Stock Yards Bank & Trust Co.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 30, 2025), Stock Yards Bank & Trust Co. reported 389 stock positions worth $3.2 billion. Its top holding was Microsoft (MSFT) at 5.6% of the portfolio, followed by Apple (AAPL, 4.7%) and Alphabet Class A (GOOGL, 3.6%). Compared with Q2 2025, it opened 18 new positions, sold out of 10, added to 118 and reduced 191. The biggest buy was Apollo Global Management (APO, shares +2395%) and the biggest sale Accenture Class A (ACN, shares −71%).

Most Recent 13F
Q2 2026
Location
LOUISVILLE, KY
CIK
0000741073
Portfolio Value
$3.2B (Q3 2025)
SEC Filing
0000892303-25-000013 ↗ filed Oct 30, 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 Q1 2025 Q2 2025: $3.0B Q2 2025 Q3 2025: $3.2B $3.2B Q3 2025 Q4 2025: $3.3B Q4 2025 Q1 2026: $3.2B Q1 2026 Q2 2026: $3.5B Q2 2026

Holdings 389 stocks · $3.2B

MSFT Microsoft Corp. 5.61% 345,317 $178.9M Reduce -0.8%
AAPL Apple Inc. 4.74% 593,974 $151.2M Reduce -2.2%
GOOGL Alphabet Inc. Class A 3.65% 478,388 $116.3M Reduce -0.1%
IVV iShares Core S&P 500 ETF 3.57% 170,359 $114.0M Add +3.6%
JPM JPMorgan Chase & Co. 3.51% 354,677 $111.9M Reduce -1.9%
AVGO Broadcom Inc. 2.95% 285,293 $94.1M Reduce -2.1%
LLY Eli Lilly & Co. 2.66% 111,367 $85.0M Add +1.1%
ORCL Oracle Corp. 2.66% 301,411 $84.8M Reduce -8.6%
AMZN Amazon.com Inc. 2.59% 376,792 $82.7M Reduce -0.0%
NVDA Nvidia Corp. 2.38% 406,512 $75.8M Add +1.8%
V Visa Inc. Class A 2.27% 211,713 $72.3M Reduce -0.3%
EFA iShares MSCI Eafe ETF 2.16% 736,495 $68.8M Add +3.4%
SYBT Stock Yards Bancorp Inc. 2.13% 971,902 $68.0M Reduce -2.4%
SPY SS SPDR S&P 500 ETF Trust-US 1.91% 91,593 $61.0M Reduce -3.5%
ASML ASML Holding NV-NY Reg SHS 1.78% 58,674 $56.8M Add +3.4%
IWR iShares Russell Mid-Cap ETF 1.55% 510,511 $49.3M Add +1.8%
TFLO iShares Treasury Floating Ra 1.50% 943,634 $47.7M Add +5.8%
COST Costco Wholesale Corp. 1.44% 49,761 $46.1M Reduce -1.2%
HD Home Depot Inc. 1.39% 109,274 $44.3M Reduce -3.9%
IWM iShares Russell 2000 ETF 1.39% 182,938 $44.3M Add +4.3%
CVX Chevron Corp. 1.33% 273,095 $42.4M Reduce -3.3%
ABT Abbott Laboratories 1.30% 309,254 $41.4M Add +0.5%
BLK BlackRock Inc. 1.29% 35,244 $41.1M Reduce -1.3%
META Meta Platforms Inc. Class A 1.28% 55,451 $40.7M Add +11.8%
EME Emcor Group Inc. 1.23% 60,614 $39.4M Add +0.7%
PANW Palo Alto Networks Inc. 1.23% 192,396 $39.2M Add +7.8%
EXPE Expedia Group Inc. 1.21% 180,672 $38.6M Reduce -0.3%
NEE Nextera Energy Inc. 1.19% 500,797 $37.8M Add +1.4%
CHDN Churchill Downs Inc. 1.09% 358,658 $34.8M Reduce -0.9%
WM Waste Management Inc. 1.06% 152,531 $33.7M Add +1.7%
LIN Linde PLC 0.95% 63,762 $30.3M Reduce -0.1%
SYK Stryker Corp. 0.94% 81,541 $30.1M Add +1.0%
XOM Exxon Mobil Corp. 0.87% 246,146 $27.8M Reduce -4.7%
MRSH Marsh & McLennan Cos 0.86% 136,493 $27.5M Reduce -0.6%
SRE Sempra 0.81% 285,672 $25.7M Add +3.8%
PWR Quanta Services Inc. 0.79% 60,573 $25.1M Add +3.8%
PG The Procter & Gamble Co. 0.78% 162,175 $24.9M Reduce -8.0%
BRK.B Berkshire Hathaway Inc. Class B 0.72% 45,760 $23.0M Reduce -15.6%
UNH Unitedhealth Group Inc. 0.71% 65,771 $22.7M Reduce -13.4%
BRK.A Berkshire Hathaway Inc. Class A 0.71% 30 $22.6M No change
JNJ Johnson & Johnson 0.63% 108,615 $20.1M Reduce -3.3%
MDLZ Mondelez International Inc. Class A 0.61% 313,714 $19.6M Reduce -1.5%
AMT American Tower Corp. 0.59% 98,301 $18.9M Reduce -2.5%
EQIX Equinix Inc. 0.56% 22,809 $17.9M Add +53.6%
PM Philip Morris International 0.54% 106,782 $17.3M Add +2.1%
AVUV Avantis US Small Cap Value 0.53% 169,525 $16.9M Add +0.6%
APO Apollo Global Management Inc. 0.52% 124,708 $16.6M Add +2395.2%
GOOG Alphabet Inc. Class C 0.49% 64,691 $15.8M Reduce -3.4%
KO The Coca-Cola Co. 0.47% 225,627 $15.0M Reduce -5.9%
MCD McDonald's Corp. 0.45% 47,419 $14.4M Reduce -1.9%
ABBV Abbvie Inc. 0.44% 61,203 $14.2M Reduce -2.6%
PEP Pepsico Inc. 0.43% 97,210 $13.7M Reduce -7.0%
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.42% 391,809 $13.5M Reduce -4.5%
FTGC First Trust Global Tactical 0.42% 514,381 $13.3M New
ZTS Zoetis Inc. 0.42% 90,657 $13.3M Reduce -10.7%
EEM iShares MSCI Emerging Market 0.37% 223,754 $11.9M Add +2.9%
STZ Constellation Brands Inc. Class A 0.37% 87,726 $11.8M Reduce -14.6%
GLD SPDR Gold Shares 0.36% 32,573 $11.6M Reduce -0.2%
VOO Vanguard S&P 500 ETF 0.35% 18,052 $11.1M Add +5.0%
VTI VG Morningstar TS MKT ETF-US 0.34% 33,517 $11.0M Reduce -0.4%
ADBE Adobe Inc. 0.33% 30,260 $10.7M Reduce -6.5%
OEF iShares S&P 100 ETF 0.33% 31,374 $10.4M Add +0.7%
IWF iShares Russell 1000 Growth 0.31% 21,073 $9.9M Add +2.3%
ADI Analog Devices Inc. 0.30% 38,830 $9.5M Reduce -6.7%
IWP iShares Russell Mid-Cap Grow 0.29% 65,688 $9.4M Add +6.5%
USMV iShares MSCI USA Min Vol Fac 0.28% 95,395 $9.1M Reduce -2.7%
WMT Walmart Inc. 0.28% 85,354 $8.8M Reduce -1.6%
CAT Caterpillar Inc. 0.26% 17,663 $8.4M Reduce -5.4%
PNC PNC Financial Services Group 0.25% 39,200 $7.9M Reduce -10.0%
ETN Eaton Corp. PLC 0.24% 20,718 $7.8M Reduce -7.4%
ODFL Old Dominion Freight Line 0.24% 54,987 $7.7M Reduce -6.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.24% 27,152 $7.7M Add +3.3%
MA Mastercard Inc. Class A 0.23% 13,148 $7.5M Reduce -4.0%
MRK Merck & Co. Inc. 0.23% 88,634 $7.4M Reduce -7.0%
CSCO Cisco Systems Inc. 0.23% 108,500 $7.4M Reduce -0.8%
QQQ Invesco QQQ Trust Series 1 0.22% 11,884 $7.1M Reduce -0.5%
DHR Danaher Corp. 0.22% 35,623 $7.1M Reduce -15.8%
ACN Accenture PLC Class A 0.22% 28,599 $7.1M Reduce -70.6%
MSI Motorola Solutions Inc. 0.21% 14,840 $6.8M Reduce -2.5%
AWK American Water Works Co. Inc. 0.20% 45,272 $6.3M Reduce -7.9%
MS Morgan Stanley 0.19% 38,985 $6.2M Reduce -0.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.19% 42,394 $6.1M Reduce -2.1%
SHY iShares 1-3 Year Treasury Bo 0.19% 72,139 $6.0M Reduce -15.5%
SBUX Starbucks Corp. 0.18% 69,311 $5.9M Reduce -7.5%
QCOM Qualcomm Inc. 0.17% 33,080 $5.5M Reduce -1.1%
LMT Lockheed Martin Corp. 0.16% 10,394 $5.2M Reduce -3.0%
XLK SS Technology Select Sector 0.16% 18,243 $5.1M Reduce -0.5%
DE Deere & Co. 0.15% 10,513 $4.8M Add +6.8%
IWO iShares Russell 2000 Growth 0.15% 14,979 $4.8M Add +6.4%
AMGN Amgen Inc. 0.15% 16,888 $4.8M Add +0.3%
IWD iShares Russell 1000 Value E 0.15% 22,843 $4.7M Reduce -7.8%
ITW Illinois Tool Works 0.14% 17,736 $4.6M Reduce -1.6%
ANET Arista Networks Inc. 0.14% 31,229 $4.6M Add +123.2%
BX Blackstone Inc. 0.14% 26,526 $4.5M Add +2.9%
MO Altria Group Inc. 0.14% 66,320 $4.4M Reduce -3.5%
TSLA Tesla Inc. 0.14% 9,762 $4.3M Reduce -0.2%
T AT&T Inc. 0.13% 150,380 $4.2M Add +4.1%
VEA Vanguard Ftse Developed ETF 0.13% 70,001 $4.2M Add +6.5%
VZ Verizon Communications Inc. 0.13% 94,197 $4.1M Add +7.2%
NSC Norfolk Southern Corp. 0.13% 13,390 $4.0M Reduce -2.3%

Show all 389 holdings

Portfolio Sells Q2 2025 → Q3 2025

ACN Accenture PLC Class A Reduce -70.6% 0.22% −0.75
SYBT Stock Yards Bancorp Inc. Reduce -2.4% 2.13% −0.49
V Visa Inc. Class A Reduce -0.3% 2.27% −0.25
COST Costco Wholesale Corp. Reduce -1.2% 1.44% −0.22
STZ Constellation Brands Inc. Class A Reduce -14.6% 0.37% −0.19
MSFT Microsoft Corp. Reduce -0.8% 5.61% −0.18
AMZN Amazon.com Inc. Reduce -0.0% 2.59% −0.17
BRK.B Berkshire Hathaway Inc. Class B Reduce -15.6% 0.72% −0.16
PG The Procter & Gamble Co. Reduce -8.0% 0.78% −0.16
AMT American Tower Corp. Reduce -2.5% 0.59% −0.15
MRSH Marsh & McLennan Cos Reduce -0.6% 0.86% −0.14
CHDN Churchill Downs Inc. Reduce -0.9% 1.09% −0.13
ZTS Zoetis Inc. Reduce -10.7% 0.42% −0.11
MDLZ Mondelez International Inc. Class A Reduce -1.5% 0.61% −0.10
KO The Coca-Cola Co. Reduce -5.9% 0.47% −0.10
ADBE Adobe Inc. Reduce -6.5% 0.33% −0.08
UNH Unitedhealth Group Inc. Reduce -13.4% 0.71% −0.08
ODFL Old Dominion Freight Line Reduce -6.4% 0.24% −0.08
XOM Exxon Mobil Corp. Reduce -4.7% 0.87% −0.06
DHR Danaher Corp. Reduce -15.8% 0.22% −0.06
DIS The Walt Disney Co. Reduce -22.6% 0.11% −0.05
LIN Linde PLC Reduce -0.1% 0.95% −0.05
SHY iShares 1-3 Year Treasury Bo Reduce -15.5% 0.19% −0.05
SBUX Starbucks Corp. Reduce -7.5% 0.18% −0.05
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.5% 1.91% −0.05
SLB SLB Ltd. Reduce -4.5% 0.42% −0.04
PEP Pepsico Inc. Reduce -7.0% 0.43% −0.03
ADI Analog Devices Inc. Reduce -6.7% 0.30% −0.03
AWK American Water Works Co. Inc. Reduce -7.9% 0.20% −0.03
UPS United Parcel Service Class B Reduce -27.3% 0.04% −0.03
HON Honeywell International Inc. Reduce -5.1% 0.12% −0.03
ANSS Ansys Inc. Sold out 0.00% −0.03
PNC PNC Financial Services Group Reduce -10.0% 0.25% −0.02
ETN Eaton Corp. PLC Reduce -7.4% 0.24% −0.02
USMV iShares MSCI USA Min Vol Fac Reduce -2.7% 0.28% −0.02
MA Mastercard Inc. Class A Reduce -4.0% 0.23% −0.02
CVX Chevron Corp. Reduce -3.3% 1.33% −0.02
PAYX Paychex Inc. Reduce -5.4% 0.07% −0.02
BMY Bristol-Myers Squibb Co. Reduce -8.1% 0.11% −0.02
CSCO Cisco Systems Inc. Reduce -0.8% 0.23% −0.02
MCD McDonald's Corp. Reduce -1.9% 0.45% −0.02
NFLX Netflix Inc. Reduce -2.5% 0.09% −0.02
PZZA Papa John's Intl Inc. Sold out 0.00% −0.02
MRK Merck & Co. Inc. Reduce -7.0% 0.23% −0.02
DOV Dover Corp. Reduce -0.1% 0.11% −0.02
ELV Elevance Health Inc. Reduce -15.7% 0.03% −0.02
MUB iShares National Muni Bond E Reduce -26.6% 0.04% −0.02
IWD iShares Russell 1000 Value E Reduce -7.8% 0.15% −0.01
FMB First Trust Managed Municipa Reduce -24.5% 0.04% −0.01
CMCSA Comcast Corp. Class A Reduce -18.5% 0.03% −0.01

Portfolio Buys Q2 2025 → Q3 2025

APO Apollo Global Management Inc. Add +2395.2% 0.52% +0.50
FTGC First Trust Global Tactical New 0.42% +0.42
NVDA Nvidia Corp. Add +1.8% 2.38% +0.27
ASML ASML Holding NV-NY Reg SHS Add +3.4% 1.78% +0.26
EQIX Equinix Inc. Add +53.6% 0.56% +0.17
IVV iShares Core S&P 500 ETF Add +3.6% 3.57% +0.17
EME Emcor Group Inc. Add +0.7% 1.23% +0.16
IWM iShares Russell 2000 ETF Add +4.3% 1.39% +0.12
SRE Sempra Add +3.8% 0.81% +0.11
ANET Arista Networks Inc. Add +123.2% 0.14% +0.09
META Meta Platforms Inc. Class A Add +11.8% 1.28% +0.05
PWR Quanta Services Inc. Add +3.8% 0.79% +0.05
LNG Cheniere Energy Inc. Add +183.6% 0.07% +0.04
SPHQ Invesco S&P 500 Quality ETF Add +390.9% 0.05% +0.04
NEE Nextera Energy Inc. Add +1.4% 1.19% +0.04
NOW ServiceNow Inc. Add +176.4% 0.07% +0.04
RIO Rio Tinto PLC-Spon ADR Add +409.9% 0.04% +0.04
SPHY SS SPDR P High Yield ETF Add +87.7% 0.08% +0.03
EFA iShares MSCI Eafe ETF Add +3.4% 2.16% +0.03
EEM iShares MSCI Emerging Market Add +2.9% 0.37% +0.02
INTC Intel Corp. Add +22.3% 0.06% +0.02
ISRG Intuitive Surgical Inc. Add +71.7% 0.09% +0.02
VOO Vanguard S&P 500 ETF Add +5.0% 0.35% +0.02
SNPS Synopsys Inc. Add +67.0% 0.06% +0.02
IWF iShares Russell 1000 Growth Add +2.3% 0.31% +0.02
AVUV Avantis US Small Cap Value Add +0.6% 0.53% +0.02
IWO iShares Russell 2000 Growth Add +6.4% 0.15% +0.02
IEMG iShares Core MSCI Emerging Add +18.0% 0.09% +0.02
CMI Cummins Inc. Add +0.4% 0.08% +0.01
BX Blackstone Inc. Add +2.9% 0.14% +0.01
VRT Vertiv Holdings Co. Class A Add +69.5% 0.03% +0.01
CIVI Civitas Resources Inc. Add +26.2% 0.04% +0.01
HWM Howmet Aerospace Inc. New 0.01% +0.01
SDCI Uscf Summerhaven Dynamic ETF New 0.01% +0.01
EFV iShares MSCI Eafe Value ETF Add +11.2% 0.12% +0.01
FSTA Fidelity MSCI Cons Stap Indx New 0.01% +0.01
ENB Enbridge Inc. Add +5.7% 0.12% +0.01
OEF iShares S&P 100 ETF Add +0.7% 0.33% +0.01
BSX Boston Scientific Corp. New 0.01% +0.01
TSM Taiwan Semiconductor-SP ADR Add +3.5% 0.06% +0.01
MELI MercadoLibre Inc. New 0.01% +0.01
VB Vanguard Most SM-Cap ETF-Usd Add +13.4% 0.08% +0.01
IWN iShares Russell 2000 Value E Add +8.8% 0.08% +0.01
BSV Vanguard Short-Term Bond ETF New 0.01% +0.01
VNQ Vanguard Real Estate ETF Add +27.8% 0.05% +0.01
FIX Comfort Systems USA Inc. New 0.01% +0.01
PANW Palo Alto Networks Inc. Add +7.8% 1.23% +0.01
GSK GSK PLC-Spon ADR New 0.01% +0.01
IWP iShares Russell Mid-Cap Grow Add +6.5% 0.29% +0.01
LOW Lowe's Cos Inc. Add +1.0% 0.11% +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