Oregon Public Employees Retirement Fund portfolio

Pension or sovereign fund

Portfolio as of Sep 30, 2026 (Q3 2026) · filed with the SEC on Oct 30, 2026 · data updated on Nov 5, 2026 · Q3 2026 13F (filing) ↗ · all its 13F filings ↗

A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.

Oregon Public Employees Retirement Fund reported a $9.3 bn portfolio of 1,501 companies (1,509 positions, counting each share class separately) to the SEC as of the end of Q3 2026. Its largest positions are NVDA, AAPL, MSFT.

Stock portfolio

$9.3 bn

Companies

1,501

1,509 positions (by CUSIP)Top 10: 34%

Turnover

Copying its 13F, 5 years

—

Not calculated: not counted as a concentrated manager

Sections with a free account

What changed this quarter

875 positions with a change (23 new, 234 added to, 595 trimmed, 23 sold); also, 1 entered through an IPO. 1 is listed here: those of 0.5 points of the portfolio or more (up to 12).

Blue OWL Capital−31%fewer sharesReduced
1.7% → 1.1%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.

Top holdings

NVIDIANVDA7.3%
AppleAAPL6.4%
MicrosoftMSFT5.0%
AlphabetGOOGL · GOOG4.8%
Amazon.comAMZN3.2%
BroadcomAVGO2.2%
Meta PlatformsMETA2.1%
Micron TechnologyMU1.6%
TeslaTSLA1.3%
Advanced Micro DevicesAMD1.3%
Berkshire HathawayBRK/B1.2%
Eli LillyLLY1.2%
JPMorgan ChaseJPM1.2%
Blue OWL CapitalOBDC1.1%
Exxon MobilXOM0.9%
Johnson & JohnsonJNJ0.8%
VisaV0.8%
IntelINTC0.8%
WalmartWMT0.6%
AbbVieABBV0.6%
MastercardMA0.6%
Palantir TechnologiesPLTR0.6%
Cisco SystemsCSCO0.6%
Lam ResearchLRCX0.5%
Applied MaterialsAMAT0.5%
Costco WholesaleCOST0.5%
ChevronCVX0.5%
CaterpillarCAT0.5%
MerckMRK0.5%
Bank of AmericaBAC0.5%
Procter & GamblePG0.4%
Coca-ColaKO0.4%
UnitedHealth GroupUNH0.4%
GE AerospaceGE0.4%
Palo Alto NetworksPANW0.4%
Philip Morris InternationalPM0.4%
NetflixNFLX0.4%
Home DepotHD0.4%
CrowdStrike HoldingsCRWD0.4%
Goldman Sachs GroupGS0.3%
Texas InstrumentsTXN0.3%
KLAKLAC0.3%
SandiskSNDK0.3%
GE VernovaGEV0.3%
RTXRTX0.3%
Thermo Fisher ScientificTMO0.3%
Wells FargoWFC0.3%
OracleORCL0.3%
Marvell TechnologyMRVL0.3%
AmgenAMGN0.3%
Morgan StanleyMS0.3%
LindeLIN0.3%
CitigroupC0.3%
Arista NetworksANET0.3%
Seagate Technology HoldingsSTX0.3%
AmphenolAPH0.3%
International Business MachinesIBM0.3%
QualcommQCOM0.3%
Analog DevicesADI0.3%
Verizon CommunicationsVZ0.3%
SalesforceCRM0.2%
Gilead SciencesGILD0.2%
Walt DisneyDIS0.2%
PepsicoPEP0.2%
Abbott LaboratoriesABT0.2%
DeereDE0.2%
At&tT0.2%
EatonETN0.2%
WelltowerWELL0.2%
Western DigitalWDC0.2%
McDONALD’SMCD0.2%
Dell TechnologiesDELL0.2%
PfizerPFE0.2%
Union PacificUNP0.2%
American ExpressAXP0.2%
Charles SchwabSCHW0.2%
Nextera EnergyNEE0.2%
BlackRockBLK0.2%
ConocoPhillipsCOP0.2%
BoeingBA0.2%
TJXTJX0.2%
Intuitive SurgicalISRG0.2%
UBER TechnologiesUBER0.2%
DanaherDHR0.2%
ServiceNowNOW0.2%
Vertex PharmaceuticalsVRTX0.2%
Bristol-myers SquibbBMY0.2%
PrologisPLD0.2%
Booking HoldingsBKNG0.2%
CorningGLW0.2%
NewmontNEM0.2%
ProgressivePGR0.2%
Parker-hannifinPH0.2%
S&P GlobalSPGI0.2%
Capital One FinancialCOF0.2%
ChubbCB0.2%
Altria GroupMO0.1%
AccentureACN0.1%
Valero EnergyVLO0.1%

Portfolio by sector

● Information Technology 37%
● Financials 12%
● Health Care 9%
● Industrials 9%
● Consumer Discretionary 9%
● Communication Services 9%
● Consumer Staples 4%
● Energy 4%
● Real Estate 2%
● Materials 2%
● Utilities 2%
● No sector 1%

Declared options (1)

Besides stocks, Oregon Public Employees Retirement Fund declared 1 put (they gain if the stock falls) with a notional of $2.0M. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.

PUTBCEBCE$2.0M

Stakes above 5% (13D/13G)

Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.

How we classify it

Not counted as a concentrated manager: its portfolio is not within 5 to 100 positions; its top 10 positions are under 45%; it is a pension or sovereign fund; its 13F is the US slice of a global allocation. Its portfolio is shown all the same, but it is left out of manager counts, the consensus and the ranking. How this is decided

Managers of a similar size

A 13F portfolio value between a third and three times this one, whatever the type of filer. It is not a comparison of what they hold.

Mirova USInvestment firm · $9.3 bn
Edgewood ManagementInvestment firm · $9.7 bn
Gardner Russo & QuinnInvestment firm · $8.9 bn
Aspex Management (HK)Investment firm · $8.9 bn
Egerton Capital (UK) LLPInvestment firm · $9.8 bn
Altimeter Capital ManagementInvestment firm · $9.8 bn