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
-2.92%
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
$24.8B
AUM Growth
+$869M
Cap. Flow
+$1.84B
Cap. Flow %
7.43%
Top 10 Hldgs %
26.09%
Holding
1,768
New
61
Increased
590
Reduced
666
Closed
169

Top Buys

Rank Stock Value
1
VTI icon
Vanguard Morningstar Total Stock Market ETF
VTI
+$602M
2
VCIT icon
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
+$277M
3
VCLT icon
Vanguard Long-Term Corporate Bond ETF
VCLT
+$276M
4
MBB icon
iShares MBS ETF
MBB
+$271M
5
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$231M

Top Sells

Rank Stock Value
1
MPC icon
Marathon Petroleum
MPC
+$71M
2
KO icon
Coca-Cola
KO
+$68.5M
3
MA icon
Mastercard
MA
+$59M
4
PEP icon
PepsiCo
PEP
+$50.7M
5
ADM icon
Archer Daniels Midland
ADM
+$49M

Sector Composition

Rank Sector Weight
1 Technology 18.35%
2 Financials 9.67%
3 Healthcare 8.91%
4 Consumer Discretionary 7.95%
5 Industrials 7.1%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PCH
1701
DELISTED
PotlatchDeltic
PCH
– –
-43,992
Closed -$2.32M
PENN icon
1702
PENN Entertainment
PENN
$2.52B
– –
-90,519
Closed -$2.18M
PFGC icon
1703
Performance Food Group
PFGC
$16.6B
– –
-81,500
Closed -$4.91M
PLCE icon
1704
Children's Place
PLCE
$53.8M
– –
-9,910
Closed -$230K
PLNT icon
1705
Planet Fitness
PLNT
$3.65B
– –
-42,840
Closed -$2.89M
POST icon
1706
Post Holdings
POST
$3.67B
– –
-44,987
Closed -$3.9M
QGEN icon
1707
Qiagen
QGEN
$8.9B
– –
-46,492
Closed -$2.21M
QURE icon
1708
uniQure
QURE
$3.24B
– –
-25,483
Closed -$292K
R icon
1709
Ryder
R
$10.1B
– –
-12,252
Closed -$1.04M
RGA icon
1710
Reinsurance Group of America
RGA
$16.2B
– –
-40,470
Closed -$5.61M
RNR icon
1711
RenaissanceRe
RNR
$13.3B
– –
-22,958
Closed -$4.28M
RUN icon
1712
Sunrun
RUN
$2.37B
– –
-108,875
Closed -$1.94M
SENEA icon
1713
Seneca Foods Class A
SENEA
$1.31B
– –
-1,798
Closed -$58.8K
SF
1714
Stifel
SF
$12.8B
– –
-86,538
Closed -$3.44M
SHC icon
1715
Sotera Health
SHC
$5.4B
– –
-37,549
Closed -$707K
SIGI icon
1716
Selective Insurance
SIGI
$5.59B
– –
-15,173
Closed -$1.46M
SLGN icon
1717
Silgan Holdings
SLGN
$4.44B
– –
-65,736
Closed -$3.08M
SSB icon
1718
SouthState Bank Corp
SSB
$10.8B
– –
-41,840
Closed -$2.75M
STAG icon
1719
STAG Industrial
STAG
$7.13B
– –
-90,305
Closed -$3.24M
STRL icon
1720
Sterling Infrastructure
STRL
$17B
– –
-3,981
Closed -$222K
SVM
1721
Silvercorp Metals
SVM
$2.59B
– –
-15,600
Closed -$44.4K
SWX icon
1722
Southwest Gas
SWX
$6.67B
– –
-29,188
Closed -$1.86M
TG icon
1723
Tredegar Corp
TG
$275M
– –
-8,550
Closed -$57K
THG icon
1724
Hanover Insurance
THG
$7.73B
– –
-19,587
Closed -$2.21M
TREE icon
1725
LendingTree
TREE
$447M
– –
-3,693
Closed -$81.7K
67 68
69
70 71

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 Q3 2023 Portfolio in Review

As of Q3 2023, State of Tennessee, Department of Treasury held 1,768 positions worth $24.8B, up 3.6% from $23.9B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

State of Tennessee, Department of Treasury deployed $1.84B of net new capital in Q3 2023, opening 61 new positions and adding to 590 existing holdings. Its largest new stake was Kenvue: 1,004,827 shares worth $20.2M.

By sector, the portfolio is most concentrated in Technology at 18% of assets, down from 21% a quarter earlier, followed by Financials and Healthcare.

On the sell side, the largest reduction was Marathon Petroleum, an estimated $71M trimmed.

  • State of Tennessee, Department of Treasury's largest Q3 2023 buy was Kenvue: 1,004,827 shares worth $20.2M.
  • State of Tennessee, Department of Treasury added most to Vanguard Morningstar Total Stock Market ETF in Q3 2023, an estimated $602M increase.
  • State of Tennessee, Department of Treasury's biggest Q3 2023 reduction was Marathon Petroleum, cutting an estimated $71M.
  • State of Tennessee, Department of Treasury fully exited State Street Consumer Staples Select Sector SPDR ETF in Q3 2023, selling an estimated $23.5M.
  • State of Tennessee, Department of Treasury's ten largest holdings make up 26% of its $24.8B portfolio in Q3 2023.
  • State of Tennessee, Department of Treasury opened 61 new positions and closed 169 in Q3 2023.
  • State of Tennessee, Department of Treasury's portfolio value rose 3.6% quarter-over-quarter to $24.8B.

Based on State of Tennessee, Department of Treasury's 13F filing for Q3 2023, filed 14 Nov 2023.