State of Wyoming
The State of Wyoming’s investment program is managed by the Wyoming State Treasurer's Office, headquartered in Cheyenne, Wyoming. It operates as a sovereign wealth fund, investing over $32 billion in assets for the benefit of the state's public finances. The team consists of around 10 investment professionals and serves the state government and its various subdivisions by managing permanent and non-permanent funds, each with specific mandates and asset allocations. The earnings from its investments provide over 30% of Wyoming’s annual spending budget.
Investment Strategy
The investment strategy of the State of Wyoming sovereign wealth fund aims to achieve the highest risk-adjusted return within the parameters set by Wyoming statutes and its investment policy statement. Assets are managed through a combination of internal and external managers, leveraging advanced investment technologies. The fund is divided into 13 distinct pools, including permanent and non-permanent funds, each following its own asset allocation, risk, and spending policies. The overarching focus is on long-term sustainability, capital preservation, and supporting Wyoming’s budget requirements.
Top Holdings
Equity Positions (1,797)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | 20.40% | $167.0M | 270,275 | $455.87 | $617.85 | +$7.2M |
E EFA | ISHARES TR | 3.95% | $32.3M | 361,337 | $68.98 | $89.39 | -$7.7M |
N NVDA | NVIDIA CORPORATION | 1.47% | $12.1M | 76,299 | $93.80 | $157.99 | +$3.9M |
A AAPL | APPLE INC | 1.34% | $11.0M | 53,574 | $207.13 | $205.17 | -$126.1K |
E EMXC | ISHARES INC | 1.31% | $10.7M | 170,131 | $50.09 | $63.14 | -$1.7M |