# EDGAR Filing Document

**Accession Number:** 0000924628
**File Stem:** 0000910472-25-002607
**Filing Date:** 2025-10
**Character Count:** 20340
**Document Hash:** 6a75db83743ef19c581291a2793785c1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-25-002607.hdr.sgml**: 20251029

**ACCESSION NUMBER**: 0000910472-25-002607

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251029

**DATE AS OF CHANGE**: 20251029

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SARATOGA ADVANTAGE TRUST
- **CENTRAL INDEX KEY:** 0000924628

**ORGANIZATION NAME:**
- **EIN:** 137044280
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08542
- **FILM NUMBER:** 251429432

**BUSINESS ADDRESS:**
- **STREET 1:** 1616 N LITCHFIELD RD.
- **STREET 2:** SUITE 165
- **CITY:** GOODYEAR
- **STATE:** AZ
- **ZIP:** 85395
- **BUSINESS PHONE:** 623-266-4567

**MAIL ADDRESS:**
- **STREET 1:** 1616 N LITCHFIELD RD.
- **STREET 2:** SUITE 165
- **CITY:** GOODYEAR
- **STATE:** AZ
- **ZIP:** 85395

## Series and Classes Contracts Data

### Large Capitalization Growth Portfolio (Series ID: S000010890)

| Class ID   | Class Name                                    | Ticker Symbol   |
|:---|:---|:---|
| C000030175 | Large Capitalization Growth Portfolio Class A | SLGYX           |
| C000030176 | Large Capitalization Growth Portfolio Class I | SLCGX           |
| C000030178 | Large Capitalization Growth Portfolio Class C | SLGCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** SARATOGA ADVANTAGE TRUST

- **b. Investment Company Act file number:** 811-08542

- **c. CIK number of Registrant:** 0000924628

- **d. LEI of Registrant:** 549300ELDSPPW4ZGNR88

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 12725 W. Indian School Road

  - **City:** AVONDALE

  - **State:** AZ

  - **Foreign country:** US

  - **Zip / Postal Code:** 85392

  - **Telephone number:** 623-266-4567

**Item A.2. Information about the Series.**

- **a. Name of Series:** Saratoga Large Capitalization Growth Portfolio

- **b. EDGAR series identifier (if any):** S000010890

- **c. LEI of Series:** 549300W9B217D8BFVD96

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $39656078.98

**Total Liabilities:** $152046.23

**Net Assets:** $39504032.75

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000030175 | 6.09%                | 3.72%                | 0.16%                |
| Class ID C000030178 | 6.04%                | 3.74%                | 0.17%                |
| Class ID C000030176 | 6.10%                | 3.79%                | 0.18%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $171594.98               | $2113879.63                                |
| Month 2  | $1107716.84              | $398799.64                                 |
| Month 3  | $232434.81               | $-150687.09                                |

### Schedule of Portfolio Investments

| Name                           | Title            | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Elastic NV                     | ELASTIC NV       | CUSIP: N14506104<br>LEI: 2549003I48WHHH937I59 | Long             | EC               | CORP              | NL        |      4200 | NS      | $357252.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc           | BOOKING HOLDINGS | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |       185 | NS      | $1035824.25   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegasystems Inc                | PEGASYSTEMS INC  | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |      6600 | NS      | $357786.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc.                     | APPLE INC        | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |      9497 | NS      | $2204633.58   | 5.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                       | VISA INC-CLASS A | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |       480 | NS      | $168854.40    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corporation   | COSTCO WHOLESALE | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |       700 | NS      | $660324.00    | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc              | VEEVA SYSTEMS-A  | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |       690 | NS      | $185748.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Instl Resv             | DREYFUS-INS-IS   | CUSIP: 26200X100<br>LEI: 549300FG0OZ5YKPLK622 | Long             | STIV             | RF                | US        |   1012317 | PA      | $1012316.62   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc             | META PLATFORMS-A | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |      2275 | NS      | $1680542.50   | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                | ELI LILLY & CO   | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |       785 | NS      | $575075.30    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Okta Inc.                      | OKTA INC         | CUSIP: 679295105<br>LEI: 549300N8J06I8MRHU620 | Long             | EC               | CORP              | US        |      5800 | NS      | $538066.00    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc.         | LUMENTUM HOL     | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |      2560 | NS      | $339993.60    | 0.86%             |  |  |  | No            |                  1 | On Loan: —       |
| GE Aerospace                   | GENERAL ELECTRIC | CUSIP: 369604301<br>LEI: 3C7474T6CDKPR9K6YT90 | Long             | EC               | CORP              | US        |       790 | NS      | $217408.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| The Charles Schwab Corporation | SCHWAB (CHARLES) | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |      8630 | NS      | $827099.20    | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                  | ALPHABET INC-A   | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      3460 | NS      | $736668.60    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                   | NVIDIA CORP      | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |     20755 | NS      | $3615105.90   | 9.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora Inc                    | CENCORA INC      | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |      1380 | NS      | $402421.80    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                | MICROSOFT CORP   | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |      5336 | NS      | $2703697.84   | 6.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                      | JABIL INC        | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |      3470 | NS      | $710760.10    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation       | ALLSTATE CORP    | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      1620 | NS      | $329589.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp.                   | ORACLE CORP      | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |      1770 | NS      | $400250.10    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pilgrims Pride Corporation     | PILGRIM'S PRIDE  | CUSIP: 72147K108<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | EC               | CORP              | US        |     12830 | NS      | $570293.50    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix Inc                    | NUTANIX INC - A  | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |      8990 | NS      | $604217.90    | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Snowflake Inc                  | SNOWFLAKE INC    | CUSIP: 833445109<br>LEI: 254900CJNSY1K7T53Z16 | Long             | EC               | CORP              | US        |      2850 | NS      | $680181.00    | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| ResMed Inc.                    | RESMED INC       | CUSIP: 761152107<br>LEI: 529900T3QE5253CCXF22 | Long             | EC               | CORP              | US        |      2785 | NS      | $764510.35    | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Group          | ROYAL CARIBBEAN  | CUSIP: V7780T103<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | EC               | CORP              | LR        |      2080 | NS      | $755497.60    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Rockwell Automation, Inc.      | ROCKWELL AUTOMAT | CUSIP: 773903109<br>LEI: VH3R4HHBHH12O0EXZJ88 | Long             | EC               | CORP              | US        |      1650 | NS      | $566659.50    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                  | NETFLIX INC      | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |       460 | NS      | $555795.00    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies Inc      | PALANTIR TECHN-A | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |      1030 | NS      | $161411.30    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                      | TESLA INC        | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |      1380 | NS      | $460740.60    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce Inc.                | SALESFORCE INC   | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |      1090 | NS      | $279312.50    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| The Progressive Corporation    | PROGRESSIVE CORP | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |      3120 | NS      | $770827.20    | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.               | AMAZON.COM INC   | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |      6445 | NS      | $1475905.00   | 3.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Materials Inc.         | APPLIED MATERIAL | CUSIP: 038222105<br>LEI: 41BNNE1AFPNAZELZ6K07 | Long             | EC               | CORP              | US        |      1320 | NS      | $212203.20    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis, Inc.                 | EXELIXIS INC     | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |      8806 | NS      | $329520.52    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies Inc          | UBER TECHNOLOGIE | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |      6650 | NS      | $623437.50    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Roku Inc                       | ROKU INC         | CUSIP: 77543R102<br>LEI: 549300KR6ITU0YIR1T71 | Long             | EC               | CORP              | US        |      2610 | NS      | $252021.60    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                   | BROADCOM INC     | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      5675 | NS      | $1687688.25   | 4.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Emcor Group Inc                | EMCOR GROUP INC  | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |       920 | NS      | $570400.00    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co                     | CARVANA CO       | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |      1895 | NS      | $704788.40    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc.                  | QUALCOMM INC     | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |      2350 | NS      | $377715.50    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc.                  | ALPHABET INC-C   | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |      3440 | NS      | $734543.20    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| UiPath Inc.                    | UIPATH INC -CL A | CUSIP: 90364P105<br>LEI: 5493000YP61KBELDHT53 | Long             | EC               | CORP              | US        |     61620 | NS      | $685214.40    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Applovin Corp.                 | APPLOVIN CO-CL A | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |      1797 | NS      | $860026.23    | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Twilio Inc                     | TWILIO INC - A   | CUSIP: 90138F102<br>LEI: 5493004W8TRGD63APX93 | Long             | EC               | CORP              | US        |      6190 | NS      | $653725.90    | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc         | GUIDEWIRE SOFTWA | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |      2180 | NS      | $473103.60    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Mckesson Corp.                 | MCKESSON CORP    | CUSIP: 58155Q103<br>LEI: 549300WZWOM80UCFSF54 | Long             | EC               | CORP              | US        |       590 | NS      | $405117.60    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Roblox Corporation             | ROBLOX CORP - A  | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5420 | NS      | $675277.80    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Carnival Corporation           | CARNIVAL CORP    | CUSIP: 143658300<br>LEI: F1OF2ZSX47CR0BCWA982 | Long             | EC               | CORP              | PA        |      9610 | NS      | $306462.90    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc            | ARISTA NETWORKS  | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |      8385 | NS      | $1144971.75   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar Inc                | MORNINGSTAR INC  | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |       600 | NS      | $157452.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies PLC         | TRANE TECHNOLOGI | CUSIP: G8994E103<br>LEI: 549300BURLR9SLYY2705 | Long             | EC               | CORP              | IE        |      1770 | NS      | $735612.00    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Dropbox Inc                    | DROPBOX INC-A    | CUSIP: 26210C104<br>LEI: 549300JCDF7UAR6TJR51 | Long             | EC               | CORP              | US        |     15760 | NS      | $457985.60    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc.    | ADV MICRO DEVICE | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |      1495 | NS      | $243131.85    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc.            | HOULIHAN LOKEY I | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      3100 | NS      | $617675.00    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-26

**Name of Applicant:** SARATOGA ADVANTAGE TRUST

**Signature:** Rich Gleason

**Name of Signer:** Rich Gleason

**Title:** Assistant Treasurer