North Dakota State Investment Board
BISMARCK, ND
$2.5bn in 826 US stocks at the end of 30 June 2026. The top 10 are 37.1% of the money. It changed about 15.4% of the portfolio this quarter.
Value
$2.5bn
Stocks
826
Top 10 share
37.1%
Turnover
15.4%
What changed this quarter
New
Bought for the first time this quarter.
- Ishares TRAGG0.1% of the fund
- Bloom EnergyBE<0.1% of the fund
- Credo Technology Group HoldingCRDO<0.1% of the fund
- CoreWeaveCRWV<0.1% of the fund
- Sunbelt Rentals HoldingsSUNB<0.1% of the fund
- Sterling InfrastructureSTRL<0.1% of the fund
- AmcorAMCR<0.1% of the fund
- FabrinetFN<0.1% of the fund
- IonQIONQ<0.1% of the fund
- Guardant HealthGH<0.1% of the fund
- TTM TechnologiesTTMI<0.1% of the fund
- NextpowerNXT<0.1% of the fund
- MedlineMDLN<0.1% of the fund
- Coeur MiningCDE<0.1% of the fund
- SitimeSITM<0.1% of the fund
- Amkor TechnologyAMKR<0.1% of the fund
- Pinnacle Financial PartnersPNFP<0.1% of the fund
- Dycom IndustriesDY<0.1% of the fund
- SemtechSMTC<0.1% of the fund
- IrenIREN<0.1% of the fund
- RambusRMBS<0.1% of the fund
- Advanced Energy IndustriesAEIS<0.1% of the fund
- EchoStarECHO<0.1% of the fund
- Modine ManufacturingMOD<0.1% of the fund
- SanminaSANM<0.1% of the fund
Added
Bought more of a stock they already held.
- Ishares TRIVV5.5% of the fund+60%
- Ishares TRLQD5.2% of the fund+5%
- Amazon.comAMZN2.8% of the fund+3%
- BroadcomAVGO2.1% of the fund+3%
- AlphabetGOOG2.0% of the fund+2%
- Micron TechnologyMU1.6% of the fund+3%
- Meta PlatformsMETA1.5% of the fund+3%
- TeslaTSLA1.5% of the fund+5%
- Advanced Micro DevicesAMD1.1% of the fund+3%
- Berkshire HathawayBRK-B1.1% of the fund+3%
- WalmartWMT0.6% of the fund+3%
- MastercardMA0.5% of the fund+3%
- Costco WholesaleCOST0.5% of the fund+2%
- UnitedHealth GroupUNH0.5% of the fund+11%
- Home DepotHD0.4% of the fund+3%
- SandiskSNDK0.4% of the fund+9%
- Coca-ColaKO0.4% of the fund+3%
- Philip Morris InternationalPM0.3% of the fund+3%
- Palo Alto NetworksPANW0.3% of the fund+6%
- Texas InstrumentsTXN0.3% of the fund+3%
- International Business MachinesIBM0.3% of the fund+3%
- Marvell TechnologyMRVL0.3% of the fund+3%
- RTXRTX0.3% of the fund+3%
- OracleORCL0.3% of the fund+3%
- AmphenolAPH0.3% of the fund+3%
Cut
Sold some of their stake.
- Ishares TRUSIG3.1% of the fund-71%
- Ishares TRIGSB0.6% of the fund-11%
- Spdr Series TrustSPBO0.4% of the fund-71%
- Western DigitalWDC0.3% of the fund-21%
- Vanguard Scottsdale FDSVTC0.3% of the fund-73%
- Gilead SciencesGILD0.2% of the fund-4%
- Booking HoldingsBKNG0.2% of the fund-4%
- Charles SchwabSCHW0.2% of the fund-3%
- PfizerPFE0.2% of the fund-8%
- SalesforceCRM0.1% of the fund-13%
- ChubbCB0.1% of the fund-2%
- SnowflakeSNOW0.1% of the fund-5%
- Ishares TRIGIB0.1% of the fund-70%
- MckessonMCK0.1% of the fund-11%
- Johnson Controls InternationalJCI0.1% of the fund-5%
- 3MMMM0.1% of the fund-27%
- DatadogDDOG0.1% of the fund-14%
- DoorDashDASH<0.1% of the fund-3%
- Monster BeverageMNST<0.1% of the fund-33%
- Southwest AirlinesLUV<0.1% of the fund-23%
- TwilioTWLO<0.1% of the fund-28%
- IncyteINCY<0.1% of the fund-34%
- Warner Bros. DiscoveryWBD<0.1% of the fund-41%
- HCA HealthcareHCA<0.1% of the fund-6%
- Rockwell AutomationROK<0.1% of the fund-10%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- ChewyCHWY-100%
- Carnival-100%
- DuPont de NemoursDD-100%
- Coterra EnergyCTRA-100%
- Hologic-100%
- Chord EnergyCHRD-100%
- MosaicMOS-100%
- Masimo-100%
- Matador ResourcesMTDR-100%
- EPAM SystemsEPAM-100%
- IngredionINGR-100%
- CelaneseCE-100%
- AmdocsDOX-100%
- Molson Coors BeverageTAP-100%
- Newell BrandsNWL-100%
- ClarivateCLVT-100%
- CotyCOTY-100%
Holdings
- Ishares TRIVV
- Share
- 5.5%
- Value
- $135m
- Shares
- 179,687
+60%
- Ishares TRLQD
- Share
- 5.2%
- Value
- $127m
- Shares
- 1,167,864
+5%
- Ishares TRUSIG
- Share
- 3.1%
- Value
- $77m
- Shares
- 1,499,747
-71%
- Ishares TRIGSB
- Share
- 0.6%
- Value
- $16m
- Shares
- 297,278
-11%
- Spdr Series TrustSPBO
- Share
- 0.4%
- Value
- $9m
- Shares
- 311,928
-71%
- Vanguard Scottsdale FDSVTC
- Share
- 0.3%
- Value
- $8m
- Shares
- 98,039
-73%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 5.6% | $138m | 687,707 | Held |
| Ishares TRIVV | 5.5% | $135m | 179,687 | +60% |
| Ishares TRLQD | 5.2% | $127m | 1,167,864 | +5% |
| AppleAAPL | 5.0% | $123m | 426,229 | Held |
| MicrosoftMSFT | 3.3% | $82m | 219,052 | Held |
| Ishares TRUSIG | 3.1% | $77m | 1,499,747 | -71% |
| Amazon.comAMZN | 2.8% | $68m | 285,975 | +3% |
| AlphabetGOOGL | 2.5% | $61m | 171,763 | Held |
| BroadcomAVGO | 2.1% | $52m | 137,340 | +3% |
| AlphabetGOOG | 2.0% | $50m | 140,182 | +2% |
| Micron TechnologyMU | 1.6% | $38m | 33,224 | +3% |
| Meta PlatformsMETA | 1.5% | $37m | 64,930 | +3% |
| TeslaTSLA | 1.5% | $36m | 86,131 | +5% |
| Eli LillyLLY | 1.1% | $28m | 23,539 | Held |
| Advanced Micro DevicesAMD | 1.1% | $28m | 47,888 | +3% |
| Berkshire HathawayBRK-B | 1.1% | $27m | 54,845 | +3% |
| JPMorgan ChaseJPM | 1.0% | $26m | 78,820 | Held |
| IntelINTC | 0.7% | $18m | 129,279 | Held |
| Johnson & JohnsonJNJ | 0.7% | $18m | 71,036 | Held |
| Applied MaterialsAMAT | 0.7% | $17m | 23,375 | Held |
| ExxonMobil HoldingsXOM | 0.7% | $17m | 122,689 | Held |
| VisaV | 0.7% | $17m | 48,684 | Held |
| Lam ResearchLRCX | 0.6% | $16m | 36,844 | Held |
| Ishares TRIGSB | 0.6% | $16m | 297,278 | -11% |
| WalmartWMT | 0.6% | $15m | 129,371 | +3% |
| CaterpillarCAT | 0.6% | $14m | 13,389 | Held |
| Cisco SystemsCSCO | 0.6% | $14m | 119,859 | Held |
| AbbVieABBV | 0.5% | $13m | 52,197 | Held |
| MastercardMA | 0.5% | $12m | 23,921 | +3% |
| Costco WholesaleCOST | 0.5% | $12m | 13,125 | +2% |
| UnitedHealth GroupUNH | 0.5% | $12m | 29,272 | +11% |
| KLAKLAC | 0.5% | $12m | 38,571 | Held |
| General ElectricGE | 0.5% | $11m | 30,450 | Held |
| Bank of AmericaBAC | 0.5% | $11m | 195,293 | Held |
| Home DepotHD | 0.4% | $10m | 29,607 | +3% |
| Procter & GamblePG | 0.4% | $10m | 68,746 | Held |
| SandiskSNDK | 0.4% | $10m | 4,253 | +9% |
| Coca-ColaKO | 0.4% | $9m | 115,638 | +3% |
| MerckMRK | 0.4% | $9m | 72,931 | Held |
| GE VernovaGEV | 0.4% | $9m | 7,931 | Held |
| ChevronCVX | 0.4% | $9m | 54,681 | Held |
| Spdr Series TrustSPBO | 0.4% | $9m | 311,928 | -71% |
| NetflixNFLX | 0.4% | $9m | 123,707 | Held |
| Goldman Sachs GroupGS | 0.3% | $9m | 8,502 | Held |
| Philip Morris InternationalPM | 0.3% | $8m | 46,328 | +3% |
| Western DigitalWDC | 0.3% | $8m | 13,091 | -21% |
| Palo Alto NetworksPANW | 0.3% | $8m | 23,786 | +6% |
| Texas InstrumentsTXN | 0.3% | $8m | 27,025 | +3% |
| International Business MachinesIBM | 0.3% | $8m | 27,667 | +3% |
| Marvell TechnologyMRVL | 0.3% | $8m | 25,715 | +3% |
| Palantir TechnologiesPLTR | 0.3% | $8m | 64,953 | Held |
| RTXRTX | 0.3% | $8m | 39,783 | +3% |
| Vanguard Scottsdale FDSVTC | 0.3% | $8m | 98,039 | -73% |
| Wells Fargo & CompanyWFC | 0.3% | $7m | 90,309 | Held |
| OracleORCL | 0.3% | $7m | 50,056 | +3% |
| CitigroupC | 0.3% | $7m | 52,036 | Held |
| LindeLIN | 0.3% | $7m | 13,595 | Held |
| Morgan StanleyMS | 0.3% | $7m | 33,037 | Held |
| QualcommQCOM | 0.3% | $7m | 36,587 | Held |
| AmphenolAPH | 0.3% | $6m | 36,283 | +3% |
| CorningGLW | 0.2% | $6m | 23,215 | +3% |
| AmgenAMGN | 0.2% | $6m | 15,994 | Held |
| Analog DevicesADI | 0.2% | $6m | 14,534 | Held |
| McDonald'sMCD | 0.2% | $6m | 21,256 | +3% |
| CrowdStrike HoldingsCRWD | 0.2% | $6m | 7,353 | +3% |
| PepsiCoPEP | 0.2% | $6m | 40,747 | +3% |
| Thermo Fisher ScientificTMO | 0.2% | $5m | 10,961 | Held |
| NextEra EnergyNEE | 0.2% | $5m | 62,035 | +3% |
| Verizon CommunicationsVZ | 0.2% | $5m | 125,587 | Held |
| American ExpressAXP | 0.2% | $5m | 15,653 | Held |
| CVS HealthCVS | 0.2% | $5m | 50,828 | +37% |
| Arista NetworksANET | 0.2% | $5m | 30,676 | +3% |
| Walt DisneyDIS | 0.2% | $5m | 52,825 | Held |
| TJX CompaniesTJX | 0.2% | $5m | 33,260 | +3% |
| EatonETN | 0.2% | $5m | 11,653 | +3% |
| BoeingBA | 0.2% | $5m | 22,468 | +4% |
| Union PacificUNP | 0.2% | $5m | 17,783 | +3% |
| Dell TechnologiesDELL | 0.2% | $5m | 11,008 | +20% |
| Gilead SciencesGILD | 0.2% | $5m | 37,032 | -4% |
| Abbott LaboratoriesABT | 0.2% | $5m | 51,490 | +3% |
| WelltowerWELL | 0.2% | $5m | 20,447 | +3% |
| DeereDE | 0.2% | $5m | 7,265 | +3% |
| Bristol-Myers SquibbBMY | 0.2% | $5m | 79,632 | +29% |
| Booking HoldingsBKNG | 0.2% | $5m | 25,265 | -4% |
| Charles SchwabSCHW | 0.2% | $4m | 48,181 | -3% |
| BlackRockBLK | 0.2% | $4m | 4,537 | +3% |
| Intuitive SurgicalISRG | 0.2% | $4m | 10,496 | +3% |
| Uber TechnologiesUBER | 0.2% | $4m | 57,754 | Held |
| AT&TT | 0.2% | $4m | 199,717 | Held |
| Expedia GroupEXPE | 0.2% | $4m | 16,033 | +67% |
| PfizerPFE | 0.2% | $4m | 168,928 | -8% |
| NewmontNEM | 0.2% | $4m | 41,570 | +31% |
| StarbucksSBUX | 0.2% | $4m | 37,506 | +14% |
| ConocoPhillipsCOP | 0.2% | $4m | 36,794 | Held |
| ProgressivePGR | 0.2% | $4m | 17,425 | +3% |
| Vertiv HoldingsVRT | 0.2% | $4m | 11,312 | +3% |
| Altria GroupMO | 0.2% | $4m | 52,607 | +8% |
| Vertex PharmaceuticalsVRTX | 0.2% | $4m | 7,547 | Held |
| FortinetFTNT | 0.2% | $4m | 24,394 | +32% |
| PrologisPLD | 0.2% | $4m | 27,582 | +3% |
Showing the largest 100 of 826.
Over time and by industry
Value over time
Dec '25
Jun '26
Value is down 8.4% since 31 December 2025.
Where the money is
Technology30.5%
Financial services10.0%
Industrials8.3%
Retail & consumer8.2%
Health care8.1%
Media & telecom7.8%
Everyday goods4.0%
Energy2.5%
Utilities1.8%
Materials1.7%
Real estate1.7%
Other15.4%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.