South Dakota Investment Council
SIOUX FALLS, SD
$5.8bn in 621 US stocks at the end of 30 June 2026. The top 10 are 37.9% of the money. It changed about 10.6% of the portfolio this quarter.
Value
$5.8bn
Stocks
621
Top 10 share
37.9%
Turnover
10.6%
What changed this quarter
New
Bought for the first time this quarter.
- ExxonMobil HoldingsXOM0.3% of the fund
- Vanguard Intl Equity Index FVT0.3% of the fund
- Boston ScientificBSX0.2% of the fund
- EntegrisENTG0.2% of the fund
- Advanced Energy IndustriesAEIS0.1% of the fund
- Honeywell AerospaceHONA0.1% of the fund
- Honeywell InternationalHON0.1% of the fund
- Lincoln Electric HoldingsLECO<0.1% of the fund
- MastecMTZ<0.1% of the fund
- ScansourceSCSC<0.1% of the fund
- FedEx Freight Holding CompanyFDXF<0.1% of the fund
- PhotronicsPLAB<0.1% of the fund
- Marvell TechnologyMRVL<0.1% of the fund
- Penguin SolutionsPENG<0.1% of the fund
- ACM ResearchACMR<0.1% of the fund
- MACOM Technology Solutions HoldingsMTSI<0.1% of the fund
- Onto InnovationONTO<0.1% of the fund
- Carpenter TechnologyCRS<0.1% of the fund
- Tractor SupplyTSCO<0.1% of the fund
- McDonald'sMCD<0.1% of the fund
- Guidewire SoftwareGWRE<0.1% of the fund
- KirbyKEX<0.1% of the fund
- Allegiant TravelALGT<0.1% of the fund
- CopartCPRT<0.1% of the fund
- DigitalOcean HoldingsDOCN<0.1% of the fund
Added
Bought more of a stock they already held.
- Ishares TRAGG5.9% of the fund+6%
- NvidiaNVDA4.6% of the fund+9%
- Vanguard Scottsdale FDSVCSH3.2% of the fund+32%
- Ishares TRUSHY1.3% of the fund+2%
- Meta PlatformsMETA1.2% of the fund+4%
- BroadcomAVGO1.1% of the fund+23%
- Bath & Body WorksBBWI0.8% of the fund+8%
- ZoetisZTS0.7% of the fund+167%
- ConocoPhillipsCOP0.6% of the fund+8%
- CDWCDW0.5% of the fund+164%
- United Parcel ServiceUPS0.5% of the fund+3%
- ComcastCMCSA0.5% of the fund+13%
- Reinsurance Group of AmericaRGA0.5% of the fund+7%
- Wells Fargo & CompanyWFC0.4% of the fund+23%
- Iqvia HoldingsIQV0.4% of the fund+10%
- Charter CommunicationsCHTR0.4% of the fund+128%
- Alaska Air GroupALK0.4% of the fund+3%
- Renaissancere HoldingsRNR0.4% of the fund+50%
- Occidental PetroleumOXY0.4% of the fund+16%
- DanaherDHR0.4% of the fund+34%
- Zimmer Biomet HoldingsZBH0.3% of the fund+21%
- MedtronicMDT0.3% of the fund+91%
- Lowe's CompaniesLOW0.3% of the fund+51%
- GE HealthCare TechnologiesGEHC0.3% of the fund+80%
- Annaly Capital ManagementNLY0.3% of the fund+105%
Cut
Sold some of their stake.
- Vanguard Intl Equity Index FVWO10.6% of the fund-3%
- Amazon.comAMZN2.3% of the fund-3%
- AlphabetGOOGL1.9% of the fund-6%
- AlphabetGOOG1.6% of the fund-2%
- Bristow GroupVTOL1.1% of the fund-18%
- Advanced Micro DevicesAMD1.0% of the fund-4%
- Berkshire HathawayBRK-B0.9% of the fund-2%
- Applied MaterialsAMAT0.9% of the fund-14%
- Eli LillyLLY0.8% of the fund-9%
- US BancorpUSB0.7% of the fund-3%
- UnitedHealth GroupUNH0.7% of the fund-46%
- Elevance HealthELV0.7% of the fund-17%
- Micron TechnologyMU0.6% of the fund-18%
- Texas InstrumentsTXN0.6% of the fund-14%
- HumanaHUM0.5% of the fund-66%
- IntelINTC0.5% of the fund-17%
- Molina HealthcareMOH0.5% of the fund-23%
- PfizerPFE0.5% of the fund-3%
- MerckMRK0.4% of the fund-7%
- SLB LimitedSLB0.4% of the fund-10%
- APAAPA0.3% of the fund-3%
- Generac HoldingsGNRC0.3% of the fund-10%
- CitigroupC0.3% of the fund-15%
- HalliburtonHAL0.3% of the fund-5%
- Johnson & JohnsonJNJ0.3% of the fund-10%
Sold out
Sold their entire stake.
- ExxonMobil HoldingsXOM-100%
- Honeywell InternationalHON-100%
- CoherentCOHR-100%
- Caseys General StoresCASY-100%
- Granite ConstructionGVA-100%
- Match GroupMTCH-100%
- Masimo-100%
- Palomar HoldingsPLMR-100%
- RambusRMBS-100%
- Comstock ResourcesCRK-100%
- LPL Financial HoldingsLPLA-100%
- Stifel FinancialSF-100%
- VontierVNT-100%
- Sealed Air Corp New-100%
- Sun Ctry Airls HldgsSNCY-100%
- Hologic-100%
- Chart Inds-100%
- MGM Resorts InternationalMGM-100%
- BrukerBRKR-100%
- Simply Good FoodsSMPL-100%
- AvantorAVTR-100%
- Coterra EnergyCTRA-100%
- QuidelOrthoQDEL-100%
- Cleveland-CliffsCLF-100%
- YelpYELP-100%
Holdings
- Vanguard Intl Equity Index FVWO
- Share
- 10.6%
- Value
- $617m
- Shares
- 10,336,538
-3%
- Ishares TRAGG
- Share
- 5.9%
- Value
- $342m
- Shares
- 3,453,435
+6%
- Vanguard Scottsdale FDSVCSH
- Share
- 3.2%
- Value
- $186m
- Shares
- 2,355,122
+32%
- Ishares TRUSHY
- Share
- 1.3%
- Value
- $74m
- Shares
- 2,006,500
+2%
- Vanguard Intl Equity Index FVT
- Share
- 0.3%
- Value
- $15m
- Shares
- 97,932
New
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Vanguard Intl Equity Index FVWO | 10.6% | $617m | 10,336,538 | -3% |
| Ishares TRAGG | 5.9% | $342m | 3,453,435 | +6% |
| NvidiaNVDA | 4.6% | $268m | 1,338,670 | +9% |
| AppleAAPL | 3.7% | $216m | 744,947 | Held |
| Vanguard Scottsdale FDSVCSH | 3.2% | $186m | 2,355,122 | +32% |
| MicrosoftMSFT | 2.9% | $171m | 458,784 | Held |
| Amazon.comAMZN | 2.3% | $135m | 564,563 | -3% |
| AlphabetGOOGL | 1.9% | $109m | 304,600 | -6% |
| AlphabetGOOG | 1.6% | $93m | 262,529 | -2% |
| Ishares TRUSHY | 1.3% | $74m | 2,006,500 | +2% |
| Meta PlatformsMETA | 1.2% | $68m | 121,131 | +4% |
| Bristow GroupVTOL | 1.1% | $66m | 1,603,618 | -18% |
| BroadcomAVGO | 1.1% | $61m | 162,684 | +23% |
| Advanced Micro DevicesAMD | 1.0% | $56m | 95,975 | -4% |
| Berkshire HathawayBRK-B | 0.9% | $54m | 107,973 | -2% |
| Applied MaterialsAMAT | 0.9% | $50m | 69,528 | -14% |
| Eli LillyLLY | 0.8% | $50m | 41,297 | -9% |
| Bath & Body WorksBBWI | 0.8% | $44m | 1,893,888 | +8% |
| ZoetisZTS | 0.7% | $42m | 590,102 | +167% |
| US BancorpUSB | 0.7% | $42m | 701,020 | -3% |
| UnitedHealth GroupUNH | 0.7% | $39m | 93,988 | -46% |
| Elevance HealthELV | 0.7% | $39m | 100,835 | -17% |
| Everest GroupEG | 0.6% | $37m | 102,992 | Held |
| Micron TechnologyMU | 0.6% | $36m | 31,275 | -18% |
| Texas InstrumentsTXN | 0.6% | $34m | 115,087 | -14% |
| ConocoPhillipsCOP | 0.6% | $34m | 327,723 | +8% |
| VisaV | 0.6% | $33m | 95,912 | Held |
| Lam ResearchLRCX | 0.6% | $32m | 74,624 | Held |
| HumanaHUM | 0.5% | $31m | 78,896 | -66% |
| CDWCDW | 0.5% | $31m | 218,632 | +164% |
| United Parcel ServiceUPS | 0.5% | $30m | 280,661 | +3% |
| IntelINTC | 0.5% | $30m | 215,629 | -17% |
| Molina HealthcareMOH | 0.5% | $30m | 130,276 | -23% |
| PfizerPFE | 0.5% | $28m | 1,166,118 | -3% |
| ComcastCMCSA | 0.5% | $27m | 1,097,490 | +13% |
| Reinsurance Group of AmericaRGA | 0.5% | $27m | 126,629 | +7% |
| Wells Fargo & CompanyWFC | 0.4% | $26m | 315,522 | +23% |
| Iqvia HoldingsIQV | 0.4% | $26m | 134,669 | +10% |
| MastercardMA | 0.4% | $26m | 50,246 | Held |
| Charter CommunicationsCHTR | 0.4% | $26m | 180,839 | +128% |
| EOG ResourcesEOG | 0.4% | $25m | 191,076 | Held |
| Alaska Air GroupALK | 0.4% | $24m | 463,482 | +3% |
| Renaissancere HoldingsRNR | 0.4% | $22m | 70,505 | +50% |
| Occidental PetroleumOXY | 0.4% | $22m | 455,056 | +16% |
| Arch Capital GroupACGL | 0.4% | $22m | 225,526 | Held |
| DanaherDHR | 0.4% | $22m | 114,619 | +34% |
| MerckMRK | 0.4% | $21m | 166,665 | -7% |
| SLB LimitedSLB | 0.4% | $21m | 446,879 | -10% |
| Constellation BrandsSTZ | 0.3% | $20m | 146,098 | Held |
| ExxonMobil HoldingsXOM | 0.3% | $20m | 145,930 | New |
| Zimmer Biomet HoldingsZBH | 0.3% | $20m | 227,685 | +21% |
| MedtronicMDT | 0.3% | $20m | 249,346 | +91% |
| Thermo Fisher ScientificTMO | 0.3% | $19m | 38,598 | Held |
| TeslaTSLA | 0.3% | $19m | 45,376 | Held |
| APAAPA | 0.3% | $19m | 577,758 | -3% |
| Lowe's CompaniesLOW | 0.3% | $19m | 84,606 | +51% |
| Generac HoldingsGNRC | 0.3% | $18m | 62,390 | -10% |
| CitigroupC | 0.3% | $18m | 129,610 | -15% |
| JPMorgan ChaseJPM | 0.3% | $18m | 54,648 | Held |
| Diamondback EnergyFANG | 0.3% | $18m | 101,106 | Held |
| HalliburtonHAL | 0.3% | $18m | 523,434 | -5% |
| Johnson & JohnsonJNJ | 0.3% | $17m | 67,922 | -10% |
| GE HealthCare TechnologiesGEHC | 0.3% | $17m | 260,303 | +80% |
| DeereDE | 0.3% | $16m | 25,976 | Held |
| Annaly Capital ManagementNLY | 0.3% | $16m | 730,038 | +105% |
| Walt DisneyDIS | 0.3% | $16m | 168,057 | Held |
| FiservFISV | 0.3% | $16m | 325,742 | +52% |
| Duke EnergyDUK | 0.3% | $16m | 124,207 | Held |
| HPHPQ | 0.3% | $16m | 715,294 | Held |
| SolventumSOLV | 0.3% | $16m | 203,403 | Held |
| Smurfit WestrockSW | 0.3% | $16m | 336,694 | +5% |
| Equitable HoldingsEQH | 0.3% | $15m | 352,587 | -7% |
| Vanguard Intl Equity Index FVT | 0.3% | $15m | 97,932 | New |
| LKQLKQ | 0.3% | $15m | 583,306 | Held |
| TargetTGT | 0.3% | $15m | 115,141 | -48% |
| Arrow ElectronicsARW | 0.3% | $15m | 70,201 | -23% |
| Liberty EnergyLBRT | 0.3% | $15m | 569,982 | -24% |
| CenteneCNC | 0.3% | $15m | 230,390 | -59% |
| Wesco InternationalWCC | 0.2% | $15m | 42,163 | Held |
| PVHPVH | 0.2% | $14m | 194,751 | -25% |
| Uber TechnologiesUBER | 0.2% | $14m | 197,942 | +444% |
| Matador ResourcesMTDR | 0.2% | $14m | 285,302 | -3% |
| ServiceNowNOW | 0.2% | $14m | 140,464 | +84% |
| Truist FinancialTFC | 0.2% | $14m | 279,182 | Held |
| LyondellBasell IndustriesLYB | 0.2% | $14m | 263,937 | -10% |
| PayPal HoldingsPYPL | 0.2% | $14m | 320,157 | Held |
| Procter & GamblePG | 0.2% | $14m | 94,240 | Held |
| RTXRTX | 0.2% | $13m | 69,564 | Held |
| Microchip TechnologyMCHP | 0.2% | $13m | 142,939 | -19% |
| Chord EnergyCHRD | 0.2% | $13m | 113,859 | -14% |
| Union PacificUNP | 0.2% | $13m | 47,781 | Held |
| QualcommQCOM | 0.2% | $13m | 70,242 | Held |
| Verizon CommunicationsVZ | 0.2% | $13m | 304,850 | Held |
| Global PaymentsGPN | 0.2% | $13m | 176,718 | Held |
| ChevronCVX | 0.2% | $13m | 76,460 | -3% |
| AdobeADBE | 0.2% | $13m | 61,383 | +23% |
| CloroxCLX | 0.2% | $13m | 131,384 | +45% |
| IntuitINTU | 0.2% | $12m | 47,599 | +166% |
| AccentureACN | 0.2% | $12m | 99,133 | +41% |
| CVS HealthCVS | 0.2% | $12m | 118,914 | -37% |
Showing the largest 100 of 621.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 11.9% since 30 June 2025.
Where the money is
Technology22.0%
Financial services10.7%
Health care10.3%
Industrials9.6%
Retail & consumer7.6%
Media & telecom6.8%
Energy4.7%
Everyday goods3.3%
Materials1.9%
Utilities1.7%
Other21.4%
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.