TruNorth Capital Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 21, 2025), TruNorth Capital Management, LLC reported 408 stock positions worth $505.5 million. Its top holding was Schwab US Broad Market ETF (SCHB) at 25.8% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 10.1%) and Schwab Short-Term US Treas (SCHO, 8.8%). Compared with Q2 2025, it opened 64 new positions, sold out of 9, added to 85 and reduced 28. The biggest buy was Schwab US Broad Market ETF (SCHB, shares +9%) and the biggest sale Stryker (SYK, shares −0%).

Most Recent 13F
Q2 2026
Location
KALAMAZOO, MI
CIK
0001639695
Portfolio Value
$505.5M (Q3 2025)
SEC Filing
0001639695-25-000010 ↗ filed Oct 21, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $290.1M Q1 2024 Q2 2024: $308.2M Q2 2024 Q3 2024: $337.6M Q3 2024 Q4 2024: $365.9M Q4 2024 Q1 2025: $402.3M Q1 2025 Q2 2025: $450.0M Q2 2025 Q3 2025: $505.5M $505.5M Q3 2025 Q4 2025: $526.9M Q4 2025 Q1 2026: $521.6M Q1 2026 Q2 2026: $622.6M Q2 2026

Holdings 408 stocks · $505.5M
SCHB Schwab US Broad Market ETF 25.79% 5,071,311 $130.4M Add +8.7%
SCHF Schwab Intl Equity ETF 10.07% 2,185,921 $50.9M Add +8.8%
SCHO Schwab Short-Term US Treas 8.80% 1,823,975 $44.5M Add +4.8%
SCHZ Schwab US Aggregate Bond ETF 5.64% 1,215,223 $28.5M Add +3.8%
SCHA Schwab US Small-Cap ETF 5.07% 918,203 $25.6M Add +6.5%
DFCF Dimensional Core Fixed Inc. 4.60% 543,942 $23.3M Add +7.4%
ITOT iShares Core S&P Total U.S. 4.39% 152,435 $22.2M Reduce -0.5%
FNDX Schwab Fndmntl US LRG Co. ETF 4.17% 801,232 $21.1M Add +5.1%
SCHE Schwab Emrg Mrkts Eqty ETF 2.95% 446,299 $14.9M Add +7.4%
DFGP Dimensional GLBL Core PL Fix 2.65% 241,299 $13.4M Add +8.7%
SYK Stryker Corp. 1.61% 22,065 $8.2M Reduce -0.4%
SHM SS SPDR N Ice St Muni ETF 1.53% 160,818 $7.8M Add +7.1%
DFUV Dimensional US Marketwide Va 1.45% 163,506 $7.3M Reduce -0.1%
SPY SS SPDR S&P 500 ETF Trust-US 1.37% 10,363 $6.9M Reduce -0.2%
IEFA iShares Core MSCI Eafe ETF 1.32% 76,230 $6.7M Add +0.3%
NVDA Nvidia Corp. 0.96% 26,027 $4.9M Add +2.0%
TFI SS SPDR N Ice Muni Bond ETF 0.90% 100,189 $4.6M Add +37.9%
VTI VG Morningstar TS MKT ETF-US 0.86% 13,234 $4.3M Reduce -0.6%
DFAS Dimensional US Small Cap ETF 0.78% 57,734 $4.0M Add +0.0%
DFIV Dimensional International Va 0.76% 83,673 $3.9M Add +0.0%
MUB iShares National Muni Bond E 0.75% 35,764 $3.8M Add +13.2%
AAPL Apple Inc. 0.61% 12,035 $3.1M Reduce -12.3%
VOO Vanguard S&P 500 ETF 0.57% 4,743 $2.9M Add +14.9%
MSFT Microsoft Corp. 0.56% 5,458 $2.8M Add +3.5%
IJR iShares Core S&P Small-Cap E 0.50% 21,260 $2.5M Add +2.7%
DFAT Dimensional US Target Value 0.48% 41,892 $2.4M No change
HDV iShares Core High Dividend E 0.45% 18,487 $2.3M No change
PHYS Sprott Physical Gold Trust 0.31% 53,499 $1.6M No change
ORCL Oracle Corp. 0.27% 4,851 $1.4M Reduce -1.4%
AGG iShares Core U.S. Aggregate 0.25% 12,757 $1.3M Add +24.3%
TT Trane Technologies PLC 0.25% 3,000 $1.3M No change
SCHD Schwab US DVD Equity ETF 0.25% 45,386 $1.2M Add +2.4%
DFAX Dimensional World Ex US Core 0.24% 38,726 $1.2M No change
VEA Vanguard Ftse Developed ETF 0.24% 20,139 $1.2M No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.22% 5,382 $1.1M No change
DFAC Dimensional US Core Equity 2 0.22% 28,519 $1.1M No change
IWF iShares Russell 1000 Growth 0.22% 2,327 $1.1M No change
BSV Vanguard Short-Term Bond ETF 0.21% 13,733 $1.1M Reduce -1.6%
SUB iShares Short-Term National 0.21% 10,070 $1.1M No change
JPM JPMorgan Chase & Co. 0.20% 3,145 $992K Add +1.6%
VTV Vanguard Mrngstr Val ETF-Aui 0.19% 5,075 $946K No change
IVV iShares Core S&P 500 ETF 0.18% 1,349 $903K No change
IEMG iShares Core MSCI Emerging 0.18% 13,642 $899K No change
SPYD SS SPDR P S&P 500 Hi Div ETF 0.17% 19,997 $880K No change
TSLA Tesla Inc. 0.16% 1,801 $801K No change
GOOGL Alphabet Inc. Class A 0.16% 3,270 $795K Add +4.4%
MDY State Street SPDR S&P Midcap 0.15% 1,265 $754K Reduce -9.2%
DFUS Dimensional US Eq MKT ETF 0.15% 10,228 $741K No change
EFA iShares MSCI Eafe ETF 0.14% 7,766 $725K No change
SUSA iShares ESG Optimized MSCI U 0.13% 4,935 $669K No change
QUAL iShares MSCI USA Quality Fac 0.12% 3,063 $596K No change
AMZN Amazon.com Inc. 0.12% 2,704 $594K Add +37.2%
V Visa Inc. Class A 0.11% 1,649 $563K Reduce -7.5%
MCD McDonald's Corp. 0.11% 1,842 $560K Add +10.8%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.11% 1,866 $548K No change
SDY SS SPDR S&P Dividend ETF 0.10% 3,759 $526K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.10% 6,015 $488K No change
AMAT Applied Materials Inc. 0.09% 2,342 $480K No change
ETN Eaton Corp. PLC 0.09% 1,266 $474K Reduce -4.4%
SCHV Schwab US Large-Cap Value 0.09% 15,885 $462K No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.09% 1,610 $454K Add +2.9%
GOOG Alphabet Inc. Class C 0.09% 1,832 $446K Add +51.9%
ABT Abbott Laboratories 0.08% 3,189 $427K Add +3.7%
DLN Wisdomtree US Largecap Divid 0.08% 4,853 $422K No change
DSI iShares ESG MSCI KLD 400 ETF 0.08% 3,349 $422K No change
HON Honeywell International Inc. 0.08% 2,000 $421K No change
SOXX iShares Semiconductor ETF 0.08% 1,541 $418K No change
ABBV Abbvie Inc. 0.08% 1,728 $400K Add +24.7%
VB Vanguard Most SM-Cap ETF-Usd 0.08% 1,569 $399K No change
QQQ Invesco QQQ Trust Series 1 0.07% 596 $358K Reduce -0.8%
META Meta Platforms Inc. Class A 0.07% 467 $343K Add +19.4%
VIOV Vanguard S&P Small-Cap 600 V 0.07% 3,579 $341K Add +8.8%
VIG Vanguard Dividend Apprec ETF 0.07% 1,567 $338K Reduce -5.9%
LLY Eli Lilly & Co. 0.06% 388 $296K Add +16.9%
VT Vanguard Tot World STK ETF 0.06% 2,143 $295K No change
CRBN Ish Low Car Opt Ms Ac ETF-US 0.06% 1,300 $295K No change
IWM iShares Russell 2000 ETF 0.05% 1,141 $276K No change
CVX Chevron Corp. 0.05% 1,774 $275K Add +23.5%
VGT Vanguard Info Tech ETF 0.05% 360 $269K No change
VOE Vngrd Mrngstr MD-Cap Val ETF 0.05% 1,472 $257K No change
AVDV Avantis Intl S/C Value ETF 0.05% 2,810 $250K No change
CL Colgate-Palmolive Co. 0.05% 3,090 $247K No change
VTIP Vanguard Short-Term Tips 0.05% 4,705 $238K No change
JNJ Johnson & Johnson 0.05% 1,269 $235K Add +43.5%
PH Parker Hannifin Corp. 0.05% 308 $234K Add +8.8%
VYM Vanguard High DVD Yield ETF 0.05% 1,638 $231K Add +136.4%
USB US Bancorp 0.05% 4,720 $228K No change
RSP Invesco S&P 500 Equal Weight 0.04% 1,192 $226K Add +23.3%
IR Ingersoll-Rand Inc. 0.04% 2,726 $225K Add +3.0%
NUE Nucor Corp. 0.04% 1,600 $217K No change
AVGO Broadcom Inc. 0.04% 645 $213K Add +52.8%
XLV SS Health Care Select Sector 0.04% 1,520 $212K No change
FNDB Schwab Fndmntl US BRD Mr ETF 0.04% 8,148 $210K Reduce -3.4%
COST Costco Wholesale Corp. 0.04% 226 $209K Add +27.0%
VUG Vanguard Mrngstar GR ETF-Sui 0.04% 417 $200K Add +301.0%
BRK.B Berkshire Hathaway Inc. Class B 0.04% 397 $200K Add +23.3%
GSK GSK PLC-Spon ADR 0.04% 4,289 $185K No change
NEE Nextera Energy Inc. 0.04% 2,430 $183K Add +37.4%
CINF Cincinnati Financial Corp. 0.03% 1,100 $174K No change
XOP SS SPDR S&P Og Exp & Prod 0.03% 1,300 $172K No change

Show all 408 holdings

Portfolio Sells Q2 2025 → Q3 2025
SYK Stryker Corp. Reduce -0.4% 1.61% −0.33
ITOT iShares Core S&P Total U.S. Reduce -0.5% 4.39% −0.21
DFUV Dimensional US Marketwide Va Reduce -0.1% 1.45% −0.09
SPY SS SPDR S&P 500 ETF Trust-US Reduce -0.2% 1.37% −0.06
VTI VG Morningstar TS MKT ETF-US Reduce -0.6% 0.86% −0.04
BSV Vanguard Short-Term Bond ETF Reduce -1.6% 0.21% −0.03
V Visa Inc. Class A Reduce -7.5% 0.11% −0.03
MDY State Street SPDR S&P Midcap Reduce -9.2% 0.15% −0.03
ATR Aptargroup Inc. Sold out 0.00% −0.03
ESGV Vanguard ESG US Stock ETF Sold out 0.00% −0.03
AAPL Apple Inc. Reduce -12.3% 0.61% −0.02
PG The Procter & Gamble Co. Reduce -28.0% 0.03% −0.02
ETN Eaton Corp. PLC Reduce -4.4% 0.09% −0.01
VIG Vanguard Dividend Apprec ETF Reduce -5.9% 0.07% −0.01
CHKP Check Point Software Tech Sold out 0.00% −0.01
LMT Lockheed Martin Corp. Reduce -88.4% 0.00% −0.01
FAST Fastenal Co. Reduce -83.8% 0.00% −0.01
ASAN Asana Inc. Class A Reduce -5.6% 0.02% −0.00
PXH Inves Rafi Emer MRKT-Usd Inc. Reduce -41.0% 0.00% −0.00
FNDB Schwab Fndmntl US BRD Mr ETF Reduce -3.4% 0.04% −0.00
HLN Haleon PLC-ADR Reduce -5.6% 0.01% −0.00
INTC Intel Corp. Reduce -88.8% 0.00% −0.00
MBB iShares MBS ETF Sold out 0.00% −0.00
QQQ Invesco QQQ Trust Series 1 Reduce -0.8% 0.07% −0.00
WMT Walmart Inc. Reduce -10.0% 0.01% −0.00
GS Goldman Sachs Group Inc. Reduce -12.1% 0.01% −0.00
VNQ Vanguard Real Estate ETF Reduce -44.9% 0.00% −0.00
BSX Boston Scientific Corp. Reduce -40.6% 0.00% −0.00
UNH Unitedhealth Group Inc. Reduce -10.4% 0.01% −0.00
CRM Salesforce Inc. Sold out 0.00% −0.00
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −0.00
VCIT Vanguard Int-Term Corporate Reduce -1.5% 0.00% −0.00
DOW Dow Inc. Reduce -26.7% 0.00% −0.00
ROST Ross Stores Inc. Sold out 0.00% −0.00
CMPS Compass Pathways PLC Sold out 0.00% 0.00
MIND MEDICINE MINDMED INC Sold out 0.00% 0.00
ORCL Oracle Corp. Reduce -1.4% 0.27% +0.03

Portfolio Buys Q2 2025 → Q3 2025
SCHB Schwab US Broad Market ETF Add +8.7% 25.79% +1.09
SCHA Schwab US Small-Cap ETF Add +6.5% 5.07% +0.22
SCHF Schwab Intl Equity ETF Add +8.8% 10.07% +0.19
TFI SS SPDR N Ice Muni Bond ETF Add +37.9% 0.90% +0.18
SCHE Schwab Emrg Mrkts Eqty ETF Add +7.4% 2.95% +0.16
NVDA Nvidia Corp. Add +2.0% 0.96% +0.06
VOO Vanguard S&P 500 ETF Add +14.9% 0.57% +0.05
GOOG Alphabet Inc. Class C Add +51.9% 0.09% +0.04
GOOGL Alphabet Inc. Class A Add +4.4% 0.16% +0.03
VIOO Vanguard S&P Small-Cap 600 E New 0.03% +0.03
VUG Vanguard Mrngstar GR ETF-Sui Add +301.0% 0.04% +0.03
SPTI SS SPDR P Int Term TSY ETF New 0.03% +0.03
SPTS SS SPDR P St Term TSY ETF New 0.03% +0.03
AGG iShares Core U.S. Aggregate Add +24.3% 0.25% +0.03
FJAN FT Vest U.S. Equity Buffer E Add +537.0% 0.03% +0.03
VYM Vanguard High DVD Yield ETF Add +136.4% 0.05% +0.03
ABBV Abbvie Inc. Add +24.7% 0.08% +0.02
AMZN Amazon.com Inc. Add +37.2% 0.12% +0.02
MUB iShares National Muni Bond E Add +13.2% 0.75% +0.02
VWO Vanguard Ftse Emerging Marke New 0.02% +0.02
JNJ Johnson & Johnson Add +43.5% 0.05% +0.02
AVGO Broadcom Inc. Add +52.8% 0.04% +0.02
ADSK Autodesk Inc. New 0.01% +0.01
IBKR Interactive Brokers Gro Class A New 0.01% +0.01
EFX Equifax Inc. New 0.01% +0.01
FNDX Schwab Fndmntl US LRG Co. ETF Add +5.1% 4.17% +0.01
WRB WR Berkley Corp. New 0.01% +0.01
LPLA LPL Financial Holdings Inc. New 0.01% +0.01
ALLE Allegion PLC New 0.01% +0.01
BSY Bentley Systems Inc. Class B New 0.01% +0.01
HD Home Depot Inc. Add +115.6% 0.02% +0.01
ZWS Zurn Elkay Water Solutions C New 0.01% +0.01
YDEC FT Vest International Equity New 0.01% +0.01
WMB Williams Cos Inc. New 0.01% +0.01
MDLZ Mondelez International Inc. Class A Add +767.0% 0.01% +0.01
MA Mastercard Inc. Class A New 0.01% +0.01
NEE Nextera Energy Inc. Add +37.4% 0.04% +0.01
ORLY O'reilly Automotive Inc. New 0.01% +0.01
TDY Teledyne Technologies Inc. New 0.01% +0.01
UBER Uber Technologies Inc. New 0.01% +0.01
ROL Rollins Inc. New 0.01% +0.01
CVX Chevron Corp. Add +23.5% 0.05% +0.01
VSS Vanguard Ftse All Wo X-US SC Add +65.5% 0.02% +0.01
ZTS Zoetis Inc. New 0.01% +0.01
GLW Corning Inc. Add +73.4% 0.01% +0.01
CDNS Cadence Design SYS Inc. New 0.01% +0.01
NDSN Nordson Corp. New 0.01% +0.01
XOM Exxon Mobil Corp. Add +1595.2% 0.01% +0.01
FICO Fair Isaac Corp. New 0.01% +0.01
WSO Watsco Inc. New 0.01% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 123$622.6MSCHB, SCHF, SCHO, SCHA, DFCF
Q1 2026 114$521.6MSCHB, SCHF, SCHO, SCHZ, DFCF
Q4 2025 118$526.9MSCHB, SCHF, SCHO, SCHZ, SCHA
Q3 2025 408$505.5MSCHB, SCHF, SCHO, SCHZ, SCHA
Q2 2025 353$450.0MSCHB, SCHF, SCHO, SCHZ, SCHA
Q1 2025 435$402.3MSCHB, SCHO, SCHF, SCHZ, DFCF
Q4 2024 374$365.9MSCHB, SCHO, SCHF, SCHZ, DFCF
Q3 2024 399$337.6MSCHB, SCHO, SCHZ, SCHF, ITOT
Q2 2024 363$308.2MSCHB, SCHO, SCHZ, SCHF, ITOT
Q1 2024 268$290.1MSCHB, SCHO, SCHF, SCHZ, ITOT