TRUE NORTH ADVISORS, LLC

Filed: 7/22/2026ACC: 0001172661-26-002749

📋 What this filing means

TRUE NORTH ADVISORS, LLC filed this quarterly 13F‑HR report disclosing 291 equity positions with a total reported market value of $1.05B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

291

Positions

$1.05B

Total AUM (reported)

12.44M

Total Shares

Allocation by class

COM$454.53M43.5%

FUNDAMENTAL US L$66.58M6.4%

AVANTIS INTL SML$33.83M3.2%

CAP STK CL A$32.77M3.1%

TR UNIT$31.08M3.0%

CL B NEW$24.65M2.4%

COM NEW$23.34M2.2%

Portfolio Concentration

Top 3$245.81M23.5%

4–10$204.08M19.5%

11–25$217.87M20.8%

Rest$378.22M36.2%

Top 3 weight

23.5%

Top 10 weight

43.0%

Voting Authority Distribution

Total shares with voting rights: 12.44M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

12.44M

% of voting shares100.0%

Investment Discretion (by position count)

Sole291

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings291

Rows:

LENNOX INTL INC

SOLE

COM

Shares161.11K

TypeSH

Market value$92.31M

8.83%

Sole

0.00

Shared

0.00

None

161.11K

APPLE INC

SOLE

COM

Shares300.39K

TypeSH

Market value$86.92M

8.31%

Sole

0.00

Shared

0.00

None

300.39K

SCHWAB STRATEGIC TR

SOLE

FUNDAMENTAL US L

Shares2.14M

TypeSH

Market value$66.58M

6.37%

Sole

0.00

Shared

0.00

None

2.14M

AMERICAN CENTY ETF TR

SOLE

AVANTIS INTL SML

Shares449.54K

TypeSH

Market value$33.83M

3.23%

Sole

0.00

Shared

0.00

None

449.54K

ALPHABET INC

SOLE

CAP STK CL A

Shares92.30K

TypeSH

Market value$32.77M

3.13%

Sole

0.00

Shared

0.00

None

92.30K

AMAZON COM INC

SOLE

COM

Shares132.55K

TypeSH

Market value$31.59M

3.02%

Sole

0.00

Shared

0.00

None

132.55K

STATE STR SPDR S&P 500 ETF T

SOLE

TR UNIT

Shares41.62K

TypeSH

Market value$31.08M

2.97%

Sole

0.00

Shared

0.00

None

41.62K

NVIDIA CORPORATION

SOLE

COM

Shares138.09K

TypeSH

Market value$27.63M

2.64%

Sole

0.00

Shared

0.00

None

138.09K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares49.26K

TypeSH

Market value$24.65M

2.36%

Sole

0.00

Shared

0.00

None

49.26K

VANGUARD TAX-MANAGED FDS

SOLE

VAN FTSE DEV MKT

Shares316.11K

TypeSH

Market value$22.52M

2.15%

Sole

0.00

Shared

0.00

None

316.11K

J P MORGAN EXCHANGE TRADED F

SOLE

INCOME ETF

Shares488.50K

TypeSH

Market value$22.50M

2.15%

Sole

0.00

Shared

0.00

None

488.50K

PIMCO ETF TR

SOLE

MULTISECTOR BD

Shares720.47K

TypeSH

Market value$19.11M

1.83%

Sole

0.00

Shared

0.00

None

720.47K

TCW ETF TRUST

SOLE

FLEXIBLE INCOME

Shares484.71K

TypeSH

Market value$19.01M

1.82%

Sole

0.00

Shared

0.00

None

484.71K

VANGUARD INDEX FDS

SOLE

SMALL CP ETF

Shares61.75K

TypeSH

Market value$18.72M

1.79%

Sole

0.00

Shared

0.00

None

61.75K

BANK OF AMER CORP

SOLE

COM

Shares264.02K

TypeSH

Market value$15.04M

1.44%

Sole

0.00

Shared

0.00

None

264.02K

SCHWAB STRATEGIC TR

SOLE

US BRD MKT ETF

Shares511.65K

TypeSH

Market value$14.82M

1.42%

Sole

0.00

Shared

0.00

None

511.65K

AMERICAN CENTY ETF TR

SOLE

AVANTIS EMGMKT

Shares151.22K

TypeSH

Market value$14.59M

1.39%

Sole

0.00

Shared

0.00

None

151.22K

MICROSOFT CORP

SOLE

COM

Shares39.01K

TypeSH

Market value$14.55M

1.39%

Sole

0.00

Shared

0.00

None

39.01K

INVESCO EXCHANGE TRADED FD T

SOLE

S&P500 EQL WGT

Shares64.88K

TypeSH

Market value$13.80M

1.32%

Sole

0.00

Shared

0.00

None

64.88K

ISHARES TR

SOLE

CORE MSCI INTL

Shares146.01K

TypeSH

Market value$13.00M

1.24%

Sole

0.00

Shared

0.00

None

146.01K

J P MORGAN EXCHANGE TRADED F

SOLE

US QUALTY FCTR

Shares167.31K

TypeSH

Market value$12.09M

1.16%

Sole

0.00

Shared

0.00

None

167.31K

AMERICAN CENTY ETF TR

SOLE

INTL EQT ETF

Shares119.72K

TypeSH

Market value$10.68M

1.02%

Sole

0.00

Shared

0.00

None

119.72K

COSTCO WHOLESALE CORPORATION

SOLE

COM

Shares10.77K

TypeSH

Market value$10.08M

0.96%

Sole

0.00

Shared

0.00

None

10.77K

JANUS DETROIT STR TR

SOLE

HENDERSON MTG

Shares221.28K

TypeSH

Market value$9.96M

0.95%

Sole

0.00

Shared

0.00

None

221.28K

META PLATFORMS INC

SOLE

CL A

Shares17.63K

TypeSH

Market value$9.93M

0.95%

Sole

0.00

Shared

0.00

None

17.63K

Issuer	Class	Shares	Type	Value / Portfolio %	None
LENNOX INTL INCSOLE	COM	161.11K	SH	$92.31M 8.83%	161.11K
APPLE INCSOLE	COM	300.39K	SH	$86.92M 8.31%	300.39K
SCHWAB STRATEGIC TRSOLE	FUNDAMENTAL US L	2.14M	SH	$66.58M 6.37%	2.14M
AMERICAN CENTY ETF TRSOLE	AVANTIS INTL SML	449.54K	SH	$33.83M 3.23%	449.54K
ALPHABET INCSOLE	CAP STK CL A	92.30K	SH	$32.77M 3.13%	92.30K
AMAZON COM INCSOLE	COM	132.55K	SH	$31.59M 3.02%	132.55K
STATE STR SPDR S&P 500 ETF TSOLE	TR UNIT	41.62K	SH	$31.08M 2.97%	41.62K
NVIDIA CORPORATIONSOLE	COM	138.09K	SH	$27.63M 2.64%	138.09K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	49.26K	SH	$24.65M 2.36%	49.26K
VANGUARD TAX-MANAGED FDSSOLE	VAN FTSE DEV MKT	316.11K	SH	$22.52M 2.15%	316.11K
J P MORGAN EXCHANGE TRADED FSOLE	INCOME ETF	488.50K	SH	$22.50M 2.15%	488.50K
PIMCO ETF TRSOLE	MULTISECTOR BD	720.47K	SH	$19.11M 1.83%	720.47K
TCW ETF TRUSTSOLE	FLEXIBLE INCOME	484.71K	SH	$19.01M 1.82%	484.71K
VANGUARD INDEX FDSSOLE	SMALL CP ETF	61.75K	SH	$18.72M 1.79%	61.75K
BANK OF AMER CORPSOLE	COM	264.02K	SH	$15.04M 1.44%	264.02K
SCHWAB STRATEGIC TRSOLE	US BRD MKT ETF	511.65K	SH	$14.82M 1.42%	511.65K
AMERICAN CENTY ETF TRSOLE	AVANTIS EMGMKT	151.22K	SH	$14.59M 1.39%	151.22K
MICROSOFT CORPSOLE	COM	39.01K	SH	$14.55M 1.39%	39.01K
INVESCO EXCHANGE TRADED FD TSOLE	S&P500 EQL WGT	64.88K	SH	$13.80M 1.32%	64.88K
ISHARES TRSOLE	CORE MSCI INTL	146.01K	SH	$13.00M 1.24%	146.01K
J P MORGAN EXCHANGE TRADED FSOLE	US QUALTY FCTR	167.31K	SH	$12.09M 1.16%	167.31K
AMERICAN CENTY ETF TRSOLE	INTL EQT ETF	119.72K	SH	$10.68M 1.02%	119.72K
COSTCO WHOLESALE CORPORATIONSOLE	COM	10.77K	SH	$10.08M 0.96%	10.77K
JANUS DETROIT STR TRSOLE	HENDERSON MTG	221.28K	SH	$9.96M 0.95%	221.28K
META PLATFORMS INCSOLE	CL A	17.63K	SH	$9.93M 0.95%	17.63K

Page 1 of 12

…