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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
+4.72%
1 Year Est. Return
+28.93%
3 Year Est. Return
+100.69%
5 Year Est. Return
+135.6%
10 Year Est. Return
–
AUM
$25.7B
AUM Growth
+$642M
(+2.6%)
Cap. Flow
+$82.9M
Cap. Flow
% of AUM
0.32%
Top 10 Holdings %
Top 10 Hldgs %
32.88%
Holding
1,024
New
3
Increased
727
Reduced
282
Closed
11
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Home Depot
HD
|
+$20.9M |
| 2 |
Amazon
AMZN
|
+$15.5M |
| 3 |
Automatic Data Processing
ADP
|
+$12.9M |
| 4 |
Microsoft
MSFT
|
+$10.8M |
| 5 |
ConocoPhillips
COP
|
+$10.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$20M |
| 2 |
Republic Services
RSG
|
+$15.5M |
| 3 |
Bank of America
BAC
|
+$14.6M |
| 4 |
Apple
AAPL
|
+$12.4M |
| 5 |
MRO
Marathon Oil Corporation
MRO
|
+$9.91M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.9% |
| 2 | Financials | 13.35% |
| 3 | Consumer Discretionary | 11.57% |
| 4 | Healthcare | 10.51% |
| 5 | Communication Services | 9.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Bank of America
BAC
$452B
| $132M | 0.52% |
3,011,171
-331,049
| -10% | -$14.6M |
|
27
Cisco
CSCO
$450B
| $125M | 0.49% |
2,108,786
-8,610
| -0.4% | -$492K |
|
28
Merck
MRK
$331B
| $122M | 0.48% |
1,225,418
+18,811
| +2% | +$1.94M |
|
29
Chevron
CVX
$382B
| $110M | 0.43% |
758,071
+4,760
| +0.6% | +$729K |
|
30
IBM
IBM
$224B
| $109M | 0.42% |
495,574
+4,131
| +0.8% | +$920K |
|
31
Coca-Cola
KO
$376B
| $109M | 0.42% |
1,749,506
+8,260
| +0.5% | +$539K |
|
32
Wells Fargo
WFC
$267B
| $106M | 0.41% |
1,505,221
-69,410
| -4% | -$4.74M |
|
33
ServiceNow
NOW
$130B
| $104M | 0.4% |
488,535
+2,990
| +0.6% | +$606K |
|
34
Accenture
ACN
$112B
| $99.7M | 0.39% |
283,477
+1,280
| +0.5% | +$461K |
|
35
Adobe
ADBE
$104B
| $94.8M | 0.37% |
213,228
+2,361
| +1% | +$1.17M |
|
36
PepsiCo
PEP
$191B
| $94.8M | 0.37% |
623,313
+5,020
| +0.8% | +$822K |
|
37
McDonald's
MCD
$196B
| $94.4M | 0.37% |
325,499
+1,470
| +0.5% | +$438K |
|
38
Walt Disney
DIS
$180B
| $94.2M | 0.37% |
845,749
+529
| +0.1% | +$55.6K |
|
39
Abbott
ABT
$194B
| $92.8M | 0.36% |
820,347
+42,660
| +5% | +$4.93M |
|
40
Thermo Fisher Scientific
TMO
$222B
| $90.8M | 0.35% |
174,586
-15,864
| -8% | -$8.72M |
|
41
Texas Instruments
TXN
$254B
| $90.5M | 0.35% |
482,398
+4,651
| +1% | +$930K |
|
42
American Express
AXP
$232B
| $90.4M | 0.35% |
304,439
+2,390
| +0.8% | +$687K |
|
43
Qualcomm
QCOM
$174B
| $90.2M | 0.35% |
587,206
+5,288
| +0.9% | +$866K |
|
44
Linde
LIN
$222B
| $88.5M | 0.34% |
211,395
+1,320
| +0.6% | +$602K |
|
45
Intuit
INTU
$93.9B
| $88.4M | 0.34% |
140,693
+1,514
| +1% | +$967K |
|
46
Advanced Micro Devices
AMD
$806B
| $87.6M | 0.34% |
725,175
+4,340
| +0.6% | +$624K |
|
47
AT&T
T
$166B
| $86.3M | 0.34% |
3,790,275
-288,708
| -7% | -$6.5M |
|
48
Philip Morris
PM
$298B
| $86.2M | 0.34% |
716,633
+5,494
| +0.8% | +$693K |
|
49
Intuitive Surgical
ISRG
$141B
| $83.7M | 0.33% |
160,391
+766
| +0.5% | +$399K |
|
50
Caterpillar
CAT
$392B
| $83.2M | 0.32% |
229,295
+1,873
| +0.8% | +$726K |
|
Similar funds
GAM
Treasurer of the State of North Carolina's Q4 2024 Portfolio in Review
As of Q4 2024, Treasurer of the State of North Carolina held 1,024 positions worth $25.7B, up 2.6% from $25B the previous quarter. Its ten largest holdings account for 33% of the portfolio.
Trading was light in Q4 2024: portfolio turnover was 1.4%. Treasurer of the State of North Carolina opened 3 new positions and exited 11, leaving the 1,024-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Financials and Consumer Discretionary.
- Treasurer of the State of North Carolina's largest Q4 2024 buy was Everus Construction Group: 22,322 shares worth $1.47M.
- Treasurer of the State of North Carolina added most to Home Depot in Q4 2024, an estimated $20.9M increase.
- Treasurer of the State of North Carolina's biggest Q4 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $20M.
- Treasurer of the State of North Carolina fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $9.91M.
- Treasurer of the State of North Carolina's ten largest holdings make up 33% of its $25.7B portfolio in Q4 2024.
- Treasurer of the State of North Carolina opened 3 new positions and closed 11 in Q4 2024.
- Treasurer of the State of North Carolina's portfolio value rose 2.6% quarter-over-quarter to $25.7B.
Based on Treasurer of the State of North Carolina's 13F filing for Q4 2024, filed 13 Feb 2025.