Harbour Investment Management LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed October 29, 2024), Harbour Investment Management LLC reported 91 stock positions worth $225.7 million. Its top holding was Microsoft (MSFT) at 11.1% of the portfolio, followed by Costco Wholesale (COST, 7.7%) and Apple (AAPL, 5.3%). Compared with Q2 2024, it opened 4 new positions, added to 15 and reduced 32. The biggest buy was a new position in Nvidia (NVDA) and the biggest sale Novo-Nordisk A/S-Spons ADR (NVO, shares −5%).

Most Recent 13F
Q2 2026
Location
EDMONDS, WA
CIK
0001275880
Portfolio Value
$225.7M (Q3 2024)
SEC Filing
0001275880-24-000008 ↗ filed Oct 29, 2024

Holdings Value

0$50.0M$100.0M$150.0M$200.0M$250.0M Q1 2024: $213.1M Q1 2024 Q2 2024: $216.5M Q2 2024 Q3 2024: $225.7M $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 91 stocks · $225.7M
MSFT Microsoft Corp. 11.14% 58,453 $25.2M Reduce -1.1%
COST Costco Wholesale Corp. 7.71% 19,634 $17.4M No change
AAPL Apple Inc. 5.33% 51,603 $12.0M Reduce -1.0%
NVO Novo-Nordisk A/S-Spons ADR 4.46% 84,551 $10.1M Reduce -4.8%
AMZN Amazon.com Inc. 3.34% 40,510 $7.5M Add +0.3%
IBB iShares Biotechnology ETF 2.72% 42,104 $6.1M Reduce -0.6%
BRK.B Berkshire Hathaway Inc. Class B 2.50% 12,277 $5.7M Reduce -0.3%
PCAR Paccar Inc. 2.37% 54,202 $5.3M Add +1.3%
SYK Stryker Corp. 2.26% 14,090 $5.1M Reduce -0.3%
AVGO Broadcom Inc. 2.20% 28,840 $5.0M Reduce -2.9%
ADP Automatic Data Processing 2.10% 17,022 $4.7M Reduce -6.8%
SBUX Starbucks Corp. 2.08% 48,165 $4.7M Reduce -7.7%
WM Waste Management Inc. 2.05% 22,245 $4.6M Add +0.7%
UNH Unitedhealth Group Inc. 1.97% 7,616 $4.5M Reduce -0.3%
NEE Nextera Energy Inc. 1.61% 43,016 $3.6M No change
NSC Norfolk Southern Corp. 1.48% 13,486 $3.4M Reduce -0.7%
BLK BlackRock Finance Inc. 1.44% 3,427 $3.3M Reduce -0.3%
KO The Coca-Cola Co. 1.44% 44,940 $3.3M No change
XLB SS Materials Select Sector 1.43% 33,478 $3.2M Reduce -1.9%
LHX L3HARRIS Technologies Inc. 1.42% 13,434 $3.2M No change
SNA Snap-on Inc. 1.40% 10,928 $3.2M Reduce -0.5%
ABT Abbott Laboratories 1.40% 27,673 $3.2M Add +0.8%
APD Air Products & Chemicals Inc. 1.39% 10,514 $3.1M Reduce -1.9%
GOOG Alphabet Inc. Class C 1.39% 18,705 $3.1M Add +0.3%
RTX RTX Corp. 1.37% 25,535 $3.1M No change
DHR Danaher Corp. 1.35% 10,969 $3.1M No change
PG The Procter & Gamble Co. 1.33% 17,324 $3.0M No change
CHKP Check Point Software Tech 1.31% 15,333 $3.0M Reduce -0.9%
PEP Pepsico Inc. 1.27% 16,830 $2.9M Reduce -1.5%
CVX Chevron Corp. 1.19% 18,239 $2.7M Add +17.8%
PSCT Invesco S&P Smallcap Informa 1.15% 54,312 $2.6M Reduce -0.2%
KMB Kimberly-Clark Corp. 1.10% 17,356 $2.5M Reduce -0.6%
VOO Vanguard S&P 500 ETF 1.10% 4,692 $2.5M No change
BDX Becton Dickinson and Co. 0.99% 9,274 $2.2M Reduce -0.5%
VFH Vanguard Financials ETF 0.92% 18,783 $2.1M Reduce -1.6%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.92% 21,563 $2.1M Add +1.0%
UPS United Parcel Service Class B 0.92% 15,160 $2.1M Add +0.5%
SHEL Shell PLC-ADR 0.90% 30,715 $2.0M Add +0.7%
BMY Bristol-Myers Squibb Co. 0.86% 37,440 $1.9M Add +9.5%
PSX Phillips 66 0.85% 14,592 $1.9M Add +1.9%
SAP Sap SE-Sponsored ADR 0.83% 8,159 $1.9M No change
V Visa Inc. Class A 0.77% 6,360 $1.7M Reduce -1.2%
CL Colgate-Palmolive Co. 0.76% 16,517 $1.7M Reduce -0.3%
JMST JPM Ultra-Short Muni Income filed as J P MORGAN EXCHANGE TRADED F 0.73% 32,470 $1.7M Add +86.9%
CSCO Cisco Systems Inc. 0.71% 30,280 $1.6M Reduce -28.4%
KVUE Kenvue Inc. 0.71% 69,403 $1.6M Reduce -0.4%
FNDX Schwab Fndmntl US LRG Co. ETF 0.63% 19,797 $1.4M No change
VTEB Vanguard Tax-Exempt Bond ETF 0.56% 24,945 $1.3M No change
AVUV Avantis US Small Cap Value 0.56% 13,269 $1.3M No change
COP Conocophillips 0.54% 11,571 $1.2M Add +9.9%
EWG iShares MSCI Germany ETF 0.52% 34,872 $1.2M Reduce -0.8%
WEC WEC Energy Group Inc. 0.50% 11,745 $1.1M No change
PFE Pfizer Inc. 0.45% 34,950 $1.0M Add +1.9%
SGOL Abrdn Physical Gold Shares 0.41% 37,000 $930K No change
INTC Intel Corp. 0.39% 37,990 $891K Reduce -30.7%
NVDA Nvidia Corp. 0.35% 6,478 $787K New
SIVR Abrdn Physical Silver Shares 0.34% 26,000 $774K No change
JNJ Johnson & Johnson 0.33% 4,548 $737K Reduce -1.7%
SCHF Schwab Intl Equity ETF 0.32% 17,777 $731K No change
AXP American Express Co. 0.30% 2,539 $689K No change
XLRE SS Real Estate Select Sector 0.27% 13,405 $599K Reduce -9.3%
SCHX Schwab US Large-Cap ETF 0.26% 8,678 $589K No change
TTE Totalenergies SE -Spon ADR 0.25% 8,624 $565K No change
XOM Exxon Mobil Corp. 0.25% 4,756 $557K No change
MUB iShares National Muni Bond E 0.24% 4,950 $538K No change
ADBE Adobe Inc. 0.23% 1,019 $528K No change
AWK American Water Works Co. Inc. 0.21% 3,260 $477K Reduce -1.5%
MDY State Street SPDR S&P Midcap 0.21% 833 $476K No change
JPST JPMorgan Ultra-Short Income 0.21% 9,200 $467K New
VT Vanguard Tot World STK ETF 0.21% 3,897 $466K Reduce -0.7%
VB Vanguard Most SM-Cap ETF-Usd 0.21% 1,952 $464K No change
PRFZ Inv Rafi US 1500 SM-Usd Inc. 0.20% 11,004 $457K No change
PXF Invesco Rafi Developed Marke 0.18% 7,887 $411K No change
FICO Fair Isaac Corp. 0.18% 210 $408K No change
FNDA Schwab Fndmntl US SM Co. ETF 0.17% 6,625 $395K No change
SCHC Schwab Intl Small-Cap Equity 0.17% 9,701 $374K No change
EPI Wisdomtree India Earnings 0.16% 7,337 $370K Add +2.1%
SCHM Schwab US Mid Cap ETF 0.15% 4,055 $337K No change
GOOGL Alphabet Inc. Class A 0.15% 2,025 $336K Reduce -2.4%
AMP Ameriprise Financial Inc. 0.12% 600 $282K No change
FNDF Schwab Fndmn Intl LRG Co. ETF 0.12% 7,539 $282K No change
NFLX Netflix Inc. 0.12% 385 $273K No change
KNF Knife River Corp. 0.12% 3,037 $271K No change
VEA Vanguard Ftse Developed ETF 0.11% 4,829 $255K No change
UNP Union Pacific Corp. 0.11% 1,034 $255K No change
CARR Carrier Global Corp. 0.11% 3,040 $245K New
VUG Vanguard Mrngstar GR ETF-Sui 0.11% 622 $239K No change
TSCO Tractor Supply Company 0.10% 790 $230K No change
TMO Thermo Fisher Scientific Inc. 0.09% 329 $204K New
NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD 0.08% 12,458 $170K No change
PLX Protalix Biotherapeutics Inc. 0.00% 10,100 $10K No change

Portfolio Sells Q2 2024 → Q3 2024
NVO Novo-Nordisk A/S-Spons ADR Reduce -4.8% 4.46% −1.39
MSFT Microsoft Corp. Reduce -1.1% 11.14% −1.06
INTC Intel Corp. Reduce -30.7% 0.39% −0.39
CSCO Cisco Systems Inc. Reduce -28.4% 0.71% −0.21
PEP Pepsico Inc. Reduce -1.5% 1.27% −0.03
GOOGL Alphabet Inc. Class A Reduce -2.4% 0.15% −0.03
PSCT Invesco S&P Smallcap Informa Reduce -0.2% 1.15% −0.02
BDX Becton Dickinson and Co. Reduce -0.5% 0.99% −0.02
KMB Kimberly-Clark Corp. Reduce -0.6% 1.10% −0.01
V Visa Inc. Class A Reduce -1.2% 0.77% −0.01
AVGO Broadcom Inc. Reduce -2.9% 2.20% +0.00
VT Vanguard Tot World STK ETF Reduce -0.7% 0.21% +0.00
XLRE SS Real Estate Select Sector Reduce -9.3% 0.27% +0.00
AWK American Water Works Co. Inc. Reduce -1.5% 0.21% +0.01
JNJ Johnson & Johnson Reduce -1.7% 0.33% +0.01
CL Colgate-Palmolive Co. Reduce -0.3% 0.76% +0.02
EWG iShares MSCI Germany ETF Reduce -0.8% 0.52% +0.03
IBB iShares Biotechnology ETF Reduce -0.6% 2.72% +0.03
SYK Stryker Corp. Reduce -0.3% 2.26% +0.03
VFH Vanguard Financials ETF Reduce -1.6% 0.92% +0.03
XLB SS Materials Select Sector Reduce -1.9% 1.43% +0.04
ADP Automatic Data Processing Reduce -6.8% 2.10% +0.07
SNA Snap-on Inc. Reduce -0.5% 1.40% +0.08
APD Air Products & Chemicals Inc. Reduce -1.9% 1.39% +0.11
KVUE Kenvue Inc. Reduce -0.4% 0.71% +0.13
CHKP Check Point Software Tech Reduce -0.9% 1.31% +0.13
NSC Norfolk Southern Corp. Reduce -0.7% 1.48% +0.14
UNH Unitedhealth Group Inc. Reduce -0.3% 1.97% +0.17
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.3% 2.50% +0.19
BLK BlackRock Finance Inc. Reduce -0.3% 1.44% +0.19
SBUX Starbucks Corp. Reduce -7.7% 2.08% +0.20
AAPL Apple Inc. Reduce -1.0% 5.33% +0.26

Portfolio Buys Q2 2024 → Q3 2024
NVDA Nvidia Corp. New 0.35% +0.35
JMST JPM Ultra-Short Muni Income Add +86.9% 0.73% +0.33
JPST JPMorgan Ultra-Short Income New 0.21% +0.21
BMY Bristol-Myers Squibb Co. Add +9.5% 0.86% +0.20
CARR Carrier Global Corp. New 0.11% +0.11
TMO Thermo Fisher Scientific Inc. New 0.09% +0.09
ABT Abbott Laboratories Add +0.8% 1.40% +0.08
CVX Chevron Corp. Add +17.8% 1.19% +0.07
PFE Pfizer Inc. Add +1.9% 0.45% +0.00
EPI Wisdomtree India Earnings Add +2.1% 0.16% +0.00
COP Conocophillips Add +9.9% 0.54% −0.02
UPS United Parcel Service Class B Add +0.5% 0.92% −0.04
DIS The Walt Disney Co. Add +1.0% 0.92% −0.06
PSX Phillips 66 Add +1.9% 0.85% −0.08
SHEL Shell PLC-ADR Add +0.7% 0.90% −0.12
WM Waste Management Inc. Add +0.7% 2.05% −0.13
PCAR Paccar Inc. Add +1.3% 2.37% −0.18
GOOG Alphabet Inc. Class C Add +0.3% 1.39% −0.19
AMZN Amazon.com Inc. Add +0.3% 3.34% −0.26

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