True North Advisors

Dallas, TXfiles as True North Advisors, LLC

$1.0bn in 291 US stocks at the end of 30 June 2026. The top 10 are 43.0% of the money. It changed about 11.7% of the portfolio this quarter.

Value

$1.0bn

Stocks

291

Top 10 share

43.0%

Turnover

11.7%

What changed this quarter

New

Bought for the first time this quarter.

AlphabetGOOGL
3.1% of the fund
Ishares Gold TRIAU
0.6% of the fund
Pimco ETF TRMINO
0.6% of the fund
Enterprise Products Partners L.P.EPD
0.5% of the fund
Texas Pacific LandTPL
0.4% of the fund
American Centy ETF TRAVUV
0.4% of the fund
Etfs Gold TRSGOL
0.3% of the fund
Energy Transfer L PET
0.2% of the fund
Apollo Global ManagementAPO
0.2% of the fund
DuPont de NemoursDD
0.2% of the fund
BlackstoneBX
0.2% of the fund
Blackstone Mortgage TrustBXMT
0.1% of the fund
Schwab Strategic TRFNDA
<0.1% of the fund
Sprott Asset Management LPPHYS
<0.1% of the fund
International SeawaysINSW
<0.1% of the fund
EquinixEQIX
<0.1% of the fund
Eaton Vance TAX Advt DIVXEVTX
<0.1% of the fund
PAN American SilverPAAS
<0.1% of the fund
LindeLIN
<0.1% of the fund
Pony AIPONY
<0.1% of the fund
PrologisPLD
<0.1% of the fund
Mplx LPMPLX
<0.1% of the fund
Honeywell AerospaceHONA
<0.1% of the fund
Pimco ETF TRMINT
<0.1% of the fund
Vanguard World FDESGV
<0.1% of the fund

Added

Bought more of a stock they already held.

Schwab Strategic TRFNDX
6.4% of the fund
+3%
American Centy ETF TRAVDS
3.2% of the fund
+10%
NvidiaNVDA
2.6% of the fund
+5%
Vanguard Tax-Managed FDSVEA
2.2% of the fund
+10%
American Centy ETF TRAVEM
1.4% of the fund
+45%
Invesco Exchange Traded FD TRSP
1.3% of the fund
+9%
American Centy ETF TRAVDE
1.0% of the fund
+71%
American Centy ETF TRAVDV
0.9% of the fund
+3%
Micron TechnologyMU
0.7% of the fund
+12%
EA Series TrustRAUS
0.4% of the fund
+229%
Ishares TRIJR
0.4% of the fund
+4%
Neos ETF TrustCSHI
0.3% of the fund
+59%
AdobeADBE
0.2% of the fund
+34%
Uber TechnologiesUBER
0.1% of the fund
+549%
ZoetisZTS
0.1% of the fund
+82%
PfizerPFE
0.1% of the fund
+4%
Trane TechnologiesTT
0.1% of the fund
+3%
U S Physical TherapyUSPH
0.1% of the fund
+12%
Palo Alto NetworksPANW
0.1% of the fund
+8%
Ishares TRITOT
<0.1% of the fund
+7%
Valero EnergyVLO
<0.1% of the fund
+7%
Intuitive SurgicalISRG
<0.1% of the fund
+4%
Constellation EnergyCEG
<0.1% of the fund
+10%
Ishares TRTLT
<0.1% of the fund
+3%
Taiwan Semiconductor ManufacturingTSM
<0.1% of the fund
+2%

Cut

Sold some of their stake.

Lennox InternationalLII
8.8% of the fund
-3%
State STR Spdr S&P 500 ETF TSPY
3.0% of the fund
-14%
Berkshire HathawayBRK-B
2.4% of the fund
-14%
J P Morgan Exchange Traded FJPIE
2.2% of the fund
-6%
Pimco ETF TRPYLD
1.8% of the fund
-6%
TCW ETF TrustFLXR
1.8% of the fund
-5%
Janus Detroit STR TRJMBS
1.0% of the fund
-2%
Meta PlatformsMETA
0.9% of the fund
-6%
ExxonMobil HoldingsXOM
0.7% of the fund
-8%
Vanguard Index FDSVTI
0.7% of the fund
-4%
Invesco QQQ TRQQQ
0.6% of the fund
-9%
FastenalFAST
0.6% of the fund
-2%
Lam ResearchLRCX
0.6% of the fund
-9%
JPMorgan ChaseJPM
0.6% of the fund
-9%
Applied MaterialsAMAT
0.5% of the fund
-9%
AbbVieABBV
0.4% of the fund
-16%
Vanguard Scottsdale FDSVGLT
0.4% of the fund
-7%
AmphenolAPH
0.4% of the fund
-6%
Eli LillyLLY
0.4% of the fund
-5%
Schwab Strategic TRFNDF
0.3% of the fund
-5%
Home DepotHD
0.3% of the fund
-6%
KLAKLAC
0.3% of the fund
-8%
StrykerSYK
0.2% of the fund
-13%
Morgan StanleyMS
0.2% of the fund
-47%
ChevronCVX
0.2% of the fund
-5%

Sold out

Sold their entire stake.

J P Morgan Exchange Traded FJEPI
-100%
DuPont de NemoursDD
-100%
Tractor SupplyTSCO
-100%
Honeywell InternationalHON
-100%
Ishares TRIGSB
-100%
SLB LimitedSLB
-100%
Ishares TRIYW
-100%
State STR Spdr S&P Midcap 40MDY
-100%
DoverDOV
-100%
IntuitINTU
-100%
Vanguard Scottsdale FDSVCIT
-100%
DeereDE
-100%
CumminsCMI
-100%
Marathon PetroleumMPC
-100%
DanaherDHR
-100%
AT&TT
-100%
Alibaba Group HldgBABA
-100%

Holdings

Lennox InternationalLII
Share
8.8%
Value
$92m
Shares
161,110
-3%
AppleAAPL
Share
8.3%
Value
$87m
Shares
300,395
Held
Schwab Strategic TRFNDX
Share
6.4%
Value
$67m
Shares
2,140,879
+3%
American Centy ETF TRAVDS
Share
3.2%
Value
$34m
Shares
449,544
+10%
AlphabetGOOGL
Share
3.1%
Value
$33m
Shares
92,303
New
Amazon.comAMZN
Share
3.0%
Value
$32m
Shares
132,550
Held
State STR Spdr S&P 500 ETF TSPY
Share
3.0%
Value
$31m
Shares
41,616
-14%
NvidiaNVDA
Share
2.6%
Value
$28m
Shares
138,090
+5%
Berkshire HathawayBRK-B
Share
2.4%
Value
$25m
Shares
49,257
-14%
Vanguard Tax-Managed FDSVEA
Share
2.2%
Value
$23m
Shares
316,111
+10%
J P Morgan Exchange Traded FJPIE
Share
2.2%
Value
$22m
Shares
488,499
-6%
Pimco ETF TRPYLD
Share
1.8%
Value
$19m
Shares
720,470
-6%
TCW ETF TrustFLXR
Share
1.8%
Value
$19m
Shares
484,709
-5%
Vanguard Index FDSVB
Share
1.8%
Value
$19m
Shares
61,751
Held
Bank of AmericaBAC
Share
1.4%
Value
$15m
Shares
264,025
Held
Schwab Strategic TRSCHB
Share
1.4%
Value
$15m
Shares
511,653
Held
American Centy ETF TRAVEM
Share
1.4%
Value
$15m
Shares
151,215
+45%
MicrosoftMSFT
Share
1.4%
Value
$15m
Shares
39,011
Held
Invesco Exchange Traded FD TRSP
Share
1.3%
Value
$14m
Shares
64,882
+9%
Ishares TRIDEV
Share
1.2%
Value
$13m
Shares
146,012
Held
J P Morgan Exchange Traded FJQUA
Share
1.2%
Value
$12m
Shares
167,310
Held
American Centy ETF TRAVDE
Share
1.0%
Value
$11m
Shares
119,722
+71%
Costco WholesaleCOST
Share
1.0%
Value
$10m
Shares
10,770
Held
Janus Detroit STR TRJMBS
Share
1.0%
Value
$10m
Shares
221,276
-2%
Meta PlatformsMETA
Share
0.9%
Value
$10m
Shares
17,631
-6%
American Centy ETF TRAVDV
Share
0.9%
Value
$10m
Shares
95,704
+3%
BroadcomAVGO
Share
0.9%
Value
$9m
Shares
24,728
Held
Ishares TRGOVT
Share
0.8%
Value
$8m
Shares
359,346
Held
General ElectricGE
Share
0.8%
Value
$8m
Shares
21,692
Held
ExxonMobil HoldingsXOM
Share
0.7%
Value
$8m
Shares
56,322
-8%
Vanguard Index FDSVTI
Share
0.7%
Value
$7m
Shares
19,739
-4%
Micron TechnologyMU
Share
0.7%
Value
$7m
Shares
6,279
+12%
VisaV
Share
0.6%
Value
$7m
Shares
19,506
Held
Ishares Gold TRIAU
Share
0.6%
Value
$7m
Shares
87,616
New
Invesco QQQ TRQQQ
Share
0.6%
Value
$7m
Shares
8,914
-9%
Pimco ETF TRMUNI
Share
0.6%
Value
$7m
Shares
123,925
Held
FastenalFAST
Share
0.6%
Value
$6m
Shares
135,216
-2%
Pimco ETF TRMINO
Share
0.6%
Value
$6m
Shares
140,914
New
Schwab Strategic TRSCHX
Share
0.6%
Value
$6m
Shares
216,573
Held
Lam ResearchLRCX
Share
0.6%
Value
$6m
Shares
14,675
-9%
GE VernovaGEV
Share
0.6%
Value
$6m
Shares
5,276
Held
JPMorgan ChaseJPM
Share
0.6%
Value
$6m
Shares
17,701
-9%
Enterprise Products Partners L.P.EPD
Share
0.5%
Value
$6m
Shares
150,184
New
CaterpillarCAT
Share
0.5%
Value
$5m
Shares
5,142
Held
CortevaCTVA
Share
0.5%
Value
$5m
Shares
60,477
Held
Applied MaterialsAMAT
Share
0.5%
Value
$5m
Shares
6,947
-9%
Pimco ETF TRCORP
Share
0.5%
Value
$5m
Shares
50,239
Held
CarMaxKMX
Share
0.4%
Value
$5m
Shares
86,454
Held
Texas Pacific LandTPL
Share
0.4%
Value
$4m
Shares
9,463
New
AbbVieABBV
Share
0.4%
Value
$4m
Shares
15,735
-16%
EA Series TrustRAUS
Share
0.4%
Value
$4m
Shares
134,958
+229%
Vanguard Scottsdale FDSVGLT
Share
0.4%
Value
$4m
Shares
71,287
-7%
Ishares TRIJR
Share
0.4%
Value
$4m
Shares
26,006
+4%
American Centy ETF TRAVUV
Share
0.4%
Value
$4m
Shares
30,570
New
AmphenolAPH
Share
0.4%
Value
$4m
Shares
21,215
-6%
Eli LillyLLY
Share
0.4%
Value
$4m
Shares
3,109
-5%
Neos ETF TrustCSHI
Share
0.3%
Value
$4m
Shares
71,928
+59%
Dimensional ETF TrustDFAC
Share
0.3%
Value
$4m
Shares
79,903
Held
Qnity ElectronicsQ
Share
0.3%
Value
$3m
Shares
20,576
Held
Schwab Strategic TRFNDF
Share
0.3%
Value
$3m
Shares
62,576
-5%
Home DepotHD
Share
0.3%
Value
$3m
Shares
9,219
-6%
Schwab Strategic TRSCHM
Share
0.3%
Value
$3m
Shares
87,301
Held
KLAKLAC
Share
0.3%
Value
$3m
Shares
10,567
-8%
Martin Marietta MaterialsMLM
Share
0.3%
Value
$3m
Shares
5,317
Held
Etfs Gold TRSGOL
Share
0.3%
Value
$3m
Shares
76,532
New
DOWDOW
Share
0.3%
Value
$3m
Shares
98,687
Held
StrykerSYK
Share
0.2%
Value
$3m
Shares
8,282
-13%
ASML Holding NVASML
Share
0.2%
Value
$2m
Shares
1,252
Held
Schwab Strategic TRSCHF
Share
0.2%
Value
$2m
Shares
88,038
Held
Morgan StanleyMS
Share
0.2%
Value
$2m
Shares
11,201
-47%
TeslaTSLA
Share
0.2%
Value
$2m
Shares
5,232
Held
ChevronCVX
Share
0.2%
Value
$2m
Shares
13,080
-5%
Horton D RDHI
Share
0.2%
Value
$2m
Shares
12,916
-8%
NetAppNTAP
Share
0.2%
Value
$2m
Shares
13,584
-6%
Ishares TRIWD
Share
0.2%
Value
$2m
Shares
8,586
-7%
Select Sector Spdr TRXLE
Share
0.2%
Value
$2m
Shares
38,601
Held
Energy Transfer L PET
Share
0.2%
Value
$2m
Shares
106,116
New
Apollo Global ManagementAPO
Share
0.2%
Value
$2m
Shares
17,102
New
Dimensional ETF TrustDFAT
Share
0.2%
Value
$2m
Shares
28,257
Held
NextEra EnergyNEE
Share
0.2%
Value
$2m
Shares
22,365
Held
S&P GlobalSPGI
Share
0.2%
Value
$2m
Shares
4,803
-5%
Arista NetworksANET
Share
0.2%
Value
$2m
Shares
11,485
-3%
Vanguard Admiral FDSVIOO
Share
0.2%
Value
$2m
Shares
14,028
Held
DuPont de NemoursDD
Share
0.2%
Value
$2m
Shares
13,659
New
BlackstoneBX
Share
0.2%
Value
$2m
Shares
15,721
New
KrogerKR
Share
0.2%
Value
$2m
Shares
33,304
-6%
Ishares TRIVV
Share
0.2%
Value
$2m
Shares
2,360
-47%
Schwab Strategic TRSCHG
Share
0.2%
Value
$2m
Shares
51,676
Held
Ishares TRIWB
Share
0.2%
Value
$2m
Shares
4,219
Held
Johnson & JohnsonJNJ
Share
0.2%
Value
$2m
Shares
6,719
-6%
Spdr Index SHS FDSSPDW
Share
0.2%
Value
$2m
Shares
33,820
-2%
AdobeADBE
Share
0.2%
Value
$2m
Shares
8,211
+34%
PaychexPAYX
Share
0.2%
Value
$2m
Shares
17,019
Held
Texas InstrumentsTXN
Share
0.2%
Value
$2m
Shares
5,353
Held
Ishares TRIWF
Share
0.1%
Value
$2m
Shares
12,608
-3%
Schwab Strategic TRSCHV
Share
0.1%
Value
$1m
Shares
43,036
Held
Berkshire Hathaway INC DELBRK-A
Share
0.1%
Value
$1m
Shares
2
Held
Lockheed MartinLMT
Share
0.1%
Value
$1m
Shares
2,711
-20%
Uber TechnologiesUBER
Share
0.1%
Value
$1m
Shares
18,729
+549%
Motorola SolutionsMSI
Share
0.1%
Value
$1m
Shares
3,253
-11%

Company	Share of fund	Value	Shares	Change
Lennox InternationalLII	8.8%	$92m	161,110	-3%
AppleAAPL	8.3%	$87m	300,395	Held
Schwab Strategic TRFNDX	6.4%	$67m	2,140,879	+3%
American Centy ETF TRAVDS	3.2%	$34m	449,544	+10%
AlphabetGOOGL	3.1%	$33m	92,303	New
Amazon.comAMZN	3.0%	$32m	132,550	Held
State STR Spdr S&P 500 ETF TSPY	3.0%	$31m	41,616	-14%
NvidiaNVDA	2.6%	$28m	138,090	+5%
Berkshire HathawayBRK-B	2.4%	$25m	49,257	-14%
Vanguard Tax-Managed FDSVEA	2.2%	$23m	316,111	+10%
J P Morgan Exchange Traded FJPIE	2.2%	$22m	488,499	-6%
Pimco ETF TRPYLD	1.8%	$19m	720,470	-6%
TCW ETF TrustFLXR	1.8%	$19m	484,709	-5%
Vanguard Index FDSVB	1.8%	$19m	61,751	Held
Bank of AmericaBAC	1.4%	$15m	264,025	Held
Schwab Strategic TRSCHB	1.4%	$15m	511,653	Held
American Centy ETF TRAVEM	1.4%	$15m	151,215	+45%
MicrosoftMSFT	1.4%	$15m	39,011	Held
Invesco Exchange Traded FD TRSP	1.3%	$14m	64,882	+9%
Ishares TRIDEV	1.2%	$13m	146,012	Held
J P Morgan Exchange Traded FJQUA	1.2%	$12m	167,310	Held
American Centy ETF TRAVDE	1.0%	$11m	119,722	+71%
Costco WholesaleCOST	1.0%	$10m	10,770	Held
Janus Detroit STR TRJMBS	1.0%	$10m	221,276	-2%
Meta PlatformsMETA	0.9%	$10m	17,631	-6%
American Centy ETF TRAVDV	0.9%	$10m	95,704	+3%
BroadcomAVGO	0.9%	$9m	24,728	Held
Ishares TRGOVT	0.8%	$8m	359,346	Held
General ElectricGE	0.8%	$8m	21,692	Held
ExxonMobil HoldingsXOM	0.7%	$8m	56,322	-8%
Vanguard Index FDSVTI	0.7%	$7m	19,739	-4%
Micron TechnologyMU	0.7%	$7m	6,279	+12%
VisaV	0.6%	$7m	19,506	Held
Ishares Gold TRIAU	0.6%	$7m	87,616	New
Invesco QQQ TRQQQ	0.6%	$7m	8,914	-9%
Pimco ETF TRMUNI	0.6%	$7m	123,925	Held
FastenalFAST	0.6%	$6m	135,216	-2%
Pimco ETF TRMINO	0.6%	$6m	140,914	New
Schwab Strategic TRSCHX	0.6%	$6m	216,573	Held
Lam ResearchLRCX	0.6%	$6m	14,675	-9%
GE VernovaGEV	0.6%	$6m	5,276	Held
JPMorgan ChaseJPM	0.6%	$6m	17,701	-9%
Enterprise Products Partners L.P.EPD	0.5%	$6m	150,184	New
CaterpillarCAT	0.5%	$5m	5,142	Held
CortevaCTVA	0.5%	$5m	60,477	Held
Applied MaterialsAMAT	0.5%	$5m	6,947	-9%
Pimco ETF TRCORP	0.5%	$5m	50,239	Held
CarMaxKMX	0.4%	$5m	86,454	Held
Texas Pacific LandTPL	0.4%	$4m	9,463	New
AbbVieABBV	0.4%	$4m	15,735	-16%
EA Series TrustRAUS	0.4%	$4m	134,958	+229%
Vanguard Scottsdale FDSVGLT	0.4%	$4m	71,287	-7%
Ishares TRIJR	0.4%	$4m	26,006	+4%
American Centy ETF TRAVUV	0.4%	$4m	30,570	New
AmphenolAPH	0.4%	$4m	21,215	-6%
Eli LillyLLY	0.4%	$4m	3,109	-5%
Neos ETF TrustCSHI	0.3%	$4m	71,928	+59%
Dimensional ETF TrustDFAC	0.3%	$4m	79,903	Held
Qnity ElectronicsQ	0.3%	$3m	20,576	Held
Schwab Strategic TRFNDF	0.3%	$3m	62,576	-5%
Home DepotHD	0.3%	$3m	9,219	-6%
Schwab Strategic TRSCHM	0.3%	$3m	87,301	Held
KLAKLAC	0.3%	$3m	10,567	-8%
Martin Marietta MaterialsMLM	0.3%	$3m	5,317	Held
Etfs Gold TRSGOL	0.3%	$3m	76,532	New
DOWDOW	0.3%	$3m	98,687	Held
StrykerSYK	0.2%	$3m	8,282	-13%
ASML Holding NVASML	0.2%	$2m	1,252	Held
Schwab Strategic TRSCHF	0.2%	$2m	88,038	Held
Morgan StanleyMS	0.2%	$2m	11,201	-47%
TeslaTSLA	0.2%	$2m	5,232	Held
ChevronCVX	0.2%	$2m	13,080	-5%
Horton D RDHI	0.2%	$2m	12,916	-8%
NetAppNTAP	0.2%	$2m	13,584	-6%
Ishares TRIWD	0.2%	$2m	8,586	-7%
Select Sector Spdr TRXLE	0.2%	$2m	38,601	Held
Energy Transfer L PET	0.2%	$2m	106,116	New
Apollo Global ManagementAPO	0.2%	$2m	17,102	New
Dimensional ETF TrustDFAT	0.2%	$2m	28,257	Held
NextEra EnergyNEE	0.2%	$2m	22,365	Held
S&P GlobalSPGI	0.2%	$2m	4,803	-5%
Arista NetworksANET	0.2%	$2m	11,485	-3%
Vanguard Admiral FDSVIOO	0.2%	$2m	14,028	Held
DuPont de NemoursDD	0.2%	$2m	13,659	New
BlackstoneBX	0.2%	$2m	15,721	New
KrogerKR	0.2%	$2m	33,304	-6%
Ishares TRIVV	0.2%	$2m	2,360	-47%
Schwab Strategic TRSCHG	0.2%	$2m	51,676	Held
Ishares TRIWB	0.2%	$2m	4,219	Held
Johnson & JohnsonJNJ	0.2%	$2m	6,719	-6%
Spdr Index SHS FDSSPDW	0.2%	$2m	33,820	-2%
AdobeADBE	0.2%	$2m	8,211	+34%
PaychexPAYX	0.2%	$2m	17,019	Held
Texas InstrumentsTXN	0.2%	$2m	5,353	Held
Ishares TRIWF	0.1%	$2m	12,608	-3%
Schwab Strategic TRSCHV	0.1%	$1m	43,036	Held
Berkshire Hathaway INC DELBRK-A	0.1%	$1m	2	Held
Lockheed MartinLMT	0.1%	$1m	2,711	-20%
Uber TechnologiesUBER	0.1%	$1m	18,729	+549%
Motorola SolutionsMSI	0.1%	$1m	3,253	-11%

Showing the largest 100 of 291.

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 100.5% since 30 June 2025.

Where the money is

Technology18.0%

Industrials13.3%

Financial services6.7%

Retail & consumer4.7%

Media & telecom4.3%

Health care2.4%

Everyday goods1.7%

Energy1.6%

Materials1.4%

Utilities0.9%

Real estate0.5%

Other44.8%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.