Established in 1976 to preserve the state's oil and mineral wealth for future generations, the Alaska Permanent Fund Corporation's invests revenues from oil and gas leases into stocks, ETFs, bonds, and commodities. The total value of the fund is just shy of 7 billion dollars.

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President Trump wants to follow in Alaska's footsteps and has instructed the Treasury Dept. to setup a similar fund for the Federal government.

If we look at Alaska's holdings, we might get an idea of what Trump is planning to do.

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Here are the top 5 investments Alaska's fund holds as of their last SEC filing:

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5. T-Mobile - Alaska's fund owns $22 million dollars of mobile service provide T-Mobile’s stock.

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4. Cisco Systems - APFC owns $23 million dollars of Cisco stock, emphasizing the fund's belief in technology infrastructure and cybersecurity.

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3. Johnson & Johnson - Another $23 million of its fund goes into this healthcare giant.

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2. AT&T - the Alaska fund owns $25 million dollars worth of Telecoms Giant AT&T.

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1. Warren Buffet's Berkshire Hathaway - At the top of the list, APFC holds approximately $33 million dollars of Buffet's stock.

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The Alaska Fund also owns 171 million dollars in gold ETF shares and about $1.2 billion dollars worth of the S&P 500 index.

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Watch the video here:

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