1y return+11.9%S&P 500 +20.9%
3y return+55.6%S&P 500 +68.5%
5y return+62.5%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2019: $224 against $232 in the S&P 500.2
True North Advisors, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| LIILennox Intl Inc | $92.3M | 8.8% | −2.8% |
| AAPLApple Inc | $86.9M | 8.3% | |
| FNDXSchwab Strategic Tr | $66.6M | 6.4% | +3.2% |
| AVDSAmerican Centy Etf Tr | $33.8M | 3.2% | +9.9% |
| GOOGLAlphabet Inc | $32.8M | 3.1% | New |
| AMZNAmazon Com Inc | $31.6M | 3.0% | −1.8% |
| SPYState Str Spdr S&p 500 Etf T | $31.1M | 3.0% | −13.6% |
| NVDANvidia Corporation | $27.6M | 2.6% | +4.7% |
| BRK/BBerkshire Hathaway Inc Del | $24.6M | 2.4% | −13.8% |
| VEAVanguard Tax-managed Fds | $22.5M | 2.2% | +10.5% |
| JPIEJ P Morgan Exchange Traded F | $22.5M | 2.2% | −6.0% |
| PYLDPimco Etf Tr | $19.1M | 1.8% | −6.4% |
| FLXRTcw Etf Trust | $19.0M | 1.8% | −4.8% |
| VBVanguard Index Fds | $18.7M | 1.8% | −1.4% |
| BACBank Of Amer Corp | $15.0M | 1.4% | |
| SCHBSchwab Strategic Tr | $14.8M | 1.4% | +1.4% |
| AVEMAmerican Centy Etf Tr | $14.6M | 1.4% | +44.6% |
| MSFTMicrosoft Corp | $14.6M | 1.4% | |
| RSPInvesco Exchange Traded Fd T | $13.8M | 1.3% | +8.9% |
| IDEVIshares Tr | $13.0M | 1.2% | −1.3% |
| JQUAJ P Morgan Exchange Traded F | $12.1M | 1.2% | |
| AVDEAmerican Centy Etf Tr | $10.7M | 1.0% | +71.3% |
| COSTCostco Wholesale Corporation | $10.1M | 1.0% | −1.5% |
| JMBSJanus Detroit Str Tr | $10.0M | 1.0% | −2.4% |
| METAMeta Platforms Inc | $9.9M | 0.9% | −5.8% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2021 | +900.3% | $27.6M |
| LRCXLam Research Corp | March 31, 2025 | +496.1% | $6.4M |
| GEGe Aerospace | December 31, 2022 | +346.0% | $8.1M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $86.9M |
| Exxon Mobil CorpCUSIP 30231G102 | June 30, 2020 | +205.7% | $7.7M |
| AVGOBroadcom Inc | March 31, 2024 | +185.0% | $9.3M |
| BRK/BBerkshire Hathaway Inc Del | June 30, 2020 | +180.3% | $24.6M |
| COSTCostco Wholesale Corporation | December 31, 2020 | +148.3% | $10.1M |
| METAMeta Platforms Inc | June 30, 2020 | +148.1% | $9.9M |
| BACBank Of Amer Corp | June 30, 2020 | +139.9% | $15.0M |
Sold off last quarter
- JEPIJ P Morgan Exchange Traded F was $2.5M
- Dupont De Nemours IncCUSIP 26614N102 was $1.9M
- TSCOTractor Supply Co was $1.6M
- Honeywell Intl IncCUSIP 438516106 was $1.1M
- IGSBIshares Tr was $626K
- SLBSlb Limited was $470K
- IYWIshares Tr was $439K
- MDYState Str Spdr S&p Midcap 40 was $425K
- DOVDover Corp was $336K
- INTUIntuit was $323K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +10.9% | +14.8% |
| March 31, 2026 | −1.8% | −4.6% |
| December 31, 2025 | −0.4% | +2.4% |
| September 30, 2025 | +3.2% | +7.8% |
| June 30, 2025 | +3.8% | +10.5% |
| March 31, 2025 | −1.6% | −4.6% |
| December 31, 2024 | +1.5% | +2.1% |
| September 30, 2024 | +7.9% | +5.4% |
| June 30, 2024 | +4.3% | +4.0% |
| March 31, 2024 | +6.7% | +10.0% |
| December 31, 2023 | +10.6% | +11.2% |
| September 30, 2023 | +1.0% | −3.6% |
| June 30, 2023 | +9.3% | +8.3% |
| March 31, 2023 | +3.6% | +7.0% |
| December 31, 2022 | +10.2% | +7.1% |
| September 30, 2022 | −3.4% | −5.3% |
| June 30, 2022 | −15.7% | −16.5% |
| March 31, 2022 | −3.5% | −4.9% |
| December 31, 2021 | +9.4% | +10.7% |
| September 30, 2021 | −2.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: True North Advisors, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1634556&type=13F-HR&dateb=&owner=include&count=40CIK 1634556
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1634556/000117266126002749/Filed July 22, 2026 · accession 0001172661-26-002749