Institutional Manager · CIK 0001905128

American Trust

LEXINGTON, KY · File #028-22385

Latest AUM

$1.19B

Positions

328

Top-10 Concentration

65.4%

Filings

Portfolio Value Over Time

2024-06

2024-09

2024-12

2025-03

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
ADD	VANGUARD GROWTH ETF	922908736	+106,073	+$51.7M	+$137,657
REDUCE	Vanguard Mega Cap Growth ETF	921910816	-109,404	-$45.2M	+$5.3M
NEW	DIMENSIONAL INTERNATIONAL CORE	25434V799	+1,000,934	+$34.5M	$0
NEW	JP MORGAN FLEXIBLE DEBT ETF	46654Q559	+431,799	+$21.7M	$0
REDUCE	VANGUARD S&P 500	922908363	-34,050	-$21.4M	+$19.1M
NEW	DIMENSIONAL US VECTOR EQUITY ET	25434V559	+251,780	+$15.1M	$0
ADD	JPMORGAN ACTIVE GROWTH ETF	46654Q609	+119,768	+$11.1M	+$3.1M
REDUCE	ISHARES CORE S&P MID-CAP ETF	464287507	-132,618	-$8.8M	+$3.1M
REDUCE	ISHARES RUSSELL 1000 GROWTH IND	464287614	-16,807	-$8.0M	+$987,719
ADD	VANGUARD INTERMED TERM BOND ETF	921937819	+86,683	+$6.8M	+$753,346

Sector Allocation

6.3%$74.8M

4.8%$57.3M

2.8%$32.9M

2.2%$26.2M

Consumer Discretionary

1.6%$19.7M

Communication Services

0.5%$5.8M

0.5%$5.6M

0.4%$4.9M

0.2%$2.9M

0.1%$1.3M

Filing History

Feb 17, 202613F COMBINATION REPORTQ/E Dec 2025328 pos · $1.19B
Nov 17, 202513F COMBINATION REPORTQ/E Sep 2025327 pos · $1.18B
Sep 3, 202513F COMBINATION REPORTQ/E Sep 2025302 pos · $1.06B
May 16, 202513F COMBINATION REPORTQ/E Mar 2025121 pos · $405.6M
Feb 18, 202513F COMBINATION REPORTQ/E Dec 2024313 pos · $1.31B
Nov 29, 202413F COMBINATION REPORTQ/E Sep 2024256 pos · $1.21B
Sep 12, 202413F COMBINATION REPORTQ/E Sep 2024244 pos · $1.22B
Jun 11, 202413F COMBINATION REPORTQ/E Jun 2024286 pos · $1.20B
Nov 15, 202313F COMBINATION REPORTQ/E Dec 2023370 pos · $1.29B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	VANGUARD S&P 500	922908363	289,240	$181.4M	18.71%
2	VANGUARD INTERMED TERM BOND ETF	921937819	1,147,691	$89.6M	9.24%
3	ISHARES CORE DIVIDEND GROWTH	46434V621	960,971	$66.7M	6.88%
4	JPMORGAN ACTIVE GROWTH ETF	46654Q609	574,951	$53.4M	5.50%
5	VANGUARD GROWTH ETF	922908736	108,857	$53.1M	5.48%
6	VANGUARD SMALL CAP ETF	922908751	185,395	$47.8M	4.93%
7	ISHARES CORE S&P MID-CAP ETF	464287507	650,123	$42.9M	4.43%
8	VANGUARD MID CAP INDEX ETF	922908629	119,080	$34.6M	3.56%
9	DIMENSIONAL INTERNATIONAL CORE	25434V799	1,000,934	$34.5M	3.56%
10	INVESCO QQQ TRUST	IVZ	48,495	$29.8M	3.07%
11	VANGUARD FTSE DEVELOPED MARKETS	921943858	468,513	$29.3M	3.02%
12	JP MORGAN ULTRA SHORT INCOME ET	46641Q837	525,224	$26.6M	2.74%
13	JP MORGAN FLEXIBLE DEBT ETF	46654Q559	431,799	$21.7M	2.24%
14	APPLE INC	AAPL	68,055	$18.5M	1.91%
15	MICROSOFT	MSFT	36,622	$17.7M	1.83%
16	DIMENSIONAL US VECTOR EQUITY ET	25434V559	251,780	$15.1M	1.55%
17	JP MORGAN CHASE	VYLD	37,295	$12.0M	1.24%
18	SCHWAB FUNDAMENTAL US LARGE COM	808524771	393,103	$10.7M	1.10%
19	VANGUARD FTSE EMERGING MARKETS	922042858	198,235	$10.7M	1.10%
20	NVIDIA CORP	NVDA	54,813	$10.2M	1.05%