State Farm Growth Fund

Advisers Investment Trust · 1 share class

Actively managed U.S. equity fund
One fund, 1 share class:STFGX
$9.93B NAV
282 positions · as of 2026-06-30 · filed 2026-08-28

Fund classification

Classified from what the fund holds · as of 2026 Q2

State Farm Growth Fund is an actively managed U.S. equity fund. 15% of STFGX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 95% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q1

State Farm Growth Fund (the Fund or the Growth Fund) seeks long-term growth of capital, which may be supplemented by income.

Strategy · summarised

The fund invests at least 80% of assets in equity securities selected by its sub-adviser, Northern Trust Investments, Inc., using a proprietary quality score to identify companies with strong profitability, cash flows, and capital efficiency within their sectors, while maintaining sector weights within 3% to 5% of the S&P 500 Index. The sub-adviser employs a long-term ownership approach but may sell holdings to realize gains, limit losses, or redeploy into higher-quality or lower-volatility opportunities. Because the fund seeks to match sector weights to the S&P 500 rather than hold all index constituents, its returns may diverge from the index.

Expenses
0.12%one share class
Share classGrossNet
STFGX0.15%0.12%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 29.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.08%
of net assets
Stocks99.45%
Cash & short-term0.50%
Derivatives0.13%
Bonds0.01%

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Information Technology28.4%
Health Care13.3%
Industrials11.8%
Communication Services9.5%
11 smaller37.0%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
15%of stock holdings in top-quartile growers
covering 95% of the fund’s equity
Earnings growth
21%of stock holdings in top-quartile growers
covering 90% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 7 new20 exited

New: EPR, International Monetary Market, MTN, ASH, CCL, CDNS, UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT

Largest exited: IMM, PLTR, BBY, STWD, FIS, NOW, VST, PYPL

Return profile

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

1-year
+36.22%
3-year
+75.52%
5-year
58 of 60 months
Volatility
11.27%
Worst 3-yr fall
-8.45%
Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30

Avg coupon
0.00%
Avg maturity
0.29 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

0%
floating
Zero-coupon or unclassified100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y
<1y100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
APPLE INCAAPL9.74%$967.90M
NVIDIA CORPNVDA7.15%$710.20M
CATERPILLAR INCCAT6.68%$663.91M
JOHNSON & JOHNSONJNJ5.43%$539.82M
ALPHABET INCGOOGL5.25%$521.58M
ASML HOLDING NV4.11%$408.40M
MICROSOFT CORPMSFT3.23%$320.75M
ELI LILLY & COMPANYLLY2.82%$279.95M
WALMART INCWMT2.79%$276.69M
VULCAN MATERIALS COMPANYVMC2.51%$249.22M
Showing 10 of 282Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 49.71% of net assets, top 25 71.20%, across 281 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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