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NDSIB

North Dakota State Investment Board Portfolio holdings

AUM $2.46B
This Fund
S&P 500
This Quarter Est. Return
+23.55%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$2.46B
AUM Growth
+$150M
Cap. Flow
-$127M
Cap. Flow %
-5.14%
Top 10 Hldgs %
37.06%
Holding
844
New
92
Increased
632
Reduced
101
Closed
18

Top Buys

Rank Stock Value
1
IVV icon
iShares Core S&P 500 ETF
IVV
+$49.1M
2
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$6.16M
3
AGG icon
iShares Core US Aggregate Bond ETF
AGG
+$2.62M
4
BE icon
Bloom Energy
BE
+$2.02M
5
AMZN icon
Amazon
AMZN
+$2.01M

Top Sells

Rank Stock Value
1
USIG icon
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
+$192M
2
SPBO icon
State Street SPDR Portfolio Corporate Bond ETF
SPBO
+$22.5M
3
VTC icon
Vanguard Total Corporate Bond ETF
VTC
+$20.3M
4
IGIB icon
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
+$7.92M
5
HON icon
Honeywell
HON
+$4.16M

Sector Composition

Rank Sector Weight
1 Technology 30.97%
2 Financials 9.71%
3 Consumer Discretionary 8.37%
4 Healthcare 8.09%
5 Industrials 8.03%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NVDA icon
1
NVIDIA
NVDA
$5.16T
$138M 5.59%
687,707
+9,527
+1% +$1.96M
IVV icon
2
iShares Core S&P 500 ETF
IVV
$894B
$135M 5.47%
179,687
+67,396
+60% +$49.1M
LQD icon
3
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33.1B
$127M 5.17%
1,167,864
+56,490
+5% +$6.16M
AAPL icon
4
Apple
AAPL
$4.52T
$123M 5.01%
426,229
+3,781
+0.9% +$1.08M
MSFT icon
5
Microsoft
MSFT
$3.65T
$81.7M 3.32%
219,052
+4,146
+2% +$1.68M
USIG icon
6
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
$17.6B
$76.9M 3.12%
1,499,747
-3,741,729
-71% -$192M
AMZN icon
7
Amazon
AMZN
$2.82T
$68.2M 2.77%
285,975
+8,011
+3% +$2.01M
GOOGL icon
8
Alphabet (Google) Class A
GOOGL
$4.24T
$61.4M 2.49%
171,763
+3,326
+2% +$1.2M
AVGO icon
9
Broadcom
AVGO
$1.7T
$51.9M 2.11%
137,340
+3,516
+3% +$1.41M
GOOG icon
10
Alphabet (Google) Class C
GOOG
$4.2T
$49.5M 2.01%
140,182
+3,034
+2% +$1.08M
MU icon
11
Micron Technology
MU
$1.05T
$38.4M 1.56%
33,224
+848
+3% +$636K
META icon
12
Meta Platforms (Facebook)
META
$1.45T
$36.6M 1.49%
64,930
+1,663
+3% +$1.02M
TSLA icon
13
Tesla
TSLA
$1.38T
$36.2M 1.47%
86,131
+4,370
+5% +$1.74M
LLY icon
14
Eli Lilly
LLY
$1.1T
$28.2M 1.15%
23,539
+325
+1% +$332K
AMD icon
15
Advanced Micro Devices
AMD
$782B
$27.8M 1.13%
47,888
+1,223
+3% +$501K
BRK.B icon
16
Berkshire Hathaway Class B
BRK.B
$1.08T
$27.4M 1.11%
54,845
+1,399
+3% +$673K
JPM icon
17
JPMorgan Chase
JPM
$948B
$25.8M 1.05%
78,820
+102
+0.1% +$31.7K
INTC icon
18
Intel
INTC
$462B
$18.1M 0.73%
129,279
+1,418
+1% +$143K
JNJ icon
19
Johnson & Johnson
JNJ
$658B
$18M 0.73%
71,036
+1,305
+2% +$304K
AMAT icon
20
Applied Materials
AMAT
$381B
$16.9M 0.69%
23,375
+134
+0.6% +$61.8K
XOM icon
21
ExxonMobil
XOM
$661B
$16.8M 0.68%
122,689
+268
+0.2% +$40.1K
V icon
22
Visa
V
$717B
$16.7M 0.68%
48,684
-94
-0.2% -$30.2K
LRCX icon
23
Lam Research
LRCX
$394B
$16M 0.65%
36,844
+462
+1% +$140K
IGSB icon
24
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.4B
$15.6M 0.63%
297,278
-38,059
-11% -$2M
WMT icon
25
Walmart Inc
WMT
$839B
$14.7M 0.6%
129,371
+3,302
+3% +$410K
1
2 3 4 5

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RG
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CAG
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BHIA
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North Dakota State Investment Board's Q2 2026 Portfolio in Review

As of Q2 2026, North Dakota State Investment Board held 844 positions worth $2.46B, up 6.5% from $2.31B the previous quarter. Its ten largest holdings account for 37% of the portfolio.

North Dakota State Investment Board withdrew a net $127M in Q2 2026, closing 18 positions and reducing 101 holdings. Its most notable exit was Honeywell, an estimated $4.16M position sold in full.

By sector, the portfolio is most concentrated in Technology at 31% of assets, up from 24% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, North Dakota State Investment Board opened a new position in iShares Core US Aggregate Bond ETF worth $2.62M.

  • North Dakota State Investment Board's largest Q2 2026 buy was iShares Core US Aggregate Bond ETF: 26,460 shares worth $2.62M.
  • North Dakota State Investment Board added most to iShares Core S&P 500 ETF in Q2 2026, an estimated $49.1M increase.
  • North Dakota State Investment Board's biggest Q2 2026 reduction was iShares Broad USD Investment Grade Corporate Bond ETF, cutting an estimated $192M.
  • North Dakota State Investment Board fully exited Honeywell in Q2 2026, selling an estimated $4.16M.
  • North Dakota State Investment Board's ten largest holdings make up 37% of its $2.46B portfolio in Q2 2026.
  • North Dakota State Investment Board opened 92 new positions and closed 18 in Q2 2026.
  • North Dakota State Investment Board's portfolio value rose 6.5% quarter-over-quarter to $2.46B.

Based on North Dakota State Investment Board's 13F filing for Q2 2026, filed 4 Aug 2026.