VIRGINIA RETIREMENT SYSTEMS ET Al

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed August 25, 2026), VIRGINIA RETIREMENT SYSTEMS ET Al reported 926 stock positions worth $13.5 billion. Its top holding was Nvidia (NVDA) at 6.2% of the portfolio, followed by Microsoft (MSFT, 4.1%) and Alphabet Class A (GOOGL, 2.3%). Compared with Q4 2025, it opened 132 new positions, sold out of 155, added to 346 and reduced 332. The biggest buy was Exxon Mobil (XOM, shares +115%) and the biggest sale Apple (AAPL, shares −75%).

Most Recent 13F
Q2 2026
Location
RICHMOND, VA
CIK
0001005354
Portfolio Value
$13.5B (Q1 2026)
SEC Filing
0001005354-26-000004 ↗ filed Aug 25, 2026

Holdings Value

0$5.0B$10.0B$15.0B$20.0B Q1 2025: $13.5B Q1 2025 Q2 2025: $14.5B Q2 2025 Q3 2025: $15.4B Q3 2025 Q4 2025: $16.8B Q4 2025 Q1 2026: $13.5B $13.5B Q1 2026 Q2 2026: $16.7B Q2 2026

Holdings 926 stocks · $13.5B
NVDA Nvidia Corp. 6.19% 4,786,326 $834.7M Reduce -4.8%
MSFT Microsoft Corp. 4.09% 1,489,752 $551.5M Reduce -14.7%
GOOGL Alphabet Inc. Class A 2.31% 1,083,732 $311.6M Reduce -35.5%
GOOG Alphabet Inc. Class C 2.14% 1,006,848 $288.8M Reduce -3.8%
JNJ Johnson & Johnson 1.89% 1,041,903 $254.7M Reduce -10.1%
AAPL Apple Inc. 1.81% 963,952 $244.6M Reduce -75.2%
AVGO Broadcom Inc. 1.80% 785,813 $243.2M Reduce -18.7%
META Meta Platforms Inc. Class A 1.73% 407,260 $233.0M Reduce -38.2%
XOM Exxon Mobil Corp. 1.51% 1,202,334 $204.0M Add +114.8%
GILD Gilead Sciences Inc. 1.07% 1,032,295 $143.9M Reduce -10.8%
V Visa Inc. Class A 1.01% 451,853 $136.6M Add +15.4%
BMY Bristol-Myers Squibb Co. 0.97% 2,151,296 $130.5M Reduce -3.7%
TSLA Tesla Inc. 0.92% 335,013 $124.5M Reduce -4.8%
JPM JPMorgan Chase & Co. 0.85% 391,258 $115.1M Reduce -10.0%
CBOE Cboe Global Markets Inc. 0.82% 391,390 $110.0M Add +21.2%
CL Colgate-Palmolive Co. 0.80% 1,268,600 $108.1M No change
LLY Eli Lilly & Co. 0.80% 116,964 $107.6M Add +22.9%
MO Altria Group Inc. 0.79% 1,616,800 $106.7M Reduce -18.9%
WMT Walmart Inc. 0.75% 812,201 $100.9M Reduce -37.8%
PGR Progressive Corp. 0.72% 488,700 $96.9M New
DUK Duke Energy Corp. 0.69% 713,205 $93.4M Add +38.8%
T AT&T Inc. 0.66% 3,091,050 $89.6M Reduce -31.2%
MU Micron Technology Inc. 0.65% 260,005 $87.8M Reduce -34.8%
LRCX Lam Research Corp. 0.65% 409,151 $87.4M Reduce -29.7%
SPG Simon Property Group Inc. 0.65% 466,230 $87.0M Add +9.8%
MRK Merck & Co. Inc. 0.64% 718,238 $86.4M Reduce -47.0%
VZ Verizon Communications Inc. 0.63% 1,702,100 $85.4M Reduce -41.1%
PEP Pepsico Inc. 0.62% 541,816 $84.1M Add +98.6%
CVX Chevron Corp. 0.62% 405,171 $83.8M Add +87.7%
MCD McDonald's Corp. 0.61% 265,429 $82.5M Add +64.7%
WELL Welltower Inc. 0.61% 413,388 $81.7M Add +6.2%
PM Philip Morris International 0.61% 493,600 $81.6M Add +35.0%
HCA HCA Healthcare Inc. 0.60% 171,684 $81.2M Reduce -40.6%
VRSN Verisign Inc. 0.60% 323,731 $80.4M Add +7.6%
KR Kroger Co. 0.59% 1,108,400 $80.2M Reduce -20.7%
PLD Prologis Inc. 0.59% 597,220 $78.9M Add +26.9%
CSCO Cisco Systems Inc. 0.57% 998,125 $77.4M Add +168.2%
NOC Northrop Grumman Corp. 0.57% 111,988 $76.4M Add +13.3%
CF CF Industries Holdings Inc. 0.56% 582,718 $75.7M Add +6.4%
SNA Snap-on Inc. 0.56% 208,012 $75.6M Reduce -1.8%
COST Costco Wholesale Corp. 0.56% 75,287 $75.0M Add +177.9%
KLAC KLA Corp. 0.55% 50,753 $74.7M Reduce -9.2%
INTU Intuit Inc. 0.55% 170,840 $73.9M Add +547.1%
YUM Yum! Brands Inc. 0.53% 460,900 $71.7M Reduce -38.7%
PLTR Palantir Technologies Inc. Class A 0.52% 480,500 $70.3M Add +49.1%
AMZN Amazon.com Inc. 0.52% 333,600 $69.5M Reduce -88.0%
MCK McKesson Corp. 0.51% 78,896 $68.3M New
BRK.B Berkshire Hathaway Inc. Class B 0.50% 139,665 $66.9M Reduce -28.7%
PG The Procter & Gamble Co. 0.49% 461,700 $66.7M Add +163.5%
ACN Accenture PLC Class A 0.49% 335,728 $66.6M Add +98.7%
MS Morgan Stanley 0.49% 404,400 $66.6M Reduce -6.4%
LMT Lockheed Martin Corp. 0.49% 109,702 $66.3M No change
PSA Public Storage 0.49% 242,471 $65.7M Reduce -10.9%
ABBV Abbvie Inc. 0.47% 290,211 $63.1M Reduce -10.7%
EQIX Equinix Inc. 0.46% 63,644 $62.4M Add +26.5%
DG Dollar General Corp. 0.46% 521,273 $61.9M Reduce -42.4%
GE General Electric filed as GE AEROSPACE 0.46% 216,900 $61.5M Reduce -16.1%
SYY Sysco Corp. 0.45% 842,800 $60.1M Add +5.2%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.44% 500,159 $59.3M No change
STX Seagate Technology Holdings 0.43% 148,900 $58.3M Reduce -25.5%
VICI Vici Properties Inc. filed as VICI PPTYS INC 0.43% 2,120,540 $57.9M Reduce -1.6%
CRM Salesforce Inc. 0.43% 307,101 $57.3M Add +80.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.42% 355,900 $56.8M Add +52.1%
ED Consolidated Edison Inc. 0.42% 500,500 $56.6M Add +47.1%
TMUS T-Mobile US Inc. 0.42% 269,500 $56.6M No change
CLX Clorox Company 0.42% 541,600 $56.1M Add +19.9%
NEM Newmont Corp. 0.41% 516,469 $55.9M Add +20.1%
EW Edwards Lifesciences Corp. 0.40% 679,211 $54.4M Add +0.5%
CTSH Cognizant Tech Solutions-A 0.40% 886,175 $54.4M Reduce -7.8%
RDN Radian Group Inc. 0.40% 1,640,572 $54.3M Reduce -15.2%
EME Emcor Group Inc. 0.40% 73,453 $54.2M Reduce -19.8%
C Citigroup Inc. 0.40% 476,260 $54.0M Reduce -29.8%
QCOM Qualcomm Inc. 0.39% 412,429 $53.1M No change
APH Amphenol Corp. Class A 0.38% 409,534 $51.7M Add +93.3%
FDX FedEx Corp. 0.38% 142,950 $50.9M Reduce -15.0%
MA Mastercard Inc. Class A 0.37% 101,082 $50.5M Add +61.0%
MNST Monster Beverage Corp. 0.37% 696,400 $50.5M New
GD General Dynamics Corp. 0.37% 145,680 $50.0M Add +22.3%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.37% 547,600 $49.4M Add +0.2%
UHS Universal Health Services-B 0.37% 275,522 $49.3M Reduce -41.9%
CME Cme Group Inc. 0.36% 166,400 $49.1M Reduce -31.0%
TRV The Travelers Cos Inc. 0.35% 162,040 $47.3M Add +135.5%
NFLX Netflix Inc. 0.34% 482,560 $46.4M Reduce -39.9%
BKNG Booking Holdings Inc. 0.34% 10,981 $46.2M Reduce -21.4%
PNC PNC Financial Services Group 0.34% 221,500 $46.1M Add +3360.9%
STT State Street Corp. 0.34% 362,000 $45.8M Reduce -5.8%
KIM Kimco Realty Corp. 0.34% 2,036,353 $45.8M Add +35.8%
KMB Kimberly-Clark Corp. 0.34% 470,000 $45.3M Reduce -17.2%
APTV Aptiv PLC 0.33% 649,312 $45.1M No change
DVN Devon Energy Corp. 0.33% 894,700 $45.0M Add +40.7%
IRM Iron Mountain Inc. filed as IRON MTN INC DEL 0.33% 440,108 $45.0M Add +252.7%
GLPI Gaming and Leisure Propertie 0.33% 995,329 $44.2M Reduce -0.8%
INCY Incyte Corp. 0.33% 465,725 $43.8M Reduce -39.4%
ANET Arista Networks Inc. 0.32% 354,634 $43.5M Reduce -22.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.32% 177,060 $42.9M Reduce -32.1%
HWM Howmet Aerospace Inc. 0.32% 185,100 $42.7M Reduce -7.8%
GEV GE Vernova Inc. 0.31% 48,184 $42.1M Add +100.3%
VRTX Vertex Pharmaceuticals Inc. 0.31% 94,060 $42.0M Add +153.5%
MSCI MSCI Inc. 0.31% 77,780 $41.9M Add +673.2%
ABT Abbott Laboratories 0.31% 402,700 $41.3M Reduce -55.4%

Show all 926 holdings

Portfolio Sells Q4 2025 → Q1 2026
AAPL Apple Inc. Reduce -75.2% 1.81% −4.46
AMZN Amazon.com Inc. Reduce -88.0% 0.52% −3.31
IVV iShares Core S&P 500 ETF Sold out 0.00% −1.90
MSFT Microsoft Corp. Reduce -14.7% 4.09% −0.94
META Meta Platforms Inc. Class A Reduce -38.2% 1.73% −0.86
GOOGL Alphabet Inc. Class A Reduce -35.5% 2.31% −0.82
PCAR Paccar Inc. Reduce -77.5% 0.16% −0.37
ABT Abbott Laboratories Reduce -55.4% 0.31% −0.37
GS Goldman Sachs Group Inc. Reduce -62.0% 0.28% −0.33
MLI Mueller Industries Inc. Reduce -93.9% 0.03% −0.33
FOXA Fox Corp. Class A Reduce -60.4% 0.19% −0.29
DG Dollar General Corp. Reduce -42.4% 0.46% −0.26
UHS Universal Health Services-B Reduce -41.9% 0.37% −0.25
AKAM Akamai Technologies Inc. Reduce -95.5% 0.02% −0.24
EBAY eBay Inc. Reduce -63.2% 0.23% −0.24
OC Owens Corning Sold out 0.00% −0.23
TXT Textron Inc. Reduce -58.2% 0.25% −0.23
HUM Humana Inc. Reduce -87.1% 0.03% −0.22
WDC Western Digital Corp. Reduce -84.8% 0.09% −0.21
MRK Merck & Co. Inc. Reduce -47.0% 0.64% −0.21
ADBE Adobe Inc. Reduce -50.8% 0.15% −0.21
HCA HCA Healthcare Inc. Reduce -40.6% 0.60% −0.20
DT Dynatrace Inc. Reduce -87.0% 0.03% −0.19
DBX Dropbox Inc. Class A Reduce -83.9% 0.04% −0.19
AVGO Broadcom Inc. Reduce -18.7% 1.80% −0.19
AFL Aflac Inc. Reduce -94.6% 0.01% −0.18
LOW Lowe's Cos Inc. Reduce -90.5% 0.02% −0.18
CI The Cigna Group Reduce -68.9% 0.11% −0.18
NVR NVR Inc. Reduce -67.2% 0.11% −0.18
CCL Carnival Corp. Reduce -72.5% 0.07% −0.18
BAH Booz Allen Hamilton Holdings Sold out 0.00% −0.17
NTAP Netapp Inc. Reduce -96.9% 0.01% −0.17
GM General Motors Co. Reduce -48.4% 0.23% −0.16
AMD Advanced Micro Devices Reduce -69.4% 0.09% −0.16
YUM Yum! Brands Inc. Reduce -38.7% 0.53% −0.15
RTX RTX Corp. Reduce -76.9% 0.06% −0.14
IBM Intl Business Machines Corp. Reduce -32.1% 0.32% −0.14
ADM Archer-Daniels-Midland Co. Sold out 0.00% −0.14
ORCL Oracle Corp. Reduce -70.4% 0.05% −0.14
ORI Old Republic Intl Corp. Sold out 0.00% −0.13
INCY Incyte Corp. Reduce -39.4% 0.33% −0.13
LII Lennox International Inc. Sold out 0.00% −0.12
DOCU Docusign Inc. Sold out 0.00% −0.12
ZM Zoom Communications Inc. Reduce -40.7% 0.27% −0.12
F Ford Motor Co. Sold out 0.00% −0.12
WMT Walmart Inc. Reduce -37.8% 0.75% −0.12
DIS The Walt Disney Co. Sold out 0.00% −0.12
SYF Synchrony Financial Reduce -41.4% 0.17% −0.12
AXP American Express Co. Sold out 0.00% −0.11
COF Capital One Financial Corp. Reduce -72.5% 0.04% −0.10

Portfolio Buys Q4 2025 → Q1 2026
XOM Exxon Mobil Corp. Add +114.8% 1.51% +1.11
PGR Progressive Corp. New 0.72% +0.72
MCK McKesson Corp. New 0.51% +0.51
INTU Intuit Inc. Add +547.1% 0.55% +0.44
CVX Chevron Corp. Add +87.7% 0.62% +0.43
COST Costco Wholesale Corp. Add +177.9% 0.56% +0.42
CSCO Cisco Systems Inc. Add +168.2% 0.57% +0.40
PEP Pepsico Inc. Add +98.6% 0.62% +0.39
MNST Monster Beverage Corp. New 0.37% +0.37
PG The Procter & Gamble Co. Add +163.5% 0.49% +0.35
DUK Duke Energy Corp. Add +38.8% 0.69% +0.33
PNC PNC Financial Services Group Add +3360.9% 0.34% +0.33
CBOE Cboe Global Markets Inc. Add +21.2% 0.82% +0.33
MCD McDonald's Corp. Add +64.7% 0.61% +0.32
CF CF Industries Holdings Inc. Add +6.4% 0.56% +0.31
MSI Motorola Solutions Inc. New 0.30% +0.30
MSCI MSCI Inc. Add +673.2% 0.31% +0.28
IRM Iron Mountain Inc. Add +252.7% 0.33% +0.27
PM Philip Morris International Add +35.0% 0.61% +0.26
EQIX Equinix Inc. Add +26.5% 0.46% +0.23
TRV The Travelers Cos Inc. Add +135.5% 0.35% +0.23
NOC Northrop Grumman Corp. Add +13.3% 0.57% +0.23
PLD Prologis Inc. Add +26.9% 0.59% +0.23
ACN Accenture PLC Class A Add +98.7% 0.49% +0.22
ED Consolidated Edison Inc. Add +47.1% 0.42% +0.22
GEV GE Vernova Inc. Add +100.3% 0.31% +0.22
APH Amphenol Corp. Class A Add +93.3% 0.38% +0.21
VRTX Vertex Pharmaceuticals Inc. Add +153.5% 0.31% +0.21
TJX TJX Companies Inc. Add +52.1% 0.42% +0.21
ODFL Old Dominion Freight Line New 0.20% +0.20
V Visa Inc. Class A Add +15.4% 1.01% +0.20
DVN Devon Energy Corp. Add +40.7% 0.33% +0.20
LLY Eli Lilly & Co. Add +22.9% 0.80% +0.19
SO The Southern Co. New 0.19% +0.19
AZO AutoZone Inc. Add +117.0% 0.29% +0.18
PLTR Palantir Technologies Inc. Class A Add +49.1% 0.52% +0.18
SPG Simon Property Group Inc. Add +9.8% 0.65% +0.18
WELL Welltower Inc. Add +6.2% 0.61% +0.18
ELV Elevance Health Inc. New 0.17% +0.17
GGG Graco Inc. New 0.17% +0.17
TPR Tapestry Inc. Add +96.7% 0.27% +0.17
DECK Deckers Outdoor Corp. Add +134.2% 0.26% +0.17
WPC WP Carey Inc. Add +102.5% 0.26% +0.17
MA Mastercard Inc. Class A Add +61.0% 0.37% +0.16
VRSN Verisign Inc. Add +7.6% 0.60% +0.16
NEM Newmont Corp. Add +20.1% 0.41% +0.16
KIM Kimco Realty Corp. Add +35.8% 0.34% +0.16
COR Cencora Inc. New 0.16% +0.16
CRM Salesforce Inc. Add +80.1% 0.43% +0.16
GIS General Mills Inc. New 0.15% +0.15

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 1,300$16.7BNVDA, AAPL, MSFT, GOOGL, AMZN
Q1 2026 926$13.5BNVDA, MSFT, GOOGL, GOOG, JNJ
Q4 2025 949$16.8BAAPL, NVDA, MSFT, AMZN, GOOGL
Q3 2025 927$15.4BNVDA, MSFT, AAPL, META, AMZN
Q2 2025 932$14.5BNVDA, MSFT, AAPL, AMZN, META
Q1 2025 1,015$13.5BAAPL, NVDA, MSFT, AMZN, META