Saratoga Research & Investment Management

hedge fundUpdated 20 days ago

Managed by Saratoga Research & Investment Management • Latest filing Q3 2026

Portfolio value

$1.8B

Q3 2026

Filings

5

Quarterly 13F history

Top-10 concentration

100.0%

Weight of largest holdings

Annualized return

-5.5%

Implied from 13F holdings

Portfolio value history

13F-disclosed portfolio value over 5 quarters

Show data table

Period	Portfolio value
Q3 2025	$1.9B
Q4 2025	$1.9B
Q1 2026	$1.8B
Q2 2026	$1.8B
Q3 2026	$1.8B

Top holdings

44 positions as of Q3 2026

#	Stock	Value	Shares	% Portfolio	Change
1	M MSFT History → Microsoft Corp.	$171.4M	334.1K	9.44%	Trimmed(-0.0%)
2	G GOOGN History → Alphabet Inc.	$170.4M	495.3K	9.39%	Trimmed(-0.6%)
3	B BRK-A History → Berkshire Hathaway Inc.	$129.6M	260.3K	7.14%	Added(+0.9%)
4	U UNLYF History → Unilever PLC	$122.6M	2.02M	6.75%	Added(+1.6%)
5	N NONOF History → Novo Nordisk A/S	$120.6M	3.18M	6.64%	Trimmed(-1.7%)
6	D DIS History → Walt Disney Company	$117.2M	1.12M	6.46%	Added(+3.1%)
7	M MDT History → Medtronic PLC	$104.5M	1.21M	5.76%	Added(+0.7%)
8	A ASMLF History → ASML Holding N.V.	$104M	57.4K	5.73%	Trimmed(-3.5%)
9	N NVDA History → NVIDIA Corp.	$86.4M	378.2K	4.76%	Trimmed(-1.7%)
10	J JNJ History → Johnson & Johnson	$70.2M	265.1K	3.87%	Trimmed(-4.8%)
11	L LLY History → Eli Lilly & Co.	$59.9M	51.8K	3.30%	Trimmed(-3.9%)
12	? N/A Roche Holding AG	$59.8M	1.15M	3.29%	Trimmed(-3.0%)
13	G GD History → General Dynamics Corporation	$58M	174.7K	3.19%	Trimmed(-3.1%)
14	S SBUX History → Starbucks Corp.	$53.4M	568.5K	2.94%	Trimmed(-3.3%)
15	V V History → Visa Inc	$51.4M	143.0K	2.83%	Trimmed(-3.2%)
16	P PG History → The Procter & Gamble Co.	$47.5M	326.8K	2.62%	Trimmed(-3.5%)
17	R RTX History → RTX Corp.	$41.4M	223.2K	2.28%	Trimmed(-8.3%)
18	A AVGO History → C.H. Robinson Worldwide Inc	$33.6M	227.4K	1.85%	Trimmed(-3.3%)
19	A AAPL History → Apple Inc.	$30.7M	92.2K	1.69%	Trimmed(-8.2%)
20	D DGEAF History → Diageo PLC	$29.2M	340.5K	1.61%	Trimmed(-5.7%)

M

1.MSFT History →

Microsoft Corp.

-0.0%

Value

$171.4M

Shares

334.1K

% Port

9.44%

G

2.GOOGN History →

Alphabet Inc.

-0.6%

Value

$170.4M

Shares

495.3K

% Port

9.39%

B

3.BRK-A History →

Berkshire Hathaway Inc.

+0.9%

Value

$129.6M

Shares

260.3K

% Port

7.14%

U

4.UNLYF History →

Unilever PLC

+1.6%

Value

$122.6M

Shares

2.02M

% Port

6.75%

N

5.NONOF History →

Novo Nordisk A/S

-1.7%

Value

$120.6M

Shares

3.18M

% Port

6.64%

D

6.DIS History →

Walt Disney Company

+3.1%

Value

$117.2M

Shares

1.12M

% Port

6.46%

M

7.MDT History →

Medtronic PLC

+0.7%

Value

$104.5M

Shares

1.21M

% Port

5.76%

A

8.ASMLF History →

ASML Holding N.V.

-3.5%

Value

$104M

Shares

57.4K

% Port

5.73%

N

9.NVDA History →

NVIDIA Corp.

-1.7%

Value

$86.4M

Shares

378.2K

% Port

4.76%

J

10.JNJ History →

Johnson & Johnson

-4.8%

Value

$70.2M

Shares

265.1K

% Port

3.87%

L

11.LLY History →

Eli Lilly & Co.

-3.9%

Value

$59.9M

Shares

51.8K

% Port

3.30%

?

12.N/A

Roche Holding AG

-3.0%

Value

$59.8M

Shares

1.15M

% Port

3.29%

G

13.GD History →

General Dynamics Corporation

-3.1%

Value

$58M

Shares

174.7K

% Port

3.19%

S

14.SBUX History →

Starbucks Corp.

-3.3%

Value

$53.4M

Shares

568.5K

% Port

2.94%

V

15.V History →

Visa Inc

-3.2%

Value

$51.4M

Shares

143.0K

% Port

2.83%

P

16.PG History →

The Procter & Gamble Co.

-3.5%

Value

$47.5M

Shares

326.8K

% Port

2.62%

R

17.RTX History →

RTX Corp.

-8.3%

Value

$41.4M

Shares

223.2K

% Port

2.28%

A

18.AVGO History →

C.H. Robinson Worldwide Inc

-3.3%

Value

$33.6M

Shares

227.4K

% Port

1.85%

A

19.AAPL History →

Apple Inc.

-8.2%

Value

$30.7M

Shares

92.2K

% Port

1.69%

D

20.DGEAF History →

Diageo PLC

-5.7%

Value

$29.2M

Shares

340.5K

% Port

1.61%

View full portfolio (44 holdings) →

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