Louisiana State Employees Retirement System
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 29, 2025), Louisiana State Employees Retirement System reported 1,512 stock positions worth $5.3 billion. Its top holding was Apple (AAPL) at 5.9% of the portfolio, followed by Nvidia (NVDA, 5.2%) and Microsoft (MSFT, 4.9%). Compared with Q3 2024, it opened 15 new positions, sold out of 26, added to 346 and reduced 752. The biggest buy was Palantir Technologies Class A (PLTR, shares +138%) and the biggest sale Meta Platforms Class A (META, shares −19%).
- Most Recent 13F
- Q2 2026
- Location
- BATON ROUGE, LA
- CIK
- 0001537191
- Portfolio Value
- $5.3B (Q4 2024)
- SEC Filing
- 0001537191-25-000002 ↗ filed Jan 29, 2025
Holdings Value
Holdings 1,512 stocks · $5.3B
| AAPL Apple Inc. | 5.94% | 1,261,600 | $315.9M | Reduce -3.3% |
| NVDA Nvidia Corp. | 5.17% | 2,046,200 | $274.8M | Reduce -3.0% |
| MSFT Microsoft Corp. | 4.92% | 620,600 | $261.6M | Reduce -2.7% |
| AMZN Amazon.com Inc. | 3.37% | 815,500 | $178.9M | Reduce -2.4% |
| AVGO Broadcom Inc. | 2.10% | 480,500 | $111.4M | Reduce -21.9% |
| META Meta Platforms Inc. Class A | 2.00% | 182,000 | $106.6M | Reduce -19.4% |
| TSLA Tesla Inc. | 1.96% | 257,900 | $104.2M | Reduce -13.8% |
| GOOGL Alphabet Inc. Class A | 1.74% | 487,700 | $92.3M | Reduce -3.0% |
| GOOG Alphabet Inc. Class C | 1.51% | 420,200 | $80.0M | Reduce -3.5% |
| COST Costco Wholesale Corp. | 0.97% | 56,200 | $51.5M | Reduce -4.4% |
| NFLX Netflix Inc. | 0.91% | 54,200 | $48.3M | Reduce -4.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.84% | 98,600 | $44.7M | Reduce -4.4% |
| JPM JPMorgan Chase & Co. | 0.68% | 151,400 | $36.3M | Reduce -5.5% |
| LLY Eli Lilly & Co. | 0.62% | 42,400 | $32.7M | Reduce -4.5% |
| CSCO Cisco Systems Inc. | 0.56% | 505,200 | $29.9M | Reduce -5.4% |
| V Visa Inc. Class A | 0.55% | 93,000 | $29.4M | Reduce -1.1% |
| PEP Pepsico Inc. | 0.50% | 174,000 | $26.5M | Reduce -4.5% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.49% | 379,800 | $26.2M | Reduce -32.8% |
| XOM Exxon Mobil Corp. | 0.48% | 236,400 | $25.4M | Reduce -5.5% |
| LIN Linde PLC | 0.48% | 60,400 | $25.3M | Reduce -4.9% |
| UNH Unitedhealth Group Inc. | 0.47% | 49,500 | $25.0M | Reduce -4.8% |
| AMD Advanced Micro Devices | 0.47% | 205,800 | $24.9M | Reduce -4.1% |
| ADBE Adobe Inc. | 0.47% | 55,800 | $24.8M | Reduce -5.1% |
| TMUS T-Mobile US Inc. | 0.46% | 110,900 | $24.5M | Reduce -4.9% |
| ISRG Intuitive Surgical Inc. | 0.44% | 45,200 | $23.6M | Reduce -4.0% |
| MA Mastercard Inc. Class A | 0.44% | 44,100 | $23.2M | Reduce -5.0% |
| INTU Intuit Inc. | 0.42% | 35,500 | $22.3M | Reduce -4.0% |
| TXN Texas Instruments Inc. | 0.41% | 115,700 | $21.7M | Reduce -4.4% |
| QCOM Qualcomm Inc. | 0.41% | 140,900 | $21.6M | Reduce -4.6% |
| PG The Procter & Gamble Co. | 0.40% | 126,700 | $21.2M | Reduce -4.4% |
| WMT Walmart Inc. | 0.40% | 233,500 | $21.1M | Reduce -4.5% |
| BKNG Booking Holdings Inc. | 0.39% | 4,200 | $20.9M | Reduce -6.7% |
| HD Home Depot Inc. | 0.39% | 53,400 | $20.8M | Reduce -4.3% |
| PLTR Palantir Technologies Inc. Class A | 0.38% | 269,500 | $20.4M | Add +137.7% |
| JNJ Johnson & Johnson | 0.35% | 129,500 | $18.7M | Reduce -4.4% |
| HON Honeywell International Inc. | 0.35% | 82,500 | $18.6M | Reduce -4.4% |
| CMCSA Comcast Corp. Class A | 0.34% | 484,000 | $18.2M | Reduce -5.5% |
| AMGN Amgen Inc. | 0.33% | 68,100 | $17.7M | Reduce -4.5% |
| CRM Salesforce Inc. | 0.32% | 51,400 | $17.2M | Reduce -5.9% |
| AMAT Applied Materials Inc. | 0.32% | 104,500 | $17.0M | Reduce -4.6% |
| ABBV Abbvie Inc. | 0.32% | 95,100 | $16.9M | Reduce -4.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.30% | 359,100 | $15.8M | Reduce -5.5% |
| ADP Automatic Data Processing | 0.28% | 51,700 | $15.1M | Reduce -4.4% |
| PANW Palo Alto Networks Inc. | 0.28% | 83,100 | $15.1M | Reduce -3.1% |
| GILD Gilead Sciences Inc. | 0.27% | 158,000 | $14.6M | Reduce -4.3% |
| ORCL Oracle Corp. | 0.27% | 86,400 | $14.4M | Reduce -4.0% |
| MRK Merck & Co. Inc. | 0.25% | 136,100 | $13.5M | Reduce -4.6% |
| ADI Analog Devices Inc. | 0.25% | 62,900 | $13.4M | Reduce -4.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.25% | 32,700 | $13.2M | Reduce -4.4% |
| SBUX Starbucks Corp. | 0.25% | 143,800 | $13.1M | Reduce -4.3% |
| CVX Chevron Corp. | 0.24% | 89,900 | $13.0M | Reduce -6.2% |
| KO The Coca-Cola Co. | 0.24% | 208,500 | $13.0M | Reduce -4.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.24% | 24,900 | $12.7M | Reduce -31.8% |
| WFC Wells Fargo & Co. | 0.24% | 179,100 | $12.6M | Reduce -6.5% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.22% | 218,600 | $12.0M | Add +17.6% |
| MU Micron Technology Inc. | 0.22% | 140,900 | $11.9M | Reduce -4.2% |
| ACN Accenture PLC Class A | 0.22% | 33,600 | $11.8M | Reduce -4.8% |
| NOW ServiceNow Inc. | 0.22% | 11,100 | $11.8M | Reduce -4.3% |
| MCD McDonald's Corp. | 0.21% | 38,500 | $11.2M | Reduce -4.7% |
| INTC Intel Corp. | 0.21% | 546,900 | $11.0M | Reduce -3.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.21% | 49,700 | $10.9M | Reduce -4.2% |
| PYPL PayPal Holdings Inc. | 0.20% | 127,100 | $10.8M | Reduce -6.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.20% | 97,400 | $10.8M | Reduce -4.6% |
| TMO Thermo Fisher Scientific Inc. | 0.20% | 20,600 | $10.7M | Reduce -4.2% |
| KLAC KLA Corp. | 0.20% | 17,000 | $10.7M | Reduce -5.0% |
| ABT Abbott Laboratories | 0.20% | 93,300 | $10.6M | Reduce -4.8% |
| CDNS Cadence Design SYS Inc. | 0.20% | 34,800 | $10.5M | Reduce -4.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.19% | 29,600 | $10.1M | Reduce -3.9% |
| MDLZ Mondelez International Inc. Class A | 0.19% | 169,500 | $10.1M | Reduce -4.3% |
| PM Philip Morris International | 0.19% | 83,600 | $10.1M | Reduce -4.5% |
| GE General Electric filed as GE AEROSPACE | 0.18% | 58,200 | $9.7M | Reduce -4.6% |
| REGN Regeneron Pharmaceuticals | 0.18% | 13,600 | $9.7M | Reduce -4.9% |
| GS Goldman Sachs Group Inc. | 0.18% | 16,900 | $9.7M | Reduce -5.1% |
| SNPS Synopsys Inc. | 0.18% | 19,500 | $9.5M | Reduce -3.9% |
| CAT Caterpillar Inc. | 0.18% | 26,000 | $9.4M | Reduce -4.8% |
| MAR Marriott International Class A | 0.17% | 32,700 | $9.1M | Reduce -5.8% |
| VZ Verizon Communications Inc. | 0.17% | 226,400 | $9.1M | Reduce -4.5% |
| AXP American Express Co. | 0.17% | 29,900 | $8.9M | Reduce -5.4% |
| CEG Constellation Energy | 0.17% | 39,600 | $8.9M | Reduce -4.6% |
| T AT&T Inc. | 0.17% | 385,900 | $8.8M | Reduce -4.4% |
| CTAS Cintas Corp. | 0.16% | 47,800 | $8.7M | Reduce -4.4% |
| ORLY O'reilly Automotive Inc. | 0.16% | 7,300 | $8.7M | Reduce -5.2% |
| FTNT Fortinet Inc. | 0.16% | 90,200 | $8.5M | Reduce -4.0% |
| SPGI S&P Global Inc. | 0.16% | 17,100 | $8.5M | Reduce -5.0% |
| MS Morgan Stanley | 0.16% | 66,700 | $8.4M | Reduce -4.8% |
| RTX RTX Corp. | 0.16% | 71,600 | $8.3M | Reduce -4.4% |
| PFE Pfizer Inc. | 0.15% | 304,800 | $8.1M | Reduce -4.5% |
| ADSK Autodesk Inc. | 0.15% | 27,300 | $8.1M | Reduce -4.2% |
| DHR Danaher Corp. | 0.15% | 34,600 | $7.9M | Reduce -4.4% |
| NEE Nextera Energy Inc. | 0.15% | 110,600 | $7.9M | Reduce -4.4% |
| CSX CSX Corp. | 0.15% | 244,500 | $7.9M | Reduce -4.9% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.14% | 168,400 | $7.6M | Reduce -32.2% |
| PGR Progressive Corp. | 0.14% | 31,500 | $7.5M | Reduce -4.5% |
| LOW Lowe's Cos Inc. | 0.14% | 30,500 | $7.5M | Reduce -5.0% |
| UNP Union Pacific Corp. | 0.14% | 32,600 | $7.4M | Reduce -5.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.14% | 60,700 | $7.3M | Reduce -4.6% |
| ABNB Airbnb Inc. Class A | 0.14% | 54,900 | $7.2M | Reduce -6.0% |
| C Citigroup Inc. | 0.13% | 101,700 | $7.2M | Reduce -5.3% |
| BA The Boeing Co. | 0.13% | 40,200 | $7.1M | Add +21.8% |
| BSX Boston Scientific Corp. | 0.13% | 79,300 | $7.1M | Reduce -4.3% |
Portfolio Sells Q3 2024 → Q4 2024
| META Meta Platforms Inc. Class A | Reduce -19.4% | 2.00% | −0.37 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.26 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Reduce -32.8% | 0.49% | −0.21 |
| AMD Advanced Micro Devices | Reduce -4.1% | 0.47% | −0.18 |
| BLK BlackRock Finance Inc. | Sold out | 0.00% | −0.14 |
| MSFT Microsoft Corp. | Reduce -2.7% | 4.92% | −0.13 |
| LLY Eli Lilly & Co. | Reduce -4.5% | 0.62% | −0.11 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.10 |
| REGN Regeneron Pharmaceuticals | Reduce -4.9% | 0.18% | −0.09 |
| ADBE Adobe Inc. | Reduce -5.1% | 0.47% | −0.09 |
| AMGN Amgen Inc. | Reduce -4.5% | 0.33% | −0.09 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -31.8% | 0.24% | −0.09 |
| UNH Unitedhealth Group Inc. | Reduce -4.8% | 0.47% | −0.09 |
| AMAT Applied Materials Inc. | Reduce -4.6% | 0.32% | −0.09 |
| LIN Linde PLC | Reduce -4.9% | 0.48% | −0.08 |
| LII Lennox International Inc. | Reduce -80.9% | 0.02% | −0.08 |
| PEP Pepsico Inc. | Reduce -4.5% | 0.50% | −0.07 |
| SPSM SS SPDR P S&P 600 Small Cap | Reduce -32.2% | 0.14% | −0.07 |
| TPL Texas Pacific Land Corp. | Reduce -80.8% | 0.02% | −0.06 |
| XOM Exxon Mobil Corp. | Reduce -5.5% | 0.48% | −0.06 |
| MU Micron Technology Inc. | Reduce -4.2% | 0.22% | −0.06 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.06 |
| QCOM Qualcomm Inc. | Reduce -4.6% | 0.41% | −0.05 |
| KLAC KLA Corp. | Reduce -5.0% | 0.20% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -5.5% | 0.34% | −0.05 |
| JNJ Johnson & Johnson | Reduce -4.4% | 0.35% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -4.4% | 0.41% | −0.05 |
| MDLZ Mondelez International Inc. Class A | Reduce -4.3% | 0.19% | −0.05 |
| MRNA Moderna Inc. | Reduce -62.3% | 0.01% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -4.4% | 0.25% | −0.04 |
| KO The Coca-Cola Co. | Reduce -4.5% | 0.24% | −0.04 |
| MRK Merck & Co. Inc. | Reduce -4.6% | 0.25% | −0.04 |
| ABBV Abbvie Inc. | Reduce -4.3% | 0.32% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -4.2% | 0.20% | −0.04 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −0.04 |
| ELV Elevance Health Inc. | Reduce -4.6% | 0.09% | −0.04 |
| INTC Intel Corp. | Reduce -3.4% | 0.21% | −0.04 |
| PDD PDD Holdings Inc. | Reduce -4.3% | 0.09% | −0.04 |
| DHR Danaher Corp. | Reduce -4.4% | 0.15% | −0.04 |
| UBER Uber Technologies Inc. | Reduce -4.2% | 0.13% | −0.04 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -4.4% | 0.84% | −0.03 |
| CEG Constellation Energy | Reduce -4.6% | 0.17% | −0.03 |
| MCHP Microchip Technology Inc. | Reduce -4.2% | 0.07% | −0.03 |
| NEE Nextera Energy Inc. | Reduce -4.4% | 0.15% | −0.03 |
| GE General Electric | Reduce -4.6% | 0.18% | −0.03 |
| MELI MercadoLibre Inc. | Reduce -5.1% | 0.12% | −0.03 |
| SRCL Stericycle Inc. | Sold out | 0.00% | −0.03 |
| CMA Comerica Inc. | Reduce -43.1% | 0.04% | −0.03 |
| ENV Envestnet Inc. | Sold out | 0.00% | −0.03 |
| MLI Mueller Industries Inc. | Reduce -42.3% | 0.05% | −0.03 |
Portfolio Buys Q3 2024 → Q4 2024
| PLTR Palantir Technologies Inc. Class A | Add +137.7% | 0.38% | +0.31 |
| APP AppLovin Corp. Class A | New | 0.13% | +0.13 |
| DOCU Docusign Inc. | New | 0.10% | +0.10 |
| FLEX Flex Ltd. | New | 0.08% | +0.08 |
| AXON Axon Enterprise Inc. | Add +137.5% | 0.11% | +0.08 |
| APO Apollo Global Management Inc. | New | 0.07% | +0.07 |
| MSTR Strategy Inc. | New | 0.07% | +0.07 |
| BBWI Bath & Body Works Inc. | Add +740.5% | 0.08% | +0.07 |
| EXE Expand Energy Corp. | Add +89.0% | 0.11% | +0.06 |
| WDAY Workday Inc. Class A | Add +67.3% | 0.13% | +0.06 |
| TRNO Terreno Realty Corp. | New | 0.05% | +0.05 |
| QRVO Qorvo Inc. | Add +762.3% | 0.06% | +0.05 |
| SKY Champion Homes Inc. | New | 0.04% | +0.04 |
| BILL Bill Holdings Inc. | New | 0.04% | +0.04 |
| HIMS Hims & Hers Health Inc. | New | 0.04% | +0.04 |
| BA The Boeing Co. | Add +21.8% | 0.13% | +0.04 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +17.6% | 0.22% | +0.04 |
| FOUR SHIFT4 Payments Inc. Class A | New | 0.04% | +0.04 |
| CHWY Chewy Inc. Class A | New | 0.03% | +0.03 |
| ALK Alaska Air Group Inc. | Add +0.7% | 0.07% | +0.02 |
| CRGY Crescent Energy Inc. Class A | New | 0.02% | +0.02 |
| AAL American Airlines Group Inc. | Add +0.2% | 0.06% | +0.02 |
| GME Gamestop Corp. Class A | Add +4.9% | 0.07% | +0.02 |
| P Everpure Inc. Class A | Add +0.9% | 0.10% | +0.02 |
| FANG Diamondback Energy Inc. | Add +29.8% | 0.10% | +0.02 |
| AMTM Amentum Holdings Inc. | Add +757.1% | 0.02% | +0.02 |
| CIEN Ciena Corp. | Add +0.8% | 0.06% | +0.02 |
| SMTC Semtech Corp. | Add +12.4% | 0.05% | +0.02 |
| JEF Jefferies Financial Group Inc. | Add +0.2% | 0.07% | +0.02 |
| KD Kyndryl Holdings Inc. | Add +0.6% | 0.04% | +0.01 |
| ALTM Arcadium Lithium PLC | Add +0.2% | 0.03% | +0.01 |
| IDCC Interdigital Inc. | Add +0.8% | 0.04% | +0.01 |
| NBIX Neurocrine Biosciences Inc. | Add +0.4% | 0.07% | +0.01 |
| AESI Atlas Energy Solutions Inc. | New | 0.01% | +0.01 |
| EXEL Exelixis Inc. | Add +0.3% | 0.05% | +0.01 |
| VSXY Victoria's Secret & Co. | Add +0.3% | 0.03% | +0.01 |
| DTM DT Midstream Inc. | Add +0.4% | 0.05% | +0.01 |
| GKOS Glaukos Corp. | Add +0.4% | 0.08% | +0.01 |
| RBA RB Global Inc. | Add +0.2% | 0.09% | +0.01 |
| AR Antero Resources Corp. | Add +0.3% | 0.05% | +0.01 |
| BRBR Bellring Brands Inc. | Add +0.3% | 0.05% | +0.01 |
| EWBC East West Bancorp Inc. | Add +0.3% | 0.07% | +0.01 |
| SHAK Shake Shack Inc. Class A | Add +0.5% | 0.05% | +0.01 |
| DUOL Duolingo | Add +1.0% | 0.06% | +0.01 |
| CG The Carlyle Group Inc. | Add +0.5% | 0.06% | +0.01 |
| MAC The Macerich Co. | Add +13.7% | 0.04% | +0.01 |
| AROC Archrock Inc. | Add +3.7% | 0.04% | +0.01 |
| PCTY Paylocity Holding Corp. | Add +0.8% | 0.05% | +0.01 |
| WBS Webster Financial Corp. | Add +0.2% | 0.05% | +0.01 |
| AZTA Azenta Inc. | Add +61.8% | 0.02% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 1,523 | $6.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 1,517 | $5.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 1,522 | $5.8B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 1,516 | $6.0B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q2 2025 | 1,518 | $5.5B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 1,517 | $5.0B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 1,512 | $5.3B | AAPL, NVDA, MSFT, AMZN, AVGO |
| Q3 2024 | 1,521 | $5.4B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 1,518 | $5.2B | MSFT, AAPL, NVDA, AMZN, META |
| Q1 2024 | 1,522 | $5.1B | MSFT, AAPL, NVDA, AMZN, META |