List of U.S. states by sovereign wealth funds

Last updated

Like many countries, several U.S. states have created sovereign wealth funds to finance certain services (typically public education) or to provide general revenue to the state government itself. [1] [2] This article comprises the known such funds and their monetary amounts.

Contents

Table

RankStateFundAssetsOrigin
Value (in billions)As ofRef.
1 Alaska Alaska Permanent Fund 74.455December 2022 [3] Petroleum
2 Texas Permanent School Fund 55.624August 2022 [4] Commodity / petroleum
3 Permanent University Fund 31.763August 2022 [5]
4 New Mexico New Mexico State Investment Council Permanent Funds31.000December 2020 [6] Petroleum
5 Wyoming Wyoming Permanent/Endowment Funds12.6March 2017 [7] Minerals
6 North Dakota North Dakota Legacy Fund 8.2November 2022 [8] Petroleum
7 Alabama Alabama Trust Fund 2.5June 2016 [9] Petroleum
8 Utah State School Fund2.0March 2015 [10] Public lands
9 Louisiana Louisiana Education Quality Trust Fund 1.6June 2021 [11] Petroleum
10 Oregon Oregon Common School Fund 1.4December 2016 [12] Public lands
11 Montana Coal Severance Tax Trust Fund & Public School Trust1.2June 2016 [13] Fossil fuels / Public lands

See also

References

  1. ↑ Brenna Erford; et al. (2016-06-29). "Louisiana Voters to Decide on Severance Tax-Based Sovereign Wealth Fund". The Pew Charitable Trusts. Retrieved 2017-04-15.
  2. ↑ "From Volatile Severance Taxes to Sustained Revenue". The Pew Charitable Trusts. 2016-10-06. Retrieved 2017-04-15.
  3. ↑ "Our Performance". Alaska Permanent Fund Corporation . Retrieved 2023-02-10.
  4. ↑ Texas Permanent School Fund: Annual Comprehensive Financial Report (PDF) (Report). Texas Education Agency. 2022-08-31. p. 19. Retrieved 2023-02-10.
  5. ↑ Financial Statements and Independent Auditor's Report: Permanent University Fund (PDF) (Report). The University of Texas/Texas A&M Investment Management Company. 2022. p. 5. Retrieved 2023-02-10.
  6. ↑ 2021 Report to Stakeholders (PDF) (Report). New Mexico State Investment Council. 2021. p. 4. Retrieved 2023-02-10.
  7. ↑ Wyoming State Treasurer's Office (2017-03-31). "Wyoming State Investment Portfolio" (PDF). Wyoming State Government. Retrieved 2017-04-15.
  8. ↑ Retirement & Investment Office (2023-01-28). "Legacy Fund". North Dakota State Government. Retrieved 2023-01-28.
  9. ↑ Office of State Treasurer (2017). "Alabama Trust Fund". Alabama State Government. Retrieved 2017-04-15.
  10. ↑ Utah State Treasurer (2017). "State School and Institutional Trust Funds". Utah State Government. Retrieved 2017-04-15.
  11. ↑ Louisiana Department of the Treasury (2021). "Investments, State Trust Fund Balances & Earnings". Louisiana State Government. Retrieved 2025-03-26.
  12. ↑ Oregon State Treasury (2017). "Funds Under Management". Oregon State Government. Retrieved 2017-04-15.
  13. ↑ "Montana Board of Investments 2016 Annual Report" (PDF). Montana Board of Investments. 2016-12-28. Retrieved 2017-04-15.
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