Latest State of Tennessee, Treasury Department Stock Portfolio
State of Tennessee, Treasury Department Performance:
2024 Q3: 3.51%YTD: 12.92%2023: 17.23%
Performance for 2024 Q3 is 3.51%, and YTD is 12.92%, and 2023 is 17.23%.
About State of Tennessee, Treasury Department and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, State of Tennessee, Department of Treasury reported an equity portfolio of $28.4 Billions as of 30 Sep, 2024.
The top stock holdings of State of Tennessee, Department of Treasury are AAPL, MSFT, NVDA. The fund has invested 4.6% of it's portfolio in APPLE INC COM and 4.2% of portfolio in MICROSOFT CORP COM.
The fund managers got completely rid off FERGUSON PLC NEW SHS (FERG), TE CONNECTIVITY LTD SHS (TEL) and ISHARES TR MSCI PERU AND GL (AOA) stocks. They significantly reduced their stock positions in SMITH A O CORP COM (AOS), COMMUNITY HEALTHCARE TR INC COM (CHCT) and HUNTINGTON INGALLS INDS INC COM (HII). State of Tennessee, Department of Treasury opened new stock positions in FERGUSON ENTERPRISES INC COMMON STOCK NEW ADDED, SELECT SECTOR SPDR TR INDL (XLB) and PALANTIR TECHNOLOGIES INC CL A (PLTR). The fund showed a lot of confidence in some stocks as they added substantially to KKR & CO INC COM (KKR), INCYTE CORP COM (INCY) and CNX RES CORP COM (CNX).
The top stock holdings of State of Tennessee, Department of Treasury are AAPL, MSFT, NVDA. The fund has invested 4.6% of it's portfolio in APPLE INC COM and 4.2% of portfolio in MICROSOFT CORP COM.
The fund managers got completely rid off FERGUSON PLC NEW SHS (FERG), TE CONNECTIVITY LTD SHS (TEL) and ISHARES TR MSCI PERU AND GL (AOA) stocks. They significantly reduced their stock positions in SMITH A O CORP COM (AOS), COMMUNITY HEALTHCARE TR INC COM (CHCT) and HUNTINGTON INGALLS INDS INC COM (HII). State of Tennessee, Department of Treasury opened new stock positions in FERGUSON ENTERPRISES INC COMMON STOCK NEW ADDED, SELECT SECTOR SPDR TR INDL (XLB) and PALANTIR TECHNOLOGIES INC CL A (PLTR). The fund showed a lot of confidence in some stocks as they added substantially to KKR & CO INC COM (KKR), INCYTE CORP COM (INCY) and CNX RES CORP COM (CNX).
State of Tennessee, Treasury Department Annual Return Estimates Vs S&P 500
Our best estimate is that State of Tennessee, Department of Treasury made a return of 3.51% in the last quarter. In trailing 12 months, it's portfolio return was 20.82%.
New Buys
| Ticker | $ Bought |
|---|---|
| ferguson enterprises inc common stock new added | 22,538,500 |
| te connectivity plc ord shs added | 17,808,400 |
| select sector spdr tr indl | 15,663,600 |
| flutter entmt plc shs | 15,127,800 |
| palantir technologies inc cl a | 14,180,500 |
| dell technologies inc cl c | 12,697,200 |
| smurfit westrock plc shs added | 10,112,800 |
| avantor inc com | 8,000,400 |
New stocks bought by State of Tennessee, Treasury Department
Additions
Additions to existing portfolio by State of Tennessee, Treasury Department
Reductions
| Ticker | % Reduced |
|---|---|
| dte energy co com | -52.59 |
| sba communications corp new cl a | -50.67 |
| agilent technologies inc com | -46.07 |
| humana inc com | -44.29 |
| paccar inc com | -41.87 |
| fair isaac corp com | -41.58 |
| vici pptys inc com | -41.45 |
| thomson reuters corp com | -40.46 |
State of Tennessee, Treasury Department reduced stake in above stock
Sold off
Sector Distribution
State of Tennessee, Department of Treasury has about 26.2% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 26.2 |
| Technology | 21.2 |
| Healthcare | 8 |
| Financial Services | 8 |
| Consumer Cyclical | 7.6 |
| Industrials | 6.6 |
| Communication Services | 5.7 |
| Utilities | 4.5 |
| Real Estate | 4 |
| Consumer Defensive | 3.9 |
| Energy | 2.6 |
| Basic Materials | 1.7 |
Market Cap. Distribution
State of Tennessee, Department of Treasury has about 65.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MEGA-CAP | 33.4 |
| LARGE-CAP | 32.3 |
| UNALLOCATED | 26.2 |
| MID-CAP | 4.8 |
| SMALL-CAP | 3.3 |
Stocks belong to which Index?
About 68.7% of the stocks held by State of Tennessee, Department of Treasury either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 63.3 |
| Others | 31.2 |
| RUSSELL 2000 | 5.4 |
State of Tennessee, Treasury Department Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of State of Tennessee, Treasury Department
State of Tennessee, Department of Treasury has 1715 stocks in it's portfolio. About 27.4% of the portfolio is in top 10 stocks. CTAS proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for State of Tennessee, Department of Treasury last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc com | 0.04 | 67,830 | 10,071,400 | reduced | -46.07 | ||
| AAPL | apple inc com | 4.58 | 5,589,820 | 1,302,430,000 | added | 0.25 | ||
| AAXJ | ishares tr mbs etf | 1.12 | 3,320,850 | 318,170,000 | added | 4.24 | ||
| AAXJ | ishares tr iboxx hi yd etf | 0.39 | 1,389,980 | 111,616,000 | reduced | -2.23 | ||
| AAXJ | ishares tr eafe sml cp etf | 0.17 | 706,279 | 47,815,100 | added | 1.18 | ||
| ABBV | abbvie inc com | 0.47 | 679,388 | 134,166,000 | reduced | -0.75 | ||
| ABC | cencora inc com | 0.03 | 33,841 | 7,616,930 | reduced | -25.26 | ||
| ABNB | airbnb inc com cl a | 0.06 | 126,456 | 16,035,900 | reduced | -17.01 | ||
| ABT | abbott labs com | 0.25 | 623,795 | 71,118,900 | reduced | -8.25 | ||
| ACGL | arch cap group ltd ord | 0.06 | 142,010 | 15,888,100 | reduced | -26.32 | ||
| ACM | aecom com | 0.02 | 67,071 | 6,926,420 | unchanged | 0.00 | ||
| ACN | accenture plc ireland shs class a | 0.26 | 212,791 | 75,217,400 | reduced | -11.51 | ||
| ACWV | ishares inc msci sth kor etf | 1.72 | 7,660,450 | 489,962,000 | reduced | -2.71 | ||
| ACWV | ishares inc msci brazil etf | 0.80 | 7,759,380 | 228,824,000 | added | 13.3 | ||
| ACWV | ishares inc msci sth afr etf | 0.49 | 2,754,120 | 138,808,000 | unchanged | 0.00 | ||
| ACWV | ishares inc msci thailnd etf | 0.24 | 978,666 | 67,802,000 | reduced | -0.02 | ||
| ACWV | ishares inc msci cda etf | 0.19 | 1,296,680 | 53,838,000 | reduced | -3.92 | ||
| ACWV | ishares inc msci chile etf | 0.07 | 685,043 | 18,688,000 | reduced | -5.69 | ||
| ADBE | adobe inc com | 0.34 | 189,564 | 98,152,400 | added | 1.88 | ||
| ADI | analog devices inc com | 0.18 | 223,909 | 51,537,100 | reduced | -0.99 | ||