Kentucky Retirement Systems
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 13, 2025), Kentucky Retirement Systems reported 502 stock positions worth $3.6 billion. Its top holding was Nvidia (NVDA) at 7.6% of the portfolio, followed by Microsoft (MSFT, 6.7%) and Apple (AAPL, 6.4%). Compared with Q2 2025, it opened 22 new positions, sold out of 22, added to 54 and reduced 426. The biggest buy was a new position in Robinhood Markets Class A (HOOD) and the biggest sale Microsoft (MSFT, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- FRANKFORT, KY
- CIK
- 0001537783
- Portfolio Value
- $3.6B (Q3 2025)
- SEC Filing
- 0001537783-25-000008 ↗ filed Nov 13, 2025
Holdings Value
Holdings 502 stocks · $3.6B
| NVDA Nvidia Corp. | 7.58% | 1,469,449 | $274.2M | Reduce -2.0% |
| MSFT Microsoft Corp. | 6.67% | 465,647 | $241.2M | Reduce -2.3% |
| AAPL Apple Inc. | 6.45% | 915,340 | $233.1M | Reduce -3.1% |
| AMZN Amazon.com Inc. | 3.66% | 602,280 | $132.2M | Add +0.1% |
| META Meta Platforms Inc. Class A | 2.78% | 137,085 | $100.7M | Reduce -2.4% |
| AVGO Broadcom Inc. | 2.65% | 289,964 | $95.7M | Reduce -1.6% |
| GOOGL Alphabet Inc. Class A | 2.45% | 364,961 | $88.7M | Reduce -3.1% |
| TSLA Tesla Inc. | 2.17% | 176,605 | $78.5M | Reduce -0.9% |
| GOOG Alphabet Inc. Class C | 2.00% | 297,167 | $72.4M | Reduce -4.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.61% | 115,802 | $58.2M | Reduce -1.3% |
| JPM JPMorgan Chase & Co. | 1.52% | 174,372 | $55.0M | Reduce -10.7% |
| LLY Eli Lilly & Co. | 1.06% | 50,300 | $38.4M | Reduce -2.0% |
| V Visa Inc. Class A | 1.01% | 106,939 | $36.5M | Reduce -3.3% |
| NFLX Netflix Inc. | 0.88% | 26,609 | $31.9M | Reduce -3.0% |
| XOM Exxon Mobil Corp. | 0.85% | 272,067 | $30.7M | Reduce -3.5% |
| ORCL Oracle Corp. | 0.81% | 103,963 | $29.2M | Add +1.5% |
| MA Mastercard Inc. Class A | 0.80% | 51,080 | $29.1M | Reduce -2.3% |
| WMT Walmart Inc. | 0.78% | 273,161 | $28.2M | Reduce -1.8% |
| JNJ Johnson & Johnson | 0.77% | 151,091 | $28.0M | Reduce -2.3% |
| COST Costco Wholesale Corp. | 0.71% | 27,868 | $25.8M | Reduce -1.9% |
| ABBV Abbvie Inc. | 0.71% | 111,229 | $25.8M | Reduce -2.1% |
| HD Home Depot Inc. | 0.70% | 62,513 | $25.3M | Reduce -1.7% |
| PLTR Palantir Technologies Inc. Class A | 0.69% | 137,144 | $25.0M | Add +3.9% |
| PG The Procter & Gamble Co. | 0.63% | 147,474 | $22.7M | Reduce -2.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.60% | 423,470 | $21.8M | Reduce -0.8% |
| GE General Electric filed as GE AEROSPACE | 0.55% | 66,023 | $19.9M | Reduce -4.3% |
| UNH Unitedhealth Group Inc. | 0.55% | 57,133 | $19.7M | Reduce -3.1% |
| CVX Chevron Corp. | 0.52% | 120,594 | $18.7M | Add +14.9% |
| CSCO Cisco Systems Inc. | 0.47% | 249,899 | $17.1M | Reduce -2.3% |
| WFC Wells Fargo & Co. | 0.47% | 202,480 | $17.0M | Reduce -4.0% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.46% | 58,416 | $16.5M | Reduce -0.7% |
| AMD Advanced Micro Devices | 0.45% | 101,112 | $16.4M | Reduce -2.0% |
| KO The Coca-Cola Co. | 0.45% | 244,165 | $16.2M | Reduce -1.9% |
| PM Philip Morris International | 0.44% | 97,820 | $15.9M | Reduce -1.8% |
| GS Goldman Sachs Group Inc. | 0.42% | 18,874 | $15.0M | Reduce -2.4% |
| ABT Abbott Laboratories | 0.40% | 108,718 | $14.6M | Reduce -1.9% |
| RTX RTX Corp. | 0.39% | 84,000 | $14.1M | Reduce -1.4% |
| LIN Linde PLC | 0.39% | 29,484 | $14.0M | Reduce -4.3% |
| CRM Salesforce Inc. | 0.38% | 58,620 | $13.9M | Reduce -1.0% |
| CAT Caterpillar Inc. | 0.38% | 29,072 | $13.9M | Reduce -6.0% |
| MCD McDonald's Corp. | 0.38% | 44,882 | $13.6M | Reduce -2.8% |
| MRK Merck & Co. Inc. | 0.37% | 158,196 | $13.3M | Reduce -2.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.36% | 113,701 | $13.0M | Reduce -2.3% |
| T AT&T Inc. | 0.34% | 440,425 | $12.4M | Reduce -4.3% |
| UBER Uber Technologies Inc. | 0.34% | 126,406 | $12.4M | Reduce -3.0% |
| PEP Pepsico Inc. | 0.33% | 86,036 | $12.1M | Reduce -2.4% |
| NOW ServiceNow Inc. | 0.33% | 12,976 | $11.9M | Reduce -1.4% |
| MU Micron Technology Inc. | 0.32% | 70,152 | $11.7M | Reduce -0.7% |
| INTU Intuit Inc. | 0.32% | 17,143 | $11.7M | Reduce -2.1% |
| VZ Verizon Communications Inc. | 0.32% | 265,172 | $11.7M | Reduce -1.8% |
| C Citigroup Inc. | 0.32% | 114,639 | $11.6M | Reduce -5.5% |
| TMO Thermo Fisher Scientific Inc. | 0.32% | 23,710 | $11.5M | Reduce -3.1% |
| MS Morgan Stanley | 0.32% | 72,310 | $11.5M | Reduce -1.6% |
| AXP American Express Co. | 0.32% | 34,485 | $11.5M | Reduce -2.9% |
| QCOM Qualcomm Inc. | 0.31% | 67,828 | $11.3M | Reduce -5.3% |
| BLK BlackRock Inc. | 0.31% | 9,579 | $11.2M | Add +1.2% |
| BKNG Booking Holdings Inc. | 0.30% | 2,042 | $11.0M | Reduce -3.7% |
| APP AppLovin Corp. Class A | 0.30% | 14,969 | $10.8M | Reduce -10.9% |
| LRCX Lam Research Corp. | 0.30% | 80,281 | $10.7M | Reduce -2.6% |
| GEV GE Vernova Inc. | 0.29% | 17,165 | $10.6M | Reduce -1.7% |
| TXN Texas Instruments Inc. | 0.29% | 57,062 | $10.5M | Reduce -2.2% |
| AMAT Applied Materials Inc. | 0.29% | 50,358 | $10.3M | Reduce -3.5% |
| SCHW Schwab (charles) Corp. | 0.28% | 107,152 | $10.2M | Add +0.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.28% | 70,227 | $10.2M | Reduce -3.3% |
| ISRG Intuitive Surgical Inc. | 0.28% | 22,407 | $10.0M | Reduce -1.1% |
| BA The Boeing Co. | 0.27% | 45,498 | $9.8M | Reduce -5.1% |
| NEE Nextera Energy Inc. | 0.27% | 129,475 | $9.8M | Reduce -1.8% |
| ACN Accenture PLC Class A | 0.27% | 39,303 | $9.7M | Reduce -2.3% |
| AMGN Amgen Inc. | 0.26% | 33,770 | $9.5M | Reduce -1.8% |
| ANET Arista Networks Inc. | 0.26% | 64,770 | $9.4M | Reduce -1.9% |
| ADBE Adobe Inc. | 0.26% | 26,721 | $9.4M | Reduce -4.2% |
| SPGI S&P Global Inc. | 0.26% | 19,279 | $9.4M | Reduce -3.9% |
| APH Amphenol Corp. Class A | 0.26% | 75,705 | $9.4M | Add +0.0% |
| ETN Eaton Corp. PLC | 0.25% | 24,605 | $9.2M | Reduce -2.7% |
| INTC Intel Corp. | 0.25% | 274,376 | $9.2M | Reduce -1.2% |
| PFE Pfizer Inc. | 0.25% | 356,685 | $9.1M | Reduce -1.9% |
| PGR Progressive Corp. | 0.25% | 36,792 | $9.1M | Reduce -1.8% |
| BSX Boston Scientific Corp. | 0.25% | 92,676 | $9.0M | Reduce -1.6% |
| KLAC KLA Corp. | 0.25% | 8,355 | $9.0M | Reduce -1.9% |
| UNP Union Pacific Corp. | 0.25% | 37,549 | $8.9M | Reduce -4.0% |
| LOW Lowe's Cos Inc. | 0.24% | 35,189 | $8.8M | Reduce -2.8% |
| GILD Gilead Sciences Inc. | 0.24% | 78,193 | $8.7M | Reduce -2.3% |
| HON Honeywell International Inc. | 0.23% | 39,927 | $8.4M | Reduce -4.4% |
| PANW Palo Alto Networks Inc. | 0.23% | 41,242 | $8.4M | Reduce -0.6% |
| COF Capital One Financial Corp. | 0.23% | 39,466 | $8.4M | Reduce -2.8% |
| SYK Stryker Corp. | 0.22% | 21,611 | $8.0M | Reduce -6.8% |
| DHR Danaher Corp. | 0.22% | 40,056 | $7.9M | Reduce -3.2% |
| BX Blackstone Inc. | 0.22% | 45,954 | $7.9M | Reduce -0.6% |
| MDT Medtronic PLC | 0.21% | 80,516 | $7.7M | Reduce -2.1% |
| ADI Analog Devices Inc. | 0.21% | 31,150 | $7.7M | Reduce -1.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.21% | 15,334 | $7.5M | Add +4.0% |
| COP Conocophillips | 0.21% | 79,479 | $7.5M | Reduce -4.2% |
| ADP Automatic Data Processing | 0.21% | 25,584 | $7.5M | Reduce -2.9% |
| WELL Welltower Inc. | 0.21% | 42,016 | $7.5M | Add +6.4% |
| CMCSA Comcast Corp. Class A | 0.20% | 229,946 | $7.2M | Reduce -4.3% |
| DE Deere & Co. | 0.19% | 15,340 | $7.0M | Reduce -4.0% |
| MO Altria Group Inc. | 0.19% | 105,911 | $7.0M | Reduce -2.6% |
| TMUS T-Mobile US Inc. | 0.19% | 28,513 | $6.8M | Reduce -5.5% |
| SPOT Spotify Technology SA | 0.19% | 9,658 | $6.7M | Add +2.5% |
| PLD Prologis Inc. | 0.18% | 58,239 | $6.7M | Reduce -1.7% |
Portfolio Sells Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | Reduce -2.3% | 6.67% | −0.27 |
| META Meta Platforms Inc. Class A | Reduce -2.4% | 2.78% | −0.25 |
| NFLX Netflix Inc. | Reduce -3.0% | 0.88% | −0.19 |
| V Visa Inc. Class A | Reduce -3.3% | 1.01% | −0.14 |
| JPM JPMorgan Chase & Co. | Reduce -10.7% | 1.52% | −0.14 |
| COST Costco Wholesale Corp. | Reduce -1.9% | 0.71% | −0.11 |
| LLY Eli Lilly & Co. | Reduce -2.0% | 1.06% | −0.11 |
| PM Philip Morris International | Reduce -1.8% | 0.44% | −0.09 |
| CRM Salesforce Inc. | Reduce -1.0% | 0.38% | −0.09 |
| ACN Accenture PLC Class A | Reduce -2.3% | 0.27% | −0.08 |
| ISRG Intuitive Surgical Inc. | Reduce -1.1% | 0.28% | −0.08 |
| INTU Intuit Inc. | Reduce -2.1% | 0.32% | −0.08 |
| PG The Procter & Gamble Co. | Reduce -2.5% | 0.63% | −0.08 |
| HES Hess Corp. | Sold out | 0.00% | −0.07 |
| KO The Coca-Cola Co. | Reduce -1.9% | 0.45% | −0.07 |
| NOW ServiceNow Inc. | Reduce -1.4% | 0.33% | −0.07 |
| TXN Texas Instruments Inc. | Reduce -2.2% | 0.29% | −0.06 |
| DIS The Walt Disney Co. | Reduce -2.3% | 0.36% | −0.06 |
| FISV Fiserv Inc. | Reduce -6.4% | 0.12% | −0.06 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.3% | 1.61% | −0.06 |
| MA Mastercard Inc. Class A | Reduce -2.3% | 0.80% | −0.06 |
| ADBE Adobe Inc. | Reduce -4.2% | 0.26% | −0.06 |
| BKNG Booking Holdings Inc. | Reduce -3.7% | 0.30% | −0.05 |
| CMG Chipotle Mexican Grill Inc. | Reduce -3.8% | 0.09% | −0.05 |
| HON Honeywell International Inc. | Reduce -4.4% | 0.23% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -4.3% | 0.20% | −0.05 |
| IBM Intl Business Machines Corp. | Reduce -0.7% | 0.46% | −0.05 |
| SPGI S&P Global Inc. | Reduce -3.9% | 0.26% | −0.05 |
| SYK Stryker Corp. | Reduce -6.8% | 0.22% | −0.05 |
| CSCO Cisco Systems Inc. | Reduce -2.3% | 0.47% | −0.05 |
| T AT&T Inc. | Reduce -4.3% | 0.34% | −0.05 |
| BSX Boston Scientific Corp. | Reduce -1.6% | 0.25% | −0.05 |
| DE Deere & Co. | Reduce -4.0% | 0.19% | −0.04 |
| APO Apollo Global Management Inc. | Reduce -22.6% | 0.10% | −0.04 |
| ELV Elevance Health Inc. | Reduce -4.7% | 0.13% | −0.04 |
| PGR Progressive Corp. | Reduce -1.8% | 0.25% | −0.04 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -2.6% | 0.17% | −0.04 |
| XOM Exxon Mobil Corp. | Reduce -3.5% | 0.85% | −0.04 |
| ABT Abbott Laboratories | Reduce -1.9% | 0.40% | −0.04 |
| CB Chubb Ltd. | Reduce -9.9% | 0.18% | −0.04 |
| AMT American Tower Corp. | Reduce -1.9% | 0.16% | −0.04 |
| LIN Linde PLC | Reduce -4.3% | 0.39% | −0.04 |
| CI The Cigna Group | Reduce -4.1% | 0.13% | −0.03 |
| CARR Carrier Global Corp. | Reduce -7.3% | 0.08% | −0.03 |
| FTNT Fortinet Inc. | Reduce -1.2% | 0.09% | −0.03 |
| UPS United Parcel Service Class B | Reduce -1.4% | 0.11% | −0.03 |
| WM Waste Management Inc. | Reduce -9.6% | 0.14% | −0.03 |
| ADP Automatic Data Processing | Reduce -2.9% | 0.21% | −0.03 |
| MRSH Marsh & McLennan Cos | Reduce -1.9% | 0.17% | −0.03 |
Portfolio Buys Q2 2025 → Q3 2025
| HOOD Robinhood Markets Inc. Class A | New | 0.18% | +0.18 |
| PLTR Palantir Technologies Inc. Class A | Add +3.9% | 0.69% | +0.17 |
| ORCL Oracle Corp. | Add +1.5% | 0.81% | +0.15 |
| CVNA Carvana Co. | New | 0.09% | +0.09 |
| CVX Chevron Corp. | Add +14.9% | 0.52% | +0.08 |
| FLUT Flutter Entertainment PLC-Di | New | 0.08% | +0.08 |
| AU Anglogold Ashanti PLC | New | 0.06% | +0.06 |
| EQT Eqt Corp. | New | 0.06% | +0.06 |
| NRG NRG Energy Inc. | New | 0.05% | +0.05 |
| RDDT Reddit Inc. Class A | New | 0.05% | +0.05 |
| RBLX Roblox Corp. Class A | Add +14.0% | 0.15% | +0.04 |
| EXE Expand Energy Corp. | New | 0.04% | +0.04 |
| APH Amphenol Corp. Class A | Add +0.0% | 0.26% | +0.04 |
| SW Smurfit Westrock PLC | New | 0.04% | +0.04 |
| BAM Brookfield Asset Mgmt-A | New | 0.04% | +0.04 |
| NTRA Natera Inc. | New | 0.04% | +0.04 |
| QSR Restaurant Brands Intern | New | 0.04% | +0.04 |
| TPL Texas Pacific Land Corp. | New | 0.03% | +0.03 |
| WELL Welltower Inc. | Add +6.4% | 0.21% | +0.03 |
| LII Lennox International Inc. | New | 0.03% | +0.03 |
| TOST Toast Inc. Class A | New | 0.03% | +0.03 |
| TKO Tko Group Holdings Inc. | New | 0.02% | +0.02 |
| VIK Viking Holdings Ltd. | New | 0.02% | +0.02 |
| BLK BlackRock Inc. | Add +1.2% | 0.31% | +0.02 |
| IOT Samsara Inc. Class A | New | 0.02% | +0.02 |
| ONON On Holding AG Class A | New | 0.02% | +0.02 |
| CHWY Chewy Inc. Class A | New | 0.01% | +0.01 |
| MDB Mongodb Inc. | Add +7.9% | 0.04% | +0.01 |
| VRT Vertiv Holdings Co. Class A | Add +4.1% | 0.10% | +0.01 |
| TER Teradyne Inc. | Add +0.9% | 0.04% | +0.01 |
| SRE Sempra | Add +1.0% | 0.10% | +0.01 |
| DELL Dell Technologies -C | Add +7.6% | 0.07% | +0.01 |
| CRCL Circle Internet Group Inc. | New | 0.01% | +0.01 |
| SNPS Synopsys Inc. | Add +17.3% | 0.16% | +0.01 |
| XEL Xcel Energy Inc. | Add +0.9% | 0.08% | +0.01 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +1.0% | 0.09% | +0.01 |
| GRMN Garmin Ltd. | Add +3.1% | 0.07% | +0.01 |
| RKT Rocket Cos Inc. Class A | New | 0.01% | +0.01 |
| AMCR Amcor PLC | Add +57.0% | 0.03% | +0.01 |
| ETR Entergy Corp. | Add +2.6% | 0.07% | +0.01 |
| VTR Ventas Inc. | Add +6.1% | 0.06% | +0.01 |
| CPNG Coupang Inc. | Add +5.0% | 0.07% | +0.00 |
| OXY Occidental Petroleum Corp. | Add +1.5% | 0.06% | +0.00 |
| TTWO Take-Two Interactive Softwre | Add +3.5% | 0.08% | +0.00 |
| RCL Royal Caribbean Cruises Ltd. | Add +4.7% | 0.14% | +0.00 |
| ATO Atmos Energy Corp. | Add +0.2% | 0.05% | +0.00 |
| COR Cencora Inc. | Add +3.6% | 0.10% | +0.00 |
| FOX Fox Corp. Class B | Add +10.6% | 0.01% | +0.00 |
| EVRG Evergy Inc. | Add +1.3% | 0.03% | +0.00 |
| O Realty Income Corp. | Add +1.7% | 0.10% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 505 | $4.0B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 499 | $1.4B | AAPL, XOM, GOOGLE LLC-CL A, MSFT, GE |
| Q4 2025 | 503 | $3.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 502 | $3.6B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 502 | $3.4B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2025 | 504 | $3.3B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 496 | $3.4B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 504 | $3.4B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 502 | $3.5B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2024 | 503 | $3.3B | MSFT, AAPL, NVDA, AMZN, META |