Institutional Manager · CIK 0001005354
VIRGINIA RETIREMENT SYSTEMS ET Al
RICHMOND, VA · File #028-05994
Latest AUM
$16.81B
Positions
949
Top-10 Concentration
58.5%
Filings
4
Portfolio Value Over Time
2025-06
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| NEW | ISHARES TR | 464287200 | +467,000 | +$319.9M | $0 |
| ADD | AMAZON COM INC | AMZN | +959,300 | +$221.4M | +$20.5M |
| ADD | ALPHABET INC | GOOG | +439,800 | +$137.7M | +$86.8M |
| ADD | APPLE INC | AAPL | +442,100 | +$120.2M | +$59.2M |
| ADD | WALMART INC | WMT | +929,400 | +$103.5M | +$3.2M |
| ADD | BROADCOM INC | AVGO | +236,600 | +$81.9M | +$11.8M |
| ADD | NETFLIX INC | NFLX | +710,967 | +$66.7M | -$101.0M |
| ADD | INTERNATIONAL BUSINESS MACHS | INTR | +211,040 | +$62.5M | +$698,285 |
| ADD | META PLATFORMS INC | META | +93,178 | +$61.5M | -$42.0M |
| REDUCE | NVIDIA CORPORATION | NVDA | -282,000 | -$52.6M | -$424,991 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 2025949 pos · $16.81B
- 13F HOLDINGS REPORTQ/E Sep 2025927 pos · $15.42B
- 13F HOLDINGS REPORTQ/E Jun 2025933 pos · $14.52B
- 13F HOLDINGS REPORTQ/E Jun 20251,016 pos · $13.47B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | APPLE INC | AAPL | 3,880,040 | $1.05B | 10.89% |
| 2 | NVIDIA CORPORATION | NVDA | 5,030,390 | $938.2M | 9.69% |
| 3 | MICROSOFT CORP | MSFT | 1,747,280 | $845.0M | 8.73% |
| 4 | AMAZON COM INC | AMZN | 2,782,900 | $642.3M | 6.63% |
| 5 | ALPHABET INC | GOOG | 1,681,072 | $526.2M | 5.43% |
| 6 | META PLATFORMS INC | META | 658,974 | $435.0M | 4.49% |
| 7 | BROADCOM INC | AVGO | 966,310 | $334.4M | 3.45% |
| 8 | ALPHABET INC | GOOG | 1,047,100 | $328.6M | 3.39% |
| 9 | ISHARES TR | 464287200 | 467,000 | $319.9M | 3.30% |
| 10 | JOHNSON & JOHNSON | JNJ | 1,158,903 | $239.8M | 2.48% |
| 11 | TESLA INC | TSLA | 351,931 | $158.3M | 1.63% |
| 12 | WALMART INC | WMT | 1,306,726 | $145.6M | 1.50% |
| 13 | MERCK & CO INC | MRK | 1,356,338 | $142.8M | 1.47% |
| 14 | GILEAD SCIENCES INC | GILD | 1,156,695 | $142.0M | 1.47% |
| 15 | JPMORGAN CHASE & CO. | VYLD | 434,698 | $140.1M | 1.45% |
| 16 | VISA INC | V | 391,641 | $137.4M | 1.42% |
| 17 | HCA HEALTHCARE INC | HCA | 288,820 | $134.8M | 1.39% |
| 18 | BRISTOL-MYERS SQUIBB CO | CELG-RI | 2,234,496 | $120.5M | 1.24% |
| 19 | DOLLAR GEN CORP NEW | 256677105 | 905,400 | $120.2M | 1.24% |
| 20 | VERIZON COMMUNICATIONS INC | VZ | 2,887,805 | $117.6M | 1.21% |