Managers / Q2 2025 · view latest →
American Trust Investment Advisors, LLC
CIK 0001291424 · 67 ETNA ROAD, SUITE 360, LEBANON, NH, 03766 · 603-448-6415
Reported Value
$198M
Q2 2025
Positions
81
Filings on Record
30
2019–present window
Filed
Aug 14, 2025
original filing
Summary
American Trust Investment Advisors, LLC reported $198M in U.S.-listed holdings across 81 positions for Q2 2025.
Its largest position, BRK/B, represents 6.9% of the portfolio.
Compared with Q1 2025, the fund opened 0 new positions and exited 20.
Portfolio Metrics
Turnover
+4.6%
vs prior filed quarter
Top-10 Concentration
+39.4%
share of reported value
Largest Position
+6.9%
Berkshire Hathaway
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
Portfolio Composition
By security type
- Common Stock · 82.3% · $163M
- ADR · 10.0% · $20M
- REIT · 4.9% · $10M
- ETP · 1.9% · $4M
- Other · 0.9% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CVXCHEVRON CORP NEW | SOLD OUT | −5.7K | 0 | −$960,412 | $0 |
| CSCOCISCO SYS INC | SOLD OUT | −15.0K | 0 | −$923,058 | $0 |
| AEPAMERICAN ELEC PWR CO INC | SOLD OUT | −8.3K | 0 | −$907,487 | $0 |
| VZVERIZON COMMUNICATIONS INC | SOLD OUT | −19.7K | 0 | −$891,596 | $0 |
| SPGSIMON PPTY GROUP INC NEW | SOLD OUT | −5.3K | 0 | −$873,913 | $0 |
| GISGENERAL MLS INC | SOLD OUT | −14.5K | 0 | −$869,347 | $0 |
| ABALLIANCEBERNSTEIN HLDG L P | SOLD OUT | −22.5K | 0 | −$863,699 | $0 |
| BRXBRIXMOR PPTY GROUP INC | SOLD OUT | −32.3K | 0 | −$857,565 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2025
80 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BRK/BBERKSHIRE HATHAWAY INC DELhistory → | CL B NEW | 6.92% | $14M | 28.2K |
| 2 | CEGCONSTELLATION ENERGY CORPhistory → | COM | 4.10% | $8M | 25.2K |
| 3 | MSFTMICROSOFT CORPhistory → | COM | 4.06% | $8M | 16.2K |
| 4 | AAPLAPPLE INChistory → | COM | 3.89% | $8M | 37.5K |
| 5 | METAMETA PLATFORMS INChistory → | CL A | 3.77% | $7M | 10.1K |
| 6 | IBMINTERNATIONAL BUSINESS MACHShistory → | COM | 3.70% | $7M | 24.8K |
| 7 | BGBUNGE GLOBAL SAhistory → | COM SHS | 3.60% | $7M | 88.8K |
| 8 | FLRFLUOR CORP NEWhistory → | COM | 3.36% | $7M | 129.8K |
| 9 | BWXTBWX TECHNOLOGIES INChistory → | COM | 3.03% | $6M | 41.7K |
| 10 | SONYSONY GROUP CORPhistory → | SPONSORED ADR | 2.97% | $6M | 226.2K |
| 11 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 2.89% | $6M | 32.5K |
| 12 | IRMIRON MTN INC DELhistory → | COM | 2.81% | $6M | 54.2K |
| 13 | ALVAUTOLIV INChistory → | COM | 2.56% | $5M | 45.3K |
| 14 | JJACOBS SOLUTIONS INChistory → | COM | 2.52% | $5M | 38.0K |
| 15 | SOSOUTHERN COhistory → | COM | 2.47% | $5M | 53.2K |
| 16 | CCJCAMECO CORPhistory → | COM | 2.44% | $5M | 65.2K |
| 17 | LRCXLAM RESEARCH CORPhistory → | COM NEW | 2.44% | $5M | 49.6K |
| 18 | SCHWSCHWAB CHARLES CORPhistory → | COM | 2.36% | $5M | 51.3K |
| 19 | NXPINXP SEMICONDUCTORS N Vhistory → | COM | 2.09% | $4M | 19.0K |
| 20 | KIMKIMCO RLTY CORPhistory → | COM | 2.09% | $4M | 197.1K |
| 21 | MDLZMONDELEZ INTL INChistory → | CL A | 2.00% | $4M | 58.8K |
| 22 | FCXFREEPORT-MCMORAN INChistory → | CL B | 1.97% | $4M | 89.8K |
| 23 | CBRECBRE GROUP INChistory → | CL A | 1.94% | $4M | 27.5K |
| 24 | AESAES CORPhistory → | COM | 1.81% | $4M | 341.4K |
| 25 | LENLENNAR CORPhistory → | CL A | 1.80% | $4M | 32.3K |
| 26 | LNGCHENIERE ENERGY INChistory → | COM NEW | 1.78% | $4M | 14.5K |
| 27 | CAGCONAGRA BRANDS INChistory → | COM | 1.76% | $3M | 170.1K |
| 28 | EMBJEMBRAER S.A.history → | SPONSORED ADS | 1.73% | $3M | 60.3K |
| 29 | CMCSACOMCAST CORP NEWhistory → | CL A | 1.72% | $3M | 95.8K |
| 30 | ADIANALOG DEVICES INChistory → | COM | 1.47% | $3M | 12.2K |
| 31 | CTRACOTERRA ENERGY INChistory → | COM | 1.34% | $3M | 104.2K |
| 32 | OPRAOPERA LTDhistory → | SPONSORED ADS | 1.26% | $3M | 132.4K |
| 33 | SCHPSCHWAB STRATEGIC TRhistory → | US TIPS ETF | 1.13% | $2M | 83.7K |
| 34 | SANBANCO SANTANDER S.A.history → | ADR | 1.08% | $2M | 258.8K |
| 35 | COPCONOCOPHILLIPShistory → | COM | 1.08% | $2M | 23.9K |
| 36 | AMXAMERICA MOVIL SAB DE CVhistory → | SPON ADS RP CL B | 1.08% | $2M | 118.9K |
| 37 | ARCOS DORADOS HOLDINGS INC | SHS CLASS -A - | 0.87% | $2M | 219.5K |
| 38 | LMTLOCKHEED MARTIN CORP | COM | 0.75% | $1M | 3.2K |
| 39 | KTBKONTOOR BRANDS INC | COM | 0.73% | $1M | 21.9K |
| 40 | CBCHUBB LIMITED | COM | 0.50% | $980,992 | 3.4K |
| 41 | VFCV F CORP | COM | 0.44% | $865,564 | 73.7K |
| 42 | AMTMAMENTUM HOLDINGS INC | COM | 0.40% | $785,080 | 33.3K |
| 43 | SPYSPDR S&P 500 ETF TR | TR UNIT | 0.40% | $782,816 | 1.3K |
| 44 | LLYELI LILLY & CO | COM | 0.37% | $727,301 | 933 |
| 45 | ADPAUTOMATIC DATA PROCESSING IN | COM | 0.36% | $716,413 | 2.3K |
| 46 | TSLATESLA INC | COM | 0.35% | $700,440 | 2.2K |
| 47 | NFLXNETFLIX INC | COM | 0.32% | $637,426 | 476 |
| 48 | BJBJS WHSL CLUB HLDGS INC | COM | 0.32% | $627,031 | 5.8K |
| 49 | SAPSAP SE | SPON ADR | 0.25% | $492,642 | 1.6K |
| 50 | HSBCHSBC HLDGS PLC | SPON ADR NEW | 0.25% | $489,056 | 8.0K |
| 51 | OCOWENS CORNING NEW | COM | 0.23% | $464,130 | 3.4K |
| 52 | SPXVPROSHARES TR | SP500 EX HLTH | 0.23% | $450,701 | 6.7K |
| 53 | NEENEXTERA ENERGY INC | COM | 0.21% | $412,285 | 5.9K |
| 54 | TELFYTELEFONICA S A | SPONSORED ADR | 0.20% | $397,396 | 76.0K |
| 55 | BPBP PLC | SPONSORED ADR | 0.20% | $388,491 | 13.0K |
| 56 | NGGNATIONAL GRID PLC | SPONSORED ADR NE | 0.19% | $384,849 | 5.2K |
| 57 | UBSUBS GROUP AG | SHS | 0.19% | $381,997 | 11.3K |
| 58 | JNJJOHNSON & JOHNSON | COM | 0.18% | $362,476 | 2.4K |
| 59 | PFEPFIZER INC | COM | 0.18% | $360,909 | 14.9K |
| 60 | HASIHA SUSTAINABLE INFRA CAP INC | COM | 0.18% | $357,507 | 13.3K |
| 61 | AMZNAMAZON COM INC | COM | 0.18% | $348,830 | 1.6K |
| 62 | BEPCBROOKFIELD RENEWABLE PARTNER | PARTNERSHIP UNIT | 0.17% | $339,921 | 13.3K |
| 63 | NVSNOVARTIS AG | SPONSORED ADR | 0.17% | $329,752 | 2.7K |
| 64 | AMGNAMGEN INC | COM | 0.16% | $318,020 | 1.1K |
| 65 | HMCHONDA MOTOR LTD | ADR ECH CNV IN 3 | 0.16% | $314,968 | 10.9K |
| 66 | RSPINVESCO EXCHANGE TRADED FD T | S&P500 EQL WGT | 0.16% | $310,082 | 1.7K |
| 67 | FSLRFIRST SOLAR INC | COM | 0.15% | $300,455 | 1.8K |
| 68 | TMTOYOTA MOTOR CORP | ADS | 0.15% | $294,565 | 1.7K |
| 69 | BHPBHP GROUP LTD | SPONSORED ADS | 0.15% | $292,002 | 6.1K |
| 70 | NVDANVIDIA CORPORATION | COM | 0.15% | $289,912 | 1.8K |
| 71 | WDSWOODSIDE ENERGY GROUP LTD | SPONSORED ADR | 0.14% | $276,876 | 17.9K |
| 72 | ASMLFASML HOLDING N V | N Y REGISTRY SHS | 0.14% | $268,466 | 335 |
| 73 | MRKMERCK & CO INC | COM | 0.13% | $263,049 | 3.3K |
| 74 | ENPHENPHASE ENERGY INC | COM | 0.12% | $245,235 | 6.2K |
| 75 | CLCOLGATE PALMOLIVE CO | COM | 0.12% | $244,521 | 2.7K |
| 76 | ALBALBEMARLE CORP | COM | 0.12% | $237,018 | 3.8K |
| 77 | BMYBRISTOL-MYERS SQUIBB CO | COM | 0.12% | $236,496 | 5.1K |
| 78 | CMICUMMINS INC | COM | 0.10% | $204,688 | 625 |
| 79 | ARRYARRAY TECHNOLOGIES INC | COM SHS | 0.07% | $134,461 | 22.8K |
| 80 | VALEVALE S A | SPONSORED ADS | 0.05% | $98,508 | 10.1K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $181M | 76 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $187M | 77 | Feb 17, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $194M | 81 | Nov 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $198M | 81 | Aug 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $239M | 101 | May 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $244M | 109 | Feb 14, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $244M | 109 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $206M | 84 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $210M | 86 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $192M | 86 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $181M | 83 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $179M | 80 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $166M | 81 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $158M | 79 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $156M | 74 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $160M | 79 | Jul 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $195M | 90 | Apr 19, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $201M | 92 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $178M | 85 | Nov 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $186M | 85 | Aug 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $171M | 80 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $162M | 77 | Jan 29, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $138M | 70 | Oct 23, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $124M | 63 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $99M | 59 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $137M | 74 | Feb 11, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $130M | 75 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $129M | 78 | Aug 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $130M | 75 | May 7, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $113M | 72 | Jan 16, 2019 | 13F-HR | changes · 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 ↗.