AMERICAN INVESTMENT SERVICES, INC.

Filed: 11/13/2025ACC: 0001369913-25-000003

📋 What this filing means

AMERICAN INVESTMENT SERVICES, INC. filed this quarterly 13F‑HR report disclosing 134 equity positions with a total reported market value of $416.21M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

134

Positions

$416.21M

Total AUM (reported)

5.97M

Total Shares

Allocation by class

COM$51.49M12.4%

SPDR GLD MINIS$43.07M10.3%

GROWTH ETF$38.26M9.2%

US MKTWIDE VALUE$21.66M5.2%

INTL HIGH ETF$18.69M4.5%

INTL CORE EQUITY$11.61M2.8%

US SMALL CAP ETF$11.50M2.8%

Portfolio Concentration

Top 3$102.99M24.7%

4–10$83.02M19.9%

11–25$105.47M25.3%

Rest$124.72M30.0%

Top 3 weight

24.7%

Top 10 weight

44.7%

Voting Authority Distribution

Total shares with voting rights: 5.97M

Sole

Full voting authority

4.83M

% of voting shares80.8%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.15M

% of voting shares19.2%

Investment Discretion (by position count)

Sole134

Shared0

Other0

Dominant voting typeSole · 80.8% of voting shares

Institutional Holdings134

Rows:

WORLD GOLD TR

SOLE

SPDR GLD MINIS

Shares563.36K

TypeSH

Market value$43.07M

10.35%

Sole

485.43K

Shared

0.00

None

77.93K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares79.78K

TypeSH

Market value$38.26M

9.19%

Sole

64.83K

Shared

0.00

None

14.95K

DIMENSIONAL ETF TRUST

SOLE

US MKTWIDE VALUE

Shares484.64K

TypeSH

Market value$21.66M

5.20%

Sole

394.96K

Shared

0.00

None

89.68K

VANGUARD WHITEHALL FDS

SOLE

INTL HIGH ETF

Shares220.66K

TypeSH

Market value$18.69M

4.49%

Sole

220.66K

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

INTL CORE EQUITY

Shares354.13K

TypeSH

Market value$11.61M

2.79%

Sole

222.25K

Shared

0.00

None

131.87K

DIMENSIONAL ETF TRUST

SOLE

US SMALL CAP ETF

Shares167.91K

TypeSH

Market value$11.50M

2.76%

Sole

137.06K

Shared

0.00

None

30.85K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares59K

TypeSH

Market value$11.00M

2.64%

Sole

51.70K

Shared

0.00

None

7.30K

DIMENSIONAL ETF TRUST

SOLE

US EQUITY MARKET

Shares148.79K

TypeSH

Market value$10.78M

2.59%

Sole

120.77K

Shared

0.00

None

28.03K

VANGUARD WORLD FD

SOLE

UTILITIES ETF

Shares53.43K

TypeSH

Market value$10.12M

2.43%

Sole

52.40K

Shared

0.00

None

1.03K

ISHARES GOLD TR

SOLE

ISHARES NEW

Shares128.21K

TypeSH

Market value$9.33M

2.24%

Sole

101.92K

Shared

0.00

None

26.29K

VERIZON COMMUNICATIONS INC

SOLE

COM

Shares205.28K

TypeSH

Market value$9.02M

2.17%

Sole

188.43K

Shared

0.00

None

16.85K

CHEVRON CORP NEW

SOLE

COM

Shares57.37K

TypeSH

Market value$8.91M

2.14%

Sole

53.15K

Shared

0.00

None

4.22K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares142.10K

TypeSH

Market value$8.51M

2.05%

Sole

117.64K

Shared

0.00

None

24.46K

DIMENSIONAL ETF TRUST

SOLE

US TARGETED VLU

Shares145.41K

TypeSH

Market value$8.46M

2.03%

Sole

122.12K

Shared

0.00

None

23.29K

DIMENSIONAL ETF TRUST

SOLE

EMERGING MKTS CO

Shares254.48K

TypeSH

Market value$8.16M

1.96%

Sole

196.28K

Shared

0.00

None

58.21K

DIMENSIONAL ETF TRUST

SOLE

GLOBAL REAL EST

Shares279.92K

TypeSH

Market value$7.64M

1.84%

Sole

212.37K

Shared

0.00

None

67.55K

DIMENSIONAL ETF TRUST

SOLE

WORLD EX US CORE

Shares241.05K

TypeSH

Market value$7.56M

1.82%

Sole

177.61K

Shared

0.00

None

63.44K

DIMENSIONAL ETF TRUST

SOLE

WORLD EQUITY ETF

Shares102.72K

TypeSH

Market value$7.38M

1.77%

Sole

94.33K

Shared

0.00

None

8.39K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares32.05K

TypeSH

Market value$6.69M

1.61%

Sole

24.24K

Shared

0.00

None

7.81K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares25.80K

TypeSH

Market value$6.56M

1.58%

Sole

17.21K

Shared

0.00

None

8.59K

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares70.41K

TypeSH

Market value$6.44M

1.55%

Sole

57.56K

Shared

0.00

None

12.86K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares9.26K

TypeSH

Market value$5.67M

1.36%

Sole

8.62K

Shared

0.00

None

639.00

ISHARES TR

SOLE

SHORT TREAS BD

Shares50.28K

TypeSH

Market value$5.56M

1.33%

Sole

31.25K

Shared

0.00

None

19.03K

DIMENSIONAL ETF TRUST

SOLE

US SMALL CAP VAL

Shares147.29K

TypeSH

Market value$4.69M

1.13%

Sole

106K

Shared

0.00

None

41.29K

JOHNSON & JOHNSON

SOLE

COM

Shares22.70K

TypeSH

Market value$4.21M

1.01%

Sole

20.95K

Shared

0.00

None

1.75K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
WORLD GOLD TRSOLE	SPDR GLD MINIS	563.36K	SH	$43.07M 10.35%	485.43K	77.93K
VANGUARD INDEX FDSSOLE	GROWTH ETF	79.78K	SH	$38.26M 9.19%	64.83K	14.95K
DIMENSIONAL ETF TRUSTSOLE	US MKTWIDE VALUE	484.64K	SH	$21.66M 5.20%	394.96K	89.68K
VANGUARD WHITEHALL FDSSOLE	INTL HIGH ETF	220.66K	SH	$18.69M 4.49%	220.66K	0.00
DIMENSIONAL ETF TRUSTSOLE	INTL CORE EQUITY	354.13K	SH	$11.61M 2.79%	222.25K	131.87K
DIMENSIONAL ETF TRUSTSOLE	US SMALL CAP ETF	167.91K	SH	$11.50M 2.76%	137.06K	30.85K
VANGUARD INDEX FDSSOLE	VALUE ETF	59K	SH	$11.00M 2.64%	51.70K	7.30K
DIMENSIONAL ETF TRUSTSOLE	US EQUITY MARKET	148.79K	SH	$10.78M 2.59%	120.77K	28.03K
VANGUARD WORLD FDSOLE	UTILITIES ETF	53.43K	SH	$10.12M 2.43%	52.40K	1.03K
ISHARES GOLD TRSOLE	ISHARES NEW	128.21K	SH	$9.33M 2.24%	101.92K	26.29K
VERIZON COMMUNICATIONS INCSOLE	COM	205.28K	SH	$9.02M 2.17%	188.43K	16.85K
CHEVRON CORP NEWSOLE	COM	57.37K	SH	$8.91M 2.14%	53.15K	4.22K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	142.10K	SH	$8.51M 2.05%	117.64K	24.46K
DIMENSIONAL ETF TRUSTSOLE	US TARGETED VLU	145.41K	SH	$8.46M 2.03%	122.12K	23.29K
DIMENSIONAL ETF TRUSTSOLE	EMERGING MKTS CO	254.48K	SH	$8.16M 1.96%	196.28K	58.21K
DIMENSIONAL ETF TRUSTSOLE	GLOBAL REAL EST	279.92K	SH	$7.64M 1.84%	212.37K	67.55K
DIMENSIONAL ETF TRUSTSOLE	WORLD EX US CORE	241.05K	SH	$7.56M 1.82%	177.61K	63.44K
DIMENSIONAL ETF TRUSTSOLE	WORLD EQUITY ETF	102.72K	SH	$7.38M 1.77%	94.33K	8.39K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	32.05K	SH	$6.69M 1.61%	24.24K	7.81K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	25.80K	SH	$6.56M 1.58%	17.21K	8.59K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	70.41K	SH	$6.44M 1.55%	57.56K	12.86K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	9.26K	SH	$5.67M 1.36%	8.62K	639.00
ISHARES TRSOLE	SHORT TREAS BD	50.28K	SH	$5.56M 1.33%	31.25K	19.03K
DIMENSIONAL ETF TRUSTSOLE	US SMALL CAP VAL	147.29K	SH	$4.69M 1.13%	106K	41.29K
JOHNSON & JOHNSONSOLE	COM	22.70K	SH	$4.21M 1.01%	20.95K	1.75K

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