 0 | 2515 | 0 |
| ISHARES TR | GLOBAL REIT ETF | 46434V647 |  | 1020643 | 44942 | SH |  | DFND | 1 | 0 | 44942 | 0 |
| ISHARES TR | FLTG RATE NT ETF | 46429B655 |  | 5363466 | 106566 | SH |  | DFND |  | 0 | 106566 | 0 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 228585 | 1294 | SH |  | DFND | 1 | 0 | 1294 | 0 |
| MICROSOFT CORP | COM | 594918104 |  | 469328 | 1957 | SH |  | DFND | 1 | 0 | 1957 | 0 |
| PIMCO ETF TR | ENHAN SHRT MA AC | 72201R833 |  | 474655 | 48106 | SH |  | DFND | 1 | 0 | 48106 | 0 |
| PIMCO ETF TR | ENHANCD SHORT | 72201R643 |  | 287211 | 2964 | SH |  | DFND | 1 | 0 | 2964 | 0 |
| PROCTER AND GAMBLE CO | COM | 742718109 |  | 236434 | 1560 | SH |  | DFND | 1 | 0 | 1560 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 1699814 | 22801 | SH |  | DFND |  | 0 | 22801 | 0 |
| SELECT SECTOR SPDR TR | FINANCIAL | 81369Y605 |  | 2470505 | 72237 | SH |  | DFND |  | 0 | 72237 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 3724191 | 27414 | SH |  | DFND |  | 0 | 27414 | 0 |
| SELECT SECTOR SPDR TR | SBI INT-INDS | 81369Y704 |  | 2015170 | 20519 | SH |  | DFND |  | 0 | 20519 | 0 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 627188 | 8074 | SH |  | DFND |  | 0 | 8074 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 685775 | 5511 | SH |  | DFND | 1 | 0 | 5511 | 0 |
| SELECT SECTOR SPDR TR | SBI CONS STPLS | 81369Y308 |  | 200249 | 2686 | SH |  | DFND | 1 | 0 | 2686 | 0 |
| SELECT SECTOR SPDR TR | SBI HEALTHCARE | 81369Y209 |  | 331202 | 2438 | SH |  | DFND | 1 | 0 | 2438 | 0 |
| SELECT SECTOR SPDR TR | ENERGY | 81369Y506 |  | 1200263 | 13722 | SH |  | DFND |  | 0 | 13722 | 0 |
| SELECT SECTOR SPDR TR | COMMUNICATION | 81369Y852 |  | 2332745 | 48609 | SH |  | DFND |  | 0 | 48609 | 0 |
| SELECT SECTOR SPDR TR | RL EST SEL SEC | 81369Y860 |  | 581278 | 15740 | SH |  | DFND |  | 0 | 15740 | 0 |
| SPDR INDEX SHS FDS | PORTFOLIO DEVLPD | 78463X889 |  | 6070094 | 204449 | SH |  | DFND | 1 | 0 | 204449 | 0 |
| SPDR SER TR | PORTFOLIO INTRMD | 78464A375 |  | 3421588 | 107496 | SH |  | DFND | 1 | 0 | 107496 | 0 |
| SPDR SER TR | PORTFLI TIPS ETF | 78464A656 |  | 234699 | 9111 | SH |  | DFND | 1 | 0 | 9111 | 0 |
| SPDR SER TR | PORTFOLI S | 78464A805 |  | 7873622 | 166497 | SH |  | DFND | 1 | 0 | 166497 | 0 |
| SPDR SER TR | ICE PFD SEC ETF | 78464A292 |  | 781238 | 23804 | SH |  | DFND | 1 | 0 | 23804 | 0 |
| SPDR SER TR | PORTFOLIO SH TSR | 78468R101 |  | 725188 | 25102 | SH |  | DFND | 1 | 0 | 25102 | 0 |
| UTILITIES SELECT SECTOR SPDR ETF | SBI INT-UTILS | 81369Y886 |  | 810327 | 11494 | SH |  | DFND |  | 0 | 11494 | 0 |
| VANECK ETF TRUST | MRNGSTR WDE MOAT | 92189F643 |  | 2199543 | 33886 | SH |  | DFND | 1 | 0 | 33886 | 0 |
| VANECK ETF TRUST | MRNGSTR INT MOAT | 92189F593 |  | 2237312 | 77318 | SH |  | DFND | 1 | 0 | 77318 | 0 |
| VANGUARD BD INDEX FDS | SHORT TRM BOND | 921937827 |  | 2842342 | 37757 | SH |  | DFND | 1 | 0 | 37757 | 0 |
| VANGUARD BD INDEX FDS | TOTAL BND MRKT | 921937835 |  | 3879723 | 54005 | SH |  | DFND | 1 | 0 | 54005 | 0 |
| VANGUARD INDEX FDS | TOTAL STK MKT | 922908769 |  | 3171944 | 16591 | SH |  | DFND | 1 | 0 | 16591 | 0 |
| VANGUARD INDEX FDS | VALUE ETF | 922908744 |  | 523440 | 3729 | SH |  | DFND | 1 | 0 | 3729 | 0 |
| VANGUARD INTL EQUITY INDEX F | FTSE EMR MKT ETF | 922042858 |  | 1396580 | 35828 | SH |  | DFND | 1 | 0 | 35828 | 0 |
| VANGUARD INTL EQUITY INDEX F | ALLWRLD EX US | 922042775 |  | 636780 | 12700 | SH |  | DFND | 1 | 0 | 12700 | 0 |
| VANGUARD INTL EQUITY INDEX F | TT WRLD ST ETF | 922042742 |  | 1952890 | 22658 | SH |  | DFND | 1 | 0 | 22658 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 200673 | 2589 | SH |  | DFND |  | 0 | 2589 | 0 |
| VANGUARD SCOTTSDALE FDS | INT-TERM CORP | 92206C870 |  | 2585115 | 33352 | SH |  | DFND | 1 | 0 | 33352 | 0 |
| VANGUARD SCOTTSDALE FDS | SHORT TERM TREAS | 92206C102 |  | 5311980 | 91871 | SH |  | DFND | 1 | 0 | 91871 | 0 |
| VANGUARD STAR FDS | VG TL INTL STK F | 921909768 |  | 5145041 | 99497 | SH |  | DFND | 1 | 0 | 99497 | 0 |
| VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 921943858 |  | 912787 | 21749 | SH |  | DFND | 1 | 0 | 21749 | 0 |
| VANGUARD WHITEHALL FDS | HIGH DIV YLD | 921946406 |  | 513348 | 4744 | SH |  | DFND | 1 | 0 | 4744 | 0 |
| VANGUARD WORLD FD | ESG INTL STK ETF | 921910725 |  | 1437015 | 29214 | SH |  | DFND | 1 | 0 | 29214 | 0 |
| WISDOMTREE TR | EM EX ST-OWNED | 97717X578 |  | 671620 | 25173 | SH |  | DFND | 1 | 0 | 25173 | 0 |
| WISDOMTREE TR | US TOTAL DIVIDND | 97717W109 |  | 473070 | 7800 | SH |  | DFND | 1 | 0 | 7800 | 0 |

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