South Dakota Investment Council
Benefit planFiling Date
Global Rank
#783
/ 8,818
▼ 19
Top Industry
Semiconductors
11.7%
Period ended 4 months ago
Filed Aug 11, 2026 · 3mo
26 quarters · since Mar 2020
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Holder type
Benefit plan
Schedule 13D, Apr 10, 2026
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Style
Diversified active
Top 10 weight 40.4%, 38.3 effective positions, active share 51.5% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
27.6% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 20.9 quarters (12+), a floor since 62.4% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 51.5%; sector active share 12.6% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
620 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
10.8%
−0.2 pts
Top 5
29.7%
+0.1 pts
Top 10
40.4%
−0.5 pts
HHI
261
Diversified−5
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 22.9% | $1,337,394,033 |
| Unclassified | 21.5% | $1,254,302,497 |
| Healthcare | 10.4% | $606,743,635 |
| Financial Services | 9.9% | $576,242,932 |
| Industrials | 8.1% | $474,789,516 |
| Consumer Cyclical | 7.6% | $444,032,285 |
| Communication Services | 6.6% | $385,072,455 |
| Energy | 6.0% | $350,632,857 |
| Consumer Defensive | 3.5% | $202,213,462 |
| Utilities | 1.7% | $96,541,482 |
| Basic Materials | 1.6% | $92,588,583 |
| Real Estate | 0.3% | $16,323,649 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VCSH | VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | +569,774 | 2,355,122 | $186,125,291 | |
| NLY | Annaly Capital Management Inc | +373,054 | 730,038 | $16,323,649 | |
| ZTS | Zoetis Inc. | +369,283 | 590,102 | $42,404,729 | |
| HRB | H&R Block Inc | +220,418 | 317,883 | $12,104,984 | |
| AGG | iShares Core U.S. Aggregate Bond ETF | +181,100 | 3,453,435 | $341,820,996 | |
| KDP | Keurig Dr Pepper Inc. | +175,806 | 239,006 | $7,822,666 | |
| UBER | Uber Technologies, Inc | +161,566 | 197,942 | $14,283,494 | |
| PR | Permian Resources Corp | +153,894 | 272,552 | $5,017,682 | |
| BBWI | Bath & Body Works, Inc. | +137,840 | 1,893,888 | $43,805,629 | |
| CDW | CDW Corp | +135,799 | 218,632 | $30,748,404 | |
| CMCSA | Comcast Corp | +127,773 | 1,097,490 | $26,943,379 | |
| MDT | Medtronic plc | +118,667 | 249,346 | $19,506,337 | |
| GEHC | GE HealthCare Technologies Inc. | +116,071 | 260,303 | $16,661,995 | |
| FISV | Fiserv Inc | +111,164 | 325,742 | $15,977,645 | |
| NVDA | Nvidia Corp | +105,283 | 1,338,670 | $267,854,480 | |
| CHTR | Charter Communications, Inc. | +101,411 | 180,839 | $25,717,114 | |
| BLDR | Builders FirstSource, Inc. | +97,540 | 131,041 | $11,725,548 | |
| PPC | Pilgrims Pride Corp | +85,397 | 196,598 | $5,526,369 | |
| PINS | Pinterest, Inc. | +75,193 | 159,793 | $3,360,446 | |
| NFLX | Netflix Inc | +73,077 | 158,099 | $11,288,268 | |
| GXO | GXO Logistics, Inc. | +72,568 | 92,368 | $4,683,057 | |
| BKNG | Booking Holdings Inc. | +65,023 | 67,206 | $11,978,797 | |
| NOW | ServiceNow, Inc. | +64,272 | 140,464 | $13,945,265 | |
| PAYX | Paychex Inc | +63,558 | 80,075 | $7,873,774 | |
| OXY | Occidental Petroleum Corp | +61,992 | 455,056 | $22,102,069 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VTOL | Bristow Group Inc. | −362,227 | 1,603,618 | $66,261,495 | |
| CNC | Centene Corp | −334,228 | 230,390 | $14,788,734 | |
| VWO | VANGUARD EMERGING MARKETS STOCK INDEX FUND | −305,463 | 10,336,538 | $616,987,953 | |
| VTRS | Viatris Inc | −298,005 | 39,544 | $627,958 | |
| VSAT | Viasat Inc | −211,185 | 124,871 | $11,214,664 | |
| CSX | Csx Corp | −179,640 | 186,737 | $8,875,609 | |
| LBRT | Liberty Energy Inc. | −177,212 | 569,982 | $14,927,828 | |
| MTG | Mgic Investment Corp | −161,281 | 174,363 | $4,917,036 | |
| HUM | Humana Inc | −150,194 | 78,896 | $31,339,069 | |
| TGT | Target Corp | −105,783 | 115,141 | $15,038,566 | |
| DAL | Delta Air Lines, Inc. | −86,114 | 33,586 | $3,145,664 | |
| UNH | Unitedhealth Group Inc | −79,497 | 93,988 | $39,064,232 | |
| LUV | Southwest Airlines Co | −78,091 | 29,835 | $1,534,115 | |
| CVS | CVS HEALTH Corp | −70,037 | 118,914 | $12,301,653 | |
| PVH | Pvh Corp. | −63,807 | 194,751 | $14,462,209 | |
| VFC | V F Corp | −57,207 | 57,217 | $954,379 | |
| MTUS | Metallus Inc. | −54,946 | 186,577 | $3,487,124 | |
| KO | Coca Cola Co | −50,405 | 45,489 | $3,696,891 | |
| CPRI | Capri Holdings Ltd | −50,226 | 236,406 | $4,390,059 | |
| SLB | Slb Limited | −49,038 | 446,879 | $20,775,404 | |
| INTC | Intel Corp | −43,538 | 215,629 | $30,108,277 | |
| MRNA | Moderna, Inc. | −41,181 | 58,371 | $4,087,721 | |
| CC | Chemours Co | −40,000 | 45,659 | $936,922 | |
| MOH | Molina Healthcare, Inc. | −38,031 | 130,276 | $29,794,121 | |
| CUBI | Customers Bancorp, Inc. | −37,383 | 70,221 | $5,554,481 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| VT | VANGUARD TOTAL WORLD STOCK INDEX FUND | 97,932 | $15,370,427 | |
| BSX | Boston Scientific Corp | 268,163 | $11,445,196 | |
| ENTG | Entegris Inc | 58,389 | $10,501,845 | |
| AEIS | Advanced Energy Industries Inc | 20,418 | $7,613,259 | |
| HONA | Honeywell Aerospace Inc. | 33,571 | $7,421,876 | |
| LECO | Lincoln Electric Holdings Inc | 12,271 | $3,258,073 | |
| MTZ | Mastec Inc | 6,173 | $2,568,338 | |
| SCSC | Scansource, Inc. | 42,455 | $2,211,480 | |
| FDXF | FedEx Freight Holding Company, Inc. | 12,703 | $1,918,153 | |
| PLAB | Photronics Inc | 53,762 | $1,748,877 | |
| MRVL | Marvell Technology, Inc. | 5,800 | $1,727,762 | |
| PENG | Penguin Solutions, Inc. | 22,700 | $1,725,427 | |
| ACMR | ACM Research, Inc. | 13,185 | $1,673,044 | |
| MTSI | MACOM Technology Solutions Holdings, Inc. | 4,250 | $1,616,572 | |
| ONTO | Onto Innovation Inc. | 4,100 | $1,551,645 | |
| CRS | Carpenter Technology Corp | 2,250 | $1,387,890 | |
| TSCO | Tractor Supply Co | 43,600 | $1,378,196 | |
| MCD | Mcdonalds Corp | 3,760 | $1,016,365 | |
| GWRE | Guidewire Software, Inc. | 7,700 | $947,485 | |
| KEX | Kirby Corp | 5,900 | $802,223 | |
| ALGT | Allegiant Travel CO | 6,338 | $745,348 | |
| CPRT | Copart Inc | 21,700 | $611,723 | |
| DOCN | DigitalOcean Holdings, Inc. | 3,700 | $581,011 | |
| ADSK | Autodesk, Inc. | 2,700 | $524,934 | |
| PNR | PENTAIR plc | 6,775 | $519,371 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| COHR | Coherent Corp. | 21,001 | $5,002,648 | |
| CASY | Caseys General Stores Inc | 6,582 | $4,790,774 | |
| GVA | Granite Construction Inc | 39,138 | $4,691,863 | |
| MTCH | Match Group, Inc. | 105,898 | $3,252,127 | |
| PLMR | Palomar Holdings, Inc. | 21,319 | $2,547,620 | |
| RMBS | Rambus Inc | 28,613 | $2,461,576 | |
| CRK | Comstock Resources Inc | 101,726 | $2,144,384 | |
| LPLA | LPL Financial Holdings Inc. | 5,147 | $1,548,372 | |
| SF | Stifel Financial Corp | 16,045 | $1,186,046 | |
| VNT | Vontier Corp | 32,003 | $1,135,146 | |
| MGM | MGM Resorts International | 18,500 | $684,685 | |
| BRKR | Bruker Corp | 12,000 | $433,440 | |
| SMPL | Simply Good Foods Co | 26,063 | $374,004 | |
| AVTR | Avantor, Inc. | 45,000 | $352,800 | |
| QDEL | QuidelOrtho Corp | 13,633 | $223,990 | |
| CLF | Cleveland-Cliffs Inc. | 24,321 | $205,512 | |
| YELP | Yelp Inc | 5,100 | $126,174 | |
| ENSG | Ensign Group, Inc | 581 | $117,071 | |
| HCC | Warrior Met Coal, Inc. | 1,172 | $109,171 | |
| ADMA | Adma Biologics, Inc. | 9,500 | $85,595 | |
| TJX | Tjx Companies Inc | 300 | $47,910 | |
| BRBR | Bellring Brands, Inc. | 2,392 | $38,487 | |
| — | 149 | $10,343 | ||
| HAS | Hasbro, Inc. | 90 | $8,424 | |
| MAGN | Magnera Corp | 683 | $6,495 | |
| No positions match the current search. | ||||
620 tracked positions ·
$5,836,877,386 total
· filing declares
621 positions · $5,837,612
· as of Jun 30, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 620 positions by value
· page 1 of 13
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| VWO |
VANGUARD EMERGING MARKETS STOCK INDEX FUND
|
Reduced | 10,336,538 | $616,987,953 | 10.57% | |
| AGG |
iShares Core U.S. Aggregate Bond ETF
|
Added | 3,453,435 | $341,820,996 | 5.86% | |
| NVDA |
Nvidia Corp
Technology
|
Added | 1,338,670 | $267,854,480 | 4.59% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 744,947 | $215,557,863 | 3.69% | |
| VCSH |
VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND
|
Added | 2,355,122 | $186,125,291 | 3.19% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 458,784 | $171,135,607 | 2.93% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 564,563 | $134,557,945 | 2.31% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 304,600 | $108,854,902 | 1.86% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 262,529 | $92,759,371 | 1.59% | |
| USHY |
iShares Broad USD High Yield Corporate Bond ETF
|
Added | 2,006,500 | $74,280,630 | 1.27% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 121,131 | $68,231,880 | 1.17% | |
| VTOL |
Bristow Group Inc.
Energy
|
Reduced | 1,603,618 | $66,261,495 | 1.14% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 162,684 | $61,453,881 | 1.05% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 95,975 | $55,752,837 | 0.96% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 107,973 | $54,028,609 | 0.93% | |
| AMAT |
Applied Materials Inc
Technology
|
Reduced | 69,528 | $50,268,744 | 0.86% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Reduced | 41,297 | $49,532,864 | 0.85% | |
| BBWI |
Bath & Body Works, Inc.
Consumer Cyclical
|
Added | 1,893,888 | $43,805,629 | 0.75% | |
| ZTS |
Zoetis Inc.
Healthcare
|
Added | 590,102 | $42,404,729 | 0.73% | |
| USB |
US Bancorp De
Financial Services
|
Reduced | 701,020 | $42,341,608 | 0.73% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Reduced | 93,988 | $39,064,232 | 0.67% | |
| ELV |
Elevance Health, Inc.
Healthcare
|
Reduced | 100,835 | $38,995,919 | 0.67% | |
| EG |
Everest Group, Ltd.
Financial Services
|
Added | 102,992 | $36,791,832 | 0.63% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 31,275 | $36,100,419 | 0.62% | |
| TXN |
Texas Instruments Inc
Technology
|
Reduced | 115,087 | $34,303,982 | 0.59% | |
| COP |
Conocophillips
Energy
|
Added | 327,723 | $34,070,083 | 0.58% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 95,912 | $32,906,448 | 0.56% | |
| LRCX |
Lam Research Corp
Technology
|
Reduced | 74,624 | $32,336,817 | 0.55% | |
| HUM |
Humana Inc
Healthcare
|
Reduced | 78,896 | $31,339,069 | 0.54% | |
| CDW |
CDW Corp
Technology
|
Added | 218,632 | $30,748,404 | 0.53% | |
| UPS |
United Parcel Service Inc
Industrials
|
Added | 280,661 | $30,171,057 | 0.52% | |
| INTC |
Intel Corp
Technology
|
Reduced | 215,629 | $30,108,277 | 0.52% | |
| MOH |
Molina Healthcare, Inc.
Healthcare
|
Reduced | 130,276 | $29,794,121 | 0.51% | |
| PFE |
Pfizer Inc
Healthcare
|
Reduced | 1,166,118 | $28,080,121 | 0.48% | |
| CMCSA |
Comcast Corp
Communication Services
|
Added | 1,097,490 | $26,943,379 | 0.46% | |
| RGA |
Reinsurance Group Of America Inc
Financial Services
|
Added | 126,629 | $26,927,656 | 0.46% | |
| WFC |
Wells Fargo & Company
Financial Services
|
Added | 315,522 | $26,074,738 | 0.45% | |
| IQV |
Iqvia Holdings Inc.
Healthcare
|
Added | 134,669 | $26,020,744 | 0.45% | |
| MA |
Mastercard Inc
Financial Services
|
Reduced | 50,246 | $25,806,345 | 0.44% | |
| CHTR |
Charter Communications, Inc.
Communication Services
|
Added | 180,839 | $25,717,114 | 0.44% | |
| EOG |
Eog Resources Inc
Energy
|
Reduced | 191,076 | $24,788,289 | 0.42% | |
| ALK |
Alaska Air Group, Inc.
Industrials
|
Added | 463,482 | $24,193,760 | 0.41% | |
| RNR |
Renaissancere Holdings Ltd
Financial Services
|
Added | 70,505 | $22,343,034 | 0.38% | |
| OXY |
Occidental Petroleum Corp
Energy
|
Added | 455,056 | $22,102,069 | 0.38% | |
| ACGL |
Arch Capital Group Ltd.
Financial Services
|
Reduced | 225,526 | $21,889,553 | 0.38% | |
| DHR |
Danaher Corp
Healthcare
|
Added | 114,619 | $21,832,627 | 0.37% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Reduced | 166,665 | $21,416,452 | 0.37% | |
| SLB |
Slb Limited
Energy
|
Reduced | 446,879 | $20,775,404 | 0.36% | |
| STZ |
Constellation Brands, Inc.
Consumer Defensive
|
Reduced | 146,098 | $20,320,770 | 0.35% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 145,930 | $19,951,549 | 0.34% |
Showing the top 50 of 620 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.