Arjuna Capital's Q4 2025 13F: 19 new positions, 17 exits
Form 13F-HR for the quarter ended Dec 31, 2025 · filed Feb 5, 2026 · 108 reported positions · accession 0001398344-26-002300
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | AMERIPRISE FINL INC (AMP) | 1.5% | — | −1.5 pts | −12,613 sh | −100% |
| Reduced | ISHARES TR (SGOV) | 12.9% | 11.7% | −1.2 pts | −41,406 sh | −8% |
| Exited | PUBLIC STORAGE OPER CO (PSA) | 0.8% | — | −0.8 pts | −11,531 sh | −100% |
| Exited | COMCAST CORP NEW (CMCSA) | 0.7% | — | −0.7 pts | −94,963 sh | −100% |
| Reduced | JOHNSON CTLS INTL PLC (JCI) | 0.8% | 0.2% | −0.6 pts | −23,263 sh | −79% |
| Increased | MANULIFE FINL CORP (MFC) | 0.4% | 1.1% | +0.7 pts | +73,314 sh | +133% |
| New | DONALDSON INC (DCI) | — | 0.7% | +0.7 pts | +29,945 sh | new |
| Reduced | WASTE MGMT INC DEL (WM) | 1.5% | 0.9% | −0.6 pts | −10,845 sh | −40% |
| New | MICRON TECHNOLOGY INC (MU) | — | 0.5% | +0.5 pts | +7,501 sh | new |
| Exited | NOVO-NORDISK A S (NVO) | 0.5% | — | −0.5 pts | −35,652 sh | −100% |
| New | HUBBELL INC (HUBB) | — | 0.5% | +0.5 pts | +4,517 sh | new |
| Increased | VORNADO RLTY TR (VNO) | 0.1% | 0.5% | +0.5 pts | +60,075 sh | +865% |
| New | PACCAR INC (PCAR) | — | 0.5% | +0.5 pts | +16,846 sh | new |
| New | RELIANCE INC (RS) | — | 0.5% | +0.5 pts | +6,363 sh | new |
| Reduced | SEALED AIR CORP NEW (SEE) | 0.5% | 0.2% | −0.4 pts | −43,533 sh | −71% |
| Exited | GRAINGER W W INC (GWW) | 0.4% | — | −0.4 pts | −1,809 sh | −100% |
| New | INTEL CORP (INTC) | — | 0.4% | +0.4 pts | +45,715 sh | new |
| New | QUALCOMM INC (QCOM) | — | 0.4% | +0.4 pts | +9,488 sh | new |
| Exited | TARGET CORP (TGT) | 0.4% | — | −0.4 pts | −17,018 sh | −100% |
| New | CBRE GROUP INC (CBRE) | — | 0.4% | +0.4 pts | +9,621 sh | new |
| Increased | THERMO FISHER SCIENTIFIC INC (TMO) | 0.5% | 0.9% | +0.5 pts | +2,582 sh | +65% |
| New | VOYA FINANCIAL INC (VOYA) | — | 0.4% | +0.4 pts | +19,846 sh | new |
| Reduced | COSTCO WHSL CORP NEW (COST) | 1.2% | 0.7% | −0.4 pts | −1,665 sh | −32% |
| New | PENTAIR PLC (PNR) | — | 0.3% | +0.3 pts | +13,577 sh | new |
| New | AGILENT TECHNOLOGIES INC (A) | — | 0.3% | +0.3 pts | +9,894 sh | new |
| Exited | BXP INC (BXP) | 0.3% | — | −0.3 pts | −17,306 sh | −100% |
| Increased | MCKESSON CORP (MCK) | 0.7% | 1.1% | +0.3 pts | +1,537 sh | +40% |
| Exited | DEERE & CO (DE) | 0.3% | — | −0.3 pts | −2,610 sh | −100% |
| New | DELL TECHNOLOGIES INC (DELL) | — | 0.3% | +0.3 pts | +9,482 sh | new |
| Exited | VERTEX PHARMACEUTICALS INC (VRTX) | 0.3% | — | −0.3 pts | −2,978 sh | −100% |
| Reduced | FASTENAL CO (FAST) | 1.0% | 0.5% | −0.5 pts | −29,060 sh | −36% |
| Exited | MUELLER WTR PRODS INC (MWA) | 0.3% | — | −0.3 pts | −44,578 sh | −100% |
| Increased | EXPEDITORS INTL WASH INC (EXPD) | 0.5% | 0.9% | +0.3 pts | +6,471 sh | +37% |
| Reduced | SPDR SERIES TRUST (SPTI) | 3.6% | 3.3% | −0.2 pts | −27,010 sh | −5% |
| Reduced | INTERNATIONAL BUSINESS MACHS (IBM) | 1.0% | 0.8% | −0.2 pts | −2,534 sh | −18% |
| Increased | AMAZON COM INC (AMZN) | 2.4% | 2.7% | +0.3 pts | +3,154 sh | +7% |
| Increased | METLIFE INC (MET) | 1.1% | 1.2% | +0.1 pts | +8,929 sh | +17% |
| New | UNITED NAT FOODS INC (UNFI) | — | 0.2% | +0.2 pts | +19,468 sh | new |
| New | CSX CORP (CSX) | — | 0.2% | +0.2 pts | +17,972 sh | new |
| Increased | MSC INDL DIRECT INC (MSM) | 1.1% | 1.1% | +0.1 pts | +7,717 sh | +17% |
| New | KONTOOR BRANDS INC (KTB) | — | 0.1% | +0.1 pts | +9,097 sh | new |
| Reduced | VISA INC (V) | 1.1% | 0.9% | −0.1 pts | −1,415 sh | −11% |
| Increased | NVIDIA CORPORATION (NVDA) | 6.8% | 6.8% | 0.0 pts | +2,389 sh | +2% |
| Exited | KYNDRYL HLDGS INC (KD) | 0.1% | — | −0.1 pts | −13,792 sh | −100% |
| Exited | EA SERIES TRUST (CHGX) | 0.1% | — | −0.1 pts | −12,951 sh | −100% |
| Exited | BADGER METER INC (BMI) | 0.1% | — | −0.1 pts | −1,964 sh | −100% |
| Exited | NIKE INC (NKE) | 0.1% | — | −0.1 pts | −4,852 sh | −100% |
| New | REGENERON PHARMACEUTICALS (REGN) | — | 0.1% | +0.1 pts | +443 sh | new |
| Exited | ALBERTSONS COS INC (ACI) | 0.1% | — | −0.1 pts | −19,061 sh | −100% |
| Increased | ALPHABET INC (GOOGL) | 5.4% | 7.0% | +1.5 pts | +1,073 sh | +1% |
The 50 largest of 119 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- UNILEVER PLC (UL): 904767704 → 904767803, 14,923 → 14,019 shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 51.2% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ISHARES TR (SGOV) | 12.9% | 11.7% | |
| 2 | APPLE INC (AAPL) | 7.0% | 7.3% | |
| 3 | ALPHABET INC (GOOGL) | 5.4% | 7.0% | |
| 4 | NVIDIA CORPORATION (NVDA) | 6.8% | 6.8% | |
| 5 | MICROSOFT CORP (MSFT) | 6.4% | 6.0% | |
| 6 | SPDR SERIES TRUST (SPTI) | 3.6% | 3.3% | |
| 7 | AMAZON COM INC (AMZN) | 2.4% | 2.7% | |
| 8 | JPMORGAN CHASE & CO. (JPM) | 2.5% | 2.5% | |
| 9 | BROADCOM INC (AVGO) | 2.2% | 2.3% | |
| 10 | HOME DEPOT INC (HD) | 1.9% | 1.6% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).