Public Sector Pension Investment Board

Pension sovereign Low signal CIK 1396318
League rank
#3
in Pension sovereign · #1644 overall
Long book
$32.12B
Q1 2026
Positions
1325
Top-10 weight
28%
concentration
Last quarter
+14.9%
SPY +14.8%
Turnover
11%
of book per quarter

Strategy in plain words

auto-generated from filings

Public Sector Pension Investment Board is a pension / sovereign wealth manager, running a $32.12B US long book across 1325 positions.

The portfolio is moderately concentrated (top 10 ≈ 28% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, MICROSOFT CORP, APPLE INC, ALPHABET INC-CL A, AMAZON.COM INC.

Over the last 9 quarters its long book ran on average 0.3pp per quarter ahead of the S&P 500, beating the index in 6 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.9%
Q2 2024
+7.0%
Q3 2024
+3.5%
Q4 2024
-4.4%
Q1 2025
+11.3%
Q2 2025
+8.7%
Q3 2025
+2.3%
Q4 2025
-2.2%
Q1 2026
+14.9%

Sector allocation

Technology
32%
Financials
17%
Industrials
10%
Healthcare
9%
Consumer discretionary
8%
Services media
6%
Communications
4%
Energy
4%

Long book by quarter

$13.79B
Q1 2024
$15.74B
Q2 2024
$18.52B
Q3 2024
$23.66B
Q4 2024
$23.10B
Q1 2025
$23.40B
Q2 2025
$27.17B
Q3 2025
$29.68B
Q4 2025
$32.12B
Q1 2026

What does Public Sector own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
NVDA NVIDIA CORPTechnology9.2M$1.61B5.0%+3.1%
MSFT MICROSOFT CORPTechnology4.2M$1.55B4.8%+19.9%
AAPL APPLE INCTechnology4.6M$1.17B3.6%+20.2%
GOOGL ALPHABET INC-CL ATechnology3.1M$881.7M2.7%-9.1%
AMZN AMAZON.COM INCConsumer discretionary4.1M$847.5M2.6%+20.2%
AVGO BROADCOM INCTechnology2.2M$683.5M2.1%+26.0%
TSAT TELESAT CORPCommunications18.2M$659.2M2.1%Held
CM CAN IMPERIAL BK OF COMMERCEFinancials6.2M$591.7M1.8%+16.0%
META META PLATFORMS INC-CLASS ATechnology773.9K$442.8M1.4%-6.3%
JPM JPMORGAN CHASE & COFinancials1.5M$428.8M1.3%+6.3%
AZN ASTRAZENECA PLCHealthcare2.1M$415.1M1.3%New
RY ROYAL BANK OF CANADAFinancials2.4M$387.5M1.2%+218.7%
LLY ELI LILLY & COHealthcare416.3K$382.9M1.2%+36.6%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials692.6K$331.9M1.0%+38.5%
TSLA TESLA INCIndustrials834.4K$310.2M1.0%+3.2%
V VISA INC-CLASS A SHARESServices media914.5K$276.4M0.9%+6.0%
TD TORONTO-DOMINION BANKFinancials2.9M$273.9M0.9%+28.7%
ABBV ABBVIE INCHealthcare1.2M$255.8M0.8%+4.9%
GOOG ALPHABET INC-CL CTechnology878.1K$251.9M0.8%+21.3%
XOM EXXON MOBIL CORPEnergy1.4M$234.2M0.7%+9.1%
NFLX NETFLIX INCServices media2.3M$222.5M0.7%+38.1%
MA MASTERCARD INC - AServices media442.3K$221.0M0.7%-8.6%
UNP UNION PACIFIC CORPIndustrials886.9K$215.2M0.7%+2.1%
GS GOLDMAN SACHS GROUP INCFinancials242.0K$204.7M0.6%+9.8%
ADI ANALOG DEVICES INCTechnology625.0K$198.8M0.6%-18.5%
ETN EATON CORP PLCIndustrials524.8K$187.7M0.6%+942.1%
CEG CONSTELLATION ENERGYUtilities668.0K$186.5M0.6%+739.9%
TMUS T-MOBILE US INCCommunications852.7K$179.1M0.6%+717.9%
TTE TOTALENERGIES SEEnergy1.9M$178.5M0.6%+2.8%
AZO AUTOZONE INCConsumer discretionary51.7K$174.8M0.5%0.0%
MSI MOTOROLA SOLUTIONS INCTechnology380.6K$165.2M0.5%+1.3%
AMAT APPLIED MATERIALS INCTechnology462.1K$158.0M0.5%+5.5%
URI UNITED RENTALS INCServices media210.5K$153.3M0.5%+17.0%
TJX TJX COMPANIES INCConsumer discretionary958.3K$153.0M0.5%+4.2%
MCK MCKESSON CORPConsumer discretionary175.8K$152.1M0.5%-21.4%
BMO BANK OF MONTREALFinancials1.1M$151.1M0.5%+185.0%
PH PARKER HANNIFIN CORPIndustrials168.1K$150.5M0.5%-25.2%
KO COCA-COLA CO/THEConsumer staples1.9M$148.2M0.5%-8.4%
MU MICRON TECHNOLOGY INCTechnology434.8K$146.9M0.5%+77.4%
BAC BANK OF AMERICA CORPFinancials2.9M$140.8M0.4%-39.8%
ABT ABBOTT LABORATORIESHealthcare1.4M$140.7M0.4%+4.1%
BNS BANK OF NOVA SCOTIAFinancials2.0M$140.5M0.4%+212.4%
ORCL ORACLE CORPTechnology933.8K$137.4M0.4%-6.9%
GWW WW GRAINGER INCConsumer discretionary119.9K$130.8M0.4%+2086.0%
BSX BOSTON SCIENTIFIC CORPHealthcare2.1M$130.4M0.4%+46.7%
JNJ JOHNSON & JOHNSONHealthcare532.3K$130.1M0.4%+68.9%
TXN TEXAS INSTRUMENTS INCTechnology662.3K$128.6M0.4%+393.0%
TDY TELEDYNE TECHNOLOGIES INCTechnology205.9K$124.5M0.4%-18.8%
CVX CHEVRON CORPEnergy601.2K$124.4M0.4%-19.7%
HLT HILTON WORLDWIDE HOLDINGS INServices media376.5K$114.5M0.4%+1163.4%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 13, 20261325$32.12B canonicalSEC ↗
Q4 202513F-HRFeb 13, 20261345$29.78B canonicalSEC ↗
Q3 202513F-HRNov 6, 20251270$27.27B canonicalSEC ↗
Q2 202513F-HRAug 12, 20251235$23.44B canonicalSEC ↗
Q1 202513F-HRMay 12, 20251237$23.20B canonicalSEC ↗
Q4 202413F-HRFeb 14, 20251226$23.80B canonicalSEC ↗
Q3 202413F-HRNov 14, 20241228$18.55B canonicalSEC ↗
Q2 202413F-HRAug 14, 20241233$15.99B canonicalSEC ↗
Q1 202413F-HRMay 14, 20241222$13.92B canonicalSEC ↗