Insights into Sit Investment Associates' Q3-Q4 2022 13F Filings: Holdings Changes and Trends

In the world of finance, change is constant. The holdings of investment funds are not an exception in this regard. Sit Investment Associates Inc's 13F filings for Q3 2022 and Q4 2022 offer an insight into the changes that occurred in the fund's holdings.

The 13F filings provide a comprehensive overview of institutional investment managers' holdings in the last quarter. The report shows the firms, their option types, the shares held in Q3 2022 and Q4 2022, their respective value in millions, and the change percentage.

Cornerstone Strategic Value Fund, traded as CLM on the NYSE, held the highest value at $166,871 million in Q3 2022. However, in Q4 2022, the fund's value decreased by 16.8%, falling to $138,838 million. The decline in value could be attributed to several reasons, including changes in market trends, the company's financial status, and the economy's general conditions.

The second-highest valued holding in Q3 2022 was Apple Inc, traded as AAPL on the NASDAQ. Sit Investment Associates Inc held 676,171 shares in the technology giant in Q3 2022, valued at $93,447 million. However, in Q4 2022, the shares held by the investment firm decreased to 661,852, with a reduced value of $85,994 million. This represents an 8% decline in the overall value of the holdings.

Microsoft Corp, traded as MSFT on the NASDAQ, was the third-highest valued holding in Q3 2022 with 355,231 shares. These shares were valued at $82,733 million. However, in Q4 2022, the shares held by Sit Investment Associates reduced by 1.9%, with the shares held dropping to 351,627. This represented an increase in value from $82,733 to $84,327 million, signifying a growth of 1.9%.

Putnam Premier Income Trust PP, traded as PPT on the NYSE, had the highest change percentage, increasing by 6.9%. Sit Investment Associates held 16,298,259 shares, valued at $58,348 million in Q3, but in Q4, the holdings increased to 17,175,182 shares, with a value of $62,346 million.

BlackRock Corp High Yield Fund H, traded as HYT on the NYSE, had the highest percentage increase, with holdings rising from 236,165 shares in Q3, with a value of $2019 million to 6,981,693 shares in Q4, with a value of $61,020 million. This represented a 2,922.3% increase in the holdings value.

Several holdings experienced declines over the period. Cornerstone Total Return Fund CR, traded as CRF on the NYSE, experienced the highest decline in value, decreasing by 19.9%. Sit Investment Associates held 6,676,464 shares in Q3, valued at $54,213 million. In Q4, the shares held reduced to 6,114,278, with a reduced value of $43,411 million.

Wa Inflation-Linked Opportunity and Income Fund, traded as WIW, had the second-highest decline. In Q3, Sit Investment Associates held 6,765,647 shares in the fund, valued at $61,364 million. However, in Q4, the shares held dropped to 4,345,846, with a value of $39,678 million, representing a 35.3% decline in the overall value of the holdings.

BlackRock Income Trust Fund, traded as BKT on the NYSE, had the most significant change, with its shares increasing from zero in Q3 to 2,455,173 in Q4. These holdings were valued at $30,297 million, representing a growth of 100%.

Virtus Total Return Fund Inc Z, traded as ZTR on the NYSE, experienced minimal change in its holdings, with a 2.4% increase in its value from $35,154 million in Q3 to $35,996 million in Q4.

In summary, Sit Investment Associates' Q3 2022 and Q4 2022 13F filings reveal a mixed bag of changes in holdings, with some holdings experiencing significant growth, while others declined. Overall, it offers valuable insights into the investment firm's portfolio and provides a glimpse into how they are allocating their funds.