UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
Report for the Calendar Year or Quarter Ended:
09-30-2022
Check here if Amendment: ☐ Amendment Number:
This Amendment (Check only one.):☐ is a restatement.
☐ adds new holdings entries.

Institutional Investment Manager Filing this Report:

Name:
Saratoga Research & Investment Management
Address:
P.O BOX 3552
SARATOGA, CA 95070
Form 13F File Number:
028-13757

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.


Person Signing this Report on Behalf of Reporting Manager:
Name:
James Tanner
Title:
Director of Operations
Phone:
408-741-2331


Signature, Place, and Date of Signing:

James Tanner
                         [Signature]
Saratoga, CALIFORNIA
                 [City, State]
10-31-2022
                           [Date]
                          

Report Type (Check only one.):

☒ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) 

☐ 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) 

☐ 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)


Form 13F Summary Page

Report Summary:

Number of Other Included Managers:
0
Form 13F Information table Entry Total:
45
Form 13F Information table Value Total:
1892133
          (thousands)

List of Other Included Managers:

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column headings and list entries.]

  
NONE


UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number:3235-0006
Expires:July 31, 2015
Estimated average burden
hours per response:23.8
COLUMN 1COLUMN 2COLUMN 3COLUMN 4COLUMN 5COLUMN 6COLUMN 7COLUMN 8
VALUESHRS ORSH/PUT/INVESTMENTOTHERVOTING AUTHORITY
NAME OF ISSUERTITLE OF CLASSCUSIP(x$1000)PRN AMTPRNCALLDISCRETIONMANAGERSOLESHAREDNONE
3M CompanyCOM88579Y10114,225128,731SHSOLE117,574 0 11,157
Accenture Ltd NewCOMG1151C10156,092218,002SHSOLE206,740 0 11,262
Adobe SystemsCOM00724F10144,090160,211SHSOLE152,133 0 8,078
Alphabet Inc Cl ACOM02079K30588,143921,512SHSOLE879,940 0 41,572
Alphabet Inc Cl CCOM02079K1071,55616,179SHSOLE16,019 0 160
Amazon.comCOM0231351062732,420SHSOLE2,420 0 0
AmgenCOM0311621008,48137,627SHSOLE36,953 0 674
Apple IncCOM03783310075,877549,039SHSOLE520,831 0 28,208
Becton, Dickinson & CoCOM07588710947,427212,838SHSOLE202,201 0 10,637
Berkshire Hathaway BCOM08467070277,593290,587SHSOLE274,691 0 15,896
Biogen IncCOM09062X10361,785231,405SHSOLE219,692 0 11,713
Bristol-Myers SquibbCOM1101221082773,901SHSOLE3,726 0 175
C.H. Robinson WorldwideCOM12541W20959,905621,998SHSOLE587,301 0 34,697
Cisco SystemsCOM17275R10229,495737,369SHSOLE690,210 0 47,159
Coca-ColaCOM1912161007,704137,522SHSOLE125,039 0 12,483
Cognizant Tech SolutionsCOM19244610239,152681,621SHSOLE645,073 0 36,548
Colgate-PalmoliveCOM1941621032643,758SHSOLE3,758 0 0
Disney Walt CoCOM254687106117,7931,248,730SHSOLE1,192,182 0 56,548
General DynamicsCOM36955010874,770352,408SHSOLE333,853 0 18,555
Home DepotCOM43707610277,378280,415SHSOLE266,685 0 13,730
Int'l Business MachinesCOM4592001012542,141SHSOLE2,086 0 55
Int'l Flavors & FragCOM45950610148,632535,417SHSOLE505,873 0 29,544
Johnson & JohnsonCOM47816010468,029416,439SHSOLE398,057 0 18,382
Lockheed MartinCOM539830109355919SHSOLE894 0 25
Medtronic PLCCOMG5960L10382,6931,024,064SHSOLE982,548 0 41,516
MicrosoftCOM594918104105,025450,943SHSOLE430,583 0 20,360
NIKECOM65410610349,586596,558SHSOLE561,631 0 34,927
Novo Nordisk ADRCOM67010020569,632698,909SHSOLE659,788 0 39,121
OracleCOM68389X105102,8661,684,399SHSOLE1,603,874 0 80,525
PaychexCOM7043261075725,101SHSOLE4,941 0 160
PepsicoCOM71344810812,59177,125SHSOLE70,854 0 6,271
PfizerCOM7170811032535,780SHSOLE5,780 0 0
Polaris IndustriesCOM7310681022662,784SHSOLE2,784 0 0
Procter & GambleCOM74271810926,940213,388SHSOLE201,168 0 12,220
Raytheon TechnologiesCOM75513E101106,5821,302,004SHSOLE1,243,157 0 58,847
Reckitt Benckiser Group PLC ADCOM75625520432,7282,462,579SHSOLE2,314,016 0 148,563
Roche Holding AGCOM77119510455,4101,364,115SHSOLE1,290,666 0 73,449
SAP AG Spons ADRCOM8030542047779,559SHSOLE9,559 0 0
StarbucksCOM85524410964,781768,827SHSOLE729,643 0 39,184
T Rowe Price GroupCOM74144T1085565,291SHSOLE5,220 0 71
Unilever PLCCOM90476770491,9092,096,459SHSOLE2,008,207 0 88,252
Visa IncCOM92826C83944,349249,645SHSOLE236,826 0 12,819
Walmart IncCOM93114210344,453342,736SHSOLE324,608 0 18,128
Magellan Midstream Partners LPETP5590801062144,500SHSOLE4,500 0 0
iShares Edge MSCI USA QualityETF46432F3394003,845SHSOLE3,845 0 0