OREGON PUBLIC EMPLOYEES RETIREMENT FUND recently filed their 13F report for the second quarter of 2022, which ended on 2022-06-30.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
The Oregon Public Employees Retirement Fund is a public pension fund headquartered in Tigard in the state of Oregon. The fund is managed by the Oregon State Treasury and is under direction of the Oregon Investment Council, which is currently headed by Chair Katherine J. Durant. The State Treasury of Oregon does not directly administer the Oregon Public Employees Retirement System but rather is directed by its own independent board and administered by its own agency. The Public Employees Retirement System itself was established in 1946 and the fund services to provide for the system. The fund conducts its research both internally and externally and has portfolios for private equity, real estate, alternatives, and opportunity. Oregon Public Employees Retirement Fund allocates the majority of its assets in the U.S. Large and Mid-Cap portfolio and also allocates to the Non-U.S. Dev Large and Mid-Cap, Emerging Markets, U.S. Small and Micro Cap, and Non-U.S. Dev Small and Micro Cap portfolios, in order of decreasing allocations. The fund strives to allocate three quarters of its assets in active portfolios and the remaining in passive portfolios.
As of the latest 13F report, the guru’s equity portfolio contained 1540 stocks valued at a total of $6.60Bil. The top holdings were AAPL(4.02%), MSFT(3.06%), and UNH(1.98%).
According to GuruFocus data, these were OREGON PUBLIC EMPLOYEES RETIREMENT FUND’s top five trades of the quarter.
Pfizer Inc
During the quarter, OREGON PUBLIC EMPLOYEES RETIREMENT FUND bought 1,222,640 shares of NYSE:PFE for a total holding of 2,453,338. The trade had a 0.97% impact on the equity portfolio. During the quarter, the stock traded for an average price of $50.97.
On 07/25/2022, Pfizer Inc traded for a price of $51.77 per share and a market cap of $290.48Bil. The stock has returned 28.00% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Pfizer Inc has a price-earnings ratio of 11.88, a price-book ratio of 3.51, a price-earnings-to-growth (PEG) ratio of 1.13, a EV-to-Ebitda ratio of 8.82 and a price-sales ratio of 3.22.
The price-to-GF Value ratio is 0.61, earning the stock a GF Value rank of 8.
Tesla Inc
OREGON PUBLIC EMPLOYEES RETIREMENT FUND reduced their investment in NAS:TSLA by 65,217 shares. The trade had a 0.82% impact on the equity portfolio. During the quarter, the stock traded for an average price of $822.98.
On 07/25/2022, Tesla Inc traded for a price of $805.3 per share and a market cap of $834.61Bil. The stock has returned 25.17% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 4 out of 10.
In terms of valuation, Tesla Inc has a price-earnings ratio of 109.27, a price-book ratio of 24.47, a EV-to-Ebitda ratio of 63.65 and a price-sales ratio of 14.67.
The price-to-GF Value ratio is 0.79, earning the stock a GF Value rank of 9.
Microsoft Corp
OREGON PUBLIC EMPLOYEES RETIREMENT FUND reduced their investment in NAS:MSFT by 222,518 shares. The trade had a 0.8% impact on the equity portfolio. During the quarter, the stock traded for an average price of $271.99.
On 07/25/2022, Microsoft Corp traded for a price of $258.83 per share and a market cap of $1,935.80Bil. The stock has returned -9.81% over the past year.
GuruFocus gives the company a financial strength rating of 8 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, Microsoft Corp has a price-earnings ratio of 27.02, a price-book ratio of 11.89, a price-earnings-to-growth (PEG) ratio of 1.28, a EV-to-Ebitda ratio of 19.20 and a price-sales ratio of 10.17.
The price-to-GF Value ratio is 0.84, earning the stock a GF Value rank of 7.
Coca-Cola Co
During the quarter, OREGON PUBLIC EMPLOYEES RETIREMENT FUND bought 817,542 shares of NYSE:KO for a total holding of 1,129,762. The trade had a 0.78% impact on the equity portfolio. During the quarter, the stock traded for an average price of $63.37.
On 07/25/2022, Coca-Cola Co traded for a price of $62.19 per share and a market cap of $269.60Bil. The stock has returned 12.10% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Coca-Cola Co has a price-earnings ratio of 26.13, a price-book ratio of 10.83, a price-earnings-to-growth (PEG) ratio of 2.75, a EV-to-Ebitda ratio of 18.97 and a price-sales ratio of 6.74.
The price-to-GF Value ratio is 1.01, earning the stock a GF Value rank of 5.
Exxon Mobil Corp
During the quarter, OREGON PUBLIC EMPLOYEES RETIREMENT FUND bought 542,720 shares of NYSE:XOM for a total holding of 884,457. The trade had a 0.71% impact on the equity portfolio. During the quarter, the stock traded for an average price of $90.08.
On 07/25/2022, Exxon Mobil Corp traded for a price of $89.98 per share and a market cap of $379.10Bil. The stock has returned 63.90% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Exxon Mobil Corp has a price-earnings ratio of 14.91, a price-book ratio of 2.23, a price-earnings-to-growth (PEG) ratio of 74.55, a EV-to-Ebitda ratio of 6.75 and a price-sales ratio of 1.25.
The price-to-GF Value ratio is 1.00, earning the stock a GF Value rank of 6.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
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