Investments
1Portfolio Exits
1
Want to inform investors similar to Utah Retirement Systems about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest Utah Retirement Systems News
May 17, 2023
Tesla, Apple, Amazon Stakes Upped By Utah Retirement Systems During Q1 May 17, 2023 3:09 AM | 2 min read Utah Retirement Systems, which administers pension plans and retirement savings plans for public employees in Utah, has upped its stake in big tech names during the first quarter of 2023, according to its latest 13F filing posted on the Securities and Exchange Commission . The filing shows that the fund has increased its position in Apple Inc AAPL, Tesla Inc TSLA, Microsoft Corp MSFT and Amazon.com, Inc. AMZN during Q1. Apple remains its top pick for the quarter, according to whalewisdom.com. The fund bought over 7,600 shares of the iPhone maker during the period and currently holds over 2.67 million shares of the tech giant. It also raised bought 4,800 shares of Amazon and 3,800 shares of Microsoft during the quarter. Price Action: Shares of these mega-cap companies have registered mixed gains over last month which saw a barrage of developments including the quarterly earnings release, the Federal Reserve's policy announcement, inflation concerns and the debt ceiling crisis . While retail giant Amazon's shares have registered over 10% gains during the period, Tesla's stock has logged over 10% losses. At the same time, Microsoft shares have risen over 7% while Apple shares are up just over 4% in the period, according to Benzinga Pro . According to whalewisdom.com, Utah Retirement Systems has trimmed positions in Equity Residential EQR and Home Depot Inc HD during the first quarter. Top Holdings: Apple, Microsoft, Amazon and NVIDIA Corporation NVDA are among the top holdings of the fund as of the end of the first quarter, according to whalewisdom.com.
Utah Retirement Systems Investments
1 Investments
Utah Retirement Systems has made 1 investments. Their latest investment was in La Jolla Pharmaceutical Company as part of their Unattributed VC - IV on January 1, 2002.

Utah Retirement Systems Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/18/2002 | Unattributed VC - IV | La Jolla Pharmaceutical Company | $51.59M | Yes | Alfred I. duPont Testamentary Trust, AWM Investment Company, Bain Capital Public Equity, Deerfield Management, Deka Investment, DekaTeam-BioTech, East Bay Municipal Utility District, EGS Healthcare Capital Partners, ING, J.P. Morgan Chase & Co., Memorial Hospital Of South Bend, Nemours Children's Health, RS Investments, Safeco, SF Capital Group, UBS, Undisclosed Investors, Utah Retirement Systems, and Zeke |
Date | 1/18/2002 |
---|---|
Round | Unattributed VC - IV |
Company | La Jolla Pharmaceutical Company |
Amount | $51.59M |
New? | Yes |
Co-Investors | Alfred I. duPont Testamentary Trust, AWM Investment Company, Bain Capital Public Equity, Deerfield Management, Deka Investment, DekaTeam-BioTech, East Bay Municipal Utility District, EGS Healthcare Capital Partners, ING, J.P. Morgan Chase & Co., Memorial Hospital Of South Bend, Nemours Children's Health, RS Investments, Safeco, SF Capital Group, UBS, Undisclosed Investors, Utah Retirement Systems, and Zeke |
Sources |
Utah Retirement Systems Portfolio Exits
1 Portfolio Exit
Utah Retirement Systems has 1 portfolio exit. Their latest portfolio exit was La Jolla Pharmaceutical Company on February 06, 2006.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
2/6/2006 | IPO | Public |
Date | 2/6/2006 |
---|---|
Exit | IPO |
Companies | |
Valuation | |
Acquirer | Public |
Sources |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.