PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
Long book
$30.92B
Q1 2026
Positions
2302
Top-10 weight
29%
concentration
Last quarter
+13.9%
SPY +14.8%
Turnover
10%
of book per quarter
Strategy in plain words
auto-generated from filingsPUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO is a mechanically diversified allocator, running a $30.92B US long book across 2302 positions.
The portfolio is moderately concentrated (top 10 ≈ 29% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: NVIDIA CORP, APPLE INC, MICROSOFT CORP, AMAZON.COM INC, ALPHABET INC-CL A.
Over the last 9 quarters its long book ran on average 0.2pp 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
+3.6%
Q2 2024
+6.4%
Q3 2024
+0.9%
Q4 2024
-3.8%
Q1 2025
+10.7%
Q2 2025
+8.1%
Q3 2025
+2.2%
Q4 2025
-3.1%
Q1 2026
+13.9%
Sector allocation
Technology 37%
Financials 12%
Industrials 12%
Consumer discretionary 9%
Healthcare 8%
Services media 5%
Energy 4%
Other 3%
Long book by quarter
What does PUBLIC EMPLOYEES own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 9.8M | $1.72B | 5.6% | -10.4% |
| AAPL APPLE INC | Technology | 6.2M | $1.58B | 5.1% | -1.3% |
| MSFT MICROSOFT CORP | Technology | 3.1M | $1.15B | 3.7% | -0.2% |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.0M | $832.6M | 2.7% | 0.0% |
| GOOGL ALPHABET INC-CL A | Technology | 2.5M | $713.6M | 2.3% | -0.6% |
| GOOG ALPHABET INC-CL C | Technology | 2.4M | $693.6M | 2.2% | +20.1% |
| AVGO BROADCOM INC | Technology | 1.9M | $591.6M | 1.9% | 0.0% |
| META META PLATFORMS INC-CLASS A | Technology | 904.2K | $517.3M | 1.7% | -0.2% |
| JPM JPMORGAN CHASE & CO | Financials | 1.6M | $467.6M | 1.5% | +43.8% |
| TSLA TESLA INC | Industrials | 1.2M | $430.4M | 1.4% | +0.2% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 782.4K | $374.9M | 1.2% | -2.4% |
| LLY ELI LILLY & CO | Healthcare | 326.8K | $300.6M | 1.0% | +0.3% |
| XOM EXXON MOBIL CORP | Energy | 1.7M | $294.6M | 1.0% | +0.6% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.1M | $259.0M | 0.8% | -2.5% |
| MA MASTERCARD INC - A | Services media | 477.8K | $238.8M | 0.8% | +0.3% |
| WMT WALMART INC | Consumer discretionary | 1.9M | $231.6M | 0.7% | -1.7% |
| V VISA INC-CLASS A SHARES | Services media | 720.2K | $217.7M | 0.7% | -0.1% |
| HON HONEYWELL INTERNATIONAL INC | Industrials | 909.3K | $205.5M | 0.7% | +255.1% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 196.4K | $195.7M | 0.6% | -3.0% |
| AZN ASTRAZENECA PLC | Healthcare | 957.0K | $186.1M | 0.6% | New |
| NFLX NETFLIX INC | Services media | 1.8M | $168.8M | 0.5% | -0.2% |
| CVX CHEVRON CORP | Energy | 796.4K | $164.8M | 0.5% | -0.8% |
| MU MICRON TECHNOLOGY INC | Technology | 482.3K | $162.9M | 0.5% | -0.2% |
| ABBV ABBVIE INC | Healthcare | 724.5K | $157.6M | 0.5% | 0.0% |
| ORCL ORACLE CORP | Technology | 987.4K | $145.3M | 0.5% | +45.5% |
| PG PROCTER & GAMBLE CO/THE | Other | 947.5K | $136.9M | 0.4% | +0.2% |
| CAT CATERPILLAR INC | Industrials | 193.2K | $136.8M | 0.4% | +0.1% |
| AMD ADVANCED MICRO DEVICES | Technology | 659.9K | $134.2M | 0.4% | +0.5% |
| AEM AGNICO EAGLE MINES LTD | Materials | 654.9K | $132.7M | 0.4% | -5.7% |
| CSCO CISCO SYSTEMS INC | Technology | 1.7M | $132.4M | 0.4% | -3.5% |
| HD HOME DEPOT INC | Consumer discretionary | 402.5K | $132.4M | 0.4% | +0.5% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 894.1K | $130.8M | 0.4% | -0.3% |
| BAC BANK OF AMERICA CORP | Financials | 2.7M | $130.5M | 0.4% | -0.8% |
| MRK MERCK & CO. INC. | Healthcare | 1.0M | $125.5M | 0.4% | -1.3% |
| LRCX LAM RESEARCH CORP | Industrials | 585.1K | $125.0M | 0.4% | -2.9% |
| GE GENERAL ELECTRIC | Industrials | 426.0K | $120.9M | 0.4% | -0.1% |
| KO COCA-COLA CO/THE | Consumer staples | 1.6M | $118.7M | 0.4% | 0.0% |
| AMAT APPLIED MATERIALS INC | Technology | 346.3K | $118.4M | 0.4% | -2.7% |
| TTE TOTALENERGIES SE | Energy | 1.3M | $116.5M | 0.4% | +14.7% |
| LIN LINDE PLC | Materials | 229.8K | $113.9M | 0.4% | +2.4% |
| GEV GE VERNOVA INC | Industrials | 126.4K | $110.3M | 0.4% | -6.3% |
| RTX RTX CORP | Industrials | 548.0K | $105.7M | 0.3% | +1.5% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 634.2K | $104.9M | 0.3% | -0.6% |
| GS GOLDMAN SACHS GROUP INC | Financials | 123.6K | $104.6M | 0.3% | +1.3% |
| WFC WELLS FARGO & CO | Financials | 1.3M | $100.5M | 0.3% | -1.8% |
| UNH UNITEDHEALTH GROUP INC | Financials | 368.1K | $99.6M | 0.3% | +0.7% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 382.1K | $92.6M | 0.3% | -0.2% |
| UBS UBS GROUP AG-REG | Financials | 2.4M | $92.0M | 0.3% | -2.8% |
| MCD MCDONALD'S CORP | Consumer discretionary | 288.0K | $89.5M | 0.3% | +0.1% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 1.8M | $89.0M | 0.3% | -3.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 2345 | $30.92B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 2351 | $32.06B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 2345 | $31.51B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 15, 2025 | 2357 | $29.70B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 2330 | $27.55B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 19, 2025 | 2390 | $29.11B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 15, 2024 | 2208 | $23.36B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 1999 | $25.62B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 1980 | $25.55B | canonical | SEC ↗ |
Similar funds
VANGUARD CAPITAL MANAGEMENT LLCVANGUARD PORTFOLIO MANAGEMENT LLCPRICE T ROWE ASSOCIATES INC /MD/Bank of New York Mellon CorpLegal & General Group PlcVANGUARD FIDUCIARY TRUST CONuveen, LLCAmundiJANUS HENDERSON GROUP PLCAMERICAN CENTURY COMPANIES INCPRINCIPAL FINANCIAL GROUP INCVanguard Global Advisers, LLC