SEC 13F Intelligence

Managers / Q3 2022 · view latest →

SIT INVESTMENT ASSOCIATES INC

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

Reported Value
$3.3B
Q3 2022
Positions
520
Filings on Record
32
2019–present window
Filed
Nov 10, 2022
original filing

Summary

Sit Investment Associates Inc reported $3.3B in U.S.-listed holdings across 520 positions for Q3 2022.

Its largest position, CLM, represents 5.0% of the portfolio.

Compared with Q2 2022, the fund opened 27 new positions and exited 22.

Portfolio Metrics

Turnover
+8.8%
vs prior filed quarter
Top-10 Concentration
+21.5%
share of reported value
Largest Position
+5.0%
Cornerstone Strategic Value Fd
New / Exited
27 / 22
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
Closed-End Fund: 47.3%Common Stock: 44.6%Other: 4.8%ADR: 2.1%REIT: 1.1%Other: 0.1%
  • Closed-End Fund · 47.3% · $1.6B
  • Common Stock · 44.6% · $1.5B
  • Other · 4.8% · $162M
  • ADR · 2.1% · $71M
  • REIT · 1.1% · $36M
  • Other · 0.1% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TEAMATLASSIAN CORP PLCNEW+52.1K52.1K+$11M$11M
JJACOBS SOLUTIONS INCNEW+62.1K62.1K+$7M$7M
RGAREINSURANCE GROUP OF AMERICA INEW+53.3K53.3K+$7M$7M
VGIVIRTUS GLOBAL MULTI-SECTOR INCNEW+520.2K520.2K+$4M$4M
XHITXINVESCO HIGH INC 2023 TARGET TNEW+407.2K407.2K+$3M$3M
SALEIAN MLP & ENERGY INFRA FDNEW+396.4K396.4K+$3M$3M
HYTBLACKROCK CORP HIGH YIELD FD HNEW+236.2K236.2K+$2M$2M
XTTPXTORTOISE PIPELINE & ENERGY TTPNEW+80.7K80.7K+$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 2022

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CLMCORNERSTONE STRATEGIC VALUE FDhistory →COMMON4.99%$167M19.47M
2AAPLAPPLE INChistory →COMMON2.79%$93M676.2K
3MSFTMICROSOFT CORPhistory →COMMON2.47%$83M355.2K
4WIWWA INFLATION-LINKED OPP & INChistory →COMMON1.83%$61M6.77M
5PPTPUTNAM PREMIER INCOME TRUST PPhistory →COMMON1.74%$58M16.30M
6PIMPUTNAM MASTER INTERMEDIATE INChistory →COMMON1.65%$55M17.03M
7CRFCORNERSTONE TOTAL RETURN FD CRhistory →COMMON1.62%$54M6.68M
8MFS INTERMEDIATE INCOME TRUSTCOMMON1.57%$52M18.68M
9XEVVXEATON VANCE LIMITED DURATION Ihistory →COMMON1.49%$50M5.40M
10BTZBLACKROCK CREDIT ALLOCATION INhistory →COMMON1.36%$46M4.77M
11GOOGLALPHABET INC - CL ACOMMON1.32%$44M461.3K
12XNEAXNUVEEN AMT-FREE QUALITY MUNI Ihistory →COMMON1.25%$42M3.96M
13AVGOBROADCOM INChistory →COMMON1.19%$40M89.4K
14DBLDOUBLELINE OPP CREDIT FD DBLhistory →COMMON1.11%$37M2.57M
15NUVEEN PREFERRED & INCOME SECCOMMON1.05%$35M5.36M
16ZTRVIRTUS TOTAL RETURN FUND INC Zhistory →COMMON1.05%$35M5.64M
17UNHUNITEDHEALTH GROUP INChistory →COMMON1.03%$34M68.2K
18JNJJOHNSON & JOHNSONhistory →COMMON0.96%$32M196.2K
19KTFDWS MUNICIPAL INCOME TRUST KTFhistory →COMMON0.86%$29M3.46M
20NADNUVEEN QUALITY MUNICIPAL INC Fhistory →COMMON0.84%$28M2.54M
21XAXCXINVESCO DYNAMIC CREDIT OPP FDhistory →COMMON0.83%$28M2.43M
22OPPRIVERNORTH DOUBLELINE STR OPPhistory →COMMON0.82%$28M3.00M
23XXINSIXXINSIGHT SELECT INCOME FD INSIhistory →COMMON0.82%$27M1.78M
24COPCONOCOPHILLIPShistory →COMMON0.82%$27M267.1K
25BLACKROCK INCOME TRUST INC BKTCOMMON0.78%$26M6.30M
26JLSNUVEEN MORTGAGE & INCOME FD JLhistory →COMMON0.78%$26M1.61M
27CBCHUBB LTDhistory →COMMON0.77%$26M142.4K
28JMMNUVEEN MULTI-MARKET INC FD JMMhistory →COMMON0.73%$25M4.17M
29TMOTHERMO FISHER SCIENTIFIC INChistory →COMMON0.72%$24M47.4K
30FTFFRANKLIN LIMITED DURATION INCOhistory →COMMON0.72%$24M3.88M
31GHYPGIM GLOBAL SHORT DURATION HIGhistory →COMMON0.70%$23M2.20M
32ACNACCENTURE PLC CL Ahistory →COMMON0.69%$23M89.8K
33XWIAXWA INFLATION - LINKED SEC & INhistory →COMMON0.66%$22M2.48M
34PEPPEPSICO INChistory →COMMON0.66%$22M134.6K
35WDIWESTERN ASSET DIVERSIFIED INChistory →COMMON0.64%$22M1.71M
36FMYFIRST TR MORTGAGE INCOME FD FMhistory →COMMON0.64%$21M1.89M
37AMATAPPLIED MATERIALS INChistory →COMMON0.62%$21M255.1K
38BCATBLACKROCK CAP ALLOCATION BCAThistory →COMMON0.61%$20M1.49M
39PTACOHEN & STEERS TAX ADVANTAGE Phistory →COMMON0.59%$20M1.10M
40TSITCW STRATEGIC INCOME FD TSIhistory →COMMON0.59%$20M4.19M
41MDTMEDTRONIC PLChistory →COMMON0.57%$19M235.3K
42UNPUNION PACIFIC CORPhistory →COMMON0.56%$19M96.4K
43ABTABBOTT LABORATORIEShistory →COMMON0.56%$19M193.4K
44STZCONSTELLATION BRANDS INChistory →COMMON0.54%$18M79.1K
45VVISA INChistory →COMMON0.54%$18M101.5K
46AMZNAMAZON.COM INChistory →COMMON0.54%$18M159.3K
47HDHOME DEPOT INChistory →COMMON0.53%$18M64.8K
48SDHYPGIM SHORT DUR HI YLD SDHYhistory →COMMON0.52%$17M1.20M
49NEENEXTERA ENERGY INChistory →COMMON0.51%$17M219.2K
50JHSJOHN HANCOCK INCOME SECURITIEShistory →COMMON0.51%$17M1.60M
51XEGFXBLACKROCK ENHANCED GOVERNMENThistory →COMMON0.50%$17M1.76M
52FINSANGEL OAK FINANCIAL STRAT INChistory →COMMON0.49%$16M1.23M
53TJXTJX COS INC/THEhistory →COMMON0.49%$16M263.1K
54BGBBLACKSTONE STRAT CREDIT FD BGBhistory →COMMON0.48%$16M1.51M
55DELAWARE IVY HIGH INC OPP FD ICOMMON0.48%$16M1.58M
56VGMINVESCO TRUST FOR INV GRADE MUhistory →COMMON0.47%$16M1.70M
57XJQCXNUVEEN CREDIT STRATEGIES INC Fhistory →COMMON0.46%$15M3.03M
58CVSCVS HEALTH CORPhistory →COMMON0.45%$15M158.9K
59AZNNASTRAZENECA PLC ADRhistory →DEPOSITARY RECEI0.45%$15M276.0K
60VBFINVESCO BOND FUND VBFhistory →COMMON0.45%$15M1.04M
61MCDMCDONALD'S CORPhistory →COMMON0.44%$15M63.6K
62AMPAMERIPRISE FINANCIAL INChistory →COMMON0.43%$14M56.6K
63VKQINVESCO MUNICIPAL TRUST VKQhistory →COMMON0.43%$14M1.56M
64AMTAMERICAN TOWER CORPhistory →REIT0.42%$14M65.2K
65INTUINTUIT INChistory →COMMON0.41%$14M35.7K
66CSLCARLISLE COS INChistory →COMMON0.41%$14M49.2K
67BAHBOOZ ALLEN HAMILTON HOLDING COhistory →COMMON0.41%$14M147.5K
68JPCNUVEEN PREFERRED INCOME OPPORThistory →COMMON0.40%$13M1.93M
69HCAHCA HEALTHCARE INChistory →COMMON0.39%$13M71.2K
70JGHNUVEEN GLOBAL HIGH INCOME FD Jhistory →COMMON0.39%$13M1.23M
71NOCNORTHROP GRUMMAN CORPhistory →COMMON0.39%$13M27.5K
72ORCLORACLE CORPhistory →COMMON0.38%$13M208.9K
73ADIANALOG DEVICES INChistory →COMMON0.36%$12M86.7K
74XMIOXPIONEER MUNI HIGH INC OPP MIOhistory →COMMON0.36%$12M1.19M
75TEMPLETON GLOBAL INCOME FUND GCOMMON0.36%$12M2.97M
76CPZCALAMOS LNG/SHRT EQ & DYN CPZhistory →COMMON0.35%$12M792.2K
77RCSPIMCO STRATEGIC INCOME FUND RChistory →COMMON0.35%$12M2.49M
78MFS GOVERNMENT MARKETS INCOMECOMMON0.35%$12M3.56M
79SIEGYSIEMENS AG ADRhistory →DEPOSITARY RECEI0.35%$12M236.2K
80XNXJXNUVEEN NJ QUALITY MUNI INC FDhistory →COMMON0.35%$12M1.05M
81MSMORGAN STANLEYhistory →COMMON0.34%$12M145.6K
82OREALTY INCOME CORPhistory →REIT0.34%$11M197.3K
83WEAWESTERN ASSET PREMIER BOND FUNhistory →COMMON0.34%$11M1.16M
84XFDEXFIRST TR DYNAMIC EUROPE EQ INChistory →COMMON0.33%$11M1.17M
85BGHBARINGS GLOBAL SHORT DUR HI YLhistory →COMMON0.33%$11M905.2K
86TEAMATLASSIAN CORP PLChistory →COMMON0.33%$11M52.1K
87WMBWILLIAMS COS INC DELhistory →COMMON0.33%$11M380.5K
88XEVGXEATON VANCE SHORT DUR DIVERSIFhistory →COMMON0.32%$11M1.11M
89GSGOLDMAN SACHS GROUP INC/THEhistory →COMMON0.32%$11M37.0K
90ISDPGIM SHORT DURATION HI YLD FDhistory →COMMON0.32%$11M930.9K
91DXCMDEXCOM INChistory →COMMON0.32%$11M133.1K
92MDLZMONDELEZ INTERNATIONAL INChistory →COMMON0.32%$11M194.8K
93VPVINVESCO PA VALUE MUNI INC TR Vhistory →COMMON0.32%$11M1.10M
94PGPROCTER & GAMBLE COhistory →COMMON0.32%$11M83.9K
95NVDANVIDIA CORPhistory →COMMON0.32%$11M86.9K
96BMYBRISTOL-MYERS SQUIBB COhistory →COMMON0.31%$11M147.9K
97APDAIR PRODUCTS & CHEMICALS INChistory →COMMON0.31%$10M43.9K
98TE CONNECTIVITY LTDCOMMON0.30%$10M92.0K
99LNGCHENIERE ENERGY INCCOMMON0.30%$10M59.6K
100ETRENTERGY CORP NEWCOMMON0.29%$10M97.2K

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 ↗.