Tealwood Asset Management Inc.
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 8, 2024), Tealwood Asset Management Inc. reported 128 stock positions worth $227.1 million. Its top holding was Outdoor (POWW) at 2.1% of the portfolio, followed by Meta Platforms Class A (META, 2.0%) and Broadcom (AVGO, 1.9%). Compared with Q2 2024, it opened 37 new positions, added to 31 and reduced 57. The biggest buy was a new position in Unitedhealth (UNH) and the biggest sale Merck (MRK, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- Minneapolis, MN
- CIK
- 0001164062
- Portfolio Value
- $227.1M (Q3 2024)
- SEC Filing
- 0001580642-24-006065 ↗ filed Oct 8, 2024
Holdings Value
Holdings 128 stocks · $227.1M
| POWW Outdoor Holding Co. filed as AMMO INC | 2.15% | 3,410,000 | $4.9M | No change |
| META Meta Platforms Inc. Class A | 2.01% | 7,971 | $4.6M | Reduce -2.0% |
| AVGO Broadcom Inc. | 1.86% | 24,476 | $4.2M | Reduce -1.9% |
| MRK Merck & Co. Inc. | 1.71% | 34,200 | $3.9M | Reduce -0.7% |
| LMT Lockheed Martin Corp. | 1.47% | 5,692 | $3.3M | Reduce -1.8% |
| ABBV Abbvie Inc. | 1.43% | 16,483 | $3.3M | Reduce -1.2% |
| STX Seagate Technology Holdings | 1.37% | 28,422 | $3.1M | Reduce -1.3% |
| HRB H&R Block Inc. filed as BLOCK H & R INC | 1.31% | 46,734 | $3.0M | Reduce -1.4% |
| ALSN Allison Transmission Holding | 1.31% | 30,880 | $3.0M | Reduce -1.3% |
| UNH Unitedhealth Group Inc. | 1.28% | 4,968 | $2.9M | New |
| AZN Astrazeneca PLC-Spons ADR | 1.27% | 37,120 | $2.9M | Reduce -1.4% |
| BX Blackstone Inc. | 1.26% | 18,670 | $2.9M | Reduce -1.6% |
| CMI Cummins Inc. | 1.25% | 8,792 | $2.8M | Reduce -1.6% |
| GEN Gen Digital Inc. | 1.24% | 102,675 | $2.8M | Reduce -1.1% |
| BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC | 1.23% | 33,871 | $2.8M | Reduce -0.8% |
| NTAP Netapp Inc. | 1.22% | 22,480 | $2.8M | Reduce -1.1% |
| USB US Bancorp | 1.22% | 60,598 | $2.8M | New |
| NVS Novartis AG-Sponsored ADR | 1.21% | 23,918 | $2.8M | Reduce -1.3% |
| GRMN Garmin Ltd. | 1.19% | 15,330 | $2.7M | Reduce -1.4% |
| DLR Digital Realty Trust Inc. | 1.19% | 16,645 | $2.7M | Reduce -1.6% |
| APO Apollo Global Management Inc. | 1.16% | 21,052 | $2.6M | Reduce -0.2% |
| MSFT Microsoft Corp. | 1.14% | 6,033 | $2.6M | Add +0.8% |
| ADP Automatic Data Processing | 1.14% | 9,360 | $2.6M | Reduce -1.6% |
| AAPL Apple Inc. | 1.12% | 10,883 | $2.5M | Add +0.4% |
| HALO Halozyme Therapeutics Inc. | 1.11% | 44,119 | $2.5M | Reduce -0.4% |
| HD Home Depot Inc. | 1.11% | 6,218 | $2.5M | Reduce -1.0% |
| JNJ Johnson & Johnson | 1.11% | 15,535 | $2.5M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.11% | 5,455 | $2.5M | Add +0.5% |
| CSCO Cisco Systems Inc. | 1.08% | 46,293 | $2.5M | Reduce -1.4% |
| TXN Texas Instruments Inc. | 1.08% | 11,860 | $2.5M | New |
| STT State Street Corp. | 1.07% | 27,515 | $2.4M | New |
| MCD McDonald's Corp. | 1.07% | 7,972 | $2.4M | Reduce -1.3% |
| UNP Union Pacific Corp. | 1.06% | 9,726 | $2.4M | New |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 1.01% | 40,457 | $2.3M | Reduce -1.5% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.99% | 2,173 | $2.3M | Add +0.4% |
| UPS United Parcel Service Class B | 0.99% | 16,427 | $2.2M | New |
| MRSH Marsh & McLennan Cos | 0.95% | 9,679 | $2.2M | Add +0.7% |
| AMD Advanced Micro Devices | 0.92% | 12,726 | $2.1M | Add +1.6% |
| GOOGL Alphabet Inc. Class A | 0.91% | 12,416 | $2.1M | Add +3.3% |
| FTNT Fortinet Inc. | 0.87% | 25,530 | $2.0M | Add +1.2% |
| RTX RTX Corp. | 0.87% | 16,229 | $2.0M | New |
| ADBE Adobe Inc. | 0.85% | 3,746 | $1.9M | Add +0.4% |
| PH Parker Hannifin Corp. | 0.84% | 3,033 | $1.9M | Reduce -25.8% |
| MDT Medtronic PLC | 0.84% | 21,280 | $1.9M | Reduce -1.1% |
| MLI Mueller Industries Inc. | 0.84% | 25,764 | $1.9M | Reduce -0.7% |
| SHW The Sherwin-Williams Co. | 0.83% | 4,955 | $1.9M | New |
| SPGI S&P Global Inc. | 0.81% | 3,553 | $1.8M | New |
| ICE Intercontinental Exchange Inc. | 0.80% | 11,379 | $1.8M | Add +1.3% |
| CRM Salesforce Inc. | 0.80% | 6,676 | $1.8M | New |
| REGN Regeneron Pharmaceuticals | 0.80% | 1,736 | $1.8M | New |
| CFG Citizens Financial Group | 0.78% | 43,059 | $1.8M | Add +0.8% |
| PANW Palo Alto Networks Inc. | 0.77% | 5,112 | $1.7M | Reduce -29.5% |
| CVLT Commvault Systems Inc. | 0.77% | 11,324 | $1.7M | Reduce -0.6% |
| ETN Eaton Corp. PLC | 0.76% | 5,232 | $1.7M | Reduce -36.7% |
| AMGN Amgen Inc. | 0.75% | 5,309 | $1.7M | Add +1.3% |
| AZO AutoZone Inc. | 0.75% | 542 | $1.7M | Add +0.9% |
| QCOM Qualcomm Inc. | 0.74% | 9,949 | $1.7M | New |
| ROST Ross Stores Inc. | 0.74% | 11,207 | $1.7M | New |
| TTWO Take-Two Interactive Softwre | 0.74% | 10,975 | $1.7M | New |
| NVO Novo-Nordisk A/S-Spons ADR | 0.74% | 14,116 | $1.7M | Add +0.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.74% | 3,613 | $1.7M | New |
| SCHW Schwab (charles) Corp. | 0.73% | 25,746 | $1.7M | New |
| MDLZ Mondelez International Inc. Class A | 0.73% | 22,444 | $1.7M | Add +1.5% |
| V Visa Inc. Class A | 0.72% | 5,987 | $1.6M | New |
| AMAT Applied Materials Inc. | 0.72% | 8,137 | $1.6M | Add +1.5% |
| BLK BlackRock Finance Inc. | 0.71% | 1,709 | $1.6M | Add +1.5% |
| CACI Caci International Inc. Class A | 0.71% | 3,212 | $1.6M | Reduce -1.4% |
| PTC PTC Inc. | 0.70% | 8,858 | $1.6M | Reduce -0.1% |
| CASH Pathward Financial Inc. | 0.70% | 24,028 | $1.6M | Reduce -0.3% |
| MOH Molina Healthcare Inc. | 0.69% | 4,537 | $1.6M | Add +0.1% |
| TMO Thermo Fisher Scientific Inc. | 0.69% | 2,521 | $1.6M | New |
| BOX Box Inc. Class A | 0.68% | 47,459 | $1.6M | Reduce -0.7% |
| BKNG Booking Holdings Inc. | 0.67% | 362 | $1.5M | Add +1.4% |
| EXEL Exelixis Inc. | 0.67% | 58,708 | $1.5M | Reduce -0.6% |
| ICLR Icon PLC | 0.67% | 5,263 | $1.5M | Reduce -0.4% |
| MAS Masco Corp. | 0.66% | 17,774 | $1.5M | Reduce -0.5% |
| MNST Monster Beverage Corp. | 0.66% | 28,570 | $1.5M | Add +1.8% |
| LRCX Lam Research Corp. | 0.64% | 1,773 | $1.4M | Add +1.5% |
| ABT Abbott Laboratories | 0.62% | 12,337 | $1.4M | Add +1.9% |
| KEYS Keysight Technologies Inc. | 0.61% | 8,766 | $1.4M | Add +1.6% |
| EA Electronic Arts Inc. | 0.61% | 9,600 | $1.4M | Add +2.1% |
| NDAQ Nasdaq Inc. | 0.60% | 18,752 | $1.4M | Reduce -0.2% |
| GMED Globus Medical Inc. Class A | 0.60% | 19,066 | $1.4M | Add +0.3% |
| NBIX Neurocrine Biosciences Inc. | 0.60% | 11,793 | $1.4M | Reduce -0.9% |
| HUM Humana Inc. | 0.60% | 4,276 | $1.4M | Add +1.8% |
| WFC Wells Fargo & Co. | 0.60% | 23,964 | $1.4M | New |
| ZBRA Zebra Technologies Corp. Class A | 0.59% | 3,624 | $1.3M | New |
| LOGI Logitech International-Reg | 0.58% | 14,777 | $1.3M | Reduce -0.3% |
| CROX Crocs Inc. | 0.58% | 9,140 | $1.3M | Reduce -0.3% |
| FFIV F5 Inc. | 0.58% | 6,012 | $1.3M | Reduce -0.4% |
| SBUX Starbucks Corp. | 0.58% | 13,563 | $1.3M | New |
| HOLX Hologic Inc. | 0.58% | 16,094 | $1.3M | Add +1.9% |
| NMIH Nmi Holdings Inc. filed as NMI HLDGS INC | 0.58% | 31,816 | $1.3M | Reduce -26.8% |
| CPAY Corpay Inc. | 0.57% | 4,167 | $1.3M | Reduce -0.5% |
| DECK Deckers Outdoor Corp. | 0.57% | 8,149 | $1.3M | Reduce -0.1% |
| GDDY GoDaddy Inc. Class A | 0.57% | 8,189 | $1.3M | Reduce -0.3% |
| PCYO Pure Cycle Corp. | 0.56% | 117,600 | $1.3M | New |
| SYY Sysco Corp. | 0.55% | 16,035 | $1.3M | New |
| TER Teradyne Inc. | 0.55% | 9,349 | $1.3M | New |
| KNSL Kinsale Capital Group Inc. | 0.55% | 2,685 | $1.3M | Reduce -0.2% |
Other holdings (1): bonds, preferreds, convertibles and warrants · $1.3M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| RINGCENTRAL INC (RNG 0 03/01/25) | NOTE 3/0 · principal | 1,320,000 | $1.3M | New |
Total filed on the 13F, all lines: $228.4M.
Portfolio Sells Q2 2024 → Q3 2024
| MRK Merck & Co. Inc. | Reduce -0.7% | 1.71% | −0.86 |
| ETN Eaton Corp. PLC | Reduce -36.7% | 0.76% | −0.80 |
| PANW Palo Alto Networks Inc. | Reduce -29.5% | 0.77% | −0.71 |
| BJ Bj's Wholesale Club Holdings | Reduce -0.8% | 1.23% | −0.58 |
| AVGO Broadcom Inc. | Reduce -1.9% | 1.86% | −0.55 |
| NTAP Netapp Inc. | Reduce -1.1% | 1.22% | −0.54 |
| AZN Astrazeneca PLC-Spons ADR | Reduce -1.4% | 1.27% | −0.50 |
| META Meta Platforms Inc. Class A | Reduce -2.0% | 2.01% | −0.46 |
| STX Seagate Technology Holdings | Reduce -1.3% | 1.37% | −0.42 |
| PH Parker Hannifin Corp. | Reduce -25.8% | 0.84% | −0.40 |
| NBIX Neurocrine Biosciences Inc. | Reduce -0.9% | 0.60% | −0.39 |
| DLR Digital Realty Trust Inc. | Reduce -1.6% | 1.19% | −0.36 |
| APO Apollo Global Management Inc. | Reduce -0.2% | 1.16% | −0.34 |
| NVS Novartis AG-Sponsored ADR | Reduce -1.3% | 1.21% | −0.34 |
| GRMN Garmin Ltd. | Reduce -1.4% | 1.19% | −0.34 |
| ICLR Icon PLC | Reduce -0.4% | 0.67% | −0.33 |
| GEN Gen Digital Inc. | Reduce -1.1% | 1.24% | −0.32 |
| NMIH Nmi Holdings Inc. | Reduce -26.8% | 0.58% | −0.31 |
| ABBV Abbvie Inc. | Reduce -1.2% | 1.43% | −0.29 |
| HALO Halozyme Therapeutics Inc. | Reduce -0.4% | 1.11% | −0.29 |
| WRB WR Berkley Corp. | Reduce -1.5% | 1.01% | −0.28 |
| LOGI Logitech International-Reg | Reduce -0.3% | 0.58% | −0.28 |
| JNJ Johnson & Johnson | Reduce -0.5% | 1.11% | −0.27 |
| PTC PTC Inc. | Reduce -0.1% | 0.70% | −0.27 |
| CSCO Cisco Systems Inc. | Reduce -1.4% | 1.08% | −0.26 |
| GTLS Chart Industries Inc. | Reduce -0.2% | 0.42% | −0.25 |
| HRB H&R Block Inc. | Reduce -1.4% | 1.31% | −0.24 |
| CMI Cummins Inc. | Reduce -1.6% | 1.25% | −0.24 |
| GNTX Gentex Corp. | Reduce -0.7% | 0.41% | −0.23 |
| ADP Automatic Data Processing | Reduce -1.6% | 1.14% | −0.23 |
| CROX Crocs Inc. | Reduce -0.3% | 0.58% | −0.22 |
| DECK Deckers Outdoor Corp. | Reduce -0.1% | 0.57% | −0.22 |
| HD Home Depot Inc. | Reduce -1.0% | 1.11% | −0.19 |
| MDT Medtronic PLC | Reduce -1.1% | 0.84% | −0.18 |
| MCD McDonald's Corp. | Reduce -1.3% | 1.07% | −0.17 |
| LMT Lockheed Martin Corp. | Reduce -1.8% | 1.47% | −0.16 |
| BX Blackstone Inc. | Reduce -1.6% | 1.26% | −0.16 |
| XIFR XPLR Infrastructure LP | Reduce -0.0% | 0.36% | −0.13 |
| CACI Caci International Inc. Class A | Reduce -1.4% | 0.71% | −0.13 |
| EXEL Exelixis Inc. | Reduce -0.6% | 0.67% | −0.13 |
| GDDY GoDaddy Inc. Class A | Reduce -0.3% | 0.57% | −0.13 |
| ALSN Allison Transmission Holding | Reduce -1.3% | 1.31% | −0.12 |
| CASH Pathward Financial Inc. | Reduce -0.3% | 0.70% | −0.12 |
| IRDM Iridium Communications Inc. | Reduce -1.3% | 0.55% | −0.12 |
| CPAY Corpay Inc. | Reduce -0.5% | 0.57% | −0.10 |
| AWI Armstrong World Industries | Reduce -0.2% | 0.53% | −0.10 |
| NDAQ Nasdaq Inc. | Reduce -0.2% | 0.60% | −0.08 |
| BOX Box Inc. Class A | Reduce -0.7% | 0.68% | −0.08 |
| KNSL Kinsale Capital Group Inc. | Reduce -0.2% | 0.55% | −0.07 |
| CVLT Commvault Systems Inc. | Reduce -0.6% | 0.77% | −0.07 |
Portfolio Buys Q2 2024 → Q3 2024
| UNH Unitedhealth Group Inc. | New | 1.28% | +1.28 |
| USB US Bancorp | New | 1.22% | +1.22 |
| TXN Texas Instruments Inc. | New | 1.08% | +1.08 |
| STT State Street Corp. | New | 1.07% | +1.07 |
| UNP Union Pacific Corp. | New | 1.06% | +1.06 |
| UPS United Parcel Service Class B | New | 0.99% | +0.99 |
| RTX RTX Corp. | New | 0.87% | +0.87 |
| SHW The Sherwin-Williams Co. | New | 0.83% | +0.83 |
| SPGI S&P Global Inc. | New | 0.81% | +0.81 |
| CRM Salesforce Inc. | New | 0.80% | +0.80 |
| REGN Regeneron Pharmaceuticals | New | 0.80% | +0.80 |
| QCOM Qualcomm Inc. | New | 0.74% | +0.74 |
| ROST Ross Stores Inc. | New | 0.74% | +0.74 |
| TTWO Take-Two Interactive Softwre | New | 0.74% | +0.74 |
| VRTX Vertex Pharmaceuticals Inc. | New | 0.74% | +0.74 |
| SCHW Schwab (charles) Corp. | New | 0.73% | +0.73 |
| V Visa Inc. Class A | New | 0.72% | +0.72 |
| TMO Thermo Fisher Scientific Inc. | New | 0.69% | +0.69 |
| WFC Wells Fargo & Co. | New | 0.60% | +0.60 |
| ZBRA Zebra Technologies Corp. Class A | New | 0.59% | +0.59 |
| SBUX Starbucks Corp. | New | 0.58% | +0.58 |
| PCYO Pure Cycle Corp. | New | 0.56% | +0.56 |
| SYY Sysco Corp. | New | 0.55% | +0.55 |
| TER Teradyne Inc. | New | 0.55% | +0.55 |
| TDC Teradata Corp. | New | 0.54% | +0.54 |
| VRRM Verra Mobility Corp. | New | 0.53% | +0.53 |
| LNTH Lantheus Holdings Inc. | New | 0.52% | +0.52 |
| SIMO Silicon Motion Technol-ADR | New | 0.50% | +0.50 |
| SBAC SBA Communications Corp. | New | 0.49% | +0.49 |
| TFX Teleflex Inc. | New | 0.47% | +0.47 |
| TGT Target Corp. | New | 0.25% | +0.25 |
| WMT Walmart Inc. | New | 0.20% | +0.20 |
| SOLV Solventum Corp. | New | 0.14% | +0.14 |
| ROK Rockwell Automation Inc. | New | 0.13% | +0.13 |
| MOAT Vaneck Morningstar Wide Moat | New | 0.10% | +0.10 |
| STKL Sunopta Inc. | New | 0.04% | +0.04 |
| SHARPLINK GAMING INC | New | 0.01% | +0.01 |
| FTNT Fortinet Inc. | Add +1.2% | 0.87% | −0.04 |
| BLK BlackRock Finance Inc. | Add +1.5% | 0.71% | −0.08 |
| KEYS Keysight Technologies Inc. | Add +1.6% | 0.61% | −0.10 |
| BMRN Biomarin Pharmaceutical Inc. | Add +28.8% | 0.48% | −0.12 |
| ICE Intercontinental Exchange Inc. | Add +1.3% | 0.80% | −0.12 |
| MOH Molina Healthcare Inc. | Add +0.1% | 0.69% | −0.12 |
| HOLX Hologic Inc. | Add +1.9% | 0.58% | −0.13 |
| ABT Abbott Laboratories | Add +1.9% | 0.62% | −0.14 |
| MDLZ Mondelez International Inc. Class A | Add +1.5% | 0.73% | −0.14 |
| ON On Semiconductor | Add +2.2% | 0.55% | −0.14 |
| CFG Citizens Financial Group | Add +0.8% | 0.78% | −0.15 |
| BKNG Booking Holdings Inc. | Add +1.4% | 0.67% | −0.18 |
| GWW WW Grainger Inc. | Add +0.4% | 0.99% | −0.18 |
Notes & Other Activity Q2 2024 → Q3 2024
| RINGCENTRAL INC (RNG 0 03/01/25) | NOTE 3/0 · principal | New | 1,320,000 | $1.3M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 121 | $260.5M | DELL, KLAC, LLY, GOOGL, NTAP |
| Q1 2026 | 118 | $219.8M | GOOGL, TER, JNJ, AZN, NVS |
| Q4 2025 | 119 | $222.9M | GOOGL, KLAC, TEL, AVGO, ABBV |
| Q3 2025 | 134 | $247.1M | POWW, GOOGL, MSFT, ABT, ABBV |
| Q2 2025 | 125 | $224.7M | AVGO, POWW, META, GOOGL, CSCO |
| Q1 2025 | 127 | $216.0M | POWW, BJ, ABBV, GOOGL, META |
| Q4 2024 | 136 | $240.4M | AVGO, AAPL, META, GOOGL, MSFT |
| Q3 2024 | 128 | $227.1M | POWW, META, AVGO, MRK, LMT |
| Q2 2024 | 91 | $166.0M | POWW, MRK, META, AVGO, BJ |
| Q1 2024 | 128 | $220.7M | POWW, MRK, META, AVGO, NTAP |