SEC 13F Intelligence

Managers / Q4 2020 · view latest →

South Dakota Investment Council

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

Reported Value
$5.4B
Q4 2020
Positions
611
Filings on Record
31
2019–present window
Filed
Feb 12, 2021
original filing

Summary

South Dakota Investment Council reported $5.4B in U.S.-listed holdings across 611 positions for Q4 2020.

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

Compared with Q3 2020, the fund opened 21 new positions and exited 10.

Portfolio Metrics

Turnover
+1.9%
vs prior filed quarter
Top-10 Concentration
+35.9%
share of reported value
Largest Position
+14.7%
Vanguard Intl Equity Index F
New / Exited
21 / 10
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: 79.5%ETP: 14.8%REIT: 3.9%ADR: 1.0%Other: 0.9%Right: 0.0%
  • Common Stock · 79.5% · $4.3B
  • ETP · 14.8% · $802M
  • REIT · 3.9% · $212M
  • ADR · 1.0% · $55M
  • Other · 0.9% · $47M
  • Right · 0.0% · $327,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VTRSVIATRIS INCNEW+1.47M1.47M+$28M$28M
UNILEVER PLCNEW+83.0K83.0K+$5M$5M
MTZMASTEC INCNEW+61.7K61.7K+$4M$4M
TSLATESLA INCNEW+5.8K5.8K+$4M$4M
CFWFFCALFRAC WELL SVCS LTDNEW+1.05M1.05M+$3M$3M
MTGMGIC INVT CORP WISNEW+132.0K132.0K+$2M$2M
CDWCDW CORPNEW+10.0K10.0K+$1M$1M
FBPFIRST BANCORP P RNEW+135.4K135.4K+$1M$1M

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

Holdings — Q4 2020

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VWOVANGUARD INTL EQUITY INDEX Fhistory →FTSE EMR MKT ETF14.70%$798M15.93M
2AAPLAPPLE INChistory →COM4.11%$223M1.68M
3MSFTMICROSOFT CORPhistory →COM3.70%$201M902.7K
4VTOLBRISTOW GROUP INChistory →COM3.18%$173M6.56M
5GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.74%$149M84.9K
6WFCWELLS FARGO CO NEWhistory →COM1.72%$94M3.10M
7BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A1.63%$88M367.2K
8METAFACEBOOK INChistory →CL A1.54%$84M307.1K
9AMZNAMAZON COM INChistory →COM1.50%$82M25.0K
10UNHUNITEDHEALTH GROUP INChistory →COM1.05%$57M162.0K
11VVISA INChistory →COM CL A0.91%$50M226.5K
12JPMJPMORGAN CHASE & COhistory →COM0.88%$48M375.3K
13PFEPFIZER INChistory →COM0.83%$45M1.23M
14MDTMEDTRONIC PLChistory →SHS0.83%$45M384.6K
15EXMOCEXXON MOBIL CORPhistory →COM0.80%$43M1.05M
16HUMHUMANA INChistory →COM0.78%$43M103.8K
17DISDISNEY WALT COhistory →COM0.70%$38M209.7K
18LYBLYONDELLBASELL INDUSTRIES Nhistory →SHS - A -0.65%$36M387.9K
19CMCSACOMCAST CORP NEWhistory →CL A0.65%$35M673.5K
20JNJJOHNSON & JOHNSONhistory →COM0.65%$35M223.7K
21AMATAPPLIED MATLS INChistory →COM0.63%$34M397.0K
22ELVANTHEM INChistory →COM0.63%$34M106.6K
23SLBSCHLUMBERGER LTDhistory →COM0.61%$33M1.52M
24MRKMERCK & CO. INChistory →COM0.61%$33M405.3K
25WMTWALMART INChistory →COM0.60%$33M225.9K
26EOGEOG RES INChistory →COM0.60%$33M652.6K
27HALHALLIBURTON COhistory →COM0.60%$33M1.72M
28INTCINTEL CORPhistory →COM0.59%$32M644.5K
29FDXFEDEX CORPhistory →COM0.59%$32M123.3K
30HSTHOST HOTELS & RESORTS INChistory →COM0.58%$32M2.16M
31CCITIGROUP INChistory →COM NEW0.57%$31M504.1K
32USBUS BANCORP DELhistory →COM NEW0.54%$29M628.2K
33CNCCENTENE CORP DELhistory →COM0.54%$29M485.6K
34BMYBRISTOL-MYERS SQUIBB COhistory →COM0.54%$29M469.9K
35VZVERIZON COMMUNICATIONS INChistory →COM0.52%$28M483.1K
36AMGNAMGEN INChistory →COM0.52%$28M122.7K
37VTRSVIATRIS INChistory →COM0.51%$28M1.47M
38EMNEASTMAN CHEM COhistory →COM0.50%$27M270.6K
39BNYBANK NEW YORK MELLON CORPhistory →COM0.48%$26M617.5K
40LLYLILLY ELI & COhistory →COM0.48%$26M154.7K
41TFCTRUIST FINL CORPhistory →COM0.47%$26M536.1K
42COPCONOCOPHILLIPShistory →COM0.46%$25M627.8K
43TOLTOLL BROTHERS INChistory →COM0.46%$25M572.1K
44LENLENNAR CORPhistory →CL A0.45%$24M317.7K
45TPRTAPESTRY INChistory →COM0.44%$24M772.6K
46BDXBECTON DICKINSON & COhistory →COM0.44%$24M95.1K
47GSGOLDMAN SACHS GROUP INChistory →COM0.43%$24M89.5K
48BKNGBOOKING HOLDINGS INChistory →COM0.43%$23M10.5K
49RGAREINSURANCE GRP OF AMERICA Ihistory →COM NEW0.41%$23M194.1K
50PMPHILIP MORRIS INTL INChistory →COM0.41%$22M271.6K
51ORCLORACLE CORPhistory →COM0.41%$22M344.4K
52MUMICRON TECHNOLOGY INChistory →COM0.41%$22M295.7K
53GILDGILEAD SCIENCES INChistory →COM0.41%$22M378.3K
54CPRICAPRI HOLDINGS LIMITEDhistory →SHS0.40%$22M519.1K
55MDLZMONDELEZ INTL INChistory →CL A0.38%$21M353.9K
56CORESITE RLTY CORPCOM0.38%$20M162.7K
57CIMAREX ENERGY COCOM0.37%$20M537.6K
58WDCWESTERN DIGITAL CORP.history →COM0.37%$20M358.6K
59PYPLPAYPAL HLDGS INChistory →COM0.36%$20M84.6K
60KLACKLA CORPhistory →COM NEW0.36%$20M76.0K
61ROYAL DUTCH SHELL PLCSPON ADR B0.36%$19M576.1K
62GDGENERAL DYNAMICS CORPhistory →COM0.36%$19M129.9K
63ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.35%$19M73.2K
64CVXCHEVRON CORP NEWhistory →COM0.35%$19M223.9K
65VIACOMCBS INCCL B0.35%$19M505.6K
66WHRWHIRLPOOL CORPhistory →COM0.34%$18M102.3K
67TAT&T INChistory →COM0.33%$18M620.2K
68FOXAFOX CORPhistory →CL A COM0.32%$18M602.1K
69ALKALASKA AIR GROUP INChistory →COM0.32%$17M336.5K
70CXCEMEX SAB DE CVhistory →SPON ADR NEW0.32%$17M3.37M
71ABBVABBVIE INChistory →COM0.32%$17M161.9K
72IVZINVESCO LTDhistory →SHS0.30%$16M939.6K
73STTSTATE STR CORPhistory →COM0.30%$16M221.8K
74RTXRAYTHEON TECHNOLOGIES CORPhistory →COM0.30%$16M225.6K
75HESHESS CORPhistory →COM0.30%$16M303.7K
76MAMASTERCARD INCORPORATEDhistory →CL A0.29%$16M44.8K
77PSXPHILLIPS 66history →COM0.29%$16M227.3K
78AMERICAN CAMPUS CMNTYS INCCOM0.29%$16M366.3K
79HANESBRANDS INCCOM0.29%$16M1.07M
80STLDSTEEL DYNAMICS INChistory →COM0.26%$14M387.4K
81TE CONNECTIVITY LTDREG SHS0.26%$14M118.0K
82KIMKIMCO RLTY CORPhistory →COM0.26%$14M950.8K
83OXYOCCIDENTAL PETE CORPhistory →COM0.26%$14M824.2K
84UNPUNION PAC CORPhistory →COM0.26%$14M67.7K
85LOWLOWES COS INChistory →COM0.26%$14M87.2K
86TXNTEXAS INSTRS INChistory →COM0.25%$14M82.6K
87DUKDUKE ENERGY CORP NEWhistory →COM NEW0.24%$13M145.1K
88PVHPVH CORPORATIONhistory →COM0.24%$13M140.2K
89AIGAMERICAN INTL GROUP INChistory →COM NEW0.24%$13M343.2K
90LVSLAS VEGAS SANDS CORPhistory →COM0.24%$13M217.7K
91EXPEEXPEDIA GROUP INChistory →COM NEW0.24%$13M97.2K
92DVNDEVON ENERGY CORP NEWhistory →COM0.24%$13M810.5K
93IBMINTERNATIONAL BUSINESS MACHShistory →COM0.23%$13M100.8K
94ARWARROW ELECTRS INChistory →COM0.23%$13M129.7K
95PGPROCTER AND GAMBLE COhistory →COM0.23%$13M90.2K
96MHKMOHAWK INDS INChistory →COM0.23%$13M88.9K
97DALDELTA AIR LINES INC DELhistory →COM NEW0.23%$13M310.9K
98DISCOVERY INCCOM SER C · COM SER A0.23%$12M458.3K
99BPBP PLChistory →SPONSORED ADR0.22%$12M593.9K
100KEYKEYCORPhistory →COM0.22%$12M739.0K

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 ↗.