American Investment Services, Inc.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), American Investment Services, Inc. reported 157 stock positions worth $568.1 million. Its top holding was SPDR Gold Minishares Trust (GLDM) at 7.3% of the portfolio, followed by Dimensional US Eq MKT ETF (DFUS, 6.8%) and Vanguard Mrngstar GR ETF-Sui (VUG, 6.8%). Compared with Q4 2024, it opened 5 new positions, sold out of 5, added to 59 and reduced 65. The biggest buy was a new position in Berkshire Hathaway Class A (BRK.A) and the biggest sale Vanguard Mrngstar GR ETF-Sui (VUG, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- GREAT BARRINGTON, MA
- CIK
- 0001369913
- Portfolio Value
- $568.1M (Q1 2025)
- SEC Filing
- 0001085146-25-003042 ↗ filed May 13, 2025
Holdings Value
Holdings 157 stocks · $568.1M
| GLDM SPDR Gold Minishares Trust | 7.32% | 671,651 | $41.6M | Reduce -8.2% |
| DFUS Dimensional US Eq MKT ETF | 6.76% | 634,673 | $38.4M | Reduce -0.9% |
| VUG Vanguard Mrngstar GR ETF-Sui | 6.75% | 103,467 | $38.4M | Reduce -1.9% |
| DFUV Dimensional US Marketwide Va | 6.17% | 850,684 | $35.1M | Reduce -3.9% |
| VYMI Vanguard Int High DVD YLD Inc. | 3.20% | 246,858 | $18.2M | Reduce -9.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 2.78% | 28,226 | $15.8M | Reduce -0.0% |
| QQQ Invesco QQQ Trust Series 1 | 2.74% | 33,214 | $15.6M | Reduce -0.1% |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | 2.73% | 76,913 | $15.5M | Reduce -0.3% |
| AAPL Apple Inc. | 2.13% | 54,409 | $12.1M | Add +0.1% |
| DFIC Dimensional International Co. | 2.11% | 431,916 | $12.0M | Add +10.3% |
| DFAS Dimensional US Small Cap ETF | 1.91% | 181,199 | $10.8M | Add +4.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 1.89% | 62,064 | $10.7M | Reduce -4.2% |
| VZ Verizon Communications Inc. | 1.78% | 223,001 | $10.1M | Reduce -5.7% |
| GOOG Alphabet Inc. Class C | 1.77% | 64,485 | $10.1M | Add +0.0% |
| IAU iShares Gold Trust | 1.75% | 168,839 | $10.0M | Reduce -15.9% |
| VPU Vanguard Utilities ETF | 1.70% | 56,690 | $9.7M | Reduce -0.3% |
| DFAX Dimensional World Ex US Core | 1.70% | 368,639 | $9.7M | Reduce -2.3% |
| MA Mastercard Inc. Class A | 1.50% | 15,501 | $8.5M | Add +0.1% |
| DFAT Dimensional US Target Value | 1.47% | 162,606 | $8.4M | Add +1.0% |
| VEA Vanguard Ftse Developed ETF | 1.43% | 160,160 | $8.1M | Add +1.3% |
| SHV iShares 0-1 Year Treasury Bo | 1.39% | 71,507 | $7.9M | Add +72.6% |
| CVX Chevron Corp. | 1.29% | 43,783 | $7.3M | Add +22.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.19% | 12,744 | $6.8M | Reduce -0.2% |
| VNQ Vanguard Real Estate ETF | 1.18% | 74,312 | $6.7M | Add +5.9% |
| DFGR Dim Global Real Estate ETF | 1.13% | 244,960 | $6.4M | Add +3.2% |
| DFAW Dimensional World Eqty ETF | 1.13% | 104,496 | $6.4M | Add +3.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 1.12% | 8 | $6.4M | New |
| DFEM Dimensional Emrg MRKT Core | 1.12% | 239,599 | $6.3M | Add +3.6% |
| VOO Vanguard S&P 500 ETF | 1.08% | 11,918 | $6.1M | Add +7.3% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.05% | 31,882 | $5.9M | Reduce -10.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.90% | 23,154 | $5.1M | Add +0.6% |
| MMM 3M Co. | 0.87% | 33,795 | $5.0M | Reduce -28.6% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.87% | 19,244 | $4.9M | Reduce -1.3% |
| GOOGL Alphabet Inc. Class A | 0.79% | 29,130 | $4.5M | No change |
| DFNM Dimensional National Muni BD | 0.75% | 89,542 | $4.3M | Reduce -3.3% |
| V Visa Inc. Class A | 0.69% | 11,195 | $3.9M | Reduce -0.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.69% | 15,737 | $3.9M | Reduce -4.8% |
| DOW Dow Inc. | 0.69% | 111,951 | $3.9M | Reduce -17.4% |
| DFSV Dimensional US Small Cap Val | 0.66% | 133,812 | $3.8M | Add +19.4% |
| PM Philip Morris International | 0.66% | 23,445 | $3.7M | Add +1.1% |
| VGSH Vanguard Short-Term Treasury | 0.61% | 59,041 | $3.5M | Reduce -8.0% |
| MLM Martin Marietta Materials | 0.61% | 7,209 | $3.4M | No change |
| DFLV Dim US Large Cap Value ETF | 0.60% | 112,161 | $3.4M | Add +21.9% |
| VWO Vanguard Ftse Emerging Marke | 0.60% | 75,418 | $3.4M | Reduce -6.0% |
| SHY iShares 1-3 Year Treasury Bo | 0.57% | 39,032 | $3.2M | Add +2.1% |
| SPYV SS SPDR P S&P 500 Value ETF | 0.56% | 62,740 | $3.2M | No change |
| SPDW Ste STR SPDR PT DW Eu ETF | 0.56% | 87,501 | $3.2M | Reduce -8.2% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.54% | 62,391 | $3.1M | Reduce -2.3% |
| SCHO Schwab Short-Term US Treas | 0.53% | 124,108 | $3.0M | Add +5.0% |
| JPM JPMorgan Chase & Co. | 0.47% | 10,921 | $2.7M | Add +0.3% |
| MDLZ Mondelez International Inc. Class A | 0.47% | 39,474 | $2.7M | Add +0.5% |
| JNJ Johnson & Johnson | 0.46% | 15,839 | $2.6M | Add +56.7% |
| VCIT Vanguard Int-Term Corporate | 0.45% | 31,314 | $2.6M | Add +32.4% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.44% | 38,304 | $2.5M | Reduce -3.6% |
| BSV Vanguard Short-Term Bond ETF | 0.41% | 29,586 | $2.3M | Reduce -13.3% |
| DFAI Dimensional International Co. | 0.38% | 68,547 | $2.1M | Reduce -4.2% |
| IVW iShares S&P 500 Growth ETF | 0.37% | 22,613 | $2.1M | Reduce -2.6% |
| XOM Exxon Mobil Corp. | 0.35% | 16,951 | $2.0M | Reduce -2.9% |
| TIP iShares Tips Bond ETF | 0.35% | 17,822 | $2.0M | Reduce -1.5% |
| VTI VG Morningstar TS MKT ETF-US | 0.35% | 7,162 | $2.0M | Reduce -2.0% |
| SCHX Schwab US Large-Cap ETF | 0.34% | 86,807 | $1.9M | Reduce -2.3% |
| SCHA Schwab US Small-Cap ETF | 0.32% | 78,142 | $1.8M | Add +3.5% |
| DFSD Dimensional Short Duration | 0.32% | 38,230 | $1.8M | Add +5.9% |
| AMGN Amgen Inc. | 0.29% | 5,357 | $1.7M | Add +170.7% |
| RSP Invesco S&P 500 Equal Weight | 0.29% | 9,622 | $1.7M | Reduce -4.2% |
| DFIV Dimensional International Va | 0.28% | 41,133 | $1.6M | No change |
| DUHP Dimensional US High Profi Et | 0.27% | 46,368 | $1.5M | No change |
| DFGP Dimensional GLBL Core PL Fix | 0.27% | 28,501 | $1.5M | Add +4.5% |
| IJS iShares S&P Small-Cap 600 Va | 0.26% | 14,929 | $1.5M | Add +0.2% |
| DFAE Dimensional Emerging Core Eq | 0.25% | 55,539 | $1.4M | Add +1.8% |
| AGG iShares Core U.S. Aggregate | 0.25% | 14,475 | $1.4M | Reduce -2.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.25% | 14,448 | $1.4M | No change |
| IWF iShares Russell 1000 Growth | 0.23% | 3,698 | $1.3M | Reduce -2.5% |
| MRK Merck & Co. Inc. | 0.23% | 14,671 | $1.3M | Add +294.4% |
| DFAU Dimensional US Core Equity M | 0.23% | 33,431 | $1.3M | Reduce -0.5% |
| MCD McDonald's Corp. | 0.22% | 3,960 | $1.2M | No change |
| LLY Eli Lilly & Co. | 0.21% | 1,418 | $1.2M | No change |
| VONE Vanguard Russell 1000 | 0.20% | 4,531 | $1.2M | Add +7.1% |
| SLYV SS SPDR S&P 600 SC Val ETF | 0.19% | 13,575 | $1.1M | Reduce -1.0% |
| SCHF Schwab Intl Equity ETF | 0.19% | 53,222 | $1.1M | No change |
| WBA Walgreens Boots Alliance Inc. | 0.18% | 91,149 | $1.0M | Reduce -36.4% |
| DFAR Dimensional US Real Est ETF | 0.18% | 42,369 | $1.0M | Add +3.9% |
| PG The Procter & Gamble Co. | 0.17% | 5,503 | $938K | Add +1.0% |
| AMT American Tower Corp. | 0.15% | 4,043 | $880K | Add +8.8% |
| DCOR Dimensional US Core Eq 1 ETF | 0.15% | 13,560 | $832K | New |
| BND Vanguard Total Bond Market | 0.14% | 11,199 | $823K | Reduce -8.0% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.14% | 29,493 | $813K | No change |
| SPSM SS SPDR P S&P 600 Small Cap | 0.14% | 19,684 | $802K | No change |
| SPEM State Street SP PTF Em ETF | 0.14% | 20,181 | $795K | Add +0.1% |
| HD Home Depot Inc. | 0.14% | 2,140 | $784K | Add +0.3% |
| DFVX Dim US Large Cap Vector ETF | 0.14% | 12,214 | $783K | Add +0.1% |
| IVV iShares Core S&P 500 ETF | 0.14% | 1,391 | $781K | Reduce -13.9% |
| IWD iShares Russell 1000 Value E | 0.14% | 4,076 | $767K | Reduce -9.9% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.13% | 1,823 | $765K | Reduce -0.1% |
| PLD Prologis Inc. | 0.13% | 6,419 | $718K | Add +1.8% |
| CI The Cigna Group | 0.12% | 2,033 | $669K | Reduce -1.5% |
| CSCO Cisco Systems Inc. | 0.12% | 10,817 | $668K | Reduce -0.3% |
| EQIX Equinix Inc. | 0.12% | 814 | $664K | Reduce -8.5% |
| IWM iShares Russell 2000 ETF | 0.11% | 3,249 | $648K | Reduce -0.3% |
| PEP Pepsico Inc. | 0.11% | 4,238 | $635K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Reduce -1.9% | 6.75% | −0.91 |
| DFUS Dimensional US Eq MKT ETF | Reduce -0.9% | 6.76% | −0.47 |
| DOW Dow Inc. | Reduce -17.4% | 0.69% | −0.28 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.1% | 2.74% | −0.27 |
| DFUV Dimensional US Marketwide Va | Reduce -3.9% | 6.17% | −0.24 |
| MMM 3M Co. | Reduce -28.6% | 0.87% | −0.21 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -10.4% | 1.05% | −0.20 |
| MGC Vngrd Mrngstr MG Cap ETF-Usd | Reduce -0.3% | 2.73% | −0.18 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.0% | 2.78% | −0.15 |
| BF.A Brown-Forman Corp. Class A | Reduce -62.9% | 0.06% | −0.12 |
| BIL SS SPDR BB 1-3M T-Bill ETF | Sold out | 0.00% | −0.10 |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | Reduce -1.3% | 0.87% | −0.06 |
| BSV Vanguard Short-Term Bond ETF | Reduce -13.3% | 0.41% | −0.06 |
| WBA Walgreens Boots Alliance Inc. | Reduce -36.4% | 0.18% | −0.06 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -9.0% | 3.20% | −0.06 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -4.2% | 1.89% | −0.05 |
| VGSH Vanguard Short-Term Treasury | Reduce -8.0% | 0.61% | −0.05 |
| BF.B Brown-Forman Corp. Class B | Sold out | 0.00% | −0.05 |
| IVW iShares S&P 500 Growth ETF | Reduce -2.6% | 0.37% | −0.05 |
| VYM Vanguard High DVD Yield ETF | Sold out | 0.00% | −0.04 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -3.6% | 0.44% | −0.04 |
| TLT iShares 20+ Year Treasury BD | Sold out | 0.00% | −0.04 |
| IWC iShares Micro-Cap ETF | Sold out | 0.00% | −0.04 |
| GLD SPDR Gold Shares | Reduce -49.0% | 0.06% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -2.5% | 0.23% | −0.03 |
| DFNM Dimensional National Muni BD | Reduce -3.3% | 0.75% | −0.03 |
| EQIX Equinix Inc. | Reduce -8.5% | 0.12% | −0.03 |
| SOLV Solventum Corp. | Reduce -35.6% | 0.09% | −0.03 |
| IVV iShares Core S&P 500 ETF | Reduce -13.9% | 0.14% | −0.03 |
| VTI VG Morningstar TS MKT ETF-US | Reduce -2.0% | 0.35% | −0.03 |
| SCHX Schwab US Large-Cap ETF | Reduce -2.3% | 0.34% | −0.03 |
| VWO Vanguard Ftse Emerging Marke | Reduce -6.0% | 0.60% | −0.02 |
| SLYV SS SPDR S&P 600 SC Val ETF | Reduce -1.0% | 0.19% | −0.02 |
| VTEB Vanguard Tax-Exempt Bond ETF | Reduce -2.3% | 0.54% | −0.02 |
| BNDW Vanguard Total World Bond Et | Reduce -21.6% | 0.08% | −0.02 |
| DLR Digital Realty Trust Inc. | Reduce -2.7% | 0.08% | −0.02 |
| RSP Invesco S&P 500 Equal Weight | Reduce -4.2% | 0.29% | −0.02 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -18.7% | 0.07% | −0.02 |
| EEM iShares MSCI Emerging Market | Reduce -18.5% | 0.09% | −0.02 |
| SPDW Ste STR SPDR PT DW Eu ETF | Reduce -8.2% | 0.56% | −0.02 |
| DFAU Dimensional US Core Equity M | Reduce -0.5% | 0.23% | −0.01 |
| IWM iShares Russell 2000 ETF | Reduce -0.3% | 0.11% | −0.01 |
| IWD iShares Russell 1000 Value E | Reduce -9.9% | 0.14% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.8% | 0.10% | −0.01 |
| SPG Simon Property Group Inc. | Reduce -8.1% | 0.09% | −0.01 |
| BND Vanguard Total Bond Market | Reduce -8.0% | 0.14% | −0.01 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -10.7% | 0.06% | −0.01 |
| IAU iShares Gold Trust | Reduce -15.9% | 1.75% | −0.01 |
| DFCF Dimensional Core Fixed Inc. | Reduce -5.5% | 0.08% | −0.00 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -0.1% | 0.13% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| BRK.A Berkshire Hathaway Inc. Class A | New | 1.12% | +1.12 |
| SHV iShares 0-1 Year Treasury Bo | Add +72.6% | 1.39% | +0.58 |
| CVX Chevron Corp. | Add +22.9% | 1.29% | +0.38 |
| DFIC Dimensional International Co. | Add +10.3% | 2.11% | +0.32 |
| JNJ Johnson & Johnson | Add +56.7% | 0.46% | +0.20 |
| AMGN Amgen Inc. | Add +170.7% | 0.29% | +0.20 |
| MRK Merck & Co. Inc. | Add +294.4% | 0.23% | +0.17 |
| PM Philip Morris International | Add +1.1% | 0.66% | +0.16 |
| DCOR Dimensional US Core Eq 1 ETF | New | 0.15% | +0.15 |
| DFLV Dim US Large Cap Value ETF | Add +21.9% | 0.60% | +0.11 |
| VCIT Vanguard Int-Term Corporate | Add +32.4% | 0.45% | +0.11 |
| VEA Vanguard Ftse Developed ETF | Add +1.3% | 1.43% | +0.09 |
| VNQ Vanguard Real Estate ETF | Add +5.9% | 1.18% | +0.08 |
| DXUV Dimensional US Vtor Eqty ETF | New | 0.07% | +0.07 |
| DVY iShares Select Dividend ETF | New | 0.06% | +0.06 |
| DFGR Dim Global Real Estate ETF | Add +3.2% | 1.13% | +0.06 |
| MDLZ Mondelez International Inc. Class A | Add +0.5% | 0.47% | +0.06 |
| DFSV Dimensional US Small Cap Val | Add +19.4% | 0.66% | +0.05 |
| MA Mastercard Inc. Class A | Add +0.1% | 1.50% | +0.05 |
| DFEM Dimensional Emrg MRKT Core | Add +3.6% | 1.12% | +0.04 |
| ESS Essex Property Trust Inc. | New | 0.04% | +0.04 |
| AMT American Tower Corp. | Add +8.8% | 0.15% | +0.03 |
| SCHO Schwab Short-Term US Treas | Add +5.0% | 0.53% | +0.03 |
| DFSD Dimensional Short Duration | Add +5.9% | 0.32% | +0.02 |
| VOO Vanguard S&P 500 ETF | Add +7.3% | 1.08% | +0.02 |
| O Realty Income Corp. | Add +17.4% | 0.08% | +0.02 |
| CCI Crown Castle Inc. | Add +8.0% | 0.08% | +0.01 |
| VGT Vanguard Info Tech ETF | Add +42.0% | 0.08% | +0.01 |
| DFAW Dimensional World Eqty ETF | Add +3.7% | 1.13% | +0.01 |
| SHY iShares 1-3 Year Treasury Bo | Add +2.1% | 0.57% | +0.01 |
| DFGP Dimensional GLBL Core PL Fix | Add +4.5% | 0.27% | +0.01 |
| JPM JPMorgan Chase & Co. | Add +0.3% | 0.47% | +0.01 |
| DFAR Dimensional US Real Est ETF | Add +3.9% | 0.18% | +0.01 |
| PLD Prologis Inc. | Add +1.8% | 0.13% | +0.01 |
| DFEV Dimensional Emrg MRKT Val | Add +14.4% | 0.06% | +0.01 |
| DFAE Dimensional Emerging Core Eq | Add +1.8% | 0.25% | +0.01 |
| VCEB Vanguard ESG US Corp. Bond | Add +13.0% | 0.06% | +0.01 |
| VICI Vici Properties Inc. | Add +1.2% | 0.06% | +0.01 |
| PG The Procter & Gamble Co. | Add +1.0% | 0.17% | +0.00 |
| SPEM State Street SP PTF Em ETF | Add +0.1% | 0.14% | +0.00 |
| VONE Vanguard Russell 1000 | Add +7.1% | 0.20% | +0.00 |
| ICF iShares Select U.S. REIT ETF | Add +2.0% | 0.07% | +0.00 |
| CL Colgate-Palmolive Co. | Add +0.0% | 0.08% | +0.00 |
| SCHV Schwab US Large-Cap Value | Add +0.3% | 0.08% | +0.00 |
| PSA Public Storage | Add +1.9% | 0.07% | +0.00 |
| EXR Extra Space Storage Inc. | Add +1.8% | 0.06% | +0.00 |
| VT Vanguard Tot World STK ETF | Add +2.3% | 0.08% | +0.00 |
| VMRK Vivmark Residential | Add +0.8% | 0.05% | 0.00 |
| PFFD Global X US Preferred ETF | Add +0.8% | 0.04% | −0.00 |
| VIG Vanguard Dividend Apprec ETF | Add +0.1% | 0.07% | −0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 133 | $473.3M | GLDM, VUG, DFUV, VYMI, DFAS |
| Q1 2026 | 132 | $448.3M | GLDM, VUG, DFUV, VYMI, DFIC |
| Q4 2025 | 129 | $430.9M | GLDM, VUG, DFUV, VYMI, DFIC |
| Q3 2025 | 134 | $416.2M | GLDM, VUG, DFUV, VYMI, DFIC |
| Q2 2025 | 133 | $391.8M | GLDM, VUG, DFUV, VYMI, DFAS |
| Q1 2025 | 157 | $568.1M | GLDM, DFUS, VUG, DFUV, VYMI |
| Q4 2024Amended | 157 | $565.0M | VUG, DFUS, GLDM, DFUV, VYMI |
| Q3 2024 | 157 | $598.7M | VUG, DFUS, GLDM, DFUV, SCHB |
| Q2 2024 | 156 | $564.7M | VUG, DFUS, GLDM, DFUV, SCHB |
| Q1 2024 | 155 | $564.2M | GLDM, DFUV, DFUS, VUG, SCHB |