Q3 2026 13F · SEC CIK 2064039

North Dakota State Investment Board

Pension fundFiled 2026-10-27 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $2.5B
Reported positions: 811
Holdings vs S&P 500, 3 yrs: —
Average holding period: 1.0 yrs

North Dakota State Investment Board is a pension fund that reported 811 positions worth $2.5B in its Q3 2026 13F, filed 2026-10-27. Its largest holdings were Nvidia Corporation (NVDA, 6.4%), Ishares Tr (LQD, 5.8%), Apple Inc (AAPL, 5.8%).

North Dakota State Investment Board holdings largest 50 of 811 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

North Dakota State Investment Board 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
NVDANvidia Corporation	6.4%	5.6%	714,488	+3.9%	$163.2M
LQDIshares Tr	5.8%	5.2%	1,447,198	+23.9%	$147.9M
AAPLApple Inc	5.8%	5.0%	442,829	+3.9%	$147.5M
MSFTMicrosoft Corp	4.6%	3.3%	227,551	+3.9%	$116.7M
AMZNAmazon Com Inc	2.9%	2.8%	297,118	+3.9%	$74.0M
USIGIshares Tr	2.9%	3.1%	1,499,747	+0.0%	$73.1M
GOOGLAlphabet Inc	2.4%	2.5%	178,467	+3.9%	$61.4M
AVGOBroadcom Inc	2.0%	2.1%	142,487	+3.7%	$50.0M
GOOGAlphabet Inc	1.9%	2.0%	145,630	+3.9%	$49.6M
METAMeta Platforms Inc	1.9%	1.5%	67,325	+3.7%	$48.8M
MUMicron Technology Inc	1.4%	1.6%	34,526	+3.9%	$36.8M
TSLATesla Inc	1.2%	1.5%	89,473	+3.9%	$31.7M
AMDAdvanced Micro Devices Inc	1.2%	1.1%	49,820	+4.0%	$30.5M
AGGIshares Tr	1.1%	—	309,611	—	$29.3M
BRK-BBerkshire Hathaway Inc Del	1.1%	1.1%	57,038	+4.0%	$28.4M
LLYEli Lilly & Co	1.1%	1.1%	24,453	+3.9%	$28.3M
JPMJpmorgan Chase & Co	1.1%	1.0%	81,895	+3.9%	$27.1M
ITOTIshares Tr	1.0%	—	159,727	—	$26.6M
XOMExxonmobil Holdings Corp	0.8%	—	127,013	—	$20.7M
JNJJohnson & Johnson	0.8%	0.7%	73,803	+3.9%	$19.5M
VVisa Inc	0.7%	0.7%	51,022	+4.8%	$18.3M
INTCIntel Corp	0.7%	0.7%	139,939	+8.2%	$16.8M
IXUSIshares Tr	0.6%	—	163,441	—	$15.5M
IGSBIshares Tr	0.6%	0.6%	297,278	+0.0%	$15.2M
ABBVAbbvie Inc	0.6%	0.5%	54,228	+3.9%	$14.2M
SPYState Str Spdr S&p 500 ETF T	0.6%	—	18,562	—	$14.2M
WMTWalmart Inc	0.5%	0.6%	134,442	+3.9%	$14.0M
MAMastercard Incorporated	0.5%	0.5%	24,741	+3.4%	$13.6M
CSCOCisco Sys Inc	0.5%	0.6%	124,523	+3.9%	$13.4M
PLTRPalantir Technologies Inc	0.5%	—	68,014	—	$12.7M
LRCXLam Research Corp	0.5%	0.6%	38,278	+3.9%	$12.6M
AMATApplied Matls Inc	0.5%	0.7%	24,281	+3.9%	$12.4M
COSTCostco Wholesale Corporation	0.5%	0.5%	13,592	+3.6%	$12.4M
CVXChevron Corporation	0.5%	0.4%	56,825	+3.9%	$11.6M
CATCaterpillar Inc	0.4%	0.6%	13,912	+3.9%	$11.3M
BACBank of Amer Corp	0.4%	0.5%	202,520	+3.7%	$11.0M
MRKMerck & Co Inc	0.4%	0.4%	75,774	+3.9%	$11.0M
UNHUnitedhealth Group Inc	0.4%	0.5%	28,606	-2.3%	$10.5M
PGProcter & Gamble Co	0.4%	0.4%	71,424	+3.9%	$10.4M
KOCoca Cola Co	0.4%	0.4%	119,043	+2.9%	$10.2M
GEGe Aerospace	0.4%	0.5%	31,636	+3.9%	$9.9M
PANWPalo Alto Networks Inc	0.4%	0.3%	24,698	+3.8%	$9.8M
CCitigroup Inc	0.4%	—	73,752	—	$9.5M
CRWDCrowdstrike Hldgs Inc	0.4%	—	35,286	—	$9.3M
PMPhilip Morris Intl Inc	0.4%	0.3%	47,765	+3.1%	$9.1M
NFLXNetflix Inc.	0.3%	0.4%	128,013	+3.5%	$8.9M
HDHome Depot Inc	0.3%	0.4%	30,552	+3.2%	$8.7M
IGIBIshares Tr	0.3%	—	172,039	—	$8.7M
SPBOSpdr Series Trust	0.3%	0.4%	311,928	+0.0%	$8.6M
GSGoldman Sachs Group Inc	0.3%	0.3%	8,833	+3.9%	$8.0M

What North Dakota State Investment Board bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Added to

LQD Ishares Tr+23.9% shares
INTC Intel Corp+8.2% shares

Reduced

No position shrank by more than 5%.

Left the top 50

IVV Ishares Trwas 5.5%
XOM Exxon Mobil Corpwas 0.7%
KLAC Kla Corpwas 0.5%
SNDK Sandisk Corpwas 0.4%
GEV Ge Vernova Incwas 0.4%
WDC Western Digital Corp Comwas 0.3%
TXN Texas Instrs Incwas 0.3%
IBM International Business Machswas 0.3%

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: —
3 years: —
5 years: —

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q3 2026	$2.5B	811
Q2 2026	$2.5B	826
Q1 2026	$2.3B	752
Q4 2025	$2.7B	826

Questions about North Dakota State Investment Board's portfolio

What stocks does North Dakota State Investment Board own?

North Dakota State Investment Board's latest 13F, for Q3 2026 and filed Oct 27, 2026, lists 811 positions worth $2.5B. The largest are Nvidia Corporation (NVDA) at 6.4%, Ishares Tr (LQD) at 5.8%, Apple Inc (AAPL) at 5.8%, Microsoft Corp (MSFT) at 4.6% and Amazon Com Inc (AMZN) at 2.9%.

What did North Dakota State Investment Board buy last quarter?

In Q3 2026, North Dakota State Investment Board added Ishares Tr (LQD) (+23.9% shares) and Intel Corp (INTC) (+8.2% shares), compared with its Q2 2026 filing.

What did North Dakota State Investment Board sell last quarter?

In Q3 2026, North Dakota State Investment Board cut from its top 50 Ishares Tr (IVV), cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Kla Corp (KLAC), cut from its top 50 Sandisk Corp (SNDK) and cut from its top 50 Ge Vernova Inc (GEV), compared with its Q2 2026 filing.

When is North Dakota State Investment Board's next 13F filing due?

13F filings are due 45 days after each quarter ends. North Dakota State Investment Board's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.