SEC 13F Intelligence

Managers / Q1 2023 · view latest →

OREGON PUBLIC EMPLOYEES RETIREMENT FUND

CIK 0001107314 · 16290 SW UPPER BOONES FERRY ROAD, TIGARD, OR, 97224 · 503-431-7909

Reported Value
$8.1B
Q1 2023
Positions
1,690
Filings on Record
31
2019–present window
Filed
May 4, 2023
original filing

Summary

Oregon Public Employees Retirement Fund reported $8.1B in U.S.-listed holdings across 1,690 positions for Q1 2023.

Its largest position, AAPL, represents 3.0% of the portfolio.

Compared with Q4 2022, the fund opened 54 new positions and exited 64.

Portfolio Metrics

Turnover
+7.6%
vs prior filed quarter
Top-10 Concentration
+15.3%
share of reported value
Largest Position
+3.0%
Apple
New / Exited
54 / 64
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: $6.3BQ4 ’18Q1 ’19: $7.1BQ2 ’19: $7.4BQ3 ’19: $7.6BQ4 ’19: $7.2BQ4 ’19Q1 ’20: $5.8BQ2 ’20: $6.8BQ3 ’20: $6.8BQ4 ’20: $7.6BQ4 ’20Q1 ’21: $8.4BQ2 ’21: $8.9BQ3 ’21: $8.7BQ4 ’21: $9.1BQ4 ’21Q1 ’22: $9.8BQ2 ’22: $6.6BQ3 ’22: $7.0BQ4 ’22: $7.7BQ4 ’22Q1 ’23: $8.1BQ2 ’23: $8.4BQ3 ’23: $7.2BQ4 ’23: $5.7BQ4 ’23Q1 ’24: $5.0BQ2 ’24: $5.1BQ3 ’24: $5.3BQ4 ’24: $5.4BQ4 ’24Q1 ’25: $5.2BQ2 ’25: $5.7BQ3 ’25: $7.7BQ4 ’25: $7.9BQ4 ’25Q1 ’26: $7.6Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 80.0%Other: 18.0%REIT: 2.0%
  • Common Stock · 80.0% · $6.5B
  • Other · 18.0% · $1.5B
  • REIT · 2.0% · $164M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
OBDCOwl Rock CaptialNEW+8.98M8.98M+$116M$116M
BHP GROUP LTDNEW+1.11M1.11M+$35M$35M
IBERDROLA SANEW+2.57M2.57M+$32M$32M
SUMITOMO MITSUI FINANCIAL GRNEW+651.9K651.9K+$26M$26M
MITSUI CO LTDNEW+827.6K827.6K+$26M$26M
VOLVO AB B SHSNEW+1.08M1.08M+$22M$22M
LINDE PLCNEW+38.2K38.2K+$14M$14M
ARCELORMITTALNEW+377.4K377.4K+$11M$11M

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

Holdings — Q1 2023

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM2.98%$240M1.46M
2MSFTMICROSOFT CORPhistory →COM2.74%$222M768.3K
3GOOGLALPHABET INC CL ACOM1.72%$139M1.34M
4OBDCOwl Rock Captialhistory →COM1.44%$116M8.98M
5UNHUNITEDHEALTH GROUP INChistory →COM1.41%$114M240.9K
6NVDANVIDIA CORPhistory →COM1.40%$113M406.0K
7LLYELI LILLY COhistory →COM1.22%$99M287.2K
8CSCOCISCO SYSTEMS INChistory →COM1.08%$87M1.66M
9EXMOCEXXON MOBIL CORPhistory →COM1.04%$84M766.4K
10INTCINTEL CORPhistory →COM1.02%$82M2.52M
11ABBVABBVIE INChistory →COM1.01%$81M510.7K
12MRKMERCK CO INChistory →COM1.01%$81M762.9K
13METAMETA PLATFORMS INC CLASS Ahistory →COM1.00%$81M380.3K
14TATT INChistory →COM0.92%$74M3.84M
15PFEPFIZER INChistory →COM0.90%$73M1.78M
16AMZNAMAZON COM INChistory →COM0.88%$71M691.2K
17CHVCHEVRON CORPhistory →COM0.83%$67M411.5K
18HDHOME DEPOT INChistory →COM0.83%$67M225.9K
19JNJJOHNSON JOHNSONhistory →COM0.83%$67M430.0K
20VVISA INC CLASS A SHAREShistory →COM0.81%$66M291.0K
21MAMASTERCARD INC Ahistory →COM0.70%$57M156.4K
22BMYBRISTOL MYERS SQUIBB COhistory →COM0.65%$53M758.0K
23PEPPEPSICO INChistory →COM0.58%$47M257.9K
24NOVO NORDISK A S BCOM0.58%$47M296.0K
25TSLATESLA INChistory →COM0.54%$43M208.6K
26BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →COM0.53%$43M139.4K
27MUMICRON TECHNOLOGY INChistory →COM0.52%$42M689.6K
28AVGOBROADCOM INChistory →COM0.51%$41M64.6K
29GILDGILEAD SCIENCES INChistory →COM0.50%$41M488.6K
30AMATAPPLIED MATERIALS INChistory →COM0.50%$40M326.8K
31IBMINTL BUSINESS MACHINES CORPhistory →COM0.49%$40M303.3K
32MCDMCDONALD S CORPhistory →COM0.49%$40M141.7K
33NOVARTIS AG REGCOM0.48%$39M426.1K
34KOCOCA COLA CO THEhistory →COM0.47%$38M615.0K
35SANOFICOM0.46%$37M344.3K
36LMTLOCKHEED MARTIN CORPhistory →COM0.46%$37M79.1K
37EOGEOG RESOURCES INChistory →COM0.46%$37M324.6K
38RTXRAYTHEON TECHNOLOGIES CORPhistory →COM0.46%$37M378.5K
39SHELL PLCCOM0.46%$37M1.30M
40GMGENERAL MOTORS COhistory →COM0.45%$36M990.5K
41COSTCOSTCO WHOLESALE CORPhistory →COM0.44%$36M71.6K
42BHP GROUP LTDCOM0.43%$35M1.11M
43TRVCCITIGROUP INChistory →COM0.42%$34M720.4K
44COPCONOCOPHILLIPShistory →COM0.40%$32M327.0K
45CITHE CIGNA GROUPhistory →COM0.40%$32M126.7K
46FFORD MOTOR COhistory →COM0.40%$32M2.55M
47IBERDROLA SACOM0.40%$32M2.57M
48ELVELEVANCE HEALTH INChistory →COM0.40%$32M69.4K
49CVSCVS HEALTH CORPhistory →COM0.39%$32M427.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$7.6B1,510Apr 29, 202613F-HRchanges · EDGAR ↗
Q4 2025$7.9B1,510Feb 4, 202613F-HRchanges · EDGAR ↗
Q3 2025$7.7B1,510Oct 24, 202513F-HRchanges · EDGAR ↗
Q2 2025$5.7B1,509Jul 25, 202513F-HRchanges · EDGAR ↗
Q1 2025$5.2B1,509Apr 28, 202513F-HRchanges · EDGAR ↗
Q4 2024$5.4B1,509Feb 5, 202513F-HRchanges · EDGAR ↗
Q3 2024$5.3B1,511Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$5.1B1,511Aug 2, 202413F-HRchanges · EDGAR ↗
Q1 2024$5.0B1,511May 3, 202413F-HRchanges · EDGAR ↗
Q4 2023$5.7B1,547Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$7.2B1,672Oct 27, 202313F-HRchanges · EDGAR ↗
Q2 2023$8.4B1,690Jul 26, 202313F-HRchanges · EDGAR ↗
Q1 2023$8.1B1,690May 4, 202313F-HRchanges · EDGAR ↗
Q4 2022$7.7B1,700Jan 26, 202313F-HRchanges · EDGAR ↗
Q3 2022$7.0B1,694Nov 2, 202213F-HRchanges · EDGAR ↗
Q2 2022$6.6B1,539Jul 25, 202213F-HRchanges · EDGAR ↗
Q1 2022$9.8B1,692Apr 21, 202213F-HRchanges · EDGAR ↗
Q4 2021$9.1B1,582Feb 1, 202213F-HRchanges · EDGAR ↗
Q3 2021$8.7B1,572Oct 19, 202113F-HRchanges · EDGAR ↗
Q2 2021$8.9B1,577Jul 23, 202113F-HRchanges · EDGAR ↗
Q1 2021$8.4B1,597Apr 20, 202113F-HRchanges · EDGAR ↗
Q4 2020$7.6B1,602Feb 9, 202113F-HRchanges · EDGAR ↗
Q3 2020$6.8B1,577Nov 3, 202013F-HRchanges · EDGAR ↗
Q2 2020$6.8B1,579Jul 21, 202013F-HRchanges · EDGAR ↗
Q1 2020$5.8B1,589Apr 20, 202013F-HRchanges · EDGAR ↗
Q4 2019$7.2B1,584Feb 5, 202013F-HRchanges · EDGAR ↗
Q3 2019$7.6B1,652Nov 7, 201913F-HRchanges · EDGAR ↗
Q2 2019$7.4B1,669Jul 16, 201913F-HRchanges · EDGAR ↗
Q1 2019$7.1B1,646May 7, 201913F-HRchanges · EDGAR ↗
Q4 2018$6.3B1,669Feb 7, 2019RESTATEMENTchanges · 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 ↗.