STATE OF WISCONSIN INVESTMENT BOARD
Benefit planFiling Date
Global Rank
#191
/ 8,818
▼ 11
Top Industry
Semiconductors
12.7%
Period ended 4 months ago
Filed Aug 14, 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 13G, Aug 14, 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 29.5%, 80.9 effective positions, active share 20.8% against every 13F filer's combined book; it meets none of the index-like, systematic-like or concentrated tests
Turnover
Low turnover
16.2% over the last four quarters (under 30%)
Horizon
Long horizon
Value-weighted holding period 22.4 quarters (12+), a floor since 75.4% of the book was already held when coverage starts
Closest benchmark: every 13F filer's combined book, active share 20.8%; sector active share 5.9% 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
2,414 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Top Position
5.0%
−0.2 pts
Top 5
20.2%
+0.4 pts
Top 10
29.5%
+0.2 pts
HHI
124
Diversified+5
Portfolio Trend
26 quarters · across all stocks
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 29.2% | $14,361,429,502 |
| Financial Services | 12.5% | $6,129,290,627 |
| Industrials | 10.1% | $4,939,928,304 |
| Communication Services | 9.8% | $4,832,167,790 |
| Consumer Cyclical | 8.5% | $4,150,611,845 |
| Healthcare | 8.4% | $4,126,712,511 |
| Unclassified | 7.9% | $3,863,074,046 |
| Consumer Defensive | 3.8% | $1,865,502,856 |
| Energy | 3.5% | $1,728,453,700 |
| Real Estate | 2.2% | $1,103,659,701 |
| Utilities | 2.1% | $1,029,796,379 |
| Basic Materials | 2.0% | $972,795,769 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BKLN | Invesco Ltd. | +9,550,000 | 14,170,000 | $288,642,900 | |
| PBR-A | Petrobras - Petroleo Brasileiro SA | +7,948,500 | 9,125,782 | $133,601,448 | |
| Z | Zillow Group, Inc. | +1,477,843 | 3,545,882 | $111,766,200 | |
| RSP | Victory Portfolios II | +872,379 | 7,468,879 | $1,589,153,384 | |
| PAA | Plains All American Pipeline LP | +819,307 | 1,604,386 | $35,713,632 | |
| HEI-A | Heico Corp | +683,478 | 2,118,107 | $546,280,976 | |
| KLAC | Kla Corp | +622,875 | 699,073 | $210,917,314 | |
| LEN | Lennar Corp | +557,572 | 716,049 | $64,795,274 | |
| SVC | Service Properties Trust | +522,071 | 639,771 | $1,081,212 | |
| EGO | Eldorado Gold Corp | +519,388 | 530,519 | $16,493,835 | |
| GOOG | Alphabet Inc. | +511,132 | 3,114,324 | $1,100,384,098 | |
| PTON | Peloton Interactive, Inc. | +494,480 | 627,604 | $3,709,139 | |
| LBTYK | Liberty Global Ltd. | +480,534 | 2,275,741 | $25,033,151 | |
| UHAL-B | U-Haul Holding Co | +446,304 | 755,372 | $43,584,964 | |
| AHCO | AdaptHealth Corp. | +418,009 | 495,204 | $5,160,025 | |
| BKNG | Booking Holdings Inc. | +400,718 | 417,978 | $74,500,398 | |
| OGN | Organon & Co. | +386,782 | 538,388 | $7,289,773 | |
| UAA | Under Armour, Inc. | +368,027 | 3,274,611 | $20,924,764 | |
| DOW | Dow Inc. | +355,647 | 736,340 | $20,146,262 | |
| MNKD | Mannkind Corp | +351,781 | 511,045 | $2,177,051 | |
| DVN | Devon Energy Corp | +313,535 | 657,367 | $27,162,404 | |
| VISN | Vistance Networks, Inc. | +281,535 | 356,474 | $4,555,737 | |
| CVNA | Carvana Co. | +270,570 | 343,747 | $22,625,427 | |
| FXI | iShares China Large-Cap ETF | +268,300 | 330,000 | $10,424,700 | |
| EWZ | iShares MSCI Brazil ETF | +248,800 | 367,100 | $12,664,950 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| BEP | Brookfield Renewable Partners L.P. | −2,264,859 | 1,955,423 | $67,911,840 | |
| BIP | Brookfield Infrastructure Partners L.P. | −1,113,075 | 293,356 | $10,704,560 | |
| — | −1,104,487 | 1,849,057 | $149,440,786 | ||
| NVDA | Nvidia Corp | −702,263 | 12,328,989 | $2,466,907,409 | |
| KDP | Keurig Dr Pepper Inc. | −418,509 | 1,188,684 | $38,905,627 | |
| ORGO | Organogenesis Holdings Inc. | −371,617 | 84,750 | $205,942 | |
| CAE | Cae Inc | −296,500 | 90,984 | $2,280,059 | |
| PAYO | Payoneer Global Inc. | −289,282 | 682,312 | $4,858,061 | |
| GEN | Gen Digital Inc. | −281,248 | 348,608 | $8,676,853 | |
| GT | Goodyear Tire & Rubber Co | −279,465 | 297,280 | $1,962,048 | |
| XPOF | Xponential Fitness, Inc. | −266,810 | 48,627 | $336,498 | |
| CMG | Chipotle Mexican Grill Inc | −255,370 | 731,840 | $24,882,560 | |
| HLIT | Harmonic Inc. | −253,152 | 359,779 | $5,875,191 | |
| OWL | Blue Owl Capital Inc. | −250,246 | 675,181 | $5,907,833 | |
| PCG | PG&E Corp | −244,343 | 1,377,518 | $23,169,852 | |
| UWMC | UWM Holdings Corp | −236,140 | 42,150 | $96,523 | |
| NCLH | Norwegian Cruise Line Holdings Ltd. | −231,493 | 292,753 | $6,180,015 | |
| RLJ | RLJ Lodging Trust | −225,802 | 33,422 | $396,050 | |
| VTRS | Viatris Inc | −209,787 | 1,319,328 | $20,950,928 | |
| KIM | Kimco Realty Corp | −207,462 | 430,585 | $10,915,329 | |
| AMCR | Amcor plc | −207,317 | 292,772 | $12,691,666 | |
| SNAP | Snap Inc | −202,534 | 358,890 | $1,593,471 | |
| INTC | Intel Corp | −199,390 | 2,384,964 | $333,012,523 | |
| KHC | Kraft Heinz Co | −198,752 | 572,256 | $13,516,686 | |
| — | −197,994 | 216,202 | $16,522,156 | ||
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| HONA | Honeywell Aerospace Inc. | 169,594 | $37,493,841 | |
| XRT | State Street(R) SPDR(R) S&P(R) Retail ETF | 179,419 | $15,742,223 | |
| SPCX | Space Exploration Technologies Corp | 91,859 | $15,695,028 | |
| FDXF | FedEx Freight Holding Company, Inc. | 79,899 | $12,064,749 | |
| MDLN | Medline Inc. | 188,473 | $7,433,375 | |
| SN | SharkNinja, Inc. | 43,439 | $6,614,456 | |
| INDA | iShares MSCI India ETF | 109,800 | $5,423,022 | |
| CRCL | Circle Internet Group, Inc. | 77,048 | $4,825,516 | |
| KORU | Direxion Daily MSCI South Korea Bull 3X Shares | 5,000 | $3,906,750 | |
| ICHR | Ichor Holdings, Ltd. | 32,967 | $3,701,534 | |
| PDS | PRECISION DRILLING Corp | 46,800 | $3,587,688 | |
| CARE | Carter Bankshares, Inc. | 85,509 | $2,908,161 | |
| BXDC | Blackstone Digital Infrastructure Trust Inc. | 124,898 | $2,701,543 | |
| WSE | Wise Group plc | 225,633 | $2,687,289 | |
| CABO | Cable One, Inc. | 49,504 | $2,629,157 | |
| AD | Array Digital Infrastructure, Inc. | 63,057 | $2,286,446 | |
| ADNT | Adient plc | 108,210 | $1,988,899 | |
| IPVV | InterPrivate Investment Partners V, Inc. | 200,000 | $1,984,000 | |
| QADR | QDRO Acquisition Corp. | 200,000 | $1,982,000 | |
| MXL | Maxlinear, Inc | 13,685 | $1,752,090 | |
| LXU | Lsb Industries, Inc. | 161,263 | $1,743,253 | |
| LMRI | Lumexa Imaging Holdings, Inc. | 146,486 | $1,652,362 | |
| JAN | Janus Living, Inc. | 56,706 | $1,629,730 | |
| CHYM | Chime Financial, Inc. | 79,126 | $1,620,500 | |
| LIND | Lindblad Expeditions Holdings, Inc. | 56,506 | $1,595,729 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| EMB | iShares J.P. Morgan USD Emerging Markets Bond ETF | 580,000 | $54,479,400 | |
| CUK | CARNIVAL PLC | 1,105,495 | $28,488,606 | |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF | 325,000 | $25,857,000 | |
| VCSH | VANGUARD SHORT-TERM CORPORATE BOND INDEX FUND | 324,000 | $25,683,480 | |
| — | 413,556 | $14,532,358 | ||
| ARGT | Global X MSCI Argentina ETF | 128,000 | $11,944,960 | |
| — | 129,901 | $9,819,217 | ||
| EPOL | iShares MSCI Poland ETF | 250,800 | $9,131,628 | |
| BBUC | Brookfield Business Corp | 156,901 | $4,964,347 | |
| — | 120,000 | $3,411,600 | ||
| — | 79,680 | $3,205,526 | ||
| — | 90,907 | $3,043,566 | ||
| — | 50,946 | $2,685,873 | ||
| YPF | Ypf Sociedad Anonima | 56,276 | $2,601,076 | |
| — | 35,279 | $2,291,018 | ||
| — | 140,812 | $2,036,142 | ||
| — | 17,434 | $2,001,772 | ||
| QADRU | QDRO Acquisition Corp. | 200,000 | $1,982,000 | |
| AOSL | ALPHA & OMEGA SEMICONDUCTOR Ltd | 78,503 | $1,739,626 | |
| NVRI | Enviri Corp | 84,834 | $1,664,443 | |
| MX | MAGNACHIP SEMICONDUCTOR Corp | 557,617 | $1,561,327 | |
| VNDA | Vanda Pharmaceuticals Inc. | 200,463 | $1,385,199 | |
| — | 7,189 | $1,278,707 | ||
| GGAL | Grupo Financiero Galicia SA | 26,407 | $1,233,470 | |
| BL | Blackline, Inc. | 33,240 | $1,229,880 | |
| No positions match the current search. | ||||
2,414 tracked positions ·
$49,103,423,030 total
· filing declares
2,529 positions · $49,553,548,104
· 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 2,414 positions by value
· page 1 of 49
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NVDA |
Nvidia Corp
Technology
|
Reduced | 12,328,989 | $2,466,907,409 | 5.02% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 7,830,625 | $2,265,869,650 | 4.61% | |
| RSP |
Victory Portfolios II
|
Added | 7,468,879 | $1,589,153,384 | 3.24% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 3,767,812 | $1,405,469,232 | 2.86% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 5,164,201 | $1,230,835,666 | 2.51% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 3,105,936 | $1,109,968,348 | 2.26% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Added | 3,114,324 | $1,100,384,098 | 2.24% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 2,417,133 | $913,071,990 | 1.86% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 601,531 | $694,341,217 | 1.41% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 1,171,368 | $659,819,880 | 1.34% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Reduced | 1,501,177 | $631,395,046 | 1.29% | |
| HEI-A |
Heico Corp
Industrials
|
Added | 2,118,107 | $546,280,976 | 1.11% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Reduced | 428,209 | $513,606,763 | 1.05% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Reduced | 871,173 | $506,073,107 | 1.03% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 1,430,418 | $468,218,723 | 0.95% | |
| HAPI |
Harbor Human Capital Factor US Large Cap ETF
|
Held | 9,871,200 | $438,162,825 | 0.89% | |
| BRK-A |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 569 | $426,095,650 | 0.87% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Added | 747,711 | $374,147,107 | 0.76% | |
| FOX |
Fox Corp
Communication Services
|
Added | 7,982,174 | $373,885,030 | 0.76% | |
| INTC |
Intel Corp
Technology
|
Reduced | 2,384,964 | $333,012,523 | 0.68% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 1,284,259 | $326,163,258 | 0.66% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 896,404 | $307,547,248 | 0.63% | |
| AMAT |
Applied Materials Inc
Technology
|
Reduced | 423,289 | $306,037,947 | 0.62% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Reduced | 2,216,423 | $303,029,352 | 0.62% | |
| LRCX |
Lam Research Corp
Technology
|
Reduced | 686,377 | $297,427,745 | 0.61% | |
| BKLN |
Invesco Ltd.
Financial Services
|
Added | 14,170,000 | $288,642,900 | 0.59% | |
| ISTB |
iShares Core 1-5 Year USD Bond ETF
|
Added | 5,549,725 | $267,774,231 | 0.55% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 2,338,988 | $264,913,780 | 0.54% | |
| CAT |
Caterpillar Inc
Industrials
|
Reduced | 248,082 | $264,182,521 | 0.54% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 2,129,342 | $250,112,511 | 0.51% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 943,411 | $237,399,944 | 0.48% | |
| MA |
Mastercard Inc
Financial Services
|
Reduced | 445,731 | $228,927,441 | 0.47% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Reduced | 236,660 | $221,388,330 | 0.45% | |
| KLAC |
Kla Corp
Technology
|
Added | 699,073 | $210,917,314 | 0.43% | |
| GE |
General Electric Co
Industrials
|
Reduced | 557,982 | $208,534,612 | 0.42% | |
| BAC |
Bank Of America Corp
Financial Services
|
Reduced | 3,651,625 | $208,069,592 | 0.42% | |
| SNDK |
Sandisk Corp
Technology
|
Added | 90,739 | $206,315,986 | 0.42% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Reduced | 484,304 | $201,291,271 | 0.41% | |
| NWSA |
News Corp
Communication Services
|
Added | 7,648,820 | $189,920,200 | 0.39% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 531,495 | $187,447,656 | 0.38% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Reduced | 1,239,490 | $181,758,813 | 0.37% | |
| EEM |
iShares MSCI Emerging Markets ETF
|
Reduced | 2,480,428 | $169,686,079 | 0.35% | |
| HAPS |
Harbor Human Capital Factor US Small Cap ETF
|
Held | 4,520,000 | $169,667,240 | 0.35% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Reduced | 1,318,963 | $169,486,745 | 0.35% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Reduced | 2,084,840 | $169,434,946 | 0.35% | |
| GEV |
GE Vernova Inc.
Industrials
|
Reduced | 144,196 | $169,410,112 | 0.35% | |
| CVX |
Chevron Corp
Energy
|
Reduced | 986,154 | $163,464,887 | 0.33% | |
| NFLX |
Netflix Inc
Communication Services
|
Reduced | 2,261,921 | $161,501,159 | 0.33% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Reduced | 157,357 | $159,146,149 | 0.32% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Reduced | 831,420 | $150,412,192 | 0.31% |
Showing the top 50 of 2,414 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.