South Dakota Investment Council
Filing Date
Global Rank
#772
/ 8,614
▲ 20
· as of Mar 2026
Top Industry
Semiconductors
9.1%
3Y Alpha vs SPY
-3.3%
Period ended 4 months ago
Filed May 18, 2026 · 59d
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+61.4%
SPY
+73.9%
Annualised alpha
-3.0%
Max drawdown
−19.1%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
612 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
5.3%
−0.0 pts
Top 5
19.6%
−1.7 pts
Top 10
27.1%
−2.6 pts
HHI
122
Diversified−15
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 24.7% | $996,982,366 |
| Healthcare | 13.8% | $554,347,313 |
| Financial Services | 13.3% | $533,993,733 |
| Energy | 10.9% | $439,063,058 |
| Industrials | 10.1% | $407,960,988 |
| Consumer Cyclical | 9.7% | $391,533,720 |
| Communication Services | 6.7% | $271,675,794 |
| Consumer Defensive | 5.2% | $209,183,145 |
| Basic Materials | 2.6% | $106,457,118 |
| Utilities | 2.4% | $98,149,165 |
| Unclassified | 0.3% | $11,973,452 |
| Real Estate | 0.2% | $7,550,211 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VSAT | Viasat Inc | +161,552 | 336,056 | $15,391,364 | |
| ARMK | Aramark | +112,005 | 174,855 | $7,088,621 | |
| HPQ | Hp Inc | +111,475 | 715,294 | $13,740,797 | |
| NVDA | Nvidia Corp | +109,725 | 1,233,387 | $215,102,692 | |
| ZTS | Zoetis Inc. | +96,234 | 220,819 | $26,103,013 | |
| HRB | H&R Block Inc | +84,964 | 97,465 | $3,093,539 | |
| NKE | NIKE, Inc. | +80,300 | 208,477 | $11,011,755 | |
| NCLH | Norwegian Cruise Line Holdings Ltd. | +78,500 | 288,175 | $5,388,872 | |
| MTG | Mgic Investment Corp | +76,800 | 335,644 | $8,810,655 | |
| LPX | Louisiana-Pacific Corp | +76,165 | 97,832 | $7,117,278 | |
| GNTX | Gentex Corp | +75,996 | 421,137 | $9,201,843 | |
| NOW | ServiceNow, Inc. | +72,692 | 76,192 | $7,965,873 | |
| FIS | Fidelity National Information Services, Inc. | +72,040 | 228,021 | $10,696,465 | |
| BBWI | Bath & Body Works, Inc. | +71,255 | 1,756,048 | $32,785,416 | |
| NFLX | Netflix Inc | +69,098 | 85,022 | $8,174,865 | |
| HUM | Humana Inc | +67,707 | 229,090 | $39,721,915 | |
| CARR | CARRIER GLOBAL Corp | +66,068 | 94,081 | $5,297,701 | |
| CDW | CDW Corp | +65,968 | 82,833 | $10,024,449 | |
| MOH | Molina Healthcare, Inc. | +64,985 | 168,307 | $22,435,323 | |
| WTRG | Essential Utilities, Inc. | +63,062 | 150,968 | $6,079,481 | |
| EQH | Equitable Holdings, Inc. | +58,506 | 377,662 | $14,015,036 | |
| RDN | Radian Group Inc | +50,026 | 226,629 | $7,496,887 | |
| NMIH | NMI Holdings, Inc. | +49,256 | 243,319 | $9,126,895 | |
| PPC | Pilgrims Pride Corp | +45,300 | 111,201 | $4,198,949 | |
| MP | MP Materials Corp. / DE | +43,400 | 51,809 | $2,500,302 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| VTOL | Bristow Group Inc. | −801,900 | 1,965,845 | $92,178,472 | |
| CLF | Cleveland-Cliffs Inc. | −632,145 | 24,321 | $205,512 | |
| CENX | Century Aluminum Co | −286,874 | 30,487 | $1,789,282 | |
| APA | APA Corp | −210,124 | 597,035 | $25,338,165 | |
| BMY | Bristol Myers Squibb Co | −170,538 | 176,867 | $10,726,983 | |
| LBRT | Liberty Energy Inc. | −159,414 | 747,194 | $21,519,187 | |
| SNCY | Sun Country Airlines Holdings, LLC | −150,290 | 55,160 | $911,243 | |
| HAL | Halliburton Co | −138,068 | 548,909 | $21,401,961 | |
| DOW | Dow Inc. | −118,400 | 73,481 | $3,060,483 | |
| CSX | Csx Corp | −98,856 | 366,377 | $15,039,775 | |
| DG | Dollar General Corp | −75,771 | 59,855 | $7,106,584 | |
| SHEL | Shell plc | −73,326 | 32,167 | $2,991,531 | |
| CSCO | Cisco Systems, Inc. | −72,209 | 100,291 | $7,781,578 | |
| MTUS | Metallus Inc. | −70,314 | 241,523 | $3,946,485 | |
| MRNA | Moderna, Inc. | −69,478 | 99,552 | $5,057,241 | |
| SW | Smurfit Westrock plc | −69,318 | 321,477 | $12,810,858 | |
| LUV | Southwest Airlines Co | −68,148 | 107,926 | $4,054,779 | |
| SLB | Slb Limited/Nv | −65,536 | 495,917 | $25,485,174 | |
| ACT | Enact Holdings, Inc. | −64,660 | 54,898 | $2,240,387 | |
| OXY | Occidental Petroleum Corp /De/ | −54,787 | 393,064 | $25,549,160 | |
| MO | Altria Group, Inc. | −53,800 | 18,917 | $1,248,332 | |
| XOM | ExxonMobil Holdings Corp | −49,772 | 152,510 | $25,874,846 | |
| AA | Alcoa Corp | −49,079 | 13,304 | $882,454 | |
| FOXA | Fox Corp | −47,308 | 16,163 | $943,919 | |
| NUE | Nucor Corp | −44,448 | 12,353 | $2,088,892 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SM | SM Energy Co | 109,758 | $3,422,254 | |
| HTO | H2o America | 33,900 | $1,988,913 | |
| FN | Fabrinet | 3,570 | $1,861,826 | |
| PINS | Pinterest, Inc. | 84,600 | $1,551,564 | |
| VSNT | Versant Media Group, Inc. | 37,335 | $1,382,141 | |
| ROP | Roper Technologies Inc | 3,580 | $1,266,818 | |
| IRDM | Iridium Communications Inc. | 41,500 | $1,151,210 | |
| DDOG | Datadog, Inc. | 9,500 | $1,121,475 | |
| HL | Hecla Mining Co/De/ | 59,985 | $1,117,520 | |
| PRIM | Primoris Services Corp | 7,800 | $1,115,712 | |
| GXO | GXO Logistics, Inc. | 19,800 | $1,026,630 | |
| APP | AppLovin Corp | 2,520 | $1,002,960 | |
| WDAY | Workday, Inc. | 7,300 | $948,416 | |
| PFS | Provident Financial Services Inc | 39,000 | $825,240 | |
| AMCR | Amcor plc | 20,739 | $824,375 | |
| ATI | Ati Inc | 5,300 | $770,938 | |
| BR | Broadridge Financial Solutions, Inc. | 4,700 | $763,656 | |
| WWD | Woodward, Inc. | 2,066 | $739,462 | |
| SPGI | S&P Global Inc. | 1,320 | $531,171 | |
| MKC | Mccormick & Co Inc | 9,800 | $494,312 | |
| TDG | TransDigm Group INC | 360 | $417,225 | |
| URBN | Urban Outfitters Inc | 4,700 | $297,745 | |
| AAL | American Airlines Group Inc. | 22,600 | $242,724 | |
| HOOD | Robinhood Markets, Inc. | 2,900 | $200,970 | |
| PNFP | Pinnacle Financial Partners, Inc. | 2,000 | $172,280 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
7 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| WBD | Warner Bros. Discovery, Inc. | 129,548 | $3,733,573 | |
| AMR | Alpha Metallurgical Resources, Inc. | 3,258 | $651,209 | |
| TGNA | TEGNA INC | 16,203 | $314,500 | |
| ROK | Rockwell Automation, Inc | 500 | $194,535 | |
| CNQ | CANADIAN NATURAL RESOURCES Ltd | 5,300 | $179,405 | |
| TPR | Tapestry, Inc. | 567 | $72,445 | |
| AMN | Amn Healthcare Services Inc | 4,125 | $65,010 | |
| No positions match the current search. | ||||
612 positions ·
$4,028,870,063 total
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
Showing 1–50
of 612 positions by value
· page 1 of 13
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NVDA |
Nvidia Corp
Technology
|
Added | 1,233,387 | $215,102,692 | 5.34% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 749,700 | $190,266,363 | 4.72% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 461,233 | $170,734,619 | 4.24% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 579,068 | $120,602,492 | 2.99% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 324,336 | $93,266,060 | 2.31% | |
| VTOL |
Bristow Group Inc.
Energy
|
Reduced | 1,965,845 | $92,178,472 | 2.29% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 116,583 | $66,700,631 | 1.66% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 110,356 | $52,882,595 | 1.31% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Added | 173,485 | $46,943,306 | 1.17% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Reduced | 45,200 | $41,573,604 | 1.03% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 132,026 | $40,863,367 | 1.01% | |
| COP |
Conocophillips
Energy
|
Reduced | 303,803 | $40,101,996 | 1.00% | |
| HUM |
Humana Inc
Healthcare
|
Added | 229,090 | $39,721,915 | 0.99% | |
| USB |
US Bancorp De
Financial Services
|
Reduced | 724,399 | $37,675,991 | 0.94% | |
| ELV |
Elevance Health, Inc.
Healthcare
|
Added | 121,181 | $35,475,737 | 0.88% | |
| PFE |
Pfizer Inc
Healthcare
|
Reduced | 1,202,854 | $33,776,140 | 0.84% | |
| EG |
Everest Group, Ltd.
Financial Services
|
Added | 101,931 | $33,316,147 | 0.83% | |
| BBWI |
Bath & Body Works, Inc.
Consumer Cyclical
|
Added | 1,756,048 | $32,785,416 | 0.81% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 97,357 | $29,425,179 | 0.73% | |
| EOG |
Eog Resources Inc
Energy
|
Reduced | 194,644 | $28,139,683 | 0.70% | |
| CMCSA |
Comcast Corp
Communication Services
|
Added | 969,717 | $27,840,575 | 0.69% | |
| AMAT |
Applied Materials Inc /De
Technology
|
Reduced | 81,033 | $27,696,269 | 0.69% | |
| TGT |
Target Corp
Consumer Defensive
|
Reduced | 220,924 | $26,775,988 | 0.66% | |
| UPS |
United Parcel Service Inc
Industrials
|
Added | 271,221 | $26,682,721 | 0.66% | |
| ZTS |
Zoetis Inc.
Healthcare
|
Added | 220,819 | $26,103,013 | 0.65% | |
| TXN |
Texas Instruments Inc
Technology
|
Reduced | 134,132 | $26,040,386 | 0.65% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 152,510 | $25,874,846 | 0.64% | |
| OXY |
Occidental Petroleum Corp /De/
Energy
|
Reduced | 393,064 | $25,549,160 | 0.63% | |
| SLB |
Slb Limited/Nv
Energy
|
Reduced | 495,917 | $25,485,174 | 0.63% | |
| APA |
APA Corp
Energy
|
Reduced | 597,035 | $25,338,165 | 0.63% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 50,524 | $25,244,821 | 0.63% | |
| RGA |
Reinsurance Group Of America Inc
Financial Services
|
Reduced | 118,430 | $24,178,668 | 0.60% | |
| LYB |
LyondellBasell Industries N.V.
Basic Materials
|
Reduced | 293,471 | $23,642,023 | 0.59% | |
| MOH |
Molina Healthcare, Inc.
Healthcare
|
Added | 168,307 | $22,435,323 | 0.56% | |
| STZ |
Constellation Brands, Inc.
Consumer Defensive
|
Reduced | 147,538 | $22,130,700 | 0.55% | |
| ACGL |
Arch Capital Group Ltd.
Financial Services
|
Added | 226,826 | $21,773,027 | 0.54% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Reduced | 179,966 | $21,648,110 | 0.54% | |
| LBRT |
Liberty Energy Inc.
Energy
|
Reduced | 747,194 | $21,519,187 | 0.53% | |
| HAL |
Halliburton Co
Energy
|
Reduced | 548,909 | $21,401,961 | 0.53% | |
| IQV |
Iqvia Holdings Inc.
Healthcare
|
Added | 122,152 | $20,831,802 | 0.52% | |
| WFC |
Wells Fargo & Company/Mn
Financial Services
|
Added | 255,991 | $20,379,443 | 0.51% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 99,534 | $20,248,201 | 0.50% | |
| FANG |
Diamondback Energy, Inc.
Energy
|
Reduced | 102,127 | $20,199,699 | 0.50% | |
| CHRD |
Chord Energy Corp
Energy
|
Reduced | 132,890 | $18,894,300 | 0.47% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Added | 37,908 | $18,632,919 | 0.46% | |
| MTDR |
Matador Resources Co
Energy
|
Reduced | 294,267 | $18,591,789 | 0.46% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 75,642 | $18,489,930 | 0.46% | |
| CNC |
Centene Corp
Healthcare
|
Reduced | 564,618 | $18,485,593 | 0.46% | |
| PVH |
Pvh Corp. /De/
Consumer Cyclical
|
Added | 258,558 | $18,037,006 | 0.45% | |
| C |
Citigroup Inc
Financial Services
|
Reduced | 153,245 | $17,379,515 | 0.43% |