Tealwood Asset Management Inc.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 11, 2025), Tealwood Asset Management Inc. reported 127 stock positions worth $216.0 million. Its top holding was Outdoor (POWW) at 2.1% of the portfolio, followed by Bj's Wholesale Club (BJ, 1.7%) and Abbvie (ABBV, 1.6%). Compared with Q4 2024, it opened 8 new positions, sold out of 17, added to 15 and reduced 101. The biggest buy was a new position in American Express (AXP) and the biggest sale Apple (AAPL, shares −52%).

Most Recent 13F
Q2 2026
Location
Minneapolis, MN
CIK
0001164062
Portfolio Value
$216.0M (Q1 2025)
SEC Filing
0001580642-25-002335 ↗ filed Apr 11, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q1 2024: $220.7M Q1 2024 Q2 2024: $166.0M Q2 2024 Q3 2024: $227.1M Q3 2024 Q4 2024: $240.4M Q4 2024 Q1 2025: $216.0M $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 127 stocks · $216.0M
POWW Outdoor Holding Co. filed as AMMO INC 2.13% 3,335,000 $4.6M No change
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 1.73% 32,742 $3.7M Reduce -3.5%
ABBV Abbvie Inc. 1.60% 16,497 $3.5M Reduce -3.7%
GOOGL Alphabet Inc. Class A 1.40% 19,569 $3.0M Reduce -1.6%
META Meta Platforms Inc. Class A 1.39% 5,228 $3.0M Reduce -32.1%
ALSN Allison Transmission Holding 1.35% 30,500 $2.9M Reduce -0.8%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 1.35% 40,935 $2.9M Reduce -0.3%
CSCO Cisco Systems Inc. 1.34% 46,846 $2.9M Reduce -3.5%
ADP Automatic Data Processing 1.34% 9,457 $2.9M Reduce -0.3%
AVGO Broadcom Inc. 1.29% 16,668 $2.8M Reduce -31.5%
AZN Astrazeneca PLC-Spons ADR 1.28% 37,657 $2.8M Add +0.7%
GEN Gen Digital Inc. 1.27% 103,621 $2.8M Reduce -0.5%
CMI Cummins Inc. 1.26% 8,653 $2.7M Reduce -1.1%
NVS Novartis AG-Sponsored ADR 1.25% 24,312 $2.7M Add +0.3%
BRK.B Berkshire Hathaway Inc. Class B 1.25% 5,071 $2.7M Reduce -15.4%
UNH Unitedhealth Group Inc. 1.22% 5,043 $2.6M Reduce -0.5%
JNJ Johnson & Johnson 1.22% 15,856 $2.6M Reduce -0.9%
BX Blackstone Inc. 1.20% 18,616 $2.6M Reduce -0.3%
HRB H&R Block Inc. filed as BLOCK H & R INC 1.20% 47,374 $2.6M Add +0.3%
LMT Lockheed Martin Corp. 1.18% 5,728 $2.6M Add +0.4%
USB US Bancorp 1.18% 60,130 $2.5M Reduce -1.9%
MCD McDonald's Corp. 1.17% 8,117 $2.5M Add +0.4%
GRMN Garmin Ltd. 1.16% 11,589 $2.5M Reduce -24.8%
STX Seagate Technology Holdings 1.13% 28,760 $2.4M Add +0.5%
STT State Street Corp. 1.12% 27,115 $2.4M Reduce -0.9%
DLR Digital Realty Trust Inc. 1.12% 16,840 $2.4M Add +0.6%
FTNT Fortinet Inc. 1.11% 24,946 $2.4M Reduce -2.5%
MRSH Marsh & McLennan Cos 1.08% 9,538 $2.3M Reduce -1.3%
UNP Union Pacific Corp. 1.08% 9,851 $2.3M Reduce -32.6%
HD Home Depot Inc. 1.07% 6,304 $2.3M Reduce -0.5%
AXP American Express Co. 1.06% 8,525 $2.3M New
KLAC KLA Corp. 1.06% 3,375 $2.3M New
AAPL Apple Inc. 1.06% 10,325 $2.3M Reduce -52.3%
CORT Corcept Therapeutics Inc. 1.05% 19,818 $2.3M New
MRK Merck & Co. Inc. 1.04% 24,919 $2.2M Reduce -20.3%
TTWO Take-Two Interactive Softwre 1.03% 10,715 $2.2M Reduce -1.9%
MSFT Microsoft Corp. 1.02% 5,849 $2.2M Reduce -33.1%
TXN Texas Instruments Inc. 1.00% 12,045 $2.2M Reduce -0.3%
RTX RTX Corp. 0.99% 16,132 $2.1M Reduce -0.7%
APO Apollo Global Management Inc. 0.97% 15,360 $2.1M Reduce -26.4%
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.97% 2,111 $2.1M Reduce -2.3%
EXEL Exelixis Inc. 0.96% 56,256 $2.1M Reduce -4.0%
V Visa Inc. Class A 0.95% 5,871 $2.1M Reduce -0.9%
AZO AutoZone Inc. 0.94% 531 $2.0M Reduce -1.5%
NTAP Netapp Inc. 0.93% 22,826 $2.0M Add +0.5%
SCHW Schwab (charles) Corp. 0.92% 25,263 $2.0M Reduce -1.1%
MDT Medtronic PLC 0.90% 21,693 $1.9M Add +0.5%
ICE Intercontinental Exchange Inc. 0.90% 11,258 $1.9M Reduce -26.9%
MLI Mueller Industries Inc. 0.88% 24,834 $1.9M Reduce -3.5%
PH Parker Hannifin Corp. 0.84% 2,985 $1.8M Reduce -1.0%
SPGI S&P Global Inc. 0.82% 3,488 $1.8M Reduce -1.2%
CFG Citizens Financial Group 0.80% 42,279 $1.7M Reduce -1.3%
CRM Salesforce Inc. 0.80% 6,419 $1.7M Reduce -2.8%
VRTX Vertex Pharmaceuticals Inc. 0.80% 3,549 $1.7M Reduce -1.1%
PANW Palo Alto Networks Inc. 0.80% 10,075 $1.7M Reduce -2.6%
SHW The Sherwin-Williams Co. 0.79% 4,879 $1.7M Reduce -2.2%
CASH Pathward Financial Inc. 0.78% 23,214 $1.7M Reduce -3.0%
MNST Monster Beverage Corp. 0.77% 28,303 $1.7M Reduce -0.7%
AMGN Amgen Inc. 0.76% 5,234 $1.6M Reduce -0.8%
BKNG Booking Holdings Inc. 0.75% 353 $1.6M Reduce -0.8%
ABT Abbott Laboratories 0.74% 12,104 $1.6M Reduce -59.1%
BLK BlackRock Inc. 0.74% 1,694 $1.6M Reduce -1.2%
FFIV F5 Inc. 0.72% 5,833 $1.6M Reduce -3.1%
MDLZ Mondelez International Inc. Class A 0.70% 22,219 $1.5M Reduce -0.8%
QCOM Qualcomm Inc. 0.70% 9,775 $1.5M Reduce -1.3%
MOH Molina Healthcare Inc. 0.69% 4,506 $1.5M Reduce -2.3%
GDDY GoDaddy Inc. Class A 0.67% 7,983 $1.4M Reduce -2.8%
BOX Box Inc. Class A 0.66% 46,418 $1.4M Reduce -2.4%
CPAY Corpay Inc. 0.66% 4,107 $1.4M Reduce -2.1%
ROST Ross Stores Inc. 0.66% 11,117 $1.4M Reduce -0.7%
ADBE Adobe Inc. 0.66% 3,703 $1.4M Reduce -1.5%
ETN Eaton Corp. PLC 0.65% 5,193 $1.4M Reduce -0.7%
WFC Wells Fargo & Co. 0.65% 19,525 $1.4M Reduce -10.4%
NDAQ Nasdaq Inc. 0.64% 18,341 $1.4M Reduce -2.6%
EA Electronic Arts Inc. 0.63% 9,446 $1.4M Reduce -1.8%
GMED Globus Medical Inc. Class A 0.63% 18,618 $1.4M Reduce -2.6%
NVO Novo-Nordisk A/S-Spons ADR 0.62% 19,143 $1.3M Add +33.5%
MRVL Marvell Technology Inc. 0.61% 21,424 $1.3M New
KEYS Keysight Technologies Inc. 0.60% 8,726 $1.3M Reduce -0.7%
SBUX Starbucks Corp. 0.60% 13,295 $1.3M Reduce -0.6%
AMD Advanced Micro Devices 0.60% 12,634 $1.3M Reduce -0.9%
NBIX Neurocrine Biosciences Inc. 0.60% 11,724 $1.3M Reduce -1.6%
KNSL Kinsale Capital Group Inc. 0.60% 2,651 $1.3M Reduce -2.1%
LRCX Lam Research Corp. 0.60% 17,707 $1.3M Reduce -0.5%
AWI Armstrong World Industries 0.59% 8,975 $1.3M Reduce -3.4%
HALO Halozyme Therapeutics Inc. 0.57% 19,355 $1.2M Reduce -63.4%
LOGI Logitech International-Reg 0.57% 14,604 $1.2M Reduce -2.3%
MAS Masco Corp. 0.56% 17,511 $1.2M Reduce -2.3%
CVLT Commvault Systems Inc. 0.56% 7,716 $1.2M Reduce -31.4%
G Genpact Ltd. 0.56% 24,095 $1.2M Reduce -2.3%
TMO Thermo Fisher Scientific Inc. 0.56% 2,438 $1.2M Reduce -0.5%
SYY Sysco Corp. 0.55% 15,887 $1.2M Reduce -1.3%
YOU Clear Secure Inc. Class A 0.55% 45,874 $1.2M Reduce -2.1%
PCYO Pure Cycle Corp. 0.55% 113,258 $1.2M Reduce -44.3%
AMAT Applied Materials Inc. 0.55% 8,121 $1.2M Reduce -0.4%
CACI Caci International Inc. Class A 0.54% 3,156 $1.2M Reduce -2.3%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.53% 31,670 $1.1M Reduce -1.6%
CCJ Cameco Corp. 0.52% 27,106 $1.1M New
BMRN Biomarin Pharmaceutical Inc. 0.51% 15,689 $1.1M Add +1.0%
REGN Regeneron Pharmaceuticals 0.51% 1,735 $1.1M Reduce -0.3%

Show all 127 holdings

Portfolio Sells Q4 2024 → Q1 2025
AAPL Apple Inc. Reduce -52.3% 1.06% −1.19
AVGO Broadcom Inc. Reduce -31.5% 1.29% −1.05
MMM 3M Co. Sold out 0.00% −0.99
UPS United Parcel Service Class B Sold out 0.00% −0.87
ECL Ecolab Inc. Sold out 0.00% −0.75
ABT Abbott Laboratories Reduce -59.1% 0.74% −0.65
PCYO Pure Cycle Corp. Reduce -44.3% 0.55% −0.52
MSFT Microsoft Corp. Reduce -33.1% 1.02% −0.52
META Meta Platforms Inc. Class A Reduce -32.1% 1.39% −0.48
HALO Halozyme Therapeutics Inc. Reduce -63.4% 0.57% −0.48
APO Apollo Global Management Inc. Reduce -26.4% 0.97% −0.46
ON On Semiconductor Sold out 0.00% −0.45
COO The Cooper Cos Inc. Sold out 0.00% −0.42
HWKN Hawkins Inc. Sold out 0.00% −0.35
UNP Union Pacific Corp. Reduce -32.6% 1.08% −0.31
CRVL Corvel Corp. Sold out 0.00% −0.30
BRK.A Berkshire Hathaway Inc. Class A Sold out 0.00% −0.28
MRK Merck & Co. Inc. Reduce -20.3% 1.04% −0.26
GOGO Gogo Inc. Sold out 0.00% −0.21
PTC PTC Inc. Reduce -24.9% 0.48% −0.20
MTD Mettler-Toledo International Sold out 0.00% −0.17
GOOGL Alphabet Inc. Class A Reduce -1.6% 1.40% −0.16
GRMN Garmin Ltd. Reduce -24.8% 1.16% −0.16
CVLT Commvault Systems Inc. Reduce -31.4% 0.56% −0.14
PG The Procter & Gamble Co. Sold out 0.00% −0.14
TER Teradyne Inc. Reduce -1.3% 0.36% −0.14
BX Blackstone Inc. Reduce -0.3% 1.20% −0.13
WAT Waters Corp. Sold out 0.00% −0.12
CRM Salesforce Inc. Reduce -2.8% 0.80% −0.12
ZBRA Zebra Technologies Corp. Class A Reduce -1.9% 0.47% −0.12
ORCL Oracle Corp. Sold out 0.00% −0.11
TDC Teradata Corp. Reduce -1.6% 0.42% −0.11
GTLS Chart Industries Inc. Reduce -2.1% 0.50% −0.11
TGT Target Corp. Reduce -26.2% 0.18% −0.10
MDB Mongodb Inc. Sold out 0.00% −0.10
AMZN Amazon.com Inc. Sold out 0.00% −0.09
NVDA Nvidia Corp. Sold out 0.00% −0.09
LUNR Intuitive Machines Inc. Reduce -2.6% 0.07% −0.09
IJR iShares Core S&P Small-Cap E Sold out 0.00% −0.08
NBIX Neurocrine Biosciences Inc. Reduce -1.6% 0.60% −0.08
ETN Eaton Corp. PLC Reduce -0.7% 0.65% −0.07
ICE Intercontinental Exchange Inc. Reduce -26.9% 0.90% −0.06
ROST Ross Stores Inc. Reduce -0.7% 0.66% −0.05
USB US Bancorp Reduce -1.9% 1.18% −0.04
AMD Advanced Micro Devices Reduce -0.9% 0.60% −0.04
ICLR Icon PLC Reduce -1.1% 0.43% −0.04
ADBE Adobe Inc. Reduce -1.5% 0.66% −0.04
ALSN Allison Transmission Holding Reduce -0.8% 1.35% −0.03
HOLX Hologic Inc. Reduce -1.0% 0.45% −0.03
GMED Globus Medical Inc. Class A Reduce -2.6% 0.63% −0.03

Portfolio Buys Q4 2024 → Q1 2025
AXP American Express Co. New 1.06% +1.06
KLAC KLA Corp. New 1.06% +1.06
CORT Corcept Therapeutics Inc. New 1.05% +1.05
MRVL Marvell Technology Inc. New 0.61% +0.61
CCJ Cameco Corp. New 0.52% +0.52
ILMN Illumina Inc. New 0.50% +0.50
RMBS Rambus Inc. New 0.49% +0.49
ONTO Onto Innovation Inc. New 0.39% +0.39
CHRD Chord Energy Corp. Add +197.2% 0.49% +0.34
NVS Novartis AG-Sponsored ADR Add +0.3% 1.25% +0.27
AZN Astrazeneca PLC-Spons ADR Add +0.7% 1.28% +0.26
MCD McDonald's Corp. Add +0.4% 1.17% +0.20
MDT Medtronic PLC Add +0.5% 0.90% +0.19
HRB H&R Block Inc. Add +0.3% 1.20% +0.17
T AT&T Inc. Add +0.0% 0.44% +0.12
STX Seagate Technology Holdings Add +0.5% 1.13% +0.10
NVO Novo-Nordisk A/S-Spons ADR Add +33.5% 0.62% +0.10
BMRN Biomarin Pharmaceutical Inc. Add +1.0% 0.51% +0.09
LNTH Lantheus Holdings Inc. Add +0.8% 0.48% +0.09
LMT Lockheed Martin Corp. Add +0.4% 1.18% +0.03
DLR Digital Realty Trust Inc. Add +0.6% 1.12% −0.12
NTAP Netapp Inc. Add +0.5% 0.93% −0.17
DECK Deckers Outdoor Corp. Add +0.3% 0.42% −0.27

Notes & Other Activity Q4 2024 → Q1 2025
RINGCENTRAL INC (RNG 0 03/01/25) NOTE 3/0 · principal Sold out 1,300,000 $1.3Mbefore 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