We are live on
!
Find out more
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
-2.67%
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
$38.7B
AUM Growth
-$490M
(-1.2%)
Cap. Flow
+$1.41B
Cap. Flow
% of AUM
3.64%
Top 10 Holdings %
Top 10 Hldgs %
25.43%
Holding
2,386
New
123
Increased
1,235
Reduced
836
Closed
145
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco S&P 500 Equal Weight ETF
RSP
|
+$795M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$386M |
| 3 |
EFFE
Harbor Osmosis Emerging Markets Resource Efficient ETF
EFFE
|
+$105M |
| 4 |
Berkshire Hathaway Class A
BRK.A
|
+$90.4M |
| 5 |
EFFI
Harbor Osmosis International Resource Efficient ETF
EFFI
|
+$58.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Bitcoin Trust
IBIT
|
+$322M |
| 2 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$85.2M |
| 3 |
HEICO Corp Class A
HEI.A
|
+$34.6M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$26.5M |
| 5 |
ALTR
Altair Engineering Inc
ALTR
|
+$21.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.98% |
| 2 | Financials | 13.13% |
| 3 | Communication Services | 10.56% |
| 4 | Healthcare | 10.1% |
| 5 | Consumer Discretionary | 9.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
Klaviyo
KVYO
$5.46B
| $227K | ﹤0.01% |
7,493
+1,798
| +32% | +$72.5K |
|
2077
Titan International
TWI
$445M
| $226K | ﹤0.01% |
26,922
-16,398
| -38% | -$136K |
|
2078
American Eagle Outfitters
AEO
$2.73B
| $226K | ﹤0.01% |
19,417
+1,615
| +9% | +$23.1K |
|
2079
Varex Imaging
VREX
$780M
| $225K | ﹤0.01% |
19,437
-46,409
| -70% | -$614K |
|
2080
Crawford & Co Class A
CRD.A
$629M
| $225K | ﹤0.01% |
19,692
-2,000
| -9% | -$23.3K |
|
2081
Foghorn Therapeutics
FHTX
$389M
| $225K | ﹤0.01% |
61,544
+20,400
| +50% | +$93K |
|
2082
Capricor Therapeutics
CAPR
$251M
| $225K | ﹤0.01% |
23,662
| – | – |
|
2083
Cohen & Steers
CNS
$4.39B
| $224K | ﹤0.01% |
2,790
+209
| +8% | +$17.8K |
|
2084
KE Holdings
BEKE
$18.7B
| $222K | ﹤0.01% |
+11,068
| New | +$219K |
|
2085
HNI Corp
HNI
$3.57B
| $222K | ﹤0.01% |
5,006
-10,199
| -67% | -$482K |
|
2086
Progress Software
PRGS
$1.83B
| $222K | ﹤0.01% |
4,310
+204
| +5% | +$11.7K |
|
2087
Arrow Financial
AROW
$723M
| $221K | ﹤0.01% |
8,399
-3,500
| -29% | -$93.6K |
|
|
SMLR
2088
DELISTED
Semler Scientific
SMLR
| $220K | ﹤0.01% |
+6,068
| New | +$284K |
|
2089
NBT Bancorp
NBTB
$2.78B
| $218K | ﹤0.01% |
5,091
+855
| +20% | +$39.5K |
|
2090
Westamerica Bancorp
WABC
$1.39B
| $216K | ﹤0.01% |
4,269
-3,859
| -47% | -$197K |
|
|
BBUC
2091
Brookfield Business Corp Class A Subordinate Voting Shares
BBUC
$6.02B
| $216K | ﹤0.01% |
8,102
-1,898
| -19% | -$48.3K |
|
2092
Wabash National
WNC
$511M
| $216K | ﹤0.01% |
19,516
-10,742
| -36% | -$144K |
|
2093
Trustmark
TRMK
$2.8B
| $215K | ﹤0.01% |
6,248
-7,898
| -56% | -$282K |
|
2094
Enterprise Financial Services Corp
EFSC
$2.41B
| $214K | ﹤0.01% |
+3,990
| New | +$230K |
|
2095
RXO
RXO
$3.9B
| $214K | ﹤0.01% |
11,212
-13,118
| -54% | -$287K |
|
2096
Consensus Cloud Solutions
CCSI
$708M
| $213K | ﹤0.01% |
+9,219
| New | +$237K |
|
2097
AvePoint
AVPT
$2.87B
| $212K | ﹤0.01% |
14,712
-13,150
| -47% | -$221K |
|
2098
StoneCo
STNE
$2.51B
| $210K | ﹤0.01% |
20,027
-144,458
| -88% | -$1.36M |
|
2099
Ambarella
AMBA
$3.61B
| $209K | ﹤0.01% |
4,156
+540
| +15% | +$37K |
|
2100
SK Telecom
SKM
$14B
| $209K | ﹤0.01% |
+9,825
| New | +$212K |
|
Similar funds
LP
HF
State of Wisconsin Investment Board's Q1 2025 Portfolio in Review
As of Q1 2025, State of Wisconsin Investment Board held 2,386 positions worth $38.7B, down 1.2% from $39.2B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
State of Wisconsin Investment Board deployed $1.41B of net new capital in Q1 2025, opening 123 new positions and adding to 1,235 existing holdings. Its largest new stake was Harbor Osmosis Emerging Markets Resource Efficient ETF: 5,140,000 shares worth $106M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 28% a quarter earlier, followed by Financials and Communication Services.
On the sell side, the largest reduction was HEICO Corp Class A, an estimated $34.6M trimmed.
- State of Wisconsin Investment Board's largest Q1 2025 buy was Harbor Osmosis Emerging Markets Resource Efficient ETF: 5,140,000 shares worth $106M.
- State of Wisconsin Investment Board added most to Invesco S&P 500 Equal Weight ETF in Q1 2025, an estimated $795M increase.
- State of Wisconsin Investment Board's biggest Q1 2025 reduction was HEICO Corp Class A, cutting an estimated $34.6M.
- State of Wisconsin Investment Board fully exited iShares Bitcoin Trust in Q1 2025, selling an estimated $322M.
- State of Wisconsin Investment Board's ten largest holdings make up 25% of its $38.7B portfolio in Q1 2025.
- State of Wisconsin Investment Board opened 123 new positions and closed 145 in Q1 2025.
- State of Wisconsin Investment Board's portfolio value fell 1.2% quarter-over-quarter to $38.7B.
Based on State of Wisconsin Investment Board's 13F filing for Q1 2025, filed 15 May 2025.