SEC 13F Intelligence

Managers / Q1 2026

Louisiana State Employees Retirement System

CIK 0001537191 · 8401 UNITED PLAZA BLVD., BATON ROUGE, LA, 70809 · 225-922-0600

Reported Value
$5.7B
Q1 2026
Positions
1,604
Filings on Record
30
2019–present window
Filed
Apr 20, 2026
original filing

Summary

Louisiana State Employees Retirement System reported $5.7B in U.S.-listed holdings across 1,604 positions for Q1 2026.

Its largest position, NVDA, represents 3.8% of the portfolio.

Compared with Q4 2025, the fund opened 26 new positions and exited 31.

Portfolio Metrics

Turnover
+7.6%
vs prior filed quarter
Top-10 Concentration
+19.9%
share of reported value
Largest Position
+3.8%
Nvidia Corporation
New / Exited
26 / 31
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $1.8BQ4 ’18Q1 ’19: $2.0BQ2 ’19: $2.0BQ3 ’19: $1.9BQ4 ’19: $2.0BQ4 ’19Q1 ’20: $1.4BQ2 ’20: $1.7BQ3 ’20: $2.2BQ4 ’20: $3.5BQ4 ’20Q1 ’21: $3.8BQ2 ’21: $4.1BQ3 ’21: $4.1BQ4 ’21: $4.6BQ4 ’21Q1 ’22: $4.2BQ2 ’22: $3.7BQ3 ’22: $3.4BQ2 ’23: $4.5BQ2 ’23Q3 ’23: $4.4BQ4 ’23: $4.8BQ1 ’24: $5.1BQ2 ’24: $5.2BQ2 ’24Q3 ’24: $5.4BQ4 ’24: $5.3BQ1 ’25: $5.0BQ2 ’25: $5.5BQ2 ’25Q3 ’25: $6.0BQ4 ’25: $5.8BQ1 ’26: $5.7Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 92.0%Other: 3.4%REIT: 2.9%ETP: 1.7%ADR: 0.1%
  • Common Stock · 92.0% · $5.2B
  • Other · 3.4% · $193M
  • REIT · 2.9% · $163M
  • ETP · 1.7% · $96M
  • ADR · 0.1% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VRTVERTIV HOLDINGS CONEW+19.5K19.5K+$5M$5M
PNFPPINNACLE FINL PARTNERS INCNEW+43.6K43.6K+$4M$4M
AGXARGAN INCNEW+6.2K6.2K+$3M$3M
AHRAMERICAN HEALTHCARE REIT INCNEW+51.4K51.4K+$2M$2M
VSNTVERSANT MEDIA GROUP INCNEW+64.5K64.5K+$2M$2M
VSECVSE CORPNEW+12.8K12.8K+$2M$2M
LYFTLYFT INCNEW+176.6K176.6K+$2M$2M
RITMRITHM CAPITAL CORPNEW+246.5K246.5K+$2M$2M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2026

33 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPORATIONhistory →COM5.55%$317M1.82M
2AAPLAPPLE INChistory →COM4.88%$279M1.10M
3GOOGLALPHABET INCCAP STK CL A · CAP STK CL C4.04%$231M802.9K
4MSFTMICROSOFT CORPhistory →COM3.60%$205M555.1K
5AMZNAMAZON COM INChistory →COM2.75%$157M753.2K
6AVGOBROADCOM INChistory →COM1.92%$110M354.4K
7METAMETA PLATFORMS INChistory →CL A1.82%$104M181.7K
8TSLATESLA INChistory →COM1.71%$97M262.1K
9WMTWALMART INChistory →COM1.19%$68M544.5K
10COSTCOSTCO WHOLESALE CORPORATIONhistory →COM0.90%$52M51.8K
11SPDR SERIES TRUSTSTATE STREET SPD0.90%$51M672.5K
12NFLXNETFLIX INC.history →COM0.83%$47M492.6K
13BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.78%$45M93.4K
14MUMICRON TECHNOLOGY INChistory →COM0.78%$44M131.3K
15JPMJPMORGAN CHASE & COhistory →COM0.71%$40M137.4K
16PLTRPALANTIR TECHNOLOGIES INChistory →CL A0.68%$39M266.9K
17AMDADVANCED MICRO DEVICES INChistory →COM0.68%$39M190.2K
18LLYELI LILLY & COhistory →COM0.65%$37M40.4K
19EXMOCEXXON MOBIL CORPhistory →COM0.63%$36M213.0K
20CSCOCISCO SYS INChistory →COM0.63%$36M460.9K
21JNJJOHNSON & JOHNSONhistory →COM0.53%$30M122.8K
22NDQINVESCO QQQ TRhistory →UNIT SER 10.46%$26M45.8K
23VVISA INChistory →COM CL A0.45%$26M85.7K
24MAMASTERCARD INCORPORATEDhistory →CL A0.36%$21M41.5K
25CHVCHEVRON CORPORATIONhistory →COM0.35%$20M95.5K
26ABBVABBVIE INChistory →COM0.34%$20M90.1K
27AMATAPPLIED MATLS INChistory →COM0.31%$18M52.1K
28LRCXLAM RESEARCH CORPhistory →COM NEW0.31%$18M82.0K
29PGPROCTER & GAMBLE COhistory →COM0.30%$17M118.4K
30CATCATERPILLAR INChistory →COM0.29%$17M23.7K
31HDHOME DEPOT INChistory →COM0.29%$17M50.7K
32BACBANK AMERICA CORPhistory →COM0.29%$16M338.2K
33MRKMERCK & CO INChistory →COM0.27%$15M126.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5.7B1,604Apr 20, 202613F-HRchanges · EDGAR ↗
Q4 2025$5.8B1,608Jan 16, 202613F-HRchanges · EDGAR ↗
Q3 2025$6.0B1,604Oct 22, 202513F-HRchanges · EDGAR ↗
Q2 2025$5.5B1,605Jul 23, 202513F-HRchanges · EDGAR ↗
Q1 2025$5.0B1,603May 1, 202513F-HRchanges · EDGAR ↗
Q4 2024$5.3B1,596Jan 29, 202513F-HRchanges · EDGAR ↗
Q3 2024$5.4B1,607Oct 23, 202413F-HRchanges · EDGAR ↗
Q2 2024$5.2B1,604Jul 24, 202413F-HRchanges · EDGAR ↗
Q1 2024$5.1B1,609Apr 23, 202413F-HRchanges · EDGAR ↗
Q4 2023$4.8B1,611Jan 29, 202413F-HRchanges · EDGAR ↗
Q3 2023$4.4B1,602Oct 17, 202313F-HRchanges · EDGAR ↗
Q2 2023$4.5B1,603Jul 18, 202313F-HRchanges · EDGAR ↗
Q1 2023Under review1,588Apr 19, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review1,585Jan 24, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.4B1,579Oct 19, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.7B1,588Jul 20, 202213F-HRchanges · EDGAR ↗
Q1 2022$4.2B1,590Apr 22, 202213F-HRchanges · EDGAR ↗
Q4 2021$4.6B1,597Jan 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.1B1,593Oct 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$4.1B1,592Jul 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$3.8B1,591Apr 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$3.5B1,572Jan 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.2B1,450Oct 19, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.7B1,340Jul 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.4B1,293Apr 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.0B1,432Jan 17, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.9B1,431Oct 24, 201913F-HRchanges · EDGAR ↗
Q2 2019$2.0B1,439Jul 15, 201913F-HRchanges · EDGAR ↗
Q1 2019$2.0B1,444Apr 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$1.8B1,427Jan 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.