North Dakota State Investment Board
CIK: 0002064039SEC EDGAR →
Portfolio Value
$2.7B
Holdings
826
As of
Q4 2025
New Positions
826
Closed Positions
0
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | ISHARES TR | 5,241,476 | $271.0M | 10.09% |
| 2 | NVIDIA CORPORATION | 801,758 | $149.0M | 5.55% |
| 3 | APPLE INC | 499,753 | $135.0M | 5.02% |
| 4 | MICROSOFT CORP | 254,339 | $123.0M | 4.58% |
| 5 | AMAZON COM INC | 328,885 | $75.0M | 2.79% |
| 6 | ALPHABET INC | 199,351 | $62.0M | 2.31% |
| 7 | BROADCOM INC | 158,311 | $54.0M | 2.01% |
| 8 | ISHARES TR | 471,460 | $51.0M | 1.90% |
| 9 | ALPHABET INC | 162,381 | $50.0M | 1.86% |
| 10 | TESLA INC | 96,475 | $43.0M | 1.60% |
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Technology | 132 | $653.0M | 32.2% |
| Financial Services | 123 | $556.1M | 27.4% |
| Consumer Cyclical | 93 | $190.0M | 9.4% |
| Communication Services | 30 | $156.1M | 7.7% |
| Healthcare | 77 | $127.0M | 6.3% |
| Industrials | 133 | $105.0M | 5.2% |
| Unknown | 46 | $70.0M | 3.5% |
| Consumer Defensive | 41 | $64.0M | 3.2% |
| Energy | 35 | $44.0M | 2.2% |
| Utilities | 34 | $25.0M | 1.2% |
| Basic Materials | 31 | $22.0M | 1.1% |
| Real Estate | 51 | $16.0M | 0.8% |