Trillium Asset Management, LLC

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), Trillium Asset Management, LLC reported 240 stock positions worth $4.1 billion. Its top holding was Microsoft (MSFT) at 6.6% of the portfolio, followed by Nvidia (NVDA, 5.1%) and Apple (AAPL, 4.3%). Compared with Q2 2024, it opened 12 new positions, sold out of 8, added to 35 and reduced 160. The biggest buy was Ferguson Enterprises (FERG, shares +995%) and the biggest sale Alphabet Class A (GOOGL, shares −9%).

Most Recent 13F
Q2 2026
Location
BOSTON, MA
CIK
0000884541
Portfolio Value
$4.1B (Q3 2024)
SEC Filing
0001085146-24-005416 ↗ filed Nov 7, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $3.9B Q1 2024 Q2 2024: $4.0B Q2 2024 Q3 2024: $4.1B $4.1B Q3 2024 Q4 2024: $3.9B Q4 2024 Q1 2025: $3.5B Q1 2025 Q2 2025: $3.7B Q2 2025 Q3 2025: $3.8B Q3 2025 Q4 2025: $3.3B Q4 2025 Q1 2026: $3.0B Q1 2026 Q2 2026: $3.3B Q2 2026

Holdings 240 stocks · $4.1B
MSFT Microsoft Corp. 6.56% 620,974 $267.2M Reduce -2.5%
NVDA Nvidia Corp. 5.10% 1,711,385 $207.8M Reduce -9.5%
AAPL Apple Inc. 4.35% 759,631 $177.0M Add +0.9%
GOOGL Alphabet Inc. Class A 3.84% 943,582 $156.5M Reduce -8.7%
MA Mastercard Inc. Class A 2.10% 173,234 $85.5M Reduce -2.0%
NOW ServiceNow Inc. 1.94% 88,152 $78.8M Add +13.8%
TJX TJX Companies Inc. filed as TJX COS INC NEW 1.78% 615,684 $72.4M Reduce -1.6%
PANW Palo Alto Networks Inc. 1.63% 194,779 $66.6M Reduce -2.8%
ADBE Adobe Inc. 1.56% 122,450 $63.4M Add +3.9%
ECL Ecolab Inc. 1.38% 220,272 $56.2M Reduce -2.1%
COST Costco Wholesale Corp. 1.36% 62,453 $55.4M Reduce -0.7%
AZN Astrazeneca PLC-Spons ADR 1.34% 701,923 $54.7M Reduce -1.6%
TMO Thermo Fisher Scientific Inc. 1.33% 87,695 $54.2M Reduce -2.0%
UL Unilever PLC 1.32% 829,538 $53.9M Reduce -2.2%
ELV Elevance Health Inc. 1.28% 100,519 $52.3M Add +17.2%
ETN Eaton Corp. PLC 1.21% 149,023 $49.4M Reduce -16.4%
AWK American Water Works Co. Inc. 1.17% 324,987 $47.5M Reduce -2.1%
TSM Taiwan Semiconductor-SP ADR 1.15% 270,100 $46.9M Reduce -4.6%
TGT Target Corp. 1.15% 299,341 $46.7M Reduce -1.7%
PNC PNC Financial Services Group 1.13% 249,358 $46.1M Reduce -2.1%
AMT American Tower Corp. 1.12% 196,076 $45.6M Reduce -1.5%
ASML ASML Holding NV-NY Reg SHS 1.11% 54,083 $45.1M Reduce -3.0%
MRK Merck & Co. Inc. 1.09% 392,321 $44.6M Reduce -1.4%
JLL Jones Lang Lasalle Inc. 1.09% 164,146 $44.3M Add +14.6%
TRV The Travelers Cos Inc. 1.06% 184,837 $43.3M Reduce -38.3%
TT Trane Technologies PLC 1.02% 107,025 $41.6M Reduce -9.3%
BFAM Bright Horizons Family Solut 1.01% 292,770 $41.0M Reduce -3.0%
MKC McCormick & Co.-Non VTG SHRS 1.00% 494,377 $40.7M Reduce -2.8%
FSLR First Solar Inc. 0.98% 160,065 $39.9M Reduce -4.5%
ACN Accenture PLC Class A 0.98% 112,843 $39.9M Reduce -1.2%
CMG Chipotle Mexican Grill Inc. 0.94% 667,053 $38.4M Add +23.0%
WAB Wabtec Corp. 0.94% 210,273 $38.2M Reduce -3.6%
AFL Aflac Inc. 0.93% 340,185 $38.0M Reduce -0.9%
ICE Intercontinental Exchange Inc. 0.86% 218,443 $35.1M Add +247.8%
HD Home Depot Inc. 0.86% 86,171 $34.9M Reduce -0.9%
PLD Prologis Inc. 0.86% 275,843 $34.8M Reduce -1.9%
UNP Union Pacific Corp. 0.85% 141,218 $34.8M Add +81.9%
NXPI NXP Semiconductors NV 0.83% 141,549 $34.0M Reduce -0.8%
V Visa Inc. Class A 0.82% 120,803 $33.2M Reduce -2.1%
FERG Ferguson Enterprises Inc. 0.80% 164,239 $32.5M Add +995.1%
BALL Ball Corp. 0.80% 476,797 $32.4M Reduce -6.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.77% 785,115 $31.2M Reduce -1.2%
SYK Stryker Corp. 0.75% 84,885 $30.7M Add +0.5%
LULU Lululemon Athletica Inc. 0.75% 112,291 $30.5M Reduce -2.9%
NFLX Netflix Inc. 0.74% 42,343 $30.0M Add +0.7%
LIN Linde PLC 0.72% 61,884 $29.5M Reduce -3.0%
JBHT Hunt (jb) Transprt SVCS Inc. 0.72% 170,137 $29.3M Add +9.7%
NVO Novo-Nordisk A/S-Spons ADR 0.69% 236,397 $28.1M Reduce -0.4%
XYL Xylem Inc. 0.67% 202,782 $27.4M Add +134.4%
VRSK Verisk Analytics Inc. 0.63% 95,520 $25.6M Reduce -1.8%
TTEK Tetra Tech Inc. 0.61% 530,457 $25.0M Reduce -1.5%
PWR Quanta Services Inc. 0.61% 83,859 $25.0M Reduce -18.3%
EQIX Equinix Inc. 0.61% 27,993 $24.8M Reduce -0.1%
SBUX Starbucks Corp. 0.60% 250,730 $24.4M Reduce -11.2%
PG The Procter & Gamble Co. 0.59% 139,798 $24.2M Reduce -2.7%
UNH Unitedhealth Group Inc. 0.58% 40,614 $23.7M Add +0.9%
ORA Ormat Technologies Inc. 0.58% 308,485 $23.7M Reduce -2.0%
APTV Aptiv Irish Holdings Ltd. filed as APTIV PLC 0.56% 315,518 $22.7M Reduce -16.3%
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.56% 215,701 $22.6M Add +16.9%
EWBC East West Bancorp Inc. 0.54% 266,265 $22.0M Reduce -2.4%
PGR Progressive Corp. 0.54% 86,473 $21.9M Add +0.6%
DECK Deckers Outdoor Corp. 0.54% 137,255 $21.9M Add +6.7%
AZO AutoZone Inc. 0.52% 6,754 $21.3M Add +249.8%
SHOP Shopify Inc. Class A 0.49% 250,116 $20.0M Add +46.8%
WM Waste Management Inc. 0.49% 95,486 $19.8M Reduce -2.0%
VZ Verizon Communications Inc. 0.45% 407,341 $18.3M Reduce -0.5%
ROK Rockwell Automation Inc. 0.45% 67,527 $18.1M Add +3.9%
HXL Hexcel Corp. 0.44% 286,864 $17.7M Reduce -1.3%
AVY Avery Dennison Corp. 0.43% 79,207 $17.5M Add +0.7%
ALLY Ally Financial Inc. 0.43% 488,027 $17.4M New
FITB Fifth Third Bancorp 0.42% 400,205 $17.1M Add +0.2%
VMI Valmont Industries 0.42% 58,986 $17.1M Reduce -1.5%
MAR Marriott International Class A 0.42% 68,479 $17.0M Reduce -3.4%
LPLA LPL Financial Holdings Inc. 0.40% 70,310 $16.4M Reduce -59.6%
NEE Nextera Energy Inc. 0.39% 188,874 $16.0M Add +6.7%
ALC Alcon Inc. filed as ALCON AG 0.39% 158,774 $15.9M Reduce -3.3%
EHC Encompass Health Corp. 0.39% 162,792 $15.7M Add +176.3%
IQV Iqvia Holdings Inc. 0.38% 66,120 $15.7M Reduce -2.9%
UPS United Parcel Service Class B 0.38% 113,003 $15.4M Reduce -38.1%
NVT Nvent Electric PLC 0.38% 218,589 $15.4M Add +25.1%
CDNS Cadence Design SYS Inc. 0.37% 55,852 $15.1M New
SPOT Spotify Technology SA 0.36% 39,346 $14.5M Add +50.2%
IPGP Ipg Photonics Corp. 0.35% 189,121 $14.1M Reduce -2.9%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.34% 193,418 $13.9M Reduce -3.7%
SBAC SBA Communications Corp. 0.33% 56,583 $13.6M Reduce -2.9%
GILD Gilead Sciences Inc. 0.32% 155,917 $13.1M Reduce -3.3%
MYRG MYR Group Inc./Delaware 0.31% 125,229 $12.8M Add +28.9%
LW Lamb Weston Holdings Inc. 0.31% 197,058 $12.8M Reduce -2.5%
CYBR Cyberark Software Ltd./Israel 0.31% 43,524 $12.7M Reduce -1.5%
SYY Sysco Corp. 0.31% 160,898 $12.6M Add +0.6%
MSCI MSCI Inc. 0.31% 21,433 $12.5M Reduce -3.5%
MMSI Merit Medical Systems Inc. 0.29% 118,600 $11.7M Reduce -1.5%
BURL Burlington Stores Inc. 0.28% 43,379 $11.4M Reduce -1.5%
MELI MercadoLibre Inc. 0.28% 5,527 $11.3M Reduce -3.8%
NKE Nike Inc. Class B 0.28% 127,991 $11.3M Reduce -17.6%
BJ Bj's Wholesale Club Holdings filed as BJS WHSL CLUB HLDGS INC 0.27% 135,673 $11.2M Reduce -1.5%
TREX Trex Company Inc. 0.26% 161,425 $10.7M Add +12.7%
ADSK Autodesk Inc. 0.26% 38,543 $10.6M Reduce -4.1%
CSCO Cisco Systems Inc. 0.26% 198,775 $10.6M Add +82.4%
DT Dynatrace Inc. 0.25% 188,477 $10.1M Reduce -0.9%

Show all 240 holdings

Portfolio Sells Q2 2024 → Q3 2024
GOOGL Alphabet Inc. Class A Reduce -8.7% 3.84% −0.91
LPLA LPL Financial Holdings Inc. Reduce -59.6% 0.40% −0.83
NVDA Nvidia Corp. Reduce -9.5% 5.10% −0.80
INTC Intel Corp. Reduce -97.6% 0.01% −0.63
MSFT Microsoft Corp. Reduce -2.5% 6.56% −0.63
TSCO Tractor Supply Company Reduce -72.0% 0.25% −0.59
TRV The Travelers Cos Inc. Reduce -38.3% 1.06% −0.48
ASML ASML Holding NV-NY Reg SHS Reduce -3.0% 1.11% −0.33
DGX Quest Diagnostics Inc. Reduce -68.6% 0.15% −0.28
UPS United Parcel Service Class B Reduce -38.1% 0.38% −0.25
WOLF Wolfspeed Inc. Reduce -94.9% 0.00% −0.22
CVS CVS Health Corp. Reduce -96.3% 0.01% −0.21
ETN Eaton Corp. PLC Reduce -16.4% 1.21% −0.20
CP Canadian Pacific Kansas City Sold out 0.00% −0.18
NVO Novo-Nordisk A/S-Spons ADR Reduce -0.4% 0.69% −0.16
MRK Merck & Co. Inc. Reduce -1.4% 1.09% −0.15
WST West Pharmaceutical Services Reduce -87.9% 0.02% −0.14
NXPI NXP Semiconductors NV Reduce -0.8% 0.83% −0.14
LULU Lululemon Athletica Inc. Reduce -2.9% 0.75% −0.12
LW Lamb Weston Holdings Inc. Reduce -2.5% 0.31% −0.12
APTV Aptiv Irish Holdings Ltd. Reduce -16.3% 0.56% −0.11
COLB Columbia Banking System Inc. Sold out 0.00% −0.10
TSM Taiwan Semiconductor-SP ADR Reduce -4.6% 1.15% −0.09
EW Edwards Lifesciences Corp. Reduce -3.9% 0.17% −0.08
PANW Palo Alto Networks Inc. Reduce -2.8% 1.63% −0.08
LKQ LKQ Corp. Sold out 0.00% −0.08
IPGP Ipg Photonics Corp. Reduce -2.9% 0.35% −0.07
AZTA Azenta Inc. Sold out 0.00% −0.07
PAYC Paycom Software Inc. Sold out 0.00% −0.06
AZN Astrazeneca PLC-Spons ADR Reduce -1.6% 1.34% −0.06
AMAT Applied Materials Inc. Reduce -3.9% 0.22% −0.05
LEVI Levi Strauss & Co. Class A Reduce -36.8% 0.11% −0.05
PWR Quanta Services Inc. Reduce -18.3% 0.61% −0.04
ALGM Allegro Microsystems Inc. Reduce -2.6% 0.16% −0.04
VITL Vital Farms Inc. Reduce -4.2% 0.10% −0.04
WM Waste Management Inc. Reduce -2.0% 0.49% −0.04
DPZ Domino's Pizza Inc. Reduce -2.1% 0.13% −0.03
VRSK Verisk Analytics Inc. Reduce -1.8% 0.63% −0.03
BAC Bank of America Corp. Reduce -1.2% 0.77% −0.03
BJ Bj's Wholesale Club Holdings Reduce -1.5% 0.27% −0.03
ROG Rogers Corp. Reduce -3.5% 0.21% −0.03
HDB HDFC Bank Ltd.-ADR Reduce -6.1% 0.23% −0.03
NXT Nextpower Inc. Reduce -4.1% 0.08% −0.03
ICLR Icon PLC Reduce -1.9% 0.18% −0.03
HXL Hexcel Corp. Reduce -1.3% 0.44% −0.02
DIS The Walt Disney Co. Reduce -3.8% 0.22% −0.02
MSA Msa Safety Inc. Reduce -1.4% 0.19% −0.02
SEDG Solaredge Technologies Inc. Sold out 0.00% −0.02
NKE Nike Inc. Class B Reduce -17.6% 0.28% −0.02
ETSY Etsy Inc. Reduce -3.2% 0.12% −0.02

Portfolio Buys Q2 2024 → Q3 2024
FERG Ferguson Enterprises Inc. Add +995.1% 0.80% +0.73
ICE Intercontinental Exchange Inc. Add +247.8% 0.86% +0.64
ALLY Ally Financial Inc. New 0.43% +0.43
UNP Union Pacific Corp. Add +81.9% 0.85% +0.41
NOW ServiceNow Inc. Add +13.8% 1.94% +0.40
AZO AutoZone Inc. Add +249.8% 0.52% +0.38
XYL Xylem Inc. Add +134.4% 0.67% +0.38
CDNS Cadence Design SYS Inc. New 0.37% +0.37
JLL Jones Lang Lasalle Inc. Add +14.6% 1.09% +0.34
AAPL Apple Inc. Add +0.9% 4.35% +0.34
EHC Encompass Health Corp. Add +176.3% 0.39% +0.26
SHOP Shopify Inc. Class A Add +46.8% 0.49% +0.21
SPOT Spotify Technology SA Add +50.2% 0.36% +0.15
SITM Sitime Corp. New 0.14% +0.14
CSCO Cisco Systems Inc. Add +82.4% 0.26% +0.13
IFF Intl Flavors & Fragrances Add +16.9% 0.56% +0.11
ELV Elevance Health Inc. Add +17.2% 1.28% +0.11
ULTA Ulta Beauty Inc. New 0.11% +0.11
EXAS Exact Sciences Corp. New 0.10% +0.10
JBHT Hunt (jb) Transprt SVCS Inc. Add +9.7% 0.72% +0.09
PGR Progressive Corp. Add +0.6% 0.54% +0.09
CMG Chipotle Mexican Grill Inc. Add +23.0% 0.94% +0.09
CFLT Confluent Inc. Class A New 0.08% +0.08
NEE Nextera Energy Inc. Add +6.7% 0.39% +0.08
UNH Unitedhealth Group Inc. Add +0.9% 0.58% +0.07
LOB Live Oak Bancshares Inc. Add +14.4% 0.16% +0.05
FITB Fifth Third Bancorp Add +0.2% 0.42% +0.05
NVT Nvent Electric PLC Add +25.1% 0.38% +0.04
SYK Stryker Corp. Add +0.5% 0.75% +0.03
NFLX Netflix Inc. Add +0.7% 0.74% +0.02
SYY Sysco Corp. Add +0.6% 0.31% +0.02
DECK Deckers Outdoor Corp. Add +6.7% 0.54% +0.01
CBRE CBRE Group Inc. Class A New 0.01% +0.01
YETI Yeti Holdings Inc. Add +1.2% 0.11% +0.01
GLW Corning Inc. New 0.01% +0.01
FISV Fiserv Inc. New 0.01% +0.01
GEV GE Vernova Inc. New 0.01% +0.01
CB Chubb Ltd. New 0.01% +0.01
WMT Walmart Inc. New 0.01% +0.01
IBM Intl Business Machines Corp. Add +0.0% 0.01% +0.00
VRTX Vertex Pharmaceuticals Inc. Add +2.9% 0.21% −0.00
INTU Intuit Inc. Add +0.1% 0.02% −0.00
TREX Trex Company Inc. Add +12.7% 0.26% −0.00
AVY Avery Dennison Corp. Add +0.7% 0.43% −0.01
ROK Rockwell Automation Inc. Add +3.9% 0.45% −0.01
MYRG MYR Group Inc./Delaware Add +28.9% 0.31% −0.02
ADBE Adobe Inc. Add +3.9% 1.56% −0.10

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 230$3.3BNVDA, GOOGL, AAPL, MSFT, PANW
Q1 2026 230$3.0BNVDA, GOOGL, MSFT, AAPL, TJX
Q4 2025 232$3.3BNVDA, MSFT, GOOGL, AAPL, MA
Q3 2025 233$3.8BNVDA, MSFT, GOOGL, AAPL, MA
Q2 2025 229$3.7BMSFT, NVDA, AAPL, GOOGL, MA
Q1 2025 226$3.5BMSFT, NVDA, AAPL, GOOGL, MA
Q4 2024 232$3.9BMSFT, NVDA, AAPL, GOOGL, MA
Q3 2024 240$4.1BMSFT, NVDA, AAPL, GOOGL, MA
Q2 2024 236$4.0BMSFT, NVDA, GOOGL, AAPL, MA
Q1 2024 235$3.9BMSFT, NVDA, GOOGL, AAPL, MA