Location: Bellingham, WA
CIK: 0001316617 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 11, 2026
Total Value: $7.54B (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| TSM | Taiwan Semiconductor ADS | 2,041,106 | $620M | 8.2% | $18.32 | — | ADR | 874039100 |
| LLY | Eli Lilly | 561,346 | $603M | 8.0% | $42.21 | +2163.6% | Common Stock | 532457108 |
| AVGO | Broadcom Ltd | 1,529,076 | $529M | 7.0% | $153.30 | +132.9% | Common Stock | 11135F101 |
| MSFT | Microsoft | 1,063,439 | $514M | 6.8% | $187.68 | +166.7% | Common Stock | 594918104 |
| AAPL | Apple | 1,786,099 | $486M | 6.4% | $84.93 | +216.0% | Common Stock | 037833100 |
| GOOGL | Alphabet, Class A | 1,440,160 | $451M | 6.0% | $118.29 | +141.4% | Common Stock | 02079K305 |
| NVDA | NVIDIA | 2,229,598 | $416M | 5.5% | $100.76 | +84.7% | Common Stock | 67066G104 |
| ASML | ASML Holding NY | 320,088 | $342M | 4.5% | $79.11 | — | Common Stock | N07059210 |
| JCI | Johnson Controls International | 2,631,693 | $315M | 4.2% | $51.02 | +125.0% | Common Stock | G51502105 |
| TJX | TJX Companies | 1,228,549 | $189M | 2.5% | $33.44 | +341.7% | Common Stock | 872540109 |
| ORCL | Oracle | 943,724 | $184M | 2.4% | $49.69 | +379.1% | Common Stock | 68389X105 |
| ABBV | AbbVie | 780,291 | $178M | 2.4% | $160.42 | +41.8% | Common Stock | 00287Y109 |
| TT | Trane | 402,668 | $157M | 2.1% | $151.44 | +173.1% | Common Stock | G8994E103 |
| AZN | AstraZeneca ADS | 1,635,207 | $150M | 2.0% | $64.96 | — | ADR | 046353108 |
| NOW | ServiceNow | 948,175 | $145M | 1.9% | $159.21 | +7.7% | Common Stock | 81762P102 |
| AZO | AutoZone | 40,931 | $139M | 1.8% | $2489.34 | +51.8% | Common Stock | 053332102 |
| CSCO | Cisco Systems | 1,742,310 | $134M | 1.8% | $25.52 | +189.2% | Common Stock | 17275R102 |
| TRMB | Trimble | 1,688,095 | $132M | 1.8% | $30.06 | +165.1% | Common Stock | 896239100 |
| ROK | Rockwell Automation | 301,462 | $117M | 1.6% | $67.20 | +458.4% | Common Stock | 773903109 |
| SYK | Stryker | 317,184 | $111M | 1.5% | $60.66 | +499.1% | Common Stock | 863667101 |
| NVO | Novo Nordisk ADS | 2,072,619 | $105M | 1.4% | $79.05 | — | ADR | 670100205 |
| LOW | Lowe's | 419,371 | $101M | 1.3% | $34.33 | +598.6% | Common Stock | 548661107 |
| CHD | Church & Dwight | 1,186,630 | $99.5M | 1.3% | $34.94 | +144.1% | Common Stock | 171340102 |
| AMD | Advanced Micro Devices | 423,030 | $90.6M | 1.2% | $153.31 | +46.5% | Common Stock | 007903107 |
| GWW | W.W. Grainger | 81,994 | $82.74M | 1.1% | $201.89 | +379.9% | Common Stock | 384802104 |
| ITW | Illinois Tool Works | 306,443 | $75.48M | 1.0% | $49.85 | +396.6% | Common Stock | 452308109 |
| ETN | Eaton Corp PLC | 203,321 | $64.76M | 0.9% | $225.60 | +57.1% | Common Stock | G29183103 |
| LECO | Lincoln Electric Holdings | 268,975 | $64.46M | 0.9% | $60.59 | +290.9% | Common Stock | 533900106 |
| LIN | Linde | 141,721 | $60.43M | 0.8% | $326.31 | +30.9% | Common Stock | G54950103 |
| ADBE | Adobe | 165,650 | $57.98M | 0.8% | $44.30 | +667.7% | Common Stock | 00724F101 |
| FERG | Ferguson Enterprises Inc | 239,074 | $53.23M | 0.7% | $197.21 | +20.7% | Common Stock | 31488V107 |
| ABT | Abbott Laboratories | 391,855 | $49.1M | 0.7% | $33.21 | +283.4% | Common Stock | 002824100 |
| GPC | Genuine Parts | 384,010 | $47.22M | 0.6% | $54.12 | +137.8% | Common Stock | 372460105 |
| TXN | Texas Instruments | 257,365 | $44.65M | 0.6% | $134.30 | +27.1% | Common Stock | 882508104 |
| NVS | Novartis ADS | 312,662 | $43.11M | 0.6% | $74.14 | — | ADR | 66987V109 |
| CNI | Canadian National Railway | 384,214 | $37.98M | 0.5% | $43.32 | +121.9% | Common Stock | 136375102 |
| UL | Unilever ADS | 575,543 | $37.64M | 0.5% | $65.40 | — | ADR | 904767803 |
| JNJ | Johnson & Johnson | 180,902 | $37.44M | 0.5% | $68.83 | +186.2% | Common Stock | 478160104 |
| WM | Waste Management | 163,631 | $35.95M | 0.5% | $220.61 | -3.6% | Common Stock | 94106L109 |
| CL | Colgate-Palmolive | 450,252 | $35.58M | 0.5% | $47.65 | +64.3% | Common Stock | 194162103 |
| KMB | Kimberly-Clark | 301,117 | $30.38M | 0.4% | $75.39 | +43.8% | Common Stock | 494368103 |
| UPS | United Parcel Service, Cl B | 305,245 | $30.28M | 0.4% | $142.35 | -34.8% | Common Stock | 911312106 |
| KVUE | Kenvue Inc | 1,676,887 | $28.93M | 0.4% | $20.23 | -19.6% | Common Stock | 49177J102 |
| APD | Air Products & Chemicals | 115,991 | $28.65M | 0.4% | $102.15 | +146.4% | Common Stock | 009158106 |
| A | Agilent Technologies | 199,390 | $27.13M | 0.4% | $27.97 | +413.9% | Common Stock | 00846U101 |
| HD | Home Depot | 64,627 | $22.24M | 0.3% | $375.31 | -2.9% | Common Stock | 437076102 |
| CRH | CRH PLC | 174,605 | $21.79M | 0.3% | $106.40 | +12.0% | Common Stock | G25508105 |
| NKE | Nike, Class B | 300,730 | $19.16M | 0.3% | $66.44 | -2.3% | Common Stock | 654106103 |
| MRK | Merck & Co | 141,026 | $14.84M | 0.2% | $99.07 | -5.9% | Common Stock | 58933Y105 |
| B | Barrick Mining Corporation | 212,261 | $9.244M | 0.1% | $20.26 | +84.7% | Common Stock | 06849F108 |
| RIO | Rio Tinto ADS | 106,429 | $8.518M | 0.1% | $64.29 | — | ADR | 767204100 |
| QCOM | Qualcomm | 47,811 | $8.178M | 0.1% | $82.68 | +106.6% | Common Stock | 747525103 |
| SQM | Quimica y Minera Chile ADS | 110,641 | $7.612M | 0.1% | $51.53 | — | ADR | 833635105 |
| AMZN | Amazon.com | 30,484 | $7.036M | 0.1% | $127.89 | +78.9% | Common Stock | 023135106 |
| JBL | Jabil Inc | 29,500 | $6.727M | 0.1% | $105.95 | +101.3% | Common Stock | 466313103 |
| SCCO | Southern Copper | 43,239 | $6.203M | 0.1% | $52.60 | +152.4% | Common Stock | 84265V105 |
| MPWR | Monolithic Power Systems | 6,781 | $6.146M | 0.1% | $623.08 | +54.2% | Common Stock | 609839105 |
| INTU | Intuit | 8,215 | $5.442M | 0.1% | $54.39 | +1114.8% | Common Stock | 461202103 |
| SAP | SAP ADS | 22,121 | $5.373M | 0.1% | $195.52 | — | ADR | 803054204 |
| ORLY | O'Reilly Automotive | 56,250 | $5.131M | 0.1% | $88.94 | +9.8% | Common Stock | 67103H107 |
| APH | Amphenol Corp Class A | 35,515 | $4.799M | 0.1% | $112.63 | +18.6% | Common Stock | 032095101 |
| AEM | Agnico-Eagle Mines | 25,731 | $4.362M | 0.1% | $52.72 | +218.4% | Common Stock | 008474108 |
| BSX | Boston Scientific | 42,804 | $4.081M | 0.1% | $68.39 | +43.4% | Common Stock | 101137107 |
| INFY | Infosys ADS | 210,000 | $3.742M | 0.0% | $19.07 | — | ADR | 456788108 |
| COST | Costco Wholesale | 4,246 | $3.661M | 0.0% | $215.24 | +320.8% | Common Stock | 22160K105 |
| MA | Mastercard, Class A | 5,580 | $3.186M | 0.0% | $332.00 | +68.4% | Common Stock | 57636Q104 |
| META | Meta Platforms Inc Cl A | 4,811 | $3.176M | 0.0% | $485.82 | +37.4% | Common Stock | 30303M102 |
| PWR | Quanta Services | 7,150 | $3.018M | 0.0% | $248.01 | +77.1% | Common Stock | 74762E102 |
| TEL | TE Connectivity | 12,095 | $2.752M | 0.0% | $146.90 | +57.4% | Common Stock | G87052109 |
| RSG | Republic Services | 12,819 | $2.717M | 0.0% | $179.77 | +19.4% | Common Stock | 760759100 |
| MSI | Motorola Solutions | 7,085 | $2.716M | 0.0% | $234.94 | +70.6% | Common Stock | 620076307 |
| CTVA | Corteva | 38,135 | $2.556M | 0.0% | $59.44 | +8.6% | Common Stock | 22052L104 |
| TLK | Telekomunikasi Indonesia ADS | 120,000 | $2.526M | 0.0% | $26.66 | — | ADR | 715684106 |
| PG | Procter & Gamble | 16,444 | $2.357M | 0.0% | $148.00 | -0.6% | Common Stock | 742718109 |
| MCO | Moody's | 4,368 | $2.231M | 0.0% | $53.10 | +817.7% | Common Stock | 615369105 |
| MNST | Monster Beverage | 28,575 | $2.191M | 0.0% | $43.19 | +65.9% | Common Stock | 61174X109 |
| NICE | NICE Systems ADR | 18,892 | $2.136M | 0.0% | $62.28 | — | ADR | 653656108 |
| FIX | Comfort Systems USA | 2,256 | $2.106M | 0.0% | $76.02 | +1114.2% | Common Stock | 199908104 |
| MICC | The Magnum Ice Cream Co BV | 121,551 | $1.927M | 0.0% | $15.68 | 0.0% | Common Stock | N5505D105 |
| PSA | Public Storage International | 6,863 | $1.781M | 0.0% | $229.90 | +20.6% | Common Stock | 74460D109 |
| NEE | NextEra Energy | 22,042 | $1.77M | 0.0% | $71.35 | +15.6% | Common Stock | 65339F101 |
| DHR | Danaher | 7,404 | $1.695M | 0.0% | $200.77 | +9.4% | Common Stock | 235851102 |
| PLD | Prologis Inc | 12,410 | $1.584M | 0.0% | $110.04 | +12.6% | Common Stock | 74340W103 |
| ROST | Ross Stores | 8,434 | $1.519M | 0.0% | $127.31 | +30.9% | Common Stock | 778296103 |
| CRM | Salesforce Inc. | 5,686 | $1.506M | 0.0% | $202.81 | +22.4% | Common Stock | 79466L302 |
| GSK | GlaxoSmithKline ADS | 29,162 | $1.43M | 0.0% | $36.62 | — | ADR | 37733W204 |
| FAST | Fastenal | 34,010 | $1.365M | 0.0% | $25.81 | +62.8% | Common Stock | 311900104 |
| JPM | JP Morgan Chase | 3,873 | $1.248M | 0.0% | $201.21 | +53.8% | Common Stock | 46625H100 |
| WELL | Welltower | 6,360 | $1.18M | 0.0% | $151.01 | +23.5% | Common Stock | 95040Q104 |
| TYL | Tyler Technologies | 2,543 | $1.154M | 0.0% | $477.12 | -0.2% | Common Stock | 902252105 |
| NSC | Norfolk Southern | 3,860 | $1.114M | 0.0% | $61.33 | +370.6% | Common Stock | 655844108 |
| TER | Teradyne | 5,690 | $1.101M | 0.0% | $123.22 | +39.2% | Common Stock | 880770102 |
| FTNT | Fortinet Inc. | 13,625 | $1.082M | 0.0% | $94.47 | -12.2% | Common Stock | 34959E109 |
| EME | EMCOR Group | 1,753 | $1.072M | 0.0% | $480.83 | +34.7% | Common Stock | 29084Q100 |
| EQIX | Equinix | 1,393 | $1.067M | 0.0% | $777.84 | +0.4% | Common Stock | 29444U700 |
| CB | Chubb | 3,170 | $989K | 0.0% | $139.24 | +110.0% | Common Stock | H1467J104 |
| CCJ | Cameco Corp | 10,092 | $923K | 0.0% | $41.44 | +117.0% | Common Stock | 13321L108 |
| CSW | CSW Industrials, Inc. | 3,042 | $893K | 0.0% | $74.30 | +258.4% | Common Stock | 126402106 |
| FSLR | First Solar | 3,208 | $838K | 0.0% | $178.27 | +41.5% | Common Stock | 336433107 |
| D | Dominion Energy | 12,413 | $727K | 0.0% | $46.54 | +28.4% | Common Stock | 25746U109 |
| BHP | BHP Biliton ADR | 12,025 | $726K | 0.0% | $55.67 | — | ADR | 088606108 |
| PSX | Phillips 66 | 5,624 | $726K | 0.0% | $128.62 | +4.2% | Common Stock | 718546104 |
| TSCO | Tractor Supply | 14,330 | $717K | 0.0% | $52.44 | +2.4% | Common Stock | 892356106 |
| AON | Aon PLC | 1,989 | $702K | 0.0% | $200.91 | +73.8% | Common Stock | G0403H108 |
| ITRI | Itron | 6,992 | $649K | 0.0% | $103.73 | +5.0% | Common Stock | 465741106 |
| GOOG | Alphabet inc., C | 2,001 | $628K | 0.0% | $176.37 | +62.4% | Common Stock | 02079K107 |
| NXPI | NXP Semiconductors | 2,879 | $625K | 0.0% | $106.71 | +100.2% | Common Stock | N6596X109 |
| CPT | Camden Property Trust | 5,650 | $622K | 0.0% | $92.64 | +11.3% | Common Stock | 133131102 |
| CPRT | Copart | 15,262 | $598K | 0.0% | $55.96 | -25.9% | Common Stock | 217204106 |
| IBM | International Business Machines | 1,956 | $579K | 0.0% | $171.01 | +74.7% | Common Stock | 459200101 |
| EQR | Equity Residential Property Trust | 9,000 | $567K | 0.0% | $57.27 | +5.9% | Common Stock | 29476L107 |
| FND | Floor & Decor Holdings, Inc. Class | 9,108 | $555K | 0.0% | $79.89 | -18.9% | Common Stock | 339750101 |
| NVT | nVent Electric plc | 5,340 | $545K | 0.0% | $66.23 | +56.5% | Common Stock | G6700G107 |
| MAA | Mid-America Apartment Communities | 3,750 | $521K | 0.0% | $128.71 | +3.3% | Common Stock | 59522J103 |
| SONY | Sony ADS | 20,000 | $512K | 0.0% | $31.09 | — | ADR | 835699307 |
| AGX | Argan, Inc. | 1,589 | $498K | 0.0% | $78.01 | +306.1% | Common Stock | 04010E109 |
| V | Visa | 1,369 | $480K | 0.0% | $223.39 | +52.4% | Common Stock | 92826C839 |
| PANW | Palo Alto Networks Inc. | 2,584 | $476K | 0.0% | $149.40 | +35.0% | Common Stock | 697435105 |
| ISRG | Intuitive Surgical | 783 | $443K | 0.0% | $532.37 | 0.0% | Common Stock | 46120E602 |
| EMR | Emerson Electric | 3,164 | $420K | 0.0% | $119.44 | +10.8% | Common Stock | 291011104 |
| SAN | Banco Santander ADS | 35,400 | $415K | 0.0% | $9.81 | — | ADR | 05964H105 |
| GEV | GE Vernova Inc | 613 | $401K | 0.0% | $609.04 | 0.0% | Common Stock | 36828A101 |
| LMB | Limbach Holdings, Inc | 5,145 | $401K | 0.0% | $27.46 | +199.8% | Common Stock | 53263P105 |
| ECL | Ecolab | 1,500 | $394K | 0.0% | $151.74 | +75.1% | Common Stock | 278865100 |
| BMI | Badger Meter | 2,233 | $389K | 0.0% | $179.79 | 0.0% | Common Stock | 056525108 |
| ACM | Aecom Technology | 3,915 | $373K | 0.0% | $120.14 | -2.4% | Common Stock | 00766T100 |
| SNN | Smith & Nephew plc ADS | 11,178 | $367K | 0.0% | $33.28 | — | ADR | 83175M205 |
| FSS | Federal Signal | 3,341 | $363K | 0.0% | $114.40 | 0.0% | Common Stock | 313855108 |
| SITM | SITIME CORP COM | 1,010 | $357K | 0.0% | $187.26 | +67.1% | Common Stock | 82982T106 |
| IT | Gartner | 1,371 | $346K | 0.0% | $63.95 | +276.4% | Common Stock | 366651107 |
| ENPH | Enphase Energy | 10,515 | $337K | 0.0% | $86.47 | -62.5% | Common Stock | 29355A107 |
| ZS | Zscaler | 1,458 | $328K | 0.0% | $158.33 | +78.3% | Common Stock | 98980G102 |
| PCH | Potlatch | 7,740 | $308K | 0.0% | $46.20 | — | Common Stock | 737630103 |
| AMAT | Applied Materials | 1,185 | $305K | 0.0% | $239.49 | 0.0% | Common Stock | 038222105 |
| EXPO | Exponent | 4,000 | $278K | 0.0% | $74.54 | -6.0% | Common Stock | 30214U102 |
| MU | Micron Technology | 968 | $276K | 0.0% | $229.35 | 0.0% | Common Stock | 595112103 |
| CRWD | CrowdStrike Holdings Inc Class A | 583 | $274K | 0.0% | $454.77 | +12.0% | Common Stock | 22788C105 |
| TD | Toronto-Dominion Bank | 2,850 | $268K | 0.0% | $65.26 | +29.4% | Common Stock | 891160509 |
| INSW | International Seaways, Inc. | 5,402 | $262K | 0.0% | $48.84 | 0.0% | Common Stock | Y41053102 |
| WY | Weyerhaeuser | 10,990 | $260K | 0.0% | $28.96 | -20.6% | Common Stock | 962166104 |
| VIRT | Virtu Financial | 7,500 | $250K | 0.0% | $20.52 | +66.7% | Common Stock | 928254101 |
| ALC | Alcon | 3,045 | $240K | 0.0% | $58.66 | +31.3% | Common Stock | H01301128 |
| WFC | Wells Fargo | 2,558 | $238K | 0.0% | $71.15 | +21.8% | Common Stock | 949746101 |
| NTRS | Northern Trust | 1,667 | $228K | 0.0% | $100.50 | +30.1% | Common Stock | 665859104 |
| SKM | SK Telecom ADR | 11,000 | $226K | 0.0% | $19.51 | — | ADR | 78440P306 |
| RTX | Raytheon Technologies | 1,219 | $224K | 0.0% | $154.28 | +12.3% | Common Stock | 75513E101 |
| STX | Seagate Technology Holdings PLC | 811 | $223K | 0.0% | $169.71 | +52.6% | Common Stock | G7997R103 |
| FBIN | Fortune Brands Innovations | 4,440 | $222K | 0.0% | $62.92 | -20.9% | Common Stock | 34964C106 |
| — | Dynavax Technologies Corp | 13,613 | $209K | 0.0% | $12.77 | — | Common Stock | 268158201 |
| MTRX | Matrix Service Company | 17,606 | $206K | 0.0% | $8.17 | +53.7% | Common Stock | 576853105 |