Sit Investment Associates Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 12, 2026), Sit Investment Associates Inc. reported 521 stock positions worth $5.3 billion. Its top holding was Nvidia (NVDA) at 3.1% of the portfolio, followed by Broadcom (AVGO, 3.0%) and Angel Oak Financ Strat (FINS, 2.7%). Compared with Q1 2026, it opened 47 new positions, sold out of 27, added to 155 and reduced 157. The biggest buy was UBS Asset Management High Yi (DHY, shares +12475%) and the biggest sale an exit from Nuveen Pa QLTY Muni (XNQPX).
- Most Recent 13F
- Q2 2026
- Location
- Minneapolis, MN
- CIK
- 0000769317
- Portfolio Value
- $5.3B (Q2 2026)
- SEC Filing
- 0000897101-26-000352 ↗ filed Aug 12, 2026
Holdings Value
Holdings 521 stocks · $5.3B
| NVDA Nvidia Corp. | 3.10% | 819,830 | $164.0M | Reduce -0.5% |
| AVGO Broadcom Inc. | 2.97% | 415,970 | $157.1M | Reduce -6.1% |
| FINS Angel Oak Financ Strat Inc. | 2.66% | 10,962,663 | $140.3M | Add +0.8% |
| AAPL Apple Inc. | 2.45% | 448,073 | $129.7M | Reduce -4.0% |
| BBN BlackRock Taxable Muni BND | 2.41% | 7,890,277 | $127.6M | Add +5.7% |
| BHK BlackRock Core Bond Trust | 2.07% | 11,940,867 | $109.5M | Add +10.0% |
| MSFT Microsoft Corp. | 1.95% | 275,845 | $102.9M | Reduce -1.1% |
| GOOGL Alphabet Inc. Class A | 1.94% | 287,445 | $102.7M | Add +0.8% |
| PPT Franklin Premir Inc. Trust-Ui | 1.89% | 28,618,942 | $99.9M | Add +1.6% |
| TSI TCW Strategic Income Fund | 1.77% | 20,744,061 | $93.6M | Add +9.5% |
| KTF DWS Municipal Income Trust | 1.70% | 9,781,996 | $90.0M | Reduce -1.1% |
| AMAT Applied Materials Inc. | 1.66% | 121,592 | $87.9M | Reduce -2.6% |
| MIN Aberdeen Intermediate Inc. FD | 1.56% | 33,381,994 | $82.5M | Add +9.6% |
| XEVVX Eaton Vance Ltd. Durat Inc. | 1.42% | 8,006,717 | $75.0M | Add +1.8% |
| PIM Franklin Master Interm IT-Ui filed as PUTNAM MASTER INTER INCOME T | 1.39% | 22,681,925 | $73.3M | Reduce -0.1% |
| BTZ BlackRock Credit Allocation | 1.35% | 6,991,115 | $71.4M | Add +0.7% |
| NBB Nuveen Taxable Municipal Inc. | 1.14% | 3,809,746 | $60.1M | Add +0.4% |
| BKT BlackRock Income Trust | 1.10% | 5,419,312 | $58.1M | Add +10.2% |
| AMZN Amazon.com Inc. | 1.06% | 235,687 | $56.2M | Reduce -3.7% |
| JRI Nuveen Real Asset Inc. & GRW | 1.06% | 4,317,631 | $56.0M | Reduce -1.1% |
| BIT BlackRock Multi-Sector Inc. | 1.03% | 4,333,909 | $54.3M | Reduce -7.4% |
| NPFD Nuveen Var RT Pref & Inc. | 0.86% | 2,408,758 | $45.3M | Reduce -0.7% |
| DBL Doubleline Opport Credit | 0.85% | 3,125,689 | $44.9M | Add +0.7% |
| FTHY First Trust Hi YLD Opp 2027 | 0.84% | 3,252,705 | $44.6M | Add +16.9% |
| ANET Arista Networks Inc. | 0.80% | 248,956 | $42.3M | Reduce -0.3% |
| XSCDX LMP Capital and Income Fund | 0.78% | 2,635,988 | $41.3M | Reduce -5.2% |
| BGB Blackstone Strategic Credit | 0.78% | 3,635,425 | $41.1M | Add +32.0% |
| META Meta Platforms Inc. Class A | 0.76% | 70,989 | $40.0M | Reduce -2.9% |
| RA Brookfield Real Assets Incom | 0.75% | 3,062,517 | $39.4M | Add +7.3% |
| LLY Eli Lilly & Co. | 0.75% | 32,822 | $39.4M | Reduce -4.3% |
| CB Chubb Ltd. | 0.72% | 111,885 | $38.1M | No change |
| HYT BlackRock Corp. Hi YLD | 0.71% | 4,388,421 | $37.6M | Reduce -16.1% |
| JHS John Hancock Income Sec TR | 0.70% | 3,356,948 | $37.0M | Add +5.1% |
| UNH Unitedhealth Group Inc. | 0.68% | 86,669 | $36.0M | Reduce -16.0% |
| JPM JPMorgan Chase & Co. | 0.67% | 108,572 | $35.5M | Reduce -3.0% |
| NHS Neuberger High Yield Strateg | 0.66% | 5,605,481 | $35.0M | Add +1736.2% |
| JGH Nuveen Global High Income | 0.66% | 2,729,458 | $34.7M | Reduce -6.2% |
| JMM Nuveen Multi-Market Income | 0.64% | 5,814,677 | $34.1M | Add +2.1% |
| DHY UBS Asset Management High Yi filed as CREDIT SUISSE HIGH YIELD CRE | 0.64% | 19,046,313 | $33.9M | Add +12474.7% |
| GS Goldman Sachs Group Inc. | 0.60% | 31,440 | $31.8M | Reduce -4.7% |
| MMT Aberdeen Multimarket Income | 0.60% | 7,175,980 | $31.6M | Add +780.1% |
| PANW Palo Alto Networks Inc. | 0.59% | 91,842 | $31.3M | No change |
| JFR Nuveen Floating Rate Income | 0.59% | 4,082,097 | $31.3M | Reduce -12.0% |
| MGF Aberdeen Govrn MKTS Inc. Fund | 0.58% | 10,688,042 | $30.7M | Add +17.1% |
| GOOG Alphabet Inc. Class C | 0.56% | 83,425 | $29.5M | Reduce -0.5% |
| ERC Allspring Multi-Sector Inc. | 0.56% | 3,197,573 | $29.4M | Add +11.4% |
| FSSL FS Specialty Lending Fund | 0.55% | 2,608,084 | $29.1M | Add +8.2% |
| RIV Rivernorth Opportunities | 0.55% | 2,488,022 | $29.0M | Reduce -0.4% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 0.51% | 13,488 | $26.8M | No change |
| FMY First Trust Mortgage Income | 0.51% | 2,281,594 | $26.8M | Reduce -0.1% |
| WMB Williams Cos Inc. | 0.50% | 357,674 | $26.6M | Reduce -8.2% |
| V Visa Inc. Class A | 0.50% | 77,191 | $26.5M | Reduce -1.5% |
| CRF Cornerstone Total Return | 0.48% | 3,533,467 | $25.4M | Reduce -38.6% |
| NMZ Nuveen Muni Hi Inc. Opport | 0.47% | 2,336,943 | $24.7M | New |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.42% | 146,999 | $22.3M | Reduce -1.8% |
| FPF First TR Interm Dur & Inc. | 0.42% | 1,217,427 | $22.1M | Add +0.3% |
| HD Home Depot Inc. | 0.41% | 61,801 | $21.8M | Reduce -1.6% |
| FSCO FS Credit Opportunities Corp. | 0.41% | 4,309,448 | $21.5M | Add +11.0% |
| FLC Flaherty & Crumrine TTL RTRN | 0.41% | 1,270,656 | $21.5M | Add +7.8% |
| MPWR Monolithic Power Systems Inc. | 0.41% | 15,491 | $21.4M | No change |
| CIEN Ciena Corp. | 0.40% | 42,775 | $21.0M | No change |
| VBF Invesco Bond Fund | 0.39% | 1,363,869 | $20.7M | Add +27.6% |
| MYI BlackRock Muniyield QLTY III | 0.39% | 1,832,694 | $20.4M | Reduce -32.1% |
| COHR Coherent Corp. | 0.38% | 50,285 | $19.8M | No change |
| LIN Linde PLC | 0.37% | 37,412 | $19.4M | Reduce -7.4% |
| NFJ Virtus DVD Intrst & PRM STR | 0.36% | 1,243,817 | $18.9M | Add +164.3% |
| GLO Clough Global Opportunities | 0.36% | 3,080,407 | $18.9M | Reduce -1.0% |
| AZN Astrazeneca PLC | 0.36% | 99,154 | $18.8M | Reduce -0.7% |
| XGDVX Gabelli Dividend & Income TR | 0.36% | 638,803 | $18.8M | No change |
| MU Micron Technology Inc. | 0.35% | 16,182 | $18.7M | Reduce -25.2% |
| AVK Advent Convert & Income | 0.35% | 1,421,316 | $18.6M | Reduce -33.4% |
| XFFCX Flaherty & Crumrine Pref Inc. | 0.35% | 1,127,695 | $18.4M | Add +56.3% |
| XGLQX Clough Global Equity Fund | 0.34% | 2,100,530 | $18.1M | Reduce -0.2% |
| VRT Vertiv Holdings Co. Class A | 0.34% | 53,385 | $17.9M | No change |
| AMP Ameriprise Financial Inc. | 0.33% | 38,145 | $17.5M | Add +27.1% |
| SIEGY Siemens AG-Spons ADR | 0.33% | 107,453 | $17.3M | Reduce -4.3% |
| PFD Flaherty & Crumrin Pre&inc F | 0.32% | 1,462,183 | $17.0M | Add +10.8% |
| AGX Argan Inc. | 0.31% | 20,197 | $16.1M | Reduce -18.7% |
| PFO Flaherty & Crumrine P&I Opp | 0.30% | 1,720,165 | $15.9M | Add +13.2% |
| ACP Abrdn Income Credit Strat | 0.30% | 3,020,168 | $15.7M | Reduce -4.3% |
| GEV GE Vernova Inc. | 0.29% | 13,265 | $15.6M | Add +135.0% |
| BAC Bank of America Corp. | 0.29% | 272,748 | $15.5M | Reduce -7.8% |
| JLS Nuveen Mortgage & Income | 0.29% | 878,972 | $15.4M | Reduce -8.5% |
| GAM General American Investors | 0.29% | 239,704 | $15.3M | Reduce -3.6% |
| MCD McDonald's Corp. | 0.28% | 55,595 | $15.0M | Add +1.5% |
| LEO BNY Mellon Strategic Muni | 0.28% | 2,295,354 | $14.8M | Add +19.6% |
| EHI Western Asset Global High Inc. | 0.28% | 2,465,538 | $14.7M | Reduce -17.6% |
| IGI Western Asst Inv GR Oppor TR | 0.28% | 909,296 | $14.6M | Add +6.3% |
| ETN Eaton Corp. PLC | 0.27% | 34,082 | $14.5M | Reduce -0.2% |
| VGI Virtus Global Multi-Sector | 0.27% | 1,923,402 | $14.4M | Add +0.6% |
| SDHY Pgim SHRT Durat Hi YLD | 0.27% | 867,536 | $14.2M | Reduce -1.3% |
| ABBV Abbvie Inc. | 0.27% | 56,249 | $14.2M | Add +24.5% |
| PAI Western Asset Investment Gra | 0.27% | 1,160,755 | $14.1M | Add +0.5% |
| DDOG Datadog Inc. Class A | 0.26% | 53,425 | $13.9M | No change |
| DSM BNYM Strat Muni BND filed as BNY MELLON STRATEGIC MUN BD | 0.26% | 2,241,927 | $13.8M | Add +6.3% |
| FLS Flowserve Corp. | 0.26% | 184,920 | $13.7M | Add +0.3% |
| DFP Flaherty & Crumrine DYN Pref | 0.26% | 657,212 | $13.6M | Add +13.0% |
| CSCO Cisco Systems Inc. | 0.25% | 114,125 | $13.4M | Reduce -18.6% |
| UTF Cohen & Steers Infrastructur | 0.25% | 483,836 | $13.3M | Reduce -60.7% |
| MRK Merck & Co. Inc. | 0.25% | 103,159 | $13.3M | Add +23.8% |
Portfolio Sells Q1 2026 → Q2 2026
| XNQPX Nuveen Pa QLTY Muni Inc. | Sold out | 0.00% | −0.73 |
| XMCRX MFS Charter Income Trust | Sold out | 0.00% | −0.50 |
| EMO Clearbridge Energy Midstream | Reduce -83.7% | 0.08% | −0.49 |
| UTF Cohen & Steers Infrastructur | Reduce -60.7% | 0.25% | −0.39 |
| CRF Cornerstone Total Return | Reduce -38.6% | 0.48% | −0.33 |
| HON Honeywell International Inc. | Reduce -1.2% | 0.17% | −0.20 |
| INTU Intuit Inc. | Reduce -18.8% | 0.16% | −0.19 |
| HYT BlackRock Corp. Hi YLD | Reduce -16.1% | 0.71% | −0.19 |
| MYI BlackRock Muniyield QLTY III | Reduce -32.1% | 0.39% | −0.19 |
| BIT BlackRock Multi-Sector Inc. | Reduce -7.4% | 1.03% | −0.16 |
| AJG Arthur J Gallagher & Co. | Reduce -62.7% | 0.09% | −0.16 |
| MSFT Microsoft Corp. | Reduce -1.1% | 1.95% | −0.15 |
| ABT Abbott Laboratories | Reduce -28.4% | 0.21% | −0.15 |
| ACN Accenture PLC Class A | Reduce -26.7% | 0.11% | −0.14 |
| NOC Northrop Grumman Corp. | Reduce -56.3% | 0.06% | −0.13 |
| CRM Salesforce Inc. | Reduce -51.3% | 0.08% | −0.13 |
| AVK Advent Convert & Income | Reduce -33.4% | 0.35% | −0.13 |
| NKE Nike Inc. Class B | Reduce -88.3% | 0.01% | −0.13 |
| KTF DWS Municipal Income Trust | Reduce -1.1% | 1.70% | −0.12 |
| PIM Franklin Master Interm IT-Ui | Reduce -0.1% | 1.39% | −0.12 |
| JFR Nuveen Floating Rate Income | Reduce -12.0% | 0.59% | −0.12 |
| XOM Exxonmobil Holdings Corp. | Reduce -25.8% | 0.14% | −0.11 |
| XNROX Neu Re Est Sec Inc. FD Inc.-US | Reduce -38.5% | 0.18% | −0.11 |
| META Meta Platforms Inc. Class A | Reduce -2.9% | 0.76% | −0.09 |
| PODD Insulet Corp. | Sold out | 0.00% | −0.08 |
| EHI Western Asset Global High Inc. | Reduce -17.6% | 0.28% | −0.08 |
| CG The Carlyle Group Inc. | Reduce -18.4% | 0.16% | −0.08 |
| AL Sumisho Air Lease Corp. | Sold out | 0.00% | −0.08 |
| WMB Williams Cos Inc. | Reduce -8.2% | 0.50% | −0.07 |
| EMR Emerson Electric Co. | Reduce -33.5% | 0.15% | −0.07 |
| BPRE Bluerock Private Real Estate | Reduce -62.6% | 0.03% | −0.07 |
| MQY BlackRock Muniyield Quality | Reduce -26.5% | 0.18% | −0.07 |
| MUA BlackRock Muniassets Fund | Reduce -79.4% | 0.02% | −0.07 |
| LHX L3HARRIS Technologies Inc. | Reduce -95.0% | 0.00% | −0.07 |
| XNXJX Nuveen NJ QLTY Muni Inc. | Sold out | 0.00% | −0.07 |
| DLY Doubleline Yield Opport | Reduce -17.8% | 0.22% | −0.07 |
| XJQCX Nuveen Credit Strategies Inc. | Reduce -46.9% | 0.06% | −0.07 |
| CPZ Calamos LNG/SHRT Eqty & DYN | Reduce -15.5% | 0.20% | −0.06 |
| JGH Nuveen Global High Income | Reduce -6.2% | 0.66% | −0.06 |
| TJX TJX Companies Inc. | Reduce -1.8% | 0.42% | −0.06 |
| JNJ Johnson & Johnson | Reduce -23.6% | 0.18% | −0.06 |
| JLS Nuveen Mortgage & Income | Reduce -8.5% | 0.29% | −0.06 |
| XSCDX LMP Capital and Income Fund | Reduce -5.2% | 0.78% | −0.06 |
| NBXG Neuberger Next Generation Co. | Sold out | 0.00% | −0.06 |
| WDI Western Asset Divers Inc. | Sold out | 0.00% | −0.06 |
| PH Parker Hannifin Corp. | Reduce -32.9% | 0.12% | −0.06 |
| CIF MFS Intermediate High Income | Sold out | 0.00% | −0.05 |
| ARDC Ares Dynamic Credit All | Reduce -69.1% | 0.02% | −0.05 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -43.9% | 0.07% | −0.05 |
| CXE MFS High Income Municipal TR | Sold out | 0.00% | −0.05 |
Portfolio Buys Q1 2026 → Q2 2026
| DHY UBS Asset Management High Yi | Add +12474.7% | 0.64% | +0.64 |
| NHS Neuberger High Yield Strateg | Add +1736.2% | 0.66% | +0.62 |
| MMT Aberdeen Multimarket Income | Add +780.1% | 0.60% | +0.52 |
| NMZ Nuveen Muni Hi Inc. Opport | New | 0.47% | +0.47 |
| GOOGL Alphabet Inc. Class A | Add +0.8% | 1.94% | +0.28 |
| NFJ Virtus DVD Intrst & PRM STR | Add +164.3% | 0.36% | +0.24 |
| GEV GE Vernova Inc. | Add +135.0% | 0.29% | +0.20 |
| BGB Blackstone Strategic Credit | Add +32.0% | 0.78% | +0.15 |
| DOV Dover Corp. | Add +145.7% | 0.23% | +0.14 |
| GD General Dynamics Corp. | Add +202.7% | 0.20% | +0.13 |
| XFFCX Flaherty & Crumrine Pref Inc. | Add +56.3% | 0.35% | +0.12 |
| TYG Tortoise Energy Infrastruct | New | 0.11% | +0.11 |
| BUI Blckrck Util Infra & PWR Opp | Add +190.8% | 0.17% | +0.11 |
| TSEM Tower Semiconductor Ltd. | Add +603.1% | 0.11% | +0.10 |
| MKSI MKS Inc. | Add +0.5% | 0.20% | +0.09 |
| MDLZ Mondelez International Inc. Class A | Add +220.8% | 0.13% | +0.09 |
| FTHY First Trust Hi YLD Opp 2027 | Add +16.9% | 0.84% | +0.08 |
| BMEZ BlackRock HLTH Sci TRM TR II | New | 0.08% | +0.08 |
| GAB Gabelli Equity Trust | New | 0.07% | +0.07 |
| ABBV Abbvie Inc. | Add +24.5% | 0.27% | +0.07 |
| VBF Invesco Bond Fund | Add +27.6% | 0.39% | +0.07 |
| GF The New Germany Fund Inc. | Add +168.9% | 0.10% | +0.06 |
| BLW BlackRock Ltd. Durat Inc. TR | Add +1058.0% | 0.07% | +0.06 |
| AMP Ameriprise Financial Inc. | Add +27.1% | 0.33% | +0.06 |
| ADI Analog Devices Inc. | Add +33.7% | 0.17% | +0.06 |
| BSL Blackstone SNR Fltng RT | Add +47.4% | 0.20% | +0.05 |
| BHK BlackRock Core Bond Trust | Add +10.0% | 2.07% | +0.05 |
| COP Conocophillips | Add +72.5% | 0.24% | +0.05 |
| AXON Axon Enterprise Inc. | Add +6.2% | 0.21% | +0.05 |
| MRK Merck & Co. Inc. | Add +23.8% | 0.25% | +0.05 |
| DMB BNY Mellon Muni BND Infra | Add +35.5% | 0.18% | +0.04 |
| BKT BlackRock Income Trust | Add +10.2% | 1.10% | +0.04 |
| TSI TCW Strategic Income Fund | Add +9.5% | 1.77% | +0.04 |
| GKOS Glaukos Corp. | Add +5.5% | 0.19% | +0.04 |
| NTRA Natera Inc. | Add +29.3% | 0.10% | +0.04 |
| IBM Intl Business Machines Corp. | Add +14.7% | 0.19% | +0.04 |
| MGF Aberdeen Govrn MKTS Inc. Fund | Add +17.1% | 0.58% | +0.04 |
| LEO BNY Mellon Strategic Muni | Add +19.6% | 0.28% | +0.04 |
| HYI Western Asset High Yield Opp | New | 0.03% | +0.03 |
| FCT First Trust SNR FL RT Inc. II | Add +221.6% | 0.05% | +0.03 |
| JHI John Hancock Investors TR | Add +25.2% | 0.20% | +0.03 |
| ERC Allspring Multi-Sector Inc. | Add +11.4% | 0.56% | +0.03 |
| MFM Aberdeen Municipal Income | New | 0.03% | +0.03 |
| DTF DTF Tax-Free Income 2028 Ter | Add +20.9% | 0.24% | +0.03 |
| PML PIMCO Municipal Income FD II | Add +1906.4% | 0.03% | +0.03 |
| NBH Neuberger Municipal Fund Inc. | Add +121.3% | 0.05% | +0.03 |
| KGS Kodiak Gas Services Inc. | Add +1.3% | 0.14% | +0.02 |
| ECF Ellsworth Growth and Income | Add +0.4% | 0.23% | +0.02 |
| CR Crane Co. | Add +4.9% | 0.11% | +0.02 |
| HLNE Hamilton Lane Inc. Class A | Add +84.0% | 0.08% | +0.02 |
Notes & Other Activity Q1 2026 → Q2 2026
| GABELLI EQUITY TRUST-RT | RIGHT 04/14/2026 | Sold out | 500,462 | $4Kbefore exit |
| NEUBERGER HIGH YIELD-RT | RIGHT 04/15/2026 | Sold out | 280,274 | $2Kbefore exit |
| BLACKROCK UTILITIES INFR- RT | RIGHT 04/02/2026 | Sold out | 800 | $0before exit |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 521 | $5.3B | NVDA, AVGO, FINS, AAPL, BBN |
| Q1 2026 | 498 | $4.9B | NVDA, FINS, AVGO, BBN, AAPL |
| Q4 2025Amended | 512 | $5.1B | NVDA, AVGO, FINS, MSFT, AAPL |
| Q3 2025 | 512 | $4.9B | NVDA, AVGO, MSFT, FINS, AAPL |
| Q2 2025 | 520 | $4.7B | MSFT, NVDA, AVGO, FINS, AAPL |
| Q1 2025 | 521 | $4.3B | MSFT, AAPL, NVDA, AVGO, KTF |
| Q4 2024 | 529 | $4.4B | MSFT, AAPL, NVDA, AVGO, KTF |
| Q3 2024 | 536 | $4.5B | MSFT, AAPL, NVDA, AVGO, KTF |
| Q2 2024 | 529 | $4.3B | MSFT, AAPL, NVDA, AVGO, PIM |
| Q1 2024 | 520 | $4.3B | MSFT, AAPL, AVGO, NVDA, PPT |