American Trust Investment Advisors, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 17, 2026), American Trust Investment Advisors, LLC reported 77 stock positions worth $187.0 million. Its top holding was Berkshire Hathaway Class B (BRK.B) at 7.3% of the portfolio, followed by Apple (AAPL, 4.9%) and Lam Research (LRCX, 4.3%). Compared with Q3 2025, it opened 1 new position, sold out of 5, added to 32 and reduced 20. The biggest buy was a new position in MP Materials (MP) and the biggest sale an exit from Kimco Realty (KIM).

Most Recent 13F
Q2 2026
Location
Lebanon, NH
CIK
0001291424
Portfolio Value
$187.0M (Q4 2025)
SEC Filing
0001172661-26-000870 ↗ filed Feb 17, 2026

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $209.9M Q1 2024 Q2 2024: $205.9M Q2 2024 Q3 2024: $244.4M Q3 2024 Q4 2024: $243.9M Q4 2024 Q1 2025: $239.1M Q1 2025 Q2 2025: $198.2M Q2 2025 Q3 2025: $193.9M Q3 2025 Q4 2025: $187.0M $187.0M Q4 2025 Q1 2026: $181.0M Q1 2026 Q2 2026: $202.6M Q2 2026

Holdings 77 stocks · $187.0M
BRK.B Berkshire Hathaway Inc. Class B 7.28% 27,103 $13.6M Add +0.1%
AAPL Apple Inc. 4.95% 34,042 $9.3M Add +0.5%
LRCX Lam Research Corp. 4.32% 47,144 $8.1M Add +0.0%
MSFT Microsoft Corp. 4.00% 15,460 $7.5M Add +2.0%
CEG Constellation Energy 3.82% 20,211 $7.1M Reduce -4.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 3.75% 23,695 $7.0M Add +0.0%
META Meta Platforms Inc. Class A 3.34% 9,468 $6.2M Add +0.1%
BG Bunge Global SA 3.18% 66,791 $5.9M Add +1.0%
C Citigroup Inc. 3.12% 49,935 $5.8M Add +7.0%
SONY Sony Group Corp. - SP ADR 3.04% 222,357 $5.7M Add +2.2%
GOOGL Alphabet Inc. Class A 3.04% 18,178 $5.7M Reduce -1.3%
ACN Accenture PLC Class A 2.73% 19,015 $5.1M Add +4.0%
SCHW Schwab (charles) Corp. 2.72% 50,913 $5.1M Add +1.9%
ALV Autoliv Inc. 2.68% 42,216 $5.0M Reduce -2.4%
AMZN Amazon.com Inc. 2.62% 21,190 $4.9M Add +3.0%
J Jacobs Solutions Inc. 2.57% 36,267 $4.8M Add +0.4%
CARR Carrier Global Corp. 2.44% 86,306 $4.6M Add +1.8%
SO The Southern Co. 2.38% 51,030 $4.4M Add +0.7%
NXPI NXP Semiconductors NV 2.24% 19,263 $4.2M Add +3.7%
CCJ Cameco Corp. 2.02% 41,285 $3.8M Reduce -30.6%
FLR Fluor Corp. 1.87% 88,304 $3.5M Reduce -1.3%
MDLZ Mondelez International Inc. Class A 1.77% 61,352 $3.3M Add +5.9%
BWXT BWX Technologies Inc. 1.75% 18,988 $3.3M Add +1.9%
EMBJ Embraer SA-Spon ADR 1.72% 50,002 $3.2M Reduce -5.6%
LEN Lennar Corp. Class A 1.66% 30,124 $3.1M Reduce -0.6%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 1.62% 36,624 $3.0M Add +0.8%
MP MP Materials Corp. 1.62% 59,810 $3.0M New
CTRA Coterra Energy Inc. 1.47% 104,620 $2.8M Add +2.0%
LNG Cheniere Energy Inc. 1.41% 13,553 $2.6M Add +0.3%
SAN Banco Santander SA-Spon ADR 1.40% 222,925 $2.6M Add +0.3%
CBRE CBRE Group Inc. Class A 1.36% 15,794 $2.5M Add +0.3%
AMX America Movil Sab DE CV 1.17% 106,225 $2.2M Reduce -0.2%
COP Conocophillips 1.11% 22,260 $2.1M Reduce -0.9%
TREX Trex Company Inc. 1.03% 54,660 $1.9M Reduce -6.0%
SCHP Schwab U.S. Tips ETF 0.99% 70,070 $1.9M No change
OPRA Opera Ltd.-ADR 0.95% 126,025 $1.8M Add +3.0%
LMT Lockheed Martin Corp. 0.88% 3,386 $1.6M Add +3.6%
ARCO Arcos Dorados Holdings Inc. Class A 0.82% 209,313 $1.5M Add +4.8%
VFC VF Corp. 0.67% 69,779 $1.3M Add +1.4%
KTB Kontoor Brands Inc. 0.64% 19,679 $1.2M Add +2.0%
CB Chubb Ltd. 0.57% 3,386 $1.1M No change
LLY Eli Lilly & Co. 0.51% 882 $948K Add +0.6%
AMTM Amentum Holdings Inc. 0.45% 29,175 $846K Reduce -4.3%
SPY SS SPDR S&P 500 ETF Trust-US 0.45% 1,237 $844K Reduce -2.4%
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.34% 8,045 $633K No change
ADP Automatic Data Processing 0.31% 2,273 $585K Reduce -2.1%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.28% 5,815 $524K No change
UBS UBS Group AG-Reg 0.28% 11,295 $523K No change
SPXV Proshares Trust-S&P 500 Ex-H 0.24% 6,033 $450K Reduce -2.7%
BP BP PLC-Spons ADR 0.21% 11,560 $401K Reduce -2.4%
NGG National Grid PLC-SP ADR 0.21% 5,172 $400K No change
SAP Sap SE-Sponsored ADR 0.21% 1,620 $394K No change
NFLX Netflix Inc. 0.21% 4,140 $388K Reduce -11.2%
BHP BHP Group Ltd.-Spon ADR 0.20% 6,072 $367K No change
TM Toyota Motor Corp. -Spon ADR 0.20% 1,710 $366K No change
ASML ASML Holding NV-NY Reg SHS 0.19% 335 $358K No change
TSLA Tesla Inc. 0.18% 734 $330K No change
ALB Albemarle Corp. 0.17% 2,279 $322K Reduce -14.9%
TELFY Telefonica SA-Spon ADR 0.16% 75,984 $308K No change
NEE Nextera Energy Inc. 0.15% 3,590 $288K No change
HMC Honda Motor Co. Ltd.-Spons ADR 0.15% 9,585 $283K No change
HASI Ha Sustainable Infrastructur 0.15% 8,990 $283K No change
WDS Woodside Energy Group-ADR 0.15% 17,944 $280K No change
FSLR First Solar Inc. 0.15% 1,070 $280K No change
BEP Brookfield Renewable Partner 0.15% 10,225 $276K No change
ORA Ormat Technologies Inc. 0.14% 2,415 $267K No change
MRK Merck & Co. Inc. 0.14% 2,483 $261K No change
CMI Cummins Inc. 0.14% 505 $258K No change
HON Honeywell International Inc. 0.14% 1,319 $257K Add +17.9%
HXL Hexcel Corp. 0.14% 3,445 $255K No change
GOOG Alphabet Inc. Class C 0.13% 796 $250K Reduce -19.7%
JNJ Johnson & Johnson 0.13% 1,177 $244K Reduce -0.8%
ITRI Itron Inc. 0.13% 2,590 $241K Add +23.3%
XYL Xylem Inc. 0.13% 1,755 $239K Add +11.8%
NXT Nextpower Inc. 0.12% 2,675 $233K Reduce -27.2%
EMA Emera Inc. 0.12% 4,685 $231K No change
CL Colgate-Palmolive Co. 0.11% 2,690 $213K No change

Portfolio Sells Q3 2025 → Q4 2025
KIM Kimco Realty Corp. Sold out 0.00% −2.10
FCX Freeport-McMoran Inc. Sold out 0.00% −1.76
CMCSA Comcast Corp. Class A Sold out 0.00% −0.66
CCJ Cameco Corp. Reduce -30.6% 2.02% −0.55
TREX Trex Company Inc. Reduce -6.0% 1.03% −0.52
LEN Lennar Corp. Class A Reduce -0.6% 1.66% −0.31
OC Owens Corning Sold out 0.00% −0.12
GNRC Generac Holdings Inc. Sold out 0.00% −0.11
NFLX Netflix Inc. Reduce -11.2% 0.21% −0.08
ALV Autoliv Inc. Reduce -2.4% 2.68% −0.08
FLR Fluor Corp. Reduce -1.3% 1.87% −0.07
ADP Automatic Data Processing Reduce -2.1% 0.31% −0.04
NXT Nextpower Inc. Reduce -27.2% 0.12% −0.02
BP BP PLC-Spons ADR Reduce -2.4% 0.21% +0.00
SPXV Proshares Trust-S&P 500 Ex-H Reduce -2.7% 0.24% +0.01
GOOG Alphabet Inc. Class C Reduce -19.7% 0.13% +0.01
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.4% 0.45% +0.02
JNJ Johnson & Johnson Reduce -0.8% 0.13% +0.02
COP Conocophillips Reduce -0.9% 1.11% +0.02
AMX America Movil Sab DE CV Reduce -0.2% 1.17% +0.02
ALB Albemarle Corp. Reduce -14.9% 0.17% +0.06
EMBJ Embraer SA-Spon ADR Reduce -5.6% 1.72% +0.07
AMTM Amentum Holdings Inc. Reduce -4.3% 0.45% +0.08
CEG Constellation Energy Reduce -4.9% 3.82% +0.21
GOOGL Alphabet Inc. Class A Reduce -1.3% 3.04% +0.73

Portfolio Buys Q3 2025 → Q4 2025
MP MP Materials Corp. New 1.62% +1.62
LRCX Lam Research Corp. Add +0.0% 4.32% +1.06
C Citigroup Inc. Add +7.0% 3.12% +0.67
AAPL Apple Inc. Add +0.5% 4.95% +0.50
BG Bunge Global SA Add +1.0% 3.18% +0.41
ACN Accenture PLC Class A Add +4.0% 2.73% +0.40
IBM Intl Business Machines Corp. Add +0.0% 3.75% +0.31
AMZN Amazon.com Inc. Add +3.0% 2.62% +0.29
BRK.B Berkshire Hathaway Inc. Class B Add +0.1% 7.28% +0.26
SCHW Schwab (charles) Corp. Add +1.9% 2.72% +0.26
CTRA Coterra Energy Inc. Add +2.0% 1.47% +0.22
SAN Banco Santander SA-Spon ADR Add +0.3% 1.40% +0.20
VFC VF Corp. Add +1.4% 0.67% +0.16
LLY Eli Lilly & Co. Add +0.6% 0.51% +0.16
ARCO Arcos Dorados Holdings Inc. Class A Add +4.8% 0.82% +0.13
CBRE CBRE Group Inc. Class A Add +0.3% 1.36% +0.08
NXPI NXP Semiconductors NV Add +3.7% 2.24% +0.05
LMT Lockheed Martin Corp. Add +3.6% 0.88% +0.03
HON Honeywell International Inc. Add +17.9% 0.14% +0.02
XYL Xylem Inc. Add +11.8% 0.13% +0.01
ITRI Itron Inc. Add +23.3% 0.13% −0.01
BWXT BWX Technologies Inc. Add +1.9% 1.75% −0.02
MSFT Microsoft Corp. Add +2.0% 4.00% −0.05
SO The Southern Co. Add +0.7% 2.38% −0.10
MDLZ Mondelez International Inc. Class A Add +5.9% 1.77% −0.10
KTB Kontoor Brands Inc. Add +2.0% 0.64% −0.15
CARR Carrier Global Corp. Add +1.8% 2.44% −0.17
SONY Sony Group Corp. - SP ADR Add +2.2% 3.04% −0.19
J Jacobs Solutions Inc. Add +0.4% 2.57% −0.22
LNG Cheniere Energy Inc. Add +0.3% 1.41% −0.23
META Meta Platforms Inc. Class A Add +0.1% 3.34% −0.24
IRM Iron Mountain Inc. Add +0.8% 1.62% −0.29
OPRA Opera Ltd.-ADR Add +3.0% 0.95% −0.35

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 81$202.6MAAPL, LRCX, BRK.B, C, IBM
Q1 2026 76$181.0MBRK.B, AAPL, BG, LRCX, C
Q4 2025 77$187.0MBRK.B, AAPL, LRCX, MSFT, CEG
Q3 2025 81$193.9MBRK.B, AAPL, MSFT, CEG, META
Q2 2025 81$198.2MBRK.B, CEG, MSFT, AAPL, META
Q1 2025 101$239.1MBRK.B, AAPL, BG, IBM, SONY
Q4 2024 109$243.9MBRK.B, AAPL, CEG, FLR, IBM
Q3 2024 109$244.4MBRK.B, AAPL, CEG, FLR, IRM
Q2 2024 84$205.9MBRK.B, AAPL, CEG, MSFT, FLR
Q1 2024 86$209.9MBRK.B, AAPL, CEG, FLR, MSFT