SEC 13F Intelligence

Managers / Q3 2022 · view latest →

SATURNA CAPITAL CORP

CIK 0001316617 · 1300 N. STATE ST., BELLINGHAM, WA, 98225 · 360-734-9900

Reported Value
$4.1B
Q3 2022
Positions
157
Filings on Record
31
2019–present window
Filed
Nov 10, 2022
original filing

Summary

Saturna Capital Corp reported $4.1B in U.S.-listed holdings across 157 positions for Q3 2022.

Its largest position, AAPL, represents 7.6% of the portfolio.

Compared with Q2 2022, the fund opened 10 new positions and exited 14.

Portfolio Metrics

Turnover
+6.9%
vs prior filed quarter
Top-10 Concentration
+37.6%
share of reported value
Largest Position
+7.6%
Apple
New / Exited
10 / 14
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $3.0BQ4 ’18Q1 ’19: $3.4BQ2 ’19: $3.4BQ3 ’19: $3.4BQ4 ’19: $3.7BQ4 ’19Q1 ’20: $3.1BQ2 ’20: $3.6BQ3 ’20: $3.8BQ4 ’20: $3.9BQ4 ’20Q1 ’21: $4.5BQ2 ’21: $4.9BQ3 ’21: $5.0BQ4 ’21: $5.6BQ4 ’21Q1 ’22: $5.0BQ2 ’22: $4.2BQ3 ’22: $4.1BQ4 ’22: $4.6BQ4 ’22Q1 ’23: $5.2BQ2 ’23: $5.8BQ3 ’23: $5.7BQ4 ’23: $6.4BQ4 ’23Q1 ’24: $7.2BQ2 ’24: $7.5BQ3 ’24: $7.6BQ4 ’24: $7.4BQ4 ’24Q1 ’25: $6.7BQ2 ’25: $7.4BQ3 ’25: $7.8BQ4 ’25: $7.5BQ4 ’25Q1 ’26: $7.1Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 83.5%ADR: 8.7%Other: 7.7%NY Reg Shrs: 0.0%REIT: 0.0%
  • Common Stock · 83.5% · $3.4B
  • ADR · 8.7% · $356M
  • Other · 7.7% · $318M
  • NY Reg Shrs · 0.0% · $2M
  • REIT · 0.0% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ELVElevance HealthNEW+139.1K139.1K+$63M$63M
TraneNEW+201.6K201.6K+$29M$29M
GSKGlaxoSmithKline ADSNEW+197.3K197.3K+$6M$6M
PLDPrologis IncNEW+6.8K6.8K+$729,000$729,000
EQNREquinor ADRNEW+14.0K14.0K+$464,000$464,000
ZSZscalerNEW+2.2K2.2K+$362,000$362,000
BNTXBioNTech SENEW+2.3K2.3K+$310,000$310,000
AEMAgnico-Eagle MinesNEW+5.5K5.5K+$233,000$233,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2022

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLApplehistory →Common Stock7.61%$312M2.26M
2LLYEli Lillyhistory →Common Stock6.43%$264M815.6K
3MSFTMicrosofthistory →Common Stock3.70%$152M652.1K
4TSMTaiwan Semiconductor ADShistory →ADR3.53%$145M2.11M
5ASML Holding NYCommon Stock3.19%$131M314.6K
6INTUIntuithistory →Common Stock2.85%$117M301.7K
7AG8Agilent Technologieshistory →Common Stock2.70%$111M911.3K
8NVONovo Nordisk ADShistory →ADR2.60%$107M1.07M
9AMGNAmgenhistory →Common Stock2.56%$105M465.5K
10ELEstee Lauder, Class Ahistory →Common Stock2.43%$100M461.6K
11ADBEAdobehistory →Common Stock2.30%$94M342.0K
12JNJJohnson & Johnsonhistory →Common Stock2.13%$87M533.6K
13CSCOCisco Systemshistory →Common Stock2.12%$87M2.18M
14CHDChurch & Dwighthistory →Common Stock2.12%$87M1.22M
15TRMBTrimblehistory →Common Stock2.08%$85M1.57M
16Johnson Controls InternationalCommon Stock2.07%$85M1.73M
17LOWLowe'shistory →Common Stock1.99%$82M434.6K
18KEYSKeysight Technologieshistory →Common Stock1.92%$79M500.0K
19TJXTJX Companieshistory →Common Stock1.87%$77M1.24M
20MSIMotorola Solutionshistory →Common Stock1.73%$71M316.9K
21ROKRockwell Automationhistory →Common Stock1.58%$65M300.3K
22GOOGLAlphabet, Class Ahistory →Common Stock1.56%$64M669.3K
23SYKStrykerhistory →Common Stock1.55%$64M314.3K
24CTVACortevahistory →Common Stock1.55%$63M1.11M
25ELVElevance Healthhistory →Common Stock1.54%$63M139.1K
26UNPUnion Pacifichistory →Common Stock1.46%$60M308.0K
27GPCGenuine Partshistory →Common Stock1.44%$59M395.0K
28ITWIllinois Tool Workshistory →Common Stock1.40%$57M317.3K
29AZNNAstraZeneca ADShistory →ADR1.40%$57M1.04M
30NSCNorfolk Southernhistory →Common Stock1.33%$54M259.5K
31PFEPfizerhistory →Common Stock1.25%$51M1.17M
32ITGartnerhistory →Common Stock1.22%$50M180.6K
33BMYBristol-Myers Squibbhistory →Common Stock1.19%$49M684.4K
34ORCLOraclehistory →Common Stock1.17%$48M782.7K
35CNRCanadian National Railwayhistory →Common Stock1.07%$44M408.0K
36HONGBPHoneywell Internationalhistory →Common Stock1.07%$44M262.2K
37PPGPPG Industrieshistory →Common Stock1.04%$43M386.6K
38ABTAbbott Laboratorieshistory →Common Stock1.03%$42M438.2K
39AMDAdvanced Micro Deviceshistory →Common Stock1.02%$42M663.0K
40TXNTexas Instrumentshistory →Common Stock1.01%$41M267.3K
41MCXMcCormick & Cohistory →Common Stock1.00%$41M573.2K
42GWWW.W. Graingerhistory →Common Stock0.98%$40M81.9K
43LECOLincoln Electric Holdingshistory →Common Stock0.95%$39M310.7K
44LindeCommon Stock0.90%$37M136.5K
45QCOMQualcommhistory →Common Stock0.89%$36M321.6K
46LULULululemon Athleticahistory →Common Stock0.75%$31M109.8K
47CLColgate-Palmolivehistory →Common Stock0.74%$30M433.5K
48HDHome Depothistory →Common Stock0.74%$30M109.2K
49FASTFastenalhistory →Common Stock0.72%$30M642.3K
50TraneCommon Stock0.71%$29M201.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$7.1B148May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$7.5B150Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$7.8B157Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$7.4B157Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$6.7B149May 2, 202513F-HRchanges · EDGAR ↗
Q4 2024$7.4B157Feb 7, 202513F-HRchanges · EDGAR ↗
Q3 2024$7.6B158Nov 5, 202413F-HRchanges · EDGAR ↗
Q2 2024$7.5B166Jul 31, 202413F-HRchanges · EDGAR ↗
Q1 2024$7.2B170May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$6.4B171Feb 6, 202413F-HRchanges · EDGAR ↗
Q3 2023$5.7B174Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$5.8B166Aug 4, 202313F-HRchanges · EDGAR ↗
Q1 2023$5.2B160May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$4.6B151Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$4.1B157Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$4.2B161Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$5.0B168May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$5.6B173Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$5.0B174Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.9B174Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$4.5B165May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.9B162Feb 12, 2021RESTATEMENTchanges · EDGAR ↗
Q3 2020$3.8B170Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$3.6B166Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$3.1B170May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.7B188Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.4B186Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.4B168Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$3.4B154May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$3.0B149Feb 8, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.