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CIK: 0001761054
Total reported value
$38.8B
$38.8B
1010 檔
19.0%
According to the latest 13F quarterly dataset, Treasurer of the State of North Carolina managed an equity portfolio of $38.8B at the end of Q4 2025, spanning 1010 distinct U.S. exchange-listed positions.
In Q4 2025, Treasurer of the State of North Carolina adopted a defensive or profit-taking posture, trimming 151 positions and completely liquidating 3 holdings to manage risk exposure.
Showing top 200 holdings (of 1010 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | Stock-Tech | 6.39% | -0.46% | -5.92% | |
| 2 | AAPL | Apple Inc | Stock-Tech | 5.80% | -0.36% | -7.28% | |
| 3 | MSFT | Microsoft CORP | Stock-Tech | 5.31% | -0.60% | -5.42% | |
| 4 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 3.44% | -0.17% | -6.20% | |
| 5 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 2.73% | +0.02% | -8.03% | |
| 6 | AVGO | Broadcom Inc | Stock-Tech | 2.56% | — | -6.70% | |
| 7 | META | Meta Platforms Inc-class A | Stock-Comm Services | 2.34% | -0.37% | -4.62% | |
| 8 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 2.21% | -0.01% | -8.53% | |
| 9 | TSLA | Tesla Inc | Stock-Consumer Disc | 1.97% | -0.09% | -5.59% | |
| 10 | IWM | Ishares Russell 2000 ETF | ETF-Small Cap | 1.60% | -0.02% | +0.34% | |
| 11 | LLY | Eli Lilly & Co | Stock-Healthcare | 1.33% | +0.07% | -6.00% | |
| 12 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 1.24% | -0.17% | -6.81% | |
| 13 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.18% | -0.12% | -8.85% | |
| 14 | V | Visa Inc-class A Shares | Stock-Financials | 1.05% | -0.15% | -6.49% | |
| 15 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.92% | -0.17% | -5.11% | |
| 16 | MA | Mastercard Inc - A | Stock-Financials | 0.76% | -0.22% | -2.08% | |
| 17 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.72% | -0.13% | -1.03% | |
| 18 | XOM | Exxon Mobil CORP | Stock-Energy | 0.68% | -0.35% | -9.14% | |
| 19 | WMT | Walmart Inc | Stock-Consumer Staples | 0.65% | -0.18% | -6.81% | |
| 20 | BAC | Bank Of America CORP | Stock-Financials | 0.65% | -0.03% | +20.73% | |
| 21 | CSCO | Cisco Systems Inc | Stock-Tech | 0.64% | +0.16% | -11.03% | |
| 22 | NFLX | Netflix Inc | Stock-Comm Services | 0.63% | -0.27% | +857.27% | |
| 23 | PLTR | Palantir Technologies Inc-a | Stock-Tech | 0.63% | -0.18% | -5.72% | |
| 24 | ORCL | Oracle CORP | Stock-Tech | 0.59% | -0.08% | -4.36% | |
| 25 | MU | Micron Technology Inc | Stock-Tech | 0.58% | +1.03% | -9.59% | |
| 26 | ABBV | Abbvie Inc | Stock-Healthcare | 0.56% | -0.05% | -3.69% | |
| 27 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.51% | -0.14% | -6.81% | |
| 28 | IBM | Intl Business Machines CORP | Stock-Tech | 0.51% | -0.05% | -12.70% | |
| 29 | LRCX | Lam Research CORP | Stock-Tech | 0.48% | +0.25% | -5.92% | |
| 30 | UNH | Unitedhealth Group Inc | Stock-Healthcare | 0.48% | +0.01% | -6.18% | |
| 31 | AMD | Advanced Micro Devices | Stock-Tech | 0.46% | +0.60% | -6.81% | |
| 32 | HD | Home Depot Inc | Stock-Consumer Disc | 0.46% | -0.05% | -6.81% | |
| 33 | GE | General Electric | Stock-Industrials | 0.44% | +0.01% | -5.41% | |
| 34 | KLAC | Kla CORP | Stock-Tech | 0.40% | +0.20% | -6.27% | |
| 35 | AMAT | Applied Materials Inc | Stock-Tech | 0.40% | +0.31% | -7.46% | |
| 36 | QCOM | Qualcomm Inc | Stock-Tech | 0.40% | +0.01% | -4.43% | |
| 37 | WFC | Wells Fargo & Co | Stock-Financials | 0.39% | -0.05% | -9.16% | |
| 38 | CVX | Chevron CORP | Stock-Energy | 0.38% | -0.18% | -9.10% | |
| 39 | DIS | Walt Disney Co/the | Stock-Comm Services | 0.38% | -0.06% | -4.14% | |
| 40 | MRK | Merck & Co. Inc. | Stock-Healthcare | 0.38% | +0.01% | -0.12% | |
| 41 | AXP | American Express Co | Stock-Financials | 0.37% | -0.01% | -1.98% | |
| 42 | INTU | Intuit Inc | Stock-Tech | 0.37% | -0.09% | -6.26% | |
| 43 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.36% | -0.05% | -6.81% | |
| 44 | MCD | Mcdonald's CORP | Stock-Consumer Disc | 0.36% | -0.09% | -18.82% | |
| 45 | PM | Philip Morris International | Stock-Consumer Staples | 0.36% | -0.07% | -18.45% | |
| 46 | CRM | Salesforce Inc | Stock-Tech | 0.36% | -0.04% | +1.05% | |
| 47 | CAT | Caterpillar Inc | Stock-Industrials | 0.36% | +0.11% | -6.81% | |
| 48 | ABT | Abbott Laboratories | Stock-Healthcare | 0.36% | -0.13% | -5.68% | |
| 49 | TMO | Thermo Fisher Scientific Inc | Stock-Healthcare | 0.35% | -0.04% | +10.44% | |
| 50 | GS | Goldman Sachs Group Inc | Stock-Financials | 0.35% | -0.01% | -8.91% |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +0.5% | -8.03% | Trim |
| 2 | GOOG | Alphabet Inc-cl C | +0.4% | -8.53% | Trim |
| 3 | LLY | Eli Lilly & Co | +0.4% | -6.00% | Trim |
| 4 | MU | Micron Technology Inc | +0.2% | -9.59% | Trim |
| 5 | BAC | Bank Of America CORP | +0.2% | +20.73% | Add |
| 6 | AAPL | Apple Inc | +0.2% | -7.28% | Trim |
| 7 | IVV | Ishares Core S&p 500 ETF | +0.1% | +188.13% | Add |
| 8 | AMD | Advanced Micro Devices | +0.1% | -6.81% | Trim |
| 9 | TMO | Thermo Fisher Scientific Inc | +0.1% | +10.44% | Add |
| 10 | DUK | Duke Energy CORP | +0.1% | +68.84% | Add |
| 11 | LRCX | Lam Research CORP | +0.1% | -5.92% | Trim |
| 12 | MRK | Merck & Co. Inc. | +0.1% | -0.12% | Trim |
| 13 | JNJ | Johnson & Johnson | +0.1% | -5.11% | Trim |
| 14 | IWM | Ishares Russell 2000 ETF | +0.1% | +0.34% | Add |
| 15 | ACN | Accenture plc | +0.1% | +18.94% | Add |
| 16 | AMZN | Amazon.com Inc | +0.1% | -6.20% | Trim |
| 17 | COF | Capital One Financial CORP | +0.1% | +10.47% | Add |
| 18 | AMAT | Applied Materials Inc | +0.1% | -7.46% | Trim |
| 19 | L | Loews CORP | +0.1% | +227.54% | Add |
| 20 | ADBE | Adobe Inc | +0.1% | +25.22% | Add |
| 21 | INTC | Intel CORP | +0.1% | +12.49% | Add |
| 22 | NTRS | Northern Trust CORP | +0.1% | +152.27% | Add |
| 23 | MLI | Mueller Industries Inc | +0.1% | +268.69% | Add |
| 24 | PTC | Ptc Inc | +0.1% | +175.36% | Add |
| 25 | WBD | Warner Bros Discovery Inc | +0.1% | +16.30% | Add |
| 26 | CRM | Salesforce Inc | +0.1% | +1.05% | Add |
| 27 | ISRG | Intuitive Surgical Inc | +0.1% | -7.83% | Trim |
| 28 | CAT | Caterpillar Inc | +0.1% | -6.81% | Trim |
| 29 | AXP | American Express Co | +0.1% | -1.98% | Trim |
| 30 | AVGO | Broadcom Inc | 0% | -6.70% | Trim |
| 31 | ROST | Ross Stores Inc | 0% | +31.86% | Add |
| 32 | FCX | Freeport-mcmoran Inc | 0% | -0.46% | Trim |
| 33 | WDC | Western Digital CORP | 0% | +13.20% | Add |
| 34 | MNST | Monster Beverage CORP | 0% | +35.64% | Add |
| 35 | EA | Electronic Arts Inc | 0% | +46.95% | Add |
| 36 | IDXX | Idexx Laboratories Inc | 0% | +38.13% | Add |
| 37 | ETR | Entergy CORP | 0% | +18.21% | Add |
| 38 | NTAP | Netapp Inc | 0% | +117.51% | Add |
| 39 | CMI | Cummins Inc | 0% | +0.97% | Add |
| 40 | TIGO | Millicom International Cellular S.A. | 0% | +311.18% | Add |
| 41 | GM | General Motors Co | 0% | -6.01% | Trim |
| 42 | SNDK | Sandisk CORP | 0% | +12.94% | Add |
| 43 | ROL | Rollins Inc | 0% | +116.87% | Add |
| 44 | DG | Dollar General CORP | 0% | +45.34% | Add |
| 45 | REGN | Regeneron Pharmaceuticals | 0% | -9.48% | Trim |
| 46 | CTSH | Cognizant Tech Solutions-a | 0% | +27.47% | Add |
| 47 | EXPE | Expedia Group Inc | 0% | +7.19% | Add |
| 48 | CRH | CRH plc | 0% | +16.27% | Add |
| 49 | GILD | Gilead Sciences Inc | 0% | -1.44% | Trim |
| 50 | GD | General Dynamics CORP | 0% | +10.30% | Add |
According to official SEC Form 13F filings, Treasurer of the State of North Carolina reported a total U.S. public equity portfolio value of $38.8B across 1010 disclosed positions in Q4 2025.
Expert Analysis & Guides for Tracking Wall Street Smart Money Movements
Learn how SEC Form 13F filings work, the $100M threshold, 45-day reporting lag, and how to track top hedge fund holdings.
In terms of portfolio concentration, the top 5 core holdings (including NVDA, AAPL, MSFT) accounted for 19.0% of total reported equity market value during Q4 2025.
Top New Position Initiated
Q
市值: $7.2M
Top Position Liquidated / Trimmed
KEL
前期市值: $10.2M
During Q4 2025, Treasurer of the State of North Carolina's top holdings by market value included NVDA (6.4%)、AAPL (5.8%)、MSFT (5.3%). The largest single position, NVDA, represented 6.4% of total portfolio value.
In Q4 2025, Treasurer of the State of North Carolina made 200 total portfolio adjustments, initiating 1 new buys, adding to 45 positions, trimming 151 holdings, and fully liquidating 3 stocks.
All holding records on this page are fetched directly from the U.S. Securities and Exchange Commission (SEC) EDGAR system (Form 13F-HR). AlphaSMO parses CUSIP identifiers and formats data into Schema.org-compliant datasets.
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