Filed: 11/14/2025ACC: 0001548392-25-000009
📋 What this filing means
UTAH RETIREMENT SYSTEMS filed this quarterly 13F‑HR report disclosing 987 equity positions with a total reported market value of $10.30B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
987
Positions
$10.30B
Total AUM (reported)
77.75M
Total Shares
Allocation by class
COM$8.00B77.7%
CL A$704.20M6.8%
COM NEW$304.54M3.0%
CAP STK CL A$233.50M2.3%
COM CL A$197.05M1.9%
CAP STK CL C$190.47M1.9%
SHS$167.93M1.6%
Portfolio Concentration
Top 3$1.97B19.1%
4–10$1.64B15.9%
11–25$1.17B11.4%
Rest$5.51B53.6%
Top 3 weight
19.1%
Top 10 weight
35.1%
Voting Authority Distribution
Total shares with voting rights: 77.75M
Sole
Full voting authority
77.75M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole987
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings987
Rows:
NVIDIA CORPORATION
SOLEShares3.87M
TypeSH
Market value$721.61M
7.01%
Sole
3.87M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares1.23M
TypeSH
Market value$634.75M
6.17%
Sole
1.23M
Shared
0.00
None
0.00
APPLE INC
SOLEShares2.41M
TypeSH
Market value$613.44M
5.96%
Sole
2.41M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares1.59M
TypeSH
Market value$348.05M
3.38%
Sole
1.59M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares360.72K
TypeSH
Market value$264.90M
2.57%
Sole
360.72K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares763.10K
TypeSH
Market value$251.76M
2.45%
Sole
763.10K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares960.50K
TypeSH
Market value$233.50M
2.27%
Sole
960.50K
Shared
0.00
None
0.00
TESLA INC
SOLEShares464.74K
TypeSH
Market value$206.68M
2.01%
Sole
464.74K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares782.06K
TypeSH
Market value$190.47M
1.85%
Sole
782.06K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares458.86K
TypeSH
Market value$144.74M
1.41%
Sole
458.86K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares243.69K
TypeSH
Market value$122.51M
1.19%
Sole
243.69K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares132.39K
TypeSH
Market value$101.01M
0.98%
Sole
132.39K
Shared
0.00
None
0.00
VISA INC
SOLEShares281.37K
TypeSH
Market value$96.05M
0.93%
Sole
281.37K
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares70.04K
TypeSH
Market value$83.97M
0.82%
Sole
70.04K
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares716K
TypeSH
Market value$80.73M
0.78%
Sole
716K
Shared
0.00
None
0.00
ORACLE CORP
SOLEShares273.54K
TypeSH
Market value$76.93M
0.75%
Sole
273.54K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares134.47K
TypeSH
Market value$76.49M
0.74%
Sole
134.47K
Shared
0.00
None
0.00
WALMART INC
SOLEShares718.88K
TypeSH
Market value$74.09M
0.72%
Sole
718.88K
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares397.58K
TypeSH
Market value$73.72M
0.72%
Sole
397.58K
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares73.35K
TypeSH
Market value$67.90M
0.66%
Sole
73.35K
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares292.66K
TypeSH
Market value$67.76M
0.66%
Sole
292.66K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares164.54K
TypeSH
Market value$66.67M
0.65%
Sole
164.54K
Shared
0.00
None
0.00
PALANTIR TECHNOLOGIES INC
SOLEShares360.87K
TypeSH
Market value$65.83M
0.64%
Sole
360.87K
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares388.06K
TypeSH
Market value$59.63M
0.58%
Sole
388.06K
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares1.11M
TypeSH
Market value$57.50M
0.56%
Sole
1.11M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 3.87M | SH | $721.61M 7.01% | 3.87M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 1.23M | SH | $634.75M 6.17% | 1.23M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 2.41M | SH | $613.44M 5.96% | 2.41M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 1.59M | SH | $348.05M 3.38% | 1.59M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 360.72K | SH | $264.90M 2.57% | 360.72K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 763.10K | SH | $251.76M 2.45% | 763.10K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 960.50K | SH | $233.50M 2.27% | 960.50K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 464.74K | SH | $206.68M 2.01% | 464.74K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 782.06K | SH | $190.47M 1.85% | 782.06K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 458.86K | SH | $144.74M 1.41% | 458.86K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 243.69K | SH | $122.51M 1.19% | 243.69K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 132.39K | SH | $101.01M 0.98% | 132.39K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 281.37K | SH | $96.05M 0.93% | 281.37K | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 70.04K | SH | $83.97M 0.82% | 70.04K | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 716K | SH | $80.73M 0.78% | 716K | 0.00 | 0.00 |
ORACLE CORPSOLE | COM | 273.54K | SH | $76.93M 0.75% | 273.54K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 134.47K | SH | $76.49M 0.74% | 134.47K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 718.88K | SH | $74.09M 0.72% | 718.88K | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 397.58K | SH | $73.72M 0.72% | 397.58K | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 73.35K | SH | $67.90M 0.66% | 73.35K | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 292.66K | SH | $67.76M 0.66% | 292.66K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 164.54K | SH | $66.67M 0.65% | 164.54K | 0.00 | 0.00 |
PALANTIR TECHNOLOGIES INCSOLE | CL A | 360.87K | SH | $65.83M 0.64% | 360.87K | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 388.06K | SH | $59.63M 0.58% | 388.06K | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 1.11M | SH | $57.50M 0.56% | 1.11M | 0.00 | 0.00 |
Page 1 of 40
…