State of Tennessee, Department of Treasury 13F Holdings
State of Tennessee, Department of Treasury's holdings from its Form 13F-HR filing for the quarter ended June 30, 2026, compared with the previous quarter (March 31, 2026). 13F filings list the long U.S. equity positions held by institutional investment managers with over $100 million under management.
Quarter
Q2 2026
Reported 13F value
$33.7B
Largest holding
Nvidia Corporation COM
Biggest Buys (Q2 2026)
| Security | Change | Value of change | % of portfolio |
|---|---|---|---|
| INVESCO EXCH TRADED FD TR II SR LN ETF (EXCHANGE TRADED PRODUCT) | +5.96M sh | $121.5M | 0.44% |
| MARVELL TECHNOLOGY INC COM | New position | $89.3M | 0.27% |
| ISHARES TR IBOXX HI YD ETF (EXCHANGE TRADED PRODUCT) | +691,000 sh | $55.1M | 0.38% |
| TC ENERGY CORP COM | +459,500 sh | $29.6M | 0.21% |
| HONEYWELL INTL INC COM ADDED | New position | $24.5M | 0.07% |
| HONEYWELL AEROSPACE INC COM ADDED | New position | $24.2M | 0.07% |
| DEVON ENERGY CORP NEW COM | +448,700 sh | $20.6M | 0.08% |
| VANGUARD SCOTTSDALE FDS INT-TERM CORP (EXCHANGE TRADED PRODUCT) | +209,900 sh | $17.4M | 0.77% |
| ISHARES TR MBS ETF (EXCHANGE TRADED PRODUCT) | +176,200 sh | $16.7M | 0.75% |
| ELEVANCE HEALTH INC FORMERLY COM | +41,500 sh | $14.1M | 0.10% |
Biggest Sells (Q2 2026)
| Security | Change | Value of change | % of portfolio |
|---|---|---|---|
| ISHARES INC MSCI TAIWAN ETF (EXCHANGE TRADED PRODUCT) | -1.81M sh | -$162.2M | 2.52% |
| ISHARES INC MSCI STH KOR ETF (EXCHANGE TRADED PRODUCT) | -940,200 sh | -$152.7M | 3.15% |
| ISHARES TR MSCI INDIA ETF (EXCHANGE TRADED PRODUCT) | -1.90M sh | -$91.2M | 1.02% |
| SSGA ACTIVE ETF TR ST STR BL LN ETF (EXCHANGE TRADED PRODUCT) | -1.53M sh | -$61.4M | 0.53% |
| HONEYWELL INTL INC COM | Sold out | -$53.6M | 0.00% |
| ISHARES TR 0-5YR HI YL CP (EXCHANGE TRADED PRODUCT) | Sold out | -$49.2M | 0.00% |
| VANGUARD INDEX FDS TOTAL STK MKT (EXCHANGE TRADED PRODUCT) | -125,100 sh | -$43.2M | 1.67% |
| JANUS DETROIT STR TR HENDRSON AAA CL (EXCHANGE TRADED PRODUCT) | Sold out | -$39.9M | 0.00% |
| J P MORGAN EXCHANGE TRADED F ULTRA SHRT ETF (EXCHANGE TRADED PRODUCT) | Sold out | -$32.9M | 0.00% |
| ISHARES INC MSCI BRAZIL ETF (EXCHANGE TRADED PRODUCT) | -799,500 sh | -$29.1M | 0.53% |
Top 50 Holdings
| Security | Value | % of portfolio | Change in shares |
|---|---|---|---|
| NVIDIA CORPORATION COM | $1.7B | 4.99% | -0.34% |
| APPLE INC COM | $1.5B | 4.37% | -0.52% |
| ISHARES INC MSCI STH KOR ETF (EXCHANGE TRADED PRODUCT) | $1.1B | 3.15% | -15.17% |
| MICROSOFT CORP COM | $960.3M | 2.85% | -0.29% |
| ISHARES INC MSCI TAIWAN ETF (EXCHANGE TRADED PRODUCT) | $846.9M | 2.52% | -18.81% |
| AMAZON COM INC COM | $802.9M | 2.39% | -0.15% |
| ALPHABET INC CAP STK CL A | $713.5M | 2.12% | +0.77% |
| BROADCOM INC COM | $617.0M | 1.83% | -0.08% |
| ALPHABET INC CAP STK CL C | $582.4M | 1.73% | -0.10% |
| VANGUARD INDEX FDS TOTAL STK MKT (EXCHANGE TRADED PRODUCT) | $560.5M | 1.67% | -7.63% |
| TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS (DEPOSITORY RECEIPTS) | $511.1M | 1.52% | +0.38% |
| MICRON TECHNOLOGY INC COM | $447.1M | 1.33% | -1.03% |
| META PLATFORMS INC CL A | $422.9M | 1.26% | -0.20% |
| TESLA INC COM | $406.0M | 1.21% | +0.45% |
| PROLOGIS INC COM (REAL ESTATE INV TRST) | $350.1M | 1.04% | +0.06% |
| ISHARES TR MSCI INDIA ETF (EXCHANGE TRADED PRODUCT) | $343.0M | 1.02% | -21.44% |
| ELI LILLY & CO COM | $329.5M | 0.98% | +2.37% |
| ADVANCED MICRO DEVICES INC COM | $327.3M | 0.97% | -0.25% |
| JPMORGAN CHASE & CO COM | $316.5M | 0.94% | -1.21% |
| BERKSHIRE HATHAWAY INC DEL CL B NEW | $309.1M | 0.92% | -1.63% |
| VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT (EXCHANGE TRADED PRODUCT) | $283.5M | 0.84% | -5.77% |
| VANGUARD SCOTTSDALE FDS INT-TERM CORP (EXCHANGE TRADED PRODUCT) | $259.0M | 0.77% | +7.18% |
| ISHARES TR MBS ETF (EXCHANGE TRADED PRODUCT) | $250.9M | 0.75% | +7.11% |
| VANGUARD SCOTTSDALE FDS LG-TERM COR BD (EXCHANGE TRADED PRODUCT) | $250.8M | 0.75% | +5.72% |
| INTEL CORP COM | $223.2M | 0.66% | -8.39% |
| JOHNSON & JOHNSON COM | $220.2M | 0.65% | -2.93% |
| VISA INC COM CL A | $210.6M | 0.63% | -0.44% |
| VANGUARD INDEX FDS REAL ESTATE ETF (EXCHANGE TRADED PRODUCT) | $210.3M | 0.62% | -2.37% |
| APPLIED MATLS INC COM | $205.7M | 0.61% | -7.44% |
| EXXON MOBIL CORP COM | $199.4M | 0.59% | +0.21% |
| LAM RESEARCH CORP COM NEW | $191.4M | 0.57% | +4.99% |
| VANGUARD INDEX FDS S&P 500 ETF SHS (EXCHANGE TRADED PRODUCT) | $190.9M | 0.57% | +0.00% |
| FRANKLIN TEMPLETON ETF TR FRANKLIN INDIA (EXCHANGE TRADED PRODUCT) | $186.1M | 0.55% | +0.37% |
| SSGA ACTIVE ETF TR ST STR BL LN ETF (EXCHANGE TRADED PRODUCT) | $177.9M | 0.53% | -25.69% |
| ISHARES INC MSCI BRAZIL ETF (EXCHANGE TRADED PRODUCT) | $177.1M | 0.53% | -13.48% |
| CATERPILLAR INC COM | $171.8M | 0.51% | -2.35% |
| WALMART INC COM | $170.1M | 0.51% | -0.24% |
| ROYAL BK CDA COM | $164.9M | 0.49% | -0.16% |
| ISHARES INC MSCI STH AFR ETF (EXCHANGE TRADED PRODUCT) | $163.0M | 0.48% | -6.35% |
| CISCO SYS INC COM | $161.3M | 0.48% | -0.52% |
| ABBVIE INC COM | $158.3M | 0.47% | -1.81% |
| INVESCO EXCH TRADED FD TR II SR LN ETF (EXCHANGE TRADED PRODUCT) | $148.4M | 0.44% | +449.66% |
| MASTERCARD INCORPORATED CL A | $145.3M | 0.43% | -1.45% |
| COSTCO WHOLESALE CORPORATION COM | $138.0M | 0.41% | -1.06% |
| GE AEROSPACE COM NEW | $136.2M | 0.40% | -0.66% |
| KLA CORP COM NEW | $136.1M | 0.40% | -0.16% |
| BANK OF AMER CORP COM | $130.2M | 0.39% | -1.04% |
| ISHARES TR IBOXX HI YD ETF (EXCHANGE TRADED PRODUCT) | $126.8M | 0.38% | +77.29% |
| UNITEDHEALTH GROUP INC COM | $125.6M | 0.37% | -15.39% |
| HOME DEPOT INC COM | $123.4M | 0.37% | -3.05% |
Values are as reported in the filing, adjusted for stock splits. Ranked by market value; options and other non-equity positions may be included where the filing lists them.
Similar-Sized Managers
- Hotchkis & Wiley Capital Management LLC · $34.3B
- M&T Bank Corp · $34.1B
- Pzena Investment Management LLC · $34.1B
- Savant Capital, LLC · $34.1B
- Public Employees Retirement System of Ohio · $34.0B
- NewEdge Advisors, LLC · $33.6B
- William Blair Investment Management, LLC · $33.3B
- Retirement Systems of Alabama · $33.2B
- Barrow Hanley Mewhinney & Strauss LLC · $33.0B
- Blackstone Inc. · $32.9B