SEC 13F Intelligence

Managers / Q1 2025 · view latest →

NATURAL INVESTMENTS, LLC

CIK 0001800245 · 1330 GUMVIEW ROAD, WINDSOR, CA, 95492 · 707-758-0171

Reported Value
$353M
Q1 2025
Positions
246
Filings on Record
18
2019–present window
Filed
May 9, 2025
original filing

Summary

Natural Investments, LLC reported $353M in U.S.-listed holdings across 246 positions for Q1 2025.

Its largest position, AAPL, represents 5.9% of the portfolio.

Compared with Q4 2024, the fund opened 17 new positions and exited 17.

Portfolio Metrics

Turnover
+8.3%
vs prior filed quarter
Top-10 Concentration
+33.7%
share of reported value
Largest Position
+5.9%
Apple
New / Exited
17 / 17
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Q1 ’20: $319MQ1 ’20Q2 ’20: $322MQ3 ’20: $310MQ3 ’20Q4 ’20: $490MQ1 ’21: $509MQ1 ’21Q2 ’21: $489MQ3 ’21: $397MQ3 ’21Q4 ’21: $235MQ1 ’22: $121MQ1 ’22Q2 ’22: $100MQ3 ’22: $80MQ3 ’22Q1 ’25: $353MQ2 ’25: $387MQ2 ’25Q3 ’25: $403MQ4 ’25: $402MQ4 ’25Q1 ’26: $405Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 71.2%ETP: 17.2%ADR: 5.7%Other: 3.5%REIT: 2.0%Closed-End Fund: 0.4%
  • Common Stock · 71.2% · $251M
  • ETP · 17.2% · $61M
  • ADR · 5.7% · $20M
  • Other · 3.5% · $12M
  • REIT · 2.0% · $7M
  • Closed-End Fund · 0.4% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BRK/ABERKSHIRE HATHAWAY INC DELNEW+22+$2M$2M
FLOTISHARES TRNEW+10.5K10.5K+$535,000$535,000
CAVACAVA GROUP INCNEW+5.8K5.8K+$499,000$499,000
URIUNITED RENTALS INCNEW+693693+$434,000$434,000
NUSHARES ETF TRNEW+13.8K13.8K+$383,000$383,000
ICLRICON PLCNEW+2.1K2.1K+$364,000$364,000
BSXBOSTON SCIENTIFIC CORPNEW+3.3K3.3K+$336,000$336,000
VTIVANGUARD INDEX FDSNEW+1.1K1.1K+$311,000$311,000

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

Holdings — Q1 2025

219 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.94%$21M94.3K
2MSFTMICROSOFT CORPhistory →COM5.49%$19M51.5K
3INVESTMENT MANAGERS SER TR IAXS GREEN ALPHA · AXS CHANGE FINAN4.96%$18M567.8K
4DSIISHARES TRESG MSCI KLD 400 · MBS ETF · FLTG RATE NT ETF · GL CLEAN ENE ETF · MSCI USA ESG SLC · ESG ADVNCD HY BD · RUSSELL 2000 ETF · INTRM GOV CR ETF · CORE S&P500 ETF3.69%$13M168.1K
5NVDANVIDIA CORPORATIONhistory →COM3.38%$12M110.1K
6ABBVABBVIE INChistory →COM2.51%$9M42.2K
7HDHOME DEPOT INChistory →COM1.95%$7M18.8K
8MAMASTERCARD INCORPORATEDhistory →CL A1.93%$7M12.4K
9GOOGLALPHABET INCCAP STK CL A · CAP STK CL C1.93%$7M43.8K
10HASIHA SUSTAINABLE INFRA CAP INChistory →COM1.93%$7M232.3K
11TIDAL ETF TRADASINA SOCIAL1.79%$6M348.9K
12ABTABBOTT LABShistory →COM1.57%$6M41.8K
13ETF SER SOLUTIONSUS VEGAN CLIMATE1.54%$5M109.6K
14TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.28%$5M27.1K
15LLYELI LILLY & COhistory →COM1.26%$4M5.4K
16LINLINDE PLChistory →SHS1.21%$4M9.2K
17JPMJPMORGAN CHASE & CO.history →COM1.10%$4M15.8K
18PANWPALO ALTO NETWORKS INChistory →COM1.08%$4M22.3K
19AMTAMERICAN TOWER CORP NEWCOM0.99%$4M16.1K
20AZNNASTRAZENECA PLCSPONSORED ADR0.95%$3M45.7K
21EA SERIES TRUSTSTANCE SUSTAINAB0.95%$3M140.7K
22NOWSERVICENOW INCCOM0.94%$3M4.2K
23ECLECOLAB INCCOM0.90%$3M12.5K
24ASMLASML HOLDING N VN Y REGISTRY SHS0.86%$3M4.6K
25TRVTRAVELERS COMPANIES INCCOM0.86%$3M11.4K
26COSTCOSTCO WHSL CORP NEWCOM0.84%$3M3.1K
27VRSKVERISK ANALYTICS INCCOM0.81%$3M9.6K
28BRK/ABERKSHIRE HATHAWAY INC DELCL A · CL B NEW0.81%$3M2.4K
29UPSUNITED PARCEL SERVICE INCCL B0.78%$3M25.0K
30TTTRANE TECHNOLOGIES PLCSHS0.77%$3M8.1K
31BFAMBRIGHT HORIZONS FAM SOL IN DCOM0.77%$3M21.4K
32ETNEATON CORP PLCSHS0.75%$3M9.8K
33BEPCBROOKFIELD RENEWABLE CORPCL A EX SUB VTG0.75%$3M94.9K
34TMOTHERMO FISHER SCIENTIFIC INCCOM0.75%$3M5.3K
35MKCMCCORMICK & CO INCCOM NON VTG0.73%$3M31.2K
36SHOPSHOPIFY INCCL A0.72%$3M26.7K
37NUSCNUSHARES ETF TRNUVEEN ESG INTL · NUVEEN ESG US · ESG DIVIDEND ETF · NUVEEN ESG SMLCP · ESG HI TLD CRP · NUVEEN ESG EMRGN · NUVEEN ESG LRGCP0.72%$3M88.3K
38UNILEVER PLCSPON ADR NEW0.70%$2M41.2K
39GRNBVANECK ETF TRUSTGREEN BOND ETF · HIP SUSTBLE MUNI0.70%$2M82.3K
40SAPSAP SESPON ADR0.69%$2M9.1K
41UNPUNION PAC CORPCOM0.69%$2M10.3K
42ICEINTERCONTINENTAL EXCHANGE INCOM0.68%$2M13.9K
43ALCALCON AGORD SHS0.68%$2M25.1K
44MANAGER DIRECTED PORTFOLIOSVERT GLB SUST RE0.67%$2M232.1K
45MELIMERCADOLIBRE INCCOM0.66%$2M1.2K
46AWKAMERICAN WTR WKS CO INC NEWCOM0.65%$2M15.6K
47PNCPNC FINL SVCS GROUP INCCOM0.63%$2M12.7K
48AXPAMERICAN EXPRESS COCOM0.62%$2M8.2K
49PGPROCTER AND GAMBLE COCOM0.62%$2M12.7K
50ETHOAMPLIFY ETF TRAMPLIFY ETHO CLI0.60%$2M38.4K
51ACNACCENTURE PLC IRELANDSHS CLASS A0.59%$2M6.7K
52ADSKAUTODESK INCCOM0.55%$2M7.4K
53PEPPEPSICO INCCOM0.55%$2M13.0K
54CVSBMORGAN STANLEY ETF TRUSTCALVERT US LRGCP · CALVERT ULT SHR · CALVERT US LARCP · CALVERT US MDCP · CALVERT US SEL0.55%$2M31.8K
55PLDPROLOGIS INC.COM0.54%$2M17.1K
56VVISA INCCOM CL A0.53%$2M5.4K
57CMGCHIPOTLE MEXICAN GRILL INCCOM0.53%$2M37.3K
58SONYSONY GROUP CORPSPONSORED ADR0.49%$2M68.7K
59WABWABTECCOM0.49%$2M9.5K
60XYLXYLEM INCCOM0.48%$2M14.2K
61TIDAL TRUST IIIAFFORDABLE HOUS0.44%$2M89.9K
62AVGOBROADCOM INCCOM0.44%$2M9.2K
63FTSDFRANKLIN ETF TRSHRT DUR US GOVT0.43%$2M16.9K
64ADPAUTOMATIC DATA PROCESSING INCOM0.43%$2M5.0K
65MANAGED PORTFOLIO SERIESTORTOISE GLOBAL0.42%$1M31.5K
66AMGNAMGEN INCCOM0.42%$1M4.7K
67SPYSPDR S&P 500 ETF TRTR UNIT0.41%$1M2.6K
68EWBCEAST WEST BANCORP INCCOM0.40%$1M15.9K
69NFLXNETFLIX INCCOM0.40%$1M1.5K
70ORAORMAT TECHNOLOGIES INCCOM0.39%$1M19.3K
71LULULULULEMON ATHLETICA INCCOM0.37%$1M4.6K
72HDBHDFC BANK LTDSPONSORED ADS0.36%$1M19.2K
73NKENIKE INCCL B0.36%$1M19.9K
74NVONOVO-NORDISK A SADR0.36%$1M18.2K
75MMM3M COCOM0.35%$1M8.5K
76FSLRFIRST SOLAR INCCOM0.35%$1M9.8K
77UNHUNITEDHEALTH GROUP INCCOM0.34%$1M2.3K
78IBMINTERNATIONAL BUSINESS MACHSCOM0.34%$1M4.8K
79CATHGLOBAL X FDSRENEWABLE ENERGY · S&P 500 CATHOLIC0.33%$1M114.9K
80NXTNEXTRACKER INCCLASS A COM0.33%$1M27.5K
81MRKMERCK & CO INCCOM0.32%$1M12.6K
82SYKSTRYKER CORPORATIONCOM0.31%$1M3.0K
83CPCANADIAN PACIFIC KANSAS CITYCOM0.31%$1M15.6K
84WMTWALMART INCCOM0.31%$1M12.3K
85JNJJOHNSON & JOHNSONCOM0.31%$1M6.5K
86GPNGLOBAL PMTS INCCOM0.29%$1M10.4K
87AMZNAMAZON COM INCCOM0.26%$907,0004.8K
88HLNHALEON PLCSPON ADS0.26%$906,00088.1K
89CBCHUBB LIMITEDCOM0.25%$882,0002.9K
90TMUST-MOBILE US INCCOM0.25%$872,0003.3K
91SBUXSTARBUCKS CORPCOM0.25%$870,0008.9K
92SHGSHINHAN FINANCIAL GROUP CO LSPN ADR RESTRD0.25%$868,00027.1K
93DHRDANAHER CORPORATIONCOM0.25%$865,0004.2K
94CSCOCISCO SYS INCCOM0.25%$865,00014.0K
95FERGFERGUSON ENTERPRISES INCCOMMON STOCK NEW0.24%$859,0005.4K
96SHENSHENANDOAH TELECOMMUNICATIONCOM0.24%$858,00068.3K
97BEPCBROOKFIELD RENEWABLE PARTNERPARTNERSHIP UNIT0.24%$846,00038.2K
98LOWLOWES COS INCCOM0.23%$819,0003.5K
99MGKVANGUARD WORLD FDMEGA GRWTH IND · ESG INTL STK ETF · ESG US STK ETF0.23%$803,0007.7K
100RELXRELX PLCSPONSORED ADR0.22%$780,00015.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$405M288May 1, 202613F-HRchanges · EDGAR ↗
Q4 2025$402M280Jan 23, 202613F-HRchanges · EDGAR ↗
Q3 2025$403M263Oct 10, 202513F-HRchanges · EDGAR ↗
Q2 2025$387M255Jul 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$353M246May 9, 202513F-HRchanges · EDGAR ↗
Q4 2024Under review246Feb 7, 202513F-HRchanges · EDGAR ↗
Q4 2022Under review1Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$80M1Nov 4, 202213F-HRchanges · EDGAR ↗
Q2 2022$100M1Jul 22, 202213F-HRchanges · EDGAR ↗
Q1 2022$121M1May 4, 202213F-HRchanges · EDGAR ↗
Q4 2021$235M2Feb 3, 202213F-HRchanges · EDGAR ↗
Q3 2021$397M3Nov 1, 202113F-HRchanges · EDGAR ↗
Q2 2021$489M3Jul 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$509M3Apr 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$490M3Feb 2, 202113F-HRchanges · EDGAR ↗
Q3 2020$310M2Oct 30, 202013F-HRchanges · EDGAR ↗
Q2 2020$322M2Jul 28, 202013F-HRchanges · EDGAR ↗
Q1 2020$319M2Apr 8, 202013F-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 ↗.