Saratoga Research & Investment Management Long-Term Concentrated

CIK: 0001477872 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 12, 2025

Total Value ($000): $1,894,298 (100.0% shares, 0.0% debt)

Holdings (44)

BRK/B Berkshire Hathaway Inc. 7.8%

Value ($000) $148,345 Shares 278,541 Est. Cost $199.74 Unrealized +143.4%

— Unilever PLC 7.1%

Value ($000) $134,430 Shares 2,257,438 Est. Cost $53.17 Unrealized —

DIS Walt Disney Company 7.1%

Value ($000) $134,041 Shares 1,358,068 Est. Cost $106.40 Unrealized -0.1%

GOOGL Alphabet Inc. 6.8%

Value ($000) $129,325 Shares 836,300 Est. Cost $112.76 Unrealized +60.3%

MSFT Microsoft Corp. 6.4%

Value ($000) $120,522 Shares 321,058 Est. Cost $79.61 Unrealized +408.9%

MDT Medtronic PLC 5.6%

Value ($000) $106,141 Shares 1,181,178 Est. Cost $78.70 Unrealized +11.1%

NVO Novo Nordisk A/S 5.3%

Value ($000) $100,977 Shares 1,454,160 Est. Cost $70.68 Unrealized —

JNJ Johnson & Johnson 4.4%

Value ($000) $83,653 Shares 504,419 Est. Cost $110.94 Unrealized +37.4%

RHHBY Roche Holding AG 4.4%

Value ($000) $83,214 Shares 2,022,209 Est. Cost $39.07 Unrealized —

RTX RTX Corp. 4.4%

Value ($000) $82,824 Shares 625,274 Est. Cost $63.05 Unrealized +97.9%

ORCL Oracle Corp. 4.4%

Value ($000) $82,729 Shares 591,727 Est. Cost $40.01 Unrealized +303.8%

GD General Dynamics Corporation 3.1%

Value ($000) $58,568 Shares 214,865 Est. Cost $138.74 Unrealized +84.4%

V Visa Inc 3.1%

Value ($000) $58,231 Shares 166,155 Est. Cost $214.66 Unrealized +56.7%

AAPL Apple Inc. 2.8%

Value ($000) $52,743 Shares 237,442 Est. Cost $85.07 Unrealized +171.3%

SBUX Starbucks Corp. 2.6%

Value ($000) $49,877 Shares 508,486 Est. Cost $69.46 Unrealized +45.4%

ASML ASML Holding N.V. 2.6%

Value ($000) $49,568 Shares 74,805 Est. Cost $685.67 Unrealized —

ACN Accenture PLC 2.5%

Value ($000) $47,005 Shares 150,639 Est. Cost $224.49 Unrealized +55.7%

CHRW C.H. Robinson Worldwide Inc 2.5%

Value ($000) $46,533 Shares 454,427 Est. Cost $62.33 Unrealized +59.0%

NKE Nike, Inc. 2.2%

Value ($000) $41,536 Shares 654,313 Est. Cost $77.74 Unrealized -7.3%

HD Home Depot Inc. 2.0%

Value ($000) $37,137 Shares 101,332 Est. Cost $273.03 Unrealized +39.4%

DEO Diageo PLC 1.9%

Value ($000) $35,911 Shares 342,699 Est. Cost $145.31 Unrealized —

WMT Walmart Inc 1.9%

Value ($000) $35,356 Shares 402,731 Est. Cost $45.77 Unrealized +103.1%

PG The Procter & Gamble Co. 1.5%

Value ($000) $27,866 Shares 163,513 Est. Cost $63.77 Unrealized +157.1%

ADBE Adobe Inc 1.4%

Value ($000) $26,918 Shares 70,185 Est. Cost $474.93 Unrealized -9.7%

LLY Eli Lilly & Co. 1.3%

Value ($000) $25,137 Shares 30,436 Est. Cost $821.14 Unrealized +0.7%

PEP Pepsico Inc 1.3%

Value ($000) $24,820 Shares 165,530 Est. Cost $127.67 Unrealized +12.4%

BIL SPDR Bloomberg 1-3 Month T-Bill ETF 1.2%

Value ($000) $23,234 Shares 253,288 Est. Cost $91.79 Unrealized —

CL Colgate-Palmolive Co. 1.0%

Value ($000) $18,136 Shares 193,556 Est. Cost $76.03 Unrealized +15.5%

HON Honeywell International Inc. 0.6%

Value ($000) $11,506 Shares 54,340 Est. Cost $199.21 Unrealized -0.4%

NVDA NVIDIA Corp. 0.6%

Value ($000) $10,433 Shares 96,265 Est. Cost $126.71 Unrealized 0.0%

GOOG Alphabet Inc. 0.1%

Value ($000) $1,149 Shares 7,352 Est. Cost $108.47 Unrealized +68.2%

CSCO Cisco Systems, Inc. 0.1%

Value ($000) $1,030 Shares 16,686 Est. Cost $18.69 Unrealized +221.6%

AMGN Amgen Inc. 0.0%

Value ($000) $722 Shares 2,318 Est. Cost $171.17 Unrealized +67.8%

KO Coca-Cola Co (The) 0.0%

Value ($000) $709 Shares 9,895 Est. Cost $27.94 Unrealized +132.5%

IBM International Business Machines Corporation 0.0%

Value ($000) $681 Shares 2,738 Est. Cost $105.47 Unrealized +127.0%

PAYX Paychex Inc 0.0%

Value ($000) $599 Shares 3,882 Est. Cost $27.96 Unrealized +412.0%

CTSH Cognizant Technology Solutions Corp. 0.0%

Value ($000) $568 Shares 7,428 Est. Cost $50.97 Unrealized +57.5%

SYY Sysco Corporation 0.0%

Value ($000) $553 Shares 7,372 Est. Cost $65.68 Unrealized +8.5%

AMZN Amazon.com, Inc. 0.0%

Value ($000) $381 Shares 2,000 Est. Cost $126.86 Unrealized +71.1%

JQUA JPMorgan US Quality Factor ETF 0.0%

Value ($000) $321 Shares 5,679 Est. Cost $57.27 Unrealized —

LMT Lockheed Martin Corporation 0.0%

Value ($000) $310 Shares 695 Est. Cost $308.96 Unrealized +45.1%

TROW Price T Rowe Group Inc. 0.0%

Value ($000) $238 Shares 2,588 Est. Cost $111.11 Unrealized -9.5%

BDX Becton, Dickinson and Company 0.0%

Value ($000) $220 Shares 961 Est. Cost $188.14 Unrealized +20.9%

UBFO United Security Bs 0.0%

Value ($000) $99 Shares 11,000 Est. Cost $5.29 Unrealized +71.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	Berkshire Hathaway Inc.	278,541	$148,345	7.8%	$199.74	+143.4%	COM	084670702
—	Unilever PLC	2,257,438	$134,430	7.1%	$53.17	—	COM	904767704
DIS	Walt Disney Company	1,358,068	$134,041	7.1%	$106.40	-0.1%	COM	254687106
GOOGL	Alphabet Inc.	836,300	$129,325	6.8%	$112.76	+60.3%	COM	02079K305
MSFT	Microsoft Corp.	321,058	$120,522	6.4%	$79.61	+408.9%	COM	594918104
MDT	Medtronic PLC	1,181,178	$106,141	5.6%	$78.70	+11.1%	COM	G5960L103
NVO	Novo Nordisk A/S	1,454,160	$100,977	5.3%	$70.68	—	COM	670100205
JNJ	Johnson & Johnson	504,419	$83,653	4.4%	$110.94	+37.4%	COM	478160104
RHHBY	Roche Holding AG	2,022,209	$83,214	4.4%	$39.07	—	COM	771195104
RTX	RTX Corp.	625,274	$82,824	4.4%	$63.05	+97.9%	COM	75513E101
ORCL	Oracle Corp.	591,727	$82,729	4.4%	$40.01	+303.8%	COM	68389X105
GD	General Dynamics Corporation	214,865	$58,568	3.1%	$138.74	+84.4%	COM	369550108
V	Visa Inc	166,155	$58,231	3.1%	$214.66	+56.7%	COM	92826C839
AAPL	Apple Inc.	237,442	$52,743	2.8%	$85.07	+171.3%	COM	037833100
SBUX	Starbucks Corp.	508,486	$49,877	2.6%	$69.46	+45.4%	COM	855244109
ASML	ASML Holding N.V.	74,805	$49,568	2.6%	$685.67	—	COM	N07059210
ACN	Accenture PLC	150,639	$47,005	2.5%	$224.49	+55.7%	COM	G1151C101
CHRW	C.H. Robinson Worldwide Inc	454,427	$46,533	2.5%	$62.33	+59.0%	COM	12541W209
NKE	Nike, Inc.	654,313	$41,536	2.2%	$77.74	-7.3%	COM	654106103
HD	Home Depot Inc.	101,332	$37,137	2.0%	$273.03	+39.4%	COM	437076102
DEO	Diageo PLC	342,699	$35,911	1.9%	$145.31	—	COM	25243Q205
WMT	Walmart Inc	402,731	$35,356	1.9%	$45.77	+103.1%	COM	931142103
PG	The Procter & Gamble Co.	163,513	$27,866	1.5%	$63.77	+157.1%	COM	742718109
ADBE	Adobe Inc	70,185	$26,918	1.4%	$474.93	-9.7%	COM	00724F101
LLY	Eli Lilly & Co.	30,436	$25,137	1.3%	$821.14	+0.7%	COM	532457108
PEP	Pepsico Inc	165,530	$24,820	1.3%	$127.67	+12.4%	COM	713448108
BIL	SPDR Bloomberg 1-3 Month T-Bill ETF	253,288	$23,234	1.2%	$91.79	—	ETF	78468R663
CL	Colgate-Palmolive Co.	193,556	$18,136	1.0%	$76.03	+15.5%	COM	194162103
HON	Honeywell International Inc.	54,340	$11,506	0.6%	$199.21	-0.4%	COM	438516106
NVDA	NVIDIA Corp.	96,265	$10,433	0.6%	$126.71	0.0%	COM	67066G104
GOOG	Alphabet Inc.	7,352	$1,149	0.1%	$108.47	+68.2%	COM	02079K107
CSCO	Cisco Systems, Inc.	16,686	$1,030	0.1%	$18.69	+221.6%	COM	17275R102
AMGN	Amgen Inc.	2,318	$722	0.0%	$171.17	+67.8%	COM	031162100
KO	Coca-Cola Co (The)	9,895	$709	0.0%	$27.94	+132.5%	COM	191216100
IBM	International Business Machines Corporation	2,738	$681	0.0%	$105.47	+127.0%	COM	459200101
PAYX	Paychex Inc	3,882	$599	0.0%	$27.96	+412.0%	COM	704326107
CTSH	Cognizant Technology Solutions Corp.	7,428	$568	0.0%	$50.97	+57.5%	COM	192446102
SYY	Sysco Corporation	7,372	$553	0.0%	$65.68	+8.5%	COM	871829107
AMZN	Amazon.com, Inc.	2,000	$381	0.0%	$126.86	+71.1%	COM	023135106
JQUA	JPMorgan US Quality Factor ETF	5,679	$321	0.0%	$57.27	—	ETF	46641Q761
LMT	Lockheed Martin Corporation	695	$310	0.0%	$308.96	+45.1%	COM	539830109
TROW	Price T Rowe Group Inc.	2,588	$238	0.0%	$111.11	-9.5%	COM	74144T108
BDX	Becton, Dickinson and Company	961	$220	0.0%	$188.14	+20.9%	COM	075887109
UBFO	United Security Bs	11,000	$99	0.0%	$5.29	+71.6%	COM	911460103