Oregon Public Employees Retirement Fund
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 3, 2024), Oregon Public Employees Retirement Fund reported 1,511 stock positions worth $5.0 billion. Its top holding was Microsoft (MSFT) at 5.3% of the portfolio, followed by Apple (AAPL, 4.2%) and Nvidia (NVDA, 3.8%). Compared with Q4 2023, it opened 15 new positions, sold out of 50, added to 252 and reduced 1,242. The biggest buy was a new position in Blue Owl Capital Corp. III (OBDE) and the biggest sale Intel (INTC, shares −74%).
- Most Recent 13F
- Q2 2026
- Location
- TIGARD, OR
- CIK
- 0001107314
- Portfolio Value
- $5.0B (Q1 2024)
- SEC Filing
- 0001213900-24-039269 ↗ filed May 3, 2024
Holdings Value
Holdings 1,511 stocks · $5.0B
| MSFT Microsoft Corp. | 5.31% | 635,177 | $267.2M | Reduce -7.5% |
| AAPL Apple Inc. | 4.23% | 1,241,054 | $212.8M | Reduce -0.5% |
| NVDA Nvidia Corp. | 3.80% | 211,307 | $190.9M | Reduce -22.4% |
| OBDE Blue Owl Capital Corp. III | 3.60% | 11,805,264 | $180.9M | New |
| AMZN Amazon.com Inc. | 2.80% | 781,415 | $141.0M | Reduce -7.8% |
| META Meta Platforms Inc. Class A | 1.82% | 188,037 | $91.3M | Reduce -35.4% |
| OBDC Blue Owl Capital Corp. | 1.53% | 5,000,000 | $76.9M | No change |
| GOOGL Alphabet Inc. Class A | 1.51% | 504,149 | $76.1M | Reduce -18.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.30% | 155,520 | $65.4M | Add +9.3% |
| GOOG Alphabet Inc. Class C | 1.28% | 422,075 | $64.3M | Reduce -19.8% |
| LLY Eli Lilly & Co. | 1.05% | 68,121 | $53.0M | Reduce -47.3% |
| AVGO Broadcom Inc. | 0.99% | 37,645 | $49.9M | Reduce -47.1% |
| JPM JPMorgan Chase & Co. | 0.98% | 247,171 | $49.5M | Add +9.4% |
| TSLA Tesla Inc. | 0.83% | 237,013 | $41.7M | Add +9.7% |
| XOM Exxon Mobil Corp. | 0.78% | 339,434 | $39.5M | Add +8.4% |
| UNH Unitedhealth Group Inc. | 0.78% | 79,062 | $39.1M | Reduce -22.8% |
| V Visa Inc. Class A | 0.75% | 135,160 | $37.7M | Reduce -28.7% |
| MA Mastercard Inc. Class A | 0.68% | 70,512 | $34.0M | Reduce -28.8% |
| PG The Procter & Gamble Co. | 0.65% | 201,102 | $32.6M | Add +9.3% |
| HD Home Depot Inc. | 0.65% | 85,045 | $32.6M | Add +8.8% |
| JNJ Johnson & Johnson | 0.65% | 205,791 | $32.6M | Reduce -24.3% |
| MRK Merck & Co. Inc. | 0.57% | 216,792 | $28.6M | Add +9.6% |
| COST Costco Wholesale Corp. | 0.55% | 37,899 | $27.8M | Reduce -23.6% |
| ABBV Abbvie Inc. | 0.55% | 150,894 | $27.5M | Reduce -21.9% |
| AMD Advanced Micro Devices | 0.50% | 138,225 | $24.9M | Reduce -30.8% |
| CRM Salesforce Inc. | 0.50% | 82,717 | $24.9M | Add +8.8% |
| CVX Chevron Corp. | 0.46% | 148,215 | $23.4M | Add +8.1% |
| NFLX Netflix Inc. | 0.45% | 37,042 | $22.5M | Reduce -31.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.44% | 588,543 | $22.3M | Reduce -27.2% |
| WMT Walmart Inc. | 0.44% | 365,926 | $22.0M | Add +9.6% |
| PEP Pepsico Inc. | 0.41% | 117,488 | $20.6M | Reduce -22.9% |
| KO The Coca-Cola Co. | 0.40% | 332,603 | $20.3M | Reduce -24.0% |
| ADBE Adobe Inc. | 0.39% | 38,660 | $19.5M | Reduce -52.9% |
| LIN Linde PLC | 0.38% | 41,480 | $19.3M | Reduce -27.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.38% | 156,928 | $19.2M | Add +9.9% |
| TMO Thermo Fisher Scientific Inc. | 0.38% | 33,015 | $19.2M | Add +9.5% |
| ACN Accenture PLC Class A | 0.37% | 53,640 | $18.6M | Reduce -26.6% |
| WFC Wells Fargo & Co. | 0.35% | 307,655 | $17.8M | Reduce -38.3% |
| MCD McDonald's Corp. | 0.35% | 62,038 | $17.5M | Add +9.5% |
| CSCO Cisco Systems Inc. | 0.34% | 347,349 | $17.3M | Reduce -67.2% |
| ORCL Oracle Corp. | 0.34% | 136,393 | $17.1M | Reduce -29.7% |
| ABT Abbott Laboratories | 0.34% | 148,514 | $16.9M | Add +9.6% |
| GE General Electric | 0.32% | 93,042 | $16.3M | Reduce -38.5% |
| QCOM Qualcomm Inc. | 0.32% | 95,415 | $16.2M | Reduce -25.2% |
| INTC Intel Corp. | 0.32% | 361,386 | $16.0M | Reduce -74.2% |
| CAT Caterpillar Inc. | 0.32% | 43,535 | $16.0M | Add +9.4% |
| INTU Intuit Inc. | 0.31% | 23,948 | $15.6M | Add +9.5% |
| VZ Verizon Communications Inc. | 0.30% | 359,430 | $15.1M | Reduce -39.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.30% | 78,260 | $14.9M | Reduce -57.0% |
| CMCSA Comcast Corp. Class A | 0.29% | 338,744 | $14.7M | Reduce -26.9% |
| AMAT Applied Materials Inc. | 0.29% | 71,177 | $14.7M | Reduce -67.8% |
| DHR Danaher Corp. | 0.28% | 56,208 | $14.0M | Add +9.6% |
| TXN Texas Instruments Inc. | 0.27% | 77,761 | $13.5M | Reduce -28.3% |
| UBER Uber Technologies Inc. | 0.27% | 175,893 | $13.5M | Reduce -32.5% |
| PFE Pfizer Inc. | 0.27% | 482,653 | $13.4M | Reduce -57.1% |
| NOW ServiceNow Inc. | 0.27% | 17,501 | $13.3M | Reduce -32.5% |
| AMGN Amgen Inc. | 0.26% | 45,698 | $13.0M | Add +9.4% |
| UNP Union Pacific Corp. | 0.26% | 52,156 | $12.8M | Add +9.6% |
| COP Conocophillips | 0.25% | 100,679 | $12.8M | Add +8.6% |
| LOW Lowe's Cos Inc. | 0.25% | 49,211 | $12.5M | Add +9.2% |
| PM Philip Morris International | 0.24% | 132,753 | $12.2M | Add +9.5% |
| ISRG Intuitive Surgical Inc. | 0.24% | 30,133 | $12.0M | Add +9.7% |
| SPGI S&P Global Inc. | 0.23% | 27,467 | $11.7M | Add +8.7% |
| GS Goldman Sachs Group Inc. | 0.23% | 27,918 | $11.7M | Reduce -35.6% |
| HON Honeywell International Inc. | 0.23% | 56,403 | $11.6M | Reduce -21.4% |
| CHKP Check Point Software Tech | 0.22% | 68,563 | $11.2M | Reduce -5.8% |
| NEE Nextera Energy Inc. | 0.22% | 175,397 | $11.2M | Add +9.5% |
| AXP American Express Co. | 0.22% | 48,919 | $11.1M | Add +8.9% |
| MU Micron Technology Inc. | 0.22% | 94,430 | $11.1M | Add +10.0% |
| RTX RTX Corp. | 0.22% | 113,438 | $11.1M | Reduce -48.6% |
| LRCX Lam Research Corp. | 0.22% | 11,215 | $10.9M | Reduce -47.4% |
| BKNG Booking Holdings Inc. | 0.22% | 2,985 | $10.8M | Reduce -31.0% |
| T AT&T Inc. | 0.21% | 611,197 | $10.8M | Reduce -72.5% |
| ETN Eaton Corp. PLC | 0.21% | 34,153 | $10.7M | Reduce -38.2% |
| ELV Elevance Health Inc. | 0.21% | 20,080 | $10.4M | Reduce -38.2% |
| SYK Stryker Corp. | 0.21% | 28,941 | $10.4M | Add +9.7% |
| PGR Progressive Corp. | 0.21% | 50,059 | $10.4M | Reduce -30.9% |
| C Citigroup Inc. | 0.20% | 162,715 | $10.3M | Reduce -52.3% |
| PLD Prologis Inc. | 0.20% | 78,967 | $10.3M | Add +9.5% |
| MS Morgan Stanley | 0.20% | 107,092 | $10.1M | Add +8.6% |
| BLK BlackRock Finance Inc. | 0.20% | 11,936 | $10.0M | Reduce -23.0% |
| MDT Medtronic PLC | 0.20% | 113,679 | $9.9M | Add +9.4% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.20% | 97,376 | $9.9M | Reduce -28.8% |
| NKE Nike Inc. Class B | 0.19% | 104,126 | $9.8M | Reduce -23.5% |
| BA The Boeing Co. | 0.19% | 49,056 | $9.5M | Add +10.5% |
| BMY Bristol-Myers Squibb Co. | 0.19% | 173,922 | $9.4M | Reduce -50.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.18% | 22,073 | $9.2M | Reduce -41.1% |
| SCHW Schwab (charles) Corp. | 0.18% | 127,312 | $9.2M | Add +9.6% |
| UPS United Parcel Service Class B | 0.18% | 61,860 | $9.2M | Reduce -21.1% |
| DE Deere & Co. | 0.18% | 22,271 | $9.1M | Add +6.8% |
| CI The Cigna Group | 0.18% | 25,004 | $9.1M | Reduce -47.6% |
| CB Chubb Ltd. | 0.18% | 34,614 | $9.0M | Add +8.7% |
| SBUX Starbucks Corp. | 0.18% | 96,746 | $8.8M | Add +8.5% |
| ADP Automatic Data Processing | 0.17% | 35,069 | $8.8M | Reduce -33.4% |
| MRSH Marsh & McLennan Cos | 0.17% | 42,065 | $8.7M | Add +9.2% |
| REGN Regeneron Pharmaceuticals | 0.17% | 8,981 | $8.6M | Reduce -23.2% |
| CVS CVS Health Corp. | 0.17% | 107,542 | $8.6M | Reduce -57.6% |
| BSX Boston Scientific Corp. | 0.17% | 125,203 | $8.6M | Reduce -20.6% |
| ADI Analog Devices Inc. | 0.17% | 42,422 | $8.4M | Add +9.2% |
| LMT Lockheed Martin Corp. | 0.17% | 18,394 | $8.4M | Reduce -32.5% |
Portfolio Sells Q4 2023 → Q1 2024
| INTC Intel Corp. | Reduce -74.2% | 0.32% | −0.93 |
| CSCO Cisco Systems Inc. | Reduce -67.2% | 0.34% | −0.60 |
| ADBE Adobe Inc. | Reduce -52.9% | 0.39% | −0.48 |
| T AT&T Inc. | Reduce -72.5% | 0.21% | −0.45 |
| AVGO Broadcom Inc. | Reduce -47.1% | 0.99% | −0.41 |
| AMAT Applied Materials Inc. | Reduce -67.8% | 0.29% | −0.34 |
| PFE Pfizer Inc. | Reduce -57.1% | 0.27% | −0.31 |
| GM General Motors Co. | Reduce -83.4% | 0.09% | −0.29 |
| LLY Eli Lilly & Co. | Reduce -47.3% | 1.05% | −0.28 |
| IBM Intl Business Machines Corp. | Reduce -57.0% | 0.30% | −0.23 |
| F Ford Motor Co. | Reduce -76.0% | 0.09% | −0.21 |
| DHI D.R. Horton Inc. | Reduce -75.9% | 0.08% | −0.20 |
| CVS CVS Health Corp. | Reduce -57.6% | 0.17% | −0.18 |
| LEN Lennar Corp. Class A | Reduce -77.5% | 0.07% | −0.18 |
| UNH Unitedhealth Group Inc. | Reduce -22.8% | 0.78% | −0.17 |
| FDX FedEx Corp. | Reduce -64.3% | 0.11% | −0.13 |
| PHM Pultegroup Inc. | Reduce -81.1% | 0.04% | −0.13 |
| BMY Bristol-Myers Squibb Co. | Reduce -50.0% | 0.19% | −0.13 |
| CTSH Cognizant Tech Solutions-A | Reduce -69.0% | 0.06% | −0.12 |
| V Visa Inc. Class A | Reduce -28.7% | 0.75% | −0.12 |
| NXPI NXP Semiconductors NV | Reduce -59.5% | 0.11% | −0.11 |
| HPE Hewlett Packard Enterprise | Reduce -77.4% | 0.04% | −0.11 |
| RTX RTX Corp. | Reduce -48.6% | 0.22% | −0.11 |
| C Citigroup Inc. | Reduce -52.3% | 0.20% | −0.10 |
| JNJ Johnson & Johnson | Reduce -24.3% | 0.65% | −0.10 |
| GILD Gilead Sciences Inc. | Reduce -39.1% | 0.16% | −0.10 |
| VZ Verizon Communications Inc. | Reduce -39.1% | 0.30% | −0.09 |
| ON On Semiconductor | Reduce -62.5% | 0.05% | −0.09 |
| SNPS Synopsys Inc. | Reduce -50.1% | 0.15% | −0.09 |
| HPQ HP Inc. | Reduce -70.4% | 0.04% | −0.09 |
| KHC The Kraft Heinz Co. | Reduce -67.7% | 0.05% | −0.09 |
| WBD Warner Bros Discovery Inc. | Reduce -68.3% | 0.03% | −0.09 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -41.1% | 0.18% | −0.09 |
| ADM Archer-Daniels-Midland Co. | Reduce -58.7% | 0.06% | −0.08 |
| DELL Dell Technologies -C | Sold out | 0.00% | −0.08 |
| ACN Accenture PLC Class A | Reduce -26.6% | 0.37% | −0.08 |
| MO Altria Group Inc. | Reduce -49.6% | 0.13% | −0.08 |
| DECK Deckers Outdoor Corp. | Reduce -79.7% | 0.04% | −0.08 |
| WFC Wells Fargo & Co. | Reduce -38.3% | 0.35% | −0.08 |
| TEL Te Connectivity Ltd. | Reduce -57.6% | 0.08% | −0.08 |
| LRCX Lam Research Corp. | Reduce -47.4% | 0.22% | −0.08 |
| CDNS Cadence Design SYS Inc. | Reduce -49.2% | 0.14% | −0.08 |
| URI United Rentals Inc. | Reduce -63.2% | 0.08% | −0.08 |
| KLAC KLA Corp. | Reduce -49.5% | 0.16% | −0.07 |
| CI The Cigna Group | Reduce -47.6% | 0.18% | −0.07 |
| PCAR Paccar Inc. | Reduce -57.4% | 0.11% | −0.07 |
| WBA Walgreens Boots Alliance Inc. | Reduce -70.9% | 0.03% | −0.07 |
| WY Weyerhaeuser Co. | Reduce -66.7% | 0.04% | −0.07 |
| MA Mastercard Inc. Class A | Reduce -28.8% | 0.68% | −0.07 |
| BLDR Builders Firstsource Inc. | Reduce -72.1% | 0.04% | −0.07 |
Portfolio Buys Q4 2023 → Q1 2024
| OBDE Blue Owl Capital Corp. III | New | 3.60% | +3.60 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +9.3% | 1.30% | +0.41 |
| JPM JPMorgan Chase & Co. | Add +9.4% | 0.98% | +0.31 |
| XOM Exxon Mobil Corp. | Add +8.4% | 0.78% | +0.23 |
| MRK Merck & Co. Inc. | Add +9.6% | 0.57% | +0.19 |
| PG The Procter & Gamble Co. | Add +9.3% | 0.65% | +0.17 |
| HD Home Depot Inc. | Add +8.8% | 0.65% | +0.17 |
| DIS The Walt Disney Co. | Add +9.9% | 0.38% | +0.15 |
| CRM Salesforce Inc. | Add +8.8% | 0.50% | +0.14 |
| WMT Walmart Inc. | Add +9.6% | 0.44% | +0.13 |
| CAT Caterpillar Inc. | Add +9.4% | 0.32% | +0.11 |
| CVX Chevron Corp. | Add +8.1% | 0.46% | +0.10 |
| TMO Thermo Fisher Scientific Inc. | Add +9.5% | 0.38% | +0.10 |
| MU Micron Technology Inc. | Add +10.0% | 0.22% | +0.09 |
| P Everpure Inc. Class A | New | 0.08% | +0.08 |
| ISRG Intuitive Surgical Inc. | Add +9.7% | 0.24% | +0.08 |
| AXP American Express Co. | Add +8.9% | 0.22% | +0.07 |
| ABT Abbott Laboratories | Add +9.6% | 0.34% | +0.07 |
| LOW Lowe's Cos Inc. | Add +9.2% | 0.25% | +0.07 |
| DHR Danaher Corp. | Add +9.6% | 0.28% | +0.07 |
| INTU Intuit Inc. | Add +9.5% | 0.31% | +0.07 |
| SYK Stryker Corp. | Add +9.7% | 0.21% | +0.07 |
| COP Conocophillips | Add +8.6% | 0.25% | +0.06 |
| AMH American Homes 4 Rent- A | New | 0.06% | +0.06 |
| FISV Fiserv Inc. | Add +9.4% | 0.16% | +0.05 |
| MCD McDonald's Corp. | Add +9.5% | 0.35% | +0.05 |
| CB Chubb Ltd. | Add +8.7% | 0.18% | +0.05 |
| NEE Nextera Energy Inc. | Add +9.5% | 0.22% | +0.05 |
| TGT Target Corp. | Add +9.8% | 0.14% | +0.05 |
| UNP Union Pacific Corp. | Add +9.6% | 0.26% | +0.05 |
| AMGN Amgen Inc. | Add +9.4% | 0.26% | +0.05 |
| MDT Medtronic PLC | Add +9.4% | 0.20% | +0.05 |
| MRSH Marsh & McLennan Cos | Add +9.2% | 0.17% | +0.04 |
| WM Waste Management Inc. | Add +9.6% | 0.13% | +0.04 |
| SCHW Schwab (charles) Corp. | Add +9.6% | 0.18% | +0.04 |
| PM Philip Morris International | Add +9.5% | 0.24% | +0.04 |
| ABNB Airbnb Inc. Class A | Add +9.6% | 0.12% | +0.04 |
| PSX Phillips 66 | Add +7.1% | 0.12% | +0.04 |
| MS Morgan Stanley | Add +8.6% | 0.20% | +0.04 |
| SHW The Sherwin-Williams Co. | Add +9.8% | 0.14% | +0.04 |
| HCA HCA Healthcare Inc. | Add +9.0% | 0.11% | +0.04 |
| ORLY O'reilly Automotive Inc. | Add +9.7% | 0.11% | +0.04 |
| SPGI S&P Global Inc. | Add +8.7% | 0.23% | +0.04 |
| CL Colgate-Palmolive Co. | Add +9.4% | 0.13% | +0.04 |
| PLD Prologis Inc. | Add +9.5% | 0.20% | +0.03 |
| DE Deere & Co. | Add +6.8% | 0.18% | +0.03 |
| EMR Emerson Electric Co. | Add +9.9% | 0.11% | +0.03 |
| AON Aon PLC Class A | Add +9.6% | 0.11% | +0.03 |
| BX Blackstone Inc. | Add +10.9% | 0.16% | +0.03 |
| TMUS T-Mobile US Inc. | Add +12.3% | 0.14% | +0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,509 | $9.3B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 1,510 | $7.6B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 1,510 | $7.9B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 1,510 | $7.7B | NVDA, MSFT, AAPL, AMZN, OBDC |
| Q2 2025 | 1,509 | $5.7B | NVDA, MSFT, AAPL, OBDC, AMZN |
| Q1 2025 | 1,509 | $5.2B | AAPL, MSFT, OBDC, NVDA, AMZN |
| Q4 2024 | 1,509 | $5.4B | AAPL, NVDA, MSFT, AMZN, OBDE |
| Q3 2024 | 1,511 | $5.3B | AAPL, MSFT, NVDA, OBDE, AMZN |
| Q2 2024 | 1,511 | $5.1B | MSFT, NVDA, AAPL, OBDE, AMZN |
| Q1 2024 | 1,511 | $5.0B | MSFT, AAPL, NVDA, OBDE, AMZN |