OMERS sold shares in a number of retailers at the end of the third quarter, according to a 13F filing with the Securities and Exchange Commission (SEC).
The pension fund sold off its entire stake in Home Depot, American Eagle Outfitters, and Sears Hometown and Outlet Stores. It also slashed its interest in Safeway by 39% to hold 120,400 shares.
In the media and cable industries, OMERS sold its positions in Comcast and Rogers Communications (the parent company of Benefits Canada) and reduced its stake in Time Warner Cable by 90.6% to 36,201 shares.
The pension fund also made some purchases in the technology sector, initiating positions in both Yahoo! (21,100 shares) and LinkedIn (3,900 shares). And it upped its stake in Oracle by 737% to 1.13 million shares and EMC by 51% to nearly 1.5 million shares.
Its largest stock holding at the end of the quarter was Apple, which was worth US$54.4 million, followed by Talisman Energy at $53.1 million.
Institutional investors with more than US$100 million in securities, such as OMERS, must file a 13F form with the SEC within 45 days of the end of a calendar quarter.
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