School Employees Retirement Board of Ohio (SER-Ohio) Investment Activity in Q2 2026

The School Employees Retirement Board of Ohio (SER-Ohio) reported substantial shifts in its investment strategy for Q2 2026. With a portfolio value exceeding $277 million as of June 30, 2026, the board's actions reflect adjustments to specific sectors or asset classes.

A major theme during this period was an increased focus on gold-related assets and a corresponding reduction in Treasury holdings. The largest holding by weight, ISHARES GOLD TR (IAUM), saw its share count rise significantly by 379,000 shares (+37.9% quarter-on-quarter). This substantial increase suggests confidence or strategic positioning towards precious metals.

Furthermore, the World Gold TR (GLDM) experienced a complete transformation in its position during Q2, with all previous holdings replaced entirely by new purchases. The share count jumped 100% from prior periods, adding $9 million worth of this ETF to SER-Ohio's portfolio.

On the other side of the spectrum, ISHARES TR (GOVT), which represents Treasury bonds, faced a significant reduction in its position. The board sold off approximately 438,000 shares (-40.21%), resulting in a substantial decrease from previous quarters.

Another notable increase occurred with the ISHARES TR (IEI) fund, representing financial data services holdings. This ETF's share count grew by about 167,000 shares (+79.42%) during Q2, indicating a strong conviction in this sector.

Conversely, SER-Ohio maintained its position on AMLP (ALPS ETF TR) and MLPX (GLOBAL X FDS), showing no change (-378,000 shares for both). The portfolio's top five holdings account for 96.76% of the total value ($277 million).

For a detailed look at SER-Ohio's investment activities and performance metrics, you can explore their filings on InsiderSet. To delve deeper into specific holdings like IAUM or GLDM, visit the respective stock pages: IAUM and GLDM.