NPORT-EX 2 SI11SIT033125.htm HTML
 

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Sit Large Cap Growth Fund

Investments are grouped by economic sectors.

 

 

  
Name of Issuer    Quantity      Fair Value ($)  

 

  

Common Stocks - 97.4%

      

Consumer Durables - 1.4%

      

Sony Group Corp., ADR

      66,000        1,675,740  

Take-Two Interactive Software, Inc. *

     6,350        1,316,037  
     

 

 

  
        2,991,777  
     

 

 

  

Consumer Non-Durables - 2.0%

      

Constellation Brands, Inc.

      7,425        1,362,636  

Mondelez International, Inc.

      12,850        871,873  

NIKE, Inc.

      9,050        574,494  

PepsiCo, Inc.

      10,000        1,499,400  
     

 

 

  
           4,308,403  
     

 

 

  

Consumer Services - 3.3%

      

McDonald’s Corp.

      6,650        2,077,260  

Visa, Inc.

      13,650        4,783,779  
     

 

 

  
        6,861,039  
     

 

 

  

Electronic Technology - 27.0%

      

Apple, Inc.

      104,575        23,229,245  

Applied Materials, Inc.

      22,175        3,218,036  

Arista Networks, Inc. *

     15,000        1,162,200  

Broadcom, Inc.

      41,800        6,998,574  

NVIDIA Corp.

      173,100        18,760,578  

Palo Alto Networks, Inc. *

     18,450        3,148,308  

Vertiv Holdings Co.

      6,175        445,835  
     

 

 

  
        56,962,776  
     

 

 

  

Energy Minerals - 1.2%

      

ConocoPhillips

      24,600        2,583,492  
     

 

 

  

Finance - 2.6%

      

Chubb, Ltd.

      5,050        1,525,050  

Goldman Sachs Group, Inc.

      5,150        2,813,393  

JPMorgan Chase & Co.

      4,900        1,201,970  
     

 

 

  
        5,540,413  
     

 

 

  

Health Services - 3.0%

      

Centene Corp. *

     16,425        997,162  

UnitedHealth Group, Inc.

      10,125        5,302,968  
     

 

 

  
        6,300,130  
     

 

 

  

Health Technology - 6.6%

      

Abbott Laboratories

      15,500        2,056,075  

AbbVie, Inc.

      2,975        623,322  

Dexcom, Inc. *

     22,000        1,502,380  

Eli Lilly & Co.

      5,160        4,261,696  

Intuitive Surgical, Inc. *

     3,800        1,882,026  

Novo Nordisk A/S, ADR

      7,600        527,744  

Thermo Fisher Scientific, Inc.

      5,250        2,612,400  

Zimmer Biomet Holdings, Inc.

      3,075        348,028  
     

 

 

  
        13,813,671  
     

 

 

  

Industrial Services - 1.8%

      

Cheniere Energy, Inc.

      13,675        3,164,395  

Williams Cos., Inc.

      11,800        705,168  
     

 

 

  
        3,869,563  
     

 

 

  

Non-Energy Minerals - 0.4%

      

Trex Co., Inc. *

     13,800        801,780  
     

 

 

  

 

  
Name of Issuer    Quantity      Fair Value ($)  

 

  

Process Industries - 1.5%

      

Linde, PLC

      2,650        1,233,946  

Sherwin-Williams Co.

      5,225        1,824,518  
     

 

 

  
        3,058,464  
     

 

 

  

Producer Manufacturing - 5.5%

      

BAE Systems, PLC, ADR

      15,500        1,274,565  

Eaton Corp., PLC

      3,975        1,080,524  

Emerson Electric Co.

      9,800        1,074,472  

General Dynamics Corp.

      3,550        967,659  

Honeywell International, Inc.

      8,425        1,783,994  

Northrop Grumman Corp.

      1,875        960,019  

Parker-Hannifin Corp.

      3,150        1,914,728  

Siemens AG, ADR

      21,675        2,500,861  
     

 

 

  
           11,556,822  
     

 

 

  

Retail Trade - 10.3%

      

Amazon.com, Inc. *

     63,000        11,986,380  

Home Depot, Inc.

      8,425        3,087,678  

Lululemon Athletica, Inc. *

     4,425        1,252,541  

Netflix, Inc. *

     2,300        2,144,819  

TJX Cos., Inc.

      18,075        2,201,535  

Ulta Beauty, Inc. *

     2,800        1,026,312  
     

 

 

  
        21,699,265  
     

 

 

  

Technology Services - 28.5%

      

Accenture, PLC

      10,200        3,182,808  

Adobe, Inc. *

     6,250        2,397,063  

Alphabet, Inc. - Class A

      12,500        1,933,000  

Alphabet, Inc. - Class C

      73,500        11,482,905  

Atlassian Corp. *

     7,675        1,628,712  

Autodesk, Inc. *

     6,300        1,649,340  

Intuit, Inc.

      5,200        3,192,748  

Meta Platforms, Inc.

      13,225        7,622,361  

Microsoft Corp.

      55,000        20,646,450  

Paycom Software, Inc.

      2,500        546,200  

salesforce.com, Inc.

      15,225        4,085,781  

ServiceNow, Inc. *

     2,275        1,811,218  
     

 

 

  
        60,178,586  
     

 

 

  

Transportation - 1.9%

      

FedEx Corp.

      7,575        1,846,634  

Union Pacific Corp.

      9,200        2,173,408  
     

 

 

  
        4,020,042  
     

 

 

  

Utilities - 0.4%

      

NextEra Energy, Inc.

      13,100        928,659  
     

 

 

  

Total Common Stocks
(cost: $71,479,124)

         205,474,882  
     

 

 

  

Short-Term Securities - 2.7%

     

Fidelity Inst. Money Mkt. Gvt. Fund, 4.23%
(cost $5,797,143)

      5,797,143        5,797,143  
     

 

 

  

Total Investments in Securities - 100.1%
(cost $77,276,267)

         211,272,025  

Other Assets and Liabilities, net - (0.1)%

         (174,273)  
     

 

 

  

Net Assets - 100.0%

         $211,097,752  
     

 

 

  
 

 

 

   
MARCH 31, 2025    1

 

SCHEDULE OF INVESTMENTS (Unaudited)

March 31, 2025

Sit Large Cap Growth Fund (Continued)

 

 

 

*

Non-income producing security.

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 March 31, 2025 is as follows:

 

     Investment in Securities  
    

Level 1 

Quoted 

Prices ($) 

     

Level 2

Other significant

observable inputs ($)

   

Level 3

Significant

unobservable inputs ($)

    Total ($)    

Common Stocks**

     205,474,882        —      —      205,474,882   

Short-Term Securities

      5,797,143        —      —      5,797,143   

Total:

      211,272,025        —      —      211,272,025   

 

**

For equity securities categorized in a single level, refer to the detail above 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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