Harbour Investment Management LLC

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Harbour Investment Management LLC reported 88 stock positions worth $213.1 million. Its top holding was Microsoft (MSFT) at 11.7% of the portfolio, followed by Costco Wholesale (COST, 6.7%) and Novo-Nordisk A/S-Spons ADR (NVO, 5.6%). Compared with Q4 2023, it opened 14 new positions, sold out of 1, added to 19 and reduced 39. The biggest buy was a new position in Schwab Fndmntl US LRG Co. ETF (FNDX) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
EDMONDS, WA
CIK
0001275880
Portfolio Value
$213.1M (Q1 2024)
SEC Filing
0001275880-24-000005 ↗ filed May 9, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $213.1M $213.1M Q1 2024 Q2 2024: $216.5M Q2 2024 Q3 2024: $225.7M Q3 2024 Q4 2024: $228.0M Q4 2024 Q1 2025: $221.1M Q1 2025 Q2 2025: $231.2M Q2 2025 Q3 2025: $230.0M Q3 2025 Q4 2025: $188.6M Q4 2025 Q1 2026: $184.2M Q1 2026 Q2 2026: $193.6M Q2 2026

Holdings 88 stocks · $213.1M
MSFT Microsoft Corp. 11.67% 59,083 $24.9M Reduce -2.5%
COST Costco Wholesale Corp. 6.73% 19,573 $14.3M Reduce -0.4%
NVO Novo-Nordisk A/S-Spons ADR 5.62% 92,590 $12.0M Reduce -1.3%
AAPL Apple Inc. 4.24% 52,630 $9.0M Reduce -0.8%
AMZN Amazon.com Inc. 3.41% 40,315 $7.3M Reduce -0.7%
PCAR Paccar Inc. 3.12% 53,579 $6.6M Reduce -0.3%
IBB iShares Biotechnology ETF 2.61% 40,595 $5.6M Add +0.4%
BRK.B Berkshire Hathaway Inc. Class B 2.44% 12,359 $5.2M Reduce -2.3%
SYK Stryker Corp. 2.36% 14,040 $5.0M Reduce -5.1%
SBUX Starbucks Corp. 2.26% 52,592 $4.8M Reduce -1.6%
WM Waste Management Inc. 2.20% 22,011 $4.7M No change
ADP Automatic Data Processing 2.15% 18,238 $4.6M Reduce -2.1%
AVGO Broadcom Inc. 1.85% 2,967 $3.9M Reduce -0.4%
UNH Unitedhealth Group Inc. 1.78% 7,646 $3.8M Add +0.3%
NSC Norfolk Southern Corp. 1.61% 13,468 $3.4M Reduce -0.0%
SNA Snap-on Inc. 1.50% 10,802 $3.2M Reduce -0.1%
ABT Abbott Laboratories 1.46% 27,448 $3.1M Reduce -0.3%
XLB SS Materials Select Sector 1.45% 33,368 $3.1M Reduce -0.1%
PEP Pepsico Inc. 1.40% 16,970 $3.0M Reduce -3.1%
LHX L3HARRIS Technologies Inc. 1.34% 13,359 $2.8M No change
BLK BlackRock Finance Inc. 1.33% 3,406 $2.8M No change
PG The Procter & Gamble Co. 1.33% 17,478 $2.8M Reduce -0.1%
GOOG Alphabet Inc. Class C 1.33% 18,565 $2.8M Reduce -10.7%
KO The Coca-Cola Co. 1.29% 44,689 $2.8M Reduce -1.8%
NEE Nextera Energy Inc. 1.29% 42,866 $2.7M Add +0.8%
DHR Danaher Corp. 1.28% 10,924 $2.7M Reduce -1.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 1.22% 21,214 $2.6M Reduce -0.3%
APD Air Products & Chemicals Inc. 1.22% 10,614 $2.6M Add +3.6%
CHKP Check Point Software Tech 1.19% 15,418 $2.5M Reduce -0.3%
PSCT Invesco S&P Smallcap Informa 1.17% 53,908 $2.5M Reduce -0.2%
RTX RTX Corp. 1.13% 24,587 $2.4M Reduce -0.1%
CVX Chevron Corp. 1.12% 15,160 $2.4M Reduce -0.2%
PSX Phillips 66 1.11% 14,532 $2.4M Reduce -0.5%
BDX Becton Dickinson and Co. 1.10% 9,494 $2.3M Add +4.7%
CSCO Cisco Systems Inc. 1.07% 45,859 $2.3M Reduce -10.5%
KMB Kimberly-Clark Corp. 1.06% 17,381 $2.3M Add +3.6%
VOO Vanguard S&P 500 ETF 1.06% 4,692 $2.3M Add +65.7%
UPS United Parcel Service Class B 1.05% 15,070 $2.2M Add +0.5%
INTC Intel Corp. 1.03% 49,640 $2.2M Reduce -2.2%
SHEL Shell PLC-ADR 0.94% 29,765 $2.0M Add +16.0%
VFH Vanguard Financials ETF 0.92% 19,083 $2.0M Reduce -0.7%
BMY Bristol-Myers Squibb Co. 0.85% 33,270 $1.8M Add +33.7%
SAP Sap SE-Sponsored ADR 0.75% 8,209 $1.6M Reduce -0.9%
V Visa Inc. Class A 0.75% 5,711 $1.6M Reduce -0.2%
KVUE Kenvue Inc. 0.70% 69,023 $1.5M Reduce -2.9%
CL Colgate-Palmolive Co. 0.69% 16,312 $1.5M Reduce -0.1%
EWG iShares MSCI Germany ETF 0.64% 42,751 $1.4M Reduce -0.1%
FNDX Schwab Fndmntl US LRG Co. ETF 0.63% 19,797 $1.3M New
COP Conocophillips 0.62% 10,366 $1.3M Reduce -0.4%
VTEB Vanguard Tax-Exempt Bond ETF 0.59% 24,945 $1.3M New
AVUV Avantis US Small Cap Value 0.46% 10,359 $971K Add +1.6%
WAFD Wafd Inc. 0.44% 32,567 $945K No change
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.41% 17,370 $881K No change
PFE Pfizer Inc. 0.39% 29,775 $826K Add +10.7%
WEC WEC Energy Group Inc. 0.39% 10,060 $826K New
SGOL Abrdn Physical Gold Shares 0.37% 37,000 $786K No change
JNJ Johnson & Johnson 0.35% 4,781 $756K Reduce -9.8%
SCHF Schwab Intl Equity ETF 0.33% 17,752 $693K Add +50.1%
SIVR Abrdn Physical Silver Shares 0.29% 26,000 $619K No change
TTE Totalenergies SE -Spon ADR 0.29% 8,824 $614K No change
XLRE SS Real Estate Select Sector 0.28% 15,195 $601K Reduce -11.2%
AXP American Express Co. 0.27% 2,539 $578K No change
XOM Exxon Mobil Corp. 0.26% 4,756 $553K No change
SCHX Schwab US Large-Cap ETF 0.25% 8,678 $539K Add +54.5%
MUB iShares National Muni Bond E 0.25% 4,950 $533K New
ADBE Adobe Inc. 0.24% 1,019 $514K Add +2.5%
AWK American Water Works Co. Inc. 0.22% 3,810 $466K No change
MDY State Street SPDR S&P Midcap 0.22% 833 $464K No change
VB Vanguard Most SM-Cap ETF-Usd 0.21% 1,952 $446K New
VT Vanguard Tot World STK ETF 0.20% 3,923 $433K Add +18.7%
PRFZ Inv Rafi US 1500 SM-Usd Inc. 0.20% 11,004 $432K New
PXF Invesco Rafi Developed Marke 0.18% 7,887 $392K New
FNDA Schwab Fndmntl US SM Co. ETF 0.18% 6,625 $378K New
SCHC Schwab Intl Small-Cap Equity 0.16% 9,671 $346K Add +0.2%
SCHM Schwab US Mid Cap ETF 0.15% 4,040 $329K No change
GOOGL Alphabet Inc. Class A 0.15% 2,100 $317K Add +11.7%
FNDF Schwab Fndmn Intl LRG Co. ETF 0.13% 7,539 $268K New
AMP Ameriprise Financial Inc. 0.12% 600 $263K No change
FICO Fair Isaac Corp. 0.12% 210 $262K Reduce -10.6%
SPY SS SPDR S&P 500 ETF Trust-US 0.12% 496 $260K No change
UNP Union Pacific Corp. 0.11% 992 $244K Reduce -4.1%
VEA Vanguard Ftse Developed ETF 0.11% 4,829 $242K New
NFLX Netflix Inc. 0.11% 389 $236K New
VUG Vanguard Mrngstar GR ETF-Sui 0.10% 622 $214K New
KNF Knife River Corp. 0.10% 2,618 $212K New
TSCO Tractor Supply Company 0.10% 790 $207K New
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.07% 13,353 $159K Add +20.4%
PLX Protalix Biotherapeutics Inc. 0.01% 10,100 $13K No change

Portfolio Sells Q4 2023 → Q1 2024
AAPL Apple Inc. Reduce -0.8% 4.24% −1.09
SBUX Starbucks Corp. Reduce -1.6% 2.26% −0.42
INTC Intel Corp. Reduce -2.2% 1.03% −0.30
CSCO Cisco Systems Inc. Reduce -10.5% 1.07% −0.28
MSFT Microsoft Corp. Reduce -2.5% 11.67% −0.22
GOOG Alphabet Inc. Class C Reduce -10.7% 1.33% −0.20
COST Costco Wholesale Corp. Reduce -0.4% 6.73% −0.19
PSCT Invesco S&P Smallcap Informa Reduce -0.2% 1.17% −0.19
PEP Pepsico Inc. Reduce -3.1% 1.40% −0.16
VLTO Veralto Corp. Sold out 0.00% −0.16
ADP Automatic Data Processing Reduce -2.1% 2.15% −0.13
SNA Snap-on Inc. Reduce -0.1% 1.50% −0.13
ABT Abbott Laboratories Reduce -0.3% 1.46% −0.12
KO The Coca-Cola Co. Reduce -1.8% 1.29% −0.11
KVUE Kenvue Inc. Reduce -2.9% 0.70% −0.10
JNJ Johnson & Johnson Reduce -9.8% 0.35% −0.08
XLRE SS Real Estate Select Sector Reduce -11.2% 0.28% −0.08
CVX Chevron Corp. Reduce -0.2% 1.12% −0.06
DHR Danaher Corp. Reduce -1.4% 1.28% −0.06
NSC Norfolk Southern Corp. Reduce -0.0% 1.61% −0.05
CHKP Check Point Software Tech Reduce -0.3% 1.19% −0.05
XLB SS Materials Select Sector Reduce -0.1% 1.45% −0.04
V Visa Inc. Class A Reduce -0.2% 0.75% −0.03
EWG iShares MSCI Germany ETF Reduce -0.1% 0.64% −0.03
FICO Fair Isaac Corp. Reduce -10.6% 0.12% −0.02
UNP Union Pacific Corp. Reduce -4.1% 0.11% −0.02
COP Conocophillips Reduce -0.4% 0.62% −0.01
VFH Vanguard Financials ETF Reduce -0.7% 0.92% −0.01
PG The Procter & Gamble Co. Reduce -0.1% 1.33% −0.01
CL Colgate-Palmolive Co. Reduce -0.1% 0.69% +0.01
RTX RTX Corp. Reduce -0.1% 1.13% +0.04
SYK Stryker Corp. Reduce -5.1% 2.36% +0.05
SAP Sap SE-Sponsored ADR Reduce -0.9% 0.75% +0.08
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.3% 2.44% +0.08
PSX Phillips 66 Reduce -0.5% 1.11% +0.10
AVGO Broadcom Inc. Reduce -0.4% 1.85% +0.11
AMZN Amazon.com Inc. Reduce -0.7% 3.41% +0.20
DIS The Walt Disney Co. Reduce -0.3% 1.22% +0.21
PCAR Paccar Inc. Reduce -0.3% 3.12% +0.29
NVO Novo-Nordisk A/S-Spons ADR Reduce -1.3% 5.62% +0.56

Portfolio Buys Q4 2023 → Q1 2024
FNDX Schwab Fndmntl US LRG Co. ETF New 0.63% +0.63
VTEB Vanguard Tax-Exempt Bond ETF New 0.59% +0.59
VOO Vanguard S&P 500 ETF Add +65.7% 1.06% +0.41
WEC WEC Energy Group Inc. New 0.39% +0.39
MUB iShares National Muni Bond E New 0.25% +0.25
VB Vanguard Most SM-Cap ETF-Usd New 0.21% +0.21
PRFZ Inv Rafi US 1500 SM-Usd Inc. New 0.20% +0.20
PXF Invesco Rafi Developed Marke New 0.18% +0.18
BMY Bristol-Myers Squibb Co. Add +33.7% 0.85% +0.18
FNDA Schwab Fndmntl US SM Co. ETF New 0.18% +0.18
FNDF Schwab Fndmn Intl LRG Co. ETF New 0.13% +0.13
VEA Vanguard Ftse Developed ETF New 0.11% +0.11
NFLX Netflix Inc. New 0.11% +0.11
VUG Vanguard Mrngstar GR ETF-Sui New 0.10% +0.10
KNF Knife River Corp. New 0.10% +0.10
TSCO Tractor Supply Company New 0.10% +0.10
SCHF Schwab Intl Equity ETF Add +50.1% 0.33% +0.10
SCHX Schwab US Large-Cap ETF Add +54.5% 0.25% +0.09
SHEL Shell PLC-ADR Add +16.0% 0.94% +0.06
NU Nu Holdings Ltd./Cayman Isl-A Add +20.4% 0.07% +0.03
VT Vanguard Tot World STK ETF Add +18.7% 0.20% +0.03
GOOGL Alphabet Inc. Class A Add +11.7% 0.15% +0.01
KMB Kimberly-Clark Corp. Add +3.6% 1.06% −0.01
SCHC Schwab Intl Small-Cap Equity Add +0.2% 0.16% −0.01
PFE Pfizer Inc. Add +10.7% 0.39% −0.02
AVUV Avantis US Small Cap Value Add +1.6% 0.46% −0.02
BDX Becton Dickinson and Co. Add +4.7% 1.10% −0.05
NEE Nextera Energy Inc. Add +0.8% 1.29% −0.06
ADBE Adobe Inc. Add +2.5% 0.24% −0.07
UPS United Parcel Service Class B Add +0.5% 1.05% −0.18
IBB iShares Biotechnology ETF Add +0.4% 2.61% −0.25
APD Air Products & Chemicals Inc. Add +3.6% 1.22% −0.26
UNH Unitedhealth Group Inc. Add +0.3% 1.78% −0.32

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 108$193.6MMSFT, VUSB, JPST, COST, VBIL
Q1 2026 101$184.2MMSFT, VUSB, COST, VBIL, JPST
Q4 2025 99$188.6MMSFT, COST, AAPL, JPST, VUSB
Q3 2025 106$230.0MMSFT, COST, AAPL, JPST, AVGO
Q2 2025 95$231.2MMSFT, COST, AAPL, AMZN, AVGO
Q1 2025 96$221.1MMSFT, COST, AAPL, AMZN, BRK.B
Q4 2024 98$228.0MMSFT, COST, AAPL, AMZN, NVO
Q3 2024 91$225.7MMSFT, COST, AAPL, NVO, AMZN
Q2 2024 87$216.5MMSFT, COST, NVO, AAPL, AMZN
Q1 2024 88$213.1MMSFT, COST, NVO, AAPL, AMZN