Q2 2026 13F · SEC CIK 1370102

State of Alaska, Department of Revenue

Investment managerFiled 2026-07-20 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $10.1B
Reported positions: 2,173
Top holdings a year, 3 yrs: +24.7%
Average holding period: 8.0 yrs

State of Alaska, Department of Revenue is an investment manager that reported 2,173 positions worth $10.1B in its Q2 2026 13F, filed 2026-07-20. Its largest holdings were Nvidia Corporation Com (NVDA, 5.4%), Apple Inc (AAPL, 5.2%), Microsoft Corp (MSFT, 3.4%). A portfolio copying its top holdings returned 24.7% a year over the last 3 years, against 20.4% for the S&P 500.

State of Alaska, Department of Revenue holdings largest 50 of 2,173 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 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.

State of Alaska, Department of Revenue 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
NVDANvidia Corporation Com	5.4%	5.3%	2,722,160	-3.1%	$544.7M
AAPLApple Inc	5.2%	5.1%	1,795,685	-3.3%	$519.6M
MSFTMicrosoft Corp	3.4%	3.8%	912,272	-3.2%	$340.3M
AMZNAmazon Com Inc Com	2.7%	2.6%	1,130,355	-2.6%	$269.4M
GOOGLAlphabet Inc	2.3%	2.1%	656,321	-2.2%	$234.5M
GOOGAlphabet Inc	2.3%	2.1%	646,823	-3.5%	$228.5M
AVGOBroadcom Inc	2.1%	1.9%	557,125	-0.7%	$210.5M
MUMicron Technology Inc	1.9%	0.6%	161,494	-5.9%	$186.4M
METAMeta Platforms Inc Class A	1.5%	1.7%	272,235	-3.1%	$153.3M
TSLATesla Inc Com	1.3%	1.3%	317,527	-2.6%	$133.6M
AMDAdvanced Micro Devices Inc	1.2%	0.5%	205,801	-3.8%	$119.6M
BRK-BBerkshire Hathaway Inc Del	1.1%	1.2%	226,698	-3.8%	$113.4M
LLYLilly Eli & Co	1.1%	0.9%	91,180	-3.2%	$109.4M
WELLWelltower Inc	1.0%	0.9%	421,983	+1.1%	$95.8M
JPMJpmorgan Chase & Co	0.9%	0.9%	279,362	+4.1%	$91.4M
INTCIntel Corp	0.8%	—	585,164	—	$81.7M
JNJJohnson & Johnson	0.8%	0.8%	298,749	-4.0%	$75.9M
PLDPrologis Inc	0.7%	0.8%	556,435	-0.0%	$75.4M
XOMExxon Mobil Corp	0.7%	1.0%	504,501	-3.5%	$69.0M
AMATApplied Matls Inc	0.6%	0.3%	86,706	-1.7%	$62.7M
EQIXEquinix Inc	0.6%	0.6%	58,816	+0.3%	$61.3M
CSCOCisco Sys Inc	0.6%	0.4%	502,429	-3.4%	$59.0M
ABBVAbbvie Inc	0.6%	0.6%	232,583	-4.1%	$58.5M
VVisa Inc Com Cl A	0.6%	0.5%	165,621	-0.5%	$56.8M
WMTWalmart Inc	0.5%	0.7%	482,775	-3.8%	$54.7M
MAMastercard Inc.	0.5%	0.6%	105,897	-4.1%	$54.4M
LRCXLam Research Corp	0.5%	—	122,533	—	$53.1M
SNDKSandisk Corp	0.5%	—	22,617	—	$51.4M
COSTCostco Whsl Corp New	0.5%	0.6%	54,531	-3.0%	$51.0M
CATCaterpillar Inc Com	0.5%	0.4%	45,130	-3.4%	$48.1M
AMTAmerican Tower Corp	0.5%	0.5%	278,221	-2.6%	$45.5M
UNHUnitedhealth Group Inc Com	0.4%	0.3%	107,746	-2.8%	$44.8M
SPGSimon Property Group Inc	0.4%	0.4%	191,265	-2.0%	$42.8M
KLACKla Corp	0.4%	—	141,045	—	$42.6M
PGProcter & Gamble Co Com	0.4%	0.5%	286,243	-3.5%	$42.0M
BACBank of Amer Corp	0.4%	0.3%	697,055	+5.3%	$39.7M
WDCWestern Digital Corp	0.4%	—	61,509	—	$39.3M
MRKMerck & Co. Inc	0.4%	0.4%	299,881	-3.8%	$38.5M
GEGe Aerospace	0.4%	0.3%	102,228	-2.0%	$38.2M
CVXChevron Corp New	0.4%	0.5%	228,247	-2.9%	$37.8M
DLRDigital Realty Trust Inc	0.4%	0.4%	206,818	+0.8%	$37.1M
GSGoldman Sachs Group Inc	0.4%	0.3%	36,404	-4.9%	$36.8M
PMPhilip Morris Intl Inc Com	0.3%	0.4%	194,769	-4.0%	$35.2M
ORealty Income Corp	0.3%	0.4%	557,127	+0.9%	$34.5M
HDHome Depot Inc Com	0.3%	0.4%	97,592	-2.4%	$34.4M
QCOMQualcomm Inc	0.3%	—	181,341	—	$33.5M
IBMInternational Business Machs	0.3%	0.3%	118,932	-3.5%	$33.4M
PLTRPalantir Technologies Inclass Class A	0.3%	0.5%	279,235	-1.9%	$32.6M
KOCoca Cola Co	0.3%	0.3%	400,074	-2.6%	$32.5M
NFLXNetflix Inc Total	0.3%	0.5%	440,986	-1.7%	$31.5M

What State of Alaska, Department of Revenue bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 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: +17.8% /yr; S&P 500 +20.1%
3 years: +24.7% /yr; S&P 500 +20.4%
5 years: +15.5% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value and rebuilt each quarter on the day the filing became public. 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
Q2 2026	$10.1B	2,173
Q1 2026	$9.2B	2,192
Q4 2025	$9.4B	2,204
Q3 2025	$9.8B	2,081
Q2 2025	$9.3B	1,583
Q1 2025	$8.8B	1,581
Q4 2024	$8.9B	1,587
Q3 2024	$9.4B	1,600
Q2 2024	$8.9B	1,605
Q1 2024	$8.8B	1,598
Q4 2023	$8.4B	1,602
Q3 2023	$7.9B	1,610

Questions about State of Alaska, Department of Revenue's portfolio

What stocks does State of Alaska, Department of Revenue own?

State of Alaska, Department of Revenue's latest 13F, for Q2 2026 and filed Jul 20, 2026, lists 2,173 positions worth $10.1B. The largest are Nvidia Corporation Com (NVDA) at 5.4%, Apple Inc (AAPL) at 5.2%, Microsoft Corp (MSFT) at 3.4%, Amazon Com Inc Com (AMZN) at 2.7% and Alphabet Inc (GOOGL) at 2.3%.

What did State of Alaska, Department of Revenue buy last quarter?

In Q2 2026, State of Alaska, Department of Revenue added Bank of Amer Corp (BAC) (+5.3% shares), compared with its Q1 2026 filing.

What did State of Alaska, Department of Revenue sell last quarter?

In Q2 2026, State of Alaska, Department of Revenue cut from its top 50 Verizon Communications Inc Com (VZ), cut from its top 50 Oracle Corp (ORCL), cut from its top 50 Rtx Corporation Com (RTX), cut from its top 50 Wells Fargo Co New (WFC), cut from its top 50 At&t Inc Com (T) and Micron Technology Inc (MU) (-5.9% shares), compared with its Q1 2026 filing.

How has State of Alaska, Department of Revenue's portfolio performed?

A portfolio copying State of Alaska, Department of Revenue's 20 largest 13F holdings each quarter, from the day each filing was public, returned +24.7% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +17.8% against +20.1%. Over 5 years: +15.5% a year against +11.6%.

When is State of Alaska, Department of Revenue's next 13F filing due?

13F filings are due 45 days after each quarter ends. State of Alaska, Department of Revenue's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.