North Dakota State Investment Board

BISMARCK, ND · CIK 2064039 · 13F filing filed 2026-08-04

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 entityNorth Dakota State Investment Board (US)

Kindasset owner
Others nearbyBismarck, ND

$2.5bn reported value +6.5% vs Q1 2026

826positions

37.1%in top 10

92 new 632 added 101 reduced 18 sold out vs Q1 2026

Holdings, Q2 2026

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	NVIDIA CORPORATION COM NVDA	NVDA	687,707	$137.6m5.59%	5.59%	Added +9.5k	+9,527 1.4%
2	ISHARES TR CORE S&P500 ETF IVV	IVV	179,687	$134.6m5.47%	5.47%	Added +67.4k	+67,396 60.0%
3	ISHARES TR IBOXX INV CP ETF LQD	LQD	1,167,864	$127.4m5.17%	5.17%	Added +56.5k	+56,490 5.1%
4	APPLE INC COM AAPL	AAPL	426,229	$123.3m5.01%	5.01%	Added +3.8k	+3,781 0.9%
5	MICROSOFT CORP COM MSFT	MSFT	219,052	$81.7m3.32%	3.32%	Added +4.1k	+4,146 1.9%
6	ISHARES TR USD INV GRDE ETF USIG	USIG	1,499,747	$76.9m3.12%	3.12%	Reduced -3.7m	-3,741,729 -71.4%
7	AMAZON COM INC COM AMZN	AMZN	285,975	$68.2m2.77%	2.77%	Added +8.0k	+8,011 2.9%
8	ALPHABET INC CAP STK CL A GOOGL	GOOGL	171,763	$61.4m2.49%	2.49%	Added +3.3k	+3,326 2.0%
9	BROADCOM INC COM AVGO	AVGO	137,340	$51.9m2.11%	2.11%	Added +3.5k	+3,516 2.6%
10	ALPHABET INC CAP STK CL C GOOG	GOOG	140,182	$49.5m2.01%	2.01%	Added +3.0k	+3,034 2.2%
11	MICRON TECHNOLOGY INC COM MU	MU	33,224	$38.4m1.56%	1.56%	Added +848	+848 2.6%
12	META PLATFORMS INC CL A META	META	64,930	$36.6m1.49%	1.49%	Added +1.7k	+1,663 2.6%
13	TESLA INC COM TSLA	TSLA	86,131	$36.2m1.47%	1.47%	Added +4.4k	+4,370 5.3%
14	ELI LILLY & CO COM LLY	LLY	23,539	$28.2m1.15%	1.15%	Added +325	+325 1.4%
15	ADVANCED MICRO DEVICES INC COM AMD	AMD	47,888	$27.8m1.13%	1.13%	Added +1.2k	+1,223 2.6%
16	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	54,845	$27.4m1.11%	1.11%	Added +1.4k	+1,399 2.6%
17	JPMORGAN CHASE & CO COM JPM	JPM	78,820	$25.8m1.05%	1.05%	Added +102	+102 0.1%
18	INTEL CORP COM INTC	INTC	129,279	$18.1m0.73%	0.73%	Added +1.4k	+1,418 1.1%
19	JOHNSON & JOHNSON COM JNJ	JNJ	71,036	$18.0m0.73%	0.73%	Added +1.3k	+1,305 1.9%
20	APPLIED MATLS INC COM AMAT	AMAT	23,375	$16.9m0.69%	0.69%	Added +134	+134 0.6%
21	EXXON MOBIL CORP COM XOM	XOM	122,689	$16.8m0.68%	0.68%	Added +268	+268 0.2%
22	VISA INC COM CL A V	V	48,684	$16.7m0.68%	0.68%	Reduced -94	-94 -0.2%
23	LAM RESEARCH CORP COM NEW LRCX	LRCX	36,844	$16.0m0.65%	0.65%	Added +462	+462 1.3%
24	ISHARES TR ISHS 1-5YR INVS IGSB	IGSB	297,278	$15.6m0.63%	0.63%	Reduced -38.1k	-38,059 -11.3%
25	WALMART INC COM WMT	WMT	129,371	$14.7m0.60%	0.60%	Added +3.3k	+3,302 2.6%
26	CATERPILLAR INC COM CAT	CAT	13,389	$14.3m0.58%	0.58%	Reduced -28	-28 -0.2%
27	CISCO SYS INC COM CSCO	CSCO	119,859	$14.1m0.57%	0.57%	Added +2.2k	+2,167 1.8%
28	ABBVIE INC COM ABBV	ABBV	52,197	$13.1m0.53%	0.53%	Added +863	+863 1.7%
29	MASTERCARD INCORPORATED CL A MA	MA	23,921	$12.3m0.50%	0.50%	Added +611	+611 2.6%
30	COSTCO WHSL CORP NEW COM COST	COST	13,125	$12.3m0.50%	0.50%	Added +263	+263 2.0%
31	UNITEDHEALTH GROUP INC COM UNH	UNH	29,272	$12.2m0.49%	0.49%	Added +2.9k	+2,904 11.0%
32	KLA CORP COM NEW KLAC	KLAC	38,571	$11.6m0.47%	0.47%	Added +431	+431 1.1%
33	GE AEROSPACE COM NEW GE	GE	30,450	$11.4m0.46%	0.46%	Added +309	+309 1.0%
34	BANK AMERICA CORP COM BAC	BAC	195,293	$11.1m0.45%	0.45%	Added +2.6k	+2,609 1.4%
35	HOME DEPOT INC COM HD	HD	29,607	$10.4m0.42%	0.42%	Added +756	+756 2.6%
36	PROCTER AND GAMBLE CO COM PG	PG	68,746	$10.1m0.41%	0.41%	Added +683	+683 1.0%
37	SANDISK CORP COM SNDK	SNDK	4,253	$9.7m0.39%	0.39%	Added +346	+346 8.9%
38	COCA COLA CO COM KO	KO	115,638	$9.4m0.38%	0.38%	Added +3.0k	+2,950 2.6%
39	MERCK & CO INC COM MRK	MRK	72,931	$9.4m0.38%	0.38%	Reduced -80	-80 -0.1%
40	GE VERNOVA INC COM GEV	GEV	7,931	$9.3m0.38%	0.38%	Added +8	+8 0.1%
41	CHEVRON CORP NEW COM CVX	CVX	54,681	$9.1m0.37%	0.37%	Added +393	+393 0.7%
42	SPDR SER TR PORTFOLIO CRPORT SPBO	SPBO	311,928	$9.1m0.37%	0.37%	Reduced -777.1k	-777,140 -71.4%
43	NETFLIX INC COM NFLX	NFLX	123,707	$8.8m0.36%	0.36%	Added +902	+902 0.7%
44	GOLDMAN SACHS GROUP INC COM GS	GS	8,502	$8.6m0.35%	0.35%	Reduced -12	-12 -0.1%
45	PHILIP MORRIS INTL INC COM PM	PM	46,328	$8.4m0.34%	0.34%	Added +1.2k	+1,183 2.6%
46	WESTERN DIGITAL CORP COM WDC	WDC	13,091	$8.4m0.34%	0.34%	Reduced -3.6k	-3,557 -21.4%
47	PALO ALTO NETWORKS INC COM PANW	PANW	23,786	$8.1m0.33%	0.33%	Added +1.3k	+1,261 5.6%
48	TEXAS INSTRS INC COM TXN	TXN	27,025	$8.1m0.33%	0.33%	Added +690	+690 2.6%
49	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	27,667	$7.8m0.32%	0.32%	Added +707	+707 2.6%
50	MARVELL TECHNOLOGY INC COM MRVL	MRVL	25,715	$7.7m0.31%	0.31%	Added +673	+673 2.7%
51	PALANTIR TECHNOLOGIES INC CL A PLTR	PLTR	64,953	$7.6m0.31%	0.31%	Added +581	+581 0.9%
52	RTX CORPORATION COM RTX	RTX	39,783	$7.5m0.31%	0.31%	Added +1.0k	+1,015 2.6%
53	VANGUARD SCOTTSDALE FDS TOTAL CORP BND VTC	VTC	98,039	$7.5m0.31%	0.31%	Reduced -264.8k	-264,833 -73.0%
54	WELLS FARGO CO NEW COM WFC	WFC	90,309	$7.5m0.30%	0.30%	Reduced -780	-780 -0.9%
55	ORACLE CORP COM ORCL	ORCL	50,056	$7.3m0.30%	0.30%	Added +1.3k	+1,279 2.6%
56	CITIGROUP INC COM NEW C	C	52,036	$7.3m0.30%	0.30%	Added +625	+625 1.2%
57	LINDE PLC SHS LIN	LIN	13,595	$7.1m0.29%	0.29%	Reduced -12	-12 -0.1%
58	MORGAN STANLEY COM NEW MS	MS	33,037	$6.9m0.28%	0.28%	Reduced -326	-326 -1.0%
59	QUALCOMM INC COM QCOM	QCOM	36,587	$6.8m0.27%	0.27%	Added +147	+147 0.4%
60	AMPHENOL CORP CL A APH	APH	36,283	$6.4m0.26%	0.26%	Added +926	+926 2.6%
61	CORNING INC COM GLW	GLW	23,215	$5.9m0.24%	0.24%	Added +598	+598 2.6%
62	AMGEN INC COM AMGN	AMGN	15,994	$5.8m0.24%	0.24%	Added +50	+50 0.3%
63	ANALOG DEVICES INC COM ADI	ADI	14,534	$5.8m0.23%	0.23%	Added +157	+157 1.1%
64	MCDONALDS CORP COM MCD	MCD	21,256	$5.7m0.23%	0.23%	Added +542	+542 2.6%
65	CROWDSTRIKE HLDGS INC CL A CRWD	CRWD	7,353	$5.6m0.23%	0.23%	Added +190	+190 2.6%
66	PEPSICO INC COM PEP	PEP	40,747	$5.5m0.22%	0.22%	Added +1.0k	+1,040 2.6%
67	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	10,961	$5.5m0.22%	0.22%	Added +21	+21 0.2%
68	NEXTERA ENERGY INC COM NEE	NEE	62,035	$5.4m0.22%	0.22%	Added +1.6k	+1,583 2.6%
69	VERIZON COMMUNICATIONS INC COM VZ	VZ	125,587	$5.3m0.22%	0.22%	Added +2.0k	+1,988 1.6%
70	AMERICAN EXPRESS CO COM AXP	AXP	15,653	$5.3m0.22%	0.22%	Added +4	+4 0.0%
71	CVS HEALTH CORP COM CVS	CVS	50,828	$5.3m0.21%	0.21%	Added +13.7k	+13,725 37.0%
72	ARISTA NETWORKS INC COM SHS ANET	ANET	30,676	$5.2m0.21%	0.21%	Added +792	+792 2.6%
73	DISNEY WALT CO COM DIS	DIS	52,825	$5.1m0.21%	0.21%	Added +350	+350 0.7%
74	TJX COS INC NEW COM TJX	TJX	33,260	$5.0m0.20%	0.20%	Added +857	+857 2.6%
75	EATON CORP PLC SHS ETN	ETN	11,653	$5.0m0.20%	0.20%	Added +297	+297 2.6%
76	BOEING CO COM BA	BA	22,468	$4.9m0.20%	0.20%	Added +808	+808 3.7%
77	UNION PAC CORP COM UNP	UNP	17,783	$4.8m0.20%	0.20%	Added +453	+453 2.6%
78	DELL TECHNOLOGIES INC CL C DELL	DELL	11,008	$4.7m0.19%	0.19%	Added +1.8k	+1,801 19.6%
79	GILEAD SCIENCES INC COM GILD	GILD	37,032	$4.7m0.19%	0.19%	Reduced -1.7k	-1,655 -4.3%
80	ABBOTT LABS COM ABT	ABT	51,490	$4.7m0.19%	0.19%	Added +1.3k	+1,315 2.6%
81	WELLTOWER INC COM WELL	WELL	20,447	$4.6m0.19%	0.19%	Added +527	+527 2.6%
82	DEERE & CO COM DE	DE	7,265	$4.6m0.19%	0.19%	Added +187	+187 2.6%
83	BRISTOL-MYERS SQUIBB CO COM BMY	BMY	79,632	$4.6m0.19%	0.19%	Added +18.1k	+18,120 29.5%
84	BOOKING HOLDINGS INC COM BKNG	BKNG	25,265	$4.5m0.18%	0.18%	Reduced -1.1k	-1,085 -4.1%
85	SCHWAB CHARLES CORP COM SCHW	SCHW	48,181	$4.4m0.18%	0.18%	Reduced -1.3k	-1,272 -2.6%
86	BLACKROCK INC COM BLK	BLK	4,537	$4.4m0.18%	0.18%	Added +117	+117 2.6%
87	INTUITIVE SURGICAL INC COM NEW ISRG	ISRG	10,496	$4.2m0.17%	0.17%	Added +268	+268 2.6%
88	UBER TECHNOLOGIES INC COM UBER	UBER	57,754	$4.2m0.17%	0.17%	Reduced -570	-570 -1.0%
89	AT&T INC COM T	T	199,717	$4.1m0.17%	0.17%	Reduced -549	-549 -0.3%
90	EXPEDIA GROUP INC COM NEW EXPE	EXPE	16,033	$4.1m0.17%	0.17%	Added +6.4k	+6,433 67.0%
91	PFIZER INC COM PFE	PFE	168,928	$4.1m0.17%	0.17%	Reduced -14.6k	-14,596 -8.0%
92	NEWMONT CORP COM NEM	NEM	41,570	$3.9m0.16%	0.16%	Added +9.7k	+9,743 30.6%
93	STARBUCKS CORP COM SBUX	SBUX	37,506	$3.8m0.16%	0.16%	Added +4.6k	+4,557 13.8%
94	CONOCOPHILLIPS COM COP	COP	36,794	$3.8m0.16%	0.16%	Added +565	+565 1.6%
95	PROGRESSIVE CORP COM PGR	PGR	17,425	$3.8m0.15%	0.15%	Added +449	+449 2.6%
96	VERTIV HOLDINGS CO COM CL A VRT	VRT	11,312	$3.8m0.15%	0.15%	Added +290	+290 2.6%
97	ALTRIA GROUP INC COM MO	MO	52,607	$3.8m0.15%	0.15%	Added +3.7k	+3,739 7.7%
98	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	7,547	$3.7m0.15%	0.15%	Added +97	+97 1.3%
99	FORTINET INC COM FTNT	FTNT	24,394	$3.7m0.15%	0.15%	Added +6.0k	+5,961 32.3%
100	PROLOGIS INC. COM PLD	PLD	27,582	$3.7m0.15%	0.15%	Added +711	+711 2.6%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		9,212	$4.2m9.2k shares
CHEWY INC CHWY	CHWY	51,183	$1.4m51.2k shares
CARNIVAL CORP		31,240	$808.5k31.2k shares
DUPONT DE NEMOURS INC DWDP	DWDP	5,581	$766.8k5.6k shares
COTERRA ENERGY INC CTRA	CTRA	21,804	$766.2k21.8k shares
HOLOGIC INC HOLX	HOLX	6,521	$492.9k6.5k shares
CHORD ENERGY CORPORATION CHRD	CHRD	1,677	$238.4k1.7k shares
MOSAIC CO NEW MOS	MOS	9,224	$235.2k9.2k shares
MASIMO CORP MASI	MASI	1,318	$234.4k1.3k shares
MATADOR RES CO MTDR	MTDR	3,414	$215.7k3.4k shares
EPAM SYS INC EPAM	EPAM	1,575	$213.3k1.6k shares
INGREDION INC INGR	INGR	1,867	$210.3k1.9k shares
CELANESE CORP DEL CE	CE	3,196	$210.2k3.2k shares
AMDOCS LTD DOX	DOX	3,165	$206.5k3.2k shares
MOLSON COORS BEVERAGE CO TAP	TAP	4,777	$205.7k4.8k shares
NEWELL BRANDS INC NWL	NWL	12,189	$41.8k12.2k shares
CLARIVATE PLC CLVT	CLVT	10,965	$27.7k11.0k shares
COTY INC COTY	COTY	10,311	$20.7k10.3k shares