# EDGAR Filing Document

**Accession Number:** 0001316617
**File Stem:** 0001316617-26-000005
**Filing Date:** 2026-5
**Character Count:** 18017
**Document Hash:** bdc724fd7263e08156da60c8864a17f2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001316617-26-000005.hdr.sgml**: 20260512

**ACCESSION NUMBER**: 0001316617-26-000005

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260512

**DATE AS OF CHANGE**: 20260511

**EFFECTIVENESS DATE**: 20260512

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SATURNA CAPITAL CORP
- **CENTRAL INDEX KEY:** 0001316617

**ORGANIZATION NAME:**
- **EIN:** 911454817
- **STATE OF INCORPORATION:** WA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-11042
- **FILM NUMBER:** 26965075

**BUSINESS ADDRESS:**
- **STREET 1:** 1300 N. STATE ST.
- **CITY:** BELLINGHAM
- **STATE:** WA
- **ZIP:** 98225
- **BUSINESS PHONE:** 360-734-9900

**MAIL ADDRESS:**
- **STREET 1:** 1300 N. STATE ST.
- **CITY:** BELLINGHAM
- **STATE:** WA
- **ZIP:** 98225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Saturna Capital CORP
- **DATE OF NAME CHANGE:** 20050203

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** SATURNA CAPITAL CORP<br>**Address:** 1300 N. STATE ST.<br>BELLINGHAM, WA 98225

**Form 13F File Number:** 028-11042

**CRD Number (if applicable):** 000025586

**SEC File Number (if applicable):** 801-35428

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Michael Lewis<br>**Title:** Chief Compliance Officer<br>**Phone:** 360-734-9900

**Signature, Place, and Date of Signing:**

Michael Lewis  Bellingham, WA  05-11-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 148

**Form 13F Information Table Value Total:** $7126763229

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| Abbott Laboratories | COM | 002824100 |  | 40239453 | 391930 | SH |  | SOLE | 0 | 350193 | 0 | 41737 |
| AbbVie | COM | 00287Y109 |  | 170005626 | 781671 | SH |  | SOLE | 0 | 758159 | 0 | 23512 |
| Adobe | COM | 00724F101 |  | 2317282 | 9533 | SH |  | SOLE | 0 | 820 | 0 | 8713 |
| Advanced Micro Devices | COM | 007903107 |  | 85671290 | 421134 | SH |  | SOLE | 0 | 408150 | 0 | 12984 |
| Aecom Technology | COM | 00766T100 |  | 873731 | 10301 | SH |  | SOLE | 0 | 0 | 0 | 10301 |
| Agnico-Eagle Mines | COM | 008474108 |  | 4138356 | 20388 | SH |  | SOLE | 0 | 5300 | 0 | 15088 |
| Air Products  Chemicals | COM | 009158106 |  | 35488001 | 122166 | SH |  | SOLE | 0 | 120862 | 0 | 1304 |
| Alphabet inc. C | COM | 02079K107 |  | 574007 | 2001 | SH |  | SOLE | 0 | 0 | 0 | 2001 |
| Alphabet Class A | COM | 02079K305 |  | 411557023 | 1431204 | SH |  | SOLE | 0 | 1375838 | 0 | 55366 |
| Amazon.com | COM | 023135106 |  | 6257264 | 30044 | SH |  | SOLE | 0 | 27275 | 0 | 2769 |
| Amdocs | COM | G02602103 |  | 274092 | 4200 | SH |  | SOLE | 0 | 4200 | 0 | 0 |
| Amphenol Corp Class A | COM | 032095101 |  | 4062532 | 32153 | SH |  | SOLE | 0 | 13400 | 0 | 18753 |
| Aon PLC | COM | G0403H108 |  | 642009 | 1989 | SH |  | SOLE | 0 | 0 | 0 | 1989 |
| Apple | COM | 037833100 |  | 451781321 | 1780138 | SH |  | SOLE | 0 | 1669536 | 0 | 110602 |
| Applied Materials | COM | 038222105 |  | 543446 | 1590 | SH |  | SOLE | 0 | 0 | 0 | 1590 |
| Argan Inc. | COM | 04010E109 |  | 639964 | 1175 | SH |  | SOLE | 0 | 0 | 0 | 1175 |
| ASML Holding NY | COM | N07059210 |  | 418250065 | 316657 | SH |  | SOLE | 0 | 314950 | 0 | 1707 |
| Astrazeneca PLC | COM | G0593M107 |  | 161970179 | 821571 | SH |  | SOLE | 0 | 804700 | 0 | 16871 |
| AutoZone | COM | 053332102 |  | 138370758 | 40965 | SH |  | SOLE | 0 | 40203 | 0 | 762 |
| Badger Meter | COM | 056525108 |  | 340198 | 2233 | SH |  | SOLE | 0 | 0 | 0 | 2233 |
| Banco Santander ADS | COM | 05964H105 |  | 290220 | 26000 | SH |  | SOLE | 0 | 20000 | 0 | 6000 |
| Barrick Mining Corporation | COM | 06849F108 |  | 8649867 | 212061 | SH |  | SOLE | 0 | 210000 | 0 | 2061 |
| BHP Biliton ADR | COM | 088606108 |  | 874699 | 12025 | SH |  | SOLE | 0 | 8250 | 0 | 3775 |
| Boston Scientific | COM | 101137107 |  | 2684884 | 42787 | SH |  | SOLE | 0 | 27452 | 0 | 15335 |
| Broadcom Ltd | COM | 11135F101 |  | 463392208 | 1497180 | SH |  | SOLE | 0 | 1459198 | 0 | 37982 |
| Camden Property Trust | COM | 133131102 |  | 551779 | 5650 | SH |  | SOLE | 0 | 1050 | 0 | 4600 |
| Cameco Corp | COM | 13321L108 |  | 740775 | 6820 | SH |  | SOLE | 0 | 0 | 0 | 6820 |
| Canadian National Railway | COM | 136375102 |  | 41135029 | 400263 | SH |  | SOLE | 0 | 400263 | 0 | 0 |
| Caterpillar | COM | 149123101 |  | 208996 | 295 | SH |  | SOLE | 0 | 0 | 0 | 295 |
| Chevron Corporation | COM | 166764100 |  | 213728 | 1033 | SH |  | SOLE | 0 | 0 | 0 | 1033 |
| Chubb | COM | H1467J104 |  | 381338 | 1170 | SH |  | SOLE | 0 | 810 | 0 | 360 |
| Church  Dwight | COM | 171340102 |  | 111020564 | 1189676 | SH |  | SOLE | 0 | 1171534 | 0 | 18142 |
| Cisco Systems | COM | 17275R102 |  | 138773051 | 1788543 | SH |  | SOLE | 0 | 1740730 | 0 | 47813 |
| Colgate-Palmolive | COM | 194162103 |  | 38374978 | 450252 | SH |  | SOLE | 0 | 450252 | 0 | 0 |
| Comfort Systems USA | COM | 199908104 |  | 2688341 | 1950 | SH |  | SOLE | 0 | 0 | 0 | 1950 |
| ConocoPhillips | COM | 20825C104 |  | 1989900 | 15075 | SH |  | SOLE | 0 | 0 | 0 | 15075 |
| Copart | COM | 217204106 |  | 1220233 | 36754 | SH |  | SOLE | 0 | 4500 | 0 | 32254 |
| Corning | COM | 219350105 |  | 271940 | 2000 | SH |  | SOLE | 0 | 0 | 0 | 2000 |
| Corteva | COM | 22052L104 |  | 2941151 | 35135 | SH |  | SOLE | 0 | 12010 | 0 | 23125 |
| Costco Wholesale | COM | 22160K105 |  | 4131199 | 4146 | SH |  | SOLE | 0 | 3414 | 0 | 732 |
| CRH PLC | COM | G25508105 |  | 27788998 | 264355 | SH |  | SOLE | 0 | 248503 | 0 | 15852 |
| CrowdStrike Holdings Inc Class A | COM | 22788C105 |  | 210236 | 538 | SH |  | SOLE | 0 | 0 | 0 | 538 |
| CSW Industrials Inc. | COM | 126402106 |  | 342142 | 1313 | SH |  | SOLE | 0 | 0 | 0 | 1313 |
| Danaher | COM | 235851102 |  | 1417450 | 7476 | SH |  | SOLE | 0 | 0 | 0 | 7476 |
| Dominion Energy | COM | 25746U109 |  | 769535 | 12448 | SH |  | SOLE | 0 | 8693 | 0 | 3755 |
| Eaton Corp PLC | COM | G29183103 |  | 71928510 | 201103 | SH |  | SOLE | 0 | 187536 | 0 | 13567 |
| Eli Lilly | COM | 532457108 |  | 510568006 | 555104 | SH |  | SOLE | 0 | 548339 | 0 | 6765 |
| EMCOR Group | COM | 29084Q100 |  | 1971288 | 2670 | SH |  | SOLE | 0 | 2300 | 0 | 370 |
| Emerson Electric | COM | 291011104 |  | 817434 | 6239 | SH |  | SOLE | 0 | 0 | 0 | 6239 |
| Enphase Energy | COM | 29355A107 |  | 414284 | 10957 | SH |  | SOLE | 0 | 0 | 0 | 10957 |
| Equinix | COM | 29444U700 |  | 1365474 | 1393 | SH |  | SOLE | 0 | 155 | 0 | 1238 |
| Equity Residential Property Trust | COM | 29476L107 |  | 532350 | 9000 | SH |  | SOLE | 0 | 1665 | 0 | 7335 |
| Exxon Mobil | COM | 30231G102 |  | 268741 | 1584 | SH |  | SOLE | 0 | 0 | 0 | 1584 |
| Fastenal | COM | 311900104 |  | 1478304 | 31860 | SH |  | SOLE | 0 | 3490 | 0 | 28370 |
| Federal Signal | COM | 313855108 |  | 361296 | 3341 | SH |  | SOLE | 0 | 0 | 0 | 3341 |
| Ferguson Enterprises Inc | COM | 31488V107 |  | 56403435 | 241805 | SH |  | SOLE | 0 | 225450 | 0 | 16355 |
| First Solar | COM | 336433107 |  | 841906 | 4268 | SH |  | SOLE | 0 | 2500 | 0 | 1768 |
| Floor  Decor Holdings Inc. Class | COM | 339750101 |  | 489458 | 9635 | SH |  | SOLE | 0 | 1055 | 0 | 8580 |
| Fortinet Inc. | COM | 34959E109 |  | 1096928 | 13423 | SH |  | SOLE | 0 | 12170 | 0 | 1253 |
| GE Healthcare Technologies | COM | 36266G107 |  | 616063 | 8655 | SH |  | SOLE | 0 | 0 | 0 | 8655 |
| GE Vernova Inc | COM | 36828A101 |  | 535088 | 613 | SH |  | SOLE | 0 | 0 | 0 | 613 |
| Genuine Parts | COM | 372460105 |  | 16075058 | 152010 | SH |  | SOLE | 0 | 150210 | 0 | 1800 |
| GlaxoSmithKline ADS | COM | 37733W204 |  | 1840366 | 33346 | SH |  | SOLE | 0 | 22000 | 0 | 11346 |
| Home Depot | COM | 437076102 |  | 22820362 | 69386 | SH |  | SOLE | 0 | 65344 | 0 | 4042 |
| Illinois Tool Works | COM | 452308109 |  | 79703921 | 306212 | SH |  | SOLE | 0 | 300182 | 0 | 6030 |
| Infosys ADS | COM | 456788108 |  | 2837100 | 210000 | SH |  | SOLE | 0 | 210000 | 0 | 0 |
| International Business Machines | COM | 459200101 |  | 395580 | 1632 | SH |  | SOLE | 0 | 0 | 0 | 1632 |
| International Seaways Inc. | COM | Y41053102 |  | 393698 | 5402 | SH |  | SOLE | 0 | 0 | 0 | 5402 |
| Intuit | COM | 461202103 |  | 1110352 | 2568 | SH |  | SOLE | 0 | 0 | 0 | 2568 |
| Intuitive Surgical | COM | 46120E602 |  | 354040 | 768 | SH |  | SOLE | 0 | 0 | 0 | 768 |
| Itron | COM | 465741106 |  | 268890 | 3000 | SH |  | SOLE | 0 | 0 | 0 | 3000 |
| Jabil Inc | COM | 466313103 |  | 7597018 | 28600 | SH |  | SOLE | 0 | 28600 | 0 | 0 |
| Johnson  Johnson | COM | 478160104 |  | 43798026 | 179177 | SH |  | SOLE | 0 | 165093 | 0 | 14084 |
| Johnson Controls International | COM | G51502105 |  | 341051156 | 2604438 | SH |  | SOLE | 0 | 2570291 | 0 | 34147 |
| JP Morgan Chase | COM | 46625H100 |  | 845122 | 2873 | SH |  | SOLE | 0 | 1200 | 0 | 1673 |
| Kenvue Inc | COM | 49177J102 |  | 28913601 | 1677123 | SH |  | SOLE | 0 | 1676136 | 0 | 987 |
| Kimberly-Clark | COM | 494368103 |  | 29048757 | 301117 | SH |  | SOLE | 0 | 300167 | 0 | 950 |
| Limbach Holdings Inc | COM | 53263P105 |  | 401567 | 5145 | SH |  | SOLE | 0 | 0 | 0 | 5145 |
| Lincoln Electric Holdings | COM | 533900106 |  | 66996293 | 268975 | SH |  | SOLE | 0 | 268975 | 0 | 0 |
| Linde | COM | G54950103 |  | 70856498 | 142925 | SH |  | SOLE | 0 | 135744 | 0 | 7181 |
| Lowe's | COM | 548661107 |  | 97921993 | 414432 | SH |  | SOLE | 0 | 403038 | 0 | 11394 |
| Mastercard Class A | COM | 57636Q104 |  | 2658191 | 5320 | SH |  | SOLE | 0 | 4791 | 0 | 529 |
| Matrix Service Company | COM | 576853105 |  | 202117 | 17606 | SH |  | SOLE | 0 | 0 | 0 | 17606 |
| Merck  Co | COM | 58933Y105 |  | 18939781 | 157451 | SH |  | SOLE | 0 | 140076 | 0 | 17375 |
| Meta Platforms Inc Cl A | COM | 30303M102 |  | 2170661 | 3794 | SH |  | SOLE | 0 | 3200 | 0 | 594 |
| Micron Technology | COM | 595112103 |  | 600680 | 1778 | SH |  | SOLE | 0 | 255 | 0 | 1523 |
| Microsoft | COM | 594918104 |  | 387666640 | 1047266 | SH |  | SOLE | 0 | 1016296 | 0 | 30970 |
| Mid-America Apartment Communities | COM | 59522J103 |  | 420703 | 3445 | SH |  | SOLE | 0 | 775 | 0 | 2670 |
| Monolithic Power Systems | COM | 609839105 |  | 7175656 | 6563 | SH |  | SOLE | 0 | 5895 | 0 | 668 |
| Monster Beverage | COM | 61174X109 |  | 2066922 | 28525 | SH |  | SOLE | 0 | 27900 | 0 | 625 |
| Moody's | COM | 615369105 |  | 1902923 | 4362 | SH |  | SOLE | 0 | 0 | 0 | 4362 |
| Motorola Solutions | COM | 620076307 |  | 2645047 | 6095 | SH |  | SOLE | 0 | 6000 | 0 | 95 |
| NextEra Energy | COM | 65339F101 |  | 1489702 | 16039 | SH |  | SOLE | 0 | 11276 | 0 | 4763 |
| NICE Systems ADR | COM | 653656108 |  | 3268547 | 29644 | SH |  | SOLE | 0 | 28495 | 0 | 1149 |
| Nike Class B | COM | 654106103 |  | 18827161 | 356440 | SH |  | SOLE | 0 | 350285 | 0 | 6155 |
| Norfolk Southern | COM | 655844108 |  | 978670 | 3410 | SH |  | SOLE | 0 | 0 | 0 | 3410 |
| Northern Trust | COM | 665859104 |  | 232663 | 1667 | SH |  | SOLE | 0 | 0 | 0 | 1667 |
| Novartis ADS | COM | 66987V109 |  | 47506472 | 311008 | SH |  | SOLE | 0 | 298064 | 0 | 12944 |
| Novo Nordisk ADS | COM | 670100205 |  | 65805542 | 1790627 | SH |  | SOLE | 0 | 1744042 | 0 | 46585 |
| nVent Electric plc | COM | G6700G107 |  | 603109 | 5099 | SH |  | SOLE | 0 | 3255 | 0 | 1844 |
| NVIDIA | COM | 67066G104 |  | 385248031 | 2208991 | SH |  | SOLE | 0 | 2141513 | 0 | 67478 |
| NXP Semiconductors | COM | N6596X109 |  | 389586 | 1979 | SH |  | SOLE | 0 | 0 | 0 | 1979 |
| O'Reilly Automotive | COM | 67103H107 |  | 4312631 | 46719 | SH |  | SOLE | 0 | 19500 | 0 | 27219 |
| Oracle | COM | 68389X105 |  | 92012450 | 625467 | SH |  | SOLE | 0 | 613850 | 0 | 11617 |
| Palo Alto Networks Inc. | COM | 697435105 |  | 349979 | 2183 | SH |  | SOLE | 0 | 0 | 0 | 2183 |
| Phillips 66 | COM | 718546104 |  | 1518288 | 8334 | SH |  | SOLE | 0 | 0 | 0 | 8334 |
| Procter  Gamble | COM | 742718109 |  | 2107091 | 14588 | SH |  | SOLE | 0 | 3252 | 0 | 11336 |
| Prologis Inc | COM | 74340W103 |  | 1640354 | 12410 | SH |  | SOLE | 0 | 1075 | 0 | 11335 |
| Public Storage International | COM | 74460D109 |  | 1859050 | 6863 | SH |  | SOLE | 0 | 410 | 0 | 6453 |
| Qualcomm | COM | 747525103 |  | 7219922 | 56064 | SH |  | SOLE | 0 | 37000 | 0 | 19064 |
| Quanta Services | COM | 74762E102 |  | 2681414 | 4884 | SH |  | SOLE | 0 | 3700 | 0 | 1184 |
| Quimica y Minera Chile ADS | COM | 833635105 |  | 9808795 | 121186 | SH |  | SOLE | 0 | 116400 | 0 | 4786 |
| Rayonier | COM | 754907103 |  | 290206 | 14074 | SH |  | SOLE | 0 | 5346 | 0 | 8728 |
| Raytheon Technologies | COM | 75513E101 |  | 228972 | 1187 | SH |  | SOLE | 0 | 0 | 0 | 1187 |
| Republic Services | COM | 760759100 |  | 2849231 | 13009 | SH |  | SOLE | 0 | 4200 | 0 | 8809 |
| Rio Tinto ADS | COM | 767204100 |  | 10006659 | 107264 | SH |  | SOLE | 0 | 100825 | 0 | 6439 |
| Rockwell Automation | COM | 773903109 |  | 108195501 | 301481 | SH |  | SOLE | 0 | 300181 | 0 | 1300 |
| Ross Stores | COM | 778296103 |  | 2395061 | 11056 | SH |  | SOLE | 0 | 2750 | 0 | 8306 |
| Salesforce Inc. | COM | 79466L302 |  | 941377 | 5043 | SH |  | SOLE | 0 | 0 | 0 | 5043 |
| SAP ADS | COM | 803054204 |  | 4635190 | 27073 | SH |  | SOLE | 0 | 18405 | 0 | 8668 |
| Seagate Technology Holdings PLC | COM | G7997R103 |  | 261304 | 667 | SH |  | SOLE | 0 | 0 | 0 | 667 |
| ServiceNow | COM | 81762P102 |  | 120369774 | 1151313 | SH |  | SOLE | 0 | 1138209 | 0 | 13104 |
| SITIME CORP COM | COM | 82982T106 |  | 352257 | 1020 | SH |  | SOLE | 0 | 0 | 0 | 1020 |
| SK Telecom ADR | COM | 78440P306 |  | 322190 | 11000 | SH |  | SOLE | 0 | 11000 | 0 | 0 |
| Smith  Nephew plc ADS | COM | 83175M205 |  | 390989 | 12303 | SH |  | SOLE | 0 | 668 | 0 | 11635 |
| Southern Copper | COM | 84265V105 |  | 1252941 | 7282 | SH |  | SOLE | 0 | 7282 | 0 | 0 |
| Stryker | COM | 863667101 |  | 120728238 | 367413 | SH |  | SOLE | 0 | 354079 | 0 | 13334 |
| Taiwan Semiconductor ADS | COM | 874039100 |  | 673230533 | 1992101 | SH |  | SOLE | 0 | 1949221 | 0 | 42880 |
| TE Connectivity | COM | G87052109 |  | 1349851 | 6458 | SH |  | SOLE | 0 | 0 | 0 | 6458 |
| Telekomunikasi Indonesia ADS | COM | 715684106 |  | 2241600 | 120000 | SH |  | SOLE | 0 | 120000 | 0 | 0 |
| Teradyne | COM | 880770102 |  | 1275667 | 4303 | SH |  | SOLE | 0 | 0 | 0 | 4303 |
| Texas Instruments | COM | 882508104 |  | 49966588 | 257374 | SH |  | SOLE | 0 | 250138 | 0 | 7236 |
| TJX Companies | COM | 872540109 |  | 194858754 | 1220155 | SH |  | SOLE | 0 | 1169863 | 0 | 50292 |
| Toronto-Dominion Bank | COM | 891160509 |  | 265934 | 2850 | SH |  | SOLE | 0 | 0 | 0 | 2850 |
| Tractor Supply | COM | 892356106 |  | 649149 | 14330 | SH |  | SOLE | 0 | 2240 | 0 | 12090 |
| Trane | COM | G8994E103 |  | 167417794 | 401732 | SH |  | SOLE | 0 | 397662 | 0 | 4070 |
| Trimble | COM | 896239100 |  | 109752215 | 1682542 | SH |  | SOLE | 0 | 1665406 | 0 | 17136 |
| Tyler Technologies | COM | 902252105 |  | 577937 | 1688 | SH |  | SOLE | 0 | 608 | 0 | 1080 |
| Unilever ADS | COM | 904767803 |  | 45251841 | 794310 | SH |  | SOLE | 0 | 747853 | 0 | 46457 |
| United Parcel Service Cl B | COM | 911312106 |  | 29847508 | 303390 | SH |  | SOLE | 0 | 300170 | 0 | 3220 |
| United Rentals | COM | 911363109 |  | 211282 | 290 | SH |  | SOLE | 0 | 0 | 0 | 290 |
| Visa | COM | 92826C839 |  | 564887 | 1869 | SH |  | SOLE | 0 | 1400 | 0 | 469 |
| W.W. Grainger | COM | 384802104 |  | 89439875 | 81994 | SH |  | SOLE | 0 | 80044 | 0 | 1950 |
| Waste Management | COM | 94106L109 |  | 62258383 | 270936 | SH |  | SOLE | 0 | 266680 | 0 | 4256 |
| Wells Fargo | COM | 949746101 |  | 203642 | 2558 | SH |  | SOLE | 0 | 0 | 0 | 2558 |
| Welltower | COM | 95040Q104 |  | 1424500 | 7205 | SH |  | SOLE | 0 | 430 | 0 | 6775 |
| Weyerhaeuser | COM | 962166104 |  | 268486 | 10990 | SH |  | SOLE | 0 | 4000 | 0 | 6990 |
| Zscaler | COM | 98980G102 |  | 200334 | 1428 | SH |  | SOLE | 0 | 0 | 0 | 1428 |

---