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
+13.3%
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
$41B
AUM Growth
+$2.26B
Cap. Flow
-$1.49B
Cap. Flow %
-3.63%
Top 10 Hldgs %
27.58%
Holding
2,442
New
201
Increased
735
Reduced
1,331
Closed
129

Top Buys

Rank Stock Value
1
RSP icon
Invesco S&P 500 Equal Weight ETF
RSP
+$390M
2
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$107M
3
XHB icon
State Street SPDR S&P Homebuilders ETF
XHB
+$38M
4
COF icon
Capital One
COF
+$29.9M
5
LBRDA icon
Liberty Broadband Class A
LBRDA
+$28.6M

Top Sells

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$398M
2
NVDA icon
NVIDIA
NVDA
+$120M
3
MSFT icon
Microsoft
MSFT
+$107M
4
AAPL icon
Apple
AAPL
+$94.7M
5
ZG icon
Zillow
ZG
+$57.8M

Sector Composition

Rank Sector Weight
1 Technology 27.25%
2 Financials 12.9%
3 Communication Services 10.11%
4 Consumer Discretionary 9.5%
5 Industrials 8.88%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ELS icon
801
Equity Lifestyle Properties
ELS
$12.6B
$7.04M 0.02%
114,204
+12,786
+13% +$815K
SWK icon
802
Stanley Black & Decker
SWK
$15.4B
$6.99M 0.02%
103,216
+9,475
+10% +$612K
DOCS icon
803
Doximity
DOCS
$4.74B
$6.98M 0.02%
113,792
+191
+0.2% +$10.7K
UHS icon
804
Universal Health Services
UHS
$10.1B
$6.97M 0.02%
38,459
+5,301
+16% +$956K
PIPR icon
805
Piper Sandler
PIPR
$5.54B
$6.97M 0.02%
100,260
-11,120
-10% -$693K
DOC icon
806
Healthpeak Properties
DOC
$14.3B
$6.95M 0.02%
396,640
-18,231
-4% -$324K
HIMS icon
807
Hims & Hers Health
HIMS
$6.71B
$6.94M 0.02%
139,171
+9,415
+7% +$426K
PAYO icon
808
Payoneer
PAYO
$2.42B
$6.94M 0.02%
1,012,740
-133,989
-12% -$908K
TLN
809
Talen Energy Corp
TLN
$17.2B
$6.89M 0.02%
23,707
-1,282
-5% -$304K
CTRE icon
810
CareTrust REIT
CTRE
$9.18B
$6.89M 0.02%
225,097
-32,200
-13% -$929K
RUSHA icon
811
Rush Enterprises Class A
RUSHA
$9.62B
$6.86M 0.02%
133,142
-1,507
-1% -$76.5K
PI icon
812
Impinj
PI
$5.46B
$6.85M 0.02%
61,701
+1,430
+2% +$142K
FLS icon
813
Flowserve
FLS
$10.3B
$6.82M 0.02%
130,341
-17,852
-12% -$840K
FLR icon
814
Fluor
FLR
$7B
$6.8M 0.02%
132,573
-42,049
-24% -$1.68M
ALLE icon
815
Allegion
ALLE
$14.2B
$6.74M 0.02%
46,783
-2,808
-6% -$384K
PECO icon
816
Phillips Edison & Co
PECO
$5.2B
$6.73M 0.02%
192,261
+31,495
+20% +$1.11M
DGII icon
817
Digi International
DGII
$3.23B
$6.72M 0.02%
192,819
-1,126
-0.6% -$34.4K
ENTG icon
818
Entegris
ENTG
$25B
$6.63M 0.02%
82,182
-3,343
-4% -$254K
JEF icon
819
Jefferies Financial Group
JEF
$12.9B
$6.63M 0.02%
121,181
-5,996
-5% -$297K
ULS icon
820
UL Solutions
ULS
$15.5B
$6.62M 0.02%
90,900
-2,236
-2% -$146K
VNT icon
821
Vontier
VNT
$4.47B
$6.62M 0.02%
179,301
-7,520
-4% -$256K
WMS icon
822
Advanced Drainage Systems
WMS
$11.3B
$6.61M 0.02%
57,580
-3,053
-5% -$342K
BMRN icon
823
BioMarin Pharmaceuticals
BMRN
$13.3B
$6.6M 0.02%
119,997
-29,222
-20% -$1.72M
TTMI icon
824
TTM Technologies
TTMI
$14.6B
$6.55M 0.02%
160,574
-105,077
-40% -$2.91M
AROC icon
825
Archrock
AROC
$5.85B
$6.55M 0.02%
263,863
-3,873
-1% -$94.9K
31 32
33
34 35

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 Q2 2025 Portfolio in Review

As of Q2 2025, State of Wisconsin Investment Board held 2,442 positions worth $41B, up 5.8% from $38.7B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

State of Wisconsin Investment Board withdrew a net $1.49B in Q2 2025, closing 129 positions and reducing 1,331 holdings. Its most notable exit was Discover Financial Services, an estimated $25.4M position sold in full.

By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 25% a quarter earlier, followed by Financials and Communication Services.

Against the trend, State of Wisconsin Investment Board opened a new position in State Street SPDR S&P Homebuilders ETF worth $39.4M.

  • State of Wisconsin Investment Board's largest Q2 2025 buy was State Street SPDR S&P Homebuilders ETF: 400,000 shares worth $39.4M.
  • State of Wisconsin Investment Board added most to Invesco S&P 500 Equal Weight ETF in Q2 2025, an estimated $390M increase.
  • State of Wisconsin Investment Board's biggest Q2 2025 reduction was Alphabet (Google) Class A, cutting an estimated $398M.
  • State of Wisconsin Investment Board fully exited Discover Financial Services in Q2 2025, selling an estimated $25.4M.
  • State of Wisconsin Investment Board's ten largest holdings make up 28% of its $41B portfolio in Q2 2025.
  • State of Wisconsin Investment Board opened 201 new positions and closed 129 in Q2 2025.
  • State of Wisconsin Investment Board's portfolio value rose 5.8% quarter-over-quarter to $41B.

Based on State of Wisconsin Investment Board's 13F filing for Q2 2025, filed 14 Aug 2025.