§ 13F · FUND PROFILE
STATE OF WISCONSIN INVESTMENT BOARD.
Wisconsin state pension fund
AUM · $43.6B (13F)Positions · 2366Turnover · 94% · Q1Filed · May 15, 2026
CONCENTRATION
27%
Top 10 holdings
NEW BUYS
+280
+$468M deployed
EXITS
0
No exits
SECTOR SHIFT
TECHNOLOGY → OTHER
-2pp · +3pp
3YR HIT RATE
—
Top-5 overlap
§ 01 · TOP HOLDINGS
The book · Q1 2026
FILED MAY 15, 2026
| # | Ticker | Name | Shares | $ value | % port | Δ Q1 |
|---|---|---|---|---|---|---|
| 1 | NVDA | NVIDIA CORPORATION | 13.03M | $2.3B | 5.2% | +3% |
| 2 | AAPL | APPLE INC | 7.91M | $2.0B | 4.6% | +3% |
| 3 | MSFT | MICROSOFT CORP | 3.80M | $1.4B | 3.2% | +4% |
| 4 | RSP | INVESCO EXCHANGE TRADED FD T | 6.60M | $1.3B | 2.9% | −22% |
| 5 | AMZN | AMAZON COM INC | 5.17M | $1.1B | 2.5% | +4% |
| 6 | GOOGL | ALPHABET INC | 3.13M | $900M | 2.1% | +3% |
| 7 | AVGO | BROADCOM INC | 2.46M | $760M | 1.7% | +3% |
| 8 | GOOG | ALPHABET INC | 2.60M | $747M | 1.7% | +3% |
| 9 | META | META PLATFORMS INC | 1.17M | $668M | 1.5% | +4% |
| 10 | TSLA | TESLA INC | 1.51M | $563M | 1.3% | +3% |
§ 02 · SECTOR ALLOCATION
Where the money is
Other45.6% (+3pp)
Technology12.4% (−2pp)
Semiconductors10.4% (±0)
Media8.7% (±0)
Retail5.9% (±0)
Financial Services5.2% (±0)
§ 03 · THE STATE SIGNAL
AC read
STATE OF WISCONSIN INVESTMENT BOARD is a Income / Defensive fund managing $43.6 billion in assets. The fund runs a massive portfolio of 2,366 positions, broad diversification across holdings, with the top 10 accounting for 27%. Trading activity is aggressive at 94% quarterly turnover, with 280 new positions and 0 exits last quarter. Top sector allocations: Other (46%), Technology (12%), Semiconductors (10%).
Read the full dossier →§ 04 · FILING HISTORY
Q-by-Q deltas
2 FILINGS
Q1 2026
Busy quarter
+280 buys · −0 exits · 2061 changed
Q4 2025
Busy quarter
+253 buys · −0 exits · 1985 changed
Q3 2025
Busy quarter
+2365 buys · −0 exits · 0 changed
Q1 2025
Busy quarter
+2241 buys · −0 exits · 0 changed