South Dakota Fund Trims VTOL Stake by $35.24 Million After 40% Rally

South Dakota Investment Council sold 801,900 Bristow Group shares, reducing its holding value by $9.18 million amid a 40% stock surge. South Dakota Investment Council sold 801,900 shares of Bristow Group (NYSE:VTOL) for an estimated $35.24 million, according to an SEC fili

South Dakota Investment Council sold 801,900 Bristow Group shares, reducing its holding value by $9.18 million amid a 40% stock surge.

South Dakota Investment Council sold 801,900 shares of Bristow Group (NYSE:VTOL) for an estimated $35.24 million, according to an SEC filing dated May 18, 2026. The sale was calculated using the average closing price for Q1 2026, reducing the fund’s quarter-end position value by $9.18 million.

Bristow Group’s stock has risen 40% over the past year, outperforming the S&P 500’s 28% gain. After the sale, VTOL represented 1.8% of the fund’s 13F reportable assets, down from prior levels. The fund’s top holdings include VWO, AGG, NVDA, AAPL, and MSFT.

Shares of Bristow Group closed at $41.64 on Friday, reflecting continued investor interest in the aviation services provider amid strong sector performance.

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