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Livermore
Livermore
ZHEN

True North Advisors, LLC

SEC CIK
0001634556
Latest filing
Jul 22, 2026

Holdings in Q4 2022

Holdings as of Dec 31, 2022, filed Feb 13, 2023. Long positions only; changes compare share counts with Q3 2022.

Institution overview
Positions
172
−13 vs. Q3 2022
Portfolio value
$293.2M
−$11.6M (−3.8%) vs. Q3 2022
Filed
Feb 13, 2023
SEC
Holdings of True North Advisors, LLC in Q4 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
BRK.BBerkshire Hathaway IncStock93,438$28.9M9.8%−1,318−1.4%ReducedHistory
Ssga Active ETF Tr78467V848ST STR TOTAL ETF677,697$27.1M9.3%+613,016+947.8%Added–
AAPLApple Inc.Stock134,508$17.5M6.0%+743+0.6%AddedHistory
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF240,772$7.15M2.4%−19,854−7.6%Reduced–
DOWDow Inc.Stock133,118$6.71M2.3%00.0%UnchangedHistory
MSFTMicrosoft CorpStock27,208$6.52M2.2%+1,610+6.3%AddedHistory
SPYSPDR S&P 500 ETF TrustETF15,823$6.05M2.1%+129+0.8%AddedHistory
CTVACorteva, Inc.Stock99,794$5.87M2.0%00.0%UnchangedHistory
DDDuPont de Nemours, Inc.COM82,798$5.68M1.9%00.0%UnchangedHistory
GOOGAlphabet Inc.Stock54,342$4.82M1.6%+54,342NewHistory
iShares Tr464287234MSCI EMG MKT ETF122,242$4.63M1.6%+122,242New–
BABoeing CoStock23,668$4.51M1.5%−311−1.3%ReducedHistory
PFEPfizer IncStock82,613$4.23M1.4%+781+1.0%AddedHistory
XOMExxonMobil Holdings CorpCOM36,337$4.01M1.4%+150.0%AddedHistory
UNHUnitedHealth Group IncStock7,177$3.81M1.3%00.0%UnchangedHistory
SCHWSchwab Charles CorpStock45,000$3.75M1.3%00.0%UnchangedHistory
CVXChevron CorpStock20,821$3.74M1.3%−90.0%ReducedHistory
JNJJohnson & JohnsonStock20,315$3.59M1.2%−373−1.8%ReducedHistory
iShares Russell 1000 Growth ETF464287614ETF16,718$3.58M1.2%+5,943+55.2%Added–
WYWeyerhaeuser CoCOM NEW112,045$3.47M1.2%+30.0%AddedHistory
GOOGLAlphabet Inc.Stock36,740$3.24M1.1%+36,740NewHistory
COPConocoPhillipsStock27,188$3.21M1.1%00.0%UnchangedHistory
HPEHewlett Packard Enterprise CoCOM150,910$3.17M1.1%+69,455+85.3%AddedHistory
BACBank of America CorpStock93,344$3.09M1.1%−2,831−2.9%ReducedHistory
OXYOccidental Petroleum CorpStock48,931$3.08M1.1%+150+0.3%AddedHistory
COSTCostco Wholesale CorpStock5,697$2.60M0.9%+10.0%AddedHistory
WFCWells Fargo & CompanyStock61,194$2.53M0.9%00.0%UnchangedHistory
SNYSanofiSPONSORED ADR50,060$2.42M0.8%00.0%UnchangedHistory
FISVFiserv IncStock22,506$2.27M0.8%+40.0%AddedHistory
COFCapital One Financial CorpStock24,000$2.23M0.8%00.0%UnchangedHistory
APOApollo Global Management, Inc.COM34,223$2.18M0.7%+34,223NewHistory
CMCSAComcast CorpStock61,709$2.16M0.7%+1,000+1.6%AddedHistory
MRKMerck & Co., Inc.Stock19,388$2.15M0.7%−193−1.0%ReducedHistory
CUBECubeSmartREIT53,098$2.14M0.7%+33+0.1%AddedHistory
DISWalt Disney CoStock24,338$2.11M0.7%00.0%UnchangedHistory
CICigna GroupStock6,170$2.04M0.7%+170+2.8%AddedHistory
FDXFedEx CorpStock11,720$2.03M0.7%+1,000+9.3%AddedHistory
JPMJPMorgan Chase & CoStock14,973$2.01M0.7%+699+4.9%AddedHistory
SLBSLB LimitedStock36,818$1.97M0.7%+50+0.1%AddedHistory
GILDGilead Sciences, Inc.Stock22,087$1.90M0.6%+1,975+9.8%AddedHistory
WMBWilliams Companies, Inc.COM54,935$1.81M0.6%00.0%UnchangedHistory
MKLMarkel Group Inc.COM1,324$1.74M0.6%+1,324NewHistory
LLYEli Lilly & CoStock4,500$1.65M0.6%00.0%UnchangedHistory
CHTRCharter Communications, Inc.CL A4,835$1.64M0.6%+500+11.5%AddedHistory
AXPAmerican Express CoStock11,000$1.63M0.6%00.0%UnchangedHistory
RTXRTX CorpStock15,936$1.61M0.5%+1,824+12.9%AddedHistory
CLColgate Palmolive CoStock19,930$1.57M0.5%00.0%UnchangedHistory
METMetlife IncStock21,600$1.56M0.5%00.0%UnchangedHistory
BXBlackstone Inc.COM20,893$1.55M0.5%+20,893NewHistory
BMYBristol Myers Squibb CoStock21,474$1.55M0.5%+10.0%AddedHistory
WMTWalmart Inc.Stock10,706$1.52M0.5%+20.0%AddedHistory
TXNTexas Instruments IncStock9,039$1.49M0.5%+200+2.3%AddedHistory
MLMMartin Marietta Materials IncCOM4,401$1.49M0.5%00.0%UnchangedHistory
NVSNovartis AGADR15,901$1.44M0.5%00.0%UnchangedHistory
GEGeneral Electric CoStock17,147$1.44M0.5%+17,147NewHistory
CVECenovus Energy Inc.COM73,520$1.43M0.5%00.0%UnchangedHistory
ABTAbbott LaboratoriesStock12,852$1.41M0.5%−515−3.9%ReducedHistory
CATCaterpillar IncStock5,867$1.41M0.5%+23+0.4%AddedHistory
GSGoldman Sachs Group IncStock3,914$1.34M0.5%+180+4.8%AddedHistory
PEPPepsiCo IncStock7,335$1.33M0.5%+20.0%AddedHistory
iShares Russell 1000 Value ETF464287598ETF8,571$1.30M0.4%−4,006−31.9%Reduced–
AMZNAmazon Com IncStock15,281$1.28M0.4%−1,061−6.5%ReducedHistory
FASTFastenal CoStock26,393$1.25M0.4%00.0%UnchangedHistory
CLWClearwater Paper CorpCOM32,570$1.23M0.4%00.0%UnchangedHistory
BNYBank of New York Mellon CorpStock26,407$1.20M0.4%00.0%UnchangedHistory
TMUST-Mobile US, Inc.Stock8,512$1.19M0.4%00.0%UnchangedHistory
CVSCVS Health CorpStock12,583$1.17M0.4%00.0%UnchangedHistory
APDAir Products & Chemicals, Inc.Stock3,635$1.12M0.4%−515−12.4%ReducedHistory
VLOValero Energy CorpStock8,789$1.11M0.4%+1,105+14.4%AddedHistory
CBRECbre Group, Inc.CL A14,122$1.09M0.4%+14,122NewHistory
DEODiageo PLCSPON ADR NEW6,014$1.07M0.4%+6,014NewHistory
MAXRMaxar Technologies Inc.COM20,500$1.06M0.4%+20,500NewHistory
MPCMarathon Petroleum CorpStock9,101$1.06M0.4%00.0%UnchangedHistory
TELTE Connectivity plcREG SHS9,084$1.04M0.4%+9,084NewHistory
UNPUnion Pacific CorpStock5,021$1.04M0.4%00.0%UnchangedHistory
TFCTruist Financial CorpCOM23,523$1.01M0.3%+32+0.1%AddedHistory
BKNGBooking Holdings Inc.Stock500$1.01M0.3%+500NewHistory
BRK.ABerkshire Hathaway IncCL A2$937.4K0.3%+2NewHistory
BMRNBiomarin Pharmaceutical IncCOM8,700$900.4K0.3%00.0%UnchangedHistory
AZNAstraZeneca PLCSPONSORED ADR13,100$888.2K0.3%00.0%UnchangedHistory
iShares Russell 2000 Growth ETF464287648ETF4,136$887.3K0.3%+1,740+72.6%Added–
CSCOCisco Systems, Inc.Stock18,199$867.0K0.3%+80.0%AddedHistory
PSXPhillips 66Stock7,897$821.9K0.3%00.0%UnchangedHistory
BKRBaker Hughes CoCL A26,785$791.0K0.3%+1,785+7.1%AddedHistory
ACVAACV Auctions Inc.COM CL A96,198$789.8K0.3%+96,198NewHistory
KMIKinder Morgan, Inc.Stock43,640$789.0K0.3%+31+0.1%AddedHistory
TRGPTarga Resources Corp.COM10,697$786.2K0.3%00.0%UnchangedHistory
PBAPembina Pipeline CorpCOM23,100$784.2K0.3%00.0%UnchangedHistory
CECelanese CorpStock7,500$766.8K0.3%00.0%UnchangedHistory
WYNNWynn Resorts LtdCOM9,000$742.2K0.3%−5,000−35.7%ReducedHistory
PGProcter & Gamble CoStock4,655$705.5K0.2%+29+0.6%AddedHistory
ABBVAbbVie Inc.Stock4,306$696.0K0.2%+676+18.6%AddedHistory
ACNAccenture plcStock2,564$684.2K0.2%+2,564NewHistory
TRVTravelers Companies, Inc.Stock3,625$679.7K0.2%+3,625NewHistory
QCOMQualcomm IncStock6,142$675.2K0.2%+2,399+64.1%AddedHistory
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 12,027$671.7K0.2%+25+1.2%AddedHistory
Invesco QQQ Trust Series I46090E103ETF2,502$666.2K0.2%+209+9.1%Added–
CARRCarrier Global CorpStock15,500$639.4K0.2%+1,021+7.1%AddedHistory
GSKGSK plcADR18,052$634.3K0.2%00.0%UnchangedHistory
TGTTarget CorpStock4,170$621.5K0.2%+16+0.4%AddedHistory

Sold out since Q3 2022 (47)

Positions held at the end of Q3 2022 that are gone from this filing.

Positions of True North Advisors, LLC sold out since Q3 2022
SecurityClassShares in Q3 2022Value in Q3 2022% of portfolio in Q3 2022History
LIILennox International IncCOM199,664$44.5M14.6%History
Schwab U.S. Large-Cap Value ETF808524409ETF114,366$6.69M2.2%–
Schwab U.S. Large-Cap Growth ETF808524300ETF80,880$4.51M1.5%–
Schwab Fundamental U.S. Small Company ETF808524763ETF96,071$4.08M1.3%–
Schwab Fundamental U.S. Large Company ETF808524771ETF65,584$3.13M1.0%–
EPDEnterprise Products Partners L.P.Stock108,746$2.58M0.8%History
PCHPotlatchdeltic CorpCOM62,468$2.56M0.8%History
Schwab Fundamental International Equity ETF808524755ETF89,346$2.25M0.7%–
Schwab U.S. Large-Cap ETF808524201ETF50,881$2.15M0.7%–
ETEnergy Transfer LPCOM UT LTD PTN173,754$1.92M0.6%History
Schwab Fundamental International Small Equity ETF808524748ETF61,884$1.68M0.6%–
Schwab US Aggregate Bond ETF808524839ETF34,141$1.55M0.5%–
Schwab US Dividend Equity ETF808524797ETF20,826$1.38M0.5%–
Schwab International Equity ETF808524805ETF44,399$1.25M0.4%–
SGOLabrdn Gold ETF TrustETF70,144$1.12M0.4%History
Vanguard Morningstar Mid-Cap Growth ETF922908538ETF6,519$1.11M0.4%–
Vanguard Mortgage-Backed Securities ETF92206C771ETF22,678$1.02M0.3%–
Vanguard Total World Stock ETF922042742ETF11,759$927.0K0.3%–
VNOMViper Energy, Inc.COM UNT RP INT27,260$781.0K0.3%History
Schwab Fundamental Emerging Markets Equity ETF808524730ETF31,027$727.0K0.2%–
WESWestern Midstream Partners, LPCOM UNIT LP INT28,859$726.0K0.2%History
Schwab Emerging Markets Equity ETF808524706ETF32,112$719.0K0.2%–
PAGPPlains GP Holdings LPLTD PARTNR INT A59,503$649.0K0.2%History
LNGCheniere Energy, Inc.COM NEW3,828$635.0K0.2%History
TSLATesla, Inc.Stock2,153$571.0K0.2%History
MMPMagellan Midstream Partners, L.P.COM UNIT RP LP11,644$553.0K0.2%History
Vanguard Morningstar Small-Cap Value ETF922908611ETF3,851$552.0K0.2%–
Vanguard Morningstar Total Stock Market ETF922908769ETF2,938$527.0K0.2%–
Vanguard Morningstar Small-Cap Growth ETF922908595ETF2,501$488.0K0.2%–
iShares Inc464286525MSCI GBL MIN VOL5,178$458.0K0.2%–
IAUiShares Gold TrustETF13,599$428.0K0.1%History
ARLPAlliance Resource Partners LPStock15,155$347.0K0.1%History
Vanguard Morningstar Small-Cap ETF922908751ETF2,003$342.0K0.1%–
Vanguard Ftse All-World Ex-US Index Fund922042775ETF6,883$305.0K0.1%–
PHYSSprott Physical Gold TrustPHYSICAL GOLD TR22,885$292.0K0.1%History
Vanguard Morningstar Large-Cap ETF922908637ETF1,720$281.0K0.1%–
Vanguard Morningstar Growth ETF922908736ETF1,291$276.0K0.1%–
iShares Core MSCI Eafe ETF46432F842ETF4,268$224.0K0.1%–
XIFRXPLR Infrastructure, LPCOM UNIT PART IN3,095$223.0K0.1%History
Vanguard Ftse Emerging Markets ETF922042858ETF6,105$222.0K0.1%–
CRMSalesforce, Inc.Stock1,434$206.0K0.1%History
Ssga Active ETF Tr78467V608ST STR BL LN ETF5,046$206.0K0.1%–
Vanguard Morningstar Value ETF922908744ETF1,662$205.0K0.1%–
TJXTJX Companies IncStock3,296$204.0K0.1%History
GLDSPDR Gold TrustETF1,295$200.0K0.1%History
TLRYTilray Brands, Inc.COM CL 240,180$110.0K<0.1%History
SNAXStryve Foods, Inc.common41,000$21.0K<0.1%History