Terra Nova Asset Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 23, 2025), Terra Nova Asset Management LLC reported 85 stock positions worth $127.1 million. Its top holding was Microsoft (MSFT) at 3.6% of the portfolio, followed by SS Comm Select Sector SPDR (XLC, 3.4%) and Abrdn Physical Gold Shares (SGOL, 3.2%). Compared with Q4 2024, it opened 9 new positions, sold out of 8, added to 37 and reduced 24. The biggest buy was Abrdn Physical Gold Shares (SGOL, shares +147%) and the biggest sale an exit from Quanta Services (PWR).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001658652
- Portfolio Value
- $127.1M (Q1 2025)
- SEC Filing
- 0001085146-25-002274 ↗ filed Apr 23, 2025
Holdings Value
Holdings 85 stocks · $127.1M
| MSFT Microsoft Corp. | 3.55% | 12,032 | $4.5M | Reduce -12.3% |
| XLC SS Comm Select Sector SPDR | 3.37% | 44,335 | $4.3M | Add +0.3% |
| SGOL Abrdn Physical Gold Shares | 3.18% | 135,614 | $4.0M | Add +146.5% |
| GOOGL Alphabet Inc. Class A | 3.16% | 25,982 | $4.0M | Add +1.5% |
| AMZN Amazon.com Inc. | 3.03% | 20,249 | $3.9M | Add +5.4% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 2.77% | 10,212 | $3.5M | Add +0.1% |
| AAPL Apple Inc. | 2.63% | 15,018 | $3.3M | Add +6.0% |
| GE General Electric filed as GE AEROSPACE | 2.57% | 16,326 | $3.3M | Add +1.7% |
| COST Costco Wholesale Corp. | 2.54% | 3,408 | $3.2M | Add +0.9% |
| MELI MercadoLibre Inc. | 2.46% | 1,605 | $3.1M | Reduce -1.9% |
| SYK Stryker Corp. | 2.46% | 8,399 | $3.1M | Add +0.7% |
| IGV iShares Expanded Tech-Softwa | 2.29% | 32,731 | $2.9M | Add +0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.26% | 11,531 | $2.9M | Add +6.3% |
| V Visa Inc. Class A | 2.22% | 8,034 | $2.8M | Reduce -6.3% |
| PANW Palo Alto Networks Inc. | 2.21% | 16,456 | $2.8M | Add +1.6% |
| AZO AutoZone Inc. | 2.19% | 731 | $2.8M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.19% | 5,229 | $2.8M | Reduce -0.4% |
| META Meta Platforms Inc. Class A | 2.01% | 4,430 | $2.6M | Add +3.8% |
| VOO Vanguard S&P 500 ETF | 1.90% | 4,704 | $2.4M | Reduce -3.5% |
| IYW iShares Ustechnology ETF | 1.84% | 16,610 | $2.3M | Add +0.2% |
| LLY Eli Lilly & Co. | 1.83% | 2,815 | $2.3M | Add +2.6% |
| RTX RTX Corp. | 1.83% | 17,518 | $2.3M | Add +0.6% |
| ISRG Intuitive Surgical Inc. | 1.81% | 4,645 | $2.3M | Add +4.9% |
| BLK BlackRock Inc. | 1.76% | 2,366 | $2.2M | Add +5.0% |
| GEV GE Vernova Inc. | 1.69% | 7,046 | $2.2M | Add +13.9% |
| PGR Progressive Corp. | 1.69% | 7,592 | $2.1M | Reduce -1.6% |
| BX Blackstone Inc. | 1.65% | 14,989 | $2.1M | Reduce -15.0% |
| JPM JPMorgan Chase & Co. | 1.59% | 8,228 | $2.0M | New |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 1.56% | 2,011 | $2.0M | Reduce -6.5% |
| LRCX Lam Research Corp. | 1.55% | 27,172 | $2.0M | Add +133.4% |
| VFH Vanguard Financials ETF | 1.53% | 16,251 | $1.9M | Reduce -0.1% |
| XLY SS Consumer Disc Select Sect | 1.47% | 9,481 | $1.9M | Reduce -40.3% |
| RMD Resmed Inc. | 1.40% | 7,950 | $1.8M | Add +0.7% |
| XLE SS Energy Select Sector | 1.39% | 18,943 | $1.8M | Reduce -1.8% |
| NOW ServiceNow Inc. | 1.35% | 2,147 | $1.7M | New |
| HWM Howmet Aerospace Inc. | 1.33% | 12,979 | $1.7M | Add +1.8% |
| OUNZ Vaneck Merk Gold ETF | 1.32% | 55,695 | $1.7M | No change |
| GS Goldman Sachs Group Inc. | 1.29% | 3,008 | $1.6M | New |
| NVDA Nvidia Corp. | 1.25% | 14,614 | $1.6M | Reduce -54.5% |
| GLD SPDR Gold Shares | 1.09% | 4,800 | $1.4M | No change |
| XLI SS Industrial Select Sector | 1.06% | 10,311 | $1.4M | Add +0.5% |
| FTNT Fortinet Inc. | 1.06% | 13,934 | $1.3M | Add +19.8% |
| LNG Cheniere Energy Inc. | 1.06% | 5,794 | $1.3M | Add +16.0% |
| IAU iShares Gold Trust | 1.01% | 21,766 | $1.3M | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.95% | 15,260 | $1.2M | Add +1.2% |
| SHLD Global X Defense Tech ETF | 0.85% | 23,089 | $1.1M | New |
| VST Vistra Corp. | 0.67% | 7,212 | $847K | Reduce -5.3% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.63% | 1 | $798K | No change |
| LIN Linde PLC | 0.60% | 1,625 | $757K | Add +6.5% |
| XLRE SS Real Estate Select Sector | 0.54% | 16,538 | $692K | Add +0.3% |
| PH Parker Hannifin Corp. | 0.53% | 1,114 | $677K | No change |
| EUAD Select Stoxx Eur Aer DE ETF | 0.53% | 20,114 | $674K | New |
| GOOG Alphabet Inc. Class C | 0.50% | 4,039 | $631K | Add +28.6% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.48% | 1,099 | $615K | Reduce -0.5% |
| CTAS Cintas Corp. | 0.47% | 2,884 | $593K | Reduce -6.9% |
| PAYX Paychex Inc. | 0.46% | 3,770 | $582K | Add +4.2% |
| DBEU Xtrackers MSCI Europe Hedged | 0.45% | 12,926 | $571K | New |
| UNP Union Pacific Corp. | 0.43% | 2,294 | $542K | Reduce -0.9% |
| VGT Vanguard Info Tech ETF | 0.39% | 915 | $496K | No change |
| HCA HCA Healthcare Inc. | 0.38% | 1,413 | $488K | Reduce -12.5% |
| ABBV Abbvie Inc. | 0.32% | 1,925 | $403K | Add +0.1% |
| TMO Thermo Fisher Scientific Inc. | 0.31% | 794 | $395K | Reduce -5.6% |
| AXP American Express Co. | 0.30% | 1,419 | $382K | Add +0.2% |
| ETN Eaton Corp. PLC | 0.30% | 1,394 | $379K | Reduce -13.9% |
| XOM Exxon Mobil Corp. | 0.28% | 3,027 | $360K | No change |
| XHB SS SPDR S&P Homebldrs ETF | 0.28% | 3,712 | $360K | Add +0.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.27% | 720 | $349K | No change |
| SCCO Southern Copper Corp. | 0.27% | 3,691 | $345K | Add +0.7% |
| CCJ Cameco Corp. | 0.26% | 7,900 | $325K | Reduce -4.1% |
| NOC Northrop Grumman Corp. | 0.25% | 612 | $313K | No change |
| PG The Procter & Gamble Co. | 0.24% | 1,827 | $311K | Add +0.1% |
| EWG iShares MSCI Germany ETF | 0.23% | 7,958 | $295K | New |
| LMT Lockheed Martin Corp. | 0.23% | 655 | $293K | No change |
| MDLZ Mondelez International Inc. Class A | 0.23% | 4,298 | $292K | No change |
| CVX Chevron Corp. | 0.23% | 1,742 | $291K | No change |
| URI United Rentals Inc. | 0.22% | 450 | $282K | No change |
| NFLX Netflix Inc. | 0.21% | 282 | $263K | New |
| ANET Arista Networks Inc. | 0.20% | 3,280 | $254K | Reduce -49.4% |
| IVV iShares Core S&P 500 ETF | 0.20% | 449 | $252K | Add +0.2% |
| GD General Dynamics Corp. | 0.19% | 895 | $244K | Reduce -14.3% |
| EOG EOG Resources Inc. | 0.18% | 1,790 | $230K | No change |
| IHF iShares U.S. Healthcare Prov | 0.17% | 4,202 | $222K | Reduce -26.6% |
| CTVA Corteva Inc. | 0.16% | 3,243 | $204K | New |
| A Agilent Technologies Inc. | 0.16% | 1,740 | $204K | Reduce -32.8% |
| BDRY Breakwave DRY Bulk Ship ETF | 0.05% | 10,499 | $66K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| PWR Quanta Services Inc. | Sold out | 0.00% | −3.08 |
| IRM Iron Mountain Inc. | Sold out | 0.00% | −2.63 |
| NVDA Nvidia Corp. | Reduce -54.5% | 1.25% | −2.04 |
| XLY SS Consumer Disc Select Sect | Reduce -40.3% | 1.47% | −1.24 |
| CEG Constellation Energy | Sold out | 0.00% | −1.12 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.90 |
| MSFT Microsoft Corp. | Reduce -12.3% | 3.55% | −0.85 |
| BX Blackstone Inc. | Reduce -15.0% | 1.65% | −0.67 |
| XLB SS Materials Select Sector | Sold out | 0.00% | −0.50 |
| ITB iShares U.S. Home Constructi | Sold out | 0.00% | −0.48 |
| ANET Arista Networks Inc. | Reduce -49.4% | 0.20% | −0.35 |
| HUN Huntsman Corp. | Sold out | 0.00% | −0.34 |
| SOXX iShares Semiconductor ETF | Sold out | 0.00% | −0.25 |
| GWW WW Grainger Inc. | Reduce -6.5% | 1.56% | −0.16 |
| VST Vistra Corp. | Reduce -5.3% | 0.67% | −0.13 |
| ETN Eaton Corp. PLC | Reduce -13.9% | 0.30% | −0.11 |
| A Agilent Technologies Inc. | Reduce -32.8% | 0.16% | −0.10 |
| VOO Vanguard S&P 500 ETF | Reduce -3.5% | 1.90% | −0.10 |
| CCJ Cameco Corp. | Reduce -4.1% | 0.26% | −0.07 |
| IHF iShares U.S. Healthcare Prov | Reduce -26.6% | 0.17% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -5.6% | 0.31% | −0.02 |
| GD General Dynamics Corp. | Reduce -14.3% | 0.19% | −0.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -0.5% | 0.48% | −0.01 |
| HCA HCA Healthcare Inc. | Reduce -12.5% | 0.38% | +0.02 |
| UNP Union Pacific Corp. | Reduce -0.9% | 0.43% | +0.02 |
| CTAS Cintas Corp. | Reduce -6.9% | 0.47% | +0.04 |
| VFH Vanguard Financials ETF | Reduce -0.1% | 1.53% | +0.07 |
| XLE SS Energy Select Sector | Reduce -1.8% | 1.39% | +0.14 |
| V Visa Inc. Class A | Reduce -6.3% | 2.22% | +0.15 |
| PGR Progressive Corp. | Reduce -1.6% | 1.69% | +0.28 |
| MELI MercadoLibre Inc. | Reduce -1.9% | 2.46% | +0.35 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.4% | 2.19% | +0.38 |
Portfolio Buys Q4 2024 → Q1 2025
| SGOL Abrdn Physical Gold Shares | Add +146.5% | 3.18% | +2.13 |
| JPM JPMorgan Chase & Co. | New | 1.59% | +1.59 |
| NOW ServiceNow Inc. | New | 1.35% | +1.35 |
| GS Goldman Sachs Group Inc. | New | 1.29% | +1.29 |
| LRCX Lam Research Corp. | Add +133.4% | 1.55% | +0.91 |
| SHLD Global X Defense Tech ETF | New | 0.85% | +0.85 |
| AJG Arthur J Gallagher & Co. | Add +0.1% | 2.77% | +0.57 |
| GE General Electric | Add +1.7% | 2.57% | +0.53 |
| EUAD Select Stoxx Eur Aer DE ETF | New | 0.53% | +0.53 |
| DBEU Xtrackers MSCI Europe Hedged | New | 0.45% | +0.45 |
| IBM Intl Business Machines Corp. | Add +6.3% | 2.26% | +0.44 |
| AZO AutoZone Inc. | Add +0.1% | 2.19% | +0.41 |
| RTX RTX Corp. | Add +0.6% | 1.83% | +0.29 |
| HWM Howmet Aerospace Inc. | Add +1.8% | 1.33% | +0.26 |
| LNG Cheniere Energy Inc. | Add +16.0% | 1.06% | +0.24 |
| EWG iShares MSCI Germany ETF | New | 0.23% | +0.23 |
| FTNT Fortinet Inc. | Add +19.8% | 1.06% | +0.22 |
| LLY Eli Lilly & Co. | Add +2.6% | 1.83% | +0.22 |
| NFLX Netflix Inc. | New | 0.21% | +0.21 |
| COST Costco Wholesale Corp. | Add +0.9% | 2.54% | +0.18 |
| SYK Stryker Corp. | Add +0.7% | 2.46% | +0.17 |
| CTVA Corteva Inc. | New | 0.16% | +0.16 |
| GEV GE Vernova Inc. | Add +13.9% | 1.69% | +0.14 |
| LIN Linde PLC | Add +6.5% | 0.60% | +0.11 |
| META Meta Platforms Inc. Class A | Add +3.8% | 2.01% | +0.11 |
| XLC SS Comm Select Sector SPDR | Add +0.3% | 3.37% | +0.11 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +1.2% | 0.95% | +0.08 |
| PAYX Paychex Inc. | Add +4.2% | 0.46% | +0.07 |
| ABBV Abbvie Inc. | Add +0.1% | 0.32% | +0.06 |
| ISRG Intuitive Surgical Inc. | Add +4.9% | 1.81% | +0.05 |
| GOOG Alphabet Inc. Class C | Add +28.6% | 0.50% | +0.04 |
| XLRE SS Real Estate Select Sector | Add +0.3% | 0.54% | +0.03 |
| XLI SS Industrial Select Sector | Add +0.5% | 1.06% | +0.03 |
| RMD Resmed Inc. | Add +0.7% | 1.40% | +0.03 |
| SCCO Southern Copper Corp. | Add +0.7% | 0.27% | +0.02 |
| PG The Procter & Gamble Co. | Add +0.1% | 0.24% | +0.01 |
| BLK BlackRock Inc. | Add +5.0% | 1.76% | +0.00 |
| IVV iShares Core S&P 500 ETF | Add +0.2% | 0.20% | −0.00 |
| XHB SS SPDR S&P Homebldrs ETF | Add +0.2% | 0.28% | −0.01 |
| AXP American Express Co. | Add +0.2% | 0.30% | −0.02 |
| PANW Palo Alto Networks Inc. | Add +1.6% | 2.21% | −0.03 |
| AAPL Apple Inc. | Add +6.0% | 2.63% | −0.08 |
| AMZN Amazon.com Inc. | Add +5.4% | 3.03% | −0.18 |
| IYW iShares Ustechnology ETF | Add +0.2% | 1.84% | −0.18 |
| IGV iShares Expanded Tech-Softwa | Add +0.1% | 2.29% | −0.20 |
| GOOGL Alphabet Inc. Class A | Add +1.5% | 3.16% | −0.53 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 93 | $163.4M | GOOGL, GEV, MU, MSFT, SGOL |
| Q1 2026 | 83 | $135.2M | GOOGL, SGOL, GEV, XLC, GE |
| Q4 2025 | 83 | $151.9M | GOOGL, MSFT, SGOL, XLC, GE |
| Q3 2025 | 94 | $158.6M | GOOGL, MSFT, SGOL, XLC, GE |
| Q2 2025 | 89 | $143.0M | MSFT, GOOGL, XLC, SGOL, MELI |
| Q1 2025 | 85 | $127.1M | MSFT, XLC, SGOL, GOOGL, AMZN |
| Q4 2024 | 84 | $131.3M | MSFT, GOOGL, NVDA, XLC, AMZN |
| Q3 2024 | 84 | $134.7M | GOOGL, MSFT, LLY, XLC, IRM |
| Q2 2024 | 82 | $126.7M | GOOGL, MSFT, NVDA, LLY, LRCX |
| Q1 2024 | 84 | $125.5M | NVDA, MSFT, GOOGL, LRCX, LLY |