Treasurer of the State of North Carolina
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 9, 2024), Treasurer of the State of North Carolina reported 1,011 stock positions worth $22.8 billion. Its top holding was Microsoft (MSFT) at 6.3% of the portfolio, followed by Apple (AAPL, 5.0%) and Nvidia (NVDA, 4.4%). Compared with Q4 2023, it opened 2 new positions, sold out of 7, added to 715 and reduced 293. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale Apple (AAPL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- RALEIGH, NC
- CIK
- 0001761054
- Portfolio Value
- $22.8B (Q1 2024)
- SEC Filing
- 0001761054-24-000003 ↗ filed May 9, 2024
Holdings Value
Holdings 1,011 stocks · $22.8B
| MSFT Microsoft Corp. | 6.27% | 3,396,631 | $1.4B | Add +0.7% |
| AAPL Apple Inc. | 5.03% | 6,689,809 | $1.1B | Reduce -0.1% |
| NVDA Nvidia Corp. | 4.37% | 1,102,082 | $995.8M | Add +0.3% |
| AMZN Amazon.com Inc. | 3.28% | 4,140,530 | $746.9M | Add +0.7% |
| META Meta Platforms Inc. Class A | 2.21% | 1,036,969 | $503.5M | Reduce 0.0% |
| GOOGL Alphabet Inc. Class A | 1.83% | 2,770,430 | $418.1M | Add +0.7% |
| GOOG Alphabet Inc. Class C | 1.57% | 2,346,232 | $357.2M | Add +0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.55% | 840,554 | $353.5M | Add +0.2% |
| LLY Eli Lilly & Co. | 1.37% | 401,050 | $312.0M | Add +0.1% |
| AVGO Broadcom Inc. | 1.17% | 201,595 | $267.2M | Add +0.8% |
| JPM JPMorgan Chase & Co. | 1.14% | 1,293,519 | $259.1M | Add +0.9% |
| TSLA Tesla Inc. | 0.98% | 1,266,274 | $222.6M | Add +0.3% |
| UNH Unitedhealth Group Inc. | 0.96% | 443,852 | $219.6M | Add +0.9% |
| XOM Exxon Mobil Corp. | 0.91% | 1,788,058 | $207.8M | Reduce -0.6% |
| V Visa Inc. Class A | 0.89% | 726,622 | $202.8M | Reduce -2.0% |
| MA Mastercard Inc. Class A | 0.82% | 387,281 | $186.5M | Add +0.7% |
| JNJ Johnson & Johnson | 0.81% | 1,164,526 | $184.2M | Add +0.8% |
| PG The Procter & Gamble Co. | 0.79% | 1,115,237 | $180.9M | Add +0.6% |
| HD Home Depot Inc. | 0.76% | 453,992 | $174.2M | Add +0.7% |
| MRK Merck & Co. Inc. | 0.72% | 1,249,843 | $164.9M | Add +0.0% |
| ABBV Abbvie Inc. | 0.69% | 869,094 | $158.3M | Add +0.4% |
| COST Costco Wholesale Corp. | 0.64% | 198,074 | $145.1M | Add +0.7% |
| AMD Advanced Micro Devices | 0.58% | 728,795 | $131.5M | Add +0.8% |
| CRM Salesforce Inc. | 0.58% | 435,526 | $131.2M | Reduce -1.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.54% | 3,264,567 | $123.8M | Add +0.6% |
| NFLX Netflix Inc. | 0.54% | 202,228 | $122.8M | Reduce -0.6% |
| CVX Chevron Corp. | 0.53% | 769,260 | $121.3M | Add +0.7% |
| WMT Walmart Inc. | 0.52% | 1,979,076 | $119.1M | Add +0.9% |
| PEP Pepsico Inc. | 0.49% | 633,047 | $110.8M | Add +0.6% |
| KO The Coca-Cola Co. | 0.48% | 1,789,573 | $109.5M | Reduce -0.1% |
| ADBE Adobe Inc. | 0.47% | 212,816 | $107.4M | Reduce -0.3% |
| TMO Thermo Fisher Scientific Inc. | 0.47% | 184,662 | $107.3M | Add +0.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.45% | 840,461 | $102.8M | Add +0.6% |
| CSCO Cisco Systems Inc. | 0.44% | 2,031,722 | $101.4M | Add +0.4% |
| ACN Accenture PLC Class A | 0.44% | 291,425 | $101.0M | Add +0.7% |
| LIN Linde PLC | 0.44% | 216,694 | $100.6M | Add +0.7% |
| ORCL Oracle Corp. | 0.43% | 778,303 | $97.8M | Add +0.3% |
| WFC Wells Fargo & Co. | 0.42% | 1,654,630 | $95.9M | Reduce -1.3% |
| MCD McDonald's Corp. | 0.41% | 335,064 | $94.5M | Reduce -1.9% |
| ABT Abbott Laboratories | 0.40% | 811,969 | $92.3M | Reduce -0.4% |
| VZ Verizon Communications Inc. | 0.40% | 2,194,750 | $92.1M | Add +1.2% |
| QCOM Qualcomm Inc. | 0.40% | 538,247 | $91.1M | Add +2.4% |
| INTC Intel Corp. | 0.39% | 2,019,426 | $89.2M | Add +0.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.39% | 463,569 | $88.5M | Add +6.7% |
| CMCSA Comcast Corp. Class A | 0.38% | 2,002,138 | $86.8M | Add +0.2% |
| CAT Caterpillar Inc. | 0.38% | 235,468 | $86.3M | Add +0.7% |
| GE General Electric | 0.37% | 484,681 | $85.1M | Add +0.7% |
| INTU Intuit Inc. | 0.37% | 129,807 | $84.4M | Add +0.7% |
| AMAT Applied Materials Inc. | 0.36% | 402,280 | $83.0M | Add +0.7% |
| PFE Pfizer Inc. | 0.35% | 2,893,408 | $80.3M | Add +1.7% |
| TXN Texas Instruments Inc. | 0.35% | 454,460 | $79.2M | Add +5.1% |
| DHR Danaher Corp. | 0.34% | 314,799 | $78.6M | Add +0.6% |
| AMGN Amgen Inc. | 0.33% | 262,440 | $74.6M | Add +1.4% |
| UBER Uber Technologies Inc. | 0.31% | 904,723 | $69.7M | Add +0.7% |
| NOW ServiceNow Inc. | 0.30% | 91,149 | $69.5M | Add +0.8% |
| COP Conocophillips | 0.30% | 540,270 | $68.8M | Add +0.5% |
| AXP American Express Co. | 0.30% | 295,675 | $67.3M | Add +4.3% |
| UNP Union Pacific Corp. | 0.29% | 272,504 | $67.0M | Add +0.7% |
| T AT&T Inc. | 0.29% | 3,776,144 | $66.5M | Add +3.9% |
| LOW Lowe's Cos Inc. | 0.29% | 258,189 | $65.8M | Add +0.7% |
| ISRG Intuitive Surgical Inc. | 0.28% | 160,942 | $64.2M | Add +0.6% |
| PM Philip Morris International | 0.28% | 693,797 | $63.6M | Reduce -2.4% |
| PGR Progressive Corp. | 0.28% | 305,911 | $63.3M | Reduce -0.2% |
| RTX RTX Corp. | 0.28% | 642,906 | $62.7M | Add +0.7% |
| HON Honeywell International Inc. | 0.27% | 297,648 | $61.1M | Add +0.7% |
| LRCX Lam Research Corp. | 0.27% | 62,477 | $60.7M | Add +0.7% |
| GS Goldman Sachs Group Inc. | 0.27% | 145,071 | $60.6M | Reduce -0.4% |
| SPGI S&P Global Inc. | 0.27% | 141,999 | $60.4M | Reduce -1.6% |
| MU Micron Technology Inc. | 0.26% | 502,328 | $59.2M | Reduce -0.8% |
| NEE Nextera Energy Inc. | 0.26% | 917,678 | $58.6M | Add +2.1% |
| MDT Medtronic PLC | 0.26% | 672,649 | $58.6M | Add +2.2% |
| SYK Stryker Corp. | 0.26% | 163,714 | $58.6M | Add +0.6% |
| BKNG Booking Holdings Inc. | 0.26% | 16,143 | $58.6M | Reduce -7.0% |
| ELV Elevance Health Inc. | 0.26% | 112,110 | $58.1M | Reduce -1.9% |
| BMY Bristol-Myers Squibb Co. | 0.26% | 1,071,668 | $58.1M | Add +1.3% |
| ETN Eaton Corp. PLC | 0.25% | 183,661 | $57.4M | Add +0.7% |
| BLK BlackRock Finance Inc. | 0.25% | 67,961 | $56.7M | Add +0.7% |
| C Citigroup Inc. | 0.24% | 877,975 | $55.5M | Add +0.6% |
| REGN Regeneron Pharmaceuticals | 0.24% | 57,566 | $55.4M | Reduce -1.8% |
| PLD Prologis Inc. | 0.24% | 420,936 | $54.8M | Reduce -0.1% |
| VRTX Vertex Pharmaceuticals Inc. | 0.24% | 130,739 | $54.6M | Reduce -0.7% |
| CI The Cigna Group | 0.24% | 148,568 | $54.0M | Add +3.3% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.23% | 523,830 | $53.1M | Reduce -3.4% |
| CB Chubb Ltd. | 0.23% | 202,918 | $52.6M | Add +3.7% |
| NKE Nike Inc. Class B | 0.22% | 540,210 | $50.8M | Reduce -0.1% |
| CVS CVS Health Corp. | 0.22% | 625,621 | $49.9M | Add +1.6% |
| GILD Gilead Sciences Inc. | 0.22% | 677,734 | $49.6M | Add +1.1% |
| MS Morgan Stanley | 0.22% | 526,544 | $49.6M | Reduce -2.2% |
| UPS United Parcel Service Class B | 0.22% | 332,826 | $49.5M | Add +0.6% |
| ADI Analog Devices Inc. | 0.22% | 249,934 | $49.4M | Add +1.7% |
| SCHW Schwab (charles) Corp. | 0.22% | 680,527 | $49.2M | Add +0.6% |
| BA The Boeing Co. | 0.21% | 252,828 | $48.8M | Add +2.1% |
| DE Deere & Co. | 0.21% | 118,438 | $48.6M | Reduce -2.1% |
| ADP Automatic Data Processing | 0.21% | 190,005 | $47.5M | Reduce -1.9% |
| KLAC KLA Corp. | 0.21% | 67,640 | $47.3M | Reduce -1.1% |
| MRSH Marsh & McLennan Cos | 0.21% | 227,387 | $46.8M | Add +0.6% |
| BSX Boston Scientific Corp. | 0.20% | 672,159 | $46.0M | Add +0.6% |
| SBUX Starbucks Corp. | 0.20% | 496,875 | $45.4M | Reduce -0.8% |
| LMT Lockheed Martin Corp. | 0.20% | 99,662 | $45.3M | Reduce -1.9% |
| MDLZ Mondelez International Inc. Class A | 0.19% | 624,712 | $43.7M | Add +0.6% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -0.1% | 5.03% | −1.20 |
| ADBE Adobe Inc. | Reduce -0.3% | 0.47% | −0.14 |
| MCD McDonald's Corp. | Reduce -1.9% | 0.41% | −0.08 |
| NKE Nike Inc. Class B | Reduce -0.1% | 0.22% | −0.06 |
| SPLK Splunk Inc. | Sold out | 0.00% | −0.05 |
| PM Philip Morris International | Reduce -2.4% | 0.28% | −0.04 |
| V Visa Inc. Class A | Reduce -2.0% | 0.89% | −0.04 |
| SPGI S&P Global Inc. | Reduce -1.6% | 0.27% | −0.04 |
| BKNG Booking Holdings Inc. | Reduce -7.0% | 0.26% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -43.8% | 0.05% | −0.04 |
| SBUX Starbucks Corp. | Reduce -0.8% | 0.20% | −0.03 |
| BIIB Biogen Inc. | Reduce -2.5% | 0.09% | −0.03 |
| PLD Prologis Inc. | Reduce -0.1% | 0.24% | −0.03 |
| KO The Coca-Cola Co. | Reduce -0.1% | 0.48% | −0.03 |
| APD Air Products & Chemicals Inc. | Reduce -2.4% | 0.11% | −0.03 |
| ABT Abbott Laboratories | Reduce -0.4% | 0.40% | −0.03 |
| WBD Warner Bros Discovery Inc. | Reduce -9.2% | 0.04% | −0.03 |
| MS Morgan Stanley | Reduce -2.2% | 0.22% | −0.03 |
| TMUS T-Mobile US Inc. | Reduce -5.9% | 0.16% | −0.02 |
| KRTX Karuna Therapeutics Inc. | Sold out | 0.00% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -1.9% | 0.20% | −0.02 |
| STT State Street Corp. | Reduce -24.3% | 0.05% | −0.02 |
| DE Deere & Co. | Reduce -2.1% | 0.21% | −0.02 |
| MKTX Marketaxess Holdings Inc. | Reduce -34.5% | 0.02% | −0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -0.7% | 0.24% | −0.02 |
| BDX Becton Dickinson and Co. | Reduce -3.8% | 0.14% | −0.02 |
| TTWO Take-Two Interactive Softwre | Reduce -3.4% | 0.07% | −0.02 |
| PSA Public Storage | Reduce -2.1% | 0.09% | −0.02 |
| RBLX Roblox Corp. Class A | Reduce -8.5% | 0.04% | −0.02 |
| PAYX Paychex Inc. | Reduce -11.2% | 0.08% | −0.02 |
| DLTR Dollar Tree Inc. | Reduce -1.1% | 0.08% | −0.02 |
| MCO Moody's Corp. | Reduce -2.4% | 0.12% | −0.01 |
| EPAM Epam Systems Inc. | Reduce -13.8% | 0.04% | −0.01 |
| IDXX Idexx Laboratories Inc. | Reduce -1.3% | 0.09% | −0.01 |
| RS Reliance Inc. | Reduce -32.2% | 0.04% | −0.01 |
| SRC Spirit Realty Capital Inc. | Sold out | 0.00% | −0.01 |
| TJX TJX Companies Inc. | Reduce -3.4% | 0.23% | −0.01 |
| VTR Ventas Inc. | Reduce -7.8% | 0.04% | −0.01 |
| FNF Fidelity National Financial | Reduce -26.9% | 0.03% | −0.01 |
| MCHP Microchip Technology Inc. | Reduce -0.4% | 0.11% | −0.01 |
| AFL Aflac Inc. | Reduce -5.6% | 0.10% | −0.01 |
| MSCI MSCI Inc. | Reduce -2.4% | 0.08% | −0.01 |
| WLK Westlake Corp. | Reduce -54.6% | 0.01% | −0.01 |
| CPB The Campbell's Company | Reduce -36.6% | 0.02% | −0.01 |
| NOC Northrop Grumman Corp. | Reduce -0.5% | 0.13% | −0.01 |
| MOS The Mosaic Co. | Reduce -12.6% | 0.03% | −0.01 |
| EXPE Expedia Group Inc. | Reduce -5.7% | 0.04% | −0.01 |
| ADP Automatic Data Processing | Reduce -1.9% | 0.21% | −0.01 |
| ENPH Enphase Energy Inc. | Reduce -6.0% | 0.04% | −0.01 |
| VRSK Verisk Analytics Inc. | Reduce -2.4% | 0.07% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +0.3% | 4.37% | +1.74 |
| AMZN Amazon.com Inc. | Add +0.7% | 3.28% | +0.25 |
| LLY Eli Lilly & Co. | Add +0.1% | 1.37% | +0.24 |
| MSFT Microsoft Corp. | Add +0.7% | 6.27% | +0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.2% | 1.55% | +0.10 |
| AVGO Broadcom Inc. | Add +0.8% | 1.17% | +0.09 |
| DIS The Walt Disney Co. | Add +0.6% | 0.45% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +0.9% | 1.14% | +0.08 |
| GE General Electric | Add +0.7% | 0.37% | +0.08 |
| MRK Merck & Co. Inc. | Add +0.0% | 0.72% | +0.06 |
| AMD Advanced Micro Devices | Add +0.8% | 0.58% | +0.06 |
| AMAT Applied Materials Inc. | Add +0.7% | 0.36% | +0.05 |
| ABBV Abbvie Inc. | Add +0.4% | 0.69% | +0.05 |
| IBM Intl Business Machines Corp. | Add +6.7% | 0.39% | +0.04 |
| CAT Caterpillar Inc. | Add +0.7% | 0.38% | +0.04 |
| ETN Eaton Corp. PLC | Add +0.7% | 0.25% | +0.04 |
| AXP American Express Co. | Add +4.3% | 0.30% | +0.04 |
| UBER Uber Technologies Inc. | Add +0.7% | 0.31% | +0.04 |
| CEG Constellation Energy | Add +0.7% | 0.12% | +0.04 |
| ORCL Oracle Corp. | Add +0.3% | 0.43% | +0.03 |
| QCOM Qualcomm Inc. | Add +2.4% | 0.40% | +0.03 |
| LRCX Lam Research Corp. | Add +0.7% | 0.27% | +0.03 |
| CI The Cigna Group | Add +3.3% | 0.24% | +0.03 |
| COIN Coinbase Global Inc. Class A | Add +2.2% | 0.09% | +0.03 |
| C Citigroup Inc. | Add +0.6% | 0.24% | +0.03 |
| MA Mastercard Inc. Class A | Add +0.7% | 0.82% | +0.02 |
| WMT Walmart Inc. | Add +0.9% | 0.52% | +0.02 |
| CMG Chipotle Mexican Grill Inc. | Add +0.6% | 0.16% | +0.02 |
| SYK Stryker Corp. | Add +0.6% | 0.26% | +0.02 |
| PCAR Paccar Inc. | Add +1.1% | 0.15% | +0.02 |
| VLO Valero Energy Corp. | Add +1.4% | 0.12% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +0.6% | 0.28% | +0.02 |
| TGT Target Corp. | Add +1.0% | 0.17% | +0.02 |
| VRT Vertiv Holdings Co. Class A | Add +0.7% | 0.06% | +0.02 |
| DASH DoorDash Inc. Class A | Add +2.0% | 0.08% | +0.02 |
| WSM Williams-Sonoma Inc. | Add +5.3% | 0.05% | +0.02 |
| FISV Fiserv Inc. | Add +1.1% | 0.19% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +0.6% | 0.14% | +0.02 |
| PLTR Palantir Technologies Inc. Class A | Add +1.8% | 0.09% | +0.02 |
| SRPT Sarepta Therapeutics Inc. | Add +57.0% | 0.04% | +0.02 |
| KR Kroger Co. | Add +10.0% | 0.08% | +0.02 |
| CB Chubb Ltd. | Add +3.7% | 0.23% | +0.02 |
| HCA HCA Healthcare Inc. | Add +0.5% | 0.15% | +0.02 |
| SPOT Spotify Technology SA | Add +0.6% | 0.07% | +0.02 |
| ACGL Arch Capital Group Ltd. | Add +7.0% | 0.09% | +0.02 |
| FANG Diamondback Energy Inc. | Add +7.9% | 0.08% | +0.02 |
| BSX Boston Scientific Corp. | Add +0.6% | 0.20% | +0.02 |
| RTX RTX Corp. | Add +0.7% | 0.28% | +0.02 |
| TT Trane Technologies PLC | Add +0.7% | 0.14% | +0.01 |
| BAC Bank of America Corp. | Add +0.6% | 0.54% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,096 | $38.8B | NVDA, AAPL, IWM, MSFT, AMZN |
| Q1 2026 | 1,006 | $31.8B | NVDA, AAPL, IWM, MSFT, AMZN |
| Q4 2025 | 1,010 | $31.2B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 1,010 | $32.5B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 1,015 | $31.2B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 1,007 | $25.1B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 1,013 | $25.7B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 1,021 | $25.0B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 1,020 | $23.6B | MSFT, AAPL, NVDA, AMZN, META |
| Q1 2024 | 1,011 | $22.8B | MSFT, AAPL, NVDA, AMZN, META |