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
SAIL
1851
SailPoint Inc
SAIL
$11.3B
$467K ﹤0.01%
20,427
– –
MBWM icon
1852
Mercantile Bank Corp
MBWM
$1.06B
$467K ﹤0.01%
10,059
-1,076
-10% -$46.6K
GNE icon
1853
Genie Energy
GNE
$386M
$465K ﹤0.01%
+17,300
New +$332K
LINC icon
1854
Lincoln Educational Services
LINC
$955M
$463K ﹤0.01%
20,097
-16,340
-45% -$328K
GBCI icon
1855
Glacier Bancorp
GBCI
$6.48B
$462K ﹤0.01%
10,729
-994
-8% -$41.2K
USNA icon
1856
Usana Health Sciences
USNA
$252M
$462K ﹤0.01%
+15,136
New +$430K
JHG
1857
DELISTED
Janus Henderson
JHG
$458K ﹤0.01%
11,793
-2,894
-20% -$102K
WRBY icon
1858
Warby Parker
WRBY
$3.2B
$457K ﹤0.01%
20,853
-5,500
-21% -$102K
MLNK
1859
DELISTED
MeridianLink
MLNK
$455K ﹤0.01%
28,043
+12,607
+82% +$211K
TKR icon
1860
Timken Company
TKR
$9.1B
$454K ﹤0.01%
6,255
-880
-12% -$59.9K
CSW
1861
CSW Industrials
CSW
$5.59B
$454K ﹤0.01%
1,582
-439
-22% -$133K
COCO icon
1862
Vita Coco
COCO
$3.77B
$453K ﹤0.01%
12,555
-24,626
-66% -$823K
IBP icon
1863
Installed Building Products
IBP
$6.54B
$453K ﹤0.01%
2,513
+23
+0.9% +$3.83K
MRC
1864
DELISTED
MRC Global
MRC
$452K ﹤0.01%
32,972
-80,565
-71% -$971K
LTH icon
1865
Life Time Group Holdings
LTH
$9.9B
$451K ﹤0.01%
14,885
+2,063
+16% +$61.2K
MGRC icon
1866
McGrath RentCorp
MGRC
$2.94B
$451K ﹤0.01%
3,888
-611
-14% -$67.8K
THR
1867
DELISTED
Thermon Group Holdings
THR
$450K ﹤0.01%
16,035
+3,676
+30% +$99.6K
DSGR icon
1868
Distribution Solutions Group
DSGR
$1.61B
$448K ﹤0.01%
16,326
+5,194
+47% +$139K
NSSC icon
1869
Napco Security Technologies
NSSC
$1.37B
$448K ﹤0.01%
+15,081
New +$388K
GRC icon
1870
Gorman-Rupp
GRC
$2.11B
$447K ﹤0.01%
12,165
+3,237
+36% +$116K
STNG icon
1871
Scorpio Tankers
STNG
$3.93B
$445K ﹤0.01%
+11,383
New +$444K
FNKO icon
1872
Funko
FNKO
$335M
$445K ﹤0.01%
93,490
+29,234
+45% +$133K
CTS icon
1873
CTS Corp
CTS
$1.79B
$444K ﹤0.01%
+10,412
New +$420K
HL icon
1874
Hecla Mining
HL
$11.9B
$444K ﹤0.01%
74,057
-131,828
-64% -$727K
PLYM
1875
DELISTED
Plymouth Industrial REIT
PLYM
$439K ﹤0.01%
+27,335
New +$427K
73 74
75
76 77

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.