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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
(-1.2%)
Cap. Flow
+$1.41B
Cap. Flow
% of AUM
3.64%
Top 10 Holdings %
Top 10 Hldgs %
25.43%
Holding
2,386
New
123
Increased
1,235
Reduced
836
Closed
145
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco S&P 500 Equal Weight ETF
RSP
|
+$795M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$386M |
| 3 |
EFFE
Harbor Osmosis Emerging Markets Resource Efficient ETF
EFFE
|
+$105M |
| 4 |
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 |
iShares Bitcoin Trust
IBIT
|
+$322M |
| 2 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$85.2M |
| 3 |
HEICO Corp Class A
HEI.A
|
+$34.6M |
| 4 |
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 | |
|---|---|---|---|---|---|---|
2126
Mineralys Therapeutics
MLYS
$2.33B
| $163K | ﹤0.01% |
+10,254
| New | +$118K |
|
2127
Deluxe
DLX
$1.1B
| $163K | ﹤0.01% |
10,285
-7,977
| -44% | -$151K |
|
2128
Northwest Bancshares
NWBI
$2.31B
| $162K | ﹤0.01% |
13,457
+1,058
| +9% | +$13.4K |
|
2129
Luxfer Holdings
LXFR
$457M
| $161K | ﹤0.01% |
+13,538
| New | +$177K |
|
|
TRUE
2130
DELISTED
TrueCar
TRUE
| $159K | ﹤0.01% |
100,800
+23,600
| +31% | +$65.5K |
|
2131
Annexon
ANNX
$868M
| $158K | ﹤0.01% |
81,636
+12,388
| +18% | +$41.2K |
|
2132
GrafTech
EAF
$206M
| $157K | ﹤0.01% |
18,000
| – | – |
|
2133
E.W. Scripps
SSP
$310M
| $154K | ﹤0.01% |
52,100
| – | – |
|
2134
Vera Bradley
VRA
$95M
| $154K | ﹤0.01% |
68,300
-2,874
| -4% | -$9.29K |
|
2135
Adeia
ADEA
$3.15B
| $153K | ﹤0.01% |
11,597
+805
| +7% | +$11.2K |
|
2136
OraSure Technologies
OSUR
$274M
| $153K | ﹤0.01% |
45,436
+580
| +1% | +$2.14K |
|
2137
Perimeter Solutions
PRM
$5.68B
| $149K | ﹤0.01% |
14,801
+2,150
| +17% | +$24.1K |
|
2138
Clover Health Investments
CLOV
$2.38B
| $148K | ﹤0.01% |
41,161
+1,486
| +4% | +$5.97K |
|
2139
Maravai LifeSciences
MRVI
$873M
| $147K | ﹤0.01% |
66,643
-314,872
| -83% | -$1.24M |
|
2140
Hope Bancorp
HOPE
$1.84B
| $145K | ﹤0.01% |
13,841
+1,777
| +15% | +$19.9K |
|
|
TWO
2141
Two Harbors Investment
TWO
$1.26B
| $144K | ﹤0.01% |
+10,807
| New | +$140K |
|
|
PKST
2142
DELISTED
Peakstone Realty Trust
PKST
| $143K | ﹤0.01% |
11,369
-23,932
| -68% | -$271K |
|
2143
Biote Corp
BTMD
$43.3M
| $142K | ﹤0.01% |
42,600
-5,701
| -12% | -$27.2K |
|
|
ARI
2144
Apollo Commercial Real Estate
ARI
$887M
| $141K | ﹤0.01% |
14,724
+3,701
| +34% | +$35.1K |
|
|
PVBC
2145
DELISTED
Provident Bancorp
PVBC
| $139K | ﹤0.01% |
12,150
-2,850
| -19% | -$33.3K |
|
2146
Sana Biotechnology
SANA
$1.1B
| $139K | ﹤0.01% |
+82,750
| New | +$231K |
|
2147
Agilon Health
AGL
$1.5B
| $137K | ﹤0.01% |
1,267
+75
| +6% | +$6.53K |
|
2148
Primis Financial Corp
FRST
$414M
| $137K | ﹤0.01% |
14,000
-8,200
| -37% | -$87.5K |
|
2149
Claros Mortgage Trust
CMTG
$269M
| $136K | ﹤0.01% |
36,384
+25,391
| +231% | +$87.2K |
|
2150
Fennec Pharmaceuticals
FENC
$425M
| $134K | ﹤0.01% |
22,000
-12,000
| -35% | -$77.1K |
|
Similar funds
LP
HF
TI
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.