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 |
Kilroy Realty
KRC
|
+$43.7M |
| 2 |
Citizens Financial Group
CFG
|
+$33.9M |
| 3 |
BBBY
Bed Bath & Beyond Inc
BBBY
|
+$33.3M |
| 4 |
Equinix
EQIX
|
+$27.1M |
| 5 |
Intuitive Surgical
ISRG
|
+$25.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE ETF
EFA
|
+$148M |
| 2 |
EMC CORPORATION
EMC
|
+$100M |
| 3 |
iShares MSCI Emerging Markets ETF
EEM
|
+$93.7M |
| 4 |
ITC
ITC HOLDINGS CORP
ITC
|
+$51.9M |
| 5 |
MetLife
MET
|
+$37.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 14.24% |
| 2 | Healthcare | 14.1% |
| 3 | Technology | 13.94% |
| 4 | Industrials | 10.44% |
| 5 | Real Estate | 9.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.02T
| $583M | 2.6% |
20,620,072
-710,592
| -3% | -$18.8M |
2013 Q2
13 quarters
|
|
2
Microsoft
MSFT
$3.94T
| $418M | 1.87% |
7,254,122
+184,897
| +3% | +$10.4M |
2013 Q2
13 quarters
|
|
3
Amazon
AMZN
$2.75T
| $319M | 1.42% |
7,613,860
-289,200
| -4% | -$11.1M |
2013 Q2
13 quarters
|
|
4
Meta Platforms (Facebook)
META
$1.59T
| $304M | 1.36% |
2,372,266
+4,807
| +0.2% | +$597K |
2013 Q2
13 quarters
|
|
5
ExxonMobil
XOM
$748B
| $296M | 1.32% |
3,393,664
-61,567
| -2% | -$5.46M |
2013 Q2
13 quarters
|
|
6
Alphabet (Google) Class C
GOOG
$3.94T
| $235M | 1.05% |
6,045,420
-110,500
| -2% | -$4.2M |
2015 Q4
3 quarters
|
|
7
GE Aerospace
GE
$312B
| $231M | 1.03% |
1,625,738
-57,066
| -3% | -$8.51M |
2013 Q2
13 quarters
|
|
8
Alphabet (Google) Class A
GOOGL
$3.97T
| $229M | 1.03% |
5,708,220
-129,840
| -2% | -$5.08M |
2015 Q4
3 quarters
|
|
9
Procter & Gamble
PG
$367B
| $227M | 1.01% |
2,527,735
-364,903
| -13% | -$31.7M |
2013 Q2
13 quarters
|
|
10
Johnson & Johnson
JNJ
$652B
| $225M | 1% |
1,903,787
-50,434
| -3% | -$6.12M |
2013 Q2
13 quarters
|
|
11
Visa
V
$749B
| $220M | 0.98% |
2,654,746
-9,137
| -0.3% | -$732K |
2013 Q2
13 quarters
|
|
12
JPMorgan Chase
JPM
$901B
| $219M | 0.98% |
3,295,902
-66,070
| -2% | -$4.31M |
2013 Q2
13 quarters
|
|
13
AT&T
T
$139B
| $216M | 0.97% |
7,051,056
-363,283
| -5% | -$11.5M |
2013 Q2
13 quarters
|
|
14
Chevron
CVX
$450B
| $208M | 0.93% |
2,016,741
-34,836
| -2% | -$3.56M |
2013 Q2
13 quarters
|
|
|
AGN
15
DELISTED
Allergan plc
AGN
| $204M | 0.91% |
886,673
-69,892
| -7% | -$17.1M |
2013 Q4
11 quarters
|
|
16
Citigroup
C
$205B
| $192M | 0.86% |
4,074,220
-90,406
| -2% | -$4.11M |
2013 Q2
13 quarters
|
|
17
Berkshire Hathaway Class B
BRK.B
$1.16T
| $188M | 0.84% |
1,300,452
-28,826
| -2% | -$4.22M |
2013 Q2
13 quarters
|
|
18
Simon Property Group
SPG
$68.3B
| $181M | 0.81% |
876,435
-2,169
| -0.2% | -$470K |
2013 Q2
13 quarters
|
|
19
Wells Fargo
WFC
$251B
| $179M | 0.8% |
4,051,688
-84,673
| -2% | -$4.05M |
2013 Q2
13 quarters
|
|
20
Coca-Cola
KO
$395B
| $172M | 0.77% |
4,070,516
-89,785
| -2% | -$3.93M |
2013 Q2
13 quarters
|
|
21
Comcast
CMCSA
$76.6B
| $170M | 0.76% |
5,135,010
-147,542
| -3% | -$4.91M |
2013 Q2
13 quarters
|
|
22
Verizon
VZ
$179B
| $170M | 0.76% |
3,276,556
-200,899
| -6% | -$10.8M |
2013 Q2
13 quarters
|
|
23
UnitedHealth
UNH
$365B
| $169M | 0.76% |
1,208,742
+28,088
| +2% | +$3.93M |
2013 Q2
13 quarters
|
|
24
PepsiCo
PEP
$181B
| $165M | 0.74% |
1,518,793
-51,047
| -3% | -$5.5M |
2013 Q2
13 quarters
|
|
25
Cisco
CSCO
$435B
| $161M | 0.72% |
5,091,059
-95,800
| -2% | -$2.95M |
2013 Q2
13 quarters
|
|
Similar funds
STRS Ohio's Q3 2016 Portfolio in Review
As of Q3 2016, STRS Ohio held 2,049 positions worth $22.4B, down 0.48% from $22.5B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
STRS Ohio withdrew a net $929M in Q3 2016, closing 149 positions and reducing 1,232 holdings. Its most notable exit was EMC CORPORATION, an estimated $100M position sold in full.
By sector, the portfolio is most concentrated in Financials at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Technology.
Against the trend, STRS Ohio opened a new position in Ryder worth $23.1M.
- STRS Ohio's largest Q3 2016 buy was Ryder: 350,000 shares worth $23.1M.
- STRS Ohio added most to Kilroy Realty in Q3 2016, an estimated $43.7M increase.
- STRS Ohio's biggest Q3 2016 reduction was iShares MSCI EAFE ETF, cutting an estimated $148M.
- STRS Ohio fully exited EMC CORPORATION in Q3 2016, selling an estimated $100M.
- STRS Ohio's ten largest holdings make up 14% of its $22.4B portfolio in Q3 2016.
- STRS Ohio opened 137 new positions and closed 149 in Q3 2016.
- STRS Ohio's portfolio value fell 0.48% quarter-over-quarter to $22.4B.
Based on STRS Ohio's 13F filing for Q3 2016, filed 27 Oct 2016.