Impact Investors

SAN FRANCISCO, CAfiles as Impact Investors, Inc

$137m in 88 US stocks at the end of 30 June 2026. The top 10 are 55.2% of the money. It changed about 12.8% of the portfolio this quarter.

Value

$137m

Stocks

Top 10 share

55.2%

Turnover

12.8%

What changed this quarter

New

Bought for the first time this quarter.

Hanover Insurance GroupTHG
0.4% of the fund
FrontdoorFTDR
0.3% of the fund
Veeva SystemsVEEV
0.2% of the fund
First SolarFSLR
0.2% of the fund
AflacAFL
0.2% of the fund
IngredionINGR
0.2% of the fund
Verizon CommunicationsVZ
0.2% of the fund
WillScot HoldingsWSC
0.2% of the fund
GE VernovaGEV
0.2% of the fund
IntelINTC
0.2% of the fund
Credo Technology Group HoldingCRDO
0.2% of the fund
Radian GroupRDN
0.2% of the fund
3MMMM
0.2% of the fund
Lloyds Banking GroupLYG
<0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TRBGRN
7.0% of the fund
+19%
Victory Portfolios IIUBND
4.8% of the fund
+18%
J P Morgan Exchange Traded FJMUB
1.4% of the fund
+24%
MicrosoftMSFT
1.2% of the fund
+9%
Ishares TRCMF
0.9% of the fund
+10%
Goldman Sachs GroupGS
0.6% of the fund
+2%
Vital FarmsVITL
0.3% of the fund
+128%
MercadoLibreMELI
0.3% of the fund
+12%
Darling IngredientsDAR
0.3% of the fund
+30%
Trane TechnologiesTT
0.2% of the fund
+10%
IntuitINTU
0.2% of the fund
+37%

Cut

Sold some of their stake.

Spdr Series TrustSPTL
8.4% of the fund
-16%
Ishares TRESGD
8.3% of the fund
-6%
Nushares ETF TRNULG
7.9% of the fund
-7%
Ishares Gold TRIAU
6.2% of the fund
-10%
Ishares TRSUSB
3.8% of the fund
-14%
Vanguard Scottsdale FDSVGIT
3.2% of the fund
-11%
Vanguard Scottsdale FDSVGSH
3.0% of the fund
-9%
Arista NetworksANET
2.4% of the fund
-16%
Abrdn EtfsBCD
2.3% of the fund
-9%
Quanta ServicesPWR
2.2% of the fund
-15%
AppleAAPL
2.2% of the fund
-2%
NvidiaNVDA
2.1% of the fund
-11%
IsharesESGE
2.0% of the fund
-4%
Ishares TRDSI
1.9% of the fund
-34%
Taiwan Semiconductor ManufacturingTSM
1.7% of the fund
-22%
Applied MaterialsAMAT
1.1% of the fund
-24%
AlphabetGOOGL
0.9% of the fund
-16%
ASML Holding NVASML
0.9% of the fund
-13%
BroadcomAVGO
0.9% of the fund
-20%
Amazon.comAMZN
0.8% of the fund
-15%
Williams SonomaWSM
0.7% of the fund
-31%
VisaV
0.7% of the fund
-41%
ImaxIMAX
0.7% of the fund
-7%
Select Sector Spdr TRXLRE
0.6% of the fund
-14%
Invesco Exch Traded FD TR IIPWZ
0.6% of the fund
-27%

Sold out

Sold their entire stake.

Natwest GroupNWG
-100%
Bristol-Myers SquibbBMY
-100%
Vaneck ETF TrustGRNB
-100%
Acushnet HoldingsGOLF
-100%
Host Hotels & ResortsHST
-100%
LPL Financial HoldingsLPLA
-100%
First Citizens BancsharesFCNCA
-100%
Mettler Toledo InternationalMTD
-100%
Reinsurance Group of AmericaRGA
-100%
Toronto Dominion BankTD
-100%
Synchrony FinancialSYF
-100%
Sun CommunitiesSUI
-100%
HSBC HoldingsHSBC
-100%
GDS HldgsGDS
-100%
ProgressivePGR
-100%
MattelMAT
-100%
T-Mobile USTMUS
-100%
Elevance HealthELV
-100%
Cboe Global MktsCBOE
-100%
JPMorgan ChaseJPM
-100%
S&P GlobalSPGI
-100%
AegonAEG
-100%
IncyteINCY
-100%
Cigna GroupCI
-100%
NMI HoldingsNMIH
-100%

Holdings

Spdr Series TrustSPTL
Share
8.4%
Value
$11m
Shares
437,179
-16%
Ishares TRESGD
Share
8.3%
Value
$11m
Shares
110,574
-6%
Nushares ETF TRNULG
Share
7.9%
Value
$11m
Shares
92,455
-7%
Ishares TRBGRN
Share
7.0%
Value
$10m
Shares
201,844
+19%
Ishares Gold TRIAU
Share
6.2%
Value
$9m
Shares
113,149
-10%
Victory Portfolios IIUBND
Share
4.8%
Value
$7m
Shares
304,138
+18%
Ishares TRSUSB
Share
3.8%
Value
$5m
Shares
209,479
-14%
Vanguard Scottsdale FDSVGIT
Share
3.2%
Value
$4m
Shares
74,691
-11%
Vanguard Scottsdale FDSVGSH
Share
3.0%
Value
$4m
Shares
69,603
-9%
American Centy ETF TRMID
Share
2.5%
Value
$3m
Shares
48,966
Held
Arista NetworksANET
Share
2.4%
Value
$3m
Shares
19,597
-16%
Abrdn EtfsBCD
Share
2.3%
Value
$3m
Shares
93,798
-9%
Quanta ServicesPWR
Share
2.2%
Value
$3m
Shares
4,236
-15%
AppleAAPL
Share
2.2%
Value
$3m
Shares
10,391
-2%
NvidiaNVDA
Share
2.1%
Value
$3m
Shares
14,358
-11%
IsharesESGE
Share
2.0%
Value
$3m
Shares
50,744
-4%
Ishares TRDSI
Share
1.9%
Value
$3m
Shares
18,603
-34%
Taiwan Semiconductor ManufacturingTSM
Share
1.7%
Value
$2m
Shares
4,987
-22%
J P Morgan Exchange Traded FJMUB
Share
1.4%
Value
$2m
Shares
39,040
+24%
MicrosoftMSFT
Share
1.2%
Value
$2m
Shares
4,549
+9%
Applied MaterialsAMAT
Share
1.1%
Value
$1m
Shares
2,012
-24%
AlphabetGOOGL
Share
0.9%
Value
$1m
Shares
3,627
-16%
Ishares TRCMF
Share
0.9%
Value
$1m
Shares
22,060
+10%
ASML Holding NVASML
Share
0.9%
Value
$1m
Shares
624
-13%
BroadcomAVGO
Share
0.9%
Value
$1m
Shares
3,230
-20%
YUM BrandsYUM
Share
0.9%
Value
$1m
Shares
7,500
Held
Amazon.comAMZN
Share
0.8%
Value
$1m
Shares
4,850
-15%
Williams SonomaWSM
Share
0.7%
Value
$989,976
Shares
4,247
-31%
VisaV
Share
0.7%
Value
$940,444
Shares
2,741
-41%
ImaxIMAX
Share
0.7%
Value
$913,990
Shares
22,930
-7%
Select Sector Spdr TRXLRE
Share
0.6%
Value
$875,825
Shares
19,892
-14%
Invesco Exch Traded FD TR IIPWZ
Share
0.6%
Value
$816,011
Shares
33,293
-27%
Advanced Micro DevicesAMD
Share
0.6%
Value
$807,158
Shares
1,389
-17%
Amplify ETF TRETHO
Share
0.6%
Value
$805,858
Shares
9,997
-4%
Goldman Sachs GroupGS
Share
0.6%
Value
$801,005
Shares
792
+2%
Ishares TRHYXF
Share
0.6%
Value
$800,005
Shares
17,125
-69%
KLAKLAC
Share
0.6%
Value
$787,463
Shares
2,610
-21%
MastercardMA
Share
0.5%
Value
$696,566
Shares
1,356
-39%
AlphabetGOOG
Share
0.4%
Value
$591,797
Shares
1,675
Held
Hims & Hers HealthHIMS
Share
0.4%
Value
$557,286
Shares
16,074
-56%
Ishares TRAGZ
Share
0.4%
Value
$551,846
Shares
5,050
-39%
Electronic ArtsEA
Share
0.4%
Value
$551,148
Shares
2,688
Held
Hanover Insurance GroupTHG
Share
0.4%
Value
$548,427
Shares
2,561
New
Ishares TRMUB
Share
0.4%
Value
$534,333
Shares
4,965
Held
Darden RestaurantsDRI
Share
0.3%
Value
$447,042
Shares
2,170
Held
Waste ManagementWM
Share
0.3%
Value
$440,034
Shares
1,974
-42%
US BancorpUSB
Share
0.3%
Value
$432,059
Shares
7,153
Held
Select Sector Spdr TRXLK
Share
0.3%
Value
$427,908
Shares
2,246
Held
IES HoldingsIESC
Share
0.3%
Value
$420,960
Shares
573
Held
AutozoneAZO
Share
0.3%
Value
$415,472
Shares
130
-19%
FrontdoorFTDR
Share
0.3%
Value
$407,580
Shares
5,253
New
SamsaraIOT
Share
0.3%
Value
$383,841
Shares
11,836
-13%
Vital FarmsVITL
Share
0.3%
Value
$360,739
Shares
31,018
+128%
MercadoLibreMELI
Share
0.3%
Value
$359,912
Shares
212
+12%
Darling IngredientsDAR
Share
0.3%
Value
$347,766
Shares
6,367
+30%
TeradyneTER
Share
0.2%
Value
$340,623
Shares
704
-13%
CareTrust REITCTRE
Share
0.2%
Value
$339,787
Shares
8,421
-6%
PentairPNR
Share
0.2%
Value
$339,220
Shares
4,425
-31%
DBX ETF TRDBEF
Share
0.2%
Value
$334,226
Shares
6,118
Held
Veeva SystemsVEEV
Share
0.2%
Value
$330,094
Shares
1,860
New
Cisco SystemsCSCO
Share
0.2%
Value
$325,129
Shares
2,768
-24%
ServiceNowNOW
Share
0.2%
Value
$324,997
Shares
3,274
-25%
First SolarFSLR
Share
0.2%
Value
$317,193
Shares
1,344
New
Ishares TRXJH
Share
0.2%
Value
$309,197
Shares
5,929
-14%
Intuitive SurgicalISRG
Share
0.2%
Value
$305,021
Shares
767
-23%
Trane TechnologiesTT
Share
0.2%
Value
$305,010
Shares
621
+10%
IntuitINTU
Share
0.2%
Value
$299,889
Shares
1,149
+37%
AflacAFL
Share
0.2%
Value
$290,258
Shares
2,476
New
IngredionINGR
Share
0.2%
Value
$281,383
Shares
2,971
New
Ameriprise FinancialAMP
Share
0.2%
Value
$263,328
Shares
574
-43%
Verizon CommunicationsVZ
Share
0.2%
Value
$261,238
Shares
6,170
New
WillScot HoldingsWSC
Share
0.2%
Value
$259,625
Shares
8,996
New
Spdr Gold TRGLD
Share
0.2%
Value
$256,024
Shares
695
Held
GE VernovaGEV
Share
0.2%
Value
$251,420
Shares
214
New
EquinixEQIX
Share
0.2%
Value
$239,993
Shares
230
-22%
IntelINTC
Share
0.2%
Value
$231,224
Shares
1,656
New
NetflixNFLX
Share
0.2%
Value
$225,702
Shares
3,161
Held
ChubbCB
Share
0.2%
Value
$224,888
Shares
660
-36%
Credo Technology Group HoldingCRDO
Share
0.2%
Value
$220,280
Shares
810
New
Church & DwightCHD
Share
0.2%
Value
$218,949
Shares
2,260
-21%
Radian GroupRDN
Share
0.2%
Value
$216,075
Shares
5,736
New
Janus Henderson Group
Share
0.2%
Value
$213,722
Shares
4,114
Held
InterDigitalIDCC
Share
0.2%
Value
$210,932
Shares
745
Held
3MMMM
Share
0.2%
Value
$210,159
Shares
1,298
New
MsciMSCI
Share
0.2%
Value
$210,015
Shares
375
Held
Ishares TRESML
Share
0.2%
Value
$205,431
Shares
3,673
-14%
Banco Bradesco S ABBD
Share
<0.1%
Value
$81,011
Shares
23,346
-18%
Lloyds Banking GroupLYG
Share
<0.1%
Value
$80,279
Shares
13,770
New

Company	Share of fund	Value	Shares	Change
Spdr Series TrustSPTL	8.4%	$11m	437,179	-16%
Ishares TRESGD	8.3%	$11m	110,574	-6%
Nushares ETF TRNULG	7.9%	$11m	92,455	-7%
Ishares TRBGRN	7.0%	$10m	201,844	+19%
Ishares Gold TRIAU	6.2%	$9m	113,149	-10%
Victory Portfolios IIUBND	4.8%	$7m	304,138	+18%
Ishares TRSUSB	3.8%	$5m	209,479	-14%
Vanguard Scottsdale FDSVGIT	3.2%	$4m	74,691	-11%
Vanguard Scottsdale FDSVGSH	3.0%	$4m	69,603	-9%
American Centy ETF TRMID	2.5%	$3m	48,966	Held
Arista NetworksANET	2.4%	$3m	19,597	-16%
Abrdn EtfsBCD	2.3%	$3m	93,798	-9%
Quanta ServicesPWR	2.2%	$3m	4,236	-15%
AppleAAPL	2.2%	$3m	10,391	-2%
NvidiaNVDA	2.1%	$3m	14,358	-11%
IsharesESGE	2.0%	$3m	50,744	-4%
Ishares TRDSI	1.9%	$3m	18,603	-34%
Taiwan Semiconductor ManufacturingTSM	1.7%	$2m	4,987	-22%
J P Morgan Exchange Traded FJMUB	1.4%	$2m	39,040	+24%
MicrosoftMSFT	1.2%	$2m	4,549	+9%
Applied MaterialsAMAT	1.1%	$1m	2,012	-24%
AlphabetGOOGL	0.9%	$1m	3,627	-16%
Ishares TRCMF	0.9%	$1m	22,060	+10%
ASML Holding NVASML	0.9%	$1m	624	-13%
BroadcomAVGO	0.9%	$1m	3,230	-20%
YUM BrandsYUM	0.9%	$1m	7,500	Held
Amazon.comAMZN	0.8%	$1m	4,850	-15%
Williams SonomaWSM	0.7%	$989,976	4,247	-31%
VisaV	0.7%	$940,444	2,741	-41%
ImaxIMAX	0.7%	$913,990	22,930	-7%
Select Sector Spdr TRXLRE	0.6%	$875,825	19,892	-14%
Invesco Exch Traded FD TR IIPWZ	0.6%	$816,011	33,293	-27%
Advanced Micro DevicesAMD	0.6%	$807,158	1,389	-17%
Amplify ETF TRETHO	0.6%	$805,858	9,997	-4%
Goldman Sachs GroupGS	0.6%	$801,005	792	+2%
Ishares TRHYXF	0.6%	$800,005	17,125	-69%
KLAKLAC	0.6%	$787,463	2,610	-21%
MastercardMA	0.5%	$696,566	1,356	-39%
AlphabetGOOG	0.4%	$591,797	1,675	Held
Hims & Hers HealthHIMS	0.4%	$557,286	16,074	-56%
Ishares TRAGZ	0.4%	$551,846	5,050	-39%
Electronic ArtsEA	0.4%	$551,148	2,688	Held
Hanover Insurance GroupTHG	0.4%	$548,427	2,561	New
Ishares TRMUB	0.4%	$534,333	4,965	Held
Darden RestaurantsDRI	0.3%	$447,042	2,170	Held
Waste ManagementWM	0.3%	$440,034	1,974	-42%
US BancorpUSB	0.3%	$432,059	7,153	Held
Select Sector Spdr TRXLK	0.3%	$427,908	2,246	Held
IES HoldingsIESC	0.3%	$420,960	573	Held
AutozoneAZO	0.3%	$415,472	130	-19%
FrontdoorFTDR	0.3%	$407,580	5,253	New
SamsaraIOT	0.3%	$383,841	11,836	-13%
Vital FarmsVITL	0.3%	$360,739	31,018	+128%
MercadoLibreMELI	0.3%	$359,912	212	+12%
Darling IngredientsDAR	0.3%	$347,766	6,367	+30%
TeradyneTER	0.2%	$340,623	704	-13%
CareTrust REITCTRE	0.2%	$339,787	8,421	-6%
PentairPNR	0.2%	$339,220	4,425	-31%
DBX ETF TRDBEF	0.2%	$334,226	6,118	Held
Veeva SystemsVEEV	0.2%	$330,094	1,860	New
Cisco SystemsCSCO	0.2%	$325,129	2,768	-24%
ServiceNowNOW	0.2%	$324,997	3,274	-25%
First SolarFSLR	0.2%	$317,193	1,344	New
Ishares TRXJH	0.2%	$309,197	5,929	-14%
Intuitive SurgicalISRG	0.2%	$305,021	767	-23%
Trane TechnologiesTT	0.2%	$305,010	621	+10%
IntuitINTU	0.2%	$299,889	1,149	+37%
AflacAFL	0.2%	$290,258	2,476	New
IngredionINGR	0.2%	$281,383	2,971	New
Ameriprise FinancialAMP	0.2%	$263,328	574	-43%
Verizon CommunicationsVZ	0.2%	$261,238	6,170	New
WillScot HoldingsWSC	0.2%	$259,625	8,996	New
Spdr Gold TRGLD	0.2%	$256,024	695	Held
GE VernovaGEV	0.2%	$251,420	214	New
EquinixEQIX	0.2%	$239,993	230	-22%
IntelINTC	0.2%	$231,224	1,656	New
NetflixNFLX	0.2%	$225,702	3,161	Held
ChubbCB	0.2%	$224,888	660	-36%
Credo Technology Group HoldingCRDO	0.2%	$220,280	810	New
Church & DwightCHD	0.2%	$218,949	2,260	-21%
Radian GroupRDN	0.2%	$216,075	5,736	New
Janus Henderson Group	0.2%	$213,722	4,114	Held
InterDigitalIDCC	0.2%	$210,932	745	Held
3MMMM	0.2%	$210,159	1,298	New
MsciMSCI	0.2%	$210,015	375	Held
Ishares TRESML	0.2%	$205,431	3,673	-14%
Banco Bradesco S ABBD	<0.1%	$81,011	23,346	-18%
Lloyds Banking GroupLYG	<0.1%	$80,279	13,770	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is down 3.4% since 30 June 2025.

Where the money is

Technology15.9%

Industrials5.2%

Financial services3.4%

Retail & consumer3.1%

Media & telecom1.7%

Everyday goods0.9%

Health care0.9%

Real estate0.4%

Other68.5%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.