State of Tennessee, Department of Treasury Q2 2025 Filing

Filed August 15, 2025

Portfolio Value

$28.0T

Holdings

1,722

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (1,722 positions)

#StockSharesValue% PortfolioType
1
NVDANVIDIA CORPORATION COM
8,535,057$1.3T4.82%
2
MSFTMICROSOFT CORP COM
2,576,377$1.3T4.58%
3
AAPLAPPLE INC COM
5,204,956$1.1T3.82%
4
EWTISHARES INC MSCI TAIWAN ETF
16,006,156$918.8B3.29%
5
INDAISHARES TR MSCI INDIA ETF
15,666,367$872.3B3.12%
6
AMZNAMAZON COM INC COM
3,256,549$714.5B2.56%
7
METAMETA PLATFORMS INC CL A
762,224$562.6B2.01%
8
EWYISHARES INC MSCI STH KOR ETF
7,253,614$520.7B1.86%
9
VTIVANGUARD INDEX FDS TOTAL STK MKT
1,654,571$502.9B1.80%
10
AVGOBROADCOM INC COM
1,656,920$456.7B1.63%
11
GOOGLALPHABET INC CAP STK CL A
1,993,938$351.4B1.26%
12
TSLATESLA INC COM
965,634$306.7B1.10%
13
BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEW
626,627$304.4B1.09%
14
GOOGALPHABET INC CAP STK CL C
1,691,885$300.1B1.07%
15
JPMJPMORGAN CHASE & CO COM
974,872$282.6B1.01%
16
SRLNSSGA ACTIVE ETF TR BLACKSTONE SENR
6,446,331$268.1B0.96%
17
VEAVANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT
4,367,054$249.0B0.89%
18
HYGISHARES TR IBOXX HI YD ETF
2,755,245$222.2B0.79%
19
VCITVANGUARD SCOTTSDALE FDS INT-TERM CORP
2,649,104$219.7B0.79%
20
LLYELI LILLY & CO COM
278,199$216.9B0.78%
21
VCLTVANGUARD SCOTTSDALE FDS LG-TERM COR BD
2,827,927$214.6B0.77%
22
EWZISHARES INC MSCI BRAZIL ETF
7,397,615$213.4B0.76%
23
MBBISHARES TR MBS ETF
2,269,439$213.1B0.76%
24
VVISA INC COM CL A
599,527$212.9B0.76%
25
PLDPROLOGIS INC COM
1,994,333$209.6B0.75%
26
NFLXNETFLIX INC COM
150,591$201.7B0.72%
27
VNQVANGUARD INDEX FDS REAL ESTATE ETF
2,111,185$188.0B0.67%
28
XOMEXXON MOBIL CORP COM
1,595,936$172.0B0.62%
29
VOOVANGUARD INDEX FDS S&P 500 ETF SHS
294,150$167.1B0.60%
30
MAMASTERCARD INCORPORATED CL A
283,935$159.6B0.57%
31
LINLINDE PLC SHS
323,104$151.6B0.54%
32
COSTCOSTCO WHSL CORP NEW COM
150,461$148.9B0.53%
33
EZAISHARES INC MSCI STH AFR ETF
2,754,119$148.0B0.53%
34
WMTWALMART INC COM
1,480,702$144.8B0.52%
35
PGPROCTER AND GAMBLE CO COM
830,496$132.3B0.47%
36
JNJJOHNSON & JOHNSON COM
834,810$127.5B0.46%
37
HDHOME DEPOT INC COM
346,973$127.2B0.46%
38
RACEFERRARI N V COM
253,301$123.7B0.44%
39
ABBVABBVIE INC COM
656,273$121.8B0.44%
40
ORCLORACLE CORP COM
522,661$114.3B0.41%
41
BACBANK AMERICA CORP COM
2,310,448$109.3B0.39%
42
RYROYAL BK CDA COM
826,207$108.7B0.39%
43
UNHUNITEDHEALTH GROUP INC COM
340,735$106.3B0.38%
44
4I1PHILIP MORRIS INTL INC COM
562,970$102.5B0.37%
45
CRMSALESFORCE INC COM
367,993$100.3B0.36%
46
GEGE AEROSPACE COM NEW
389,418$100.2B0.36%
47
KOCOCA COLA CO COM
1,395,090$98.7B0.35%
48
CSCOCISCO SYS INC COM
1,381,911$95.9B0.34%
49
FALNISHARES TR FALN ANGLS USD
3,428,800$93.1B0.33%
50
PLTRPALANTIR TECHNOLOGIES INC CL A
682,540$93.0B0.33%
51
IBMINTERNATIONAL BUSINESS MACHS COM
315,477$93.0B0.33%
52
WFCWELLS FARGO CO NEW COM
1,153,114$92.4B0.33%
53
SPGIS&P GLOBAL INC COM
173,123$91.3B0.33%
54
SESEA LTD SPONSORD ADS
543,203$86.9B0.31%
55
SHOPSHOPIFY INC CL A SUB VTG SHS
741,888$85.4B0.31%
56
ABTABBOTT LABS COM
622,959$84.7B0.30%
57
GSGOLDMAN SACHS GROUP INC COM
116,089$82.2B0.29%
58
DISDISNEY WALT CO COM
645,537$80.1B0.29%
59
AMDADVANCED MICRO DEVICES INC COM
556,516$79.0B0.28%
60
CPCANADIAN PACIFIC KANSAS CITY COM
991,923$78.6B0.28%
61
CVXCHEVRON CORP NEW COM
538,919$77.2B0.28%
62
INTUINTUIT COM
97,649$76.9B0.28%
63
SPOTSPOTIFY TECHNOLOGY S A SHS
99,152$76.1B0.27%
64
TXNTEXAS INSTRS INC COM
362,862$75.3B0.27%
65
ISRGINTUITIVE SURGICAL INC COM NEW
137,927$75.0B0.27%
66
CNRCANADIAN NATL RY CO COM
718,137$74.7B0.27%
67
TAT&T INC COM
2,543,914$73.6B0.26%
68
TDTORONTO DOMINION BK ONT COM NEW
997,813$73.2B0.26%
69
MCDMCDONALDS CORP COM
248,326$72.6B0.26%
70
NOWSERVICENOW INC COM
70,184$72.2B0.26%
71
BKNGBOOKING HOLDINGS INC COM
12,025$69.6B0.25%
72
UBERUBER TECHNOLOGIES INC COM
727,579$67.9B0.24%
73
MRKMERCK & CO INC COM
852,960$67.5B0.24%
74
RTXRTX CORPORATION COM
459,884$67.2B0.24%
75
UBSUBS GROUP AG SHS
1,906,828$64.3B0.23%
76
CATCATERPILLAR INC COM
165,553$64.3B0.23%
77
ADBEADOBE INC COM
165,087$63.9B0.23%
78
AXPAMERICAN EXPRESS CO COM
198,778$63.4B0.23%
79
BABOEING CO COM
298,367$62.5B0.22%
80
DWDMORGAN STANLEY COM NEW
442,369$62.3B0.22%
81
ACNACCENTURE PLC IRELAND SHS CLASS A
207,977$62.2B0.22%
82
BACVERIZON COMMUNICATIONS INC COM
1,422,282$61.5B0.22%
83
BSXBOSTON SCIENTIFIC CORP COM
562,611$60.4B0.22%
84
TMOTHERMO FISHER SCIENTIFIC INC COM
148,856$60.4B0.22%
85
EWMISHARES INC MSCI MLY ETF NEW
2,475,806$60.3B0.22%
86
JPSTJ P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF
1,181,800$59.9B0.21%
87
QCOMQUALCOMM INC COM
367,177$58.5B0.21%
88
CRCCANADIAN NAT RES LTD COM
1,843,412$57.8B0.21%
89
SCHWSCHWAB CHARLES CORP COM
630,886$57.6B0.21%
90
ENBENBRIDGE INC COM
1,254,747$56.8B0.20%
91
TRVCCITIGROUP INC COM NEW
657,535$56.0B0.20%
92
PEPPEPSICO INC COM
416,938$55.1B0.20%
93
EIDOISHARES TR MSCI INDONIA ETF
3,118,162$55.0B0.20%
94
PGRPROGRESSIVE CORP COM
202,979$54.2B0.19%
95
SYKSTRYKER CORPORATION COM
135,095$53.4B0.19%
96
EPOLISHARES TR MSCI POLAND ETF
1,646,796$53.1B0.19%
97
AVBAVALONBAY CMNTYS INC COM
259,122$52.7B0.19%
98
AMATAPPLIED MATLS INC COM
284,986$52.2B0.19%
99
DHRDANAHER CORPORATION COM
264,033$52.2B0.19%
100
HONHONEYWELL INTL INC COM
221,737$51.6B0.18%
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