SEC 13F Intelligence

Managers / Q2 2022 · view latest →

SIT INVESTMENT ASSOCIATES INC

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

Reported Value
$3.3B
Q2 2022
Positions
515
Filings on Record
32
2019–present window
Filed
Aug 11, 2022
original filing

Summary

Sit Investment Associates Inc reported $3.3B in U.S.-listed holdings across 515 positions for Q2 2022.

Its largest position, CLM, represents 4.5% of the portfolio.

Compared with Q1 2022, the fund opened 31 new positions and exited 32.

Portfolio Metrics

Turnover
+10.2%
vs prior filed quarter
Top-10 Concentration
+22.0%
share of reported value
Largest Position
+4.5%
Cornerstone Strategic Value Fd
New / Exited
31 / 32
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: $3.7BQ1 ’23Q2 ’23: $3.8BQ3 ’23: $3.6BQ4 ’23: $4.1BQ1 ’24: $4.3BQ1 ’24Q2 ’24: $4.3BQ3 ’24: $4.5BQ4 ’24: $4.4BQ1 ’25: $4.3BQ1 ’25Q2 ’25: $4.7BQ3 ’25: $4.9BQ4 ’25: $5.1BQ1 ’26: $4.9BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 47.7%Closed-End Fund: 43.0%Other: 5.5%ADR: 2.4%REIT: 1.3%Other: 0.1%
  • Common Stock · 47.7% · $1.6B
  • Closed-End Fund · 43.0% · $1.4B
  • Other · 5.5% · $181M
  • ADR · 2.4% · $79M
  • REIT · 1.3% · $42M
  • Other · 0.1% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WMBWILLIAMS COS INC DELNEW+333.9K333.9K+$10M$10M
BMYBRISTOL-MYERS SQUIBB CONEW+120.2K120.2K+$9M$9M
GUTGABELLI UTILITY TRUST GUTNEW+1.32M1.32M+$9M$9M
WFCWELLS FARGO & CONEW+176.3K176.3K+$7M$7M
AREALEXANDRIA REAL ESTATE EQUITIENEW+39.2K39.2K+$6M$6M
CHRDOASIS PETROLEUM INCNEW+39.7K39.7K+$5M$5M
LNGCHENIERE ENERGY INCNEW+35.5K35.5K+$5M$5M
LULULULULEMON ATHLETICA INCNEW+16.6K16.6K+$5M$5M

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

Holdings — Q2 2022

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CLMCORNERSTONE STRATEGIC VALUE FDhistory →COMMON4.54%$149M17.38M
2AAPLAPPLE INChistory →COMMON2.90%$95M697.0K
3MSFTMICROSOFT CORPhistory →COMMON2.86%$94M365.9K
4WIWWA INFLATION-LINKED OPP & INChistory →COMMON2.10%$69M6.55M
5PPTPUTNAM PREMIER INCOME TRUST PPhistory →COMMON1.75%$57M15.13M
6CRFCORNERSTONE TOTAL RETURN FD CRhistory →COMMON1.64%$54M6.48M
7GOOGLALPHABET INC - CL ACOMMON1.59%$52M23.9K
8XEVVXEATON VANCE LIMITED DURATION Ihistory →COMMON1.59%$52M5.05M
9PIMPUTNAM MASTER INTERMEDIATE INChistory →COMMON1.56%$51M15.08M
10BTZBLACKROCK CREDIT ALLOCATION INhistory →COMMON1.46%$48M4.42M
11MFS INTERMEDIATE INCOME TRUSTCOMMON1.35%$44M14.96M
12AVGOBROADCOM INChistory →COMMON1.30%$43M88.2K
13UNHUNITEDHEALTH GROUP INChistory →COMMON1.14%$37M72.8K
14DBLDOUBLELINE OPP CREDIT FD DBLhistory →COMMON1.11%$36M2.34M
15JNJJOHNSON & JOHNSONhistory →COMMON1.05%$35M195.3K
16XAXCXINVESCO DYNAMIC CREDIT OPP FDhistory →COMMON0.93%$30M2.71M
17CBCHUBB LTDhistory →COMMON0.87%$29M146.2K
18NADNUVEEN QUALITY MUNICIPAL INC Fhistory →COMMON0.82%$27M2.16M
19GHYPGIM GLOBAL SHORT DURATION HIGhistory →COMMON0.80%$26M2.29M
20ACNACCENTURE PLC CL Ahistory →COMMON0.78%$26M92.8K
21NUVEEN PREFERRED & INCOME SECCOMMON0.78%$26M3.55M
22TMOTHERMO FISHER SCIENTIFIC INChistory →COMMON0.77%$25M46.4K
23XXINSIXXINSIGHT SELECT INCOME FD INSIhistory →COMMON0.77%$25M1.57M
24JLSNUVEEN MORTGAGE & INCOME FD JLhistory →COMMON0.76%$25M1.52M
25JMMNUVEEN MULTI-MARKET INC FD JMMhistory →COMMON0.76%$25M4.12M
26FTFFRANKLIN LIMITED DURATION INCOhistory →COMMON0.76%$25M3.70M
27XNEAXNUVEEN AMT-FREE QUALITY MUNI Ihistory →COMMON0.76%$25M2.13M
28AMATAPPLIED MATERIALS INChistory →COMMON0.74%$24M268.9K
29COPCONOCOPHILLIPShistory →COMMON0.73%$24M266.0K
30PEPPEPSICO INChistory →COMMON0.70%$23M137.1K
31XWIAXWA INFLATION - LINKED SEC & INhistory →COMMON0.68%$22M2.27M
32WDIWESTERN ASSET DIVERSIFIED INChistory →COMMON0.66%$22M1.56M
33ABTABBOTT LABORATORIEShistory →COMMON0.66%$22M198.4K
34MDTMEDTRONIC PLChistory →COMMON0.65%$21M238.2K
35BLACKROCK INCOME TRUST INC BKTCOMMON0.65%$21M4.69M
36VVISA INChistory →COMMON0.64%$21M106.8K
37FMYFIRST TR MORTGAGE INCOME FD FMhistory →COMMON0.63%$21M1.78M
38UNPUNION PACIFIC CORPhistory →COMMON0.61%$20M93.4K
39AMTAMERICAN TOWER CORPhistory →REIT0.60%$20M77.4K
40NEENEXTERA ENERGY INChistory →COMMON0.58%$19M245.3K
41XJQCXNUVEEN CREDIT STRATEGIES INC Fhistory →COMMON0.57%$19M3.59M
42PTACOHEN & STEERS TAX ADVANTAGE Phistory →COMMON0.56%$19M972.1K
43HDHOME DEPOT INChistory →COMMON0.55%$18M66.0K
44XEGFXBLACKROCK ENHANCED GOVERNMENThistory →COMMON0.55%$18M1.72M
45SDHYPGIM SHORT DUR HI YLD SDHYhistory →COMMON0.55%$18M1.20M
46STZCONSTELLATION BRANDS INChistory →COMMON0.55%$18M77.0K
47AZNNASTRAZENECA PLC ADRhistory →DEPOSITARY RECEI0.53%$17M263.5K
48BGBBLACKSTONE STRAT CREDIT FD BGBhistory →COMMON0.52%$17M1.54M
49BCATBLACKROCK CAP ALLOCATION BCAThistory →COMMON0.52%$17M1.16M
50AMZNAMAZON.COM INChistory →COMMON0.51%$17M158.8K
51KTFDWS MUNICIPAL INCOME TRUST KTFhistory →COMMON0.50%$17M1.76M
52MCDMCDONALD'S CORPhistory →COMMON0.50%$16M66.4K
53TSITCW STRATEGIC INCOME FD TSIhistory →COMMON0.49%$16M3.34M
54TJXTJX COS INC/THEhistory →COMMON0.47%$16M278.7K
55JHSJOHN HANCOCK INCOME SECURITIEShistory →COMMON0.47%$15M1.35M
56CVSCVS HEALTH CORPhistory →COMMON0.47%$15M165.7K
57ORCLORACLE CORPhistory →COMMON0.45%$15M211.6K
58CSLCARLISLE COS INChistory →COMMON0.44%$15M60.9K
59JPCNUVEEN PREFERRED INCOME OPPORThistory →COMMON0.44%$14M1.88M
60GSGOLDMAN SACHS GROUP INC/THEhistory →COMMON0.44%$14M48.3K
61NOCNORTHROP GRUMMAN CORPhistory →COMMON0.44%$14M29.9K
62JGHNUVEEN GLOBAL HIGH INCOME FD Jhistory →COMMON0.43%$14M1.23M
63BAHBOOZ ALLEN HAMILTON HOLDING COhistory →COMMON0.43%$14M156.5K
64XEVGXEATON VANCE SHORT DUR DIVERSIFhistory →COMMON0.43%$14M1.31M
65FDXFEDEX CORPhistory →COMMON0.43%$14M62.2K
66AMPAMERIPRISE FINANCIAL INChistory →COMMON0.43%$14M59.3K
67BAXBAXTER INTERNATIONAL INChistory →COMMON0.43%$14M219.2K
68VBFINVESCO BOND FUND VBFhistory →COMMON0.43%$14M862.9K
69INTUINTUIT INChistory →COMMON0.42%$14M35.4K
70ADIANALOG DEVICES INChistory →COMMON0.41%$13M92.3K
71NVDANVIDIA CORPhistory →COMMON0.40%$13M87.4K
72MSMORGAN STANLEYhistory →COMMON0.40%$13M173.0K
73SIEGYSIEMENS AG ADRhistory →DEPOSITARY RECEI0.39%$13M253.2K
74OREALTY INCOME CORPhistory →REIT0.39%$13M188.7K
75RCSPIMCO STRATEGIC INCOME FUND RChistory →COMMON0.37%$12M2.39M
76EMOCLEARBRIDGE ENERGY MLP OPP FDhistory →COMMON0.37%$12M516.1K
77HCAHCA HEALTHCARE INChistory →COMMON0.37%$12M71.9K
78CPZCALAMOS LNG/SHRT EQ & DYN CPZhistory →COMMON0.36%$12M714.4K
79PGPROCTER & GAMBLE COhistory →COMMON0.35%$12M80.4K
80BGHBARINGS GLOBAL SHORT DUR HI YLhistory →COMMON0.35%$12M885.2K
81XMIOXPIONEER MUNI HIGH INC OPP MIOhistory →COMMON0.35%$11M941.1K
82ETRENTERGY CORP NEWhistory →COMMON0.34%$11M98.9K
83MDLZMONDELEZ INTERNATIONAL INChistory →COMMON0.34%$11M178.0K
84TEMPLETON GLOBAL INCOME FUND GCOMMON0.33%$11M2.47M
85ISDPGIM SHORT DURATION HI YLD FDhistory →COMMON0.33%$11M874.5K
86TE CONNECTIVITY LTDCOMMON0.33%$11M94.8K
87JACOBS ENGINEERING GROUP INCCOMMON0.32%$11M82.9K
88WMBWILLIAMS COS INC DELhistory →COMMON0.32%$10M333.9K
89XELXCEL ENERGY INChistory →COMMON0.32%$10M147.2K
90CRMSALESFORCE INChistory →COMMON0.31%$10M61.9K
91WEAWESTERN ASSET PREMIER BOND FUNhistory →COMMON0.31%$10M963.2K
92JPMJPMORGAN CHASE & COhistory →COMMON0.31%$10M89.3K
93DXCMDEXCOM INCCOMMON0.30%$10M133.8K
94ATLASSIAN CORP PLCCOMMON0.30%$10M52.1K
95MACQUARIE GLBL INFRASTRUCTURECOMMON0.29%$10M417.1K
96XFDEXFIRST TR DYNAMIC EUROPE EQ INCCOMMON0.29%$10M866.1K
97MYIBLACKROCK MUNIYIELD QUALITY FDCOMMON0.29%$9M795.5K
98EGEVEREST RE GROUP LTDCOMMON0.28%$9M33.3K
99APDAIR PRODUCTS & CHEMICALS INCCOMMON0.28%$9M38.7K
100IQIINVESCO QUALITY MUNICIPAL INCOCOMMON0.28%$9M911.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$4.9B501May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025REVEALED$5.1B512Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$4.9B516Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$4.7B524Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.3B522May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$4.4B530Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$4.5B540Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$4.3B533Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.3B523May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.1B535Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$3.6B532Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$3.8B546Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$3.7B534May 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 ↗.