Utah Retirement Systems
- SEC CIK
- 0001548392
- Latest filing
- Aug 14, 2026
Holdings in Q4 2025
Holdings as of Dec 31, 2025, filed Feb 17, 2026. Long positions only; changes compare share counts with Q3 2025.
- Positions
- 983
- −4 vs. Q3 2025
- Portfolio value
- $10.5B
- +$215.5M (+2.1%) vs. Q3 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| NVDANVIDIA Corp | Stock | 3,866,891 | $721.2M | 6.9% | −6910.0% | Reduced | History |
| AAPLApple Inc. | Stock | 2,408,738 | $654.8M | 6.2% | −4050.0% | Reduced | History |
| MSFTMicrosoft Corp | Stock | 1,225,361 | $592.6M | 5.6% | −1500.0% | Reduced | History |
| AMZNAmazon Com Inc | Stock | 1,584,914 | $365.8M | 3.5% | −2240.0% | Reduced | History |
| GOOGLAlphabet Inc. | Stock | 960,403 | $300.6M | 2.9% | −960.0% | Reduced | History |
| AVGOBroadcom Inc. | Stock | 763,047 | $264.1M | 2.5% | −560.0% | Reduced | History |
| GOOGAlphabet Inc. | Stock | 782,002 | $245.4M | 2.3% | −600.0% | Reduced | History |
| METAMeta Platforms, Inc. | Stock | 360,742 | $238.1M | 2.3% | +260.0% | Added | History |
| TSLATesla, Inc. | Stock | 465,207 | $209.2M | 2.0% | +471+0.1% | Added | History |
| JPMJPMorgan Chase & Co | Stock | 455,644 | $146.8M | 1.4% | −3,213−0.7% | Reduced | History |
| LLYEli Lilly & Co | Stock | 132,364 | $142.2M | 1.4% | −270.0% | Reduced | History |
| BRK.BBerkshire Hathaway Inc | Stock | 243,724 | $122.5M | 1.2% | +370.0% | Added | History |
| VVisa Inc. | Stock | 280,356 | $98.3M | 0.9% | −1,013−0.4% | Reduced | History |
| XOMExxonMobil Holdings Corp | COM | 710,196 | $85.5M | 0.8% | −5,801−0.8% | Reduced | History |
| JNJJohnson & Johnson | Stock | 397,599 | $82.3M | 0.8% | +190.0% | Added | History |
| WMTWalmart Inc. | Stock | 718,830 | $80.1M | 0.8% | −470.0% | Reduced | History |
| MAMastercard Inc | Stock | 133,958 | $76.5M | 0.7% | −510−0.4% | Reduced | History |
| ABBVAbbVie Inc. | Stock | 292,702 | $66.9M | 0.6% | +410.0% | Added | History |
| NFLXNetflix Inc | Stock | 700,220 | $65.7M | 0.6% | 00.0% | UnchangedConverted for a 10-for-1 split | History |
| PLTRPalantir Technologies Inc. | Stock | 360,898 | $64.1M | 0.6% | +260.0% | Added | History |
| COSTCostco Wholesale Corp | Stock | 73,336 | $63.2M | 0.6% | −150.0% | Reduced | History |
| BACBank of America Corp | Stock | 1,109,327 | $61.0M | 0.6% | −5,212−0.5% | Reduced | History |
| AMDAdvanced Micro Devices Inc | Stock | 266,078 | $57.0M | 0.5% | +450.0% | Added | History |
| HDHome Depot, Inc. | Stock | 164,504 | $56.6M | 0.5% | −340.0% | Reduced | History |
| PGProcter & Gamble Co | Stock | 388,082 | $55.6M | 0.5% | +200.0% | Added | History |
| ORCLOracle Corp | Stock | 275,039 | $53.6M | 0.5% | +1,503+0.5% | Added | History |
| GEGeneral Electric Co | Stock | 173,137 | $53.3M | 0.5% | −541−0.3% | Reduced | History |
| AVBAvalonbay Communities Inc | COM | 292,621 | $53.1M | 0.5% | +66,011+29.1% | Added | History |
| MUMicron Technology Inc | Stock | 184,606 | $52.7M | 0.5% | +620.0% | Added | History |
| CSCOCisco Systems, Inc. | Stock | 657,616 | $50.7M | 0.5% | −350.0% | Reduced | History |
| UNHUnitedHealth Group Inc | Stock | 150,348 | $49.6M | 0.5% | −310.0% | Reduced | History |
| WFCWells Fargo & Company | Stock | 528,511 | $49.3M | 0.5% | −4,324−0.8% | Reduced | History |
| CVXChevron Corp | Stock | 314,840 | $48.0M | 0.5% | −2,471−0.8% | Reduced | History |
| IBMInternational Business Machines Corp | Stock | 153,724 | $45.5M | 0.4% | −310.0% | Reduced | History |
| KOCoca Cola Co | Stock | 642,526 | $44.9M | 0.4% | −320.0% | Reduced | History |
| CATCaterpillar Inc | Stock | 76,503 | $43.8M | 0.4% | −150.0% | Reduced | History |
| MRKMerck & Co., Inc. | Stock | 416,297 | $43.8M | 0.4% | +150.0% | Added | History |
| GSGoldman Sachs Group Inc | Stock | 49,308 | $43.3M | 0.4% | −375−0.8% | Reduced | History |
| PMPhilip Morris International Inc. | Stock | 257,415 | $41.3M | 0.4% | +470.0% | Added | History |
| CRMSalesforce, Inc. | Stock | 154,259 | $40.9M | 0.4% | −310.0% | Reduced | History |
| RTXRTX Corp | Stock | 221,049 | $40.5M | 0.4% | +550.0% | Added | History |
| TMOThermo Fisher Scientific Inc. | Stock | 62,394 | $36.2M | 0.3% | −130.0% | Reduced | History |
| MCDMcDonalds Corp | Stock | 118,109 | $36.1M | 0.3% | −240.0% | Reduced | History |
| LRCXLam Research Corp | Stock | 210,036 | $36.0M | 0.3% | −1,167−0.6% | Reduced | History |
| ABTAbbott Laboratories | Stock | 286,093 | $35.8M | 0.3% | +420.0% | Added | History |
| CCitigroup Inc | Stock | 298,959 | $34.9M | 0.3% | −2,688−0.9% | Reduced | History |
| AMATApplied Materials Inc | Stock | 132,520 | $34.1M | 0.3% | −550.0% | Reduced | History |
| DISWalt Disney Co | Stock | 299,207 | $34.0M | 0.3% | +390.0% | Added | History |
| MSMorgan Stanley | Stock | 190,285 | $33.8M | 0.3% | +610.0% | Added | History |
| AXPAmerican Express Co | Stock | 90,259 | $33.4M | 0.3% | −507−0.6% | Reduced | History |
| ISRGIntuitive Surgical Inc | COM NEW | 58,758 | $33.3M | 0.3% | −219−0.4% | Reduced | History |
| LINLinde PLC | Stock | 77,588 | $33.1M | 0.3% | −160.0% | Reduced | History |
| PEPPepsiCo Inc | Stock | 226,556 | $32.5M | 0.3% | +540.0% | Added | History |
| QCOMQualcomm Inc | Stock | 178,437 | $30.5M | 0.3% | 00.0% | Unchanged | History |
| INTUIntuit Inc. | Stock | 45,078 | $29.9M | 0.3% | −90.0% | Reduced | History |
| GEVGE Vernova Inc. | Stock | 45,171 | $29.5M | 0.3% | −90.0% | Reduced | History |
| BRK.ABerkshire Hathaway Inc | CL A | 39 | $29.4M | 0.3% | 00.0% | Unchanged | History |
| AMGNAmgen Inc | Stock | 88,868 | $29.1M | 0.3% | −180.0% | Reduced | History |
| BKNGBooking Holdings Inc. | Stock | 5,375 | $28.8M | 0.3% | −10.0% | Reduced | History |
| TAT&T Inc. | Stock | 1,153,499 | $28.7M | 0.3% | −5,653−0.5% | Reduced | History |
| VZVerizon Communications Inc | Stock | 697,807 | $28.4M | 0.3% | −430.0% | Reduced | History |
| TJXTJX Companies Inc | Stock | 184,742 | $28.4M | 0.3% | 00.0% | Unchanged | History |
| SCHWSchwab Charles Corp | Stock | 281,973 | $28.2M | 0.3% | +430.0% | Added | History |
| ACNAccenture plc | Stock | 103,461 | $27.8M | 0.3% | −210.0% | Reduced | History |
| NEENextera Energy Inc | Stock | 341,992 | $27.5M | 0.3% | +1,304+0.4% | Added | History |
| UBERUber Technologies, Inc | Stock | 332,640 | $27.2M | 0.3% | +310.0% | Added | History |
| RYRoyal Bank of Canada | Stock | 159,007 | $27.1M | 0.3% | 00.0% | Unchanged | History |
| APHAmphenol Corp | CL A | 199,983 | $27.0M | 0.3% | +823+0.4% | Added | History |
| BLKBlackRock, Inc. | Stock | 25,206 | $27.0M | 0.3% | −50.0% | Reduced | History |
| INTCIntel Corp | Stock | 724,279 | $26.7M | 0.3% | +2,206+0.3% | Added | History |
| KLACKLA Corp | COM NEW | 21,908 | $26.6M | 0.3% | −84−0.4% | Reduced | History |
| NOWServiceNow, Inc. | Stock | 173,504 | $26.6M | 0.3% | +2,729+1.6% | AddedConverted for a 5-for-1 split | History |
| APPAppLovin Corp | COM CL A | 39,391 | $26.5M | 0.3% | −80.0% | Reduced | History |
| SPGIS&P Global Inc. | Stock | 50,457 | $26.4M | 0.3% | −218−0.4% | Reduced | History |
| BABoeing Co | Stock | 120,941 | $26.3M | 0.2% | +1,186+1.0% | Added | History |
| TXNTexas Instruments Inc | Stock | 150,166 | $26.1M | 0.2% | −310.0% | Reduced | History |
| GILDGilead Sciences, Inc. | Stock | 205,817 | $25.3M | 0.2% | 00.0% | Unchanged | History |
| COFCapital One Financial Corp | Stock | 103,855 | $25.2M | 0.2% | −210.0% | Reduced | History |
| GRNTGranite Ridge Resources, Inc. | COM | 5,243,683 | $24.6M | 0.2% | 00.0% | Unchanged | History |
| ADBEAdobe Inc. | Stock | 69,915 | $24.5M | 0.2% | −417−0.6% | Reduced | History |
| DHRDanaher Corp | Stock | 104,968 | $24.0M | 0.2% | −462−0.4% | Reduced | History |
| PFEPfizer Inc | Stock | 938,624 | $23.4M | 0.2% | −920.0% | Reduced | History |
| BSXBoston Scientific Corp | Stock | 243,879 | $23.3M | 0.2% | +500.0% | Added | History |
| UNPUnion Pacific Corp | Stock | 98,810 | $22.9M | 0.2% | −200.0% | Reduced | History |
| LOWLowes Companies Inc | Stock | 92,601 | $22.3M | 0.2% | −190.0% | Reduced | History |
| ANETArista Networks, Inc. | Stock | 170,378 | $22.3M | 0.2% | 00.0% | Unchanged | History |
| ADIAnalog Devices Inc | Stock | 81,971 | $22.2M | 0.2% | −170.0% | Reduced | History |
| PGRProgressive Corp | Stock | 96,820 | $22.0M | 0.2% | −200.0% | Reduced | History |
| SHOPShopify Inc. | Stock | 135,481 | $21.8M | 0.2% | 00.0% | Unchanged | History |
| WELLWelltower Inc. | REIT | 111,542 | $20.7M | 0.2% | +998+0.9% | Added | History |
| ETNEaton Corp plc | Stock | 64,749 | $20.6M | 0.2% | −130.0% | Reduced | History |
| HONHoneywell International Inc | COM | 105,070 | $20.5M | 0.2% | −350.0% | Reduced | History |
| MDTMedtronic plc | Stock | 211,591 | $20.3M | 0.2% | 00.0% | Unchanged | History |
| PANWPalo Alto Networks Inc | Stock | 109,307 | $20.1M | 0.2% | +755+0.7% | Added | History |
| PLDPrologis, Inc. | REIT | 156,819 | $20.0M | 0.2% | +3,531+2.3% | Added | History |
| SYKStryker Corp | Stock | 56,869 | $20.0M | 0.2% | −110.0% | Reduced | History |
| COPConocoPhillips | Stock | 208,341 | $19.5M | 0.2% | −751−0.4% | Reduced | History |
| VRTXVertex Pharmaceuticals Inc | Stock | 42,490 | $19.3M | 0.2% | −90.0% | Reduced | History |
| CBChubb Ltd | Stock | 61,135 | $19.1M | 0.2% | −366−0.6% | Reduced | History |
| CRWDCrowdStrike Holdings, Inc. | Stock | 40,513 | $19.0M | 0.2% | +153+0.4% | Added | History |
Sold out since Q3 2025 (17)
Positions held at the end of Q3 2025 that are gone from this filing.
| Security | Class | Shares in Q3 2025 | Value in Q3 2025 | % of portfolio in Q3 2025 | History |
|---|---|---|---|---|---|
| KKellanova | Stock | 45,850 | $3.76M | <0.1% | History |
| IPGInterpublic Group of Companies, Inc. | COM | 61,562 | $1.72M | <0.1% | History |
| COOPMaverick Merger Sub 2, LLC | COM | 3,317 | $699.2K | <0.1% | History |
| CORTCorcept Therapeutics Inc | COM | 4,968 | $412.9K | <0.1% | History |
| LNWOLight & Wonder, Inc. | COM | 4,375 | $367.2K | <0.1% | History |
| VVVValvoline Inc | COM | 6,863 | $246.4K | <0.1% | History |
| BRBRBellring Brands, Inc. | Stock | 6,708 | $243.8K | <0.1% | History |
| SPRSpirit AeroSystems Holdings, Inc. | COM CL A | 6,174 | $238.3K | <0.1% | History |
| EPREpr Properties | COM SH BEN INT | 3,995 | $231.8K | <0.1% | History |
| PSNParsons Corp | COM | 2,789 | $231.3K | <0.1% | History |
| NWSNews Corp | CL B | 6,600 | $228.0K | <0.1% | History |
| FMCFMC Corp | COM NEW | 6,700 | $225.3K | <0.1% | History |
| DLBDolby Laboratories, Inc. | COM CL A | 3,100 | $224.3K | <0.1% | History |
| RYNRayonier Inc | COM | 8,261 | $219.2K | <0.1% | History |
| PVHPVH Corp. | COM | 2,560 | $214.5K | <0.1% | History |
| WSCWillScot Holdings Corp | COM CL A | 9,572 | $202.1K | <0.1% | History |
| SLGNSilgan Holdings Inc | COM | 4,670 | $200.9K | <0.1% | History |