Saratoga Research & Investment Management Long-Term Concentrated

CIK: 0001477872 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Jul 24, 2023

Total Value ($000): $2,169,840 (100.0% shares, 0.0% debt)

Holdings (47)

MSFT Microsoft 6.1%

Value ($000) $132,827 Shares 390,049 Est. Cost $67.06 Unrealized +358.1%

RTX RTX Corporation 5.8%

Value ($000) $125,889 Shares 1,285,108 Est. Cost $57.34 Unrealized +60.9%

BRK/B Berkshire Hathaway B 5.8%

Value ($000) $125,865 Shares 369,105 Est. Cost $199.74 Unrealized +63.4%

DIS Disney Walt Co 5.5%

Value ($000) $119,226 Shares 1,335,416 Est. Cost $113.07 Unrealized -18.1%

— Unilever PLC 5.3%

Value ($000) $115,828 Shares 2,221,902 Est. Cost $54.18 Unrealized —

GOOGL Alphabet Inc Cl A 4.9%

Value ($000) $106,148 Shares 886,787 Est. Cost $107.16 Unrealized +6.6%

MDT Medtronic PLC 4.8%

Value ($000) $103,811 Shares 1,178,335 Est. Cost $78.15 Unrealized +1.6%

AAPL Apple Inc 4.5%

Value ($000) $97,859 Shares 504,508 Est. Cost $85.07 Unrealized +102.3%

ORCL Oracle 4.5%

Value ($000) $96,911 Shares 813,761 Est. Cost $35.07 Unrealized +186.3%

HD Home Depot 4.0%

Value ($000) $86,835 Shares 279,535 Est. Cost $273.03 Unrealized +1.2%

ACN Accenture Ltd New 3.6%

Value ($000) $78,676 Shares 254,961 Est. Cost $195.80 Unrealized +42.8%

ADBE Adobe Systems 3.6%

Value ($000) $77,079 Shares 157,630 Est. Cost $474.93 Unrealized -15.2%

JNJ Johnson & Johnson 3.5%

Value ($000) $75,879 Shares 458,425 Est. Cost $102.68 Unrealized +45.0%

NVO Novo Nordisk ADR 3.4%

Value ($000) $74,068 Shares 457,692 Est. Cost $54.14 Unrealized —

RHHBY Roche Holding AG 3.3%

Value ($000) $72,581 Shares 1,900,035 Est. Cost $40.71 Unrealized —

V Visa Inc 2.9%

Value ($000) $62,968 Shares 265,151 Est. Cost $214.66 Unrealized +4.6%

GD General Dynamics 2.8%

Value ($000) $60,225 Shares 279,921 Est. Cost $138.74 Unrealized +47.5%

Value ($000) $58,057 Shares 526,018 Est. Cost $68.78 Unrealized +61.9%

CHRW C.H. Robinson Worldwide 2.6%

Value ($000) $57,310 Shares 607,414 Est. Cost $62.08 Unrealized +45.6%

SBUX Starbucks 2.6%

Value ($000) $56,697 Shares 572,348 Est. Cost $68.92 Unrealized +41.1%

WMT Walmart Inc 2.4%

Value ($000) $51,826 Shares 329,724 Est. Cost $26.59 Unrealized +84.1%

BIIB Biogen Inc 2.4%

Value ($000) $51,000 Shares 179,043 Est. Cost $260.68 Unrealized +14.3%

BDX Becton, Dickinson & Co 2.1%

Value ($000) $45,433 Shares 172,088 Est. Cost $188.14 Unrealized +28.6%

IFF Int'l Flavors & Frag 1.9%

Value ($000) $40,190 Shares 504,967 Est. Cost $105.99 Unrealized -24.4%

CTSH Cognizant Tech Solutions 1.7%

Value ($000) $36,349 Shares 556,812 Est. Cost $50.97 Unrealized +16.4%

CSCO Cisco Systems 1.7%

Value ($000) $35,944 Shares 694,704 Est. Cost $18.69 Unrealized +143.5%

— Reckitt Benckiser Group PLC AD 1.6%

Value ($000) $34,383 Shares 2,263,531 Est. Cost $16.69 Unrealized —

PG Procter & Gamble 1.4%

Value ($000) $30,390 Shares 200,279 Est. Cost $63.77 Unrealized +121.6%

PEP Pepsico 0.6%

Value ($000) $13,795 Shares 74,480 Est. Cost $79.97 Unrealized +113.3%

MMM 3M Company 0.6%

Value ($000) $12,124 Shares 121,132 Est. Cost $119.22 Unrealized -35.0%

CL Colgate-Palmolive 0.5%

Value ($000) $11,376 Shares 147,670 Est. Cost $69.68 Unrealized +4.6%

AMGN Amgen 0.4%

Value ($000) $7,945 Shares 35,783 Est. Cost $171.17 Unrealized +24.8%

KO Coca-Cola 0.4%

Value ($000) $7,899 Shares 131,163 Est. Cost $27.94 Unrealized +105.3%

GOOG Alphabet Inc Cl C 0.1%

Value ($000) $1,850 Shares 15,295 Est. Cost $108.47 Unrealized +5.9%

SAP SAP AG Spons ADR 0.0%

Value ($000) $736 Shares 5,380 Est. Cost $122.18 Unrealized —

TROW T Rowe Price Group 0.0%

Value ($000) $594 Shares 5,302 Est. Cost $117.54 Unrealized -18.0%

PAYX Paychex 0.0%

Value ($000) $566 Shares 5,058 Est. Cost $27.96 Unrealized +261.3%

IBM Int'l Business Machines 0.0%

Value ($000) $432 Shares 3,231 Est. Cost $105.47 Unrealized +11.9%

LMT Lockheed Martin 0.0%

Value ($000) $411 Shares 893 Est. Cost $308.96 Unrealized +39.7%

PII Polaris Industries 0.0%

Value ($000) $332 Shares 2,749 Est. Cost $117.57 Unrealized -6.0%

— Magellan Midstream Partners LP 0.0%

Value ($000) $280 Shares 4,500 Est. Cost $48.89 Unrealized —

AMZN Amazon.com 0.0%

Value ($000) $261 Shares 2,000 Est. Cost $126.86 Unrealized -10.0%

BMY Bristol-Myers Squibb 0.0%

Value ($000) $250 Shares 3,910 Est. Cost $28.67 Unrealized +105.6%

INTC Intel 0.0%

Value ($000) $229 Shares 6,856 Est. Cost $27.52 Unrealized +11.6%

NGG National Grid PLC New 0.0%

Value ($000) $218 Shares 3,245 Est. Cost $67.99 Unrealized —

PFE Pfizer 0.0%

Value ($000) $212 Shares 5,776 Est. Cost $17.07 Unrealized +94.6%

UBFO United Security Bancshares 0.0%

Value ($000) $73 Shares 11,000 Est. Cost $5.29 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	Microsoft	390,049	$132,827	6.1%	$67.06	+358.1%	COM	594918104
RTX	RTX Corporation	1,285,108	$125,889	5.8%	$57.34	+60.9%	COM	75513E101
BRK/B	Berkshire Hathaway B	369,105	$125,865	5.8%	$199.74	+63.4%	COM	084670702
DIS	Disney Walt Co	1,335,416	$119,226	5.5%	$113.07	-18.1%	COM	254687106
—	Unilever PLC	2,221,902	$115,828	5.3%	$54.18	—	COM	904767704
GOOGL	Alphabet Inc Cl A	886,787	$106,148	4.9%	$107.16	+6.6%	COM	02079K305
MDT	Medtronic PLC	1,178,335	$103,811	4.8%	$78.15	+1.6%	COM	G5960L103
AAPL	Apple Inc	504,508	$97,859	4.5%	$85.07	+102.3%	COM	037833100
ORCL	Oracle	813,761	$96,911	4.5%	$35.07	+186.3%	COM	68389X105
HD	Home Depot	279,535	$86,835	4.0%	$273.03	+1.2%	COM	437076102
ACN	Accenture Ltd New	254,961	$78,676	3.6%	$195.80	+42.8%	COM	G1151C101
ADBE	Adobe Systems	157,630	$77,079	3.6%	$474.93	-15.2%	COM	00724F101
JNJ	Johnson & Johnson	458,425	$75,879	3.5%	$102.68	+45.0%	COM	478160104
NVO	Novo Nordisk ADR	457,692	$74,068	3.4%	$54.14	—	COM	670100205
RHHBY	Roche Holding AG	1,900,035	$72,581	3.3%	$40.71	—	COM	771195104
V	Visa Inc	265,151	$62,968	2.9%	$214.66	+4.6%	COM	92826C839
GD	General Dynamics	279,921	$60,225	2.8%	$138.74	+47.5%	COM	369550108
NKE	NIKE	526,018	$58,057	2.7%	$68.78	+61.9%	COM	654106103
CHRW	C.H. Robinson Worldwide	607,414	$57,310	2.6%	$62.08	+45.6%	COM	12541W209
SBUX	Starbucks	572,348	$56,697	2.6%	$68.92	+41.1%	COM	855244109
WMT	Walmart Inc	329,724	$51,826	2.4%	$26.59	+84.1%	COM	931142103
BIIB	Biogen Inc	179,043	$51,000	2.4%	$260.68	+14.3%	COM	09062X103
BDX	Becton, Dickinson & Co	172,088	$45,433	2.1%	$188.14	+28.6%	COM	075887109
IFF	Int'l Flavors & Frag	504,967	$40,190	1.9%	$105.99	-24.4%	COM	459506101
CTSH	Cognizant Tech Solutions	556,812	$36,349	1.7%	$50.97	+16.4%	COM	192446102
CSCO	Cisco Systems	694,704	$35,944	1.7%	$18.69	+143.5%	COM	17275R102
—	Reckitt Benckiser Group PLC AD	2,263,531	$34,383	1.6%	$16.69	—	COM	756255204
PG	Procter & Gamble	200,279	$30,390	1.4%	$63.77	+121.6%	COM	742718109
PEP	Pepsico	74,480	$13,795	0.6%	$79.97	+113.3%	COM	713448108
MMM	3M Company	121,132	$12,124	0.6%	$119.22	-35.0%	COM	88579Y101
CL	Colgate-Palmolive	147,670	$11,376	0.5%	$69.68	+4.6%	COM	194162103
AMGN	Amgen	35,783	$7,945	0.4%	$171.17	+24.8%	COM	031162100
KO	Coca-Cola	131,163	$7,899	0.4%	$27.94	+105.3%	COM	191216100
GOOG	Alphabet Inc Cl C	15,295	$1,850	0.1%	$108.47	+5.9%	COM	02079K107
SAP	SAP AG Spons ADR	5,380	$736	0.0%	$122.18	—	COM	803054204
TROW	T Rowe Price Group	5,302	$594	0.0%	$117.54	-18.0%	COM	74144T108
PAYX	Paychex	5,058	$566	0.0%	$27.96	+261.3%	COM	704326107
IBM	Int'l Business Machines	3,231	$432	0.0%	$105.47	+11.9%	COM	459200101
LMT	Lockheed Martin	893	$411	0.0%	$308.96	+39.7%	COM	539830109
PII	Polaris Industries	2,749	$332	0.0%	$117.57	-6.0%	COM	731068102
—	Magellan Midstream Partners LP	4,500	$280	0.0%	$48.89	—	ETP	559080106
AMZN	Amazon.com	2,000	$261	0.0%	$126.86	-10.0%	COM	023135106
BMY	Bristol-Myers Squibb	3,910	$250	0.0%	$28.67	+105.6%	COM	110122108
INTC	Intel	6,856	$229	0.0%	$27.52	+11.6%	COM	458140100
NGG	National Grid PLC New	3,245	$218	0.0%	$67.99	—	COM	636274409
PFE	Pfizer	5,776	$212	0.0%	$17.07	+94.6%	COM	717081103
UBFO	United Security Bancshares	11,000	$73	0.0%	$5.29	0.0%	COM	911460103