Filed: 10/14/2025ACC: 0001172661-25-004287
📋 What this filing means
TRUE NORTH ADVISORS, LLC filed this quarterly 13F‑HR report disclosing 215 equity positions with a total reported market value of $629.95M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
215
Positions
$629.95M
Total AUM (reported)
4.75M
Total Shares
Allocation by class
COM$437.86M69.5%
CL B NEW$40.26M6.4%
CL A$26.35M4.2%
TR UNIT$25.74M4.1%
COM NEW$19.43M3.1%
US TREAS BD ETF$8.45M1.3%
INTL SMCP VLU$7.82M1.2%
Portfolio Concentration
Top 3$211.95M33.6%
4–10$143.67M22.8%
11–25$94.73M15.0%
Rest$179.61M28.5%
Top 3 weight
33.6%
Top 10 weight
56.5%
Voting Authority Distribution
Total shares with voting rights: 4.75M
Sole
Full voting authority
0.00
shares
% of voting shares0.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
4.75M
shares
% of voting shares100.0%
Investment Discretion (by position count)
Sole215
Shared0
Other0
Dominant voting typeNone · 100.0% of voting shares
Institutional Holdings215
Rows:
LENNOX INTL INC
SOLEShares177.73K
TypeSH
Market value$94.08M
14.93%
Sole
0.00
Shared
0.00
None
177.73K
APPLE INC
SOLEShares304.81K
TypeSH
Market value$77.61M
12.32%
Sole
0.00
Shared
0.00
None
304.81K
BERKSHIRE HATHAWAY INC DEL
SOLEShares80.07K
TypeSH
Market value$40.26M
6.39%
Sole
0.00
Shared
0.00
None
80.07K
AMAZON COM INC
SOLEShares138.76K
TypeSH
Market value$30.47M
4.84%
Sole
0.00
Shared
0.00
None
138.76K
SPDR S&P 500 ETF TR
SOLEShares38.63K
TypeSH
Market value$25.74M
4.09%
Sole
0.00
Shared
0.00
None
38.63K
NVIDIA CORPORATION
SOLEShares128.24K
TypeSH
Market value$23.93M
3.80%
Sole
0.00
Shared
0.00
None
128.24K
MICROSOFT CORP
SOLEShares40.41K
TypeSH
Market value$20.93M
3.32%
Sole
0.00
Shared
0.00
None
40.41K
META PLATFORMS INC
SOLEShares23.01K
TypeSH
Market value$16.90M
2.68%
Sole
0.00
Shared
0.00
None
23.01K
BANK AMERICA CORP
SOLEShares266.59K
TypeSH
Market value$13.75M
2.18%
Sole
0.00
Shared
0.00
None
266.59K
BROADCOM INC
SOLEShares36.24K
TypeSH
Market value$11.95M
1.90%
Sole
0.00
Shared
0.00
None
36.24K
COSTCO WHSL CORP NEW
SOLEShares9.88K
TypeSH
Market value$9.15M
1.45%
Sole
0.00
Shared
0.00
None
9.88K
ISHARES TR
SOLEShares365.42K
TypeSH
Market value$8.45M
1.34%
Sole
0.00
Shared
0.00
None
365.42K
AMERICAN CENTY ETF TR
SOLEShares87.81K
TypeSH
Market value$7.82M
1.24%
Sole
0.00
Shared
0.00
None
87.81K
EXXON MOBIL CORP
SOLEShares68K
TypeSH
Market value$7.67M
1.22%
Sole
0.00
Shared
0.00
None
68K
ISHARES GOLD TR
SOLEShares103.88K
TypeSH
Market value$7.56M
1.20%
Sole
0.00
Shared
0.00
None
103.88K
FASTENAL CO
SOLEShares138.99K
TypeSH
Market value$6.82M
1.08%
Sole
0.00
Shared
0.00
None
138.99K
GE AEROSPACE
SOLEShares21.52K
TypeSH
Market value$6.47M
1.03%
Sole
0.00
Shared
0.00
None
21.52K
JPMORGAN CHASE & CO.
SOLEShares20.16K
TypeSH
Market value$6.36M
1.01%
Sole
0.00
Shared
0.00
None
20.16K
VISA INC
SOLEShares16.98K
TypeSH
Market value$5.80M
0.92%
Sole
0.00
Shared
0.00
None
16.98K
ISHARES TR
SOLEShares12.03K
TypeSH
Market value$5.63M
0.89%
Sole
0.00
Shared
0.00
None
12.03K
CARMAX INC
SOLEShares123.74K
TypeSH
Market value$5.55M
0.88%
Sole
0.00
Shared
0.00
None
123.74K
ENTERPRISE PRODS PARTNERS L
SOLEShares150.67K
TypeSH
Market value$4.71M
0.75%
Sole
0.00
Shared
0.00
None
150.67K
LAM RESEARCH CORP
SOLEShares32.68K
TypeSH
Market value$4.38M
0.69%
Sole
0.00
Shared
0.00
None
32.68K
ABBVIE INC
SOLEShares18.20K
TypeSH
Market value$4.22M
0.67%
Sole
0.00
Shared
0.00
None
18.20K
AMPHENOL CORP NEW
SOLEShares33.55K
TypeSH
Market value$4.15M
0.66%
Sole
0.00
Shared
0.00
None
33.55K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
LENNOX INTL INCSOLE | COM | 177.73K | SH | $94.08M 14.93% | 0.00 | 0.00 | 177.73K |
APPLE INCSOLE | COM | 304.81K | SH | $77.61M 12.32% | 0.00 | 0.00 | 304.81K |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 80.07K | SH | $40.26M 6.39% | 0.00 | 0.00 | 80.07K |
AMAZON COM INCSOLE | COM | 138.76K | SH | $30.47M 4.84% | 0.00 | 0.00 | 138.76K |
SPDR S&P 500 ETF TRSOLE | TR UNIT | 38.63K | SH | $25.74M 4.09% | 0.00 | 0.00 | 38.63K |
NVIDIA CORPORATIONSOLE | COM | 128.24K | SH | $23.93M 3.80% | 0.00 | 0.00 | 128.24K |
MICROSOFT CORPSOLE | COM | 40.41K | SH | $20.93M 3.32% | 0.00 | 0.00 | 40.41K |
META PLATFORMS INCSOLE | CL A | 23.01K | SH | $16.90M 2.68% | 0.00 | 0.00 | 23.01K |
BANK AMERICA CORPSOLE | COM | 266.59K | SH | $13.75M 2.18% | 0.00 | 0.00 | 266.59K |
BROADCOM INCSOLE | COM | 36.24K | SH | $11.95M 1.90% | 0.00 | 0.00 | 36.24K |
COSTCO WHSL CORP NEWSOLE | COM | 9.88K | SH | $9.15M 1.45% | 0.00 | 0.00 | 9.88K |
ISHARES TRSOLE | US TREAS BD ETF | 365.42K | SH | $8.45M 1.34% | 0.00 | 0.00 | 365.42K |
AMERICAN CENTY ETF TRSOLE | INTL SMCP VLU | 87.81K | SH | $7.82M 1.24% | 0.00 | 0.00 | 87.81K |
EXXON MOBIL CORPSOLE | COM | 68K | SH | $7.67M 1.22% | 0.00 | 0.00 | 68K |
ISHARES GOLD TRSOLE | ISHARES NEW | 103.88K | SH | $7.56M 1.20% | 0.00 | 0.00 | 103.88K |
FASTENAL COSOLE | COM | 138.99K | SH | $6.82M 1.08% | 0.00 | 0.00 | 138.99K |
GE AEROSPACESOLE | COM NEW | 21.52K | SH | $6.47M 1.03% | 0.00 | 0.00 | 21.52K |
JPMORGAN CHASE & CO.SOLE | COM | 20.16K | SH | $6.36M 1.01% | 0.00 | 0.00 | 20.16K |
VISA INCSOLE | COM CL A | 16.98K | SH | $5.80M 0.92% | 0.00 | 0.00 | 16.98K |
ISHARES TRSOLE | RUS 1000 GRW ETF | 12.03K | SH | $5.63M 0.89% | 0.00 | 0.00 | 12.03K |
CARMAX INCSOLE | COM | 123.74K | SH | $5.55M 0.88% | 0.00 | 0.00 | 123.74K |
ENTERPRISE PRODS PARTNERS LSOLE | COM | 150.67K | SH | $4.71M 0.75% | 0.00 | 0.00 | 150.67K |
LAM RESEARCH CORPSOLE | COM NEW | 32.68K | SH | $4.38M 0.69% | 0.00 | 0.00 | 32.68K |
ABBVIE INCSOLE | COM | 18.20K | SH | $4.22M 0.67% | 0.00 | 0.00 | 18.20K |
AMPHENOL CORP NEWSOLE | CL A | 33.55K | SH | $4.15M 0.66% | 0.00 | 0.00 | 33.55K |
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