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
EQX icon
2101
Equinox Gold
EQX
$13.1B
$270K ﹤0.01%
+19,158
New +$242K
BDN
2102
Brandywine Realty Trust
BDN
$542M
$269K ﹤0.01%
92,206
-70,714
-43% -$241K
ACHR icon
2103
Archer Aviation
ACHR
$5.37B
$269K ﹤0.01%
35,711
-48,010
-57% -$452K
GERN icon
2104
Geron
GERN
$982M
$267K ﹤0.01%
202,520
-16,878
-8% -$21.2K
ABCB icon
2105
Ameris Bancorp
ABCB
$6B
$265K ﹤0.01%
3,568
-2,590
-42% -$193K
ST icon
2106
Sensata Technologies
ST
$6.61B
$265K ﹤0.01%
7,947
-12,301
-61% -$393K
CSW
2107
CSW Industrials
CSW
$5.59B
$264K ﹤0.01%
901
-701
-44% -$187K
LSTR icon
2108
Landstar System
LSTR
$6.4B
$264K ﹤0.01%
1,836
-2,144
-54% -$286K
TNGX icon
2109
Tango Therapeutics
TNGX
$4.32B
$260K ﹤0.01%
+29,337
New +$253K
EVEX icon
2110
Eve Holding
EVEX
$976M
$258K ﹤0.01%
64,704
+30,117
+87% +$132K
ARKO icon
2111
ARKO Corp
ARKO
$505M
$258K ﹤0.01%
56,853
-29,511
-34% -$132K
AMPL icon
2112
Amplitude
AMPL
$1.66B
$258K ﹤0.01%
22,272
-12,030
-35% -$127K
KALV
2113
DELISTED
KalVista Pharmaceuticals
KALV
$257K ﹤0.01%
15,923
-50,037
-76% -$663K
BFST icon
2114
Business First Bancshares
BFST
$1.05B
$254K ﹤0.01%
9,735
-8,270
-46% -$209K
PHAT icon
2115
Phathom Pharmaceuticals
PHAT
$743M
$254K ﹤0.01%
+15,285
New +$218K
GEF.B icon
2116
Greif Class B
GEF.B
$4.22B
$253K ﹤0.01%
3,391
-1,465
-30% -$97.3K
PNRG icon
2117
PrimeEnergy Resources
PNRG
$316M
$252K ﹤0.01%
1,476
-1,308
-47% -$210K
OBA
2118
Oxley Bridge Acquisition Ltd
OBA
$326M
$252K ﹤0.01%
25,000
– –
BCSS
2119
Bain Capital GSS Investment Corp
BCSS
$599M
$252K ﹤0.01%
+25,000
New +$252K
FIGS icon
2120
FIGS
FIGS
$2.47B
$252K ﹤0.01%
22,164
+10,474
+90% +$98.1K
RAPP
2121
Rapport Therapeutics
RAPP
$2.27B
$252K ﹤0.01%
+8,297
New +$230K
ACIC icon
2122
American Coastal Insurance
ACIC
$461M
$251K ﹤0.01%
19,894
-3,600
-15% -$43.5K
ACCO icon
2123
Acco Brands
ACCO
$399M
$250K ﹤0.01%
67,100
– –
ASB icon
2124
Associated Banc-Corp
ASB
$6.07B
$250K ﹤0.01%
9,702
-6,214
-39% -$160K
LPCVU
2125
Launchpad Cadenza Acquisition Corp I Unit
LPCVU
$202M
$250K ﹤0.01%
+25,000
New +$250K
83 84
85
86 87

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 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.