Treasurer of the State of North Carolina
Filing Date
Global Rank
#213
/ 8,622
▲ 2
· as of Mar 2026
Top Industry
Semiconductors
12.1%
3Y Alpha vs SPY
-0.6%
Period ended 4 months ago
Filed May 14, 2026 · 3mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+65.3%
SPY
+67.9%
Annualised alpha
-0.6%
Max drawdown
−18.9%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
989 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
6.5%
−0.2 pts
Top 5
22.8%
−1.9 pts
Top 10
31.9%
−2.7 pts
HHI
152
Diversified−20
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 33.3% | $9,847,036,114 |
| Financial Services | 12.8% | $3,792,841,786 |
| Consumer Cyclical | 10.3% | $3,051,359,228 |
| Healthcare | 10.0% | $2,951,504,569 |
| Industrials | 9.3% | $2,745,204,133 |
| Communication Services | 8.0% | $2,362,986,735 |
| Consumer Defensive | 5.0% | $1,488,337,435 |
| Energy | 3.8% | $1,128,437,090 |
| Utilities | 2.9% | $864,340,395 |
| Basic Materials | 2.3% | $666,558,183 |
| Real Estate | 2.2% | $663,858,099 |
| Unclassified | 0.0% | $13,124,458 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NVDA | Nvidia Corp | +308,380 | 10,995,140 | $1,917,552,416 | |
| HBAN | Huntington Bancshares Inc /Md/ | +209,942 | 858,744 | $13,439,343 | |
| AMZN | Amazon Com Inc | +156,064 | 4,811,413 | $1,002,072,985 | |
| CSCO | Cisco Systems, Inc. | +134,052 | 2,708,172 | $210,127,065 | |
| BAC | Bank Of America Corp /De/ | +119,901 | 3,780,999 | $184,323,701 | |
| AAPL | Apple Inc. | +118,897 | 6,781,124 | $1,720,981,459 | |
| FITB | Fifth Third Bancorp | +117,317 | 482,065 | $22,396,739 | |
| PFE | Pfizer Inc | +105,979 | 2,988,638 | $83,920,955 | |
| MSFT | Microsoft Corp | +102,358 | 3,531,845 | $1,307,383,063 | |
| PG | PROCTER & GAMBLE Co | +84,000 | 1,648,446 | $238,101,540 | |
| GOOGL | Alphabet Inc. | +83,888 | 2,805,763 | $806,825,208 | |
| AVGO | Broadcom Inc. | +82,685 | 2,394,010 | $740,970,035 | |
| INTC | Intel Corp | +79,224 | 2,289,593 | $101,039,739 | |
| NFLX | Netflix Inc | +73,856 | 2,176,036 | $209,225,861 | |
| PANW | Palo Alto Networks Inc | +69,955 | 433,438 | $69,488,780 | |
| CCL | Carnival Corp Ltd. | +68,952 | 811,943 | $21,013,084 | |
| ETR | Entergy Corp /De/ | +68,696 | 854,923 | $96,059,148 | |
| GEN | Gen Digital Inc. | +65,432 | 855,763 | $16,114,017 | |
| T | At&T Inc. | +63,042 | 2,958,929 | $85,779,351 | |
| JNJ | Johnson & Johnson | +62,089 | 1,442,664 | $352,644,788 | |
| SF | Stifel Financial Corp | +61,240 | 161,843 | $11,963,434 | |
| RYN | Rayonier Inc | +60,737 | 127,456 | $2,628,142 | |
| EVRG | Evergy, Inc. | +60,581 | 699,185 | $57,277,235 | |
| FCX | Freeport-Mcmoran Inc | +60,502 | 1,099,864 | $64,650,005 | |
| MDT | Medtronic plc | +55,031 | 994,123 | $86,140,757 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| WRB | Berkley W R Corp | −25,330 | 96,254 | $6,379,715 | |
| JCI | Johnson Controls International plc | −14,558 | 262,058 | $34,316,495 | |
| ACI | Albertsons Companies, Inc. | −14,508 | 151,046 | $2,573,823 | |
| BEN | Franklin Resources Inc | −12,393 | 114,869 | $2,713,205 | |
| FHN | First Horizon Corp | −4,749 | 205,887 | $4,685,988 | |
| PENN | PENN Entertainment, Inc. | −4,247 | 56,244 | $845,347 | |
| BIRK | Birkenstock Holding plc | −3,922 | 18,388 | $658,842 | |
| EQH | Equitable Holdings, Inc. | −3,711 | 122,268 | $4,537,365 | |
| PK | Park Hotels & Resorts Inc. | −3,010 | 79,267 | $834,681 | |
| BRBR | Bellring Brands, Inc. | −2,488 | 50,156 | $807,010 | |
| EQT | EQT Corp | −2,448 | 257,951 | $16,416,001 | |
| HPQ | Hp Inc | −1,987 | 393,203 | $7,553,429 | |
| C | Citigroup Inc | −1,557 | 742,054 | $84,156,344 | |
| APG | APi Group Corp | −1,459 | 152,912 | $6,195,994 | |
| RNG | RingCentral, Inc. | −1,432 | 32,116 | $1,194,394 | |
| ETSY | Etsy Inc | −1,311 | 39,793 | $1,988,854 | |
| KMPR | KEMPER Corp | −1,211 | 24,884 | $760,455 | |
| AIG | American International Group, Inc. | −1,125 | 230,941 | $17,378,310 | |
| HXL | Hexcel Corp /De/ | −918 | 32,233 | $2,608,616 | |
| KEY | Keycorp /New/ | −866 | 395,338 | $7,926,526 | |
| IT | Gartner Inc | −853 | 30,001 | $4,750,358 | |
| KMX | Carmax Inc | −815 | 60,612 | $2,520,246 | |
| YETI | YETI Holdings, Inc. | −719 | 33,196 | $1,214,641 | |
| BG | Bunge Global SA | −701 | 55,734 | $7,089,364 | |
| POST | Post Holdings, Inc. | −600 | 19,725 | $1,950,013 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
7 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| QGEN | Qiagen N.V. | 200,881 | $8,043,275 | |
| AMCR | Amcor plc | 197,343 | $7,844,384 | |
| MDLN | Medline Inc. | 138,750 | $6,174,375 | |
| PNFP | Pinnacle Financial Partners, Inc. | 63,772 | $5,493,320 | |
| VSNT | Versant Media Group, Inc. | 70,225 | $2,599,729 | |
| INGM | Ingram Micro Holding Corp | 8,782 | $204,708 | |
| CBC | Central Bancompany, Inc. | 8,389 | $200,916 | |
| No positions match the current search. | ||||
989 tracked positions ·
$29,575,588,225 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 989 positions by value
· page 1 of 20
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NVDA |
Nvidia Corp
Technology
|
Added | 10,995,140 | $1,917,552,416 | 6.48% | |
| AAPL |
Apple Inc.
Technology
|
Added | 6,781,124 | $1,720,981,459 | 5.82% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 3,531,845 | $1,307,383,063 | 4.42% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Added | 4,811,413 | $1,002,072,985 | 3.39% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 2,805,763 | $806,825,208 | 2.73% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 2,394,010 | $740,970,035 | 2.51% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 1,146,732 | $656,079,779 | 2.22% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Added | 1,416,440 | $526,561,570 | 1.78% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 789,648 | $378,399,321 | 1.28% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 398,759 | $366,766,565 | 1.24% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Added | 1,442,664 | $352,644,788 | 1.19% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 1,163,056 | $342,124,552 | 1.16% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Added | 1,808,762 | $306,874,560 | 1.04% | |
| V |
Visa Inc.
Financial Services
|
Added | 979,147 | $295,937,389 | 1.00% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 1,648,446 | $238,101,540 | 0.81% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Added | 1,862,671 | $231,492,751 | 0.78% | |
| MU |
Micron Technology Inc
Technology
|
Added | 665,929 | $224,977,453 | 0.76% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 433,380 | $216,542,650 | 0.73% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Added | 2,708,172 | $210,127,065 | 0.71% | |
| NFLX |
Netflix Inc
Communication Services
|
Added | 2,176,036 | $209,225,861 | 0.71% | |
| LRCX |
Lam Research Corp
Technology
|
Added | 928,251 | $198,330,108 | 0.67% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Added | 190,030 | $189,351,592 | 0.64% | |
| BAC |
Bank Of America Corp /De/
Financial Services
|
Added | 3,780,999 | $184,323,701 | 0.62% | |
| AMAT |
Applied Materials Inc /De
Technology
|
Added | 506,699 | $173,184,651 | 0.59% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Added | 785,972 | $170,941,050 | 0.58% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
Added | 1,149,394 | $168,133,354 | 0.57% | |
| CVX |
Chevron Corp
Energy
|
Added | 802,096 | $165,953,662 | 0.56% | |
| KLAC |
Kla Corp
Technology
|
Added | 109,533 | $161,277,484 | 0.55% | |
| ORCL |
Oracle Corp
Technology
|
Added | 980,664 | $144,265,481 | 0.49% | |
| CAT |
Caterpillar Inc
Industrials
|
Added | 198,238 | $140,443,693 | 0.47% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Added | 689,475 | $140,259,899 | 0.47% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Added | 426,273 | $140,196,926 | 0.47% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Added | 1,147,989 | $138,091,596 | 0.47% | |
| IBM |
International Business Machines Corp
Technology
|
Added | 565,175 | $136,992,768 | 0.46% | |
| GE |
General Electric Co
Industrials
|
Added | 457,940 | $129,949,633 | 0.44% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Added | 468,876 | $126,873,156 | 0.43% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Added | 1,664,948 | $126,619,295 | 0.43% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
Added | 385,661 | $119,859,582 | 0.41% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Added | 721,110 | $119,228,327 | 0.40% | |
| ADI |
Analog Devices Inc
Technology
|
Added | 366,209 | $116,505,731 | 0.39% | |
| TXN |
Texas Instruments Inc
Technology
|
Added | 573,878 | $111,412,674 | 0.38% | |
| RTX |
RTX Corp
Industrials
|
Added | 572,793 | $110,491,769 | 0.37% | |
| GILD |
Gilead Sciences, Inc.
Healthcare
|
Added | 773,323 | $107,778,026 | 0.36% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Added | 125,802 | $106,427,233 | 0.36% | |
| WFC |
Wells Fargo & Company/Mn
Financial Services
|
Added | 1,325,907 | $105,555,456 | 0.36% | |
| DIS |
Walt Disney Co
Communication Services
|
Added | 1,084,301 | $104,504,930 | 0.35% | |
| INTC |
Intel Corp
Technology
|
Added | 2,289,593 | $101,039,739 | 0.34% | |
| GEV |
GE Vernova Inc.
Industrials
|
Added | 115,587 | $100,895,892 | 0.34% | |
| LIN |
Linde PLC
Basic Materials
|
Added | 201,049 | $99,672,052 | 0.34% | |
| GD |
General Dynamics Corp
Industrials
|
Added | 289,397 | $99,326,838 | 0.34% |
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.