Saratoga Research & Investment Management Top Holdings and 13F Report (2024)

About Saratoga Research & Investment Management

Investment Activity

Saratoga Research & Investment Management has $2.20 billion in total holdings as of June 30, 2024.
Saratoga Research & Investment Management owns shares of 42 different stocks, but just 17 companies or ETFs make up 80% of its holdings.
Approximately 2.41% of the portfolio was purchased this quarter.
About 3.64% of the portfolio was sold this quarter.
This quarter, Saratoga Research & Investment Management has purchased 45 new stocks and bought additional shares in 8 stocks.
Saratoga Research & Investment Management sold shares of 31 stocks and completely divested from 4 stocks this quarter.

Largest Holdings

Alphabet: $175,728,484
Microsoft: $158,587,880
RTX: $153,298,692
Unilever: $152,168,685
Berkshire Hathaway: $138,450,515

Largest New Holdings this Quarter

JPMorgan US Quality Factor ETF: $578,532 Holding

Largest Purchases this Quarter

Johnson & Johnson: 112,234 shares (about $16.40M)
Accenture: 47,192 shares (about $14.32M)
NIKE: 124,621 shares (about $9.39M)
Oracle: 47,673 shares (about $6.73M)
Starbucks: 33,388 shares (about $2.60M)

Largest Sales this Quarter

RTX: 174,147 shares (about $17.48M)
Visa: 48,370 shares (about $12.70M)
Alphabet: 36,382 shares (about $6.63M)
Novo Nordisk A/S: 35,074 shares (about $5.01M)
Microsoft: 11,018 shares (about $4.92M)

Sector Allocation Over Time

Selling

Neutral

Buying

Latest 13F Holdings and Changes Since Previous Quarterly Filing

Issuer Name	Holdings Value	Approximate Purchase/Sale	Change in Shares	Shares Held	% of Portfolio	Sector
GOOGL Alphabet	$175,728,484	$6,626,981 ▼	-3.6%	964,746	8.0%	Computer and Technology
MSFT Microsoft	$158,587,880	$4,924,501 ▼	-3.0%	354,822	7.2%	Computer and Technology
RTX RTX	$153,298,692	$17,482,612 ▼	-10.2%	1,527,032	7.0%	Aerospace
UL Unilever	$152,168,685	$1,227,652 ▲	0.8%	2,767,207	6.9%	Consumer Staples
BRK.B Berkshire Hathaway	$138,450,515	$4,242,104 ▼	-3.0%	340,341	6.3%	Finance
DIS Walt Disney	$128,414,984	$4,274,135 ▼	-3.2%	1,293,333	5.8%	Consumer Discretionary
ORCL Oracle	$118,902,543	$6,731,428 ▲	6.0%	842,086	5.4%	Computer and Technology
MDT Medtronic	$109,477,739	$1,808,835 ▲	1.7%	1,390,900	5.0%	Medical
NVO Novo Nordisk A/S	$106,871,865	$5,006,463 ▼	-4.5%	748,717	4.9%	Medical
RHHBY Roche	$83,593,548	$1,657,122 ▼	-1.9%	2,411,121	3.8%	Medical
JNJ Johnson & Johnson	$80,644,218	$16,404,121 ▲	25.5%	551,753	3.7%	Medical
AAPL Apple	$74,166,182	$3,269,030 ▼	-4.2%	352,133	3.4%	Computer and Technology
GD General Dynamics	$73,130,802	$2,372,470 ▼	-3.1%	252,054	3.3%	Aerospace
NKE NIKE	$56,198,774	$9,392,679 ▲	20.1%	745,639	2.6%	Consumer Discretionary
HD Home Depot	$54,158,246	$2,066,817 ▼	-3.7%	157,327	2.5%	Retail/Wholesale
ACN Accenture	$51,674,516	$14,318,483 ▲	38.3%	170,313	2.3%	Computer and Technology
V Visa	$50,932,828	$12,695,674 ▼	-20.0%	194,052	2.3%	Business Services
WMT Walmart	$50,844,996	$2,290,223 ▼	-4.3%	750,923	2.3%	Retail/Wholesale
DEO Diageo	$48,009,751	$856,461 ▼	-1.8%	380,788	2.2%	Consumer Staples
CHRW C.H. Robinson Worldwide	$48,003,678	$155,091 ▼	-0.3%	544,754	2.2%	Transportation
ADBE Adobe	$44,040,434	$1,236,632 ▼	-2.7%	79,275	2.0%	Computer and Technology
SBUX Starbucks	$43,971,704	$2,599,256 ▲	6.3%	564,826	2.0%	Retail/Wholesale
BIIB Biogen	$36,578,994	$1,173,005 ▼	-3.1%	157,791	1.7%	Medical
PEP PepsiCo	$29,923,003	$637,123 ▼	-2.1%	181,429	1.4%	Consumer Staples
MMM 3M	$29,199,209	$1,150,146 ▼	-3.8%	285,735	1.3%	Industrials
PG Procter & Gamble	$29,126,026	$892,712 ▼	-3.0%	176,607	1.3%	Consumer Staples
CSCO Cisco Systems	$24,810,435	$1,750,221 ▼	-6.6%	522,215	1.1%	Computer and Technology
BDX Becton, Dickinson and Company	$19,593,896	$770,304 ▼	-3.8%	83,839	0.9%	Medical
CL Colgate-Palmolive	$14,103,227	$976,223 ▼	-6.5%	145,334	0.6%	Consumer Staples
KO Coca-Cola	$6,282,541	$317,994 ▼	-4.8%	98,705	0.3%	Consumer Staples
GOOG Alphabet	$2,370,337	$327,038 ▼	-12.1%	12,923	0.1%	Computer and Technology
ASML ASML	$1,101,480	$527,729 ▼	-32.4%	1,077	0.1%	Computer and Technology
AMGN Amgen	$789,249	$14,685 ▼	-1.8%	2,526	0.0%	Medical
TROW T. Rowe Price Group	$599,035	$1,499 ▼	-0.2%	5,195	0.0%	Finance
JQUA JPMorgan US Quality Factor ETF	$578,532	$578,532 ▲	New Holding	10,926	0.0%	ETF
PAYX Paychex	$558,655	$7,114 ▼	-1.3%	4,712	0.0%	Business Services
SYY Sysco	$534,854	$634,729 ▼	-54.3%	7,492	0.0%	Consumer Staples
CTSH Cognizant Technology Solutions	$516,188	$4,216 ▲	0.8%	7,591	0.0%	Computer and Technology
IBM International Business Machines	$513,316	$5,361 ▼	-1.0%	2,968	0.0%	Computer and Technology
AMZN Amazon.com	$386,500		0.0%	2,000	0.0%	Retail/Wholesale
LMT Lockheed Martin	$380,687	$7,007 ▼	-1.8%	815	0.0%	Aerospace
UBFO United Security Bancshares	$79,750		0.0%	11,000	0.0%	Finance
IFF International Flavors & Fragrances	$0	$925,768 ▼	-100.0%	0	0.0%	Consumer Staples
INTC Intel	$0	$281,628 ▼	-100.0%	0	0.0%	Computer and Technology
PII Polaris	$0	$252,903 ▼	-100.0%	0	0.0%	Auto/Tires/Trucks
BMY Bristol-Myers Squibb	$0	$200,868 ▼	-100.0%	0	0.0%	Medical