Illinois Municipal Retirement Fund
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 6, 2025), Illinois Municipal Retirement Fund reported 1,178 stock positions worth $7.8 billion. Its top holding was Nvidia (NVDA) at 3.7% of the portfolio, followed by Apple (AAPL, 3.4%) and Microsoft (MSFT, 3.4%). Compared with Q2 2025, it opened 44 new positions, sold out of 103, added to 626 and reduced 489. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale Philip Morris International (PM, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- OAK BROOK, IL
- CIK
- 0001541910
- Portfolio Value
- $7.8B (Q3 2025)
- SEC Filing
- 0001541910-25-000010 ↗ filed Nov 6, 2025
Holdings Value
Holdings 1,178 stocks · $7.8B
| NVDA Nvidia Corp. | 3.69% | 1,548,866 | $289.0M | Add +0.5% |
| AAPL Apple Inc. | 3.43% | 1,054,297 | $268.5M | Add +0.2% |
| MSFT Microsoft Corp. | 3.41% | 516,047 | $267.3M | Add +1.1% |
| AMZN Amazon.com Inc. | 1.91% | 679,680 | $149.2M | Add +3.6% |
| GOOGL Alphabet Inc. Class A | 1.75% | 564,378 | $137.2M | Add +0.6% |
| META Meta Platforms Inc. Class A | 1.70% | 180,966 | $132.9M | Add +1.7% |
| AVGO Broadcom Inc. | 1.09% | 257,853 | $85.1M | Add +2.9% |
| GOOG Alphabet Inc. Class C | 1.02% | 328,135 | $79.9M | Add +0.5% |
| WMT Walmart Inc. | 0.86% | 654,796 | $67.5M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 0.83% | 205,221 | $64.7M | Add +6.2% |
| JNJ Johnson & Johnson | 0.81% | 343,627 | $63.7M | Reduce -3.0% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.79% | 122,935 | $61.8M | Reduce -2.0% |
| TSLA Tesla Inc. | 0.71% | 124,343 | $55.3M | Add +0.5% |
| PG The Procter & Gamble Co. | 0.65% | 330,132 | $50.7M | Add +19.1% |
| XOM Exxon Mobil Corp. | 0.63% | 437,101 | $49.3M | Add +6.0% |
| MRK Merck & Co. Inc. | 0.59% | 548,945 | $46.1M | Add +0.8% |
| T AT&T Inc. | 0.59% | 1,629,156 | $46.0M | Add +3.7% |
| V Visa Inc. Class A | 0.59% | 134,692 | $46.0M | Reduce -7.3% |
| COST Costco Wholesale Corp. | 0.57% | 48,448 | $44.8M | Reduce -2.8% |
| PM Philip Morris International | 0.57% | 275,840 | $44.7M | Reduce -2.3% |
| APP AppLovin Corp. Class A | 0.57% | 61,663 | $44.3M | Add +4.3% |
| ABBV Abbvie Inc. | 0.55% | 184,806 | $42.8M | Add +12.0% |
| VZ Verizon Communications Inc. | 0.53% | 940,531 | $41.3M | Add +7.3% |
| MO Altria Group Inc. | 0.53% | 623,976 | $41.2M | Reduce -12.4% |
| MA Mastercard Inc. Class A | 0.52% | 72,022 | $41.0M | Add +12.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.51% | 277,285 | $40.1M | Add +13.3% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.51% | 364,870 | $39.8M | Add +23.9% |
| GILD Gilead Sciences Inc. | 0.49% | 346,865 | $38.5M | Add +3.2% |
| LLY Eli Lilly & Co. | 0.48% | 48,912 | $37.3M | Reduce -2.0% |
| CVX Chevron Corp. | 0.47% | 239,391 | $37.2M | Add +10.3% |
| NFLX Netflix Inc. | 0.46% | 29,989 | $36.0M | Add +11.2% |
| KR Kroger Co. | 0.46% | 533,037 | $35.9M | Reduce -5.3% |
| BKNG Booking Holdings Inc. | 0.44% | 6,450 | $34.8M | Add +3.9% |
| ORLY O'reilly Automotive Inc. | 0.44% | 320,801 | $34.6M | Reduce -4.5% |
| ALL Allstate Corp. | 0.44% | 158,856 | $34.1M | Add +4.8% |
| QCOM Qualcomm Inc. | 0.43% | 204,121 | $34.0M | Reduce -4.8% |
| BMY Bristol-Myers Squibb Co. | 0.43% | 748,983 | $33.8M | Add +7.1% |
| EA Electronic Arts Inc. | 0.43% | 165,555 | $33.4M | Reduce -2.3% |
| CSCO Cisco Systems Inc. | 0.41% | 469,426 | $32.1M | Reduce -10.8% |
| TMUS T-Mobile US Inc. | 0.40% | 131,779 | $31.5M | Add +8.4% |
| SPOT Spotify Technology SA | 0.39% | 43,982 | $30.7M | Add +3.1% |
| EBAY eBay Inc. | 0.38% | 324,656 | $29.5M | Reduce -7.5% |
| RJF Raymond James Financial Inc. | 0.38% | 170,710 | $29.5M | Add +0.5% |
| DUK Duke Energy Corp. | 0.37% | 233,659 | $28.9M | Add +3.2% |
| SO The Southern Co. | 0.36% | 298,368 | $28.3M | Add +2.0% |
| WFC Wells Fargo & Co. | 0.36% | 335,853 | $28.2M | Add +3.4% |
| SYF Synchrony Financial | 0.36% | 393,776 | $28.0M | Add +18.8% |
| HIG Hartford Insurance Group Inc. | 0.36% | 209,524 | $27.9M | Add +11.5% |
| PEP Pepsico Inc. | 0.36% | 198,655 | $27.9M | Add +13.1% |
| MNST Monster Beverage Corp. | 0.35% | 409,818 | $27.6M | Add +1.3% |
| LOW Lowe's Cos Inc. | 0.35% | 108,075 | $27.2M | Add +1.4% |
| PLTR Palantir Technologies Inc. Class A | 0.35% | 148,622 | $27.1M | Add +19.9% |
| GLW Corning Inc. | 0.34% | 328,982 | $27.0M | Reduce -1.3% |
| HD Home Depot Inc. | 0.34% | 66,080 | $26.8M | Reduce -17.4% |
| AZO AutoZone Inc. | 0.34% | 6,219 | $26.7M | Add +8.6% |
| ADSK Autodesk Inc. | 0.33% | 82,313 | $26.1M | Reduce -6.3% |
| ED Consolidated Edison Inc. | 0.33% | 255,823 | $25.7M | Add +82.8% |
| PGR Progressive Corp. | 0.32% | 102,778 | $25.4M | Add +30.2% |
| CL Colgate-Palmolive Co. | 0.31% | 306,297 | $24.5M | Add +24.7% |
| TRV The Travelers Cos Inc. | 0.31% | 85,566 | $23.9M | Add +0.1% |
| CTSH Cognizant Tech Solutions-A | 0.29% | 344,313 | $23.1M | Add +1.6% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.29% | 81,738 | $23.1M | Add +2.2% |
| KO The Coca-Cola Co. | 0.29% | 347,360 | $23.0M | Add +11.8% |
| UBER Uber Technologies Inc. | 0.29% | 232,680 | $22.8M | Add +6.8% |
| EOG EOG Resources Inc. | 0.29% | 202,943 | $22.8M | Reduce -0.5% |
| KMB Kimberly-Clark Corp. | 0.29% | 182,889 | $22.7M | Add +22.7% |
| ZM Zoom Communications Inc. | 0.29% | 274,968 | $22.7M | Reduce -5.7% |
| EXPE Expedia Group Inc. | 0.29% | 105,115 | $22.5M | Reduce -16.3% |
| ABT Abbott Laboratories | 0.29% | 167,703 | $22.5M | Reduce -12.6% |
| NTAP Netapp Inc. | 0.28% | 186,370 | $22.1M | Reduce -7.7% |
| NTRS Northern Trust Corp. | 0.28% | 162,141 | $21.8M | Add +4.5% |
| ADBE Adobe Inc. | 0.27% | 60,279 | $21.3M | Add +2.6% |
| DASH DoorDash Inc. Class A | 0.27% | 77,924 | $21.2M | Add +9.7% |
| MSI Motorola Solutions Inc. | 0.27% | 45,974 | $21.0M | Add +25.2% |
| COP Conocophillips | 0.27% | 221,121 | $20.9M | Reduce -4.7% |
| VRTX Vertex Pharmaceuticals Inc. | 0.26% | 52,801 | $20.7M | Reduce -1.5% |
| FAST Fastenal Co. | 0.26% | 414,971 | $20.4M | Reduce -9.8% |
| AFL Aflac Inc. | 0.26% | 179,768 | $20.1M | Add +0.1% |
| MKL Markel Group Inc. | 0.26% | 10,445 | $20.0M | Reduce -6.6% |
| UNH Unitedhealth Group Inc. | 0.25% | 57,734 | $19.9M | Reduce -2.5% |
| CMI Cummins Inc. | 0.25% | 47,145 | $19.9M | Reduce -5.0% |
| VICI Vici Properties Inc. filed as VICI PPTYS INC | 0.25% | 610,411 | $19.9M | Add +15.5% |
| NVR NVR Inc. | 0.25% | 2,465 | $19.8M | Add +10.7% |
| CBOE Cboe Global Markets Inc. | 0.25% | 78,421 | $19.2M | Reduce -3.5% |
| ELV Elevance Health Inc. | 0.24% | 59,109 | $19.1M | Reduce -1.5% |
| INCY Incyte Corp. | 0.24% | 222,839 | $18.9M | Reduce -6.3% |
| NKE Nike Inc. Class B | 0.24% | 270,168 | $18.8M | Reduce -14.2% |
| VRSN Verisign Inc. | 0.24% | 66,800 | $18.7M | Reduce -10.8% |
| CINF Cincinnati Financial Corp. | 0.23% | 116,129 | $18.4M | Add +18.3% |
| GRMN Garmin Ltd. | 0.23% | 73,980 | $18.2M | Reduce -4.8% |
| EME Emcor Group Inc. | 0.23% | 27,902 | $18.1M | Reduce -1.4% |
| DG Dollar General Corp. | 0.23% | 174,983 | $18.1M | Add +16.8% |
| ULTA Ulta Beauty Inc. | 0.23% | 32,747 | $17.9M | Add +3.0% |
| AXP American Express Co. | 0.23% | 53,446 | $17.8M | Add +11.4% |
| CCL Carnival Corp. | 0.23% | 612,477 | $17.7M | Add +8.2% |
| MDT Medtronic PLC | 0.23% | 185,427 | $17.7M | Add +27.7% |
| ITW Illinois Tool Works | 0.22% | 67,494 | $17.6M | Add +0.1% |
| WSM Williams-Sonoma Inc. | 0.22% | 89,865 | $17.6M | Reduce -11.6% |
| CMCSA Comcast Corp. Class A | 0.22% | 554,948 | $17.4M | Add +3.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.22% | 332,315 | $17.1M | Reduce -9.6% |
Portfolio Sells Q2 2025 → Q3 2025
| PM Philip Morris International | Reduce -2.3% | 0.57% | −0.13 |
| HES Hess Corp. | Sold out | 0.00% | −0.12 |
| CNC Centene Corp. | Reduce -26.8% | 0.10% | −0.12 |
| V Visa Inc. Class A | Reduce -7.3% | 0.59% | −0.11 |
| IT Gartner Inc. | Reduce -19.7% | 0.11% | −0.11 |
| EVRG Evergy Inc. | Reduce -47.5% | 0.13% | −0.11 |
| GWW WW Grainger Inc. | Reduce -31.1% | 0.16% | −0.11 |
| COST Costco Wholesale Corp. | Reduce -2.8% | 0.57% | −0.10 |
| KR Kroger Co. | Reduce -5.3% | 0.46% | −0.09 |
| PAYX Paychex Inc. | Reduce -41.8% | 0.08% | −0.09 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.09 |
| CSCO Cisco Systems Inc. | Reduce -10.8% | 0.41% | −0.09 |
| FDS Factset Research Systems Inc. | Reduce -67.9% | 0.02% | −0.09 |
| MDLZ Mondelez International Inc. Class A | Reduce -24.6% | 0.16% | −0.08 |
| KDP Keurig Dr Pepper Inc. | Reduce -3.3% | 0.19% | −0.08 |
| CME Cme Group Inc. | Reduce -22.4% | 0.20% | −0.08 |
| JKHY Jack Henry & Associates Inc. | Reduce -30.8% | 0.09% | −0.08 |
| COF Capital One Financial Corp. | Reduce -28.2% | 0.16% | −0.08 |
| WY Weyerhaeuser Co. | Sold out | 0.00% | −0.08 |
| TAP Molson Coors Beverage Co. Class B | Reduce -68.5% | 0.03% | −0.08 |
| ELV Elevance Health Inc. | Reduce -1.5% | 0.24% | −0.07 |
| CRM Salesforce Inc. | Reduce -8.7% | 0.21% | −0.07 |
| INVH Invitation Homes Inc. | Reduce -41.5% | 0.07% | −0.07 |
| JNPR Juniper Networks Inc. | Sold out | 0.00% | −0.07 |
| SNPS Synopsys Inc. | Reduce -26.7% | 0.14% | −0.07 |
| MOH Molina Healthcare Inc. | Reduce -2.0% | 0.10% | −0.07 |
| ABT Abbott Laboratories | Reduce -12.6% | 0.29% | −0.07 |
| RS Reliance Inc. | Reduce -16.5% | 0.16% | −0.07 |
| KMI Kinder Morgan Inc. | Reduce -16.4% | 0.20% | −0.07 |
| VRSK Verisk Analytics Inc. | Reduce -10.2% | 0.14% | −0.07 |
| SKX Skechers USA Inc. Class A | Sold out | 0.00% | −0.06 |
| BSX Boston Scientific Corp. | Reduce -11.0% | 0.20% | −0.06 |
| NKE Nike Inc. Class B | Reduce -14.2% | 0.24% | −0.06 |
| LKQ LKQ Corp. | Reduce -46.1% | 0.04% | −0.06 |
| M Macy's Inc. | Sold out | 0.00% | −0.06 |
| INTU Intuit Inc. | Reduce -6.6% | 0.19% | −0.06 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -1.5% | 0.26% | −0.06 |
| CLX Clorox Company | Reduce -38.4% | 0.09% | −0.06 |
| TWLO Twilio Inc. Class A | Reduce -5.2% | 0.14% | −0.06 |
| AIG American International Group | Reduce -15.0% | 0.16% | −0.06 |
| HD Home Depot Inc. | Reduce -17.4% | 0.34% | −0.06 |
| VRSN Verisign Inc. | Reduce -10.8% | 0.24% | −0.06 |
| L Loews Corp. | Reduce -36.6% | 0.10% | −0.06 |
| KVUE Kenvue Inc. | Reduce -2.7% | 0.13% | −0.06 |
| SHW The Sherwin-Williams Co. | Reduce -39.5% | 0.07% | −0.05 |
| LLY Eli Lilly & Co. | Reduce -2.0% | 0.48% | −0.05 |
| PFE Pfizer Inc. | Reduce -18.8% | 0.21% | −0.05 |
| DUOL Duolingo | Sold out | 0.00% | −0.05 |
| CTAS Cintas Corp. | Reduce -14.4% | 0.14% | −0.05 |
| COLM Columbia Sportswear Co. | Sold out | 0.00% | −0.05 |
Portfolio Buys Q2 2025 → Q3 2025
| AAPL Apple Inc. | Add +0.2% | 3.43% | +0.49 |
| GOOGL Alphabet Inc. Class A | Add +0.6% | 1.75% | +0.41 |
| NVDA Nvidia Corp. | Add +0.5% | 3.69% | +0.38 |
| APP AppLovin Corp. Class A | Add +4.3% | 0.57% | +0.28 |
| GOOG Alphabet Inc. Class C | Add +0.5% | 1.02% | +0.23 |
| TSLA Tesla Inc. | Add +0.5% | 0.71% | +0.17 |
| AVGO Broadcom Inc. | Add +2.9% | 1.09% | +0.15 |
| BNY Bank of New York Mellon Corp. | Add +23.9% | 0.51% | +0.14 |
| ED Consolidated Edison Inc. | Add +82.8% | 0.33% | +0.14 |
| ABBV Abbvie Inc. | Add +12.0% | 0.55% | +0.13 |
| WBD Warner Bros Discovery Inc. | Add +103.3% | 0.18% | +0.12 |
| PLTR Palantir Technologies Inc. Class A | Add +19.9% | 0.35% | +0.12 |
| RDDT Reddit Inc. Class A | Add +333.8% | 0.12% | +0.10 |
| TJX TJX Companies Inc. | Add +13.3% | 0.51% | +0.10 |
| BKR Baker Hughes Co. | Add +369.2% | 0.10% | +0.08 |
| ES Eversource Energy | Add +119.0% | 0.13% | +0.07 |
| WRB WR Berkley Corp. | Add +54.6% | 0.21% | +0.07 |
| C Citigroup Inc. | Add +45.6% | 0.18% | +0.07 |
| VLTO Veralto Corp. | Add +72.6% | 0.16% | +0.07 |
| NEM Newmont Corp. | Add +39.7% | 0.14% | +0.07 |
| CRH CRH PLC | Add +377.4% | 0.08% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +6.2% | 0.83% | +0.06 |
| MSI Motorola Solutions Inc. | Add +25.2% | 0.27% | +0.06 |
| SYF Synchrony Financial | Add +18.8% | 0.36% | +0.06 |
| ADP Automatic Data Processing | Add +122.0% | 0.11% | +0.06 |
| MDT Medtronic PLC | Add +27.7% | 0.23% | +0.05 |
| MAA Mid-America Apartment Comm | Add +71.8% | 0.15% | +0.05 |
| ORCL Oracle Corp. | Add +10.1% | 0.21% | +0.05 |
| CVX Chevron Corp. | Add +10.3% | 0.47% | +0.05 |
| AZO AutoZone Inc. | Add +8.6% | 0.34% | +0.05 |
| LYFT LYFT Inc. Class A | Add +65.6% | 0.09% | +0.05 |
| PG The Procter & Gamble Co. | Add +19.1% | 0.65% | +0.05 |
| CIEN Ciena Corp. | Add +14.6% | 0.10% | +0.05 |
| BF.B Brown-Forman Corp. Class B | New | 0.04% | +0.04 |
| ON On Semiconductor | Add +244.3% | 0.07% | +0.04 |
| PSKY Paramount Skydance Class B | New | 0.04% | +0.04 |
| SNA Snap-on Inc. | Add +20.4% | 0.21% | +0.04 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +4.2% | 0.16% | +0.04 |
| MSCI MSCI Inc. | New | 0.04% | +0.04 |
| PEP Pepsico Inc. | Add +13.1% | 0.36% | +0.04 |
| TPL Texas Pacific Land Corp. | Add +232.9% | 0.06% | +0.04 |
| ROST Ross Stores Inc. | Add +9.3% | 0.22% | +0.04 |
| ZBRA Zebra Technologies Corp. Class A | Add +526.4% | 0.05% | +0.04 |
| SMTC Semtech Corp. | New | 0.04% | +0.04 |
| JBHT Hunt (jb) Transprt SVCS Inc. | New | 0.04% | +0.04 |
| COIN Coinbase Global Inc. Class A | Add +143.1% | 0.07% | +0.04 |
| PGR Progressive Corp. | Add +30.2% | 0.32% | +0.04 |
| RTX RTX Corp. | Add +17.7% | 0.18% | +0.04 |
| NEU Newmarket Corp. | New | 0.04% | +0.04 |
| STRL Sterling Infrastructure Inc. | Add +26.8% | 0.08% | +0.04 |
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 |