South Dakota Investment Council
SEC Form 13F institutional filer · CIK 0001538846
13F-HR · 320 reported holdings · 2026-03-31
Reported long-US-equity value
$0.00B
Top-10 concentration
40.3%
South Dakota Investment Council — $3.6M AUM allocation strategy
South Dakota Investment Council files SEC Form 13F and reports $3.6M of long US equity value across 320 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 17.1%, followed by Communication Services 6.6% and Health Care 5.5%.
The top 10 holdings account for 40% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
South Dakota Investment Council — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$3.6M
total across 320 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
40% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$IVV +451K sh · +$43.1K+$VOO +147K sh · +$10.9K+$HPQ +111K sh · +$288
Biggest trims (shares)
−$APA −210K sh · +$5.59K−$BMY −171K sh · −$8.01K−$HAL −138K sh · +$1.99K
Exited to nil (held last quarter, gone now)
$WBD ($3.73K last qtr)$ROK ($195 last qtr)$TPR ($72 last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors7.1%—
- Interactive Media & Services6.6%—
- Technology Hardware, Storage & Peripherals5.3%—
- Systems Software4.7%—
- Managed Health Care3.4%—
- Broadline Retail3.4%—
- Pharmaceuticals2.1%—
- Multi-Sector Holdings1.5%—
- Other holdings66.0%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
8 of 8 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $NVDA | NVIDIA Corporation | 1.23M | $215K | +110K | 6.0% |
| $AAPL | Apple Inc | 750K | $190K | -3.02K | 5.3% |
| $MSFT | Microsoft Corporation | 461K | $171K | +10.6K | 4.7% |
| $AMZN | Amazon.com Inc | 579K | $121K | +25.6K | 3.3% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 324K | $93.3K | -27.2K | 2.6% |
| $GOOGL | Alphabet Inc | 269K | $77.1K | +11 | 2.1% |
| $META | Meta Platforms Inc | 118K | $66.9K | +549 | 1.9% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 110K | $52.9K | +600 | 1.5% |
…and 312 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.