SEC 13F Intelligence

Managers / Q3 2023 · view latest →

American Trust Investment Advisors, LLC

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

Reported Value
$181M
Q3 2023
Positions
83
Filings on Record
30
2019–present window
Filed
Nov 14, 2023
original filing

Summary

American Trust Investment Advisors, LLC reported $181M in U.S.-listed holdings across 83 positions for Q3 2023.

Its largest position, BRK/B, represents 7.1% of the portfolio.

Compared with Q2 2023, the fund opened 8 new positions and exited 5.

Portfolio Metrics

Turnover
+9.5%
vs prior filed quarter
Top-10 Concentration
+41.5%
share of reported value
Largest Position
+7.1%
Berkshire Hathaway
New / Exited
8 / 5
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: 83.0%ADR: 7.2%Other: 4.7%REIT: 2.9%ETP: 2.2%
  • Common Stock · 83.0% · $150M
  • ADR · 7.2% · $13M
  • Other · 4.7% · $9M
  • REIT · 2.9% · $5M
  • ETP · 2.2% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SOSOUTHERN CONEW+52.1K52.1K+$3M$3M
EMBJEMBRAER S.A.NEW+169.4K169.4K+$2M$2M
SPXVPROSHARES TRNEW+3.5K3.5K+$311,995$311,995
HASIHANNON ARMSTRONG SUST INFR CNEW+14.3K14.3K+$302,418$302,418
ITRNITURAN LOCATION AND CONTROLNEW+9.0K9.0K+$269,907$269,907
TTENTOTALENERGIES SENEW+3.8K3.8K+$248,244$248,244
AMZNAMAZON COM INCNEW+1.9K1.9K+$237,714$237,714
PSXPHILLIPS 66NEW+2.0K2.0K+$234,893$234,893

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

Holdings — Q3 2023

82 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW7.06%$13M36.5K
2AAPLAPPLE INChistory →COM6.48%$12M68.6K
3CEGCONSTELLATION ENERGY CORPhistory →COM6.06%$11M100.7K
4FLRFLUOR CORP NEWhistory →COM4.56%$8M225.3K
5MSFTMICROSOFT CORPhistory →COM3.10%$6M17.8K
6CCJCAMECO CORPhistory →COM3.10%$6M141.5K
7LNGCHENIERE ENERGY INChistory →COM NEW3.08%$6M33.6K
8IBMINTERNATIONAL BUSINESS MACHShistory →COM2.79%$5M36.1K
9COPCONOCOPHILLIPShistory →COM2.64%$5M39.9K
10LENLENNAR CORPhistory →CL A2.62%$5M42.4K
11MDLZMONDELEZ INTL INChistory →CL A2.57%$5M67.1K
12BUNGE LIMITEDCOM2.56%$5M42.9K
13METAMETA PLATFORMS INChistory →CL A2.50%$5M15.1K
14JJACOBS SOLUTIONS INChistory →COM2.49%$5M33.0K
15IRMIRON MTN INC DELhistory →COM2.34%$4M71.2K
16ARCOS DORADOS HOLDINGS INCSHS CLASS -A -2.19%$4M418.8K
17SONYSONY GROUP CORPhistory →SPONSORED ADR2.18%$4M47.9K
18BWXTBWX TECHNOLOGIES INChistory →COM2.16%$4M52.3K
19LAM RESEARCH CORPCOM2.11%$4M6.1K
20SOSOUTHERN COhistory →COM1.86%$3M52.1K
21FCXFREEPORT-MCMORAN INChistory →CL B1.85%$3M90.0K
22PYPLPAYPAL HLDGS INChistory →COM1.80%$3M55.9K
23NXPINXP SEMICONDUCTORS N Vhistory →COM1.80%$3M16.3K
24TGTTARGET CORPhistory →COM1.74%$3M28.5K
25USBUS BANCORP DELhistory →COM NEW1.72%$3M94.4K
26SCHPSCHWAB STRATEGIC TRhistory →US TIPS ETF1.71%$3M61.4K
27NFLXNETFLIX INChistory →COM1.61%$3M7.7K
28SCHWSCHWAB CHARLES CORPhistory →COM1.51%$3M49.7K
29AMXAMERICA MOVIL SAB DE CVhistory →SPON ADS RP CL B1.45%$3M151.5K
30ADMARCHER DANIELS MIDLAND COhistory →COM1.42%$3M34.2K
31ADIANALOG DEVICES INChistory →COM1.36%$2M14.1K
32ALKALASKA AIR GROUP INChistory →COM1.35%$2M66.1K
33GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.33%$2M18.3K
34EMBJEMBRAER S.A.history →SPONSORED ADS1.28%$2M169.4K
35CBRECBRE GROUP INChistory →CL A1.25%$2M30.5K
36ALVAUTOLIV INChistory →COM1.19%$2M22.3K
37KIMKIMCO RLTY CORPCOM0.54%$985,83256.0K
38APAAPA CORPORATIONCOM0.48%$876,12921.3K
39NRGNRG ENERGY INCCOM NEW0.46%$841,46921.8K
40AMGNAMGEN INCCOM0.46%$835,0373.1K
41TSLATESLA INCCOM0.44%$794,4493.2K
42BJBJS WHSL CLUB HLDGS INCCOM0.42%$766,51410.7K
43CBCHUBB LIMITEDCOM0.39%$704,8973.4K
44ALBALBEMARLE CORPCOM0.38%$689,0024.1K
45SPYSPDR S&P 500 ETF TRTR UNIT0.35%$639,5101.5K
46BMYBRISTOL-MYERS SQUIBB COCOM0.35%$635,94411.0K
47LLYELI LILLY & COCOM0.34%$616,6251.1K
48FSLRFIRST SOLAR INCCOM0.34%$613,2343.8K
49ADPAUTOMATIC DATA PROCESSING INCOM0.32%$582,9252.4K
50ENPHENPHASE ENERGY INCCOM0.31%$555,0934.6K
51ARRYARRAY TECHNOLOGIES INCCOM SHS0.30%$541,99124.4K
52NVSNOVARTIS AGSPONSORED ADR0.29%$521,5235.1K
53JNJJOHNSON & JOHNSONCOM0.28%$514,5983.3K
54IFFINTERNATIONAL FLAVORS&FRAGRACOM0.26%$465,8746.8K
55BHPBHP GROUP LTDSPONSORED ADS0.25%$455,5528.0K
56PFEPFIZER INCCOM0.25%$451,61013.6K
57TMTOYOTA MOTOR CORPADS0.22%$396,3492.2K
58MRKMERCK & CO INCCOM0.22%$390,2833.8K
59HMCHONDA MOTOR LTDAMERN SHS0.21%$384,50511.4K
60UBSUBS GROUP AGSHS0.20%$370,12015.0K
61WDSWOODSIDE ENERGY GROUP LTDSPONSORED ADR0.19%$344,15614.8K
62HSBCHSBC HLDGS PLCSPON ADR NEW0.18%$332,2538.4K
63BPBP PLCSPONSORED ADR0.18%$317,1178.2K
64SPXVPROSHARES TRSP500 EX HLTH0.17%$311,9953.5K
65LIVENT CORPCOM0.17%$309,47216.8K
66HASIHANNON ARMSTRONG SUST INFR CCOM0.17%$302,41814.3K
67VFCV F CORPCOM0.17%$298,97616.9K
68SAPSAP SESPON ADR0.16%$290,9702.3K
69ASMLASML HOLDING N VN Y REGISTRY SHS0.15%$279,614475
70TELFYTELEFONICA S ASPONSORED ADR0.15%$272,93067.1K
71ITRNITURAN LOCATION AND CONTROLSHS0.15%$269,9079.0K
72NGGNATIONAL GRID PLCSPONSORED ADR NE0.14%$255,0704.2K
73TTENTOTALENERGIES SESPONSORED ADS0.14%$248,2443.8K
74KTBKONTOOR BRANDS INCCOM0.13%$242,9105.5K
75CMICUMMINS INCCOM0.13%$241,4821.1K
76AMZNAMAZON COM INCCOM0.13%$237,7141.9K
77PSXPHILLIPS 66COM0.13%$234,8932.0K
78OCOWENS CORNING NEWCOM0.13%$230,5331.7K
79ACNACCENTURE PLC IRELANDSHS CLASS A0.11%$205,764670
80VIVTELEFONICA BRASIL SANEW ADR0.09%$157,06418.4K
81NOVAQSUNNOVA ENERGY INTL INC.COM0.08%$142,39213.6K
82VODVODAFONE GROUP PLC NEWSPONSORED ADR0.06%$100,79110.6K

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 ↗.