# NISA INVESTMENT ADVISORS, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 937615. Source: https://holderbook.com/funds/937615-nisa-investment-advisors-llc/

- Reported value: $32.0B
- Positions: 3,093
- Weight of the ten largest: 60.3%
- Filed: 2026-08-10

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $13.7B | 18,254,441 | 42.8% | 7 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.2B | 5,995,509 | 3.7% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.1B | 3,852,360 | 3.5% | 18 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $740.8M | 1,986,033 | 2.3% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $568.0M | 1,589,379 | 1.8% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $469.8M | 1,243,691 | 1.5% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $461.8M | 1,937,628 | 1.4% | 18 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $457.5M | 1,294,835 | 1.4% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $314.4M | 558,210 | 1.0% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $284.5M | 869,016 | 0.9% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $275.9M | 239,048 | 0.9% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $250.7M | 209,022 | 0.8% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $248.6M | 427,999 | 0.8% | 18 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $216.3M | 514,382 | 0.7% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $173.4M | 162,826 | 0.5% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $164.5M | 379,382 | 0.5% | 7 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $162.7M | 224,996 | 0.5% | 18 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $157.7M | 459,599 | 0.5% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $152.3M | 599,566 | 0.5% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $148.8M | 1,266,682 | 0.5% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $147.1M | 1,053,835 | 0.5% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $140.1M | 1,024,792 | 0.4% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $129.5M | 252,209 | 0.4% | 31 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $128.3M | 1,132,702 | 0.4% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $122.2M | 485,528 | 0.4% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $115.1M | 2,019,884 | 0.4% | 18 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $106.4M | 113,717 | 0.3% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $104.7M | 251,966 | 0.3% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $104.4M | 208,539 | 0.3% | 18 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $104.2M | 498,557 | 0.3% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $102.7M | 291,257 | 0.3% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $102.2M | 138,692 | 0.3% | 2 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $102.1M | 1,324,394 | 0.3% | 3 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $101.0M | 338,686 | 0.3% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $100.5M | 333,061 | 0.3% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $94.3M | 1,320,799 | 0.3% | 31 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $86.1M | 1,039,693 | 0.3% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $85.1M | 513,459 | 0.3% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $84.2M | 83,204 | 0.3% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $84.0M | 649,381 | 0.3% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $82.6M | 563,849 | 0.3% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $81.4M | 554,824 | 0.3% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $79.4M | 212,368 | 0.2% | 20 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $78.5M | 444,398 | 0.2% | 18 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $76.1M | 417,447 | 0.2% | 31 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $76.0M | 191,407 | 0.2% | 18 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $75.6M | 924,000 | 0.2% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $74.4M | 219,887 | 0.2% | 18 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $73.7M | 32,412 | 0.2% | 6 |
| ISHARES TR | [SUB](https://holderbook.com/stocks/SUB/) | $71.9M | 675,290 | 0.2% | 15 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $67.1M | 353,501 | 0.2% | 26 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $64.6M | 101,538 | 0.2% | 31 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $63.8M | 421,218 | 0.2% | 31 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $62.8M | 795,228 | 0.2% | 30 |
| VANGUARD INTL EQUITY INDEX F | [VEU](https://holderbook.com/stocks/VEU/) | $61.1M | 729,000 | 0.2% | 31 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $59.9M | 93,743 | 0.2% | 31 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $59.8M | 723,832 | 0.2% | 31 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $58.7M | 60,819 | 0.2% | 21 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $58.7M | 419,634 | 0.2% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $57.9M | 115,316 | 0.2% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $57.6M | 158,962 | 0.2% | 18 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $56.5M | 207,753 | 0.2% | 31 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $56.0M | 131,463 | 0.2% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $55.0M | 203,377 | 0.2% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $54.9M | 105,831 | 0.2% | 14 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $54.0M | 191,852 | 0.2% | 31 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $53.7M | 553,748 | 0.2% | 31 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $52.7M | 295,525 | 0.2% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $52.2M | 282,426 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $50.2M | 135,614 | 0.2% | 10 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $49.7M | 247,960 | 0.2% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $49.1M | 192,407 | 0.2% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $48.9M | 361,020 | 0.2% | 31 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $47.8M | 409,379 | 0.1% | 21 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $47.7M | 459,150 | 0.1% | 31 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $44.2M | 605,147 | 0.1% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $43.6M | 480,010 | 0.1% | 18 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $43.0M | 520,571 | 0.1% | 30 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $42.9M | 36,479 | 0.1% | 9 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $42.7M | 193,737 | 0.1% | 31 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $42.7M | 166,832 | 0.1% | 31 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $42.6M | 336,905 | 0.1% | 31 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $42.3M | 889,852 | 0.1% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $42.0M | 123,134 | 0.1% | 31 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $41.6M | 159,573 | 0.1% | 31 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $41.4M | 43,054 | 0.1% | 7 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $40.9M | 41,780 | 0.1% | 31 |
| MARRIOTT INTL INC NEW | [MAR](https://holderbook.com/stocks/MAR/) | $40.2M | 108,473 | 0.1% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $39.8M | 183,915 | 0.1% | 18 |
| CUMMINS INC | [CMI](https://holderbook.com/stocks/CMI/) | $39.4M | 55,301 | 0.1% | 31 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $39.2M | 159,141 | 0.1% | 31 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $38.8M | 97,666 | 0.1% | 31 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $37.4M | 164,948 | 0.1% | 31 |
| STARBUCKS CORP | [SBUX](https://holderbook.com/stocks/SBUX/) | $36.4M | 356,479 | 0.1% | 31 |
| TRANE TECHNOLOGIES PLC | [TT](https://holderbook.com/stocks/TT/) | $36.3M | 73,825 | 0.1% | 26 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $36.0M | 346,689 | 0.1% | 31 |
| CVS HEALTH CORP | [CVS](https://holderbook.com/stocks/CVS/) | $35.5M | 343,555 | 0.1% | 31 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $35.0M | 379,357 | 0.1% | 31 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $35.0M | 155,022 | 0.1% | 18 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $34.9M | 824,955 | 0.1% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +14.7% | +14.8% | -0.2% | 100% |
| Q1 2026 | -4.0% | -4.6% | +0.6% | 100% |
| Q4 2025 | +2.2% | +2.4% | -0.2% | 100% |
| Q3 2025 | +7.4% | +7.8% | -0.4% | 100% |
| Q2 2025 | +10.2% | +10.5% | -0.3% | 100% |
| Q1 2025 | -4.2% | -4.6% | +0.3% | 95% |
| Q4 2024 | +1.1% | +2.1% | -1.1% | 100% |
| Q3 2024 | +5.8% | +5.4% | +0.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $32.0B | 3,093 |
| Q1 2026 | $27.0B | 3,039 |
| Q4 2025 | $30.3B | 2,961 |
| Q3 2025 | $25.9B | 2,978 |
| Q2 2025 | $22.2B | 3,039 |
| Q1 2025 | $20.0B | 2,981 |
| Q4 2024 | $25.8B | 3,002 |
| Q3 2024 | $16.9B | 2,958 |
| Q2 2024 | $15.9B | 2,937 |
| Q1 2024 | $15.4B | 2,798 |
| Q4 2023 | $14.1B | 2,637 |
| Q3 2023 | $13.1B | 2,768 |