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
+13.04%
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
$28B
AUM Growth
+$1.89B
(+7.3%)
Cap. Flow
-$694M
Cap. Flow
% of AUM
-2.48%
Top 10 Holdings %
Top 10 Hldgs %
29.49%
Holding
1,782
New
63
Increased
481
Reduced
719
Closed
60
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Prologis
PLD
|
+$28.9M |
| 2 |
Coinbase
COIN
|
+$16.3M |
| 3 |
Capital One
COF
|
+$16M |
| 4 |
McDonald's
MCD
|
+$15.8M |
| 5 |
iShares Fallen Angels USD Bond ETF
FALN
|
+$15.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MBS ETF
MBB
|
+$233M |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$202M |
| 3 |
NVIDIA
NVDA
|
+$33.5M |
| 4 |
Icon
ICLR
|
+$28.6M |
| 5 |
Microsoft
MSFT
|
+$27.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.16% |
| 2 | Financials | 11.97% |
| 3 | Consumer Discretionary | 8.55% |
| 4 | Industrials | 7.22% |
| 5 | Communication Services | 6.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
EXL Service
EXLS
$5.36B
| $3.54M | 0.01% |
80,759
| – | – |
|
652
National Fuel Gas
NFG
$7.75B
| $3.51M | 0.01% |
41,413
-10,779
| -21% | -$870K |
|
653
Alcoa
AA
$13.1B
| $3.5M | 0.01% |
118,577
-5,400
| -4% | -$146K |
|
654
Badger Meter
BMI
$3.78B
| $3.5M | 0.01% |
14,281
-1,804
| -11% | -$409K |
|
655
Best Buy
BBY
$18B
| $3.5M | 0.01% |
52,104
-1,051
| -2% | -$71.4K |
|
|
PR
656
Permian Resources
PR
$17.7B
| $3.5M | 0.01% |
256,706
| – | – |
|
657
Pinnacle Financial Partners Inc
PNFP
$16.2B
| $3.49M | 0.01% |
31,615
| – | – |
|
658
Fluor
FLR
$7B
| $3.49M | 0.01% |
68,072
| – | – |
|
659
Dycom Industries
DY
$12.3B
| $3.48M | 0.01% |
14,257
+1,442
| +11% | +$284K |
|
660
General Mills
GIS
$20.8B
| $3.48M | 0.01% |
67,210
-52,747
| -44% | -$2.91M |
|
661
Agree Realty
ADC
$9.34B
| $3.47M | 0.01% |
47,515
| – | – |
|
662
HealthEquity
HQY
$8.83B
| $3.45M | 0.01% |
32,954
| – | – |
|
663
Albertsons Companies
ACI
$6.02B
| $3.45M | 0.01% |
160,174
| – | – |
|
664
The Ensign Group
ENSG
$10.6B
| $3.45M | 0.01% |
22,334
| – | – |
|
665
Qorvo
QRVO
$8.68B
| $3.44M | 0.01% |
40,572
| – | – |
|
666
Kyndryl
KD
$3.04B
| $3.44M | 0.01% |
82,024
-10,667
| -12% | -$386K |
|
|
GTLS
667
DELISTED
Chart Industries
GTLS
| $3.43M | 0.01% |
20,845
-2,468
| -11% | -$362K |
|
668
Western Alliance Bancorporation
WAL
$8.92B
| $3.43M | 0.01% |
43,950
| – | – |
|
669
Chewy
CHWY
$9.2B
| $3.42M | 0.01% |
80,354
+22,000
| +38% | +$876K |
|
670
Voya Financial
VOYA
$9.16B
| $3.42M | 0.01% |
48,107
+7,655
| +19% | +$491K |
|
671
Lamar Advertising Co
LAMR
$15.8B
| $3.41M | 0.01% |
28,098
| – | – |
|
672
Qiagen
QGEN
$8.93B
| $3.39M | 0.01% |
70,699
| – | – |
|
673
CRH
CRH
$65B
| $3.39M | 0.01% |
36,952
| – | – |
|
674
NewMarket
NEU
$8.72B
| $3.39M | 0.01% |
4,900
-100
| -2% | -$62K |
|
675
Cullen/Frost Bankers
CFR
$10.5B
| $3.38M | 0.01% |
26,334
| – | – |
|
Similar funds
PCH
N
State of Tennessee, Department of Treasury's Q2 2025 Portfolio in Review
As of Q2 2025, State of Tennessee, Department of Treasury held 1,782 positions worth $28B, up 7.3% from $26.1B the previous quarter. Its ten largest holdings account for 29% of the portfolio.
State of Tennessee, Department of Treasury's Q2 2025 filing shows 63 new, 481 increased, 719 reduced and 60 closed positions. Its largest new stake was Coinbase: 69,843 shares worth $24.5M. The largest sale was iShares MBS ETF, an estimated $233M.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 22% a quarter earlier, followed by Financials and Consumer Discretionary.
- State of Tennessee, Department of Treasury's largest Q2 2025 buy was Coinbase: 69,843 shares worth $24.5M.
- State of Tennessee, Department of Treasury added most to Prologis in Q2 2025, an estimated $28.9M increase.
- State of Tennessee, Department of Treasury's biggest Q2 2025 reduction was iShares MBS ETF, cutting an estimated $233M.
- State of Tennessee, Department of Treasury fully exited iShares 20+ Year Treasury Bond ETF in Q2 2025, selling an estimated $202M.
- State of Tennessee, Department of Treasury's ten largest holdings make up 29% of its $28B portfolio in Q2 2025.
- State of Tennessee, Department of Treasury opened 63 new positions and closed 60 in Q2 2025.
- State of Tennessee, Department of Treasury's portfolio value rose 7.3% quarter-over-quarter to $28B.
Based on State of Tennessee, Department of Treasury's 13F filing for Q2 2025, filed 15 Aug 2025.