Saratoga Research & Investment Management

CIK: 0001477872SEC EDGAR →

Portfolio Value

$1.9B

Holdings

47

As of

Q4 2025

New Positions

0

Closed Positions

1

Top 10 Holdings

RankStockSharesValue% of Portfolio
1

Alphabet Inc. CAP STK CL A

719,847$225.3M
11.81%
2

Microsoft Corp.

298,708$144.5M
7.57%
3

Berkshire Hathaway Inc. CL B NEW

263,262$132.3M
6.94%
4

Unilever PLC SPON ADR NEW

1,853,095$121.2M
6.35%
5

Walt Disney Company

1,023,783$116.5M
6.11%
6

Medtronic PLC

1,155,146$111.0M
5.82%
7

Johnson & Johnson

460,223$95.2M
4.99%
8

Roche Holding AG SPONSORED ADR

1,832,770$94.5M
4.95%
9

Novo Nordisk A/S ADR

1,852,566$94.3M
4.94%
10

ASML Holding N.V.

70,236$75.1M
3.94%

Quarterly Changes

Top Buys

ULNEW
$121.2M
JQUA↑ Increased
$10.0M
HON↑ Increased
$9.5M
NVDA↑ Increased
$2.3M
IVVNEW
$1.2M

Top Sells

ULCLOSED
$125.0M
GOOGL↓ Decreased
$33.5M
ORCL↓ Decreased
$32.7M
ZTS↓ Decreased
$15.2M
RHHBY↓ Decreased
$14.2M

New Positions (5)

$121.2M · 1.9M shares
$1.2M · 2K shares
$541K · 4K shares
$480K · 2K shares
$205K · 1K shares

Closed Positions (1)

$125.0M · 2.1M shares

Sector Breakdown

Sector# HoldingsValue%
Technology10$390.5M20.5%
Healthcare6$353.9M18.6%
Communication Services3$343.1M18.0%
Consumer Defensive8$233.6M12.2%
Unknown3$227.0M11.9%
Industrials6$198.4M10.4%
Consumer Cyclical5$89.5M4.7%
Financial Services6$71.6M3.8%