Managers / Q1 2025 · view latest →
TruNorth Capital Management, LLC
CIK 0001639695 · 1090 NORTH 10TH STREET, SUITE 210, KALAMAZOO, MI, 49009 · 269-331-2088
Summary
Trunorth Capital Management, LLC reported $402M in U.S.-listed holdings across 435 positions for Q1 2025.
The portfolio is heavily concentrated: Schwab Strategic Tr alone accounts for 22.8% of reported value.
Compared with Q4 2024, the fund opened 82 new positions and exited 21.
Portfolio Metrics
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- ETP · 89.5% · $360M
- Common Stock · 9.5% · $38M
- Other · 0.5% · $2M
- Closed-End Fund · 0.4% · $1M
- ADR · 0.1% · $537,885
- Other · 0.1% · $215,942
Quarter-over-Quarter Changes full breakdown →
vs Q4 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| TRANE TECHNOLOGIES PLC | NEW | +3.0K | 3.0K | +$1M | $1M |
| J P MORGAN EXCHANGE TRADED F | NEW | +11.6K | 11.6K | +$740,936 | $740,936 |
| ISHARES TR | NEW | +7.8K | 7.8K | +$634,715 | $634,715 |
| ISHARES TR | NEW | +3.1K | 3.1K | +$525,658 | $525,658 |
| ACCENTURE PLC IRELAND | NEW | +1.3K | 1.3K | +$416,261 | $416,261 |
| FDSFACTSET RESH SYS INC | NEW | +900 | 900 | +$409,176 | $409,176 |
| WISDOMTREE TR | NEW | +4.9K | 4.9K | +$385,183 | $385,183 |
| EATON CORP PLC | NEW | +1.3K | 1.3K | +$359,903 | $359,903 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2025
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SCHWAB STRATEGIC TR | US BRD MKT ETF · SHT TM US TRES · INTL EQTY ETF · US AGGREGATE B · US SML CAP ETF · FUNDAMENTAL US L · EMRG MKTEQ ETF · US DIVIDEND EQ | 59.62% | $240M | 10.74M |
| 2 | DFCFDIMENSIONAL ETF TRUST | CORE FIXED INCOM · GLOBAL CORE PLUS · US MKTWIDE VALUE · US SMALL CAP ETF · INTERNATNAL VAL · US TARGETED VLU · WORLD EX US CORE · US CORE EQUITY 2 · US EQUITY MARKET | 12.17% | $49M | 1.10M |
| 3 | ISHARES TR | CORE S&P TTL STK · CORE MSCI EAFE · CORE HIGH DV ETF · NATIONAL MUN ETF · CORE S&P SCP ETF · SHRT NAT MUN ETF · CORE S&P500 ETF · CORE US AGGBD ET · RUS 1000 GRW ETF · MSCI EAFE ETF | 8.08% | $32M | 295.6K |
| 4 | SPDR SER TR | NUVEEN BLMBRG SH · NUVEEN BLMBRG MU · PRTFLO S&P500 HI | 2.45% | $10M | 213.3K |
| 5 | SYKSTRYKER CORPORATIONhistory → | COM | 2.01% | $8M | 21.7K |
| 6 | VTVVANGUARD INDEX FDS | TOTAL STK MKT · S&P 500 ETF SHS · SM CP VAL ETF · VALUE ETF · SMALL CP ETF | 1.96% | $8M | 30.2K |
| 7 | SPDR S&P 500 ETF TR | TR UNIT | 1.46% | $6M | 10.5K |
| 8 | AAPLAPPLE INC | COM | 0.81% | $3M | 14.6K |
| 9 | NVDANVIDIA CORPORATION | COM | 0.72% | $3M | 26.6K |
| 10 | MSFTMICROSOFT CORP | COM | 0.51% | $2M | 5.5K |
| 11 | SPROTT PHYSICAL GOLD TR | UNIT | 0.32% | $1M | 53.5K |
| 12 | VANGUARD BD INDEX FDS | SHORT TRM BOND | 0.30% | $1M | 15.4K |
| 13 | VANGUARD TAX-MANAGED FDS | VAN FTSE DEV MKT | 0.25% | $1M | 20.1K |
| 14 | TRANE TECHNOLOGIES PLC | SHS | 0.25% | $1M | 3.0K |
| 15 | JPMJPMORGAN CHASE & CO. | COM | 0.22% | $897,553 | 3.7K |
| 16 | ORCLORACLE CORP | COM | 0.20% | $823,481 | 5.9K |
| 17 | ISHARES INC | CORE MSCI EMKT | 0.19% | $762,542 | 14.1K |
| 18 | MDYSPDR S&P MIDCAP 400 ETF TR | UTSER1 S&PDCRP | 0.18% | $743,138 | 1.4K |
| 19 | J P MORGAN EXCHANGE TRADED F | INTRNL RES EQT | 0.18% | $740,936 | 11.6K |
| 20 | VVISA INC | COM CL A | 0.16% | $624,870 | 1.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $522M | 114 | Apr 23, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $527M | 118 | Feb 11, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $506M | 408 | Oct 21, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $450M | 353 | Jul 18, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $402M | 435 | May 1, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $366M | 374 | Feb 4, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $338M | 399 | Oct 24, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $308M | 363 | Jul 18, 2024 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.