SEC 13F Intelligence

Managers / Q4 2021 · view latest →

South Dakota Investment Council

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

Reported Value
$6.0B
Q4 2021
Positions
586
Filings on Record
29
Filed
Feb 8, 2022
original filing

Summary

South Dakota Investment Council reported $6.0B in U.S.-listed holdings across 586 positions for Q4 2021.

Its largest position, VWO, represents 13.6% of the portfolio.

Compared with Q3 2021, the fund opened 21 new positions and exited 21.

Portfolio Metrics

Turnover
+3.4%
vs prior filed quarter
Top-10 Concentration
+36.9%
share of reported value
Largest Position
+13.6%
Vanguard Intl Equity Index F
New / Exited
21 / 21
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
Q1 ’19: $4.7BQ1 ’19Q2 ’19: $4.8BQ3 ’19: $5.1BQ4 ’19: $4.8BQ1 ’20: $3.7BQ1 ’20Q2 ’20: $4.3BQ3 ’20: $4.6BQ4 ’20: $5.4BQ1 ’21: $6.0BQ1 ’21Q2 ’21: $5.7BQ3 ’21: $5.6BQ4 ’21: $6.0BQ1 ’22: $5.0BQ1 ’22Q2 ’22: $4.4BQ3 ’22: $4.1BQ4 ’22: $4.5BQ1 ’23: $4.7BQ1 ’23Q2 ’23: $4.8BQ3 ’23: $4.4BQ4 ’23: $4.7BQ1 ’24: $4.8BQ1 ’24Q2 ’24: $4.9BQ3 ’24: $5.1BQ4 ’24: $5.0BQ1 ’25: $4.9BQ1 ’25Q2 ’25: $5.2BQ3 ’25: $5.1BQ4 ’25: $5.3BQ1 ’26: $5.2BQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 81.4%ETP: 13.6%REIT: 3.6%ADR: 0.9%Other: 0.6%
  • Common Stock · 81.4% · $4.9B
  • ETP · 13.6% · $811M
  • REIT · 3.6% · $213M
  • ADR · 0.9% · $54M
  • Other · 0.6% · $35M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CTRACOTERRA ENERGY INCNEW+341.8K341.8K+$6M$6M
BCOBRINKS CONEW+52.5K52.5K+$3M$3M
CAHCARDINAL HEALTH INCNEW+59.6K59.6K+$3M$3M
PLDPROLOGIS INC.NEW+16.1K16.1K+$3M$3M
STAGSTAG INDL INCNEW+47.0K47.0K+$2M$2M
SNCYSUN COUNTRY AIRLINES HLDGSNEW+69.4K69.4K+$2M$2M
MSAMSA SAFETY INCNEW+8.2K8.2K+$1M$1M
ABMABM INDS INCNEW+29.6K29.6K+$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 2021

498 positions (from 500 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VWOVANGUARD INTL EQUITY INDEX Fhistory →FTSE EMR MKT ETF13.55%$811M16.40M
2MSFTMICROSOFT CORPhistory →COM4.56%$273M811.2K
3AAPLAPPLE INChistory →COM4.16%$249M1.40M
4GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.61%$216M74.5K
5VTOLBRISTOW GROUP INChistory →COM3.36%$201M6.35M
6AMZNAMAZON COM INChistory →COM2.06%$123M37.0K
7BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A1.71%$102M327.8K
8METAMETA PLATFORMS INChistory →CL A1.58%$95M281.5K
9WFCWELLS FARGO CO NEWhistory →COM1.27%$76M1.58M
10PFEPFIZER INChistory →COM1.01%$60M1.02M
11VVISA INChistory →COM CL A0.95%$57M262.6K
12UNHUNITEDHEALTH GROUP INChistory →COM0.91%$55M108.7K
13MAMASTERCARD INCORPORATEDhistory →CL A0.77%$46M127.7K
14HUMHUMANA INChistory →COM0.75%$45M97.1K
15JPMJPMORGAN CHASE & COhistory →COM0.74%$44M278.0K
16ELVANTHEM INChistory →COM0.71%$43M91.7K
17COPCONOCOPHILLIPShistory →COM0.70%$42M580.7K
18CNCCENTENE CORP DELhistory →COM0.69%$41M502.8K
19CMCSACOMCAST CORP NEWhistory →CL A0.69%$41M821.3K
20MRKMERCK & CO INChistory →COM0.67%$40M521.8K
21AMGNAMGEN INChistory →COM0.65%$39M174.1K
22AMATAPPLIED MATLS INChistory →COM0.63%$38M241.0K
23WMTWALMART INChistory →COM0.62%$37M254.4K
24EXMOCEXXON MOBIL CORPhistory →COM0.59%$35M577.1K
25MDTMEDTRONIC PLChistory →SHS0.58%$35M336.5K
26LLYLILLY ELI & COhistory →COM0.58%$34M124.8K
27BNYBANK NEW YORK MELLON CORPhistory →COM0.57%$34M592.0K
28CCITIGROUP INChistory →COM NEW0.51%$31M509.5K
29BMYBRISTOL-MYERS SQUIBB COhistory →COM0.50%$30M480.9K
30KLACKLA CORPhistory →COM NEW0.50%$30M69.5K
31RGAREINSURANCE GRP OF AMERICA Ihistory →COM NEW0.50%$30M272.4K
32LYBLYONDELLBASELL INDUSTRIES Nhistory →SHS - A -0.49%$30M320.7K
33SLBSCHLUMBERGER LTDhistory →COM STK0.49%$30M986.1K
34MUMICRON TECHNOLOGY INChistory →COM0.49%$29M314.0K
35HSTHOST HOTELS & RESORTS INChistory →COM0.49%$29M1.68M
36DISDISNEY WALT COhistory →COM0.48%$29M185.5K
37FDXFEDEX CORPhistory →COM0.47%$28M109.0K
38HESHESS CORPhistory →COM0.47%$28M377.9K
39CPRICAPRI HOLDINGS LIMITEDhistory →SHS0.46%$28M427.9K
40MTBM & T BK CORPhistory →COM0.46%$28M180.3K
41VRTXVERTEX PHARMACEUTICALS INChistory →COM0.46%$27M124.3K
42HALHALLIBURTON COhistory →COM0.44%$27M1.16M
43BDXBECTON DICKINSON & COhistory →COM0.44%$26M103.8K
44PCARPACCAR INChistory →COM0.44%$26M295.5K
45GDGENERAL DYNAMICS CORPhistory →COM0.43%$26M122.5K
46INTCINTEL CORPhistory →COM0.41%$25M476.4K
47EOGEOG RES INChistory →COM0.41%$24M274.6K
48DLTRDOLLAR TREE INChistory →COM0.40%$24M170.6K
49PMPHILIP MORRIS INTL INChistory →COM0.39%$23M246.7K
50GILDGILEAD SCIENCES INChistory →COM0.38%$23M314.9K
51EMNEASTMAN CHEM COhistory →COM0.38%$23M188.6K
52TPRTAPESTRY INChistory →COM0.38%$23M556.9K
53FOXAFOX CORPhistory →CL A COM0.38%$23M610.0K
54VZVERIZON COMMUNICATIONS INChistory →COM0.36%$21M412.5K
55HANESBRANDS INCCOM0.36%$21M1.28M
56MDLZMONDELEZ INTL INChistory →CL A0.36%$21M321.1K
57RTXRAYTHEON TECHNOLOGIES CORPhistory →COM0.36%$21M247.0K
58NVDANVIDIA CORPORATIONhistory →COM0.35%$21M70.8K
59TFCTRUIST FINL CORPhistory →COM0.35%$21M354.1K
60USBUS BANCORP DELhistory →COM NEW0.34%$20M362.5K
61TOLTOLL BROTHERS INChistory →COM0.33%$20M276.6K
62ROYAL DUTCH SHELL PLCSPON ADR B0.33%$20M453.3K
63LVSLAS VEGAS SANDS CORPhistory →COM0.32%$19M515.2K
64WHRWHIRLPOOL CORPhistory →COM0.32%$19M80.6K
65TE CONNECTIVITY LTDSHS0.32%$19M116.8K
66PRUPRUDENTIAL FINL INChistory →COM0.31%$19M171.8K
67STTSTATE STR CORPhistory →COM0.31%$18M198.5K
68LMTLOCKHEED MARTIN CORPhistory →COM0.31%$18M51.8K
69ENERPLUS CORPCOM0.31%$18M1.74M
70INCYINCYTE CORPhistory →COM0.30%$18M247.5K
71MGPMGM GROWTH PPTYS LLChistory →CL A COM0.30%$18M444.4K
72DVNDEVON ENERGY CORP NEWhistory →COM0.30%$18M409.3K
73ALKALASKA AIR GROUP INChistory →COM0.29%$18M338.6K
74ZBHZIMMER BIOMET HOLDINGS INChistory →COM0.29%$17M137.3K
75VTRSVIATRIS INChistory →COM0.29%$17M1.29M
76AIGAMERICAN INTL GROUP INChistory →COM NEW0.28%$17M297.7K
77ORCLORACLE CORPhistory →COM0.28%$17M193.3K
78DALDELTA AIR LINES INC DELhistory →COM NEW0.28%$17M424.0K
79OXYOCCIDENTAL PETE CORPhistory →COM0.27%$16M566.0K
80LENLENNAR CORPhistory →CL A0.27%$16M141.1K
81STLDSTEEL DYNAMICS INChistory →COM0.27%$16M261.8K
82BKNGBOOKING HOLDINGS INChistory →COM0.26%$16M6.5K
83PVHPVH CORPORATIONhistory →COM0.26%$15M143.8K
84UTHRUNITED THERAPEUTICS CORP DELhistory →COM0.25%$15M70.5K
85NOCNORTHROP GRUMMAN CORPhistory →COM0.25%$15M38.7K
86WDCWESTERN DIGITAL CORP.history →COM0.25%$15M229.4K
87TXNTEXAS INSTRS INChistory →COM0.25%$15M78.2K
88UNPUNION PAC CORPhistory →COM0.24%$15M57.9K
89EXCEXELON CORPhistory →COM0.24%$15M252.2K
90DISCOVERY INCCOM SER C0.24%$14M623.1K
91FMCFMC CORPhistory →COM NEW0.24%$14M129.4K
92RNRRENAISSANCERE HLDGS LTDhistory →COM0.24%$14M83.9K
93CRGYCRESCENT PT ENERGY CORPhistory →COM0.24%$14M2.66M
94PYPLPAYPAL HLDGS INChistory →COM0.23%$14M73.2K
95JNJJOHNSON & JOHNSONhistory →COM0.23%$14M80.6K
96CLFCLEVELAND-CLIFFS INC NEWhistory →COM0.23%$14M631.0K
97CVXCHEVRON CORP NEWhistory →COM0.23%$14M116.0K
98KOCOCA COLA COhistory →COM0.23%$14M229.1K
99TAT&T INChistory →COM0.22%$13M546.4K
100PGPROCTER AND GAMBLE COhistory →COM0.22%$13M81.0K

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 ↗

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 ↗.