STATE OF WISCONSIN INVESTMENT BOARD's Q4 2024 13F: 135 new positions, 158 exits
Form 13F-HR for the quarter ended Dec 31, 2024 · filed Feb 14, 2025 · 2258 reported positions · accession 0001062993-25-002462
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | ALPHABET INC (GOOGL) | 1.9% | 1.7% | −0.2 pts | −1.07M sh | −23% |
| Increased | ISHARES BITCOIN TRUST ETF (IBIT) | 0.3% | 0.8% | +0.6 pts | +3.17M sh | +110% |
| Reduced | MICROSOFT CORP (MSFT) | 4.7% | 4.4% | −0.3 pts | −272K sh | −6% |
| Reduced | NVIDIA CORPORATION (NVDA) | 4.6% | 4.9% | +0.3 pts | −845K sh | −6% |
| Exited | INVESCO EXCH TRADED FD TR II (BKLN) | 0.2% | — | −0.2 pts | −4.11M sh | −100% |
| Increased | BERKSHIRE HATHAWAY INC DEL (BRK-A) | 0.1% | 0.3% | +0.2 pts | +100 sh | +119% |
| Reduced | ISHARES TR (USHY) | 0.4% | 0.2% | −0.2 pts | −1.68M sh | −42% |
| Reduced | AMAZON COM INC (AMZN) | 2.7% | 3.0% | +0.4 pts | −275K sh | −5% |
| Increased | ARK ETF TR (ARKK) | 0.1% | 0.3% | +0.2 pts | +932K sh | +98% |
| Reduced | APPLE INC (AAPL) | 5.2% | 5.6% | +0.4 pts | −202K sh | −2% |
| Reduced | ISHARES INC (IEMG) | 0.2% | 0.1% | −0.1 pts | −951K sh | −64% |
| New | HARBOR ETF TRUST (EFFI) | — | 0.1% | +0.1 pts | +2.6M sh | new |
| Reduced | META PLATFORMS INC (META) | 1.9% | 1.9% | 0.0 pts | −82,095 sh | −6% |
| Reduced | TESLA INC (TSLA) | 1.1% | 1.7% | +0.6 pts | −96,380 sh | −6% |
| Reduced | CRANE COMPANY (CR) | 0.1% | 0.0% | −0.1 pts | −199K sh | −76% |
| Increased | NEWS CORP NEW (NWSA) | 0.3% | 0.4% | +0.1 pts | +1.09M sh | +25% |
| Reduced | FOX CORP (FOX) | 0.6% | 0.7% | +0.1 pts | −642K sh | −10% |
| Increased | ZILLOW GROUP INC (ZG) | 0.3% | 0.4% | +0.1 pts | +385K sh | +21% |
| Reduced | ALPHABET INC (GOOG) | 1.2% | 1.4% | +0.1 pts | −141K sh | −5% |
| Reduced | AMPHENOL CORP NEW (APH) | 0.2% | 0.1% | −0.1 pts | −385K sh | −32% |
| New | ISHARES TR (IVV) | — | 0.1% | +0.1 pts | +39,610 sh | new |
| Reduced | BROADCOM INC (AVGO) | 1.1% | 1.5% | +0.4 pts | −99,357 sh | −4% |
| Reduced | OTIS WORLDWIDE CORP (OTIS) | 0.1% | 0.1% | −0.1 pts | −246K sh | −49% |
| Reduced | BELLRING BRANDS INC (BRBR) | 0.1% | 0.0% | 0.0 pts | −300K sh | −76% |
| New | SPOTIFY TECHNOLOGY S A (SPOT) | — | 0.1% | +0.1 pts | +47,100 sh | new |
| Exited | STERICYCLE INC (SRCL) | 0.1% | — | −0.1 pts | −354K sh | −100% |
| Reduced | ELI LILLY & CO (LLY) | 1.1% | 0.9% | −0.2 pts | −27,028 sh | −6% |
| Reduced | SPDR SER TR (XBI) | 0.1% | 0.0% | −0.1 pts | −230K sh | −68% |
| Increased | LIBERTY BROADBAND CORP (LBRDA) | 0.1% | 0.1% | +0.1 pts | +277K sh | +99% |
| Reduced | MASTERCARD INCORPORATED (MA) | 0.6% | 0.6% | 0.0 pts | −38,857 sh | −8% |
| New | INVESCO EXCHANGE TRADED FD T (RSP) | — | 0.1% | +0.1 pts | +116K sh | new |
| Reduced | ECOLAB INC (ECL) | 0.2% | 0.1% | −0.1 pts | −84,984 sh | −34% |
| Reduced | JPMORGAN CHASE & CO. (JPM) | 0.9% | 1.0% | +0.1 pts | −82,102 sh | −5% |
| Reduced | UNITEDHEALTH GROUP INC (UNH) | 0.8% | 0.7% | −0.1 pts | −38,404 sh | −7% |
| Reduced | MOOG INC (MOG-A) | 0.1% | 0.0% | 0.0 pts | −93,215 sh | −60% |
| Reduced | EXXON MOBIL CORP (XOM) | 0.8% | 0.7% | −0.1 pts | −161K sh | −6% |
| Reduced | WALMART INC (WMT) | 0.5% | 0.6% | 0.0 pts | −191K sh | −7% |
| Reduced | DECKERS OUTDOOR CORP (DECK) | 0.1% | 0.1% | 0.0 pts | −84,084 sh | −44% |
| Reduced | TXNM ENERGY INC (PNM) | 0.0% | 0.0% | 0.0 pts | −340K sh | −85% |
| Reduced | BERKSHIRE HATHAWAY INC DEL (BRK-B) | 0.9% | 0.9% | 0.0 pts | −36,695 sh | −5% |
| Reduced | ELEVANCE HEALTH INC (ELV) | 0.2% | 0.1% | −0.1 pts | −40,383 sh | −23% |
| Exited | AXONICS INC (AXNX) | 0.0% | — | 0.0 pts | −213K sh | −100% |
| Reduced | AVERY DENNISON CORP (AVY) | 0.1% | 0.0% | 0.0 pts | −75,342 sh | −57% |
| Reduced | NETFLIX INC (NFLX) | 0.5% | 0.6% | +0.1 pts | −15,275 sh | −6% |
| Increased | LENNAR CORP (LEN) | 0.1% | 0.1% | 0.0 pts | +98,799 sh | +64% |
| Reduced | TEGNA INC (TGNA) | 0.0% | 0.0% | 0.0 pts | −733K sh | −77% |
| Reduced | SPDR SER TR (XRT) | 0.2% | 0.2% | 0.0 pts | −168K sh | −18% |
| Reduced | JOHNSON & JOHNSON (JNJ) | 0.6% | 0.5% | −0.1 pts | −90,224 sh | −6% |
| Reduced | PALANTIR TECHNOLOGIES INC (PLTR) | 0.1% | 0.2% | +0.1 pts | −172K sh | −13% |
| Reduced | SALESFORCE INC (CRM) | 0.4% | 0.5% | +0.1 pts | −38,421 sh | −7% |
The 50 largest of 2,360 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- PERIMETER SOLUTIONS INC (PRM): L7579L106 → 71385M107, 36,479 → 12,651 shares (share count changed with the identifier; not shown as a trade)
- TEEKAY CORPORATION LTD (TK): Y8564W103 → G8726T105, 258K → 163K shares (share count changed with the identifier; not shown as a trade)
- APTIV PLC (APTV): G6095L109 → G3265R107, 194K → 149K shares (share count changed with the identifier; not shown as a trade)
- SUPER MICRO COMPUTER INC (SMCI): 86800U104 → 86800U302, 44,078 → 292K shares (share count changed with the identifier; not shown as a trade)
- ARISTA NETWORKS INC (ANET): 040413106 → 040413205, 175K → 620K shares (share count changed with the identifier; not shown as a trade)
- LAM RESEARCH CORP (LRCX): 512807108 → 512807306, 82,473 → 822K shares (share count change consistent with a stock split)
- BLACKROCK INC (BLK): 09247X101 → 09290D101, 85,982 → 81,996 shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 27.2% of the equity book
Changes in the top 10 this quarter: JPM entered · LLY left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLE INC (AAPL) | 5.2% | 5.6% | |
| 2 | NVIDIA CORPORATION (NVDA) | 4.6% | 4.9% | |
| 3 | MICROSOFT CORP (MSFT) | 4.7% | 4.4% | |
| 4 | AMAZON COM INC (AMZN) | 2.7% | 3.0% | |
| 5 | META PLATFORMS INC (META) | 1.9% | 1.9% | |
| 6 | ALPHABET INC (GOOGL) | 1.9% | 1.7% | |
| 7 | TESLA INC (TSLA) | 1.1% | 1.7% | |
| 8 | BROADCOM INC (AVGO) | 1.1% | 1.5% | |
| 9 | ALPHABET INC (GOOG) | 1.2% | 1.4% | |
| 10 | JPMORGAN CHASE & CO. (JPM) | 0.9% | 1.0% | Entered the top 10 |
| — | ELI LILLY & CO (LLY) | 1.1% | 0.9% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| New | ISHARES TR (IWM) | Call | 0 | 1.5M | $331M |
| New | ISHARES TR (TLT) | Call | 0 | 1.5M | $131M |
| New | SPDR GOLD TR (GLD) | Put | 0 | 240K | $58.1M |
| Exited | INVESCO QQQ TR (QQQ) | Put | 100K | 0 | $0 |
| Exited | NVIDIA CORPORATION (NVDA) | Put | 200K | 0 | $0 |
| Exited | ISHARES TR (FXI) | Call | 360K | 0 | $0 |