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
-2.67%
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
$38.7B
AUM Growth
-$490M
Cap. Flow
+$1.41B
Cap. Flow %
3.64%
Top 10 Hldgs %
25.43%
Holding
2,386
New
123
Increased
1,235
Reduced
836
Closed
145

Top Buys

Rank Stock Value
1
RSP icon
Invesco S&P 500 Equal Weight ETF
RSP
+$795M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$386M
3
EFFE
Harbor Osmosis Emerging Markets Resource Efficient ETF
EFFE
+$105M
4
BRK.A icon
Berkshire Hathaway Class A
BRK.A
+$90.4M
5
EFFI
Harbor Osmosis International Resource Efficient ETF
EFFI
+$58.1M

Top Sells

Rank Stock Value
1
IBIT icon
iShares Bitcoin Trust
IBIT
+$322M
2
USHY icon
iShares Broad USD High Yield Corporate Bond ETF
USHY
+$85.2M
3
HEI.A icon
HEICO Corp Class A
HEI.A
+$34.6M
4
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$26.5M
5
ALTR
Altair Engineering Inc
ALTR
+$21.6M

Sector Composition

Rank Sector Weight
1 Technology 24.98%
2 Financials 13.13%
3 Communication Services 10.56%
4 Healthcare 10.1%
5 Consumer Discretionary 9.45%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GEV icon
126
GE Vernova
GEV
$277B
$54M 0.14%
177,041
+9,440
+6% +$3.29M
XRT icon
127
State Street SPDR S&P Retail ETF
XRT
$639M
$53.3M 0.14%
771,318
-479
-0.1% -$36.2K
TT icon
128
Trane Technologies
TT
$105B
$53.3M 0.14%
158,168
+13,825
+10% +$5M
DUK icon
129
Duke Energy
DUK
$96.3B
$52.9M 0.14%
433,473
+6,502
+2% +$741K
EMB icon
130
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
$52.5M 0.14%
580,000
– –
SHW icon
131
Sherwin-Williams
SHW
$87.4B
$52.5M 0.14%
150,447
-6,925
-4% -$2.43M
CI icon
132
Cigna
CI
$73.3B
$52.2M 0.13%
158,794
-7,743
-5% -$2.33M
WM icon
133
Waste Management
WM
$90.5B
$52.2M 0.13%
225,544
-9,059
-4% -$2.01M
EQIX icon
134
Equinix
EQIX
$105B
$51.6M 0.13%
63,228
+9,993
+19% +$8.98M
MCK icon
135
McKesson
MCK
$102B
$51.3M 0.13%
76,236
-9,701
-11% -$6M
CVS icon
136
CVS Health
CVS
$121B
$51.3M 0.13%
756,573
+43,087
+6% +$2.58M
WMB icon
137
Williams Companies
WMB
$90.1B
$51M 0.13%
852,609
-11,774
-1% -$674K
ANET icon
138
Arista Networks
ANET
$265B
$50.1M 0.13%
646,166
+26,326
+4% +$2.67M
MELI icon
139
Mercado Libre
MELI
$92.7B
$50M 0.13%
25,654
+417
+2% +$828K
APH icon
140
Amphenol
APH
$210B
$49.8M 0.13%
758,675
-52,926
-7% -$3.61M
AJG icon
141
Arthur J. Gallagher & Co
AJG
$65.5B
$49.1M 0.13%
142,155
+2,611
+2% +$825K
CRWD icon
142
CrowdStrike
CRWD
$226B
$48.8M 0.13%
554,128
+17,476
+3% +$1.66M
ORLY icon
143
O'Reilly Automotive
ORLY
$74.5B
$48.8M 0.13%
510,705
-24,210
-5% -$2.11M
NKE icon
144
Nike
NKE
$60.1B
$47.2M 0.12%
743,136
+73,482
+11% +$5.41M
UPS icon
145
United Parcel Service
UPS
$88.4B
$46.8M 0.12%
425,604
+7,787
+2% +$931K
KKR icon
146
KKR & Co
KKR
$99.5B
$46.7M 0.12%
404,174
+22,417
+6% +$3.08M
MCO icon
147
Moody's
MCO
$82.8B
$46.3M 0.12%
99,323
-231
-0.2% -$111K
MSI icon
148
Motorola Solutions
MSI
$77.7B
$46.1M 0.12%
105,241
+6,269
+6% +$2.8M
CL icon
149
Colgate-Palmolive
CL
$73.6B
$45.7M 0.12%
487,367
+23,909
+5% +$2.14M
ZTS icon
150
Zoetis
ZTS
$30.4B
$45.6M 0.12%
277,139
-9,177
-3% -$1.53M
4 5
6
7 8

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 Q1 2025 Portfolio in Review

As of Q1 2025, State of Wisconsin Investment Board held 2,386 positions worth $38.7B, down 1.2% from $39.2B the previous quarter. Its ten largest holdings account for 25% of the portfolio.

State of Wisconsin Investment Board deployed $1.41B of net new capital in Q1 2025, opening 123 new positions and adding to 1,235 existing holdings. Its largest new stake was Harbor Osmosis Emerging Markets Resource Efficient ETF: 5,140,000 shares worth $106M.

By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 28% a quarter earlier, followed by Financials and Communication Services.

On the sell side, the largest reduction was HEICO Corp Class A, an estimated $34.6M trimmed.

  • State of Wisconsin Investment Board's largest Q1 2025 buy was Harbor Osmosis Emerging Markets Resource Efficient ETF: 5,140,000 shares worth $106M.
  • State of Wisconsin Investment Board added most to Invesco S&P 500 Equal Weight ETF in Q1 2025, an estimated $795M increase.
  • State of Wisconsin Investment Board's biggest Q1 2025 reduction was HEICO Corp Class A, cutting an estimated $34.6M.
  • State of Wisconsin Investment Board fully exited iShares Bitcoin Trust in Q1 2025, selling an estimated $322M.
  • State of Wisconsin Investment Board's ten largest holdings make up 25% of its $38.7B portfolio in Q1 2025.
  • State of Wisconsin Investment Board opened 123 new positions and closed 145 in Q1 2025.
  • State of Wisconsin Investment Board's portfolio value fell 1.2% quarter-over-quarter to $38.7B.

Based on State of Wisconsin Investment Board's 13F filing for Q1 2025, filed 15 May 2025.