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
-2.92%
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
$24.8B
AUM Growth
+$869M
Cap. Flow
+$1.84B
Cap. Flow %
7.43%
Top 10 Hldgs %
26.09%
Holding
1,768
New
61
Increased
590
Reduced
666
Closed
169

Top Buys

Rank Stock Value
1
VTI icon
Vanguard Morningstar Total Stock Market ETF
VTI
+$602M
2
VCIT icon
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
+$277M
3
VCLT icon
Vanguard Long-Term Corporate Bond ETF
VCLT
+$276M
4
MBB icon
iShares MBS ETF
MBB
+$271M
5
VEA icon
Vanguard FTSE Developed Markets ETF
VEA
+$231M

Top Sells

Rank Stock Value
1
MPC icon
Marathon Petroleum
MPC
+$71M
2
KO icon
Coca-Cola
KO
+$68.5M
3
MA icon
Mastercard
MA
+$59M
4
PEP icon
PepsiCo
PEP
+$50.7M
5
ADM icon
Archer Daniels Midland
ADM
+$49M

Sector Composition

Rank Sector Weight
1 Technology 18.35%
2 Financials 9.67%
3 Healthcare 8.91%
4 Consumer Discretionary 7.95%
5 Industrials 7.1%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
UA icon
1726
Under Armour Class C
UA
$2.24B
– –
-103,045
Closed -$691K
UAA icon
1727
Under Armour
UAA
$2.29B
– –
-102,300
Closed -$739K
UBSI icon
1728
United Bankshares
UBSI
$6.7B
– –
-41,413
Closed -$1.23M
UGI icon
1729
UGI
UGI
$7.54B
– –
-126,662
Closed -$3.42M
UPWK icon
1730
Upwork
UPWK
$1.05B
– –
-15,761
Closed -$147K
UTZ icon
1731
Utz Brands
UTZ
$1.25B
– –
-88,995
Closed -$1.46M
VAC icon
1732
Marriott Vacations Worldwide
VAC
$4.14B
– –
-11,794
Closed -$1.45M
VICR icon
1733
Vicor
VICR
$10.7B
– –
-12,205
Closed -$659K
WERN icon
1734
Werner Enterprises
WERN
$2.32B
– –
-29,992
Closed -$1.33M
WEN icon
1735
Wendy's
WEN
$1.63B
– –
-82,643
Closed -$1.8M
WEX icon
1736
WEX
WEX
$6.67B
– –
-23,745
Closed -$4.32M
WLK icon
1737
Westlake Corp
WLK
$10.2B
– –
-32,584
Closed -$3.89M
WU icon
1738
Western Union
WU
$2.27B
– –
-131,526
Closed -$1.54M
XLP icon
1739
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.8B
– –
-316,652
Closed -$23.5M
YETI icon
1740
Yeti Holdings
YETI
$3.36B
– –
-71,356
Closed -$2.77M
ZUMZ icon
1741
Zumiez
ZUMZ
$319M
– –
-5,307
Closed -$88.4K
TXNM
1742
TXNM Energy Inc
TXNM
$5.92B
– –
-51,679
Closed -$2.33M
GAP
1743
The Gap Inc
GAP
$7.27B
– –
-91,875
Closed -$820K
TVRD
1744
Tvardi Therapeutics
TVRD
$21.9M
– –
-426
Closed -$43.4K
BERY
1745
DELISTED
Berry Global Group, Inc.
BERY
– –
-10,459
Closed -$618K
CUTR
1746
DELISTED
Cutera, Inc.
CUTR
– –
-6,065
Closed -$91.8K
SRCL
1747
DELISTED
Stericycle Inc
SRCL
– –
-24,020
Closed -$1.12M
EGRX
1748
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
– –
-3,538
Closed -$68.8K
SWN
1749
DELISTED
Southwestern Energy Company
SWN
– –
-583,208
Closed -$3.51M
BIG
1750
DELISTED
Big Lots, Inc.
BIG
– –
-9,840
Closed -$86.9K
67 68 69
70
71

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 Q3 2023 Portfolio in Review

As of Q3 2023, State of Tennessee, Department of Treasury held 1,768 positions worth $24.8B, up 3.6% from $23.9B the previous quarter. Its ten largest holdings account for 26% of the portfolio.

State of Tennessee, Department of Treasury deployed $1.84B of net new capital in Q3 2023, opening 61 new positions and adding to 590 existing holdings. Its largest new stake was Kenvue: 1,004,827 shares worth $20.2M.

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

On the sell side, the largest reduction was Marathon Petroleum, an estimated $71M trimmed.

  • State of Tennessee, Department of Treasury's largest Q3 2023 buy was Kenvue: 1,004,827 shares worth $20.2M.
  • State of Tennessee, Department of Treasury added most to Vanguard Morningstar Total Stock Market ETF in Q3 2023, an estimated $602M increase.
  • State of Tennessee, Department of Treasury's biggest Q3 2023 reduction was Marathon Petroleum, cutting an estimated $71M.
  • State of Tennessee, Department of Treasury fully exited State Street Consumer Staples Select Sector SPDR ETF in Q3 2023, selling an estimated $23.5M.
  • State of Tennessee, Department of Treasury's ten largest holdings make up 26% of its $24.8B portfolio in Q3 2023.
  • State of Tennessee, Department of Treasury opened 61 new positions and closed 169 in Q3 2023.
  • State of Tennessee, Department of Treasury's portfolio value rose 3.6% quarter-over-quarter to $24.8B.

Based on State of Tennessee, Department of Treasury's 13F filing for Q3 2023, filed 14 Nov 2023.