Trust Co of the South

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 5, 2026), Trust Co of the South reported 136 stock positions worth $621.8 million. Its top holding was Dimensional US Target Value (DFAT) at 17.4% of the portfolio, followed by Dimensional US Marketwide Va (DFUV, 13.2%) and Dimensional US Core Equity 2 (DFAC, 8.2%). Compared with Q3 2025, it opened 11 new positions, sold out of 8, added to 46 and reduced 48. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +20%) and the biggest sale Live Oak Bancshares (LOB, shares −49%).

Most Recent 13F
Q2 2026
Location
GREENSBORO, NC
CIK
0002008165
Portfolio Value
$621.8M (Q4 2025)
SEC Filing
0002008165-26-000001 ↗ filed Jan 5, 2026

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 Q3 2025 Q4 2025: $621.8M $621.8M Q4 2025 Q1 2026: $621.9M Q1 2026 Q2 2026: $710.2M Q2 2026

Holdings 136 stocks · $621.8M
DFAT Dimensional US Target Value 17.43% 1,820,738 $108.4M Add +2.3%
DFUV Dimensional US Marketwide Va 13.20% 1,762,073 $82.1M Reduce -0.6%
DFAC Dimensional US Core Equity 2 8.21% 1,289,418 $51.0M Reduce -1.7%
VOO Vanguard S&P 500 ETF 6.85% 67,910 $42.6M Add +19.6%
DFIC Dimensional International Co. 5.60% 1,010,777 $34.8M Reduce -0.2%
VUG Vanguard Mrngstar GR ETF-Sui 4.38% 55,781 $27.2M Add +1.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd 4.32% 92,477 $26.8M Reduce -2.4%
AAPL Apple Inc. 4.09% 93,485 $25.4M Add +3.9%
VEA Vanguard Ftse Developed ETF 2.73% 271,544 $17.0M Reduce -4.5%
VB Vanguard Most SM-Cap ETF-Usd 2.43% 58,550 $15.1M Reduce -7.6%
DFSV Dimensional US Small Cap Val 2.36% 446,272 $14.7M Add +1.4%
VTV Vanguard Mrngstr Val ETF-Aui 2.01% 65,600 $12.5M Reduce -1.6%
DFAX Dimensional World Ex US Core 1.92% 364,272 $11.9M Reduce -5.1%
DFEM Dimensional Emrg MRKT Core 1.75% 329,869 $10.9M Add +2.2%
MSFT Microsoft Corp. 1.52% 19,533 $9.4M Add +1.7%
VBK Van Morst SML-Cap Gro-Usd Inc. 1.36% 28,063 $8.5M Add +2.8%
BRK.B Berkshire Hathaway Inc. Class B 1.05% 13,035 $6.6M Add +0.3%
VWO Vanguard Ftse Emerging Marke 0.97% 111,752 $6.0M Reduce -8.2%
LOB Live Oak Bancshares Inc. 0.93% 167,500 $5.8M Reduce -49.2%
IVV iShares Core S&P 500 ETF 0.82% 7,464 $5.1M Add +11.0%
RY Royal Bank of Canada 0.74% 26,873 $4.6M Add +7.1%
AMZN Amazon.com Inc. 0.61% 16,320 $3.8M Add +5.8%
SPY SS SPDR S&P 500 ETF Trust-US 0.53% 4,835 $3.3M Reduce -2.2%
WMT Walmart Inc. 0.50% 27,915 $3.1M Add +22.0%
GOOG Alphabet Inc. Class C 0.46% 9,061 $2.8M Add +3.0%
IWF iShares Russell 1000 Growth 0.42% 5,560 $2.6M No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.42% 12,402 $2.6M Reduce -11.0%
V Visa Inc. Class A 0.40% 7,029 $2.5M Add +1.2%
JPM JPMorgan Chase & Co. 0.39% 7,575 $2.4M Add +18.9%
TSM Taiwan Semiconductor-SP ADR 0.39% 7,914 $2.4M No change
AVGO Broadcom Inc. 0.36% 6,508 $2.3M Add +59.7%
FCNCA First Citizens Bcshs Class A 0.33% 947 $2.0M No change
NCNO Ncino Inc. 0.32% 77,722 $2.0M Reduce -41.0%
JNJ Johnson & Johnson 0.31% 9,370 $1.9M Reduce -5.7%
ABBV Abbvie Inc. 0.30% 8,147 $1.9M Add +22.3%
DUK Duke Energy Corp. 0.29% 15,397 $1.8M Add +98.1%
GOOGL Alphabet Inc. Class A 0.27% 5,386 $1.7M No change
NVDA Nvidia Corp. 0.26% 8,781 $1.6M Reduce -17.4%
SCZ iShares MSCI Eafe Small-Cap 0.26% 21,035 $1.6M No change
TFC Truist Financial Corp. 0.25% 32,136 $1.6M Add +25.5%
HD Home Depot Inc. 0.25% 4,497 $1.5M Add +6.1%
META Meta Platforms Inc. Class A 0.24% 2,303 $1.5M Add +24.5%
PG The Procter & Gamble Co. 0.23% 9,985 $1.4M Add +11.9%
LOW Lowe's Cos Inc. 0.22% 5,545 $1.3M Reduce -4.5%
ABT Abbott Laboratories 0.21% 10,650 $1.3M Add +7.7%
IWD iShares Russell 1000 Value E 0.20% 6,000 $1.3M No change
DFGR Dim Global Real Estate ETF 0.20% 47,633 $1.3M Reduce -45.3%
XOM Exxon Mobil Corp. 0.20% 10,366 $1.2M Add +9.3%
MCD McDonald's Corp. 0.18% 3,606 $1.1M Add +32.4%
MRK Merck & Co. Inc. 0.17% 10,338 $1.1M Reduce -11.8%
AGG iShares Core U.S. Aggregate 0.17% 10,725 $1.1M Add +171.0%
ADI Analog Devices Inc. 0.16% 3,583 $972K Add +2.0%
GE General Electric filed as GE AEROSPACE 0.15% 2,930 $902K Reduce -2.5%
KO The Coca-Cola Co. 0.14% 12,503 $874K Add +68.3%
IVW iShares S&P 500 Growth ETF 0.14% 7,083 $873K Add +27.7%
LLY Eli Lilly & Co. 0.14% 796 $855K Reduce -26.7%
ACN Accenture PLC Class A 0.14% 3,181 $853K Reduce -8.9%
ADP Automatic Data Processing 0.13% 3,116 $802K Reduce -9.1%
EFA iShares MSCI Eafe ETF 0.13% 8,270 $794K No change
ITOT iShares Core S&P Total U.S. 0.11% 4,763 $708K New
EEMS iShares MSCI Emerging MKT SM 0.11% 10,395 $701K No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.11% 11,916 $655K Reduce -4.2%
LHX L3HARRIS Technologies Inc. 0.10% 2,225 $653K Add +83.9%
IEFA iShares Core MSCI Eafe ETF 0.10% 7,175 $642K Add +98.4%
COST Costco Wholesale Corp. 0.10% 737 $636K Reduce -52.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.10% 2,069 $613K Reduce -15.1%
VSS Vanguard Ftse All Wo X-US SC 0.10% 4,270 $612K No change
IEMG iShares Core MSCI Emerging 0.10% 9,016 $606K No change
SON Sonoco Products Co. 0.10% 13,778 $601K Reduce -2.1%
PRF Invesco Rafi US 1000 ETF 0.10% 12,650 $594K No change
IWR iShares Russell Mid-Cap ETF 0.10% 6,145 $592K Add +8.4%
UNH Unitedhealth Group Inc. 0.09% 1,744 $576K Reduce -20.4%
PAYX Paychex Inc. 0.09% 4,754 $533K Reduce -6.9%
STT State Street Corp. 0.09% 4,117 $531K No change
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.08% 1,647 $518K New
GD General Dynamics Corp. 0.08% 1,477 $497K Add +28.3%
AXP American Express Co. 0.08% 1,336 $494K No change
RTX RTX Corp. 0.08% 2,694 $494K Add +7.6%
USMV iShares MSCI USA Min Vol Fac 0.08% 5,195 $489K No change
CNI Canadian Natl Railway Co. 0.08% 4,941 $488K No change
SPYM Ste STR SPDR PT S&P 500 ETF 0.08% 6,079 $488K No change
MA Mastercard Inc. Class A 0.08% 834 $476K Reduce -2.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.08% 3,082 $473K Reduce -0.9%
CVX Chevron Corp. 0.08% 3,075 $469K Add +11.4%
PH Parker Hannifin Corp. 0.07% 524 $461K No change
ORCL Oracle Corp. 0.07% 2,284 $445K Reduce -15.0%
QQQ Invesco QQQ Trust Series 1 0.07% 709 $436K Reduce -22.0%
WM Waste Management Inc. 0.07% 1,960 $431K Reduce -8.8%
BDX Becton Dickinson and Co. 0.06% 2,077 $403K No change
MTUM iShares MSCI USA Momentum Fa 0.06% 1,600 $400K No change
CB Chubb Ltd. 0.06% 1,272 $397K New
ITW Illinois Tool Works 0.06% 1,570 $387K No change
PEP Pepsico Inc. 0.06% 2,643 $379K Reduce -40.9%
VRTX Vertex Pharmaceuticals Inc. 0.06% 834 $378K New
CSCO Cisco Systems Inc. 0.06% 4,896 $377K Reduce -38.2%
AMD Advanced Micro Devices 0.06% 1,721 $369K Add +7.4%
HLT Hilton Worldwide Holdings Inc. 0.06% 1,237 $355K Add +6.3%
NEE Nextera Energy Inc. 0.06% 4,395 $353K Add +17.9%
AMGN Amgen Inc. 0.06% 1,065 $349K Reduce -17.4%
CME Cme Group Inc. 0.06% 1,265 $345K Add +22.3%
SO The Southern Co. 0.06% 3,932 $343K Reduce -20.7%
ITIC Investors Title Co. 0.05% 1,362 $340K No change
IJH iShares Core S&P Midcap ETF 0.05% 5,146 $340K Add +47.4%
PFE Pfizer Inc. 0.05% 13,262 $330K Reduce -7.7%
APD Air Products & Chemicals Inc. 0.05% 1,319 $326K Reduce -2.5%
SCHG Schwab US Large-Cap Growth 0.05% 9,920 $324K No change
MSI Motorola Solutions Inc. 0.05% 831 $319K New
MFC Manulife Financial Corp. 0.05% 8,764 $318K Add +5.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.05% 2,786 $317K Add +7.7%
TGTX TG Therapeutics Inc. 0.05% 10,600 $316K No change
VMC Vulcan Materials Co. 0.05% 1,107 $316K Reduce -3.4%
CMS CMS Energy Corp. 0.05% 4,404 $308K No change
MMM 3M Co. 0.05% 1,917 $307K Reduce -23.4%
DOV Dover Corp. 0.05% 1,506 $294K New
AFL Aflac Inc. 0.05% 2,647 $292K Add +43.3%
TGT Target Corp. 0.05% 2,904 $284K Reduce -23.2%
VIG Vanguard Dividend Apprec ETF 0.04% 1,231 $271K Add +26.3%
UNP Union Pacific Corp. 0.04% 1,167 $270K New
SPGI S&P Global Inc. 0.04% 505 $264K New
MPC Marathon Petroleum Corp. 0.04% 1,617 $263K New
GLW Corning Inc. 0.04% 3,000 $263K No change
IWO iShares Russell 2000 Growth 0.04% 775 $250K No change
PM Philip Morris International 0.04% 1,556 $250K Reduce -7.4%
CMG Chipotle Mexican Grill Inc. 0.04% 6,716 $248K No change
KMB Kimberly-Clark Corp. 0.04% 2,400 $242K Reduce -10.3%
IJR iShares Core S&P Small-Cap E 0.04% 1,983 $238K Add +2.5%
SCHW Schwab (charles) Corp. 0.04% 2,368 $237K Reduce -42.9%
WFC Wells Fargo & Co. 0.04% 2,530 $236K New
SYY Sysco Corp. 0.04% 3,029 $223K Reduce -37.5%
TMO Thermo Fisher Scientific Inc. 0.04% 382 $221K New
IJS iShares S&P Small-Cap 600 Va 0.04% 1,920 $218K No change
IWP iShares Russell Mid-Cap Grow 0.03% 1,559 $213K No change
EMR Emerson Electric Co. 0.03% 1,597 $212K No change
BKNG Booking Holdings Inc. 0.03% 39 $209K No change
ORLY O'reilly Automotive Inc. 0.03% 2,265 $207K Reduce -0.0%
AMAT Applied Materials Inc. 0.03% 791 $203K Reduce -41.1%

Portfolio Sells Q3 2025 → Q4 2025
LOB Live Oak Bancshares Inc. Reduce -49.2% 0.93% −1.00
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -2.4% 4.32% −0.30
NCNO Ncino Inc. Reduce -41.0% 0.32% −0.27
VB Vanguard Most SM-Cap ETF-Usd Reduce -7.6% 2.43% −0.24
FNB FNB Corp. Sold out 0.00% −0.22
DFGR Dim Global Real Estate ETF Reduce -45.3% 0.20% −0.19
DFAC Dimensional US Core Equity 2 Reduce -1.7% 8.21% −0.18
COST Costco Wholesale Corp. Reduce -52.2% 0.10% −0.13
VWO Vanguard Ftse Emerging Marke Reduce -8.2% 0.97% −0.13
VEA Vanguard Ftse Developed ETF Reduce -4.5% 2.73% −0.10
DFAX Dimensional World Ex US Core Reduce -5.1% 1.92% −0.08
NVDA Nvidia Corp. Reduce -17.4% 0.26% −0.07
VBR Vngrd Mrngst SL-CP Val ETF-U Reduce -11.0% 0.42% −0.06
ORCL Oracle Corp. Reduce -15.0% 0.07% −0.05
VTV Vanguard Mrngstr Val ETF-Aui Reduce -1.6% 2.01% −0.05
PEP Pepsico Inc. Reduce -40.9% 0.06% −0.04
TER Teradyne Inc. Sold out 0.00% −0.04
VTI VG Morningstar TS MKT ETF-US Sold out 0.00% −0.04
ADP Automatic Data Processing Reduce -9.1% 0.13% −0.04
DHR Danaher Corp. Sold out 0.00% −0.04
EFX Equifax Inc. Sold out 0.00% −0.04
NOC Northrop Grumman Corp. Sold out 0.00% −0.04
BR Broadridge Financial Solutio Sold out 0.00% −0.04
NFLX Netflix Inc. Sold out 0.00% −0.03
UNH Unitedhealth Group Inc. Reduce -20.4% 0.09% −0.03
SYY Sysco Corp. Reduce -37.5% 0.04% −0.03
CSCO Cisco Systems Inc. Reduce -38.2% 0.06% −0.03
SCHW Schwab (charles) Corp. Reduce -42.9% 0.04% −0.03
LOW Lowe's Cos Inc. Reduce -4.5% 0.22% −0.03
SO The Southern Co. Reduce -20.7% 0.06% −0.02
PAYX Paychex Inc. Reduce -6.9% 0.09% −0.02
QQQ Invesco QQQ Trust Series 1 Reduce -22.0% 0.07% −0.02
SPY SS SPDR S&P 500 ETF Trust-US Reduce -2.2% 0.53% −0.02
KMB Kimberly-Clark Corp. Reduce -10.3% 0.04% −0.02
IBM Intl Business Machines Corp. Reduce -15.1% 0.10% −0.02
MMM 3M Co. Reduce -23.4% 0.05% −0.01
AMAT Applied Materials Inc. Reduce -41.1% 0.03% −0.01
TGT Target Corp. Reduce -23.2% 0.05% −0.01
WM Waste Management Inc. Reduce -8.8% 0.07% −0.01
APD Air Products & Chemicals Inc. Reduce -2.5% 0.05% −0.01
VMC Vulcan Materials Co. Reduce -3.4% 0.05% −0.01
PFE Pfizer Inc. Reduce -7.7% 0.05% −0.01
ORLY O'reilly Automotive Inc. Reduce -0.0% 0.03% −0.01
ACN Accenture PLC Class A Reduce -8.9% 0.14% −0.01
PM Philip Morris International Reduce -7.4% 0.04% −0.01
GE General Electric Reduce -2.5% 0.15% −0.00
AMGN Amgen Inc. Reduce -17.4% 0.06% −0.00
MA Mastercard Inc. Class A Reduce -2.3% 0.08% −0.00
SON Sonoco Products Co. Reduce -2.1% 0.10% −0.00
BAC Bank of America Corp. Reduce -4.2% 0.11% −0.00

Portfolio Buys Q3 2025 → Q4 2025
VOO Vanguard S&P 500 ETF Add +19.6% 6.85% +1.08
AAPL Apple Inc. Add +3.9% 4.09% +0.28
DFAT Dimensional US Target Value Add +2.3% 17.43% +0.25
AVGO Broadcom Inc. Add +59.7% 0.36% +0.14
DUK Duke Energy Corp. Add +98.1% 0.29% +0.13
RY Royal Bank of Canada Add +7.1% 0.74% +0.12
ITOT iShares Core S&P Total U.S. New 0.11% +0.11
WMT Walmart Inc. Add +22.0% 0.50% +0.11
AGG iShares Core U.S. Aggregate Add +171.0% 0.17% +0.11
GOOG Alphabet Inc. Class C Add +3.0% 0.46% +0.10
VV Vngrd Mrgstr LRG-Cap ETF-Usd New 0.08% +0.08
IVV iShares Core S&P 500 ETF Add +11.0% 0.82% +0.08
CB Chubb Ltd. New 0.06% +0.06
VRTX Vertex Pharmaceuticals Inc. New 0.06% +0.06
TFC Truist Financial Corp. Add +25.5% 0.25% +0.06
JPM JPMorgan Chase & Co. Add +18.9% 0.39% +0.06
KO The Coca-Cola Co. Add +68.3% 0.14% +0.06
MSI Motorola Solutions Inc. New 0.05% +0.05
IEFA iShares Core MSCI Eafe ETF Add +98.4% 0.10% +0.05
DOV Dover Corp. New 0.05% +0.05
AMZN Amazon.com Inc. Add +5.8% 0.61% +0.04
LHX L3HARRIS Technologies Inc. Add +83.9% 0.10% +0.04
ABBV Abbvie Inc. Add +22.3% 0.30% +0.04
UNP Union Pacific Corp. New 0.04% +0.04
SPGI S&P Global Inc. New 0.04% +0.04
MPC Marathon Petroleum Corp. New 0.04% +0.04
MCD McDonald's Corp. Add +32.4% 0.18% +0.04
WFC Wells Fargo & Co. New 0.04% +0.04
DFEM Dimensional Emrg MRKT Core Add +2.2% 1.75% +0.04
TMO Thermo Fisher Scientific Inc. New 0.04% +0.04
DFSV Dimensional US Small Cap Val Add +1.4% 2.36% +0.03
IVW iShares S&P 500 Growth ETF Add +27.7% 0.14% +0.03
XOM Exxon Mobil Corp. Add +9.3% 0.20% +0.02
META Meta Platforms Inc. Class A Add +24.5% 0.24% +0.02
IJH iShares Core S&P Midcap ETF Add +47.4% 0.05% +0.02
AMD Advanced Micro Devices Add +7.4% 0.06% +0.02
VBK Van Morst SML-Cap Gro-Usd Inc. Add +2.8% 1.36% +0.02
GD General Dynamics Corp. Add +28.3% 0.08% +0.01
ADI Analog Devices Inc. Add +2.0% 0.16% +0.01
AFL Aflac Inc. Add +43.3% 0.05% +0.01
VUG Vanguard Mrngstar GR ETF-Sui Add +1.6% 4.38% +0.01
NEE Nextera Energy Inc. Add +17.9% 0.06% +0.01
RTX RTX Corp. Add +7.6% 0.08% +0.01
CME Cme Group Inc. Add +22.3% 0.06% +0.01
VIG Vanguard Dividend Apprec ETF Add +26.3% 0.04% +0.01
MFC Manulife Financial Corp. Add +5.2% 0.05% +0.01
HLT Hilton Worldwide Holdings Inc. Add +6.3% 0.06% +0.01
CVX Chevron Corp. Add +11.4% 0.08% +0.00
IWR iShares Russell Mid-Cap ETF Add +8.4% 0.10% +0.00
V Visa Inc. Class A Add +1.2% 0.40% +0.00

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