PBU - The Pension Fund of Early Childhood & Youth Educators

Portfolio Overview

PBU - The Pension Fund of Early Childhood & Youth Educators disclosed 124 positions worth $4.4B in its Form 13F-HR for Q2 2026, led by $MSFT (MICROSOFT CORP) at 8.7% of the equity portfolio, followed by $NVDA and $AAPL. During the quarter the fund opened 4 new positions and exited 70 — including a new stake in $SNDK and a full exit from $KLAC. The portfolio is most concentrated in Technology (51.5% of disclosed assets). All figures are sourced directly from PBU - The Pension Fund of Early Childhood & Youth Educators’s Form 13F-HR filing with the SEC under CIK 2103310.

• 

  MICROSOFT CORP

  $MSFT

  83.7#15

  Quality

  $383.5M1,028,078 sh
• 

  NVIDIA CORP

  $NVDA

  90.2#1

  Quality

  $273.3M1,365,862 sh
• 

  Apple Inc.

  $AAPL

  76.1#112

  Quality

  $257.1M888,448 sh
• 

  Alphabet Inc.

  $GOOGL

  80.2

  Quality

  $222.0M628,238 sh
• 

  Alphabet Inc.

  $GOOG

  80.2

  Quality

  $137.6M385,171 sh
• 

  Broadcom Inc.

  $AVGO

  86.4

  Quality

  $116.3M307,830 sh
• 

  MICRON TECHNOLOGY INC

  $MU

  88.4

  Quality

  $97.8M84,727 sh
• 

  Meta Platforms, Inc.

  $META

  80.9

  Quality

  $87.9M155,990 sh
• 

  VISA INC.

  $V

  83.5

  Quality

  $82.6M240,816 sh
• 

  GENERAL ELECTRIC CO

  $GE

  74.8

  Quality

  $82.3M220,302 sh

Company	Quality	Value	Shares
MICROSOFT CORP$MSFT	83.7#15	$383.5M	1,028,078
NVIDIA CORP$NVDA	90.2#1	$273.3M	1,365,862
Apple Inc.$AAPL	76.1#112	$257.1M	888,448
Alphabet Inc.$GOOGL	80.2	$222.0M	628,238
Alphabet Inc.$GOOG	80.2	$137.6M	385,171
Broadcom Inc.$AVGO	86.4	$116.3M	307,830
MICRON TECHNOLOGY INC$MU	88.4	$97.8M	84,727
Meta Platforms, Inc.$META	80.9	$87.9M	155,990
VISA INC.$V	83.5	$82.6M	240,816
GENERAL ELECTRIC CO$GE	74.8	$82.3M	220,302

Showing top 10 of 124 holdings.

Full Holdings — PBU - The Pension Fund of Early Childhood & Youth Educators (Q2 2026)

All 124 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$MSFT	MICROSOFT CORP	$383.5M	8.7%	-31%	83.7
2	$NVDA	NVIDIA CORP	$273.3M	6.2%	-72%	90.2
3	$AAPL	Apple Inc.	$257.1M	5.8%	-70%	76.1
4	$GOOGL	Alphabet Inc.	$222.0M	5.0%	-3%	80.2
5	$GOOG	Alphabet Inc.	$137.6M	3.1%	-78%	80.2
6	$AVGO	Broadcom Inc.	$116.3M	2.6%	-68%	86.4
7	$MU	MICRON TECHNOLOGY INC	$97.8M	2.2%	-69%	88.4
8	$META	Meta Platforms, Inc.	$87.9M	2.0%	-75%	80.9
9	$V	VISA INC.	$82.6M	1.9%	-40%	83.5
10	$GE	GENERAL ELECTRIC CO	$82.3M	1.9%	-31%	74.8
11	$AMD	ADVANCED MICRO DEVICES INC	$73.7M	1.7%	-50%	78.8
12	$MA	Mastercard Inc	$62.5M	1.4%	-61%	81.7
13	$LLY	ELI LILLY & Co	$59.8M	1.4%	-67%	89.3
14	$LRCX	LAM RESEARCH CORP	$57.5M	1.3%	-89%	82.4
15	$AMAT	APPLIED MATERIALS INC /DE	$57.1M	1.3%	-88%	74.8
16	$INTC	INTEL CORP	$55.2M	1.3%	-59%	41.5
17	$JPM	JPMORGAN CHASE & CO	$51.2M	1.2%	-84%	35.6
18	$HD	HOME DEPOT, INC.	$46.3M	1.1%	-61%	69.2
19	$CSCO	CISCO SYSTEMS, INC.	$42.1M	0.9%	-62%	72.3
20	$JNJ	JOHNSON & JOHNSON	$40.6M	0.9%	-67%	72.8
21	$MS	MORGAN STANLEY	$39.7M	0.9%	-50%	—
22	$GEV	GE Vernova Inc.	$38.2M	0.9%	-50%	70.1
23	$SCHW	SCHWAB CHARLES CORP	$37.9M	0.9%	+0%	77.2
24	$GLW	CORNING INC /NY	$36.9M	0.8%	-50%	72.7
25	$FERG	Ferguson Enterprises Inc. /DE/	$35.3M	0.8%	+0%	58.9
26	$C	CITIGROUP INC	$35.1M	0.8%	-64%	54.8
27	$COST	COSTCO WHOLESALE CORP /NEW	$35.0M	0.8%	-82%	67
28	$UNH	UNITEDHEALTH GROUP INC	$34.3M	0.8%	-50%	66.8
29	$CMI	CUMMINS INC	$33.9M	0.8%	-65%	58.9
30	$TXN	TEXAS INSTRUMENTS INC	$33.3M	0.8%	-50%	70.4
31	$SNDK	Sandisk Corp	$32.1M	0.7%	NEW	88.8
32	$HLT	Hilton Worldwide Holdings Inc.	$32.0M	0.7%	-50%	73.1
33	$ECL	ECOLAB INC.	$31.6M	0.7%	-63%	64.3
34	$APD	Air Products & Chemicals, Inc.	$30.2M	0.7%	-52%	41.2
35	$ADI	ANALOG DEVICES INC	$29.8M	0.7%	-50%	76.2
36	$CTVA	Corteva, Inc.	$29.6M	0.7%	-52%	48.4
37	$SHW	SHERWIN WILLIAMS CO	$29.5M	0.7%	-50%	65.3
38	$PH	Parker-Hannifin Corp	$29.4M	0.7%	-65%	73.8
39	$CRWD	CrowdStrike Holdings, Inc.	$28.9M	0.7%	-50%	55
40	$BAC	BANK OF AMERICA CORP /DE/	$27.5M	0.6%	-68%	68.4
41	$COF	CAPITAL ONE FINANCIAL CORP	$27.1M	0.6%	-51%	71
42	$F	FORD MOTOR CO	$27.1M	0.6%	-50%	58.5
43	$DE	DEERE & CO	$26.1M	0.6%	-50%	57.4
44	$MELI	MERCADOLIBRE INC	$25.8M	0.6%	-60%	77.5
45	$IBM	INTERNATIONAL BUSINESS MACHINES CORP	$25.6M	0.6%	-79%	66.7
46	$EQIX	EQUINIX INC	$25.5M	0.6%	-57%	61.4
47	$SBUX	STARBUCKS CORP	$25.5M	0.6%	-50%	54.6
48	$NFLX	NETFLIX INC	$25.5M	0.6%	-63%	86.7
49	$GM	General Motors Co	$25.4M	0.6%	-50%	58.7
50	$AXP	AMERICAN EXPRESS CO	$25.4M	0.6%	-71%	73.2
51	$LOW	LOWES COMPANIES INC	$25.3M	0.6%	-50%	63.5
52	$BLK	BlackRock, Inc.	$25.3M	0.6%	-50%	70.3
53	$ANET	Arista Networks, Inc.	$25.2M	0.6%	-86%	86
54	$ITW	ILLINOIS TOOL WORKS INC	$25.0M	0.6%	-66%	71.2
55	$PNC	PNC FINANCIAL SERVICES GROUP, INC.	$24.4M	0.6%	-67%	70.9
56	$MRK	Merck & Co., Inc.	$24.1M	0.6%	-87%	70.9
57	$DIS	Walt Disney Co	$24.1M	0.5%	-66%	68.9
58	$PCAR	PACCAR INC	$24.0M	0.5%	-50%	56.5
59	$ORCL	ORACLE CORP	$23.9M	0.5%	-60%	67.2
60	$D	DOMINION ENERGY, INC	$23.6M	0.5%	-29%	74.9
61	$TJX	TJX COMPANIES INC /DE/	$23.5M	0.5%	-83%	70.7
62	$EBAY	EBAY INC	$23.2M	0.5%	-87%	69.3
63	$ROST	ROSS STORES, INC.	$22.9M	0.5%	-66%	71.5
64	$MMM	3M CO	$22.8M	0.5%	-50%	60.7
65	$QCOM	QUALCOMM INC/DE	$22.6M	0.5%	-76%	81.9
66	$ED	CONSOLIDATED EDISON INC	$22.6M	0.5%	-25%	71.6
67	$NOW	ServiceNow, Inc.	$22.5M	0.5%	-60%	76
68	$WEC	WEC ENERGY GROUP, INC.	$22.5M	0.5%	-42%	67
69	$NSC	NORFOLK SOUTHERN CORP	$22.1M	0.5%	-50%	70.8
70	$MTB	M&T BANK CORP	$21.8M	0.5%	-52%	64.1
71	$CRM	Salesforce, Inc.	$21.8M	0.5%	-62%	75.2
72	$EW	Edwards Lifesciences Corp	$20.8M	0.5%	+137%	67.6
73	$ABBV	AbbVie Inc.	$20.7M	0.5%	-89%	59.3
74	$UBER	Uber Technologies, Inc	$20.3M	0.5%	-50%	79.3
75	$EXC	EXELON CORP	$20.2M	0.5%	-62%	63.9
76	$UNP	UNION PACIFIC CORP	$19.4M	0.4%	-73%	74
77	$MCD	MCDONALDS CORP	$19.2M	0.4%	-50%	73.9
78	$PFE	PFIZER INC	$18.9M	0.4%	-50%	69
79	$FDX	FEDEX CORP	$17.8M	0.4%	-65%	60.3
80	$WFC	WELLS FARGO & COMPANY/MN	$17.6M	0.4%	-77%	—
81	$ADP	AUTOMATIC DATA PROCESSING INC	$17.5M	0.4%	-67%	77.9
82	$SPGI	S&P Global Inc.	$17.2M	0.4%	-50%	79.4
83	$WM	WASTE MANAGEMENT INC	$17.1M	0.4%	-55%	70.7
84	$SYY	SYSCO CORP	$16.7M	0.4%	-69%	58.4
85	$XEL	XCEL ENERGY INC	$16.6M	0.4%	-48%	—
86	$EIX	EDISON INTERNATIONAL	$15.8M	0.4%	-70%	70.7
87	$AZO	AUTOZONE INC	$15.6M	0.3%	NEW	66.5
88	$NEM	NEWMONT Corp /DE/	$15.0M	0.3%	-89%	88.3
89	$KO	COCA COLA CO	$14.9M	0.3%	-89%	74
90	$YUM	YUM BRANDS INC	$14.5M	0.3%	-50%	71.7
91	$PGR	PROGRESSIVE CORP/OH/	$14.2M	0.3%	-87%	83.6
92	$DASH	DoorDash, Inc.	$14.1M	0.3%	-50%	70.6
93	$TMO	THERMO FISHER SCIENTIFIC INC.	$13.9M	0.3%	-71%	63.7
94	$APP	AppLovin Corp	$13.7M	0.3%	-68%	86.8
95	$NEE	NEXTERA ENERGY INC	$13.4M	0.3%	-50%	71.7
96	$WAT	WATERS CORP /DE/	$13.3M	0.3%	-69%	69.9
97	$T	AT&T INC.	$13.2M	0.3%	-67%	71.9
98	$BMY	BRISTOL MYERS SQUIBB CO	$12.7M	0.3%	-75%	70.1
99	$EFX	EQUIFAX INC	$12.4M	0.3%	NEW	69.4
100	$AJG	Arthur J. Gallagher & Co.	$12.4M	0.3%	-44%	72.1
101	$PEP	PEPSICO INC	$12.1M	0.3%	-75%	62.7
102	$INTU	INTUIT INC.	$12.0M	0.3%	-53%	82
103	$KVUE	Kenvue Inc.	$11.8M	0.3%	-55%	60.2
104	$BDX	BECTON DICKINSON & CO	$11.7M	0.3%	-50%	50.7
105	$ADSK	Autodesk, Inc.	$11.7M	0.3%	-30%	76.4
106	$CL	COLGATE PALMOLIVE CO	$11.5M	0.3%	-80%	72.4
107	$AFL	AFLAC INC	$11.5M	0.3%	-50%	60.3
108	$GIS	GENERAL MILLS INC	$11.4M	0.3%	-42%	64.1
109	$AMGN	AMGEN INC	$11.3M	0.3%	-70%	79.5
110	$SYK	STRYKER CORP	$11.3M	0.3%	-78%	69.8
111	$CME	CME GROUP INC.	$11.3M	0.3%	-50%	74.5
112	$DHR	DANAHER CORP /DE/	$11.2M	0.3%	-73%	63.9
113	$REGN	REGENERON PHARMACEUTICALS, INC.	$11.0M	0.3%	-41%	75.1
114	$PG	PROCTER & GAMBLE Co	$10.9M	0.3%	-78%	72.9
115	$ABT	ABBOTT LABORATORIES	$10.8M	0.3%	-54%	67
116	$HSY	HERSHEY CO	$10.8M	0.2%	-70%	59.4
117	$CEG	Constellation Energy Corp	$10.7M	0.2%	-68%	62.5
118	$GILD	GILEAD SCIENCES, INC.	$10.7M	0.2%	-70%	77.8
119	$CVNA	CARVANA CO.	$10.6M	0.2%	+97%	69.2
120	$TMUS	T-Mobile US, Inc.	$10.2M	0.2%	-45%	72.7
121	$BSX	BOSTON SCIENTIFIC CORP	$9.5M	0.2%	-52%	79.9
122	$AMT	AMERICAN TOWER CORP /MA/	$9.4M	0.2%	-70%	69.8
123	$FDXF	FedEx Freight Holding Company, Inc.	$9.1M	0.2%	NEW	—
124	$ZTS	Zoetis Inc.	$1.9M	0.0%	-84%	72.6