STRS Ohio
The State Teachers Retirement System of Ohio (STRS Ohio) is a large public pension fund serving over 543,000 current and former public educators and their families in Ohio. Established in 1920, STRS Ohio is legally separate and fiscally independent from the state government, headquartered in Columbus, OH, and employs approximately 500 people. The fund provides retirement, healthcare, disability, and survivor benefits to its members and manages one of the largest pension portfolios in the United States.
Investment Strategy
STRS Ohio employs an active, primarily internal investment management strategy for its pension assets, with a significant portion entrusted to external managers. The fund invests in a diversified portfolio, including public equities, fixed income, private equity, hedge funds, and real estate. It has a notable allocation to alternative assets, such as private equity and hedge funds, which have attracted scrutiny for their risk and transparency profiles. The system seeks to balance risk and return to secure retirement benefits for Ohio’s educators. Recent years have also seen STRS pursue commitments to private equity, venture capital, and real estate funds, aiming for long-term, stable growth of pension assets.
Top Holdings
Equity Positions (2,166)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
N NVDA | NVIDIA CORP | 6.44% | $1.73B | 10,926,459 | $13.77 | $157.99 | +$563.0M |
M MSFT | MICROSOFT CORP | 6.29% | $1.69B | 3,389,513 | $65.59 | $497.41 | +$483.1M |
A AAPL | APPLE INC | 4.31% | $1.15B | 5,621,081 | $14.28 | $205.17 | -$57.7M |
A AMZN | AMAZON.COM INC | 3.46% | $925.9M | 4,220,448 | $30.14 | $219.39 | +$110.1M |
M META | META PLATFORMS INC-CLASS A | 2.69% | $720.8M | 976,622 | $104.96 | $738.09 | +$149.7M |