American Capital Advisory, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 28, 2025), American Capital Advisory, LLC reported 796 stock positions worth $185.3 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 12.5% of the portfolio, followed by Dimension Ultrashort Fi ETF (DUSB, 8.3%) and Dimensional US Eq MKT ETF (DFUS, 7.0%). Compared with Q4 2024, it opened 383 new positions, sold out of 53, added to 164 and reduced 83. The biggest buy was Invesco Total Return Bond Et (GTO, shares +33%) and the biggest sale Unilever (UL, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- KETCHUM, ID
- CIK
- 0002018007
- Portfolio Value
- $185.3M (Q1 2025)
- SEC Filing
- 0002018007-25-000003 ↗ filed Apr 28, 2025
Holdings Value
Holdings 796 stocks · $185.3M
| DFAC Dimensional US Core Equity 2 | 12.50% | 702,362 | $23.2M | Add +3.0% |
| DUSB Dimension Ultrashort Fi ETF | 8.25% | 301,465 | $15.3M | Add +7.9% |
| DFUS Dimensional US Eq MKT ETF | 7.04% | 215,780 | $13.1M | Add +22.9% |
| GTO Invesco Total Return Bond Et | 4.69% | 185,262 | $8.7M | Add +33.2% |
| DFAI Dimensional International Co. | 4.59% | 272,654 | $8.5M | Add +13.1% |
| DFIC Dimensional International Co. | 4.53% | 302,611 | $8.4M | Add +8.1% |
| DFAU Dimensional US Core Equity M | 3.67% | 177,067 | $6.8M | Add +1.7% |
| AAPL Apple Inc. | 2.84% | 23,712 | $5.3M | Reduce -5.1% |
| PM Philip Morris International | 1.82% | 21,269 | $3.4M | Reduce -13.2% |
| LH Labcorp Holdings Inc. | 1.76% | 14,050 | $3.3M | Reduce -0.5% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.70% | 8,519 | $3.2M | Add +10.9% |
| CSCO Cisco Systems Inc. | 1.33% | 39,874 | $2.5M | Reduce -0.3% |
| MGM MGM Resorts International | 1.29% | 80,396 | $2.4M | Add +93.9% |
| DFAE Dimensional Emerging Core Eq | 1.28% | 91,749 | $2.4M | Add +31.5% |
| MKL Markel Group Inc. | 1.25% | 1,239 | $2.3M | Reduce -21.2% |
| GOOG Alphabet Inc. Class C | 1.15% | 13,687 | $2.1M | Add +0.3% |
| META Meta Platforms Inc. Class A | 1.12% | 3,598 | $2.1M | Reduce -10.9% |
| STT State Street Corp. | 1.11% | 22,969 | $2.1M | Reduce -0.0% |
| RSP Invesco S&P 500 Equal Weight | 1.11% | 11,854 | $2.1M | Reduce -0.4% |
| DFEM Dimensional Emrg MRKT Core | 1.06% | 74,152 | $2.0M | Add +8.8% |
| ARCO Arcos Dorados Holdings Inc. Class A | 1.04% | 239,143 | $1.9M | Add +2.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.03% | 3,415 | $1.9M | Reduce -14.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.02% | 45,500 | $1.9M | Reduce -0.4% |
| PSLV Sprott Physical Silver Trust | 0.99% | 158,670 | $1.8M | Reduce -1.4% |
| NFLX Netflix Inc. | 0.84% | 1,666 | $1.6M | Add +0.2% |
| AMZN Amazon.com Inc. | 0.82% | 7,975 | $1.5M | Reduce -1.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.82% | 24,956 | $1.5M | Reduce -2.0% |
| GLD SPDR Gold Shares | 0.80% | 5,168 | $1.5M | Reduce -3.7% |
| GDX Vaneck Gold Miners ETF | 0.76% | 30,763 | $1.4M | Add +73.0% |
| SHEL Shell PLC-ADR | 0.76% | 19,132 | $1.4M | Add +0.0% |
| NVDA Nvidia Corp. | 0.74% | 12,661 | $1.4M | Add +3.1% |
| WMT Walmart Inc. | 0.71% | 14,965 | $1.3M | Add +1.1% |
| NOC Northrop Grumman Corp. | 0.67% | 2,439 | $1.2M | Add +0.0% |
| MDY State Street SPDR S&P Midcap | 0.66% | 2,301 | $1.2M | Reduce -2.3% |
| YUMC Yum China Holdings Inc. | 0.61% | 21,621 | $1.1M | Add +9.5% |
| PFF iShares Preferred & Income S | 0.58% | 35,100 | $1.1M | Reduce -0.9% |
| ORCL Oracle Corp. | 0.58% | 7,712 | $1.1M | Add +0.1% |
| SPLV Invesco S&P 500 Low Volatili | 0.56% | 13,952 | $1.0M | Add +6.6% |
| MSFT Microsoft Corp. | 0.53% | 2,621 | $984K | Add +2.0% |
| JPM JPMorgan Chase & Co. | 0.49% | 3,695 | $906K | Add +5.4% |
| COST Costco Wholesale Corp. | 0.49% | 955 | $903K | Add +0.5% |
| ESGU iShares ESG Aware MSCI USA | 0.48% | 7,329 | $893K | Add +0.3% |
| IDV iShares International Select | 0.47% | 28,359 | $880K | Reduce -1.7% |
| IJR iShares Core S&P Small-Cap E | 0.46% | 8,137 | $851K | Reduce -29.5% |
| SNY Sanofi-ADR | 0.46% | 15,221 | $844K | Reduce -0.2% |
| DFAT Dimensional US Target Value | 0.45% | 16,309 | $840K | Add +15.9% |
| PAAS Pan American Silver Corp. | 0.42% | 30,127 | $778K | Add +0.1% |
| OMC Omnicom Group | 0.40% | 9,023 | $748K | Add +0.0% |
| DGS Wisdomtree Em Small Cap | 0.40% | 15,172 | $733K | Reduce -0.1% |
| PEP Pepsico Inc. | 0.38% | 4,688 | $703K | Add +2.5% |
| GBTG Global Business Travel Group | 0.37% | 95,197 | $691K | Reduce -16.7% |
| WTM White Mountains Insurance GP | 0.37% | 357 | $688K | No change |
| CTRA Coterra Energy Inc. | 0.35% | 22,213 | $642K | No change |
| UBER Uber Technologies Inc. | 0.35% | 8,802 | $641K | New |
| VGT Vanguard Info Tech ETF | 0.34% | 1,154 | $626K | Reduce -29.7% |
| XOM Exxon Mobil Corp. | 0.32% | 4,986 | $593K | Add +1.0% |
| ABBV Abbvie Inc. | 0.32% | 2,816 | $590K | Add +3.0% |
| JEPI JPMorgan Equity Premium Inco | 0.31% | 10,110 | $578K | Add +0.2% |
| MRK Merck & Co. Inc. | 0.29% | 5,981 | $537K | Reduce -2.9% |
| SCHO Schwab Short-Term US Treas | 0.29% | 21,832 | $531K | Reduce -35.5% |
| ETSY Etsy Inc. | 0.28% | 11,125 | $525K | Reduce -7.7% |
| SCHD Schwab US DVD Equity ETF | 0.28% | 18,591 | $520K | No change |
| FTCS First Trust Capital Strength | 0.27% | 5,575 | $500K | Reduce -2.8% |
| CI The Cigna Group | 0.26% | 1,458 | $480K | Add +0.2% |
| BSV Vanguard Short-Term Bond ETF | 0.26% | 6,113 | $479K | Reduce -2.0% |
| ASTS Ast Spacemobile Inc. | 0.25% | 20,752 | $472K | New |
| TOST Toast Inc. Class A | 0.24% | 13,391 | $444K | Reduce -0.1% |
| IP International Paper Co. | 0.24% | 8,269 | $441K | Reduce -5.4% |
| VOO Vanguard S&P 500 ETF | 0.23% | 845 | $434K | No change |
| BND Vanguard Total Bond Market | 0.23% | 5,897 | $433K | Reduce -2.5% |
| VIG Vanguard Dividend Apprec ETF | 0.23% | 2,225 | $432K | Reduce -5.7% |
| GLDD Great Lakes Dredge & Dock Co. | 0.23% | 48,736 | $424K | Reduce -46.8% |
| GSC Goldman Sachs Small Cap Equi | 0.22% | 8,843 | $412K | New |
| BSJP Invesco Bulletshares 2025 HY | 0.22% | 17,591 | $405K | Add +11.2% |
| LLY Eli Lilly & Co. | 0.22% | 490 | $405K | Add +3.6% |
| GBTC Grayscale Bitcoin Trust ETF | 0.22% | 6,179 | $403K | No change |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.21% | 3,235 | $394K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.21% | 1,429 | $393K | Add +215.4% |
| IEFA iShares Core MSCI Eafe ETF | 0.21% | 5,163 | $391K | Reduce -0.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.19% | 665 | $354K | Add +2.9% |
| IVV iShares Core S&P 500 ETF | 0.19% | 622 | $350K | Reduce -5.3% |
| SCHZ Schwab US Aggregate Bond ETF | 0.18% | 14,652 | $339K | Reduce -6.0% |
| MA Mastercard Inc. Class A | 0.18% | 610 | $334K | Add +1.7% |
| PAYX Paychex Inc. | 0.18% | 2,118 | $327K | Add +0.1% |
| TSLA Tesla Inc. | 0.17% | 1,200 | $311K | Add +3.9% |
| NEOG Neogen Corp. | 0.17% | 35,512 | $308K | Reduce -33.3% |
| VONE Vanguard Russell 1000 | 0.15% | 1,114 | $283K | Reduce -30.6% |
| AMGN Amgen Inc. | 0.15% | 868 | $270K | Add +6.8% |
| MO Altria Group Inc. | 0.14% | 4,376 | $263K | Add +10.2% |
| DFAX Dimensional World Ex US Core | 0.13% | 9,344 | $245K | No change |
| AVGO Broadcom Inc. | 0.11% | 1,228 | $206K | Add +3.2% |
| JNJ Johnson & Johnson | 0.11% | 1,198 | $199K | Add +7.9% |
| DGRO iShares Core Dividend Growth | 0.10% | 3,119 | $193K | Reduce -2.4% |
| NVR NVR Inc. | 0.10% | 26 | $188K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.10% | 4,128 | $187K | Reduce -13.5% |
| TFC Truist Financial Corp. | 0.10% | 4,476 | $184K | Reduce -8.2% |
| EGP Eastgroup Properties Inc. | 0.10% | 1,035 | $182K | No change |
| WFC Wells Fargo & Co. | 0.10% | 2,499 | $179K | Reduce -12.5% |
| PG The Procter & Gamble Co. | 0.10% | 1,039 | $177K | Add +7.2% |
| USB US Bancorp | 0.10% | 4,179 | $176K | Reduce -13.1% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $7K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 3 | $4K | No change |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 3 | $4K | No change |
| DJTWW Trump Media & Technology Gro | *W EXP 03/25/202 | 14 | $174 | No change |
Lines left out (3) · $40 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| C Citigroup Inc. | COM NEW | 0 | $24 |
| GPN Global Payments Inc. | COM | 0 | $10 |
| EL Estee Lauder Companies Class A | CL A | 0 | $6 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $185.3M.
Portfolio Sells Q4 2024 → Q1 2025
| UL Unilever PLC | Reduce -98.7% | 0.01% | −0.71 |
| AAPL Apple Inc. | Reduce -5.1% | 2.84% | −0.62 |
| GLDD Great Lakes Dredge & Dock Co. | Reduce -46.8% | 0.23% | −0.34 |
| FIVE Five Below | Sold out | 0.00% | −0.33 |
| IJR iShares Core S&P Small-Cap E | Reduce -29.5% | 0.46% | −0.28 |
| RCI Rogers Communications Inc. Class B | Reduce -95.0% | 0.01% | −0.28 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -14.8% | 1.03% | −0.27 |
| MKL Markel Group Inc. | Reduce -21.2% | 1.25% | −0.25 |
| VGT Vanguard Info Tech ETF | Reduce -29.7% | 0.34% | −0.23 |
| GBTG Global Business Travel Group | Reduce -16.7% | 0.37% | −0.21 |
| TSN Tyson Foods Inc. Class A | Reduce -100.0% | 0.00% | −0.20 |
| NEOG Neogen Corp. | Reduce -33.3% | 0.17% | −0.19 |
| META Meta Platforms Inc. Class A | Reduce -10.9% | 1.12% | −0.19 |
| SCHO Schwab Short-Term US Treas | Reduce -35.5% | 0.29% | −0.16 |
| AMZN Amazon.com Inc. | Reduce -1.0% | 0.82% | −0.16 |
| STT State Street Corp. | Reduce -0.0% | 1.11% | −0.14 |
| BAC Bank of America Corp. | Reduce -0.4% | 1.02% | −0.09 |
| VONE Vanguard Russell 1000 | Reduce -30.6% | 0.15% | −0.08 |
| MDY State Street SPDR S&P Midcap | Reduce -2.3% | 0.66% | −0.08 |
| ETSY Etsy Inc. | Reduce -7.7% | 0.28% | −0.07 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -52.0% | 0.04% | −0.05 |
| MRK Merck & Co. Inc. | Reduce -2.9% | 0.29% | −0.05 |
| RSP Invesco S&P 500 Equal Weight | Reduce -0.4% | 1.11% | −0.05 |
| PFF iShares Preferred & Income S | Reduce -0.9% | 0.58% | −0.03 |
| USB US Bancorp | Reduce -13.1% | 0.10% | −0.03 |
| ZIM Zim Integrated Shipping Serv | Sold out | 0.00% | −0.03 |
| TOST Toast Inc. Class A | Reduce -0.1% | 0.24% | −0.03 |
| LH Labcorp Holdings Inc. | Reduce -0.5% | 1.76% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -5.3% | 0.19% | −0.03 |
| VIG Vanguard Dividend Apprec ETF | Reduce -5.7% | 0.23% | −0.02 |
| IP International Paper Co. | Reduce -5.4% | 0.24% | −0.02 |
| QUAL iShares MSCI USA Quality Fac | Reduce -14.5% | 0.08% | −0.02 |
| TFC Truist Financial Corp. | Reduce -8.2% | 0.10% | −0.02 |
| FNDE Schwab Fndmntl Em MRK Eq ETF | Sold out | 0.00% | −0.02 |
| DGS Wisdomtree Em Small Cap | Reduce -0.1% | 0.40% | −0.02 |
| GNL Global Net Lease Inc. | Sold out | 0.00% | −0.02 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -30.7% | 0.04% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -13.5% | 0.10% | −0.02 |
| WFC Wells Fargo & Co. | Reduce -12.5% | 0.10% | −0.01 |
| KKR KKR & Co. Inc. | Reduce -5.1% | 0.04% | −0.01 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Sold out | 0.00% | −0.01 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -9.3% | 0.08% | −0.01 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -6.0% | 0.18% | −0.01 |
| SCHF Schwab Intl Equity ETF | Sold out | 0.00% | −0.01 |
| ENVX Enovix Corp. | Sold out | 0.00% | −0.01 |
| IQLT iShares MSCI International Q | Reduce -34.9% | 0.02% | −0.01 |
| SDVY First Trust Smid Cap Rising | Sold out | 0.00% | −0.01 |
| LMT Lockheed Martin Corp. | Reduce -15.3% | 0.03% | −0.01 |
| VLUE iShares MSCI USA Value Facto | Reduce -25.2% | 0.03% | −0.01 |
| FTCS First Trust Capital Strength | Reduce -2.8% | 0.27% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| GTO Invesco Total Return Bond Et | Add +33.2% | 4.69% | +1.12 |
| DFUS Dimensional US Eq MKT ETF | Add +22.9% | 7.04% | +0.84 |
| DFAI Dimensional International Co. | Add +13.1% | 4.59% | +0.69 |
| DFIC Dimensional International Co. | Add +8.1% | 4.53% | +0.53 |
| MGM MGM Resorts International | Add +93.9% | 1.29% | +0.49 |
| GDX Vaneck Gold Miners ETF | Add +73.0% | 0.76% | +0.43 |
| DUSB Dimension Ultrashort Fi ETF | Add +7.9% | 8.25% | +0.42 |
| UBER Uber Technologies Inc. | New | 0.35% | +0.35 |
| DFAE Dimensional Emerging Core Eq | Add +31.5% | 1.28% | +0.30 |
| ASTS Ast Spacemobile Inc. | New | 0.25% | +0.25 |
| GSC Goldman Sachs Small Cap Equi | New | 0.22% | +0.22 |
| VTI VG Morningstar TS MKT ETF-US | Add +215.4% | 0.21% | +0.14 |
| ARCO Arcos Dorados Holdings Inc. Class A | Add +2.2% | 1.04% | +0.10 |
| SHEL Shell PLC-ADR | Add +0.0% | 0.76% | +0.09 |
| PAAS Pan American Silver Corp. | Add +0.1% | 0.42% | +0.08 |
| YUMC Yum China Holdings Inc. | Add +9.5% | 0.61% | +0.08 |
| DFEM Dimensional Emrg MRKT Core | Add +8.8% | 1.06% | +0.07 |
| GILD Gilead Sciences Inc. | Add +4555.0% | 0.06% | +0.06 |
| SPLV Invesco S&P 500 Low Volatili | Add +6.6% | 0.56% | +0.06 |
| SFD Smithfield Foods Inc. | New | 0.06% | +0.06 |
| ABBV Abbvie Inc. | Add +3.0% | 0.32% | +0.05 |
| NOC Northrop Grumman Corp. | Add +0.0% | 0.67% | +0.04 |
| CI The Cigna Group | Add +0.2% | 0.26% | +0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.9% | 0.19% | +0.03 |
| AMGN Amgen Inc. | Add +6.8% | 0.15% | +0.03 |
| MO Altria Group Inc. | Add +10.2% | 0.14% | +0.03 |
| VOE Vngrd Mrngstr MD-Cap Val ETF | New | 0.03% | +0.03 |
| XOM Exxon Mobil Corp. | Add +1.0% | 0.32% | +0.03 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | New | 0.03% | +0.03 |
| JPM JPMorgan Chase & Co. | Add +5.4% | 0.49% | +0.02 |
| IVE iShares S&P 500 Value ETF | Add +340.7% | 0.03% | +0.02 |
| DIA SS SPDR Dow Jones Indus Avg | Add +131.9% | 0.04% | +0.02 |
| IWF iShares Russell 1000 Growth | Add +792.3% | 0.02% | +0.02 |
| DFAT Dimensional US Target Value | Add +15.9% | 0.45% | +0.02 |
| JNJ Johnson & Johnson | Add +7.9% | 0.11% | +0.02 |
| IJH iShares Core S&P Midcap ETF | New | 0.02% | +0.02 |
| NFLX Netflix Inc. | Add +0.2% | 0.84% | +0.02 |
| BSJP Invesco Bulletshares 2025 HY | Add +11.2% | 0.22% | +0.02 |
| MCD McDonald's Corp. | Add +365.4% | 0.02% | +0.02 |
| LLY Eli Lilly & Co. | Add +3.6% | 0.22% | +0.02 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Add +87.5% | 0.04% | +0.02 |
| GS Goldman Sachs Group Inc. | New | 0.02% | +0.02 |
| MUB iShares National Muni Bond E | New | 0.01% | +0.01 |
| MCK McKesson Corp. | New | 0.01% | +0.01 |
| PAYX Paychex Inc. | Add +0.1% | 0.18% | +0.01 |
| ABT Abbott Laboratories | Add +12.1% | 0.04% | +0.01 |
| V Visa Inc. Class A | Add +4.8% | 0.08% | +0.01 |
| IWP iShares Russell Mid-Cap Grow | New | 0.01% | +0.01 |
| LFVN Lifevantage Corp. | New | 0.01% | +0.01 |
| MDLZ Mondelez International Inc. Class A | Add +0.6% | 0.07% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,159 | $273.9M | DFAC, DUSB, DFUS, GTO, DFAI |
| Q1 2026 | 1,135 | $246.9M | DFAC, DUSB, DFUS, GTO, DFIC |
| Q4 2025 | 1,073 | $230.1M | DFAC, DUSB, DFUS, GTO, DFAI |
| Q3 2025 | 1,002 | $215.6M | DFAC, DUSB, DFUS, DFIC, DFAI |
| Q2 2025 | 861 | $199.8M | DFAC, DUSB, DFUS, DFIC, DFAI |
| Q1 2025 | 796 | $185.3M | DFAC, DUSB, DFUS, GTO, DFAI |
| Q4 2024 | 463 | $180.5M | DFAC, DUSB, DFUS, DFIC, DFAU |
| Q3 2024 | 470 | $172.5M | DFAC, DUSB, DFUS, DFAI, DFIC |
| Q2 2024 | 433 | $140.0M | DFAC, SCHO, DFIC, DFAU, DFAI |
| Q1 2024 | 450 | $114.5M | DFAC, SCHO, MGM, DFIC, AAPL |