Skip to main content
Livermore
Livermore
ZHEN

Illinois Municipal Retirement Fund

SEC CIK
0001541910
Latest filing
Aug 12, 2026

The latest 13F from Illinois Municipal Retirement Fund covers Q2 2026 (filed Aug 12, 2026): 1,120 long positions worth $8.87B. The top 10 holdings make up 19.8% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 3.9%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
83
Est. +$245.3M
Added
455
Est. +$822.9M
Reduced
578
Est. −$841.7M
Sold out
90
Est. −$159.0M

Top 5 holdings

Share of this quarter's portfolio value

  1. NVDANVIDIA Corp
    3.9%$348.3MHistory
  2. AAPLApple Inc.
    3.7%$326.2MHistory
  3. MSFTMicrosoft Corp
    2.4%$211.2MHistory
  4. GOOGLAlphabet Inc.
    2.0%$180.3MHistory
  5. AMZNAmazon Com Inc
    2.0%$177.0MHistory

Share of portfolio

Top 5 holdings and the other 1,115 positions, by share of portfolio value

  1. NVDA3.9%
  2. AAPL3.7%
  3. MSFT2.4%
  4. GOOGL2.0%
  5. AMZN2.0%
  6. Other 1,115 positions86.0%

Biggest buys

New and added positions, by estimated amount bought

  1. TTWOTake Two Interactive Software Inc
    +$16.5MAddedHistory
  2. AMGNAmgen Inc
    +$15.7MAddedHistory
  3. VLOValero Energy Corp
    +$15.4MAddedHistory
  4. XOMExxonMobil Holdings Corp
    +$14.6MAddedHistory
  5. ODFLOld Dominion Freight Line, Inc.
    +$14.0MNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. MUMicron Technology Inc
    +0.45 pp0.2% → 0.6%History
  2. TTWOTake Two Interactive Software Inc
    +0.19 pp<0.1% → 0.2%History
  3. KLACKLA Corp
    +0.19 pp0.2% → 0.4%History
  4. SNDKSandisk Corp
    +0.17 pp0.1% → 0.2%History
  5. FFIVF5, Inc.
    +0.17 pp0.1% → 0.3%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. WDCWestern Digital Corp
    −$54.8MReducedHistory
  2. GOOGLAlphabet Inc.
    −$31.6MReducedHistory
  3. GLWCorning Inc
    −$31.6MReducedHistory
  4. INTCIntel Corp
    −$31.4MReducedHistory
  5. PMPhilip Morris International Inc.
    −$28.2MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. MSFTMicrosoft Corp
    −0.34 pp2.7% → 2.4%History
  2. PMPhilip Morris International Inc.
    −0.33 pp0.6% → 0.2%History
  3. CMECME Group Inc.
    −0.29 pp0.4% → 0.1%History
  4. TAT&T Inc.
    −0.26 pp0.6% → 0.3%History
  5. iShares Core S&P 500 ETF464287200
    −0.24 pp0.4% → 0.2%

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$8.87B
+$1.01B (+12.8%) vs. prior quarter
Positions
1,120
−7 vs. prior quarter
Top 10 concentration
19.8%
Top 10 as share of value
Turnover
12.0%
Q2 2026, one quarter
Average holding period
18.3 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $8.87B (Q2 2026)

Q1 2021: $2.28BQ2 2021: $2.46BQ3 2021: $2.72BQ4 2021: $3.57BQ1 2022: $3.39BQ2 2022: $4.27BQ3 2022: $4.06BQ4 2022: $4.45BQ1 2023: $4.69BQ2 2023: $4.97BQ3 2023: $5.36BQ4 2023: $5.98BQ1 2024: $6.54BQ2 2024: $6.58BQ3 2024: $7.02BQ4 2024: $7.06BQ1 2025: $6.88BQ2 2025: $7.35BQ3 2025: $7.83BQ4 2025: $7.98BQ1 2026: $7.86BQ2 2026: $8.87B
Q1 2021Q2 2026
13F filings of Illinois Municipal Retirement Fund by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Aug 12, 20261,120$8.87BNVDAAAPLMSFTvs. Q1 2026SEC
Q1 2026May 5, 20261,127$7.86BNVDAAAPLMSFTvs. Q4 2025SEC
Q4 2025Feb 11, 20261,151$7.98BNVDAAAPLMSFTvs. Q3 2025SEC
Q3 2025Nov 6, 20251,178$7.83BNVDAAAPLMSFTvs. Q2 2025SEC
Q2 2025Aug 7, 20251,237$7.35BMSFTNVDAAAPLvs. Q1 2025SEC
Q1 2025Apr 24, 20251,337$6.88BAAPLMSFTNVDAvs. Q4 2024SEC
Q4 2024Feb 4, 20251,332$7.06BAAPLMSFTNVDAvs. Q3 2024SEC
Q3 2024Nov 4, 20241,330$7.02BAAPLMSFTNVDAvs. Q2 2024SEC
Q2 2024Aug 5, 20241,334$6.58BMSFTAAPLNVDAvs. Q1 2024SEC
Q1 2024May 7, 20241,352$6.54BMSFTAAPLNVDAvs. Q4 2023SEC
Q4 2023Feb 1, 20241,370$5.98BMSFTAAPLAMZNvs. Q3 2023SEC
Q3 2023Nov 6, 20231,366$5.36BAAPLMSFTAMZNvs. Q2 2023SEC
Q2 2023Aug 3, 2023822$4.97BAAPLMSFTAMZNvs. Q1 2023SEC
Q1 2023May 5, 2023820$4.69BAAPLMSFTXOMvs. Q4 2022SEC
Q4 2022Feb 3, 2023809$4.45BAAPLMSFTXOMvs. Q3 2022SEC
Q3 2022Nov 3, 2022802$4.06BAAPLMSFTAMZNvs. Q2 2022SEC
Q2 2022Aug 5, 2022798$4.27BAAPLMSFTAMZNvs. Q1 2022SEC
Q1 2022Apr 29, 2022797$3.39BAAPLMSFTAMZNvs. Q4 2021SEC
Q4 2021Jan 31, 2022812$3.57BAAPLMSFTAMZNvs. Q3 2021SEC
Q3 2021Oct 28, 2021833$2.72BAAPLMSFTAMZNvs. Q2 2021SEC
Q2 2021Aug 4, 2021844$2.46BAAPLMSFTAMZNvs. Q1 2021SEC
Q1 2021Apr 27, 2021845$2.28BAAPLMSFTAMZN–SEC