Saturna Capital Corp Reports Major Stock Moves

Saturna Capital Corp has made significant adjustments to its portfolio. Notably, they completely divested from $ELV and $BMY, while increasing their stake in $NVDA. These moves could indicate shifts in investment strategy and may affect stock prices of the mentioned companies.

Date: 08-02-2025

AI Rating: 6

Earnings and Stock Adjustments
According to the report, Saturna Capital Corp disclosed substantial changes in their portfolio, specifically regarding several S&P 500 companies. Here are the key elements outlined in the report:

$ELV: A significant decrease of -209,939 shares (~$77,446,497), indicating a complete divestment of nearly 100% from their previous position. This could negatively impact $ELV's stock price as large divestments often signal reduced confidence in a company's future performance.
$NVDA: An addition of 150,867 shares (~$20,259,929), which represents an increase of ~7% over their previous position. This is a more positive sign, as it suggests increased confidence in $NVDA's prospects.
$CSCO: A decrease of -304,461 shares (~$18,024,091) corresponds to a 15% reduction in their holding, indicating a cautious stance towards $CSCO.
$LLY: A slight decrease of -20,329 shares (~$15,693,988) reflects minimal adjustments, suggesting that the company’s recent performance hasn't triggered any drastic changes.
$AVGO: A modest increase of 59,650 shares (~$13,829,256) by ~4% from their previous position hints at ongoing confidence in $AVGO's performance risks.
$BMY: Similar to $ELV, a complete divestment with a decrease of -243,150 shares (~$13,752,564). This could also indicate a lack of confidence in the prospects of $BMY.

Overall, these actions reflect shifts in sentiment and potential repositioning as the market conditions evolve. Investors may react to these moves as indicators of future performance for the respective companies.

Stocks: ELV NVDA CSCO LLY AVGO BMY