Central Bank & Trust Co.
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed July 9, 2025), Central Bank & Trust Co. reported 180 stock positions worth $611.6 million. Its top holding was Nvidia (NVDA) at 11.1% of the portfolio, followed by SS SPDR S&P 500 ETF Trust-US (SPY, 3.2%) and Apple (AAPL, 3.1%). Compared with Q1 2025, it opened 6 new positions, sold out of 7, added to 35 and reduced 115. The biggest buy was Vanguard Ftse Developed ETF (VEA, shares +9%) and the biggest sale Unitedhealth (UNH, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- LEXINGTON, KY
- CIK
- 0001175954
- Portfolio Value
- $611.6M (Q2 2025)
- SEC Filing
- 0001175954-25-000008 ↗ filed Jul 9, 2025
Holdings Value
Holdings 180 stocks · $611.6M
| NVDA Nvidia Corp. | 11.05% | 427,888 | $67.6M | Reduce -30.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.19% | 31,553 | $19.5M | Reduce -1.9% |
| AAPL Apple Inc. | 3.12% | 93,044 | $19.1M | Reduce -0.5% |
| MSFT Microsoft Corp. | 2.99% | 36,708 | $18.3M | Reduce -0.5% |
| FLMI Franklin Dynamic Municipal B | 2.94% | 741,931 | $18.0M | Add +0.3% |
| GOOGL Alphabet Inc. Class A | 2.78% | 96,505 | $17.0M | Add +0.7% |
| AMZN Amazon.com Inc. | 2.55% | 70,973 | $15.6M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 2.45% | 20,291 | $15.0M | Reduce -1.7% |
| COST Costco Wholesale Corp. | 2.30% | 14,218 | $14.1M | Reduce -2.2% |
| V Visa Inc. Class A | 2.17% | 37,371 | $13.3M | Reduce -2.2% |
| VEA Vanguard Ftse Developed ETF | 2.16% | 232,014 | $13.2M | Add +8.7% |
| AGG iShares Core U.S. Aggregate | 1.99% | 122,631 | $12.2M | Reduce -11.6% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.77% | 171,196 | $10.8M | Reduce -17.8% |
| EFA iShares MSCI Eafe ETF | 1.54% | 105,244 | $9.4M | Reduce -27.7% |
| ISRG Intuitive Surgical Inc. | 1.49% | 16,782 | $9.1M | Reduce -1.1% |
| CMBS iShares CMBS ETF | 1.46% | 182,706 | $8.9M | Reduce -6.0% |
| SPGI S&P Global Inc. | 1.44% | 16,650 | $8.8M | Reduce -2.3% |
| VWO Vanguard Ftse Emerging Marke | 1.42% | 175,366 | $8.7M | Reduce -10.3% |
| URI United Rentals Inc. | 1.37% | 11,134 | $8.4M | Reduce -2.9% |
| INTU Intuit Inc. | 1.34% | 10,444 | $8.2M | Reduce -6.8% |
| MDY State Street SPDR S&P Midcap | 1.32% | 14,258 | $8.1M | Reduce -6.1% |
| CAT Caterpillar Inc. | 1.31% | 20,675 | $8.0M | Reduce -3.6% |
| MA Mastercard Inc. Class A | 1.29% | 14,003 | $7.9M | Reduce -3.6% |
| LRCX Lam Research Corp. | 1.27% | 80,106 | $7.8M | Reduce -5.0% |
| ADBE Adobe Inc. | 1.26% | 19,886 | $7.7M | Add +1.8% |
| KYTFX Dupree KY Tax FR Inc. filed as KY T/F INCOME SERIES | 1.23% | 1,080,856 | $7.5M | Reduce -11.3% |
| ACM Aecom | 1.23% | 66,468 | $7.5M | Reduce -2.2% |
| IWM iShares Russell 2000 ETF | 1.13% | 31,960 | $6.9M | Reduce -12.3% |
| AMGN Amgen Inc. | 1.12% | 24,544 | $6.9M | Reduce -0.9% |
| PGR Progressive Corp. | 1.01% | 23,041 | $6.1M | Reduce -2.1% |
| MCO Moody's Corp. | 0.91% | 11,051 | $5.5M | Reduce -10.0% |
| WMB Williams Cos Inc. | 0.90% | 87,633 | $5.5M | Reduce -6.6% |
| DKS Dick's Sporting Goods Inc. | 0.87% | 26,861 | $5.3M | Reduce -4.5% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.84% | 63,647 | $5.1M | Reduce -13.8% |
| JPM JPMorgan Chase & Co. | 0.79% | 16,759 | $4.9M | Reduce -2.9% |
| QCOM Qualcomm Inc. | 0.79% | 30,197 | $4.8M | Reduce -0.7% |
| VLO Valero Energy Corp. | 0.76% | 34,466 | $4.6M | Reduce -9.0% |
| SYK Stryker Corp. | 0.75% | 11,658 | $4.6M | Reduce -2.3% |
| NFLX Netflix Inc. | 0.71% | 3,221 | $4.3M | Reduce -8.1% |
| AVGO Broadcom Inc. | 0.68% | 15,115 | $4.2M | Add +2.3% |
| UNH Unitedhealth Group Inc. | 0.67% | 13,099 | $4.1M | Reduce -5.0% |
| IJH iShares Core S&P Midcap ETF | 0.66% | 65,346 | $4.1M | Reduce -0.6% |
| TSCO Tractor Supply Company | 0.64% | 73,781 | $3.9M | Reduce -7.8% |
| NUE Nucor Corp. | 0.63% | 29,942 | $3.9M | Reduce -6.9% |
| MRK Merck & Co. Inc. | 0.61% | 46,789 | $3.7M | Add +1.5% |
| CB Chubb Ltd. | 0.59% | 12,500 | $3.6M | Reduce -6.2% |
| SHW The Sherwin-Williams Co. | 0.59% | 10,524 | $3.6M | Reduce -6.5% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.56% | 52,389 | $3.4M | Reduce -16.9% |
| SCHW Schwab (charles) Corp. | 0.56% | 37,291 | $3.4M | Reduce -4.5% |
| IVV iShares Core S&P 500 ETF | 0.54% | 5,364 | $3.3M | Add +16.5% |
| WMT Walmart Inc. | 0.50% | 31,077 | $3.0M | Reduce -1.8% |
| DHI D.R. Horton Inc. | 0.50% | 23,565 | $3.0M | Reduce -11.4% |
| EEM iShares MSCI Emerging Market | 0.49% | 61,846 | $3.0M | Reduce -38.9% |
| DE Deere & Co. | 0.47% | 5,711 | $2.9M | Reduce -5.3% |
| NTAP Netapp Inc. | 0.46% | 26,420 | $2.8M | Reduce -20.8% |
| ORCL Oracle Corp. | 0.43% | 12,095 | $2.6M | Add +0.2% |
| IJR iShares Core S&P Small-Cap E | 0.41% | 23,208 | $2.5M | Reduce -24.1% |
| KLAC KLA Corp. | 0.41% | 2,767 | $2.5M | Add +1.8% |
| NOW ServiceNow Inc. | 0.40% | 2,390 | $2.5M | Add +7.2% |
| HSY The Hershey Co. | 0.40% | 14,755 | $2.4M | Reduce -9.4% |
| EMB iShares JP Morgan Usd Emergi | 0.40% | 26,235 | $2.4M | Reduce -1.6% |
| NXPI NXP Semiconductors NV | 0.40% | 11,073 | $2.4M | Add +11.4% |
| HD Home Depot Inc. | 0.38% | 6,390 | $2.3M | Reduce -3.4% |
| MCD McDonald's Corp. | 0.38% | 7,939 | $2.3M | Reduce -13.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.38% | 18,590 | $2.3M | Reduce -0.2% |
| ODFL Old Dominion Freight Line | 0.36% | 13,696 | $2.2M | Reduce -5.5% |
| SHV iShares 0-1 Year Treasury Bo | 0.36% | 19,842 | $2.2M | Add +139.5% |
| PWR Quanta Services Inc. | 0.35% | 5,709 | $2.2M | Add +2.5% |
| PG The Procter & Gamble Co. | 0.35% | 13,305 | $2.1M | Reduce -0.2% |
| CSCO Cisco Systems Inc. | 0.32% | 28,505 | $2.0M | Reduce -8.9% |
| XLV SS Health Care Select Sector | 0.32% | 14,587 | $2.0M | Add +21.4% |
| KMB Kimberly-Clark Corp. | 0.32% | 15,239 | $2.0M | Reduce -7.0% |
| UNP Union Pacific Corp. | 0.29% | 7,751 | $1.8M | Reduce -0.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.29% | 14,286 | $1.8M | Add +17.4% |
| CRM Salesforce Inc. | 0.29% | 6,466 | $1.8M | Reduce -1.1% |
| VWIUX Vanguard I/T Tax Exmpt-Adm | 0.28% | 129,301 | $1.7M | Add +79.4% |
| LLY Eli Lilly & Co. | 0.28% | 2,198 | $1.7M | Reduce -3.3% |
| CMCSA Comcast Corp. Class A | 0.27% | 46,584 | $1.7M | Reduce -21.4% |
| HON Honeywell International Inc. | 0.27% | 7,099 | $1.7M | Reduce -2.8% |
| ABT Abbott Laboratories | 0.27% | 12,134 | $1.7M | Reduce -8.2% |
| EQT Eqt Corp. | 0.27% | 28,075 | $1.6M | Reduce -1.2% |
| PH Parker Hannifin Corp. | 0.26% | 2,294 | $1.6M | Reduce -8.2% |
| CBOE Cboe Global Markets Inc. | 0.26% | 6,783 | $1.6M | No change |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.26% | 19,337 | $1.6M | Add +3.4% |
| KMI Kinder Morgan Inc. | 0.26% | 53,270 | $1.6M | Reduce -14.2% |
| XEL Xcel Energy Inc. | 0.25% | 22,851 | $1.6M | Reduce -1.1% |
| NTFIX Dupree NC Tax Free Income | 0.24% | 143,324 | $1.5M | Reduce -21.1% |
| TGT Target Corp. | 0.24% | 14,876 | $1.5M | Add +37.1% |
| LMT Lockheed Martin Corp. | 0.24% | 3,144 | $1.5M | Reduce -2.1% |
| MCK McKesson Corp. | 0.24% | 1,983 | $1.5M | Reduce -1.5% |
| NOC Northrop Grumman Corp. | 0.24% | 2,892 | $1.4M | Add +1.3% |
| RCL Royal Caribbean Cruises Ltd. | 0.23% | 4,496 | $1.4M | Add +93.5% |
| AMAT Applied Materials Inc. | 0.22% | 7,479 | $1.4M | Reduce -15.0% |
| PANW Palo Alto Networks Inc. | 0.22% | 6,557 | $1.3M | Reduce -8.5% |
| EXPE Expedia Group Inc. | 0.21% | 7,705 | $1.3M | Add +5.2% |
| APO Apollo Global Management Inc. | 0.20% | 8,594 | $1.2M | Reduce -10.1% |
| KO The Coca-Cola Co. | 0.19% | 16,730 | $1.2M | Add +4.0% |
| NVO Novo-Nordisk A/S-Spons ADR | 0.19% | 16,758 | $1.2M | Reduce -19.3% |
| BSX Boston Scientific Corp. | 0.19% | 10,759 | $1.2M | Add +30.5% |
| ZTS Zoetis Inc. | 0.18% | 7,071 | $1.1M | Reduce -20.0% |
Portfolio Sells Q1 2025 → Q2 2025
| UNH Unitedhealth Group Inc. | Reduce -5.0% | 0.67% | −0.54 |
| EFA iShares MSCI Eafe ETF | Reduce -27.7% | 1.54% | −0.45 |
| AAPL Apple Inc. | Reduce -0.5% | 3.12% | −0.35 |
| AGG iShares Core U.S. Aggregate | Reduce -11.6% | 1.99% | −0.30 |
| EEM iShares MSCI Emerging Market | Reduce -38.9% | 0.49% | −0.25 |
| KYTFX Dupree KY Tax FR Inc. | Reduce -11.3% | 1.23% | −0.21 |
| AMGN Amgen Inc. | Reduce -0.9% | 1.12% | −0.17 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -17.8% | 1.77% | −0.15 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -13.8% | 0.84% | −0.13 |
| SCZ iShares MSCI Eafe Small-Cap | Sold out | 0.00% | −0.13 |
| IJR iShares Core S&P Small-Cap E | Reduce -24.1% | 0.41% | −0.12 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -16.9% | 0.56% | −0.12 |
| PGR Progressive Corp. | Reduce -2.1% | 1.01% | −0.11 |
| CMBS iShares CMBS ETF | Reduce -6.0% | 1.46% | −0.10 |
| TSCO Tractor Supply Company | Reduce -7.8% | 0.64% | −0.10 |
| MCD McDonald's Corp. | Reduce -13.2% | 0.38% | −0.10 |
| CMCSA Comcast Corp. Class A | Reduce -21.4% | 0.27% | −0.09 |
| IWM iShares Russell 2000 ETF | Reduce -12.3% | 1.13% | −0.09 |
| CB Chubb Ltd. | Reduce -6.2% | 0.59% | −0.08 |
| DKS Dick's Sporting Goods Inc. | Reduce -4.5% | 0.87% | −0.08 |
| VLO Valero Energy Corp. | Reduce -9.0% | 0.76% | −0.08 |
| NTFIX Dupree NC Tax Free Income | Reduce -21.1% | 0.24% | −0.07 |
| D Dominion Energy Inc. | Sold out | 0.00% | −0.07 |
| DHI D.R. Horton Inc. | Reduce -11.4% | 0.50% | −0.07 |
| KMB Kimberly-Clark Corp. | Reduce -7.0% | 0.32% | −0.07 |
| V Visa Inc. Class A | Reduce -2.2% | 2.17% | −0.07 |
| PPG PPG Industries Inc. | Reduce -38.5% | 0.11% | −0.07 |
| SHW The Sherwin-Williams Co. | Reduce -6.5% | 0.59% | −0.07 |
| HSY The Hershey Co. | Reduce -9.4% | 0.40% | −0.07 |
| MAR Marriott International Class A | Sold out | 0.00% | −0.06 |
| ZTS Zoetis Inc. | Reduce -20.0% | 0.18% | −0.06 |
| DHR Danaher Corp. | Reduce -56.6% | 0.04% | −0.06 |
| VWO Vanguard Ftse Emerging Marke | Reduce -10.3% | 1.42% | −0.06 |
| IYW iShares Ustechnology ETF | Sold out | 0.00% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -19.3% | 0.19% | −0.05 |
| MCO Moody's Corp. | Reduce -10.0% | 0.91% | −0.05 |
| REGN Regeneron Pharmaceuticals | Reduce -3.0% | 0.18% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -3.6% | 1.29% | −0.04 |
| KY T/F SHORT TO MED | Sold out | 0.00% | −0.04 |
| KMI Kinder Morgan Inc. | Reduce -14.2% | 0.26% | −0.04 |
| ODFL Old Dominion Freight Line | Reduce -5.5% | 0.36% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -2.5% | 0.13% | −0.04 |
| WMB Williams Cos Inc. | Reduce -6.6% | 0.90% | −0.04 |
| TMUS T-Mobile US Inc. | Reduce -37.8% | 0.04% | −0.03 |
| MBB iShares MBS ETF | Reduce -31.8% | 0.07% | −0.03 |
| LLY Eli Lilly & Co. | Reduce -3.3% | 0.28% | −0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | Sold out | 0.00% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -0.2% | 0.35% | −0.03 |
| MDY State Street SPDR S&P Midcap | Reduce -6.1% | 1.32% | −0.03 |
| NTAP Netapp Inc. | Reduce -20.8% | 0.46% | −0.03 |
Portfolio Buys Q1 2025 → Q2 2025
| VEA Vanguard Ftse Developed ETF | Add +8.7% | 2.16% | +0.35 |
| GOOGL Alphabet Inc. Class A | Add +0.7% | 2.78% | +0.31 |
| AVGO Broadcom Inc. | Add +2.3% | 0.68% | +0.27 |
| SHV iShares 0-1 Year Treasury Bo | Add +139.5% | 0.36% | +0.21 |
| RCL Royal Caribbean Cruises Ltd. | Add +93.5% | 0.23% | +0.15 |
| ORCL Oracle Corp. | Add +0.2% | 0.43% | +0.15 |
| VWIUX Vanguard I/T Tax Exmpt-Adm | Add +79.4% | 0.28% | +0.12 |
| PWR Quanta Services Inc. | Add +2.5% | 0.35% | +0.12 |
| IVV iShares Core S&P 500 ETF | Add +16.5% | 0.54% | +0.11 |
| NOW ServiceNow Inc. | Add +7.2% | 0.40% | +0.11 |
| UBER Uber Technologies Inc. | New | 0.10% | +0.10 |
| KLAC KLA Corp. | Add +1.8% | 0.41% | +0.10 |
| DIS The Walt Disney Co. | Add +17.4% | 0.29% | +0.09 |
| NXPI NXP Semiconductors NV | Add +11.4% | 0.40% | +0.08 |
| GLD SPDR Gold Shares | New | 0.06% | +0.06 |
| IAU iShares Gold Trust | Add +80.5% | 0.13% | +0.06 |
| TGT Target Corp. | Add +37.1% | 0.24% | +0.05 |
| BSX Boston Scientific Corp. | Add +30.5% | 0.19% | +0.05 |
| FITB Fifth Third Bancorp | New | 0.05% | +0.05 |
| GEV GE Vernova Inc. | New | 0.04% | +0.04 |
| MLM Martin Marietta Materials | New | 0.04% | +0.04 |
| AMD Advanced Micro Devices | New | 0.03% | +0.03 |
| XLV SS Health Care Select Sector | Add +21.4% | 0.32% | +0.03 |
| GE General Electric | Add +0.1% | 0.13% | +0.03 |
| GLW Corning Inc. | Add +12.5% | 0.09% | +0.02 |
| IBM Intl Business Machines Corp. | Add +5.1% | 0.09% | +0.02 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +3.4% | 0.26% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +0.8% | 0.12% | +0.01 |
| EXPE Expedia Group Inc. | Add +5.2% | 0.21% | +0.01 |
| FULIX Fed Herm Ultra SHRT BND-Inst | Add +17.2% | 0.05% | +0.01 |
| ADBE Adobe Inc. | Add +1.8% | 1.26% | +0.01 |
| KO The Coca-Cola Co. | Add +4.0% | 0.19% | +0.00 |
| VNQ Vanguard Real Estate ETF | Add +3.6% | 0.11% | −0.00 |
| UPS United Parcel Service Class B | Add +8.9% | 0.08% | −0.00 |
| EOG EOG Resources Inc. | Add +5.8% | 0.14% | −0.01 |
| NOC Northrop Grumman Corp. | Add +1.3% | 0.24% | −0.01 |
| XOM Exxon Mobil Corp. | Add +0.0% | 0.13% | −0.02 |
| CVX Chevron Corp. | Add +1.9% | 0.13% | −0.02 |
| FISV Fiserv Inc. | Add +1.9% | 0.12% | −0.03 |
| FLMI Franklin Dynamic Municipal B | Add +0.3% | 2.94% | −0.08 |
| MRK Merck & Co. Inc. | Add +1.5% | 0.61% | −0.09 |
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 |