State of Tennessee, Department of Treasury Portfolio holdings

AUM $26.1B

AUM

$26.1B

AUM Growth

-$1.49B (-5%)

Cap. Flow

+$16.5M

Cap. Flow % of AUM

0.06%

Top 10 Holdings %Top 10 Hldgs %

27.18%

Holding

1,793

New

56

Increased

477

Reduced

647

Closed

74

Top Buys

1	iShares MSCI India ETF INDA	$255M
2	iShares Fallen Angels USD Bond ETF FALN	$60.6M
3	Vanguard Real Estate ETF VNQ	$59.8M
4	iShares iBoxx $ High Yield Corporate Bond ETF HYG	$54M
5	SPDR Blackstone Senior Loan ETF SRLN	$26M

Top Sells

1	Vanguard Long-Term Corporate Bond ETF VCLT	$137M
2	Vanguard S&P 500 ETF VOO	$114M
3	Vanguard Intermediate-Term Corporate Bond ETF VCIT	$71.4M
4	Apple AAPL	$30.6M
5	PepsiCo PEP	$22.9M

Sector Composition

1	Technology	21.7%
2	Financials	12.12%
3	Consumer Discretionary	8.43%
4	Healthcare	8.17%
5	Industrials	6.79%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1776	BOW 1776 Bowhead Specialty Holdings BOW $1.09B	$0	0%	0 -5,609	Closed	–
1777	LIF 1777 Life360 LIF $4.91B	$0	0%	0 -4,700	Closed	–
1778	GRAL 1778 GRAIL, Inc. Common Stock GRAL $1.47B	$0	0%	0 -1,567	Closed	–
1779	ARDT 1779 Ardent Health, Inc. ARDT $2.03B	$0	0%	0 -7,324	Closed	–
1780	MAGN 1780 Magnera Corporation MAGN $470M	$0	0%	0 -9,620	Closed	–
1781	PRMB 1781 Primo Brands Corporation PRMB $10.7B	$0	0%	0 -23,090	Closed	–
1782	XIFR 1782 XPLR Infrastructure, LP XIFR $885M	$0	0%	0 -20,827	Closed	–
1783	NAGE 1783 Niagen Bioscience, Inc. Common Stock NAGE $890M	$0	0%	0 -26,368	Closed	–
1784	ENFN 1784 DELISTED Enfusion, Inc. ENFN	$0	0%	0 -19,359	Closed	–
1785	ALTR 1785 DELISTED Altair Engineering Inc. Class A Common Stock ALTR	$0	0%	0 -23,289	Closed	–
1786	AZPN 1786 DELISTED Aspen Technology Inc AZPN	$0	0%	0 -12,506	Closed	–
1787	ALTM 1787 DELISTED Arcadium Lithium plc ALTM	$0	0%	0 -514,055	Closed	–
1788	NARI 1788 DELISTED Inari Medical, Inc. Common Stock NARI	$0	0%	0 -25,921	Closed	–
1789	ROIC 1789 DELISTED Retail Opportunity Investments Corp. ROIC	$0	0%	0 -57,004	Closed	–
1790	B 1790 DELISTED Barnes Group Inc. B	$0	0%	0 -19,530	Closed	–
1791	ARCH 1791 DELISTED Arch Resources, Inc. ARCH	$0	0%	0 -4,385	Closed	–
1792	IBTX 1792 DELISTED Independent Bank Group, Inc. IBTX	$0	0%	0 -8,741	Closed	–
1793	GEAR 1793 DELISTED Revelyst, Inc. GEAR	$0	0%	0 -14,264	Closed	–