Saturna Capital Corp.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 31, 2024), Saturna Capital Corp. reported 166 stock positions worth $7.5 billion. Its top holding was Eli Lilly (LLY) at 8.2% of the portfolio, followed by Microsoft (MSFT, 6.6%) and Apple (AAPL, 6.1%). Compared with Q1 2024, it opened 4 new positions, sold out of 8, added to 52 and reduced 78. The biggest buy was Nvidia (NVDA, shares +33%) and the biggest sale Lululemon Athletica (LULU, shares −98%).
- Most Recent 13F
- Q2 2026
- Location
- BELLINGHAM, WA
- CIK
- 0001316617
- Portfolio Value
- $7.5B (Q2 2024)
- SEC Filing
- 0001316617-24-000012 ↗ filed Jul 31, 2024
Holdings Value
Holdings 166 stocks · $7.5B
| LLY Eli Lilly & Co. | 8.21% | 682,898 | $618.3M | Reduce -1.4% |
| MSFT Microsoft Corp. | 6.58% | 1,109,133 | $495.7M | Reduce -0.1% |
| AAPL Apple Inc. | 6.09% | 2,179,793 | $459.1M | Reduce -0.7% |
| TSM Taiwan Semiconductor-SP ADR | 4.91% | 2,130,406 | $370.3M | Add +0.2% |
| ASML ASML Holding NV-NY Reg SHS | 4.33% | 319,159 | $326.4M | Add +0.1% |
| NVO Novo-Nordisk A/S-Spons ADR | 4.05% | 2,136,005 | $304.9M | Reduce -0.2% |
| NVDA Nvidia Corp. | 3.57% | 2,179,031 | $269.2M | Add +33.4% |
| GOOGL Alphabet Inc. Class A | 3.45% | 1,426,992 | $259.9M | Reduce -0.0% |
| AVGO Broadcom Inc. | 3.10% | 145,366 | $233.4M | Add +5.2% |
| AMD Advanced Micro Devices | 2.62% | 1,215,870 | $197.2M | Reduce -0.0% |
| INTU Intuit Inc. | 2.60% | 297,973 | $195.8M | Reduce -0.1% |
| ADBE Adobe Inc. | 2.51% | 340,665 | $189.3M | Reduce -0.0% |
| JCI Johnson Controls Internation | 2.33% | 2,641,271 | $175.6M | Add +19.3% |
| PG The Procter & Gamble Co. | 2.01% | 919,716 | $151.7M | Add +267.6% |
| NOW ServiceNow Inc. | 1.97% | 188,608 | $148.4M | Add +0.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 1.80% | 1,230,641 | $135.5M | Reduce -0.2% |
| ORCL Oracle Corp. | 1.80% | 959,581 | $135.5M | Reduce -0.1% |
| TT Trane Technologies PLC | 1.76% | 403,309 | $132.7M | Add +0.1% |
| AZN Astrazeneca PLC-Spons ADR | 1.73% | 1,672,209 | $130.4M | Add +0.2% |
| CHD Church & Dwight Co. Inc. | 1.64% | 1,191,867 | $123.6M | Reduce -0.2% |
| AZO AutoZone Inc. | 1.60% | 40,616 | $120.4M | No change |
| CSCO Cisco Systems Inc. | 1.59% | 2,528,861 | $120.1M | Reduce -1.3% |
| KEYS Keysight Technologies Inc. | 1.58% | 869,587 | $118.9M | Add +1.1% |
| A Agilent Technologies Inc. | 1.57% | 910,466 | $118.0M | Reduce -0.0% |
| MRK Merck & Co. Inc. | 1.56% | 951,032 | $117.7M | Add +10.0% |
| ELV Elevance Health Inc. | 1.51% | 209,879 | $113.7M | No change |
| SYK Stryker Corp. | 1.41% | 313,220 | $106.6M | Reduce -0.1% |
| LOW Lowe's Cos Inc. | 1.26% | 429,366 | $94.7M | Reduce -1.5% |
| TRMB Trimble Inc. | 1.25% | 1,690,433 | $94.5M | Add +0.0% |
| ROK Rockwell Automation Inc. | 1.10% | 300,300 | $82.7M | No change |
| IT Gartner Inc. | 1.08% | 180,641 | $81.1M | No change |
| IDXX Idexx Laboratories Inc. | 1.07% | 165,072 | $80.4M | Add +98.7% |
| UNP Union Pacific Corp. | 1.04% | 345,596 | $78.2M | Reduce -3.5% |
| ITW Illinois Tool Works | 0.99% | 315,339 | $74.7M | Reduce -0.3% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.98% | 81,730 | $73.7M | Reduce -0.2% |
| LIN Linde PLC | 0.79% | 136,060 | $59.7M | No change |
| LECO Lincoln Electric Holdings | 0.71% | 282,270 | $53.2M | Add +3.1% |
| GPC Genuine Parts Co. | 0.70% | 382,000 | $52.8M | No change |
| TXN Texas Instruments Inc. | 0.69% | 265,598 | $51.7M | Reduce -0.4% |
| CNI Canadian Natl Railway Co. | 0.64% | 408,000 | $48.2M | No change |
| PPG PPG Industries Inc. | 0.63% | 379,580 | $47.8M | Reduce -1.8% |
| CL Colgate-Palmolive Co. | 0.63% | 489,000 | $47.5M | Add +0.6% |
| AMGN Amgen Inc. | 0.59% | 141,262 | $44.1M | Reduce -69.5% |
| ABT Abbott Laboratories | 0.56% | 407,104 | $42.3M | Reduce -4.0% |
| ETN Eaton Corp. PLC | 0.56% | 134,077 | $42.0M | Add +7.8% |
| KMB Kimberly-Clark Corp. | 0.55% | 301,100 | $41.6M | Add +4.1% |
| FERG Ferguson Jersey Ltd. | 0.54% | 210,556 | $40.8M | Add +44.8% |
| MKC McCormick & Co.-Non VTG SHRS | 0.53% | 560,016 | $39.7M | No change |
| UPS United Parcel Service Class B | 0.50% | 274,797 | $37.6M | Add +0.0% |
| NVS Novartis AG-Sponsored ADR | 0.46% | 326,413 | $34.7M | Reduce -0.5% |
| UL Unilever PLC | 0.42% | 571,239 | $31.4M | Add +6.3% |
| APD Air Products & Chemicals Inc. | 0.38% | 110,860 | $28.6M | Reduce -0.2% |
| JNJ Johnson & Johnson | 0.36% | 184,601 | $27.0M | Add +0.4% |
| PFE Pfizer Inc. | 0.30% | 801,200 | $22.4M | Reduce -27.2% |
| BMY Bristol-Myers Squibb Co. | 0.28% | 501,533 | $20.8M | Reduce -25.9% |
| ABBV Abbvie Inc. | 0.26% | 115,368 | $19.8M | No change |
| KVUE Kenvue Inc. | 0.25% | 1,027,821 | $18.7M | Add +18.3% |
| QCOM Qualcomm Inc. | 0.15% | 58,033 | $11.6M | Add +13.5% |
| RIO Rio Tinto PLC-Spon ADR | 0.07% | 83,529 | $5.5M | Add +8.1% |
| AMZN Amazon.com Inc. | 0.07% | 28,494 | $5.5M | Reduce -0.6% |
| MELI MercadoLibre Inc. | 0.07% | 2,990 | $4.9M | No change |
| SCCO Southern Copper Corp. | 0.06% | 43,431 | $4.7M | Add +4.7% |
| STM Stmicroelectronics NV-NY SHS | 0.05% | 102,035 | $4.0M | Add +3.3% |
| ORLY O'reilly Automotive Inc. | 0.05% | 3,756 | $4.0M | Add +13.3% |
| SAP Sap SE-Sponsored ADR | 0.05% | 18,804 | $3.8M | Add +15.0% |
| ACN Accenture PLC Class A | 0.05% | 11,581 | $3.5M | Reduce -31.7% |
| COST Costco Wholesale Corp. | 0.05% | 4,119 | $3.5M | Reduce -4.6% |
| MA Mastercard Inc. Class A | 0.05% | 7,765 | $3.4M | Reduce -6.7% |
| JBL Jabil Inc. | 0.04% | 28,600 | $3.1M | Add +24.4% |
| INFY Infosys Ltd.-SP ADR | 0.04% | 163,200 | $3.0M | Add +11.4% |
| NICE Nice Ltd. - Spon ADR | 0.04% | 17,437 | $3.0M | Add +13.7% |
| MSI Motorola Solutions Inc. | 0.04% | 7,527 | $2.9M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 0.04% | 5,460 | $2.8M | Add +86.4% |
| B Barrick Gold Corp. | 0.04% | 164,000 | $2.7M | Add +13.3% |
| MCO Moody's Corp. | 0.03% | 5,689 | $2.4M | No change |
| FND Floor & Decor Holdings Inc. Class A | 0.03% | 22,631 | $2.2M | Reduce -3.2% |
| ALC Alcon Inc. filed as ALCON AG | 0.03% | 25,145 | $2.2M | Add +1.5% |
| COP Conocophillips | 0.03% | 18,615 | $2.1M | Reduce -4.1% |
| EW Edwards Lifesciences Corp. | 0.03% | 22,916 | $2.1M | Add +1.4% |
| BSX Boston Scientific Corp. | 0.03% | 26,100 | $2.0M | Add +5.0% |
| CTVA Corteva Inc. | 0.03% | 37,136 | $2.0M | Reduce -8.3% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.03% | 49,000 | $2.0M | Add +34.3% |
| TEL Te Connectivity Ltd. | 0.03% | 13,190 | $2.0M | Reduce -1.1% |
| CSW CSW Industrials Inc. | 0.03% | 7,352 | $2.0M | Reduce -3.4% |
| ROP Roper Technologies Inc. | 0.03% | 3,400 | $1.9M | Add +47.8% |
| PWR Quanta Services Inc. | 0.03% | 7,400 | $1.9M | Add +208.3% |
| PSA Public Storage | 0.02% | 6,338 | $1.8M | Reduce -18.9% |
| NXPI NXP Semiconductors NV | 0.02% | 6,684 | $1.8M | Reduce -1.1% |
| FIX Comfort Systems USA Inc. | 0.02% | 5,876 | $1.8M | Reduce -27.1% |
| CRM Salesforce Inc. | 0.02% | 6,547 | $1.7M | Add +3.1% |
| ICFI Icf International Inc. | 0.02% | 11,200 | $1.7M | No change |
| MNST Monster Beverage Corp. | 0.02% | 32,200 | $1.6M | No change |
| TLK Telkom Indonesia Persero-ADR filed as P T TELEKOMUNIKASI INDONESIA | 0.02% | 83,000 | $1.6M | No change |
| BHP BHP Group Ltd.-Spon ADR | 0.02% | 26,950 | $1.5M | Add +6.9% |
| AEM Agnico Eagle Mines Ltd. | 0.02% | 23,296 | $1.5M | Reduce -5.8% |
| LULU Lululemon Athletica Inc. | 0.02% | 5,069 | $1.5M | Reduce -97.8% |
| HD Home Depot Inc. | 0.02% | 4,029 | $1.4M | Reduce -19.6% |
| TSCO Tractor Supply Company | 0.02% | 5,060 | $1.4M | Reduce -1.3% |
| WSO Watsco Inc. | 0.02% | 2,890 | $1.3M | Reduce -10.3% |
| MPWR Monolithic Power Systems Inc. | 0.02% | 1,618 | $1.3M | Reduce -1.6% |
Portfolio Sells Q1 2024 → Q2 2024
| LULU Lululemon Athletica Inc. | Reduce -97.8% | 0.02% | −1.25 |
| AMGN Amgen Inc. | Reduce -69.5% | 0.59% | −1.24 |
| NSC Norfolk Southern Corp. | Reduce -97.9% | 0.01% | −0.70 |
| EL Estee Lauder Companies Class A | Sold out | 0.00% | −0.61 |
| FAST Fastenal Co. | Reduce -96.9% | 0.02% | −0.61 |
| AMD Advanced Micro Devices | Reduce -0.0% | 2.62% | −0.41 |
| LOW Lowe's Cos Inc. | Reduce -1.5% | 1.26% | −0.28 |
| A Agilent Technologies Inc. | Reduce -0.0% | 1.57% | −0.26 |
| BMY Bristol-Myers Squibb Co. | Reduce -25.9% | 0.28% | −0.23 |
| ITW Illinois Tool Works | Reduce -0.3% | 0.99% | −0.18 |
| UNP Union Pacific Corp. | Reduce -3.5% | 1.04% | −0.18 |
| CSCO Cisco Systems Inc. | Reduce -1.3% | 1.59% | −0.17 |
| GWW WW Grainger Inc. | Reduce -0.2% | 0.98% | −0.17 |
| PPG PPG Industries Inc. | Reduce -1.8% | 0.63% | −0.14 |
| SYK Stryker Corp. | Reduce -0.1% | 1.41% | −0.14 |
| PFE Pfizer Inc. | Reduce -27.2% | 0.30% | −0.12 |
| ABT Abbott Laboratories | Reduce -4.0% | 0.56% | −0.10 |
| CHD Church & Dwight Co. Inc. | Reduce -0.2% | 1.64% | −0.08 |
| INTU Intuit Inc. | Reduce -0.1% | 2.60% | −0.08 |
| ACN Accenture PLC Class A | Reduce -31.7% | 0.05% | −0.03 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.03 |
| SONY Sony Group Corp. - SP ADR | Reduce -75.9% | 0.00% | −0.02 |
| FND Floor & Decor Holdings Inc. Class A | Reduce -3.2% | 0.03% | −0.01 |
| FIX Comfort Systems USA Inc. | Reduce -27.1% | 0.02% | −0.01 |
| HON Honeywell International Inc. | Reduce -79.8% | 0.00% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -6.7% | 0.05% | −0.01 |
| HD Home Depot Inc. | Reduce -19.6% | 0.02% | −0.01 |
| PSA Public Storage | Reduce -18.9% | 0.02% | −0.01 |
| COP Conocophillips | Reduce -4.1% | 0.03% | −0.01 |
| CTVA Corteva Inc. | Reduce -8.3% | 0.03% | −0.01 |
| TU Telus Corp. | Reduce -65.3% | 0.00% | −0.01 |
| XOM Exxon Mobil Corp. | Sold out | 0.00% | −0.01 |
| PLD Prologis Inc. | Reduce -7.4% | 0.02% | −0.01 |
| UNH Unitedhealth Group Inc. | Reduce -30.7% | 0.01% | −0.00 |
| GSK GSK PLC-Spon ADR | Reduce -15.3% | 0.01% | −0.00 |
| SBUX Starbucks Corp. | Sold out | 0.00% | −0.00 |
| SITM Sitime Corp. | Sold out | 0.00% | −0.00 |
| GIB Cgi Inc. | Sold out | 0.00% | −0.00 |
| CP Canadian Pacific Kansas City | Reduce -15.9% | 0.01% | −0.00 |
| MTRX Matrix Service Co. | Reduce -10.5% | 0.01% | −0.00 |
| CRSP Crispr Therapeutics AG | Reduce -10.5% | 0.01% | −0.00 |
| CLX Clorox Company | Sold out | 0.00% | −0.00 |
| ROST Ross Stores Inc. | Reduce -36.8% | 0.00% | −0.00 |
| IOVA Iovance Biotherapeutics Inc. | Reduce -23.8% | 0.00% | −0.00 |
| MCHP Microchip Technology Inc. | Reduce -47.1% | 0.00% | −0.00 |
| INTC Intel Corp. | Sold out | 0.00% | −0.00 |
| FROG Jfrog Ltd. | Reduce -23.7% | 0.00% | −0.00 |
| GIS General Mills Inc. | Reduce -18.3% | 0.00% | −0.00 |
| GOOG Alphabet Inc. Class C | Reduce -40.4% | 0.00% | −0.00 |
| WSO Watsco Inc. | Reduce -10.3% | 0.02% | −0.00 |
Portfolio Buys Q1 2024 → Q2 2024
| NVDA Nvidia Corp. | Add +33.4% | 3.57% | +1.54 |
| PG The Procter & Gamble Co. | Add +267.6% | 2.01% | +1.45 |
| TSM Taiwan Semiconductor-SP ADR | Add +0.2% | 4.91% | +0.92 |
| AVGO Broadcom Inc. | Add +5.2% | 3.10% | +0.57 |
| IDXX Idexx Laboratories Inc. | Add +98.7% | 1.07% | +0.45 |
| JCI Johnson Controls Internation | Add +19.3% | 2.33% | +0.33 |
| AZN Astrazeneca PLC-Spons ADR | Add +0.2% | 1.73% | +0.17 |
| FERG Ferguson Jersey Ltd. | Add +44.8% | 0.54% | +0.10 |
| TT Trane Technologies PLC | Add +0.1% | 1.76% | +0.09 |
| ASML ASML Holding NV-NY Reg SHS | Add +0.1% | 4.33% | +0.06 |
| UL Unilever PLC | Add +6.3% | 0.42% | +0.04 |
| KMB Kimberly-Clark Corp. | Add +4.1% | 0.55% | +0.04 |
| QCOM Qualcomm Inc. | Add +13.5% | 0.15% | +0.03 |
| CL Colgate-Palmolive Co. | Add +0.6% | 0.63% | +0.03 |
| ETN Eaton Corp. PLC | Add +7.8% | 0.56% | +0.02 |
| META Meta Platforms Inc. Class A | Add +86.4% | 0.04% | +0.02 |
| PWR Quanta Services Inc. | Add +208.3% | 0.03% | +0.02 |
| ITRI Itron Inc. | New | 0.01% | +0.01 |
| EQIX Equinix Inc. | New | 0.01% | +0.01 |
| ROP Roper Technologies Inc. | Add +47.8% | 0.03% | +0.01 |
| SAP Sap SE-Sponsored ADR | Add +15.0% | 0.05% | +0.01 |
| RIO Rio Tinto PLC-Spon ADR | Add +8.1% | 0.07% | +0.01 |
| IBM Intl Business Machines Corp. | New | 0.00% | +0.00 |
| EME Emcor Group Inc. | New | 0.00% | +0.00 |
| INFY Infosys Ltd.-SP ADR | Add +11.4% | 0.04% | +0.00 |
| FSLR First Solar Inc. | Add +0.6% | 0.02% | +0.00 |
| BSX Boston Scientific Corp. | Add +5.0% | 0.03% | +0.00 |
| B Barrick Gold Corp. | Add +13.3% | 0.04% | +0.00 |
| SQM Quimica Y Minera Chil-SP ADR | Add +34.3% | 0.03% | +0.00 |
| MAA Mid-America Apartment Comm | Add +31.9% | 0.01% | +0.00 |
| ALC Alcon Inc. | Add +1.5% | 0.03% | +0.00 |
| NEE Nextera Energy Inc. | Add +11.8% | 0.01% | +0.00 |
| SCCO Southern Copper Corp. | Add +4.7% | 0.06% | +0.00 |
| VMRK Vivmark Residential | Add +10.5% | 0.01% | +0.00 |
| ORLY O'reilly Automotive Inc. | Add +13.3% | 0.05% | +0.00 |
| RSG Republic Services Inc. | Add +9.3% | 0.02% | +0.00 |
| VAL Valaris Ltd. | Add +14.0% | 0.01% | +0.00 |
| CPT Camden Property Trust | Add +4.0% | 0.01% | +0.00 |
| D Dominion Energy Inc. | Add +14.8% | 0.01% | +0.00 |
| BHP BHP Group Ltd.-Spon ADR | Add +6.9% | 0.02% | +0.00 |
| PCH Potlatchdeltic Corp. | Add +10.9% | 0.01% | −0.00 |
| JBL Jabil Inc. | Add +24.4% | 0.04% | −0.00 |
| WY Weyerhaeuser Co. | Add +4.8% | 0.01% | −0.00 |
| EW Edwards Lifesciences Corp. | Add +1.4% | 0.03% | −0.00 |
| ENPH Enphase Energy Inc. | Add +0.0% | 0.01% | −0.00 |
| CRM Salesforce Inc. | Add +3.1% | 0.02% | −0.00 |
| STM Stmicroelectronics NV-NY SHS | Add +3.3% | 0.05% | −0.01 |
| KVUE Kenvue Inc. | Add +18.3% | 0.25% | −0.01 |
| NOW ServiceNow Inc. | Add +0.2% | 1.97% | −0.01 |
| MRK Merck & Co. Inc. | Add +10.0% | 1.56% | −0.01 |
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 |