SCHEDULE OF INVESTMENTS (Unaudited) March 31, 2021
Sit ESG Growth Fund Investments are grouped by geographic region. |
Name of Issuer |
Quantity | Fair Value ($) | ||||||
Common Stocks - 96.7% | ||||||||
Asia - 9.6% | ||||||||
Japan - 8.5% | ||||||||
Astellas Pharma, Inc. | 6,400 | 98,377 | ||||||
Keyence Corp. | 200 | 90,802 | ||||||
Recruit Holdings Co., Ltd. | 3,100 | 151,213 | ||||||
Shiseido Co., Ltd. | 1,100 | 73,734 | ||||||
Sony Group Corp., ADR | 1,925 | 204,069 | ||||||
Terumo Corp. | 2,600 | 93,903 | ||||||
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712,098 | ||||||||
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Singapore - 1.1% | ||||||||
Singapore Technologies Engineering, Ltd. | 31,200 | 90,223 | ||||||
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Europe - 31.9% | ||||||||
France - 1.1% | ||||||||
Safran SA, ADR * | 2,750 | 93,610 | ||||||
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Germany - 5.5% | ||||||||
adidas AG, ADR * | 650 | 102,057 | ||||||
Allianz SE, ADR | 8,800 | 225,104 | ||||||
Muenchener Rueckversicherungs AG | 125 | 38,494 | ||||||
Siemens AG, ADR | 1,175 | 96,698 | ||||||
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462,353 | ||||||||
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Ireland - 6.0% | ||||||||
Accenture, PLC | 575 | 158,844 | ||||||
CRH, PLC, ADR | 1,200 | 56,376 | ||||||
Medtronic, PLC | 900 | 106,317 | ||||||
Trane Technologies, PLC | 1,065 | 176,321 | ||||||
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497,858 | ||||||||
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Spain - 2.5% | ||||||||
Iberdrola SA, ADR | 4,050 | 209,417 | ||||||
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Sweden - 1.5% | ||||||||
Telefonaktiebolaget LM Ericsson, ADR | 9,475 | 124,975 | ||||||
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Switzerland - 7.2% | ||||||||
Logitech International SA | 1,550 | 161,975 | ||||||
Lonza Group AG | 235 | 131,380 | ||||||
Nestle SA, ADR | 1,425 | 158,902 | ||||||
Novartis AG, ADR | 1,800 | 153,864 | ||||||
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606,121 | ||||||||
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United Kingdom - 8.1% | ||||||||
AstraZeneca, PLC, ADR | 2,950 | 146,674 | ||||||
BAE Systems, PLC, ADR | 2,300 | 65,090 | ||||||
Coca-Cola European Partners, PLC | 2,100 | 109,536 | ||||||
Diageo, PLC, ADR | 785 | 128,905 | ||||||
HomeServe, PLC | 6,525 | 108,034 | ||||||
RELX, PLC, ADR | 4,700 | 118,252 | ||||||
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676,491 | ||||||||
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Name of Issuer |
Quantity | Fair Value ($) | ||||||
North America - 55.2% | ||||||||
United States - 55.2% | ||||||||
3M Co. | 400 | 77,072 | ||||||
AbbVie, Inc. | 750 | 81,165 | ||||||
Adobe, Inc. * | 450 | 213,916 | ||||||
Alphabet, Inc. - Class A * | 125 | 257,815 | ||||||
Apple, Inc. | 3,600 | 439,740 | ||||||
Baxter International, Inc. | 850 | 71,689 | ||||||
CVS Health Corp. | 1,725 | 129,772 | ||||||
Ecolab, Inc. | 600 | 128,442 | ||||||
Facebook, Inc. * | 700 | 206,171 | ||||||
FedEx Corp. | 375 | 106,515 | ||||||
Goldman Sachs Group, Inc. | 600 | 196,200 | ||||||
Home Depot, Inc. | 745 | 227,411 | ||||||
Johnson & Johnson | 975 | 160,241 | ||||||
JPMorgan Chase & Co. | 1,075 | 163,647 | ||||||
Lockheed Martin Corp. | 185 | 68,358 | ||||||
Microsoft Corp. | 2,000 | 471,540 | ||||||
NIKE, Inc. | 1,200 | 159,468 | ||||||
NVIDIA Corp. | 250 | 133,482 | ||||||
PepsiCo, Inc. | 875 | 123,769 | ||||||
salesforce.com, Inc. * | 850 | 180,090 | ||||||
Starbucks Corp. | 1,600 | 174,832 | ||||||
T Rowe Price Group, Inc. | 1,175 | 201,630 | ||||||
TJX Cos., Inc. | 1,380 | 91,287 | ||||||
UnitedHealth Group, Inc. | 500 | 186,035 | ||||||
Verizon Communications, Inc. | 2,600 | 151,190 | ||||||
Visa, Inc. | 875 | 185,264 | ||||||
Vital Farms, Inc.* | 1,600 | 34,944 | ||||||
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4,621,685 | ||||||||
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Total Common Stocks |
| 8,094,831 | ||||||
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Short-Term Securities - 3.5% | ||||||||
Fidelity Inst. Money Mkt. Gvt. Fund, 0.01% | 292,572 | 292,572 | ||||||
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| |||||||
(cost: $292,572) | ||||||||
Total Investments in Securities - 100.2% |
| 8,387,403 | ||||||
Other Assets and Liabilities, net - (0.2%) | (16,450 | ) | ||||||
|
| |||||||
Total Net Assets - 100.0% | $8,370,953 | |||||||
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* | Non-income producing security. |
ADR — American Depositary Receipt
PLC — Public Limited Company
Numeric footnotes not disclosed are not applicable to this Schedule of Investments
MARCH 31, 2021 | 1 |
SCHEDULE OF INVESTMENTS (Unaudited) March 31, 2021
Sit ESG Growth Fund (Continued) |
Portfolio Structure - By Sector | (% of Total Net Assets) | |||
Technology Services | 19.6 | % | ||
Health Technology | 12.5 | |||
Electronic Technology | 11.4 | |||
Consumer Non-Durables | 10.2 | |||
Finance | 9.8 | |||
Producer Manufacturing | 8.0 | |||
Consumer Services | 5.7 | |||
Retail Trade | 5.4 | |||
Utilities | 2.5 | |||
Consumer Durables | 2.4 | |||
Health Services | 2.2 | |||
Process Industries | 1.9 | |||
Communications | 1.8 | |||
Commercial Services | 1.3 | |||
Transportation | 1.3 | |||
Non-Energy Minerals | 0.7 | |||
Short-Term Securities | 3.5 | |||
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100.2 | ||||
Other Assets and Liabilities, net | (0.2 | ) | ||
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100.0 | % | |||
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A summary of the levels for the Fund’s investments as of March 31, 2021 is as follows:
Investment in Securities | ||||||||||||||
Level 1 Quoted Price ($) | Level 2 Other significant observable inputs ($) | Level 3 Significant unobservable inputs ($) | Total ($) | |||||||||||
Common Stocks | ||||||||||||||
France | 93,610 | — | — | 93,610 | ||||||||||
Germany | 462,353 | — | — | 462,353 | ||||||||||
Ireland | 497,858 | — | — | 497,858 | ||||||||||
Japan | 712,098 | — | — | 712,098 | ||||||||||
Singapore | 90,223 | — | — | 90,223 | ||||||||||
Spain | 209,417 | — | — | 209,417 | ||||||||||
Sweden | 124,975 | — | — | 124,975 | ||||||||||
Switzerland | 606,121 | — | — | 606,121 | ||||||||||
United Kingdom | 676,491 | — | — | 676,491 | ||||||||||
United States | 4,621,685 | — | — | 4,621,685 | ||||||||||
Short-Term Securities | 292,572 | — | — | 292,572 | ||||||||||
Total: | 8,387,403 | — | — | 8,387,403 |
Level 1 securities of foreign issuers are primarily American Depositary Receipts (ADRs), Public Limited Companies (PLCs) or Global Depositary Receipts (GDRs). 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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