PBU - The Pension Fund of Early Childhood & Youth Educators — 13F Holdings & Portfolio
CIK 2103310 · latest 13F-HR filed 2026-04-10
PBU - The Pension Fund of Early Childhood & Youth Educators manages $6.65B in 13F-reported U.S. long-equity assets across 191 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are NVDA (6.47%), AAPL (5.57%), MSFT (4.15%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 12 new positions, exited 31, added to 106, and trimmed 56.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
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AUM
$6.65B
Long-equity book
Holdings
191
Distinct positions
Period
2026-03-31
Filed 2026-04-10
Q/Q Activity
+12 / −31 / ↑106 / ↓56
vs 2025-12-31
Firm Profile & Key People
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- ABBVIE INC COMMON STOCK USD 0.01$54.0M +179.4%
- APPLIED MATERIALS INC COMMON STOCK USD 0.01$41.9M +56.8%
- LAM RESEARCH CORP COMMON STOCK USD 0.001$26.8M +27.3%
- ECOLAB INC COMMON STOCK USD 1$22.6M +123.6%
- ILLINOIS TOOL WORKS INC COMMON STOCK USD 0.01$22.2M +173.1%
Top Trims
- MICROSOFT CORP COMMON STOCK USD 0.00000625-$103.9M -27.3%
- ALPHABET INC-CL A - COMMON STOCK USD 0.001-$91.3M -26.2%
- BROADCOM INC COMMON STOCK USD-$73.9M -33.3%
- VISA INC COMMON STOCK USD 0.0001-$67.2M -52.6%
- META PLATFORMS INC COMMON STOCK USD 0.000006-$63.4M -26.0%
New Positions
- WATERS CORP COMMON STOCK USD 0.01$16.9M
- LYONDELLBASELL INDUSTRIES NV COMMON STOCK USD 0.04$10.7M
- COMFORT SYSTEMS USA INC COMMON STOCK USD 0.01$10.4M
- AECOM COMMON STOCK USD 0.01$9.1M
- NUTRIEN LTD$9.0M
Exited Positions
- TOTALENERGIES SE$74.6M
- GUARDANT HEALTH INC$34.3M
- BIO-TECHNE CORP$22.3M
- ROCKWELL AUTOMATION INC$19.7M
- PROLOGIS INC.$18.5M
All Holdings
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | NVIDIA CORP COMMON STOCK USD 0.001 | NVDA | 67066G104 | $430.1M | 6.47% | 2,466,225 | SH |
| 2 | APPLE INC COMMON STOCK USD 0.00001 | AAPL | 037833100 | $370.3M | 5.57% | 1,458,893 | SH |
| 3 | MICROSOFT CORP COMMON STOCK USD 0.00000625 | MSFT | 594918104 | $276.2M | 4.15% | 746,276 | SH |
| 4 | ALPHABET INC-CL A - COMMON STOCK USD 0.001 | GOOGL | 02079K305 | $257.6M | 3.87% | 895,643 | SH |
| 5 | META PLATFORMS INC COMMON STOCK USD 0.000006 | META | 30303M102 | $180.6M | 2.72% | 315,582 | SH |
| 6 | BROADCOM INC COMMON STOCK USD | AVGO | 11135F101 | $147.7M | 2.22% | 477,142 | SH |
| 7 | JPMORGAN CHASE & CO COMMON STOCK USD 1 | JPM | 46625H100 | $139.6M | 2.10% | 474,583 | SH |
| 8 | LAM RESEARCH CORP COMMON STOCK USD 0.001 | LRCX | 512807306 | $125.2M | 1.88% | 586,101 | SH |
| 9 | APPLIED MATERIALS INC COMMON STOCK USD 0.01 | AMAT | 038222105 | $115.6M | 1.74% | 338,165 | SH |
| 10 | COSTCO WHOLESALE CORP COMMON STOCK USD 0.005 | COST | 22160K105 | $103.5M | 1.56% | 103,861 | SH |
| 11 | ALPHABET INC-CL C - COMMON STOCK USD 0.001 | GOOG | 02079K107 | $92.6M | 1.39% | 322,649 | SH |
| 12 | MERCK & CO INC COMMON STOCK USD 0.5 | MRK | 58933Y105 | $89.6M | 1.35% | 744,629 | SH |
| 13 | KLA CORP COMMON STOCK USD 0.001 | KLAC | 482480100 | $81.7M | 1.23% | 55,496 | SH |
| 14 | NEWMONT CORP COMMON STOCK USD 1.6 | NEM | 651639106 | $80.8M | 1.22% | 746,815 | SH |
| 15 | MASTERCARD INC COMMON STOCK USD 0.0001 | MA | 57636Q104 | $78.0M | 1.17% | 156,019 | SH |
| 16 | TJX COS INC/THE COMMON STOCK USD 1 | TJX | 872540109 | $73.3M | 1.10% | 458,986 | SH |
| 17 | ELI LILLY AND COMPANY | LLY | 532457108 | $70.5M | 1.06% | 76,692 | SH |
| 18 | EBAY INC COMMON STOCK USD 0.001 | EBAY | 278642103 | $70.4M | 1.06% | 773,239 | SH |
| 19 | ARISTA NETWORKS INC COMMON STOCK USD 0.0001 | ANET | 040413205 | $66.6M | 1.00% | 542,532 | SH |
| 20 | THE COCA-COLA COMPANY COMMON STOCK USD 0.25 | KO | 191216100 | $63.6M | 0.96% | 836,647 | SH |
| 21 | VISA INC COMMON STOCK USD 0.0001 | V | 92826C839 | $60.6M | 0.91% | 200,418 | SH |
| 22 | JOHNSON & JOHNSON COMMON STOCK USD 1 | JNJ | 478160104 | $59.7M | 0.90% | 244,050 | SH |
| 23 | EMCOR GROUP INC COMMON STOCK USD 0.01 | EME | 29084Q100 | $55.4M | 0.83% | 75,081 | SH |
| 24 | HOME DEPOT INC/THE COMMON STOCK USD 0.05 | HD | 437076102 | $54.8M | 0.82% | 166,745 | SH |
| 25 | INTERNATIONAL BUSINESS MACHINES CORPORATION | IBM | 459200101 | $53.7M | 0.81% | 221,544 | SH |
| 26 | PROGRESSIVE CORP/THE COMMON STOCK USD 1 | PGR | 743315103 | $50.5M | 0.76% | 254,549 | SH |
| 27 | NETFLIX INC COMMON STOCK USD 0.001 | NFLX | 64110L106 | $46.4M | 0.70% | 483,035 | SH |
| 28 | MICRON TECHNOLOGY INC COMMON STOCK USD 0.1 | MU | 595112103 | $46.4M | 0.70% | 137,197 | SH |
| 29 | GENERAL ELECTRIC CO | GE | 369604301 | $45.3M | 0.68% | 159,709 | SH |
| 30 | ABBVIE INC COMMON STOCK USD 0.01 | ABBV | 00287Y109 | $42.1M | 0.63% | 193,372 | SH |
| 31 | ABBVIE INC COMMON STOCK USD 0.01 | ABBV | 00287Y109 | $42.1M | 0.63% | 193,372 | SH |
| 32 | VERIZON COMMUNICATIONS INC COMMON STOCK USD 0.1 | VZ | 92343V104 | $41.5M | 0.62% | 826,105 | SH |
| 33 | ECOLAB INC COMMON STOCK USD 1 | ECL | 278865100 | $40.9M | 0.61% | 153,663 | SH |
| 34 | CITIGROUP INC COMMON STOCK USD 0.01 | C | 172967424 | $39.2M | 0.59% | 345,479 | SH |
| 35 | PARKER-HANNIFIN CORP COMMON STOCK USD 0.5 | PH | 701094104 | $39.0M | 0.59% | 43,588 | SH |
| 36 | AMERICAN EXPRESS CO COMMON STOCK USD 0.2 | AXP | 025816109 | $38.7M | 0.58% | 128,001 | SH |
| 37 | BANK OF AMERICA CORP COMMON STOCK USD 0.01 | BAC | 060505104 | $36.7M | 0.55% | 753,328 | SH |
| 38 | CUMMINS INC COMMON STOCK USD 2.5 | CMI | 231021106 | $36.7M | 0.55% | 68,204 | SH |
| 39 | CISCO SYSTEMS INC COMMON STOCK USD 0.001 | CSCO | 17275R102 | $36.6M | 0.55% | 472,291 | SH |
| 40 | WELLS FARGO & CO COMMON STOCK USD 1.666 | WFC | 949746101 | $36.5M | 0.55% | 458,980 | SH |
| 41 | NETEASE INC ADR USD 0.0001 | NTES | 64110W102 | $36.0M | 0.54% | 321,279 | SH |
| 42 | THE WALT DISNEY COMPANY | DIS | 254687106 | $35.9M | 0.54% | 372,593 | SH |
| 43 | TRANE TECHNOLOGIES PLC COMMON STOCK USD 1 | TT | G8994E103 | $35.2M | 0.53% | 84,365 | SH |
| 44 | ILLINOIS TOOL WORKS INC COMMON STOCK USD 0.01 | ITW | 452308109 | $35.0M | 0.53% | 134,514 | SH |
| 45 | ROSS STORES INC COMMON STOCK USD 0.01 | ROST | 778296103 | $34.7M | 0.52% | 159,958 | SH |
| 46 | SALESFORCE.COM INC. | CRM | 79466L302 | $34.1M | 0.51% | 182,608 | SH |
| 47 | MERCADOLIBRE INC COMMON STOCK USD 0.001 | MELI | 58733R102 | $33.3M | 0.50% | 19,254 | SH |
| 48 | TORONTO-DOMINION BANK/THE COMMON STOCK | TD | 891160509 | $33.1M | 0.50% | 355,871 | SH |
| 49 | ACCENTURE PLC COMMON STOCK USD 0.0000225 | ACN | G1151C101 | $32.6M | 0.49% | 164,539 | SH |
| 50 | QUALCOMM INC COMMON STOCK USD 0.0001 | QCOM | 747525103 | $32.3M | 0.49% | 251,201 | SH |
Filing History
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-04-10 | $6.65B | 191 | 0002103310-26-000008 |
| 2025-12-31 | 2026-04-10 | $6.94B | 209 | 0002103310-26-000007 |