Levi Zurbrugg
Portfolio Manager and Senior Investment Analyst at Saturna Capital Corp.
About
Levi Stewart Zurbrugg, CFA, is a Portfolio Manager and Senior Investment Analyst at Saturna Capital Corp, based in Bellingham, WA. He joined Saturna in June 2019 and manages the Sextant Core Fund, where his key responsibilities include portfolio management, fundamental research, and investment strategy development for both equity and fixed income assets.
Zurbrugg has a particular investment focus on sustainability, environmental, social, and governance (ESG), and sustainable agriculture sectors. His expertise encompasses key areas such as consumer staples, alternative proteins, agricultural technology, and emerging markets, showcased in published research and industry commentary regarding climate solutions, food systems, and ESG implementation.
Prior to Saturna, he served as Sector Analyst for Consumer Staples at the Sustainability Accounting Standards Board (SASB) and as an Accounting Analyst at The Nature Conservancy, contributing to sustainability initiatives. Zurbrugg holds an MBA in Investments and Securities from the University of Washington’s Foster School of Business, with additional studies in accounting at Western Washington University and the University of Colorado Boulder. His significant achievements include authoring influential research and actively shaping sustainable investment strategies in core portfolio management.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Saturna Capital | Portfolio Manager and Senior Investment Analyst | Jun 2019 to Present | - Lead Portfolio Manager for Sextant Short-term Bond Fund (STBFX) - Deputy Portfolio Manager on Amana Developing World Fund (AMDWX) - Lead analyst for consumer staples, agricultural chemicals, renewab... |
| SASB – Sustainability Accounting Standards Board | Sector Analyst - Consumer Staples | Dec 2015 to Jun 2017 | • Lead efforts to bring SASB standards to market for 8 industries in the Consumer Staple Products sector, through acting as SASB’s primary liaison with companies, investors, and subject matter experts... |
| The Nature Conservancy | Accounting Analyst | Sep 2013 to Jun 2014 | • Responsible for developing and communicating analytics that allow for astute financial management of nine units with average budgeted expenditures of more than $1 million. • Develop and maintain re... |
| University of Washington - Michael G. Foster School of Business | MBA Candidate | Aug 2017 to Jun 2019 | — |
| Dana Investment Advisors | MBA Intern | Jun 2018 to Aug 2018 | • Developed factor analysis on Large Cap and ESG strategies, supporting manager alpha generation. • Created insights on ESG investment strategy competitive environment. |
| Laird Norton Company | MBA Consultant | Jan 2018 to Mar 2018 | • Performed in-depth research, highlighting the impacts of climate change on private equity investments. • Developed detailed investment report exposing industries in the Puget Sound which stand to be... |
| SASB – Sustainability Accounting Standards Board | Technical Research Analyst | Jun 2014 to Nov 2015 | • Development of industry-specific accounting metrics and technical protocols (the SASB Standards) for companies to account and disclose their performance on industry-specific environmental, social, a... |
| The Nature Conservancy | Staff Accountant | Sep 2012 to Sep 2013 | • Perform numerous analytical projects, including the development of trend reports and graphs, to assist in the budgeting process. • Develop in-depth and comprehensive reports on the distribution of l... |
| Moss Adams LLP | Assurance Intern | Jan 2012 to Mar 2012 | • Partook in pre-audit planning for engagements, review of client accounting and operating procedures, performance of internal control test work, and preparation of financial statement reports. • Cond... |
Education
University of Washington - Michael G. Foster School of Business
Master of Business Administration - MBA, Investments and Securities
2017 — 2019
Western Washington University
Business, Accounting
2010 — 2012
University of Colorado at Boulder
Accounting
2007 — 2009
Skills & Expertise
Others at Saturna Capital Corp. (18)
| Name | Role | Location |
|---|---|---|
 | Vice President, Product Development | Bellingham, WA , United States |
 | Portfolio Manager and Senior Investment Analyst | Bellevue, WA , United States |
E Elizabeth Alm | Portfolio Manager and Senior Investment Analyst | Bellingham, WA , United States |
 | President | Bellingham, WA , United States |
 | Executive Vice President, Portfolio Manager | Bellingham, WA , United States |
 | Vice President Information Technology | Kirkland, WA , United States |
 | Investment Associate | Bellingham, WA , United States |
H Haitham Al-Sayed | Vice President - Investment Advisory Services | Newport Beach, CA , United States |
J John Corrieri | Vice President Retirement Services | Bellingham, WA , United States |
 | Senior Investment Analyst | Berlin, Germany |