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Livermore
Livermore
ZHEN

True North Advisors, LLC

SEC CIK
0001634556
Latest filing
Jul 22, 2026

Holdings in Q4 2023

Holdings as of Dec 31, 2023, filed Jan 22, 2024. Long positions only; changes compare share counts with Q3 2023.

Institution overview
Positions
189
−3 vs. Q3 2023
Portfolio value
$389.4M
+$64.8M (+20.0%) vs. Q3 2023
Filed
Jan 22, 2024
SEC
Holdings of True North Advisors, LLC in Q4 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
UNHUnitedHealth Group IncStock1,162$611.8K0.2%−2,300−66.4%ReducedHistory
Schwab Fundamental International Small Equity ETF808524748ETF18,409$641.7K0.2%−3,555−16.2%Reduced–
HONHoneywell International IncCOM3,068$643.4K0.2%−53−1.7%ReducedHistory
MAMastercard IncStock1,515$646.3K0.2%+152+11.2%AddedHistory
OKEONEOK IncCOM9,457$664.1K0.2%+9,457NewHistory
iShares Tr464287630RUS 2000 VAL ETF4,401$683.6K0.2%00.0%Unchanged–
NVDANVIDIA CorpStock1,388$687.4K0.2%+119+9.4%AddedHistory
TRGPTarga Resources Corp.COM7,997$694.7K0.2%00.0%UnchangedHistory
SUSuncor Energy IncStock22,166$710.2K0.2%+1,655+8.1%AddedHistory
Schwab US Aggregate Bond ETF808524839ETF15,623$728.4K0.2%−6,210−28.4%Reduced–
LNGCheniere Energy, Inc.COM NEW4,277$730.1K0.2%00.0%UnchangedHistory
VLOValero Energy CorpStock5,630$731.8K0.2%−1,245−18.1%ReducedHistory
QCOMQualcomm IncStock5,062$732.2K0.2%−123−2.4%ReducedHistory
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 12,053$773.8K0.2%+5+0.2%AddedHistory
KOCoca Cola CoStock13,173$776.3K0.2%−613−4.4%ReducedHistory
PEPPepsiCo IncStock4,573$776.7K0.2%−324−6.6%ReducedHistory
ADBEAdobe Inc.Stock1,317$785.5K0.2%−22−1.6%ReducedHistory
DEODiageo PLCSPON ADR NEW5,495$800.4K0.2%−144−2.6%ReducedHistory
METAMeta Platforms, Inc.Stock2,268$802.8K0.2%−160−6.6%ReducedHistory
KMIKinder Morgan, Inc.Stock46,175$814.5K0.2%+5,790+14.3%AddedHistory
ETRNMidstream Co LLCCOM80,047$814.9K0.2%+16,000+25.0%AddedHistory
WYNNWynn Resorts LtdCOM9,000$820.0K0.2%00.0%UnchangedHistory
Schwab U.S. Large-Cap ETF808524201ETF14,654$826.5K0.2%−3,536−19.4%Reduced–
DISWalt Disney CoStock9,657$872.0K0.2%−988−9.3%ReducedHistory
PGProcter & Gamble CoStock6,109$895.2K0.2%−404−6.2%ReducedHistory
SLBSLB LimitedStock17,427$906.9K0.2%+20+0.1%AddedHistory
AMDAdvanced Micro Devices IncStock6,312$930.5K0.2%+927+17.2%AddedHistory
CVECenovus Energy Inc.COM56,700$944.1K0.2%−2,017−3.4%ReducedHistory
PBAPembina Pipeline CorpCOM28,100$967.2K0.2%+4,400+18.6%AddedHistory
Invesco QQQ Trust Series I46090E103ETF2,427$993.7K0.3%+12+0.5%Added–
CBRECbre Group, Inc.CL A10,767$1.00M0.3%−2,150−16.6%ReducedHistory
FISVFiserv IncStock7,558$1.00M0.3%−7,500−49.8%ReducedHistory
ABBVAbbVie Inc.Stock6,511$1.01M0.3%−169−2.5%ReducedHistory
HDHome Depot, Inc.Stock2,958$1.03M0.3%+146+5.2%AddedHistory
ACVAACV Auctions Inc.COM CL A68,127$1.03M0.3%00.0%UnchangedHistory
JPMJPMorgan Chase & CoStock6,141$1.04M0.3%−7,508−55.0%ReducedHistory
PSXPhillips 66Stock8,044$1.07M0.3%−21−0.3%ReducedHistory
TSLATesla, Inc.Stock4,373$1.09M0.3%+1,792+69.4%AddedHistory
Vanguard Morningstar Total Stock Market ETF922908769ETF4,613$1.09M0.3%+1,675+57.0%Added–
iShares Russell 2000 Growth ETF464287648ETF4,375$1.10M0.3%00.0%Unchanged–
MRKMerck & Co., Inc.Stock10,917$1.19M0.3%−3,703−25.3%ReducedHistory
SGOLabrdn Gold ETF TrustETF65,309$1.29M0.3%+2,900+4.6%AddedHistory
iShares Russell 1000 Value ETF464287598ETF8,050$1.33M0.3%00.0%Unchanged–
APDAir Products & Chemicals, Inc.Stock4,894$1.34M0.3%−350−6.7%ReducedHistory
VVisa Inc.Stock5,327$1.39M0.4%−116−2.1%ReducedHistory
Schwab Fundamental U.S. Small Company ETF808524763ETF25,194$1.39M0.4%−3,095−10.9%Reduced–
CLColgate Palmolive CoStock18,044$1.44M0.4%−20−0.1%ReducedHistory
WMTWalmart Inc.Stock9,374$1.48M0.4%−81−0.9%ReducedHistory
PFEPfizer IncStock54,002$1.55M0.4%+423+0.8%AddedHistory
CVXChevron CorpStock10,678$1.59M0.4%−3,880−26.7%ReducedHistory
ABTAbbott LaboratoriesStock14,746$1.62M0.4%−845−5.4%ReducedHistory
CATCaterpillar IncStock5,497$1.63M0.4%+10.0%AddedHistory
COPConocoPhillipsStock14,048$1.63M0.4%−6,104−30.3%ReducedHistory
GEGeneral Electric CoStock13,566$1.73M0.4%−1,674−11.0%ReducedHistory
KMXCarMax IncCOM22,709$1.74M0.4%+9,420+70.9%AddedHistory
TXNTexas Instruments IncStock10,399$1.77M0.5%−49−0.5%ReducedHistory
FASTFastenal CoStock29,856$1.93M0.5%+29+0.1%AddedHistory
Schwab U.S. Large-Cap Growth ETF808524300ETF24,022$1.99M0.5%+4,998+26.3%Added–
CUBECubeSmartREIT44,978$2.08M0.5%−903−2.0%ReducedHistory
iShares Tr464288612INTRM GOV CR ETF19,909$2.09M0.5%+19,909New–
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF65,762$2.24M0.6%−8,035−10.9%Reduced–
MLMMartin Marietta Materials IncCOM4,606$2.30M0.6%+10.0%AddedHistory
Schwab Fundamental U.S. Large Company ETF808524771ETF37,296$2.31M0.6%−2,372−6.0%Reduced–
WYWeyerhaeuser CoCOM NEW68,007$2.36M0.6%−184−0.3%ReducedHistory
JNJJohnson & JohnsonStock15,511$2.43M0.6%−2,558−14.2%ReducedHistory
LLYEli Lilly & CoStock4,291$2.50M0.6%−114−2.6%ReducedHistory
Schwab Fundamental International Equity ETF808524755ETF75,565$2.55M0.7%+9,358+14.1%Added–
Schwab U.S. Large-Cap Value ETF808524409ETF36,450$2.56M0.7%+3,164+9.5%Added–
BXBlackstone Inc.COM20,981$2.75M0.7%−904−4.1%ReducedHistory
AMZNAmazon Com IncStock18,296$2.78M0.7%+1,381+8.2%AddedHistory
CTVACorteva, Inc.Stock59,348$2.84M0.7%−13,516−18.5%ReducedHistory
APOApollo Global Management, Inc.COM31,125$2.90M0.7%+31,125NewHistory
PCHPotlatchdeltic CorpCOM62,468$3.07M0.8%00.0%UnchangedHistory
XOMExxonMobil Holdings CorpCOM33,227$3.32M0.9%−585−1.7%ReducedHistory
COSTCostco Wholesale CorpStock5,901$3.89M1.0%+53+0.9%AddedHistory
SPYSPDR S&P 500 ETF TrustETF9,821$4.67M1.2%−89−0.9%ReducedHistory
GOOGLAlphabet Inc.Stock35,074$4.90M1.3%−1,195−3.3%ReducedHistory
iShares Russell 1000 Growth ETF464287614ETF16,724$5.07M1.3%−183−1.1%Reduced–
DDDuPont de Nemours, Inc.COM67,972$5.23M1.3%−1,414−2.0%ReducedHistory
DOWDow Inc.Stock99,210$5.44M1.4%−315−0.3%ReducedHistory
BABoeing CoStock23,664$6.17M1.6%−68−0.3%ReducedHistory
SPDR Series Trust78464A383ST STR BACKE ETF329,486$7.27M1.9%+313,817+2,002.8%Added–
GOOGAlphabet Inc.Stock55,938$7.88M2.0%+1,065+1.9%AddedHistory
MSFTMicrosoft CorpStock25,715$9.67M2.5%−2,063−7.4%ReducedHistory
Ssga Active ETF Tr78467V848ST STR TOTAL ETF548,370$22.1M5.7%+495,319+933.7%Added–
AAPLApple Inc.Stock135,389$26.1M6.7%−3,175−2.3%ReducedHistory
Schwab Intermediate-Term US Treasury ETF808524854ETF538,618$26.8M6.9%+538,618New–
BRK.BBerkshire Hathaway IncStock92,001$32.8M8.4%−1,611−1.7%ReducedHistory
LIILennox International IncCOM192,264$86.0M22.1%00.0%UnchangedHistory

Sold out since Q3 2023 (30)

Positions held at the end of Q3 2023 that are gone from this filing.

Positions of True North Advisors, LLC sold out since Q3 2023
SecurityClassShares in Q3 2023Value in Q3 2023% of portfolio in Q3 2023History
MKLMarkel Group Inc.COM1,817$2.68M0.8%History
ETEnergy Transfer LPCOM UT LTD PTN181,624$2.55M0.8%History
FDXFedEx CorpStock8,187$2.17M0.7%History
AVGOBroadcom Inc.Stock1,409$1.17M0.4%History
PAGPPlains GP Holdings LPLTD PARTNR INT A69,503$1.12M0.3%History
BRK.ABerkshire Hathaway IncCL A2$1.06M0.3%History
ACNAccenture plcStock3,165$972.0K0.3%History
WMBWilliams Companies, Inc.COM23,935$806.4K0.2%History
WESWestern Midstream Partners, LPCOM UNIT LP INT25,542$695.5K0.2%History
HPQHP IncStock24,979$642.0K0.2%History
CICigna GroupStock2,033$581.6K0.2%History
BKNGBooking Holdings Inc.Stock178$548.9K0.2%History
NVSNovartis AGADR5,368$546.8K0.2%History
VNOMViper Energy, Inc.COM UNT RP INT19,560$545.3K0.2%History
GILDGilead Sciences, Inc.Stock6,791$508.9K0.2%History
HPEHewlett Packard Enterprise CoCOM29,011$503.9K0.2%History
TELTE Connectivity plcREG SHS3,418$422.2K0.1%History
GSGoldman Sachs Group IncStock1,293$418.4K0.1%History
ARLPAlliance Resource Partners LPStock16,176$364.5K0.1%History
CCICrown Castle Inc.REIT3,570$328.5K0.1%History
ADIAnalog Devices IncStock1,815$317.8K0.1%History
BHPBHP Group LtdADR5,346$304.1K0.1%History
MPLXMPLX LPCOM UNIT REP LTD8,103$288.2K0.1%History
ROKRockwell Automation, IncStock983$281.0K0.1%History
LINLinde PLCStock742$276.3K0.1%History
BSMBlack Stone Minerals, L.P.COM UNIT15,545$267.8K0.1%History
Schwab Fundamental Emerging Markets Equity ETF808524730ETF9,918$260.0K0.1%–
WFCWells Fargo & CompanyStock6,191$253.0K0.1%History
EQIXEquinix IncCOM345$250.6K0.1%History
Corenergy Infrastructure Tr21870UAC0NOTE 5.875% 8/1–$40.9K<0.1%–