SEC 13F Intelligence

Managers / Q3 2025 · view latest →

American Trust Investment Advisors, LLC

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

Reported Value
$194M
Q3 2025
Positions
81
Filings on Record
30
2019–present window
Filed
Nov 14, 2025
original filing

Summary

American Trust Investment Advisors, LLC reported $194M in U.S.-listed holdings across 81 positions for Q3 2025.

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

Compared with Q2 2025, the fund opened 12 new positions and exited 12.

Portfolio Metrics

Turnover
+14.5%
vs prior filed quarter
Top-10 Concentration
+38.2%
share of reported value
Largest Position
+7.0%
Berkshire Hathaway
New / Exited
12 / 12
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: 83.4%ADR: 10.3%REIT: 4.0%ETP: 1.6%Other: 0.7%
  • Common Stock · 83.4% · $162M
  • ADR · 10.3% · $20M
  • REIT · 4.0% · $8M
  • ETP · 1.6% · $3M
  • Other · 0.7% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CARRCARRIER GLOBAL CORPORATIONNEW+84.8K84.8K+$5M$5M
CCITIGROUP INCNEW+46.7K46.7K+$5M$5M
ACNACCENTURE PLC IRELANDNEW+18.3K18.3K+$5M$5M
TREXTREX CO INCNEW+58.1K58.1K+$3M$3M
NXTNEXTRACKER INCNEW+3.7K3.7K+$271,913$271,913
ITRIITRON INCNEW+2.1K2.1K+$261,576$261,576
HONHONEYWELL INTL INCNEW+1.1K1.1K+$235,550$235,550
ORAORMAT TECHNOLOGIES INCNEW+2.4K2.4K+$232,444$232,444

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

Holdings — Q3 2025

80 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW7.02%$14M27.1K
2AAPLAPPLE INChistory →COM4.45%$9M33.9K
3MSFTMICROSOFT CORPhistory →COM4.05%$8M15.2K
4CEGCONSTELLATION ENERGY CORPhistory →COM3.61%$7M21.2K
5METAMETA PLATFORMS INChistory →CL A3.58%$7M9.5K
6IBMINTERNATIONAL BUSINESS MACHShistory →COM3.45%$7M23.7K
7LRCXLAM RESEARCH CORPhistory →COM NEW3.25%$6M47.1K
8SONYSONY GROUP CORPhistory →SPONSORED ADR3.23%$6M217.5K
9JJACOBS SOLUTIONS INChistory →COM2.79%$5M36.1K
10BGBUNGE GLOBAL SAhistory →COM SHS2.77%$5M66.1K
11ALVAUTOLIV INChistory →COM2.76%$5M43.3K
12CARRCARRIER GLOBAL CORPORATIONhistory →COM2.61%$5M84.8K
13CCJCAMECO CORPhistory →COM2.57%$5M59.5K
14SOSOUTHERN COhistory →COM2.48%$5M50.7K
15SCHWSCHWAB CHARLES CORPhistory →COM2.46%$5M49.9K
16CCITIGROUP INChistory →COM NEW2.44%$5M46.7K
17GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.43%$5M19.4K
18AMZNAMAZON COM INChistory →COM2.33%$5M20.6K
19ACNACCENTURE PLC IRELANDhistory →SHS CLASS A2.32%$5M18.3K
20NXPINXP SEMICONDUCTORS N Vhistory →COM2.18%$4M18.6K
21KIMKIMCO RLTY CORPhistory →COM2.10%$4M186.0K
22LENLENNAR CORPhistory →CL A1.97%$4M30.3K
23FLRFLUOR CORP NEWhistory →COM1.94%$4M89.4K
24IRMIRON MTN INC DELhistory →COM1.91%$4M36.3K
25MDLZMONDELEZ INTL INChistory →CL A1.87%$4M57.9K
26BWXTBWX TECHNOLOGIES INChistory →COM1.77%$3M18.6K
27FCXFREEPORT-MCMORAN INChistory →CL B1.76%$3M86.9K
28EMBJEMBRAER S.A.history →SPONSORED ADS1.65%$3M53.0K
29LNGCHENIERE ENERGY INChistory →COM NEW1.64%$3M13.5K
30TREXTREX CO INChistory →COM1.55%$3M58.1K
31OPRAOPERA LTDhistory →SPONSORED ADS1.30%$3M122.3K
32CBRECBRE GROUP INChistory →CL A1.28%$2M15.7K
33CTRACOTERRA ENERGY INChistory →COM1.25%$2M102.6K
34SANBANCO SANTANDER S.A.history →ADR1.20%$2M222.4K
35AMXAMERICA MOVIL SAB DE CVhistory →SPON ADS RP CL B1.15%$2M106.4K
36COPCONOCOPHILLIPShistory →COM1.10%$2M22.5K
37SCHPSCHWAB STRATEGIC TRUS TIPS ETF0.97%$2M70.1K
38LMTLOCKHEED MARTIN CORPCOM0.84%$2M3.3K
39KTBKONTOOR BRANDS INCCOM0.79%$2M19.3K
40ARCOS DORADOS HOLDINGS INCSHS CLASS -A -0.69%$1M199.6K
41CMCSACOMCAST CORP NEWCL A0.66%$1M40.4K
42VFCV F CORPCOM0.51%$992,62568.8K
43CBCHUBB LIMITEDCOM0.49%$955,6993.4K
44SPYSPDR S&P 500 ETF TRTR UNIT0.44%$844,0501.3K
45AMTMAMENTUM HOLDINGS INCCOM0.38%$730,06830.5K
46ADPAUTOMATIC DATA PROCESSING INCOM0.35%$681,8012.3K
47LLYELI LILLY & COCOM0.35%$669,151877
48HSBCHSBC HLDGS PLCSPON ADR NEW0.29%$571,0348.0K
49NFLXNETFLIX INCCOM0.29%$558,697466
50BJBJS WHSL CLUB HLDGS INCCOM0.28%$542,2495.8K
51UBSUBS GROUP AGSHS0.24%$463,09511.3K
52SPXVPROSHARES TRSP500 EX HLTH0.23%$454,9596.2K
53SAPSAP SESPON ADR0.22%$432,8801.6K
54BPBP PLCSPONSORED ADR0.21%$408,17911.8K
55TELFYTELEFONICA S ASPONSORED ADR0.20%$385,99976.0K
56NGGNATIONAL GRID PLCSPONSORED ADR NE0.19%$375,8495.2K
57BHPBHP GROUP LTDSPONSORED ADS0.17%$338,5146.1K
58TMTOYOTA MOTOR CORPADS0.17%$326,7641.7K
59TSLATESLA INCCOM0.17%$326,424734
60ASMLFASML HOLDING N VN Y REGISTRY SHS0.17%$324,310335
61HMCHONDA MOTOR LTDADR ECH CNV IN 30.15%$295,2189.6K
62HASIHA SUSTAINABLE INFRA CAP INCCOM0.14%$275,9939.0K
63NXTNEXTRACKER INCCLASS A COM0.14%$271,9133.7K
64NEENEXTERA ENERGY INCCOM0.14%$271,0093.6K
65WDSWOODSIDE ENERGY GROUP LTDSPONSORED ADR0.14%$270,05717.9K
66BEPCBROOKFIELD RENEWABLE PARTNERPARTNERSHIP UNIT0.14%$263,70310.2K
67ITRIITRON INCCOM0.13%$261,5762.1K
68FSLRFIRST SOLAR INCCOM0.12%$235,9671.1K
69HONHONEYWELL INTL INCCOM0.12%$235,5501.1K
70ORAORMAT TECHNOLOGIES INCCOM0.12%$232,4442.4K
71XYLXYLEM INCCOM0.12%$231,5751.6K
72OCOWENS CORNING NEWCOM0.12%$229,1651.6K
73EMAEMERA INCCOM0.12%$224,7254.7K
74JNJJOHNSON & JOHNSONCOM0.11%$220,0941.2K
75ALBALBEMARLE CORPCOM0.11%$217,0512.7K
76HXLHEXCEL CORP NEWCOM0.11%$216,0023.4K
77CLCOLGATE PALMOLIVE COCOM0.11%$215,0392.7K
78CMICUMMINS INCCOM0.11%$213,297505
79MRKMERCK & CO INCCOM0.11%$208,3982.5K
80GNRCGENERAC HLDGS INCCOM0.11%$206,7391.2K

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 ↗.