Saratoga Research & Investment Management Long-Term Concentrated

CIK: 0001477872 · Show all filings

Period: Q4 2022 (← Previous) (Next →)

Filing Date: Feb 13, 2023

Total Value ($000): $2,022,228 (100.0% shares, 0.0% debt)

Holdings (45)

ORCL Oracle 6.6%

Value ($000) $133,774 Shares 1,636,579 Est. Cost $35.07 Unrealized +108.7%

RTX Raytheon Technologies 6.4%

Value ($000) $129,076 Shares 1,278,993 Est. Cost $56.99 Unrealized +53.8%

MSFT Microsoft 5.3%

Value ($000) $107,594 Shares 448,643 Est. Cost $67.06 Unrealized +249.0%

DIS Disney Walt Co 5.1%

Value ($000) $102,604 Shares 1,180,987 Est. Cost $115.40 Unrealized -19.0%

— Unilever PLC 5.0%

Value ($000) $101,061 Shares 2,007,172 Est. Cost $54.41 Unrealized —

NVO Novo Nordisk ADR 4.5%

Value ($000) $91,806 Shares 678,337 Est. Cost $54.14 Unrealized —

BRK/B Berkshire Hathaway B 4.4%

Value ($000) $89,271 Shares 288,995 Est. Cost $165.85 Unrealized +79.1%

HD Home Depot 4.3%

Value ($000) $86,698 Shares 274,483 Est. Cost $272.99 Unrealized +3.0%

GOOGL Alphabet Inc Cl A 4.1%

Value ($000) $83,368 Shares 944,898 Est. Cost $107.53 Unrealized -12.3%

MDT Medtronic PLC 3.8%

Value ($000) $76,999 Shares 990,723 Est. Cost $78.63 Unrealized -6.6%

SBUX Starbucks 3.7%

Value ($000) $74,273 Shares 748,718 Est. Cost $68.92 Unrealized +27.0%

JNJ Johnson & Johnson 3.5%

Value ($000) $71,370 Shares 404,020 Est. Cost $96.55 Unrealized +62.7%

AAPL Apple Inc 3.5%

Value ($000) $70,434 Shares 542,092 Est. Cost $79.71 Unrealized +76.5%

GD General Dynamics 3.4%

Value ($000) $68,645 Shares 276,671 Est. Cost $137.96 Unrealized +65.9%

Value ($000) $67,493 Shares 576,815 Est. Cost $68.78 Unrealized +38.6%

ACN Accenture Ltd New 2.8%

Value ($000) $56,939 Shares 213,384 Est. Cost $179.90 Unrealized +46.8%

CHRW C.H. Robinson Worldwide 2.8%

Value ($000) $55,836 Shares 609,834 Est. Cost $62.08 Unrealized +41.6%

IFF Int'l Flavors & Frag 2.7%

Value ($000) $54,093 Shares 515,954 Est. Cost $105.99 Unrealized -15.2%

BDX Becton, Dickinson & Co 2.6%

Value ($000) $52,946 Shares 208,202 Est. Cost $188.14 Unrealized +18.6%

RHHBY Roche Holding AG 2.6%

Value ($000) $52,279 Shares 1,335,343 Est. Cost $42.40 Unrealized —

ADBE Adobe Systems 2.6%

Value ($000) $51,606 Shares 153,346 Est. Cost $481.70 Unrealized -33.6%

BIIB Biogen Inc 2.5%

Value ($000) $50,967 Shares 184,049 Est. Cost $260.68 Unrealized +8.3%

V Visa Inc 2.5%

Value ($000) $50,386 Shares 242,519 Est. Cost $214.38 Unrealized -8.1%

WMT Walmart Inc 2.3%

Value ($000) $46,999 Shares 331,469 Est. Cost $26.59 Unrealized +71.7%

CTSH Cognizant Tech Solutions 1.9%

Value ($000) $37,866 Shares 662,103 Est. Cost $50.97 Unrealized +9.3%

CSCO Cisco Systems 1.7%

Value ($000) $34,048 Shares 714,695 Est. Cost $18.69 Unrealized +121.9%

— Reckitt Benckiser Group PLC AD 1.6%

Value ($000) $32,585 Shares 2,312,603 Est. Cost $16.69 Unrealized —

PG Procter & Gamble 1.6%

Value ($000) $31,429 Shares 207,369 Est. Cost $63.77 Unrealized +103.5%

MMM 3M Company 0.7%

Value ($000) $14,685 Shares 122,454 Est. Cost $119.74 Unrealized -24.3%

PEP Pepsico 0.7%

Value ($000) $13,654 Shares 75,580 Est. Cost $79.97 Unrealized +101.2%

AMGN Amgen 0.5%

Value ($000) $9,261 Shares 35,261 Est. Cost $171.17 Unrealized +41.8%

KO Coca-Cola 0.4%

Value ($000) $8,616 Shares 135,452 Est. Cost $27.94 Unrealized +96.6%

JQUA JP Morgan US Quality Factor ET 0.2%

Value ($000) $4,605 Shares 118,837 Est. Cost $38.75 Unrealized —

CL Colgate-Palmolive 0.2%

Value ($000) $3,347 Shares 42,475 Est. Cost $69.89 Unrealized -0.2%

GOOG Alphabet Inc Cl C 0.1%

Value ($000) $1,473 Shares 16,599 Est. Cost $109.52 Unrealized -13.5%

SAP SAP AG Spons ADR 0.0%

Value ($000) $971 Shares 9,407 Est. Cost $122.18 Unrealized —

PAYX Paychex 0.0%

Value ($000) $589 Shares 5,093 Est. Cost $27.96 Unrealized +281.1%

TROW T Rowe Price Group 0.0%

Value ($000) $572 Shares 5,247 Est. Cost $117.54 Unrealized -17.1%

LMT Lockheed Martin 0.0%

Value ($000) $438 Shares 900 Est. Cost $308.96 Unrealized +38.1%

PFE Pfizer 0.0%

Value ($000) $295 Shares 5,764 Est. Cost $17.07 Unrealized +135.4%

IBM Int'l Business Machines 0.0%

Value ($000) $294 Shares 2,087 Est. Cost $98.58 Unrealized +24.8%

BMY Bristol-Myers Squibb 0.0%

Value ($000) $281 Shares 3,901 Est. Cost $28.67 Unrealized +127.5%

PII Polaris Industries 0.0%

Value ($000) $276 Shares 2,736 Est. Cost $117.57 Unrealized -11.4%

— Magellan Midstream Partners LP 0.0%

Value ($000) $226 Shares 4,500 Est. Cost $48.89 Unrealized —

AMZN Amazon.com 0.0%

Value ($000) $203 Shares 2,420 Est. Cost $126.86 Unrealized -22.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
ORCL	Oracle	1,636,579	$133,774	6.6%	$35.07	+108.7%	COM	68389X105
RTX	Raytheon Technologies	1,278,993	$129,076	6.4%	$56.99	+53.8%	COM	75513E101
MSFT	Microsoft	448,643	$107,594	5.3%	$67.06	+249.0%	COM	594918104
DIS	Disney Walt Co	1,180,987	$102,604	5.1%	$115.40	-19.0%	COM	254687106
—	Unilever PLC	2,007,172	$101,061	5.0%	$54.41	—	COM	904767704
NVO	Novo Nordisk ADR	678,337	$91,806	4.5%	$54.14	—	COM	670100205
BRK/B	Berkshire Hathaway B	288,995	$89,271	4.4%	$165.85	+79.1%	COM	084670702
HD	Home Depot	274,483	$86,698	4.3%	$272.99	+3.0%	COM	437076102
GOOGL	Alphabet Inc Cl A	944,898	$83,368	4.1%	$107.53	-12.3%	COM	02079K305
MDT	Medtronic PLC	990,723	$76,999	3.8%	$78.63	-6.6%	COM	G5960L103
SBUX	Starbucks	748,718	$74,273	3.7%	$68.92	+27.0%	COM	855244109
JNJ	Johnson & Johnson	404,020	$71,370	3.5%	$96.55	+62.7%	COM	478160104
AAPL	Apple Inc	542,092	$70,434	3.5%	$79.71	+76.5%	COM	037833100
GD	General Dynamics	276,671	$68,645	3.4%	$137.96	+65.9%	COM	369550108
NKE	NIKE	576,815	$67,493	3.3%	$68.78	+38.6%	COM	654106103
ACN	Accenture Ltd New	213,384	$56,939	2.8%	$179.90	+46.8%	COM	G1151C101
CHRW	C.H. Robinson Worldwide	609,834	$55,836	2.8%	$62.08	+41.6%	COM	12541W209
IFF	Int'l Flavors & Frag	515,954	$54,093	2.7%	$105.99	-15.2%	COM	459506101
BDX	Becton, Dickinson & Co	208,202	$52,946	2.6%	$188.14	+18.6%	COM	075887109
RHHBY	Roche Holding AG	1,335,343	$52,279	2.6%	$42.40	—	COM	771195104
ADBE	Adobe Systems	153,346	$51,606	2.6%	$481.70	-33.6%	COM	00724F101
BIIB	Biogen Inc	184,049	$50,967	2.5%	$260.68	+8.3%	COM	09062X103
V	Visa Inc	242,519	$50,386	2.5%	$214.38	-8.1%	COM	92826C839
WMT	Walmart Inc	331,469	$46,999	2.3%	$26.59	+71.7%	COM	931142103
CTSH	Cognizant Tech Solutions	662,103	$37,866	1.9%	$50.97	+9.3%	COM	192446102
CSCO	Cisco Systems	714,695	$34,048	1.7%	$18.69	+121.9%	COM	17275R102
—	Reckitt Benckiser Group PLC AD	2,312,603	$32,585	1.6%	$16.69	—	COM	756255204
PG	Procter & Gamble	207,369	$31,429	1.6%	$63.77	+103.5%	COM	742718109
MMM	3M Company	122,454	$14,685	0.7%	$119.74	-24.3%	COM	88579Y101
PEP	Pepsico	75,580	$13,654	0.7%	$79.97	+101.2%	COM	713448108
AMGN	Amgen	35,261	$9,261	0.5%	$171.17	+41.8%	COM	031162100
KO	Coca-Cola	135,452	$8,616	0.4%	$27.94	+96.6%	COM	191216100
JQUA	JP Morgan US Quality Factor ET	118,837	$4,605	0.2%	$38.75	—	ETF	46641Q761
CL	Colgate-Palmolive	42,475	$3,347	0.2%	$69.89	-0.2%	COM	194162103
GOOG	Alphabet Inc Cl C	16,599	$1,473	0.1%	$109.52	-13.5%	COM	02079K107
SAP	SAP AG Spons ADR	9,407	$971	0.0%	$122.18	—	COM	803054204
PAYX	Paychex	5,093	$589	0.0%	$27.96	+281.1%	COM	704326107
TROW	T Rowe Price Group	5,247	$572	0.0%	$117.54	-17.1%	COM	74144T108
LMT	Lockheed Martin	900	$438	0.0%	$308.96	+38.1%	COM	539830109
PFE	Pfizer	5,764	$295	0.0%	$17.07	+135.4%	COM	717081103
IBM	Int'l Business Machines	2,087	$294	0.0%	$98.58	+24.8%	COM	459200101
BMY	Bristol-Myers Squibb	3,901	$281	0.0%	$28.67	+127.5%	COM	110122108
PII	Polaris Industries	2,736	$276	0.0%	$117.57	-11.4%	COM	731068102
—	Magellan Midstream Partners LP	4,500	$226	0.0%	$48.89	—	ETP	559080106
AMZN	Amazon.com	2,420	$203	0.0%	$126.86	-22.1%	COM	023135106