Central Bank & Trust Co.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 16, 2025), Central Bank & Trust Co. reported 180 stock positions worth $660.6 million. Its top holding was Nvidia (NVDA) at 12.7% of the portfolio, followed by Apple (AAPL, 3.3%) and iShares Core U.S. Aggregate (AGG, 2.9%). Compared with Q3 2024, it opened 2 new positions, sold out of 15, added to 27 and reduced 122. The biggest buy was iShares Russell 2000 ETF (IWM, shares +3%) and the biggest sale an exit from Lam Research (LRCX).

Most Recent 13F
Q2 2026
Location
LEXINGTON, KY
CIK
0001175954
Portfolio Value
$660.6M (Q4 2024)
SEC Filing
0001175954-25-000002 ↗ filed Jan 16, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $701.5M Q1 2024 Q2 2024: $719.2M Q2 2024 Q3 2024: $725.4M Q3 2024 Q4 2024: $660.6M $660.6M Q4 2024 Q1 2025: $598.6M Q1 2025 Q2 2025: $611.6M Q2 2025 Q3 2025: $634.4M Q3 2025 Q4 2025: $646.7M Q4 2025 Q1 2026: $636.4M Q1 2026 Q2 2026: $705.3M Q2 2026

Holdings 180 stocks · $660.6M
NVDA Nvidia Corp. 12.70% 624,739 $83.9M Reduce -2.6%
AAPL Apple Inc. 3.32% 87,491 $21.9M Reduce -5.0%
AGG iShares Core U.S. Aggregate 2.87% 195,726 $19.0M Reduce -11.3%
SPY SS SPDR S&P 500 ETF Trust-US 2.81% 31,682 $18.6M Reduce -9.1%
FLMI Franklin Dynamic Municipal B 2.77% 750,173 $18.3M Reduce -13.6%
EMXC iShares MSCI Emr MRK Ex Chna 2.77% 330,226 $18.3M Reduce -5.9%
GOOGL Alphabet Inc. Class A 2.74% 95,544 $18.1M Reduce -6.6%
AMZN Amazon.com Inc. 2.34% 70,606 $15.5M Reduce -10.3%
EFA iShares MSCI Eafe ETF 2.29% 199,943 $15.1M Add +1.7%
MSFT Microsoft Corp. 2.27% 35,534 $15.0M Reduce -6.4%
COST Costco Wholesale Corp. 2.05% 14,770 $13.5M Reduce -5.8%
META Meta Platforms Inc. Class A 1.87% 21,130 $12.4M Reduce -4.5%
V Visa Inc. Class A 1.84% 38,360 $12.1M Reduce -6.7%
VWO Vanguard Ftse Emerging Marke 1.75% 262,089 $11.5M Reduce -9.1%
VEA Vanguard Ftse Developed ETF 1.73% 238,476 $11.4M Add +0.0%
MDY State Street SPDR S&P Midcap 1.56% 18,074 $10.3M Add +1.6%
CMBS iShares CMBS ETF 1.48% 207,701 $9.8M Add +5.4%
SPGI S&P Global Inc. 1.48% 19,613 $9.8M Reduce -11.1%
KYTFX Dupree KY Tax FR Inc. filed as KY T/F INCOME SERIES 1.37% 1,258,431 $9.0M Reduce -3.6%
IWM iShares Russell 2000 ETF 1.36% 40,779 $9.0M Add +3.2%
ADBE Adobe Inc. 1.35% 20,121 $8.9M Reduce -8.6%
ISRG Intuitive Surgical Inc. 1.35% 17,140 $8.9M Reduce -15.2%
CAT Caterpillar Inc. 1.29% 23,549 $8.5M Reduce -6.6%
INTU Intuit Inc. 1.28% 13,488 $8.5M Reduce -10.7%
URI United Rentals Inc. 1.24% 11,656 $8.2M Reduce -16.8%
MA Mastercard Inc. Class A 1.18% 14,762 $7.8M Reduce -6.2%
ACM Aecom 1.17% 72,051 $7.7M Reduce -11.2%
UNH Unitedhealth Group Inc. 1.11% 14,464 $7.3M Reduce -12.1%
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 1.07% 90,020 $7.1M Reduce -11.3%
AMGN Amgen Inc. 1.06% 26,921 $7.0M Reduce -2.2%
MCO Moody's Corp. 1.05% 14,721 $7.0M Reduce -8.4%
PGR Progressive Corp. 1.02% 28,053 $6.7M Reduce -8.3%
DKS Dick's Sporting Goods Inc. 1.00% 29,005 $6.6M Reduce -15.8%
WMB Williams Cos Inc. 0.83% 101,598 $5.5M Reduce -7.7%
VWOB Vanguard Emerg MKTS Gov BND 0.78% 81,685 $5.2M Reduce -1.1%
MRK Merck & Co. Inc. 0.77% 51,238 $5.1M Reduce -8.6%
NTAP Netapp Inc. 0.75% 42,751 $5.0M Reduce -2.1%
QCOM Qualcomm Inc. 0.75% 32,142 $4.9M Reduce -10.3%
SHW The Sherwin-Williams Co. 0.74% 14,394 $4.9M Reduce -1.9%
VLO Valero Energy Corp. 0.72% 39,012 $4.8M Reduce -8.8%
TSCO Tractor Supply Company 0.70% 86,681 $4.6M Reduce -10.3%
EEM iShares MSCI Emerging Market 0.68% 106,985 $4.5M Add +1.1%
SYK Stryker Corp. 0.66% 12,084 $4.4M Reduce -2.0%
DHI D.R. Horton Inc. 0.63% 29,760 $4.2M Reduce -18.6%
IJH iShares Core S&P Midcap ETF 0.62% 66,230 $4.1M Reduce -0.0%
JPM JPMorgan Chase & Co. 0.62% 16,980 $4.1M Reduce -8.5%
NUE Nucor Corp. 0.57% 32,464 $3.8M Reduce -15.8%
CB Chubb Ltd. 0.56% 13,298 $3.7M Reduce -4.4%
IJR iShares Core S&P Small-Cap E 0.54% 30,886 $3.6M Add +5.3%
HSY The Hershey Co. 0.51% 19,823 $3.4M Reduce -10.6%
NFLX Netflix Inc. 0.51% 3,743 $3.3M Reduce -1.9%
MCD McDonald's Corp. 0.49% 11,070 $3.2M Reduce -0.6%
SCHW Schwab (charles) Corp. 0.48% 42,821 $3.2M Reduce -0.0%
CMCSA Comcast Corp. Class A 0.48% 83,973 $3.2M Reduce -21.5%
ODFL Old Dominion Freight Line 0.43% 16,210 $2.9M Reduce -13.3%
WMT Walmart Inc. 0.42% 30,536 $2.8M Reduce -16.5%
ZTS Zoetis Inc. 0.42% 16,844 $2.7M Reduce -3.8%
DE Deere & Co. 0.40% 6,291 $2.7M Reduce -2.3%
HD Home Depot Inc. 0.40% 6,789 $2.6M Reduce -1.1%
IVV iShares Core S&P 500 ETF 0.37% 4,165 $2.5M Add +16.5%
EMB iShares JP Morgan Usd Emergi 0.37% 27,451 $2.4M Reduce -26.6%
AVGO Broadcom Inc. 0.37% 10,476 $2.4M Reduce -18.9%
KMB Kimberly-Clark Corp. 0.37% 18,521 $2.4M Reduce -0.9%
AMAT Applied Materials Inc. 0.36% 14,767 $2.4M Reduce -24.1%
NVO Novo-Nordisk A/S-Spons ADR 0.35% 27,087 $2.3M Reduce -14.5%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.34% 18,755 $2.3M Add +9.1%
PG The Procter & Gamble Co. 0.33% 12,935 $2.2M Add +0.3%
CRM Salesforce Inc. 0.32% 6,328 $2.1M Reduce -0.4%
CSCO Cisco Systems Inc. 0.30% 33,785 $2.0M Reduce -1.5%
ORCL Oracle Corp. 0.30% 11,786 $2.0M Add +0.4%
NTFIX Dupree NC Tax Free Income 0.29% 181,638 $1.9M Reduce -0.6%
KLAC KLA Corp. 0.28% 2,938 $1.9M No change
TSLA Tesla Inc. 0.26% 4,325 $1.7M No change
LLY Eli Lilly & Co. 0.26% 2,260 $1.7M Add +0.3%
SCZ iShares MSCI Eafe Small-Cap 0.26% 28,412 $1.7M Reduce -5.1%
UNP Union Pacific Corp. 0.26% 7,535 $1.7M Reduce -18.8%
LMT Lockheed Martin Corp. 0.26% 3,507 $1.7M Reduce -10.1%
KMI Kinder Morgan Inc. 0.26% 62,018 $1.7M Add +2.4%
APO Apollo Global Management Inc. 0.25% 10,143 $1.7M Reduce -0.4%
PH Parker Hannifin Corp. 0.25% 2,633 $1.7M Reduce -0.5%
ABT Abbott Laboratories 0.24% 14,139 $1.6M Reduce -0.5%
XEL Xcel Energy Inc. 0.23% 22,833 $1.5M Reduce -10.9%
DHR Danaher Corp. 0.23% 6,648 $1.5M Reduce -9.0%
XLV SS Health Care Select Sector 0.21% 9,938 $1.4M Add +8.0%
EQT Eqt Corp. 0.20% 28,721 $1.3M Reduce -5.3%
HON Honeywell International Inc. 0.20% 5,792 $1.3M Reduce -2.1%
MAR Marriott International Class A 0.19% 4,484 $1.3M Reduce -35.3%
REGN Regeneron Pharmaceuticals 0.18% 1,689 $1.2M Reduce -13.3%
DD Dupont DE Nemours Inc. 0.18% 15,579 $1.2M Reduce -0.4%
LEN Lennar Corp. Class A 0.17% 8,387 $1.1M Add +6.1%
VWIUX Vanguard I/T Tax Exmpt-Adm 0.17% 80,929 $1.1M Reduce -0.7%
NOW ServiceNow Inc. 0.16% 996 $1.1M Reduce -5.5%
GOOG Alphabet Inc. Class C 0.15% 5,313 $1.0M Reduce -2.7%
TMO Thermo Fisher Scientific Inc. 0.15% 1,933 $1.0M Reduce -2.7%
PWR Quanta Services Inc. 0.15% 3,112 $984K Reduce -7.0%
AEE Ameren Corporation 0.15% 10,790 $962K Add +0.5%
CBOE Cboe Global Markets Inc. 0.14% 4,817 $941K Reduce -1.0%
GILD Gilead Sciences Inc. 0.14% 10,091 $932K Add +0.5%
XLU St Sr Utl SL SE SPDR ETF-Usd 0.14% 12,118 $917K Reduce -1.8%
NXPI NXP Semiconductors NV 0.14% 4,412 $917K Add +1.1%

Show all 180 holdings

Portfolio Sells Q3 2024 → Q4 2024
LRCX Lam Research Corp. Sold out 0.00% −1.04
DHI D.R. Horton Inc. Reduce -18.6% 0.63% −0.33
URI United Rentals Inc. Reduce -16.8% 1.24% −0.32
NUE Nucor Corp. Reduce -15.8% 0.57% −0.23
UNH Unitedhealth Group Inc. Reduce -12.1% 1.11% −0.22
FLMI Franklin Dynamic Municipal B Reduce -13.6% 2.77% −0.22
ADBE Adobe Inc. Reduce -8.6% 1.35% −0.22
XLK SS Technology Select Sector Sold out 0.00% −0.21
AGG iShares Core U.S. Aggregate Reduce -11.3% 2.87% −0.21
EMXC iShares MSCI Emr MRK Ex Chna Reduce -5.9% 2.77% −0.19
AMAT Applied Materials Inc. Reduce -24.1% 0.36% −0.18
NVO Novo-Nordisk A/S-Spons ADR Reduce -14.5% 0.35% −0.17
AMGN Amgen Inc. Reduce -2.2% 1.06% −0.16
VWO Vanguard Ftse Emerging Marke Reduce -9.1% 1.75% −0.16
CMCSA Comcast Corp. Class A Reduce -21.5% 0.48% −0.14
EMB iShares JP Morgan Usd Emergi Reduce -26.6% 0.37% −0.11
MRK Merck & Co. Inc. Reduce -8.6% 0.77% −0.11
REGN Regeneron Pharmaceuticals Reduce -13.3% 0.18% −0.10
SPGI S&P Global Inc. Reduce -11.1% 1.48% −0.09
QCOM Qualcomm Inc. Reduce -10.3% 0.75% −0.09
AVUV Avantis US Small Cap Value Sold out 0.00% −0.08
ODFL Old Dominion Freight Line Reduce -13.3% 0.43% −0.08
TSCO Tractor Supply Company Reduce -10.3% 0.70% −0.08
HSY The Hershey Co. Reduce -10.6% 0.51% −0.08
VLO Valero Energy Corp. Reduce -8.8% 0.72% −0.07
DGRO iShares Core Dividend Growth Sold out 0.00% −0.07
ASML ASML Holding NV-NY Reg SHS Reduce -37.4% 0.09% −0.07
CAT Caterpillar Inc. Reduce -6.6% 1.29% −0.07
LMT Lockheed Martin Corp. Reduce -10.1% 0.26% −0.06
ZTS Zoetis Inc. Reduce -3.8% 0.42% −0.06
IDU iShares US Utilities ETF Sold out 0.00% −0.06
UNP Union Pacific Corp. Reduce -18.8% 0.26% −0.06
DIA SS SPDR Dow Jones Indus Avg Sold out 0.00% −0.05
PGR Progressive Corp. Reduce -8.3% 1.02% −0.05
RSPT Invesco S&P 500 Equal Weight Sold out 0.00% −0.05
HYG Ishr Ibx Usd Hiyld CB ETF-Ui Reduce -11.3% 1.07% −0.05
HTD John Hancock Tax Adv DVD Inc. Sold out 0.00% −0.05
DHR Danaher Corp. Reduce -9.0% 0.23% −0.05
MAR Marriott International Class A Reduce -35.3% 0.19% −0.05
IAU iShares Gold Trust Reduce -51.4% 0.05% −0.04
TFC Truist Financial Corp. Sold out 0.00% −0.04
BBEU JPMorgan Betabuilders Europe Sold out 0.00% −0.04
IYH iShares U.S. Healthcare ETF Sold out 0.00% −0.04
HUM Humana Inc. Reduce -15.2% 0.11% −0.04
VZ Verizon Communications Inc. Sold out 0.00% −0.03
ABBV Abbvie Inc. Reduce -36.9% 0.06% −0.03
FISV Fiserv Inc. Reduce -36.6% 0.13% −0.03
SHW The Sherwin-Williams Co. Reduce -1.9% 0.74% −0.03
SLADX Selected American Shares-D Sold out 0.00% −0.03
UPS United Parcel Service Class B Reduce -29.6% 0.08% −0.03

Portfolio Buys Q3 2024 → Q4 2024
IWM iShares Russell 2000 ETF Add +3.2% 1.36% +0.16
MDY State Street SPDR S&P Midcap Add +1.6% 1.56% +0.16
CMBS iShares CMBS ETF Add +5.4% 1.48% +0.15
IVV iShares Core S&P 500 ETF Add +16.5% 0.37% +0.09
KMI Kinder Morgan Inc. Add +2.4% 0.26% +0.07
MBB iShares MBS ETF New 0.07% +0.07
IJR iShares Core S&P Small-Cap E Add +5.3% 0.54% +0.07
TJX TJX Companies Inc. Add +9.1% 0.34% +0.06
TMUS T-Mobile US Inc. New 0.03% +0.03
GILD Gilead Sciences Inc. Add +0.5% 0.14% +0.03
MCK McKesson Corp. Add +0.3% 0.12% +0.02
PANW Palo Alto Networks Inc. Add +2.0% 0.14% +0.02
ORCL Oracle Corp. Add +0.4% 0.30% +0.02
EFA iShares MSCI Eafe ETF Add +1.7% 2.29% +0.02
PG The Procter & Gamble Co. Add +0.3% 0.33% +0.02
SHV iShares 0-1 Year Treasury Bo Add +7.0% 0.12% +0.02
CVX Chevron Corp. Add +8.2% 0.12% +0.02
AEE Ameren Corporation Add +0.5% 0.15% +0.02
MPRAX MFS Arkansas Municipal-R6 Add +10.1% 0.07% +0.01
XLV SS Health Care Select Sector Add +8.0% 0.21% +0.01
EEM iShares MSCI Emerging Market Add +1.1% 0.68% +0.01
T AT&T Inc. Add +0.4% 0.05% +0.01
PPG PPG Industries Inc. Add +0.4% 0.12% −0.00
STZ Constellation Brands Inc. Class A Add +2.4% 0.04% −0.00
NEE Nextera Energy Inc. Add +4.8% 0.07% −0.00
NXPI NXP Semiconductors NV Add +1.1% 0.14% −0.01
VEA Vanguard Ftse Developed ETF Add +0.0% 1.73% −0.01
LLY Eli Lilly & Co. Add +0.3% 0.26% −0.01
LEN Lennar Corp. Class A Add +6.1% 0.17% −0.03

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 185$705.3MNVDA, GOOGL, LRCX, AAPL, SPY
Q1 2026 180$636.4MNVDA, GOOGL, AAPL, FLMI, SPY
Q4 2025 179$646.7MNVDA, GOOGL, AAPL, SPY, FLMI
Q3 2025 179$634.4MNVDA, AAPL, GOOGL, SPY, MSFT
Q2 2025 180$611.6MNVDA, SPY, AAPL, MSFT, FLMI
Q1 2025 181$598.6MNVDA, AAPL, FLMI, SPY, GOOGL
Q4 2024 180$660.6MNVDA, AAPL, AGG, SPY, FLMI
Q3 2024 193$725.4MNVDA, AGG, FLMI, AAPL, EMXC
Q2 2024 358$719.2MNVDA, AGG, EMXC, AAPL, SPY
Q1 2024 335$701.5MNVDA, AGG, SPY, EMXC, AAPL