We are live on
!
Find out more
State of Tennessee, Department of Treasury Portfolio holdings
AUM
$29.8B
1-Year Est. Return
29.48%
This Fund
S&P 500
This Quarter
Est. Return
-11.86%
1 Year Est. Return
+29.48%
3 Year Est. Return
+87.58%
5 Year Est. Return
+114.9%
10 Year Est. Return
+444.03%
AUM
$18.3B
AUM Growth
-$2.24B
(-11%)
Cap. Flow
+$606M
Cap. Flow
% of AUM
3.3%
Top 10 Holdings %
Top 10 Hldgs %
18.13%
Holding
1,660
New
81
Increased
925
Reduced
519
Closed
95
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Merck
MRK
|
+$105M |
| 2 |
Verizon
VZ
|
+$93.1M |
| 3 |
Cigna
CI
|
+$65M |
| 4 |
Baxter International
BAX
|
+$51.6M |
| 5 |
3M
MMM
|
+$50.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$91.6M |
| 2 |
PX
Praxair Inc
PX
|
+$81.6M |
| 3 |
Medtronic
MDT
|
+$75.1M |
| 4 |
AT&T
T
|
+$64.2M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$59.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.55% |
| 2 | Financials | 13.41% |
| 3 | Healthcare | 12.79% |
| 4 | Industrials | 8.7% |
| 5 | Consumer Discretionary | 7.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Hormel Foods
HRL
$13.5B
| $4.37M | 0.02% |
102,323
+9,961
| +11% | +$429K |
|
527
Cadence Design Systems
CDNS
$89.6B
| $4.36M | 0.02% |
100,256
+37,126
| +59% | +$1.61M |
|
528
Ovintiv
OVV
$17.5B
| $4.35M | 0.02% |
150,784
-2,408
| -2% | -$104K |
|
|
MRO
529
DELISTED
Marathon Oil Corporation
MRO
| $4.33M | 0.02% |
302,303
-385,550
| -56% | -$6.88M |
|
530
Everest Group
EG
$14.1B
| $4.29M | 0.02% |
19,704
+10,585
| +116% | +$2.31M |
|
531
Best Buy
BBY
$18.3B
| $4.27M | 0.02% |
80,638
-24,560
| -23% | -$1.6M |
|
532
Corpay
CPAY
$27.5B
| $4.27M | 0.02% |
22,980
-9,822
| -30% | -$1.92M |
|
533
American Water Works
AWK
$27.1B
| $4.25M | 0.02% |
46,801
+6,510
| +16% | +$594K |
|
534
Weyerhaeuser
WY
$17.7B
| $4.24M | 0.02% |
194,152
-171,959
| -47% | -$4.58M |
|
535
International Paper
IP
$21.5B
| $4.24M | 0.02% |
110,839
+14,455
| +15% | +$607K |
|
536
Aptiv
APTV
$10.2B
| $4.2M | 0.02% |
68,278
+9,181
| +16% | +$665K |
|
|
BCPC
537
Balchem Corp
BCPC
$5.66B
| $4.2M | 0.02% |
53,630
+785
| +1% | +$70.9K |
|
538
InterDigital
IDCC
$8.94B
| $4.2M | 0.02% |
63,189
-44,252
| -41% | -$3.22M |
|
|
Y
539
DELISTED
Alleghany Corp
Y
| $4.19M | 0.02% |
6,725
+134
| +2% | +$82.5K |
|
|
EV
540
DELISTED
Eaton Vance Corp.
EV
| $4.18M | 0.02% |
118,873
-59,777
| -33% | -$2.53M |
|
541
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $4.15M | 0.02% |
+82,400
| New | +$4.18M |
|
542
Take-Two Interactive
TTWO
$46.3B
| $4.14M | 0.02% |
40,267
+6,385
| +19% | +$735K |
|
543
Rayonier
RYN
$6.51B
| $4.14M | 0.02% |
164,762
+3,275
| +2% | +$90.8K |
|
544
Belden
BDC
$5.3B
| $4.13M | 0.02% |
98,943
-8,033
| -8% | -$437K |
|
545
Hartford Financial Services
HIG
$37.8B
| $4.13M | 0.02% |
92,964
-24,545
| -21% | -$1.1M |
|
546
PTC
PTC
$16.4B
| $4.13M | 0.02% |
49,827
+990
| +2% | +$86.9K |
|
547
Macerich
MAC
$7.02B
| $4.12M | 0.02% |
95,169
+15,564
| +20% | +$770K |
|
548
Methanex
MEOH
$4.32B
| $4.11M | 0.02% |
+85,400
| New | +$5.33M |
|
549
VeriSign
VRSN
$25.7B
| $4.09M | 0.02% |
27,568
-6,072
| -18% | -$911K |
|
550
Tyson Foods
TSN
$20.5B
| $4.08M | 0.02% |
76,474
+10,417
| +16% | +$612K |
|
Similar funds
PCH
N
State of Tennessee, Department of Treasury's Q4 2018 Portfolio in Review
As of Q4 2018, State of Tennessee, Department of Treasury held 1,660 positions worth $18.3B, down 11% from $20.6B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
State of Tennessee, Department of Treasury deployed $606M of net new capital in Q4 2018, opening 81 new positions and adding to 925 existing holdings. Its largest new stake was iShares Biotechnology ETF: 422,400 shares worth $40.7M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 16% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Medtronic, an estimated $75.1M trimmed.
- State of Tennessee, Department of Treasury's largest Q4 2018 buy was iShares Biotechnology ETF: 422,400 shares worth $40.7M.
- State of Tennessee, Department of Treasury added most to Merck in Q4 2018, an estimated $105M increase.
- State of Tennessee, Department of Treasury's biggest Q4 2018 reduction was Medtronic, cutting an estimated $75.1M.
- State of Tennessee, Department of Treasury fully exited Royal Bank of Canada in Q4 2018, selling an estimated $91.6M.
- State of Tennessee, Department of Treasury's ten largest holdings make up 18% of its $18.3B portfolio in Q4 2018.
- State of Tennessee, Department of Treasury opened 81 new positions and closed 95 in Q4 2018.
- State of Tennessee, Department of Treasury's portfolio value fell 11% quarter-over-quarter to $18.3B.
Based on State of Tennessee, Department of Treasury's 13F filing for Q4 2018, filed 11 Feb 2019.