Employees' Retirement Fund of the City of Fort Worth
Long book
$230.4M
Q1 2026
Positions
21
Top-10 weight
73%
concentration
Last quarter
+5.3%
SPY +14.8%
Turnover
5%
of book per quarter
Strategy in plain words
auto-generated from filingsEmployees' Retirement Fund of the City of Fort Worth is a wealth-management firm allocating client money, running a $230.4M US long book across 21 positions.
The portfolio is concentrated: the top 10 names carry 73% of the portfolio. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD LONG-TERM CORP BOND, VANGUARD MORTGAGE-BACKED SEC, ISHARES GLOBAL INFRASTRUCTUR, VANGUARD S/T CORP BOND ETF, SS SPDR BB ST HI YIELD ETF.
Over the last 9 quarters its long book ran on average 1.9pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+0.5%
Q2 2024
+7.3%
Q3 2024
-3.0%
Q4 2024
-0.6%
Q1 2025
+6.4%
Q2 2025
+4.3%
Q3 2025
+1.5%
Q4 2025
+1.2%
Q1 2026
+5.3%
Sector allocation
No sector data
Long book by quarter
What does Employees' Retirement own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 11, 2026 | 21 | $230.4M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 11, 2026 | 20 | $223.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR/ANEW HOLDINGS | Dec 18, 2025 | 19 | $213.9M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 18 | $193.6M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 13 | $218.9M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 8, 2025 | 10 | $203.1M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 13, 2025 | 11 | $214.4M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 5, 2024 | 10 | $219.2M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 8, 2024 | 12 | $230.4M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 13 | $537.5M | canonical | SEC ↗ |