Q3 2023 · 13F-HR
SATURNA CAPITAL CORPholdings as filed
Filed 2023-11-15 · accession 0001316617-23-000009
$5.65B
Reported value
174
Positions
2023-09-30
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 532457108 | LLY | Eli Lilly | $408.3M | 7.22% | 760,233 | Common | SOLE |
| 037833100 | AAPL | Apple | $378.5M | 6.69% | 2,210,552 | Common | SOLE |
| 594918104 | MSFT | Microsoft | $315.5M | 5.58% | 999,169 | Common | SOLE |
| 670100205 | NVO | Novo Nordisk ADS | $193.6M | 3.42% | 2,129,024 | Common | SOLE |
| N07059210 | ASML | ASML Holding NY | $187.7M | 3.32% | 318,832 | Common | SOLE |
| 874039100 | TSM | Taiwan Semiconductor ADS | $184.4M | 3.26% | 2,121,634 | Common | SOLE |
| 00724F101 | ADBE | Adobe | $174.0M | 3.08% | 341,280 | Common | SOLE |
| 461202103 | INTU | Intuit | $152.4M | 2.69% | 298,183 | Common | SOLE |
| 02079K305 | GOOGL | Alphabet, Class A | $151.0M | 2.67% | 1,154,220 | Common | SOLE |
| 031162100 | AMGN | Amgen | $127.3M | 2.25% | 473,482 | Common | SOLE |
| 007903107 | AMD | Advanced Micro Devices | $124.4M | 2.20% | 1,209,616 | Common | SOLE |
| 17275R102 | CSCO | Cisco Systems | $122.0M | 2.16% | 2,269,515 | Common | SOLE |
| 872540109 | TJX | TJX Companies | $109.6M | 1.94% | 1,233,671 | Common | SOLE |
| 171340102 | CHD | Church & Dwight | $109.0M | 1.93% | 1,189,996 | Common | SOLE |
| 053332102 | AZO | AutoZone | $102.0M | 1.80% | 40,141 | Common | SOLE |
| 00846U101 | A | Agilent Technologies | $101.9M | 1.80% | 911,031 | Common | SOLE |
| G51502105 | JCI | Johnson Controls International | $96.3M | 1.70% | 1,809,721 | Common | SOLE |
| 548661107 | LOW | Lowe's | $90.0M | 1.59% | 433,191 | Common | SOLE |
| 620076307 | MSI | Motorola Solutions | $86.4M | 1.53% | 317,276 | Common | SOLE |
| 773903109 | ROK | Rockwell Automation | $85.8M | 1.52% | 300,300 | Common | SOLE |
| 863667101 | SYK | Stryker | $85.8M | 1.52% | 313,858 | Common | SOLE |
| 896239100 | TRMB | Trimble | $84.7M | 1.50% | 1,572,382 | Common | SOLE |
| 478160104 | JNJ | Johnson & Johnson | $84.3M | 1.49% | 541,477 | Common | SOLE |
| 81762P102 | NOW | ServiceNow | $84.2M | 1.49% | 150,723 | Common | SOLE |
| 550021109 | LULU | Lululemon Athletica | $83.0M | 1.47% | 215,174 | Common | SOLE |
| 68389X105 | ORCL | Oracle | $82.6M | 1.46% | 779,485 | Common | SOLE |
| G8994E103 | TT | Trane | $81.5M | 1.44% | 401,650 | Common | SOLE |
| 036752103 | ELV | Elevance Health | $80.7M | 1.43% | 185,244 | Common | SOLE |
| 907818108 | UNP | Union Pacific | $73.0M | 1.29% | 358,726 | Common | SOLE |
| 452308109 | ITW | Illinois Tool Works | $72.8M | 1.29% | 316,152 | Common | SOLE |
| 046353108 | AZNN | AstraZeneca ADS | $72.8M | 1.29% | 1,074,573 | Common | SOLE |
| 22052L104 | CTVA | Corteva | $69.3M | 1.23% | 1,353,892 | Common | SOLE |
| 58933Y105 | MRK | Merck & Co | $67.9M | 1.20% | 659,786 | Common | SOLE |
| 518439104 | EL | Estee Lauder, Class A | $66.3M | 1.17% | 458,594 | Common | SOLE |
| 49338L103 | KEYS | Keysight Technologies | $66.2M | 1.17% | 500,000 | Common | SOLE |
| 366651107 | IT | Gartner | $62.1M | 1.10% | 180,641 | Common | SOLE |
| 372460105 | GPC | Genuine Parts | $57.0M | 1.01% | 394,619 | Common | SOLE |
| 384802104 | GWW | W.W. Grainger | $56.6M | 1.00% | 81,874 | Common | SOLE |
| 533900106 | LECO | Lincoln Electric Holdings | $51.7M | 0.91% | 284,300 | Common | SOLE |
| G54950103 | LIN | Linde | $50.7M | 0.90% | 136,060 | Common | SOLE |
| 693506107 | PPG | PPG Industries | $50.2M | 0.89% | 386,580 | Common | SOLE |
| 438516106 | HON | Honeywell International | $49.0M | 0.87% | 265,447 | Common | SOLE |
| 655844108 | NSC | Norfolk Southern | $45.0M | 0.80% | 228,720 | Common | SOLE |
| 136375102 | CNI | Canadian National Railway | $44.2M | 0.78% | 408,000 | Common | SOLE |
| 11135F101 | AVGO | Broadcom Ltd | $42.9M | 0.76% | 51,624 | Common | SOLE |
| 882508104 | TXN | Texas Instruments | $42.6M | 0.75% | 267,873 | Common | SOLE |
| 579780206 | MKC | McCormick & Co | $42.4M | 0.75% | 560,016 | Common | SOLE |
| 002824100 | ABT | Abbott Laboratories | $41.9M | 0.74% | 432,691 | Common | SOLE |
| 110122108 | BMY | Bristol-Myers Squibb | $39.8M | 0.70% | 685,696 | Common | SOLE |
| 717081103 | PFE | Pfizer | $38.4M | 0.68% | 1,158,605 | Common | SOLE |
| 45168D104 | IDXX | IDEXX Laboratories | $36.3M | 0.64% | 83,000 | Common | SOLE |
| 66987V109 | NVS | Novartis ADS | $33.6M | 0.59% | 329,461 | Common | SOLE |
| 194162103 | CL | Colgate-Palmolive | $32.1M | 0.57% | 451,449 | Common | SOLE |
| 911312106 | UPS | United Parcel Service, Cl B | $32.0M | 0.57% | 205,339 | Common | SOLE |
| 311900104 | FAST | Fastenal | $31.8M | 0.56% | 582,668 | Common | SOLE |
| 009158106 | APD | Air Products & Chemicals | $31.5M | 0.56% | 111,185 | Common | SOLE |
| 494368103 | KMB | Kimberly-Clark | $28.4M | 0.50% | 234,950 | Common | SOLE |
| 742718109 | PG | Procter & Gamble | $27.6M | 0.49% | 189,033 | Common | SOLE |
| 904767704 | — | Unilever ADS | $26.7M | 0.47% | 540,957 | Common | SOLE |
| G29183103 | ETN | Eaton Corp PLC | $25.8M | 0.46% | 121,008 | Common | SOLE |
| 00287Y109 | ABBV | AbbVie | $16.9M | 0.30% | 113,468 | Common | SOLE |
| 88579Y101 | MMM | 3M | $16.9M | 0.30% | 180,648 | Common | NONE |
| 49177J102 | KVUE | Kenvue Inc | $10.5M | 0.19% | 525,337 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA | $8.2M | 0.14% | 18,757 | Common | SOLE |
| 747525103 | QCOM | Qualcomm | $5.4M | 0.10% | 48,550 | Common | SOLE |
| G1151C101 | ACN | Accenture, Class A | $5.2M | 0.09% | 16,840 | Common | SOLE |
| 767204100 | RIO | Rio Tinto ADS | $4.9M | 0.09% | 77,300 | Common | SOLE |
| 57636Q104 | MA | Mastercard, Class A | $4.1M | 0.07% | 10,313 | Common | SOLE |
| 861012102 | STM | STMicroelectronics (NY shares) | $4.1M | 0.07% | 94,290 | Common | NONE |
| 58733R102 | MELI | MercadoLibre | $3.8M | 0.07% | 2,990 | Common | SOLE |
| 023135106 | AMZN | Amazon.com | $3.6M | 0.06% | 27,955 | Common | SOLE |
| 67103H107 | ORLY | O'Reilly Automotive | $3.4M | 0.06% | 3,693 | Common | NONE |
| 84265V105 | SCCO | Southern Copper | $3.1M | 0.06% | 41,500 | Common | SOLE |
| 466313103 | JBL | Jabil Inc | $2.9M | 0.05% | 23,000 | Common | SOLE |
| 20825C104 | COP | ConocoPhillips | $2.6M | 0.05% | 21,933 | Common | NONE |
| 067901108 | ABX | Barrick Gold | $2.6M | 0.05% | 180,415 | Common | SOLE |
| 653656108 | NICE | NICE Systems ADR | $2.6M | 0.05% | 15,350 | Common | SOLE |
| 456788108 | INFY | Infosys ADS | $2.5M | 0.04% | 146,500 | Common | SOLE |
| 22160K105 | COST | Costco Wholesale | $2.5M | 0.04% | 4,413 | Common | SOLE |
| 833635105 | SQM | Quimica y Minera Chile ADS | $2.2M | 0.04% | 36,500 | Common | SOLE |
| 339750101 | FND | Floor & Decor Holdings, Inc. Class | $2.1M | 0.04% | 23,093 | Common | NONE |
| 778296103 | ROST | Ross Stores | $2.0M | 0.04% | 17,965 | Common | NONE |
| 715684106 | TLK | Telekomunikasi Indonesia ADS | $2.0M | 0.04% | 83,000 | Common | SOLE |
| 654106103 | NKE | Nike, Class B | $2.0M | 0.04% | 20,863 | Common | NONE |
| H01301128 | ALC | Alcon | $2.0M | 0.04% | 25,871 | Common | SOLE |
| 615369105 | MCO | Moody's | $1.8M | 0.03% | 5,689 | Common | NONE |
| 61174X109 | MNST | Monster Beverage | $1.8M | 0.03% | 33,082 | Common | SOLE |
| 088606108 | BHP | BHP Biliton ADR | $1.7M | 0.03% | 30,480 | Common | SOLE |
| 008474108 | AEM | Agnico-Eagle Mines | $1.7M | 0.03% | 37,443 | Common | SOLE |
| 199908104 | FIX | Comfort Systems USA | $1.6M | 0.03% | 9,614 | Common | NONE |
| H84989104 | TEL1USD | TE Connectivity | $1.6M | 0.03% | 12,820 | Common | NONE |
| 835699307 | SONY | Sony ADS | $1.5M | 0.03% | 18,650 | Common | SOLE |
| 29355A107 | ENPH | Enphase Energy | $1.5M | 0.03% | 12,606 | Common | NONE |
| 28176E108 | EW | Edwards Lifesciences | $1.5M | 0.03% | 21,622 | Common | NONE |
| 803054204 | SAP | SAP ADS | $1.4M | 0.03% | 11,040 | Common | SOLE |
| N6596X109 | NXPI | NXP Semiconductors | $1.4M | 0.02% | 6,793 | Common | NONE |
| 126402106 | CSW | CSW Industrials, Inc. | $1.4M | 0.02% | 7,725 | Common | NONE |
| 44925C103 | ICFI | ICF International | $1.4M | 0.02% | 11,200 | Common | NONE |
| 749685103 | RPM | RPM International | $1.3M | 0.02% | 13,825 | Common | SOLE |
| 74460D109 | PSA | Public Storage International | $1.3M | 0.02% | 4,880 | Common | NONE |
| 576853105 | MTRX | Matrix Service Company | $1.3M | 0.02% | 108,500 | Common | NONE |
| 79466L302 | CRM | Salesforce Inc. | $1.2M | 0.02% | 5,970 | Common | NONE |
| 101137107 | BSX | Boston Scientific | $1.2M | 0.02% | 22,925 | Common | SOLE |
| 437076102 | HD | Home Depot | $1.2M | 0.02% | 3,994 | Common | NONE |
| 91324P102 | UNH | UnitedHealth Group | $1.2M | 0.02% | 2,292 | Common | NONE |
| 98978V103 | ZTS | Zoetis Inc. | $1.1M | 0.02% | 6,434 | Common | SOLE |
| 776696106 | ROP | Roper Technologies | $1.1M | 0.02% | 2,300 | Common | NONE |
| 37733W204 | GSK | GlaxoSmithKline ADS | $955,985 | 0.02% | 26,372 | Common | SOLE |
| 336433107 | FSLR | First Solar | $914,276 | 0.02% | 5,658 | Common | NONE |
| 74340W103 | PLD | Prologis Inc | $871,647 | 0.02% | 7,768 | Common | NONE |
| 159864107 | CRL | Charles River Laboratories | $795,483 | 0.01% | 4,059 | Common | NONE |
| 278865100 | ECL | Ecolab | $786,016 | 0.01% | 4,640 | Common | NONE |
| 48203R104 | JNP | Juniper Networks | $783,678 | 0.01% | 28,200 | Common | NONE |
| 902252105 | TYL | Tyler Technologies | $781,547 | 0.01% | 2,024 | Common | NONE |
| 651639106 | NEM | Newmont | $775,950 | 0.01% | 21,000 | Common | NONE |
| 892356106 | TSCO | Tractor Supply | $768,544 | 0.01% | 3,785 | Common | SOLE |
| 754730109 | RJF | Raymond James Financial | $738,361 | 0.01% | 7,352 | Common | NONE |
| 760759100 | RSG | Republic Services | $713,120 | 0.01% | 5,004 | Common | NONE |
| 13321L108 | CCJ | Cameco Corp | $712,489 | 0.01% | 17,974 | Common | NONE |
| 697435105 | PANW | Palo Alto Networks Inc. | $696,287 | 0.01% | 2,970 | Common | NONE |
| 53263P105 | LMB | Limbach Holdings, Inc | $685,336 | 0.01% | 21,599 | Common | NONE |
| H1467J104 | CB | Chubb | $659,931 | 0.01% | 3,170 | Common | SOLE |
| 609839105 | MPWR | Monolithic Power Systems | $648,186 | 0.01% | 1,403 | Common | SOLE |
| 30214U102 | EXPO | Exponent | $645,681 | 0.01% | 7,543 | Common | NONE |
| 02079K107 | GOOG | Alphabet inc., C | $643,824 | 0.01% | 4,883 | Common | NONE |
| 87971M103 | TU | Telus | $620,920 | 0.01% | 38,000 | Common | SOLE |
| 67077M108 | NTR | Nutrien | $617,600 | 0.01% | 10,000 | Common | SOLE |
| 13646K108 | CP | Canadian Pacific Kansas City Ltd | $585,458 | 0.01% | 7,868 | Common | NONE |
| 629445206 | NVEC | NVE Corporation | $582,290 | 0.01% | 7,089 | Common | NONE |
| 780259305 | SHEL | Shell Plc | $566,480 | 0.01% | 8,799 | Common | SOLE |
| 942622200 | WSO | Watsco | $562,047 | 0.01% | 1,488 | Common | NONE |
| G0403H108 | AON | Aon PLC | $539,502 | 0.01% | 1,664 | Common | NONE |
| 00217Y104 | ATS | ATS Corporation | $527,130 | 0.01% | 12,307 | Common | NONE |
| 012653101 | ALB | Albemarle Corp | $510,120 | 0.01% | 3,000 | Common | SOLE |
| 918204108 | VFC | VF | $487,692 | 0.01% | 27,600 | Common | SOLE |
| 74762E102 | QURE | Quanta Services | $451,774 | 0.01% | 2,415 | Common | NONE |
| 980228308 | WDS | Woodside Energy Group Ltd ADR | $449,637 | 0.01% | 19,306 | Common | NONE |
| 682189105 | ON | ON Semiconductor Corporation | $445,881 | 0.01% | 4,797 | Common | NONE |
| 801056102 | SANM | Sanmina | $431,200 | 0.01% | 7,944 | Common | NONE |
| 30231G102 | XOM | Exxon Mobil | $406,709 | 0.01% | 3,459 | Common | NONE |
| 30303M102 | META | Meta Platforms Inc Cl A | $405,884 | 0.01% | 1,352 | Common | NONE |
| 595017104 | MCHP | Microchip Technology | $404,455 | 0.01% | 5,182 | Common | NONE |
| 01749D105 | ALGM | Allegro MicroSystems, Inc. | $391,041 | 0.01% | 12,243 | Common | NONE |
| 848637104 | SPLKCHF | Splunk | $349,538 | 0.01% | 2,390 | Common | NONE |
| 92826C839 | V | Visa | $346,855 | 0.01% | 1,508 | Common | SOLE |
| 78349D107 | RXST | RxSight | $315,798 | 0.01% | 11,323 | Common | NONE |
| 166764100 | CVX | Chevron Corporation | $312,284 | 0.01% | 1,852 | Common | NONE |
| 855244109 | SBUX | Starbucks | $304,203 | 0.01% | 3,333 | Common | SOLE |
| 65339F101 | NEE | NextEra Energy | $294,757 | 0.01% | 5,145 | Common | SOLE |
| 928254101 | VIRT | Virtu Financial | $284,955 | 0.01% | 16,500 | Common | SOLE |
| 09857L108 | BKNG | Booking Holdings | $277,556 | 0.00% | 90 | Common | NONE |
| 891160509 | TD | Toronto-Dominion Bank | $271,170 | 0.00% | 4,500 | Common | NONE |
| 35671D857 | FCX | Freeport-McMoRan | $254,057 | 0.00% | 6,813 | Common | NONE |
| 189054109 | CLX | Clorox | $250,325 | 0.00% | 1,910 | Common | NONE |
| 370334104 | GIS | General Mills | $247,193 | 0.00% | 3,863 | Common | SOLE |
| 82982T106 | SITM | SITIME CORP COM | $236,498 | 0.00% | 2,070 | Common | NONE |
| 78440P306 | SKM | SK Telecom ADR | $236,060 | 0.00% | 11,000 | Common | SOLE |
| 46625H100 | JPM | JP Morgan Chase | $233,192 | 0.00% | 1,608 | Common | NONE |
| 684060106 | ORANY | Orange ADR | $229,800 | 0.00% | 20,000 | Common | SOLE |
| 268311107 | EDAP | EDAP TMS S.A. | $226,528 | 0.00% | 32,269 | Common | NONE |
| 98980G102 | ZS | Zscaler | $226,072 | 0.00% | 1,453 | Common | NONE |
| G65431127 | NE | Noble Corporation PLC | $223,518 | 0.00% | 4,413 | Common | NONE |
| 09075V102 | BNTX | BioNTech SE | $219,453 | 0.00% | 2,020 | Common | NONE |
| 237266101 | DAR | Darling International | $216,891 | 0.00% | 4,155 | Common | SOLE |
| 22788C105 | CRWD | CrowdStrike Holdings Inc Class A | $212,907 | 0.00% | 1,272 | Common | NONE |
| 451107106 | IDA | Idacorp | $206,030 | 0.00% | 2,200 | Common | NONE |
| 92343V104 | VZ | Verizon Communications | $202,887 | 0.00% | 6,260 | Common | SOLE |
| N14506104 | ESTC | Elastic NV | $201,231 | 0.00% | 2,477 | Common | NONE |
| 595112103 | MU | Micron Technology | $200,689 | 0.00% | 2,950 | Common | SOLE |
| 98983V106 | ZUOUSD | Zoura INC CL A | $151,624 | 0.00% | 18,401 | Common | NONE |
| 462260100 | IOVA | Iovance Biotherapeutics Inc | $119,210 | 0.00% | 26,200 | Common | NONE |
| 405552100 | HLN | Haleon Plc ADR | $95,795 | 0.00% | 11,500 | Common | SOLE |
| 032797300 | AVXL | ANAVEX LIFE SCIENCES CORP COM NEW | $82,137 | 0.00% | 12,540 | Common | NONE |
| 24984K105 | DMTKQ | DermTech Inc. | $40,005 | 0.00% | 27,781 | Common | NONE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.