SATURNA CAPITAL CORP

BELLINGHAM, WA · CIK 1316617 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 1989 · corporation

Assets managed$10.5bn
Staff92 · 12 in investment roles
Main clients (by assets)Mutual funds and ETFs 96%, High net worth individuals 2%
Websitesaturna.com
Form ADV · 2026-09-28SEC adviser record

Legal entitySATURNA CAPITAL CORPORATION (US)

Kindmutual funds
Others nearbyBellingham, WA

As an employer

Offices in1 country

US visa salary filings

Filings FY20251
Median salary offered$105,000
Middle half$105,000 – $105,000
Job titles1

Job title	Filings	Median	Range
Equity AnalystBellingham, WA	1	$105,000	$105,000 – $130,000

Source: US Department of Labor, Labor Condition Application disclosure data (certified, full-time, yearly equivalent). These are the salaries the employer committed to pay the visa roles it filed for, at least the prevailing wage for the job and place; they are not the pay of all its staff. Filed by: Saturna Capital Corporation.

$8.2bn reported value +15.0% vs Q1 2026

140positions

58.6%in top 10

4 new 74 added 38 reduced 12 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	1,864,582	$807.9m9.86%	9.86%	Reduced -127.5k	-127,519 -6.4%
2	BROADCOM INC COM AVGO	AVGO	1,445,853	$558.8m6.82%	6.82%	Reduced -51.3k	-51,327 -3.4%
3	APPLE INC COM AAPL	AAPL	1,774,020	$545.4m6.66%	6.66%	Reduced -6.1k	-6,118 -0.3%
4	ELI LILLY & CO COM LLY	LLY	460,411	$539.4m6.58%	6.58%	Reduced -94.7k	-94,693 -17.1%
5	MICROSOFT CORP COM MSFT	MSFT	1,106,228	$480.2m5.86%	5.86%	Added +59.0k	+58,962 5.6%
6	ALPHABET INC CAP STK CL A GOOGL	GOOGL	1,344,465	$478.9m5.84%	5.84%	Reduced -86.7k	-86,739 -6.1%
7	NVIDIA CORPORATION COM NVDA	NVDA	2,199,411	$441.5m5.39%	5.39%	Reduced -9.6k	-9,580 -0.4%
8	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	250,553	$410.9m5.01%	5.01%	Reduced -66.1k	-66,104 -20.9%
9	JOHNSON CTLS INTL PLC SHS JCI	JCI	1,958,722	$286.9m3.50%	3.50%	Reduced -645.7k	-645,716 -24.8%
10	ADVANCED MICRO DEVICES INC COM AMD	AMD	521,947	$250.8m3.06%	3.06%	Added +100.8k	+100,813 23.9%
11	ABBVIE INC COM ABBV	ABBV	958,069	$240.6m2.94%	2.94%	Added +176.4k	+176,398 22.6%
12	CISCO SYS INC COM CSCO	CSCO	1,938,996	$226.2m2.76%	2.76%	Added +150.5k	+150,453 8.4%
13	TJX COS INC NEW COM TJX	TJX	1,217,439	$191.2m2.33%	2.33%	Reduced -2.7k	-2,716 -0.2%
14	TRANE TECHNOLOGIES PLC SHS TT	TT	402,085	$183.1m2.23%	2.23%	Added +353	+353 0.1%
15	SERVICENOW INC COM NOW	NOW	1,626,465	$180.7m2.20%	2.20%	Added +475.2k	+475,152 41.3%
16	STRYKER CORPORATION COM SYK	SYK	543,257	$176.7m2.16%	2.16%	Added +175.8k	+175,844 47.9%
17	ASTRAZENECA PLC ORD AZN	AZN	911,933	$155.1m1.89%	1.89%	Added +90.4k	+90,362 11.0%
18	ROCKWELL AUTOMATION INC COM ROK	ROK	301,865	$149.4m1.82%	1.82%	Added +384	+384 0.1%
19	WASTE MGMT INC DEL COM WM	WM	595,907	$135.0m1.65%	1.65%	Added +325.0k	+324,971 119.9%
20	CHURCH & DWIGHT CO INC COM CHD	CHD	1,338,490	$132.2m1.61%	1.61%	Added +148.8k	+148,814 12.5%
21	GRAINGER W W INC COM GWW	GWW	82,102	$111.7m1.36%	1.36%	Added +108	+108 0.1%
22	CRH PLC ORD CRH	CRH	1,104,177	$110.0m1.34%	1.34%	Added +839.8k	+839,822 317.7%
23	LOWES COS INC COM LOW	LOW	479,497	$99.8m1.22%	1.22%	Added +65.1k	+65,065 15.7%
24	LINCOLN ELEC HLDGS INC COM LECO	LECO	373,899	$97.7m1.19%	1.19%	Added +104.9k	+104,924 39.0%
25	ORACLE CORP COM ORCL	ORCL	748,046	$97.6m1.19%	1.19%	Added +122.6k	+122,579 19.6%
26	AUTOZONE INC COM AZO	AZO	32,123	$97.1m1.18%	1.18%	Reduced -8.8k	-8,842 -21.6%
27	ILLINOIS TOOL WKS INC COM ITW	ITW	306,584	$82.9m1.01%	1.01%	Added +372	+372 0.1%
28	TEXAS INSTRS INC COM TXN	TXN	257,763	$76.8m0.94%	0.94%	Added +389	+389 0.1%
29	LINDE PLC SHS LIN	LIN	143,894	$74.5m0.91%	0.91%	Added +969	+969 0.7%
30	FERGUSON ENTERPRISES INC COMMON STOCK NEW FERG	FERG	278,627	$66.1m0.81%	0.81%	Added +36.8k	+36,822 15.2%
31	UNILEVER PLC SPON ADR NEW UL	UL	1,048,865	$63.1m0.77%	0.77%	Added +254.6k	+254,555 32.0%
32	JOHNSON & JOHNSON COM JNJ	JNJ	229,115	$58.2m0.71%	0.71%	Added +49.9k	+49,938 27.9%
33	AIR PRODS & CHEMS INC COM APD	APD	174,439	$51.2m0.62%	0.62%	Added +52.3k	+52,273 42.8%
34	NOVARTIS AG SPONSORED ADR NVS	NVS	311,392	$48.8m0.60%	0.60%	Added +384	+384 0.1%
35	CANADIAN NATL RY CO COM CNI	CNI	400,815	$47.8m0.58%	0.58%	Added +552	+552 0.1%
36	COLGATE PALMOLIVE CO COM CL	CL	450,828	$41.3m0.50%	0.50%	Added +576	+576 0.1%
37	UNITED PARCEL SERVICE INC CL B UPS	UPS	343,798	$37.0m0.45%	0.45%	Added +40.4k	+40,408 13.3%
38	ABBOTT LABS COM ABT	ABT	388,939	$35.3m0.43%	0.43%	Reduced -3.0k	-2,991 -0.8%
39	KIMBERLY-CLARK CORP COM KMB	KMB	301,501	$33.1m0.40%	0.40%	Added +384	+384 0.1%
40	HOME DEPOT INC COM HD	HD	93,811	$33.1m0.40%	0.40%	Added +24.4k	+24,425 35.2%
41	KENVUE INC COM KVUE	KVUE	1,679,259	$32.1m0.39%	0.39%	Added +2.1k	+2,136 0.1%
42	MERCK & CO INC COM MRK	MRK	197,643	$25.4m0.31%	0.31%	Added +40.2k	+40,192 25.5%
43	NIKE INC CL B NKE	NKE	377,794	$15.5m0.19%	0.19%	Added +21.4k	+21,354 6.0%
44	RIO TINTO PLC SPONSORED ADR RIO	RIO	120,886	$11.5m0.14%	0.14%	Added +13.6k	+13,622 12.7%
45	JABIL INC COM JBL	JBL	29,008	$11.2m0.14%	0.14%	Added +408	+408 1.4%
46	QUALCOMM INC COM QCOM	QCOM	54,234	$10.0m0.12%	0.12%	Reduced -1.8k	-1,830 -3.3%
47	SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B SQM	SQM	126,467	$9.3m0.11%	0.11%	Added +5.3k	+5,281 4.4%
48	MONOLITHIC PWR SYS INC COM MPWR	MPWR	6,408	$8.9m0.11%	0.11%	Reduced -155	-155 -2.4%
49	BARRICK MNG CORP COM SHS B	B	213,072	$7.8m0.10%	0.10%	Added +1.0k	+1,011 0.5%
50	AMAZON COM INC COM AMZN	AMZN	30,044	$7.2m0.09%	0.09%	Unchanged
51	AMPHENOL CORP CL A APH	APH	32,853	$5.8m0.07%	0.07%	Added +700	+700 2.2%
52	NOVO-NORDISK A S ADR NVO	NVO	116,291	$5.5m0.07%	0.07%	Reduced -1.7m	-1,674,336 -93.5%
53	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	49,387	$4.5m0.06%	0.06%	Added +2.7k	+2,668 5.7%
54	SAP SE SPON ADR SAP	SAP	24,181	$4.1m0.05%	0.05%	Reduced -2.9k	-2,892 -10.7%
55	COSTCO WHSL CORP NEW COM COST	COST	3,996	$3.7m0.05%	0.05%	Reduced -150	-150 -3.6%
56	QUANTA SVCS INC COM PWR	PWR	5,074	$3.7m0.04%	0.04%	Added +190	+190 3.9%
57	AGNICO EAGLE MINES LTD COM AEM	AEM	21,834	$3.3m0.04%	0.04%	Added +1.4k	+1,446 7.1%
58	EATON CORP PLC SHS ETN	ETN	7,825	$3.3m0.04%	0.04%	Reduced -193.3k	-193,278 -96.1%
59	MASTERCARD INCORPORATED CL A MA	MA	6,055	$3.2m0.04%	0.04%	Added +735	+735 13.8%
60	ROSS STORES INC COM ROST	ROST	13,454	$3.0m0.04%	0.04%	Added +2.4k	+2,398 21.7%
61	REPUBLIC SVCS INC COM RSG	RSG	13,864	$3.0m0.04%	0.04%	Added +855	+855 6.6%
62	MONSTER BEVERAGE CORP NEW COM MNST	MNST	28,350	$2.7m0.03%	0.03%	Reduced -175	-175 -0.6%
63	CORTEVA INC COM CTVA	CTVA	31,877	$2.7m0.03%	0.03%	Reduced -3.3k	-3,258 -9.3%
64	EMCOR GROUP INC COM EME	EME	3,240	$2.7m0.03%	0.03%	Added +570	+570 21.4%
65	MOTOROLA SOLUTIONS INC COM NEW MSI	MSI	6,095	$2.5m0.03%	0.03%	Unchanged
66	MICRON TECHNOLOGY INC COM MU	MU	2,410	$2.4m0.03%	0.03%	Added +632	+632 35.5%
67	INFOSYS LTD SPONSORED ADR INFY	INFY	213,564	$2.2m0.03%	0.03%	Added +3.6k	+3,564 1.7%
68	COMFORT SYS USA INC COM FIX	FIX	1,126	$2.2m0.03%	0.03%	Reduced -824	-824 -42.3%
69	PUBLIC STORAGE COM PSA	PSA	6,863	$2.2m0.03%	0.03%	Unchanged
70	NEXTERA ENERGY INC COM NEE	NEE	24,913	$2.2m0.03%	0.03%	Added +8.9k	+8,874 55.3%
71	PROCTER AND GAMBLE CO COM PG	PG	14,568	$2.1m0.03%	0.03%	Reduced -20	-20 -0.1%
72	GSK PLC SPONSORED ADR GSK	GSK	41,025	$2.1m0.03%	0.03%	Added +7.7k	+7,679 23.0%
73	META PLATFORMS INC CL A META	META	3,694	$2.1m0.03%	0.03%	Reduced -100	-100 -2.6%
74	MOODYS CORP COM MCO	MCO	4,362	$2.0m0.02%	0.02%	Unchanged
75	SOUTHERN COPPER CORP COM SCCO	SCCO	9,434	$1.7m0.02%	0.02%	Added +2.2k	+2,152 29.6%
76	WELLTOWER INC COM WELL	WELL	7,350	$1.7m0.02%	0.02%	Added +145	+145 2.0%
77	P T TELEKOMUNIKASI INDONESIA SPONSORED ADR TLK	TLK	121,896	$1.6m0.02%	0.02%	Added +1.9k	+1,896 1.6%
78	CONOCOPHILLIPS COM COP	COP	15,636	$1.6m0.02%	0.02%	Added +561	+561 3.7%
79	DANAHER CORPORATION COM DHR	DHR	8,076	$1.5m0.02%	0.02%	Added +600	+600 8.0%
80	PROLOGIS INC. COM PLD	PLD	11,005	$1.5m0.02%	0.02%	Reduced -1.4k	-1,405 -11.3%
81	EQUINIX INC COM EQIX	EQIX	1,393	$1.5m0.02%	0.02%	Unchanged
82	FASTENAL CO COM FAST	FAST	28,736	$1.4m0.02%	0.02%	Reduced -3.1k	-3,124 -9.8%
83	TE CONNECTIVITY PLC ORD SHS TEL	TEL	6,458	$1.3m0.02%	0.02%	Unchanged
84	COPART INC COM CPRT	CPRT	44,134	$1.2m0.02%	0.02%	Added +7.4k	+7,380 20.1%
85	APPLIED MATLS INC COM AMAT	AMAT	1,590	$1.1m0.01%	0.01%	Unchanged
86	UNITED RENTALS INC COM URI	URI	957	$1.1m0.01%	0.01%	Added +667	+667 230.0%
87	FIRST SOLAR INC COM FSLR	FSLR	4,818	$1.1m0.01%	0.01%	Added +550	+550 12.9%
88	NORFOLK SOUTHN CORP COM NSC	NSC	3,410	$1.1m0.01%	0.01%	Unchanged
89	VISA INC COM CL A V	V	2,869	$1.0m0.01%	0.01%	Added +1.0k	+1,000 53.5%
90	PHILLIPS 66 COM PSX	PSX	5,794	$979.5k0.01%	0.01%	Reduced -2.5k	-2,540 -30.5%
91	AECOM COM ACM	ACM	13,951	$973.8k0.01%	0.01%	Added +3.6k	+3,650 35.4%
92	NVENT ELECTRIC PLC SHS NVT	NVT	5,641	$956.8k0.01%	0.01%	Added +542	+542 10.6%
93	BHP GROUP LTD SPONSORED ADS BHP	BHP	10,950	$922.0k0.01%	0.01%	Reduced -1.1k	-1,075 -8.9%
94	EMERSON ELEC CO COM EMR	EMR	6,263	$896.5k0.01%	0.01%	Added +24	+24 0.4%
95	DOMINION ENERGY INC COM D	D	12,363	$851.9k0.01%	0.01%	Reduced -85	-85 -0.7%
96	TERADYNE INC COM TER	TER	1,747	$845.3k0.01%	0.01%	Reduced -2.6k	-2,556 -59.4%
97	GE VERNOVA INC COM GEV	GEV	690	$810.7k0.01%	0.01%	Added +77	+77 12.6%
98	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	2,018	$802.5k0.01%	0.01%	Added +1.2k	+1,250 162.8%
99	BOSTON SCIENTIFIC CORP COM BSX	BSX	17,835	$761.2k0.01%	0.01%	Reduced -25.0k	-24,952 -58.3%
100	SALESFORCE INC COM CRM	CRM	4,799	$751.8k0.01%	0.01%	Reduced -244	-244 -4.8%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
TRIMBLE INC TRMB	TRMB	1,682,542	$109.8m1.7m shares
NICE LTD NICE	NICE	29,644	$3.3m29.6k shares
ADOBE INC ADBE	ADBE	9,533	$2.3m9.5k shares
FORTINET INC FTNT	FTNT	13,423	$1.1m13.4k shares
CAMECO CORP CCJ	CCJ	6,820	$740.8k6.8k shares
INTERNATIONAL BUSINESS MACHS IBM	IBM	1,632	$395.6k1.6k shares
SMITH & NEPHEW PLC SNN	SNN	12,303	$391.0k12.3k shares
PALO ALTO NETWORKS INC PANW	PANW	2,183	$350.0k2.2k shares
CSW INDUSTRIALS INC CSW	CSW	1,313	$342.1k1.3k shares
CHEVRON CORP NEW CVX	CVX	1,033	$213.7k1.0k shares
CROWDSTRIKE HLDGS INC CRWD	CRWD	538	$210.2k538 shares
ZSCALER INC ZS	ZS	1,428	$200.3k1.4k shares