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
+1.84%
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
$21.6B
AUM Growth
+$1.31B
(+6.5%)
Cap. Flow
+$885M
Cap. Flow
% of AUM
4.1%
Top 10 Holdings %
Top 10 Hldgs %
19.14%
Holding
1,669
New
113
Increased
1,028
Reduced
385
Closed
86
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$85.2M |
| 2 |
Toronto Dominion Bank
TD
|
+$79M |
| 3 |
AT&T
T
|
+$77.9M |
| 4 |
RTX Corp
RTX
|
+$77.6M |
| 5 |
Commerce Bancshares
CBSH
|
+$55.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Linde
LIN
|
+$65.7M |
| 2 |
ConocoPhillips
COP
|
+$56M |
| 3 |
Verizon
VZ
|
+$53.4M |
| 4 |
Exelon
EXC
|
+$46.7M |
| 5 |
Honeywell
HON
|
+$42.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.37% |
| 2 | Technology | 14.12% |
| 3 | Healthcare | 9.9% |
| 4 | Industrials | 8.81% |
| 5 | Communication Services | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$3.69T
| $607M | 2.81% |
4,363,290
+132,421
| +3% | +$18.2M |
|
2
Apple
AAPL
$4.45T
| $555M | 2.57% |
9,919,900
+189,444
| +2% | +$9.9M |
|
3
iShares MSCI South Korea ETF
EWY
$27.3B
| $526M | 2.44% |
9,337,238
+805,662
| +9% | +$44.6M |
|
4
iShares MSCI Taiwan ETF
EWT
$11.5B
| $501M | 2.32% |
13,775,359
+755,422
| +6% | +$26.6M |
|
5
Amazon
AMZN
$2.88T
| $448M | 2.07% |
5,155,880
+12,500
| +0.2% | +$1.16M |
|
6
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $337M | 1.56% |
8,363,200
+184,000
| +2% | +$7.36M |
|
7
iShares MSCI Brazil ETF
EWZ
$8.59B
| $330M | 1.53% |
7,837,434
+586,347
| +8% | +$25.3M |
|
8
JPMorgan Chase
JPM
$962B
| $287M | 1.33% |
2,437,703
+6,747
| +0.3% | +$763K |
|
9
Meta Platforms (Facebook)
META
$1.5T
| $270M | 1.25% |
1,516,155
+55,382
| +4% | +$10.5M |
|
10
Alphabet (Google) Class C
GOOG
$4.2T
| $268M | 1.24% |
4,389,400
+125,180
| +3% | +$7.41M |
|
|
11
AT&T
T
$167B
| $215M | 1% |
7,537,484
+2,939,853
| +64% | +$77.9M |
|
12
Berkshire Hathaway Class B
BRK.B
$1.09T
| $212M | 0.98% |
1,017,610
+31,376
| +3% | +$6.46M |
|
13
iShares S&P India Nifty 50 Index Fund
INDY
$563M
| $203M | 0.94% |
5,522,943
| – | – |
|
14
Vanguard Morningstar Total Stock Market ETF
VTI
$695B
| $186M | 0.86% |
1,229,900
| – | – |
|
15
iShares MSCI India ETF
INDA
$6.6B
| $183M | 0.85% |
5,445,383
+790,664
| +17% | +$26.1M |
|
|
16
Alphabet (Google) Class A
GOOGL
$4.21T
| $182M | 0.85% |
2,985,480
+189,880
| +7% | +$11.2M |
|
17
Walt Disney
DIS
$180B
| $182M | 0.84% |
1,395,061
+66,409
| +5% | +$9.18M |
|
18
Visa
V
$671B
| $180M | 0.83% |
1,046,771
+27,869
| +3% | +$4.96M |
|
19
Johnson & Johnson
JNJ
$630B
| $173M | 0.8% |
1,338,205
-26,145
| -2% | -$3.44M |
|
20
Home Depot
HD
$343B
| $170M | 0.79% |
732,430
+35,999
| +5% | +$7.87M |
|
21
Bank of America
BAC
$451B
| $170M | 0.79% |
5,812,318
-250,251
| -4% | -$7.2M |
|
22
Vanguard S&P 500 ETF
VOO
$1.04T
| $169M | 0.78% |
620,600
| – | – |
|
23
Chevron
CVX
$383B
| $165M | 0.76% |
1,390,094
-132,653
| -9% | -$16.1M |
|
24
Coca-Cola
KO
$375B
| $164M | 0.76% |
3,019,193
+143,023
| +5% | +$7.66M |
|
25
Procter & Gamble
PG
$337B
| $153M | 0.71% |
1,233,655
-21,912
| -2% | -$2.59M |
|
Similar funds
PCH
N
State of Tennessee, Department of Treasury's Q3 2019 Portfolio in Review
As of Q3 2019, State of Tennessee, Department of Treasury held 1,669 positions worth $21.6B, up 6.5% from $20.3B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
State of Tennessee, Department of Treasury deployed $885M of net new capital in Q3 2019, opening 113 new positions and adding to 1,028 existing holdings. Its largest new stake was Royal Bank of Canada: 1,091,807 shares worth $117M.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Linde, an estimated $65.7M trimmed.
- State of Tennessee, Department of Treasury's largest Q3 2019 buy was Royal Bank of Canada: 1,091,807 shares worth $117M.
- State of Tennessee, Department of Treasury added most to AT&T in Q3 2019, an estimated $77.9M increase.
- State of Tennessee, Department of Treasury's biggest Q3 2019 reduction was Linde, cutting an estimated $65.7M.
- State of Tennessee, Department of Treasury fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $41.5M.
- State of Tennessee, Department of Treasury's ten largest holdings make up 19% of its $21.6B portfolio in Q3 2019.
- State of Tennessee, Department of Treasury opened 113 new positions and closed 86 in Q3 2019.
- State of Tennessee, Department of Treasury's portfolio value rose 6.5% quarter-over-quarter to $21.6B.
Based on State of Tennessee, Department of Treasury's 13F filing for Q3 2019, filed 30 Oct 2019.