SEC 13F Intelligence

Managers / Q3 2024 · view latest →

SIT INVESTMENT ASSOCIATES INC

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

Reported Value
$4M
Q3 2024
Positions
540
Filings on Record
32
2019–present window
Filed
Nov 13, 2024
original filing

Summary

Sit Investment Associates Inc reported $4M in U.S.-listed holdings across 540 positions for Q3 2024.

Its largest position, MSFT, represents 3.1% of the portfolio.

Compared with Q2 2024, the fund opened 42 new positions and exited 35.

Portfolio Metrics

Turnover
+9.8%
vs prior filed quarter
Top-10 Concentration
+20.4%
share of reported value
Largest Position
+3.1%
Microsoft
New / Exited
42 / 35
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: 48.1%Common Stock: 44.6%Other: 4.6%ADR: 2.2%REIT: 0.4%Other: 0.1%
  • Closed-End Fund · 48.1% · $2M
  • Common Stock · 44.6% · $2M
  • Other · 4.6% · $207,659
  • ADR · 2.2% · $98,231
  • REIT · 0.4% · $18,919
  • Other · 0.1% · $3,806

Quarter-over-Quarter Changes full breakdown →

vs Q2 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TE CONNECTIVITY LTDNEW+93.9K93.9K+$14,178$14,178
XGDVXGABELLI DIVD & INCOME TR GDVNEW+442.3K442.3K+$10,815$10,815
GENERAL AMERICAN INVESTORS CONEW+175.9K175.9K+$9,427$9,427
CHRWCH ROBINSON WORLDWIDE INCNEW+68.4K68.4K+$7,549$7,549
FITBFIFTH THIRD BANCORPNEW+143.7K143.7K+$6,155$6,155
ACPABERDEEN INC CREDIT STRATEGIESNEW+747.4K747.4K+$4,948$4,948
TORTOISE PWR & ENERGY INF TPZNEW+196.7K196.7K+$3,562$3,562
ACHCACADIA HEALTHCARE CO INCNEW+49.7K49.7K+$3,151$3,151

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

Holdings — Q3 2024

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COMMON3.12%$139,727324.7K
2AAPLAPPLE INChistory →COMMON2.89%$129,548556.0K
3NVDANVIDIA CORPhistory →COMMON2.72%$121,6821.00M
4AVGOBROADCOM INChistory →COMMON2.20%$98,361570.2K
5KTFDWS MUNICIPAL INCOME TRUST KTFhistory →COMMON1.90%$85,1188.54M
6PUTNAM MASTER INTERMEDIATE INCCOMMON1.72%$77,16122.76M
7PUTNAM PREMIER INCOME TRUST PPCOMMON1.68%$75,30020.19M
8GOOGLALPHABET INC - CL ACOMMON1.49%$66,619400.9K
9MFS INTERMEDIATE INCOME TRUSTCOMMON1.38%$61,77022.71M
10NBBNUVEEN BUILD AMERICA BOND FD Nhistory →COMMON1.31%$58,6253.53M
11BLACKROCK TAXABLE MUNI BOND TRCOMMON1.30%$58,1303.26M
12BTZBLACKROCK CREDIT ALLOCATION INhistory →COMMON1.25%$55,8074.95M
13XEVVXEATON VANCE LIMITED DURATION Ihistory →COMMON1.19%$53,4465.09M
14AMZNAMAZON.COM INChistory →COMMON1.07%$48,052257.9K
15XNEAXNUVEEN AMT-FREE QUALITY MUNI Ihistory →COMMON1.03%$46,1063.85M
16XXINSIXXINSIGHT SELECT INCOME FD INSICOMMON0.99%$44,2002.50M
17DOUBLELINE OPP CREDIT FD DBLCOMMON0.97%$43,5052.75M
18ANGEL OAK FINANCIAL STRAT INCCOMMON0.97%$43,3623.28M
19NUVEEN PREFERRED INCOME OPPORTCOMMON0.94%$42,2025.23M
20UNHUNITEDHEALTH GROUP INCCOMMON0.92%$41,19670.5K
21NADNUVEEN QUALITY MUNICIPAL INC FCOMMON0.86%$38,4313.10M
22NRGXEURPIMCO DYNAMIC INCOME STRGY PDXCOMMON0.84%$37,6991.60M
23TSITCW STRATEGIC INCOME FD TSICOMMON0.79%$35,2106.86M
24BLACKROCK INNOV & GRW TRM TR BCOMMON0.77%$34,4334.56M
25AMATAPPLIED MATERIALS INCCOMMON0.77%$34,355170.0K
26NUVEEN MULTI-MARKET INC FD JMMCOMMON0.76%$34,2325.38M
27METAMETA PLATFORMS INC CLASS ACOMMON0.76%$33,95359.3K
28CHUBB LTDCOMMON0.75%$33,503116.2K
29MILLER HOWARD HIGH INC EQ HIECOMMON0.73%$32,8222.69M
30FSCOFS CREDIT OPPORTUNITIES FD FSCOMMON0.72%$32,1695.07M
31JHSJOHN HANCOCK INCOME SECURITIESCOMMON0.70%$31,2482.69M
32EATON VANCE CA MUNICIPAL BONDCOMMON0.66%$29,5143.06M
33JLSNUVEEN MORTGAGE & INCOME FD JLCOMMON0.65%$29,0621.58M
34ACCENTURE PLC CL ACOMMON0.65%$29,02582.1K
35INVESCO PA VALUE MUNI INC TR VCOMMON0.64%$28,8372.55M
36PIONEER MUNI HIGH INC OPP MIOCOMMON0.64%$28,8282.32M
37FMYFIRST TR MORTGAGE INCOME FD FMCOMMON0.63%$28,1322.25M
38ECATBLACKROCK ESG CAPITAL ALLOC TRCOMMON0.61%$27,5291.55M
39BKTBLACKROCK INCOME TR INC BKTCOMMON0.61%$27,1462.18M
40NUVEEN PA QUALITY MUNI INC FDCOMMON0.59%$26,6132.11M
41NUVEEN VAR RT PREF & INC NPFDCOMMON0.59%$26,5941.40M
42MFS GOVERNMENT MARKETS INCOMECOMMON0.59%$26,4357.99M
43NUVEEN NJ QUALITY MUNI INC FDCOMMON0.59%$26,4112.03M
44INVESCO TRUST FOR INV GRADE MUCOMMON0.59%$26,3142.49M
45JPMJPMORGAN CHASE & COCOMMON0.58%$26,120123.9K
46HDHOME DEPOT INCCOMMON0.58%$25,86663.8K
47ANETEURARISTA NETWORKS INCCOMMON0.58%$25,77867.2K
48BLACKROCK HLTH SCI TRM TR BMEZCOMMON0.57%$25,3301.60M
49COPCONOCOPHILLIPSCOMMON0.56%$25,052238.0K
50ADBEADOBE INCCOMMON0.53%$23,95446.3K
51BLACKROCK MUNIHOLDINGS CA MUCCOMMON0.52%$23,3792.03M
52UNPUNION PACIFIC CORPCOMMON0.52%$23,26894.4K
53LLYELI LILLY & COCOMMON0.52%$23,21226.2K
54VVISA INCCOMMON0.51%$23,00983.7K
55NEW AMERICA HIGH INC FD HYBCOMMON0.50%$22,3342.68M
56VTNUSDINVESCO TR FOR INV GRADE NY MUCOMMON0.50%$22,2721.93M
57NUVEEN AMT-FREE MUNI CREDIT INCOMMON0.49%$21,8681.63M
58XENWXEATON VANCE NEW YORK MUNI ENXCOMMON0.49%$21,7612.18M
59GSGOLDMAN SACHS GROUP INC/THECOMMON0.47%$20,94142.3K
60TJXTJX COS INC/THECOMMON0.47%$20,897177.8K
61PEPPEPSICO INCCOMMON0.46%$20,386119.9K
62ABTABBOTT LABORATORIESCOMMON0.45%$20,298178.0K
63ORCLORACLE CORPCOMMON0.44%$19,683115.5K
64PIONEER MUNI HIGH INCOME TRUSTCOMMON0.44%$19,6112.04M
65NYLI MACKAY DEF TERM MUNI OPPCOMMON0.43%$19,4631.15M
66AZNNASTRAZENECA PLC ADRDEPOSITARY RECEI0.42%$18,691239.9K
67VKQINVESCO MUNICIPAL TRUST VKQCOMMON0.42%$18,5941.81M
68BLACKROCK ENHANCED GOVERNMENTCOMMON0.41%$18,4601.85M
69HYIWESTERN ASSET HGH YLD DFN FD HCOMMON0.41%$18,4331.49M
70MCDMCDONALD'S CORPCOMMON0.41%$18,28660.0K
71HONGBPHONEYWELL INTERNATIONAL INCCOMMON0.40%$17,98187.0K
72XPMAXPIONEER MUNICIPAL HIGH INC MAVCOMMON0.38%$16,8341.90M
73CRMSALESFORCE INCCOMMON0.37%$16,75461.2K
74BNYM MUNI INCOME INC DMFCOMMON0.37%$16,4932.26M
75TMOTHERMO FISHER SCIENTIFIC INCCOMMON0.37%$16,38026.5K
76ABBVABBVIE INCCOMMON0.36%$16,28482.5K
77WA GLOBAL CORPORATE DEFINED OPCOMMON0.36%$16,0241.25M
78WESTERN ASSET INV GRA DEF OPPCOMMON0.36%$15,953886.3K
79INTUINTUIT INCCOMMON0.35%$15,89025.6K
80INVESCO MUNICIPAL OPPORTUNITYCOMMON0.34%$15,3271.49M
81MPWRMONOLITHIC POWER SYSTEMS INCCOMMON0.34%$15,26316.5K
82NBHNEUBERGER BERMAN INTERMEDIATECOMMON0.34%$15,1461.36M
83GDGENERAL DYNAMICS CORPCOMMON0.34%$15,11850.0K
84BNY MELLON ALCENTRA GLOBAL CRECOMMON0.34%$15,0471.64M
85FDXFEDEX CORPCOMMON0.32%$14,24852.1K
86TE CONNECTIVITY LTDCOMMON0.32%$14,17893.9K
87CPZCALAMOS LNG/SHRT EQ & DYN CPZCOMMON0.31%$13,782878.5K
88NBXGNEUBERGER BERMAN NEXT GEN FDCOMMON0.30%$13,4001.04M
89ICEINTERCONTINENTAL EXCHANGE INCCOMMON0.30%$13,36483.2K
90GLOCLOUGH GLOBAL OPP FD GLOCOMMON0.29%$13,1882.42M
91LINDE PLCCOMMON0.29%$13,04127.3K
92NEENEXTERA ENERGY INCCOMMON0.29%$12,949153.2K
93LNGCHENIERE ENERGY INCCOMMON0.29%$12,81271.2K
94VGIVIRTUS GLOBAL MULTI-SECTOR INCCOMMON0.28%$12,7661.58M
95EATON CORP PLCCOMMON0.28%$12,70438.3K
96BAHBOOZ ALLEN HAMILTON HOLDING COCOMMON0.28%$12,67577.9K
97NOWSERVICENOW INCCOMMON0.28%$12,57614.1K
98NPCTNUVEEN CORE PLUS IMPACT FUND NCOMMON0.28%$12,5731.06M
99NUVEEN NY AMT-FREE MUNICIPAL ICOMMON0.27%$12,2571.09M
100WMBWILLIAMS COS INC DELCOMMON0.27%$12,254268.4K

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 ↗.