SEC 13F Intelligence

Managers / Q2 2022 · view latest →

South Dakota Investment Council

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

Reported Value
$4.4B
Q2 2022
Positions
610
Filings on Record
31
2019–present window
Filed
Aug 11, 2022
original filing

Summary

South Dakota Investment Council reported $4.4B in U.S.-listed holdings across 610 positions for Q2 2022.

Its largest position, VWO, represents 14.6% of the portfolio.

Compared with Q1 2022, the fund opened 65 new positions and exited 46.

Portfolio Metrics

Turnover
+5.1%
vs prior filed quarter
Top-10 Concentration
+38.0%
share of reported value
Largest Position
+14.6%
Vanguard Intl Equity Index F
New / Exited
65 / 46
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: 74.8%ETP: 20.0%REIT: 3.8%ADR: 0.8%Other: 0.6%
  • Common Stock · 74.8% · $3.3B
  • ETP · 20.0% · $884M
  • REIT · 3.8% · $167M
  • ADR · 0.8% · $33M
  • Other · 0.6% · $26M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VTVANGUARD INTL EQUITY INDEX FNEW+145.0K145.0K+$12M$12M
GNRCGENERAC HLDGS INCNEW+41.7K41.7K+$9M$9M
WBDWARNER BROS DISCOVERY INCNEW+565.0K565.0K+$8M$8M
AMRALPHA METALLURGICAL RESOUR INEW+39.6K39.6K+$5M$5M
SPIRIT AIRLS INCNEW+151.2K151.2K+$4M$4M
LINDE PLCNEW+11.9K11.9K+$3M$3M
RAMACO RES INCNEW+191.3K191.3K+$3M$3M
MTDRMATADOR RES CONEW+52.5K52.5K+$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 2022

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF · TT WRLD ST ETF14.64%$646M15.35M
2AGGISHARES TRhistory →CORE US AGGBD ET5.41%$238M2.34M
3MSFTMICROSOFT CORPhistory →COM3.78%$167M648.8K
4AAPLAPPLE INChistory →COM3.24%$143M1.05M
5VTOLBRISTOW GROUP INChistory →COM3.23%$143M6.09M
6GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.93%$129M59.1K
7AMZNAMAZON COM INChistory →COM1.63%$72M677.8K
8BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A1.16%$51M175.9K
9METAMETA PLATFORMS INChistory →CL A1.03%$45M281.1K
10PFEPFIZER INChistory →COM0.97%$43M812.0K
11UNHUNITEDHEALTH GROUP INChistory →COM0.91%$40M78.3K
12WFCWELLS FARGO CO NEWhistory →COM0.89%$39M1.00M
13MRKMERCK & CO INChistory →COM0.85%$38M413.4K
14VVISA INChistory →COM CL A0.85%$38M190.7K
15HUMHUMANA INChistory →COM0.81%$36M76.3K
16PYPLPAYPAL HLDGS INChistory →COM0.74%$33M465.9K
17MAMASTERCARD INCORPORATEDhistory →CL A0.71%$31M99.6K
18JPMJPMORGAN CHASE & COhistory →COM0.67%$30M263.9K
19CNCCENTENE CORP DELhistory →COM0.66%$29M343.2K
20COPCONOCOPHILLIPShistory →COM0.66%$29M322.6K
21HESHESS CORPhistory →COM0.65%$29M272.2K
22AMGNAMGEN INChistory →COM0.64%$28M115.4K
23EXMOCEXXON MOBIL CORPhistory →COM0.62%$27M317.5K
24RGAREINSURANCE GRP OF AMERICA Ihistory →COM NEW0.60%$27M226.0K
25CMCSACOMCAST CORP NEWhistory →CL A0.58%$26M656.5K
26CCITIGROUP INChistory →COM NEW0.57%$25M543.6K
27WMTWALMART INChistory →COM0.56%$25M203.1K
28LLYLILLY ELI & COhistory →COM0.55%$24M75.2K
29DISDISNEY WALT COhistory →COM0.54%$24M250.5K
30MDTMEDTRONIC PLChistory →SHS0.54%$24M263.1K
31LENLENNAR CORPhistory →CL A0.52%$23M327.4K
32ELVELEVANCE HEALTH INChistory →COM0.52%$23M47.3K
33SLBSCHLUMBERGER LTDhistory →COM STK0.51%$22M627.2K
34VRTXVERTEX PHARMACEUTICALS INChistory →COM0.50%$22M77.5K
35JNJJOHNSON & JOHNSONhistory →COM0.46%$21M115.5K
36OXYOCCIDENTAL PETE CORPhistory →COM0.44%$19M329.2K
37TFCTRUIST FINL CORPhistory →COM0.43%$19M398.8K
38FDXFEDEX CORPhistory →COM0.43%$19M82.9K
39AMATAPPLIED MATLS INChistory →COM0.43%$19M206.1K
40LVSLAS VEGAS SANDS CORPhistory →COM0.42%$19M551.0K
41EOGEOG RES INChistory →COM0.41%$18M164.4K
42ADBEADOBE SYSTEMS INCORPORATEDhistory →COM0.39%$17M47.3K
43GDGENERAL DYNAMICS CORPhistory →COM0.38%$17M76.7K
44BNYBANK NEW YORK MELLON CORPhistory →COM0.38%$17M406.5K
45PMPHILIP MORRIS INTL INChistory →COM0.38%$17M171.2K
46BDXBECTON DICKINSON & COhistory →COM0.38%$17M68.4K
47PCARPACCAR INChistory →COM0.38%$17M204.7K
48NVDANVIDIA CORPORATIONhistory →COM0.38%$17M109.8K
49RTXRAYTHEON TECHNOLOGIES CORPhistory →COM0.36%$16M167.1K
50VZVERIZON COMMUNICATIONS INChistory →COM0.36%$16M315.2K
51GILDGILEAD SCIENCES INChistory →COM0.36%$16M256.0K
52BMYBRISTOL-MYERS SQUIBB COhistory →COM0.35%$16M202.3K
53SHELSHELL PLChistory →SPON ADS0.35%$15M294.9K
54LYBLYONDELLBASELL INDUSTRIES Nhistory →SHS - A -0.35%$15M174.2K
55INCYINCYTE CORPhistory →COM0.34%$15M198.1K
56MDLZMONDELEZ INTL INChistory →CL A0.34%$15M238.7K
57FOXAFOX CORPhistory →CL A COM0.34%$15M460.2K
58LMTLOCKHEED MARTIN CORPhistory →COM0.33%$14M33.3K
59PLDPROLOGIS INC.history →COM0.32%$14M121.1K
60TPRTAPESTRY INChistory →COM0.32%$14M465.1K
61INTCINTEL CORPhistory →COM0.32%$14M371.4K
62USBUS BANCORP DELhistory →COM NEW0.31%$14M299.4K
63MUMICRON TECHNOLOGY INChistory →COM0.31%$14M244.7K
64HALHALLIBURTON COhistory →COM0.30%$13M426.5K
65TE CONNECTIVITY LTDSHS0.30%$13M117.5K
66RNRRENAISSANCERE HLDGS LTDhistory →COM0.29%$13M82.3K
67KLACKLA CORPhistory →COM NEW0.29%$13M40.1K
68CPRICAPRI HOLDINGS LIMITEDhistory →SHS0.29%$13M311.9K
69STTSTATE STR CORPhistory →COM0.29%$13M204.4K
70WBAWALGREENS BOOTS ALLIANCE INChistory →COM0.28%$13M330.4K
71ALKALASKA AIR GROUP INChistory →COM0.28%$12M309.2K
72ZBHZIMMER BIOMET HOLDINGS INChistory →COM0.28%$12M117.5K
73HANESBRANDS INCCOM0.28%$12M1.19M
74WDCWESTERN DIGITAL CORP.history →COM0.28%$12M272.8K
75LAM RESEARCH CORPCOM0.27%$12M28.3K
76ACTIVISION BLIZZARD INCCOM0.27%$12M153.4K
77TOLTOLL BROTHERS INChistory →COM0.26%$11M254.1K
78VICIVICI PPTYS INChistory →COM0.26%$11M379.0K
79TRI POINTE HOMES INCCOM0.25%$11M657.7K
80DALDELTA AIR LINES INC DELhistory →COM NEW0.25%$11M374.3K
81HCCWARRIOR MET COAL INChistory →COM0.24%$11M352.5K
82CAHCARDINAL HEALTH INChistory →COM0.24%$11M205.0K
83MTBM & T BK CORPhistory →COM0.24%$11M66.3K
84WHRWHIRLPOOL CORPhistory →COM0.24%$10M67.6K
85LUVSOUTHWEST AIRLS COhistory →COM0.23%$10M286.7K
86CONTINENTAL RES INCCOM0.23%$10M158.1K
87AIGAMERICAN INTL GROUP INChistory →COM NEW0.23%$10M201.8K
88VTRSVIATRIS INChistory →COM0.23%$10M965.0K
89PRUPRUDENTIAL FINL INChistory →COM0.23%$10M105.1K
90PSXPHILLIPS 66COM0.22%$10M119.2K
91MRC GLOBAL INCCOM0.21%$9M938.3K
92PBPROSPERITY BANCSHARES INCCOM0.21%$9M134.7K
93DLRDIGITAL RLTY TR INCCOM0.21%$9M70.0K
94ARWARROW ELECTRS INCCOM0.20%$9M80.4K
95TAT&T INCCOM0.20%$9M425.3K
96BKNGBOOKING HOLDINGS INCCOM0.20%$9M5.1K
97GNRCGENERAC HLDGS INCCOM0.20%$9M41.7K
98TMHCTAYLOR MORRISON HOME CORPCOM0.20%$9M374.8K
99TXNTEXAS INSTRS INCCOM0.20%$9M56.9K
100DUKDUKE ENERGY CORP NEWCOM NEW0.20%$9M81.4K

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 ↗.