Filed: 11/17/2025ACC: 0001477872-25-000007
📋 What this filing means
SARATOGA RESEARCH & INVESTMENT MANAGEMENT filed this quarterly 13F‑HR report disclosing 43 equity positions with a total reported market value of $1.92B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
43
Positions
$1.92B
Total AUM (reported)
14.24M
Total Shares
Allocation by class
COM$1.90B98.8%
ETF$22.76M1.2%
Portfolio Concentration
Top 3$483.77M25.2%
4–10$726.80M37.8%
11–25$616.16M32.0%
Rest$95.82M5.0%
Top 3 weight
25.2%
Top 10 weight
63.0%
Voting Authority Distribution
Total shares with voting rights: 14.24M
Sole
Full voting authority
13.50M
shares
% of voting shares94.8%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
740.29K
shares
% of voting shares5.2%
Investment Discretion (by position count)
Sole43
Shared0
Other0
Dominant voting typeSole · 94.8% of voting shares
Institutional Holdings43
Rows:
Alphabet Inc.
SOLEShares789.17K
TypeSH
Market value$191.85M
9.98%
Sole
744.62K
Shared
0.00
None
44.55K
Microsoft Corp.
SOLEShares303.47K
TypeSH
Market value$157.18M
8.18%
Sole
286.42K
Shared
0.00
None
17.05K
Berkshire Hathaway Inc.
SOLEShares268.01K
TypeSH
Market value$134.74M
7.01%
Sole
253.24K
Shared
0.00
None
14.77K
Unilever PLC
SOLEShares2.11M
TypeSH
Market value$125.00M
6.50%
Sole
1.99M
Shared
0.00
None
119.05K
Walt Disney Company
SOLEShares1.02M
TypeSH
Market value$117.00M
6.09%
Sole
964.07K
Shared
0.00
None
57.76K
Medtronic PLC
SOLEShares1.17M
TypeSH
Market value$111.52M
5.80%
Sole
1.11M
Shared
0.00
None
62.47K
Novo Nordisk A/S
SOLEShares1.85M
TypeSH
Market value$102.86M
5.35%
Sole
1.75M
Shared
0.00
None
103.79K
Oracle Corp.
SOLEShares355.90K
TypeSH
Market value$100.09M
5.21%
Sole
338.23K
Shared
0.00
None
17.68K
Johnson & Johnson
SOLEShares485.62K
TypeSH
Market value$90.04M
4.68%
Sole
462.84K
Shared
0.00
None
22.78K
Roche Holding AG
SOLEShares1.92M
TypeSH
Market value$80.28M
4.18%
Sole
1.82M
Shared
0.00
None
100.03K
ASML Holding N.V.
SOLEShares73.83K
TypeSH
Market value$71.47M
3.72%
Sole
70.17K
Shared
0.00
None
3.66K
General Dynamics Corporation
SOLEShares197.44K
TypeSH
Market value$67.33M
3.50%
Sole
186.07K
Shared
0.00
None
11.38K
RTX Corp.
SOLEShares329.26K
TypeSH
Market value$55.09M
2.87%
Sole
312.19K
Shared
0.00
None
17.06K
Starbucks Corp.
SOLEShares621.91K
TypeSH
Market value$52.61M
2.74%
Sole
593.26K
Shared
0.00
None
28.64K
Eli Lilly & Co.
SOLEShares61.46K
TypeSH
Market value$46.89M
2.44%
Sole
58.09K
Shared
0.00
None
3.37K
C.H. Robinson Worldwide Inc
SOLEShares327.13K
TypeSH
Market value$43.31M
2.25%
Sole
309.52K
Shared
0.00
None
17.61K
Visa Inc
SOLEShares116.60K
TypeSH
Market value$39.80M
2.07%
Sole
110.47K
Shared
0.00
None
6.13K
Home Depot Inc.
SOLEShares95.67K
TypeSH
Market value$38.77M
2.02%
Sole
90.47K
Shared
0.00
None
5.20K
Accenture PLC
SOLEShares146.17K
TypeSH
Market value$36.05M
1.87%
Sole
138.66K
Shared
0.00
None
7.51K
The Procter & Gamble Co.
SOLEShares223.90K
TypeSH
Market value$34.40M
1.79%
Sole
213.15K
Shared
0.00
None
10.75K
Diageo PLC
SOLEShares336.55K
TypeSH
Market value$32.12M
1.67%
Sole
320.37K
Shared
0.00
None
16.18K
Apple Inc.
SOLEShares124.33K
TypeSH
Market value$31.66M
1.65%
Sole
120.48K
Shared
0.00
None
3.86K
Pepsico Inc
SOLEShares181.50K
TypeSH
Market value$25.49M
1.33%
Sole
172.64K
Shared
0.00
None
8.87K
SPDR Bloomberg 1-3 Month T-Bill ETF
SOLEShares245.70K
TypeSH
Market value$22.54M
1.17%
Sole
241.13K
Shared
0.00
None
4.57K
NVIDIA Corp.
SOLEShares99.81K
TypeSH
Market value$18.62M
0.97%
Sole
97.17K
Shared
0.00
None
2.63K
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
Alphabet Inc.SOLE | COM | 789.17K | SH | $191.85M 9.98% | 744.62K | 0.00 | 44.55K |
Microsoft Corp.SOLE | COM | 303.47K | SH | $157.18M 8.18% | 286.42K | 0.00 | 17.05K |
Berkshire Hathaway Inc.SOLE | COM | 268.01K | SH | $134.74M 7.01% | 253.24K | 0.00 | 14.77K |
Unilever PLCSOLE | COM | 2.11M | SH | $125.00M 6.50% | 1.99M | 0.00 | 119.05K |
Walt Disney CompanySOLE | COM | 1.02M | SH | $117.00M 6.09% | 964.07K | 0.00 | 57.76K |
Medtronic PLCSOLE | COM | 1.17M | SH | $111.52M 5.80% | 1.11M | 0.00 | 62.47K |
Novo Nordisk A/SSOLE | COM | 1.85M | SH | $102.86M 5.35% | 1.75M | 0.00 | 103.79K |
Oracle Corp.SOLE | COM | 355.90K | SH | $100.09M 5.21% | 338.23K | 0.00 | 17.68K |
Johnson & JohnsonSOLE | COM | 485.62K | SH | $90.04M 4.68% | 462.84K | 0.00 | 22.78K |
Roche Holding AGSOLE | COM | 1.92M | SH | $80.28M 4.18% | 1.82M | 0.00 | 100.03K |
ASML Holding N.V.SOLE | COM | 73.83K | SH | $71.47M 3.72% | 70.17K | 0.00 | 3.66K |
General Dynamics CorporationSOLE | COM | 197.44K | SH | $67.33M 3.50% | 186.07K | 0.00 | 11.38K |
RTX Corp.SOLE | COM | 329.26K | SH | $55.09M 2.87% | 312.19K | 0.00 | 17.06K |
Starbucks Corp.SOLE | COM | 621.91K | SH | $52.61M 2.74% | 593.26K | 0.00 | 28.64K |
Eli Lilly & Co.SOLE | COM | 61.46K | SH | $46.89M 2.44% | 58.09K | 0.00 | 3.37K |
C.H. Robinson Worldwide IncSOLE | COM | 327.13K | SH | $43.31M 2.25% | 309.52K | 0.00 | 17.61K |
Visa IncSOLE | COM | 116.60K | SH | $39.80M 2.07% | 110.47K | 0.00 | 6.13K |
Home Depot Inc.SOLE | COM | 95.67K | SH | $38.77M 2.02% | 90.47K | 0.00 | 5.20K |
Accenture PLCSOLE | COM | 146.17K | SH | $36.05M 1.87% | 138.66K | 0.00 | 7.51K |
The Procter & Gamble Co.SOLE | COM | 223.90K | SH | $34.40M 1.79% | 213.15K | 0.00 | 10.75K |
Diageo PLCSOLE | COM | 336.55K | SH | $32.12M 1.67% | 320.37K | 0.00 | 16.18K |
Apple Inc.SOLE | COM | 124.33K | SH | $31.66M 1.65% | 120.48K | 0.00 | 3.86K |
Pepsico IncSOLE | COM | 181.50K | SH | $25.49M 1.33% | 172.64K | 0.00 | 8.87K |
SPDR Bloomberg 1-3 Month T-Bill ETFSOLE | ETF | 245.70K | SH | $22.54M 1.17% | 241.13K | 0.00 | 4.57K |
NVIDIA Corp.SOLE | COM | 99.81K | SH | $18.62M 0.97% | 97.17K | 0.00 | 2.63K |
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