# American Capital Advisory, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2018007. Source: https://holderbook.com/funds/2018007-american-capital-advisory-llc/

- Reported value: $274.8M
- Positions: 1,163
- Weight of the ten largest: 57.6%
- Filed: 2026-07-28

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| DIMENSIONAL ETF TRUST | [DFAC](https://holderbook.com/stocks/DFAC/) | $32.1M | 724,338 | 11.7% | 11 |
| DIMENSIONAL ETF TRUST | [DUSB](https://holderbook.com/stocks/DUSB/) | $26.0M | 511,900 | 9.5% | 8 |
| DIMENSIONAL ETF TRUST | [DFUS](https://holderbook.com/stocks/DFUS/) | $24.4M | 297,466 | 8.9% | 11 |
| INVESCO ACTIVELY MANAGED EXC | [GTO](https://holderbook.com/stocks/GTO/) | $20.1M | 429,003 | 7.3% | 11 |
| DIMENSIONAL ETF TRUST | [DFAI](https://holderbook.com/stocks/DFAI/) | $14.7M | 355,694 | 5.3% | 11 |
| DIMENSIONAL ETF TRUST | [DFIC](https://holderbook.com/stocks/DFIC/) | $13.2M | 354,625 | 4.8% | 11 |
| DIMENSIONAL ETF TRUST | [DFAU](https://holderbook.com/stocks/DFAU/) | $9.7M | 188,177 | 3.5% | 11 |
| DIMENSIONAL ETF TRUST | [DFAE](https://holderbook.com/stocks/DFAE/) | $6.6M | 164,221 | 2.4% | 11 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $6.2M | 21,329 | 2.2% | 11 |
| DIMENSIONAL ETF TRUST | [DFEM](https://holderbook.com/stocks/DFEM/) | $5.3M | 131,314 | 1.9% | 11 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $4.9M | 57,225 | 1.8% | 11 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $3.3M | 28,123 | 1.2% | 11 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $3.1M | 4,211 | 1.1% | 11 |
| LABCORP HOLDINGS INC | [LH](https://holderbook.com/stocks/LH/) | $3.1M | 11,001 | 1.1% | 8 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $3.0M | 16,706 | 1.1% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.8M | 11,885 | 1.0% | 11 |
| MGM RESORTS INTERNATIONAL | [MGM](https://holderbook.com/stocks/MGM/) | $2.8M | 58,512 | 1.0% | 11 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.7M | 7,719 | 1.0% | 11 |
| STATE STR CORP | [STT](https://holderbook.com/stocks/STT/) | $2.6M | 15,579 | 1.0% | 11 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.5M | 12,453 | 0.9% | 11 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $2.5M | 11,573 | 0.9% | 11 |
| SHELL PLC | [SHEL](https://holderbook.com/stocks/SHEL/) | $2.3M | 29,527 | 0.8% | 11 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $2.3M | 27,071 | 0.8% | 11 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $2.1M | 36,934 | 0.8% | 11 |
| SPROTT ASSET MANAGEMENT LP | [PSLV](https://holderbook.com/stocks/PSLV/) | $2.0M | 103,538 | 0.7% | 11 |
| MARKEL GROUP INC | [MKL](https://holderbook.com/stocks/MKL/) | $1.8M | 922 | 0.7% | 11 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $1.7M | 15,158 | 0.6% | 11 |
| STATE STR SPDR S&P MIDCAP 40 | [MDY](https://holderbook.com/stocks/MDY/) | $1.6M | 2,275 | 0.6% | 11 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.6M | 2,795 | 0.6% | 11 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $1.5M | 21,428 | 0.6% | 6 |
| ARCOS DORADOS HLDGS INC | [ARCO](https://holderbook.com/stocks/ARCO/) | $1.5M | 185,375 | 0.5% | 11 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $1.4M | 18,912 | 0.5% | 11 |
| PAN AMERN SILVER CORP | [PAAS](https://holderbook.com/stocks/PAAS/) | $1.4M | 31,073 | 0.5% | 8 |
| TOAST INC | [TOST](https://holderbook.com/stocks/TOST/) | $1.4M | 49,241 | 0.5% | 8 |
| AST SPACEMOBILE INC | [ASTS](https://holderbook.com/stocks/ASTS/) | $1.4M | 5,313 | 0.5% | 6 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.3M | 3,569 | 0.5% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $1.3M | 3,454 | 0.5% | 11 |
| NORTHROP GRUMMAN CORP | [NOC](https://holderbook.com/stocks/NOC/) | $1.2M | 2,443 | 0.5% | 11 |
| ISHARES TR | [IDV](https://holderbook.com/stocks/IDV/) | $1.1M | 27,645 | 0.4% | 11 |
| ISHARES TR | [ESGU](https://holderbook.com/stocks/ESGU/) | $1.1M | 6,958 | 0.4% | 11 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.1M | 7,699 | 0.4% | 11 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $1.1M | 7,332 | 0.4% | 11 |
| RIO TINTO PLC | [RIO](https://holderbook.com/stocks/RIO/) | $1.0M | 10,947 | 0.4% | 5 |
| VANECK ETF TRUST | [BIZD](https://holderbook.com/stocks/BIZD/) | $1.0M | 82,000 | 0.4% | 1 |
| SCHWAB STRATEGIC TR | [SCHD](https://holderbook.com/stocks/SCHD/) | $1.0M | 32,441 | 0.4% | 11 |
| AH RLTY TR INC | [AHRT](https://holderbook.com/stocks/AHRT/) | $1.0M | 145,170 | 0.4% | 3 |
| CORE & MAIN INC | [CNM](https://holderbook.com/stocks/CNM/) | $1.0M | 21,284 | 0.4% | 5 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $998.2K | 13,981 | 0.4% | 11 |
| WISDOMTREE TR | [DGS](https://holderbook.com/stocks/DGS/) | $984.2K | 15,209 | 0.4% | 11 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $981.9K | 8,216 | 0.4% | 11 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $980.4K | 2,995 | 0.4% | 11 |
| EQUINOX GOLD CORP | [EQX](https://holderbook.com/stocks/EQX/) | $972.4K | 100,038 | 0.4% | 5 |
| INVESCO EXCH TRADED FD TR II | [SPLV](https://holderbook.com/stocks/SPLV/) | $910.8K | 12,160 | 0.3% | 11 |
| YUM CHINA HLDGS INC | [YUMC](https://holderbook.com/stocks/YUMC/) | $885.9K | 21,676 | 0.3% | 8 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $862.1K | 2,330 | 0.3% | 11 |
| DIMENSIONAL ETF TRUST | [DFAT](https://holderbook.com/stocks/DFAT/) | $845.4K | 12,094 | 0.3% | 11 |
| J P MORGAN EXCHANGE TRADED F | [JEPI](https://holderbook.com/stocks/JEPI/) | $829.2K | 14,681 | 0.3% | 11 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $789.8K | 6,146 | 0.3% | 11 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $776.8K | 3,087 | 0.3% | 11 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $745.4K | 4,758 | 0.3% | 11 |
| WHITE MTNS INS GROUP LTD | [WTM](https://holderbook.com/stocks/WTM/) | $700.8K | 338 | 0.3% | 11 |
| BECTON DICKINSON & CO | [BDX](https://holderbook.com/stocks/BDX/) | $665.9K | 4,400 | 0.2% | 6 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $662.4K | 2,800 | 0.2% | 11 |
| OMNICOM GROUP INC | [OMC](https://holderbook.com/stocks/OMC/) | $657.9K | 9,034 | 0.2% | 11 |
| GOLDMAN SACHS ETF TR | [GSC](https://holderbook.com/stocks/GSC/) | $637.3K | 9,206 | 0.2% | 6 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $633.8K | 1,507 | 0.2% | 11 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $625.4K | 4,619 | 0.2% | 11 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $622.5K | 519 | 0.2% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $565.4K | 2,226 | 0.2% | 11 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $560.5K | 4,014 | 0.2% | 11 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $551.0K | 4,030 | 0.2% | 11 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $527.3K | 457 | 0.2% | 11 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $501.6K | 3,311 | 0.2% | 11 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $498.0K | 8,343 | 0.2% | 11 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $488.3K | 711 | 0.2% | 11 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $465.8K | 622 | 0.2% | 11 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $465.4K | 1,232 | 0.2% | 9 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $453.0K | 484 | 0.2% | 11 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $432.3K | 864 | 0.2% | 11 |
| FIRST TR EXCHANGE-TRADED FD | [FTCS](https://holderbook.com/stocks/FTCS/) | $411.4K | 4,380 | 0.1% | 9 |
| SCHWAB STRATEGIC TR | [SCHC](https://holderbook.com/stocks/SCHC/) | $394.0K | 8,187 | 0.1% | 11 |
| THE CIGNA GROUP | [CI](https://holderbook.com/stocks/CI/) | $379.1K | 1,375 | 0.1% | 11 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $379.0K | 3,817 | 0.1% | 9 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $333.5K | 921 | 0.1% | 11 |
| INTERNATIONAL PAPER CO | [IP](https://holderbook.com/stocks/IP/) | $316.2K | 8,298 | 0.1% | 11 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $305.8K | 415 | 0.1% | 11 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $296.4K | 4,119 | 0.1% | 11 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $291.9K | 4,832 | 0.1% | 11 |
| SCHWAB STRATEGIC TR | [SCHO](https://holderbook.com/stocks/SCHO/) | $285.7K | 11,835 | 0.1% | 11 |
| GRAYSCALE BITCOIN TRUST ETF | [GBTC](https://holderbook.com/stocks/GBTC/) | $280.9K | 6,170 | 0.1% | 8 |
| DIMENSIONAL ETF TRUST | [DUHP](https://holderbook.com/stocks/DUHP/) | $252.9K | 6,060 | 0.1% | 11 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $252.8K | 2,617 | 0.1% | 11 |
| TOWNEBANK PORTSMOUTH VA | [TOWN](https://holderbook.com/stocks/TOWN/) | $244.8K | 6,755 | 0.1% | 11 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $242.1K | 710 | 0.1% | 7 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $238.0K | 4,777 | 0.1% | 11 |
| VANGUARD SCOTTSDALE FDS | [VONE](https://holderbook.com/stocks/VONE/) | $221.7K | 654 | 0.1% | 11 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $219.2K | 459 | 0.1% | 8 |
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $214.3K | 1,322 | 0.1% | 9 |
| OKTA INC | [OKTA](https://holderbook.com/stocks/OKTA/) | $213.8K | 1,567 | 0.1% | 2 |
| DIMENSIONAL ETF TRUST | [DFAX](https://holderbook.com/stocks/DFAX/) | $213.3K | 5,789 | 0.1% | 11 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +7.8% | +14.8% | -7.0% | 100% |
| Q1 2026 | -1.0% | -4.6% | +3.6% | 100% |
| Q4 2025 | +3.2% | +2.4% | +0.8% | 100% |
| Q3 2025 | +6.4% | +7.8% | -1.4% | 100% |
| Q2 2025 | +8.3% | +10.5% | -2.2% | 100% |
| Q1 2025 | -1.2% | -4.6% | +3.4% | 100% |
| Q4 2024 | -0.1% | +2.1% | -2.3% | 100% |
| Q3 2024 | +5.3% | +5.4% | -0.1% | 105% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $274.8M | 1,163 |
| Q1 2026 | $247.7M | 1,139 |
| Q4 2025 | $230.8M | 1,077 |
| Q3 2025 | $215.6M | 1,005 |
| Q2 2025 | $199.9M | 864 |
| Q1 2025 | $185.3M | 802 |
| Q4 2024 | $180.5M | 472 |
| Q3 2024 | $172.5M | 479 |
| Q2 2024 | $140.0M | 439 |
| Q1 2024 | $114.6M | 458 |
| Q4 2023 | $140.0M | 439 |