1y return+7.6%S&P 500 +20.9%
3y return+29.0%S&P 500 +68.5%
5y return+11.2%S&P 500 +74.5%
10y return+63.4%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $163 against $357 in the S&P 500.2
Sit Investment Associates IncS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| NVDANvidia Corp | $164K | 3.1% | |
| AVGOBroadcom Inc | $157K | 3.0% | −6.1% |
| FINSAngel Oak Financial Strat Inc | $140K | 2.7% | |
| AAPLApple Inc | $130K | 2.5% | −4.0% |
| BBNBlackrock Taxable Muni Bond Tr | $128K | 2.4% | +5.7% |
| BHKBlackrock Core Bond Trust Bhk | $109K | 2.1% | +10.0% |
| MSFTMicrosoft Corp | $103K | 1.9% | −1.1% |
| GOOGLAlphabet Inc - Cl A | $103K | 1.9% | |
| PPTPutnam Premier Income Trust Pp | $100K | 1.9% | +1.6% |
| TSITcw Strategic Income Fd Tsi | $94K | 1.8% | +9.5% |
| KTFDws Municipal Income Trust Ktf | $90K | 1.7% | −1.1% |
| AMATApplied Materials Inc | $88K | 1.7% | −2.6% |
| Aberdeen Intermediate Inc Fd MCUSIP 55273C107 | $82K | 1.6% | +9.6% |
| XEVVXEaton Vance Limited Duration I | $75K | 1.4% | +1.7% |
| PIMPutnam Master Intermediate Inc | $73K | 1.4% | |
| BTZBlackrock Credit Allocation In | $71K | 1.4% | |
| NBBNuveen Build America Bond Fd N | $60K | 1.1% | |
| BKTBlackrock Income Tr Inc Bkt | $58K | 1.1% | +10.1% |
| AMZNAmazon.com Inc | $56K | 1.1% | −3.7% |
| JRINuveen Real Asset Inc & Grw Jr | $56K | 1.1% | −1.1% |
| BITBlackrock Multi Sector Inc Tr | $54K | 1.0% | −7.4% |
| NPFDNuveen Var Rt Pref & Inc Npfd | $45K | 0.9% | |
| DBLDoubleline Opp Credit Fd Dbl | $45K | 0.9% | |
| FTHYFirst Tr High Yield Opp 2027 F | $45K | 0.8% | +16.9% |
| ANETArista Networks Inc | $42K | 0.8% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corp | June 30, 2020 | +2006.7% | $164K |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $157K |
| AMATApplied Materials Inc | June 30, 2020 | +1096.1% | $88K |
| GSGoldman Sachs Group Inc/the | June 30, 2020 | +411.8% | $32K |
| GOOGLAlphabet Inc - Cl A | June 30, 2020 | +404.0% | $103K |
| JPMJpmorgan Chase & Co | June 30, 2020 | +248.0% | $36K |
| AAPLApple Inc | June 30, 2020 | +217.3% | $130K |
| Chubb LtdCUSIP H1467J104 | June 30, 2020 | +169.1% | $38K |
| LLYEli Lilly & Co | December 31, 2023 | +105.8% | $39K |
| METAMeta Platforms Inc Class A | September 30, 2023 | +87.6% | $40K |
Sold off last quarter
- XNQPXNuveen Pa Quality Muni Inc Fd was $36K
- XMCRXMfs Charter Income Trust Mcr was $25K
- Honeywell International IncCUSIP 438516106 was $18K
- Exxon Mobil CorpCUSIP 30231G102 was $13K
- Ascendis Pharma A/s AdrCUSIP 04351P101 was $4,596
- PODDInsulet Corp was $3,991
- Air Lease CorpCUSIP 00912X302 was $3,847
- XNXJXNuveen Nj Quality Muni Inc Fd was $3,264
- NBXGNeuberger Next Gen Conn Fd Nb was $2,971
- WDIWestern Asset Diversified Inc was $2,883
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +6.7% | +14.8% |
| March 31, 2026 | −3.8% | −4.6% |
| December 31, 2025 | +0.3% | +2.4% |
| September 30, 2025 | +4.5% | +7.8% |
| June 30, 2025 | +6.4% | +10.5% |
| March 31, 2025 | −2.9% | −4.6% |
| December 31, 2024 | −1.3% | +2.1% |
| September 30, 2024 | +4.7% | +5.4% |
| June 30, 2024 | +2.1% | +4.0% |
| March 31, 2024 | +5.7% | +10.0% |
| December 31, 2023 | +9.3% | +11.2% |
| September 30, 2023 | −4.7% | −3.6% |
| June 30, 2023 | +3.4% | +8.3% |
| March 31, 2023 | +3.3% | +7.0% |
| December 31, 2022 | +4.7% | +7.1% |
| September 30, 2022 | −5.6% | −5.3% |
| June 30, 2022 | −14.4% | −16.5% |
| March 31, 2022 | −8.9% | −4.9% |
| December 31, 2021 | +5.3% | +10.7% |
| September 30, 2021 | −0.5% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Sit Investment Associates Inc Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=769317&type=13F-HR&dateb=&owner=include&count=40CIK 769317
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/769317/000089710126000352/Filed August 12, 2026 · accession 0000897101-26-000352