True North Advisors portfolio

What changed this quarter

269 positions with a change (48 new, 90 added to, 94 trimmed, 37 sold). 4 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares 0-3 Month Treasury B ETF+18.7 ppof portfolioNew
  — → 18.7%
• Vanguard S&P 500 ETF+2.5 ppof portfolioNew
  — → 2.5%
• WisdomTree Floating Rate TRE ETF+1.0 ppof portfolioNew
  — → 1.0%
• Alphabet+0.6 ppof portfolioIncreased
  3.2% → 3.0%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• iShares 0-3 Month Treasury B ETFSGOV18.7%
• AppleAAPL7.9%
• Schwab Fndmntl US LRG Co ETFFNDX5.0%
• Lennox InternationalLII4.1%
• AlphabetGOOG · GOOGL3.0%
• American Centy ETF TrAVDS2.7%
• Vanguard S&P 500 ETFVOO2.5%
• Amazon.comAMZN2.4%
• State Str Spdr S&P 500 ETF TSPY2.3%
• NVIDIANVDA2.1%
• Berkshire HathawayBRK/B1.9%
• Vanguard Ftse Developed ETFVEA1.8%
• J P Morgan Exchange Traded FundJPIE1.5%
• MicrosoftMSFT1.5%
• TCW ETF TrustFLXR1.3%
• Vanguard Most Sm-cap ETF-usd ETFVB1.3%
• Pimco Multisector Bond Actv ETFPYLD1.2%
• Invesco Exchange Traded Fund TRSP1.1%
• American Centy ETF TrAVEM1.1%
• Schwab US Broad Market ETFSCHB1.1%
• Bank of AmericaBAC1.1%
• Costco WholesaleCOST1.0%
• WisdomTree Floating Rate TRE ETFUSFR1.0%
• iShares Core Msci DEV Mkts ETFIDEV1.0%
• American Centy ETF TrAVDE0.9%
• J P Morgan Exchange Traded FundJQUA0.9%
• Meta PlatformsMETA0.8%
• American Centy ETF TrAVDV0.8%
• FastenalFAST0.7%
• Exxon MobilXOM0.7%
• Janus Henderson Mortg Backed ETFJMBS0.7%
• BroadcomAVGO0.7%
• iShares US Treasury Bond ETFGOVT0.6%
• Vanguard Index FundsVTI0.5%
• GE AerospaceGE0.5%
• iShares Gold Trust ETFIAU0.5%
• Invesco QQQ Trust Series 1 ETFQQQ0.5%
• Schwab US Large-cap ETFSCHX0.5%
• VisaV0.5%
• JPMorgan ChaseJPM0.4%
• CaterpillarCAT0.4%
• Barclays BankVXX0.4%
• Pimco Intermediate Municipal ETFMUNI0.4%
• Green Brick PartnersGRBK0.4%
• GE VernovaGEV0.4%
• Martin Marietta MaterialsMLM0.4%
• CarmaxKMX0.4%
• Eli LillyLLY0.4%
• Lam ResearchLRCX0.4%
• EA Series TrustRAUS0.4%
• Neos ETF TrustCSHI0.3%
• CortevaCTVA0.3%
• Pimco INV Grade Corp BD ETFCORP0.3%
• AbbVieABBV0.3%
• iShares Core S&P Small-cap E ETFIJR0.3%
• American Centy ETF TrAVUV0.3%
• Schwab Fndmn International LRG Co ETFFNDF0.3%
• Pimco Municipal Income Oppor ETFMINO0.3%
• AmphenolAPH0.3%
• Dimensional ETF TrustDFAC0.3%
• Applied MaterialsAMAT0.3%
• Texas Pacific LandTPL0.2%
• Abrdn Physical Gold Shares ETFSGOL0.2%
• Schwab US Mid Cap ETFSCHM0.2%
• NetAppNTAP0.2%
• ChevronCVX0.2%
• DowDOW0.2%
• Qnity ElectronicsQ0.2%
• Home DepotHD0.2%
• Eaton Vance TAX Advt DivXEVTX0.2%
• Schwab International Equity ETFSCHF0.2%
• State Street Energy Select Sector ETFXLE0.2%
• TeslaTSLA0.2%
• ASML HoldingASML0.2%
• StrykerSYK0.2%
• iShares Russell 1000 Value E ETFIWD0.2%
• AdobeADBE0.2%
• KrogerKR0.2%
• UBER TechnologiesUBER0.2%
• KLAKLAC0.1%
• Johnson & JohnsonJNJ0.1%
• Apollo Global ManagementAPO0.1%
• Vanguard Index FundsVV0.1%
• Dimensional ETF TrustDFAT0.1%
• iShares Core S&P 500 ETFIVV0.1%
• S&P GlobalSPGI0.1%
• Palo Alto NetworksPANW0.1%
• Dupont De NemoursDD0.1%
• BlackstoneBX0.1%
• Vanguard Admiral FundsVIOO0.1%
• iShares Russell 1000 ETFIWB0.1%
• Morgan StanleyMS0.1%
• Schwab US Large-cap Growth ETFSCHG0.1%
• iShares Russell 1000 Growth ETFIWF0.1%
• STE Str SPDR PT DW EU ETFSPDW0.1%
• Nextera EnergyNEE0.1%
• D.R. HortonDHI0.1%
• PaychexPAYX0.1%
• CBRE GroupCBRE0.1%