Tealwood Asset Management Inc.

Name: TEALWOOD ASSET MANAGEMENT INC 13F holdings, Q4 2024
Creator: TEALWOOD ASSET MANAGEMENT INC
Published: 2025-01-13

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q3 2024Q2 2024Q1 2024

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 13, 2025), Tealwood Asset Management Inc. reported 136 stock positions worth $240.4 million. Its top holding was Broadcom (AVGO) at 2.3% of the portfolio, followed by Apple (AAPL, 2.3%) and Meta Platforms Class A (META, 1.9%). Compared with Q3 2024, it opened 15 new positions, sold out of 7, added to 75 and reduced 43. The biggest buy was Apple (AAPL, shares +99%) and the biggest sale Outdoor (POWW, shares −2%).

Most Recent 13F: Q2 2026
Location: Minneapolis, MN
CIK: 0001164062
Portfolio Value: $240.4M (Q4 2024)
SEC Filing: 0001580642-25-000277 ↗ filed Jan 13, 2025

Holdings Value

Holdings 136 stocks · $240.4M


AVGO Broadcom Inc.	2.35%	24,331	$5.6M	Reduce -0.6%
AAPL Apple Inc.	2.26%	21,658	$5.4M	Add +99.0%
META Meta Platforms Inc. Class A	1.88%	7,699	$4.5M	Reduce -3.4%
GOOGL Alphabet Inc. Class A	1.57%	19,878	$3.8M	Add +60.1%
MSFT Microsoft Corp.	1.53%	8,749	$3.7M	Add +45.0%
POWW Outdoor Holding Co. filed as AMMO INC	1.53%	3,335,000	$3.7M	Reduce -2.2%
APO Apollo Global Management Inc.	1.43%	20,880	$3.4M	Reduce -0.8%
ABT Abbott Laboratories	1.39%	29,619	$3.4M	Add +140.1%
UNP Union Pacific Corp.	1.39%	14,619	$3.3M	Add +50.3%
ALSN Allison Transmission Holding	1.38%	30,734	$3.3M	Reduce -0.5%
BX Blackstone Inc.	1.34%	18,666	$3.2M	Reduce -0.0%
GRMN Garmin Ltd.	1.32%	15,405	$3.2M	Add +0.5%
MRK Merck & Co. Inc.	1.29%	31,245	$3.1M	Reduce -8.6%
CMI Cummins Inc.	1.27%	8,747	$3.0M	Reduce -0.5%
ABBV Abbvie Inc.	1.27%	17,135	$3.0M	Add +4.0%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC	1.26%	33,945	$3.0M	Add +0.2%
DLR Digital Realty Trust Inc.	1.23%	16,740	$3.0M	Add +0.6%
USB US Bancorp	1.22%	61,316	$2.9M	Add +1.2%
CSCO Cisco Systems Inc.	1.20%	48,562	$2.9M	Add +4.9%
GEN Gen Digital Inc.	1.19%	104,186	$2.9M	Add +1.5%
ADP Automatic Data Processing	1.15%	9,484	$2.8M	Add +1.3%
LMT Lockheed Martin Corp.	1.15%	5,705	$2.8M	Add +0.2%
BRK.B Berkshire Hathaway Inc. Class B	1.13%	5,996	$2.7M	Add +9.9%
STT State Street Corp.	1.12%	27,352	$2.7M	Reduce -0.6%
NTAP Netapp Inc.	1.10%	22,723	$2.6M	Add +1.1%
PCYO Pure Cycle Corp.	1.07%	203,158	$2.6M	Add +72.8%
UNH Unitedhealth Group Inc.	1.07%	5,069	$2.6M	Add +2.0%
HALO Halozyme Therapeutics Inc.	1.05%	52,813	$2.5M	Add +19.7%
HRB H&R Block Inc. filed as BLOCK H & R INC	1.04%	47,215	$2.5M	Add +1.0%
STX Seagate Technology Holdings	1.03%	28,620	$2.5M	Add +0.7%
HD Home Depot Inc.	1.03%	6,338	$2.5M	Add +1.9%
AZN Astrazeneca PLC-Spons ADR	1.02%	37,410	$2.5M	Add +0.8%
FTNT Fortinet Inc.	1.01%	25,587	$2.4M	Add +0.2%
WRB WR Berkley Corp. filed as BERKLEY W R CORP	1.00%	41,042	$2.4M	Add +1.4%
MMM 3M Co.	0.99%	18,375	$2.4M	New
NVS Novartis AG-Sponsored ADR	0.98%	24,249	$2.4M	Add +1.4%
MCD McDonald's Corp.	0.97%	8,083	$2.3M	Add +1.4%
JNJ Johnson & Johnson	0.96%	15,993	$2.3M	Add +3.0%
ICE Intercontinental Exchange Inc.	0.95%	15,396	$2.3M	Add +35.3%
GWW WW Grainger Inc. filed as GRAINGER W W INC	0.95%	2,160	$2.3M	Reduce -0.6%
TXN Texas Instruments Inc.	0.94%	12,079	$2.3M	Add +1.9%
CRM Salesforce Inc.	0.92%	6,605	$2.2M	Reduce -1.1%
UPS United Parcel Service Class B	0.87%	16,674	$2.1M	Add +1.5%
MRSH Marsh & McLennan Cos	0.85%	9,659	$2.1M	Reduce -0.2%
MLI Mueller Industries Inc.	0.85%	25,745	$2.0M	Reduce -0.1%
TTWO Take-Two Interactive Softwre	0.84%	10,928	$2.0M	Reduce -0.4%
EXEL Exelixis Inc.	0.81%	58,608	$2.0M	Reduce -0.2%
PH Parker Hannifin Corp.	0.80%	3,014	$1.9M	Reduce -0.6%
SCHW Schwab (charles) Corp.	0.79%	25,532	$1.9M	Reduce -0.8%
PANW Palo Alto Networks Inc.	0.78%	10,343	$1.9M	Add +1.2%
RTX RTX Corp.	0.78%	16,247	$1.9M	Add +0.1%
CFG Citizens Financial Group	0.78%	42,824	$1.9M	Reduce -0.6%
V Visa Inc. Class A	0.78%	5,926	$1.9M	Reduce -1.0%
ECL Ecolab Inc.	0.75%	7,681	$1.8M	Add +607.9%
BKNG Booking Holdings Inc.	0.74%	356	$1.8M	Reduce -1.7%
CASH Pathward Financial Inc.	0.73%	23,945	$1.8M	Reduce -0.3%
SPGI S&P Global Inc.	0.73%	3,529	$1.8M	Reduce -0.7%
BLK BlackRock Inc.	0.73%	1,714	$1.8M	Add +0.3%
ETN Eaton Corp. PLC	0.72%	5,229	$1.7M	Reduce -0.1%
AZO AutoZone Inc.	0.72%	539	$1.7M	Reduce -0.6%
MDT Medtronic PLC	0.72%	21,588	$1.7M	Add +1.4%
CVLT Commvault Systems Inc.	0.71%	11,244	$1.7M	Reduce -0.7%
SHW The Sherwin-Williams Co.	0.71%	4,991	$1.7M	Add +0.7%
ROST Ross Stores Inc.	0.70%	11,196	$1.7M	Reduce -0.1%
ADBE Adobe Inc.	0.69%	3,758	$1.7M	Add +0.3%
DECK Deckers Outdoor Corp.	0.69%	8,155	$1.7M	Add +0.1%
PTC PTC Inc.	0.69%	8,986	$1.7M	Add +1.4%
NBIX Neurocrine Biosciences Inc.	0.68%	11,911	$1.6M	Add +1.0%
GDDY GoDaddy Inc. Class A	0.67%	8,216	$1.6M	Add +0.3%
GMED Globus Medical Inc. Class A	0.66%	19,114	$1.6M	Add +0.3%
AMD Advanced Micro Devices	0.64%	12,749	$1.5M	Add +0.2%
WFC Wells Fargo & Co.	0.64%	21,790	$1.5M	Reduce -9.1%
QCOM Qualcomm Inc.	0.63%	9,907	$1.5M	Reduce -0.4%
FFIV F5 Inc.	0.63%	6,018	$1.5M	Add +0.1%
BOX Box Inc. Class A	0.63%	47,566	$1.5M	Add +0.2%
MNST Monster Beverage Corp.	0.62%	28,492	$1.5M	Reduce -0.3%
GTLS Chart Industries Inc.	0.61%	7,702	$1.5M	Add +0.6%
NDAQ Nasdaq Inc.	0.61%	18,828	$1.5M	Add +0.4%
VRTX Vertex Pharmaceuticals Inc.	0.60%	3,590	$1.4M	Reduce -0.6%
CPAY Corpay Inc.	0.59%	4,197	$1.4M	Add +0.7%
KEYS Keysight Technologies Inc.	0.59%	8,790	$1.4M	Add +0.3%
EA Electronic Arts Inc.	0.58%	9,614	$1.4M	Add +0.1%
ZBRA Zebra Technologies Corp. Class A	0.58%	3,629	$1.4M	Add +0.1%
AMGN Amgen Inc.	0.57%	5,275	$1.4M	Reduce -0.6%
MOH Molina Healthcare Inc.	0.56%	4,612	$1.3M	Add +1.6%
MDLZ Mondelez International Inc. Class A	0.56%	22,399	$1.3M	Reduce -0.2%
AMAT Applied Materials Inc.	0.55%	8,151	$1.3M	Add +0.2%
AWI Armstrong World Industries	0.55%	9,287	$1.3M	Add +0.8%
CACI Caci International Inc. Class A	0.54%	3,229	$1.3M	Add +0.5%
MAS Masco Corp.	0.54%	17,921	$1.3M	Add +0.8%
LRCX Lam Research Corp.	0.53%	17,792	$1.3M	Add +0.3%
TMO Thermo Fisher Scientific Inc.	0.53%	2,451	$1.3M	Reduce -2.8%
TDC Teradata Corp.	0.53%	40,652	$1.3M	Add +0.9%
KNSL Kinsale Capital Group Inc.	0.52%	2,707	$1.3M	Add +0.8%
YOU Clear Secure Inc. Class A	0.52%	46,853	$1.2M	New
REGN Regeneron Pharmaceuticals	0.52%	1,740	$1.2M	Add +0.2%
NVO Novo-Nordisk A/S-Spons ADR	0.51%	14,336	$1.2M	Add +1.6%
SYY Sysco Corp.	0.51%	16,097	$1.2M	Add +0.4%
LOGI Logitech International-Reg	0.51%	14,952	$1.2M	Add +1.2%
SBUX Starbucks Corp.	0.51%	13,381	$1.2M	Reduce -1.3%
TER Teradyne Inc.	0.50%	9,510	$1.2M	Add +1.7%
IRDM Iridium Communications Inc.	0.49%	40,967	$1.2M	Reduce -0.0%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC	0.49%	32,192	$1.2M	Add +1.2%
HOLX Hologic Inc.	0.48%	16,054	$1.2M	Reduce -0.3%
CNMD Conmed Corp.	0.47%	16,692	$1.1M	New
ICLR Icon PLC	0.46%	5,321	$1.1M	Add +1.1%
ON On Semiconductor	0.45%	17,093	$1.1M	Reduce -0.4%
VRRM Verra Mobility Corp.	0.44%	44,230	$1.1M	Add +1.4%
G Genpact Ltd.	0.44%	24,658	$1.1M	Add +1.4%
BMRN Biomarin Pharmaceutical Inc.	0.42%	15,533	$1.0M	Reduce -0.8%
SIMO Silicon Motion Technol-ADR	0.42%	18,802	$1.0M	Add +1.0%
COO The Cooper Cos Inc.	0.42%	11,046	$1.0M	Add +0.8%
LNTH Lantheus Holdings Inc.	0.40%	10,638	$952K	Reduce -1.2%
SBAC SBA Communications Corp.	0.39%	4,617	$941K	Reduce -0.9%
HWKN Hawkins Inc.	0.35%	6,770	$830K	New
T AT&T Inc.	0.32%	33,642	$766K	Reduce -1.4%
CRVL Corvel Corp.	0.30%	6,378	$710K	New
BRK.A Berkshire Hathaway Inc. Class A	0.28%	1	$681K	New
TGT Target Corp.	0.28%	4,978	$673K	Add +39.2%
WMT Walmart Inc.	0.24%	6,492	$587K	Add +12.8%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.23%	2,474	$544K	Add +19.6%
GOGO Gogo Inc.	0.21%	63,020	$510K	Reduce -48.2%
MTD Mettler-Toledo International	0.17%	330	$404K	New
LUNR Intuitive Machines Inc.	0.16%	20,900	$380K	Add +4.5%
CHRD Chord Energy Corp.	0.16%	3,189	$373K	Reduce -50.2%
PG The Procter & Gamble Co.	0.14%	2,027	$340K	New
ROK Rockwell Automation Inc.	0.13%	1,120	$320K	No change
SOLV Solventum Corp.	0.13%	4,601	$304K	No change
WAT Waters Corp.	0.12%	800	$297K	New
ORCL Oracle Corp.	0.11%	1,650	$275K	New
MDB Mongodb Inc.	0.10%	1,045	$243K	New
AMZN Amazon.com Inc.	0.09%	1,020	$224K	New
NVDA Nvidia Corp.	0.09%	1,668	$224K	New
DE Deere & Co.	0.08%	476	$202K	New
IJR iShares Core S&P Small-Cap E	0.08%	1,741	$201K	New
STKL Sunopta Inc.	0.04%	12,500	$96K	No change

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	1,300,000	$1.3M	Reduce -1.5%

Total filed on the 13F, all lines: $241.7M.

Portfolio Sells Q3 2024 → Q4 2024


POWW Outdoor Holding Co.	Reduce -2.2%	1.53%	−0.62
HUM Humana Inc.	Sold out	0.00%	−0.60
CROX Crocs Inc.	Sold out	0.00%	−0.58
TFX Teleflex Inc.	Sold out	0.00%	−0.47
MRK Merck & Co. Inc.	Reduce -8.6%	1.29%	−0.42
GNTX Gentex Corp.	Sold out	0.00%	−0.41
XIFR XPLR Infrastructure LP	Sold out	0.00%	−0.36
CHRD Chord Energy Corp.	Reduce -50.2%	0.16%	−0.21
AMGN Amgen Inc.	Reduce -0.6%	0.57%	−0.18
GOGO Gogo Inc.	Reduce -48.2%	0.21%	−0.17
MDLZ Mondelez International Inc. Class A	Reduce -0.2%	0.56%	−0.17
TMO Thermo Fisher Scientific Inc.	Reduce -2.8%	0.53%	−0.16
VRTX Vertex Pharmaceuticals Inc.	Reduce -0.6%	0.60%	−0.14
META Meta Platforms Inc. Class A	Reduce -3.4%	1.88%	−0.13
LNTH Lantheus Holdings Inc.	Reduce -1.2%	0.40%	−0.12
QCOM Qualcomm Inc.	Reduce -0.4%	0.63%	−0.11
SBAC SBA Communications Corp.	Reduce -0.9%	0.39%	−0.10
ON On Semiconductor	Reduce -0.4%	0.45%	−0.10
MOAT Vaneck Morningstar Wide Moat	Sold out	0.00%	−0.10
MRSH Marsh & McLennan Cos	Reduce -0.2%	0.85%	−0.10
HOLX Hologic Inc.	Reduce -0.3%	0.48%	−0.10
SPGI S&P Global Inc.	Reduce -0.7%	0.73%	−0.08
SBUX Starbucks Corp.	Reduce -1.3%	0.51%	−0.07
CVLT Commvault Systems Inc.	Reduce -0.7%	0.71%	−0.06
BMRN Biomarin Pharmaceutical Inc.	Reduce -0.8%	0.42%	−0.06
IRDM Iridium Communications Inc.	Reduce -0.0%	0.49%	−0.05
GWW WW Grainger Inc.	Reduce -0.6%	0.95%	−0.05
PH Parker Hannifin Corp.	Reduce -0.6%	0.80%	−0.05
ETN Eaton Corp. PLC	Reduce -0.1%	0.72%	−0.04
ROST Ross Stores Inc.	Reduce -0.1%	0.70%	−0.04
AZO AutoZone Inc.	Reduce -0.6%	0.72%	−0.03
MNST Monster Beverage Corp.	Reduce -0.3%	0.62%	−0.03
T AT&T Inc.	Reduce -1.4%	0.32%	−0.01
SHARPLINK GAMING INC	Sold out	0.00%	−0.01
CFG Citizens Financial Group	Reduce -0.6%	0.78%	+0.00
MLI Mueller Industries Inc.	Reduce -0.1%	0.85%	+0.01
CMI Cummins Inc.	Reduce -0.5%	1.27%	+0.01
CASH Pathward Financial Inc.	Reduce -0.3%	0.73%	+0.03
WFC Wells Fargo & Co.	Reduce -9.1%	0.64%	+0.04
STT State Street Corp.	Reduce -0.6%	1.12%	+0.05
SCHW Schwab (charles) Corp.	Reduce -0.8%	0.79%	+0.05
V Visa Inc. Class A	Reduce -1.0%	0.78%	+0.05
BKNG Booking Holdings Inc.	Reduce -1.7%	0.74%	+0.06
ALSN Allison Transmission Holding	Reduce -0.5%	1.38%	+0.07
BX Blackstone Inc.	Reduce -0.0%	1.34%	+0.08
TTWO Take-Two Interactive Softwre	Reduce -0.4%	0.84%	+0.09
CRM Salesforce Inc.	Reduce -1.1%	0.92%	+0.11
EXEL Exelixis Inc.	Reduce -0.2%	0.81%	+0.14
APO Apollo Global Management Inc.	Reduce -0.8%	1.43%	+0.28
AVGO Broadcom Inc.	Reduce -0.6%	2.35%	+0.49

Portfolio Buys Q3 2024 → Q4 2024


AAPL Apple Inc.	Add +99.0%	2.26%	+1.14
MMM 3M Co.	New	0.99%	+0.99
ABT Abbott Laboratories	Add +140.1%	1.39%	+0.77
GOOGL Alphabet Inc. Class A	Add +60.1%	1.57%	+0.66
ECL Ecolab Inc.	Add +607.9%	0.75%	+0.63
YOU Clear Secure Inc. Class A	New	0.52%	+0.52
PCYO Pure Cycle Corp.	Add +72.8%	1.07%	+0.51
CNMD Conmed Corp.	New	0.47%	+0.47
MSFT Microsoft Corp.	Add +45.0%	1.53%	+0.39
HWKN Hawkins Inc.	New	0.35%	+0.35
UNP Union Pacific Corp.	Add +50.3%	1.39%	+0.33
CRVL Corvel Corp.	New	0.30%	+0.30
BRK.A Berkshire Hathaway Inc. Class A	New	0.28%	+0.28
GTLS Chart Industries Inc.	Add +0.6%	0.61%	+0.19
MTD Mettler-Toledo International	New	0.17%	+0.17
ICE Intercontinental Exchange Inc.	Add +35.3%	0.95%	+0.15
PG The Procter & Gamble Co.	New	0.14%	+0.14
FTNT Fortinet Inc.	Add +0.2%	1.01%	+0.13
GRMN Garmin Ltd.	Add +0.5%	1.32%	+0.13
WAT Waters Corp.	New	0.12%	+0.12
DECK Deckers Outdoor Corp.	Add +0.1%	0.69%	+0.12
ORCL Oracle Corp.	New	0.11%	+0.11
CSCO Cisco Systems Inc.	Add +4.9%	1.20%	+0.11
GDDY GoDaddy Inc. Class A	Add +0.3%	0.67%	+0.11
MDB Mongodb Inc.	New	0.10%	+0.10
AMZN Amazon.com Inc.	New	0.09%	+0.09
NVDA Nvidia Corp.	New	0.09%	+0.09
LUNR Intuitive Machines Inc.	Add +4.5%	0.16%	+0.09
DE Deere & Co.	New	0.08%	+0.08
IJR iShares Core S&P Small-Cap E	New	0.08%	+0.08
NBIX Neurocrine Biosciences Inc.	Add +1.0%	0.68%	+0.08
GMED Globus Medical Inc. Class A	Add +0.3%	0.66%	+0.06
DLR Digital Realty Trust Inc.	Add +0.6%	1.23%	+0.05
FFIV F5 Inc.	Add +0.1%	0.63%	+0.05
WMT Walmart Inc.	Add +12.8%	0.24%	+0.04
TGT Target Corp.	Add +39.2%	0.28%	+0.03
BJ Bj's Wholesale Club Holdings	Add +0.2%	1.26%	+0.03
IBM Intl Business Machines Corp.	Add +19.6%	0.23%	+0.03
BRK.B Berkshire Hathaway Inc. Class B	Add +9.9%	1.13%	+0.03
G Genpact Ltd.	Add +1.4%	0.44%	+0.02
CPAY Corpay Inc.	Add +0.7%	0.59%	+0.02
BLK BlackRock Inc.	Add +0.3%	0.73%	+0.02
ADP Automatic Data Processing	Add +1.3%	1.15%	+0.01
PANW Palo Alto Networks Inc.	Add +1.2%	0.78%	+0.01
AWI Armstrong World Industries	Add +0.8%	0.55%	+0.01
NDAQ Nasdaq Inc.	Add +0.4%	0.61%	+0.00
USB US Bancorp	Add +1.2%	1.22%	0.00
ZBRA Zebra Technologies Corp. Class A	Add +0.1%	0.58%	−0.01
WRB WR Berkley Corp.	Add +1.4%	1.00%	−0.01
TDC Teradata Corp.	Add +0.9%	0.53%	−0.01

Notes & Other Activity Q3 2024 → Q4 2024


RINGCENTRAL INC (RNG 0 03/01/25)	NOTE 3/0 · principal	Reduce -1.5%	1,300,000	$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