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Sit Investment Associates Inc.

CIK:0000769317
Asset Manager
$16B AUM
522 holdings
Minneapolis, MN, US
Founded:1981
100 employees
sitinvest.com
Latest filing:Jun 30, 2025

Sit Investment Associates, Inc. is an independent asset management firm headquartered in Minneapolis, Minnesota. Founded in 1981, it serves institutional investors, high net worth individuals, and retail investors through a variety of investment strategies. The firm is SEC-registered and employs approximately 100 people. Sit Investment Associates offers equity and fixed income management, as well as mutual funds, serving clients nationally and internationally.

Investment Strategy

Sit Investment Associates employs a fundamentally driven approach focused on both equity and fixed income investments. Equity management utilizes research-intensive strategies targeting growth and value across US and international markets, emphasizing long-term capital appreciation and risk management. Fixed income strategies prioritize credit quality, liquidity, and tax efficiency, tailoring portfolios to meet clients’ total return and income objectives. The firm blends quantitative tools with bottom-up security selection and actively manages risk across all mandates.

Latest 13F Filing Activity

Sit Investment Associates Inc. filed their most recent 13F report on Jun 30, 2025 disclosing 509 equity positions with a total 13F market value of $5B. The fund increased holdings in Blackrock Core Bond Trust BHK, Cornerstone Total Return FD CR, Angel Oak Financial Strat Inc. among other positions. Sit Investment Associates Inc. reduced exposure to Nuveen Preferred Income Opport, BNYM Muni Income Inc. DMF, Invesco Trust for Inv Grade Mu among others.

Top Buys
B
BHKBLACKROCK CORE BOND TRUST BHK
+$97.7M
C
CRFCORNERSTONE TOTAL RETURN FD CR
+$85.6M
F
FINSANGEL OAK FINANCIAL STRAT INC
+$53.5M
C
CLMCORNERSTONE STRATEGIC VALUE FD
+$46.3M
A
AVGOBROADCOM INC
+$45.8M
Top Sells
J
JPCNUVEEN PREFERRED INCOME OPPORT
-$23.1M
D
DMFBNYM MUNI INCOME INC DMF
-$22.0M
V
VGMINVESCO TRUST FOR INV GRADE MU
-$13.0M
N
NEANUVEEN AMT-FREE QUALITY MUNI I
-$10.5M
N
NADNUVEEN QUALITY MUNICIPAL INC F
-$10.4M

Top Holdings

M
MSFTMICROSOFT CORP
+3.1%$143.9M
N
NVDANVIDIA CORP
+2.9%$136.2M
A
AVGOBROADCOM INC
+2.9%$134.9M
F
FINSANGEL OAK FINANCIAL STRAT INC
+2.7%$125.0M
A
AAPLAPPLE INC
+2.1%$100.2M

Equity Positions (509)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
M
MSFT
MICROSOFT CORP3.07%$143.9M289,342$48.72$497.41+$32.5M
N
NVDA
NVIDIA CORP2.91%$136.2M862,208$25.93$157.99+$40.9M
A
AVGO
BROADCOM INC2.88%$134.9M489,333$31.61$275.65+$45.8M
F
FINS
ANGEL OAK FINANCIAL STRAT INC2.67%$125.0M9,628,897$12.95$12.98+$53.5M
A
AAPL
APPLE INC2.14%$100.2M488,540$22.84$205.17-$9.3M

Industry Allocation

SERVICES-PREPACKAGED SOFTWARE
+6.8%
SEMICONDUCTORS & RELATED DEVICES
+6.8%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+2.9%
PHARMACEUTICAL PREPARATIONS
+2.2%
ELECTRONIC COMPUTERS
+2.1%

Investment Team (16)

NameRoleLocationLinkedIn
B
Bryce Doty		Sr. Portfolio Manager and Sr. VPInver Grove Heights, MN , United States
D
Deepak Chaulagai		Senior Equity AnalystLakeville, MN , United States
Eric Manthe
Eric Manthe		Equity Research AnalystMinneapolis, MN , United States
Jessica Ersfeld
Jessica Ersfeld		Research AnalystMinneapolis, MN , United States
J
Joe Lepinski		Municipal Bond Trader and AnalystSaint Paul, MN , United States
Joseph Eshoo
Joseph Eshoo		VP - Senior Equity Analyst and Portfolio ManagerMinneapolis, MN , United States
L
Lee Feltman		Vice President, Research and Investment ManagementMinneapolis, MN , United States
M
Mark Book		Portfolio ManagerMinneapolis, MN , United States
Michael Sit
Michael Sit		Equity Research AnalystMinneapolis, MN , United States
M
Mike Hubbard		VP - Portfolio ManagerMinneapolis, MN , United States
Showing 1-10 of 16 team members