Trust Co of the South

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 3, 2025), Trust Co of the South reported 128 stock positions worth $563.3 million. Its top holding was Dimensional US Target Value (DFAT) at 17.2% of the portfolio, followed by Dimensional US Marketwide Va (DFUV, 13.4%) and Dimensional US Core Equity 2 (DFAC, 8.3%). Compared with Q1 2025, it opened 10 new positions, sold out of 3, added to 58 and reduced 24. The biggest buy was Vanguard Mrngstar GR ETF-Sui (VUG, shares +90%) and the biggest sale Dimensional US Marketwide Va (DFUV, shares −1%).

Most Recent 13F
Q2 2026
Location
GREENSBORO, NC
CIK
0002008165
Portfolio Value
$563.3M (Q2 2025)
SEC Filing
0002008165-25-000004 ↗ filed Jul 3, 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 Q4 2024 Q1 2025: $478.6M Q1 2025 Q2 2025: $563.3M $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 128 stocks · $563.3M
DFAT Dimensional US Target Value 17.20% 1,795,383 $96.9M Add +1.1%
DFUV Dimensional US Marketwide Va 13.40% 1,784,627 $75.5M Reduce -0.8%
DFAC Dimensional US Core Equity 2 8.34% 1,310,513 $47.0M Add +4.1%
VOO Vanguard S&P 500 ETF 5.69% 56,415 $32.0M Add +14.3%
DFIC Dimensional International Co. 5.46% 988,968 $30.7M Add +27.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 4.71% 94,714 $26.5M Add +29.4%
VUG Vanguard Mrngstar GR ETF-Sui 4.21% 54,149 $23.7M Add +89.8%
AAPL Apple Inc. 3.13% 85,907 $17.6M Add +0.3%
VEA Vanguard Ftse Developed ETF 2.88% 284,352 $16.2M Add +29.9%
VB Vanguard Most SM-Cap ETF-Usd 2.67% 63,362 $15.0M Add +17.3%
DFSV Dimensional US Small Cap Val 2.24% 429,256 $12.6M Add +26.3%
VTV Vanguard Mrngstr Val ETF-Aui 2.09% 66,655 $11.8M Add +74.7%
DFAX Dimensional World Ex US Core 2.04% 390,756 $11.5M No change
LOB Live Oak Bancshares Inc. 1.75% 330,000 $9.8M Reduce -0.2%
MSFT Microsoft Corp. 1.71% 19,321 $9.6M Add +2.4%
DFEM Dimensional Emrg MRKT Core 1.66% 315,668 $9.4M Add +37.0%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.31% 26,664 $7.4M Add +56.1%
SPY SS SPDR S&P 500 ETF Trust-US 1.18% 10,777 $6.7M Add +0.4%
BRK.B Berkshire Hathaway Inc. Class B 1.12% 12,978 $6.3M Add +11.7%
VWO Vanguard Ftse Emerging Marke 1.07% 121,727 $6.0M Add +16.9%
IVV iShares Core S&P 500 ETF 0.74% 6,727 $4.2M No change
NCNO Ncino Inc. 0.65% 131,722 $3.7M No change
RY Royal Bank of Canada 0.59% 25,121 $3.3M Add +0.3%
AMZN Amazon.com Inc. 0.55% 14,165 $3.1M Reduce -4.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.48% 13,928 $2.7M Add +57.6%
DFGR Dim Global Real Estate ETF 0.45% 93,968 $2.5M Add +25.0%
V Visa Inc. Class A 0.44% 6,910 $2.5M Add +0.3%
IWF iShares Russell 1000 Growth 0.42% 5,564 $2.4M No change
WMT Walmart Inc. 0.38% 22,127 $2.2M Add +0.4%
MRK Merck & Co. Inc. 0.36% 25,733 $2.0M Reduce -0.7%
FCNCA First Citizens Bcshs Class A 0.33% 947 $1.9M No change
JPM JPMorgan Chase & Co. 0.32% 6,232 $1.8M Reduce -1.0%
TSM Taiwan Semiconductor-SP ADR 0.32% 7,926 $1.8M Add +1.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.28% 5,270 $1.6M Add +0.5%
GOOG Alphabet Inc. Class C 0.28% 8,752 $1.6M No change
SCZ iShares MSCI Eafe Small-Cap 0.27% 21,035 $1.5M No change
GE General Electric filed as GE AEROSPACE 0.27% 5,936 $1.5M No change
XOM Exxon Mobil Corp. 0.27% 14,086 $1.5M Reduce -1.9%
JNJ Johnson & Johnson 0.27% 9,894 $1.5M Add +0.2%
HD Home Depot Inc. 0.25% 3,775 $1.4M Add +0.7%
LOW Lowe's Cos Inc. 0.24% 6,193 $1.4M Add +0.5%
META Meta Platforms Inc. Class A 0.24% 1,836 $1.4M No change
ABT Abbott Laboratories 0.23% 9,456 $1.3M Add +5.2%
PG The Procter & Gamble Co. 0.22% 7,871 $1.3M Add +3.9%
ACN Accenture PLC Class A 0.22% 4,113 $1.2M Add +1.8%
FNB FNB Corp. 0.21% 81,703 $1.2M Reduce -4.5%
IWD iShares Russell 1000 Value E 0.21% 6,078 $1.2M No change
TFC Truist Financial Corp. 0.20% 26,728 $1.1M No change
AVGO Broadcom Inc. 0.20% 4,082 $1.1M Add +1.6%
ABBV Abbvie Inc. 0.20% 5,978 $1.1M Add +5.3%
NVDA Nvidia Corp. 0.18% 6,497 $1.0M Reduce -3.9%
ADP Automatic Data Processing 0.17% 3,116 $961K Add +1.3%
GOOGL Alphabet Inc. Class A 0.17% 5,417 $955K Add +19.9%
DUK Duke Energy Corp. 0.16% 7,551 $891K Reduce -25.9%
ADI Analog Devices Inc. 0.15% 3,523 $839K Add +2.4%
UNH Unitedhealth Group Inc. 0.14% 2,489 $776K Add +3.1%
PEP Pepsico Inc. 0.14% 5,805 $766K Add +5.1%
MCD McDonald's Corp. 0.14% 2,608 $762K Add +0.3%
EFA iShares MSCI Eafe ETF 0.13% 8,270 $739K Reduce -1.0%
PFE Pfizer Inc. 0.13% 29,386 $712K Add +1.5%
PAYX Paychex Inc. 0.13% 4,856 $706K Add +4.4%
LLY Eli Lilly & Co. 0.12% 895 $698K No change
EEMS iShares MSCI Emerging MKT SM 0.12% 10,395 $674K No change
IVW iShares S&P 500 Growth ETF 0.12% 6,023 $663K No change
COST Costco Wholesale Corp. 0.11% 641 $635K Add +6.7%
SON Sonoco Products Co. 0.11% 14,076 $613K Reduce -12.2%
VSS Vanguard Ftse All Wo X-US SC 0.10% 4,270 $574K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.10% 11,813 $559K Reduce -1.3%
IWR iShares Russell Mid-Cap ETF 0.10% 5,880 $541K No change
PRF Invesco Rafi US 1000 ETF 0.09% 12,650 $535K Reduce -37.1%
CNI Canadian Natl Railway Co. 0.09% 5,097 $530K Add +4.7%
ORCL Oracle Corp. 0.09% 2,348 $513K Add +11.1%
IEMG iShares Core MSCI Emerging 0.09% 8,548 $513K Add +40.6%
CSCO Cisco Systems Inc. 0.09% 7,296 $506K Add +0.8%
ADM Archer-Daniels-Midland Co. 0.09% 9,523 $503K New
QQQ Invesco QQQ Trust Series 1 0.09% 909 $501K No change
USMV iShares MSCI USA Min Vol Fac 0.09% 5,195 $488K Reduce -39.1%
MA Mastercard Inc. Class A 0.08% 846 $475K Add +3.0%
PH Parker Hannifin Corp. 0.08% 635 $444K Reduce -1.4%
SPYM Ste STR SPDR PT S&P 500 ETF 0.08% 6,079 $442K No change
STT State Street Corp. 0.08% 4,117 $438K No change
AXP American Express Co. 0.08% 1,336 $426K No change
WM Waste Management Inc. 0.07% 1,815 $415K Add +4.3%
KO The Coca-Cola Co. 0.07% 5,779 $409K Add +4.6%
SO The Southern Co. 0.07% 4,432 $407K Add +1.8%
APD Air Products & Chemicals Inc. 0.07% 1,395 $393K Add +7.6%
AGG iShares Core U.S. Aggregate 0.07% 3,958 $393K No change
ITW Illinois Tool Works 0.07% 1,570 $388K Add +6.2%
MTUM iShares MSCI USA Momentum Fa 0.07% 1,600 $385K Reduce -45.0%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 3,095 $382K Add +26.0%
TGTX TG Therapeutics Inc. 0.07% 10,600 $381K No change
CMG Chipotle Mexican Grill Inc. 0.07% 6,650 $373K No change
SCHW Schwab (charles) Corp. 0.07% 4,088 $373K No change
GD General Dynamics Corp. 0.07% 1,268 $370K Add +15.8%
SYY Sysco Corp. 0.07% 4,849 $367K Add +3.0%
BDX Becton Dickinson and Co. 0.06% 2,114 $364K Reduce -4.3%
TGT Target Corp. 0.06% 3,605 $356K Add +2.3%
KMB Kimberly-Clark Corp. 0.06% 2,675 $345K No change
CVX Chevron Corp. 0.06% 2,403 $344K Add +6.0%
HLT Hilton Worldwide Holdings Inc. 0.06% 1,164 $310K No change
RTX RTX Corp. 0.05% 2,097 $306K Add +23.2%
CMS CMS Energy Corp. 0.05% 4,404 $305K Reduce -0.4%
LHX L3HARRIS Technologies Inc. 0.05% 1,210 $304K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 2,435 $302K Reduce -19.8%
IEFA iShares Core MSCI Eafe ETF 0.05% 3,617 $302K No change
VMC Vulcan Materials Co. 0.05% 1,146 $299K No change
MMM 3M Co. 0.05% 1,917 $292K No change
SCHG Schwab US Large-Cap Growth 0.05% 9,920 $290K No change
ITIC Investors Title Co. 0.05% 1,362 $288K No change
CME Cme Group Inc. 0.05% 1,034 $285K Reduce -1.8%
PM Philip Morris International 0.05% 1,556 $283K No change
MFC Manulife Financial Corp. 0.05% 8,330 $266K Reduce -6.0%
NEE Nextera Energy Inc. 0.04% 3,434 $238K Reduce -0.6%
AMGN Amgen Inc. 0.04% 816 $228K Reduce -2.0%
DHR Danaher Corp. 0.04% 1,152 $228K Add +2.2%
AMD Advanced Micro Devices 0.04% 1,603 $227K New
BKNG Booking Holdings Inc. 0.04% 39 $226K New
NFLX Netflix Inc. 0.04% 167 $224K New
IWO iShares Russell 2000 Growth 0.04% 775 $222K New
EFX Equifax Inc. 0.04% 854 $222K No change
BR Broadridge Financial Solutio 0.04% 895 $218K New
IJH iShares Core S&P Midcap ETF 0.04% 3,492 $217K No change
GIS General Mills Inc. 0.04% 4,178 $216K Reduce -1.4%
IWP iShares Russell Mid-Cap Grow 0.04% 1,559 $216K New
EMR Emerson Electric Co. 0.04% 1,597 $213K New
IJR iShares Core S&P Small-Cap E 0.04% 1,939 $212K No change
MELI MercadoLibre Inc. 0.04% 80 $209K New
ORLY O'reilly Automotive Inc. 0.04% 2,220 $200K New

Portfolio Sells Q1 2025 → Q2 2025
DFUV Dimensional US Marketwide Va Reduce -0.8% 13.40% −2.09
MRK Merck & Co. Inc. Reduce -0.7% 0.36% −0.12
DUK Duke Energy Corp. Reduce -25.9% 0.16% −0.10
LOB Live Oak Bancshares Inc. Reduce -0.2% 1.75% −0.10
XOM Exxon Mobil Corp. Reduce -1.9% 0.27% −0.09
USMV iShares MSCI USA Min Vol Fac Reduce -39.1% 0.09% −0.08
PRF Invesco Rafi US 1000 ETF Reduce -37.1% 0.09% −0.07
MTUM iShares MSCI USA Momentum Fa Reduce -45.0% 0.07% −0.05
SON Sonoco Products Co. Reduce -12.2% 0.11% −0.05
NOC Northrop Grumman Corp. Sold out 0.00% −0.04
AFL Aflac Inc. Sold out 0.00% −0.04
VZ Verizon Communications Inc. Sold out 0.00% −0.04
BDX Becton Dickinson and Co. Reduce -4.3% 0.06% −0.04
AMZN Amazon.com Inc. Reduce -4.1% 0.55% −0.04
FNB FNB Corp. Reduce -4.5% 0.21% −0.03
CMS CMS Energy Corp. Reduce -0.4% 0.05% −0.02
GIS General Mills Inc. Reduce -1.4% 0.04% −0.01
AMGN Amgen Inc. Reduce -2.0% 0.04% −0.01
EFA iShares MSCI Eafe ETF Reduce -1.0% 0.13% −0.01
MFC Manulife Financial Corp. Reduce -6.0% 0.05% −0.01
DIS The Walt Disney Co. Reduce -19.8% 0.05% −0.01
NEE Nextera Energy Inc. Reduce -0.6% 0.04% −0.01
CME Cme Group Inc. Reduce -1.8% 0.05% −0.01
BAC Bank of America Corp. Reduce -1.3% 0.10% −0.01
PH Parker Hannifin Corp. Reduce -1.4% 0.08% −0.00
JPM JPMorgan Chase & Co. Reduce -1.0% 0.32% −0.00
NVDA Nvidia Corp. Reduce -3.9% 0.18% +0.03

Portfolio Buys Q1 2025 → Q2 2025
VUG Vanguard Mrngstar GR ETF-Sui Add +89.8% 4.21% +2.00
DFIC Dimensional International Co. Add +27.0% 5.46% +0.94
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +29.4% 4.71% +0.75
VTV Vanguard Mrngstr Val ETF-Aui Add +74.7% 2.09% +0.71
VEA Vanguard Ftse Developed ETF Add +29.9% 2.88% +0.55
VBK Van Morst SML-Cap Gro-Usd Inc. Add +56.1% 1.31% +0.41
DFEM Dimensional Emrg MRKT Core Add +37.0% 1.66% +0.39
VOO Vanguard S&P 500 ETF Add +14.3% 5.69% +0.39
DFSV Dimensional US Small Cap Val Add +26.3% 2.24% +0.24
MSFT Microsoft Corp. Add +2.4% 1.71% +0.23
VB Vanguard Most SM-Cap ETF-Usd Add +17.3% 2.67% +0.16
VBR Vngrd Mrngst SL-CP Val ETF-U Add +57.6% 0.48% +0.14
ADM Archer-Daniels-Midland Co. New 0.09% +0.09
VWO Vanguard Ftse Emerging Marke Add +16.9% 1.07% +0.08
AVGO Broadcom Inc. Add +1.6% 0.20% +0.06
TSM Taiwan Semiconductor-SP ADR Add +1.6% 0.32% +0.05
AMD Advanced Micro Devices New 0.04% +0.04
BKNG Booking Holdings Inc. New 0.04% +0.04
NFLX Netflix Inc. New 0.04% +0.04
IWO iShares Russell 2000 Growth New 0.04% +0.04
BR Broadridge Financial Solutio New 0.04% +0.04
IWP iShares Russell Mid-Cap Grow New 0.04% +0.04
EMR Emerson Electric Co. New 0.04% +0.04
MELI MercadoLibre Inc. New 0.04% +0.04
ORLY O'reilly Automotive Inc. New 0.04% +0.04
DFGR Dim Global Real Estate ETF Add +25.0% 0.45% +0.04
ORCL Oracle Corp. Add +11.1% 0.09% +0.03
GOOGL Alphabet Inc. Class A Add +19.9% 0.17% +0.02
IEMG iShares Core MSCI Emerging Add +40.6% 0.09% +0.02
RTX RTX Corp. Add +23.2% 0.05% +0.01
TJX TJX Companies Inc. Add +26.0% 0.07% +0.01
ADI Analog Devices Inc. Add +2.4% 0.15% +0.00
IBM Intl Business Machines Corp. Add +0.5% 0.28% +0.00
GD General Dynamics Corp. Add +15.8% 0.07% +0.00
RY Royal Bank of Canada Add +0.3% 0.59% −0.00
CSCO Cisco Systems Inc. Add +0.8% 0.09% −0.00
CNI Canadian Natl Railway Co. Add +4.7% 0.09% −0.01
COST Costco Wholesale Corp. Add +6.7% 0.11% −0.01
ITW Illinois Tool Works Add +6.2% 0.07% −0.01
DHR Danaher Corp. Add +2.2% 0.04% −0.01
SYY Sysco Corp. Add +3.0% 0.07% −0.01
MA Mastercard Inc. Class A Add +3.0% 0.08% −0.01
APD Air Products & Chemicals Inc. Add +7.6% 0.07% −0.01
KO The Coca-Cola Co. Add +4.6% 0.07% −0.01
WM Waste Management Inc. Add +4.3% 0.07% −0.01
SO The Southern Co. Add +1.8% 0.07% −0.01
TGT Target Corp. Add +2.3% 0.06% −0.01
CVX Chevron Corp. Add +6.0% 0.06% −0.02
WMT Walmart Inc. Add +0.4% 0.38% −0.02
ABT Abbott Laboratories Add +5.2% 0.23% −0.02

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