Saratoga Research & Investment Management — 13F Holdings & Portfolio

CIK 1477872 · latest 13F-HR filed 2026-07-23

Saratoga Research & Investment Management manages $1.83B in 13F-reported U.S. long-equity assets across 46 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are GOOGL (9.75%), NVO (8.49%), BRK.B (7.06%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 6 new positions, exited 6, added to 16, and trimmed 11.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Filer Information
Address
14471 BIG BASIN WAY
SUITE E
SARATOGA, CA 95070
Phone
(408) 741-2330
Filing Manager
Saratoga Research & Investment Management
SARATOGA, CA
Signatory
James Tanner
Director of Operations
Loading holdings…
AUM

$1.83B

Long-equity book

Holdings

46

Distinct positions

Period

2026-06-30

Filed 2026-07-23

Q/Q Activity

+6 / −6 / ↑16 / ↓11

vs 2026-03-31

Firm Profile & Key People
Name Title / Status Ownership Type

Top Adds (vs prior quarter)

  • ASML Holding N.V.$33.5M +39.4%
  • Novo Nordisk A/S$28.8M +22.8%
  • Eli Lilly & Co.$21.8M +51.0%
  • NVIDIA Corp.$18.3M +31.1%
  • Unilever PLC$12.7M +11.9%
Show all 16

Top Trims

  • Accenture PLC-$26.1M -98.3%
  • Johnson & Johnson-$12.3M -14.8%
  • Microsoft Corp.-$11.9M -8.7%
  • Medtronic PLC-$7.7M -7.6%
  • Pepsico Inc-$4.6M -17.1%
Show all 11

New Positions

  • Honeywell International Inc.$17.0M
  • Honeywell Aerospace Inc.$16.7M
  • Intuitive Surgical Inc.$15.1M
  • Emerson Electric Co.$10.3M
  • Baycom Corp$1.1M
Show all 6

Exited Positions

  • Honeywell International Inc.$37.5M
  • Nike, Inc.$6.2M
  • Adobe Inc$539.9K
  • Sysco Corporation$519.6K
  • Enterprise Products Partners L.P.$203.4K
Show all 6
All Holdings

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 Alphabet Inc. GOOGL 02079K305 $178.1M 9.75% 498,420 SH
2 Novo Nordisk A/S NVO 670100205 $155.1M 8.49% 3,236,009 SH
3 Berkshire Hathaway Inc. BRK.B 084670702 $129.0M 7.06% 257,895 SH
4 Microsoft Corp. MSFT 594918104 $124.7M 6.82% 334,179 SH
5 Unilever PLC UL 904767803 $119.4M 6.53% 1,986,430 SH
6 ASML Holding N.V. ASML N07059210 $118.4M 6.48% 59,510 SH
7 Walt Disney Company DIS 254687106 $104.3M 5.71% 1,083,810 SH
8 Medtronic PLC MDT G5960L103 $94.1M 5.15% 1,203,285 SH
9 NVIDIA Corp. NVDA 67066G104 $77.0M 4.21% 384,865 SH
10 Johnson & Johnson JNJ 478160104 $70.7M 3.87% 278,459 SH
11 Eli Lilly & Co. LLY 532457108 $64.6M 3.53% 53,862 SH
12 General Dynamics Corporation GD 369550108 $63.9M 3.50% 180,394 SH
13 Roche Holding AG RHHBY 771195104 $61.0M 3.34% 1,188,687 SH
14 Starbucks Corp. SBUX 855244109 $60.1M 3.29% 587,872 SH
15 Visa Inc V 92826C839 $50.7M 2.77% 147,779 SH
16 The Procter & Gamble Co. PG 742718109 $49.7M 2.72% 338,641 SH
17 RTX Corp. RTX 75513E101 $46.2M 2.53% 243,447 SH
18 C.H. Robinson Worldwide Inc CHRW 12541W209 $44.3M 2.42% 235,112 SH
19 Home Depot Inc. HD 437076102 $29.9M 1.64% 84,878 SH
20 Apple Inc. AAPL 037833100 $29.1M 1.59% 100,400 SH
21 Diageo PLC DEO 25243Q205 $29.0M 1.59% 361,038 SH
22 Pepsico Inc PEP 713448108 $22.3M 1.22% 164,728 SH
23 SPDR Bloomberg 1-3 Month T-Bill ETF BIL 78468R663 $19.7M 1.08% 215,009 SH
24 Honeywell International Inc. HON 438516205 $17.0M 0.93% 75,789 SH
25 Honeywell Aerospace Inc. HONA 43849R105 $16.7M 0.92% 75,656 SH
26 Colgate-Palmolive Co. CL 194162103 $16.1M 0.88% 175,603 SH
27 Intuitive Surgical Inc. ISRG 46120E602 $15.1M 0.83% 38,044 SH
28 Emerson Electric Co. EMR 291011104 $10.3M 0.56% 71,924 SH
29 JPMorgan US Quality Factor ETF JQUA 46641Q761 $1.4M 0.08% 19,289 SH
30 Baycom Corp BCML 07272M107 $1.1M 0.06% 32,035 SH
31 Alphabet Inc. GOOG 02079K107 $999.6K 0.05% 2,829 SH
32 Coca-Cola Co (The) KO 191216100 $800.4K 0.04% 9,849 SH
33 Amgen Inc. AMGN 031162100 $789.8K 0.04% 2,181 SH
34 International Business Machines Corp. IBM 459200101 $737.9K 0.04% 2,624 SH
35 Amphenol Corporation APH 032095101 $697.9K 0.04% 3,958 SH
36 Zoetis Inc. ZTS 98978V103 $592.8K 0.03% 8,249 SH
37 Cisco Systems, Inc. CSCO 17275R102 $527.7K 0.03% 4,493 SH
38 Vanguard Index Funds REAL ESTATE ETF VNQ 922908553 $522.1K 0.03% 5,414 SH
39 Amazon.com, Inc. AMZN 023135106 $476.7K 0.03% 2,000 SH
40 Lowes Companies, Inc. LOW 548661107 $442.7K 0.02% 2,008 SH
41 Accenture PLC ACN G1151C101 $437.8K 0.02% 3,518 SH
42 Lockheed Martin Corporation LMT 539830109 $354.1K 0.02% 695 SH
43 Price T Rowe Group Inc. TROW 74144T108 $338.5K 0.02% 2,977 SH
44 Paychex Inc PAYX 704326107 $329.3K 0.02% 3,349 SH
45 Novartis AG NVS 66987V109 $233.5K 0.01% 1,490 SH
46 Altria Group, Inc. MO 02209S103 $210.1K 0.01% 2,920 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-07-23 $1.83B 46 0001477872-26-000004
2026-03-31 2026-05-08 $1.76B 46 0001477872-26-000003
2025-12-31 2026-02-05 $1.91B 47 0001477872-26-000001