Latest VIRGINIA RETIREMENT SYSTEMS ET AL Stock Portfolio

VIRGINIA RETIREMENT SYSTEMS ET AL Performance:

2025 Q4: -0.61%YTD: 14.24%2022: -14.96%

Performance for 2025 Q4 is -0.61%, and YTD is 14.24%, and 2022 is -14.96%.

About VIRGINIA RETIREMENT SYSTEMS ET AL and 13F Hedge Fund Stock Holdings

On 2026-02-04, the fund reported it's updated stock portfolio. In the 13F Holdings report, VIRGINIA RETIREMENT SYSTEMS ET Al reported an equity portfolio of $16.8 Billions as of 31 Dec, 2025.

The top stock holdings of VIRGINIA RETIREMENT SYSTEMS ET Al are AAPL, NVDA, MSFT. The fund has invested 6.3% of it's portfolio in APPLE INC and 5.6% of portfolio in NVIDIA CORPORATION.

The fund managers got completely rid off CINTAS CORP (CTAS), UNITED THERAPEUTICS CORP DEL (UTHR) and F5 INC (FFIV) stocks. They significantly reduced their stock positions in UDR INC (UDR), DAVITA INC (DVA) and HESS MIDSTREAM LP (HESM). VIRGINIA RETIREMENT SYSTEMS ET Al opened new stock positions in ISHARES TR (IJR), THERMO FISHER SCIENTIFIC INC (TMO) and PG&E CORP (PCG). The fund showed a lot of confidence in some stocks as they added substantially to LAS VEGAS SANDS CORP (LVS), MSCI INC (MSCI) and BROOKDALE SR LIVING INC (BKD).

VIRGINIA RETIREMENT SYSTEMS ET AL Annual Return Estimates Vs S&P 500

Our best estimate is that VIRGINIA RETIREMENT SYSTEMS ET Al made a return of -0.61% in the last quarter. In trailing 12 months, it's portfolio return was 14.24%.

Performance
S&P 500

New Buys

Ticker	$ Bought
ishares tr	319,867,000
thermo fisher scientific inc	14,741,200
pg&e corp	12,867,200
spotify technology s a	4,970,880
terreno rlty corp	3,962,920
innovative indl pptys inc	3,435,970
smith a o corp	3,159,410
red rock resorts inc	2,707,220

New stocks bought by VIRGINIA RETIREMENT SYSTEMS ET AL

Additions

Ticker	% Inc.
las vegas sands corp	2,990
msci inc	1,912
brookdale sr living inc	1,876
galaxy digital inc.	1,524
talen energy corp	1,446
expedia group inc	1,208
organon & co	1,062
xenia hotels & resorts inc	803

Additions to existing portfolio by VIRGINIA RETIREMENT SYSTEMS ET AL

Reductions

Ticker	% Reduced
davita inc	-88.84
ww grainger inc	-73.23
mastec inc	-62.56
applied matls inc	-58.14
clean harbors inc	-54.36
disney walt co	-51.62
ford mtr co	-49.44
airbnb inc	-49.08

VIRGINIA RETIREMENT SYSTEMS ET AL reduced stake in above stock

Sold off

None of the stocks were completely sold off by VIRGINIA RETIREMENT SYSTEMS ET AL

Sector Distribution

VIRGINIA RETIREMENT SYSTEMS ET Al has about 30% of it's holdings in Technology sector.

Sector	%
Technology	30
Healthcare	11
Consumer Cyclical	10.8
Communication Services	10.6
Financial Services	9.5
Industrials	7.3
Consumer Defensive	6.1
Real Estate	5.8
Others	4.6
Utilities	1.8
Energy	1.4

Market Cap. Distribution

VIRGINIA RETIREMENT SYSTEMS ET Al has about 87.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	46.5
MEGA-CAP	41.1
MID-CAP	6.7
UNALLOCATED	4.8

Stocks belong to which Index?

About 86.5% of the stocks held by VIRGINIA RETIREMENT SYSTEMS ET Al either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	82.9
Others	13.5
RUSSELL 2000	3.6

Top 5 Winners (%)		%
PRAX	praxis precision medicines i	432.7 %
	sandisk corp	96.0 %
ARWR	arrowhead pharmaceuticals in	92.2 %
AGLE	spyre therapeutics inc	74.0 %
AXGN	axogen inc	73.8 %

Top 5 Winners ($)		$
GOOG	alphabet inc	102.1 M
GOOG	alphabet inc	71.6 M
AAPL	apple inc	63.0 M
MU	micron technology inc	37.5 M
MRK	merck & co inc	30.5 M

Top 5 Losers (%)		%
NFLX	netflix inc	-86.8 %
NOW	servicenow inc	-75.0 %
LRN	stride inc	-54.8 %
MARA	mara holdings inc	-50.6 %
MSTR	strategy inc	-49.9 %

Top 5 Losers ($)		$
NFLX	netflix inc	-493.9 M
MSFT	microsoft corp	-59.3 M
META	meta platforms inc	-45.5 M
NOW	servicenow inc	-22.8 M
MO	altria group inc	-17.3 M

VIRGINIA RETIREMENT SYSTEMS ET AL Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of VIRGINIA RETIREMENT SYSTEMS ET AL

VIRGINIA RETIREMENT SYSTEMS ET Al has 949 stocks in it's portfolio. About 33.7% of the portfolio is in top 10 stocks. NFLX proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for VIRGINIA RETIREMENT SYSTEMS ET Al last quarter.

Last Reported on: 04 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AA	alcoa corp	0.02	50,900	2,704,830	added	13.11

AAL	american airls group inc	0.01	159,400	2,443,600	added	2.97

AAPL	apple inc	6.28	3,880,040	1,054,830,000	added	12.86

ABBV	abbvie inc	0.44	325,111	74,284,600	added	10.92

ABCB	ameris bancorp	0.01	21,023	1,561,380	reduced	-3.67

ABNB	airbnb inc	0.13	163,199	22,149,400	reduced	-49.08

ABT	abbott labs	0.67	903,768	113,233,000	added	9.38

ACAD	acadia pharmaceuticals inc	0.01	79,898	2,134,080	added	29.18

ACI	albertsons cos inc	0.30	2,887,200	49,573,200	reduced	-26.32

ACN	accenture plc ireland	0.27	168,928	45,323,400	unchanged	0.00

ADBE	adobe inc	0.36	172,121	60,240,600	added	61.9

ADC	agree rlty corp	0.07	172,678	12,438,000	added	7.67

ADI	analog devices inc	0.05	31,300	8,488,560	added	19.01

ADM	archer daniels midland co	0.14	410,213	23,583,100	reduced	-7.19

ADSK	autodesk inc	0.18	104,720	30,998,200	added	71.67

AEIS	advanced energy inds	0.01	8,862	1,855,440	added	40.4

AEP	american elec pwr co inc	0.17	253,800	29,265,700	added	280

AFG	american finl group inc ohio	0.01	15,000	2,050,200	unchanged	0.00

AFL	aflac inc	0.20	302,100	33,312,600	reduced	-45.17

AGO	assured guaranty ltd	0.02	31,450	2,826,410	added	138