SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Vestcor Inc

CIK 0001536925 · 140 CARLETON STREET, SUITE 400, FREDERICTON, A3, E3B 3T4 · 506-444-5800

Reported Value
$3.3B
Q3 2025
Positions
1,176
Filings on Record
26
2019–present window
Filed
Nov 13, 2025
original filing

Summary

Vestcor Inc reported $3.3B in U.S.-listed holdings across 1,176 positions for Q3 2025.

Its largest position, MSFT, represents 3.4% of the portfolio.

Compared with Q2 2025, the fund opened 136 new positions and exited 114.

Portfolio Metrics

Turnover
+14.3%
vs prior filed quarter
Top-10 Concentration
+18.8%
share of reported value
Largest Position
+3.4%
Microsoft
New / Exited
136 / 114
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 ’19: $2.1BQ4 ’19Q1 ’20: $1.8BQ2 ’20: $1.9BQ3 ’20: $2.2BQ4 ’20: $2.4BQ4 ’20Q1 ’21: $2.7BQ2 ’21: $3.0BQ3 ’21: $2.8BQ4 ’21: $2.8BQ4 ’21Q1 ’22: $2.9BQ2 ’22: $2.7BQ3 ’22: $2.6BQ4 ’22: $2.7BQ4 ’22Q1 ’23: $2.7BQ2 ’23: $2.7BQ3 ’23: $2.7BQ4 ’23: $3.0BQ4 ’23Q1 ’24: $2.9BQ2 ’24: $3.0BQ3 ’24: $3.2BQ4 ’24: $3.0BQ4 ’24Q1 ’25: $3.0BQ2 ’25: $3.3BQ3 ’25: $3.3BQ4 ’25: $3.5BQ4 ’25Q1 ’26: $3.6Bfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.8%REIT: 7.1%ETP: 1.7%Other: 0.8%ADR: 0.5%Other: 0.2%
  • Common Stock · 89.8% · $3.0B
  • REIT · 7.1% · $237M
  • ETP · 1.7% · $55M
  • Other · 0.8% · $28M
  • ADR · 0.5% · $15M
  • Other · 0.2% · $7M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VRNAVERONA PHARMA PLCNEW+75.0K75.0K+$8M$8M
GTLSCHART INDS INCNEW+35.0K35.0K+$7M$7M
MERUS N VNEW+70.0K70.0K+$7M$7M
ALAIR LEASE CORPNEW+96.3K96.3K+$6M$6M
VNOVORNADO RLTY TRNEW+112.8K112.8K+$5M$5M
PROPROS HOLDINGS INCNEW+183.7K183.7K+$4M$4M
SANDSTORM GOLD LTDNEW+300.0K300.0K+$4M$4M
ARIS WATER SOLUTIONS INCNEW+151.5K151.5K+$4M$4M

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

Holdings — Q3 2025

494 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM3.38%$113M218.4K
2NVDANVIDIA CORPORATIONhistory →COM3.31%$111M594.4K
3AAPLAPPLE INChistory →COM2.71%$91M356.6K
4GOOGALPHABET INCCAP STK CL C · CAP STK CL A1.97%$66M270.8K
5AMZNAMAZON COM INChistory →COM1.86%$62M283.0K
6METAMETA PLATFORMS INChistory →CL A1.28%$43M58.3K
7AVGOBROADCOM INChistory →COM1.16%$39M117.3K
8INDAISHARES TRMSCI INDIA ETF · RUSSELL 2000 ETF · MSCI USA MIN VOL · MSCI EAFE MIN VL · CORE MSCI EAFE1.12%$38M435.3K
9JNJJOHNSON & JOHNSONhistory →COM1.00%$34M180.7K
10TAT&T INChistory →COM0.99%$33M1.17M
11WMTWALMART INChistory →COM0.96%$32M313.2K
12VZVERIZON COMMUNICATIONS INChistory →COM0.91%$30M690.8K
13TMUST-MOBILE US INChistory →COM0.88%$29M122.5K
14MOALTRIA GROUP INChistory →COM0.86%$29M434.9K
15PGRPROGRESSIVE CORPhistory →COM0.86%$29M116.2K
16CSCOCISCO SYS INChistory →COM0.82%$27M399.7K
17PGPROCTER AND GAMBLE COhistory →COM0.82%$27M178.0K
18TSLATESLA INChistory →COM0.76%$25M57.0K
19GILDGILEAD SCIENCES INChistory →COM0.74%$25M224.1K
20VRSNVERISIGN INChistory →COM0.71%$24M85.5K
21KRKROGER COhistory →COM0.71%$24M351.4K
22CLCOLGATE PALMOLIVE COhistory →COM0.71%$24M296.0K
23MRKMERCK & CO INChistory →COM0.70%$24M281.1K
24MAMASTERCARD INCORPORATEDhistory →CL A0.70%$23M41.0K
25EAELECTRONIC ARTS INChistory →COM0.68%$23M112.7K
26EDCONSOLIDATED EDISON INChistory →COM0.67%$22M222.7K
27VVISA INChistory →COM CL A0.66%$22M65.2K
28IBMINTERNATIONAL BUSINESS MACHShistory →COM0.66%$22M78.2K
29LLYELI LILLY & COhistory →COM0.65%$22M28.7K
30ABBVABBVIE INChistory →COM0.63%$21M90.9K
31MSIMOTOROLA SOLUTIONS INChistory →COM NEW0.62%$21M45.7K
32PEPPEPSICO INChistory →COM0.62%$21M147.4K
33WELLWELLTOWER INChistory →COM0.61%$20M114.8K
34PMPHILIP MORRIS INTL INChistory →COM0.60%$20M122.9K
35PLDPROLOGIS INC.history →COM0.58%$19M169.0K
36COSTCOSTCO WHSL CORP NEWhistory →COM0.57%$19M20.7K
37JPMJPMORGAN CHASE & CO.history →COM0.57%$19M60.2K
38BMYBRISTOL-MYERS SQUIBB COhistory →COM0.55%$18M405.3K
39DUKDUKE ENERGY CORP NEWhistory →COM NEW0.54%$18M145.2K
40NFLXNETFLIX INChistory →COM0.52%$18M14.6K
41FHIFEDERATED HERMES INChistory →CL B0.51%$17M326.5K
42CHKPCHECK POINT SOFTWARE TECH LThistory →ORD0.46%$15M74.4K
43EQTEQT CORPhistory →COM0.45%$15M277.4K
44ORCLORACLE CORPhistory →COM0.44%$15M52.8K
45SEICSEI INVTS COhistory →COM0.44%$15M174.3K
46GFLGFL ENVIRONMENTAL INChistory →SUB VTG SHS0.44%$15M311.8K
47KELKELLANOVAhistory →COM0.44%$15M178.4K
48TXRHTEXAS ROADHOUSE INChistory →COM0.44%$15M87.8K
49AMTAMERICAN TOWER CORP NEWhistory →COM0.43%$15M75.6K
50ELVELEVANCE HEALTH INC FORMERLYhistory →COM0.43%$14M44.4K
51MCDMCDONALDS CORPhistory →COM0.43%$14M47.0K
52UNHUNITEDHEALTH GROUP INChistory →COM0.42%$14M41.0K
53KOCOCA COLA COhistory →COM0.42%$14M212.6K
54SOSOUTHERN COhistory →COM0.41%$14M146.0K
55SRESEMPRAhistory →COM0.41%$14M153.6K
56VRTXVERTEX PHARMACEUTICALS INChistory →COM0.41%$14M35.3K
57BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.40%$13M26.7K
58ALLALLSTATE CORPhistory →COM0.40%$13M62.2K
59VICIVICI PPTYS INChistory →COM0.40%$13M407.1K
60HDHOME DEPOT INChistory →COM0.39%$13M32.4K
61PLTRPALANTIR TECHNOLOGIES INChistory →CL A0.37%$12M68.3K
62MCKMCKESSON CORPhistory →COM0.37%$12M16.1K
63EQIXEQUINIX INChistory →COM0.36%$12M15.6K
64NOWSERVICENOW INChistory →COM0.36%$12M12.9K
65NSCNORFOLK SOUTHN CORPhistory →COM0.35%$12M39.5K
66UNMUNUM GROUPhistory →COM0.35%$12M150.1K
67WMWASTE MGMT INC DELhistory →COM0.33%$11M49.9K
68EHCENCOMPASS HEALTH CORPhistory →COM0.33%$11M85.9K
69OREALTY INCOME CORPhistory →COM0.32%$11M176.1K
70WCNWASTE CONNECTIONS INChistory →COM0.32%$11M60.6K
71ABTABBOTT LABShistory →COM0.31%$10M76.9K
72FICOFAIR ISAAC CORPhistory →COM0.31%$10M6.8K
73SFMSPROUTS FMRS MKT INChistory →COM0.30%$10M93.6K
74NEUNEWMARKET CORPhistory →COM0.30%$10M12.2K
75LRCXLAM RESEARCH CORPCOM NEW0.30%$10M74.5K
76UHSUNIVERSAL HLTH SVCS INCCL B0.30%$10M48.6K
77INCYINCYTE CORPCOM0.30%$10M116.8K
78AZOAUTOZONE INCCOM0.29%$10M2.3K
79HCAHCA HEALTHCARE INCCOM0.29%$10M22.8K
80FLEX LTDORD0.29%$10M167.3K
81EXMOCEXXON MOBIL CORPCOM0.29%$10M85.3K
82YUMYUM BRANDS INCCOM0.29%$10M62.8K
83PAYXPAYCHEX INCCOM0.28%$9M74.9K
84SPGSIMON PPTY GROUP INC NEWCOM0.28%$9M49.4K
85APPAPPLOVIN CORPCOM CL A0.27%$9M12.8K
86CALMCAL MAINE FOODS INCCOM NEW0.27%$9M97.2K
87PCGPG&E CORPCOM0.27%$9M597.6K
88PBUSINVESCO EXCH TRADED FD TR IIPURBTA MSCI US0.27%$9M134.2K
89MNSTMONSTER BEVERAGE CORP NEWCOM0.27%$9M133.0K
90CTRECARETRUST REIT INCCOM0.27%$9M256.7K
91EVRGEVERGY INCCOM0.26%$9M116.5K
92BACBANK AMERICA CORPCOM0.26%$9M171.4K
93VTRVENTAS INCCOM0.26%$9M122.8K
94GDDYGODADDY INCCL A0.26%$9M62.7K
95EXELEXELIXIS INCCOM0.25%$8M205.8K
96MDLZMONDELEZ INTL INCCL A0.25%$8M135.2K
97AMGNAMGEN INCCOM0.25%$8M29.5K
98WECWEC ENERGY GROUP INCCOM0.25%$8M71.6K
99VRNAVERONA PHARMA PLCSPONSORED ADS0.24%$8M75.0K
100INTUINTUITCOM0.24%$8M11.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$3.6B1,192May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$3.5B1,157Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$3.3B1,176Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.3B1,154Aug 8, 202513F-HRchanges · EDGAR ↗
Q1 2025$3.0B1,159May 8, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.0B1,205Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$3.2B1,171Nov 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$3.0B1,178Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.9B1,261May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$3.0B1,248Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.7B1,305Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.7B1,083Aug 15, 202313F-HRchanges · EDGAR ↗
Q1 2023$2.7B1,209May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$2.7B1,296Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$2.6B1,391Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$2.7B1,375Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.9B1,439May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.8B1,434Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.8B1,313Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.0B1,313Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$2.7B1,156May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.4B976Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$2.2B920Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.9B860Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$1.8B817May 13, 202013F-HRchanges · EDGAR ↗
Q4 2019$2.1B810Feb 12, 202013F-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 ↗.