Latest True North Advisors, LLC Stock Portfolio

True North Advisors, LLC Performance:

2025 Q4: -1.32%YTD: 3.46%2024: 21.08%

Performance for 2025 Q4 is -1.32%, and YTD is 3.46%, and 2024 is 21.08%.

About True North Advisors, LLC and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, True North Advisors, LLC reported an equity portfolio of $773.5 Millions as of 31 Dec, 2025.

The top stock holdings of True North Advisors, LLC are AAPL, LII, . The fund has invested 10.6% of it's portfolio in APPLE INC and 10.6% of portfolio in LENNOX INTL INC.

The fund managers got completely rid off ISHARES TR (AMPS), CARMAX INC (KMX) and ACV AUCTIONS INC (ACVA) stocks. They significantly reduced their stock positions in BIOHARVEST SCIENCES INC, SALESFORCE INC (CRM) and CONOCOPHILLIPS (COP). True North Advisors, LLC opened new stock positions in VANGUARD INDEX FDS (VB), ISHARES TR (AGT) and SCHWAB STRATEGIC TR (FNDA). The fund showed a lot of confidence in some stocks as they added substantially to NETFLIX INC (NFLX), SERVICENOW INC (NOW) and ADOBE INC (ADBE).

True North Advisors, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that True North Advisors, LLC made a return of -1.32% in the last quarter. In trailing 12 months, it's portfolio return was 3.46%.

Performance
S&P 500

New Buys

Ticker	$ Bought
vanguard index fds	16,460,300
ishares tr	16,118,000
schwab strategic tr	15,615,800
tcw etf trust	14,151,300
j p morgan exchange traded f	12,422,200
invesco exchange traded fd t	11,588,600
vanguard tax-managed fds	10,885,900
janus detroit str tr	10,295,600

New stocks bought by True North Advisors, LLC

Additions

Ticker	% Inc.
netflix inc	518
servicenow inc	386
adobe inc	301
ssga active etf tr	230
texas pacific land corporati	199
huntington bancshares inc	150
goldman sachs group inc	110
select sector spdr tr	94.18

Additions to existing portfolio by True North Advisors, LLC

Reductions

Ticker	% Reduced
bioharvest sciences inc	-79.21
salesforce inc	-76.32
conocophillips	-75.99
ishares tr	-70.00
devon energy corp new	-54.35
tesla inc	-48.5
cisco sys inc	-42.06
lam research corp	-37.21

True North Advisors, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
ishares tr	-8,448,460
carmax inc	-5,552,300
acv auctions inc	-914,396
at&t inc	-671,688
veritex hldgs inc	-675,059
organon & co	-157,766
bristol-myers squibb co	-565,105
telefonaktiebolaget lm erics	-96,208

True North Advisors, LLC got rid off the above stocks

Sector Distribution

True North Advisors, LLC has about 40.5% of it's holdings in Others sector.

Sector	%
Others	40.5
Technology	20.8
Industrials	14.1
Consumer Cyclical	5.9
Financial Services	5.7
Healthcare	3.4
Energy	2.5
Consumer Defensive	2.2
Communication Services	2.2
Basic Materials	2

Market Cap. Distribution

True North Advisors, LLC has about 59% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	40.5
MEGA-CAP	32.8
LARGE-CAP	26.2

Stocks belong to which Index?

About 47.2% of the stocks held by True North Advisors, LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	52.5
S&P 500	47.2

Top 5 Winners (%)		%
MU	micron technology inc	69.3 %
NAK	northern dynasty minerals lt	54.4 %
LLY	eli lilly & co	40.3 %
	pan amern silver corp	33.8 %
AMD	advanced micro devices inc	32.3 %

Top 5 Winners ($)		$
AAPL	apple inc	5.2 M
AMZN	amazon com inc	1.6 M
LLY	eli lilly & co	1.1 M
LRCX	lam research corp	1.0 M
BAC	bank america corp	0.9 M

Top 5 Losers (%)		%
NFLX	netflix inc	-87.3 %
NOW	servicenow inc	-75.1 %
TPL	texas pacific land corporati	-60.0 %
	yd bio ltd	-53.4 %
DD	dupont de nemours inc	-48.4 %

Top 5 Losers ($)		$
LII	lennox intl inc	-7.6 M
TPL	texas pacific land corporati	-4.3 M
NFLX	netflix inc	-3.3 M
META	meta platforms inc	-1.7 M
DD	dupont de nemours inc	-1.6 M

True North Advisors, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of True North Advisors, LLC

True North Advisors, LLC has 250 stocks in it's portfolio. About 46.4% of the portfolio is in top 10 stocks. LII proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for True North Advisors, LLC last quarter.

Last Reported on: 22 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAAU	goldman sachs physical gold	0.11	20,020	851,851	unchanged	0.00

AAPL	apple inc	10.60	301,690	82,017,500	reduced	-1.02

AAXJ	ishares tr	0.04	5,571	288,396	added	1.59

ABBV	abbvie inc	0.55	18,611	4,252,510	added	2.23

ABT	abbott labs	0.32	19,625	2,458,820	added	2.21

ACVA	acv auctions inc	0.00	0.00	0.00	sold off	-100

ACWF	ishares tr	0.04	4,322	300,033	new

ADBE	adobe inc	0.29	6,493	2,272,530	added	301

ADI	analog devices inc	0.09	2,596	704,078	added	0.62

AEMB	american centy etf tr	1.16	95,253	8,950,940	added	8.47

AEMB	american centy etf tr	0.05	5,066	417,033	new

AEMB	american centy etf tr	0.03	3,025	211,175	new

AFK	vaneck etf trust	0.05	3,777	391,146	new

AFL	aflac inc	0.08	5,340	588,814	added	22.36

AFTY	pacer fds tr	0.04	5,578	335,628	added	10.13

AFTY	pacer fds tr	0.04	5,195	288,738	unchanged	0.00

AGT	ishares tr	2.08	195,417	16,118,000	new

AJG	gallagher arthur j & co	0.03	951	246,113	new

ALKT	alkami technology inc	0.04	13,538	312,322	reduced	-9.75

ALL	allstate corp	0.32	11,919	2,480,940	added	1.47