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Livermore
Livermore
ZHEN

True North Advisors, LLC

SEC CIK
0001634556
Latest filing
Jul 22, 2026

Holdings in Q1 2022

Holdings as of Mar 31, 2022, filed May 12, 2022. Long positions only; changes compare share counts with Q4 2021.

Institution overview
Positions
197
−38 vs. Q4 2021
Portfolio value
$371.8M
−$220.2M (−37.2%) vs. Q4 2021
Filed
May 12, 2022
SEC
Holdings of True North Advisors, LLC in Q1 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
LIILennox International IncCOM199,664$51.5M13.8%00.0%UnchangedHistory
BRK.BBerkshire Hathaway IncStock95,581$33.7M9.1%+2,795+3.0%AddedHistory
AAPLApple Inc.Stock134,469$23.5M6.3%−67,539−33.4%ReducedHistory
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF255,855$8.77M2.4%+44,619+21.1%Added–
Schwab U.S. Large-Cap Value ETF808524409ETF122,287$8.73M2.3%+6,280+5.4%Added–
DOWDow Inc.Stock133,203$8.49M2.3%−244,843−64.8%ReducedHistory
MSFTMicrosoft CorpStock24,444$7.54M2.0%−57,989−70.3%ReducedHistory
Schwab U.S. Large-Cap Growth ETF808524300ETF85,733$6.41M1.7%+5,449+6.8%AddedConverted for a 2-for-1 split–
SPYSPDR S&P 500 ETF TrustETF13,504$6.10M1.6%+1,386+11.4%AddedHistory
DDDuPont de Nemours, Inc.COM82,798$6.09M1.6%−182,698−68.8%ReducedHistory
CTVACorteva, Inc.Stock100,212$5.76M1.5%−256,700−71.9%ReducedHistory
Schwab Fundamental U.S. Small Company ETF808524763ETF96,741$5.17M1.4%−4,981−4.9%Reduced–
BABoeing CoStock23,793$4.56M1.2%−318−1.3%ReducedHistory
PFEPfizer IncStock82,186$4.25M1.1%−2,004−2.4%ReducedHistory
WYWeyerhaeuser CoCOM NEW112,042$4.25M1.1%+3,646+3.4%AddedHistory
BACBank of America CorpStock93,343$3.85M1.0%+1,072+1.2%AddedHistory
SCHWSchwab Charles CorpStock45,000$3.79M1.0%−382−0.8%ReducedHistory
UNHUnitedHealth Group IncStock7,230$3.69M1.0%−196−2.6%ReducedHistory
DISWalt Disney CoStock25,984$3.56M1.0%−706−2.6%ReducedHistory
CVXChevron CorpStock20,655$3.36M0.9%−1,002−4.6%ReducedHistory
JNJJohnson & JohnsonStock18,831$3.34M0.9%−20,969−52.7%ReducedHistory
PCHPotlatchdeltic CorpCOM62,468$3.29M0.9%00.0%UnchangedHistory
COFCapital One Financial CorpStock24,000$3.15M0.8%−97−0.4%ReducedHistory
Ssga Active ETF Tr78467V848ST STR TOTAL ETF67,498$3.02M0.8%–––
WFCWells Fargo & CompanyStock61,399$2.98M0.8%−136−0.2%ReducedHistory
CMCSAComcast CorpStock62,230$2.91M0.8%+1,394+2.3%AddedHistory
EPDEnterprise Products Partners L.P.Stock110,042$2.84M0.8%−110,215−50.0%ReducedHistory
COSTCostco Wholesale CorpStock4,918$2.83M0.8%−595−10.8%ReducedHistory
XOMExxonMobil Holdings CorpCOM33,866$2.80M0.8%−656−1.9%ReducedHistory
OXYOccidental Petroleum CorpStock48,783$2.77M0.7%−206−0.4%ReducedHistory
CUBECubeSmartREIT53,014$2.76M0.7%−133−0.3%ReducedHistory
COPConocoPhillipsStock27,344$2.73M0.7%−972−3.4%ReducedHistory
SNYSanofiSPONSORED ADR50,060$2.57M0.7%+9,963+24.8%AddedHistory
Schwab Fundamental U.S. Large Company ETF808524771ETF43,088$2.52M0.7%−2,759−6.0%Reduced–
FDXFedEx CorpStock10,700$2.48M0.7%+592+5.9%AddedHistory
iShares Russell 1000 Growth ETF464287614ETF8,707$2.42M0.7%−768−8.1%Reduced–
CHTRCharter Communications, Inc.CL A4,335$2.36M0.6%−4−0.1%ReducedHistory
FISVFiserv IncStock22,500$2.28M0.6%−50.0%ReducedHistory
GMSGMS Inc.COM45,600$2.27M0.6%00.0%UnchangedHistory
Vanguard Total World Stock ETF922042742ETF21,664$2.19M0.6%−8,034−27.1%Reduced–
Schwab Fundamental International Small Equity ETF808524748ETF61,224$2.17M0.6%−11,784−16.1%Reduced–
Schwab Fundamental International Equity ETF808524755ETF64,945$2.09M0.6%−50,543−43.8%Reduced–
AXPAmerican Express CoStock11,000$2.06M0.6%00.0%UnchangedHistory
Schwab US Aggregate Bond ETF808524839ETF39,534$2.00M0.5%–––
JPMJPMorgan Chase & CoStock14,554$1.98M0.5%−3,149−17.8%ReducedHistory
AMZNAmazon Com IncStock592$1.93M0.5%−141−19.2%ReducedHistory
WMBWilliams Companies, Inc.COM55,610$1.86M0.5%+7,274+15.0%AddedHistory
Schwab U.S. Large-Cap ETF808524201ETF32,768$1.76M0.5%+2,152+7.0%AddedConverted for a 2-for-1 split–
TXNTexas Instruments IncStock9,076$1.67M0.4%−1,261−12.2%ReducedHistory
MLMMartin Marietta Materials IncCOM4,319$1.66M0.4%00.0%UnchangedHistory
MRKMerck & Co., Inc.Stock20,046$1.64M0.4%+48+0.2%AddedHistory
WMTWalmart Inc.Stock11,022$1.64M0.4%−492−4.3%ReducedHistory
BMYBristol Myers Squibb CoStock21,596$1.58M0.4%−2,810−11.5%ReducedHistory
TFCTruist Financial CorpCOM27,051$1.53M0.4%−99−0.4%ReducedHistory
ABTAbbott LaboratoriesStock12,928$1.53M0.4%−19,669−60.3%ReducedHistory
CLColgate Palmolive CoStock20,042$1.52M0.4%−21,125−51.3%ReducedHistory
METMetlife IncStock21,600$1.52M0.4%−43−0.2%ReducedHistory
iShares Russell 1000 Value ETF464287598ETF8,696$1.44M0.4%−378−4.2%Reduced–
RTXRTX CorpStock14,527$1.44M0.4%+3,753+34.8%AddedHistory
NVSNovartis AGADR16,176$1.42M0.4%−1,614−9.1%ReducedHistory
SGOLabrdn Gold ETF TrustETF76,327$1.42M0.4%−6,791−8.2%ReducedHistory
UNPUnion Pacific CorpStock5,123$1.40M0.4%−14,984−74.5%ReducedHistory
CVECenovus Energy Inc.COM81,921$1.37M0.4%−3,465−4.1%ReducedHistory
HPEHewlett Packard Enterprise CoCOM81,455$1.36M0.4%−487−0.6%ReducedHistory
ETEnergy Transfer LPCOM UT LTD PTN118,786$1.33M0.4%−4,233−3.4%ReducedHistory
FASTFastenal CoStock22,166$1.32M0.4%−173,406−88.7%ReducedHistory
BNYBank of New York Mellon CorpStock26,407$1.31M0.4%+207+0.8%AddedHistory
CATCaterpillar IncStock5,844$1.30M0.4%−2,500−30.0%ReducedHistory
LLYEli Lilly & CoStock4,464$1.28M0.3%+758+20.5%AddedHistory
PEPPepsiCo IncStock7,501$1.25M0.3%−1,015−11.9%ReducedHistory
GSGoldman Sachs Group IncStock3,734$1.23M0.3%−5,009−57.3%ReducedHistory
SLBSLB LimitedStock29,531$1.22M0.3%−9,450−24.2%ReducedHistory
GILDGilead Sciences, Inc.Stock20,202$1.20M0.3%−39,944−66.4%ReducedHistory
VNOMViper Energy, Inc.COM UNT RP INT40,648$1.20M0.3%+113+0.3%AddedHistory
CVSCVS Health CorpStock11,712$1.19M0.3%−253−2.1%ReducedHistory
WYNNWynn Resorts LtdCOM14,000$1.12M0.3%−10−0.1%ReducedHistory
Vanguard Mortgage-Backed Securities ETF92206C771ETF22,180$1.11M0.3%–––
TSLATesla, Inc.Stock1,025$1.10M0.3%−9−0.9%ReducedHistory
TMUST-Mobile US, Inc.Stock8,512$1.09M0.3%−27−0.3%ReducedHistory
CECelanese CorpStock7,500$1.07M0.3%−14−0.2%ReducedHistory
Schwab International Equity ETF808524805ETF28,966$1.06M0.3%+830+2.9%Added–
CSCOCisco Systems, Inc.Stock18,964$1.06M0.3%−883−4.4%ReducedHistory
GSKGSK plcSPONSORED ADR22,588$983.0K0.3%−190−0.8%ReducedHistory
ENBEnbridge IncStock21,290$981.0K0.3%−19,916−48.3%ReducedHistory
Vanguard BD Index FDS92203C303VANGUARD ULTRA19,547$965.0K0.3%–––
VVisa Inc.Stock4,174$925.0K0.2%−129−3.0%ReducedHistory
KMFKayne Anderson NextGen Energy & Infrastructure, Inc.COM108,047$925.0K0.2%+1,919+1.8%AddedHistory
TGTTarget CorpStock4,341$921.0K0.2%−278−6.0%ReducedHistory
OKEONEOK IncCOM12,925$912.0K0.2%−1,073−7.7%ReducedHistory
CLWClearwater Paper CorpCOM32,570$912.0K0.2%−33−0.1%ReducedHistory
BKRBaker Hughes CoCL A25,000$910.0K0.2%−117−0.5%ReducedHistory
APDAir Products & Chemicals, Inc.Stock3,635$908.0K0.2%−7−0.2%ReducedHistory
Invesco QQQ Trust Series I46090E103ETF2,423$878.0K0.2%+241+11.0%Added–
AZNAstraZeneca PLCSPONSORED ADR13,120$870.0K0.2%−75−0.6%ReducedHistory
MPCMarathon Petroleum CorpStock9,653$825.0K0.2%−202−2.0%ReducedHistory
PBAPembina Pipeline CorpCOM21,571$811.0K0.2%−103−0.5%ReducedHistory
TRGPTarga Resources Corp.COM10,700$807.0K0.2%+481+4.7%AddedHistory
VLOValero Energy CorpStock7,679$779.0K0.2%−169−2.2%ReducedHistory
WESWestern Midstream Partners, LPCOM UNIT LP INT28,859$727.0K0.2%00.0%UnchangedHistory
PGProcter & Gamble CoStock4,731$722.0K0.2%−11,201−70.3%ReducedHistory

Sold out since Q4 2021 (49)

Positions held at the end of Q4 2021 that are gone from this filing.

Positions of True North Advisors, LLC sold out since Q4 2021
SecurityClassShares in Q4 2021Value in Q4 2021% of portfolio in Q4 2021History
DHRDanaher CorpStock35,895$11.8M2.0%History
SBUXStarbucks CorpStock97,676$11.4M1.9%History
RMDResmed IncCOM32,100$8.36M1.4%History
ZTSZoetis Inc.Stock32,294$7.88M1.3%History
ITWIllinois Tool Works IncStock16,270$4.01M0.7%History
VRSKVerisk Analytics, Inc.COM17,100$3.91M0.7%History
LINLinde PLCSHS10,064$3.49M0.6%History
UPSUnited Parcel Service IncStock11,328$2.43M0.4%History
ICEIntercontinental Exchange, Inc.Stock17,655$2.41M0.4%History
ECLEcolab Inc.Stock9,734$2.28M0.4%History
MKCMcCormick & Co IncStock23,106$2.23M0.4%History
VEEVVeeva Systems IncStock8,357$2.13M0.4%History
FTVFortive CorpStock26,150$1.99M0.3%History
EMREmerson Electric CoStock20,156$1.87M0.3%History
iShares Core High Dividend ETF46429B663ETF15,905$1.61M0.3%–
PIMCO Equity Ser72201T342RAFI ESG US37,194$1.23M0.2%–
LNCLincoln National CorpCOM16,039$1.09M0.2%History
KMBKimberly Clark CorpStock7,474$1.07M0.2%History
ABBVAbbVie Inc.Stock6,445$872.0K0.1%History
BPBP PLCADR24,565$654.0K0.1%History
KLACKLA CorpCOM NEW1,437$618.0K0.1%History
PYPLPayPal Holdings, Inc.Stock3,037$572.0K0.1%History
CPRTCopart IncCOM2,511$380.0K0.1%History
First Tr Exchange-Traded FD33739Q200FST LOW OPPT EFT–$374.0K0.1%–
iShares Tr464288521CRE U S REIT ETF5,454$368.0K0.1%–
VZVerizon Communications IncStock7,010$364.0K0.1%History
WDAYWorkday, Inc.CL A1,327$362.0K0.1%History
SHOPShopify Inc.Stock242$333.0K0.1%History
MCDMcDonalds CorpStock1,237$331.0K0.1%History
VNTVontier CorpStock10,460$321.0K0.1%History
Invesco Exchange Traded FD T46137V597RAFI US 15001,677$321.0K0.1%–
ADPAutomatic Data Processing IncStock1,265$311.0K0.1%History
CTASCintas CorpStock686$304.0K0.1%History
MDBMongoDB, Inc.CL A575$304.0K0.1%History
AMEAmetek IncCOM2,061$303.0K0.1%History
NFLXNetflix IncStock480$289.0K<0.1%History
GSBDGoldman Sachs BDC, Inc.SHS14,790$283.0K<0.1%History
NKENIKE, Inc.Stock1,591$265.0K<0.1%History
HHCHoward Hughes CorpCOM2,544$258.0K<0.1%History
HALHalliburton CoStock11,000$251.0K<0.1%History
ACBIAtlantic Capital Bancshares, Inc.COM8,714$250.0K<0.1%History
iShares Tr46428743220 YR TR BD ETF–$247.0K<0.1%–
AMATApplied Materials IncStock1,557$245.0K<0.1%History
SPDR Series Trust78464A664ST LON TREAS ETF–$242.0K<0.1%–
SYKStryker CorpStock900$240.0K<0.1%History
LOWLowes Companies IncStock902$233.0K<0.1%History
DOCUDocuSign, Inc.Stock1,416$215.0K<0.1%History
MOAltria Group, Inc.Stock4,477$212.0K<0.1%History
TREXTrex Co IncCOM1,504$203.0K<0.1%History