We are live on ! Find out more
SIA

Sit Investment Associates Portfolio holdings

AUM $5.28B
1-Year Est. Return 14.42%
This Fund
S&P 500
This Quarter Est. Return
+4.41%
1 Year Est. Return
+14.42%
3 Year Est. Return
+49.57%
5 Year Est. Return
+37.84%
10 Year Est. Return
+154.77%
AUM
$3.68B
AUM Growth
+$113M
Cap. Flow
-$3.77M
Cap. Flow %
-0.1%
Top 10 Hldgs %
19.63%
Holding
563
New
21
Increased
140
Reduced
189
Closed
29

Top Buys

Rank Stock Value
1
ACP
abrdn Income Credit Strategies Fund
ACP
+$22.2M
2
NVG icon
Nuveen AMT-Free Municipal Credit Income Fund
NVG
+$14.4M
3
BNY
Bank of New York Mellon
BNY
+$11.1M
4
RSF
RiverNorth Capital and Income Fund
RSF
+$10.9M
5
VGM icon
Invesco Trust Investment Grade Municipals
VGM
+$10M

Top Sells

Rank Stock Value
1
IVH
Delaware Ivy High Income Opportunities Fund
IVH
+$17.9M
2
WIW
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
+$16.8M
3
HYT icon
BlackRock Corporate High Yield Fund
HYT
+$14.3M
4
OPP
RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
+$11.7M
5
CLM icon
Cornerstone Strategic Value Fund
CLM
+$11.5M

Sector Composition

Rank Sector Weight
1 Technology 16.34%
2 Healthcare 7.64%
3 Industrials 6.18%
4 Financials 5.91%
5 Consumer Discretionary 3.57%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ERC
526
Allspring Multi-Sector Income Fund
ERC
$261M
– –
-20,000
Closed -$196K
ERIC icon
527
Ericsson
ERIC
$33.7B
– –
-277,750
Closed -$1.62M
EWBC icon
528
East-West Bancorp
EWBC
$18.3B
– –
-59,740
Closed -$3.94M
FHN icon
529
First Horizon
FHN
$12.1B
– –
-5,475
Closed -$134K
GLU
530
Gabelli Utility & Income Trust
GLU
$116M
– –
-217,714
Closed -$3.06M
GLV
531
Clough Global Dividend & Income Fund
GLV
$78.7M
– –
-60,404
Closed -$387K
MET icon
532
MetLife
MET
$61.4B
– –
-53,890
Closed -$3.9M
MRVL icon
533
Marvell Technology
MRVL
$200B
– –
-51,255
Closed -$1.9M
PNC icon
534
PNC Financial Services
PNC
$101B
– –
-43,745
Closed -$6.91M
PYPL icon
535
PayPal
PYPL
$50.1B
– –
-7,385
Closed -$526K
SR icon
536
Spire
SR
$4.9B
– –
-11,550
Closed -$795K
TSN icon
537
Tyson Foods
TSN
$19.7B
– –
-1,525
Closed -$95K
URBN icon
538
Urban Outfitters
URBN
$6.71B
– –
-4,275
Closed -$102K
VEA icon
539
Vanguard FTSE Developed Markets ETF
VEA
$239B
– –
-3,092
Closed -$130K
NIQ
540
DELISTED
NUVEEN INTERMEDIATE DURATION QUALITY MUNICIPAL TERM FUND
NIQ
– –
-32,574
Closed -$407K
FRC
541
DELISTED
First Republic Bank
FRC
– –
-36,835
Closed -$4.49M
DEX
542
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
– –
-509,285
Closed -$3.97M
IVH
543
DELISTED
Delaware Ivy High Income Opportunities Fund
IVH
– –
-1,630,270
Closed -$17.9M
MGU
544
DELISTED
Macquarie Global Infrastructure Total Return Fund, Inc.
MGU
– –
-328,078
Closed -$7.45M
STOR
545
DELISTED
STORE Capital Corporation
STOR
– –
-12,000
Closed -$385K
SNP
546
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
– –
-1,400
Closed -$68K
TTP
547
DELISTED
TORTOISE PIPELINE & ENERGY FUND, INC.
TTP
– –
-56,823
Closed -$1.53M
TLOG
548
DELISTED
TetraLogic Pharmaceuticals Corporation
TLOG
$0 ﹤0.01%
3,913
– –
SIVB
549
DELISTED
SVB Financial Group
SIVB
– –
-4,925
Closed -$1.13M
NID
550
DELISTED
NUVEEN INTERMEDIATE DURATION MUNICIPAL TERM FUND
NID
– –
-1,200
Closed -$16K
18 19 20 21
22

Similar funds

DRZID
DePrince Race & Zollo Inc (DRZ) Winter Park, Florida $5.29B AUM 20.14% 1-Year Est. Return
WL
WIT LLC District Of Columbia, District of Columbia $5.3B AUM 20.46% 1-Year Est. Return
DDC
DF Dent & Co Baltimore, Maryland $5.22B AUM 2.07% 1-Year Est. Return
KKRC
Kohlberg Kravis Roberts & Co New York $5.35B AUM 63.01% 1-Year Est. Return
MS
Maven Securities St Helier, Jersey $5.2B AUM 44.01% 1-Year Est. Return
LP
Linonia Partnership New York $5.38B AUM 20.54% 1-Year Est. Return
MIM
Merewether Investment Management Dallas, Texas $5.16B AUM 86.81% 1-Year Est. Return
SCM
Snyder Capital Management San Francisco, California $5.16B AUM 26.72% 1-Year Est. Return

Sit Investment Associates's Q1 2023 Portfolio in Review

As of Q1 2023, Sit Investment Associates held 563 positions worth $3.68B, up 3.2% from $3.57B the previous quarter. Its ten largest holdings account for 20% of the portfolio.

Sit Investment Associates's Q1 2023 filing shows 21 new, 140 increased, 189 reduced and 29 closed positions. Its largest new stake was abrdn Income Credit Strategies Fund: 2,985,270 shares worth $19.9M. The largest sale was Delaware Ivy High Income Opportunities Fund, an estimated $17.9M.

By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Healthcare and Industrials.

  • Sit Investment Associates's largest Q1 2023 buy was abrdn Income Credit Strategies Fund: 2,985,270 shares worth $19.9M.
  • Sit Investment Associates added most to Nuveen AMT-Free Municipal Credit Income Fund in Q1 2023, an estimated $14.4M increase.
  • Sit Investment Associates's biggest Q1 2023 reduction was Western Asset Inflation-Linked Opportunities & Income Fund, cutting an estimated $16.8M.
  • Sit Investment Associates fully exited Delaware Ivy High Income Opportunities Fund in Q1 2023, selling an estimated $17.9M.
  • Sit Investment Associates's ten largest holdings make up 20% of its $3.68B portfolio in Q1 2023.
  • Sit Investment Associates opened 21 new positions and closed 29 in Q1 2023.
  • Sit Investment Associates's portfolio value rose 3.2% quarter-over-quarter to $3.68B.

Based on Sit Investment Associates's 13F filing for Q1 2023, filed 11 May 2023.