Q3 2026 13F · SEC CIK 1477872

Saratoga Research & Investment Management

Wealth managerFiled 2026-10-16 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $1.8B
Reported positions: 44
Top holdings a year, 3 yrs: +13.7%
Assets under management: $2.5B

Saratoga Research & Investment Management is a wealth manager that reported 44 positions worth $1.8B in its Q3 2026 13F, filed 2026-10-16. Its largest holdings were Microsoft Corp (MSFT, 9.4%), Alphabet Inc (GOOGL, 9.4%), Berkshire Hathaway Inc Del (BRK-B, 7.1%). A portfolio copying its top holdings returned 13.7% a year over the last 3 years, against 20.4% for the S&P 500.

Saratoga Research & Investment Management holdings all 44 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Saratoga Research & Investment Management 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
MSFTMicrosoft Corp	9.4%	6.8%	334,099	-0.0%	$171.4M
GOOGLAlphabet Inc	9.4%	9.7%	495,297	-0.6%	$170.4M
BRK-BBerkshire Hathaway Inc Del	7.1%	7.1%	260,270	+0.9%	$129.6M
ULUnilever PLC	6.8%	6.5%	2,018,122	+1.6%	$122.6M
NVONovo-Nordisk A S	6.6%	8.5%	3,181,453	-1.7%	$120.6M
DISDisney Walt Co	6.5%	5.7%	1,117,460	+3.1%	$117.2M
MDTMedtronic PLC	5.8%	5.2%	1,211,146	+0.7%	$104.5M
ASMLAsml Hldg NV	5.7%	6.5%	57,426	-3.5%	$104.0M
NVDANvidia Corporation	4.8%	4.2%	378,238	-1.7%	$86.4M
JNJJohnson & Johnson	3.9%	3.9%	265,132	-4.8%	$70.2M
LLYEli Lilly & Co	3.3%	3.5%	51,789	-3.8%	$59.9M
RHHBYRoche Holding AG	3.3%	3.3%	1,152,582	-3.0%	$59.8M
GDGeneral Dynamics Corp	3.2%	3.5%	174,725	-3.1%	$58.0M
SBUXStarbucks Corp	2.9%	3.3%	568,490	-3.3%	$53.4M
VVisa Inc	2.8%	2.8%	142,986	-3.2%	$51.4M
PGProcter & Gamble Co	2.6%	2.7%	326,836	-3.5%	$47.5M
RTXRtx Corporation	2.3%	2.5%	223,151	-8.3%	$41.4M
CHRWC H Robinson Worldwide in	1.9%	2.4%	227,365	-3.3%	$33.6M
AAPLApple Inc	1.7%	1.6%	92,190	-8.2%	$30.7M
DEODiageo PLC	1.6%	1.6%	340,544	-5.7%	$29.2M
HDHome Depot Inc	1.3%	1.6%	83,110	-2.1%	$23.6M
HONAHoneywell Aerospace Inc	1.2%	0.9%	137,745	+82.1%	$21.3M
PEPPepsico Inc	1.1%	1.2%	163,570	-0.7%	$20.7M
BILSpdr Series Trust	1.0%	1.1%	202,746	-5.7%	$18.6M
ISRGIntuitive Surgical Inc	1.0%	0.8%	43,884	+15.4%	$17.8M
HONHoneywell Intl Inc	0.9%	0.9%	73,821	-2.6%	$15.6M
CLColgate Palmolive Co	0.8%	0.9%	170,145	-3.1%	$14.5M
EMREmerson Elec Co	0.6%	0.6%	69,317	-3.6%	$10.8M
JQUAJpmorgan U.s. Quality Factor ETF	0.1%	0.1%	27,199	+41.0%	$2.0M
AMZNAmazon Com Inc	0.1%	0.0%	4,060	+103.0%	$1.0M
BCMLBaycom Corp	0.1%	0.1%	32,035	+0.0%	$972K
GOOGAlphabet Inc	0.1%	0.1%	2,846	+0.6%	$970K
AMGNAmgen Inc	0.1%	0.0%	2,181	+0.0%	$919K
KOCoca Cola Co	0.0%	0.0%	9,849	+0.0%	$848K
APHAmphenol Corp	0.0%	0.0%	7,916	+100.0%	$667K
IBMInternational Business Machs	0.0%	0.0%	2,624	+0.0%	$577K
LOWLowes Cos Inc	0.0%	0.0%	3,112	+55.0%	$574K
VNQVanguard Index Fds	0.0%	0.0%	5,414	+0.0%	$485K
CSCOCisco Sys Inc	0.0%	0.0%	4,493	+0.0%	$484K
LMTLockheed Martin Corp	0.0%	0.0%	695	+0.0%	$354K
PAYXPaychex Inc	0.0%	0.0%	3,349	+0.0%	$330K
TROWPrice T Rowe Group Inc	0.0%	0.0%	2,977	+0.0%	$310K
ZTSZoetis Inc	0.0%	0.0%	4,364	-47.1%	$305K
NVSNovartis AG	0.0%	0.0%	1,490	+0.0%	$212K

What Saratoga Research & Investment Management bought and sold in Q3 2026, against Q2 2026.

New positions

No new positions among the largest holdings.

Share counts compared with the Q2 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +15.2% /yr; S&P 500 +20.1%
3 years: +13.7% /yr; S&P 500 +20.4%
5 years: +7.4% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$1.8B	44
Q2 2026	$1.8B	46
Q1 2026	$1.8B	46
Q4 2025	$1.9B	47
Q3 2025	$1.9B	43
Q2 2025	$1.9B	44
Q1 2025	$1.9B	44
Q4 2024	$2.0B	44
Q3 2024	$2.3B	41
Q2 2024	$2.2B	42
Q1 2024	$2.2B	45
Q4 2023	$2.2B	47

Questions about Saratoga Research & Investment Management's portfolio

What stocks does Saratoga Research & Investment Management own?

Saratoga Research & Investment Management's latest 13F, for Q3 2026 and filed Oct 16, 2026, lists 44 positions worth $1.8B. The largest are Microsoft Corp (MSFT) at 9.4%, Alphabet Inc (GOOGL) at 9.4%, Berkshire Hathaway Inc Del (BRK-B) at 7.1%, Unilever PLC (UL) at 6.8% and Novo-Nordisk A S (NVO) at 6.6%.

What did Saratoga Research & Investment Management buy last quarter?

In Q3 2026, Saratoga Research & Investment Management added Amazon Com Inc (AMZN) (+103.0% shares), Amphenol Corp (APH) (+100.0% shares) and Honeywell Aerospace Inc (HONA) (+82.1% shares), compared with its Q2 2026 filing.

What did Saratoga Research & Investment Management sell last quarter?

In Q3 2026, Saratoga Research & Investment Management sold all of Accenture PLC Ireland (ACN), sold all of Altria Group Inc (MO), Zoetis Inc (ZTS) (-47.1% shares), Rtx Corporation (RTX) (-8.3% shares) and Apple Inc (AAPL) (-8.2% shares), compared with its Q2 2026 filing.

How has Saratoga Research & Investment Management's portfolio performed?

A portfolio copying Saratoga Research & Investment Management's 20 largest 13F holdings each quarter, from the day each filing was public, returned +13.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +15.2% against +20.1%. Over 5 years: +7.4% a year against +11.6%.

When is Saratoga Research & Investment Management's next 13F filing due?

13F filings are due 45 days after each quarter ends. Saratoga Research & Investment Management's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.

How much money does Saratoga Research & Investment Management manage?

Saratoga Research & Investment Management reported $2.5B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $1.8B.