Central Bank & Trust Co.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 9, 2026), Central Bank & Trust Co. reported 179 stock positions worth $646.7 million. Its top holding was Nvidia (NVDA) at 11.2% of the portfolio, followed by Alphabet Class A (GOOGL, 4.4%) and Apple (AAPL, 3.8%). Compared with Q3 2025, it opened 4 new positions, sold out of 4, added to 37 and reduced 104. The biggest buy was iShares Russell 2000 ETF (IWM, shares +98%) and the biggest sale Nvidia (NVDA, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- LEXINGTON, KY
- CIK
- 0001175954
- Portfolio Value
- $646.7M (Q4 2025)
- SEC Filing
- 0001175954-26-000002 ↗ filed Jan 9, 2026
Holdings Value
Holdings 179 stocks · $646.7M
| NVDA Nvidia Corp. | 11.17% | 387,380 | $72.2M | Reduce -2.8% |
| GOOGL Alphabet Inc. Class A | 4.44% | 91,825 | $28.7M | Reduce -1.6% |
| AAPL Apple Inc. | 3.79% | 90,173 | $24.5M | Reduce -1.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 3.11% | 29,506 | $20.1M | Reduce -4.7% |
| FLMI Franklin Dynamic Municipal B | 2.71% | 705,428 | $17.5M | Add +0.0% |
| MSFT Microsoft Corp. | 2.64% | 35,272 | $17.1M | Reduce -3.0% |
| AMZN Amazon.com Inc. | 2.56% | 71,640 | $16.5M | Add +0.2% |
| IWM iShares Russell 2000 ETF | 2.28% | 59,850 | $14.7M | Add +97.7% |
| VEA Vanguard Ftse Developed ETF | 2.20% | 227,524 | $14.2M | Reduce -0.6% |
| LRCX Lam Research Corp. | 2.10% | 79,447 | $13.6M | Reduce -1.3% |
| META Meta Platforms Inc. Class A | 2.07% | 20,245 | $13.4M | Reduce -0.6% |
| V Visa Inc. Class A | 2.06% | 37,947 | $13.3M | Add +3.0% |
| AGG iShares Core U.S. Aggregate | 1.99% | 128,716 | $12.9M | Add +6.6% |
| COST Costco Wholesale Corp. | 1.79% | 13,393 | $11.5M | Reduce -2.6% |
| CAT Caterpillar Inc. | 1.78% | 20,085 | $11.5M | Reduce -2.2% |
| EMXC iShares MSCI Emr MRK Ex Chna | 1.70% | 151,517 | $11.0M | Reduce -1.9% |
| SPGI S&P Global Inc. | 1.45% | 17,979 | $9.4M | Add +15.2% |
| EFA iShares MSCI Eafe ETF | 1.44% | 97,015 | $9.3M | Reduce -5.0% |
| CMBS iShares CMBS ETF | 1.42% | 187,420 | $9.2M | Add +0.8% |
| MDY State Street SPDR S&P Midcap | 1.38% | 14,841 | $9.0M | Add +5.5% |
| ISRG Intuitive Surgical Inc. | 1.33% | 15,162 | $8.6M | Reduce -1.1% |
| VWO Vanguard Ftse Emerging Marke | 1.30% | 156,643 | $8.4M | Reduce -5.0% |
| KYTFX Dupree KY Tax FR Inc. filed as KY T/F INCOME SERIES | 1.23% | 1,106,115 | $8.0M | Add +3.1% |
| AMGN Amgen Inc. | 1.23% | 24,375 | $8.0M | Reduce -0.8% |
| MA Mastercard Inc. Class A | 1.18% | 13,413 | $7.7M | Reduce -0.3% |
| URI United Rentals Inc. | 1.14% | 9,145 | $7.4M | Reduce -9.8% |
| INTU Intuit Inc. | 0.98% | 9,556 | $6.3M | Reduce -0.6% |
| ADBE Adobe Inc. | 0.96% | 17,759 | $6.2M | Reduce -2.9% |
| VLO Valero Energy Corp. | 0.89% | 35,164 | $5.7M | Add +2.2% |
| ACM Aecom | 0.88% | 59,422 | $5.7M | Reduce -1.3% |
| SYK Stryker Corp. | 0.84% | 15,521 | $5.5M | Add +23.8% |
| JPM JPMorgan Chase & Co. | 0.80% | 16,134 | $5.2M | Reduce -2.2% |
| WMB Williams Cos Inc. | 0.79% | 85,123 | $5.1M | Reduce -1.0% |
| MCO Moody's Corp. | 0.79% | 9,941 | $5.1M | Reduce -4.2% |
| DKS Dick's Sporting Goods Inc. | 0.77% | 25,263 | $5.0M | Reduce -0.3% |
| AVGO Broadcom Inc. | 0.77% | 14,377 | $5.0M | Reduce -0.5% |
| QCOM Qualcomm Inc. | 0.76% | 28,629 | $4.9M | Reduce -0.2% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.76% | 60,637 | $4.9M | Add +0.6% |
| PGR Progressive Corp. | 0.74% | 21,001 | $4.8M | Reduce -1.4% |
| WMT Walmart Inc. | 0.69% | 39,984 | $4.5M | Reduce -5.7% |
| IJH iShares Core S&P Midcap ETF | 0.66% | 65,136 | $4.3M | Add +0.3% |
| CB Chubb Ltd. | 0.60% | 12,342 | $3.9M | No change |
| IJR iShares Core S&P Small-Cap E | 0.57% | 30,703 | $3.7M | Add +33.1% |
| SCHW Schwab (charles) Corp. | 0.57% | 36,627 | $3.7M | Reduce -1.4% |
| TSCO Tractor Supply Company | 0.55% | 70,906 | $3.5M | Add +1.6% |
| VWIUX Vanguard I/T Tax Exmpt-Adm | 0.53% | 248,427 | $3.4M | Add +3.4% |
| DHI D.R. Horton Inc. | 0.52% | 23,128 | $3.3M | Reduce -0.3% |
| KLAC KLA Corp. | 0.51% | 2,692 | $3.3M | Reduce -3.3% |
| VWOB Vanguard Emerg MKTS Gov BND | 0.50% | 48,128 | $3.2M | Reduce -1.0% |
| SHW The Sherwin-Williams Co. | 0.49% | 9,839 | $3.2M | Reduce -6.0% |
| NUE Nucor Corp. | 0.49% | 19,315 | $3.2M | Reduce -0.9% |
| EEM iShares MSCI Emerging Market | 0.49% | 57,461 | $3.1M | Reduce -4.1% |
| IVV iShares Core S&P 500 ETF | 0.49% | 4,583 | $3.1M | Reduce -0.2% |
| MRK Merck & Co. Inc. | 0.48% | 29,470 | $3.1M | Reduce -31.0% |
| NFLX Netflix Inc. | 0.45% | 31,090 | $2.9M | Reduce -2.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.44% | 18,643 | $2.9M | No change |
| NTAP Netapp Inc. | 0.42% | 25,260 | $2.7M | Reduce -1.5% |
| DE Deere & Co. | 0.41% | 5,626 | $2.6M | Reduce -2.8% |
| UNH Unitedhealth Group Inc. | 0.40% | 7,803 | $2.6M | Reduce -27.1% |
| EMB iShares JP Morgan Usd Emergi | 0.40% | 26,646 | $2.6M | Add +1.6% |
| HSY The Hershey Co. | 0.39% | 13,897 | $2.5M | Reduce -0.6% |
| ORCL Oracle Corp. | 0.38% | 12,594 | $2.5M | Add +4.8% |
| NXPI NXP Semiconductors NV | 0.38% | 11,255 | $2.4M | Reduce -0.6% |
| XLV SS Health Care Select Sector | 0.37% | 15,418 | $2.4M | Add +20.2% |
| PWR Quanta Services Inc. | 0.36% | 5,486 | $2.3M | Reduce -1.8% |
| LLY Eli Lilly & Co. | 0.35% | 2,118 | $2.3M | Reduce -1.9% |
| HD Home Depot Inc. | 0.35% | 6,493 | $2.2M | Add +0.9% |
| CSCO Cisco Systems Inc. | 0.33% | 27,320 | $2.1M | Reduce -3.9% |
| EXPE Expedia Group Inc. | 0.32% | 7,241 | $2.1M | Reduce -4.5% |
| MCD McDonald's Corp. | 0.32% | 6,704 | $2.0M | Reduce -10.5% |
| ODFL Old Dominion Freight Line | 0.30% | 12,283 | $1.9M | Reduce -2.4% |
| PH Parker Hannifin Corp. | 0.29% | 2,157 | $1.9M | Reduce -5.6% |
| REGN Regeneron Pharmaceuticals | 0.29% | 2,435 | $1.9M | Reduce -6.3% |
| WM Waste Management Inc. | 0.29% | 8,442 | $1.9M | Add +333.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.28% | 15,697 | $1.8M | Add +8.2% |
| ZTS Zoetis Inc. | 0.27% | 13,714 | $1.7M | Add +54.3% |
| PG The Procter & Gamble Co. | 0.27% | 12,025 | $1.7M | Reduce -8.9% |
| MU Micron Technology Inc. | 0.26% | 5,905 | $1.7M | Add +28.0% |
| SHV iShares 0-1 Year Treasury Bo | 0.26% | 15,252 | $1.7M | Reduce -0.4% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.26% | 39,016 | $1.7M | Reduce -0.9% |
| GOOG Alphabet Inc. Class C | 0.25% | 5,232 | $1.6M | Reduce -1.5% |
| NOC Northrop Grumman Corp. | 0.25% | 2,878 | $1.6M | Reduce -1.1% |
| UNP Union Pacific Corp. | 0.25% | 6,947 | $1.6M | Reduce -0.3% |
| XEL Xcel Energy Inc. | 0.24% | 21,251 | $1.6M | Reduce -1.0% |
| KMB Kimberly-Clark Corp. | 0.23% | 15,058 | $1.5M | Reduce -0.7% |
| NOW ServiceNow Inc. | 0.23% | 9,745 | $1.5M | Reduce -16.6% |
| EQT Eqt Corp. | 0.23% | 27,675 | $1.5M | Reduce -1.4% |
| KMI Kinder Morgan Inc. | 0.22% | 52,748 | $1.5M | Reduce -0.3% |
| ABT Abbott Laboratories | 0.22% | 11,297 | $1.4M | Reduce -4.5% |
| LMT Lockheed Martin Corp. | 0.22% | 2,883 | $1.4M | Reduce -8.3% |
| HON Honeywell International Inc. | 0.21% | 7,123 | $1.4M | Reduce -2.5% |
| FULIX Fed Herm Ultra SHRT BND-Inst filed as FED ULTRASHORT BD CL | 0.21% | 147,859 | $1.4M | Add +4.8% |
| AMAT Applied Materials Inc. | 0.20% | 5,028 | $1.3M | Reduce -1.5% |
| UBER Uber Technologies Inc. | 0.20% | 15,647 | $1.3M | Reduce -3.5% |
| IAU iShares Gold Trust | 0.20% | 15,661 | $1.3M | Add +5.5% |
| APO Apollo Global Management Inc. | 0.20% | 8,772 | $1.3M | Add +0.0% |
| GLW Corning Inc. | 0.19% | 14,387 | $1.3M | Reduce -1.3% |
| PANW Palo Alto Networks Inc. | 0.19% | 6,688 | $1.2M | Add +0.0% |
| VTWO Vanguard Russell 2000 ETF | 0.19% | 12,288 | $1.2M | Add +374.4% |
| KO The Coca-Cola Co. | 0.19% | 17,443 | $1.2M | Reduce -1.3% |
Portfolio Sells Q3 2025 → Q4 2025
| NVDA Nvidia Corp. | Reduce -2.8% | 11.17% | −0.55 |
| URI United Rentals Inc. | Reduce -9.8% | 1.14% | −0.38 |
| ACM Aecom | Reduce -1.3% | 0.88% | −0.36 |
| MSFT Microsoft Corp. | Reduce -3.0% | 2.64% | −0.33 |
| META Meta Platforms Inc. Class A | Reduce -0.6% | 2.07% | −0.29 |
| COST Costco Wholesale Corp. | Reduce -2.6% | 1.79% | −0.22 |
| MCK McKesson Corp. | Sold out | 0.00% | −0.20 |
| UNH Unitedhealth Group Inc. | Reduce -27.1% | 0.40% | −0.18 |
| CBOE Cboe Global Markets Inc. | Reduce -71.8% | 0.07% | −0.17 |
| NFLX Netflix Inc. | Reduce -2.8% | 0.45% | −0.15 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -4.7% | 3.11% | −0.14 |
| DKS Dick's Sporting Goods Inc. | Reduce -0.3% | 0.77% | −0.11 |
| NOW ServiceNow Inc. | Reduce -16.6% | 0.23% | −0.11 |
| VWO Vanguard Ftse Emerging Marke | Reduce -5.0% | 1.30% | −0.11 |
| DHI D.R. Horton Inc. | Reduce -0.3% | 0.52% | −0.10 |
| DD Dupont DE Nemours Inc. | Reduce -1.4% | 0.09% | −0.09 |
| PGR Progressive Corp. | Reduce -1.4% | 0.74% | −0.09 |
| MRK Merck & Co. Inc. | Reduce -31.0% | 0.48% | −0.09 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -24.4% | 0.15% | −0.08 |
| SHW The Sherwin-Williams Co. | Reduce -6.0% | 0.49% | −0.08 |
| WMB Williams Cos Inc. | Reduce -1.0% | 0.79% | −0.07 |
| KMB Kimberly-Clark Corp. | Reduce -0.7% | 0.23% | −0.06 |
| EFA iShares MSCI Eafe ETF | Reduce -5.0% | 1.44% | −0.06 |
| NTAP Netapp Inc. | Reduce -1.5% | 0.42% | −0.06 |
| INTU Intuit Inc. | Reduce -0.6% | 0.98% | −0.06 |
| ADBE Adobe Inc. | Reduce -2.9% | 0.96% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -8.9% | 0.27% | −0.05 |
| UBER Uber Technologies Inc. | Reduce -3.5% | 0.20% | −0.05 |
| PPG PPG Industries Inc. | Sold out | 0.00% | −0.05 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.04 |
| MCD McDonald's Corp. | Reduce -10.5% | 0.32% | −0.04 |
| AZO AutoZone Inc. | Reduce -2.9% | 0.12% | −0.04 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -8.3% | 0.22% | −0.03 |
| ABT Abbott Laboratories | Reduce -4.5% | 0.22% | −0.03 |
| XEL Xcel Energy Inc. | Reduce -1.0% | 0.24% | −0.03 |
| MAS Masco Corp. | Reduce -23.1% | 0.06% | −0.03 |
| LOW Lowe's Cos Inc. | Reduce -17.5% | 0.10% | −0.03 |
| NXPI NXP Semiconductors NV | Reduce -0.6% | 0.38% | −0.03 |
| HON Honeywell International Inc. | Reduce -2.5% | 0.21% | −0.03 |
| SBUX Starbucks Corp. | Reduce -21.7% | 0.09% | −0.03 |
| EOG EOG Resources Inc. | Reduce -12.7% | 0.11% | −0.03 |
| NOC Northrop Grumman Corp. | Reduce -1.1% | 0.25% | −0.03 |
| NVO Novo-Nordisk A/S-Spons ADR | Reduce -9.5% | 0.10% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -0.3% | 1.18% | −0.02 |
| HSY The Hershey Co. | Reduce -0.6% | 0.39% | −0.02 |
| CMCSA Comcast Corp. Class A | Reduce -4.3% | 0.17% | −0.02 |
| EEM iShares MSCI Emerging Market | Reduce -4.1% | 0.49% | −0.02 |
| CVX Chevron Corp. | Reduce -8.3% | 0.13% | −0.02 |
| BLK BlackRock Inc. | Reduce -1.7% | 0.13% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| IWM iShares Russell 2000 ETF | Add +97.7% | 2.28% | +1.12 |
| SPGI S&P Global Inc. | Add +15.2% | 1.45% | +0.26 |
| WM Waste Management Inc. | Add +333.1% | 0.29% | +0.22 |
| VTWO Vanguard Russell 2000 ETF | Add +374.4% | 0.19% | +0.15 |
| MU Micron Technology Inc. | Add +28.0% | 0.26% | +0.14 |
| IJR iShares Core S&P Small-Cap E | Add +33.1% | 0.57% | +0.14 |
| SYK Stryker Corp. | Add +23.8% | 0.84% | +0.11 |
| QAI Nylim HDG MLT-STR TRC ETF-Ui | New | 0.10% | +0.10 |
| XLV SS Health Care Select Sector | Add +20.2% | 0.37% | +0.09 |
| AMZN Amazon.com Inc. | Add +0.2% | 2.56% | +0.08 |
| AGG iShares Core U.S. Aggregate | Add +6.6% | 1.99% | +0.08 |
| TRGP Targa Resources Corp. | New | 0.08% | +0.08 |
| V Visa Inc. Class A | Add +3.0% | 2.06% | +0.07 |
| MDY State Street SPDR S&P Midcap | Add +5.5% | 1.38% | +0.06 |
| ZTS Zoetis Inc. | Add +54.3% | 0.27% | +0.06 |
| J Jacobs Solutions Inc. | New | 0.03% | +0.03 |
| NTFIX Dupree NC Tax Free Income | New | 0.03% | +0.03 |
| IAU iShares Gold Trust | Add +5.5% | 0.20% | +0.03 |
| KYTFX Dupree KY Tax FR Inc. | Add +3.1% | 1.23% | +0.03 |
| GE General Electric | Add +15.6% | 0.18% | +0.02 |
| XOM Exxon Mobil Corp. | Add +7.4% | 0.15% | +0.02 |
| DIS The Walt Disney Co. | Add +8.2% | 0.28% | +0.01 |
| AXP American Express Co. | Add +1.1% | 0.15% | +0.01 |
| APO Apollo Global Management Inc. | Add +0.0% | 0.20% | +0.01 |
| VWIUX Vanguard I/T Tax Exmpt-Adm | Add +3.4% | 0.53% | +0.01 |
| FULIX Fed Herm Ultra SHRT BND-Inst | Add +4.8% | 0.21% | +0.01 |
| MS Morgan Stanley | Add +3.4% | 0.05% | +0.01 |
| EMB iShares JP Morgan Usd Emergi | Add +1.6% | 0.40% | +0.00 |
| MPRAX MFS Arkansas Municipal-R6 | Add +1.9% | 0.05% | +0.00 |
| IWR iShares Russell Mid-Cap ETF | Add +0.3% | 0.12% | −0.00 |
| CTAS Cintas Corp. | Add +2.4% | 0.03% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Add +0.3% | 0.66% | −0.00 |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Add +0.6% | 0.76% | −0.02 |
| CMBS iShares CMBS ETF | Add +0.8% | 1.42% | −0.02 |
| MPC Marathon Petroleum Corp. | Add +1.0% | 0.11% | −0.02 |
| PANW Palo Alto Networks Inc. | Add +0.0% | 0.19% | −0.02 |
| VLO Valero Energy Corp. | Add +2.2% | 0.89% | −0.04 |
| FLMI Franklin Dynamic Municipal B | Add +0.0% | 2.71% | −0.04 |
| HD Home Depot Inc. | Add +0.9% | 0.35% | −0.07 |
| TSCO Tractor Supply Company | Add +1.6% | 0.55% | −0.08 |
| ORCL Oracle Corp. | Add +4.8% | 0.38% | −0.15 |
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 |