NPORT-P false 0000811860 XXXXXXXX S000022510 C000065111 SATURNA INVESTMENT TRUST 811-05071 0000811860 549300DUR2XVDJBC5412 1300 NORTH STATE STREET BELLINGHAM 982254730 3607349900 Saturna Core Fund S000022510 54930080GWPLOH1L5C58 2026-11-30 2026-08-31 N 43661057.720000000000 47984.650000000000 43613073.070000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 0.000000000000 CAD USD GBP JPY EUR MXN N KIMBERLY CLARK DE MEXICO SAB DE CV N/A P60694117 225000 NS 527933.7 1.2104941542 Long EC CORP MX N 2 N N N CHUBB LTD (SWITZERLAND) E0JAN6VLUDI1HITHT809 H1467J104 810 NS USD 274266 0.6288619001 Long EC CORP CH N 1 N N N ASML HOLDING NV N/A N07059210 225 NS USD 381602.25 0.8749721658 Long EC CORP NL N 1 N N N BHP GROUP LTD WZE1WSENV6JSZFK0JC28 088606108 8250 NS USD 774840 1.7766232587 Long EC CORP AU N 1 N N N SOUTH32 LTD N/A 84473L105 19000 NS USD 349030 0.8002875639 Long EC CORP AU N 1 N N N FASTENAL COMPANY 529900PP0C7H2HHPSJ32 311900104 3490 NS USD 172091.9 0.3945878790 Long EC CORP US N 1 N N N PARKER-HANNIFIN CORP 5493002CONDB4N2HKI23 701094104 170 NS USD 166504.8 0.3817772706 Long EC CORP US N 1 N N N EMCOR GROUP INC 529900X0SQJB2J7YDU43 29084Q100 700 NS USD 514178 1.1789538407 Long EC CORP US N 1 N N N UNION PACIFIC CORP 549300LMMRSZZCZ8CL11 907818EB0 250000 PA USD 218108.01 0.5000977795 Long DBT CORP US N 2 2035-02-01 Fixed 3.375000000000 N N N N N N AMAZON.COM INC N/A 023135106 1500 NS USD 389655 0.8934362396 Long EC CORP US N 1 N N N LOWE'S COMPANIES INC WAFCR4OKGSC504WU3E95 548661107 500 NS USD 102350 0.2346773405 Long EC CORP US N 1 N N N ROSS STORES INC 549300ENZFLPGRDFZQ60 778296103 3750 NS USD 857025 1.9650644627 Long EC CORP US N 1 N N N TJX COMPANIES INC (THE) V167QI9I69W364E2DY52 872540109 2700 NS USD 361557 0.8290106029 Long EC CORP US N 1 N N N NESTLE' SA/AG KY37LUS27QQX7BB93L28 641069406 1000 NS USD 97250 0.2229835991 Long EC CORP CH N 1 N N N PROCTER & GAMBLE COMPANY (THE) 2572IBTT8CCZW6AU4141 742718109 1450 NS USD 210424 0.4824791861 Long EC CORP US N 1 N N N GRUPO BIMBO SAB DE CV N/A P4949BAK0 200000 PA USD 174179.66 0.3993748840 Long DBT CORP MX Y 2 2044-06-27 Fixed 4.875000000000 N N N N N N NOVO NORDISK A/S 549300DAQ1CVT6CXN342 670100205 6250 NS USD 283312.5 0.6496045338 Long EC CORP DK N 1 N N N ABBVIE INC N/A 00287Y109 1350 NS USD 346167 0.7937230184 Long EC CORP US N 1 N N N NOVARTIS AG N/A 66987V109 2500 NS USD 380150 0.8716423156 Long EC CORP CH N 1 N N N ANZ GROUP HOLDINGS LTD N/A 03736N104 22000 NS USD 585420 1.3423039442 Long EC CORP AU N 1 N N N BANCO SANTANDER SA N/A 05964H105 20000 NS USD 291200 0.6676897075 Long EC CORP ES N 1 N N N APPLE INC HWUPKR0MPOU8FGXBT394 037833100 2250 NS USD 712912.5 1.6346302836 Long EC CORP US N 1 N N N MICROSOFT CORP INR2EJN1ERAN0W5ZP974 594918104 2000 NS USD 1014580 2.3263208221 Long EC CORP US N 1 N N N MICRON TECHNOLOGY INC B3DXGBC8GAIYWI2Z0172 595112103 1300 NS USD 1246349 2.8577417556 Long EC CORP US N 1 N N N TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LTD 549300KB6NK5SBD14S87 874039100 2550 NS USD 1059066 2.4283223480 Long EC CORP TW N 1 N N N CISCO SYSTEMS INC N/A 17275R102 5000 NS USD 552450 1.2667073451 Long EC CORP US N 1 N N N MASTERCARD INC AR5L2ODV9HN37376R084 57636Q104 1750 NS USD 1031292.5 2.3646407543 Long EC CORP US N 1 N N N ORACLE CORP 1Z4GXXU7ZHVWFCD8TV52 68389X105 1000 NS USD 149120 0.3419158282 Long EC CORP US N 1 N N N AMDOCS LTD N/A G02602103 12400 NS USD 781944 1.7929119527 Long EC CORP GG N 1 N N N VISA INC 549300JZ4OKEHW3DPJ59 92826C839 2400 NS USD 910488 2.0876492664 Long EC CORP US N 1 N N N NVIDIA CORP 549300S4KLFTLO7GSQ80 67066G104 3750 NS USD 827925 1.8983413498 Long EC CORP US N 1 N N N DANONE SA 969500KMUQ2B6CBAF162 23636T100 25000 NS USD 371750 0.8523820356 Long EC CORP FR N 1 N N N FORD MOTOR CO N/A 345370BZ2 220000 PA USD 223523.72 0.5125154094 Long DBT CORP US N 2 2029-02-01 Fixed 6.375000000000 N N N N N N FUJI ELECTRIC COMPANY LTD N/A J14112106 5500 NS 472663.12 1.0837647676 Long EC CORP JP N 2 N N N DOLLARAMA INC 5493002GJ0NJP1HI0C79 25675T107 900 NS 113685.92 0.2606693636 Long EC CORP CA N 1 N N N PRYSMIAN SPA N/A T7630L105 4000 NS 559132.45 1.2820294711 Long EC CORP IT N 2 N N N COPART INC N/A 217204106 4500 NS USD 148455 0.3403910561 Long EC CORP US N 1 N N N DELTA AIR LINES INC N/A 247361ZT8 250000 PA USD 240576.01 0.5516144428 Long DBT CORP US N 2 2029-10-28 Fixed 3.750000000000 N N N N N N CHUBB INA HOLDINGS LLC N/A 00440EAW7 200000 PA USD 164404.61 0.3769617650 Long DBT CORP US N 2 2045-11-03 Fixed 4.350000000000 N N N N N N LINCOLN NATIONAL CORP N/A 534187BP3 250000 PA USD 204493.68 0.4688816119 Long DBT CORP US N 2 2067-04-20 Floating 6.030820000000 N N N N N N SK TELECOM CO LTD N/A 78440P306 16500 NS USD 633435 1.4523970805 Long EC CORP KR N 1 N N N REPUBLIC SERVICES INC NKNQHM6BLECKVOQP7O46 760759100 950 NS USD 209874 0.4812180964 Long EC CORP US N 1 N N N SOCIEDAD QUIMICA Y MINERA DE CHILE SA N/A 833635105 9400 NS USD 742694 1.7029160014 Long EC CORP CL N 1 N N N NORFOLK SOUTHERN CORP N/A 655844CB2 275000 PA USD 233072.9 0.5344106333 Long DBT CORP US N 2 2118-08-01 Fixed 5.100000000000 N N N N N N CSX CORP 549300JVQR4N1MMP3Q88 126408HL0 550000 PA USD 429549.52 0.9849100046 Long DBT CORP US N 2 2068-03-01 Fixed 4.650000000000 N N N N N N COMCAST CORP N/A 20030NBE0 250000 PA USD 203214.05 0.4659475604 Long DBT CORP US N 2 2042-07-15 Fixed 4.650000000000 N N N N N N COCA-COLA COMPANY (THE) UWJKFUJFZ02DKWI3RY53 191216DD9 250000 PA USD 237359.99 0.5442404612 Long DBT CORP US N 2 2028-03-15 Fixed 1.000000000000 N N N N N N SOUTHERN COPPER CORP N/A 84265V105 5135 NS USD 1072547.45 2.4592338363 Long EC CORP US N 1 N N N COMCAST CORP 51M0QTTNCGUN7KFCFZ59 20030NAF8 500000 PA USD 496867.57 1.1392629206 Long DBT CORP US N 2 2035-06-15 Fixed 5.650000000000 N N N N N N GSK PLC 5493000HZTVUYLO1D793 37733W204 18000 NS USD 904500 2.0739194382 Long EC CORP GB N 1 N N N EATON CORP PLC 549300VDIGTMXUNT7H71 G29183103 1565 NS USD 628942.2 1.4420955822 Long EC CORP IE N 1 N N N TRANE TECHNOLOGIES PLC 549300BURLR9SLYY2705 G8994E103 400 NS USD 177760 0.4075842115 Long EC CORP IE N 1 N N N AUTOZONE INC GA3JGKJ41LJKXDN23E90 053332102 90 NS USD 269211.6 0.6172727145 Long EC CORP US N 1 N N N BROADCOM INC 549300WV6GIDOZJTV909 11135F101 795 NS USD 294420.3 0.6750735027 Long EC CORP US N 1 N N N SANDOZ GROUP AG 5493000JWK6XWFEUD320 799926100 2000 NS USD 168220 0.3857100364 Long EC CORP CH N 1 N N N ORACLE CORP 1Z4GXXU7ZHVWFCD8TV52 68389XBV6 500000 PA USD 452826.88 1.0382824418 Long DBT CORP US N 2 2030-04-01 Fixed 2.950000000000 N N N N N N ANTOFAGASTA PLC N/A G0398N128 8000 NS 427094.32 0.9792804999 Long EC CORP GB N 2 N N N FEDERAL HOME LOAN BANKS N/A 3130B47A3 400000 PA USD 398179.28 0.9129814800 Long DBT USGSE US N 2 2029-12-04 Fixed 4.500000000000 N N N N N N VIRGINIA HOUSING DEVELOPMENT AUTHORITY (VA) N/A 92812WUR3 500000 PA USD 493704.05 1.1320093157 Long DBT MUN US N 2 2066-10-01 Fixed 5.950000000000 N N N N N N MARYLAND DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT (MD) N/A 57419T5T4 675000 PA USD 682389.71 1.5646448690 Long DBT MUN US N 2 2053-09-01 Fixed 6.362000000000 N N N N N N CONNECTICUT ST HSG FIN AUTH N/A 20775H7Z0 250000 PA USD 247712.65 0.5679779767 Long DBT MUN US N 2 2055-11-15 Fixed 5.918000000000 N N N N N N FEDEX CORP N/A 31428XCM6 250000 PA USD 223527.67 0.5125244663 Long DBT CORP US Y 2 2035-02-01 Fixed 3.900000000000 N N N N N N CONNECTICUT ST HSG FIN AUTH N/A 20775H7X5 550000 PA USD 543328.34 1.2457923777 Long DBT MUN US N 2 2045-11-15 Fixed 5.798000000000 N N N N N N CRH PLC N/A G25508105 3000 NS USD 282870 0.6485899298 Long EC CORP IE N 1 N N N FUJIKURA LTD N/A J14784128 13000 NS 443393.84 1.0166535142 Long EC CORP JP N 2 N N N UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 254900HROIFWPRGM1V77 912810TY4 1000000 PA USD 904490.66 1.9057096451 Long DBT UST US N 2 2054-02-15 Fixed 2.125000000000 N N N N N N ALTIUS MINERALS CORP N/A 020936100 16000 NS 743576.6 1.7049397065 Long EC CORP CA N 1 N N N UNILEVER PLC N/A 904767803 3999 NS USD 259335.15 0.5946270963 Long EC CORP GB N 1 N N N ASTRAZENECA PLC N/A G0593M107 2000 NS 324260 0.7434926667 Long EC CORP GB N 1 N N N O'REILLY AUTOMOTIVE INC N/A 67103HAL1 200000 PA USD 195365.18 0.4479509611 Long DBT CORP US N 2 2032-06-15 Fixed 4.700000000000 N N N N N N FIRST SOLAR INC N/A 336433107 2500 NS USD 504750 1.1573364693 Long EC CORP US N 1 N N N SIMON PROPERTY GROUP INC N/A 828806109 3250 NS USD 690040 1.5821861461 Long EC CORP US N 1 N N N ORANGE SA N/A 684060106 20000 NS USD 357000 0.8185619010 Long EC CORP FR N 1 N N N ALPHABET INC 5493006MHB84DD0ZWV18 02079K305 3150 NS USD 1068952.5 2.4509910097 Long EC CORP US N 1 N N N NEXTERA ENERGY INC 254900RHL9MEUS5NKX63 65339F101 6005 NS USD 494451.7 1.1337235952 Long EC CORP US N 1 N N N WELLTOWER OP LLC T6IZ0MBEG5ACZDTR7D06 95040QAD6 350000 PA USD 347948.63 0.7978081009 Long DBT CORP US N 2 2028-04-15 Fixed 4.250000000000 N N N N N N BELLSOUTH CAPITAL FUNDING CORP N/A 079857AH1 150000 PA USD 160427.3 0.3678422287 Long DBT CORP US N 2 2030-02-15 Fixed 7.875000000000 N N N N N N COLONY LOCAL DEVELOPMENT CORP (THE) (TX) N/A 19625ABL5 50000 PA USD 49000.38 0.1123525048 Long DBT MUN US N 2 2042-10-01 Fixed 7.625000000000 N N N N N N LELAND STANFORD JUNIOR UNIVERSITY (THE) JIUV0DC2REIJXQ26CR37 854403AD4 100000 PA USD 81709.67 0.1873513244 Long DBT CORP US N 2 2042-05-01 Fixed 4.013000000000 N N N N N N UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT N/A 912810FM5 900000 PA USD 954808.59 2.1892715252 Long DBT UST US N 2 2030-05-15 Fixed 6.250000000000 N N N N N N UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 254900HROIFWPRGM1V77 912810FT0 137000 PA USD 135389.18 0.3104325618 Long DBT UST US N 2 2036-02-15 Fixed 4.500000000000 N N N N N N UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT 254900HROIFWPRGM1V77 912810RE0 155000 PA USD 126676.17 0.2904545841 Long DBT UST US N 2 2044-02-15 Fixed 3.625000000000 N N N N N N QUALCOMM INC H1J8DDZKZP6H7RWC0H53 747525AU7 220000 PA USD 218305.1 0.5005496853 Long DBT CORP US N 2 2027-05-20 Fixed 3.250000000000 N N N N N N LOWE'S COMPANIES INC WAFCR4OKGSC504WU3E95 548661DE4 250000 PA USD 196533.75 0.4506303642 Long DBT CORP US N 2 2044-09-15 Fixed 4.250000000000 N N N N N N UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT N/A 912810SE9 1150000 PA USD 861287.11 1.9748370142 Long DBT UST US N 2 2048-11-15 Fixed 3.375000000000 N N N N N N CORTEVA INC 549300WZN9I2QKLS0O94 22052L104 1200 NS USD 101556 0.2328567855 Long EC CORP US N 1 N N N AGNICO EAGLE MINES LTD YGE0EUBRF7IJOB3QRX76 008474108 1670 NS 339193.7 0.7777340053 Long EC CORP CA N 1 N N N DOMINION ENERGY INC ILUL7B6Z54MRYCF6H308 25746U109 8693 NS USD 573824.93 1.3157177186 Long EC CORP US N 1 N N N LINDE INC N/A 74005PBD5 200000 PA USD 153293.86 0.3514860321 Long DBT CORP US N 2 2042-11-07 Fixed 3.550000000000 N N N N N N PACIFICORP SGY07Y7FNYBNLM6Z1M11 695114CL0 500000 PA USD 495358.34 1.1358024215 Long DBT CORP US N 2 2039-01-15 Fixed 6.000000000000 N N N N N N NETFLIX INC N/A 64110LAN6 250000 PA USD 250055.11 0.5733489809 Long DBT CORP US N 2 2026-11-15 Fixed 4.375000000000 N N N N N N 2026-08-31 SATURNA INVESTMENT TRUST Christopher Fankhauser Christopher Fankhauser Treasurer XXXX