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
+4.74%
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
$31.3B
AUM Growth
+$1.24B
(+4.1%)
Cap. Flow
-$287M
Cap. Flow
% of AUM
-0.92%
Top 10 Holdings %
Top 10 Hldgs %
28.36%
Holding
1,819
New
92
Increased
472
Reduced
1,140
Closed
92
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$211M |
| 2 |
Applovin
APP
|
+$43.1M |
| 3 |
Sea Limited
SE
|
+$26M |
| 4 |
TotalEnergies
TTE
|
+$25.5M |
| 5 |
CRH
CRH
|
+$25.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI Taiwan ETF
EWT
|
+$244M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$88.6M |
| 3 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$69.2M |
| 4 |
Ferrari
RACE
|
+$54.5M |
| 5 |
iShares MSCI India ETF
INDA
|
+$43.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.95% |
| 2 | Financials | 11.36% |
| 3 | Consumer Discretionary | 8.16% |
| 4 | Communication Services | 7.8% |
| 5 | Industrials | 7.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PPLI
1376
People Inc
PPLI
$3.01B
| $581K | ﹤0.01% |
15,722
-9,103
| -37% | -$319K |
|
1377
Collegium Pharmaceutical
COLL
$913M
| $577K | ﹤0.01% |
12,563
-6,317
| -33% | -$264K |
|
1378
United Fire Group
UFCS
$1.38B
| $574K | ﹤0.01% |
15,983
+727
| +5% | +$24.9K |
|
1379
Power Integrations
POWI
$3.48B
| $570K | ﹤0.01% |
12,400
+744
| +6% | +$28.2K |
|
1380
Horizon Bancorp
HBNC
$1.05B
| $567K | ﹤0.01% |
32,186
+12,503
| +64% | +$207K |
|
1381
Fortrea Holdings
FTRE
$1.69B
| $566K | ﹤0.01% |
33,678
-14,379
| -30% | -$178K |
|
1382
Embecta
EMBC
$290M
| $565K | ﹤0.01% |
53,290
+10,263
| +24% | +$135K |
|
1383
Riley Exploration Permian
REPX
$786M
| $563K | ﹤0.01% |
20,058
+38
| +0.2% | +$1.01K |
|
1384
Omega Flex
OFLX
$291M
| $561K | ﹤0.01% |
16,999
+8,081
| +91% | +$231K |
|
1385
Pebblebrook Hotel Trust
PEB
$2.05B
| $561K | ﹤0.01% |
49,088
-4,575
| -9% | -$50.4K |
|
1386
California Water Service
CWT
$3.1B
| $560K | ﹤0.01% |
12,535
-4,177
| -25% | -$190K |
|
1387
Northeast Community Bancorp
NECB
$371M
| $557K | ﹤0.01% |
23,619
+15,257
| +182% | +$322K |
|
1388
Carter's
CRI
$1.44B
| $557K | ﹤0.01% |
16,097
-446
| -3% | -$13.9K |
|
1389
Energizer
ENR
$1.55B
| $554K | ﹤0.01% |
25,367
-11,197
| -31% | -$244K |
|
|
AVNS
1390
DELISTED
Avanos Medical
AVNS
| $552K | ﹤0.01% |
41,405
+13,799
| +50% | +$158K |
|
1391
International Seaways
INSW
$4.71B
| $550K | ﹤0.01% |
9,226
-3,864
| -30% | -$191K |
|
1392
Apogee Enterprises
APOG
$888M
| $546K | ﹤0.01% |
14,712
+4,218
| +40% | +$159K |
|
1393
Brown-Forman Class B
BF.B
$12.9B
| $544K | ﹤0.01% |
19,874
-534
| -3% | -$15K |
|
1394
AllianceBernstein
AB
$3.41B
| $543K | ﹤0.01% |
+12,769
| New | +$506K |
|
1395
RXO
RXO
$3.85B
| $543K | ﹤0.01% |
37,244
-21,226
| -36% | -$313K |
|
1396
Pitney Bowes
PBI
$2.28B
| $539K | ﹤0.01% |
51,713
-10,403
| -17% | -$108K |
|
|
GTY
1397
Getty Realty Corp
GTY
$2.05B
| $539K | ﹤0.01% |
18,039
-2,537
| -12% | -$70.1K |
|
1398
Cinemark Holdings
CNK
$4.37B
| $539K | ﹤0.01% |
22,746
-3,718
| -14% | -$97.8K |
|
1399
AudioCodes
AUDC
$253M
| $538K | ﹤0.01% |
64,413
| – | – |
|
1400
Westamerica Bancorp
WABC
$1.39B
| $537K | ﹤0.01% |
10,623
+3,983
| +60% | +$191K |
|
Similar funds
PCH
N
State of Tennessee, Department of Treasury's Q4 2025 Portfolio in Review
As of Q4 2025, State of Tennessee, Department of Treasury held 1,819 positions worth $31.3B, up 4.1% from $30B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
State of Tennessee, Department of Treasury's Q4 2025 filing shows 92 new, 472 increased, 1,140 reduced and 92 closed positions. Its largest new stake was TSMC: 718,960 shares worth $238M. The largest sale was iShares MSCI Taiwan ETF, an estimated $244M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 25% a quarter earlier, followed by Financials and Consumer Discretionary.
- State of Tennessee, Department of Treasury's largest Q4 2025 buy was TSMC: 718,960 shares worth $238M.
- State of Tennessee, Department of Treasury added most to Applovin in Q4 2025, an estimated $43.1M increase.
- State of Tennessee, Department of Treasury's biggest Q4 2025 reduction was iShares MSCI Taiwan ETF, cutting an estimated $244M.
- State of Tennessee, Department of Treasury fully exited iShares 0-5 Year High Yield Corporate Bond ETF in Q4 2025, selling an estimated $69.2M.
- State of Tennessee, Department of Treasury's ten largest holdings make up 28% of its $31.3B portfolio in Q4 2025.
- State of Tennessee, Department of Treasury opened 92 new positions and closed 92 in Q4 2025.
- State of Tennessee, Department of Treasury's portfolio value rose 4.1% quarter-over-quarter to $31.3B.
Based on State of Tennessee, Department of Treasury's 13F filing for Q4 2025, filed 18 Feb 2026.