13F HOLDINGS REPORT
Saratoga Research & Investment Management
Quarter ended Q4 2025 · Filed February 5, 2026 · Accession 0001477872-26-000001
Total Value
$1.91B
Positions
47
Other Managers
0
Confidential Omitted
No
Holdings (47)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Alphabet Inc. CAP STK CL A | GOOG | 719,847 | $225.3M | 11.81% |
| 2 | Microsoft Corp. | MSFT | 298,708 | $144.5M | 7.57% |
| 3 | Berkshire Hathaway Inc. CL B NEW | BRK-A | 263,262 | $132.3M | 6.94% |
| 4 | Unilever PLC SPON ADR NEW | UNLYF | 1,853,095 | $121.2M | 6.35% |
| 5 | Walt Disney Company | 254687106 | 1,023,783 | $116.5M | 6.11% |
| 6 | Medtronic PLC | MDT | 1,155,146 | $111.0M | 5.82% |
| 7 | Johnson & Johnson | JNJ | 460,223 | $95.2M | 4.99% |
| 8 | Roche Holding AG SPONSORED ADR | 771195104 | 1,832,770 | $94.5M | 4.95% |
| 9 | Novo Nordisk A/S ADR | NONOF | 1,852,566 | $94.3M | 4.94% |
| 10 | ASML Holding N.V. | ASMLF | 70,236 | $75.1M | 3.94% |
| 11 | Oracle Corp. | ORCL-PD | 345,704 | $67.4M | 3.53% |
| 12 | General Dynamics Corporation | GD | 188,679 | $63.5M | 3.33% |
| 13 | RTX Corp. | RTX | 313,003 | $57.4M | 3.01% |
| 14 | Eli Lilly & Co. | LLY | 48,155 | $51.8M | 2.71% |
| 15 | Starbucks Corp. | SBUX | 593,466 | $50.0M | 2.62% |
| 16 | C.H. Robinson Worldwide Inc COM NEW | CHRW | 307,641 | $49.5M | 2.59% |
| 17 | Visa Inc COM CL A | V | 111,697 | $39.2M | 2.05% |
| 18 | Accenture PLC | ACN | 135,584 | $36.4M | 1.91% |
| 19 | Home Depot Inc. | HD | 91,391 | $31.4M | 1.65% |
| 20 | Apple Inc. | AAPL | 115,542 | $31.4M | 1.65% |
| 21 | Procter & Gamble Co. | 742718109 | 218,125 | $31.3M | 1.64% |
| 22 | Honeywell International Inc. | 438516106 | 139,685 | $27.3M | 1.43% |
| 23 | Pepsico Inc | PEP | 172,282 | $24.7M | 1.30% |
| 24 | Diageo PLC SPON ADR NEW | DGEAF | 271,058 | $23.4M | 1.23% |
| 25 | NVIDIA Corp. | NVDA | 112,283 | $20.9M | 1.10% |
| 26 | SPDR Bloomberg 1-3 Month T-Bill ETF | 78468R663 | 225,181 | $20.6M | 1.08% |
| 27 | Walmart Inc | WMT | 153,526 | $17.1M | 0.90% |
| 28 | Colgate-Palmolive Co. | CL | 186,563 | $14.7M | 0.77% |
| 29 | Adobe Inc | ADBE | 36,153 | $12.7M | 0.66% |
| 30 | JPMorgan US Quality Factor ETF | 46641Q761 | 162,442 | $10.3M | 0.54% |
| 31 | Nike, Inc. CL B | NKE | 111,781 | $7.1M | 0.37% |
| 32 | Alphabet Inc. CAP STK CL C | GOOG | 4,239 | $1.3M | 0.07% |
| 33 | iShares Core S&P 500 ETF | 464287200 | 1,688 | $1.2M | 0.06% |
| 34 | Zoetis Inc. CL A | ZTS | 7,400 | $931,068 | 0.05% |
| 35 | Cisco Systems, Inc. | CSCO | 10,737 | $827,071 | 0.04% |
| 36 | International Business Machines Corp. | INTR | 2,733 | $809,542 | 0.04% |
| 37 | Amgen Inc. | AMGN | 2,358 | $771,797 | 0.04% |
| 38 | Coca-Cola Co (The) | KO | 9,849 | $688,544 | 0.04% |
| 39 | Amphenol Corporation CL A | 032095101 | 4,005 | $541,236 | 0.03% |
| 40 | Sysco Corporation | SYY | 7,295 | $537,569 | 0.03% |
| 41 | Lowes Companies, Inc. | 548661107 | 1,992 | $480,391 | 0.03% |
| 42 | Amazon.com, Inc. | AMZN | 2,000 | $461,640 | 0.02% |
| 43 | Paychex Inc | PAYX | 3,882 | $435,483 | 0.02% |
| 44 | Lockheed Martin Corporation | LMT | 695 | $336,151 | 0.02% |
| 45 | Price T Rowe Group Inc. | TROW | 2,977 | $304,785 | 0.02% |
| 46 | Novartis AG SPONSORED ADR | NVSEF | 1,490 | $205,426 | 0.01% |
| 47 | United Security Bs | UNTCW | 11,000 | $110,770 | 0.01% |