American Capital Advisory LLC's Q3 2025 13F: 198 new positions, 56 exits
Form 13F-HR for the quarter ended Sep 30, 2025 · filed Oct 28, 2025 · 1005 reported positions · accession 0002018007-25-000005
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | DIMENSIONAL ETF TRUST (DUSB) | 8.2% | 8.1% | −0.1 pts | +20,240 sh | +6% |
| Increased | DIMENSIONAL ETF TRUST (DFAC) | 12.6% | 12.9% | +0.3 pts | +18,769 sh | +3% |
| Increased | AMAZON COM INC (AMZN) | 0.5% | 0.8% | +0.3 pts | +3,152 sh | +64% |
| Increased | EQUINOX GOLD CORP (EQX) | 0.0% | 0.3% | +0.3 pts | +55,640 sh | +1258% |
| Reduced | VANECK ETF TRUST (GDX) | 0.8% | 0.8% | 0.0 pts | −6,806 sh | −22% |
| Reduced | PHILIP MORRIS INTL INC (PM) | 1.9% | 1.3% | −0.5 pts | −2,783 sh | −14% |
| Increased | DIMENSIONAL ETF TRUST (DFUS) | 7.1% | 7.3% | +0.2 pts | +6,146 sh | +3% |
| Reduced | ISHARES TR (PFF) | 0.5% | 0.3% | −0.2 pts | −12,184 sh | −36% |
| Increased | CATERPILLAR INC (CAT) | 0.0% | 0.2% | +0.2 pts | +798 sh | +5700% |
| Reduced | AST SPACEMOBILE INC (ASTS) | 0.5% | 0.3% | −0.2 pts | −7,480 sh | −36% |
| Increased | INVESCO ACTIVELY MANAGED EXC (GTO) | 4.4% | 4.3% | −0.1 pts | +7,643 sh | +4% |
| Reduced | CISCO SYS INC (CSCO) | 1.4% | 1.1% | −0.3 pts | −5,046 sh | −13% |
| Reduced | META PLATFORMS INC (META) | 1.3% | 1.1% | −0.3 pts | −466 sh | −13% |
| Reduced | SCHWAB STRATEGIC TR (SCHZ) | 0.2% | 0.0% | −0.2 pts | −14,100 sh | −96% |
| Increased | VANGUARD INDEX FDS (VTI) | 0.2% | 0.4% | +0.1 pts | +934 sh | +65% |
| Increased | J P MORGAN EXCHANGE TRADED F (JEPI) | 0.3% | 0.4% | +0.1 pts | +4,851 sh | +48% |
| Increased | GLOBAL BUSINESS TRAVEL GROUP (GBTG) | 0.3% | 0.5% | +0.2 pts | +31,261 sh | +33% |
| Increased | DIMENSIONAL ETF TRUST (DFAI) | 4.5% | 4.5% | 0.0 pts | +6,231 sh | +2% |
| Reduced | ARCOS DORADOS HOLDINGS INC (ARCO) | 1.2% | 0.9% | −0.4 pts | −32,909 sh | −11% |
| Exited | NEOGEN CORP (NEOG) | 0.1% | — | −0.1 pts | −35,376 sh | −100% |
| Increased | TOWNEBANK PORTSMOUTH VA (TOWN) | 0.0% | 0.1% | +0.1 pts | +5,255 sh | +350% |
| Reduced | APPLE INC (AAPL) | 2.4% | 2.6% | +0.3 pts | −617 sh | −3% |
| Increased | VANGUARD INDEX FDS (VOO) | 0.2% | 0.3% | +0.1 pts | +255 sh | +30% |
| Increased | DIMENSIONAL ETF TRUST (DFIC) | 4.8% | 4.8% | 0.0 pts | +4,631 sh | +1% |
| Increased | INVESCO QQQ TR (QQQ) | 0.0% | 0.1% | +0.1 pts | +251 sh | +160% |
| Reduced | VANGUARD SCOTTSDALE FDS (VONE) | 0.2% | 0.1% | −0.1 pts | −451 sh | −41% |
| Exited | ISHARES TR (IBB) | 0.1% | — | −0.1 pts | −891 sh | −100% |
| Increased | TOAST INC (TOST) | 0.3% | 0.3% | 0.0 pts | +3,290 sh | +25% |
| Reduced | LABCORP HOLDINGS INC (LH) | 1.8% | 1.8% | 0.0 pts | −402 sh | −3% |
| Increased | ISHARES TR (MTUM) | 0.1% | 0.1% | 0.0 pts | +419 sh | +85% |
| New | J P MORGAN EXCHANGE TRADED F (JEPQ) | — | 0.0% | 0.0 pts | +1,820 sh | new |
| Increased | VANGUARD BD INDEX FDS (BSV) | 0.1% | 0.1% | 0.0 pts | +1,254 sh | +56% |
| Reduced | ISHARES TR (IEFA) | 0.2% | 0.1% | 0.0 pts | −1,106 sh | −28% |
| Increased | DIMENSIONAL ETF TRUST (DUHP) | 0.1% | 0.1% | 0.0 pts | +2,538 sh | +76% |
| Increased | VANGUARD INTL EQUITY INDEX F (VEU) | 0.8% | 0.9% | 0.0 pts | +1,338 sh | +5% |
| Increased | DIMENSIONAL ETF TRUST (DFUV) | 0.0% | 0.1% | 0.0 pts | +2,086 sh | +103% |
| Reduced | COSTCO WHSL CORP NEW (COST) | 0.5% | 0.4% | −0.1 pts | −100 sh | −10% |
| Increased | DIMENSIONAL ETF TRUST (DFEM) | 1.1% | 1.2% | 0.0 pts | +2,855 sh | +4% |
| Reduced | NVIDIA CORPORATION (NVDA) | 1.0% | 1.0% | +0.1 pts | −469 sh | −4% |
| New | CAMECO CORP (CCJ) | — | 0.0% | 0.0 pts | +1,000 sh | new |
| Reduced | DIMENSIONAL ETF TRUST (DFAE) | 1.3% | 1.3% | 0.0 pts | −2,647 sh | −3% |
| New | ISHARES TR (AGG) | — | 0.0% | 0.0 pts | +811 sh | new |
| Increased | VANGUARD TAX-MANAGED FDS (VEA) | 0.0% | 0.1% | 0.0 pts | +1,206 sh | +88% |
| Reduced | JPMORGAN CHASE & CO. (JPM) | 0.5% | 0.5% | 0.0 pts | −220 sh | −6% |
| Reduced | SPDR GOLD TR (GLD) | 0.7% | 0.7% | 0.0 pts | −185 sh | −4% |
| Reduced | DIMENSIONAL ETF TRUST (DFAU) | 4.2% | 4.1% | 0.0 pts | −1,431 sh | −1% |
| Reduced | VANGUARD WORLD FD (VGT) | 0.4% | 0.4% | 0.0 pts | −84 sh | −8% |
| Reduced | MARKEL GROUP INC (MKL) | 1.0% | 0.9% | −0.1 pts | −28 sh | −3% |
| Increased | DIREXION SHS ETF TR (QQQE) | 0.0% | 0.1% | 0.0 pts | +503 sh | +64% |
| Exited | CHAMPIONX CORPORATION (CHX) | 0.0% | — | 0.0 pts | −1,798 sh | −100% |
The 50 largest of 707 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- ATHIRA PHARMA INC (ATHA): 04746L104 → 04746L203, 2,000 → 200 shares (share count change consistent with a stock split)
Top 10 positions — 52.3% of the equity book
Changes in the top 10 this quarter: LH entered · PM left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | DIMENSIONAL ETF TRUST (DFAC) | 12.6% | 12.9% | |
| 2 | DIMENSIONAL ETF TRUST (DUSB) | 8.2% | 8.1% | |
| 3 | DIMENSIONAL ETF TRUST (DFUS) | 7.1% | 7.3% | |
| 4 | DIMENSIONAL ETF TRUST (DFIC) | 4.8% | 4.8% | |
| 5 | DIMENSIONAL ETF TRUST (DFAI) | 4.5% | 4.5% | |
| 6 | INVESCO ACTIVELY MANAGED EXC (GTO) | 4.4% | 4.3% | |
| 7 | DIMENSIONAL ETF TRUST (DFAU) | 4.2% | 4.1% | |
| 8 | APPLE INC (AAPL) | 2.4% | 2.6% | |
| 9 | VANGUARD INDEX FDS (VUG) | 1.9% | 1.9% | |
| 10 | LABCORP HOLDINGS INC (LH) | 1.8% | 1.8% | Entered the top 10 |
| — | PHILIP MORRIS INTL INC (PM) | 1.9% | 1.3% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).