Vestcor Inc.
Vestcor Inc. is an independent, not-for-profit Canadian investment management and benefit administration organization headquartered in Fredericton, New Brunswick. Established in 1996, Vestcor serves over 10 different public sector client groups, providing investment management, OCIO, and pension and employee benefit plan administration for over 111,000 active and retired members across 140 employer groups. The company has grown significantly, now comprising over 140 professionals and is structured under a model that relies heavily on in-house management and a diverse, global investment approach. Vestcor is jointly owned through Vestcor Corp., with a Board of Directors and senior executive team providing oversight and direction.
Investment Strategy
Vestcor employs a globally diversified, risk-focused investment strategy designed to meet the long-term needs of public sector pension plans and benefit funds. The firm emphasizes cost-effectiveness and prudent risk management, with over 80% of assets managed internally. Its approach actively integrates alternative investments—now over 32% of AUM—as part of a modern 'Maple Model.' Vestcor customizes investment strategies for each client via pooled investment entities, with an enhanced focus on governance and sophisticated risk analytics. Decision-making is aligned with each client’s guidelines within a strong governance framework, aiming for sustainable growth, effective risk-return balancing, and fulfillment of public sector fiduciary obligations.
Top Holdings
Equity Positions (1,122)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MSFT | MICROSOFT CORP | 3.47% | $114.7M | 230,599 | $233.84 | $497.41 | +$29.5M |
N NVDA | NVIDIA CORPORATION | 2.81% | $93.1M | 589,506 | $32.31 | $157.99 | +$33.6M |
A AAPL | APPLE INC | 2.32% | $76.8M | 374,283 | $118.64 | $205.17 | -$8.7M |
A AMZN | AMAZON COM INC | 1.93% | $63.8M | 290,604 | $130.74 | $219.39 | +$12.5M |
M META | META PLATFORMS INC | 1.30% | $43.1M | 58,426 | $356.78 | $738.09 | +$11.0M |