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
ABT icon
51
Abbott
ABT
$192B
$122M 0.28%
913,835
-13,259
-1% -$1.74M
CAT icon
52
Caterpillar
CAT
$393B
$120M 0.28%
252,046
-8,981
-3% -$3.83M
LIN icon
53
Linde
LIN
$221B
$119M 0.27%
250,488
-5,302
-2% -$2.51M
T icon
54
AT&T
T
$166B
$119M 0.27%
4,213,100
+41,071
+1% +$1.17M
RTX icon
55
RTX Corp
RTX
$300B
$119M 0.27%
710,783
-11,874
-2% -$1.84M
ARKK icon
56
PUT
ARK Innovation ETF
ARKK
$6.44B
$118M 0.27%
+1,372,400
New +$105M
MRK icon
57
Merck
MRK
$328B
$118M 0.27%
1,400,810
-83,226
-6% -$6.85M
MCD icon
58
McDonald's
MCD
$195B
$114M 0.26%
376,064
-6,179
-2% -$1.88M
DIS icon
59
Walt Disney
DIS
$178B
$112M 0.26%
981,371
-24,447
-2% -$2.88M
UBER icon
60
Uber
UBER
$154B
$108M 0.25%
1,104,846
+63,753
+6% +$5.96M
MS icon
61
Morgan Stanley
MS
$342B
$106M 0.24%
664,149
-17,473
-3% -$2.58M
C icon
62
Citigroup
C
$231B
$105M 0.24%
1,037,411
+26,494
+3% +$2.51M
NOW icon
63
ServiceNow
NOW
$129B
$105M 0.24%
571,870
-3,265
-0.6% -$610K
INTU icon
64
Intuit
INTU
$91.6B
$103M 0.24%
151,256
-11,723
-7% -$8.45M
PEP icon
65
PepsiCo
PEP
$189B
$103M 0.24%
732,032
-663
-0.1% -$94.7K
AXP icon
66
American Express
AXP
$232B
$102M 0.23%
307,764
-14,650
-5% -$4.66M
VZ icon
67
Verizon
VZ
$195B
$99.5M 0.23%
2,264,597
-44,241
-2% -$1.92M
TMO icon
68
Thermo Fisher Scientific
TMO
$223B
$98.5M 0.23%
203,105
-4,555
-2% -$2.12M
MU icon
69
Micron Technology
MU
$1.03T
$98.4M 0.23%
587,814
-9,123
-2% -$1.17M
GEV icon
70
GE Vernova
GEV
$277B
$96.8M 0.22%
157,421
-151
-0.1% -$91.5K
SCHW
71
Charles Schwab
SCHW
$189B
$96.1M 0.22%
1,006,574
+16,946
+2% +$1.61M
QCOM icon
72
Qualcomm
QCOM
$171B
$95.8M 0.22%
576,065
-21,133
-4% -$3.35M
APP icon
73
Applovin
APP
$102B
$93.7M 0.21%
130,447
-1,512
-1% -$697K
LRCX icon
74
Lam Research
LRCX
$408B
$93.2M 0.21%
695,918
+10,122
+1% +$1.07M
BKNG icon
75
Booking.com
BKNG
$159B
$92.4M 0.21%
427,750
-10,550
-2% -$2.36M
1 2
3
4 5

Similar funds

WCM Investment Management
WCM Investment Management Laguna Beach, California $43.8B AUM 42.28% 1-Year Est. Return
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
Newport Trust Company
Newport Trust Company Washington, District of Columbia $40.7B AUM 24.62% 1-Year Est. Return
HF
HRT Financial New York $40.1B AUM 58.22% 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.