Saturna Capital Corp.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Saturna Capital Corp. reported 148 stock positions worth $7.1 billion. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 9.4% of the portfolio, followed by Eli Lilly (LLY, 7.2%) and Broadcom (AVGO, 6.5%). Compared with Q4 2025, it opened 9 new positions, sold out of 11, added to 45 and reduced 68. The biggest buy was Waste Management (WM, shares +66%) and the biggest sale Microsoft (MSFT, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- BELLINGHAM, WA
- CIK
- 0001316617
- Portfolio Value
- $7.1B (Q1 2026)
- SEC Filing
- 0001316617-26-000005 ↗ filed May 12, 2026
Holdings Value
Holdings 148 stocks · $7.1B
| TSM Taiwan Semiconductor-SP ADR | 9.45% | 1,992,101 | $673.2M | Reduce -2.4% |
| LLY Eli Lilly & Co. | 7.16% | 555,104 | $510.6M | Reduce -1.1% |
| AVGO Broadcom Inc. | 6.50% | 1,497,180 | $463.4M | Reduce -2.1% |
| AAPL Apple Inc. | 6.34% | 1,780,138 | $451.8M | Reduce -0.3% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 5.87% | 316,657 | $418.3M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 5.77% | 1,431,204 | $411.6M | Reduce -0.6% |
| MSFT Microsoft Corp. | 5.44% | 1,047,266 | $387.7M | Reduce -1.5% |
| NVDA Nvidia Corp. | 5.41% | 2,208,991 | $385.2M | Reduce -0.9% |
| JCI Johnson Controls Internation | 4.79% | 2,604,438 | $341.1M | Reduce -1.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 2.73% | 1,220,155 | $194.9M | Reduce -0.7% |
| ABBV Abbvie Inc. | 2.39% | 781,671 | $170.0M | Add +0.2% |
| TT Trane Technologies PLC | 2.35% | 401,732 | $167.4M | Reduce -0.2% |
| AZN Astrazeneca PLC | 2.27% | 821,571 | $162.0M | Add +0.5% |
| CSCO Cisco Systems Inc. | 1.95% | 1,788,543 | $138.8M | Add +2.6% |
| AZO AutoZone Inc. | 1.94% | 40,965 | $138.4M | Add +0.1% |
| SYK Stryker Corp. | 1.69% | 367,413 | $120.7M | Add +15.8% |
| NOW ServiceNow Inc. | 1.69% | 1,151,313 | $120.4M | Add +21.4% |
| CHD Church & Dwight Co. Inc. | 1.56% | 1,189,676 | $111.0M | Add +0.3% |
| TRMB Trimble Inc. | 1.54% | 1,682,542 | $109.8M | Reduce -0.3% |
| ROK Rockwell Automation Inc. | 1.52% | 301,481 | $108.2M | Add +0.0% |
| LOW Lowe's Cos Inc. | 1.37% | 414,432 | $97.9M | Reduce -1.2% |
| ORCL Oracle Corp. | 1.29% | 625,467 | $92.0M | Reduce -33.7% |
| GWW WW Grainger Inc. | 1.25% | 81,994 | $89.4M | No change |
| AMD Advanced Micro Devices | 1.20% | 421,134 | $85.7M | Reduce -0.5% |
| ITW Illinois Tool Works | 1.12% | 306,212 | $79.7M | Reduce -0.1% |
| ETN Eaton Corp. PLC | 1.01% | 201,103 | $71.9M | Reduce -1.1% |
| LIN Linde PLC | 0.99% | 142,925 | $70.9M | Add +0.8% |
| LECO Lincoln Electric Holdings | 0.94% | 268,975 | $67.0M | No change |
| NVO Novo-Nordisk A/S-Spons ADR | 0.92% | 1,790,627 | $65.8M | Reduce -13.6% |
| WM Waste Management Inc. | 0.87% | 270,936 | $62.3M | Add +65.6% |
| FERG Ferguson Enterprises Inc. | 0.79% | 241,805 | $56.4M | Add +1.1% |
| TXN Texas Instruments Inc. | 0.70% | 257,374 | $50.0M | Add +0.0% |
| NVS Novartis AG-Sponsored ADR | 0.67% | 311,008 | $47.5M | Reduce -0.5% |
| UL Unilever PLC-Sponsored ADR | 0.64% | 794,310 | $45.3M | Add +38.0% |
| JNJ Johnson & Johnson | 0.61% | 179,177 | $43.8M | Reduce -0.9% |
| CNI Canadian Natl Railway Co. | 0.58% | 400,263 | $41.1M | Add +4.2% |
| ABT Abbott Laboratories | 0.56% | 391,930 | $40.2M | Add +0.0% |
| CL Colgate-Palmolive Co. | 0.54% | 450,252 | $38.4M | No change |
| APD Air Products & Chemicals Inc. | 0.50% | 122,166 | $35.5M | Add +5.3% |
| UPS United Parcel Service Class B | 0.42% | 303,390 | $29.8M | Reduce -0.6% |
| KMB Kimberly-Clark Corp. | 0.41% | 301,117 | $29.0M | No change |
| KVUE Kenvue Inc. | 0.41% | 1,677,123 | $28.9M | Add +0.0% |
| CRH CRH PLC | 0.39% | 264,355 | $27.8M | Add +51.4% |
| HD Home Depot Inc. | 0.32% | 69,386 | $22.8M | Add +7.4% |
| MRK Merck & Co. Inc. | 0.27% | 157,451 | $18.9M | Add +11.7% |
| NKE Nike Inc. Class B | 0.26% | 356,440 | $18.8M | Add +18.5% |
| GPC Genuine Parts Co. | 0.23% | 152,010 | $16.1M | Reduce -60.4% |
| RIO Rio Tinto PLC-Spon ADR | 0.14% | 107,264 | $10.0M | Add +0.8% |
| SQM Quimica Y Minera Chil-SP ADR filed as SOCIEDAD QUIMICA Y MINERA DE | 0.14% | 121,186 | $9.8M | Add +9.5% |
| B Barrick Mining Corp. | 0.12% | 212,061 | $8.6M | Reduce -0.1% |
| JBL Jabil Inc. | 0.11% | 28,600 | $7.6M | Reduce -3.0% |
| QCOM Qualcomm Inc. | 0.10% | 56,064 | $7.2M | Add +17.3% |
| MPWR Monolithic Power Systems Inc. | 0.10% | 6,563 | $7.2M | Reduce -3.2% |
| AMZN Amazon.com Inc. | 0.09% | 30,044 | $6.3M | Reduce -1.4% |
| SAP Sap SE-Sponsored ADR | 0.07% | 27,073 | $4.6M | Add +22.4% |
| ORLY O'reilly Automotive Inc. | 0.06% | 46,719 | $4.3M | Reduce -16.9% |
| AEM Agnico Eagle Mines Ltd. | 0.06% | 20,388 | $4.1M | Reduce -20.8% |
| COST Costco Wholesale Corp. | 0.06% | 4,146 | $4.1M | Reduce -2.4% |
| APH Amphenol Corp. Class A | 0.06% | 32,153 | $4.1M | Reduce -9.5% |
| NICE Nice Ltd. - Spon ADR | 0.05% | 29,644 | $3.3M | Add +56.9% |
| CTVA Corteva Inc. | 0.04% | 35,135 | $2.9M | Reduce -7.9% |
| RSG Republic Services Inc. | 0.04% | 13,009 | $2.8M | Add +1.5% |
| INFY Infosys Ltd.-SP ADR | 0.04% | 210,000 | $2.8M | No change |
| FIX Comfort Systems USA Inc. | 0.04% | 1,950 | $2.7M | Reduce -13.6% |
| BSX Boston Scientific Corp. | 0.04% | 42,787 | $2.7M | Reduce -0.0% |
| PWR Quanta Services Inc. | 0.04% | 4,884 | $2.7M | Reduce -31.7% |
| MA Mastercard Inc. Class A | 0.04% | 5,320 | $2.7M | Reduce -4.7% |
| MSI Motorola Solutions Inc. | 0.04% | 6,095 | $2.6M | Reduce -14.0% |
| ROST Ross Stores Inc. | 0.03% | 11,056 | $2.4M | Add +31.1% |
| ADBE Adobe Inc. | 0.03% | 9,533 | $2.3M | Reduce -94.3% |
| TLK Telkom Indonesia Persero-ADR filed as TELEKOMUNIKASI IND | 0.03% | 120,000 | $2.2M | No change |
| META Meta Platforms Inc. Class A | 0.03% | 3,794 | $2.2M | Reduce -21.1% |
| PG The Procter & Gamble Co. | 0.03% | 14,588 | $2.1M | Reduce -11.3% |
| MNST Monster Beverage Corp. | 0.03% | 28,525 | $2.1M | Reduce -0.2% |
| COP Conocophillips | 0.03% | 15,075 | $2.0M | New |
| EME Emcor Group Inc. | 0.03% | 2,670 | $2.0M | Add +52.3% |
| MCO Moody's Corp. | 0.03% | 4,362 | $1.9M | Reduce -0.1% |
| PSA Public Storage | 0.03% | 6,863 | $1.9M | No change |
| GSK GSK PLC-Spon ADR | 0.03% | 33,346 | $1.8M | Add +14.3% |
| PLD Prologis Inc. | 0.02% | 12,410 | $1.6M | No change |
| PSX Phillips 66 | 0.02% | 8,334 | $1.5M | Add +48.2% |
| NEE Nextera Energy Inc. | 0.02% | 16,039 | $1.5M | Reduce -27.2% |
| FAST Fastenal Co. | 0.02% | 31,860 | $1.5M | Reduce -6.3% |
| WELL Welltower Inc. | 0.02% | 7,205 | $1.4M | Add +13.3% |
| DHR Danaher Corp. | 0.02% | 7,476 | $1.4M | Add +1.0% |
| EQIX Equinix Inc. | 0.02% | 1,393 | $1.4M | No change |
| TEL Te Connectivity PLC | 0.02% | 6,458 | $1.3M | Reduce -46.6% |
| TER Teradyne Inc. | 0.02% | 4,303 | $1.3M | Reduce -24.4% |
| SCCO Southern Copper Corp. | 0.02% | 7,282 | $1.3M | Reduce -83.2% |
| CPRT Copart Inc. | 0.02% | 36,754 | $1.2M | Add +140.8% |
| INTU Intuit Inc. | 0.02% | 2,568 | $1.1M | Reduce -68.7% |
| FTNT Fortinet Inc. | 0.02% | 13,423 | $1.1M | Reduce -1.5% |
| NSC Norfolk Southern Corp. | 0.01% | 3,410 | $979K | Reduce -11.7% |
| CRM Salesforce Inc. | 0.01% | 5,043 | $941K | Reduce -11.3% |
| BHP BHP Group Ltd.-Spon ADR filed as BHP BILLITON LIMITED | 0.01% | 12,025 | $875K | No change |
| ACM Aecom | 0.01% | 10,301 | $874K | Add +163.1% |
| JPM JPMorgan Chase & Co. | 0.01% | 2,873 | $845K | Reduce -25.8% |
| FSLR First Solar Inc. | 0.01% | 4,268 | $842K | Add +33.0% |
| EMR Emerson Electric Co. | 0.01% | 6,239 | $817K | Add +97.2% |
| D Dominion Energy Inc. | 0.01% | 12,448 | $770K | Add +0.3% |
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -1.5% | 5.44% | −1.38 |
| ORCL Oracle Corp. | Reduce -33.7% | 1.29% | −1.15 |
| LLY Eli Lilly & Co. | Reduce -1.1% | 7.16% | −0.84 |
| ADBE Adobe Inc. | Reduce -94.3% | 0.03% | −0.74 |
| AVGO Broadcom Inc. | Reduce -2.1% | 6.50% | −0.52 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -13.6% | 0.92% | −0.48 |
| GPC Genuine Parts Co. | Reduce -60.4% | 0.23% | −0.40 |
| A Agilent Technologies Inc. | Sold out | 0.00% | −0.36 |
| TRMB Trimble Inc. | Reduce -0.3% | 1.54% | −0.21 |
| GOOGL Alphabet Inc. Class A | Reduce -0.6% | 5.77% | −0.20 |
| NVDA Nvidia Corp. | Reduce -0.9% | 5.41% | −0.11 |
| AAPL Apple Inc. | Reduce -0.3% | 6.34% | −0.10 |
| SCCO Southern Copper Corp. | Reduce -83.2% | 0.02% | −0.06 |
| INTU Intuit Inc. | Reduce -68.7% | 0.02% | −0.06 |
| MICC The Magnum Ice Cream Co. NV | Sold out | 0.00% | −0.03 |
| TEL Te Connectivity PLC | Reduce -46.6% | 0.02% | −0.02 |
| BSX Boston Scientific Corp. | Reduce -0.0% | 0.04% | −0.02 |
| META Meta Platforms Inc. Class A | Reduce -21.1% | 0.03% | −0.01 |
| CB Chubb Ltd. | Reduce -63.1% | 0.01% | −0.01 |
| ORLY O'reilly Automotive Inc. | Reduce -16.9% | 0.06% | −0.01 |
| TYL Tyler Technologies Inc. | Reduce -33.6% | 0.01% | −0.01 |
| CSW CSW Industrials Inc. | Reduce -56.8% | 0.00% | −0.01 |
| CRM Salesforce Inc. | Reduce -11.3% | 0.01% | −0.01 |
| SONY Sony Group Corp. - SP ADR | Sold out | 0.00% | −0.01 |
| APH Amphenol Corp. Class A | Reduce -9.5% | 0.06% | −0.01 |
| AMZN Amazon.com Inc. | Reduce -1.4% | 0.09% | −0.01 |
| ECL Ecolab Inc. | Sold out | 0.00% | −0.01 |
| MA Mastercard Inc. Class A | Reduce -4.7% | 0.04% | −0.00 |
| ITRI Itron Inc. | Reduce -57.1% | 0.00% | −0.00 |
| JPM JPMorgan Chase & Co. | Reduce -25.8% | 0.01% | −0.00 |
| IT Gartner Inc. | Sold out | 0.00% | −0.00 |
| PCH Potlatchdeltic Corp. | Sold out | 0.00% | −0.00 |
| EXPO Exponent Inc. | Sold out | 0.00% | −0.00 |
| VIRT Virtu Financial Inc. Class A | Sold out | 0.00% | −0.00 |
| ALC Alcon Inc. | Sold out | 0.00% | −0.00 |
| FBIN Fortune Brands Innovations I | Sold out | 0.00% | −0.00 |
| MCO Moody's Corp. | Reduce -0.1% | 0.03% | −0.00 |
| DVAX Dynavax Technologies Corp. | Sold out | 0.00% | −0.00 |
| NXPI NXP Semiconductors NV | Reduce -31.3% | 0.01% | −0.00 |
| NEE Nextera Energy Inc. | Reduce -27.2% | 0.02% | −0.00 |
| PWR Quanta Services Inc. | Reduce -31.7% | 0.04% | −0.00 |
| IBM Intl Business Machines Corp. | Reduce -16.6% | 0.01% | −0.00 |
| CCJ Cameco Corp. | Reduce -32.4% | 0.01% | −0.00 |
| PG The Procter & Gamble Co. | Reduce -11.3% | 0.03% | −0.00 |
| ZS Zscaler Inc. | Reduce -2.1% | 0.00% | −0.00 |
| SAN Banco Santander SA-Spon ADR | Reduce -26.6% | 0.00% | −0.00 |
| PANW Palo Alto Networks Inc. | Reduce -15.5% | 0.00% | −0.00 |
| B Barrick Mining Corp. | Reduce -0.1% | 0.12% | −0.00 |
| MAA Mid-America Apartment Comm | Reduce -8.1% | 0.01% | −0.00 |
| NSC Norfolk Southern Corp. | Reduce -11.7% | 0.01% | −0.00 |
Portfolio Buys Q4 2025 → Q1 2026
| WM Waste Management Inc. | Add +65.6% | 0.87% | +0.40 |
| AZN Astrazeneca PLC | Add +0.5% | 2.27% | +0.28 |
| CHD Church & Dwight Co. Inc. | Add +0.3% | 1.56% | +0.24 |
| SYK Stryker Corp. | Add +15.8% | 1.69% | +0.22 |
| LIN Linde PLC | Add +0.8% | 0.99% | +0.19 |
| CSCO Cisco Systems Inc. | Add +2.6% | 1.95% | +0.17 |
| UL Unilever PLC-Sponsored ADR | Add +38.0% | 0.64% | +0.14 |
| APD Air Products & Chemicals Inc. | Add +5.3% | 0.50% | +0.12 |
| TXN Texas Instruments Inc. | Add +0.0% | 0.70% | +0.11 |
| CRH CRH PLC | Add +51.4% | 0.39% | +0.10 |
| AZO AutoZone Inc. | Add +0.1% | 1.94% | +0.10 |
| FERG Ferguson Enterprises Inc. | Add +1.1% | 0.79% | +0.09 |
| CNI Canadian Natl Railway Co. | Add +4.2% | 0.58% | +0.07 |
| MRK Merck & Co. Inc. | Add +11.7% | 0.27% | +0.07 |
| SQM Quimica Y Minera Chil-SP ADR | Add +9.5% | 0.14% | +0.04 |
| COP Conocophillips | New | 0.03% | +0.03 |
| RIO Rio Tinto PLC-Spon ADR | Add +0.8% | 0.14% | +0.03 |
| HD Home Depot Inc. | Add +7.4% | 0.32% | +0.03 |
| KVUE Kenvue Inc. | Add +0.0% | 0.41% | +0.02 |
| ABBV Abbvie Inc. | Add +0.2% | 2.39% | +0.02 |
| NICE Nice Ltd. - Spon ADR | Add +56.9% | 0.05% | +0.02 |
| ROST Ross Stores Inc. | Add +31.1% | 0.03% | +0.01 |
| EME Emcor Group Inc. | Add +52.3% | 0.03% | +0.01 |
| PSX Phillips 66 | Add +48.2% | 0.02% | +0.01 |
| NKE Nike Inc. Class B | Add +18.5% | 0.26% | +0.01 |
| CPRT Copart Inc. | Add +140.8% | 0.02% | +0.01 |
| GEHC GE Healthcare Technology | New | 0.01% | +0.01 |
| ACM Aecom | Add +163.1% | 0.01% | +0.01 |
| GSK GSK PLC-Spon ADR | Add +14.3% | 0.03% | +0.01 |
| EMR Emerson Electric Co. | Add +97.2% | 0.01% | +0.01 |
| MU Micron Technology Inc. | Add +83.7% | 0.01% | +0.00 |
| WELL Welltower Inc. | Add +13.3% | 0.02% | +0.00 |
| RYN Rayonier Inc. | New | 0.00% | +0.00 |
| RSG Republic Services Inc. | Add +1.5% | 0.04% | +0.00 |
| GLW Corning Inc. | New | 0.00% | +0.00 |
| XOM Exxon Mobil Corp. | New | 0.00% | +0.00 |
| DOX Amdocs Ltd. | New | 0.00% | +0.00 |
| AMAT Applied Materials Inc. | Add +34.2% | 0.01% | +0.00 |
| CVX Chevron Corp. | New | 0.00% | +0.00 |
| URI United Rentals Inc. | New | 0.00% | +0.00 |
| CAT Caterpillar Inc. | New | 0.00% | +0.00 |
| V Visa Inc. Class A | Add +36.5% | 0.01% | +0.00 |
| ENPH Enphase Energy Inc. | Add +4.2% | 0.01% | +0.00 |
| D Dominion Energy Inc. | Add +0.3% | 0.01% | +0.00 |
| FSLR First Solar Inc. | Add +33.0% | 0.01% | +0.00 |
| SNN Smith & Nephew PLC -Spon ADR | Add +10.1% | 0.01% | +0.00 |
| SITM Sitime Corp. | Add +1.0% | 0.00% | +0.00 |
| FND Floor & Decor Holdings Inc. Class A | Add +5.8% | 0.01% | −0.00 |
| DHR Danaher Corp. | Add +1.0% | 0.02% | −0.00 |
| SAP Sap SE-Sponsored ADR | Add +22.4% | 0.07% | −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 |