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
-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
BIIB icon
201
Biogen
BIIB
$31.1B
$21.4M 0.12%
70,977
-1,443
-2% -$461K
HCA icon
202
HCA Healthcare
HCA
$88.2B
$21.2M 0.12%
170,149
-122,622
-42% -$16.5M
AIV
203
Aimco
AIV
$378M
$21.1M 0.11%
3,604,227
+164,895
+5% +$980K
TGT icon
204
Target
TGT
$70.2B
$21M 0.11%
318,261
-77,541
-20% -$5.97M
BSX icon
205
Boston Scientific
BSX
$74.4B
$20.9M 0.11%
592,306
+49,895
+9% +$1.81M
QRVO icon
206
Qorvo
QRVO
$8.67B
$20.8M 0.11%
342,748
-483,323
-59% -$32.5M
NOMD icon
207
Nomad Foods
NOMD
$1.65B
$20.8M 0.11%
1,243,326
+546,990
+79% +$10.4M
BKLN icon
208
Invesco Senior Loan ETF
BKLN
$6.76B
$20.4M 0.11%
938,600
+907,500
+2,918% +$20.7M
NRG icon
209
NRG Energy
NRG
$25.3B
$20.3M 0.11%
512,971
-15,305
-3% -$586K
CSX icon
210
CSX Corp
CSX
$93.5B
$20.3M 0.11%
978,522
+77,277
+9% +$1.78M
ESS icon
211
Essex Property Trust
ESS
$18.4B
$20.2M 0.11%
82,552
+15,296
+23% +$3.86M
AJG icon
212
Arthur J. Gallagher & Co
AJG
$64.3B
$19.5M 0.11%
265,142
+76,576
+41% +$5.72M
AES icon
213
AES
AES
$10.5B
$19.3M 0.11%
1,333,396
-577
-0% -$8.66K
SHYG icon
214
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.62B
$18.8M 0.1%
421,500
+288,300
+216% +$13.2M
BND icon
215
Vanguard Total Bond Market
BND
$162B
$18.7M 0.1%
236,380
-15,400
-6% -$1.2M
ALGN icon
216
Align Technology
ALGN
$12.3B
$18.7M 0.1%
89,231
-48,602
-35% -$12.3M
TFCFA
217
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
$18.3M 0.1%
381,241
-43,418
-10% -$2.06M
DFS
218
DELISTED
Discover Financial Services
DFS
$18.3M 0.1%
309,874
-14,251
-4% -$984K
INTU icon
219
Intuit
INTU
$92.5B
$17.7M 0.1%
89,880
+32,138
+56% +$6.69M
ICE icon
220
Intercontinental Exchange
ICE
$85.5B
$17.6M 0.1%
234,220
+53,405
+30% +$4.09M
UPS icon
221
United Parcel Service
UPS
$89.6B
$17.6M 0.1%
180,160
+25,376
+16% +$2.75M
COR icon
222
Cencora
COR
$59.8B
$17.6M 0.1%
236,143
+45,349
+24% +$3.91M
RCL icon
223
Royal Caribbean
RCL
$83B
$17.5M 0.1%
178,549
-17,066
-9% -$1.87M
GE icon
224
GE Aerospace
GE
$375B
$17.1M 0.09%
470,339
+65,513
+16% +$2.96M
DE icon
225
Deere & Co
DE
$165B
$16.9M 0.09%
113,484
+41,677
+58% +$6.1M
7 8
9
10 11

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 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.