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
PSA icon
151
Public Storage
PSA
$61.1B
$33.7M 0.13%
110,487
+63,056
+133% +$16.7M
LMT icon
152
Lockheed Martin
LMT
$139B
$33.6M 0.13%
74,209
+12,650
+21% +$5.6M
BN icon
153
Brookfield
BN
$109B
$33.4M 0.13%
1,241,220
– –
C icon
154
Citigroup
C
$231B
$33.2M 0.13%
644,736
+246,555
+62% +$10.9M
BNY
155
Bank of New York Mellon
BNY
$110B
$33.1M 0.13%
635,566
+102,635
+19% +$4.73M
LULU icon
156
lululemon athletica
LULU
$13.6B
$33M 0.13%
+64,472
New +$27.9M
EOG icon
157
EOG Resources
EOG
$74.7B
$32.8M 0.13%
271,309
-10,004
-4% -$1.25M
AMP icon
158
Ameriprise Financial
AMP
$49.7B
$32.5M 0.13%
85,681
-29,913
-26% -$10.3M
MAR icon
159
Marriott International
MAR
$92.4B
$32.3M 0.13%
143,187
-10,000
-7% -$2.03M
KLAC icon
160
KLA
KLAC
$278B
$32.2M 0.13%
554,170
+278,480
+101% +$14.5M
ADSK icon
161
Autodesk
ADSK
$51.9B
$31.8M 0.12%
130,524
+6,740
+5% +$1.46M
SHW icon
162
Sherwin-Williams
SHW
$87.2B
$31.6M 0.12%
101,245
+16,855
+20% +$4.53M
MPC icon
163
Marathon Petroleum
MPC
$98.3B
$31.2M 0.12%
210,144
-13,527
-6% -$2.01M
CSX icon
164
CSX Corp
CSX
$93.5B
$30.8M 0.12%
889,115
+108,882
+14% +$3.47M
CDNS icon
165
Cadence Design Systems
CDNS
$89.6B
$30.8M 0.12%
112,998
+21,297
+23% +$5.49M
GD icon
166
General Dynamics
GD
$106B
$30.8M 0.12%
118,442
+17,017
+17% +$4.15M
SNPS icon
167
Synopsys
SNPS
$79.4B
$30.7M 0.12%
59,681
+9,300
+18% +$4.76M
FERG icon
168
Ferguson
FERG
$47.3B
$30.3M 0.12%
157,530
+8,215
+6% +$1.39M
WM icon
169
Waste Management
WM
$90.3B
$30.3M 0.12%
169,075
+52,175
+45% +$8.75M
IR icon
170
Ingersoll Rand
IR
$32.4B
$30.1M 0.12%
388,745
+152,796
+65% +$10.4M
ANET icon
171
Arista Networks
ANET
$262B
$30M 0.12%
510,124
+252,732
+98% +$13.3M
CMG icon
172
Chipotle Mexican Grill
CMG
$41.6B
$29.9M 0.12%
653,800
-4,950
-0.8% -$206K
NOC icon
173
Northrop Grumman
NOC
$81.6B
$29.7M 0.12%
63,458
+18,387
+41% +$8.62M
ORLY icon
174
O'Reilly Automotive
ORLY
$74.9B
$29.6M 0.12%
467,925
-127,290
-21% -$8.04M
DE icon
175
Deere & Co
DE
$166B
$29.6M 0.12%
74,006
-43,210
-37% -$16.3M
5 6
7
8 9

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.