We are live on
!
Find out more
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
(-11%)
Cap. Flow
+$606M
Cap. Flow
% of AUM
3.3%
Top 10 Holdings %
Top 10 Hldgs %
18.13%
Holding
1,660
New
81
Increased
925
Reduced
519
Closed
95
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Merck
MRK
|
+$105M |
| 2 |
Verizon
VZ
|
+$93.1M |
| 3 |
Cigna
CI
|
+$65M |
| 4 |
Baxter International
BAX
|
+$51.6M |
| 5 |
3M
MMM
|
+$50.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Royal Bank of Canada
RY
|
+$91.6M |
| 2 |
PX
Praxair Inc
PX
|
+$81.6M |
| 3 |
Medtronic
MDT
|
+$75.1M |
| 4 |
AT&T
T
|
+$64.2M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$4.41T
| $495M | 2.7% |
12,541,020
+205,816
| +2% | +$9.98M |
|
2
iShares MSCI South Korea ETF
EWY
$27.2B
| $450M | 2.45% |
7,642,970
| – | – |
|
3
Microsoft
MSFT
$3.66T
| $448M | 2.44% |
4,411,394
+409,172
| +10% | +$43.8M |
|
4
Amazon
AMZN
$2.88T
| $408M | 2.22% |
5,431,960
+534,460
| +11% | +$44.4M |
|
5
iShares MSCI Taiwan ETF
EWT
$11.4B
| $357M | 1.95% |
11,285,510
| – | – |
|
6
JPMorgan Chase
JPM
$971B
| $249M | 1.36% |
2,549,163
+131,389
| +5% | +$14M |
|
7
iShares MSCI Brazil ETF
EWZ
$8.57B
| $245M | 1.34% |
6,417,082
| – | – |
|
8
Berkshire Hathaway Class B
BRK.B
$1.09T
| $234M | 1.28% |
1,148,467
+115,888
| +11% | +$24.2M |
|
9
Alphabet (Google) Class C
GOOG
$4.19T
| $223M | 1.21% |
4,302,820
-50,840
| -1% | -$2.72M |
|
|
10
Alphabet (Google) Class A
GOOGL
$4.2T
| $218M | 1.19% |
4,178,980
+337,540
| +9% | +$18.2M |
|
11
Meta Platforms (Facebook)
META
$1.47T
| $191M | 1.04% |
1,455,482
-313,816
| -18% | -$45.5M |
|
|
12
Verizon
VZ
$195B
| $182M | 0.99% |
3,238,478
+1,641,242
| +103% | +$93.1M |
|
13
iShares S&P India Nifty 50 Index Fund
INDY
$562M
| $178M | 0.97% |
5,051,328
| – | – |
|
|
14
Merck
MRK
$328B
| $177M | 0.96% |
2,426,738
+1,487,268
| +158% | +$105M |
|
15
Intel
INTC
$509B
| $173M | 0.94% |
3,675,695
+286,898
| +8% | +$13.4M |
|
16
Johnson & Johnson
JNJ
$629B
| $172M | 0.94% |
1,331,324
+178,784
| +16% | +$24.9M |
|
17
Boeing
BA
$183B
| $152M | 0.83% |
472,799
+89,912
| +23% | +$31.1M |
|
18
Bank of America
BAC
$453B
| $152M | 0.83% |
6,184,221
+421,028
| +7% | +$11.4M |
|
19
Vanguard S&P 500 ETF
VOO
$1.03T
| $143M | 0.78% |
620,600
| – | – |
|
20
iShares MSCI South Africa ETF
EZA
$567M
| $140M | 0.76% |
2,781,119
| – | – |
|
21
ExxonMobil
XOM
$657B
| $138M | 0.75% |
2,021,962
+300,735
| +17% | +$23.6M |
|
22
Abbott
ABT
$192B
| $136M | 0.74% |
1,881,923
+199,318
| +12% | +$14M |
|
23
Coca-Cola
KO
$373B
| $134M | 0.73% |
2,835,764
-48,425
| -2% | -$2.32M |
|
24
Walt Disney
DIS
$178B
| $131M | 0.71% |
1,191,641
+217,855
| +22% | +$24.8M |
|
25
iShares MSCI India ETF
INDA
$6.58B
| $130M | 0.71% |
3,906,741
| – | – |
|
Similar funds
PCH
N
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.