AMG National Trust Bank
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 4, 2026), AMG National Trust Bank reported 471 stock positions worth $4.6 billion. Its top holding was SS SPDR S&P 500 ETF Trust-US (SPY) at 9.0% of the portfolio, followed by iShares Russell Mid-Cap ETF (IWR, 8.2%) and iShares Russell 2000 ETF (IWM, 4.6%). Compared with Q4 2025, it opened 44 new positions, sold out of 21, added to 283 and reduced 98. The biggest buy was PNC Financial Services (PNC, shares +2047%) and the biggest sale Abrdn Physical Silver Shares (SIVR, shares −37%).
- Most Recent 13F
- Q2 2026
- Location
- GREENWOOD VILLAGE, CO
- CIK
- 0001388829
- Portfolio Value
- $4.6B (Q1 2026)
- SEC Filing
- 0001388829-26-000002 ↗ filed May 4, 2026
Holdings Value
Holdings 471 stocks · $4.6B
| SPY SS SPDR S&P 500 ETF Trust-US | 9.01% | 637,970 | $414.9M | Add +8.6% |
| IWR iShares Russell Mid-Cap ETF | 8.21% | 3,889,097 | $378.1M | Add +2.0% |
| IWM iShares Russell 2000 ETF | 4.63% | 860,460 | $213.4M | Add +4.6% |
| VOO Vanguard S&P 500 ETF | 4.43% | 341,293 | $203.9M | Add +7.8% |
| IXUS iShares Core Intl Stock ETF | 3.24% | 1,722,589 | $149.2M | Add +6.9% |
| BND Vanguard Total Bond Market | 2.53% | 1,583,689 | $116.6M | Add +10.4% |
| IVV iShares Core S&P 500 ETF | 2.33% | 164,330 | $107.3M | Add +26.5% |
| LOW Lowe's Cos Inc. | 2.26% | 439,558 | $103.9M | Add +2.6% |
| AAPL Apple Inc. | 2.19% | 396,465 | $100.6M | Add +19.5% |
| VTI VG Morningstar TS MKT ETF-US | 2.02% | 290,404 | $93.2M | Add +5.2% |
| IWB iShares Russell 1000 ETF | 2.01% | 260,127 | $92.8M | Add +8.4% |
| IEFA iShares Core MSCI Eafe ETF | 1.88% | 956,091 | $86.6M | Add +10.1% |
| EFA iShares MSCI Eafe ETF | 1.60% | 757,575 | $73.6M | Add +7.8% |
| VXUS Vanguard Total Intl Stock | 1.57% | 939,954 | $72.5M | Add +10.9% |
| BALL Ball Corp. | 1.50% | 1,168,718 | $69.1M | Add +0.7% |
| ICVT iShares Convertible Bond ETF | 1.25% | 565,061 | $57.5M | Add +7.4% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.24% | 199,553 | $57.3M | Add +16.0% |
| IWF iShares Russell 1000 Growth | 1.21% | 130,501 | $55.6M | Add +2.5% |
| VTWO Vanguard Russell 2000 ETF | 1.17% | 537,549 | $53.8M | Add +28.7% |
| GNR State Street SPDR S&P Global | 1.16% | 716,030 | $53.5M | Add +8.3% |
| QQQ Invesco QQQ Trust Series 1 | 1.11% | 88,496 | $51.1M | Add +3.3% |
| ACWX iShares MSCI Acwi Ex US ETF | 1.04% | 696,635 | $47.7M | Add +0.1% |
| DVY iShares Select Dividend ETF | 1.03% | 313,946 | $47.5M | Add +2.9% |
| IWS iShares Russell Mid-Cap Valu | 1.00% | 315,369 | $46.0M | Reduce -1.3% |
| IWN iShares Russell 2000 Value E | 0.98% | 237,810 | $45.1M | Reduce -2.4% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.95% | 167,650 | $43.9M | Add +13.7% |
| IWP iShares Russell Mid-Cap Grow | 0.94% | 337,497 | $43.2M | Add +4.7% |
| GLD SPDR Gold Shares | 0.91% | 97,887 | $42.1M | Reduce -1.5% |
| VIG Vanguard Dividend Apprec ETF | 0.80% | 170,935 | $36.8M | Add +11.6% |
| HD Home Depot Inc. | 0.73% | 101,968 | $33.5M | Add +4.1% |
| MSFT Microsoft Corp. | 0.66% | 82,342 | $30.5M | Add +15.7% |
| IWD iShares Russell 1000 Value E | 0.61% | 130,652 | $27.9M | Add +3.5% |
| SIVR Abrdn Physical Silver Shares | 0.60% | 388,864 | $27.8M | Reduce -36.6% |
| AMZN Amazon.com Inc. | 0.60% | 133,345 | $27.8M | Add +4.8% |
| PNC PNC Financial Services Group | 0.60% | 131,880 | $27.4M | Add +2047.2% |
| IAU iShares Gold Trust | 0.58% | 302,605 | $26.7M | Add +2.0% |
| SLV iShares Silver Trust | 0.52% | 352,283 | $24.0M | Reduce -11.4% |
| XLK SS Technology Select Sector | 0.51% | 177,508 | $23.6M | Add +48.1% |
| GOOG Alphabet Inc. Class C | 0.50% | 80,972 | $23.2M | Add +17.6% |
| JPM JPMorgan Chase & Co. | 0.50% | 78,306 | $23.0M | Add +16.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.50% | 32 | $23.0M | Reduce -3.0% |
| DIA SS SPDR Dow Jones Indus Avg filed as STATE STR SPDR DOW JONES IND | 0.45% | 45,225 | $20.9M | Add +2.5% |
| JNJ Johnson & Johnson | 0.45% | 84,818 | $20.7M | Add +19.1% |
| ICF iShares Select U.S. REIT ETF | 0.45% | 333,721 | $20.7M | Add +1.4% |
| GOOGL Alphabet Inc. Class A | 0.43% | 68,484 | $19.7M | Add +9.7% |
| MUB iShares National Muni Bond E | 0.41% | 176,705 | $18.8M | Add +32.7% |
| NVDA Nvidia Corp. | 0.39% | 103,237 | $18.0M | Add +5.5% |
| VFC VF Corp. | 0.36% | 983,692 | $16.7M | Reduce -0.1% |
| XOM Exxon Mobil Corp. | 0.36% | 98,084 | $16.6M | Add +17.4% |
| IWO iShares Russell 2000 Growth | 0.36% | 52,539 | $16.5M | Reduce -0.1% |
| CVX Chevron Corp. | 0.34% | 75,786 | $15.7M | Add +4.0% |
| IJH iShares Core S&P Midcap ETF | 0.33% | 225,836 | $15.3M | Add +25.5% |
| IEMG iShares Core MSCI Emerging | 0.33% | 217,489 | $15.2M | Add +25.9% |
| VEU Vanguard Ftse All-World Ex-U | 0.33% | 199,451 | $15.0M | Add +8.5% |
| RTX RTX Corp. | 0.32% | 76,670 | $14.8M | Add +8.8% |
| TAP Molson Coors Beverage Co. Class B | 0.30% | 325,496 | $14.0M | Add +3.5% |
| KO The Coca-Cola Co. | 0.30% | 181,673 | $13.8M | Add +39.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.28% | 27,237 | $13.1M | Add +29.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.28% | 38,020 | $12.8M | Add +34.7% |
| SHV iShares 0-1 Year Treasury Bo | 0.28% | 115,953 | $12.8M | Add +25.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.27% | 78,812 | $12.6M | Add +39.6% |
| PFG Principal Financial Group | 0.27% | 138,056 | $12.4M | Add +2.1% |
| CWB SS SPDR BB Conv Sec ETF | 0.27% | 133,926 | $12.3M | Add +5.8% |
| VCLT Vanguard Long-Term Corp. Bond | 0.25% | 154,420 | $11.5M | Reduce -7.9% |
| IEF iShares 7-10 Year Treasury B | 0.25% | 119,363 | $11.4M | Add +80.1% |
| VYM Vanguard High DVD Yield ETF | 0.25% | 76,449 | $11.3M | Add +3.5% |
| MRK Merck & Co. Inc. | 0.24% | 93,104 | $11.2M | Add +2.9% |
| IEI iShares 3-7 Year Treasury Bo | 0.24% | 92,663 | $11.0M | Add +90.6% |
| VTIP Vanguard Short-Term Tips | 0.23% | 216,131 | $10.8M | Reduce -8.7% |
| LLY Eli Lilly & Co. | 0.23% | 11,646 | $10.7M | Add +1.0% |
| WMT Walmart Inc. | 0.23% | 85,075 | $10.6M | Add +22.1% |
| XLF SS Financial Select Sector | 0.23% | 211,038 | $10.4M | Add +36.7% |
| AXP American Express Co. | 0.21% | 32,591 | $9.9M | Add +28.3% |
| ESGV Vanguard ESG US Stock ETF | 0.21% | 87,266 | $9.8M | Add +6.3% |
| C Citigroup Inc. | 0.21% | 83,306 | $9.4M | Reduce -2.0% |
| SCHW Schwab (charles) Corp. | 0.20% | 100,178 | $9.4M | Add +4.3% |
| KTB Kontoor Brands Inc. | 0.20% | 131,886 | $9.3M | Reduce -18.9% |
| PFF iShares Preferred & Income S | 0.20% | 299,020 | $9.1M | Reduce -0.2% |
| GILD Gilead Sciences Inc. | 0.20% | 65,010 | $9.1M | Add +2.5% |
| VZ Verizon Communications Inc. | 0.19% | 173,816 | $8.7M | Add +3.4% |
| MDY State Street SPDR S&P Midcap | 0.18% | 13,814 | $8.5M | Add +63.4% |
| PG The Procter & Gamble Co. | 0.18% | 58,370 | $8.4M | Add +17.1% |
| GPK Graphic Packaging Holding Co. | 0.18% | 842,953 | $8.4M | No change |
| CVS CVS Health Corp. | 0.18% | 115,537 | $8.3M | Add +6.0% |
| BNDX Vanguard Total Intl Bond ETF | 0.18% | 171,632 | $8.2M | Reduce -3.9% |
| TXN Texas Instruments Inc. | 0.18% | 42,374 | $8.2M | Add +86.3% |
| EZU iShares MSCI Eurozone ETF | 0.18% | 130,373 | $8.2M | Reduce -0.6% |
| VTWV Vanguard Russell 2000 Value | 0.18% | 48,749 | $8.2M | Add +9.0% |
| GVI iShares Intermediate Governm | 0.17% | 73,086 | $7.8M | Add +11.5% |
| META Meta Platforms Inc. Class A | 0.17% | 13,532 | $7.7M | Add +10.8% |
| VTWG Vanguard Russell 2000 Growth | 0.17% | 33,690 | $7.7M | Add +71.7% |
| HRL Hormel Foods Corp. | 0.17% | 337,932 | $7.7M | Reduce -4.2% |
| CE Celanese Corp. | 0.16% | 114,948 | $7.6M | Add +1.6% |
| ORCL Oracle Corp. | 0.16% | 51,247 | $7.5M | Add +28.8% |
| ECL Ecolab Inc. | 0.16% | 27,523 | $7.3M | Reduce -2.5% |
| VONG Vanguard Russell 1000 Growth | 0.15% | 64,245 | $7.0M | Add +23.7% |
| IYE iShares U.S. Energy ETF | 0.15% | 107,358 | $7.0M | Add +1.6% |
| PEP Pepsico Inc. | 0.15% | 43,678 | $6.8M | Add +21.1% |
| LHX L3HARRIS Technologies Inc. | 0.14% | 19,051 | $6.6M | Reduce -10.9% |
| AVGO Broadcom Inc. | 0.14% | 21,170 | $6.6M | Add +9.1% |
Options reported separately and not counted above: RTX puts ($5.8M), NVDA puts ($1.3M), MAR puts ($981K), UNH puts ($406K).
Other holdings (1): bonds, preferreds, convertibles and warrants · $577K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | 13,447 | $577K | Add +0.0% |
Total filed on the 13F, all lines: $4.6B.
Portfolio Sells Q4 2025 → Q1 2026
| SIVR Abrdn Physical Silver Shares | Reduce -36.6% | 0.60% | −0.37 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.11 |
| BRK.A Berkshire Hathaway Inc. Class A | Reduce -3.0% | 0.50% | −0.09 |
| MGA Magna International Inc. | Sold out | 0.00% | −0.09 |
| SLV iShares Silver Trust | Reduce -11.4% | 0.52% | −0.08 |
| CRM Salesforce Inc. | Reduce -51.6% | 0.03% | −0.07 |
| IWS iShares Russell Mid-Cap Valu | Reduce -1.3% | 1.00% | −0.06 |
| CLF Cleveland-Cliffs Inc. | Sold out | 0.00% | −0.06 |
| IWN iShares Russell 2000 Value E | Reduce -2.4% | 0.98% | −0.06 |
| HUM Humana Inc. | Sold out | 0.00% | −0.06 |
| VFC VF Corp. | Reduce -0.1% | 0.36% | −0.06 |
| DK Delek US Holdings Inc. | Sold out | 0.00% | −0.05 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -7.9% | 0.25% | −0.05 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.05 |
| KEY Keycorp | Sold out | 0.00% | −0.04 |
| IWO iShares Russell 2000 Growth | Reduce -0.1% | 0.36% | −0.04 |
| VTIP Vanguard Short-Term Tips | Reduce -8.7% | 0.23% | −0.04 |
| SUI Sun Communities Inc. | Sold out | 0.00% | −0.04 |
| AVTR Avantor Inc. | Sold out | 0.00% | −0.04 |
| DEO Diageo PLC-Sponsored ADR | Sold out | 0.00% | −0.03 |
| KTB Kontoor Brands Inc. | Reduce -18.9% | 0.20% | −0.03 |
| HRL Hormel Foods Corp. | Reduce -4.2% | 0.17% | −0.03 |
| UNH Unitedhealth Group Inc. | Reduce -2.9% | 0.08% | −0.03 |
| XYL Xylem Inc. | Reduce -0.1% | 0.12% | −0.03 |
| C Citigroup Inc. | Reduce -2.0% | 0.21% | −0.03 |
| SF Stifel Financial Corp. | Sold out | 0.00% | −0.03 |
| ADBE Adobe Inc. | Reduce -75.4% | 0.01% | −0.03 |
| DOCU Docusign Inc. | Sold out | 0.00% | −0.02 |
| BNDX Vanguard Total Intl Bond ETF | Reduce -3.9% | 0.18% | −0.02 |
| PFF iShares Preferred & Income S | Reduce -0.2% | 0.20% | −0.02 |
| PYPL PayPal Holdings Inc. | Reduce -69.9% | 0.01% | −0.02 |
| EZU iShares MSCI Eurozone ETF | Reduce -0.6% | 0.18% | −0.02 |
| H Hyatt Hotels Corp. Class A | Reduce -14.2% | 0.05% | −0.02 |
| ACN Accenture PLC Class A | Reduce -19.7% | 0.02% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -4.8% | 0.10% | −0.02 |
| NEM Newmont Corp. | Reduce -53.8% | 0.01% | −0.02 |
| PUK Prudential PLC-ADR | Reduce -0.0% | 0.08% | −0.02 |
| ECL Ecolab Inc. | Reduce -2.5% | 0.16% | −0.02 |
| GLD SPDR Gold Shares | Reduce -1.5% | 0.91% | −0.01 |
| DHI D.R. Horton Inc. | Reduce -23.4% | 0.02% | −0.01 |
| UHS Universal Health Services-B | Reduce -0.3% | 0.04% | −0.01 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -5.8% | 0.07% | −0.01 |
| REGN Regeneron Pharmaceuticals | Reduce -2.9% | 0.09% | −0.01 |
| ISRG Intuitive Surgical Inc. | Reduce -8.3% | 0.02% | −0.01 |
| LAZ Lazard Inc. | Reduce -2.6% | 0.04% | −0.01 |
| BLK BlackRock Inc. | Reduce -15.5% | 0.02% | −0.01 |
| UBER Uber Technologies Inc. | Reduce -43.5% | 0.01% | −0.01 |
| BLV Vanguard Long-Term Bond ETF | Reduce -9.3% | 0.05% | −0.01 |
| AGNT Agnt Inc. | Reduce -1.0% | 0.01% | −0.01 |
| AAP Advance Auto Parts Inc. | Reduce -41.8% | 0.02% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| PNC PNC Financial Services Group | Add +2047.2% | 0.60% | +0.57 |
| IVV iShares Core S&P 500 ETF | Add +26.5% | 2.33% | +0.23 |
| GNR State Street SPDR S&P Global | Add +8.3% | 1.16% | +0.19 |
| VTWO Vanguard Russell 2000 ETF | Add +28.7% | 1.17% | +0.19 |
| XOM Exxon Mobil Corp. | Add +17.4% | 0.36% | +0.12 |
| XLK SS Technology Select Sector | Add +48.1% | 0.51% | +0.11 |
| JNJ Johnson & Johnson | Add +19.1% | 0.45% | +0.10 |
| IEI iShares 3-7 Year Treasury Bo | Add +90.6% | 0.24% | +0.10 |
| IEF iShares 7-10 Year Treasury B | Add +80.1% | 0.25% | +0.10 |
| INTU Intuit Inc. | Add +956.5% | 0.11% | +0.10 |
| KO The Coca-Cola Co. | Add +39.7% | 0.30% | +0.09 |
| TXN Texas Instruments Inc. | Add +86.3% | 0.18% | +0.09 |
| SJM The JM Smucker Co. | New | 0.08% | +0.08 |
| CVX Chevron Corp. | Add +4.0% | 0.34% | +0.08 |
| TSM Taiwan Semiconductor-SP ADR | Add +34.7% | 0.28% | +0.08 |
| MUB iShares National Muni Bond E | Add +32.7% | 0.41% | +0.07 |
| TJX TJX Companies Inc. | Add +39.6% | 0.27% | +0.07 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +16.0% | 1.24% | +0.07 |
| VXUS Vanguard Total Intl Stock | Add +10.9% | 1.57% | +0.07 |
| MDY State Street SPDR S&P Midcap | Add +63.4% | 0.18% | +0.06 |
| BDX Becton Dickinson and Co. | New | 0.06% | +0.06 |
| SNY Sanofi-ADR | New | 0.06% | +0.06 |
| AAPL Apple Inc. | Add +19.5% | 2.19% | +0.06 |
| VTWG Vanguard Russell 2000 Growth | Add +71.7% | 0.17% | +0.06 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +13.7% | 0.95% | +0.06 |
| IEMG iShares Core MSCI Emerging | Add +25.9% | 0.33% | +0.06 |
| SUNB Sunbelt Rentals Holdings Inc. | New | 0.05% | +0.05 |
| CE Celanese Corp. | Add +1.6% | 0.16% | +0.05 |
| BALL Ball Corp. | Add +0.7% | 1.50% | +0.05 |
| IJH iShares Core S&P Midcap ETF | Add +25.5% | 0.33% | +0.05 |
| IEFA iShares Core MSCI Eafe ETF | Add +10.1% | 1.88% | +0.05 |
| FTAI Ftai Aviation Ltd. | New | 0.05% | +0.05 |
| EFG iShares MSCI Eafe Growth ETF | Add +134.3% | 0.09% | +0.05 |
| WMT Walmart Inc. | Add +22.1% | 0.23% | +0.05 |
| WHD Cactus Inc. Class A | New | 0.04% | +0.04 |
| HR Healthcare Realty Trust Inc. | New | 0.04% | +0.04 |
| COO The Cooper Cos Inc. | New | 0.04% | +0.04 |
| SHV iShares 0-1 Year Treasury Bo | Add +25.6% | 0.28% | +0.04 |
| CAT Caterpillar Inc. | Add +24.6% | 0.13% | +0.04 |
| DT Dynatrace Inc. | New | 0.04% | +0.04 |
| XLI SS Industrial Select Sector | Add +39.9% | 0.13% | +0.03 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +29.1% | 0.28% | +0.03 |
| IYE iShares U.S. Energy ETF | Add +1.6% | 0.15% | +0.03 |
| BND Vanguard Total Bond Market | Add +10.4% | 2.53% | +0.03 |
| NEE Nextera Energy Inc. | Add +16.9% | 0.14% | +0.03 |
| VZ Verizon Communications Inc. | Add +3.4% | 0.19% | +0.03 |
| ICVT iShares Convertible Bond ETF | Add +7.4% | 1.25% | +0.03 |
| XLF SS Financial Select Sector | Add +36.7% | 0.23% | +0.03 |
| IWV iShares Russell 3000 ETF | New | 0.03% | +0.03 |
| XLE SS Energy Select Sector | Add +48.4% | 0.06% | +0.03 |
Options Activity Q4 2025 → Q1 2026
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2025 → Q1 2026
| OXY.WS Occidental Petroleum-CW27 | *W EXP 08/03/202 | Add +0.0% | 13,447 | $577K |
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 |