Saratoga Research & Investment Management
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q2 2025 ▲▼ | Q3 2025 ▲▼ | Change ▲▼ | Q2 2025 ▲▼ | Q3 2025 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| Alphabet Inc.(GOOG) | 831,445 | 789,168 | -42,277 | 146,525,552 | 191,846,741 | 9.98% | +45,321,189 |
| Eli Lilly & Co.(LLY) | 37,233 | 61,459 | +24,226 | 29,024,240 | 46,893,217 | 2.44% | +17,868,977 |
| Johnson & Johnson(JNJ) | 501,415 | 485,620 | -15,795 | 76,591,141 | 90,043,660 | 4.68% | +13,452,519 |
| ASML Holding N.V. | 75,008 | 73,830 | -1,178 | 60,110,661 | 71,474,085 | 3.72% | +11,363,424 |
| Berkshire Hathaway Inc. | 258,265 | 268,008 | +9,743 | 125,457,389 | 134,738,342 | 7.01% | +9,280,953 |
| Medtronic PLC(MDT) | 1,181,002 | 1,170,942 | -10,060 | 102,947,944 | 111,520,516 | 5.80% | +8,572,572 |
| General Dynamics Corporation(GD) | 206,088 | 197,443 | -8,645 | 60,107,626 | 67,328,063 | 3.50% | +7,220,437 |
| Starbucks Corp.(SBUX) | 510,482 | 621,908 | +111,426 | 46,775,466 | 52,613,417 | 2.74% | +5,837,951 |
| Apple Inc.(AAPL) | 133,633 | 124,335 | -9,298 | 27,417,483 | 31,659,421 | 1.65% | +4,241,938 |
| Honeywell International Inc.(HON) | 57,925 | 84,226 | +26,301 | 13,489,574 | 17,729,573 | 0.92% | +4,239,999 |
| Pepsico Inc(PEP) | 167,435 | 181,505 | +14,070 | 22,108,117 | 25,490,562 | 1.33% | +3,382,445 |
| NVIDIA Corp.(NVDA) | 102,161 | 99,805 | -2,356 | 16,140,416 | 18,621,617 | 0.97% | +2,481,201 |
| Home Depot Inc.(HD) | 99,605 | 95,674 | -3,931 | 36,519,177 | 38,766,148 | 2.02% | +2,246,971 |
| Oracle Corp.(ORCL) | 450,920 | 355,900 | -95,020 | 98,584,640 | 100,093,316 | 5.21% | +1,508,676 |
| The Procter & Gamble Co.(PG) | 208,643 | 223,896 | +15,253 | 33,241,003 | 34,401,620 | 1.79% | +1,160,617 |
| C.H. Robinson Worldwide Inc(CHRW) | 443,311 | 327,131 | -116,180 | 42,535,691 | 43,312,144 | 2.25% | +776,453 |
| Zoetis Inc.(ZTS) | 98,597 | 110,018 | +11,421 | 15,376,202 | 16,097,834 | 0.84% | +721,632 |
| Alphabet Inc.(GOOG) | 4,934 | 4,257 | -677 | 875,242 | 1,036,792 | 0.05% | +161,550 |
| Sysco Corporation(SYY) | 7,372 | 7,317 | -55 | 558,355 | 602,482 | 0.03% | +44,127 |
| Lockheed Martin Corporation(LMT) | 695 | 695 | 0 | 321,882 | 346,951 | 0.02% | +25,069 |
| Price T Rowe Group Inc.(TROW) | 2,986 | 2,986 | 0 | 288,149 | 306,483 | 0.02% | +18,334 |
| United Security Bs | 11,000 | 11,000 | 0 | 95,150 | 102,630 | 0.01% | +7,480 |
| Amgen Inc.(AMGN) | 2,358 | 2,358 | 0 | 658,377 | 665,428 | 0.03% | +7,051 |
| Amazon.com, Inc.(AMZN) | 2,000 | 2,000 | 0 | 438,780 | 439,140 | 0.02% | +360 |
| International Business Machines Corp.(IBM) | 2,738 | 2,738 | 0 | 807,108 | 772,554 | 0.04% | -34,554 |
| Coca-Cola Co (The)(KO) | 9,895 | 9,895 | 0 | 700,071 | 656,236 | 0.03% | -43,835 |
| Paychex Inc(PAYX) | 3,882 | 3,882 | 0 | 564,676 | 492,082 | 0.03% | -72,594 |
| Walmart Inc(WMT) | 174,900 | 162,620 | -12,280 | 17,101,722 | 16,759,617 | 0.87% | -342,105 |
| Roche Holding AG | 1,978,134 | 1,920,085 | -58,049 | 80,628,742 | 80,278,754 | 4.18% | -349,988 |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 249,882 | 245,697 | -4,185 | 22,921,676 | 22,542,700 | 1.17% | -378,976 |
| Cisco Systems, Inc.(CSCO) | 16,723 | 10,761 | -5,962 | 1,160,242 | 736,268 | 0.04% | -423,974 |
| Cognizant Technology Solutions Corp.(CTSH) | 7,428 | 0 | -7,428 | 579,607 | 0 | — | -579,607 |
| JPMorgan US Quality Factor ETF | 18,382 | 3,492 | -14,890 | 1,103,839 | 219,682 | 0.01% | -884,157 |
| Microsoft Corp.(MSFT) | 318,079 | 303,466 | -14,613 | 158,215,675 | 157,180,215 | 8.18% | -1,035,460 |
| Novo Nordisk A/S(NVO) | 1,512,677 | 1,853,707 | +341,030 | 104,404,967 | 102,862,201 | 5.35% | -1,542,766 |
| Adobe Inc(ADBE) | 43,634 | 41,704 | -1,930 | 16,881,122 | 14,711,086 | 0.77% | -2,170,036 |
| Colgate-Palmolive Co.(CL) | 195,696 | 194,095 | -1,601 | 17,788,781 | 15,515,954 | 0.81% | -2,272,827 |
| Diageo PLC(DEO) | 341,086 | 336,548 | -4,538 | 34,395,112 | 32,116,776 | 1.67% | -2,278,336 |
| Visa Inc(V) | 121,642 | 116,596 | -5,046 | 43,188,992 | 39,803,542 | 2.07% | -3,385,450 |
| RTX Corp.(RTX) | 418,167 | 329,256 | -88,911 | 61,060,745 | 55,094,407 | 2.87% | -5,966,338 |
| Unilever PLC(UL) | 2,157,095 | 2,108,717 | -48,378 | 131,949,509 | 125,004,751 | 6.50% | -6,944,758 |
| Accenture PLC | 149,552 | 146,168 | -3,384 | 44,699,597 | 36,045,029 | 1.87% | -8,654,568 |
| Nike, Inc.(NKE) | 255,501 | 123,790 | -131,711 | 18,150,791 | 8,631,877 | 0.45% | -9,518,914 |
| Walt Disney Company(DIS) | 1,253,656 | 1,021,831 | -231,825 | 155,465,881 | 116,999,650 | 6.09% | -38,466,231 |