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Louisiana State Employees Retirement System Top Holdings and 13F Report (2025)

About Louisiana State Employees Retirement System

Investment Activity

  • Louisiana State Employees Retirement System has $5.96 billion in total holdings as of September 30, 2025.
  • Louisiana State Employees Retirement System owns shares of 1,516 different stocks, but just 445 companies or ETFs make up 80% of its holdings.
  • Approximately 2.03% of the portfolio was purchased this quarter.
  • About 1.77% of the portfolio was sold this quarter.
  • This quarter, Louisiana State Employees Retirement System has purchased 1,518 new stocks and bought additional shares in 261 stocks.
  • Louisiana State Employees Retirement System sold shares of 1,097 stocks and completely divested from 27 stocks this quarter.

Largest Holdings

NVIDIA
$373,271,948
Microsoft
$316,104,885
Apple
$310,292,118
Amazon.com
$181,233,078
Broadcom
$157,499,034

Largest New Holdings this Quarter

770700102 - Robinhood Markets
$5,813,108 Holding
67059N108 - Nutanix
$5,549,494 Holding
87422Q109 - TALEN ENERGY CORP
$5,402,326 Holding
884903808 - Thomson Reuters
$5,110,357 Holding
89400J107 - TransUnion
$4,540,876 Holding

Largest Purchases this Quarter

APPLOVIN CORP
14,100 shares (about $10.13M)
Robinhood Markets
40,600 shares (about $5.81M)
Nutanix
74,600 shares (about $5.55M)
TALEN ENERGY CORP
12,700 shares (about $5.40M)
Thomson Reuters
32,900 shares (about $5.11M)

Largest Sales this Quarter

Interactive Brokers Group
99,200 shares (about $6.83M)
EMCOR Group
10,300 shares (about $6.69M)
Apple
13,400 shares (about $3.41M)
SPDR Portfolio S&P 400 Mid Cap ETF
40,000 shares (about $2.29M)
Kratos Defense & Security Solutions
24,700 shares (about $2.26M)

Sector Allocation Over Time

Map of 500 Largest Holdings ofLouisiana State Employees Retirement System

 
 
Selling
 
 
Neutral
 
 
Buying
Issuer NameHoldings ValueApproximate Purchase/SaleChange in SharesShares Held% of PortfolioSector
NVIDIA Corporation stock logo
NVDA
NVIDIA
$373,271,948$2,127,012 -0.6%2,000,6006.3%Computer and Technology
Microsoft Corporation stock logo
MSFT
Microsoft
$316,104,885$1,450,260 -0.5%610,3005.3%Computer and Technology
Apple Inc. stock logo
AAPL
Apple
$310,292,118$3,412,042 -1.1%1,218,6005.2%Computer and Technology
Amazon.com, Inc. stock logo
AMZN
Amazon.com
$181,233,078$2,481,141 1.4%825,4003.0%Retail/Wholesale
Broadcom Inc. stock logo
AVGO
Broadcom
$157,499,034$626,829 -0.4%477,4002.6%Computer and Technology
Meta Platforms, Inc. stock logo
META
Meta Platforms
$130,793,078$734,380 -0.6%178,1002.2%Computer and Technology
Alphabet Inc. stock logo
GOOGL
Alphabet
$116,104,560$607,750 -0.5%477,6001.9%Computer and Technology
Tesla, Inc. stock logo
TSLA
Tesla
$113,492,544$400,248 -0.4%255,2001.9%Auto/Tires/Trucks
Alphabet Inc. stock logo
GOOG
Alphabet
$98,881,300$974,200 -1.0%406,0001.7%Computer and Technology
Netflix, Inc. stock logo
NFLX
Netflix
$63,902,436$359,676 -0.6%53,3001.1%Consumer Discretionary
PALANTIR TECHNOLOGIES INC
$52,026,184$1,368,150 2.7%285,2000.9%CL A
Costco Wholesale Corporation stock logo
COST
Costco Wholesale
$51,465,028$185,126 -0.4%55,6000.9%Retail/Wholesale
Berkshire Hathaway Inc. stock logo
BRK.B
Berkshire Hathaway
$48,363,588$301,644 -0.6%96,2000.8%Finance
SPDR Portfolio S&P 500 ETF stock logo
SPLG
SPDR Portfolio S&P 500 ETF
$45,821,066$4,034,510 9.7%584,9000.8%ETF
JPMorgan Chase & Co. stock logo
JPM
JPMorgan Chase & Co.
$45,516,549$725,489 -1.6%144,3000.8%Finance
Cisco Systems, Inc. stock logo
CSCO
Cisco Systems
$33,977,372$198,418 -0.6%496,6000.6%Computer and Technology
Advanced Micro Devices, Inc. stock logo
AMD
Advanced Micro Devices
$32,940,444$80,895 -0.2%203,6000.6%Computer and Technology
Eli Lilly and Company stock logo
LLY
Eli Lilly and Company
$31,817,100$152,600 0.5%41,7000.5%Medical
Visa Inc. stock logo
V
Visa
$30,416,958$409,656 -1.3%89,1000.5%Business Services
LINDE PLC
$27,930,000$190,000 -0.7%58,8000.5%SHS
APPLOVIN CORP
$26,298,564$10,131,414 62.7%36,6000.4%COM CL A
T-Mobile US, Inc. stock logo
TMUS
T-Mobile US
$25,733,350$167,566 -0.6%107,5000.4%Computer and Technology
Exxon Mobil Corporation stock logo
XOM
Exxon Mobil
$25,222,175$417,175 -1.6%223,7000.4%Energy
Mastercard Incorporated stock logo
MA
Mastercard
$24,629,473$284,405 1.2%43,3000.4%Business Services
Oracle Corporation stock logo
ORCL
Oracle
$24,467,880$337,488 1.4%87,0000.4%Computer and Technology
PepsiCo, Inc. stock logo
PEP
PepsiCo
$24,099,504$140,440 -0.6%171,6000.4%Consumer Staples
Intuit Inc. stock logo
INTU
Intuit
$23,833,559$204,873 -0.9%34,9000.4%Computer and Technology
Walmart Inc. stock logo
WMT
Walmart
$23,734,718$237,038 1.0%230,3000.4%Retail/Wholesale
Micron Technology, Inc. stock logo
MU
Micron Technology
$23,474,996$66,928 -0.3%140,3000.4%Computer and Technology
Johnson & Johnson stock logo
JNJ
Johnson & Johnson
$23,437,088$92,710 -0.4%126,4000.4%Medical
QUALCOMM Incorporated stock logo
QCOM
QUALCOMM
$22,508,508$482,444 -2.1%135,3000.4%Computer and Technology
Booking Holdings Inc. stock logo
BKNG
Booking
$22,137,0070.0%4,1000.4%Retail/Wholesale
AbbVie Inc. stock logo
ABBV
AbbVie
$21,463,758$115,770 -0.5%92,7000.4%Medical
LAM RESEARCH CORP
$21,249,930$307,970 -1.4%158,7000.4%COM NEW
The Home Depot, Inc. stock logo
HD
Home Depot
$21,150,918$81,038 -0.4%52,2000.4%Retail/Wholesale
Texas Instruments Incorporated stock logo
TXN
Texas Instruments
$20,945,220$55,119 -0.3%114,0000.4%Computer and Technology
Applied Materials, Inc. stock logo
AMAT
Applied Materials
$20,514,948$286,636 -1.4%100,2000.3%Computer and Technology
Intuitive Surgical, Inc. stock logo
ISRG
Intuitive Surgical
$20,080,627$89,446 -0.4%44,9000.3%Medical
Amgen Inc. stock logo
AMGN
Amgen
$19,048,500$56,440 -0.3%67,5000.3%Medical
Procter & Gamble Company (The) stock logo
PG
Procter & Gamble
$18,883,585$122,920 -0.6%122,9000.3%Consumer Staples
Adobe Inc. stock logo
ADBE
Adobe
$18,766,300$176,375 -0.9%53,2000.3%Computer and Technology
Bank of America Corporation stock logo
BAC
Bank of America
$18,448,584$613,921 3.4%357,6000.3%Finance
Intel Corporation stock logo
INTC
Intel
$18,415,595$6,710 0.0%548,9000.3%Computer and Technology
KLA Corporation stock logo
KLAC
KLA
$17,796,900$215,720 -1.2%16,5000.3%Computer and Technology
Gilead Sciences, Inc. stock logo
GILD
Gilead Sciences
$17,271,600$111,000 -0.6%155,6000.3%Medical
Palo Alto Networks, Inc. stock logo
PANW
Palo Alto Networks
$17,063,356$20,362 0.1%83,8000.3%Computer and Technology
Honeywell International Inc. stock logo
HON
Honeywell International
$16,755,800$273,650 -1.6%79,6000.3%Multi-Sector Conglomerates
GE Aerospace stock logo
GE
GE Aerospace
$16,725,592$210,574 -1.2%55,6000.3%Aerospace
UnitedHealth Group Incorporated stock logo
UNH
UnitedHealth Group
$16,401,750$138,120 -0.8%47,5000.3%Medical
Chevron Corporation stock logo
CVX
Chevron
$15,678,855$2,370,502 17.8%100,9650.3%Energy
CrowdStrike stock logo
CRWD
CrowdStrike
$15,397,932$49,038 0.3%31,4000.3%Computer and Technology
Analog Devices, Inc. stock logo
ADI
Analog Devices
$15,208,830$147,420 -1.0%61,9000.3%Computer and Technology
Automatic Data Processing, Inc. stock logo
ADP
Automatic Data Processing
$14,909,800$88,050 -0.6%50,8000.3%Computer and Technology
Comcast Corporation stock logo
CMCSA
Comcast
$14,509,756$223,082 -1.5%461,8000.2%Consumer Discretionary
Wells Fargo & Company stock logo
WFC
Wells Fargo & Company
$14,090,142$301,752 -2.1%168,1000.2%Finance
International Business Machines Corporation stock logo
IBM
International Business Machines
$13,797,624$28,216 -0.2%48,9000.2%Computer and Technology
CocaCola Company (The) stock logo
KO
CocaCola
$13,476,224$79,584 -0.6%203,2000.2%Consumer Staples
Philip Morris International Inc. stock logo
PM
Philip Morris International
$13,251,740$64,880 -0.5%81,7000.2%Consumer Staples
DOORDASH INC
$13,245,913$380,786 3.0%48,7000.2%CL A
SHOPIFY INC
$13,226,290$14,861 -0.1%89,0000.2%CL A SUB VTG SHS
Constellation Energy Corporation stock logo
CEG
Constellation Energy
$12,899,544$65,814 -0.5%39,2000.2%Energy
The Goldman Sachs Group, Inc. stock logo
GS
The Goldman Sachs Group
$12,661,965$238,905 -1.9%15,9000.2%Finance
Vertex Pharmaceuticals Incorporated stock logo
VRTX
Vertex Pharmaceuticals
$12,610,808$39,164 -0.3%32,2000.2%Medical
Abbott Laboratories stock logo
ABT
Abbott Laboratories
$12,228,722$66,970 -0.5%91,3000.2%Medical
Starbucks Corporation stock logo
SBUX
Starbucks
$12,055,500$50,760 -0.4%142,5000.2%Retail/Wholesale
Cadence Design Systems, Inc. stock logo
CDNS
Cadence Design Systems
$12,013,092$70,252 -0.6%34,2000.2%Computer and Technology
Salesforce Inc. stock logo
CRM
Salesforce
$11,897,400$94,800 -0.8%50,2000.2%Computer and Technology
RTX Corporation stock logo
RTX
RTX
$11,746,566$50,199 -0.4%70,2000.2%Aerospace
Caterpillar Inc. stock logo
CAT
Caterpillar
$11,737,890$95,430 -0.8%24,6000.2%Industrials
O'Reilly Automotive, Inc. stock logo
ORLY
O'Reilly Automotive
$11,470,984$129,372 -1.1%106,4000.2%Retail/Wholesale
Synopsys, Inc. stock logo
SNPS
Synopsys
$11,416,058$1,794,953 18.7%23,1380.2%Computer and Technology
McDonald's Corporation stock logo
MCD
McDonald's
$11,365,486$91,167 -0.8%37,4000.2%Retail/Wholesale
Merck & Co., Inc. stock logo
MRK
Merck & Co., Inc.
$11,003,223$117,502 -1.1%131,1000.2%Medical
The Walt Disney Company stock logo
DIS
Walt Disney
$10,797,350$68,700 -0.6%94,3000.2%Consumer Discretionary
Uber Technologies, Inc. stock logo
UBER
Uber Technologies
$10,717,918$88,173 -0.8%109,4000.2%Computer and Technology
Invesco QQQ stock logo
QQQ
Invesco QQQ
$10,626,549$2,401,480 29.2%17,7000.2%Finance
AT&T Inc. stock logo
T
AT&T
$10,595,648$127,080 -1.2%375,2000.2%Computer and Technology
Mondelez International, Inc. stock logo
MDLZ
Mondelez International
$10,138,881$43,729 -0.4%162,3000.2%Consumer Staples
Morgan Stanley stock logo
MS
Morgan Stanley
$10,125,752$238,440 -2.3%63,7000.2%Finance
ServiceNow, Inc. stock logo
NOW
ServiceNow
$10,031,0520.0%10,9000.2%Computer and Technology
Citigroup Inc. stock logo
C
Citigroup
$9,804,900$192,850 -1.9%96,6000.2%Financial Services
Cintas Corporation stock logo
CTAS
Cintas
$9,729,324$41,052 -0.4%47,4000.2%Business Services
Verizon Communications Inc. stock logo
VZ
Verizon Communications
$9,721,740$52,740 -0.5%221,2000.2%Computer and Technology
Thermo Fisher Scientific Inc. stock logo
TMO
Thermo Fisher Scientific
$9,603,396$48,502 -0.5%19,8000.2%Medical
American Express Company stock logo
AXP
American Express
$9,466,560$232,512 -2.4%28,5000.2%Finance
BLACKROCK INC
$8,860,612$116,587 -1.3%7,6000.1%COM
GE VERNOVA INC
$8,793,070$61,490 -0.7%14,3000.1%COM
MercadoLibre, Inc. stock logo
MELI
MercadoLibre
$8,646,6780.0%3,7000.1%Retail/Wholesale
The Boeing Company stock logo
BA
Boeing
$8,568,451$21,583 -0.3%39,7000.1%Aerospace
The Charles Schwab Corporation stock logo
SCHW
Charles Schwab
$8,544,565$57,282 -0.7%89,5000.1%Finance
Autodesk, Inc. stock logo
ADSK
Autodesk
$8,513,556$63,534 -0.7%26,8000.1%Computer and Technology
The TJX Companies, Inc. stock logo
TJX
TJX Companies
$8,455,590$57,816 -0.7%58,5000.1%Retail/Wholesale
CSX Corporation stock logo
CSX
CSX
$8,302,238$95,877 -1.1%233,8000.1%Transportation
Marriott International, Inc. stock logo
MAR
Marriott International
$8,229,904$104,176 -1.3%31,6000.1%Consumer Discretionary
NextEra Energy, Inc. stock logo
NEE
NextEra Energy
$8,160,469$37,745 -0.5%108,1000.1%Utilities
Comfort Systems USA, Inc. stock logo
FIX
Comfort Systems USA
$8,086,764$82,518 -1.0%9,8000.1%Construction
Accenture PLC stock logo
ACN
Accenture
$8,063,820$73,980 -0.9%32,7000.1%Computer and Technology
PayPal Holdings, Inc. stock logo
PYPL
PayPal
$8,033,788$174,356 -2.1%119,8000.1%Business Services
S&P Global Inc. stock logo
SPGI
S&P Global
$7,982,044$97,342 -1.2%16,4000.1%Finance
Amphenol Corporation stock logo
APH
Amphenol
$7,932,375$37,125 0.5%64,1000.1%Computer and Technology

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