SEC 13F Intelligence

Managers / Q4 2025 · view latest →

SIT INVESTMENT ASSOCIATES INC

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

Reported Value
$5M
Q4 2025
Positions
512
includes revealed positions
Filings on Record
32
2019–present window
Filed
Feb 12, 2026
original filing

Summary

Sit Investment Associates Inc reported $5M in U.S.-listed holdings across 512 positions for Q4 2025.

Its largest position, NVDA, represents 3.0% of the portfolio.

Compared with Q3 2025, the fund opened 29 new positions and exited 33.

Portfolio Metrics

Turnover
+9.5%
vs prior filed quarter
Top-10 Concentration
+24.0%
share of reported value
Largest Position
+3.0%
Nvidia
New / Exited
29 / 33
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: 51.2%Common Stock: 45.7%ADR: 1.8%Other: 0.8%REIT: 0.4%Other: 0.1%
  • Closed-End Fund · 51.2% · $3M
  • Common Stock · 45.7% · $2M
  • ADR · 1.8% · $93,557
  • Other · 0.8% · $40,788
  • REIT · 0.4% · $19,434
  • Other · 0.1% · $3,686

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
RABROOKFIELD REAL ASSETS INC FDREVEALEDNEW+2.22M2.22M+$28,709$28,709
FSSLFS SPECIALTY LENDING FUND FSSLREVEALEDNEW+1.64M1.64M+$23,254$23,254
DLYDOUBLELINE YIELD OPP FD DLYNEW+1.08M1.08M+$15,749$15,749
PAIWESTERN ASSET INV GRADE INC FDREVEALEDNEW+1.15M1.15M+$14,335$14,335
SRVNXG CUSHING MIDSTREAM ENERGY FNEW+323.2K323.2K+$12,620$12,620
MEGINYLI CBRE GLOBAL INFR MEGATRENREVEALEDNEW+726.6K726.6K+$9,998$9,998
EVRGEVERGY INCNEW+90.7K90.7K+$6,577$6,577
BPREBLUEROCK PVT REAL ESTATE FD BREVEALEDNEW+350.0K350.0K+$5,250$5,250

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

Holdings — Q4 2025REVEALED

498 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPhistory →COMMON3.05%$154,863830.4K
2AVGOBROADCOM INChistory →COMMON3.02%$153,234442.7K
3FINSANGEL OAK FINANCIAL STRAT INChistory →COMMON2.67%$135,87510.29M
4MSFTMICROSOFT CORPhistory →COMMON2.62%$132,940274.9K
5AAPLAPPLE INChistory →COMMON2.46%$124,852459.3K
6GOOGLALPHABET INC - CL ACOMMON2.30%$116,597372.3K
7BBNBLACKROCK TAXABLE MUNI BOND TRhistory →COMMON2.15%$109,2556.69M
8BHKBLACKROCK CORE BOND TRUST BHKhistory →COMMON2.01%$102,01410.64M
9PPTPUTNAM PREMIER INCOME TRUST PPhistory →COMMON1.97%$100,15728.29M
10KTFDWS MUNICIPAL INCOME TRUST KTFhistory →COMMON1.77%$89,8389.88M
11CRFCORNERSTONE TOTAL RETURN FD CRhistory →COMMON1.59%$80,82710.09M
12MFS INTERMEDIATE INCOME TRUSTCOMMON1.50%$76,12829.17M
13PIMPUTNAM MASTER INTERMEDIATE INChistory →COMMON1.49%$75,91622.73M
14BTZBLACKROCK CREDIT ALLOCATION INhistory →COMMON1.37%$69,6406.43M
15BITBLACKROCK MULTI SECTOR INC TRhistory →COMMON1.28%$64,8034.96M
16XEVVXEATON VANCE LIMITED DURATION Ihistory →COMMON1.26%$64,0286.46M
17UTFCOHEN & STEERS INFRASTRUCTUREhistory →COMMON1.25%$63,7562.64M
18NBBNUVEEN BUILD AMERICA BOND FD Nhistory →COMMON1.19%$60,5363.83M
19BKTBLACKROCK INCOME TR INC BKThistory →COMMON1.10%$55,7545.05M
20AMZNAMAZON.COM INChistory →COMMON1.09%$55,440240.2K
21DBLDOUBLELINE OPP CREDIT FD DBLhistory →COMMON1.04%$52,9133.47M
22NPFDNUVEEN VAR RT PREF & INC NPFDhistory →COMMON1.01%$51,1842.69M
23TSITCW STRATEGIC INCOME FD TSICOMMON0.99%$50,43210.21M
24METAMETA PLATFORMS INC CLASS ACOMMON0.94%$47,65772.2K
25XSCDXLMP CAPITAL & INCOME FD INC SCCOMMON0.83%$42,0262.84M
26CLMCORNERSTONE STRATEGIC VALUE FDCOMMON0.76%$38,7924.64M
27JHSJOHN HANCOCK INCOME SECURITIESCOMMON0.74%$37,5773.21M
28JGHNUVEEN GLOBAL HIGH INCOME FD JCOMMON0.72%$36,6162.90M
29JPMJPMORGAN CHASE & COCOMMON0.71%$36,139112.2K
30JFRNUVEEN FLOATING RATE INC FD JFCOMMON0.71%$35,8434.58M
31CBCHUBB LTDCOMMON0.69%$34,922111.9K
32ANETARISTA NETWORKS INCCOMMON0.68%$34,739265.1K
33EMOCLEARBRIDGE ENERGY MIDSTREAM OCOMMON0.68%$34,724777.7K
34JMMNUVEEN MULTI-MARKET INC FD JMMCOMMON0.68%$34,6195.73M
35LLYELI LILLY & COCOMMON0.68%$34,54332.1K
36FTHYFIRST TR HIGH YIELD OPP 2027 FCOMMON0.67%$34,0492.42M
37RIVRIVERNORTH OPPRTUNITIES FD RIVCOMMON0.64%$32,5322.77M
38UNHUNITEDHEALTH GROUP INCCOMMON0.62%$31,64995.9K
39GSGOLDMAN SACHS GROUP INC/THECOMMON0.61%$31,01635.3K
40AVKADVENT CLAYMORE CV SEC AND INCCOMMON0.60%$30,5682.44M
41RABROOKFIELD REAL ASSETS INC FDREVEALEDCOMMON0.57%$28,7092.22M
42ERCWELLS FARGO MULTI-SECTOR INC FCOMMON0.56%$28,4673.06M
43FMYFIRST TR MORTGAGE INCOME FD FMCOMMON0.55%$27,9102.30M
44AMATAPPLIED MATERIALS INCCOMMON0.55%$27,825108.3K
45VVISA INCCOMMON0.54%$27,23377.7K
46MFS GOVERNMENT MARKETS INCOMECOMMON0.52%$26,5868.79M
47XAI OCTAGN FLT RAT & ALT TR XCOMMON0.52%$26,2445.47M
48WMBWILLIAMS COS INC/THECOMMON0.49%$25,095417.5K
49XMCRXMFS CHARTER INCOME TRUST MCRCOMMON0.49%$25,0373.99M
50XNROXNEUBERGER REAL ESTATE SEC INCCOMMON0.48%$24,2057.96M
51BGBBLACKSTONE STRAT CR 2027 TERMCOMMON0.47%$23,8592.03M
52TJXTJX COS INC/THECOMMON0.46%$23,464152.8K
53FSSLFS SPECIALTY LENDING FUND FSSLREVEALEDCOMMON0.46%$23,2541.64M
54INTUINTUIT INCCOMMON0.46%$23,16935.0K
55FPFFIRST TR INTER DUR PFD & FPFCOMMON0.45%$22,6601.22M
56EHIWESTERN ASSET GLOBAL HIGH INCCOMMON0.43%$21,9923.43M
57HDHOME DEPOT INCCOMMON0.43%$21,71463.1K
58AZNNASTRAZENECA PLC ADRDEPOSITARY RECEI0.41%$20,654224.7K
59FSCOFS CREDIT OPPORTUNITIES FD FSCOMMON0.40%$20,4573.25M
60JLSNUVEEN MORTGAGE & INCOME FD JLCOMMON0.39%$19,8421.09M
61ACPABERDEEN INC CREDIT STRATEGIESCOMMON0.38%$19,4733.60M
62LINLINDE PLCCOMMON0.38%$19,42145.5K
63ABTABBOTT LABORATORIESCOMMON0.37%$18,927151.1K
64XNQPXNUVEEN PA QUALITY MUNI INC FDCOMMON0.37%$18,5671.56M
65FLCFLAHERTY & CRUMRINE TOTAL RETUCOMMON0.36%$18,1851.04M
66CRMSALESFORCE INCCOMMON0.36%$18,16268.6K
67TELTE CONNECTIVITY PLCCOMMON0.34%$17,51577.0K
68ISRGINTUITIVE SURGICAL INCCOMMON0.33%$16,69229.5K
69XMVTXBLACKROCK MUNIVEST MVTCOMMON0.33%$16,6171.54M
70MCDMCDONALD'S CORPCOMMON0.33%$16,54354.1K
71ACNACCENTURE PLC CL ACOMMON0.32%$16,43961.3K
72VGIVIRTUS GLOBAL MULTI-SECTOR INCCOMMON0.32%$16,1332.06M
73HONHONEYWELL INTERNATIONAL INCCOMMON0.31%$15,86581.3K
74SIEGYSIEMENS AG ADRDEPOSITARY RECEI0.31%$15,780112.8K
75TMOTHERMO FISHER SCIENTIFIC INCCOMMON0.31%$15,76527.2K
76DLYDOUBLELINE YIELD OPP FD DLYCOMMON0.31%$15,7491.08M
77CGCARLYLE GROUP INC/THECOMMON0.30%$15,489262.0K
78BACBANK OF AMERICA CORPCOMMON0.30%$15,304278.3K
79ABBVABBVIE INCCOMMON0.30%$15,14866.3K
80ORCLORACLE CORPCOMMON0.30%$15,14477.7K
81NXGCUSHING NEXGEN INFRASTRUCTURECOMMON0.29%$14,800293.1K
82NBXGNEUBERGER NEXT GEN CONN FD NBCOMMON0.29%$14,7141.02M
83XMQTXBLACKROCK MUNIYIELD QUALITY FDCOMMON0.29%$14,7041.45M
84PANWPALO ALTO NETWORKS INCCOMMON0.29%$14,62979.4K
85ASMLFASML HOLDING NVNY REG SHRS0.28%$14,43213.5K
86MPWRMONOLITHIC POWER SYSTEMS INCCOMMON0.28%$14,42615.9K
87PAIWESTERN ASSET INV GRADE INC FDREVEALEDCOMMON0.28%$14,3351.15M
88CPZCALAMOS LNG/SHRT EQ & DYN CPZCOMMON0.28%$14,312978.9K
89VBFINVESCO BOND FUND VBFCOMMON0.28%$14,166919.3K
90SYKSTRYKER CORPCOMMON0.28%$14,11240.2K
91PFDFLAHERTY & CRUMRINE PFD INC PFCOMMON0.27%$13,9631.18M
92FLSFLOWSERVE CORPCOMMON0.27%$13,810199.1K
93GAMGENERAL AMERICAN INVESTORS COCOMMON0.27%$13,664232.7K
94COPCONOCOPHILLIPSCOMMON0.27%$13,565144.9K
95GLOCLOUGH GLOBAL OPP FD GLOCOMMON0.27%$13,5602.40M
96SDHYPGIM SHORT DUR HI YLD SDHYCOMMON0.26%$13,329810.3K
97XGDVXGABELLI DIVD & INCOME TR GDVCOMMON0.26%$13,084471.2K
98XGLQXCLOUGH GLOBAL EQUITY FD GLQCOMMON0.26%$12,9811.69M
99IGIWESTERN ASSET INV GRA DEF OPPCOMMON0.25%$12,672768.0K
100SRVNXG CUSHING MIDSTREAM ENERGY FCOMMON0.25%$12,620323.2K

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 ↗.