SEC 13F Intelligence

Managers / Q1 2022 · view latest →

SIT INVESTMENT ASSOCIATES INC

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

Reported Value
$3.7B
Q1 2022
Positions
516
Filings on Record
32
2019–present window
Filed
May 12, 2022
original filing

Summary

Sit Investment Associates Inc reported $3.7B in U.S.-listed holdings across 516 positions for Q1 2022.

Its largest position, AAPL, represents 3.3% of the portfolio.

Compared with Q4 2021, the fund opened 25 new positions and exited 24.

Portfolio Metrics

Turnover
+5.5%
vs prior filed quarter
Top-10 Concentration
+18.7%
share of reported value
Largest Position
+3.3%
Apple
New / Exited
25 / 24
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: 47.4%Closed-End Fund: 37.6%Other: 11.2%ADR: 2.6%REIT: 1.1%Other: 0.1%
  • Common Stock · 47.4% · $1.8B
  • Closed-End Fund · 37.6% · $1.4B
  • Other · 11.2% · $415M
  • ADR · 2.6% · $97M
  • REIT · 1.1% · $43M
  • Other · 0.1% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GDGENERAL DYNAMICS CORPNEW+41.1K41.1K+$10M$10M
STTSTATE STREET CORPNEW+109.5K109.5K+$10M$10M
NTRNUTRIEN LTDNEW+61.3K61.3K+$6M$6M
RFREGIONS FINANCIAL CORPNEW+184.8K184.8K+$4M$4M
DCIDONALDSON INCNEW+65.7K65.7K+$3M$3M
EWBCEAST WEST BANCORP INCNEW+30.4K30.4K+$2M$2M
DELAWARE INVESTMENTS NATL MUNINEW+161.6K161.6K+$2M$2M
MPMP MATERIALS CORPNEW+35.5K35.5K+$2M$2M

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

Holdings — Q1 2022

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COMMON3.33%$124M708.1K
2MSFTMICROSOFT CORPhistory →COMMON3.09%$115M371.6K
3WIWWA INFLATION-LINKED OPP & INChistory →COMMON2.07%$77M6.40M
4GOOGLALPHABET INC - CL ACOMMON1.86%$69M24.7K
5XEVVXEATON VANCE LIMITED DURATION Ihistory →COMMON1.76%$65M5.59M
6PUTNAM PREMIER INCOME TRUST PPCOMMON1.54%$57M14.37M
7BTZBLACKROCK CREDIT ALLOCATION INhistory →COMMON1.51%$56M4.45M
8AVGOBROADCOM INChistory →COMMON1.45%$54M85.8K
9PUTNAM MASTER INTERMEDIATE INCCOMMON1.37%$51M14.18M
10MFS INTERMEDIATE INCOME TRUSTCOMMON1.19%$44M14.06M
11XAXCXINVESCO DYNAMIC CREDIT OPP FDhistory →COMMON1.10%$41M3.33M
12UNHUNITEDHEALTH GROUP INChistory →COMMON1.03%$38M74.7K
13DOUBLELINE OPP CREDIT FD DBLCOMMON1.02%$38M2.26M
14FRANKLIN LIMITED DURATION INCOCOMMON1.02%$38M4.98M
15AMATAPPLIED MATERIALS INChistory →COMMON1.00%$37M282.1K
16JNJJOHNSON & JOHNSONhistory →COMMON0.98%$36M204.4K
17GHYPGIM GLOBAL SHORT DURATION HIGhistory →COMMON0.89%$33M2.48M
18CHUBB LTDCOMMON0.86%$32M148.9K
19ACCENTURE PLC CL ACOMMON0.82%$30M89.8K
20NVDANVIDIA CORPhistory →COMMON0.79%$29M107.6K
21NADNUVEEN QUALITY MUNICIPAL INC Fhistory →COMMON0.76%$28M2.12M
22JLSNUVEEN MORTGAGE & INCOME FD JLhistory →COMMON0.74%$28M1.51M
23AMZNAMAZON.COM INChistory →COMMON0.73%$27M8.3K
24TMOTHERMO FISHER SCIENTIFIC INChistory →COMMON0.72%$27M45.2K
25XNEAXNUVEEN AMT-FREE QUALITY MUNI Ihistory →COMMON0.70%$26M1.99M
26NUVEEN MULTI-MARKET INC FD JMMCOMMON0.70%$26M4.00M
27WDIWESTERN ASSET DIVERSIFIED INChistory →COMMON0.69%$26M1.58M
28MEDTRONIC PLCCOMMON0.69%$26M230.0K
29UNPUNION PACIFIC CORPhistory →COMMON0.68%$25M92.9K
30PGIM SHORT DUR HI YLD SDHYCOMMON0.68%$25M1.51M
31DELAWARE IVY HIGH INC OPP FD ICOMMON0.66%$24M1.93M
32WA INFLATION - LINKED SEC & INCOMMON0.65%$24M2.07M
33XXINSIXXINSIGHT SELECT INCOME FD INSIhistory →COMMON0.65%$24M1.35M
34MACQUARIE GLBL INFRASTRUCTURECOMMON0.64%$24M920.4K
35NUVEEN PREFERRED & INCOME SECCOMMON0.64%$24M2.82M
36VVISA INChistory →COMMON0.64%$24M106.6K
37BLACKROCK INCOME TRUST INC BKTCOMMON0.63%$23M4.56M
38PEPPEPSICO INChistory →COMMON0.62%$23M137.0K
39XJQCXNUVEEN CREDIT STRATEGIES INC Fhistory →COMMON0.61%$23M3.64M
40BGBBLACKSTONE STRAT CREDIT FD BGBhistory →COMMON0.58%$22M1.65M
41AMTAMERICAN TOWER CORPhistory →REIT0.58%$21M85.4K
42EMOCLEARBRIDGE ENERGY MLP OPP FDhistory →COMMON0.58%$21M758.5K
43COHEN & STEERS TAX ADVANTAGE PCOMMON0.58%$21M972.1K
44FMYFIRST TR MORTGAGE INCOME FD FMhistory →COMMON0.57%$21M1.72M
45BAXBAXTER INTERNATIONAL INChistory →COMMON0.57%$21M271.6K
46HDHOME DEPOT INChistory →COMMON0.57%$21M70.3K
47A4SAMERIPRISE FINANCIAL INChistory →COMMON0.56%$21M68.7K
48XEVGXEATON VANCE SHORT DUR DIVERSIFhistory →COMMON0.54%$20M1.74M
49ABBVABBVIE INChistory →COMMON0.54%$20M122.9K

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 ↗.