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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
(+3.6%)
Cap. Flow
+$1.84B
Cap. Flow
% of AUM
7.43%
Top 10 Holdings %
Top 10 Hldgs %
26.09%
Holding
1,768
New
61
Increased
590
Reduced
666
Closed
169
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$602M |
| 2 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$277M |
| 3 |
Vanguard Long-Term Corporate Bond ETF
VCLT
|
+$276M |
| 4 |
iShares MBS ETF
MBB
|
+$271M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$231M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Marathon Petroleum
MPC
|
+$71M |
| 2 |
Coca-Cola
KO
|
+$68.5M |
| 3 |
Mastercard
MA
|
+$59M |
| 4 |
PepsiCo
PEP
|
+$50.7M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
226
Molson Coors Class B
TAP
$7.85B
| $18.3M | 0.07% |
288,402
+182,645
| +173% | +$11.9M |
|
227
Blackstone
BX
$112B
| $18.1M | 0.07% |
+169,072
| New | +$17.6M |
|
228
Waste Management
WM
$89.6B
| $17.8M | 0.07% |
116,900
-114,845
| -50% | -$18.6M |
|
229
Intercontinental Exchange
ICE
$87.2B
| $17.7M | 0.07% |
160,462
+73,540
| +85% | +$8.43M |
|
230
Howmet Aerospace
HWM
$113B
| $17.6M | 0.07% |
381,456
+183,969
| +93% | +$8.96M |
|
231
Textron
TXT
$15.1B
| $17.6M | 0.07% |
224,906
+190,044
| +545% | +$14.2M |
|
232
Hershey
HSY
$37.4B
| $17.5M | 0.07% |
87,327
-72,689
| -45% | -$16.3M |
|
233
Nutrien
NTR
$32.2B
| $17.2M | 0.07% |
276,494
| – | – |
|
234
Camden Property Trust
CPT
$11.1B
| $17.1M | 0.07% |
180,837
-271
| -0.1% | -$28.8K |
|
235
Progressive
PGR
$121B
| $17M | 0.07% |
122,094
-242,442
| -67% | -$31.9M |
|
236
ON Semiconductor
ON
$31.8B
| $16.9M | 0.07% |
182,354
-50,650
| -22% | -$4.92M |
|
237
Public Service Enterprise Group
PEG
$37.8B
| $16.9M | 0.07% |
296,401
+73,888
| +33% | +$4.54M |
|
238
Ecolab
ECL
$77.4B
| $16.7M | 0.07% |
98,404
+32,754
| +50% | +$5.96M |
|
239
NXP Semiconductors
NXPI
$58.5B
| $16.7M | 0.07% |
83,322
+14,241
| +21% | +$2.95M |
|
240
Corpay
CPAY
$27.9B
| $16.5M | 0.07% |
64,502
+44,800
| +227% | +$11.7M |
|
241
Agilent Technologies
A
$42.2B
| $16.5M | 0.07% |
147,257
-166,326
| -53% | -$19.9M |
|
242
M&T Bank
MTB
$36.6B
| $16.5M | 0.07% |
130,101
+103,623
| +391% | +$13.5M |
|
243
Zimmer Biomet
ZBH
$19B
| $16.4M | 0.07% |
146,399
-145,887
| -50% | -$18.5M |
|
244
Sun Life Financial
SLF
$44.8B
| $16.4M | 0.07% |
334,257
| – | – |
|
245
Citigroup
C
$233B
| $16.4M | 0.07% |
398,181
-109,662
| -22% | -$4.81M |
|
246
Cenovus Energy
CVE
$56.4B
| $16.2M | 0.07% |
776,766
| – | – |
|
247
Old Dominion Freight Line
ODFL
$44.7B
| $16.1M | 0.07% |
78,724
-63,182
| -45% | -$12.8M |
|
248
Air Products & Chemicals
APD
$68B
| $16M | 0.06% |
56,452
+1,745
| +3% | +$512K |
|
249
Sempra
SRE
$56.5B
| $16M | 0.06% |
234,846
+55,164
| +31% | +$3.98M |
|
250
Fortinet
FTNT
$121B
| $15.9M | 0.06% |
270,983
-17,883
| -6% | -$1.18M |
|
Similar funds
PCH
N
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.