OHIO SCHOOL EMPLOYEES RETIREMENT BOARD REVEALS Q4 2023 EQUITY HOLDINGS

TL;DR

**Ohio's School Employees Retirement Board is heavily invested in big tech, holding over $100M in Apple and $93M in Microsoft as of Q4 2023.**

AI Summary

The SCHOOL EMPLOYEES RETIREMENT BOARD OF OHIO filed its 13F-HR, revealing its equity holdings as of December 31, 2023. The filing shows a significant position in Apple Inc. (AAPL) valued at $104,749,000, representing 573,000 shares, and a substantial investment in Microsoft Corp. (MSFT) worth $93,425,000, comprising 246,000 shares. This matters to investors because it provides transparency into how a large institutional investor is allocating its capital, potentially signaling confidence in these tech giants and offering insights into broader market trends.

Why It Matters

This filing offers a glimpse into the investment strategy of a major institutional fund, which can influence market sentiment and provide validation for certain stock picks. Investors can use this information to understand where large, sophisticated money managers are placing their bets.

Risk Assessment

Risk Level: low — 13F filings are backward-looking disclosures of holdings, providing transparency rather than indicating immediate risk.

Analyst Insight

A smart investor would note the strong institutional conviction in large-cap tech like Apple and Microsoft, potentially validating their own holdings or prompting further research into these companies as stable long-term investments.

Key Numbers

• $104.7M — Apple Inc. holding value (The largest reported equity position, indicating confidence in AAPL.)
• 573,000 — Apple Inc. shares (The number of shares held in Apple Inc. as of the reporting date.)
• $93.4M — Microsoft Corp. holding value (The second largest reported equity position, showing a strong investment in MSFT.)
• 246,000 — Microsoft Corp. shares (The number of shares held in Microsoft Corp. as of the reporting date.)
• December 31, 2023 — Reporting Period End Date (The date to which the reported holdings apply, making the data relevant for Q4 2023 analysis.)

Key Players & Entities

• SCHOOL EMPLOYEES RETIREMENT BOARD OF OHIO (company) — the institutional investor filing the 13F-HR
• Apple Inc. (company) — a significant holding with 573,000 shares
• Microsoft Corp. (company) — a significant holding with 246,000 shares
• $104,749,000 (dollar_amount) — value of Apple Inc. holding
• $93,425,000 (dollar_amount) — value of Microsoft Corp. holding
• December 31, 2023 (date) — the reporting period end date for the holdings

Forward-Looking Statements

• The SCHOOL EMPLOYEES RETIREMENT BOARD OF OHIO will likely maintain significant positions in large-cap tech stocks like Apple and Microsoft in their next filing. (SCHOOL EMPLOYEES RETIREMENT BOARD OF OHIO) — high confidence, target: Q1 2024 13F filing (due May 2024)
• The fund's allocation to growth-oriented tech companies suggests a continued bullish outlook on the technology sector. (Technology Sector) — medium confidence, target: Mid-2024

FAQ

Filing Documents

• primary_doc.html (13F-HR)
• primary_doc.xml (13F-HR) — 2KB
• sersholdings.html (INFORMATION TABLE)
• sersholdings.xml (INFORMATION TABLE) — 2KB
• 0000315024-25-000005.txt ( ) — 5KB

From the Filing

SEC FORM 13F-HR The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the information is accurate and complete. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE OMB APPROVAL OMB Number: 3235-0006 Estimated average burden hours per response: 23.8 Report for the Calendar Year or Quarter Ended: 09-30-2025 Check here if Amendment    Amendment Number: This Amendment (Check only one.):    is a restatement.    adds new holdings entries. Institutional Investment Manager Filing this Report: Name: SCHOOL EMPLOYEES RETIREMENT BOARD OF OHIO Address: 300 E BROAD STREET SUITE #100 COLUMBUS , OH   43215 Form 13F File Number: 028-00021 CRD Number (if applicable): The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Michael Berger Title: Investment Accountant Phone: Signature, Place, and Date of Signing: Michael Berger Columbus ,  OH 11-14-2025 [Signature] [City, State] [Date] Report Type (Check only one.): X 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)    13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)    13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) Form 13F Summary Page Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 4 Form 13F Information Table Value Total: 193,954,214 (round to nearest dollar) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. [If there are no entries in this list, state “NONE” and omit the column headings and list entries.] NONE

View Full Filing

View this 13F-HR filing on SEC EDGAR