State of Tennessee, Department of Treasury Q3 2025 Filing

Filed November 14, 2025

Portfolio Value

$30.0T

Holdings

1,727

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (1,727 positions)

#StockSharesValue% PortfolioType
1
NVDANVIDIA CORPORATION COM
8,500,258$1.6T5.28%
2
MSFTMICROSOFT CORP COM
2,594,281$1.3T4.47%
3
AAPLAPPLE INC COM
5,164,296$1.3T4.38%
4
EWTISHARES INC MSCI TAIWAN ETF
16,310,393$1.0T3.45%
5
AMZNAMAZON COM INC COM
3,309,279$726.6B2.42%
6
INDAISHARES TR MSCI INDIA ETF
11,738,943$611.1B2.03%
7
EWYISHARES INC MSCI STH KOR ETF
7,226,554$578.8B1.93%
8
METAMETA PLATFORMS INC CL A
756,599$555.6B1.85%
9
AVGOBROADCOM INC COM
1,653,109$545.4B1.82%
10
VTIVANGUARD INDEX FDS TOTAL STK MKT
1,572,449$516.0B1.72%
11
GOOGLALPHABET INC CAP STK CL A
1,989,943$483.8B1.61%
12
TSLATESLA INC COM
971,473$432.0B1.44%
13
GOOGALPHABET INC CAP STK CL C
1,670,605$406.9B1.35%
14
JPMJPMORGAN CHASE & CO COM
1,004,872$317.0B1.06%
15
BRK/BBERKSHIRE HATHAWAY INC DEL CL B NEW
625,730$314.6B1.05%
16
SRLNSSGA ACTIVE ETF TR BLACKSTONE SENR
6,600,978$274.5B0.91%
17
PLDPROLOGIS INC COM
2,303,023$263.7B0.88%
18
VEAVANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT
4,356,687$261.1B0.87%
19
VCITVANGUARD SCOTTSDALE FDS INT-TERM CORP
2,725,901$229.3B0.76%
20
EWZISHARES INC MSCI BRAZIL ETF
7,337,548$227.5B0.76%
21
VCLTVANGUARD SCOTTSDALE FDS LG-TERM COR BD
2,876,267$223.3B0.74%
22
MBBISHARES TR MBS ETF
2,338,900$222.5B0.74%
23
VNQVANGUARD INDEX FDS REAL ESTATE ETF
2,401,823$219.6B0.73%
24
VVISA INC COM CL A
609,803$208.2B0.69%
25
LLYELI LILLY & CO COM
268,001$204.5B0.68%
26
FLINFRANKLIN TEMPLETON ETF TR FRANKLIN INDIA
5,213,024$194.4B0.65%
27
HYGISHARES TR IBOXX HI YD ETF
2,298,563$186.6B0.62%
28
NFLXNETFLIX INC COM
151,926$182.1B0.61%
29
XOMEXXON MOBIL CORP COM
1,610,101$181.5B0.60%
30
VOOVANGUARD INDEX FDS S&P 500 ETF SHS
293,171$179.5B0.60%
31
EZAISHARES INC MSCI STH AFR ETF
2,754,119$176.5B0.59%
32
MAMASTERCARD INCORPORATED CL A
284,238$161.7B0.54%
33
WMTWALMART INC COM
1,491,303$153.7B0.51%
34
ORCLORACLE CORP COM
546,166$153.6B0.51%
35
LINLINDE PLC SHS
320,034$152.0B0.51%
36
JNJJOHNSON & JOHNSON COM
804,482$149.2B0.50%
37
ABBVABBVIE INC COM
611,706$141.6B0.47%
38
HDHOME DEPOT INC COM
348,314$141.1B0.47%
39
COSTCOSTCO WHSL CORP NEW COM
150,125$139.0B0.46%
40
PLTRPALANTIR TECHNOLOGIES INC CL A
721,792$131.7B0.44%
41
RACEFERRARI N V COM
259,201$125.4B0.42%
42
RYROYAL BK CDA COM
818,597$120.7B0.40%
43
PGPROCTER AND GAMBLE CO COM
780,796$120.0B0.40%
44
BACBANK AMERICA CORP COM
2,310,448$119.2B0.40%
45
UNHUNITEDHEALTH GROUP INC COM
341,483$117.9B0.39%
46
GEGE AEROSPACE COM NEW
388,572$116.9B0.39%
47
SHOPSHOPIFY INC CL A SUB VTG SHS
719,403$106.9B0.36%
48
CVXCHEVRON CORP NEW COM
675,413$104.9B0.35%
49
CSCOCISCO SYS INC COM
1,475,771$101.0B0.34%
50
4I1PHILIP MORRIS INTL INC COM
605,314$98.2B0.33%
51
WFCWELLS FARGO CO NEW COM
1,159,632$97.2B0.32%
52
SESEA LTD SPONSORD ADS
543,203$97.1B0.32%
53
KOCOCA COLA CO COM
1,442,944$95.7B0.32%
54
IBMINTERNATIONAL BUSINESS MACHS COM
333,628$94.1B0.31%
55
GSGOLDMAN SACHS GROUP INC COM
114,089$90.9B0.30%
56
AMDADVANCED MICRO DEVICES INC COM
534,825$86.5B0.29%
57
CRMSALESFORCE INC COM
361,997$85.8B0.29%
58
SPGIS&P GLOBAL INC COM
173,123$84.3B0.28%
59
ABTABBOTT LABS COM
614,838$82.4B0.27%
60
RTXRTX CORPORATION COM
488,741$81.8B0.27%
61
UBERUBER TECHNOLOGIES INC COM
829,240$81.2B0.27%
62
MRKMERCK & CO INC COM
951,314$79.8B0.27%
63
CATCATERPILLAR INC COM
167,296$79.8B0.27%
64
TDTORONTO DOMINION BK ONT COM NEW
995,613$79.6B0.27%
65
UBSUBS GROUP AG SHS
1,931,380$78.9B0.26%
66
MCDMCDONALDS CORP COM
255,167$77.5B0.26%
67
TAT&T INC COM
2,736,081$77.3B0.26%
68
CPCANADIAN PACIFIC KANSAS CITY COM
990,423$73.8B0.25%
69
DISDISNEY WALT CO COM
620,893$71.1B0.24%
70
FALNISHARES TR FALN ANGLS USD
2,546,500$70.7B0.24%
71
MUMICRON TECHNOLOGY INC COM
415,375$69.5B0.23%
72
DWDMORGAN STANLEY COM NEW
435,369$69.2B0.23%
73
SHYGISHARES TR 0-5YR HI YL CP
1,597,400$69.2B0.23%
74
TMOTHERMO FISHER SCIENTIFIC INC COM
141,398$68.6B0.23%
75
CNRCANADIAN NATL RY CO COM
716,537$67.6B0.23%
76
TRVCCITIGROUP INC COM NEW
657,535$66.7B0.22%
77
AXPAMERICAN EXPRESS CO COM
198,778$66.0B0.22%
78
NOWSERVICENOW INC COM
71,711$66.0B0.22%
79
BKNGBOOKING HOLDINGS INC COM
12,211$65.9B0.22%
80
ENBENBRIDGE INC COM
1,252,347$63.2B0.21%
81
SPOTSPOTIFY TECHNOLOGY S A SHS
89,465$62.4B0.21%
82
BABOEING CO COM
285,573$61.6B0.21%
83
BACVERIZON COMMUNICATIONS INC COM
1,396,393$61.4B0.20%
84
INTUINTUIT COM
88,757$60.6B0.20%
85
PGRPROGRESSIVE CORP COM
245,436$60.6B0.20%
86
AVBAVALONBAY CMNTYS INC COM
312,984$60.5B0.20%
87
EWMISHARES INC MSCI MLY ETF NEW
2,330,559$60.4B0.20%
88
ISRGINTUITIVE SURGICAL INC COM NEW
134,891$60.3B0.20%
89
SCHWSCHWAB CHARLES CORP COM
630,886$60.2B0.20%
90
GEVGE VERNOVA INC COM
97,637$60.0B0.20%
91
QCOMQUALCOMM INC COM
356,897$59.4B0.20%
92
AEMAGNICO EAGLE MINES LTD COM
350,196$59.0B0.20%
93
AMATAPPLIED MATLS INC COM
287,529$58.9B0.20%
94
CRCCANADIAN NAT RES LTD COM
1,839,812$58.8B0.20%
95
EIDOISHARES TR MSCI INDONIA ETF
3,311,022$58.1B0.19%
96
KLACKLA CORP COM NEW
53,358$57.6B0.19%
97
ADBEADOBE INC COM
162,721$57.4B0.19%
98
TJXTJX COS INC NEW COM
393,497$56.9B0.19%
99
BNBROOKFIELD CORP CL A LTD VT SH
825,726$56.7B0.19%
100
PEPPEPSICO INC COM
393,573$55.3B0.18%
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