Terra Nova Asset Management LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Terra Nova Asset Management LLC reported 94 stock positions worth $158.6 million. Its top holding was Alphabet Class A (GOOGL) at 4.0% of the portfolio, followed by Microsoft (MSFT, 3.7%) and Abrdn Physical Gold Shares (SGOL, 3.2%). Compared with Q2 2025, it opened 10 new positions, sold out of 5, added to 38 and reduced 31. The biggest buy was a new position in Vertiv Class A (VRT) and the biggest sale an exit from SS Energy Select Sector (XLE).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001658652
- Portfolio Value
- $158.6M (Q3 2025)
- SEC Filing
- 0001658652-25-000004 ↗ filed Nov 14, 2025
Holdings Value
Holdings 94 stocks · $158.6M
| GOOGL Alphabet Inc. Class A | 3.96% | 25,801 | $6.3M | Reduce -0.0% |
| MSFT Microsoft Corp. | 3.69% | 11,290 | $5.8M | Add +0.5% |
| SGOL Abrdn Physical Gold Shares | 3.24% | 139,606 | $5.1M | Add +2.8% |
| XLC SS Comm Select Sector SPDR | 3.07% | 41,113 | $4.9M | Reduce -1.2% |
| GE General Electric filed as GE AEROSPACE | 3.06% | 16,129 | $4.9M | Reduce -0.6% |
| GEV GE Vernova Inc. | 2.71% | 6,981 | $4.3M | Reduce -0.5% |
| VOO Vanguard S&P 500 ETF | 2.61% | 6,753 | $4.1M | Reduce -3.5% |
| MELI MercadoLibre Inc. | 2.38% | 1,613 | $3.8M | Reduce -0.3% |
| AMZN Amazon.com Inc. | 2.31% | 16,651 | $3.7M | Add +1.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 2.28% | 12,802 | $3.6M | Add +6.3% |
| IYW iShares Ustechnology ETF | 2.04% | 16,552 | $3.2M | Add +3.1% |
| PANW Palo Alto Networks Inc. | 2.03% | 15,807 | $3.2M | Add +1.9% |
| NVDA Nvidia Corp. | 2.02% | 17,129 | $3.2M | Add +2.3% |
| COST Costco Wholesale Corp. | 1.99% | 3,403 | $3.2M | Reduce -0.5% |
| AZO AutoZone Inc. | 1.98% | 732 | $3.1M | Reduce -0.1% |
| META Meta Platforms Inc. Class A | 1.95% | 4,216 | $3.1M | Add +1.3% |
| RTX RTX Corp. | 1.93% | 18,253 | $3.1M | Add +4.7% |
| AAPL Apple Inc. | 1.92% | 11,952 | $3.0M | Add +10.6% |
| SYK Stryker Corp. | 1.89% | 8,107 | $3.0M | Add +0.8% |
| IGV iShares Expanded Tech-Softwa | 1.87% | 25,816 | $3.0M | Add +2.4% |
| CCJ Cameco Corp. | 1.86% | 35,137 | $2.9M | Add +1.2% |
| PLTR Palantir Technologies Inc. Class A | 1.77% | 15,420 | $2.8M | Add +10.9% |
| NOW ServiceNow Inc. | 1.73% | 2,984 | $2.7M | Add +1.7% |
| BLK BlackRock Inc. | 1.73% | 2,349 | $2.7M | Reduce -0.6% |
| V Visa Inc. Class A | 1.70% | 7,908 | $2.7M | Reduce -1.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.62% | 5,096 | $2.6M | Reduce -0.5% |
| HWM Howmet Aerospace Inc. | 1.60% | 12,903 | $2.5M | Add +0.8% |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 1.56% | 7,967 | $2.5M | Reduce -22.4% |
| JPM JPMorgan Chase & Co. | 1.52% | 7,629 | $2.4M | Add +1.4% |
| XLY SS Consumer Disc Select Sect | 1.37% | 9,066 | $2.2M | Add +0.1% |
| RMD Resmed Inc. | 1.35% | 7,805 | $2.1M | Add +0.6% |
| VFH Vanguard Financials ETF | 1.34% | 16,227 | $2.1M | Add +0.3% |
| GS Goldman Sachs Group Inc. | 1.32% | 2,638 | $2.1M | Add +1.3% |
| OUNZ Vaneck Merk Gold ETF | 1.31% | 55,695 | $2.1M | No change |
| ISRG Intuitive Surgical Inc. | 1.29% | 4,562 | $2.0M | Reduce -8.7% |
| COIN Coinbase Global Inc. Class A | 1.25% | 5,882 | $2.0M | Add +548.5% |
| SHLD Global X Defense Tech ETF | 1.22% | 27,457 | $1.9M | Add +17.3% |
| PGR Progressive Corp. | 1.17% | 7,493 | $1.9M | Reduce -1.0% |
| VRT Vertiv Holdings Co. Class A | 1.16% | 12,174 | $1.8M | New |
| GLD SPDR Gold Shares | 1.08% | 4,800 | $1.7M | No change |
| LLY Eli Lilly & Co. | 1.00% | 2,081 | $1.6M | Reduce -3.2% |
| IAU iShares Gold Trust | 1.00% | 21,766 | $1.6M | No change |
| NFLX Netflix Inc. | 0.98% | 1,297 | $1.6M | Add +3.4% |
| XLI SS Industrial Select Sector | 0.96% | 9,910 | $1.5M | Reduce -0.1% |
| LNG Cheniere Energy Inc. | 0.95% | 6,398 | $1.5M | Add +2.1% |
| MCK McKesson Corp. | 0.93% | 1,917 | $1.5M | New |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.91% | 1,516 | $1.4M | Reduce -2.6% |
| AXON Axon Enterprise Inc. | 0.91% | 2,008 | $1.4M | New |
| VST Vistra Corp. | 0.88% | 7,146 | $1.4M | Add +6.3% |
| EUAD Select Stoxx Eur Aer DE ETF | 0.73% | 24,703 | $1.2M | Add +11.8% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.72% | 13,086 | $1.1M | Add +6.1% |
| FTNT Fortinet Inc. | 0.72% | 13,534 | $1.1M | Reduce -2.9% |
| MP MP Materials Corp. | 0.65% | 15,305 | $1.0M | New |
| CEG Constellation Energy | 0.65% | 3,114 | $1.0M | Add +4.1% |
| PH Parker Hannifin Corp. | 0.53% | 1,104 | $837K | Reduce -0.9% |
| LIN Linde PLC | 0.49% | 1,624 | $771K | Add +0.3% |
| GOOG Alphabet Inc. Class C | 0.49% | 3,160 | $770K | Reduce -1.7% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.48% | 1 | $754K | No change |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.44% | 1,036 | $690K | Add +0.2% |
| VGT Vanguard Info Tech ETF | 0.43% | 915 | $683K | No change |
| HCA HCA Healthcare Inc. | 0.38% | 1,417 | $604K | Add +0.1% |
| ETN Eaton Corp. PLC | 0.33% | 1,400 | $524K | Reduce -1.3% |
| UNP Union Pacific Corp. | 0.33% | 2,210 | $522K | Reduce -3.7% |
| BX Blackstone Inc. | 0.31% | 2,920 | $499K | Add +0.6% |
| ANET Arista Networks Inc. | 0.30% | 3,280 | $478K | No change |
| PAYX Paychex Inc. | 0.30% | 3,692 | $468K | Reduce -2.7% |
| AXP American Express Co. | 0.29% | 1,396 | $464K | Reduce -1.9% |
| SCCO Southern Copper Corp. | 0.29% | 3,765 | $457K | Add +1.0% |
| ABBV Abbvie Inc. | 0.28% | 1,925 | $446K | Reduce -0.1% |
| LRCX Lam Research Corp. | 0.26% | 3,091 | $414K | Add +30.0% |
| CLS Celestica Inc. | 0.26% | 1,648 | $406K | Add +6.0% |
| CTAS Cintas Corp. | 0.23% | 1,800 | $369K | Reduce -23.4% |
| SOXX iShares Semiconductor ETF | 0.23% | 1,330 | $361K | New |
| NOC Northrop Grumman Corp. | 0.22% | 584 | $356K | Reduce -4.6% |
| XOM Exxon Mobil Corp. | 0.22% | 3,027 | $341K | No change |
| EWG iShares MSCI Germany ETF | 0.21% | 8,161 | $340K | Add +1.2% |
| URI United Rentals Inc. | 0.21% | 350 | $334K | Reduce -22.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.21% | 544 | $327K | No change |
| GD General Dynamics Corp. | 0.19% | 895 | $305K | No change |
| IVV iShares Core S&P 500 ETF | 0.19% | 451 | $302K | Add +0.2% |
| CVX Chevron Corp. | 0.17% | 1,742 | $271K | No change |
| MDLZ Mondelez International Inc. Class A | 0.17% | 4,298 | $268K | No change |
| PG The Procter & Gamble Co. | 0.16% | 1,680 | $258K | Reduce -8.1% |
| VOOG Vanguard S&P 500 Growth ETF | 0.16% | 590 | $257K | No change |
| TQQQ Proshares Ultrapro QQQ | 0.16% | 2,442 | $253K | New |
| CTVA Corteva Inc. | 0.15% | 3,543 | $240K | No change |
| LMT Lockheed Martin Corp. | 0.15% | 470 | $235K | Reduce -28.2% |
| XHB SS SPDR S&P Homebldrs ETF | 0.14% | 2,028 | $225K | Reduce -45.4% |
| A Agilent Technologies Inc. | 0.14% | 1,740 | $223K | No change |
| ORCL Oracle Corp. | 0.14% | 794 | $223K | New |
| BKNG Booking Holdings Inc. | 0.14% | 41 | $221K | New |
| RKLB Rocket Lab Corp. | 0.13% | 4,458 | $214K | New |
| STRL Sterling Infrastructure Inc. | 0.13% | 625 | $212K | New |
| EOG EOG Resources Inc. | 0.13% | 1,790 | $201K | No change |
Portfolio Sells Q2 2025 → Q3 2025
| XLE SS Energy Select Sector | Sold out | 0.00% | −1.05 |
| AJG Arthur J Gallagher & Co. | Reduce -22.4% | 1.56% | −0.74 |
| ISRG Intuitive Surgical Inc. | Reduce -8.7% | 1.29% | −0.61 |
| MELI MercadoLibre Inc. | Reduce -0.3% | 2.38% | −0.58 |
| XLRE SS Real Estate Select Sector | Sold out | 0.00% | −0.44 |
| COST Costco Wholesale Corp. | Reduce -0.5% | 1.99% | −0.38 |
| FTNT Fortinet Inc. | Reduce -2.9% | 0.72% | −0.31 |
| V Visa Inc. Class A | Reduce -1.1% | 1.70% | −0.28 |
| DBEU Xtrackers MSCI Europe Hedged | Sold out | 0.00% | −0.25 |
| PGR Progressive Corp. | Reduce -1.0% | 1.17% | −0.25 |
| GWW WW Grainger Inc. | Reduce -2.6% | 0.91% | −0.22 |
| VOO Vanguard S&P 500 ETF | Reduce -3.5% | 2.61% | −0.17 |
| LLY Eli Lilly & Co. | Reduce -3.2% | 1.00% | −0.17 |
| TMO Thermo Fisher Scientific Inc. | Sold out | 0.00% | −0.15 |
| IHF iShares U.S. Healthcare Prov | Sold out | 0.00% | −0.14 |
| CTAS Cintas Corp. | Reduce -23.4% | 0.23% | −0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.5% | 1.62% | −0.12 |
| XHB SS SPDR S&P Homebldrs ETF | Reduce -45.4% | 0.14% | −0.11 |
| PAYX Paychex Inc. | Reduce -2.7% | 0.30% | −0.09 |
| XLC SS Comm Select Sector SPDR | Reduce -1.2% | 3.07% | −0.09 |
| LMT Lockheed Martin Corp. | Reduce -28.2% | 0.15% | −0.06 |
| XLI SS Industrial Select Sector | Reduce -0.1% | 0.96% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -8.1% | 0.16% | −0.04 |
| UNP Union Pacific Corp. | Reduce -3.7% | 0.33% | −0.04 |
| URI United Rentals Inc. | Reduce -22.2% | 0.21% | −0.03 |
| AXP American Express Co. | Reduce -1.9% | 0.29% | −0.02 |
| ETN Eaton Corp. PLC | Reduce -1.3% | 0.33% | −0.02 |
| PH Parker Hannifin Corp. | Reduce -0.9% | 0.53% | −0.02 |
| BLK BlackRock Inc. | Reduce -0.6% | 1.73% | −0.01 |
| NOC Northrop Grumman Corp. | Reduce -4.6% | 0.22% | +0.01 |
| ABBV Abbvie Inc. | Reduce -0.1% | 0.28% | +0.03 |
| AZO AutoZone Inc. | Reduce -0.1% | 1.98% | +0.08 |
| GOOG Alphabet Inc. Class C | Reduce -1.7% | 0.49% | +0.09 |
| GEV GE Vernova Inc. | Reduce -0.5% | 2.71% | +0.11 |
| GE General Electric | Reduce -0.6% | 3.06% | +0.14 |
| GOOGL Alphabet Inc. Class A | Reduce -0.0% | 3.96% | +0.78 |
Portfolio Buys Q2 2025 → Q3 2025
| VRT Vertiv Holdings Co. Class A | New | 1.16% | +1.16 |
| COIN Coinbase Global Inc. Class A | Add +548.5% | 1.25% | +1.03 |
| MCK McKesson Corp. | New | 0.93% | +0.93 |
| AXON Axon Enterprise Inc. | New | 0.91% | +0.91 |
| MP MP Materials Corp. | New | 0.65% | +0.65 |
| PLTR Palantir Technologies Inc. Class A | Add +10.9% | 1.77% | +0.45 |
| AAPL Apple Inc. | Add +10.6% | 1.92% | +0.37 |
| SGOL Abrdn Physical Gold Shares | Add +2.8% | 3.24% | +0.24 |
| SHLD Global X Defense Tech ETF | Add +17.3% | 1.22% | +0.23 |
| SOXX iShares Semiconductor ETF | New | 0.23% | +0.23 |
| NVDA Nvidia Corp. | Add +2.3% | 2.02% | +0.17 |
| TQQQ Proshares Ultrapro QQQ | New | 0.16% | +0.16 |
| RTX RTX Corp. | Add +4.7% | 1.93% | +0.15 |
| ORCL Oracle Corp. | New | 0.14% | +0.14 |
| BKNG Booking Holdings Inc. | New | 0.14% | +0.14 |
| RKLB Rocket Lab Corp. | New | 0.13% | +0.13 |
| STRL Sterling Infrastructure Inc. | New | 0.13% | +0.13 |
| IYW iShares Ustechnology ETF | Add +3.1% | 2.04% | +0.10 |
| LRCX Lam Research Corp. | Add +30.0% | 0.26% | +0.10 |
| CLS Celestica Inc. | Add +6.0% | 0.26% | +0.09 |
| EUAD Select Stoxx Eur Aer DE ETF | Add +11.8% | 0.73% | +0.07 |
| CCJ Cameco Corp. | Add +1.2% | 1.86% | +0.06 |
| GS Goldman Sachs Group Inc. | Add +1.3% | 1.32% | +0.04 |
| SCCO Southern Copper Corp. | Add +1.0% | 0.29% | +0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +6.1% | 0.72% | +0.02 |
| BX Blackstone Inc. | Add +0.6% | 0.31% | +0.01 |
| HCA HCA Healthcare Inc. | Add +0.1% | 0.38% | +0.00 |
| IVV iShares Core S&P 500 ETF | Add +0.2% | 0.19% | −0.00 |
| XLY SS Consumer Disc Select Sect | Add +0.1% | 1.37% | −0.01 |
| JPM JPMorgan Chase & Co. | Add +1.4% | 1.52% | −0.01 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +0.2% | 0.44% | −0.01 |
| EWG iShares MSCI Germany ETF | Add +1.2% | 0.21% | −0.02 |
| VST Vistra Corp. | Add +6.3% | 0.88% | −0.03 |
| CEG Constellation Energy | Add +4.1% | 0.65% | −0.03 |
| LIN Linde PLC | Add +0.3% | 0.49% | −0.04 |
| RMD Resmed Inc. | Add +0.6% | 1.35% | −0.05 |
| IGV iShares Expanded Tech-Softwa | Add +2.4% | 1.87% | −0.06 |
| HWM Howmet Aerospace Inc. | Add +0.8% | 1.60% | −0.07 |
| VFH Vanguard Financials ETF | Add +0.3% | 1.34% | −0.10 |
| LNG Cheniere Energy Inc. | Add +2.1% | 0.95% | −0.12 |
| PANW Palo Alto Networks Inc. | Add +1.9% | 2.03% | −0.19 |
| NFLX Netflix Inc. | Add +3.4% | 0.98% | −0.19 |
| META Meta Platforms Inc. Class A | Add +1.3% | 1.95% | −0.20 |
| IBM Intl Business Machines Corp. | Add +6.3% | 2.28% | −0.20 |
| AMZN Amazon.com Inc. | Add +1.7% | 2.31% | −0.21 |
| MSFT Microsoft Corp. | Add +0.5% | 3.69% | −0.22 |
| SYK Stryker Corp. | Add +0.8% | 1.89% | −0.33 |
| NOW ServiceNow Inc. | Add +1.7% | 1.73% | −0.38 |
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 |