Filed: 5/13/2025ACC: 0001587973-25-000002
📋 What this filing means
STATE OF TENNESSEE, DEPARTMENT OF TREASURY filed this quarterly 13F‑HR report disclosing 1719 equity positions with a total reported market value of $26.07B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
1719
Positions
$26.07B
Total AUM (reported)
298.61M
Total Shares
Allocation by class
COMMON STOCK$19.52B74.9%
EXCHANGE TRADED PRODUCT$5.44B20.9%
REAL ESTATE INV TRST$981.20M3.8%
DEPOSITORY RECEIPTS$117.97M0.5%
LMTD PARTNRSHIP UNTS$8.62M0.0%
Portfolio Concentration
Top 3$3.13B12.0%
4–10$3.96B15.2%
11–25$3.72B14.3%
Rest$15.26B58.6%
Top 3 weight
12.0%
Top 10 weight
27.2%
Voting Authority Distribution
Total shares with voting rights: 298.61M
Sole
Full voting authority
298.61M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole1719
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings1719
Rows:
APPLE INC COM
SOLEShares5.31M
TypeSH
Market value$1.18B
4.53%
Sole
5.31M
Shared
0.00
None
0.00
MICROSOFT CORP COM
SOLEShares2.64M
TypeSH
Market value$991.30M
3.80%
Sole
2.64M
Shared
0.00
None
0.00
NVIDIA CORPORATION COM
SOLEShares8.80M
TypeSH
Market value$953.91M
3.66%
Sole
8.80M
Shared
0.00
None
0.00
ISHARES TR MSCI INDIA ETF
SOLEShares15.63M
TypeSH
Market value$804.60M
3.09%
Sole
15.63M
Shared
0.00
None
0.00
ISHARES INC MSCI TAIWAN ETF
SOLEShares15.98M
TypeSH
Market value$758.78M
2.91%
Sole
15.98M
Shared
0.00
None
0.00
AMAZON COM INC COM
SOLEShares3.32M
TypeSH
Market value$631.20M
2.42%
Sole
3.32M
Shared
0.00
None
0.00
META PLATFORMS INC CL A
SOLEShares796.58K
TypeSH
Market value$459.12M
1.76%
Sole
796.58K
Shared
0.00
None
0.00
VANGUARD INDEX FDS TOTAL STK MKT
SOLEShares1.66M
TypeSH
Market value$456.62M
1.75%
Sole
1.66M
Shared
0.00
None
0.00
ISHARES TR MBS ETF
SOLEShares4.78M
TypeSH
Market value$448.31M
1.72%
Sole
4.78M
Shared
0.00
None
0.00
ISHARES INC MSCI STH KOR ETF
SOLEShares7.42M
TypeSH
Market value$401.19M
1.54%
Sole
7.42M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL CL B NEW
SOLEShares637.22K
TypeSH
Market value$339.37M
1.30%
Sole
637.22K
Shared
0.00
None
0.00
ALPHABET INC CAP STK CL A
SOLEShares2.06M
TypeSH
Market value$317.95M
1.22%
Sole
2.06M
Shared
0.00
None
0.00
BROADCOM INC COM
SOLEShares1.72M
TypeSH
Market value$287.69M
1.10%
Sole
1.72M
Shared
0.00
None
0.00
ALPHABET INC CAP STK CL C
SOLEShares1.73M
TypeSH
Market value$270.91M
1.04%
Sole
1.73M
Shared
0.00
None
0.00
SSGA ACTIVE ETF TR BLACKSTONE SENR
SOLEShares6.57M
TypeSH
Market value$270.20M
1.04%
Sole
6.57M
Shared
0.00
None
0.00
TESLA INC COM
SOLEShares1.01M
TypeSH
Market value$262.58M
1.01%
Sole
1.01M
Shared
0.00
None
0.00
JPMORGAN CHASE & CO COM
SOLEShares1M
TypeSH
Market value$245.79M
0.94%
Sole
1M
Shared
0.00
None
0.00
ISHARES TR IBOXX HI YD ETF
SOLEShares3.01M
TypeSH
Market value$237.84M
0.91%
Sole
3.01M
Shared
0.00
None
0.00
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT
SOLEShares4.67M
TypeSH
Market value$237.57M
0.91%
Sole
4.67M
Shared
0.00
None
0.00
ELI LILLY & CO COM
SOLEShares274.39K
TypeSH
Market value$226.62M
0.87%
Sole
274.39K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS INT-TERM CORP
SOLEShares2.59M
TypeSH
Market value$211.46M
0.81%
Sole
2.59M
Shared
0.00
None
0.00
VISA INC COM CL A
SOLEShares589.96K
TypeSH
Market value$206.76M
0.79%
Sole
589.96K
Shared
0.00
None
0.00
VANGUARD SCOTTSDALE FDS LG-TERM COR BD
SOLEShares2.72M
TypeSH
Market value$206.52M
0.79%
Sole
2.72M
Shared
0.00
None
0.00
ISHARES TR 20 YR TR BD ETF
SOLEShares2.22M
TypeSH
Market value$201.96M
0.77%
Sole
2.22M
Shared
0.00
None
0.00
EXXON MOBIL CORP COM
SOLEShares1.64M
TypeSH
Market value$195.26M
0.75%
Sole
1.64M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
APPLE INC COMSOLE | COMMON STOCK | 5.31M | SH | $1.18B 4.53% | 5.31M | 0.00 | 0.00 |
MICROSOFT CORP COMSOLE | COMMON STOCK | 2.64M | SH | $991.30M 3.80% | 2.64M | 0.00 | 0.00 |
NVIDIA CORPORATION COMSOLE | COMMON STOCK | 8.80M | SH | $953.91M 3.66% | 8.80M | 0.00 | 0.00 |
ISHARES TR MSCI INDIA ETFSOLE | EXCHANGE TRADED PRODUCT | 15.63M | SH | $804.60M 3.09% | 15.63M | 0.00 | 0.00 |
ISHARES INC MSCI TAIWAN ETFSOLE | EXCHANGE TRADED PRODUCT | 15.98M | SH | $758.78M 2.91% | 15.98M | 0.00 | 0.00 |
AMAZON COM INC COMSOLE | COMMON STOCK | 3.32M | SH | $631.20M 2.42% | 3.32M | 0.00 | 0.00 |
META PLATFORMS INC CL ASOLE | COMMON STOCK | 796.58K | SH | $459.12M 1.76% | 796.58K | 0.00 | 0.00 |
VANGUARD INDEX FDS TOTAL STK MKTSOLE | EXCHANGE TRADED PRODUCT | 1.66M | SH | $456.62M 1.75% | 1.66M | 0.00 | 0.00 |
ISHARES TR MBS ETFSOLE | EXCHANGE TRADED PRODUCT | 4.78M | SH | $448.31M 1.72% | 4.78M | 0.00 | 0.00 |
ISHARES INC MSCI STH KOR ETFSOLE | EXCHANGE TRADED PRODUCT | 7.42M | SH | $401.19M 1.54% | 7.42M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DEL CL B NEWSOLE | COMMON STOCK | 637.22K | SH | $339.37M 1.30% | 637.22K | 0.00 | 0.00 |
ALPHABET INC CAP STK CL ASOLE | COMMON STOCK | 2.06M | SH | $317.95M 1.22% | 2.06M | 0.00 | 0.00 |
BROADCOM INC COMSOLE | COMMON STOCK | 1.72M | SH | $287.69M 1.10% | 1.72M | 0.00 | 0.00 |
ALPHABET INC CAP STK CL CSOLE | COMMON STOCK | 1.73M | SH | $270.91M 1.04% | 1.73M | 0.00 | 0.00 |
SSGA ACTIVE ETF TR BLACKSTONE SENRSOLE | EXCHANGE TRADED PRODUCT | 6.57M | SH | $270.20M 1.04% | 6.57M | 0.00 | 0.00 |
TESLA INC COMSOLE | COMMON STOCK | 1.01M | SH | $262.58M 1.01% | 1.01M | 0.00 | 0.00 |
JPMORGAN CHASE & CO COMSOLE | COMMON STOCK | 1M | SH | $245.79M 0.94% | 1M | 0.00 | 0.00 |
ISHARES TR IBOXX HI YD ETFSOLE | EXCHANGE TRADED PRODUCT | 3.01M | SH | $237.84M 0.91% | 3.01M | 0.00 | 0.00 |
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKTSOLE | EXCHANGE TRADED PRODUCT | 4.67M | SH | $237.57M 0.91% | 4.67M | 0.00 | 0.00 |
ELI LILLY & CO COMSOLE | COMMON STOCK | 274.39K | SH | $226.62M 0.87% | 274.39K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDS INT-TERM CORPSOLE | EXCHANGE TRADED PRODUCT | 2.59M | SH | $211.46M 0.81% | 2.59M | 0.00 | 0.00 |
VISA INC COM CL ASOLE | COMMON STOCK | 589.96K | SH | $206.76M 0.79% | 589.96K | 0.00 | 0.00 |
VANGUARD SCOTTSDALE FDS LG-TERM COR BDSOLE | EXCHANGE TRADED PRODUCT | 2.72M | SH | $206.52M 0.79% | 2.72M | 0.00 | 0.00 |
ISHARES TR 20 YR TR BD ETFSOLE | EXCHANGE TRADED PRODUCT | 2.22M | SH | $201.96M 0.77% | 2.22M | 0.00 | 0.00 |
EXXON MOBIL CORP COMSOLE | COMMON STOCK | 1.64M | SH | $195.26M 0.75% | 1.64M | 0.00 | 0.00 |
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