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Livermore
Livermore
ZHEN

True North Advisors, LLC

SEC CIK
0001634556
Latest filing
Jul 22, 2026

Holdings in Q3 2023

Holdings as of Sep 30, 2023, filed Nov 14, 2023. Long positions only; changes compare share counts with Q2 2023.

Institution overview
Positions
192
−12 vs. Q2 2023
Portfolio value
$324.6M
−$28.1M (−8.0%) vs. Q2 2023
Filed
Nov 14, 2023
SEC
Holdings of True North Advisors, LLC in Q3 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
NAKNorthern Dynasty Minerals LtdCOM NEW81,500$26.5K<0.1%00.0%UnchangedHistory
Corenergy Infrastructure Tr21870UAC0NOTE 5.875% 8/1–$40.9K<0.1%–––
OUSTOuster, Inc.COM NEW14,555$73.4K<0.1%00.0%UnchangedHistory
Invesco Exchange Traded FD T46137V100AEROSPACE DEFN2,549$203.4K0.1%00.0%Unchanged–
CVSCVS Health CorpStock2,927$204.4K0.1%+27+0.9%AddedHistory
State Street Technology Select Sector SPDR ETF81369Y803ETF1,253$205.4K0.1%+1,253New–
SBACSba Communications CorpCL A1,040$208.2K0.1%−313−23.1%ReducedHistory
SSBSouthState Bank CorpCOM3,137$211.3K0.1%00.0%UnchangedHistory
INTUIntuit Inc.Stock415$212.0K0.1%−237−36.3%ReducedHistory
LCIDLucid Group, Inc.COM38,370$214.5K0.1%+38,370NewHistory
BLKBlackRock, Inc.COM336$217.2K0.1%−45−11.8%ReducedHistory
CPTCamden Property TrustREIT2,330$220.4K0.1%−420−15.3%ReducedHistory
MSMorgan StanleyStock2,709$221.2K0.1%−813−23.1%ReducedHistory
Invesco Exchange Traded FD T46137V837DORS WRI MOM ETF2,874$221.3K0.1%00.0%Unchanged–
HSYHershey CoCOM1,143$228.6K0.1%00.0%UnchangedHistory
DHRDanaher CorpStock922$228.7K0.1%−349−27.5%ReducedHistory
SNPSSynopsys IncCOM500$229.5K0.1%−500−50.0%ReducedHistory
PMPhilip Morris International Inc.Stock2,480$229.6K0.1%−192−7.2%ReducedHistory
Vanguard Information Technology ETF92204A702ETF556$230.7K0.1%00.0%Unchanged–
AONAon plcCL A727$235.7K0.1%00.0%UnchangedHistory
EOGEOG Resources IncStock1,885$238.9K0.1%+16+0.9%AddedHistory
WELLWelltower Inc.REIT2,936$240.5K0.1%−989−25.2%ReducedHistory
PSAPublic StorageCOM916$241.4K0.1%−230−20.1%ReducedHistory
AMGNAmgen IncStock910$244.6K0.1%00.0%UnchangedHistory
EQIXEquinix IncCOM345$250.6K0.1%−95−21.6%ReducedHistory
TJXTJX Companies IncStock2,823$250.9K0.1%−940−25.0%ReducedHistory
WFCWells Fargo & CompanyStock6,191$253.0K0.1%−34,275−84.7%ReducedHistory
Vanguard Ftse Emerging Markets ETF922042858ETF6,476$253.9K0.1%−83−1.3%Reduced–
DLRDigital Realty Trust, Inc.COM2,100$254.1K0.1%−692−24.8%ReducedHistory
Schwab Emerging Markets Equity ETF808524706ETF10,716$256.5K0.1%−768−6.7%Reduced–
AVBAvalonbay Communities IncCOM1,512$259.7K0.1%−390−20.5%ReducedHistory
Schwab Fundamental Emerging Markets Equity ETF808524730ETF9,918$260.0K0.1%−717−6.7%Reduced–
BSMBlack Stone Minerals, L.P.COM UNIT15,545$267.8K0.1%+15,545NewHistory
HBANHuntington Bancshares IncCOM25,910$269.5K0.1%00.0%UnchangedHistory
MCDMcDonalds CorpStock1,023$269.6K0.1%+25+2.5%AddedHistory
YUMYum Brands IncStock2,185$273.0K0.1%00.0%UnchangedHistory
LINLinde PLCStock742$276.3K0.1%+742NewHistory
ROKRockwell Automation, IncStock983$281.0K0.1%+983NewHistory
PHYSSprott Physical Gold TrustPHYSICAL GOLD TR20,010$286.5K0.1%00.0%UnchangedHistory
MPLXMPLX LPCOM UNIT REP LTD8,103$288.2K0.1%+35+0.4%AddedHistory
VanEck ETF Trust92189F486IG FLOA RATE ETF11,500$290.8K0.1%00.0%Unchanged–
BACBank of America CorpStock10,699$292.9K0.1%−27,161−71.7%ReducedHistory
LUVSouthwest Airlines CoCOM10,936$296.0K0.1%00.0%UnchangedHistory
HESHess CorpStock1,938$296.5K0.1%+13+0.7%AddedHistory
ALLYAlly Financial Inc.Stock11,205$298.9K0.1%00.0%UnchangedHistory
BHPBHP Group LtdADR5,346$304.1K0.1%00.0%UnchangedHistory
NVONovo Nordisk A SADR3,350$304.6K0.1%−1,770−34.6%ReducedConverted for a 2-for-1 splitHistory
AFLAflac IncStock4,024$308.8K0.1%00.0%UnchangedHistory
iShares Russell 2000 ETF464287655ETF1,794$317.1K0.1%−142−7.3%Reduced–
ADIAnalog Devices IncStock1,815$317.8K0.1%−840−31.6%ReducedHistory
iShares Russell Mid-Cap Growth ETF464287481ETF3,490$318.8K0.1%−327−8.6%Reduced–
RIVNRivian Automotive, Inc.Stock13,159$319.5K0.1%+13,159NewHistory
WPCW. P. Carey Inc.COM5,939$321.2K0.1%00.0%UnchangedHistory
EMREmerson Electric CoStock3,328$321.4K0.1%+3,328NewHistory
PLDPrologis, Inc.REIT2,895$324.8K0.1%−1,539−34.7%ReducedHistory
SPDR Series Trust78464A383ST STR BACKE ETF15,669$325.9K0.1%00.0%Unchanged–
NUENucor CorpCOM2,086$326.1K0.1%+26+1.3%AddedHistory
TRNTrinity Industries IncCOM13,456$327.7K0.1%−2,500−15.7%ReducedHistory
CCICrown Castle Inc.REIT3,570$328.5K0.1%−965−21.3%ReducedHistory
TGTTarget CorpStock3,013$333.1K0.1%+62+2.1%AddedHistory
PANWPalo Alto Networks IncStock1,441$337.8K0.1%+36+2.6%AddedHistory
CRMSalesforce, Inc.Stock1,683$341.3K0.1%+9+0.5%AddedHistory
GEHCGE HealthCare Technologies Inc.Stock5,070$345.0K0.1%−639−11.2%ReducedHistory
MELIMercadolibre IncCOM281$356.1K0.1%+3+1.1%AddedHistory
ARLPAlliance Resource Partners LPStock16,176$364.5K0.1%+60.0%AddedHistory
UNPUnion Pacific CorpStock1,854$377.5K0.1%−181−8.9%ReducedHistory
TMOThermo Fisher Scientific Inc.Stock747$378.0K0.1%+79+11.8%AddedHistory
Vanguard Morningstar Small-Cap ETF922908751ETF2,003$378.7K0.1%00.0%Unchanged–
Vanguard Morningstar Large-Cap ETF922908637ETF1,974$386.3K0.1%00.0%Unchanged–
Schwab International Equity ETF808524805ETF11,481$389.9K0.1%−1,410−10.9%Reduced–
CARRCarrier Global CorpStock7,146$394.5K0.1%−3,666−33.9%ReducedHistory
ISRGIntuitive Surgical IncCOM NEW1,360$397.5K0.1%+153+12.7%AddedHistory
LOWLowes Companies IncStock1,951$405.6K0.1%+288+17.3%AddedHistory
TTTrane Technologies plcSHS2,013$408.4K0.1%00.0%UnchangedHistory
GSGoldman Sachs Group IncStock1,293$418.4K0.1%−1,207−48.3%ReducedHistory
TELTE Connectivity plcREG SHS3,418$422.2K0.1%−2,666−43.8%ReducedHistory
iShares Core S&P 500 ETF464287200ETF1,017$436.7K0.1%+75+8.0%Added–
ENBEnbridge IncStock13,412$449.8K0.1%−307−2.2%ReducedHistory
iShares Tr464287150CORE S&P TTL STK5,141$484.2K0.1%00.0%Unchanged–
CSCOCisco Systems, Inc.Stock9,095$488.9K0.2%−5,133−36.1%ReducedHistory
IAUiShares Gold TrustETF14,039$491.2K0.2%−4,210−23.1%ReducedHistory
HPEHewlett Packard Enterprise CoCOM29,011$503.9K0.2%−26,110−47.4%ReducedHistory
GILDGilead Sciences, Inc.Stock6,791$508.9K0.2%−6,654−49.5%ReducedHistory
iShares Core MSCI Total International Stock ETF46432F834ETF8,675$520.4K0.2%+8,675New–
USPHU S Physical Therapy IncCOM5,754$527.8K0.2%+932+19.3%AddedHistory
MAMastercard IncStock1,363$539.7K0.2%−279−17.0%ReducedHistory
VNOMViper Energy, Inc.COM UNT RP INT19,560$545.3K0.2%−3,700−15.9%ReducedHistory
NVSNovartis AGADR5,368$546.8K0.2%−5,431−50.3%ReducedHistory
LMTLockheed Martin CorpStock1,337$546.9K0.2%−45−3.3%ReducedHistory
BKNGBooking Holdings Inc.Stock178$548.9K0.2%−165−48.1%ReducedHistory
NVDANVIDIA CorpStock1,269$551.8K0.2%−24−1.9%ReducedHistory
AMDAdvanced Micro Devices IncStock5,385$553.7K0.2%00.0%UnchangedHistory
QCOMQualcomm IncStock5,185$575.9K0.2%−1,087−17.3%ReducedHistory
HONHoneywell International IncCOM3,121$576.6K0.2%+68+2.2%AddedHistory
CICigna GroupStock2,033$581.6K0.2%+2,033NewHistory
RTXRTX CorpStock8,225$592.0K0.2%−9,576−53.8%ReducedHistory
iShares Tr464287630RUS 2000 VAL ETF4,401$596.6K0.2%+90+2.1%Added–
PXDPioneer Natural Resources CoCOM2,600$596.8K0.2%−383−12.8%ReducedHistory
ETRNMidstream Co LLCCOM64,047$600.1K0.2%+13,500+26.7%AddedHistory
ORCLOracle CorpStock5,833$617.8K0.2%−10.0%ReducedHistory

Sold out since Q2 2023 (23)

Positions held at the end of Q2 2023 that are gone from this filing.

Positions of True North Advisors, LLC sold out since Q2 2023
SecurityClassShares in Q2 2023Value in Q2 2023% of portfolio in Q2 2023History
Vanguard BD Index FDS92203C303VANGUARD ULTRA27,880$1.37M0.4%–
COFCapital One Financial CorpStock8,001$875.1K0.2%History
BNYBank of New York Mellon CorpStock17,673$786.8K0.2%History
MMPMagellan Midstream Partners, L.P.COM UNIT RP LP11,644$725.7K0.2%History
TMUST-Mobile US, Inc.Stock3,837$533.0K0.2%History
BMRNBiomarin Pharmaceutical IncCOM5,800$502.7K0.1%History
AZNAstraZeneca PLCSPONSORED ADR5,507$401.3K0.1%History
TRPTC Energy CorpCOM8,793$355.3K0.1%History
INVHInvitation Homes Inc.COM8,330$286.6K0.1%History
VTRVentas, Inc.REIT5,700$269.4K0.1%History
BKRBaker Hughes CoCL A8,334$263.4K0.1%History
NKENIKE, Inc.Stock2,382$262.9K0.1%History
iShares Core MSCI Eafe ETF46432F842ETF3,661$247.1K0.1%–
JNPRJuniper Networks IncCOM7,667$240.2K0.1%History
SRESempraStock1,642$239.1K0.1%History
ASMLASML Holding NVADR310$224.7K0.1%History
AMHAmerican Homes 4 RentCL A6,253$221.7K0.1%History
GISGeneral Mills IncStock2,792$214.1K0.1%History
MMM3M CoStock2,090$209.2K0.1%History
Vanguard Morningstar Value ETF922908744ETF1,441$204.8K0.1%–
SITCSITE Centers Corp.COM12,773$168.9K<0.1%History
AEGAegon Ltd.NY REGISTRY SHS20,834$105.6K<0.1%History
SNAXStryve Foods, Inc.common41,000$25.1K<0.1%History