Trust Co of the South

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 2, 2025), Trust Co of the South reported 133 stock positions worth $602.7 million. Its top holding was Dimensional US Target Value (DFAT) at 17.2% of the portfolio, followed by Dimensional US Marketwide Va (DFUV, 13.1%) and Dimensional US Core Equity 2 (DFAC, 8.4%). Compared with Q2 2025, it opened 8 new positions, sold out of 3, added to 49 and reduced 33. The biggest buy was Apple (AAPL, shares +5%) and the biggest sale SS SPDR S&P 500 ETF Trust-US (SPY, shares −54%).

Most Recent 13F
Q2 2026
Location
GREENSBORO, NC
CIK
0002008165
Portfolio Value
$602.7M (Q3 2025)
SEC Filing
0002008165-25-000006 ↗ filed Oct 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 Q4 2024 Q1 2025: $478.6M Q1 2025 Q2 2025: $563.3M Q2 2025 Q3 2025: $602.7M $602.7M Q3 2025 Q4 2025: $621.8M Q4 2025 Q1 2026: $621.9M Q1 2026 Q2 2026: $710.2M Q2 2026

Holdings 133 stocks · $602.7M
DFAT Dimensional US Target Value 17.18% 1,779,073 $103.6M Reduce -0.9%
DFUV Dimensional US Marketwide Va 13.14% 1,771,785 $79.2M Reduce -0.7%
DFAC Dimensional US Core Equity 2 8.39% 1,311,123 $50.6M Add +0.1%
VOO Vanguard S&P 500 ETF 5.77% 56,762 $34.8M Add +0.6%
DFIC Dimensional International Co. 5.51% 1,012,673 $33.2M Add +2.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 4.62% 94,714 $27.8M No change
VUG Vanguard Mrngstar GR ETF-Sui 4.37% 54,874 $26.3M Add +1.3%
AAPL Apple Inc. 3.80% 90,001 $22.9M Add +4.8%
VEA Vanguard Ftse Developed ETF 2.83% 284,345 $17.0M Reduce 0.0%
VB Vanguard Most SM-Cap ETF-Usd 2.67% 63,362 $16.1M No change
DFSV Dimensional US Small Cap Val 2.33% 440,344 $14.0M Add +2.6%
VTV Vanguard Mrngstr Val ETF-Aui 2.06% 66,655 $12.4M No change
DFAX Dimensional World Ex US Core 2.00% 383,935 $12.0M Reduce -1.8%
LOB Live Oak Bancshares Inc. 1.93% 330,000 $11.6M No change
DFEM Dimensional Emrg MRKT Core 1.72% 322,829 $10.4M Add +2.3%
MSFT Microsoft Corp. 1.65% 19,203 $9.9M Reduce -0.6%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.35% 27,301 $8.1M Add +2.4%
VWO Vanguard Ftse Emerging Marke 1.09% 121,727 $6.6M No change
BRK.B Berkshire Hathaway Inc. Class B 1.08% 12,997 $6.5M Add +0.1%
IVV iShares Core S&P 500 ETF 0.75% 6,727 $4.5M No change
RY Royal Bank of Canada 0.61% 25,100 $3.7M Reduce -0.1%
NCNO Ncino Inc. 0.59% 131,722 $3.6M No change
AMZN Amazon.com Inc. 0.56% 15,421 $3.4M Add +8.9%
SPY SS SPDR S&P 500 ETF Trust-US 0.55% 4,945 $3.3M Reduce -54.1%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.48% 13,928 $2.9M No change
IWF iShares Russell 1000 Growth 0.43% 5,560 $2.6M Reduce -0.1%
DFGR Dim Global Real Estate ETF 0.39% 87,016 $2.4M Reduce -7.4%
V Visa Inc. Class A 0.39% 6,944 $2.4M Add +0.5%
WMT Walmart Inc. 0.39% 22,877 $2.4M Add +3.4%
TSM Taiwan Semiconductor-SP ADR 0.37% 7,914 $2.2M Reduce -0.1%
GOOG Alphabet Inc. Class C 0.36% 8,800 $2.1M Add +0.6%
JPM JPMorgan Chase & Co. 0.33% 6,372 $2.0M Add +2.3%
NVDA Nvidia Corp. 0.33% 10,626 $2.0M Add +63.5%
JNJ Johnson & Johnson 0.31% 9,938 $1.8M Add +0.4%
HD Home Depot Inc. 0.28% 4,237 $1.7M Add +12.2%
FCNCA First Citizens Bcshs Class A 0.28% 947 $1.7M No change
SCZ iShares MSCI Eafe Small-Cap 0.27% 21,035 $1.6M No change
ABBV Abbvie Inc. 0.26% 6,664 $1.5M Add +11.5%
LOW Lowe's Cos Inc. 0.24% 5,806 $1.5M Reduce -6.3%
COST Costco Wholesale Corp. 0.24% 1,541 $1.4M Add +140.4%
PG The Procter & Gamble Co. 0.23% 8,924 $1.4M Add +13.4%
META Meta Platforms Inc. Class A 0.23% 1,850 $1.4M Add +0.8%
AVGO Broadcom Inc. 0.22% 4,075 $1.3M Reduce -0.2%
ABT Abbott Laboratories 0.22% 9,892 $1.3M Add +4.6%
FNB FNB Corp. 0.22% 81,703 $1.3M No change
GOOGL Alphabet Inc. Class A 0.22% 5,386 $1.3M Reduce -0.6%
IWD iShares Russell 1000 Value E 0.20% 6,000 $1.2M Reduce -1.3%
TFC Truist Financial Corp. 0.19% 25,600 $1.2M Reduce -4.2%
XOM Exxon Mobil Corp. 0.18% 9,486 $1.1M Reduce -32.7%
ADP Automatic Data Processing 0.17% 3,429 $1.0M Add +10.0%
MRK Merck & Co. Inc. 0.16% 11,717 $983K Reduce -54.5%
DUK Duke Energy Corp. 0.16% 7,773 $962K Add +2.9%
GE General Electric filed as GE AEROSPACE 0.15% 3,005 $904K Reduce -49.4%
ADI Analog Devices Inc. 0.14% 3,513 $863K Reduce -0.3%
ACN Accenture PLC Class A 0.14% 3,492 $861K Reduce -15.1%
LLY Eli Lilly & Co. 0.14% 1,086 $829K Add +21.3%
MCD McDonald's Corp. 0.14% 2,723 $827K Add +4.4%
EFA iShares MSCI Eafe ETF 0.13% 8,270 $772K No change
UNH Unitedhealth Group Inc. 0.13% 2,190 $756K Reduce -12.0%
ORCL Oracle Corp. 0.13% 2,688 $756K Add +14.5%
EEMS iShares MSCI Emerging MKT SM 0.12% 10,395 $706K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.11% 2,437 $688K Reduce -53.8%
IVW iShares S&P 500 Growth ETF 0.11% 5,545 $669K Reduce -7.9%
PAYX Paychex Inc. 0.11% 5,108 $647K Add +5.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.11% 12,442 $642K Add +5.3%
PEP Pepsico Inc. 0.10% 4,469 $628K Reduce -23.0%
VSS Vanguard Ftse All Wo X-US SC 0.10% 4,270 $609K No change
SON Sonoco Products Co. 0.10% 14,076 $607K No change
IEMG iShares Core MSCI Emerging 0.10% 9,016 $594K Add +5.5%
PRF Invesco Rafi US 1000 ETF 0.09% 12,650 $572K No change
IWR iShares Russell Mid-Cap ETF 0.09% 5,669 $547K Reduce -3.6%
QQQ Invesco QQQ Trust Series 1 0.09% 909 $546K No change
CSCO Cisco Systems Inc. 0.09% 7,923 $542K Add +8.6%
USMV iShares MSCI USA Min Vol Fac 0.08% 5,195 $494K No change
KO The Coca-Cola Co. 0.08% 7,429 $493K Add +28.6%
MA Mastercard Inc. Class A 0.08% 854 $486K Add +0.9%
STT State Street Corp. 0.08% 4,117 $478K No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.08% 6,079 $476K No change
WM Waste Management Inc. 0.08% 2,148 $474K Add +18.4%
SO The Southern Co. 0.08% 4,957 $470K Add +11.8%
CNI Canadian Natl Railway Co. 0.08% 4,941 $466K Reduce -3.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.07% 3,109 $449K Add +0.5%
AXP American Express Co. 0.07% 1,336 $444K No change
CVX Chevron Corp. 0.07% 2,759 $428K Add +14.8%
RTX RTX Corp. 0.07% 2,504 $419K Add +19.4%
MTUM iShares MSCI USA Momentum Fa 0.07% 1,600 $410K No change
ITW Illinois Tool Works 0.07% 1,570 $409K No change
SYY Sysco Corp. 0.07% 4,849 $399K No change
PH Parker Hannifin Corp. 0.07% 524 $397K Reduce -17.5%
AGG iShares Core U.S. Aggregate 0.07% 3,958 $397K No change
SCHW Schwab (charles) Corp. 0.07% 4,146 $396K Add +1.4%
GD General Dynamics Corp. 0.07% 1,151 $392K Reduce -9.2%
BDX Becton Dickinson and Co. 0.06% 2,077 $389K Reduce -1.8%
MMM 3M Co. 0.06% 2,501 $388K Add +30.5%
TGTX TG Therapeutics Inc. 0.06% 10,600 $383K No change
LHX L3HARRIS Technologies Inc. 0.06% 1,210 $370K No change
APD Air Products & Chemicals Inc. 0.06% 1,353 $369K Reduce -3.0%
PFE Pfizer Inc. 0.06% 14,368 $366K Reduce -51.1%
ITIC Investors Title Co. 0.06% 1,362 $365K No change
AMGN Amgen Inc. 0.06% 1,290 $364K Add +58.1%
VMC Vulcan Materials Co. 0.06% 1,146 $353K No change
TGT Target Corp. 0.06% 3,783 $339K Add +4.9%
KMB Kimberly-Clark Corp. 0.06% 2,675 $333K No change
CMS CMS Energy Corp. 0.05% 4,404 $323K No change
SCHG Schwab US Large-Cap Growth 0.05% 9,920 $317K No change
IEFA iShares Core MSCI Eafe ETF 0.05% 3,617 $316K No change
HLT Hilton Worldwide Holdings Inc. 0.05% 1,164 $302K No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 2,586 $296K Add +6.2%
NEE Nextera Energy Inc. 0.05% 3,728 $281K Add +8.6%
CME Cme Group Inc. 0.05% 1,034 $279K No change
AMAT Applied Materials Inc. 0.05% 1,342 $275K New
PM Philip Morris International 0.05% 1,680 $272K Add +8.0%
CMG Chipotle Mexican Grill Inc. 0.04% 6,716 $263K Add +1.0%
MFC Manulife Financial Corp. 0.04% 8,330 $259K No change
AMD Advanced Micro Devices 0.04% 1,603 $259K No change
IWO iShares Russell 2000 Growth 0.04% 775 $248K No change
TER Teradyne Inc. 0.04% 1,800 $248K New
GLW Corning Inc. 0.04% 3,000 $246K New
ORLY O'reilly Automotive Inc. 0.04% 2,266 $244K Add +2.1%
VTI VG Morningstar TS MKT ETF-US 0.04% 703 $231K New
IJR iShares Core S&P Small-Cap E 0.04% 1,934 $230K Reduce -0.3%
IJH iShares Core S&P Midcap ETF 0.04% 3,492 $228K No change
DHR Danaher Corp. 0.04% 1,127 $223K Reduce -2.2%
EFX Equifax Inc. 0.04% 870 $223K Add +1.9%
IWP iShares Russell Mid-Cap Grow 0.04% 1,559 $222K No change
NOC Northrop Grumman Corp. 0.04% 358 $218K New
BR Broadridge Financial Solutio 0.04% 895 $213K No change
IJS iShares S&P Small-Cap 600 Va 0.04% 1,920 $212K New
BKNG Booking Holdings Inc. 0.03% 39 $211K No change
VIG Vanguard Dividend Apprec ETF 0.03% 975 $210K New
EMR Emerson Electric Co. 0.03% 1,597 $209K No change
AFL Aflac Inc. 0.03% 1,847 $206K New
NFLX Netflix Inc. 0.03% 169 $203K Add +1.2%

Portfolio Sells Q2 2025 → Q3 2025
SPY SS SPDR S&P 500 ETF Trust-US Reduce -54.1% 0.55% −0.64
DFUV Dimensional US Marketwide Va Reduce -0.7% 13.14% −0.26
MRK Merck & Co. Inc. Reduce -54.5% 0.16% −0.20
IBM Intl Business Machines Corp. Reduce -53.8% 0.11% −0.16
GE General Electric Reduce -49.4% 0.15% −0.12
XOM Exxon Mobil Corp. Reduce -32.7% 0.18% −0.09
ADM Archer-Daniels-Midland Co. Sold out 0.00% −0.09
ACN Accenture PLC Class A Reduce -15.1% 0.14% −0.08
PFE Pfizer Inc. Reduce -51.1% 0.06% −0.07
MSFT Microsoft Corp. Reduce -0.6% 1.65% −0.06
DFGR Dim Global Real Estate ETF Reduce -7.4% 0.39% −0.05
VEA Vanguard Ftse Developed ETF Reduce 0.0% 2.83% −0.05
DFAX Dimensional World Ex US Core Reduce -1.8% 2.00% −0.04
GIS General Mills Inc. Sold out 0.00% −0.04
MELI MercadoLibre Inc. Sold out 0.00% −0.04
PEP Pepsico Inc. Reduce -23.0% 0.10% −0.03
DFAT Dimensional US Target Value Reduce -0.9% 17.18% −0.02
CNI Canadian Natl Railway Co. Reduce -3.1% 0.08% −0.02
PH Parker Hannifin Corp. Reduce -17.5% 0.07% −0.01
UNH Unitedhealth Group Inc. Reduce -12.0% 0.13% −0.01
TFC Truist Financial Corp. Reduce -4.2% 0.19% −0.01
APD Air Products & Chemicals Inc. Reduce -3.0% 0.06% −0.01
IWD iShares Russell 1000 Value E Reduce -1.3% 0.20% −0.01
IVW iShares S&P 500 Growth ETF Reduce -7.9% 0.11% −0.01
ADI Analog Devices Inc. Reduce -0.3% 0.14% −0.01
IWR iShares Russell Mid-Cap ETF Reduce -3.6% 0.09% −0.01
DHR Danaher Corp. Reduce -2.2% 0.04% −0.00
LOW Lowe's Cos Inc. Reduce -6.3% 0.24% −0.00
GD General Dynamics Corp. Reduce -9.2% 0.07% −0.00
BDX Becton Dickinson and Co. Reduce -1.8% 0.06% −0.00
IJR iShares Core S&P Small-Cap E Reduce -0.3% 0.04% +0.00
IWF iShares Russell 1000 Growth Reduce -0.1% 0.43% +0.01
AVGO Broadcom Inc. Reduce -0.2% 0.22% +0.02
RY Royal Bank of Canada Reduce -0.1% 0.61% +0.03
GOOGL Alphabet Inc. Class A Reduce -0.6% 0.22% +0.05
TSM Taiwan Semiconductor-SP ADR Reduce -0.1% 0.37% +0.05

Portfolio Buys Q2 2025 → Q3 2025
AAPL Apple Inc. Add +4.8% 3.80% +0.67
VUG Vanguard Mrngstar GR ETF-Sui Add +1.3% 4.37% +0.15
NVDA Nvidia Corp. Add +63.5% 0.33% +0.15
COST Costco Wholesale Corp. Add +140.4% 0.24% +0.12
DFSV Dimensional US Small Cap Val Add +2.6% 2.33% +0.08
GOOG Alphabet Inc. Class C Add +0.6% 0.36% +0.08
VOO Vanguard S&P 500 ETF Add +0.6% 5.77% +0.08
ABBV Abbvie Inc. Add +11.5% 0.26% +0.06
DFEM Dimensional Emrg MRKT Core Add +2.3% 1.72% +0.05
DFAC Dimensional US Core Equity 2 Add +0.1% 8.39% +0.05
DFIC Dimensional International Co. Add +2.4% 5.51% +0.05
AMAT Applied Materials Inc. New 0.05% +0.05
TER Teradyne Inc. New 0.04% +0.04
GLW Corning Inc. New 0.04% +0.04
HD Home Depot Inc. Add +12.2% 0.28% +0.04
VTI VG Morningstar TS MKT ETF-US New 0.04% +0.04
JNJ Johnson & Johnson Add +0.4% 0.31% +0.04
VBK Van Morst SML-Cap Gro-Usd Inc. Add +2.4% 1.35% +0.04
NOC Northrop Grumman Corp. New 0.04% +0.04
IJS iShares S&P Small-Cap 600 Va New 0.04% +0.04
VIG Vanguard Dividend Apprec ETF New 0.03% +0.03
ORCL Oracle Corp. Add +14.5% 0.13% +0.03
AFL Aflac Inc. New 0.03% +0.03
AMGN Amgen Inc. Add +58.1% 0.06% +0.02
RTX RTX Corp. Add +19.4% 0.07% +0.02
LLY Eli Lilly & Co. Add +21.3% 0.14% +0.01
JPM JPMorgan Chase & Co. Add +2.3% 0.33% +0.01
MMM 3M Co. Add +30.5% 0.06% +0.01
AMZN Amazon.com Inc. Add +8.9% 0.56% +0.01
CVX Chevron Corp. Add +14.8% 0.07% +0.01
KO The Coca-Cola Co. Add +28.6% 0.08% +0.01
IEMG iShares Core MSCI Emerging Add +5.5% 0.10% +0.01
BAC Bank of America Corp. Add +5.3% 0.11% +0.01
WMT Walmart Inc. Add +3.4% 0.39% +0.01
TJX TJX Companies Inc. Add +0.5% 0.07% +0.01
SO The Southern Co. Add +11.8% 0.08% +0.01
ORLY O'reilly Automotive Inc. Add +2.1% 0.04% +0.01
WM Waste Management Inc. Add +18.4% 0.08% +0.01
PG The Procter & Gamble Co. Add +13.4% 0.23% +0.00
NEE Nextera Energy Inc. Add +8.6% 0.05% +0.00
MCD McDonald's Corp. Add +4.4% 0.14% +0.00
DUK Duke Energy Corp. Add +2.9% 0.16% +0.00
CSCO Cisco Systems Inc. Add +8.6% 0.09% +0.00
SCHW Schwab (charles) Corp. Add +1.4% 0.07% −0.00
EFX Equifax Inc. Add +1.9% 0.04% −0.00
ADP Automatic Data Processing Add +10.0% 0.17% −0.00
MA Mastercard Inc. Class A Add +0.9% 0.08% −0.00
DIS The Walt Disney Co. Add +6.2% 0.05% −0.00
PM Philip Morris International Add +8.0% 0.05% −0.01
NFLX Netflix Inc. Add +1.2% 0.03% −0.01

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