SEC 13F Intelligence

Managers / Q3 2020 · view latest →

SIT INVESTMENT ASSOCIATES INC

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

Reported Value
$3.4B
Q3 2020
Positions
515
Filings on Record
32
2019–present window
Filed
Nov 12, 2020
amendment (RESTATEMENT)

Summary

Sit Investment Associates Inc reported $3.4B in U.S.-listed holdings across 515 positions for Q3 2020.

Its largest position, AAPL, represents 3.0% of the portfolio.

Compared with Q2 2020, the fund opened 31 new positions and exited 39.

Portfolio Metrics

Turnover
+7.9%
vs prior filed quarter
Top-10 Concentration
+20.1%
share of reported value
Largest Position
+3.0%
Apple
New / Exited
31 / 39
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. 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: 45.1%Closed-End Fund: 40.2%Other: 11.4%ADR: 2.0%REIT: 1.1%Other: 0.1%
  • Common Stock · 45.1% · $1.5B
  • Closed-End Fund · 40.2% · $1.4B
  • Other · 11.4% · $389M
  • ADR · 2.0% · $69M
  • REIT · 1.1% · $37M
  • Other · 0.1% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AEEAMEREN CORPNEW+103.9K103.9K+$8M$8M
AFGAMERICAN FINANCIAL GROUP INCNEW+98.5K98.5K+$7M$7M
JRINUVEEN REAL ASSET INC & GRW JRNEW+307.3K307.3K+$4M$4M
CCMPCMC MATERIALS INCNEW+25.5K25.5K+$4M$4M
DTDYNATRACE INCNEW+82.1K82.1K+$3M$3M
APOLLO TACTICAL INCOME FD AIFNEW+249.1K249.1K+$3M$3M
SYYSYSCO CORPNEW+39.9K39.9K+$2M$2M
EMOCLEARBRIDGE ENERGY MLP OPP FDNEW+264.9K264.9K+$2M$2M

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

Holdings — Q3 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COMMON3.03%$103M890.8K
2XEVVXEATON VANCE LIMITED DURATION Ihistory →COMMON2.83%$96M8.50M
3MSFTMICROSOFT CORPhistory →COMMON2.71%$92M438.5K
4XEVGXEATON VANCE SHORT DUR DIVERSIFhistory →COMMON2.39%$81M7.11M
5BTZBLACKROCK CREDIT ALLOCATION INhistory →COMMON2.10%$71M5.02M
6FRANKLIN LIMITED DURATION INCOCOMMON1.56%$53M6.20M
7BLACKROCK INCOME TRUST INC BKTCOMMON1.54%$52M8.60M
8PUTNAM MASTER INTERMEDIATE INCCOMMON1.39%$47M11.51M
9PUTNAM PREMIER INCOME TRUST PPCOMMON1.28%$44M9.79M
10MFS INTERMEDIATE INCOME TRUSTCOMMON1.23%$42M11.23M
11AVGOBROADCOM INChistory →COMMON1.04%$35M97.4K
12WIWWA INFLATION-LINKED OPP & INChistory →COMMON1.00%$34M3.02M
13DOUBLELINE OPP CREDIT FD DBLCOMMON0.98%$33M1.75M
14JNJJOHNSON & JOHNSONhistory →COMMON0.93%$32M212.1K
15VVISA INChistory →COMMON0.92%$31M157.1K
16UNHUNITEDHEALTH GROUP INChistory →COMMON0.83%$28M90.6K
17HDHOME DEPOT INChistory →COMMON0.82%$28M100.9K
18NUVEEN PREFERRED & INCOME SECCOMMON0.81%$28M3.13M
19XNEAXNUVEEN AMT-FREE QUALITY MUNI Ihistory →COMMON0.81%$28M1.92M
20GHYPGIM GLOBAL SHORT DURATION HIGhistory →COMMON0.79%$27M2.04M
21BHKBLACKROCK CORE BOND TRUST BHKhistory →COMMON0.79%$27M1.72M
22BACVERIZON COMMUNICATIONS INChistory →COMMON0.79%$27M453.5K
23GENERAL AMERICAN INVESTORS COCOMMON0.77%$26M768.4K
24WA VARIABLE RATE STRATEGIC FDCOMMON0.76%$26M1.58M
25XMCRXMFS CHARTER INCOME TRUST MCRhistory →COMMON0.75%$25M3.17M
26NUVEEN MULTI-MARKET INC FD JMMCOMMON0.74%$25M3.61M
27UNPUNION PACIFIC CORPhistory →COMMON0.73%$25M126.4K
28PEPPEPSICO INChistory →COMMON0.73%$25M178.4K
29NADNUVEEN QUALITY MUNICIPAL INC Fhistory →COMMON0.73%$25M1.70M
30JHSJOHN HANCOCK INCOME SECURITIEShistory →COMMON0.71%$24M1.59M
31BLACKROCK ENHANCED GOVERNMENTCOMMON0.71%$24M1.80M
32AMZNAMAZON.COM INChistory →COMMON0.71%$24M7.6K
33ABTABBOTT LABORATORIEShistory →COMMON0.70%$24M219.0K
34AMATAPPLIED MATERIALS INChistory →COMMON0.69%$24M395.6K
35METAFACEBOOK INChistory →COMMON0.67%$23M86.5K
36FMYFIRST TR MORTGAGE INCOME FD FMhistory →COMMON0.66%$22M1.65M
37XXINSIXXINSIGHT SELECT INCOME FD INSIhistory →COMMON0.66%$22M1.10M
38ACCENTURE PLC CL ACOMMON0.64%$22M96.3K
39GOOGLALPHABET INC - CL Ahistory →COMMON0.64%$22M14.8K
40MCDMCDONALD'S CORPhistory →COMMON0.58%$20M89.1K
41FIRST TR HIGH INC LONG/SHORT FCOMMON0.57%$19M1.39M
42JLSNUVEEN MORTGAGE & INCOME FD JLhistory →COMMON0.56%$19M1.00M
43AMTAMERICAN TOWER CORPhistory →REIT0.55%$19M77.9K
44WESTERN ASSET HIGH INC OPP FDCOMMON0.55%$19M3.81M
45MEDTRONIC PLCCOMMON0.54%$18M175.4K
46JPMJPMORGAN CHASE & COhistory →COMMON0.54%$18M189.1K
47NEENEXTERA ENERGY INChistory →COMMON0.53%$18M64.6K
48XGDVXGABELLI DIVD & INCOME TR GDVhistory →COMMON0.52%$18M962.9K
49ADXADAMS DIVERSIFIED EQUITY ADXhistory →COMMON0.52%$18M1.08M
50DYHTARGET CORPhistory →COMMON0.50%$17M109.0K

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 /ADV028-19972

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 ↗.