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 | |
|---|---|---|---|---|---|---|
2201
Ultralife
ULBI
$121M
| $61.3K | ﹤0.01% |
+11,400
| New | +$77.5K |
|
|
OPTU
2202
Optimum Communications Inc
OPTU
$231M
| $60.2K | ﹤0.01% |
22,614
+6,922
| +44% | +$18.7K |
|
2203
Blend Labs
BLND
$348M
| $59.5K | ﹤0.01% |
17,758
-504
| -3% | -$1.83K |
|
|
IAUX
2204
i-80 Gold Corp
IAUX
$1.45B
| $59.4K | ﹤0.01% |
+102,100
| New | +$66.1K |
|
2205
NET Power
NPWR
$144M
| $53.8K | ﹤0.01% |
20,471
+7,087
| +53% | +$50K |
|
2206
Opko Health
OPK
$1.04B
| $49.4K | ﹤0.01% |
29,770
-4,106
| -12% | -$6.76K |
|
2207
Cipher Digital
CIFR
$6.97B
| $45.9K | ﹤0.01% |
19,961
-1,045
| -5% | -$4.76K |
|
2208
Jasper Therapeutics
JSPR
$28.9M
| $45.5K | ﹤0.01% |
10,571
-3,153
| -23% | -$21K |
|
2209
Arbutus Biopharma
ABUS
$906M
| $42.9K | ﹤0.01% |
12,294
-1,369
| -10% | -$4.57K |
|
2210
Taboola.com
TBLA
$1.06B
| $41.1K | ﹤0.01% |
13,948
-1,344
| -9% | -$4.59K |
|
2211
Hertz
HTZ
$934M
| $40.6K | ﹤0.01% |
10,301
-15,511
| -60% | -$62.3K |
|
|
KG
2212
Kestrel Group
KG
$63.5M
| $39.6K | ﹤0.01% |
3,475
+60
| +2% | +$1.13K |
|
|
AIMAW
2213
DELISTED
Aimfinity Investment Corp I Warrant
AIMAW
| $39K | ﹤0.01% |
500,000
| – | – |
|
|
DHC
2214
Diversified Healthcare Trust
DHC
$2.02B
| $35.6K | ﹤0.01% |
14,819
-123,266
| -89% | -$304K |
|
2215
TETRA Technologies
TTI
$1.29B
| $35.4K | ﹤0.01% |
10,547
| – | – |
|
2216
Pliant Therapeutics
PLRX
$67.5M
| $33.7K | ﹤0.01% |
24,940
-22,927
| -48% | -$139K |
|
|
NOVA
2217
DELISTED
Sunnova Energy
NOVA
| $32.5K | ﹤0.01% |
87,500
+7,618
| +10% | +$14.7K |
|
|
ETWO
2218
DELISTED
E2open Parent Holdings
ETWO
| $28.3K | ﹤0.01% |
14,129
-39,515
| -74% | -$98K |
|
|
VTYX
2219
DELISTED
Ventyx Biosciences
VTYX
| $27.9K | ﹤0.01% |
24,300
-34,600
| -59% | -$59.4K |
|
2220
Montauk Renewables
MNTK
$269M
| $26.1K | ﹤0.01% |
12,489
-15,055
| -55% | -$55K |
|
2221
Energy Vault
NRGV
$692M
| $25.7K | ﹤0.01% |
36,900
-1,000
| -3% | -$1.54K |
|
2222
Butterfly Network
BFLY
$2.46B
| $25.6K | ﹤0.01% |
+11,240
| New | +$40.2K |
|
2223
Clean Energy Fuels
CLNE
$401M
| $23.7K | ﹤0.01% |
15,274
-1,045
| -6% | -$2.65K |
|
2224
Clear Channel Outdoor Holdings
CCO
$1.2B
| $21.8K | ﹤0.01% |
19,666
| – | – |
|
2225
Standard BioTools
LAB
$306M
| $21.3K | ﹤0.01% |
19,724
-2,153
| -10% | -$3.02K |
|
Similar funds
LP
HF
TI
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.