Illinois Municipal Retirement Fund
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 24, 2025), Illinois Municipal Retirement Fund reported 1,337 stock positions worth $6.9 billion. Its top holding was Apple (AAPL) at 3.4% of the portfolio, followed by Microsoft (MSFT, 2.8%) and Nvidia (NVDA, 2.4%). Compared with Q4 2024, it opened 48 new positions, sold out of 45, added to 418 and reduced 458. The biggest buy was International Paper (IP, shares +970%) and the biggest sale Apple (AAPL, shares −0%).
- Most Recent 13F
- Q2 2026
- Location
- OAK BROOK, IL
- CIK
- 0001541910
- Portfolio Value
- $6.9B (Q1 2025)
- SEC Filing
- 0001541910-25-000003 ↗ filed Apr 24, 2025
Holdings Value
Holdings 1,337 stocks · $6.9B
| AAPL Apple Inc. | 3.39% | 1,050,236 | $233.3M | Reduce -0.4% |
| MSFT Microsoft Corp. | 2.80% | 513,331 | $192.7M | Add +1.8% |
| NVDA Nvidia Corp. | 2.39% | 1,514,006 | $164.1M | Add +0.3% |
| AMZN Amazon.com Inc. | 1.83% | 661,100 | $125.8M | Add +1.3% |
| META Meta Platforms Inc. Class A | 1.51% | 180,665 | $104.1M | Reduce -0.1% |
| GOOGL Alphabet Inc. Class A | 1.30% | 577,583 | $89.3M | Reduce -0.5% |
| JNJ Johnson & Johnson | 0.93% | 385,653 | $64.0M | Add +4.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.87% | 112,204 | $59.8M | Reduce -11.2% |
| AVGO Broadcom Inc. | 0.85% | 347,999 | $58.3M | Add +0.9% |
| WMT Walmart Inc. | 0.84% | 656,366 | $57.6M | Reduce -3.3% |
| LLY Eli Lilly & Co. | 0.76% | 63,071 | $52.1M | Reduce -5.5% |
| JPM JPMorgan Chase & Co. | 0.74% | 206,906 | $50.8M | Add +8.0% |
| GOOG Alphabet Inc. Class C | 0.73% | 322,283 | $50.4M | Add +0.6% |
| BMY Bristol-Myers Squibb Co. | 0.69% | 773,365 | $47.2M | Add +2.1% |
| PG The Procter & Gamble Co. | 0.66% | 266,428 | $45.4M | Add +5.1% |
| T AT&T Inc. | 0.63% | 1,542,467 | $43.6M | Add +0.7% |
| CSCO Cisco Systems Inc. | 0.63% | 706,329 | $43.6M | Add +20.1% |
| COST Costco Wholesale Corp. | 0.62% | 45,254 | $42.8M | Reduce -1.8% |
| XOM Exxon Mobil Corp. | 0.62% | 356,332 | $42.4M | Reduce -3.9% |
| V Visa Inc. Class A | 0.61% | 119,121 | $41.7M | Add +16.9% |
| VZ Verizon Communications Inc. | 0.59% | 902,152 | $40.9M | Reduce -0.3% |
| MRK Merck & Co. Inc. | 0.58% | 443,021 | $39.8M | Reduce -3.3% |
| KR Kroger Co. | 0.55% | 561,351 | $38.0M | Reduce -6.8% |
| ABBV Abbvie Inc. | 0.53% | 174,706 | $36.6M | Reduce -6.5% |
| MA Mastercard Inc. Class A | 0.53% | 66,496 | $36.4M | Reduce -15.3% |
| SPOT Spotify Technology SA | 0.51% | 63,927 | $35.2M | Reduce -7.3% |
| TMUS T-Mobile US Inc. | 0.48% | 124,440 | $33.2M | Add +4.3% |
| GILD Gilead Sciences Inc. | 0.47% | 289,268 | $32.4M | Add +5.2% |
| ALL Allstate Corp. | 0.47% | 154,866 | $32.1M | Reduce -4.3% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.46% | 380,192 | $31.9M | Add +27.7% |
| SO The Southern Co. | 0.45% | 339,506 | $31.2M | Add +16.6% |
| TSLA Tesla Inc. | 0.45% | 119,423 | $30.9M | Add +28.3% |
| UNH Unitedhealth Group Inc. | 0.44% | 58,093 | $30.4M | Add +1.6% |
| WFC Wells Fargo & Co. | 0.44% | 418,387 | $30.0M | Reduce -2.7% |
| PEP Pepsico Inc. | 0.42% | 193,439 | $29.0M | Reduce -6.5% |
| QCOM Qualcomm Inc. | 0.42% | 186,799 | $28.7M | Add +8.9% |
| ORLY O'reilly Automotive Inc. | 0.41% | 19,812 | $28.4M | Add +10.7% |
| CVX Chevron Corp. | 0.40% | 165,889 | $27.8M | Reduce -1.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.38% | 215,970 | $26.3M | Reduce -0.1% |
| VRTX Vertex Pharmaceuticals Inc. | 0.36% | 50,590 | $24.5M | Add +6.8% |
| HD Home Depot Inc. | 0.35% | 66,440 | $24.3M | Reduce -15.6% |
| FICO Fair Isaac Corp. | 0.35% | 12,944 | $23.9M | Add +7.6% |
| PM Philip Morris International | 0.35% | 149,745 | $23.8M | Add +11.7% |
| ELV Elevance Health Inc. | 0.35% | 54,602 | $23.7M | Add +18.4% |
| CL Colgate-Palmolive Co. | 0.34% | 251,628 | $23.6M | Reduce -20.8% |
| KO The Coca-Cola Co. | 0.34% | 325,067 | $23.3M | Add +15.3% |
| DASH DoorDash Inc. Class A | 0.34% | 127,355 | $23.3M | Add +1.1% |
| AMAT Applied Materials Inc. | 0.34% | 160,005 | $23.2M | Reduce -5.2% |
| CTSH Cognizant Tech Solutions-A | 0.34% | 302,647 | $23.2M | Add +15.5% |
| MO Altria Group Inc. | 0.34% | 384,986 | $23.1M | Add +12.6% |
| BKNG Booking Holdings Inc. | 0.33% | 4,906 | $22.6M | Add +3.5% |
| AFL Aflac Inc. | 0.33% | 201,906 | $22.4M | Add +14.0% |
| COP Conocophillips | 0.32% | 210,785 | $22.1M | Reduce -10.9% |
| DUK Duke Energy Corp. | 0.32% | 181,035 | $22.1M | Reduce -33.4% |
| FAST Fastenal Co. | 0.32% | 283,448 | $22.0M | Reduce -1.3% |
| BSX Boston Scientific Corp. | 0.32% | 217,158 | $21.9M | Add +17.5% |
| ED Consolidated Edison Inc. | 0.32% | 197,712 | $21.9M | Add +12.0% |
| ABT Abbott Laboratories | 0.31% | 162,492 | $21.6M | Reduce -15.2% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.31% | 86,159 | $21.4M | Reduce -4.8% |
| KDP Keurig Dr Pepper Inc. | 0.31% | 624,753 | $21.4M | Add +6.8% |
| NVR NVR Inc. | 0.30% | 2,893 | $21.0M | Add +21.7% |
| KMI Kinder Morgan Inc. | 0.30% | 724,802 | $20.7M | Reduce -3.0% |
| GRMN Garmin Ltd. | 0.30% | 94,522 | $20.5M | Reduce -9.4% |
| HIG Hartford Insurance Group Inc. | 0.29% | 163,600 | $20.2M | Reduce -1.6% |
| LOW Lowe's Cos Inc. | 0.29% | 85,855 | $20.0M | Add +9.7% |
| UBER Uber Technologies Inc. | 0.29% | 273,533 | $19.9M | Reduce -1.4% |
| EA Electronic Arts Inc. | 0.29% | 137,801 | $19.9M | Reduce -10.0% |
| SNPS Synopsys Inc. | 0.29% | 46,347 | $19.9M | Add +2.6% |
| ACN Accenture PLC Class A | 0.29% | 63,640 | $19.9M | Reduce -6.0% |
| CMCSA Comcast Corp. Class A | 0.29% | 531,891 | $19.6M | Reduce -12.7% |
| OTIS Otis Worldwide Corp. | 0.28% | 187,457 | $19.3M | No change |
| VRSN Verisign Inc. | 0.28% | 76,143 | $19.3M | Add +26.3% |
| CTAS Cintas Corp. | 0.28% | 93,917 | $19.3M | Add +4.7% |
| TRV The Travelers Cos Inc. | 0.28% | 72,357 | $19.1M | Reduce -16.5% |
| TSCO Tractor Supply Company | 0.28% | 344,382 | $19.0M | Reduce -2.1% |
| ADBE Adobe Inc. | 0.28% | 49,469 | $19.0M | Reduce -7.2% |
| KMB Kimberly-Clark Corp. | 0.27% | 131,238 | $18.7M | Reduce -6.2% |
| EBAY eBay Inc. | 0.27% | 272,067 | $18.4M | Add +8.6% |
| MPC Marathon Petroleum Corp. | 0.27% | 126,324 | $18.4M | Add +3.0% |
| GWW WW Grainger Inc. filed as GRAINGER W W INC | 0.26% | 18,401 | $18.2M | Reduce -12.5% |
| RJF Raymond James Financial Inc. | 0.26% | 128,279 | $17.8M | Add +36.5% |
| SYF Synchrony Financial | 0.26% | 335,867 | $17.8M | Reduce -10.0% |
| IT Gartner Inc. | 0.25% | 41,703 | $17.5M | Reduce -12.9% |
| NFLX Netflix Inc. | 0.25% | 18,642 | $17.4M | Add +6.2% |
| MKL Markel Group Inc. | 0.25% | 9,294 | $17.4M | Add +5.5% |
| EOG EOG Resources Inc. | 0.25% | 134,610 | $17.3M | Reduce -10.4% |
| ALNY Alnylam Pharmaceuticals Inc. | 0.25% | 62,665 | $16.9M | No change |
| GLW Corning Inc. | 0.25% | 368,894 | $16.9M | Add +12.0% |
| CVS CVS Health Corp. | 0.24% | 247,796 | $16.8M | Reduce -19.3% |
| EME Emcor Group Inc. | 0.24% | 45,338 | $16.8M | Reduce -6.6% |
| ZM Zoom Communications Inc. | 0.24% | 225,412 | $16.6M | Add +11.6% |
| WSM Williams-Sonoma Inc. | 0.24% | 104,976 | $16.6M | Reduce -16.0% |
| ETR Entergy Corp. | 0.24% | 192,105 | $16.4M | Reduce -29.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.24% | 393,009 | $16.4M | Add +2.6% |
| KLAC KLA Corp. | 0.24% | 24,066 | $16.4M | Add +3.0% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.24% | 498,191 | $16.3M | Add +20.7% |
| FANG Diamondback Energy Inc. | 0.23% | 100,570 | $16.1M | Add +18.9% |
| KHC The Kraft Heinz Co. | 0.23% | 523,744 | $15.9M | Reduce -9.8% |
| YUM Yum! Brands Inc. | 0.22% | 98,157 | $15.4M | Add +55.3% |
| EXPE Expedia Group Inc. | 0.22% | 91,242 | $15.3M | Reduce -2.0% |
Portfolio Sells Q4 2024 → Q1 2025
| AAPL Apple Inc. | Reduce -0.4% | 3.39% | −0.35 |
| GOOGL Alphabet Inc. Class A | Reduce -0.5% | 1.30% | −0.26 |
| HPE Hewlett Packard Enterprise | Reduce -19.1% | 0.17% | −0.11 |
| PRU Prudential Financial Inc. | Reduce -38.6% | 0.17% | −0.11 |
| DUK Duke Energy Corp. | Reduce -33.4% | 0.32% | −0.09 |
| EPAM Epam Systems Inc. | Reduce -67.1% | 0.03% | −0.09 |
| NTAP Netapp Inc. | Reduce -9.1% | 0.21% | −0.09 |
| WSM Williams-Sonoma Inc. | Reduce -16.0% | 0.24% | −0.09 |
| SYF Synchrony Financial | Reduce -10.0% | 0.26% | −0.08 |
| CDNS Cadence Design SYS Inc. | Reduce -18.0% | 0.21% | −0.08 |
| XEL Xcel Energy Inc. | Reduce -46.0% | 0.12% | −0.08 |
| CAT Caterpillar Inc. | Reduce -48.9% | 0.07% | −0.08 |
| HD Home Depot Inc. | Reduce -15.6% | 0.35% | −0.08 |
| TER Teradyne Inc. | Reduce -8.1% | 0.13% | −0.08 |
| VRSK Verisk Analytics Inc. | Reduce -55.3% | 0.08% | −0.08 |
| CNP Centerpoint Energy Inc. | Reduce -53.4% | 0.09% | −0.08 |
| GM General Motors Co. | Sold out | 0.00% | −0.08 |
| VTRS Viatris Inc. | Reduce -12.6% | 0.13% | −0.07 |
| IT Gartner Inc. | Reduce -12.9% | 0.25% | −0.07 |
| PPG PPG Industries Inc. | Reduce -71.9% | 0.03% | −0.07 |
| AEE Ameren Corporation | Reduce -41.5% | 0.15% | −0.07 |
| EME Emcor Group Inc. | Reduce -6.6% | 0.24% | −0.07 |
| MRK Merck & Co. Inc. | Reduce -3.3% | 0.58% | −0.07 |
| CL Colgate-Palmolive Co. | Reduce -20.8% | 0.34% | −0.07 |
| TWLO Twilio Inc. Class A | Reduce -46.0% | 0.07% | −0.07 |
| ADBE Adobe Inc. | Reduce -7.2% | 0.28% | −0.06 |
| TEAM Atlassian Corp. Class A | Reduce -12.0% | 0.22% | −0.06 |
| WAT Waters Corp. | Reduce -52.7% | 0.05% | −0.06 |
| MA Mastercard Inc. Class A | Reduce -15.3% | 0.53% | −0.06 |
| AVY Avery Dennison Corp. | Reduce -43.4% | 0.07% | −0.05 |
| ATI Ati Inc. | Sold out | 0.00% | −0.05 |
| FTNT Fortinet Inc. | Reduce -27.4% | 0.17% | −0.05 |
| ETR Entergy Corp. | Reduce -29.5% | 0.24% | −0.05 |
| TGT Target Corp. | Reduce -2.5% | 0.18% | −0.05 |
| FDX FedEx Corp. | Reduce -15.3% | 0.16% | −0.05 |
| SWKS Skyworks Solutions Inc. | Reduce -7.1% | 0.12% | −0.05 |
| NTRS Northern Trust Corp. | Reduce -24.0% | 0.15% | −0.05 |
| AMAT Applied Materials Inc. | Reduce -5.2% | 0.34% | −0.05 |
| CRBG Corebridge Financial Inc. | Reduce -80.9% | 0.01% | −0.05 |
| AMD Advanced Micro Devices | Reduce -72.5% | 0.02% | −0.05 |
| GWW WW Grainger Inc. | Reduce -12.5% | 0.26% | −0.05 |
| ACN Accenture PLC Class A | Reduce -6.0% | 0.29% | −0.05 |
| MTB M & T Bank Corp. | Reduce -71.7% | 0.02% | −0.05 |
| INTC Intel Corp. | Reduce -42.5% | 0.09% | −0.04 |
| D Dominion Energy Inc. | Reduce -35.6% | 0.10% | −0.04 |
| PNC PNC Financial Services Group | Reduce -24.9% | 0.11% | −0.04 |
| A Agilent Technologies Inc. | Reduce -29.7% | 0.07% | −0.04 |
| ITW Illinois Tool Works | Reduce -20.5% | 0.17% | −0.04 |
| PCAR Paccar Inc. | Reduce -22.9% | 0.12% | −0.04 |
| HOG Harley-Davidson Inc. | Sold out | 0.00% | −0.04 |
Portfolio Buys Q4 2024 → Q1 2025
| IP International Paper Co. | Add +969.7% | 0.22% | +0.20 |
| JNJ Johnson & Johnson | Add +4.5% | 0.93% | +0.17 |
| V Visa Inc. Class A | Add +16.9% | 0.61% | +0.15 |
| CSCO Cisco Systems Inc. | Add +20.1% | 0.63% | +0.14 |
| T AT&T Inc. | Add +0.7% | 0.63% | +0.14 |
| BNY Bank of New York Mellon Corp. | Add +27.7% | 0.46% | +0.14 |
| QRVO Qorvo Inc. | Add +463.5% | 0.15% | +0.12 |
| PM Philip Morris International | Add +11.7% | 0.35% | +0.12 |
| SO The Southern Co. | Add +16.6% | 0.45% | +0.11 |
| ORLY O'reilly Automotive Inc. | Add +10.7% | 0.41% | +0.11 |
| CHKP Check Point Software Tech | Add +199.4% | 0.15% | +0.11 |
| GILD Gilead Sciences Inc. | Add +5.2% | 0.47% | +0.11 |
| TMUS T-Mobile US Inc. | Add +4.3% | 0.48% | +0.11 |
| ELV Elevance Health Inc. | Add +18.4% | 0.35% | +0.10 |
| YUM Yum! Brands Inc. | Add +55.3% | 0.22% | +0.10 |
| VRSN Verisign Inc. | Add +26.3% | 0.28% | +0.10 |
| NUE Nucor Corp. | Add +243.7% | 0.14% | +0.10 |
| GE General Electric | Add +65.8% | 0.19% | +0.10 |
| ED Consolidated Edison Inc. | Add +12.0% | 0.32% | +0.09 |
| MELI MercadoLibre Inc. | Add +179.0% | 0.14% | +0.09 |
| WY Weyerhaeuser Co. | Add +1502.5% | 0.10% | +0.09 |
| KO The Coca-Cola Co. | Add +15.3% | 0.34% | +0.09 |
| DOC Healthpeak Properties Inc. | Add +131.7% | 0.15% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +8.0% | 0.74% | +0.09 |
| VRTX Vertex Pharmaceuticals Inc. | Add +6.8% | 0.36% | +0.09 |
| PFE Pfizer Inc. | Add +86.4% | 0.19% | +0.08 |
| BSX Boston Scientific Corp. | Add +17.5% | 0.32% | +0.08 |
| MO Altria Group Inc. | Add +12.6% | 0.34% | +0.08 |
| BMY Bristol-Myers Squibb Co. | Add +2.1% | 0.69% | +0.08 |
| TEL Te Connectivity PLC | Add +196.4% | 0.11% | +0.08 |
| HES Hess Corp. | Add +58.0% | 0.15% | +0.07 |
| STX Seagate Technology Holdings | Add +348.1% | 0.10% | +0.07 |
| AER Aercap Holdings NV | New | 0.07% | +0.07 |
| CHD Church & Dwight Co. Inc. | Add +35.9% | 0.22% | +0.07 |
| AIG American International Group | Add +22.6% | 0.21% | +0.07 |
| AFL Aflac Inc. | Add +14.0% | 0.33% | +0.07 |
| CB Chubb Ltd. | Add +62.9% | 0.15% | +0.07 |
| EVRG Evergy Inc. | Add +66.7% | 0.14% | +0.07 |
| VLO Valero Energy Corp. | Add +38.3% | 0.19% | +0.07 |
| EQT Eqt Corp. | New | 0.07% | +0.07 |
| L Loews Corp. | Add +86.5% | 0.13% | +0.07 |
| VICI Vici Properties Inc. | Add +20.7% | 0.24% | +0.07 |
| HWM Howmet Aerospace Inc. | Add +120.4% | 0.10% | +0.06 |
| ABNB Airbnb Inc. Class A | Add +105.3% | 0.12% | +0.06 |
| PG The Procter & Gamble Co. | Add +5.1% | 0.66% | +0.06 |
| CMS CMS Energy Corp. | Add +26.9% | 0.18% | +0.06 |
| FNF Fidelity National Financial | Add +19.5% | 0.18% | +0.05 |
| RJF Raymond James Financial Inc. | Add +36.5% | 0.26% | +0.05 |
| INTU Intuit Inc. | Add +35.6% | 0.20% | +0.05 |
| CORT Corcept Therapeutics Inc. | Add +8.7% | 0.09% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,120 | $8.9B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q1 2026 | 1,127 | $7.9B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q4 2025 | 1,151 | $8.0B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q3 2025 | 1,178 | $7.8B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q2 2025 | 1,237 | $7.3B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2025 | 1,337 | $6.9B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 1,332 | $7.1B | AAPL, MSFT, NVDA, AMZN, GOOGL |
| Q3 2024 | 1,330 | $7.0B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 1,334 | $6.6B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q1 2024 | 1,352 | $6.5B | MSFT, AAPL, NVDA, AMZN, META |