Saratoga Research & Investment Management Long-Term Concentrated

CIK: 0001477872 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 13, 2020

Total Value ($000): $1,442,464 (100.0% shares, 0.0% debt)

Holdings (44)

BRK/B Berkshire Hathaway B 6.5%

Value ($000) $94,156 Shares 514,993 Est. Cost $161.21 Unrealized +31.8%

NVO Novo Nordisk ADR 6.3%

Value ($000) $91,549 Shares 1,520,750 Est. Cost $52.76 Unrealized —

AAPL Apple Inc 5.7%

Value ($000) $82,672 Shares 325,110 Est. Cost $27.93 Unrealized +154.5%

ORCL Oracle 5.6%

Value ($000) $81,463 Shares 1,685,556 Est. Cost $30.92 Unrealized +53.6%

— United Technologies 5.5%

Value ($000) $79,786 Shares 845,820 Est. Cost $102.73 Unrealized —

DIS Disney Walt Co 5.4%

Value ($000) $77,860 Shares 806,000 Est. Cost $106.50 Unrealized +16.0%

BIIB Biogen Inc 5.4%

Value ($000) $77,810 Shares 245,938 Est. Cost $261.47 Unrealized +16.1%

MSFT Microsoft 5.4%

Value ($000) $77,521 Shares 491,541 Est. Cost $27.89 Unrealized +460.5%

CHRW C.H. Robinson Worldwide 4.9%

Value ($000) $70,477 Shares 1,064,614 Est. Cost $55.23 Unrealized +13.0%

CSCO Cisco Systems 4.4%

Value ($000) $63,646 Shares 1,619,080 Est. Cost $17.35 Unrealized +111.3%

GOOGL Alphabet Inc Cl A 3.9%

Value ($000) $55,814 Shares 48,035 Est. Cost $50.85 Unrealized +32.3%

Value ($000) $48,828 Shares 590,137 Est. Cost $47.86 Unrealized +79.5%

MDT Medtronic PLC 3.3%

Value ($000) $48,042 Shares 532,729 Est. Cost $68.47 Unrealized +31.7%

CTSH Cognizant Tech Solutions 3.2%

Value ($000) $46,411 Shares 998,732 Est. Cost $50.19 Unrealized +8.6%

PEP Pepsico 3.2%

Value ($000) $45,932 Shares 382,452 Est. Cost $77.94 Unrealized +44.7%

SBUX Starbucks 3.0%

Value ($000) $42,651 Shares 648,781 Est. Cost $48.75 Unrealized +45.6%

JNJ Johnson & Johnson 2.9%

Value ($000) $42,414 Shares 323,449 Est. Cost $80.21 Unrealized +49.8%

PG Procter & Gamble 2.8%

Value ($000) $40,620 Shares 369,270 Est. Cost $62.45 Unrealized +66.3%

WMT Walmart Inc 2.5%

Value ($000) $36,660 Shares 322,655 Est. Cost $19.43 Unrealized +82.0%

MMM 3M Company 2.5%

Value ($000) $35,397 Shares 259,301 Est. Cost $117.09 Unrealized -9.5%

— Reckitt Benckiser Group PLC AD 2.2%

Value ($000) $31,141 Shares 2,021,506 Est. Cost $16.44 Unrealized —

GD General Dynamics 2.1%

Value ($000) $30,658 Shares 231,713 Est. Cost $144.98 Unrealized 0.0%

EXPD Expeditors Int'l of WA 1.9%

Value ($000) $27,578 Shares 413,338 Est. Cost $43.25 Unrealized +53.8%

ACN Accenture Ltd New 1.7%

Value ($000) $24,784 Shares 151,807 Est. Cost $115.53 Unrealized +53.2%

— Varian Medical Systems 1.4%

Value ($000) $20,674 Shares 201,380 Est. Cost $75.17 Unrealized —

IFF Int'l Flavors & Frag 1.4%

Value ($000) $20,638 Shares 202,171 Est. Cost $106.08 Unrealized 0.0%

BDX Becton, Dickinson & Co 1.3%

Value ($000) $18,128 Shares 78,896 Est. Cost $117.39 Unrealized +91.6%

KO Coca-Cola 1.0%

Value ($000) $14,151 Shares 319,797 Est. Cost $27.77 Unrealized +62.0%

AMGN Amgen 0.4%

Value ($000) $5,507 Shares 27,164 Est. Cost $157.33 Unrealized +15.8%

V Visa Inc 0.3%

Value ($000) $4,912 Shares 30,488 Est. Cost $152.93 Unrealized +18.2%

QUAL iShares Edge MSCI USA Quality 0.1%

Value ($000) $783 Shares 9,666 Est. Cost $81.01 Unrealized —

GOOG Alphabet Inc Cl C 0.0%

Value ($000) $628 Shares 540 Est. Cost $54.51 Unrealized +23.6%

INTC Intel 0.0%

Value ($000) $423 Shares 7,815 Est. Cost $17.08 Unrealized +206.4%

PAYX Paychex 0.0%

Value ($000) $398 Shares 6,325 Est. Cost $27.96 Unrealized +141.1%

BEN Franklin Resources 0.0%

Value ($000) $326 Shares 19,537 Est. Cost $22.69 Unrealized -24.6%

BMY Bristol-Myers Squibb 0.0%

Value ($000) $315 Shares 5,645 Est. Cost $28.67 Unrealized +69.5%

— Monmouth Real Estate Investmen 0.0%

Value ($000) $309 Shares 25,659 Est. Cost $9.86 Unrealized —

IBM Int'l Business Machines 0.0%

Value ($000) $275 Shares 2,476 Est. Cost $98.58 Unrealized -0.3%

AMZN Amazon.com 0.0%

Value ($000) $236 Shares 121 Est. Cost $96.79 Unrealized 0.0%

NGG National Grid PLC New 0.0%

Value ($000) $226 Shares 3,871 Est. Cost $55.81 Unrealized —

PFE Pfizer 0.0%

Value ($000) $212 Shares 6,489 Est. Cost $17.07 Unrealized +51.3%

MO Altria Group 0.0%

Value ($000) $205 Shares 5,300 Est. Cost $16.28 Unrealized +69.3%

TPR Tapestry Inc 0.0%

Value ($000) $180 Shares 13,897 Est. Cost $22.38 Unrealized -8.6%

UBFO United Security Bancshares 0.0%

Value ($000) $68 Shares 10,700 Est. Cost $6.28 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	Berkshire Hathaway B	514,993	$94,156	6.5%	$161.21	+31.8%	COM	084670702
NVO	Novo Nordisk ADR	1,520,750	$91,549	6.3%	$52.76	—	COM	670100205
AAPL	Apple Inc	325,110	$82,672	5.7%	$27.93	+154.5%	COM	037833100
ORCL	Oracle	1,685,556	$81,463	5.6%	$30.92	+53.6%	COM	68389X105
—	United Technologies	845,820	$79,786	5.5%	$102.73	—	COM	913017109
DIS	Disney Walt Co	806,000	$77,860	5.4%	$106.50	+16.0%	COM	254687106
BIIB	Biogen Inc	245,938	$77,810	5.4%	$261.47	+16.1%	COM	09062X103
MSFT	Microsoft	491,541	$77,521	5.4%	$27.89	+460.5%	COM	594918104
CHRW	C.H. Robinson Worldwide	1,064,614	$70,477	4.9%	$55.23	+13.0%	COM	12541W209
CSCO	Cisco Systems	1,619,080	$63,646	4.4%	$17.35	+111.3%	COM	17275R102
GOOGL	Alphabet Inc Cl A	48,035	$55,814	3.9%	$50.85	+32.3%	COM	02079K305
NKE	NIKE	590,137	$48,828	3.4%	$47.86	+79.5%	COM	654106103
MDT	Medtronic PLC	532,729	$48,042	3.3%	$68.47	+31.7%	COM	G5960L103
CTSH	Cognizant Tech Solutions	998,732	$46,411	3.2%	$50.19	+8.6%	COM	192446102
PEP	Pepsico	382,452	$45,932	3.2%	$77.94	+44.7%	COM	713448108
SBUX	Starbucks	648,781	$42,651	3.0%	$48.75	+45.6%	COM	855244109
JNJ	Johnson & Johnson	323,449	$42,414	2.9%	$80.21	+49.8%	COM	478160104
PG	Procter & Gamble	369,270	$40,620	2.8%	$62.45	+66.3%	COM	742718109
WMT	Walmart Inc	322,655	$36,660	2.5%	$19.43	+82.0%	COM	931142103
MMM	3M Company	259,301	$35,397	2.5%	$117.09	-9.5%	COM	88579Y101
—	Reckitt Benckiser Group PLC AD	2,021,506	$31,141	2.2%	$16.44	—	COM	756255204
GD	General Dynamics	231,713	$30,658	2.1%	$144.98	0.0%	COM	369550108
EXPD	Expeditors Int'l of WA	413,338	$27,578	1.9%	$43.25	+53.8%	COM	302130109
ACN	Accenture Ltd New	151,807	$24,784	1.7%	$115.53	+53.2%	COM	G1151C101
—	Varian Medical Systems	201,380	$20,674	1.4%	$75.17	—	COM	92220P105
IFF	Int'l Flavors & Frag	202,171	$20,638	1.4%	$106.08	0.0%	COM	459506101
BDX	Becton, Dickinson & Co	78,896	$18,128	1.3%	$117.39	+91.6%	COM	075887109
KO	Coca-Cola	319,797	$14,151	1.0%	$27.77	+62.0%	COM	191216100
AMGN	Amgen	27,164	$5,507	0.4%	$157.33	+15.8%	COM	031162100
V	Visa Inc	30,488	$4,912	0.3%	$152.93	+18.2%	COM	92826C839
QUAL	iShares Edge MSCI USA Quality	9,666	$783	0.1%	$81.01	—	ETF	46432F339
GOOG	Alphabet Inc Cl C	540	$628	0.0%	$54.51	+23.6%	COM	02079K107
INTC	Intel	7,815	$423	0.0%	$17.08	+206.4%	COM	458140100
PAYX	Paychex	6,325	$398	0.0%	$27.96	+141.1%	COM	704326107
BEN	Franklin Resources	19,537	$326	0.0%	$22.69	-24.6%	COM	354613101
BMY	Bristol-Myers Squibb	5,645	$315	0.0%	$28.67	+69.5%	COM	110122108
—	Monmouth Real Estate Investmen	25,659	$309	0.0%	$9.86	—	REIT	609720107
IBM	Int'l Business Machines	2,476	$275	0.0%	$98.58	-0.3%	COM	459200101
AMZN	Amazon.com	121	$236	0.0%	$96.79	0.0%	COM	023135106
NGG	National Grid PLC New	3,871	$226	0.0%	$55.81	—	COM	636274409
PFE	Pfizer	6,489	$212	0.0%	$17.07	+51.3%	COM	717081103
MO	Altria Group	5,300	$205	0.0%	$16.28	+69.3%	COM	02209S103
TPR	Tapestry Inc	13,897	$180	0.0%	$22.38	-8.6%	COM	876030107
UBFO	United Security Bancshares	10,700	$68	0.0%	$6.28	0.0%	COM	911460103