SEC 13F Intelligence

Managers / Q4 2022 · view latest →

American Trust Investment Advisors, LLC

CIK 0001291424 · 67 ETNA ROAD, SUITE 360, LEBANON, NH, 03766 · 603-448-6415

Reported Value
$158M
Q4 2022
Positions
79
Filings on Record
30
2019–present window
Filed
Feb 13, 2023
original filing

Summary

American Trust Investment Advisors, LLC reported $158M in U.S.-listed holdings across 79 positions for Q4 2022.

Its largest position, BRK/B, represents 7.0% of the portfolio.

Compared with Q3 2022, the fund opened 8 new positions and exited 3.

Portfolio Metrics

Turnover
+9.8%
vs prior filed quarter
Top-10 Concentration
+40.6%
share of reported value
Largest Position
+7.0%
Berkshire Hathaway
New / Exited
8 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $113MQ4 ’18Q1 ’19: $130MQ2 ’19: $129MQ3 ’19: $130MQ4 ’19: $137MQ4 ’19Q1 ’20: $99MQ2 ’20: $124MQ3 ’20: $138MQ4 ’20: $162MQ4 ’20Q1 ’21: $171MQ2 ’21: $186MQ3 ’21: $178MQ4 ’21: $201MQ4 ’21Q1 ’22: $195MQ2 ’22: $160MQ3 ’22: $156MQ4 ’22: $158MQ4 ’22Q1 ’23: $166MQ2 ’23: $179MQ3 ’23: $181MQ4 ’23: $192MQ4 ’23Q1 ’24: $210MQ2 ’24: $206MQ3 ’24: $244MQ4 ’24: $244MQ4 ’24Q1 ’25: $239MQ2 ’25: $198MQ3 ’25: $194MQ4 ’25: $187MQ4 ’25Q1 ’26: $181Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 83.8%ADR: 7.8%Other: 4.7%REIT: 2.2%ETP: 1.6%
  • Common Stock · 83.8% · $132M
  • ADR · 7.8% · $12M
  • Other · 4.7% · $7M
  • REIT · 2.2% · $3M
  • ETP · 1.6% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BWXTBWX TECHNOLOGIES INCNEW+49.3K49.3K+$3M$3M
ASMLFASML HOLDING N VNEW+575575+$314,180$314,180
SAPSAP SENEW+3.0K3.0K+$304,926$304,926
WDSWOODSIDE ENERGY GROUP LTDNEW+12.2K12.2K+$296,379$296,379
KTBKONTOOR BRANDS INCNEW+5.5K5.5K+$221,225$221,225
TTENTOTALENERGIES SENEW+3.5K3.5K+$217,280$217,280
CLCOLGATE PALMOLIVE CONEW+2.7K2.7K+$215,885$215,885
PSXPHILLIPS 66NEW+2.0K2.0K+$209,721$209,721

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2022

78 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW7.00%$11M35.7K
2AAPLAPPLE INChistory →COM5.75%$9M69.7K
3CEGCONSTELLATION ENERGY CORPhistory →COM5.50%$9M100.6K
4FLRFLUOR CORP NEWhistory →COM4.76%$8M216.7K
5CCJCAMECO CORPhistory →COM3.14%$5M218.3K
6LNGCHENIERE ENERGY INChistory →COM NEW3.02%$5M31.7K
7IBMINTERNATIONAL BUSINESS MACHShistory →COM3.00%$5M33.6K
8COPCONOCOPHILLIPShistory →COM2.94%$5M39.3K
9MDLZMONDELEZ INTL INChistory →CL A2.84%$4M67.3K
10MSFTMICROSOFT CORPhistory →COM2.68%$4M17.6K
11TGTTARGET CORPhistory →COM2.59%$4M27.4K
12BUNGE LIMITEDCOM2.46%$4M38.9K
13PYPLPAYPAL HLDGS INChistory →COM2.36%$4M52.2K
14LENLENNAR CORPhistory →CL A2.34%$4M40.7K
15GSGOLDMAN SACHS GROUP INChistory →COM2.33%$4M10.7K
16JJACOBS SOLUTIONS INChistory →COM2.30%$4M30.2K
17ARCOS DORADOS HOLDINGS INCSHS CLASS -A -2.24%$4M422.7K
18SONYSONY GROUP CORPORATIONhistory →SPONSORED ADR2.16%$3M44.6K
19IRMIRON MTN INC DELhistory →COM2.03%$3M64.1K
20ADMARCHER DANIELS MIDLAND COhistory →COM1.87%$3M31.7K
21BWXTBWX TECHNOLOGIES INChistory →COM1.82%$3M49.3K
22HASHASBRO INChistory →COM1.77%$3M45.8K
23AMXNAMERICA MOVIL SAB DE CVhistory →SPON ADR L SHS1.76%$3M152.0K
24NOCNORTHROP GRUMMAN CORPhistory →COM1.72%$3M5.0K
25EQHEQUITABLE HLDGS INChistory →COM1.70%$3M93.5K
26ALKALASKA AIR GROUP INChistory →COM1.69%$3M62.2K
27LAM RESEARCH CORPCOM1.61%$3M6.0K
28NXPINXP SEMICONDUCTORS N Vhistory →COM1.55%$2M15.5K
29SUZSUZANO S Ahistory →SPON ADS1.49%$2M253.8K
30KKRKKR & CO INChistory →COM1.46%$2M49.7K
31ADIANALOG DEVICES INChistory →COM1.39%$2M13.3K
32NFLXNETFLIX INChistory →COM1.37%$2M7.3K
33CBRECBRE GROUP INChistory →CL A1.35%$2M27.7K
34SCHPSCHWAB STRATEGIC TRhistory →US TIPS ETF1.30%$2M39.4K
35METAMETA PLATFORMS INChistory →CL A1.09%$2M14.3K
36GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.08%$2M19.3K
37VFCV F CORPCOM0.92%$1M52.4K
38ALVAUTOLIV INCCOM0.81%$1M16.7K
39ENPHENPHASE ENERGY INCCOM0.78%$1M4.6K
40ALBALBEMARLE CORPCOM0.56%$878,7174.1K
41AMGNAMGEN INCCOM0.52%$826,0033.1K
42NRGNRG ENERGY INCCOM NEW0.49%$768,29424.1K
43BMYBRISTOL-MYERS SQUIBB COCOM0.49%$766,98710.7K
44CBCHUBB LIMITEDCOM0.47%$746,9523.4K
45ACIALBERTSONS COS INCCOMMON STOCK0.47%$742,69935.8K
46BJBJS WHSL CLUB HLDGS INCCOM0.39%$615,0909.3K
47ADPAUTOMATIC DATA PROCESSING INCOM0.37%$578,7582.4K
48FSLRFIRST SOLAR INCCOM0.36%$568,4533.8K
49SPYSPDR S&P 500 ETF TRTR UNIT0.32%$510,9261.3K
50BHPBHP GROUP LTDSPONSORED ADS0.31%$483,4947.8K
51NVSNOVARTIS AGSPONSORED ADR0.30%$476,7345.3K
52ARRYARRAY TECHNOLOGIES INCCOM SHS0.30%$472,13524.4K
53JNJJOHNSON & JOHNSONCOM0.30%$468,2992.7K
54MRKMERCK & CO INCCOM0.27%$419,7243.8K
55LLYLILLY ELI & COCOM0.26%$414,4971.1K
56TSLATESLA INCCOM0.24%$386,1693.1K
57PFEPFIZER INCCOM0.23%$370,0557.2K
58LIVENT CORPCOM0.21%$334,01516.8K
59UBSUBS GROUP AGSHS0.20%$318,13717.0K
60ASMLFASML HOLDING N VN Y REGISTRY SHS0.20%$314,180575
61SAPSAP SESPON ADR0.19%$304,9263.0K
62BPBP PLCSPONSORED ADR0.19%$303,5428.7K
63NGGNATIONAL GRID PLCSPONSORED ADR NE0.19%$299,9115.0K
64HSBCHSBC HLDGS PLCSPON ADR NEW0.19%$297,7349.6K
65WDSWOODSIDE ENERGY GROUP LTDSPONSORED ADR0.19%$296,37912.2K
66CMICUMMINS INCCOM0.18%$287,1141.2K
67TELFYTELEFONICA S ASPONSORED ADR0.18%$276,15477.4K
68HMCHONDA MOTOR LTDAMERN SHS0.16%$255,23211.2K
69TMTOYOTA MOTOR CORPADS0.16%$251,9901.8K
70NOVAQSUNNOVA ENERGY INTL INC.COM0.16%$244,93613.6K
71AMTAMERICAN TOWER CORP NEWCOM0.14%$222,4531.1K
72KTBKONTOOR BRANDS INCCOM0.14%$221,2255.5K
73ACNACCENTURE PLC IRELANDSHS CLASS A0.14%$217,475815
74TTENTOTALENERGIES SESPONSORED ADS0.14%$217,2803.5K
75CLCOLGATE PALMOLIVE COCOM0.14%$215,8852.7K
76PSXPHILLIPS 66COM0.13%$209,7212.0K
77VIVTELEFONICA BRASIL SANEW ADR0.08%$133,49118.7K
78VODVODAFONE GROUP PLC NEWSPONSORED ADR0.07%$107,59610.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$181M76May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$187M77Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$194M81Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$198M81Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$239M101May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$244M109Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$244M109Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$206M84Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$210M86May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$192M86Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$181M83Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$179M80Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$166M81May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$158M79Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$156M74Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$160M79Jul 14, 202213F-HRchanges · EDGAR ↗
Q1 2022$195M90Apr 19, 202213F-HRchanges · EDGAR ↗
Q4 2021$201M92Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$178M85Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$186M85Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$171M80May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$162M77Jan 29, 202113F-HRchanges · EDGAR ↗
Q3 2020$138M70Oct 23, 202013F-HRchanges · EDGAR ↗
Q2 2020$124M63Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$99M59May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$137M74Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$130M75Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$129M78Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$130M75May 7, 201913F-HRchanges · EDGAR ↗
Q4 2018$113M72Jan 16, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.