NPORT-EX 2 SI11_SITLargeCapGrowthFund.htm FOR VALIDATION PURPOSES ONLY - [762035.LCG]

    

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2019

 

Sit Large Cap Growth Fund

Investments are grouped by economic sectors.

 

  
Name of Issuer   

 

Quantity

        Fair Value ($)  

 

  

Common Stocks - 98.7%

      

Communications - 1.1%

      

Verizon Communications, Inc.

      20,925                1,263,033  
     

 

 

  

Consumer Durables - 0.9%

      

YETI Holdings, Inc. *

     36,425        1,019,900  
     

 

 

  

Consumer Non-Durables - 7.3%

      

Conagra Brands, Inc.

      31,050        952,614  

Constellation Brands, Inc.

      7,425        1,539,054  

Estee Lauder Cos., Inc. - Class A

      12,300        2,447,085  

Mondelez International, Inc.

      10,500        580,860  

PepsiCo, Inc.

      15,700        2,152,470  

VF Corp.

      7,300        649,627  
     

 

 

  
        8,321,710  

Consumer Services - 7.4%

      

McDonald’s Corp.

      4,700        1,009,137  

Starbucks Corp.

      21,900        1,936,398  

Visa, Inc.

      27,300        4,695,873  

Walt Disney Co.

      6,200        807,984  
     

 

 

  
        8,449,392  

Electronic Technology - 15.0%

      

Advanced Micro Devices, Inc. *

     9,400        272,506  

Apple, Inc.

      37,900        8,488,463  

Applied Materials, Inc.

      38,900        1,941,110  

Arista Networks, Inc. *

     2,750        657,030  

Broadcom, Inc.

      7,800        2,153,346  

Ciena Corp. *

     28,900        1,133,747  

Corning, Inc.

      36,250        1,033,850  

Intel Corp.

      16,800        865,704  

NVIDIA Corp.

      3,725        648,411  
     

 

 

  
        17,194,167  

Energy Minerals - 1.2%

      

Chevron Corp.

      2,600        308,360  

Marathon Petroleum Corp.

      12,400        753,300  

Pioneer Natural Resources Co.

      2,300        289,271  
     

 

 

  
        1,350,931  

Finance - 4.4%

      

Aon, PLC

      2,975        575,871  

Bank of America Corp.

      20,400        595,068  

Chubb, Ltd.

      5,050        815,272  

Goldman Sachs Group, Inc.

      5,150        1,067,234  

JPMorgan Chase & Co.

      7,200        847,368  

T Rowe Price Group, Inc.

      9,725        1,111,081  
     

 

 

  
        5,011,894  

 

 

 

 

  
Name of Issuer   

 

Quantity

        Fair Value ($)  

 

  

Health Services - 3.3%

      

HCA Healthcare, Inc.

      8,100        975,402  

UnitedHealth Group, Inc.

      13,000        2,825,160  
     

 

 

  
        3,800,562  

Health Technology - 5.9%

      

Boston Scientific Corp. *

     36,700        1,493,323  

Illumina, Inc. *

     3,500        1,064,770  

Intuitive Surgical, Inc. *

     2,800        1,511,804  

Johnson & Johnson

      9,400        1,216,172  

Thermo Fisher Scientific, Inc.

      5,250        1,529,168  
     

 

 

  
        6,815,237  

Process Industries - 3.3%

      

Ecolab, Inc.

      8,425        1,668,487  

Sherwin-Williams Co.

      3,800        2,089,506  
     

 

 

  
        3,757,993  

Producer Manufacturing - 7.9%

      

3M Co.

      5,450        895,980  

Boeing Co.

      3,250        1,236,528  

Honeywell International, Inc.

      9,925        1,679,310  

Ingersoll-Rand, PLC

      10,700        1,318,347  

L3Harris Technologies, Inc.

      5,775        1,204,896  

Northrop Grumman Corp.

      2,700        1,011,933  

Raytheon Co.

      5,000        980,950  

United Technologies Corp.

      4,900        668,948  
     

 

 

  
        8,996,892  

Retail Trade - 8.4%

      

Amazon.com, Inc. *

     3,000        5,207,730  

Home Depot, Inc.

      11,125        2,581,222  

TJX Cos., Inc.

      22,700        1,265,298  

Ulta Beauty, Inc. *

     2,300        576,495  
     

 

 

  
        9,630,745  

Technology Services - 29.3%

      

Accenture, PLC

      11,425        2,197,599  

Adobe, Inc. *

     9,150        2,527,687  

Alphabet, Inc. - Class A *

     625        763,212  

Alphabet, Inc. - Class C *

     5,750        7,009,250  

Autodesk, Inc. *

     9,800        1,447,460  

Booking Holdings, Inc. *

     680        1,334,575  

Facebook, Inc. *

     18,950        3,374,616  

Intuit, Inc.

      6,600        1,755,204  

Microsoft Corp.

      62,000        8,619,860  

PayPal Holdings, Inc. *

     19,300        1,999,287  

salesforce.com, Inc. *

     16,325        2,423,283  
     

 

 

  
                33,452,033  
 

 

 

SEPTEMBER 30, 2019    1

    

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2019

Sit Large Cap Growth Fund (Continued)

 

 

  
Name of Issuer   

 

Quantity

        Fair Value ($)  

 

  

Transportation - 2.5%

 

   

Delta Air Lines, Inc.

      18,400        1,059,840  

Union Pacific Corp.

      11,000        1,781,780  
     

 

 

  
                2,841,620  

Utilities - 0.8%

      

NextEra Energy, Inc.

      4,000        931,960  
     

 

 

  

Total Common Stocks
(cost: $57,465,496)

 

      112,838,069  
     

 

 

  

 

  
Name of Issuer   

 

Quantity

        Fair Value ($)  

 

  

Short-Term Securities - 1.4%

      

Fidelity Inst. Money Mkt. Gvt. Fund, 1.86%

     1,579,146        1,579,146  
     

 

 

  

(cost: $1,579,146)

      

Total Investments in Securities - 100.1%
(cost: $59,044,642)

 

      114,417,215  

Other Assets and Liabilities, net - (0.1%)

 

      (161,115 ) 
     

 

 

  

Total Net Assets - 100.0%

 

        $114,256,100  
     

 

 

  

 

                                                                                

 

* 

Non-income producing security.

PLC — Public Limited Company

Numeric footnotes not disclosed are not applicable to this Schedule of Investments.

 

 

A summary of the levels for the Fund’s investments as of September 30, 2019 is as follows:

 

     Investment in Securities  
    

 

Level 1
Quoted
Price ($)

     

Level 2

Other significant
    observable inputs ($)    

   

Level 3

Significant

    unobservable inputs ($)    

    Total ($)

Common Stocks **

     112,838,069      —    —      112,838,069  

Short-Term Securities

      1,579,146      —    —      1,579,146   
       

Total:

        114,417,215      —    —          114,417,215  

 

**

For equity securities categorized in a single level, refer to the Schedule of Investments for further breakdown.

There were no transfers into or out of level 3 during the reporting period.

For additional information about significant accounting policies, including valuation of investments, refer to the Fund’s most recent annual report.

 

 

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