Nisa Investment Advisors, LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 30, 2025), Nisa Investment Advisors, LLC reported 2,979 stock positions worth $20.0 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 18.5% of the portfolio, followed by Apple (AAPL, 4.7%) and Microsoft (MSFT, 4.2%). Compared with Q4 2024, it opened 125 new positions, sold out of 152, added to 1,116 and reduced 1,304. The biggest buy was Qualcomm (QCOM, shares +53%) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −33%).
- Most Recent 13F
- Q2 2026
- Location
- ST. LOUIS, MO
- CIK
- 0000937615
- Portfolio Value
- $20.0B (Q1 2025)
- SEC Filing
- 0000937615-25-000003 ↗ filed Apr 30, 2025
Holdings Value
Holdings 2,979 stocks · $20.0B
| IVV iShares Core S&P 500 ETF | 18.52% | 6,590,130 | $3.7B | Reduce -33.3% |
| AAPL Apple Inc. | 4.74% | 4,270,292 | $948.6M | Reduce -2.0% |
| MSFT Microsoft Corp. | 4.20% | 2,237,807 | $840.1M | Reduce -6.3% |
| NVDA Nvidia Corp. | 4.08% | 7,531,676 | $816.4M | Reduce -15.0% |
| AMZN Amazon.com Inc. | 1.90% | 1,993,541 | $379.3M | Add +1.2% |
| META Meta Platforms Inc. Class A | 1.78% | 616,338 | $355.2M | Reduce -13.2% |
| GOOGL Alphabet Inc. Class A | 1.47% | 1,900,415 | $293.9M | Reduce -6.3% |
| GOOG Alphabet Inc. Class C | 1.44% | 1,841,506 | $287.7M | Reduce -27.5% |
| AVGO Broadcom Inc. | 1.24% | 1,479,241 | $247.7M | Add +3.0% |
| JPM JPMorgan Chase & Co. | 1.15% | 940,806 | $230.8M | Reduce -0.9% |
| LLY Eli Lilly & Co. | 1.01% | 243,618 | $201.2M | Reduce -7.1% |
| V Visa Inc. Class A | 0.89% | 509,461 | $178.5M | Add +2.8% |
| MA Mastercard Inc. Class A | 0.79% | 289,007 | $158.4M | Reduce -0.3% |
| TSLA Tesla Inc. | 0.76% | 585,969 | $151.9M | Reduce -0.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.74% | 278,649 | $148.4M | Reduce -18.6% |
| UNH Unitedhealth Group Inc. | 0.70% | 268,011 | $140.4M | Add +1.3% |
| NFLX Netflix Inc. | 0.68% | 146,716 | $136.8M | Add +2.1% |
| XOM Exxon Mobil Corp. | 0.68% | 1,149,389 | $136.7M | Reduce -2.8% |
| CSCO Cisco Systems Inc. | 0.62% | 2,020,405 | $124.7M | Reduce -12.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.61% | 2,932,387 | $122.4M | Reduce -2.7% |
| JNJ Johnson & Johnson | 0.61% | 732,785 | $121.5M | Reduce -5.9% |
| COST Costco Wholesale Corp. | 0.60% | 125,950 | $119.1M | Reduce -14.5% |
| QCOM Qualcomm Inc. | 0.59% | 762,296 | $117.1M | Add +52.5% |
| BKNG Booking Holdings Inc. | 0.58% | 25,051 | $115.4M | Reduce -26.4% |
| WMT Walmart Inc. | 0.57% | 1,301,584 | $114.6M | Reduce -17.0% |
| HD Home Depot Inc. | 0.56% | 304,766 | $111.7M | Reduce -14.0% |
| PG The Procter & Gamble Co. | 0.54% | 639,164 | $108.9M | Reduce -4.2% |
| PEP Pepsico Inc. | 0.54% | 717,999 | $107.7M | Reduce -27.1% |
| ABBV Abbvie Inc. | 0.50% | 474,993 | $99.5M | Reduce -5.4% |
| CME Cme Group Inc. | 0.48% | 364,899 | $96.8M | Add +2.1% |
| AMAT Applied Materials Inc. | 0.47% | 642,644 | $93.3M | Add +23.4% |
| HON Honeywell International Inc. | 0.45% | 421,308 | $89.2M | Reduce -25.6% |
| PM Philip Morris International | 0.44% | 554,146 | $88.7M | Reduce -6.4% |
| T AT&T Inc. | 0.42% | 3,004,508 | $85.0M | Add +89.0% |
| ORCL Oracle Corp. | 0.40% | 575,679 | $80.5M | Reduce -3.5% |
| CVX Chevron Corp. | 0.39% | 466,861 | $78.1M | Reduce -1.1% |
| KO The Coca-Cola Co. | 0.37% | 1,035,575 | $74.7M | Reduce -6.0% |
| INTU Intuit Inc. | 0.36% | 118,164 | $72.6M | Reduce -26.3% |
| WFC Wells Fargo & Co. | 0.35% | 988,082 | $70.9M | Add +9.1% |
| MS Morgan Stanley | 0.35% | 603,565 | $70.4M | Add +2.2% |
| MCD McDonald's Corp. | 0.35% | 221,511 | $69.2M | Reduce -2.2% |
| ABT Abbott Laboratories | 0.34% | 518,441 | $68.8M | Reduce -3.6% |
| TMO Thermo Fisher Scientific Inc. | 0.34% | 136,933 | $68.2M | Reduce -7.1% |
| AXP American Express Co. | 0.34% | 252,967 | $68.1M | Add +0.4% |
| TXN Texas Instruments Inc. | 0.32% | 353,435 | $63.5M | Reduce -8.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 641,076 | $63.3M | Reduce -0.3% |
| IEMG iShares Core MSCI Emerging | 0.31% | 1,137,493 | $61.4M | Add +0.9% |
| MRK Merck & Co. Inc. | 0.31% | 677,428 | $61.4M | Reduce -21.4% |
| CRM Salesforce Inc. | 0.31% | 228,500 | $61.3M | Add +10.2% |
| AMT American Tower Corp. | 0.31% | 280,745 | $61.1M | Add +11.2% |
| EQIX Equinix Inc. | 0.30% | 74,434 | $60.7M | Add +71.7% |
| ADP Automatic Data Processing | 0.30% | 194,123 | $59.6M | Reduce -1.9% |
| ADBE Adobe Inc. | 0.29% | 152,675 | $58.6M | Add +1.9% |
| ELV Elevance Health Inc. | 0.29% | 132,384 | $57.6M | Reduce -33.6% |
| CB Chubb Ltd. | 0.28% | 186,890 | $56.7M | Reduce -41.8% |
| CAT Caterpillar Inc. | 0.28% | 171,185 | $56.5M | Add +4.9% |
| FISV Fiserv Inc. | 0.28% | 255,517 | $56.4M | Reduce -6.3% |
| LIN Linde PLC | 0.28% | 120,224 | $56.0M | Reduce -33.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.28% | 223,807 | $55.7M | Add +2.3% |
| ISRG Intuitive Surgical Inc. | 0.28% | 111,739 | $55.3M | Reduce -3.0% |
| CMCSA Comcast Corp. Class A | 0.27% | 1,463,611 | $54.0M | Reduce -39.5% |
| UNP Union Pacific Corp. | 0.26% | 219,775 | $51.9M | Reduce -4.2% |
| GS Goldman Sachs Group Inc. | 0.26% | 94,947 | $51.9M | Reduce -16.8% |
| ACN Accenture PLC Class A | 0.26% | 165,111 | $51.5M | Add +12.7% |
| AMGN Amgen Inc. | 0.26% | 164,360 | $51.2M | Reduce -3.7% |
| RTX RTX Corp. | 0.25% | 383,356 | $50.8M | Reduce -38.1% |
| PLD Prologis Inc. | 0.25% | 448,894 | $50.2M | Reduce -7.6% |
| COP Conocophillips | 0.24% | 465,732 | $48.9M | Reduce -3.2% |
| LOW Lowe's Cos Inc. | 0.24% | 207,773 | $48.5M | Reduce -7.1% |
| AMD Advanced Micro Devices | 0.24% | 464,569 | $47.7M | Add +1.1% |
| GE General Electric filed as GE AEROSPACE | 0.23% | 233,423 | $46.8M | Reduce -10.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.23% | 383,499 | $46.7M | Add +0.4% |
| VEU Vanguard Ftse All-World Ex-U | 0.23% | 769,800 | $46.7M | No change |
| PGR Progressive Corp. | 0.23% | 163,335 | $46.2M | Reduce -27.0% |
| DE Deere & Co. | 0.23% | 97,115 | $45.7M | Reduce -0.7% |
| EA Electronic Arts Inc. | 0.22% | 308,336 | $44.6M | Add +175.9% |
| MRSH Marsh & McLennan Cos | 0.22% | 180,237 | $44.0M | Add +0.5% |
| TMUS T-Mobile US Inc. | 0.22% | 162,661 | $43.4M | Reduce -36.1% |
| WELL Welltower Inc. | 0.21% | 280,029 | $42.9M | Reduce -6.0% |
| ICE Intercontinental Exchange Inc. | 0.21% | 247,024 | $42.6M | Reduce -0.5% |
| CCI Crown Castle Inc. | 0.21% | 405,085 | $42.2M | Add +5.0% |
| BSX Boston Scientific Corp. | 0.20% | 405,955 | $41.0M | Add +4.4% |
| DHR Danaher Corp. | 0.20% | 199,018 | $40.9M | Reduce -18.9% |
| SPGI S&P Global Inc. | 0.20% | 80,376 | $40.8M | Reduce -0.5% |
| MSI Motorola Solutions Inc. | 0.20% | 92,934 | $40.8M | Reduce -2.7% |
| VZ Verizon Communications Inc. | 0.20% | 899,214 | $40.8M | Reduce -54.5% |
| UBER Uber Technologies Inc. | 0.20% | 554,954 | $40.4M | Add +42.8% |
| SCHW Schwab (charles) Corp. | 0.20% | 513,514 | $40.2M | Add +11.6% |
| C Citigroup Inc. | 0.20% | 559,761 | $39.7M | Add +17.9% |
| MDT Medtronic PLC | 0.20% | 431,312 | $39.1M | Reduce -22.2% |
| LMT Lockheed Martin Corp. | 0.20% | 87,398 | $39.0M | Reduce -33.2% |
| EFA iShares MSCI Eafe ETF | 0.19% | 474,750 | $38.8M | Add +3.4% |
| GILD Gilead Sciences Inc. | 0.19% | 345,569 | $38.7M | Reduce -15.5% |
| NOW ServiceNow Inc. | 0.19% | 48,351 | $38.5M | Reduce -26.6% |
| CMI Cummins Inc. | 0.19% | 122,383 | $38.4M | Reduce -0.2% |
| SYK Stryker Corp. | 0.19% | 102,425 | $38.2M | Reduce -17.8% |
| BLK BlackRock Inc. | 0.19% | 40,258 | $38.1M | Reduce -3.9% |
| SBUX Starbucks Corp. | 0.19% | 386,070 | $37.9M | Reduce -3.8% |
| ADI Analog Devices Inc. | 0.18% | 178,861 | $36.1M | Reduce -12.7% |
| ALL Allstate Corp. | 0.18% | 170,177 | $35.4M | Reduce -0.1% |
Lines left out (2) · $86K — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| NOBL Proshares S&P 500 Dividend A | S&P 500 DV ARIST | 0 | $86K |
| UTMD Utah Medical Products Inc. | COM | 0 | $4 |
Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.
Total filed on the 13F, all lines: $20.0B.
Portfolio Sells Q4 2024 → Q1 2025
| IVV iShares Core S&P 500 ETF | Reduce -33.3% | 18.52% | −4.03 |
| NISA CIT ULTRA MID TREASURY I SHARES A | Sold out | 0.00% | −2.68 |
| NISA CIT LONG CREDIT I SHARES O | Sold out | 0.00% | −1.43 |
| NVDA Nvidia Corp. | Reduce -15.0% | 4.08% | −0.53 |
| GOOG Alphabet Inc. Class C | Reduce -27.5% | 1.44% | −0.44 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -100.0% | 0.00% | −0.38 |
| NISA CIT INT CREDIT I SHARES O | Sold out | 0.00% | −0.27 |
| TSLA Tesla Inc. | Reduce -0.7% | 0.76% | −0.16 |
| MSEQX Msif Growth Portfolio-I | Sold out | 0.00% | −0.16 |
| MSFAX Msif Global Franchise-I | Sold out | 0.00% | −0.11 |
| VZ Verizon Communications Inc. | Reduce -54.5% | 0.20% | −0.10 |
| GLW Corning Inc. | Reduce -68.3% | 0.06% | −0.10 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -85.4% | 0.02% | −0.09 |
| GEO The Geo Group Inc. | Reduce -98.6% | 0.00% | −0.09 |
| ETR Entergy Corp. | Reduce -88.3% | 0.02% | −0.09 |
| GEV GE Vernova Inc. | Reduce -60.1% | 0.07% | −0.08 |
| CMCSA Comcast Corp. Class A | Reduce -39.5% | 0.27% | −0.08 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -70.8% | 0.05% | −0.08 |
| BKNG Booking Holdings Inc. | Reduce -26.4% | 0.58% | −0.08 |
| NOW ServiceNow Inc. | Reduce -26.6% | 0.19% | −0.08 |
| MGGIX Msif Global Opportunity-I | Sold out | 0.00% | −0.08 |
| AON Aon PLC Class A | Reduce -58.3% | 0.11% | −0.08 |
| ANET Arista Networks Inc. | Reduce -38.6% | 0.09% | −0.07 |
| MPEGX Msift Discovery Port-I | Sold out | 0.00% | −0.07 |
| CB Chubb Ltd. | Reduce -41.8% | 0.28% | −0.06 |
| PEG Public Service Enterprise GP | Reduce -71.4% | 0.03% | −0.06 |
| AEP American Electric Power | Reduce -77.3% | 0.03% | −0.06 |
| BDX Becton Dickinson and Co. | Reduce -55.5% | 0.08% | −0.06 |
| ASHR Xtrackers Harvest Csi 300 CH | Sold out | 0.00% | −0.05 |
| LMT Lockheed Martin Corp. | Reduce -33.2% | 0.20% | −0.05 |
| AET-INS | Sold out | 0.00% | −0.05 |
| HON Honeywell International Inc. | Reduce -25.6% | 0.45% | −0.05 |
| TT Trane Technologies PLC | Reduce -37.5% | 0.14% | −0.05 |
| PEP Pepsico Inc. | Reduce -27.1% | 0.54% | −0.05 |
| SRE Sempra | Reduce -47.9% | 0.05% | −0.04 |
| SUM Summit Materials Inc. Class A | Sold out | 0.00% | −0.04 |
| MCK McKesson Corp. | Reduce -45.6% | 0.18% | −0.04 |
| SPG Simon Property Group Inc. | Reduce -34.4% | 0.16% | −0.04 |
| GLDM SPDR Gold Minishares Trust | Sold out | 0.00% | −0.03 |
| FDX FedEx Corp. | Reduce -33.3% | 0.10% | −0.03 |
| PDBC Invesco Optimum Yield Divers | Sold out | 0.00% | −0.03 |
| MRVL Marvell Technology Inc. | Reduce -36.6% | 0.03% | −0.03 |
| JXN Jackson Financial Inc. Class A | Reduce -52.1% | 0.05% | −0.03 |
| WTW Willis Towers Watson PLC | Reduce -78.6% | 0.01% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -21.4% | 0.31% | −0.03 |
| INTU Intuit Inc. | Reduce -26.3% | 0.36% | −0.03 |
| PRGO Perrigo Co. PLC | Reduce -90.3% | 0.00% | −0.03 |
| PRU Prudential Financial Inc. | Reduce -38.0% | 0.08% | −0.03 |
| BNY Bank of New York Mellon Corp. | Reduce -69.6% | 0.02% | −0.02 |
| POR Portland General Electric Co. | Reduce -85.4% | 0.01% | −0.02 |
Portfolio Buys Q4 2024 → Q1 2025
| QCOM Qualcomm Inc. | Add +52.5% | 0.59% | +0.29 |
| V Visa Inc. Class A | Add +2.8% | 0.89% | +0.29 |
| T AT&T Inc. | Add +89.0% | 0.42% | +0.28 |
| AMZN Amazon.com Inc. | Add +1.2% | 1.90% | +0.22 |
| NFLX Netflix Inc. | Add +2.1% | 0.68% | +0.19 |
| UNH Unitedhealth Group Inc. | Add +1.3% | 0.70% | +0.18 |
| EA Electronic Arts Inc. | Add +175.9% | 0.22% | +0.16 |
| CME Cme Group Inc. | Add +2.1% | 0.48% | +0.15 |
| EQIX Equinix Inc. | Add +71.7% | 0.30% | +0.14 |
| AMAT Applied Materials Inc. | Add +23.4% | 0.47% | +0.14 |
| AMT American Tower Corp. | Add +11.2% | 0.31% | +0.12 |
| UBER Uber Technologies Inc. | Add +42.8% | 0.20% | +0.11 |
| WFC Wells Fargo & Co. | Add +9.1% | 0.35% | +0.11 |
| IBM Intl Business Machines Corp. | Add +2.3% | 0.28% | +0.09 |
| HES Hess Corp. | Add +156.6% | 0.11% | +0.08 |
| SCHO Schwab Short-Term US Treas | Add +528.0% | 0.09% | +0.08 |
| IEMG iShares Core MSCI Emerging | Add +0.9% | 0.31% | +0.08 |
| CCI Crown Castle Inc. | Add +5.0% | 0.21% | +0.08 |
| MRSH Marsh & McLennan Cos | Add +0.5% | 0.22% | +0.07 |
| BSX Boston Scientific Corp. | Add +4.4% | 0.20% | +0.07 |
| C Citigroup Inc. | Add +17.9% | 0.20% | +0.07 |
| SCHW Schwab (charles) Corp. | Add +11.6% | 0.20% | +0.07 |
| MS Morgan Stanley | Add +2.2% | 0.35% | +0.06 |
| EXC Exelon Corp. | Add +91.8% | 0.09% | +0.06 |
| HWM Howmet Aerospace Inc. | Add +238.5% | 0.07% | +0.06 |
| EFA iShares MSCI Eafe ETF | Add +3.4% | 0.19% | +0.06 |
| CVS CVS Health Corp. | Add +8.9% | 0.11% | +0.06 |
| HPE Hewlett Packard Enterprise | Add +90.2% | 0.13% | +0.06 |
| KLAC KLA Corp. | Add +14.9% | 0.16% | +0.06 |
| ACN Accenture PLC Class A | Add +12.7% | 0.26% | +0.06 |
| TJX TJX Companies Inc. | Add +0.4% | 0.23% | +0.05 |
| CAT Caterpillar Inc. | Add +4.9% | 0.28% | +0.05 |
| IEI iShares 3-7 Year Treasury Bo | New | 0.05% | +0.05 |
| AXP American Express Co. | Add +0.4% | 0.34% | +0.05 |
| TDG Transdigm Group Inc. | Add +17.4% | 0.12% | +0.05 |
| VTEB Vanguard Tax-Exempt Bond ETF | Add +145.1% | 0.07% | +0.05 |
| KDP Keurig Dr Pepper Inc. | Add +288.9% | 0.06% | +0.05 |
| AJG Arthur J Gallagher & Co. | Add +2.1% | 0.11% | +0.04 |
| ECL Ecolab Inc. | Add +9.9% | 0.12% | +0.04 |
| FTNT Fortinet Inc. | Add +26.4% | 0.10% | +0.04 |
| CRM Salesforce Inc. | Add +10.2% | 0.31% | +0.04 |
| AIG American International Group | Add +0.5% | 0.11% | +0.04 |
| EPR Epr Properties | Add +259.0% | 0.04% | +0.04 |
| BA The Boeing Co. | Add +6.0% | 0.15% | +0.04 |
| DFS Discover Financial Services | Add +12.0% | 0.12% | +0.04 |
| FWONK Liberty Media Corp. Class C | Add +3063.0% | 0.04% | +0.03 |
| ADBE Adobe Inc. | Add +1.9% | 0.29% | +0.03 |
| WMB Williams Cos Inc. | Add +0.1% | 0.11% | +0.03 |
| ENTG Entegris Inc. | Add +3951.6% | 0.03% | +0.03 |
| GD General Dynamics Corp. | Add +2.4% | 0.12% | +0.03 |
Notes & Other Activity Q4 2024 → Q1 2025
| NOBL Proshares S&P 500 Dividend A | S&P 500 DV ARIST | New | 0 | $86K |
| AGR Avangrid Inc. | Stock | Sold out | 0 | $836before exit |
| UTMD Utah Medical Products Inc. | COM | Reduce -100.0% | 0 | $4 |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 3,093 | $32.0B | IVV, NVDA, AAPL, MSFT, GOOGL |
| Q1 2026 | 3,038 | $27.0B | IVV, NVDA, AAPL, MSFT, GOOGL |
| Q4 2025 | 2,958 | $30.3B | IVV, NVDA, AAPL, MSFT, GOOGL |
| Q3 2025 | 2,979 | $25.9B | IVV, NVDA, MSFT, AAPL, META |
| Q2 2025 | 3,040 | $22.2B | IVV, NVDA, MSFT, AAPL, META |
| Q1 2025 | 2,979 | $20.0B | IVV, AAPL, MSFT, NVDA, AMZN |
| Q4 2024 | 3,005 | $25.8B | IVV, NVDA, AAPL, MSFT, NISA CIT ULTRA MID TREASURY I SHARES A |
| Q3 2024 | 2,958 | $16.9B | AAPL, NVDA, MSFT, META, AMZN |
| Q2 2024 | 2,935 | $15.9B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q1 2024 | 2,797 | $15.4B | MSFT, AAPL, NVDA, AMZN, GOOG |