Teachers Retirement System of the State of Kentucky
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 4, 2026), Teachers Retirement System of the State of Kentucky reported 1,674 stock positions worth $12.9 billion. Its top holding was Nvidia (NVDA) at 5.0% of the portfolio, followed by Apple (AAPL, 3.7%) and Microsoft (MSFT, 3.2%). Compared with Q4 2025, it opened 37 new positions, sold out of 43, added to 226 and reduced 256. The biggest buy was Micron Technology (MU, shares +69%) and the biggest sale Adobe (ADBE, shares −77%).
- Most Recent 13F
- Q2 2026
- Location
- FRANKFORT, KY
- CIK
- 0000714142
- Portfolio Value
- $12.9B (Q1 2026)
- SEC Filing
- 0000714142-26-000002 ↗ filed May 4, 2026
Holdings Value
Holdings 1,674 stocks · $12.9B
| NVDA Nvidia Corp. | 4.97% | 3,671,448 | $640.3M | Add +1.9% |
| AAPL Apple Inc. | 3.72% | 1,889,728 | $479.6M | Reduce -1.6% |
| MSFT Microsoft Corp. | 3.19% | 1,109,372 | $410.7M | Add +0.2% |
| GOOGL Alphabet Inc. Class A | 2.75% | 1,233,629 | $354.7M | Add +6.9% |
| AMZN Amazon.com Inc. | 2.73% | 1,692,462 | $352.5M | Add +1.0% |
| AVGO Broadcom Inc. | 2.04% | 850,380 | $263.2M | Add +4.6% |
| META Meta Platforms Inc. Class A | 1.66% | 374,237 | $214.1M | Add +2.6% |
| GOOG Alphabet Inc. Class C | 1.13% | 506,051 | $145.2M | Reduce -1.2% |
| LLY Eli Lilly & Co. | 1.08% | 150,845 | $138.7M | Reduce -0.3% |
| JPM JPMorgan Chase & Co. | 0.96% | 420,831 | $123.8M | Reduce -4.3% |
| TSLA Tesla Inc. | 0.85% | 293,112 | $109.0M | Add +1.1% |
| V Visa Inc. Class A | 0.67% | 285,876 | $86.4M | Reduce -0.8% |
| GILD Gilead Sciences Inc. | 0.66% | 614,360 | $85.6M | Reduce -2.0% |
| CB Chubb Ltd. | 0.66% | 259,587 | $84.6M | Add +16.1% |
| MU Micron Technology Inc. | 0.60% | 228,340 | $77.1M | Add +68.7% |
| TEVA Teva Pharmaceutical-SP ADR | 0.57% | 2,445,300 | $73.7M | No change |
| AMD Advanced Micro Devices | 0.56% | 353,090 | $71.8M | Add +1.8% |
| NFLX Netflix Inc. | 0.55% | 742,115 | $71.4M | Reduce -22.7% |
| HCA HCA Healthcare Inc. | 0.55% | 150,712 | $71.3M | Add +69.8% |
| WMT Walmart Inc. | 0.54% | 560,476 | $69.7M | Reduce -5.3% |
| CSCO Cisco Systems Inc. | 0.54% | 894,093 | $69.4M | Add +4.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.53% | 143,766 | $68.9M | No change |
| PH Parker Hannifin Corp. | 0.52% | 74,822 | $67.0M | Reduce -11.7% |
| XOM Exxon Mobil Corp. | 0.52% | 393,661 | $66.8M | Reduce -11.2% |
| QCOM Qualcomm Inc. | 0.52% | 518,213 | $66.7M | Reduce -7.3% |
| TTE Totalenergies SE | 0.52% | 731,230 | $66.5M | Reduce -0.3% |
| KLAC KLA Corp. | 0.50% | 43,675 | $64.3M | Reduce -10.6% |
| ABBV Abbvie Inc. | 0.49% | 290,591 | $63.2M | Add +4.3% |
| KR Kroger Co. | 0.49% | 866,959 | $62.7M | Reduce -1.2% |
| SHEL Shell PLC-ADR | 0.48% | 670,690 | $62.4M | Add +8.2% |
| MA Mastercard Inc. Class A | 0.48% | 123,417 | $61.7M | Add +2.6% |
| MDT Medtronic PLC | 0.47% | 701,959 | $60.8M | Add +17.6% |
| NXPI NXP Semiconductors NV | 0.46% | 301,412 | $59.3M | Add +76.0% |
| MS Morgan Stanley | 0.43% | 339,029 | $55.8M | Reduce -0.6% |
| CMI Cummins Inc. | 0.43% | 102,267 | $55.0M | Add +0.8% |
| PM Philip Morris International | 0.43% | 332,345 | $55.0M | Add +18.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.42% | 1,119,219 | $54.6M | No change |
| VALE Vale SA-SP ADR | 0.42% | 3,423,400 | $54.5M | Reduce -15.9% |
| WFC Wells Fargo & Co. | 0.41% | 658,730 | $52.4M | Reduce -4.9% |
| RIO Rio Tinto PLC-Spon ADR | 0.40% | 545,770 | $50.9M | Reduce -21.8% |
| FTI Technipfmc PLC | 0.37% | 692,800 | $47.9M | Add +7.3% |
| SAN Banco Santander SA-Spon ADR | 0.37% | 4,244,210 | $47.9M | Reduce -12.7% |
| COST Costco Wholesale Corp. | 0.36% | 46,745 | $46.6M | No change |
| ORCL Oracle Corp. | 0.36% | 315,435 | $46.4M | Add +1.9% |
| JNJ Johnson & Johnson | 0.36% | 189,024 | $46.2M | No change |
| ING ING Groep N.V.-Sponsored ADR | 0.36% | 1,765,380 | $46.0M | Reduce -1.1% |
| AER Aercap Holdings NV | 0.35% | 327,670 | $44.9M | No change |
| AMGN Amgen Inc. | 0.34% | 126,248 | $44.4M | No change |
| NRG NRG Energy Inc. | 0.34% | 301,843 | $44.1M | Add +26.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.34% | 129,780 | $43.9M | No change |
| MO Altria Group Inc. | 0.34% | 657,035 | $43.4M | No change |
| HD Home Depot Inc. | 0.33% | 130,103 | $42.8M | No change |
| MUFG Mitsubishi Ufj Finl-Spon ADR | 0.33% | 2,506,310 | $42.5M | No change |
| VZ Verizon Communications Inc. | 0.33% | 840,086 | $42.2M | Add +31.7% |
| URI United Rentals Inc. | 0.32% | 57,462 | $41.9M | Reduce -2.6% |
| AMAT Applied Materials Inc. | 0.32% | 122,470 | $41.9M | Reduce -7.1% |
| JBL Jabil Inc. | 0.32% | 156,414 | $41.5M | Reduce -42.1% |
| DELL Dell Technologies -C | 0.32% | 252,230 | $41.4M | No change |
| MPC Marathon Petroleum Corp. | 0.32% | 168,644 | $41.2M | Add +570.7% |
| MCK McKesson Corp. | 0.32% | 47,329 | $41.0M | No change |
| NVS Novartis AG-Sponsored ADR | 0.32% | 267,950 | $40.9M | Reduce -2.5% |
| BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP | 0.31% | 338,774 | $40.2M | Add +10.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.31% | 164,726 | $39.9M | No change |
| BCS Barclays PLC-Spons ADR | 0.31% | 1,881,600 | $39.8M | Reduce -5.7% |
| C Citigroup Inc. | 0.31% | 348,354 | $39.5M | Reduce -9.8% |
| AKAM Akamai Technologies Inc. | 0.31% | 343,879 | $39.5M | Add +14.0% |
| CFG Citizens Financial Group | 0.30% | 655,634 | $39.3M | No change |
| AXP American Express Co. | 0.30% | 127,817 | $38.7M | Reduce -7.2% |
| NWG Natwest Group PLC -Spon ADR | 0.29% | 2,490,080 | $37.1M | Reduce -11.4% |
| YUMC Yum China Holdings Inc. | 0.28% | 752,360 | $36.7M | Add +42.4% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.28% | 56,275 | $36.6M | No change |
| NOW ServiceNow Inc. | 0.28% | 347,960 | $36.4M | Add +27.0% |
| OKE Oneok Inc. | 0.28% | 400,707 | $36.2M | Add +20.4% |
| FSLR First Solar Inc. | 0.28% | 182,379 | $36.0M | Add +35.7% |
| FITB Fifth Third Bancorp | 0.28% | 771,052 | $35.8M | Add +2.3% |
| MRK Merck & Co. Inc. | 0.28% | 295,607 | $35.6M | Add +8.7% |
| NEM Newmont Corp. | 0.28% | 328,197 | $35.5M | Add +267.5% |
| CRM Salesforce Inc. | 0.27% | 188,165 | $35.1M | Add +44.1% |
| KB KB Financial Group Inc.-ADR filed as KB FINL GROUP INC | 0.27% | 347,200 | $34.6M | No change |
| DVA Davita Inc. | 0.27% | 225,177 | $34.6M | Add +20.2% |
| BTI British American Tob-SP ADR | 0.27% | 589,730 | $34.5M | No change |
| IX Orix - Sponsored ADR filed as ORIX CORP | 0.27% | 1,147,000 | $34.4M | No change |
| CRH CRH PLC | 0.26% | 322,240 | $33.9M | Reduce -6.8% |
| HII Huntington Ingalls Industrie | 0.26% | 88,982 | $33.8M | No change |
| TPR Tapestry Inc. | 0.26% | 239,399 | $33.8M | Reduce -17.6% |
| DKS Dick's Sporting Goods Inc. | 0.26% | 170,141 | $33.7M | Add +14.7% |
| PBR Petroleo Brasileiro-Spon ADR | 0.26% | 1,618,030 | $33.6M | Reduce -17.8% |
| GE General Electric filed as GE AEROSPACE | 0.26% | 116,831 | $33.2M | Reduce -3.1% |
| UNH Unitedhealth Group Inc. | 0.26% | 122,360 | $33.1M | No change |
| PGR Progressive Corp. | 0.25% | 165,550 | $32.8M | Reduce -3.4% |
| BKNG Booking Holdings Inc. | 0.25% | 7,746 | $32.6M | Reduce -37.3% |
| BABA Alibaba Group Holding-SP ADR | 0.25% | 259,580 | $32.6M | Add +24.4% |
| ITUB Itau Unibanco H-Spon PRF ADR | 0.25% | 3,837,098 | $32.2M | No change |
| GS Goldman Sachs Group Inc. | 0.25% | 37,481 | $31.7M | Reduce -28.3% |
| CCK Crown Holdings Inc. | 0.24% | 311,135 | $31.2M | Add +57.8% |
| CVX Chevron Corp. | 0.24% | 150,124 | $31.1M | No change |
| PLTR Palantir Technologies Inc. Class A | 0.24% | 211,376 | $30.9M | Add +20.9% |
| ETN Eaton Corp. PLC | 0.23% | 84,646 | $30.3M | Add +21.9% |
| APTV Aptiv PLC | 0.23% | 435,558 | $30.2M | Reduce -4.8% |
| CVS CVS Health Corp. | 0.23% | 420,981 | $30.2M | Add +327.0% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $100K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| GME.WS Gamestop Corp. | *W EXP 10/30/202 | 12,248 | $47K | No change |
| LIBERTY BROADBAND CORP (LBRDA 7 PERP A) | COM | 1,404 | $33K | No change |
| VAL.WS Valaris Ltd. -CW28 | *W EXP 04/29/202 | 1,259 | $20K | No change |
Total filed on the 13F, all lines: $12.9B.
Portfolio Sells Q4 2025 → Q1 2026
| ADBE Adobe Inc. | Reduce -76.9% | 0.06% | −0.31 |
| T AT&T Inc. | Reduce -73.7% | 0.13% | −0.27 |
| EXPE Expedia Group Inc. | Reduce -92.2% | 0.02% | −0.25 |
| BKNG Booking Holdings Inc. | Reduce -37.3% | 0.25% | −0.24 |
| MAS Masco Corp. | Reduce -96.6% | 0.01% | −0.23 |
| UAL United Airlines Holdings Inc. | Reduce -90.9% | 0.02% | −0.22 |
| RL Ralph Lauren Corp. | Reduce -96.1% | 0.01% | −0.21 |
| QCOM Qualcomm Inc. | Reduce -7.3% | 0.52% | −0.20 |
| TKO Tko Group Holdings Inc. | Reduce -95.8% | 0.01% | −0.20 |
| OMC Omnicom Group | Reduce -92.5% | 0.01% | −0.19 |
| AAPL Apple Inc. | Reduce -1.6% | 3.72% | −0.19 |
| RCL Royal Caribbean Cruises Ltd. | Reduce -79.9% | 0.04% | −0.16 |
| LEN Lennar Corp. Class A | Reduce -91.2% | 0.01% | −0.15 |
| LLY Eli Lilly & Co. | Reduce -0.3% | 1.08% | −0.14 |
| HDB HDFC Bank Ltd.-ADR | Sold out | 0.00% | −0.14 |
| JBL Jabil Inc. | Reduce -42.1% | 0.32% | −0.14 |
| DOX Amdocs Ltd. | Sold out | 0.00% | −0.14 |
| NFLX Netflix Inc. | Reduce -22.7% | 0.55% | −0.12 |
| JPM JPMorgan Chase & Co. | Reduce -4.3% | 0.96% | −0.10 |
| SONY Sony Group Corp. - SP ADR | Sold out | 0.00% | −0.10 |
| CDW CDW Corp. | Reduce -90.3% | 0.01% | −0.10 |
| GS Goldman Sachs Group Inc. | Reduce -28.3% | 0.25% | −0.10 |
| APO Apollo Global Management Inc. | Reduce -18.6% | 0.17% | −0.09 |
| V Visa Inc. Class A | Reduce -0.8% | 0.67% | −0.09 |
| AZO AutoZone Inc. | Reduce -50.9% | 0.09% | −0.09 |
| MDB Mongodb Inc. | Reduce -20.4% | 0.08% | −0.08 |
| AXP American Express Co. | Reduce -7.2% | 0.30% | −0.08 |
| NWG Natwest Group PLC -Spon ADR | Reduce -11.4% | 0.29% | −0.08 |
| GOOG Alphabet Inc. Class C | Reduce -1.2% | 1.13% | −0.08 |
| WFC Wells Fargo & Co. | Reduce -4.9% | 0.41% | −0.08 |
| SHOP Shopify Inc. Class A | Reduce -10.2% | 0.16% | −0.07 |
| BCS Barclays PLC-Spons ADR | Reduce -5.7% | 0.31% | −0.07 |
| INTC Intel Corp. | Reduce -47.7% | 0.12% | −0.07 |
| GM General Motors Co. | Reduce -18.4% | 0.23% | −0.07 |
| SYF Synchrony Financial | Reduce -14.0% | 0.17% | −0.06 |
| INTU Intuit Inc. | Reduce -9.8% | 0.10% | −0.06 |
| JD Jd.com Inc.-ADR | Reduce -49.5% | 0.07% | −0.06 |
| CRH CRH PLC | Reduce -6.8% | 0.26% | −0.06 |
| SAN Banco Santander SA-Spon ADR | Reduce -12.7% | 0.37% | −0.06 |
| EMR Emerson Electric Co. | Reduce -32.1% | 0.12% | −0.05 |
| NKE Nike Inc. Class B | Reduce -31.1% | 0.07% | −0.05 |
| PINS Pinterest Inc. Class A | Reduce -54.0% | 0.03% | −0.05 |
| CADE Cadence Bank | Sold out | 0.00% | −0.05 |
| CAT Caterpillar Inc. | Reduce -37.1% | 0.20% | −0.05 |
| MKC McCormick & Co.-Non VTG SHRS | Reduce -81.9% | 0.01% | −0.05 |
| ABT Abbott Laboratories | Reduce -5.5% | 0.19% | −0.05 |
| SBUX Starbucks Corp. | Reduce -46.9% | 0.06% | −0.04 |
| CIEN Ciena Corp. | Reduce -74.8% | 0.03% | −0.04 |
| FTAI Ftai Aviation Ltd. | Reduce -58.0% | 0.05% | −0.04 |
| PH Parker Hannifin Corp. | Reduce -11.7% | 0.52% | −0.04 |
Portfolio Buys Q4 2025 → Q1 2026
| MU Micron Technology Inc. | Add +68.7% | 0.60% | +0.31 |
| MPC Marathon Petroleum Corp. | Add +570.7% | 0.32% | +0.29 |
| HCA HCA Healthcare Inc. | Add +69.8% | 0.55% | +0.24 |
| BALL Ball Corp. | Add +2029.6% | 0.23% | +0.22 |
| NEM Newmont Corp. | Add +267.5% | 0.28% | +0.21 |
| SYY Sysco Corp. | Add +923.5% | 0.22% | +0.20 |
| DECK Deckers Outdoor Corp. | Add +1976.1% | 0.19% | +0.18 |
| NXPI NXP Semiconductors NV | Add +76.0% | 0.46% | +0.18 |
| CVS CVS Health Corp. | Add +327.0% | 0.23% | +0.18 |
| TSCO Tractor Supply Company | Add +1202.6% | 0.19% | +0.18 |
| IVZ Invesco Ltd. | Add +2633.1% | 0.18% | +0.17 |
| TGT Target Corp. | Add +488.4% | 0.20% | +0.17 |
| FTI Technipfmc PLC | Add +7.3% | 0.37% | +0.16 |
| SNX TD Synnex Corp. | Add +437.2% | 0.17% | +0.14 |
| SHEL Shell PLC-ADR | Add +8.2% | 0.48% | +0.14 |
| CLX Clorox Company | Add +1739.8% | 0.14% | +0.13 |
| CB Chubb Ltd. | Add +16.1% | 0.66% | +0.13 |
| VZ Verizon Communications Inc. | Add +31.7% | 0.33% | +0.13 |
| AKAM Akamai Technologies Inc. | Add +14.0% | 0.31% | +0.11 |
| DVA Davita Inc. | Add +20.2% | 0.27% | +0.11 |
| OKE Oneok Inc. | Add +20.4% | 0.28% | +0.10 |
| YUMC Yum China Holdings Inc. | Add +42.4% | 0.28% | +0.10 |
| CCK Crown Holdings Inc. | Add +57.8% | 0.24% | +0.09 |
| PM Philip Morris International | Add +18.6% | 0.43% | +0.09 |
| VEOEY Veolia Environnement-ADR | Add +35.4% | 0.23% | +0.08 |
| MCHP Microchip Technology Inc. | Add +361.6% | 0.10% | +0.08 |
| APH Amphenol Corp. Class A | Add +85.7% | 0.17% | +0.08 |
| SNN Smith & Nephew PLC -Spon ADR | Add +51.0% | 0.22% | +0.08 |
| WLK Westlake Corp. | Add +7.8% | 0.16% | +0.07 |
| ETN Eaton Corp. PLC | Add +21.9% | 0.23% | +0.07 |
| LHX L3HARRIS Technologies Inc. | Add +146.5% | 0.10% | +0.07 |
| MRK Merck & Co. Inc. | Add +8.7% | 0.28% | +0.06 |
| PNFP Pinnacle Financial Partners | New | 0.06% | +0.06 |
| VRT Vertiv Holdings Co. Class A | New | 0.06% | +0.06 |
| NRG NRG Energy Inc. | Add +26.7% | 0.34% | +0.06 |
| ISRG Intuitive Surgical Inc. | Add +72.6% | 0.17% | +0.05 |
| TRGP Targa Resources Corp. | Add +133.7% | 0.08% | +0.05 |
| CASY Casey's General Stores Inc. | Add +52.0% | 0.10% | +0.05 |
| EOG EOG Resources Inc. | Add +66.9% | 0.08% | +0.05 |
| GOOGL Alphabet Inc. Class A | Add +6.9% | 2.75% | +0.05 |
| BNY Bank of New York Mellon Corp. | Add +10.8% | 0.31% | +0.05 |
| CSCO Cisco Systems Inc. | Add +4.3% | 0.54% | +0.04 |
| VOD Vodafone Group PLC-SP ADR | New | 0.04% | +0.04 |
| PSX Phillips 66 | Add +60.9% | 0.07% | +0.04 |
| MDT Medtronic PLC | Add +17.6% | 0.47% | +0.04 |
| UTHR United Therapeutics Corp. | Add +8.9% | 0.15% | +0.04 |
| DKS Dick's Sporting Goods Inc. | Add +14.7% | 0.26% | +0.04 |
| CMI Cummins Inc. | Add +0.8% | 0.43% | +0.04 |
| HBM Hudbay Minerals Inc. | New | 0.04% | +0.04 |
| KGC Kinross Gold Corp. | New | 0.04% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,678 | $14.7B | NVDA, AAPL, GOOGL, MSFT, AMZN |
| Q1 2026 | 1,674 | $12.9B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q4 2025 | 1,679 | $13.3B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q3 2025 | 1,674 | $13.2B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q2 2025 | 1,668 | $12.3B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 1,671 | $11.1B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 1,670 | $11.4B | NVDA, MSFT, AAPL, AMZN, GOOGL |
| Q3 2024 | 1,673 | $11.5B | MSFT, NVDA, AAPL, AMZN, META |
| Q2 2024 | 1,679 | $11.1B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2024 | 1,682 | $11.2B | MSFT, NVDA, AMZN, AAPL, META |