Stocks/Funds/CIK 943712

WASHINGTON STATE INVESTMENT BOARD

long-term holderconcentrated
Quarterly 13F filings · Latest period 2026-03-31 · CIK 943712
Assets
$251M
-3.5% YoY
Holdings
2
Lifetime alpha vs market
-1.84% annual
Average hold time
3.6 yr
median 3.6 yr

Quarterly history

Cum return +41% vs S&P +52% · α -11% lifetimeAUM $251M · peak $964MFlow $-83M (-27%)2015-122020-122021-122022-122023-122024-122025-122026-03
AUM ($B)fundS&P 500(gap = α)/ Flow in/out

Behavior signals (lifetime)

Dip response
+0.00%
trims when stocks drop
when a holding falls −10%+
Middle response
+0.00%
baseline attrition
Rally response
+0.00%
adds into rallies
when a holding rises +10%+

Top positions · 2

Ticker$ value% portYoYHold time
$193M76.8%3.5 yr
FIPFTAI Infrastructure Inc.$58M23.2%+11.8%3.8 yr

Portfolio composition (YoY)

Industry mix
Unknown76.8%-2.7pp$193M
Conglomerates23.2%+2.7pp$58M
Country
Unknown76.8%-2.7pp
US23.2%+2.7pp
Top 5: 100.0% · Top 10: 100.0% · Top 25: 100.0%

Winners

TickerPrev $PnLYoY %
FIP$53M+0.01B11.8%

Losers

TickerPrev $PnLYoY %

Top buys this quarter · 0

No buys this quarter

Top sells this quarter · 1

$0M

Quarterly history (TTM returns)

PeriodAUM# PosReturn (1yr)SPY (1yr)Alpha (1yr)Flow
2026-03-31$251M2+11.76%+17.59%-5.83%-0.08B
2025-12-31$310M2-35.40%+17.72%-53.12%+0.00B
2025-09-30$290M2-52.74%+17.52%-70.26%+0.11B
2025-06-30$256M2-27.57%+14.94%-42.51%-0.10B
2025-03-31$260M2-27.18%+8.30%-35.49%+0.02B
2024-12-31$384M2+89.57%+24.89%+64.69%-0.37B
2024-09-30$964M2+197.07%+36.04%+161.03%-0.08B
2024-06-30$959M2+139.43%+24.49%+114.94%+0.09B
2024-03-31$633M2+116.01%+29.62%+86.39%-0.07B
2023-12-31$431M2+37.00%+26.18%+10.82%+0.03B
2023-09-30$333M2+24.04%+21.57%+2.47%+0.02B
2023-06-30$353M2+30.85%+19.42%+11.43%-0.10B
2023-03-31$365M2-19.64%-7.82%-11.82%+0.12B
2022-12-31$237M2+10.30%+7.56%+2.74%+0.01B
2022-09-30$205M2-7.47%-4.93%-2.54%-0.01B
2022-06-30$228M1-23.51%-16.11%-7.40%-0.00B