TruNorth Capital Management, LLC
Long book
$521.6M
Q1 2026
Positions
114
Top-10 weight
75%
concentration
Last quarter
+10.1%
SPY +14.8%
Turnover
22%
of book per quarter
Strategy in plain words
auto-generated from filingsTruNorth Capital Management, LLC is a wealth-management firm allocating client money, running a $521.6M US long book across 114 positions.
The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is modest: positions are typically held for years. Current anchor positions: SCHWAB US BROAD MARKET ETF, SCHWAB INTL EQUITY ETF, SCHWAB SHORT-TERM US TREAS, SCHWAB US AGGREGATE BOND ETF, DIMENSIONAL CORE FIXED INC.
Over the last 9 quarters its long book ran on average 1.1pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+1.0%
Q2 2024
+6.2%
Q3 2024
-0.7%
Q4 2024
-0.8%
Q1 2025
+7.5%
Q2 2025
+6.1%
Q3 2025
+2.4%
Q4 2025
-1.1%
Q1 2026
+10.1%
Sector allocation
Technology 48%
Healthcare 22%
Industrials 8%
Financials 7%
Consumer discretionary 7%
Services media 4%
Energy 2%
Other 1%
Long book by quarter
What does TruNorth Capital own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| SYK STRYKER CORP | Healthcare | 21.9K | $7.2M | 1.4% | +0.4% |
| NVDA NVIDIA CORP | Technology | 28.2K | $4.9M | 0.9% | -15.4% |
| AAPL APPLE INC | Technology | 16.1K | $4.1M | 0.8% | +3.9% |
| MSFT MICROSOFT CORP | Technology | 7.2K | $2.7M | 0.5% | -5.6% |
| GOOGL ALPHABET INC-CL A | Technology | 5.2K | $1.5M | 0.3% | -2.0% |
| AMZN AMAZON.COM INC | Consumer discretionary | 6.1K | $1.3M | 0.2% | -0.4% |
| TT TRANE TECHNOLOGIES PLC | Technology | 3.0K | $1.3M | 0.2% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 3.4K | $992K | 0.2% | -0.5% |
| TSLA TESLA INC | Industrials | 2.5K | $924K | 0.2% | -3.0% |
| AMAT APPLIED MATERIALS INC | Technology | 2.6K | $879K | 0.2% | +2.9% |
| V VISA INC-CLASS A SHARES | Services media | 2.9K | $866K | 0.2% | -2.6% |
| ORCL ORACLE CORP | Technology | 5.5K | $813K | 0.2% | -11.0% |
| GOOG ALPHABET INC-CL C | Technology | 2.3K | $656K | 0.1% | Held |
| AVGO BROADCOM INC | Technology | 1.9K | $587K | 0.1% | -8.6% |
| META META PLATFORMS INC-CLASS A | Technology | 1.0K | $586K | 0.1% | +2.0% |
| LLY ELI LILLY & CO | Healthcare | 625 | $575K | 0.1% | Held |
| MCD MCDONALD'S CORP | Consumer discretionary | 1.8K | $572K | 0.1% | -1.0% |
| ETN EATON CORP PLC | Industrials | 1.3K | $465K | 0.1% | +4.2% |
| IBKR INTERACTIVE BROKERS GRO-CL A | Financials | 6.9K | $461K | 0.1% | -1.4% |
| ABT ABBOTT LABORATORIES | Healthcare | 4.3K | $445K | 0.1% | Held |
| CVX CHEVRON CORP | Energy | 2.2K | $445K | 0.1% | +4.0% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 1.7K | $419K | 0.1% | -6.3% |
| ABBV ABBVIE INC | Healthcare | 1.8K | $390K | 0.1% | +0.3% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.5K | $367K | 0.1% | +8.2% |
| WRB WR BERKLEY CORP | Financials | 5.2K | $347K | 0.1% | Held |
| ZWS ZURN ELKAY WATER SOLUTIONS C | Industrials | 7.2K | $322K | 0.1% | Held |
| ALLE ALLEGION PLC | Services media | 2.1K | $298K | 0.1% | Held |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 297 | $296K | 0.1% | +12.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 612 | $293K | 0.1% | -10.7% |
| TDY TELEDYNE TECHNOLOGIES INC | Technology | 480 | $290K | 0.1% | Held |
| NDSN NORDSON CORP | Industrials | 1.1K | $284K | 0.1% | Held |
| PH PARKER HANNIFIN CORP | Industrials | 310 | $278K | 0.1% | Held |
| ROL ROLLINS INC | Services media | 5.2K | $277K | 0.1% | Held |
| NUE NUCOR CORP | Industrials | 1.6K | $271K | 0.1% | -5.7% |
| XOM EXXON MOBIL CORP | Energy | 1.6K | $268K | 0.1% | New |
| LPLA LPL FINANCIAL HOLDINGS INC | Financials | 891 | $268K | 0.1% | -19.7% |
| USB US BANCORP | Financials | 4.9K | $256K | 0.0% | Held |
| CSCO CISCO SYSTEMS INC | Technology | 3.1K | $238K | 0.0% | +2.0% |
| WMT WALMART INC | Consumer discretionary | 1.9K | $234K | 0.0% | New |
| MA MASTERCARD INC - A | Services media | 467 | $233K | 0.0% | -9.8% |
| SHOP SHOPIFY INC - CLASS A | Technology | 1.9K | $231K | 0.0% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 23, 2026 | 114 | $521.6M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 118 | $526.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 21, 2025 | 408 | $505.5M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 18, 2025 | 353 | $450.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 1, 2025 | 435 | $402.3M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 4, 2025 | 374 | $365.9M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 24, 2024 | 399 | $337.6M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 18, 2024 | 363 | $308.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Jun 17, 2024 | 268 | $290.1M | canonical | SEC ↗ |