Tealwood Asset Management Inc.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 7, 2026), Tealwood Asset Management Inc. reported 119 stock positions worth $222.9 million. Its top holding was Alphabet Class A (GOOGL) at 2.4% of the portfolio, followed by KLA (KLAC, 1.7%) and Te Connectivity (TEL, 1.6%). Compared with Q3 2025, it opened 4 new positions, sold out of 19, added to 11 and reduced 102. The biggest buy was a new position in Relx PLC - Spon ADR (RELX) and the biggest sale an exit from Outdoor (POWW).

Most Recent 13F
Q2 2026
Location
Minneapolis, MN
CIK
0001164062
Portfolio Value
$222.9M (Q4 2025)
SEC Filing
0001580642-26-000107 ↗ filed Jan 7, 2026

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 Q1 2025 Q2 2025: $224.7M Q2 2025 Q3 2025: $247.1M Q3 2025 Q4 2025: $222.9M $222.9M Q4 2025 Q1 2026: $219.8M Q1 2026 Q2 2026: $260.5M Q2 2026

Holdings 119 stocks · $222.9M

GOOGL Alphabet Inc. Class A 2.41% 17,174 $5.4M Reduce -5.2%
KLAC KLA Corp. 1.74% 3,186 $3.9M Reduce -2.7%
TEL Te Connectivity PLC 1.61% 15,748 $3.6M Reduce -2.5%
AVGO Broadcom Inc. 1.54% 9,914 $3.4M Reduce -4.3%
ABBV Abbvie Inc. 1.53% 14,931 $3.4M Reduce -6.6%
CSCO Cisco Systems Inc. 1.48% 42,915 $3.3M Reduce -5.1%
AZN Astrazeneca PLC-Spons ADR 1.48% 35,810 $3.3M Reduce -0.2%
META Meta Platforms Inc. Class A 1.45% 4,911 $3.2M Reduce -1.4%
JNJ Johnson & Johnson 1.41% 15,206 $3.1M Reduce -0.6%
NVS Novartis AG-Sponsored ADR 1.41% 22,815 $3.1M Add +0.0%
AXP American Express Co. 1.39% 8,400 $3.1M Add +0.1%
USB US Bancorp 1.37% 57,115 $3.0M Add +0.1%
CMI Cummins Inc. 1.32% 5,778 $2.9M Reduce -27.6%
NTAP Netapp Inc. 1.28% 26,549 $2.8M Reduce -0.2%
ALSN Allison Transmission Holding 1.27% 29,006 $2.8M Add +0.5%
LRCX Lam Research Corp. 1.24% 16,087 $2.8M Reduce -2.9%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 1.22% 38,619 $2.7M Add +0.3%
BX Blackstone Inc. 1.21% 17,557 $2.7M Add +0.3%
AAPL Apple Inc. 1.20% 9,833 $2.7M Reduce -27.6%
LLY Eli Lilly & Co. 1.17% 2,421 $2.6M Reduce -3.7%
MLI Mueller Industries Inc. 1.15% 22,397 $2.6M Reduce -3.9%
DELL Dell Technologies -C 1.15% 20,410 $2.6M Add +0.4%
TTWO Take-Two Interactive Softwre 1.13% 9,812 $2.5M Reduce -2.8%
LMT Lockheed Martin Corp. 1.12% 5,183 $2.5M Reduce -2.6%
AMD Advanced Micro Devices 1.12% 11,694 $2.5M Reduce -3.9%
RTX RTX Corp. 1.12% 13,621 $2.5M Reduce -8.0%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 1.11% 27,457 $2.5M Reduce -1.9%
DLR Digital Realty Trust Inc. 1.09% 15,763 $2.4M Reduce -1.9%
TER Teradyne Inc. 1.09% 12,591 $2.4M Reduce -2.3%
PH Parker Hannifin Corp. 1.08% 2,748 $2.4M Reduce -2.9%
MSFT Microsoft Corp. 1.08% 4,965 $2.4M Reduce -36.0%
CFG Citizens Financial Group 1.04% 39,829 $2.3M Reduce -2.0%
CCJ Cameco Corp. 1.03% 25,182 $2.3M Reduce -2.8%
SCHW Schwab (charles) Corp. 1.02% 22,857 $2.3M Reduce -2.2%
MCD McDonald's Corp. 1.02% 7,449 $2.3M Reduce -1.8%
BRK.B Berkshire Hathaway Inc. Class B 1.01% 4,500 $2.3M Reduce -24.8%
ADP Automatic Data Processing 1.01% 8,779 $2.3M Reduce -0.1%
EXEL Exelixis Inc. 1.01% 51,341 $2.3M Reduce -2.6%
GRMN Garmin Ltd. 1.00% 11,044 $2.2M Add +0.6%
GEN Gen Digital Inc. 1.00% 81,715 $2.2M Add +0.5%
UNP Union Pacific Corp. 0.97% 9,369 $2.2M Reduce -33.6%
RELX Relx PLC - Spon ADR 0.96% 52,884 $2.1M New
APO Apollo Global Management Inc. 0.96% 14,764 $2.1M Reduce -0.8%
HD Home Depot Inc. 0.94% 6,061 $2.1M Reduce -0.5%
MNST Monster Beverage Corp. 0.93% 26,921 $2.1M Reduce -1.8%
MRK Merck & Co. Inc. 0.90% 19,060 $2.0M Reduce -21.7%
GWW WW Grainger Inc. 0.90% 1,984 $2.0M Reduce -1.4%
AMAT Applied Materials Inc. 0.88% 7,608 $2.0M Reduce -1.5%
V Visa Inc. Class A 0.86% 5,496 $1.9M Reduce -1.3%
KRYS Krystal Biotech Inc. 0.85% 7,713 $1.9M Reduce -2.4%
CRM Salesforce Inc. 0.84% 7,036 $1.9M Add +13.2%
GMED Globus Medical Inc. Class A 0.84% 21,324 $1.9M Reduce -2.7%
ROST Ross Stores Inc. 0.83% 10,249 $1.8M Reduce -1.3%
TMO Thermo Fisher Scientific Inc. 0.82% 3,155 $1.8M Reduce -0.7%
EA Electronic Arts Inc. 0.82% 8,922 $1.8M Reduce -2.5%
FTNT Fortinet Inc. 0.81% 22,830 $1.8M Reduce -1.0%
BKNG Booking Holdings Inc. 0.81% 336 $1.8M Reduce -0.3%
REGN Regeneron Pharmaceuticals 0.81% 2,329 $1.8M Reduce -0.2%
MRVL Marvell Technology Inc. 0.80% 20,939 $1.8M Reduce -1.7%
PANW Palo Alto Networks Inc. 0.79% 9,616 $1.8M Reduce -0.8%
RMBS Rambus Inc. 0.78% 19,014 $1.7M Reduce -2.6%
SPGI S&P Global Inc. 0.78% 3,320 $1.7M Reduce -0.5%
ILMN Illumina Inc. 0.77% 13,080 $1.7M Reduce -2.6%
AZO AutoZone Inc. 0.76% 499 $1.7M Reduce -1.6%
AON Aon PLC Class A 0.76% 4,781 $1.7M Reduce -16.8%
BLK BlackRock Inc. 0.75% 1,560 $1.7M Reduce -1.3%
NDAQ Nasdaq Inc. 0.75% 17,137 $1.7M Reduce -2.3%
ICE Intercontinental Exchange Inc. 0.74% 10,249 $1.7M Reduce -28.5%
MRSH Marsh & McLennan Cos 0.74% 8,855 $1.6M Reduce -0.4%
AMGN Amgen Inc. 0.72% 4,923 $1.6M Reduce -0.5%
SIMO Silicon Motion Technol-ADR 0.72% 17,302 $1.6M Reduce -2.9%
AWI Armstrong World Industries 0.71% 8,322 $1.6M Reduce -2.8%
ETN Eaton Corp. PLC 0.71% 4,977 $1.6M Reduce -0.7%
NBIX Neurocrine Biosciences Inc. 0.71% 11,087 $1.6M Reduce -2.5%
VRTX Vertex Pharmaceuticals Inc. 0.70% 3,462 $1.6M Reduce -0.6%
CACI Caci International Inc. Class A 0.70% 2,928 $1.6M Reduce -2.9%
SNPS Synopsys Inc. 0.69% 3,288 $1.5M Reduce -1.1%
SHW The Sherwin-Williams Co. 0.68% 4,669 $1.5M Reduce -1.2%
YOU Clear Secure Inc. Class A 0.68% 43,031 $1.5M Reduce -2.0%
HRB H&R Block Inc. filed as BLOCK H & R INC 0.68% 34,558 $1.5M Reduce -23.2%
CWAN Clearwater Analytics HDS-A 0.67% 62,121 $1.5M New
UNH Unitedhealth Group Inc. 0.67% 4,506 $1.5M Reduce -2.9%
CASH Pathward Financial Inc. 0.66% 20,848 $1.5M Reduce -2.3%
MOD Modine Manufacturing Co. 0.66% 11,064 $1.5M Reduce -2.8%
FFIV F5 Inc. 0.62% 5,402 $1.4M Reduce -2.2%
LOGI Logitech International-Reg 0.61% 13,572 $1.4M Reduce -2.9%
GTLS Chart Industries Inc. 0.61% 6,579 $1.4M Reduce -5.3%
ABT Abbott Laboratories 0.60% 10,648 $1.3M Reduce -62.1%
ADMA Adma Biologics Inc. 0.59% 72,087 $1.3M New
BOX Box Inc. Class A 0.59% 43,643 $1.3M Reduce -2.3%
ADBE Adobe Inc. 0.57% 3,610 $1.3M Reduce -3.0%
KNSL Kinsale Capital Group Inc. 0.56% 3,171 $1.2M Add +24.4%
HALO Halozyme Therapeutics Inc. 0.55% 18,242 $1.2M Reduce -1.5%
NMIH Nmi Holdings Inc. filed as NMI HLDGS INC 0.55% 30,020 $1.2M Reduce -1.7%
UBER Uber Technologies Inc. 0.53% 14,413 $1.2M New
CPAY Corpay Inc. 0.52% 3,825 $1.2M Reduce -1.9%
HOLX Hologic Inc. 0.51% 15,385 $1.1M Reduce -1.6%
MDLZ Mondelez International Inc. Class A 0.50% 20,847 $1.1M Reduce -0.1%
PTC PTC Inc. 0.50% 6,402 $1.1M Reduce -1.4%
OTIS Otis Worldwide Corp. 0.48% 12,374 $1.1M Reduce -21.7%
BMRN Biomarin Pharmaceutical Inc. 0.48% 18,159 $1.1M Reduce -12.4%
DECK Deckers Outdoor Corp. 0.47% 10,189 $1.1M Reduce -1.3%
SBUX Starbucks Corp. 0.47% 12,505 $1.1M Reduce -0.5%
MAS Masco Corp. 0.47% 16,552 $1.1M Reduce -2.0%
G Genpact Ltd. 0.47% 22,393 $1.0M Reduce -3.8%
VRRM Verra Mobility Corp. 0.42% 41,915 $939K Reduce -1.1%
WDAY Workday Inc. Class A 0.41% 4,275 $918K Reduce -31.7%
CVLT Commvault Systems Inc. 0.41% 7,309 $916K Reduce -1.4%
ICLR Icon PLC 0.41% 5,001 $911K Reduce -1.2%
TXN Texas Instruments Inc. 0.39% 5,047 $876K Reduce -55.8%
T AT&T Inc. 0.37% 33,318 $828K Reduce -0.3%
MOH Molina Healthcare Inc. 0.37% 4,713 $818K Reduce -22.6%
ZBRA Zebra Technologies Corp. Class A 0.34% 3,100 $753K Reduce -9.3%
WMT Walmart Inc. 0.24% 4,800 $535K Reduce -2.8%
CORT Corcept Therapeutics Inc. 0.22% 14,370 $500K Reduce -53.9%
SOLV Solventum Corp. 0.16% 4,500 $357K No change
LUNR Intuitive Machines Inc. 0.15% 20,350 $330K Reduce -4.2%
INOD Innodata Inc. 0.10% 4,400 $224K No change
DE Deere & Co. 0.10% 468 $218K Reduce -1.7%

Portfolio Sells Q3 2025 → Q4 2025

POWW Outdoor Holding Co. Sold out 0.00% −2.00
MMM 3M Co. Sold out 0.00% −1.15
ABT Abbott Laboratories Reduce -62.1% 0.60% −0.93
PCYO Pure Cycle Corp. Sold out 0.00% −0.87
ECL Ecolab Inc. Sold out 0.00% −0.85
CORT Corcept Therapeutics Inc. Reduce -53.9% 0.22% −0.82
WFC Wells Fargo & Co. Sold out 0.00% −0.65
MSFT Microsoft Corp. Reduce -36.0% 1.08% −0.55
TXN Texas Instruments Inc. Reduce -55.8% 0.39% −0.46
GDDY GoDaddy Inc. Class A Sold out 0.00% −0.42
UNP Union Pacific Corp. Reduce -33.6% 0.97% −0.38
LNTH Lantheus Holdings Inc. Sold out 0.00% −0.38
IBM Intl Business Machines Corp. Sold out 0.00% −0.28
HRB H&R Block Inc. Reduce -23.2% 0.68% −0.24
ICE Intercontinental Exchange Inc. Reduce -28.5% 0.74% −0.23
BRK.B Berkshire Hathaway Inc. Class B Reduce -24.8% 1.01% −0.20
AAPL Apple Inc. Reduce -27.6% 1.20% −0.20
CRVL Corvel Corp. Sold out 0.00% −0.20
WDAY Workday Inc. Class A Reduce -31.7% 0.41% −0.20
ORCL Oracle Corp. Sold out 0.00% −0.19
MTD Mettler-Toledo International Sold out 0.00% −0.16
ROK Rockwell Automation Inc. Sold out 0.00% −0.16
CVLT Commvault Systems Inc. Reduce -1.4% 0.41% −0.16
TGT Target Corp. Sold out 0.00% −0.13
MDB Mongodb Inc. Sold out 0.00% −0.13
AZO AutoZone Inc. Reduce -1.6% 0.76% −0.12
MOH Molina Healthcare Inc. Reduce -22.6% 0.37% −0.10
FFIV F5 Inc. Reduce -2.2% 0.62% −0.10
OTIS Otis Worldwide Corp. Reduce -21.7% 0.48% −0.10
ORLY O'reilly Automotive Inc. Sold out 0.00% −0.10
WAT Waters Corp. Sold out 0.00% −0.10
GOOG Alphabet Inc. Class C Sold out 0.00% −0.09
VIG Vanguard Dividend Apprec ETF Sold out 0.00% −0.09
GBTC Grayscale Bitcoin Trust ETF Sold out 0.00% −0.08
ZBRA Zebra Technologies Corp. Class A Reduce -9.3% 0.34% −0.07
AON Aon PLC Class A Reduce -16.8% 0.76% −0.07
HD Home Depot Inc. Reduce -0.5% 0.94% −0.06
ETN Eaton Corp. PLC Reduce -0.7% 0.71% −0.05
CMI Cummins Inc. Reduce -27.6% 1.32% −0.04
RMBS Rambus Inc. Reduce -2.6% 0.78% −0.04
PTC PTC Inc. Reduce -1.4% 0.50% −0.03
ADP Automatic Data Processing Reduce -0.1% 1.01% −0.03
DLR Digital Realty Trust Inc. Reduce -1.9% 1.09% −0.03
META Meta Platforms Inc. Class A Reduce -1.4% 1.45% −0.03
MDLZ Mondelez International Inc. Class A Reduce -0.1% 0.50% −0.02
T AT&T Inc. Reduce -0.3% 0.37% −0.01
MAS Masco Corp. Reduce -2.0% 0.47% −0.01
LOGI Logitech International-Reg Reduce -2.9% 0.61% −0.01
PANW Palo Alto Networks Inc. Reduce -0.8% 0.79% −0.00
VRRM Verra Mobility Corp. Reduce -1.1% 0.42% −0.00

Portfolio Buys Q3 2025 → Q4 2025

RELX Relx PLC - Spon ADR New 0.96% +0.96
CWAN Clearwater Analytics HDS-A New 0.67% +0.67
ADMA Adma Biologics Inc. New 0.59% +0.59
UBER Uber Technologies Inc. New 0.53% +0.53
ALSN Allison Transmission Holding Add +0.5% 1.27% +0.28
AXP American Express Co. Add +0.1% 1.39% +0.27
USB US Bancorp Add +0.1% 1.37% +0.25
CRM Salesforce Inc. Add +13.2% 0.84% +0.24
NVS Novartis AG-Sponsored ADR Add +0.0% 1.41% +0.23
KNSL Kinsale Capital Group Inc. Add +24.4% 0.56% +0.12
GEN Gen Digital Inc. Add +0.5% 1.00% +0.06
WRB WR Berkley Corp. Add +0.3% 1.22% +0.02
BX Blackstone Inc. Add +0.3% 1.21% +0.00
DELL Dell Technologies -C Add +0.4% 1.15% −0.01
GRMN Garmin Ltd. Add +0.6% 1.00% −0.09

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