Stock Yards Bank & Trust Co.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed April 16, 2025), Stock Yards Bank & Trust Co. reported 379 stock positions worth $2.8 billion. Its top holding was Apple (AAPL) at 4.9% of the portfolio, followed by Microsoft (MSFT, 4.7%) and Eli Lilly (LLY, 3.3%). Compared with Q4 2024, it opened 22 new positions, sold out of 8, added to 99 and reduced 204. The biggest buy was Sempra (SRE, shares +1284%) and the biggest sale Caterpillar (CAT, shares −69%).

Most Recent 13F
Q2 2026
Location
LOUISVILLE, KY
CIK
0000741073
Portfolio Value
$2.8B (Q1 2025)
SEC Filing
0000892303-25-000002 ↗ filed Apr 16, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $3.0B Q1 2024 Q2 2024: $3.0B Q2 2024 Q3 2024: $3.1B Q3 2024 Q4 2024: $2.9B Q4 2024 Q1 2025: $2.8B $2.8B Q1 2025 Q2 2025: $3.0B Q2 2025 Q3 2025: $3.2B Q3 2025 Q4 2025: $3.3B Q4 2025 Q1 2026: $3.2B Q1 2026 Q2 2026: $3.5B Q2 2026

Holdings 379 stocks · $2.8B

AAPL Apple Inc. 4.91% 620,913 $137.9M Reduce -2.3%
MSFT Microsoft Corp. 4.68% 349,860 $131.3M Reduce -0.7%
LLY Eli Lilly & Co. 3.26% 110,957 $91.6M Add +0.5%
JPM JPMorgan Chase & Co. 3.11% 356,319 $87.4M Reduce -5.9%
IVV iShares Core S&P 500 ETF 3.11% 155,241 $87.2M Add +2.8%
V Visa Inc. Class A 2.70% 216,372 $75.8M Reduce -2.9%
GOOGL Alphabet Inc. Class A 2.61% 472,855 $73.1M Add +0.7%
AMZN Amazon.com Inc. 2.58% 380,148 $72.3M Reduce -0.9%
SYBT Stock Yards Bancorp Inc. 2.55% 1,035,913 $71.5M Reduce -7.9%
EFA iShares MSCI Eafe ETF 2.08% 714,348 $58.4M Add +0.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.93% 96,635 $54.1M Reduce -6.0%
COST Costco Wholesale Corp. 1.76% 52,225 $49.4M Reduce -1.9%
AVGO Broadcom Inc. 1.76% 294,791 $49.4M Add +1.1%
CVX Chevron Corp. 1.70% 285,681 $47.8M Reduce -2.3%
ORCL Oracle Corp. 1.62% 325,097 $45.5M Add +1.8%
TFLO iShares Treasury Floating Ra 1.58% 876,266 $44.4M Reduce -1.2%
BRK.B Berkshire Hathaway Inc. Class B 1.55% 81,788 $43.6M Reduce -18.3%
NVDA Nvidia Corp. 1.52% 393,000 $42.6M Add +8.4%
HD Home Depot Inc. 1.51% 115,968 $42.5M Reduce -0.9%
IWR iShares Russell Mid-Cap ETF 1.48% 488,541 $41.6M Add +2.1%
ABT Abbott Laboratories 1.48% 313,157 $41.5M Reduce -1.6%
UNH Unitedhealth Group Inc. 1.44% 77,022 $40.3M Add +1.9%
ASML ASML Holding NV-NY Reg SHS 1.32% 55,807 $37.0M Add +5.8%
WM Waste Management Inc. 1.26% 152,173 $35.2M Reduce -2.5%
IWM iShares Russell 2000 ETF 1.24% 174,157 $34.7M Reduce -1.8%
NEE Nextera Energy Inc. 1.24% 489,523 $34.7M Reduce -1.4%
BLK BlackRock Inc. 1.22% 36,325 $34.4M Reduce -1.4%
EXPE Expedia Group Inc. 1.15% 192,486 $32.4M Reduce -9.7%
XOM Exxon Mobil Corp. 1.13% 266,517 $31.7M Reduce -0.7%
SYK Stryker Corp. 1.12% 84,611 $31.5M Reduce -1.0%
ACN Accenture PLC Class A 1.11% 99,658 $31.1M Add +0.6%
PG The Procter & Gamble Co. 1.10% 181,241 $30.9M Reduce -6.2%
LIN Linde PLC 1.08% 64,937 $30.2M Reduce -1.0%
MRSH Marsh & McLennan Cos 1.07% 122,598 $29.9M Reduce -0.7%
CHDN Churchill Downs Inc. 1.00% 252,153 $28.0M Add +0.2%
BRK.A Berkshire Hathaway Inc. Class A 0.85% 30 $24.0M No change
AMT American Tower Corp. 0.81% 104,255 $22.7M Reduce -7.4%
PANW Palo Alto Networks Inc. 0.79% 130,264 $22.2M Add +1.4%
EME Emcor Group Inc. 0.78% 59,561 $22.0M Add +1.8%
MDLZ Mondelez International Inc. Class A 0.78% 323,430 $21.9M Add +2.2%
META Meta Platforms Inc. Class A 0.78% 37,879 $21.8M Add +110.5%
JNJ Johnson & Johnson 0.73% 122,995 $20.4M Reduce -21.3%
SRE Sempra 0.68% 265,485 $18.9M Add +1283.7%
STZ Constellation Brands Inc. Class A 0.66% 101,552 $18.6M Add +17.2%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.66% 445,344 $18.6M Add +12.8%
KO The Coca-Cola Co. 0.63% 244,961 $17.5M Reduce -1.5%
ZTS Zoetis Inc. 0.62% 105,325 $17.3M Add +21.1%
PM Philip Morris International 0.61% 107,978 $17.1M Add +0.9%
VTI VG Morningstar TS MKT ETF-US 0.57% 58,075 $16.0M Add +376.9%
AVUV Avantis US Small Cap Value 0.56% 181,643 $15.8M Add +7.0%
PEP Pepsico Inc. 0.56% 104,497 $15.7M Reduce -5.4%
MCD McDonald's Corp. 0.54% 48,713 $15.2M Reduce -4.3%
ADBE Adobe Inc. 0.49% 35,739 $13.7M Reduce -4.3%
PWR Quanta Services Inc. 0.48% 53,387 $13.6M New
ABBV Abbvie Inc. 0.46% 62,243 $13.0M Reduce -3.8%
EQIX Equinix Inc. 0.43% 14,708 $12.0M Reduce -1.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.42% 120,646 $11.9M Reduce -6.6%
ODFL Old Dominion Freight Line 0.39% 65,372 $10.8M Reduce -6.6%
GOOG Alphabet Inc. Class C 0.38% 69,105 $10.8M Reduce -3.5%
DHR Danaher Corp. 0.38% 51,534 $10.6M Reduce -53.3%
EEM iShares MSCI Emerging Market 0.35% 225,661 $9.9M Reduce -15.3%
USMV iShares MSCI USA Min Vol Fac 0.35% 104,017 $9.7M Reduce -12.5%
SHY iShares 1-3 Year Treasury Bo 0.32% 109,613 $9.1M Add +27.1%
VOO Vanguard S&P 500 ETF 0.32% 17,554 $9.0M Add +7.8%
GLD SPDR Gold Shares 0.32% 30,706 $8.8M Add +2.0%
MRK Merck & Co. Inc. 0.31% 97,567 $8.8M Add +0.3%
ADI Analog Devices Inc. 0.31% 43,178 $8.7M Reduce -19.3%
AWK American Water Works Co. Inc. 0.30% 57,195 $8.4M Reduce -58.2%
OEF iShares S&P 100 ETF 0.29% 30,441 $8.2M Add +0.1%
PNC PNC Financial Services Group 0.28% 44,185 $7.8M Reduce -8.1%
SBUX Starbucks Corp. 0.27% 77,582 $7.6M Reduce -2.9%
WMT Walmart Inc. 0.27% 86,566 $7.6M Reduce -3.3%
IWF iShares Russell 1000 Growth 0.27% 20,919 $7.6M Add +2.3%
CAT Caterpillar Inc. 0.27% 22,821 $7.5M Reduce -69.4%
IWP iShares Russell Mid-Cap Grow 0.26% 61,653 $7.2M Add +1.5%
MA Mastercard Inc. Class A 0.25% 12,562 $6.9M Reduce -12.0%
CSCO Cisco Systems Inc. 0.24% 109,683 $6.8M Add +3.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.22% 25,334 $6.3M Add +3.5%
ETN Eaton Corp. PLC 0.22% 22,433 $6.1M Reduce -1.5%
MSI Motorola Solutions Inc. 0.20% 12,995 $5.7M Reduce -1.2%
QQQ Invesco QQQ Trust Series 1 0.20% 11,909 $5.6M Add +1.1%
BMY Bristol-Myers Squibb Co. 0.19% 87,739 $5.4M Reduce -5.4%
AMGN Amgen Inc. 0.19% 17,085 $5.3M Reduce -3.1%
QCOM Qualcomm Inc. 0.18% 33,628 $5.2M Reduce -2.6%
IWD iShares Russell 1000 Value E 0.18% 27,177 $5.1M Add +10.4%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.18% 41,629 $5.1M Reduce -0.9%
LMT Lockheed Martin Corp. 0.16% 10,357 $4.6M Add +0.1%
MO Altria Group Inc. 0.16% 74,164 $4.5M Reduce -0.3%
MS Morgan Stanley 0.16% 37,997 $4.4M Reduce -2.5%
DE Deere & Co. 0.16% 9,300 $4.4M Reduce -6.0%
ITW Illinois Tool Works 0.16% 17,569 $4.4M Reduce -2.8%
VZ Verizon Communications Inc. 0.15% 95,065 $4.3M Reduce -2.7%
SHW The Sherwin-Williams Co. 0.15% 12,155 $4.2M Reduce -2.1%
HON Honeywell International Inc. 0.15% 20,036 $4.2M Reduce -8.3%
DUK Duke Energy Corp. 0.15% 34,367 $4.2M Reduce -2.6%
T AT&T Inc. 0.15% 146,733 $4.1M Reduce -3.5%
YUM Yum! Brands Inc. 0.14% 25,702 $4.0M Reduce -5.5%
UNP Union Pacific Corp. 0.14% 16,997 $4.0M Reduce -2.4%
AGG iShares Core U.S. Aggregate 0.13% 37,862 $3.7M Reduce -17.8%
DOV Dover Corp. 0.13% 21,139 $3.7M Reduce -0.1%

Show all 379 holdings

Portfolio Sells Q4 2024 → Q1 2025

CAT Caterpillar Inc. Reduce -69.4% 0.27% −0.66
AAPL Apple Inc. Reduce -2.3% 4.91% −0.55
DHR Danaher Corp. Reduce -53.3% 0.38% −0.49
MSFT Microsoft Corp. Reduce -0.7% 4.68% −0.42
AMZN Amazon.com Inc. Reduce -0.9% 2.58% −0.31
AWK American Water Works Co. Inc. Reduce -58.2% 0.30% −0.28
SYBT Stock Yards Bancorp Inc. Reduce -7.9% 2.55% −0.22
EXPE Expedia Group Inc. Reduce -9.7% 1.15% −0.21
SPY SS SPDR S&P 500 ETF Trust-US Reduce -6.0% 1.93% −0.14
IWM iShares Russell 2000 ETF Reduce -1.8% 1.24% −0.11
GOOG Alphabet Inc. Class C Reduce -3.5% 0.38% −0.08
ADBE Adobe Inc. Reduce -4.3% 0.49% −0.08
ADI Analog Devices Inc. Reduce -19.3% 0.31% −0.08
BLK BlackRock Inc. Reduce -1.4% 1.22% −0.07
DIS The Walt Disney Co. Reduce -6.6% 0.42% −0.07
EQIX Equinix Inc. Reduce -1.0% 0.43% −0.05
JNJ Johnson & Johnson Reduce -21.3% 0.73% −0.05
HD Home Depot Inc. Reduce -0.9% 1.51% −0.05
ETN Eaton Corp. PLC Reduce -1.5% 0.22% −0.04
PNC PNC Financial Services Group Reduce -8.1% 0.28% −0.04
ODFL Old Dominion Freight Line Reduce -6.6% 0.39% −0.04
NKE Nike Inc. Class B Reduce -20.3% 0.08% −0.04
EEM iShares MSCI Emerging Market Reduce -15.3% 0.35% −0.03
DES Wisdomtree US Smallcap Divid Reduce -26.9% 0.07% −0.03
XLK SS Technology Select Sector Reduce -10.6% 0.13% −0.03
BF.B Brown-Forman Corp. Class B Reduce -16.7% 0.09% −0.03
DLR Digital Realty Trust Inc. Reduce -13.2% 0.07% −0.03
TGT Target Corp. Reduce -7.4% 0.07% −0.03
WAT Waters Corp. Reduce -48.9% 0.03% −0.03
IRM Iron Mountain Inc. Reduce -9.8% 0.07% −0.02
AGG iShares Core U.S. Aggregate Reduce -17.8% 0.13% −0.02
UPS United Parcel Service Class B Reduce -9.9% 0.09% −0.02
DON Wisdomtree US Midcap Dividen Reduce -20.2% 0.08% −0.02
HON Honeywell International Inc. Reduce -8.3% 0.15% −0.02
PEP Pepsico Inc. Reduce -5.4% 0.56% −0.02
LSTR Landstar System Inc. Sold out 0.00% −0.02
TMO Thermo Fisher Scientific Inc. Reduce -24.0% 0.05% −0.02
USMV iShares MSCI USA Min Vol Fac Reduce -12.5% 0.35% −0.02
EFAV iShares MSCI Eafe Min Vol Fa Reduce -48.7% 0.02% −0.01
AMKR Amkor Technology Inc. Sold out 0.00% −0.01
CSX CSX Corp. Reduce -18.8% 0.05% −0.01
EMR Emerson Electric Co. Reduce -8.7% 0.07% −0.01
MA Mastercard Inc. Class A Reduce -12.0% 0.25% −0.01
VB Vanguard Most SM-Cap ETF-Usd Reduce -10.9% 0.07% −0.01
SCZ iShares MSCI Eafe Small-Cap Reduce -22.6% 0.06% −0.01
TFC Truist Financial Corp. Reduce -10.3% 0.08% −0.01
PG The Procter & Gamble Co. Reduce -6.2% 1.10% −0.01
MS Morgan Stanley Reduce -2.5% 0.16% −0.01
BF.A Brown-Forman Corp. Class A Reduce -0.8% 0.11% −0.01
PFE Pfizer Inc. Reduce -9.7% 0.08% −0.01

Portfolio Buys Q4 2024 → Q1 2025

SRE Sempra Add +1283.7% 0.68% +0.62
PWR Quanta Services Inc. New 0.48% +0.48
VTI VG Morningstar TS MKT ETF-US Add +376.9% 0.57% +0.45
META Meta Platforms Inc. Class A Add +110.5% 0.78% +0.42
LLY Eli Lilly & Co. Add +0.5% 3.26% +0.34
EFA iShares MSCI Eafe ETF Add +0.3% 2.08% +0.23
PM Philip Morris International Add +0.9% 0.61% +0.17
SLB SLB Ltd. Add +12.8% 0.66% +0.14
MDLZ Mondelez International Inc. Class A Add +2.2% 0.78% +0.13
ZTS Zoetis Inc. Add +21.1% 0.62% +0.13
UNH Unitedhealth Group Inc. Add +1.9% 1.44% +0.13
SHY iShares 1-3 Year Treasury Bo Add +27.1% 0.32% +0.08
IEMG iShares Core MSCI Emerging New 0.08% +0.08
GLD SPDR Gold Shares Add +2.0% 0.32% +0.07
ASML ASML Holding NV-NY Reg SHS Add +5.8% 1.32% +0.06
IVV iShares Core S&P 500 ETF Add +2.8% 3.11% +0.06
IBM Intl Business Machines Corp. Add +3.5% 0.22% +0.04
SPDW Ste STR SPDR PT DW Eu ETF New 0.03% +0.03
CCI Crown Castle Inc. Add +53.9% 0.07% +0.03
IWR iShares Russell Mid-Cap ETF Add +2.1% 1.48% +0.03
IEFA iShares Core MSCI Eafe ETF Add +20.6% 0.11% +0.03
ANET Arista Networks Inc. Add +481.3% 0.04% +0.03
IWD iShares Russell 1000 Value E Add +10.4% 0.18% +0.03
CSCO Cisco Systems Inc. Add +3.1% 0.24% +0.03
ACWX iShares MSCI Acwi Ex US ETF New 0.02% +0.02
GE General Electric Add +7.3% 0.08% +0.02
VOO Vanguard S&P 500 ETF Add +7.8% 0.32% +0.02
IAU iShares Gold Trust Add +20.2% 0.05% +0.02
VWO Vanguard Ftse Emerging Marke Add +28.7% 0.06% +0.02
VGK Vanguard Ftse Europe ETF New 0.01% +0.01
HCA HCA Healthcare Inc. New 0.01% +0.01
BUFR FT Vest Lad Buffervetf-Usd I New 0.01% +0.01
EFV iShares MSCI Eafe Value ETF Add +0.3% 0.09% +0.01
EFG iShares MSCI Eafe Growth ETF Add +12.7% 0.06% +0.01
ENB Enbridge Inc. Add +2.2% 0.11% +0.01
VT Vanguard Tot World STK ETF New 0.01% +0.01
DVY iShares Select Dividend ETF Add +16.3% 0.05% +0.01
SNPS Synopsys Inc. Add +52.1% 0.03% +0.01
IWY iShares Russell Top 200 Grow New 0.01% +0.01
VYM Vanguard High DVD Yield ETF Add +11.8% 0.06% +0.01
WEC WEC Energy Group Inc. Add +1.9% 0.05% +0.01
TSM Taiwan Semiconductor-SP ADR Add +49.6% 0.04% +0.01
GILD Gilead Sciences Inc. New 0.01% +0.01
PAAS Pan American Silver Corp. New 0.01% +0.01
TMUS T-Mobile US Inc. New 0.01% +0.01
MU Micron Technology Inc. New 0.01% +0.01
IBIT iShares Bitcoin Trust ETF New 0.01% +0.01
BP BP PLC-Spons ADR Add +2.3% 0.04% +0.01
XLP SS Consumer Staples Sel Sect New 0.01% +0.01
FISV Fiserv Inc. New 0.01% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026Amended 397$3.5BGOOGL, AAPL, IVV, LLY, MSFT
Q1 2026 396$3.2BAAPL, GOOGL, MSFT, IVV, LLY
Q4 2025 397$3.3BMSFT, AAPL, GOOGL, LLY, IVV
Q3 2025 389$3.2BMSFT, AAPL, GOOGL, IVV, JPM
Q2 2025 381$3.0BMSFT, AAPL, JPM, IVV, LLY
Q1 2025 379$2.8BAAPL, MSFT, LLY, JPM, IVV
Q4 2024 365$2.9BAAPL, MSFT, JPM, GOOGL, IVV
Q3 2024 373$3.1BMSFT, AAPL, SPY, LLY, JPM
Q2 2024 376$3.0BMSFT, AAPL, SPY, LLY, GOOGL
Q1 2024 392$3.0BMSFT, AAPL, SPY, JPM, LLY