AMG National Trust Bank
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 7, 2025), AMG National Trust Bank reported 441 stock positions worth $3.6 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 10.0% of the portfolio, followed by iShares Russell Mid-Cap ETF (IWR, 9.3%) and iShares Russell 2000 ETF (IWM, 5.4%). Compared with Q3 2024, it opened 33 new positions, sold out of 25, added to 144 and reduced 203. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +18%) and the biggest sale iShares Core Intl Stock ETF (IXUS, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- GREENWOOD VILLAGE, CO
- CIK
- 0001388829
- Portfolio Value
- $3.6B (Q4 2024)
- SEC Filing
- 0001085146-25-000866 ↗ filed Feb 7, 2025
Holdings Value
Holdings 441 stocks · $3.6B
| SPY SS SPDR S&P 500 ETF Trust-US | 9.99% | 615,674 | $362.0M | Reduce -2.7% |
| IWR iShares Russell Mid-Cap ETF | 9.27% | 3,798,305 | $335.9M | Reduce -0.2% |
| IWM iShares Russell 2000 ETF | 5.42% | 890,840 | $196.6M | Reduce -2.6% |
| LOW Lowe's Cos Inc. | 2.96% | 434,285 | $107.2M | Reduce -0.0% |
| VOO Vanguard S&P 500 ETF | 2.93% | 196,617 | $106.4M | Add +18.4% |
| IXUS iShares Core Intl Stock ETF | 2.89% | 1,584,791 | $104.8M | Reduce -0.1% |
| BND Vanguard Total Bond Market | 2.72% | 1,369,900 | $98.7M | Add +0.6% |
| AAPL Apple Inc. | 2.28% | 329,305 | $82.6M | Reduce -1.3% |
| IWB iShares Russell 1000 ETF | 2.23% | 249,903 | $80.8M | Reduce -2.6% |
| VTI VG Morningstar TS MKT ETF-US | 2.22% | 276,967 | $80.5M | Reduce -0.3% |
| IVV iShares Core S&P 500 ETF | 2.17% | 133,782 | $78.8M | Add +1.0% |
| BALL Ball Corp. | 2.11% | 1,388,227 | $76.3M | Add +13.2% |
| EFA iShares MSCI Eafe ETF | 1.57% | 750,384 | $56.7M | Reduce -4.0% |
| IWF iShares Russell 1000 Growth | 1.56% | 139,357 | $56.4M | Reduce -0.4% |
| IEFA iShares Core MSCI Eafe ETF | 1.51% | 777,876 | $54.7M | Add +3.3% |
| IWN iShares Russell 2000 Value E | 1.31% | 289,605 | $47.4M | Reduce -4.4% |
| QQQ Invesco QQQ Trust Series 1 | 1.27% | 89,368 | $46.1M | Reduce -0.5% |
| IWS iShares Russell Mid-Cap Valu | 1.24% | 349,331 | $45.1M | Reduce -1.9% |
| VXUS Vanguard Total Intl Stock | 1.16% | 710,062 | $41.9M | Reduce -1.6% |
| ICVT iShares Convertible Bond ETF | 1.13% | 479,822 | $40.8M | Reduce -0.2% |
| IWP iShares Russell Mid-Cap Grow | 1.13% | 319,992 | $40.8M | Add +0.3% |
| DVY iShares Select Dividend ETF | 1.07% | 295,675 | $38.7M | Add +0.6% |
| ACWX iShares MSCI Acwi Ex US ETF | 1.05% | 731,310 | $38.2M | Reduce -3.0% |
| HD Home Depot Inc. | 0.96% | 89,825 | $35.0M | Reduce -2.0% |
| MSFT Microsoft Corp. | 0.83% | 71,445 | $30.2M | Add +1.0% |
| VFC VF Corp. | 0.83% | 1,400,075 | $30.0M | Reduce -3.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.81% | 121,942 | $29.3M | Add +2.6% |
| AMZN Amazon.com Inc. | 0.78% | 127,273 | $28.1M | Add +1.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.76% | 104,638 | $27.6M | Add +10.7% |
| GLD SPDR Gold Shares | 0.72% | 107,973 | $26.0M | Reduce -0.4% |
| IWD iShares Russell 1000 Value E | 0.69% | 135,574 | $25.0M | Reduce -1.5% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.65% | 33 | $23.7M | No change |
| GPK Graphic Packaging Holding Co. | 0.63% | 843,319 | $22.9M | No change |
| VIG Vanguard Dividend Apprec ETF | 0.60% | 111,053 | $21.7M | Add +1.1% |
| MUB iShares National Muni Bond E | 0.57% | 193,241 | $20.6M | Reduce -2.4% |
| DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE | 0.55% | 46,848 | $19.9M | Reduce -0.9% |
| ICF iShares Select U.S. REIT ETF | 0.53% | 322,093 | $19.2M | Add +1.1% |
| IWO iShares Russell 2000 Growth | 0.49% | 62,171 | $17.9M | Reduce -3.9% |
| TAP Molson Coors Beverage Co. Class B | 0.49% | 315,038 | $17.9M | No change |
| GNR State Street SPDR S&P Global | 0.49% | 362,805 | $17.9M | Add +10.6% |
| KTB Kontoor Brands Inc. | 0.45% | 191,983 | $16.4M | Reduce -36.6% |
| VCLT Vanguard Long-Term Corp. Bond | 0.41% | 196,940 | $14.8M | Add +1.9% |
| IAU iShares Gold Trust | 0.40% | 296,011 | $14.6M | Add +1.3% |
| VTIP Vanguard Short-Term Tips | 0.39% | 291,236 | $14.1M | Add +11.6% |
| XLK SS Technology Select Sector | 0.39% | 60,035 | $14.0M | Add +0.7% |
| NVDA Nvidia Corp. | 0.37% | 100,343 | $13.5M | Reduce -6.8% |
| SIVR Abrdn Physical Silver Shares | 0.37% | 485,523 | $13.4M | Add +13.7% |
| HRL Hormel Foods Corp. | 0.37% | 424,643 | $13.2M | Reduce -0.1% |
| GOOG Alphabet Inc. Class C | 0.35% | 66,925 | $12.8M | Add +1.6% |
| JPM JPMorgan Chase & Co. | 0.35% | 52,892 | $12.7M | Reduce -2.0% |
| IJH iShares Core S&P Midcap ETF | 0.33% | 191,521 | $11.9M | Reduce -0.6% |
| SLV iShares Silver Trust | 0.32% | 439,779 | $11.6M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 0.32% | 61,244 | $11.6M | Reduce -2.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.31% | 23,799 | $11.2M | Add +2.4% |
| PFF iShares Preferred & Income S | 0.30% | 344,270 | $10.8M | Add +4.5% |
| JNJ Johnson & Johnson | 0.29% | 73,334 | $10.6M | Reduce -11.1% |
| VEU Vanguard Ftse All-World Ex-U | 0.28% | 179,836 | $10.3M | Add +0.4% |
| CWB SS SPDR BB Conv Sec ETF | 0.27% | 123,376 | $9.6M | Reduce -1.8% |
| RTX RTX Corp. | 0.26% | 81,922 | $9.5M | Add +0.2% |
| VYM Vanguard High DVD Yield ETF | 0.25% | 72,526 | $9.2M | Add +0.3% |
| ESGV Vanguard ESG US Stock ETF | 0.24% | 84,236 | $8.9M | Add +2.9% |
| ECL Ecolab Inc. | 0.24% | 37,617 | $8.8M | Add +16.0% |
| CVX Chevron Corp. | 0.24% | 60,372 | $8.7M | Add +56.0% |
| PG The Procter & Gamble Co. | 0.23% | 50,015 | $8.4M | Reduce -2.2% |
| IEMG iShares Core MSCI Emerging | 0.23% | 159,971 | $8.4M | Reduce -1.0% |
| XLF SS Financial Select Sector | 0.23% | 170,911 | $8.3M | Add +1.2% |
| LLY Eli Lilly & Co. | 0.23% | 10,678 | $8.2M | Reduce -6.5% |
| PFG Principal Financial Group | 0.23% | 105,583 | $8.2M | Reduce -2.9% |
| XOM Exxon Mobil Corp. | 0.22% | 75,727 | $8.1M | Reduce -0.7% |
| KO The Coca-Cola Co. | 0.22% | 127,177 | $7.9M | Reduce -2.2% |
| META Meta Platforms Inc. Class A | 0.21% | 13,178 | $7.7M | Add +3.6% |
| GVI iShares Intermediate Governm | 0.21% | 73,222 | $7.6M | Reduce -3.0% |
| AXP American Express Co. | 0.21% | 25,663 | $7.6M | Add +0.2% |
| UNH Unitedhealth Group Inc. | 0.21% | 14,929 | $7.6M | Reduce -15.5% |
| VTWO Vanguard Russell 2000 ETF | 0.20% | 83,140 | $7.4M | New |
| MSCI MSCI Inc. | 0.19% | 11,771 | $7.1M | Reduce -1.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.19% | 57,406 | $6.9M | Reduce -0.0% |
| EZU iShares MSCI Eurozone ETF | 0.19% | 146,321 | $6.9M | Reduce -0.8% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 122,134 | $6.9M | Reduce -0.2% |
| TFC Truist Financial Corp. | 0.18% | 154,640 | $6.7M | Add +0.0% |
| ORCL Oracle Corp. | 0.18% | 39,420 | $6.6M | Reduce -3.7% |
| IYE iShares U.S. Energy ETF | 0.17% | 140,958 | $6.3M | Reduce -3.9% |
| C Citigroup Inc. | 0.17% | 89,449 | $6.3M | Reduce -2.4% |
| GILD Gilead Sciences Inc. | 0.17% | 66,909 | $6.2M | Reduce -0.1% |
| VZ Verizon Communications Inc. | 0.17% | 155,172 | $6.2M | Reduce -0.7% |
| KVUE Kenvue Inc. | 0.16% | 280,038 | $5.9M | Reduce -0.0% |
| SCHW Schwab (charles) Corp. | 0.16% | 79,393 | $5.9M | Reduce -1.4% |
| WMT Walmart Inc. | 0.16% | 64,587 | $5.8M | Add +1.6% |
| IEF iShares 7-10 Year Treasury B | 0.16% | 61,011 | $5.6M | Add +47.0% |
| WBD Warner Bros Discovery Inc. | 0.16% | 535,602 | $5.6M | Add +28.1% |
| SYK Stryker Corp. | 0.15% | 15,548 | $5.6M | Reduce -7.8% |
| H Hyatt Hotels Corp. Class A | 0.15% | 34,642 | $5.5M | Reduce -31.9% |
| TSM Taiwan Semiconductor-SP ADR | 0.15% | 27,116 | $5.4M | Add +0.3% |
| IEI iShares 3-7 Year Treasury Bo | 0.15% | 45,606 | $5.3M | Add +3.5% |
| SHV iShares 0-1 Year Treasury Bo | 0.14% | 47,157 | $5.2M | Add +6.6% |
| V Visa Inc. Class A | 0.14% | 15,891 | $5.0M | Reduce -1.3% |
| FDX FedEx Corp. | 0.14% | 17,650 | $5.0M | Add +0.8% |
| USB US Bancorp | 0.14% | 101,813 | $4.9M | Reduce -0.8% |
| AVGO Broadcom Inc. | 0.13% | 20,789 | $4.8M | Add +7.0% |
| PEP Pepsico Inc. | 0.13% | 31,631 | $4.8M | Reduce -12.5% |
Options reported separately and not counted above: AAPL puts ($10.0M), META puts ($2.9M), CARR puts ($2.0M), MAR puts ($837K), NVDA puts ($671K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $358K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 13,513 | $358K | Reduce -0.2% |
Total filed on the 13F, all lines: $3.6B.
Portfolio Sells Q3 2024 → Q4 2024
| IXUS iShares Core Intl Stock ETF | Reduce -0.1% | 2.89% | −0.23 |
| LOW Lowe's Cos Inc. | Reduce -0.0% | 2.96% | −0.23 |
| KTB Kontoor Brands Inc. | Reduce -36.6% | 0.45% | −0.22 |
| EFA iShares MSCI Eafe ETF | Reduce -4.0% | 1.57% | −0.20 |
| IBDP iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.18 |
| ACWX iShares MSCI Acwi Ex US ETF | Reduce -3.0% | 1.05% | −0.11 |
| VXUS Vanguard Total Intl Stock | Reduce -1.6% | 1.16% | −0.11 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.07 |
| CVS CVS Health Corp. | Reduce -12.4% | 0.12% | −0.07 |
| UNH Unitedhealth Group Inc. | Reduce -15.5% | 0.21% | −0.07 |
| JNJ Johnson & Johnson | Reduce -11.1% | 0.29% | −0.07 |
| IWN iShares Russell 2000 Value E | Reduce -4.4% | 1.31% | −0.06 |
| H Hyatt Hotels Corp. Class A | Reduce -31.9% | 0.15% | −0.06 |
| ELAN Elanco Animal Health Inc. | Sold out | 0.00% | −0.05 |
| BCS Barclays PLC-Spons ADR | Reduce -53.0% | 0.06% | −0.05 |
| NEM Newmont Corp. | Reduce -9.8% | 0.09% | −0.05 |
| BAX Baxter International Inc. | Reduce -16.0% | 0.09% | −0.05 |
| IWM iShares Russell 2000 ETF | Reduce -2.6% | 5.42% | −0.05 |
| LLY Eli Lilly & Co. | Reduce -6.5% | 0.23% | −0.05 |
| SEDG Solaredge Technologies Inc. | Reduce -0.0% | 0.07% | −0.04 |
| GEHC GE Healthcare Technology | Sold out | 0.00% | −0.04 |
| HTB Hometrust Bancshares Inc. | Reduce -74.1% | 0.02% | −0.04 |
| PUK Prudential PLC-ADR | Reduce -50.3% | 0.03% | −0.04 |
| HD Home Depot Inc. | Reduce -2.0% | 0.96% | −0.04 |
| MGY Magnolia Oil & Gas Corp. Class A | Sold out | 0.00% | −0.04 |
| CG The Carlyle Group Inc. | Reduce -64.7% | 0.03% | −0.04 |
| IPG Interpublic Group of Cos Inc. | Sold out | 0.00% | −0.04 |
| KO The Coca-Cola Co. | Reduce -2.2% | 0.22% | −0.03 |
| PEP Pepsico Inc. | Reduce -12.5% | 0.13% | −0.03 |
| EOG EOG Resources Inc. | Reduce -70.7% | 0.01% | −0.03 |
| IWS iShares Russell Mid-Cap Valu | Reduce -1.9% | 1.24% | −0.03 |
| IBMM iShares Ibonds Dec 2024 Term | Sold out | 0.00% | −0.03 |
| DHR Danaher Corp. | Reduce -3.6% | 0.13% | −0.03 |
| P Everpure Inc. Class A | Sold out | 0.00% | −0.03 |
| PFG Principal Financial Group | Reduce -2.9% | 0.23% | −0.03 |
| ALL Allstate Corp. | Reduce -36.2% | 0.05% | −0.02 |
| BWA Borgwarner Inc. | Reduce -51.2% | 0.02% | −0.02 |
| BTI British American Tob-SP ADR | Reduce -28.8% | 0.06% | −0.02 |
| OXY Occidental Petroleum Corp. | Reduce -13.4% | 0.11% | −0.02 |
| ESAB Esab Corp. | Reduce -54.1% | 0.02% | −0.02 |
| GSK GSK PLC-Spon ADR | Reduce -22.2% | 0.04% | −0.02 |
| CSX CSX Corp. | Reduce -18.9% | 0.07% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -0.6% | 0.13% | −0.02 |
| BABA Alibaba Group Holding-SP ADR | Reduce -0.8% | 0.08% | −0.02 |
| IEMG iShares Core MSCI Emerging | Reduce -1.0% | 0.23% | −0.02 |
| VZ Verizon Communications Inc. | Reduce -0.7% | 0.17% | −0.02 |
| OEF iShares S&P 100 ETF | Reduce -29.1% | 0.06% | −0.02 |
| GE General Electric | Reduce -31.2% | 0.03% | −0.02 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -51.7% | 0.01% | −0.02 |
| EZU iShares MSCI Eurozone ETF | Reduce -0.8% | 0.19% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| VOO Vanguard S&P 500 ETF | Add +18.4% | 2.93% | +0.56 |
| VTWO Vanguard Russell 2000 ETF | New | 0.20% | +0.20 |
| AMZN Amazon.com Inc. | Add +1.4% | 0.78% | +0.14 |
| IWP iShares Russell Mid-Cap Grow | Add +0.3% | 1.13% | +0.11 |
| IVV iShares Core S&P 500 ETF | Add +1.0% | 2.17% | +0.11 |
| ZBH Zimmer Biomet Holdings Inc. | New | 0.10% | +0.10 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +10.7% | 0.76% | +0.09 |
| CVX Chevron Corp. | Add +56.0% | 0.24% | +0.09 |
| TSN Tyson Foods Inc. Class A | New | 0.08% | +0.08 |
| WBD Warner Bros Discovery Inc. | Add +28.1% | 0.16% | +0.06 |
| GOOG Alphabet Inc. Class C | Add +1.6% | 0.35% | +0.05 |
| IEF iShares 7-10 Year Treasury B | Add +47.0% | 0.16% | +0.05 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +2.6% | 0.81% | +0.04 |
| TTC Toro Co. | New | 0.04% | +0.04 |
| WHR Whirlpool Corp. | New | 0.04% | +0.04 |
| AVGO Broadcom Inc. | Add +7.0% | 0.13% | +0.04 |
| HUM Humana Inc. | New | 0.04% | +0.04 |
| CNXC Concentrix Corp. | New | 0.04% | +0.04 |
| VTIP Vanguard Short-Term Tips | Add +11.6% | 0.39% | +0.04 |
| CLF Cleveland-Cliffs Inc. | New | 0.04% | +0.04 |
| KEY Keycorp | Add +101.5% | 0.06% | +0.03 |
| VTWV Vanguard Russell 2000 Value | New | 0.03% | +0.03 |
| VTWG Vanguard Russell 2000 Growth | New | 0.03% | +0.03 |
| SHG Shinhan Financial Group-ADR | New | 0.03% | +0.03 |
| LYB Lyondellbasell Indu Class A | New | 0.03% | +0.03 |
| SIVR Abrdn Physical Silver Shares | Add +13.7% | 0.37% | +0.03 |
| RRC Range Resources Corp. | Add +36.3% | 0.06% | +0.02 |
| SCHP Schwab U.S. Tips ETF | New | 0.02% | +0.02 |
| AXP American Express Co. | Add +0.2% | 0.21% | +0.02 |
| XLK SS Technology Select Sector | Add +0.7% | 0.39% | +0.02 |
| WMT Walmart Inc. | Add +1.6% | 0.16% | +0.02 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.3% | 0.15% | +0.02 |
| IBDQ iShares Ibonds Dec 2025 Term | Add +40.3% | 0.07% | +0.02 |
| HAE Haemonetics Corp. | New | 0.02% | +0.02 |
| SLB SLB Ltd. | Add +290.3% | 0.03% | +0.02 |
| XLF SS Financial Select Sector | Add +1.2% | 0.23% | +0.02 |
| DOCU Docusign Inc. | Add +0.4% | 0.06% | +0.02 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.4% | 0.31% | +0.02 |
| HUN Huntsman Corp. | New | 0.02% | +0.02 |
| ESGV Vanguard ESG US Stock ETF | Add +2.9% | 0.24% | +0.02 |
| ECL Ecolab Inc. | Add +16.0% | 0.24% | +0.02 |
| TSLA Tesla Inc. | Add +0.9% | 0.05% | +0.02 |
| BLK BlackRock Inc. | New | 0.02% | +0.02 |
| FHN First Horizon Corp. | Add +11.3% | 0.06% | +0.02 |
| USHY iShares Broad Usd High Yield | New | 0.02% | +0.02 |
| META Meta Platforms Inc. Class A | Add +3.6% | 0.21% | +0.02 |
| VONV Vanguard Russell 1000 Value | Add +291.9% | 0.02% | +0.02 |
| TMUS T-Mobile US Inc. | Add +11.0% | 0.09% | +0.02 |
| NFLX Netflix Inc. | Add +0.9% | 0.06% | +0.01 |
| NMRA Neumora Therapeutics Inc. | New | 0.01% | +0.01 |
Options Activity Q3 2024 → Q4 2024
| RTX RTX Corp. | put | Reduce -100.0% | 0 | $0 |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Reduce -0.2% | 13,513 | $358K |
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 |