The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 06-30-2022
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
Address: 1300 N. STATE ST.
BELLINGHAM , WA98225
Form 13F File Number: 028-11042

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
Title: Chief Compliance Officer
Phone: 360-734-9900
Signature, Place, and Date of Signing:
Michael Lewis Bellingham , WA 08-12-2022
[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 reported are 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: 161
Form 13F Information Table Value Total: 4,226,449
(thousands)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name

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.]
No. Form 13F File Number Name


SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8

COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M Common Stock 88579Y101 25,968 200,667 SH SOLE 0 200,000 0 667
Abbott Laboratories Common Stock 002824100 47,640 438,470 SH SOLE 0 373,499 0 64,971
AbbVie Common Stock 00287Y109 30,015 195,971 SH SOLE 0 180,000 0 15,971
Accenture, Class A Common Stock G1151C101 4,444 16,005 SH SOLE 0 9,850 0 6,155
ACI Worldwide Common Stock 004498101 326 12,600 SH SOLE 0 0 0 12,600
Adobe Common Stock 00724F101 127,397 348,022 SH SOLE 0 332,360 0 15,662
Advanced Micro Devices Common Stock 007903107 51,085 668,035 SH SOLE 0 668,000 0 35
Agilent Technologies Common Stock 00846U101 108,238 911,328 SH SOLE 0 900,000 0 11,328
Air Products & Chemicals Common Stock 009158106 26,883 111,790 SH SOLE 0 110,000 0 1,790
Alcoa Corp Common Stock 013872106 204 4,472 SH SOLE 0 2,000 0 2,472
Alcon Common Stock H01301128 1,849 26,454 SH SOLE 0 25,000 0 1,454
Alphabet inc., C Common Stock 02079K107 378 173 SH SOLE 0 0 0 173
Alphabet, Class A Common Stock 02079K305 35,345 16,219 SH SOLE 0 14,184 0 2,035
Amazon.com Common Stock 023135106 3,682 34,671 SH SOLE 0 26,980 0 7,691
Amgen Common Stock 031162100 87,449 359,428 SH SOLE 0 355,000 0 4,428
ANAVEX LIFE SCIENCES CORP COM NEW Common Stock 032797300 123 12,300 SH SOLE 0 0 0 12,300
Aon PLC Common Stock G0403H108 449 1,664 SH SOLE 0 0 0 1,664
Apple Common Stock 037833100 309,655 2,264,887 SH SOLE 0 2,058,700 0 206,187
ASML Holding NY Common Stock N07059210 149,782 314,748 SH SOLE 0 313,800 0 948
AstraZeneca ADS ADR 046353108 52,438 793,673 SH SOLE 0 780,000 0 13,673
Barrick Gold Common Stock 067901108 2,974 168,138 SH SOLE 0 132,000 0 36,138
BCE Common Stock 05534B760 302 6,150 SH SOLE 0 4,000 0 2,150
BHP Biliton ADR ADR 088606108 939 16,717 SH SOLE 0 11,500 0 5,217
Biohaven Pharmaceutical Holding Com Common Stock G11196105 216 1,480 SH SOLE 0 0 0 1,480
Booking Holdings Common Stock 09857L108 397 227 SH SOLE 0 0 0 227
Bristol-Myers Squibb Common Stock 110122108 52,684 684,207 SH SOLE 0 654,000 0 30,207
Canadian National Railway Common Stock 136375102 45,888 408,000 SH SOLE 0 396,000 0 12,000
Canadian Pacific Railway Common Stock 13645T100 1,770 25,339 SH SOLE 0 20,764 0 4,575
Cassava Sciences, Inc. Common Stock 14817C107 450 16,000 SH SOLE 0 0 0 16,000
CGI Group Inc Class A Common Stock 12532H104 478 6,000 SH SOLE 0 0 0 6,000
Charles River Laboratories Common Stock 159864107 769 3,595 SH SOLE 0 0 0 3,595
Chevron Corporation Common Stock 166764100 203 1,400 SH SOLE 0 0 0 1,400
Chubb Common Stock H1467J104 623 3,170 SH SOLE 0 2,810 0 360
Church & Dwight Common Stock 171340102 113,478 1,224,670 SH SOLE 0 1,200,000 0 24,670
Cisco Systems Common Stock 17275R102 92,796 2,176,276 SH SOLE 0 2,105,000 0 71,276
Clorox Common Stock 189054109 386 2,740 SH SOLE 0 0 0 2,740
Colgate-Palmolive Common Stock 194162103 34,778 433,966 SH SOLE 0 433,400 0 566
Columbia Sportswear Common Stock 198516106 429 6,000 SH SOLE 0 0 0 6,000
Comfort Systems USA Common Stock 199908104 757 9,100 SH SOLE 0 0 0 9,100
ConocoPhillips Common Stock 20825C104 1,895 21,100 SH SOLE 0 4,000 0 17,100
Corteva Common Stock 22052L104 16,483 304,449 SH SOLE 0 272,500 0 31,949
Costco Wholesale Common Stock 22160K105 2,228 4,649 SH SOLE 0 3,509 0 1,140
CSW Industrials, Inc. Common Stock 126402106 728 7,070 SH SOLE 0 0 0 7,070
Devon Energy Common Stock 25179M103 1,447 26,260 SH SOLE 0 0 0 26,260
Duke Realty Common Stock 264411505 770 14,020 SH SOLE 0 0 0 14,020
Eaton Corp PLC Common Stock G29183103 346 2,745 SH SOLE 0 0 0 2,745
Ecolab Common Stock 278865100 1,183 7,693 SH SOLE 0 4,350 0 3,343
EDAP TMS S.A. Common Stock 268311107 191 28,100 SH SOLE 0 0 0 28,100
Edwards Lifesciences Common Stock 28176E108 1,910 20,085 SH SOLE 0 10,500 0 9,585
Elanco Animal Health Common Stock 28414H103 377 19,209 SH SOLE 0 0 0 19,209
Eli Lilly Common Stock 532457108 264,453 815,635 SH SOLE 0 805,000 0 10,635
Enphase Energy Common Stock 29355A107 273 1,400 SH SOLE 0 0 0 1,400
Estee Lauder, Class A Common Stock 518439104 117,588 461,725 SH SOLE 0 458,594 0 3,131
Exponent Common Stock 30214U102 642 7,014 SH SOLE 0 0 0 7,014
Fastenal Common Stock 311900104 32,064 642,300 SH SOLE 0 635,800 0 6,500
Floor & Decor Holdings, Inc. Class Common Stock 339750101 947 15,035 SH SOLE 0 0 0 15,035
Fortune Brands Home & Security Common Stock 34964C106 908 15,170 SH SOLE 0 0 0 15,170
GAMCO Investors, Class A Common Stock 361438104 598 28,607 SH SOLE 0 0 0 28,607
Gartner Common Stock 366651107 43,684 180,641 SH SOLE 0 179,900 0 741
Genuine Parts Common Stock 372460105 52,573 395,285 SH SOLE 0 382,000 0 13,285
GlaxoSmithKline ADS ADR 37733W105 28,943 664,890 SH SOLE 0 626,500 0 38,390
Hasbro Common Stock 418056107 954 11,650 SH SOLE 0 0 0 11,650
Helmerich & Payne Common Stock 423452101 267 6,200 SH SOLE 0 0 0 6,200
Home Depot Common Stock 437076102 29,974 109,287 SH SOLE 0 102,100 0 7,187
Honeywell International Common Stock 438516106 45,570 262,182 SH SOLE 0 261,000 0 1,182
Horizon Therapeutics Plc Common Stock G46188101 1,699 21,300 SH SOLE 0 21,300 0 0
ICF International Common Stock 44925C103 1,073 11,295 SH SOLE 0 0 0 11,295
Idacorp Common Stock 451107106 1,398 13,200 SH SOLE 0 0 0 13,200
Illinois Tool Works Common Stock 452308109 57,784 317,061 SH SOLE 0 300,525 0 16,536
Immutep Ltd Common Stock 45257L108 42 20,500 SH SOLE 0 0 0 20,500
Infosys ADS ADR 456788108 1,388 75,000 SH SOLE 0 75,000 0 0
Intel Common Stock 458140100 34,810 930,512 SH SOLE 0 900,000 0 30,512
Intuit Common Stock 461202103 166,854 432,891 SH SOLE 0 419,200 0 13,691
Investco QQQ Trust Common Stock 46090E103 255 909 SH SOLE 0 0 0 909
Johnson & Johnson Common Stock 478160104 94,703 533,507 SH SOLE 0 508,815 0 24,692
Johnson Controls International Common Stock G51502105 69,196 1,445,189 SH SOLE 0 1,421,850 0 23,339
JP Morgan Chase Common Stock 46625H100 214 1,901 SH SOLE 0 0 0 1,901
Juniper Networks Common Stock 48203R104 818 28,685 SH SOLE 0 0 0 28,685
Keysight Technologies Common Stock 49338L103 68,925 500,000 SH SOLE 0 500,000 0 0
Kimberly-Clark Common Stock 494368103 31,753 234,950 SH SOLE 0 230,000 0 4,950
Koninklijke Philips Common Stock 500472303 450 20,904 SH SOLE 0 20,904 0 0
L3Harris Technologies Common Stock 502431109 205 850 SH SOLE 0 0 0 850
Lincoln Electric Holdings Common Stock 533900106 38,328 310,700 SH SOLE 0 307,000 0 3,700
Linde Common Stock G5494J103 39,256 136,528 SH SOLE 0 136,500 0 28
Lowe's Common Stock 548661107 75,967 434,918 SH SOLE 0 415,000 0 19,918
Lululemon Athletica Common Stock 550021109 29,025 106,470 SH SOLE 0 104,000 0 2,470
Mastercard, Class A Common Stock 57636Q104 3,683 11,673 SH SOLE 0 10,274 0 1,399
McCormick & Co Common Stock 579780206 47,741 573,460 SH SOLE 0 559,288 0 14,172
MercadoLibre Common Stock 58733R102 2,165 3,400 SH SOLE 0 3,400 0 0
Merck & Co Common Stock 58933Y105 1,610 17,658 SH SOLE 0 0 0 17,658
Mesa Laboratories Common Stock 59064R109 367 1,800 SH SOLE 0 0 0 1,800
Micro Focus International ADR 594837403 101 30,000 SH SOLE 0 30,000 0 0
Microchip Technology Common Stock 595017104 373 6,425 SH SOLE 0 0 0 6,425
Microsoft Common Stock 594918104 145,702 567,310 SH SOLE 0 541,158 0 26,152
Monster Beverage Common Stock 61174X109 1,612 17,391 SH SOLE 0 16,100 0 1,291
Moody's Common Stock 615369105 1,547 5,689 SH SOLE 0 0 0 5,689
Motorola Solutions Common Stock 620076307 66,417 316,875 SH SOLE 0 316,770 0 105
Newmont Common Stock 651639106 47,500 796,050 SH SOLE 0 772,000 0 24,050
NextEra Energy Common Stock 65339F101 310 4,000 SH SOLE 0 4,000 0 0
NICE Systems ADR ADR 653656108 3,274 17,010 SH SOLE 0 17,010 0 0
Nike, Class B Common Stock 654106103 2,249 22,001 SH SOLE 0 10,276 0 11,725
Norfolk Southern Common Stock 655844108 58,493 257,350 SH SOLE 0 250,000 0 7,350
Novartis ADS ADR 66987V109 27,553 325,958 SH SOLE 0 297,800 0 28,158
Novo Nordisk ADS ADR 670100205 119,376 1,071,306 SH SOLE 0 1,042,445 0 28,861
NVIDIA Common Stock 67066G104 2,200 14,512 SH SOLE 0 9,900 0 4,612
NXP Semiconductors Common Stock N6596X109 1,120 7,563 SH SOLE 0 2,750 0 4,813
OpenText Common Stock 683715106 2,087 55,150 SH SOLE 0 55,150 0 0
Oracle Common Stock 68389X105 54,776 783,968 SH SOLE 0 757,800 0 26,168
Orange ADR ADR 684060106 235 20,000 SH SOLE 0 20,000 0 0
Parker Hannifin Common Stock 701094104 10,042 40,812 SH SOLE 0 40,800 0 12
Paypal Common Stock 70450Y103 212 3,029 SH SOLE 0 2,900 0 129
PepsiCo Common Stock 713448108 217 1,300 SH SOLE 0 1,250 0 50
Pfizer Common Stock 717081103 64,011 1,220,879 SH SOLE 0 1,162,100 0 58,779
PNC Financial Services Group Common Stock 693475105 1,073 6,800 SH SOLE 0 6,800 0 0
PPG Industries Common Stock 693506107 44,192 386,500 SH SOLE 0 379,000 0 7,500
Procter & Gamble Common Stock 742718109 21,249 147,778 SH SOLE 0 136,150 0 11,628
Public Storage International Common Stock 74460D109 1,228 3,929 SH SOLE 0 0 0 3,929
Qualcomm Common Stock 747525103 42,690 334,195 SH SOLE 0 312,550 0 21,645
Quimica y Minera Chile ADS ADR 833635105 1,504 18,000 SH SOLE 0 18,000 0 0
Raymond James Financial Common Stock 754730109 747 8,352 SH SOLE 0 0 0 8,352
Rio Tinto ADS ADR 767204100 3,978 65,210 SH SOLE 0 59,800 0 5,410
Rockwell Automation Common Stock 773903109 59,853 300,300 SH SOLE 0 300,000 0 300
Roper Technologies Common Stock 776696106 671 1,700 SH SOLE 0 0 0 1,700
Ross Stores Common Stock 778296103 887 12,630 SH SOLE 0 1,650 0 10,980
RPM International Common Stock 749685103 1,527 19,400 SH SOLE 0 19,400 0 0
RxSight Common Stock 78349D107 203 14,400 SH SOLE 0 0 0 14,400
SailPoint Technologies Holdings Common Stock 78781P105 564 9,000 SH SOLE 0 0 0 9,000
Salesforce Inc. Common Stock 79466L302 731 4,432 SH SOLE 0 0 0 4,432
SENSEONICS HLDGS INC COM Common Stock 81727U105 18 17,500 SH SOLE 0 0 0 17,500
Shell Plc ADR 780259305 520 9,949 SH SOLE 0 8,900 0 1,049
Sony ADS ADR 835699307 2,761 33,760 SH SOLE 0 30,900 0 2,860
Southern Copper Common Stock 84265V105 897 18,000 SH SOLE 0 17,500 0 500
Stanley Black & Decker Common Stock 854502101 9,533 90,910 SH SOLE 0 81,550 0 9,360
Starbucks Common Stock 855244109 255 3,333 SH SOLE 0 3,213 0 120
STMicroelectronics (NY shares) ADR 861012102 1,866 59,300 SH SOLE 0 3,900 0 55,400
Stryker Common Stock 863667101 62,918 316,280 SH SOLE 0 305,000 0 11,280
Taiwan Semiconductor ADS ADR 874039100 172,395 2,108,809 SH SOLE 0 2,069,796 0 39,013
Take-Two Interactive Software Common Stock 874054109 1,653 13,487 SH SOLE 0 9,000 0 4,487
TE Connectivity Common Stock H84989104 1,460 12,906 SH SOLE 0 3,200 0 9,706
Telekomunikasi Indonesia ADS ADR 715684106 2,337 86,420 SH SOLE 0 67,000 0 19,420
Telus Common Stock 87971M103 2,094 94,000 SH SOLE 0 86,000 0 8,000
Tesla Common Stock 88160R101 249 370 SH SOLE 0 0 0 370
Texas Instruments Common Stock 882508104 41,053 267,187 SH SOLE 0 256,600 0 10,587
TJX Companies Common Stock 872540109 68,693 1,229,950 SH SOLE 0 1,171,778 0 58,172
Toronto-Dominion Bank Common Stock 891160509 426 6,500 SH SOLE 0 0 0 6,500
TotalEnergies SE ADR ADR 89151E109 463 8,800 SH SOLE 0 8,800 0 0
Tractor Supply Common Stock 892356106 1,311 6,765 SH SOLE 0 2,500 0 4,265
Trimble Common Stock 896239100 91,129 1,564,978 SH SOLE 0 1,512,000 0 52,978
Tyler Technologies Common Stock 902252105 886 2,665 SH SOLE 0 750 0 1,915
U.S. PHYSICAL THERAPY INC. - O Common Stock 90337L108 556 5,090 SH SOLE 0 0 0 5,090
Unilever ADS ADR 904767704 23,579 514,487 SH SOLE 0 476,100 0 38,387
Union Pacific Common Stock 907818108 65,705 308,068 SH SOLE 0 300,000 0 8,068
United Parcel Service, Class B Common Stock 911312106 10,885 59,632 SH SOLE 0 45,000 0 14,632
UnitedHealth Group Common Stock 91324P102 1,017 1,980 SH SOLE 0 300 0 1,680
Verizon Communications Common Stock 92343V104 273 5,377 SH SOLE 0 5,000 0 377
VF Common Stock 918204108 1,974 44,680 SH SOLE 0 28,800 0 15,880
Virtu Financial Common Stock 928254101 386 16,500 SH SOLE 0 16,500 0 0
Visa Common Stock 92826C839 379 1,927 SH SOLE 0 900 0 1,027
W.W. Grainger Common Stock 384802104 37,196 81,851 SH SOLE 0 80,000 0 1,851
Walt Disney Company Common Stock 254687106 566 6,000 SH SOLE 0 2,600 0 3,400
Zoura INC CL A Common Stock 98983V106 140 15,650 SH SOLE 0 0 0 15,650