Fund HoldingsSTATE OF WISCONSIN INVESTMENT BOARD

Total Portfolio Value
$44.59B
Total Bought
$3.30B
Total Sold
$4.10B
Net Transaction
-$795.45M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
INVESCO EXCHANGE TRADED FD T
S&P500 EQL WGT
7,425,3388,485,519+1,060,1811,408,5871,625,4863.65%+216,899
ALPHABET INC(GOOG)3,146,0973,024,412-121,685764,816946,6412.12%+181,825
ALPHABET INC(GOOG)2,645,2632,536,050-109,213644,254795,8121.78%+151,559
ELI LILLY & CO(LLY)0416,718+416,7180447,8391.00%+447,839
ROYAL BK CDA(RY)0513,881+513,881087,7210.20%+87,721
FOX CORP(FOX)7,312,8457,775,600+462,755418,953504,8701.13%+85,917
BROOKFIELD RENEWABLE PARTNER
PARTNERSHIP UNIT
2,134,5424,867,084+2,732,54255,050131,2650.29%+76,215
SHOPIFY INC(SHOP)0439,830+439,830070,9120.16%+70,912
KRANESH CSI CHINA INTERNET(Call)02,000,000+2,000,000068,100+68,100
MICRON TECHNOLOGY INC(MU)587,814581,631-6,18398,353166,0030.37%+67,650
INVESCO EXCH TRADED FD TR II
SR LN ETF
03,190,000+3,190,000066,9900.15%+66,990
BROOKFIELD INFRAST PARTNERS
LP INT UNIT
829,9032,592,339+1,762,43627,29690,0580.20%+62,762
XTRACKERS HARVEST CSI 300 CH(Call)01,840,900+1,840,900060,474+60,474
TORONTO DOMINION BK ONT(TD)0634,563+634,563059,8850.13%+59,885
UBS GROUP AG(UBS)01,260,085+1,260,085058,7850.13%+58,785
SPDR SERIES TRUST
ST STR SP RETAIL
0633,318+633,318054,0160.12%+54,016
JANUS DETROIT STR TR
HENDRSON AAA CL
01,000,000+1,000,000050,5800.11%+50,580
TOTALENERGIES SE(TTE)0696,536+696,536045,4750.10%+45,475
ISHARES TR95,585158,110+62,52563,975108,2960.24%+44,321
ADVANCED MICRO DEVICES INC(AMD)858,723840,983-17,740138,933180,1050.40%+41,172
BERKSHIRE HATHAWAY INC DEL570619+49429,894467,2211.05%+37,327
ENBRIDGE INC(ENB)0765,130+765,130036,6610.08%+36,661
BANK NOVA SCOTIA HALIFAX0477,772+477,772035,2840.08%+35,284
BANK MONTREAL QUE0259,753+259,753033,7780.08%+33,778
AGNICO EAGLE MINES LTD(AEM)0196,119+196,119033,3020.07%+33,302
BROOKFIELD CORP(BN)0723,099+723,099033,2440.07%+33,244
CANADIAN IMPERIAL BANK OF CO(CM)0355,840+355,840032,3010.07%+32,301
DEUTSCHE BANK A G
NAMEN AKT
0767,538+767,538029,8470.07%+29,847
BARRICK MNG CORP(B)0609,135+609,135026,5700.06%+26,570
APPLE INC(AAPL)8,128,6747,711,087-417,5872,069,8042,096,3364.70%+26,532
ISHARES SILVER TRUST(SLV)(Put)0400,000+400,000025,768+25,768
HEICO CORP NEW0993,940+993,9400250,9000.56%+250,900
SPDR SERIES TRUST
ST STR SP BIOT
0206,304+206,304025,1550.06%+25,155
SSGA ACTIVE ETF TR
ST STR BL LN ETF
0609,000+609,000025,1330.06%+25,133
CANADIAN NAT RES LTD(CNQ)0733,058+733,058024,8620.06%+24,862
LAM RESEARCH CORP(LRCX)695,918685,944-9,97493,183117,4200.26%+24,236
SUNCOR ENERGY INC NEW(SU)0531,447+531,447023,6190.05%+23,619
CANADIAN PACIFIC KANSAS CITY(CP)0318,242+318,242023,4600.05%+23,460
MANULIFE FINL CORP(MFC)0594,940+594,940021,6320.05%+21,632
INTEL CORP(INTC)2,293,0742,670,144+377,07076,93398,5280.22%+21,596
INTUITIVE SURGICAL INC0193,289+193,2890109,4710.25%+109,471
JOHNSON & JOHNSON(JNJ)1,286,4441,252,970-33,474238,532259,3020.58%+20,770
CATERPILLAR INC(CAT)252,046245,658-6,388120,264140,7300.32%+20,466
TC ENERGY CORP(TRP)0365,001+365,001020,1250.05%+20,125
APPLIED MATLS INC428,911418,007-10,90487,815107,4240.24%+19,608
WHEATON PRECIOUS METALS CORP(WPM)0159,306+159,306018,7530.04%+18,753
MERCK & CO INC(MRK)01,294,096+1,294,0960136,2170.31%+136,217
CANADIAN NATL RY CO(CNI)0184,577+184,577018,2790.04%+18,279
AMAZON COM INC(AMZN)04,987,135+4,987,13501,151,1312.58%+1,151,131
CAMECO CORP(CCJ)0193,533+193,533017,7440.04%+17,744
THERMO FISHER SCIENTIFIC INC(TMO)203,105199,535-3,57098,510115,6210.26%+17,111
FERRARI N V
COM
044,225+44,225016,5530.04%+16,553
GILDAN ACTIVEWEAR INC(GIL)0383,865+383,865024,0060.05%+24,006
CAE INC(CAE)0520,684+520,684015,8550.04%+15,855
BAYTEX ENERGY CORP(BTE)04,843,898+4,843,898015,6900.04%+15,690
WESTERN DIGITAL CORP(WDC)197,360226,966+29,60623,69539,0990.09%+15,404
KINROSS GOLD CORP(KGC)0543,837+543,837015,3380.03%+15,338
CELESTICA INC(CLS)051,500+51,500015,2540.03%+15,254
BRP INC(DOO)0214,827+214,827015,2100.03%+15,210
FRANCO NEV CORP(FNV)072,585+72,585015,0660.03%+15,066
NEWMONT CORP(NEM)637,787685,218+47,43153,77268,4190.15%+14,647
ALCON AG(ALC)0175,429+175,429014,0120.03%+14,012
COMFORT SYS USA INC(FIX)023,111+23,111021,5690.05%+21,569
LIBERTY LIVE HOLDINGS INC(LLYVA)0167,512+167,512013,6520.03%+13,652
AMRIZE LTD(AMRZ)0250,745+250,745013,5600.03%+13,560
SPDR SERIES TRUST
ST STR NUVEE ETF
0285,800+285,800013,0640.03%+13,064
OMNICOM GROUP INC(OMC)0263,374+263,374021,2670.05%+21,267
WELLS FARGO CO NEW(WFC)01,659,110+1,659,1100154,6290.35%+154,629
WALMART INC(WMT)2,334,6442,272,277-62,367240,608253,1540.57%+12,546
SUN LIFE FINANCIAL INC.(SLF)0197,000+197,000012,3140.03%+12,314
RTX CORPORATION(RTX)710,783715,069+4,286118,935131,1440.29%+12,208
FERROVIAL SE
ORD SHS
0179,901+179,901011,6920.03%+11,692
AMGEN INC(AMGN)0278,964+278,964091,3080.20%+91,308
KLA CORP(KLAC)71,43072,746+1,31677,04488,3920.20%+11,348
CENOVUS ENERGY INC(CVE)0665,750+665,750011,2780.03%+11,278
REGENERON PHARMACEUTICALS(REGN)059,079+59,079045,6010.10%+45,601
BROADCOM INC(AVGO)2,463,2222,378,575-84,647812,642823,2251.85%+10,583
NUTRIEN LTD(NTR)0170,354+170,354010,5290.02%+10,529
EXXON MOBIL CORP02,208,564+2,208,5640265,7790.60%+265,779
MORGAN STANLEY(MS)664,149651,061-13,088105,573115,5830.26%+10,010
LIBERTY GLOBAL LTD(LBTYA)01,245,174+1,245,174013,7470.03%+13,747
AMERICAN EXPRESS CO(AXP)0302,405+302,4050111,8750.25%+111,875
GOLDMAN SACHS GROUP INC(GS)163,067158,528-4,539129,858139,3460.31%+9,488
BRISTOL-MYERS SQUIBB CO(BMY)01,067,526+1,067,526057,5820.13%+57,582
CITIGROUP INC(C)1,037,411981,921-55,490105,297114,5800.26%+9,283
GENERAL MTRS CO(GM)0492,948+492,948040,0870.09%+40,087
DANAHER CORPORATION(DHR)0336,576+336,576077,0490.17%+77,049
FORTIS INC(FTS)0176,474+176,47409,1870.02%+9,187
ROCKET COS INC(RKT)0535,247+535,247010,3620.02%+10,362
COHERENT CORP(COHR)0127,747+127,747023,5780.05%+23,578
QNITY ELECTRONICS INC(Q)0108,495+108,49508,8590.02%+8,859
PAN AMERN SILVER CORP(PAAS)0169,775+169,77508,8140.02%+8,814
LOGITECH INTL S A
SHS
083,903+83,90308,6350.02%+8,635
CGI INC(GIB)091,416+91,41608,4550.02%+8,455
IAC INC(PPLI)0291,395+291,395011,3940.03%+11,394
FREEPORT-MCMORAN INC(FCX)0743,918+743,918037,7840.08%+37,784
CARNIVAL PLC
ADS
01,117,590+1,117,590033,8970.08%+33,897
STELLANTIS N.V(STLA)0706,226+706,22607,8470.02%+7,847
ALAMOS GOLD INC NEW0202,900+202,90007,8450.02%+7,845
PEMBINA PIPELINE CORP(PBA)0203,499+203,49907,7630.02%+7,763
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