SEC 13F Intelligence

Managers / Q4 2023 · view latest →

AMG National Trust Bank

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

Reported Value
$3.2B
Q4 2023
Positions
595
Filings on Record
31
2019–present window
Filed
Feb 8, 2024
original filing

Summary

Amg National Trust Bank reported $3.2B in U.S.-listed holdings across 595 positions for Q4 2023.

Its largest position, Spdr S P 500 Etf Tr, represents 8.9% of the portfolio.

Compared with Q3 2023, the fund opened 35 new positions and exited 28.

Portfolio Metrics

Turnover
+2.2%
vs prior filed quarter
Top-10 Concentration
+39.5%
share of reported value
Largest Position
+8.9%
Spdr S P 500 Etf Tr
New / Exited
35 / 28
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. 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: 68.3%Common Stock: 30.0%Other: 0.8%ADR: 0.5%REIT: 0.3%Other: 0.1%
  • ETP · 68.3% · $2.2B
  • Common Stock · 30.0% · $957M
  • Other · 0.8% · $25M
  • ADR · 0.5% · $17M
  • REIT · 0.3% · $8M
  • Other · 0.1% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BUNGE GLOBAL SANEW+37.9K37.9K+$4M$4M
ISHARES TRNEW+37.2K37.2K+$4M$4M
BAXBAXTER INTL INCNEW+69.3K69.3K+$3M$3M
QUAKER HOUGHTONNEW+7.8K7.8K+$2M$2M
BKHBLACK HILLS CORPNEW+30.3K30.3K+$2M$2M
XELXCEL ENERGY INCNEW+25.9K25.9K+$2M$2M
JNPJUNIPER NETWORKS INCNEW+42.8K42.8K+$1M$1M
ISHARES INCNEW+27.0K27.0K+$1M$1M

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

Holdings — Q4 2023

24 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRRUS MID CAP ETF · RUSSELL 2000 ETF · CORE MSCI TOTAL · CORE S&P500 ETF · RUS 1000 ETF · MSCI EAFE ETF · RUS 2000 VAL ETF · RUS MDCP VAL ETF · RUS 1000 GRW ETF · CORE MSCI EAFE · MSCI ACWI EX US · CONV BD ETF · SELECT DIVID ETF · RUS MD CP GR ETF · NATIONAL MUN ETF · RUS 1000 VAL ETF · COHEN STEER REIT · RUS 2000 GRW ETF · CORE S&P MCP ETF35.36%$1.1B10.99M
2SPDR S&P 500 ETF TRTR UNIT9.75%$310M653.3K
3VANGUARD INDEX FDSS&P 500 ETF SHS · TOTAL STK MKT · SMALL CP ETF · MID CAP ETF5.34%$170M609.2K
4LOWLOWES COS INChistory →COM3.04%$97M435.5K
5VANGUARD BD INDEX FDSTOTAL BND MRKT2.94%$94M1.27M
6BALLBALL CORPhistory →COM2.29%$73M1.27M
7AAPLAPPLE INChistory →COM1.94%$62M321.4K
8VANGUARD STAR FDSVG TL INTL STK F1.24%$39M679.6K
9NDQINVESCO QQQ TRhistory →UNIT SER 11.10%$35M85.8K
10VFCV F CORPhistory →COM0.97%$31M1.64M
11HDHOME DEPOT INChistory →COM0.92%$29M85.0K
12MSFTMICROSOFT CORPhistory →COM0.80%$25M67.8K
13KTBKONTOOR BRANDS INChistory →COM0.62%$20M314.8K
14GQ9SPDR GOLD TRhistory →GOLD SHS0.61%$19M101.4K
15TAPMOLSON COORS BEVERAGE COhistory →CL B0.60%$19M312.6K
16AMZNAMAZON COM INChistory →COM0.58%$19M122.2K
17BRK/ABERKSHIRE HATHAWAY INC DELhistory →CL A0.56%$18M33
18SPDR DOW JONES INDL AVERAGEUT SER 10.56%$18M47.3K
19VANGUARD SPECIALIZED FUNDSDIV APP ETF0.49%$16M91.8K
20VANGUARD MALVERN FDSSTRM INFPROIDX0.47%$15M313.1K
21JNJJOHNSON & JOHNSONhistory →COM0.39%$12M79.1K
22GPKGRAPHIC PACKAGING HLDG COhistory →COM0.38%$12M488.9K
23SELECT SECTOR SPDR TRTECHNOLOGY0.35%$11M58.1K
24PPLTUSDABRDN PLATINUM ETF TRUSThistory →PHYSCL PLATM SHS0.33%$11M115.9K

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 ↗.