NISA INVESTMENT ADVISORS, LLC

CIK

937615

Location

ST. LOUIS, MO

Portfolio Value

Large $15,545,546,932

Diversification

Diversified

Filing Date

Global Rank

#316 / 8,621 ▼ 19 · as of Mar 2026

Top Industry

Semiconductors 12.5%

3Y Alpha vs SPY

-2.5%

Period ended 4 months ago

Filed Apr 30, 2026 · 3mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+65.7%

SPY

+67.9%

Annualised alpha

-0.5%

Max drawdown

−18.1%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

2,968 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.0%

+0.0 pts

Top 5

23.9%

−1.8 pts

Top 10

32.9%

−3.1 pts

HHI

169

Diversified−19

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	32.3%	$5,017,840,743	414
Financial Services	13.1%	$2,037,231,230	470
Industrials	10.1%	$1,573,150,003	409
Healthcare	9.9%	$1,537,128,985	513
Consumer Cyclical	9.6%	$1,489,348,221	326
Communication Services	8.1%	$1,265,121,680	128
Consumer Defensive	5.2%	$800,925,522	133
Energy	4.4%	$681,851,777	141
Real Estate	2.5%	$393,843,175	211
Utilities	2.1%	$323,306,030	78
Basic Materials	2.1%	$321,904,109	137
Unclassified	0.7%	$103,895,457	8

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
HST	Host Hotels & Resorts, Inc.	+299,963	425,562	$8,153,767
UDR	UDR, Inc.	+170,799	255,339	$8,625,351
O	Realty Income Corp	+146,861	368,932	$22,571,259
FITB	Fifth Third Bancorp	+104,803	507,832	$23,593,874
HBAN	Huntington Bancshares Inc /Md/	+94,414	421,090	$6,590,058
CART	Maplebear Inc.	+72,270	72,384	$2,711,504
CFG	Citizens Financial Group Inc/Ri	+68,655	192,351	$11,535,289
VZ	Verizon Communications Inc	+58,002	871,939	$43,771,337
AUR	Aurora Innovation, Inc.	+55,703	145,018	$597,474
NAT	NORDIC AMERICAN TANKERS Ltd	+47,701	50,640	$296,750
AL	SUMISHO AIR LEASE CORP	+45,666	46,329	$3,008,605
KHC	Kraft Heinz Co	+45,551	121,454	$2,731,500
DAL	Delta Air Lines, Inc.	+45,028	150,367	$9,996,398
CMG	Chipotle Mexican Grill Inc	+41,572	399,972	$12,803,103
APH	Amphenol Corp /De/	+41,084	493,481	$62,351,324
SM	SM Energy Co	+35,474	118,061	$3,681,141
USFD	US Foods Holding Corp.	+34,863	47,756	$4,403,580
RYN	Rayonier Inc	+33,851	86,470	$1,783,011
ARHS	Arhaus, Inc.	+33,455	34,378	$233,082
DXCM	Dexcom Inc	+33,316	51,235	$3,217,558
TTD	Trade Desk, Inc.	+32,566	48,876	$1,108,996
NAVI	Navient Corp	+32,079	127,701	$1,044,594
FLO	Flowers Foods Inc	+31,745	43,038	$350,759
PK	Park Hotels & Resorts Inc.	+31,266	145,066	$1,527,544
NWL	Newell Brands Inc.	+29,904	30,263	$103,802
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CMCSA	Comcast Corp	−1,426,415	1,433,776	$41,163,708
BAC	Bank Of America Corp /De/	−813,921	2,091,427	$101,957,065
PEP	Pepsico Inc	−454,626	370,682	$57,563,207
NVDA	Nvidia Corp	−375,362	6,198,618	$1,081,038,979
AAPL	Apple Inc.	−279,426	3,981,558	$1,010,479,603
AVGO	Broadcom Inc.	−268,085	1,288,638	$398,846,347
MU	Micron Technology Inc	−255,579	263,680	$89,081,651
JPM	Jpmorgan Chase & Co	−253,069	890,157	$261,848,582
GOOGL	Alphabet Inc.	−247,412	1,656,712	$476,404,101
ABBV	AbbVie Inc.	−203,062	479,659	$104,321,035
AMZN	Amazon Com Inc	−186,410	1,917,394	$399,335,647
SCHW	Schwab Charles Corp	−185,506	401,991	$37,779,114
NU	Nu Holdings Ltd.	−181,802	28,893	$415,191
ORC	Orchid Island Capital, Inc.	−167,335	36,451	$256,250
BGS	B&G Foods, Inc.	−139,599	18,237	$87,719
HLX	Helix Energy Solutions Group Inc	−137,540	64,953	$642,385
C	Citigroup Inc	−134,629	440,206	$49,923,762
LRCX	Lam Research Corp	−128,274	421,509	$90,059,612
GILD	Gilead Sciences, Inc.	−125,078	356,663	$49,708,121
META	Meta Platforms, Inc.	−121,407	577,153	$330,206,545
BSX	Boston Scientific Corp	−121,170	251,661	$15,791,727
SPGI	S&P Global Inc.	−120,021	66,460	$28,268,094
L	Loews Corp	−119,764	39,586	$4,225,409
WFC	Wells Fargo & Company/Mn	−119,222	755,765	$60,166,451
DBX	Dropbox, Inc.	−113,691	110,015	$2,499,540
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
QQQ	Invesco Qqq Trust, Series 1	138,540	$79,962,517
AMCR	Amcor plc	41,760	$1,659,960
VSNT	Versant Media Group, Inc.	39,963	$1,479,429
PNFP	Pinnacle Financial Partners, Inc.	16,350	$1,408,389
DFTX	Definium Therapeutics, Inc.	48,903	$924,266
UI	Ubiquiti Inc.	819	$647,247
QGEN	Qiagen N.V.	7,738	$309,829
NBIS	Nebius Group N.V.	2,848	$295,508
AER	AerCap Holdings N.V.	2,053	$281,630
AMRZ	Amrize Ltd	4,305	$241,166
JAN	Janus Living, Inc.	7,580	$178,660
AII	American Integrity Insurance Group, Inc.	7,500	$144,600
AZN	Astrazeneca PLC	669	$131,940
SKYH	Sky Harbour Group Corp	12,400	$119,412
IREN	IREN Ltd	2,840	$97,355
INDV	Indivior Pharmaceuticals, Inc.	2,859	$87,142
FLY	Firefly Aerospace Inc.	2,558	$72,826
KRMN	Karman Holdings Inc.	903	$72,285
ONON	On Holding AG	2,030	$69,060
NUTX	Nutex Health Inc.	600	$57,024
LOAR	Loar Holdings Inc.	908	$52,019
LGN	Legence Corp.	906	$51,152
VOYG	Voyager Technologies, Inc./TX	2,119	$49,563
BROS	Dutch Bros Inc.	953	$48,278
RDW	Redwire Corp	5,630	$47,855
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
EXAS	EXACT SCIENCES CORP	34,188	$3,472,133
TGNA	TEGNA INC	49,880	$968,170
GLIBA	Liberty Capital Corp/NV	10,961	$404,132
CD	Chaince Digital Holdings Inc.	45,000	$223,650
TNXP	Tonix Pharmaceuticals Holding Corp.	10,000	$156,200
OPY	Oppenheimer Holdings Inc	1,200	$86,748
GIL	Gildan Activewear Inc.	510	$31,854
FF	FutureFuel Corp.	8,373	$26,709
NKSH	National Bankshares Inc	695	$23,303
FDBC	Fidelity D & D Bancorp Inc	380	$16,541
MPX	Marine Products Group, LLC	1,660	$14,541
KRO	Kronos Worldwide Inc	3,247	$14,351
OSUR	Orasure Technologies Inc	5,030	$12,172
BLFY	Blue Foundry Bancorp	937	$11,646
USNA	Usana Health Sciences Inc	553	$10,855
FC	Franklin Covey Co	641	$10,755
FORR	Forrester Research, Inc.	1,192	$9,679
BLZE	Backblaze, Inc.	2,062	$9,608
CERS	Cerus Corp	4,358	$8,977
JACK	Jack In The Box Inc	456	$8,641
RICK	Rci Hospitality Holdings, Inc.	358	$8,534
AFCG	Advanced Flower Capital Inc.	2,948	$8,401
BOW	Bowhead Specialty Holdings Inc.	286	$8,162
SLDE	Slide Insurance Holdings, Inc.	385	$7,499
OPTU	Optimum Communications, Inc.	4,436	$7,319
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

2,968 positions · $15,545,546,932 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 2,968 positions by value · page 1 of 60

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	6,198,618	-375,362	$1,081,038,979	−11.8%	6.95%
AAPL	Apple Inc. Technology	Reduced	3,981,558	-279,426	$1,010,479,603	−12.8%	6.50%
MSFT	Microsoft Corp Technology	Reduced	2,041,368	-93,578	$755,653,191	−26.8%	4.86%
GOOGL	Alphabet Inc. Communication Services	Reduced	1,656,712	-247,412	$476,404,101	−20.1%	3.06%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	1,917,394	-186,410	$399,335,647	−17.8%	2.57%
AVGO	Broadcom Inc. Technology	Reduced	1,288,638	-268,085	$398,846,347	−26.0%	2.57%
META	Meta Platforms, Inc. Communication Services	Reduced	577,153	-121,407	$330,206,545	−28.4%	2.12%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	890,157	-253,069	$261,848,582	−28.9%	1.68%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	547,464	-37,533	$203,519,742	−22.6%	1.31%
LLY	ELI LILLY & Co Healthcare	Reduced	210,958	-14,895	$194,032,838	−20.1%	1.25%
XOM	ExxonMobil Holdings Corp Energy	Reduced	1,073,169	-67,980	$182,073,852	+32.6%	1.17%
JNJ	Johnson & Johnson Healthcare	Reduced	634,796	-31,150	$155,169,533	+12.6%	1.00%
WMT	Walmart Inc. Consumer Defensive	Reduced	1,190,025	-73,305	$147,896,306	+5.1%	0.95%
V	Visa Inc. Financial Services	Reduced	472,806	-11,508	$142,900,884	−15.9%	0.92%
MA	Mastercard Inc Financial Services	Reduced	255,036	-20,536	$127,431,286	−19.0%	0.82%
NFLX	Netflix Inc Communication Services	Reduced	1,311,772	-88,251	$126,126,877	−3.9%	0.81%
CAT	Caterpillar Inc Industrials	Reduced	167,614	-11,623	$118,747,814	+15.6%	0.76%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	113,082	-3,454	$112,678,296	+12.1%	0.72%
CVX	Chevron Corp Energy	Reduced	531,128	-12,213	$109,890,383	+32.7%	0.71%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	226,136	-39,699	$108,364,370	−18.9%	0.70%
ABBV	AbbVie Inc. Healthcare	Reduced	479,659	-203,062	$104,321,035	−33.1%	0.67%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	2,091,427	-813,921	$101,957,065	−36.2%	0.66%
CSCO	Cisco Systems, Inc. Technology	Reduced	1,258,293	-40,468	$97,630,953	−2.4%	0.63%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	291,730	-10,033	$95,947,079	−7.6%	0.62%
LRCX	Lam Research Corp Technology	Reduced	421,509	-128,274	$90,059,612	−4.3%	0.58%
AMD	Advanced Micro Devices Inc Technology	Reduced	439,479	-8,393	$89,403,212	−6.8%	0.58%
MU	Micron Technology Inc Technology	Reduced	263,680	-255,579	$89,081,651	−39.9%	0.57%
AMAT	Applied Materials Inc /De Technology	Reduced	252,115	-8,589	$86,170,385	+28.6%	0.55%
ORCL	Oracle Corp Technology	Reduced	572,349	-5,632	$84,198,260	−25.3%	0.54%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	578,979	-36,305	$83,627,726	−5.2%	0.54%
MRK	Merck & Co., Inc. Healthcare	Reduced	693,541	-17,578	$83,426,046	+11.5%	0.54%
QQQ	Invesco Qqq Trust, Series 1	NEW	138,540	NEW	$79,962,517	NEW	0.51%
MS	Morgan Stanley Financial Services	Reduced	460,362	-70,485	$75,761,774	−19.6%	0.49%
GS	Goldman Sachs Group Inc Financial Services	Reduced	88,068	-3,208	$74,504,647	−7.1%	0.48%
KO	Coca Cola Co Consumer Defensive	Reduced	971,088	-51,761	$73,851,241	+3.3%	0.48%
PM	Philip Morris International Inc. Consumer Defensive	Reduced	423,426	-6,142	$70,009,254	+1.6%	0.45%
RTX	RTX Corp Industrials	Reduced	361,309	-23,171	$69,696,506	−1.2%	0.45%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	430,747	+1,845	$68,790,295	+4.4%	0.44%
AXP	American Express Co Financial Services	Reduced	227,142	-22,925	$68,705,912	−25.7%	0.44%
UNH	Unitedhealth Group Inc Healthcare	Added	249,898	+3,931	$67,619,898	−16.7%	0.43%
TXN	Texas Instruments Inc Technology	Reduced	347,658	-751	$67,494,324	+11.7%	0.43%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	210,489	-16,838	$65,417,876	−5.8%	0.42%
PLTR	Palantir Technologies Inc. Technology	Reduced	430,928	-12,510	$63,036,147	−20.0%	0.41%
APH	Amphenol Corp /De/ Technology	Added	493,481	+41,084	$62,351,324	+2.0%	0.40%
ADI	Analog Devices Inc Technology	Added	195,665	+11,751	$62,248,863	+24.8%	0.40%
GE	General Electric Co Industrials	Reduced	215,387	-21,373	$61,120,368	−16.2%	0.39%
WFC	Wells Fargo & Company/Mn Financial Services	Reduced	755,765	-119,222	$60,166,451	−26.2%	0.39%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	120,878	-8,986	$59,415,163	−21.0%	0.38%
AMGN	Amgen Inc Healthcare	Reduced	166,150	-2,566	$58,459,876	+5.9%	0.38%
DE	Deere & Co Industrials	Reduced	102,722	-1,235	$57,863,302	+19.6%	0.37%