North Dakota Department of Trust Lands is a sovereign wealth fund that invests North Dakota’s oil revenues to finance public schools across the state
North Dakota Department of Trust Lands
United States
$10
Joseph Heringer
Frank Mihail
Marlo M. Oaks (State Treasurer)
31% Domestic Equity
20% International Equity
7% Private Equity
23% Domestic Fixed Income
19% Global Real Assets
Asset allocation as of June 30, 2025. All information is as per the most recent annual report or other publicly available data via the fund's website
| Fund Name | Country | AUM ($B) | Articles | More Info |
|---|---|---|---|---|
California State Teachers Retirement System (CalSTRS) | United States | $368 | 133 | View Info |
University of Texas/Texas A&M Investment Company (UTIMCO) | United States | $68 | 10 | View Info |
Swedish Fund Selection Agency | Sweden | $108 | 4 | View Info |




