Tealwood Asset Management Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 9, 2024), Tealwood Asset Management Inc. reported 91 stock positions worth $166.0 million. Its top holding was Outdoor (POWW) at 3.5% of the portfolio, followed by Merck (MRK, 2.6%) and Meta Platforms Class A (META, 2.5%). Compared with Q1 2024, it opened 3 new positions, sold out of 40, added to 13 and reduced 72. The biggest buy was a new position in Allison Transmission (ALSN) and the biggest sale an exit from US Bancorp (USB).

Most Recent 13F
Q2 2026
Location
Minneapolis, MN
CIK
0001164062
Portfolio Value
$166.0M (Q2 2024)
SEC Filing
0001580642-24-003595 ↗ filed Jul 9, 2024

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $220.7M Q1 2024 Q2 2024: $166.0M $166.0M Q2 2024 Q3 2024: $227.1M Q3 2024 Q4 2024: $240.4M Q4 2024 Q1 2025: $216.0M Q1 2025 Q2 2025: $224.7M Q2 2025 Q3 2025: $247.1M Q3 2025 Q4 2025: $222.9M Q4 2025 Q1 2026: $219.8M Q1 2026 Q2 2026: $260.5M Q2 2026

Holdings 91 stocks · $166.0M

POWW Outdoor Holding Co. filed as AMMO INC 3.45% 3,410,000 $5.7M No change
MRK Merck & Co. Inc. 2.57% 34,445 $4.3M Reduce -0.1%
META Meta Platforms Inc. Class A 2.47% 8,132 $4.1M Reduce -0.4%
AVGO Broadcom Inc. 2.41% 2,495 $4.0M Reduce -1.7%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 1.81% 34,150 $3.0M Reduce -0.7%
STX Seagate Technology Holdings 1.79% 28,781 $3.0M Reduce -0.7%
AZN Astrazeneca PLC-Spons ADR 1.77% 37,660 $2.9M Reduce -1.3%
NTAP Netapp Inc. 1.76% 22,740 $2.9M Reduce -25.7%
ABBV Abbvie Inc. 1.72% 16,686 $2.9M Add +0.0%
LMT Lockheed Martin Corp. 1.63% 5,794 $2.7M Reduce -1.2%
MSFT Microsoft Corp. 1.61% 5,984 $2.7M Reduce -0.3%
GEN Gen Digital Inc. 1.56% 103,806 $2.6M Reduce -0.2%
ETN Eaton Corp. PLC 1.56% 8,260 $2.6M Reduce -0.6%
NVS Novartis AG-Sponsored ADR 1.55% 24,220 $2.6M Reduce -0.9%
DLR Digital Realty Trust Inc. 1.55% 16,920 $2.6M Reduce -18.6%
HRB H&R Block Inc. filed as BLOCK H & R INC 1.55% 47,375 $2.6M Reduce -0.5%
GRMN Garmin Ltd. 1.53% 15,549 $2.5M Reduce -0.4%
APO Apollo Global Management Inc. 1.50% 21,097 $2.5M Reduce -0.5%
CMI Cummins Inc. 1.49% 8,932 $2.5M Reduce -1.2%
PANW Palo Alto Networks Inc. 1.48% 7,251 $2.5M Reduce -0.8%
ALSN Allison Transmission Holding 1.43% 31,286 $2.4M New
BX Blackstone Inc. 1.42% 18,984 $2.4M Add +0.1%
HALO Halozyme Therapeutics Inc. 1.40% 44,301 $2.3M Reduce -0.5%
AAPL Apple Inc. 1.37% 10,841 $2.3M Reduce -0.3%
JNJ Johnson & Johnson 1.37% 15,620 $2.3M Reduce -0.1%
ADP Automatic Data Processing 1.37% 9,512 $2.3M Add +0.1%
CSCO Cisco Systems Inc. 1.34% 46,950 $2.2M Add +0.2%
BRK.B Berkshire Hathaway Inc. Class B 1.33% 5,429 $2.2M Reduce -0.4%
GOOGL Alphabet Inc. Class A 1.32% 12,019 $2.2M Reduce -0.5%
HD Home Depot Inc. 1.30% 6,280 $2.2M Reduce -0.5%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 1.30% 27,373 $2.2M Reduce -0.3%
ADBE Adobe Inc. 1.25% 3,730 $2.1M Reduce -0.5%
PH Parker Hannifin Corp. 1.24% 4,086 $2.1M Reduce -0.6%
MCD McDonald's Corp. 1.24% 8,076 $2.1M Add +0.3%
AMD Advanced Micro Devices 1.22% 12,529 $2.0M Reduce -0.5%
MRSH Marsh & McLennan Cos 1.22% 9,609 $2.0M Reduce -0.6%
NVO Novo-Nordisk A/S-Spons ADR 1.20% 14,000 $2.0M Reduce -0.6%
GWW WW Grainger Inc. filed as GRAINGER W W INC 1.18% 2,165 $2.0M Reduce -0.6%
AMAT Applied Materials Inc. 1.14% 8,014 $1.9M Reduce -23.6%
LRCX Lam Research Corp. 1.12% 1,747 $1.9M Reduce -20.6%
MDT Medtronic PLC 1.02% 21,523 $1.7M Add +0.5%
ICLR Icon PLC 1.00% 5,283 $1.7M Reduce -0.6%
NBIX Neurocrine Biosciences Inc. 0.99% 11,899 $1.6M Reduce -0.9%
AMGN Amgen Inc. 0.99% 5,239 $1.6M Reduce -0.7%
PTC PTC Inc. 0.97% 8,862 $1.6M Add +0.1%
AZO AutoZone Inc. 0.96% 537 $1.6M Reduce -0.6%
HUM Humana Inc. 0.94% 4,200 $1.6M Reduce -0.6%
CFG Citizens Financial Group 0.93% 42,699 $1.5M Reduce -0.5%
ICE Intercontinental Exchange Inc. 0.93% 11,235 $1.5M Reduce -0.4%
FTNT Fortinet Inc. 0.92% 25,228 $1.5M Reduce -0.4%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.89% 43,490 $1.5M Reduce -0.0%
MLI Mueller Industries Inc. 0.89% 25,936 $1.5M Reduce -0.3%
MDLZ Mondelez International Inc. Class A 0.87% 22,118 $1.4M Reduce -0.3%
LOGI Logitech International-Reg 0.87% 14,829 $1.4M Reduce -0.2%
BKNG Booking Holdings Inc. 0.85% 357 $1.4M Reduce -0.8%
CACI Caci International Inc. Class A 0.84% 3,259 $1.4M Reduce -0.7%
MNST Monster Beverage Corp. 0.84% 28,075 $1.4M Reduce -0.4%
CVLT Commvault Systems Inc. 0.83% 11,394 $1.4M Reduce -26.8%
CASH Pathward Financial Inc. 0.82% 24,093 $1.4M Reduce -0.4%
MOH Molina Healthcare Inc. 0.81% 4,531 $1.3M Add +0.1%
CROX Crocs Inc. 0.81% 9,165 $1.3M Reduce -0.2%
EXEL Exelixis Inc. 0.80% 59,083 $1.3M Reduce -0.6%
BLK BlackRock Finance Inc. 0.80% 1,684 $1.3M Reduce -0.5%
DECK Deckers Outdoor Corp. 0.79% 1,360 $1.3M Reduce -16.3%
EA Electronic Arts Inc. 0.79% 9,404 $1.3M Reduce -0.2%
GMED Globus Medical Inc. Class A 0.78% 19,013 $1.3M Reduce -0.0%
BOX Box Inc. Class A 0.76% 47,782 $1.3M Add +0.0%
ABT Abbott Laboratories 0.76% 12,105 $1.3M Reduce -0.2%
MAS Masco Corp. 0.72% 17,866 $1.2M Reduce -0.7%
KEYS Keysight Technologies Inc. 0.71% 8,625 $1.2M Reduce -0.2%
HOLX Hologic Inc. 0.71% 15,798 $1.2M Reduce -0.5%
GOGO Gogo Inc. 0.70% 121,176 $1.2M Reduce -0.9%
ON On Semiconductor 0.69% 16,792 $1.2M Reduce -0.2%
GDDY GoDaddy Inc. Class A 0.69% 8,210 $1.1M New
NDAQ Nasdaq Inc. 0.68% 18,789 $1.1M Reduce -0.5%
CPAY Corpay Inc. 0.67% 4,187 $1.1M Add +0.1%
GTLS Chart Industries Inc. 0.67% 7,671 $1.1M Reduce -0.4%
IRDM Iridium Communications Inc. 0.67% 41,524 $1.1M Add +61.5%
CHRD Chord Energy Corp. 0.65% 6,407 $1.1M Add +0.2%
GNTX Gentex Corp. 0.64% 31,449 $1.1M Reduce -0.5%
AWI Armstrong World Industries 0.63% 9,237 $1.0M Reduce -25.4%
FFIV F5 Inc. 0.63% 6,036 $1.0M Reduce -0.9%
KNSL Kinsale Capital Group Inc. 0.62% 2,690 $1.0M New
BMRN Biomarin Pharmaceutical Inc. 0.60% 12,147 $1.0M Reduce -0.4%
COO The Cooper Cos Inc. 0.58% 11,019 $962K Reduce -0.4%
XIFR XPLR Infrastructure LP filed as NEXTERA ENERGY PARTNERS LP 0.50% 29,817 $824K Add +40.9%
G Genpact Ltd. 0.47% 24,417 $786K Reduce -0.9%
T AT&T Inc. 0.40% 34,333 $656K Reduce -0.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.22% 2,125 $368K No change
ECL Ecolab Inc. 0.16% 1,085 $258K No change
LUNR Intuitive Machines Inc. 0.04% 20,000 $66K Reduce -4.3%

Portfolio Sells Q1 2024 → Q2 2024

USB US Bancorp Sold out 0.00% −1.27
UNH Unitedhealth Group Inc. Sold out 0.00% −1.13
UNP Union Pacific Corp. Sold out 0.00% −1.10
CCOI Cogent Communications Holdin Sold out 0.00% −1.06
STT State Street Corp. Sold out 0.00% −0.97
TXN Texas Instruments Inc. Sold out 0.00% −0.95
UPS United Parcel Service Class B Sold out 0.00% −0.84
SCHW Schwab (charles) Corp. Sold out 0.00% −0.83
VRTX Vertex Pharmaceuticals Inc. Sold out 0.00% −0.83
SHW The Sherwin-Williams Co. Sold out 0.00% −0.77
QCOM Qualcomm Inc. Sold out 0.00% −0.76
REGN Regeneron Pharmaceuticals Sold out 0.00% −0.75
V Visa Inc. Class A Sold out 0.00% −0.75
ROST Ross Stores Inc. Sold out 0.00% −0.74
TTWO Take-Two Interactive Softwre Sold out 0.00% −0.73
CRM Salesforce Inc. Sold out 0.00% −0.73
RTX RTX Corp. Sold out 0.00% −0.71
SPGI S&P Global Inc. Sold out 0.00% −0.68
SIMO Silicon Motion Technol-ADR Sold out 0.00% −0.66
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.66
WFC Wells Fargo & Co. Sold out 0.00% −0.65
SYY Sysco Corp. Sold out 0.00% −0.58
SBUX Starbucks Corp. Sold out 0.00% −0.55
PCYO Pure Cycle Corp. Sold out 0.00% −0.51
RCM R1 RCM Inc. Sold out 0.00% −0.51
ZBRA Zebra Technologies Corp. Class A Sold out 0.00% −0.50
VRRM Verra Mobility Corp. Sold out 0.00% −0.50
TER Teradyne Inc. Sold out 0.00% −0.48
SBAC SBA Communications Corp. Sold out 0.00% −0.47
AEE Ameren Corporation Sold out 0.00% −0.46
INCY Incyte Corp. Sold out 0.00% −0.45
TFX Teleflex Inc. Sold out 0.00% −0.45
TDC Teradata Corp. Sold out 0.00% −0.44
SHLS Shoals Technologies Group -A Sold out 0.00% −0.36
TGT Target Corp. Sold out 0.00% −0.29
WMT Walmart Inc. Sold out 0.00% −0.16
ROK Rockwell Automation Inc. Sold out 0.00% −0.15
MOAT Vaneck Morningstar Wide Moat Sold out 0.00% −0.11
AWI Armstrong World Industries Reduce -25.4% 0.63% −0.07
STKL Sunopta Inc. Sold out 0.00% −0.04
LUNR Intuitive Machines Inc. Reduce -4.3% 0.04% −0.02
SHARPLINK GAMING INC Sold out 0.00% −0.01
COO The Cooper Cos Inc. Reduce -0.4% 0.58% +0.07
MAS Masco Corp. Reduce -0.7% 0.72% +0.07
MNST Monster Beverage Corp. Reduce -0.4% 0.84% +0.09
GTLS Chart Industries Inc. Reduce -0.4% 0.67% +0.09
KEYS Keysight Technologies Inc. Reduce -0.2% 0.71% +0.10
DECK Deckers Outdoor Corp. Reduce -16.3% 0.79% +0.10
FFIV F5 Inc. Reduce -0.9% 0.63% +0.10
G Genpact Ltd. Reduce -0.9% 0.47% +0.11

Portfolio Buys Q1 2024 → Q2 2024

ALSN Allison Transmission Holding New 1.43% +1.43
GDDY GoDaddy Inc. Class A New 0.69% +0.69
KNSL Kinsale Capital Group Inc. New 0.62% +0.62
IRDM Iridium Communications Inc. Add +61.5% 0.67% +0.36
ABBV Abbvie Inc. Add +0.0% 1.72% +0.35
ADP Automatic Data Processing Add +0.1% 1.37% +0.29
BX Blackstone Inc. Add +0.1% 1.42% +0.29
CSCO Cisco Systems Inc. Add +0.2% 1.34% +0.28
PTC PTC Inc. Add +0.1% 0.97% +0.21
MCD McDonald's Corp. Add +0.3% 1.24% +0.21
XIFR XPLR Infrastructure LP Add +40.9% 0.50% +0.21
MDT Medtronic PLC Add +0.5% 1.02% +0.17
BOX Box Inc. Class A Add +0.0% 0.76% +0.15
CHRD Chord Energy Corp. Add +0.2% 0.65% +0.13
CPAY Corpay Inc. Add +0.1% 0.67% +0.09
MOH Molina Healthcare Inc. Add +0.1% 0.81% −0.03

Notes & Other Activity Q1 2024 → Q2 2024

RINGCENTRAL INC (RNG 0 03/01/25) NOTE 3/0 · principal Sold out 1,435,000 $1.4Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 121$260.5MDELL, KLAC, LLY, GOOGL, NTAP
Q1 2026 118$219.8MGOOGL, TER, JNJ, AZN, NVS
Q4 2025 119$222.9MGOOGL, KLAC, TEL, AVGO, ABBV
Q3 2025 134$247.1MPOWW, GOOGL, MSFT, ABT, ABBV
Q2 2025 125$224.7MAVGO, POWW, META, GOOGL, CSCO
Q1 2025 127$216.0MPOWW, BJ, ABBV, GOOGL, META
Q4 2024 136$240.4MAVGO, AAPL, META, GOOGL, MSFT
Q3 2024 128$227.1MPOWW, META, AVGO, MRK, LMT
Q2 2024 91$166.0MPOWW, MRK, META, AVGO, BJ
Q1 2024 128$220.7MPOWW, MRK, META, AVGO, NTAP