QRG Capital Management, Inc.
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 28, 2025), QRG Capital Management, Inc. reported 1,031 stock positions worth $8.3 billion. Its top holding was Nvidia (NVDA) at 7.1% of the portfolio, followed by Microsoft (MSFT, 6.3%) and Apple (AAPL, 6.1%). Compared with Q2 2025, it opened 69 new positions, sold out of 155, added to 128 and reduced 834. The biggest buy was Schwab (charles) (SCHW, shares +459%) and the biggest sale Walmart (WMT, shares −53%).
- Most Recent 13F
- Q2 2026
- Location
- CHICAGO, IL
- CIK
- 0001996454
- Portfolio Value
- $8.3B (Q3 2025)
- SEC Filing
- 0001214659-25-015448 ↗ filed Oct 28, 2025
Holdings Value
Holdings 1,031 stocks · $8.3B
| NVDA Nvidia Corp. | 7.11% | 3,146,242 | $587.0M | Reduce -30.5% |
| MSFT Microsoft Corp. | 6.32% | 1,006,898 | $521.5M | Reduce -27.9% |
| AAPL Apple Inc. | 6.05% | 1,961,437 | $499.4M | Reduce -29.1% |
| AMZN Amazon.com Inc. | 3.40% | 1,278,299 | $280.7M | Reduce -21.3% |
| AVGO Broadcom Inc. | 2.69% | 674,105 | $222.4M | Reduce -33.6% |
| META Meta Platforms Inc. Class A | 2.66% | 299,006 | $219.6M | Reduce -35.1% |
| GOOGL Alphabet Inc. Class A | 2.44% | 827,583 | $201.2M | Reduce -25.3% |
| TSLA Tesla Inc. | 1.95% | 362,480 | $161.2M | Reduce -18.1% |
| GOOG Alphabet Inc. Class C | 1.87% | 633,482 | $154.3M | Reduce -28.7% |
| JPM JPMorgan Chase & Co. | 1.61% | 421,182 | $132.9M | Reduce -24.9% |
| V Visa Inc. Class A | 1.15% | 277,128 | $94.6M | Reduce -12.2% |
| NFLX Netflix Inc. | 1.11% | 76,449 | $91.7M | Reduce -33.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.06% | 174,658 | $87.8M | Reduce -35.6% |
| LLY Eli Lilly & Co. | 0.96% | 103,448 | $78.9M | Reduce -20.1% |
| WMT Walmart Inc. | 0.95% | 757,363 | $78.1M | Reduce -53.1% |
| COST Costco Wholesale Corp. | 0.81% | 71,936 | $66.6M | Reduce -10.7% |
| JNJ Johnson & Johnson | 0.79% | 352,051 | $65.3M | Reduce -34.8% |
| XOM Exxon Mobil Corp. | 0.76% | 557,000 | $62.8M | Reduce -30.3% |
| ORCL Oracle Corp. | 0.76% | 223,110 | $62.7M | Reduce -16.7% |
| MA Mastercard Inc. Class A | 0.76% | 109,918 | $62.5M | Reduce -8.6% |
| PLTR Palantir Technologies Inc. Class A | 0.74% | 336,738 | $61.4M | Reduce -10.3% |
| HD Home Depot Inc. | 0.68% | 139,498 | $56.5M | Reduce -14.0% |
| ABBV Abbvie Inc. | 0.63% | 225,656 | $52.2M | Reduce -25.0% |
| GE General Electric filed as GE AEROSPACE | 0.62% | 169,205 | $50.9M | Reduce -28.8% |
| VV Vngrd Mrgstr LRG-Cap ETF-Usd | 0.60% | 161,246 | $49.6M | Reduce -1.1% |
| APH Amphenol Corp. Class A | 0.58% | 388,843 | $48.1M | Reduce -61.1% |
| CSCO Cisco Systems Inc. | 0.58% | 698,679 | $47.8M | Reduce -30.9% |
| GS Goldman Sachs Group Inc. | 0.58% | 59,901 | $47.7M | Reduce -21.6% |
| PG The Procter & Gamble Co. | 0.56% | 301,143 | $46.3M | Reduce -24.4% |
| CVX Chevron Corp. | 0.51% | 268,978 | $41.8M | Reduce -35.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.49% | 788,450 | $40.7M | Reduce -24.0% |
| WFC Wells Fargo & Co. | 0.49% | 482,628 | $40.5M | Reduce -41.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.49% | 142,851 | $40.3M | Reduce -25.7% |
| ABT Abbott Laboratories | 0.47% | 290,237 | $38.9M | Reduce -28.2% |
| CAT Caterpillar Inc. | 0.47% | 80,907 | $38.6M | Reduce -25.8% |
| VOO Vanguard S&P 500 ETF | 0.46% | 62,575 | $38.3M | Add +1.0% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.44% | 250,939 | $36.3M | Reduce -43.2% |
| INTU Intuit Inc. | 0.42% | 50,904 | $34.8M | Add +1.3% |
| UNH Unitedhealth Group Inc. | 0.41% | 97,305 | $33.6M | Reduce -27.9% |
| MS Morgan Stanley | 0.40% | 208,011 | $33.1M | Reduce -25.7% |
| C Citigroup Inc. | 0.40% | 325,454 | $33.0M | Reduce -43.3% |
| AMAT Applied Materials Inc. | 0.39% | 158,782 | $32.5M | Reduce -42.4% |
| MRK Merck & Co. Inc. | 0.39% | 383,614 | $32.2M | Reduce -27.8% |
| APP AppLovin Corp. Class A | 0.39% | 44,726 | $32.1M | Reduce -28.9% |
| CRM Salesforce Inc. | 0.38% | 133,580 | $31.7M | Reduce -26.5% |
| LRCX Lam Research Corp. | 0.38% | 234,261 | $31.4M | Reduce -55.8% |
| AMD Advanced Micro Devices | 0.37% | 191,215 | $30.9M | Reduce -8.5% |
| PM Philip Morris International | 0.36% | 185,038 | $30.0M | Reduce -24.7% |
| HCA HCA Healthcare Inc. | 0.36% | 70,220 | $29.9M | Reduce -53.4% |
| LIN Linde PLC | 0.36% | 62,362 | $29.6M | Reduce -16.2% |
| MU Micron Technology Inc. | 0.36% | 175,929 | $29.4M | Reduce -18.9% |
| UBER Uber Technologies Inc. | 0.35% | 296,812 | $29.1M | Reduce -7.1% |
| T AT&T Inc. | 0.35% | 1,025,674 | $29.0M | Reduce -45.9% |
| VZ Verizon Communications Inc. | 0.34% | 630,139 | $27.7M | Reduce -24.6% |
| RTX RTX Corp. | 0.33% | 165,150 | $27.6M | Reduce -22.2% |
| QCOM Qualcomm Inc. | 0.33% | 164,894 | $27.4M | Reduce -59.5% |
| JCI Johnson Controls Internation | 0.33% | 246,715 | $27.1M | Reduce -33.9% |
| MO Altria Group Inc. | 0.32% | 403,558 | $26.7M | Reduce -50.7% |
| MDT Medtronic PLC | 0.31% | 271,109 | $25.8M | Reduce -52.2% |
| ADP Automatic Data Processing | 0.31% | 87,382 | $25.6M | Reduce -7.1% |
| GILD Gilead Sciences Inc. | 0.31% | 227,252 | $25.2M | Reduce -24.1% |
| SNA Snap-on Inc. | 0.30% | 72,515 | $25.1M | Reduce -52.5% |
| AXP American Express Co. | 0.30% | 73,466 | $24.4M | Reduce -21.8% |
| CRH CRH PLC | 0.29% | 203,101 | $24.4M | Reduce -28.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.29% | 86,576 | $24.2M | Reduce -24.0% |
| LOW Lowe's Cos Inc. | 0.29% | 95,100 | $23.9M | Reduce -38.5% |
| ISRG Intuitive Surgical Inc. | 0.29% | 53,299 | $23.8M | Reduce -32.3% |
| DASH DoorDash Inc. Class A | 0.29% | 87,194 | $23.7M | Reduce -25.5% |
| RCL Royal Caribbean Cruises Ltd. | 0.28% | 72,051 | $23.3M | Reduce -69.3% |
| ANET Arista Networks Inc. | 0.28% | 159,396 | $23.2M | Reduce -51.3% |
| KO The Coca-Cola Co. | 0.28% | 348,659 | $23.1M | Reduce -16.4% |
| TT Trane Technologies PLC | 0.27% | 53,645 | $22.6M | Reduce -16.2% |
| ACN Accenture PLC Class A | 0.27% | 89,916 | $22.2M | Reduce -48.2% |
| EMR Emerson Electric Co. | 0.27% | 167,314 | $21.9M | Add +29.2% |
| PEP Pepsico Inc. | 0.26% | 154,735 | $21.7M | Reduce -8.0% |
| HOOD Robinhood Markets Inc. Class A | 0.26% | 150,237 | $21.5M | Reduce -47.7% |
| SPG Simon Property Group Inc. | 0.26% | 114,404 | $21.5M | Reduce -46.1% |
| ADBE Adobe Inc. | 0.26% | 60,471 | $21.3M | Reduce -17.6% |
| SYK Stryker Corp. | 0.25% | 56,362 | $20.8M | Reduce -17.9% |
| AMGN Amgen Inc. | 0.25% | 73,092 | $20.6M | Reduce -26.9% |
| ETN Eaton Corp. PLC | 0.25% | 55,070 | $20.6M | Reduce -42.3% |
| CBRE CBRE Group Inc. Class A | 0.25% | 130,291 | $20.5M | Reduce -31.5% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.24% | 183,702 | $20.0M | Reduce -60.0% |
| PHM Pultegroup Inc. | 0.24% | 150,891 | $19.9M | Reduce -61.9% |
| GEV GE Vernova Inc. | 0.24% | 32,231 | $19.8M | Reduce -50.7% |
| VEA Vanguard Ftse Developed ETF | 0.24% | 326,842 | $19.6M | Add +1.9% |
| TMUS T-Mobile US Inc. | 0.24% | 81,210 | $19.4M | Reduce -25.2% |
| NEM Newmont Corp. | 0.23% | 225,792 | $19.0M | Reduce -54.9% |
| CME Cme Group Inc. | 0.23% | 69,860 | $18.9M | Reduce -18.0% |
| TXN Texas Instruments Inc. | 0.23% | 102,329 | $18.8M | Reduce -22.5% |
| BX Blackstone Inc. | 0.23% | 108,803 | $18.6M | Reduce -17.2% |
| WAB Wabtec Corp. | 0.22% | 89,597 | $18.0M | Reduce -53.3% |
| DUK Duke Energy Corp. | 0.22% | 143,916 | $17.8M | Reduce -33.1% |
| ADI Analog Devices Inc. | 0.21% | 71,655 | $17.6M | Reduce -23.5% |
| ASML ASML Holding NV-NY Reg SHS | 0.21% | 18,047 | $17.5M | Reduce -32.0% |
| VB Vanguard Most SM-Cap ETF-Usd | 0.21% | 68,435 | $17.4M | Add +7.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.21% | 151,523 | $17.3M | Reduce -16.8% |
| BA The Boeing Co. | 0.21% | 80,028 | $17.3M | Add +5.0% |
| ED Consolidated Edison Inc. | 0.20% | 167,724 | $16.9M | Reduce -50.3% |
| PFE Pfizer Inc. | 0.20% | 659,078 | $16.8M | Reduce -13.3% |
Portfolio Sells Q2 2025 → Q3 2025
| WMT Walmart Inc. | Reduce -53.1% | 0.95% | −0.43 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -69.3% | 0.28% | −0.36 |
| META Meta Platforms Inc. Class A | Reduce -35.1% | 2.66% | −0.31 |
| KLAC KLA Corp. | Reduce -82.5% | 0.12% | −0.29 |
| APH Amphenol Corp. Class A | Reduce -61.1% | 0.58% | −0.28 |
| HIG Hartford Insurance Group Inc. | Reduce -80.5% | 0.10% | −0.25 |
| AFL Aflac Inc. | Reduce -75.6% | 0.13% | −0.23 |
| QCOM Qualcomm Inc. | Reduce -59.5% | 0.33% | −0.23 |
| SYF Synchrony Financial | Reduce -76.9% | 0.12% | −0.23 |
| NFLX Netflix Inc. | Reduce -33.1% | 1.11% | −0.23 |
| ACN Accenture PLC Class A | Reduce -48.2% | 0.27% | −0.18 |
| FISV Fiserv Inc. | Reduce -73.0% | 0.07% | −0.18 |
| KR Kroger Co. | Reduce -64.9% | 0.14% | −0.17 |
| CTSH Cognizant Tech Solutions-A | Reduce -63.2% | 0.12% | −0.15 |
| CAH Cardinal Health Inc. | Reduce -78.5% | 0.06% | −0.15 |
| CCL Carnival Corp. | Reduce -67.2% | 0.13% | −0.15 |
| PH Parker Hannifin Corp. | Reduce -74.8% | 0.09% | −0.15 |
| HCA HCA Healthcare Inc. | Reduce -53.4% | 0.36% | −0.14 |
| PGR Progressive Corp. | Reduce -55.1% | 0.19% | −0.14 |
| WAB Wabtec Corp. | Reduce -53.3% | 0.22% | −0.13 |
| T AT&T Inc. | Reduce -45.9% | 0.35% | −0.13 |
| RMD Resmed Inc. | Reduce -78.9% | 0.06% | −0.13 |
| PHM Pultegroup Inc. | Reduce -61.9% | 0.24% | −0.12 |
| BNY Bank of New York Mellon Corp. | Reduce -60.0% | 0.24% | −0.12 |
| MDT Medtronic PLC | Reduce -52.2% | 0.31% | −0.12 |
| GDDY GoDaddy Inc. Class A | Reduce -73.1% | 0.05% | −0.12 |
| UAL United Airlines Holdings Inc. | Reduce -72.9% | 0.09% | −0.11 |
| SNA Snap-on Inc. | Reduce -52.5% | 0.30% | −0.11 |
| RSG Republic Services Inc. | Reduce -72.9% | 0.06% | −0.11 |
| ALL Allstate Corp. | Reduce -74.3% | 0.06% | −0.10 |
| MO Altria Group Inc. | Reduce -50.7% | 0.32% | −0.10 |
| EOG EOG Resources Inc. | Reduce -58.1% | 0.11% | −0.09 |
| DGX Quest Diagnostics Inc. | Reduce -78.1% | 0.04% | −0.09 |
| STT State Street Corp. | Reduce -76.8% | 0.05% | −0.09 |
| ED Consolidated Edison Inc. | Reduce -50.3% | 0.20% | −0.09 |
| DE Deere & Co. | Reduce -60.9% | 0.09% | −0.09 |
| MAS Masco Corp. | Reduce -58.8% | 0.15% | −0.09 |
| TRV The Travelers Cos Inc. | Reduce -54.1% | 0.18% | −0.09 |
| ELV Elevance Health Inc. | Reduce -73.0% | 0.04% | −0.09 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -35.6% | 1.06% | −0.09 |
| ISRG Intuitive Surgical Inc. | Reduce -32.3% | 0.29% | −0.08 |
| WFC Wells Fargo & Co. | Reduce -41.1% | 0.49% | −0.08 |
| WRB WR Berkley Corp. | Reduce -79.8% | 0.03% | −0.08 |
| LDOS Leidos Holdings Inc. | Reduce -78.1% | 0.05% | −0.08 |
| DOV Dover Corp. | Reduce -52.4% | 0.12% | −0.08 |
| KMB Kimberly-Clark Corp. | Reduce -52.5% | 0.13% | −0.07 |
| SHW The Sherwin-Williams Co. | Reduce -60.4% | 0.09% | −0.07 |
| EBAY eBay Inc. | Reduce -57.7% | 0.19% | −0.07 |
| VICI Vici Properties Inc. | Reduce -54.6% | 0.13% | −0.07 |
| FOXA Fox Corp. Class A | Reduce -77.1% | 0.04% | −0.07 |
Portfolio Buys Q2 2025 → Q3 2025
| SCHW Schwab (charles) Corp. | Add +459.2% | 0.19% | +0.17 |
| VOO Vanguard S&P 500 ETF | Add +1.0% | 0.46% | +0.16 |
| LHX L3HARRIS Technologies Inc. | Add +972.2% | 0.13% | +0.12 |
| MSTR Strategy Inc. | Add +229.6% | 0.16% | +0.12 |
| EMR Emerson Electric Co. | Add +29.2% | 0.27% | +0.12 |
| VB Vanguard Most SM-Cap ETF-Usd | Add +7.8% | 0.21% | +0.08 |
| VEA Vanguard Ftse Developed ETF | Add +1.9% | 0.24% | +0.08 |
| MDLZ Mondelez International Inc. Class A | Add +82.8% | 0.13% | +0.08 |
| INTU Intuit Inc. | Add +1.3% | 0.42% | +0.08 |
| BA The Boeing Co. | Add +5.0% | 0.21% | +0.07 |
| EFA iShares MSCI Eafe ETF | Add +4.6% | 0.15% | +0.05 |
| FNDX Schwab Fndmntl US LRG Co. ETF | Add +470.2% | 0.05% | +0.05 |
| IVV iShares Core S&P 500 ETF | Add +30.0% | 0.09% | +0.05 |
| PNC PNC Financial Services Group | Add +1.5% | 0.11% | +0.04 |
| FAST Fastenal Co. | Add +4.3% | 0.08% | +0.03 |
| IWB iShares Russell 1000 ETF | Add +62.2% | 0.05% | +0.03 |
| WDC Western Digital Corp. | Add +375.1% | 0.03% | +0.03 |
| DYNF Ishrs US E F R A ETF-Usd Inc. | Add +797.9% | 0.03% | +0.03 |
| FNDA Schwab Fndmntl US SM Co. ETF | Add +731.1% | 0.03% | +0.03 |
| VEU Vanguard Ftse All-World Ex-U | Add +2.4% | 0.08% | +0.03 |
| PTCT PTC Therapeutics Inc. | New | 0.03% | +0.03 |
| VIG Vanguard Dividend Apprec ETF | Add +123.9% | 0.04% | +0.03 |
| FNDF Schwab Fndmn Intl LRG Co. ETF | Add +591.3% | 0.03% | +0.02 |
| IVW iShares S&P 500 Growth ETF | Add +125.8% | 0.03% | +0.02 |
| QUAL iShares MSCI USA Quality Fac | Add +81.5% | 0.04% | +0.02 |
| CTRA Coterra Energy Inc. | Add +67.0% | 0.04% | +0.02 |
| KKR KKR & Co. Inc. | Add +0.3% | 0.08% | +0.02 |
| EFV iShares MSCI Eafe Value ETF | Add +341.3% | 0.03% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +198.9% | 0.03% | +0.02 |
| HLI Houlihan Lokey Inc. | Add +112.7% | 0.03% | +0.02 |
| BP BP PLC-Spons ADR | Add +15.9% | 0.04% | +0.02 |
| USB US Bancorp | Add +0.2% | 0.06% | +0.02 |
| AVEM Avantis Emerging Markets Eq | New | 0.02% | +0.02 |
| HWM Howmet Aerospace Inc. | Add +5.5% | 0.04% | +0.02 |
| OEF iShares S&P 100 ETF | Add +314.1% | 0.02% | +0.02 |
| ACHR Archer Aviation Inc. Class A | New | 0.02% | +0.02 |
| LYV Live Nation Entertainment Inc. | Add +4.6% | 0.04% | +0.02 |
| THRO iShares U.S. Thematic Rotati | New | 0.01% | +0.01 |
| IEFA iShares Core MSCI Eafe ETF | Add +53.3% | 0.02% | +0.01 |
| IYW iShares Ustechnology ETF | Add +111.0% | 0.02% | +0.01 |
| FNDC Schwab Fndmnt Intl SM Eq ETF | New | 0.01% | +0.01 |
| HEI.A Heico Corp. Class A | Add +205.7% | 0.02% | +0.01 |
| TDY Teledyne Technologies Inc. | Add +266.4% | 0.02% | +0.01 |
| CSGP Costar Group Inc. | Add +11.3% | 0.03% | +0.01 |
| WU Western Union Co. | New | 0.01% | +0.01 |
| NTRS Northern Trust Corp. | Add +48.7% | 0.02% | +0.01 |
| EFG iShares MSCI Eafe Growth ETF | Add +295.9% | 0.01% | +0.01 |
| MTB M & T Bank Corp. | Add +122.3% | 0.02% | +0.01 |
| DKS Dick's Sporting Goods Inc. | Add +42.7% | 0.02% | +0.01 |
| CFG Citizens Financial Group | Add +45.6% | 0.02% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 1,214 | $12.2B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q1 2026 | 1,138 | $9.7B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 1,077 | $9.0B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 1,031 | $8.3B | NVDA, MSFT, AAPL, AMZN, AVGO |
| Q2 2025 | 1,117 | $11.5B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 1,078 | $9.6B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 1,086 | $9.7B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 1,085 | $9.3B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 1,032 | $8.4B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2024 | 1,060 | $7.9B | MSFT, NVDA, AAPL, AMZN, META |