Saturna Capital Corp.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Saturna Capital Corp. reported 170 stock positions worth $7.2 billion. Its top holding was Eli Lilly (LLY) at 7.4% of the portfolio, followed by Microsoft (MSFT, 6.4%) and Apple (AAPL, 5.2%). Compared with Q4 2023, it opened 6 new positions, sold out of 7, added to 66 and reduced 46. The biggest buy was Nvidia (NVDA, shares +279%) and the biggest sale Motorola Solutions (MSI, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- BELLINGHAM, WA
- CIK
- 0001316617
- Portfolio Value
- $7.2B (Q1 2024)
- SEC Filing
- 0001316617-24-000009 ↗ filed May 13, 2024
Holdings Value
Holdings 170 stocks · $7.2B
| LLY Eli Lilly & Co. | 7.44% | 692,609 | $538.8M | Reduce -2.6% |
| MSFT Microsoft Corp. | 6.44% | 1,109,809 | $466.9M | Add +5.8% |
| AAPL Apple Inc. | 5.20% | 2,195,775 | $376.5M | Reduce -0.5% |
| ASML ASML Holding NV-NY Reg SHS | 4.27% | 318,848 | $309.4M | Add +0.0% |
| TSM Taiwan Semiconductor-SP ADR | 3.99% | 2,126,439 | $289.3M | Add +0.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 3.79% | 2,139,691 | $274.7M | Add +0.6% |
| AMD Advanced Micro Devices | 3.03% | 1,216,077 | $219.5M | Add +0.5% |
| GOOGL Alphabet Inc. Class A | 2.97% | 1,427,154 | $215.4M | Add +0.3% |
| INTU Intuit Inc. | 2.68% | 298,209 | $193.8M | Reduce 0.0% |
| AVGO Broadcom Inc. | 2.53% | 138,247 | $183.2M | Add +32.0% |
| ADBE Adobe Inc. | 2.37% | 340,732 | $171.9M | Add +0.0% |
| NVDA Nvidia Corp. | 2.04% | 163,332 | $147.6M | Add +279.4% |
| JCI Johnson Controls Internation | 2.00% | 2,213,274 | $144.6M | Add +0.1% |
| NOW ServiceNow Inc. | 1.98% | 188,218 | $143.5M | Add +22.9% |
| KEYS Keysight Technologies Inc. | 1.86% | 860,000 | $134.5M | Add +72.0% |
| A Agilent Technologies Inc. | 1.83% | 910,694 | $132.5M | Reduce -0.0% |
| AMGN Amgen Inc. | 1.82% | 463,967 | $131.9M | No change |
| AZO AutoZone Inc. | 1.77% | 40,616 | $128.0M | Add +0.7% |
| CSCO Cisco Systems Inc. | 1.77% | 2,563,000 | $127.9M | Add +1.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.73% | 1,233,280 | $125.1M | Add +0.0% |
| CHD Church & Dwight Co. Inc. | 1.72% | 1,193,962 | $124.5M | Add +0.1% |
| TT Trane Technologies PLC | 1.67% | 402,795 | $120.9M | Add +0.2% |
| ORCL Oracle Corp. | 1.67% | 960,925 | $120.7M | Add +3.6% |
| MRK Merck & Co. Inc. | 1.57% | 864,424 | $114.1M | Add +13.8% |
| AZN Astrazeneca PLC-Spons ADR | 1.56% | 1,669,129 | $113.1M | Add +31.1% |
| SYK Stryker Corp. | 1.55% | 313,691 | $112.3M | Reduce -0.1% |
| LOW Lowe's Cos Inc. | 1.53% | 435,899 | $111.0M | Add +0.1% |
| ELV Elevance Health Inc. | 1.50% | 209,879 | $108.8M | Add +13.5% |
| TRMB Trimble Inc. | 1.50% | 1,690,347 | $108.8M | Add +8.7% |
| LULU Lululemon Athletica Inc. | 1.27% | 235,204 | $91.9M | Add +9.2% |
| UNP Union Pacific Corp. | 1.22% | 358,248 | $88.1M | Reduce 0.0% |
| ROK Rockwell Automation Inc. | 1.21% | 300,300 | $87.5M | No change |
| IT Gartner Inc. | 1.19% | 180,641 | $86.1M | No change |
| ITW Illinois Tool Works | 1.17% | 316,149 | $84.8M | Reduce -0.1% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 1.15% | 81,874 | $83.3M | No change |
| LECO Lincoln Electric Holdings | 0.97% | 273,900 | $70.0M | No change |
| LIN Linde PLC | 0.87% | 136,060 | $63.2M | No change |
| GPC Genuine Parts Co. | 0.82% | 382,000 | $59.2M | Reduce -1.5% |
| PPG PPG Industries Inc. | 0.77% | 386,580 | $56.0M | No change |
| CNI Canadian Natl Railway Co. | 0.74% | 408,000 | $53.7M | No change |
| NSC Norfolk Southern Corp. | 0.72% | 203,720 | $51.9M | Reduce -0.5% |
| ABT Abbott Laboratories | 0.67% | 424,098 | $48.2M | Reduce -0.7% |
| TXN Texas Instruments Inc. | 0.64% | 266,584 | $46.4M | Reduce -0.3% |
| FAST Fastenal Co. | 0.62% | 583,962 | $45.0M | Reduce -0.1% |
| IDXX Idexx Laboratories Inc. | 0.62% | 83,072 | $44.9M | Add +0.1% |
| EL Estee Lauder Companies Class A filed as LAUDER ESTEE COS INC | 0.61% | 286,694 | $44.2M | Reduce -0.5% |
| CL Colgate-Palmolive Co. | 0.60% | 486,049 | $43.8M | Add +7.7% |
| MKC McCormick & Co.-Non VTG SHRS | 0.59% | 560,016 | $43.0M | No change |
| UPS United Parcel Service Class B | 0.56% | 274,696 | $40.8M | Add +17.4% |
| PG The Procter & Gamble Co. | 0.56% | 250,218 | $40.6M | Add +29.5% |
| ETN Eaton Corp. PLC | 0.54% | 124,393 | $38.9M | Add +1.0% |
| KMB Kimberly-Clark Corp. | 0.52% | 289,350 | $37.4M | Add +24.5% |
| BMY Bristol-Myers Squibb Co. | 0.51% | 677,079 | $36.7M | Reduce -0.1% |
| FERG Ferguson Jersey Ltd. | 0.44% | 145,396 | $31.8M | Add +621.7% |
| NVS Novartis AG-Sponsored ADR | 0.44% | 327,884 | $31.7M | Add +0.1% |
| PFE Pfizer Inc. | 0.42% | 1,101,230 | $30.6M | Add +0.0% |
| JNJ Johnson & Johnson | 0.40% | 183,926 | $29.1M | Reduce -64.9% |
| UL Unilever PLC | 0.37% | 537,285 | $27.0M | Reduce -0.0% |
| APD Air Products & Chemicals Inc. | 0.37% | 111,110 | $26.9M | Reduce -0.1% |
| ABBV Abbvie Inc. | 0.29% | 115,368 | $21.0M | Add +0.5% |
| KVUE Kenvue Inc. | 0.26% | 868,839 | $18.6M | Add +64.8% |
| QCOM Qualcomm Inc. | 0.12% | 51,114 | $8.7M | Add +0.9% |
| ACN Accenture PLC Class A | 0.08% | 16,963 | $5.9M | Add +1.0% |
| AMZN Amazon.com Inc. | 0.07% | 28,656 | $5.2M | Reduce -0.1% |
| RIO Rio Tinto PLC-Spon ADR | 0.07% | 77,300 | $4.9M | No change |
| MELI MercadoLibre Inc. | 0.06% | 2,990 | $4.5M | No change |
| SCCO Southern Copper Corp. | 0.06% | 41,500 | $4.4M | No change |
| STM Stmicroelectronics NV-NY SHS | 0.06% | 98,739 | $4.3M | Reduce -3.5% |
| MA Mastercard Inc. Class A | 0.06% | 8,325 | $4.0M | Reduce -3.2% |
| NICE Nice Ltd. - Spon ADR | 0.06% | 15,337 | $4.0M | No change |
| ORLY O'reilly Automotive Inc. | 0.05% | 3,315 | $3.7M | No change |
| SAP Sap SE-Sponsored ADR | 0.04% | 16,349 | $3.2M | Add +10.7% |
| COST Costco Wholesale Corp. | 0.04% | 4,319 | $3.2M | Reduce -0.9% |
| JBL Jabil Inc. | 0.04% | 23,000 | $3.1M | No change |
| FND Floor & Decor Holdings Inc. Class A | 0.04% | 23,384 | $3.0M | Add +2.5% |
| MSI Motorola Solutions Inc. | 0.04% | 7,541 | $2.7M | Reduce -97.6% |
| INFY Infosys Ltd.-SP ADR | 0.04% | 146,500 | $2.6M | No change |
| FIX Comfort Systems USA Inc. | 0.04% | 8,059 | $2.6M | Reduce -15.7% |
| COP Conocophillips | 0.03% | 19,410 | $2.5M | Reduce -11.2% |
| B Barrick Gold Corp. | 0.03% | 144,740 | $2.4M | No change |
| CTVA Corteva Inc. | 0.03% | 40,517 | $2.3M | Reduce -11.5% |
| PSA Public Storage | 0.03% | 7,819 | $2.3M | Add +14.3% |
| MCO Moody's Corp. | 0.03% | 5,689 | $2.2M | No change |
| EW Edwards Lifesciences Corp. | 0.03% | 22,611 | $2.2M | Add +5.2% |
| ALC Alcon Inc. filed as ALCON AG | 0.03% | 24,766 | $2.1M | Reduce -4.3% |
| NKE Nike Inc. Class B | 0.03% | 20,883 | $2.0M | Add +1.4% |
| TEL Te Connectivity Ltd. | 0.03% | 13,335 | $1.9M | Add +3.6% |
| HD Home Depot Inc. | 0.03% | 5,014 | $1.9M | Add +3.0% |
| CRM Salesforce Inc. | 0.03% | 6,350 | $1.9M | Add +4.0% |
| MNST Monster Beverage Corp. | 0.03% | 32,200 | $1.9M | Reduce -2.7% |
| TLK Telkom Indonesia Persero-ADR filed as P T TELEKOMUNIKASI INDONESIA | 0.03% | 83,000 | $1.8M | No change |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.02% | 36,500 | $1.8M | No change |
| CSW CSW Industrials Inc. | 0.02% | 7,609 | $1.8M | No change |
| BSX Boston Scientific Corp. | 0.02% | 24,850 | $1.7M | Add +5.3% |
| ICFI Icf International Inc. | 0.02% | 11,200 | $1.7M | No change |
| NXPI NXP Semiconductors NV | 0.02% | 6,758 | $1.7M | Reduce -1.4% |
| PLD Prologis Inc. | 0.02% | 12,433 | $1.6M | Add +6.7% |
| AEM Agnico Eagle Mines Ltd. | 0.02% | 24,736 | $1.5M | No change |
| OTEX Open Text Corp. | 0.02% | 37,790 | $1.5M | New |
| BHP BHP Group Ltd.-Spon ADR | 0.02% | 25,200 | $1.5M | Reduce -16.9% |
Portfolio Sells Q4 2023 → Q1 2024
| MSI Motorola Solutions Inc. | Reduce -97.6% | 0.04% | −1.51 |
| AAPL Apple Inc. | Reduce -0.5% | 5.20% | −1.42 |
| JNJ Johnson & Johnson | Reduce -64.9% | 0.40% | −0.88 |
| HON Honeywell International Inc. | Reduce -98.1% | 0.01% | −0.85 |
| INTU Intuit Inc. | Reduce 0.0% | 2.68% | −0.23 |
| UNP Union Pacific Corp. | Reduce 0.0% | 1.22% | −0.16 |
| A Agilent Technologies Inc. | Reduce -0.0% | 1.83% | −0.14 |
| ITW Illinois Tool Works | Reduce -0.1% | 1.17% | −0.12 |
| APD Air Products & Chemicals Inc. | Reduce -0.1% | 0.37% | −0.10 |
| TXN Texas Instruments Inc. | Reduce -0.3% | 0.64% | −0.07 |
| ABT Abbott Laboratories | Reduce -0.7% | 0.67% | −0.07 |
| EL Estee Lauder Companies Class A | Reduce -0.5% | 0.61% | −0.05 |
| NSC Norfolk Southern Corp. | Reduce -0.5% | 0.72% | −0.04 |
| BMY Bristol-Myers Squibb Co. | Reduce -0.1% | 0.51% | −0.04 |
| UL Unilever PLC | Reduce -0.0% | 0.37% | −0.03 |
| ROST Ross Stores Inc. | Reduce -77.7% | 0.01% | −0.03 |
| STM Stmicroelectronics NV-NY SHS | Reduce -3.5% | 0.06% | −0.02 |
| GPC Genuine Parts Co. | Reduce -1.5% | 0.82% | −0.02 |
| CRL Charles River Laboratories | Sold out | 0.00% | −0.01 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.01 |
| BHP BHP Group Ltd.-Spon ADR | Reduce -16.9% | 0.02% | −0.01 |
| ON On Semiconductor | Sold out | 0.00% | −0.01 |
| EQIX Equinix Inc. | Sold out | 0.00% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -57.9% | 0.00% | −0.01 |
| ZTS Zoetis Inc. | Reduce -3.6% | 0.02% | −0.01 |
| COP Conocophillips | Reduce -11.2% | 0.03% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -8.8% | 0.02% | −0.00 |
| SHEL Shell PLC-ADR | Reduce -44.9% | 0.00% | −0.00 |
| NE Noble Corp. PLC | Sold out | 0.00% | −0.00 |
| DAR Darling Ingredients Inc. | Sold out | 0.00% | −0.00 |
| IDA Idacorp Inc. | Sold out | 0.00% | −0.00 |
| MNST Monster Beverage Corp. | Reduce -2.7% | 0.03% | −0.00 |
| ALC Alcon Inc. | Reduce -4.3% | 0.03% | −0.00 |
| PANW Palo Alto Networks Inc. | Reduce -1.9% | 0.01% | −0.00 |
| EXPO Exponent Inc. | Reduce -6.3% | 0.01% | −0.00 |
| CTVA Corteva Inc. | Reduce -11.5% | 0.03% | −0.00 |
| MA Mastercard Inc. Class A | Reduce -3.2% | 0.06% | −0.00 |
| NXPI NXP Semiconductors NV | Reduce -1.4% | 0.02% | −0.00 |
| BKNG Booking Holdings Inc. | Reduce -15.6% | 0.00% | −0.00 |
| COST Costco Wholesale Corp. | Reduce -0.9% | 0.04% | −0.00 |
| ECL Ecolab Inc. | Reduce -21.9% | 0.00% | −0.00 |
| INTC Intel Corp. | Reduce -10.2% | 0.00% | −0.00 |
| PWR Quanta Services Inc. | Reduce -17.6% | 0.01% | −0.00 |
| V Visa Inc. Class A | Reduce -16.8% | 0.00% | −0.00 |
| NVEC Nve Corp. | Reduce -21.3% | 0.00% | −0.00 |
| CLX Clorox Company | Reduce -11.0% | 0.00% | −0.00 |
| GIS General Mills Inc. | Reduce -3.7% | 0.01% | −0.00 |
| MTRX Matrix Service Co. | Reduce -7.6% | 0.01% | +0.00 |
| AMZN Amazon.com Inc. | Reduce -0.1% | 0.07% | +0.00 |
| FIX Comfort Systems USA Inc. | Reduce -15.7% | 0.04% | +0.00 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +279.4% | 2.04% | +1.70 |
| AVGO Broadcom Inc. | Add +32.0% | 2.53% | +0.71 |
| KEYS Keysight Technologies Inc. | Add +72.0% | 1.86% | +0.62 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.1% | 3.99% | +0.55 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.0% | 4.27% | +0.51 |
| FERG Ferguson Jersey Ltd. | Add +621.7% | 0.44% | +0.38 |
| NVO Novo-Nordisk A/S-Spons ADR | Add +0.6% | 3.79% | +0.36 |
| MSFT Microsoft Corp. | Add +5.8% | 6.44% | +0.30 |
| NOW ServiceNow Inc. | Add +22.9% | 1.98% | +0.30 |
| MRK Merck & Co. Inc. | Add +13.8% | 1.57% | +0.28 |
| AMD Advanced Micro Devices | Add +0.5% | 3.03% | +0.25 |
| AZN Astrazeneca PLC-Spons ADR | Add +31.1% | 1.56% | +0.22 |
| TRMB Trimble Inc. | Add +8.7% | 1.50% | +0.21 |
| ELV Elevance Health Inc. | Add +13.5% | 1.50% | +0.14 |
| ORCL Oracle Corp. | Add +3.6% | 1.67% | +0.14 |
| AZO AutoZone Inc. | Add +0.7% | 1.77% | +0.14 |
| TT Trane Technologies PLC | Add +0.2% | 1.67% | +0.14 |
| PG The Procter & Gamble Co. | Add +29.5% | 0.56% | +0.12 |
| KVUE Kenvue Inc. | Add +64.8% | 0.26% | +0.08 |
| KMB Kimberly-Clark Corp. | Add +24.5% | 0.52% | +0.08 |
| ETN Eaton Corp. PLC | Add +1.0% | 0.54% | +0.07 |
| CL Colgate-Palmolive Co. | Add +7.7% | 0.60% | +0.04 |
| LOW Lowe's Cos Inc. | Add +0.1% | 1.53% | +0.02 |
| OTEX Open Text Corp. | New | 0.02% | +0.02 |
| META Meta Platforms Inc. Class A | Add +213.9% | 0.02% | +0.01 |
| ABBV Abbvie Inc. | Add +0.5% | 0.29% | +0.01 |
| VAL Valaris Ltd. | New | 0.01% | +0.01 |
| JCI Johnson Controls Internation | Add +0.1% | 2.00% | +0.01 |
| SAP Sap SE-Sponsored ADR | Add +10.7% | 0.04% | +0.01 |
| FROG Jfrog Ltd. | New | 0.01% | +0.01 |
| QCOM Qualcomm Inc. | Add +0.9% | 0.12% | +0.01 |
| D Dominion Energy Inc. | New | 0.00% | +0.00 |
| EW Edwards Lifesciences Corp. | Add +5.2% | 0.03% | +0.00 |
| CFLT Confluent Inc. Class A | New | 0.00% | +0.00 |
| PSX Phillips 66 | New | 0.00% | +0.00 |
| WSO Watsco Inc. | Add +34.0% | 0.02% | +0.00 |
| CP Canadian Pacific Kansas City | Add +24.1% | 0.01% | +0.00 |
| BSX Boston Scientific Corp. | Add +5.3% | 0.02% | +0.00 |
| FND Floor & Decor Holdings Inc. Class A | Add +2.5% | 0.04% | +0.00 |
| TSCO Tractor Supply Company | Add +5.1% | 0.02% | +0.00 |
| MPWR Monolithic Power Systems Inc. | Add +17.9% | 0.02% | +0.00 |
| RMBS Rambus Inc. | Add +67.2% | 0.01% | +0.00 |
| CRM Salesforce Inc. | Add +4.0% | 0.03% | +0.00 |
| FSLR First Solar Inc. | Add +24.1% | 0.01% | +0.00 |
| GSK GSK PLC-Spon ADR | Add +2.1% | 0.02% | +0.00 |
| VZ Verizon Communications Inc. | Add +22.5% | 0.00% | +0.00 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +2.7% | 0.01% | +0.00 |
| VMRK Vivmark Residential | Add +18.3% | 0.01% | +0.00 |
| ENPH Enphase Energy Inc. | Add +27.7% | 0.01% | +0.00 |
| HD Home Depot Inc. | Add +3.0% | 0.03% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 140 | $8.2B | TSM, AVGO, AAPL, LLY, MSFT |
| Q1 2026 | 148 | $7.1B | TSM, LLY, AVGO, AAPL, ASML |
| Q4 2025 | 150 | $7.5B | TSM, LLY, AVGO, MSFT, AAPL |
| Q3 2025 | 157 | $7.8B | TSM, MSFT, AVGO, AAPL, LLY |
| Q2 2025 | 157 | $7.4B | MSFT, TSM, LLY, AVGO, AAPL |
| Q1 2025 | 149 | $6.7B | LLY, AAPL, MSFT, TSM, AVGO |
| Q4 2024 | 157 | $7.4B | AAPL, LLY, MSFT, TSM, AVGO |
| Q3 2024 | 158 | $7.6B | LLY, AAPL, MSFT, TSM, ASML |
| Q2 2024 | 166 | $7.5B | LLY, MSFT, AAPL, TSM, ASML |
| Q1 2024 | 170 | $7.2B | LLY, MSFT, AAPL, ASML, TSM |