We are live on ! Find out more
SIA

Sit Investment Associates Portfolio holdings

AUM $4.93B
1-Year Est. Return 12.22%
This Fund
S&P 500
This Quarter Est. Return
-10.78%
1 Year Est. Return
+12.22%
3 Year Est. Return
+41.16%
5 Year Est. Return
+31.78%
10 Year Est. Return
+136.16%
AUM
$3.11B
AUM Growth
-$791M
Cap. Flow
-$335M
Cap. Flow %
-10.79%
Top 10 Hldgs %
18.64%
Holding
579
New
47
Increased
140
Reduced
207
Closed
44

Top Buys

Rank Stock Value
1
FTF
Franklin Limited Duration Income Trust
FTF
+$43.4M
2
MRK icon
Merck
MRK
+$15M
3
WIW
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
+$13.9M
4
NBB icon
Nuveen Taxable Municipal Income Fund
NBB
+$13.7M
5
EVV
Eaton Vance Limited Duration Income Fund
EVV
+$13.2M

Top Sells

Rank Stock Value
1
JPM icon
JPMorgan Chase
JPM
+$22.9M
2
VZ icon
Verizon
VZ
+$22.6M
3
AAPL icon
Apple
AAPL
+$19.4M
4
MSFT icon
Microsoft
MSFT
+$18.5M
5
JNJ icon
Johnson & Johnson
JNJ
+$18.4M

Sector Composition

Rank Sector Weight
1 Technology 10.69%
2 Healthcare 10.55%
3 Financials 8.84%
4 Industrials 8.15%
5 Consumer Discretionary 5.21%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TSI
101
TCW Strategic Income Fund
TSI
$213M
$9.47M 0.3%
1,796,900
+333,023
+23% +$1.81M
MDT icon
102
Medtronic
MDT
$112B
$9.35M 0.3%
+102,750
New +$9.6M
CME icon
103
CME Group
CME
$94.8B
$9.33M 0.3%
49,578
-38,797
-44% -$7.16M
FDX icon
104
FedEx
FDX
$75.4B
$9.3M 0.3%
57,655
-17,360
-23% -$3.67M
IP icon
105
International Paper
IP
$22B
$8.92M 0.29%
233,286
-196,707
-46% -$8.26M
MIY icon
106
BlackRock MuniYield Michigan Quality Fund
MIY
$353M
$8.71M 0.28%
701,669
+316,055
+82% +$3.92M
NXJ
107
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
$8.7M 0.28%
682,709
+413,531
+154% +$5.23M
TLI
108
DELISTED
Western Asset Corporate Loan Fund Inc.
TLI
$8.64M 0.28%
962,530
+45,861
+5% +$434K
LM
109
DELISTED
Legg Mason, Inc.
LM
$8.51M 0.27%
333,725
-3,414
-1% -$95.7K
DSU icon
110
BlackRock Debt Strategies Fund
DSU
$597M
$8.51M 0.27%
870,882
+65,963
+8% +$696K
FMO
111
DELISTED
Fiduciary/Claymore Energy Infrastructure Fund
FMO
$8.49M 0.27%
190,926
-49,820
-21% -$2.6M
BTA
112
DELISTED
BlackRock Long-Term Municipal Advantage Trust
BTA
$8.34M 0.27%
781,727
-51,814
-6% -$566K
ULTA icon
113
Ulta Beauty
ULTA
$24.3B
$8.21M 0.26%
33,545
-1,425
-4% -$394K
VMO icon
114
Invesco Municipal Opportunity Trust
VMO
$663M
$8.14M 0.26%
728,356
+10,700
+1% +$119K
CEM
115
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
$8.11M 0.26%
155,867
-49,464
-24% -$3.1M
BKNG icon
116
Booking.com
BKNG
$161B
$7.91M 0.25%
114,775
-11,625
-9% -$853K
ADBE icon
117
Adobe
ADBE
$105B
$7.82M 0.25%
34,570
-18,525
-35% -$4.47M
DTE icon
118
DTE Energy
DTE
$29.1B
$7.58M 0.24%
80,752
-116,061
-59% -$11.3M
ANET icon
119
Arista Networks
ANET
$238B
$7.57M 0.24%
575,040
-21,200
-4% -$304K
GRMN
120
Garmin
GRMN
$60B
$7.46M 0.24%
117,750
+97,425
+479% +$6.31M
VKQ icon
121
Invesco Municipal Trust
VKQ
$551M
$7.44M 0.24%
667,634
-12,600
-2% -$140K
VKI icon
122
Invesco Advantage Municipal Income Trust II
VKI
$401M
$7.4M 0.24%
749,375
-16,600
-2% -$167K
NVG icon
123
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.7B
$7.39M 0.24%
528,748
+174,883
+49% +$2.4M
TT icon
124
Trane Technologies
TT
$106B
$7.37M 0.24%
80,796
-6,875
-8% -$676K
TMO icon
125
Thermo Fisher Scientific
TMO
$220B
$7.32M 0.24%
32,685
-3,900
-11% -$915K
3 4
5
6 7

Similar funds

MCM
Moore Capital Management New York $4.92B AUM 35.4% 1-Year Est. Return
SMFG
Sumitomo Mitsui Financial Group Tokyo, Japan $4.94B AUM 1.39% 1-Year Est. Return
FC
Freemont Capital Singapore $4.91B AUM 5.45% 1-Year Est. Return
FFB
First Financial Bankshares Abilene, Texas $4.95B AUM 25.06% 1-Year Est. Return
KCM
Kensico Capital Management Greenwich, Connecticut $4.9B AUM 41.26% 1-Year Est. Return
PBA
Paradigm Biocapital Advisors New York $4.89B AUM 251.12% 1-Year Est. Return
DGI
Disciplined Growth Investors Minneapolis, Minnesota $4.89B AUM 33.85% 1-Year Est. Return
BCM
Bridgeway Capital Management Houston, Texas $4.97B AUM 44.96% 1-Year Est. Return

Sit Investment Associates's Q4 2018 Portfolio in Review

As of Q4 2018, Sit Investment Associates held 579 positions worth $3.11B, down 20% from $3.9B the previous quarter. Its ten largest holdings account for 19% of the portfolio.

Sit Investment Associates withdrew a net $335M in Q4 2018, closing 44 positions and reducing 207 holdings. Its most notable exit was Nuveen Build Am Bond Opp Fd, an estimated $16.4M position sold in full.

By sector, the portfolio is most concentrated in Technology at 11% of assets, down from 13% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Sit Investment Associates opened a new position in Hartford Financial Services worth $12.4M.

  • Sit Investment Associates's largest Q4 2018 buy was Hartford Financial Services: 279,225 shares worth $12.4M.
  • Sit Investment Associates added most to Franklin Limited Duration Income Trust in Q4 2018, an estimated $43.4M increase.
  • Sit Investment Associates's biggest Q4 2018 reduction was JPMorgan Chase, cutting an estimated $22.9M.
  • Sit Investment Associates fully exited Nuveen Build Am Bond Opp Fd in Q4 2018, selling an estimated $16.4M.
  • Sit Investment Associates's ten largest holdings make up 19% of its $3.11B portfolio in Q4 2018.
  • Sit Investment Associates opened 47 new positions and closed 44 in Q4 2018.
  • Sit Investment Associates's portfolio value fell 20% quarter-over-quarter to $3.11B.

Based on Sit Investment Associates's 13F filing for Q4 2018, filed 14 Jan 2019.