Louisiana State Employees Retirement System
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed April 20, 2026), Louisiana State Employees Retirement System reported 1,517 stock positions worth $5.7 billion. Its top holding was Nvidia (NVDA) at 5.6% of the portfolio, followed by Apple (AAPL, 4.9%) and Microsoft (MSFT, 3.6%). Compared with Q4 2025, it opened 22 new positions, sold out of 28, added to 440 and reduced 891. The biggest buy was Walmart (WMT, shares +143%) and the biggest sale Microsoft (MSFT, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- BATON ROUGE, LA
- CIK
- 0001537191
- Portfolio Value
- $5.7B (Q1 2026)
- SEC Filing
- 0001537191-26-000003 ↗ filed Apr 20, 2026
Holdings Value
Holdings 1,517 stocks · $5.7B
| NVDA Nvidia Corp. | 5.55% | 1,816,600 | $316.8M | Reduce -0.7% |
| AAPL Apple Inc. | 4.88% | 1,097,600 | $278.6M | Reduce -1.4% |
| MSFT Microsoft Corp. | 3.60% | 555,100 | $205.5M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 2.75% | 753,200 | $156.9M | Reduce -0.4% |
| GOOGL Alphabet Inc. Class A | 2.19% | 435,200 | $125.1M | Reduce -0.7% |
| AVGO Broadcom Inc. | 1.92% | 354,400 | $109.7M | Reduce -0.3% |
| GOOG Alphabet Inc. Class C | 1.85% | 367,700 | $105.5M | Reduce -0.2% |
| META Meta Platforms Inc. Class A | 1.82% | 181,700 | $104.0M | Reduce -0.4% |
| TSLA Tesla Inc. | 1.71% | 262,100 | $97.4M | Add +4.5% |
| WMT Walmart Inc. | 1.19% | 544,500 | $67.7M | Add +143.1% |
| COST Costco Wholesale Corp. | 0.90% | 51,800 | $51.6M | Reduce -0.8% |
| SPYM Ste STR SPDR PT S&P 500 ETF | 0.90% | 672,500 | $51.5M | Add +46.2% |
| NFLX Netflix Inc. | 0.83% | 492,600 | $47.4M | Reduce -1.4% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.78% | 93,400 | $44.8M | Reduce -0.3% |
| MU Micron Technology Inc. | 0.78% | 131,300 | $44.4M | Reduce -1.0% |
| JPM JPMorgan Chase & Co. | 0.71% | 137,400 | $40.4M | Reduce -1.2% |
| PLTR Palantir Technologies Inc. Class A | 0.68% | 266,900 | $39.0M | Reduce -1.0% |
| AMD Advanced Micro Devices | 0.68% | 190,200 | $38.7M | Reduce -1.0% |
| LLY Eli Lilly & Co. | 0.65% | 40,400 | $37.2M | Reduce -0.5% |
| XOM Exxon Mobil Corp. | 0.63% | 213,000 | $36.1M | Reduce -1.1% |
| CSCO Cisco Systems Inc. | 0.63% | 460,900 | $35.8M | Reduce -1.0% |
| AMAT Applied Materials Inc. | 0.55% | 92,500 | $31.6M | Reduce -1.6% |
| LRCX Lam Research Corp. | 0.55% | 145,600 | $31.1M | Reduce -1.8% |
| JNJ Johnson & Johnson | 0.53% | 122,800 | $30.0M | Reduce -0.2% |
| LIN Linde PLC | 0.47% | 54,200 | $26.9M | Reduce -1.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.46% | 45,800 | $26.4M | Add +68.4% |
| V Visa Inc. Class A | 0.45% | 85,700 | $25.9M | Reduce -0.6% |
| INTC Intel Corp. | 0.44% | 567,400 | $25.0M | Add +3.5% |
| PEP Pepsico Inc. | 0.43% | 159,400 | $24.8M | Reduce -1.2% |
| KLAC KLA Corp. | 0.39% | 15,300 | $22.5M | Reduce -1.3% |
| AMGN Amgen Inc. | 0.39% | 62,800 | $22.1M | Reduce -1.1% |
| MA Mastercard Inc. Class A | 0.36% | 41,500 | $20.7M | Reduce -0.9% |
| TXN Texas Instruments Inc. | 0.36% | 105,900 | $20.6M | Reduce -1.2% |
| TMUS T-Mobile US Inc. | 0.36% | 96,500 | $20.3M | Reduce -2.9% |
| GILD Gilead Sciences Inc. | 0.35% | 144,800 | $20.2M | Reduce -1.1% |
| CVX Chevron Corp. | 0.35% | 95,500 | $19.8M | Reduce -1.2% |
| ABBV Abbvie Inc. | 0.34% | 90,100 | $19.6M | Reduce -0.2% |
| ISRG Intuitive Surgical Inc. | 0.33% | 41,400 | $19.1M | Reduce -1.0% |
| ADI Analog Devices Inc. | 0.32% | 57,000 | $18.1M | Reduce -1.6% |
| PG The Procter & Gamble Co. | 0.30% | 118,400 | $17.1M | Reduce -0.8% |
| CAT Caterpillar Inc. | 0.29% | 23,700 | $16.8M | Reduce -0.8% |
| HON Honeywell International Inc. | 0.29% | 74,200 | $16.8M | Reduce -0.9% |
| HD Home Depot Inc. | 0.29% | 50,700 | $16.7M | Reduce -0.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.29% | 338,200 | $16.5M | Reduce -1.5% |
| QCOM Qualcomm Inc. | 0.28% | 124,500 | $16.0M | Reduce -1.4% |
| BKNG Booking Holdings Inc. | 0.27% | 3,700 | $15.6M | Reduce -2.6% |
| MRK Merck & Co. Inc. | 0.27% | 126,500 | $15.2M | Reduce -0.2% |
| PANW Palo Alto Networks Inc. | 0.27% | 94,800 | $15.2M | Add +16.3% |
| GE General Electric filed as GE AEROSPACE | 0.27% | 53,400 | $15.2M | Reduce -0.9% |
| KO The Coca-Cola Co. | 0.26% | 197,300 | $15.0M | Reduce -0.3% |
| INTU Intuit Inc. | 0.25% | 32,400 | $14.0M | Reduce -1.2% |
| APP AppLovin Corp. Class A | 0.24% | 34,000 | $13.5M | Reduce -1.2% |
| VRTX Vertex Pharmaceuticals Inc. | 0.23% | 29,600 | $13.2M | Reduce -1.3% |
| RTX RTX Corp. | 0.23% | 68,400 | $13.2M | Reduce -0.1% |
| PM Philip Morris International | 0.23% | 79,300 | $13.1M | Reduce -0.3% |
| GS Goldman Sachs Group Inc. | 0.23% | 15,300 | $12.9M | No change |
| ORCL Oracle Corp. | 0.22% | 86,400 | $12.7M | Add +0.6% |
| WFC Wells Fargo & Co. | 0.22% | 157,600 | $12.5M | Reduce -1.7% |
| UNH Unitedhealth Group Inc. | 0.22% | 46,200 | $12.5M | Reduce -0.2% |
| CMCSA Comcast Corp. Class A | 0.21% | 418,600 | $12.0M | Reduce -2.4% |
| GEV GE Vernova Inc. | 0.21% | 13,700 | $12.0M | Reduce -1.4% |
| SBUX Starbucks Corp. | 0.21% | 132,900 | $11.9M | Reduce -1.0% |
| ADBE Adobe Inc. | 0.20% | 47,700 | $11.6M | Reduce -3.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.20% | 47,600 | $11.5M | Reduce -0.2% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.20% | 29,400 | $11.5M | Reduce -0.7% |
| MCD McDonald's Corp. | 0.20% | 36,300 | $11.3M | Reduce -0.3% |
| CEG Constellation Energy | 0.19% | 39,700 | $11.1M | Add +7.6% |
| VZ Verizon Communications Inc. | 0.19% | 214,900 | $10.8M | Reduce -0.2% |
| WDC Western Digital Corp. | 0.19% | 39,600 | $10.7M | Reduce -2.0% |
| T AT&T Inc. | 0.18% | 356,800 | $10.3M | Reduce -1.5% |
| C Citigroup Inc. | 0.18% | 89,100 | $10.1M | Reduce -2.5% |
| MS Morgan Stanley | 0.18% | 61,300 | $10.1M | Reduce -0.7% |
| STX Seagate Technology Holdings | 0.17% | 25,400 | $10.0M | No change |
| NEE Nextera Energy Inc. | 0.17% | 106,100 | $9.9M | Reduce -0.3% |
| SPMD SS SPDR P S&P 400 Midcap ETF | 0.17% | 161,400 | $9.6M | Add +26.2% |
| ADP Automatic Data Processing | 0.17% | 47,000 | $9.5M | Reduce -1.7% |
| SHOP Shopify Inc. Class A | 0.17% | 80,500 | $9.5M | Reduce -1.6% |
| TMO Thermo Fisher Scientific Inc. | 0.16% | 19,100 | $9.4M | Reduce -0.5% |
| MAR Marriott International Class A | 0.16% | 28,600 | $9.4M | Reduce -2.7% |
| REGN Regeneron Pharmaceuticals | 0.16% | 11,900 | $9.2M | Reduce -0.8% |
| ABT Abbott Laboratories | 0.16% | 88,600 | $9.1M | Reduce -0.2% |
| ORLY O'reilly Automotive Inc. | 0.16% | 98,000 | $9.0M | Reduce -1.6% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.16% | 56,600 | $9.0M | Reduce -0.3% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.16% | 186,000 | $9.0M | Add +342.9% |
| CRM Salesforce Inc. | 0.16% | 47,800 | $8.9M | Reduce -1.6% |
| CSX CSX Corp. | 0.16% | 217,000 | $8.9M | Reduce -1.2% |
| CDNS Cadence Design SYS Inc. | 0.16% | 32,000 | $8.9M | Reduce -0.3% |
| SNPS Synopsys Inc. | 0.15% | 22,300 | $8.8M | Add +1.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.15% | 90,300 | $8.7M | Reduce -1.0% |
| MDLZ Mondelez International Inc. Class A | 0.15% | 149,500 | $8.6M | Reduce -1.8% |
| AEP American Electric Power | 0.14% | 63,100 | $8.3M | Add +0.2% |
| AXP American Express Co. | 0.14% | 27,300 | $8.3M | Reduce -0.4% |
| COP Conocophillips | 0.14% | 62,400 | $8.2M | Reduce -1.1% |
| ROST Ross Stores Inc. | 0.14% | 37,700 | $8.2M | Reduce -1.8% |
| PFE Pfizer Inc. | 0.14% | 289,800 | $8.1M | Reduce -0.2% |
| FTI Technipfmc PLC | 0.14% | 117,300 | $8.1M | Add +4.8% |
| SCHW Schwab (charles) Corp. | 0.14% | 85,100 | $8.0M | Reduce -0.2% |
| BA The Boeing Co. | 0.14% | 40,000 | $8.0M | No change |
| WBD Warner Bros Discovery Inc. | 0.14% | 289,200 | $7.9M | Reduce -1.1% |
| APH Amphenol Corp. Class A | 0.14% | 62,600 | $7.9M | Add +0.2% |
Portfolio Sells Q4 2025 → Q1 2026
| MSFT Microsoft Corp. | Reduce -0.8% | 3.60% | −1.04 |
| AAPL Apple Inc. | Reduce -1.4% | 4.88% | −0.31 |
| NVDA Nvidia Corp. | Reduce -0.7% | 5.55% | −0.30 |
| AMZN Amazon.com Inc. | Reduce -0.4% | 2.75% | −0.24 |
| META Meta Platforms Inc. Class A | Reduce -0.4% | 1.82% | −0.24 |
| AVGO Broadcom Inc. | Reduce -0.3% | 1.92% | −0.19 |
| APP AppLovin Corp. Class A | Reduce -1.2% | 0.24% | −0.16 |
| GOOGL Alphabet Inc. Class A | Reduce -0.7% | 2.19% | −0.16 |
| PLTR Palantir Technologies Inc. Class A | Reduce -1.0% | 0.68% | −0.14 |
| GOOG Alphabet Inc. Class C | Reduce -0.2% | 1.85% | −0.14 |
| INTU Intuit Inc. | Reduce -1.2% | 0.25% | −0.13 |
| CIEN Ciena Corp. | Reduce -81.5% | 0.05% | −0.11 |
| COHR Coherent Corp. | Reduce -77.9% | 0.04% | −0.10 |
| LLY Eli Lilly & Co. | Reduce -0.5% | 0.65% | −0.10 |
| ADBE Adobe Inc. | Reduce -3.4% | 0.20% | −0.09 |
| QCOM Qualcomm Inc. | Reduce -1.4% | 0.28% | −0.09 |
| LITE Lumentum Holdings Inc. | Reduce -81.6% | 0.04% | −0.08 |
| BKNG Booking Holdings Inc. | Reduce -2.6% | 0.27% | −0.08 |
| ISRG Intuitive Surgical Inc. | Reduce -1.0% | 0.33% | −0.07 |
| V Visa Inc. Class A | Reduce -0.6% | 0.45% | −0.06 |
| CRM Salesforce Inc. | Reduce -1.6% | 0.16% | −0.06 |
| AZN Astrazeneca PLC-Spons ADR | Sold out | 0.00% | −0.06 |
| JPM JPMorgan Chase & Co. | Reduce -1.2% | 0.71% | −0.06 |
| DASH DoorDash Inc. Class A | Reduce -0.7% | 0.12% | −0.06 |
| HL Hecla Mining Co. | Reduce -47.6% | 0.06% | −0.06 |
| SHOP Shopify Inc. Class A | Reduce -1.6% | 0.17% | −0.06 |
| ECHO Echostar Corp. Class A | Reduce -81.5% | 0.01% | −0.06 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.05 |
| MA Mastercard Inc. Class A | Reduce -0.9% | 0.36% | −0.05 |
| FYBR Frontier Communications Pare | Sold out | 0.00% | −0.05 |
| SPXC SPX Technologies Inc. | Reduce -47.8% | 0.05% | −0.04 |
| ADP Automatic Data Processing | Reduce -1.7% | 0.17% | −0.04 |
| UNH Unitedhealth Group Inc. | Reduce -0.2% | 0.22% | −0.04 |
| BSX Boston Scientific Corp. | Reduce -0.1% | 0.08% | −0.04 |
| IBM Intl Business Machines Corp. | Reduce -0.2% | 0.20% | −0.04 |
| CADE Cadence Bank | Sold out | 0.00% | −0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -0.7% | 0.20% | −0.04 |
| ACN Accenture PLC Class A | Reduce -0.9% | 0.11% | −0.04 |
| WFC Wells Fargo & Co. | Reduce -1.7% | 0.22% | −0.04 |
| WDAY Workday Inc. Class A | Reduce -1.6% | 0.06% | −0.04 |
| BAC Bank of America Corp. | Reduce -1.5% | 0.29% | −0.03 |
| PNFP Pinnacle Financial Partners | Sold out | 0.00% | −0.03 |
| COF Capital One Financial Corp. | Reduce -1.9% | 0.10% | −0.03 |
| SNV Synovus Financial Corp. | Sold out | 0.00% | −0.03 |
| ABT Abbott Laboratories | Reduce -0.2% | 0.16% | −0.03 |
| AXP American Express Co. | Reduce -0.4% | 0.14% | −0.03 |
| AMD Advanced Micro Devices | Reduce -1.0% | 0.68% | −0.03 |
| ARWR Arrowhead Pharmaceuticals Inc. | Reduce -35.9% | 0.04% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -0.5% | 0.16% | −0.03 |
| DIS The Walt Disney Co. | Reduce -1.0% | 0.15% | −0.03 |
Portfolio Buys Q4 2025 → Q1 2026
| WMT Walmart Inc. | Add +143.1% | 1.19% | +0.76 |
| SPYM Ste STR SPDR PT S&P 500 ETF | Add +46.2% | 0.90% | +0.27 |
| QQQ Invesco QQQ Trust Series 1 | Add +68.4% | 0.46% | +0.18 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +342.9% | 0.16% | +0.12 |
| INTC Intel Corp. | Add +3.5% | 0.44% | +0.09 |
| VRT Vertiv Holdings Co. Class A | New | 0.09% | +0.09 |
| PNFP Pinnacle Financial Partners | New | 0.07% | +0.07 |
| AGX Argan Inc. | New | 0.06% | +0.06 |
| FTI Technipfmc PLC | Add +4.8% | 0.14% | +0.06 |
| SNDK Sandisk Corp. | Add +5.6% | 0.08% | +0.05 |
| MTCH Match Group Inc. | Add +765.3% | 0.06% | +0.05 |
| MOH Molina Healthcare Inc. | Add +776.9% | 0.05% | +0.05 |
| AHR American Healthcare REIT Inc. | New | 0.04% | +0.04 |
| VSEC Vse Corp. | New | 0.04% | +0.04 |
| LYFT LYFT Inc. Class A | New | 0.04% | +0.04 |
| RITM Rithm Capital Corp. | New | 0.04% | +0.04 |
| LW Lamb Weston Holdings Inc. | Add +767.6% | 0.05% | +0.04 |
| SPMD SS SPDR P S&P 400 Midcap ETF | Add +26.2% | 0.17% | +0.04 |
| XPO Xpo Inc. | Add +4.6% | 0.12% | +0.04 |
| PAYC Paycom Software Inc. | Add +768.0% | 0.05% | +0.04 |
| CASY Casey's General Stores Inc. | Add +3.9% | 0.14% | +0.04 |
| SM SM Energy Co. | Add +91.0% | 0.05% | +0.04 |
| MTZ Mastec Inc. | Add +4.7% | 0.10% | +0.04 |
| OVV Ovintiv Inc. | Add +14.8% | 0.08% | +0.04 |
| LAUR Laureate Education Inc. | New | 0.04% | +0.04 |
| PR Permian Resources Corp. Class A | Add +11.8% | 0.08% | +0.03 |
| BROS Dutch Bros Inc. Class A | New | 0.03% | +0.03 |
| APLS Apellis Pharmaceuticals Inc. | New | 0.03% | +0.03 |
| LTH Life Time Group Holdings Inc. | New | 0.03% | +0.03 |
| CW Curtiss-Wright Corp. | Add +4.9% | 0.13% | +0.03 |
| VSNT Versant Media Group Inc. | Add +276.1% | 0.04% | +0.03 |
| UTHR United Therapeutics Corp. | Add +5.0% | 0.13% | +0.03 |
| ENTG Entegris Inc. | Add +5.3% | 0.09% | +0.03 |
| NXT Nextpower Inc. | Add +4.9% | 0.09% | +0.03 |
| VIAV Viavi Solutions Inc. | Add +0.4% | 0.06% | +0.03 |
| MKSI MKS Inc. | Add +4.8% | 0.08% | +0.03 |
| ATI Ati Inc. | Add +4.8% | 0.10% | +0.03 |
| ADT Adt Inc. | New | 0.03% | +0.03 |
| CRS Carpenter Technology | Add +4.3% | 0.10% | +0.02 |
| LIF LIFE360 Inc. | New | 0.02% | +0.02 |
| SARO Standardaero Inc. | New | 0.02% | +0.02 |
| SPHR Sphere Entertainment Co. | New | 0.02% | +0.02 |
| USFD US Foods Holding Corp. | Add +3.6% | 0.10% | +0.02 |
| DAR Darling Ingredients Inc. | Add +4.8% | 0.05% | +0.02 |
| WWD Woodward Inc. | Add +4.2% | 0.11% | +0.02 |
| MPWR Monolithic Power Systems Inc. | Add +1.8% | 0.11% | +0.02 |
| AA Alcoa Corp. | Add +4.7% | 0.09% | +0.02 |
| RNG Ringcentral Inc. Class A | New | 0.02% | +0.02 |
| MTSI Macom Technology Solutions H | Add +5.7% | 0.07% | +0.02 |
| RBC RBC Bearings Inc. | Add +5.8% | 0.09% | +0.02 |
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 |