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
-11.86%
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
$18.3B
AUM Growth
-$2.24B
(-11%)
Cap. Flow
+$606M
Cap. Flow
% of AUM
3.3%
Top 10 Holdings %
Top 10 Hldgs %
18.13%
Holding
1,660
New
81
Increased
925
Reduced
519
Closed
95
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Merck
MRK
|
+$105M |
| 2 |
Verizon
VZ
|
+$93.1M |
| 3 |
Cigna
CI
|
+$65M |
| 4 |
Baxter International
BAX
|
+$51.6M |
| 5 |
3M
MMM
|
+$50.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$91.6M |
| 2 |
PX
Praxair Inc
PX
|
+$81.6M |
| 3 |
Medtronic
MDT
|
+$75.1M |
| 4 |
AT&T
T
|
+$64.2M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$59.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.41% |
| 2 | Financials | 13.34% |
| 3 | Healthcare | 12.47% |
| 4 | Industrials | 8.69% |
| 5 | Consumer Discretionary | 7.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Home Depot
HD
$344B
| $129M | 0.7% |
749,135
+6,905
| +0.9% | +$1.24M |
|
27
Adobe
ADBE
$104B
| $121M | 0.66% |
535,545
+137,581
| +35% | +$33.2M |
|
28
Procter & Gamble
PG
$338B
| $121M | 0.66% |
1,314,517
+530,759
| +68% | +$47.4M |
|
29
Wells Fargo
WFC
$267B
| $116M | 0.63% |
2,507,279
+154,465
| +7% | +$7.91M |
|
30
Comcast
CMCSA
$92.1B
| $115M | 0.63% |
3,367,617
+560,414
| +20% | +$20.5M |
|
31
UnitedHealth
UNH
$362B
| $114M | 0.62% |
458,588
-95,624
| -17% | -$25.3M |
|
32
Pfizer
PFE
$151B
| $113M | 0.61% |
2,718,610
-1,428,970
| -34% | -$59.3M |
|
33
Visa
V
$675B
| $110M | 0.6% |
835,018
+145,550
| +21% | +$20.1M |
|
34
AbbVie
ABBV
$445B
| $103M | 0.56% |
1,119,200
-68,829
| -6% | -$6.05M |
|
35
Chevron
CVX
$383B
| $103M | 0.56% |
946,655
+272,400
| +40% | +$31.6M |
|
36
Walmart Inc
WMT
$920B
| $101M | 0.55% |
3,256,854
+25,749
| +0.8% | +$826K |
|
37
Thermo Fisher Scientific
TMO
$222B
| $101M | 0.55% |
449,670
+7,510
| +2% | +$1.76M |
|
38
iShares MBS ETF
MBB
$39.2B
| $100M | 0.55% |
959,300
+38,500
| +4% | +$3.96M |
|
39
Broadcom
AVGO
$2.02T
| $98.5M | 0.54% |
3,874,260
-887,370
| -19% | -$20.9M |
|
40
Union Pacific
UNP
$176B
| $97.4M | 0.53% |
704,862
+127,061
| +22% | +$18.8M |
|
41
Cisco
CSCO
$452B
| $96.5M | 0.53% |
2,226,416
+582,542
| +35% | +$26.7M |
|
42
Citigroup
C
$231B
| $94.4M | 0.51% |
1,813,997
+49,971
| +3% | +$3.16M |
|
43
McDonald's
MCD
$196B
| $93.1M | 0.51% |
524,204
+167,340
| +47% | +$29.7M |
|
44
Honeywell
HON
$74.1B
| $90.8M | 0.5% |
729,417
-80,474
| -10% | -$11M |
|
45
iShares MSCI Mexico ETF
EWW
$1.89B
| $87.6M | 0.48% |
2,128,255
| – | – |
|
|
46
AT&T
T
$166B
| $86M | 0.47% |
3,988,803
-2,756,903
| -41% | -$64.2M |
|
47
Vanguard Morningstar Total Stock Market ETF
VTI
$695B
| $83.3M | 0.45% |
652,500
+26,700
| +4% | +$3.69M |
|
48
ConocoPhillips
COP
$151B
| $82.5M | 0.45% |
1,322,865
+148,174
| +13% | +$10.1M |
|
49
Altria Group
MO
$110B
| $81.3M | 0.44% |
1,646,242
+379,826
| +30% | +$22M |
|
50
CVS Health
CVS
$122B
| $78.9M | 0.43% |
1,204,182
+312,787
| +35% | +$23.3M |
|
Similar funds
PCH
N
State of Tennessee, Department of Treasury's Q4 2018 Portfolio in Review
As of Q4 2018, State of Tennessee, Department of Treasury held 1,660 positions worth $18.3B, down 11% from $20.6B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
State of Tennessee, Department of Treasury deployed $606M of net new capital in Q4 2018, opening 81 new positions and adding to 925 existing holdings. Its largest new stake was iShares Biotechnology ETF: 422,400 shares worth $40.7M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 16% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was Medtronic, an estimated $75.1M trimmed.
- State of Tennessee, Department of Treasury's largest Q4 2018 buy was iShares Biotechnology ETF: 422,400 shares worth $40.7M.
- State of Tennessee, Department of Treasury added most to Merck in Q4 2018, an estimated $105M increase.
- State of Tennessee, Department of Treasury's biggest Q4 2018 reduction was Medtronic, cutting an estimated $75.1M.
- State of Tennessee, Department of Treasury fully exited Royal Bank of Canada in Q4 2018, selling an estimated $91.6M.
- State of Tennessee, Department of Treasury's ten largest holdings make up 18% of its $18.3B portfolio in Q4 2018.
- State of Tennessee, Department of Treasury opened 81 new positions and closed 95 in Q4 2018.
- State of Tennessee, Department of Treasury's portfolio value fell 11% quarter-over-quarter to $18.3B.
Based on State of Tennessee, Department of Treasury's 13F filing for Q4 2018, filed 11 Feb 2019.