Utah Retirement Systems
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Utah Retirement Systems reported 972 stock positions worth $8.6 billion. Its top holding was Microsoft (MSFT) at 6.4% of the portfolio, followed by Apple (AAPL, 5.1%) and Nvidia (NVDA, 4.4%). Compared with Q4 2023, it opened 8 new positions, sold out of 22, added to 110 and reduced 400. The biggest buy was Nvidia (NVDA, shares +0%) and the biggest sale Apple (AAPL, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- SALT LAKE CITY, UT
- CIK
- 0001548392
- Portfolio Value
- $8.6B (Q1 2024)
- SEC Filing
- 0001085146-24-002649 ↗ filed May 15, 2024
Holdings Value
Holdings 972 stocks · $8.6B
| MSFT Microsoft Corp. | 6.36% | 1,292,034 | $543.6M | Add +0.1% |
| AAPL Apple Inc. | 5.08% | 2,531,939 | $434.2M | Reduce -1.1% |
| NVDA Nvidia Corp. | 4.36% | 412,524 | $372.7M | Add +0.1% |
| AMZN Amazon.com Inc. | 3.30% | 1,564,165 | $282.1M | Add +0.1% |
| META Meta Platforms Inc. Class A | 2.18% | 384,055 | $186.5M | Add +0.1% |
| GOOGL Alphabet Inc. Class A | 1.82% | 1,029,920 | $155.4M | Add +0.1% |
| GOOG Alphabet Inc. Class C | 1.55% | 873,000 | $132.9M | Reduce -0.1% |
| LLY Eli Lilly & Co. | 1.34% | 146,929 | $114.3M | Add +0.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.25% | 253,527 | $106.6M | Add +0.1% |
| JPM JPMorgan Chase & Co. | 1.17% | 501,069 | $100.4M | Add +0.0% |
| AVGO Broadcom Inc. | 1.16% | 74,850 | $99.2M | Add +0.1% |
| TSLA Tesla Inc. | 0.98% | 478,992 | $84.2M | Add +0.0% |
| XOM Exxon Mobil Corp. | 0.94% | 694,272 | $80.7M | Reduce -1.1% |
| UNH Unitedhealth Group Inc. | 0.93% | 161,368 | $79.8M | Add +0.0% |
| V Visa Inc. Class A | 0.90% | 276,881 | $77.3M | Add +0.0% |
| MA Mastercard Inc. Class A | 0.81% | 144,085 | $69.4M | Reduce -0.0% |
| HD Home Depot Inc. | 0.78% | 173,623 | $66.6M | Add +0.1% |
| PG The Procter & Gamble Co. | 0.78% | 408,699 | $66.3M | Add +0.1% |
| JNJ Johnson & Johnson | 0.77% | 418,411 | $66.2M | Add +0.1% |
| MRK Merck & Co. Inc. | 0.68% | 440,910 | $58.2M | Add +0.0% |
| COST Costco Wholesale Corp. | 0.66% | 76,945 | $56.4M | Add +0.0% |
| ABBV Abbvie Inc. | 0.65% | 306,326 | $55.8M | Add +0.0% |
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | 0.63% | 693,563 | $53.9M | No change |
| AMD Advanced Micro Devices | 0.59% | 278,244 | $50.2M | Add +0.1% |
| CRM Salesforce Inc. | 0.57% | 162,432 | $48.9M | Reduce -1.1% |
| CVX Chevron Corp. | 0.55% | 298,727 | $47.1M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.53% | 1,196,289 | $45.4M | Add +0.1% |
| NFLX Netflix Inc. | 0.53% | 74,054 | $45.0M | Reduce -1.1% |
| WMT Walmart Inc. | 0.52% | 743,261 | $44.7M | No change |
| AVB Avalonbay Communities Inc. | 0.49% | 227,696 | $42.3M | No change |
| PEP Pepsico Inc. | 0.49% | 239,164 | $41.9M | Add +0.1% |
| KO The Coca-Cola Co. | 0.48% | 676,106 | $41.4M | Add +0.0% |
| ADBE Adobe Inc. | 0.46% | 78,359 | $39.5M | Reduce -1.4% |
| LIN Linde PLC | 0.46% | 84,093 | $39.0M | No change |
| TMO Thermo Fisher Scientific Inc. | 0.46% | 66,993 | $38.9M | Add +0.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.45% | 317,395 | $38.8M | Add +0.0% |
| ACN Accenture PLC Class A | 0.44% | 109,578 | $38.0M | Reduce -0.1% |
| WFC Wells Fargo & Co. | 0.42% | 625,145 | $36.2M | Reduce -1.8% |
| MCD McDonald's Corp. | 0.42% | 126,612 | $35.7M | Add +0.1% |
| CSCO Cisco Systems Inc. | 0.41% | 703,963 | $35.1M | Add +0.1% |
| ABT Abbott Laboratories | 0.40% | 300,146 | $34.1M | Reduce -0.1% |
| GRNT Granite Ridge Resources Inc. | 0.40% | 5,243,683 | $34.1M | No change |
| ORCL Oracle Corp. | 0.39% | 267,541 | $33.6M | Reduce -0.1% |
| GE General Electric | 0.39% | 187,999 | $33.0M | Reduce -0.1% |
| QCOM Qualcomm Inc. | 0.38% | 193,457 | $32.8M | Reduce -0.1% |
| CAT Caterpillar Inc. | 0.38% | 88,465 | $32.4M | Reduce -0.1% |
| INTC Intel Corp. | 0.38% | 731,698 | $32.3M | Reduce -0.1% |
| INTU Intuit Inc. | 0.36% | 47,396 | $30.8M | Reduce -0.1% |
| VZ Verizon Communications Inc. | 0.36% | 729,748 | $30.6M | Reduce -0.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.35% | 157,705 | $30.1M | Add +0.1% |
| AMAT Applied Materials Inc. | 0.35% | 144,907 | $29.9M | Reduce -0.1% |
| CMCSA Comcast Corp. Class A | 0.35% | 683,833 | $29.6M | Reduce -1.3% |
| DHR Danaher Corp. | 0.33% | 114,121 | $28.5M | Reduce -0.0% |
| TXN Texas Instruments Inc. | 0.32% | 157,424 | $27.4M | Reduce -0.1% |
| UDR Udr Inc. | 0.32% | 726,717 | $27.2M | Reduce -0.0% |
| PFE Pfizer Inc. | 0.32% | 979,668 | $27.2M | Reduce -0.1% |
| NOW ServiceNow Inc. | 0.31% | 35,325 | $26.9M | Reduce -0.1% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.31% | 42 | $26.6M | No change |
| COP Conocophillips | 0.31% | 207,650 | $26.4M | Reduce -0.1% |
| AMGN Amgen Inc. | 0.31% | 92,661 | $26.3M | No change |
| UBER Uber Technologies Inc. | 0.31% | 341,246 | $26.3M | Reduce -0.1% |
| UNP Union Pacific Corp. | 0.30% | 105,673 | $26.0M | Reduce -0.0% |
| LOW Lowe's Cos Inc. | 0.30% | 100,255 | $25.5M | Add +0.1% |
| PM Philip Morris International | 0.29% | 269,375 | $24.7M | Add +0.1% |
| RTX RTX Corp. | 0.28% | 249,262 | $24.3M | Reduce -0.1% |
| ISRG Intuitive Surgical Inc. | 0.28% | 60,570 | $24.2M | Reduce -0.1% |
| HON Honeywell International Inc. | 0.28% | 115,596 | $23.7M | Add +0.2% |
| SPGI S&P Global Inc. | 0.27% | 54,982 | $23.4M | Reduce -1.2% |
| AXP American Express Co. | 0.27% | 100,622 | $22.9M | No change |
| GS Goldman Sachs Group Inc. | 0.27% | 54,828 | $22.9M | Reduce -0.9% |
| NEE Nextera Energy Inc. | 0.27% | 356,262 | $22.8M | Add +1.5% |
| MU Micron Technology Inc. | 0.26% | 189,511 | $22.3M | Reduce -0.1% |
| LRCX Lam Research Corp. | 0.26% | 22,848 | $22.2M | Reduce -0.1% |
| SYK Stryker Corp. | 0.26% | 61,633 | $22.1M | Reduce -0.1% |
| BKNG Booking Holdings Inc. | 0.26% | 6,054 | $22.0M | Reduce -2.2% |
| T AT&T Inc. | 0.26% | 1,241,284 | $21.8M | Reduce -0.1% |
| ETN Eaton Corp. PLC | 0.25% | 69,118 | $21.6M | No change |
| BLK BlackRock Finance Inc. | 0.25% | 25,807 | $21.5M | Reduce -0.1% |
| ELV Elevance Health Inc. | 0.25% | 41,188 | $21.4M | Add +0.2% |
| C Citigroup Inc. | 0.25% | 331,565 | $21.0M | Reduce -0.1% |
| PGR Progressive Corp. | 0.24% | 101,289 | $20.9M | Reduce -0.1% |
| PLD Prologis Inc. | 0.24% | 159,844 | $20.8M | Reduce -0.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.23% | 197,846 | $20.1M | Reduce -0.9% |
| MDT Medtronic PLC | 0.23% | 230,160 | $20.1M | Reduce -0.1% |
| INVH Invitation Homes Inc. | 0.23% | 540,840 | $19.3M | No change |
| NKE Nike Inc. Class B | 0.22% | 203,907 | $19.2M | Reduce -1.2% |
| BMY Bristol-Myers Squibb Co. | 0.22% | 353,030 | $19.1M | Reduce -0.1% |
| MS Morgan Stanley | 0.22% | 202,968 | $19.1M | Reduce -2.7% |
| BA The Boeing Co. | 0.22% | 98,239 | $19.0M | Add +1.6% |
| VRTX Vertex Pharmaceuticals Inc. | 0.22% | 44,680 | $18.7M | Reduce -0.1% |
| UPS United Parcel Service Class B | 0.22% | 125,518 | $18.7M | Reduce -0.1% |
| SCHW Schwab (charles) Corp. | 0.22% | 256,970 | $18.6M | Reduce -0.1% |
| DE Deere & Co. | 0.21% | 44,684 | $18.4M | Reduce -3.0% |
| CB Chubb Ltd. | 0.21% | 70,379 | $18.2M | No change |
| CI The Cigna Group | 0.21% | 49,928 | $18.1M | Reduce -1.6% |
| ADP Automatic Data Processing | 0.21% | 71,710 | $17.9M | Reduce -0.1% |
| CVS CVS Health Corp. | 0.21% | 222,029 | $17.7M | Reduce -0.1% |
| MRSH Marsh & McLennan Cos | 0.21% | 85,821 | $17.7M | No change |
| SBUX Starbucks Corp. | 0.21% | 192,904 | $17.6M | Reduce -1.4% |
| BSX Boston Scientific Corp. | 0.20% | 253,590 | $17.4M | Reduce -0.0% |
Portfolio Sells Q4 2023 → Q1 2024
| AAPL Apple Inc. | Reduce -1.1% | 5.08% | −1.20 |
| ADBE Adobe Inc. | Reduce -1.4% | 0.46% | −0.14 |
| PSA Public Storage | Reduce -51.2% | 0.09% | −0.12 |
| INTC Intel Corp. | Reduce -0.1% | 0.38% | −0.09 |
| SPG Simon Property Group Inc. | Reduce -43.5% | 0.10% | −0.08 |
| NKE Nike Inc. Class B | Reduce -1.2% | 0.22% | −0.06 |
| SPLK Splunk Inc. | Sold out | 0.00% | −0.05 |
| NSA National Storage Affiliates | Reduce -24.3% | 0.09% | −0.05 |
| ACN Accenture PLC Class A | Reduce -0.1% | 0.44% | −0.05 |
| PFE Pfizer Inc. | Reduce -0.1% | 0.32% | −0.04 |
| HUM Humana Inc. | Reduce -2.1% | 0.09% | −0.04 |
| CMCSA Comcast Corp. Class A | Reduce -1.3% | 0.35% | −0.04 |
| SPGI S&P Global Inc. | Reduce -1.2% | 0.27% | −0.04 |
| GILD Gilead Sciences Inc. | Reduce -0.1% | 0.19% | −0.04 |
| LULU Lululemon Athletica Inc. | Reduce -0.1% | 0.09% | −0.04 |
| UDR Udr Inc. | Reduce -0.0% | 0.32% | −0.04 |
| UPS United Parcel Service Class B | Reduce -0.1% | 0.22% | −0.03 |
| SBUX Starbucks Corp. | Reduce -1.4% | 0.21% | −0.03 |
| TD Toronto-Dominion Bank | Reduce -2.1% | 0.15% | −0.03 |
| PLD Prologis Inc. | Reduce -0.1% | 0.24% | −0.03 |
| UNP Union Pacific Corp. | Reduce -0.0% | 0.30% | −0.03 |
| MDLZ Mondelez International Inc. Class A | Reduce -0.1% | 0.19% | −0.02 |
| MS Morgan Stanley | Reduce -2.7% | 0.22% | −0.02 |
| TMUS T-Mobile US Inc. | Reduce -6.6% | 0.16% | −0.02 |
| BKNG Booking Holdings Inc. | Reduce -2.2% | 0.26% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -2.5% | 0.20% | −0.02 |
| ABT Abbott Laboratories | Reduce -0.1% | 0.40% | −0.02 |
| SNOW Snowflake Inc. | Reduce -0.3% | 0.06% | −0.02 |
| MNDY Monday.com Ltd. | Sold out | 0.00% | −0.02 |
| TXN Texas Instruments Inc. | Reduce -0.1% | 0.32% | −0.02 |
| ROIC Retail Opportunity Investmen | Sold out | 0.00% | −0.02 |
| DE Deere & Co. | Reduce -3.0% | 0.21% | −0.02 |
| GTM Zoominfo Technologies Inc. | Reduce -15.3% | 0.04% | −0.02 |
| CCI Crown Castle Inc. | Reduce -0.1% | 0.09% | −0.02 |
| INTU Intuit Inc. | Reduce -0.1% | 0.36% | −0.02 |
| ADM Archer-Daniels-Midland Co. | Reduce -0.1% | 0.07% | −0.02 |
| BX Blackstone Inc. | Reduce -0.1% | 0.19% | −0.02 |
| CVS CVS Health Corp. | Reduce -0.1% | 0.21% | −0.02 |
| WBD Warner Bros Discovery Inc. | Reduce -0.2% | 0.04% | −0.02 |
| BLK BlackRock Finance Inc. | Reduce -0.1% | 0.25% | −0.02 |
| ON On Semiconductor | Reduce -0.1% | 0.06% | −0.02 |
| XEL Xcel Energy Inc. | Reduce -0.1% | 0.06% | −0.02 |
| MMM 3M Co. | Reduce -0.1% | 0.12% | −0.01 |
| FLG New York Community Bancorp | Reduce -67.9% | 0.00% | −0.01 |
| DUK Duke Energy Corp. | Reduce -0.1% | 0.15% | −0.01 |
| GOOG Alphabet Inc. Class C | Reduce -0.1% | 1.55% | −0.01 |
| FR First Industrial Realty TR | Reduce -73.2% | 0.00% | −0.01 |
| SRC Spirit Realty Capital Inc. | Sold out | 0.00% | −0.01 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -0.1% | 0.22% | −0.01 |
| TRNO Terreno Realty Corp. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| NVDA Nvidia Corp. | Add +0.1% | 4.36% | +1.76 |
| META Meta Platforms Inc. Class A | Add +0.1% | 2.18% | +0.45 |
| AMZN Amazon.com Inc. | Add +0.1% | 3.30% | +0.27 |
| LLY Eli Lilly & Co. | Add +0.1% | 1.34% | +0.25 |
| MSFT Microsoft Corp. | Add +0.1% | 6.36% | +0.17 |
| AVGO Broadcom Inc. | Add +0.1% | 1.16% | +0.10 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.1% | 1.25% | +0.10 |
| DIS The Walt Disney Co. | Add +0.0% | 0.45% | +0.09 |
| JPM JPMorgan Chase & Co. | Add +0.0% | 1.17% | +0.09 |
| MRK Merck & Co. Inc. | Add +0.0% | 0.68% | +0.07 |
| AMD Advanced Micro Devices | Add +0.1% | 0.59% | +0.07 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +42.3% | 0.14% | +0.05 |
| ABBV Abbvie Inc. | Add +0.0% | 0.65% | +0.05 |
| ABNB Airbnb Inc. Class A | Add +27.7% | 0.11% | +0.03 |
| PLTR Palantir Technologies Inc. Class A | Add +23.5% | 0.09% | +0.03 |
| VRT Vertiv Holdings Co. Class A | Add +105.3% | 0.04% | +0.03 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +71.7% | 0.04% | +0.02 |
| IBM Intl Business Machines Corp. | Add +0.1% | 0.35% | +0.02 |
| CMG Chipotle Mexican Grill Inc. | Add +0.3% | 0.16% | +0.02 |
| SAIA Saia Inc. | Add +214.5% | 0.03% | +0.02 |
| NTNX Nutanix Inc. Class A | Add +214.2% | 0.03% | +0.02 |
| DASH DoorDash Inc. Class A | Add +1.5% | 0.09% | +0.02 |
| PCAR Paccar Inc. | Add +0.5% | 0.13% | +0.02 |
| BAC Bank of America Corp. | Add +0.1% | 0.53% | +0.02 |
| CNH CNH Industrial NV | Add +210.9% | 0.03% | +0.02 |
| SMCI Super Micro Computer Inc. | New | 0.02% | +0.02 |
| LOW Lowe's Cos Inc. | Add +0.1% | 0.30% | +0.01 |
| URI United Rentals Inc. | Add +0.9% | 0.10% | +0.01 |
| PG The Procter & Gamble Co. | Add +0.1% | 0.78% | +0.01 |
| HD Home Depot Inc. | Add +0.1% | 0.78% | +0.01 |
| COST Costco Wholesale Corp. | Add +0.0% | 0.66% | +0.01 |
| COR Cencora Inc. | Add +4.3% | 0.08% | +0.01 |
| HOOD Robinhood Markets Inc. Class A | Add +3.5% | 0.03% | +0.01 |
| GEHC GE Healthcare Technology | Add +4.5% | 0.08% | +0.01 |
| P Everpure Inc. Class A | Add +2.3% | 0.03% | +0.01 |
| ECL Ecolab Inc. | Add +0.5% | 0.12% | +0.01 |
| DELL Dell Technologies -C | New | 0.01% | +0.01 |
| NET Cloudflare Inc. Class A | Add +1.2% | 0.06% | +0.00 |
| SNPS Synopsys Inc. | Add +0.3% | 0.18% | +0.00 |
| AJG Arthur J Gallagher & Co. | Add +1.1% | 0.11% | +0.00 |
| DB Deutsche Bank AG-Registered | Add +2.4% | 0.04% | +0.00 |
| RNR Renaissancere Holdings Ltd. | Add +3.5% | 0.02% | +0.00 |
| ELV Elevance Health Inc. | Add +0.2% | 0.25% | +0.00 |
| TMO Thermo Fisher Scientific Inc. | Add +0.1% | 0.46% | +0.00 |
| ARMK Aramark | Add +11.3% | 0.02% | +0.00 |
| SPR Spirit Aerosystems Hold Class A | New | 0.00% | +0.00 |
| CNM Core & Main Inc. Class A | Add +29.7% | 0.01% | +0.00 |
| VAC Marriott Vacations World | New | 0.00% | +0.00 |
| NEU Newmarket Corp. | New | 0.00% | +0.00 |
| CHH Choice Hotels Intl Inc. | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,027 | $10.5B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 974 | $9.8B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 983 | $10.5B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 987 | $10.3B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025 | 992 | $9.6B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 960 | $8.7B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024 | 977 | $9.1B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024 | 986 | $8.9B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 973 | $8.4B | MSFT, AAPL, NVDA, AMZN, META |
| Q1 2024 | 972 | $8.6B | MSFT, AAPL, NVDA, AMZN, META |