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
CDW icon
401
CDW
CDW
$17.8B
$9.85M 0.04%
61,485
+830
+1% +$151K
UTHR icon
402
United Therapeutics
UTHR
$21.5B
$9.77M 0.04%
31,702
-9,562
-23% -$3.28M
WY icon
403
Weyerhaeuser
WY
$17.9B
$9.77M 0.04%
333,593
+4,460
+1% +$133K
FCNCA icon
404
First Citizens BancShares
FCNCA
$25.6B
$9.76M 0.04%
5,264
-902
-15% -$1.84M
INVH icon
405
Invitation Homes
INVH
$18B
$9.76M 0.04%
280,041
+10,930
+4% +$353K
OHI icon
406
Omega Healthcare
OHI
$13.9B
$9.74M 0.04%
255,781
+5,184
+2% +$193K
WRB icon
407
W.R. Berkley
WRB
$26.2B
$9.57M 0.04%
134,466
-62,540
-32% -$3.83M
MKC icon
408
McCormick & Company Non-Voting
MKC
$14.6B
$9.49M 0.04%
115,272
-55,074
-32% -$4.32M
LYV icon
409
Live Nation Entertainment
LYV
$43.3B
$9.44M 0.04%
72,263
+2,820
+4% +$385K
IBKR icon
410
Interactive Brokers
IBKR
$41.4B
$9.38M 0.04%
226,480
+35,880
+19% +$1.78M
NVR icon
411
NVR
NVR
$17B
$9.32M 0.04%
1,286
+20
+2% +$152K
RPRX icon
412
Royalty Pharma
RPRX
$26.1B
$9.25M 0.04%
297,189
+125,100
+73% +$3.97M
TROW icon
413
T. Rowe Price
TROW
$23.7B
$9.22M 0.04%
100,375
+3,910
+4% +$413K
LUV icon
414
Southwest Airlines
LUV
$22B
$9.18M 0.04%
273,396
+3,660
+1% +$116K
BIIB icon
415
Biogen
BIIB
$31.1B
$9.12M 0.04%
66,670
-22,017
-25% -$3.15M
IFF icon
416
International Flavors & Fragrances
IFF
$21.4B
$9.08M 0.04%
117,016
+1,539
+1% +$127K
RF icon
417
Regions Financial
RF
$27B
$9.04M 0.04%
415,769
+1,056
+0.3% +$24.6K
ESS icon
418
Essex Property Trust
ESS
$18.5B
$8.95M 0.04%
29,208
+805
+3% +$235K
LH icon
419
Labcorp
LH
$26.2B
$8.95M 0.04%
38,465
+510
+1% +$124K
MAA icon
420
Mid-America Apartment Communities
MAA
$15.6B
$8.9M 0.04%
53,137
+700
+1% +$111K
CF icon
421
CF Industries
CF
$17.7B
$8.85M 0.04%
113,175
+3,482
+3% +$292K
DG icon
422
Dollar General
DG
$26.9B
$8.84M 0.04%
100,544
-64,021
-39% -$4.85M
ALSN icon
423
Allison Transmission
ALSN
$10.2B
$8.81M 0.04%
92,143
+1,684
+2% +$179K
NRG icon
424
NRG Energy
NRG
$25.2B
$8.81M 0.04%
92,310
+1,930
+2% +$195K
NTRS icon
425
Northern Trust
NTRS
$34.8B
$8.75M 0.03%
88,657
+262
+0.3% +$27.8K
15 16
17
18 19

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.