13F holdings
South Dakota Investment Council portfolio
Managed by . 622 reported positions worth $5.2B as of 2026-03-31, filed with the SEC on 2026-05-18. Parsed from the filing itself, not a reseller.
$5.2B
Book value
622
Positions
38%
Top 10 weight
+28
New this quarter
-12
Exited
134 days
Age today
How old this actually is
Every position on this page is a snapshot of 2026-03-31. It was already 48 days old on 2026-05-18, the day it first became public. Today it is 134 days old.
That lag is the law, not a service level — Rule 13f-1 gives managers 45 days after quarter end to file, and no product can shorten it. A fund can have sold every share below before you read this sentence. Treat it as a record of what happened, never as a position you can follow.
What changed
Positions opened and closed
Against its 2025-12-31 filing. This is the part worth reading — the holdings table below is mostly years old.
New positions (28)
| Ticker | Issuer | Value | Shares | % of book |
|---|---|---|---|---|
| SM | SM ENERGY COMPANY | $3.4M | 109,758 | 0.07% |
| HTO | H2O AMERICA | $2.0M | 33,900 | 0.04% |
| FN | FABRINET | $1.9M | 3,570 | 0.04% |
| PINS | PINTEREST INC | $1.6M | 84,600 | 0.03% |
| VSNT | VERSANT MEDIA GROUP INC | $1.4M | 37,335 | 0.03% |
| ROP | ROPER TECHNOLOGIES INC | $1.3M | 3,580 | 0.02% |
| IRDM | IRIDIUM COMMUNICATIONS INC | $1.2M | 41,500 | 0.02% |
| DDOG | DATADOG INC | $1.1M | 9,500 | 0.02% |
| HL | HECLA MINING COMPANY | $1.1M | 59,985 | 0.02% |
| PRIM | PRIMORIS SVCS CORP | $1.1M | 7,800 | 0.02% |
| GXO | GXO LOGISTICS INCORPORATED | $1.0M | 19,800 | 0.02% |
| APP | APPLOVIN CORP | $1.0M | 2,520 | 0.02% |
| WDAY | WORKDAY INC | $948,000 | 7,300 | 0.02% |
| PFS | PROVIDENT FINL SVCS INC | $825,000 | 39,000 | 0.02% |
| AMCR | AMCOR PLC | $824,000 | 20,739 | 0.02% |
| ATI | ATI INC | $771,000 | 5,300 | 0.01% |
| BR | BROADRIDGE FINL SOLUTIONS IN | $764,000 | 4,700 | 0.01% |
| WWD | WOODWARD INC | $739,000 | 2,066 | 0.01% |
| SPGI | S&P GLOBAL INC | $561,000 | 1,320 | 0.01% |
| MKC | MCCORMICK & CO INC | $494,000 | 9,800 | 0.01% |
| TDG | TRANSDIGM GROUP INC | $417,000 | 360 | 0.01% |
| URBN | URBAN OUTFITTERS INC | $298,000 | 4,700 | 0.01% |
| AAL | AMERICAN AIRLINES GROUP INC | $243,000 | 22,600 | 0.00% |
| HOOD | ROBINHOOD MARKETS INC | $201,000 | 2,900 | 0.00% |
| PNFP | PINNACLE FINL PARTNERS INC | $172,000 | 2,000 | 0.00% |
Closed out (12)
| Ticker | Issuer | Was worth | Shares | % of book |
|---|---|---|---|---|
| WBD | WARNER BROS DISCOVERY INC | $3.7M | 129,548 | 0.00% |
| CIVI | CIVITAS RESOURCES INC | $2.1M | 75,697 | 0.00% |
| CMA | COMERICA INC | $1.9M | 22,274 | 0.00% |
| FYBR | FRONTIER COMMUNICATIONS PARE | $1.3M | 34,752 | 0.00% |
| AMCR | AMCOR PLC | $865,000 | 103,702 | 0.00% |
| AMR | ALPHA METALLURGICAL RESOUR I | $651,000 | 3,258 | 0.00% |
| 9HI | HILLENBRAND INC | $379,000 | 11,949 | 0.00% |
| TGNA | TEGNA INC | $315,000 | 16,203 | 0.00% |
| ROK | ROCKWELL AUTOMATION INC | $195,000 | 500 | 0.00% |
| CNQ | CANADIAN NAT RES LTD | $179,000 | 5,300 | 0.00% |
| TPR | TAPESTRY INC | $72,000 | 567 | 0.00% |
| AMN | AMN HEALTHCARE SVCS INC | $65,000 | 4,125 | 0.00% |
Added to (119)
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| AGG | ISHARES TR | $324.8M | 3,272,335 | 6.19% | +16% |
| NVDA | NVIDIA CORPORATION | $215.1M | 1,233,387 | 4.10% | +10% |
| MSFT | MICROSOFT CORP | $170.7M | 461,233 | 3.26% | +2% |
| VCSH | VANGUARD SHORT-TERM CORPORAT | $141.5M | 1,785,348 | 2.70% | +9% |
| AMZN | AMAZON COM INC | $120.6M | 579,068 | 2.30% | +5% |
| USHY | ISHARES TR | $72.3M | 1,963,000 | 1.38% | +2% |
| UNH | UNITEDHEALTH GROUP INC | $46.9M | 173,485 | 0.90% | +6% |
| AVGO | BROADCOM INC | $40.9M | 132,026 | 0.78% | +24% |
| HUM | HUMANA INC | $39.7M | 229,090 | 0.76% | +42% |
| ELV | ELEVANCE HEALTH INC FORMERLY | $35.5M | 121,181 | 0.68% | +8% |
| EG | EVEREST GROUP LTD | $33.3M | 101,931 | 0.64% | +9% |
| BBWI | BATH & BODY WORKS INC | $32.8M | 1,756,048 | 0.63% | +4% |
| CMCSA | COMCAST CORP NEW | $27.8M | 969,717 | 0.53% | +4% |
| ZTS | ZOETIS INC | $26.1M | 220,819 | 0.50% | +77% |
| MA | MASTERCARD INCORPORATED | $25.2M | 50,524 | 0.48% | +7% |
Trimmed (148)
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| CLF | CLEVELAND-CLIFFS INC NEW | $206,000 | 24,321 | 0.00% | -96% |
| CME | CME GROUP INC | $27,000 | 90 | 0.00% | -96% |
| TJX | TJX COS INC NEW | $48,000 | 300 | 0.00% | -95% |
| WBS | WEBSTER FINL CORP | $10,000 | 149 | 0.00% | -94% |
| HAS | HASBRO INC | $8,000 | 90 | 0.00% | -93% |
| HCC | WARRIOR MET COAL INC | $109,000 | 1,172 | 0.00% | -93% |
| CENX | CENTURY ALUM CO | $1.8M | 30,487 | 0.03% | -90% |
| T86 | TRI POINTE HOMES INC | $93,000 | 1,984 | 0.00% | -86% |
| STLD | STEEL DYNAMICS INC | $1.7M | 9,632 | 0.03% | -80% |
| AA | ALCOA CORP | $882,000 | 13,304 | 0.02% | -79% |
| NUE | NUCOR CORP | $2.1M | 12,353 | 0.04% | -78% |
| VAL | VALARIS LTD | $1.1M | 11,719 | 0.02% | -75% |
| FOXA | FOX CORP | $944,000 | 16,163 | 0.02% | -75% |
| MO | ALTRIA GROUP INC | $1.2M | 18,917 | 0.02% | -74% |
| CX | CEMEX SA EURO MTN BE 144A | $65,000 | 5,678 | 0.00% | -74% |
The book
Largest 150 of 622 holdings
| Ticker | Issuer | Value | Shares | % of book | Shares Δ |
|---|---|---|---|---|---|
| VWO | VANGUARD INTL EQUITY INDEX F | $575.2M | 10,642,001 | 10.97% | — |
| AGG | ISHARES TR | $324.8M | 3,272,335 | 6.19% | — |
| NVDA | NVIDIA CORPORATION | $215.1M | 1,233,387 | 4.10% | — |
| AAPL | APPLE INC | $190.3M | 749,700 | 3.63% | — |
| MSFT | MICROSOFT CORP | $170.7M | 461,233 | 3.26% | — |
| VCSH | VANGUARD SHORT-TERM CORPORAT | $141.5M | 1,785,348 | 2.70% | — |
| AMZN | AMAZON COM INC | $120.6M | 579,068 | 2.30% | — |
| GOOGL | ALPHABET INC | $93.3M | 324,336 | 1.78% | — |
| VTOL | BRISTOW GROUP INC | $92.2M | 1,965,845 | 1.76% | — |
| GOOG | ALPHABET INC | $77.1M | 268,801 | 1.47% | — |
| USHY | ISHARES TR | $72.3M | 1,963,000 | 1.38% | — |
| META | META PLATFORMS INC | $66.7M | 116,583 | 1.27% | — |
| BRK/B | BERKSHIRE HATHAWAY INC DEL | $52.9M | 110,356 | 1.01% | — |
| UNH | UNITEDHEALTH GROUP INC | $46.9M | 173,485 | 0.90% | — |
| LLY | ELI LILLY & CO | $41.6M | 45,200 | 0.79% | — |
| AVGO | BROADCOM INC | $40.9M | 132,026 | 0.78% | — |
| COP | CONOCOPHILLIPS | $40.1M | 303,803 | 0.76% | — |
| HUM | HUMANA INC | $39.7M | 229,090 | 0.76% | — |
| USB | US BANCORP | $37.7M | 724,399 | 0.72% | — |
| ELV | ELEVANCE HEALTH INC FORMERLY | $35.5M | 121,181 | 0.68% | — |
| PFE | PFIZER INC | $33.8M | 1,202,854 | 0.64% | — |
| EG | EVEREST GROUP LTD | $33.3M | 101,931 | 0.64% | — |
| BBWI | BATH & BODY WORKS INC | $32.8M | 1,756,048 | 0.63% | — |
| V | VISA INC | $29.4M | 97,357 | 0.56% | — |
| EOG | EOG RES INC | $28.1M | 194,644 | 0.54% | — |
| CMCSA | COMCAST CORP NEW | $27.8M | 969,717 | 0.53% | — |
| AMAT | APPLIED MATLS INC | $27.7M | 81,033 | 0.53% | — |
| TGT | TARGET CORP | $26.8M | 220,924 | 0.51% | — |
| UPS | UNITED PARCEL SVCS INC | $26.7M | 271,221 | 0.51% | — |
| ZTS | ZOETIS INC | $26.1M | 220,819 | 0.50% | — |
| TXN | TEXAS INSTRS INC | $26.0M | 134,132 | 0.50% | — |
| EXMOC | EXXON MOBIL CORP | $25.9M | 152,510 | 0.49% | — |
| OXY | OCCIDENTAL PETE CORP | $25.5M | 393,064 | 0.49% | — |
| SLB | SLB LIMITED | $25.5M | 495,917 | 0.49% | — |
| APA | APA CORPORATION | $25.3M | 597,035 | 0.48% | — |
| MA | MASTERCARD INCORPORATED | $25.2M | 50,524 | 0.48% | — |
| RGA | REINSURANCE GROUP AMER INC | $24.2M | 118,430 | 0.46% | — |
| LYB | LYONDELLBASELL INDUSTRIES NV | $23.6M | 293,471 | 0.45% | — |
| MOH | MOLINA HEALTHCARE INC | $22.4M | 168,307 | 0.43% | — |
| STZ | CONSTELLATION BRANDS INC | $22.1M | 147,538 | 0.42% | — |
| ACGL | ARCH CAP GROUP LTD | $21.8M | 226,826 | 0.42% | — |
| MRK | MERCK & CO INC | $21.6M | 179,966 | 0.41% | — |
| LBRT | LIBERTY ENERGY INC | $21.5M | 747,194 | 0.41% | — |
| HAL | HALLIBURTON CO | $21.4M | 548,909 | 0.41% | — |
| IQV | IQVIA HLDGS INC | $20.8M | 122,152 | 0.40% | — |
| WFC | WELLS FARGO & CO | $20.4M | 255,991 | 0.39% | — |
| AMD | ADVANCED MICRO DEVICES INC | $20.2M | 99,534 | 0.39% | — |
| FANG | DIAMONDBACK ENERGY INC | $20.2M | 102,127 | 0.39% | — |
| CHRD | CHORD ENERGY CORPORATION | $18.9M | 132,890 | 0.36% | — |
| TMO | THERMO FISHER SCIENTIFIC INC | $18.6M | 37,908 | 0.36% | — |
| MTDR | MATADOR RES CO | $18.6M | 294,267 | 0.35% | — |
| JNJ | JOHNSON & JOHNSON | $18.5M | 75,642 | 0.35% | — |
| CNC | CENTENE CORP DEL | $18.5M | 564,618 | 0.35% | — |
| PVH | PVH CORPORATION | $18.0M | 258,558 | 0.34% | — |
| C | CITIGROUP INC | $17.4M | 153,245 | 0.33% | — |
| LKQ | LKQ CORP | $17.2M | 584,057 | 0.33% | — |
| CHTR | CHARTER COMMUNICATIONS INC | $17.1M | 79,428 | 0.33% | — |
| TSLA | TESLA INC | $17.1M | 46,033 | 0.33% | — |
| ZBH | ZIMMER BIOMET HOLDINGS INC | $17.0M | 187,504 | 0.32% | — |
| ALK | ALASKA AIR GROUP INC | $16.5M | 448,271 | 0.31% | — |
| CVX | CHEVRON CORPORATION | $16.4M | 79,126 | 0.31% | — |
| JPM | JPMORGAN CHASE & CO | $16.3M | 55,368 | 0.31% | — |
| DUK | DUKE ENERGY CORP NEW | $16.3M | 124,207 | 0.31% | — |
| DIS | DISNEY WALT CO | $16.2M | 168,424 | 0.31% | — |
| DHR | DANAHER CORP DEL | $16.2M | 85,466 | 0.31% | — |
| LRCX | LAM RESEARCH CORP | $16.0M | 74,985 | 0.31% | — |
| VSAT | VIASAT INC | $15.4M | 336,056 | 0.29% | — |
| VZ | VERIZON COMMUNICATIONS INC | $15.3M | 305,172 | 0.29% | — |
| CSX | CSX CORP | $15.0M | 366,377 | 0.29% | — |
| PYPL | PAYPAL HLDGS INC | $14.8M | 326,549 | 0.28% | — |
| DE | DEERE & CO | $14.7M | 26,101 | 0.28% | — |
| HONGBP | HONEYWELL INTL INC | $14.3M | 63,142 | 0.27% | — |
| EQH | EQUITABLE HLDGS INC | $14.0M | 377,662 | 0.27% | — |
| ACN | ACCENTURE PLC IRELAND | $14.0M | 70,450 | 0.27% | — |
| RNR | RENAISSANCERE HLDGS LTD | $13.9M | 46,852 | 0.27% | — |
| LMT | LOCKHEED MARTIN CORP | $13.8M | 22,829 | 0.26% | — |
| HPQ | HP INC | $13.7M | 715,294 | 0.26% | — |
| CVS | CVS HEALTH CORP | $13.6M | 188,951 | 0.26% | — |
| PG | PROCTER & GAMBLE CO | $13.5M | 93,589 | 0.26% | — |
| RTX | RTX CORPORATION | $13.5M | 70,068 | 0.26% | — |
| GNRC | GENERAC HLDGS INC | $13.5M | 69,139 | 0.26% | — |
| SOLV | SOLVENTUM CORP | $13.3M | 203,610 | 0.25% | — |
| LOW | LOWES COS INC | $13.3M | 56,206 | 0.25% | — |
| ARW | ARROW ELECTRS INC | $13.1M | 91,245 | 0.25% | — |
| TFC | TRUIST FINL CORP | $12.9M | 280,082 | 0.25% | — |
| MU | MICRON TECHNOLOGY INC | $12.8M | 37,998 | 0.24% | — |
| SW | SMURFIT WESTROCK PLC | $12.8M | 321,477 | 0.24% | — |
| EMN | EASTMAN CHEM CO | $12.8M | 167,710 | 0.24% | — |
| UNM | UNUM GROUP | $12.4M | 169,405 | 0.24% | — |
| ADBE | ADOBE INC | $12.1M | 49,927 | 0.23% | — |
| NEE | NEXTERA ENERGY INC | $12.1M | 130,003 | 0.23% | — |
| FISV | FISERV INC | $12.0M | 214,578 | 0.23% | — |
| GPN | GLOBAL PMTS INC | $11.9M | 177,169 | 0.23% | — |
| WCC | WESCO INTL INC | $11.7M | 42,803 | 0.22% | — |
| UNP | UNION PAC CORP | $11.6M | 47,859 | 0.22% | — |
| PEP | PEPSICO INC | $11.5M | 73,881 | 0.22% | — |
| INTC | INTEL CORP | $11.4M | 259,167 | 0.22% | — |
| MCHP | MICROCHIP TECHNOLOGY INC. | $11.4M | 176,859 | 0.22% | — |
| MDLZ | MONDELEZ INTL INC | $11.4M | 196,927 | 0.22% | — |
| MDT | MEDTRONIC PLC | $11.3M | 130,679 | 0.22% | — |
| DVN | DEVON ENERGY CORP NEW | $11.2M | 222,603 | 0.21% | — |
| FDX | FEDEX CORP | $11.1M | 31,048 | 0.21% | — |
| NKE | NIKE INC | $11.0M | 208,477 | 0.21% | — |
| ORCL | ORACLE CORP | $10.9M | 73,869 | 0.21% | — |
| BMY | BRISTOL-MYERS SQUIBB CO | $10.7M | 176,867 | 0.20% | — |
| CW | CURTISS WRIGHT CORP | $10.7M | 15,738 | 0.20% | — |
| FIS | FIDELITY NATL INFORMATION SV | $10.7M | 228,021 | 0.20% | — |
| GEHC | GE HEALTHCARE TECHNOLOGIES I | $10.3M | 144,232 | 0.20% | — |
| GD | GENERAL DYNAMICS CORP | $10.2M | 29,682 | 0.19% | — |
| CDW | CDW CORP | $10.0M | 82,833 | 0.19% | — |
| T | AT&T INC | $9.7M | 333,613 | 0.18% | — |
| FIX | COMFORT SYS USA INC | $9.6M | 6,930 | 0.18% | — |
| REGN | REGENERON PHARMACEUTICALS | $9.4M | 12,162 | 0.18% | — |
| SNX | TD SYNNEX CORPORATION | $9.4M | 55,602 | 0.18% | — |
| CLX | CLOROX CO DEL | $9.4M | 90,333 | 0.18% | — |
| RS | RELIANCE INC | $9.3M | 30,535 | 0.18% | — |
| GNTX | GENTEX CORP | $9.2M | 421,137 | 0.18% | — |
| BKNG | BOOKING HOLDINGS INC | $9.2M | 2,183 | 0.18% | — |
| NMIH | NMI HLDGS INC | $9.1M | 243,319 | 0.17% | — |
| QCOM | QUALCOMM INC | $9.1M | 70,490 | 0.17% | — |
| EWBC | EAST WEST BANCORP INC | $9.0M | 84,565 | 0.17% | — |
| MTN | VAIL RESORTS INC | $8.9M | 69,433 | 0.17% | — |
| MTG | MGIC INVT CORP WIS | $8.8M | 335,644 | 0.17% | — |
| CACI | CACI INTL INC | $8.7M | 15,972 | 0.17% | — |
| AIG | AMERICAN INTL GROUP INC | $8.5M | 113,489 | 0.16% | — |
| THC | TENET HEALTHCARE CORP | $8.5M | 45,114 | 0.16% | — |
| EME | EMCOR GROUP INC | $8.5M | 11,527 | 0.16% | — |
| GPI | GROUP 1 AUTOMOTIVE INC | $8.4M | 25,294 | 0.16% | — |
| TDW | TIDEWATER INC NEW | $8.2M | 98,242 | 0.16% | — |
| CZR | CAESARS ENTERTAINMENT INC NE | $8.2M | 310,008 | 0.16% | — |
| NFLX | NETFLIX INC. | $8.2M | 85,022 | 0.16% | — |
| SWK | STANLEY BLACK & DECKER INC | $8.0M | 113,214 | 0.15% | — |
| PRU | PRUDENTIAL FINL INC | $8.0M | 82,325 | 0.15% | — |
| PPG | PPG INDS INC | $8.0M | 75,018 | 0.15% | — |
| AN | AUTONATION INC | $8.0M | 40,878 | 0.15% | — |
| NOW | SERVICENOW INC | $8.0M | 76,192 | 0.15% | — |
| DAL | DELTA AIR LINES INC | $8.0M | 119,700 | 0.15% | — |
| CSCO | CISCO SYS INC | $7.8M | 100,291 | 0.15% | — |
| INTU | INTUIT | $7.7M | 17,906 | 0.15% | — |
| EXC | EXELON CORP | $7.7M | 157,689 | 0.15% | — |
| DY | DYCOM INDS INC | $7.7M | 22,804 | 0.15% | — |
| KHC | KRAFT HEINZ CO | $7.7M | 341,790 | 0.15% | — |
| NLY | ANNALY CAPITAL MANAGEMENT IN | $7.5M | 356,984 | 0.14% | — |
| KVUE | KENVUE INC | $7.5M | 437,353 | 0.14% | — |
| RDN | RADIAN GROUP INC | $7.5M | 226,629 | 0.14% | — |
| CUBI | CUSTOMERS BANCORP INC | $7.5M | 107,604 | 0.14% | — |
| WAL | WESTERN ALLIANCE BANCORP | $7.3M | 103,516 | 0.14% | — |
| KO | COCA COLA CO | $7.3M | 95,894 | 0.14% | — |
| LPX | LOUISIANA PAC CORP | $7.1M | 97,832 | 0.14% | — |
| DG | DOLLAR GEN CORP | $7.1M | 59,855 | 0.14% | — |
This table is the 150 largest positions by value, out of 622 reported. The search box only searches what is on this page — a name absent from it may still be in the filing further down the book. The full info table is here.
Rows are aggregated by CUSIP — a manager files the same security multiple times when different internal desks hold it. Tickers link to our own backtest of that asset where we cover it.
Read the original
This page was built from one document: the 2026-03-31 Form 13F info table filed by South Dakota Investment Council (CIK 1538846, accession 0001538846-26-000003). Every other 13F site is reading the same file.
One quirk worth naming: this manager still reports position values in thousands, although Form 13F has required whole dollars since 2023. We detect that by comparing this filing’s implied price per share against what every other manager holding the same securities reported for them this quarter — and multiply by 1,000. Figures on this page are therefore 1,000x the numbers you will read in the document itself.
If anything here disagrees with it, the filing wins — and we would want to know. All 13F filings by this manager
What a 13F cannot show you
A 13F is a long-only equity snapshot, and the holes in it are structural. Anyone selling you this data as "what the smart money is doing" is selling you one leg of a position:
- No short positions. None, ever. A fund shown here as bullish may be net short the same name through a book you cannot see.
- No cash, bonds, FX, commodities or non-US listings. A macro fund's entire thesis can be invisible.
- No intra-quarter round trips. Bought and sold inside the same quarter means it never appears at all.
- Options are notional, not ownership. We keep puts and calls in a separate bucket rather than adding their notional into a fund's book size, which is how a $2B fund gets reported as a $20B one.
- Confidential treatment. Managers can ask the SEC to withhold a position while they build it. Those holdings are legally absent from the filing, so a "new" position may be months old.
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