Treasurer of the State of North Carolina
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Treasurer of the State of North Carolina reported 1,020 stock positions worth $23.6 billion. Its top holding was Microsoft (MSFT) at 6.4% of the portfolio, followed by Apple (AAPL, 5.9%) and Nvidia (NVDA, 5.7%). Compared with Q1 2024, it opened 36 new positions, sold out of 30, added to 314 and reduced 669. The biggest buy was Broadcom (AVGO, shares +7%) and the biggest sale an exit from Pioneer Natural Resources (PXD).
- Most Recent 13F
- Q2 2026
- Location
- RALEIGH, NC
- CIK
- 0001761054
- Portfolio Value
- $23.6B (Q2 2024)
- SEC Filing
- 0001761054-24-000005 ↗ filed Aug 14, 2024
Holdings Value
Holdings 1,020 stocks · $23.6B
| MSFT Microsoft Corp. | 6.36% | 3,356,567 | $1.5B | Reduce -1.2% |
| AAPL Apple Inc. | 5.89% | 6,588,672 | $1.4B | Reduce -1.5% |
| NVDA Nvidia Corp. | 5.66% | 10,802,770 | $1.3B | Reduce -2.0% |
| AMZN Amazon.com Inc. | 3.48% | 4,249,011 | $821.1M | Add +2.6% |
| META Meta Platforms Inc. Class A | 2.20% | 1,030,283 | $519.5M | Reduce -0.6% |
| GOOGL Alphabet Inc. Class A | 2.10% | 2,713,955 | $494.3M | Reduce -2.0% |
| GOOG Alphabet Inc. Class C | 1.77% | 2,277,353 | $417.7M | Reduce -2.9% |
| LLY Eli Lilly & Co. | 1.55% | 402,974 | $364.8M | Add +0.5% |
| AVGO Broadcom Inc. | 1.47% | 216,507 | $347.6M | Add +7.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.44% | 834,703 | $339.6M | Reduce -0.7% |
| JPM JPMorgan Chase & Co. | 1.08% | 1,262,880 | $255.4M | Reduce -2.4% |
| TSLA Tesla Inc. | 1.06% | 1,266,573 | $250.6M | Add +0.0% |
| XOM Exxon Mobil Corp. | 0.95% | 1,954,233 | $225.0M | Add +9.3% |
| UNH Unitedhealth Group Inc. | 0.91% | 422,058 | $214.9M | Reduce -4.9% |
| V Visa Inc. Class A | 0.79% | 709,801 | $186.3M | Reduce -2.3% |
| PG The Procter & Gamble Co. | 0.78% | 1,112,729 | $183.5M | Reduce -0.2% |
| JNJ Johnson & Johnson | 0.74% | 1,190,072 | $173.9M | Add +2.2% |
| MA Mastercard Inc. Class A | 0.73% | 388,367 | $171.3M | Add +0.3% |
| COST Costco Wholesale Corp. | 0.70% | 193,050 | $164.1M | Reduce -2.5% |
| MRK Merck & Co. Inc. | 0.66% | 1,252,199 | $155.0M | Add +0.2% |
| HD Home Depot Inc. | 0.64% | 440,606 | $151.7M | Reduce -3.0% |
| ABBV Abbvie Inc. | 0.64% | 878,974 | $150.8M | Add +1.1% |
| WMT Walmart Inc. | 0.60% | 2,090,678 | $141.6M | Add +5.6% |
| NFLX Netflix Inc. | 0.57% | 200,323 | $135.2M | Reduce -0.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.56% | 3,326,217 | $132.3M | Add +1.9% |
| ADBE Adobe Inc. | 0.51% | 215,109 | $119.5M | Add +1.1% |
| AMD Advanced Micro Devices | 0.50% | 726,185 | $117.8M | Reduce -0.4% |
| CVX Chevron Corp. | 0.50% | 750,231 | $117.4M | Reduce -2.5% |
| ORCL Oracle Corp. | 0.50% | 828,328 | $117.0M | Add +6.4% |
| CRM Salesforce Inc. | 0.49% | 450,797 | $115.9M | Add +3.5% |
| QCOM Qualcomm Inc. | 0.47% | 557,659 | $111.1M | Add +3.6% |
| KO The Coca-Cola Co. | 0.47% | 1,737,756 | $110.6M | Reduce -2.9% |
| TMO Thermo Fisher Scientific Inc. | 0.43% | 185,411 | $102.5M | Add +0.4% |
| PEP Pepsico Inc. | 0.43% | 615,463 | $101.5M | Reduce -2.8% |
| CSCO Cisco Systems Inc. | 0.43% | 2,114,073 | $100.4M | Add +4.0% |
| AMAT Applied Materials Inc. | 0.42% | 419,354 | $99.0M | Add +4.2% |
| WFC Wells Fargo & Co. | 0.42% | 1,651,560 | $98.1M | Reduce -0.2% |
| TXN Texas Instruments Inc. | 0.39% | 476,619 | $92.7M | Add +4.9% |
| VZ Verizon Communications Inc. | 0.39% | 2,227,053 | $91.8M | Add +1.5% |
| LIN Linde PLC | 0.39% | 209,215 | $91.8M | Reduce -3.5% |
| INTU Intuit Inc. | 0.39% | 138,614 | $91.1M | Add +6.8% |
| ACN Accenture PLC Class A | 0.38% | 295,866 | $89.8M | Add +1.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.36% | 491,375 | $85.0M | Add +6.0% |
| DHR Danaher Corp. | 0.35% | 330,542 | $82.6M | Add +5.0% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.35% | 831,760 | $82.6M | Reduce -1.0% |
| MCD McDonald's Corp. | 0.35% | 322,579 | $82.2M | Reduce -3.7% |
| AMGN Amgen Inc. | 0.35% | 261,774 | $81.8M | Reduce -0.3% |
| ABT Abbott Laboratories | 0.35% | 784,508 | $81.5M | Reduce -3.4% |
| CMCSA Comcast Corp. Class A | 0.34% | 2,072,389 | $81.2M | Add +3.5% |
| PFE Pfizer Inc. | 0.33% | 2,793,880 | $78.2M | Reduce -3.4% |
| NOW ServiceNow Inc. | 0.32% | 96,639 | $76.0M | Add +6.0% |
| CAT Caterpillar Inc. | 0.32% | 226,494 | $75.4M | Reduce -3.8% |
| GE General Electric filed as GE AEROSPACE | 0.32% | 473,995 | $75.4M | Reduce -2.2% |
| T AT&T Inc. | 0.30% | 3,739,277 | $71.5M | Reduce -1.0% |
| AXP American Express Co. | 0.30% | 305,535 | $70.7M | Add +3.3% |
| ISRG Intuitive Surgical Inc. | 0.30% | 158,892 | $70.7M | Reduce -1.3% |
| LRCX Lam Research Corp. | 0.30% | 66,139 | $70.4M | Add +5.9% |
| PM Philip Morris International | 0.29% | 676,899 | $68.6M | Reduce -2.4% |
| UBER Uber Technologies Inc. | 0.28% | 899,472 | $65.4M | Reduce -0.6% |
| MU Micron Technology Inc. | 0.28% | 493,516 | $64.9M | Reduce -1.8% |
| GS Goldman Sachs Group Inc. | 0.27% | 141,248 | $63.9M | Reduce -2.6% |
| NEE Nextera Energy Inc. | 0.27% | 895,334 | $63.4M | Reduce -2.4% |
| INTC Intel Corp. | 0.27% | 2,032,979 | $63.0M | Add +0.7% |
| REGN Regeneron Pharmaceuticals | 0.26% | 59,107 | $62.1M | Add +2.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.26% | 131,919 | $61.8M | Add +0.9% |
| SPGI S&P Global Inc. | 0.26% | 138,177 | $61.6M | Reduce -2.7% |
| ADI Analog Devices Inc. | 0.26% | 268,803 | $61.4M | Add +7.5% |
| BKNG Booking Holdings Inc. | 0.26% | 15,475 | $61.3M | Reduce -4.1% |
| COP Conocophillips | 0.26% | 533,916 | $61.1M | Reduce -1.2% |
| PGR Progressive Corp. | 0.26% | 292,162 | $60.7M | Reduce -4.5% |
| HON Honeywell International Inc. | 0.26% | 283,748 | $60.6M | Reduce -4.7% |
| UNP Union Pacific Corp. | 0.25% | 265,637 | $60.1M | Reduce -2.5% |
| KLAC KLA Corp. | 0.25% | 71,710 | $59.1M | Add +6.0% |
| RTX RTX Corp. | 0.25% | 578,988 | $58.1M | Reduce -9.9% |
| MDT Medtronic PLC | 0.24% | 729,956 | $57.5M | Add +8.5% |
| ELV Elevance Health Inc. | 0.24% | 104,085 | $56.4M | Reduce -7.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.24% | 507,216 | $55.8M | Reduce -3.2% |
| BLK BlackRock Finance Inc. | 0.24% | 70,566 | $55.6M | Add +3.8% |
| SYK Stryker Corp. | 0.23% | 162,835 | $55.4M | Reduce -0.5% |
| LOW Lowe's Cos Inc. | 0.23% | 249,317 | $55.0M | Reduce -3.4% |
| ETN Eaton Corp. PLC | 0.23% | 173,825 | $54.5M | Reduce -5.4% |
| C Citigroup Inc. | 0.23% | 857,121 | $54.4M | Reduce -2.4% |
| PANW Palo Alto Networks Inc. | 0.23% | 160,253 | $54.3M | Add +8.0% |
| BSX Boston Scientific Corp. | 0.22% | 663,560 | $51.1M | Reduce -1.3% |
| MS Morgan Stanley | 0.21% | 520,507 | $50.6M | Reduce -1.1% |
| CI The Cigna Group | 0.21% | 152,003 | $50.2M | Add +2.3% |
| SCHW Schwab (charles) Corp. | 0.21% | 663,406 | $48.9M | Reduce -2.5% |
| CB Chubb Ltd. | 0.20% | 188,447 | $48.1M | Reduce -7.1% |
| WM Waste Management Inc. | 0.20% | 222,407 | $47.4M | Add +17.2% |
| MRSH Marsh & McLennan Cos | 0.20% | 220,678 | $46.5M | Reduce -3.0% |
| PLD Prologis Inc. | 0.20% | 410,520 | $46.1M | Reduce -2.5% |
| BA The Boeing Co. | 0.20% | 253,084 | $46.1M | Add +0.1% |
| LMT Lockheed Martin Corp. | 0.20% | 98,462 | $46.0M | Reduce -1.2% |
| UPS United Parcel Service Class B | 0.19% | 326,342 | $44.7M | Reduce -1.9% |
| ANET Arista Networks Inc. | 0.19% | 126,531 | $44.3M | Add +1.7% |
| ADP Automatic Data Processing | 0.19% | 183,976 | $43.9M | Reduce -3.2% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 1,055,818 | $43.8M | Reduce -1.5% |
| GILD Gilead Sciences Inc. | 0.18% | 626,039 | $43.0M | Reduce -7.6% |
| DE Deere & Co. | 0.18% | 114,043 | $42.6M | Reduce -3.7% |
| SNPS Synopsys Inc. | 0.17% | 69,018 | $41.1M | Reduce -2.1% |
Portfolio Sells Q1 2024 → Q2 2024
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.12 |
| HD Home Depot Inc. | Reduce -3.0% | 0.64% | −0.12 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -0.7% | 1.44% | −0.11 |
| DIS The Walt Disney Co. | Reduce -1.0% | 0.35% | −0.10 |
| V Visa Inc. Class A | Reduce -2.3% | 0.79% | −0.10 |
| AMD Advanced Micro Devices | Reduce -0.4% | 0.50% | −0.08 |
| BMY Bristol-Myers Squibb Co. | Reduce -1.5% | 0.19% | −0.07 |
| MCD McDonald's Corp. | Reduce -3.7% | 0.35% | −0.07 |
| CVS CVS Health Corp. | Reduce -1.5% | 0.15% | −0.06 |
| ABT Abbott Laboratories | Reduce -3.4% | 0.35% | −0.06 |
| CAT Caterpillar Inc. | Reduce -3.8% | 0.32% | −0.06 |
| PEP Pepsico Inc. | Reduce -2.8% | 0.43% | −0.06 |
| LOW Lowe's Cos Inc. | Reduce -3.4% | 0.23% | −0.06 |
| GE General Electric | Reduce -2.2% | 0.32% | −0.05 |
| JPM JPMorgan Chase & Co. | Reduce -2.4% | 1.08% | −0.05 |
| LIN Linde PLC | Reduce -3.5% | 0.39% | −0.05 |
| UNH Unitedhealth Group Inc. | Reduce -4.9% | 0.91% | −0.05 |
| NKE Nike Inc. Class B | Reduce -0.3% | 0.17% | −0.05 |
| ICLR Icon PLC | Reduce -79.6% | 0.01% | −0.05 |
| PLD Prologis Inc. | Reduce -2.5% | 0.20% | −0.04 |
| COP Conocophillips | Reduce -1.2% | 0.26% | −0.04 |
| DHI D.R. Horton Inc. | Reduce -21.9% | 0.08% | −0.04 |
| MPC Marathon Petroleum Corp. | Reduce -11.7% | 0.11% | −0.04 |
| UNP Union Pacific Corp. | Reduce -2.5% | 0.25% | −0.04 |
| SBUX Starbucks Corp. | Reduce -0.7% | 0.16% | −0.04 |
| GILD Gilead Sciences Inc. | Reduce -7.6% | 0.18% | −0.04 |
| SHW The Sherwin-Williams Co. | Reduce -5.4% | 0.13% | −0.04 |
| CVX Chevron Corp. | Reduce -2.5% | 0.50% | −0.03 |
| DE Deere & Co. | Reduce -3.7% | 0.18% | −0.03 |
| DLTR Dollar Tree Inc. | Reduce -22.2% | 0.05% | −0.03 |
| ITW Illinois Tool Works | Reduce -5.6% | 0.13% | −0.03 |
| PSX Phillips 66 | Reduce -6.2% | 0.11% | −0.03 |
| GL Globe Life Inc. | Reduce -53.3% | 0.01% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -4.7% | 0.12% | −0.03 |
| SLB SLB Ltd. | Reduce -2.3% | 0.12% | −0.03 |
| RTX RTX Corp. | Reduce -9.9% | 0.25% | −0.03 |
| TRV The Travelers Cos Inc. | Reduce -11.5% | 0.09% | −0.03 |
| UBER Uber Technologies Inc. | Reduce -0.6% | 0.28% | −0.03 |
| FISV Fiserv Inc. | Reduce -5.2% | 0.16% | −0.03 |
| UPS United Parcel Service Class B | Reduce -1.9% | 0.19% | −0.03 |
| CB Chubb Ltd. | Reduce -7.1% | 0.20% | −0.03 |
| ANSS Ansys Inc. | Reduce -25.7% | 0.05% | −0.03 |
| USB US Bancorp | Reduce -5.1% | 0.11% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -4.0% | 0.17% | −0.03 |
| XYZ Block Inc. | Reduce -1.9% | 0.07% | −0.03 |
| CME Cme Group Inc. | Reduce -3.1% | 0.15% | −0.03 |
| NSC Norfolk Southern Corp. | Reduce -3.1% | 0.09% | −0.02 |
| TAP Molson Coors Beverage Co. Class B | Reduce -40.0% | 0.02% | −0.02 |
| SNOW Snowflake Inc. | Reduce -4.5% | 0.08% | −0.02 |
| SWAV Shockwave Medical Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| AVGO Broadcom Inc. | Add +7.4% | 1.47% | +0.30 |
| AMZN Amazon.com Inc. | Add +2.6% | 3.48% | +0.21 |
| LLY Eli Lilly & Co. | Add +0.5% | 1.55% | +0.18 |
| CRH CRH PLC | New | 0.10% | +0.10 |
| TSLA Tesla Inc. | Add +0.0% | 1.06% | +0.09 |
| WMT Walmart Inc. | Add +5.6% | 0.60% | +0.08 |
| QCOM Qualcomm Inc. | Add +3.6% | 0.47% | +0.07 |
| DELL Dell Technologies -C | Add +1239.4% | 0.07% | +0.07 |
| ORCL Oracle Corp. | Add +6.4% | 0.50% | +0.07 |
| SMCI Super Micro Computer Inc. | Add +217.7% | 0.10% | +0.06 |
| AMAT Applied Materials Inc. | Add +4.2% | 0.42% | +0.06 |
| TXN Texas Instruments Inc. | Add +4.9% | 0.39% | +0.05 |
| PANW Palo Alto Networks Inc. | Add +8.0% | 0.23% | +0.05 |
| KLAC KLA Corp. | Add +6.0% | 0.25% | +0.04 |
| ADI Analog Devices Inc. | Add +7.5% | 0.26% | +0.04 |
| XOM Exxon Mobil Corp. | Add +9.3% | 0.95% | +0.04 |
| MSTR Strategy Inc. | Add +3589.5% | 0.04% | +0.04 |
| ADBE Adobe Inc. | Add +1.1% | 0.51% | +0.04 |
| EVRG Evergy Inc. | Add +126.4% | 0.06% | +0.03 |
| RSG Republic Services Inc. | Add +33.3% | 0.14% | +0.03 |
| LRCX Lam Research Corp. | Add +5.9% | 0.30% | +0.03 |
| ANET Arista Networks Inc. | Add +1.7% | 0.19% | +0.03 |
| CVNA Carvana Co. | New | 0.03% | +0.03 |
| AMP Ameriprise Financial Inc. | Add +33.2% | 0.12% | +0.02 |
| WM Waste Management Inc. | Add +17.2% | 0.20% | +0.02 |
| VRTX Vertex Pharmaceuticals Inc. | Add +0.9% | 0.26% | +0.02 |
| INGR Ingredion Inc. | Add +134.4% | 0.04% | +0.02 |
| GD General Dynamics Corp. | Add +14.8% | 0.17% | +0.02 |
| ACGL Arch Capital Group Ltd. | Add +15.8% | 0.12% | +0.02 |
| REGN Regeneron Pharmaceuticals | Add +2.7% | 0.26% | +0.02 |
| ELF Elf Beauty Inc. | Add +1841.0% | 0.02% | +0.02 |
| ONTO Onto Innovation Inc. | New | 0.02% | +0.02 |
| SSNC Ss&c Technologies Holdings | Add +78.7% | 0.05% | +0.02 |
| FIX Comfort Systems USA Inc. | New | 0.02% | +0.02 |
| APH Amphenol Corp. Class A | Add +1.5% | 0.15% | +0.02 |
| CHRD Chord Energy Corp. | New | 0.02% | +0.02 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +28.1% | 0.08% | +0.02 |
| CACI Caci International Inc. Class A | Add +95.2% | 0.04% | +0.02 |
| PR Permian Resources Corp. Class A | New | 0.02% | +0.02 |
| BAC Bank of America Corp. | Add +1.9% | 0.56% | +0.02 |
| NOW ServiceNow Inc. | Add +6.0% | 0.32% | +0.02 |
| LNWO Light & Wonder Inc. | New | 0.02% | +0.02 |
| NTAP Netapp Inc. | Add +16.4% | 0.06% | +0.02 |
| WFRD Weatherford International PL | New | 0.02% | +0.02 |
| INTU Intuit Inc. | Add +6.8% | 0.39% | +0.02 |
| UTHR United Therapeutics Corp. | Add +9.1% | 0.05% | +0.02 |
| RGA Reinsurance Group of America | Add +35.1% | 0.06% | +0.02 |
| APG Api Group Corp. | New | 0.02% | +0.02 |
| APP AppLovin Corp. Class A | Add +30.9% | 0.04% | +0.02 |
| NNN NNN REIT Inc. | Add +98.5% | 0.03% | +0.02 |
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 |