TRILLIUM ASSET MANAGEMENT, LLC — 13F Holdings & Portfolio
CIK 884541 · latest 13F-HR filed 2026-08-11
TRILLIUM ASSET MANAGEMENT, LLC manages $3.25B in 13F-reported U.S. long-equity assets across 230 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are NVDA (7.34%), GOOGL (6.21%), AAPL (4.65%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 8 new positions and exited 8; 116 existing positions rose in reported value and 61 fell.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
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AUM
$3.25B
Long-equity book
Holdings
230
Distinct positions
Period
2026-06-30
Filed 2026-08-11
Q/Q Activity
+8 / −8 / ↑116 / ↓61
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26NVDA7.3% · -18%GOOGL6.2% · -26%AAPL4.6% · -26%MSFT4.6% · -31%PANW3.0% · -19%TSM2.2% · -24%ASML2.1% · -63%MA1.8% · -38%TJX1.8% · -16%AVGO1.5% · -18%PNC1.5% · -17%BAC1.4% · -1%TT1.4% · -35%AMAT1.4% · -47%ECL1.3% · -21%COST1.3% · -68%ETN1.2% · -37%AZN1.2% · -21%LIN1.2% · -42%WAB1.1% · -4%UNP1.1% · -21%CDNS1.0% · -24%FSLR1.0% · -4%TRV1.0% · -7%NXPI1.0% · -21%EHC0.9% · +24%NOW0.9% · -11%VRTX0.9% · -40%PLD0.9% · -9%JBHT0.9% · -14%AWK0.9% · -10%VMI0.9% · +13%V0.9% · -34%NFLX0.8% · -6%JLL0.8% · -19%HD0.8% · -28%UL0.8% · -4%FERG0.8% · -23%ICE0.8% · -16%XYL0.7% · -11%MELI0.7% · -50%ROK0.7% · +235%SYK0.7% · -32%FITB0.7% · +5%PWR0.7% · -57%URI0.7% · -67%NVT0.7% · -11%BKNG0.7% · +343%CMG0.6% · +4%MYRG0.6% · -15%LPLA0.6% · -1%ARES0.6% · +0%AZO0.6% · -85%SHOP0.6% · +29%EWBC0.6% · +3%EQIX0.6% · -71%TTEK0.6% · +8%SPOT0.6% · -38%VRSK0.5% · +7%MAR0.5% · -40%
Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.
Sector mix
% of 13F valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.
13F assets and positions
4 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 35.2%Cumulative share of the portfolio held in the largest N positions.
Firm Profile & Key People
As of the firm’s regulatory filing dated Sep 3, 2026.
Assets Under Management
$4.31B
Discretionary
$4.31B
Employees
53
Accounts
2,043
Address
ONE CONGRESS STREET
SUITE 3101
BOSTON, MA 02114
SUITE 3101
BOSTON, MA 02114
Phone
(617) 423-6655
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| GEUSS, SADA, MARIE Control | MANAGING DIRECTOR - PRIVATE CLIENT since Jul 2026 | Less than 5% | Individual |
| JOVANOVIC, ALEXANDER Control | CEO since Jul 2026 | Less than 5% | Individual |
| KARALNIK, YANA Control | CHIEF COMPLIANCE OFFICER since May 2025 | Less than 5% | Individual |
| LO PROTO, ALLAN, JAY Control | DIRECTOR since Nov 2023 | Less than 5% | Individual |
| PATSKY, MATTHEW, WILLIAM Control | DIRECTOR since Jul 2026 | Less than 5% | Individual |
| PERPETUAL US HOLDING COMPANY INC Control | OWNER since Jun 2020 | 75% or more | Foreign Entity |
| SMITH, CHERYL, IRENE Control | DIRECTOR since Nov 2023 | Less than 5% | Individual |
| ZELEE, WHITNEY, ALEXIS Control | CHIEF OPERATIONS OFFICER since Dec 2023 | Less than 5% | Individual |
| PERPETUAL ACQUISITION COMPANY LIMITED Control Indirect owner via PERPETUAL US HOLDING COMPANY INC | OWNER since Jun 2020 | 75% or more | Foreign Entity |
| PERPETUAL LIMITED Control Indirect owner via PERPETUAL ACQUISITION COMPANY LIMITED | OWNER since Jun 2020 | 75% or more | Foreign Entity |
Ownership & leadership changes · 13 filings with changes since Mar 23, 2012
From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.
Jul 24, 2026 filing
- AddedGEUSS, SADA, MARIE · MANAGING DIRECTOR - PRIVATE CLIENT · Less than 5% · control person
- ChangedJOVANOVIC, ALEXANDER · title MANAGING DIRECTOR - PRIVATE CLIENT → CEO
- ChangedPATSKY, MATTHEW, WILLIAM · title CEO → DIRECTOR
- ChangedZELEE, WHITNEY, ALEXIS · title CHIEF OPERATING OFFICER → CHIEF OPERATIONS OFFICER
May 12, 2025 filing
- No longer listedGOLDEN, CHRISTOPHER, MARK · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Feb 2025
- AddedKARALNIK, YANA · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
Mar 28, 2025 filing
- ChangedJOVANOVIC, ALEXANDER · title HEAD OF PRIVATE CLIENT → MANAGING DIRECTOR - PRIVATE CLIENT
Mar 7, 2025 filing
- No longer listedDENNEY, NANCY, INTER · CHIEF COMPLIANCE OFFICER · Less than 5% · control person · listed since Oct 2014
- AddedGOLDEN, CHRISTOPHER, MARK · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ChangedZELEE, WHITNEY, ALEXIS · title CHIEF ADMINISTRATIVE OFFICER → CHIEF OPERATING OFFICER
Jan 23, 2025 filing
- No longer listedMosse, Simone, Alison · DIRECTOR · Less than 5% · control person · listed since Jun 2020
- No longer listedQUEALY, JOHN, SALVATORE · CHIEF INVESTMENT OFFICER · Less than 5% · control person · listed since Feb 2018
- No longer listedWILEY, RAYMOND · CONTROLLER · Less than 5% · control person · listed since Dec 2023
Dec 11, 2023 filing
- No longer listedMCDONOUGH, MICHELLE · CHIEF OPERATING OFFICER · Less than 5% · control person · listed since Jun 2020
- AddedJOVANOVIC, ALEXANDER · HEAD OF PRIVATE CLIENT · Less than 5% · control person
- AddedWILEY, RAYMOND · CONTROLLER · Less than 5% · control person
- AddedZELEE, WHITNEY, ALEXIS · CHIEF ADMINISTRATIVE OFFICER · Less than 5% · control person
Nov 14, 2023 filing
- AddedLO PROTO, ALLAN, JAY · DIRECTOR · Less than 5% · control person
- Listed againSMITH, CHERYL, IRENE · DIRECTOR · Less than 5% · control person
- ChangedMosse, Simone, Alison · now a control person
Mar 30, 2023 filing
- No longer listedApted, Amanda, Jane · DIRECTOR · Less than 5% · listed since Jun 2020
- No longer listedTHOMPSON, CHARLES, SPURGEON · DIRECTOR · Less than 5% · listed since Jun 2020
Aug 6, 2020 filing
- AddedPERPETUAL ACQUISITION COMPANY LIMITED · OWNER · 75% or more · indirect via PERPETUAL US HOLDING COMPANY INC · control person
- AddedPERPETUAL LIMITED · OWNER · 75% or more · indirect via PERPETUAL ACQUISITION COMPANY LIMITED · control person
Jul 29, 2020 filing
- No longer listedSMITH, CHERYL, IRENE · MANAGING PARTNER · 5–10% · control person · listed since Jul 2011
- AddedApted, Amanda, Jane · DIRECTOR · Less than 5%
- AddedMosse, Simone, Alison · DIRECTOR · Less than 5%
- AddedPERPETUAL US HOLDING COMPANY INC · OWNER · 75% or more · control person
- AddedTHOMPSON, CHARLES, SPURGEON · DIRECTOR · Less than 5%
- ChangedMCDONOUGH, MICHELLE · title MANAGING PARTNER → CHIEF OPERATING OFFICER; ownership 5–10% → Less than 5%
- ChangedPATSKY, MATTHEW, WILLIAM · title MANAGING PARTNER, CEO → CEO; ownership 25–50% → Less than 5%
Older changes (4 more filings)
Mar 26, 2018 filing
- AddedQUEALY, JOHN, SALVATORE · CHIEF INVESTMENT OFFICER · Less than 5% · control person
Oct 14, 2014 filing
- AddedDENNEY, NANCY, INTER · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
- ChangedSMITH, CHERYL, IRENE · title MANAGING PARTNER, CHIEF COMPLIANCE OFFICER → MANAGING PARTNER
Mar 24, 2014 filing
- No longer listedLANA, WILLIAM, J · SENIOR VICE PRESIDENT, INVESTMENT MANAGER · 5–10% · listed since Dec 2011
- No longer listedLEIGHTON, STEPHANIE, ROYCE · SENIOR VICE PRESIDENT, PORTFOLIO MANAGER · 5–10% · listed since Dec 2011
- No longer listedMILLS, KEITH, ANDREW · SENIOR VICE PRESIDENT, RESEARCH ANALYST · 5–10% · listed since Dec 2011
- ChangedMCDONOUGH, MICHELLE · ownership 10–25% → 5–10%
- ChangedSMITH, CHERYL, IRENE · ownership 10–25% → 5–10%
Mar 23, 2012 filing (earliest on record)
- ListedLANA, WILLIAM, J · SENIOR VICE PRESIDENT, INVESTMENT MANAGER · 5–10%
- ListedLEIGHTON, STEPHANIE, ROYCE · SENIOR VICE PRESIDENT, PORTFOLIO MANAGER · 5–10%
- ListedMCDONOUGH, MICHELLE · MANAGING PARTNER · 10–25% · control person
- ListedMILLS, KEITH, ANDREW · SENIOR VICE PRESIDENT, RESEARCH ANALYST · 5–10%
- ListedPATSKY, MATTHEW, WILLIAM · MANAGING PARTNER, CEO · 25–50% · control person
- ListedSMITH, CHERYL, IRENE · MANAGING PARTNER, CHIEF COMPLIANCE OFFICER · 10–25% · control person
Quarter-over-quarter changes
Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.
Top Adds (vs prior quarter)
- PALO ALTO NETWORKS INC$45.1M +85.2%
- ALPHABET INC$31.6M +18.6%
- APPLIED MATLS INC$19.7M +80.6%
- ASML HLDG NV$18.5M +38.5%
- ROCKWELL AUTOMATION INC$18.0M +368.8%
Top Trims
- NEXTERA ENERGY INC-$13.1M -93.7%
- NETFLIX INC.-$11.2M -28.8%
- MCCORMICK & CO INC-$10.9M -68.9%
- INTUIT-$9.9M -42.2%
- BRIGHT HORIZONS FAM SOL IN D-$9.6M -71.3%
New Positions
- OKTA INC$6.3M
- SPX TECHNOLOGIES INC$5.4M
- MKS INC.$5.0M
- ENTEGRIS INC$4.7M
- VALLEY NATL BANCORP$4.3M
Exited Positions
- PAYLOCITY HLDG CORP$9.9M
- LAMB WESTON HLDGS INC$3.2M
- MIDDLEBY CORP$2.8M
- LOWES COS INC$261.0K
- AMGEN INC$256.0K
TRILLIUM ASSET MANAGEMENT, LLC Holdings (2026-06-30)
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 67066G104 | $238.6M | 7.34% | 1,192,453 | SH |
| 2 | ALPHABET INC | GOOGL | 02079K305 | $201.8M | 6.21% | 564,783 | SH |
| 3 | APPLE INC | AAPL | 037833100 | $151.0M | 4.65% | 521,841 | SH |
| 4 | MICROSOFT CORP | MSFT | 594918104 | $149.2M | 4.59% | 399,983 | SH |
| 5 | PALO ALTO NETWORKS INC | PANW | 697435105 | $98.0M | 3.02% | 287,388 | SH |
| 6 | TAIWAN SEMICONDUCTOR MANUFAC | TSM | 874039100 | $72.8M | 2.24% | 152,499 | SH |
| 7 | ASML HLDG NV | ASML | N07059210 | $66.7M | 2.05% | 33,501 | SH |
| 8 | MASTERCARD INCORPORATED | MA | 57636Q104 | $58.9M | 1.81% | 114,606 | SH |
| 9 | TJX COS INC NEW | TJX | 872540109 | $58.9M | 1.81% | 388,513 | SH |
| 10 | BROADCOM INC | AVGO | 11135F101 | $48.2M | 1.48% | 127,701 | SH |
| 11 | PNC FINL SVCS GROUP INC | PNC | 693475105 | $47.9M | 1.47% | 194,700 | SH |
| 12 | BANK OF AMER CORP | BAC | 060505104 | $45.1M | 1.39% | 791,839 | SH |
| 13 | TRANE TECHNOLOGIES PLC | TT | G8994E103 | $44.3M | 1.36% | 90,197 | SH |
| 14 | APPLIED MATLS INC | AMAT | 038222105 | $44.3M | 1.36% | 61,218 | SH |
| 15 | ECOLAB INC | ECL | 278865100 | $43.7M | 1.34% | 156,801 | SH |
| 16 | COSTCO WHOLESALE CORPORATION | COST | 22160K105 | $43.5M | 1.34% | 46,491 | SH |
| 17 | EATON CORP PLC | ETN | G29183103 | $40.1M | 1.23% | 94,059 | SH |
| 18 | ASTRAZENECA PLC | AZN | G0593M107 | $39.6M | 1.22% | 208,971 | SH |
| 19 | LINDE PLC | LIN | G54950103 | $38.4M | 1.18% | 73,973 | SH |
| 20 | WABTEC | WAB | 929740108 | $34.6M | 1.06% | 128,251 | SH |
| 21 | UNION PAC CORP | UNP | 907818108 | $34.3M | 1.06% | 126,236 | SH |
| 22 | CADENCE DESIGN SYSTEM INC | CDNS | 127387108 | $33.3M | 1.02% | 88,620 | SH |
| 23 | FIRST SOLAR INC | FSLR | 336433107 | $32.4M | 1.00% | 137,423 | SH |
| 24 | TRAVELERS COMPANIES INC | TRV | 89417E109 | $31.4M | 0.96% | 94,972 | SH |
| 25 | NXP SEMICONDUCTORS N V | NXPI | N6596X109 | $31.3M | 0.96% | 111,448 | SH |
| 26 | ENCOMPASS HEALTH CORP | EHC | 29261A100 | $30.6M | 0.94% | 302,395 | SH |
| 27 | SERVICENOW INC | NOW | 81762P102 | $30.4M | 0.94% | 306,168 | SH |
| 28 | VERTEX PHARMACEUTICALS INC | VRTX | 92532F100 | $29.9M | 0.92% | 60,105 | SH |
| 29 | PROLOGIS INC. | PLD | 74340W103 | $29.2M | 0.90% | 215,681 | SH |
| 30 | HUNT J B TRANS SVCS INC | JBHT | 445658107 | $28.7M | 0.88% | 99,058 | SH |
| 31 | AMERICAN WTR WKS CO INC NEW | AWK | 030420103 | $28.2M | 0.87% | 214,327 | SH |
| 32 | VALMONT INDS INC | VMI | 920253101 | $28.0M | 0.86% | 48,505 | SH |
| 33 | VISA INC | V | 92826C839 | $28.0M | 0.86% | 81,502 | SH |
| 34 | NETFLIX INC. | NFLX | 64110L106 | $27.5M | 0.85% | 385,626 | SH |
| 35 | JONES LANG LASALLE INC | JLL | 48020Q107 | $27.5M | 0.84% | 88,575 | SH |
| 36 | HOME DEPOT INC | HD | 437076102 | $27.4M | 0.84% | 77,614 | SH |
| 37 | UNILEVER PLC | UL | 904767803 | $26.9M | 0.83% | 447,107 | SH |
| 38 | FERGUSON ENTERPRISES INC | FERG | 31488V107 | $26.7M | 0.82% | 112,368 | SH |
| 39 | INTERCONTINENTAL EXCHANGE IN | ICE | 45866F104 | $24.7M | 0.76% | 200,498 | SH |
| 40 | XYLEM INC | XYL | 98419M100 | $24.0M | 0.74% | 203,219 | SH |
| 41 | MERCADOLIBRE INC | MELI | 58733R102 | $24.0M | 0.74% | 14,139 | SH |
| 42 | ROCKWELL AUTOMATION INC | ROK | 773903109 | $22.8M | 0.70% | 46,147 | SH |
| 43 | STRYKER CORPORATION | SYK | 863667101 | $22.7M | 0.70% | 71,991 | SH |
| 44 | FIFTH THIRD BANCORP | FITB | 316773100 | $22.0M | 0.68% | 390,873 | SH |
| 45 | QUANTA SVCS INC | PWR | 74762E102 | $21.9M | 0.67% | 30,443 | SH |
| 46 | UNITED RENTALS INC | URI | 911363109 | $21.7M | 0.67% | 19,155 | SH |
| 47 | NVENT ELEC PLC | NVT | G6700G107 | $21.4M | 0.66% | 126,329 | SH |
| 48 | BOOKING HOLDINGS INC | BKNG | 09857L108 | $21.2M | 0.65% | 119,196 | SH |
| 49 | CHIPOTLE MEXICAN GRILL INC | CMG | 169656105 | $21.1M | 0.65% | 619,316 | SH |
| 50 | MYR GROUP INC | MYRG | 55405W104 | $21.0M | 0.64% | 41,875 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-11 | $3.25B | 230 | 0000884541-26-000004 |
| 2026-03-31 | 2026-05-11 | $3.01B | 230 | 0000884541-26-000003 |
| 2025-12-31 | 2026-02-13 | $3.27B | 232 | 0000884541-26-000002 |
| 2025-09-30 | 2025-11-14 | $3.79B | 233 | 0000884541-25-000003 |
Filer Information
Address
1 CONGRESS STREET, SUITE 3101BOSTON, MA 02114
Phone
(617) 423-6655
Filing Manager
TRILLIUM ASSET MANAGEMENT, LLC
BOSTON, MA
Signatory
Yana Karalnik
Chief Compliance Officer