Treasurer of the State of North Carolina

CIK

1761054

Location

RALEIGH, NC

Portfolio Value

Large $35,417,161,989

Diversification

Diversified

Filing Date

Global Rank

#219 / 8,700 ▲ 8

Top Industry

Semiconductors 14.7%

Period ended 2 months ago

Filed Aug 14, 2026 · 30d

26 quarters · since Mar 2020

Portfolio Concentration

1,068 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

6.1%

+0.1 pts

Top 5

23.8%

−1.2 pts

Top 10

33.1%

−2.3 pts

HHI

158

Diversified−13

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	36.3%	$12,871,907,475	176
Financial Services	11.6%	$4,095,505,540	149
Industrials	10.0%	$3,534,007,946	199
Consumer Cyclical	9.6%	$3,383,689,536	124
Communication Services	9.1%	$3,234,066,448	40
Healthcare	8.9%	$3,148,122,255	105
Consumer Defensive	4.2%	$1,488,403,178	54
Energy	3.3%	$1,155,644,679	54
Utilities	2.8%	$1,003,016,961	49
Real Estate	2.2%	$770,920,276	66
Basic Materials	2.0%	$700,532,285	49
Unclassified	0.1%	$31,345,410	3

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
KLAC	Kla Corp	+799,697	909,230	$274,323,783
VTRS	Viatris Inc	+788,520	1,282,816	$20,371,118
—		+642,760	695,304	$36,121,042
NNN	Nnn REIT, Inc.	+612,930	848,251	$39,469,119
FAST	Fastenal Co	+466,460	1,083,641	$52,047,277
AEE	Ameren Corp	+461,156	600,117	$67,837,225
SCHW	Schwab Charles Corp	+327,600	1,042,577	$96,198,579
FHB	First Hawaiian, Inc.	+316,730	369,493	$10,826,144
BKNG	Booking Holdings Inc.	+315,262	329,765	$58,777,313
KMI	Kinder Morgan, Inc.	+314,024	1,146,567	$36,655,746
SCI	Service Corp International	+297,140	355,518	$27,005,147
ACGL	Arch Capital Group Ltd.	+292,110	659,267	$63,988,455
LBTYA	Liberty Global Ltd.	+283,330	450,250	$5,099,014
GLPI	Gaming & Leisure Properties, Inc.	+241,300	591,493	$26,339,183
CVNA	Carvana Co.	+237,406	295,280	$19,435,329
AM	Antero Midstream Corp	+234,721	377,895	$8,597,111
DOV	DOVER Corp	+211,220	269,270	$60,391,875
APH	Amphenol Corp /De/	+199,970	722,366	$127,368
PCG	PG&E Corp	+193,227	1,131,843	$19,037,599
DUK	Duke Energy CORP	+183,976	810,189	$102,553,723
CRH	Crh Public Ltd Co	+183,202	548,316	$58,669,812
MRK	Merck & Co., Inc.	+178,160	1,326,149	$170,410,146
WMB	Williams Companies, Inc.	+171,843	693,256	$51,536,651
SNDR	Schneider National, Inc.	+167,474	187,157	$6,836,845
SSNC	SS&C Technologies Holdings Inc	+165,550	687,825	$42,679,541
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
PFE	Pfizer Inc	−563,185	2,425,453	$58,404,908
XEL	Xcel Energy Inc	−369,340	319,749	$25,675,844
WBD	Warner Bros. Discovery, Inc.	−240,446	1,024,791	$27,320,928
DOX	Amdocs Ltd	−226,413	45,026	$2,275,614
UBER	Uber Technologies, Inc	−218,760	834,505	$60,217,880
ETR	Entergy Corp /De/	−213,102	641,821	$73,719,560
TIGO	Millicom International Cellular SA	−208,958	38,499	$3,494,169
CTVA	Corteva, Inc.	−204,369	286,271	$24,244,290
FLEX	Flex Ltd.	−203,030	320,331	$51,916,045
L	Loews Corp	−196,340	76,324	$8,640,640
FTNT	Fortinet, Inc.	−192,768	258,176	$39,660,997
NVDA	Nvidia Corp	−191,567	10,803,573	$2,161,686,921
ABT	Abbott Laboratories	−181,024	738,139	$66,978,732
ROL	Rollins Inc	−174,632	126,581	$5,283,490
DBX	Dropbox, Inc.	−164,590	282,672	$7,764,999
PYPL	PayPal Holdings, Inc.	−163,170	490,300	$21,171,154
MNST	Monster Beverage Corp	−147,545	298,602	$28,701,624
LRCX	Lam Research Corp	−147,380	780,871	$338,374,830
ADT	ADT Inc.	−146,260	322,570	$2,096,705
CME	Cme Group Inc.	−140,216	153,918	$33,989,711
ELAN	Elanco Animal Health Inc	−137,710	468,460	$11,528,800
PNR	PENTAIR plc	−136,991	222,470	$17,054,550
HON	Honeywell International Inc	−135,722	136,541	$30,571,529
RSG	Republic Services, Inc.	−123,606	84,756	$18,059,808
UAL	United Airlines Holdings, Inc.	−121,490	170,832	$23,231,443
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SPCX	Space Exploration Technologies Corp	225,370	$38,506,718
BE	Bloom Energy Corp	114,330	$34,607,691
HONA	Honeywell Aerospace Inc.	136,541	$30,186,484
SETM	Sprott Funds Trust Sprott Critical Materials ETF	642,839	$20,030,863
CRDO	Credo Technology Group Holding Ltd	70,170	$19,082,731
ENB	Enbridge Inc	293,532	$15,912,369
CRWV	CoreWeave, Inc.	148,160	$14,747,846
STRL	Sterling Infrastructure, Inc.	16,965	$14,239,742
TRP	Tc Energy Corp	214,533	$14,221,392
SUNB	Sunbelt Rentals Holdings, Inc.	174,730	$13,071,551
ET	Energy Transfer LP	545,081	$10,421,948
NXT	Nextpower Inc.	82,027	$9,772,696
EPD	Enterprise Products Partners L.P.	263,420	$9,683,319
FN	Fabrinet	15,250	$8,571,720
IONQ	IonQ, Inc.	156,300	$8,324,538
GH	Guardant Health, Inc.	54,220	$8,134,626
TTMI	Ttm Technologies Inc	43,400	$8,116,668
FDXF	FedEx Freight Holding Company, Inc.	48,213	$7,280,163
DY	Dycom Industries Inc	14,339	$7,249,655
MPLX	Mplx LP	127,725	$7,194,749
CDE	Coeur Mining, Inc.	437,570	$7,141,142
SITM	SITIME Corp	9,470	$7,060,453
SOBO	South Bow Corp	196,169	$6,912,995
SMTC	Semtech Corp	39,470	$6,388,219
PAGP	Plains Gp Holdings LP	261,435	$6,345,027
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
AAXJ	iShares MSCI All Country Asia ex Japan ETF	5,997,957	$1,521,815,028
TDC	Teradata Corp /De/	136,621	$3,501,596
ASH	Ashland Inc.	19,401	$1,078,889
HIW	Highwoods Properties, Inc.	46,260	$990,426
XRAY	DENTSPLY SIRONA Inc.	85,246	$988,853
HOG	Harley-Davidson, Inc.	47,711	$964,716
HUN	Huntsman CORP	70,354	$936,411
UAA	Under Armour, Inc.	158,883	$929,633
SRPT	Sarepta Therapeutics, Inc.	42,340	$921,318
FMC	Fmc Corp	53,117	$914,674
RH	Rh	6,536	$913,863
ACHC	Acadia Healthcare Company, Inc.	38,953	$911,110
DXC	DXC Technology Co	72,020	$905,291
GLOB	Globant S.A.	18,483	$852,251
CXT	Crane NXT, Co.	20,961	$850,806
PENN	PENN Entertainment, Inc.	56,244	$845,347
PK	Park Hotels & Resorts Inc.	79,267	$834,681
RARE	Ultragenyx Pharmaceutical Inc.	39,466	$826,812
BRBR	Bellring Brands, Inc.	50,156	$807,010
SAM	Boston Beer Co Inc	3,307	$761,932
KMPR	KEMPER Corp	24,884	$760,455
NCNO	nCino, Inc.	47,528	$711,969
GTM	ZoomInfo Technologies Inc.	111,049	$664,073
FLO	Flowers Foods Inc	79,924	$651,380
DJT	Trump Media & Technology Group Corp.	68,664	$637,201
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,068 tracked positions · $35,417,161,989 total · filing declares 1,096 positions · $38,809,898 · 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 1,068 positions by value · page 1 of 22

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	10,803,573	-191,567	$2,161,686,921	+12.7%	6.10%
AAPL	Apple Inc. Technology	Reduced	6,775,147	-5,977	$1,960,456,535	+13.9%	5.54%
GOOGL	Alphabet Inc. Communication Services	Reduced	5,010,016	-55,823	$1,781,401,742	+22.4%	5.03%
MSFT	Microsoft Corp Technology	Added	3,656,121	+124,276	$1,363,806,255	+4.3%	3.85%
AMZN	Amazon Com Inc Consumer Cyclical	Added	4,847,545	+36,132	$1,155,363,875	+15.3%	3.26%
AVGO	Broadcom Inc. Technology	Reduced	2,392,600	-1,410	$903,804,650	+22.0%	2.55%
MU	Micron Technology Inc Technology	Reduced	584,404	-81,525	$674,571,693	+199.8%	1.90%
META	Meta Platforms, Inc. Communication Services	Added	1,161,273	+14,541	$654,133,468	−0.3%	1.85%
TSLA	Tesla, Inc. Consumer Cyclical	Added	1,452,800	+36,360	$611,047,680	+16.0%	1.73%
LLY	ELI LILLY & Co Healthcare	Reduced	393,599	-5,160	$472,094,487	+28.7%	1.33%
AMD	Advanced Micro Devices Inc Technology	Added	692,875	+3,400	$402,498,016	+187.0%	1.14%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	793,258	+3,610	$396,938,370	+4.9%	1.12%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	1,138,956	-24,100	$372,814,467	+9.0%	1.05%
JNJ	Johnson & Johnson Healthcare	Reduced	1,442,314	-350	$366,304,486	+3.9%	1.03%
LRCX	Lam Research Corp Technology	Reduced	780,871	-147,380	$338,374,830	+70.6%	0.96%
AMAT	Applied Materials Inc /De Technology	Reduced	458,159	-48,540	$331,248,957	+91.3%	0.94%
CSCO	Cisco Systems, Inc. Technology	Reduced	2,695,652	-12,520	$316,631,283	+50.7%	0.89%
INTC	Intel Corp Technology	Reduced	2,244,943	-44,650	$313,461,391	+210.2%	0.89%
V	Visa Inc. Financial Services	Reduced	887,627	-91,520	$304,535,947	+2.9%	0.86%
KLAC	Kla Corp Technology	Added	909,230	+799,697	$274,323,783	+70.1%	0.77%
XOM	ExxonMobil Holdings Corp Energy	Reduced	1,772,742	-36,020	$242,369,286	−21.0%	0.68%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	1,641,626	-6,820	$240,728,036	+1.1%	0.68%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	3,750,692	-30,307	$213,714,430	+15.9%	0.60%
CAT	Caterpillar Inc Industrials	Added	199,374	+1,136	$212,313,372	+51.2%	0.60%
WMT	Walmart Inc. Consumer Defensive	Added	1,869,761	+7,090	$211,769,130	−8.5%	0.60%
ABBV	AbbVie Inc. Healthcare	Reduced	754,175	-31,797	$189,780,597	+11.0%	0.54%
TXN	Texas Instruments Inc Technology	Added	616,404	+42,526	$183,731,540	+64.9%	0.52%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	189,040	-990	$176,841,248	−6.6%	0.50%
MA	Mastercard Inc Financial Services	Reduced	344,094	-89,286	$176,726,678	−18.4%	0.50%
MRK	Merck & Co., Inc. Healthcare	Added	1,326,149	+178,160	$170,410,146	+23.4%	0.48%
SNDK	Sandisk Corp Technology	Reduced	72,631	-1,862	$165,143,283	+248.9%	0.47%
GE	General Electric Co Industrials	Reduced	439,973	-17,967	$164,431,109	+26.5%	0.46%
UNH	Unitedhealth Group Inc Healthcare	Reduced	384,640	-84,236	$159,867,923	+26.0%	0.45%
NFLX	Netflix Inc Communication Services	Reduced	2,134,636	-41,400	$152,413,010	−27.2%	0.43%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	424,903	-1,370	$149,854,790	+6.9%	0.42%
GEV	GE Vernova Inc. Industrials	Added	124,495	+8,908	$146,264,195	+45.0%	0.41%
IBM	International Business Machines Corp Technology	Reduced	519,545	-45,630	$146,101,249	+6.6%	0.41%
ADI	Analog Devices Inc Technology	Added	367,029	+820	$145,772,907	+25.1%	0.41%
ORCL	Oracle Corp Technology	Added	992,264	+11,600	$145,416,289	+0.8%	0.41%
PLTR	Palantir Technologies Inc. Technology	Added	1,164,554	+15,160	$135,868,515	−19.2%	0.38%
KO	Coca Cola Co Consumer Defensive	Reduced	1,655,588	-9,360	$134,549,636	+6.3%	0.38%
CVX	Chevron Corp Energy	Reduced	790,306	-11,790	$131,001,122	−21.1%	0.37%
QCOM	Qualcomm Inc/De Technology	Reduced	682,042	-76,550	$126,034,541	+29.0%	0.36%
GS	Goldman Sachs Group Inc Financial Services	Reduced	122,832	-2,970	$124,228,599	+16.7%	0.35%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	664,288	-56,822	$120,176,342	+0.8%	0.34%
PANW	Palo Alto Networks Inc Technology	Reduced	343,493	-89,945	$117,137,982	+68.6%	0.33%
AXP	American Express Co Financial Services	Added	339,839	+14,790	$114,950,541	+16.9%	0.32%
MCD	Mcdonalds Corp Consumer Cyclical	Added	416,981	+31,320	$112,714,134	−6.0%	0.32%
ANET	Arista Networks, Inc. Technology	Added	653,412	+99,250	$111,001,630	+63.1%	0.31%
MRVL	Marvell Technology, Inc. Technology	Added	371,557	+9,140	$110,683,114	+208.3%	0.31%

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.