Tealwood Asset Management Inc.

Name: TEALWOOD ASSET MANAGEMENT INC 13F holdings, Q1 2025
Creator: TEALWOOD ASSET MANAGEMENT INC
Published: 2025-04-11

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

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

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%
IRDM Iridium Communications Inc.	0.51%	40,070	$1.1M	Reduce -2.2%
GTLS Chart Industries Inc.	0.50%	7,541	$1.1M	Reduce -2.1%
ILMN Illumina Inc.	0.50%	13,523	$1.1M	New
CHRD Chord Energy Corp.	0.49%	9,477	$1.1M	Add +197.2%
RMBS Rambus Inc.	0.49%	20,310	$1.1M	New
LNTH Lantheus Holdings Inc.	0.48%	10,719	$1.0M	Add +0.8%
PTC PTC Inc.	0.48%	6,748	$1.0M	Reduce -24.9%
SBAC SBA Communications Corp.	0.47%	4,602	$1.0M	Reduce -0.3%
ZBRA Zebra Technologies Corp. Class A	0.47%	3,561	$1.0M	Reduce -1.9%
VRRM Verra Mobility Corp.	0.46%	43,830	$987K	Reduce -0.9%
HOLX Hologic Inc.	0.45%	15,900	$982K	Reduce -1.0%
CNMD Conmed Corp.	0.45%	16,143	$975K	Reduce -3.3%
T AT&T Inc.	0.44%	33,646	$952K	Add +0.0%
SIMO Silicon Motion Technol-ADR	0.44%	18,597	$940K	Reduce -1.1%
ICLR Icon PLC	0.43%	5,260	$920K	Reduce -1.1%
DECK Deckers Outdoor Corp.	0.42%	8,180	$915K	Add +0.3%
TDC Teradata Corp.	0.42%	40,006	$899K	Reduce -1.6%
ONTO Onto Innovation Inc.	0.39%	6,923	$840K	New
TER Teradyne Inc.	0.36%	9,388	$775K	Reduce -1.3%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.24%	2,068	$514K	Reduce -16.4%
WMT Walmart Inc.	0.23%	5,754	$505K	Reduce -11.4%
TGT Target Corp.	0.18%	3,675	$384K	Reduce -26.2%
SOLV Solventum Corp.	0.16%	4,500	$342K	Reduce -2.2%
ROK Rockwell Automation Inc.	0.13%	1,120	$289K	No change
DE Deere & Co.	0.10%	468	$220K	Reduce -1.7%
LUNR Intuitive Machines Inc.	0.07%	20,350	$152K	Reduce -2.6%
STKL Sunopta Inc.	0.03%	12,500	$61K	No change

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

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