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
+4.98%
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
$3.9B
AUM Growth
+$15.1M
Cap. Flow
-$134M
Cap. Flow %
-3.43%
Top 10 Hldgs %
19.14%
Holding
585
New
48
Increased
130
Reduced
251
Closed
53

Top Buys

Rank Stock Value
1
CLM icon
Cornerstone Strategic Value Fund
CLM
+$109M
2
CRF
Cornerstone Total Return Fund
CRF
+$68.9M
3
NTG
Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
+$22.2M
4
CVS icon
CVS Health
CVS
+$18.7M
5
KMF
Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
+$15.8M

Top Sells

Rank Stock Value
1
BTZ icon
BlackRock Credit Allocation Income Trust
BTZ
+$24.8M
2
PM icon
Philip Morris
PM
+$20.3M
3
GAM
General American Investors Company
GAM
+$17.8M
4
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
+$17.3M
5
PCF
High Income Securities Fund
PCF
+$14.6M

Sector Composition

Rank Sector Weight
1 Technology 12.72%
2 Healthcare 10.98%
3 Financials 10.39%
4 Industrials 9.93%
5 Consumer Discretionary 5.82%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SPE
126
Special Opportunities Fund
SPE
$144M
$8.93M 0.23%
622,139
+28,473
+5% +$410K
VMO icon
127
Invesco Municipal Opportunity Trust
VMO
$658M
$8.21M 0.21%
717,656
– –
TSI
128
TCW Strategic Income Fund
TSI
$213M
$8.2M 0.21%
1,463,877
-46,815
-3% -$260K
VKI icon
129
Invesco Advantage Municipal Income Trust II
VKI
$399M
$8.07M 0.21%
765,975
– –
ADSK icon
130
Autodesk
ADSK
$54.1B
$7.94M 0.2%
50,860
+325
+0.6% +$45.9K
VKQ icon
131
Invesco Municipal Trust
VKQ
$547M
$7.85M 0.2%
680,234
– –
CNC icon
132
Centene
CNC
$32.9B
$7.75M 0.2%
107,120
– –
WCN
133
Waste Connections
WCN
$41.9B
$7.57M 0.19%
94,930
-6,350
-6% -$499K
EL icon
134
Estee Lauder
EL
$31.5B
$7.44M 0.19%
51,190
+200
+0.4% +$27.8K
JMF
135
DELISTED
NUVEEN ENERGY MLP TOTAL RETURN FUND
JMF
$7.43M 0.19%
671,503
-281,730
-30% -$3.07M
AGD
136
abrdn Global Dynamic Dividend Fund
AGD
$325M
$7.38M 0.19%
714,083
-293,579
-29% -$3.05M
IQI icon
137
Invesco Quality Municipal Securities
IQI
$533M
$7.29M 0.19%
629,172
– –
MCR
138
DELISTED
MFS Charter Income Trust
MCR
$7.28M 0.19%
938,680
-127,969
-12% -$1M
VLT icon
139
Invesco High Income Trust II
VLT
$65.8M
$7.17M 0.18%
523,475
+187,147
+56% +$2.54M
LGI
140
Lazard Global Total Return & Income Fund
LGI
$240M
$7.03M 0.18%
395,789
-179,039
-31% -$3.21M
GS icon
141
Goldman Sachs
GS
$301B
$7.01M 0.18%
31,255
+825
+3% +$192K
EA
142
DELISTED
Electronic Arts
EA
$6.99M 0.18%
58,030
+2,605
+5% +$336K
ROK icon
143
Rockwell Automation
ROK
$48.3B
$6.95M 0.18%
37,085
– –
MAR icon
144
Marriott International
MAR
$90.9B
$6.93M 0.18%
52,522
+550
+1% +$70.2K
VTA
145
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
$6.9M 0.18%
601,748
-789,849
-57% -$9.08M
RTX icon
146
RTX Corp
RTX
$302B
$6.86M 0.18%
77,917
-874
-1% -$73.4K
FRC
147
DELISTED
First Republic Bank
FRC
$6.78M 0.17%
70,575
-8,200
-10% -$825K
CRM icon
148
Salesforce
CRM
$162B
$6.76M 0.17%
42,535
– –
NAD icon
149
Nuveen Quality Municipal Income Fund
NAD
$2.77B
$6.72M 0.17%
525,487
– –
PTC icon
150
PTC
PTC
$16.4B
$6.61M 0.17%
62,270
-4,800
-7% -$469K
4 5
6
7 8

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 Q3 2018 Portfolio in Review

As of Q3 2018, Sit Investment Associates held 585 positions worth $3.9B, up 0.39% from $3.88B the previous quarter. Its ten largest holdings account for 19% of the portfolio.

Sit Investment Associates withdrew a net $134M in Q3 2018, closing 53 positions and reducing 251 holdings. Its most notable exit was PIMCO Dynamic Credit and Mortgage Income Fund, an estimated $17.3M position sold in full.

By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Sit Investment Associates opened a new position in Tortoise Midstream Energy Fund, Inc. Common Stock worth $22.1M.

  • Sit Investment Associates's largest Q3 2018 buy was Tortoise Midstream Energy Fund, Inc. Common Stock: 137,534 shares worth $22.1M.
  • Sit Investment Associates added most to Cornerstone Strategic Value Fund in Q3 2018, an estimated $109M increase.
  • Sit Investment Associates's biggest Q3 2018 reduction was BlackRock Credit Allocation Income Trust, cutting an estimated $24.8M.
  • Sit Investment Associates fully exited PIMCO Dynamic Credit and Mortgage Income Fund in Q3 2018, selling an estimated $17.3M.
  • Sit Investment Associates's ten largest holdings make up 19% of its $3.9B portfolio in Q3 2018.
  • Sit Investment Associates opened 48 new positions and closed 53 in Q3 2018.
  • Sit Investment Associates's portfolio value rose 0.39% quarter-over-quarter to $3.9B.

Based on Sit Investment Associates's 13F filing for Q3 2018, filed 14 Nov 2018.