Saratoga Research & Investment Management Long-Term Concentrated

Location: Saratoga, CA

CIK: 0001477872 · Show all filings

Period: Q2 2018 (← Previous) (Next →)

Filing Date: Jul 17, 2018

Total Value: $1.393B (100.0% shares, 0.0% debt)

Holdings (45)

AAPL Apple Inc 7.5%

Value $104M Shares 561,150 Est. Cost $26.21 Unrealized +63.1%

— United Technologies 6.3%

Value $87.22M Shares 697,575 Est. Cost $100.66 Unrealized —

MSFT Microsoft 6.0%

Value $84.25M Shares 854,322 Est. Cost $27.89 Unrealized +221.8%

BRK/B Berkshire Hathaway B 5.7%

Value $79.3M Shares 424,880 Est. Cost $148.75 Unrealized +31.0%

ORCL Oracle 5.5%

Value $76.85M Shares 1,744,270 Est. Cost $30.21 Unrealized +36.3%

CSCO Cisco Systems 5.2%

Value $71.81M Shares 1,668,906 Est. Cost $16.02 Unrealized +116.9%

NVO Novo Nordisk ADR 5.0%

Value $70.18M Shares 1,521,596 Est. Cost $52.83 Unrealized —

Value $64.16M Shares 805,225 Est. Cost $46.31 Unrealized +37.9%

CTSH Cognizant Tech Solutions 4.5%

Value $62.07M Shares 785,758 Est. Cost $47.75 Unrealized +47.5%

WMT Walmart Inc 4.2%

Value $59.14M Shares 690,465 Est. Cost $19.22 Unrealized +31.4%

IBM Int'l Business Machines 4.2%

Value $58.96M Shares 422,055 Est. Cost $98.97 Unrealized +1.0%

CHRW C.H. Robinson Worldwide 4.0%

Value $56.08M Shares 670,297 Est. Cost $45.92 Unrealized +62.2%

BIIB Biogen Inc 3.3%

Value $46.43M Shares 159,973 Est. Cost $271.96 Unrealized +3.4%

PG Procter & Gamble 3.2%

Value $45.13M Shares 578,151 Est. Cost $57.31 Unrealized +7.8%

DIS Disney Walt Co 2.9%

Value $40.95M Shares 390,754 Est. Cost $97.24 Unrealized -0.1%

MDT Medtronic PLC 2.6%

Value $36.65M Shares 428,042 Est. Cost $59.92 Unrealized +14.4%

EXPD Expeditors Int'l of WA 2.5%

Value $34.74M Shares 475,285 Est. Cost $42.68 Unrealized +49.1%

GOOGL Alphabet Inc Cl A 2.5%

Value $34.23M Shares 30,315 Est. Cost $41.57 Unrealized +29.9%

SBUX Starbucks 2.4%

Value $33.27M Shares 680,962 Est. Cost $47.40 Unrealized +1.4%

PEP Pepsico 2.2%

Value $31M Shares 284,731 Est. Cost $63.94 Unrealized +27.8%

— Varian Medical Systems 2.2%

Value $30.82M Shares 270,989 Est. Cost $75.17 Unrealized —

ACN Accenture Ltd New 2.1%

Value $29.57M Shares 180,773 Est. Cost $65.18 Unrealized +113.7%

JNJ Johnson & Johnson 2.1%

Value $28.91M Shares 238,218 Est. Cost $59.93 Unrealized +68.0%

— Reckitt Benckiser Group PLC AD 2.0%

Value $27.98M Shares 1,693,986 Est. Cost $16.51 Unrealized —

PII Polaris Industries 2.0%

Value $27.71M Shares 226,839 Est. Cost $88.85 Unrealized +31.7%

KO Coca-Cola 1.9%

Value $26.66M Shares 607,944 Est. Cost $27.77 Unrealized +22.5%

BDX Becton, Dickinson & Co 1.8%

Value $25.24M Shares 105,371 Est. Cost $117.39 Unrealized +69.0%

OMC Omnicom Group 0.8%

Value $11.74M Shares 153,948 Est. Cost $40.83 Unrealized +37.4%

AMGN Amgen 0.1%

Value $1.335M Shares 7,231 Est. Cost $142.83 Unrealized -1.8%

DEO Diageo PLC ADR 0.1%

Value $1.255M Shares 8,713 Est. Cost $129.17 Unrealized —

V Visa Inc 0.1%

Value $836K Shares 6,311 Est. Cost $109.48 Unrealized +11.5%

PAYX Paychex 0.0%

Value $509K Shares 7,445 Est. Cost $27.29 Unrealized +88.8%

GOOG Alphabet Inc Cl C 0.0%

Value $479K Shares 429 Est. Cost $45.93 Unrealized +16.8%

— Monmouth Real Estate Investmen 0.0%

Value $455K Shares 27,545 Est. Cost $9.80 Unrealized —

INTC Intel 0.0%

Value $407K Shares 8,185 Est. Cost $17.08 Unrealized +163.7%

OKE ONEOK Inc New 0.0%

Value $368K Shares 5,269 Est. Cost $30.31 Unrealized +31.2%

BMY Bristol-Myers Squibb 0.0%

Value $316K Shares 5,710 Est. Cost $28.67 Unrealized +41.8%

— Magellan Midstream Partners LP 0.0%

Value $311K Shares 4,500 Est. Cost $58.15 Unrealized —

MO Altria Group 0.0%

Value $301K Shares 5,300 Est. Cost $16.28 Unrealized +97.8%

XOM Exxon Mobil 0.0%

Value $289K Shares 3,495 Est. Cost $56.14 Unrealized 0.0%

BRK/A Berkshire Hathaway A 0.0%

Value $282K Shares 1 Est. Cost $199512.94 Unrealized +46.8%

TPR Tapestry Inc 0.0%

Value $262K Shares 5,605 Est. Cost $32.95 Unrealized +18.4%

PFE Pfizer 0.0%

Value $253K Shares 6,970 Est. Cost $16.85 Unrealized +44.2%

— Kellogg Company 0.0%

Value $211K Shares 3,020 Est. Cost $44.96 Unrealized 0.0%

ENB Enbridge Inc 0.0%

Value $205K Shares 5,739 Est. Cost $19.78 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	Apple Inc	561,150	$104M	7.5%	$26.21	+63.1%	COM	037833100
—	United Technologies	697,575	$87.22M	6.3%	$100.66	—	COM	913017109
MSFT	Microsoft	854,322	$84.25M	6.0%	$27.89	+221.8%	COM	594918104
BRK/B	Berkshire Hathaway B	424,880	$79.3M	5.7%	$148.75	+31.0%	COM	084670702
ORCL	Oracle	1,744,270	$76.85M	5.5%	$30.21	+36.3%	COM	68389X105
CSCO	Cisco Systems	1,668,906	$71.81M	5.2%	$16.02	+116.9%	COM	17275R102
NVO	Novo Nordisk ADR	1,521,596	$70.18M	5.0%	$52.83	—	COM	670100205
NKE	NIKE	805,225	$64.16M	4.6%	$46.31	+37.9%	COM	654106103
CTSH	Cognizant Tech Solutions	785,758	$62.07M	4.5%	$47.75	+47.5%	COM	192446102
WMT	Walmart Inc	690,465	$59.14M	4.2%	$19.22	+31.4%	COM	931142103
IBM	Int'l Business Machines	422,055	$58.96M	4.2%	$98.97	+1.0%	COM	459200101
CHRW	C.H. Robinson Worldwide	670,297	$56.08M	4.0%	$45.92	+62.2%	COM	12541W209
BIIB	Biogen Inc	159,973	$46.43M	3.3%	$271.96	+3.4%	COM	09062X103
PG	Procter & Gamble	578,151	$45.13M	3.2%	$57.31	+7.8%	COM	742718109
DIS	Disney Walt Co	390,754	$40.95M	2.9%	$97.24	-0.1%	COM	254687106
MDT	Medtronic PLC	428,042	$36.65M	2.6%	$59.92	+14.4%	COM	G5960L103
EXPD	Expeditors Int'l of WA	475,285	$34.74M	2.5%	$42.68	+49.1%	COM	302130109
GOOGL	Alphabet Inc Cl A	30,315	$34.23M	2.5%	$41.57	+29.9%	COM	02079K305
SBUX	Starbucks	680,962	$33.27M	2.4%	$47.40	+1.4%	COM	855244109
PEP	Pepsico	284,731	$31M	2.2%	$63.94	+27.8%	COM	713448108
—	Varian Medical Systems	270,989	$30.82M	2.2%	$75.17	—	COM	92220P105
ACN	Accenture Ltd New	180,773	$29.57M	2.1%	$65.18	+113.7%	COM	G1151C101
JNJ	Johnson & Johnson	238,218	$28.91M	2.1%	$59.93	+68.0%	COM	478160104
—	Reckitt Benckiser Group PLC AD	1,693,986	$27.98M	2.0%	$16.51	—	COM	756255204
PII	Polaris Industries	226,839	$27.71M	2.0%	$88.85	+31.7%	COM	731068102
KO	Coca-Cola	607,944	$26.66M	1.9%	$27.77	+22.5%	COM	191216100
BDX	Becton, Dickinson & Co	105,371	$25.24M	1.8%	$117.39	+69.0%	COM	075887109
OMC	Omnicom Group	153,948	$11.74M	0.8%	$40.83	+37.4%	COM	681919106
AMGN	Amgen	7,231	$1.335M	0.1%	$142.83	-1.8%	COM	031162100
DEO	Diageo PLC ADR	8,713	$1.255M	0.1%	$129.17	—	COM	25243Q205
V	Visa Inc	6,311	$836K	0.1%	$109.48	+11.5%	COM	92826C839
PAYX	Paychex	7,445	$509K	0.0%	$27.29	+88.8%	COM	704326107
GOOG	Alphabet Inc Cl C	429	$479K	0.0%	$45.93	+16.8%	COM	02079K107
—	Monmouth Real Estate Investmen	27,545	$455K	0.0%	$9.80	—	REIT	609720107
INTC	Intel	8,185	$407K	0.0%	$17.08	+163.7%	COM	458140100
OKE	ONEOK Inc New	5,269	$368K	0.0%	$30.31	+31.2%	COM	682680103
BMY	Bristol-Myers Squibb	5,710	$316K	0.0%	$28.67	+41.8%	COM	110122108
—	Magellan Midstream Partners LP	4,500	$311K	0.0%	$58.15	—	ETP	559080106
MO	Altria Group	5,300	$301K	0.0%	$16.28	+97.8%	COM	02209S103
XOM	Exxon Mobil	3,495	$289K	0.0%	$56.14	0.0%	COM	30231G102
BRK/A	Berkshire Hathaway A	1	$282K	0.0%	$199512.94	+46.8%	COM	084670108
TPR	Tapestry Inc	5,605	$262K	0.0%	$32.95	+18.4%	COM	876030107
PFE	Pfizer	6,970	$253K	0.0%	$16.85	+44.2%	COM	717081103
—	Kellogg Company	3,020	$211K	0.0%	$44.96	0.0%	COM	487836108
ENB	Enbridge Inc	5,739	$205K	0.0%	$19.78	0.0%	COM	29250N105