NPORT-EX 2 SI11_SITLGCapGrowth_Fund.htm FOR VALIDATION PURPOSES ONLY - [864914.LCG]

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2020

 

Sit Large Cap Growth Fund

Investments are grouped by economic sectors.

Name of Issuer   

    

Quantity

      Fair Value ($)  

Common Stocks - 98.6%

 

   

Communications - 1.1%

 

   

Verizon Communications, Inc.

      20,925        1,124,300  
     

 

 

  

Consumer Durables - 0.7%

 

   

YETI Holdings, Inc. *

     36,425        711,016  
     

 

 

  

Consumer Non-Durables - 5.4%

 

   

Constellation Brands, Inc.

      7,425        1,064,448  

Estee Lauder Cos., Inc. - Class A

      9,800        1,561,532  

Mondelez International, Inc.

      17,900        896,432  

NIKE, Inc.

      5,125        424,042  

PepsiCo, Inc.

      13,125        1,576,312  
     

 

 

  
     5,522,766  
  

 

 

  

Consumer Services - 6.8%

 

   

McDonald’s Corp.

      6,650        1,099,578  

Starbucks Corp.

      21,900        1,439,706  

Visa, Inc.

      23,525        3,790,348  

Walt Disney Co.

      6,200        598,920  
     

 

 

  
     6,928,552  
  

 

 

  

Electronic Technology - 16.1%

 

   

Advanced Micro Devices, Inc. *

     11,875        540,075  

Apple, Inc.

      34,475        8,766,648  

Applied Materials, Inc.

      38,900        1,782,398  

Broadcom, Inc.

      7,800        1,849,380  

Ciena Corp. *

     22,200        883,782  

Intel Corp.

      16,800        909,216  

Keysight Technologies, Inc. *

     7,875        658,980  

NVIDIA Corp.

      3,725        981,910  
     

 

 

  
     16,372,389  
  

 

 

  

Finance - 3.9%

 

   

Aon, PLC

      5,975        986,114  

Bank of America Corp.

      10,425        221,323  

Chubb, Ltd.

      5,050        564,034  

Goldman Sachs Group, Inc.

      5,150        796,139  

JPMorgan Chase & Co.

      4,900        441,147  

T Rowe Price Group, Inc.

      9,725        949,646  
     

 

 

  
     3,958,403  
  

 

 

  

Health Services - 3.7%

 

   

HCA Healthcare, Inc.

      8,100        727,785  

UnitedHealth Group, Inc.

      11,925        2,973,856  
     

 

 

  
     3,701,641  
  

 

 

  
Name of Issuer   

    

Quantity

      Fair Value ($)  

Health Technology - 7.7%

      

Abbott Laboratories

      15,500        1,223,105  

Boston Scientific Corp. *

     26,975        880,194  

DexCom, Inc. *

     4,050        1,090,544  

Illumina, Inc. *

     1,800        491,616  

Intuitive Surgical, Inc. *

     2,800        1,386,588  

Johnson & Johnson

      9,400        1,232,622  

Thermo Fisher Scientific, Inc.

      5,250        1,488,900  
     

 

 

  
        7,793,569  
     

 

 

  

Process Industries - 2.7%

      

Ecolab, Inc.

      8,425        1,312,868  

Sherwin-Williams Co.

      3,150        1,447,488  
     

 

 

  
        2,760,356  
     

 

 

  

Producer Manufacturing - 5.7%

      

3M Co.

      3,900        532,389  

Honeywell International, Inc.

      8,425        1,127,181  

L3Harris Technologies, Inc.

      6,550        1,179,786  

Northrop Grumman Corp.

      2,700        816,885  

Raytheon Co.

      5,000        655,750  

Trane Technologies, PLC

      8,900        735,051  

United Technologies Corp.

      7,300        688,609  
     

 

 

  
        5,735,651  
     

 

 

  

Retail Trade - 8.9%

      

Amazon.com, Inc. *

     3,150        6,141,618  

Home Depot, Inc.

      9,825        1,834,426  

TJX Cos., Inc.

      22,700        1,085,287  
     

 

 

  
        9,061,331  
     

 

 

  

Technology Services - 33.3%

      

Accenture, PLC

      11,425        1,865,246  

Adobe, Inc. *

     8,750        2,784,600  

Alphabet, Inc. - Class A *

     625        726,219  

Alphabet, Inc. - Class C *

     4,635        5,389,624  

Atlassian Corp., PLC *

     10,375        1,424,072  

Autodesk, Inc. *

     8,300        1,295,630  

Facebook, Inc. *

     21,250        3,544,500  

Intuit, Inc.

      6,100        1,403,000  

Microsoft Corp.

      59,900        9,446,829  

Paycom Software, Inc. *

     1,300        262,613  

PayPal Holdings, Inc. *

     19,300        1,847,782  

salesforce.com, Inc. *

     18,825        2,710,424  

Splunk, Inc. *

     8,100        1,022,463  
     

 

 

  
        33,723,002  
     

 

 

  
 

 

MARCH 31, 2020   1

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2020

 

Sit Large Cap Growth Fund (Continued)

 

Name of Issuer   

    

Quantity

      Fair Value ($)  

Transportation - 1.8%

      

FedEx Corp.

      3,300        400,158  

Union Pacific Corp.

      10,150        1,431,556  
     

 

 

  
        1,831,714  
     

 

 

  

Utilities - 0.8%

      

NextEra Energy, Inc.

      3,275        788,030  
     

 

 

  

Total Common Stocks
(cost: $56,068,327)

         100,012,720  
     

 

 

  
Name of Issuer   

    

Quantity

      Fair Value ($)  

Short-Term Securities - 1.5%

      

Fidelity Inst. Money Mkt. Gvt. Fund, 0.30%

      1,470,344        1,470,344  
     

 

 

  

(cost: $1,470,344)

      

Total Investments in Securities - 100.1%
(cost: $57,538,671)

         101,483,064  

Other Assets and Liabilities, net - (0.1%)

         (100,983 ) 
     

 

 

  

Total Net Assets - 100.0%

         $101,382,081  
     

 

 

  

 

*

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 March 31, 2020 is as follows:

 

     Investment in Securities  
    

Level 1

Quoted

Price ($)

     

Level 2

Other significant

observable inputs ($)

   

Level 3

Significant

unobservable inputs ($)

    Total ($)  

Common Stocks **

     100,012,720      —    —      100,012,720  

Short-Term Securities

      1,470,344      —    —      1,470,344  

Total:

      101,483,064      —    —      101,483,064  

 

**

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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