# State of Wyoming

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1821626. Source: https://holderbook.com/funds/1821626-state-of-wyoming/

- Reported value: $989.1M
- Positions: 1,872
- Weight of the ten largest: 31.1%
- Filed: 2026-08-06

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $198.1M | 265,295 | 20.0% | 22 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $22.1M | 212,452 | 2.2% | 12 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $20.4M | 101,718 | 2.1% | 22 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $14.1M | 48,753 | 1.4% | 22 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $11.3M | 30,409 | 1.1% | 22 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $10.4M | 101,651 | 1.1% | 12 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $10.1M | 28,257 | 1.0% | 22 |
| ISHARES INC | [EWT](https://holderbook.com/stocks/EWT/) | $9.9M | 91,410 | 1.0% | 12 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $6.5M | 18,425 | 0.7% | 22 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $4.5M | 15,202 | 0.5% | 8 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $4.3M | 3,746 | 0.4% | 2 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $4.2M | 48,106 | 0.4% | 5 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $4.1M | 7,281 | 0.4% | 22 |
| INCYTE CORP | [INCY](https://holderbook.com/stocks/INCY/) | $4.0M | 35,525 | 0.4% | 6 |
| TOWER SEMICONDUCTOR LTD | [TSEM](https://holderbook.com/stocks/TSEM/) | $4.0M | 15,449 | 0.4% | 17 |
| ISHARES TR | [EEM](https://holderbook.com/stocks/EEM/) | $4.0M | 58,543 | 0.4% | 3 |
| ISHARES TR | [INDA](https://holderbook.com/stocks/INDA/) | $3.9M | 79,530 | 0.4% | 12 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.9M | 16,336 | 0.4% | 22 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $3.9M | 10,253 | 0.4% | 10 |
| ICON PUB LTD CO | [ICLR](https://holderbook.com/stocks/ICLR/) | $3.9M | 22,228 | 0.4% | 22 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $3.9M | 8,070 | 0.4% | 10 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $3.5M | 8,847 | 0.4% | 11 |
| TD SYNNEX CORPORATION | [SNX](https://holderbook.com/stocks/SNX/) | $3.4M | 12,637 | 0.3% | 13 |
| ECHOSTAR CORP | [ECHO](https://holderbook.com/stocks/ECHO/) | $3.4M | 33,227 | 0.3% | 4 |
| ALLY FINL INC | [ALLY](https://holderbook.com/stocks/ALLY/) | $3.2M | 69,522 | 0.3% | 5 |
| LATTICE SEMICONDUCTOR CORP | [LSCC](https://holderbook.com/stocks/LSCC/) | $3.2M | 20,626 | 0.3% | 5 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $3.2M | 5,431 | 0.3% | 4 |
| ISHARES INC | [EWC](https://holderbook.com/stocks/EWC/) | $3.0M | 52,738 | 0.3% | 12 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $2.8M | 9,445 | 0.3% | 22 |
| SILICON MOTION TECHNOLOGY CO | [SIMO](https://holderbook.com/stocks/SIMO/) | $2.7M | 8,064 | 0.3% | 4 |
| BEONE MEDICINES LTD | [ONC](https://holderbook.com/stocks/ONC/) | $2.5M | 8,698 | 0.3% | 1 |
| TORONTO DOMINION BK ONT | [TD](https://holderbook.com/stocks/TD/) | $2.5M | 20,385 | 0.3% | 10 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $2.5M | 26,300 | 0.2% | 6 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $2.4M | 1,432 | 0.2% | 22 |
| GARRETT MOTION INC | [GTX](https://holderbook.com/stocks/GTX/) | $2.4M | 67,070 | 0.2% | 18 |
| MOHAWK INDS INC | [MHK](https://holderbook.com/stocks/MHK/) | $2.3M | 19,018 | 0.2% | 21 |
| ALLEGRO MICROSYSTEMS INC | [ALGM](https://holderbook.com/stocks/ALGM/) | $2.2M | 32,269 | 0.2% | 13 |
| PRIMERICA INC | [PRI](https://holderbook.com/stocks/PRI/) | $2.2M | 7,866 | 0.2% | 5 |
| AERCAP HOLDINGS NV | [AER](https://holderbook.com/stocks/AER/) | $2.2M | 15,237 | 0.2% | 12 |
| TALEN ENERGY CORP | [TLN](https://holderbook.com/stocks/TLN/) | $2.2M | 5,731 | 0.2% | 7 |
| MKS INC. | [MKSI](https://holderbook.com/stocks/MKSI/) | $2.1M | 4,736 | 0.2% | 5 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $2.0M | 4,704 | 0.2% | 22 |
| UPWORK INC | [UPWK](https://holderbook.com/stocks/UPWK/) | $2.0M | 235,043 | 0.2% | 11 |
| DAVE INC | [DAVE](https://holderbook.com/stocks/DAVE/) | $1.9M | 5,203 | 0.2% | 7 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $1.9M | 13,908 | 0.2% | 5 |
| ONEMAIN HLDGS INC | [OMF](https://holderbook.com/stocks/OMF/) | $1.8M | 30,052 | 0.2% | 21 |
| ISHARES TR | [ACWX](https://holderbook.com/stocks/ACWX/) | $1.8M | 24,061 | 0.2% | 12 |
| RAMBUS INC DEL | [RMBS](https://holderbook.com/stocks/RMBS/) | $1.8M | 13,749 | 0.2% | 6 |
| TORO CO | [TTC](https://holderbook.com/stocks/TTC/) | $1.8M | 18,608 | 0.2% | 6 |
| KRYSTAL BIOTECH INC | [KRYS](https://holderbook.com/stocks/KRYS/) | $1.8M | 4,767 | 0.2% | 1 |
| REVOLUTION MEDICINES INC | [RVMD](https://holderbook.com/stocks/RVMD/) | $1.8M | 9,446 | 0.2% | 1 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $1.8M | 4,564 | 0.2% | 1 |
| LIONSGATE STUDIOS CORP | [LION](https://holderbook.com/stocks/LION/) | $1.8M | 115,208 | 0.2% | 2 |
| TWILIO INC | [TWLO](https://holderbook.com/stocks/TWLO/) | $1.8M | 8,500 | 0.2% | 5 |
| OPENLANE INC | [OPLN](https://holderbook.com/stocks/OPLN/) | $1.8M | 42,443 | 0.2% | 21 |
| ACUSHNET HLDGS CORP | [GOLF](https://holderbook.com/stocks/GOLF/) | $1.7M | 14,740 | 0.2% | 10 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $1.7M | 3,394 | 0.2% | 22 |
| FLEX LTD | [FLEX](https://holderbook.com/stocks/FLEX/) | $1.7M | 10,553 | 0.2% | 21 |
| VICTORIAS SECRET AND CO | [VSXY](https://holderbook.com/stocks/VSXY/) | $1.6M | 19,709 | 0.2% | 4 |
| VERISIGN INC | [VRSN](https://holderbook.com/stocks/VRSN/) | $1.6M | 6,456 | 0.2% | 22 |
| WATTS WATER TECHNOLOGIES INC | [WTS](https://holderbook.com/stocks/WTS/) | $1.6M | 4,126 | 0.2% | 5 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.6M | 1,327 | 0.2% | 15 |
| ADEIA INC | [ADEA](https://holderbook.com/stocks/ADEA/) | $1.5M | 47,060 | 0.2% | 15 |
| PRIMO BRANDS CORPORATION | [PRMB](https://holderbook.com/stocks/PRMB/) | $1.5M | 63,314 | 0.2% | 7 |
| MILLROSE PPTYS INC | [MRP](https://holderbook.com/stocks/MRP/) | $1.5M | 51,221 | 0.2% | 5 |
| SIMPSON MFG INC | [SSD](https://holderbook.com/stocks/SSD/) | $1.5M | 7,331 | 0.2% | 21 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $1.5M | 3,067 | 0.2% | 22 |
| UNITED PARCEL SVCS INC | [UPS](https://holderbook.com/stocks/UPS/) | $1.5M | 13,787 | 0.1% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.5M | 4,511 | 0.1% | 22 |
| TIMKEN CO | [TKR](https://holderbook.com/stocks/TKR/) | $1.5M | 10,091 | 0.1% | 17 |
| PERFORMANCE FOOD GROUP CO | [PFGC](https://holderbook.com/stocks/PFGC/) | $1.4M | 12,407 | 0.1% | 5 |
| SLM CORP | [SLM](https://holderbook.com/stocks/SLM/) | $1.4M | 52,994 | 0.1% | 1 |
| ENPRO INC | [NPO](https://holderbook.com/stocks/NPO/) | $1.4M | 3,626 | 0.1% | 5 |
| ARLO TECHNOLOGIES INC | [ARLO](https://holderbook.com/stocks/ARLO/) | $1.4M | 101,346 | 0.1% | 21 |
| FLUOR CORP | [FLR](https://holderbook.com/stocks/FLR/) | $1.4M | 25,917 | 0.1% | 4 |
| BANK MONTREAL MEDIUM | [BMO](https://holderbook.com/stocks/BMO/) | $1.4M | 7,660 | 0.1% | 2 |
| KYMERA THERAPEUTICS INC | [KYMR](https://holderbook.com/stocks/KYMR/) | $1.4M | 11,780 | 0.1% | 1 |
| DICKS SPORTING GOODS INC | [DKS](https://holderbook.com/stocks/DKS/) | $1.3M | 5,944 | 0.1% | 15 |
| PROTO LABS INC | [PRLB](https://holderbook.com/stocks/PRLB/) | $1.3M | 16,370 | 0.1% | 6 |
| LIVE NATION ENTERTAINMENT IN | [LYV](https://holderbook.com/stocks/LYV/) | $1.3M | 7,215 | 0.1% | 2 |
| ISHARES INC | [EWZ](https://holderbook.com/stocks/EWZ/) | $1.3M | 38,210 | 0.1% | 12 |
| ATI INC | [ATI](https://holderbook.com/stocks/ATI/) | $1.3M | 6,652 | 0.1% | 4 |
| EXTREME NETWORKS INC | [EXTR](https://holderbook.com/stocks/EXTR/) | $1.3M | 40,118 | 0.1% | 4 |
| MATERION CORP | [MTRN](https://holderbook.com/stocks/MTRN/) | $1.3M | 4,357 | 0.1% | 18 |
| MADRIGAL PHARMACEUTICALS INC | [MDGL](https://holderbook.com/stocks/MDGL/) | $1.3M | 2,410 | 0.1% | 1 |
| LANDSTAR SYS INC | [LSTR](https://holderbook.com/stocks/LSTR/) | $1.3M | 6,165 | 0.1% | 5 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $1.3M | 28,179 | 0.1% | 12 |
| OUTFRONT MEDIA INC | [OUT](https://holderbook.com/stocks/OUT/) | $1.2M | 37,912 | 0.1% | 6 |
| FIVE9 INC | [FIVN](https://holderbook.com/stocks/FIVN/) | $1.2M | 58,199 | 0.1% | 11 |
| ACADIA PHARMACEUTICALS INC | [ACAD](https://holderbook.com/stocks/ACAD/) | $1.2M | 48,794 | 0.1% | 4 |
| ICHOR HOLDINGS | [ICHR](https://holderbook.com/stocks/ICHR/) | $1.2M | 10,968 | 0.1% | 5 |
| ATLANTA BRAVES HLDGS INC | [BATRK](https://holderbook.com/stocks/BATRK/) | $1.2M | 23,468 | 0.1% | 5 |
| BANK NOVA SCOTIA B C | [BNS](https://holderbook.com/stocks/BNS/) | $1.2M | 13,640 | 0.1% | 4 |
| EVEREST GROUP LTD | [EG](https://holderbook.com/stocks/EG/) | $1.2M | 3,305 | 0.1% | 12 |
| ORION GROUP HLDGS INC | [ORN](https://holderbook.com/stocks/ORN/) | $1.2M | 69,830 | 0.1% | 12 |
| SHOPIFY INC | [SHOP](https://holderbook.com/stocks/SHOP/) | $1.2M | 10,253 | 0.1% | 22 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $1.2M | 6,899 | 0.1% | 6 |
| PARK HOTELS & RESORTS INC | [PK](https://holderbook.com/stocks/PK/) | $1.2M | 82,234 | 0.1% | 10 |
| AZZ INC | [AZZ](https://holderbook.com/stocks/AZZ/) | $1.2M | 7,535 | 0.1% | 5 |
| CANADIAN IMPERIAL BANK OF CO | [CM](https://holderbook.com/stocks/CM/) | $1.2M | 10,070 | 0.1% | 4 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +17.4% | +14.8% | +2.6% | 100% |
| Q1 2026 | -1.8% | -4.6% | +2.9% | 100% |
| Q4 2025 | +2.8% | +2.4% | +0.4% | 99% |
| Q3 2025 | +9.0% | +7.8% | +1.2% | 100% |
| Q2 2025 | +10.6% | +10.5% | +0.1% | 100% |
| Q1 2025 | -5.8% | -4.6% | -1.2% | 100% |
| Q4 2024 | +0.8% | +2.1% | -1.4% | 100% |
| Q3 2024 | +6.7% | +5.4% | +1.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $989.1M | 1,872 |
| Q1 2026 | $843.7M | 1,780 |
| Q4 2025 | $913.0M | 1,780 |
| Q3 2025 | $877.3M | 1,813 |
| Q2 2025 | $818.4M | 1,828 |
| Q1 2025 | $754.3M | 1,620 |
| Q4 2024 | $783.9M | 1,587 |
| Q3 2024 | $700.7M | 1,667 |
| Q2 2024 | $607.5M | 1,640 |
| Q1 2024 | $600.7M | 1,599 |
| Q4 2023 | $536.9M | 1,595 |
| Q3 2023 | $464.4M | 1,588 |