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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
-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
Cap. Flow
+$606M
Cap. Flow %
3.3%
Top 10 Hldgs %
18.13%
Holding
1,660
New
81
Increased
925
Reduced
519
Closed
95

Top Buys

Rank Stock Value
1
MRK icon
Merck
MRK
+$105M
2
VZ icon
Verizon
VZ
+$93.1M
3
CI icon
Cigna
CI
+$65M
4
BAX icon
Baxter International
BAX
+$51.6M
5
MMM icon
3M
MMM
+$50.6M

Top Sells

Rank Stock Value
1
RY icon
Royal Bank of Canada
RY
+$91.6M
2
PX
Praxair Inc
PX
+$81.6M
3
MDT icon
Medtronic
MDT
+$75.1M
4
T icon
AT&T
T
+$64.2M
5
VRTX icon
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
QHC
1551
DELISTED
Quorum Health Corporation
QHC
$38K ﹤0.01%
12,998
-2,884
-18% -$12.1K
BRS
1552
DELISTED
Bristow Group, Inc.
BRS
$36K ﹤0.01%
14,682
-3,258
-18% -$24.7K
ADAP
1553
DELISTED
Adaptimmune Therapeutics
ADAP
$35K ﹤0.01%
+6,085
New +$44.9K
CRR
1554
DELISTED
Carbo Ceramics Inc.
CRR
$34K ﹤0.01%
9,886
-2,193
-18% -$11K
VSI
1555
DELISTED
Vitamin Shoppe Inc.
VSI
$33K ﹤0.01%
6,947
-1,541
-18% -$11.6K
ALLT icon
1556
Allot
ALLT
$381M
$27K ﹤0.01%
+4,422
New +$28.9K
KOPN icon
1557
Kopin
KOPN
$909M
$27K ﹤0.01%
27,488
-6,098
-18% -$11K
ZYME icon
1558
Zymeworks
ZYME
$1.81B
$26K ﹤0.01%
1,756
FRAN
1559
DELISTED
Francesca's Holdings Corporation
FRAN
$16K ﹤0.01%
1,388
-308
-18% -$8.97K
CLD
1560
DELISTED
Cloud Peak Energy Inc
CLD
$12K ﹤0.01%
34,062
-7,556
-18% -$10.8K
LPG icon
1561
Dorian LPG
LPG
$1.97B
$10K ﹤0.01%
1,659
-368
-18% -$2.67K
ACET
1562
DELISTED
Aceto Corp
ACET
$7K ﹤0.01%
8,484
-8,981
-51% -$16.1K
DHX icon
1563
DHI Group
DHX
$169M
$1K ﹤0.01%
681
-150
-18% -$259
ACHC icon
1564
Acadia Healthcare
ACHC
$2.91B
-108,139
Closed -$3.81M
AMBA icon
1565
Ambarella
AMBA
$3.66B
-537,414
Closed -$20.8M
AMLP icon
1566
Alerian MLP ETF
AMLP
$13.2B
-8,660
Closed -$462K
ANGL icon
1567
VanEck Fallen Angel High Yield Bond ETF
ANGL
$3.12B
-26,700
Closed -$776K
APPF icon
1568
AppFolio
APPF
$6.92B
-557
Closed -$44K
ARLP icon
1569
Alliance Resource Partners
ARLP
$3.24B
-7,378
Closed -$151K
EFOR
1570
Everforth Inc
EFOR
$1.33B
-34,102
Closed -$2.69M
BGC icon
1571
BGC Group
BGC
$5.12B
-7,969
Closed -$61K
BGFV
1572
DELISTED
Big 5 Sporting Goods
BGFV
-9,920
Closed -$51K
BKU icon
1573
Bankunited
BKU
$3.39B
-2,304
Closed -$82K
CACC icon
1574
Credit Acceptance
CACC
$5.97B
-165
Closed -$72K
CHGG icon
1575
Chegg
CHGG
$86.3M
-1,966
Closed -$56K

Similar funds

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.