PBU - The Pension Fund of Early Childhood & Youth Educators

CIK 2103310 · View on SEC EDGAR ↗

Portfolio value
$4.0B
#941 of 9,443 by 13F value · top 10.0%
Positions
124
As of
June 30, 2026

Portfolio value QoQ: -40.1% 13F does not disclose cash

Top 10 holdings weight
35.55%
Top 25 holdings weight
52.02%
Positions above 1%
20
Effective number of positions
49.0

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q2 2026: 2.3% Est. buys $121,302,455 · sells $3,704,513,964

New positions
4
Increased
42
Decreased
78
Closed
69
On this page

Performance vs S&P 500

Tracked Q4 2025–Q2 2026
+9.5%
S&P 500 total return (same window)
+8.7%
Excess return
+0.8%

Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.

Priceable coverage: 100.0% · Options excluded: 0.0%

Sector breakdown

Technology
36.8%
Industrials
10.2%
Communication Services
9.8%
Healthcare
8.8%
Financial Services
6.0%
Retail
5.9%
Financials
5.4%
Consumer Discretionary
4.0%
Utilities
3.7%
Materials
3.4%
Communications
1.7%
Consumer Staples
1.2%
Real Estate
0.9%
Consumer products
0.9%
Telecommunication
0.6%
Logistics & Transportation
0.5%
Other/Unmapped
0.2%

Full portfolio 124 positions

Type Streak 8Q trend
NVDA NVIDIA Corporation - Common Stock $273,295,328 6.91% 1,365,862 $-156,814,312 Down ×2
AAPL Apple Inc. - Common Stock $257,081,313 6.50% 888,448 $-113,171,141 Down ×2
MSFT Microsoft Corporation - Common Stock $191,746,828 4.85% 514,039 $-84,502,159 Down ×2
GOOGL Alphabet Inc. - Class A Common Stock $137,648,560 3.48% 385,171 $-119,902,541 Down ×2
AVGO Broadcom Inc. - Common Stock $116,282,783 2.94% 307,830 $-31,397,437 Down ×2
GOOG Alphabet Inc. - Class C Capital Stock $110,987,666 2.81% 314,119 $18,432,574 Down ×1
MU Micron Technology, Inc. - Common Stock $97,799,529 2.47% 84,727 $51,448,895 Down ×2
META Meta Platforms, Inc. - Class A Common Stock $87,867,607 2.22% 155,990 $-92,686,323 Down ×2
AMD Advanced Micro Devices, Inc. - Common Stock $73,726,193 1.86% 126,915 $47,924,556 Up ×1
LLY Eli Lilly and Company Common Stock $59,834,765 1.51% 49,886 $-10,704,236 Down ×2
LRCX Lam Research Corporation - Common Stock $57,488,591 1.45% 132,667 $-67,737,749 Down ×1
AMAT Applied Materials, Inc. - Common Stock $57,140,136 1.44% 79,032 $-58,441,279 Down ×1
INTC Intel Corporation - Common Stock $55,182,195 1.39% 395,203 $34,030,112 Down ×1
JPM JP Morgan Chase & Co. Common Stock $51,210,779 1.29% 156,450 $-88,392,556 Down ×1
HD Home Depot, Inc. (The) Common Stock $46,306,884 1.17% 131,300 $-8,533,879 Down ×2
CSCO Cisco Systems, Inc. - Common Stock $42,073,820 1.06% 358,197 $5,428,761 Down ×1
V Visa Inc. $41,310,781 1.04% 120,408 $-19,263,555 Down ×2
GE GE Aerospace Common Stock $41,166,733 1.04% 110,151 $-4,153,890 Down ×1
JNJ Johnson & Johnson Common Stock $40,578,565 1.03% 159,777 $-19,077,017 Down ×1
MS Morgan Stanley Common Stock $39,721,990 1.00% 190,021 $8,470,641 Up ×2
GEV GE Vernova Inc. Common Stock $38,233,469 0.97% 32,543 $9,845,015 Up ×2
GLW Corning Incorporated Common Stock $36,884,092 0.93% 144,400 $17,262,805 Up ×2
C Citigroup, Inc. Common Stock $35,060,820 0.89% 250,506 $-4,119,953 Down ×1
COST Costco Wholesale Corporation - Common Stock $35,037,093 0.89% 37,454 $-68,453,123 Down ×2
UNH UnitedHealth Group Incorporated Common Stock (DE) $34,275,344 0.87% 82,466 $11,975,481 Up ×2
CMI Cummins Inc. Common Stock $33,852,513 0.86% 47,465 $-2,842,603 Down ×1
TXN Texas Instruments Incorporated - Common Stock $33,261,929 0.84% 111,591 $11,611,824 Up ×2
SNDK Sandisk Corporation - Common Stock $32,109,615 0.81% 14,122 Up ×1
HLT Hilton Worldwide Holdings Inc. Common Stock $32,016,287 0.81% 96,884 $2,575,261 Up ×2
ECL Ecolab Inc. Common Stock $31,635,887 0.80% 113,549 $-9,241,544 Down ×1
MA Mastercard Incorporated Common Stock $31,250,506 0.79% 60,846 $-46,705,948 Down ×1
APD Air Products and Chemicals, Inc. Common Stock $30,156,202 0.76% 102,859 $-870,744 Down ×1
ADI Analog Devices, Inc. - Common Stock $29,818,332 0.75% 75,077 $5,948,606 Up ×1
CTVA Corteva, Inc. Common Stock $29,638,875 0.75% 349,969 $-692,439 Down ×1
SHW Sherwin-Williams Company (The) Common Stock $29,470,693 0.74% 85,591 $2,052,449 Up ×2
PH Parker-Hannifin Corporation Common Stock $29,439,456 0.74% 30,098 $-9,582,265 Down ×1
CRWD CrowdStrike Holdings, Inc. - Class A Common Stock $28,948,190 0.73% 37,933 $14,148,137 Up ×1
BAC Bank of America Corporation Common Stock $27,453,078 0.69% 481,802 $-9,271,662 Down ×1
COF Capital One Financial Corporation Common Stock $27,139,071 0.69% 135,276 $1,770,902 Down ×1
F Ford Motor Company Common Stock $27,092,518 0.68% 1,949,102 $4,614,560 Up ×2
DE Deere & Company Common Stock $26,133,127 0.66% 41,198 $2,940,939 Up ×2
IBM International Business Machines Corporation Common Stock $25,618,231 0.65% 91,100 $-28,081,819 Down ×1
EQIX Equinix, Inc. - Common Stock $25,541,682 0.65% 24,503 $-2,268,707 Down ×1
SBUX Starbucks Corporation - Common Stock $25,477,398 0.64% 249,314 $3,155,960 Up ×2
NFLX Netflix, Inc. - Common Stock $25,471,165 0.64% 356,739 $-20,972,650 Down ×2
GM General Motors Company Common Stock $25,418,209 0.64% 329,764 $866,808 Up ×1
AXP American Express Company Common Stock $25,351,838 0.64% 74,950 $-13,365,904 Down ×1
LOW Lowe's Companies, Inc. Common Stock $25,330,332 0.64% 114,882 $-1,796,266 Up ×2
BLK BlackRock, Inc. Common Stock $25,309,221 0.64% 26,321 $12,401 Up ×2
ANET Arista Networks, Inc. Common Stock $25,249,604 0.64% 148,632 $-41,362,475 Down ×1
ITW Illinois Tool Works Inc. Common Stock $25,036,326 0.63% 92,566 $-9,976,323 Down ×1
PNC PNC Financial Services Group, Inc. (The) Common Stock $24,368,393 0.62% 98,970 $-7,124,364 Down ×1
MRK Merck & Company, Inc. Common Stock (new) $24,105,187 0.61% 187,589 $-65,466,235 Down ×2
DIS Walt Disney Company (The) Common Stock $24,077,708 0.61% 250,158 $-11,832,805 Down ×1
PCAR PACCAR Inc. - Common Stock $23,953,730 0.61% 199,415 $936,312 Up ×2
ORCL Oracle Corporation Common Stock $23,923,848 0.60% 163,247 $-5,766,334 Down ×2
D Dominion Energy, Inc. Common Stock $23,567,562 0.60% 345,110 $8,595,747 Up ×2
TJX TJX Companies, Inc. (The) Common Stock $23,453,564 0.59% 154,809 $-49,846,500 Down ×1
EBAY eBay Inc. - Common Stock $23,197,959 0.59% 207,588 $-47,182,255 Down ×1
ROST Ross Stores, Inc. - Common Stock $22,858,813 0.58% 107,394 $-11,792,889 Down ×1
MMM 3M Company Common Stock $22,846,958 0.58% 141,109 $2,473,077 Up ×2
QCOM QUALCOMM Incorporated - Common Stock $22,629,014 0.57% 122,458 $-9,720,651 Down ×2
ED Consolidated Edison, Inc. Common Stock $22,601,156 0.57% 204,295 $7,153,784 Up ×2
NOW ServiceNow, Inc. Common Stock $22,546,389 0.57% 227,099 $-7,222,028 Down ×2
WEC WEC Energy Group, Inc. Common Stock $22,546,185 0.57% 193,082 $3,215,721 Up ×2
NSC Norfolk Southern Corporation Common Stock $22,070,061 0.56% 70,155 $1,948,491 Up ×1
MTB M&T Bank Corporation Common Stock $21,752,686 0.55% 91,394 $2,245,553 Down ×1
CRM Salesforce, Inc. Common Stock $21,752,241 0.55% 138,850 $-12,335,194 Down ×1
EW Edwards Lifesciences Corporation Common Stock $20,758,580 0.52% 229,478 $16,883,589 Up ×1
ABBV AbbVie Inc. Common Stock $20,687,073 0.52% 82,209 $-21,369,403 Down ×1
UBER Uber Technologies, Inc. Common Stock $20,311,308 0.51% 281,476 $77,903 Up ×1
EXC Exelon Corporation - Common Stock $20,194,059 0.51% 433,163 $-8,028,226 Down ×1
UNP Union Pacific Corporation Common Stock $19,382,992 0.49% 71,261 $-12,611,550 Down ×1
MCD McDonald's Corporation Common Stock $19,171,466 0.48% 70,924 $-2,856,708 Up ×2
SCHW Charles Schwab Corporation (The) Common Stock $18,968,498 0.48% 205,576 $-338,941 Up ×2
PFE Pfizer, Inc. Common Stock $18,911,661 0.48% 785,368 $-3,127,067 Up ×2
FDX FedEx Corporation Common Stock $17,823,360 0.45% 56,920 $-10,902,557 Down ×1
FERG Ferguson Enterprises Inc. Common Stock $17,648,808 0.45% 74,364 $314,091 Up ×1
WFC Wells Fargo & Company Common Stock $17,560,752 0.44% 212,497 $-18,978,646 Down ×1
ADP Automatic Data Processing, Inc. - Common Stock $17,540,660 0.44% 78,324 $-6,429,907 Down ×1
SPGI S&P Global Inc. Common Stock $17,198,183 0.43% 42,229 $-752,441 Up ×1
WM Waste Management, Inc. Common Stock $17,098,685 0.43% 76,717 $-2,430,708 Down ×1
SYY Sysco Corporation Common Stock $16,739,402 0.42% 200,280 $-6,250,756 Down ×1
XEL Xcel Energy Inc. - Common Stock $16,632,860 0.42% 207,134 $884,436 Up ×2
EIX Edison International Common Stock $15,784,442 0.40% 212,014 $-9,818,752 Down ×1
AZO AutoZone, Inc. Common Stock $15,554,640 0.39% 4,867 Up ×1
NEM Newmont Corporation $15,038,614 0.38% 161,013 $-65,804,110 Down ×2
KO Coca-Cola Company (The) Common Stock $14,884,113 0.38% 183,144 $-48,742,891 Down ×1
YUM Yum! Brands, Inc. $14,504,897 0.37% 90,735 $406,593 Up ×2
PGR Progressive Corporation (The) Common Stock $14,232,018 0.36% 65,150 $-36,229,776 Down ×1
DASH DoorDash, Inc. - Common Stock $14,107,688 0.36% 76,452 $2,635,778 Up ×2
TMO Thermo Fisher Scientific Inc Common Stock $13,880,653 0.35% 27,686 $-9,779,144 Down ×1
APP Applovin Corporation - Class A Common Stock $13,725,727 0.35% 26,640 $-2,656,749 Down ×1
NEE NextEra Energy, Inc. Common Stock $13,407,657 0.34% 152,759 $-771,311 Up ×2
WAT Waters Corporation Common Stock $13,310,920 0.34% 35,492 $-3,559,450 Down ×1
T AT&T Inc. $13,184,120 0.33% 636,914 $-14,412,679 Down ×1
MELI MercadoLibre, Inc. - Common Stock $12,913,743 0.33% 7,608 $-20,376,808 Down ×1
BMY Bristol-Myers Squibb Company Common Stock $12,658,653 0.32% 219,692 $-13,701,717 Down ×1
EFX Equifax, Inc. Common Stock $12,426,348 0.31% 78,291 Up ×1
AJG Arthur J. Gallagher & Co. Common Stock $12,363,951 0.31% 53,857 $2,029,187 Up ×2

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
SNDK $32,109,615 14,122 0.81%
AZO $15,554,640 4,867 0.39%
EFX $12,426,348 78,291 0.31%
Unknown issuer (CUSIP: 314352105) $9,130,517 60,467 0.23%

Top movers (QoQ)

Security Action Shares Δ Value Δ
NVDA Trimmed -1.1M -$156.8M
GOOGL Trimmed -510K -$119.9M
AAPL Trimmed -570K -$113.2M
META Trimmed -160K -$92.7M
JPM Trimmed -318K -$88.4M
MSFT Trimmed -232K -$84.5M
COST Trimmed -66K -$68.5M
LRCX Trimmed -453K -$67.7M
MRK Trimmed -557K -$65.5M
AMAT Trimmed -259K -$58.4M

1 position hidden (data completeness check)

Exited positions

Includes corporate events (mergers, delistings) — not all exits are sells

Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.

SecurityQuarter Shares before Value before Price since exit
KLAC June 30, 2026 55,496 $81,712,865 -38.6%
TTE March 31, 2026 1,142,166 $74,569,980 -0.1%
EME June 30, 2026 75,081 $55,433,053 -4.8%
VZ June 30, 2026 826,105 $41,470,471 16.8%
NTES June 30, 2026 321,279 $35,963,971 -0.3%
TT June 30, 2026 84,365 $35,158,270 -7.4%
GH March 31, 2026 335,854 $34,304,128 80.1%
TD June 30, 2026 355,871 $33,130,348 -2.3%
ACN June 30, 2026 164,539 $32,626,438 46.7%
ETN June 30, 2026 90,188 $32,257,542 -1.2%
TSCO June 30, 2026 710,832 $32,200,690 10.4%
HIG June 30, 2026 226,993 $30,696,263 4.0%
STLD June 30, 2026 164,038 $29,526,840 -0.3%
MFC June 30, 2026 833,547 $28,622,284 5.8%
HCA June 30, 2026 58,394 $27,634,377 6.6%
CM June 30, 2026 282,370 $26,676,149 2.4%
JCI June 30, 2026 199,076 $26,069,002 -0.7%
RY June 30, 2026 158,735 $25,578,844 0.3%
CNI June 30, 2026 241,265 $24,753,355 8.8%
BN June 30, 2026 603,573 $24,380,085 -1.5%
AMP June 30, 2026 51,372 $22,829,717 21.9%
TECH March 31, 2026 379,367 $22,310,573 38.3%
AEM June 30, 2026 108,221 $21,897,144 39.8%
ADBE June 30, 2026 89,697 $21,803,547 33.1%
BMO June 30, 2026 152,951 $20,650,791 -0.4%
ROK March 31, 2026 50,547 $19,666,321 21.7%
ISRG June 30, 2026 42,171 $19,440,409 -6.1%
UBS June 30, 2026 490,514 $18,758,475 7.4%
CB June 30, 2026 57,380 $18,701,863 0.8%
PLD March 31, 2026 145,124 $18,526,530 6.9%
SLF June 30, 2026 286,362 $17,882,991 1.6%
URBN June 30, 2026 278,959 $17,672,053 6.2%
SPOT June 30, 2026 35,966 $17,440,273 14.8%
SHOP June 30, 2026 146,047 $17,273,958 27.7%
AON June 30, 2026 52,661 $16,997,918 6.5%
WCN June 30, 2026 97,645 $15,861,454 1.2%
SNPS June 30, 2026 38,125 $15,115,800 -10.7%
CSL June 30, 2026 44,780 $14,939,504 -0.5%
PINS June 30, 2026 726,197 $13,318,453 9.7%
DAR March 31, 2026 360,707 $12,985,452 10.0%
HWM March 31, 2026 62,972 $12,910,519 19.8%
MDT June 30, 2026 135,915 $11,777,035 17.7%
FOXA March 31, 2026 160,731 $11,744,614 16.9%
LIN March 31, 2026 26,689 $11,379,923 -1.6%
TGT June 30, 2026 92,382 $11,196,698 24.4%
FISV June 30, 2026 199,780 $11,147,724 5.1%
ALL March 31, 2026 52,927 $11,016,755 23.6%
LYB June 30, 2026 132,442 $10,669,528 29.9%
TEL March 31, 2026 46,621 $10,606,744 -3.0%
MCO June 30, 2026 24,238 $10,573,828 10.3%
BNS June 30, 2026 152,831 $10,564,796 1.5%
FIX June 30, 2026 7,525 $10,376,900 -15.1%
WTW June 30, 2026 35,669 $10,368,978 31.1%
SNOW June 30, 2026 67,437 $10,170,848 24.1%
CALM June 30, 2026 125,346 $9,921,136 3.1%
TRV June 30, 2026 32,075 $9,355,636 11.0%
MGA June 30, 2026 166,029 $9,242,862 9.6%
HUBS March 31, 2026 22,957 $9,212,644 -4.3%
NTAP June 30, 2026 89,266 $9,139,946 24.7%
ACM June 30, 2026 107,172 $9,090,329 -6.9%
NTR June 30, 2026 119,988 $9,028,713 16.8%
ALLE June 30, 2026 61,430 $8,925,165 15.2%
BURL June 30, 2026 26,873 $8,743,937 6.3%
CF June 30, 2026 66,592 $8,646,305 17.9%
URI March 31, 2026 10,663 $8,629,779 51.9%
TDG March 31, 2026 6,360 $8,457,846 3.3%
DRI June 30, 2026 42,742 $8,379,142 6.0%
CDW March 31, 2026 61,415 $8,364,723 9.9%
FICO June 30, 2026 7,683 $8,201,910 -2.4%
MAS June 30, 2026 134,966 $8,147,897 -9.5%
CLX June 30, 2026 77,519 $8,033,294 10.5%
RMD March 31, 2026 32,933 $7,932,572 2.4%
DVA March 31, 2026 63,461 $7,209,804 14.2%
CHTR June 30, 2026 31,332 $6,763,952 3.5%
FCNCA March 31, 2026 3,138 $6,734,713 15.7%
PAYX March 31, 2026 59,970 $6,727,435 32.5%
PYPL March 31, 2026 115,170 $6,723,625 37.6%
ULTA June 30, 2026 12,515 $6,541,716 15.0%
JBL June 30, 2026 23,976 $6,368,745 -17.2%
WSM June 30, 2026 31,761 $5,790,983 1.5%
LULU June 30, 2026 37,218 $5,698,076 3.1%
CLS March 31, 2026 18,458 $5,467,109 7.7%
KGC June 30, 2026 176,627 $5,382,820 37.8%
ADPT June 30, 2026 378,069 $5,247,598 16.9%
UTHR March 31, 2026 9,857 $4,802,823 -11.3%
DXCM June 30, 2026 71,347 $4,480,592 32.8%
DAL June 30, 2026 59,595 $3,961,876 -12.3%
TPR June 30, 2026 26,516 $3,741,673 -10.7%
COIN March 31, 2026 16,484 $3,727,692 7.3%
AOS March 31, 2026 47,042 $3,146,169 -4.9%
DECK June 30, 2026 30,584 $3,061,153 -9.5%
FLS June 30, 2026 41,011 $3,014,719 6.8%
RCL March 31, 2026 9,870 $2,752,940 6.3%
UAL June 30, 2026 20,507 $1,888,079 -16.9%
GWW March 31, 2026 1,400 $1,412,670 19.8%
FITB March 31, 2026 22,387 $1,047,935 18.5%
CMCSA March 31, 2026 31,879 $952,863 -7.8%
PNR March 31, 2026 8,524 $887,689 -26.3%
CI March 31, 2026 3,028 $833,396 3.8%
CMG March 31, 2026 22,457 $830,909 12.1%