VIRGINIA RETIREMENT SYSTEMS ET Al — 13F Holdings & Portfolio
CIK 1005354 · latest 13F-HR filed 2026-02-04
VIRGINIA RETIREMENT SYSTEMS ET Al manages $16.81B in 13F-reported U.S. long-equity assets across 949 reported positions as of its 2025-12-31 13F-HR filing. Its largest disclosed positions are AAPL (6.28%), NVDA (5.58%), MSFT (5.03%). Quarter over quarter (versus its 2025-09-30 filing) the fund opened 145 new positions, exited 123, added to 367, and trimmed 335.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$16.81B
Long-equity book
949
Distinct positions
2025-12-31
Filed 2026-02-04
+145 / −123 / ↑367 / ↓335
vs 2025-09-30
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- AMAZON COM INC$241.9M +60.4%
- ALPHABET INC$224.4M +74.4%
- APPLE INC$179.4M +20.5%
- WALMART INC$106.7M +274.4%
- BROADCOM INC$93.7M +38.9%
Top Trims
- NVIDIA CORPORATION-$53.0M -5.3%
- VICI PPTYS INC-$52.5M -46.4%
- VERISIGN INC-$51.9M -41.5%
- NETFLIX INC-$34.4M -31.4%
- CITIGROUP INC-$32.2M -28.9%
New Positions
- ISHARES TR$319.9M
- THERMO FISHER SCIENTIFIC INC$14.7M
- PG&E CORP$12.9M
- SPOTIFY TECHNOLOGY S A$5.0M
- TERRENO RLTY CORP$4.0M
Exited Positions
- CINTAS CORP$30.2M
- UNITED THERAPEUTICS CORP DEL$23.5M
- F5 INC$14.8M
- ELEVANCE HEALTH INC FORMERLY$13.1M
- WARNER BROS DISCOVERY INC$12.5M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 037833100 | $1.05B | 6.28% | 3,880,040 | SH |
| 2 | NVIDIA CORPORATION | NVDA | 67066G104 | $938.2M | 5.58% | 5,030,390 | SH |
| 3 | MICROSOFT CORP | MSFT | 594918104 | $845.0M | 5.03% | 1,747,280 | SH |
| 4 | AMAZON COM INC | AMZN | 023135106 | $642.3M | 3.82% | 2,782,900 | SH |
| 5 | ALPHABET INC | GOOGL | 02079K305 | $526.2M | 3.13% | 1,681,072 | SH |
| 6 | META PLATFORMS INC | META | 30303M102 | $435.0M | 2.59% | 658,974 | SH |
| 7 | BROADCOM INC | AVGO | 11135F101 | $334.4M | 1.99% | 966,310 | SH |
| 8 | ALPHABET INC | GOOG | 02079K107 | $328.6M | 1.95% | 1,047,100 | SH |
| 9 | ISHARES TR | IVV | 464287200 | $319.9M | 1.90% | 467,000 | SH |
| 10 | JOHNSON & JOHNSON | JNJ | 478160104 | $239.8M | 1.43% | 1,158,903 | SH |
| 11 | TESLA INC | TSLA | 88160R101 | $158.3M | 0.94% | 351,931 | SH |
| 12 | WALMART INC | WMT | 931142103 | $145.6M | 0.87% | 1,306,726 | SH |
| 13 | MERCK & CO INC | MRK | 58933Y105 | $142.8M | 0.85% | 1,356,338 | SH |
| 14 | GILEAD SCIENCES INC | GILD | 375558103 | $142.0M | 0.84% | 1,156,695 | SH |
| 15 | JPMORGAN CHASE & CO. | JPM | 46625H100 | $140.1M | 0.83% | 434,698 | SH |
| 16 | VISA INC | V | 92826C839 | $137.4M | 0.82% | 391,641 | SH |
| 17 | HCA HEALTHCARE INC | HCA | 40412C101 | $134.8M | 0.80% | 288,820 | SH |
| 18 | BRISTOL-MYERS SQUIBB CO | BMY | 110122108 | $120.5M | 0.72% | 2,234,496 | SH |
| 19 | DOLLAR GEN CORP NEW | DG | 256677105 | $120.2M | 0.72% | 905,400 | SH |
| 20 | VERIZON COMMUNICATIONS INC | VZ | 92343V104 | $117.6M | 0.70% | 2,887,805 | SH |
| 21 | ALTRIA GROUP INC | MO | 02209S103 | $114.9M | 0.68% | 1,992,500 | SH |
| 22 | YUM BRANDS INC | YUM | 988498101 | $113.8M | 0.68% | 752,000 | SH |
| 23 | MICRON TECHNOLOGY INC | MU | 595112103 | $113.8M | 0.68% | 398,586 | SH |
| 24 | ABBOTT LABS | ABT | 002824100 | $113.2M | 0.67% | 903,768 | SH |
| 25 | AT&T INC | T | 00206R102 | $111.6M | 0.66% | 4,494,203 | SH |
| 26 | UNIVERSAL HLTH SVCS INC | UHS | 913903100 | $103.3M | 0.61% | 473,822 | SH |
| 27 | ELI LILLY & CO | LLY | 532457108 | $102.3M | 0.61% | 95,204 | SH |
| 28 | GOLDMAN SACHS GROUP INC | GS | 38141G104 | $101.8M | 0.61% | 115,836 | SH |
| 29 | COLGATE PALMOLIVE CO | CL | 194162103 | $100.2M | 0.60% | 1,268,600 | SH |
| 30 | LAM RESEARCH CORP | LRCX | 512807306 | $99.6M | 0.59% | 581,805 | SH |
| 31 | BERKSHIRE HATHAWAY INC DEL | BRK.B | 084670702 | $98.5M | 0.59% | 195,887 | SH |
| 32 | PACCAR INC | PCAR | 693718108 | $89.1M | 0.53% | 813,750 | SH |
| 33 | KROGER CO | KR | 501044101 | $87.3M | 0.52% | 1,397,900 | SH |
| 34 | TEXTRON INC | TXT | 883203101 | $81.7M | 0.49% | 937,700 | SH |
| 35 | CBOE GLOBAL MKTS INC | CBOE | 12503M108 | $81.1M | 0.48% | 322,990 | SH |
| 36 | COGNIZANT TECHNOLOGY SOLUTIO | CTSH | 192446102 | $79.8M | 0.47% | 961,375 | SH |
| 37 | GE AEROSPACE | GE | 369604301 | $79.6M | 0.47% | 258,380 | SH |
| 38 | FOX CORP | FOXA | 35137L105 | $79.4M | 0.47% | 1,086,300 | SH |
| 39 | EBAY INC. | EBAY | 278642103 | $79.1M | 0.47% | 908,608 | SH |
| 40 | CITIGROUP INC | C | 172967424 | $79.1M | 0.47% | 677,960 | SH |
| 41 | SIMON PPTY GROUP INC NEW | SPG | 828806109 | $78.6M | 0.47% | 424,830 | SH |
| 42 | INTERNATIONAL BUSINESS MACHS | IBM | 459200101 | $77.2M | 0.46% | 260,740 | SH |
| 43 | MORGAN STANLEY | MS | 617446448 | $76.7M | 0.46% | 432,000 | SH |
| 44 | INCYTE CORP | INCY | 45337C102 | $75.9M | 0.45% | 768,325 | SH |
| 45 | NETFLIX INC | NFLX | 64110L106 | $75.2M | 0.45% | 802,380 | SH |
| 46 | BOOKING HOLDINGS INC | BKNG | 09857L108 | $74.8M | 0.44% | 13,961 | SH |
| 47 | ABBVIE INC | ABBV | 00287Y109 | $74.3M | 0.44% | 325,111 | SH |
| 48 | VERISIGN INC | VRSN | 92343E102 | $73.1M | 0.43% | 300,931 | SH |
| 49 | SNAP ON INC | SNA | 833034101 | $73.0M | 0.43% | 211,732 | SH |
| 50 | WELLTOWER INC | WELL | 95040Q104 | $72.2M | 0.43% | 389,160 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2025-12-31 | 2026-02-04 | $16.81B | 949 | 0001005354-26-000001 |
| 2025-09-30 | 2025-10-20 | $15.42B | 927 | 0001005354-25-000009 |