South Dakota Investment Council

The South Dakota Investment Council is a public pension fund that manages the financial assets of the State of South Dakota. The organization is based out of Sioux Falls and was founded in 1971 when the Investment Council was established by the South Dakota Legislature. The laws that govern the operations of the South Dakota Investment Council and the Division of Investment are specified by the South Dakota Codified Laws. There are 8 voting members on its Board with 5 being chosen by the Executive Board of the Legislative Research Council, a bipartisan board composed of members from both houses of the Legislature, and the remaining 3 members being the State Treasurer, the Commissioner of School and Public Lands and a designee of the South Dakota Retirement System Board of Trustees. The responsibilities of the board include appoint and evaluating the State Investment Officer, developing investment policy and establishing asset allocation guidelines, monitoring the implementation of the investment proves, and overseeing the audit process through the Audit Committee. The assets that the South Dakota Investment Council manage includes contributions from the South Dakota Retirement System, the consolidated defined benefit plan for public employees; South Dakota Cement Plant Retirement Fund, the defined benefit retirement plan for the previously state-owned cement plant; South Dakota Cash Flow Fund, the state checking accounts that is comprised of over 250 participating accounts; School & Public Lands Fund; Dakota Cement Trust Fund, established from the net proceeds from the sale of the South Dakota Cement Plant; Education Enhancement Trust Fund; Healthcare Trust Fund; and Higher Education Savings 529 Plan. The council holds over $5 billion in total assets and invests most heavily in the finance sector, which alone makes up a fifth of its asset allocations, and also invests in the information technology, health care, consumer discretionary, and energy sectors, among others to a lesser degree, in order of decreasing allocation.

Holdings MV

2.00B

Last Updated

2026-01-26

Total Holdings

Tracker Performance

South Dakota Investment Council

S&P 500

Total Return

+20.95%

Annualized Return

+38.55%

1 Day Change

+0.09%

Sharpe Ratio

2.34

Trade Updates

2026-01-26

Ticker

Name

01/26

Sell

11.53%

Fill Price --

11.46%

Ticker

Name

01/26

Buy

2.03%

Fill Price --

2.08%

Ticker

Name

01/26

Buy

0.00%

Fill Price --

2.16%

Ticker

Name

01/26

Buy

7.64%

Fill Price --

7.72%

Ticker

Name

01/26

Buy

1.89%

Fill Price --

1.90%

Ticker

Name

01/26

Sell

3.61%

Fill Price --

3.55%

Ticker

Name

01/26

Sell

1.75%

Fill Price --

0.00%

Ticker

Name

01/26

Buy

1.82%

Fill Price --

1.92%

Ticker

Name

01/26

Sell

1.79%

Fill Price --

0.00%

Ticker

Name

01/26

Sell

2.51%

Fill Price --

2.48%

Ticker

Name

01/26

Sell

13.64%

Fill Price --

13.56%

Ticker

Name

01/26

Sell

2.33%

Fill Price --

2.30%

Ticker

Name

01/26

Sell

3.54%

Fill Price --

3.50%

Ticker

Name

01/26

Sell

4.37%

Fill Price --

4.35%

Ticker

Name

01/26

Buy

12.49%

Fill Price --

12.76%

Ticker

Name

01/26

Buy

0.00%

Fill Price --

1.87%

Ticker

Name

01/26

Buy

11.21%

Fill Price --

11.30%

Ticker

Name

01/26

Sell

1.97%

Fill Price --

1.92%

Ticker

Name

01/26

Sell

4.12%

Fill Price --

4.06%

Ticker

Name

01/26

Sell

2.25%

Fill Price --

2.16%

Ticker

Name

01/26

Sell

2.00%

Fill Price --

1.95%

Ticker

Name

01/26

Sell

7.51%

Fill Price --

7.00%

Current Holdings

Electronics

26.13%

Computer

24.78%

Internet & Media

18.07%

Medical Biology

12.67%

Commerce

9.87%

Mining

7.17%

Non-Bank Financials

5.45%

Banks

2.20%

Symbol

P&L %

Position Size

Ticker

Name

+129.64%

13.69%

Ticker

Name

+33.64%

1.96%

Ticker

Name

+29.12%

11.66%

Ticker

Name

+27.11%

3.44%

Ticker

Name

+24.17%

2.20%

Ticker

Name

+20.94%

11.49%

Ticker

Name

+18.51%

2.18%

Ticker

Name

+16.98%

7.17%

Ticker

Name

+14.19%

1.90%

Ticker

Name

+12.50%

1.98%

Ticker

Name

+9.66%

7.97%

Ticker

Name

+6.16%

1.98%

Ticker

Name

+3.49%

2.14%

Ticker

Name

-0.44%

2.18%

Ticker

Name

-1.89%

3.51%

Ticker

Name

-2.85%

13.12%

Ticker

Name

-5.97%

3.28%

Ticker

Name

-8.18%

1.94%

Ticker

Name

-9.88%

4.38%

Ticker

Name

-21.52%

1.83%

Disclaimer

This simulated portfolio Tracker is based on holdings disclosed in institutional 13F filings. We select the top 20 holdings and construct a portfolio weighted by their relative proportions. Holdings beyond the top 20 are excluded, as their impact on the portfolio is minimal. Focusing on the top 20 enhances practicality and reflects the institution's stock-picking ability. The portfolio is periodically rebalanced to align with updated 13F filings. Note that 13F disclosures typically have a 45-day delay (e.g., Q2 2025 data is disclosed by mid-August). Users should consider this lag when tracking the portfolio, though institutional holdings are generally long-term, emphasizing strategic rationale behind changes. This portfolio is for illustrative purposes only and does not constitute investment advice. All investment decisions are the user's responsibility. Investing involves risks, including potential loss of principal. Past performance is not indicative of future results.