American Trust
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 17, 2025), American Trust reported 327 stock positions worth $1.2 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 16.1% of the portfolio, followed by Vanguard Intermediate-Term B (BIV, 7.6%) and JPMorgan Active Growth ETF (JGRO, 5.0%). Compared with Q2 2025, it opened 57 new positions, sold out of 32, added to 134 and reduced 125. The biggest buy was Vanguard Mrngstar GR ETF-Sui (VUG, shares +3483%) and the biggest sale Vngrd Mrgstr MG CP GR ETF-Ui (MGK, shares −97%).
- Most Recent 13F
- Q2 2026
- Location
- LEXINGTON, KY
- CIK
- 0001905128
- Portfolio Value
- $1.2B (Q3 2025)
- SEC Filing
- 0001905128-25-000010 ↗ filed Nov 17, 2025
Holdings Value
Holdings 327 stocks · $1.2B
| VOO Vanguard S&P 500 ETF | 16.07% | 310,609 | $190.2M | Reduce -3.9% |
| BIV Vanguard Intermediate-Term B | 7.58% | 1,148,695 | $89.7M | Add +8.3% |
| JGRO JPMorgan Active Growth ETF | 5.02% | 633,781 | $59.4M | Add +39.2% |
| DGRO iShares Core Dividend Growth | 4.76% | 827,054 | $56.3M | Reduce -9.9% |
| IJH iShares Core S&P Midcap ETF | 4.36% | 791,410 | $51.6M | Add +1.1% |
| VB Vanguard Most SM-Cap ETF-Usd | 4.10% | 190,926 | $48.5M | Add +0.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 4.04% | 99,751 | $47.8M | Add +3483.0% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.92% | 117,735 | $34.6M | Reduce -1.3% |
| QQQ Invesco QQQ Trust Series 1 | 2.41% | 47,618 | $28.6M | Add +10.9% |
| VEA Vanguard Ftse Developed ETF | 2.41% | 476,705 | $28.6M | Add +0.5% |
| JPST JPMorgan Ultra-Short Income | 2.24% | 523,498 | $26.6M | Add +1.2% |
| JMUB JPMorgan Municipal ETF | 2.04% | 478,239 | $24.1M | New |
| MSFT Microsoft Corp. | 1.63% | 37,309 | $19.3M | Reduce -2.1% |
| AAPL Apple Inc. | 1.54% | 71,735 | $18.3M | Add +0.8% |
| JPM JPMorgan Chase & Co. | 0.99% | 37,325 | $11.8M | Add +0.2% |
| VWO Vanguard Ftse Emerging Marke | 0.94% | 205,506 | $11.1M | Reduce -2.7% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 0.89% | 401,749 | $10.6M | Reduce -16.3% |
| NVDA Nvidia Corp. | 0.88% | 55,960 | $10.4M | Reduce -4.0% |
| IMCG iShares Morningstar Mid-Cap | 0.78% | 111,093 | $9.2M | Add +19.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.71% | 12,658 | $8.4M | Add +0.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.63% | 26,569 | $7.4M | Reduce -6.5% |
| IVV iShares Core S&P 500 ETF | 0.60% | 10,583 | $7.1M | Add +3.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.58% | 47,604 | $6.9M | Reduce -1.8% |
| APH Amphenol Corp. Class A | 0.55% | 52,207 | $6.5M | Reduce -2.2% |
| AMZN Amazon.com Inc. | 0.53% | 28,813 | $6.3M | Reduce -7.4% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.53% | 33,910 | $6.3M | Add +247.9% |
| CTAS Cintas Corp. | 0.53% | 30,468 | $6.3M | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.53% | 33,630 | $6.2M | Add +2.5% |
| COST Costco Wholesale Corp. | 0.52% | 6,633 | $6.1M | Reduce -1.8% |
| MA Mastercard Inc. Class A | 0.50% | 10,377 | $5.9M | Add +2.0% |
| KLAC KLA Corp. | 0.49% | 5,421 | $5.8M | Reduce -6.7% |
| V Visa Inc. Class A | 0.49% | 17,084 | $5.8M | Reduce -2.0% |
| GOOGL Alphabet Inc. Class A | 0.49% | 23,624 | $5.7M | Reduce -4.5% |
| VIGI Vanguard Int Div App Indx FD | 0.47% | 62,201 | $5.6M | Reduce -2.7% |
| ABBV Abbvie Inc. | 0.47% | 23,786 | $5.5M | Reduce -0.4% |
| JFLX JPMorgan Flexible Debt ETF | 0.45% | 105,498 | $5.3M | New |
| IWF iShares Russell 1000 Growth | 0.44% | 11,173 | $5.2M | Reduce -44.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.44% | 15,927 | $5.2M | Add +1.8% |
| LLY Eli Lilly & Co. | 0.41% | 6,385 | $4.9M | Add +4.3% |
| AOM iShares Core 40/60 Moderate | 0.40% | 98,698 | $4.7M | Add +0.6% |
| IAU iShares Gold Trust | 0.39% | 63,852 | $4.6M | Add +1.1% |
| JMEE JPM Sma & Mid Cap En Eq Et-U filed as J P MORGAN EXCHANGE TRADED F | 0.39% | 72,035 | $4.6M | Reduce -4.8% |
| HD Home Depot Inc. | 0.38% | 11,054 | $4.5M | Reduce -1.0% |
| SPYG SS SPDR P S&P 500 Growth ETF | 0.38% | 42,734 | $4.5M | Add +2.0% |
| SCHG Schwab US Large-Cap Growth | 0.37% | 137,062 | $4.4M | Add +3.1% |
| GLDM SPDR Gold Minishares Trust | 0.36% | 55,800 | $4.3M | New |
| META Meta Platforms Inc. Class A | 0.36% | 5,755 | $4.2M | Reduce -9.6% |
| CMI Cummins Inc. | 0.36% | 9,965 | $4.2M | Reduce -1.4% |
| SCHW Schwab (charles) Corp. | 0.35% | 43,970 | $4.2M | Reduce -1.9% |
| SDY SS SPDR S&P Dividend ETF | 0.35% | 29,626 | $4.1M | Reduce -0.9% |
| ABT Abbott Laboratories | 0.35% | 30,850 | $4.1M | Reduce -1.0% |
| USHY iShares Broad Usd High Yield | 0.34% | 107,456 | $4.1M | Reduce -18.2% |
| DE Deere & Co. | 0.33% | 8,631 | $3.9M | Reduce -2.0% |
| PEP Pepsico Inc. | 0.32% | 26,638 | $3.7M | Add +2.0% |
| SYK Stryker Corp. | 0.30% | 9,665 | $3.6M | Reduce -1.7% |
| HON Honeywell International Inc. | 0.30% | 16,970 | $3.6M | Reduce -2.0% |
| JEPI JPMorgan Equity Premium Inco | 0.30% | 62,103 | $3.5M | Add +2.8% |
| EOG EOG Resources Inc. | 0.30% | 31,162 | $3.5M | Add +1.0% |
| NEE Nextera Energy Inc. | 0.29% | 45,871 | $3.5M | Reduce -1.4% |
| ACN Accenture PLC Class A | 0.28% | 13,635 | $3.4M | Reduce -1.4% |
| AVGO Broadcom Inc. | 0.28% | 10,182 | $3.4M | Add +6.0% |
| PH Parker Hannifin Corp. | 0.27% | 4,231 | $3.2M | Reduce -2.0% |
| MRSH Marsh & McLennan Cos | 0.27% | 15,852 | $3.2M | Reduce -1.8% |
| BLK BlackRock Inc. | 0.26% | 2,629 | $3.1M | Reduce -2.3% |
| PRN Invesco Dorsey Wright Indus | 0.26% | 17,660 | $3.1M | Reduce -3.4% |
| TXN Texas Instruments Inc. | 0.25% | 16,271 | $3.0M | Reduce -1.8% |
| PAYX Paychex Inc. | 0.25% | 23,335 | $3.0M | Reduce -5.0% |
| DHI D.R. Horton Inc. | 0.24% | 16,999 | $2.9M | Reduce -0.8% |
| PG The Procter & Gamble Co. | 0.24% | 18,284 | $2.8M | Reduce -0.9% |
| CNQ Canadian Natural Resources | 0.23% | 84,817 | $2.7M | Reduce -1.2% |
| TMO Thermo Fisher Scientific Inc. | 0.23% | 5,533 | $2.7M | Reduce -2.3% |
| DG Dollar General Corp. | 0.23% | 25,936 | $2.7M | Reduce -1.6% |
| ZTS Zoetis Inc. | 0.21% | 17,342 | $2.5M | Reduce -0.9% |
| BR Broadridge Financial Solutio | 0.21% | 10,558 | $2.5M | Reduce -1.9% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 0.21% | 42,838 | $2.5M | Add +0.8% |
| SHW The Sherwin-Williams Co. | 0.20% | 6,989 | $2.4M | Reduce -1.4% |
| DOV Dover Corp. | 0.19% | 13,778 | $2.3M | Reduce -2.1% |
| BND Vanguard Total Bond Market | 0.19% | 30,319 | $2.3M | Add +81.3% |
| JAAA Janus Henderson Aaa Clo ETF | 0.19% | 43,776 | $2.2M | Add +295.1% |
| IEMG iShares Core MSCI Emerging | 0.18% | 32,094 | $2.1M | Add +2.7% |
| IWP iShares Russell Mid-Cap Grow | 0.18% | 14,812 | $2.1M | Reduce -20.8% |
| CMCSA Comcast Corp. Class A | 0.18% | 65,961 | $2.1M | Reduce -0.5% |
| NKE Nike Inc. Class B | 0.17% | 29,443 | $2.1M | Reduce -2.6% |
| IWD iShares Russell 1000 Value E | 0.17% | 10,044 | $2.0M | Reduce -26.1% |
| VGT Vanguard Info Tech ETF | 0.17% | 2,720 | $2.0M | Add +3.7% |
| ROP Roper Technologies Inc. | 0.17% | 3,967 | $2.0M | Reduce -1.4% |
| ANET Arista Networks Inc. | 0.17% | 13,525 | $2.0M | Reduce -23.5% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 0.16% | 25,125 | $1.9M | Reduce -0.1% |
| SPGI S&P Global Inc. | 0.15% | 3,729 | $1.8M | Reduce -0.3% |
| SCHV Schwab US Large-Cap Value | 0.15% | 59,318 | $1.7M | Add +12.2% |
| TSCO Tractor Supply Company | 0.14% | 30,031 | $1.7M | Reduce -0.2% |
| GOOG Alphabet Inc. Class C | 0.14% | 6,763 | $1.6M | Reduce -13.8% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.14% | 12,684 | $1.6M | Reduce -0.1% |
| XLK SS Technology Select Sector | 0.14% | 5,815 | $1.6M | Add +39.0% |
| ILCB iShares Morningstar U.S. Equ | 0.14% | 17,319 | $1.6M | Add +0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.13% | 3,170 | $1.6M | Add +2.4% |
| IEF iShares 7-10 Year Treasury B | 0.13% | 16,370 | $1.6M | New |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | 0.13% | 3,886 | $1.6M | Reduce -96.6% |
| GSLC Goldman Activebeta US LC ETF | 0.12% | 11,029 | $1.4M | Add +3.4% |
| IWS iShares Russell Mid-Cap Valu | 0.12% | 10,111 | $1.4M | Reduce -11.3% |
Portfolio Sells Q2 2025 → Q3 2025
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Reduce -96.6% | 0.13% | −3.78 |
| VOO Vanguard S&P 500 ETF | Reduce -3.9% | 16.07% | −1.23 |
| DGRO iShares Core Dividend Growth | Reduce -9.9% | 4.76% | −0.77 |
| IWF iShares Russell 1000 Growth | Reduce -44.8% | 0.44% | −0.37 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -1.3% | 2.92% | −0.22 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Reduce -16.3% | 0.89% | −0.22 |
| MSFT Microsoft Corp. | Reduce -2.1% | 1.63% | −0.15 |
| MLPX Global X MLP & Energy Infras | Sold out | 0.00% | −0.13 |
| USHY iShares Broad Usd High Yield | Reduce -18.2% | 0.34% | −0.12 |
| CTAS Cintas Corp. | Reduce -0.9% | 0.53% | −0.12 |
| QUAL iShares MSCI USA Quality Fac | Reduce -73.0% | 0.04% | −0.11 |
| COST Costco Wholesale Corp. | Reduce -1.8% | 0.52% | −0.11 |
| AMZN Amazon.com Inc. | Reduce -7.4% | 0.53% | −0.11 |
| ACN Accenture PLC Class A | Reduce -1.4% | 0.28% | −0.11 |
| V Visa Inc. Class A | Reduce -2.0% | 0.49% | −0.09 |
| DE Deere & Co. | Reduce -2.0% | 0.33% | −0.09 |
| PAYX Paychex Inc. | Reduce -5.0% | 0.25% | −0.09 |
| META Meta Platforms Inc. Class A | Reduce -9.6% | 0.36% | −0.09 |
| HON Honeywell International Inc. | Reduce -2.0% | 0.30% | −0.08 |
| NFLX Netflix Inc. | Reduce -24.4% | 0.12% | −0.08 |
| IWD iShares Russell 1000 Value E | Reduce -26.1% | 0.17% | −0.08 |
| VIGI Vanguard Int Div App Indx FD | Reduce -2.7% | 0.47% | −0.07 |
| TXN Texas Instruments Inc. | Reduce -1.8% | 0.25% | −0.07 |
| IWP iShares Russell Mid-Cap Grow | Reduce -20.8% | 0.18% | −0.07 |
| SYK Stryker Corp. | Reduce -1.7% | 0.30% | −0.06 |
| MRSH Marsh & McLennan Cos | Reduce -1.8% | 0.27% | −0.06 |
| TWLO Twilio Inc. Class A | Sold out | 0.00% | −0.06 |
| DG Dollar General Corp. | Reduce -1.6% | 0.23% | −0.06 |
| RBLX Roblox Corp. Class A | Sold out | 0.00% | −0.05 |
| ABT Abbott Laboratories | Reduce -1.0% | 0.35% | −0.05 |
| NVO Novo-Nordisk A/S-Spons ADR | Sold out | 0.00% | −0.05 |
| DOV Dover Corp. | Reduce -2.1% | 0.19% | −0.05 |
| ROP Roper Technologies Inc. | Reduce -1.4% | 0.17% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -0.5% | 0.18% | −0.05 |
| VWO Vanguard Ftse Emerging Marke | Reduce -2.7% | 0.94% | −0.04 |
| ZTS Zoetis Inc. | Reduce -0.9% | 0.21% | −0.04 |
| NTNX Nutanix Inc. Class A | Sold out | 0.00% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -0.9% | 0.24% | −0.04 |
| WM Waste Management Inc. | Sold out | 0.00% | −0.04 |
| JMEE JPM Sma & Mid Cap En Eq Et-U | Reduce -4.8% | 0.39% | −0.04 |
| BR Broadridge Financial Solutio | Reduce -1.9% | 0.21% | −0.03 |
| SPGI S&P Global Inc. | Reduce -0.3% | 0.15% | −0.03 |
| SDY SS SPDR S&P Dividend ETF | Reduce -0.9% | 0.35% | −0.03 |
| MRC MRC Global Inc. | Sold out | 0.00% | −0.03 |
| CADE Cadence Bank | Sold out | 0.00% | −0.03 |
| AXP American Express Co. | Sold out | 0.00% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -1.9% | 0.35% | −0.03 |
| ALGN Align Technology Inc. | Sold out | 0.00% | −0.03 |
| NKE Nike Inc. Class B | Reduce -2.6% | 0.17% | −0.03 |
| COR Cencora Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| VUG Vanguard Mrngstar GR ETF-Sui | Add +3483.0% | 4.04% | +3.93 |
| JMUB JPMorgan Municipal ETF | New | 2.04% | +2.04 |
| JGRO JPMorgan Active Growth ETF | Add +39.2% | 5.02% | +1.33 |
| JFLX JPMorgan Flexible Debt ETF | New | 0.45% | +0.45 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +247.9% | 0.53% | +0.37 |
| GLDM SPDR Gold Minishares Trust | New | 0.36% | +0.36 |
| QQQ Invesco QQQ Trust Series 1 | Add +10.9% | 2.41% | +0.18 |
| AAPL Apple Inc. | Add +0.8% | 1.54% | +0.17 |
| JAAA Janus Henderson Aaa Clo ETF | Add +295.1% | 0.19% | +0.13 |
| IEF iShares 7-10 Year Treasury B | New | 0.13% | +0.13 |
| AHR American Healthcare REIT Inc. | New | 0.10% | +0.10 |
| SCHX Schwab US Large-Cap ETF | New | 0.09% | +0.09 |
| IMCB iShares Morningstar Mid-Cap | New | 0.09% | +0.09 |
| BND Vanguard Total Bond Market | Add +81.3% | 0.19% | +0.07 |
| IMCG iShares Morningstar Mid-Cap | Add +19.4% | 0.78% | +0.07 |
| JNJ Johnson & Johnson | Add +2.5% | 0.53% | +0.05 |
| SCHD Schwab US DVD Equity ETF | Add +140.4% | 0.10% | +0.05 |
| MPWR Monolithic Power Systems Inc. | Add +153.1% | 0.08% | +0.05 |
| VNLA Janus Henderson Short Durati | New | 0.05% | +0.05 |
| IBDU iShares Ibonds Dec 2029 Term | New | 0.05% | +0.05 |
| IBDT iShares Ibonds Dec 2028 ETF | New | 0.05% | +0.05 |
| IBDR iShares Ibonds Dec 2026 Term | New | 0.05% | +0.05 |
| IBDS Ishrs Ibnds Dec 27 Corp. ETF | New | 0.05% | +0.05 |
| VGIT Vanguard Intermediate-Term T | New | 0.04% | +0.04 |
| FDIS Fidelity MSCI Cons Discr Ind | New | 0.04% | +0.04 |
| XLK SS Technology Select Sector | Add +39.0% | 0.14% | +0.04 |
| FSTA Fidelity MSCI Cons Stap Indx | New | 0.04% | +0.04 |
| W Wayfair Inc. Class A | New | 0.04% | +0.04 |
| AVGO Broadcom Inc. | Add +6.0% | 0.28% | +0.03 |
| PEGA Pegasystems Inc. | New | 0.03% | +0.03 |
| IBDV iShares Ibonds Dec 2030 Corp. | New | 0.03% | +0.03 |
| VZ Verizon Communications Inc. | New | 0.03% | +0.03 |
| TER Teradyne Inc. | New | 0.03% | +0.03 |
| XLY SS Consumer Disc Select Sect | New | 0.03% | +0.03 |
| LITE Lumentum Holdings Inc. | New | 0.03% | +0.03 |
| XOM Exxon Mobil Corp. | Add +72.7% | 0.08% | +0.03 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +146.6% | 0.05% | +0.03 |
| T AT&T Inc. | New | 0.02% | +0.02 |
| TSLA Tesla Inc. | Add +3.2% | 0.10% | +0.02 |
| NSC Norfolk Southern Corp. | New | 0.02% | +0.02 |
| FBND Fidelity Total Bond ETF | New | 0.02% | +0.02 |
| VYMI Vanguard Int High DVD YLD Inc. | New | 0.02% | +0.02 |
| GE General Electric | Add +96.9% | 0.04% | +0.02 |
| IAU iShares Gold Trust | Add +1.1% | 0.39% | +0.02 |
| COHR Coherent Corp. | New | 0.02% | +0.02 |
| IDXX Idexx Laboratories Inc. | Add +17.1% | 0.10% | +0.02 |
| P Everpure Inc. Class A | New | 0.02% | +0.02 |
| VST Vistra Corp. | New | 0.02% | +0.02 |
| AMGN Amgen Inc. | New | 0.02% | +0.02 |
| PNC PNC Financial Services Group | Add +100.8% | 0.04% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 334 | $1.3B | VOO, BIV, DGRO, VUG, JGRO |
| Q1 2026 | 313 | $1.1B | VOO, BIV, DGRO, VUG, JGRO |
| Q4 2025 | 328 | $1.2B | VOO, BIV, DGRO, JGRO, VUG |
| Q3 2025 | 327 | $1.2B | VOO, BIV, JGRO, DGRO, IJH |
| Q2 2025 | 302 | $1.1B | VOO, BIV, DGRO, IJH, VB |
| Q1 2025 | 121 | $405.6M | IJH, DGRO, JGRO, VB, MSFT |
| Q4 2024 | 313 | $1.3B | VOO, DGRO, BIV, VO, VB |
| Q3 2024 | 256 | $1.2B | VOO, DGRO, BIV, SCHX, IJH |
| Q2 2024 | 244 | $1.2B | VOO, SCHX, DGRO, BIV, VO |
| Q1 2024 | 281 | $1.2B | VOO, DGRO, IDA, BIV, IJH |