SEC 13F Intelligence

Managers / Q4 2025 · view latest →

NATURAL INVESTMENTS, LLC

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

Reported Value
$402M
Q4 2025
Positions
280
Filings on Record
18
2020–present window
Filed
Jan 23, 2026
original filing

Summary

Natural Investments, LLC reported $402M in U.S.-listed holdings across 280 positions for Q4 2025.

Its largest position, AAPL, represents 6.5% of the portfolio.

Compared with Q3 2025, the fund opened 79 new positions and exited 37.

Portfolio Metrics

Turnover
+33.0%
vs prior filed quarter
Top-10 Concentration
+36.6%
share of reported value
Largest Position
+6.5%
Apple
New / Exited
79 / 37
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: 68.1%ETP: 22.8%ADR: 7.4%REIT: 1.4%Closed-End Fund: 0.3%Other: 0.1%
  • Common Stock · 68.1% · $273M
  • ETP · 22.8% · $91M
  • ADR · 7.4% · $30M
  • REIT · 1.4% · $5M
  • Closed-End Fund · 0.3% · $1M
  • Other · 0.1% · $372,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DSIISHARES TRNEW+98.8K98.8K+$13M$13M
GOOGLALPHABET INCNEW+36.9K36.9K+$12M$12M
TIDAL TRUST INEW+541.9K541.9K+$11M$11M
ETF SER SOLUTIONSNEW+162.0K162.0K+$10M$10M
EA SERIES TRUSTNEW+303.0K303.0K+$8M$8M
INVESTMENT MANAGERS SER TR INEW+205.0K205.0K+$8M$8M
MANAGER DIRECTED PORTFOLIOSNEW+715.8K715.8K+$7M$7M
PANWPALO ALTO NETWORKS INCNEW+16.7K16.7K+$3M$3M

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

Holdings — Q4 2025

251 positions (from 280 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM6.53%$26M96.5K
2MSFTMICROSOFT CORPhistory →COM5.66%$23M47.0K
3NVDANVIDIA CORPORATIONhistory →COM5.04%$20M108.5K
4DSIISHARES TRESG MSCI KLD 400 · ESG OPTIMIZED · RUS 1000 VAL ETF · GL CLEAN ENE ETF · FLTG RATE NT ETF · MBS ETF · ESG ADVNCD HY BD · S&P 100 ETF · RUSSELL 2000 ETF · CORE S&P500 ETF · ESG AW MSCI EAFE · CORE S&P SCP ETF · CORE MSCI EAFE4.57%$18M183.3K
5GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.72%$15M47.7K
6TIDAL TRUST IADASINA SOCIAL2.74%$11M541.9K
7ETF SER SOLUTIONSUS VEGAN CLIMATE2.45%$10M162.0K
8EA SERIES TRUSTSTANCE SUSTAINAB2.05%$8M303.0K
9INVESTMENT MANAGERS SER TR IAXS GREEN ALPHA1.97%$8M205.0K
10MANAGER DIRECTED PORTFOLIOSVERT GLB SUST RE1.85%$7M715.8K
11TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS1.64%$7M21.7K
12HASIHA SUSTAINABLE INFRA CAP INChistory →COM1.64%$7M209.2K
13ABBVABBVIE INChistory →COM1.61%$6M28.3K
14HDHOME DEPOT INChistory →COM1.52%$6M17.8K
15LLYELI LILLY & COhistory →COM1.45%$6M5.4K
16JPMJPMORGAN CHASE & CO.history →COM1.32%$5M16.5K
17AMZNAMAZON COM INChistory →COM1.22%$5M21.3K
18MAMASTERCARD INCORPORATEDhistory →CL A1.15%$5M8.1K
19ABTABBOTT LABSCOM0.97%$4M31.0K
20AZNNASTRAZENECA PLCSPONSORED ADR0.95%$4M41.7K
21ASMLASML HOLDING N VN Y REGISTRY SHS0.90%$4M3.4K
22BEPCBROOKFIELD RENEWABLE CORPCL A EX SUB VTG0.81%$3M85.1K
23PANWPALO ALTO NETWORKS INCCOM0.77%$3M16.7K
24AXPAMERICAN EXPRESS COCOM0.77%$3M8.3K
25CVSBMORGAN STANLEY ETF TRUSTCALVERT US MDCP · CALVERT ULT SHR · CALVERT US LRGCP · CALVERT US LARCP · CALVERT INTERNAT0.76%$3M46.4K
26TIDAL TRUST IIIAFFORDABLE HOUS0.72%$3M165.2K
27COSTCOSTCO WHSL CORP NEWCOM0.71%$3M3.3K
28LINLINDE PLCSHS0.71%$3M6.7K
29NUSCNUSHARES ETF TRNUVEEN ESG INTL · NUVEEN ESG SMLCP · ESG DIVIDEND ETF · NUVEEN ESG EMRGN · NUVEEN ESG US · ESG HI TLD CRP0.67%$3M85.9K
30PGPROCTER AND GAMBLE COCOM0.65%$3M18.3K
31SHOPSHOPIFY INCCL A SUB VTG SHS0.65%$3M16.2K
32UPSUNITED PARCEL SERVICE INCCL B0.64%$3M26.1K
33BRK/ABERKSHIRE HATHAWAY INC DELCL A · CL B NEW0.63%$3M2.0K
34NOWSERVICENOW INCCOM0.63%$3M16.5K
35VVISA INCCOM CL A0.60%$2M6.9K
36ETHOAMPLIFY ETF TRAMPLIFY ETHO CLI0.60%$2M36.9K
37AMTAMERICAN TOWER CORP NEWCOM0.59%$2M13.5K
38ULUNILEVER PLCSPON ADR NEW0.59%$2M36.2K
39ECLECOLAB INCCOM0.57%$2M8.8K
40TTTRANE TECHNOLOGIES PLCSHS0.57%$2M5.9K
41SONYSONY GROUP CORPSPONSORED ADR0.53%$2M82.9K
42ICEINTERCONTINENTAL EXCHANGE INCOM0.52%$2M13.0K
43ETNEATON CORP PLCSHS0.50%$2M6.3K
44PEPPEPSICO INCCOM0.47%$2M13.3K
45MKCMCCORMICK & CO INCCOM NON VTG0.47%$2M27.8K
46SAPSAP SESPON ADR0.47%$2M7.8K
47AWKAMERICAN WTR WKS CO INC NEWCOM0.47%$2M14.4K
48MELIMERCADOLIBRE INCCOM0.46%$2M926
49HLNHALEON PLCSPON ADS0.43%$2M172.4K
50PNCPNC FINL SVCS GROUP INCCOM0.43%$2M8.3K
51FSLRFIRST SOLAR INCCOM0.42%$2M6.5K
52XYLXYLEM INCCOM0.42%$2M12.3K
53UNPUNION PAC CORPCOM0.40%$2M7.0K
54VUGVANGUARD INDEX FDSGROWTH ETF · TOTAL STK MKT0.40%$2M3.8K
55PLDPROLOGIS INC.COM0.40%$2M12.6K
56ISRGINTUITIVE SURGICAL INCCOM NEW0.40%$2M2.8K
57IBMINTERNATIONAL BUSINESS MACHSCOM0.40%$2M5.4K
58ACNACCENTURE PLC IRELANDSHS CLASS A0.40%$2M6.0K
59FTSDFRANKLIN ETF TRSHRT DUR US GOVT0.40%$2M17.5K
60TRVTRAVELERS COMPANIES INCCOM0.39%$2M5.4K
61GRNBVANECK ETF TRUSTGREEN BOND ETF0.39%$2M64.0K
62SHGSHINHAN FINANCIAL GROUP CO LSPN ADR RESTRD0.39%$2M28.9K
63MRKMERCK & CO INCCOM0.38%$2M14.7K
64JNJJOHNSON & JOHNSONCOM0.38%$2M7.4K
65ADSKAUTODESK INCCOM0.38%$2M5.2K
66SPYSPDR S&P 500 ETF TRTR UNIT0.38%$2M2.2K
67HDBHDFC BANK LTDSPONSORED ADS0.37%$2M41.2K
68AMGNAMGEN INCCOM0.36%$1M4.4K
69BFAMBRIGHT HORIZONS FAM SOL IN DCOM0.35%$1M13.9K
70ALCALCON AGORD SHS0.35%$1M17.7K
71RNRGGLOBAL X FDSRENEWABLE ENERGY · S&P 500 CATHOLIC0.34%$1M36.4K
72MMM3M COCOM0.34%$1M8.5K
73VRSKVERISK ANALYTICS INCCOM0.33%$1M6.0K
74AVGOBROADCOM INCCOM0.33%$1M3.8K
75TELTE CONNECTIVITY PLCORD SHS0.33%$1M5.8K
76WABWABTECCOM0.32%$1M6.1K
77NFLXNETFLIX INCCOM0.32%$1M13.7K
78EWBCEAST WEST BANCORP INCCOM0.31%$1M11.0K
79EHCENCOMPASS HEALTH CORPCOM0.30%$1M11.5K
80FIWFIRST TR EXCHANGE-TRADED FDWTR ETF · NAS CLNEDG GREEN · NASDQ CLN EDGE0.30%$1M15.1K
81NVTNVENT ELECTRIC PLCSHS0.30%$1M11.9K
82CSCOCISCO SYS INCCOM0.29%$1M15.4K
83TJXTJX COS INC NEWCOM0.29%$1M7.5K
84WCNWASTE CONNECTIONS INCCOM0.28%$1M6.5K
85BACBANK AMERICA CORPCOM0.28%$1M20.3K
86CPCANADIAN PACIFIC KANSAS CITYCOM0.26%$1M14.4K
87DEDEERE & COCOM0.26%$1M2.3K
88PRXGPRAXIS FDSIMPACT LARGE CAP0.26%$1M28.2K
89APHAMPHENOL CORP NEWCL A0.25%$1M7.5K
90SYKSTRYKER CORPORATIONCOM0.25%$1M2.9K
91NVONOVO-NORDISK A SADR0.25%$988,00019.4K
92MGKVANGUARD WORLD FDMEGA GRWTH IND · ESG US STK ETF · ESG INTL STK ETF0.24%$975,0007.1K
93ADPAUTOMATIC DATA PROCESSING INCOM0.24%$967,0003.8K
94TANINVESCO EXCH TRADED FD TR IISOLAR ETF0.24%$966,00019.7K
95BEPCBROOKFIELD RENEWABLE PARTNERPARTNERSHIP UNIT0.24%$964,00035.8K
96CBCHUBB LIMITEDCOM0.24%$961,0003.1K
97BAPCREDICORP LTDCOM0.23%$944,0003.3K
98NGGNATIONAL GRID PLCSPONSORED ADR NE0.22%$898,00011.6K
99INTUINTUITCOM0.22%$894,0001.4K
100GILDGILEAD SCIENCES INCCOM0.22%$871,0007.1K

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 ↗.