True North Advisors, LLC
- SEC CIK
- 0001634556
- Latest filing
- Jul 22, 2026
Holdings in Q4 2025
Holdings as of Dec 31, 2025, filed Jan 22, 2026. Long positions only; changes compare share counts with Q3 2025.
- Positions
- 250
- +35 vs. Q3 2025
- Portfolio value
- $773.5M
- +$143.6M (+22.8%) vs. Q3 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| SPDR Series Trust78464A383 | ST STR BACKE ETF | 24,680 | $553.2K | 0.1% | +24,680 | New | – |
| GEHCGE HealthCare Technologies Inc. | Stock | 6,969 | $571.6K | 0.1% | −18−0.3% | Reduced | History |
| CSCOCisco Systems, Inc. | Stock | 7,444 | $573.4K | 0.1% | −5,404−42.1% | Reduced | History |
| MCDMcDonalds Corp | Stock | 1,900 | $580.8K | 0.1% | −803−29.7% | Reduced | History |
| AFLAflac Inc | Stock | 5,340 | $588.8K | 0.1% | +976+22.4% | Added | History |
| BXMTBlackstone Mortgage Trust, Inc. | COM CL A | 30,847 | $590.1K | 0.1% | −218−0.7% | Reduced | History |
| UNPUnion Pacific Corp | Stock | 2,645 | $611.8K | 0.1% | −116−4.2% | Reduced | History |
| TMOThermo Fisher Scientific Inc. | Stock | 1,061 | $614.8K | 0.1% | +117+12.4% | Added | History |
| AXPAmerican Express Co | Stock | 1,698 | $628.3K | 0.1% | −33−1.9% | Reduced | History |
| iShares Russell 2000 Growth ETF464287648 | ETF | 1,954 | $631.2K | 0.1% | +1,954 | New | – |
| CRMSalesforce, Inc. | Stock | 2,475 | $655.7K | 0.1% | −7,977−76.3% | Reduced | History |
| iShares MSCI Eafe ETF464287465 | ETF | 6,866 | $659.3K | 0.1% | +6,866 | New | – |
| PMPhilip Morris International Inc. | Stock | 4,134 | $663.1K | 0.1% | +384+10.2% | Added | History |
| LOWLowes Companies Inc | Stock | 2,766 | $667.1K | 0.1% | −52−1.8% | Reduced | History |
| MELIMercadolibre Inc | COM | 332 | $668.7K | 0.1% | +4+1.2% | Added | History |
| iShares Russell 2000 ETF464287655 | ETF | 2,752 | $677.3K | 0.1% | +64+2.4% | Added | – |
| HCAHCA Healthcare, Inc. | COM | 1,461 | $682.1K | 0.1% | +211+16.9% | Added | History |
| TJXTJX Companies Inc | Stock | 4,521 | $694.5K | 0.1% | −456−9.2% | Reduced | History |
| ADIAnalog Devices Inc | Stock | 2,596 | $704.1K | 0.1% | +16+0.6% | Added | History |
| KOCoca Cola Co | Stock | 10,394 | $726.6K | 0.1% | −263−2.5% | Reduced | History |
| VLOValero Energy Corp | Stock | 4,504 | $733.3K | 0.1% | +513+12.9% | Added | History |
| Vanguard Ftse All-World Ex-US Small-Cap ETF922042718 | ETF | 5,343 | $765.8K | 0.1% | +5,343 | New | – |
| DIASPDR Dow Jones Industrial Average ETF Trust | UT SER 1 | 1,605 | $771.1K | 0.1% | −504−23.9% | Reduced | History |
| Dimensional World Ex U.S. Core Equity 2 ETF25434V880 | ETF | 24,314 | $795.8K | 0.1% | +24,314 | New | – |
| Vanguard Morningstar Mid-Cap ETF922908629 | ETF | 2,747 | $797.2K | 0.1% | +2,747 | New | – |
| iShares MSCI USA Quality Factor ETF46432F339 | ETF | 4,057 | $805.8K | 0.1% | +171+4.4% | Added | – |
| HONHoneywell International Inc | COM | 4,238 | $826.8K | 0.1% | +678+19.0% | Added | History |
| PAASPan American Silver Corp | Stock | 15,980 | $827.9K | 0.1% | 00.0% | Unchanged | History |
| iShares Tr464287150 | CORE S&P TTL STK | 5,674 | $843.6K | 0.1% | +10.0% | Added | – |
| AAAUGoldman Sachs Physical Gold ETF | UNIT | 20,020 | $851.9K | 0.1% | 00.0% | Unchanged | History |
| Ssga Active ETF Tr78467V848 | ST STR TOTAL ETF | 21,439 | $862.9K | 0.1% | +14,961+231.0% | Added | – |
| Schwab US Aggregate Bond ETF808524839 | ETF | 37,336 | $872.5K | 0.1% | +37,336 | New | – |
| AMDAdvanced Micro Devices Inc | Stock | 4,077 | $873.1K | 0.1% | −15−0.4% | Reduced | History |
| TTTrane Technologies plc | SHS | 2,271 | $883.8K | 0.1% | +5+0.2% | Added | History |
| iShares Tr464287432 | 20 YR TR BD ETF | 10,360 | $903.0K | 0.1% | +1,303+14.4% | Added | – |
| Schwab Fundamental International Small Equity ETF808524748 | ETF | 21,339 | $950.7K | 0.1% | +21,339 | New | – |
| USPHU S Physical Therapy Inc | COM | 12,674 | $989.7K | 0.1% | +1,731+15.8% | Added | History |
| UNHUnitedHealth Group Inc | Stock | 3,067 | $1.01M | 0.1% | +745+32.1% | Added | History |
| PHYSSprott Physical Gold Trust | PHYSICAL GOLD TR | 30,659 | $1.01M | 0.1% | −3,959−11.4% | Reduced | History |
| QCOMQualcomm Inc | Stock | 6,038 | $1.03M | 0.1% | −69−1.1% | Reduced | History |
| iShares Tr464287622 | RUS 1000 ETF | 2,879 | $1.08M | 0.1% | −74−2.5% | Reduced | – |
| OSKOshkosh Corp | COM | 8,596 | $1.08M | 0.1% | −23−0.3% | Reduced | History |
| WMTWalmart Inc. | Stock | 9,825 | $1.09M | 0.1% | −3,555−26.6% | Reduced | History |
| APDAir Products & Chemicals, Inc. | Stock | 4,439 | $1.10M | 0.1% | +242+5.8% | Added | History |
| TSLATesla, Inc. | Stock | 2,442 | $1.10M | 0.1% | −2,300−48.5% | Reduced | History |
| RTXRTX Corp | Stock | 6,072 | $1.11M | 0.1% | +32+0.5% | Added | History |
| GSGoldman Sachs Group Inc | Stock | 1,271 | $1.12M | 0.1% | +666+110.1% | Added | History |
| DECKDeckers Outdoor Corp | COM | 10,880 | $1.13M | 0.1% | +474+4.6% | Added | History |
| HBANHuntington Bancshares Inc | COM | 65,510 | $1.14M | 0.1% | +39,343+150.4% | Added | History |
| PGProcter & Gamble Co | Stock | 7,960 | $1.14M | 0.1% | −309−3.7% | Reduced | History |
| ISRGIntuitive Surgical Inc | COM NEW | 2,019 | $1.14M | 0.1% | −319−13.6% | Reduced | History |
| Vanguard Morningstar Small-Cap Growth ETF922908595 | ETF | 3,810 | $1.15M | 0.1% | +3,810 | New | – |
| iShares Core S&P Small Cap ETF464287804 | ETF | 9,753 | $1.17M | 0.2% | +9,753 | New | – |
| MAMastercard Inc | Stock | 2,056 | $1.17M | 0.2% | +58+2.9% | Added | History |
| Vanguard Morningstar Large-Cap ETF922908637 | ETF | 3,729 | $1.17M | 0.2% | +3,729 | New | – |
| Vanguard Mortgage-Backed Securities ETF92206C771 | ETF | 25,166 | $1.18M | 0.2% | +25,166 | New | – |
| PEPPepsiCo Inc | Stock | 8,676 | $1.25M | 0.2% | +1,960+29.2% | Added | History |
| CEGConstellation Energy Corp | Stock | 3,587 | $1.27M | 0.2% | +3,587 | New | History |
| ASMLASML Holding NV | ADR | 1,229 | $1.31M | 0.2% | −17−1.4% | Reduced | History |
| RMDResmed Inc | COM | 5,481 | $1.32M | 0.2% | +285+5.5% | Added | History |
| PFEPfizer Inc | Stock | 53,614 | $1.33M | 0.2% | −10,380−16.2% | Reduced | History |
| ZTSZoetis Inc. | Stock | 10,638 | $1.34M | 0.2% | −785−6.9% | Reduced | History |
| Schwab U.S. Large-Cap Value ETF808524409 | ETF | 45,641 | $1.35M | 0.2% | +45,641 | New | – |
| Schwab Fundamental U.S. Small Company ETF808524763 | ETF | 43,832 | $1.38M | 0.2% | +43,832 | New | – |
| MRKMerck & Co., Inc. | Stock | 13,214 | $1.39M | 0.2% | +427+3.3% | Added | History |
| MSIMotorola Solutions, Inc. | Stock | 3,639 | $1.39M | 0.2% | +804+28.4% | Added | History |
| MUMicron Technology Inc | Stock | 4,888 | $1.40M | 0.2% | +102+2.1% | Added | History |
| KLACKLA Corp | COM NEW | 1,173 | $1.43M | 0.2% | +12+1.0% | Added | History |
| ALLEAllegion plc | ORD SHS | 9,107 | $1.45M | 0.2% | +135+1.5% | Added | History |
| LMTLockheed Martin Corp | Stock | 3,012 | $1.46M | 0.2% | +137+4.8% | Added | History |
| BRK.ABerkshire Hathaway Inc | CL A | 2 | $1.51M | 0.2% | 00.0% | Unchanged | History |
| State Street SPDR Portfolio Developed World Ex-US ETF78463X889 | ETF | 35,286 | $1.57M | 0.2% | +35,286 | New | – |
| NTAPNetApp, Inc. | Stock | 14,676 | $1.57M | 0.2% | −129−0.9% | Reduced | History |
| Schwab U.S. Large-Cap Growth ETF808524300 | ETF | 48,943 | $1.60M | 0.2% | +48,943 | New | – |
| ORCLOracle Corp | Stock | 8,305 | $1.62M | 0.2% | −1,110−11.8% | Reduced | History |
| CVXChevron Corp | Stock | 10,809 | $1.65M | 0.2% | −3,139−22.5% | Reduced | History |
| DDDuPont de Nemours, Inc. | COM | 41,167 | $1.65M | 0.2% | +69+0.2% | Added | History |
| QQnity Electronics, Inc. | COMMON STOCK | 20,544 | $1.68M | 0.2% | +20,544 | New | History |
| Vanguard Admiral FDS Inc921932828 | SMLLCP 600 IDX | 15,149 | $1.68M | 0.2% | +15,149 | New | – |
| Dimensional U.S. Targeted Value ETF25434V609 | ETF | 28,257 | $1.68M | 0.2% | 00.0% | Unchanged | – |
| iShares Russell 1000 Growth ETF464287614 | ETF | 3,607 | $1.71M | 0.2% | −8,418−70.0% | Reduced | – |
| State Street Energy Select Sector SPDR ETF81369Y506 | ETF | 38,400 | $1.72M | 0.2% | −1,150−2.9% | ReducedConverted for a 2-for-1 split | – |
| IBITiShares Bitcoin Trust ETF | ETF | 34,890 | $1.73M | 0.2% | −7,599−17.9% | Reduced | History |
| ETEnergy Transfer LP | COM UT LTD PTN | 106,640 | $1.76M | 0.2% | +8,653+8.8% | Added | History |
| TSCOTractor Supply Co | COM | 35,425 | $1.77M | 0.2% | +169+0.5% | Added | History |
| TXNTexas Instruments Inc | Stock | 10,632 | $1.84M | 0.2% | −758−6.7% | Reduced | History |
| PAYXPaychex Inc | Stock | 17,206 | $1.93M | 0.2% | +271+1.6% | Added | History |
| iShares Russell 1000 Value ETF464287598 | ETF | 9,192 | $1.93M | 0.2% | +313+3.5% | Added | – |
| NEENextera Energy Inc | Stock | 24,178 | $1.94M | 0.3% | +2,345+10.7% | Added | History |
| iShares Core S&P 500 ETF464287200 | ETF | 2,874 | $1.97M | 0.3% | +636+28.4% | Added | – |
| AMATApplied Materials Inc | Stock | 7,920 | $2.04M | 0.3% | +99+1.3% | Added | History |
| SHWSherwin Williams Co | COM | 6,304 | $2.04M | 0.3% | +47+0.8% | Added | History |
| DHIHorton D R Inc | COM | 14,390 | $2.07M | 0.3% | −136−0.9% | Reduced | History |
| JNJJohnson & Johnson | Stock | 10,043 | $2.08M | 0.3% | +115+1.2% | Added | History |
| Schwab International Equity ETF808524805 | ETF | 93,415 | $2.25M | 0.3% | +93,415 | New | – |
| ADBEAdobe Inc. | Stock | 6,493 | $2.27M | 0.3% | +4,874+301.1% | Added | History |
| DOWDow Inc. | Stock | 97,610 | $2.28M | 0.3% | +330+0.3% | Added | History |
| KRKroger Co | Stock | 37,489 | $2.34M | 0.3% | +1,467+4.1% | Added | History |
| ABTAbbott Laboratories | Stock | 19,625 | $2.46M | 0.3% | +425+2.2% | Added | History |
| ALLAllstate Corp | Stock | 11,919 | $2.48M | 0.3% | +173+1.5% | Added | History |
Sold out since Q3 2025 (26)
Positions held at the end of Q3 2025 that are gone from this filing.
| Security | Class | Shares in Q3 2025 | Value in Q3 2025 | % of portfolio in Q3 2025 | History |
|---|---|---|---|---|---|
| iShares U.S. Treasury Bond ETF46429B267 | ETF | 365,418 | $8.45M | 1.3% | – |
| KMXCarMax Inc | COM | 123,742 | $5.55M | 0.9% | History |
| ACVAACV Auctions Inc. | COM CL A | 92,270 | $914.4K | 0.1% | History |
| TMToyota Motor Corp | ADS | 4,731 | $904.0K | 0.1% | History |
| VBTXVeritex Holdings, Inc. | COM | 20,133 | $675.1K | 0.1% | History |
| TAT&T Inc. | Stock | 23,785 | $671.7K | 0.1% | History |
| SBUXStarbucks Corp | Stock | 7,325 | $619.7K | 0.1% | History |
| GILDGilead Sciences, Inc. | Stock | 5,565 | $617.7K | 0.1% | History |
| BMYBristol Myers Squibb Co | Stock | 12,530 | $565.1K | 0.1% | History |
| VZVerizon Communications Inc | Stock | 11,502 | $505.5K | 0.1% | History |
| iShares Russell Mid-Cap Growth ETF464287481 | ETF | 3,180 | $452.9K | 0.1% | – |
| MDTMedtronic plc | Stock | 4,106 | $391.0K | 0.1% | History |
| ALLYAlly Financial Inc. | Stock | 9,694 | $380.0K | 0.1% | History |
| SBACSba Communications Corp | CL A | 1,753 | $338.9K | 0.1% | History |
| FANGDiamondback Energy, Inc. | Stock | 2,045 | $292.6K | <0.1% | History |
| CVSCVS Health Corp | Stock | 3,819 | $287.9K | <0.1% | History |
| Victory Portfolios II92647N535 | SHORT TRM BD ETF | 5,074 | $258.7K | <0.1% | – |
| AWKAmerican Water Works Company, Inc. | Stock | 1,747 | $243.2K | <0.1% | History |
| KMIKinder Morgan, Inc. | Stock | 8,432 | $238.7K | <0.1% | History |
| DEDeere & Co | Stock | 493 | $225.4K | <0.1% | History |
| UBERUber Technologies, Inc | Stock | 2,275 | $222.9K | <0.1% | History |
| REXRRexford Industrial Realty, Inc. | COM | 5,203 | $213.9K | <0.1% | History |
| POOLPool Corp | COM | 671 | $208.1K | <0.1% | History |
| OGNOrganon & Co. | Stock | 14,772 | $157.8K | <0.1% | History |
| ERICEricsson LM Telephone Co | ADR B SEK 10 | 11,633 | $96.2K | <0.1% | History |
| CHMICherry Hill Mortgage Investment Corp | COM | 10,100 | $24.1K | <0.1% | History |