UR

Utah Retirement Systems

Diversified strategyMomentum followerLong-term holder

Total reported value

$9.8B

Reporting period: 2026-03-31 · Number of holdings: 974

Utah Retirement Systems disclosed 974 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $9.8B and a quarterly turnover rate of 16.3%.

Personality snowflake

Concentration
6.51
Portfolio Stability
16.3
Momentum/Contrarian
78.62
Sector conviction
48.64
Diversification
100
Sizing Uniformity
61.43

Recent moves

  • Trim MSFT

    -1.6%　-$146.3M

  • Trim AVB

    -92.1%　-$49.3M

  • Add XOM

    -3.3%　$31.1M

  • Trim TSLA

    -1.4%　-$38.7M

  • Add JNJ

    -1.6%　$13.4M

  • Trim META

    -1.6%　-$35.0M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1NVDANvidia CORPStock-Tech6.78%-0.08%-1.60%
2AAPLApple INCStock-Tech6.08%-0.15%-2.76%
3MSFTMicrosoft CORPStock-Tech4.56%-1.08%-1.60%
4AMZNAmazon.com INCStock-Consumer Disc3.32%-0.16%-1.60%
5GOOGLAlphabet Inc-cl AStock-Comm Services2.78%-0.08%-1.60%
6AVGOBroadcom INCStock-Tech2.38%-0.13%-1.60%
7GOOGAlphabet Inc-cl CStock-Comm Services2.26%-0.07%-1.60%
8METAMeta Platforms Inc-class AStock-Comm Services2.08%-0.19%-1.60%
9TSLATesla INCStock-Consumer Disc1.74%-0.25%-1.39%
10JPMJpmorgan Chase & CoStock-Financials1.33%-0.07%-3.07%
11LLYEli Lilly & CoStock-Healthcare1.22%-0.13%-1.60%
12XOMExxon Mobil CORPStock-Energy1.19%+0.38%-3.28%
13BRK-BBerkshire Hathaway Inc-cl BStock-Other1.18%+0.01%-1.36%
14JNJJohnson & JohnsonStock-Healthcare0.98%+0.20%-1.60%
15WMTWalmart INCStock-Consumer Staples0.90%+0.14%-1.60%
16VVisa Inc-class A SharesStock-Financials0.85%-0.09%-2.38%
17COSTCostco Wholesale CORPStock-Consumer Staples0.73%+0.14%-1.60%
18NFLXNetflix INCStock-Comm Services0.68%—-1.60%
19MAMastercard INC - AStock-Financials0.67%-0.06%-2.36%
20CVXChevron CORPStock-Energy0.64%+0.18%-3.25%
21ABBVAbbvie INCStock-Healthcare0.64%—-1.60%
22MUMicron Technology INCStock-Tech0.63%+0.13%-1.60%
23PGProcter & Gamble Co/theStock-Consumer Staples0.56%—-1.60%
24CATCaterpillar INCStock-Industrials0.55%+0.13%-1.60%
25AMDAdvanced Micro DevicesStock-Tech0.54%—-1.60%
26HDHome Depot INCStock-Consumer Disc0.54%—-1.60%
27BACBank Of America CORPStock-Financials0.53%-0.05%-3.74%
28PLTRPalantir Technologies Inc-aStock-Tech0.53%-0.08%-1.60%
29CSCOCisco Systems INCStock-Tech0.51%—-1.60%
30MRKMerck & Co. INC.Stock-Healthcare0.50%—-2.94%
31KOCoca-cola Co/theStock-Consumer Staples0.49%—-1.60%
32GEGeneral ElectricStock-Industrials0.49%—-2.32%
33AMATApplied Materials INCStock-Tech0.45%+0.13%-2.67%
34LRCXLam Research CORPStock-Tech0.45%+0.11%-2.81%
35RTXRtx CORPStock-Industrials0.43%—-1.60%
36PMPhilip Morris InternationalStock-Consumer Staples0.43%—-1.60%
37GSGoldman Sachs Group INCStock-Financials0.41%—-3.11%
38ORCLOracle CORPStock-Tech0.41%-0.10%-0.49%
39WFCWells Fargo & CoStock-Financials0.41%-0.06%-4.73%
40UNHUnitedhealth Group INCStock-Healthcare0.41%-0.06%-1.60%
41GEVGE Vernova INCStock-Industrials0.39%+0.11%-2.82%
42LINLinde plcStock-Materials0.39%—-1.60%
43IBMIntl Business Machines CORPStock-Tech0.37%-0.06%-1.60%
44MCDMcdonald's CORPStock-Consumer Disc0.37%—-1.60%
45PEPPepsico INCStock-Consumer Staples0.35%—-1.66%
46VZVerizon Communications INCStock-Comm Services0.35%—-1.60%
47TAt&t INCStock-Comm Services0.33%—-2.59%
48CCitigroup INCStock-Financials0.33%—-5.74%
49INTCIntel CORPStock-Tech0.32%—-0.78%
50NEENextera Energy INCStock-Utilities0.32%—-0.82%
1–50 of 974

Holding changes this quarter

Utah Retirement Systems's most significant position changes for 2026-03-31: Sold out: Deutsche Bank Aktiengesellschaft (DB); Trim: Microsoft CORP (MSFT) — shares -1.60%; Trim: Avalonbay Communities INC (AVB) — shares -92.11%; Trim: Exxon Mobil CORP (XOM) — shares -3.28%; Trim: Tesla INC (TSLA) — shares -1.39%.

Position changes disclosed by Utah Retirement Systems for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1XOMExxon Mobil CORP+0.4%-3.28%Trim
2JNJJohnson & Johnson+0.2%-1.60%Trim
3CVXChevron CORP+0.2%-3.25%Trim
4COSTCostco Wholesale CORP+0.1%-1.60%Trim
5WMTWalmart INC+0.1%-1.60%Trim
6SNDKSandisk CORP+0.1%+225.38%Add
7AMATApplied Materials INC+0.1%-2.67%Trim
8CATCaterpillar INC+0.1%-1.60%Trim
9MUMicron Technology INC+0.1%-1.60%Trim
10GEVGE Vernova INC+0.1%-2.82%Trim
11LRCXLam Research CORP+0.1%-2.81%Trim
12COPConocophillips+0.1%-3.44%Trim
13LITELumentum Holdings INC+0.1%+206.16%Add
14BRK-BBerkshire Hathaway Inc-cl B0%-1.36%Trim
15ABTAbbott Laboratories0%-1.60%Trim
16BACBank Of America CORP-0.1%-3.74%Trim
17COFCapital One Financial CORP-0.1%-3.81%Trim
18AXPAmerican Express Co-0.1%-2.72%Trim
19ISRGIntuitive Surgical INC-0.1%-2.33%Trim
20MAMastercard INC - A-0.1%-2.36%Trim
21UNHUnitedhealth Group INC-0.1%-1.60%Trim
22WFCWells Fargo & Co-0.1%-4.73%Trim
23IBMIntl Business Machines CORP-0.1%-1.60%Trim
24NOWServicenow INC-0.1%+0.17%Add
25ADBEAdobe INC-0.1%-4.68%Trim
26QCOMQualcomm INC-0.1%-2.57%Trim
27ACNAccenture plc-0.1%-3.31%Trim
28GOOGAlphabet Inc-cl C-0.1%-1.60%Trim
29JPMJpmorgan Chase & Co-0.1%-3.07%Trim
30BSXBoston Scientific CORP-0.1%-1.63%Trim
31NVDANvidia CORP-0.1%-1.60%Trim
32GOOGLAlphabet Inc-cl A-0.1%-1.60%Trim
33PLTRPalantir Technologies Inc-a-0.1%-1.60%Trim
34INTUIntuit INC-0.1%-1.56%Trim
35VVisa Inc-class A Shares-0.1%-2.38%Trim
36APPApplovin Corp-class A-0.1%-1.63%Trim
37ORCLOracle CORP-0.1%-0.49%Trim
38CRMSalesforce INC-0.1%-3.90%Trim
39INVHInvitation Homes INC-0.1%-81.47%Trim
40ESSEssex Property Trust INC-0.1%-81.51%Trim
41MAAMid-america Apartment Comm-0.1%-82.41%Trim
42AVGOBroadcom INC-0.1%-1.60%Trim
43LLYEli Lilly & Co-0.1%-1.60%Trim
44AAPLApple INC-0.2%-2.76%Trim
45AMZNAmazon.com INC-0.2%-1.60%Trim
46METAMeta Platforms Inc-class A-0.2%-1.60%Trim
47TSLATesla INC-0.3%-1.39%Trim
48AVBAvalonbay Communities INC-0.5%-92.11%Trim
49MSFTMicrosoft CORP-1.1%-1.60%Trim
50DBDeutsche Bank Aktiengesellschaft—EXITSold out

FAQ

What is Utah Retirement Systems and what type of investor is it?
Utah Retirement Systems is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $9.8B, spread across 974 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) — $663.6M (6.8%) 2. Apple INC (AAPL) — $594.4M (6.1%) 3. Microsoft CORP (MSFT) — $446.4M (4.6%) 4. Amazon.com INC (AMZN) — $324.8M (3.3%) 5. Alphabet Inc-cl A (GOOGL) — $271.8M (2.8%)
What changes did Utah Retirement Systems make in its most recent portfolio filing?
In the latest reported quarter, Utah Retirement Systems made 50 notable position adjustments: 0 new positions were initiated, 3 existing holdings were added to, 46 positions were partially reduced, and 1 were completely exited. The largest of these moves: Sold out: Deutsche Bank Aktiengesellschaft (DB); Trim: Microsoft CORP (MSFT) — shares -1.60%; Trim: Avalonbay Communities INC (AVB) — shares -92.11%; Trim: Exxon Mobil CORP (XOM) — shares -3.28%; Trim: Tesla INC (TSLA) — shares -1.39%
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: 31.9% • Financials: 13.0% • Consumer Discretionary: 10.0% • Communication Services: 9.9% • Health Care: 9.5% • Industrials: 9.1%