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
+8.93%
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
$30B
AUM Growth
+$2.08B
Cap. Flow
+$106M
Cap. Flow %
0.35%
Top 10 Hldgs %
29.35%
Holding
1,792
New
70
Increased
606
Reduced
553
Closed
65

Top Buys

Rank Stock Value
1
FLIN icon
Franklin FTSE India ETF
FLIN
+$200M
2
SHYG icon
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
+$68.8M
3
PLD icon
Prologis
PLD
+$33.9M
4
VNQ icon
Vanguard Real Estate ETF
VNQ
+$26.4M
5
CVX icon
Chevron
CVX
+$21.1M

Top Sells

Rank Stock Value
1
INDA icon
iShares MSCI India ETF
INDA
+$210M
2
JPST icon
JPMorgan Ultra-Short Income ETF
JPST
+$40.1M
3
HYG icon
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
+$36.8M
4
FPE icon
First Trust Preferred Securities and Income ETF
FPE
+$32.6M
5
VTI icon
Vanguard Morningstar Total Stock Market ETF
VTI
+$25.9M

Sector Composition

Rank Sector Weight
1 Technology 25.21%
2 Financials 11.75%
3 Consumer Discretionary 8.67%
4 Communication Services 7.17%
5 Industrials 6.87%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ILMN icon
501
Illumina
ILMN
$29.1B
$6.08M 0.02%
63,986
– –
TWLO icon
502
Twilio
TWLO
$38.3B
$6.07M 0.02%
+60,654
New +$6.83M
HUM icon
503
Humana
HUM
$46.2B
$6.05M 0.02%
23,251
– –
NTAP icon
504
NetApp
NTAP
$40.2B
$5.98M 0.02%
50,486
-22,223
-31% -$2.48M
BR icon
505
Broadridge
BR
$19.6B
$5.98M 0.02%
25,105
– –
EWBC icon
506
East-West Bancorp
EWBC
$18.6B
$5.97M 0.02%
56,057
– –
APA icon
507
APA Corp
APA
$14B
$5.94M 0.02%
244,818
+147,588
+152% +$3.12M
SMCI icon
508
Super Micro Computer
SMCI
$25.3B
$5.93M 0.02%
123,777
-39,289
-24% -$1.88M
FSLR icon
509
First Solar
FSLR
$24B
$5.93M 0.02%
26,902
-11,053
-29% -$2.12M
JLL icon
510
Jones Lang LaSalle
JLL
$17B
$5.93M 0.02%
19,878
– –
RGLD icon
511
Royal Gold
RGLD
$19.1B
$5.92M 0.02%
29,530
– –
KHC icon
512
Kraft Heinz
KHC
$30.1B
$5.88M 0.02%
225,746
-22,965
-9% -$624K
LULU icon
513
lululemon athletica
LULU
$13.6B
$5.88M 0.02%
33,032
-9,902
-23% -$1.98M
MTZ icon
514
MasTec
MTZ
$23B
$5.88M 0.02%
27,607
-2,695
-9% -$493K
DOCU
515
DocuSign
DOCU
$12.2B
$5.82M 0.02%
80,774
-7,595
-9% -$585K
WPC icon
516
W.P. Carey
WPC
$16.3B
$5.77M 0.02%
85,334
– –
WYNN icon
517
Wynn Resorts
WYNN
$10.5B
$5.73M 0.02%
44,702
+32,942
+280% +$3.8M
CRS icon
518
Carpenter Technology
CRS
$26.6B
$5.71M 0.02%
23,250
+2,400
+12% +$614K
LECO icon
519
Lincoln Electric
LECO
$15.5B
$5.69M 0.02%
24,144
+1,537
+7% +$360K
ALLE icon
520
Allegion
ALLE
$14.2B
$5.68M 0.02%
32,018
+4,602
+17% +$760K
ENTG icon
521
Entegris
ENTG
$25B
$5.65M 0.02%
61,156
+6,500
+12% +$553K
HUBB icon
522
Hubbell
HUBB
$26.8B
$5.65M 0.02%
13,131
-5,481
-29% -$2.36M
GLPI icon
523
Gaming and Leisure Properties
GLPI
$12.7B
$5.6M 0.02%
120,131
– –
DOV icon
524
Dover
DOV
$27.8B
$5.6M 0.02%
33,544
-19,139
-36% -$3.43M
TOL icon
525
Toll Brothers
TOL
$14B
$5.59M 0.02%
40,463
-1,800
-4% -$235K
19 20
21
22 23

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 2025 Portfolio in Review

As of Q3 2025, State of Tennessee, Department of Treasury held 1,792 positions worth $30B, up 7.4% from $28B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

State of Tennessee, Department of Treasury's Q3 2025 filing shows 70 new, 606 increased, 553 reduced and 65 closed positions. Its largest new stake was Franklin FTSE India ETF: 5,213,024 shares worth $194M. The largest sale was iShares MSCI India ETF, an estimated $210M.

By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 24% a quarter earlier, followed by Financials and Consumer Discretionary.

  • State of Tennessee, Department of Treasury's largest Q3 2025 buy was Franklin FTSE India ETF: 5,213,024 shares worth $194M.
  • State of Tennessee, Department of Treasury added most to Prologis in Q3 2025, an estimated $33.9M increase.
  • State of Tennessee, Department of Treasury's biggest Q3 2025 reduction was iShares MSCI India ETF, cutting an estimated $210M.
  • State of Tennessee, Department of Treasury fully exited First Trust Preferred Securities and Income ETF in Q3 2025, selling an estimated $32.6M.
  • State of Tennessee, Department of Treasury's ten largest holdings make up 29% of its $30B portfolio in Q3 2025.
  • State of Tennessee, Department of Treasury opened 70 new positions and closed 65 in Q3 2025.
  • State of Tennessee, Department of Treasury's portfolio value rose 7.4% quarter-over-quarter to $30B.

Based on State of Tennessee, Department of Treasury's 13F filing for Q3 2025, filed 14 Nov 2025.