Ethic Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 27, 2026), Ethic Inc. reported 1,232 stock positions worth $6.4 billion. Its top holding was Nvidia (NVDA) at 6.7% of the portfolio, followed by Apple (AAPL, 5.9%) and Alphabet Class C (GOOG, 5.3%). Compared with Q4 2025, it opened 126 new positions, sold out of 104, added to 633 and reduced 467. The biggest buy was Alphabet Class C (GOOG, shares +107%) and the biggest sale an exit from Alphabet Class A (GOOGL).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001780570
- Portfolio Value
- $6.4B (Q1 2026)
- SEC Filing
- 0001780570-26-000004 ↗ filed Apr 27, 2026
Holdings Value
Holdings 1,232 stocks · $6.4B
| NVDA Nvidia Corp. | 6.69% | 2,446,417 | $426.7M | Add +1.5% |
| AAPL Apple Inc. | 5.94% | 1,492,645 | $378.8M | Add +1.4% |
| GOOG Alphabet Inc. Class C | 5.28% | 1,172,068 | $336.6M | Add +107.3% |
| MSFT Microsoft Corp. | 4.14% | 713,147 | $264.0M | Add +1.4% |
| AMZN Amazon.com Inc. | 2.57% | 786,167 | $163.7M | Add +2.5% |
| AVGO Broadcom Inc. | 1.74% | 359,152 | $111.2M | Add +0.4% |
| META Meta Platforms Inc. Class A | 1.44% | 160,496 | $91.8M | Add +1.8% |
| LLY Eli Lilly & Co. | 1.22% | 84,534 | $77.8M | Add +3.5% |
| TSLA Tesla Inc. | 1.04% | 178,381 | $66.3M | Add +3.7% |
| V Visa Inc. Class A | 0.89% | 186,799 | $56.5M | Add +2.9% |
| NFLX Netflix Inc. | 0.77% | 510,430 | $49.1M | Add +5.2% |
| MA Mastercard Inc. Class A | 0.71% | 90,878 | $45.4M | Add +1.8% |
| MU Micron Technology Inc. | 0.67% | 125,702 | $42.5M | Reduce -3.3% |
| GS Goldman Sachs Group Inc. | 0.66% | 50,066 | $42.4M | Add +2.9% |
| CSCO Cisco Systems Inc. | 0.63% | 518,983 | $40.3M | Add +3.0% |
| CAT Caterpillar Inc. | 0.62% | 56,155 | $39.8M | Reduce -5.2% |
| MRK Merck & Co. Inc. | 0.62% | 326,297 | $39.3M | Add +2.6% |
| AMAT Applied Materials Inc. | 0.58% | 108,317 | $37.0M | Reduce -4.0% |
| LRCX Lam Research Corp. | 0.58% | 171,923 | $36.7M | Reduce -6.3% |
| HD Home Depot Inc. | 0.52% | 100,997 | $33.2M | Reduce -3.1% |
| MS Morgan Stanley | 0.51% | 199,266 | $32.8M | Add +1.2% |
| AMD Advanced Micro Devices | 0.51% | 160,133 | $32.6M | Add +4.6% |
| ORCL Oracle Corp. | 0.50% | 214,855 | $31.6M | Add +2.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.48% | 126,485 | $30.7M | Add +0.3% |
| T AT&T Inc. | 0.47% | 1,036,952 | $30.1M | Reduce -1.5% |
| TSM Taiwan Semiconductor-SP ADR | 0.46% | 85,984 | $29.1M | Add +1.7% |
| VZ Verizon Communications Inc. | 0.44% | 563,472 | $28.3M | Add +2.5% |
| GEV GE Vernova Inc. | 0.44% | 32,152 | $28.1M | Reduce -2.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.44% | 173,844 | $27.8M | Add +4.3% |
| VOTE TCW Transform 500 ETF | 0.41% | 346,335 | $26.4M | Reduce -5.3% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.41% | 19,928 | $26.3M | Add +4.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.40% | 53,522 | $25.6M | Add +3.4% |
| JNJ Johnson & Johnson | 0.40% | 103,413 | $25.3M | Add +24.5% |
| UNH Unitedhealth Group Inc. | 0.40% | 93,211 | $25.2M | Reduce -0.8% |
| KLAC KLA Corp. | 0.39% | 17,003 | $25.0M | Add +0.8% |
| AXP American Express Co. | 0.39% | 81,455 | $24.6M | Reduce -2.0% |
| JPM JPMorgan Chase & Co. | 0.39% | 83,705 | $24.6M | Add +10.6% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.38% | 202,881 | $24.1M | Add +5.0% |
| TMO Thermo Fisher Scientific Inc. | 0.37% | 48,230 | $23.7M | Reduce -4.4% |
| ABT Abbott Laboratories | 0.36% | 224,621 | $23.1M | Add +2.5% |
| CB Chubb Ltd. | 0.36% | 70,221 | $22.9M | Add +8.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.36% | 468,172 | $22.8M | Add +2.3% |
| PFE Pfizer Inc. | 0.35% | 800,505 | $22.5M | Add +11.3% |
| CRM Salesforce Inc. | 0.34% | 117,376 | $21.9M | Add +10.0% |
| WELL Welltower Inc. | 0.34% | 110,503 | $21.8M | Reduce -0.0% |
| WMT Walmart Inc. | 0.34% | 173,884 | $21.6M | Add +10.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.33% | 215,517 | $20.8M | Add +5.2% |
| INTC Intel Corp. | 0.33% | 470,162 | $20.7M | Add +3.8% |
| BKNG Booking Holdings Inc. | 0.32% | 4,884 | $20.6M | Reduce -3.3% |
| GLW Corning Inc. | 0.32% | 150,019 | $20.4M | Reduce -17.2% |
| LOW Lowe's Cos Inc. | 0.32% | 85,979 | $20.3M | Add +4.5% |
| COST Costco Wholesale Corp. | 0.31% | 19,848 | $19.8M | Add +14.7% |
| CME Cme Group Inc. | 0.31% | 66,949 | $19.8M | Add +6.6% |
| ISRG Intuitive Surgical Inc. | 0.31% | 42,798 | $19.7M | Reduce -1.0% |
| ED Consolidated Edison Inc. | 0.29% | 164,899 | $18.7M | Add +7.2% |
| SPGI S&P Global Inc. | 0.29% | 43,047 | $18.3M | Reduce -11.4% |
| SYK Stryker Corp. | 0.29% | 55,439 | $18.2M | Add +2.8% |
| AMGN Amgen Inc. | 0.28% | 50,540 | $17.8M | Add +9.7% |
| PNC PNC Financial Services Group | 0.28% | 84,626 | $17.6M | Add +3.8% |
| EXC Exelon Corp. | 0.28% | 358,659 | $17.6M | Add +7.3% |
| DE Deere & Co. | 0.28% | 31,208 | $17.6M | Add +1.8% |
| XOM Exxon Mobil Corp. | 0.28% | 103,593 | $17.6M | Add +5.7% |
| ABBV Abbvie Inc. | 0.28% | 80,720 | $17.6M | Add +11.4% |
| SCHW Schwab (charles) Corp. | 0.28% | 186,662 | $17.5M | Reduce -0.7% |
| TMUS T-Mobile US Inc. | 0.27% | 81,565 | $17.1M | Reduce -2.6% |
| TXN Texas Instruments Inc. | 0.27% | 88,062 | $17.1M | Add +6.0% |
| PLTR Palantir Technologies Inc. Class A | 0.27% | 115,565 | $16.9M | Reduce -2.4% |
| PWR Quanta Services Inc. | 0.26% | 29,925 | $16.4M | Reduce -0.1% |
| ETN Eaton Corp. PLC | 0.26% | 45,837 | $16.4M | Add +8.3% |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | 0.25% | 224,902 | $16.2M | New |
| GE General Electric filed as GE AEROSPACE | 0.25% | 56,936 | $16.2M | Add +2.1% |
| NVS Novartis AG-Sponsored ADR | 0.25% | 103,551 | $15.8M | Add +10.3% |
| JCI Johnson Controls Internation | 0.24% | 119,079 | $15.6M | Reduce -3.0% |
| PLD Prologis Inc. | 0.24% | 117,803 | $15.6M | Add +3.8% |
| PGR Progressive Corp. | 0.24% | 78,392 | $15.5M | Add +10.0% |
| AWK American Water Works Co. Inc. | 0.24% | 113,760 | $15.5M | Add +14.2% |
| TRV The Travelers Cos Inc. | 0.23% | 51,026 | $14.9M | Add +2.5% |
| VEXC Vanguard Emer Mark Ex-CH ETF | 0.23% | 131,998 | $14.8M | New |
| COF Capital One Financial Corp. | 0.23% | 80,373 | $14.7M | Reduce -6.4% |
| PANW Palo Alto Networks Inc. | 0.23% | 91,331 | $14.6M | Add +26.1% |
| C Citigroup Inc. | 0.23% | 127,928 | $14.5M | Add +4.9% |
| ADP Automatic Data Processing | 0.23% | 71,353 | $14.5M | Reduce -5.6% |
| AFL Aflac Inc. | 0.23% | 131,780 | $14.5M | Add +7.6% |
| NOW ServiceNow Inc. | 0.22% | 136,637 | $14.3M | Add +7.1% |
| BSX Boston Scientific Corp. | 0.22% | 227,217 | $14.3M | Reduce -5.1% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 231,638 | $14.0M | Add +9.1% |
| PCAR Paccar Inc. | 0.22% | 118,769 | $13.7M | Add +4.5% |
| HAL Halliburton Co. | 0.21% | 350,303 | $13.7M | Reduce -5.5% |
| USB US Bancorp | 0.21% | 262,405 | $13.6M | Add +3.4% |
| L Loews Corp. | 0.21% | 126,958 | $13.6M | Reduce -7.3% |
| RTX RTX Corp. | 0.21% | 69,316 | $13.4M | Add +8.6% |
| WDC Western Digital Corp. | 0.21% | 49,359 | $13.4M | Add +43.4% |
| INTU Intuit Inc. | 0.21% | 30,877 | $13.4M | Reduce -6.5% |
| HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC | 0.21% | 158,702 | $13.1M | Add +2.6% |
| VRT Vertiv Holdings Co. Class A | 0.20% | 51,673 | $12.9M | Reduce -0.2% |
| QCOM Qualcomm Inc. | 0.20% | 100,053 | $12.9M | Reduce -14.9% |
| PH Parker Hannifin Corp. | 0.20% | 14,213 | $12.7M | Add +1.1% |
| WAB Wabtec Corp. | 0.20% | 50,623 | $12.7M | Add +15.3% |
| APH Amphenol Corp. Class A | 0.20% | 99,998 | $12.6M | Reduce -9.9% |
| MDT Medtronic PLC | 0.20% | 145,754 | $12.6M | Add +1.9% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $3.8M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | 57,965 | $3.7M | New |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | 21,931 | $98K | New |
| FFAIW Faraday Future -CW27 | *W EXP 07/21/202 | 12,303 | $3K | New |
Total filed on the 13F, all lines: $6.4B.
Portfolio Sells Q4 2025 → Q1 2026
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −2.85 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.29 |
| BSX Boston Scientific Corp. | Reduce -5.1% | 0.22% | −0.13 |
| INTU Intuit Inc. | Reduce -6.5% | 0.21% | −0.13 |
| APP AppLovin Corp. Class A | Reduce -21.1% | 0.10% | −0.11 |
| QCOM Qualcomm Inc. | Reduce -14.9% | 0.20% | −0.11 |
| SPGI S&P Global Inc. | Reduce -11.4% | 0.29% | −0.10 |
| BKNG Booking Holdings Inc. | Reduce -3.3% | 0.32% | −0.09 |
| COF Capital One Financial Corp. | Reduce -6.4% | 0.23% | −0.09 |
| AXP American Express Co. | Reduce -2.0% | 0.39% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -0.8% | 0.40% | −0.08 |
| TMO Thermo Fisher Scientific Inc. | Reduce -4.4% | 0.37% | −0.08 |
| MKC McCormick & Co.-Non VTG SHRS | Sold out | 0.00% | −0.07 |
| ADP Automatic Data Processing | Reduce -5.6% | 0.23% | −0.07 |
| ISRG Intuitive Surgical Inc. | Reduce -1.0% | 0.31% | −0.07 |
| NSC Norfolk Southern Corp. | Sold out | 0.00% | −0.07 |
| MCHP Microchip Technology Inc. | Sold out | 0.00% | −0.06 |
| PLTR Palantir Technologies Inc. Class A | Reduce -2.4% | 0.27% | −0.06 |
| BX Blackstone Inc. | Reduce -12.1% | 0.11% | −0.06 |
| IQV Iqvia Holdings Inc. | Reduce -37.2% | 0.05% | −0.05 |
| ELV Elevance Health Inc. | Reduce -11.9% | 0.15% | −0.05 |
| FOX Fox Corp. Class B | Sold out | 0.00% | −0.05 |
| MCO Moody's Corp. | Reduce -15.6% | 0.14% | −0.05 |
| HEI.A Heico Corp. Class A | Sold out | 0.00% | −0.05 |
| LITE Lumentum Holdings Inc. | Sold out | 0.00% | −0.05 |
| VLO Valero Energy Corp. | Reduce -63.1% | 0.06% | −0.05 |
| UGI Ugi Corp. | Sold out | 0.00% | −0.05 |
| HOOD Robinhood Markets Inc. Class A | Reduce -7.0% | 0.06% | −0.05 |
| SONY Sony Group Corp. - SP ADR | Reduce -5.3% | 0.16% | −0.05 |
| FLEX Flex Ltd. | Sold out | 0.00% | −0.04 |
| NDAQ Nasdaq Inc. | Reduce -16.9% | 0.12% | −0.04 |
| FIS Fidelity National Info Serv | Reduce -53.2% | 0.02% | −0.04 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.04 |
| TAP Molson Coors Beverage Co. Class B | Sold out | 0.00% | −0.04 |
| FISV Fiserv Inc. | Reduce -34.4% | 0.05% | −0.04 |
| CYBR Cyberark Software Ltd./Israel | Sold out | 0.00% | −0.04 |
| FCNCA First Citizens Bcshs Class A | Sold out | 0.00% | −0.04 |
| AJG Arthur J Gallagher & Co. | Reduce -19.6% | 0.08% | −0.04 |
| TTWO Take-Two Interactive Softwre | Reduce -6.8% | 0.10% | −0.04 |
| DHR Danaher Corp. | Reduce -0.7% | 0.19% | −0.04 |
| VOTE TCW Transform 500 ETF | Reduce -5.3% | 0.41% | −0.04 |
| RELX Relx PLC - Spon ADR | Reduce -17.9% | 0.08% | −0.04 |
| APO Apollo Global Management Inc. | Reduce -12.5% | 0.07% | −0.03 |
| APH Amphenol Corp. Class A | Reduce -9.9% | 0.20% | −0.03 |
| SSNC Ss&c Technologies Holdings | Sold out | 0.00% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -30.5% | 0.04% | −0.03 |
| EXPE Expedia Group Inc. | Reduce -11.8% | 0.09% | −0.03 |
| SPOT Spotify Technology SA | Reduce -1.6% | 0.16% | −0.03 |
| TELFY Telefonica SA-Spon ADR | Sold out | 0.00% | −0.03 |
| HD Home Depot Inc. | Reduce -3.1% | 0.52% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| GOOG Alphabet Inc. Class C | Add +107.3% | 5.28% | +2.55 |
| UBER TECHNOLOGIES INC (UBER 0.875 12/01/28 2028) | New | 0.25% | +0.25 |
| VEXC Vanguard Emer Mark Ex-CH ETF | New | 0.23% | +0.23 |
| JNJ Johnson & Johnson | Add +24.5% | 0.40% | +0.13 |
| WDC Western Digital Corp. | Add +43.4% | 0.21% | +0.12 |
| ESGD iShares Trust iShares ESG Aw | New | 0.10% | +0.10 |
| MRK Merck & Co. Inc. | Add +2.6% | 0.62% | +0.10 |
| VZ Verizon Communications Inc. | Add +2.5% | 0.44% | +0.10 |
| ASML ASML Holding NV-NY Reg SHS | Add +4.1% | 0.41% | +0.10 |
| XOM Exxon Mobil Corp. | Add +5.7% | 0.28% | +0.09 |
| SO The Southern Co. | Add +58.0% | 0.14% | +0.09 |
| SNDK Sandisk Corp. | Add +20.7% | 0.13% | +0.09 |
| OKE Oneok Inc. | Add +60.7% | 0.16% | +0.08 |
| COST Costco Wholesale Corp. | Add +14.7% | 0.31% | +0.08 |
| KLAC KLA Corp. | Add +0.8% | 0.39% | +0.08 |
| PFE Pfizer Inc. | Add +11.3% | 0.35% | +0.08 |
| NFLX Netflix Inc. | Add +5.2% | 0.77% | +0.07 |
| CTVA Corteva Inc. | Add +35.9% | 0.16% | +0.07 |
| INTC Intel Corp. | Add +3.8% | 0.33% | +0.07 |
| WMT Walmart Inc. | Add +10.0% | 0.34% | +0.07 |
| TSM Taiwan Semiconductor-SP ADR | Add +1.7% | 0.46% | +0.06 |
| MKC.V McCormick & Co. Inc. VTG Com | New | 0.06% | +0.06 |
| ED Consolidated Edison Inc. | Add +7.2% | 0.29% | +0.06 |
| DE Deere & Co. | Add +1.8% | 0.28% | +0.06 |
| WAB Wabtec Corp. | Add +15.3% | 0.20% | +0.05 |
| CL Colgate-Palmolive Co. | Add +30.8% | 0.18% | +0.05 |
| PEP Pepsico Inc. | Add +27.0% | 0.19% | +0.05 |
| EQIX Equinix Inc. | Add +18.1% | 0.15% | +0.05 |
| KEYS Keysight Technologies Inc. | Add +38.0% | 0.11% | +0.05 |
| EXC Exelon Corp. | Add +7.3% | 0.28% | +0.05 |
| LNG Cheniere Energy Inc. | Add +29.1% | 0.10% | +0.05 |
| ETN Eaton Corp. PLC | Add +8.3% | 0.26% | +0.05 |
| NVS Novartis AG-Sponsored ADR | Add +10.3% | 0.25% | +0.05 |
| CB Chubb Ltd. | Add +8.6% | 0.36% | +0.05 |
| AMGN Amgen Inc. | Add +9.7% | 0.28% | +0.05 |
| TXN Texas Instruments Inc. | Add +6.0% | 0.27% | +0.05 |
| CME Cme Group Inc. | Add +6.6% | 0.31% | +0.05 |
| TAP.A Molson Coors Beverage Co. Class A | New | 0.05% | +0.05 |
| CVX Chevron Corp. | Add +6.6% | 0.14% | +0.05 |
| FITB Fifth Third Bancorp | Add +37.6% | 0.16% | +0.05 |
| STX Seagate Technology Holdings | Add +6.6% | 0.13% | +0.04 |
| HEI Heico Corp. | Add +1500.9% | 0.05% | +0.04 |
| UGI CORP (UGI 5 06/01/28) | New | 0.04% | +0.04 |
| BMY Bristol-Myers Squibb Co. | Add +9.1% | 0.22% | +0.04 |
| SKM SK Telecom Co. Ltd.-Spon ADR | Add +72.8% | 0.07% | +0.04 |
| AWK American Water Works Co. Inc. | Add +14.2% | 0.24% | +0.04 |
| VNOM Viper Energy Inc. Class A | Add +994.0% | 0.05% | +0.04 |
| TJX TJX Companies Inc. | Add +4.3% | 0.44% | +0.04 |
| CIEN Ciena Corp. | Add +3.9% | 0.09% | +0.04 |
| EFXT Enerflex Ltd. | New | 0.04% | +0.04 |
Notes & Other Activity Q4 2025 → Q1 2026
| MICROCHIP TECHNOLOGY INC (MCHP 7.5 03/15/28) | DEP SHS REPSTG | New | 57,965 | $3.7M |
| NIOBW Niocorp Developments Ltd. -28 | *W EXP 03/17/202 | New | 21,931 | $98K |
| FFAIW Faraday Future -CW27 | *W EXP 07/21/202 | New | 12,303 | $3K |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
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 |