NATURAL INVESTMENTS, LLC

CIK

1800245

Location

WINDSOR, CA

Portfolio Value

Micro $15,464,187

Diversification

Diversified

Filing Date

Global Rank

#3,414 / 8,578 ▲ 27

Top Industry

Semiconductors 10.6%

3Y Alpha vs SPY

+2.6%

Period ended 3 months ago

Filed May 1, 2026 · 45d

18 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+86.1%

SPY

+74.2%

Annualised alpha

+2.7%

Max drawdown

−23.4%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

229 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−5

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	Exxon Mobil 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
AGL	agilon health, inc.	18,796	$323,761
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
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

9 positions · $15,464,187 total · Communication Services only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Reduced	35,741	-1,169	$10,277,681	−11.0%	66.46%
NFLX	Netflix Inc Communication Services	Added	14,493	+821	$1,393,501	+8.7%	9.01%
SHEN	Shenandoah Telecommunications Co/Va/ Communication Services	Reduced	57,195	-5,178	$881,946	+22.3%	5.70%
VZ	Verizon Communications Inc Communication Services	Added	13,643	+911	$684,878	+32.1%	4.43%
T	At&T Inc. Communication Services	Added	17,423	+1,659	$505,092	+29.0%	3.27%
TMUS	T-Mobile US, Inc. Communication Services	Added	2,400	+454	$504,072	+27.6%	3.26%
CMCSA	Comcast Corp Communication Services	Added	16,826	+154	$483,074	+3.4%	3.12%
SPOT	Spotify Technology S.A. Communication Services	Reduced	867	-41	$420,416	−20.3%	2.72%
META	Meta Platforms, Inc. Communication Services	Added	548	+2	$313,527	−13.0%	2.03%