True North Advisors, LLC

13F filer · CIK 0001634556

Reported Jul 22, 2026

Net buyer this quarter

13F portfolio value$1.05BU.S. long equity reported on 13F

Positions20847 new · 12 closed

Net flow last quarter+$44.1MBuys minus sells

Top 10 positions weight35.9%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Jul 22, 2026208 positions
LIILennox International Inc	$92.3M	8.83%	0.46%	-2.8%	Q4 2019
AAPLApple Inc.	$86.9M	8.31%	0.00%	+0.3%	Q4 2019
GOOGLAlphabet Inc.	$32.8M	3.13%	0.00%	Not reported	Q4 2022
AMZNAmazon Com Inc	$31.6M	3.02%	0.00%	-1.8%	Q4 2019
SPYSPDR S&P 500 ETF Trust	$31.1M	2.97%	Not reported	-13.6%	Q4 2019
NVDANvidia Corp	$27.6M	2.64%	0.00%	+4.7%	Q4 2020
BRK.BBerkshire Hathaway Inc	$24.6M	2.36%	Not reported	-13.8%	Q4 2019
FLXRVW Win Century Inc.	$19M	1.82%	0.28%	-4.8%	Q4 2025
BACBank of America Corp	$15M	1.44%	0.00%	-0.4%	Q4 2019
MSFTMicrosoft Corp	$14.6M	1.39%	0.00%	+0.9%	Q4 2019
IDEVEndo Pharmaceuticals Solutions Inc.	$13M	1.24%	Not reported	-1.3%	Q4 2025
COSTCostco Wholesale Corp	$10.1M	0.96%	0.00%	-1.5%	Q4 2020
METAMeta Platforms, Inc.	$9.93M	0.95%	Not reported	-5.8%	Q4 2019
AVGOBroadcom Inc.	$9.34M	0.89%	0.00%	-1.5%	Q4 2022
GEGeneral Electric Co	$8.11M	0.78%	0.00%	+0.3%	Q4 2022
XOMExxonMobil Holdings Corp	$7.7M	0.74%	0.00%	-7.9%	Q4 2019
MUMicron Technology Inc	$7.25M	0.69%	0.00%	+12.4%	Q3 2025
VVisa Inc.	$6.69M	0.64%	0.00%	-1.4%	Q4 2019
IAUIshares Gold Trust	$6.62M	0.63%	0.01%	Not reported	Q4 2020
QQQInvesco QQQ Trust, Series 1	$6.56M	0.63%	Not reported	-8.5%	Q4 2019
FASTFastenal Co	$6.49M	0.62%	0.01%	-2.3%	Q4 2019
LRCXLam Research Corp	$6.36M	0.61%	0.00%	-8.9%	Q1 2025
GEVGE Vernova Inc.	$6.2M	0.59%	0.00%	+0.1%	Q2 2024
JPMJPMorgan Chase & Co	$5.79M	0.55%	0.00%	-8.6%	Q4 2019
EPDEnterprise Products Partners L.P.	$5.52M	0.53%	0.01%	Not reported	Q4 2019
CATCaterpillar Inc	$5.48M	0.52%	0.00%	-0.5%	Q4 2019
CTVACorteva, Inc.	$5.12M	0.49%	0.01%	-0.5%	Q4 2019
AMATApplied Materials Inc	$5.02M	0.48%	0.00%	-9.3%	Q1 2021
KMXCarmax Inc	$4.57M	0.44%	0.06%	-0.2%	Q4 2022
TPLTexas Pacific Land Corp	$4.14M	0.40%	0.01%	Not reported	Q1 2023
ABBVAbbVie Inc.	$3.96M	0.38%	0.00%	-15.5%	Q4 2019
APHAmphenol Corp	$3.74M	0.36%	0.00%	-5.8%	Q4 2024
LLYELI LILLY & Co	$3.73M	0.36%	0.00%	-4.6%	Q2 2020
QQnity Electronics, Inc.	$3.36M	0.32%	0.01%	+0.5%	Q4 2025
FNDFSchwab Strategic Trust	$3.3M	0.32%	Not reported	-5.2%	Q4 2019
HDHome Depot, Inc.	$3.25M	0.31%	0.00%	-6.2%	Q4 2019
KLACKla Corp	$3.19M	0.30%	0.00%	-7.6%	Q3 2021
MLMMartin Marietta Materials Inc	$3.07M	0.29%	0.01%	-0.3%	Q4 2020
SGOLabrdn Gold ETF Trust	$2.93M	0.28%	0.04%	Not reported	Q2 2020
DOWDow Inc.	$2.7M	0.26%	0.01%	-0.7%	Q4 2019
SYKStryker Corp	$2.61M	0.25%	0.00%	-12.8%	Q1 2020
ASMLAsml Holding NV	$2.49M	0.24%	0.00%	+1.7%	Q2 2023
MSMorgan Stanley	$2.34M	0.22%	0.00%	-47.2%	Q2 2023
TSLATesla, Inc.	$2.2M	0.21%	0.00%	+1.5%	Q4 2020
CVXChevron Corp	$2.17M	0.21%	0.00%	-4.5%	Q4 2019
DHIHorton D R Inc	$2.1M	0.20%	0.00%	-8.2%	Q4 2024
NTAPNetApp, Inc.	$2.1M	0.20%	0.01%	-6.0%	Q4 2024
ETEnergy Transfer LP	$2.03M	0.19%	0.00%	Not reported	Q4 2019
APOApollo Global Management, Inc.	$2.02M	0.19%	0.00%	Not reported	Q4 2022
NEENextera Energy Inc	$1.96M	0.19%	0.00%	-1.3%	Q4 2024

Q1 2026Reported May 7, 2026172 positions
LIILennox International Inc	$76.9M	8.77%	0.48%	-1.5%	Q4 2019
AAPLApple Inc.	$76M	8.67%	0.00%	-0.7%	Q4 2019
SPYSPDR S&P 500 ETF Trust	$31.3M	3.57%	Not reported	-3.6%	Q4 2019
AMZNAmazon Com Inc	$28.1M	3.21%	0.00%	-2.4%	Q4 2019
BRK.BBerkshire Hathaway Inc	$27.4M	3.12%	Not reported	-27.5%	Q4 2019
NVDANvidia Corp	$23M	2.62%	0.00%	+3.0%	Q4 2020
FLXRVW Win Century Inc.	$20M	2.28%	0.29%	+42.4%	Q4 2025
MSFTMicrosoft Corp	$14.3M	1.63%	0.00%	+5.8%	Q4 2019
BACBank of America Corp	$12.9M	1.47%	0.00%	-0.2%	Q4 2019
IDEVEndo Pharmaceuticals Solutions Inc.	$12.4M	1.41%	Not reported	-24.3%	Q4 2025
COSTCostco Wholesale Corp	$10.9M	1.24%	0.00%	+7.7%	Q4 2020
METAMeta Platforms, Inc.	$10.7M	1.22%	Not reported	-18.4%	Q4 2019
XOMExxonMobil Holdings Corp	$10.4M	1.18%	0.00%	-3.4%	Q4 2019
AVGOBroadcom Inc.	$7.77M	0.89%	0.00%	-4.7%	Q4 2022
FASTFastenal Co	$6.42M	0.73%	0.01%	-0.5%	Q4 2019
GEGeneral Electric Co	$6.14M	0.70%	0.00%	+0.6%	Q4 2022
VVisa Inc.	$5.98M	0.68%	0.00%	+12.2%	Q4 2019
JPMJPMorgan Chase & Co	$5.69M	0.65%	0.00%	-4.7%	Q4 2019
QQQInvesco QQQ Trust, Series 1	$5.62M	0.64%	Not reported	+2.9%	Q4 2019
CTVACorteva, Inc.	$5.09M	0.58%	0.01%	0.0%	Q4 2019
GEVGE Vernova Inc.	$4.6M	0.52%	0.00%	+1.4%	Q2 2024
DOWDow Inc.	$4.14M	0.47%	0.01%	+1.8%	Q4 2019
ABBVAbbVie Inc.	$4.05M	0.46%	0.00%	+0.1%	Q4 2019
CATCaterpillar Inc	$3.66M	0.42%	0.00%	-0.3%	Q4 2019
KMXCarmax Inc	$3.6M	0.41%	0.06%	Not reported	Q4 2022
MSMorgan Stanley	$3.49M	0.40%	0.00%	-1.6%	Q2 2023
LRCXLam Research Corp	$3.44M	0.39%	0.00%	-21.6%	Q1 2025
HDHome Depot, Inc.	$3.23M	0.37%	0.00%	+11.1%	Q4 2019
FNDFSchwab Strategic Trust	$3.23M	0.37%	Not reported	-20.4%	Q4 2019
MLMMartin Marietta Materials Inc	$3.14M	0.36%	0.01%	-0.5%	Q4 2020
SYKStryker Corp	$3.12M	0.36%	0.00%	+9.3%	Q1 2020
LLYELI LILLY & Co	$3M	0.34%	0.00%	-3.1%	Q2 2020
APHAmphenol Corp	$2.85M	0.32%	0.00%	-23.7%	Q4 2024
CVXChevron Corp	$2.83M	0.32%	0.00%	+26.8%	Q4 2019
AMATApplied Materials Inc	$2.62M	0.30%	0.00%	-3.3%	Q1 2021
KRKroger Co	$2.56M	0.29%	0.01%	-5.8%	Q4 2024
QQnity Electronics, Inc.	$2.36M	0.27%	0.01%	-0.3%	Q4 2025
ALLAllstate Corp	$2.34M	0.27%	0.00%	-5.3%	Q4 2024
SPGIS&P Global Inc.	$2.15M	0.24%	0.00%	-2.1%	Q1 2024
NEENextera Energy Inc	$2.1M	0.24%	0.00%	-6.3%	Q4 2024
LMTLockheed Martin Corp	$2.04M	0.23%	0.00%	+12.2%	Q4 2019
SHWSherwin Williams Co	$2M	0.23%	0.00%	-1.0%	Q4 2024
ABTAbbott Laboratories	$1.93M	0.22%	0.00%	-4.2%	Q4 2019
DHIHorton D R Inc	$1.93M	0.22%	0.00%	-2.3%	Q4 2024
TSLATesla, Inc.	$1.92M	0.22%	0.00%	+111.1%	Q4 2020
MUMicron Technology Inc	$1.89M	0.22%	0.00%	+14.3%	Q3 2025
DDDuPont de Nemours, Inc.	$1.88M	0.21%	0.01%	-0.4%	Q4 2019
JNJJohnson & Johnson	$1.74M	0.20%	0.00%	-29.0%	Q4 2019
KLACKla Corp	$1.68M	0.19%	0.00%	-2.6%	Q3 2021
ASMLAsml Holding NV	$1.63M	0.19%	0.00%	+0.2%	Q2 2023

Q4 2025Reported Jan 22, 2026184 positions
AAPLApple Inc.	$82M	10.60%	0.00%	-1.0%	Q4 2019
LIILennox International Inc	$81.7M	10.57%	0.48%	-5.3%	Q4 2019
BRK.BBerkshire Hathaway Inc	$39.6M	5.12%	Not reported	-1.6%	Q4 2019
SPYSPDR S&P 500 ETF Trust	$34.1M	4.40%	Not reported	+29.3%	Q4 2019
AMZNAmazon Com Inc	$31.9M	4.13%	0.00%	-0.3%	Q4 2019
NVDANvidia Corp	$23.9M	3.09%	0.00%	-0.1%	Q4 2020
MSFTMicrosoft Corp	$17.7M	2.29%	0.00%	-9.5%	Q4 2019
IDEVEndo Pharmaceuticals Solutions Inc.	$16.1M	2.08%	Not reported	New	Q4 2025
METAMeta Platforms, Inc.	$15.1M	1.96%	Not reported	-0.3%	Q4 2019
BACBank of America Corp	$14.6M	1.89%	0.00%	-0.4%	Q4 2019
FLXRVW Win Century Inc.	$14.2M	1.83%	0.20%	New	Q4 2025
AVGOBroadcom Inc.	$9.11M	1.18%	0.00%	-27.3%	Q4 2022
COSTCostco Wholesale Corp	$8.75M	1.13%	0.00%	+2.7%	Q4 2020
IAUIshares Gold Trust	$8.26M	1.07%	0.01%	-2.0%	Q4 2020
XOMExxonMobil Holdings Corp	$7.61M	0.98%	0.00%	-7.0%	Q4 2019
GEGeneral Electric Co	$6.63M	0.86%	0.00%	-0.1%	Q4 2022
JPMJPMorgan Chase & Co	$6.55M	0.85%	0.00%	+0.8%	Q4 2019
VVisa Inc.	$6.19M	0.80%	0.00%	+3.9%	Q4 2019
QQQInvesco QQQ Trust, Series 1	$5.82M	0.75%	Not reported	Not reported	Q4 2019
FASTFastenal Co	$5.58M	0.72%	0.01%	0.0%	Q4 2019
EPDEnterprise Products Partners L.P.	$4.81M	0.62%	0.01%	-0.4%	Q4 2019
ABBVAbbVie Inc.	$4.25M	0.55%	0.00%	+2.2%	Q4 2019
CTVACorteva, Inc.	$4.07M	0.53%	0.01%	+0.3%	Q4 2019
APHAmphenol Corp	$3.99M	0.52%	0.00%	-12.0%	Q4 2024
MSMorgan Stanley	$3.82M	0.49%	0.00%	+1.7%	Q2 2023
FNDFSchwab Strategic Trust	$3.75M	0.48%	Not reported	Not reported	Q4 2019
LLYELI LILLY & Co	$3.62M	0.47%	0.00%	-2.8%	Q2 2020
LRCXLam Research Corp	$3.51M	0.45%	0.00%	-37.2%	Q1 2025
SGOLabrdn Gold ETF Trust	$3.44M	0.45%	0.05%	+2.6%	Q2 2020
GEVGE Vernova Inc.	$3.4M	0.44%	0.00%	-0.5%	Q2 2024
MLMMartin Marietta Materials Inc	$3.34M	0.43%	0.01%	-0.4%	Q4 2020
SYKStryker Corp	$3.05M	0.39%	0.00%	+1.5%	Q1 2020
HDHome Depot, Inc.	$3.04M	0.39%	0.00%	-3.7%	Q4 2019
CATCaterpillar Inc	$2.97M	0.38%	0.00%	-0.1%	Q4 2019
TPLTexas Pacific Land Corp	$2.88M	0.37%	0.01%	-0.1%	Q1 2023
SPGIS&P Global Inc.	$2.69M	0.35%	0.00%	+3.4%	Q1 2024
ALLAllstate Corp	$2.48M	0.32%	0.00%	+1.5%	Q4 2024
ABTAbbott Laboratories	$2.46M	0.32%	0.00%	+2.2%	Q4 2019
KRKroger Co	$2.34M	0.30%	0.01%	+4.1%	Q4 2024
DOWDow Inc.	$2.28M	0.30%	0.01%	+0.3%	Q4 2019
ADBEAdobe Inc.	$2.27M	0.29%	0.00%	+301.1%	Q2 2020
JNJJohnson & Johnson	$2.08M	0.27%	0.00%	+1.2%	Q4 2019
DHIHorton D R Inc	$2.07M	0.27%	0.01%	-0.9%	Q4 2024
SHWSherwin Williams Co	$2.04M	0.26%	0.00%	+0.8%	Q4 2024
AMATApplied Materials Inc	$2.04M	0.26%	0.00%	+1.3%	Q1 2021
NEENextera Energy Inc	$1.94M	0.25%	0.00%	+10.7%	Q4 2024
PAYXPaychex Inc	$1.93M	0.25%	0.00%	+1.6%	Q4 2024
TXNTexas Instruments Inc	$1.84M	0.24%	0.00%	-6.7%	Q4 2019
TSCOTractor Supply Co	$1.77M	0.23%	0.01%	+0.5%	Q4 2024
ETEnergy Transfer LP	$1.76M	0.23%	0.00%	+8.8%	Q4 2019

Q3 2025Reported Oct 14, 2025185 positions
LIILennox International Inc	$94.1M	14.93%	0.51%	-2.1%	Q4 2019
AAPLApple Inc.	$77.6M	12.32%	0.00%	+173.8%	Q4 2019
BRK.BBerkshire Hathaway Inc	$40.3M	6.39%	Not reported	-0.5%	Q4 2019
AMZNAmazon Com Inc	$30.5M	4.84%	0.00%	+431.3%	Q4 2019
SPYSPDR S&P 500 ETF Trust	$25.7M	4.09%	Not reported	+561.4%	Q4 2019
NVDANvidia Corp	$23.9M	3.80%	0.00%	+289.0%	Q4 2020
MSFTMicrosoft Corp	$20.9M	3.32%	0.00%	+52.9%	Q4 2019
METAMeta Platforms, Inc.	$16.9M	2.68%	Not reported	+398.7%	Q4 2019
BACBank of America Corp	$13.8M	2.18%	0.00%	+287.1%	Q4 2019
AVGOBroadcom Inc.	$12M	1.90%	0.00%	+9.8%	Q4 2022
COSTCostco Wholesale Corp	$9.15M	1.45%	0.00%	+2.0%	Q4 2020
XOMExxonMobil Holdings Corp	$7.67M	1.22%	0.00%	+5.4%	Q4 2019
IAUIshares Gold Trust	$7.56M	1.20%	0.01%	+858.1%	Q4 2020
FASTFastenal Co	$6.82M	1.08%	0.01%	-1.7%	Q4 2019
GEGeneral Electric Co	$6.47M	1.03%	0.00%	-12.8%	Q4 2022
JPMJPMorgan Chase & Co	$6.36M	1.01%	0.00%	+12.6%	Q4 2019
VVisa Inc.	$5.8M	0.92%	0.00%	+12.3%	Q4 2019
KMXCarmax Inc	$5.55M	0.88%	0.08%	+66.6%	Q4 2022
EPDEnterprise Products Partners L.P.	$4.71M	0.75%	0.01%	+0.1%	Q4 2019
LRCXLam Research Corp	$4.38M	0.69%	0.00%	+5.0%	Q1 2025
ABBVAbbVie Inc.	$4.22M	0.67%	0.00%	+5.9%	Q4 2019
APHAmphenol Corp	$4.15M	0.66%	0.00%	-8.2%	Q4 2024
CTVACorteva, Inc.	$4.1M	0.65%	0.01%	+0.2%	Q4 2019
HDHome Depot, Inc.	$3.72M	0.59%	0.00%	-0.1%	Q4 2019
MLMMartin Marietta Materials Inc	$3.39M	0.54%	0.01%	+0.9%	Q4 2020
MSMorgan Stanley	$3.37M	0.53%	0.00%	-5.4%	Q2 2023
GEVGE Vernova Inc.	$3.21M	0.51%	0.00%	-12.5%	Q2 2024
DDDuPont de Nemours, Inc.	$3.2M	0.51%	0.01%	+0.1%	Q4 2019
SYKStryker Corp	$3.17M	0.50%	0.00%	+6.8%	Q1 2020
TPLTexas Pacific Land Corp	$3.12M	0.50%	0.01%	+0.3%	Q1 2023
SGOLabrdn Gold ETF Trust	$3.01M	0.48%	0.05%	+0.4%	Q2 2020
IBITiShares Bitcoin Trust ETF	$2.76M	0.44%	0.00%	New	Q3 2025
ORCLOracle Corp	$2.65M	0.42%	0.00%	+17.2%	Q4 2019
LLYELI LILLY & Co	$2.64M	0.42%	0.00%	+17.1%	Q2 2020
ABTAbbott Laboratories	$2.57M	0.41%	0.00%	-1.5%	Q4 2019
ALLAllstate Corp	$2.52M	0.40%	0.00%	+0.8%	Q4 2024
CRMSalesforce, Inc.	$2.48M	0.39%	0.00%	-2.0%	Q4 2019
CATCaterpillar Inc	$2.47M	0.39%	0.00%	+2.5%	Q4 2019
DHIHorton D R Inc	$2.46M	0.39%	0.00%	-8.1%	Q4 2024
KRKroger Co	$2.43M	0.39%	0.01%	-7.5%	Q4 2024
SPGIS&P Global Inc.	$2.43M	0.39%	0.00%	+5.7%	Q1 2024
DOWDow Inc.	$2.23M	0.35%	0.01%	-0.1%	Q4 2019
SHWSherwin Williams Co	$2.17M	0.34%	0.00%	-5.0%	Q4 2024
CVXChevron Corp	$2.17M	0.34%	0.00%	+42.6%	Q4 2019
PAYXPaychex Inc	$2.15M	0.34%	0.00%	-4.1%	Q4 2024
TSLATesla, Inc.	$2.11M	0.33%	0.00%	+16.3%	Q4 2020
TXNTexas Instruments Inc	$2.09M	0.33%	0.00%	+3.1%	Q4 2019
TSCOTractor Supply Co	$2.01M	0.32%	0.01%	-10.4%	Q4 2024
JNJJohnson & Johnson	$1.84M	0.29%	0.00%	+22.3%	Q4 2019
NTAPNetApp, Inc.	$1.75M	0.28%	0.01%	+6.5%	Q4 2024

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