North Dakota State Investment Board
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 5, 2026), North Dakota State Investment Board reported 826 stock positions worth $2.7 billion. Its top holding was iShares Broad Usd Investment (USIG) at 10.1% of the portfolio, followed by Nvidia (NVDA, 5.6%) and Apple (AAPL, 5.1%).
- Most Recent 13F
- Q2 2026
- Location
- BISMARCK, ND
- CIK
- 0002064039
- Portfolio Value
- $2.7B (Q4 2025)
- SEC Filing
- 0002064039-26-000002 ↗ filed Feb 5, 2026
Holdings Value
Holdings 826 stocks · $2.7B
| USIG iShares Broad Usd Investment | 10.10% | 5,241,476 | $271.4M | — |
| NVDA Nvidia Corp. | 5.56% | 801,758 | $149.5M | — |
| AAPL Apple Inc. | 5.06% | 499,753 | $135.9M | — |
| MSFT Microsoft Corp. | 4.58% | 254,339 | $123.0M | — |
| IVV iShares Core S&P 500 ETF | 3.47% | 136,196 | $93.3M | — |
| AMZN Amazon.com Inc. | 2.82% | 328,885 | $75.9M | — |
| GOOGL Alphabet Inc. Class A | 2.32% | 199,351 | $62.4M | — |
| AVGO Broadcom Inc. | 2.04% | 158,311 | $54.8M | — |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 1.93% | 471,460 | $52.0M | — |
| GOOG Alphabet Inc. Class C | 1.90% | 162,381 | $51.0M | — |
| META Meta Platforms Inc. Class A | 1.84% | 74,894 | $49.4M | — |
| TSLA Tesla Inc. | 1.61% | 96,475 | $43.4M | — |
| SPBO SS SPDR P Corp. Bond ETF | 1.19% | 1,089,068 | $32.0M | — |
| BRK.B Berkshire Hathaway Inc. Class B | 1.18% | 63,265 | $31.8M | — |
| JPM JPMorgan Chase & Co. | 1.14% | 95,274 | $30.7M | — |
| LLY Eli Lilly & Co. | 1.10% | 27,482 | $29.5M | — |
| VTC Vanguard Total Corporate BND | 1.05% | 362,872 | $28.2M | — |
| V Visa Inc. Class A | 0.76% | 58,418 | $20.5M | — |
| XOM Exxon Mobil Corp. | 0.67% | 148,678 | $17.9M | — |
| JNJ Johnson & Johnson | 0.64% | 82,529 | $17.1M | — |
| WMT Walmart Inc. | 0.62% | 149,175 | $16.6M | — |
| MA Mastercard Inc. Class A | 0.59% | 27,890 | $15.9M | — |
| ABBV Abbvie Inc. | 0.52% | 60,762 | $13.9M | — |
| NFLX Netflix Inc. | 0.51% | 145,330 | $13.6M | — |
| PLTR Palantir Technologies Inc. Class A | 0.50% | 75,965 | $13.5M | — |
| COST Costco Wholesale Corp. | 0.49% | 15,223 | $13.1M | — |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.47% | 231,252 | $12.7M | — |
| AMD Advanced Micro Devices | 0.44% | 55,219 | $11.8M | — |
| HD Home Depot Inc. | 0.44% | 34,147 | $11.7M | — |
| PG The Procter & Gamble Co. | 0.43% | 80,561 | $11.5M | — |
| IGIB iShares 5-10Y Inv Grade Corp. | 0.42% | 212,002 | $11.4M | — |
| GE General Electric filed as GE AEROSPACE | 0.41% | 36,057 | $11.1M | — |
| ORCL Oracle Corp. | 0.41% | 56,787 | $11.1M | — |
| MU Micron Technology Inc. | 0.41% | 38,318 | $10.9M | — |
| CSCO Cisco Systems Inc. | 0.40% | 139,004 | $10.7M | — |
| WFC Wells Fargo & Co. | 0.38% | 110,621 | $10.3M | — |
| UNH Unitedhealth Group Inc. | 0.38% | 31,213 | $10.3M | — |
| CVX Chevron Corp. | 0.37% | 65,869 | $10.0M | — |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.35% | 31,909 | $9.5M | — |
| KO The Coca-Cola Co. | 0.35% | 133,386 | $9.3M | — |
| MRK Merck & Co. Inc. | 0.34% | 86,432 | $9.1M | — |
| CAT Caterpillar Inc. | 0.34% | 15,875 | $9.1M | — |
| GS Goldman Sachs Group Inc. | 0.34% | 10,308 | $9.1M | — |
| PM Philip Morris International | 0.32% | 53,434 | $8.6M | — |
| CRM Salesforce Inc. | 0.32% | 32,000 | $8.5M | — |
| RTX RTX Corp. | 0.31% | 45,884 | $8.4M | — |
| LRCX Lam Research Corp. | 0.28% | 43,864 | $7.5M | — |
| TMO Thermo Fisher Scientific Inc. | 0.28% | 12,952 | $7.5M | — |
| MCD McDonald's Corp. | 0.28% | 24,517 | $7.5M | — |
| ABT Abbott Laboratories | 0.28% | 59,377 | $7.4M | — |
| C Citigroup Inc. | 0.27% | 62,606 | $7.3M | — |
| QCOM Qualcomm Inc. | 0.27% | 42,458 | $7.3M | — |
| AMAT Applied Materials Inc. | 0.26% | 27,507 | $7.1M | — |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 62,119 | $7.1M | — |
| MS Morgan Stanley | 0.26% | 39,442 | $7.0M | — |
| AXP American Express Co. | 0.26% | 18,843 | $7.0M | — |
| ISRG Intuitive Surgical Inc. | 0.26% | 12,238 | $6.9M | — |
| LIN Linde PLC | 0.26% | 16,105 | $6.9M | — |
| PEP Pepsico Inc. | 0.25% | 46,997 | $6.7M | — |
| BKNG Booking Holdings Inc. | 0.25% | 1,233 | $6.6M | — |
| INTU Intuit Inc. | 0.23% | 9,359 | $6.2M | — |
| AMGN Amgen Inc. | 0.23% | 18,823 | $6.2M | — |
| GEV GE Vernova Inc. | 0.23% | 9,377 | $6.1M | — |
| T AT&T Inc. | 0.22% | 240,452 | $6.0M | — |
| VZ Verizon Communications Inc. | 0.22% | 146,135 | $6.0M | — |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.22% | 38,364 | $5.9M | — |
| SCHW Schwab (charles) Corp. | 0.22% | 58,531 | $5.8M | — |
| ACN Accenture PLC Class A | 0.21% | 21,471 | $5.8M | — |
| NEE Nextera Energy Inc. | 0.21% | 70,727 | $5.7M | — |
| UBER Uber Technologies Inc. | 0.21% | 68,982 | $5.6M | — |
| BLK BlackRock Inc. | 0.21% | 5,240 | $5.6M | — |
| IGLB iShares 10+ Year Inv GR Corp. | 0.21% | 111,002 | $5.6M | — |
| APH Amphenol Corp. Class A | 0.21% | 41,339 | $5.6M | — |
| GILD Gilead Sciences Inc. | 0.21% | 45,461 | $5.6M | — |
| BA The Boeing Co. | 0.21% | 25,630 | $5.6M | — |
| KLAC KLA Corp. | 0.21% | 4,565 | $5.5M | — |
| INTC Intel Corp. | 0.21% | 149,868 | $5.5M | — |
| SPGI S&P Global Inc. | 0.20% | 10,525 | $5.5M | — |
| APP AppLovin Corp. Class A | 0.20% | 8,147 | $5.5M | — |
| NOW ServiceNow Inc. | 0.20% | 35,435 | $5.4M | — |
| TXN Texas Instruments Inc. | 0.20% | 31,169 | $5.4M | — |
| PFE Pfizer Inc. | 0.20% | 214,779 | $5.3M | — |
| COF Capital One Financial Corp. | 0.19% | 21,548 | $5.2M | — |
| ADBE Adobe Inc. | 0.19% | 14,747 | $5.2M | — |
| DHR Danaher Corp. | 0.19% | 21,880 | $5.0M | — |
| BSX Boston Scientific Corp. | 0.18% | 50,618 | $4.8M | — |
| UNP Union Pacific Corp. | 0.18% | 20,515 | $4.7M | — |
| LOW Lowe's Cos Inc. | 0.18% | 19,672 | $4.7M | — |
| ANET Arista Networks Inc. | 0.17% | 35,381 | $4.6M | — |
| ADI Analog Devices Inc. | 0.17% | 17,015 | $4.6M | — |
| PGR Progressive Corp. | 0.17% | 20,097 | $4.6M | — |
| ETN Eaton Corp. PLC | 0.16% | 13,442 | $4.3M | — |
| WELL Welltower Inc. | 0.16% | 22,951 | $4.3M | — |
| HON Honeywell International Inc. | 0.16% | 21,811 | $4.3M | — |
| MDT Medtronic PLC | 0.16% | 43,981 | $4.2M | — |
| SYK Stryker Corp. | 0.15% | 11,804 | $4.1M | — |
| PANW Palo Alto Networks Inc. | 0.15% | 22,518 | $4.1M | — |
| COP Conocophillips | 0.15% | 43,430 | $4.1M | — |
| PLD Prologis Inc. | 0.15% | 31,812 | $4.1M | — |
| MMM 3M Co. | 0.15% | 25,030 | $4.0M | — |
Portfolio Sells Q4 2025
No earlier filing to compare with.
Portfolio Buys Q4 2025
No earlier filing to compare with.