LS
Louisiana State Employees Retirement System 13F Filings Tracker & Latest Positions (Q3 2026)
Louisiana State Employees Retirement SystemCIK: 0001537191
Diversified strategyContrarianLong-term holder
Total reported value
$6.6B
Reporting period: 2026-09-30 · Number of holdings: 1607
Louisiana State Employees Retirement System disclosed 1607 holdings in its latest 13F filing for the period ending 2026-09-30, with total reported value of $6.6B and a quarterly turnover rate of 17.3%.
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Personality snowflake
- Concentration
- 5.16
- Portfolio Stability
- 17.34
- Momentum
- 30.38
- Sector conviction
- 63.98
- Diversification
- 100
- Sizing Uniformity
- 56.83
Louisiana State Employees Retirement System's disclosed holdings carry a Herfindahl concentration index of 0.013 — mathematically equivalent to about 77 equally-sized positions, well below its 1607 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 4.32), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govAdd MSFT
-3.2% $68.2M
Add NVDA
-3.4% $37.1M
Add AAPL
-3.8% $33.8M
New buy 84615Q103
New buy 30233Q108
Add META
-2.7% $25.8M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 1607 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | Stock-Tech | 6.06% | +0.71% | -3.38% | |
| 2 | AAPL | Apple Inc | Stock-Tech | 5.34% | +0.65% | -3.83% | |
| 3 | MSFT | Microsoft CORP | Stock-Tech | 4.18% | +1.12% | -3.22% | |
| 4 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 2.77% | +0.12% | -2.90% | |
| 5 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 2.22% | -0.09% | -2.92% | |
| 6 | MU | Micron Technology Inc | Stock-Tech | 2.06% | -0.17% | -2.61% | |
| 7 | META | Meta Platforms Inc-class A | Stock-Comm Services | 1.95% | +0.44% | -2.70% | |
| 8 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 1.87% | -0.06% | -2.33% | |
| 9 | AVGO | Broadcom Inc | Stock-Tech | 1.83% | -0.14% | -2.78% | |
| 10 | AMD | Advanced Micro Devices | Stock-Tech | 1.71% | +0.09% | -2.60% | |
| 11 | TSLA | Tesla Inc | Stock-Consumer Disc | 1.40% | -0.22% | -0.61% | |
| 12 | INTC | Intel CORP | Stock-Tech | 1.06% | -0.11% | +1.95% | |
| 13 | WMT | Walmart Inc | Stock-Consumer Staples | 0.83% | -0.07% | -2.21% | |
| 14 | SPYM | Ste Str Spdr Pt S&p 500 ETF | ETF-Large Cap & Growth | 0.79% | +0.09% | +6.43% | |
| 15 | PLTR | Palantir Technologies Inc-a | Stock-Tech | 0.74% | +0.28% | -2.53% | |
| 16 | CSCO | Cisco Systems Inc | Stock-Tech | 0.73% | -0.06% | -2.86% | |
| 17 | LRCX | Lam Research CORP | Stock-Tech | 0.70% | -0.23% | -2.70% | |
| 18 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.70% | — | -2.24% | |
| 19 | LLY | Eli Lilly & Co | Stock-Healthcare | 0.70% | -0.02% | -2.48% | |
| 20 | AMAT | Applied Materials Inc | Stock-Tech | 0.69% | -0.29% | -2.94% | |
| 21 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.69% | -0.02% | -2.73% | |
| 22 | JPM | Jpmorgan Chase & Co | Stock-Financials | 0.66% | — | -4.53% | |
| 23 | ✓ | Stock-Other | 0.62% | +0.62% | NEW | ||
| 24 | PANW | Palo Alto Networks Inc | Stock-Tech | 0.55% | +0.07% | -2.56% | |
| 25 | ✓ | Stock-Other | 0.50% | +0.50% | NEW | ||
| 26 | NFLX | Netflix Inc | Stock-Comm Services | 0.50% | -0.01% | -3.85% | |
| 27 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.48% | +0.02% | -3.66% | |
| 28 | CRWD | Crowdstrike Holdings Inc - A | Stock-Tech | 0.46% | +0.13% | +289.80% | |
| 29 | V | Visa Inc-class A Shares | Stock-Financials | 0.46% | +0.03% | -1.18% | |
| 30 | TXN | Texas Instruments Inc | Stock-Tech | 0.44% | -0.02% | -2.38% | |
| 31 | KLAC | Kla CORP | Stock-Tech | 0.44% | -0.23% | -2.72% | |
| 32 | SNDK | Sandisk CORP | Stock-Tech | 0.44% | -0.14% | -4.09% | |
| 33 | MRVL | Marvell Technology Inc | Stock-Tech | 0.40% | -0.05% | -2.48% | |
| 34 | AMGN | Amgen Inc | Stock-Healthcare | 0.39% | +0.06% | -2.57% | |
| 35 | LIN | Linde plc | Stock-Materials | 0.37% | -0.04% | -2.81% | |
| 36 | STX | Seagate Technology Holdings plc | Stock-Tech | 0.36% | -0.01% | -1.93% | |
| 37 | ABBV | Abbvie Inc | Stock-Healthcare | 0.35% | +0.01% | -3.77% | |
| 38 | MA | Mastercard Inc - A | Stock-Financials | 0.33% | +0.02% | -3.40% | |
| 39 | QCOM | Qualcomm Inc | Stock-Tech | 0.33% | — | -2.47% | |
| 40 | ADI | Analog Devices Inc | Stock-Tech | 0.33% | — | -3.02% | |
| 41 | GILD | Gilead Sciences Inc | Stock-Healthcare | 0.32% | +0.05% | -2.79% | |
| 42 | CVX | Chevron CORP | Stock-Energy | 0.30% | +0.06% | +1.57% | |
| 43 | PEP | Pepsico Inc | Stock-Consumer Staples | 0.30% | -0.02% | -2.92% | |
| 44 | WDC | Western Digital CORP | Stock-Tech | 0.28% | -0.10% | +1.51% | |
| 45 | CAT | Caterpillar Inc | Stock-Industrials | 0.28% | -0.09% | -3.83% | |
| 46 | MRK | Merck & Co. Inc. | Stock-Healthcare | 0.27% | +0.03% | -3.88% | |
| 47 | QQQ | Invesco Qqq Trust Series 1 | ETF-Tech | 0.27% | -0.20% | -44.99% | |
| 48 | BAC | Bank Of America CORP | Stock-Financials | 0.27% | -0.01% | -4.14% | |
| 49 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.25% | -0.01% | -3.95% | |
| 50 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.25% | +0.01% | -3.79% |
1–50 of 200
Portfolio Performance
Performance for Q4 2026
0%
Performance Last 4 Quarters
+13.8%
- Stdev
- +13.3%
- Beta
- +1.06
- Alpha
- -3.6%
- Max Drawdown
- -10.4%
- Annualized Perf
- +21.3%
- Batting Avg vs S&P
- +41.7%
- Sortino
- +3.34
- Stutzer
- +0.45
- Treynor
- +0.19
- Sterling
- +1.27
- Calmar
- +2.06
- Information Ratio
- -0.68
- Tracking Error
- +3.3%
- Stdev Down
- +6.1%
- Winning Months %
- +66.7%
- Losing Months %
- +33.3%
- Best 12 Months
- +35.7%
- Worst 12 Months
- +2.8%
- Efficiency Ratio
- +0.67
- Sharpe
- +1.52
- Stdev Sectors
- +10.5%
- Skewness
- +0.22
- Kurtosis
- +0.12
- Upside Potential
- +4.88
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q3 | 1607 | $6.6B | 17 | ||
| 2026 Q2 | 1612 | $6.7B | 25 | ||
| 2026 Q1 | 1604 | $5.7B | 17 | ||
| 2025 Q4 | 1608 | $5.8B | 14 | ||
| 2025 Q3 | 1604 | $6.0B | 25 | ||
| 2025 Q2 | 1605 | $5.5B | 0 | ||
| 2025 Q1 | 1603 | $5.0B | 100 | ||
| 2024 Q4 | 1596 | $5.3B | 0 | ||
| 2024 Q3 | 1607 | $5.4B | 0 | ||
| 2024 Q2 | 1604 | $5.2B | 0 | ||
| 2024 Q1 | 1609 | $5.1B | 0 | ||
| 2023 Q4 | 1611 | $4.8B | 0 | ||
| 2023 Q3 | 1602 | $4.4B | 0 | ||
| 2023 Q2 | 1603 | $4.5B | 0 | ||
| 2023 Q1 | 1588 | $4.0B | 0 | ||
| 2022 Q4 | 1585 | $3.7B | 0 | ||
| 2022 Q3 | 1579 | $3.4B | 0 | ||
| 2022 Q2 | 1588 | $3.7B | 0 | ||
| 2022 Q1 | 1590 | $4.2B | 0 | ||
| 2021 Q4 | 1597 | $4.6B | 0 | ||
| 2021 Q3 | 1593 | $4.1B | 0 | ||
| 2021 Q2 | 1592 | $4.1B | 96 | ||
| 2021 Q1 | 1591 | $3.8B | 14 | ||
| 2020 Q4 | 1572 | $3.5B | 47 | ||
| 2020 Q3 | 1450 | $2.2B | 29 | ||
| 2020 Q2 | 1340 | $1.7B | 25 | ||
| 2020 Q1 | 1293 | $1.4B | 39 | ||
| 2019 Q4 | 1432 | $2.0B | 13 | ||
| 2019 Q3 | 1431 | $1.9B | 12 | ||
| 2019 Q2 | 1439 | $2.0B | 12 | ||
| 2019 Q1 | 1444 | $2.0B | 17 | ||
| 2018 Q4 | 1427 | $1.8B | 30 | ||
| 2018 Q3 | 1475 | $2.3B | 12 | ||
| 2018 Q2 | 1477 | $2.2B | 13 | ||
| 2018 Q1 | 1469 | $2.2B | 11 | ||
| 2017 Q4 | 1466 | $2.2B | 10 | ||
| 2017 Q3 | 1454 | $2.1B | 12 | ||
| 2017 Q2 | 1442 | $2.0B | 11 | ||
| 2017 Q1 | 1445 | $2.0B | 11 | ||
| 2016 Q4 | 1440 | $1.9B | 11 | ||
| 2016 Q3 | 1445 | $1.9B | 13 | ||
| 2016 Q2 | 1441 | $1.9B | 12 | ||
| 2016 Q1 | 1441 | $1.9B | 13 | ||
| 2015 Q4 | 1442 | $2.0B | 14 | ||
| 2015 Q3 | 1444 | $1.9B | 16 | ||
| 2015 Q2 | 1453 | $2.1B | 11 | ||
| 2015 Q1 | 1454 | $2.1B | 13 | ||
| 2014 Q4 | 1459 | $2.2B | 13 | ||
| 2014 Q3 | 1457 | $2.1B | 10 | ||
| 2014 Q2 | 1459 | $2.2B | 10 | ||
| 2014 Q1 | 1461 | $2.1B | 10 | ||
| 2013 Q4 | 1459 | $2.1B | 0 |
Holding changes this quarter
Louisiana State Employees Retirement System's most significant position changes for 2026-09-30: New buy: ; New buy: ; Sold out: Exxon Mobil CORP (XOM); Sold out: Electronic Arts Inc (EA); New buy: Bloom Energy Corp- A (BE).
Showing top 200 changes by size (of 1553 total)
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | +1.1% | -3.22% | Trim |
| 2 | NVDA | Nvidia CORP | +0.7% | -3.38% | Trim |
| 3 | AAPL | Apple Inc | +0.7% | -3.83% | Trim |
| 4 | ✓ | +0.6% | NEW | New buy | |
| 5 | ✓ | +0.5% | NEW | New buy | |
| 6 | META | Meta Platforms Inc-class A | +0.4% | -2.70% | Trim |
| 7 | PLTR | Palantir Technologies Inc-a | +0.3% | -2.53% | Trim |
| 8 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | +289.80% | Add |
| 9 | AMZN | Amazon.com Inc | +0.1% | -2.90% | Trim |
| 10 | SPYM | Ste Str Spdr Pt S&p 500 ETF | +0.1% | +6.43% | Add |
| 11 | AMD | Advanced Micro Devices | +0.1% | -2.60% | Trim |
| 12 | PANW | Palo Alto Networks Inc | +0.1% | -2.56% | Trim |
| 13 | TWLO | Twilio Inc - A | +0.1% | +2.70% | Add |
| 14 | BE | Bloom Energy Corp- A | +0.1% | NEW | New buy |
| 15 | SUI | Sun Communities Inc | +0.1% | NEW | New buy |
| 16 | CVX | Chevron CORP | +0.1% | +1.57% | Add |
| 17 | OKTA | Okta Inc | +0.1% | +0.41% | Add |
| 18 | AMGN | Amgen Inc | +0.1% | -2.57% | Trim |
| 19 | AGNC | Agnc Investment CORP | +0.1% | NEW | New buy |
| 20 | HUBS | Hubspot Inc | +0.1% | NEW | New buy |
| 21 | TMO | Thermo Fisher Scientific Inc | +0.1% | -4.21% | Trim |
| 22 | GILD | Gilead Sciences Inc | +0.1% | -2.79% | Trim |
| 23 | ✓ | 0% | NEW | New buy | |
| 24 | ALSN | Allison Transmission Holding | 0% | NEW | New buy |
| 25 | CRM | Salesforce Inc | 0% | -3.59% | Trim |
| 26 | ✓ | 0% | NEW | New buy | |
| 27 | SHOP | Shopify Inc - Class A | 0% | -2.81% | Trim |
| 28 | TAP | Molson Coors Beverage Co - B | 0% | +728.05% | Add |
| 29 | LITE | Lumentum Holdings Inc | 0% | +12.22% | Add |
| 30 | MRNA | Moderna Inc | 0% | +1.67% | Add |
| 31 | ✓ | 0% | NEW | New buy | |
| 32 | BLDR | Builders Firstsource Inc | 0% | +732.73% | Add |
| 33 | FERG | Ferguson Enterprises Inc | 0% | NEW | New buy |
| 34 | AXTI | Axt Inc | 0% | NEW | New buy |
| 35 | SEI | Solaris Energy Infrastructur | 0% | NEW | New buy |
| 36 | DK | Delek US Holdings Inc | 0% | NEW | New buy |
| 37 | ROAD | Construction Partners Inc-a | 0% | NEW | New buy |
| 38 | DINO | Hf Sinclair CORP | 0% | +2.46% | Add |
| 39 | KRMN | Karman Holdings Inc | 0% | NEW | New buy |
| 40 | TENB | Tenable Holdings Inc | 0% | NEW | New buy |
| 41 | NTNX | Nutanix Inc - A | 0% | +3.48% | Add |
| 42 | DELL | Dell Technologies -c | 0% | +0.68% | Add |
| 43 | FTNT | Fortinet Inc | 0% | -2.92% | Trim |
| 44 | PSX | Phillips 66 | 0% | -4.39% | Trim |
| 45 | ANET | Arista Networks Inc | 0% | -2.46% | Trim |
| 46 | MRK | Merck & Co. Inc. | 0% | -3.88% | Trim |
| 47 | ADP | Automatic Data Processing | 0% | -3.47% | Trim |
| 48 | V | Visa Inc-class A Shares | 0% | -1.18% | Trim |
| 49 | TTD | Trade Desk Inc/the -class A | 0% | +733.95% | Add |
| 50 | MSTR | Strategy Inc | 0% | +7.98% | Add |
1–50 of 200
Filing History
FAQ
What is Louisiana State Employees Retirement System and what type of investor is it?
Louisiana State Employees Retirement System is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-09-30), the firm manages a tracked equity portfolio valued at approximately $6.6B, spread across 1607 disclosed positions.
What are Louisiana State Employees Retirement System's largest equity positions?
Based on the latest 13F filing, Louisiana State Employees Retirement System's top holdings by market value are:
1. Nvidia CORP (NVDA) — $397.5M (6.1%)
2. Apple Inc (AAPL) — $350.0M (5.3%)
3. Microsoft CORP (MSFT) — $274.3M (4.2%)
4. Amazon.com Inc (AMZN) — $181.6M (2.8%)
5. Alphabet Inc-cl A (GOOGL) — $145.4M (2.2%)
What changes did Louisiana State Employees Retirement System make in its most recent portfolio filing?
In the latest reported quarter, Louisiana State Employees Retirement System made 197 notable position adjustments: 24 new positions were initiated, 52 existing holdings were added to, 110 positions were partially reduced, and 11 were completely exited. The largest of these moves: New buy: ; New buy: ; Sold out: Exxon Mobil CORP (XOM); Sold out: Electronic Arts Inc (EA); New buy: Bloom Energy Corp- A (BE)
What sectors does Louisiana State Employees Retirement System focus on?
Louisiana State Employees Retirement System is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 41.0%
• Consumer Discretionary: 9.9%
• Industrials: 9.3%
• Communication Services: 8.9%
• Financials: 8.5%
• Health Care: 8.3%
Investment Profile
Louisiana State Employees Retirement System returned an annualized 21.3% over the trailing 36 months — underperforming the S&P 500 by 3.6 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 1.06 (roughly in line with the market) and a 42% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 41.0% of the portfolio concentrated in Information Technology.
It has added to its NVDA position over the past two quarters (+$80.7M, now $397.5M), while trimming NFLX over the same stretch (-$14.8M, still holding $32.5M).
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Developer Access
Access Louisiana State Employees Retirement System's institutional profile programmatically:
REST API
curl https://alphasmo.com/api/v1/institutions/louisiana-state-employees-retirement-systemCLI
npx alphasmo institutions get louisiana-state-employees-retirement-system