TRILLIUM ASSET MANAGEMENT, LLC

Registered adviser

CIK

884541

Location

BOSTON, MA

Portfolio Value

Mid $3,250,392,076

Diversification

Diversified

Reports for

Perpetual Ltd

Filing Date

Global Rank

#1,188 / 8,827 ▼ 227

Top Industry

Semiconductors 12.9%

Period ended 4 months ago

Filed Aug 11, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Nov 1, 2026

Form ADV adviser

CRD 110901

Roster of Nov 1, 2026

Regulatory AUM

$4,305,067,957

Main clients

Individuals and high net worth (53% of AUM)

Private funds

1 fund · Private equity funds

Focus by fund count, roster of Nov 1, 2026

$20,494,357 gross assets

Private funds on Schedule D 7.B.(1)

As filed May 20, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$22,504,576 gross assets in 1 fund Private equity funds $22,504,576 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Nov 2026	$4,305,067,957	Individuals and high net worth (53%)
Apr 2025 to Mar 2026	$5,012,664,360	Diversified
Apr 2024 to Mar 2025	$4,966,006,715	Diversified
May 2023 to Mar 2024	$4,471,975,243	Diversified
Apr 2023	$4,471,975,243	Diversified
Apr 2022 to Mar 2023	$5,676,112,804	Diversified

3 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Diversified active

Top 10 weight 35.3%, 47.6 effective positions, active share 61.7% against the S&P 500 as of 2026-06-30; it meets none of the index-like, systematic-like or concentrated tests

Turnover

Low turnover

10.2% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.4 quarters (12+), a floor since 71.3% of the book was already held when coverage starts

Closest benchmark: the S&P 500 as of 2026-06-30, active share 61.7%; sector active share 16.8% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

230 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

7.3%

+0.6 pts

Top 5

25.9%

−1.0 pts

Top 10

35.3%

−2.6 pts

HHI

210

Diversified−14

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	35.1%	$1,141,749,922	43
Industrials	14.3%	$465,437,175	30
Financial Services	13.6%	$442,412,359	39
Consumer Cyclical	8.4%	$273,953,713	23
Communication Services	8.2%	$265,812,533	9
Healthcare	7.8%	$254,695,365	31
Consumer Defensive	3.6%	$117,195,011	16
Real Estate	3.3%	$108,692,903	11
Basic Materials	2.9%	$95,332,270	7
Utilities	1.9%	$62,531,661	4
Unclassified	0.6%	$20,679,059	13
Energy	0.1%	$1,900,105	4

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
BKNG	Booking Holdings Inc.	+92,287	119,196	$21,245,495
HDB	Hdfc Bank Ltd	+87,404	342,146	$8,837,631
CMS	Cms Energy Corp	+72,064	226,709	$17,343,238
EHC	Encompass Health Corp	+57,932	302,395	$30,566,086
TTEK	Tetra Tech Inc	+47,525	647,910	$18,718,119
STEP	StepStone Group Inc.	+44,313	106,446	$4,402,606
SHOP	Shopify Inc.	+39,550	175,200	$20,004,336
LAMR	Lamar Advertising Co	+33,940	53,843	$8,398,431
ROK	Rockwell Automation, Inc	+32,365	46,147	$22,846,456
BJ	BJ's Wholesale Club Holdings, Inc.	+22,961	58,925	$5,139,438
CMG	Chipotle Mexican Grill Inc	+21,270	619,316	$21,056,744
KEY	Keycorp	+20,098	168,196	$3,876,917
FITB	Fifth Third Bancorp	+19,636	390,873	$22,033,511
AJG	Arthur J. Gallagher & Co.	+18,798	57,579	$13,218,411
QCRH	Qcr Holdings Inc	+18,234	54,393	$5,295,158
ALGM	Allegro Microsystems, Inc.	+15,791	143,348	$9,979,887
DT	Dynatrace, Inc.	+14,738	140,716	$6,178,839
NYT	New York Times Co	+14,233	129,107	$9,034,907
OMCL	Omnicell, Inc.	+13,705	115,990	$4,815,904
TRMB	Trimble Inc.	+11,904	122,363	$6,262,538
PLMR	Palomar Holdings, Inc.	+11,354	34,537	$4,365,131
DXCM	Dexcom Inc	+11,177	47,881	$3,224,785
VRNS	Varonis Systems Inc	+10,067	82,862	$3,476,889
ALLY	Ally Financial Inc.	+9,538	106,333	$4,886,001
ROP	Roper Technologies Inc	+8,788	10,179	$3,444,471
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	−266,278	1,192,453	$238,597,920
MKC	Mccormick & Co Inc	−209,340	97,935	$4,937,882
GOOGL	Alphabet Inc.	−195,146	564,783	$201,836,500
AAPL	Apple Inc.	−183,457	521,841	$150,999,911
MSFT	Microsoft Corp	−182,315	399,983	$149,201,658
NEE	Nextera Energy Inc	−153,418	10,036	$880,859
NVO	Novo Nordisk A S	−125,913	19,689	$943,890
BFAM	Bright Horizons Family Solutions Inc.	−104,630	54,372	$3,853,887
COST	Costco Wholesale Corp	−97,322	46,491	$43,490,935
—		−92,600	3,302	$252,338
TJX	Tjx Companies Inc	−74,508	388,513	$58,859,719
MA	Mastercard Inc	−71,692	114,606	$58,861,641
PANW	Palo Alto Networks Inc	−65,860	287,388	$98,005,055
DSI	iShares ESG MSCI KLD 400 ETF	−61,763	70,793	$10,080,215
ASML	Asml Holding NV	−57,114	33,501	$66,648,226
ETN	Eaton Corp plc	−55,086	94,059	$40,080,421
AZN	Astrazeneca PLC	−54,536	208,971	$39,625,081
AMAT	Applied Materials Inc	−53,583	61,218	$44,260,614
LIN	Linde PLC	−53,090	73,973	$38,387,548
TSM	Taiwan Semiconductor Manufacturing Co Ltd	−48,622	152,499	$72,828,947
TT	Trane Technologies plc	−48,484	90,197	$44,301,158
EQIX	Equinix Inc	−44,936	18,120	$18,888,106
ECL	Ecolab Inc.	−42,052	156,801	$43,686,326
V	Visa Inc.	−41,155	81,502	$27,962,521
PWR	Quanta Services, Inc.	−40,217	30,443	$21,920,177
No positions match the current search.

New Positions

Positions the filer opened this quarter

8 positions

Ticker	Company	Shares	Value
OKTA	Okta, Inc.	46,128	$6,294,165
SPXC	SPX Technologies, Inc.	21,901	$5,369,468
MKSI	Mks Inc	11,334	$5,041,363
ENTG	Entegris Inc	25,925	$4,662,870
VLY	Valley National Bancorp	293,399	$4,298,295
IPGP	Ipg Photonics Corp	33,562	$3,937,493
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	2,248	$268,680
CACC	Credit Acceptance Corp	326	$207,577
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
PCTY	Paylocity Holding Corp	88,349	$9,545,225
LW	Lamb Weston Holdings, Inc.	69,045	$2,917,841
MIDD	MIDDLEBY Corp	19,117	$2,534,531
LOW	Lowes Companies Inc	1,103	$260,616
AMGN	Amgen Inc	729	$256,498
BMY	Bristol Myers Squibb Co	3,612	$219,067
T	At&T Inc.	7,261	$210,496
A	Agilent Technologies, Inc.	1,843	$210,065
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

230 tracked positions · $3,250,392,076 total · filing declares 230 positions · $3,250,435,606 · as of Jun 30, 2026

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

Showing 1–50 of 230 positions by value · page 1 of 5

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	1,192,453	-266,278	$238,597,920	−6.2%	26+	before history	7.34%
GOOGL	Alphabet Inc. Communication Services	Reduced	564,783	-195,146	$201,836,500	−7.6%	26+	before history	6.21%
AAPL	Apple Inc. Technology	Reduced	521,841	-183,457	$150,999,911	−15.6%	26+	before history	4.65%
MSFT	Microsoft Corp Technology	Reduced	399,983	-182,315	$149,201,658	−30.8%	26+	before history	4.59%
PANW	Palo Alto Networks Inc Technology	Reduced	287,388	-65,860	$98,005,055	+73.1%	26+	before history	3.02%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	152,499	-48,622	$72,828,947	+7.2%	26+	before history	2.24%
ASML	Asml Holding NV Technology	Reduced	33,501	-57,114	$66,648,226	−44.3%	26+	before history	2.05%
MA	Mastercard Inc Financial Services	Reduced	114,606	-71,692	$58,861,641	−36.8%	26+	before history	1.81%
TJX	Tjx Companies Inc Consumer Cyclical	Reduced	388,513	-74,508	$58,859,719	−20.4%	26+	before history	1.81%
AVGO	Broadcom Inc. Technology	Reduced	127,701	-28,998	$48,239,052	−0.5%	5	$327.85	1.48%
PNC	Pnc Financial Services Group, Inc. Financial Services	Reduced	194,700	-39,351	$47,939,034	−1.6%	26+	before history	1.47%
BAC	Bank Of America Corp Financial Services	Reduced	791,839	-11,608	$45,118,986	+15.2%	26+	before history	1.39%
TT	Trane Technologies plc Industrials	Reduced	90,197	-48,484	$44,301,158	−23.3%	26+	before history	1.36%
AMAT	Applied Materials Inc Technology	Reduced	61,218	-53,583	$44,260,614	+12.8%	26+	before history	1.36%
ECL	Ecolab Inc. Basic Materials	Reduced	156,801	-42,052	$43,686,326	−17.4%	26+	before history	1.34%
COST	Costco Wholesale Corp Consumer Defensive	Reduced	46,491	-97,322	$43,490,935	−69.7%	26+	before history	1.34%
ETN	Eaton Corp plc Industrials	Reduced	94,059	-55,086	$40,080,421	−24.9%	26+	before history	1.23%
AZN	Astrazeneca PLC Healthcare	Reduced	208,971	-54,536	$39,625,081	−23.8%	2	unpriced	1.22%
LIN	Linde PLC Basic Materials	Reduced	73,973	-53,090	$38,387,548	−39.1%	14	$410.12	1.18%
WAB	Westinghouse Air Brake Technologies Corp Industrials	Reduced	128,251	-4,681	$34,576,469	+4.1%	26+	before history	1.06%
UNP	Union Pacific Corp Industrials	Reduced	126,236	-33,844	$34,336,192	−11.6%	26+	before history	1.06%
CDNS	Cadence Design Systems Inc Technology	Reduced	88,620	-28,670	$33,260,858	+2.1%	8	$287.22	1.02%
FSLR	First Solar, Inc. Technology	Reduced	137,423	-4,976	$32,426,331	+15.4%	26+	before history	1.00%
TRV	Travelers Companies, Inc. Financial Services	Reduced	94,972	-7,535	$31,352,156	+4.9%	26+	before history	0.96%
NXPI	NXP Semiconductors N.V. Technology	Reduced	111,448	-29,927	$31,320,231	+12.5%	26+	before history	0.96%
EHC	Encompass Health Corp Healthcare	Added	302,395	+57,932	$30,566,086	+29.3%	10	$95.27	0.94%
NOW	ServiceNow, Inc. Technology	Reduced	306,168	-39,513	$30,396,359	−15.9%	13	$119.09	0.94%
VRTX	Vertex Pharmaceuticals Inc Healthcare	Reduced	60,105	-39,657	$29,855,956	−33.0%	9	$458.01	0.92%
PLD	Prologis, Inc. Real Estate	Reduced	215,681	-21,918	$29,218,305	−7.0%	26+	before history	0.90%
JBHT	Hunt J B Transport Services Inc Industrials	Reduced	99,058	-16,288	$28,670,356	+17.3%	26+	before history	0.88%
AWK	American Water Works Company, Inc. Utilities	Reduced	214,327	-23,357	$28,201,146	−12.8%	26+	before history	0.87%
VMI	Valmont Industries Inc Industrials	Added	48,505	+5,641	$28,016,488	+63.6%	13	$304.37	0.86%
V	Visa Inc. Financial Services	Reduced	81,502	-41,155	$27,962,521	−24.6%	26+	before history	0.86%
NFLX	Netflix Inc Communication Services	Reduced	385,626	-24,967	$27,533,696	−30.3%	11	$58.23	0.85%
JLL	Jones Lang Lasalle Inc Real Estate	Reduced	88,575	-20,182	$27,453,821	−17.1%	26+	before history	0.84%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	77,614	-30,508	$27,372,905	−23.0%	26+	before history	0.84%
UL	Unilever PLC Consumer Defensive	Reduced	447,107	-20,477	$26,880,072	+0.9%	23	unpriced	0.83%
FERG	Ferguson Enterprises Inc. Industrials	Reduced	112,368	-33,030	$26,668,297	−21.4%	8	$210.44	0.82%
ICE	Intercontinental Exchange, Inc. Financial Services	Reduced	200,498	-37,162	$24,683,308	−34.0%	26+	before history	0.76%
XYL	Xylem Inc. Industrials	Reduced	203,219	-24,668	$24,022,517	−11.8%	26+	before history	0.74%
MELI	Mercadolibre Inc Consumer Cyclical	Reduced	14,139	-14,232	$23,999,397	−51.1%	9	$1,887.36	0.74%
ROK	Rockwell Automation, Inc Industrials	Added	46,147	+32,365	$22,846,456	+361.9%	26+	before history	0.70%
SYK	Stryker Corp Healthcare	Reduced	71,991	-33,820	$22,665,646	−34.8%	26+	before history	0.70%
FITB	Fifth Third Bancorp Financial Services	Added	390,873	+19,636	$22,033,511	+27.7%	10	$36.95	0.68%
PWR	Quanta Services, Inc. Industrials	Reduced	30,443	-40,217	$21,920,177	−43.5%	26+	before history	0.67%
URI	United Rentals, Inc. Industrials	Reduced	19,155	-39,316	$21,700,507	−49.1%	7	$810.57	0.67%
NVT	nVent Electric plc Industrials	Reduced	126,329	-15,757	$21,426,661	+27.5%	9	$75.66	0.66%
BKNG	Booking Holdings Inc. Consumer Cyclical	Added	119,196	+92,287	$21,245,495	+4.3%	7	unpriced	0.65%
CMG	Chipotle Mexican Grill Inc Consumer Cyclical	Added	619,316	+21,270	$21,056,744	+10.0%	26+	before history	0.65%
MYRG	Myr Group Inc. Industrials	Reduced	41,875	-7,287	$20,954,250	+51.0%	12	$139.59	0.64%

Showing the top 50 of 230 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

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.