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 |
Alphabet (Google) Class C
GOOG
|
+$161M |
| 2 |
Sixth Street Specialty
TSLX
|
+$69.4M |
| 3 |
CPN
Calpine Corporation
CPN
|
+$49.8M |
| 4 |
Oracle
ORCL
|
+$49.6M |
| 5 |
Chevron
CVX
|
+$45.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Host Hotels & Resorts
HST
|
+$51.7M |
| 2 |
PG&E
PCG
|
+$50M |
| 3 |
ExxonMobil
XOM
|
+$44.8M |
| 4 |
Viatris
VTRS
|
+$44.5M |
| 5 |
AXIS Capital
AXS
|
+$43.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.23% |
| 2 | Financials | 14.75% |
| 3 | Healthcare | 13.39% |
| 4 | Industrials | 10.59% |
| 5 | Energy | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.18T
| $606M | 2.68% |
24,062,360
-176,000
| -0.7% | -$4.32M |
2013 Q2
5 quarters
|
|
2
Microsoft
MSFT
$3.89T
| $376M | 1.66% |
8,100,158
-55,000
| -0.7% | -$2.45M |
2013 Q2
5 quarters
|
|
|
3
ExxonMobil
XOM
$696B
| $339M | 1.5% |
3,608,795
-450,000
| -11% | -$44.8M |
2013 Q2
5 quarters
|
|
|
4
Alphabet (Google) Class C
GOOG
$3.6T
| $335M | 1.48% |
11,506,645
+5,552,503
| +93% | +$161M |
2013 Q2
5 quarters
|
|
5
Procter & Gamble
PG
$394B
| $262M | 1.16% |
3,126,550
+60,000
| +2% | +$4.92M |
2013 Q2
5 quarters
|
|
|
6
Chevron
CVX
$429B
| $254M | 1.12% |
2,128,914
+360,000
| +20% | +$45.9M |
2013 Q2
5 quarters
|
|
7
Johnson & Johnson
JNJ
$688B
| $251M | 1.11% |
2,355,699
-66,055
| -3% | -$6.85M |
2013 Q2
5 quarters
|
|
8
GE Aerospace
GE
$344B
| $246M | 1.09% |
2,006,015
| – | – |
2013 Q2
5 quarters
|
|
9
Verizon
VZ
$192B
| $233M | 1.03% |
4,658,229
-326,517
| -7% | -$16.2M |
2013 Q2
5 quarters
|
|
10
Wells Fargo
WFC
$258B
| $228M | 1.01% |
4,390,179
-52,000
| -1% | -$2.67M |
2013 Q2
5 quarters
|
|
11
JPMorgan Chase
JPM
$919B
| $225M | 1% |
3,741,200
| – | – |
2013 Q2
5 quarters
|
|
12
Citigroup
C
$205B
| $210M | 0.93% |
4,043,607
+123,000
| +3% | +$6.18M |
2013 Q2
5 quarters
|
|
|
AGN
13
DELISTED
Allergan plc
AGN
| $209M | 0.92% |
867,320
-36,036
| -4% | -$8.06M |
2013 Q4
3 quarters
|
|
14
Coca-Cola
KO
$427B
| $204M | 0.9% |
4,775,366
+135,000
| +3% | +$5.58M |
2013 Q2
5 quarters
|
|
15
IBM
IBM
$234B
| $202M | 0.89% |
1,114,419
+23,535
| +2% | +$4.29M |
2013 Q2
5 quarters
|
|
16
Gilead Sciences
GILD
$208B
| $192M | 0.85% |
1,803,040
-82,000
| -4% | -$8.03M |
2013 Q2
5 quarters
|
|
17
Berkshire Hathaway Class B
BRK.B
$1.26T
| $183M | 0.81% |
1,327,673
| – | – |
2013 Q2
5 quarters
|
|
18
Bank of America
BAC
$352B
| $173M | 0.76% |
10,136,648
| – | – |
2013 Q2
5 quarters
|
|
19
AT&T
T
$149B
| $158M | 0.7% |
5,934,903
-300,548
| -5% | -$8M |
2013 Q2
5 quarters
|
|
20
Cisco
CSCO
$377B
| $149M | 0.66% |
5,912,413
+237,400
| +4% | +$5.97M |
2013 Q2
5 quarters
|
|
21
Comcast
CMCSA
$89.3B
| $148M | 0.65% |
5,490,880
-435,000
| -7% | -$11.9M |
2013 Q2
5 quarters
|
|
22
Intel
INTC
$317B
| $147M | 0.65% |
4,213,167
-885,000
| -17% | -$30M |
2013 Q2
5 quarters
|
|
|
23
Oracle
ORCL
$391B
| $145M | 0.64% |
3,796,229
+1,225,000
| +48% | +$49.6M |
2013 Q2
5 quarters
|
|
24
PepsiCo
PEP
$198B
| $144M | 0.63% |
1,542,894
-20,000
| -1% | -$1.83M |
2013 Q2
5 quarters
|
|
25
Visa
V
$794B
| $143M | 0.63% |
2,675,636
-220,000
| -8% | -$11.8M |
2013 Q2
5 quarters
|
|
Similar funds
STRS Ohio's Q3 2014 Portfolio in Review
As of Q3 2014, STRS Ohio held 1,904 positions worth $22.6B, up 0.91% from $22.4B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
STRS Ohio's Q3 2014 filing shows 209 new, 498 increased, 540 reduced and 124 closed positions. Its largest new stake was Sixth Street Specialty: 3,725,214 shares worth $59.6M. The largest sale was Host Hotels & Resorts, an estimated $51.7M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Financials and Healthcare.
- STRS Ohio's largest Q3 2014 buy was Sixth Street Specialty: 3,725,214 shares worth $59.6M.
- STRS Ohio added most to Alphabet (Google) Class C in Q3 2014, an estimated $161M increase.
- STRS Ohio's biggest Q3 2014 reduction was Host Hotels & Resorts, cutting an estimated $51.7M.
- STRS Ohio fully exited AXIS Capital in Q3 2014, selling an estimated $43.4M.
- STRS Ohio's ten largest holdings make up 14% of its $22.6B portfolio in Q3 2014.
- STRS Ohio opened 209 new positions and closed 124 in Q3 2014.
- STRS Ohio's portfolio value rose 0.91% quarter-over-quarter to $22.6B.
Based on STRS Ohio's 13F filing for Q3 2014, filed 20 Oct 2014.