Ethic Inc.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Ethic Inc. reported 1,080 stock positions worth $4.0 billion. Its top holding was Microsoft (MSFT) at 5.4% of the portfolio, followed by Apple (AAPL, 4.4%) and Nvidia (NVDA, 4.0%). Compared with Q4 2023, it opened 105 new positions, sold out of 73, added to 602 and reduced 371. The biggest buy was Nvidia (NVDA, shares +7%) and the biggest sale Tesla (TSLA, shares −8%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001780570
- Portfolio Value
- $4.0B (Q1 2024)
- SEC Filing
- 0001780570-24-000004 ↗ filed May 13, 2024
Holdings Value
Holdings 1,080 stocks · $4.0B
| MSFT Microsoft Corp. | 5.43% | 510,501 | $214.8M | Add +11.7% |
| AAPL Apple Inc. | 4.40% | 1,015,842 | $174.2M | Add +5.3% |
| NVDA Nvidia Corp. | 4.00% | 175,017 | $158.1M | Add +7.0% |
| AMZN Amazon.com Inc. | 2.60% | 571,434 | $103.1M | Add +11.4% |
| GOOGL Alphabet Inc. Class A | 1.97% | 515,874 | $77.9M | Add +19.6% |
| GOOG Alphabet Inc. Class C | 1.38% | 359,409 | $54.7M | Reduce -2.0% |
| LLY Eli Lilly & Co. | 1.37% | 69,767 | $54.3M | Add +11.6% |
| META Meta Platforms Inc. Class A | 1.22% | 99,499 | $48.3M | Add +8.9% |
| V Visa Inc. Class A | 0.97% | 137,044 | $38.2M | Add +9.2% |
| UNH Unitedhealth Group Inc. | 0.96% | 77,023 | $38.1M | Add +6.4% |
| MA Mastercard Inc. Class A | 0.90% | 74,186 | $35.7M | Add +10.1% |
| MRK Merck & Co. Inc. | 0.87% | 261,741 | $34.5M | Add +9.4% |
| AVGO Broadcom Inc. | 0.86% | 25,758 | $34.1M | Add +6.4% |
| HD Home Depot Inc. | 0.79% | 81,038 | $31.1M | Add +14.5% |
| CRM Salesforce Inc. | 0.64% | 83,583 | $25.2M | Add +7.7% |
| NFLX Netflix Inc. | 0.56% | 36,763 | $22.3M | Add +6.8% |
| ACN Accenture PLC Class A | 0.56% | 63,706 | $22.1M | Add +10.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.55% | 114,082 | $21.8M | Reduce -9.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.55% | 176,771 | $21.6M | Add +13.3% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.54% | 167,817 | $21.5M | Add +0.9% |
| TMO Thermo Fisher Scientific Inc. | 0.54% | 36,936 | $21.5M | Add +13.5% |
| CSCO Cisco Systems Inc. | 0.54% | 425,640 | $21.2M | Reduce -12.4% |
| AMAT Applied Materials Inc. | 0.52% | 100,047 | $20.6M | Reduce -7.3% |
| ADBE Adobe Inc. | 0.52% | 40,877 | $20.6M | Add +4.5% |
| ORCL Oracle Corp. | 0.51% | 160,054 | $20.1M | Add +28.8% |
| ABT Abbott Laboratories | 0.48% | 167,397 | $19.0M | Add +11.1% |
| SPGI S&P Global Inc. | 0.47% | 44,031 | $18.7M | Add +16.7% |
| VZ Verizon Communications Inc. | 0.47% | 445,746 | $18.7M | Add +0.6% |
| QCOM Qualcomm Inc. | 0.44% | 103,480 | $17.5M | Add +19.1% |
| GS Goldman Sachs Group Inc. | 0.44% | 41,930 | $17.5M | Reduce -1.2% |
| INTC Intel Corp. | 0.44% | 394,409 | $17.4M | Reduce -3.7% |
| MU Micron Technology Inc. | 0.43% | 143,639 | $16.9M | Reduce -1.6% |
| TSLA Tesla Inc. | 0.43% | 96,257 | $16.9M | Reduce -7.7% |
| CAT Caterpillar Inc. | 0.41% | 44,711 | $16.4M | Add +2.8% |
| CI The Cigna Group | 0.41% | 44,461 | $16.1M | Reduce -5.4% |
| NOW ServiceNow Inc. | 0.41% | 21,127 | $16.1M | Add +18.4% |
| PEP Pepsico Inc. | 0.40% | 91,158 | $16.0M | Add +7.8% |
| ABBV Abbvie Inc. | 0.40% | 87,565 | $15.9M | Add +127.0% |
| AXP American Express Co. | 0.40% | 69,362 | $15.8M | Add +4.8% |
| INTU Intuit Inc. | 0.39% | 23,447 | $15.2M | Add +10.2% |
| BKNG Booking Holdings Inc. | 0.38% | 4,101 | $14.9M | Add +7.4% |
| TGT Target Corp. | 0.37% | 82,546 | $14.6M | Add +0.6% |
| PGR Progressive Corp. | 0.37% | 70,219 | $14.5M | Add +7.3% |
| ADP Automatic Data Processing | 0.37% | 58,073 | $14.5M | Add +3.0% |
| FISV Fiserv Inc. | 0.36% | 88,698 | $14.2M | Add +12.4% |
| LRCX Lam Research Corp. | 0.36% | 14,586 | $14.2M | Add +0.3% |
| HAL Halliburton Co. | 0.36% | 356,543 | $14.1M | Add +44.2% |
| ISRG Intuitive Surgical Inc. | 0.35% | 35,116 | $14.0M | Add +14.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.35% | 138,011 | $14.0M | Add +29.6% |
| SAP Sap SE-Sponsored ADR | 0.35% | 70,528 | $13.8M | Add +5.5% |
| AIG American International Group | 0.34% | 172,728 | $13.5M | Reduce -3.6% |
| BSX Boston Scientific Corp. | 0.34% | 194,983 | $13.4M | Add +10.8% |
| SYK Stryker Corp. | 0.34% | 37,054 | $13.3M | Add +9.7% |
| TMUS T-Mobile US Inc. | 0.33% | 80,721 | $13.2M | Add +2.6% |
| T AT&T Inc. | 0.33% | 742,509 | $13.1M | Reduce -6.2% |
| JNJ Johnson & Johnson | 0.33% | 82,322 | $13.0M | Add +231.8% |
| CMCSA Comcast Corp. Class A | 0.33% | 298,121 | $12.9M | Add +2.4% |
| NVS Novartis AG-Sponsored ADR | 0.32% | 132,747 | $12.8M | Add +6.4% |
| PCAR Paccar Inc. | 0.32% | 102,474 | $12.7M | Reduce -2.5% |
| ASML ASML Holding NV-NY Reg SHS | 0.32% | 12,885 | $12.5M | Reduce -0.3% |
| L Loews Corp. | 0.31% | 156,500 | $12.3M | Add +2.3% |
| MDT Medtronic PLC | 0.31% | 140,187 | $12.2M | Add +10.9% |
| ITW Illinois Tool Works | 0.31% | 45,309 | $12.2M | Reduce -0.4% |
| AMGN Amgen Inc. | 0.30% | 41,437 | $11.8M | Reduce -0.7% |
| MRSH Marsh & McLennan Cos | 0.29% | 55,567 | $11.4M | Add +3.5% |
| UBER Uber Technologies Inc. | 0.29% | 148,042 | $11.4M | Add +19.6% |
| MS Morgan Stanley | 0.28% | 119,526 | $11.3M | Add +30.4% |
| PNC PNC Financial Services Group | 0.28% | 68,860 | $11.1M | Add +12.2% |
| TXN Texas Instruments Inc. | 0.27% | 62,037 | $10.8M | Add +228.0% |
| PLD Prologis Inc. | 0.27% | 82,141 | $10.7M | Add +17.8% |
| DE Deere & Co. | 0.27% | 25,764 | $10.6M | Add +7.2% |
| AFL Aflac Inc. | 0.26% | 121,059 | $10.4M | Add +5.6% |
| AMD Advanced Micro Devices | 0.26% | 56,445 | $10.2M | Add +4.8% |
| CB Chubb Ltd. | 0.26% | 39,080 | $10.1M | Add +11.3% |
| ELV Elevance Health Inc. | 0.25% | 18,928 | $9.8M | Reduce -20.4% |
| ES Eversource Energy | 0.25% | 163,070 | $9.7M | Reduce -1.0% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.25% | 168,885 | $9.7M | Reduce -1.3% |
| DHR Danaher Corp. | 0.25% | 38,931 | $9.7M | Add +7.3% |
| CPRT Copart Inc. | 0.24% | 167,232 | $9.7M | Add +6.4% |
| SYY Sysco Corp. | 0.24% | 118,666 | $9.6M | Add +9.1% |
| SCHW Schwab (charles) Corp. | 0.24% | 132,421 | $9.6M | Add +0.8% |
| MDLZ Mondelez International Inc. Class A | 0.24% | 136,693 | $9.6M | Add +29.1% |
| MCO Moody's Corp. | 0.24% | 24,290 | $9.5M | Add +15.7% |
| LOW Lowe's Cos Inc. | 0.24% | 36,960 | $9.4M | Add +6.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.23% | 67,976 | $9.2M | Reduce -1.5% |
| CDNS Cadence Design SYS Inc. | 0.23% | 29,488 | $9.2M | Add +10.7% |
| BMY Bristol-Myers Squibb Co. | 0.23% | 168,380 | $9.1M | Reduce -8.9% |
| ETN Eaton Corp. PLC | 0.23% | 28,775 | $9.0M | Add +6.0% |
| ICE Intercontinental Exchange Inc. | 0.23% | 65,082 | $8.9M | Add +10.3% |
| AMT American Tower Corp. | 0.23% | 45,171 | $8.9M | Add +13.9% |
| PFE Pfizer Inc. | 0.22% | 320,093 | $8.9M | Reduce -16.7% |
| CMG Chipotle Mexican Grill Inc. | 0.22% | 2,972 | $8.6M | Add +5.7% |
| RELX Relx PLC - Spon ADR | 0.22% | 198,482 | $8.6M | Add +6.5% |
| KLAC KLA Corp. | 0.21% | 12,079 | $8.4M | Add +14.8% |
| DHI D.R. Horton Inc. | 0.21% | 51,081 | $8.4M | Reduce -10.4% |
| CME Cme Group Inc. | 0.21% | 38,919 | $8.4M | Reduce -3.0% |
| CL Colgate-Palmolive Co. | 0.21% | 92,979 | $8.4M | Reduce -7.6% |
| OKE Oneok Inc. | 0.21% | 103,886 | $8.3M | Add +21.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.21% | 19,793 | $8.3M | Add +12.2% |
| STZ Constellation Brands Inc. Class A | 0.21% | 30,293 | $8.2M | Add +3.9% |
Portfolio Sells Q4 2023 → Q1 2024
| TSLA Tesla Inc. | Reduce -7.7% | 0.43% | −0.34 |
| CSCO Cisco Systems Inc. | Reduce -12.4% | 0.54% | −0.19 |
| INTC Intel Corp. | Reduce -3.7% | 0.44% | −0.17 |
| NKE Nike Inc. Class B | Reduce -22.9% | 0.20% | −0.15 |
| SONY Sony Group Corp. - SP ADR | Reduce -28.7% | 0.19% | −0.15 |
| GOOG Alphabet Inc. Class C | Reduce -2.0% | 1.38% | −0.15 |
| CPA Copa Holdings SA Class A | Reduce -37.5% | 0.14% | −0.13 |
| PFE Pfizer Inc. | Reduce -16.7% | 0.22% | −0.10 |
| GILD Gilead Sciences Inc. | Reduce -14.0% | 0.18% | −0.09 |
| ELV Elevance Health Inc. | Reduce -20.4% | 0.25% | −0.08 |
| PRU Prudential Financial Inc. | Reduce -27.8% | 0.19% | −0.08 |
| FANG Diamondback Energy Inc. | Reduce -58.6% | 0.07% | −0.08 |
| NXPI NXP Semiconductors NV | Reduce -29.7% | 0.14% | −0.07 |
| CHTR Charter Communications Inc. Class A | Reduce -30.9% | 0.06% | −0.07 |
| BIIB Biogen Inc. | Reduce -48.3% | 0.04% | −0.07 |
| HUM Humana Inc. | Reduce -18.5% | 0.07% | −0.06 |
| T AT&T Inc. | Reduce -6.2% | 0.33% | −0.06 |
| WBD Warner Bros Discovery Inc. | Reduce -35.3% | 0.05% | −0.06 |
| IBM Intl Business Machines Corp. | Reduce -9.8% | 0.55% | −0.06 |
| AMGN Amgen Inc. | Reduce -0.7% | 0.30% | −0.06 |
| ON On Semiconductor | Reduce -34.2% | 0.06% | −0.06 |
| HPE Hewlett Packard Enterprise | Reduce -24.0% | 0.12% | −0.06 |
| CCEP Coca-Cola Europacific Partne | Reduce -80.3% | 0.03% | −0.06 |
| FITB Fifth Third Bancorp | Reduce -56.0% | 0.04% | −0.06 |
| ES Eversource Energy | Reduce -1.0% | 0.25% | −0.05 |
| KVUE Kenvue Inc. | Reduce -23.0% | 0.10% | −0.05 |
| BMY Bristol-Myers Squibb Co. | Reduce -8.9% | 0.23% | −0.05 |
| NOV Nov Inc. | Reduce -35.2% | 0.06% | −0.05 |
| KDP Keurig Dr Pepper Inc. | Reduce -8.0% | 0.13% | −0.05 |
| SRE Sempra | Reduce -9.7% | 0.14% | −0.05 |
| MRO Marathon Oil Corp. | Reduce -88.7% | 0.01% | −0.05 |
| ITW Illinois Tool Works | Reduce -0.4% | 0.31% | −0.05 |
| PEG Public Service Enterprise GP | Reduce -39.3% | 0.06% | −0.04 |
| DHI D.R. Horton Inc. | Reduce -10.4% | 0.21% | −0.04 |
| TEL Te Connectivity Ltd. | Reduce -21.3% | 0.10% | −0.04 |
| GS Goldman Sachs Group Inc. | Reduce -1.2% | 0.44% | −0.04 |
| CTSH Cognizant Tech Solutions-A | Reduce -7.3% | 0.14% | −0.04 |
| A Agilent Technologies Inc. | Reduce -14.6% | 0.13% | −0.04 |
| MCD McDonald's Corp. | Reduce -0.8% | 0.17% | −0.04 |
| CME Cme Group Inc. | Reduce -3.0% | 0.21% | −0.04 |
| RF Regions Financial Corp. | Reduce -22.2% | 0.10% | −0.04 |
| BDX Becton Dickinson and Co. | Reduce -2.2% | 0.20% | −0.04 |
| SPLK Splunk Inc. | Sold out | 0.00% | −0.03 |
| HES Hess Corp. | Reduce -39.2% | 0.04% | −0.03 |
| UPS United Parcel Service Class B | Reduce -11.8% | 0.08% | −0.03 |
| SBUX Starbucks Corp. | Reduce -22.4% | 0.05% | −0.03 |
| HDB HDFC Bank Ltd.-ADR | Reduce -3.1% | 0.07% | −0.03 |
| LNG Cheniere Energy Inc. | Reduce -15.7% | 0.07% | −0.03 |
| MET Metlife Inc. | Reduce -9.3% | 0.19% | −0.03 |
| WY Weyerhaeuser Co. | Reduce -32.7% | 0.04% | −0.03 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +7.0% | 4.00% | +1.60 |
| MSFT Microsoft Corp. | Add +11.7% | 5.43% | +0.34 |
| AMZN Amazon.com Inc. | Add +11.4% | 2.60% | +0.30 |
| LLY Eli Lilly & Co. | Add +11.6% | 1.37% | +0.29 |
| META Meta Platforms Inc. Class A | Add +8.9% | 1.22% | +0.26 |
| ABBV Abbvie Inc. | Add +127.0% | 0.40% | +0.23 |
| JNJ Johnson & Johnson | Add +231.8% | 0.33% | +0.21 |
| GOOGL Alphabet Inc. Class A | Add +19.6% | 1.97% | +0.18 |
| TXN Texas Instruments Inc. | Add +228.0% | 0.27% | +0.18 |
| DIS The Walt Disney Co. | Add +13.3% | 0.55% | +0.13 |
| ORCL Oracle Corp. | Add +28.8% | 0.51% | +0.12 |
| HMC Honda Motor Co. Ltd.-Spons ADR | Add +156.2% | 0.18% | +0.11 |
| MRK Merck & Co. Inc. | Add +9.4% | 0.87% | +0.10 |
| HAL Halliburton Co. | Add +44.2% | 0.36% | +0.09 |
| PSA Public Storage | Add +1003.0% | 0.09% | +0.08 |
| HSBC HSBC Holdings PLC-Spons ADR | Add +132.9% | 0.16% | +0.08 |
| VMC Vulcan Materials Co. | Add +223.2% | 0.11% | +0.07 |
| QCOM Qualcomm Inc. | Add +19.1% | 0.44% | +0.07 |
| NFLX Netflix Inc. | Add +6.8% | 0.56% | +0.07 |
| AVGO Broadcom Inc. | Add +6.4% | 0.86% | +0.06 |
| UBER Uber Technologies Inc. | Add +19.6% | 0.29% | +0.06 |
| HD Home Depot Inc. | Add +14.5% | 0.79% | +0.06 |
| COF Capital One Financial Corp. | Add +146.4% | 0.10% | +0.06 |
| PGR Progressive Corp. | Add +7.3% | 0.37% | +0.06 |
| TJX TJX Companies Inc. | Add +29.6% | 0.35% | +0.06 |
| NMR Nomura Holdings Inc.-Spon ADR | Add +11.5% | 0.20% | +0.05 |
| MA Mastercard Inc. Class A | Add +10.1% | 0.90% | +0.05 |
| STLA Stellantis NV | New | 0.05% | +0.05 |
| TT Trane Technologies PLC | Add +175.6% | 0.08% | +0.05 |
| FISV Fiserv Inc. | Add +12.4% | 0.36% | +0.05 |
| IQV Iqvia Holdings Inc. | Add +56.4% | 0.15% | +0.05 |
| ISRG Intuitive Surgical Inc. | Add +14.2% | 0.35% | +0.05 |
| SUSB iShares ESG Aware 1-5 Year U | New | 0.04% | +0.04 |
| APO Apollo Global Management Inc. | Add +52.6% | 0.11% | +0.04 |
| SAP Sap SE-Sponsored ADR | Add +5.5% | 0.35% | +0.04 |
| AGR Avangrid Inc. | Add +74.6% | 0.10% | +0.04 |
| VGIT Vanguard Intermediate-Term T | New | 0.04% | +0.04 |
| ECL Ecolab Inc. | Add +23.5% | 0.21% | +0.04 |
| BSX Boston Scientific Corp. | Add +10.8% | 0.34% | +0.04 |
| SYK Stryker Corp. | Add +9.7% | 0.34% | +0.04 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +0.9% | 0.54% | +0.04 |
| MPWR Monolithic Power Systems Inc. | Add +309.8% | 0.05% | +0.03 |
| DASH DoorDash Inc. Class A | Add +17.6% | 0.12% | +0.03 |
| VRT Vertiv Holdings Co. Class A | Add +19.1% | 0.08% | +0.03 |
| NOW ServiceNow Inc. | Add +18.4% | 0.41% | +0.03 |
| ETN Eaton Corp. PLC | Add +6.0% | 0.23% | +0.03 |
| CAT Caterpillar Inc. | Add +2.8% | 0.41% | +0.03 |
| OKE Oneok Inc. | Add +21.6% | 0.21% | +0.03 |
| AZO AutoZone Inc. | Add +39.9% | 0.10% | +0.03 |
| KLAC KLA Corp. | Add +14.8% | 0.21% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,358 | $8.0B | NVDA, AAPL, MSFT, GOOGL, GOOG |
| Q1 2026 | 1,232 | $6.4B | NVDA, AAPL, GOOG, MSFT, AMZN |
| Q4 2025 | 1,210 | $6.5B | NVDA, AAPL, MSFT, GOOGL, GOOG |
| Q3 2025 | 1,192 | $6.1B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q2 2025 | 1,214 | $5.6B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 1,164 | $4.9B | AAPL, MSFT, NVDA, AMZN, GOOGL |
| Q4 2024 | 1,143 | $5.0B | AAPL, NVDA, MSFT, AMZN, GOOGL |
| Q3 2024 | 1,081 | $4.0B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q2 2024 | 1,130 | $4.3B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q1 2024 | 1,080 | $4.0B | MSFT, AAPL, NVDA, AMZN, GOOGL |