SEC 13F Intelligence

Managers / Q4 2025 · view latest →

Vestcor Inc

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

Reported Value
$3.5B
Q4 2025
Positions
1,157
Filings on Record
26
2019–present window
Filed
Feb 11, 2026
original filing

Summary

Vestcor Inc reported $3.5B in U.S.-listed holdings across 1,157 positions for Q4 2025.

Its largest position, NVDA, represents 3.3% of the portfolio.

Compared with Q3 2025, the fund opened 86 new positions and exited 105.

Portfolio Metrics

Turnover
+11.7%
vs prior filed quarter
Top-10 Concentration
+21.0%
share of reported value
Largest Position
+3.3%
Nvidia Corporation
New / Exited
86 / 105
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: 88.4%REIT: 6.6%ETP: 4.4%Other: 0.3%ADR: 0.1%Other: 0.2%
  • Common Stock · 88.4% · $3.1B
  • REIT · 6.6% · $232M
  • ETP · 4.4% · $153M
  • Other · 0.3% · $11M
  • ADR · 0.1% · $5M
  • Other · 0.2% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
IEMGISHARES INCNEW+553.8K553.8K+$37M$37M
AVIDITY BIOSCIENCES INCNEW+200.0K200.0K+$14M$14M
EXKEXACT SCIENCES CORPNEW+140.0K140.0K+$14M$14M
JAMFJAMF HLDG CORPNEW+700.0K700.0K+$9M$9M
CMACOMERICA INCNEW+80.0K80.0K+$7M$7M
CONFLUENT INCNEW+219.3K219.3K+$7M$7M
OSISKO DEVELOPMENT CORPNEW+1.75M1.75M+$6M$6M
CDTXCIDARA THERAPEUTICS INCNEW+25.0K25.0K+$6M$6M

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

Holdings — Q4 2025

493 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NVDANVIDIA CORPORATIONhistory →COM3.33%$117M626.2K
2MSFTMICROSOFT CORPhistory →COM3.12%$110M226.5K
3AAPLAPPLE INChistory →COM2.76%$97M356.5K
4USMVISHARES TRMSCI USA MIN VOL · RUSSELL 2000 ETF · MSCI EAFE MIN VL · MSCI INDIA ETF · CORE MSCI EAFE2.63%$92M935.5K
5GOOGLALPHABET INCCAP STK CL A · CAP STK CL C2.46%$86M275.2K
6AMZNAMAZON COM INChistory →COM1.85%$65M280.9K
7IEMGISHARES INCCORE MSCI EMKT · MSCI EMERG MRKT1.35%$47M712.5K
8AVGOBROADCOM INChistory →COM1.22%$43M123.3K
9METAMETA PLATFORMS INChistory →CL A1.18%$41M62.6K
10JNJJOHNSON & JOHNSONhistory →COM1.09%$38M185.2K
11TAT&T INChistory →COM0.96%$34M1.36M
12CSCOCISCO SYS INChistory →COM0.85%$30M389.0K
13VZVERIZON COMMUNICATIONS INChistory →COM0.80%$28M692.9K
14WMTWALMART INChistory →COM0.80%$28M251.8K
15GILDGILEAD SCIENCES INChistory →COM0.78%$27M223.2K
16EAELECTRONIC ARTS INChistory →COM0.78%$27M133.3K
17MRKMERCK & CO INChistory →COM0.78%$27M258.4K
18PGPROCTER AND GAMBLE COhistory →COM0.72%$25M177.4K
19TSLATESLA INChistory →COM0.72%$25M56.3K
20LLYELI LILLY & COhistory →COM0.72%$25M23.4K
21MAMASTERCARD INCORPORATEDhistory →CL A0.72%$25M44.0K
22PGRPROGRESSIVE CORPhistory →COM0.71%$25M108.7K
23MOALTRIA GROUP INChistory →COM0.70%$25M428.4K
24IBMINTERNATIONAL BUSINESS MACHShistory →COM0.68%$24M80.5K
25CLCOLGATE PALMOLIVE COhistory →COM0.67%$23M295.8K
26TMUST-MOBILE US INChistory →COM0.65%$23M113.0K
27FHIFEDERATED HERMES INChistory →CL B0.64%$23M432.9K
28EDCONSOLIDATED EDISON INChistory →COM0.63%$22M222.7K
29KRKROGER COhistory →COM0.63%$22M351.4K
30BMYBRISTOL-MYERS SQUIBB COhistory →COM0.62%$22M405.3K
31VVISA INChistory →COM CL A0.62%$22M62.1K
32DUKDUKE ENERGY CORP NEWhistory →COM NEW0.62%$22M184.4K
33PEPPEPSICO INChistory →COM0.60%$21M147.4K
34WELLWELLTOWER INChistory →COM0.60%$21M113.6K
35VRSNVERISIGN INChistory →COM0.59%$21M85.8K
36ABBVABBVIE INChistory →COM0.58%$20M88.7K
37PMPHILIP MORRIS INTL INChistory →COM0.56%$20M123.4K
38JPMJPMORGAN CHASE & CO.history →COM0.55%$19M60.2K
39PLDPROLOGIS INC.history →COM0.53%$19M145.4K
40MCKMCKESSON CORPhistory →COM0.51%$18M22.0K
41SOSOUTHERN COhistory →COM0.51%$18M206.2K
42GFLGFL ENVIRONMENTAL INChistory →SUB VTG SHS0.48%$17M391.8K
43VRTXVERTEX PHARMACEUTICALS INChistory →COM0.47%$17M36.7K
44ELVELEVANCE HEALTH INC FORMERLYhistory →COM0.45%$16M45.1K
45PLTRPALANTIR TECHNOLOGIES INChistory →CL A0.45%$16M87.9K
46NFLXNETFLIX INChistory →COM0.43%$15M160.6K
47KOCOCA COLA COhistory →COM0.42%$15M212.6K
48EQIXEQUINIX INChistory →COM0.42%$15M19.1K
49AVIDITY BIOSCIENCES INCCOM0.41%$14M200.0K
50MCDMCDONALDS CORPhistory →COM0.41%$14M47.0K
51SEICSEI INVTS COhistory →COM0.41%$14M174.3K
52EXKEXACT SCIENCES CORPhistory →COM0.41%$14M140.0K
53VICIVICI PPTYS INChistory →COM0.40%$14M503.3K
54ABTABBOTT LABShistory →COM0.40%$14M112.7K
55BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW0.39%$14M27.6K
56APHAMPHENOL CORP NEWhistory →CL A0.39%$14M102.3K
57AMTAMERICAN TOWER CORP NEWhistory →COM0.39%$14M78.5K
58INTUINTUIThistory →COM0.39%$14M20.7K
59MSIMOTOROLA SOLUTIONS INChistory →COM NEW0.39%$14M35.8K
60CHKPCHECK POINT SOFTWARE TECH LThistory →ORD0.39%$14M73.8K
61UNHUNITEDHEALTH GROUP INChistory →COM0.39%$14M41.0K
62LRCXLAM RESEARCH CORPhistory →COM NEW0.39%$14M78.9K
63MNSTMONSTER BEVERAGE CORP NEWhistory →COM0.38%$13M173.3K
64NEENEXTERA ENERGY INChistory →COM0.38%$13M165.3K
65SRESEMPRAhistory →COM0.38%$13M150.2K
66ALLALLSTATE CORPhistory →COM0.37%$13M62.5K
67COSTCOSTCO WHSL CORP NEWhistory →COM0.36%$13M14.8K
68EVRGEVERGY INChistory →COM0.36%$13M174.3K
69INCYINCYTE CORPhistory →COM0.36%$13M127.6K
70HCAHCA HEALTHCARE INChistory →COM0.35%$12M26.3K
71EQTEQT CORPhistory →COM0.34%$12M225.7K
72APPAPPLOVIN CORPhistory →COM CL A0.33%$12M17.3K
73NOWSERVICENOW INChistory →COM0.33%$11M74.7K
74NSCNORFOLK SOUTHN CORPhistory →COM0.33%$11M39.5K
75WMWASTE MGMT INC DELhistory →COM0.31%$11M50.2K
76UHSUNIVERSAL HLTH SVCS INChistory →CL B0.30%$11M48.6K
77UNMUNUM GROUPhistory →COM0.29%$10M133.2K
78EXMOCEXXON MOBIL CORPhistory →COM0.29%$10M85.3K
79OREALTY INCOME CORPhistory →COM0.29%$10M180.5K
80ADBEADOBE INChistory →COM0.29%$10M28.7K
81TXRHTEXAS ROADHOUSE INCCOM0.28%$10M59.1K
82YUMYUM BRANDS INCCOM0.27%$10M62.8K
83BACBANK AMERICA CORPCOM0.27%$9M169.9K
84DLRDIGITAL RLTY TR INCCOM0.26%$9M60.0K
85MUMICRON TECHNOLOGY INCCOM0.26%$9M32.4K
86PBUSINVESCO EXCH TRADED FD TR IIPURBTA MSCI US0.26%$9M135.0K
87HDHOME DEPOT INCCOM0.26%$9M26.8K
88JAMFJAMF HLDG CORPCOM0.26%$9M700.0K
89ORCLORACLE CORPCOM0.26%$9M46.3K
90SPGSIMON PPTY GROUP INC NEWCOM0.25%$9M46.8K
91NEUNEWMARKET CORPCOM0.25%$9M12.5K
92FICOFAIR ISAAC CORPCOM0.24%$9M5.1K
93EHCENCOMPASS HEALTH CORPCOM0.24%$9M80.3K
94CORCENCORA INCCOM0.24%$8M24.6K
95EXELEXELIXIS INCCOM0.23%$8M187.3K
96AMATAPPLIED MATLS INCCOM0.23%$8M31.6K
97IEIVANHOE ELECTRIC INCCOM0.23%$8M494.4K
98CALMCAL MAINE FOODS INCCOM NEW0.22%$8M97.2K
99AZOAUTOZONE INCCOM0.22%$8M2.3K
100WECWEC ENERGY GROUP INCCOM0.22%$8M71.6K

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 ↗.