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
HII icon
976
Huntington Ingalls Industries
HII
$12.8B
$4.78M 0.01%
16,603
+4
+0% +$1.07K
CPB icon
977
Campbell Soup
CPB
$6.94B
$4.77M 0.01%
151,191
-53,595
-26% -$1.73M
GTLS
978
DELISTED
Chart Industries
GTLS
$4.77M 0.01%
23,846
-43,921
-65% -$8.35M
COLD icon
979
Americold
COLD
$4.32B
$4.77M 0.01%
389,477
-3,316
-0.8% -$49.4K
MIRM icon
980
Mirum Pharmaceuticals
MIRM
$6.02B
$4.77M 0.01%
64,999
+33,857
+109% +$2.15M
EAT icon
981
Brinker International
EAT
$10.2B
$4.75M 0.01%
37,517
+12,301
+49% +$1.92M
ECVT icon
982
Ecovyst
ECVT
$1.1B
$4.75M 0.01%
542,465
-15,307
-3% -$135K
BMI icon
983
Badger Meter
BMI
$3.78B
$4.74M 0.01%
26,547
+1,729
+7% +$340K
BBIO icon
984
BridgeBio Pharma
BBIO
$15.9B
$4.74M 0.01%
91,252
+19,601
+27% +$956K
CNM icon
985
Core & Main
CNM
$8.64B
$4.72M 0.01%
87,752
-2,327
-3% -$141K
CCOI icon
986
Cogent Communications
CCOI
$530M
$4.7M 0.01%
122,518
+1,681
+1% +$70.2K
CHDN icon
987
Churchill Downs
CHDN
$6.2B
$4.65M 0.01%
47,900
-9,683
-17% -$996K
CART icon
988
Maplebear
CART
$11.6B
$4.59M 0.01%
124,781
-5,452
-4% -$251K
CRUS icon
989
Cirrus Logic
CRUS
$6.08B
$4.57M 0.01%
36,501
+31,482
+627% +$3.51M
IDA icon
990
Idacorp
IDA
$8.16B
$4.57M 0.01%
34,558
-567
-2% -$70.2K
SMG icon
991
ScottsMiracle-Gro
SMG
$3.59B
$4.56M 0.01%
80,098
+49,336
+160% +$3.11M
FIGR
992
Figure Technology Solutions
FIGR
$7.05B
$4.56M 0.01%
+125,400
New +$4.87M
ALGN icon
993
Align Technology
ALGN
$12.5B
$4.56M 0.01%
36,385
-1,321
-4% -$207K
RGEN icon
994
Repligen
RGEN
$9.45B
$4.56M 0.01%
34,083
+34
+0.1% +$4.13K
LRN icon
995
Stride
LRN
$3.48B
$4.55M 0.01%
30,567
+16,792
+122% +$2.46M
CALX icon
996
Calix
CALX
$2.51B
$4.55M 0.01%
74,105
+98
+0.1% +$5.64K
CAI
997
Caris Life Sciences
CAI
$6.27B
$4.54M 0.01%
150,000
– –
IPAR icon
998
Interparfums
IPAR
$3.7B
$4.54M 0.01%
46,113
-2,668
-5% -$314K
BL icon
999
BlackLine
BL
$1.82B
$4.53M 0.01%
85,242
-6,957
-8% -$376K
MGNI icon
1000
Magnite
MGNI
$3.53B
$4.51M 0.01%
206,905
+20,911
+11% +$494K
38 39
40
41 42

Similar funds

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
Parallax Volatility Advisers
Parallax Volatility Advisers San Francisco, California $38.6B AUM 45.89% 1-Year Est. Return
RIM
Rakuten Investment Management Tokyo, Japan $49.2B AUM

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.