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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
CLVT icon
751
Clarivate
CLVT
$1.19B
$27.7K ﹤0.01%
10,965
-1,582
-13% -$4.05K
COTY icon
752
Coty
COTY
$2.43B
$20.7K ﹤0.01%
10,311
-1,717
-14% -$4.62K
AL
753
DELISTED
Air Lease Corp
AL
– –
-3,686
Closed -$237K
ALK icon
754
Alaska Air
ALK
$5.29B
– –
-4,062
Closed -$204K
AMCR icon
755
Amcor
AMCR
$21.5B
– –
-15,808
Closed -$659K
AN icon
756
AutoNation
AN
$6.9B
– –
-971
Closed -$200K
AXTA icon
757
Axalta
AXTA
$7.98B
– –
-7,719
Closed -$249K
BFAM icon
758
Bright Horizons
BFAM
$3.76B
– –
-2,018
Closed -$205K
BIO icon
759
Bio-Rad Laboratories Class A
BIO
$9.68B
– –
-664
Closed -$201K
BROS icon
760
Dutch Bros
BROS
$8.91B
– –
-4,115
Closed -$252K
BSY icon
761
Bentley Systems
BSY
$10.8B
– –
-5,550
Closed -$212K
CART icon
762
Maplebear
CART
$11.2B
– –
-6,129
Closed -$276K
CBSH icon
763
Commerce Bancshares
CBSH
$8.56B
– –
-4,566
Closed -$239K
CELH icon
764
Celsius Holdings
CELH
$6.99B
– –
-5,808
Closed -$266K
CFLT
765
DELISTED
Confluent
CFLT
– –
-9,820
Closed -$297K
CHDN icon
766
Churchill Downs
CHDN
$6.17B
– –
-2,225
Closed -$253K
CHE icon
767
Chemed
CHE
$7.07B
– –
-505
Closed -$216K
CMA
768
DELISTED
Comerica
CMA
– –
-4,515
Closed -$392K
COLD icon
769
Americold
COLD
$4.17B
– –
-10,046
Closed -$129K
CRBG icon
770
Corebridge Financial
CRBG
$15.1B
– –
-9,566
Closed -$289K
DOCS icon
771
Doximity
DOCS
$4.45B
– –
-4,648
Closed -$206K
DUOL icon
772
Duolingo
DUOL
$6.3B
– –
-1,328
Closed -$233K
ESAB icon
773
ESAB
ESAB
$5.35B
– –
-2,004
Closed -$224K
ESTC icon
774
Elastic
ESTC
$8.02B
– –
-3,204
Closed -$242K
EXAS
775
DELISTED
Exact Sciences
EXAS
– –
-15,949
Closed -$1.62M
29 30
31
32 33

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.