We are live on ! Find out more
State of Wisconsin Investment Board

State of Wisconsin Investment Board Portfolio holdings

AUM $43.7B
1-Year Est. Return 27.76%
This Fund
S&P 500
This Quarter Est. Return
+9.63%
1 Year Est. Return
+27.76%
3 Year Est. Return
+95.56%
5 Year Est. Return
+123.77%
10 Year Est. Return
+486.44%
AUM
$43.6B
AUM Growth
+$2.64B
Cap. Flow
-$296M
Cap. Flow %
-0.68%
Top 10 Hldgs %
29.38%
Holding
2,561
New
248
Increased
889
Reduced
1,164
Closed
195

Top Buys

Rank Stock Value
1
RSP icon
Invesco S&P 500 Equal Weight ETF
RSP
+$108M
2
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$88M
3
ZG icon
Zillow
ZG
+$57.7M
4
BEP icon
Brookfield Renewable
BEP
+$55M
5
FOX icon
Fox Class B
FOX
+$45.1M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$53.8M
2
NVDA icon
NVIDIA
NVDA
+$52.1M
3
HES
Hess
HES
+$43.8M
4
MSFT icon
Microsoft
MSFT
+$41.6M
5
XHB icon
State Street SPDR S&P Homebuilders ETF
XHB
+$39.4M

Sector Composition

Rank Sector Weight
1 Technology 27.91%
2 Financials 12.67%
3 Communication Services 10.52%
4 Consumer Discretionary 9.45%
5 Industrials 8.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VMI icon
476
Valmont Industries
VMI
$9.5B
$14.2M 0.03%
36,589
-885
-2% -$322K
TAP icon
477
Molson Coors Class B
TAP
$7.85B
$14.2M 0.03%
313,025
-5,030
-2% -$248K
TOST icon
478
Toast
TOST
$20.4B
$14.1M 0.03%
386,947
+32,910
+9% +$1.43M
ADC icon
479
Agree Realty
ADC
$9.34B
$14.1M 0.03%
198,798
+14,271
+8% +$1.03M
SBAC icon
480
SBA Communications
SBAC
$19.8B
$14.1M 0.03%
72,930
+7,116
+11% +$1.54M
NTAP icon
481
NetApp
NTAP
$40.2B
$14M 0.03%
118,546
+8,484
+8% +$949K
RBRK icon
482
Rubrik
RBRK
$21.6B
$14M 0.03%
170,464
+26,514
+18% +$2.28M
CIEN icon
483
Ciena
CIEN
$62.7B
$13.9M 0.03%
95,401
-28,950
-23% -$2.95M
LYV icon
484
Live Nation Entertainment
LYV
$43.3B
$13.9M 0.03%
84,926
-1,663
-2% -$263K
NBIX icon
485
Neurocrine Biosciences
NBIX
$15.3B
$13.9M 0.03%
98,791
-8,119
-8% -$1.1M
MTUM icon
486
iShares MSCI USA Momentum Factor ETF
MTUM
$26.1B
$13.9M 0.03%
54,064
-17,304
-24% -$4.24M
APTV icon
487
Aptiv
APTV
$10.2B
$13.8M 0.03%
159,527
+36,562
+30% +$2.76M
MKL icon
488
Markel Group
MKL
$22.8B
$13.7M 0.03%
7,172
-92
-1% -$180K
RVTY icon
489
Revvity
RVTY
$13.1B
$13.7M 0.03%
155,948
+10,636
+7% +$966K
CMS icon
490
CMS Energy
CMS
$22.1B
$13.7M 0.03%
186,358
-40,277
-18% -$2.89M
ULTA icon
491
Ulta Beauty
ULTA
$22.2B
$13.6M 0.03%
24,918
-5,287
-18% -$2.71M
WCC
492
WESCO International
WCC
$17.5B
$13.6M 0.03%
64,381
-7,098
-10% -$1.49M
HUBB icon
493
Hubbell
HUBB
$26.8B
$13.6M 0.03%
31,601
-843
-3% -$363K
SSNC icon
494
SS&C Technologies
SSNC
$19.3B
$13.6M 0.03%
153,176
-2,174
-1% -$188K
FTAI icon
495
FTAI Aviation
FTAI
$22.2B
$13.6M 0.03%
81,398
+18
+0% +$2.56K
EGP icon
496
EastGroup Properties
EGP
$11B
$13.6M 0.03%
80,178
-1,564
-2% -$260K
ATR icon
497
AptarGroup
ATR
$8.43B
$13.5M 0.03%
101,195
-4,339
-4% -$627K
NVT icon
498
nVent Electric
NVT
$27.5B
$13.5M 0.03%
136,688
+6,832
+5% +$593K
EIX icon
499
Edison International
EIX
$27.2B
$13.5M 0.03%
243,897
+34,502
+16% +$1.86M
VRNS icon
500
Varonis Systems
VRNS
$5.26B
$13.5M 0.03%
234,276
-5,026
-2% -$279K
18 19
20
21 22

Similar funds

Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L) Vancouver, British Columbia, Canada $43.4B AUM 51.29% 1-Year Est. Return
PEAK6
PEAK6 Chicago, Illinois $42.6B AUM 66.24% 1-Year Est. Return
TCI Fund Management
TCI Fund Management London, United Kingdom $45.2B AUM 12.74% 1-Year Est. Return
LP
LMR Partners London, United Kingdom $45.4B AUM 60.47% 1-Year Est. Return
Holocene Advisors
Holocene Advisors New York $41.5B AUM 42.97% 1-Year Est. Return
HF
HRT Financial New York $40.1B AUM 58.22% 1-Year Est. Return
Aristotle Capital Management
Aristotle Capital Management Los Angeles, California $47.8B AUM 13.38% 1-Year Est. Return
Fayez Sarofim & Co
Fayez Sarofim & Co Houston, Texas $39.1B AUM 15.14% 1-Year Est. Return

State of Wisconsin Investment Board's Q3 2025 Portfolio in Review

As of Q3 2025, State of Wisconsin Investment Board held 2,561 positions worth $43.6B, up 6.5% from $41B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

State of Wisconsin Investment Board's Q3 2025 filing shows 248 new, 889 increased, 1,164 reduced and 195 closed positions. Its largest new stake was Brookfield Renewable: 2,134,542 shares worth $55M. The largest sale was Apple, an estimated $53.8M.

By sector, the portfolio is most concentrated in Technology at 28% of assets, up from 27% a quarter earlier, followed by Financials and Communication Services.

  • State of Wisconsin Investment Board's largest Q3 2025 buy was Brookfield Renewable: 2,134,542 shares worth $55M.
  • State of Wisconsin Investment Board added most to Invesco S&P 500 Equal Weight ETF in Q3 2025, an estimated $108M increase.
  • State of Wisconsin Investment Board's biggest Q3 2025 reduction was Apple, cutting an estimated $53.8M.
  • State of Wisconsin Investment Board fully exited Hess in Q3 2025, selling an estimated $43.8M.
  • State of Wisconsin Investment Board's ten largest holdings make up 29% of its $43.6B portfolio in Q3 2025.
  • State of Wisconsin Investment Board opened 248 new positions and closed 195 in Q3 2025.
  • State of Wisconsin Investment Board's portfolio value rose 6.5% quarter-over-quarter to $43.6B.

Based on State of Wisconsin Investment Board's 13F filing for Q3 2025, filed 14 Nov 2025.