We are live on
!
Find out more
State of Wisconsin Investment Board Portfolio holdings
AUM
$49.6B
1-Year Est. Return
39.59%
This Fund
S&P 500
This Quarter
Est. Return
+9.63%
1 Year Est. Return
+39.59%
3 Year Est. Return
+122.45%
5 Year Est. Return
+154.82%
10 Year Est. Return
+603.46%
AUM
$43.6B
AUM Growth
+$2.64B
(+6.5%)
Cap. Flow
-$296M
Cap. Flow
% of AUM
-0.68%
Top 10 Holdings %
Top 10 Hldgs %
29.38%
Holding
2,561
New
248
Increased
889
Reduced
1,164
Closed
195
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco S&P 500 Equal Weight ETF
RSP
|
+$108M |
| 2 |
Berkshire Hathaway Class A
BRK.A
|
+$88M |
| 3 |
Zillow
ZG
|
+$57.7M |
| 4 |
Brookfield Renewable
BEP
|
+$55M |
| 5 |
Fox Class B
FOX
|
+$45.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$53.8M |
| 2 |
NVIDIA
NVDA
|
+$52.1M |
| 3 |
HES
Hess
HES
|
+$43.8M |
| 4 |
Microsoft
MSFT
|
+$41.6M |
| 5 |
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 | |
|---|---|---|---|---|---|---|
|
LPRO
1926
DELISTED
Open Lending Corp
LPRO
| $378K | ﹤0.01% |
179,140
| – | – |
|
1927
Silgan Holdings
SLGN
$4.43B
| $377K | ﹤0.01% |
8,760
-58
| -0.7% | -$2.81K |
|
1928
Federated Hermes
FHI
$4.73B
| $376K | ﹤0.01% |
7,248
-39
| -0.5% | -$1.98K |
|
1929
CNO Financial Group
CNO
$5.11B
| $374K | ﹤0.01% |
9,465
+48
| +0.5% | +$1.83K |
|
1930
Patria Investments
PAX
$1.85B
| $373K | ﹤0.01% |
25,553
-10,100
| -28% | -$141K |
|
1931
Paysign
PAYS
$738M
| $373K | ﹤0.01% |
59,283
+20,216
| +52% | +$129K |
|
1932
PennyMac Financial
PFSI
$4.11B
| $372K | ﹤0.01% |
3,001
-4,243
| -59% | -$459K |
|
1933
AMN Healthcare
AMN
$1.35B
| $370K | ﹤0.01% |
19,112
-154,853
| -89% | -$3.02M |
|
1934
Bowman Consulting
BWMN
$731M
| $370K | ﹤0.01% |
+8,725
| New | +$327K |
|
1935
Sunrun
RUN
$2.45B
| $369K | ﹤0.01% |
21,362
-347
| -2% | -$4.64K |
|
1936
Arrow Financial
AROW
$731M
| $368K | ﹤0.01% |
12,999
-1,100
| -8% | -$30.9K |
|
1937
Amplitude
AMPL
$1.63B
| $368K | ﹤0.01% |
34,302
+2,000
| +6% | +$23.7K |
|
1938
Nurix Therapeutics
NRIX
$2.75B
| $367K | ﹤0.01% |
39,758
-53,642
| -57% | -$557K |
|
|
AIV
1939
Aimco
AIV
$382M
| $365K | ﹤0.01% |
46,003
-55,501
| -55% | -$451K |
|
|
UCB
1940
United Community Banks
UCB
$4.45B
| $364K | ﹤0.01% |
11,605
+390
| +3% | +$12.3K |
|
1941
Pulse Biosciences
PLSE
$3.19B
| $363K | ﹤0.01% |
20,508
+838
| +4% | +$13.3K |
|
|
TBCH
1942
Turtle Beach Corp
TBCH
$227M
| $362K | ﹤0.01% |
22,776
-30,600
| -57% | -$455K |
|
1943
REX American Resources
REX
$1.46B
| $361K | ﹤0.01% |
+11,798
| New | +$336K |
|
1944
Caledonia Mining Corp
CMCL
$437M
| $361K | ﹤0.01% |
+9,968
| New | +$254K |
|
1945
Oscar Health
OSCR
$10.1B
| $360K | ﹤0.01% |
19,040
-116,610
| -86% | -$1.92M |
|
1946
Anavex Life Sciences
AVXL
$292M
| $359K | ﹤0.01% |
40,386
+27,990
| +226% | +$284K |
|
1947
AngioDynamics
ANGO
$647M
| $359K | ﹤0.01% |
32,140
+7,900
| +33% | +$76.2K |
|
1948
The Honest Company
HNST
$518M
| $358K | ﹤0.01% |
+97,297
| New | +$413K |
|
1949
Arvinas
ARVN
$573M
| $357K | ﹤0.01% |
41,918
-111,156
| -73% | -$843K |
|
1950
Tredegar Corp
TG
$276M
| $356K | ﹤0.01% |
44,300
+9,300
| +27% | +$76.7K |
|
Similar funds
RIM
SCP
LP
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.