Instuitional Investor - Saratoga Research & Investment Management

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Alphabet Inc.	GOOGL	498,420	$178,120,355	9.75%
2.	Novo Nordisk A S	NVO	3,236,009	$155,134,271	8.49%
3.	Berkshire Hathaway Inc	BRK-B	257,895	$129,048,079	7.06%
4.	Microsoft Corp	MSFT	334,179	$124,655,451	6.82%
5.	The Unilever Group	UL	1,986,430	$119,424,172	6.53%