Saratoga Research & Investment Management Long-Term Concentrated

Location: Saratoga, CA

CIK: 0001477872 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: Apr 18, 2019

Total Value: $1.464B (100.0% shares, 0.0% debt)

Holdings (44)

AAPL Apple Inc 7.6%

Value $111M Shares 586,753 Est. Cost $27.64 Unrealized +46.3%

— United Technologies 6.4%

Value $93.52M Shares 725,580 Est. Cost $102.87 Unrealized —

BRK/B Berkshire Hathaway B 6.2%

Value $90.84M Shares 452,190 Est. Cost $155.24 Unrealized +30.0%

ORCL Oracle 6.0%

Value $87.46M Shares 1,628,342 Est. Cost $30.41 Unrealized +51.5%

CSCO Cisco Systems 5.8%

Value $84.8M Shares 1,570,643 Est. Cost $16.48 Unrealized +139.7%

NVO Novo Nordisk ADR 5.4%

Value $79.01M Shares 1,510,346 Est. Cost $52.81 Unrealized —

DIS Disney Walt Co 4.9%

Value $72.03M Shares 648,732 Est. Cost $101.77 Unrealized +6.0%

MSFT Microsoft 4.6%

Value $67.97M Shares 576,337 Est. Cost $27.89 Unrealized +266.7%

WMT Walmart Inc 4.3%

Value $63.43M Shares 650,359 Est. Cost $19.43 Unrealized +50.5%

IBM Int'l Business Machines 4.3%

Value $62.48M Shares 442,827 Est. Cost $98.56 Unrealized -4.0%

CTSH Cognizant Tech Solutions 4.0%

Value $58.43M Shares 806,525 Est. Cost $48.76 Unrealized +29.6%

CHRW C.H. Robinson Worldwide 3.8%

Value $56.37M Shares 648,000 Est. Cost $47.41 Unrealized +57.1%

PG Procter & Gamble 3.8%

Value $55.44M Shares 532,786 Est. Cost $57.31 Unrealized +43.2%

Value $54.65M Shares 648,945 Est. Cost $47.53 Unrealized +58.6%

SBUX Starbucks 3.5%

Value $51.76M Shares 696,222 Est. Cost $48.12 Unrealized +23.1%

BIIB Biogen Inc 2.6%

Value $37.98M Shares 160,680 Est. Cost $275.91 Unrealized +14.1%

GOOGL Alphabet Inc Cl A 2.5%

Value $36.86M Shares 31,323 Est. Cost $42.95 Unrealized +30.5%

MDT Medtronic PLC 2.4%

Value $35.39M Shares 388,536 Est. Cost $59.92 Unrealized +24.0%

PEP Pepsico 2.4%

Value $35.34M Shares 288,382 Est. Cost $65.39 Unrealized +41.4%

— Varian Medical Systems 2.3%

Value $33.76M Shares 238,195 Est. Cost $75.17 Unrealized —

EXPD Expeditors Int'l of WA 2.2%

Value $32.93M Shares 433,885 Est. Cost $43.25 Unrealized +53.5%

JNJ Johnson & Johnson 2.1%

Value $30.28M Shares 216,585 Est. Cost $59.93 Unrealized +84.1%

— Reckitt Benckiser Group PLC AD 2.1%

Value $30.23M Shares 1,785,386 Est. Cost $16.51 Unrealized —

ACN Accenture Ltd New 1.8%

Value $26.09M Shares 148,251 Est. Cost $65.18 Unrealized +118.1%

KO Coca-Cola 1.7%

Value $24.79M Shares 529,015 Est. Cost $27.77 Unrealized +36.0%

BDX Becton, Dickinson & Co 1.6%

Value $23.09M Shares 92,469 Est. Cost $117.39 Unrealized +81.2%

PII Polaris Industries 1.2%

Value $17.58M Shares 208,249 Est. Cost $88.85 Unrealized -4.5%

AMGN Amgen 0.2%

Value $2.497M Shares 13,143 Est. Cost $148.78 Unrealized +4.0%

V Visa Inc 0.1%

Value $1.652M Shares 10,580 Est. Cost $121.58 Unrealized +13.0%

DEO Diageo PLC ADR 0.1%

Value $1.444M Shares 8,827 Est. Cost $131.32 Unrealized —

BEN Franklin Resources 0.0%

Value $627K Shares 18,925 Est. Cost $22.74 Unrealized -0.1%

PAYX Paychex 0.0%

Value $597K Shares 7,440 Est. Cost $27.96 Unrealized +116.2%

INTC Intel 0.0%

Value $440K Shares 8,185 Est. Cost $17.08 Unrealized +156.6%

GOOG Alphabet Inc Cl C 0.0%

Value $394K Shares 336 Est. Cost $47.88 Unrealized +16.3%

— Monmouth Real Estate Investmen 0.0%

Value $363K Shares 27,545 Est. Cost $9.80 Unrealized —

OKE ONEOK Inc New 0.0%

Value $348K Shares 4,978 Est. Cost $30.31 Unrealized +37.3%

MO Altria Group 0.0%

Value $304K Shares 5,300 Est. Cost $16.28 Unrealized +82.6%

BRK/A Berkshire Hathaway A 0.0%

Value $301K Shares 1 Est. Cost $199512.94 Unrealized +51.8%

XOM Exxon Mobil 0.0%

Value $289K Shares 3,580 Est. Cost $56.14 Unrealized -1.3%

— Magellan Midstream Partners LP 0.0%

Value $273K Shares 4,500 Est. Cost $58.15 Unrealized —

BMY Bristol-Myers Squibb 0.0%

Value $272K Shares 5,710 Est. Cost $28.67 Unrealized +33.6%

PFE Pfizer 0.0%

Value $271K Shares 6,375 Est. Cost $16.85 Unrealized +73.5%

NGG National Grid PLC New 0.0%

Value $211K Shares 3,782 Est. Cost $55.79 Unrealized —

ENB Enbridge Inc 0.0%

Value $208K Shares 5,739 Est. Cost $22.89 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	Apple Inc	586,753	$111M	7.6%	$27.64	+46.3%	COM	037833100
—	United Technologies	725,580	$93.52M	6.4%	$102.87	—	COM	913017109
BRK/B	Berkshire Hathaway B	452,190	$90.84M	6.2%	$155.24	+30.0%	COM	084670702
ORCL	Oracle	1,628,342	$87.46M	6.0%	$30.41	+51.5%	COM	68389X105
CSCO	Cisco Systems	1,570,643	$84.8M	5.8%	$16.48	+139.7%	COM	17275R102
NVO	Novo Nordisk ADR	1,510,346	$79.01M	5.4%	$52.81	—	COM	670100205
DIS	Disney Walt Co	648,732	$72.03M	4.9%	$101.77	+6.0%	COM	254687106
MSFT	Microsoft	576,337	$67.97M	4.6%	$27.89	+266.7%	COM	594918104
WMT	Walmart Inc	650,359	$63.43M	4.3%	$19.43	+50.5%	COM	931142103
IBM	Int'l Business Machines	442,827	$62.48M	4.3%	$98.56	-4.0%	COM	459200101
CTSH	Cognizant Tech Solutions	806,525	$58.43M	4.0%	$48.76	+29.6%	COM	192446102
CHRW	C.H. Robinson Worldwide	648,000	$56.37M	3.8%	$47.41	+57.1%	COM	12541W209
PG	Procter & Gamble	532,786	$55.44M	3.8%	$57.31	+43.2%	COM	742718109
NKE	NIKE	648,945	$54.65M	3.7%	$47.53	+58.6%	COM	654106103
SBUX	Starbucks	696,222	$51.76M	3.5%	$48.12	+23.1%	COM	855244109
BIIB	Biogen Inc	160,680	$37.98M	2.6%	$275.91	+14.1%	COM	09062X103
GOOGL	Alphabet Inc Cl A	31,323	$36.86M	2.5%	$42.95	+30.5%	COM	02079K305
MDT	Medtronic PLC	388,536	$35.39M	2.4%	$59.92	+24.0%	COM	G5960L103
PEP	Pepsico	288,382	$35.34M	2.4%	$65.39	+41.4%	COM	713448108
—	Varian Medical Systems	238,195	$33.76M	2.3%	$75.17	—	COM	92220P105
EXPD	Expeditors Int'l of WA	433,885	$32.93M	2.2%	$43.25	+53.5%	COM	302130109
JNJ	Johnson & Johnson	216,585	$30.28M	2.1%	$59.93	+84.1%	COM	478160104
—	Reckitt Benckiser Group PLC AD	1,785,386	$30.23M	2.1%	$16.51	—	COM	756255204
ACN	Accenture Ltd New	148,251	$26.09M	1.8%	$65.18	+118.1%	COM	G1151C101
KO	Coca-Cola	529,015	$24.79M	1.7%	$27.77	+36.0%	COM	191216100
BDX	Becton, Dickinson & Co	92,469	$23.09M	1.6%	$117.39	+81.2%	COM	075887109
PII	Polaris Industries	208,249	$17.58M	1.2%	$88.85	-4.5%	COM	731068102
AMGN	Amgen	13,143	$2.497M	0.2%	$148.78	+4.0%	COM	031162100
V	Visa Inc	10,580	$1.652M	0.1%	$121.58	+13.0%	COM	92826C839
DEO	Diageo PLC ADR	8,827	$1.444M	0.1%	$131.32	—	COM	25243Q205
BEN	Franklin Resources	18,925	$627K	0.0%	$22.74	-0.1%	COM	354613101
PAYX	Paychex	7,440	$597K	0.0%	$27.96	+116.2%	COM	704326107
INTC	Intel	8,185	$440K	0.0%	$17.08	+156.6%	COM	458140100
GOOG	Alphabet Inc Cl C	336	$394K	0.0%	$47.88	+16.3%	COM	02079K107
—	Monmouth Real Estate Investmen	27,545	$363K	0.0%	$9.80	—	REIT	609720107
OKE	ONEOK Inc New	4,978	$348K	0.0%	$30.31	+37.3%	COM	682680103
MO	Altria Group	5,300	$304K	0.0%	$16.28	+82.6%	COM	02209S103
BRK/A	Berkshire Hathaway A	1	$301K	0.0%	$199512.94	+51.8%	COM	084670108
XOM	Exxon Mobil	3,580	$289K	0.0%	$56.14	-1.3%	COM	30231G102
—	Magellan Midstream Partners LP	4,500	$273K	0.0%	$58.15	—	ETP	559080106
BMY	Bristol-Myers Squibb	5,710	$272K	0.0%	$28.67	+33.6%	COM	110122108
PFE	Pfizer	6,375	$271K	0.0%	$16.85	+73.5%	COM	717081103
NGG	National Grid PLC New	3,782	$211K	0.0%	$55.79	—	COM	636274409
ENB	Enbridge Inc	5,739	$208K	0.0%	$22.89	0.0%	COM	29250N105