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 |
ARRS
ARRIS International plc Ordinary Shares
ARRS
|
+$40.8M |
| 2 |
Morgan Stanley
MS
|
+$28.7M |
| 3 |
PG&E
PCG
|
+$27.7M |
| 4 |
Emerson Electric
EMR
|
+$26.6M |
| 5 |
Ametek
AME
|
+$22.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WP
Worldpay, Inc.
WP
|
+$85.4M |
| 2 |
SIVB
SVB Financial Group
SIVB
|
+$47.2M |
| 3 |
Visa
V
|
+$36.2M |
| 4 |
TJX Companies
TJX
|
+$34.1M |
| 5 |
Snap-on
SNA
|
+$32.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.87% |
| 2 | Technology | 15.94% |
| 3 | Healthcare | 13.25% |
| 4 | Industrials | 10.37% |
| 5 | Communication Services | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Apple
AAPL
$5.18T
| $714M | 3.05% |
16,880,776
-751,336
| -4% | -$31.4M |
2013 Q2
18 quarters
|
|
2
Microsoft
MSFT
$3.89T
| $598M | 2.56% |
6,996,730
-134,382
| -2% | -$11M |
2013 Q2
18 quarters
|
|
3
Amazon
AMZN
$2.88T
| $397M | 1.7% |
6,790,980
-457,800
| -6% | -$25.2M |
2013 Q2
18 quarters
|
|
4
Meta Platforms (Facebook)
META
$1.64T
| $383M | 1.64% |
2,169,236
-75,963
| -3% | -$13.4M |
2013 Q2
18 quarters
|
|
5
JPMorgan Chase
JPM
$919B
| $334M | 1.43% |
3,126,700
-16,747
| -0.5% | -$1.7M |
2013 Q2
18 quarters
|
|
6
Alphabet (Google) Class A
GOOGL
$3.64T
| $310M | 1.32% |
5,881,760
-195,160
| -3% | -$10.1M |
2015 Q4
8 quarters
|
|
7
Alphabet (Google) Class C
GOOG
$3.6T
| $288M | 1.23% |
5,499,220
-276,220
| -5% | -$14.1M |
2015 Q4
8 quarters
|
|
8
ExxonMobil
XOM
$696B
| $259M | 1.11% |
3,093,370
-63,851
| -2% | -$5.28M |
2013 Q2
18 quarters
|
|
9
Berkshire Hathaway Class B
BRK.B
$1.26T
| $239M | 1.02% |
1,205,241
-28,106
| -2% | -$5.34M |
2013 Q2
18 quarters
|
|
10
Johnson & Johnson
JNJ
$688B
| $239M | 1.02% |
1,709,407
-36,571
| -2% | -$5.09M |
2013 Q2
18 quarters
|
|
11
Bank of America
BAC
$352B
| $237M | 1.01% |
8,024,601
-377,057
| -4% | -$10.4M |
2013 Q2
18 quarters
|
|
12
UnitedHealth
UNH
$365B
| $234M | 1% |
1,063,222
-51,636
| -5% | -$10.9M |
2013 Q2
18 quarters
|
|
|
13
Visa
V
$794B
| $233M | 1% |
2,043,334
-327,639
| -14% | -$36.2M |
2013 Q2
18 quarters
|
|
14
Citigroup
C
$205B
| $230M | 0.98% |
3,085,353
-119,027
| -4% | -$8.8M |
2013 Q2
18 quarters
|
|
15
Wells Fargo
WFC
$258B
| $228M | 0.97% |
3,759,761
+122,855
| +3% | +$6.94M |
2013 Q2
18 quarters
|
|
16
Chevron
CVX
$429B
| $227M | 0.97% |
1,813,710
-58,469
| -3% | -$6.93M |
2013 Q2
18 quarters
|
|
17
Cisco
CSCO
$377B
| $207M | 0.88% |
5,405,674
-352,271
| -6% | -$12.6M |
2013 Q2
18 quarters
|
|
18
Home Depot
HD
$348B
| $195M | 0.84% |
1,031,187
-19,987
| -2% | -$3.45M |
2013 Q2
18 quarters
|
|
19
AT&T
T
$149B
| $189M | 0.81% |
6,446,042
-80,259
| -1% | -$2.19M |
2013 Q2
18 quarters
|
|
20
Comcast
CMCSA
$89.3B
| $184M | 0.79% |
4,600,979
-240,441
| -5% | -$9.04M |
2013 Q2
18 quarters
|
|
21
Procter & Gamble
PG
$394B
| $183M | 0.78% |
1,996,957
-38,347
| -2% | -$3.45M |
2013 Q2
18 quarters
|
|
22
Boeing
BA
$136B
| $161M | 0.69% |
545,519
+27,956
| +5% | +$7.57M |
2013 Q2
18 quarters
|
|
23
Verizon
VZ
$192B
| $159M | 0.68% |
3,001,628
-84,897
| -3% | -$4.17M |
2013 Q2
18 quarters
|
|
24
Adobe
ADBE
$94.6B
| $157M | 0.67% |
898,293
-94,714
| -10% | -$16.3M |
2013 Q2
18 quarters
|
|
25
PepsiCo
PEP
$198B
| $149M | 0.64% |
1,239,438
-168,678
| -12% | -$19.3M |
2013 Q2
18 quarters
|
|
Similar funds
STRS Ohio's Q4 2017 Portfolio in Review
As of Q4 2017, STRS Ohio held 2,007 positions worth $23.4B, up 0.49% from $23.3B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
STRS Ohio withdrew a net $1.12B in Q4 2017, closing 134 positions and reducing 722 holdings. Its most notable exit was Worldpay, Inc., an estimated $85.4M position sold in full.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 16% a quarter earlier, followed by Technology and Healthcare.
Against the trend, STRS Ohio opened a new position in US Foods worth $24.3M.
- STRS Ohio's largest Q4 2017 buy was US Foods: 760,000 shares worth $24.3M.
- STRS Ohio added most to ARRIS International plc Ordinary Shares in Q4 2017, an estimated $40.8M increase.
- STRS Ohio's biggest Q4 2017 reduction was SVB Financial Group, cutting an estimated $47.2M.
- STRS Ohio fully exited Worldpay, Inc. in Q4 2017, selling an estimated $85.4M.
- STRS Ohio's ten largest holdings make up 16% of its $23.4B portfolio in Q4 2017.
- STRS Ohio opened 92 new positions and closed 134 in Q4 2017.
- STRS Ohio's portfolio value rose 0.49% quarter-over-quarter to $23.4B.
Based on STRS Ohio's 13F filing for Q4 2017, filed 23 Jan 2018.