Public Employees Retirement Association of Colorado
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Public Employees Retirement Association of Colorado reported 1,925 stock positions worth $25.2 billion. Its top holding was Apple (AAPL) at 7.3% of the portfolio, followed by Nvidia (NVDA, 6.6%) and Microsoft (MSFT, 6.1%). Compared with Q3 2024, it opened 30 new positions, sold out of 48, added to 56 and reduced 720. The biggest buy was Broadcom (AVGO, shares +107%) and the biggest sale Adobe (ADBE, shares −56%).
- Most Recent 13F
- Q2 2026
- Location
- DENVER, CO
- CIK
- 0000315297
- Portfolio Value
- $25.2B (Q4 2024)
- SEC Filing
- 0000315297-25-000003 ↗ filed Feb 14, 2025
Holdings Value
Holdings 1,925 stocks · $25.2B
| AAPL Apple Inc. | 7.32% | 7,362,969 | $1.8B | Add +0.5% |
| NVDA Nvidia Corp. | 6.65% | 12,469,062 | $1.7B | Reduce -4.8% |
| MSFT Microsoft Corp. | 6.14% | 3,668,944 | $1.5B | Reduce -2.8% |
| AMZN Amazon.com Inc. | 4.89% | 5,617,182 | $1.2B | Reduce -6.6% |
| GOOGL Alphabet Inc. Class A | 4.14% | 5,505,957 | $1.0B | Reduce -8.0% |
| META Meta Platforms Inc. Class A | 2.85% | 1,226,860 | $718.3M | Add +1.5% |
| V Visa Inc. Class A | 1.86% | 1,485,091 | $469.3M | Add +1.2% |
| JPM JPMorgan Chase & Co. | 1.74% | 1,831,468 | $439.0M | Add +10.0% |
| COST Costco Wholesale Corp. | 1.69% | 463,176 | $424.4M | Reduce -16.8% |
| UNH Unitedhealth Group Inc. | 1.68% | 837,005 | $423.4M | Reduce -2.6% |
| WMT Walmart Inc. | 1.58% | 4,401,195 | $397.6M | Add +18.8% |
| CRM Salesforce Inc. | 1.41% | 1,060,805 | $354.7M | Reduce -2.6% |
| TSLA Tesla Inc. | 1.39% | 869,077 | $351.0M | Add +16.4% |
| ORCL Oracle Corp. | 1.31% | 1,975,901 | $329.3M | Reduce -2.3% |
| XOM Exxon Mobil Corp. | 1.24% | 2,911,118 | $313.1M | Add +46.7% |
| BLK BlackRock Inc. | 1.17% | 286,789 | $294.0M | Reduce -2.3% |
| AVGO Broadcom Inc. | 1.17% | 1,265,301 | $293.3M | Add +106.9% |
| AXP American Express Co. | 1.09% | 926,363 | $274.9M | Add +9.0% |
| ACCENTURE PLC | 0.99% | 711,974 | $250.5M | Add +1.7% |
| MRK Merck & Co. Inc. | 0.91% | 2,293,388 | $228.1M | Reduce -2.7% |
| WCN Waste Connections Inc. | 0.90% | 1,319,916 | $226.5M | Reduce -6.4% |
| MS Morgan Stanley | 0.89% | 1,780,745 | $223.9M | Add +37.5% |
| LINDE PLC | 0.89% | 533,592 | $223.4M | Reduce -2.6% |
| MA Mastercard Inc. Class A | 0.82% | 390,285 | $205.5M | Reduce -4.2% |
| ZTS Zoetis Inc. | 0.77% | 1,186,703 | $193.3M | Reduce -2.2% |
| HD Home Depot Inc. | 0.77% | 495,530 | $192.8M | Add +0.5% |
| ICE Intercontinental Exchange Inc. | 0.77% | 1,292,884 | $192.7M | Reduce -2.6% |
| PG The Procter & Gamble Co. | 0.74% | 1,107,509 | $185.7M | Reduce -3.9% |
| SHW The Sherwin-Williams Co. | 0.67% | 498,889 | $169.6M | Reduce -2.4% |
| VRTX Vertex Pharmaceuticals Inc. | 0.67% | 418,563 | $168.6M | Reduce -2.3% |
| ABT Abbott Laboratories | 0.61% | 1,361,371 | $154.0M | Reduce -0.6% |
| GM General Motors Co. | 0.60% | 2,827,086 | $150.6M | Reduce -2.7% |
| TSM Taiwan Semiconductor-SP ADR | 0.59% | 754,800 | $149.1M | Reduce -8.4% |
| MSCI MSCI Inc. | 0.59% | 248,051 | $148.8M | Reduce -1.7% |
| EOG EOG Resources Inc. | 0.59% | 1,206,470 | $147.9M | Add +6.9% |
| ORLY O'reilly Automotive Inc. | 0.59% | 124,592 | $147.7M | Reduce -10.3% |
| TMO Thermo Fisher Scientific Inc. | 0.57% | 276,820 | $144.0M | Reduce -3.9% |
| BSX Boston Scientific Corp. | 0.57% | 1,602,436 | $143.1M | Reduce -3.9% |
| DHR Danaher Corp. | 0.52% | 573,168 | $131.6M | Reduce -1.6% |
| EQIX Equinix Inc. | 0.52% | 139,364 | $131.4M | Reduce -2.2% |
| TXN Texas Instruments Inc. | 0.52% | 699,601 | $131.2M | Reduce -3.8% |
| GOOG Alphabet Inc. Class C | 0.51% | 675,068 | $128.6M | Reduce -4.5% |
| APH Amphenol Corp. Class A | 0.51% | 1,840,694 | $127.8M | Reduce -4.0% |
| NXPI NXP Semiconductors NV | 0.48% | 585,734 | $121.7M | Reduce -1.9% |
| MELI MercadoLibre Inc. | 0.46% | 68,785 | $117.0M | Reduce -0.2% |
| MRVL Marvell Technology Inc. | 0.45% | 1,019,929 | $112.7M | Reduce -39.9% |
| GE General Electric filed as GE AEROSPACE | 0.44% | 660,013 | $110.1M | Reduce -4.0% |
| CHUBB LTD | 0.44% | 397,945 | $110.0M | Reduce -4.8% |
| KLAC KLA Corp. | 0.41% | 162,589 | $102.5M | Reduce -4.1% |
| NSC Norfolk Southern Corp. | 0.40% | 424,048 | $99.5M | Reduce -3.9% |
| Eaton Corp PLC | 0.39% | 292,745 | $97.2M | Add +425.1% |
| ALC Alcon Inc. filed as ALCON AG | 0.35% | 1,041,428 | $88.4M | Reduce -4.0% |
| CSL Carlisle Cos Inc. | 0.34% | 233,695 | $86.2M | Reduce -0.2% |
| SBUX Starbucks Corp. | 0.34% | 932,565 | $85.1M | Reduce -3.8% |
| LLY Eli Lilly & Co. | 0.33% | 108,604 | $83.8M | Reduce -3.3% |
| MAR Marriott International Class A | 0.32% | 289,888 | $80.9M | Reduce -4.3% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.32% | 177,128 | $80.3M | Reduce -2.8% |
| Johnson Controls International | 0.32% | 1,006,552 | $79.4M | Reduce -19.8% |
| CMG Chipotle Mexican Grill Inc. | 0.31% | 1,309,911 | $79.0M | Add +580.0% |
| CRH CRH PLC-Sponsored ADR | 0.30% | 814,146 | $75.3M | Reduce -4.0% |
| ADBE Adobe Inc. | 0.29% | 164,030 | $72.9M | Reduce -56.4% |
| GD General Dynamics Corp. | 0.29% | 275,039 | $72.5M | Reduce -19.7% |
| MCHP Microchip Technology Inc. | 0.27% | 1,173,337 | $67.3M | Reduce -3.9% |
| CTAS Cintas Corp. | 0.27% | 365,988 | $66.9M | Reduce -18.3% |
| IEX Idex Corp. | 0.26% | 312,591 | $65.4M | Reduce -0.1% |
| RGA Reinsurance Group of America | 0.25% | 290,262 | $62.0M | Reduce -0.1% |
| VRSK Verisk Analytics Inc. | 0.24% | 223,916 | $61.7M | Reduce -4.0% |
| PLD Prologis Inc. | 0.24% | 583,047 | $61.6M | Reduce -42.3% |
| IQV Iqvia Holdings Inc. | 0.24% | 309,070 | $60.7M | Reduce -4.0% |
| DHI D.R. Horton Inc. | 0.21% | 375,413 | $52.5M | Reduce -3.9% |
| NFLX Netflix Inc. | 0.20% | 57,559 | $51.3M | Reduce -4.1% |
| JNJ Johnson & Johnson | 0.18% | 321,765 | $46.5M | Reduce -3.5% |
| ABBV Abbvie Inc. | 0.17% | 237,356 | $42.2M | Reduce -3.3% |
| CW Curtiss-Wright Corp. | 0.17% | 117,287 | $41.6M | Reduce -6.7% |
| TRGP Targa Resources Corp. | 0.16% | 230,738 | $41.2M | Reduce -14.0% |
| HDB HDFC Bank Ltd.-ADR | 0.16% | 644,420 | $41.2M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.16% | 933,512 | $41.0M | Reduce -4.8% |
| ITGR Integer Holdings Corp. | 0.15% | 282,065 | $37.4M | Reduce -0.1% |
| DDOG Datadog Inc. Class A | 0.14% | 253,238 | $36.2M | Add +554.9% |
| ARMK Aramark | 0.14% | 918,910 | $34.3M | Reduce -0.1% |
| KO The Coca-Cola Co. | 0.14% | 548,424 | $34.1M | Reduce -3.2% |
| FICO Fair Isaac Corp. | 0.13% | 17,035 | $33.9M | Reduce -9.0% |
| CVX Chevron Corp. | 0.13% | 233,406 | $33.8M | Reduce -48.3% |
| TRNO Terreno Realty Corp. | 0.13% | 571,064 | $33.8M | Reduce -19.3% |
| HLI Houlihan Lokey Inc. | 0.13% | 193,246 | $33.6M | No change |
| RBC RBC Bearings Inc. | 0.13% | 112,057 | $33.5M | Reduce -0.0% |
| FRPT Freshpet Inc. | 0.13% | 223,946 | $33.2M | No change |
| FIX Comfort Systems USA Inc. | 0.13% | 77,650 | $32.9M | Reduce -19.8% |
| TTWO Take-Two Interactive Softwre | 0.13% | 176,965 | $32.6M | No change |
| CBRE CBRE Group Inc. Class A | 0.13% | 246,552 | $32.4M | Add +7.8% |
| USFD US Foods Holding Corp. | 0.13% | 479,064 | $32.3M | Reduce -0.3% |
| DSGX The Descartes Systems Grp | 0.13% | 282,827 | $32.1M | No change |
| WFC Wells Fargo & Co. | 0.13% | 456,235 | $32.0M | Reduce -6.6% |
| MUSA Murphy USA Inc. | 0.13% | 63,411 | $31.8M | Reduce -0.1% |
| COKE Coca-Cola Consolidated Inc. | 0.13% | 25,166 | $31.7M | Reduce -0.1% |
| CSCO Cisco Systems Inc. | 0.13% | 532,934 | $31.6M | Reduce -4.6% |
| LYV Live Nation Entertainment Inc. | 0.12% | 242,574 | $31.4M | Reduce -0.0% |
| MOD Modine Manufacturing Co. | 0.12% | 267,255 | $31.0M | Reduce -4.5% |
| VMC Vulcan Materials Co. | 0.12% | 118,928 | $30.6M | Reduce -0.3% |
| NVT Nvent Electric PLC | 0.12% | 448,492 | $30.6M | Reduce -0.1% |
Portfolio Sells Q3 2024 → Q4 2024
| ADBE Adobe Inc. | Reduce -56.4% | 0.29% | −0.48 |
| PSX Phillips 66 | Reduce -94.2% | 0.03% | −0.48 |
| UNH Unitedhealth Group Inc. | Reduce -2.6% | 1.68% | −0.31 |
| MSFT Microsoft Corp. | Reduce -2.8% | 6.14% | −0.30 |
| NDSN Nordson Corp. | Reduce -87.5% | 0.03% | −0.29 |
| COST Costco Wholesale Corp. | Reduce -16.8% | 1.69% | −0.27 |
| PLD Prologis Inc. | Reduce -42.3% | 0.24% | −0.26 |
| SYY Sysco Corp. | Reduce -91.7% | 0.02% | −0.22 |
| ZTS Zoetis Inc. | Reduce -2.2% | 0.77% | −0.17 |
| MRK Merck & Co. Inc. | Reduce -2.7% | 0.91% | −0.16 |
| LINDE PLC | Reduce -2.6% | 0.89% | −0.15 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.9% | 0.57% | −0.14 |
| CVX Chevron Corp. | Reduce -48.3% | 0.13% | −0.13 |
| GD General Dynamics Corp. | Reduce -19.7% | 0.29% | −0.12 |
| MCHP Microchip Technology Inc. | Reduce -3.9% | 0.27% | −0.12 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -2.3% | 0.67% | −0.12 |
| DHR Danaher Corp. | Reduce -1.6% | 0.52% | −0.12 |
| KLAC KLA Corp. | Reduce -4.1% | 0.41% | −0.11 |
| WCN Waste Connections Inc. | Reduce -6.4% | 0.90% | −0.10 |
| CTAS Cintas Corp. | Reduce -18.3% | 0.27% | −0.10 |
| SHW The Sherwin-Williams Co. | Reduce -2.4% | 0.67% | −0.10 |
| MELI MercadoLibre Inc. | Reduce -0.2% | 0.46% | −0.10 |
| PWR Quanta Services Inc. | Reduce -92.7% | 0.02% | −0.09 |
| DHI D.R. Horton Inc. | Reduce -3.9% | 0.21% | −0.09 |
| NXPI NXP Semiconductors NV | Reduce -1.9% | 0.48% | −0.09 |
| ICE Intercontinental Exchange Inc. | Reduce -2.6% | 0.77% | −0.08 |
| ALC Alcon Inc. | Reduce -4.0% | 0.35% | −0.08 |
| GE General Electric | Reduce -4.0% | 0.44% | −0.08 |
| ALLEGION PLC | Sold out | 0.00% | −0.08 |
| CSL Carlisle Cos Inc. | Reduce -0.2% | 0.34% | −0.08 |
| TXN Texas Instruments Inc. | Reduce -3.8% | 0.52% | −0.07 |
| Johnson Controls International | Reduce -19.8% | 0.32% | −0.07 |
| QGEN Qiagen NV | Sold out | 0.00% | −0.07 |
| LLY Eli Lilly & Co. | Reduce -3.3% | 0.33% | −0.06 |
| IQV Iqvia Holdings Inc. | Reduce -4.0% | 0.24% | −0.06 |
| CAG Conagra Brands Inc. | Reduce -91.0% | 0.01% | −0.06 |
| ORCL Oracle Corp. | Reduce -2.3% | 1.31% | −0.06 |
| GPC Genuine Parts Co. | Reduce -87.6% | 0.01% | −0.06 |
| TFX Teleflex Inc. | Reduce -92.1% | 0.00% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -3.9% | 0.74% | −0.05 |
| TRNO Terreno Realty Corp. | Reduce -19.3% | 0.13% | −0.05 |
| CVBF CVB Financial Corp. | Reduce -97.3% | 0.00% | −0.05 |
| ORLY O'reilly Automotive Inc. | Reduce -10.3% | 0.59% | −0.05 |
| AMN Amn Healthcare Services Inc. | Reduce -98.4% | 0.00% | −0.05 |
| IBP Installed Building Products | Reduce -14.4% | 0.07% | −0.05 |
| ARE Alexandria Real Estate Equit | Reduce -86.6% | 0.01% | −0.05 |
| BCC Boise Cascade Co. | Reduce -51.9% | 0.03% | −0.04 |
| MPWR Monolithic Power Systems Inc. | Reduce -0.2% | 0.08% | −0.04 |
| AMD Advanced Micro Devices | Reduce -3.0% | 0.10% | −0.04 |
| CHUBB LTD | Reduce -4.8% | 0.44% | −0.04 |
Portfolio Buys Q3 2024 → Q4 2024
| AVGO Broadcom Inc. | Add +106.9% | 1.17% | +0.75 |
| TSLA Tesla Inc. | Add +16.4% | 1.39% | +0.62 |
| AAPL Apple Inc. | Add +0.5% | 7.32% | +0.55 |
| WMT Walmart Inc. | Add +18.8% | 1.58% | +0.39 |
| MS Morgan Stanley | Add +37.5% | 0.89% | +0.35 |
| JPM JPMorgan Chase & Co. | Add +10.0% | 1.74% | +0.35 |
| XOM Exxon Mobil Corp. | Add +46.7% | 1.24% | +0.32 |
| Eaton Corp PLC | Add +425.1% | 0.39% | +0.31 |
| CMG Chipotle Mexican Grill Inc. | Add +580.0% | 0.31% | +0.27 |
| V Visa Inc. Class A | Add +1.2% | 1.86% | +0.26 |
| AXP American Express Co. | Add +9.0% | 1.09% | +0.18 |
| DDOG Datadog Inc. Class A | Add +554.9% | 0.14% | +0.13 |
| LAMR Lamar Advertising Co. Class A | Add +2424.4% | 0.11% | +0.11 |
| META Meta Platforms Inc. Class A | Add +1.5% | 2.85% | +0.11 |
| RTX RTX Corp. | New | 0.08% | +0.08 |
| VRT Vertiv Holdings Co. Class A | Add +457.8% | 0.09% | +0.08 |
| ALLEGION PLC | New | 0.07% | +0.07 |
| ON On Semiconductor | Add +608.1% | 0.08% | +0.06 |
| RF Regions Financial Corp. | Add +771.5% | 0.07% | +0.06 |
| QIAGEN NV | New | 0.06% | +0.06 |
| PEN Penumbra Inc. | Add +1648.2% | 0.06% | +0.06 |
| HLNE Hamilton Lane Inc. Class A | Add +2098.4% | 0.06% | +0.06 |
| SPOT Spotify Technology SA | New | 0.05% | +0.05 |
| DFIN Donnelley Financial Solution | Add +5062.5% | 0.05% | +0.05 |
| VERX Vertex Inc. Class A | Add +21.3% | 0.11% | +0.04 |
| PLTR Palantir Technologies Inc. Class A | Add +2.1% | 0.08% | +0.04 |
| EOG EOG Resources Inc. | Add +6.9% | 0.59% | +0.04 |
| CRVL Corvel Corp. | Add +2140.6% | 0.04% | +0.04 |
| WSO Watsco Inc. | Add +503.0% | 0.04% | +0.03 |
| PNFP Pinnacle Financial Partners | Add +35.1% | 0.09% | +0.03 |
| CBZ Cbiz Inc. | Add +16.3% | 0.10% | +0.03 |
| PR Permian Resources Corp. Class A | Add +1066.5% | 0.03% | +0.03 |
| COR Cencora Inc. | New | 0.02% | +0.02 |
| BA The Boeing Co. | Add +22.0% | 0.07% | +0.02 |
| FLUTTER ENTERTAINMENT PLC | New | 0.02% | +0.02 |
| APP AppLovin Corp. Class A | Add +18.8% | 0.03% | +0.02 |
| CBRE CBRE Group Inc. Class A | Add +7.8% | 0.13% | +0.02 |
| ACCENTURE PLC | Add +1.7% | 0.99% | +0.01 |
| NDAQ Nasdaq Inc. | Add +4.5% | 0.12% | +0.01 |
| ONESRC SPEC | New | 0.01% | +0.01 |
| MSTR Strategy Inc. | Add +15.6% | 0.02% | +0.01 |
| SCHW Schwab (charles) Corp. | Add +3.0% | 0.06% | +0.01 |
| TTD Trade Desk Inc./the Class A | Add +33.0% | 0.03% | +0.01 |
| SMCI Super Micro Computer Inc. | New | 0.01% | +0.01 |
| APTIV PLC NEW | New | 0.01% | +0.01 |
| KKR KKR & Co. Inc. | Add +0.3% | 0.05% | +0.01 |
| SW Smurfit Westrock PLC | Add +89.5% | 0.01% | +0.01 |
| EXE Expand Energy Corp. | Add +86.1% | 0.01% | +0.00 |
| RDDT Reddit Inc. Class A | New | 0.00% | +0.00 |
| TLN Talen Energy Corp. | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,839 | $28.9B | NVDA, AAPL, GOOGL, MSFT, AMZN |
| Q1 2026 | 1,846 | $25.5B | NVDA, AAPL, GOOGL, MSFT, AMZN |
| Q4 2025 | 1,865 | $27.2B | NVDA, AAPL, MSFT, GOOGL, AMZN |
| Q3 2025 | 1,887 | $27.2B | NVDA, MSFT, AAPL, GOOGL, AMZN |
| Q2 2025 | 1,886 | $25.9B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 1,906 | $23.4B | AAPL, MSFT, NVDA, AMZN, GOOGL |
| Q4 2024 | 1,925 | $25.2B | AAPL, NVDA, MSFT, AMZN, GOOGL |
| Q3 2024 | 1,941 | $25.2B | AAPL, MSFT, NVDA, AMZN, GOOGL |
| Q2 2024 | 1,913 | $23.9B | MSFT, NVDA, AAPL, AMZN, GOOGL |
| Q1 2024 | 1,897 | $23.2B | MSFT, AAPL, NVDA, AMZN, GOOGL |