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
+9.63%
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
$43.6B
AUM Growth
+$2.64B
Cap. Flow
-$296M
Cap. Flow %
-0.68%
Top 10 Hldgs %
29.38%
Holding
2,561
New
248
Increased
889
Reduced
1,164
Closed
195

Top Buys

Rank Stock Value
1
RSP icon
Invesco S&P 500 Equal Weight ETF
RSP
+$108M
2
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$88M
3
ZG icon
Zillow
ZG
+$57.7M
4
BEP icon
Brookfield Renewable
BEP
+$55M
5
FOX icon
Fox Class B
FOX
+$45.1M

Top Sells

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$53.8M
2
NVDA icon
NVIDIA
NVDA
+$52.1M
3
HES
Hess
HES
+$43.8M
4
MSFT icon
Microsoft
MSFT
+$41.6M
5
XHB icon
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
PLMR icon
601
Palomar
PLMR
$3.37B
$10.9M 0.03%
93,463
+736
+0.8% +$93.3K
ITRI icon
602
Itron
ITRI
$4.5B
$10.9M 0.03%
87,516
-1,641
-2% -$209K
EL icon
603
Estee Lauder
EL
$31.6B
$10.9M 0.03%
123,555
-3,403
-3% -$303K
CWST icon
604
Casella Waste Systems
CWST
$5.79B
$10.9M 0.02%
114,639
+62
+0.1% +$6.24K
HSIC icon
605
Henry Schein
HSIC
$10B
$10.9M 0.02%
163,517
+19,225
+13% +$1.33M
GL icon
606
Globe Life
GL
$14B
$10.8M 0.02%
75,752
+13,675
+22% +$1.85M
ZBH icon
607
Zimmer Biomet
ZBH
$19B
$10.8M 0.02%
109,735
-17,639
-14% -$1.75M
BF.B icon
608
Brown-Forman Class B
BF.B
$12.9B
$10.8M 0.02%
398,468
+203,830
+105% +$5.91M
TWLO icon
609
Twilio
TWLO
$38.3B
$10.7M 0.02%
107,366
-3,528
-3% -$397K
ZM icon
610
Zoom
ZM
$32.2B
$10.7M 0.02%
130,246
-5,903
-4% -$461K
ESAB icon
611
ESAB
ESAB
$5.29B
$10.7M 0.02%
95,856
+48
+0.1% +$5.71K
GPN icon
612
Global Payments
GPN
$25.1B
$10.7M 0.02%
128,370
-3,944
-3% -$332K
STZ icon
613
Constellation Brands
STZ
$23.3B
$10.6M 0.02%
78,851
-7,447
-9% -$1.18M
IT icon
614
Gartner
IT
$11.6B
$10.6M 0.02%
40,379
-3,371
-8% -$983K
LVS icon
615
Las Vegas Sands
LVS
$29.6B
$10.6M 0.02%
196,700
-12,461
-6% -$655K
KTOS icon
616
Kratos Defense & Security Solutions
KTOS
$11.8B
$10.6M 0.02%
115,632
+38,961
+51% +$2.5M
POOL icon
617
Pool Corp
POOL
$7.29B
$10.5M 0.02%
33,884
-807
-2% -$253K
SNDK
618
Sandisk
SNDK
$223B
$10.5M 0.02%
93,577
+36,342
+63% +$2.12M
TTEK icon
619
Tetra Tech
TTEK
$9.33B
$10.5M 0.02%
314,414
-2,460
-0.8% -$89.4K
SNA icon
620
Snap-on
SNA
$20.9B
$10.5M 0.02%
30,171
-6,004
-17% -$1.97M
MTDR icon
621
Matador Resources
MTDR
$6.39B
$10.5M 0.02%
232,668
-9,099
-4% -$444K
STLD icon
622
Steel Dynamics
STLD
$37.3B
$10.4M 0.02%
74,814
-14,087
-16% -$1.85M
HWC icon
623
Hancock Whitney
HWC
$6.37B
$10.4M 0.02%
166,292
-3,210
-2% -$197K
UAL icon
624
United Airlines
UAL
$41B
$10.4M 0.02%
107,479
+63,213
+143% +$6.08M
PINS icon
625
Pinterest
PINS
$13.2B
$10.4M 0.02%
322,088
-19,093
-6% -$692K
23 24
25
26 27

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 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.