SEC 13F Intelligence

Managers / Q4 2025 · view latest →

American Trust Investment Advisors, LLC

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

Reported Value
$187M
Q4 2025
Positions
77
Filings on Record
30
2019–present window
Filed
Feb 17, 2026
original filing

Summary

American Trust Investment Advisors, LLC reported $187M in U.S.-listed holdings across 77 positions for Q4 2025.

Its largest position, BRK/B, represents 7.3% of the portfolio.

Compared with Q3 2025, the fund opened 1 new position and exited 5.

Portfolio Metrics

Turnover
+6.5%
vs prior filed quarter
Top-10 Concentration
+40.9%
share of reported value
Largest Position
+7.3%
Berkshire Hathaway
New / Exited
1 / 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: 85.7%ADR: 10.1%ETP: 1.7%REIT: 1.6%Other: 0.8%
  • Common Stock · 85.7% · $160M
  • ADR · 10.1% · $19M
  • ETP · 1.7% · $3M
  • REIT · 1.6% · $3M
  • Other · 0.8% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MPMP MATERIALS CORPNEW+59.8K59.8K+$3M$3M
NFLXNETFLIX INCADDED+3.7K4.1K−$170,531$388,166
KIMKIMCO RLTY CORPSOLD OUT−186.0K0−$4M$0
FCXFREEPORT-MCMORAN INCSOLD OUT−86.9K0−$3M$0
CMCSACOMCAST CORP NEWSOLD OUT−40.4K0−$1M$0
OCOWENS CORNING NEWSOLD OUT−1.6K0−$229,165$0
GNRCGENERAC HLDGS INCSOLD OUT−1.2K0−$206,739$0
CCJCAMECO CORPTRIMMED−18.2K41.3K−$1M$4M

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

Holdings — Q4 2025

76 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW7.28%$14M27.1K
2AAPLAPPLE INChistory →COM4.95%$9M34.0K
3LRCXLAM RESEARCH CORPhistory →COM NEW4.32%$8M47.1K
4MSFTMICROSOFT CORPhistory →COM4.00%$7M15.5K
5CEGCONSTELLATION ENERGY CORPhistory →COM3.82%$7M20.2K
6IBMINTERNATIONAL BUSINESS MACHShistory →COM3.75%$7M23.7K
7METAMETA PLATFORMS INChistory →CL A3.34%$6M9.5K
8BGBUNGE GLOBAL SAhistory →COM SHS3.18%$6M66.8K
9GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.18%$6M19.0K
10CCITIGROUP INChistory →COM NEW3.12%$6M49.9K
11SONYSONY GROUP CORPhistory →SPONSORED ADR3.04%$6M222.4K
12ACNACCENTURE PLC IRELANDhistory →SHS CLASS A2.73%$5M19.0K
13SCHWSCHWAB CHARLES CORPhistory →COM2.72%$5M50.9K
14ALVAUTOLIV INChistory →COM2.68%$5M42.2K
15AMZNAMAZON COM INChistory →COM2.62%$5M21.2K
16JJACOBS SOLUTIONS INChistory →COM2.57%$5M36.3K
17CARRCARRIER GLOBAL CORPORATIONhistory →COM2.44%$5M86.3K
18SOSOUTHERN COhistory →COM2.38%$4M51.0K
19NXPINXP SEMICONDUCTORS N Vhistory →COM2.24%$4M19.3K
20CCJCAMECO CORPhistory →COM2.02%$4M41.3K
21FLRFLUOR CORP NEWhistory →COM1.87%$3M88.3K
22MDLZMONDELEZ INTL INChistory →CL A1.77%$3M61.4K
23BWXTBWX TECHNOLOGIES INChistory →COM1.75%$3M19.0K
24EMBJEMBRAER S.A.history →SPONSORED ADS1.72%$3M50.0K
25LENLENNAR CORPhistory →CL A1.66%$3M30.1K
26IRMIRON MTN INC DELhistory →COM1.62%$3M36.6K
27MPMP MATERIALS CORPhistory →COM CL A1.62%$3M59.8K
28CTRACOTERRA ENERGY INChistory →COM1.47%$3M104.6K
29LNGCHENIERE ENERGY INChistory →COM NEW1.41%$3M13.6K
30SANBANCO SANTANDER SAhistory →ADR1.40%$3M222.9K
31CBRECBRE GROUP INChistory →CL A1.36%$3M15.8K
32AMXAMERICA MOVIL SAB DE CVhistory →SPON ADS RP CL B1.17%$2M106.2K
33COPCONOCOPHILLIPShistory →COM1.11%$2M22.3K
34TREXTREX CO INChistory →COM1.03%$2M54.7K
35SCHPSCHWAB STRATEGIC TRUS TIPS ETF0.99%$2M70.1K
36OPRAOPERA LTDSPONSORED ADS0.95%$2M126.0K
37LMTLOCKHEED MARTIN CORPCOM0.88%$2M3.4K
38ARCOS DORADOS HOLDINGS INCSHS CLASS -A -0.82%$2M209.3K
39VFCV F CORPCOM0.67%$1M69.8K
40KTBKONTOOR BRANDS INCCOM0.64%$1M19.7K
41CBCHUBB LIMITEDCOM0.57%$1M3.4K
42LLYELI LILLY & COCOM0.51%$947,868882
43AMTMAMENTUM HOLDINGS INCCOM0.45%$846,07529.2K
44SPYSPDR S&P 500 ETF TRTR UNIT0.45%$843,5351.2K
45HSBCHSBC HLDGS PLCSPON ADR NEW0.34%$632,9008.0K
46ADPAUTOMATIC DATA PROCESSING INCOM0.31%$584,6842.3K
47BJBJS WHSL CLUB HLDGS INCCOM0.28%$523,5245.8K
48UBSUBS GROUP AGSHS0.28%$523,07111.3K
49SPXVPROSHARES TRSP500 EX HLTH0.24%$449,9416.0K
50BPBP PLCSPONSORED ADR0.21%$401,47911.6K
51NGGNATIONAL GRID PLCSPONSORED ADR NE0.21%$400,0545.2K
52SAPSAP SESPON ADR0.21%$393,5141.6K
53NFLXNETFLIX INCCOM0.21%$388,1664.1K
54BHPBHP GROUP LTDSPONSORED ADS0.20%$366,5676.1K
55TMTOYOTA MOTOR CORPADS0.20%$366,0431.7K
56ASMLFASML HOLDING N VN Y REGISTRY SHS0.19%$358,403335
57TSLATESLA INCCOM0.18%$330,094734
58ALBALBEMARLE CORPCOM0.17%$322,3422.3K
59TELFYTELEFONICA S ASPONSORED ADR0.16%$307,73576.0K
60NEENEXTERA ENERGY INCCOM0.15%$288,2053.6K
61HMCHONDA MOTOR LTDADR ECH CNV IN 30.15%$282,5669.6K
62HASIHA SUSTAINABLE INFRA CAP INCCOM0.15%$282,5569.0K
63WDSWOODSIDE ENERGY GROUP LTDSPONSORED ADR0.15%$279,74717.9K
64FSLRFIRST SOLAR INCCOM0.15%$279,5161.1K
65BEPCBROOKFIELD RENEWABLE PARTNERPARTNERSHIP UNIT0.15%$275,76810.2K
66ORAORMAT TECHNOLOGIES INCCOM0.14%$266,7852.4K
67MRKMERCK & CO INCCOM0.14%$261,3612.5K
68CMICUMMINS INCCOM0.14%$257,777505
69HONHONEYWELL INTL INCCOM0.14%$257,3241.3K
70HXLHEXCEL CORP NEWCOM0.14%$254,5863.4K
71JNJJOHNSON & JOHNSONCOM0.13%$243,5801.2K
72ITRIITRON INCCOM0.13%$240,5072.6K
73XYLXYLEM INCCOM0.13%$238,9961.8K
74NXTNEXTPOWER INCCLASS A COM0.12%$233,0192.7K
75EMAEMERA INCCOM0.12%$230,9054.7K
76CLCOLGATE PALMOLIVE COCOM0.11%$212,5642.7K

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 ↗.