State of Alaska, Department of Revenue

JUNEAU, AK · CIK 1370102 · 13F filing filed 2025-07-16

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityState of Alaska - Department of Revenue (US)

$9.3bn reported value +6.0% vs Q1 2025

1,583positions

27.8%in top 10

11 new 705 added 837 reduced 9 sold out vs Q1 2025

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	MICROSOFT CORP COM MSFT	MSFT	1,041,885	$518.2m5.54%	5.54%	Reduced -35.0k	-34,982 -3.2%
2	NVIDIA CORPORATION COM NVDA	NVDA	3,092,940	$488.7m5.23%	5.23%	Reduced -125.5k	-125,486 -3.9%
3	APPLE INC COM AAPL	AAPL	2,050,758	$420.8m4.50%	4.50%	Reduced -100.2k	-100,153 -4.7%
4	AMAZON COM INC COM AMZN	AMZN	1,251,628	$274.6m2.94%	2.94%	Reduced -44.9k	-44,850 -3.5%
5	META PLATFORMS INC CL A META	META	302,527	$223.3m2.39%	2.39%	Reduced -12.8k	-12,788 -4.1%
6	BROADCOM INC COM AVGO	AVGO	617,909	$170.3m1.82%	1.82%	Reduced -20.7k	-20,741 -3.2%
7	ALPHABET INC CAP STK CL A GOOGL	GOOGL	742,930	$130.9m1.40%	1.40%	Reduced -31.9k	-31,869 -4.1%
8	ALPHABET INC CAP STK CL C GOOG	GOOG	730,758	$129.6m1.39%	1.39%	Reduced -28.5k	-28,467 -3.8%
9	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	259,990	$126.3m1.35%	1.35%	Reduced -8.8k	-8,751 -3.3%
10	TESLA INC COM TSLA	TSLA	362,150	$115.0m1.23%	1.23%	Reduced -12.1k	-12,144 -3.2%
11	JPMORGAN CHASE & CO COM JPM	JPM	312,506	$90.6m0.97%	0.97%	Reduced -15.0k	-14,991 -4.6%
12	ELI LILLY & CO COM LLY	LLY	92,571	$72.2m0.77%	0.77%	Reduced -3.8k	-3,768 -3.9%
13	EXXON MOBIL CORP COM XOM	XOM	643,311	$69.3m0.74%	0.74%	Reduced -25.1k	-25,083 -3.8%
14	NETFLIX INC COM NFLX	NFLX	50,989	$68.3m0.73%	0.73%	Reduced -2.2k	-2,233 -4.2%
15	VISA INC COM CL A V	V	192,307	$68.3m0.73%	0.73%	Reduced -9.6k	-9,563 -4.7%
16	MASTERCARD INCORPORATED CL A MA	MA	121,058	$68.0m0.73%	0.73%	Reduced -4.4k	-4,375 -3.5%
17	AMERICAN TOWER CORP NEW COM AMT	AMT	281,428	$62.2m0.67%	0.67%	Reduced -1.9k	-1,851 -0.7%
18	COSTCO WHSL CORP NEW COM COST	COST	61,834	$61.2m0.65%	0.65%	Added +1.9k	+1,860 3.1%
19	WELLTOWER INC COM WELL	WELL	390,532	$60.0m0.64%	0.64%	Added +15.2k	+15,169 4.0%
20	PROLOGIS INC. COM PLD	PLD	558,241	$58.7m0.63%	0.63%	Reduced -2.8k	-2,756 -0.5%
21	PROCTER AND GAMBLE CO COM PG	PG	328,469	$52.3m0.56%	0.56%	Reduced -11.6k	-11,645 -3.4%
22	JOHNSON & JOHNSON COM JNJ	JNJ	340,473	$52.0m0.56%	0.56%	Reduced -11.9k	-11,905 -3.4%
23	ABBVIE INC COM ABBV	ABBV	272,515	$50.6m0.54%	0.54%	Reduced -8.4k	-8,406 -3.0%
24	ORACLE CORP COM ORCL	ORCL	230,428	$50.4m0.54%	0.54%	Reduced -10.7k	-10,685 -4.4%
25	WALMART INC COM WMT	WMT	511,842	$50.0m0.54%	0.54%	Reduced -22.7k	-22,717 -4.2%
26	WELLS FARGO CO NEW COM WFC	WFC	608,687	$48.8m0.52%	0.52%	Reduced -19.7k	-19,710 -3.1%
27	EQUINIX INC COM EQIX	EQIX	58,782	$46.8m0.50%	0.50%	Reduced -42	-42 -0.1%
28	HOME DEPOT INC COM HD	HD	111,608	$40.9m0.44%	0.44%	Reduced -4.8k	-4,764 -4.1%
29	UNITEDHEALTH GROUP INC COM UNH	UNH	129,485	$40.4m0.43%	0.43%	Reduced -3.0k	-3,010 -2.3%
30	CISCO SYS INC COM CSCO	CSCO	576,491	$40.0m0.43%	0.43%	Reduced -19.1k	-19,135 -3.2%
31	DIGITAL RLTY TR INC COM DLR	DLR	200,711	$35.0m0.37%	0.37%	Added +1.1k	+1,150 0.6%
32	BANK AMERICA CORP COM BAC	BAC	737,578	$34.9m0.37%	0.37%	Reduced -38.4k	-38,420 -5.0%
33	PHILIP MORRIS INTL INC COM PM	PM	191,625	$34.9m0.37%	0.37%	Reduced -7.6k	-7,565 -3.8%
34	QUALCOMM INC COM QCOM	QCOM	210,525	$33.5m0.36%	0.36%	Added +3.7k	+3,695 1.8%
35	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	239,630	$32.7m0.35%	0.35%	Reduced -465	-465 -0.2%
36	ABBOTT LABS COM ABT	ABT	239,004	$32.5m0.35%	0.35%	Reduced -7.7k	-7,745 -3.1%
37	CHEVRON CORP NEW COM CVX	CVX	224,759	$32.2m0.34%	0.34%	Reduced -13.2k	-13,190 -5.5%
38	SIMON PPTY GROUP INC NEW COM SPG	SPG	193,104	$31.0m0.33%	0.33%	Reduced -1.5k	-1,498 -0.8%
39	REALTY INCOME CORP COM O	O	538,537	$31.0m0.33%	0.33%	Added +9.6k	+9,635 1.8%
40	GE AEROSPACE COM NEW GE	GE	119,867	$30.9m0.33%	0.33%	Reduced -5.8k	-5,771 -4.6%
41	COCA COLA CO COM KO	KO	434,722	$30.8m0.33%	0.33%	Reduced -18.9k	-18,900 -4.2%
42	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	104,305	$30.7m0.33%	0.33%	Reduced -4.0k	-3,980 -3.7%
43	VERIZON COMMUNICATIONS INC COM VZ	VZ	685,437	$29.7m0.32%	0.32%	Reduced -20.0k	-19,955 -2.8%
44	SALESFORCE INC COM CRM	CRM	107,725	$29.4m0.31%	0.31%	Reduced -4.4k	-4,415 -3.9%
45	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	45,763	$28.3m0.30%	0.30%	Reduced -107.6k	-107,590 -70.2%
46	PUBLIC STORAGE COM PSA	PSA	95,012	$27.9m0.30%	0.30%	Reduced -971	-971 -1.0%
47	ADVANCED MICRO DEVICES INC COM AMD	AMD	196,379	$27.9m0.30%	0.30%	Reduced -7.5k	-7,460 -3.7%
48	GOLDMAN SACHS GROUP INC COM GS	GS	38,879	$27.5m0.29%	0.29%	Reduced -2.1k	-2,090 -5.1%
49	AT&T INC COM T	T	938,524	$27.2m0.29%	0.29%	Reduced -32.8k	-32,835 -3.4%
50	LOWES COS INC COM LOW	LOW	122,024	$27.1m0.29%	0.29%	Reduced -3.3k	-3,275 -2.6%
51	CROWN CASTLE INC COM CCI	CCI	261,160	$26.8m0.29%	0.29%	Reduced -2.9k	-2,922 -1.1%
52	MERCK & CO INC COM MRK	MRK	327,444	$25.9m0.28%	0.28%	Reduced -14.6k	-14,645 -4.3%
53	PEPSICO INC COM PEP	PEP	194,071	$25.6m0.27%	0.27%	Reduced -6.8k	-6,780 -3.4%
54	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	84,262	$25.2m0.27%	0.27%	Reduced -3.0k	-3,035 -3.5%
55	DISNEY WALT CO COM DIS	DIS	201,658	$25.0m0.27%	0.27%	Reduced -10.3k	-10,285 -4.8%
56	AMERICAN EXPRESS CO COM AXP	AXP	78,251	$25.0m0.27%	0.27%	Reduced -2.8k	-2,785 -3.4%
57	LINDE PLC SHS LIN	LIN	52,823	$24.8m0.27%	0.27%	Reduced -2.9k	-2,935 -5.3%
58	INTUIT COM INTU	INTU	31,408	$24.7m0.26%	0.26%	Reduced -1.4k	-1,395 -4.2%
59	SERVICENOW INC COM NOW	NOW	23,292	$23.9m0.26%	0.26%	Reduced -845	-845 -3.5%
60	ADOBE INC COM ADBE	ADBE	60,807	$23.5m0.25%	0.25%	Reduced -3.1k	-3,100 -4.8%
61	MCDONALDS CORP COM MCD	MCD	80,351	$23.5m0.25%	0.25%	Reduced -3.6k	-3,595 -4.3%
62	COMCAST CORP NEW CL A CMCSA	CMCSA	631,318	$22.5m0.24%	0.24%	Reduced -23.6k	-23,570 -3.6%
63	CONOCOPHILLIPS COM COP	COP	248,761	$22.3m0.24%	0.24%	Reduced -7.3k	-7,260 -2.8%
64	CAPITAL ONE FINL CORP COM COF	COF	103,855	$22.1m0.24%	0.24%	Added +27.1k	+27,138 35.4%
65	RTX CORPORATION COM RTX	RTX	150,189	$21.9m0.23%	0.23%	Reduced -5.9k	-5,890 -3.8%
66	UBER TECHNOLOGIES INC COM UBER	UBER	234,630	$21.9m0.23%	0.23%	Reduced -10.1k	-10,090 -4.1%
67	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	40,259	$21.9m0.23%	0.23%	Reduced -1.5k	-1,530 -3.7%
68	TJX COS INC NEW COM TJX	TJX	175,527	$21.7m0.23%	0.23%	Reduced -6.2k	-6,185 -3.4%
69	TEXAS INSTRS INC COM TXN	TXN	102,157	$21.2m0.23%	0.23%	Reduced -4.5k	-4,480 -4.2%
70	BOOKING HOLDINGS INC COM BKNG	BKNG	3,661	$21.2m0.23%	0.23%	Reduced -215	-215 -5.5%
71	VICI PPTYS INC COM VICI	VICI	635,718	$20.7m0.22%	0.22%	Reduced -4.8k	-4,832 -0.8%
72	CATERPILLAR INC COM CAT	CAT	52,818	$20.5m0.22%	0.22%	Reduced -3.2k	-3,190 -5.7%
73	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	45,255	$20.1m0.22%	0.22%	Reduced -1.2k	-1,250 -2.7%
74	MICRON TECHNOLOGY INC COM MU	MU	162,527	$20.0m0.21%	0.21%	Added +17.0k	+17,040 11.7%
75	GILEAD SCIENCES INC COM GILD	GILD	178,037	$19.7m0.21%	0.21%	Reduced -6.3k	-6,285 -3.4%
76	MORGAN STANLEY COM NEW MS	MS	138,824	$19.6m0.21%	0.21%	Reduced -6.2k	-6,175 -4.3%
77	AMGEN INC COM AMGN	AMGN	69,009	$19.3m0.21%	0.21%	Reduced -2.6k	-2,640 -3.7%
78	EXTRA SPACE STORAGE INC COM EXR	EXR	126,968	$18.7m0.20%	0.20%	Reduced -181	-181 -0.1%
79	PFIZER INC COM PFE	PFE	771,283	$18.7m0.20%	0.20%	Reduced -25.3k	-25,270 -3.2%
80	S&P GLOBAL INC COM SPGI	SPGI	35,241	$18.6m0.20%	0.20%	Reduced -1.7k	-1,670 -4.5%
81	IRON MTN INC DEL COM IRM	IRM	176,708	$18.1m0.19%	0.19%	Added +76	+76 0.0%
82	ALTRIA GROUP INC COM MO	MO	308,878	$18.1m0.19%	0.19%	Reduced -9.7k	-9,710 -3.0%
83	AMERIPRISE FINL INC COM AMP	AMP	33,664	$18.0m0.19%	0.19%	Reduced -570	-570 -1.7%
84	CITIGROUP INC COM NEW C	C	210,114	$17.9m0.19%	0.19%	Reduced -9.9k	-9,900 -4.5%
85	BOSTON SCIENTIFIC CORP COM BSX	BSX	166,256	$17.9m0.19%	0.19%	Reduced -6.4k	-6,415 -3.7%
86	SEI INVTS CO COM SEIC	SEIC	198,665	$17.9m0.19%	0.19%	Reduced -665	-665 -0.3%
87	BOEING CO COM BA	BA	85,004	$17.8m0.19%	0.19%	Reduced -2.8k	-2,840 -3.2%
88	PROGRESSIVE CORP COM PGR	PGR	65,854	$17.6m0.19%	0.19%	Reduced -2.8k	-2,790 -4.1%
89	SCHWAB CHARLES CORP COM SCHW	SCHW	191,817	$17.5m0.19%	0.19%	Reduced -7.9k	-7,870 -3.9%
90	AVALONBAY CMNTYS INC COM AVB	AVB	85,552	$17.4m0.19%	0.19%	Reduced -690	-690 -0.8%
91	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	42,507	$17.2m0.18%	0.18%	Reduced -2.3k	-2,300 -5.1%
92	BLACKROCK INC COM BLK	BLK	16,357	$17.2m0.18%	0.18%	Reduced -700	-700 -4.1%
93	HONEYWELL INTL INC COM COM		72,152	$16.8m0.18%	0.18%	Reduced -4.0k	-4,010 -5.3%
94	APPLIED MATLS INC COM AMAT	AMAT	91,356	$16.7m0.18%	0.18%	Reduced -3.8k	-3,795 -4.0%
95	VENTAS INC COM VTR	VTR	264,287	$16.7m0.18%	0.18%	Added +8.6k	+8,647 3.4%
96	MCKESSON CORP COM MCK	MCK	22,511	$16.5m0.18%	0.18%	Reduced -630	-630 -2.7%
97	GALLAGHER ARTHUR J & CO COM AJG	AJG	50,637	$16.2m0.17%	0.17%	Reduced -1.0k	-1,045 -2.0%
98	GE VERNOVA INC COM GEV	GEV	30,610	$16.2m0.17%	0.17%	Reduced -1.7k	-1,730 -5.3%
99	MEDTRONIC PLC SHS MDT	MDT	184,116	$16.0m0.17%	0.17%	Reduced -6.1k	-6,090 -3.2%
100	NEXTERA ENERGY INC COM NEE	NEE	230,716	$16.0m0.17%	0.17%	Reduced -10.3k	-10,315 -4.3%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
DISCOVER FINL SVCS DFS	DFS	29,414	$5.0m29.4k shares
NORDSTROM INC JWN	JWN	79,206	$1.9m79.2k shares
BERRY GLOBAL GROUP INC BERY	BERY	23,212	$1.6m23.2k shares
PATTERSON COS INC PDCO	PDCO	43,525	$1.4m43.5k shares
UNITED STATES STL CORP NEW X	X	26,361	$1.1m26.4k shares
EASTERLY GOVT PPTYS INC		103,290	$1.1m103.3k shares
SOLARWINDS CORP SWI	SWI	30,427	$560.0k30.4k shares
THE ODP CORP ODP	ODP	16,689	$239.0k16.7k shares
FORWARD AIR CORP FWRD	FWRD	11,070	$222.0k11.1k shares