STRS Ohio Portfolio holdings
STRS Ohio is the pension system for Ohio's public school teachers, paying retirement, healthcare, disability and survivor benefits to educators and their families. It was established in 1920 as the State Teachers Retirement System of Ohio and is legally separate from the state government. Its own staff manage much of the portfolio, a portion goes to alternative asset firms, and the rest is spread across more than 100 outside managers. Members are not eligible for Social Security, so for most retired Ohio educators its payments are their only retirement benefit.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$65.2M |
| 2 |
Delta Air Lines
DAL
|
+$50.4M |
| 3 |
HP
HPQ
|
+$49.5M |
| 4 |
LyondellBasell Industries
LYB
|
+$47.7M |
| 5 |
Pultegroup
PHM
|
+$46.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$164M |
| 2 |
Apple
AAPL
|
+$111M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$70.1M |
| 4 |
Microsoft
MSFT
|
+$52.6M |
| 5 |
Visa
V
|
+$48.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.01% |
| 2 | Financials | 14.28% |
| 3 | Healthcare | 12.83% |
| 4 | Industrials | 11.12% |
| 5 | Energy | 9.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$5.1T
| $563M | 2.51% |
24,238,360
-5,200,336
| -18% | -$111M |
2013 Q2
4 quarters
|
|
2
ExxonMobil
XOM
$672B
| $409M | 1.82% |
4,058,795
-244,883
| -6% | -$24.7M |
2013 Q2
4 quarters
|
|
|
3
Microsoft
MSFT
$4.05T
| $340M | 1.52% |
8,155,158
-1,299,952
| -14% | -$52.6M |
2013 Q2
4 quarters
|
|
4
Johnson & Johnson
JNJ
$679B
| $253M | 1.13% |
2,421,754
-258,015
| -10% | -$26.1M |
2013 Q2
4 quarters
|
|
5
GE Aerospace
GE
$348B
| $253M | 1.13% |
2,006,015
-269,332
| -12% | -$34.3M |
2013 Q2
4 quarters
|
|
6
Verizon
VZ
$191B
| $244M | 1.09% |
4,984,746
+354,170
| +8% | +$17.2M |
2013 Q2
4 quarters
|
|
7
Procter & Gamble
PG
$390B
| $241M | 1.07% |
3,066,550
+319,274
| +12% | +$25.7M |
2013 Q2
4 quarters
|
|
8
Wells Fargo
WFC
$257B
| $233M | 1.04% |
4,442,179
-401,991
| -8% | -$20.2M |
2013 Q2
4 quarters
|
|
9
Chevron
CVX
$411B
| $231M | 1.03% |
1,768,914
+94,767
| +6% | +$11.8M |
2013 Q2
4 quarters
|
|
10
JPMorgan Chase
JPM
$908B
| $216M | 0.96% |
3,741,200
-175,572
| -4% | -$9.9M |
2013 Q2
4 quarters
|
|
|
AGN
11
DELISTED
Allergan plc
AGN
| $201M | 0.9% |
903,356
+314,820
| +53% | +$65.2M |
2013 Q4
2 quarters
|
|
12
Coca-Cola
KO
$413B
| $197M | 0.88% |
4,640,366
+620,945
| +15% | +$25.2M |
2013 Q2
4 quarters
|
|
13
IBM
IBM
$233B
| $189M | 0.84% |
1,090,884
+191,675
| +21% | +$34.5M |
2013 Q2
4 quarters
|
|
14
Citigroup
C
$202B
| $185M | 0.82% |
3,920,607
+473,541
| +14% | +$22.5M |
2013 Q2
4 quarters
|
|
|
15
Alphabet (Google) Class C
GOOG
$3.52T
| $174M | 0.77% |
5,954,142
-6,042,737
| -50% | -$164M |
2013 Q2
4 quarters
|
|
16
Berkshire Hathaway Class B
BRK.B
$1.23T
| $168M | 0.75% |
1,327,673
-2,254
| -0.2% | -$285K |
2013 Q2
4 quarters
|
|
17
AT&T
T
$147B
| $167M | 0.74% |
6,235,451
-625,248
| -9% | -$16.7M |
2013 Q2
4 quarters
|
|
18
Comcast
CMCSA
$87B
| $159M | 0.71% |
5,925,880
-737,890
| -11% | -$19M |
2013 Q2
4 quarters
|
|
19
Intel
INTC
$316B
| $158M | 0.7% |
5,098,167
-265,277
| -5% | -$7.27M |
2013 Q2
4 quarters
|
|
20
Gilead Sciences
GILD
$210B
| $156M | 0.7% |
1,885,040
-179,265
| -9% | -$14M |
2013 Q2
4 quarters
|
|
21
Bank of America
BAC
$349B
| $156M | 0.69% |
10,136,648
+1,770,044
| +21% | +$27.5M |
2013 Q2
4 quarters
|
|
|
22
Visa
V
$788B
| $153M | 0.68% |
2,895,636
-935,860
| -24% | -$48.9M |
2013 Q2
4 quarters
|
|
23
SLB Ltd
SLB
$74.4B
| $142M | 0.63% |
1,201,401
-65,278
| -5% | -$6.73M |
2013 Q2
4 quarters
|
|
24
Qualcomm
QCOM
$183B
| $141M | 0.63% |
1,784,712
-311,415
| -15% | -$24.8M |
2013 Q2
4 quarters
|
|
25
Cisco
CSCO
$389B
| $141M | 0.63% |
5,675,013
-1,018,559
| -15% | -$24.3M |
2013 Q2
4 quarters
|
|
Similar funds
STRS Ohio's Q2 2014 Portfolio in Review
As of Q2 2014, STRS Ohio held 1,889 positions worth $22.4B, up 0.95% from $22.2B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
STRS Ohio withdrew a net $738M in Q2 2014, closing 196 positions and reducing 604 holdings. Its most notable exit was Westar Energy Inc, an estimated $34.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
Against the trend, STRS Ohio opened a new position in Pultegroup worth $48.4M.
- STRS Ohio's largest Q2 2014 buy was Pultegroup: 2,400,000 shares worth $48.4M.
- STRS Ohio added most to Allergan plc in Q2 2014, an estimated $65.2M increase.
- STRS Ohio's biggest Q2 2014 reduction was Alphabet (Google) Class C, cutting an estimated $164M.
- STRS Ohio fully exited Westar Energy Inc in Q2 2014, selling an estimated $34.5M.
- STRS Ohio's ten largest holdings make up 13% of its $22.4B portfolio in Q2 2014.
- STRS Ohio opened 183 new positions and closed 196 in Q2 2014.
- STRS Ohio's portfolio value rose 0.95% quarter-over-quarter to $22.4B.
Based on STRS Ohio's 13F filing for Q2 2014, filed 24 Jul 2014.