Saratoga Research & Investment Management Long-Term Concentrated

CIK: 0001477872 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 9, 2024

Total Value ($000): $2,167,442 (100.0% shares, 0.0% debt)

Holdings (47)

MSFT Microsoft 6.4%

Value ($000) $139,537 Shares 371,070 Est. Cost $67.06 Unrealized +422.4%

RTX RTX Corporation 6.4%

Value ($000) $139,125 Shares 1,653,497 Est. Cost $62.36 Unrealized +21.3%

BRK/B Berkshire Hathaway B 5.8%

Value ($000) $125,954 Shares 353,148 Est. Cost $199.74 Unrealized +75.7%

DIS Disney Walt Co 5.8%

Value ($000) $125,189 Shares 1,386,519 Est. Cost $109.37 Unrealized -21.2%

GOOGL Alphabet Inc Cl A 5.4%

Value ($000) $117,374 Shares 840,244 Est. Cost $107.16 Unrealized +24.4%

— Unilever PLC 5.2%

Value ($000) $111,856 Shares 2,307,261 Est. Cost $53.63 Unrealized —

MDT Medtronic PLC 4.8%

Value ($000) $103,846 Shares 1,260,574 Est. Cost $78.12 Unrealized -8.5%

NVO Novo Nordisk ADR 4.0%

Value ($000) $85,615 Shares 827,594 Est. Cost $72.02 Unrealized —

HD Home Depot 3.9%

Value ($000) $85,102 Shares 245,569 Est. Cost $273.03 Unrealized +7.6%

RHHBY Roche Holding AG 3.8%

Value ($000) $83,345 Shares 2,300,436 Est. Cost $39.56 Unrealized —

ORCL Oracle 3.8%

Value ($000) $83,217 Shares 789,312 Est. Cost $35.07 Unrealized +204.3%

ADBE Adobe Systems 3.6%

Value ($000) $77,049 Shares 129,146 Est. Cost $474.93 Unrealized +21.4%

AAPL Apple Inc 3.4%

Value ($000) $73,845 Shares 383,549 Est. Cost $85.07 Unrealized +114.9%

ACN Accenture Ltd New 3.4%

Value ($000) $72,702 Shares 207,183 Est. Cost $195.80 Unrealized +59.7%

GD General Dynamics 3.2%

Value ($000) $69,379 Shares 267,182 Est. Cost $138.74 Unrealized +68.8%

Value ($000) $69,157 Shares 636,981 Est. Cost $75.34 Unrealized +36.7%

JNJ Johnson & Johnson 3.1%

Value ($000) $68,204 Shares 435,142 Est. Cost $102.68 Unrealized +39.8%

V Visa Inc 3.0%

Value ($000) $65,443 Shares 251,367 Est. Cost $214.66 Unrealized +13.1%

SBUX Starbucks 2.4%

Value ($000) $51,666 Shares 538,129 Est. Cost $68.92 Unrealized +33.8%

CHRW C.H. Robinson Worldwide 2.1%

Value ($000) $46,284 Shares 535,761 Est. Cost $62.08 Unrealized +27.9%

WMT Walmart Inc 2.0%

Value ($000) $43,143 Shares 273,661 Est. Cost $26.59 Unrealized +94.2%

BIIB Biogen Inc 2.0%

Value ($000) $42,497 Shares 164,226 Est. Cost $260.68 Unrealized -5.8%

DEO Diageo PLC ADR 1.9%

Value ($000) $42,225 Shares 289,890 Est. Cost $145.66 Unrealized —

JQUA JP Morgan US Quality Factor ET 1.7%

Value ($000) $36,256 Shares 757,534 Est. Cost $47.83 Unrealized —

IFF Int'l Flavors & Frag 1.6%

Value ($000) $35,442 Shares 437,714 Est. Cost $105.99 Unrealized -35.1%

MMM 3M Company 1.5%

Value ($000) $31,519 Shares 288,315 Est. Cost $94.79 Unrealized -20.3%

CSCO Cisco Systems 1.3%

Value ($000) $29,058 Shares 575,172 Est. Cost $18.69 Unrealized +156.7%

PG Procter & Gamble 1.3%

Value ($000) $27,246 Shares 185,930 Est. Cost $63.77 Unrealized +120.5%

— Reckitt Benckiser Group PLC AD 1.1%

Value ($000) $23,375 Shares 1,701,242 Est. Cost $16.69 Unrealized —

BDX Becton Dickinson & Co 1.0%

Value ($000) $22,008 Shares 90,259 Est. Cost $188.14 Unrealized +25.7%

CL Colgate-Palmolive 0.6%

Value ($000) $12,713 Shares 159,487 Est. Cost $69.77 Unrealized +2.8%

PEP Pepsico 0.6%

Value ($000) $12,050 Shares 70,947 Est. Cost $79.97 Unrealized +92.3%

KO Coca-Cola 0.3%

Value ($000) $6,627 Shares 112,462 Est. Cost $27.94 Unrealized +90.6%

GOOG Alphabet Inc Cl C 0.1%

Value ($000) $2,062 Shares 14,634 Est. Cost $108.47 Unrealized +24.2%

SYY Sysco Corp 0.1%

Value ($000) $1,221 Shares 16,691 Est. Cost $65.68 Unrealized -1.2%

ASML ASML Holding NV 0.1%

Value ($000) $1,219 Shares 1,611 Est. Cost $756.92 Unrealized —

CTSH Cognizant Tech Solutions 0.1%

Value ($000) $1,107 Shares 14,655 Est. Cost $50.97 Unrealized +30.9%

AMGN Amgen 0.0%

Value ($000) $789 Shares 2,740 Est. Cost $171.17 Unrealized +49.0%

PAYX Paychex 0.0%

Value ($000) $569 Shares 4,780 Est. Cost $27.96 Unrealized +297.2%

IBM Int'l Business Machines 0.0%

Value ($000) $510 Shares 3,120 Est. Cost $105.47 Unrealized +34.2%

LMT Lockheed Martin 0.0%

Value ($000) $399 Shares 880 Est. Cost $308.96 Unrealized +35.1%

TROW T Rowe Price Group 0.0%

Value ($000) $339 Shares 3,148 Est. Cost $117.54 Unrealized -23.7%

INTC Intel 0.0%

Value ($000) $322 Shares 6,402 Est. Cost $27.52 Unrealized +45.5%

AMZN Amazon.com 0.0%

Value ($000) $304 Shares 2,000 Est. Cost $126.86 Unrealized +10.5%

PII Polaris Industries 0.0%

Value ($000) $258 Shares 2,725 Est. Cost $117.57 Unrealized -22.1%

NGG National Grid PLC New 0.0%

Value ($000) $204 Shares 3,004 Est. Cost $67.99 Unrealized —

UBFO United Security Bancshares 0.0%

Value ($000) $93 Shares 11,000 Est. Cost $5.29 Unrealized +30.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	Microsoft	371,070	$139,537	6.4%	$67.06	+422.4%	COM	594918104
RTX	RTX Corporation	1,653,497	$139,125	6.4%	$62.36	+21.3%	COM	75513E101
BRK/B	Berkshire Hathaway B	353,148	$125,954	5.8%	$199.74	+75.7%	COM	084670702
DIS	Disney Walt Co	1,386,519	$125,189	5.8%	$109.37	-21.2%	COM	254687106
GOOGL	Alphabet Inc Cl A	840,244	$117,374	5.4%	$107.16	+24.4%	COM	02079K305
—	Unilever PLC	2,307,261	$111,856	5.2%	$53.63	—	COM	904767704
MDT	Medtronic PLC	1,260,574	$103,846	4.8%	$78.12	-8.5%	COM	G5960L103
NVO	Novo Nordisk ADR	827,594	$85,615	4.0%	$72.02	—	COM	670100205
HD	Home Depot	245,569	$85,102	3.9%	$273.03	+7.6%	COM	437076102
RHHBY	Roche Holding AG	2,300,436	$83,345	3.8%	$39.56	—	COM	771195104
ORCL	Oracle	789,312	$83,217	3.8%	$35.07	+204.3%	COM	68389X105
ADBE	Adobe Systems	129,146	$77,049	3.6%	$474.93	+21.4%	COM	00724F101
AAPL	Apple Inc	383,549	$73,845	3.4%	$85.07	+114.9%	COM	037833100
ACN	Accenture Ltd New	207,183	$72,702	3.4%	$195.80	+59.7%	COM	G1151C101
GD	General Dynamics	267,182	$69,379	3.2%	$138.74	+68.8%	COM	369550108
NKE	NIKE	636,981	$69,157	3.2%	$75.34	+36.7%	COM	654106103
JNJ	Johnson & Johnson	435,142	$68,204	3.1%	$102.68	+39.8%	COM	478160104
V	Visa Inc	251,367	$65,443	3.0%	$214.66	+13.1%	COM	92826C839
SBUX	Starbucks	538,129	$51,666	2.4%	$68.92	+33.8%	COM	855244109
CHRW	C.H. Robinson Worldwide	535,761	$46,284	2.1%	$62.08	+27.9%	COM	12541W209
WMT	Walmart Inc	273,661	$43,143	2.0%	$26.59	+94.2%	COM	931142103
BIIB	Biogen Inc	164,226	$42,497	2.0%	$260.68	-5.8%	COM	09062X103
DEO	Diageo PLC ADR	289,890	$42,225	1.9%	$145.66	—	COM	25243Q205
JQUA	JP Morgan US Quality Factor ET	757,534	$36,256	1.7%	$47.83	—	ETF	46641Q761
IFF	Int'l Flavors & Frag	437,714	$35,442	1.6%	$105.99	-35.1%	COM	459506101
MMM	3M Company	288,315	$31,519	1.5%	$94.79	-20.3%	COM	88579Y101
CSCO	Cisco Systems	575,172	$29,058	1.3%	$18.69	+156.7%	COM	17275R102
PG	Procter & Gamble	185,930	$27,246	1.3%	$63.77	+120.5%	COM	742718109
—	Reckitt Benckiser Group PLC AD	1,701,242	$23,375	1.1%	$16.69	—	COM	756255204
BDX	Becton Dickinson & Co	90,259	$22,008	1.0%	$188.14	+25.7%	COM	075887109
CL	Colgate-Palmolive	159,487	$12,713	0.6%	$69.77	+2.8%	COM	194162103
PEP	Pepsico	70,947	$12,050	0.6%	$79.97	+92.3%	COM	713448108
KO	Coca-Cola	112,462	$6,627	0.3%	$27.94	+90.6%	COM	191216100
GOOG	Alphabet Inc Cl C	14,634	$2,062	0.1%	$108.47	+24.2%	COM	02079K107
SYY	Sysco Corp	16,691	$1,221	0.1%	$65.68	-1.2%	COM	871829107
ASML	ASML Holding NV	1,611	$1,219	0.1%	$756.92	—	COM	N07059210
CTSH	Cognizant Tech Solutions	14,655	$1,107	0.1%	$50.97	+30.9%	COM	192446102
AMGN	Amgen	2,740	$789	0.0%	$171.17	+49.0%	COM	031162100
PAYX	Paychex	4,780	$569	0.0%	$27.96	+297.2%	COM	704326107
IBM	Int'l Business Machines	3,120	$510	0.0%	$105.47	+34.2%	COM	459200101
LMT	Lockheed Martin	880	$399	0.0%	$308.96	+35.1%	COM	539830109
TROW	T Rowe Price Group	3,148	$339	0.0%	$117.54	-23.7%	COM	74144T108
INTC	Intel	6,402	$322	0.0%	$27.52	+45.5%	COM	458140100
AMZN	Amazon.com	2,000	$304	0.0%	$126.86	+10.5%	COM	023135106
PII	Polaris Industries	2,725	$258	0.0%	$117.57	-22.1%	COM	731068102
NGG	National Grid PLC New	3,004	$204	0.0%	$67.99	—	COM	636274409
UBFO	United Security Bancshares	11,000	$93	0.0%	$5.29	+30.2%	COM	911460103