Central Bank & Trust Co.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 14, 2025), Central Bank & Trust Co. reported 181 stock positions worth $598.6 million. Its top holding was Nvidia (NVDA) at 11.1% of the portfolio, followed by Apple (AAPL, 3.5%) and Franklin Dynamic Municipal B (FLMI, 3.0%). Compared with Q4 2024, it opened 9 new positions, sold out of 8, added to 59 and reduced 93. The biggest buy was a new position in Lam Research (LRCX) and the biggest sale Nvidia (NVDA, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- LEXINGTON, KY
- CIK
- 0001175954
- Portfolio Value
- $598.6M (Q1 2025)
- SEC Filing
- 0001175954-25-000005 ↗ filed Apr 14, 2025
Holdings Value
Holdings 181 stocks · $598.6M
| NVDA Nvidia Corp. | 11.07% | 611,477 | $66.3M | Reduce -2.1% |
| AAPL Apple Inc. | 3.47% | 93,517 | $20.8M | Add +6.9% |
| FLMI Franklin Dynamic Municipal B | 3.02% | 739,782 | $18.1M | Reduce -1.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.01% | 32,175 | $18.0M | Add +1.6% |
| GOOGL Alphabet Inc. Class A | 2.48% | 95,823 | $14.8M | Add +0.3% |
| MSFT Microsoft Corp. | 2.31% | 36,900 | $13.9M | Add +3.8% |
| COST Costco Wholesale Corp. | 2.30% | 14,534 | $13.7M | Reduce -1.6% |
| AGG iShares Core U.S. Aggregate | 2.29% | 138,780 | $13.7M | Reduce -29.1% |
| AMZN Amazon.com Inc. | 2.26% | 71,098 | $13.5M | Add +0.7% |
| V Visa Inc. Class A | 2.24% | 38,195 | $13.4M | Reduce -0.4% |
| META Meta Platforms Inc. Class A | 1.99% | 20,638 | $11.9M | Reduce -2.3% |
| EFA iShares MSCI Eafe ETF | 1.99% | 145,526 | $11.9M | Reduce -27.2% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.92% | 208,214 | $11.5M | Reduce -37.0% |
| VEA Vanguard Ftse Developed ETF | 1.81% | 213,529 | $10.9M | Reduce -10.5% |
| CMBS iShares CMBS ETF | 1.56% | 194,449 | $9.3M | Reduce -6.4% |
| VWO Vanguard Ftse Emerging Marke | 1.48% | 195,421 | $8.8M | Reduce -25.4% |
| SPGI S&P Global Inc. | 1.45% | 17,041 | $8.7M | Reduce -13.1% |
| KYTFX Dupree KY Tax FR Inc. filed as KY T/F INCOME SERIES | 1.44% | 1,218,714 | $8.6M | Reduce -3.2% |
| ISRG Intuitive Surgical Inc. | 1.40% | 16,963 | $8.4M | Reduce -1.0% |
| MDY State Street SPDR S&P Midcap | 1.35% | 15,189 | $8.1M | Reduce -16.0% |
| MA Mastercard Inc. Class A | 1.33% | 14,530 | $8.0M | Reduce -1.6% |
| AMGN Amgen Inc. | 1.29% | 24,761 | $7.7M | Reduce -8.0% |
| ADBE Adobe Inc. | 1.25% | 19,543 | $7.5M | Reduce -2.9% |
| IWM iShares Russell 2000 ETF | 1.21% | 36,441 | $7.3M | Reduce -10.6% |
| UNH Unitedhealth Group Inc. | 1.21% | 13,793 | $7.2M | Reduce -4.6% |
| URI United Rentals Inc. | 1.20% | 11,466 | $7.2M | Reduce -1.6% |
| CAT Caterpillar Inc. | 1.18% | 21,449 | $7.1M | Reduce -8.9% |
| INTU Intuit Inc. | 1.15% | 11,210 | $6.9M | Reduce -16.9% |
| PGR Progressive Corp. | 1.11% | 23,543 | $6.7M | Reduce -16.1% |
| ACM Aecom | 1.05% | 67,974 | $6.3M | Reduce -5.7% |
| LRCX Lam Research Corp. | 1.02% | 84,284 | $6.1M | New |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.97% | 73,835 | $5.8M | Reduce -18.0% |
| MCO Moody's Corp. | 0.96% | 12,276 | $5.7M | Reduce -16.6% |
| DKS Dick's Sporting Goods Inc. | 0.95% | 28,115 | $5.7M | Reduce -3.1% |
| WMB Williams Cos Inc. | 0.94% | 93,784 | $5.6M | Reduce -7.7% |
| VLO Valero Energy Corp. | 0.84% | 37,860 | $5.0M | Reduce -3.0% |
| QCOM Qualcomm Inc. | 0.78% | 30,410 | $4.7M | Reduce -5.4% |
| SYK Stryker Corp. | 0.74% | 11,934 | $4.4M | Reduce -1.2% |
| EEM iShares MSCI Emerging Market | 0.74% | 101,234 | $4.4M | Reduce -5.4% |
| TSCO Tractor Supply Company | 0.74% | 80,059 | $4.4M | Reduce -7.6% |
| JPM JPMorgan Chase & Co. | 0.71% | 17,253 | $4.2M | Add +1.6% |
| MRK Merck & Co. Inc. | 0.69% | 46,092 | $4.1M | Reduce -10.0% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.68% | 63,078 | $4.0M | Reduce -22.8% |
| CB Chubb Ltd. | 0.67% | 13,323 | $4.0M | Add +0.2% |
| SHW The Sherwin-Williams Co. | 0.66% | 11,255 | $3.9M | Reduce -21.8% |
| NUE Nucor Corp. | 0.65% | 32,171 | $3.9M | Reduce -0.9% |
| IJH iShares Core S&P Midcap ETF | 0.64% | 65,739 | $3.8M | Reduce -0.7% |
| DHI D.R. Horton Inc. | 0.56% | 26,602 | $3.4M | Reduce -10.6% |
| NFLX Netflix Inc. | 0.55% | 3,506 | $3.3M | Reduce -6.3% |
| IJR iShares Core S&P Small-Cap E | 0.53% | 30,587 | $3.2M | Reduce -1.0% |
| SCHW Schwab (charles) Corp. | 0.51% | 39,031 | $3.1M | Reduce -8.8% |
| NTAP Netapp Inc. | 0.49% | 33,342 | $2.9M | Reduce -22.0% |
| MCD McDonald's Corp. | 0.48% | 9,141 | $2.9M | Reduce -17.4% |
| DE Deere & Co. | 0.47% | 6,032 | $2.8M | Reduce -4.1% |
| HSY The Hershey Co. | 0.47% | 16,292 | $2.8M | Reduce -17.8% |
| WMT Walmart Inc. | 0.46% | 31,634 | $2.8M | Add +3.6% |
| IVV iShares Core S&P 500 ETF | 0.43% | 4,606 | $2.6M | Add +10.6% |
| AVGO Broadcom Inc. | 0.41% | 14,782 | $2.5M | Add +41.1% |
| HD Home Depot Inc. | 0.41% | 6,615 | $2.4M | Reduce -2.6% |
| EMB iShares JP Morgan Usd Emergi | 0.40% | 26,674 | $2.4M | Reduce -2.8% |
| ODFL Old Dominion Freight Line | 0.40% | 14,487 | $2.4M | Reduce -10.6% |
| KMB Kimberly-Clark Corp. | 0.39% | 16,381 | $2.3M | Reduce -11.6% |
| PG The Procter & Gamble Co. | 0.38% | 13,335 | $2.3M | Add +3.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.38% | 18,623 | $2.3M | Reduce -0.7% |
| CMCSA Comcast Corp. Class A | 0.37% | 59,270 | $2.2M | Reduce -29.4% |
| CSCO Cisco Systems Inc. | 0.32% | 31,303 | $1.9M | Reduce -7.3% |
| NTFIX Dupree NC Tax Free Income | 0.32% | 181,638 | $1.9M | No change |
| NXPI NXP Semiconductors NV | 0.32% | 9,943 | $1.9M | Add +125.4% |
| LLY Eli Lilly & Co. | 0.31% | 2,273 | $1.9M | Add +0.6% |
| KLAC KLA Corp. | 0.31% | 2,719 | $1.8M | Reduce -7.5% |
| UNP Union Pacific Corp. | 0.31% | 7,777 | $1.8M | Add +3.2% |
| NOW ServiceNow Inc. | 0.30% | 2,229 | $1.8M | Add +123.8% |
| KMI Kinder Morgan Inc. | 0.30% | 62,113 | $1.8M | Add +0.1% |
| XLV SS Health Care Select Sector | 0.29% | 12,013 | $1.8M | Add +20.9% |
| CRM Salesforce Inc. | 0.29% | 6,535 | $1.8M | Add +3.3% |
| ABT Abbott Laboratories | 0.29% | 13,211 | $1.8M | Reduce -6.6% |
| ORCL Oracle Corp. | 0.28% | 12,072 | $1.7M | Add +2.4% |
| XEL Xcel Energy Inc. | 0.27% | 23,099 | $1.6M | Add +1.2% |
| HON Honeywell International Inc. | 0.26% | 7,306 | $1.5M | Add +26.1% |
| CBOE Cboe Global Markets Inc. | 0.26% | 6,783 | $1.5M | Add +40.8% |
| PH Parker Hannifin Corp. | 0.25% | 2,499 | $1.5M | Reduce -5.1% |
| EQT Eqt Corp. | 0.25% | 28,420 | $1.5M | Reduce -1.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.25% | 18,695 | $1.5M | Add +54.3% |
| NOC Northrop Grumman Corp. | 0.24% | 2,854 | $1.5M | Add +52.0% |
| ZTS Zoetis Inc. | 0.24% | 8,835 | $1.5M | Reduce -47.5% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.24% | 20,755 | $1.4M | Reduce -23.4% |
| LMT Lockheed Martin Corp. | 0.24% | 3,211 | $1.4M | Reduce -8.4% |
| PWR Quanta Services Inc. | 0.24% | 5,572 | $1.4M | Add +79.0% |
| MCK McKesson Corp. | 0.23% | 2,014 | $1.4M | Add +49.2% |
| REGN Regeneron Pharmaceuticals | 0.23% | 2,132 | $1.4M | Add +26.2% |
| APO Apollo Global Management Inc. | 0.22% | 9,563 | $1.3M | Reduce -5.7% |
| AMAT Applied Materials Inc. | 0.21% | 8,803 | $1.3M | Reduce -40.4% |
| EXPE Expedia Group Inc. | 0.21% | 7,324 | $1.2M | Add +57.7% |
| PANW Palo Alto Networks Inc. | 0.20% | 7,166 | $1.2M | Add +43.1% |
| DD Dupont DE Nemours Inc. | 0.20% | 16,282 | $1.2M | Add +4.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.20% | 12,171 | $1.2M | Add +106.2% |
| KO The Coca-Cola Co. | 0.19% | 16,094 | $1.2M | Add +21.9% |
| TGT Target Corp. | 0.19% | 10,847 | $1.1M | Add +406.6% |
| AEE Ameren Corporation | 0.19% | 11,168 | $1.1M | Add +3.5% |
| PPG PPG Industries Inc. | 0.18% | 9,719 | $1.1M | Add +47.4% |
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -2.1% | 11.07% | −1.63 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -37.0% | 1.92% | −0.86 |
| AGG iShares Core U.S. Aggregate | Reduce -29.1% | 2.29% | −0.58 |
| EFA iShares MSCI Eafe ETF | Reduce -27.2% | 1.99% | −0.30 |
| VWO Vanguard Ftse Emerging Marke | Reduce -25.4% | 1.48% | −0.27 |
| TSLA Tesla Inc. | Sold out | 0.00% | −0.26 |
| NTAP Netapp Inc. | Reduce -22.0% | 0.49% | −0.26 |
| MDY State Street SPDR S&P Midcap | Reduce -16.0% | 1.35% | −0.20 |
| LEN Lennar Corp. Class A | Sold out | 0.00% | −0.17 |
| ZTS Zoetis Inc. | Reduce -47.5% | 0.24% | −0.17 |
| AMAT Applied Materials Inc. | Reduce -40.4% | 0.21% | −0.15 |
| IWM iShares Russell 2000 ETF | Reduce -10.6% | 1.21% | −0.15 |
| SCZ iShares MSCI Eafe Small-Cap | Reduce -57.8% | 0.13% | −0.13 |
| INTU Intuit Inc. | Reduce -16.9% | 1.15% | −0.13 |
| DHR Danaher Corp. | Reduce -54.1% | 0.10% | −0.13 |
| MAR Marriott International Class A | Reduce -63.6% | 0.06% | −0.12 |
| ACM Aecom | Reduce -5.7% | 1.05% | −0.11 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -23.4% | 0.24% | −0.11 |
| CMCSA Comcast Corp. Class A | Reduce -29.4% | 0.37% | −0.11 |
| CAT Caterpillar Inc. | Reduce -8.9% | 1.18% | −0.11 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -22.8% | 0.68% | −0.10 |
| ADBE Adobe Inc. | Reduce -2.9% | 1.25% | −0.10 |
| MCO Moody's Corp. | Reduce -16.6% | 0.96% | −0.10 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -18.0% | 0.97% | −0.10 |
| ASML ASML Holding NV-NY Reg SHS | Sold out | 0.00% | −0.09 |
| SHW The Sherwin-Williams Co. | Reduce -21.8% | 0.66% | −0.08 |
| MRK Merck & Co. Inc. | Reduce -10.0% | 0.69% | −0.08 |
| APD Air Products & Chemicals Inc. | Reduce -65.5% | 0.04% | −0.07 |
| DHI D.R. Horton Inc. | Reduce -10.6% | 0.56% | −0.06 |
| DKS Dick's Sporting Goods Inc. | Reduce -3.1% | 0.95% | −0.06 |
| ACN Accenture PLC Class A | Reduce -46.0% | 0.06% | −0.06 |
| HSY The Hershey Co. | Reduce -17.8% | 0.47% | −0.04 |
| URI United Rentals Inc. | Reduce -1.6% | 1.20% | −0.04 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.04 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.04 |
| APO Apollo Global Management Inc. | Reduce -5.7% | 0.22% | −0.03 |
| GFS Globalfoundries Inc. | Sold out | 0.00% | −0.03 |
| ODFL Old Dominion Freight Line | Reduce -10.6% | 0.40% | −0.03 |
| NKE Nike Inc. Class B | Sold out | 0.00% | −0.03 |
| SPGI S&P Global Inc. | Reduce -13.1% | 1.45% | −0.03 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -8.4% | 0.24% | −0.02 |
| IWR iShares Russell Mid-Cap ETF | Reduce -17.1% | 0.11% | −0.02 |
| KY T/F SHORT TO MED | Reduce -32.5% | 0.04% | −0.01 |
| GILD Gilead Sciences Inc. | Reduce -30.9% | 0.13% | −0.01 |
| VTSAX VNGD Mrngst TS MK Idx FD-Adm | Reduce -19.9% | 0.05% | −0.01 |
| MCD McDonald's Corp. | Reduce -17.4% | 0.48% | −0.01 |
| LOW Lowe's Cos Inc. | Reduce -10.3% | 0.12% | −0.01 |
| TXN Texas Instruments Inc. | Reduce -14.2% | 0.06% | −0.01 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.0% | 0.53% | −0.00 |
Portfolio Buys Q4 2024 → Q1 2025
| LRCX Lam Research Corp. | New | 1.02% | +1.02 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +1.6% | 3.01% | +0.20 |
| NXPI NXP Semiconductors NV | Add +125.4% | 0.32% | +0.18 |
| AAPL Apple Inc. | Add +6.9% | 3.47% | +0.15 |
| TGT Target Corp. | Add +406.6% | 0.19% | +0.15 |
| BSX Boston Scientific Corp. | New | 0.14% | +0.14 |
| NOW ServiceNow Inc. | Add +123.8% | 0.30% | +0.14 |
| CB Chubb Ltd. | Add +0.2% | 0.67% | +0.12 |
| CBOE Cboe Global Markets Inc. | Add +40.8% | 0.26% | +0.11 |
| NOC Northrop Grumman Corp. | Add +52.0% | 0.24% | +0.11 |
| MCK McKesson Corp. | Add +49.2% | 0.23% | +0.11 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +54.3% | 0.25% | +0.11 |
| DIS The Walt Disney Co. | Add +106.2% | 0.20% | +0.10 |
| JPM JPMorgan Chase & Co. | Add +1.6% | 0.71% | +0.09 |
| PWR Quanta Services Inc. | Add +79.0% | 0.24% | +0.09 |
| XLV SS Health Care Select Sector | Add +20.9% | 0.29% | +0.09 |
| RCL Royal Caribbean Cruises Ltd. | New | 0.08% | +0.08 |
| EXPE Expedia Group Inc. | Add +57.7% | 0.21% | +0.07 |
| KO The Coca-Cola Co. | Add +21.9% | 0.19% | +0.07 |
| PANW Palo Alto Networks Inc. | Add +43.1% | 0.20% | +0.07 |
| IVV iShares Core S&P 500 ETF | Add +10.6% | 0.43% | +0.06 |
| HON Honeywell International Inc. | Add +26.1% | 0.26% | +0.06 |
| PPG PPG Industries Inc. | Add +47.4% | 0.18% | +0.06 |
| IYW iShares Ustechnology ETF | New | 0.06% | +0.06 |
| PG The Procter & Gamble Co. | Add +3.1% | 0.38% | +0.05 |
| LLY Eli Lilly & Co. | Add +0.6% | 0.31% | +0.05 |
| MSFT Microsoft Corp. | Add +3.8% | 2.31% | +0.05 |
| UNP Union Pacific Corp. | Add +3.2% | 0.31% | +0.05 |
| ULTA Ulta Beauty Inc. | Add +90.7% | 0.11% | +0.05 |
| WMT Walmart Inc. | Add +3.6% | 0.46% | +0.05 |
| AVGO Broadcom Inc. | Add +41.1% | 0.41% | +0.05 |
| CL Colgate-Palmolive Co. | New | 0.05% | +0.05 |
| AXP American Express Co. | Add +62.9% | 0.12% | +0.04 |
| TMUS T-Mobile US Inc. | Add +82.3% | 0.07% | +0.04 |
| FULIX Fed Herm Ultra SHRT BND-Inst | New | 0.04% | +0.04 |
| REGN Regeneron Pharmaceuticals | Add +26.2% | 0.23% | +0.04 |
| AEE Ameren Corporation | Add +3.5% | 0.19% | +0.04 |
| XEL Xcel Energy Inc. | Add +1.2% | 0.27% | +0.04 |
| ETN Eaton Corp. PLC | New | 0.04% | +0.04 |
| MMM 3M Co. | New | 0.04% | +0.04 |
| CVX Chevron Corp. | Add +5.0% | 0.15% | +0.04 |
| KMI Kinder Morgan Inc. | Add +0.1% | 0.30% | +0.04 |
| BAC Bank of America Corp. | New | 0.04% | +0.04 |
| XOM Exxon Mobil Corp. | Add +8.3% | 0.15% | +0.04 |
| GE General Electric | Add +16.1% | 0.10% | +0.04 |
| SHV iShares 0-1 Year Treasury Bo | Add +17.6% | 0.15% | +0.04 |
| MBB iShares MBS ETF | Add +26.7% | 0.10% | +0.03 |
| T AT&T Inc. | Add +13.2% | 0.07% | +0.03 |
| DD Dupont DE Nemours Inc. | Add +4.5% | 0.20% | +0.02 |
| AEP American Electric Power | Add +20.8% | 0.05% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 185 | $705.3M | NVDA, GOOGL, LRCX, AAPL, SPY |
| Q1 2026 | 180 | $636.4M | NVDA, GOOGL, AAPL, FLMI, SPY |
| Q4 2025 | 179 | $646.7M | NVDA, GOOGL, AAPL, SPY, FLMI |
| Q3 2025 | 179 | $634.4M | NVDA, AAPL, GOOGL, SPY, MSFT |
| Q2 2025 | 180 | $611.6M | NVDA, SPY, AAPL, MSFT, FLMI |
| Q1 2025 | 181 | $598.6M | NVDA, AAPL, FLMI, SPY, GOOGL |
| Q4 2024 | 180 | $660.6M | NVDA, AAPL, AGG, SPY, FLMI |
| Q3 2024 | 193 | $725.4M | NVDA, AGG, FLMI, AAPL, EMXC |
| Q2 2024 | 358 | $719.2M | NVDA, AGG, EMXC, AAPL, SPY |
| Q1 2024 | 335 | $701.5M | NVDA, AGG, SPY, EMXC, AAPL |