SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Treasurer of the State of North Carolina

CIK 0001761054 · 3200 ATLANTIC AVENUE, RALEIGH, NC, 27604 · 9198144330

Reported Value
$17.2B
Q2 2021
Positions
1,033
Filings on Record
35
2019–present window
Filed
Aug 13, 2021
original filing

Summary

Treasurer Of The State Of North Carolina reported $17.2B in U.S.-listed holdings across 1,033 positions for Q2 2021.

Its largest position, AAPL, represents 5.3% of the portfolio.

Compared with Q1 2021, the fund opened 55 new positions and exited 56.

Portfolio Metrics

Turnover
+2.2%
vs prior filed quarter
Top-10 Concentration
+25.6%
share of reported value
Largest Position
+5.3%
Apple
New / Exited
55 / 56
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: $41MQ1 ’19Q3 ’19: $11.1BQ4 ’19: $12.1BQ1 ’20: $11.3BQ2 ’20: $12.1BQ2 ’20Q3 ’20: $13.2BQ4 ’20: $15.0BQ1 ’21: $15.9BQ2 ’21: $17.2BQ2 ’21Q3 ’21: $17.3BQ4 ’21: $18.9BQ1 ’22: $18.1BQ2 ’22: $15.8BQ2 ’22Q3 ’22: $15.1BQ4 ’22: $16.4BQ1 ’23: $17.6BQ2 ’23: $19.1BQ2 ’23Q3 ’23: $18.5BQ4 ’23: $20.7BQ1 ’24: $22.8BQ2 ’24: $23.6BQ2 ’24Q3 ’24: $25.0BQ4 ’24: $25.7BQ1 ’25: $25.1BQ2 ’25: $31.2BQ2 ’25Q3 ’25: $32.5BQ4 ’25: $31.2BQ1 ’26: $31.8Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 95.4%REIT: 2.9%Other: 1.0%ETP: 0.7%Tracking Stk: 0.0%
  • Common Stock · 95.4% · $16.5B
  • REIT · 2.9% · $497M
  • Other · 1.0% · $172M
  • ETP · 0.7% · $112M
  • Tracking Stk · 0.0% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BXBLACKSTONE GROUP INCNEW+286.7K286.7K+$28M$28M
NXPINXP SEMICONDUCTORS N VNEW+116.0K116.0K+$24M$24M
MRVLMARVELL TECHNOLOGY INCNEW+281.1K281.1K+$16M$16M
PLTRPALANTIR TECHNOLOGIES INCNEW+565.6K565.6K+$15M$15M
SNOWSNOWFLAKE INCNEW+50.2K50.2K+$12M$12M
AMC ENTMT HLDGS INCNEW+145.2K145.2K+$8M$8M
GMEGAMESTOP CORP NEWNEW+38.1K38.1K+$8M$8M
CZRCAESARS ENTERTAINMENT INC NENEW+69.4K69.4K+$7M$7M

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 (from 500 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.27%$910M6.64M
2MSFTMICROSOFT CORPhistory →COM4.98%$860M3.17M
3AMZNAMAZON COM INChistory →COM3.70%$638M185.4K
4GOOGLALPHABET INCCAP STK CL A · CAP STK CL C3.53%$609M246.1K
5METAFACEBOOK INChistory →CL A2.08%$359M1.03M
6TSLATESLA INChistory →COM1.29%$222M326.7K
7BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.29%$222M798.4K
8NVDANVIDIA CORPORATIONhistory →COM1.17%$202M251.9K
9JPMJPMORGAN CHASE & COhistory →COM1.15%$198M1.27M
10JNJJOHNSON & JOHNSONhistory →COM1.10%$189M1.15M
11VVISA INChistory →COM CL A0.97%$167M712.9K
12UNHUNITEDHEALTH GROUP INChistory →COM0.95%$164M410.1K
13HDHOME DEPOT INChistory →COM0.84%$144M452.9K
14PYPLPAYPAL HLDGS INChistory →COM0.84%$144M494.9K
15PGPROCTER AND GAMBLE COhistory →COM0.83%$143M1.06M
16DISDISNEY WALT COhistory →COM0.81%$139M791.5K
17MAMASTERCARD INCORPORATEDhistory →CL A0.78%$135M368.5K
18BACBK OF AMERICA CORPhistory →COM0.76%$131M3.19M
19ADBEADOBE SYSTEMS INCORPORATEDhistory →COM0.68%$118M201.1K
20CMCSACOMCAST CORP NEWhistory →CL A0.66%$113M1.99M
21EXMOCEXXON MOBIL CORPhistory →COM0.65%$113M1.78M
22IVVISHARES TRCORE S&P500 ET · CORE S&P MCP E0.65%$112M334.6K
23VZVERIZON COMMUNICATIONS INChistory →COM0.59%$101M1.81M
24NFLXNETFLIX INChistory →COM0.58%$100M189.9K
25INTCINTEL CORPhistory →COM0.56%$96M1.72M
26PFEPFIZER INChistory →COM0.55%$95M2.44M
27CSCOCISCO SYS INChistory →COM0.55%$95M1.79M
28CRMSALESFORCE COM INChistory →COM0.53%$92M376.2K
29KOCOCA COLA COhistory →COM0.53%$92M1.69M
30TAT&T INChistory →COM0.52%$90M3.11M
31PEPPEPSICO INChistory →COM0.52%$89M602.2K
32ABTABBOTT LABShistory →COM0.51%$87M753.2K
33ABBVABBVIE INChistory →COM0.50%$87M769.7K
34TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.50%$86M171.3K
35CVXCHEVRON CORP NEWhistory →COM0.50%$86M821.4K
36LLYLILLY ELI & COhistory →COM0.50%$86M374.3K
37MRKMERCK & CO INChistory →COM0.50%$86M1.10M
38WMTWALMART INChistory →COM0.49%$85M604.1K
39NKENIKE INChistory →CL B0.48%$82M532.7K
40WFCWELLS FARGO CO NEWhistory →COM0.47%$82M1.80M
41AVGOBROADCOM INChistory →COM0.46%$80M168.1K
42ACNACCENTURE PLC IRELANDhistory →SHS CLASS A0.46%$79M267.8K
43COSTCOSTCO WHSL CORP NEWhistory →COM0.44%$76M192.7K
44MCDMCDONALDS CORPhistory →COM0.44%$75M325.5K
45TXNTEXAS INSTRS INChistory →COM0.43%$75M389.0K
46DHRDANAHER CORPORATIONhistory →COM0.43%$74M276.4K
47MDTMEDTRONIC PLChistory →SHS0.42%$73M585.3K
48QCOMQUALCOMM INChistory →COM0.40%$70M488.1K
49UPSUNITED PARCEL SERVICE INChistory →CL B0.38%$66M315.5K
50BMYBRISTOL-MYERS SQUIBB COhistory →COM0.38%$65M973.3K
51PMPHILIP MORRIS INTL INChistory →COM0.38%$65M655.8K
52HONHONEYWELL INTL INChistory →COM0.37%$64M292.6K
53NEENEXTERA ENERGY INChistory →COM0.36%$63M854.7K
54UNPUNION PAC CORPhistory →COM0.36%$62M280.9K
55CCITIGROUP INChistory →COM NEW0.36%$62M870.4K
56AMGNAMGEN INChistory →COM0.35%$61M250.5K
57ORCLORACLE CORPhistory →COM0.34%$59M758.8K
58LOWLOWES COS INChistory →COM0.34%$59M302.2K
59IBMINTERNATIONAL BUSINESS MACHShistory →COM0.33%$57M389.5K
60SBUXSTARBUCKS CORPhistory →COM0.32%$55M496.2K
61AMATAPPLIED MATLS INChistory →COM0.32%$55M385.5K
62RTXRAYTHEON TECHNOLOGIES CORPhistory →COM0.32%$54M638.1K
63BABOEING COhistory →COM0.31%$54M225.5K
64MSMORGAN STANLEYhistory →COM NEW0.31%$54M584.7K
65AMTAMERICAN TOWER CORP NEWhistory →COM0.31%$53M196.7K
66TGTTARGET CORPhistory →COM0.31%$53M219.5K
67GSGOLDMAN SACHS GROUP INChistory →COM0.31%$53M139.0K
68INTUINTUIThistory →COM0.31%$53M107.5K
69BLACKROCK INCCOM0.31%$53M60.2K
70CATCATERPILLAR INChistory →COM0.30%$52M238.8K
71GENERAL ELECTRIC COCOM0.30%$51M3.81M
72MMM3M COhistory →COM0.29%$50M252.1K
73SCHWSCHWAB CHARLES CORPhistory →COM0.29%$50M682.9K
74AMDADVANCED MICRO DEVICES INChistory →COM0.28%$49M521.7K
75CVSCVS HEALTH CORPhistory →COM0.28%$48M573.7K
76AXPAMERICAN EXPRESS COhistory →COM0.27%$46M276.9K
77ISRGINTUITIVE SURGICAL INChistory →COM NEW0.27%$46M49.7K
78NOWSERVICENOW INChistory →COM0.26%$46M83.0K
79ZMZOOM VIDEO COMMUNICATIONS INhistory →CL A0.26%$45M115.3K
80MRNAMODERNA INChistory →COM0.25%$43M183.9K
81DEDEERE & COhistory →COM0.25%$43M121.7K
82GILDGILEAD SCIENCES INChistory →COM0.24%$42M612.9K
83SPGIS&P GLOBAL INChistory →COM0.24%$42M101.4K
84CHTRCHARTER COMMUNICATIONS INC Nhistory →CL A0.24%$41M57.2K
85ELVANTHEM INChistory →COM0.24%$41M106.7K
86MUMICRON TECHNOLOGY INChistory →COM0.23%$40M471.8K
87XYZSQUARE INChistory →CL A0.23%$40M164.4K
88LMTLOCKHEED MARTIN CORPhistory →COM0.23%$39M104.3K
89BKNGBOOKING HOLDINGS INChistory →COM0.23%$39M17.9K
90LAM RESEARCH CORPCOM0.23%$39M60.0K
91SYKSTRYKER CORPORATIONhistory →COM0.22%$38M146.8K
92MDLZMONDELEZ INTL INChistory →CL A0.22%$38M607.8K
93ZTSZOETIS INChistory →CL A0.22%$38M202.8K
94MOALTRIA GROUP INChistory →COM0.22%$37M779.7K
95PLDPROLOGIS INC.history →COM0.22%$37M310.4K
96FISFIDELITY NATL INFORMATION SVhistory →COM0.21%$37M260.9K
97CCICROWN CASTLE INTL CORP NEWhistory →COM0.21%$37M187.8K
98TMUST-MOBILE US INChistory →COM0.21%$36M248.1K
99COPCONOCOPHILLIPShistory →COM0.21%$36M588.4K
100ADPAUTOMATIC DATA PROCESSING INhistory →COM0.21%$36M179.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$31.8B1,006May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$31.2B1,010Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$32.5B1,010Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$31.2B1,015Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$25.1B1,007May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$25.7B1,013Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$25.0B1,021Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$23.6B1,020Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$22.8B1,011May 9, 202413F-HRchanges · EDGAR ↗
Q4 2023$20.7B1,016May 9, 2024RESTATEMENTchanges · EDGAR ↗
Q3 2023$18.5B1,015Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$19.1B1,014Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$17.6B1,014May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022$16.4B1,016Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$15.1B1,027Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$15.8B1,030Aug 2, 202213F-HRchanges · EDGAR ↗
Q1 2022$18.1B1,029May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$18.9B1,038Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$17.3B1,033Nov 3, 202113F-HRchanges · EDGAR ↗
Q2 2021$17.2B1,033Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$15.9B1,034May 3, 202113F-HRchanges · EDGAR ↗
Q4 2020$15.0B1,030Feb 2, 202113F-HRchanges · EDGAR ↗
Q3 2020$13.2B1,020Nov 4, 202013F-HRchanges · EDGAR ↗
Q2 2020$12.1B1,009Aug 7, 202013F-HRchanges · EDGAR ↗
Q1 2020$11.3B1,001May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$12.1B1,001Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$11.1B1,000Nov 7, 201913F-HRchanges · EDGAR ↗
Q2 2019Under review1,008Aug 23, 201913F-HRchanges · EDGAR ↗
Q1 2019$41M90May 6, 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 ↗.