# EDGAR Filing Document

**Accession Number:** 0000877880
**File Stem:** 0001752724-23-035242
**Filing Date:** 2023-2
**Character Count:** 36096
**Document Hash:** 524e9a272f1b5067998152f4acfb9e84
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-035242.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-035242

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SIT MUTUAL FUNDS INC
- **CENTRAL INDEX KEY:** 0000877880
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06373
- **FILM NUMBER:** 23657206

**BUSINESS ADDRESS:**
- **STREET 1:** 3300 IDS CTR, 80 SOUTH 8TH ST
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-4130
- **BUSINESS PHONE:** 612-332-3223

**MAIL ADDRESS:**
- **STREET 1:** 3300 IDS CTR, 80 SOUTH 8TH ST
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55402-4130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SIT NEW BEGINNING MUTUAL FUNDS INC
- **DATE OF NAME CHANGE:** 19920929

## Series and Classes Contracts Data

### Sit Small Cap Growth Fund (Series ID: S000003464)

| Class ID   | Class Name                | Ticker Symbol   |
|:---|:---|:---|
| C000009598 | Sit Small Cap Growth Fund | SSMGX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SIT MUTUAL FUNDS INC

- **b. Investment Company Act file number:** 811-06373

- **c. CIK number of Registrant:** 0000877880

- **d. LEI of Registrant:** 254900G3NOOZ0B3T2Q46

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

  - **Street Address 1:** 80 S. Eighth Street

  - **City:** Minneapolis

  - **State:** MN

  - **Foreign country:** US

  - **Zip / Postal Code:** 55402

  - **Telephone number:** 612-332-3223

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

- **a. Name of Series:** Sit Small Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000003464

- **c. LEI of Series:** 254900ENW89B8U6ZTI79

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

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-30

**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:** $99046255.48

**Total Liabilities:** $132332.69

**Net Assets:** $98913922.79

**Cash Not Reported:** $261.52

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000009598 | 6.48%                | 5.80%                | -5.45%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $31804.24                | $6179685.75                                |
| Month 2  | $654503.77               | $5079489.11                                |
| Month 3  | $-818446.38              | $-4883066.96                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PTC Inc                                                        | PTC Inc                                                 | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |     17600 | NS      | $2112704.00   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Alliance Bancorp                                       | Western Alliance Bancorp                                | CUSIP: 957638109<br>LEI: 5493003VJXZ5JXT9S762 | Long             | EC               | CORP              | US        |     14300 | NS      | $851708.00    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Altair Engineering Inc                                         | Altair Engineering Inc                                  | CUSIP: 021369103<br>LEI: 549300FJ89HZ6GU9S994 | Long             | EC               | CORP              | US        |     25933 | NS      | $1179173.51   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Donaldson Co Inc                                               | Donaldson Co Inc                                        | CUSIP: 257651109<br>LEI: OZE6KXY9QQPR8EJ8WL20 | Long             | EC               | CORP              | US        |     13575 | NS      | $799160.25    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings Inc                                         | Boot Barn Holdings Inc                                  | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |     19875 | NS      | $1242585.00   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Insulet Corp                                                   | Insulet Corp                                            | CUSIP: 45784P101<br>LEI: 549300TZTYD2PYN92D43 | Long             | EC               | CORP              | US        |      3525 | NS      | $1037724.75   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyworks Solutions Inc                                         | Skyworks Solutions Inc                                  | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     10800 | NS      | $984204.00    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Golar LNG Ltd                                                  | Golar LNG Ltd                                           | CUSIP: 000000000<br>LEI: 213800C2VSFZG3EZLO34 | Long             | EC               | CORP              | BM        |     68100 | NS      | $1551999.00   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Holdings Co                                              | Crane Holdings Co                                       | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |     19075 | NS      | $1916083.75   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| nCino Inc                                                      | nCino Inc                                               | CUSIP: 63947X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25400 | NS      | $671576.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Seres Therapeutics Inc                                         | Seres Therapeutics Inc                                  | CUSIP: 81750R102<br>LEI: 549300GMXBE5NUWISF13 | Long             | EC               | CORP              | US        |    159800 | NS      | $894880.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| SVB Financial Group                                            | SVB Financial Group                                     | CUSIP: 78486Q101<br>LEI: 549300D2KJ20JMXE7542 | Long             | EC               | CORP              | US        |      2800 | NS      | $644392.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp                                          | Encompass Health Corp                                   | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     19675 | NS      | $1176761.75   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Align Technology Inc                                           | Align Technology Inc                                    | CUSIP: 016255101<br>LEI: 549300N5YSE0U3LCP840 | Long             | EC               | CORP              | US        |      2150 | NS      | $453435.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                                                        | KBR Inc                                                 | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     43500 | NS      | $2296800.00   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                                               | Carlisle Cos Inc                                        | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      2200 | NS      | $518430.00    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Farms Inc                                                | Vital Farms Inc                                         | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |     41675 | NS      | $621791.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Cabot Corp                                                     | Cabot Corp                                              | CUSIP: 127055101<br>LEI: K05C0SER542GQ6VLRO68 | Long             | EC               | CORP              | US        |      3700 | NS      | $247308.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| FIDELITY INVESTMENTS MONEY MARKET FUNDS - GOVERNMENT PORTFOLIO | FIDELITY GOVERNMENT PORT-I                              | CUSIP: 316175108<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   1833281 | NS      | $1833281.09   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/O                                 | American Financial Group Inc/OH                         | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |      4800 | NS      | $658944.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Twist Bioscience Corp                                          | Twist Bioscience Corp                                   | CUSIP: 90184D100<br>LEI: 549300T23BL59LCOH584 | Long             | EC               | CORP              | US        |      4800 | NS      | $114288.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| STAAR Surgical Co                                              | STAAR Surgical Co                                       | CUSIP: 852312305<br>LEI: 5299006LRHI7OJ8BY308 | Long             | EC               | CORP              | US        |     17500 | NS      | $849450.00    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp                                                    | Avient Corp                                             | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |     13200 | NS      | $445632.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                                                | Ulta Beauty Inc                                         | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      3050 | NS      | $1430663.50   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Inc                                           | Alaska Air Group Inc                                    | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |     11500 | NS      | $493810.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| PerkinElmer Inc                                                | PerkinElmer Inc                                         | CUSIP: 714046109<br>LEI: 549300IKL1SDPFI7N655 | Long             | EC               | CORP              | US        |      7000 | NS      | $981540.00    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ANSYS Inc                                                      | ANSYS Inc                                               | CUSIP: 03662Q105<br>LEI: 549300VJV8H15Z5FJ571 | Long             | EC               | CORP              | US        |      2950 | NS      | $712690.50    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc                                            | Eagle Materials Inc                                     | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |     10300 | NS      | $1368355.00   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden Inc                                                     | Belden Inc                                              | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |     20275 | NS      | $1457772.50   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                                                 | Air Lease Corp                                          | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |     27625 | NS      | $1061352.50   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Exact Sciences Corp                                            | Exact Sciences Corp                                     | CUSIP: 30063P105<br>LEI: 549300VM3X1FYD4N9Z14 | Long             | EC               | CORP              | US        |     12425 | NS      | $615161.75    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| TFI International Inc                                          | TFI International Inc                                   | CUSIP: 87241L109<br>LEI: 5493007R9W7KO7SJN678 | Long             | EC               | CORP              | CA        |     20025 | NS      | $2007306.00   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp                                          | Stifel Financial Corp                                   | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |     11800 | NS      | $688766.00    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Hannon Armstrong Sustainable I                                 | Hannon Armstrong Sustainable Infrastructure Capital Inc | CUSIP: 41068X100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25800 | NS      | $747684.00    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                                                | Bio-Techne Corp                                         | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |     14800 | NS      | $1226624.00   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Paycom Software Inc                                            | Paycom Software Inc                                     | CUSIP: 70432V102<br>LEI: 254900LSB0HNJUDC6Q18 | Long             | EC               | CORP              | US        |      6225 | NS      | $1931679.75   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| H&E Equipment Services Inc                                     | H&E Equipment Services Inc                              | CUSIP: 404030108<br>LEI: 254900KVLRCDMQRYY541 | Long             | EC               | CORP              | US        |     34350 | NS      | $1559490.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Entegris Inc                                                   | Entegris Inc                                            | CUSIP: 29362U104<br>LEI: IYX6OWO7BT5DKO3BYG52 | Long             | EC               | CORP              | US        |      5249 | NS      | $344281.91    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc                                            | Arista Networks Inc                                     | CUSIP: 040413106<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |     15600 | NS      | $1893060.00   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Zurn Elkay Water Solutions Cor                                 | Zurn Elkay Water Solutions Corp                         | CUSIP: 98983L108<br>LEI: 549300AM3633XDFU1Q85 | Long             | EC               | CORP              | US        |     19325 | NS      | $408723.75    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Physicians Realty Trust                                        | Physicians Realty Trust                                 | CUSIP: 71943U104<br>LEI: 549300ITOVH0OY7PZC34 | Long             | EC               | CORP              | US        |     61600 | NS      | $891352.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Marten Transport Ltd                                           | Marten Transport Ltd                                    | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48000 | NS      | $949440.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                                                  | Coherent Corp                                           | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |     20075 | NS      | $704632.50    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Science Applications Internati                                 | Science Applications International Corp                 | CUSIP: 808625107<br>LEI: 549300LZPNZIXQGZPZ48 | Long             | EC               | CORP              | US        |      2700 | NS      | $299511.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide Inc                                          | Euronet Worldwide Inc                                   | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |      9550 | NS      | $901329.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Stratasys Ltd                                                  | Stratasys Ltd                                           | CUSIP: 000000000<br>LEI: 529900MU215GIP9SZ741 | Long             | EC               | CORP              | US        |     46175 | NS      | $547635.50    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp                                              | MP Materials Corp                                       | CUSIP: 553368101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19100 | NS      | $463748.00    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Globant SA                                                     | Globant SA                                              | CUSIP: 000000000<br>LEI: 2221008DCMSPYS42DS88 | Long             | EC               | CORP              | UY        |     11350 | NS      | $1908616.00   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting Inc                                             | FTI Consulting Inc                                      | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |      5250 | NS      | $833700.00    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp                                             | Regal Rexnord Corp                                      | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |      6755 | NS      | $810464.90    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp                                                      | Olin Corp                                               | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |     48175 | NS      | $2550384.50   | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Waste Connections Inc                                          | Waste Connections Inc                                   | CUSIP: 94106B101<br>LEI: 549300HDLRTPBQU69P29 | Long             | EC               | CORP              | US        |     17575 | NS      | $2329742.00   | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc                                   | Monolithic Power Systems Inc                            | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |      5675 | NS      | $2006736.75   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ASGN Inc                                                       | ASGN Inc                                                | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |     19450 | NS      | $1584786.00   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| AtriCure Inc                                                   | AtriCure Inc                                            | CUSIP: 04963C209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28300 | NS      | $1255954.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Managem                                 | Artisan Partners Asset Management Inc                   | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |     31825 | NS      | $945202.50    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                                      | Halozyme Therapeutics Inc                               | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     33000 | NS      | $1877700.00   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp                                          | Tenet Healthcare Corp                                   | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     34900 | NS      | $1702771.00   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Trex Co Inc                                                    | Trex Co Inc                                             | CUSIP: 89531P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20825 | NS      | $881522.25    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Thor Industries Inc                                            | Thor Industries Inc                                     | CUSIP: 885160101<br>LEI: 254900XZO1228PDSG060 | Long             | EC               | CORP              | US        |     11200 | NS      | $845488.00    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp                                            | Addus HomeCare Corp                                     | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |     12600 | NS      | $1253574.00   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Ho                                 | Knight-Swift Transportation Holdings Inc                | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18725 | NS      | $981377.25    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Vail Resorts Inc                                               | Vail Resorts Inc                                        | CUSIP: 91879Q109<br>LEI: 529900PSZHRNU9HKH870 | Long             | EC               | CORP              | US        |      3550 | NS      | $846142.50    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                                                      | Spire Inc                                               | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |      7100 | NS      | $488906.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd                                      | Axis Capital Holdings Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     22975 | NS      | $1244555.75   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp                                              | Chord Energy Corp                                       | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     15100 | NS      | $2065831.00   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI Holdings Inc                                              | YETI Holdings Inc                                       | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |     25325 | NS      | $1046175.75   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc                                     | Casey's General Stores Inc                              | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      4300 | NS      | $964705.00    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Oil and Gas Inc                                       | Northern Oil and Gas Inc                                | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     66400 | NS      | $2046448.00   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Instruments Inc                                            | MKS Instruments Inc                                     | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     13400 | NS      | $1135382.00   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Technology Inc                                           | Aspen Technology Inc                                    | CUSIP: 29109X106<br>LEI: 254900545H80W6GA2J08 | Long             | EC               | CORP              | US        |      5281 | NS      | $1084717.40   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| STERIS PLC                                                     | STERIS PLC                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6675 | NS      | $1232805.75   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Booz Allen Hamilton Holding Co                                 | Booz Allen Hamilton Holding Corp                        | CUSIP: 099502106<br>LEI: 529900JPV47PIUWMA015 | Long             | EC               | CORP              | US        |     16900 | NS      | $1766388.00   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                                                  | MYR Group Inc                                           | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      8675 | NS      | $798707.25    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp                                                     | Ciena Corp                                              | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     14150 | NS      | $721367.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Inmode Ltd                                                     | Inmode Ltd                                              | CUSIP: 000000000<br>LEI: 984500DD95A35E9BD358 | Long             | EC               | CORP              | IL        |     32900 | NS      | $1174530.00   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software                                  | Take-Two Interactive Software Inc                       | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      4075 | NS      | $424329.75    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                                                    | Hubbell Inc                                             | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      5225 | NS      | $1226203.00   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc                                  | Lincoln Electric Holdings Inc                           | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      7100 | NS      | $1025879.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Colliers International Group I                                 | Colliers International Group Inc                        | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |     12700 | NS      | $1168908.00   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot Inc                                                    | HubSpot Inc                                             | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |      3600 | NS      | $1040868.00   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AZEK Co Inc/The                                                | AZEK Co Inc/The                                         | CUSIP: 05478C105<br>LEI: 5493002LDDDU1RX46815 | Long             | EC               | CORP              | US        |     24200 | NS      | $491744.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexstar Media Group Inc                                        | Nexstar Media Group Inc                                 | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     12725 | NS      | $2227256.75   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| GoDaddy Inc                                                    | GoDaddy Inc                                             | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |     15025 | NS      | $1124170.50   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                                                | EMCOR Group Inc                                         | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |     11900 | NS      | $1762509.00   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarepta Therapeutics Inc                                       | Sarepta Therapeutics Inc                                | CUSIP: 803607100<br>LEI: 549300IKDPIED8J8IG21 | Long             | EC               | CORP              | US        |     13400 | NS      | $1736372.00   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| First Republic Bank/CA                                         | First Republic Bank/CA                                  | CUSIP: 33616C100<br>LEI: YWC0TIKBQM2JV8L4IV08 | Long             | EC               | CORP              | US        |      5200 | NS      | $633828.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                                                        | AZZ Inc                                                 | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |     22575 | NS      | $907515.00    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** SIT MUTUAL FUNDS INC

**Signature:** Paul Rasmussen

**Name of Signer:** Paul Rasmussen

**Title:** VP, Treasurer & Chief Compliance Officer