South Dakota Investment Council
CIK: 0001538846SEC EDGAR →
Portfolio Value
$5.3B
Holdings
606
As of
Q4 2025
New Positions
30
Closed Positions
36
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | VANGUARD INTL EQUITY INDEX F | 10,728,387 | $576.0M | 10.97% |
| 2 | ISHARES TR | 2,821,235 | $281.0M | 5.35% |
| 3 | MICROSOFT CORP | 450,592 | $217.0M | 4.13% |
| 4 | NVIDIA CORPORATION | 1,123,662 | $209.0M | 3.98% |
| 5 | APPLE INC | 752,718 | $204.0M | 3.88% |
| 6 | VANGUARD SHORT-TERM CORPORAT | 1,638,348 | $130.0M | 2.48% |
| 7 | AMAZON COM INC | 553,484 | $127.0M | 2.42% |
| 8 | ALPHABET INC | 351,524 | $110.0M | 2.09% |
| 9 | BRISTOW GROUP INC | 2,767,745 | $101.0M | 1.92% |
| 10 | ALPHABET INC | 268,790 | $84.0M | 1.60% |
Quarterly Changes
New Positions (22)
$130.0M · 1.6M shares
$72.0M · 1.9M shares
$6.0M · 177K shares
$5.0M · 304K shares
$3.0M · 38K shares
$2.0M · 45K shares
$2.0M · 102K shares
$1.0M · 41K shares
$0 · 1K shares
$0 · 11K shares
$0 · 10K shares
$0 · 1K shares
$0 · 65K shares
$0 · 480 shares
$0 · 4K shares
$0 · 4K shares
$0 · 6K shares
$0 · 4K shares
$0 · 456 shares
$0 · 500 shares
$0 · 8K shares
$0 · 4K shares
Closed Positions (22)
$11.3M · 53K shares
$5.0M · 755K shares
$1.6M · 114K shares
$1.5M · 10K shares
$976K · 6K shares
$918K · 5K shares
$757K · 2K shares
$660K · 265K shares
$622K · 5K shares
$601K · 9K shares
$512K · 4K shares
$460K · 3K shares
$333K · 2K shares
$299K · 11K shares
$261K · 1K shares
$152K · 2K shares
$127K · 1K shares
$123K · 4K shares
$114K · 2K shares
$102K · 2K shares
$85K · 1K shares
$43K · 648 shares
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Financial Services | 83 | $1.5B | 31.4% |
| Technology | 74 | $956.0M | 20.4% |
| Healthcare | 67 | $460.1M | 9.8% |
| Energy | 39 | $382.0M | 8.2% |
| Consumer Cyclical | 74 | $338.0M | 7.2% |
| Industrials | 95 | $315.0M | 6.7% |
| Communication Services | 23 | $278.1M | 5.9% |
| Consumer Defensive | 40 | $164.0M | 3.5% |
| Unknown | 38 | $141.1M | 3.0% |
| Basic Materials | 35 | $105.0M | 2.2% |
| Utilities | 37 | $63.0M | 1.3% |
| Real Estate | 1 | $7.0M | 0.1% |