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
AXSM icon
1051
Axsome Therapeutics
AXSM
$11.2B
$3.68M 0.01%
30,325
+4,478
+17% +$504K
KD icon
1052
Kyndryl
KD
$2.85B
$3.67M 0.01%
122,296
+27
+0% +$927
PB icon
1053
Prosperity Bancshares
PB
$8.95B
$3.65M 0.01%
55,057
-1,611
-3% -$111K
NHI icon
1054
National Health Investors
NHI
$3.47B
$3.63M 0.01%
45,715
-1,632
-3% -$122K
BBWI icon
1055
Bath & Body Works
BBWI
$3.65B
$3.63M 0.01%
140,735
+28,011
+25% +$830K
GT icon
1056
Goodyear
GT
$1.74B
$3.62M 0.01%
483,328
+245,316
+103% +$2.31M
HXL icon
1057
Hexcel
HXL
$7.74B
$3.61M 0.01%
57,563
+46
+0.1% +$2.83K
HAYW icon
1058
Hayward Holdings
HAYW
$3.25B
$3.61M 0.01%
238,685
+26,120
+12% +$400K
PTCT icon
1059
PTC Therapeutics
PTCT
$6.06B
$3.61M 0.01%
58,785
+9,926
+20% +$517K
HOUS
1060
DELISTED
Anywhere Real Estate
HOUS
$3.6M 0.01%
339,646
-167,006
-33% -$982K
MATX icon
1061
Matsons
MATX
$6.41B
$3.59M 0.01%
36,454
-4,504
-11% -$481K
DAR icon
1062
Darling Ingredients
DAR
$10B
$3.59M 0.01%
116,399
+3,503
+3% +$117K
FLYW icon
1063
Flywire
FLYW
$2.12B
$3.59M 0.01%
265,339
-75,296
-22% -$926K
BOW
1064
Bowhead Specialty Holdings
BOW
$1.11B
$3.59M 0.01%
132,730
+705
+0.5% +$22.1K
SLG icon
1065
SL Green Realty
SLG
$4B
$3.59M 0.01%
59,975
+36,607
+157% +$2.17M
OPEN icon
1066
Opendoor
OPEN
$3.54B
$3.58M 0.01%
464,800
+414,458
+823% +$1.68M
MTCH icon
1067
Match Group
MTCH
$8.4B
$3.58M 0.01%
101,379
+33,079
+48% +$1.18M
VC icon
1068
Visteon
VC
$2.84B
$3.57M 0.01%
29,771
+20,716
+229% +$2.44M
SR icon
1069
Spire
SR
$4.89B
$3.53M 0.01%
43,358
+7,048
+19% +$536K
ORA icon
1070
Ormat Technologies
ORA
$6.97B
$3.51M 0.01%
36,449
+30
+0.1% +$2.71K
TGLS icon
1071
Tecnoglass Holdings Inc.
TGLS
$1.86B
$3.49M 0.01%
52,231
– –
OPCH icon
1072
Option Care Health
OPCH
$3.57B
$3.49M 0.01%
125,861
+94
+0.1% +$2.72K
ZION icon
1073
Zions Bancorporation
ZION
$10.5B
$3.49M 0.01%
61,657
-3
-0% -$167
LXP icon
1074
LXP Industrial Trust
LXP
$3.58B
$3.48M 0.01%
77,644
+68,576
+756% +$2.95M
LAMR icon
1075
Lamar Advertising Co
LAMR
$15.6B
$3.47M 0.01%
28,353
-491
-2% -$61K
41 42
43
44 45

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.