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Institution

Louisiana State Employees Retirement System

13F for the quarter to June 30, 2026, filed July 21, 2026 · SEC CIK 1537191

Reported value
$6.7bn
94% in companies we cover
Positions we cover
1,480
Largest NVDA 5.3%
Copy, a year
+13.7%
S&P 500 +13.8%
Copy Sharpe ratio
0.71
S&P 500 0.76

How copying its 13F would have done

$10.0k$20.0k$40.0k 2014201620182020202220242026 $52.1k$51.1k
CopyS&P 500 $10,000 copying Louisiana State Employees Retirement System's filed holdings in companies we cover from February 7, 2014, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −33.9% (S&P 500 −31.8%); beta 1.05; alpha −0.6% a year (t = −0.82); last 12 months +11.4% against +12.1%.

Reported value by quarter

Louisiana State Employees Retirement System: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $2B $4B $6B $8B Reported value, 2013-12-31: $2.1B Reported value, 2014-03-31: $2.1B Reported value, 2014-06-30: $2.2B Reported value, 2014-09-30: $2.1B Reported value, 2014-12-31: $2.2B Reported value, 2015-03-31: $2.1B Reported value, 2015-06-30: $2.1B Reported value, 2015-09-30: $1.9B Reported value, 2015-12-31: $2B Reported value, 2016-03-31: $1.9B Reported value, 2016-06-30: $1.9B Reported value, 2016-09-30: $1.9B Reported value, 2016-12-31: $1.9B Reported value, 2017-03-31: $2B Reported value, 2017-06-30: $2B Reported value, 2017-09-30: $2.1B Reported value, 2017-12-31: $2.2B Reported value, 2018-03-31: $2.2B Reported value, 2018-06-30: $2.2B Reported value, 2018-09-30: $2.3B Reported value, 2018-12-31: $1.8B Reported value, 2019-03-31: $2B Reported value, 2019-06-30: $2B Reported value, 2019-09-30: $1.9B Reported value, 2019-12-31: $2B Reported value, 2020-03-31: $1.4B Reported value, 2020-06-30: $1.7B Reported value, 2020-09-30: $2.2B Reported value, 2020-12-31: $3.5B Reported value, 2021-03-31: $3.8B Reported value, 2021-06-30: $4.1B Reported value, 2021-09-30: $4.1B Reported value, 2021-12-31: $4.6B Reported value, 2022-03-31: $4.2B Reported value, 2022-06-30: $3.7B Reported value, 2022-09-30: $3.4B Reported value, 2022-12-31: $3.7B Reported value, 2023-03-31: $4B Reported value, 2023-06-30: $4.5B Reported value, 2023-09-30: $4.4B Reported value, 2023-12-31: $4.8B Reported value, 2024-03-31: $5.1B Reported value, 2024-06-30: $5.2B Reported value, 2024-09-30: $5.4B Reported value, 2024-12-31: $5.3B Reported value, 2025-03-31: $5B Reported value, 2025-06-30: $5.5B Reported value, 2025-09-30: $6B Reported value, 2025-12-31: $5.8B Reported value, 2026-03-31: $5.7B Reported value, 2026-06-30: $6.7B 2013-12-31 2016-06-30 2018-12-31 2021-06-30 2023-12-31 2026-06-30 $6.7B
View chart data
Period Reported value
2013-12-31 $2.1B
2014-03-31 $2.1B
2014-06-30 $2.2B
2014-09-30 $2.1B
2014-12-31 $2.2B
2015-03-31 $2.1B
2015-06-30 $2.1B
2015-09-30 $1.9B
2015-12-31 $2B
2016-03-31 $1.9B
2016-06-30 $1.9B
2016-09-30 $1.9B
2016-12-31 $1.9B
2017-03-31 $2B
2017-06-30 $2B
2017-09-30 $2.1B
2017-12-31 $2.2B
2018-03-31 $2.2B
2018-06-30 $2.2B
2018-09-30 $2.3B
2018-12-31 $1.8B
2019-03-31 $2B
2019-06-30 $2B
2019-09-30 $1.9B
2019-12-31 $2B
2020-03-31 $1.4B
2020-06-30 $1.7B
2020-09-30 $2.2B
2020-12-31 $3.5B
2021-03-31 $3.8B
2021-06-30 $4.1B
2021-09-30 $4.1B
2021-12-31 $4.6B
2022-03-31 $4.2B
2022-06-30 $3.7B
2022-09-30 $3.4B
2022-12-31 $3.7B
2023-03-31 $4B
2023-06-30 $4.5B
2023-09-30 $4.4B
2023-12-31 $4.8B
2024-03-31 $5.1B
2024-06-30 $5.2B
2024-09-30 $5.4B
2024-12-31 $5.3B
2025-03-31 $5B
2025-06-30 $5.5B
2025-09-30 $6B
2025-12-31 $5.8B
2026-03-31 $5.7B
2026-06-30 $6.7B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
NVDANVIDIA Corporation5.35%$360.4m1.80M−0.8% Reduced
AAPLApple Inc.4.69%$316.2m1.09M−0.4%
MSFTMicrosoft Corporation3.06%$206.1m552.6K−0.5%
AMZNAmazon2.65%$178.9m750.8K−0.3%
GOOGLAlphabet Inc. (Class A)2.31%$155.6m435.3K0.0%
MUMicron Technology2.23%$150.2m130.1K−0.9% Reduced
AVGOBroadcom1.98%$133.1m352.4K−0.6% Reduced
TSLATesla, Inc.1.62%$109.4m260.2K−0.7% Reduced
AMDAdvanced Micro Devices1.62%$109.3m188.1K−1.1% Reduced
METAMeta Platforms1.51%$102.1m181.2K−0.3%
INTCIntel1.17%$78.8m564.6K−0.5%
AMATApplied Materials0.98%$66.3m91.7K−0.9% Reduced
LRCXLam Research0.93%$62.5m144.3K−0.9% Reduced
WMTWalmart0.90%$60.9m537.7K−1.2% Reduced
CSCOCisco0.79%$53.5m455.3K−1.2% Reduced
LLYLilly (Eli)0.72%$48.5m40.4K0.0%
COSTCostco0.71%$47.9m51.2K−1.2% Reduced
KLACKLA Corporation0.68%$45.5m150.8K+885.6% Added
JPMJPMorgan Chase0.67%$44.8m136.9K−0.4%
SNDKSandisk0.58%$38.9m17.1K+128.0% Added
NFLXNetflix0.52%$34.7m486.0K−1.3% Reduced
PANWPalo Alto Networks0.47%$32.0m93.9K−0.9% Reduced
TXNTexas Instruments0.46%$31.3m105.0K−0.8% Reduced
JNJJohnson & Johnson0.46%$31.2m123.0K+0.2%
PLTRPalantir Technologies Inc.0.46%$30.9m264.9K−0.7% Reduced
MRVLMarvell Technology0.45%$30.1m100.9K+76.4% Added
VVisa Inc.0.43%$29.1m84.8K−1.1% Reduced
LINLinde plc0.41%$27.7m53.3K−1.7% Reduced
WDCWestern Digital0.38%$25.4m39.8K+0.5% Added
CATCaterpillar Inc.0.37%$25.0m23.5K−0.8% Reduced
STXSeagate Technology0.37%$25.0m25.9K+2.0% Added
ABBVAbbVie0.34%$22.7m90.3K+0.2%
AMGNAmgen0.34%$22.6m62.3K−0.8% Reduced
QCOMQualcomm0.33%$22.5m121.7K−2.2% Reduced
CRWDCrowdStrike0.33%$22.4m29.4K0.0%
ADIAnalog Devices0.33%$22.3m56.2K−1.4% Reduced
PEPPepsiCo0.32%$21.4m157.7K−1.1% Reduced
MAMastercard0.31%$21.2m41.2K−0.7% Reduced
GEGE Aerospace0.29%$19.9m53.3K−0.2%
UNHUnitedHealth Group0.29%$19.3m46.4K+0.4%
BACBank of America0.28%$19.0m333.6K−1.4% Reduced
GILDGilead Sciences0.27%$18.1m143.2K−1.1% Reduced
HDThe Home Depot0.27%$18.0m50.9K+0.4%
PGProcter & Gamble0.26%$17.5m119.0K+0.5% Added
APPApplovin Corp0.26%$17.2m33.4K−1.8% Reduced
ISRGIntuitive Surgical0.24%$16.3m40.9K−1.2% Reduced
MRKMerck & Co.0.24%$16.2m126.2K−0.2%
GEVGE Vernova0.24%$16.1m13.7K0.0%
KOThe Coca-Cola Company0.24%$16.1m197.9K+0.3%
BKNGBooking Holdings0.24%$15.9m89.4K+2316.2% Added
CVXChevron Corporation0.23%$15.9m95.7K+0.2%
TMUST-Mobile US0.23%$15.7m93.4K−3.2% Reduced
GSGoldman Sachs0.23%$15.3m15.1K−1.3% Reduced
VRTXVertex Pharmaceuticals0.22%$14.6m29.3K−1.0% Reduced
PMPhilip Morris International0.21%$14.4m79.6K+0.4%
IBMIBM0.20%$13.5m48.0K+0.8% Added
SBUXStarbucks0.20%$13.4m131.5K−1.1% Reduced
RTXRTX Corporation0.19%$13.1m68.8K+0.6% Added
WFCWells Fargo0.19%$12.9m156.4K−0.8% Reduced
MSMorgan Stanley0.19%$12.8m61.3K0.0%
ORCLOracle Corporation0.19%$12.7m86.7K+0.3%
CCitigroup0.18%$12.2m87.2K−2.1% Reduced
FTNTFortinet0.18%$12.1m78.9K−2.4% Reduced
CDNSCadence Design Systems Inc0.18%$11.9m31.8K−0.6% Reduced
ASMLAsml Holding NV0.17%$11.7m5.9K+1.7% Added
APHAmphenol0.17%$11.1m62.9K+0.5%
MARMarriott International0.15%$10.5m28.2K−1.4% Reduced
ADPAutomatic Data Processing0.15%$10.3m46.1K−1.9% Reduced
GLWCorning Inc.0.15%$10.2m40.0K+0.5% Added
CSXCSX Corporation0.15%$10.2m214.5K−1.2% Reduced
CMCSAComcast0.15%$10.1m411.2K−1.8% Reduced
DDOGDatadog, Inc.0.15%$9.9m38.2K−0.3%
SNPSSynopsys Inc0.15%$9.9m22.1K−0.9% Reduced
MCDMcDonald's0.15%$9.8m36.3K0.0%
CEGConstellation Energy0.15%$9.8m39.5K−0.5% Reduced
ARMARM Holdings PLC0.14%$9.7m27.3K+196.7% Added
ADBEAdobe Inc.0.14%$9.6m46.7K−2.1% Reduced
MNSTMonster Beverage0.14%$9.6m99.4K−1.2% Reduced
TMOThermo Fisher Scientific0.14%$9.5m19.0K−0.5% Reduced
NEENextEra Energy0.14%$9.4m106.6K+0.5%
AXPAmerican Express0.14%$9.2m27.2K−0.4%
TWLOTwilio Inc0.14%$9.2m44.4K+0.9% Added
VZVerizon0.13%$9.0m213.4K−0.7% Reduced
ANETArista Networks0.13%$9.0m52.8K+0.4%
SHOPShopify Inc.0.13%$9.0m78.4K−2.6% Reduced
CRSCarpenter Technology Corp0.13%$8.9m14.5K+0.7% Added
ORLYO'Reilly Automotive0.13%$8.8m95.7K−2.3% Reduced
MKSIMKS Inc0.13%$8.8m19.8K+1.5% Added
TERTeradyne0.13%$8.8m18.1K+126.3% Added
BABoeing0.13%$8.7m40.3K+0.8% Added
AEPAmerican Electric Power0.13%$8.6m62.8K−0.5%
MDLZMondelez International0.13%$8.6m148.1K−0.9% Reduced
TJXTJX Companies0.13%$8.6m56.5K−0.2%
DISThe Walt Disney Company0.13%$8.5m88.7K−1.8% Reduced
ETNEaton Corporation0.13%$8.4m19.8K0.0%
DASHDoorDash0.13%$8.4m45.7K−0.7% Reduced
INTUIntuit0.12%$8.3m31.7K−2.2% Reduced
UNPUnion Pacific Corporation0.12%$8.2m30.3K+0.3%
WELLWelltower0.12%$8.2m36.1K+1.4% Added
CWCurtiss Wright Corp0.12%$8.2m10.8K+0.9% Added
HONHoneywell Technologies0.12%$8.2m36.5KNew
NXPINXP Semiconductors0.12%$8.2m29.1K−1.0% Reduced
DEDeere & Company0.12%$8.1m12.8K0.0%
HONAHoneywell Aerospace0.12%$8.1m36.5KNew
ABTAbbott Laboratories0.12%$8.1m89.0K+0.5%
NVTnVent Electric plc0.12%$8.0m47.3K+1.1% Added
ENTGEntegris Inc0.12%$8.0m44.6K+1.1% Added
ROSTRoss Stores0.12%$7.9m37.2K−1.3% Reduced
MPWRMonolithic Power Systems, Inc.0.12%$7.9m5.7K0.0%
ATIATI Inc0.12%$7.9m39.9K+1.3% Added
ILMNIllumina, Inc.0.12%$7.8m44.3K0.0%
FTITechnipFMC plc0.12%$7.7m116.7K−0.5% Reduced
LITELumentum0.12%$7.7m9.0K+150.0% Added
SCHWCharles Schwab Corporation0.11%$7.7m83.5K−1.9% Reduced
STRLSterling Infrastructure, Inc.0.11%$7.6m9.0K+1.1% Added
UBERUber0.11%$7.5m104.0K−0.9% Reduced
MTZMastec Inc0.11%$7.5m18.0K+1.1% Added
WWDWoodward, Inc.0.11%$7.4m17.4K+0.6% Added
TAT&T0.11%$7.4m355.1K−0.5%
CTASCintas0.11%$7.3m43.1K−1.1% Reduced
MTSIMacom Technology Solutions Holdings, Inc.0.11%$7.3m19.2K+2.7% Added
REGNRegeneron Pharmaceuticals0.11%$7.3m11.7K−1.7% Reduced
PCARPaccar0.11%$7.3m60.7K−1.0% Reduced
PEverpure0.11%$7.3m92.3K+1.5% Added
BLKBlackRock0.11%$7.1m7.4K0.0%
XPOXPO, Inc.0.10%$7.1m34.4K+1.2% Added
PFEPfizer0.10%$7.0m291.3K+0.5% Added
ABNBAirbnb0.10%$6.9m48.3K−2.2% Reduced
CVSCVS Health0.10%$6.7m65.2K+0.6% Added
UTHRUnited Therapeutics Corp0.10%$6.7m12.4K−0.8% Reduced
OKTAOkta, Inc.0.10%$6.7m49.1K0.0%
USFDUS Foods Holding Corp.0.10%$6.6m64.4K+0.8% Added
VRTVertiv0.10%$6.6m19.6K+0.5% Added
CRMSalesforce0.10%$6.5m41.8K−12.6% Reduced
PGRProgressive Corporation0.10%$6.5m29.9K0.0%
COPConocoPhillips0.10%$6.5m62.3K−0.2%
PLDPrologis0.10%$6.4m47.6K+0.4%
DELLDell Technologies0.10%$6.4m14.8K−2.0% Reduced
COFCapital One0.10%$6.4m31.8K−0.3%
FASTFastenal0.09%$6.4m132.5K−1.0% Reduced
BKRBaker Hughes0.09%$6.4m114.5K−0.7% Reduced
RBARB Global Inc.0.09%$6.3m54.5K+1.3% Added
SPGIS&P Global0.09%$6.3m15.5K−0.6% Reduced
LOWLowe's0.09%$6.3m28.6K0.0%
CBChubb Limited0.09%$6.3m18.4K−0.5% Reduced
PHParker Hannifin0.09%$6.3m6.4K0.0%
MOAltria0.09%$6.1m85.3K−0.2%
LSCCLattice Semiconductor Corp0.09%$6.1m40.1K+1.0% Added
DHRDanaher Corporation0.09%$6.1m32.2K+0.3%
BMYBristol Myers Squibb0.09%$6.0m104.4K+0.6% Added
CompanyBought (value)Shares
KLACKLA Corporation$40.9m135.5K
SNDKSandisk$21.8m9.6K
BKNGBooking Holdings$15.3m85.7K
MRVLMarvell Technology$13.0m43.7K
HONHoneywell Technologies$8.2m36.5K
HONAHoneywell Aerospace$8.1m36.5K
ARMARM Holdings PLC$6.4m18.1K
ALABAstera Labs, Inc.$5.3m11.0K
ROKURoku, Inc$5.3m38.4K
CDECoeur Mining, Inc.$4.9m302.7K
TERTeradyne$4.9m10.1K
LITELumentum$4.6m5.4K
NBISNebius Group N.V.$3.9m14.2K
TOSTToast, Inc.$3.8m137.3K
RKLBRocket Lab Corp$3.8m37.2K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
FLEXFlex Ltd.−$14.2m−87.8K
CASYCasey's−$7.0m−8.8K
NVDANVIDIA Corporation−$3.0m−15.2K
INSMInsmed Inc−$2.3m−14.2K
SMTCSemtech Corp−$2.2m−13.8K
SANMSanmina Corp−$2.2m−8.5K
VRSKVerisk Analytics, Inc.−$1.7m−9.5K
VIAVViavi Solutions Inc.−$1.6m−34.2K
ZSZscaler, Inc.−$1.5m−10.6K
AAPLApple Inc.−$1.4m−4.9K
MUMicron Technology−$1.4m−1.2K
CTSHCognizant−$1.2m−31.6K
AMDAdvanced Micro Devices−$1.2m−2.1K
CHTRCharter Communications−$1.2m−8.4K
DOCNDigitalocean Holdings, Inc.−$1.0m−6.6K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
INSMInsmed Inc$2.3m14.2K
ZSZscaler, Inc.$1.5m10.6K
TEAMAtlassian Corp$757,57511.1K
BRBRBellring Brands, Inc.$547,06034.0K
PRAAPRA Group Inc$302,75017.3K
IIINInsteel Industries Inc$289,0468.6K
OXMOxford Industries Inc$238,7626.2K
VITLVital Farms, Inc.$232,98016.5K
EMBCEmbecta Corp.$232,49226.3K
UHTUniversal Health Realty Income Trust$230,6795.7K
ETDEthan Allen Interiors Inc$229,27810.3K
MNROMonro, Inc.$213,33213.3K
CTKBCytek Biosciences, Inc.$213,25648.8K
SSTKShutterstock, Inc.$177,72710.7K
GDYNGrid Dynamics Holdings, Inc.$167,01029.3K
TWITitan International Inc$147,18321.3K
GOGOGogo Inc.$138,28834.4K
  • Technology38.6%
  • Industrials11.3%
  • Consumer Discretionary10.6%
  • Financials9.9%
  • Health Care8.4%
  • Communication Services6.3%
  • Consumer Staples4.7%
  • Materials2.8%
  • Real Estate2.8%
  • Energy2.5%
  • Utilities2.2%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestFebruary 7, 2014 to November 2, 2026+13.7%+13.8%0.710.76−33.9%1.05
2018 onwardsJanuary 5, 2018 to November 2, 2026+13.0%+13.9%0.590.66−33.9%1.05
Last three yearsNovember 3, 2023 to November 2, 2026+20.1%+21.8%1.001.16−18.4%1.05
Last yearNovember 7, 2025 to November 2, 2026+13.5%+14.2%0.760.84−7.9%0.99

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.