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
+13.04%
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
$28B
AUM Growth
+$1.89B
Cap. Flow
-$694M
Cap. Flow %
-2.48%
Top 10 Hldgs %
29.49%
Holding
1,782
New
63
Increased
481
Reduced
719
Closed
60

Top Buys

Rank Stock Value
1
PLD icon
Prologis
PLD
+$28.9M
2
COIN icon
Coinbase
COIN
+$16.3M
3
COF icon
Capital One
COF
+$16M
4
MCD icon
McDonald's
MCD
+$15.8M
5
FALN icon
iShares Fallen Angels USD Bond ETF
FALN
+$15.4M

Top Sells

Rank Stock Value
1
MBB icon
iShares MBS ETF
MBB
+$233M
2
TLT icon
iShares 20+ Year Treasury Bond ETF
TLT
+$202M
3
NVDA icon
NVIDIA
NVDA
+$33.5M
4
ICLR icon
Icon
ICLR
+$28.6M
5
MSFT icon
Microsoft
MSFT
+$27.9M

Sector Composition

Rank Sector Weight
1 Technology 24.16%
2 Financials 11.97%
3 Consumer Discretionary 8.55%
4 Industrials 7.22%
5 Communication Services 6.88%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GKOS icon
776
Glaukos
GKOS
$11.2B
$2.56M 0.01%
24,768
+1,113
+5% +$104K
KRG icon
777
Kite Realty
KRG
$5.31B
$2.55M 0.01%
112,554
– –
CTRE icon
778
CareTrust REIT
CTRE
$9.18B
$2.54M 0.01%
83,138
+2,366
+3% +$68.2K
CHE icon
779
Chemed
CHE
$7.02B
$2.54M 0.01%
5,211
+250
+5% +$142K
AMG icon
780
Affiliated Managers Group
AMG
$9.7B
$2.53M 0.01%
12,853
– –
TRNO icon
781
Terreno Realty
TRNO
$7.5B
$2.53M 0.01%
45,046
+399
+0.9% +$22.8K
NOV icon
782
NOV
NOV
$7.36B
$2.52M 0.01%
203,123
-26,486
-12% -$334K
CADE
783
DELISTED
Cadence Bank
CADE
$2.52M 0.01%
78,927
+4,235
+6% +$127K
APPF icon
784
AppFolio
APPF
$7.22B
$2.52M 0.01%
10,923
+2,000
+22% +$436K
ELF icon
785
e.l.f. Beauty
ELF
$5.43B
$2.51M 0.01%
20,182
-8,986
-31% -$767K
RHP icon
786
Ryman Hospitality Properties
RHP
$7.87B
$2.51M 0.01%
25,421
+5,716
+29% +$534K
SNDK
787
Sandisk
SNDK
$223B
$2.5M 0.01%
55,180
+3,954
+8% +$151K
GPK icon
788
Graphic Packaging
GPK
$3.51B
$2.5M 0.01%
118,727
-5,400
-4% -$125K
OGE icon
789
OGE Energy
OGE
$9.71B
$2.49M 0.01%
56,120
– –
ZWS icon
790
Zurn Elkay Water Solutions
ZWS
$8.41B
$2.49M 0.01%
68,045
+4,200
+7% +$145K
STWD icon
791
Starwood Property Trust
STWD
$6.05B
$2.49M 0.01%
123,836
– –
MTDR icon
792
Matador Resources
MTDR
$6.39B
$2.47M 0.01%
51,838
-9,047
-15% -$399K
MSA icon
793
Mine Safety
MSA
$7.32B
$2.47M 0.01%
14,755
– –
NMIH icon
794
NMI Holdings
NMIH
$3.42B
$2.47M 0.01%
58,458
+22,370
+62% +$841K
POR icon
795
Portland General Electric
POR
$5.92B
$2.47M 0.01%
60,679
– –
ETSY icon
796
Etsy
ETSY
$7.4B
$2.47M 0.01%
49,147
-4,450
-8% -$221K
ALK icon
797
Alaska Air
ALK
$5.3B
$2.46M 0.01%
49,730
-11,300
-19% -$549K
H icon
798
Hyatt Hotels
H
$16.9B
$2.46M 0.01%
17,604
– –
THG icon
799
Hanover Insurance
THG
$7.77B
$2.45M 0.01%
14,399
– –
UMBF icon
800
UMB Financial
UMBF
$11.5B
$2.44M 0.01%
23,243
+3,286
+16% +$328K
30 31
32
33 34

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 Q2 2025 Portfolio in Review

As of Q2 2025, State of Tennessee, Department of Treasury held 1,782 positions worth $28B, up 7.3% from $26.1B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

State of Tennessee, Department of Treasury's Q2 2025 filing shows 63 new, 481 increased, 719 reduced and 60 closed positions. Its largest new stake was Coinbase: 69,843 shares worth $24.5M. The largest sale was iShares MBS ETF, an estimated $233M.

By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 22% a quarter earlier, followed by Financials and Consumer Discretionary.

  • State of Tennessee, Department of Treasury's largest Q2 2025 buy was Coinbase: 69,843 shares worth $24.5M.
  • State of Tennessee, Department of Treasury added most to Prologis in Q2 2025, an estimated $28.9M increase.
  • State of Tennessee, Department of Treasury's biggest Q2 2025 reduction was iShares MBS ETF, cutting an estimated $233M.
  • State of Tennessee, Department of Treasury fully exited iShares 20+ Year Treasury Bond ETF in Q2 2025, selling an estimated $202M.
  • State of Tennessee, Department of Treasury's ten largest holdings make up 29% of its $28B portfolio in Q2 2025.
  • State of Tennessee, Department of Treasury opened 63 new positions and closed 60 in Q2 2025.
  • State of Tennessee, Department of Treasury's portfolio value rose 7.3% quarter-over-quarter to $28B.

Based on State of Tennessee, Department of Treasury's 13F filing for Q2 2025, filed 15 Aug 2025.