UR
Utah Retirement Systems 13F Holdings Tracker (Q2 2026)
Utah Retirement SystemsCIK: 0001548392
Diversified strategyMomentum followerLong-term holder
Total reported value
$10.5B
Reporting period: 2026-06-30 · Number of holdings: 1027
Utah Retirement Systems disclosed 1027 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $10.5B and a quarterly turnover rate of 18.5%.
Browse other institutions with $10B to $100B AUMBrowse other institutions starting with "U"
Personality snowflake
- Concentration
- 6.54
- Portfolio Stability
- 18.51
- Momentum
- 72.54
- Sector conviction
- 57.32
- Diversification
- 100
- Sizing Uniformity
- 60.25
Utah Retirement Systems's disclosed holdings carry a Herfindahl concentration index of 0.016 — mathematically equivalent to about 61 equally-sized positions, well below its 1027 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 3.97), 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 MU
-5.8% $136.2M
Add AMD
-5.7% $90.2M
Add INTC
-7.4% $61.3M
Trim MSFT
-6.5% -$25.6M
Add AMAT
-6.7% $42.9M
Trim XOM
-8.0% -$30.1M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 1027 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | NVDA | Nvidia CORP | Stock-Tech | 6.74% | -0.04% | -6.92% | |
| 2 | AAPL | Apple Inc | Stock-Tech | 6.04% | -0.04% | -6.28% | |
| 3 | MSFT | Microsoft CORP | Stock-Tech | 4.00% | -0.56% | -6.45% | |
| 4 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 3.34% | +0.02% | -5.56% | |
| 5 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 3.01% | +0.23% | -6.39% | |
| 6 | AVGO | Broadcom Inc | Stock-Tech | 2.54% | +0.16% | -5.93% | |
| 7 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 2.43% | +0.17% | -6.19% | |
| 8 | MU | Micron Technology Inc | Stock-Tech | 1.88% | +1.25% | -5.78% | |
| 9 | META | Meta Platforms Inc-class A | Stock-Comm Services | 1.79% | -0.29% | -5.98% | |
| 10 | TSLA | Tesla Inc | Stock-Consumer Disc | 1.77% | +0.03% | -3.32% | |
| 11 | LLY | Eli Lilly & Co | Stock-Healthcare | 1.38% | +0.16% | -6.94% | |
| 12 | AMD | Advanced Micro Devices | Stock-Tech | 1.36% | +0.82% | -5.68% | |
| 13 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.26% | -0.07% | -8.08% | |
| 14 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 1.11% | -0.07% | -2.70% | |
| 15 | INTC | Intel CORP | Stock-Tech | 0.88% | +0.56% | -7.35% | |
| 16 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.88% | -0.10% | -6.49% | |
| 17 | AMAT | Applied Materials Inc | Stock-Tech | 0.83% | +0.38% | -6.68% | |
| 18 | XOM | Exxon Mobil CORP | Stock-Energy | 0.82% | -0.37% | -8.01% | |
| 19 | V | Visa Inc-class A Shares | Stock-Financials | 0.82% | -0.03% | -8.40% | |
| 20 | LRCX | Lam Research CORP | Stock-Tech | 0.78% | +0.33% | -7.05% | |
| 21 | WMT | Walmart Inc | Stock-Consumer Staples | 0.72% | -0.18% | -5.78% | |
| 22 | CAT | Caterpillar Inc | Stock-Industrials | 0.70% | +0.15% | -8.39% | |
| 23 | CSCO | Cisco Systems Inc | Stock-Tech | 0.67% | +0.16% | -7.30% | |
| 24 | ABBV | Abbvie Inc | Stock-Healthcare | 0.64% | — | -6.67% | |
| 25 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.60% | -0.14% | -6.63% | |
| 26 | MA | Mastercard Inc - A | Stock-Financials | 0.60% | -0.07% | -6.23% | |
| 27 | KLAC | Kla CORP | Stock-Tech | 0.57% | +0.25% | +828.36% | |
| 28 | GE | General Electric | Stock-Industrials | 0.56% | +0.07% | -7.27% | |
| 29 | BAC | Bank Of America CORP | Stock-Financials | 0.54% | +0.01% | -5.96% | |
| 30 | UNH | Unitedhealth Group Inc | Stock-Healthcare | 0.54% | +0.13% | -7.33% | |
| 31 | HD | Home Depot Inc | Stock-Consumer Disc | 0.51% | -0.03% | -6.44% | |
| 32 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.49% | -0.07% | -7.29% | |
| 33 | SNDK | Sandisk CORP | Stock-Tech | 0.48% | +0.33% | -4.74% | |
| 34 | MRK | Merck & Co. Inc. | Stock-Healthcare | 0.46% | -0.04% | -7.04% | |
| 35 | GEV | GE Vernova Inc | Stock-Industrials | 0.46% | +0.07% | -6.93% | |
| 36 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.46% | -0.03% | -6.67% | |
| 37 | CVX | Chevron CORP | Stock-Energy | 0.44% | -0.20% | -7.52% | |
| 38 | NFLX | Netflix Inc | Stock-Comm Services | 0.43% | -0.25% | -7.55% | |
| 39 | GS | Goldman Sachs Group Inc | Stock-Financials | 0.42% | +0.01% | -8.35% | |
| 40 | PM | Philip Morris International | Stock-Consumer Staples | 0.41% | -0.02% | -6.52% | |
| 41 | PANW | Palo Alto Networks Inc | Stock-Tech | 0.40% | +0.19% | -5.86% | |
| 42 | TXN | Texas Instruments Inc | Stock-Tech | 0.39% | +0.10% | -6.14% | |
| 43 | IBM | Intl Business Machines CORP | Stock-Tech | 0.38% | +0.01% | -5.57% | |
| 44 | MRVL | Marvell Technology Inc | Stock-Tech | 0.38% | +0.24% | -3.77% | |
| 45 | PLTR | Palantir Technologies Inc-a | Stock-Tech | 0.37% | -0.16% | -5.06% | |
| 46 | RTX | Rtx CORP | Stock-Industrials | 0.37% | -0.06% | -5.85% | |
| 47 | WFC | Wells Fargo & Co | Stock-Financials | 0.37% | -0.04% | -7.63% | |
| 48 | ORCL | Oracle CORP | Stock-Tech | 0.36% | -0.05% | -4.93% | |
| 49 | LIN | Linde plc | Stock-Materials | 0.35% | -0.04% | -8.30% | |
| 50 | C | Citigroup Inc | Stock-Financials | 0.34% | +0.01% | -8.21% |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+2.5%
Performance Last 4 Quarters
+21%
- Stdev
- +12.9%
- Beta
- +0.99
- Alpha
- -0.8%
- Max Drawdown
- -8.3%
- Annualized Perf
- +19.8%
- Batting Avg vs S&P
- +52.8%
- Sortino
- +3.08
- Stutzer
- +0.44
- Treynor
- +0.19
- Sterling
- +1.24
- Calmar
- +2.4
- Information Ratio
- -0.65
- Tracking Error
- +1.5%
- Stdev Down
- +6.2%
- Winning Months %
- +69.4%
- Losing Months %
- +30.6%
- Best 12 Months
- +33%
- Worst 12 Months
- +6.3%
- Efficiency Ratio
- +0.62
- Sharpe
- +1.47
- Stdev Sectors
- +9.5%
- Skewness
- +0.09
- Kurtosis
- -0.14
- Upside Potential
- +4.68
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 1027 | $10.5B | 19 | ||
| 2026 Q1 | 974 | $9.8B | 16 | ||
| 2025 Q4 | 983 | $10.5B | 10 | ||
| 2025 Q3 | 987 | $10.3B | 24 | ||
| 2025 Q2 | 992 | $9.6B | 0 | ||
| 2025 Q1 | 960 | $8.7B | 100 | ||
| 2024 Q4 | 977 | $9.1B | 0 | ||
| 2024 Q3 | 986 | $8.9B | 0 | ||
| 2024 Q2 | 973 | $8.4B | 0 | ||
| 2024 Q1 | 972 | $8.6B | 0 | ||
| 2023 Q4 | 986 | $7.9B | 0 | ||
| 2023 Q3 | 972 | $7.0B | 0 | ||
| 2023 Q2 | 990 | $7.2B | 0 | ||
| 2023 Q1 | 969 | $6.9B | 0 | ||
| 2022 Q4 | 957 | $6.3B | 0 | ||
| 2022 Q3 | 956 | $6.0B | 0 | ||
| 2022 Q2 | 984 | $6.2B | 0 | ||
| 2022 Q1 | 984 | $7.5B | 0 | ||
| 2021 Q4 | 994 | $8.1B | 0 | ||
| 2021 Q3 | 986 | $7.4B | 0 | ||
| 2021 Q2 | 992 | $7.8B | 96 | ||
| 2021 Q1 | 952 | $7.2B | 11 | ||
| 2020 Q4 | 928 | $7.0B | 19 | ||
| 2020 Q3 | 928 | $6.0B | 15 | ||
| 2020 Q2 | 981 | $5.4B | 24 | ||
| 2020 Q1 | 929 | $4.6B | 27 | ||
| 2019 Q4 | 956 | $5.7B | 12 | ||
| 2019 Q3 | 956 | $5.3B | 10 | ||
| 2019 Q2 | 983 | $5.2B | 9 | ||
| 2019 Q1 | 979 | $5.0B | 16 | ||
| 2018 Q4 | 983 | $4.4B | 19 | ||
| 2018 Q3 | 990 | $5.2B | 11 | ||
| 2018 Q2 | 995 | $4.8B | 11 | ||
| 2018 Q1 | 983 | $4.7B | 9 | ||
| 2017 Q4 | 984 | $4.8B | 10 | ||
| 2017 Q3 | 983 | $4.4B | 9 | ||
| 2017 Q2 | 992 | $4.3B | 9 | ||
| 2017 Q1 | 989 | $4.2B | 10 | ||
| 2016 Q4 | 990 | $4.0B | 10 | ||
| 2016 Q3 | 983 | $3.9B | 10 | ||
| 2016 Q2 | 995 | $3.8B | 12 | ||
| 2016 Q1 | 1001 | $3.7B | 11 | ||
| 2015 Q4 | 1014 | $3.7B | 14 | ||
| 2015 Q3 | 1018 | $3.5B | 13 | ||
| 2015 Q2 | 1019 | $3.8B | 11 | ||
| 2015 Q1 | 1016 | $3.8B | 11 | ||
| 2014 Q4 | 1017 | $3.6B | 11 | ||
| 2014 Q3 | 1014 | $3.5B | 8 | ||
| 2014 Q2 | 1008 | $3.5B | 11 | ||
| 2014 Q1 | 986 | $3.5B | 8 | ||
| 2013 Q4 | 985 | $3.4B | 12 | ||
| 2013 Q3 | 981 | $3.1B | 9 | ||
| 2013 Q2 | 982 | $3.0B | 0 |
💡
Data Source Notice: AlphaSMO is the web's most authoritative 13F / Inside Trader database. Institutional holdings and insider trades presented here are precisely computed to deliver accurate portfolio reporting.
Holding changes this quarter
Utah Retirement Systems's most significant position changes for 2026-06-30: Sold out: Honeywell International Inc (HON); New buy: ; New buy: ; New buy: Carnival CORP LTD F; Sold out: Carnival CORP LTD (CCL1EUR).
Showing top 200 changes by size (of 1060 total)
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MU | Micron Technology Inc | +1.3% | -5.78% | Trim |
| 2 | AMD | Advanced Micro Devices | +0.8% | -5.68% | Trim |
| 3 | INTC | Intel CORP | +0.6% | -7.35% | Trim |
| 4 | AMAT | Applied Materials Inc | +0.4% | -6.68% | Trim |
| 5 | LRCX | Lam Research CORP | +0.3% | -7.05% | Trim |
| 6 | SNDK | Sandisk CORP | +0.3% | -4.74% | Trim |
| 7 | KLAC | Kla CORP | +0.3% | +828.36% | Add |
| 8 | MRVL | Marvell Technology Inc | +0.2% | -3.77% | Trim |
| 9 | GOOGL | Alphabet Inc-cl A | +0.2% | -6.39% | Trim |
| 10 | PANW | Palo Alto Networks Inc | +0.2% | -5.86% | Trim |
| 11 | GOOG | Alphabet Inc-cl C | +0.2% | -6.19% | Trim |
| 12 | AVGO | Broadcom Inc | +0.2% | -5.93% | Trim |
| 13 | LLY | Eli Lilly & Co | +0.2% | -6.94% | Trim |
| 14 | CSCO | Cisco Systems Inc | +0.2% | -7.30% | Trim |
| 15 | WDC | Western Digital CORP | +0.2% | -7.19% | Trim |
| 16 | CAT | Caterpillar Inc | +0.2% | -8.39% | Trim |
| 17 | UNH | Unitedhealth Group Inc | +0.1% | -7.33% | Trim |
| 18 | CRWD | Crowdstrike Holdings Inc - A | +0.1% | -5.19% | Trim |
| 19 | GLW | Corning Inc | +0.1% | -5.43% | Trim |
| 20 | TXN | Texas Instruments Inc | +0.1% | -6.14% | Trim |
| 21 | STX | Seagate Technology Holdings plc | +0.1% | -6.27% | Trim |
| 22 | DELL | Dell Technologies -c | +0.1% | -9.23% | Trim |
| 23 | ✓ | +0.1% | NEW | New buy | |
| 24 | ✓ | +0.1% | NEW | New buy | |
| 25 | BE | Bloom Energy Corp- A | +0.1% | +72.03% | Add |
| 26 | ALAB | Astera Labs Inc | +0.1% | +10.81% | Add |
| 27 | GE | General Electric | +0.1% | -7.27% | Trim |
| 28 | GEV | GE Vernova Inc | +0.1% | -6.93% | Trim |
| 29 | DDOG | Datadog Inc - Class A | +0.1% | +4.81% | Add |
| 30 | NBIS | Nebius Group N.V. | +0.1% | -2.93% | Trim |
| 31 | APH | Amphenol Corp-cl A | +0.1% | -6.13% | Trim |
| 32 | QCOM | Qualcomm Inc | +0.1% | -7.86% | Trim |
| 33 | ANET | Arista Networks Inc | +0.1% | -5.46% | Trim |
| 34 | FTNT | Fortinet Inc | +0.1% | -8.52% | Trim |
| 35 | ✓ | Carnival CORP LTD F | +0.1% | NEW | New buy |
| 36 | FLEX | Flex Ltd. | +0.1% | -7.01% | Trim |
| 37 | CVS | Cvs Health CORP | 0% | -4.30% | Trim |
| 38 | SNOW | Snowflake Inc | 0% | -5.68% | Trim |
| 39 | ✓ | 0% | NEW | New buy | |
| 40 | HPE | Hewlett Packard Enterprise | 0% | -7.17% | Trim |
| 41 | HUM | Humana Inc | 0% | -6.94% | Trim |
| 42 | TSLA | Tesla Inc | 0% | -3.32% | Trim |
| 43 | MS | Morgan Stanley | 0% | -7.75% | Trim |
| 44 | VRT | Vertiv Holdings Co-a | 0% | -5.81% | Trim |
| 45 | TER | Teradyne Inc | 0% | -6.57% | Trim |
| 46 | COHR | Coherent CORP | 0% | -5.28% | Trim |
| 47 | RKLB | Rocket Lab CORP | 0% | +2.48% | Add |
| 48 | PWR | Quanta Services Inc | 0% | -5.33% | Trim |
| 49 | ✓ | 0% | NEW | New buy | |
| 50 | AMZN | Amazon.com Inc | 0% | -5.56% | Trim |
1–50 of 200
Filing History
FAQ
What is Utah Retirement Systems and what type of investor is it?
Utah Retirement Systems 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 (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $10.5B, spread across 1027 disclosed positions.
What are Utah Retirement Systems's largest equity positions?
Based on the latest 13F filing, Utah Retirement Systems's top holdings by market value are:
1. Nvidia CORP (NVDA) — $708.7M (6.7%)
2. Apple Inc (AAPL) — $635.2M (6.0%)
3. Microsoft CORP (MSFT) — $420.8M (4.0%)
4. Amazon.com Inc (AMZN) — $351.0M (3.3%)
5. Alphabet Inc-cl A (GOOGL) — $316.2M (3.0%)
What changes did Utah Retirement Systems make in its most recent portfolio filing?
In the latest reported quarter, Utah Retirement Systems made 199 notable position adjustments: 8 new positions were initiated, 9 existing holdings were added to, 175 positions were partially reduced, and 7 were completely exited. The largest of these moves: Sold out: Honeywell International Inc (HON); New buy: ; New buy: ; New buy: Carnival CORP LTD F; Sold out: Carnival CORP LTD (CCL1EUR)
What sectors does Utah Retirement Systems focus on?
Utah Retirement Systems is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 37.3%
• Financials: 11.3%
• Consumer Discretionary: 9.6%
• Communication Services: 9.5%
• Health Care: 9.1%
• Industrials: 9.1%
Investment Profile
Utah Retirement Systems returned an annualized 19.8% over the trailing 36 months — underperforming the S&P 500 by 0.8 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.99 (roughly in line with the market) and a 53% quarterly batting average against the index.
Its portfolio is broadly diversified and long-term-holding, with 37.3% of the portfolio concentrated in Information Technology.
Its turnover score has risen from 0 to 19 over the past 4 quarters — a shift toward more active trading.
It has added to its MU position over the past two quarters (+$144.9M, now $197.6M), while trimming MSFT over the same stretch (-$171.8M, still holding $420.8M).
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Developer Access
Access Utah Retirement Systems's institutional profile programmatically:
REST API
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npx alphasmo institutions get utah-retirement-systems