North Dakota State Investment Board
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 4, 2026), North Dakota State Investment Board reported 826 stock positions worth $2.5 billion. Its top holding was Nvidia (NVDA) at 5.6% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 5.5%) and Ishr Ibx Usd Invgd CB ETF-Ui (LQD, 5.2%). Compared with Q1 2026, it opened 92 new positions, sold out of 18, added to 632 and reduced 101. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +60%) and the biggest sale iShares Broad Usd Investment (USIG, shares −71%).
- Most Recent 13F
- Q2 2026
- Location
- BISMARCK, ND
- CIK
- 0002064039
- Portfolio Value
- $2.5B (Q2 2026)
- SEC Filing
- 0002064039-26-000005 ↗ filed Aug 4, 2026
Holdings Value
Holdings 826 stocks · $2.5B
| NVDA Nvidia Corp. | 5.59% | 687,707 | $137.6M | Add +1.4% |
| IVV iShares Core S&P 500 ETF | 5.47% | 179,687 | $134.6M | Add +60.0% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 5.17% | 1,167,864 | $127.4M | Add +5.1% |
| AAPL Apple Inc. | 5.01% | 426,229 | $123.3M | Add +0.9% |
| MSFT Microsoft Corp. | 3.32% | 219,052 | $81.7M | Add +1.9% |
| USIG iShares Broad Usd Investment | 3.12% | 1,499,747 | $76.9M | Reduce -71.4% |
| AMZN Amazon.com Inc. | 2.77% | 285,975 | $68.2M | Add +2.9% |
| GOOGL Alphabet Inc. Class A | 2.49% | 171,763 | $61.4M | Add +2.0% |
| AVGO Broadcom Inc. | 2.11% | 137,340 | $51.9M | Add +2.6% |
| GOOG Alphabet Inc. Class C | 2.01% | 140,182 | $49.5M | Add +2.2% |
| MU Micron Technology Inc. | 1.56% | 33,224 | $38.4M | Add +2.6% |
| META Meta Platforms Inc. Class A | 1.49% | 64,930 | $36.6M | Add +2.6% |
| TSLA Tesla Inc. | 1.47% | 86,131 | $36.2M | Add +5.3% |
| LLY Eli Lilly & Co. | 1.15% | 23,539 | $28.2M | Add +1.4% |
| AMD Advanced Micro Devices | 1.13% | 47,888 | $27.8M | Add +2.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.11% | 54,845 | $27.4M | Add +2.6% |
| JPM JPMorgan Chase & Co. | 1.05% | 78,820 | $25.8M | Add +0.1% |
| INTC Intel Corp. | 0.73% | 129,279 | $18.1M | Add +1.1% |
| JNJ Johnson & Johnson | 0.73% | 71,036 | $18.0M | Add +1.9% |
| AMAT Applied Materials Inc. | 0.69% | 23,375 | $16.9M | Add +0.6% |
| XOM Exxon Mobil Corp. | 0.68% | 122,689 | $16.8M | Add +0.2% |
| V Visa Inc. Class A | 0.68% | 48,684 | $16.7M | Reduce -0.2% |
| LRCX Lam Research Corp. | 0.65% | 36,844 | $16.0M | Add +1.3% |
| IGSB iShares 1-5Y Inv Grade Corp. | 0.63% | 297,278 | $15.6M | Reduce -11.3% |
| WMT Walmart Inc. | 0.60% | 129,371 | $14.7M | Add +2.6% |
| CAT Caterpillar Inc. | 0.58% | 13,389 | $14.3M | Reduce -0.2% |
| CSCO Cisco Systems Inc. | 0.57% | 119,859 | $14.1M | Add +1.8% |
| ABBV Abbvie Inc. | 0.53% | 52,197 | $13.1M | Add +1.7% |
| MA Mastercard Inc. Class A | 0.50% | 23,921 | $12.3M | Add +2.6% |
| COST Costco Wholesale Corp. | 0.50% | 13,125 | $12.3M | Add +2.0% |
| UNH Unitedhealth Group Inc. | 0.49% | 29,272 | $12.2M | Add +11.0% |
| KLAC KLA Corp. | 0.47% | 38,571 | $11.6M | Add +1.1% |
| GE General Electric filed as GE AEROSPACE | 0.46% | 30,450 | $11.4M | Add +1.0% |
| BAC Bank of America Corp. | 0.45% | 195,293 | $11.1M | Add +1.4% |
| HD Home Depot Inc. | 0.42% | 29,607 | $10.4M | Add +2.6% |
| PG The Procter & Gamble Co. | 0.41% | 68,746 | $10.1M | Add +1.0% |
| SNDK Sandisk Corp. | 0.39% | 4,253 | $9.7M | Add +8.9% |
| KO The Coca-Cola Co. | 0.38% | 115,638 | $9.4M | Add +2.6% |
| MRK Merck & Co. Inc. | 0.38% | 72,931 | $9.4M | Reduce -0.1% |
| GEV GE Vernova Inc. | 0.38% | 7,931 | $9.3M | Add +0.1% |
| CVX Chevron Corp. | 0.37% | 54,681 | $9.1M | Add +0.7% |
| SPBO SS SPDR P Corp. Bond ETF | 0.37% | 311,928 | $9.1M | Reduce -71.4% |
| NFLX Netflix Inc. | 0.36% | 123,707 | $8.8M | Add +0.7% |
| GS Goldman Sachs Group Inc. | 0.35% | 8,502 | $8.6M | Reduce -0.1% |
| PM Philip Morris International | 0.34% | 46,328 | $8.4M | Add +2.6% |
| WDC Western Digital Corp. | 0.34% | 13,091 | $8.4M | Reduce -21.4% |
| PANW Palo Alto Networks Inc. | 0.33% | 23,786 | $8.1M | Add +5.6% |
| TXN Texas Instruments Inc. | 0.33% | 27,025 | $8.1M | Add +2.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.32% | 27,667 | $7.8M | Add +2.6% |
| MRVL Marvell Technology Inc. | 0.31% | 25,715 | $7.7M | Add +2.7% |
| PLTR Palantir Technologies Inc. Class A | 0.31% | 64,953 | $7.6M | Add +0.9% |
| RTX RTX Corp. | 0.31% | 39,783 | $7.5M | Add +2.6% |
| VTC Vanguard Total Corporate BND | 0.31% | 98,039 | $7.5M | Reduce -73.0% |
| WFC Wells Fargo & Co. | 0.30% | 90,309 | $7.5M | Reduce -0.9% |
| ORCL Oracle Corp. | 0.30% | 50,056 | $7.3M | Add +2.6% |
| C Citigroup Inc. | 0.30% | 52,036 | $7.3M | Add +1.2% |
| LIN Linde PLC | 0.29% | 13,595 | $7.1M | Reduce -0.1% |
| MS Morgan Stanley | 0.28% | 33,037 | $6.9M | Reduce -1.0% |
| QCOM Qualcomm Inc. | 0.27% | 36,587 | $6.8M | Add +0.4% |
| APH Amphenol Corp. Class A | 0.26% | 36,283 | $6.4M | Add +2.6% |
| GLW Corning Inc. | 0.24% | 23,215 | $5.9M | Add +2.6% |
| AMGN Amgen Inc. | 0.24% | 15,994 | $5.8M | Add +0.3% |
| ADI Analog Devices Inc. | 0.23% | 14,534 | $5.8M | Add +1.1% |
| MCD McDonald's Corp. | 0.23% | 21,256 | $5.7M | Add +2.6% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.23% | 7,353 | $5.6M | Add +2.6% |
| PEP Pepsico Inc. | 0.22% | 40,747 | $5.5M | Add +2.6% |
| TMO Thermo Fisher Scientific Inc. | 0.22% | 10,961 | $5.5M | Add +0.2% |
| NEE Nextera Energy Inc. | 0.22% | 62,035 | $5.4M | Add +2.6% |
| VZ Verizon Communications Inc. | 0.22% | 125,587 | $5.3M | Add +1.6% |
| AXP American Express Co. | 0.21% | 15,653 | $5.3M | Add +0.0% |
| CVS CVS Health Corp. | 0.21% | 50,828 | $5.3M | Add +37.0% |
| ANET Arista Networks Inc. | 0.21% | 30,676 | $5.2M | Add +2.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.21% | 52,825 | $5.1M | Add +0.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 33,260 | $5.0M | Add +2.6% |
| ETN Eaton Corp. PLC | 0.20% | 11,653 | $5.0M | Add +2.6% |
| BA The Boeing Co. | 0.20% | 22,468 | $4.9M | Add +3.7% |
| UNP Union Pacific Corp. | 0.20% | 17,783 | $4.8M | Add +2.6% |
| DELL Dell Technologies -C | 0.19% | 11,008 | $4.7M | Add +19.6% |
| GILD Gilead Sciences Inc. | 0.19% | 37,032 | $4.7M | Reduce -4.3% |
| ABT Abbott Laboratories | 0.19% | 51,490 | $4.7M | Add +2.6% |
| WELL Welltower Inc. | 0.19% | 20,447 | $4.6M | Add +2.6% |
| DE Deere & Co. | 0.19% | 7,265 | $4.6M | Add +2.6% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 79,632 | $4.6M | Add +29.5% |
| BKNG Booking Holdings Inc. | 0.18% | 25,265 | $4.5M | Reduce -4.1% |
| SCHW Schwab (charles) Corp. | 0.18% | 48,181 | $4.4M | Reduce -2.6% |
| BLK BlackRock Inc. | 0.18% | 4,537 | $4.4M | Add +2.6% |
| ISRG Intuitive Surgical Inc. | 0.17% | 10,496 | $4.2M | Add +2.6% |
| UBER Uber Technologies Inc. | 0.17% | 57,754 | $4.2M | Reduce -1.0% |
| T AT&T Inc. | 0.17% | 199,717 | $4.1M | Reduce -0.3% |
| EXPE Expedia Group Inc. | 0.17% | 16,033 | $4.1M | Add +67.0% |
| PFE Pfizer Inc. | 0.17% | 168,928 | $4.1M | Reduce -8.0% |
| NEM Newmont Corp. | 0.16% | 41,570 | $3.9M | Add +30.6% |
| SBUX Starbucks Corp. | 0.16% | 37,506 | $3.8M | Add +13.8% |
| COP Conocophillips | 0.16% | 36,794 | $3.8M | Add +1.6% |
| PGR Progressive Corp. | 0.15% | 17,425 | $3.8M | Add +2.6% |
| VRT Vertiv Holdings Co. Class A | 0.15% | 11,312 | $3.8M | Add +2.6% |
| MO Altria Group Inc. | 0.15% | 52,607 | $3.8M | Add +7.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.15% | 7,547 | $3.7M | Add +1.3% |
| FTNT Fortinet Inc. | 0.15% | 24,394 | $3.7M | Add +32.3% |
| PLD Prologis Inc. | 0.15% | 27,582 | $3.7M | Add +2.6% |
Portfolio Sells Q1 2026 → Q2 2026
| USIG iShares Broad Usd Investment | Reduce -71.4% | 3.12% | −8.49 |
| SPBO SS SPDR P Corp. Bond ETF | Reduce -71.4% | 0.37% | −1.00 |
| VTC Vanguard Total Corporate BND | Reduce -73.0% | 0.31% | −0.90 |
| IGIB iShares 5-10Y Inv Grade Corp. | Reduce -70.3% | 0.14% | −0.35 |
| HON Honeywell International Inc. | Sold out | 0.00% | −0.18 |
| IGLB iShares 10+ Year Inv GR Corp. | Reduce -70.3% | 0.07% | −0.17 |
| IGSB iShares 1-5Y Inv Grade Corp. | Reduce -11.3% | 0.63% | −0.13 |
| W Wayfair Inc. Class A | Reduce -91.2% | 0.01% | −0.10 |
| T AT&T Inc. | Reduce -0.3% | 0.17% | −0.08 |
| VRSN Verisign Inc. | Reduce -57.6% | 0.05% | −0.08 |
| CRM Salesforce Inc. | Reduce -13.4% | 0.15% | −0.07 |
| WBD Warner Bros Discovery Inc. | Reduce -41.3% | 0.07% | −0.07 |
| CHWY Chewy Inc. Class A | Sold out | 0.00% | −0.06 |
| ROKU Roku Inc. | Reduce -80.6% | 0.02% | −0.06 |
| PFE Pfizer Inc. | Reduce -8.0% | 0.17% | −0.06 |
| DPZ Domino's Pizza Inc. | Reduce -78.9% | 0.01% | −0.06 |
| DLTR Dollar Tree Inc. | Reduce -43.6% | 0.06% | −0.05 |
| GILD Gilead Sciences Inc. | Reduce -4.3% | 0.19% | −0.04 |
| MCK McKesson Corp. | Reduce -11.3% | 0.11% | −0.04 |
| EA Electronic Arts Inc. | Reduce -34.7% | 0.06% | −0.04 |
| CCL Carnival Corp. | Sold out | 0.00% | −0.04 |
| DD Dupont DE Nemours Inc. | Sold out | 0.00% | −0.03 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.03 |
| MMM 3M Co. | Reduce -27.4% | 0.10% | −0.03 |
| LVS Las Vegas Sands Corp. | Reduce -57.1% | 0.02% | −0.03 |
| CPNG Coupang Inc. | Reduce -42.5% | 0.03% | −0.03 |
| ADBE Adobe Inc. | Reduce -0.5% | 0.10% | −0.03 |
| INCY Incyte Corp. | Reduce -34.4% | 0.08% | −0.03 |
| HCA HCA Healthcare Inc. | Reduce -6.3% | 0.07% | −0.03 |
| OTIS Otis Worldwide Corp. | Reduce -34.4% | 0.03% | −0.03 |
| MTD Mettler-Toledo International | Reduce -41.1% | 0.03% | −0.02 |
| RL Ralph Lauren Corp. | Reduce -60.3% | 0.02% | −0.02 |
| PPG PPG Industries Inc. | Reduce -44.4% | 0.03% | −0.02 |
| RBLX Roblox Corp. Class A | Reduce -28.8% | 0.04% | −0.02 |
| HOLX Hologic Inc. | Sold out | 0.00% | −0.02 |
| SCHW Schwab (charles) Corp. | Reduce -2.6% | 0.18% | −0.02 |
| TTWO Take-Two Interactive Softwre | Reduce -37.2% | 0.06% | −0.02 |
| UI Ubiquiti Inc. | Reduce -9.1% | 0.02% | −0.02 |
| SPGI S&P Global Inc. | Reduce -0.7% | 0.14% | −0.02 |
| ULTA Ulta Beauty Inc. | Reduce -27.0% | 0.02% | −0.02 |
| MNST Monster Beverage Corp. | Reduce -33.0% | 0.08% | −0.02 |
| CHRW C.H. Robinson Worldwide Inc. | Reduce -25.4% | 0.06% | −0.02 |
| BIIB Biogen Inc. | Reduce -34.9% | 0.04% | −0.01 |
| DXCM Dexcom Inc. | Reduce -32.2% | 0.03% | −0.01 |
| P Everpure Inc. Class A | Reduce -46.3% | 0.03% | −0.01 |
| KMB Kimberly-Clark Corp. | Reduce -28.3% | 0.04% | −0.01 |
| U Unity Software Inc. | Reduce -62.4% | 0.01% | −0.01 |
| IDXX Idexx Laboratories Inc. | Reduce -9.7% | 0.05% | −0.01 |
| UBER Uber Technologies Inc. | Reduce -1.0% | 0.17% | −0.01 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -6.8% | 0.05% | −0.01 |
Portfolio Buys Q1 2026 → Q2 2026
| IVV iShares Core S&P 500 ETF | Add +60.0% | 5.47% | +2.29 |
| MU Micron Technology Inc. | Add +2.6% | 1.56% | +1.08 |
| AMD Advanced Micro Devices | Add +2.6% | 1.13% | +0.72 |
| INTC Intel Corp. | Add +1.1% | 0.73% | +0.49 |
| NVDA Nvidia Corp. | Add +1.4% | 5.59% | +0.47 |
| GOOGL Alphabet Inc. Class A | Add +2.0% | 2.49% | +0.40 |
| AAPL Apple Inc. | Add +0.9% | 5.01% | +0.37 |
| AMAT Applied Materials Inc. | Add +0.6% | 0.69% | +0.34 |
| AVGO Broadcom Inc. | Add +2.6% | 2.11% | +0.32 |
| LRCX Lam Research Corp. | Add +1.3% | 0.65% | +0.31 |
| GOOG Alphabet Inc. Class C | Add +2.2% | 2.01% | +0.31 |
| SNDK Sandisk Corp. | Add +8.9% | 0.39% | +0.29 |
| AMZN Amazon.com Inc. | Add +2.9% | 2.77% | +0.26 |
| KLAC KLA Corp. | Add +1.1% | 0.47% | +0.23 |
| LLY Eli Lilly & Co. | Add +1.4% | 1.15% | +0.22 |
| MRVL Marvell Technology Inc. | Add +2.7% | 0.31% | +0.20 |
| UNH Unitedhealth Group Inc. | Add +11.0% | 0.49% | +0.19 |
| CSCO Cisco Systems Inc. | Add +1.8% | 0.57% | +0.18 |
| PANW Palo Alto Networks Inc. | Add +5.6% | 0.33% | +0.17 |
| TSLA Tesla Inc. | Add +5.3% | 1.47% | +0.16 |
| DELL Dell Technologies -C | Add +19.6% | 0.19% | +0.13 |
| GLW Corning Inc. | Add +2.6% | 0.24% | +0.11 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +2.6% | 0.23% | +0.11 |
| AGG iShares Core U.S. Aggregate | New | 0.11% | +0.11 |
| TXN Texas Instruments Inc. | Add +2.6% | 0.33% | +0.11 |
| MRNA Moderna Inc. | Add +311.9% | 0.12% | +0.10 |
| CVS CVS Health Corp. | Add +37.0% | 0.21% | +0.10 |
| BE Bloom Energy Corp. Class A | New | 0.10% | +0.10 |
| GE General Electric | Add +1.0% | 0.46% | +0.09 |
| FTNT Fortinet Inc. | Add +32.3% | 0.15% | +0.09 |
| HUM Humana Inc. | Add +47.2% | 0.12% | +0.08 |
| VTRS Viatris Inc. | Add +376.7% | 0.10% | +0.08 |
| GEV GE Vernova Inc. | Add +0.1% | 0.38% | +0.08 |
| BWA Borgwarner Inc. | Add +430.6% | 0.09% | +0.07 |
| QCOM Qualcomm Inc. | Add +0.4% | 0.27% | +0.07 |
| ALAB Astera Labs Inc. | Add +23.9% | 0.09% | +0.07 |
| EXPE Expedia Group Inc. | Add +67.0% | 0.17% | +0.07 |
| APH Amphenol Corp. Class A | Add +2.6% | 0.26% | +0.07 |
| ILMN Illumina Inc. | Add +33.0% | 0.15% | +0.06 |
| SNX TD Synnex Corp. | Add +228.6% | 0.08% | +0.06 |
| XYZ Block Inc. | Add +111.8% | 0.10% | +0.06 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Add +182.9% | 0.07% | +0.05 |
| MDB Mongodb Inc. | Add +150.4% | 0.08% | +0.05 |
| CRDO Credo Technology Group Holdi | New | 0.05% | +0.05 |
| ANET Arista Networks Inc. | Add +2.6% | 0.21% | +0.05 |
| EXPD Expeditors Intl Wash Inc. | Add +185.7% | 0.08% | +0.05 |
| GM General Motors Co. | Add +64.9% | 0.14% | +0.05 |
| ABBV Abbvie Inc. | Add +1.7% | 0.53% | +0.05 |
| TER Teradyne Inc. | Add +21.0% | 0.11% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +0.1% | 1.05% | +0.05 |