SEC 13F Intelligence

Managers / Q4 2024 · view latest →

South Dakota Investment Council

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

Reported Value
$5.0B
Q4 2024
Positions
594
Filings on Record
31
2019–present window
Filed
Feb 4, 2025
original filing

Summary

South Dakota Investment Council reported $5.0B in U.S.-listed holdings across 594 positions for Q4 2024.

Its largest position, VWO, represents 12.3% of the portfolio.

Compared with Q3 2024, the fund opened 23 new positions and exited 18.

Portfolio Metrics

Turnover
+5.6%
vs prior filed quarter
Top-10 Concentration
+40.3%
share of reported value
Largest Position
+12.3%
Vanguard Intl Equity Index F
New / Exited
23 / 18
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: 81.5%ETP: 18.0%ADR: 0.5%Other: 0.0%REIT: 0.0%Equity WRT: 0.0%
  • Common Stock · 81.5% · $4.1B
  • ETP · 18.0% · $903M
  • ADR · 0.5% · $25M
  • Other · 0.0% · $2M
  • REIT · 0.0% · $271,000
  • Equity WRT · 0.0% · $8,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
APTVAPTIV PLCNEW+129.0K129.0K+$8M$8M
IQVIQVIA HLDGS INCNEW+12.5K12.5K+$2M$2M
USFDUS FOODS HLDG CORPNEW+29.7K29.7K+$2M$2M
SUSUNCOR ENERGY INC NEWNEW+56.0K56.0K+$2M$2M
ICEINTERCONTINENTAL EXCHANGE INNEW+10.6K10.6K+$2M$2M
CONCONCENTRA GRP HO PARENT INCNEW+79.4K79.4K+$2M$2M
RMBSRAMBUS INC DELNEW+27.6K27.6K+$1M$1M
SMPLSIMPLY GOOD FOODS CONEW+30.6K30.6K+$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 2024

497 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VWOVANGUARD INTL EQUITY INDEX FFTSE EMR MKT ETF · TT WRLD ST ETF12.33%$618M14.02M
2AGGISHARES TRhistory →CORE US AGGBD ET5.67%$284M2.94M
3MSFTMICROSOFT CORPhistory →COM4.32%$217M514.2K
4AAPLAPPLE INChistory →COM4.30%$216M861.8K
5GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.22%$161M850.4K
6NVDANVIDIA CORPORATIONhistory →COM2.66%$134M994.5K
7AMZNAMAZON COM INChistory →COM2.64%$132M603.9K
8VTOLBRISTOW GROUP INChistory →COM2.48%$124M3.62M
9METAMETA PLATFORMS INChistory →CL A1.47%$74M126.3K
10BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW · CL A1.21%$61M121.5K
11LLYELI LILLY & COhistory →COM0.98%$49M63.5K
12HUMHUMANA INChistory →COM0.78%$39M153.3K
13VVISA INChistory →COM CL A0.74%$37M117.4K
14PFEPFIZER INChistory →COM0.71%$36M1.35M
15EXMOCEXXON MOBIL CORPhistory →COM0.71%$36M332.2K
16EGEVEREST GROUP LTDhistory →COM0.67%$33M92.3K
17JNJJOHNSON & JOHNSONhistory →COM0.66%$33M229.6K
18UNHUNITEDHEALTH GROUP INChistory →COM0.66%$33M65.2K
19MAMASTERCARD INCORPORATEDhistory →CL A0.63%$32M60.2K
20COPCONOCOPHILLIPShistory →COM0.62%$31M315.1K
21PYPLPAYPAL HLDGS INChistory →COM0.62%$31M363.4K
22USBUS BANCORP DELhistory →COM NEW0.61%$31M641.4K
23CSCOCISCO SYS INChistory →COM0.59%$30M501.2K
24RGAREINSURANCE GRP OF AMERICA Ihistory →COM NEW0.59%$30M138.7K
25HESHESS CORPhistory →COM0.58%$29M218.3K
26WFCWELLS FARGO CO NEWhistory →COM0.57%$29M405.9K
27CMCSACOMCAST CORP NEWhistory →CL A0.55%$27M729.2K
28CCITIGROUP INChistory →COM NEW0.53%$27M378.3K
29DISDISNEY WALT COhistory →COM0.53%$27M239.0K
30AVGOBROADCOM INChistory →COM0.53%$26M113.9K
31JPMJPMORGAN CHASE & CO.history →COM0.52%$26M108.9K
32BMYBRISTOL-MYERS SQUIBB COhistory →COM0.48%$24M427.5K
33ALKALASKA AIR GROUP INChistory →COM0.47%$24M365.8K
34TPRTAPESTRY INChistory →COM0.45%$23M347.1K
35TGTTARGET CORPhistory →COM0.45%$23M166.9K
36TSLATESLA INChistory →COM0.45%$22M55.6K
37RNRRENAISSANCERE HLDGS LTDhistory →COM0.44%$22M89.1K
38GPNGLOBAL PMTS INChistory →COM0.44%$22M195.2K
39OXYOCCIDENTAL PETE CORPhistory →COM0.43%$22M435.9K
40MRKMERCK & CO INChistory →COM0.42%$21M212.5K
41DGDOLLAR GEN CORP NEWhistory →COM0.42%$21M276.7K
42EOGEOG RES INChistory →COM0.41%$21M167.6K
43JBLJABIL INChistory →COM0.40%$20M140.8K
44GILDGILEAD SCIENCES INChistory →COM0.40%$20M217.2K
45MDTMEDTRONIC PLChistory →SHS0.40%$20M250.8K
46MR COOPER GROUP INCCOM0.39%$20M203.8K
47SLBSCHLUMBERGER LTDhistory →COM STK0.39%$19M504.0K
48AMATAPPLIED MATLS INChistory →COM0.39%$19M118.7K
49CNCCENTENE CORP DELhistory →COM0.38%$19M314.4K
50AMDADVANCED MICRO DEVICES INChistory →COM0.37%$18M152.5K
51DEDEERE & COhistory →COM0.36%$18M43.0K
52UNMUNUM GROUPhistory →COM0.36%$18M245.8K
53APAAPA CORPORATIONhistory →COM0.36%$18M774.2K
54HALHALLIBURTON COhistory →COM0.35%$18M651.9K
55EWEDWARDS LIFESCIENCES CORPhistory →COM0.35%$18M238.0K
56SOLVSOLVENTUM CORPhistory →COM SHS0.35%$18M266.6K
57ACGLARCH CAP GROUP LTDhistory →ORD0.34%$17M186.7K
58LYBLYONDELLBASELL INDUSTRIES Nhistory →SHS - A -0.34%$17M228.9K
59BBWIBATH & BODY WORKS INChistory →COM0.33%$17M429.5K
60LKQLKQ CORPhistory →COM0.33%$16M446.2K
61CHTRCHARTER COMMUNICATIONS INC Nhistory →CL A0.33%$16M47.7K
62TXNTEXAS INSTRS INChistory →COM0.33%$16M87.0K
63WMTWALMART INChistory →COM0.31%$16M173.9K
64FANGDIAMONDBACK ENERGY INChistory →COM0.31%$16M95.0K
65FHNFIRST HORIZON CORPORATIONhistory →COM0.30%$15M757.9K
66UPSUNITED PARCEL SERVICE INChistory →CL B0.30%$15M117.8K
67FOXAFOX CORPhistory →CL A COM0.29%$15M304.3K
68MTDRMATADOR RES COhistory →COM0.29%$15M261.9K
69FDXFEDEX CORPhistory →COM0.29%$15M52.4K
70DUKDUKE ENERGY CORP NEWhistory →COM NEW0.29%$15M135.6K
71EWBCEAST WEST BANCORP INChistory →COM0.29%$14M149.5K
72PMPHILIP MORRIS INTL INChistory →COM0.28%$14M115.6K
73VZVERIZON COMMUNICATIONS INChistory →COM0.27%$14M342.8K
74FISFIDELITY NATL INFORMATION SVhistory →COM0.27%$13M166.9K
75CHRDCHORD ENERGY CORPORATIONhistory →COM NEW0.27%$13M115.3K
76SHELSHELL PLChistory →SPON ADS0.26%$13M211.8K
77TFCTRUIST FINL CORPhistory →COM0.26%$13M297.0K
78GPIGROUP 1 AUTOMOTIVE INChistory →COM0.26%$13M30.4K
79WHRWHIRLPOOL CORPhistory →COM0.25%$13M110.5K
80TELTE CONNECTIVITY PLChistory →ORD SHS0.25%$13M88.2K
81MRNAMODERNA INChistory →COM0.25%$12M299.4K
82ANAUTONATION INChistory →COM0.25%$12M73.1K
83STTSTATE STR CORPhistory →COM0.24%$12M121.2K
84INCYINCYTE CORPhistory →COM0.24%$12M170.7K
85MUMICRON TECHNOLOGY INChistory →COM0.23%$12M139.6K
86AIGAMERICAN INTL GROUP INChistory →COM NEW0.23%$12M160.8K
87CSXCSX CORPhistory →COM0.23%$12M359.6K
88GDGENERAL DYNAMICS CORPhistory →COM0.23%$12M43.7K
89VRTXVERTEX PHARMACEUTICALS INChistory →COM0.23%$11M28.4K
90MOALTRIA GROUP INChistory →COM0.22%$11M214.5K
91RTXRTX CORPORATIONhistory →COM0.22%$11M96.6K
92SWKSTANLEY BLACK & DECKER INChistory →COM0.22%$11M138.3K
93LRCXLAM RESEARCH CORPhistory →COM NEW0.22%$11M153.3K
94PVHPVH CORPORATIONhistory →COM0.22%$11M104.3K
95BNYBANK NEW YORK MELLON CORPhistory →COM0.22%$11M143.0K
96CPRICAPRI HOLDINGS LIMITEDhistory →SHS0.22%$11M514.6K
97ADBEADOBE INChistory →COM0.21%$11M24.1K
98CVSCVS HEALTH CORPhistory →COM0.21%$11M237.4K
99MCHPMICROCHIP TECHNOLOGY INC.history →COM0.21%$11M185.7K
100ORCLORACLE CORPhistory →COM0.21%$11M63.1K

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 ↗.