South Dakota Investment Council Q4 2025 Filing

Filed February 12, 2026

Portfolio Value

$5.3B

Holdings

606

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (606 positions)

#StockSharesValue% PortfolioType
1
VWOVANGUARD INTL EQUITY INDEX F
10,728,387$576.0M10.97%
2
AGGISHARES TR
2,821,235$281.0M5.35%
3
MSFTMICROSOFT CORP
450,592$217.0M4.13%
4
NVDANVIDIA CORPORATION
1,123,662$209.0M3.98%
5
AAPLAPPLE INC
752,718$204.0M3.88%
6
VCSHVANGUARD SHORT-TERM CORPORAT
1,638,348$130.0M2.48%
7
AMZNAMAZON COM INC
553,484$127.0M2.42%
8
GOOGLALPHABET INC
351,524$110.0M2.09%
9
VTOLBRISTOW GROUP INC
2,767,745$101.0M1.92%
10
GOOGALPHABET INC
268,790$84.0M1.60%
11
METAMETA PLATFORMS INC
116,034$76.0M1.45%
12
USHYISHARES TR
1,926,000$72.0M1.37%
13
BRK/BBERKSHIRE HATHAWAY INC DEL
109,756$55.0M1.05%
14
UNHUNITEDHEALTH GROUP INC
163,039$53.0M1.01%
15
LLYELI LILLY & CO
47,837$51.0M0.97%
16
HUMHUMANA INC
161,383$41.0M0.78%
17
ELVELEVANCE HEALTH INC FORMERLY
112,298$39.0M0.74%
18
USBUS BANCORP DEL
728,211$38.0M0.72%
19
AVGOBROADCOM INC
106,282$36.0M0.69%
20
VVISA INC
97,870$34.0M0.65%
21
BBWIBATH & BODY WORKS INC
1,684,793$33.0M0.63%
22
COPCONOCOPHILLIPS
342,552$32.0M0.61%
23
REEVEREST GROUP LTD
93,761$31.0M0.59%
24
PFEPFIZER INC
1,204,986$30.0M0.57%
25
CMCSACOMCAST CORP NEW
933,463$27.0M0.51%
26
MAMASTERCARD INCORPORATED
47,204$26.0M0.50%
27
UPSUNITED PARCEL SERVICE INC
270,350$26.0M0.50%
28
RGAREINSURANCE GRP OF AMERICA I
123,648$25.0M0.48%
29
XOMEXXON MOBIL CORP
202,282$24.0M0.46%
30
CNCCENTENE CORP DEL
585,674$24.0M0.46%
31
AMDADVANCED MICRO DEVICES INC
112,149$24.0M0.46%
32
TXNTEXAS INSTRS INC
134,713$23.0M0.44%
33
WFCWELLS FARGO CO NEW
255,861$23.0M0.44%
34
AMATAPPLIED MATLS INC
93,049$23.0M0.44%
35
TRVCCITIGROUP INC
181,348$21.0M0.40%
36
ACGLARCH CAP GROUP LTD
223,271$21.0M0.40%
37
SLBSLB LIMITED
561,453$21.0M0.40%
38
DYHTARGET CORP
221,871$21.0M0.40%
39
MRKMERCK & CO INC
202,458$21.0M0.40%
40
TSLATESLA INC
46,237$20.0M0.38%
41
STZCONSTELLATION BRANDS INC
147,727$20.0M0.38%
42
ALKALASKA AIR GROUP INC
408,563$20.0M0.38%
43
EOGEOG RES INC
196,834$20.0M0.38%
44
IQVIQVIA HLDGS INC
91,541$20.0M0.38%
45
APAAPA CORPORATION
807,159$19.0M0.36%
46
TMOTHERMO FISHER SCIENTIFIC INC
34,018$19.0M0.36%
47
DISDISNEY WALT CO
168,349$19.0M0.36%
48
HALHALLIBURTON CO
686,977$19.0M0.36%
49
PYPLPAYPAL HLDGS INC
327,626$19.0M0.36%
50
OXYOCCIDENTAL PETE CORP
447,851$18.0M0.34%
51
DGDOLLAR GEN CORP NEW
135,626$18.0M0.34%
52
BMYBRISTOL-MYERS SQUIBB CO
347,405$18.0M0.34%
53
JNJJOHNSON & JOHNSON
84,539$17.0M0.32%
54
MOHMOLINA HEALTHCARE INC
103,322$17.0M0.32%
55
LKQ1LKQ CORP
575,570$17.0M0.32%
56
JPMJPMORGAN CHASE & CO.
55,606$17.0M0.32%
57
ZBHZIMMER BIOMET HOLDINGS INC
184,744$16.0M0.30%
58
LBRTLIBERTY ENERGY INC
906,608$16.0M0.30%
59
CSXCSX CORP
465,233$16.0M0.30%
60
CVSCVS HEALTH CORP
189,769$15.0M0.29%
61
DHRDANAHER CORPORATION
68,249$15.0M0.29%
62
ZTSZOETIS INC
124,585$15.0M0.29%
63
FDXFEDEX CORP
53,847$15.0M0.29%
64
SWSMURFIT WESTROCK PLC
390,795$15.0M0.29%
65
EQHEQUITABLE HLDGS INC
319,156$15.0M0.29%
66
CVXCHEVRON CORP NEW
100,842$15.0M0.29%
67
FANGDIAMONDBACK ENERGY INC
103,771$15.0M0.29%
68
SOLVSOLVENTUM CORP
200,891$15.0M0.29%
69
ACNACCENTURE PLC IRELAND
59,101$15.0M0.29%
70
FSLRFIRST SOLAR INC
59,556$15.0M0.29%
71
RNRRENAISSANCERE HLDGS LTD
50,441$14.0M0.27%
72
PVHPVH CORPORATION
218,952$14.0M0.27%
73
CHTRCHARTER COMMUNICATIONS INC N
69,137$14.0M0.27%
74
DUKDUKE ENERGY CORP NEW
124,941$14.0M0.27%
75
ADBEADOBE INC
42,749$14.0M0.27%
76
7HPHP INC
603,819$13.0M0.25%
77
GPNGLOBAL PMTS INC
176,556$13.0M0.25%
78
TFCTRUIST FINL CORP
281,234$13.0M0.25%
79
DEDEERE & CO
29,340$13.0M0.25%
80
MDTMEDTRONIC PLC
139,367$13.0M0.25%
81
LOWLOWES COS INC
55,160$13.0M0.25%
82
UNMUNUM GROUP
173,957$13.0M0.25%
83
CSCOCISCO SYS INC
172,500$13.0M0.25%
84
MTDRMATADOR RES CO
315,830$13.0M0.25%
85
RTXRTX CORPORATION
70,535$12.0M0.23%
86
GEHCGE HEALTHCARE TECHNOLOGIES I
148,812$12.0M0.23%
87
CENXCENTURY ALUM CO
317,361$12.0M0.23%
88
BACVERIZON COMMUNICATIONS INC
306,479$12.0M0.23%
89
CHRDCHORD ENERGY CORPORATION
138,381$12.0M0.23%
90
MUMICRON TECHNOLOGY INC
43,039$12.0M0.23%
91
QCOMQUALCOMM INC
70,676$12.0M0.23%
92
LYBLYONDELLBASELL INDUSTRIES N
296,137$12.0M0.23%
93
HONHONEYWELL INTL INC
63,411$12.0M0.23%
94
LRCXLAM RESEARCH CORP
75,469$12.0M0.23%
95
PGPROCTER AND GAMBLE CO
88,967$12.0M0.23%
96
MCHPMICROCHIP TECHNOLOGY INC.
177,644$11.0M0.21%
97
LMTLOCKHEED MARTIN CORP
23,100$11.0M0.21%
98
UNPUNION PAC CORP
48,019$11.0M0.21%
99
FISVFISERV INC
176,267$11.0M0.21%
100
PEPPEPSICO INC
74,834$10.0M0.19%
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