NPORT-EX 2 SI93SIT09302022.htm FOR VALIDATION PURPOSES ONLY - [351958.ESG]
    

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2022

 

Sit ESG Growth Fund

Investments are grouped by geographic region.

 

     
Name of Issuer       Quantity       Fair Value ($)

Common Stocks - 95.3%

    

Asia - 7.5%

   

Japan - 6.4%

   

Astellas Pharma, Inc.

     6,400       84,783  

Keyence Corp.

     200       66,112  

Recruit Holdings Co., Ltd.

     3,100       89,297  

Sony Group Corp., ADR

     1,925       123,296  

Terumo Corp.

     2,600       73,087  
   

 

 

 

      436,575  
   

 

 

 

Singapore - 1.1%

   

Singapore Technologies Engineering, Ltd.

     31,200       77,515  
   

 

 

 

Europe - 34.6%

   

France - 1.3%

   

Faurecia SE *

    2,358       25,525  

Safran SA, ADR

     2,750       62,370  
   

 

 

 

      87,895  
   

 

 

 

Germany - 5.4%

    

adidas AG, ADR

     650       37,317  

Allianz SE, ADR

     8,800       137,368  

Deutsche Post AG

     1,550       46,716  

Infineon Technologies AG

     1,225       26,808  

Muenchener Rueckversicherungs AG

     125       30,090  

Siemens AG, ADR

     1,775       86,886  
   

 

 

 

      365,185  
   

 

 

 

Ireland - 6.0%

    

Accenture, PLC

     575       147,947  

CRH, PLC, ADR

     1,200       38,676  

Medtronic, PLC

     1,225       98,919  

Trane Technologies, PLC

     875       126,709  
   

 

 

 

      412,251  
   

 

 

 

Spain - 2.2%

    

Iberdrola SA, ADR

     4,050       150,701  
   

 

 

 

Sweden - 0.9%

    

Telefonaktiebolaget LM Ericsson, ADR

     11,175       64,144  
   

 

 

 

Switzerland - 6.3%

    

Chubb, Ltd.

     250       45,470  

Logitech International SA

     1,550       71,300  

Lonza Group AG

     185       90,075  

Nestle SA, ADR

     1,200       129,132  

Novartis AG, ADR

     1,200       91,212  
   

 

 

 

      427,189  
   

 

 

 

United Kingdom - 12.5%

    

AstraZeneca, PLC, ADR

     2,950       161,778  

BAE Systems, PLC, ADR

     3,500       122,728  

Coca-Cola Europacific Partners, PLC

     2,100       89,502  

Diageo, PLC, ADR

     785       133,301  

Entain, PLC

     4,300       51,413  

HomeServe, PLC

     6,525       85,972  

Man Group, PLC

     13,000       32,189  

RELX, PLC, ADR

     4,700       114,257  

Smith & Nephew, PLC

     5,550       64,062  
   

 

 

 

      855,202  
   

 

 

 

 

 

     
Name of Issuer       Quantity       Fair Value ($)

North America - 53.2%

   

United States - 53.2%

   

Adobe, Inc. *

    450       123,840  

AES Corp.

     3,025       68,365  

Alphabet, Inc. - Class A *

    2,500       239,125  

Apple, Inc.

     3,600       497,520  

Baxter International, Inc.

     1,650       88,869  

Broadcom, Inc.

     75       33,301  

CVS Health Corp.

     1,550       147,823  

Dexcom, Inc. *

    1,080       86,983  

Ecolab, Inc.

     325       46,937  

FedEx Corp.

     375       55,676  

Goldman Sachs Group, Inc.

     600       175,830  

Home Depot, Inc.

     745       205,575  

Johnson & Johnson

     1,175       191,948  

JPMorgan Chase & Co.

     1,075       112,337  

Lockheed Martin Corp.

     185       71,464  

Microsoft Corp.

     2,000       465,800  

NIKE, Inc.

     850       70,652  

NVIDIA Corp.

     1,000       121,390  

PepsiCo, Inc.

     875       142,852  

salesforce.com, Inc. *

    850       122,264  

Starbucks Corp.

     1,000       84,260  

T Rowe Price Group, Inc.

     475       49,880  

TJX Cos., Inc.

     1,380       85,726  

UnitedHealth Group, Inc.

     500       252,520  

Visa, Inc.

     475       84,384  
   

 

 

 

      3,625,321  
   

 

 

 

Total Common Stocks
(cost: $5,267,823)

       6,501,978  
   

 

 

 

Short-Term Securities - 4.5%

    

Fidelity Inst. Money Mkt. Gvt. Fund, 2.74%
(cost $307,358)

     307,358       307,358  
   

 

 

 

Total Investments in Securities - 99.8%
(cost $5,575,181)

       6,809,336  

Other Assets and Liabilities, net - 0.2%

       13,332  
   

 

 

 

Net Assets - 100.0%

       $6,822,668  
   

 

 

 

 

 

 

*

Non-income producing security.

 

 

ADR — American Depositary Receipt

 

 

PLC — Public Limited Company

Numeric footnotes not disclosed are not applicable to this Schedule of Investments.

 

 

   
SEPTEMBER 30, 2022    1
    

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2022

Sit ESG Growth Fund (Continued)

 

Portfolio Structure - By Sector    (% of Total Net Assets)    

Technology Services

      17.4%                   

Health Technology

      15.1     

Electronic Technology

      12.9     

Consumer Non-Durables

        8.8     

Finance

        8.6     

Producer Manufacturing

        8.4     

Retail Trade

        6.4     

Consumer Services

        4.9     

Health Services

        3.7     

Utilities

        3.2     

Consumer Durables

        1.8     

Transportation

        1.5     

Commercial Services

        1.3     

Process Industries

        0.7     

Non-Energy Minerals

        0.6     

Short-Term Securities

        4.5     
  

 

  
     99.8     

Other Assets and Liabilities, net

       0.2     
  

 

  
   100.0%  
  

 

  
 

 

A summary of the levels for the Fund’s investments as of September 30, 2022 is as follows:

 

    Investment in Securities  
    Level 1
Quoted
      Prices ($)      		      Level 2
Other significant
observable inputs ($)		     

Level 3

Significant
unobservable inputs ($)

      Total ($)          
 

 

 

  

Common Stocks

           

France

     62,370        25,525                —                87,895  

Germany

     261,571        103,614                —                365,185  

Ireland

     412,251        —                —                412,251  

Japan

     123,296        313,279                —                436,575  

Singapore

     —        77,515                —                77,515  

Spain

     150,701        —                —                150,701  

Sweden

     64,144        —                —                64,144  

Switzerland

     337,114        90,075                —                427,189  

United Kingdom

     621,566        233,636                —                855,202  

United States

     3,625,321        —                —                3,625,321  

Short-Term Securities

     307,358        —                —                307,358  
 

 

 

  

Total:

               5,965,692        843,644                —                6,809,336  
 

 

 

  

Level 1 securities of foreign issuers are primarily American Depositary Receipts (ADRs), Public Limited Companies (PLCs) or Global Depositary Receipts (GDRs). There were no transfers into or out of level 3 during the reporting period.

For additional information about significant accounting policies, including valuation of investments, refer to the Fund’s most recent annual report.

 

   
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