Terra Nova Asset Management LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 16, 2025), Terra Nova Asset Management LLC reported 84 stock positions worth $131.3 million. Its top holding was Microsoft (MSFT) at 4.4% of the portfolio, followed by Alphabet Class A (GOOGL, 3.7%) and Nvidia (NVDA, 3.3%). Compared with Q3 2024, it opened 3 new positions, sold out of 3, added to 48 and reduced 17. The biggest buy was a new position in BlackRock (BLK) and the biggest sale HCA Healthcare (HCA, shares −80%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001658652
Portfolio Value
$131.3M (Q4 2024)
SEC Filing
0001085146-25-000245 ↗ filed Jan 16, 2025

Holdings Value

0$50.0M$100.0M$150.0M$200.0M Q1 2024: $125.5M Q1 2024 Q2 2024: $126.7M Q2 2024 Q3 2024: $134.7M Q3 2024 Q4 2024: $131.3M $131.3M Q4 2024 Q1 2025: $127.1M Q1 2025 Q2 2025: $143.0M Q2 2025 Q3 2025: $158.6M Q3 2025 Q4 2025: $151.9M Q4 2025 Q1 2026: $135.2M Q1 2026 Q2 2026: $163.4M Q2 2026

Holdings 84 stocks · $131.3M
MSFT Microsoft Corp. 4.40% 13,712 $5.8M Add +9.6%
GOOGL Alphabet Inc. Class A 3.69% 25,588 $4.8M Reduce -22.5%
NVDA Nvidia Corp. 3.28% 32,096 $4.3M Add +0.6%
XLC SS Comm Select Sector SPDR 3.26% 44,195 $4.3M Add +0.3%
AMZN Amazon.com Inc. 3.21% 19,206 $4.2M Reduce -0.4%
PWR Quanta Services Inc. 3.08% 12,808 $4.0M Add +0.2%
XLY SS Consumer Disc Select Sect 2.71% 15,887 $3.6M Add +0.4%
AAPL Apple Inc. 2.70% 14,166 $3.5M Add +0.1%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 2.63% 32,890 $3.5M Add +0.6%
IGV iShares Expanded Tech-Softwa 2.49% 32,685 $3.3M Add +0.5%
COST Costco Wholesale Corp. 2.36% 3,376 $3.1M Add +0.8%
BX Blackstone Inc. 2.32% 17,633 $3.0M Add +0.7%
SYK Stryker Corp. 2.29% 8,344 $3.0M Add +0.4%
PANW Palo Alto Networks Inc. 2.24% 16,198 $2.9M Reduce -2.7%
AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO 2.21% 10,201 $2.9M Add +0.9%
MELI MercadoLibre Inc. 2.12% 1,636 $2.8M Reduce -1.1%
V Visa Inc. Class A 2.06% 8,571 $2.7M Add +0.3%
GE General Electric filed as GE AEROSPACE 2.04% 16,059 $2.7M Add +0.4%
IYW iShares Ustechnology ETF 2.01% 16,578 $2.6M Add +0.8%
VOO Vanguard S&P 500 ETF 2.00% 4,877 $2.6M Reduce -2.2%
META Meta Platforms Inc. Class A 1.90% 4,266 $2.5M Add +0.5%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 1.82% 10,844 $2.4M Add +2.0%
BRK.B Berkshire Hathaway Inc. Class B 1.81% 5,250 $2.4M Add +0.4%
AZO AutoZone Inc. 1.78% 730 $2.3M Add +0.1%
ISRG Intuitive Surgical Inc. 1.76% 4,428 $2.3M Add +0.3%
BLK BlackRock Inc. 1.76% 2,254 $2.3M New
GWW WW Grainger Inc. filed as GRAINGER W W INC 1.73% 2,152 $2.3M Add +0.6%
LLY Eli Lilly & Co. 1.61% 2,744 $2.1M Reduce -45.5%
GEV GE Vernova Inc. 1.55% 6,187 $2.0M Add +232.5%
RTX RTX Corp. 1.53% 17,406 $2.0M Add +37.3%
VFH Vanguard Financials ETF 1.46% 16,262 $1.9M Add +0.5%
PGR Progressive Corp. 1.41% 7,715 $1.8M Reduce -1.0%
RMD Resmed Inc. 1.38% 7,898 $1.8M Add +0.5%
XLE SS Energy Select Sector 1.26% 19,281 $1.7M Reduce -8.6%
CEG Constellation Energy 1.12% 6,597 $1.5M Reduce -2.2%
OUNZ Vaneck Merk Gold ETF 1.07% 55,695 $1.4M No change
HWM Howmet Aerospace Inc. 1.06% 12,752 $1.4M Add +1.1%
SGOL Abrdn Physical Gold Shares 1.05% 55,012 $1.4M Add +1.5%
XLI SS Industrial Select Sector 1.03% 10,261 $1.4M Add +0.5%
XLP SS Consumer Staples Sel Sect 0.90% 15,052 $1.2M Add +1.4%
GLD SPDR Gold Shares 0.89% 4,800 $1.2M No change
XLU St Sr Utl SL SE SPDR ETF-Usd 0.87% 15,073 $1.1M Add +0.6%
FTNT Fortinet Inc. 0.84% 11,634 $1.1M Add +1.8%
IAU iShares Gold Trust 0.82% 21,766 $1.1M No change
LNG Cheniere Energy Inc. 0.82% 4,994 $1.1M New
VST Vistra Corp. 0.80% 7,616 $1.1M Add +7.3%
LRCX Lam Research Corp. 0.64% 11,644 $841K New
ANET Arista Networks Inc. 0.55% 6,480 $716K No change
PH Parker Hannifin Corp. 0.54% 1,114 $709K No change
BRK.A Berkshire Hathaway Inc. Class A 0.52% 1 $681K No change
XLRE SS Real Estate Select Sector 0.51% 16,482 $670K Add +1.4%
XLB SS Materials Select Sector 0.50% 7,846 $660K Reduce -73.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.49% 1,105 $648K Reduce -1.3%
LIN Linde PLC 0.49% 1,526 $639K Add +5.2%
ITB iShares U.S. Home Constructi 0.48% 6,120 $633K Reduce -63.3%
GOOG Alphabet Inc. Class C 0.46% 3,142 $598K Add +0.0%
VGT Vanguard Info Tech ETF 0.43% 915 $569K No change
CTAS Cintas Corp. 0.43% 3,098 $566K Reduce -5.0%
ETN Eaton Corp. PLC 0.41% 1,619 $537K No change
UNP Union Pacific Corp. 0.40% 2,314 $528K Add +0.1%
PAYX Paychex Inc. 0.39% 3,617 $507K Add +0.6%
HCA HCA Healthcare Inc. 0.37% 1,615 $485K Reduce -80.1%
HUN Huntsman Corp. 0.34% 24,522 $442K Add +1.4%
TMO Thermo Fisher Scientific Inc. 0.33% 841 $438K Reduce -72.4%
CCJ Cameco Corp. 0.32% 8,234 $423K Add +5.8%
AXP American Express Co. 0.32% 1,416 $420K Add +0.2%
XHB SS SPDR S&P Homebldrs ETF 0.29% 3,706 $387K Add +0.1%
A Agilent Technologies Inc. 0.27% 2,590 $348K No change
ABBV Abbvie Inc. 0.26% 1,923 $342K Add +0.1%
SCCO Southern Copper Corp. 0.25% 3,664 $334K Add +0.6%
SOXX iShares Semiconductor ETF 0.25% 1,529 $329K Add +0.1%
XOM Exxon Mobil Corp. 0.25% 3,027 $326K No change
LMT Lockheed Martin Corp. 0.24% 655 $318K No change
URI United Rentals Inc. 0.24% 450 $317K No change
PG The Procter & Gamble Co. 0.23% 1,826 $306K Add +0.1%
VRTX Vertex Pharmaceuticals Inc. 0.22% 720 $290K Reduce -0.1%
NOC Northrop Grumman Corp. 0.22% 612 $287K Add +0.2%
GD General Dynamics Corp. 0.21% 1,044 $275K No change
IHF iShares U.S. Healthcare Prov 0.21% 5,725 $275K Add +0.2%
IVV iShares Core S&P 500 ETF 0.20% 448 $264K Add +0.2%
MDLZ Mondelez International Inc. Class A 0.20% 4,298 $257K No change
CVX Chevron Corp. 0.19% 1,742 $252K Reduce -21.0%
EOG EOG Resources Inc. 0.17% 1,790 $219K No change
BDRY Breakwave DRY Bulk Ship ETF 0.05% 10,499 $64K No change

Portfolio Sells Q3 2024 → Q4 2024
HCA HCA Healthcare Inc. Reduce -80.1% 0.37% −2.08
LLY Eli Lilly & Co. Reduce -45.5% 1.61% −1.70
XLB SS Materials Select Sector Reduce -73.2% 0.50% −1.59
ITB iShares U.S. Home Constructi Reduce -63.3% 0.48% −1.09
TMO Thermo Fisher Scientific Inc. Reduce -72.4% 0.33% −1.07
MELI MercadoLibre Inc. Reduce -1.1% 2.12% −0.40
GOOGL Alphabet Inc. Class A Reduce -22.5% 3.69% −0.37
CSX CSX Corp. Sold out 0.00% −0.28
IDXX Idexx Laboratories Inc. Sold out 0.00% −0.19
CEG Constellation Energy Reduce -2.2% 1.12% −0.18
MCO Moody's Corp. Sold out 0.00% −0.15
XLE SS Energy Select Sector Reduce -8.6% 1.26% −0.12
CTAS Cintas Corp. Reduce -5.0% 0.43% −0.07
PGR Progressive Corp. Reduce -1.0% 1.41% −0.06
CVX Chevron Corp. Reduce -21.0% 0.19% −0.05
VRTX Vertex Pharmaceuticals Inc. Reduce -0.1% 0.22% −0.03
SPY SS SPDR S&P 500 ETF Trust-US Reduce -1.3% 0.49% +0.02
VOO Vanguard S&P 500 ETF Reduce -2.2% 2.00% +0.05
PANW Palo Alto Networks Inc. Reduce -2.7% 2.24% +0.13
AMZN Amazon.com Inc. Reduce -0.4% 3.21% +0.54

Portfolio Buys Q3 2024 → Q4 2024
BLK BlackRock Inc. New 1.76% +1.76
GEV GE Vernova Inc. Add +232.5% 1.55% +1.20
LNG Cheniere Energy Inc. New 0.82% +0.82
LRCX Lam Research Corp. New 0.64% +0.64
NVDA Nvidia Corp. Add +0.6% 3.28% +0.41
MSFT Microsoft Corp. Add +9.6% 4.40% +0.40
RTX RTX Corp. Add +37.3% 1.53% +0.39
XLY SS Consumer Disc Select Sect Add +0.4% 2.71% +0.36
IGV iShares Expanded Tech-Softwa Add +0.5% 2.49% +0.33
BX Blackstone Inc. Add +0.7% 2.32% +0.33
V Visa Inc. Class A Add +0.3% 2.06% +0.32
XLC SS Comm Select Sector SPDR Add +0.3% 3.26% +0.30
AAPL Apple Inc. Add +0.1% 2.70% +0.25
PWR Quanta Services Inc. Add +0.2% 3.08% +0.25
FTNT Fortinet Inc. Add +1.8% 0.84% +0.18
VST Vistra Corp. Add +7.3% 0.80% +0.17
IYW iShares Ustechnology ETF Add +0.8% 2.01% +0.16
ISRG Intuitive Surgical Inc. Add +0.3% 1.76% +0.15
COST Costco Wholesale Corp. Add +0.8% 2.36% +0.15
VFH Vanguard Financials ETF Add +0.5% 1.46% +0.14
HWM Howmet Aerospace Inc. Add +1.1% 1.06% +0.12
META Meta Platforms Inc. Class A Add +0.5% 1.90% +0.10
AJG Arthur J Gallagher & Co. Add +0.9% 2.21% +0.09
GWW WW Grainger Inc. Add +0.6% 1.73% +0.08
AZO AutoZone Inc. Add +0.1% 1.78% +0.08
IBM Intl Business Machines Corp. Add +2.0% 1.82% +0.07
GOOG Alphabet Inc. Class C Add +0.0% 0.46% +0.07
SYK Stryker Corp. Add +0.4% 2.29% +0.06
CCJ Cameco Corp. Add +5.8% 0.32% +0.05
SGOL Abrdn Physical Gold Shares Add +1.5% 1.05% +0.04
AXP American Express Co. Add +0.2% 0.32% +0.04
PAYX Paychex Inc. Add +0.6% 0.39% +0.03
BRK.B Berkshire Hathaway Inc. Class B Add +0.4% 1.81% +0.03
IVV iShares Core S&P 500 ETF Add +0.2% 0.20% +0.01
XLI SS Industrial Select Sector Add +0.5% 1.03% +0.00
PG The Procter & Gamble Co. Add +0.1% 0.23% −0.00
SOXX iShares Semiconductor ETF Add +0.1% 0.25% −0.01
XLP SS Consumer Staples Sel Sect Add +1.4% 0.90% −0.01
NOC Northrop Grumman Corp. Add +0.2% 0.22% −0.02
UNP Union Pacific Corp. Add +0.1% 0.40% −0.02
ABBV Abbvie Inc. Add +0.1% 0.26% −0.02
LIN Linde PLC Add +5.2% 0.49% −0.03
XLRE SS Real Estate Select Sector Add +1.4% 0.51% −0.03
XLU St Sr Utl SL SE SPDR ETF-Usd Add +0.6% 0.87% −0.03
IHF iShares U.S. Healthcare Prov Add +0.2% 0.21% −0.03
XHB SS SPDR S&P Homebldrs ETF Add +0.1% 0.29% −0.05
RMD Resmed Inc. Add +0.5% 1.38% −0.05
SCCO Southern Copper Corp. Add +0.6% 0.25% −0.06
HUN Huntsman Corp. Add +1.4% 0.34% −0.10
GE General Electric Add +0.4% 2.04% −0.20

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 93$163.4MGOOGL, GEV, MU, MSFT, SGOL
Q1 2026 83$135.2MGOOGL, SGOL, GEV, XLC, GE
Q4 2025 83$151.9MGOOGL, MSFT, SGOL, XLC, GE
Q3 2025 94$158.6MGOOGL, MSFT, SGOL, XLC, GE
Q2 2025 89$143.0MMSFT, GOOGL, XLC, SGOL, MELI
Q1 2025 85$127.1MMSFT, XLC, SGOL, GOOGL, AMZN
Q4 2024 84$131.3MMSFT, GOOGL, NVDA, XLC, AMZN
Q3 2024 84$134.7MGOOGL, MSFT, LLY, XLC, IRM
Q2 2024 82$126.7MGOOGL, MSFT, NVDA, LLY, LRCX
Q1 2024 84$125.5MNVDA, MSFT, GOOGL, LRCX, LLY