SIT INVESTMENT ASSOCIATES INC

Other Low signal CIK 769317
League rank
#1531
in Other · #6248 overall
Long book
$4.93B
Q1 2026
Positions
501
Top-10 weight
23%
concentration
Last quarter
+8.4%
SPY +14.8%
Turnover
13%
of book per quarter

Strategy in plain words

auto-generated from filings

SIT INVESTMENT ASSOCIATES INC is an institutional manager, running a $4.93B US long book across 501 positions.

The portfolio is broadly diversified across 501 positions (top 10 only 23%). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, ANGEL OAK FINANC STRAT INC, BROADCOM INC, BLACKROCK TAXABLE MUNI BND, APPLE INC.

Over the last 9 quarters its long book ran on average 1.7pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+3.1%
Q2 2024
+5.5%
Q3 2024
-0.1%
Q4 2024
-2.2%
Q1 2025
+7.4%
Q2 2025
+4.3%
Q3 2025
+1.5%
Q4 2025
-2.5%
Q1 2026
+8.4%

Sector allocation

Technology
43%
Financials
12%
Industrials
11%
Healthcare
9%
Consumer discretionary
7%
Utilities
5%
Services media
4%
Other
3%

Long book by quarter

$4.35B
Q1 2024
$4.34B
Q2 2024
$4.48B
Q3 2024
$4.41B
Q4 2024
$4.26B
Q1 2025
$4.68B
Q2 2025
$4.93B
Q3 2025
$5.08B
Q4 2025
$4.93B
Q1 2026

What does SIT INVESTMENT own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology824.1K$143.7M2.9%-0.8%
AVGO BROADCOM INCTechnology442.9K$137.1M2.8%0.0%
AAPL APPLE INCTechnology467.0K$118.5M2.4%+1.7%
MSFT MICROSOFT CORPTechnology279.0K$103.3M2.1%+1.5%
GOOGL ALPHABET INC-CL ATechnology285.3K$82.0M1.7%-1.0%
AMZN AMAZON.COM INCConsumer discretionary244.8K$51.0M1.0%+1.9%
AMAT APPLIED MATERIALS INCTechnology124.9K$42.7M0.9%+15.3%
META META PLATFORMS INC-CLASS ATechnology73.1K$41.8M0.8%+1.2%
CB CHUBB LTDFinancials111.9K$36.5M0.7%Held
JPM JPMORGAN CHASE & COFinancials111.9K$32.9M0.7%-0.2%
LLY ELI LILLY & COHealthcare34.3K$31.5M0.6%+6.7%
ANET ARISTA NETWORKS INCTechnology249.7K$30.7M0.6%-5.8%
WMB WILLIAMS COS INCUtilities389.5K$28.3M0.6%-6.7%
UNH UNITEDHEALTH GROUP INCFinancials103.2K$27.9M0.6%+7.6%
GS GOLDMAN SACHS GROUP INCFinancials33.0K$27.9M0.6%-6.5%
GOOG ALPHABET INC-CL CTechnology83.8K$24.0M0.5%-0.4%
TJX TJX COMPANIES INCConsumer discretionary149.7K$23.9M0.5%-2.0%
V VISA INC-CLASS A SHARESServices media78.3K$23.7M0.5%+0.9%
HD HOME DEPOT INCConsumer discretionary62.8K$20.6M0.4%-0.5%
LIN LINDE PLCMaterials40.4K$20.0M0.4%-11.3%
AZN ASTRAZENECA PLCHealthcare99.8K$19.7M0.4%New
HON HONEYWELL INTERNATIONAL INCIndustrials81.2K$18.4M0.4%-0.2%
ABT ABBOTT LABORATORIESHealthcare173.9K$17.9M0.4%+15.1%
ASML ASML HOLDING NV-NY REG SHSIndustrials13.5K$17.8M0.4%0.0%
INTU INTUIT INCTechnology40.6K$17.5M0.4%+16.0%
MCD MCDONALD'S CORPConsumer discretionary54.8K$17.0M0.3%+1.2%
MPWR MONOLITHIC POWER SYSTEMS INCTechnology15.5K$16.9M0.3%-2.7%
CIEN CIENA CORPTechnology42.8K$16.6M0.3%-8.6%
PANW PALO ALTO NETWORKS INCTechnology91.8K$14.7M0.3%+15.6%
BAC BANK OF AMERICA CORPFinancials295.9K$14.4M0.3%+6.3%
ISRG INTUITIVE SURGICAL INCHealthcare30.7K$14.2M0.3%+4.3%
LNG CHENIERE ENERGY INCUtilities49.6K$14.1M0.3%-18.5%
TEL TE CONNECTIVITY PLCConsumer discretionary65.8K$13.7M0.3%-14.6%
FLS FLOWSERVE CORPIndustrials184.3K$13.5M0.3%-7.4%
AGX ARGAN INCIndustrials24.8K$13.5M0.3%-23.4%
VRT VERTIV HOLDINGS CO-ATechnology53.4K$13.4M0.3%+0.7%
AMP AMERIPRISE FINANCIAL INCFinancials30.0K$13.3M0.3%+41.6%
NFLX NETFLIX INCServices media137.3K$13.2M0.3%+13.0%
SYK STRYKER CORPHealthcare39.2K$12.9M0.3%-2.5%
XOM EXXON MOBIL CORPEnergy74.4K$12.6M0.3%+46.8%
ACN ACCENTURE PLC-CL AServices media62.6K$12.4M0.3%+2.1%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 2026501$4.93B $K fixed canonicalSEC ↗
Q4 202513F-HR/ANEW HOLDINGSFeb 25, 20266$81.5M $K fixed canonicalSEC ↗
Q4 202513F-HRFeb 12, 2026506$5.00B $K fixed canonicalSEC ↗
Q3 202513F-HRNov 13, 2025516$4.93B $K fixed canonicalSEC ↗
Q2 202513F-HRAug 14, 2025524$4.68B $K fixed canonicalSEC ↗
Q1 202513F-HRMay 13, 2025522$4.26B $K fixed canonicalSEC ↗
Q4 202413F-HRFeb 13, 2025530$4.41B $K fixed canonicalSEC ↗
Q3 202413F-HRNov 13, 2024540$4.48B $K fixed canonicalSEC ↗
Q2 202413F-HRAug 14, 2024533$4.34B $K fixed canonicalSEC ↗
Q1 202413F-HRMay 14, 2024523$4.35B $K fixed canonicalSEC ↗