SEC 13F Intelligence

Managers / Q4 2024 · view latest →

SIT INVESTMENT ASSOCIATES INC

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

Reported Value
$4M
Q4 2024
Positions
530
Filings on Record
32
2019–present window
Filed
Feb 13, 2025
original filing

Summary

Sit Investment Associates Inc reported $4M in U.S.-listed holdings across 530 positions for Q4 2024.

Its largest position, MSFT, represents 2.9% of the portfolio.

Compared with Q3 2024, the fund opened 22 new positions and exited 32.

Portfolio Metrics

Turnover
+11.7%
vs prior filed quarter
Top-10 Concentration
+21.2%
share of reported value
Largest Position
+2.9%
Microsoft
New / Exited
22 / 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: 48.3%Common Stock: 44.9%Other: 4.6%ADR: 1.8%REIT: 0.3%Other: 0.1%
  • Closed-End Fund · 48.3% · $2M
  • Common Stock · 44.9% · $2M
  • Other · 4.6% · $202,734
  • ADR · 1.8% · $77,374
  • REIT · 0.3% · $14,272
  • Other · 0.1% · $5,010

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ANETARISTA NETWORKS INCNEW+264.0K264.0K+$29,184$29,184
CSXCSX CORPNEW+315.4K315.4K+$10,179$10,179
GUTGABELLI UTILITY TRUST GUTNEW+1.49M1.49M+$7,493$7,493
DTFDTF TAX-FREE INCOME INC DTFNEW+619.4K619.4K+$6,946$6,946
METMETLIFE INCNEW+62.9K62.9K+$5,151$5,151
ZTRVIRTUS TOTAL RETURN FUND INC ZNEW+846.9K846.9K+$4,963$4,963
XFFCXFLAHERTY & CRUMRINE PFD SEC INNEW+274.3K274.3K+$4,260$4,260
IOTSAMSARA, INC. CLASS ANEW+79.4K79.4K+$3,469$3,469

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

Holdings — Q4 2024

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COMMON2.90%$127,920303.5K
2AAPLAPPLE INChistory →COMMON2.86%$126,101503.6K
3NVDANVIDIA CORPhistory →COMMON2.73%$120,080894.2K
4AVGOBROADCOM INChistory →COMMON2.68%$118,200509.8K
5KTFDWS MUNICIPAL INCOME TRUST KTFhistory →COMMON1.93%$84,8358.98M
6PUTNAM PREMIER INCOME TRUST PPCOMMON1.77%$77,88221.88M
7PUTNAM MASTER INTERMEDIATE INCCOMMON1.70%$74,92922.98M
8BLACKROCK TAXABLE MUNI BOND TRCOMMON1.60%$70,5034.37M
9GOOGLALPHABET INC - CL ACOMMON1.59%$70,279370.7K
10ANGEL OAK FINANCIAL STRAT INCCOMMON1.49%$65,5015.16M
11MFS INTERMEDIATE INCOME TRUSTCOMMON1.46%$64,46024.23M
12NBBNUVEEN BUILD AMERICA BOND FD Nhistory →COMMON1.26%$55,3633.70M
13BTZBLACKROCK CREDIT ALLOCATION INhistory →COMMON1.23%$53,9885.16M
14AMZNAMAZON.COM INChistory →COMMON1.21%$53,312243.0K
15ADVENT CLAYMORE CV SEC AND INCCOMMON1.16%$51,2594.36M
16XEVVXEATON VANCE LIMITED DURATION Ihistory →COMMON1.14%$50,2905.15M
17DOUBLELINE OPP CREDIT FD DBLCOMMON1.03%$45,5872.94M
18XXINSIXXINSIGHT SELECT INCOME FD INSICOMMON0.98%$43,0152.48M
19METAMETA PLATFORMS INC CLASS ACOMMON0.86%$38,03265.0K
20NUVEEN PREFERRED INCOME OPPORTCOMMON0.85%$37,3194.75M
21NUVEEN VAR RT PREF & INC NPFDCOMMON0.80%$35,0521.92M
22FSCOFS CREDIT OPPORTUNITIES FD FSCOMMON0.78%$34,3405.04M
23NUVEEN MULTI-MARKET INC FD JMMCOMMON0.77%$33,7305.58M
24TSITCW STRATEGIC INCOME FD TSICOMMON0.75%$33,2696.92M
25EHIWESTERN ASSET GLOBAL HIGH INCCOMMON0.74%$32,7024.90M
26BLACKROCK INNOV & GRW TRM TR BCOMMON0.74%$32,5634.38M
27UNHUNITEDHEALTH GROUP INCCOMMON0.72%$31,81762.9K
28JHSJOHN HANCOCK INCOME SECURITIESCOMMON0.72%$31,7162.83M
29CHUBB LTDCOMMON0.71%$31,083112.5K
30NADNUVEEN QUALITY MUNICIPAL INC FCOMMON0.70%$30,9982.66M
31EATON VANCE CA MUNICIPAL BONDCOMMON0.69%$30,1883.29M
32PIONEER MUNI HIGH INC OPP MIOCOMMON0.68%$30,0112.53M
33ANETARISTA NETWORKS INCCOMMON0.66%$29,184264.0K
34XNEAXNUVEEN AMT-FREE QUALITY MUNI ICOMMON0.64%$28,2082.50M
35JLSNUVEEN MORTGAGE & INCOME FD JLCOMMON0.63%$27,8891.55M
36ACCENTURE PLC CL ACOMMON0.63%$27,76778.9K
37FMYFIRST TR MORTGAGE INCOME FD FMCOMMON0.61%$27,0102.25M
38MFS GOVERNMENT MARKETS INCOMECOMMON0.58%$25,4128.28M
39JPMJPMORGAN CHASE & COCOMMON0.58%$25,362105.8K
40CRMSALESFORCE INCCOMMON0.57%$24,93074.6K
41BLACKROCK HLTH SCI TRM TR BMEZCOMMON0.56%$24,8361.72M
42ECATBLACKROCK ESG CAPITAL ALLOC TRCOMMON0.56%$24,4781.49M
43VVISA INCCOMMON0.55%$24,08376.2K
44XENWXEATON VANCE NEW YORK MUNI ENXCOMMON0.53%$23,3812.45M
45INVESCO TRUST FOR INV GRADE MUCOMMON0.52%$23,0962.29M
46COPCONOCOPHILLIPSCOMMON0.52%$22,924231.2K
47GSGOLDMAN SACHS GROUP INC/THECOMMON0.52%$22,76239.8K
48LLYELI LILLY & COCOMMON0.51%$22,55629.2K
49NEW AMERICA HIGH INC FD HYBCOMMON0.51%$22,5382.76M
50BKTBLACKROCK INCOME TR INC BKTCOMMON0.51%$22,4461.95M
51HDHOME DEPOT INCCOMMON0.51%$22,36757.5K
52AMATAPPLIED MATERIALS INCCOMMON0.50%$21,816134.1K
53NUVEEN PA QUALITY MUNI INC FDCOMMON0.49%$21,8031.95M
54BNYM MUNI INCOME INC DMFCOMMON0.48%$21,3053.00M
55PIONEER MUNI HIGH INCOME TRUSTCOMMON0.48%$21,2882.30M
56XGDVXGABELLI DIVD & INCOME TR GDVCOMMON0.46%$20,462847.3K
57TJXTJX COS INC/THECOMMON0.46%$20,401168.9K
58BLACKROCK MUNIHOLDINGS CA MUCCOMMON0.46%$20,3481.91M
59ABTABBOTT LABORATORIESCOMMON0.45%$19,900175.9K
60NRGXEURPIMCO DYNAMIC INCOME STRGY PDXCOMMON0.45%$19,706754.2K
61ORCLORACLE CORPCOMMON0.43%$19,168115.0K
62ADBEADOBE INCCOMMON0.42%$18,52541.7K
63NUVEEN NJ QUALITY MUNI INC FDCOMMON0.41%$18,2131.50M
64PEPPEPSICO INCCOMMON0.41%$17,981118.2K
65BLACKROCK ENHANCED GOVERNMENTCOMMON0.41%$17,8591.84M
66XPMAXPIONEER MUNICIPAL HIGH INC MAVCOMMON0.40%$17,8092.11M
67HYIWESTERN ASSET HGH YLD DFN FD HCOMMON0.40%$17,5991.49M
68NBXGNEUBERGER BERMAN NEXT GEN FDCOMMON0.39%$17,2311.35M
69VKQINVESCO MUNICIPAL TRUST VKQCOMMON0.39%$17,2081.75M
70ABBVABBVIE INCCOMMON0.36%$16,03490.2K
71MCDMCDONALD'S CORPCOMMON0.36%$16,01155.2K
72INTUINTUIT INCCOMMON0.35%$15,39324.5K
73WMBWILLIAMS COS INC DELCOMMON0.34%$14,943276.1K
74CPZCALAMOS LNG/SHRT EQ & DYN CPZCOMMON0.34%$14,9421.01M
75EATON VANCE MUNICIPAL BOND FUNCOMMON0.34%$14,9021.44M
76NOWSERVICENOW INCCOMMON0.32%$14,28813.5K
77BOE1EURBLACKROCK ENHANCED GBL DI BOECOMMON0.32%$14,1681.32M
78TEAM1EURATLASSIAN CORP PLCCOMMON0.31%$13,80056.7K
79TE CONNECTIVITY LTDCOMMON0.31%$13,60795.2K
80LINDE PLCCOMMON0.31%$13,52932.3K
81PGPROCTER & GAMBLE COCOMMON0.31%$13,45380.2K
82INVESCO MUNICIPAL OPPORTUNITYCOMMON0.30%$13,3511.37M
83LNGCHENIERE ENERGY INCCOMMON0.30%$13,33162.0K
84HONGBPHONEYWELL INTERNATIONAL INCCOMMON0.30%$13,32059.0K
85XMCRXMFS CHARTER INCOME TRUST MCRCOMMON0.30%$13,2772.08M
86NBHNEUBERGER BERMAN INTERMEDIATECOMMON0.30%$13,2431.28M
87GLOCLOUGH GLOBAL OPP FD GLOCOMMON0.30%$13,0222.54M
88SRVCUSHING MLP & INF TOTAL RETURNCOMMON0.30%$13,018292.7K
89VGIVIRTUS GLOBAL MULTI-SECTOR INCCOMMON0.29%$12,9421.69M
90EATON CORP PLCCOMMON0.29%$12,92338.9K
91TMOTHERMO FISHER SCIENTIFIC INCCOMMON0.29%$12,77024.5K
92FDXFEDEX CORPCOMMON0.28%$12,55044.6K
93PANWPALO ALTO NETWORKS INCCOMMON0.28%$12,44268.4K
94GENERAL AMERICAN INVESTORS COCOMMON0.28%$12,194239.1K
95XGLQXCLOUGH GLOBAL EQUITY FD GLQCOMMON0.28%$12,1791.83M
96A4SAMERIPRISE FINANCIAL INCCOMMON0.28%$12,12122.8K
97EMREMERSON ELECTRIC COCOMMON0.27%$12,05897.3K
98FTHYFIRST TR HIGH YIELD OPP 2027 FCOMMON0.27%$11,844818.0K
99PPLPPL CORPCOMMON0.27%$11,765362.4K
100NINISOURCE INCCOMMON0.26%$11,593315.4K

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 ↗.