SEC 13F Intelligence

Managers / Q3 2023 · view latest →

AMG National Trust Bank

CIK 0001388829 · 6295 GREENWOOD PLAZA BLVD, GREENWOOD VILLAGE, CO, 80111 · 303.694.2190

Reported Value
$2.9B
Q3 2023
Positions
586
Filings on Record
31
2019–present window
Filed
Nov 8, 2023
original filing

Summary

Amg National Trust Bank reported $2.9B in U.S.-listed holdings across 586 positions for Q3 2023.

The portfolio is heavily concentrated: IWR alone accounts for 40.0% of reported value.

Compared with Q2 2023, the fund opened 17 new positions and exited 38.

Portfolio Metrics

Turnover
+2.3%
vs prior filed quarter
Top-10 Concentration
+69.3%
share of reported value
Largest Position
+40.0%
Ishares Tr
New / Exited
17 / 38
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: $1.4BQ4 ’18Q1 ’19: $1.6BQ2 ’19: $1.7BQ3 ’19: $1.7BQ4 ’19: $1.8BQ4 ’19Q1 ’20: $1.3BQ2 ’20: $2.3BQ3 ’20: $2.4BQ4 ’20: $2.8BQ4 ’20Q1 ’21: $3.0BQ2 ’21: $3.1BQ3 ’21: $3.1BQ4 ’21: $3.4BQ4 ’21Q1 ’22: $3.1BQ2 ’22: $2.7BQ3 ’22: $2.7BQ4 ’22: $2.8BQ4 ’22Q1 ’23: $2.9BQ2 ’23: $3.0BQ3 ’23: $2.9BQ4 ’23: $3.2BQ4 ’23Q1 ’24: $3.4BQ2 ’24: $3.7BQ3 ’24: $3.7BQ4 ’24: $3.6BQ4 ’24Q1 ’25: $3.6BQ2 ’25: $3.8BQ3 ’25: $4.1BQ4 ’25: $4.2BQ4 ’25Q1 ’26: $4.6Bfilingsflow.com

Portfolio Composition

By security type
ETP: 68.1%Common Stock: 30.4%ADR: 0.7%Other: 0.4%REIT: 0.2%Other: 0.1%
  • ETP · 68.1% · $1.9B
  • Common Stock · 30.4% · $870M
  • ADR · 0.7% · $21M
  • Other · 0.4% · $13M
  • REIT · 0.2% · $7M
  • Other · 0.1% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CGCARLYLE GROUP INCNEW+97.5K97.5K+$3M$3M
BCSBARCLAYS PLCNEW+222.8K222.8K+$2M$2M
SFSTIFEL FINL CORPNEW+20.9K20.9K+$1M$1M
JBHTHUNT J B TRANS SVCS INCNEW+6.8K6.8K+$1M$1M
GNLXGENELUX CORPORATIONNEW+50.3K50.3K+$1M$1M
CTSHCOGNIZANT TECHNOLOGY SOLUTIONEW+18.2K18.2K+$1M$1M
RRCRANGE RES CORPNEW+34.7K34.7K+$1M$1M
CHARLES RIV LABS INTL INCNEW+5.7K5.7K+$1M$1M

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

Holdings — Q3 2023

301 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1IWRISHARES TRRUS MID CAP ETF · RUSSELL 2000 ETF · CORE MSCI TOTAL · RUS 1000 ETF · CORE S&P500 ETF · MSCI EAFE ETF · RUS 2000 VAL ETF · RUS MDCP VAL ETF · MSCI ACWI EX US · RUS 1000 GRW ETF · CONV BD ETF · CORE MSCI EAFE · SELECT DIVID ETF · RUS MD CP GR ETF · RUS 1000 VAL ETF · COHEN STEER REIT · NATIONAL MUN ETF · RUS 2000 GRW ETF · CORE S&P MCP ETF · PFD AND INCM SEC · INTRM GOV CR ETF · U.S. ENERGY ETF · MSCI EMG MKT ETF · SHORT TREAS BD · 3 7 YR TREAS BD · SHRT NAT MUN ETF · CORE US AGGBD ET · CORE MSCI EURO · IBOXX INV CP ETF · IBONDS DEC24 ETF · ISHS 1-5YR INVS · TIPS BD ETF · ISHS 5-10YR INVT · S&P 500 GRWT ETF · CORE S&P SCP ETF · S&P 100 ETF · IBONDS DEC2023 · EAFE VALUE ETF · NEW ZEALAND ETF · CORE HIGH DV ETF · MSCI PERU AND GL · CHINA LG-CAP ETF · MSCI ACWI ETF · S&P 500 VAL ETF · IBONDS DEC23 ETF · S&P MC 400VL ETF · S&P MC 400GR ETF · EAFE GRWTH ETF · US CONSUM DISCRE · GOV/CRED BD ETF · RUS TP200 GR ETF · CORE TOTAL USD · IBONDS DEC25 ETF · A RATE CP BD ETF · U.S. FIN SVC ETF · 1 3 YR TREAS BD · MSCI FINLAND ETF · CORE S&P TTL STK · IBONDS DEC 25 · SP SMCP600VL ETF · IBOXX HI YD ETF · MSCI EAFE MIN VL40.01%$1.1B13.24M
2SPYSPDR S&P 500 ETF TRhistory →TR UNIT9.67%$277M647.4K
3VTIVANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS · SMALL CP ETF · MID CAP ETF · SM CP VAL ETF · MCAP VL IDXVIP · LARGE CAP ETF · REAL ESTATE ETF · VALUE ETF · GROWTH ETF · SML CP GRW ETF · EXTEND MKT ETF5.63%$161M666.3K
4BNDVANGUARD BD INDEX FDSTOTAL BND MRKT · SHORT TRM BOND · LONG TERM BOND · INTERMED TERM3.19%$91M1.31M
5LOWLOWES COS INChistory →COM3.17%$91M437.2K
6BALLBALL CORPhistory →COM2.21%$63M1.27M
7AAPLAPPLE INChistory →COM2.03%$58M339.5K
8VXUSVANGUARD STAR FDShistory →VG TL INTL STK F1.26%$36M671.7K
9XLKSELECT SECTOR SPDR TRTECHNOLOGY · FINANCIAL · SBI HEALTHCARE · SBI CONS DISCR · INDL · SBI CONS STPLS · SBI MATERIALS · ENERGY · SBI INT-UTILS · COMMUNICATION · RL EST SEL SEC1.06%$30M397.3K
10VFCV F CORPhistory →COM1.02%$29M1.66M
11QQQINVESCO QQQ TRhistory →UNIT SER 11.02%$29M81.6K
12HDHOME DEPOT INChistory →COM0.90%$26M85.1K
13BRK/ABERKSHIRE HATHAWAY INC DELCL A · CL B NEW0.88%$25M21.5K
14MSFTMICROSOFT CORPhistory →COM0.75%$21M67.9K
15TAPMOLSON COORS BEVERAGE COhistory →CL B0.70%$20M313.4K
16GPKGRAPHIC PACKAGING HLDG COhistory →COM0.66%$19M844.6K
17GLDSPDR GOLD TRhistory →GOLD SHS0.63%$18M105.4K
18GOOGALPHABET INCCAP STK CL C · CAP STK CL A0.60%$17M131.1K
19IEMGISHARES INCCORE MSCI EMKT · MSCI EURZONE ETF · MSCI STH KOR ETF · MSCI SWEDEN ETF · MSCI CHILE ETF · MSCI HONG KG ETF · MSCI PAC JP ETF0.58%$17M407.6K
20HRLHORMEL FOODS CORPhistory →COM0.58%$17M438.1K
21DIASPDR DOW JONES INDL AVERAGEhistory →UT SER 10.56%$16M47.7K
22KTBKONTOOR BRANDS INChistory →COM0.55%$16M355.9K
23AMZNAMAZON COM INChistory →COM0.54%$16M122.6K
24VIGVANGUARD SPECIALIZED FUNDShistory →DIV APP ETF0.52%$15M96.6K
25JNJJOHNSON & JOHNSONhistory →COM0.43%$12M79.7K
26VEUVANGUARD INTL EQUITY INDEX FALLWRLD EX US · FTSE EMR MKT ETF0.37%$11M213.5K
27PPLTABRDN PLATINUM ETF TRUSThistory →PHYSCL PLATM SHS0.36%$10M122.0K
28ESGVVANGUARD WORLD FDESG US STK ETF · ESG INTL STK ETF · MEGA CAP INDEX · MEGA CAP VAL ETF0.34%$10M144.0K
29CWBSPDR SER TRBBG CONV SEC ETF · S&P DIVID ETF · NUVEEN BLMBRG SH · PRTFLO S&P500 GW · BLOOMBERG INTL0.34%$10M144.9K
30SLVISHARES SILVER TRISHARES0.32%$9M453.0K
31VYMVANGUARD WHITEHALL FDSHIGH DIV YLD0.29%$8M81.6K
32EXMOCEXXON MOBIL CORPCOM0.29%$8M70.8K
33VTIPVANGUARD MALVERN FDSSTRM INFPROIDX0.28%$8M171.2K
34AMGNAMGEN INCCOM0.28%$8M29.7K
35UNHUNITEDHEALTH GROUP INCCOM0.28%$8M15.7K
36CSCOCISCO SYS INCCOM0.27%$8M142.6K
37IAUISHARES GOLD TRISHARES NEW0.27%$8M218.5K
38JPMJPMORGAN CHASE & COCOM0.27%$8M52.6K
39PGPROCTER AND GAMBLE COCOM0.27%$8M52.3K
40KOCOCA COLA COCOM0.25%$7M128.7K
41CVXCHEVRON CORP NEWCOM0.24%$7M41.4K
42RTXRTX CORPORATIONCOM0.22%$6M86.0K
43LLYELI LILLY & COCOM0.22%$6M11.5K
44RWXSPDR INDEX SHS FDSGLB NAT RESRCE · DJ INTL RL ETF0.21%$6M116.5K
45USBUS BANCORP DELCOM NEW0.21%$6M184.0K
46MSCIMSCI INCCOM0.21%$6M11.8K
47SCHDSCHWAB STRATEGIC TRUS DIVIDEND EQ · US LRG CAP ETF · US MID-CAP ETF · US AGGREGATE B · INTL EQTY ETF · US LCAP GR ETF0.20%$6M95.0K
48CMCSACOMCAST CORP NEWCL A0.20%$6M129.0K
49J P MORGAN EXCHANGE TRADED FBETABULDRS JAPAN0.20%$6M113.3K
50ECLECOLAB INCCOM0.20%$6M33.2K
51SIVRABRDN SILVER ETF TRUSTPHYSCL SILVR SHS0.20%$6M262.9K
52PFGPRINCIPAL FINANCIAL GROUP INCOM0.19%$6M77.4K
53VZVERIZON COMMUNICATIONS INCCOM0.18%$5M162.4K
54TJXTJX COS INC NEWCOM0.18%$5M58.3K
55DHRDANAHER CORPORATIONCOM0.18%$5M20.5K
56BDXBECTON DICKINSON & COCOM0.17%$5M19.1K
57PEPPEPSICO INCCOM0.17%$5M29.2K
58NVDANVIDIA CORPORATIONCOM0.17%$5M11.0K
59HHYATT HOTELS CORPCOM CL A0.17%$5M44.8K
60SYKSTRYKER CORPORATIONCOM0.16%$5M17.3K
61DOWDOW INCCOM0.16%$5M91.3K
62SCHWSCHWAB CHARLES CORPCOM0.16%$5M82.8K
63ORCLORACLE CORPCOM0.16%$4M41.9K
64TXNTEXAS INSTRS INCCOM0.15%$4M27.4K
65GILDGILEAD SCIENCES INCCOM0.15%$4M57.5K
66HSYHERSHEY COCOM0.14%$4M20.4K
67BUNGE LIMITEDCOM0.14%$4M37.4K
68ALLALLSTATE CORPCOM0.14%$4M36.1K
69METAMETA PLATFORMS INCCL A0.14%$4M13.3K
70FDXFEDEX CORPCOM0.14%$4M15.0K
71ARKKARK ETF TRINNOVATION ETF0.14%$4M97.9K
72AXPAMERICAN EXPRESS COCOM0.14%$4M26.0K
73MDYSPDR S&P MIDCAP 400 ETF TRUTSER1 S&PDCRP0.13%$4M8.4K
74MRKMERCK & CO INCCOM0.13%$4M37.0K
75OXYOCCIDENTAL PETE CORPCOM · *W EXP 08/03/2020.13%$4M62.1K
76TMUST-MOBILE US INCCOM0.13%$4M26.3K
77VVISA INCCOM CL A0.13%$4M15.7K
78SNYSANOFISPONSORED ADR0.13%$4M67.0K
79CARRCARRIER GLOBAL CORPORATIONCOM0.12%$3M62.0K
80NSCNORFOLK SOUTHN CORPCOM0.12%$3M17.2K
81ABBVABBVIE INCCOM0.12%$3M22.3K
82ABTABBOTT LABSCOM0.12%$3M34.1K
83WMTWALMART INCCOM0.11%$3M20.5K
84GAPGAP INCCOM0.11%$3M292.9K
85WTWWILLIS TOWERS WATSON PLC LTDSHS0.11%$3M14.9K
86OLEDUNIVERSAL DISPLAY CORPCOM0.11%$3M19.5K
87CITHE CIGNA GROUPCOM0.11%$3M10.6K
88NVSNOVARTIS AGSPONSORED ADR0.11%$3M29.7K
89LHXL3HARRIS TECHNOLOGIES INCCOM0.10%$3M17.2K
90CGCARLYLE GROUP INCCOM0.10%$3M97.5K
91PFEPFIZER INCCOM0.10%$3M88.1K
92NOVNOV INCCOM0.10%$3M139.5K
93ADPAUTOMATIC DATA PROCESSING INCOM0.10%$3M12.0K
94FISVFISERV INCCOM0.10%$3M25.1K
95TFCTRUIST FINL CORPCOM0.10%$3M98.6K
96XRAYDENTSPLY SIRONA INCCOM0.10%$3M82.0K
97PUKPRUDENTIAL PLCADR0.10%$3M126.0K
98GSKGSK PLCSPONSORED ADR0.09%$3M74.6K
99FISFIDELITY NATL INFORMATION SVCOM0.09%$3M48.6K
100LEALEAR CORPCOM NEW0.09%$3M19.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$4.6B675May 4, 202613F-HRchanges · EDGAR ↗
Q4 2025$4.2B640Jan 30, 202613F-HRchanges · EDGAR ↗
Q3 2025$4.1B627Nov 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.8B619Aug 4, 202513F-HRchanges · EDGAR ↗
Q1 2025$3.6B618May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.6B619Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.7B611Nov 7, 202413F-HRchanges · EDGAR ↗
Q2 2024$3.7B616Jul 25, 202413F-HRchanges · EDGAR ↗
Q1 2024$3.4B600May 6, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.2B595Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.9B586Nov 8, 202313F-HRchanges · EDGAR ↗
Q2 2023$3.0B606Aug 3, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.9B621May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.8B603Feb 8, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.7B589Nov 4, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.7B582Aug 5, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.1B593May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.4B594Feb 4, 202213F-HRchanges · EDGAR ↗
Q3 2021$3.1B572Oct 28, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.1B565Aug 3, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.0B541May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.8B538Feb 10, 2021RESTATEMENTchanges · EDGAR ↗
Q3 2020$2.4B523Oct 22, 202013F-HRchanges · EDGAR ↗
Q2 2020$2.3B507Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.3B326May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.8B341Feb 4, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.7B331Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.7B332Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.6B347Apr 25, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.4B340Feb 12, 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 ↗.