SEC 13F Intelligence

Managers / Q2 2021 · view latest →

South Dakota Investment Council

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

Reported Value
$5.7B
Q2 2021
Positions
577
Filings on Record
31
2019–present window
Filed
Aug 11, 2021
original filing

Summary

South Dakota Investment Council reported $5.7B in U.S.-listed holdings across 577 positions for Q2 2021.

Its largest position, VWO, represents 15.4% of the portfolio.

Compared with Q1 2021, the fund opened 32 new positions and exited 69.

Portfolio Metrics

Turnover
+5.2%
vs prior filed quarter
Top-10 Concentration
+36.7%
share of reported value
Largest Position
+15.4%
Vanguard Intl Equity Index F
New / Exited
32 / 69
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: 78.7%ETP: 15.7%REIT: 4.0%ADR: 1.0%Other: 0.7%
  • Common Stock · 78.7% · $4.5B
  • ETP · 15.7% · $889M
  • REIT · 4.0% · $226M
  • ADR · 1.0% · $56M
  • Other · 0.7% · $38M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VEAVANGUARD TAX-MANAGED INTL FDNEW+294.0K294.0K+$15M$15M
FYBRFRONTIER COMMUNICATIONS PARENEW+308.9K308.9K+$8M$8M
VALVALARIS LIMITEDNEW+136.5K136.5K+$4M$4M
MATXMATSON INCNEW+52.5K52.5K+$3M$3M
PTCPTC INCNEW+21.2K21.2K+$3M$3M
COLLCOLLEGIUM PHARMACEUTICAL INCNEW+106.2K106.2K+$3M$3M
DFINDONNELLEY FINL SOLUTIONS INCNEW+76.0K76.0K+$3M$3M
UNITED STATES STL CORP NEWNEW+102.5K102.5K+$2M$2M

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

Holdings — Q2 2021

498 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VWOVANGUARD INTL EQUITY INDEX Fhistory →FTSE EMR MKT ETF15.40%$874M16.09M
2MSFTMICROSOFT CORPhistory →COM3.99%$226M835.7K
3AAPLAPPLE INChistory →COM3.46%$196M1.43M
4GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.24%$184M74.3K
5VTOLBRISTOW GROUP INChistory →COM2.95%$168M6.54M
6WFCWELLS FARGO CO NEWhistory →COM1.87%$106M2.34M
7METAFACEBOOK INChistory →CL A1.72%$98M281.5K
8BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A1.66%$94M325.8K
9AMZNAMAZON COM INChistory →COM1.47%$83M24.2K
10VVISA INChistory →COM CL A0.90%$51M218.6K
11EXMOCEXXON MOBIL CORPhistory →COM0.82%$47M739.0K
12UNHUNITEDHEALTH GROUP INChistory →COM0.81%$46M115.4K
13JPMJPMORGAN CHASE & COhistory →COM0.81%$46M295.4K
14PFEPFIZER INChistory →COM0.76%$43M1.10M
15HUMHUMANA INChistory →COM0.76%$43M97.1K
16CMCSACOMCAST CORP NEWhistory →CL A0.74%$42M734.4K
17MDTMEDTRONIC PLChistory →SHS0.72%$41M328.5K
18COPCONOCOPHILLIPShistory →COM0.70%$40M653.7K
19AMATAPPLIED MATLS INChistory →COM0.66%$37M263.3K
20CNCCENTENE CORP DELhistory →COM0.65%$37M502.8K
21ELVANTHEM INChistory →COM0.64%$36M95.3K
22WMTWALMART INChistory →COM0.63%$36M254.4K
23MRKMERCK & CO INChistory →COM0.62%$35M455.2K
24LLYLILLY ELI & COhistory →COM0.61%$35M152.0K
25BNYBANK NEW YORK MELLON CORPhistory →COM0.59%$33M653.6K
26SLBSCHLUMBERGER LTDhistory →COM STK0.58%$33M1.03M
27LYBLYONDELLBASELL INDUSTRIES Nhistory →SHS - A -0.58%$33M318.4K
28DISDISNEY WALT COhistory →COM0.56%$32M181.1K
29HSTHOST HOTELS & RESORTS INChistory →COM0.53%$30M1.77M
30CCITIGROUP INChistory →COM NEW0.52%$30M419.8K
31BMYBRISTOL-MYERS SQUIBB COhistory →COM0.51%$29M431.4K
32CPRICAPRI HOLDINGS LIMITEDhistory →SHS0.50%$29M499.6K
33HALHALLIBURTON COhistory →COM0.49%$28M1.20M
34AMGNAMGEN INChistory →COM0.48%$27M111.3K
35INTCINTEL CORPhistory →COM0.47%$27M476.4K
36TPRTAPESTRY INChistory →COM0.45%$26M591.8K
37HESHESS CORPhistory →COM0.45%$26M293.1K
38BDXBECTON DICKINSON & COhistory →COM0.44%$25M103.8K
39CORESITE RLTY CORPCOM0.44%$25M186.8K
40EOGEOG RES INChistory →COM0.44%$25M299.1K
41USBUS BANCORP DELhistory →COM NEW0.44%$25M436.0K
42RGAREINSURANCE GRP OF AMERICA Ihistory →COM NEW0.44%$25M217.1K
43PMPHILIP MORRIS INTL INChistory →COM0.43%$25M249.0K
44TFCTRUIST FINL CORPhistory →COM0.43%$24M439.1K
45EMNEASTMAN CHEM COhistory →COM0.42%$24M202.2K
46DVNDEVON ENERGY CORP NEWhistory →COM0.41%$23M797.0K
47FDXFEDEX CORPhistory →COM0.41%$23M77.8K
48ORCLORACLE CORPhistory →COM0.41%$23M297.7K
49VZVERIZON COMMUNICATIONS INChistory →COM0.41%$23M412.5K
50GILDGILEAD SCIENCES INChistory →COM0.41%$23M335.3K
51MUMICRON TECHNOLOGY INChistory →COM0.41%$23M271.4K
52GDGENERAL DYNAMICS CORPhistory →COM0.41%$23M122.5K
53KLACKLA CORPhistory →COM NEW0.40%$23M69.5K
54TOLTOLL BROTHERS INChistory →COM0.40%$22M388.1K
55FOXAFOX CORPhistory →CL A COM0.39%$22M603.3K
56LENLENNAR CORPhistory →CL A0.39%$22M220.9K
57PYPLPAYPAL HLDGS INChistory →COM0.38%$21M73.2K
58RTXRAYTHEON TECHNOLOGIES CORPhistory →COM0.37%$21M247.0K
59ROYAL DUTCH SHELL PLCSPON ADR B0.35%$20M518.4K
60MDLZMONDELEZ INTL INChistory →CL A0.35%$20M321.1K
61VTRSVIATRIS INChistory →COM0.32%$18M1.27M
62LVSLAS VEGAS SANDS CORPhistory →COM0.32%$18M341.6K
63OXYOCCIDENTAL PETE CORPhistory →COM0.32%$18M573.5K
64HANESBRANDS INCCOM0.32%$18M960.0K
65BKNGBOOKING HOLDINGS INChistory →COM0.31%$18M8.1K
66PRUPRUDENTIAL FINL INChistory →COM0.31%$18M171.8K
67DISCOVERY INCCOM SER C0.31%$18M607.4K
68WHRWHIRLPOOL CORPhistory →COM0.31%$18M80.6K
69DLTRDOLLAR TREE INChistory →COM0.30%$17M170.8K
70STLDSTEEL DYNAMICS INChistory →COM0.30%$17M282.0K
71CIMAREX ENERGY COCOM0.29%$17M229.5K
72KIMKIMCO RLTY CORPhistory →COM0.29%$17M793.9K
73STTSTATE STR CORPhistory →COM0.29%$16M198.5K
74WDCWESTERN DIGITAL CORP.history →COM0.29%$16M229.4K
75ALKALASKA AIR GROUP INChistory →COM0.29%$16M268.6K
76NOCNORTHROP GRUMMAN CORPhistory →COM0.28%$16M44.0K
77LMTLOCKHEED MARTIN CORPhistory →COM0.28%$16M42.2K
78TAT&T INChistory →COM0.28%$16M546.4K
79TE CONNECTIVITY LTDREG SHS0.27%$16M115.0K
80CVXCHEVRON CORP NEWhistory →COM0.27%$16M148.1K
81ENERPLUS CORPCOM0.27%$15M2.13M
82PVHPVH CORPORATIONhistory →COM0.27%$15M142.2K
83MAMASTERCARD INCORPORATEDhistory →CL A0.27%$15M41.8K
84VEAVANGUARD TAX-MANAGED INTL FDhistory →FTSE DEV MKT ETF0.27%$15M294.0K
85TXNTEXAS INSTRS INChistory →COM0.27%$15M78.2K
86CLFCLEVELAND-CLIFFS INC NEWhistory →COM0.26%$15M695.9K
87AIGAMERICAN INTL GROUP INChistory →COM NEW0.25%$14M297.7K
88NVDANVIDIA CORPORATIONhistory →COM0.25%$14M17.7K
89GSGOLDMAN SACHS GROUP INChistory →COM0.24%$14M36.3K
90IBMINTERNATIONAL BUSINESS MACHShistory →COM0.24%$14M92.2K
91METMETLIFE INChistory →COM0.23%$13M222.7K
92JNJJOHNSON & JOHNSONhistory →COM0.23%$13M80.6K
93PSXPHILLIPS 66history →COM0.23%$13M154.0K
94CRGYCRESCENT PT ENERGY CORPhistory →COM0.23%$13M2.92M
95VRTXVERTEX PHARMACEUTICALS INChistory →COM0.23%$13M65.4K
96UNPUNION PAC CORPhistory →COM0.23%$13M59.6K
97UTHRUNITED THERAPEUTICS CORP DELhistory →COM0.23%$13M73.0K
98CXCEMEX SAB DE CVhistory →SPON ADR NEW0.23%$13M1.54M
99KOCOCA COLA COhistory →COM0.22%$13M233.4K
100BPBP PLChistory →SPONSORED ADR0.22%$12M471.9K

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 ↗.