SEC 13F Intelligence

Managers / Q1 2020 · view latest →

SIT INVESTMENT ASSOCIATES INC

CIK 0000769317 · 3300 IDS CENTER, 80 SOUTH EIGHTH STREET, MINNEAPOLIS, MN, 55402 · 6123323223

Reported Value
$2.6B
Q1 2020
Positions
530
Filings on Record
32
2019–present window
Filed
May 13, 2020
original filing

Summary

Sit Investment Associates Inc reported $2.6B in U.S.-listed holdings across 530 positions for Q1 2020.

Its largest position, MSFT, represents 2.8% of the portfolio.

Compared with Q4 2019, the fund opened 64 new positions and exited 50.

Portfolio Metrics

Turnover
+5.6%
vs prior filed quarter
Top-10 Concentration
+18.9%
share of reported value
Largest Position
+2.8%
Microsoft
New / Exited
64 / 50
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $3.1BQ4 ’18Q1 ’19: $3.2BQ2 ’19: $3.2BQ3 ’19: $3.3BQ4 ’19: $3.5BQ4 ’19Q1 ’20: $2.6BQ2 ’20: $3.2BQ3 ’20: $3.4BQ4 ’20: $3.7BQ4 ’20Q1 ’21: $3.8BQ2 ’21: $4.0BQ3 ’21: $3.9BQ4 ’21: $4.3BQ4 ’21Q1 ’22: $3.7BQ2 ’22: $3.3BQ3 ’22: $3.3BQ1 ’23: $4MQ1 ’23Q2 ’23: $4MQ3 ’23: $4MQ4 ’23: $4MQ1 ’24: $4MQ1 ’24Q2 ’24: $4MQ3 ’24: $4MQ4 ’24: $4MQ1 ’25: $4MQ1 ’25Q2 ’25: $5MQ3 ’25: $5MQ4 ’25: $5MQ1 ’26: $5MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 47.0%Closed-End Fund: 38.7%Other: 10.9%ADR: 2.2%REIT: 1.0%Other: 0.1%
  • Common Stock · 47.0% · $1.2B
  • Closed-End Fund · 38.7% · $1.0B
  • Other · 10.9% · $288M
  • ADR · 2.2% · $59M
  • REIT · 1.0% · $28M
  • Other · 0.1% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AON PLCNEW+65.6K65.6K+$11M$11M
RQICOHEN & STEERS QUAL INC RLTY RNEW+1.16M1.16M+$11M$11M
SNYSANOFI ADRNEW+183.5K183.5K+$8M$8M
TRANE TECHNOLOGIES PLCNEW+74.0K74.0K+$6M$6M
GENERAL AMERICAN INVESTORS CONEW+209.9K209.9K+$6M$6M
BLACKROCK TAXABLE MUNI BOND TRNEW+249.5K249.5K+$5M$5M
BLKCHFBLACKROCK INCNEW+11.3K11.3K+$5M$5M
FDXFEDEX CORPNEW+39.6K39.6K+$5M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2020

495 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COMMON2.84%$75M475.0K
2XEVGXEATON VANCE SHORT DUR DIVERSIFhistory →COMMON2.34%$62M5.64M
3AAPLAPPLE INChistory →COMMON2.27%$60M236.1K
4BLACKROCK INCOME TRUST INC BKTCOMMON2.26%$60M10.37M
5XEVVXEATON VANCE LIMITED DURATION Ihistory →COMMON2.26%$60M5.65M
6MFS INTERMEDIATE INCOME TRUSTCOMMON1.83%$48M13.39M
7XNEAXNUVEEN AMT-FREE QUALITY MUNI Ihistory →COMMON1.34%$35M2.62M
8WIWWA INFLATION-LINKED OPP & INChistory →COMMON1.30%$34M3.59M
9FRANKLIN LIMITED DURATION INCOCOMMON1.26%$33M4.23M
10PUTNAM MASTER INTERMEDIATE INCCOMMON1.26%$33M8.12M
11CLMCORNERSTONE STRATEGIC VALUE FDhistory →COMMON1.22%$32M3.98M
12JNJJOHNSON & JOHNSONhistory →COMMON1.18%$31M237.7K
13BTZBLACKROCK CREDIT ALLOCATION INhistory →COMMON1.11%$29M2.52M
14BACVERIZON COMMUNICATIONS INChistory →COMMON1.09%$29M534.5K
15BHKBLACKROCK CORE BOND TRUST BHKhistory →COMMON1.06%$28M2.11M
16GOOGLALPHABET INC - CL ACOMMON1.05%$28M23.8K
17VVISA INChistory →COMMON1.02%$27M166.8K
18AVGOBROADCOM INChistory →COMMON1.01%$27M113.0K
19UNHUNITEDHEALTH GROUP INChistory →COMMON0.97%$26M102.5K
20BLACKROCK ENHANCED GOVERNMENTCOMMON0.93%$25M1.91M
21GHYPGIM GLOBAL SHORT DURATION HIGhistory →COMMON0.91%$24M2.17M
22PEPPEPSICO INChistory →COMMON0.91%$24M199.6K
23HDHOME DEPOT INChistory →COMMON0.86%$23M121.7K
24AMATAPPLIED MATERIALS INChistory →COMMON0.84%$22M484.5K
25INTCINTEL CORPhistory →COMMON0.82%$22M400.8K
26FMYFIRST TR MORTGAGE INCOME FD FMhistory →COMMON0.81%$21M1.68M
27ABTABBOTT LABORATORIEShistory →COMMON0.80%$21M268.4K
28JHSJOHN HANCOCK INCOME SECURITIEShistory →COMMON0.80%$21M1.51M
29NUVEEN MULTI-MARKET INC FD JMMCOMMON0.79%$21M3.41M
30XXINSIXXINSIGHT SELECT INCOME FD INSIhistory →COMMON0.78%$21M1.04M
31NADNUVEEN QUALITY MUNICIPAL INC Fhistory →COMMON0.76%$20M1.46M
32UNPUNION PACIFIC CORPhistory →COMMON0.74%$20M139.0K
33ACCENTURE PLC CL ACOMMON0.71%$19M115.5K
34DYHTARGET CORPhistory →COMMON0.68%$18M193.8K
35JPMJPMORGAN CHASE & COhistory →COMMON0.65%$17M189.9K
36WA INFLATION - LINKED SEC & INCOMMON0.64%$17M1.61M
37PUTNAM PREMIER INCOME TRUST PPCOMMON0.62%$16M3.63M
38WA VARIABLE RATE STRATEGIC FDCOMMON0.61%$16M1.17M
39FIRST TR HIGH INC LONG/SHORT FCOMMON0.61%$16M1.33M
40TJXTJX COS INC/THEhistory →COMMON0.60%$16M331.6K
41MCDMCDONALD'S CORPhistory →COMMON0.59%$16M93.9K
42NEENEXTERA ENERGY INChistory →COMMON0.58%$15M63.8K
43AMZNAMAZON.COM INChistory →COMMON0.57%$15M7.7K
44HONGBPHONEYWELL INTERNATIONAL INChistory →COMMON0.57%$15M112.0K
45XJQCXNUVEEN CREDIT STRATEGIES INC Fhistory →COMMON0.55%$14M2.55M
46MDLZMONDELEZ INTERNATIONAL INChistory →COMMON0.54%$14M284.3K
47KTFDWS MUNICIPAL INCOME TRUST KTFhistory →COMMON0.53%$14M1.31M
48MRKMERCK & CO INChistory →COMMON0.52%$14M178.7K
49BLACKROCK CA MUNICIPAL INCOMECOMMON0.51%$14M1.07M
50TROWT ROWE PRICE GROUP INChistory →COMMON0.50%$13M135.1K
51XMCRXMFS CHARTER INCOME TRUST MCRhistory →COMMON0.49%$13M1.77M
52MEDTRONIC PLCCOMMON0.49%$13M144.2K
53XMUSXBLACKROCK MUNIHOLDINGS QUALITYCOMMON0.49%$13M1.09M
54AWMSKYWORKS SOLUTIONS INChistory →COMMON0.49%$13M145.0K
55XGDVXGABELLI DIVD & INCOME TR GDVhistory →COMMON0.48%$13M864.0K
56AZNNASTRAZENECA PLC ADRhistory →DEPOSITARY RECEI0.48%$13M285.9K
57DOUBLELINE OPP CREDIT FD DBLCOMMON0.45%$12M691.5K
58CHUBB LTDCOMMON0.44%$12M104.9K
59LHXL3HARRIS TECHNOLOGIES INChistory →COMMON0.43%$11M63.3K
60DSUBLACKROCK DEBT STRATEGIES FD Dhistory →COMMON0.42%$11M1.31M
61SBUXSTARBUCKS CORPhistory →COMMON0.42%$11M168.1K
62XMQTXBLACKROCK MUNIYIELD QUALITY FDCOMMON0.42%$11M872.2K
63PGPROCTER & GAMBLE CO/THEhistory →COMMON0.42%$11M100.0K
64NUVEEN AMT-FREE MUNI CREDIT INCOMMON0.41%$11M745.7K
65MFS GOVERNMENT MARKETS INCOMECOMMON0.41%$11M2.41M
66AON PLCCOMMON0.41%$11M65.6K
67UTXZUNITED TECHNOLOGIES CORPhistory →COMMON0.41%$11M114.7K
68RQICOHEN & STEERS QUAL INC RLTY Rhistory →COMMON0.40%$11M1.16M
69NUVEEN NJ QUALITY MUNI INC FDCOMMON0.39%$10M771.5K
70INTUINTUIT INChistory →COMMON0.39%$10M44.5K
71A4SAMERIPRISE FINANCIAL INChistory →COMMON0.38%$10M99.1K
72CRMSALESFORCE.COM INChistory →COMMON0.38%$10M70.4K
73KOCOCA-COLA CO/THEhistory →COMMON0.38%$10M226.1K
74INVESCO MUNICIPAL OPPORTUNITYCOMMON0.38%$10M866.6K
75TMOTHERMO FISHER SCIENTIFIC INCCOMMON0.37%$10M34.9K
76GARMIN LTDCOMMON0.37%$10M131.6K
77CAGCONAGRA BRANDS INCCOMMON0.37%$10M334.2K
78INVESCO TRUST FOR INV GRADE MUCOMMON0.37%$10M810.4K
79ADBEADOBE INCCOMMON0.37%$10M30.6K
80LMTLOCKHEED MARTIN CORPCOMMON0.36%$10M28.2K
81ECLECOLAB INCCOMMON0.36%$9M60.7K
82WESTERN ASSET HIGH INC OPP FDCOMMON0.36%$9M2.24M
83VKQINVESCO MUNICIPAL TRUST VKQCOMMON0.36%$9M803.8K
84VBFINVESCO BOND FUND VBFCOMMON0.36%$9M530.4K
85AMTAMERICAN TOWER CORPREIT0.36%$9M43.1K
86ATLASSIAN CORP PLCCOMMON0.35%$9M67.2K
87IQIINVESCO QUALITY MUNICIPAL INCOCOMMON0.35%$9M783.3K
88METAFACEBOOK INCCOMMON0.35%$9M54.7K
89INVESCO ADVANTAGE MUNI INC TRUCOMMON0.34%$9M879.0K
90NUVEEN NY AMT-FREE MUNICIPAL ICOMMON0.34%$9M717.1K
91EATON CORP PLCCOMMON0.34%$9M114.8K
92APDAIR PRODUCTS & CHEMICALS INCCOMMON0.33%$9M43.8K
93DOVDOVER CORPCOMMON0.33%$9M103.8K
94FEFIRSTENERGY CORPCOMMON0.32%$9M213.7K
95NBBNUVEEN BUILD AMERICA BOND FD NCOMMON0.32%$9M444.4K
96DOCUSDPHYSICIANS REALTY TRUSTREIT0.32%$8M604.6K
97DC4DEXCOM INCCOMMON0.32%$8M31.2K
98DISWALT DISNEY CO/THECOMMON0.32%$8M86.3K
99MUJBLACKROCK MUNIHOLDINGS NJ QUALCOMMON0.31%$8M621.7K
100PIONEER DIVERSIFIED HIGH INC TCOMMON0.31%$8M771.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5M501May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025REVEALED$5M512Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$5M516Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$5M524Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$4M522May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$4M530Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$4M540Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$4M533Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$4M523May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$4M535Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$4M532Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$4M546Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$4M534May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review542Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.3B520Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.3B515Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.7B516May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.3B515Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$3.9B474Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.0B531Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.8B527May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.7B523Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$3.4B515Nov 12, 2020RESTATEMENTchanges · EDGAR ↗
Q2 2020$3.2B523Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.6B530May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$3.5B516Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$3.3B520Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$3.2B530Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$3.2B531May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$3.1B535Jan 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • SIT FIXED INCOME ADVISORS II LLC /ADV

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.