Nisa Investment Advisors, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 15, 2026), Nisa Investment Advisors, LLC reported 2,958 stock positions worth $30.3 billion. Its top holding was iShares Core S&P 500 ETF (IVV) at 38.0% of the portfolio, followed by Nvidia (NVDA, 4.0%) and Apple (AAPL, 3.8%). Compared with Q3 2025, it opened 134 new positions, sold out of 157, added to 1,031 and reduced 1,284. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +41%) and the biggest sale Microsoft (MSFT, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- ST. LOUIS, MO
- CIK
- 0000937615
- Portfolio Value
- $30.3B (Q4 2025)
- SEC Filing
- 0000937615-26-000002 ↗ filed Jan 15, 2026
Holdings Value
Holdings 2,958 stocks · $30.3B
| IVV iShares Core S&P 500 ETF | 38.01% | 16,809,463 | $11.5B | Add +40.6% |
| NVDA Nvidia Corp. | 4.05% | 6,573,980 | $1.2B | Add +3.8% |
| AAPL Apple Inc. | 3.82% | 4,260,984 | $1.2B | Add +4.4% |
| MSFT Microsoft Corp. | 3.41% | 2,134,946 | $1.0B | Reduce -2.7% |
| GOOGL Alphabet Inc. Class A | 1.97% | 1,904,124 | $596.0M | Add +12.8% |
| AVGO Broadcom Inc. | 1.78% | 1,556,723 | $538.8M | Add +7.5% |
| AMZN Amazon.com Inc. | 1.60% | 2,103,804 | $485.6M | Add +6.9% |
| GOOG Alphabet Inc. Class C | 1.53% | 1,477,645 | $463.7M | Reduce -6.0% |
| META Meta Platforms Inc. Class A | 1.52% | 698,560 | $461.1M | Add +3.4% |
| JPM JPMorgan Chase & Co. | 1.22% | 1,143,226 | $368.4M | Add +19.4% |
| TSLA Tesla Inc. | 0.87% | 584,997 | $263.1M | Add +7.6% |
| LLY Eli Lilly & Co. | 0.80% | 225,853 | $242.7M | Add +6.8% |
| V Visa Inc. Class A | 0.56% | 484,314 | $169.9M | Reduce -0.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.53% | 2,905,348 | $159.8M | Add +2.5% |
| MA Mastercard Inc. Class A | 0.52% | 275,572 | $157.3M | Add +0.3% |
| ABBV Abbvie Inc. | 0.51% | 682,721 | $156.0M | Add +42.8% |
| MU Micron Technology Inc. | 0.49% | 519,259 | $148.3M | Add +110.1% |
| WMT Walmart Inc. | 0.47% | 1,263,330 | $141.0M | Add +4.1% |
| JNJ Johnson & Johnson | 0.45% | 665,946 | $137.8M | Reduce -30.2% |
| XOM Exxon Mobil Corp. | 0.45% | 1,141,149 | $137.3M | Add +3.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.44% | 265,835 | $133.6M | Reduce -2.3% |
| NFLX Netflix Inc. | 0.43% | 1,400,023 | $131.3M | Add +2.2% |
| PEP Pepsico Inc. | 0.39% | 825,308 | $119.6M | Reduce -3.2% |
| ORCL Oracle Corp. | 0.37% | 577,981 | $112.7M | Reduce -0.2% |
| HD Home Depot Inc. | 0.34% | 301,763 | $103.8M | Add +1.4% |
| CAT Caterpillar Inc. | 0.34% | 179,237 | $102.7M | Add +6.2% |
| COST Costco Wholesale Corp. | 0.33% | 116,536 | $100.5M | Reduce -31.2% |
| CSCO Cisco Systems Inc. | 0.33% | 1,298,761 | $100.0M | Add +0.1% |
| SPGI S&P Global Inc. | 0.32% | 186,481 | $97.5M | Add +1.6% |
| AMD Advanced Micro Devices | 0.32% | 447,872 | $95.9M | Add +2.1% |
| LRCX Lam Research Corp. | 0.31% | 549,783 | $94.3M | Add +6.3% |
| MS Morgan Stanley | 0.31% | 530,847 | $94.2M | Reduce -30.5% |
| AXP American Express Co. | 0.31% | 250,067 | $92.5M | Add +4.6% |
| PG The Procter & Gamble Co. | 0.29% | 615,284 | $88.2M | Reduce -4.6% |
| IJH iShares Core S&P Midcap ETF | 0.29% | 1,318,017 | $87.0M | New |
| GEV GE Vernova Inc. | 0.29% | 133,016 | $86.9M | Add +76.5% |
| CMCSA Comcast Corp. Class A | 0.28% | 2,860,191 | $85.5M | Add +129.4% |
| CVX Chevron Corp. | 0.27% | 543,341 | $82.8M | Reduce -0.7% |
| WFC Wells Fargo & Co. | 0.27% | 874,987 | $81.5M | Add +5.6% |
| UNH Unitedhealth Group Inc. | 0.27% | 245,967 | $81.2M | Reduce -0.2% |
| GS Goldman Sachs Group Inc. | 0.26% | 91,276 | $80.2M | Add +3.4% |
| PLTR Palantir Technologies Inc. Class A | 0.26% | 443,438 | $78.8M | Add +1.7% |
| INTU Intuit Inc. | 0.25% | 116,461 | $77.1M | Add +1.6% |
| MRK Merck & Co. Inc. | 0.25% | 711,119 | $75.4M | Add +4.0% |
| TMO Thermo Fisher Scientific Inc. | 0.25% | 129,864 | $75.3M | Add +2.9% |
| GE General Electric filed as GE AEROSPACE | 0.24% | 236,760 | $73.0M | Add +5.3% |
| SUB iShares Short-Term National | 0.24% | 674,815 | $72.0M | Add +5.0% |
| KO The Coca-Cola Co. | 0.24% | 1,022,849 | $71.5M | Add +4.8% |
| RTX RTX Corp. | 0.23% | 384,480 | $70.5M | Add +2.0% |
| IEMG iShares Core MSCI Emerging | 0.23% | 1,039,693 | $69.9M | No change |
| PM Philip Morris International | 0.23% | 429,568 | $69.5M | Reduce -3.9% |
| MCD McDonald's Corp. | 0.23% | 227,327 | $69.5M | Reduce -0.2% |
| COF Capital One Financial Corp. | 0.22% | 278,902 | $67.6M | Reduce -0.5% |
| C Citigroup Inc. | 0.22% | 574,835 | $67.1M | Add +3.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.22% | 584,610 | $67.0M | Add +2.8% |
| AMAT Applied Materials Inc. | 0.22% | 260,704 | $67.0M | Add +2.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.22% | 428,902 | $65.9M | Add +7.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.22% | 220,759 | $65.4M | Add +8.8% |
| BKNG Booking Holdings Inc. | 0.21% | 12,137 | $65.0M | Reduce -12.5% |
| ABT Abbott Laboratories | 0.21% | 516,393 | $64.7M | Add +0.6% |
| ISRG Intuitive Surgical Inc. | 0.21% | 109,861 | $62.2M | Add +3.2% |
| APH Amphenol Corp. Class A | 0.20% | 452,397 | $61.2M | Reduce -9.9% |
| TXN Texas Instruments Inc. | 0.20% | 348,409 | $60.4M | Reduce -1.4% |
| CRM Salesforce Inc. | 0.20% | 224,727 | $59.6M | Add +32.0% |
| GILD Gilead Sciences Inc. | 0.20% | 481,741 | $59.1M | Add +31.5% |
| SCHW Schwab (charles) Corp. | 0.19% | 587,497 | $58.7M | Add +33.8% |
| AMGN Amgen Inc. | 0.18% | 168,716 | $55.2M | Add +5.2% |
| VEU Vanguard Ftse All-World Ex-U | 0.18% | 736,821 | $54.2M | Add +1.1% |
| LIN Linde PLC | 0.17% | 119,565 | $51.0M | Reduce -20.5% |
| UNP Union Pacific Corp. | 0.17% | 219,950 | $50.9M | Add +4.2% |
| QCOM Qualcomm Inc. | 0.16% | 291,856 | $49.9M | Reduce -19.7% |
| ADI Analog Devices Inc. | 0.16% | 183,914 | $49.9M | Add +4.4% |
| LOW Lowe's Cos Inc. | 0.16% | 204,444 | $49.3M | Reduce -1.1% |
| KLAC KLA Corp. | 0.16% | 40,414 | $49.1M | Add +4.3% |
| DE Deere & Co. | 0.16% | 103,957 | $48.6M | Add +2.7% |
| BLK BlackRock Inc. | 0.16% | 45,163 | $48.3M | Add +4.3% |
| DHR Danaher Corp. | 0.16% | 205,372 | $47.1M | Add +3.3% |
| ADBE Adobe Inc. | 0.15% | 132,734 | $46.5M | Add +0.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.15% | 136,128 | $45.6M | Add +60.2% |
| PLD Prologis Inc. | 0.15% | 353,382 | $45.1M | Reduce -9.4% |
| HON Honeywell International Inc. | 0.15% | 229,873 | $44.8M | Reduce -57.9% |
| EFA iShares MSCI Eafe ETF | 0.15% | 459,150 | $44.1M | No change |
| ETN Eaton Corp. PLC | 0.14% | 137,907 | $43.9M | Add +1.2% |
| ACN Accenture PLC Class A | 0.14% | 161,300 | $43.3M | Add +1.2% |
| ADP Automatic Data Processing | 0.14% | 166,940 | $43.2M | Reduce -0.2% |
| BA The Boeing Co. | 0.14% | 196,739 | $42.7M | Add +4.7% |
| WELL Welltower Inc. | 0.14% | 229,202 | $42.5M | Reduce -9.6% |
| T AT&T Inc. | 0.14% | 1,683,460 | $41.8M | Reduce -24.1% |
| TMUS T-Mobile US Inc. | 0.14% | 202,125 | $41.0M | Add +30.2% |
| INTC Intel Corp. | 0.13% | 1,084,888 | $40.0M | Add +5.4% |
| MCK McKesson Corp. | 0.13% | 48,209 | $39.6M | Add +9.9% |
| PGR Progressive Corp. | 0.13% | 173,320 | $39.5M | Add +5.4% |
| PH Parker Hannifin Corp. | 0.13% | 43,616 | $38.3M | Add +2.4% |
| PFE Pfizer Inc. | 0.12% | 1,493,948 | $37.2M | Add +8.9% |
| COP Conocophillips | 0.12% | 396,273 | $37.1M | Add +1.6% |
| SYK Stryker Corp. | 0.12% | 101,631 | $35.8M | Reduce -2.6% |
| PNC PNC Financial Services Group | 0.12% | 170,671 | $35.6M | Add +0.9% |
| BSX Boston Scientific Corp. | 0.12% | 372,831 | $35.5M | Reduce -4.7% |
| COR Cencora Inc. | 0.12% | 104,962 | $35.5M | Add +36.1% |
| MCO Moody's Corp. | 0.12% | 69,127 | $35.3M | Reduce -2.6% |
Lines left out (3) · $492 — a value with no share or principal amount
| Security | Class | Shares | Value |
|---|---|---|---|
| TU Telus Corp. | COM | 0 | $305 |
| ELP Companhia Paranaense DE Ener | SPON ADS | 0 | $124 |
| TIMB Tim SA-ADR | SPONSORED ADR | 0 | $63 |
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: $30.3B.
Portfolio Sells Q3 2025 → Q4 2025
| MSFT Microsoft Corp. | Reduce -2.7% | 3.41% | −0.98 |
| HON Honeywell International Inc. | Reduce -57.9% | 0.15% | −0.30 |
| COST Costco Wholesale Corp. | Reduce -31.2% | 0.33% | −0.27 |
| ORCL Oracle Corp. | Reduce -0.2% | 0.37% | −0.26 |
| JNJ Johnson & Johnson | Reduce -30.2% | 0.45% | −0.23 |
| MS Morgan Stanley | Reduce -30.5% | 0.31% | −0.16 |
| LIN Linde PLC | Reduce -20.5% | 0.17% | −0.11 |
| T AT&T Inc. | Reduce -24.1% | 0.14% | −0.10 |
| ICE Intercontinental Exchange Inc. | Reduce -36.8% | 0.10% | −0.09 |
| PG The Procter & Gamble Co. | Reduce -4.6% | 0.29% | −0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -2.3% | 0.44% | −0.09 |
| V Visa Inc. Class A | Reduce -0.5% | 0.56% | −0.08 |
| BKNG Booking Holdings Inc. | Reduce -12.5% | 0.21% | −0.07 |
| QCOM Qualcomm Inc. | Reduce -19.7% | 0.16% | −0.07 |
| PEP Pepsico Inc. | Reduce -3.2% | 0.39% | −0.07 |
| NOW ServiceNow Inc. | Reduce -15.1% | 0.10% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -0.2% | 0.27% | −0.06 |
| EQIX Equinix Inc. | Reduce -35.3% | 0.07% | −0.06 |
| FISV Fiserv Inc. | Reduce -6.2% | 0.04% | −0.06 |
| CVX Chevron Corp. | Reduce -0.7% | 0.27% | −0.05 |
| ORLY O'reilly Automotive Inc. | Reduce -10.0% | 0.10% | −0.05 |
| TXN Texas Instruments Inc. | Reduce -1.4% | 0.20% | −0.05 |
| AZO AutoZone Inc. | Reduce -22.9% | 0.06% | −0.05 |
| PM Philip Morris International | Reduce -3.9% | 0.23% | −0.05 |
| ADP Automatic Data Processing | Reduce -0.2% | 0.14% | −0.05 |
| CEG Constellation Energy | Reduce -42.4% | 0.05% | −0.04 |
| APH Amphenol Corp. Class A | Reduce -9.9% | 0.20% | −0.04 |
| MCD McDonald's Corp. | Reduce -0.2% | 0.23% | −0.04 |
| LOW Lowe's Cos Inc. | Reduce -1.1% | 0.16% | −0.04 |
| BAM Brookfield Asset Mgmt-A | Reduce -95.5% | 0.00% | −0.04 |
| ANET Arista Networks Inc. | Reduce -3.9% | 0.10% | −0.03 |
| AMT American Tower Corp. | Reduce -6.3% | 0.09% | −0.03 |
| WELL Welltower Inc. | Reduce -9.6% | 0.14% | −0.03 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -89.7% | 0.00% | −0.03 |
| CDNS Cadence Design SYS Inc. | Reduce -7.6% | 0.07% | −0.03 |
| SYK Stryker Corp. | Reduce -2.6% | 0.12% | −0.03 |
| DASH DoorDash Inc. Class A | Reduce -16.6% | 0.04% | −0.03 |
| BSX Boston Scientific Corp. | Reduce -4.7% | 0.12% | −0.03 |
| MSTR Strategy Inc. | Reduce -69.6% | 0.00% | −0.03 |
| BX Blackstone Inc. | Reduce -8.1% | 0.07% | −0.03 |
| SPG Simon Property Group Inc. | Reduce -5.7% | 0.10% | −0.03 |
| FAST Fastenal Co. | Reduce -4.6% | 0.05% | −0.02 |
| URI United Rentals Inc. | Reduce -8.0% | 0.05% | −0.02 |
| VCIT Vanguard Int-Term Corporate | Reduce -89.8% | 0.00% | −0.02 |
| RMD Resmed Inc. | Reduce -12.7% | 0.05% | −0.02 |
| PLD Prologis Inc. | Reduce -9.4% | 0.15% | −0.02 |
| AJG Arthur J Gallagher & Co. | Reduce -1.8% | 0.05% | −0.02 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -5.4% | 0.05% | −0.02 |
| EBAY eBay Inc. | Reduce -4.8% | 0.08% | −0.02 |
| AXON Axon Enterprise Inc. | Reduce -40.9% | 0.01% | −0.02 |
Portfolio Buys Q3 2025 → Q4 2025
| IVV iShares Core S&P 500 ETF | Add +40.6% | 38.01% | +7.12 |
| GOOGL Alphabet Inc. Class A | Add +12.8% | 1.97% | +0.38 |
| MU Micron Technology Inc. | Add +110.1% | 0.49% | +0.33 |
| IJH iShares Core S&P Midcap ETF | New | 0.29% | +0.29 |
| LLY Eli Lilly & Co. | Add +6.8% | 0.80% | +0.18 |
| CMCSA Comcast Corp. Class A | Add +129.4% | 0.28% | +0.13 |
| GEV GE Vernova Inc. | Add +76.5% | 0.29% | +0.11 |
| BSV Vanguard Short-Term Bond ETF | New | 0.10% | +0.10 |
| ABBV Abbvie Inc. | Add +42.8% | 0.51% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +19.4% | 1.22% | +0.05 |
| BIV Vanguard Intermediate-Term B | New | 0.05% | +0.05 |
| LRCX Lam Research Corp. | Add +6.3% | 0.31% | +0.04 |
| VTI VG Morningstar TS MKT ETF-US | Add +60.2% | 0.15% | +0.04 |
| AMD Advanced Micro Devices | Add +2.1% | 0.32% | +0.04 |
| CRM Salesforce Inc. | Add +32.0% | 0.20% | +0.04 |
| GILD Gilead Sciences Inc. | Add +31.5% | 0.20% | +0.04 |
| VYM Vanguard High DVD Yield ETF | New | 0.04% | +0.04 |
| APP AppLovin Corp. Class A | Add +97.3% | 0.10% | +0.04 |
| SCHW Schwab (charles) Corp. | Add +33.8% | 0.19% | +0.03 |
| CAT Caterpillar Inc. | Add +6.2% | 0.34% | +0.03 |
| MRK Merck & Co. Inc. | Add +4.0% | 0.25% | +0.03 |
| COR Cencora Inc. | Add +36.1% | 0.12% | +0.02 |
| NEM Newmont Corp. | Add +52.2% | 0.07% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +3.2% | 0.21% | +0.02 |
| AMAT Applied Materials Inc. | Add +2.7% | 0.22% | +0.02 |
| GM General Motors Co. | Add +36.7% | 0.05% | +0.02 |
| EXEL Exelixis Inc. | Add +692.3% | 0.02% | +0.02 |
| AU Anglogold Ashanti PLC | Add +66.4% | 0.03% | +0.01 |
| UHS Universal Health Services-B | Add +217.1% | 0.02% | +0.01 |
| HCA HCA Healthcare Inc. | Add +20.7% | 0.11% | +0.01 |
| FICO Fair Isaac Corp. | Add +61.3% | 0.03% | +0.01 |
| TMO Thermo Fisher Scientific Inc. | Add +2.9% | 0.25% | +0.01 |
| WBD Warner Bros Discovery Inc. | Add +21.1% | 0.03% | +0.01 |
| AMG Affiliated Managers Group | Add +146.2% | 0.02% | +0.01 |
| BMY Bristol-Myers Squibb Co. | Add +10.3% | 0.10% | +0.01 |
| WDC Western Digital Corp. | Add +1.4% | 0.06% | +0.01 |
| OMC Omnicom Group | Add +66.0% | 0.04% | +0.01 |
| SNDK Sandisk Corp. | Add +2.2% | 0.02% | +0.01 |
| ROST Ross Stores Inc. | Add +20.1% | 0.06% | +0.01 |
| NVT Nvent Electric PLC | Add +159.8% | 0.02% | +0.01 |
| REGN Regeneron Pharmaceuticals | Add +4.8% | 0.05% | +0.01 |
| FCX Freeport-McMoran Inc. | Add +10.8% | 0.05% | +0.01 |
| COKE Coca-Cola Consolidated Inc. | Add +1508.8% | 0.01% | +0.01 |
| FLUT Flutter Entertainment PLC-Di | Add +15051.3% | 0.01% | +0.01 |
| BEPC Brookfield Renewable Corp. | Add +502.7% | 0.01% | +0.01 |
| ALB Albemarle Corp. | Add +0.6% | 0.02% | +0.01 |
| UTHR United Therapeutics Corp. | Add +52.0% | 0.02% | +0.01 |
| AMGN Amgen Inc. | Add +5.2% | 0.18% | +0.01 |
| CFG Citizens Financial Group | Add +51.3% | 0.02% | +0.01 |
| AXS Axis Capital Holdings Ltd. | Add +94.4% | 0.02% | +0.01 |
Notes & Other Activity Q3 2025 → Q4 2025
| TU Telus Corp. | COM | New | 0 | $305 |
| ELP Companhia Paranaense DE Ener | SPON ADS | New | 0 | $124 |
| TIMB Tim SA-ADR | SPONSORED ADR | New | 0 | $63 |
| VIRC Virco MFG Corporation | COM | Reduce -100.0% | 0 | $0 |
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 |