Saratoga Research & Investment Management Long-Term Concentrated

CIK: 0001477872 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 9, 2023

Total Value ($000): $2,048,193 (100.0% shares, 0.0% debt)

Holdings (47)

BRK/B Berkshire Hathaway B 6.3%

Value ($000) $128,430 Shares 366,629 Est. Cost $199.74 Unrealized +77.6%

— Unilever PLC 6.1%

Value ($000) $124,122 Shares 2,512,592 Est. Cost $53.63 Unrealized —

DIS Disney Walt Co 6.0%

Value ($000) $123,647 Shares 1,525,561 Est. Cost $109.37 Unrealized -23.7%

MSFT Microsoft 6.0%

Value ($000) $122,221 Shares 387,083 Est. Cost $67.06 Unrealized +384.0%

GOOGL Alphabet Inc Cl A 5.6%

Value ($000) $115,674 Shares 883,952 Est. Cost $107.16 Unrealized +19.8%

RTX RTX Corporation 5.5%

Value ($000) $112,561 Shares 1,563,997 Est. Cost $61.60 Unrealized +31.9%

MDT Medtronic PLC 5.0%

Value ($000) $101,742 Shares 1,298,388 Est. Cost $78.12 Unrealized -0.4%

ORCL Oracle 4.1%

Value ($000) $84,024 Shares 793,281 Est. Cost $35.07 Unrealized +221.6%

NVO Novo Nordisk ADR 4.0%

Value ($000) $80,952 Shares 890,165 Est. Cost $72.02 Unrealized —

HD Home Depot 3.9%

Value ($000) $79,061 Shares 261,653 Est. Cost $273.03 Unrealized +11.0%

ACN Accenture Ltd New 3.8%

Value ($000) $77,090 Shares 251,019 Est. Cost $195.80 Unrealized +55.4%

RHHBY Roche Holding AG 3.8%

Value ($000) $76,969 Shares 2,268,479 Est. Cost $39.61 Unrealized —

JNJ Johnson & Johnson 3.5%

Value ($000) $71,113 Shares 456,586 Est. Cost $102.68 Unrealized +49.3%

ADBE Adobe Systems 3.5%

Value ($000) $70,735 Shares 138,724 Est. Cost $474.93 Unrealized +10.5%

AAPL Apple Inc 3.4%

Value ($000) $69,416 Shares 405,446 Est. Cost $85.07 Unrealized +113.2%

Value ($000) $64,694 Shares 676,575 Est. Cost $75.34 Unrealized +30.4%

GD General Dynamics 3.0%

Value ($000) $61,648 Shares 278,988 Est. Cost $138.74 Unrealized +52.2%

V Visa Inc 3.0%

Value ($000) $60,425 Shares 262,706 Est. Cost $214.66 Unrealized +10.0%

SBUX Starbucks 2.5%

Value ($000) $51,614 Shares 565,505 Est. Cost $68.92 Unrealized +34.1%

CHRW C.H. Robinson Worldwide 2.4%

Value ($000) $49,526 Shares 575,013 Est. Cost $62.08 Unrealized +41.5%

WMT Walmart Inc 2.3%

Value ($000) $47,930 Shares 299,691 Est. Cost $26.59 Unrealized +94.9%

BIIB Biogen Inc 2.2%

Value ($000) $45,250 Shares 176,064 Est. Cost $260.68 Unrealized +2.6%

IFF Int'l Flavors & Frag 1.7%

Value ($000) $34,466 Shares 505,589 Est. Cost $105.99 Unrealized -35.1%

CSCO Cisco Systems 1.6%

Value ($000) $32,713 Shares 608,509 Est. Cost $18.69 Unrealized +169.2%

— Reckitt Benckiser Group PLC AD 1.5%

Value ($000) $30,724 Shares 2,196,169 Est. Cost $16.69 Unrealized —

MMM 3M Company 1.4%

Value ($000) $29,525 Shares 315,369 Est. Cost $94.79 Unrealized -16.1%

PG Procter & Gamble 1.4%

Value ($000) $28,840 Shares 197,725 Est. Cost $63.77 Unrealized +126.0%

BDX Becton Dickinson & Co 1.2%

Value ($000) $24,854 Shares 96,137 Est. Cost $188.14 Unrealized +37.3%

PEP Pepsico 0.6%

Value ($000) $12,357 Shares 72,931 Est. Cost $79.97 Unrealized +109.0%

CL Colgate-Palmolive 0.6%

Value ($000) $11,341 Shares 159,490 Est. Cost $69.77 Unrealized +1.6%

AMGN Amgen 0.5%

Value ($000) $9,651 Shares 35,909 Est. Cost $171.17 Unrealized +35.5%

KO Coca-Cola 0.4%

Value ($000) $7,175 Shares 128,177 Est. Cost $27.94 Unrealized +99.5%

GOOG Alphabet Inc Cl C 0.1%

Value ($000) $1,968 Shares 14,926 Est. Cost $108.47 Unrealized +19.0%

CTSH Cognizant Tech Solutions 0.1%

Value ($000) $1,221 Shares 18,025 Est. Cost $50.97 Unrealized +30.3%

SAP SAP AG Spons ADR 0.0%

Value ($000) $692 Shares 5,350 Est. Cost $122.18 Unrealized —

PAYX Paychex 0.0%

Value ($000) $553 Shares 4,795 Est. Cost $27.96 Unrealized +301.2%

TROW T Rowe Price Group 0.0%

Value ($000) $553 Shares 5,271 Est. Cost $117.54 Unrealized -14.7%

IBM Int'l Business Machines 0.0%

Value ($000) $447 Shares 3,186 Est. Cost $105.47 Unrealized +24.9%

SYY Sysco Corp 0.0%

Value ($000) $407 Shares 6,155 Est. Cost $67.04 Unrealized 0.0%

LMT Lockheed Martin 0.0%

Value ($000) $361 Shares 883 Est. Cost $308.96 Unrealized +34.4%

PII Polaris Industries 0.0%

Value ($000) $285 Shares 2,735 Est. Cost $117.57 Unrealized +1.0%

AMZN Amazon.com 0.0%

Value ($000) $254 Shares 2,000 Est. Cost $126.86 Unrealized +5.6%

INTC Intel 0.0%

Value ($000) $236 Shares 6,642 Est. Cost $27.52 Unrealized +24.3%

JQUA JP Morgan US Quality Factor ET 0.0%

Value ($000) $223 Shares 5,153 Est. Cost $43.27 Unrealized —

BMY Bristol-Myers Squibb 0.0%

Value ($000) $216 Shares 3,713 Est. Cost $28.67 Unrealized +89.6%

OKE ONEOK Inc New 0.0%

Value ($000) $203 Shares 3,198 Est. Cost $57.97 Unrealized 0.0%

UBFO United Security Bancshares 0.0%

Value ($000) $82 Shares 11,000 Est. Cost $5.29 Unrealized +16.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	Berkshire Hathaway B	366,629	$128,430	6.3%	$199.74	+77.6%	COM	084670702
—	Unilever PLC	2,512,592	$124,122	6.1%	$53.63	—	COM	904767704
DIS	Disney Walt Co	1,525,561	$123,647	6.0%	$109.37	-23.7%	COM	254687106
MSFT	Microsoft	387,083	$122,221	6.0%	$67.06	+384.0%	COM	594918104
GOOGL	Alphabet Inc Cl A	883,952	$115,674	5.6%	$107.16	+19.8%	COM	02079K305
RTX	RTX Corporation	1,563,997	$112,561	5.5%	$61.60	+31.9%	COM	75513E101
MDT	Medtronic PLC	1,298,388	$101,742	5.0%	$78.12	-0.4%	COM	G5960L103
ORCL	Oracle	793,281	$84,024	4.1%	$35.07	+221.6%	COM	68389X105
NVO	Novo Nordisk ADR	890,165	$80,952	4.0%	$72.02	—	COM	670100205
HD	Home Depot	261,653	$79,061	3.9%	$273.03	+11.0%	COM	437076102
ACN	Accenture Ltd New	251,019	$77,090	3.8%	$195.80	+55.4%	COM	G1151C101
RHHBY	Roche Holding AG	2,268,479	$76,969	3.8%	$39.61	—	COM	771195104
JNJ	Johnson & Johnson	456,586	$71,113	3.5%	$102.68	+49.3%	COM	478160104
ADBE	Adobe Systems	138,724	$70,735	3.5%	$474.93	+10.5%	COM	00724F101
AAPL	Apple Inc	405,446	$69,416	3.4%	$85.07	+113.2%	COM	037833100
NKE	NIKE	676,575	$64,694	3.2%	$75.34	+30.4%	COM	654106103
GD	General Dynamics	278,988	$61,648	3.0%	$138.74	+52.2%	COM	369550108
V	Visa Inc	262,706	$60,425	3.0%	$214.66	+10.0%	COM	92826C839
SBUX	Starbucks	565,505	$51,614	2.5%	$68.92	+34.1%	COM	855244109
CHRW	C.H. Robinson Worldwide	575,013	$49,526	2.4%	$62.08	+41.5%	COM	12541W209
WMT	Walmart Inc	299,691	$47,930	2.3%	$26.59	+94.9%	COM	931142103
BIIB	Biogen Inc	176,064	$45,250	2.2%	$260.68	+2.6%	COM	09062X103
IFF	Int'l Flavors & Frag	505,589	$34,466	1.7%	$105.99	-35.1%	COM	459506101
CSCO	Cisco Systems	608,509	$32,713	1.6%	$18.69	+169.2%	COM	17275R102
—	Reckitt Benckiser Group PLC AD	2,196,169	$30,724	1.5%	$16.69	—	COM	756255204
MMM	3M Company	315,369	$29,525	1.4%	$94.79	-16.1%	COM	88579Y101
PG	Procter & Gamble	197,725	$28,840	1.4%	$63.77	+126.0%	COM	742718109
BDX	Becton Dickinson & Co	96,137	$24,854	1.2%	$188.14	+37.3%	COM	075887109
PEP	Pepsico	72,931	$12,357	0.6%	$79.97	+109.0%	COM	713448108
CL	Colgate-Palmolive	159,490	$11,341	0.6%	$69.77	+1.6%	COM	194162103
AMGN	Amgen	35,909	$9,651	0.5%	$171.17	+35.5%	COM	031162100
KO	Coca-Cola	128,177	$7,175	0.4%	$27.94	+99.5%	COM	191216100
GOOG	Alphabet Inc Cl C	14,926	$1,968	0.1%	$108.47	+19.0%	COM	02079K107
CTSH	Cognizant Tech Solutions	18,025	$1,221	0.1%	$50.97	+30.3%	COM	192446102
SAP	SAP AG Spons ADR	5,350	$692	0.0%	$122.18	—	COM	803054204
PAYX	Paychex	4,795	$553	0.0%	$27.96	+301.2%	COM	704326107
TROW	T Rowe Price Group	5,271	$553	0.0%	$117.54	-14.7%	COM	74144T108
IBM	Int'l Business Machines	3,186	$447	0.0%	$105.47	+24.9%	COM	459200101
SYY	Sysco Corp	6,155	$407	0.0%	$67.04	0.0%	COM	871829107
LMT	Lockheed Martin	883	$361	0.0%	$308.96	+34.4%	COM	539830109
PII	Polaris Industries	2,735	$285	0.0%	$117.57	+1.0%	COM	731068102
AMZN	Amazon.com	2,000	$254	0.0%	$126.86	+5.6%	COM	023135106
INTC	Intel	6,642	$236	0.0%	$27.52	+24.3%	COM	458140100
JQUA	JP Morgan US Quality Factor ET	5,153	$223	0.0%	$43.27	—	ETF	46641Q761
BMY	Bristol-Myers Squibb	3,713	$216	0.0%	$28.67	+89.6%	COM	110122108
OKE	ONEOK Inc New	3,198	$203	0.0%	$57.97	0.0%	COM	682680103
UBFO	United Security Bancshares	11,000	$82	0.0%	$5.29	+16.5%	COM	911460103