We are live on ! Find out more
Treasurer of the State of North Carolina

Treasurer of the State of North Carolina Portfolio holdings

AUM $31.8B
1-Year Est. Return 28.93%
This Fund
S&P 500
This Quarter Est. Return
-2.86%
1 Year Est. Return
+28.93%
3 Year Est. Return
+100.69%
5 Year Est. Return
+135.6%
10 Year Est. Return
–
AUM
$25.1B
AUM Growth
-$516M
Cap. Flow
+$759M
Cap. Flow %
3.02%
Top 10 Hldgs %
29.86%
Holding
1,017
New
4
Increased
825
Reduced
177
Closed
10

Top Buys

Rank Stock Value
1
IWM icon
iShares Russell 2000 ETF
IWM
+$316M
2
AAPL icon
Apple
AAPL
+$96.8M
3
MSFT icon
Microsoft
MSFT
+$47.1M
4
V icon
Visa
V
+$43.8M
5
AMZN icon
Amazon
AMZN
+$38.8M

Top Sells

Rank Stock Value
1
AXP icon
American Express
AXP
+$7.48M
2
GIS icon
General Mills
GIS
+$7.43M
3
DOX icon
Amdocs
DOX
+$7.39M
4
ALNY icon
Alnylam Pharmaceuticals
ALNY
+$7.19M
5
BMY icon
Bristol-Myers Squibb
BMY
+$7.09M

Sector Composition

Rank Sector Weight
1 Technology 29.39%
2 Financials 14.2%
3 Healthcare 10.94%
4 Consumer Discretionary 10.42%
5 Communication Services 9.11%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EHC icon
376
Encompass Health
EHC
$12.2B
$10.7M 0.04%
105,882
-8,505
-7% -$830K
CNP icon
377
CenterPoint Energy
CNP
$26.7B
$10.7M 0.04%
295,331
+11,530
+4% +$386K
WPC icon
378
W.P. Carey
WPC
$16.3B
$10.7M 0.04%
169,009
+20,404
+14% +$1.21M
SW
379
Smurfit Westrock
SW
$26.2B
$10.7M 0.04%
236,555
+3,110
+1% +$158K
FE icon
380
FirstEnergy
FE
$27.1B
$10.7M 0.04%
263,474
+10,280
+4% +$409K
RVTY icon
381
Revvity
RVTY
$13.1B
$10.6M 0.04%
100,370
+51
+0.1% +$5.88K
TDY icon
382
Teledyne Technologies
TDY
$31.2B
$10.5M 0.04%
21,187
+830
+4% +$411K
ADM icon
383
Archer Daniels Midland
ADM
$38.6B
$10.5M 0.04%
218,229
-12,650
-5% -$612K
ES icon
384
Eversource Energy
ES
$27.2B
$10.4M 0.04%
167,909
+10,520
+7% +$628K
CVNA icon
385
Carvana
CVNA
$81B
$10.4M 0.04%
247,550
+2,350
+1% +$104K
CINF icon
386
Cincinnati Financial
CINF
$26.5B
$10.3M 0.04%
70,061
+922
+1% +$130K
CCL icon
387
Carnival Corporation Ltd
CCL
$38.9B
$10.3M 0.04%
527,825
+18,490
+4% +$440K
VRSN icon
388
VeriSign
VRSN
$26B
$10.3M 0.04%
40,459
+1,486
+4% +$338K
ZBH icon
389
Zimmer Biomet
ZBH
$19B
$10.3M 0.04%
90,652
+1,184
+1% +$127K
EIX icon
390
Edison International
EIX
$27.2B
$10.3M 0.04%
174,096
+6,790
+4% +$390K
HAL icon
391
Halliburton
HAL
$27.4B
$10.2M 0.04%
403,455
+15,740
+4% +$414K
CMS icon
392
CMS Energy
CMS
$22.1B
$10.2M 0.04%
136,200
+5,320
+4% +$372K
STE icon
393
Steris
STE
$23B
$10.2M 0.04%
45,104
+595
+1% +$131K
EXPE icon
394
Expedia Group
EXPE
$39.4B
$10.2M 0.04%
60,742
-6,391
-10% -$1.16M
FOXA icon
395
Fox Class A
FOXA
$27.5B
$10.2M 0.04%
180,263
+4,167
+2% +$220K
DOCU
396
DocuSign
DOCU
$12.2B
$10.2M 0.04%
125,267
+1,807
+1% +$158K
AKAM icon
397
Akamai
AKAM
$18B
$10.2M 0.04%
126,117
-20,840
-14% -$1.87M
WAT icon
398
Waters Corp
WAT
$40.6B
$9.94M 0.04%
26,967
+353
+1% +$137K
HBAN icon
399
Huntington Bancshares
HBAN
$35.9B
$9.92M 0.04%
660,700
+8,858
+1% +$143K
K
400
DELISTED
Kellanova
K
$9.9M 0.04%
119,977
+4,680
+4% +$384K
14 15
16
17 18

Similar funds

Gates Foundation Trust
Gates Foundation Trust Kirkland, Washington $31.7B AUM 20.52% 1-Year Est. Return
Hotchkis & Wiley Capital Management
Hotchkis & Wiley Capital Management Los Angeles, California $32.4B AUM 17.21% 1-Year Est. Return
GAM
Gotham Asset Management New York $32.7B AUM 27.65% 1-Year Est. Return
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS) Columbus, Ohio $30.9B AUM 29.72% 1-Year Est. Return
Lord, Abbett & Co
Lord, Abbett & Co Jersey City, New Jersey $30.6B AUM 57.44% 1-Year Est. Return
BAMCO Inc
BAMCO Inc New York $33.1B AUM 11.16% 1-Year Est. Return
Eagle Capital Management (New York)
Eagle Capital Management (New York) New York $29.8B AUM 12.13% 1-Year Est. Return
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury Nashville, Tennessee $29.8B AUM 29.48% 1-Year Est. Return

Treasurer of the State of North Carolina's Q1 2025 Portfolio in Review

As of Q1 2025, Treasurer of the State of North Carolina held 1,017 positions worth $25.1B, down 2% from $25.7B the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Treasurer of the State of North Carolina deployed $759M of net new capital in Q1 2025, opening 4 new positions and adding to 825 existing holdings. Its largest new stake was iShares Russell 2000 ETF: 1,458,235 shares worth $291M.

By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 32% a quarter earlier, followed by Financials and Healthcare.

On the sell side, the largest reduction was American Express, an estimated $7.48M trimmed.

  • Treasurer of the State of North Carolina's largest Q1 2025 buy was iShares Russell 2000 ETF: 1,458,235 shares worth $291M.
  • Treasurer of the State of North Carolina added most to Apple in Q1 2025, an estimated $96.8M increase.
  • Treasurer of the State of North Carolina's biggest Q1 2025 reduction was American Express, cutting an estimated $7.48M.
  • Treasurer of the State of North Carolina fully exited Yum China in Q1 2025, selling an estimated $4.15M.
  • Treasurer of the State of North Carolina's ten largest holdings make up 30% of its $25.1B portfolio in Q1 2025.
  • Treasurer of the State of North Carolina opened 4 new positions and closed 10 in Q1 2025.
  • Treasurer of the State of North Carolina's portfolio value fell 2% quarter-over-quarter to $25.1B.

Based on Treasurer of the State of North Carolina's 13F filing for Q1 2025, filed 15 May 2025.