American Investment Services, Inc.

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), American Investment Services, Inc. reported 155 stock positions worth $564.2 million. Its top holding was SPDR Gold Minishares Trust (GLDM) at 6.7% of the portfolio, followed by Dimensional US Marketwide Va (DFUV, 6.7%) and Dimensional US Eq MKT ETF (DFUS, 6.6%). Compared with Q4 2023, it opened 10 new positions, sold out of 1, added to 51 and reduced 45. The biggest buy was Dimensional Emrg MRKT Core (DFEM, shares +61%) and the biggest sale Intl Business Machines (IBM, shares −48%).

Most Recent 13F
Q2 2026
Location
GREAT BARRINGTON, MA
CIK
0001369913
Portfolio Value
$564.2M (Q1 2024)
SEC Filing
0001085146-24-002405 ↗ filed May 13, 2024

Holdings Value

0$200.0M$400.0M$600.0M Q1 2024: $564.2M $564.2M Q1 2024 Q2 2024: $564.7M Q2 2024 Q3 2024: $598.7M Q3 2024 Q4 2024: $565.0M Q4 2024 Q1 2025: $568.1M Q1 2025 Q2 2025: $391.8M Q2 2025 Q3 2025: $416.2M Q3 2025 Q4 2025: $430.9M Q4 2025 Q1 2026: $448.3M Q1 2026 Q2 2026: $473.3M Q2 2026

Holdings 155 stocks · $564.2M
GLDM SPDR Gold Minishares Trust 6.73% 862,232 $38.0M Add +0.9%
DFUV Dimensional US Marketwide Va 6.69% 923,211 $37.8M Reduce -1.2%
DFUS Dimensional US Eq MKT ETF 6.60% 653,176 $37.2M Reduce -0.3%
VUG Vanguard Mrngstar GR ETF-Sui 6.40% 104,885 $36.1M Reduce -1.3%
SCHB Schwab US Broad Market ETF 4.01% 370,758 $22.6M Reduce 0.0%
VYMI Vanguard Int High DVD YLD Inc. 3.34% 273,631 $18.8M No change
SPY SS SPDR S&P 500 ETF Trust-US 2.61% 28,203 $14.8M Reduce -0.2%
QQQ Invesco QQQ Trust Series 1 2.60% 33,032 $14.7M Add +0.2%
MGC Vngrd Mrngstr MG Cap ETF-Usd 2.55% 76,856 $14.4M Add +0.3%
AAPL Apple Inc. 2.27% 74,549 $12.8M Add +0.1%
DFAS Dimensional US Small Cap ETF 1.97% 178,243 $11.1M Reduce -0.9%
VTV Vanguard Mrngstr Val ETF-Aui 1.92% 66,397 $10.8M Reduce -1.4%
VZ Verizon Communications Inc. 1.85% 249,203 $10.5M Reduce -2.2%
DFAX Dimensional World Ex US Core 1.84% 408,625 $10.4M Reduce -1.4%
IAU iShares Gold Trust 1.80% 241,126 $10.1M Reduce -1.4%
GOOG Alphabet Inc. Class C 1.74% 64,456 $9.8M No change
DFIC Dimensional International Co. 1.68% 354,034 $9.5M Add +7.3%
DFAT Dimensional US Target Value 1.64% 170,138 $9.3M Reduce -2.2%
DOW Dow Inc. 1.59% 154,895 $9.0M Reduce -7.1%
VPU Vanguard Utilities ETF 1.55% 61,246 $8.7M Reduce -1.4%
VEA Vanguard Ftse Developed ETF 1.42% 159,446 $8.0M Reduce -0.4%
MA Mastercard Inc. Class A 1.37% 16,017 $7.7M Add +0.1%
MMM 3M Co. 1.36% 72,417 $7.7M Add +14.2%
VBR Vngrd Mrngst SL-CP Val ETF-U 1.25% 36,696 $7.0M Reduce -0.8%
SHY iShares 1-3 Year Treasury Bo 1.15% 79,409 $6.5M Add +4.0%
VNQ Vanguard Real Estate ETF 1.12% 73,022 $6.3M Add +2.0%
DFEM Dimensional Emrg MRKT Core 1.04% 230,749 $5.9M Add +61.3%
VB Vanguard Most SM-Cap ETF-Usd 0.96% 23,653 $5.4M Add +1.3%
WBA Walgreens Boots Alliance Inc. 0.95% 247,406 $5.4M Reduce -5.5%
BRK.B Berkshire Hathaway Inc. Class B 0.93% 12,462 $5.2M No change
VOO Vanguard S&P 500 ETF 0.85% 10,000 $4.8M Add +4.8%
DFGR Dim Global Real Estate ETF 0.80% 176,381 $4.5M Add +18.0%
MLM Martin Marietta Materials 0.79% 7,232 $4.4M Add +0.3%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.79% 18,508 $4.4M Add +0.2%
GOOGL Alphabet Inc. Class A 0.77% 28,820 $4.3M Reduce -0.1%
VGSH Vanguard Short-Term Treasury 0.73% 70,924 $4.1M Add +6.7%
INTC Intel Corp. 0.70% 89,374 $3.9M Reduce -9.2%
DFNM Dimensional National Muni BD 0.69% 81,473 $3.9M Add +8.4%
DFSV Dimensional US Small Cap Val 0.64% 120,121 $3.6M Add +10.1%
SPDW Ste STR SPDR PT DW Eu ETF 0.61% 96,741 $3.5M Add +0.4%
VTEB Vanguard Tax-Exempt Bond ETF 0.61% 68,067 $3.4M Reduce -10.4%
TIP iShares Tips Bond ETF 0.57% 30,071 $3.2M Reduce -0.8%
VWO Vanguard Ftse Emerging Marke 0.57% 76,456 $3.2M Reduce -9.6%
V Visa Inc. Class A 0.56% 11,378 $3.2M Reduce -0.2%
SPYV SS SPDR P S&P 500 Value ETF 0.56% 63,253 $3.2M Reduce -0.4%
TSLA Tesla Inc. 0.56% 17,833 $3.1M Reduce -2.3%
MDLZ Mondelez International Inc. Class A 0.55% 44,072 $3.1M Add +0.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.51% 15,140 $2.9M Reduce -47.8%
BSV Vanguard Short-Term Bond ETF 0.50% 36,885 $2.8M Add +2.1%
SPYM Ste STR SPDR PT S&P 500 ETF 0.47% 42,791 $2.6M Reduce -4.8%
DFLV Dim US Large Cap Value ETF 0.43% 80,056 $2.4M Add +5.1%
JPM JPMorgan Chase & Co. 0.40% 11,365 $2.3M Add +5.6%
VTI VG Morningstar TS MKT ETF-US 0.39% 8,566 $2.2M Reduce -0.5%
SCHO Schwab Short-Term US Treas 0.39% 46,174 $2.2M Add +3.0%
DFAI Dimensional International Co. 0.38% 70,702 $2.1M Reduce -0.4%
XOM Exxon Mobil Corp. 0.37% 17,800 $2.1M Add +0.2%
PM Philip Morris International 0.35% 21,846 $2.0M Add +2.3%
RSP Invesco S&P 500 Equal Weight 0.34% 11,464 $1.9M Reduce -2.0%
SCHA Schwab US Small-Cap ETF 0.34% 39,366 $1.9M Reduce -7.9%
DFAU Dimensional US Core Equity M 0.34% 52,773 $1.9M Add +68.5%
SCHX Schwab US Large-Cap ETF 0.33% 30,260 $1.9M No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.31% 14,248 $1.7M No change
DUHP Dimensional US High Profi Et 0.31% 55,051 $1.7M Add +7.5%
AGG iShares Core U.S. Aggregate 0.29% 16,856 $1.7M Add +19.1%
IVW iShares S&P 500 Growth ETF 0.28% 18,798 $1.6M Reduce -0.9%
DFIV Dimensional International Va 0.28% 42,755 $1.6M No change
IWF iShares Russell 1000 Growth 0.27% 4,598 $1.5M No change
DFAE Dimensional Emerging Core Eq 0.27% 62,576 $1.5M Reduce -28.5%
BF.A Brown-Forman Corp. Class A 0.25% 26,434 $1.4M Add +0.4%
LLY Eli Lilly & Co. 0.25% 1,788 $1.4M No change
IJS iShares S&P Small-Cap 600 Va 0.23% 12,584 $1.3M Reduce -1.4%
SLYV SS SPDR S&P 600 SC Val ETF 0.21% 14,031 $1.2M No change
DFSD Dimensional Short Duration 0.20% 24,197 $1.1M Add +34.3%
CVX Chevron Corp. 0.19% 6,873 $1.1M Add +74.0%
MCD McDonald's Corp. 0.19% 3,739 $1.1M Add +0.6%
SCHF Schwab Intl Equity ETF 0.18% 26,607 $1.0M No change
DFAR Dimensional US Real Est ETF 0.18% 46,345 $1.0M Reduce -22.1%
VONE Vanguard Russell 1000 0.18% 4,246 $1.0M No change
IVV iShares Core S&P 500 ETF 0.17% 1,789 $940K Reduce -1.1%
DFCF Dimensional Core Fixed Inc. 0.16% 21,550 $904K Add +14.0%
IWD iShares Russell 1000 Value E 0.15% 4,810 $862K No change
SPSM SS SPDR P S&P 600 Small Cap 0.15% 19,905 $857K No change
PG The Procter & Gamble Co. 0.15% 5,242 $851K Add +23.7%
HD Home Depot Inc. 0.15% 2,134 $819K Reduce -1.5%
DFVX Dim US Large Cap Vector ETF 0.14% 12,706 $796K Add +50.0%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE 0.14% 1,975 $786K Add +0.4%
BND Vanguard Total Bond Market 0.14% 10,598 $770K Add +1.8%
SCHE Schwab Emrg Mrkts Eqty ETF 0.14% 30,456 $769K No change
AMT American Tower Corp. 0.13% 3,838 $758K No change
EQIX Equinix Inc. 0.13% 918 $758K No change
SPEM State Street SP PTF Em ETF 0.13% 20,789 $752K Reduce -46.9%
CI The Cigna Group 0.13% 2,064 $750K Add +1.5%
PEP Pepsico Inc. 0.13% 4,238 $742K No change
PLD Prologis Inc. 0.13% 5,613 $731K No change
IWM iShares Russell 2000 ETF 0.13% 3,391 $713K No change
IJR iShares Core S&P Small-Cap E 0.12% 6,257 $692K Reduce -2.9%
DFAC Dimensional US Core Equity 2 0.12% 21,057 $673K Add +109.7%
VTIP Vanguard Short-Term Tips 0.12% 13,898 $666K Reduce -46.4%
DFGP Dimensional GLBL Core PL Fix 0.11% 11,876 $634K Add +18.2%
SPG Simon Property Group Inc. 0.10% 3,730 $584K No change
EEM iShares MSCI Emerging Market 0.10% 13,477 $554K No change
BNDW Vanguard Total World Bond Et 0.09% 7,646 $525K Add +1.6%
CCI Crown Castle Inc. 0.09% 4,934 $522K No change
PSA Public Storage 0.09% 1,789 $519K No change
NEE Nextera Energy Inc. 0.09% 7,638 $488K No change
DLR Digital Realty Trust Inc. 0.09% 3,347 $482K No change
VCIT Vanguard Int-Term Corporate 0.08% 5,899 $475K New
VEU Vanguard Ftse All-World Ex-U 0.08% 7,835 $460K Reduce -9.3%
CL Colgate-Palmolive Co. 0.08% 5,096 $459K Add +0.0%
SCHV Schwab US Large-Cap Value 0.08% 5,750 $437K Reduce -1.9%
O Realty Income Corp. 0.07% 7,755 $420K No change
GLD SPDR Gold Shares 0.07% 1,897 $390K Reduce -1.0%
VT Vanguard Tot World STK ETF 0.07% 3,515 $388K Add +5.3%
VIG Vanguard Dividend Apprec ETF 0.07% 2,067 $377K Add +0.1%
ICF iShares Select U.S. REIT ETF 0.07% 6,534 $377K No change
BF.B Brown-Forman Corp. Class B 0.07% 7,283 $376K Add +0.4%
AMD Advanced Micro Devices 0.07% 2,068 $373K New
IVE iShares S&P 500 Value ETF 0.06% 1,907 $356K Reduce -9.9%
EXR Extra Space Storage Inc. 0.06% 2,359 $347K No change
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.06% 11,563 $344K No change
EMXC iShares MSCI Emr MRK Ex Chna 0.06% 5,868 $338K Add +5.1%
BNDX Vanguard Total Intl Bond ETF 0.06% 6,763 $333K Reduce -3.9%
EFA iShares MSCI Eafe ETF 0.06% 3,899 $311K Reduce -1.0%
MSFT Microsoft Corp. 0.06% 737 $310K No change
VBK Van Morst SML-Cap Gro-Usd Inc. 0.05% 1,187 $309K New
VSS Vanguard Ftse All Wo X-US SC 0.05% 2,637 $308K No change
MRK Merck & Co. Inc. 0.05% 2,290 $302K New
CEF Sprott Physical Gold and Sil 0.05% 14,845 $302K Add +1.2%
AVB Avalonbay Communities Inc. 0.05% 1,581 $293K No change
VYM Vanguard High DVD Yield ETF 0.05% 2,418 $293K No change
BIL SS SPDR BB 1-3M T-Bill ETF 0.05% 3,098 $284K New
GE General Electric 0.05% 1,613 $283K New
DFEV Dimensional Emrg MRKT Val 0.05% 10,765 $279K No change
VGT Vanguard Info Tech ETF 0.05% 532 $279K No change
NOW ServiceNow Inc. 0.05% 350 $267K No change
TEL Te Connectivity Ltd. 0.05% 1,829 $266K No change
NYF iShares New York Muni Bond E 0.05% 4,925 $265K No change
SBAC SBA Communications Corp. 0.05% 1,214 $263K No change
VTHR Vanguard Russell 3000 0.05% 1,123 $262K New
SAP Sap SE-Sponsored ADR 0.05% 1,333 $260K No change
MDT Medtronic PLC 0.04% 2,868 $250K No change
HIG Hartford Insurance Group Inc. 0.04% 2,423 $250K New
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.04% 3,876 $245K No change
ADP Automatic Data Processing 0.04% 910 $227K New
ARE Alexandria Real Estate Equit 0.04% 1,761 $227K No change
INVH Invitation Homes Inc. 0.04% 6,323 $225K No change
XLK SS Technology Select Sector 0.04% 1,075 $224K No change
VNQI Vanguard GLBL Ex-US Real Est 0.04% 5,129 $216K No change
TLT iShares 20+ Year Treasury BD 0.04% 2,275 $215K No change
NKE Nike Inc. Class B 0.04% 2,243 $211K Add +0.4%
PFFD Global X US Preferred ETF 0.04% 10,224 $206K Add +1.2%
VCEB Vanguard ESG US Corp. Bond 0.04% 3,272 $205K Add +2.7%
JCI Johnson Controls Internation 0.04% 3,130 $204K New
CSTR Capstar Financial Holdings I 0.04% 10,000 $201K No change
CASSQ Casa Systems Inc. 0.00% 20,000 $5K No change

Portfolio Sells Q4 2023 → Q1 2024
IBM Intl Business Machines Corp. Reduce -47.8% 0.51% −0.38
WBA Walgreens Boots Alliance Inc. Reduce -5.5% 0.95% −0.34
TSLA Tesla Inc. Reduce -2.3% 0.56% −0.30
INTC Intel Corp. Reduce -9.2% 0.70% −0.23
DOW Dow Inc. Reduce -7.1% 1.59% −0.13
SPEM State Street SP PTF Em ETF Reduce -46.9% 0.13% −0.13
DFAE Dimensional Emerging Core Eq Reduce -28.5% 0.27% −0.12
VTEB Vanguard Tax-Exempt Bond ETF Reduce -10.4% 0.61% −0.12
VTIP Vanguard Short-Term Tips Reduce -46.4% 0.12% −0.11
VWO Vanguard Ftse Emerging Marke Reduce -9.6% 0.57% −0.09
DFAT Dimensional US Target Value Reduce -2.2% 1.64% −0.07
DFAR Dimensional US Real Est ETF Reduce -22.1% 0.18% −0.07
DFAX Dimensional World Ex US Core Reduce -1.4% 1.84% −0.07
VPU Vanguard Utilities ETF Reduce -1.4% 1.55% −0.06
DFAS Dimensional US Small Cap ETF Reduce -0.9% 1.97% −0.05
TIP iShares Tips Bond ETF Reduce -0.8% 0.57% −0.04
SCHA Schwab US Small-Cap ETF Reduce -7.9% 0.34% −0.04
VEA Vanguard Ftse Developed ETF Reduce -0.4% 1.42% −0.03
IJS iShares S&P Small-Cap 600 Va Reduce -1.4% 0.23% −0.02
VEU Vanguard Ftse All-World Ex-U Reduce -9.3% 0.08% −0.01
IJR iShares Core S&P Small-Cap E Reduce -2.9% 0.12% −0.01
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -4.8% 0.47% −0.01
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -0.8% 1.25% −0.01
BNDX Vanguard Total Intl Bond ETF Reduce -3.9% 0.06% −0.01
IVE iShares S&P 500 Value ETF Reduce -9.9% 0.06% −0.01
DFAI Dimensional International Co. Reduce -0.4% 0.38% −0.00
HOMOLOGY MEDICINES INC Sold out 0.00% −0.00
IAU iShares Gold Trust Reduce -1.4% 1.80% −0.00
RSP Invesco S&P 500 Equal Weight Reduce -2.0% 0.34% −0.00
EFA iShares MSCI Eafe ETF Reduce -1.0% 0.06% −0.00
SCHV Schwab US Large-Cap Value Reduce -1.9% 0.08% 0.00
GLD SPDR Gold Shares Reduce -1.0% 0.07% +0.00
SPYV SS SPDR P S&P 500 Value ETF Reduce -0.4% 0.56% +0.00
V Visa Inc. Class A Reduce -0.2% 0.56% +0.00
HD Home Depot Inc. Reduce -1.5% 0.15% +0.00
IVV iShares Core S&P 500 ETF Reduce -1.1% 0.17% +0.00
VTI VG Morningstar TS MKT ETF-US Reduce -0.5% 0.39% +0.01
GOOGL Alphabet Inc. Class A Reduce -0.1% 0.77% +0.01
IVW iShares S&P 500 Growth ETF Reduce -0.9% 0.28% +0.01
VTV Vanguard Mrngstr Val ETF-Aui Reduce -1.4% 1.92% +0.02
VZ Verizon Communications Inc. Reduce -2.2% 1.85% +0.04
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.2% 2.61% +0.08
SCHB Schwab US Broad Market ETF Reduce 0.0% 4.01% +0.12
DFUV Dimensional US Marketwide Va Reduce -1.2% 6.69% +0.13
VUG Vanguard Mrngstar GR ETF-Sui Reduce -1.3% 6.40% +0.17
DFUS Dimensional US Eq MKT ETF Reduce -0.3% 6.60% +0.19

Portfolio Buys Q4 2023 → Q1 2024
DFEM Dimensional Emrg MRKT Core Add +61.3% 1.04% +0.37
DFAU Dimensional US Core Equity M Add +68.5% 0.34% +0.15
GLDM SPDR Gold Minishares Trust Add +0.9% 6.73% +0.14
MLM Martin Marietta Materials Add +0.3% 0.79% +0.11
MGC Vngrd Mrngstr MG Cap ETF-Usd Add +0.3% 2.55% +0.10
DFIC Dimensional International Co. Add +7.3% 1.68% +0.09
VCIT Vanguard Int-Term Corporate New 0.08% +0.08
CVX Chevron Corp. Add +74.0% 0.19% +0.08
MA Mastercard Inc. Class A Add +0.1% 1.37% +0.08
AMD Advanced Micro Devices New 0.07% +0.07
DFGR Dim Global Real Estate ETF Add +18.0% 0.80% +0.07
VOO Vanguard S&P 500 ETF Add +4.8% 0.85% +0.07
DFAC Dimensional US Core Equity 2 Add +109.7% 0.12% +0.06
JPM JPMorgan Chase & Co. Add +5.6% 0.40% +0.06
MMM 3M Co. Add +14.2% 1.36% +0.05
VBK Van Morst SML-Cap Gro-Usd Inc. New 0.05% +0.05
MRK Merck & Co. Inc. New 0.05% +0.05
QQQ Invesco QQQ Trust Series 1 Add +0.2% 2.60% +0.05
DFVX Dim US Large Cap Vector ETF Add +50.0% 0.14% +0.05
BIL SS SPDR BB 1-3M T-Bill ETF New 0.05% +0.05
GE General Electric New 0.05% +0.05
VTHR Vanguard Russell 3000 New 0.05% +0.05
HIG Hartford Insurance Group Inc. New 0.04% +0.04
DFSD Dimensional Short Duration Add +34.3% 0.20% +0.04
DFSV Dimensional US Small Cap Val Add +10.1% 0.64% +0.04
ADP Automatic Data Processing New 0.04% +0.04
DFLV Dim US Large Cap Value ETF Add +5.1% 0.43% +0.04
JCI Johnson Controls Internation New 0.04% +0.04
PG The Procter & Gamble Co. Add +23.7% 0.15% +0.03
DUHP Dimensional US High Profi Et Add +7.5% 0.31% +0.03
XOM Exxon Mobil Corp. Add +0.2% 0.37% +0.03
AGG iShares Core U.S. Aggregate Add +19.1% 0.29% +0.03
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +0.2% 0.79% +0.03
VB Vanguard Most SM-Cap ETF-Usd Add +1.3% 0.96% +0.02
CI The Cigna Group Add +1.5% 0.13% +0.02
DFGP Dimensional GLBL Core PL Fix Add +18.2% 0.11% +0.01
DFCF Dimensional Core Fixed Inc. Add +14.0% 0.16% +0.01
DFNM Dimensional National Muni BD Add +8.4% 0.69% +0.01
CL Colgate-Palmolive Co. Add +0.0% 0.08% +0.00
VT Vanguard Tot World STK ETF Add +5.3% 0.07% +0.00
EMXC iShares MSCI Emr MRK Ex Chna Add +5.1% 0.06% +0.00
CEF Sprott Physical Gold and Sil Add +1.2% 0.05% +0.00
VIG Vanguard Dividend Apprec ETF Add +0.1% 0.07% +0.00
PFFD Global X US Preferred ETF Add +1.2% 0.04% −0.00
DIA SS SPDR Dow Jones Indus Avg Add +0.4% 0.14% −0.00
VGSH Vanguard Short-Term Treasury Add +6.7% 0.73% −0.00
VCEB Vanguard ESG US Corp. Bond Add +2.7% 0.04% −0.00
SPDW Ste STR SPDR PT DW Eu ETF Add +0.4% 0.61% −0.00
BNDW Vanguard Total World Bond Et Add +1.6% 0.09% −0.01
BND Vanguard Total Bond Market Add +1.8% 0.14% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 133$473.3MGLDM, VUG, DFUV, VYMI, DFAS
Q1 2026 132$448.3MGLDM, VUG, DFUV, VYMI, DFIC
Q4 2025 129$430.9MGLDM, VUG, DFUV, VYMI, DFIC
Q3 2025 134$416.2MGLDM, VUG, DFUV, VYMI, DFIC
Q2 2025 133$391.8MGLDM, VUG, DFUV, VYMI, DFAS
Q1 2025 157$568.1MGLDM, DFUS, VUG, DFUV, VYMI
Q4 2024Amended 157$565.0MVUG, DFUS, GLDM, DFUV, VYMI
Q3 2024 157$598.7MVUG, DFUS, GLDM, DFUV, SCHB
Q2 2024 156$564.7MVUG, DFUS, GLDM, DFUV, SCHB
Q1 2024 155$564.2MGLDM, DFUV, DFUS, VUG, SCHB