13F HOLDINGS REPORT
Saratoga Research & Investment Management
Quarter ended Q3 2025 · Filed November 17, 2025 · Accession 0001477872-25-000007
Total Value
$1.92B
Positions
43
Other Managers
0
Confidential Omitted
No
Holdings (43)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Alphabet Inc. | GOOG | 789,168 | $191.8M | 9.98% |
| 2 | Microsoft Corp. | MSFT | 303,466 | $157.2M | 8.18% |
| 3 | Berkshire Hathaway Inc. | BRK-A | 268,008 | $134.7M | 7.01% |
| 4 | Unilever PLC | UNLYF | 2,108,717 | $125.0M | 6.50% |
| 5 | Walt Disney Company | 254687106 | 1,021,831 | $117.0M | 6.09% |
| 6 | Medtronic PLC | MDT | 1,170,942 | $111.5M | 5.80% |
| 7 | Novo Nordisk A/S | NONOF | 1,853,707 | $102.9M | 5.35% |
| 8 | Oracle Corp. | ORCL-PD | 355,900 | $100.1M | 5.21% |
| 9 | Johnson & Johnson | JNJ | 485,620 | $90.0M | 4.68% |
| 10 | Roche Holding AG | 771195104 | 1,920,085 | $80.3M | 4.18% |
| 11 | ASML Holding N.V. | ASMLF | 73,830 | $71.5M | 3.72% |
| 12 | General Dynamics Corporation | GD | 197,443 | $67.3M | 3.50% |
| 13 | RTX Corp. | RTX | 329,256 | $55.1M | 2.87% |
| 14 | Starbucks Corp. | SBUX | 621,908 | $52.6M | 2.74% |
| 15 | Eli Lilly & Co. | LLY | 61,459 | $46.9M | 2.44% |
| 16 | C.H. Robinson Worldwide Inc | CHRW | 327,131 | $43.3M | 2.25% |
| 17 | Visa Inc | V | 116,596 | $39.8M | 2.07% |
| 18 | Home Depot Inc. | HD | 95,674 | $38.8M | 2.02% |
| 19 | Accenture PLC | ACN | 146,168 | $36.0M | 1.87% |
| 20 | The Procter & Gamble Co. | 742718109 | 223,896 | $34.4M | 1.79% |
| 21 | Diageo PLC | DGEAF | 336,548 | $32.1M | 1.67% |
| 22 | Apple Inc. | AAPL | 124,335 | $31.7M | 1.65% |
| 23 | Pepsico Inc | PEP | 181,505 | $25.5M | 1.33% |
| 24 | SPDR Bloomberg 1-3 Month T-Bill ETF | 78468R663 | 245,697 | $22.5M | 1.17% |
| 25 | NVIDIA Corp. | NVDA | 99,805 | $18.6M | 0.97% |
| 26 | Honeywell International Inc. | 438516106 | 84,226 | $17.7M | 0.92% |
| 27 | Walmart Inc | WMT | 162,620 | $16.8M | 0.87% |
| 28 | Zoetis Inc. | ZTS | 110,018 | $16.1M | 0.84% |
| 29 | Colgate-Palmolive Co. | CL | 194,095 | $15.5M | 0.81% |
| 30 | Adobe Inc | ADBE | 41,704 | $14.7M | 0.77% |
| 31 | Nike, Inc. | NKE | 123,790 | $8.6M | 0.45% |
| 32 | Alphabet Inc. | GOOG | 4,257 | $1.0M | 0.05% |
| 33 | International Business Machines Corp. | INTR | 2,738 | $772,554 | 0.04% |
| 34 | Cisco Systems, Inc. | CSCO | 10,761 | $736,268 | 0.04% |
| 35 | Amgen Inc. | AMGN | 2,358 | $665,428 | 0.03% |
| 36 | Coca-Cola Co (The) | KO | 9,895 | $656,236 | 0.03% |
| 37 | Sysco Corporation | SYY | 7,317 | $602,482 | 0.03% |
| 38 | Paychex Inc | PAYX | 3,882 | $492,082 | 0.03% |
| 39 | Amazon.com, Inc. | AMZN | 2,000 | $439,140 | 0.02% |
| 40 | Lockheed Martin Corporation | LMT | 695 | $346,951 | 0.02% |
| 41 | Price T Rowe Group Inc. | TROW | 2,986 | $306,483 | 0.02% |
| 42 | JPMorgan US Quality Factor ETF | 46641Q761 | 3,492 | $219,682 | 0.01% |
| 43 | United Security Bs | UNTCW | 11,000 | $102,630 | 0.01% |