State of Tennessee, Department of Treasury’s Belden BDC Stock Holding History

State of Tennessee, Department of Treasury’s Portfolio BDC Stock Details BDC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$1.7M	Buy	14,843 +2,849	+24%	+$359K	0.01%	999
2025 Q4	$1.41M	Sell	11,994 -513	-4%	-$59.8K	﹤0.01%	1070
2025 Q3	$1.5M	Buy	12,507 +3,760	+43%	+$473K	0.01%	1030
2025 Q2	$1.01M	Sell	8,747 -5,718	-40%	-$601K	﹤0.01%	1159
2025 Q1	$1.45M	Hold	14,465	–	–	0.01%	1017
2024 Q4	$1.63M	Sell	14,465 -408	-3%	-$48.7K	0.01%	999
2024 Q3	$1.74M	Hold	14,873	–	–	0.01%	977
2024 Q2	$1.4M	Hold	14,873	–	–	0.01%	1010
2024 Q1	$1.38M	Hold	14,873	–	–	0.01%	1005
2023 Q4	$1.15M	Buy	+14,873	New	+$1.11M	﹤0.01%	1120
2023 Q3	–	Sell	-22,681	Closed	-$2.17M	–	1612
2023 Q2	$2.17M	Sell	22,681 -25,535	-53%	-$2.19M	0.01%	825
2023 Q1	$4.18M	Sell	48,216 -30,533	-39%	-$2.53M	0.02%	535
2022 Q4	$5.66M	Hold	78,749	–	–	0.03%	440
2022 Q3	$4.73M	Buy	78,749 +5,684	+8%	+$362K	0.02%	493
2022 Q2	$3.89M	Hold	73,065	–	–	0.02%	549
2022 Q1	$4.05M	Sell	73,065 -10,000	-12%	-$576K	0.02%	610
2021 Q4	$5.46M	Buy	83,065 +20,000	+32%	+$1.25M	0.02%	525
2021 Q3	$3.67M	Buy	63,065 +36,015	+133%	+$1.93M	0.01%	649
2021 Q2	$1.37M	Sell	27,050 -20,000	-43%	-$978K	0.01%	1041
2021 Q1	$2.09M	Sell	47,050 -47,209	-50%	-$2.15M	0.01%	840
2020 Q4	$3.95M	Buy	94,259 +4,259	+5%	+$157K	0.02%	587
2020 Q3	$2.8M	Buy	90,000 +30,000	+50%	+$989K	0.01%	627
2020 Q2	$1.95M	Buy	+60,000	New	+$2M	0.01%	728
2019 Q3	–	Sell	-24,038	Closed	-$1.43M	–	1592
2019 Q2	$1.43M	Sell	24,038 -34,905	-59%	-$2M	0.01%	892
2019 Q1	$3.17M	Sell	58,943 -40,000	-40%	-$2.19M	0.02%	679
2018 Q4	$4.13M	Sell	98,943 -8,033	-8%	-$437K	0.02%	545
2018 Q3	$7.64M	Sell	106,976 -23,024	-18%	-$1.58M	0.04%	407
2018 Q2	$7.95M	Buy	130,000 +20,000	+18%	+$1.23M	0.04%	384
2018 Q1	$7.58M	Buy	110,000 +20,000	+22%	+$1.54M	0.04%	423
2017 Q4	$6.95M	Hold	90,000	–	–	0.03%	471
2017 Q3	$7.25M	Buy	90,000 +10,000	+13%	+$756K	0.04%	427
2017 Q2	$6.03M	Buy	80,000 +50,000	+167%	+$3.57M	0.03%	500
2017 Q1	$2.08M	Hold	30,000	–	–	0.01%	862
2016 Q4	$2.24M	Sell	30,000 -30,000	-50%	-$2.14M	0.01%	797
2016 Q3	$4.14M	Sell	60,000 -10,000	-14%	-$695K	0.02%	615
2016 Q2	$4.23M	Sell	70,000 -20,000	-22%	-$1.25M	0.02%	554
2016 Q1	$5.52M	Buy	+90,000	New	+$4.44M	0.03%	471
2015 Q4	–	Sell	-50,000	Closed	-$2.33M	–	1433
2015 Q3	$2.33M	Hold	50,000	–	–	0.01%	652
2015 Q2	$4.06M	Buy	+50,000	New	+$4.38M	0.02%	554
2014 Q2	–	Sell	-39,200	Closed	-$2.73M	–	1313
2014 Q1	$2.73M	Sell	39,200 -6,300	-14%	-$437K	0.02%	618
2013 Q4	$3.21M	Sell	45,500 -1,200	-3%	-$81.2K	0.02%	632
2013 Q3	$2.99M	Buy	+46,700	New	+$2.74M	0.02%	650

Other funds holding BDC

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Fuller & Thaler Asset Management San Mateo, California $36.7B AUM 74.15% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

State of Tennessee, Department of Treasury's BDC Position: Q1 2026 in Review

State of Tennessee, Department of Treasury increased its Belden (BDC) stake by 24% in Q1 2026, buying an estimated $359K and bringing the position to 14,843 shares worth $1.7M. The position accounts for 0.01% of the portfolio, ranked #999.

State of Tennessee, Department of Treasury first reported a position in BDC in Q3 2013 and has held it in 42 quarters since. The position peaked at $7.95M in Q2 2018. 383 funds tracked by Wall St. Rank hold BDC as of Q1 2026.

State of Tennessee, Department of Treasury held 14,843 shares of Belden worth $1.7M as of Q1 2026.
State of Tennessee, Department of Treasury bought 2,849 Belden shares in Q1 2026, an estimated $359K.
Belden made up 0.01% of State of Tennessee, Department of Treasury's portfolio in Q1 2026, its #999 holding.
State of Tennessee, Department of Treasury first reported a position in Belden in Q3 2013 and has held it in 42 quarters since.
State of Tennessee, Department of Treasury's Belden position peaked at $7.95M in Q2 2018.
383 funds tracked by Wall St. Rank held Belden as of Q1 2026.

Based on State of Tennessee, Department of Treasury's 13F filing for Q1 2026, filed 15 May 2026.