AMERICAN INVESTMENT SERVICES, INC.

Filed: 2/13/2026ACC: 0001369913-26-000001

📋 What this filing means

AMERICAN INVESTMENT SERVICES, INC. filed this quarterly 13F‑HR report disclosing 129 equity positions with a total reported market value of $430.89M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

129

Positions

$430.89M

Total AUM (reported)

6.17M

Total Shares

Allocation by class

COM$50.96M11.8%

SPDR GLD MINIS$43.79M10.2%

GROWTH ETF$38.64M9.0%

US MKTWIDE VALUE$22.63M5.3%

INTL HIGH ETF$20.22M4.7%

INTL CORE EQUITY$13.35M3.1%

US SMALL CAP ETF$12.68M2.9%

Portfolio Concentration

Top 3$105.07M24.4%

4–10$88.46M20.5%

11–25$107.75M25.0%

Rest$129.61M30.1%

Top 3 weight

24.4%

Top 10 weight

44.9%

Voting Authority Distribution

Total shares with voting rights: 6.17M

Sole

Full voting authority

4.87M

% of voting shares79.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

1.29M

% of voting shares21.0%

Investment Discretion (by position count)

Sole129

Shared0

Other0

Dominant voting typeSole · 79.0% of voting shares

Institutional Holdings129

Rows:

WORLD GOLD TR

SOLE

SPDR GLD MINIS

Shares512.99K

TypeSH

Market value$43.79M

10.16%

Sole

436.75K

Shared

0.00

None

76.24K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares79.20K

TypeSH

Market value$38.64M

8.97%

Sole

64.07K

Shared

0.00

None

15.14K

DIMENSIONAL ETF TRUST

SOLE

US MKTWIDE VALUE

Shares485.79K

TypeSH

Market value$22.63M

5.25%

Sole

396.55K

Shared

0.00

None

89.25K

VANGUARD WHITEHALL FDS

SOLE

INTL HIGH ETF

Shares224.66K

TypeSH

Market value$20.22M

4.69%

Sole

224.66K

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

INTL CORE EQUITY

Shares387.32K

TypeSH

Market value$13.35M

3.10%

Sole

223.18K

Shared

0.00

None

164.14K

DIMENSIONAL ETF TRUST

SOLE

US SMALL CAP ETF

Shares181.99K

TypeSH

Market value$12.68M

2.94%

Sole

138.10K

Shared

0.00

None

43.89K

DIMENSIONAL ETF TRUST

SOLE

US EQUITY MARKET

Shares161.85K

TypeSH

Market value$12.00M

2.79%

Sole

120.21K

Shared

0.00

None

41.65K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares59.64K

TypeSH

Market value$11.39M

2.64%

Sole

50.86K

Shared

0.00

None

8.78K

VANGUARD WORLD FD

SOLE

UTILITIES ETF

Shares53.91K

TypeSH

Market value$9.98M

2.32%

Sole

52.86K

Shared

0.00

None

1.04K

DIMENSIONAL ETF TRUST

SOLE

GLOBAL REAL EST

Shares334.63K

TypeSH

Market value$8.84M

2.05%

Sole

243.45K

Shared

0.00

None

91.18K

DIMENSIONAL ETF TRUST

SOLE

EMERGING MKTS CO

Shares265.38K

TypeSH

Market value$8.78M

2.04%

Sole

194.61K

Shared

0.00

None

70.78K

CHEVRON CORP NEW

SOLE

COM

Shares57.55K

TypeSH

Market value$8.77M

2.04%

Sole

53.96K

Shared

0.00

None

3.59K

DIMENSIONAL ETF TRUST

SOLE

US TARGETED VLU

Shares145.47K

TypeSH

Market value$8.66M

2.01%

Sole

121.70K

Shared

0.00

None

23.76K

DIMENSIONAL ETF TRUST

SOLE

WORLD EQUITY ETF

Shares112.43K

TypeSH

Market value$8.32M

1.93%

Sole

89.32K

Shared

0.00

None

23.11K

VERIZON COMMUNICATIONS INC

SOLE

COM

Shares203.99K

TypeSH

Market value$8.31M

1.93%

Sole

189.72K

Shared

0.00

None

14.27K

ISHARES GOLD TR

SOLE

ISHARES NEW

Shares102.25K

TypeSH

Market value$8.30M

1.93%

Sole

83.52K

Shared

0.00

None

18.73K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares130.09K

TypeSH

Market value$8.13M

1.89%

Sole

107.66K

Shared

0.00

None

22.43K

DIMENSIONAL ETF TRUST

SOLE

WORLD EX US CORE

Shares237.37K

TypeSH

Market value$7.77M

1.80%

Sole

174.79K

Shared

0.00

None

62.58K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares30.64K

TypeSH

Market value$6.49M

1.51%

Sole

22.76K

Shared

0.00

None

7.88K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares24.96K

TypeSH

Market value$6.44M

1.49%

Sole

16.81K

Shared

0.00

None

8.15K

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares70.67K

TypeSH

Market value$6.25M

1.45%

Sole

57.55K

Shared

0.00

None

13.13K

MERCK & CO INC

SOLE

COM

Shares55.80K

TypeSH

Market value$5.87M

1.36%

Sole

52.34K

Shared

0.00

None

3.46K

ISHARES TR

SOLE

TRUST ISHARE 0-1

Shares50.11K

TypeSH

Market value$5.52M

1.28%

Sole

31.07K

Shared

0.00

None

19.04K

VANGUARD INDEX FDS

SOLE

S&P 500 ETF SHS

Shares8.24K

TypeSH

Market value$5.17M

1.20%

Sole

7.58K

Shared

0.00

None

659.00

DIMENSIONAL ETF TRUST

SOLE

US SMALL CAP VAL

Shares151.32K

TypeSH

Market value$4.98M

1.16%

Sole

103.20K

Shared

0.00

None

48.12K

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	None
WORLD GOLD TRSOLE	SPDR GLD MINIS	512.99K	SH	$43.79M 10.16%	436.75K	76.24K
VANGUARD INDEX FDSSOLE	GROWTH ETF	79.20K	SH	$38.64M 8.97%	64.07K	15.14K
DIMENSIONAL ETF TRUSTSOLE	US MKTWIDE VALUE	485.79K	SH	$22.63M 5.25%	396.55K	89.25K
VANGUARD WHITEHALL FDSSOLE	INTL HIGH ETF	224.66K	SH	$20.22M 4.69%	224.66K	0.00
DIMENSIONAL ETF TRUSTSOLE	INTL CORE EQUITY	387.32K	SH	$13.35M 3.10%	223.18K	164.14K
DIMENSIONAL ETF TRUSTSOLE	US SMALL CAP ETF	181.99K	SH	$12.68M 2.94%	138.10K	43.89K
DIMENSIONAL ETF TRUSTSOLE	US EQUITY MARKET	161.85K	SH	$12.00M 2.79%	120.21K	41.65K
VANGUARD INDEX FDSSOLE	VALUE ETF	59.64K	SH	$11.39M 2.64%	50.86K	8.78K
VANGUARD WORLD FDSOLE	UTILITIES ETF	53.91K	SH	$9.98M 2.32%	52.86K	1.04K
DIMENSIONAL ETF TRUSTSOLE	GLOBAL REAL EST	334.63K	SH	$8.84M 2.05%	243.45K	91.18K
DIMENSIONAL ETF TRUSTSOLE	EMERGING MKTS CO	265.38K	SH	$8.78M 2.04%	194.61K	70.78K
CHEVRON CORP NEWSOLE	COM	57.55K	SH	$8.77M 2.04%	53.96K	3.59K
DIMENSIONAL ETF TRUSTSOLE	US TARGETED VLU	145.47K	SH	$8.66M 2.01%	121.70K	23.76K
DIMENSIONAL ETF TRUSTSOLE	WORLD EQUITY ETF	112.43K	SH	$8.32M 1.93%	89.32K	23.11K
VERIZON COMMUNICATIONS INCSOLE	COM	203.99K	SH	$8.31M 1.93%	189.72K	14.27K
ISHARES GOLD TRSOLE	ISHARES NEW	102.25K	SH	$8.30M 1.93%	83.52K	18.73K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	130.09K	SH	$8.13M 1.89%	107.66K	22.43K
DIMENSIONAL ETF TRUSTSOLE	WORLD EX US CORE	237.37K	SH	$7.77M 1.80%	174.79K	62.58K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	30.64K	SH	$6.49M 1.51%	22.76K	7.88K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	24.96K	SH	$6.44M 1.49%	16.81K	8.15K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	70.67K	SH	$6.25M 1.45%	57.55K	13.13K
MERCK & CO INCSOLE	COM	55.80K	SH	$5.87M 1.36%	52.34K	3.46K
ISHARES TRSOLE	TRUST ISHARE 0-1	50.11K	SH	$5.52M 1.28%	31.07K	19.04K
VANGUARD INDEX FDSSOLE	S&P 500 ETF SHS	8.24K	SH	$5.17M 1.20%	7.58K	659.00
DIMENSIONAL ETF TRUSTSOLE	US SMALL CAP VAL	151.32K	SH	$4.98M 1.16%	103.20K	48.12K

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