SEC 13F Intelligence

Managers / Q1 2024 · view latest →

SIT INVESTMENT ASSOCIATES INC

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

Reported Value
$4M
Q1 2024
Positions
523
Filings on Record
32
2019–present window
Filed
May 14, 2024
original filing

Summary

Sit Investment Associates Inc reported $4M in U.S.-listed holdings across 523 positions for Q1 2024.

Its largest position, MSFT, represents 3.2% of the portfolio.

Compared with Q4 2023, the fund opened 20 new positions and exited 32.

Portfolio Metrics

Turnover
+8.1%
vs prior filed quarter
Top-10 Concentration
+18.0%
share of reported value
Largest Position
+3.2%
Microsoft
New / Exited
20 / 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: $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: 49.4%Common Stock: 42.5%Other: 5.3%ADR: 2.3%REIT: 0.4%Other: 0.1%
  • Closed-End Fund · 49.4% · $2M
  • Common Stock · 42.5% · $2M
  • Other · 5.3% · $230,114
  • ADR · 2.3% · $101,263
  • REIT · 0.4% · $17,092
  • Other · 0.1% · $4,156

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XAXCXINVESCO DYNAMIC CREDIT OPP FDNEW+1.26M1.26M+$13,924$13,924
TRVCCITIGROUP INCNEW+129.2K129.2K+$8,167$8,167
BACVERIZON COMMUNICATIONS INCNEW+193.9K193.9K+$8,138$8,138
PPGPPG INDUSTRIES INCNEW+49.0K49.0K+$7,098$7,098
DELLDELL TECHNOLOGIES INCNEW+59.7K59.7K+$6,815$6,815
ADXADAMS DIVERSIFIED EQUITY ADXNEW+312.6K312.6K+$6,103$6,103
LHXL3HARRIS TECHNOLOGIES INCNEW+27.1K27.1K+$5,765$5,765
INVHINVITATION HOMES INCNEW+118.1K118.1K+$4,205$4,205

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

Holdings — Q1 2024

496 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COMMON3.17%$137,781327.5K
2AAPLAPPLE INChistory →COMMON2.25%$97,661569.5K
3AVGOBROADCOM INChistory →COMMON2.02%$87,82066.3K
4NVDANVIDIA CORPhistory →COMMON1.98%$86,12395.3K
5PUTNAM PREMIER INCOME TRUST PPCOMMON1.65%$71,94120.44M
6PUTNAM MASTER INTERMEDIATE INCCOMMON1.61%$70,10221.91M
7GOOGLALPHABET INC - CL ACOMMON1.35%$58,888389.3K
8MFS INTERMEDIATE INCOME TRUSTCOMMON1.34%$58,45921.98M
9BTZBLACKROCK CREDIT ALLOCATION INhistory →COMMON1.31%$57,0855.34M
10BLACKROCK TAXABLE MUNI BOND TRCOMMON1.27%$55,0503.37M
11KTFDWS MUNICIPAL INCOME TRUST KTFhistory →COMMON1.19%$51,6225.72M
12XEVVXEATON VANCE LIMITED DURATION Ihistory →COMMON1.14%$49,5805.09M
13NUVEEN PREFERRED INCOME OPPORTCOMMON1.09%$47,3016.58M
14XNEAXNUVEEN AMT-FREE QUALITY MUNI Ihistory →COMMON1.08%$46,8734.23M
15NBBNUVEEN BUILD AMERICA BOND FD Nhistory →COMMON1.06%$46,3043.02M
16DOUBLELINE OPP CREDIT FD DBLCOMMON0.98%$42,6462.77M
17BLACKROCK INNOV & GRW TRM TR BCOMMON0.96%$41,7905.13M
18XXINSIXXINSIGHT SELECT INCOME FD INSICOMMON0.96%$41,6482.53M
19CLMCORNERSTONE STRATEGIC VALUE FDCOMMON0.95%$41,4895.52M
20UNHUNITEDHEALTH GROUP INCCOMMON0.95%$41,33683.6K
21AMATAPPLIED MATERIALS INCCOMMON0.93%$40,304195.4K
22ECATBLACKROCK ESG CAPITAL ALLOC TRCOMMON0.89%$38,8462.24M
23AMZNAMAZON.COM INCCOMMON0.84%$36,680203.3K
24EMOCLEARBRIDGE ENERGY MIDSTREAM OCOMMON0.84%$36,395896.2K
25NADNUVEEN QUALITY MUNICIPAL INC FCOMMON0.83%$36,2553.16M
26TSITCW STRATEGIC INCOME FD TSICOMMON0.83%$35,9187.47M
27NUVEEN MULTI-MARKET INC FD JMMCOMMON0.75%$32,7065.37M
28JPMJPMORGAN CHASE & COCOMMON0.72%$31,487157.2K
29CHUBB LTDCOMMON0.72%$31,366121.0K
30XMUIXBLACKROCK MUNICIPAL INCOME FDCOMMON0.71%$31,0542.57M
31BKTBLACKROCK INCOME TR INC BKTCOMMON0.70%$30,4212.56M
32ACCENTURE PLC CL ACOMMON0.69%$30,19487.1K
33JHSJOHN HANCOCK INCOME SECURITIESCOMMON0.67%$29,2382.62M
34JLSNUVEEN MORTGAGE & INCOME FD JLCOMMON0.67%$29,1641.64M
35NUVEEN AMT-FREE MUNI CREDIT INCOMMON0.67%$29,1072.40M
36ANGEL OAK FINANCIAL STRAT INCCOMMON0.67%$28,9532.32M
37BLACKROCK MUNIHOLDINGS CA MUCCOMMON0.67%$28,9422.63M
38EATON VANCE MUNICIPAL BOND FUNCOMMON0.64%$27,8452.69M
39FMYFIRST TR MORTGAGE INCOME FD FMCOMMON0.64%$27,6952.27M
40EATON VANCE CA MUNICIPAL BONDCOMMON0.63%$27,3012.89M
41BLACKROCK HLTH SCI TRM TR BMEZCOMMON0.63%$27,2531.66M
42INVESCO MUNICIPAL OPPORTUNITYCOMMON0.62%$27,0072.78M
43COPCONOCOPHILLIPSCOMMON0.61%$26,445207.8K
44NUVEEN NJ QUALITY MUNI INC FDCOMMON0.60%$25,9592.15M
45MILLER HOWARD HIGH INC EQ HIECOMMON0.59%$25,7932.33M
46VVISA INCCOMMON0.57%$24,71288.5K
47HDHOME DEPOT INCCOMMON0.56%$24,42963.7K
48INVESCO PA VALUE MUNI INC TR VCOMMON0.56%$24,1902.36M
49PIONEER MUNI HIGH INC OPP MIOCOMMON0.55%$24,0232.12M
50MFS GOVERNMENT MARKETS INCOMECOMMON0.55%$23,9247.48M
51INVESCO TRUST FOR INV GRADE MUCOMMON0.55%$23,9042.42M
52NUVEEN PA QUALITY MUNI INC FDCOMMON0.55%$23,8122.01M
53PEPPEPSICO INCCOMMON0.53%$22,987131.3K
54JNJJOHNSON & JOHNSONCOMMON0.52%$22,634143.1K
55FSCOFS CREDIT OPPORTUNITIES FD FSCOMMON0.51%$22,1323.73M
56UNPUNION PACIFIC CORPCOMMON0.51%$22,11289.9K
57CLEARBRIDGE MLP AND MIDSTREAMCOMMON0.50%$21,683499.3K
58NUVEEN VAR RT PREF & INC NPFDCOMMON0.50%$21,6081.21M
59INTUINTUIT INCCOMMON0.49%$21,26832.7K
60ABTABBOTT LABORATORIESCOMMON0.48%$20,998184.7K
61ZTRVIRTUS TOTAL RETURN FUND INC ZCOMMON0.48%$20,9263.76M
62NRGXEURPIMCO DYNAMIC INCOME STRGY PDXCOMMON0.48%$20,864983.7K
63FDXFEDEX CORPCOMMON0.48%$20,82671.9K
64TJXTJX COS INC/THECOMMON0.48%$20,789205.0K
65XENWXEATON VANCE NEW YORK MUNI ENXCOMMON0.47%$20,6262.12M
66ADBEADOBE INCCOMMON0.46%$20,03039.7K
67ANETEURARISTA NETWORKS INCCOMMON0.44%$19,15166.0K
68GSGOLDMAN SACHS GROUP INC/THECOMMON0.43%$18,57044.5K
69CRMSALESFORCE INCCOMMON0.42%$18,20960.5K
70NMAINUVEEN MULTI ASSET INCOME NMACOMMON0.42%$18,1181.46M
71VKQINVESCO MUNICIPAL TRUST VKQCOMMON0.42%$18,0851.86M
72HYIWESTERN ASSET HGH YLD DFN FD HCOMMON0.41%$17,9481.50M
73AZNNASTRAZENECA PLC ADRDEPOSITARY RECEI0.41%$17,773262.3K
74DC4DEXCOM INCCOMMON0.41%$17,736127.9K
75HONGBPHONEYWELL INTERNATIONAL INCCOMMON0.40%$17,45785.0K
76A4SAMERIPRISE FINANCIAL INCCOMMON0.40%$17,44839.8K
77VTNUSDINVESCO TR FOR INV GRADE NY MUCOMMON0.40%$17,3441.61M
78EXMOCEXXON MOBIL CORPCOMMON0.40%$17,292148.8K
79BLACKROCK ENHANCED GOVERNMENTCOMMON0.39%$17,0391.80M
80SIEBSIEMENS AG ADRDEPOSITARY RECEI0.38%$16,704175.0K
81ORCLORACLE CORPCOMMON0.38%$16,496131.3K
82MCDMCDONALD'S CORPCOMMON0.37%$16,21757.5K
83PIONEER MUNI HIGH INCOME TRUSTCOMMON0.37%$16,0391.81M
84TMOTHERMO FISHER SCIENTIFIC INCCOMMON0.37%$15,98027.5K
85WESTERN ASSET INV GRA DEF OPPCOMMON0.36%$15,643904.7K
86NPCTNUVEEN CORE PLUS IMPACT FUND NCOMMON0.35%$15,3941.49M
87BAHBOOZ ALLEN HAMILTON HOLDING COCOMMON0.34%$14,938100.6K
88METAMETA PLATFORMS INC CLASS ACOMMON0.34%$14,72530.3K
89NUVEEN MUNICIPAL CREDIT INC FDCOMMON0.34%$14,6321.20M
90WA GLOBAL CORPORATE DEFINED OPCOMMON0.33%$14,3291.15M
91MDLZMONDELEZ INTERNATIONAL INCCOMMON0.33%$14,217203.1K
92NUVEEN NY AMT-FREE MUNICIPAL ICOMMON0.32%$14,0351.29M
93XAXCXINVESCO DYNAMIC CREDIT OPP FDCOMMON0.32%$13,9241.26M
94GILDGILEAD SCIENCES INCCOMMON0.32%$13,710187.2K
95XEVGXEATON VANCE SHORT DUR DIVERSIFCOMMON0.30%$13,2581.26M
96GDGENERAL DYNAMICS CORPCOMMON0.30%$13,23246.8K
97TE CONNECTIVITY LTDCOMMON0.30%$12,99689.5K
98BLACKROCK CA MUNICIPAL INCOMECOMMON0.29%$12,6941.07M
99RGAREINSURANCE GROUP OF AMERICA ICOMMON0.29%$12,66565.7K
100ICEINTERCONTINENTAL EXCHANGE INCCOMMON0.28%$12,33089.7K

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 ↗.