Sit Mid Cap Growth Fund buys Darling Ingredients Inc, CommScope Holding Co Inc, Encompass …

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Investment firm Sit Mid Cap Growth Fund (current portfolio) buys Darling Ingredients Inc, CommScope Holding Co Inc, Encompass Health Corp, Zynga Inc, Globant SA, sells Service Corp International, Trane Technologies PLC, iRhythm Technologies Inc, Ecolab Inc for the 3- month ending in the third quarter of 2021, according to the latest filings from the investment company, Sit Mid Cap Growth Fund. As of Q3 2021, the Sit Mid Cap Growth Fund holds 84 stocks with a total value of $ 226 million. These are the details of buying and selling.

  • New purchases: DAR, COMM, ZNGA,

  • Added positions: EHC, GLOB, SRPT, AGCO, AL,

  • Reduced positions: HUBS, TT, TEAM, AMAT, DXCM, ECL, ALGN, DOV,

  • Solder: SCI, IRTC,

For more details on buying and selling shares of the Sit Mid Cap Growth Fund,
go to https://www.gurufocus.com/guru/sit+mid+cap+growth+fund/current-portfolio/portfolio

Here are the 5 main holdings of the Sit Mid Cap Growth Fund

  1. Atlassian Corporation PLC (TEAM) – 20,000 shares, 3.47% of total portfolio. Shares reduced by 12.66%

  2. DexCom Inc (DXCM) – 12,010 shares, 2.91% of total portfolio. Shares reduced by 7.97%

  3. HubSpot Inc (HUBS) – 8,800 stocks, 2.64% of total portfolio. Shares reduced by 18.14%

  4. Trex Co Inc (TREX) – 50,200 stocks, 2.27% of total portfolio.

  5. PTC Inc (PTC) – 39,600 shares, 2.10% of total portfolio.

New purchase: Darling Ingredients Inc (DAR)

The Sit Mid Cap Growth fund initiated a stake in Darling Ingredients Inc. Purchase prices ranged from $ 64.01 to $ 79, with an estimated average price of $ 71.52. The stock is now trading at around $ 64,500,000. The impact on a portfolio of this purchase was 0.82%. The holding was 25,850 shares as of 09/30/2021.

New purchase: CommScope Holding Co Inc (COMM)

Sit Mid Cap Growth Fund initiated a stake in CommScope Holding Co Inc. The purchase prices ranged from $ 13.51 to $ 21.9, with an estimated average price of $ 17.23. The stock is now trading at around $ 10.830000. The impact on a portfolio of this purchase was 0.63%. The holding was 105,175 shares as of 09/30/2021.

New purchase: Zynga Inc (ZNGA)

Sit Mid Cap Growth Fund initiated a stake in Zynga Inc. Purchase prices ranged from $ 7.47 to $ 11.16, with an estimated average price of $ 9.11. The stock is now trading at around $ 6,560,000. The impact on a portfolio of this purchase was 0.4%. The holding was 120,500 shares as of 09/30/2021.

Added: Encompass Health Corp (EHC)

The Sit Mid Cap Growth Fund added 39.79% to a position in Encompass Health Corp. Purchase prices ranged from $ 74.48 to $ 84.16, with an estimated average price of $ 79.14. The stock is now trading at around $ 64.110000. The impact on a portfolio of this purchase was 0.45%. The holding was 47,600 shares as of 09/30/2021.

Addition: Globant SA (GLOB)

The Sit Mid Cap Growth Fund increased its stake in Globant SA to 100.00%. Purchase prices ranged from $ 216.11 to $ 331.11, with an estimated average price of $ 274.39. The stock is now trading at around $ 297.690000. The impact on a portfolio of this purchase was 0.33%. The holding was 5,200 shares as of 09/30/2021.

Addition: Sarepta Therapeutics Inc (SRPT)

The Sit Mid Cap Growth fund increased a 60.31% stake in Sarepta Therapeutics Inc. Purchase prices ranged from $ 65.97 to $ 92.48, with an estimated average price of $ 77.05. The stock is now trading at around $ 91.560,000. The impact on a portfolio of this purchase was 0.28%. The holding was 18,275 shares as of 09/30/2021.

Addition: AGCO Corp (AGCO)

The Sit Mid Cap Growth Fund increased by 57.76% a position in AGCO Corp. Purchase prices ranged from $ 119.79 to $ 143.48, with an estimated average price of $ 130.92. The stock is now trading at around $ 115,600,000. The impact on a portfolio of this purchase was 0.25%. The holding was 12,700 shares as of 09/30/2021.

Addition: Air Lease Corp (AL)

The Sit Mid Cap Growth Fund added 62.07% to a position in Air Lease Corp. Purchase prices ranged from $ 36.74 to $ 43.51, with an estimated average price of $ 40.73. The stock is now trading at around $ 43.890000. The impact on a portfolio of this purchase was 0.22%. The holding was 32,900 shares as of 09/30/2021.

Out of stock: Service Corp International (SCI)

The Sit Mid Cap Growth Fund sold a stake in Service Corp International. Selling prices ranged from $ 54.21 to $ 65.35, with an estimated average price of $ 60.78.

Out of stock: iRhythm Technologies Inc (IRTC)

Sit Mid Cap Growth Fund sold a stake in iRhythm Technologies Inc. Selling prices ranged from $ 41.91 to $ 65.79, with an estimated average price of $ 53.06.

Reduced: Trane Technologies PLC (TT)

The Sit Mid Cap Growth fund was reduced to a 32.82% stake in Trane Technologies PLC. Selling prices ranged from $ 172.65 to $ 206.56, with an estimated average price of $ 192.37. The stock is now trading at around $ 197,300,000. The impact on a portfolio of this sale is -0.48%. The Sit Mid Cap Growth Fund still held 12,075 shares as of 09/30/2021.

Reduced: Ecolab Inc (ECL)

The Sit Mid Cap Growth Fund was reduced to a 21.38% stake in Ecolab Inc. Selling prices were between $ 208.62 and $ 229.6, with an estimated average price of $ 219.13. The stock is now trading at around $ 228.240,000. The impact on a portfolio of this sale is -0.2%. The Sit Mid Cap Growth Fund still held 8,000 shares as of 09/30/2021.

Here is the complete portfolio of the Sit Mid Cap Growth Fund. Also check out:

1. Undervalued stocks of the growth fund Sit Mid Cap

2. Sit Mid Cap Growth Fund’s Top Growth Companies, and

3. High Yield Equities of Sit Mid Cap Growth Fund

4. Stocks that Sit Mid Cap Growth Fund continues to buy This article first appeared on GuruFocus.


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