State of Tennessee, Department of Treasury reported 1,658 positions worth $27.78B for the quarter ended Jun 30, 2026, up 14.6% on the prior quarter. It opened 69 new positions, added to 458, trimmed 956 and exited 42. Its largest holding is Nvidia Corp at 6% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Trade Value | Weight |
|---|---|---|---|
| MRVL Marvell Technology, Inc. | +299.6K | $89.25M | 0.321% |
| TRP Tc Energy Corp | +459.6K +78.3% | $30.42M | 0.249% |
| HONA Honeywell Aerospace Inc. | +109.5K | $24.20M | 0.087% |
| DVN Devon Energy Corp | +448.7K +186.8% | $18.54M | 0.102% |
| ELV Elevance Health, Inc. | +41.6K +90.2% | $16.07M | 0.122% |
| VEEV Veeva Systems Inc | +64.6K | $11.46M | 0.041% |
| SRE Sempra | +121.0K +93.6% | $11.22M | 0.083% |
| CCEP COCA-COLA EUROPACIFIC PARTNERS plc | +101.4K +209.1% | $10.14M | 0.054% |
| PANW Palo Alto Networks Inc | +28.6K +10.9% | $9.74M | 0.356% |
| LRCX Lam Research Corp | +21.0K +5.0% | $9.09M | 0.689% |
| Holding | Change | Trade Value | Weight |
|---|---|---|---|
| UNH Unitedhealth Group Inc | -55.0K -15.4% | $22.85M | 0.452% |
| SHOP Shopify Inc. | -180.6K -20.4% | $20.65M | 0.29% |
| INTC Intel Corp | -146.4K -8.4% | $20.44M | 0.803% |
| CVS CVS HEALTH Corp | -193.2K -32.3% | $19.99M | 0.151% |
| AMAT Applied Materials Inc | -22.9K -7.4% | $16.53M | 0.74% |
| BDX Becton Dickinson & Co | -104.8K -61.8% | $15.86M | 0.035% |
| NOK Nokia Corp | -1.96M -100.0% | $15.79M | Exited |
| ROK Rockwell Automation, Inc | -18.2K -29.5% | $9.01M | 0.078% |
| EMR Emerson Electric Co | -62.6K -25.9% | $8.96M | 0.092% |
| MRK Merck & Co., Inc. | -64.4K -6.7% | $8.28M | 0.416% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| MRVL Marvell Technology, Inc. | +299.6K | $89.25M | 0.321% |
| HONA Honeywell Aerospace Inc. | +109.5K | $24.20M | 0.087% |
| VEEV Veeva Systems Inc | +64.6K | $11.46M | 0.041% |
| FDXF FedEx Freight Holding Company, Inc. | +60.2K | $9.09M | 0.033% |
| ROKU Roku, Inc | +50.0K | $6.91M | 0.025% |
| CDE Coeur Mining, Inc. | +397.9K | $6.49M | 0.023% |
| SN SharkNinja, Inc. | +27.5K | $4.19M | 0.015% |
| MDB MongoDB, Inc. | +11.2K | $3.75M | 0.013% |
| RBRK Rubrik, Inc. | +32.3K | $2.60M | <0.01% |
| NAVN Navan, Inc. | +108.3K | $2.48M | <0.01% |
| Holding | Shares Sold | Trade Value | Prior Weight |
|---|---|---|---|
| NOK Nokia Corp | -1.96M | $15.79M | 0.065% |
| BRBR Bellring Brands, Inc. | -72.0K | $1.16M | <0.01% |
| SAM Boston Beer Co Inc | -3,094 | $712.86K | <0.01% |
| GPOR Gulfport Energy Corp | -2,850 | $602.98K | <0.01% |
| RNGR Ranger Energy Services, Inc. | -30.7K | $526.52K | <0.01% |
| CNXC Concentrix Corp | -18.5K | $506.24K | <0.01% |
| SUNC SunocoCorp LLC | -7,975 | $491.66K | <0.01% |
| DAC Danaos Corp | -4,341 | $488.97K | <0.01% |
| KELYA Kelly Services Inc | -53.3K | $471.27K | <0.01% |
| BIPC Brookfield Infrastructure Corp | -11.3K | $447.41K | <0.01% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | NVDA Nvidia Corp | Technology | 8.39M | $1.68B | 6.04% | -28.3K | -0.3% | Reduced | 0.03% |
| 2 | AAPL Apple Inc. | Technology | 5.08M | $1.47B | 5.29% | -26.6K | -0.5% | Reduced | 0.03% |
| 3 | MSFT Microsoft Corp | Technology | 2.57M | $960.34M | 3.46% | -7,518 | -0.3% | Reduced | 0.03% |
| 4 | AMZN Amazon Com Inc | Consumer Discretionary | 3.37M | $802.89M | 2.89% | -5,119 | -0.2% | Reduced | 0.03% |
| 5 | GOOGL Alphabet Inc. | Technology | 2.00M | $713.46M | 2.57% | +15.3K | +0.8% | Added | 0.03% |
| 6 | AVGO Broadcom Inc. | Technology | 1.63M | $616.96M | 2.22% | -1,272 | -0.1% | Reduced | 0.03% |
| 7 | GOOG Alphabet Inc. | Technology | 1.65M | $582.38M | 2.1% | -1,580 | -0.1% | Reduced | 0.03% |
| 8 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 1.07M | $511.10M | 1.84% | +4,000 | +0.4% | Added | 0.02% |
| 9 | MU Micron Technology Inc | Technology | 387.3K | $447.08M | 1.61% | -4,013 | -1.0% | Reduced | 0.03% |
| 10 | META Meta Platforms, Inc. | Technology | 750.8K | $422.91M | 1.52% | -1,541 | -0.2% | Reduced | 0.03% |
| 11 | TSLA Tesla, Inc. | Consumer Discretionary | 965.3K | $406.02M | 1.46% | +4,340 | +0.5% | Added | 0.02% |
| 12 | PLD Prologis, Inc. | Real Estate | 2.58M | $350.14M | 1.26% | +1,656 | +0.1% | Added | 0.28% |
| 13 | LLY ELI LILLY & Co | Healthcare | 274.7K | $329.54M | 1.19% | +6,357 | +2.4% | Added | 0.03% |
| 14 | AMD Advanced Micro Devices Inc | Technology | 563.4K | $327.27M | 1.18% | -1,384 | -0.2% | Reduced | 0.03% |
| 15 | JPM Jpmorgan Chase & Co | Financial Services | 966.9K | $316.51M | 1.14% | -11.8K | -1.2% | Reduced | 0.04% |
Tip. Select a row to see that position’s full history at State of Tennessee, Department of Treasury.
As of its Q2 2026 13F filing, State of Tennessee, Department of Treasury’s five largest positions were Nvidia Corp (NVDA) at 6.0%, Apple Inc. (AAPL) at 5.3%, Microsoft Corp (MSFT) at 3.5%, Amazon Com Inc (AMZN) at 2.9%, Alphabet Inc. (GOOGL) at 2.6% of the reported portfolio.
State of Tennessee, Department of Treasury reported a 13F portfolio worth $27.78B across 1,658 positions for Q2 2026. That is up 14.6% from the previous quarter.
Its largest purchases by value were Marvell Technology, Inc. ($89.25M), Tc Energy Corp ($30.42M), Honeywell Aerospace Inc. ($24.20M). It opened 69 new positions.
Its largest sales by value were Unitedhealth Group Inc ($22.85M), Shopify Inc. ($20.65M), Intel Corp ($20.44M). It exited 42 positions entirely.
From the Form 13F-HR reports State of Tennessee, Department of Treasury files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.