We are live on ! Find out more
State of Tennessee, Department of Treasury

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
Cap. Flow
-$694M
Cap. Flow %
-2.48%
Top 10 Hldgs %
29.49%
Holding
1,782
New
63
Increased
481
Reduced
719
Closed
60

Top Buys

Rank Stock Value
1
PLD icon
Prologis
PLD
+$28.9M
2
COIN icon
Coinbase
COIN
+$16.3M
3
COF icon
Capital One
COF
+$16M
4
MCD icon
McDonald's
MCD
+$15.8M
5
FALN icon
iShares Fallen Angels USD Bond ETF
FALN
+$15.4M

Top Sells

Rank Stock Value
1
MBB icon
iShares MBS ETF
MBB
+$233M
2
TLT icon
iShares 20+ Year Treasury Bond ETF
TLT
+$202M
3
NVDA icon
NVIDIA
NVDA
+$33.5M
4
ICLR icon
Icon
ICLR
+$28.6M
5
MSFT icon
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
WTS icon
726
Watts Water Technologies
WTS
$12.8B
$3.02M 0.01%
12,282
+2,129
+21% +$479K
SLM icon
727
SLM Corp
SLM
$5.22B
$3.01M 0.01%
91,723
– –
CELH icon
728
Celsius Holdings
CELH
$7.28B
$2.99M 0.01%
64,348
– –
SWKS icon
729
Skyworks Solutions
SWKS
$10.5B
$2.97M 0.01%
39,914
-13,672
-26% -$913K
RMBS icon
730
Rambus
RMBS
$10.8B
$2.96M 0.01%
46,266
+2,188
+5% +$117K
MUSA icon
731
Murphy USA
MUSA
$10.4B
$2.96M 0.01%
7,273
-800
-10% -$364K
VMI icon
732
Valmont Industries
VMI
$9.5B
$2.95M 0.01%
9,025
+152
+2% +$46.6K
OPCH icon
733
Option Care Health
OPCH
$3.61B
$2.94M 0.01%
90,642
– –
OSK icon
734
Oshkosh
OSK
$9.41B
$2.94M 0.01%
25,860
-9,278
-26% -$901K
KTOS icon
735
Kratos Defense & Security Solutions
KTOS
$11.8B
$2.91M 0.01%
62,671
+25,736
+70% +$932K
FIVE icon
736
Five Below
FIVE
$13.4B
$2.89M 0.01%
22,064
– –
GL icon
737
Globe Life
GL
$14B
$2.89M 0.01%
23,212
-485
-2% -$58.9K
DOCS icon
738
Doximity
DOCS
$4.74B
$2.85M 0.01%
46,515
– –
RYAN icon
739
Ryan Specialty Holdings
RYAN
$11B
$2.84M 0.01%
41,752
– –
CART icon
740
Maplebear
CART
$11.6B
$2.84M 0.01%
62,686
+8,100
+15% +$352K
DOC icon
741
Healthpeak Properties
DOC
$14.3B
$2.83M 0.01%
161,534
+77,109
+91% +$1.37M
ESE icon
742
ESCO Technologies
ESE
$7.79B
$2.82M 0.01%
14,717
+1,186
+9% +$203K
FSS icon
743
Federal Signal
FSS
$7.51B
$2.81M 0.01%
26,451
-2,803
-10% -$250K
BG icon
744
Bunge Global
BG
$21.7B
$2.8M 0.01%
34,835
+17,279
+98% +$1.36M
CRUS icon
745
Cirrus Logic
CRUS
$6.08B
$2.78M 0.01%
26,673
-2,828
-10% -$277K
DAR icon
746
Darling Ingredients
DAR
$10.4B
$2.77M 0.01%
73,053
-11,000
-13% -$362K
PB icon
747
Prosperity Bancshares
PB
$8.97B
$2.76M 0.01%
39,311
– –
ONB icon
748
Old National Bancorp
ONB
$10.4B
$2.75M 0.01%
128,766
– –
OLED icon
749
Universal Display
OLED
$4.18B
$2.75M 0.01%
17,784
– –
CHRD icon
750
Chord Energy
CHRD
$7.35B
$2.75M 0.01%
28,356
+3,623
+15% +$345K
28 29
30
31 32

Similar funds

Eagle Capital Management (New York)
Eagle Capital Management (New York) New York $29.8B AUM 12.13% 1-Year Est. Return
Coatue Management
Coatue Management New York $29.1B AUM 96.54% 1-Year Est. Return
Hudson Bay Capital Management
Hudson Bay Capital Management Stamford, Connecticut $29B AUM 30.2% 1-Year Est. Return
Lord, Abbett & Co
Lord, Abbett & Co Jersey City, New Jersey $30.6B AUM 57.44% 1-Year Est. Return
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS) Columbus, Ohio $30.9B AUM 29.72% 1-Year Est. Return
PCH
Polar Capital Holdings London, United Kingdom $28.2B AUM 115.26% 1-Year Est. Return
N
Natixis Paris, France $28B AUM 26.79% 1-Year Est. Return
Gates Foundation Trust
Gates Foundation Trust Kirkland, Washington $31.7B AUM 20.52% 1-Year Est. Return

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.