SATURNA CAPITAL CORP
CIK 1316617 · View on SEC EDGAR ↗
- Portfolio value
- $8.2B
- Positions
- 140
- As of
- June 30, 2026
#565 of 9,443 by 13F value · top 6.0%
Portfolio value QoQ: +15.0% 13F does not disclose cash
- Top 10 holdings weight
- 58.59%
- Top 25 holdings weight
- 86.50%
- Positions above 1%
- 27
- Effective number of positions
- 22.7
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 7.5% Est. buys $574,696,833 · sells $755,878,976
Median holding: 7.0 quarters Tracked Q4 2024–Q2 2026 · 71.4% still held
- New positions
- 4
- Increased
- 74
- Decreased
- 38
- Closed
- 12
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
Performance vs S&P 500
Annualized: +25.5% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 99.7% · Options excluded: 0.0%
Sector breakdown
Technology
47.4%
Industrials
16.1%
Healthcare
15.8%
Communication Services
5.9%
Retail
5.4%
Consumer products
3.7%
Communications
2.8%
Materials
2.0%
Logistics & Transportation
0.5%
Consumer Discretionary
0.2%
Financial Services
0.1%
Real Estate
0.1%
Consumer Staples
0.0%
Utilities
0.0%
Telecommunication
0.0%
Energy
0.0%
Financials
0.0%
Full portfolio 140 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $807,904,387 | 9.86% | 1,864,582 | $134,673,854 | Down ×3 | ||
| AVGO Broadcom Inc. - Common Stock | $558,841,710 | 6.82% | 1,445,853 | $95,449,502 | Down ×4 | ||
| AAPL Apple Inc. - Common Stock | $545,403,681 | 6.66% | 1,774,020 | $93,622,360 | Down ×6 | ||
| LLY Eli Lilly and Company Common Stock | $539,423,402 | 6.58% | 460,411 | $28,855,396 | Down ×6 | ||
| MSFT Microsoft Corporation - Common Stock | $480,227,883 | 5.86% | 1,106,228 | $92,561,243 | Up ×1 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $478,900,067 | 5.84% | 1,344,465 | $67,343,044 | Down ×3 | ||
| NVDA NVIDIA Corporation - Common Stock | $441,468,622 | 5.39% | 2,199,411 | $56,220,591 | Down ×6 | ||
| ASML ASML Holding N.V. - New York Registry Shares | $410,897,029 | 5.01% | 250,553 | $-7,353,036 | Down ×3 | ||
| JCI Johnson Controls International plc Ordinary Share | $286,940,557 | 3.50% | 1,958,722 | $-54,110,599 | Down ×4 | ||
| AMD Advanced Micro Devices, Inc. - Common Stock | $250,824,233 | 3.06% | 521,947 | $165,152,943 | Up ×1 | ||
| ABBV AbbVie Inc. Common Stock | $240,562,538 | 2.94% | 958,069 | $70,556,912 | Up ×6 | ||
| CSCO Cisco Systems, Inc. - Common Stock | $226,151,258 | 2.76% | 1,938,996 | $87,378,207 | Up ×2 | ||
| TJX TJX Companies, Inc. (The) Common Stock | $191,173,777 | 2.33% | 1,217,439 | $-3,684,977 | Down ×4 | ||
| TT Trane Technologies plc | $183,137,321 | 2.23% | 402,085 | $15,719,527 | Up ×1 | ||
| NOW ServiceNow, Inc. Common Stock | $180,681,485 | 2.20% | 1,626,465 | $60,311,711 | Up ×6 | ||
| SYK Stryker Corporation Common Stock | $176,745,963 | 2.16% | 543,257 | $56,017,725 | Up ×2 | ||
| AZN AstraZeneca PLC - American Depositary Shares | $155,070,440 | 1.89% | 911,933 | $-6,899,739 | Up ×1 | ||
| ROK Rockwell Automation, Inc. Common Stock | $149,447,324 | 1.82% | 301,865 | $41,251,823 | Up ×2 | ||
| WM Waste Management, Inc. Common Stock | $134,976,281 | 1.65% | 595,907 | $72,717,898 | Up ×5 | ||
| CHD Church & Dwight Company, Inc. Common Stock | $132,218,484 | 1.61% | 1,338,490 | $21,197,920 | Up ×2 | ||
| GWW W.W. Grainger, Inc. Common Stock | $111,691,561 | 1.36% | 82,102 | $22,251,686 | Up ×1 | ||
| CRH CRH PLC Ordinary Shares | $110,024,314 | 1.34% | 1,104,177 | $82,235,316 | Up ×4 | ||
| LOW Lowe's Companies, Inc. Common Stock | $99,811,609 | 1.22% | 479,497 | $1,889,616 | Up ×1 | ||
| LECO Lincoln Electric Holdings, Inc. - Common Shares | $97,704,300 | 1.19% | 373,899 | $30,708,007 | Up ×1 | ||
| ORCL Oracle Corporation Common Stock | $97,592,355 | 1.19% | 748,046 | $5,579,905 | Up ×1 | ||
| AZO AutoZone, Inc. Common Stock | $97,064,041 | 1.18% | 32,123 | $-41,306,717 | Down ×1 | ||
| ITW Illinois Tool Works Inc. Common Stock | $82,921,775 | 1.01% | 306,584 | $3,217,854 | Up ×1 | ||
| TXN Texas Instruments Incorporated - Common Stock | $76,831,418 | 0.94% | 257,763 | $26,864,830 | Up ×2 | ||
| LIN Linde plc - Ordinary Shares | $74,452,400 | 0.91% | 143,894 | $3,595,902 | Up ×5 | ||
| FERG Ferguson Enterprises Inc. Common Stock | $66,058,415 | 0.81% | 278,627 | $9,654,980 | Up ×6 | ||
| UL Unilever PLC American Depositary Shares (each representing One Ordinary Share) | $63,070,920 | 0.77% | 1,048,865 | $17,819,079 | Up ×2 | ||
| JNJ Johnson & Johnson Common Stock | $58,188,337 | 0.71% | 229,115 | $14,390,311 | Up ×1 | ||
| APD Air Products and Chemicals, Inc. Common Stock | $51,162,563 | 0.62% | 174,439 | $15,674,562 | Up ×5 | ||
| NVS Novartis AG Common Stock | $48,799,929 | 0.60% | 311,392 | $1,293,457 | Up ×1 | ||
| CNI Canadian National Railway Company Common Stock | $47,793,180 | 0.58% | 400,815 | $6,658,151 | Up ×2 | ||
| CL Colgate-Palmolive Company Common Stock | $41,331,911 | 0.50% | 450,828 | $2,956,933 | Up ×1 | ||
| UPS United Parcel Service, Inc. Common Stock | $36,958,285 | 0.45% | 343,798 | $7,110,777 | Up ×1 | ||
| ABT Abbott Laboratories Common Stock | $35,292,325 | 0.43% | 388,939 | $-4,947,128 | Down ×1 | ||
| KMB Kimberly-Clark Corporation - Common Stock | $33,095,765 | 0.40% | 301,501 | $4,047,008 | Up ×1 | ||
| HD Home Depot, Inc. (The) Common Stock | $33,085,264 | 0.40% | 93,811 | $10,264,902 | Up ×6 | ||
| KVUE Kenvue Inc. Common Stock | $32,090,640 | 0.39% | 1,679,259 | $3,177,039 | Up ×2 | ||
| MRK Merck & Company, Inc. Common Stock (new) | $25,397,126 | 0.31% | 197,643 | $6,457,345 | Up ×2 | ||
| NKE Nike, Inc. Common Stock | $15,508,444 | 0.19% | 377,794 | $-3,318,717 | Up ×5 | ||
| RIO Rio Tinto Plc Common Stock | $11,548,895 | 0.14% | 120,886 | $1,542,236 | Up ×5 | ||
| JBL Jabil Inc. Common Stock | $11,182,004 | 0.14% | 29,008 | $3,584,986 | Up ×1 | ||
| QCOM QUALCOMM Incorporated - Common Stock | $10,021,901 | 0.12% | 54,234 | $2,801,979 | Down ×1 | ||
| SQM Sociedad Quimica y Minera S.A. Common Stock | $9,298,005 | 0.11% | 126,467 | $-510,790 | Up ×5 | ||
| MPWR Monolithic Power Systems, Inc. - Common Stock | $8,858,163 | 0.11% | 6,408 | $1,682,507 | Down ×2 | ||
| B Barrick Mining Corporation Common Shares | $7,826,135 | 0.10% | 213,072 | $-823,732 | Up ×1 | ||
| AMZN Amazon.com, Inc. - Common Stock | $7,210,547 | 0.09% | 30,044 | $953,283 | |||
| APH Amphenol Corporation Common Stock | $5,792,641 | 0.07% | 32,853 | $1,730,109 | Up ×1 | ||
| NVO Novo Nordisk A/S Common Stock | $5,517,602 | 0.07% | 116,291 | $-60,287,940 | Down ×5 | ||
| ORLY O'Reilly Automotive, Inc. - Common Stock | $4,548,049 | 0.06% | 49,387 | $235,418 | Up ×1 | ||
| SAP SAP SE ADS | $4,133,939 | 0.05% | 24,181 | $-501,251 | Down ×1 | ||
| COST Costco Wholesale Corporation - Common Stock | $3,738,138 | 0.05% | 3,996 | $-393,061 | Down ×3 | ||
| PWR Quanta Services, Inc. Common Stock | $3,653,483 | 0.04% | 5,074 | $972,069 | Up ×1 | ||
| AEM Agnico Eagle Mines Limited Common Stock | $3,303,594 | 0.04% | 21,834 | $-834,762 | Up ×1 | ||
| ETN Eaton Corporation, PLC Ordinary Shares | $3,266,084 | 0.04% | 7,825 | $-68,662,426 | Down ×4 | ||
| MA Mastercard Incorporated Common Stock | $3,213,973 | 0.04% | 6,055 | $555,782 | Up ×1 | ||
| ROST Ross Stores, Inc. - Common Stock | $3,007,009 | 0.04% | 13,454 | $611,948 | Up ×4 | ||
| RSG Republic Services, Inc. Common Stock | $2,951,738 | 0.04% | 13,864 | $102,507 | Up ×6 | ||
| MNST Monster Beverage Corporation - Common Stock | $2,725,002 | 0.03% | 28,350 | $658,080 | Down ×3 | ||
| CTVA Corteva, Inc. Common Stock | $2,692,487 | 0.03% | 31,877 | $-248,664 | Down ×2 | ||
| EME EMCOR Group, Inc. Common Stock | $2,666,096 | 0.03% | 3,240 | $694,808 | Up ×3 | ||
| MSI Motorola Solutions, Inc. Common Stock | $2,531,193 | 0.03% | 6,095 | $-113,854 | |||
| MU Micron Technology, Inc. - Common Stock | $2,351,201 | 0.03% | 2,410 | $1,750,521 | Up ×2 | ||
| INFY Infosys Limited American Depositary Shares | $2,240,286 | 0.03% | 213,564 | $-596,814 | Up ×1 | ||
| FIX Comfort Systems USA, Inc. Common Stock | $2,232,667 | 0.03% | 1,126 | $-455,674 | Down ×2 | ||
| PSA Public Storage Common Stock | $2,184,561 | 0.03% | 6,863 | $325,511 | |||
| NEE NextEra Energy, Inc. Common Stock | $2,181,510 | 0.03% | 24,913 | $691,808 | Up ×1 | ||
| PG Procter & Gamble Company (The) Common Stock | $2,133,134 | 0.03% | 14,568 | $26,043 | Down ×4 | ||
| GSK GSK plc American Depositary Shares (Each representing two Ordinary Shares) | $2,129,920 | 0.03% | 41,025 | $289,554 | Up ×3 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $2,080,793 | 0.03% | 3,694 | $-89,868 | Down ×2 | ||
| MCO Moody's Corporation Common Stock | $1,975,637 | 0.02% | 4,362 | $72,714 | |||
| SCCO Southern Copper Corporation Common Stock | $1,686,853 | 0.02% | 9,434 | $433,912 | Up ×1 | ||
| WELL Welltower Inc. Common Stock | $1,668,230 | 0.02% | 7,350 | $243,730 | Up ×4 | ||
| TLK PT Telekomunikasi Indonesia, Tbk | $1,637,063 | 0.02% | 121,896 | $-604,537 | Up ×1 | ||
| COP ConocoPhillips Common Stock | $1,625,519 | 0.02% | 15,636 | $-364,381 | Up ×1 | ||
| DHR Danaher Corporation Common Stock | $1,538,316 | 0.02% | 8,076 | $120,866 | Up ×4 | ||
| PLD Prologis, Inc. Common Stock | $1,490,847 | 0.02% | 11,005 | $-149,507 | Down ×1 | ||
| EQIX Equinix, Inc. - Common Stock | $1,452,049 | 0.02% | 1,393 | $86,575 | |||
| FAST Fastenal Company - Common Stock | $1,379,073 | 0.02% | 28,736 | $-99,231 | Down ×3 | ||
| TEL TE Connectivity plc Ordinary Shares | $1,301,997 | 0.02% | 6,458 | $-47,854 | |||
| CPRT Copart, Inc. - Common Stock | $1,248,322 | 0.02% | 44,134 | $28,089 | Up ×2 | ||
| AMAT Applied Materials, Inc. - Common Stock | $1,149,570 | 0.01% | 1,590 | $606,124 | |||
| URI United Rentals, Inc. Common Stock | $1,084,176 | 0.01% | 957 | $872,894 | Up ×1 | ||
| FSLR First Solar, Inc. - Common Stock | $1,074,530 | 0.01% | 4,818 | $232,624 | Up ×2 | ||
| NSC Norfolk Southern Corporation Common Stock | $1,072,752 | 0.01% | 3,410 | $94,082 | |||
| V Visa Inc. | $1,039,621 | 0.01% | 2,869 | $474,734 | Up ×2 | ||
| PSX Phillips 66 Common Stock | $979,476 | 0.01% | 5,794 | $-538,812 | Down ×1 | ||
| ACM AECOM Common Stock | $973,780 | 0.01% | 13,951 | $100,049 | Up ×2 | ||
| NVT nVent Electric plc Ordinary Shares | $956,770 | 0.01% | 5,641 | $353,661 | Up ×1 | ||
| BHP BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) | $921,980 | 0.01% | 10,950 | $47,281 | Down ×1 | ||
| EMR Emerson Electric Company Common Stock | $896,548 | 0.01% | 6,263 | $79,114 | Up ×2 | ||
| D Dominion Energy, Inc. Common Stock | $851,919 | 0.01% | 12,363 | $82,384 | Down ×1 | ||
| TER Teradyne, Inc. - Common Stock | $845,268 | 0.01% | 1,747 | $-430,399 | Down ×2 | ||
| GEV GE Vernova Inc. Common Stock | $810,653 | 0.01% | 690 | $275,565 | Up ×1 | ||
| ISRG Intuitive Surgical, Inc. - Common Stock | $802,518 | 0.01% | 2,018 | $448,478 | Up ×1 | ||
| BSX Boston Scientific Corporation Common Stock | $761,198 | 0.01% | 17,835 | $-1,923,686 | Down ×2 | ||
| CRM Salesforce, Inc. Common Stock | $751,811 | 0.01% | 4,799 | $-189,566 | Down ×5 | ||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| ABBV | $240,562,538 | 2.94% | up ×6 |
| NOW | $180,681,485 | 2.20% | up ×6 |
| WM | $134,976,281 | 1.65% | up ×5 |
| CRH | $110,024,314 | 1.34% | up ×4 |
| LIN | $74,452,400 | 0.91% | up ×5 |
| FERG | $66,058,415 | 0.81% | up ×6 |
| APD | $51,162,563 | 0.62% | up ×5 |
| HD | $33,085,264 | 0.40% | up ×6 |
| NKE | $15,508,444 | 0.19% | up ×5 |
| RIO | $11,548,895 | 0.14% | up ×5 |
| SQM | $9,298,005 | 0.11% | up ×5 |
| ROST | $3,007,009 | 0.04% | up ×4 |
| RSG | $2,951,738 | 0.04% | up ×6 |
| EME | $2,666,096 | 0.03% | up ×3 |
| GSK | $2,129,920 | 0.03% | up ×3 |
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| AMD | Bought more | +101K | +$165.2M |
| TSM | Trimmed | -128K | +$134.7M |
| AVGO | Trimmed | -51K | +$95.4M |
| AAPL | Trimmed | -6K | +$93.6M |
| MSFT | Bought more | +59K | +$92.6M |
| CSCO | Bought more | +150K | +$87.4M |
| CRH | Bought more | +840K | +$82.2M |
| WM | Bought more | +325K | +$72.7M |
| ABBV | Bought more | +176K | +$70.6M |
| GOOGL | Trimmed | -87K | +$67.3M |
1 position hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| KEYS | Dec. 31, 2025 | 851,670 | $148,974,116 | 56.2% |
| TRMB | June 30, 2026 | 1,682,542 | $109,752,215 | 15.9% |
| PPG | March 31, 2025 | 379,580 | $45,340,831 | 3.3% |
| ULXXXX | Dec. 31, 2025 | 612,638 | $36,317,181 | No longer tracked |
| MKC | Dec. 31, 2025 | 497,596 | $33,294,148 | -17.0% |
| A | March 31, 2026 | 199,390 | $27,130,997 | 36.7% |
| AMGN | Sept. 30, 2025 | 47,077 | $13,144,369 | 54.6% |
| PFE | March 31, 2025 | 442,650 | $11,743,505 | 9.8% |
| MELI | Dec. 31, 2025 | 1,795 | $4,194,807 | -4.8% |
| NICE | June 30, 2026 | 29,644 | $3,268,547 | 10.8% |
| GOLD | June 30, 2025 | 165,561 | $3,218,506 | 102.5% |
| ADBE | June 30, 2026 | 9,533 | $2,317,282 | 33.6% |
| MICC | March 31, 2026 | 121,551 | $1,926,518 | 32.2% |
| FTNT | June 30, 2026 | 13,423 | $1,096,928 | -1.2% |
| ZTS | June 30, 2025 | 6,181 | $1,017,702 | -51.4% |
| EW | June 30, 2025 | 13,410 | $971,957 | 17.4% |
| LULU | June 30, 2025 | 3,000 | $849,180 | -50.5% |
| ICFI | March 31, 2025 | 6,558 | $781,779 | 6.3% |
| CCJ | June 30, 2026 | 6,820 | $740,775 | -6.5% |
| ROP | Dec. 31, 2025 | 1,338 | $667,247 | -8.1% |
| ACN | Dec. 31, 2025 | 2,700 | $665,820 | -31.0% |
| MCHP | Dec. 31, 2025 | 8,743 | $561,475 | 19.6% |
| SONY | March 31, 2026 | 20,000 | $512,000 | 14.0% |
| COP | Dec. 31, 2025 | 4,890 | $462,545 | 44.1% |
| CDNS | Dec. 31, 2025 | 1,180 | $414,487 | 0.9% |
| IBM | June 30, 2026 | 1,632 | $395,580 | -16.1% |
| ECL | March 31, 2026 | 1,500 | $393,780 | 7.0% |
| SNN | June 30, 2026 | 12,303 | $390,989 | 2.4% |
| UNH | Sept. 30, 2025 | 1,191 | $371,556 | 13.6% |
| RMBS | March 31, 2025 | 6,681 | $353,158 | 76.5% |
| PANW | June 30, 2026 | 2,183 | $349,979 | 4.3% |
| IT | March 31, 2026 | 1,371 | $345,876 | 22.9% |
| CSW | June 30, 2026 | 1,313 | $342,142 | 16.0% |
| ISRG | Sept. 30, 2025 | 623 | $338,544 | -11.7% |
| VZ | Dec. 31, 2025 | 7,410 | $325,670 | 21.3% |
| PH | Dec. 31, 2025 | 420 | $318,423 | 16.0% |
| PCH | March 31, 2026 | 7,740 | $307,897 | No longer tracked |
| GIS | Sept. 30, 2025 | 5,908 | $306,093 | -21.0% |
| UNP | Dec. 31, 2025 | 1,234 | $291,681 | 30.4% |
| EXPO | March 31, 2026 | 4,000 | $277,840 | 7.2% |
| SHEL | Dec. 31, 2025 | 3,800 | $271,814 | 28.7% |
| ORANY | June 30, 2025 | 20,000 | $258,600 | No longer tracked |
| SITM | March 31, 2025 | 1,200 | $257,436 | 299.1% |
| VST | March 31, 2025 | 1,822 | $251,199 | 19.5% |
| VIRT | March 31, 2026 | 7,500 | $249,900 | 32.7% |
| GEV | March 31, 2025 | 756 | $248,671 | 218.2% |
| PYPL | March 31, 2025 | 2,900 | $247,515 | -5.5% |
| RXST | June 30, 2025 | 9,618 | $242,855 | -52.5% |
| ALC | March 31, 2026 | 3,045 | $239,976 | -1.0% |
| CP | Dec. 31, 2025 | 3,200 | $238,368 | 28.6% |
| BKNG | Sept. 30, 2025 | 39 | $225,780 | -96.1% |
| ESTC | June 30, 2025 | 2,532 | $225,601 | 4.3% |
| STM | March 31, 2025 | 9,000 | $224,730 | 130.2% |
| FBIN | March 31, 2026 | 4,440 | $222,088 | 16.6% |
| WSO | Dec. 31, 2025 | 537 | $217,109 | -6.8% |
| CFLT | Sept. 30, 2025 | 8,700 | $216,891 | No longer tracked |
| CVX | June 30, 2026 | 1,033 | $213,728 | 25.4% |
| CRWD | June 30, 2026 | 538 | $210,236 | 3.7% |
| DVAX | March 31, 2026 | 13,613 | $209,368 | No longer tracked |
| BKNG | March 31, 2025 | 42 | $208,674 | -95.4% |
| FICO | March 31, 2025 | 102 | $203,075 | -36.5% |
| CVX | June 30, 2025 | 1,200 | $200,748 | 45.2% |
| ZS | June 30, 2026 | 1,428 | $200,334 | 29.5% |
| IOVA | Dec. 31, 2025 | 20,553 | $44,600 | 202.9% |