Sit Large Cap Growth Fund (SNIGX) NPORT-P Sit Large Cap Growth Fund (Sep 2024 report)

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Sit Large Cap Growth Fund

Investments are grouped by economic sectors.

Name of Issuer	Quantity		Fair Value ($)
Common Stocks - 97.2%
Consumer Durables - 0.6%
Sony Group Corp., ADR		13,200		1,274,724
Consumer Non-Durables - 2.4%
Constellation Brands, Inc.		7,425		1,913,348
Mondelez International, Inc.		12,850		946,660
NIKE, Inc.		9,050		800,020
PepsiCo, Inc.		10,000		1,700,500
				5,360,528
Consumer Services - 2.6%
McDonald’s Corp.		6,650		2,024,991
Visa, Inc.		13,650		3,753,068
				5,778,059
Electronic Technology - 29.3%
Apple, Inc.		107,900		25,140,700
Applied Materials, Inc.		22,175		4,480,458
Arista Networks, Inc. *		3,750		1,439,325
Broadcom, Inc.		52,500		9,056,250
NVIDIA Corp.		173,100		21,021,264
Palo Alto Networks, Inc. *		9,225		3,153,105
Vertiv Holdings Co.		6,175		614,351
				64,905,453
Energy Minerals - 1.3%
Chevron Corp.		2,100		309,267
ConocoPhillips		24,600		2,589,888
				2,899,155
Finance - 2.3%
Chubb, Ltd.		5,050		1,456,369
Goldman Sachs Group, Inc.		5,150		2,549,817
JPMorgan Chase & Co.		4,900		1,033,214
				5,039,400
Health Services - 3.2%
Centene Corp. *		16,425		1,236,474
UnitedHealth Group, Inc.		10,125		5,919,885
				7,156,359
Health Technology - 6.6%
Abbott Laboratories		15,500		1,767,155
AbbVie, Inc.		2,975		587,503
Dexcom, Inc. *		22,000		1,474,880
Eli Lilly & Co.		5,160		4,571,450
Intuitive Surgical, Inc. *		3,800		1,866,826
Novo Nordisk A/S, ADR		7,600		904,932
Thermo Fisher Scientific, Inc.		5,250		3,247,493
Zimmer Biomet Holdings, Inc.		3,075		331,946
				14,752,185
Industrial Services - 1.1%
Cheniere Energy, Inc.		13,675		2,459,312
Non-Energy Minerals - 0.4%
Trex Co., Inc. *		13,800		918,804
Process Industries - 1.5%
Linde, PLC		2,650		1,263,679

Name of Issuer	Quantity		Fair Value ($)
Sherwin-Williams Co.		5,225		1,994,226
				3,257,905
Producer Manufacturing - 5.3%
BAE Systems, PLC, ADR		15,500		1,028,425
Eaton Corp., PLC		3,300		1,093,752
Emerson Electric Co.		9,800		1,071,826
General Dynamics Corp.		3,550		1,072,810
Honeywell International, Inc.		8,425		1,741,532
Northrop Grumman Corp.		1,875		990,131
Parker-Hannifin Corp.		3,950		2,495,689
Siemens AG, ADR		21,675		2,190,259
				11,684,424
Retail Trade - 9.6%
Amazon.com, Inc. *		63,000		11,738,790
Home Depot, Inc.		8,425		3,413,810
Lululemon Athletica, Inc. *		4,425		1,200,724
Netflix, Inc. *		2,300		1,631,321
TJX Cos., Inc.		18,075		2,124,535
Ulta Beauty, Inc. *		2,800		1,089,536
				21,198,716
Technology Services - 28.5%
Accenture, PLC		10,200		3,605,496
Adobe, Inc. *		6,250		3,236,125
Alphabet, Inc. - Class A		12,500		2,073,125
Alphabet, Inc. - Class C		73,500		12,288,465
Atlassian Corp. *		7,675		1,218,867
Autodesk, Inc. *		6,300		1,735,524
Intuit, Inc.		5,200		3,229,200
Meta Platforms, Inc.		9,725		5,566,979
Microsoft Corp.		55,000		23,666,500
Paycom Software, Inc.		2,500		416,425
salesforce.com, Inc.		15,225		4,167,235
ServiceNow, Inc. *		2,275		2,034,737
				63,238,678
Transportation - 2.0%
FedEx Corp.		7,575		2,073,126
Union Pacific Corp.		9,200		2,267,616
				4,340,742
Utilities - 0.5%
NextEra Energy, Inc.		13,100		1,107,343
Total Common Stocks (cost: $68,046,640)				215,371,787
Short-Term Securities - 3.1%
Fidelity Inst. Money Mkt. Gvt. Fund, 4.87% (cost $6,940,280)		6,940,280		6,940,280
Total Investments in Securities - 100.3% (cost $74,986,920)				222,312,067
Other Assets and Liabilities, net - (0.3)%				(634,539)
Net Assets - 100.0%				$221,677,528

* Non-income producing security.

SEPTEMBER 30, 2024 1

SCHEDULE OF INVESTMENTS (Unaudited)

September 30, 2024

Sit Large Cap Growth Fund (Continued)

  ADR — American Depositary Receipt

  PLC — Public Limited Company

Numeric footnotes not disclosed are not applicable to this Schedule of Investments.

A summary of the levels for the Fund’s investments as of September 30, 2024 is as follows:

	Investment in Securities
	Level 1		Level 2		Level 3
	Quoted Prices ($)		Other significant observable inputs ($)		Significant unobservable inputs ($)		Total ($)
Common Stocks**		215,371,787		—		—		215,371,787
Short-Term Securities		6,940,280		—		—		6,940,280
Total:		222,312,067		—		—		222,312,067

** For equity securities categorized in a single level, refer to the detail above for further breakdown.

There were no transfers into or out of level 3 during the reporting period.

For additional information about significant accounting policies, including valuation of investments, refer to the Fund’s most recent annual report.

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