American Capital Advisory, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 5, 2025), American Capital Advisory, LLC reported 861 stock positions worth $199.8 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 12.6% of the portfolio, followed by Dimension Ultrashort Fi ETF (DUSB, 8.2%) and Dimensional US Eq MKT ETF (DFUS, 7.1%). Compared with Q1 2025, it opened 214 new positions, sold out of 152, added to 305 and reduced 140. The biggest buy was Dimensional US Core Equity M (DFAU, shares +11%) and the biggest sale Apple (AAPL, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- KETCHUM, ID
- CIK
- 0002018007
- Portfolio Value
- $199.8M (Q2 2025)
- SEC Filing
- 0002018007-25-000004 ↗ filed Aug 5, 2025
Holdings Value
Holdings 861 stocks · $199.8M
| DFAC Dimensional US Core Equity 2 | 12.56% | 700,142 | $25.1M | Reduce -0.3% |
| DUSB Dimension Ultrashort Fi ETF | 8.18% | 322,284 | $16.4M | Add +6.9% |
| DFUS Dimensional US Eq MKT ETF | 7.07% | 210,728 | $14.1M | Reduce -2.3% |
| DFIC Dimensional International Co. | 4.81% | 309,456 | $9.6M | Add +2.3% |
| DFAI Dimensional International Co. | 4.51% | 261,001 | $9.0M | Reduce -4.3% |
| GTO Invesco Total Return Bond Et | 4.38% | 186,842 | $8.8M | Add +0.8% |
| DFAU Dimensional US Core Equity M | 4.16% | 196,482 | $8.3M | Add +11.0% |
| AAPL Apple Inc. | 2.36% | 22,974 | $4.7M | Reduce -3.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.88% | 8,562 | $3.8M | Add +0.5% |
| PM Philip Morris International | 1.85% | 20,328 | $3.7M | Reduce -4.4% |
| LH Labcorp Holdings Inc. | 1.84% | 13,975 | $3.7M | Reduce -0.5% |
| CSCO Cisco Systems Inc. | 1.38% | 39,844 | $2.8M | Reduce -0.1% |
| DFAE Dimensional Emerging Core Eq | 1.35% | 93,111 | $2.7M | Add +1.5% |
| RSP Invesco S&P 500 Equal Weight | 1.33% | 14,633 | $2.7M | Add +23.4% |
| META Meta Platforms Inc. Class A | 1.32% | 3,564 | $2.6M | Reduce -0.9% |
| ARCO Arcos Dorados Holdings Inc. Class A | 1.22% | 310,048 | $2.4M | Add +29.6% |
| STT State Street Corp. | 1.22% | 22,928 | $2.4M | Reduce -0.2% |
| DFEM Dimensional Emrg MRKT Core | 1.15% | 77,241 | $2.3M | Add +4.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.08% | 45,736 | $2.2M | Add +0.5% |
| MGM MGM Resorts International | 1.04% | 60,558 | $2.1M | Reduce -24.7% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.04% | 3,358 | $2.1M | Reduce -1.7% |
| MKL Markel Group Inc. | 0.99% | 987 | $2.0M | Reduce -20.3% |
| NVDA Nvidia Corp. | 0.97% | 12,293 | $1.9M | Reduce -2.9% |
| GOOG Alphabet Inc. Class C | 0.97% | 10,924 | $1.9M | Reduce -20.2% |
| PSLV Sprott Physical Silver Trust | 0.96% | 157,530 | $1.9M | Reduce -0.7% |
| NFLX Netflix Inc. | 0.93% | 1,393 | $1.9M | Reduce -16.4% |
| ORCL Oracle Corp. | 0.85% | 7,734 | $1.7M | Add +0.3% |
| VEU Vanguard Ftse All-World Ex-U | 0.82% | 24,527 | $1.6M | Reduce -1.7% |
| GDX Vaneck Gold Miners ETF | 0.80% | 30,674 | $1.6M | Reduce -0.3% |
| WMT Walmart Inc. | 0.74% | 15,145 | $1.5M | Add +1.2% |
| GLD SPDR Gold Shares | 0.71% | 4,638 | $1.4M | Reduce -10.3% |
| SHEL Shell PLC-ADR | 0.67% | 19,087 | $1.3M | Reduce -0.2% |
| MSFT Microsoft Corp. | 0.66% | 2,647 | $1.3M | Add +1.0% |
| MDY State Street SPDR S&P Midcap | 0.64% | 2,266 | $1.3M | Reduce -1.5% |
| NOC Northrop Grumman Corp. | 0.61% | 2,441 | $1.2M | Add +0.1% |
| UBER Uber Technologies Inc. | 0.61% | 13,006 | $1.2M | Add +47.8% |
| AMZN Amazon.com Inc. | 0.54% | 4,929 | $1.1M | Reduce -38.2% |
| PFF iShares Preferred & Income S | 0.52% | 33,998 | $1.0M | Reduce -3.1% |
| JPM JPMorgan Chase & Co. | 0.52% | 3,582 | $1.0M | Reduce -3.1% |
| ESGU iShares ESG Aware MSCI USA | 0.50% | 7,323 | $991K | Reduce -0.1% |
| SPLV Invesco S&P 500 Low Volatili | 0.49% | 13,586 | $989K | Reduce -2.6% |
| ASTS Ast Spacemobile Inc. | 0.48% | 20,662 | $966K | Reduce -0.4% |
| YUMC Yum China Holdings Inc. | 0.48% | 21,485 | $961K | Reduce -0.6% |
| IDV iShares International Select | 0.48% | 27,835 | $961K | Reduce -1.9% |
| COST Costco Wholesale Corp. | 0.48% | 959 | $949K | Add +0.4% |
| PAAS Pan American Silver Corp. | 0.43% | 30,114 | $855K | Reduce -0.0% |
| DGS Wisdomtree Em Small Cap | 0.41% | 14,900 | $823K | Reduce -1.8% |
| IJR iShares Core S&P Small-Cap E | 0.40% | 7,250 | $792K | Reduce -10.9% |
| RIO Rio Tinto PLC-Spon ADR | 0.39% | 13,347 | $779K | New |
| VGT Vanguard Info Tech ETF | 0.37% | 1,114 | $739K | Reduce -3.5% |
| SNY Sanofi-ADR | 0.37% | 15,118 | $730K | Reduce -0.7% |
| DFAT Dimensional US Target Value | 0.35% | 13,061 | $705K | Reduce -19.9% |
| SCHD Schwab US DVD Equity ETF | 0.33% | 24,982 | $662K | Add +34.4% |
| OMC Omnicom Group | 0.32% | 9,024 | $649K | Add +0.0% |
| WTM White Mountains Insurance GP | 0.32% | 357 | $641K | No change |
| PEP Pepsico Inc. | 0.30% | 4,577 | $604K | Reduce -2.4% |
| GBTG Global Business Travel Group | 0.30% | 94,590 | $596K | Reduce -0.6% |
| GLDD Great Lakes Dredge & Dock Co. | 0.30% | 48,416 | $590K | Reduce -0.7% |
| TOST Toast Inc. Class A | 0.30% | 13,324 | $590K | Reduce -0.5% |
| JEPI JPMorgan Equity Premium Inco | 0.29% | 10,103 | $574K | Reduce -0.1% |
| CTRA Coterra Energy Inc. | 0.28% | 22,217 | $564K | Add +0.0% |
| XOM Exxon Mobil Corp. | 0.27% | 5,025 | $542K | Add +0.8% |
| SCHO Schwab Short-Term US Treas | 0.26% | 21,673 | $528K | Reduce -0.7% |
| ABBV Abbvie Inc. | 0.26% | 2,835 | $526K | Add +0.7% |
| GBTC Grayscale Bitcoin Trust ETF | 0.26% | 6,160 | $523K | Reduce -0.3% |
| FTCS First Trust Capital Strength | 0.25% | 5,468 | $497K | Reduce -1.9% |
| CI The Cigna Group | 0.24% | 1,461 | $483K | Add +0.2% |
| VOO Vanguard S&P 500 ETF | 0.24% | 845 | $480K | No change |
| MRK Merck & Co. Inc. | 0.24% | 6,006 | $475K | Add +0.4% |
| GSC Goldman Sachs Small Cap Equi | 0.23% | 9,271 | $468K | Add +4.8% |
| VIG Vanguard Dividend Apprec ETF | 0.23% | 2,225 | $455K | No change |
| VTI VG Morningstar TS MKT ETF-US | 0.22% | 1,429 | $434K | No change |
| CRM Salesforce Inc. | 0.20% | 1,485 | $405K | Add +285.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 3,257 | $402K | Add +0.7% |
| BSJP Invesco Bulletshares 2025 HY | 0.20% | 17,135 | $395K | Reduce -2.6% |
| TSLA Tesla Inc. | 0.20% | 1,240 | $394K | Add +3.3% |
| LLY Eli Lilly & Co. | 0.19% | 499 | $389K | Add +1.8% |
| IP International Paper Co. | 0.19% | 8,272 | $387K | Add +0.0% |
| IVV iShares Core S&P 500 ETF | 0.19% | 622 | $386K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.18% | 7,294 | $361K | Add +76.7% |
| AVGO Broadcom Inc. | 0.18% | 1,280 | $353K | Add +4.2% |
| MA Mastercard Inc. Class A | 0.17% | 615 | $346K | Add +0.8% |
| SCHZ Schwab US Aggregate Bond ETF | 0.17% | 14,652 | $341K | No change |
| IEFA iShares Core MSCI Eafe ETF | 0.17% | 4,005 | $334K | Reduce -22.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.17% | 681 | $331K | Add +2.4% |
| VONE Vanguard Russell 1000 | 0.16% | 1,105 | $310K | Reduce -0.8% |
| PAYX Paychex Inc. | 0.15% | 2,125 | $309K | Add +0.3% |
| MO Altria Group Inc. | 0.13% | 4,398 | $258K | Add +0.5% |
| AMGN Amgen Inc. | 0.12% | 875 | $244K | Add +0.8% |
| SPRY Ars Pharmaceuticals Inc. | 0.12% | 13,413 | $234K | New |
| WFC Wells Fargo & Co. | 0.10% | 2,574 | $206K | Add +3.0% |
| TFC Truist Financial Corp. | 0.10% | 4,506 | $194K | Add +0.7% |
| NVR NVR Inc. | 0.10% | 26 | $192K | No change |
| USB US Bancorp | 0.10% | 4,217 | $191K | Add +0.9% |
| HON Honeywell International Inc. | 0.10% | 816 | $190K | Add +0.6% |
| JNJ Johnson & Johnson | 0.09% | 1,225 | $187K | Add +2.3% |
| BSV Vanguard Short-Term Bond ETF | 0.09% | 2,251 | $177K | Reduce -63.2% |
| D Dominion Energy Inc. | 0.09% | 3,110 | $176K | Add +179.4% |
| EGP Eastgroup Properties Inc. | 0.09% | 1,037 | $173K | Add +0.2% |
| SCHC Schwab Intl Small-Cap Equity | 0.09% | 4,063 | $173K | Add +95.2% |
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 | $160 | No change |
Total filed on the 13F, all lines: $199.9M.
Portfolio Sells Q1 2025 → Q2 2025
| AAPL Apple Inc. | Reduce -3.1% | 2.36% | −0.48 |
| ETSY Etsy Inc. | Reduce -100.0% | 0.00% | −0.28 |
| AMZN Amazon.com Inc. | Reduce -38.2% | 0.54% | −0.28 |
| MKL Markel Group Inc. | Reduce -20.3% | 0.99% | −0.26 |
| MGM MGM Resorts International | Reduce -24.7% | 1.04% | −0.24 |
| BND Vanguard Total Bond Market | Sold out | 0.00% | −0.23 |
| GOOG Alphabet Inc. Class C | Reduce -20.2% | 0.97% | −0.18 |
| BSV Vanguard Short-Term Bond ETF | Reduce -63.2% | 0.09% | −0.17 |
| YUMC Yum China Holdings Inc. | Reduce -0.6% | 0.48% | −0.13 |
| DFAT Dimensional US Target Value | Reduce -19.9% | 0.35% | −0.10 |
| GLD SPDR Gold Shares | Reduce -10.3% | 0.71% | −0.10 |
| SNY Sanofi-ADR | Reduce -0.7% | 0.37% | −0.09 |
| SHEL Shell PLC-ADR | Reduce -0.2% | 0.67% | −0.08 |
| NEOG Neogen Corp. | Reduce -0.4% | 0.08% | −0.08 |
| DFAI Dimensional International Co. | Reduce -4.3% | 4.51% | −0.08 |
| PEP Pepsico Inc. | Reduce -2.4% | 0.30% | −0.08 |
| GBTG Global Business Travel Group | Reduce -0.6% | 0.30% | −0.07 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -2.6% | 0.49% | −0.07 |
| IJR iShares Core S&P Small-Cap E | Reduce -10.9% | 0.40% | −0.06 |
| PFF iShares Preferred & Income S | Reduce -3.1% | 0.52% | −0.06 |
| DFAX Dimensional World Ex US Core | Reduce -42.5% | 0.08% | −0.05 |
| SWK Stanley Black & Decker Inc. | Reduce -70.7% | 0.01% | −0.05 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -22.4% | 0.17% | −0.04 |
| DGRO iShares Core Dividend Growth | Reduce -34.5% | 0.07% | −0.04 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -95.6% | 0.00% | −0.03 |
| STIP iShares 0-5 Year Tips Bond E | Reduce -86.5% | 0.00% | −0.03 |
| DVN Devon Energy Corp. | Reduce -99.5% | 0.00% | −0.03 |
| V Visa Inc. Class A | Reduce -32.5% | 0.05% | −0.03 |
| BERY Berry Global Group Inc. | Sold out | 0.00% | −0.03 |
| QUAL iShares MSCI USA Quality Fac | Reduce -33.6% | 0.05% | −0.03 |
| PSLV Sprott Physical Silver Trust | Reduce -0.7% | 0.96% | −0.03 |
| IVE iShares S&P 500 Value ETF | Sold out | 0.00% | −0.03 |
| VLUE iShares MSCI USA Value Facto | Sold out | 0.00% | −0.03 |
| JEPI JPMorgan Equity Premium Inco | Reduce -0.1% | 0.29% | −0.02 |
| MTUM iShares MSCI USA Momentum Fa | Reduce -35.1% | 0.06% | −0.02 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Reduce -64.8% | 0.01% | −0.02 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Sold out | 0.00% | −0.02 |
| ECL Ecolab Inc. | Reduce -96.5% | 0.00% | −0.02 |
| IQLT iShares MSCI International Q | Sold out | 0.00% | −0.02 |
| SCHO Schwab Short-Term US Treas | Reduce -0.7% | 0.26% | −0.02 |
| FTCS First Trust Capital Strength | Reduce -1.9% | 0.25% | −0.02 |
| BSJP Invesco Bulletshares 2025 HY | Reduce -2.6% | 0.20% | −0.02 |
| MDY State Street SPDR S&P Midcap | Reduce -1.5% | 0.64% | −0.02 |
| INDA iShares MSCI India ETF | Sold out | 0.00% | −0.02 |
| PG The Procter & Gamble Co. | Reduce -6.7% | 0.08% | −0.02 |
| LMB Limbach Holdings Inc. | Sold out | 0.00% | −0.01 |
| FNDA Schwab Fndmntl US SM Co. ETF | Sold out | 0.00% | −0.01 |
| WMPN William Penn Bancorp | Sold out | 0.00% | −0.01 |
| DAL Delta Air Lines Inc. | Reduce -25.9% | 0.04% | −0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -42.1% | 0.03% | −0.01 |
Portfolio Buys Q1 2025 → Q2 2025
| DFAU Dimensional US Core Equity M | Add +11.0% | 4.16% | +0.49 |
| RIO Rio Tinto PLC-Spon ADR | New | 0.39% | +0.39 |
| DFIC Dimensional International Co. | Add +2.3% | 4.81% | +0.28 |
| ORCL Oracle Corp. | Add +0.3% | 0.85% | +0.26 |
| UBER Uber Technologies Inc. | Add +47.8% | 0.61% | +0.26 |
| RSP Invesco S&P 500 Equal Weight | Add +23.4% | 1.33% | +0.22 |
| ARCO Arcos Dorados Holdings Inc. Class A | Add +29.6% | 1.22% | +0.18 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +0.5% | 1.88% | +0.17 |
| CRM Salesforce Inc. | Add +285.7% | 0.20% | +0.15 |
| MSFT Microsoft Corp. | Add +1.0% | 0.66% | +0.13 |
| SPRY Ars Pharmaceuticals Inc. | New | 0.12% | +0.12 |
| DFEM Dimensional Emrg MRKT Core | Add +4.2% | 1.15% | +0.09 |
| VWO Vanguard Ftse Emerging Marke | Add +76.7% | 0.18% | +0.08 |
| DFAE Dimensional Emerging Core Eq | Add +1.5% | 1.35% | +0.07 |
| AVGO Broadcom Inc. | Add +4.2% | 0.18% | +0.07 |
| BAC Bank of America Corp. | Add +0.5% | 1.08% | +0.06 |
| D Dominion Energy Inc. | Add +179.4% | 0.09% | +0.05 |
| SCHD Schwab US DVD Equity ETF | Add +34.4% | 0.33% | +0.05 |
| SCHC Schwab Intl Small-Cap Equity | Add +95.2% | 0.09% | +0.05 |
| PLTR Palantir Technologies Inc. Class A | Add +109.7% | 0.06% | +0.04 |
| NSC Norfolk Southern Corp. | Add +8500.0% | 0.03% | +0.03 |
| WMT Walmart Inc. | Add +1.2% | 0.74% | +0.03 |
| TSLA Tesla Inc. | Add +3.3% | 0.20% | +0.03 |
| AMCR Amcor PLC | Add +20923.1% | 0.03% | +0.03 |
| TSM Taiwan Semiconductor-SP ADR | Add +63.6% | 0.05% | +0.02 |
| UNH Unitedhealth Group Inc. | Add +147.8% | 0.08% | +0.02 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Add +49.1% | 0.04% | +0.01 |
| EQX Equinox Gold Corp. | New | 0.01% | +0.01 |
| ZS Zscaler Inc. | Add +0.4% | 0.04% | +0.01 |
| MPB Mid Penn Bancorp Inc. | New | 0.01% | +0.01 |
| GSC Goldman Sachs Small Cap Equi | Add +4.8% | 0.23% | +0.01 |
| BRSL Brightstar Lottery PLC | Add +293.3% | 0.02% | +0.01 |
| FLEX Flex Ltd. | Add +0.9% | 0.04% | +0.01 |
| QXO Qxo Inc. | Add +258.0% | 0.01% | +0.01 |
| COF Capital One Financial Corp. | New | 0.01% | +0.01 |
| AMD Advanced Micro Devices | Add +27.4% | 0.02% | +0.01 |
| DIS The Walt Disney Co. | Add +7.6% | 0.04% | +0.01 |
| NOW ServiceNow Inc. | Add +10.0% | 0.03% | +0.01 |
| VOD Vodafone Group PLC-SP ADR | New | 0.01% | +0.01 |
| WFC Wells Fargo & Co. | Add +3.0% | 0.10% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +17.0% | 0.02% | +0.01 |
| BA The Boeing Co. | Add +4.9% | 0.04% | +0.01 |
| GOOGL Alphabet Inc. Class A | Add +6.5% | 0.05% | +0.01 |
| QBTS D-Wave Quantum Inc. | Add +1.0% | 0.01% | +0.01 |
| JRVR James River Group Holdings I | New | 0.00% | +0.00 |
| AXP American Express Co. | Add +14.8% | 0.02% | +0.00 |
| TECH Bio-Techne Corp. | New | 0.00% | +0.00 |
| GE General Electric | Add +79.3% | 0.01% | +0.00 |
| NVTS Navitas Semiconductor Corp. | New | 0.00% | +0.00 |
| PFE Pfizer Inc. | Add +22.4% | 0.04% | +0.00 |
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 |