American Capital Advisory, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), American Capital Advisory, LLC reported 1,002 stock positions worth $215.6 million. Its top holding was Dimensional US Core Equity 2 (DFAC) at 12.9% of the portfolio, followed by Dimension Ultrashort Fi ETF (DUSB, 8.1%) and Dimensional US Eq MKT ETF (DFUS, 7.3%). Compared with Q2 2025, it opened 198 new positions, sold out of 57, added to 236 and reduced 217. The biggest buy was Dimensional US Core Equity 2 (DFAC, shares +3%) and the biggest sale Philip Morris International (PM, shares −14%).
- Most Recent 13F
- Q2 2026
- Location
- KETCHUM, ID
- CIK
- 0002018007
- Portfolio Value
- $215.6M (Q3 2025)
- SEC Filing
- 0002018007-25-000005 ↗ filed Oct 28, 2025
Holdings Value
Holdings 1,002 stocks · $215.6M
| DFAC Dimensional US Core Equity 2 | 12.86% | 718,911 | $27.7M | Add +2.7% |
| DUSB Dimension Ultrashort Fi ETF | 8.07% | 342,524 | $17.4M | Add +6.3% |
| DFUS Dimensional US Eq MKT ETF | 7.29% | 216,874 | $15.7M | Add +2.9% |
| DFIC Dimensional International Co. | 4.78% | 314,087 | $10.3M | Add +1.5% |
| DFAI Dimensional International Co. | 4.51% | 267,232 | $9.7M | Add +2.4% |
| GTO Invesco Total Return Bond Et | 4.29% | 194,485 | $9.2M | Add +4.1% |
| DFAU Dimensional US Core Equity M | 4.14% | 195,051 | $8.9M | Reduce -0.7% |
| AAPL Apple Inc. | 2.64% | 22,357 | $5.7M | Reduce -2.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.90% | 8,537 | $4.1M | Reduce -0.3% |
| LH Labcorp Holdings Inc. | 1.81% | 13,573 | $3.9M | Reduce -2.9% |
| DFAE Dimensional Emerging Core Eq | 1.32% | 90,464 | $2.9M | Reduce -2.8% |
| PM Philip Morris International | 1.32% | 17,545 | $2.8M | Reduce -13.7% |
| RSP Invesco S&P 500 Equal Weight | 1.29% | 14,657 | $2.8M | Add +0.2% |
| GOOG Alphabet Inc. Class C | 1.22% | 10,841 | $2.6M | Reduce -0.8% |
| STT State Street Corp. | 1.22% | 22,756 | $2.6M | Reduce -0.8% |
| DFEM Dimensional Emrg MRKT Core | 1.19% | 80,096 | $2.6M | Add +3.7% |
| PSLV Sprott Physical Silver Trust | 1.15% | 157,693 | $2.5M | Add +0.1% |
| CSCO Cisco Systems Inc. | 1.10% | 34,798 | $2.4M | Reduce -12.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.08% | 45,214 | $2.3M | Reduce -1.1% |
| META Meta Platforms Inc. Class A | 1.06% | 3,098 | $2.3M | Reduce -13.1% |
| NVDA Nvidia Corp. | 1.02% | 11,824 | $2.2M | Reduce -3.8% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.02% | 3,296 | $2.2M | Reduce -1.9% |
| ORCL Oracle Corp. | 1.01% | 7,736 | $2.2M | Add +0.0% |
| MGM MGM Resorts International | 0.96% | 59,696 | $2.1M | Reduce -1.4% |
| ARCO Arcos Dorados Holdings Inc. Class A | 0.87% | 277,139 | $1.9M | Reduce -10.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.86% | 25,865 | $1.8M | Add +5.5% |
| MKL Markel Group Inc. | 0.85% | 959 | $1.8M | Reduce -2.8% |
| GDX Vaneck Gold Miners ETF | 0.85% | 23,868 | $1.8M | Reduce -22.2% |
| AMZN Amazon.com Inc. | 0.82% | 8,081 | $1.8M | Add +64.0% |
| NFLX Netflix Inc. | 0.76% | 1,375 | $1.6M | Reduce -1.3% |
| GLD SPDR Gold Shares | 0.73% | 4,453 | $1.6M | Reduce -4.0% |
| WMT Walmart Inc. | 0.72% | 15,158 | $1.6M | Add +0.1% |
| NOC Northrop Grumman Corp. | 0.69% | 2,441 | $1.5M | No change |
| MSFT Microsoft Corp. | 0.66% | 2,738 | $1.4M | Add +3.4% |
| SHEL Shell PLC-ADR | 0.63% | 19,111 | $1.4M | Add +0.1% |
| MDY State Street SPDR S&P Midcap | 0.63% | 2,274 | $1.4M | Add +0.3% |
| UBER Uber Technologies Inc. | 0.58% | 12,772 | $1.3M | Reduce -1.8% |
| PAAS Pan American Silver Corp. | 0.54% | 30,291 | $1.2M | Add +0.6% |
| JPM JPMorgan Chase & Co. | 0.49% | 3,362 | $1.1M | Reduce -6.1% |
| ESGU iShares ESG Aware MSCI USA | 0.48% | 7,051 | $1.0M | Reduce -3.7% |
| IDV iShares International Select | 0.47% | 27,902 | $1.0M | Add +0.2% |
| GBTG Global Business Travel Group | 0.47% | 125,851 | $1.0M | Add +33.0% |
| SPLV Invesco S&P 500 Low Volatili | 0.45% | 13,209 | $971K | Reduce -2.8% |
| YUMC Yum China Holdings Inc. | 0.43% | 21,682 | $931K | Add +0.9% |
| RIO Rio Tinto PLC-Spon ADR | 0.41% | 13,360 | $882K | Add +0.1% |
| IJR iShares Core S&P Small-Cap E | 0.40% | 7,265 | $863K | Add +0.2% |
| JEPI JPMorgan Equity Premium Inco | 0.40% | 14,954 | $854K | Add +48.0% |
| DGS Wisdomtree Em Small Cap | 0.40% | 14,946 | $853K | Add +0.3% |
| COST Costco Wholesale Corp. | 0.37% | 859 | $795K | Reduce -10.4% |
| DFAT Dimensional US Target Value | 0.37% | 13,651 | $795K | Add +4.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.36% | 2,363 | $775K | Add +65.4% |
| VGT Vanguard Info Tech ETF | 0.36% | 1,030 | $769K | Reduce -7.5% |
| OMC Omnicom Group | 0.34% | 9,026 | $736K | Add +0.0% |
| PFF iShares Preferred & Income S | 0.32% | 21,814 | $690K | Reduce -35.8% |
| SCHD Schwab US DVD Equity ETF | 0.32% | 25,129 | $686K | Add +0.6% |
| SNY Sanofi-ADR | 0.32% | 14,511 | $685K | Reduce -4.0% |
| EQX Equinox Gold Corp. | 0.31% | 60,064 | $674K | Add +1257.7% |
| VOO Vanguard S&P 500 ETF | 0.31% | 1,100 | $673K | Add +30.2% |
| ABBV Abbvie Inc. | 0.30% | 2,835 | $656K | No change |
| ASTS Ast Spacemobile Inc. | 0.30% | 13,182 | $647K | Reduce -36.2% |
| PEP Pepsico Inc. | 0.30% | 4,583 | $644K | Add +0.1% |
| TOST Toast Inc. Class A | 0.28% | 16,614 | $607K | Add +24.7% |
| WTM White Mountains Insurance GP | 0.28% | 357 | $597K | No change |
| TSLA Tesla Inc. | 0.27% | 1,311 | $583K | Add +5.7% |
| GLDD Great Lakes Dredge & Dock Co. | 0.27% | 48,591 | $583K | Add +0.4% |
| XOM Exxon Mobil Corp. | 0.26% | 5,026 | $567K | Add +0.0% |
| GBTC Grayscale Bitcoin Trust ETF | 0.26% | 6,160 | $553K | No change |
| SCHO Schwab Short-Term US Treas | 0.24% | 21,520 | $525K | Reduce -0.7% |
| CTRA Coterra Energy Inc. | 0.24% | 21,824 | $516K | Reduce -1.8% |
| FTCS First Trust Capital Strength | 0.24% | 5,486 | $514K | Add +0.3% |
| MRK Merck & Co. Inc. | 0.23% | 6,016 | $505K | Add +0.2% |
| VIG Vanguard Dividend Apprec ETF | 0.23% | 2,298 | $496K | Add +3.3% |
| GSC Goldman Sachs Small Cap Equi | 0.23% | 9,282 | $495K | Add +0.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.22% | 3,254 | $470K | Reduce -0.1% |
| AVGO Broadcom Inc. | 0.20% | 1,280 | $422K | No change |
| CI The Cigna Group | 0.20% | 1,461 | $421K | No change |
| IVV iShares Core S&P 500 ETF | 0.19% | 622 | $416K | No change |
| VWO Vanguard Ftse Emerging Marke | 0.19% | 7,502 | $406K | Add +2.9% |
| CAT Caterpillar Inc. | 0.18% | 812 | $388K | Add +5700.0% |
| IP International Paper Co. | 0.18% | 8,271 | $384K | Reduce -0.0% |
| LLY Eli Lilly & Co. | 0.17% | 494 | $377K | Reduce -1.0% |
| BSJP Invesco Bulletshares 2025 HY | 0.17% | 16,228 | $374K | Reduce -5.3% |
| MA Mastercard Inc. Class A | 0.16% | 615 | $350K | No change |
| CRM Salesforce Inc. | 0.16% | 1,475 | $350K | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.15% | 662 | $333K | Reduce -2.8% |
| MO Altria Group Inc. | 0.13% | 4,396 | $290K | Reduce -0.1% |
| BSV Vanguard Short-Term Bond ETF | 0.13% | 3,505 | $277K | Add +55.7% |
| PAYX Paychex Inc. | 0.12% | 2,121 | $269K | Reduce -0.2% |
| IEFA iShares Core MSCI Eafe ETF | 0.12% | 2,899 | $253K | Reduce -27.6% |
| AMGN Amgen Inc. | 0.11% | 870 | $246K | Reduce -0.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.11% | 408 | $245K | Add +159.9% |
| MTUM iShares MSCI USA Momentum Fa | 0.11% | 911 | $234K | Add +85.2% |
| TOWN Towne Bank | 0.11% | 6,755 | $234K | Add +350.3% |
| USB US Bancorp | 0.11% | 4,792 | $232K | Add +13.6% |
| JNJ Johnson & Johnson | 0.11% | 1,227 | $228K | Add +0.2% |
| DUHP Dimensional US High Profi Et | 0.10% | 5,871 | $222K | Add +76.2% |
| NVR NVR Inc. | 0.10% | 26 | $209K | No change |
| TFC Truist Financial Corp. | 0.10% | 4,506 | $206K | No change |
| WFC Wells Fargo & Co. | 0.09% | 2,427 | $203K | Reduce -5.7% |
| VONE Vanguard Russell 1000 | 0.09% | 654 | $198K | Reduce -40.8% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $8K (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 | $114 | No change |
Total filed on the 13F, all lines: $215.6M.
Portfolio Sells Q2 2025 → Q3 2025
| PM Philip Morris International | Reduce -13.7% | 1.32% | −0.53 |
| ARCO Arcos Dorados Holdings Inc. Class A | Reduce -10.6% | 0.87% | −0.36 |
| CSCO Cisco Systems Inc. | Reduce -12.7% | 1.10% | −0.28 |
| META Meta Platforms Inc. Class A | Reduce -13.1% | 1.06% | −0.26 |
| PFF iShares Preferred & Income S | Reduce -35.8% | 0.32% | −0.20 |
| ASTS Ast Spacemobile Inc. | Reduce -36.2% | 0.30% | −0.18 |
| NFLX Netflix Inc. | Reduce -1.3% | 0.76% | −0.17 |
| SCHZ Schwab US Aggregate Bond ETF | Reduce -96.2% | 0.01% | −0.16 |
| MKL Markel Group Inc. | Reduce -2.8% | 0.85% | −0.14 |
| COST Costco Wholesale Corp. | Reduce -10.4% | 0.37% | −0.11 |
| NEOG Neogen Corp. | Sold out | 0.00% | −0.08 |
| MGM MGM Resorts International | Reduce -1.4% | 0.96% | −0.08 |
| VONE Vanguard Russell 1000 | Reduce -40.8% | 0.09% | −0.06 |
| IBB iShares Biotechnology ETF | Sold out | 0.00% | −0.06 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -27.6% | 0.12% | −0.05 |
| SNY Sanofi-ADR | Reduce -4.0% | 0.32% | −0.05 |
| SPLV Invesco S&P 500 Low Volatili | Reduce -2.8% | 0.45% | −0.04 |
| CTRA Coterra Energy Inc. | Reduce -1.8% | 0.24% | −0.04 |
| CRM Salesforce Inc. | Reduce -0.7% | 0.16% | −0.04 |
| PAYX Paychex Inc. | Reduce -0.2% | 0.12% | −0.03 |
| LH Labcorp Holdings Inc. | Reduce -2.9% | 1.81% | −0.03 |
| JPM JPMorgan Chase & Co. | Reduce -6.1% | 0.49% | −0.03 |
| UBER Uber Technologies Inc. | Reduce -1.8% | 0.58% | −0.03 |
| DFAE Dimensional Emerging Core Eq | Reduce -2.8% | 1.32% | −0.03 |
| BSJP Invesco Bulletshares 2025 HY | Reduce -5.3% | 0.17% | −0.02 |
| DFAU Dimensional US Core Equity M | Reduce -0.7% | 4.14% | −0.02 |
| CHX Championx Corp. | Sold out | 0.00% | −0.02 |
| SCHO Schwab Short-Term US Treas | Reduce -0.7% | 0.24% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -1.0% | 0.17% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -1.9% | 1.02% | −0.02 |
| ESGU iShares ESG Aware MSCI USA | Reduce -3.7% | 0.48% | −0.02 |
| IP International Paper Co. | Reduce -0.0% | 0.18% | −0.02 |
| HON Honeywell International Inc. | Reduce -0.1% | 0.08% | −0.02 |
| QUAL iShares MSCI USA Quality Fac | Reduce -24.9% | 0.04% | −0.01 |
| BA The Boeing Co. | Reduce -36.7% | 0.02% | −0.01 |
| HD Home Depot Inc. | Reduce -37.1% | 0.02% | −0.01 |
| VGT Vanguard Info Tech ETF | Reduce -7.5% | 0.36% | −0.01 |
| ACWI iShares MSCI Acwi ETF | Reduce -90.5% | 0.00% | −0.01 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.8% | 0.15% | −0.01 |
| CHWY Chewy Inc. Class A | Reduce -90.7% | 0.00% | −0.01 |
| SCHA Schwab US Small-Cap ETF | Sold out | 0.00% | −0.01 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.3% | 0.06% | −0.01 |
| AMD Advanced Micro Devices | Reduce -43.0% | 0.01% | −0.01 |
| DGRO iShares Core Dividend Growth | Reduce -12.5% | 0.06% | −0.01 |
| WFC Wells Fargo & Co. | Reduce -5.7% | 0.09% | −0.01 |
| AMGN Amgen Inc. | Reduce -0.6% | 0.11% | −0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -7.1% | 0.02% | −0.01 |
| CMCSA Comcast Corp. Class A | Reduce -0.8% | 0.03% | −0.01 |
| NEE Nextera Energy Inc. | Reduce -67.3% | 0.00% | −0.01 |
| CARR Carrier Global Corp. | Reduce -0.4% | 0.02% | −0.01 |
Portfolio Buys Q2 2025 → Q3 2025
| DFAC Dimensional US Core Equity 2 | Add +2.7% | 12.86% | +0.31 |
| EQX Equinox Gold Corp. | Add +1257.7% | 0.31% | +0.30 |
| AMZN Amazon.com Inc. | Add +64.0% | 0.82% | +0.28 |
| DFUS Dimensional US Eq MKT ETF | Add +2.9% | 7.29% | +0.22 |
| PSLV Sprott Physical Silver Trust | Add +0.1% | 1.15% | +0.18 |
| CAT Caterpillar Inc. | Add +5700.0% | 0.18% | +0.18 |
| GBTG Global Business Travel Group | Add +33.0% | 0.47% | +0.17 |
| ORCL Oracle Corp. | Add +0.0% | 1.01% | +0.16 |
| VTI VG Morningstar TS MKT ETF-US | Add +65.4% | 0.36% | +0.14 |
| PAAS Pan American Silver Corp. | Add +0.6% | 0.54% | +0.12 |
| JEPI JPMorgan Equity Premium Inco | Add +48.0% | 0.40% | +0.11 |
| TOWN Towne Bank | Add +350.3% | 0.11% | +0.08 |
| TSLA Tesla Inc. | Add +5.7% | 0.27% | +0.07 |
| VOO Vanguard S&P 500 ETF | Add +30.2% | 0.31% | +0.07 |
| QQQ Invesco QQQ Trust Series 1 | Add +159.9% | 0.11% | +0.07 |
| MTUM iShares MSCI USA Momentum Fa | Add +85.2% | 0.11% | +0.05 |
| JEPQ JPM Nasdaq Equity Premium | New | 0.05% | +0.05 |
| DFEM Dimensional Emrg MRKT Core | Add +3.7% | 1.19% | +0.04 |
| DUHP Dimensional US High Profi Et | Add +76.2% | 0.10% | +0.04 |
| DFUV Dimensional US Marketwide Va | Add +102.7% | 0.09% | +0.04 |
| BSV Vanguard Short-Term Bond ETF | Add +55.7% | 0.13% | +0.04 |
| CCJ Cameco Corp. | New | 0.04% | +0.04 |
| AGG iShares Core U.S. Aggregate | New | 0.04% | +0.04 |
| VEA Vanguard Ftse Developed ETF | Add +88.5% | 0.07% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +5.5% | 0.86% | +0.03 |
| QQQE Dirx Nasdaq-100EQ Wi ETF-Usd | Add +63.5% | 0.06% | +0.02 |
| CVX Chevron Corp. | Add +559.3% | 0.03% | +0.02 |
| DFIV Dimensional International Va | Add +103.2% | 0.04% | +0.02 |
| IMTM iShares MSCI Intl Momentum F | Add +99.9% | 0.04% | +0.02 |
| RIO Rio Tinto PLC-Spon ADR | Add +0.1% | 0.41% | +0.02 |
| DIHP Dimensional International Hi | Add +113.4% | 0.04% | +0.02 |
| AVSC Avantis US Small Cap Equity | New | 0.02% | +0.02 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +344.3% | 0.02% | +0.02 |
| BNDX Vanguard Total Intl Bond ETF | New | 0.02% | +0.02 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +46.9% | 0.05% | +0.02 |
| BMNR Bitmine Immersion Technologi | New | 0.02% | +0.02 |
| OMC Omnicom Group | Add +0.0% | 0.34% | +0.02 |
| SLB SLB Ltd. | Add +89.7% | 0.04% | +0.02 |
| DFAT Dimensional US Target Value | Add +4.5% | 0.37% | +0.02 |
| VZ Verizon Communications Inc. | Add +117.3% | 0.03% | +0.02 |
| CAH Cardinal Health Inc. | Add +5200.0% | 0.02% | +0.02 |
| GOOGL Alphabet Inc. Class A | Add +1.5% | 0.06% | +0.01 |
| AVEM Avantis Emerging Markets Eq | New | 0.01% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +12.2% | 0.06% | +0.01 |
| USB US Bancorp | Add +13.6% | 0.11% | +0.01 |
| JNJ Johnson & Johnson | Add +0.2% | 0.11% | +0.01 |
| UNH Unitedhealth Group Inc. | Add +7.5% | 0.09% | +0.01 |
| ODD Oddity Tech Ltd. Class A | New | 0.01% | +0.01 |
| IWN iShares Russell 2000 Value E | New | 0.01% | +0.01 |
| VWO Vanguard Ftse Emerging Marke | Add +2.9% | 0.19% | +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 |