North Dakota State Investment Board portfolio

What changed this quarter

776 positions with a change (24 new, 622 added to, 91 trimmed, 39 sold). 6 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• iShares Core S&P 500 ETF−98%fewer sharesReduced
  5.5% → 0.1%
• Ishares Tr+24%more sharesIncreased
  5.2% → 5.8%
• iShares Core U.s. Aggregate ETF+1,070%more sharesIncreased
  0.1% → 1.1%
• iShares Core S&P Total U.s ETF+1.0 ppof portfolioNew
  — → 1.0%
• iShares Core International Stock ETF+0.6 ppof portfolioNew
  — → 0.6%
• State Str Spdr S&P 500 ETF T+0.6 ppof portfolioNew
  — → 0.6%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• NVIDIANVDA6.4%
• Ishares TrLQD5.8%
• AppleAAPL5.8%
• MicrosoftMSFT4.6%
• AlphabetGOOGL · GOOG4.4%
• Amazon.comAMZN2.9%
• iShares Broad USD Investment ETFUSIG2.9%
• BroadcomAVGO2.0%
• Meta PlatformsMETA1.9%
• Micron TechnologyMU1.4%
• TeslaTSLA1.2%
• Advanced Micro DevicesAMD1.2%
• iShares Core U.s. Aggregate ETFAGG1.1%
• Berkshire HathawayBRK/B1.1%
• Eli LillyLLY1.1%
• JPMorgan ChaseJPM1.1%
• iShares Core S&P Total U.s ETFITOT1.0%
• Exxon MobilXOM0.8%
• Johnson & JohnsonJNJ0.8%
• VisaV0.7%
• IntelINTC0.7%
• iShares Core International Stock ETFIXUS0.6%
• iShares 1-5y INV Grade ETFIGSB0.6%
• AbbVieABBV0.6%
• State Str Spdr S&P 500 ETF TSPY0.6%
• WalmartWMT0.5%
• MastercardMA0.5%
• Cisco SystemsCSCO0.5%
• Palantir TechnologiesPLTR0.5%
• Lam ResearchLRCX0.5%
• Applied MaterialsAMAT0.5%
• Costco WholesaleCOST0.5%
• ChevronCVX0.5%
• CaterpillarCAT0.4%
• Bank of AmericaBAC0.4%
• MerckMRK0.4%
• UnitedHealth GroupUNH0.4%
• Procter & GamblePG0.4%
• Coca-ColaKO0.4%
• GE AerospaceGE0.4%
• Palo Alto NetworksPANW0.4%
• CitigroupC0.4%
• CrowdStrike HoldingsCRWD0.4%
• Philip Morris InternationalPM0.4%
• NetflixNFLX0.3%
• Home DepotHD0.3%
• iShares 5-10y INV Grade ETFIGIB0.3%
• State Street SPDR P Corp Bond ETFSPBO0.3%
• Goldman Sachs GroupGS0.3%
• GE VernovaGEV0.3%
• KLAKLAC0.3%
• Texas InstrumentsTXN0.3%
• SandiskSNDK0.3%
• Thermo Fisher ScientificTMO0.3%
• RTXRTX0.3%
• Wells FargoWFC0.3%
• OracleORCL0.3%
• Vanguard Total Corporate BND ETFVTC0.3%
• Marvell TechnologyMRVL0.3%
• Dell TechnologiesDELL0.3%
• AmgenAMGN0.3%
• LindeLIN0.3%
• Arista NetworksANET0.3%
• Morgan StanleyMS0.3%
• International Business MachinesIBM0.2%
• AmphenolAPH0.2%
• QualcommQCOM0.2%
• Analog DevicesADI0.2%
• Verizon CommunicationsVZ0.2%
• FortinetFTNT0.2%
• Charles SchwabSCHW0.2%
• Gilead SciencesGILD0.2%
• Walt DisneyDIS0.2%
• SalesforceCRM0.2%
• PepsicoPEP0.2%
• Abbott LaboratoriesABT0.2%
• ConocoPhillipsCOP0.2%
• CloudflareNET0.2%
• EatonETN0.2%
• Bank of New York MellonBNY0.2%
• DeereDE0.2%
• At&tT0.2%
• McDONALD’SMCD0.2%
• WelltowerWELL0.2%
• Booking HoldingsBKNG0.2%
• PfizerPFE0.2%
• Cardinal HealthCAH0.2%
• Valero EnergyVLO0.2%
• BlackRockBLK0.2%
• Union PacificUNP0.2%
• American ExpressAXP0.2%
• Nextera EnergyNEE0.2%
• NewmontNEM0.2%
• Western DigitalWDC0.2%
• ProgressivePGR0.2%
• TJXTJX0.2%
• Intuitive SurgicalISRG0.2%
• BoeingBA0.2%
• McKESSONMCK0.2%