North Dakota State Investment Board
•CIK: 2064039•Filing: Q4 2025
**North Dakota State Investment Board** manages $2.7B across a diversified portfolio of 826 holdings. The strategy exhibits significant concentration in mega-cap technology and index exposure, notably allocating $271.4M to USIG and $149.5M to NVDA. Top positions further include substantial allocations to AAPL ($135.9M), MSFT ($123.0M), and IVV ($93.3M). This structure reflects a commitment to established market leaders and broad market index tracking.
Total AUM
$2.7B
QoQ Performance
N/A
Positions
819
Top 10 Concentration
47.5%
Latest Filing
Q4 2025
Top Holdings Allocation
USIG
NVDA
AAPL
USIG10.1%
NVDA5.6%
AAPL5.1%
MSFT4.6%
IVV3.5%
AMZN2.8%
GOOGL2.3%
AVGO2.0%
📈 Biggest Buys
📉 Biggest Sells
No reductions this quarter
Sector Breakdown
Other33.6%
Technology32.0%
Consumer8.9%
Financial7.4%
Healthcare5.8%
ETF4.1%
Industrial2.8%
Communication1.6%