13F HOLDINGS REPORT
Saratoga Research & Investment Management
Quarter ended Q2 2025 · Filed August 20, 2025 · Accession 0001477872-25-000005
Total Value
$1.87B
Positions
44
Other Managers
0
Confidential Omitted
No
Holdings (44)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Microsoft Corp. | MSFT | 318,079 | $158.2M | 8.47% |
| 2 | Walt Disney Company | 254687106 | 1,253,656 | $155.5M | 8.32% |
| 3 | Alphabet Inc. | GOOG | 831,445 | $146.5M | 7.84% |
| 4 | Unilever PLC | UNLYF | 2,157,095 | $131.9M | 7.06% |
| 5 | Berkshire Hathaway Inc. | BRK-A | 258,265 | $125.5M | 6.72% |
| 6 | Novo Nordisk A/S | NONOF | 1,512,677 | $104.4M | 5.59% |
| 7 | Medtronic PLC | MDT | 1,181,002 | $102.9M | 5.51% |
| 8 | Oracle Corp. | ORCL-PD | 450,920 | $98.6M | 5.28% |
| 9 | Roche Holding AG | 771195104 | 1,978,134 | $80.6M | 4.32% |
| 10 | Johnson & Johnson | JNJ | 501,415 | $76.6M | 4.10% |
| 11 | RTX Corp. | RTX | 418,167 | $61.1M | 3.27% |
| 12 | ASML Holding N.V. | ASMLF | 75,008 | $60.1M | 3.22% |
| 13 | General Dynamics Corporation | GD | 206,088 | $60.1M | 3.22% |
| 14 | Starbucks Corp. | SBUX | 510,482 | $46.8M | 2.50% |
| 15 | Accenture PLC | ACN | 149,552 | $44.7M | 2.39% |
| 16 | Visa Inc | V | 121,642 | $43.2M | 2.31% |
| 17 | C.H. Robinson Worldwide Inc | CHRW | 443,311 | $42.5M | 2.28% |
| 18 | Home Depot Inc. | HD | 99,605 | $36.5M | 1.96% |
| 19 | Diageo PLC | DGEAF | 341,086 | $34.4M | 1.84% |
| 20 | The Procter & Gamble Co. | 742718109 | 208,643 | $33.2M | 1.78% |
| 21 | Eli Lilly & Co. | LLY | 37,233 | $29.0M | 1.55% |
| 22 | Apple Inc. | AAPL | 133,633 | $27.4M | 1.47% |
| 23 | SPDR Bloomberg 1-3 Month T-Bill ETF | 78468R663 | 249,882 | $22.9M | 1.23% |
| 24 | Pepsico Inc | PEP | 167,435 | $22.1M | 1.18% |
| 25 | Nike, Inc. | NKE | 255,501 | $18.2M | 0.97% |
| 26 | Colgate-Palmolive Co. | CL | 195,696 | $17.8M | 0.95% |
| 27 | Walmart Inc | WMT | 174,900 | $17.1M | 0.92% |
| 28 | Adobe Inc | ADBE | 43,634 | $16.9M | 0.90% |
| 29 | NVIDIA Corp. | NVDA | 102,161 | $16.1M | 0.86% |
| 30 | Zoetis Inc. | ZTS | 98,597 | $15.4M | 0.82% |
| 31 | Honeywell International Inc. | 438516106 | 57,925 | $13.5M | 0.72% |
| 32 | Cisco Systems, Inc. | CSCO | 16,723 | $1.2M | 0.06% |
| 33 | JPMorgan US Quality Factor ETF | 46641Q761 | 18,382 | $1.1M | 0.06% |
| 34 | Alphabet Inc. | GOOG | 4,934 | $875,242 | 0.05% |
| 35 | International Business Machines Corp. | INTR | 2,738 | $807,108 | 0.04% |
| 36 | Coca-Cola Co (The) | KO | 9,895 | $700,071 | 0.04% |
| 37 | Amgen Inc. | AMGN | 2,358 | $658,377 | 0.04% |
| 38 | Cognizant Technology Solutions Corp. | CTSH | 7,428 | $579,607 | 0.03% |
| 39 | Paychex Inc | PAYX | 3,882 | $564,676 | 0.03% |
| 40 | Sysco Corporation | SYY | 7,372 | $558,355 | 0.03% |
| 41 | Amazon.com, Inc. | AMZN | 2,000 | $438,780 | 0.02% |
| 42 | Lockheed Martin Corporation | LMT | 695 | $321,882 | 0.02% |
| 43 | Price T Rowe Group Inc. | TROW | 2,986 | $288,149 | 0.02% |
| 44 | United Security Bs | UNTCW | 11,000 | $95,150 | 0.01% |