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
+12.23%
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
$25.5B
AUM Growth
+$751M
Cap. Flow
-$1.82B
Cap. Flow %
-7.13%
Top 10 Hldgs %
24.28%
Holding
1,726
New
127
Increased
533
Reduced
647
Closed
69

Top Buys

Rank Stock Value
1
UBER icon
Uber
UBER
+$47.8M
2
ANGL icon
VanEck Fallen Angel High Yield Bond ETF
ANGL
+$41.5M
3
LULU icon
lululemon athletica
LULU
+$27.9M
4
PGR icon
Progressive
PGR
+$25.8M
5
VZ icon
Verizon
VZ
+$18.3M

Top Sells

Rank Stock Value
1
VTI icon
Vanguard Morningstar Total Stock Market ETF
VTI
+$496M
2
VCIT icon
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
+$230M
3
VCLT icon
Vanguard Long-Term Corporate Bond ETF
VCLT
+$228M
4
MBB icon
iShares MBS ETF
MBB
+$216M
5
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$183M

Sector Composition

Rank Sector Weight
1 Technology 20.77%
2 Financials 10.74%
3 Healthcare 9.11%
4 Consumer Discretionary 8.86%
5 Industrials 7.78%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GSM icon
1676
FerroAtlántica
GSM
$818M
– –
-59,686
Closed -$310K
GTE icon
1677
Gran Tierra Energy
GTE
$332M
– –
-30,188
Closed -$210K
GTLB icon
1678
GitLab
GTLB
$6.85B
– –
-13,820
Closed -$625K
HIMS icon
1679
Hims & Hers Health
HIMS
$6.75B
– –
-113,905
Closed -$716K
IAS
1680
DELISTED
Integral Ad Science
IAS
– –
-8,360
Closed -$99.4K
IMMR icon
1681
Immersion
IMMR
$248M
– –
-39,344
Closed -$260K
ITOS
1682
DELISTED
iTeos Therapeutics
ITOS
– –
-14,260
Closed -$156K
LOB icon
1683
Live Oak Bancshares
LOB
$2B
– –
-8,241
Closed -$239K
MBIN icon
1684
Merchants Bancorp
MBIN
$2.54B
– –
-8,909
Closed -$247K
MBWM icon
1685
Mercantile Bank Corp
MBWM
$1.06B
– –
-3,521
Closed -$109K
MCFT icon
1686
MasterCraft Boat Holdings
MCFT
$600M
– –
-9,742
Closed -$216K
NICE icon
1687
Nice
NICE
$5.82B
– –
-33,265
Closed -$5.66M
NNOX icon
1688
Nano X Imaging
NNOX
$74.3M
– –
-14,572
Closed -$95.6K
OFIX icon
1689
Orthofix Medical
OFIX
$414M
– –
-17,814
Closed -$229K
ONL
1690
Orion Office REIT
ONL
$160M
– –
-19,245
Closed -$100K
OPI
1691
DELISTED
Office Properties Income Trust
OPI
– –
-28,150
Closed -$115K
PFLT icon
1692
PennantPark Floating Rate Capital
PFLT
$752M
– –
-16,046
Closed -$171K
P
1693
Everpure Inc
P
$39.2B
– –
-9,209
Closed -$328K
RHP icon
1694
Ryman Hospitality Properties
RHP
$7.9B
– –
-777
Closed -$64.7K
RM icon
1695
Regional Management Corp
RM
$301M
– –
-3,754
Closed -$104K
RYZ
1696
Ryerson Holding Corp
RYZ
$1.49B
– –
-4,516
Closed -$131K
SD icon
1697
SandRidge Energy
SD
$522M
– –
-13,299
Closed -$208K
SEE
1698
DELISTED
Sealed Air
SEE
– –
-23,084
Closed -$759K
SIGA icon
1699
SIGA Technologies
SIGA
$208M
– –
-36,134
Closed -$190K
SILC icon
1700
Silicom
SILC
$265M
– –
-993
Closed -$25.9K
65 66 67
68
69

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 Q4 2023 Portfolio in Review

As of Q4 2023, State of Tennessee, Department of Treasury held 1,726 positions worth $25.5B, up 3% from $24.8B the previous quarter. Its ten largest holdings account for 24% of the portfolio.

State of Tennessee, Department of Treasury withdrew a net $1.82B in Q4 2023, closing 69 positions and reducing 647 holdings. Its most notable exit was Invesco Senior Loan ETF, an estimated $69.5M position sold in full.

By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 18% a quarter earlier, followed by Financials and Healthcare.

Against the trend, State of Tennessee, Department of Treasury opened a new position in Uber worth $56.3M.

  • State of Tennessee, Department of Treasury's largest Q4 2023 buy was Uber: 914,357 shares worth $56.3M.
  • State of Tennessee, Department of Treasury added most to VanEck Fallen Angel High Yield Bond ETF in Q4 2023, an estimated $41.5M increase.
  • State of Tennessee, Department of Treasury's biggest Q4 2023 reduction was Vanguard Morningstar Total Stock Market ETF, cutting an estimated $496M.
  • State of Tennessee, Department of Treasury fully exited Invesco Senior Loan ETF in Q4 2023, selling an estimated $69.5M.
  • State of Tennessee, Department of Treasury's ten largest holdings make up 24% of its $25.5B portfolio in Q4 2023.
  • State of Tennessee, Department of Treasury opened 127 new positions and closed 69 in Q4 2023.
  • State of Tennessee, Department of Treasury's portfolio value rose 3% quarter-over-quarter to $25.5B.

Based on State of Tennessee, Department of Treasury's 13F filing for Q4 2023, filed 14 Feb 2024.