Arjuna Capital

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Arjuna Capital reported 100 stock positions worth $352.7 million. Its top holding was Microsoft (MSFT) at 8.4% of the portfolio, followed by Apple (AAPL, 6.7%) and Alphabet Class A (GOOGL, 4.3%). Compared with Q4 2023, it opened 18 new positions, sold out of 15, added to 64 and reduced 15. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale iShares 0-3 Month Treasury B (SGOV, shares −59%).

Most Recent 13F
Q2 2026
Location
MANCHESTER, MA
CIK
0001703208
Portfolio Value
$352.7M (Q1 2024)
SEC Filing
0001398344-24-009305 ↗ filed May 13, 2024

Holdings Value

0$100.0M$200.0M$300.0M$400.0M$500.0M Q1 2024: $352.7M $352.7M Q1 2024 Q2 2024: $371.7M Q2 2024 Q3 2024: $386.1M Q3 2024 Q4 2024: $375.8M Q4 2024 Q1 2025: $361.3M Q1 2025 Q2 2025: $379.4M Q2 2025 Q3 2025: $402.3M Q3 2025 Q4 2025: $408.2M Q4 2025 Q1 2026: $393.3M Q1 2026 Q2 2026: $444.3M Q2 2026

Holdings 100 stocks · $352.7M
MSFT Microsoft Corp. 8.37% 70,139 $29.5M Add +3.3%
AAPL Apple Inc. 6.68% 137,393 $23.6M Add +2.5%
GOOGL Alphabet Inc. Class A 4.32% 100,994 $15.2M Add +1.7%
NVDA Nvidia Corp. 4.08% 15,934 $14.4M Add +0.1%
SPTI SS SPDR P Int Term TSY ETF 3.58% 447,704 $12.6M Reduce -2.2%
AMZN Amazon.com Inc. 2.83% 55,342 $10.0M Add +5.2%
HD Home Depot Inc. 2.81% 25,803 $9.9M Add +4.1%
ACN Accenture PLC Class A 2.42% 24,585 $8.5M Add +6.5%
TMO Thermo Fisher Scientific Inc. 2.33% 14,160 $8.2M Add +4.4%
UNH Unitedhealth Group Inc. 2.29% 16,345 $8.1M Add +23.4%
JPM JPMorgan Chase & Co. 2.19% 38,610 $7.7M Add +4.8%
CMCSA Comcast Corp. Class A 1.99% 161,659 $7.0M Add +8.0%
AMGN Amgen Inc. 1.95% 24,142 $6.9M Add +58.3%
NVO Novo-Nordisk A/S-Spons ADR 1.94% 53,400 $6.9M Add +25.1%
PFG Principal Financial Group 1.86% 76,184 $6.6M Add +244.1%
META Meta Platforms Inc. Class A 1.80% 13,106 $6.4M Add +7.1%
NUE Nucor Corp. 1.78% 31,747 $6.3M Add +4.4%
EXPD Expeditors Intl Wash Inc. 1.73% 50,138 $6.1M Add +3.8%
MA Mastercard Inc. Class A 1.55% 11,349 $5.5M Reduce -9.8%
KR Kroger Co. 1.53% 94,684 $5.4M Add +6.3%
GWW WW Grainger Inc. filed as GRAINGER W W INC 1.45% 5,034 $5.1M Add +7.0%
AMAT Applied Materials Inc. 1.38% 23,651 $4.9M Add +50.3%
SGOV iShares 0-3 Month Treasury B 1.38% 48,400 $4.9M Reduce -59.5%
LRCX Lam Research Corp. 1.35% 4,918 $4.8M Add +4.8%
LOW Lowe's Cos Inc. 1.35% 18,642 $4.7M Add +4.4%
CVS CVS Health Corp. 1.34% 59,271 $4.7M Add +3.9%
COST Costco Wholesale Corp. 1.33% 6,417 $4.7M Add +4.1%
AXP American Express Co. 1.28% 19,753 $4.5M Add +158.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 1.21% 74,146 $4.3M Add +47.0%
RGA Reinsurance Group of America 1.21% 22,062 $4.3M Reduce -28.4%
AMAL Amalgamated Financial Corp. 1.17% 171,861 $4.1M Add +2.3%
SFM Sprouts Farmers Market Inc. 1.16% 63,417 $4.1M Reduce -0.9%
CL Colgate-Palmolive Co. 0.96% 37,690 $3.4M Add +149.0%
CSCO Cisco Systems Inc. 0.96% 67,510 $3.4M Add +5.2%
AVGO Broadcom Inc. 0.93% 2,486 $3.3M Add +3.8%
V Visa Inc. Class A 0.93% 11,755 $3.3M Reduce -44.8%
WM Waste Management Inc. 0.91% 15,128 $3.2M Add +17.3%
HMN Horace Mann Educators 0.81% 77,259 $2.9M New
AMT American Tower Corp. 0.81% 14,448 $2.9M Add +6.0%
BEPC Brookfield Renewable Cor-A 0.80% 114,251 $2.8M Add +8.5%
AOS Smith (a.o.) Corp. 0.71% 28,116 $2.5M Add +3.9%
VRTX Vertex Pharmaceuticals Inc. 0.71% 5,957 $2.5M Add +29.0%
BDX Becton Dickinson and Co. 0.68% 9,757 $2.4M Add +3.8%
APOG Apogee Enterprises Inc. 0.68% 40,335 $2.4M Add +5.4%
TSLA Tesla Inc. 0.63% 12,594 $2.2M Reduce -33.2%
ADBE Adobe Inc. 0.62% 4,334 $2.2M Reduce -20.1%
CAH Cardinal Health Inc. 0.58% 18,364 $2.1M Add +4.0%
LII Lennox International Inc. 0.57% 4,135 $2.0M Add +2.3%
NFLX Netflix Inc. 0.56% 3,246 $2.0M Add +5.7%
ESGV Vanguard ESG US Stock ETF 0.56% 21,144 $2.0M Reduce -3.5%
SCS Steelcase Inc. Class A 0.55% 148,437 $1.9M Add +5.8%
BBY Best Buy Co. Inc. 0.52% 22,439 $1.8M Add +5.4%
LECO Lincoln Electric Holdings 0.47% 6,532 $1.7M Add +4.6%
LNC Lincoln National Corp. 0.47% 52,113 $1.7M Add +5.6%
TGT Target Corp. 0.47% 9,326 $1.7M New
APH Amphenol Corp. Class A 0.46% 14,093 $1.6M Add +5.0%
QCOM Qualcomm Inc. 0.45% 9,458 $1.6M New
BCO The Brink's Co. 0.44% 16,972 $1.6M Add +5.7%
HNI Hni Corp. 0.44% 34,317 $1.5M Add +5.6%
INTU Intuit Inc. 0.43% 2,353 $1.5M Add +4.0%
ORCL Oracle Corp. 0.43% 12,129 $1.5M Reduce -42.9%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.42% 14,770 $1.5M Add +5.0%
CB Chubb Ltd. 0.42% 5,724 $1.5M Add +75.1%
A Agilent Technologies Inc. 0.42% 10,176 $1.5M New
VOYA Voya Financial Inc. 0.41% 19,524 $1.4M New
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.41% 7,545 $1.4M New
PG The Procter & Gamble Co. 0.41% 8,806 $1.4M Reduce -74.7%
ITW Illinois Tool Works 0.39% 5,144 $1.4M Add +4.5%
GSK GSK PLC-Spon ADR 0.39% 32,078 $1.4M Add +2.6%
EQIX Equinix Inc. 0.36% 1,557 $1.3M Add +3.4%
NVS Novartis AG-Sponsored ADR 0.36% 13,204 $1.3M Reduce -42.9%
UL Unilever PLC 0.36% 25,117 $1.3M Add +3.9%
SBUX Starbucks Corp. 0.36% 13,724 $1.3M Reduce -44.9%
NKE Nike Inc. Class B 0.28% 10,449 $982K Add +4.8%
CNI Canadian Natl Railway Co. 0.28% 7,377 $972K Reduce -65.6%
LH Laboratory CRP of Amer Hldgs 0.21% 3,347 $731K Add +38.6%
CNC Centene Corp. 0.20% 9,136 $717K Add +195.3%
WLY Wiley (john) & Sons Class A 0.19% 17,359 $662K Add +84.5%
STT State Street Corp. 0.17% 7,697 $595K Add +83.2%
GOOG Alphabet Inc. Class C 0.16% 3,596 $548K No change
RPAR Rpar Risk Parity ETF 0.14% 25,829 $498K New
GAP The Gap Inc. 0.14% 17,770 $490K New
DOV Dover Corp. 0.13% 2,663 $472K New
BMI Badger Meter Inc. 0.12% 2,636 $427K Add +4.4%
OEF iShares S&P 100 ETF 0.12% 1,655 $409K New
LKQ LKQ Corp. 0.10% 6,711 $358K New
TILE Interface Inc. 0.10% 20,645 $347K Add +1.3%
INVESTMENT MANAGERS SER TR I 0.10% 9,258 $340K Reduce -46.7%
SAN Banco Santander SA-Spon ADR 0.09% 68,635 $332K Add +4.3%
EBAY eBay Inc. 0.09% 5,835 $308K New
FTEC Fidelity MSCI Info Tech Indx 0.09% 1,974 $308K New
VTI VG Morningstar TS MKT ETF-US 0.08% 1,080 $281K New
ACWI iShares MSCI Acwi ETF 0.08% 2,461 $271K New
REGN Regeneron Pharmaceuticals 0.08% 279 $269K Add +6.9%
DGX Quest Diagnostics Inc. 0.07% 1,770 $236K Add +5.2%
IWF iShares Russell 1000 Growth 0.04% 431 $145K No change
AGG iShares Core U.S. Aggregate 0.03% 946 $93K New
IWM iShares Russell 2000 ETF 0.01% 195 $41K No change
TIP iShares Tips Bond ETF 0.01% 182 $20K New
TLT iShares 20+ Year Treasury BD 0.00% 145 $14K New

Portfolio Sells Q4 2023 → Q1 2024
SGOV iShares 0-3 Month Treasury B Reduce -59.5% 1.38% −2.37
PG The Procter & Gamble Co. Reduce -74.7% 0.41% −1.19
AMP Ameriprise Financial Inc. Sold out 0.00% −1.03
TSLA Tesla Inc. Reduce -33.2% 0.63% −0.84
V Visa Inc. Class A Reduce -44.8% 0.93% −0.80
KMB Kimberly-Clark Corp. Sold out 0.00% −0.62
HAE Haemonetics Corp. Sold out 0.00% −0.61
CNI Canadian Natl Railway Co. Reduce -65.6% 0.28% −0.57
SPTI SS SPDR P Int Term TSY ETF Reduce -2.2% 3.58% −0.52
TXN Texas Instruments Inc. Sold out 0.00% −0.43
ADBE Adobe Inc. Reduce -20.1% 0.62% −0.39
SBUX Starbucks Corp. Reduce -44.9% 0.36% −0.39
FDX FedEx Corp. Sold out 0.00% −0.39
NVS Novartis AG-Sponsored ADR Reduce -42.9% 0.36% −0.37
RGA Reinsurance Group of America Reduce -28.4% 1.21% −0.35
ORCL Oracle Corp. Reduce -42.9% 0.43% −0.27
SNY Sanofi-ADR Sold out 0.00% −0.24
MA Mastercard Inc. Class A Reduce -9.8% 1.55% −0.13
VNO Vornado Realty Trust Sold out 0.00% −0.11
SUSA iShares ESG Optimized MSCI U Sold out 0.00% −0.09
INTC Intel Corp. Sold out 0.00% −0.09
INVESTMENT MANAGERS SER TR I Reduce -46.7% 0.10% −0.08
DSI iShares ESG MSCI KLD 400 ETF Sold out 0.00% −0.05
ESGV Vanguard ESG US Stock ETF Reduce -3.5% 0.56% −0.02
EFA iShares MSCI Eafe ETF Sold out 0.00% −0.01
IGE iShares North American Natur Sold out 0.00% −0.00
USXF iShares ESG Advance MSCI USA Sold out 0.00% −0.00
EUSB Ishr ESG Advn Universal BD-$ Sold out 0.00% −0.00
DMXF iShares ESG Advanc MSCI Eafe Sold out 0.00% −0.00
SFM Sprouts Farmers Market Inc. Reduce -0.9% 1.16% +0.20

Portfolio Buys Q4 2023 → Q1 2024
NVDA Nvidia Corp. Add +0.1% 4.08% +1.61
PFG Principal Financial Group Add +244.1% 1.86% +1.32
AXP American Express Co. Add +158.2% 1.28% +0.83
HMN Horace Mann Educators New 0.81% +0.81
CL Colgate-Palmolive Co. Add +149.0% 0.96% +0.58
AMAT Applied Materials Inc. Add +50.3% 1.38% +0.58
AMGN Amgen Inc. Add +58.3% 1.95% +0.57
NVO Novo-Nordisk A/S-Spons ADR Add +25.1% 1.94% +0.56
TGT Target Corp. New 0.47% +0.47
QCOM Qualcomm Inc. New 0.45% +0.45
META Meta Platforms Inc. Class A Add +7.1% 1.80% +0.45
A Agilent Technologies Inc. New 0.42% +0.42
VOYA Voya Financial Inc. New 0.41% +0.41
IBM Intl Business Machines Corp. New 0.41% +0.41
BNY Bank of New York Mellon Corp. Add +47.0% 1.21% +0.39
MSFT Microsoft Corp. Add +3.3% 8.37% +0.37
AMZN Amazon.com Inc. Add +5.2% 2.83% +0.33
KR Kroger Co. Add +6.3% 1.53% +0.26
GWW WW Grainger Inc. Add +7.0% 1.45% +0.23
JPM JPMorgan Chase & Co. Add +4.8% 2.19% +0.23
LRCX Lam Research Corp. Add +4.8% 1.35% +0.20
WM Waste Management Inc. Add +17.3% 0.91% +0.19
CB Chubb Ltd. Add +75.1% 0.42% +0.19
RPAR Rpar Risk Parity ETF New 0.14% +0.14
GAP The Gap Inc. New 0.14% +0.14
DOV Dover Corp. New 0.13% +0.13
CNC Centene Corp. Add +195.3% 0.20% +0.13
NUE Nucor Corp. Add +4.4% 1.78% +0.12
HD Home Depot Inc. Add +4.1% 2.81% +0.12
VRTX Vertex Pharmaceuticals Inc. Add +29.0% 0.71% +0.12
OEF iShares S&P 100 ETF New 0.12% +0.12
UNH Unitedhealth Group Inc. Add +23.4% 2.29% +0.11
LOW Lowe's Cos Inc. Add +4.4% 1.35% +0.10
LKQ LKQ Corp. New 0.10% +0.10
AVGO Broadcom Inc. Add +3.8% 0.93% +0.10
WLY Wiley (john) & Sons Class A Add +84.5% 0.19% +0.09
NFLX Netflix Inc. Add +5.7% 0.56% +0.09
EBAY eBay Inc. New 0.09% +0.09
FTEC Fidelity MSCI Info Tech Indx New 0.09% +0.09
VTI VG Morningstar TS MKT ETF-US New 0.08% +0.08
TMO Thermo Fisher Scientific Inc. Add +4.4% 2.33% +0.08
ACWI iShares MSCI Acwi ETF New 0.08% +0.08
STT State Street Corp. Add +83.2% 0.17% +0.07
COST Costco Wholesale Corp. Add +4.1% 1.33% +0.06
LNC Lincoln National Corp. Add +5.6% 0.47% +0.06
LECO Lincoln Electric Holdings Add +4.6% 0.47% +0.05
APH Amphenol Corp. Class A Add +5.0% 0.46% +0.04
APOG Apogee Enterprises Inc. Add +5.4% 0.68% +0.04
LH Laboratory CRP of Amer Hldgs Add +38.6% 0.21% +0.04
GSK GSK PLC-Spon ADR Add +2.6% 0.39% +0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 113$444.3MSGOV, AAPL, GOOGL, NVDA, MSFT
Q1 2026 109$393.3MSGOV, AAPL, GOOGL, NVDA, MSFT
Q4 2025 108$408.2MSGOV, AAPL, GOOGL, NVDA, MSFT
Q3 2025 106$402.3MSGOV, AAPL, NVDA, MSFT, GOOGL
Q2 2025 117$379.4MSGOV, MSFT, AAPL, NVDA, GOOGL
Q1 2025 113$361.3MSGOV, AAPL, MSFT, NVDA, GOOGL
Q4 2024 99$375.8MAAPL, MSFT, NVDA, GOOGL, AMZN
Q3 2024 103$386.1MAAPL, MSFT, NVDA, GOOGL, SPTI
Q2 2024 101$371.7MMSFT, AAPL, NVDA, GOOGL, SPTI
Q1 2024 100$352.7MMSFT, AAPL, GOOGL, NVDA, SPTI