PERA Investments: Significant Tech Buys and Sales in Q2 2026
Public Employees Retirement Association of Colorado (PERA) adjusted its portfolio significantly during the second quarter, highlighting notable purchases and sales across various sectors.
According to data from Insiderset for Public Employees Retirement Association of Colorado, commonly known as PERA, the state's retirement fund showed substantial changes in its holdings during Q2 2026.
PERA appears to have focused on acquiring more shares in select Technology and Communication Services companies. Notably, KLA CORP (KLAC), a semiconductor equipment manufacturer, saw an enormous increase of 730% in its share count during the quarter, boosting its portfolio allocation from nearly zero to over 0.84%. This suggests renewed confidence or strategic interest in KLAC's business.
Additionally, PERA purchased shares in INTEL CORP (INTC), increasing its stake by more than 55% and adding a Technology position that now accounts for over 0.74% of the portfolio.
Furthermore, in the Healthcare sector via AMD, PERA significantly expanded its holdings by acquiring shares representing an approximately 73% increase from the previous period, adding nearly another 0.19% to this already substantial Technology sub-sector within its portfolio.
On the other side of the ledger, PERA divested significant portions or exited positions in several stocks during Q2. The most prominent sale was NETFLIX INC (NFLX), where shares decreased by 63.18%, resulting in a portfolio percentage allocation drop from over 0.7% to just 0.13%. This substantial reduction indicates PERA's decision to scale back its exposure to the streaming giant.
Other notable exits or reductions include META PLATFORMS INC (META), which saw a nearly 8.7% decrease in portfolio allocation, and HEWLETT PACKARD ENTERPRISE COMPANY (HPE) where the stake was completely removed from the active holdings list.
In summary, PERA's Q2 2026 activity involved targeted purchases in specific Technology and Healthcare stocks like KLAC, INTC, and AMD, while simultaneously reducing or exiting positions in others such as NFLX. These changes reflect a dynamic investment strategy focused on adjusting exposure to certain sectors based on market conditions.