NATURAL INVESTMENTS, LLC

Other Low signal CIK 1800245
League rank
#509
in Other · #1830 overall
Long book
$405.4M
Q1 2026
Positions
288
Top-10 weight
33%
concentration
Last quarter
+14.5%
SPY +14.8%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

NATURAL INVESTMENTS, LLC is an institutional manager, running a $405.4M US long book across 288 positions.

The portfolio is moderately concentrated (top 10 ≈ 33% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: APPLE INC, NVIDIA CORP, MICROSOFT CORP, ISHARES ESG MSCI KLD 400 ETF, ADASINA SOCIAL JUSTICE GLB.

Over the last 6 quarters its long book ran on average 0.5pp per quarter behind the S&P 500, beating the index in 1 of 6 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q4 2024
-3.2%
Q1 2025
+9.3%
Q2 2025
+6.7%
Q3 2025
+2.2%
Q4 2025
-4.4%
Q1 2026
+14.5%

Sector allocation

Technology
40%
Financials
15%
Healthcare
13%
Industrials
9%
Consumer discretionary
8%
Services media
5%
Other
3%
Utilities
3%

Long book by quarter

$361.3M
Q4 2024
$352.7M
Q1 2025
$386.6M
Q2 2025
$403.3M
Q3 2025
$401.8M
Q4 2025
$405.4M
Q1 2026

What does NATURAL INVESTMENTS, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology115.6K$29.3M7.2%+19.8%
NVDA NVIDIA CORPTechnology110.9K$19.3M4.8%+2.2%
MSFT MICROSOFT CORPTechnology47.7K$17.6M4.4%+1.3%
GOOGL ALPHABET INC-CL ATechnology35.7K$10.3M2.5%-3.2%
HASI HA SUSTAINABLE INFRASTRUCTURFinancials202.1K$7.4M1.8%-3.4%
ABBV ABBVIE INCHealthcare32.4K$7.1M1.7%+14.6%
HD HOME DEPOT INCConsumer discretionary17.8K$5.8M1.4%+0.1%
LLY ELI LILLY & COHealthcare5.5K$5.1M1.2%+1.6%
BRK/A BERKSHIRE HATHAWAY INC-CL AFinancials7$5.0M1.2%+250.0%
JPM JPMORGAN CHASE & COFinancials16.5K$4.9M1.2%+0.2%
AMZN AMAZON.COM INCConsumer discretionary21.3K$4.4M1.1%0.0%
ASML ASML HOLDING NV-NY REG SHSIndustrials3.0K$4.0M1.0%-10.7%
MA MASTERCARD INC - AServices media7.9K$4.0M1.0%-1.6%
ABT ABBOTT LABORATORIESHealthcare35.5K$3.6M0.9%+14.4%
GOOG ALPHABET INC-CL CTechnology11.7K$3.4M0.8%+8.5%
COST COSTCO WHOLESALE CORPConsumer discretionary3.3K$3.3M0.8%+0.6%
PG PROCTER & GAMBLE CO/THEOther22.7K$3.3M0.8%+24.4%
LIN LINDE PLCMaterials6.6K$3.2M0.8%-1.9%
BEPC BROOKFIELD RENEWABLE CORPUtilities79.8K$3.2M0.8%-6.2%
PANW PALO ALTO NETWORKS INCTechnology17.4K$2.8M0.7%+3.9%
UPS UNITED PARCEL SERVICE-CL BIndustrials26.4K$2.6M0.6%+1.1%
AXP AMERICAN EXPRESS COFinancials8.3K$2.5M0.6%+0.1%
TT TRANE TECHNOLOGIES PLCTechnology5.6K$2.3M0.6%-4.9%
V VISA INC-CLASS A SHARESServices media7.1K$2.2M0.5%+3.4%
ECL ECOLAB INCOther8.0K$2.1M0.5%-9.0%
JNJ JOHNSON & JOHNSONHealthcare8.6K$2.1M0.5%+15.9%
ETN EATON CORP PLCIndustrials5.9K$2.1M0.5%-6.7%
PEP PEPSICO INCConsumer staples13.2K$2.1M0.5%-0.4%
ICE INTERCONTINENTAL EXCHANGE INFinancials12.7K$2.0M0.5%-2.1%
AWK AMERICAN WATER WORKS CO INCUtilities14.6K$2.0M0.5%+1.5%
SHOP SHOPIFY INC - CLASS ATechnology15.9K$1.9M0.5%-1.6%
XYL XYLEM INCIndustrials15.3K$1.8M0.4%+24.0%
MRK MERCK & CO. INC.Healthcare14.6K$1.8M0.4%-0.7%
PNC PNC FINANCIAL SERVICES GROUPFinancials8.1K$1.7M0.4%-1.9%
NOW SERVICENOW INCTechnology16.2K$1.7M0.4%-1.6%
UNP UNION PACIFIC CORPIndustrials6.8K$1.6M0.4%-3.9%
AMGN AMGEN INCHealthcare4.5K$1.6M0.4%+3.3%
AVGO BROADCOM INCTechnology5.1K$1.6M0.4%+33.2%
MELI MERCADOLIBRE INCServices media909$1.6M0.4%-1.8%
EHC ENCOMPASS HEALTH CORPHealthcare16.2K$1.6M0.4%+40.5%
WAB WABTEC CORPIndustrials6.2K$1.6M0.4%+2.9%
TRV TRAVELERS COS INC/THEFinancials5.3K$1.5M0.4%-1.7%
NXT NEXTPOWER INC-CL ATechnology12.3K$1.5M0.4%New
IBM INTL BUSINESS MACHINES CORPTechnology5.8K$1.4M0.3%+8.2%
NFLX NETFLIX INCServices media14.5K$1.4M0.3%+6.0%
ALC ALCON INCHealthcare17.8K$1.3M0.3%+0.8%
NVT NVENT ELECTRIC PLCIndustrials11.2K$1.3M0.3%-5.7%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials2.7K$1.3M0.3%+34.6%
MMM 3M COHealthcare8.9K$1.3M0.3%+4.6%
DE DEERE & COIndustrials2.3K$1.3M0.3%-0.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 1, 2026288$405.4M $K fixed canonicalSEC ↗
Q4 202513F-HRJan 23, 2026280$401.8M $K fixed canonicalSEC ↗
Q3 202513F-HROct 10, 2025264$403.3M $K fixed canonicalSEC ↗
Q2 202513F-HRJul 25, 2025255$386.6M $K fixed canonicalSEC ↗
Q1 202513F-HRMay 9, 2025246$352.7M $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 7, 2025246$361.3M $K fixed canonicalSEC ↗