Utah Retirement Systems
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Utah Retirement Systems reported 986 stock positions worth $8.9 billion. Its top holding was Apple (AAPL) at 6.3% of the portfolio, followed by Microsoft (MSFT, 6.0%) and Nvidia (NVDA, 5.3%). Compared with Q2 2024, it opened 22 new positions, sold out of 10, added to 443 and reduced 105. The biggest buy was Apple (AAPL, shares +0%) and the biggest sale an exit from Ishr Ibx Usd Hiyld CB ETF-Ui (HYG).
- Most Recent 13F
- Q2 2026
- Location
- SALT LAKE CITY, UT
- CIK
- 0001548392
- Portfolio Value
- $8.9B (Q3 2024)
- SEC Filing
- 0001085146-24-005733 ↗ filed Nov 14, 2024
Holdings Value
Holdings 986 stocks · $8.9B
| AAPL Apple Inc. | 6.33% | 2,406,239 | $560.7M | Add +0.5% |
| MSFT Microsoft Corp. | 5.98% | 1,231,075 | $529.7M | Add +0.5% |
| NVDA Nvidia Corp. | 5.31% | 3,873,680 | $470.4M | Reduce -1.2% |
| AMZN Amazon.com Inc. | 3.23% | 1,537,765 | $286.5M | Add +0.5% |
| META Meta Platforms Inc. Class A | 2.34% | 362,698 | $207.6M | Add +0.4% |
| GOOGL Alphabet Inc. Class A | 1.82% | 972,920 | $161.4M | Add +0.4% |
| GOOG Alphabet Inc. Class C | 1.54% | 815,200 | $136.3M | Add +0.4% |
| AVGO Broadcom Inc. | 1.46% | 752,600 | $129.8M | Add +0.5% |
| TSLA Tesla Inc. | 1.36% | 459,992 | $120.3M | Add +0.4% |
| LLY Eli Lilly & Co. | 1.32% | 132,435 | $117.3M | Reduce -5.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.27% | 243,884 | $112.3M | Add +0.5% |
| JPM JPMorgan Chase & Co. | 1.13% | 474,369 | $100.0M | Add +0.4% |
| UNH Unitedhealth Group Inc. | 1.00% | 152,193 | $89.0M | Add +0.4% |
| XOM Exxon Mobil Corp. | 0.98% | 742,861 | $87.1M | Add +0.5% |
| V Visa Inc. Class A | 0.81% | 260,833 | $71.7M | Add +0.5% |
| PG The Procter & Gamble Co. | 0.76% | 390,499 | $67.6M | Add +0.4% |
| MA Mastercard Inc. Class A | 0.76% | 136,788 | $67.5M | Add +0.4% |
| HD Home Depot Inc. | 0.75% | 164,168 | $66.5M | Add +0.4% |
| COST Costco Wholesale Corp. | 0.73% | 73,379 | $65.1M | Add +0.5% |
| JNJ Johnson & Johnson | 0.73% | 399,311 | $64.7M | Add +0.5% |
| WMT Walmart Inc. | 0.65% | 718,361 | $58.0M | Add +0.4% |
| ABBV Abbvie Inc. | 0.65% | 293,226 | $57.9M | Add +0.5% |
| AVB Avalonbay Communities Inc. | 0.58% | 226,696 | $51.1M | Add +0.0% |
| NFLX Netflix Inc. | 0.57% | 70,803 | $50.2M | Add +0.4% |
| MRK Merck & Co. Inc. | 0.54% | 419,710 | $47.7M | Add +0.5% |
| KO The Coca-Cola Co. | 0.52% | 642,606 | $46.2M | Add +0.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.50% | 1,123,289 | $44.6M | Add +0.4% |
| ORCL Oracle Corp. | 0.50% | 259,941 | $44.3M | Add +0.4% |
| AMD Advanced Micro Devices | 0.49% | 266,444 | $43.7M | Add +0.5% |
| CRM Salesforce Inc. | 0.48% | 155,132 | $42.5M | Add +0.5% |
| CVX Chevron Corp. | 0.47% | 285,127 | $42.0M | Add +0.4% |
| TMO Thermo Fisher Scientific Inc. | 0.44% | 63,242 | $39.1M | Add +0.5% |
| PEP Pepsico Inc. | 0.44% | 227,564 | $38.7M | Add +0.4% |
| ADBE Adobe Inc. | 0.43% | 73,380 | $38.0M | Reduce -0.6% |
| LIN Linde PLC | 0.43% | 79,549 | $37.9M | Add +0.5% |
| ACN Accenture PLC Class A | 0.41% | 103,878 | $36.7M | Add +0.5% |
| MCD McDonald's Corp. | 0.41% | 119,212 | $36.3M | Add +0.4% |
| CSCO Cisco Systems Inc. | 0.40% | 671,063 | $35.7M | Add +0.4% |
| GE General Electric filed as GE AEROSPACE | 0.38% | 179,999 | $33.9M | Add +0.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.38% | 151,805 | $33.6M | Add +0.5% |
| UDR Udr Inc. | 0.37% | 724,117 | $32.8M | No change |
| WFC Wells Fargo & Co. | 0.37% | 579,945 | $32.8M | Add +0.5% |
| ABT Abbott Laboratories | 0.37% | 286,346 | $32.6M | Add +0.5% |
| CAT Caterpillar Inc. | 0.36% | 80,965 | $31.7M | Add +0.5% |
| QCOM Qualcomm Inc. | 0.35% | 184,757 | $31.4M | Add +0.4% |
| VZ Verizon Communications Inc. | 0.35% | 697,548 | $31.3M | Add +0.5% |
| PM Philip Morris International | 0.35% | 257,275 | $31.2M | Add +0.4% |
| GRNT Granite Ridge Resources Inc. | 0.35% | 5,243,683 | $31.1M | No change |
| TXN Texas Instruments Inc. | 0.35% | 150,524 | $31.1M | Add +0.3% |
| NOW ServiceNow Inc. | 0.34% | 33,980 | $30.4M | Add +0.4% |
| DHR Danaher Corp. | 0.34% | 106,821 | $29.7M | Reduce -2.1% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.33% | 303,795 | $29.2M | Add +0.4% |
| NEE Nextera Energy Inc. | 0.32% | 340,362 | $28.8M | Add +0.5% |
| ISRG Intuitive Surgical Inc. | 0.32% | 58,506 | $28.7M | Add +0.6% |
| AMGN Amgen Inc. | 0.32% | 88,761 | $28.6M | Add +0.5% |
| INTU Intuit Inc. | 0.32% | 45,235 | $28.1M | Add +0.6% |
| AMAT Applied Materials Inc. | 0.31% | 137,657 | $27.8M | Add +0.4% |
| PFE Pfizer Inc. | 0.31% | 937,768 | $27.1M | Add +0.4% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.30% | 39 | $27.0M | No change |
| SPGI S&P Global Inc. | 0.30% | 51,750 | $26.7M | Add +0.3% |
| RTX RTX Corp. | 0.30% | 220,062 | $26.7M | Add +0.5% |
| CMCSA Comcast Corp. Class A | 0.30% | 635,633 | $26.6M | Reduce -0.9% |
| T AT&T Inc. | 0.29% | 1,188,484 | $26.1M | No change |
| GS Goldman Sachs Group Inc. | 0.29% | 52,173 | $25.8M | Add +0.4% |
| LOW Lowe's Cos Inc. | 0.29% | 94,755 | $25.7M | Add +0.5% |
| AXP American Express Co. | 0.28% | 92,922 | $25.2M | Reduce -0.6% |
| UBER Uber Technologies Inc. | 0.28% | 332,546 | $25.0M | Add +0.5% |
| UNP Union Pacific Corp. | 0.28% | 100,973 | $24.9M | Add +0.5% |
| PGR Progressive Corp. | 0.28% | 96,689 | $24.5M | Add +0.4% |
| BKNG Booking Holdings Inc. | 0.27% | 5,636 | $23.7M | Add +0.4% |
| BLK BlackRock Finance Inc. | 0.26% | 24,406 | $23.2M | Add +0.3% |
| HON Honeywell International Inc. | 0.25% | 107,696 | $22.3M | Add +0.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.25% | 187,446 | $22.0M | Add +0.4% |
| ETN Eaton Corp. PLC | 0.25% | 66,073 | $21.9M | Add +0.4% |
| SYK Stryker Corp. | 0.24% | 59,876 | $21.6M | Add +0.3% |
| LMT Lockheed Martin Corp. | 0.23% | 35,307 | $20.6M | Add +0.4% |
| COP Conocophillips | 0.23% | 193,750 | $20.4M | Add +0.4% |
| BSX Boston Scientific Corp. | 0.23% | 242,990 | $20.4M | Add +0.4% |
| MS Morgan Stanley | 0.23% | 191,968 | $20.0M | Add +0.4% |
| ELV Elevance Health Inc. | 0.23% | 38,450 | $20.0M | Add +0.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.22% | 42,803 | $19.9M | Add +0.4% |
| C Citigroup Inc. | 0.22% | 317,065 | $19.8M | Add +0.4% |
| RY Royal Bank of Canada | 0.22% | 157,891 | $19.7M | Add +0.1% |
| PLD Prologis Inc. | 0.22% | 152,744 | $19.3M | Add +0.3% |
| CB Chubb Ltd. | 0.22% | 66,879 | $19.3M | Add +0.3% |
| MDT Medtronic PLC | 0.22% | 212,460 | $19.1M | Reduce -3.0% |
| INVH Invitation Homes Inc. | 0.21% | 536,340 | $18.9M | Add +0.1% |
| MU Micron Technology Inc. | 0.21% | 182,311 | $18.9M | Add +0.4% |
| ADI Analog Devices Inc. | 0.21% | 81,960 | $18.9M | Add +0.4% |
| ADP Automatic Data Processing | 0.21% | 68,010 | $18.8M | Add +0.4% |
| SBUX Starbucks Corp. | 0.21% | 187,404 | $18.3M | Add +0.4% |
| MRSH Marsh & McLennan Cos | 0.21% | 81,521 | $18.2M | Add +0.4% |
| REGN Regeneron Pharmaceuticals | 0.21% | 17,292 | $18.2M | Add +0.4% |
| AMT American Tower Corp. | 0.20% | 77,344 | $18.0M | Add +0.5% |
| BX Blackstone Inc. | 0.20% | 116,800 | $17.9M | Reduce -0.6% |
| LRCX Lam Research Corp. | 0.20% | 21,587 | $17.6M | Add +0.5% |
| NKE Nike Inc. Class B | 0.20% | 198,907 | $17.6M | Add +0.3% |
| DE Deere & Co. | 0.20% | 41,735 | $17.4M | Reduce -0.5% |
| PANW Palo Alto Networks Inc. | 0.20% | 50,955 | $17.4M | Add +0.3% |
| BMY Bristol-Myers Squibb Co. | 0.20% | 335,530 | $17.4M | Add +0.4% |
Portfolio Sells Q2 2024 → Q3 2024
| HYG Ishr Ibx Usd Hiyld CB ETF-Ui | Sold out | 0.00% | −0.64 |
| NVDA Nvidia Corp. | Reduce -1.2% | 5.31% | −0.44 |
| LLY Eli Lilly & Co. | Reduce -5.5% | 1.32% | −0.18 |
| NSA National Storage Affiliates | Sold out | 0.00% | −0.10 |
| ADBE Adobe Inc. | Reduce -0.6% | 0.43% | −0.06 |
| MCK McKesson Corp. | Reduce -0.9% | 0.12% | −0.03 |
| WRK Westrock Co. | Sold out | 0.00% | −0.03 |
| SUI Sun Communities Inc. | Reduce -47.9% | 0.03% | −0.02 |
| VLO Valero Energy Corp. | Reduce -1.7% | 0.08% | −0.02 |
| CNQ Canadian Natural Resources | Reduce -6.8% | 0.09% | −0.02 |
| SITC Site Centers Corp. | Sold out | 0.00% | −0.02 |
| APH Amphenol Corp. Class A | Reduce -2.5% | 0.14% | −0.02 |
| DLTR Dollar Tree Inc. | Reduce -0.6% | 0.03% | −0.02 |
| PSX Phillips 66 | Reduce -1.0% | 0.10% | −0.01 |
| BRX Brixmor Property Group Inc. | Reduce -54.0% | 0.02% | −0.01 |
| CLF Cleveland-Cliffs Inc. | Reduce -67.5% | 0.00% | −0.01 |
| GM General Motors Co. | Reduce -1.0% | 0.09% | −0.01 |
| AIG American International Group | Reduce -3.1% | 0.09% | −0.01 |
| BEN Franklin Templeton Inc. | Reduce -67.6% | 0.00% | −0.01 |
| FIVE Five Below | Reduce -67.6% | 0.00% | −0.01 |
| AGCO Agco Corp. | Reduce -67.8% | 0.00% | −0.01 |
| PVH PVH Corp. | Reduce -67.9% | 0.00% | −0.01 |
| DAR Darling Ingredients Inc. | Reduce -67.6% | 0.00% | −0.01 |
| GXO Gxo Logistics Inc. | Reduce -67.5% | 0.00% | −0.01 |
| WH Wyndham Hotels & Resorts Inc. | Reduce -67.6% | 0.00% | −0.01 |
| BILL Bill Holdings Inc. | Reduce -67.5% | 0.00% | −0.01 |
| STWD Starwood Property Trust Inc. | Reduce -66.1% | 0.00% | −0.01 |
| MASI Masimo Corp. | Reduce -67.7% | 0.00% | −0.01 |
| WHR Whirlpool Corp. | Reduce -67.0% | 0.00% | −0.01 |
| IVZ Invesco Ltd. | Reduce -67.1% | 0.00% | −0.01 |
| XRAY Dentsply Sirona Inc. | Reduce -67.5% | 0.00% | −0.01 |
| FAF First American Financial | Reduce -67.8% | 0.00% | −0.01 |
| SON Sonoco Products Co. | Reduce -67.9% | 0.00% | −0.01 |
| PATH Uipath Inc. Class A | Reduce -63.4% | 0.00% | −0.01 |
| BIO Bio-Rad Laboratories-A | Reduce -66.9% | 0.00% | −0.01 |
| BC Brunswick Corp. | Reduce -67.0% | 0.00% | −0.01 |
| THO Thor Industries Inc. | Reduce -68.2% | 0.00% | −0.01 |
| OVV Ovintiv Inc. | Reduce -2.0% | 0.02% | −0.01 |
| ADM Archer-Daniels-Midland Co. | Reduce -2.8% | 0.05% | −0.01 |
| VFC VF Corp. | Reduce -67.0% | 0.00% | −0.01 |
| MAR Marriott International Class A | Reduce -1.8% | 0.11% | −0.00 |
| COR Cencora Inc. | Reduce -0.7% | 0.07% | −0.00 |
| MGM MGM Resorts International | Reduce -4.0% | 0.02% | −0.00 |
| MNST Monster Beverage Corp. | Reduce -5.0% | 0.07% | −0.00 |
| MRO Marathon Oil Corp. | Reduce -1.3% | 0.03% | −0.00 |
| U Unity Software Inc. | Reduce -61.6% | 0.00% | −0.00 |
| DINO HF Sinclair Corp. | Reduce -1.9% | 0.01% | −0.00 |
| NCNO Ncino Inc. | Reduce -55.6% | 0.00% | −0.00 |
| DECK Deckers Outdoor Corp. | Reduce -0.8% | 0.04% | −0.00 |
| AMKR Amkor Technology Inc. | Sold out | 0.00% | −0.00 |
Portfolio Buys Q2 2024 → Q3 2024
| AAPL Apple Inc. | Add +0.5% | 6.33% | +0.33 |
| TSLA Tesla Inc. | Add +0.4% | 1.36% | +0.28 |
| META Meta Platforms Inc. Class A | Add +0.4% | 2.34% | +0.18 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.5% | 1.27% | +0.09 |
| UNH Unitedhealth Group Inc. | Add +0.4% | 1.00% | +0.09 |
| HD Home Depot Inc. | Add +0.4% | 0.75% | +0.08 |
| WMT Walmart Inc. | Add +0.4% | 0.65% | +0.08 |
| IWB iShares Russell 1000 ETF | New | 0.07% | +0.07 |
| IBM Intl Business Machines Corp. | Add +0.5% | 0.38% | +0.07 |
| ORCL Oracle Corp. | Add +0.4% | 0.50% | +0.07 |
| ABBV Abbvie Inc. | Add +0.5% | 0.65% | +0.06 |
| KVUE Kenvue Inc. | Add +126.8% | 0.08% | +0.05 |
| MCD McDonald's Corp. | Add +0.4% | 0.41% | +0.05 |
| MA Mastercard Inc. Class A | Add +0.4% | 0.76% | +0.05 |
| GE General Electric | Add +0.3% | 0.38% | +0.04 |
| PM Philip Morris International | Add +0.4% | 0.35% | +0.04 |
| LOW Lowe's Cos Inc. | Add +0.5% | 0.29% | +0.04 |
| ACN Accenture PLC Class A | Add +0.5% | 0.41% | +0.04 |
| JNJ Johnson & Johnson | Add +0.5% | 0.73% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +0.4% | 0.14% | +0.04 |
| NEE Nextera Energy Inc. | Add +0.5% | 0.32% | +0.04 |
| RTX RTX Corp. | Add +0.5% | 0.30% | +0.04 |
| PGR Progressive Corp. | Add +0.4% | 0.28% | +0.04 |
| CAT Caterpillar Inc. | Add +0.5% | 0.36% | +0.04 |
| GEV GE Vernova Inc. | Add +0.5% | 0.13% | +0.04 |
| LMT Lockheed Martin Corp. | Add +0.4% | 0.23% | +0.04 |
| KO The Coca-Cola Co. | Add +0.5% | 0.52% | +0.04 |
| AVGO Broadcom Inc. | Add +0.5% | 1.46% | +0.04 |
| BLK BlackRock Finance Inc. | Add +0.3% | 0.26% | +0.03 |
| SBUX Starbucks Corp. | Add +0.4% | 0.21% | +0.03 |
| DELL Dell Technologies -C | Add +164.7% | 0.06% | +0.03 |
| SW Smurfit Westrock PLC | New | 0.03% | +0.03 |
| BMY Bristol-Myers Squibb Co. | Add +0.4% | 0.20% | +0.03 |
| MMM 3M Co. | Add +0.3% | 0.14% | +0.03 |
| SHW The Sherwin-Williams Co. | Add +0.5% | 0.17% | +0.03 |
| CEG Constellation Energy | Add +0.4% | 0.15% | +0.03 |
| ELS Equity Lifestyle Properties | Add +113.6% | 0.05% | +0.03 |
| SPGI S&P Global Inc. | Add +0.3% | 0.30% | +0.03 |
| TMO Thermo Fisher Scientific Inc. | Add +0.5% | 0.44% | +0.03 |
| GILD Gilead Sciences Inc. | Add +0.4% | 0.20% | +0.03 |
| NOW ServiceNow Inc. | Add +0.4% | 0.34% | +0.03 |
| CVNA Carvana Co. | Add +219.6% | 0.04% | +0.03 |
| EME Emcor Group Inc. | Add +211.1% | 0.04% | +0.03 |
| CSCO Cisco Systems Inc. | Add +0.4% | 0.40% | +0.03 |
| KKR KKR & Co. Inc. | Add +0.4% | 0.16% | +0.03 |
| AMT American Tower Corp. | Add +0.5% | 0.20% | +0.03 |
| PH Parker Hannifin Corp. | Add +0.5% | 0.15% | +0.02 |
| DHI D.R. Horton Inc. | Add +0.4% | 0.11% | +0.02 |
| RY Royal Bank of Canada | Add +0.1% | 0.22% | +0.02 |
| WELL Welltower Inc. | Add +2.3% | 0.14% | +0.02 |
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 |