TruNorth Capital Management, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 1, 2025), TruNorth Capital Management, LLC reported 435 stock positions worth $402.3 million. Its top holding was Schwab US Broad Market ETF (SCHB) at 22.8% of the portfolio, followed by Schwab Short-Term US Treas (SCHO, 9.9%) and Schwab Intl Equity ETF (SCHF, 9.0%). Compared with Q4 2024, it opened 82 new positions, sold out of 21, added to 112 and reduced 22. The biggest buy was SS SPDR S&P 500 ETF Trust-US (SPY, shares +117%) and the biggest sale Dimensional US Marketwide Va (DFUV, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- KALAMAZOO, MI
- CIK
- 0001639695
- Portfolio Value
- $402.3M (Q1 2025)
- SEC Filing
- 0001639695-25-000004 ↗ filed May 1, 2025
Holdings Value
Holdings 435 stocks · $402.3M
| SCHB Schwab US Broad Market ETF | 22.75% | 4,251,136 | $91.5M | Add +6.1% |
| SCHO Schwab Short-Term US Treas | 9.95% | 1,643,899 | $40.0M | Add +3.2% |
| SCHF Schwab Intl Equity ETF | 9.03% | 1,835,854 | $36.3M | Add +6.4% |
| SCHZ Schwab US Aggregate Bond ETF | 6.73% | 1,169,124 | $27.1M | Add +2.5% |
| DFCF Dimensional Core Fixed Inc. | 4.93% | 471,243 | $19.8M | Add +7.8% |
| SCHA Schwab US Small-Cap ETF | 4.27% | 732,525 | $17.2M | Add +6.8% |
| FNDX Schwab Fndmntl US LRG Co. ETF | 4.22% | 718,977 | $17.0M | Add +9.4% |
| ITOT iShares Core S&P Total U.S. | 3.99% | 131,555 | $16.1M | Add +0.5% |
| DFGP Dimensional GLBL Core PL Fix | 2.68% | 202,000 | $10.8M | Add +6.2% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 2.37% | 345,328 | $9.5M | Add +5.1% |
| SYK Stryker Corp. | 2.01% | 21,701 | $8.1M | Add +8.5% |
| DFUV Dimensional US Marketwide Va | 1.68% | 163,977 | $6.8M | Reduce -0.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.46% | 10,534 | $5.9M | Add +116.6% |
| IEFA iShares Core MSCI Eafe ETF | 1.46% | 77,766 | $5.9M | Add +24.8% |
| SHM SS SPDR N Ice St Muni ETF | 1.17% | 98,814 | $4.7M | Reduce -2.1% |
| TFI SS SPDR N Ice Muni Bond ETF | 1.06% | 94,482 | $4.3M | Add +12.8% |
| VTI VG Morningstar TS MKT ETF-US | 0.91% | 13,311 | $3.7M | Add +0.3% |
| DFAS Dimensional US Small Cap ETF | 0.86% | 58,220 | $3.5M | Add +0.0% |
| DFIV Dimensional International Va | 0.83% | 84,568 | $3.3M | Reduce -0.5% |
| AAPL Apple Inc. | 0.81% | 14,616 | $3.2M | Add +1.1% |
| NVDA Nvidia Corp. | 0.72% | 26,585 | $2.9M | Add +5.9% |
| HDV iShares Core High Dividend E | 0.56% | 18,487 | $2.2M | No change |
| DFAT Dimensional US Target Value | 0.54% | 42,419 | $2.2M | No change |
| MSFT Microsoft Corp. | 0.51% | 5,513 | $2.1M | Add +73.2% |
| MUB iShares National Muni Bond E | 0.50% | 18,985 | $2.0M | Add +13.4% |
| IJR iShares Core S&P Small-Cap E | 0.45% | 17,143 | $1.8M | Add +1.3% |
| VOO Vanguard S&P 500 ETF | 0.40% | 3,101 | $1.6M | Add +1702.9% |
| PHYS Sprott Physical Gold Trust | 0.32% | 53,499 | $1.3M | No change |
| SCHD Schwab US DVD Equity ETF | 0.31% | 44,320 | $1.2M | Add +0.1% |
| BSV Vanguard Short-Term Bond ETF | 0.30% | 15,375 | $1.2M | Reduce -1.8% |
| SUB iShares Short-Term National | 0.26% | 10,070 | $1.1M | Add +0.1% |
| IVV iShares Core S&P 500 ETF | 0.26% | 1,837 | $1.0M | Add +36.2% |
| VEA Vanguard Ftse Developed ETF | 0.25% | 20,139 | $1.0M | No change |
| DFAX Dimensional World Ex US Core | 0.25% | 38,726 | $1.0M | No change |
| TT Trane Technologies PLC | 0.25% | 3,000 | $1.0M | New |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.25% | 5,382 | $1.0M | No change |
| AGG iShares Core U.S. Aggregate | 0.24% | 9,685 | $958K | Reduce -11.0% |
| DFAC Dimensional US Core Equity 2 | 0.23% | 28,519 | $941K | No change |
| JPM JPMorgan Chase & Co. | 0.22% | 3,659 | $898K | Add +350.6% |
| SPYD SS SPDR P S&P 500 Hi Div ETF | 0.22% | 19,997 | $885K | No change |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.22% | 5,075 | $877K | Add +85.4% |
| IWF iShares Russell 1000 Growth | 0.21% | 2,327 | $840K | Add +566.8% |
| ORCL Oracle Corp. | 0.20% | 5,890 | $823K | Add +272.3% |
| IEMG iShares Core MSCI Emerging | 0.19% | 14,129 | $763K | Add +13.6% |
| MDY State Street SPDR S&P Midcap | 0.18% | 1,393 | $743K | Add +3382.5% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.18% | 3,348 | $742K | Add +112.4% |
| JIRE JPMorgan Int Res Enh Eqty | 0.18% | 11,628 | $741K | New |
| EFA iShares MSCI Eafe ETF | 0.16% | 7,766 | $635K | New |
| V Visa Inc. Class A | 0.16% | 1,783 | $625K | Add +948.8% |
| DFUS Dimensional US Eq MKT ETF | 0.15% | 10,228 | $619K | No change |
| ABBV Abbvie Inc. | 0.15% | 2,938 | $616K | Add +112.0% |
| GOOGL Alphabet Inc. Class A | 0.15% | 3,918 | $606K | Add +34.7% |
| SUSA iShares ESG Optimized MSCI U | 0.14% | 4,935 | $567K | No change |
| QUAL iShares MSCI USA Quality Fac | 0.13% | 3,076 | $526K | New |
| MCD McDonald's Corp. | 0.13% | 1,663 | $519K | Add +259.2% |
| SDY SS SPDR S&P Dividend ETF | 0.13% | 3,759 | $510K | Reduce -4.1% |
| HON Honeywell International Inc. | 0.12% | 2,350 | $498K | Add +683.3% |
| AMZN Amazon.com Inc. | 0.12% | 2,574 | $490K | Add +43.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.12% | 1,866 | $483K | Add +5231.4% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.12% | 6,015 | $475K | Reduce -5.0% |
| TSLA Tesla Inc. | 0.12% | 1,801 | $467K | Add +3902.2% |
| ABT Abbott Laboratories | 0.11% | 3,448 | $457K | Add +165.2% |
| SCHV Schwab US Large-Cap Value | 0.10% | 15,885 | $422K | No change |
| ACN Accenture PLC Class A | 0.10% | 1,334 | $416K | New |
| FDS Factset Research Systems Inc. | 0.10% | 900 | $409K | New |
| PG The Procter & Gamble Co. | 0.10% | 2,343 | $399K | Add +333.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 1,565 | $389K | No change |
| CVX Chevron Corp. | 0.10% | 2,321 | $388K | Add +61.6% |
| DLN Wisdomtree US Largecap Divid | 0.10% | 4,853 | $385K | New |
| ETN Eaton Corp. PLC | 0.09% | 1,324 | $360K | New |
| DSI iShares ESG MSCI KLD 400 ETF | 0.09% | 3,349 | $343K | No change |
| AMAT Applied Materials Inc. | 0.09% | 2,362 | $343K | No change |
| VIG Vanguard Dividend Apprec ETF | 0.08% | 1,665 | $323K | No change |
| PEP Pepsico Inc. | 0.08% | 2,110 | $316K | Add +3146.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.07% | 563 | $300K | Reduce -49.8% |
| COST Costco Wholesale Corp. | 0.07% | 316 | $299K | Add +73.6% |
| SOXX iShares Semiconductor ETF | 0.07% | 1,541 | $290K | Add +129.7% |
| CL Colgate-Palmolive Co. | 0.07% | 3,090 | $290K | Add +341.4% |
| QQQ Invesco QQQ Trust Series 1 | 0.07% | 601 | $282K | No change |
| LLY Eli Lilly & Co. | 0.07% | 335 | $277K | No change |
| VIOV Vanguard S&P Small-Cap 600 V | 0.07% | 3,288 | $276K | No change |
| JNJ Johnson & Johnson | 0.07% | 1,660 | $275K | Add +87.8% |
| VTEB Vanguard Tax-Exempt Bond ETF | 0.06% | 5,241 | $260K | No change |
| CRM Salesforce Inc. | 0.06% | 960 | $258K | Add +6300.0% |
| USB US Bancorp | 0.06% | 6,084 | $257K | New |
| CRBN Ish Low Car Opt Ms Ac ETF-US | 0.06% | 1,300 | $249K | No change |
| VT Vanguard Tot World STK ETF | 0.06% | 2,143 | $248K | No change |
| VOE Vngrd Mrngstr MD-Cap Val ETF | 0.06% | 1,472 | $236K | No change |
| VTIP Vanguard Short-Term Tips | 0.06% | 4,705 | $235K | No change |
| IWM iShares Russell 2000 ETF | 0.06% | 1,141 | $228K | Add +715.0% |
| META Meta Platforms Inc. Class A | 0.06% | 391 | $225K | Add +17.4% |
| ATR Aptargroup Inc. | 0.06% | 1,500 | $223K | New |
| XLV SS Health Care Select Sector | 0.06% | 1,520 | $222K | New |
| IR Ingersoll-Rand Inc. | 0.05% | 2,689 | $215K | Add +6302.4% |
| WMT Walmart Inc. | 0.05% | 2,412 | $212K | Add +214.9% |
| WM Waste Management Inc. | 0.05% | 897 | $208K | Add +108.6% |
| AVGO Broadcom Inc. | 0.05% | 1,232 | $206K | Add +1953.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.05% | 2,048 | $202K | Add +83.3% |
| RTX RTX Corp. | 0.05% | 1,505 | $199K | Add +108.5% |
| AVDV Avantis Intl S/C Value ETF | 0.05% | 2,810 | $196K | No change |
Portfolio Sells Q4 2024 → Q1 2025
| DFUV Dimensional US Marketwide Va | Reduce -0.4% | 1.68% | −0.16 |
| SHM SS SPDR N Ice St Muni ETF | Reduce -2.1% | 1.17% | −0.14 |
| BX Blackstone Inc. | Sold out | 0.00% | −0.11 |
| TM Toyota Motor Corp. -Spon ADR | Sold out | 0.00% | −0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -49.8% | 0.07% | −0.06 |
| HWM Howmet Aerospace Inc. | Sold out | 0.00% | −0.06 |
| VGT Vanguard Info Tech ETF | Reduce -43.0% | 0.05% | −0.06 |
| HSBC HSBC Holdings PLC-Spons ADR | Sold out | 0.00% | −0.05 |
| AGG iShares Core U.S. Aggregate | Reduce -11.0% | 0.24% | −0.05 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -97.7% | 0.00% | −0.04 |
| FDIQ Inv BLB Fin Data PRV ETF-Usi | Sold out | 0.00% | −0.04 |
| PZA Invesco National Amt-Free Mu | Reduce -92.3% | 0.00% | −0.04 |
| BSV Vanguard Short-Term Bond ETF | Reduce -1.8% | 0.30% | −0.03 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.02 |
| PFE Pfizer Inc. | Reduce -27.8% | 0.03% | −0.02 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -5.0% | 0.12% | −0.02 |
| ASAN Asana Inc. Class A | Reduce -3.0% | 0.03% | −0.02 |
| SDY SS SPDR S&P Dividend ETF | Reduce -4.1% | 0.13% | −0.01 |
| DHS Wisdomtree US High Dividend | Reduce -25.4% | 0.02% | −0.01 |
| CRWD CrowdStrike Holdings Inc. Class A | Sold out | 0.00% | −0.01 |
| PEN Penumbra Inc. | Sold out | 0.00% | −0.00 |
| CONSOL ENERGY INC | Sold out | 0.00% | −0.00 |
| FMB First Trust Managed Municipa | Reduce -50.1% | 0.00% | −0.00 |
| MRK Merck & Co. Inc. | Reduce -22.8% | 0.01% | −0.00 |
| STNG Scorpio Tankers Inc. | Sold out | 0.00% | −0.00 |
| AES AES Corp. | Sold out | 0.00% | −0.00 |
| CARR Carrier Global Corp. | Reduce -11.1% | 0.00% | −0.00 |
| SOLV Solventum Corp. | Reduce -60.6% | 0.00% | −0.00 |
| EIX Edison International | Sold out | 0.00% | −0.00 |
| CAR Avis Budget Group Inc. | Sold out | 0.00% | −0.00 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -18.5% | 0.00% | −0.00 |
| HMC Honda Motor Co. Ltd.-Spons ADR | Sold out | 0.00% | −0.00 |
| KEX Kirby Corp. | Sold out | 0.00% | −0.00 |
| LNC Lincoln National Corp. | Sold out | 0.00% | −0.00 |
| KD Kyndryl Holdings Inc. | Reduce -22.8% | 0.00% | −0.00 |
| GEHC GE Healthcare Technology | Reduce -26.8% | 0.00% | −0.00 |
| EMBC Embecta Corp. | Sold out | 0.00% | −0.00 |
| CTVA Corteva Inc. | Reduce -6.3% | 0.00% | −0.00 |
| REZI Resideo Technologies Inc. | Sold out | 0.00% | −0.00 |
| WAB Wabtec Corp. | Sold out | 0.00% | −0.00 |
| ZOMDF Zomedica Corp. | Sold out | 0.00% | −0.00 |
| GTX Garrett Motion Inc. | Sold out | 0.00% | 0.00 |
| DFIV Dimensional International Va | Reduce -0.5% | 0.83% | +0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| SPY SS SPDR S&P 500 ETF Trust-US | Add +116.6% | 1.46% | +0.69 |
| VOO Vanguard S&P 500 ETF | Add +1702.9% | 0.40% | +0.37 |
| SCHF Schwab Intl Equity ETF | Add +6.4% | 9.03% | +0.30 |
| IEFA iShares Core MSCI Eafe ETF | Add +24.8% | 1.46% | +0.27 |
| TT Trane Technologies PLC | New | 0.25% | +0.25 |
| JIRE JPMorgan Int Res Enh Eqty | New | 0.18% | +0.18 |
| MDY State Street SPDR S&P Midcap | Add +3382.5% | 0.18% | +0.18 |
| IWF iShares Russell 1000 Growth | Add +566.8% | 0.21% | +0.17 |
| JPM JPMorgan Chase & Co. | Add +350.6% | 0.22% | +0.17 |
| EFA iShares MSCI Eafe ETF | New | 0.16% | +0.16 |
| MSFT Microsoft Corp. | Add +73.2% | 0.51% | +0.15 |
| V Visa Inc. Class A | Add +948.8% | 0.16% | +0.14 |
| ORCL Oracle Corp. | Add +272.3% | 0.20% | +0.13 |
| QUAL iShares MSCI USA Quality Fac | New | 0.13% | +0.13 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +5231.4% | 0.12% | +0.12 |
| TSLA Tesla Inc. | Add +3902.2% | 0.12% | +0.11 |
| HON Honeywell International Inc. | Add +683.3% | 0.12% | +0.11 |
| ACN Accenture PLC Class A | New | 0.10% | +0.10 |
| FDS Factset Research Systems Inc. | New | 0.10% | +0.10 |
| DLN Wisdomtree US Largecap Divid | New | 0.10% | +0.10 |
| MCD McDonald's Corp. | Add +259.2% | 0.13% | +0.09 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +85.4% | 0.22% | +0.09 |
| ETN Eaton Corp. PLC | New | 0.09% | +0.09 |
| ABBV Abbvie Inc. | Add +112.0% | 0.15% | +0.09 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +112.4% | 0.18% | +0.08 |
| PEP Pepsico Inc. | Add +3146.2% | 0.08% | +0.08 |
| PG The Procter & Gamble Co. | Add +333.9% | 0.10% | +0.07 |
| ABT Abbott Laboratories | Add +165.2% | 0.11% | +0.07 |
| USB US Bancorp | New | 0.06% | +0.06 |
| CRM Salesforce Inc. | Add +6300.0% | 0.06% | +0.06 |
| ATR Aptargroup Inc. | New | 0.06% | +0.06 |
| XLV SS Health Care Select Sector | New | 0.06% | +0.06 |
| CL Colgate-Palmolive Co. | Add +341.4% | 0.07% | +0.05 |
| IR Ingersoll-Rand Inc. | Add +6302.4% | 0.05% | +0.05 |
| IWM iShares Russell 2000 ETF | Add +715.0% | 0.06% | +0.05 |
| AVGO Broadcom Inc. | Add +1953.3% | 0.05% | +0.05 |
| FISV Fiserv Inc. | New | 0.04% | +0.04 |
| CINF Cincinnati Financial Corp. | New | 0.04% | +0.04 |
| CVX Chevron Corp. | Add +61.6% | 0.10% | +0.04 |
| SYK Stryker Corp. | Add +8.5% | 2.01% | +0.04 |
| IVV iShares Core S&P 500 ETF | Add +36.2% | 0.26% | +0.04 |
| ESGV Vanguard ESG US Stock ETF | New | 0.04% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | New | 0.04% | +0.04 |
| VXUS Vanguard Total Intl Stock | Add +2480.0% | 0.04% | +0.04 |
| ECL Ecolab Inc. | New | 0.03% | +0.03 |
| WMT Walmart Inc. | Add +214.9% | 0.05% | +0.03 |
| JNJ Johnson & Johnson | Add +87.8% | 0.07% | +0.03 |
| KMB Kimberly-Clark Corp. | Add +487.2% | 0.04% | +0.03 |
| SOXX iShares Semiconductor ETF | Add +129.7% | 0.07% | +0.03 |
| COST Costco Wholesale Corp. | Add +73.6% | 0.07% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 123 | $622.6M | SCHB, SCHF, SCHO, SCHA, DFCF |
| Q1 2026 | 114 | $521.6M | SCHB, SCHF, SCHO, SCHZ, DFCF |
| Q4 2025 | 118 | $526.9M | SCHB, SCHF, SCHO, SCHZ, SCHA |
| Q3 2025 | 408 | $505.5M | SCHB, SCHF, SCHO, SCHZ, SCHA |
| Q2 2025 | 353 | $450.0M | SCHB, SCHF, SCHO, SCHZ, SCHA |
| Q1 2025 | 435 | $402.3M | SCHB, SCHO, SCHF, SCHZ, DFCF |
| Q4 2024 | 374 | $365.9M | SCHB, SCHO, SCHF, SCHZ, DFCF |
| Q3 2024 | 399 | $337.6M | SCHB, SCHO, SCHZ, SCHF, ITOT |
| Q2 2024 | 363 | $308.2M | SCHB, SCHO, SCHZ, SCHF, ITOT |
| Q1 2024 | 268 | $290.1M | SCHB, SCHO, SCHF, SCHZ, ITOT |