American Capital Advisory, LLC — 13F Holdings & Portfolio
CIK 2018007 · latest 13F-HR filed 2026-07-28
American Capital Advisory, LLC manages $274.8M in 13F-reported U.S. long-equity assets across 1,164 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are DFAC (11.69%), DUSB (9.46%), DFUS (8.87%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 97 new positions and exited 73; 719 existing positions rose in reported value and 209 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
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AUM
$274.8M
Long-equity book
Holdings
1,164
Distinct positions
Period
2026-06-30
Filed 2026-07-28
Q/Q Activity
+97 / −73 / ↑719 / ↓209
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26DFAC11.7% · -0%DUSB9.5% · +6%DFUS8.9% · +11%GTO7.3% · +9%DFAI5.4% · +16%DFIC4.8% · +0%DFAU3.6% · -0%DFAE2.4% · +13%AAPL2.3% · -0%DFEM1.9% · +6%VUG1.8% · +521%CSCO1.2% · -11%SPY1.1% · -1%LH1.1% · +1%PM1.1% · -4%AMZN1.0% · -8%MGM1.0% · -0%GOOG1.0% · -2%STT1.0% · -18%NVDA0.9% · +2%RSP0.9% · -21%SHEL0.8% · -0%VEU0.8% · -0%BAC0.8% · -10%PSLV0.7% · -0%MKL0.7% · 0%WMT0.6% · 0%MDY0.6% · -0%META0.6% · -1%UBER0.6% · +0%ARCO0.5% · -0%GDX0.5% · -0%PAAS0.5% · +1%TOST0.5% · +51%GLD0.5% · -3%MSFT0.5% · +23%NOC0.5% · 0%IDV0.4% · -1%ESGU0.4% · 0%ORCL0.4% · -0%IJR0.4% · -0%RIO0.4% · +1%BIZD0.4% · newSCHD0.4% · +29%AHRT0.4% · -0%CNM0.4% · +95%NFLX0.4% · -0%DGS0.4% · -1%VGT0.4% · +700%JPM0.4% · -1%EQX0.4% · -0%SPLV0.3% · -1%YUMC0.3% · 0%VTI0.3% · -1%DFAT0.3% · +1%JEPI0.3% · +1%MRK0.3% · +9%ABBV0.3% · +8%CRM0.3% · -3%WTM0.3% · -1%
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 57.8%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated May 14, 2026.
Assets Under Management
$18.91B
Discretionary
$18.91B
Employees
150
Accounts
23
Address
590 MADISON AVENUE
38TH FLOOR
NEW YORK, NY 10022
38TH FLOOR
NEW YORK, NY 10022
Phone
(212) 476-8000
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| AMERICAN SECURITIES INTERMEDIATE HOLDINGS, LLC Control | MANAGING MEMBER since Jan 2026 | 75% or more | Domestic Entity |
| DOMONKOS, JOSEPH, ANTHONY Control | CFO since Nov 2011 | Less than 5% | Individual |
| FISCH, MICHAEL, GERALD Control | CEO since Apr 1994 | Less than 5% | Individual |
| MAUE, DAVID, JUDE Control | COO since Jul 2007 | Less than 5% | Individual |
| SCHONDORF, ERIC, LOWELL Control | GENERAL COUNSEL since Sep 2005 | Less than 5% | Individual |
| WOLFF, SCOTT, MICHAEL Control | PRESIDENT since Jan 2025 | Less than 5% | Individual |
| AMERICAN SECURITIES HOLDINGS, LLC | MEMBER since Oct 2018 | Less than 5% | Domestic Entity |
| MACO, JEREMY, BRAINARD | CCO since Jan 2018 | Less than 5% | Individual |
| AMERICAN SECURITIES HOLDINGS, LLC Control Indirect owner via AMERICAN SECURITIES INTERMEDIATE HOLDINGS, LLC | MANAGING MEMBER since Jan 2026 | 25–50% | Domestic Entity |
| ASCP LLC Control Indirect owner via AMERICAN SECURITIES HOLDINGS, LLC | MANAGING MEMBER since Oct 2018 | 50–75% | Domestic Entity |
| FISCH, MICHAEL, GERALD Control Indirect owner via THE MICHAEL G. FISCH 2006 REVOCABLE TRUST | TRUSTEE since Feb 2006 | General partner, trustee or manager | Individual |
| THE MICHAEL G. FISCH 2006 REVOCABLE TRUST Control Indirect owner via ASCP LLC | SOLE MEMBER since Oct 2018 | 75% or more | Domestic Entity |
| DYAL CAPITAL PARTNERS IV HOLDINGS (A) LP Indirect owner via AMERICAN SECURITIES HOLDINGS, LLC | MEMBER since Jan 2026 | 25–50% | Domestic Entity |
Ownership & leadership changes · 11 filings with changes since Feb 14, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Jan 16, 2026 filing
- Listed againFISCH, MICHAEL, GERALD · TRUSTEE · General partner, trustee or manager · indirect via THE MICHAEL G. FISCH 2006 REVOCABLE TRUST · control person
- Listed againTHE MICHAEL G. FISCH 2006 REVOCABLE TRUST · SOLE MEMBER · 75% or more · indirect via ASCP LLC · control person
Jan 6, 2026 filing
- No longer listedFISCH, MICHAEL, GERALD · TRUSTEE · General partner, trustee or manager · indirect via MICHAEL G. FISCH 2006 REVOCABLE TRUST · control person · listed since Feb 2006
- No longer listedMICHAEL G. FISCH 2006 REVOCABLE TRUST · MANAGING MEMBER · Less than 5% · control person · listed since Feb 2006
- No longer listedTHE MICHAEL G. FISCH 2006 REVOCABLE TRUST · SOLE MEMBER · 75% or more · indirect via ASCP LLC · control person · listed since Oct 2018
- AddedAMERICAN SECURITIES HOLDINGS, LLC · MANAGING MEMBER · 25–50% · indirect via AMERICAN SECURITIES INTERMEDIATE HOLDINGS, LLC · control person
- AddedAMERICAN SECURITIES INTERMEDIATE HOLDINGS, LLC · MANAGING MEMBER · 75% or more · control person
- AddedDYAL CAPITAL PARTNERS IV HOLDINGS (A) LP · MEMBER · 25–50% · indirect via AMERICAN SECURITIES HOLDINGS, LLC
- ChangedAMERICAN SECURITIES HOLDINGS, LLC · title SOLE MEMBER → MEMBER; ownership 75% or more → Less than 5%; no longer a control person
- ChangedASCP LLC · indirect via AMERICAN SECURITIES HOLDINGS, LLC: ownership 75% or more → 50–75%
Jan 6, 2025 filing
- AddedWOLFF, SCOTT, MICHAEL · PRESIDENT · Less than 5% · control person
Mar 29, 2024 filing
- ChangedMAUE, DAVID, JUDE · title CAO → COO
Mar 31, 2022 filing
- No longer listedAMERICAN SECURITIES LLC · MEMBER - CAPITAL YUAN TAO ADVISORS LLC · 75% or more · control person · listed since Mar 2007
Mar 31, 2020 filing
- ChangedMICHAEL G. FISCH 2006 REVOCABLE TRUST · ownership 25–50% → Less than 5%
Oct 25, 2018 filing
- No longer listedASCP LLC · MEMBER · 25–50% · control person · listed since Jan 2011
- AddedAMERICAN SECURITIES HOLDINGS, LLC · SOLE MEMBER · 75% or more · control person
- AddedASCP LLC · MANAGING MEMBER · 75% or more · indirect via AMERICAN SECURITIES HOLDINGS, LLC · control person
- ChangedFISCH, MICHAEL, GERALD · title CEO / TRUSTEE - THE MICHAEL G. FISCH 2006 REVOCABLE TRUST → CEO; ownership 50–75% → Less than 5%
- ChangedTHE MICHAEL G. FISCH 2006 REVOCABLE TRUST · indirect via ASCP LLC: title MANAGER → SOLE MEMBER; ownership 50–75% → 75% or more
Jun 1, 2018 filing
- No longer listedFISCH, MICHAEL, GERALD · TRUSTEE · General partner, trustee or manager · indirect via THE MICHAEL G. FISCH 2006 REVOCABLE TRUST · control person · listed since Feb 2006
- AddedFISCH, MICHAEL, GERALD · TRUSTEE · General partner, trustee or manager · indirect via MICHAEL G. FISCH 2006 REVOCABLE TRUST · control person
Mar 29, 2018 filing
- AddedMACO, JEREMY, BRAINARD · CCO · Less than 5%
- ChangedMAUE, DAVID, JUDE · title CAO/CCO → CAO
Mar 30, 2017 filing
- ChangedASCP LLC · ownership 50–75% → 25–50%
- ChangedTHE MICHAEL G. FISCH 2006 REVOCABLE TRUST · indirect via ASCP LLC: ownership 75% or more → 50–75%
Older changes (2 more filings)
Apr 1, 2015 filing
- No longer listedTHE MICHAEL G. FISCH 2006 REVOCABLE TRUST · MEMBER · 50–75% · control person · listed since Jan 2011
- AddedMICHAEL G. FISCH 2006 REVOCABLE TRUST · MANAGING MEMBER · 25–50% · control person
- ChangedASCP LLC · title MANAGING MEMBER → MEMBER; ownership 25–50% → 50–75%
Feb 14, 2012 filing (earliest on record)
- ListedAMERICAN SECURITIES LLC · MEMBER - CAPITAL YUAN TAO ADVISORS LLC · 75% or more · control person
- ListedASCP LLC · MANAGING MEMBER · 25–50% · control person
- ListedDOMONKOS, JOSEPH, ANTHONY · CFO · Less than 5% · control person
- ListedFISCH, MICHAEL, GERALD · CEO / TRUSTEE - THE MICHAEL G. FISCH 2006 REVOCABLE TRUST · 50–75% · control person
- ListedFISCH, MICHAEL, GERALD · TRUSTEE · General partner, trustee or manager · indirect via THE MICHAEL G. FISCH 2006 REVOCABLE TRUST · control person
- ListedMAUE, DAVID, JUDE · CAO/CCO · Less than 5% · control person
- ListedSCHONDORF, ERIC, LOWELL · GENERAL COUNSEL · Less than 5% · control person
- ListedTHE MICHAEL G. FISCH 2006 REVOCABLE TRUST · MEMBER · 50–75% · control person
- ListedTHE MICHAEL G. FISCH 2006 REVOCABLE TRUST · MANAGER · 75% or more · indirect via ASCP LLC · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- DIMENSIONAL ETF TRUST$5.4M +28.6%
- DIMENSIONAL ETF TRUST$4.0M +14.1%
- DIMENSIONAL ETF TRUST$2.7M +23.0%
- INVESCO ACTIVELY MANAGED EXC$1.7M +9.5%
- DIMENSIONAL ETF TRUST$1.7M +34.5%
Top Trims
- SPROTT ASSET MANAGEMENT LP-$574.9K -22.7%
- EQUINOX GOLD CORP-$474.3K -32.8%
- SHELL PLC-$460.6K -16.7%
- COSTCO WHOLESALE CORPORATION-$439.0K -49.2%
- NORTHROP GRUMMAN CORP-$422.5K -25.3%
New Positions
- VANECK ETF TRUST$1.0M
- SPACE EXPLORATION TECHN CORP$65.1K
- HONEYWELL INTL INC$61.0K
- HONEYWELL AEROSPACE INC$60.1K
- BRAZE INC$54.7K
Exited Positions
- GLOBAL BUSINESS TRAVEL GROUP$684.4K
- ZETA GLOBAL HOLDINGS CORP$317.9K
- ROCKY MTN CHOCOLATE FACTORY$303.5K
- GOLUB CAP BDC INC$236.0K
- BLACKSTONE SECD LENDING FD$152.2K
American Capital Advisory, LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | DIMENSIONAL ETF TRUST | DFAC | 25434V708 | $32.1M | 11.69% | 724,338 | SH |
| 2 | DIMENSIONAL ETF TRUST | DUSB | 25434V591 | $26.0M | 9.46% | 511,900 | SH |
| 3 | DIMENSIONAL ETF TRUST | DFUS | 25434V401 | $24.4M | 8.87% | 297,466 | SH |
| 4 | INVESCO ACTIVELY MANAGED EXC | GTO | 46090A804 | $20.1M | 7.32% | 429,003 | SH |
| 5 | DIMENSIONAL ETF TRUST | DFAI | 25434V203 | $14.7M | 5.34% | 355,694 | SH |
| 6 | DIMENSIONAL ETF TRUST | DFIC | 25434V799 | $13.2M | 4.81% | 354,625 | SH |
| 7 | DIMENSIONAL ETF TRUST | DFAU | 25434V104 | $9.7M | 3.54% | 188,177 | SH |
| 8 | DIMENSIONAL ETF TRUST | DFAE | 25434V302 | $6.6M | 2.40% | 164,221 | SH |
| 9 | APPLE INC | AAPL | 037833100 | $6.2M | 2.25% | 21,329 | SH |
| 10 | DIMENSIONAL ETF TRUST | DFEM | 25434V732 | $5.3M | 1.94% | 131,314 | SH |
| 11 | VANGUARD INDEX FDS | VUG | 922908736 | $4.9M | 1.79% | 57,225 | SH |
| 12 | CISCO SYS INC | CSCO | 17275R102 | $3.3M | 1.20% | 28,123 | SH |
| 13 | STATE STR SPDR S&P 500 ETF T | SPY | 78462F103 | $3.1M | 1.14% | 4,211 | SH |
| 14 | LABCORP HOLDINGS INC | LH | 504922105 | $3.1M | 1.12% | 11,001 | SH |
| 15 | PHILIP MORRIS INTL INC | PM | 718172109 | $3.0M | 1.10% | 16,706 | SH |
| 16 | AMAZON COM INC | AMZN | 023135106 | $2.8M | 1.03% | 11,885 | SH |
| 17 | MGM RESORTS INTERNATIONAL | MGM | 552953101 | $2.8M | 1.02% | 58,512 | SH |
| 18 | ALPHABET INC | GOOG | 02079K107 | $2.7M | 0.99% | 7,719 | SH |
| 19 | STATE STR CORP | STT | 857477103 | $2.6M | 0.96% | 15,579 | SH |
| 20 | NVIDIA CORPORATION | NVDA | 67066G104 | $2.5M | 0.91% | 12,453 | SH |
| 21 | INVESCO EXCHANGE TRADED FD T | RSP | 46137V357 | $2.5M | 0.90% | 11,573 | SH |
| 22 | SHELL PLC | SHEL | 780259305 | $2.3M | 0.83% | 29,527 | SH |
| 23 | VANGUARD INTL EQUITY INDEX F | VEU | 922042775 | $2.3M | 0.83% | 27,071 | SH |
| 24 | BANK OF AMER CORP | BAC | 060505104 | $2.1M | 0.77% | 36,934 | SH |
| 25 | SPROTT ASSET MANAGEMENT LP | PSLV | 85207K107 | $2.0M | 0.71% | 103,538 | SH |
| 26 | MARKEL GROUP INC | MKL | 570535104 | $1.8M | 0.66% | 922 | SH |
| 27 | WALMART INC | WMT | 931142103 | $1.7M | 0.62% | 15,158 | SH |
| 28 | STATE STR SPDR S&P MIDCAP 40 | MDY | 78467Y107 | $1.6M | 0.58% | 2,275 | SH |
| 29 | META PLATFORMS INC | META | 30303M102 | $1.6M | 0.57% | 2,795 | SH |
| 30 | UBER TECHNOLOGIES INC | UBER | 90353T100 | $1.5M | 0.56% | 21,428 | SH |
| 31 | ARCOS DORADOS HLDGS INC | ARCO | G0457F107 | $1.5M | 0.54% | 185,375 | SH |
| 32 | VANECK ETF TRUST | GDX | 92189F106 | $1.4M | 0.52% | 18,912 | SH |
| 33 | PAN AMERN SILVER CORP | PAAS | 697900108 | $1.4M | 0.51% | 31,073 | SH |
| 34 | TOAST INC | TOST | 888787108 | $1.4M | 0.50% | 49,241 | SH |
| 35 | SPDR GOLD TR | GLD | 78463V107 | $1.3M | 0.48% | 3,569 | SH |
| 36 | MICROSOFT CORP | MSFT | 594918104 | $1.3M | 0.47% | 3,454 | SH |
| 37 | NORTHROP GRUMMAN CORP | NOC | 666807102 | $1.2M | 0.45% | 2,443 | SH |
| 38 | ISHARES TR | IDV | 464288448 | $1.1M | 0.42% | 27,645 | SH |
| 39 | ISHARES TR | ESGU | 46435G425 | $1.1M | 0.41% | 6,958 | SH |
| 40 | ORACLE CORP | ORCL | 68389X105 | $1.1M | 0.41% | 7,699 | SH |
| 41 | ISHARES TR | IJR | 464287804 | $1.1M | 0.40% | 7,332 | SH |
| 42 | RIO TINTO PLC | RIO | 767204100 | $1.0M | 0.38% | 10,947 | SH |
| 43 | VANECK ETF TRUST | BIZD | 92189F411 | $1.0M | 0.38% | 82,000 | SH |
| 44 | SCHWAB STRATEGIC TR | SCHD | 808524797 | $1.0M | 0.37% | 32,441 | SH |
| 45 | AH RLTY TR INC | AHRT | 04208T108 | $1.0M | 0.37% | 145,170 | SH |
| 46 | CORE & MAIN INC | CNM | 21874C102 | $1.0M | 0.37% | 21,284 | SH |
| 47 | NETFLIX INC. | NFLX | 64110L106 | $998.2K | 0.36% | 13,981 | SH |
| 48 | WISDOMTREE TR | DGS | 97717W281 | $984.2K | 0.36% | 15,209 | SH |
| 49 | VANGUARD WORLD FD | VGT | 92204A702 | $981.9K | 0.36% | 8,216 | SH |
| 50 | JPMORGAN CHASE & CO | JPM | 46625H100 | $980.4K | 0.36% | 2,995 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-07-28 | $274.8M | 1,164 | 0002018007-26-000003 |
| 2026-03-31 | 2026-04-29 | $247.7M | 1,140 | 0002018007-26-000002 |
| 2025-12-31 | 2026-01-30 | $230.8M | 1,079 | 0002018007-26-000001 |
Filer Information
Address
500 NORTH WASHINGTON AVEPO BOX 4356
KETCHUM, ID 83340
Phone
(208) 710-8669
Filing Manager
American Capital Advisory, LLC
KETCHUM, ID
Signatory
Ian Jameson
CCO