Trust Co of the South

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 2, 2025), Trust Co of the South reported 120 stock positions worth $491.1 million. Its top holding was Dimensional US Target Value (DFAT) at 20.5% of the portfolio, followed by Dimensional US Marketwide Va (DFUV, 15.2%) and Dimensional US Core Equity 2 (DFAC, 8.5%). Compared with Q3 2024, it opened 4 new positions, sold out of 12, added to 39 and reduced 34. The biggest buy was Apple (AAPL, shares +21%) and the biggest sale Dimensional US Marketwide Va (DFUV, shares −1%).

Most Recent 13F
Q2 2026
Location
GREENSBORO, NC
CIK
0002008165
Portfolio Value
$491.1M (Q4 2024)
SEC Filing
0002008165-25-000001 ↗ filed Jan 2, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $432.8M Q1 2024 Q2 2024: $422.3M Q2 2024 Q3 2024: $472.3M Q3 2024 Q4 2024: $491.1M $491.1M Q4 2024 Q1 2025: $478.6M Q1 2025 Q2 2025: $563.3M Q2 2025 Q3 2025: $602.7M Q3 2025 Q4 2025: $621.8M Q4 2025 Q1 2026: $621.9M Q1 2026 Q2 2026: $710.2M Q2 2026

Holdings 120 stocks · $491.1M
DFAT Dimensional US Target Value 20.49% 1,807,844 $100.6M Reduce -1.1%
DFUV Dimensional US Marketwide Va 15.17% 1,820,188 $74.5M Reduce -0.9%
DFAC Dimensional US Core Equity 2 8.48% 1,203,586 $41.6M Add +1.7%
VOO Vanguard S&P 500 ETF 5.70% 51,950 $28.0M Add +0.5%
AAPL Apple Inc. 4.57% 89,701 $22.5M Add +21.3%
VO Vngrd Mrngstr MD-Cap ETF-Usd 3.87% 71,869 $19.0M Add +12.2%
SPY SS SPDR S&P 500 ETF Trust-US 3.74% 31,352 $18.4M Reduce -0.6%
LOB Live Oak Bancshares Inc. 2.66% 330,600 $13.1M No change
VB Vanguard Most SM-Cap ETF-Usd 2.48% 50,670 $12.2M Add +19.8%
DFIC Dimensional International Co. 2.05% 389,716 $10.1M Add +25.7%
DFAX Dimensional World Ex US Core 1.98% 390,158 $9.7M Add +1.2%
VEA Vanguard Ftse Developed ETF 1.80% 184,416 $8.8M Add +14.7%
MSFT Microsoft Corp. 1.67% 19,411 $8.2M Add +27.2%
VUG Vanguard Mrngstar GR ETF-Sui 1.41% 16,852 $6.9M Add +109.3%
BRK.B Berkshire Hathaway Inc. Class B 1.05% 11,374 $5.2M Reduce -2.1%
IJH iShares Core S&P Midcap ETF 1.04% 82,340 $5.1M No change
VTV Vanguard Mrngstr Val ETF-Aui 1.02% 29,670 $5.0M Add +42.4%
DFSV Dimensional US Small Cap Val 0.99% 157,769 $4.9M Add +15.3%
VWO Vanguard Ftse Emerging Marke 0.98% 108,794 $4.8M Add +60.7%
NCNO Ncino Inc. 0.90% 131,722 $4.4M No change
IVV iShares Core S&P 500 ETF 0.79% 6,617 $3.9M Add +1.4%
IWM iShares Russell 2000 ETF 0.74% 16,366 $3.6M Add +1.2%
AMZN Amazon.com Inc. 0.66% 14,741 $3.2M Add +25.9%
DFEM Dimensional Emrg MRKT Core 0.65% 122,757 $3.2M Add +20.1%
RY Royal Bank of Canada 0.61% 25,043 $3.0M Add +0.9%
MRK Merck & Co. Inc. 0.52% 25,870 $2.6M Reduce -1.5%
VBK Van Morst SML-Cap Gro-Usd Inc. 0.48% 8,441 $2.4M Add +90.3%
V Visa Inc. Class A 0.47% 7,329 $2.3M Add +40.0%
WMT Walmart Inc. 0.46% 24,978 $2.3M Reduce -2.6%
IWF iShares Russell 1000 Growth 0.46% 5,564 $2.2M Reduce -10.0%
GOOG Alphabet Inc. Class C 0.41% 10,554 $2.0M Add +22.2%
FCNCA First Citizens Bcshs Class A 0.41% 947 $2.0M Add +136.8%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.36% 8,839 $1.8M Add +82.0%
TSM Taiwan Semiconductor-SP ADR 0.36% 8,869 $1.8M Add +232.8%
XOM Exxon Mobil Corp. 0.31% 14,280 $1.5M No change
LOW Lowe's Cos Inc. 0.30% 6,048 $1.5M No change
HD Home Depot Inc. 0.29% 3,713 $1.4M Reduce -3.6%
JNJ Johnson & Johnson 0.28% 9,672 $1.4M Add +5.1%
JPM JPMorgan Chase & Co. 0.28% 5,711 $1.4M Reduce -11.9%
SCZ iShares MSCI Eafe Small-Cap 0.26% 21,035 $1.3M No change
ACN Accenture PLC Class A 0.26% 3,613 $1.3M No change
FNB FNB Corp. 0.26% 85,518 $1.3M Reduce -1.7%
DFGR Dim Global Real Estate ETF 0.25% 48,090 $1.2M Add +32.5%
PG The Procter & Gamble Co. 0.25% 7,256 $1.2M No change
UNH Unitedhealth Group Inc. 0.25% 2,382 $1.2M Reduce -7.9%
TFC Truist Financial Corp. 0.24% 26,747 $1.2M Add +7.4%
IWD iShares Russell 1000 Value E 0.23% 6,078 $1.1M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.22% 5,004 $1.1M No change
DUK Duke Energy Corp. 0.22% 10,047 $1.1M Reduce -0.9%
META Meta Platforms Inc. Class A 0.22% 1,841 $1.1M Reduce -6.2%
GE General Electric filed as GE AEROSPACE 0.20% 5,909 $985K No change
ABBV Abbvie Inc. 0.20% 5,534 $983K No change
ABT Abbott Laboratories 0.20% 8,687 $983K Reduce -5.2%
GOOGL Alphabet Inc. Class A 0.19% 5,045 $955K Add +35.3%
AVGO Broadcom Inc. 0.18% 3,880 $900K No change
NVDA Nvidia Corp. 0.18% 6,660 $894K No change
ADP Automatic Data Processing 0.18% 3,030 $887K No change
PEP Pepsico Inc. 0.17% 5,508 $838K Reduce -2.1%
IVE iShares S&P 500 Value ETF 0.16% 4,190 $800K No change
SON Sonoco Products Co. 0.16% 16,248 $794K Add +11.4%
PFE Pfizer Inc. 0.16% 28,945 $768K Add +6.1%
MCD McDonald's Corp. 0.15% 2,517 $730K Reduce -3.2%
ADI Analog Devices Inc. 0.15% 3,368 $716K No change
PAYX Paychex Inc. 0.13% 4,601 $645K No change
EFA iShares MSCI Eafe ETF 0.13% 8,355 $632K Add +99.8%
IVW iShares S&P 500 Growth ETF 0.12% 6,023 $612K No change
EEMS iShares MSCI Emerging MKT SM 0.12% 10,395 $604K No change
IWR iShares Russell Mid-Cap ETF 0.11% 5,880 $520K Reduce -35.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.11% 11,813 $519K Add +2.7%
BDX Becton Dickinson and Co. 0.10% 2,202 $500K No change
CNI Canadian Natl Railway Co. 0.10% 4,870 $494K No change
VSS Vanguard Ftse All Wo X-US SC 0.10% 4,270 $489K No change
COST Costco Wholesale Corp. 0.10% 526 $482K Reduce -9.0%
LLY Eli Lilly & Co. 0.10% 620 $479K No change
TGT Target Corp. 0.10% 3,524 $476K No change
ORCL Oracle Corp. 0.09% 2,736 $456K Add +29.4%
CSCO Cisco Systems Inc. 0.09% 7,094 $420K Reduce -0.2%
SPYM Ste STR SPDR PT S&P 500 ETF 0.09% 6,079 $419K No change
STT State Street Corp. 0.08% 4,117 $404K No change
CMG Chipotle Mexican Grill Inc. 0.08% 6,700 $404K Reduce -10.7%
PH Parker Hannifin Corp. 0.08% 635 $404K No change
BMI Badger Meter Inc. 0.08% 1,856 $394K New
AXP American Express Co. 0.08% 1,306 $388K Reduce -11.4%
AGG iShares Core U.S. Aggregate 0.08% 3,958 $384K Add +7.0%
MA Mastercard Inc. Class A 0.08% 720 $379K Reduce -20.6%
APD Air Products & Chemicals Inc. 0.08% 1,297 $376K No change
ITW Illinois Tool Works 0.07% 1,436 $364K No change
SYY Sysco Corp. 0.07% 4,707 $360K Reduce -16.1%
QQQ Invesco QQQ Trust Series 1 0.07% 698 $357K No change
SO The Southern Co. 0.07% 4,309 $355K No change
KMB Kimberly-Clark Corp. 0.07% 2,675 $351K Add +11.5%
WM Waste Management Inc. 0.07% 1,731 $349K Reduce -10.4%
KO The Coca-Cola Co. 0.07% 5,456 $340K Reduce -13.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.07% 3,004 $334K Add +0.4%
ADSK Autodesk Inc. 0.07% 1,092 $323K New
ITIC Investors Title Co. 0.07% 1,362 $322K New
TGTX TG Therapeutics Inc. 0.07% 10,600 $319K No change
IEMG iShares Core MSCI Emerging 0.06% 6,078 $317K Add +10.3%
SCHW Schwab (charles) Corp. 0.06% 4,088 $303K Reduce -18.3%
VMC Vulcan Materials Co. 0.06% 1,151 $296K Reduce -8.4%
CMS CMS Energy Corp. 0.06% 4,404 $294K No change
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.06% 2,427 $293K No change
GD General Dynamics Corp. 0.06% 1,094 $288K Add +2.5%
HLT Hilton Worldwide Holdings Inc. 0.06% 1,165 $288K Reduce -6.2%
SCHG Schwab US Large-Cap Growth 0.06% 9,920 $276K No change
MFC Manulife Financial Corp. 0.06% 8,863 $272K Reduce -1.8%
GIS General Mills Inc. 0.05% 4,196 $268K No change
CVX Chevron Corp. 0.05% 1,802 $261K New
DHR Danaher Corp. 0.05% 1,127 $259K Reduce -15.8%
LHX L3HARRIS Technologies Inc. 0.05% 1,210 $254K No change
IEFA iShares Core MSCI Eafe ETF 0.05% 3,617 $254K No change
MMM 3M Co. 0.05% 1,917 $247K Reduce -0.1%
NEE Nextera Energy Inc. 0.05% 3,434 $246K No change
CME Cme Group Inc. 0.05% 1,034 $240K No change
ADBE Adobe Inc. 0.05% 511 $227K Reduce -13.5%
IJR iShares Core S&P Small-Cap E 0.05% 1,939 $223K Reduce -22.6%
IWO iShares Russell 2000 Growth 0.05% 775 $223K No change
EFX Equifax Inc. 0.04% 859 $219K Reduce -10.8%
IJS iShares S&P Small-Cap 600 Va 0.04% 1,920 $209K No change
ANGI Angi Inc. 0.02% 51,286 $85K Add +98.9%

Portfolio Sells Q3 2024 → Q4 2024
DFUV Dimensional US Marketwide Va Reduce -0.9% 15.17% −1.05
DFAT Dimensional US Target Value Reduce -1.1% 20.49% −1.04
TSLA Tesla Inc. Sold out 0.00% −0.20
MRK Merck & Co. Inc. Reduce -1.5% 0.52% −0.11
BLK BlackRock Finance Inc. Sold out 0.00% −0.11
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.6% 3.74% −0.09
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.1% 1.05% −0.08
UNH Unitedhealth Group Inc. Reduce -7.9% 0.25% −0.07
IWR iShares Russell Mid-Cap ETF Reduce -35.0% 0.11% −0.06
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.06
NOC Northrop Grumman Corp. Sold out 0.00% −0.06
MCHP Microchip Technology Inc. Sold out 0.00% −0.05
AMAT Applied Materials Inc. Sold out 0.00% −0.05
FCX Freeport-McMoran Inc. Sold out 0.00% −0.05
IQV Iqvia Holdings Inc. Sold out 0.00% −0.05
VZ Verizon Communications Inc. Sold out 0.00% −0.05
STZ Constellation Brands Inc. Class A Sold out 0.00% −0.05
RTX RTX Corp. Sold out 0.00% −0.04
CRL Charles River Laboratories Sold out 0.00% −0.04
HD Home Depot Inc. Reduce -3.6% 0.29% −0.04
IWF iShares Russell 1000 Growth Reduce -10.0% 0.46% −0.04
PEP Pepsico Inc. Reduce -2.1% 0.17% −0.03
DUK Duke Energy Corp. Reduce -0.9% 0.22% −0.03
KO The Coca-Cola Co. Reduce -13.2% 0.07% −0.03
DHR Danaher Corp. Reduce -15.8% 0.05% −0.03
ABT Abbott Laboratories Reduce -5.2% 0.20% −0.02
SYY Sysco Corp. Reduce -16.1% 0.07% −0.02
MCD McDonald's Corp. Reduce -3.2% 0.15% −0.02
ADBE Adobe Inc. Reduce -13.5% 0.05% −0.02
META Meta Platforms Inc. Class A Reduce -6.2% 0.22% −0.02
MA Mastercard Inc. Class A Reduce -20.6% 0.08% −0.02
IJR iShares Core S&P Small-Cap E Reduce -22.6% 0.05% −0.02
EFX Equifax Inc. Reduce -10.8% 0.04% −0.02
WM Waste Management Inc. Reduce -10.4% 0.07% −0.01
JPM JPMorgan Chase & Co. Reduce -11.9% 0.28% −0.01
COST Costco Wholesale Corp. Reduce -9.0% 0.10% −0.01
CMG Chipotle Mexican Grill Inc. Reduce -10.7% 0.08% −0.01
SCHW Schwab (charles) Corp. Reduce -18.3% 0.06% −0.01
VMC Vulcan Materials Co. Reduce -8.4% 0.06% −0.01
AXP American Express Co. Reduce -11.4% 0.08% −0.01
MMM 3M Co. Reduce -0.1% 0.05% −0.01
FNB FNB Corp. Reduce -1.7% 0.26% −0.00
HLT Hilton Worldwide Holdings Inc. Reduce -6.2% 0.06% −0.00
MFC Manulife Financial Corp. Reduce -1.8% 0.06% −0.00
CSCO Cisco Systems Inc. Reduce -0.2% 0.09% +0.01
WMT Walmart Inc. Reduce -2.6% 0.46% +0.02

Portfolio Buys Q3 2024 → Q4 2024
AAPL Apple Inc. Add +21.3% 4.57% +0.93
VUG Vanguard Mrngstar GR ETF-Sui Add +109.3% 1.41% +0.75
VB Vanguard Most SM-Cap ETF-Usd Add +19.8% 2.48% +0.35
VWO Vanguard Ftse Emerging Marke Add +60.7% 0.98% +0.29
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +12.2% 3.87% +0.29
MSFT Microsoft Corp. Add +27.2% 1.67% +0.28
TSM Taiwan Semiconductor-SP ADR Add +232.8% 0.36% +0.26
VTV Vanguard Mrngstr Val ETF-Aui Add +42.4% 1.02% +0.25
FCNCA First Citizens Bcshs Class A Add +136.8% 0.41% +0.25
VBK Van Morst SML-Cap Gro-Usd Inc. Add +90.3% 0.48% +0.23
DFIC Dimensional International Co. Add +25.7% 2.05% +0.20
AMZN Amazon.com Inc. Add +25.9% 0.66% +0.20
V Visa Inc. Class A Add +40.0% 0.47% +0.17
VBR Vngrd Mrngst SL-CP Val ETF-U Add +82.0% 0.36% +0.15
GOOG Alphabet Inc. Class C Add +22.2% 0.41% +0.10
DFSV Dimensional US Small Cap Val Add +15.3% 0.99% +0.10
BMI Badger Meter Inc. New 0.08% +0.08
ADSK Autodesk Inc. New 0.07% +0.07
ITIC Investors Title Co. New 0.07% +0.07
GOOGL Alphabet Inc. Class A Add +35.3% 0.19% +0.06
EFA iShares MSCI Eafe ETF Add +99.8% 0.13% +0.05
CVX Chevron Corp. New 0.05% +0.05
DFEM Dimensional Emrg MRKT Core Add +20.1% 0.65% +0.05
DFGR Dim Global Real Estate ETF Add +32.5% 0.25% +0.03
ORCL Oracle Corp. Add +29.4% 0.09% +0.02
TFC Truist Financial Corp. Add +7.4% 0.24% +0.01
BAC Bank of America Corp. Add +2.7% 0.11% +0.01
DIS The Walt Disney Co. Add +0.4% 0.07% +0.01
ANGI Angi Inc. Add +98.9% 0.02% +0.00
KMB Kimberly-Clark Corp. Add +11.5% 0.07% −0.00
AGG iShares Core U.S. Aggregate Add +7.0% 0.08% −0.00
VEA Vanguard Ftse Developed ETF Add +14.7% 1.80% −0.00
IEMG iShares Core MSCI Emerging Add +10.3% 0.06% −0.00
IVV iShares Core S&P 500 ETF Add +1.4% 0.79% −0.00
SON Sonoco Products Co. Add +11.4% 0.16% −0.01
GD General Dynamics Corp. Add +2.5% 0.06% −0.01
PFE Pfizer Inc. Add +6.1% 0.16% −0.01
IWM iShares Russell 2000 ETF Add +1.2% 0.74% −0.02
JNJ Johnson & Johnson Add +5.1% 0.28% −0.03
RY Royal Bank of Canada Add +0.9% 0.61% −0.04
VOO Vanguard S&P 500 ETF Add +0.5% 5.70% −0.08
DFAC Dimensional US Core Equity 2 Add +1.7% 8.48% −0.12
DFAX Dimensional World Ex US Core Add +1.2% 1.98% −0.23

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 146$710.2MDFAT, DFUV, DFAC, VOO, DFIC
Q1 2026 142$621.9MDFAT, DFUV, DFAC, VOO, DFIC
Q4 2025 136$621.8MDFAT, DFUV, DFAC, VOO, DFIC
Q3 2025 133$602.7MDFAT, DFUV, DFAC, VOO, DFIC
Q2 2025 128$563.3MDFAT, DFUV, DFAC, VOO, DFIC
Q1 2025 121$478.6MDFAT, DFUV, DFAC, VOO, DFIC
Q4 2024 120$491.1MDFAT, DFUV, DFAC, VOO, AAPL
Q3 2024 128$472.3MDFAT, DFUV, DFAC, VOO, SPY
Q2 2024 114$422.3MDFAT, DFUV, DFAC, VOO, SPY
Q1 2024 116$432.8MDFAT, DFUV, DFAC, VOO, SPY