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NDSIB
North Dakota State Investment Board Portfolio holdings
AUM
$2.46B
This Fund
S&P 500
This Quarter
Est. Return
+3.42%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$2.69B
AUM Growth
–
Cap. Flow
+$2.67B
Cap. Flow
% of AUM
99.25%
Top 10 Holdings %
Top 10 Hldgs %
39.78%
Holding
826
New
826
Increased
–
Reduced
–
Closed
–
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Broad USD Investment Grade Corporate Bond ETF
USIG
|
+$273M |
| 2 |
NVIDIA
NVDA
|
+$149M |
| 3 |
Apple
AAPL
|
+$134M |
| 4 |
Microsoft
MSFT
|
+$127M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$92.5M |
Top Sells
No sells this quarter
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.16% |
| 2 | Financials | 10.73% |
| 3 | Consumer Discretionary | 9.06% |
| 4 | Communication Services | 8.67% |
| 5 | Healthcare | 8.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Xylem
XYL
$26.6B
| $1.14M | 0.04% |
+8,345
| New | +$1.2M |
|
|
GRMN
327
Garmin
GRMN
$55.5B
| $1.13M | 0.04% |
+5,589
| New | +$1.22M |
|
328
Carnival Corporation Ltd
CCL
$35.2B
| $1.13M | 0.04% |
+37,063
| New | +$1.03M |
|
|
SNDK
329
Sandisk
SNDK
$220B
| $1.13M | 0.04% |
+4,748
| New | +$951K |
|
330
Kenvue
KVUE
$37.1B
| $1.12M | 0.04% |
+65,152
| New | +$1.07M |
|
331
Ralph Lauren
RL
$21.4B
| $1.11M | 0.04% |
+3,137
| New | +$1.07M |
|
332
Willis Towers Watson
WTW
$32.1B
| $1.1M | 0.04% |
+3,354
| New | +$1.1M |
|
333
Ingersoll Rand
IR
$31.2B
| $1.1M | 0.04% |
+13,879
| New | +$1.1M |
|
334
M&T Bank
MTB
$34.9B
| $1.08M | 0.04% |
+5,369
| New | +$1.03M |
|
335
Hewlett Packard
HPE
$71.8B
| $1.08M | 0.04% |
+44,968
| New | +$1.06M |
|
336
Verisk Analytics
VRSK
$24.3B
| $1.07M | 0.04% |
+4,800
| New | +$1.08M |
|
337
Ares Management
ARES
$32.3B
| $1.07M | 0.04% |
+6,625
| New | +$1.03M |
|
|
FITB
338
Fifth Third Bancorp
FITB
$50.2B
| $1.07M | 0.04% |
+22,841
| New | +$1.01M |
|
339
Teradyne
TER
$56.6B
| $1.07M | 0.04% |
+5,517
| New | +$947K |
|
340
Synchrony
SYF
$26.1B
| $1.06M | 0.04% |
+12,751
| New | +$975K |
|
341
NetApp
NTAP
$37.6B
| $1.06M | 0.04% |
+9,926
| New | +$1.13M |
|
342
Natera
NTRA
$48.6B
| $1.05M | 0.04% |
+4,572
| New | +$954K |
|
343
SoFi Technologies
SOFI
$24.3B
| $1.04M | 0.04% |
+39,877
| New | +$1.11M |
|
344
NRG Energy
NRG
$24.2B
| $1.04M | 0.04% |
+6,521
| New | +$1.08M |
|
345
VICI Properties
VICI
$28.8B
| $1.02M | 0.04% |
+36,210
| New | +$1.08M |
|
346
Rocket Lab Corp
RKLB
$42.5B
| $1.02M | 0.04% |
+14,566
| New | +$835K |
|
347
Jabil
JBL
$32.6B
| $1.01M | 0.04% |
+4,427
| New | +$944K |
|
348
Raymond James Financial
RJF
$33.9B
| $1.01M | 0.04% |
+6,274
| New | +$1.01M |
|
349
Old Dominion Freight Line
ODFL
$41.3B
| $1M | 0.04% |
+6,392
| New | +$916K |
|
350
LPL Financial
LPLA
$28.2B
| $1M | 0.04% |
+2,806
| New | +$992K |
|
Similar funds
MAMU
RG
CAG
SWA
SGAM
BHIA
PC
SQA
North Dakota State Investment Board's Q4 2025 Portfolio in Review
Q4 2025 is the first quarter with a 13F filing on record for North Dakota State Investment Board, which disclosed 826 positions worth $2.69B. Its ten largest holdings account for 40% of the portfolio.
Its largest position is iShares Broad USD Investment Grade Corporate Bond ETF: 5,241,476 shares worth $271M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, followed by Financials and Consumer Discretionary.
- North Dakota State Investment Board's largest Q4 2025 buy was iShares Broad USD Investment Grade Corporate Bond ETF: 5,241,476 shares worth $271M.
- North Dakota State Investment Board's ten largest holdings make up 40% of its $2.69B portfolio in Q4 2025.
- North Dakota State Investment Board disclosed 826 positions in Q4 2025, its first 13F filing on record.
Based on North Dakota State Investment Board's 13F filing for Q4 2025, filed 5 Feb 2026.