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
+3.81%
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
$44.7B
AUM Growth
+$1.12B
Cap. Flow
+$282M
Cap. Flow %
0.63%
Top 10 Hldgs %
28.98%
Holding
2,613
New
247
Increased
776
Reduced
1,214
Closed
248

Top Buys

Rank Stock Value
1
RSP icon
Invesco S&P 500 Equal Weight ETF
RSP
+$201M
2
RY icon
Royal Bank of Canada
RY
+$78.9M
3
BEP icon
Brookfield Renewable
BEP
+$77.7M
4
SHOP icon
Shopify
SHOP
+$70.6M
5
BKLN icon
Invesco Senior Loan ETF
BKLN
+$66.7M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$112M
2
NVDA icon
NVIDIA
NVDA
+$101M
3
ZG icon
Zillow
ZG
+$101M
4
MSFT icon
Microsoft
MSFT
+$80.8M
5
AMZN icon
Amazon
AMZN
+$39.8M

Sector Composition

Rank Sector Weight
1 Technology 26.6%
2 Financials 13.19%
3 Communication Services 10.23%
4 Consumer Discretionary 9.12%
5 Healthcare 8.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DBI icon
1651
Designer Brands
DBI
$312M
$828K ﹤0.01%
+111,500
New +$536K
SENEA icon
1652
Seneca Foods Class A
SENEA
$1.31B
$822K ﹤0.01%
7,434
+1,180
+19% +$135K
ALX
1653
Alexander's
ALX
$1.4B
$816K ﹤0.01%
3,746
+1,520
+68% +$339K
ATLC icon
1654
Atlanticus Holdings
ATLC
$1.47B
$814K ﹤0.01%
12,154
-7,624
-39% -$448K
MLR icon
1655
Miller Industries
MLR
$640M
$813K ﹤0.01%
21,753
-11,880
-35% -$462K
RNGR icon
1656
Ranger Energy Services
RNGR
$405M
$812K ﹤0.01%
58,073
+15,852
+38% +$215K
RICK icon
1657
RCI Hospitality Holdings
RICK
$230M
$810K ﹤0.01%
33,986
+20,435
+151% +$523K
ATKR icon
1658
Atkore
ATKR
$3.17B
$809K ﹤0.01%
12,788
+819
+7% +$53.4K
NBN icon
1659
Northeast Bank
NBN
$1.16B
$808K ﹤0.01%
7,779
-716
-8% -$66.8K
BSRR icon
1660
Sierra Bancorp
BSRR
$532M
$807K ﹤0.01%
24,700
-500
-2% -$15.1K
CNMD icon
1661
CONMED
CNMD
$1.49B
$804K ﹤0.01%
19,799
-27,549
-58% -$1.2M
UAA icon
1662
Under Armour
UAA
$2.3B
$798K ﹤0.01%
160,529
-103,126
-39% -$477K
PBYI icon
1663
Puma Biotechnology
PBYI
$450M
$796K ﹤0.01%
133,774
+79,456
+146% +$422K
VLY icon
1664
Valley National Bancorp
VLY
$8.3B
$796K ﹤0.01%
68,126
-29,063
-30% -$322K
BWFG icon
1665
Bankwell Financial Group
BWFG
$542M
$793K ﹤0.01%
17,300
+3,700
+27% +$167K
HRTG icon
1666
Heritage Insurance Holdings
HRTG
$989M
$792K ﹤0.01%
27,068
-15,294
-36% -$413K
SFST icon
1667
Southern First Bancshares
SFST
$612M
$791K ﹤0.01%
15,361
+3,461
+29% +$166K
SBGI icon
1668
Sinclair Inc
SBGI
$1.03B
$790K ﹤0.01%
51,663
-19,709
-28% -$293K
TDC icon
1669
Teradata
TDC
$2.57B
$790K ﹤0.01%
25,937
-11,011
-30% -$288K
AOSL icon
1670
Alpha and Omega Semiconductor
AOSL
$916M
$788K ﹤0.01%
39,768
-17,153
-30% -$405K
DLB icon
1671
Dolby
DLB
$5.84B
$788K ﹤0.01%
12,266
-4,377
-26% -$294K
KURA icon
1672
Kura Oncology
KURA
$896M
$787K ﹤0.01%
75,702
+11,153
+17% +$117K
BH icon
1673
Biglari Holdings Class B
BH
$1.22B
$787K ﹤0.01%
2,366
+778
+49% +$261K
DFTX
1674
Definium Therapeutics
DFTX
$5.9B
$785K ﹤0.01%
+58,602
New +$725K
MTW icon
1675
Manitowoc
MTW
$753M
$782K ﹤0.01%
65,199
-300
-0.5% -$3.41K
65 66
67
68 69

Similar funds

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
Parallax Volatility Advisers
Parallax Volatility Advisers San Francisco, California $38.6B AUM 45.89% 1-Year Est. Return
RIM
Rakuten Investment Management Tokyo, Japan $49.2B AUM

State of Wisconsin Investment Board's Q4 2025 Portfolio in Review

As of Q4 2025, State of Wisconsin Investment Board held 2,613 positions worth $44.7B, up 2.6% from $43.6B the previous quarter. Its ten largest holdings account for 29% of the portfolio.

State of Wisconsin Investment Board's Q4 2025 filing shows 247 new, 776 increased, 1,214 reduced and 248 closed positions. Its largest new stake was Royal Bank of Canada: 513,881 shares worth $87.7M. The largest sale was Apple, an estimated $112M.

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

  • State of Wisconsin Investment Board's largest Q4 2025 buy was Royal Bank of Canada: 513,881 shares worth $87.7M.
  • State of Wisconsin Investment Board added most to Invesco S&P 500 Equal Weight ETF in Q4 2025, an estimated $201M increase.
  • State of Wisconsin Investment Board's biggest Q4 2025 reduction was Apple, cutting an estimated $112M.
  • State of Wisconsin Investment Board fully exited Xtrackers Harvest CSI 300 China A-Shares ETF in Q4 2025, selling an estimated $24.9M.
  • State of Wisconsin Investment Board's ten largest holdings make up 29% of its $44.7B portfolio in Q4 2025.
  • State of Wisconsin Investment Board opened 247 new positions and closed 248 in Q4 2025.
  • State of Wisconsin Investment Board's portfolio value rose 2.6% quarter-over-quarter to $44.7B.

Based on State of Wisconsin Investment Board's 13F filing for Q4 2025, filed 17 Feb 2026.