SEC 13F Intelligence

Managers / Q3 2025 · view latest →

PUBLIC EMPLOYEES RETIREMENT ASSOCIATION OF COLORADO

CIK 0000315297 · 1301 PENNSYLVANIA STREET, DENVER, CO, 80203 · 3038329550

Reported Value
$27M
Q3 2025
Positions
1,887
Filings on Record
32
2019–present window
Filed
Nov 13, 2025
original filing

Summary

Public Employees Retirement Association Of Colorado reported $27M in U.S.-listed holdings across 1,887 positions for Q3 2025.

Its largest position, NVDA, represents 8.3% of the portfolio.

Compared with Q2 2025, the fund opened 47 new positions and exited 46.

Portfolio Metrics

Turnover
+6.3%
vs prior filed quarter
Top-10 Concentration
+42.1%
share of reported value
Largest Position
+8.3%
Nvidia
New / Exited
47 / 46
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $13.9BQ4 ’18Q1 ’19: $15.7BQ2 ’19: $16.3BQ3 ’19: $16.4BQ4 ’19: $17.7BQ4 ’19Q1 ’20: $14.3BQ2 ’20: $17.5BQ3 ’20: $18.9BQ4 ’20: $20.6BQ4 ’20Q1 ’21: $21.4BQ2 ’21: $23.0BQ3 ’21: $22.7BQ4 ’21: $24.5BQ4 ’21Q1 ’22: $22.0BQ2 ’22: $18.2BQ3 ’22: $17.3BQ1 ’23: $19MQ1 ’23Q2 ’23: $21MQ3 ’23: $20MQ4 ’23: $22MQ1 ’24: $23MQ1 ’24Q2 ’24: $24MQ3 ’24: $25MQ4 ’24: $25MQ1 ’25: $23MQ1 ’25Q2 ’25: $26MQ3 ’25: $27MQ4 ’25: $27MQ1 ’26: $25MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 93.2%Other: 4.5%REIT: 1.4%ADR: 1.0%Tracking Stk: 0.0%
  • Common Stock · 93.2% · $25M
  • Other · 4.5% · $1M
  • REIT · 1.4% · $368,990
  • ADR · 1.0% · $274,817
  • Tracking Stk · 0.0% · $2,743

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MAINMAIN STREET CAPITAL CORPNEW+280.2K280.2K+$17,818$17,818
OKLOOKLO INCNEW+10.0K10.0K+$1,120$1,120
PRIMPRIMORIS SERVICES CORPNEW+4.8K4.8K+$652$652
GLXYGALAXY DIGITAL INCNEW+16.8K16.8K+$567$567
LEUCENTRUS ENERGY CORPNEW+1.7K1.7K+$521$521
GATES INDUSTRIAL CORP PLCNEW+20.6K20.6K+$511$511
MTGMGIC INVESTMENT CORPNEW+17.1K17.1K+$485$485
APLDAPPLIED DIGITAL CORPNEW+20.1K20.1K+$461$461

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2025

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPhistory →COM8.33%$2M12.15M
2MSFTMICROSOFT CORPhistory →COM6.95%$2M3.65M
3AAPLAPPLE INChistory →COM6.49%$2M6.94M
4GOOGLALPHABET INC CL ACOM5.15%$1M5.76M
5AMZNAMAZON.COM INChistory →COM4.39%$1M5.45M
6METAMETA PLATFORMS INC - CL Ahistory →COM3.44%$936,2651.27M
7AVGOBROADCOM INChistory →COM2.52%$685,1242.08M
8JPMJPMORGAN CHASE & COhistory →COM2.01%$546,3521.73M
9VVISA INC CLASS Ahistory →COM1.79%$486,0191.42M
10WMTWALMART INChistory →COM1.62%$441,7994.29M
11ORCLORACLE CORPORATIONhistory →COM1.54%$418,1681.49M
12COSTCOSTCO WHOLESALE CORPhistory →COM1.48%$402,175434.5K
13TSLATESLA INChistory →COM1.38%$376,495846.6K
144I1PHILIP MORRIS INTERNATIONAL INChistory →COM1.29%$352,2282.17M
15MAMASTERCARD INC - CLASS Ahistory →COM1.26%$342,319601.8K
16AXPAMERICAN EXPRESS COhistory →COM1.24%$338,6311.02M
17BLKBLCKRCK INChistory →COM1.21%$329,462282.6K
18EXMOCEXXON MOBIL CORPORATIONhistory →COM1.17%$319,4142.83M
19DWDMORGAN STANLEYhistory →COM1.10%$298,1291.88M
20LLYELI LILLY & COhistory →COM1.02%$278,047364.4K
21NFLXNETFLIX INCCOM1.00%$271,398226.4K
22GENERAL ELECTRIC COCOM0.98%$265,878883.8K
23WCNWASTE CONNECTIONS INCCOM0.84%$229,6231.31M
24CRMSALESFORCE.COM INCCOM0.82%$221,861936.1K
25LINDE PLC NEWCOM0.81%$221,018465.3K
26HDHOME DEPOT INCCOM0.80%$216,365534.0K
27TSMTAIWAN SEMICONDUCTOR SP ACOM0.77%$210,808754.8K
28ABBVABBVIE INCCOM0.73%$199,900863.4K
29ICEINTERCONTINENTAL EXCHANGE INCCOM0.71%$193,4211.15M
30ABTABBOTT LABORATORIESCOM0.69%$186,3951.39M
31APHAMPHENOL CORP CL ACOM0.68%$183,9671.49M
32EMREMERSON ELECTRIC COCOM0.61%$164,8631.26M
33JOHNSON CONTROLS INTERNATIONAL PLCCOM0.61%$164,6121.50M
34ORLYO'REILLY AUTOMOTIVE INCCOM0.60%$163,9161.52M
35PANWPALO ALTO NETWORKS INCCOM0.58%$158,737779.6K
36MLB1MERCADOLIBRE INCCOM0.58%$156,91967.1K
37CHUBB LTDCOM0.51%$137,565487.4K
38EATON CORP PLCCOM0.50%$134,706359.9K
39EOGEOG RESOURCES INCCOM0.49%$133,3711.19M
40VRTXVERTEX PHARMACEUTICALS INCCOM0.48%$131,627336.1K
41SHWSHERWIN WILLIAMS COCOM0.48%$131,281379.1K
42BSXBOSTON SCIENTIFIC CORPCOM0.46%$125,0871.28M
43KLACKLA CORPCOM0.45%$122,554113.6K
44TMOTHERMO FISHER SCIENTIFIC INCCOM0.44%$120,240247.9K
45CRH PLCCOM0.44%$119,9331.00M
46MCKMCKESSON HBOC INCCOM0.44%$118,949154.0K
47TXNTEXAS INSTRUMENTS INCCOM0.43%$117,395639.0K
48UNPUNION PACIFIC CORPCOM0.39%$106,524450.7K
49PLTRPALANTIR TECHNOLOGIES INCCOM0.38%$102,399561.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$25M1,848May 14, 202613F-HRchanges · EDGAR ↗
Q4 2025$27M1,866Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$27M1,887Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$26M1,886Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$23M1,906May 12, 202513F-HRchanges · EDGAR ↗
Q4 2024$25M1,925Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$25M1,944Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$24M1,916Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$23M1,907May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$22M1,913Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$20M1,930Nov 14, 2023RESTATEMENTchanges · EDGAR ↗
Q2 2023$21M1,942Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023$19M1,959May 8, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review1,956Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$17.3B1,954Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$18.2B1,959Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$22.0B1,928May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$24.5B1,940Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$22.7B1,919Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$23.0B1,918Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$21.4B1,896May 13, 202113F-HRchanges · EDGAR ↗
Q4 2020$20.6B1,891Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$18.9B1,867Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$17.5B1,853Aug 5, 202013F-HRchanges · EDGAR ↗
Q1 2020$14.3B1,801May 27, 2020RESTATEMENTchanges · EDGAR ↗
Q4 2019$17.7B1,827Feb 5, 202013F-HRchanges · EDGAR ↗
Q3 2019$16.4B1,847Nov 5, 201913F-HRchanges · EDGAR ↗
Q2 2019$16.3B1,881Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$15.7B1,821Apr 30, 201913F-HRchanges · EDGAR ↗
Q4 2018$13.9B1,876Feb 8, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.