Trust Co of the South

Name: Trust Co of the South 13F holdings, Q1 2024
Creator: Trust Co of the South
Published: 2024-04-10

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed April 10, 2024), Trust Co of the South reported 116 stock positions worth $432.8 million. Its top holding was Dimensional US Target Value (DFAT) at 23.5% of the portfolio, followed by Dimensional US Marketwide Va (DFUV, 17.7%) and Dimensional US Core Equity 2 (DFAC, 8.5%). Compared with Q4 2023, it opened 12 new positions, sold out of 11, added to 18 and reduced 62. The biggest buy was a new position in Apple (AAPL) and the biggest sale Dimensional US Target Value (DFAT, shares −2%).

Most Recent 13F: Q2 2026
Location: GREENSBORO, NC
CIK: 0002008165
Portfolio Value: $432.8M (Q1 2024)
SEC Filing: 0002008165-24-000003 ↗ filed Apr 10, 2024

Holdings Value

Holdings 116 stocks · $432.8M


DFAT Dimensional US Target Value	23.45%	1,864,868	$101.5M	Reduce -2.4%
DFUV Dimensional US Marketwide Va	17.71%	1,874,459	$76.7M	Reduce -3.2%
DFAC Dimensional US Core Equity 2	8.45%	1,145,197	$36.6M	Add +11.6%
VOO Vanguard S&P 500 ETF	5.02%	45,195	$21.7M	Add +49.6%
SPY SS SPDR S&P 500 ETF Trust-US	3.80%	31,434	$16.4M	No change
VO Vngrd Mrngstr MD-Cap ETF-Usd	3.37%	58,449	$14.6M	Add +40.8%
LOB Live Oak Bancshares Inc.	3.17%	330,600	$13.7M	No change
AAPL Apple Inc.	2.95%	74,355	$12.8M	New
DFAX Dimensional World Ex US Core	2.40%	408,452	$10.4M	Reduce -1.6%
VB Vanguard Most SM-Cap ETF-Usd	1.98%	37,568	$8.6M	Add +38.9%
VEA Vanguard Ftse Developed ETF	1.66%	143,406	$7.2M	Add +18.4%
DFIC Dimensional International Co.	1.54%	249,143	$6.7M	Add +39.6%
MSFT Microsoft Corp.	1.39%	14,343	$6.0M	Reduce -15.6%
IJH iShares Core S&P Midcap ETF	1.15%	81,665	$5.0M	Reduce -0.6%
NCNO Ncino Inc.	1.14%	131,722	$4.9M	No change
BRK.B Berkshire Hathaway Inc. Class B	1.13%	11,580	$4.9M	New
IVV iShares Core S&P 500 ETF	0.79%	6,528	$3.4M	Reduce -4.1%
IWM iShares Russell 2000 ETF	0.78%	16,089	$3.4M	No change
DFSV Dimensional US Small Cap Val	0.75%	107,423	$3.2M	Add +32.3%
MRK Merck & Co. Inc.	0.74%	24,163	$3.2M	Reduce -8.8%
VTV Vanguard Mrngstr Val ETF-Aui	0.71%	18,820	$3.1M	Add +64.3%
VUG Vanguard Mrngstar GR ETF-Sui	0.64%	8,053	$2.8M	Add +120.8%
VWO Vanguard Ftse Emerging Marke	0.63%	65,701	$2.7M	No change
RY Royal Bank of Canada	0.58%	24,818	$2.5M	No change
DFEM Dimensional Emrg MRKT Core	0.49%	82,837	$2.1M	Add +43.4%
AMZN Amazon.com Inc.	0.44%	10,633	$1.9M	New
IWF iShares Russell 1000 Growth	0.39%	5,007	$1.7M	No change
XOM Exxon Mobil Corp.	0.38%	14,249	$1.7M	Reduce -0.8%
LOW Lowe's Cos Inc.	0.36%	6,048	$1.5M	Reduce -59.5%
WMT Walmart Inc.	0.35%	25,353	$1.5M	Reduce -4.3%
JNJ Johnson & Johnson	0.35%	9,451	$1.5M	Reduce -18.5%
SCZ iShares MSCI Eafe Small-Cap	0.31%	21,035	$1.3M	No change
HD Home Depot Inc.	0.30%	3,434	$1.3M	Add +6.7%
ACN Accenture PLC Class A	0.29%	3,593	$1.2M	Reduce -20.3%
FNB FNB Corp.	0.28%	87,274	$1.2M	Reduce -74.5%
V Visa Inc. Class A	0.28%	4,268	$1.2M	Reduce -6.3%
PG The Procter & Gamble Co.	0.27%	7,303	$1.2M	Reduce -18.4%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.27%	4,436	$1.2M	Add +68.4%
GOOG Alphabet Inc. Class C	0.26%	7,367	$1.1M	Reduce -10.7%
IWD iShares Russell 1000 Value E	0.25%	6,078	$1.1M	Reduce -2.6%
UNH Unitedhealth Group Inc.	0.24%	2,108	$1.0M	Reduce -37.1%
GE General Electric	0.24%	5,839	$1.0M	Reduce -0.1%
DUK Duke Energy Corp.	0.24%	10,564	$1.0M	Reduce -10.5%
ABBV Abbvie Inc.	0.23%	5,534	$1.0M	Reduce -12.6%
JPM JPMorgan Chase & Co.	0.23%	4,946	$991K	Add +1.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.22%	5,004	$956K	Reduce -0.6%
META Meta Platforms Inc. Class A	0.22%	1,963	$953K	Reduce -20.0%
TFC Truist Financial Corp.	0.22%	24,353	$949K	Reduce -6.6%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.22%	4,856	$932K	Add +72.9%
ABT Abbott Laboratories	0.21%	7,919	$900K	New
IVW iShares S&P 500 Growth ETF	0.20%	10,498	$886K	Reduce -0.6%
AMNB Amer Natl Bnkshs/Danville Va filed as AMERICAN NATL BANKSHARES INC	0.20%	18,494	$883K	New
SON Sonoco Products Co.	0.20%	14,590	$844K	Reduce -2.0%
IVE iShares S&P 500 Value ETF	0.18%	4,190	$783K	No change
IWR iShares Russell Mid-Cap ETF	0.18%	9,045	$761K	No change
PFE Pfizer Inc.	0.18%	27,382	$760K	Reduce -1.7%
DFGR Dim Global Real Estate ETF	0.17%	29,614	$756K	Add +51.1%
PEP Pepsico Inc.	0.17%	4,296	$752K	Reduce -33.9%
ADP Automatic Data Processing	0.17%	2,997	$748K	New
MCD McDonald's Corp.	0.17%	2,599	$733K	Reduce -26.0%
ADI Analog Devices Inc.	0.15%	3,368	$666K	New
FCNCA First Citizens Bcshs Class A	0.15%	400	$654K	No change
CNI Canadian Natl Railway Co.	0.15%	4,870	$641K	Reduce -9.6%
TSLA Tesla Inc.	0.15%	3,601	$633K	No change
TGT Target Corp.	0.14%	3,524	$624K	Reduce -0.7%
EEMS iShares MSCI Emerging MKT SM	0.14%	10,395	$612K	No change
NVDA Nvidia Corp.	0.14%	666	$602K	Reduce -10.4%
PAYX Paychex Inc.	0.13%	4,601	$565K	Reduce -23.5%
GOOGL Alphabet Inc. Class A	0.13%	3,725	$562K	Reduce -35.5%
BDX Becton Dickinson and Co.	0.13%	2,202	$545K	New
AVGO Broadcom Inc.	0.12%	388	$514K	No change
VSS Vanguard Ftse All Wo X-US SC	0.12%	4,270	$499K	Reduce -0.1%
LLY Eli Lilly & Co.	0.11%	620	$482K	Reduce -24.9%
BLK BlackRock Finance Inc.	0.10%	529	$441K	Reduce -47.7%
CMG Chipotle Mexican Grill Inc.	0.10%	150	$436K	No change
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.10%	11,260	$427K	New
COST Costco Wholesale Corp.	0.10%	578	$423K	Reduce -49.2%
CSCO Cisco Systems Inc.	0.10%	8,405	$419K	Add +3.3%
WM Waste Management Inc.	0.09%	1,891	$403K	No change
ITW Illinois Tool Works	0.09%	1,408	$378K	Reduce -17.6%
SPYM Ste STR SPDR PT S&P 500 ETF	0.09%	6,079	$374K	No change
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.08%	2,991	$366K	Reduce -0.3%
TSM Taiwan Semiconductor-SP ADR	0.08%	2,665	$363K	Reduce -2.1%
PH Parker Hannifin Corp.	0.08%	635	$353K	Reduce -17.2%
VMC Vulcan Materials Co.	0.08%	1,256	$343K	Add +0.5%
AXP American Express Co.	0.08%	1,474	$336K	New
EFA iShares MSCI Eafe ETF	0.08%	4,097	$327K	No change
STT State Street Corp.	0.07%	4,117	$318K	Reduce -0.3%
SO The Southern Co.	0.07%	4,390	$315K	Reduce -2.0%
KMB Kimberly-Clark Corp.	0.07%	2,400	$310K	Reduce -7.7%
QQQ Invesco QQQ Trust Series 1	0.07%	698	$310K	Add +33.7%
APD Air Products & Chemicals Inc.	0.07%	1,274	$309K	New
GD General Dynamics Corp.	0.07%	1,067	$301K	Reduce -22.7%
GIS General Mills Inc.	0.07%	4,196	$294K	Reduce -9.5%
AGG iShares Core U.S. Aggregate	0.07%	2,920	$286K	Reduce -6.7%
IJR iShares Core S&P Small-Cap E	0.06%	2,496	$276K	Reduce -5.9%
CMS CMS Energy Corp.	0.06%	4,404	$266K	No change
ORCL Oracle Corp.	0.06%	2,114	$266K	Reduce -36.2%
HLT Hilton Worldwide Holdings Inc.	0.06%	1,242	$265K	Reduce -2.7%
LHX L3HARRIS Technologies Inc.	0.06%	1,210	$258K	Reduce -9.9%
EFX Equifax Inc.	0.06%	963	$258K	Reduce -0.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.06%	2,427	$246K	Reduce -13.7%
SYY Sysco Corp.	0.06%	3,029	$246K	No change
MFC Manulife Financial Corp.	0.06%	9,712	$243K	No change
KO The Coca-Cola Co.	0.06%	3,907	$239K	Reduce -12.7%
ANGI Angi Inc.	0.05%	90,698	$238K	No change
IEFA iShares Core MSCI Eafe ETF	0.05%	3,195	$237K	Reduce -4.0%
SCHG Schwab US Large-Cap Growth	0.05%	2,480	$230K	No change
STZ Constellation Brands Inc. Class A	0.05%	835	$227K	Reduce -2.0%
CME Cme Group Inc.	0.05%	1,034	$223K	Reduce -2.3%
FCX Freeport-McMoran Inc.	0.05%	4,731	$222K	Reduce -2.7%
NEE Nextera Energy Inc.	0.05%	3,434	$219K	Reduce -50.9%
VZ Verizon Communications Inc.	0.05%	4,995	$210K	Reduce -16.6%
IWO iShares Russell 2000 Growth	0.05%	765	$207K	New
MMM 3M Co.	0.05%	1,918	$203K	Reduce -19.8%
TGTX TG Therapeutics Inc.	0.04%	10,600	$161K	No change

Portfolio Sells Q4 2023 → Q1 2024


DFAT Dimensional US Target Value	Reduce -2.4%	23.45%	−2.99
DFUV Dimensional US Marketwide Va	Reduce -3.2%	17.71%	−1.34
FNB FNB Corp.	Reduce -74.5%	0.28%	−0.96
LOW Lowe's Cos Inc.	Reduce -59.5%	0.36%	−0.52
MSFT Microsoft Corp.	Reduce -15.6%	1.39%	−0.30
DFAX Dimensional World Ex US Core	Reduce -1.6%	2.40%	−0.28
UNH Unitedhealth Group Inc.	Reduce -37.1%	0.24%	−0.23
JNJ Johnson & Johnson	Reduce -18.5%	0.35%	−0.13
BKNG Booking Holdings Inc.	Sold out	0.00%	−0.13
ACN Accenture PLC Class A	Reduce -20.3%	0.29%	−0.13
PEP Pepsico Inc.	Reduce -33.9%	0.17%	−0.12
BLK BlackRock Finance Inc.	Reduce -47.7%	0.10%	−0.12
NKE Nike Inc. Class B	Sold out	0.00%	−0.11
MCD McDonald's Corp.	Reduce -26.0%	0.17%	−0.11
COST Costco Wholesale Corp.	Reduce -49.2%	0.10%	−0.10
GOOGL Alphabet Inc. Class A	Reduce -35.5%	0.13%	−0.08
ROST Ross Stores Inc.	Sold out	0.00%	−0.08
CVX Chevron Corp.	Sold out	0.00%	−0.08
RTX RTX Corp.	Sold out	0.00%	−0.08
PG The Procter & Gamble Co.	Reduce -18.4%	0.27%	−0.07
IEX Idex Corp.	Sold out	0.00%	−0.07
DUK Duke Energy Corp.	Reduce -10.5%	0.24%	−0.07
IVV iShares Core S&P 500 ETF	Reduce -4.1%	0.79%	−0.07
SCHW Schwab (charles) Corp.	Sold out	0.00%	−0.06
NEE Nextera Energy Inc.	Reduce -50.9%	0.05%	−0.06
ADBE Adobe Inc.	Sold out	0.00%	−0.06
PAYX Paychex Inc.	Reduce -23.5%	0.13%	−0.06
IJH iShares Core S&P Midcap ETF	Reduce -0.6%	1.15%	−0.06
VRSK Verisk Analytics Inc.	Sold out	0.00%	−0.06
ACGL Arch Capital Group Ltd.	Sold out	0.00%	−0.05
BR Broadridge Financial Solutio	Sold out	0.00%	−0.05
GOOG Alphabet Inc. Class C	Reduce -10.7%	0.26%	−0.05
V Visa Inc. Class A	Reduce -6.3%	0.28%	−0.04
PFE Pfizer Inc.	Reduce -1.7%	0.18%	−0.04
TFC Truist Financial Corp.	Reduce -6.6%	0.22%	−0.04
ITW Illinois Tool Works	Reduce -17.6%	0.09%	−0.03
ORCL Oracle Corp.	Reduce -36.2%	0.06%	−0.03
CNI Canadian Natl Railway Co.	Reduce -9.6%	0.15%	−0.03
MRK Merck & Co. Inc.	Reduce -8.8%	0.74%	−0.03
ABBV Abbvie Inc.	Reduce -12.6%	0.23%	−0.03
GD General Dynamics Corp.	Reduce -22.7%	0.07%	−0.03
SON Sonoco Products Co.	Reduce -2.0%	0.20%	−0.03
MMM 3M Co.	Reduce -19.8%	0.05%	−0.02
IWD iShares Russell 1000 Value E	Reduce -2.6%	0.25%	−0.02
AGG iShares Core U.S. Aggregate	Reduce -6.7%	0.07%	−0.02
LLY Eli Lilly & Co.	Reduce -24.9%	0.11%	−0.02
WMT Walmart Inc.	Reduce -4.3%	0.35%	−0.02
LHX L3HARRIS Technologies Inc.	Reduce -9.9%	0.06%	−0.02
VSS Vanguard Ftse All Wo X-US SC	Reduce -0.1%	0.12%	−0.01
KO The Coca-Cola Co.	Reduce -12.7%	0.06%	−0.01

Portfolio Buys Q4 2023 → Q1 2024


AAPL Apple Inc.	New	2.95%	+2.95
VOO Vanguard S&P 500 ETF	Add +49.6%	5.02%	+1.53
BRK.B Berkshire Hathaway Inc. Class B	New	1.13%	+1.13
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +40.8%	3.37%	+0.82
DFAC Dimensional US Core Equity 2	Add +11.6%	8.45%	+0.53
VB Vanguard Most SM-Cap ETF-Usd	Add +38.9%	1.98%	+0.46
AMZN Amazon.com Inc.	New	0.44%	+0.44
VUG Vanguard Mrngstar GR ETF-Sui	Add +120.8%	0.64%	+0.34
DFIC Dimensional International Co.	Add +39.6%	1.54%	+0.34
VTV Vanguard Mrngstr Val ETF-Aui	Add +64.3%	0.71%	+0.26
ABT Abbott Laboratories	New	0.21%	+0.21
AMNB Amer Natl Bnkshs/Danville Va	New	0.20%	+0.20
ADP Automatic Data Processing	New	0.17%	+0.17
ADI Analog Devices Inc.	New	0.15%	+0.15
VEA Vanguard Ftse Developed ETF	Add +18.4%	1.66%	+0.13
BDX Becton Dickinson and Co.	New	0.13%	+0.13
DFSV Dimensional US Small Cap Val	Add +32.3%	0.75%	+0.12
DFEM Dimensional Emrg MRKT Core	Add +43.4%	0.49%	+0.11
VBK Van Morst SML-Cap Gro-Usd Inc.	Add +68.4%	0.27%	+0.10
BAC Bank of America Corp.	New	0.10%	+0.10
VBR Vngrd Mrngst SL-CP Val ETF-U	Add +72.9%	0.22%	+0.08
AXP American Express Co.	New	0.08%	+0.08
APD Air Products & Chemicals Inc.	New	0.07%	+0.07
IWO iShares Russell 2000 Growth	New	0.05%	+0.05
DFGR Dim Global Real Estate ETF	Add +51.1%	0.17%	+0.04
QQQ Invesco QQQ Trust Series 1	Add +33.7%	0.07%	+0.02
HD Home Depot Inc.	Add +6.7%	0.30%	+0.01
JPM JPMorgan Chase & Co.	Add +1.1%	0.23%	+0.01
VMC Vulcan Materials Co.	Add +0.5%	0.08%	+0.00
CSCO Cisco Systems Inc.	Add +3.3%	0.10%	−0.01

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	146	$710.2M	DFAT, DFUV, DFAC, VOO, DFIC
Q1 2026	142	$621.9M	DFAT, DFUV, DFAC, VOO, DFIC
Q4 2025	136	$621.8M	DFAT, DFUV, DFAC, VOO, DFIC
Q3 2025	133	$602.7M	DFAT, DFUV, DFAC, VOO, DFIC
Q2 2025	128	$563.3M	DFAT, DFUV, DFAC, VOO, DFIC
Q1 2025	121	$478.6M	DFAT, DFUV, DFAC, VOO, DFIC
Q4 2024	120	$491.1M	DFAT, DFUV, DFAC, VOO, AAPL
Q3 2024	128	$472.3M	DFAT, DFUV, DFAC, VOO, SPY
Q2 2024	114	$422.3M	DFAT, DFUV, DFAC, VOO, SPY
Q1 2024	116	$432.8M	DFAT, DFUV, DFAC, VOO, SPY