State of Wisconsin Investment Board
MADISON, WI
$49.6bn in 2,527 US stocks at the end of 30 June 2026. The top 10 are 27.1% of the money. It changed about 10.6% of the portfolio this quarter.
Value
$49.6bn
Stocks
2,527
Top 10 share
27.1%
Turnover
10.6%
What changed this quarter
New
Bought for the first time this quarter.
- Honeywell InternationalHON<0.1% of the fund
- Honeywell AerospaceHONA<0.1% of the fund
- CarnivalCCL<0.1% of the fund
- Spdr Series TrustXRT<0.1% of the fund
- Space Exploration TechnologiesSPCX<0.1% of the fund
- DuPont de NemoursDD<0.1% of the fund
- FedEx Freight Holding CompanyFDXF<0.1% of the fund
- MedlineMDLN<0.1% of the fund
- Cyberark Software<0.1% of the fund
- SharkNinjaSN<0.1% of the fund
- Akamai Technologies<0.1% of the fund
- Ishares TRINDA<0.1% of the fund
- Cloudflare<0.1% of the fund
- Revolution Medicines<0.1% of the fund
- Circle Internet GroupCRCL<0.1% of the fund
- Travere Therapeutics<0.1% of the fund
- Uber Technologies<0.1% of the fund
- Golar LNG<0.1% of the fund
- Firstenergy<0.1% of the fund
- Sitime<0.1% of the fund
- Alliant Energy<0.1% of the fund
- Firstenergy<0.1% of the fund
- Merit MED SYS<0.1% of the fund
- WEC Energy Group<0.1% of the fund
- Rubrik<0.1% of the fund
Added
Bought more of a stock they already held.
- Invesco Exchange Traded FD TRSP3.2% of the fund+13%
- AlphabetGOOG2.2% of the fund+20%
- HeicoHEI-A1.1% of the fund+48%
- FoxFOX0.8% of the fund+2%
- Invesco Exch Traded FD TR IIBKLN0.6% of the fund+207%
- Ishares TRISTB0.5% of the fund+2%
- SandiskSNDK0.4% of the fund+2%
- Marvell TechnologyMRVL0.3% of the fund+8%
- Petroleo Brasileiro S APBR-A0.3% of the fund+675%
- Zillow GroupZ0.2% of the fund+71%
- TJX CompaniesTJX0.2% of the fund+7%
- AT&TT0.2% of the fund+2%
- ConocoPhillipsCOP0.1% of the fund+3%
- LennarLEN0.1% of the fund+352%
- Howmet AerospaceHWM0.1% of the fund+7%
- UBS Group AGUBS0.1% of the fund+2%
- Bank of New York MellonBNY0.1% of the fund+6%
- ETF SER SolutionsJETS0.1% of the fund+9%
- O'Reilly AutomotiveORLY0.1% of the fund+14%
- ComcastCMCSA<0.1% of the fund+3%
- Mondelez InternationalMDLZ<0.1% of the fund+7%
- American TowerAMT<0.1% of the fund+12%
- CME GroupCME<0.1% of the fund+6%
- Ross StoresROST<0.1% of the fund+16%
- FedExFDX<0.1% of the fund+18%
Cut
Sold some of their stake.
- NvidiaNVDA5.0% of the fund-5%
- Berkshire Hathaway INC DELBRK-A0.9% of the fund-10%
- IntelINTC0.7% of the fund-8%
- Lam ResearchLRCX0.6% of the fund-4%
- CaterpillarCAT0.5% of the fund-2%
- Cisco SystemsCSCO0.5% of the fund-3%
- MastercardMA0.5% of the fund-3%
- KLAKLAC0.4% of the fund-8%
- General ElectricGE0.4% of the fund-5%
- MerckMRK0.3% of the fund-3%
- Coca-ColaKO0.3% of the fund-5%
- GE VernovaGEV0.3% of the fund-7%
- ChevronCVX0.3% of the fund-4%
- Goldman Sachs GroupGS0.3% of the fund-3%
- ARK ETF TRARKK0.3% of the fund-37%
- Palo Alto NetworksPANW0.3% of the fund-8%
- Palantir TechnologiesPLTR0.3% of the fund-6%
- Wells Fargo & CompanyWFC0.3% of the fund-3%
- Morgan StanleyMS0.3% of the fund-8%
- CitigroupC0.3% of the fund-5%
- Western DigitalWDC0.3% of the fund-11%
- Seagate Technology HoldingsSTX0.2% of the fund-10%
- CorningGLW0.2% of the fund-3%
- Liberty MediaFWONA0.2% of the fund-8%
- CrowdStrike HoldingsCRWD0.2% of the fund-2%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- Ishares TREMB-100%
- Carnival PLC ADS-100%
- Ishares TRHYG-100%
- Vanguard Scottsdale FDSVCSH-100%
- Carnival-100%
- Coterra EnergyCTRA-100%
- DuPont de NemoursDD-100%
- Global X FDSARGT-100%
- Hologic-100%
- Ishares TREPOL-100%
- Guardant Health-100%
- Brookfield Business Partners L.P.BBUC-100%
- MKS-100%
- Thomson Reuters-100%
- Ascendis Pharma A/S-100%
- ON Semiconductor-100%
- Centerpoint Energy-100%
- Cloudflare-100%
- Riot Platforms-100%
- Kraneshares TrustKWEB-100%
- Apellis Pharmaceuticals-100%
- Soleno Therapeutics-100%
- Sea-100%
- Conmed-100%
Holdings
- Invesco Exchange Traded FD TRSP
- Share
- 3.2%
- Value
- $1.6bn
- Shares
- 7,468,879
+13%
- Harbor ETF TrustHAPI
- Share
- 0.9%
- Value
- $438m
- Shares
- 9,871,200
Held
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.9%
- Value
- $426m
- Shares
- 569
-10%
- Invesco Exch Traded FD TR IIBKLN
- Share
- 0.6%
- Value
- $289m
- Shares
- 14,170,000
+207%
- Ishares TRISTB
- Share
- 0.5%
- Value
- $268m
- Shares
- 5,549,725
+2%
- Ishares TREEM
- Share
- 0.3%
- Value
- $170m
- Shares
- 2,480,428
Held
- Harbor ETF TrustHAPS
- Share
- 0.3%
- Value
- $170m
- Shares
- 4,520,000
Held
- ARK ETF TRARKK
- Share
- 0.3%
- Value
- $149m
- Shares
- 1,849,057
-37%
- Harbor ETF TrustEFFE
- Share
- 0.3%
- Value
- $141m
- Shares
- 5,140,000
Held
- Harbor ETF TrustEFFI
- Share
- 0.3%
- Value
- $139m
- Shares
- 5,500,000
Held
- Petroleo Brasileiro S APBR-A
- Share
- 0.3%
- Value
- $134m
- Shares
- 9,125,782
+675%
- Simplify Exchange Traded FUNCCOM
- Share
- 0.2%
- Value
- $101m
- Shares
- 4,202,200
Held
- Royal Bank of CanadaRY
- Share
- 0.2%
- Value
- $91m
- Shares
- 440,281
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 5.0% | $2.5bn | 12,328,989 | -5% |
| AppleAAPL | 4.6% | $2.3bn | 7,830,625 | Held |
| Invesco Exchange Traded FD TRSP | 3.2% | $1.6bn | 7,468,879 | +13% |
| MicrosoftMSFT | 2.8% | $1.4bn | 3,767,812 | Held |
| Amazon.comAMZN | 2.5% | $1.2bn | 5,164,201 | Held |
| AlphabetGOOGL | 2.2% | $1.1bn | 3,105,936 | Held |
| AlphabetGOOG | 2.2% | $1.1bn | 3,114,324 | +20% |
| BroadcomAVGO | 1.8% | $913m | 2,417,133 | Held |
| Micron TechnologyMU | 1.4% | $694m | 601,531 | Held |
| Meta PlatformsMETA | 1.3% | $660m | 1,171,368 | Held |
| TeslaTSLA | 1.3% | $631m | 1,501,177 | Held |
| HeicoHEI-A | 1.1% | $546m | 2,118,107 | +48% |
| Eli LillyLLY | 1.0% | $514m | 428,209 | Held |
| Advanced Micro DevicesAMD | 1.0% | $506m | 871,173 | Held |
| JPMorgan ChaseJPM | 0.9% | $468m | 1,430,418 | Held |
| Harbor ETF TrustHAPI | 0.9% | $438m | 9,871,200 | Held |
| Berkshire Hathaway INC DELBRK-A | 0.9% | $426m | 569 | -10% |
| Berkshire HathawayBRK-B | 0.8% | $374m | 747,711 | Held |
| FoxFOX | 0.8% | $374m | 7,982,174 | +2% |
| IntelINTC | 0.7% | $333m | 2,384,964 | -8% |
| Johnson & JohnsonJNJ | 0.7% | $326m | 1,284,259 | Held |
| VisaV | 0.6% | $308m | 896,404 | Held |
| Applied MaterialsAMAT | 0.6% | $306m | 423,289 | Held |
| ExxonMobil HoldingsXOM | 0.6% | $303m | 2,216,423 | Held |
| Lam ResearchLRCX | 0.6% | $297m | 686,377 | -4% |
| Invesco Exch Traded FD TR IIBKLN | 0.6% | $289m | 14,170,000 | +207% |
| Ishares TRISTB | 0.5% | $268m | 5,549,725 | +2% |
| WalmartWMT | 0.5% | $265m | 2,338,988 | Held |
| CaterpillarCAT | 0.5% | $264m | 248,082 | -2% |
| Cisco SystemsCSCO | 0.5% | $250m | 2,129,342 | -3% |
| AbbVieABBV | 0.5% | $237m | 943,411 | Held |
| MastercardMA | 0.5% | $229m | 445,731 | -3% |
| Costco WholesaleCOST | 0.4% | $221m | 236,660 | Held |
| KLAKLAC | 0.4% | $211m | 699,073 | -8% |
| General ElectricGE | 0.4% | $209m | 557,982 | -5% |
| Bank of AmericaBAC | 0.4% | $208m | 3,651,625 | Held |
| SandiskSNDK | 0.4% | $206m | 90,739 | +2% |
| UnitedHealth GroupUNH | 0.4% | $201m | 484,304 | Held |
| NewsNWSA | 0.4% | $190m | 7,648,820 | Held |
| Home DepotHD | 0.4% | $187m | 531,495 | Held |
| Procter & GamblePG | 0.4% | $182m | 1,239,490 | Held |
| Ishares TREEM | 0.3% | $170m | 2,480,428 | Held |
| Harbor ETF TrustHAPS | 0.3% | $170m | 4,520,000 | Held |
| MerckMRK | 0.3% | $169m | 1,318,963 | -3% |
| Coca-ColaKO | 0.3% | $169m | 2,084,840 | -5% |
| GE VernovaGEV | 0.3% | $169m | 144,196 | -7% |
| ChevronCVX | 0.3% | $163m | 986,154 | -4% |
| NetflixNFLX | 0.3% | $162m | 2,261,921 | Held |
| Goldman Sachs GroupGS | 0.3% | $159m | 157,357 | -3% |
| Philip Morris InternationalPM | 0.3% | $150m | 831,420 | Held |
| ARK ETF TRARKK | 0.3% | $149m | 1,849,057 | -37% |
| Palo Alto NetworksPANW | 0.3% | $148m | 432,689 | -8% |
| Texas InstrumentsTXN | 0.3% | $145m | 485,664 | Held |
| Marvell TechnologyMRVL | 0.3% | $142m | 478,038 | +8% |
| Harbor ETF TrustEFFE | 0.3% | $141m | 5,140,000 | Held |
| International Business MachinesIBM | 0.3% | $141m | 500,555 | Held |
| Harbor ETF TrustEFFI | 0.3% | $139m | 5,500,000 | Held |
| RTXRTX | 0.3% | $136m | 717,946 | Held |
| Palantir TechnologiesPLTR | 0.3% | $136m | 1,163,405 | -6% |
| Wells Fargo & CompanyWFC | 0.3% | $135m | 1,634,786 | -3% |
| OracleORCL | 0.3% | $135m | 920,104 | Held |
| Petroleo Brasileiro S APBR-A | 0.3% | $134m | 9,125,782 | +675% |
| Morgan StanleyMS | 0.3% | $133m | 635,124 | -8% |
| CitigroupC | 0.3% | $130m | 931,609 | -5% |
| LindeLIN | 0.3% | $128m | 247,115 | Held |
| Western DigitalWDC | 0.3% | $126m | 197,420 | -11% |
| Seagate Technology HoldingsSTX | 0.2% | $119m | 123,388 | -10% |
| AmphenolAPH | 0.2% | $116m | 656,077 | Held |
| Zillow GroupZ | 0.2% | $112m | 3,545,882 | +71% |
| CorningGLW | 0.2% | $108m | 423,892 | -3% |
| QualcommQCOM | 0.2% | $106m | 573,504 | Held |
| Liberty MediaFWONA | 0.2% | $105m | 1,195,287 | -8% |
| AmgenAMGN | 0.2% | $104m | 287,659 | Held |
| Analog DevicesADI | 0.2% | $103m | 260,436 | Held |
| McDonald'sMCD | 0.2% | $102m | 378,797 | Held |
| Simplify Exchange Traded FUNCCOM | 0.2% | $101m | 4,202,200 | Held |
| CrowdStrike HoldingsCRWD | 0.2% | $101m | 131,830 | -2% |
| PepsiCoPEP | 0.2% | $101m | 743,002 | Held |
| Thermo Fisher ScientificTMO | 0.2% | $99m | 198,373 | -4% |
| NextEra EnergyNEE | 0.2% | $98m | 1,112,404 | Held |
| Arista NetworksANET | 0.2% | $97m | 569,429 | Held |
| TJX CompaniesTJX | 0.2% | $96m | 633,978 | +7% |
| American ExpressAXP | 0.2% | $96m | 283,762 | -4% |
| Verizon CommunicationsVZ | 0.2% | $94m | 2,229,098 | Held |
| Royal Bank of CanadaRY | 0.2% | $91m | 440,281 | Held |
| Walt DisneyDIS | 0.2% | $91m | 944,921 | -3% |
| AstrazenecaAZN | 0.2% | $89m | 475,058 | -5% |
| EatonETN | 0.2% | $88m | 207,029 | Held |
| BoeingBA | 0.2% | $86m | 398,945 | -5% |
| Union PacificUNP | 0.2% | $86m | 316,893 | Held |
| WelltowerWELL | 0.2% | $85m | 375,940 | Held |
| Abbott LaboratoriesABT | 0.2% | $84m | 929,695 | Held |
| AT&TT | 0.2% | $84m | 4,063,966 | +2% |
| Gilead SciencesGILD | 0.2% | $84m | 662,319 | -2% |
| Charles SchwabSCHW | 0.2% | $82m | 892,865 | -4% |
| DeereDE | 0.2% | $82m | 129,832 | -6% |
| Intuitive SurgicalISRG | 0.2% | $78m | 195,875 | Held |
| BlackRockBLK | 0.2% | $76m | 79,365 | Held |
| CVS HealthCVS | 0.2% | $76m | 733,126 | Held |
| Booking HoldingsBKNG | 0.2% | $75m | 417,978 | -3% |
Showing the largest 100 of 2,527.
Options (2)
- Wendy'sWEN
- Type
- Call
- Value
- $994,800
- Contracts
- 120,000
- Jetblue AirwaysJBLU
- Type
- Call
- Value
- $802,200
- Contracts
- 140,000
| Company | Type | Value | Contracts |
|---|---|---|---|
| Wendy'sWEN | Call | $994,800 | 120,000 |
| Jetblue AirwaysJBLU | Call | $802,200 | 140,000 |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 21.2% since 30 June 2025.
Where the money is
Technology28.9%
Financial services11.1%
Industrials10.2%
Media & telecom9.1%
Retail & consumer8.4%
Health care8.2%
Everyday goods3.7%
Energy3.0%
Real estate2.2%
Materials2.2%
Utilities2.1%
Other10.8%
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.