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TNA
True North Advisors Portfolio holdings
AUM
$1.05B
1-Year Est. Return
22.99%
This Fund
S&P 500
This Quarter
Est. Return
-0.94%
1 Year Est. Return
+22.99%
3 Year Est. Return
+86.85%
5 Year Est. Return
+121.39%
10 Year Est. Return
–
AUM
$564M
AUM Growth
+$140M
(+33%)
Cap. Flow
+$152M
Cap. Flow
% of AUM
26.98%
Top 10 Holdings %
Top 10 Hldgs %
46.34%
Holding
253
New
68
Increased
62
Reduced
66
Closed
10
Avg Time Held
6.9
quarters
Top 10 Avg Time Held
7.5
quarters
Top 20 Avg Time Held
4.7
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Small-Cap ETF
VB
|
+$19.9M |
| 2 |
Janus Henderson Mortgage-Backed Securities ETF
JMBS
|
+$17.2M |
| 3 |
iShares US Treasury Bond ETF
GOVT
|
+$15.7M |
| 4 |
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
|
+$11.1M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$7.11M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lennox International
LII
|
+$2.34M |
| 2 |
iShares 10-20 Year Treasury Bond ETF
TLH
|
+$2.23M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$1.95M |
| 4 |
State Street DoubleLine Total Return Tactical ETF
TOTL
|
+$1.05M |
| 5 |
Broadcom
AVGO
|
+$1.01M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 26.87% |
| 2 | Industrials | 21.58% |
| 3 | Financials | 14.6% |
| 4 | Technology | 12.09% |
| 5 | Healthcare | 4.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Lennox International
LII
$12.1B
| $102M | 18.02% |
181,219
-3,862
| -2% | -$2.34M |
2023 Q1
8 quarters
|
|
|
2
Berkshire Hathaway Class B
BRK.B
$1.11T
| $44.2M | 7.83% |
82,982
-4,010
| -5% | -$1.95M |
2019 Q4
21 quarters
|
|
3
Apple
AAPL
$4.98T
| $24.1M | 4.27% |
108,353
+2,094
| +2% | +$485K |
2019 Q4
21 quarters
|
|
|
4
Vanguard Morningstar Small-Cap ETF
VB
$77.9B
| $18.5M | 3.27% |
+83,262
| New | +$19.9M |
2025 Q1
0 quarters
|
|
|
5
Janus Henderson Mortgage-Backed Securities ETF
JMBS
$6.29B
| $17.5M | 3.1% |
+386,452
| New | +$17.2M |
2025 Q1
0 quarters
|
|
|
6
iShares US Treasury Bond ETF
GOVT
$41.8B
| $16M | 2.83% |
+694,311
| New | +$15.7M |
2025 Q1
0 quarters
|
|
|
7
PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
CORP
$1.34B
| $11.2M | 1.99% |
+115,841
| New | +$11.1M |
2025 Q1
0 quarters
|
|
8
Microsoft
MSFT
$4.04T
| $11.1M | 1.97% |
29,590
-2,056
| -6% | -$838K |
2019 Q4
21 quarters
|
|
9
Costco
COST
$423B
| $8.86M | 1.57% |
9,366
-753
| -7% | -$734K |
2020 Q4
17 quarters
|
|
10
ExxonMobil
XOM
$716B
| $8.46M | 1.5% |
71,119
+19,984
| +39% | +$2.21M |
2019 Q4
21 quarters
|
|
11
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.21B
| $6.74M | 1.2% |
+130,787
| New | +$6.78M |
2025 Q1
0 quarters
|
|
12
Schwab US Large- Cap ETF
SCHX
$75.2B
| $6.65M | 1.18% |
+301,098
| New | +$7.01M |
2025 Q1
0 quarters
|
|
|
13
Alphabet (Google) Class C
GOOG
$4.27T
| $6.07M | 1.08% |
+38,822
| New | +$7.11M |
2025 Q1
0 quarters
|
|
14
Fastenal
FAST
$59B
| $5.87M | 1.04% |
151,338
-912
| -0.6% | -$34.2K |
2019 Q4
21 quarters
|
|
15
Amazon
AMZN
$2.79T
| $5.7M | 1.01% |
29,963
-3,004
| -9% | -$652K |
2019 Q4
21 quarters
|
|
16
Visa
V
$744B
| $5.67M | 1.01% |
16,178
-1,398
| -8% | -$473K |
2019 Q4
21 quarters
|
|
17
Enterprise Products Partners
EPD
$77.8B
| $5.17M | 0.92% |
+151,301
| New | +$5.04M |
2025 Q1
0 quarters
|
|
18
iShares Russell 1000 Growth ETF
IWF
$130B
| $5.13M | 0.91% |
+56,876
| New | +$5.61M |
2025 Q1
0 quarters
|
|
19
JPMorgan Chase
JPM
$880B
| $5.07M | 0.9% |
20,659
-2,344
| -10% | -$598K |
2019 Q4
21 quarters
|
|
20
AbbVie
ABBV
$485B
| $4.96M | 0.88% |
23,693
-2,362
| -9% | -$459K |
2022 Q2
11 quarters
|
|
21
GE Aerospace
GE
$319B
| $4.94M | 0.88% |
24,706
+157
| +0.6% | +$30.9K |
2022 Q4
9 quarters
|
|
|
22
Broadcom
AVGO
$1.71T
| $4.66M | 0.83% |
27,857
-4,769
| -15% | -$1.01M |
2024 Q1
4 quarters
|
|
23
Texas Pacific Land
TPL
$25.5B
| $4.66M | 0.83% |
10,542
-1,665
| -14% | -$742K |
2024 Q2
3 quarters
|
|
24
Alphabet (Google) Class A
GOOGL
$4.33T
| $4.6M | 0.82% |
+29,749
| New | +$5.4M |
2025 Q1
0 quarters
|
|
25
Nuveen Municipal Value Fund
NUV
$1.74B
| $4.48M | 0.79% |
+510,777
| New | +$4.48M |
2025 Q1
0 quarters
|
|
Similar funds
MFS
SSG
SFBLI
AWM
PWA
PWPS
CFA
GKFF
True North Advisors's Q1 2025 Portfolio in Review
As of Q1 2025, True North Advisors held 253 positions worth $564M, up 33% from $424M the previous quarter. Its ten largest holdings account for 46% of the portfolio.
True North Advisors deployed $152M of net new capital in Q1 2025, opening 68 new positions and adding to 62 existing holdings. Its largest new stake was Vanguard Morningstar Small-Cap ETF: 83,262 shares worth $18.5M.
By sector, the portfolio is most concentrated in Miscellaneous at 27% of assets, up from 8.1% a quarter earlier, followed by Industrials and Financials.
On the sell side, the largest reduction was Lennox International, an estimated $2.34M trimmed.
- True North Advisors's largest Q1 2025 buy was Vanguard Morningstar Small-Cap ETF: 83,262 shares worth $18.5M.
- True North Advisors added most to ExxonMobil in Q1 2025, an estimated $2.21M increase.
- True North Advisors's biggest Q1 2025 reduction was Lennox International, cutting an estimated $2.34M.
- True North Advisors fully exited iShares 10-20 Year Treasury Bond ETF in Q1 2025, selling an estimated $2.23M.
- True North Advisors's ten largest holdings make up 46% of its $564M portfolio in Q1 2025.
- True North Advisors opened 68 new positions and closed 10 in Q1 2025.
- True North Advisors's portfolio value rose 33% quarter-over-quarter to $564M.
Based on True North Advisors's 13F filing for Q1 2025, filed 12 May 2025.