The Reynders, McVeigh Core Equity Fund

Fund Details (as of 09/30/25)

Fund Facts & Characteristics

Management Team

• Chat Reynders

  Reynders, McVeigh Capital Management

  Chat brings more than 25 years of experience in investment management and social venture investing to his work as chairman and CEO of Reynders, McVeigh Capital Management, LLC., which he helped found in 2005. His passion for forward-thinking investment strategy rooted in fundamentals has provided a guidepost for his success to date. Chat has been featured in numerous publications, including the Wall Street Journal, Business Week, Barron’s, and Forbes.

  In addition to his leadership in the traditional investment management world, Chat has structured and funded public/private partnerships that have brought more than $150 million in revenue to leading cultural institutions around the world—projects that have won numerous awards. In this vein, he has for decades produced socially oriented IMAX films, including Dolphins, which was produced in conjunction with the National Wildlife Federation and garnered an Academy Award nomination in 2000, and Coral Reef Adventure, which received the largest grant in the history of the Informal Science Division of the National Science Foundation.

  Chat’s focus on climate change also led him to his current role as a director on the board of the MacGillivray Freeman Educational Foundation (MFEF), an organization committed to increasing awareness of the delicate state of our oceans and environment. Using the power of film, television, new media, and grassroots education, The MFEF strives to change the way people see and value the natural world—and to motivate action to restore it. Chat previously served as Executive Director of The Whale Conservation Institute, the nation’s leading independent cetacean research center, which was founded under a grant from the MacArthur Foundation. He also serves as the president of the Board of Governors for the Westminster Kennel Club and is on the County Leadership Council for the Essex County Community Foundation.

  Chat graduated from Princeton University with a degree in history.

• Patrick McVeigh

  Reynders, McVeigh Capital Management

  Patrick is widely recognized and respected as a pioneer in bringing together traditional investment management with socially responsible investing. He has more than 40 years of experience in the industry, including helping to found Reynders, McVeigh Capital Management, LLC. in 2005.

  Patrick was one of the three original employees at Trillium Asset Management, one of the first investment management firms dedicated solely to ethical investing. In addition to leading that firm’s research efforts and serving as editor of Investing for a Better World, Patrick wrote a series of groundbreaking studies conducted by the Social Investment Forum that tracked the growth of socially responsible investing and its implications in the investment markets. He served as a founding board member of SEED, a community loan fund that worked with cooperatives in Haiti.

  Prior to entering the investment field, Patrick worked in community economic development. He began his efforts as a VISTA volunteer and helped create the San Jose Food Co-op and the first recycling center in that city. He also managed the Youth Opportunity Program at Stanford University, which created jobs and educational opportunities for low-income teenagers and adults on the campus. Patrick is currently on the board of the Waltham YMCA and has previously been on the board of the Waltham Fields Community Farm. He received his BA from Santa Clara University and was named the Scholar-Athlete of the Year of the West Coast Athletic Conference in 1978, partly in recognition of his efforts to start the cross-country team there. He continues to enjoy running (you can follow him on the social media app Strava and on the B.A.A. and Boston Marathon app) and triathlons. He has four children and lives in the oldest house (built in 1716) in Waltham, Massachusetts.

• Eric Shrayer, MBA, CFA, CFP®

  Reynders, McVeigh Capital Management

  Eric serves as research director at Reynders, McVeigh Capital Management, LLC. In this role, he is responsible for conducting fundamental analysis of equities. His methods for analysis are comprehensive and extensive, and may include analyzing SEC filings, reviewing company earnings calls, and speaking directly with company management.

  Before joining Reynders, McVeigh in 2006, Eric spent nine years as a branch manager with Park Avenue Securities, a division of Guardian Life Insurance. Eric earned a BS from Tufts University with a major in biology, and his MBA, magna cum laude, from the Olin School of Business at Babson College. Eric is a CFA® charterholder and is a CERTIFIED FINANCIAL PLANNER™ professional.

• NVIDIA Corp. (5.27%)

  Nvidia’s GPU chips accelerate computing power, thereby helping the adoption of artificial intelligence (AI). While AI may cause disruption, the adoption of new technology has led to improved living standards throughout history.
  
  Harvard Medical School (HMS) explains some of the benefits of AI. HMS writes, “AI can automate tasks to free up a clinician’s time to focus more on their patients… [AI] can automatically capture visit notes and store them in a patient’s medical record, even flagging key details and insights.” HMS also notes, “AI can help clinicians better interpret imaging results.” HMS further adds, “AI can also support clinical decision-making. When clinicians are looking at similar cases to predict who will best respond to certain treatment options, AI can help them better personalize their treatment regimens.”
  
  The International Energy Administration (IEA) also explains some potential benefits and writes, “AI and energy are the new power couple.” The IEA adds, “One of the most common uses for AI by the energy sector has been to improve predictions of supply and demand. Developing a greater understanding of both when renewable power is available and when it’s needed is crucial for next-generation power systems.”
• UL Solutions Inc. Class A (4.03%)

  UL Solutions, with its iconic UL logo, traces its history back to the 1893 World’s Fair in Chicago when its eventual founder was assigned by his employer to assess fire risks associated with electricity. Since that time, UL Solutions has continued to verify the functionality and safety of numerous products used by industries and consumers. UL Solutions simply states it has been “working for a safer world since 1894.”
• Microsoft Corp. (3.96%)

  Microsoft has ambitious environmental goals, stating it wants to be “carbon negative, water positive, and [generate] zero waste” by 2030. The company aims to be carbon negative by using fossil-free sources of energy (renewables, nuclear), while also embracing programs that remove carbon from the atmosphere (regenerating areas of the Brazilian rainforest, pulling carbon dioxide directly out of the air). Microsoft’s water initiatives include restoring wetlands and providing clean water for people living in developing regions. Microsoft continues to focus on mitigating waste; the company already reuses or recycles more than 90% of its servers and components. Microsoft also requires certain levels of recycled steel and plastic in its hardware.
• Rockwell Automation Inc. (3.12%)

  Rockwell Automation states it is “the world’s largest company dedicated to industrial automation.” Automation refers to using machines for the production of goods. A Wall Street Journal article titled, “The High Cost of Impeding Automation” wrote, “history tells us that policies aimed at restricting or slowing automation come with a steep price tag. It is important to remember that the acceleration in economic growth that followed the Industrial Revolution… was caused by the steady adoption of automation technologies that allowed us to produce more with fewer people. Before 1750, per capita income in the world doubled every 6,000 years. Thereafter, it has doubled every 50 years.”
• Alphabet Inc. – Class A (3.11%)

  Our firm believes Alphabet/Google made a socially conscious decision when it withdrew from China in 2010 for several reasons, including disputes with the Chinese government over censorship of its search results. Google has also outlined principles that guide its development of artificial intelligence (AI) applications, such as developing applications that adhere to certain safety standards. Google’s principles can be found at ai.google/responsibility/principles.
• Apple Inc. (2.96%)

  Apple achieved “carbon neutrality” for its offices, retail centers, and data centers in 2018. Apple now aims to have its entire supply chain achieve carbon neutrality by 2030. Carbon neutrality is achieved through renewable energy and projects that remove carbon from the atmosphere, such as planting forests.
  
  Apple is regarded as a leader in protecting user privacy. The company’s Safari browser “hides your IP address from trackers so what you look at on the web remains your business — not an advertiser’s.” Apple also adds, “Your iMessage and FaceTime conversations are encrypted end-to-end, so they can’t be read while they’re sent between devices.”
• Schneider Electric SE (2.85%)

  Schneider Electric, headquartered in France, is one of the world’s largest manufacturers of electrical equipment. Products include circuit breakers, transformers, and wiring. Schneider’s electrical offerings will be needed as the world transitions away from fossil fuel-based energy and toward electrical energy that is hopefully powered by renewables. Examples of electricity displacing fossil fuels include electric vehicles, heat pumps, and furnaces used in industrial processes (steel production, glass manufacturing). Schneider Electric states that electricity accounts for roughly 20% of global energy consumption and projects this figure will increase to 50% by 2050.
• Broadcom Inc. (2.74%)

  One concern with artificial intelligence is the vast amount of energy used in the data centers that house computing equipment. Broadcom partners with cloud providers and others that have vast computing needs to develop customized chips, called ASICs, to accelerate computing power. ASICs can be 100 times more energy efficient than the GPU chips typically used to accelerate computing power.
• Int’l Business Machines Corp. (2.71%)

  IBM’s consulting segment helps organizations implement artificial intelligence (AI) solutions, while its Watsonx platform helps organizations “unlock AI insights faster and improve the relevance and precision of… AI applications.” IBM gives examples of how its AI offerings have improved weather forecasting and drug discovery at: ibm.com/think/insights/impact-of-ai
• Applied Materials (2.70%)

  Applied Materials is one of the world's largest suppliers of equipment to companies that manufacture semiconductors (chips). Applied Materials recently released its Vistara equipment platform that is “reimagined for a new, more-sustainable era of chipmaking.” Vistara combines multiple manufacturing steps within a single tool. Applied Materials states this results in an approximate 35% reduction in energy consumption and a 30% reduction in chemicals used during etching (one of the steps in chip manufacturing).
• Mastercard, Inc. – A (2.48%)

  Mastercard’s network facilitates billions of credit and debit card transactions every year. Consumers increasingly use cards instead of cash due to their convenience. Foregoing cash also has benefits for retailers. The Federal Reserve Bank of San Francisco writes, “Several businesses that have gone cashless have cited benefits like faster transactions and increased store throughput.” The Federal Reserve Bank of San Francisco also adds, “cash-intensive businesses can be targets for robberies.” Robberies include theft from dishonest employees and external theft.
• Nexans SA (2.46%)

  France-based Nexans manufactures cables used in the transmission of electricity. Electricity will be an increasingly important energy source if the world shifts away from fossil fuels. Examples of applications where electricity can displace fossil fuels include electric vehicles and heat pumps.
• Grail Inc. Com (2.42%)

  Grail’s Galleri test tries to identify more than fifty types of cancer from a blood sample — this test is sometimes called a liquid biopsy. Grail writes, “Adding multi-cancer early detection gives healthcare providers a chance to screen for cancers that often remain asymptomatic until it is too late to meaningfully intervene.”

• SoFi Technologies, Inc. (2.40%)

  SoFi is an online bank that does not operate physical branches. SoFi can grow as younger generations place less importance on physical branches. SoFi provides financial education for its members, which can be especially important for younger members. SoFi writes, “Our members have continuous access to our certified financial planners (“CFPs”), our career advice services… educational material, news, and our tools and calculators.”
• Abbott Laboratories (2.37%)

  Abbott manufactures a wide range of medical devices that improve lives. The company’s FreeStyle Libre continuous blood glucose monitor (CGM) measures a user’s blood sugar level on a minute-by-minute basis. This data enables diabetics to better manage their blood sugar. The American Diabetes Association writes, “Real-time continuous glucose monitoring has led to tremendous outcomes for people with diabetes who, without a CGM, may have experienced potentially life-threatening complications.
• Carrier Global Corp. (2.35%)

  Carrier is one of the world’s largest manufacturers of heating, ventilation, and air conditioning (HVAC) units. There are concerns about the amount of energy used by air conditioners. Although, Carrier is pushing into heat pumps – which can provide heating and cooling in an energy efficient manner. The International Energy Agency writes, “Heat pumps currently available on the market are three‐to‐five times more energy efficient than natural gas boilers.”
• Analog Devices Inc. (2.33%)

  Analog Devices designs chips that translate analog signals associated with the real world (e.g., temperature, pressure, weight, light, sound) into digital signals that can be used by electronic systems. The company’s largest end markets are Industrial Equipment and Automotive. Analog Devices writes that within its industrial markets, it “empowers manufacturers to make informed decisions that drive energy and operational efficiency.” Analog Devices’ chips for the auto industry enable advanced safety features. Analog Devices’ chips are also used widely in electric vehicles, where they help to manage power withdrawals and monitor the battery system.
• Interface, Inc. (2.31%)

  Interface manufactures carpet tiles, which are often found in offices. All of Interface’s flooring products are “carbon neutral,” meaning Interface purchases carbon offsets to offset the emissions released during manufacturing (offset programs support solar and wind projects, or forest protection projects). Interface has also released a “carbon negative” carpet that uses recycled material and plant-based products. The end result is that more carbon is stored in the carpet than was released during the manufacturing process. Interface’s renewed focus on sustainability was documented in the movie Beyond Zero, which is available on Amazon Prime.
• Danone (2.17%)

  Danone is one of the world's largest food and beverage companies. Danone’s products tend to be healthy (yogurt, plant-based beverages). Danone also aims to be the largest multinational B-Corporation by 2025. The B-Corporation designation is awarded by B Lab, a non-profit organization that awards the Certification to companies meeting “high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials.” More information can be found at danone.com/sustainability.html and bcorporation.net.
• Cash and Cash Equivalents (2.16%)
• Rocket Companies Inc. Com – Class A (2.14%)

  Rocket Companies states “Homeownership is an essential part of the American dream and stands for stability, financial security and a reliable means of building intergenerational wealth.” Rocket’s ONE+ program allows eligible low-income home buyers to put as little as 1% down for a conventional loan, combined with a 2% grant of up to $7,000 from Rocket Mortgage.
• McCormick & Co. Inc. Com Non Vtg (2.10%)

  McCormick is one of the world’s largest spice and seasoning companies. McCormick states that 95% of its branded iconic raw materials were sustainably sourced last year, “including 100% of our branded black pepper, cinnamon, oregano, and vanilla.”
• Crown Holdings, Inc. (2.07%)

  Crown Holdings is one of the world’s leading manufacturers of aluminum beverage containers. While the world struggles with recycling plastic waste in an efficient manner, aluminum has “infinite recyclability” making it a “truly circular option” according to Crown Holdings. The company further adds that Aluminum cans contain 73% recycled content on average (20x the average recycled content of plastic bottles).
• T-Mobile US, Inc. (2.06%)

  T-Mobile is one of the nation’s largest telecommunications providers. The company highlights its T-Priority offering, which is “the country’s first dedicated 5G slice for first responders [that] gives emergency teams up to five times more network resources than typical users, even in the most congested conditions.” Access to this network can be critical in the event of natural disasters or crowded public events. T-Mobile also highlights its Project 10Million program that aims to connect 10 million low-income students with free or subsidized internet service.
• Veralto Corp. (1.90%)

  Water is an increasingly precious commodity. Veralto states its Hach subsidiary “offers analytical measurement instruments… and related consumables that test water quality; it serves over 125,000 customers, including small community water utilities, large public and private water utilities and industrial customers and helps to ensure safe water for more than 3.4 billion people every day — approximately 40% of the global population.” Veralto also has a Product Quality segment that prints barcodes and lot numbers on packaging. Veralto notes, “The ability to track and trace products and their ingredients throughout the supply chain is critical for managing recalls and helps ensure consumer products are safe.”

• Unilever PLC – Spons ADR (1.88%)

  Unilever is consistently rated as one of the world’s most socially responsible companies. The company says its brands communicate strong environmental or social purposes. The Dove brand includes soap and hygiene products. The brand’s mission statement is to “help women everywhere develop a positive relationship with the way they look, helping them raise their self-esteem.” The Dove Self-Esteem Project delivers self-esteem education to young people (primarily girls) aged 8-17 years through lessons in schools, workshops for youth groups, and online resources for parents. Unilever’s Lifebuoy brand soap states “Our mission is to make a difference by creating quality, affordable products and promoting healthy hygiene habits.” Lifebuoy promotes hygiene throughout emerging markets with handwashing campaigns. Unilever says brands that have purpose-driven campaigns not only help the planet but also deliver greater growth.
• Becton Dickinson and Co. (1.84%)

  Becton Dickinson is one of the world’s largest manufacturers of medical supplies and diagnostic products used by healthcare institutions. In an attempt to combat plastic waste, the company is conducting a pilot program to recycle discarded syringes and needles. Becton Dickinson writes initial results led to “40,000 pounds of medical waste being recycled and diverted from disposal.”
• Nextracker Inc. Class A Com (1.78%)

  Nextracker’s systems improve the efficiency of utility-scale solar projects. Nextracker’s metal frames attach to the underside of solar panels and alter the position of the panel to track the sun, resulting in a roughly 25% increase in energy production.
• RELX PLC – Spons ADR (1.74%)

  RELX is a provider of information across multiple industries. One of RELX’s operations is Elsevier, a leading publisher of scientific journals for the academic and research community. Elsevier states it “supports programmes in places where resources are often scarce.” Elsevier provides about 20% of the material available through Research4Life, a partnership between U.N. agencies and publishers that provides scientific information to researchers in 125 low- and middle-income countries at a reduced price or at no cost.
• Uber Technologies, Inc. (1.73%)

  Uber was a pioneer in transforming transportation. Instead of having to find a taxi, the ride came to you. Instead of watching the taxi’s meter, a price for the ride was provided in advance. There are concerns about Uber’s classification of drivers as independent contractors, rather than employees. Uber counters that drivers can work whenever they want, thereby offering flexibility not associated with traditional jobs.
• AptarGroup, Inc. (1.72%)

  Aptar manufactures the dispensing mechanism found in a wide range of items – including nasal sprays, perfumes, and condiments. Recycling has often been a challenge for these types of pumps since they are comprised of a mixture of metal and plastic. Aptar is increasingly designed pumps made entirely of plastic, thereby increasing recyclability. Aptar writes, “In 2024, approximately 75% of our solutions in personal care, beauty, home care and food/beverage were recyclable, reusable or compostable, according to the Ellen MacArthur Foundation guidelines.” The Ellen MacArthur Foundation is dedicated to creating a “circular economy,” which entails reducing waste.
• Xylem, Inc. (1.70%)

  Xylem is a leading manufacturer of pumps used to transport water and wastewater. Xylem also has technologies to monitor for water leaks. Water conservation is becoming increasingly important as the population grows. Xylem writes, “In the U.S., deteriorating pipe systems, theft or inaccurate meters result in approximately one out of every six gallons of treated water being lost prior to reaching the end customer.” Xylem’s Sensus water meters monitor water usage and can relay consumption in real-time to the utility. The utility can investigate for potential leaks if consumption does not match predicted use. Water meters are also placed along water mains so utilities can be alerted to potential leaks. Xylem also has technology to assess if water pipes have breaks or structural defects.
• Danaher Corp. (1.56%)

  Danaher makes equipment used by the medical research community, diagnostic equipment, and equipment used by pharmaceutical companies to manufacture biologic medications, including vaccines. A study released in The Lancet in 2024 concluded that global immunization efforts saved an estimated 154 million over the past fifty years, with the majority of lives saved being infants.
• The Home Depot Inc. (1.56%)

  The Home Depot is the world’s largest home improvement retailer. The Home Depot supports America’s Historically Black Colleges and Universities through grants for materials that can be used for renovation projects. Additionally, The Home Depot Foundation provides grants to veteran causes through nonprofit partners like Habitat for Humanity International, Volunteers of America and Jared Allen’s Homes for Wounded Warriors. These grants are used to enable critical home repairs for veterans, provide housing for at-risk veterans, and support the construction of mortgage-free smart homes for combat-wounded veterans.
• Alcon, Inc. (1.54%)

  Alcon is a leading manufacturer of contact lenses and equipment used in eye surgery. Alcon highlights its Alcon Cares program, writing “For more than 50 years, Alcon Cares has supported quality eye care services around the world through donations of Alcon products and equipment. Since 2019, Alcon Cares has supported approximately 1,700 medical missions, helping deliver eye care to communities across the globe. During these missions, volunteer medical teams treat patients and train local professionals to help ensure continuity of care.”
• SharkNinja Inc. (1.52%)

  The SharkNinja name arose from combining Shark-brand vacuums and Ninja-brand kitchen appliances. SharkNinja states “Our Environmental, Social and Governance (ESG) strategy is a core part of [our] mission — because we know that building a better future means leading responsibly, sustainably and with intention.” SharkNinja’s “certified renewed” program is particularly notable. The program inspects, cleans, and sanitizes returned items, which helps minimize waste. The refurbished products are then offered to consumers at a discount. SharkNinja writes, “Since 2019, of the more than 5.2 million units returned, we have refurbished 4.4 million, giving more than 85% of our returned products a second life.”
• Novonesis (Novozymes) B Shares (1.51%)

  Novonesis, headquartered in Denmark, is one of the world’s leading manufacturers of enzymes, which have a range of beneficial applications. Enzymes improve stain removal, enabling increased effectiveness of detergent in cold water. Enzymes are added to high-starch foods to reduce the formation of acrylamide, a possible carcinogen, during the frying process. Enzymes are used to break down corn starch into ethanol, which is added to the nation’s fuel supply to reduce greenhouse gas emissions. Novonesis also has environmentally friendly “bioyield” and “bioprotection” agricultural offerings. One microorganism (fungus) is coated onto seeds to help plants absorb nutrients, such as nitrogen and phosphate. Other microorganisms protect crops against insects or disease instead of using pesticides.

• Airbnb Inc. Class A (1.48%)

  Airbnb helps many people supplement their income. Airbnb states “Hosts in the U.S. earned more than $24 billion and the typical Host earned an estimated $14,000” in 2023 by utilizing its platform. Additionally, Airbnb has partnered with third parties in the U.K, France, and Massachusetts to help hosts make energy-efficient upgrades and access available rebates. Airbnb also has an “Off-the-grid” category that allows people to rent places that use alternative energy (solar, wind, geothermal, hydroelectric, etc.) or have no electricity.
• Salesforce Inc. (1.46%)

  Salesforce is the leading provider of customer relationship management (CRM) software. CRM software is used by organizations to keep track of customer information. Salesforce achieved 100% “renewable energy purchasing” in its fiscal 2022, meaning it procured renewable energy and/or renewable energy certificates equivalent to the electricity it uses. The company has also pledged to help fund the conservation, restoration, and growth of 100 million trees by fiscal 2031.
• Vertex Pharmaceutical Inc. (1.35%)

  Vertex is the leading manufacturer of cystic fibrosis (CF) medications. CF is a disease that causes mucus buildup in the lungs, making breathing difficult. Vertex’s first CF medication was approved in 2012 and its medications are an integral reason for the increased lifespan of those with CF. The median age of death for CF patients was 26 years in 2008. The National Cysic Fibrosis Foundation writes, “the median age of survival for people with CF who were born between 2020 and 2024 is [now] predicted to be 65 years.”
• Cloudflare, Inc. Class A (1.31%)

  Cloudflare operates a content delivery network. CDNs enable faster delivery of website content by placing servers containing website content in multiple locations across the world, thereby making the information being accessed geographically closer to the end user. Cloudflare focuses on integrating cybersecurity into its CDN to “help ensure that external-facing infrastructure (including Internet properties such as websites, applications, and APIs) that are exposed to the Internet are safe from attack.” Cloudflare also helps customers secure their corporate networks. As cyber threats increase, cybersecurity solutions from companies such as Cloudflare should be in increasing demand.
• Stryker Corp. (1.26%)

  Stryker manufactures replacement joints (e.g., hips, knees) and other medical equipment. Stryker is a leader in robotic-assisted joint replacement surgery. In this procedure, a patient has imaging of the joint performed prior to surgery. The surgeon then receives tactile feedback from robotic system to help provide more accurate placement of the new joint. Stryker writes its Mako-brand robotic platform “can help lead to better patient outcomes such as less pain and shorter recovery times compared to manual surgery.”
• TOMRA Systems ASA (1.19%)

  Norway-based Tomra is one of the world’s largest manufacturers of reverse vending machines, where consumers return aluminum, glass, and plastic beverage containers for recycling. Tomra states that its machines collect approximately 50 billion containers annually. Tomra also makes optical sorting equipment used to identify and separate plastics in single-stream recycling facilities.
• Crispr Therapeutics AG (1.16%)

  Crispr Therapeutics is a gene editing company. Gene editing is a revolutionary approach to treating disease, as it looks to fix the underlying genetic cause of the disease with a one-time treatment.
• L’Oréal (0.99%)

  L'Oreal is one of the world’s largest cosmetics companies. L’Oreal has received praise for ending its testing of finished products on animals in 1989 (14 years before it became a legal obligation in Europe). However, L’Oreal does sell products in China, where government authorities may conduct tests on animals. L’Oreal advocates against this practice and writes, “We currently manufacture different types of reconstructed human skin in our Episkin labs in France, China and Brazil – and we make this technology available to governments, organizations and other companies for testing purposes, so that they don’t have to test on animals.”
• Novo Nordisk A/S – Spons ADR (0.97%)

  Novo Nordisk manufactures Wegovy, a popular GLP-1 weight loss medication. In one study, participants taking Wegovy experienced a roughly 15% reduction in body weight. The FDA has also approved Wegovy as a treatment for those suffering from cardiovascular disease, as it reduces the risk of major adverse cardiovascular events (heart attack, stroke) in those who are overweight.
• ARM Holdings PLC (0.86%)

  ARM licenses intellectual property to design microprocessors, or central processing units (CPUs), to semiconductor (chip) companies. CPUs are described as the “brains” of a computer or other electronic device. Arm’s CPU designs have historically consumed less power than competing x86 designs made by companies such as Intel, which led to Arm’s designs becoming the standard in cell phones. Today, the number of data centers are increasing as artificial intelligence drives demand for computing power. Arm says using its designs could save the major cloud computing providers, such as AWS and Microsoft, upwards of 15% their total data center power.
• Enovix Corp. (0.65%)

  Enovix is primarily targeting the mobile phone market with its batteries that have greater energy density than current batteries. Enovix states its batteries “are designed to store more energy, enabling consumer electronics products to last longer on a single charge and potentially reduce the number of batteries needed to power applications.”
• Walden Mutual Bank (New Hampshire) (0.05%)

  Walden Mutual Bank is distinctive in several ways. It is the first nationwide, mutually owned bank started in the last fifty years. That means it is owned and governed by depositors. Most importantly, the bank’s mission is to support sustainable agriculture.
• Latino Community CD (0.02%)

  Latino Community Credit Union (LCCU) is a community development financial institution (CDFI) with a mission to provide ethical financial products and education to empower communities. LCCU provides fully bilingual English and Spanish services to communities across the state of North Carolina through 15 branches. They also offer mortgage services in several other states.