State of Alaska, Department of Revenue
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 27, 2025), State of Alaska, Department of Revenue reported 1,587 stock positions worth $8.9 billion. Its top holding was Apple (AAPL) at 5.9% of the portfolio, followed by Microsoft (MSFT, 5.0%) and Nvidia (NVDA, 4.7%). Compared with Q3 2024, it opened 20 new positions, sold out of 36, added to 284 and reduced 1,255. The biggest buy was Lowe's Cos (LOW, shares +69%) and the biggest sale Fair Isaac (FICO, shares −80%).
- Most Recent 13F
- Q2 2026
- Location
- JUNEAU, AK
- CIK
- 0001370102
- Portfolio Value
- $8.9B (Q4 2024)
- SEC Filing
- 0001370102-25-000002 ↗ filed Jan 27, 2025
Holdings Value
Holdings 1,587 stocks · $8.9B
| AAPL Apple Inc. | 5.93% | 2,118,061 | $530.4M | Reduce -3.4% |
| MSFT Microsoft Corp. | 5.03% | 1,067,542 | $450.0M | Reduce -2.8% |
| NVDA Nvidia Corp. | 4.72% | 3,146,931 | $422.6M | Reduce -1.9% |
| AMZN Amazon.com Inc. | 3.08% | 1,258,008 | $276.0M | Reduce -3.2% |
| META Meta Platforms Inc. Class A | 2.01% | 307,235 | $179.9M | Reduce -7.6% |
| TSLA Tesla Inc. | 1.65% | 364,899 | $147.4M | Reduce -1.1% |
| AVGO Broadcom Inc. | 1.61% | 621,535 | $144.1M | Reduce -9.3% |
| GOOGL Alphabet Inc. Class A | 1.60% | 757,389 | $143.4M | Reduce -8.7% |
| GOOG Alphabet Inc. Class C | 1.59% | 747,800 | $142.4M | Reduce -2.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.33% | 262,956 | $119.2M | Reduce -2.3% |
| JPM JPMorgan Chase & Co. | 0.86% | 321,022 | $77.0M | Reduce -4.1% |
| LLY Eli Lilly & Co. | 0.81% | 93,949 | $72.5M | Reduce -5.2% |
| XOM Exxon Mobil Corp. | 0.79% | 657,609 | $70.7M | Reduce -4.7% |
| UNH Unitedhealth Group Inc. | 0.73% | 129,471 | $65.5M | Add +9.9% |
| MA Mastercard Inc. Class A | 0.73% | 123,448 | $65.0M | Reduce -10.1% |
| V Visa Inc. Class A | 0.70% | 197,055 | $62.3M | Reduce -0.1% |
| PLD Prologis Inc. | 0.65% | 553,928 | $58.5M | Add +0.9% |
| EQIX Equinix Inc. | 0.61% | 57,759 | $54.5M | Add +2.5% |
| AMT American Tower Corp. | 0.57% | 279,764 | $51.3M | Add +0.8% |
| COST Costco Wholesale Corp. | 0.56% | 54,494 | $49.9M | Reduce -8.1% |
| ABBV Abbvie Inc. | 0.55% | 275,614 | $49.0M | Reduce -8.1% |
| WMT Walmart Inc. | 0.53% | 521,269 | $47.1M | Reduce -7.8% |
| NFLX Netflix Inc. | 0.52% | 51,912 | $46.3M | Reduce -13.7% |
| WELL Welltower Inc. | 0.52% | 366,407 | $46.2M | Add +2.6% |
| PG The Procter & Gamble Co. | 0.51% | 272,889 | $45.7M | Reduce -4.6% |
| JNJ Johnson & Johnson | 0.50% | 307,778 | $44.5M | Reduce -12.1% |
| HD Home Depot Inc. | 0.49% | 113,252 | $44.1M | Reduce -2.4% |
| WFC Wells Fargo & Co. | 0.49% | 622,547 | $43.7M | Reduce -9.7% |
| CRM Salesforce Inc. | 0.41% | 109,010 | $36.4M | Reduce -3.2% |
| DLR Digital Realty Trust Inc. | 0.39% | 196,266 | $34.8M | Add +3.3% |
| CSCO Cisco Systems Inc. | 0.38% | 573,436 | $33.9M | Reduce -28.4% |
| CVX Chevron Corp. | 0.38% | 232,624 | $33.7M | Reduce -16.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 761,218 | $33.5M | Reduce -5.2% |
| MRK Merck & Co. Inc. | 0.37% | 334,124 | $33.2M | Reduce -15.1% |
| SPG Simon Property Group Inc. | 0.37% | 191,820 | $33.0M | Add +0.9% |
| QCOM Qualcomm Inc. | 0.35% | 203,940 | $31.3M | Reduce -8.5% |
| LOW Lowe's Cos Inc. | 0.34% | 123,829 | $30.6M | Add +68.7% |
| ORCL Oracle Corp. | 0.34% | 183,258 | $30.5M | Reduce -1.3% |
| PEP Pepsico Inc. | 0.33% | 196,591 | $29.9M | Reduce -25.9% |
| PSA Public Storage | 0.32% | 94,702 | $28.4M | Reduce -0.5% |
| ADBE Adobe Inc. | 0.31% | 63,097 | $28.1M | Add +7.8% |
| O Realty Income Corp. | 0.31% | 522,553 | $27.9M | Reduce -0.8% |
| KO The Coca-Cola Co. | 0.31% | 442,222 | $27.5M | Reduce -3.4% |
| VZ Verizon Communications Inc. | 0.30% | 674,967 | $27.0M | Reduce -2.2% |
| NOW ServiceNow Inc. | 0.29% | 24,872 | $26.4M | Reduce -1.7% |
| COP Conocophillips | 0.28% | 253,986 | $25.2M | Add +11.3% |
| ACN Accenture PLC Class A | 0.28% | 71,242 | $25.1M | Reduce -6.6% |
| CMCSA Comcast Corp. Class A | 0.27% | 648,293 | $24.3M | Reduce -5.8% |
| MCD McDonald's Corp. | 0.26% | 81,701 | $23.7M | Reduce -4.8% |
| AXP American Express Co. | 0.26% | 79,451 | $23.6M | Add +16.2% |
| CCI Crown Castle Inc. | 0.26% | 259,674 | $23.6M | Add +0.6% |
| PM Philip Morris International | 0.26% | 194,275 | $23.4M | Reduce -1.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.26% | 105,420 | $23.2M | Reduce -2.4% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 206,463 | $23.0M | Reduce -2.0% |
| LIN Linde PLC | 0.25% | 54,288 | $22.7M | Reduce -4.6% |
| TMO Thermo Fisher Scientific Inc. | 0.25% | 43,612 | $22.7M | Reduce -1.8% |
| AMP Ameriprise Financial Inc. | 0.25% | 42,029 | $22.4M | Reduce -19.7% |
| ABT Abbott Laboratories | 0.25% | 197,744 | $22.4M | Reduce -8.9% |
| AMD Advanced Micro Devices | 0.25% | 185,059 | $22.4M | Reduce -1.6% |
| T AT&T Inc. | 0.24% | 948,214 | $21.6M | Reduce -1.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 178,587 | $21.6M | Reduce -11.9% |
| ISRG Intuitive Surgical Inc. | 0.24% | 40,619 | $21.2M | Reduce -2.7% |
| PFE Pfizer Inc. | 0.23% | 778,733 | $20.7M | Reduce -6.9% |
| GE General Electric filed as GE AEROSPACE | 0.23% | 123,413 | $20.6M | Reduce -15.3% |
| BMY Bristol-Myers Squibb Co. | 0.23% | 362,632 | $20.5M | Reduce -21.7% |
| GS Goldman Sachs Group Inc. | 0.23% | 35,788 | $20.5M | Reduce -4.1% |
| INTU Intuit Inc. | 0.22% | 31,962 | $20.1M | Reduce -10.5% |
| CAT Caterpillar Inc. | 0.22% | 55,048 | $20.0M | Reduce -7.5% |
| AMGN Amgen Inc. | 0.22% | 75,279 | $19.6M | Reduce -1.5% |
| TXN Texas Instruments Inc. | 0.22% | 104,012 | $19.5M | Reduce -10.8% |
| BKNG Booking Holdings Inc. | 0.21% | 3,776 | $18.8M | Reduce -4.2% |
| EXR Extra Space Storage Inc. | 0.21% | 125,233 | $18.7M | Add +0.6% |
| AVB Avalonbay Communities Inc. | 0.21% | 84,743 | $18.6M | Reduce -6.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.21% | 45,785 | $18.4M | Reduce -4.6% |
| IRM Iron Mountain Inc. filed as IRON MTN INC DEL | 0.20% | 174,102 | $18.3M | Add +0.5% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.20% | 623,189 | $18.2M | Reduce -3.1% |
| SPGI S&P Global Inc. | 0.20% | 36,201 | $18.0M | Reduce -2.7% |
| MS Morgan Stanley | 0.20% | 141,494 | $17.8M | Reduce -6.1% |
| PLTR Palantir Technologies Inc. Class A | 0.20% | 233,695 | $17.7M | Reduce -37.0% |
| RTX RTX Corp. | 0.20% | 151,749 | $17.6M | Reduce -1.8% |
| BLK BlackRock Inc. | 0.19% | 16,600 | $17.0M | Reduce -1.2% |
| DHR Danaher Corp. | 0.19% | 73,287 | $16.8M | Reduce -2.7% |
| NEE Nextera Energy Inc. | 0.19% | 234,481 | $16.8M | Reduce -1.8% |
| HON Honeywell International Inc. | 0.19% | 74,137 | $16.7M | Reduce -3.4% |
| GILD Gilead Sciences Inc. | 0.19% | 180,407 | $16.7M | Reduce -12.2% |
| SEIC Sei Investments Company | 0.18% | 199,205 | $16.4M | Reduce -0.2% |
| ELV Elevance Health Inc. | 0.18% | 44,514 | $16.4M | Reduce -12.3% |
| PGR Progressive Corp. | 0.18% | 66,844 | $16.0M | Reduce -1.8% |
| VMRK Vivmark Residential filed as EQUITY RESIDENTIAL | 0.18% | 221,175 | $15.9M | Reduce -7.9% |
| MO Altria Group Inc. | 0.18% | 303,223 | $15.9M | Reduce -10.1% |
| UNP Union Pacific Corp. | 0.18% | 69,121 | $15.8M | Reduce -4.8% |
| FISV Fiserv Inc. | 0.17% | 74,613 | $15.3M | Reduce -2.6% |
| AMAT Applied Materials Inc. | 0.17% | 93,996 | $15.3M | Reduce -18.3% |
| C Citigroup Inc. | 0.17% | 215,679 | $15.2M | Reduce -7.6% |
| LMT Lockheed Martin Corp. | 0.17% | 31,219 | $15.2M | Add +13.5% |
| BA The Boeing Co. | 0.17% | 85,254 | $15.1M | Add +25.4% |
| BSX Boston Scientific Corp. | 0.17% | 168,031 | $15.0M | Reduce -5.7% |
| ETN Eaton Corp. PLC | 0.17% | 45,060 | $15.0M | Reduce -15.6% |
| MDT Medtronic PLC | 0.17% | 186,211 | $14.9M | Add +17.0% |
| VNT Vontier Corp. | 0.17% | 407,565 | $14.9M | Reduce -0.2% |
Portfolio Sells Q3 2024 → Q4 2024
| FICO Fair Isaac Corp. | Reduce -80.4% | 0.06% | −0.23 |
| PEP Pepsico Inc. | Reduce -25.9% | 0.33% | −0.14 |
| LLY Eli Lilly & Co. | Reduce -5.2% | 0.81% | −0.12 |
| JNJ Johnson & Johnson | Reduce -12.1% | 0.50% | −0.10 |
| MRK Merck & Co. Inc. | Reduce -15.1% | 0.37% | −0.10 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -70.5% | 0.05% | −0.10 |
| ELV Elevance Health Inc. | Reduce -12.3% | 0.18% | −0.10 |
| EVR Evercore Inc. Class A | Reduce -88.6% | 0.01% | −0.08 |
| CHH Choice Hotels Intl Inc. | Reduce -95.9% | 0.00% | −0.08 |
| ABBV Abbvie Inc. | Reduce -8.1% | 0.55% | −0.08 |
| REGN Regeneron Pharmaceuticals | Reduce -11.9% | 0.14% | −0.08 |
| UBER Uber Technologies Inc. | Reduce -20.3% | 0.16% | −0.08 |
| AMD Advanced Micro Devices | Reduce -1.6% | 0.25% | −0.08 |
| AMAT Applied Materials Inc. | Reduce -18.3% | 0.17% | −0.08 |
| CSCO Cisco Systems Inc. | Reduce -28.4% | 0.38% | −0.07 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −0.07 |
| SNPS Synopsys Inc. | Reduce -43.8% | 0.10% | −0.07 |
| XOM Exxon Mobil Corp. | Reduce -4.7% | 0.79% | −0.07 |
| AXON Axon Enterprise Inc. | Reduce -70.1% | 0.05% | −0.06 |
| GE General Electric | Reduce -15.3% | 0.23% | −0.06 |
| CVX Chevron Corp. | Reduce -16.4% | 0.38% | −0.06 |
| KLAC KLA Corp. | Reduce -17.7% | 0.13% | −0.06 |
| TMUS T-Mobile US Inc. | Reduce -36.7% | 0.14% | −0.06 |
| QCOM Qualcomm Inc. | Reduce -8.5% | 0.35% | −0.05 |
| CCC CCC Intelligent Solutions Ho | Reduce -99.8% | 0.00% | −0.05 |
| MPWR Monolithic Power Systems Inc. | Reduce -38.2% | 0.04% | −0.05 |
| PSA Public Storage | Reduce -0.5% | 0.32% | −0.05 |
| LRCX Lam Research Corp. | Reduce -23.9% | 0.12% | −0.05 |
| O Realty Income Corp. | Reduce -0.8% | 0.31% | −0.04 |
| ALL Allstate Corp. | Reduce -43.5% | 0.07% | −0.04 |
| AMGN Amgen Inc. | Reduce -1.5% | 0.22% | −0.04 |
| HSY The Hershey Co. | Reduce -47.6% | 0.04% | −0.04 |
| KO The Coca-Cola Co. | Reduce -3.4% | 0.31% | −0.04 |
| PCAR Paccar Inc. | Reduce -42.7% | 0.07% | −0.04 |
| NVR NVR Inc. | Reduce -25.4% | 0.08% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -1.8% | 0.25% | −0.04 |
| CMA Comerica Inc. | Reduce -80.2% | 0.01% | −0.04 |
| TXN Texas Instruments Inc. | Reduce -10.8% | 0.22% | −0.04 |
| CRS Carpenter Technology | Reduce -80.1% | 0.01% | −0.04 |
| CVS CVS Health Corp. | Reduce -5.1% | 0.09% | −0.04 |
| HUBS HubSpot Inc. | Sold out | 0.00% | −0.04 |
| IT Gartner Inc. | Reduce -29.4% | 0.09% | −0.04 |
| DASH DoorDash Inc. Class A | Sold out | 0.00% | −0.03 |
| DHR Danaher Corp. | Reduce -2.7% | 0.19% | −0.03 |
| LIN Linde PLC | Reduce -4.6% | 0.25% | −0.03 |
| CMCSA Comcast Corp. Class A | Reduce -5.8% | 0.27% | −0.03 |
| ZTS Zoetis Inc. | Reduce -15.4% | 0.09% | −0.03 |
| TSCO Tractor Supply Company | Reduce -44.5% | 0.04% | −0.03 |
| FAST Fastenal Co. | Reduce -40.6% | 0.05% | −0.03 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -4.6% | 0.21% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| LOW Lowe's Cos Inc. | Add +68.7% | 0.34% | +0.13 |
| APO Apollo Global Management Inc. | New | 0.09% | +0.09 |
| EQIX Equinix Inc. | Add +2.5% | 0.61% | +0.08 |
| AXP American Express Co. | Add +16.2% | 0.26% | +0.07 |
| DLR Digital Realty Trust Inc. | Add +3.3% | 0.39% | +0.06 |
| BA The Boeing Co. | Add +25.4% | 0.17% | +0.06 |
| HES Hess Corp. | Add +91.0% | 0.11% | +0.06 |
| MTCH Match Group Inc. | Add +496.3% | 0.07% | +0.05 |
| WDAY Workday Inc. Class A | Add +218.7% | 0.07% | +0.05 |
| TRNO Terreno Realty Corp. | Add +126.1% | 0.07% | +0.04 |
| WELL Welltower Inc. | Add +2.6% | 0.52% | +0.03 |
| SKY Champion Homes Inc. | New | 0.03% | +0.03 |
| HIMS Hims & Hers Health Inc. | New | 0.03% | +0.03 |
| SPG Simon Property Group Inc. | Add +0.9% | 0.37% | +0.03 |
| PCG P G & E Corp. | Add +40.7% | 0.08% | +0.03 |
| COP Conocophillips | Add +11.3% | 0.28% | +0.03 |
| JNPR Juniper Networks Inc. | Add +163.0% | 0.04% | +0.03 |
| QRVO Qorvo Inc. | Add +179.7% | 0.04% | +0.02 |
| RCL Royal Caribbean Cruises Ltd. | Add +2.5% | 0.07% | +0.02 |
| DOCU Docusign Inc. | Add +494.2% | 0.02% | +0.02 |
| DXC DXC Technology Co. | Add +86.9% | 0.04% | +0.02 |
| LDOS Leidos Holdings Inc. | Add +86.7% | 0.05% | +0.02 |
| SMCI Super Micro Computer Inc. | New | 0.02% | +0.02 |
| FLEX Flex Ltd. | New | 0.02% | +0.02 |
| JWN Nordstrom Inc. | Add +603.5% | 0.02% | +0.02 |
| ALK Alaska Air Group Inc. | Add +0.2% | 0.05% | +0.02 |
| LBRT Liberty Energy Inc. | Add +75.8% | 0.04% | +0.02 |
| AMED Amedisys Inc. | Add +448.3% | 0.02% | +0.02 |
| ECG Everus Construction Group | Add +390.4% | 0.02% | +0.02 |
| AJG Arthur J Gallagher & Co. | Add +5.2% | 0.16% | +0.02 |
| MDU Mdu Resources Group Inc. | Add +391.3% | 0.02% | +0.02 |
| GPC Genuine Parts Co. | Add +66.8% | 0.05% | +0.02 |
| CRGY Crescent Energy Inc. Class A | New | 0.02% | +0.02 |
| HALO Halozyme Therapeutics Inc. | Add +213.4% | 0.02% | +0.02 |
| CSTM Constellium SE | New | 0.02% | +0.02 |
| SCHH Schwab US REIT ETF | Add +198.5% | 0.02% | +0.02 |
| WKC World Kinect Corp. | Add +155.0% | 0.03% | +0.02 |
| ESNT Essent Group Ltd. | Add +216.3% | 0.02% | +0.02 |
| OSK Oshkosh Corp. | Add +181.7% | 0.02% | +0.01 |
| MDT Medtronic PLC | Add +17.0% | 0.17% | +0.01 |
| LHX L3HARRIS Technologies Inc. | Add +34.4% | 0.07% | +0.01 |
| IJR iShares Core S&P Small-Cap E | New | 0.01% | +0.01 |
| HEI Heico Corp. | New | 0.01% | +0.01 |
| PII Polaris Inc. | Add +371.7% | 0.02% | +0.01 |
| AHR American Healthcare REIT Inc. | Add +101.3% | 0.02% | +0.01 |
| MAC The Macerich Co. | Add +11.9% | 0.06% | +0.01 |
| OMC Omnicom Group | Add +65.5% | 0.04% | +0.01 |
| SMTC Semtech Corp. | Add +12.0% | 0.03% | +0.01 |
| CROX Crocs Inc. | Add +129.8% | 0.03% | +0.01 |
| HRL Hormel Foods Corp. | Add +96.1% | 0.02% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 2,173 | $10.1B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 2,191 | $9.2B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 2,204 | $9.4B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 2,081 | $9.8B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 1,583 | $9.3B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2025 | 1,581 | $8.8B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 1,587 | $8.9B | AAPL, MSFT, NVDA, AMZN, META |
| Q3 2024 | 1,600 | $9.4B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 1,605 | $8.9B | MSFT, AAPL, NVDA, AMZN, META |
| Q1 2024 | 1,598 | $8.8B | MSFT, AAPL, NVDA, AMZN, META |