SEC 13F Intelligence

Managers / Q4 2019 · view latest →

South Dakota Investment Council

CIK 0001538846 · 4009 W. 49TH STREET, SUITE 300, SIOUX FALLS, SD, 57106 · 605-362-2820

Reported Value
$4.8B
Q4 2019
Positions
586
Filings on Record
31
2019–present window
Filed
Feb 11, 2020
original filing

Summary

South Dakota Investment Council reported $4.8B in U.S.-listed holdings across 586 positions for Q4 2019.

Its largest position, VWO, represents 14.7% of the portfolio.

Compared with Q3 2019, the fund opened 17 new positions and exited 50.

Portfolio Metrics

Turnover
+9.0%
vs prior filed quarter
Top-10 Concentration
+31.6%
share of reported value
Largest Position
+14.7%
Vanguard Intl Equity Index F
New / Exited
17 / 50
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $4.0BQ4 ’18Q1 ’19: $4.7BQ2 ’19: $4.8BQ3 ’19: $5.1BQ4 ’19: $4.8BQ4 ’19Q1 ’20: $3.7BQ2 ’20: $4.3BQ3 ’20: $4.6BQ4 ’20: $5.4BQ4 ’20Q1 ’21: $6.0BQ2 ’21: $5.7BQ3 ’21: $5.6BQ4 ’21: $6.0BQ4 ’21Q1 ’22: $5.0BQ2 ’22: $4.4BQ3 ’22: $4.1BQ4 ’22: $4.5BQ4 ’22Q1 ’23: $4.7BQ2 ’23: $4.8BQ3 ’23: $4.4BQ4 ’23: $4.7BQ4 ’23Q1 ’24: $4.8BQ2 ’24: $4.9BQ3 ’24: $5.1BQ4 ’24: $5.0BQ4 ’24Q1 ’25: $4.9BQ2 ’25: $5.2BQ3 ’25: $5.1BQ4 ’25: $5.3BQ4 ’25Q1 ’26: $5.2Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 79.1%ETP: 15.2%REIT: 3.0%Other: 2.0%ADR: 0.7%Right: 0.0%
  • Common Stock · 79.1% · $3.8B
  • ETP · 15.2% · $726M
  • REIT · 3.0% · $143M
  • Other · 2.0% · $95M
  • ADR · 0.7% · $36M
  • Right · 0.0% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VIACOMCBS INCNEW+594.5K594.5K+$25M$25M
OIO-I GLASS INCNEW+657.8K657.8K+$8M$8M
COPCONOCOPHILLIPSNEW+51.6K51.6K+$3M$3M
COLMCOLUMBIA SPORTSWEAR CONEW+28.6K28.6K+$3M$3M
TFCTRUIST FINL CORPNEW+32.4K32.4K+$2M$2M
BRISTOL MYERS SQUIBB CONEW+421.1K421.1K+$1M$1M
BAXBAXTER INTL INCNEW+12.0K12.0K+$1M$1M
NEXTIER OILFIELD SOLUTIONS INEW+128.2K128.2K+$859,000$859,000

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

495 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VWOVANGUARD INTL EQUITY INDEX Fhistory →FTSE EMR MKT ETF14.74%$706M15.88M
2AAPLAPPLE INChistory →COM3.33%$159M543.0K
3MSFTMICROSOFT CORPhistory →COM3.10%$149M942.9K
4GOOGALPHABET INCCAP STK CL C · CAP STK CL A2.56%$123M91.6K
5BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A1.74%$83M355.0K
6METAFACEBOOK INChistory →CL A1.45%$69M337.5K
7WFCWELLS FARGO CO NEWhistory →COM1.30%$62M1.16M
8UNHUNITEDHEALTH GROUP INChistory →COM1.17%$56M190.1K
9SLBSCHLUMBERGER LTDhistory →COM1.09%$52M1.30M
10ALLERGAN PLCSHS1.09%$52M273.3K
11JPMJPMORGAN CHASE & COhistory →COM1.06%$51M364.5K
12HUMHUMANA INChistory →COM1.06%$51M138.3K
13CCITIGROUP INChistory →COM NEW1.00%$48M600.7K
14HALHALLIBURTON COhistory →COM0.98%$47M1.93M
15PFEPFIZER INChistory →COM0.97%$47M1.19M
16AMZNAMAZON COM INChistory →COM0.94%$45M24.3K
17MDTMEDTRONIC PLChistory →SHS0.92%$44M386.4K
18VVISA INChistory →COM CL A0.90%$43M229.6K
19DISDISNEY WALT COhistory →COM DISNEY0.90%$43M297.8K
20LENLENNAR CORPCL A · CL B0.88%$42M757.8K
21USBUS BANCORP DELhistory →COM NEW0.79%$38M637.5K
22BMYBRISTOL MYERS SQUIBB COCOM · RIGHT 99/99/99990.77%$37M975.9K
23CIMAREX ENERGY COCOM0.76%$37M696.3K
24INTCINTEL CORPhistory →COM0.76%$36M607.3K
25JNJJOHNSON & JOHNSONhistory →COM0.75%$36M244.9K
26GILDGILEAD SCIENCES INChistory →COM0.74%$35M546.3K
27NOBLE ENERGY INCCOM0.71%$34M1.36M
28OXYOCCIDENTAL PETE CORPhistory →COM0.70%$33M809.0K
29LYBLYONDELLBASELL INDUSTRIES Nhistory →SHS - A -0.69%$33M348.3K
30VZVERIZON COMMUNICATIONS INChistory →COM0.67%$32M524.2K
31WMTWALMART INChistory →COM0.64%$31M258.7K
32CMCSACOMCAST CORP NEWhistory →CL A0.64%$30M676.8K
33EMNEASTMAN CHEMICAL COhistory →COM0.57%$27M343.0K
34AMATAPPLIED MATLS INChistory →COM0.56%$27M439.8K
35WDCWESTERN DIGITAL CORPhistory →COM0.54%$26M404.1K
36TAT&T INChistory →COM0.53%$25M650.0K
37VIACOMCBS INCCL B0.52%$25M594.5K
38BACBANK AMER CORPhistory →COM0.51%$24M694.1K
39CNCCENTENE CORP DELhistory →COM0.49%$24M373.8K
40FDXFEDEX CORPhistory →COM0.49%$23M154.7K
41TOLTOLL BROTHERS INChistory →COM0.46%$22M554.9K
42MRKMERCK & CO INChistory →COM0.46%$22M240.6K
43THOTHOR INDS INChistory →COM0.45%$22M291.9K
44ORCLORACLE CORPhistory →COM0.45%$21M402.8K
45DVNDEVON ENERGY CORP NEWhistory →COM0.44%$21M819.6K
46EQIXEQUINIX INChistory →COM0.44%$21M36.2K
47EOGEOG RES INChistory →COM0.44%$21M250.8K
48STTSTATE STR CORPhistory →COM0.43%$21M261.5K
49GDGENERAL DYNAMICS CORPhistory →COM0.43%$21M117.1K
50MDLZMONDELEZ INTL INChistory →CL A0.42%$20M364.4K
51BPBP PLChistory →SPONSORED ADR0.42%$20M528.2K
52AMGNAMGEN INChistory →COM0.41%$20M81.8K
53PMPHILIP MORRIS INTL INChistory →COM0.41%$20M231.3K
54HESHESS CORPhistory →COM0.41%$19M290.9K
55MARATHON OIL CORPCOM0.40%$19M1.41M
56BNYBANK NEW YORK MELLON CORPhistory →COM0.39%$19M374.5K
57BDXBECTON DICKINSON & COhistory →COM0.39%$19M68.6K
58ELVANTHEM INChistory →COM0.39%$19M61.5K
59BKNGBOOKING HLDGS INChistory →COM0.38%$18M9.0K
60VEAVANGUARD TAX MANAGED INTL FDhistory →FTSE DEV MKT ETF0.38%$18M414.4K
61ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.38%$18M85.9K
62TGTTARGET CORPhistory →COM0.37%$18M139.0K
63AIGAMERICAN INTL GROUP INChistory →COM NEW0.37%$18M346.4K
64UNPUNION PACIFIC CORPhistory →COM0.36%$17M95.4K
65ALKALASKA AIR GROUP INChistory →COM0.35%$17M247.1K
66PEPPEPSICO INChistory →COM0.34%$16M119.2K
67GSGOLDMAN SACHS GROUP INChistory →COM0.31%$15M65.5K
68CXCEMEX SAB DE CVhistory →SPON ADR NEW0.31%$15M3.94M
69DHID R HORTON INChistory →COM0.31%$15M282.1K
70EXMOCEXXON MOBIL CORPhistory →COM0.31%$15M212.1K
71TPRTAPESTRY INChistory →COM0.30%$14M536.2K
72RGAREINSURANCE GRP OF AMERICA Ihistory →COM NEW0.29%$14M85.6K
73CORESITE RLTY CORPCOM0.29%$14M124.2K
74MAMASTERCARD INChistory →CL A0.29%$14M46.5K
75STLDSTEEL DYNAMICS INChistory →COM0.29%$14M406.2K
76IBMINTERNATIONAL BUSINESS MACHShistory →COM0.29%$14M101.9K
77METMETLIFE INChistory →COM0.28%$14M265.7K
78CICIGNA CORP NEWhistory →COM0.28%$13M65.7K
79TXNTEXAS INSTRS INChistory →COM0.28%$13M103.0K
80PYPLPAYPAL HLDGS INChistory →COM0.27%$13M121.0K
81IVZINVESCO LTDhistory →SHS0.27%$13M712.9K
82CONTINENTAL RESOURCES INCCOM0.27%$13M373.3K
83FLRFLUOR CORP NEWhistory →COM0.27%$13M675.4K
84EXPEEXPEDIA GROUP INChistory →COM NEW0.26%$13M117.0K
85LOWLOWES COS INChistory →COM0.26%$12M103.3K
86CONCHO RES INCCOM0.26%$12M141.0K
87CPRICAPRI HOLDINGS LIMITEDhistory →SHS0.26%$12M323.5K
88KLACKLA CORPORATIONhistory →COM NEW0.26%$12M69.2K
89KIMKIMCO RLTY CORPhistory →COM0.26%$12M593.9K
90CVSCVS HEALTH CORPhistory →COM0.25%$12M164.3K
91VSATVIASAT INChistory →COM0.25%$12M162.1K
92PRUPRUDENTIAL FINL INChistory →COM0.24%$12M124.8K
93FOXAFOX CORPhistory →CL A COM0.24%$11M306.9K
94ENERPLUS CORPCOM0.24%$11M1.58M
95PGPROCTER & GAMBLE COhistory →COM0.23%$11M89.8K
96MUMICRON TECHNOLOGY INChistory →COM0.23%$11M204.5K
97CCLCARNIVAL CORPhistory →UNIT 99/99/99990.23%$11M216.2K
98ACHILLION PHARMACEUTICALS INCOM0.22%$11M1.78M
99LCIILCI INDShistory →COM0.22%$11M98.4K
100SOSOUTHERN COhistory →COM0.22%$11M164.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5.2B622May 18, 202613F-HRchanges · EDGAR ↗
Q4 2025$5.3B606Feb 12, 202613F-HRchanges · EDGAR ↗
Q3 2025$5.1B606Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$5.2B613Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$4.9B596May 5, 202513F-HRchanges · EDGAR ↗
Q4 2024$5.0B594Feb 4, 202513F-HRchanges · EDGAR ↗
Q3 2024$5.1B589Nov 4, 202413F-HRchanges · EDGAR ↗
Q2 2024$4.9B581Aug 8, 202413F-HRchanges · EDGAR ↗
Q1 2024$4.8B584May 2, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.7B616Feb 1, 202413F-HRchanges · EDGAR ↗
Q3 2023$4.4B616Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$4.8B613Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$4.7B621May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$4.5B611Feb 7, 202313F-HRchanges · EDGAR ↗
Q3 2022$4.1B621Nov 9, 202213F-HRchanges · EDGAR ↗
Q2 2022$4.4B610Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$5.0B591May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$6.0B586Feb 8, 202213F-HRchanges · EDGAR ↗
Q3 2021$5.6B586Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$5.7B577Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021$6.0B614May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$5.4B611Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$4.6B600Nov 6, 202013F-HRchanges · EDGAR ↗
Q2 2020$4.3B595Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$3.7B588May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$4.8B586Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$5.1B619Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$4.8B601Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$4.7B597May 3, 201913F-HRchanges · EDGAR ↗
Q4 2018$4.0B610Feb 6, 2019RESTATEMENTchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.