State of Tennessee, Department of Treasury
CIK: 0001587973Latest portfolio: $31.3B · Q4 2025
Holdings
1,727
Total Value
$31.3B
New Positions
91
Closed Positions
92
Top Holdings
View All 1,727 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | NVDANVIDIA CORPORATION COM | 8,416,478 | $1.6B | 5.14% | -83,780 | |
| 2 | AAPLAPPLE INC COM | 5,119,921 | $1.3B | 4.25% | -44,375 | |
| 3 | MSFTMICROSOFT CORP COM | 2,592,119 | $1.1B | 3.57% | -2,162 | |
| 4 | EWTISHARES INC MSCI TAIWAN ETF | 12,525,798 | $852.0M | 2.72% | -3,784,595 | |
| 5 | EWYISHARES INC MSCI STH KOR ETF | 6,830,675 | $836.0M | 2.67% | -395,879 | |
| 6 | AMZNAMAZON COM INC COM | 3,324,166 | $795.0M | 2.54% | +15K | |
| 7 | GOOGLALPHABET INC CAP STK CL A | 1,981,613 | $669.0M | 2.14% | -8,330 | |
| 8 | INDAISHARES TR MSCI INDIA ETF | 10,925,403 | $565.0M | 1.81% | -813,540 | |
| 9 | GOOGALPHABET INC CAP STK CL C | 1,644,985 | $556.0M | 1.78% | -25,620 | |
| 10 | AVGOBROADCOM INC COM | 1,630,746 | $540.0M | 1.73% | -22,363 | |
| 11 | VTIVANGUARD INDEX FDS TOTAL STK MKT | 1,582,521 | $538.0M | 1.72% | +10K | |
| 12 | METAMETA PLATFORMS INC CL A | 751,330 | $538.0M | 1.72% | -5,269 | |
| 13 | TSLATESLA INC COM | 960,005 | $413.0M | 1.32% | -11,468 | |
| 14 | PLDPROLOGIS INC COM | 2,373,939 | $309.0M | 0.99% | +71K | |
| 15 | BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEW | 622,564 | $299.0M | 0.96% | -3,166 | |
| 16 | JPMJPMORGAN CHASE & CO COM | 978,881 | $299.0M | 0.96% | -25,991 | |
| 17 | VEAVANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT | 4,321,161 | $286.0M | 0.91% | -35,526 | |
| 18 | LLYELI LILLY & CO COM | 267,279 | $277.0M | 0.89% | -722 | |
| 19 | SRLNSSGA ACTIVE ETF TR STATE STREET BLA | 6,289,986 | $257.0M | 0.82% | -310,992 | |
| 20 | EWZISHARES INC MSCI BRAZIL ETF | 6,928,103 | $256.0M | 0.82% | -409,445 | |
| 21 | VCITVANGUARD SCOTTSDALE FDS INT-TERM CORP | 2,914,914 | $244.0M | 0.78% | +189K | |
| 22 | TSMTAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS | 718,960 | $237.0M | 0.76% | NEW | |
| 23 | VCLTVANGUARD SCOTTSDALE FDS LG-TERM COR BD | 3,112,025 | $237.0M | 0.76% | +236K | |
| 24 | MBBISHARES TR MBS ETF | 2,486,872 | $237.0M | 0.76% | +148K | |
| 25 | XOMEXXON MOBIL CORP COM | 1,577,417 | $223.0M | 0.71% | -32,684 |
Quarterly Changes
New Positions
Increased Positions
Sector Breakdown
TechnologyNaN% ($InfinityT)
Financial ServicesNaN% ($InfinityT)
Consumer CyclicalNaN% ($InfinityT)
Real EstateNaN% ($InfinityT)
UnknownNaN% ($InfinityT)
HealthcareNaN% ($InfinityT)
EnergyNaN% ($InfinityT)
IndustrialsNaN% ($InfinityT)
Basic Materials0.0% ($1.3600054000470004e+247T)
Consumer Defensive0.0% ($1.79000140000116e+244T)
Utilities0.0% ($6.700066000320002e+216T)
Communication Services0.0% ($6.69000556000538e+182T)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 18, 2026 | $31.3B | 1,727 |
| Q3 2025 | Nov 14, 2025 | $30.0T | 1,727 |
| Q2 2025 | Aug 15, 2025 | $28.0T | 1,722 |
| Q1 2025 | May 13, 2025 | $26.1T | 1,719 |
| Q4 2024 | Feb 13, 2025 | $27.6T | 1,737 |
| Q3 2024 | Nov 14, 2024 | $28445.1T | 1,716 |
| Q2 2024 | Aug 13, 2024 | $27207.4T | 1,712 |
| Q1 2024 | May 14, 2024 | $27039.1T | 1,685 |
| Q4 2023 | Feb 14, 2024 | $25512.7T | 1,657 |
| Q3 2023 | Nov 14, 2023 | $24761.2T | 1,599 |
| Q2 2023 | Aug 15, 2023 | $23892.0T | 1,707 |
| Q1 2023 | May 12, 2023 | $22517.2T | 2,595 |
| Q4 2022 | Feb 15, 2023 | $21.4T | 2,614 |
| Q3 2022 | Nov 15, 2022 | $21.5T | 2,588 |
| Q2 2022 | Aug 15, 2022 | $21.5T | 2,588 |
| Q1 2022 | May 11, 2022 | $26.0T | 2,628 |
| Q4 2021 | Feb 15, 2022 | $27.2T | 2,600 |
| Q3 2021 | Nov 12, 2021 | $25.6T | 2,589 |
| Q2 2021 | Aug 11, 2021 | $26.2T | 2,578 |
| Q1 2021 | May 10, 2021 | $24.5T | 2,554 |
| Q4 2020 | Feb 9, 2021 | $23.6T | 2,491 |
| Q3 2020 | Nov 16, 2020 | $21.5T | 2,456 |
| Q2 2020 | Aug 13, 2020 | $20.4T | 2,452 |
| Q1 2020 | May 15, 2020 | $14.9T | 2,156 |
| Q4 2019 | Feb 6, 2020 | $22.7T | 2,553 |
| Q3 2019 | Oct 30, 2019 | $21.6T | 2,536 |
| Q2 2019 | Aug 12, 2019 | $20.3T | 2,553 |
| Q1 2019 | May 13, 2019 | $20.3T | 2,500 |
| Q4 2018 | Feb 11, 2019 | $18.3T | 2,471 |
| Q3 2018 | Nov 13, 2018 | $20.6T | 2,537 |
| Q2 2018 | Aug 14, 2018 | $19.8T | 2,068 |
| Q1 2018 | May 11, 2018 | $19.6T | 2,066 |
| Q4 2017 | Feb 12, 2018 | $22.4T | 2,241 |
| Q3 2017 | Nov 1, 2017 | $19.7T | 2,061 |
| Q2 2017 | Aug 9, 2017 | $20.9T | 2,229 |
| Q1 2017 | May 8, 2017 | $21.2T | 2,202 |
| Q4 2016 | Jan 24, 2017 | $18.9T | 2,067 |
| Q3 2016 | Nov 9, 2016 | $20.7T | 2,264 |
| Q2 2016 | Aug 12, 2016 | $19.7T | 2,169 |
| Q1 2016 | May 13, 2016 | $17.4T | 2,086 |
Fund Information
State of Tennessee, Department of Treasury is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $31.3B across 1,727 holdings. The largest position is NVIDIA CORPORATION COM (NVDA), representing 5.1% of the portfolio. Compared to the previous quarter, the fund opened 94 new positions and closed 94 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.