TruNorth Capital Management, LLC

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 11, 2026), TruNorth Capital Management, LLC reported 118 stock positions worth $526.9 million. Its top holding was Schwab US Broad Market ETF (SCHB) at 25.3% of the portfolio, followed by Schwab Intl Equity ETF (SCHF, 10.0%) and Schwab Short-Term US Treas (SCHO, 9.0%). Compared with Q3 2025, it opened 6 new positions, sold out of 296, added to 64 and reduced 11. The biggest buy was Schwab Fndmntl US LRG Co. ETF (FNDX, shares +9%) and the biggest sale iShares Core S&P Total U.S. (ITOT, shares −2%).

Most Recent 13F
Q2 2026
Location
KALAMAZOO, MI
CIK
0001639695
Portfolio Value
$526.9M (Q4 2025)
SEC Filing
0002085853-26-000243 ↗ filed Feb 11, 2026

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 Q3 2025 Q4 2025: $526.9M $526.9M Q4 2025 Q1 2026: $521.6M Q1 2026 Q2 2026: $622.6M Q2 2026

Holdings 118 stocks · $526.9M
SCHB Schwab US Broad Market ETF 25.34% 5,090,429 $133.5M Add +0.4%
SCHF Schwab Intl Equity ETF 10.02% 2,195,032 $52.8M Add +0.4%
SCHO Schwab Short-Term US Treas 8.96% 1,937,988 $47.2M Add +6.3%
SCHZ Schwab US Aggregate Bond ETF 5.64% 1,271,246 $29.7M Add +4.6%
SCHA Schwab US Small-Cap ETF 5.04% 931,742 $26.5M Add +1.5%
DFCF Dimensional Core Fixed Inc. 4.92% 608,500 $25.9M Add +11.9%
FNDX Schwab Fndmntl US LRG Co. ETF 4.49% 869,591 $23.7M Add +8.5%
ITOT iShares Core S&P Total U.S. 4.21% 149,081 $22.2M Reduce -2.2%
SCHE Schwab Emrg Mrkts Eqty ETF 2.81% 451,942 $14.8M Add +1.3%
DFGP Dimensional GLBL Core PL Fix 2.77% 270,401 $14.6M Add +12.1%
SHM SS SPDR N Ice St Muni ETF 1.55% 170,291 $8.2M Add +5.9%
SYK Stryker Corp. 1.46% 21,858 $7.7M Reduce -0.9%
DFUV Dimensional US Marketwide Va 1.45% 163,516 $7.6M Add +0.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.34% 10,365 $7.1M Add +0.0%
IEFA iShares Core MSCI Eafe ETF 1.28% 75,560 $6.8M Reduce -0.9%
NVDA Nvidia Corp. 1.18% 33,278 $6.2M Add +27.9%
TFI SS SPDR N Ice Muni Bond ETF 1.17% 135,013 $6.2M Add +34.8%
VTI VG Morningstar TS MKT ETF-US 0.90% 14,198 $4.8M Add +7.3%
MUB iShares National Muni Bond E 0.81% 39,959 $4.3M Add +11.7%
AAPL Apple Inc. 0.80% 15,527 $4.2M Add +29.0%
DFIV Dimensional International Va 0.79% 83,573 $4.2M Reduce -0.1%
DFAS Dimensional US Small Cap ETF 0.76% 57,739 $4.0M Add +0.0%
MSFT Microsoft Corp. 0.70% 7,616 $3.7M Add +39.5%
VOO Vanguard S&P 500 ETF 0.56% 4,743 $3.0M No change
IJR iShares Core S&P Small-Cap E 0.48% 21,260 $2.6M No change
DFAT Dimensional US Target Value 0.47% 41,892 $2.5M No change
HDV iShares Core High Dividend E 0.43% 18,487 $2.2M No change
PHYS Sprott Physical Gold Trust 0.34% 53,499 $1.8M No change
GOOGL Alphabet Inc. Class A 0.31% 5,296 $1.7M Add +62.0%
IVV iShares Core S&P 500 ETF 0.28% 2,190 $1.5M Add +62.3%
AMZN Amazon.com Inc. 0.27% 6,106 $1.4M Add +125.8%
SCHD Schwab US DVD Equity ETF 0.24% 46,870 $1.3M Add +3.3%
VEA Vanguard Ftse Developed ETF 0.24% 20,139 $1.3M No change
DFAX Dimensional World Ex US Core 0.23% 37,368 $1.2M Reduce -3.5%
ORCL Oracle Corp. 0.23% 6,209 $1.2M Add +28.0%
TT Trane Technologies PLC 0.22% 3,008 $1.2M Add +0.3%
TSLA Tesla Inc. 0.22% 2,563 $1.2M Add +42.3%
VBR Vngrd Mrngst SL-CP Val ETF-U 0.22% 5,382 $1.1M No change
AGG iShares Core U.S. Aggregate 0.21% 11,331 $1.1M Reduce -11.2%
DFAC Dimensional US Core Equity 2 0.21% 28,519 $1.1M No change
IWF iShares Russell 1000 Growth 0.21% 2,327 $1.1M No change
BSV Vanguard Short-Term Bond ETF 0.21% 13,959 $1.1M Add +1.6%
JPM JPMorgan Chase & Co. 0.21% 3,392 $1.1M Add +7.8%
SUB iShares Short-Term National 0.20% 10,070 $1.1M No change
V Visa Inc. Class A 0.20% 2,942 $1.0M Add +78.4%
VTV Vanguard Mrngstr Val ETF-Aui 0.18% 5,039 $962K Reduce -0.7%
IEMG iShares Core MSCI Emerging 0.17% 13,642 $917K No change
MDY State Street SPDR S&P Midcap 0.14% 1,265 $763K No change
DFUS Dimensional US Eq MKT ETF 0.14% 10,228 $759K No change
SPYD SS SPDR P S&P 500 Hi Div ETF 0.14% 17,472 $756K Reduce -12.6%
EFA iShares MSCI Eafe ETF 0.14% 7,766 $746K No change
AVGO Broadcom Inc. 0.14% 2,073 $717K Add +221.4%
GOOG Alphabet Inc. Class C 0.14% 2,286 $717K Add +24.8%
SUSA iShares ESG Optimized MSCI U 0.13% 4,935 $688K No change
LLY Eli Lilly & Co. 0.13% 625 $672K Add +61.1%
META Meta Platforms Inc. Class A 0.13% 1,004 $663K Add +115.0%
AMAT Applied Materials Inc. 0.12% 2,500 $642K Add +6.8%
QUAL iShares MSCI USA Quality Fac 0.12% 3,063 $608K No change
MCD McDonald's Corp. 0.11% 1,858 $568K Add +0.9%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.10% 1,846 $547K Add +14.7%
ABT Abbott Laboratories 0.10% 4,337 $543K Add +36.0%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.10% 1,866 $542K No change
SDY SS SPDR S&P Dividend ETF 0.10% 3,759 $523K No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 0.09% 6,015 $485K No change
SCHV Schwab US Large-Cap Value 0.09% 15,885 $470K No change
IBKR Interactive Brokers Gro Class A 0.09% 6,964 $448K Add +625.4%
DSI iShares ESG MSCI KLD 400 ETF 0.08% 3,349 $431K No change
DLN Wisdomtree US Largecap Divid 0.08% 4,853 $427K No change
ABBV Abbvie Inc. 0.08% 1,788 $409K Add +3.5%
VB Vanguard Most SM-Cap ETF-Usd 0.08% 1,569 $405K No change
ETN Eaton Corp. PLC 0.08% 1,248 $398K Reduce -1.4%
LPLA LPL Financial Holdings Inc. 0.08% 1,109 $396K Add +580.4%
WRB WR Berkley Corp. filed as BERKLEY W R CORP 0.07% 5,240 $367K Add +579.6%
QQQ Invesco QQQ Trust Series 1 0.07% 596 $366K No change
VIG Vanguard Dividend Apprec ETF 0.07% 1,567 $345K No change
BRK.B Berkshire Hathaway Inc. Class B 0.07% 685 $344K Add +72.5%
VIOV Vanguard S&P Small-Cap 600 V 0.06% 3,414 $334K Reduce -4.6%
ZWS Zurn Elkay Water Solutions C 0.06% 7,176 $334K Add +579.5%
ALLE Allegion PLC 0.06% 2,051 $327K Add +583.7%
CVX Chevron Corp. 0.06% 2,069 $315K Add +16.6%
SOXX iShares Semiconductor ETF 0.06% 1,044 $314K Reduce -32.3%
SHOP Shopify Inc. Class A 0.06% 1,950 $314K New
ROL Rollins Inc. 0.06% 5,182 $311K Add +580.0%
VT Vanguard Tot World STK ETF 0.06% 2,143 $302K No change
CRBN Ish Low Car Opt Ms Ac ETF-US 0.06% 1,300 $300K No change
MA Mastercard Inc. Class A 0.06% 518 $296K Add +539.5%
JNJ Johnson & Johnson 0.05% 1,388 $287K Add +9.4%
IWM iShares Russell 2000 ETF 0.05% 1,141 $281K No change
NUE Nucor Corp. 0.05% 1,697 $277K Add +6.1%
PH Parker Hannifin Corp. 0.05% 310 $272K Add +0.7%
VGT Vanguard Info Tech ETF 0.05% 360 $272K No change
COO The Cooper Cos Inc. 0.05% 3,238 $265K New
AVDV Avantis Intl S/C Value ETF 0.05% 2,810 $264K No change
USB US Bancorp 0.05% 4,916 $262K Add +4.2%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.05% 1,472 $261K No change
NDSN Nordson Corp. 0.05% 1,069 $257K Add +536.3%
BSY Bentley Systems Inc. Class B 0.05% 6,469 $247K Add +538.0%
TDY Teledyne Technologies Inc. 0.05% 480 $245K Add +515.4%
NOW ServiceNow Inc. 0.05% 1,575 $241K Add +584.8%
JKHY Jack Henry & Associates Inc. filed as HENRY JACK & ASSOC INC 0.05% 1,316 $240K New
ZBRA Zebra Technologies Corp. Class A 0.04% 972 $236K Add +210.5%
XLV SS Health Care Select Sector 0.04% 1,520 $235K No change
VYM Vanguard High DVD Yield ETF 0.04% 1,638 $235K No change
VTIP Vanguard Short-Term Tips 0.04% 4,705 $233K No change
EFX Equifax Inc. 0.04% 1,072 $233K Add +330.5%
CSCO Cisco Systems Inc. 0.04% 3,005 $231K Add +46.5%
COST Costco Wholesale Corp. 0.04% 265 $229K Add +17.3%
RSP Invesco S&P 500 Equal Weight 0.04% 1,192 $228K No change
ECL Ecolab Inc. 0.04% 859 $226K Add +50.2%
LII Lennox International Inc. 0.04% 456 $221K New
FNDB Schwab Fndmntl US BRD Mr ETF 0.04% 8,148 $216K No change
RTX RTX Corp. 0.04% 1,175 $215K Add +37.3%
POOL Pool Corp. 0.04% 938 $215K New
VXUS Vanguard Total Intl Stock 0.04% 2,828 $213K Add +2815.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.04% 435 $212K Add +4.3%
GSK GSK PLC-Spon ADR 0.04% 4,289 $210K No change
ULS Ul Solutions Inc. Class A 0.04% 2,604 $205K New
WSO Watsco Inc. 0.04% 606 $204K Add +558.7%

Portfolio Sells Q3 2025 → Q4 2025
ITOT iShares Core S&P Total U.S. Reduce -2.2% 4.21% −0.18
SYK Stryker Corp. Reduce -0.9% 1.46% −0.16
HON Honeywell International Inc. Sold out 0.00% −0.08
CL Colgate-Palmolive Co. Sold out 0.00% −0.05
IR Ingersoll-Rand Inc. Sold out 0.00% −0.04
AGG iShares Core U.S. Aggregate Reduce -11.2% 0.21% −0.04
NEE Nextera Energy Inc. Sold out 0.00% −0.04
CINF Cincinnati Financial Corp. Sold out 0.00% −0.03
XOP SS SPDR S&P Og Exp & Prod Sold out 0.00% −0.03
IEFA iShares Core MSCI Eafe ETF Reduce -0.9% 1.28% −0.03
VIOO Vanguard S&P Small-Cap 600 E Sold out 0.00% −0.03
FJAN FT Vest U.S. Equity Buffer E Sold out 0.00% −0.03
NSC Norfolk Southern Corp. Sold out 0.00% −0.03
SPYD SS SPDR P S&P 500 Hi Div ETF Reduce -12.6% 0.14% −0.03
CME Cme Group Inc. Sold out 0.00% −0.03
SPTI SS SPDR P Int Term TSY ETF Sold out 0.00% −0.03
SPTS SS SPDR P St Term TSY ETF Sold out 0.00% −0.03
AJG Arthur J Gallagher & Co. Sold out 0.00% −0.03
RDVY First Trust Rising Dividend Sold out 0.00% −0.03
TPL Texas Pacific Land Corp. Sold out 0.00% −0.03
PG The Procter & Gamble Co. Sold out 0.00% −0.03
CET Central Securities Corp. Sold out 0.00% −0.03
IJH iShares Core S&P Midcap ETF Sold out 0.00% −0.03
AZO AutoZone Inc. Sold out 0.00% −0.02
VSS Vanguard Ftse All Wo X-US SC Sold out 0.00% −0.02
KO The Coca-Cola Co. Sold out 0.00% −0.02
DUK Duke Energy Corp. Sold out 0.00% −0.02
SOXX iShares Semiconductor ETF Reduce -32.3% 0.06% −0.02
DIS The Walt Disney Co. Sold out 0.00% −0.02
XHB SS SPDR S&P Homebldrs ETF Sold out 0.00% −0.02
WFC Wells Fargo & Co. Sold out 0.00% −0.02
RSG Republic Services Inc. Sold out 0.00% −0.02
GDX Vaneck Gold Miners ETF Sold out 0.00% −0.02
OEF iShares S&P 100 ETF Sold out 0.00% −0.02
IVW iShares S&P 500 Growth ETF Sold out 0.00% −0.02
HLT Hilton Worldwide Holdings Inc. Sold out 0.00% −0.02
HD Home Depot Inc. Sold out 0.00% −0.02
WM Waste Management Inc. Sold out 0.00% −0.02
TJX TJX Companies Inc. Sold out 0.00% −0.02
ASAN Asana Inc. Class A Sold out 0.00% −0.02
VEU Vanguard Ftse All-World Ex-U Sold out 0.00% −0.02
ETN Eaton Corp. PLC Reduce -1.4% 0.08% −0.02
VWO Vanguard Ftse Emerging Marke Sold out 0.00% −0.02
MMM 3M Co. Sold out 0.00% −0.02
CAT Caterpillar Inc. Sold out 0.00% −0.02
APD Air Products & Chemicals Inc. Sold out 0.00% −0.02
VFH Vanguard Financials ETF Sold out 0.00% −0.02
AVIV Avantis Intl LRG Cap Val ETF Sold out 0.00% −0.02
DHS Wisdomtree US High Dividend Sold out 0.00% −0.02
NDAQ Nasdaq Inc. Sold out 0.00% −0.02

Portfolio Buys Q3 2025 → Q4 2025
FNDX Schwab Fndmntl US LRG Co. ETF Add +8.5% 4.49% +0.32
DFCF Dimensional Core Fixed Inc. Add +11.9% 4.92% +0.31
TFI SS SPDR N Ice Muni Bond ETF Add +34.8% 1.17% +0.27
NVDA Nvidia Corp. Add +27.9% 1.18% +0.22
AAPL Apple Inc. Add +29.0% 0.80% +0.20
SCHO Schwab Short-Term US Treas Add +6.3% 8.96% +0.16
GOOGL Alphabet Inc. Class A Add +62.0% 0.31% +0.16
AMZN Amazon.com Inc. Add +125.8% 0.27% +0.15
MSFT Microsoft Corp. Add +39.5% 0.70% +0.14
DFGP Dimensional GLBL Core PL Fix Add +12.1% 2.77% +0.12
IVV iShares Core S&P 500 ETF Add +62.3% 0.28% +0.11
AVGO Broadcom Inc. Add +221.4% 0.14% +0.09
V Visa Inc. Class A Add +78.4% 0.20% +0.08
IBKR Interactive Brokers Gro Class A Add +625.4% 0.09% +0.07
LLY Eli Lilly & Co. Add +61.1% 0.13% +0.07
LPLA LPL Financial Holdings Inc. Add +580.4% 0.08% +0.06
TSLA Tesla Inc. Add +42.3% 0.22% +0.06
SHOP Shopify Inc. Class A New 0.06% +0.06
MUB iShares National Muni Bond E Add +11.7% 0.81% +0.06
WRB WR Berkley Corp. Add +579.6% 0.07% +0.06
META Meta Platforms Inc. Class A Add +115.0% 0.13% +0.06
ZWS Zurn Elkay Water Solutions C Add +579.5% 0.06% +0.05
ALLE Allegion PLC Add +583.7% 0.06% +0.05
COO The Cooper Cos Inc. New 0.05% +0.05
ROL Rollins Inc. Add +580.0% 0.06% +0.05
GOOG Alphabet Inc. Class C Add +24.8% 0.14% +0.05
MA Mastercard Inc. Class A Add +539.5% 0.06% +0.05
JKHY Jack Henry & Associates Inc. New 0.05% +0.05
VTI VG Morningstar TS MKT ETF-US Add +7.3% 0.90% +0.04
LII Lennox International Inc. New 0.04% +0.04
NDSN Nordson Corp. Add +536.3% 0.05% +0.04
POOL Pool Corp. New 0.04% +0.04
VXUS Vanguard Total Intl Stock Add +2815.5% 0.04% +0.04
ULS Ul Solutions Inc. Class A New 0.04% +0.04
TDY Teledyne Technologies Inc. Add +515.4% 0.05% +0.04
NOW ServiceNow Inc. Add +584.8% 0.05% +0.04
BSY Bentley Systems Inc. Class B Add +538.0% 0.05% +0.04
EFX Equifax Inc. Add +330.5% 0.04% +0.03
WSO Watsco Inc. Add +558.7% 0.04% +0.03
AMAT Applied Materials Inc. Add +6.8% 0.12% +0.03
ZBRA Zebra Technologies Corp. Class A Add +210.5% 0.04% +0.03
BRK.B Berkshire Hathaway Inc. Class B Add +72.5% 0.07% +0.03
ABT Abbott Laboratories Add +36.0% 0.10% +0.02
SHM SS SPDR N Ice St Muni ETF Add +5.9% 1.55% +0.02
CSCO Cisco Systems Inc. Add +46.5% 0.04% +0.02
IBM Intl Business Machines Corp. Add +14.7% 0.10% +0.01
RTX RTX Corp. Add +37.3% 0.04% +0.01
ECL Ecolab Inc. Add +50.2% 0.04% +0.01
JPM JPMorgan Chase & Co. Add +7.8% 0.21% +0.01
NUE Nucor Corp. Add +6.1% 0.05% +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