13F HOLDINGS REPORT
True North Advisors, LLC
Quarter ended Q2 2025 · Filed July 16, 2025 · Accession 0001172661-25-002616
Total Value
$521.8M
Positions
222
Other Managers
0
Confidential Omitted
No
Holdings (222)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | LENNOX INTL INC | 526107107 | 181,586 | $104.1M | 19.95% |
| 2 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 80,455 | $39.1M | 7.49% |
| 3 | APPLE INC | AAPL | 111,335 | $22.8M | 4.38% |
| 4 | VANGUARD INDEX FDS | 922908751 | 67,103 | $15.9M | 3.05% |
| 5 | MICROSOFT CORP | MSFT | 26,427 | $13.1M | 2.52% |
| 6 | JANUS DETROIT STR TR | 47103U852 | 269,270 | $12.1M | 2.32% |
| 7 | ISHARES TR | 46429B267 | 462,344 | $10.6M | 2.04% |
| 8 | COSTCO WHSL CORP NEW | 22160K105 | 9,685 | $9.6M | 1.84% |
| 9 | BROADCOM INC | AVGO | 32,993 | $9.1M | 1.74% |
| 10 | PIMCO ETF TR | 72201R866 | 141,748 | $7.3M | 1.40% |
| 11 | PIMCO ETF TR | 72201R817 | 73,494 | $7.2M | 1.37% |
| 12 | EXXON MOBIL CORP | XOM | 64,513 | $7.0M | 1.33% |
| 13 | GE AEROSPACE | 369604301 | 24,672 | $6.4M | 1.22% |
| 14 | FASTENAL CO | FAST | 141,350 | $5.9M | 1.14% |
| 15 | SCHWAB STRATEGIC TR | 808524201 | 242,746 | $5.9M | 1.14% |
| 16 | AMAZON COM INC | AMZN | 26,117 | $5.7M | 1.10% |
| 17 | VISA INC | V | 15,124 | $5.4M | 1.03% |
| 18 | NVIDIA CORPORATION | NVDA | 32,971 | $5.2M | 1.00% |
| 19 | JPMORGAN CHASE & CO. | VYLD | 17,904 | $5.2M | 0.99% |
| 20 | ISHARES TR | 464287614 | 12,019 | $5.1M | 0.98% |
| 21 | CARMAX INC | KMX | 74,292 | $5.0M | 0.96% |
| 22 | ENTERPRISE PRODS PARTNERS L | 293792107 | 150,553 | $4.7M | 0.89% |
| 23 | CORTEVA INC | CTVA | 60,476 | $4.5M | 0.86% |
| 24 | VANGUARD INDEX FDS | 922908769 | 13,168 | $4.0M | 0.77% |
| 25 | SPDR S&P 500 ETF TR | SPY | 5,841 | $3.6M | 0.69% |
| 26 | AMPHENOL CORP NEW | 032095101 | 36,540 | $3.6M | 0.69% |
| 27 | NUVEEN MUN VALUE FD INC | NU | 412,922 | $3.6M | 0.69% |
| 28 | TEXAS PACIFIC LAND CORPORATI | TPL | 3,336 | $3.5M | 0.68% |
| 29 | SCHWAB STRATEGIC TR | 808524771 | 142,741 | $3.5M | 0.67% |
| 30 | META PLATFORMS INC | META | 4,614 | $3.4M | 0.65% |
| 31 | HOME DEPOT INC | HD | 9,200 | $3.4M | 0.65% |
| 32 | BANK AMERICA CORP | 060505104 | 68,867 | $3.3M | 0.62% |
| 33 | ABBVIE INC | ABBV | 17,194 | $3.2M | 0.61% |
| 34 | STRYKER CORPORATION | SYK | 8,017 | $3.2M | 0.61% |
| 35 | GE VERNOVA INC | GEV | 5,974 | $3.2M | 0.61% |
| 36 | MORGAN STANLEY | MS-PQ | 22,371 | $3.2M | 0.60% |
| 37 | LAM RESEARCH CORP | LRCX | 31,142 | $3.0M | 0.58% |
| 38 | MARTIN MARIETTA MATLS INC | 573284106 | 5,332 | $2.9M | 0.56% |
| 39 | SALESFORCE INC | CRM | 10,663 | $2.9M | 0.56% |
| 40 | DIMENSIONAL ETF TRUST | 25434V708 | 79,903 | $2.9M | 0.55% |
| 41 | DUPONT DE NEMOURS INC | DD | 41,060 | $2.8M | 0.54% |
| 42 | KROGER CO | KR | 38,925 | $2.8M | 0.54% |
| 43 | SCHWAB STRATEGIC TR | 808524508 | 97,978 | $2.7M | 0.53% |
| 44 | SCHWAB STRATEGIC TR | 808524755 | 66,834 | $2.7M | 0.51% |
| 45 | ABBOTT LABS | ABLZF | 19,490 | $2.7M | 0.51% |
| 46 | DOW INC | DOW | 97,361 | $2.6M | 0.49% |
| 47 | PAYCHEX INC | PAYX | 17,651 | $2.6M | 0.49% |
| 48 | ETFS GOLD TR | 00326A104 | 81,365 | $2.6M | 0.49% |
| 49 | J P MORGAN EXCHANGE TRADED F | 46641Q332 | 44,281 | $2.5M | 0.48% |
| 50 | S&P GLOBAL INC | SPGI | 4,719 | $2.5M | 0.48% |
| 51 | ALLSTATE CORP | ALL-PJ | 11,654 | $2.3M | 0.45% |
| 52 | ELI LILLY & CO | LLY | 2,956 | $2.3M | 0.44% |
| 53 | TEXAS INSTRS INC | 882508104 | 11,045 | $2.3M | 0.44% |
| 54 | SHERWIN WILLIAMS CO | SHW | 6,587 | $2.3M | 0.43% |
| 55 | TRACTOR SUPPLY CO | TSCO | 39,359 | $2.1M | 0.40% |
| 56 | D R HORTON INC | 23331A109 | 15,799 | $2.0M | 0.39% |
| 57 | CATERPILLAR INC | CAT | 5,058 | $2.0M | 0.38% |
| 58 | ZOETIS INC | ZTS | 12,334 | $1.9M | 0.37% |
| 59 | INVESCO QQQ TR | IVZ | 3,390 | $1.9M | 0.36% |
| 60 | ENERGY TRANSFER L P | ET-PI | 98,006 | $1.8M | 0.34% |
| 61 | ORACLE CORP | ORCL-PD | 8,034 | $1.8M | 0.34% |
| 62 | VANGUARD ADMIRAL FDS INC | 921932828 | 17,049 | $1.7M | 0.33% |
| 63 | SELECT SECTOR SPDR TR | 81369Y506 | 19,200 | $1.6M | 0.31% |
| 64 | NEXTERA ENERGY INC | NEE-PW | 23,338 | $1.6M | 0.31% |
| 65 | SCHWAB STRATEGIC TR | 808524409 | 57,401 | $1.6M | 0.30% |
| 66 | ISHARES TR | 464287598 | 7,969 | $1.5M | 0.30% |
| 67 | SCHWAB STRATEGIC TR | 808524300 | 52,689 | $1.5M | 0.29% |
| 68 | DIMENSIONAL ETF TRUST | 25434V609 | 28,257 | $1.5M | 0.29% |
| 69 | SPDR INDEX SHS FDS | 78463X889 | 37,528 | $1.5M | 0.29% |
| 70 | CONOCOPHILLIPS | COP | 16,541 | $1.5M | 0.28% |
| 71 | TOYOTA MOTOR CORP | TOYOF | 8,598 | $1.5M | 0.28% |
| 72 | NETAPP INC | NTAP | 13,899 | $1.5M | 0.28% |
| 73 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 2 | $1.5M | 0.28% |
| 74 | VANGUARD SCOTTSDALE FDS | 92206C771 | 31,382 | $1.5M | 0.28% |
| 75 | CHEVRON CORP NEW | CVX | 9,779 | $1.4M | 0.27% |
| 76 | PFIZER INC | PFE | 54,716 | $1.3M | 0.25% |
| 77 | TESLA INC | TSLA | 4,076 | $1.3M | 0.25% |
| 78 | APPLIED MATLS INC | 038222105 | 6,948 | $1.3M | 0.24% |
| 79 | RESMED INC | RSMDF | 4,847 | $1.3M | 0.24% |
| 80 | JOHNSON & JOHNSON | JNJ | 8,117 | $1.2M | 0.24% |
| 81 | ALLEGION PLC | ALLE | 8,465 | $1.2M | 0.23% |
| 82 | ISHARES TR | 464287200 | 1,950 | $1.2M | 0.23% |
| 83 | SCHWAB STRATEGIC TR | 808524763 | 41,982 | $1.2M | 0.23% |
| 84 | INTUITIVE SURGICAL INC | ISRG | 2,186 | $1.2M | 0.23% |
| 85 | WALMART INC | WMT | 12,035 | $1.2M | 0.23% |
| 86 | AIR PRODS & CHEMS INC | AIIR | 4,120 | $1.2M | 0.22% |
| 87 | LOCKHEED MARTIN CORP | LMT | 2,454 | $1.1M | 0.22% |
| 88 | ACV AUCTIONS INC | ACVA | 69,301 | $1.1M | 0.22% |
| 89 | MOTOROLA SOLUTIONS INC | MSI | 2,627 | $1.1M | 0.21% |
| 90 | PROCTER AND GAMBLE CO | 742718109 | 6,681 | $1.1M | 0.20% |
| 91 | VANGUARD INDEX FDS | 922908637 | 3,729 | $1.1M | 0.20% |
| 92 | ISHARES TR | 464287648 | 3,658 | $1.0M | 0.20% |
| 93 | SCHWAB STRATEGIC TR | 808524839 | 43,401 | $1.0M | 0.19% |
| 94 | ASML HOLDING N V | ASMLF | 1,253 | $1.0M | 0.19% |
| 95 | OSHKOSH CORP | OSK | 8,580 | $974,173 | 0.19% |
| 96 | DECKERS OUTDOOR CORP | DECK | 9,415 | $970,404 | 0.19% |
| 97 | MERCK & CO INC | MRK | 12,085 | $956,649 | 0.18% |
| 98 | KLA CORP | KLAC | 1,044 | $935,153 | 0.18% |
| 99 | SPDR DOW JONES INDL AVERAGE | 78467X109 | 2,103 | $926,705 | 0.18% |
| 100 | SCHWAB STRATEGIC TR | 808524748 | 21,835 | $918,145 | 0.18% |
| 101 | U S PHYSICAL THERAPY | USPH | 11,615 | $908,293 | 0.17% |
| 102 | SPROTT PHYSICAL GOLD TR | SII | 35,008 | $887,453 | 0.17% |
| 103 | TRANE TECHNOLOGIES PLC | TT | 2,023 | $884,817 | 0.17% |
| 104 | MASTERCARD INCORPORATED | MA | 1,547 | $869,561 | 0.17% |
| 105 | QUALCOMM INC | QCOM | 5,160 | $821,827 | 0.16% |
| 106 | NETFLIX INC | NFLX | 613 | $820,918 | 0.16% |
| 107 | ALLY FINL INC | 02005N100 | 20,503 | $798,592 | 0.15% |
| 108 | MERCADOLIBRE INC | MELI | 305 | $797,157 | 0.15% |
| 109 | ISHARES TR | 464287150 | 5,846 | $789,412 | 0.15% |
| 110 | VANGUARD INDEX FDS | 922908629 | 2,747 | $768,599 | 0.15% |
| 111 | RTX CORPORATION | RTX | 5,188 | $757,552 | 0.15% |
| 112 | VANGUARD INTL EQUITY INDEX F | 922042718 | 5,343 | $718,046 | 0.14% |
| 113 | ISHARES TR | 46432F339 | 3,886 | $710,439 | 0.14% |
| 114 | HONEYWELL INTL INC | 438516106 | 3,020 | $703,298 | 0.13% |
| 115 | PALO ALTO NETWORKS INC | PANW | 3,371 | $689,784 | 0.13% |
| 116 | ISHARES GOLD TR | IAU | 10,842 | $676,107 | 0.13% |
| 117 | MCDONALDS CORP | MCD | 2,290 | $669,078 | 0.13% |
| 118 | COCA COLA CO | KO | 9,349 | $661,465 | 0.13% |
| 119 | GOLDMAN SACHS PHYSICAL GOLD | 38150K103 | 20,020 | $654,254 | 0.13% |
| 120 | SBA COMMUNICATIONS CORP NEW | SBAC | 2,727 | $640,409 | 0.12% |
| 121 | STARBUCKS CORP | SBUX | 6,899 | $632,168 | 0.12% |
| 122 | COLGATE PALMOLIVE CO | CL | 6,805 | $618,575 | 0.12% |
| 123 | PEPSICO INC | PEP | 4,614 | $609,169 | 0.12% |
| 124 | BLACKSTONE MTG TR INC | BX | 30,847 | $593,803 | 0.11% |
| 125 | UNITEDHEALTH GROUP INC | UNH | 1,728 | $538,950 | 0.10% |
| 126 | AMERICAN EXPRESS CO | AXP | 1,683 | $536,986 | 0.10% |
| 127 | VALERO ENERGY CORP | VLO | 3,878 | $521,227 | 0.10% |
| 128 | ADVANCED MICRO DEVICES INC | AMD | 3,658 | $519,070 | 0.10% |
| 129 | PHILIP MORRIS INTL INC | 718172109 | 2,847 | $518,601 | 0.10% |
| 130 | GE HEALTHCARE TECHNOLOGIES I | GEHC | 6,848 | $507,237 | 0.10% |
| 131 | ANALOG DEVICES INC | ADI | 2,112 | $502,723 | 0.10% |
| 132 | UNION PAC CORP | UNP | 2,159 | $496,757 | 0.10% |
| 133 | CINTAS CORP | CTAS | 2,129 | $474,431 | 0.09% |
| 134 | ISHARES TR | 464287630 | 3,002 | $473,596 | 0.09% |
| 135 | SERVICENOW INC | NOW | 453 | $465,720 | 0.09% |
| 136 | CARNIVAL CORP | CUKPF | 16,429 | $461,975 | 0.09% |
| 137 | ADOBE INC | ADBE | 1,177 | $455,410 | 0.09% |
| 138 | PAN AMERN SILVER CORP | 697900108 | 15,980 | $453,832 | 0.09% |
| 139 | LOWES COS INC | 548661107 | 2,028 | $449,952 | 0.09% |
| 140 | INVESCO EXCHANGE TRADED FD T | IVZ | 6,278 | $447,370 | 0.09% |
| 141 | VANGUARD INDEX FDS | 922908553 | 4,971 | $442,717 | 0.08% |
| 142 | ISHARES TR | 464287481 | 3,180 | $441,002 | 0.08% |
| 143 | GOLDMAN SACHS ETF TR | NVGLF | 3,612 | $438,425 | 0.08% |
| 144 | HUNTINGTON BANCSHARES INC | HBANP | 25,961 | $435,106 | 0.08% |
| 145 | MPLX LP | MPLXP | 8,347 | $429,946 | 0.08% |
| 146 | AFLAC INC | AFL | 4,051 | $427,187 | 0.08% |
| 147 | VERITEX HLDGS INC | 923451108 | 16,295 | $425,300 | 0.08% |
| 148 | SPDR SERIES TRUST | 78468R812 | 2,593 | $422,892 | 0.08% |
| 149 | TAIWAN SEMICONDUCTOR MFG LTD | 874039100 | 1,851 | $419,233 | 0.08% |
| 150 | TJX COS INC NEW | 872540109 | 3,391 | $418,786 | 0.08% |
| 151 | DISNEY WALT CO | 254687106 | 3,335 | $413,634 | 0.08% |
| 152 | HCA HEALTHCARE INC | HCA | 1,075 | $411,854 | 0.08% |
| 153 | ISHARES TR | 464288158 | 3,816 | $405,793 | 0.08% |
| 154 | NOVO-NORDISK A S | NONOF | 5,732 | $395,623 | 0.08% |
| 155 | INTUIT | INTU | 492 | $387,514 | 0.07% |
| 156 | ENTERGY CORP NEW | ENO | 4,613 | $383,469 | 0.07% |
| 157 | NATIONAL BK HLDGS CORP | 633707104 | 10,091 | $379,523 | 0.07% |
| 158 | WP CAREY INC | 92936U109 | 5,859 | $365,484 | 0.07% |
| 159 | ASTRAZENECA PLC | AZN | 5,229 | $365,403 | 0.07% |
| 160 | INVESCO EXCHANGE TRADED FD T | IVZ | 2,549 | $361,168 | 0.07% |
| 161 | AON PLC | AON | 1,011 | $360,684 | 0.07% |
| 162 | TARGET CORP | TGT | 3,650 | $360,046 | 0.07% |
| 163 | ISHARES TR | 464287655 | 1,656 | $357,350 | 0.07% |
| 164 | HONDA MOTOR LTD | HNDAF | 12,359 | $356,310 | 0.07% |
| 165 | YUM BRANDS INC | YUM | 2,353 | $348,668 | 0.07% |
| 166 | VANGUARD WORLD FD | 92204A702 | 519 | $344,356 | 0.07% |
| 167 | ISHARES TR | 46432F834 | 4,443 | $343,520 | 0.07% |
| 168 | VANGUARD INTL EQUITY INDEX F | 922042858 | 6,768 | $334,751 | 0.06% |
| 169 | OUSTER INC | OUST | 13,773 | $333,995 | 0.06% |
| 170 | QUANTA SVCS INC | 74762E102 | 863 | $326,283 | 0.06% |
| 171 | EMERSON ELEC CO | EMR | 2,431 | $324,125 | 0.06% |
| 172 | SOUTHWEST AIRLS CO | 844741108 | 9,963 | $323,210 | 0.06% |
| 173 | 3M CO | MMM | 2,122 | $323,053 | 0.06% |
| 174 | ROLLINS INC | ROL | 5,658 | $319,224 | 0.06% |
| 175 | PUBLIC STORAGE OPER CO | PSA-PS | 1,077 | $316,056 | 0.06% |
| 176 | T-MOBILE US INC | TMUSZ | 1,320 | $314,537 | 0.06% |
| 177 | ROPER TECHNOLOGIES INC | ROP | 552 | $312,896 | 0.06% |
| 178 | DIMENSIONAL ETF TRUST | 25434V401 | 4,666 | $312,715 | 0.06% |
| 179 | INVESCO EXCHANGE TRADED FD T | IVZ | 2,874 | $312,088 | 0.06% |
| 180 | HENRY JACK & ASSOC INC | 426281101 | 1,703 | $306,830 | 0.06% |
| 181 | CAMDEN PPTY TR | 133131102 | 2,711 | $305,503 | 0.06% |
| 182 | ELEVANCE HEALTH INC | ELV | 765 | $297,613 | 0.06% |
| 183 | AVALONBAY CMNTYS INC | AWX | 1,402 | $285,307 | 0.05% |
| 184 | MSCI INC | MSCI | 493 | $284,333 | 0.05% |
| 185 | VANGUARD WHITEHALL FDS | 921946406 | 2,129 | $283,768 | 0.05% |
| 186 | LOEWS CORP | L | 3,080 | $282,313 | 0.05% |
| 187 | DOMINOS PIZZA INC | DPZ | 626 | $282,076 | 0.05% |
| 188 | VANECK ETF TRUST | 92189F643 | 2,994 | $280,807 | 0.05% |
| 189 | AMGEN INC | AMGN | 1,005 | $280,720 | 0.05% |
| 190 | SCHLUMBERGER LTD | SLB | 8,268 | $279,458 | 0.05% |
| 191 | DIAMONDBACK ENERGY INC | FANG | 2,025 | $278,252 | 0.05% |
| 192 | NUCOR CORP | NUE | 2,113 | $273,718 | 0.05% |
| 193 | VENTAS INC | VTR | 4,300 | $271,545 | 0.05% |
| 194 | PROGRESSIVE CORP | 743315103 | 1,013 | $270,329 | 0.05% |
| 195 | QUEST DIAGNOSTICS INC | DGX | 1,493 | $268,188 | 0.05% |
| 196 | CISCO SYS INC | CSCO | 3,855 | $267,460 | 0.05% |
| 197 | PACER FDS TR | 69374H105 | 5,195 | $263,698 | 0.05% |
| 198 | PACER FDS TR | 69374H881 | 4,644 | $255,884 | 0.05% |
| 199 | SSGA ACTIVE ETF TR | 78467V848 | 6,365 | $255,300 | 0.05% |
| 200 | VANGUARD INDEX FDS | 922908744 | 1,441 | $254,682 | 0.05% |
| 201 | SPDR INDEX SHS FDS | 78463X509 | 5,871 | $250,927 | 0.05% |
| 202 | VANGUARD SPECIALIZED FUNDS | 921908844 | 1,207 | $247,097 | 0.05% |
| 203 | PROLOGIS INC. | PLDGP | 2,341 | $246,121 | 0.05% |
| 204 | VANGUARD TAX-MANAGED FDS | 921943858 | 4,198 | $239,350 | 0.05% |
| 205 | VANGUARD INDEX FDS | 922908736 | 544 | $238,490 | 0.05% |
| 206 | SYNOPSYS INC | SNPS | 458 | $234,807 | 0.05% |
| 207 | WELLTOWER INC | WELL | 1,512 | $232,440 | 0.04% |
| 208 | ONEOK INC NEW | OKE | 2,835 | $231,421 | 0.04% |
| 209 | ROCKWELL AUTOMATION INC | ROK | 691 | $229,529 | 0.04% |
| 210 | GOLDMAN SACHS GROUP INC | GSCE | 320 | $226,480 | 0.04% |
| 211 | SPDR SERIES TRUST | 78464A847 | 3,992 | $217,085 | 0.04% |
| 212 | INTERCONTINENTAL EXCHANGE IN | 45866F104 | 1,175 | $215,588 | 0.04% |
| 213 | DIGITAL RLTY TR INC | 253868103 | 1,235 | $215,298 | 0.04% |
| 214 | TAKE-TWO INTERACTIVE SOFTWAR | TTWO | 882 | $214,194 | 0.04% |
| 215 | THERMO FISHER SCIENTIFIC INC | TMO | 526 | $213,272 | 0.04% |
| 216 | SYSCO CORP | SYY | 2,798 | $211,921 | 0.04% |
| 217 | EURONET WORLDWIDE INC | EEFT | 2,075 | $210,364 | 0.04% |
| 218 | PHILLIPS 66 | PSX | 1,715 | $204,573 | 0.04% |
| 219 | SCHWAB STRATEGIC TR | 808524805 | 9,200 | $203,315 | 0.04% |
| 220 | BIOHARVEST SCIENCES INC | BHST | 21,648 | $145,691 | 0.03% |
| 221 | NORTHERN DYNASTY MINERALS LT | 66510M204 | 52,750 | $70,685 | 0.01% |
| 222 | BANCO BRADESCO S A | 059460303 | 22,267 | $68,805 | 0.01% |