NPORT-EX 2 SI11SIT09302022.htm FOR VALIDATION PURPOSES ONLY - [351958.LCG]
    

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2022

 

Sit Large Cap Growth Fund

Investments are grouped by economic sectors.

 

     
Name of Issuer       Quantity         Fair Value ($)

Common Stocks - 99.2%

    

Commercial Services - 0.6%

    

Equifax, Inc.

     4,400       754,292  
   

 

 

 

Communications - 1.1%

    

American Tower Corp.

     6,950       1,492,165  
   

 

 

 

Consumer Durables - 1.0%

    

Activision Blizzard, Inc.

     8,250       613,305  

YETI Holdings, Inc. *

    23,950       683,054  
   

 

 

 

      1,296,359  
   

 

 

 

Consumer Non-Durables - 5.0%

    

Constellation Brands, Inc.

     7,425       1,705,374  

Estee Lauder Cos., Inc. - Class A

     7,600       1,640,840  

Mondelez International, Inc.

     12,850       704,566  

NIKE, Inc.

     9,050       752,236  

PepsiCo, Inc.

     10,000       1,632,600  
   

 

 

 

      6,435,616  
   

 

 

 

Consumer Services - 3.1%

    

McDonald’s Corp.

     6,650       1,534,421  

Visa, Inc.

     13,650       2,424,922  
   

 

 

 

      3,959,343  
   

 

 

 

Electronic Technology - 20.6%

    

Apple, Inc.

     123,875       17,119,525  

Applied Materials, Inc.

     30,000       2,457,900  

Broadcom, Inc.

     7,800       3,463,278  

NVIDIA Corp.

     22,700       2,755,553  

QUALCOMM, Inc.

     6,325       714,598  
   

 

 

 

      26,510,854  
   

 

 

 

Energy Minerals - 1.9%

    

ConocoPhillips

     24,600       2,517,564  
   

 

 

 

Finance - 2.3%

    

Chubb, Ltd.

     5,050       918,494  

Goldman Sachs Group, Inc.

     5,150       1,509,207  

JPMorgan Chase & Co.

     4,900       512,050  
   

 

 

 

      2,939,751  
   

 

 

 

Health Services - 5.8%

    

Centene Corp. *

    16,425       1,278,029  

HCA Healthcare, Inc.

     5,850       1,075,172  

UnitedHealth Group, Inc.

     10,125       5,113,530  
   

 

 

 

      7,466,731  
   

 

 

 

Health Technology - 7.5%

    

Abbott Laboratories

     15,500       1,499,780  

Baxter International, Inc.

     17,425       938,511  

Dexcom, Inc. *

    22,000       1,771,880  

Johnson & Johnson

     9,400       1,535,584  

Medtronic, PLC

     15,825       1,277,869  

Thermo Fisher Scientific, Inc.

     5,250       2,662,747  
   

 

 

 

      9,686,371  
   

 

 

 

Industrial Services - 1.8%

    

Cheniere Energy, Inc.

     13,675       2,268,819  
   

 

 

 

Process Industries - 2.1%

    

Darling Ingredients, Inc. *

    13,700       906,255  

 

 

     
Name of Issuer       Quantity       Fair Value ($)

Linde, PLC

     2,650       714,413  

Sherwin-Williams Co.

     5,225       1,069,819  
   

 

 

 

      2,690,487  
   

 

 

 

Producer Manufacturing - 4.4%

    

Aptiv, PLC *

    7,275       568,978  

Honeywell International, Inc.

     8,425       1,406,722  

Northrop Grumman Corp.

     3,475       1,634,362  

Parker-Hannifin Corp.

     3,950       957,125  

Siemens AG, ADR

     21,675       1,060,991  
   

 

 

 

      5,628,178  
   

 

 

 

Retail Trade - 9.0%

    

Amazon.com, Inc. *

    63,000       7,119,000  

Home Depot, Inc.

     8,425       2,324,795  

Lululemon Athletica, Inc. *

    3,575       999,427  

TJX Cos., Inc.

     18,075       1,122,819  
   

 

 

 

      11,566,041  
   

 

 

 

Technology Services - 29.9%

    

Accenture, PLC

     10,200       2,624,460  

Adobe, Inc. *

    6,250       1,720,000  

Alphabet, Inc. - Class A *

    12,500       1,195,625  

Alphabet, Inc. - Class C *

    73,500       7,067,025  

Atlassian Corp., PLC *

    7,675       1,616,278  

Autodesk, Inc. *

    7,700       1,438,360  

EPAM Systems, Inc. *

    725       262,588  

Intuit, Inc.

     5,200       2,014,064  

Meta Platforms, Inc. *

    6,750       915,840  

Microsoft Corp.

     58,900       13,717,810  

Paycom Software, Inc. *

    2,500       824,975  

PayPal Holdings, Inc. *

    17,600       1,514,832  

salesforce.com, Inc. *

    15,225       2,189,964  

ServiceNow, Inc. *

    2,275       859,063  

Splunk, Inc. *

    8,100       609,120  
   

 

 

 

      38,570,004  
   

 

 

 

Transportation - 2.3%

    

FedEx Corp.

     7,575       1,124,660  

Union Pacific Corp.

     9,200       1,792,344  
   

 

 

 

      2,917,004  
   

 

 

 

Utilities - 0.8%

    

NextEra Energy, Inc.

     13,100       1,027,171  
   

 

 

 

Total Common Stocks
(cost: $61,973,687)

       127,726,750  
   

 

 

 

Short-Term Securities - 0.8%

   

Fidelity Inst. Money Mkt. Gvt. Fund, 2.74%
(cost $1,094,288)

     1,094,288       1,094,288  
   

 

 

 

Total Investments in Securities - 100.0%
(cost $63,067,975)

       128,821,038  

Other Assets and Liabilities, net - (0.0)%

       (40,301 ) 
   

 

 

 

Net Assets - 100.0%

       $128,780,737  
   

 

 

 

 

 

*

Non-income producing security.

 

 

   
SEPTEMBER 30, 2022    1
    

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2022

Sit Large Cap Growth Fund (Continued)

 

 

ADR — American Depositary Receipt

 

 

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, 2022 is as follows:

 

     Investment in Securities  
     Level 1
Quoted
      Prices ($)      		      Level 2
Other significant
observable inputs ($)		      Level 3
Significant
unobservable inputs ($)		          Total ($)          
  

 

 

  

Common Stocks**

     127,726,750        —                    —                    127,726,750  

Short-Term Securities

      1,094,288        —                    —                    1,094,288  
  

 

 

  

Total:

      128,821,038        —                    —                    128,821,038  
  

 

 

  

 

**

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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