Natural Investments, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 10, 2025), Natural Investments, LLC reported 238 stock positions worth $402.5 million. Its top holding was Microsoft (MSFT) at 6.4% of the portfolio, followed by Apple (AAPL, 5.8%) and Nvidia (NVDA, 5.6%). Compared with Q2 2025, it opened 41 new positions, sold out of 58, added to 86 and reduced 93. The biggest buy was iShares S&P 100 ETF (OEF, shares +9136%) and the biggest sale an exit from Axs Green Alpha ETF (NXTE).
- Most Recent 13F
- Q2 2026
- Location
- WINDSOR, CA
- CIK
- 0001800245
- Portfolio Value
- $402.5M (Q3 2025)
- SEC Filing
- 0001800245-25-000002 ↗ filed Oct 10, 2025
Holdings Value
Holdings 238 stocks · $402.5M
| MSFT Microsoft Corp. | 6.42% | 49,914 | $25.9M | Reduce -0.9% |
| AAPL Apple Inc. | 5.85% | 92,408 | $23.5M | Reduce -0.3% |
| NVDA Nvidia Corp. | 5.56% | 119,998 | $22.4M | Reduce -0.0% |
| OEF iShares S&P 100 ETF | 4.02% | 168,641 | $16.2M | Add +9135.5% |
| GOOG Alphabet Inc. Class C | 2.76% | 45,629 | $11.1M | Add +351.4% |
| FMKT The Free Markets ETF | 2.66% | 526,223 | $10.7M | New |
| ABBV Abbvie Inc. | 2.23% | 38,853 | $9.0M | Reduce -0.0% |
| FPAS Fpa Short Duration Govt ETF | 2.21% | 231,101 | $8.9M | New |
| BGDV Bahl & Gaynor Dividend ETF | 2.07% | 140,374 | $8.3M | New |
| QVAL Alpha Arch US QNT Value ETF | 1.92% | 283,777 | $7.7M | New |
| HASI Ha Sustainable Infrastructur | 1.76% | 231,200 | $7.1M | Reduce -0.1% |
| HD Home Depot Inc. | 1.76% | 17,467 | $7.1M | Reduce -0.7% |
| SWP SWP Growth & Income ETF filed as MANAGER DIRECTED PORTFOLIOS | 1.72% | 648,776 | $6.9M | New |
| TSM Taiwan Semiconductor-SP ADR | 1.67% | 24,139 | $6.7M | Reduce -9.4% |
| MA Mastercard Inc. Class A | 1.48% | 10,462 | $6.0M | Reduce -1.8% |
| ABT Abbott Laboratories | 1.27% | 38,116 | $5.1M | Add +0.0% |
| JPM JPMorgan Chase & Co. | 1.20% | 15,326 | $4.8M | Reduce -0.2% |
| AMZN Amazon.com Inc. | 1.13% | 20,789 | $4.6M | Add +1.5% |
| ASML ASML Holding NV-NY Reg SHS | 1.10% | 4,572 | $4.4M | Add +10.5% |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | 1.05% | 20,784 | $4.2M | New |
| LLY Eli Lilly & Co. | 1.02% | 5,375 | $4.1M | Reduce -2.9% |
| LIN Linde PLC | 0.92% | 7,818 | $3.7M | Add +0.1% |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | 0.91% | 24,718 | $3.7M | New |
| NOW ServiceNow Inc. | 0.87% | 3,809 | $3.5M | Add +0.3% |
| AZN Astrazeneca PLC-Spons ADR | 0.85% | 44,472 | $3.4M | Add +0.5% |
| AMT American Tower Corp. | 0.83% | 17,360 | $3.3M | Add +16.5% |
| ECL Ecolab Inc. | 0.80% | 11,768 | $3.2M | Add +0.2% |
| ETN Eaton Corp. PLC | 0.79% | 8,529 | $3.2M | Add +0.3% |
| BEPC Brookfield Renewable Corp. | 0.78% | 90,664 | $3.1M | Reduce -1.6% |
| TT Trane Technologies PLC | 0.76% | 7,214 | $3.0M | Add +0.5% |
| COST Costco Wholesale Corp. | 0.73% | 3,180 | $2.9M | Reduce -0.1% |
| TRV The Travelers Cos Inc. | 0.71% | 10,270 | $2.9M | Reduce -0.7% |
| AXP American Express Co. | 0.69% | 8,320 | $2.8M | Add +0.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.67% | 2,378 | $2.7M | Add +118800.0% |
| ICE Intercontinental Exchange Inc. | 0.66% | 15,725 | $2.6M | Add +0.4% |
| MELI MercadoLibre Inc. | 0.65% | 1,119 | $2.6M | Add +0.5% |
| PG The Procter & Gamble Co. | 0.64% | 16,881 | $2.6M | Reduce -0.3% |
| NUAG Nuveen Enh YLD US Aggr BND | 0.62% | 78,424 | $2.5M | New |
| WOMN Impact Shares Women's Empowe | 0.62% | 143,324 | $2.5M | New |
| IBUY Amplify Online Retail ETF | 0.60% | 37,690 | $2.4M | New |
| UL Unilever PLC | 0.58% | 39,709 | $2.4M | Add +0.7% |
| SONY Sony Group Corp. - SP ADR | 0.57% | 79,442 | $2.3M | Reduce -0.1% |
| ADSK Autodesk Inc. | 0.56% | 7,055 | $2.2M | Add +1.3% |
| PNC PNC Financial Services Group | 0.55% | 11,024 | $2.2M | Reduce -6.1% |
| UPS United Parcel Service Class B | 0.54% | 25,885 | $2.2M | Reduce -0.5% |
| V Visa Inc. Class A | 0.54% | 6,324 | $2.2M | Add +0.3% |
| VRSK Verisk Analytics Inc. | 0.53% | 8,467 | $2.1M | Add +0.1% |
| XYL Xylem Inc. | 0.53% | 14,364 | $2.1M | Reduce -0.8% |
| BFAM Bright Horizons Family Solut | 0.52% | 19,322 | $2.1M | Add +0.1% |
| SAP Sap SE-Sponsored ADR | 0.50% | 7,606 | $2.0M | Add +0.1% |
| NFLX Netflix Inc. | 0.50% | 1,668 | $2.0M | Add +0.5% |
| AWK American Water Works Co. Inc. | 0.49% | 14,233 | $2.0M | Reduce -1.8% |
| CVIE Cal Intl Responsible Index | 0.48% | 29,174 | $1.9M | New |
| ALC Alcon Inc. filed as ALCON AG | 0.46% | 25,104 | $1.9M | Add +0.5% |
| PLD Prologis Inc. | 0.46% | 16,273 | $1.9M | Reduce -0.9% |
| MKC.V McCormick & Co. Inc. VTG Com | 0.46% | 27,821 | $1.9M | New |
| PEP Pepsico Inc. | 0.46% | 13,196 | $1.9M | Reduce -2.9% |
| UNP Union Pacific Corp. | 0.45% | 7,702 | $1.8M | Reduce -6.6% |
| FSLR First Solar Inc. | 0.44% | 7,999 | $1.8M | Reduce -18.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.44% | 2,646 | $1.8M | Add +0.1% |
| FTSD Franklin Short Duration U.S. | 0.39% | 17,387 | $1.6M | Add +4.1% |
| EWBC East West Bancorp Inc. | 0.39% | 14,836 | $1.6M | Add +0.3% |
| GDX Vaneck Gold Miners ETF | 0.39% | 63,705 | $1.6M | New |
| WAB Wabtec Corp. | 0.38% | 7,558 | $1.5M | Reduce -16.7% |
| ACN Accenture PLC Class A | 0.37% | 6,027 | $1.5M | Add +0.0% |
| SHG Shinhan Financial Group-ADR | 0.36% | 28,658 | $1.4M | Reduce -0.4% |
| NORW Global X MSCI Norway ETF | 0.34% | 36,734 | $1.4M | New |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | 0.34% | 14,115 | $1.4M | New |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.34% | 4,805 | $1.4M | Reduce -0.9% |
| JNJ Johnson & Johnson | 0.34% | 7,294 | $1.4M | Reduce -0.7% |
| HDB HDFC Bank Ltd.-ADR | 0.33% | 38,938 | $1.3M | Reduce -0.5% |
| MMM 3M Co. | 0.33% | 8,518 | $1.3M | Add +0.1% |
| CMG Chipotle Mexican Grill Inc. | 0.32% | 32,923 | $1.3M | Reduce -0.1% |
| TEL Te Connectivity PLC | 0.31% | 5,688 | $1.2M | Reduce -0.3% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.31% | 16,750 | $1.2M | Add +0.9% |
| NVT Nvent Electric PLC | 0.30% | 12,113 | $1.2M | Reduce -0.4% |
| MRK Merck & Co. Inc. | 0.29% | 13,703 | $1.1M | Reduce -0.4% |
| ISRG Intuitive Surgical Inc. | 0.28% | 2,514 | $1.1M | Add +1.3% |
| CP Canadian Pacific Kansas City | 0.27% | 14,712 | $1.1M | Add +0.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.27% | 19,392 | $1.1M | Reduce -0.3% |
| URI United Rentals Inc. | 0.27% | 1,120 | $1.1M | Add +35.6% |
| AMGN Amgen Inc. | 0.27% | 3,784 | $1.1M | Add +0.8% |
| WCN Waste Connections Inc. | 0.26% | 6,018 | $1.1M | Add +26.4% |
| CSCO Cisco Systems Inc. | 0.26% | 15,162 | $1.0M | Add +0.2% |
| ADP Automatic Data Processing | 0.26% | 3,525 | $1.0M | Reduce -7.6% |
| VCEB Vanguard ESG US Corp. Bond | 0.25% | 7,726 | $1.0M | New |
| SYK Stryker Corp. | 0.25% | 2,711 | $1.0M | Add +0.1% |
| EHC Encompass Health Corp. | 0.25% | 7,808 | $991K | Add +1.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 6,781 | $980K | Reduce -1.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.24% | 18,570 | $958K | Add +0.1% |
| BEP Brookfield Renewable Partner | 0.24% | 36,887 | $951K | Reduce -2.1% |
| AVGO Broadcom Inc. | 0.24% | 2,883 | $950K | Add +0.5% |
| APH Amphenol Corp. Class A | 0.23% | 7,488 | $926K | Add +0.1% |
| BBN BlackRock Taxable Muni BND | 0.22% | 52,520 | $871K | Add +14.1% |
| HLN Haleon PLC-ADR | 0.22% | 96,973 | $869K | Add +0.8% |
| CB Chubb Ltd. | 0.22% | 3,082 | $869K | Reduce -0.3% |
| GOVI Invesco Equal Weight 0-30 YR | 0.22% | 19,912 | $868K | New |
| UNH Unitedhealth Group Inc. | 0.21% | 2,497 | $862K | Reduce -0.7% |
| BAP Credicorp Ltd. | 0.21% | 3,239 | $862K | No change |
| LVHD Franklin U.S. Low Volatility | 0.21% | 10,222 | $852K | New |
Portfolio Sells Q2 2025 → Q3 2025
| NXTE Axs Green Alpha ETF | Sold out | 0.00% | −4.19 |
| DSI iShares ESG MSCI KLD 400 ETF | Sold out | 0.00% | −2.99 |
| JSTC Adasina Social Justice GLB | Sold out | 0.00% | −2.64 |
| CHGX Stance Sustainable Beta ETF | Sold out | 0.00% | −1.96 |
| VEGN US Vegan Climate ETF | Sold out | 0.00% | −1.90 |
| GOOGL Alphabet Inc. Class A | Sold out | 0.00% | −1.65 |
| PANW Palo Alto Networks Inc. | Sold out | 0.00% | −1.10 |
| SHOP Shopify Inc. Class A | Sold out | 0.00% | −0.78 |
| VGSR Vert GLB Sust Re ETF | Sold out | 0.00% | −0.61 |
| ETHO Amplify Etho Climate Leaders | Sold out | 0.00% | −0.58 |
| MKC McCormick & Co.-Non VTG SHRS | Sold out | 0.00% | −0.54 |
| OWNS CCM Affordable Hous MBS ETF | Sold out | 0.00% | −0.50 |
| GRNB Vaneck Green Bond ETF | Sold out | 0.00% | −0.39 |
| ORA Ormat Technologies Inc. | Sold out | 0.00% | −0.39 |
| TMO Thermo Fisher Scientific Inc. | Reduce -77.5% | 0.13% | −0.37 |
| FERG Ferguson Enterprises Inc. | Sold out | 0.00% | −0.31 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.30 |
| TBLU Managed Portfolio Series | Sold out | 0.00% | −0.26 |
| RNRG Global X Renewable Ener Prod | Sold out | 0.00% | −0.25 |
| GPN Global Payments Inc. | Sold out | 0.00% | −0.21 |
| LRGE Clearbridge Large Cap Growth | Sold out | 0.00% | −0.21 |
| TAN Invesco Solar ETF | Sold out | 0.00% | −0.20 |
| MBB iShares MBS ETF | Sold out | 0.00% | −0.18 |
| NUDM Nuveen ESG Intl Devel MRK Eq | Sold out | 0.00% | −0.16 |
| CMG Chipotle Mexican Grill Inc. | Reduce -0.1% | 0.32% | −0.16 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −0.15 |
| UPS United Parcel Service Class B | Reduce -0.5% | 0.54% | −0.14 |
| FLOT iShares Floating Rate Bond E | Sold out | 0.00% | −0.14 |
| ICLN iShares Global Clean Energy | Sold out | 0.00% | −0.13 |
| CVSB Calvert Ult-SHRT Inv GRD ETF | Sold out | 0.00% | −0.12 |
| BABA Alibaba Group Holding-SP ADR | Sold out | 0.00% | −0.12 |
| TD Toronto-Dominion Bank | Reduce -57.9% | 0.09% | −0.12 |
| NUBD Nuveen ESG US Aggregate Bond | Sold out | 0.00% | −0.12 |
| WAB Wabtec Corp. | Reduce -16.7% | 0.38% | −0.11 |
| VGIT Vanguard Intermediate-Term T | Sold out | 0.00% | −0.11 |
| CDEI Calvert US L-C Dei Index ETF | Sold out | 0.00% | −0.11 |
| HYXF iShares ESG Adv High Yield | Sold out | 0.00% | −0.11 |
| SUSA iShares ESG Optimized MSCI U | Sold out | 0.00% | −0.10 |
| NUDV Nuveen ESG Dividend ETF | Sold out | 0.00% | −0.10 |
| LLY Eli Lilly & Co. | Reduce -2.9% | 1.02% | −0.10 |
| MGK Vngrd Mrgstr MG CP GR ETF-Ui | Sold out | 0.00% | −0.10 |
| CVMC Calvert US Mcap Core Resp | Sold out | 0.00% | −0.10 |
| IWM iShares Russell 2000 ETF | Sold out | 0.00% | −0.09 |
| CVLC Calvert US L-C CR Resp Index | Sold out | 0.00% | −0.09 |
| FIW First Trust Water ETF | Sold out | 0.00% | −0.09 |
| EMNT PIMCO Enhcd St M-Active ESG | Sold out | 0.00% | −0.09 |
| ERTH Invesco MSCI Sustainable Fut | Sold out | 0.00% | −0.09 |
| SSGA ACTIVE TR | Sold out | 0.00% | −0.09 |
| NUSC Nuveen ESG Small-Cap ETF | Sold out | 0.00% | −0.09 |
| VTI VG Morningstar TS MKT ETF-US | Sold out | 0.00% | −0.08 |
Portfolio Buys Q2 2025 → Q3 2025
| OEF iShares S&P 100 ETF | Add +9135.5% | 4.02% | +3.87 |
| FMKT The Free Markets ETF | New | 2.66% | +2.66 |
| GOOG Alphabet Inc. Class C | Add +351.4% | 2.76% | +2.29 |
| FPAS Fpa Short Duration Govt ETF | New | 2.21% | +2.21 |
| BGDV Bahl & Gaynor Dividend ETF | New | 2.07% | +2.07 |
| QVAL Alpha Arch US QNT Value ETF | New | 1.92% | +1.92 |
| SWP SWP Growth & Income ETF | New | 1.72% | +1.72 |
| PALO ALTO NETWORKS (PANW 0.375 06/01/25) | New | 1.05% | +1.05 |
| SHOPIFY INC (SHOPCN 0.125 11/01/25) | New | 0.91% | +0.91 |
| NUAG Nuveen Enh YLD US Aggr BND | New | 0.62% | +0.62 |
| WOMN Impact Shares Women's Empowe | New | 0.62% | +0.62 |
| IBUY Amplify Online Retail ETF | New | 0.60% | +0.60 |
| CVIE Cal Intl Responsible Index | New | 0.48% | +0.48 |
| MKC.V McCormick & Co. Inc. VTG Com | New | 0.46% | +0.46 |
| GDX Vaneck Gold Miners ETF | New | 0.39% | +0.39 |
| NORW Global X MSCI Norway ETF | New | 0.34% | +0.34 |
| ORMAT TECHNOLOGIES INC (ORA 2.5 07/15/27) | New | 0.34% | +0.34 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +118800.0% | 0.67% | +0.29 |
| VCEB Vanguard ESG US Corp. Bond | New | 0.25% | +0.25 |
| ASML ASML Holding NV-NY Reg SHS | Add +10.5% | 1.10% | +0.24 |
| GOVI Invesco Equal Weight 0-30 YR | New | 0.22% | +0.22 |
| LVHD Franklin U.S. Low Volatility | New | 0.21% | +0.21 |
| FDL First Trust Morn DVD Lead Inc. | New | 0.21% | +0.21 |
| GLOBAL PAYMENTS INC (GPN 1.5 03/01/31) | New | 0.20% | +0.20 |
| KHPI Kensington Hedged PRM in ETF | New | 0.20% | +0.20 |
| PPA Invesco Aerospace & Defense | New | 0.16% | +0.16 |
| SFM Sprouts Farmers Market Inc. | New | 0.15% | +0.15 |
| BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) | New | 0.14% | +0.14 |
| PRXG Praxis Impact Large Cap ETF | New | 0.12% | +0.12 |
| VGSH Vanguard Short-Term Treasury | New | 0.11% | +0.11 |
| URI United Rentals Inc. | Add +35.6% | 0.27% | +0.10 |
| STOT SS DL St Dur TR Tact ETF | New | 0.09% | +0.09 |
| STPZ PIMCO 1-5 Year US Tips Index | New | 0.09% | +0.09 |
| DFAU Dimensional US Core Equity M | New | 0.08% | +0.08 |
| FXD First Trust Consumer Discret | New | 0.08% | +0.08 |
| MRSH Marsh & McLennan Cos | New | 0.07% | +0.07 |
| NXT Nextpower Inc. | Add +0.9% | 0.31% | +0.07 |
| EBAY eBay Inc. | New | 0.07% | +0.07 |
| TSLA Tesla Inc. | New | 0.06% | +0.06 |
| SNPS Synopsys Inc. | New | 0.06% | +0.06 |
| ROST Ross Stores Inc. | New | 0.05% | +0.05 |
| XNTK SS SPDR Nyse Tech ETF | New | 0.05% | +0.05 |
| VOO Vanguard S&P 500 ETF | New | 0.05% | +0.05 |
| JCI Johnson Controls Internation | New | 0.05% | +0.05 |
| STX Seagate Technology Holdings | New | 0.05% | +0.05 |
| AZN Astrazeneca PLC-Spons ADR | Add +0.5% | 0.85% | +0.05 |
| FORD MOTOR COMPANY (F 0 03/15/26) | New | 0.05% | +0.05 |
| APH Amphenol Corp. Class A | Add +0.1% | 0.23% | +0.04 |
| WCN Waste Connections Inc. | Add +26.4% | 0.26% | +0.03 |
| AVGO Broadcom Inc. | Add +0.5% | 0.24% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 301 | $455.2M | AAPL, NVDA, MSFT, VEGN, GOOGL |
| Q1 2026 | 288 | $405.4M | AAPL, NVDA, MSFT, DSI, JSTC |
| Q4 2025 | 280 | $401.8M | AAPL, MSFT, NVDA, DSI, GOOGL |
| Q3 2025 | 238 | $402.5M | MSFT, AAPL, NVDA, OEF, GOOG |
| Q2 2025 | 255 | $386.6M | MSFT, AAPL, NVDA, NXTE, DSI |
| Q1 2025 | 246 | $352.7M | AAPL, MSFT, NXTE, NVDA, DSI |
| Q4 2024 | 246 | $361.3M | AAPL, MSFT, NXTE, NVDA, DSI |