NATURAL INVESTMENTS, LLC

CIK

1800245

Location

WINDSOR, CA

Portfolio Value

Small $300,312,720

Diversification

Diversified

Filing Date

Global Rank

#3,426 / 8,623 ▲ 59 · as of Mar 2026

Top Industry

Semiconductors 10.6%

3Y Alpha vs SPY

+0.6%

Period ended 4 months ago

Filed May 1, 2026 · 3mo

18 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+63.1%

SPY

+65.3%

Annualised alpha

-0.5%

Max drawdown

−23.4%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 7 quarters. Past performance does not predict future results.

Portfolio Concentration

229 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

9.8%

+1.1 pts

Top 5

28.0%

−0.8 pts

Top 10

38.0%

−0.8 pts

HHI

242

Diversified−6

Portfolio Trend

18 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	36.1%	$108,434,363	43
Financial Services	16.6%	$49,765,308	52
Healthcare	13.2%	$39,606,723	36
Industrials	9.2%	$27,728,132	31
Consumer Cyclical	6.0%	$18,045,444	15
Consumer Defensive	5.4%	$16,365,329	14
Communication Services	5.1%	$15,464,187	9
Utilities	3.1%	$9,335,866	8
Basic Materials	2.0%	$5,985,346	4
Real Estate	1.9%	$5,686,673	10
Unclassified	1.1%	$3,231,626	5
Energy	0.2%	$663,723	2

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
AAPL	Apple Inc.	+19,099	115,627	$29,344,976
HDB	Hdfc Bank Ltd	+14,806	56,043	$1,394,349
BSX	Boston Scientific Corp	+11,825	15,861	$995,277
BBN	BlackRock Taxable Municipal Bond Trust	+6,809	56,148	$907,913
VITL	Vital Farms, Inc.	+5,254	18,726	$264,411
EHC	Encompass Health Corp	+4,671	16,202	$1,567,219
ABT	Abbott Laboratories	+4,472	35,470	$3,641,704
PG	PROCTER & GAMBLE Co	+4,448	22,699	$3,278,643
ABBV	AbbVie Inc.	+4,122	32,427	$7,052,548
XYL	Xylem Inc.	+2,952	15,252	$1,822,614
NVDA	Nvidia Corp	+2,372	110,913	$19,343,227
SFM	Sprouts Farmers Market, Inc.	+2,191	6,070	$468,179
BBD	Bank Bradesco	+1,860	17,690	$64,568
UL	Unilever PLC	+1,690	37,871	$2,157,510
T	At&T Inc.	+1,659	17,423	$505,092
RY	Royal Bank Of Canada	+1,476	5,017	$811,650
MDLZ	Mondelez International, Inc.	+1,277	7,838	$451,782
AVGO	Broadcom Inc.	+1,271	5,102	$1,579,120
BMY	Bristol Myers Squibb Co	+1,221	7,892	$478,649
JNJ	Johnson & Johnson	+1,182	8,606	$2,103,650
TD	Toronto Dominion Bank	+1,173	6,246	$582,814
VZ	Verizon Communications Inc	+911	13,643	$684,878
MDT	Medtronic plc	+909	5,810	$503,436
NFLX	Netflix Inc	+821	14,493	$1,393,501
BRK-B	Berkshire Hathaway Inc	+704	2,740	$1,313,008
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVO	Novo Nordisk A S	−12,020	7,412	$272,391
HASI	HA Sustainable Infrastructure Capital, Inc.	−7,132	202,089	$7,426,770
BEPC	Brookfield Renewable Corp	−5,250	79,816	$3,179,071
SHEN	Shenandoah Telecommunications Co/Va/	−5,178	57,195	$881,946
MKC	Mccormick & Co Inc	−4,144	23,682	$1,194,520
AMT	American Tower Corp /Ma/	−3,943	9,599	$1,656,595
ACN	Accenture plc	−3,193	2,760	$547,280
UMC	United Microelectronics Corp	−2,325	16,948	$152,193
EWBC	East West Bancorp Inc	−2,223	8,778	$937,139
SAP	Sap SE	−1,508	6,297	$1,078,109
SMFG	Sumitomo Mitsui Financial Group, Inc.	−1,362	13,499	$266,605
INTC	Intel Corp	−1,230	12,754	$562,834
GOOGL	Alphabet Inc.	−1,169	35,741	$10,277,681
BEP	Brookfield Renewable Partners L.P.	−993	34,784	$1,135,349
BAC	Bank Of America Corp /De/	−804	19,502	$950,722
ECL	Ecolab Inc.	−791	8,007	$2,130,022
NVT	nVent Electric plc	−678	11,248	$1,330,413
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−668	21,026	$7,105,736
GPN	Global Payments Inc	−664	7,908	$532,208
RELX	Relx PLC	−449	11,867	$393,391
ETN	Eaton Corp plc	−420	5,865	$2,097,734
WIT	Wipro Ltd	−412	44,504	$94,348
SAN	Banco Santander, S.A.	−396	32,432	$365,832
ASML	Asml Holding NV	−363	3,036	$4,010,039
BAP	Credicorp Ltd	−360	2,932	$994,475
No positions match the current search.

New Positions

Positions the filer opened this quarter

21 positions

Ticker	Company	Shares	Value
NXT	Nextpower Inc.	12,277	$1,479,992
ROK	Rockwell Automation, Inc	2,492	$894,328
MSCI	MSCI Inc.	1,464	$789,110
WFC	Wells Fargo & Company/Mn	8,650	$688,626
TTEK	Tetra Tech Inc	21,591	$650,320
DXCM	Dexcom Inc	6,984	$438,595
RYN	Rayonier Inc	15,549	$320,620
XOM	ExxonMobil Holdings Corp	1,606	$272,473
VRT	Vertiv Holdings Co	1,077	$269,874
EMR	Emerson Electric Co	1,993	$261,122
FXE	Invesco CurrencyShares Euro Trust	2,256	$240,692
VTR	Ventas, Inc.	2,753	$225,140
VMI	Valmont Industries Inc	555	$221,761
CSX	Csx Corp	5,290	$217,154
KMB	Kimberly Clark Corp	2,201	$212,330
NEM	NEWMONT Corp /DE/	1,955	$211,628
COHR	Coherent Corp.	874	$208,195
FERG	Ferguson Enterprises Inc. /DE/	883	$205,968
XEL	Xcel Energy Inc	2,573	$204,399
O	Realty Income Corp	3,312	$202,628
MUA	Blackrock Muniassets Fund, Inc.	14,125	$149,866
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
BFAM	Bright Horizons Family Solutions Inc.	13,919	$1,411,386
LULU	lululemon athletica inc.	3,567	$741,258
QCOM	Qualcomm Inc/De	1,505	$257,430
FDS	Factset Research Systems Inc	863	$250,433
DIS	Walt Disney Co	2,147	$244,264
CAVA	Cava Group, Inc.	3,843	$225,545
CDNS	Cadence Design Systems Inc	715	$223,494
F	Ford Motor Co	16,865	$221,268
MUFG	Mitsubishi Ufj Financial Group Inc	10,250	$162,565
AGL	agilon health, inc.	18,796	$12,950
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

229 tracked positions · $300,312,720 total · filing declares 288 positions · $405,433 · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 229 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
AAPL	Apple Inc. Technology	Added	115,627	+19,099	$29,344,976	+11.8%	9.77%
NVDA	Nvidia Corp Technology	Added	110,913	+2,372	$19,343,227	−4.4%	6.44%
MSFT	Microsoft Corp Technology	Added	47,681	+632	$17,650,075	−22.4%	5.88%
GOOGL	Alphabet Inc. Communication Services	Reduced	35,741	-1,169	$10,277,681	−11.0%	3.42%
HASI	HA Sustainable Infrastructure Capital, Inc. Financial Services	Reduced	202,089	-7,132	$7,426,770	+12.9%	2.47%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	21,026	-668	$7,105,736	+7.8%	2.37%
ABBV	AbbVie Inc. Healthcare	Added	32,427	+4,122	$7,052,548	+9.0%	2.35%
HD	Home Depot, Inc. Consumer Cyclical	Added	17,783	+10	$5,848,650	−4.4%	1.95%
LLY	ELI LILLY & Co Healthcare	Added	5,498	+84	$5,056,895	−13.1%	1.68%
JPM	Jpmorgan Chase & Co Financial Services	Added	16,546	+38	$4,867,171	−8.5%	1.62%
AMZN	Amazon Com Inc Consumer Cyclical	Added	21,266	+6	$4,429,069	−9.7%	1.47%
ASML	Asml Holding NV Technology	Reduced	3,036	-363	$4,010,039	+10.3%	1.34%
MA	Mastercard Inc Financial Services	Reduced	7,937	-130	$3,965,801	−13.9%	1.32%
ABT	Abbott Laboratories Healthcare	Added	35,470	+4,472	$3,641,704	−6.2%	1.21%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	3,341	+21	$3,329,072	+16.3%	1.11%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	22,699	+4,448	$3,278,643	+25.4%	1.09%
LIN	Linde PLC Basic Materials	Reduced	6,554	-130	$3,249,211	+14.0%	1.08%
BEPC	Brookfield Renewable Corp Utilities	Reduced	79,816	-5,250	$3,179,071	−2.5%	1.06%
PANW	Palo Alto Networks Inc Technology	Added	17,386	+658	$2,787,323	−9.5%	0.93%
UPS	United Parcel Service Inc Industrials	Added	26,379	+282	$2,595,166	+0.3%	0.86%
AXP	American Express Co Financial Services	Added	8,331	+12	$2,519,960	−18.1%	0.84%
TT	Trane Technologies plc Industrials	Reduced	5,593	-287	$2,330,826	+1.8%	0.78%
UL	Unilever PLC Consumer Defensive	Added	37,871	+1,690	$2,157,510	−8.8%	0.72%
V	Visa Inc. Financial Services	Added	7,127	+235	$2,154,064	−10.9%	0.72%
ECL	Ecolab Inc. Basic Materials	Reduced	8,007	-791	$2,130,022	−7.8%	0.71%
JNJ	Johnson & Johnson Healthcare	Added	8,606	+1,182	$2,103,650	+36.9%	0.70%
ETN	Eaton Corp plc Industrials	Reduced	5,865	-420	$2,097,734	+4.8%	0.70%
PEP	Pepsico Inc Consumer Defensive	Reduced	13,228	-52	$2,054,176	+7.8%	0.68%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	12,725	-268	$2,001,388	−4.9%	0.67%
AWK	American Water Works Company, Inc. Utilities	Added	14,573	+222	$1,983,239	+5.9%	0.66%
SHOP	Shopify Inc. Technology	Reduced	15,931	-266	$1,889,735	−27.5%	0.63%
XYL	Xylem Inc. Industrials	Added	15,252	+2,952	$1,822,614	+8.8%	0.61%
SHG	Shinhan Financial Group Co Ltd Financial Services	Added	28,947	+73	$1,775,030	+14.6%	0.59%
MRK	Merck & Co., Inc. Healthcare	Reduced	14,589	-99	$1,754,910	+13.5%	0.58%
HLN	Haleon plc Healthcare	Added	172,976	+537	$1,731,489	−0.7%	0.58%
SONY	Sony Group Corp Technology	Reduced	82,582	-274	$1,709,447	−19.4%	0.57%
PNC	Pnc Financial Services Group, Inc. Financial Services	Reduced	8,148	-156	$1,695,517	−2.2%	0.56%
NOW	ServiceNow, Inc. Technology	Reduced	16,193	-260	$1,692,978	−32.8%	0.56%
PLD	Prologis, Inc. Real Estate	Added	12,616	+4	$1,667,582	+3.6%	0.56%
AMT	American Tower Corp /Ma/ Real Estate	Reduced	9,599	-3,943	$1,656,595	−30.3%	0.55%
UNP	Union Pacific Corp Industrials	Reduced	6,760	-273	$1,640,111	+0.8%	0.55%
AMGN	Amgen Inc Healthcare	Added	4,510	+144	$1,586,843	+11.0%	0.53%
AVGO	Broadcom Inc. Technology	Added	5,102	+1,271	$1,579,120	+19.1%	0.53%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	909	-17	$1,571,679	−15.7%	0.52%
EHC	Encompass Health Corp Healthcare	Added	16,202	+4,671	$1,567,219	+28.1%	0.52%
WAB	Westinghouse Air Brake Technologies Corp Industrials	Added	6,244	+176	$1,560,438	+20.5%	0.52%
TRV	Travelers Companies, Inc. Financial Services	Reduced	5,306	-92	$1,547,654	−1.2%	0.52%
NXT	Nextpower Inc. Technology	NEW	12,277	NEW	$1,479,992	NEW	0.49%
IBM	International Business Machines Corp Technology	Added	5,837	+441	$1,414,830	−11.5%	0.47%
SPY	Spdr S&P 500 ETF Trust	Reduced	2,158	-55	$1,403,433	−7.0%	0.47%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.