Central Bank & Trust Co.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 9, 2025), Central Bank & Trust Co. reported 179 stock positions worth $634.4 million. Its top holding was Nvidia (NVDA) at 11.7% of the portfolio, followed by Apple (AAPL, 3.7%) and Alphabet Class A (GOOGL, 3.6%). Compared with Q2 2025, it opened 7 new positions, sold out of 8, added to 44 and reduced 99. The biggest buy was Lam Research (LRCX, shares +0%) and the biggest sale Intuitive Surgical (ISRG, shares −9%).
- Most Recent 13F
- Q2 2026
- Location
- LEXINGTON, KY
- CIK
- 0001175954
- Portfolio Value
- $634.4M (Q3 2025)
- SEC Filing
- 0001175954-25-000010 ↗ filed Oct 9, 2025
Holdings Value
Holdings 179 stocks · $634.4M
| NVDA Nvidia Corp. | 11.72% | 398,593 | $74.4M | Reduce -6.8% |
| AAPL Apple Inc. | 3.66% | 91,095 | $23.2M | Reduce -2.1% |
| GOOGL Alphabet Inc. Class A | 3.58% | 93,331 | $22.7M | Reduce -3.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.25% | 30,969 | $20.6M | Reduce -1.9% |
| MSFT Microsoft Corp. | 2.97% | 36,372 | $18.8M | Reduce -0.9% |
| FLMI Franklin Dynamic Municipal B | 2.75% | 705,199 | $17.5M | Reduce -5.0% |
| AMZN Amazon.com Inc. | 2.48% | 71,513 | $15.7M | Add +0.8% |
| META Meta Platforms Inc. Class A | 2.36% | 20,364 | $15.0M | Add +0.4% |
| VEA Vanguard Ftse Developed ETF | 2.16% | 228,905 | $13.7M | Reduce -1.3% |
| COST Costco Wholesale Corp. | 2.01% | 13,756 | $12.7M | Reduce -3.3% |
| V Visa Inc. Class A | 1.98% | 36,861 | $12.6M | Reduce -1.4% |
| AGG iShares Core U.S. Aggregate | 1.91% | 120,778 | $12.1M | Reduce -1.5% |
| LRCX Lam Research Corp. | 1.70% | 80,491 | $10.8M | Add +0.5% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.64% | 154,386 | $10.4M | Reduce -9.8% |
| CAT Caterpillar Inc. | 1.55% | 20,544 | $9.8M | Reduce -0.6% |
| URI United Rentals Inc. | 1.53% | 10,137 | $9.7M | Reduce -8.9% |
| EFA iShares MSCI Eafe ETF | 1.50% | 102,076 | $9.5M | Reduce -3.0% |
| CMBS iShares CMBS ETF | 1.44% | 185,898 | $9.1M | Add +1.8% |
| VWO Vanguard Ftse Emerging Marke | 1.41% | 164,869 | $8.9M | Reduce -6.0% |
| MDY State Street SPDR S&P Midcap | 1.32% | 14,068 | $8.4M | Reduce -1.3% |
| ACM Aecom | 1.24% | 60,180 | $7.9M | Reduce -9.5% |
| KYTFX Dupree KY Tax FR Inc. filed as KY T/F INCOME SERIES | 1.21% | 1,073,121 | $7.7M | Reduce -0.7% |
| MA Mastercard Inc. Class A | 1.21% | 13,459 | $7.7M | Reduce -3.9% |
| SPGI S&P Global Inc. | 1.20% | 15,611 | $7.6M | Reduce -6.2% |
| IWM iShares Russell 2000 ETF | 1.15% | 30,280 | $7.3M | Reduce -5.3% |
| AMGN Amgen Inc. | 1.09% | 24,560 | $6.9M | Add +0.1% |
| ISRG Intuitive Surgical Inc. | 1.08% | 15,336 | $6.9M | Reduce -8.6% |
| INTU Intuit Inc. | 1.04% | 9,616 | $6.6M | Reduce -7.9% |
| ADBE Adobe Inc. | 1.02% | 18,297 | $6.5M | Reduce -8.0% |
| VLO Valero Energy Corp. | 0.92% | 34,410 | $5.9M | Reduce -0.2% |
| DKS Dick's Sporting Goods Inc. | 0.89% | 25,328 | $5.6M | Reduce -5.7% |
| WMB Williams Cos Inc. | 0.86% | 86,013 | $5.4M | Reduce -1.9% |
| PGR Progressive Corp. | 0.83% | 21,310 | $5.3M | Reduce -7.5% |
| JPM JPMorgan Chase & Co. | 0.82% | 16,503 | $5.2M | Reduce -1.5% |
| MCO Moody's Corp. | 0.78% | 10,373 | $4.9M | Reduce -6.1% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.77% | 60,256 | $4.9M | Reduce -5.3% |
| QCOM Qualcomm Inc. | 0.75% | 28,696 | $4.8M | Reduce -5.0% |
| AVGO Broadcom Inc. | 0.75% | 14,455 | $4.8M | Reduce -4.4% |
| SYK Stryker Corp. | 0.73% | 12,541 | $4.6M | Add +7.6% |
| WMT Walmart Inc. | 0.69% | 42,420 | $4.4M | Add +36.5% |
| IJH iShares Core S&P Midcap ETF | 0.67% | 64,911 | $4.2M | Reduce -0.7% |
| TSCO Tractor Supply Company | 0.63% | 69,754 | $4.0M | Reduce -5.5% |
| DHI D.R. Horton Inc. | 0.62% | 23,208 | $3.9M | Reduce -1.5% |
| NFLX Netflix Inc. | 0.60% | 3,200 | $3.8M | Reduce -0.7% |
| UNH Unitedhealth Group Inc. | 0.58% | 10,706 | $3.7M | Reduce -18.3% |
| SHW The Sherwin-Williams Co. | 0.57% | 10,472 | $3.6M | Reduce -0.5% |
| MRK Merck & Co. Inc. | 0.56% | 42,686 | $3.6M | Reduce -8.8% |
| SCHW Schwab (charles) Corp. | 0.56% | 37,127 | $3.5M | Reduce -0.4% |
| CB Chubb Ltd. | 0.55% | 12,342 | $3.5M | Reduce -1.3% |
| ORCL Oracle Corp. | 0.53% | 12,015 | $3.4M | Reduce -0.7% |
| VWIUX Vanguard I/T Tax Exmpt-Adm | 0.52% | 240,364 | $3.3M | Add +85.9% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.51% | 48,634 | $3.3M | Reduce -7.2% |
| EEM iShares MSCI Emerging Market | 0.50% | 59,907 | $3.2M | Reduce -3.1% |
| IVV iShares Core S&P 500 ETF | 0.48% | 4,594 | $3.1M | Reduce -14.3% |
| NTAP Netapp Inc. | 0.48% | 25,634 | $3.0M | Reduce -3.0% |
| KLAC KLA Corp. | 0.47% | 2,783 | $3.0M | Add +0.6% |
| IJR iShares Core S&P Small-Cap E | 0.43% | 23,070 | $2.7M | Reduce -0.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.42% | 18,643 | $2.7M | Add +0.3% |
| DE Deere & Co. | 0.42% | 5,789 | $2.6M | Add +1.4% |
| NUE Nucor Corp. | 0.42% | 19,500 | $2.6M | Reduce -34.9% |
| HSY The Hershey Co. | 0.41% | 13,981 | $2.6M | Reduce -5.3% |
| HD Home Depot Inc. | 0.41% | 6,432 | $2.6M | Add +0.7% |
| NXPI NXP Semiconductors NV | 0.41% | 11,317 | $2.6M | Add +2.2% |
| EMB iShares JP Morgan Usd Emergi | 0.39% | 26,235 | $2.5M | No change |
| PWR Quanta Services Inc. | 0.36% | 5,584 | $2.3M | Reduce -2.2% |
| MCD McDonald's Corp. | 0.36% | 7,490 | $2.3M | Reduce -5.7% |
| NOW ServiceNow Inc. | 0.34% | 2,338 | $2.2M | Reduce -2.2% |
| PG The Procter & Gamble Co. | 0.32% | 13,198 | $2.0M | Reduce -0.8% |
| CSCO Cisco Systems Inc. | 0.31% | 28,422 | $1.9M | Reduce -0.3% |
| KMB Kimberly-Clark Corp. | 0.30% | 15,165 | $1.9M | Reduce -0.5% |
| XLV SS Health Care Select Sector | 0.28% | 12,828 | $1.8M | Reduce -12.1% |
| NOC Northrop Grumman Corp. | 0.28% | 2,911 | $1.8M | Add +0.7% |
| ODFL Old Dominion Freight Line | 0.28% | 12,585 | $1.8M | Reduce -8.1% |
| PH Parker Hannifin Corp. | 0.27% | 2,285 | $1.7M | Reduce -0.4% |
| XEL Xcel Energy Inc. | 0.27% | 21,469 | $1.7M | Reduce -6.0% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.27% | 19,687 | $1.7M | Add +1.8% |
| SHV iShares 0-1 Year Treasury Bo | 0.27% | 15,308 | $1.7M | Reduce -22.9% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.26% | 14,502 | $1.7M | Add +1.5% |
| LLY Eli Lilly & Co. | 0.26% | 2,160 | $1.6M | Reduce -1.7% |
| UNP Union Pacific Corp. | 0.26% | 6,966 | $1.6M | Reduce -10.1% |
| EXPE Expedia Group Inc. | 0.26% | 7,581 | $1.6M | Reduce -1.6% |
| UBER Uber Technologies Inc. | 0.25% | 16,217 | $1.6M | Add +144.1% |
| ABT Abbott Laboratories | 0.25% | 11,827 | $1.6M | Reduce -2.5% |
| LMT Lockheed Martin Corp. | 0.25% | 3,145 | $1.6M | Add +0.0% |
| HON Honeywell International Inc. | 0.24% | 7,306 | $1.5M | Add +2.9% |
| EQT Eqt Corp. | 0.24% | 28,075 | $1.5M | No change |
| CBOE Cboe Global Markets Inc. | 0.24% | 6,175 | $1.5M | Reduce -9.0% |
| KMI Kinder Morgan Inc. | 0.24% | 52,910 | $1.5M | Reduce -0.7% |
| REGN Regeneron Pharmaceuticals | 0.23% | 2,599 | $1.5M | Add +25.7% |
| RCL Royal Caribbean Cruises Ltd. | 0.23% | 4,516 | $1.5M | Add +0.4% |
| PANW Palo Alto Networks Inc. | 0.21% | 6,686 | $1.4M | Add +2.0% |
| FULIX Fed Herm Ultra SHRT BND-Inst filed as FED ULTRASHORT BD CL | 0.21% | 141,046 | $1.3M | Add +326.1% |
| ZTS Zoetis Inc. | 0.20% | 8,887 | $1.3M | Add +25.7% |
| GOOG Alphabet Inc. Class C | 0.20% | 5,314 | $1.3M | Reduce -0.3% |
| MCK McKesson Corp. | 0.20% | 1,642 | $1.3M | Reduce -17.2% |
| CMCSA Comcast Corp. Class A | 0.19% | 39,265 | $1.2M | Reduce -15.7% |
| DD Dupont DE Nemours Inc. | 0.19% | 15,381 | $1.2M | Reduce -1.1% |
| GLW Corning Inc. | 0.19% | 14,572 | $1.2M | Add +42.1% |
| KO The Coca-Cola Co. | 0.18% | 17,674 | $1.2M | Add +5.6% |
| APO Apollo Global Management Inc. | 0.18% | 8,769 | $1.2M | Add +2.0% |
Portfolio Sells Q2 2025 → Q3 2025
| ISRG Intuitive Surgical Inc. | Reduce -8.6% | 1.08% | −0.41 |
| INTU Intuit Inc. | Reduce -7.9% | 1.04% | −0.31 |
| COST Costco Wholesale Corp. | Reduce -3.3% | 2.01% | −0.29 |
| NTFIX Dupree NC Tax Free Income | Sold out | 0.00% | −0.24 |
| ADBE Adobe Inc. | Reduce -8.0% | 1.02% | −0.24 |
| TGT Target Corp. | Sold out | 0.00% | −0.24 |
| SPGI S&P Global Inc. | Reduce -6.2% | 1.20% | −0.24 |
| NUE Nucor Corp. | Reduce -34.9% | 0.42% | −0.22 |
| FLMI Franklin Dynamic Municipal B | Reduce -5.0% | 2.75% | −0.19 |
| V Visa Inc. Class A | Reduce -1.4% | 1.98% | −0.19 |
| PGR Progressive Corp. | Reduce -7.5% | 0.83% | −0.18 |
| MCO Moody's Corp. | Reduce -6.1% | 0.78% | −0.13 |
| EMXC iShares MSCI Emr MRK Ex Chna | Reduce -9.8% | 1.64% | −0.12 |
| CRM Salesforce Inc. | Reduce -31.4% | 0.17% | −0.12 |
| NFLX Netflix Inc. | Reduce -0.7% | 0.60% | −0.10 |
| SHV iShares 0-1 Year Treasury Bo | Reduce -22.9% | 0.27% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -18.3% | 0.58% | −0.09 |
| LYB Lyondellbasell Indu Class A | Sold out | 0.00% | −0.09 |
| ODFL Old Dominion Freight Line | Reduce -8.1% | 0.28% | −0.08 |
| AGG iShares Core U.S. Aggregate | Reduce -1.5% | 1.91% | −0.08 |
| MA Mastercard Inc. Class A | Reduce -3.9% | 1.21% | −0.08 |
| CMCSA Comcast Corp. Class A | Reduce -15.7% | 0.19% | −0.08 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Reduce -5.3% | 0.77% | −0.07 |
| NOW ServiceNow Inc. | Reduce -2.2% | 0.34% | −0.06 |
| PPG PPG Industries Inc. | Reduce -49.7% | 0.05% | −0.06 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -12.6% | 0.13% | −0.06 |
| IVV iShares Core S&P 500 ETF | Reduce -14.3% | 0.48% | −0.06 |
| AMAT Applied Materials Inc. | Reduce -31.8% | 0.16% | −0.06 |
| XLF SS Financial Select Sector | Reduce -45.8% | 0.06% | −0.05 |
| USB US Bancorp | Sold out | 0.00% | −0.05 |
| VWOB Vanguard Emerg MKTS Gov BND | Reduce -7.2% | 0.51% | −0.05 |
| CB Chubb Ltd. | Reduce -1.3% | 0.55% | −0.04 |
| SLB SLB Ltd. | Sold out | 0.00% | −0.04 |
| WMB Williams Cos Inc. | Reduce -1.9% | 0.86% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -8.8% | 0.56% | −0.04 |
| XLV SS Health Care Select Sector | Reduce -12.1% | 0.28% | −0.04 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.04 |
| MCK McKesson Corp. | Reduce -17.2% | 0.20% | −0.04 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.04 |
| EFA iShares MSCI Eafe ETF | Reduce -3.0% | 1.50% | −0.04 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.03 |
| QCOM Qualcomm Inc. | Reduce -5.0% | 0.75% | −0.03 |
| UPS United Parcel Service Class B | Reduce -29.0% | 0.04% | −0.03 |
| UNP Union Pacific Corp. | Reduce -10.1% | 0.26% | −0.03 |
| PG The Procter & Gamble Co. | Reduce -0.8% | 0.32% | −0.03 |
| MPRAX MFS Arkansas Municipal-R6 | Reduce -30.8% | 0.05% | −0.02 |
| KYTFX Dupree KY Tax FR Inc. | Reduce -0.7% | 1.21% | −0.02 |
| KMB Kimberly-Clark Corp. | Reduce -0.5% | 0.30% | −0.02 |
| MCD McDonald's Corp. | Reduce -5.7% | 0.36% | −0.02 |
| LLY Eli Lilly & Co. | Reduce -1.7% | 0.26% | −0.02 |
Portfolio Buys Q2 2025 → Q3 2025
| LRCX Lam Research Corp. | Add +0.5% | 1.70% | +0.42 |
| VWIUX Vanguard I/T Tax Exmpt-Adm | Add +85.9% | 0.52% | +0.23 |
| WMT Walmart Inc. | Add +36.5% | 0.69% | +0.19 |
| FULIX Fed Herm Ultra SHRT BND-Inst | Add +326.1% | 0.21% | +0.16 |
| UBER Uber Technologies Inc. | Add +144.1% | 0.25% | +0.15 |
| MU Micron Technology Inc. | New | 0.12% | +0.12 |
| GLW Corning Inc. | Add +42.1% | 0.19% | +0.10 |
| BX Blackstone Inc. | New | 0.07% | +0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +108.8% | 0.14% | +0.07 |
| MPC Marathon Petroleum Corp. | Add +81.5% | 0.14% | +0.07 |
| KLAC KLA Corp. | Add +0.6% | 0.47% | +0.07 |
| WM Waste Management Inc. | New | 0.07% | +0.07 |
| REGN Regeneron Pharmaceuticals | Add +25.7% | 0.23% | +0.05 |
| TJX TJX Companies Inc. | Add +0.3% | 0.42% | +0.05 |
| IAU iShares Gold Trust | Add +19.8% | 0.17% | +0.04 |
| NOC Northrop Grumman Corp. | Add +0.7% | 0.28% | +0.04 |
| CINF Cincinnati Financial Corp. | New | 0.04% | +0.04 |
| TSLA Tesla Inc. | New | 0.04% | +0.04 |
| SLADX Selected American Shares-D | New | 0.03% | +0.03 |
| VB Vanguard Most SM-Cap ETF-Usd | New | 0.03% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +7.4% | 0.16% | +0.03 |
| HD Home Depot Inc. | Add +0.7% | 0.41% | +0.03 |
| IBM Intl Business Machines Corp. | Add +38.4% | 0.12% | +0.03 |
| LOW Lowe's Cos Inc. | Add +14.6% | 0.13% | +0.03 |
| ZTS Zoetis Inc. | Add +25.7% | 0.20% | +0.02 |
| GE General Electric | Add +4.8% | 0.15% | +0.02 |
| ABBV Abbvie Inc. | Add +7.1% | 0.08% | +0.02 |
| GLD SPDR Gold Shares | Add +11.5% | 0.08% | +0.02 |
| CVX Chevron Corp. | Add +6.2% | 0.15% | +0.01 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Add +1.8% | 0.27% | +0.01 |
| NXPI NXP Semiconductors NV | Add +2.2% | 0.41% | +0.01 |
| LMT Lockheed Martin Corp. | Add +0.0% | 0.25% | +0.01 |
| BAC Bank of America Corp. | Add +14.9% | 0.05% | +0.01 |
| VOO Vanguard S&P 500 ETF | Add +1.4% | 0.12% | +0.01 |
| RCL Royal Caribbean Cruises Ltd. | Add +0.4% | 0.23% | +0.00 |
| CTAS Cintas Corp. | Add +3.7% | 0.04% | −0.00 |
| PANW Palo Alto Networks Inc. | Add +2.0% | 0.21% | −0.00 |
| EOG EOG Resources Inc. | Add +4.0% | 0.13% | −0.01 |
| KO The Coca-Cola Co. | Add +5.6% | 0.18% | −0.01 |
| ACN Accenture PLC Class A | Add +2.5% | 0.05% | −0.01 |
| APO Apollo Global Management Inc. | Add +2.0% | 0.18% | −0.02 |
| CMBS iShares CMBS ETF | Add +1.8% | 1.44% | −0.02 |
| BSX Boston Scientific Corp. | Add +2.8% | 0.17% | −0.02 |
| SYK Stryker Corp. | Add +7.6% | 0.73% | −0.02 |
| DIS The Walt Disney Co. | Add +1.5% | 0.26% | −0.03 |
| HON Honeywell International Inc. | Add +2.9% | 0.24% | −0.03 |
| AMGN Amgen Inc. | Add +0.1% | 1.09% | −0.03 |
| FISV Fiserv Inc. | Add +0.5% | 0.08% | −0.03 |
| DE Deere & Co. | Add +1.4% | 0.42% | −0.06 |
| AMZN Amazon.com Inc. | Add +0.8% | 2.48% | −0.07 |
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 |