SEC 13F Intelligence

Managers / Q1 2025 · view latest →

OREGON PUBLIC EMPLOYEES RETIREMENT FUND

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

Reported Value
$5.2B
Q1 2025
Positions
1,509
Filings on Record
31
2019–present window
Filed
Apr 28, 2025
original filing

Summary

Oregon Public Employees Retirement Fund reported $5.2B in U.S.-listed holdings across 1,509 positions for Q1 2025.

Its largest position, AAPL, represents 5.5% of the portfolio.

Compared with Q4 2024, the fund opened 20 new positions and exited 20.

Portfolio Metrics

Turnover
+7.2%
vs prior filed quarter
Top-10 Concentration
+31.0%
share of reported value
Largest Position
+5.5%
Apple
New / Exited
20 / 20
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: 96.9%REIT: 3.0%Other: 0.1%
  • Common Stock · 96.9% · $5.0B
  • REIT · 3.0% · $155M
  • Other · 0.1% · $8M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DASHDOORDASH INC ANEW+29.1K29.1K+$5M$5M
GWREGUIDEWIRE SOFTWARE INCNEW+17.0K17.0K+$3M$3M
ENTGENTEGRIS INCNEW+30.7K30.7K+$3M$3M
ACIALBERTSONS COS INC CLASS ANEW+82.7K82.7K+$2M$2M
CAVACAVA GROUP INCNEW+16.6K16.6K+$1M$1M
CARTMAPLEBEAR INCNEW+32.8K32.8K+$1M$1M
SNDKSANDISK CORPNEW+26.4K26.4K+$1M$1M
RHPRYMAN HOSPITALITY PROPERTIESNEW+13.7K13.7K+$1M$1M

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

Holdings — Q1 2025

499 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM5.53%$287M1.29M
2MSFTMICROSOFT CORPhistory →COM4.63%$240M638.4K
3OBDCBLUE OWL CAPITAL CORPhistory →COM4.56%$236M16.10M
4NVDANVIDIA CORPhistory →COM4.40%$228M2.10M
5AMZNAMAZON.COM INChistory →COM2.97%$154M810.0K
6GOOGLALPHABET INC CL ACAP STK CL A · CAP STK CL C2.72%$141M907.1K
7METAMETA PLATFORMS INC CLASS Ahistory →CL A2.09%$108M188.2K
8BRK/BBERKSHIRE HATHAWAY INC CL Bhistory →CL B NEW1.62%$84M157.7K
9AVGOBROADCOM INChistory →COM1.30%$67M402.3K
10TSLATESLA INChistory →COM1.20%$62M240.5K
11JPMJPMORGAN CHASE & COhistory →COM1.14%$59M240.2K
12LLYELI LILLY & COhistory →COM1.08%$56M67.7K
13VVISA INC CLASS A SHAREShistory →COM CL A1.00%$52M148.1K
14EXMOCEXXON MOBIL CORPhistory →COM0.86%$45M374.3K
15UNHUNITEDHEALTH GROUP INChistory →COM0.80%$41M79.1K
16MAMASTERCARD INC Ahistory →CL A0.74%$38M70.0K
17COSTCOSTCO WHOLESALE CORPhistory →COM0.70%$36M38.2K
18PGPROCTER & GAMBLE CO/THEhistory →COM0.66%$34M201.5K
19JNJJOHNSON & JOHNSONhistory →COM0.66%$34M206.8K
20NFLXNETFLIX INChistory →COM0.66%$34M36.8K
21WMTWALMART INChistory →COM0.63%$33M372.8K
22ABBVABBVIE INChistory →COM0.61%$32M151.6K
23HDHOME DEPOT INChistory →COM0.60%$31M85.4K
24CVXCHEVRON CORPhistory →COM0.46%$24M143.9K
25KOCOCA COLA CO/THEhistory →COM0.46%$24M332.7K
26BACBANK OF AMERICA CORPhistory →COM0.46%$24M568.9K
27CRMSALESFORCE INChistory →COM0.43%$22M82.1K
28PMPHILIP MORRIS INTERNATIONALhistory →COM0.41%$21M133.6K
29CSCOCISCO SYSTEMS INChistory →COM0.41%$21M342.1K
30WFCWELLS FARGO & COhistory →COM0.39%$20M282.6K
31ABTABBOTT LABORATORIEShistory →COM0.38%$20M149.0K
32IBMINTL BUSINESS MACHINES CORPhistory →COM0.38%$20M79.4K
33MRKMERCK & CO. INC.history →COM0.38%$20M217.4K
34ORCLORACLE CORPhistory →COM0.38%$19M139.3K
35MCDMCDONALD S CORPhistory →COM0.37%$19M61.6K
36LINLINDE PLChistory →SHS0.37%$19M41.0K
37GENERAL ELECTRICCOM NEW0.36%$18M92.2K
38PEPPEPSICO INChistory →COM0.34%$18M117.9K
39TAT&T INChistory →COM0.34%$17M618.5K
40ACNACCENTURE PLC CL Ahistory →SHS CLASS A0.32%$17M53.7K
41VZVERIZON COMMUNICATIONS INChistory →COM0.32%$16M362.8K
42TMOTHERMO FISHER SCIENTIFIC INChistory →COM0.32%$16M32.8K
43DISWALT DISNEY CO/THEhistory →COM0.30%$15M155.3K
44ISRGINTUITIVE SURGICAL INChistory →COM NEW0.29%$15M30.7K
45RTXRTX CORPhistory →COM0.29%$15M114.4K
46PLTRPALANTIR TECHNOLOGIES INC Ahistory →CL A0.29%$15M176.1K
47INTUINTUIT INChistory →COM0.29%$15M24.1K
48GSGOLDMAN SACHS GROUP INChistory →COM0.28%$15M26.8K
49QCOMQUALCOMM INChistory →COM0.28%$15M95.0K
50AMGNAMGEN INChistory →COM0.28%$14M46.1K
51ADBEADOBE INChistory →COM0.28%$14M37.4K
52AMDADVANCED MICRO DEVICEShistory →COM0.28%$14M139.2K
53PGRPROGRESSIVE CORPhistory →COM0.28%$14M50.4K
54NOWSERVICENOW INChistory →COM0.27%$14M17.7K
55TXNTEXAS INSTRUMENTS INChistory →COM0.27%$14M78.2K
56SPGIS&P GLOBAL INChistory →COM0.27%$14M27.0K
57CATCATERPILLAR INChistory →COM0.26%$14M41.0K
58BKNGBOOKING HOLDINGS INChistory →COM0.25%$13M2.8K
59UBERUBER TECHNOLOGIES INChistory →COM0.25%$13M179.5K
60AXPAMERICAN EXPRESS COhistory →COM0.25%$13M47.6K
61BSXBOSTON SCIENTIFIC CORPhistory →COM0.25%$13M126.6K
62NEENEXTERA ENERGY INChistory →COM0.24%$13M176.7K
63MSMORGAN STANLEYhistory →COM NEW0.24%$12M106.3K
64PFEPFIZER INChistory →COM0.24%$12M486.8K
65UNPUNION PACIFIC CORPhistory →COM0.24%$12M51.9K
66GILDGILEAD SCIENCES INChistory →COM0.23%$12M107.0K
67CMCSACOMCAST CORP CLASS Ahistory →CL A0.23%$12M324.0K
68HONHONEYWELL INTERNATIONAL INChistory →COM0.23%$12M55.9K
69BLKBLACKROCK INChistory →COM0.23%$12M12.5K
70TJXTJX COMPANIES INChistory →COM0.23%$12M96.6K
71COPCONOCOPHILLIPShistory →COM0.22%$12M110.1K
72SCHWSCHWAB (CHARLES) CORPhistory →COM0.22%$11M146.4K
73CCITIGROUP INChistory →COM NEW0.22%$11M161.2K
74LOWLOWE S COS INChistory →COM0.22%$11M48.5K
75DHRDANAHER CORPhistory →COM0.22%$11M54.9K
76BABOEING CO/THEhistory →COM0.21%$11M64.8K
77SYKSTRYKER CORPhistory →COM0.21%$11M29.5K
78TMUST MOBILE US INChistory →COM0.21%$11M41.2K
79CHKPCHECK POINT SOFTWARE TECHhistory →ORD0.21%$11M47.8K
80FISVFISERV INChistory →COM0.21%$11M48.9K
81VRTXVERTEX PHARMACEUTICALS INChistory →COM0.21%$11M22.1K
82ADPAUTOMATIC DATA PROCESSINGhistory →COM0.21%$11M35.0K
83BMYBRISTOL MYERS SQUIBB COhistory →COM0.21%$11M174.3K
84MRSHMARSH & MCLENNAN COShistory →COM0.20%$10M42.2K
85DEDEERE & COhistory →COM0.20%$10M21.7K
86AMATAPPLIED MATERIALS INChistory →COM0.20%$10M69.8K
87MDTMEDTRONIC PLCSHS0.19%$10M110.1K
88PANWPALO ALTO NETWORKS INCCOM0.19%$10M56.9K
89CBCHUBB LTDCOM0.19%$10M32.0K
90SBUXSTARBUCKS CORPCOM0.18%$10M97.6K
91ETNEATON CORP PLCSHS0.18%$9M33.9K
92PLDPROLOGIS INCCOM0.17%$9M79.6K
93BXBLACKSTONE INCCOM0.17%$9M62.8K
94AMTAMERICAN TOWER CORPCOM0.17%$9M40.2K
95MOALTRIA GROUP INCCOM0.17%$9M145.6K
96SOSOUTHERN CO/THECOM0.17%$9M94.2K
97ELVELEVANCE HEALTH INCCOM0.17%$9M19.9K
98ADIANALOG DEVICES INCCOM0.17%$9M42.6K
99ICEINTERCONTINENTAL EXCHANGE INCOM0.17%$9M49.7K
100INTCINTEL CORPCOM0.16%$8M372.0K

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 ↗.