Triodos Investment Management BV
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 12, 2024), Triodos Investment Management BV reported 49 stock positions worth $1.3 billion. Its top holding was Advanced Drainage Systems (WMS) at 5.9% of the portfolio, followed by Nvidia (NVDA, 5.7%) and Elevance Health (ELV, 4.1%). Compared with Q2 2024, it opened 5 new positions, sold out of 3, added to 24 and reduced 4. The biggest buy was a new position in Smurfit Westrock (SW) and the biggest sale an exit from Nike Class B (NKE).
- Most Recent 13F
- Q2 2026
- Location
- DRIEBERGEN-RIJSENBURG, P7
- CIK
- 0001748729
- Portfolio Value
- $1.3B (Q3 2024)
- SEC Filing
- 0001748729-24-000015 ↗ filed Nov 12, 2024
Holdings Value
Holdings 49 stocks · $1.3B
| WMS Advanced Drainage Systems Inc. | 5.94% | 479,311 | $75.3M | No change |
| NVDA Nvidia Corp. | 5.66% | 591,270 | $71.8M | Add +0.1% |
| ELV Elevance Health Inc. | 4.10% | 100,030 | $52.0M | Add +0.2% |
| ISRG Intuitive Surgical Inc. | 4.02% | 103,737 | $51.0M | No change |
| KLAC KLA Corp. | 3.79% | 62,101 | $48.1M | Add +1.1% |
| PG The Procter & Gamble Co. | 3.79% | 277,295 | $48.0M | Add +0.1% |
| MA Mastercard Inc. Class A | 3.78% | 97,164 | $48.0M | Add +1.1% |
| EBAY eBay Inc. | 3.65% | 710,498 | $46.3M | Add +1.9% |
| ADBE Adobe Inc. | 3.52% | 86,137 | $44.6M | Add +3.9% |
| DE Deere & Co. | 3.37% | 102,350 | $42.7M | No change |
| TSM Taiwan Semiconductor-SP ADR | 3.22% | 234,753 | $40.8M | No change |
| GEN Gen Digital Inc. | 3.03% | 1,402,038 | $38.5M | Add +1.0% |
| PANW Palo Alto Networks Inc. | 2.97% | 110,150 | $37.6M | Add +0.5% |
| EW Edwards Lifesciences Corp. | 2.65% | 509,258 | $33.6M | Add +24.8% |
| RMD Resmed Inc. | 2.60% | 135,200 | $33.0M | Add +2.6% |
| DAR Darling Ingredients Inc. | 2.50% | 852,214 | $31.7M | Add +0.3% |
| AKAM Akamai Technologies Inc. | 2.40% | 301,924 | $30.5M | Add +0.6% |
| SW Smurfit Westrock PLC | 2.40% | 615,234 | $30.4M | New |
| OLED Universal Display Corp. | 2.28% | 137,700 | $28.9M | No change |
| MWA Mueller Water Products Inc. Class A | 2.26% | 1,320,500 | $28.7M | Reduce -4.1% |
| PLNT Planet Fitness Inc. Class A | 2.22% | 347,000 | $28.2M | Reduce -9.4% |
| XYL Xylem Inc. | 2.21% | 207,700 | $28.0M | Add +33.1% |
| T AT&T Inc. | 2.06% | 1,185,765 | $26.1M | No change |
| CWT California Water Service Grp | 1.92% | 448,000 | $24.3M | No change |
| FSLR First Solar Inc. | 1.87% | 95,200 | $23.7M | No change |
| ENPH Enphase Energy Inc. | 1.87% | 209,311 | $23.7M | No change |
| AYI Acuity Inc. | 1.84% | 84,800 | $23.4M | Add +9.0% |
| ALLE Allegion PLC | 1.82% | 158,000 | $23.0M | No change |
| GNTX Gentex Corp. | 1.76% | 751,000 | $22.3M | No change |
| OC Owens Corning | 1.73% | 124,000 | $21.9M | No change |
| STRA Strategic Education Inc. | 1.61% | 220,000 | $20.4M | No change |
| HAIN Hain Celestial Group Inc. | 1.50% | 550,000 | $19.0M | Reduce -11.3% |
| NOMD Nomad Foods Ltd. | 1.46% | 971,079 | $18.5M | No change |
| MSA Msa Safety Inc. | 1.43% | 102,000 | $18.1M | New |
| ARE Alexandria Real Estate Equit | 1.34% | 143,250 | $17.0M | New |
| WTS Watts Water Technologies-A | 1.24% | 76,000 | $15.7M | New |
| BMI Badger Meter Inc. | 1.12% | 65,000 | $14.2M | No change |
| INGR Ingredion Inc. | 0.56% | 52,000 | $7.1M | New |
| HASI Ha Sustainable Infrastructur | 0.42% | 620,000 | $5.4M | Add +12.7% |
| TPICQ Tpi Composites Inc. | 0.34% | 934,000 | $4.2M | No change |
| HOLX Hologic Inc. | 0.23% | 35,250 | $2.9M | Add +28.2% |
| BLKB Blackbaud Inc. | 0.22% | 33,500 | $2.8M | Add +47.3% |
| COO The Cooper Cos Inc. | 0.22% | 25,000 | $2.8M | Add +33.3% |
| ZWS Zurn Elkay Water Solutions C | 0.21% | 74,000 | $2.7M | Add +60.9% |
| LRN Stride Inc. | 0.21% | 31,000 | $2.6M | Add +12.7% |
| RVTY Revvity Inc. | 0.21% | 20,600 | $2.6M | Add +32.0% |
| BFAM Bright Horizons Family Solut | 0.17% | 15,000 | $2.1M | Add +15.4% |
| KIDS Orthopediatrics Corp. | 0.15% | 72,000 | $2.0M | Add +73.5% |
| PWSC Powerschool Holdings Inc. Class A | 0.14% | 77,500 | $1.8M | Reduce -16.2% |
Portfolio Sells Q2 2024 → Q3 2024
| NKE Nike Inc. Class B | Sold out | 0.00% | −1.95 |
| WOLF Wolfspeed Inc. | Sold out | 0.00% | −0.69 |
| SEDG Solaredge Technologies Inc. | Sold out | 0.00% | −0.37 |
| PLNT Planet Fitness Inc. Class A | Reduce -9.4% | 2.22% | −0.24 |
| PWSC Powerschool Holdings Inc. Class A | Reduce -16.2% | 0.14% | −0.04 |
| MWA Mueller Water Products Inc. Class A | Reduce -4.1% | 2.26% | +0.10 |
| HAIN Hain Celestial Group Inc. | Reduce -11.3% | 1.50% | +1.12 |
Portfolio Buys Q2 2024 → Q3 2024
| SW Smurfit Westrock PLC | New | 2.40% | +2.40 |
| MSA Msa Safety Inc. | New | 1.43% | +1.43 |
| ARE Alexandria Real Estate Equit | New | 1.34% | +1.34 |
| WTS Watts Water Technologies-A | New | 1.24% | +1.24 |
| INGR Ingredion Inc. | New | 0.56% | +0.56 |
| RMD Resmed Inc. | Add +2.6% | 2.60% | +0.40 |
| EBAY eBay Inc. | Add +1.9% | 3.65% | +0.38 |
| XYL Xylem Inc. | Add +33.1% | 2.21% | +0.36 |
| AYI Acuity Inc. | Add +9.0% | 1.84% | +0.20 |
| ZWS Zurn Elkay Water Solutions C | Add +60.9% | 0.21% | +0.09 |
| MA Mastercard Inc. Class A | Add +1.1% | 3.78% | +0.08 |
| COO The Cooper Cos Inc. | Add +33.3% | 0.22% | +0.07 |
| BLKB Blackbaud Inc. | Add +47.3% | 0.22% | +0.07 |
| RVTY Revvity Inc. | Add +32.0% | 0.21% | +0.06 |
| KIDS Orthopediatrics Corp. | Add +73.5% | 0.15% | +0.05 |
| HOLX Hologic Inc. | Add +28.2% | 0.23% | +0.05 |
| AKAM Akamai Technologies Inc. | Add +0.6% | 2.40% | +0.04 |
| BFAM Bright Horizons Family Solut | Add +15.4% | 0.17% | +0.04 |
| LRN Stride Inc. | Add +12.7% | 0.21% | +0.04 |
| GEN Gen Digital Inc. | Add +1.0% | 3.03% | +0.00 |
| PG The Procter & Gamble Co. | Add +0.1% | 3.79% | −0.20 |
| DAR Darling Ingredients Inc. | Add +0.3% | 2.50% | −0.23 |
| PANW Palo Alto Networks Inc. | Add +0.5% | 2.97% | −0.28 |
| ADBE Adobe Inc. | Add +3.9% | 3.52% | −0.51 |
| ELV Elevance Health Inc. | Add +0.2% | 4.10% | −0.62 |
| KLAC KLA Corp. | Add +1.1% | 3.79% | −0.63 |
| EW Edwards Lifesciences Corp. | Add +24.8% | 2.65% | −0.64 |
| NVDA Nvidia Corp. | Add +0.1% | 5.66% | −0.71 |
| HASI Ha Sustainable Infrastructur | Add +12.7% | 0.42% | −1.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 50 | $1.6B | KLAC, TSM, PANW, WMS, NVDA |
| Q1 2026 | 49 | $1.3B | TSM, WMS, KLAC, NVDA, DAR |
| Q4 2025 | 51 | $1.4B | WMS, NVDA, TSM, KLAC, FSLR |
| Q3 2025 | 50 | $1.4B | NVDA, WMS, KLAC, TSM, MA |
| Q2 2025 | 50 | $1.3B | NVDA, KLAC, WMS, TSM, MA |
| Q1 2025 | 50 | $1.2B | WMS, NVDA, MA, KLAC, DE |
| Q4 2024 | 49 | $1.2B | NVDA, WMS, MA, ISRG, KLAC |
| Q3 2024 | 49 | $1.3B | WMS, NVDA, ELV, ISRG, KLAC |
| Q2 2024 | 47 | $1.1B | WMS, NVDA, ELV, KLAC, ISRG |
| Q1 2024 | 47 | $1.1B | WMS, NVDA, ELV, ISRG, PG |