DOSSIER · 13F-HR · Q3 2026

True North Advisors, LLC

$1.4B in tracked AUM across 302 positions as of Q3 2026.

TN
CIK 0001634556 · last filed Sep 30, 2026
Total AUM
$1.4B
as of Q3 2026
Holdings
302
—
positions
Whale Score
55
55
tracked
Activity
—
no data
changes this Q
AI Analysis · Q3 2026
Portfolio Overview

True North Advisors reported a total 13F portfolio value of $773.54 million as of 2025-12-31 across 250 reported holdings. This represents a very large quarter-over-quarter increase of +281.2% (from $202.94M on 2025-09-30 to $773.54M). The portfolio exhibits a mix of concentrated large positions and a meaningful passive/ETF sleeve: the top 10 holdings represent roughly 46.4% of the portfolio, while reported ETFs total $172.41M or about 22.3% of assets. The combination of (1)...

Key metrics

  • Total value: $773.54M
  • Holdings: 250
  • Quarter change: +281.2% (from $202.94M)
  • Top 10 concentration: ~46.4% of portfolio
  • ETF sleeve: $172.41M = 22.3% of portfolio
Key Holdings and Their Significance

The portfolio is highly concentrated in a few large, liquid names:

Analysis generated by 13F Insight from SEC Form 13F filing data · Q3 2026. Methodology

Quarter at a glance — Q3 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q3 2026.

#HoldingValueSharesWeight
01
SGOV
ISHARES TR
$253M2.5M18.7%
02
AAPL
APPLE INC
$106M319K7.9%
03
FNDX
SCHWAB STRATEGIC TR
$68M2.2M5.0%
04
LII
LENNOX INTL INC
$55M154K4.1%
05
AVDS
AMERICAN CENTY ETF TR
$36M462K2.7%
06
VOO
VANGUARD INDEX FDS
$34M49K2.5%
07
AMZN
AMAZON COM INC
$32M130K2.4%
08
SPY
STATE STR SPDR S&P 500 ETF T
$32M41K2.3%
09
NVDA
NVIDIA CORPORATION
$29M125K2.1%
10
GOOG
ALPHABET INC
$26M77K1.9%

Filing history

2026Q3Sep 30
$1.4B▲ 29.2%
302 positionsView →
2026Q2Jun 30
$1.0B▲ 19.2%
291 positionsView →
2026Q1Mar 31
$877M▲ 13.4%
245 positionsView →
2025Q4Dec 31
$774M▲ 22.8%
250 positionsView →
2025Q3Sep 30
$630M▲ 20.7%
215 positionsLocked
2025Q2Jun 30
$522M▼ 7.5%
222 positionsLocked
2025Q1Mar 31
$564M▲ 33.0%
243 positionsLocked
2024Q4Dec 31
$424M▲ 11.0%
185 positionsLocked
2024Q3Sep 30
$382M▲ 2.1%
185 positionsLocked
2024Q2Jun 30
$374M▲ 3.3%
198 positionsLocked
2024Q1Mar 31
$362M▼ 7.0%
196 positionsLocked
2023Q4Dec 31
$389M▲ 20.0%
189 positionsLocked
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