AMG National Trust Bank
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 6, 2024), AMG National Trust Bank reported 421 stock positions worth $3.4 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 9.9% of the portfolio, followed by iShares Russell Mid-Cap ETF (IWR, 9.3%) and iShares Russell 2000 ETF (IWM, 5.5%). Compared with Q4 2023, it opened 21 new positions, sold out of 20, added to 141 and reduced 174. The biggest buy was Walt Disney (DIS, shares +214%) and the biggest sale Abrdn Physical Platinum SHRS (PPLT, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- GREENWOOD VILLAGE, CO
- CIK
- 0001388829
- Portfolio Value
- $3.4B (Q1 2024)
- SEC Filing
- 0001085146-24-002261 ↗ filed May 6, 2024
Holdings Value
Holdings 421 stocks · $3.4B
| SPY SS SPDR S&P 500 ETF Trust-US | 9.93% | 650,004 | $340.0M | Reduce -0.5% |
| IWR iShares Russell Mid-Cap ETF | 9.27% | 3,770,895 | $317.1M | Reduce -0.5% |
| IWM iShares Russell 2000 ETF | 5.46% | 888,075 | $186.8M | Add +1.0% |
| LOW Lowe's Cos Inc. | 3.24% | 435,382 | $110.9M | Reduce -0.1% |
| IXUS iShares Core Intl Stock ETF | 3.12% | 1,572,484 | $106.7M | Add +0.8% |
| BND Vanguard Total Bond Market | 2.89% | 1,361,321 | $98.9M | Add +2.3% |
| BALL Ball Corp. | 2.45% | 1,245,080 | $83.9M | Reduce -1.9% |
| IWB iShares Russell 1000 ETF | 2.18% | 258,718 | $74.5M | Reduce -0.9% |
| VOO Vanguard S&P 500 ETF | 2.10% | 149,776 | $72.0M | Add +2.1% |
| VTI VG Morningstar TS MKT ETF-US | 2.09% | 274,784 | $71.4M | Reduce -0.1% |
| IVV iShares Core S&P 500 ETF | 2.01% | 130,569 | $68.6M | Add +0.0% |
| EFA iShares MSCI Eafe ETF | 1.85% | 792,938 | $63.3M | Reduce -0.6% |
| AAPL Apple Inc. | 1.68% | 335,803 | $57.6M | Add +0.1% |
| IWN iShares Russell 2000 Value E | 1.45% | 312,347 | $49.6M | Reduce -2.0% |
| IEFA iShares Core MSCI Eafe ETF | 1.37% | 633,030 | $47.0M | Add +13.5% |
| IWF iShares Russell 1000 Growth | 1.34% | 136,094 | $45.9M | Add +0.1% |
| IWS iShares Russell Mid-Cap Valu | 1.30% | 355,226 | $44.5M | Reduce -3.0% |
| VXUS Vanguard Total Intl Stock | 1.29% | 733,008 | $44.2M | Add +1.3% |
| ACWX iShares MSCI Acwi Ex US ETF | 1.20% | 767,842 | $41.0M | Reduce -1.5% |
| QQQ Invesco QQQ Trust Series 1 | 1.15% | 88,616 | $39.3M | Add +2.4% |
| ICVT iShares Convertible Bond ETF | 1.05% | 449,518 | $35.9M | Add +8.0% |
| IWP iShares Russell Mid-Cap Grow | 1.05% | 314,052 | $35.8M | Reduce -2.8% |
| DVY iShares Select Dividend ETF | 1.01% | 279,891 | $34.5M | Add +0.5% |
| HD Home Depot Inc. | 0.93% | 82,638 | $31.7M | Reduce -2.8% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.84% | 126,512 | $28.9M | Add +0.6% |
| MSFT Microsoft Corp. | 0.84% | 68,508 | $28.8M | Add +0.1% |
| VFC VF Corp. | 0.77% | 1,723,404 | $26.4M | Add +4.9% |
| IWD iShares Russell 1000 Value E | 0.75% | 143,255 | $25.7M | Add +0.0% |
| KTB Kontoor Brands Inc. | 0.73% | 416,716 | $25.1M | Reduce -1.2% |
| GPK Graphic Packaging Holding Co. | 0.72% | 843,319 | $24.6M | No change |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.70% | 96,213 | $24.0M | Reduce -3.2% |
| AMZN Amazon.com Inc. | 0.66% | 125,007 | $22.5M | Add +1.3% |
| GLD SPDR Gold Shares | 0.66% | 109,008 | $22.4M | Add +3.9% |
| MUB iShares National Muni Bond E | 0.65% | 207,952 | $22.4M | Reduce -2.4% |
| TAP Molson Coors Beverage Co. Class B | 0.61% | 312,649 | $21.0M | No change |
| BRK.A Berkshire Hathaway Inc. Class A | 0.61% | 33 | $20.9M | No change |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.55% | 47,521 | $18.9M | Reduce -0.8% |
| ICF iShares Select U.S. REIT ETF | 0.54% | 322,403 | $18.6M | Add +0.6% |
| VIG Vanguard Dividend Apprec ETF | 0.53% | 100,208 | $18.3M | Add +2.6% |
| IWO iShares Russell 2000 Growth | 0.45% | 56,552 | $15.3M | Add +1.6% |
| HRL Hormel Foods Corp. | 0.44% | 435,692 | $15.2M | Reduce -0.3% |
| JNJ Johnson & Johnson | 0.38% | 81,716 | $12.9M | Add +0.4% |
| VTIP Vanguard Short-Term Tips | 0.37% | 264,340 | $12.7M | Reduce -17.3% |
| XLK SS Technology Select Sector | 0.35% | 57,834 | $12.0M | Reduce -0.7% |
| IJH iShares Core S&P Midcap ETF | 0.33% | 188,378 | $11.4M | Add +0.4% |
| IAU iShares Gold Trust | 0.33% | 272,117 | $11.4M | Add +13.9% |
| GNR State Street SPDR S&P Global | 0.32% | 189,556 | $11.0M | Add +58.8% |
| JPM JPMorgan Chase & Co. | 0.31% | 53,754 | $10.8M | Add +2.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.30% | 177,279 | $10.4M | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 0.30% | 66,440 | $10.1M | Reduce -0.9% |
| SLV iShares Silver Trust | 0.29% | 440,740 | $10.0M | Reduce -0.6% |
| NVDA Nvidia Corp. | 0.29% | 11,003 | $9.9M | Reduce -1.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.29% | 23,351 | $9.8M | Add +1.8% |
| GOOGL Alphabet Inc. Class A | 0.28% | 63,910 | $9.6M | Reduce -0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.27% | 74,319 | $9.1M | Add +213.8% |
| LLY Eli Lilly & Co. | 0.26% | 11,621 | $9.0M | Add +0.7% |
| VYM Vanguard High DVD Yield ETF | 0.26% | 72,704 | $8.8M | Reduce -4.2% |
| CWB SS SPDR BB Conv Sec ETF | 0.26% | 120,414 | $8.8M | Add +10.4% |
| PFG Principal Financial Group | 0.25% | 100,578 | $8.7M | Reduce -11.0% |
| XOM Exxon Mobil Corp. | 0.25% | 73,026 | $8.5M | Add +0.4% |
| PG The Procter & Gamble Co. | 0.25% | 51,969 | $8.4M | Reduce -0.5% |
| SCHW Schwab (charles) Corp. | 0.25% | 116,374 | $8.4M | Add +20.2% |
| AMGN Amgen Inc. | 0.25% | 29,547 | $8.4M | Reduce -0.7% |
| IEMG iShares Core MSCI Emerging | 0.24% | 158,012 | $8.2M | Reduce -2.5% |
| RTX RTX Corp. | 0.23% | 81,104 | $7.9M | Add +1.9% |
| KO The Coca-Cola Co. | 0.23% | 128,137 | $7.8M | Reduce -0.6% |
| UNH Unitedhealth Group Inc. | 0.22% | 15,512 | $7.7M | Reduce -1.4% |
| ECL Ecolab Inc. | 0.22% | 32,831 | $7.6M | Add +0.4% |
| SIVR Abrdn Physical Silver Shares | 0.22% | 311,836 | $7.4M | Add +7.4% |
| EZU iShares MSCI Eurozone ETF | 0.22% | 144,535 | $7.4M | Reduce -0.3% |
| H Hyatt Hotels Corp. Class A | 0.21% | 44,777 | $7.1M | No change |
| META Meta Platforms Inc. Class A | 0.21% | 14,470 | $7.0M | Add +3.1% |
| XLF SS Financial Select Sector | 0.20% | 165,857 | $7.0M | Reduce -1.0% |
| IYE iShares U.S. Energy ETF | 0.20% | 139,380 | $6.9M | Add +7.8% |
| GVI iShares Intermediate Governm | 0.20% | 64,487 | $6.7M | Add +5.2% |
| ESGV Vanguard ESG US Stock ETF | 0.20% | 71,944 | $6.7M | Add +0.4% |
| IBDP iShares Ibonds Dec 2024 Term | 0.19% | 266,107 | $6.7M | Add +6.3% |
| MSCI MSCI Inc. | 0.19% | 11,845 | $6.6M | No change |
| VZ Verizon Communications Inc. | 0.19% | 157,326 | $6.6M | Reduce -2.1% |
| VCLT Vanguard Long-Term Corp. Bond | 0.19% | 84,369 | $6.6M | Add +179.2% |
| PPLT Abrdn Physical Platinum SHRS | 0.19% | 77,764 | $6.5M | Reduce -36.8% |
| CVX Chevron Corp. | 0.19% | 40,296 | $6.4M | Reduce -1.3% |
| PFF iShares Preferred & Income S | 0.18% | 193,545 | $6.2M | Add +67.5% |
| SYK Stryker Corp. | 0.18% | 17,392 | $6.2M | Add +1.5% |
| HTB Hometrust Bancshares Inc. | 0.18% | 224,886 | $6.1M | Reduce -6.1% |
| TFC Truist Financial Corp. | 0.18% | 155,947 | $6.1M | Add +1.5% |
| AXP American Express Co. | 0.17% | 26,084 | $5.9M | Add +2.3% |
| C Citigroup Inc. | 0.17% | 93,465 | $5.9M | Add +8.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.17% | 57,763 | $5.9M | Reduce -0.6% |
| PEP Pepsico Inc. | 0.17% | 33,464 | $5.9M | Add +16.0% |
| ALL Allstate Corp. | 0.16% | 31,844 | $5.5M | No change |
| IEI iShares 3-7 Year Treasury Bo | 0.16% | 46,628 | $5.4M | Add +11.6% |
| DOW Dow Inc. | 0.15% | 91,002 | $5.3M | Reduce -2.1% |
| FDX FedEx Corp. | 0.15% | 17,957 | $5.2M | Reduce -2.4% |
| DHR Danaher Corp. | 0.15% | 20,625 | $5.1M | Add +0.1% |
| ORCL Oracle Corp. | 0.15% | 40,998 | $5.1M | Reduce -1.4% |
| GAP The Gap Inc. | 0.15% | 185,000 | $5.1M | Reduce -41.9% |
| USB US Bancorp | 0.15% | 112,839 | $5.0M | Reduce -0.9% |
| MRK Merck & Co. Inc. | 0.14% | 37,360 | $4.9M | Reduce -2.5% |
| EEM iShares MSCI Emerging Market | 0.14% | 115,750 | $4.8M | Reduce -5.7% |
Options reported separately and not counted above: AAPL puts ($7K), RTX puts ($4K), META puts ($2K), MAR puts ($757).
Other holdings (1): bonds, preferreds, convertibles and warrants · $582K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 13,504 | $582K | Add +7.7% |
Total filed on the 13F, all lines: $3.4B.
Portfolio Sells Q4 2023 → Q1 2024
| PPLT Abrdn Physical Platinum SHRS | Reduce -36.8% | 0.19% | −0.16 |
| CSCO Cisco Systems Inc. | Reduce -59.2% | 0.08% | −0.14 |
| BBJP JPMorgan Betabuilders Japan | Reduce -69.6% | 0.06% | −0.13 |
| BG Bunge Global SA | Sold out | 0.00% | −0.12 |
| VTIP Vanguard Short-Term Tips | Reduce -17.3% | 0.37% | −0.11 |
| IWN iShares Russell 2000 Value E | Reduce -2.0% | 1.45% | −0.10 |
| KTB Kontoor Brands Inc. | Reduce -1.2% | 0.73% | −0.09 |
| PFE Pfizer Inc. | Reduce -51.0% | 0.06% | −0.08 |
| MUB iShares National Muni Bond E | Reduce -2.4% | 0.65% | −0.07 |
| TMUS T-Mobile US Inc. | Reduce -45.9% | 0.07% | −0.06 |
| GAP The Gap Inc. | Reduce -41.9% | 0.15% | −0.06 |
| BDX Becton Dickinson and Co. | Reduce -33.6% | 0.09% | −0.05 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -1.5% | 1.20% | −0.05 |
| SNY Sanofi-ADR | Sold out | 0.00% | −0.05 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.05 |
| CTSH Cognizant Tech Solutions-A | Sold out | 0.00% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -17.8% | 0.13% | −0.04 |
| EME Emcor Group Inc. | Sold out | 0.00% | −0.04 |
| RL Ralph Lauren Corp. | Sold out | 0.00% | −0.04 |
| XEL Xcel Energy Inc. | Reduce -72.3% | 0.01% | −0.04 |
| PHG Koninklijke Philips NVR- NY | Sold out | 0.00% | −0.04 |
| IWS iShares Russell Mid-Cap Valu | Reduce -3.0% | 1.30% | −0.04 |
| EWY iShares MSCI South Korea ETF | Sold out | 0.00% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -1.4% | 0.22% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -0.6% | 1.85% | −0.04 |
| EZA iShares MSCI South Africa Et | Sold out | 0.00% | −0.04 |
| EWH iShares MSCI Hong Kong ETF | Sold out | 0.00% | −0.03 |
| SPG Simon Property Group Inc. | Reduce -32.6% | 0.07% | −0.03 |
| HAE Haemonetics Corp. | Sold out | 0.00% | −0.03 |
| COF Capital One Financial Corp. | Reduce -24.1% | 0.10% | −0.03 |
| PFG Principal Financial Group | Reduce -11.0% | 0.25% | −0.03 |
| CI The Cigna Group | Reduce -44.9% | 0.04% | −0.02 |
| LNC Lincoln National Corp. | Sold out | 0.00% | −0.02 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Reduce -3.2% | 0.70% | −0.02 |
| AMGN Amgen Inc. | Reduce -0.7% | 0.25% | −0.02 |
| GILD Gilead Sciences Inc. | Reduce -1.6% | 0.11% | −0.02 |
| BA The Boeing Co. | Reduce -2.3% | 0.05% | −0.02 |
| HTB Hometrust Bancshares Inc. | Reduce -6.1% | 0.18% | −0.02 |
| VNM Vaneck Vietnam ETF | Reduce -71.8% | 0.01% | −0.02 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -8.5% | 0.13% | −0.02 |
| ENZL iShares MSCI New Zealand ETF | Sold out | 0.00% | −0.02 |
| CARR Carrier Global Corp. | Reduce -14.2% | 0.09% | −0.02 |
| EWZ iShares MSCI Brazil ETF | Sold out | 0.00% | −0.02 |
| BAC Bank of America Corp. | Reduce -23.1% | 0.08% | −0.02 |
| MAC The Macerich Co. | Reduce -38.9% | 0.03% | −0.02 |
| IEMG iShares Core MSCI Emerging | Reduce -2.5% | 0.24% | −0.02 |
| PARAA Paramount Global Class B | Sold out | 0.00% | −0.02 |
| EEM iShares MSCI Emerging Market | Reduce -5.7% | 0.14% | −0.02 |
| DIA SS SPDR Dow Jones Indus Avg | Reduce -0.8% | 0.55% | −0.01 |
| SUB iShares Short-Term National | Reduce -4.4% | 0.11% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| DIS The Walt Disney Co. | Add +213.8% | 0.27% | +0.20 |
| IEFA iShares Core MSCI Eafe ETF | Add +13.5% | 1.37% | +0.14 |
| VCLT Vanguard Long-Term Corp. Bond | Add +179.2% | 0.19% | +0.12 |
| SWKS Skyworks Solutions Inc. | New | 0.11% | +0.11 |
| GNR State Street SPDR S&P Global | Add +58.8% | 0.32% | +0.11 |
| VOO Vanguard S&P 500 ETF | Add +2.1% | 2.10% | +0.09 |
| PPL PPL Corp. | New | 0.08% | +0.08 |
| BABA Alibaba Group Holding-SP ADR | New | 0.08% | +0.08 |
| LYG Lloyds Banking Group PLC-ADR | New | 0.08% | +0.08 |
| AMZN Amazon.com Inc. | Add +1.3% | 0.66% | +0.07 |
| PFF iShares Preferred & Income S | Add +67.5% | 0.18% | +0.07 |
| AAP Advance Auto Parts Inc. | New | 0.06% | +0.06 |
| LLY Eli Lilly & Co. | Add +0.7% | 0.26% | +0.05 |
| META Meta Platforms Inc. Class A | Add +3.1% | 0.21% | +0.05 |
| IVV iShares Core S&P 500 ETF | Add +0.0% | 2.01% | +0.05 |
| IWF iShares Russell 1000 Growth | Add +0.1% | 1.34% | +0.05 |
| BAX Baxter International Inc. | Add +48.3% | 0.13% | +0.04 |
| BMY Bristol-Myers Squibb Co. | Add +170.4% | 0.07% | +0.04 |
| SMPL The Simply Good Foods Co. | New | 0.04% | +0.04 |
| IAU iShares Gold Trust | Add +13.9% | 0.33% | +0.04 |
| NEE Nextera Energy Inc. | Add +71.6% | 0.10% | +0.04 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.4% | 1.15% | +0.04 |
| SCHW Schwab (charles) Corp. | Add +20.2% | 0.25% | +0.04 |
| EWG iShares MSCI Germany ETF | New | 0.04% | +0.04 |
| JPM JPMorgan Chase & Co. | Add +2.5% | 0.31% | +0.03 |
| EWM iShares MSCI Malaysia ETF | New | 0.03% | +0.03 |
| MSFT Microsoft Corp. | Add +0.1% | 0.84% | +0.03 |
| CPT Camden Property Trust | New | 0.03% | +0.03 |
| C Citigroup Inc. | Add +8.2% | 0.17% | +0.03 |
| GLW Corning Inc. | Add +49.2% | 0.10% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +1.8% | 0.29% | +0.03 |
| BWA Borgwarner Inc. | Add +190.6% | 0.04% | +0.03 |
| EWC iShares MSCI Canada ETF | Add +173.2% | 0.04% | +0.03 |
| GLD SPDR Gold Shares | Add +3.9% | 0.66% | +0.03 |
| EWU iShares MSCI United Kingdom | Add +238.1% | 0.04% | +0.02 |
| MKSI MKS Inc. | New | 0.02% | +0.02 |
| AXP American Express Co. | Add +2.3% | 0.17% | +0.02 |
| D Dominion Energy Inc. | Add +38.0% | 0.09% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +4.1% | 0.11% | +0.02 |
| IYE iShares U.S. Energy ETF | Add +7.8% | 0.20% | +0.02 |
| ICVT iShares Convertible Bond ETF | Add +8.0% | 1.05% | +0.02 |
| RTX RTX Corp. | Add +1.9% | 0.23% | +0.02 |
| SYK Stryker Corp. | Add +1.5% | 0.18% | +0.02 |
| QCOM Qualcomm Inc. | Add +16.1% | 0.10% | +0.02 |
| XOM Exxon Mobil Corp. | Add +0.4% | 0.25% | +0.02 |
| EWA iShares MSCI Australia ETF | Add +130.8% | 0.04% | +0.02 |
| BLV Vanguard Long-Term Bond ETF | Add +108.1% | 0.04% | +0.02 |
| ECL Ecolab Inc. | Add +0.4% | 0.22% | +0.02 |
| PEP Pepsico Inc. | Add +16.0% | 0.17% | +0.02 |
| IDA Idacorp Inc. | Add +92.1% | 0.04% | +0.01 |
Options Activity Q4 2023 → Q1 2024
| META Meta Platforms Inc. Class A | put | Reduce -44.4% | 5,000 | $2K |
| MAR Marriott International Class A | put | New | 3,000 | $757 |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Add +7.7% | 13,504 | $582K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 439 | $4.9B | SPY, IWR, IWM, VOO, IXUS |
| Q1 2026 | 471 | $4.6B | SPY, IWR, IWM, VOO, IXUS |
| Q4 2025 | 448 | $4.2B | SPY, IWR, IWM, VOO, IXUS |
| Q3 2025 | 446 | $4.1B | SPY, IWR, IWM, VOO, IXUS |
| Q2 2025 | 441 | $3.8B | SPY, IWR, IWM, VOO, IXUS |
| Q1 2025 | 436 | $3.6B | SPY, IWR, IWM, VOO, IXUS |
| Q4 2024 | 441 | $3.6B | SPY, IWR, IWM, LOW, VOO |
| Q3 2024 | 433 | $3.7B | SPY, IWR, IWM, LOW, IXUS |
| Q2 2024 | 437 | $3.7B | SPY, IWR, IWM, IXUS, BND |
| Q1 2024 | 421 | $3.4B | SPY, IWR, IWM, LOW, IXUS |