We are live on ! Find out more
NDSIB

North Dakota State Investment Board Portfolio holdings

AUM $2.46B
This Fund
S&P 500
This Quarter Est. Return
-1.6%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$2.31B
AUM Growth
-$375M
Cap. Flow
-$283M
Cap. Flow %
-12.23%
Top 10 Hldgs %
41.31%
Holding
833
New
7
Increased
6
Reduced
734
Closed
81

Top Buys

Rank Stock Value
1
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$70.6M
2
IGSB icon
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
+$17.7M
3
WAT icon
Waters Corp
WAT
+$273K
4
DAR icon
Darling Ingredients
DAR
+$225K
5
ESI icon
Element Solutions
ESI
+$206K

Top Sells

Rank Stock Value
1
NVDA icon
NVIDIA
NVDA
+$22.7M
2
AAPL icon
Apple
AAPL
+$20.1M
3
MSFT icon
Microsoft
MSFT
+$16.5M
4
IVV icon
iShares Core S&P 500 ETF
IVV
+$16.3M
5
AMZN icon
Amazon
AMZN
+$11.2M

Sector Composition

Rank Sector Weight
1 Technology 24.23%
2 Financials 9.28%
3 Consumer Discretionary 7.93%
4 Communication Services 7.78%
5 Healthcare 7.43%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BXP icon
676
Boston Properties
BXP
$10.8B
$240K 0.01%
4,630
-812
-15% -$48.9K
CGNX icon
677
Cognex
CGNX
$10.2B
$240K 0.01%
4,905
-1,074
-18% -$50.1K
CHRD icon
678
Chord Energy
CHRD
$7.53B
$238K 0.01%
+1,677
New +$183K
CFR icon
679
Cullen/Frost Bankers
CFR
$10.4B
$238K 0.01%
1,738
-355
-17% -$49K
FDS icon
680
Factset
FDS
$9.89B
$237K 0.01%
1,094
-212
-16% -$49.5K
COLB icon
681
Columbia Banking Systems
COLB
$9.12B
$237K 0.01%
8,651
-1,729
-17% -$50K
PRI icon
682
Primerica
PRI
$9.57B
$236K 0.01%
943
-218
-19% -$56.2K
CAVA icon
683
CAVA Group
CAVA
$8.09B
$236K 0.01%
2,917
-633
-18% -$46.2K
TECH icon
684
Bio-Techne
TECH
$11.3B
$236K 0.01%
4,515
-863
-16% -$51.8K
MOS icon
685
The Mosaic Company
MOS
$7.18B
$235K 0.01%
9,224
-1,595
-15% -$43.7K
R icon
686
Ryder
R
$10.1B
$235K 0.01%
1,148
-257
-18% -$52K
SEIC icon
687
SEI Investments
SEIC
$12.7B
$235K 0.01%
2,991
-707
-19% -$58.2K
MASI
688
DELISTED
Masimo
MASI
$234K 0.01%
1,318
-284
-18% -$44.6K
MANH icon
689
Manhattan Associates
MANH
$11.2B
$233K 0.01%
1,752
-365
-17% -$54.7K
ARE icon
690
Alexandria Real Estate Equities
ARE
$8.27B
$233K 0.01%
5,014
-883
-15% -$46.6K
SWKS icon
691
Skyworks Solutions
SWKS
$10.5B
$232K 0.01%
4,330
-827
-16% -$48.1K
VNOM icon
692
Viper Energy
VNOM
$15.2B
$232K 0.01%
4,934
-1,012
-17% -$43.4K
FOX icon
693
Fox Class B
FOX
$23.5B
$232K 0.01%
4,360
-756
-15% -$43.6K
TTEK icon
694
Tetra Tech
TTEK
$9.09B
$231K 0.01%
7,675
-1,610
-17% -$56.9K
NNN icon
695
NNN REIT
NNN
$8.79B
$230K 0.01%
5,466
-1,101
-17% -$47.4K
UGI icon
696
UGI
UGI
$7.53B
$229K 0.01%
6,286
-1,307
-17% -$49.2K
VMI icon
697
Valmont Industries
VMI
$9.52B
$227K 0.01%
569
-128
-18% -$55.9K
HLI icon
698
Houlihan Lokey
HLI
$8.63B
$227K 0.01%
1,581
-333
-17% -$54.8K
WYNN icon
699
Wynn Resorts
WYNN
$10.6B
$226K 0.01%
2,230
-598
-21% -$65.4K
HSIC icon
700
Henry Schein
HSIC
$10.1B
$226K 0.01%
3,060
-645
-17% -$49.8K
26 27
28
29 30

Similar funds

M
Mirova Paris, France $2.46B AUM 11.42% 1-Year Est. Return
TW
Trajan Wealth Scottsdale, Arizona $2.48B AUM 17.44% 1-Year Est. Return
SG
Sourcerock Group Denver, Colorado $2.48B AUM 72.25% 1-Year Est. Return
FFA
First Foundation Advisors Irvine, California $2.48B AUM 18.56% 1-Year Est. Return
KFA
Krane Funds Advisors New York $2.44B AUM 12.99% 1-Year Est. Return
Q
QVR San Francisco, California $2.49B AUM 48.58% 1-Year Est. Return
PUI
Purpose Unlimited Inc Toronto $2.42B AUM
VF
Virtu Financial New York $2.41B AUM 48.35% 1-Year Est. Return

North Dakota State Investment Board's Q1 2026 Portfolio in Review

As of Q1 2026, North Dakota State Investment Board held 833 positions worth $2.31B, down 14% from $2.69B the previous quarter. Its ten largest holdings account for 41% of the portfolio.

North Dakota State Investment Board withdrew a net $283M in Q1 2026, closing 81 positions and reducing 734 holdings. Its most notable exit was Exact Sciences, an estimated $1.62M position sold in full.

By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 27% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, North Dakota State Investment Board opened a new position in iShares 1-5 Year Investment Grade Corporate Bond ETF worth $17.6M.

  • North Dakota State Investment Board's largest Q1 2026 buy was iShares 1-5 Year Investment Grade Corporate Bond ETF: 335,337 shares worth $17.6M.
  • North Dakota State Investment Board added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q1 2026, an estimated $70.6M increase.
  • North Dakota State Investment Board's biggest Q1 2026 reduction was NVIDIA, cutting an estimated $22.7M.
  • North Dakota State Investment Board fully exited Exact Sciences in Q1 2026, selling an estimated $1.62M.
  • North Dakota State Investment Board's ten largest holdings make up 41% of its $2.31B portfolio in Q1 2026.
  • North Dakota State Investment Board opened 7 new positions and closed 81 in Q1 2026.
  • North Dakota State Investment Board's portfolio value fell 14% quarter-over-quarter to $2.31B.

Based on North Dakota State Investment Board's 13F filing for Q1 2026, filed 8 May 2026.