Trust Co of the South
Long book
$621.9M
Q1 2026
Positions
142
Top-10 weight
69%
concentration
Last quarter
+13.0%
SPY +14.8%
Turnover
12%
of book per quarter
Strategy in plain words
auto-generated from filingsTrust Co of the South is a wealth-management firm allocating client money, running a $621.9M US long book across 142 positions.
The portfolio is concentrated: the top 10 names carry 69% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: DIMENSIONAL US TARGET VALUE, DIMENSIONAL US MARKETWIDE VA, DIMENSIONAL US CORE EQUITY 2, VANGUARD S&P 500 ETF, DIMENSIONAL INTERNATIONAL CO.
Over the last 9 quarters its long book ran on average 0.7pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-1.1%
Q2 2024
+8.1%
Q3 2024
-0.4%
Q4 2024
-4.1%
Q1 2025
+7.0%
Q2 2025
+7.9%
Q3 2025
+3.1%
Q4 2025
+0.3%
Q1 2026
+13.0%
Sector allocation
Technology 39%
Financials 21%
Consumer discretionary 11%
Healthcare 8%
Industrials 4%
Services media 4%
Utilities 4%
Other 3%
Long book by quarter
What does Trust Co own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AAPL APPLE INC | Technology | 96.2K | $24.4M | 3.9% | +2.9% |
| MSFT MICROSOFT CORP | Technology | 19.7K | $7.3M | 1.2% | +0.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 13.1K | $6.3M | 1.0% | +0.5% |
| LOB LIVE OAK BANCSHARES INC | Financials | 167.5K | $5.5M | 0.9% | Held |
| RY ROYAL BANK OF CANADA | Financials | 26.9K | $4.3M | 0.7% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 17.2K | $3.6M | 0.6% | +5.4% |
| WMT WALMART INC | Consumer discretionary | 27.6K | $3.4M | 0.6% | -1.0% |
| GOOG ALPHABET INC-CL C | Technology | 10.1K | $2.9M | 0.5% | +11.6% |
| JPM JPMORGAN CHASE & CO | Financials | 7.7K | $2.3M | 0.4% | +1.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 9.2K | $2.3M | 0.4% | -1.6% |
| DUK DUKE ENERGY CORP | Utilities | 16.1K | $2.1M | 0.3% | +4.5% |
| V VISA INC-CLASS A SHARES | Services media | 6.9K | $2.1M | 0.3% | -1.3% |
| LOW LOWE'S COS INC | Consumer discretionary | 8.7K | $2.1M | 0.3% | +56.6% |
| NVDA NVIDIA CORP | Technology | 11.7K | $2.0M | 0.3% | +32.7% |
| XOM EXXON MOBIL CORP | Energy | 11.8K | $2.0M | 0.3% | +14.1% |
| AVGO BROADCOM INC | Technology | 6.5K | $2.0M | 0.3% | -0.5% |
| ABBV ABBVIE INC | Healthcare | 8.3K | $1.8M | 0.3% | +2.1% |
| FCNCA FIRST CITIZENS BCSHS -CL A | Financials | 947 | $1.8M | 0.3% | Held |
| GOOGL ALPHABET INC-CL A | Technology | 5.5K | $1.6M | 0.3% | +1.2% |
| PG PROCTER & GAMBLE CO/THE | Other | 10.5K | $1.5M | 0.2% | +5.2% |
| HD HOME DEPOT INC | Consumer discretionary | 4.5K | $1.5M | 0.2% | +0.6% |
| TFC TRUIST FINANCIAL CORP | Financials | 32.3K | $1.5M | 0.2% | +0.5% |
| MRK MERCK & CO. INC. | Healthcare | 10.6K | $1.3M | 0.2% | +2.2% |
| META META PLATFORMS INC-CLASS A | Technology | 2.2K | $1.3M | 0.2% | -3.6% |
| MCD MCDONALD'S CORP | Consumer discretionary | 4.0K | $1.2M | 0.2% | +9.6% |
| WM WASTE MANAGEMENT INC | Utilities | 5.3K | $1.2M | 0.2% | +171.8% |
| BAC BANK OF AMERICA CORP | Financials | 24.6K | $1.2M | 0.2% | +106.6% |
| NCNO NCINO INC | Technology | 77.7K | $1.2M | 0.2% | Held |
| ADI ANALOG DEVICES INC | Technology | 3.6K | $1.1M | 0.2% | Held |
| LLY ELI LILLY & CO | Healthcare | 1.2K | $1.1M | 0.2% | +46.6% |
| KO COCA-COLA CO/THE | Consumer staples | 14.1K | $1.1M | 0.2% | +12.8% |
| KLAC KLA CORP | Other | 698 | $1.0M | 0.2% | New |
| SON SONOCO PRODUCTS CO | Other | 18.2K | $982K | 0.2% | +31.8% |
| ABT ABBOTT LABORATORIES | Healthcare | 9.4K | $969K | 0.2% | -11.4% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 961 | $958K | 0.2% | +30.4% |
| ORCL ORACLE CORP | Technology | 6.2K | $914K | 0.1% | +171.9% |
| GE GENERAL ELECTRIC | Industrials | 3.1K | $884K | 0.1% | +6.4% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 3.2K | $783K | 0.1% | +56.2% |
| LHX L3HARRIS TECHNOLOGIES INC | Technology | 2.2K | $768K | 0.1% | Held |
| MA MASTERCARD INC - A | Services media | 1.5K | $743K | 0.1% | +78.4% |
| CVX CHEVRON CORP | Energy | 3.2K | $653K | 0.1% | +2.6% |
| ADP AUTOMATIC DATA PROCESSING | Technology | 3.1K | $633K | 0.1% | Held |
| ACN ACCENTURE PLC-CL A | Services media | 3.2K | $631K | 0.1% | Held |
| PFE PFIZER INC | Healthcare | 22.2K | $622K | 0.1% | +67.1% |
| PEP PEPSICO INC | Consumer staples | 3.9K | $612K | 0.1% | +49.0% |
| RTX RTX CORP | Industrials | 3.2K | $611K | 0.1% | +17.6% |
| LIN LINDE PLC | Materials | 1.2K | $603K | 0.1% | New |
| GD GENERAL DYNAMICS CORP | Industrials | 1.5K | $524K | 0.1% | +3.4% |
| STT STATE STREET CORP | Financials | 4.1K | $521K | 0.1% | Held |
| CNI CANADIAN NATL RAILWAY CO | Industrials | 4.9K | $506K | 0.1% | -0.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 6, 2026 | 146 | $621.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 5, 2026 | 140 | $621.8M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 2, 2025 | 137 | $602.7M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 3, 2025 | 136 | $563.3M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 1, 2025 | 128 | $478.6M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 2, 2025 | 127 | $491.1M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 2, 2024 | 135 | $472.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 2, 2024 | 121 | $422.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 10, 2024 | 123 | $432.8M | canonical | SEC ↗ |