SEC 13F Intelligence

Managers / Q4 2023 · view latest →

American Trust Investment Advisors, LLC

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

Reported Value
$192M
Q4 2023
Positions
86
Filings on Record
30
2019–present window
Filed
Feb 14, 2024
original filing

Summary

American Trust Investment Advisors, LLC reported $192M in U.S.-listed holdings across 86 positions for Q4 2023.

Its largest position, BRK/B, represents 6.5% of the portfolio.

Compared with Q3 2023, the fund opened 9 new positions and exited 6.

Portfolio Metrics

Turnover
+17.9%
vs prior filed quarter
Top-10 Concentration
+36.6%
share of reported value
Largest Position
+6.5%
Berkshire Hathaway
New / Exited
9 / 6
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: 84.1%ADR: 7.1%REIT: 4.9%ETP: 2.1%Other: 1.9%
  • Common Stock · 84.1% · $162M
  • ADR · 7.1% · $14M
  • REIT · 4.9% · $9M
  • ETP · 2.1% · $4M
  • Other · 1.9% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BGBUNGE GLOBAL SANEW+54.8K54.8K+$6M$6M
HSYHERSHEY CONEW+26.6K26.6K+$5M$5M
AGCOAGCO CORPNEW+31.4K31.4K+$4M$4M
FISFIDELITY NATL INFORMATION SVNEW+58.1K58.1K+$3M$3M
BEPCBROOKFIELD RENEWABLE PARTNERNEW+14.3K14.3K+$375,278$375,278
NEENEXTERA ENERGY INCNEW+6.1K6.1K+$372,458$372,458
ITWILLINOIS TOOL WKS INCNEW+840840+$220,030$220,030
CLCOLGATE PALMOLIVE CONEW+2.7K2.7K+$218,405$218,405

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

Holdings — Q4 2023

85 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW6.46%$12M34.9K
2AAPLAPPLE INChistory →COM5.02%$10M50.2K
3FLRFLUOR CORP NEWhistory →COM3.92%$8M192.7K
4GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.51%$7M48.2K
5MSFTMICROSOFT CORPhistory →COM3.44%$7M17.6K
6IBMINTERNATIONAL BUSINESS MACHShistory →COM3.09%$6M36.4K
7CEGCONSTELLATION ENERGY CORPhistory →COM3.01%$6M49.5K
8BGBUNGE GLOBAL SAhistory →COM SHS2.88%$6M54.8K
9METAMETA PLATFORMS INChistory →CL A2.70%$5M14.7K
10TGTTARGET CORPhistory →COM2.62%$5M35.3K
11IRMIRON MTN INC DELhistory →COM2.61%$5M71.9K
12HSYHERSHEY COhistory →COM2.58%$5M26.6K
13LENLENNAR CORPhistory →CL A2.48%$5M32.0K
14JJACOBS SOLUTIONS INChistory →COM2.47%$5M36.6K
15SONYSONY GROUP CORPhistory →SPONSORED ADR2.43%$5M49.3K
16ADMARCHER DANIELS MIDLAND COhistory →COM2.19%$4M58.5K
17KIMKIMCO RLTY CORPhistory →COM2.18%$4M196.4K
18LAM RESEARCH CORPCOM2.09%$4M5.1K
19ALVAUTOLIV INChistory →COM2.08%$4M36.3K
20CCJCAMECO CORPhistory →COM2.07%$4M92.6K
21BWXTBWX TECHNOLOGIES INChistory →COM2.07%$4M51.9K
22FCXFREEPORT-MCMORAN INChistory →CL B2.01%$4M90.7K
23NXPINXP SEMICONDUCTORS N Vhistory →COM2.00%$4M16.8K
24AGCOAGCO CORPhistory →COM1.98%$4M31.4K
25SOSOUTHERN COhistory →COM1.93%$4M53.0K
26ARCOS DORADOS HOLDINGS INCSHS CLASS -A -1.85%$4M281.1K
27LNGCHENIERE ENERGY INChistory →COM NEW1.83%$4M20.6K
28FISFIDELITY NATL INFORMATION SVhistory →COM1.81%$3M58.1K
29SCHWSCHWAB CHARLES CORPhistory →COM1.78%$3M49.7K
30MDLZMONDELEZ INTL INChistory →CL A1.62%$3M42.9K
31COPCONOCOPHILLIPShistory →COM1.59%$3M26.4K
32SCHPSCHWAB STRATEGIC TRhistory →US TIPS ETF1.54%$3M56.7K
33CBRECBRE GROUP INChistory →CL A1.47%$3M30.4K
34ADIANALOG DEVICES INChistory →COM1.46%$3M14.2K
35APAAPA CORPORATIONhistory →COM1.44%$3M77.2K
36AMXAMERICA MOVIL SAB DE CVhistory →SPON ADS RP CL B1.29%$2M134.0K
37EMBJEMBRAER S.A.history →SPONSORED ADS1.18%$2M122.8K
38ITRNITURAN LOCATION AND CONTROLSHS0.84%$2M59.1K
39NRGNRG ENERGY INCCOM NEW0.59%$1M21.8K
40AMGNAMGEN INCCOM0.42%$801,2722.8K
41CBCHUBB LIMITEDCOM0.40%$765,2363.4K
42NFLXNETFLIX INCCOM0.39%$750,7691.5K
43BJBJS WHSL CLUB HLDGS INCCOM0.38%$736,32611.0K
44SPYSPDR S&P 500 ETF TRTR UNIT0.37%$711,0641.5K
45ENPHENPHASE ENERGY INCCOM0.32%$610,4874.6K
46BMYBRISTOL-MYERS SQUIBB COCOM0.31%$603,45711.8K
47TSLATESLA INCCOM0.31%$595,1102.4K
48ALBALBEMARLE CORPCOM0.30%$585,4334.1K
49LLYELI LILLY & COCOM0.30%$578,840993
50BHPBHP GROUP LTDSPONSORED ADS0.30%$571,6868.4K
51ADPAUTOMATIC DATA PROCESSING INCOM0.29%$564,4862.4K
52PFEPFIZER INCCOM0.29%$561,08819.5K
53NVSNOVARTIS AGSPONSORED ADR0.27%$528,2755.2K
54JNJJOHNSON & JOHNSONCOM0.27%$520,0633.3K
55MRKMERCK & CO INCCOM0.21%$413,2953.8K
56ARRYARRAY TECHNOLOGIES INCCOM SHS0.21%$410,34024.4K
57ASMLFASML HOLDING N VN Y REGISTRY SHS0.21%$404,952535
58UBSUBS GROUP AGSHS0.21%$394,90212.8K
59HASIHANNON ARMSTRONG SUST INFR CCOM0.20%$393,42914.3K
60SAPSAP SESPON ADR0.20%$378,7462.5K
61BEPCBROOKFIELD RENEWABLE PARTNERPARTNERSHIP UNIT0.20%$375,27814.3K
62OCOWENS CORNING NEWCOM0.19%$374,2812.5K
63NEENEXTERA ENERGY INCCOM0.19%$372,4586.1K
64NGGNATIONAL GRID PLCSPONSORED ADR NE0.19%$356,0645.2K
65SPXVPROSHARES TRSP500 EX HLTH0.18%$350,2853.5K
66KTBKONTOOR BRANDS INCCOM0.18%$345,3075.5K
67FSLRFIRST SOLAR INCCOM0.17%$335,0851.9K
68TMTOYOTA MOTOR CORPADS0.17%$326,4161.8K
69HSBCHSBC HLDGS PLCSPON ADR NEW0.17%$319,8617.9K
70VFCV F CORPCOM0.17%$318,09616.9K
71WDSWOODSIDE ENERGY GROUP LTDSPONSORED ADR0.16%$312,80714.8K
72TELFYTELEFONICA S ASPONSORED ADR0.16%$302,34477.5K
73LIVENT CORPCOM0.16%$302,24416.8K
74BPBP PLCSPONSORED ADR0.15%$297,3608.4K
75HMCHONDA MOTOR LTDADR ECH CNV IN 30.15%$291,3279.4K
76AMZNAMAZON COM INCCOM0.15%$284,1281.9K
77PSXPHILLIPS 66COM0.14%$260,2892.0K
78TTENTOTALENERGIES SESPONSORED ADS0.13%$254,3603.8K
79CMICUMMINS INCCOM0.13%$253,2251.1K
80ACNACCENTURE PLC IRELANDSHS CLASS A0.11%$221,073630
81ITWILLINOIS TOOL WKS INCCOM0.11%$220,030840
82CLCOLGATE PALMOLIVE COCOM0.11%$218,4052.7K
83AMTAMERICAN TOWER CORP NEWCOM0.11%$214,369993
84VIVTELEFONICA BRASIL SANEW ADR0.10%$200,96818.4K
85VODVODAFONE GROUP PLC NEWSPONSORED ADR0.05%$92,49810.6K

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 ↗.