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Institution

California State Teachers Retirement System

13F for the quarter to June 30, 2026, filed August 24, 2026 · SEC CIK 1081019

Reported value
$108.6bn
93% in companies we cover
Positions we cover
2,880
Largest NVDA 6.5%
Copy, a year
+13.8%
S&P 500 +13.8%
Copy Sharpe ratio
0.74
S&P 500 0.75

How copying its 13F would have done

$10.0k$20.0k$40.0k 2013201520172019202120232025 $55.9k$55.9k
CopyS&P 500 $10,000 copying California State Teachers Retirement System's filed holdings in companies we cover from July 26, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −32.3% (S&P 500 −31.8%); beta 1.02; alpha −0.2% a year (t = −0.27); last 12 months +11.3% against +12.1%.

Reported value by quarter

California State Teachers Retirement System: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).
$0 $20T $40T $60T $80T Reported value, 2013-03-31: $29.8B Reported value, 2013-06-30: $30.8B Reported value, 2013-09-30: $33.6B Reported value, 2013-12-31: $37B Reported value, 2014-03-31: $37.8B Reported value, 2014-06-30: $39.8B Reported value, 2014-09-30: $40.3B Reported value, 2014-12-31: $42.6B Reported value, 2015-03-31: $42.2B Reported value, 2015-06-30: $41.4B Reported value, 2015-09-30: $38.4B Reported value, 2015-12-31: $41B Reported value, 2016-03-31: $46.9B Reported value, 2016-06-30: $46.4B Reported value, 2016-09-30: $48.5B Reported value, 2016-12-31: $49.1B Reported value, 2017-03-31: $49.5B Reported value, 2017-06-30: $46.9B Reported value, 2017-09-30: $45.2B Reported value, 2017-12-31: $48.6B Reported value, 2018-03-31: $46.7B Reported value, 2018-06-30: $48B Reported value, 2018-09-30: $51.5B Reported value, 2018-12-31: $43.9B Reported value, 2019-03-31: $48.8B Reported value, 2019-06-30: $50.7B Reported value, 2019-09-30: $51.3B Reported value, 2019-12-31: $58.8B Reported value, 2020-03-31: $46.4B Reported value, 2020-06-30: $56.8B Reported value, 2020-09-30: $62.3B Reported value, 2020-12-31: $71.5B Reported value, 2021-03-31: $75.7B Reported value, 2021-06-30: $79.6B Reported value, 2021-09-30: $77.9B Reported value, 2021-12-31: $85.6B Reported value, 2022-03-31: $76B Reported value, 2022-06-30: $63.2B Reported value, 2022-09-30: $59.2B Reported value, 2022-12-31: $63.6T Reported value, 2023-03-31: $67.2B Reported value, 2023-06-30: $70.8B Reported value, 2023-09-30: $65.1B Reported value, 2023-12-31: $72.5B Reported value, 2024-03-31: $79.1B Reported value, 2024-06-30: $81.6B Reported value, 2024-09-30: $85.7B Reported value, 2024-12-31: $85.7B Reported value, 2025-03-31: $80.9B Reported value, 2025-06-30: $90B Reported value, 2025-09-30: $97.5B Reported value, 2025-12-31: $100B Reported value, 2026-03-31: $94.5B Reported value, 2026-06-30: $108.6B 2013-03-31 2015-12-31 2018-09-30 2021-06-30 2024-03-31 2026-06-30 $108.6B
View chart data
Period Reported value
2013-03-31 $29.8B
2013-06-30 $30.8B
2013-09-30 $33.6B
2013-12-31 $37B
2014-03-31 $37.8B
2014-06-30 $39.8B
2014-09-30 $40.3B
2014-12-31 $42.6B
2015-03-31 $42.2B
2015-06-30 $41.4B
2015-09-30 $38.4B
2015-12-31 $41B
2016-03-31 $46.9B
2016-06-30 $46.4B
2016-09-30 $48.5B
2016-12-31 $49.1B
2017-03-31 $49.5B
2017-06-30 $46.9B
2017-09-30 $45.2B
2017-12-31 $48.6B
2018-03-31 $46.7B
2018-06-30 $48B
2018-09-30 $51.5B
2018-12-31 $43.9B
2019-03-31 $48.8B
2019-06-30 $50.7B
2019-09-30 $51.3B
2019-12-31 $58.8B
2020-03-31 $46.4B
2020-06-30 $56.8B
2020-09-30 $62.3B
2020-12-31 $71.5B
2021-03-31 $75.7B
2021-06-30 $79.6B
2021-09-30 $77.9B
2021-12-31 $85.6B
2022-03-31 $76B
2022-06-30 $63.2B
2022-09-30 $59.2B
2022-12-31 $63.6T
2023-03-31 $67.2B
2023-06-30 $70.8B
2023-09-30 $65.1B
2023-12-31 $72.5B
2024-03-31 $79.1B
2024-06-30 $81.6B
2024-09-30 $85.7B
2024-12-31 $85.7B
2025-03-31 $80.9B
2025-06-30 $90B
2025-09-30 $97.5B
2025-12-31 $100B
2026-03-31 $94.5B
2026-06-30 $108.6B

Holdings and moves

CompanyShare of portfolioValueSharesChange in shares
NVDANVIDIA Corporation6.45%$7.0bn35.02M−4.5% Reduced
AAPLApple Inc.5.93%$6.4bn22.28M0.0%
MSFTMicrosoft Corporation3.68%$4.0bn10.71M−0.1%
AMZNAmazon3.23%$3.5bn14.70M+0.9% Added
GOOGLAlphabet Inc. (Class A)2.91%$3.2bn8.84M−0.3%
AVGOBroadcom2.37%$2.6bn6.83M+0.1%
MUMicron Technology1.82%$2.0bn1.71M+0.5% Added
METAMeta Platforms1.73%$1.9bn3.33M+1.3% Added
TSLATesla, Inc.1.66%$1.8bn4.27M−0.1%
LLYLilly (Eli)1.34%$1.5bn1.22M+0.2%
AMDAdvanced Micro Devices1.32%$1.4bn2.47M+0.5%
JPMJPMorgan Chase1.23%$1.3bn4.07M−1.5% Reduced
JNJJohnson & Johnson0.87%$943.5m3.71M−0.8% Reduced
INTCIntel0.86%$931.6m6.67M−3.2% Reduced
VVisa Inc.0.81%$879.3m2.56M−0.1%
AMATApplied Materials0.80%$870.2m1.20M−1.7% Reduced
LRCXLam Research0.76%$821.5m1.90M−1.4% Reduced
WMTWalmart0.70%$755.6m6.67M−0.3%
CATCaterpillar Inc.0.69%$747.3m701.8K−0.7% Reduced
CSCOCisco0.65%$706.1m6.01M−0.2%
ABBVAbbVie0.63%$679.4m2.70M+0.7% Added
MAMastercard0.59%$637.5m1.24M−3.5% Reduced
COSTCostco0.58%$631.1m674.6K−1.8% Reduced
KLACKLA Corporation0.55%$599.1m1.99M+888.6% Added
GEGE Aerospace0.55%$594.8m1.59M−1.3% Reduced
BACBank of America0.54%$586.1m10.29M−1.4% Reduced
UNHUnitedHealth Group0.52%$567.4m1.37M+0.7% Added
HDThe Home Depot0.48%$525.7m1.49M−0.8% Reduced
PGProcter & Gamble0.48%$516.9m3.53M−1.6% Reduced
KOThe Coca-Cola Company0.45%$487.5m6.00M−8.1% Reduced
MRKMerck & Co.0.45%$484.7m3.77M−1.7% Reduced
GEVGE Vernova0.45%$483.3m411.4K−1.1% Reduced
NFLXNetflix0.42%$458.9m6.43M−0.2%
GSGoldman Sachs0.42%$455.4m450.2K−1.3% Reduced
CVXChevron Corporation0.40%$432.7m2.61M+17.8% Added
PANWPalo Alto Networks0.39%$417.8m1.23M+3.7% Added
TXNTexas Instruments0.38%$412.3m1.38M+1.0% Added
IBMIBM0.37%$400.5m1.42M+0.2%
RTXRTX Corporation0.36%$389.8m2.05M+0.1%
MRVLMarvell Technology0.35%$385.1m1.29M−0.6% Reduced
WFCWells Fargo0.35%$384.5m4.65M−2.5% Reduced
PLTRPalantir Technologies Inc.0.35%$383.8m3.29M−4.5% Reduced
ORCLOracle Corporation0.35%$382.8m2.61M+0.6% Added
SNDKSandisk0.35%$380.4m167.3K+3.4% Added
MSMorgan Stanley0.34%$374.3m1.79M0.0%
LINLinde plc0.34%$365.7m704.7K+30.1% Added
CCitigroup0.33%$360.2m2.57M−7.6% Reduced
WDCWestern Digital0.31%$338.4m529.8K+1.0% Added
APHAmphenol0.30%$331.6m1.88M+0.3%
STXSeagate Technology0.29%$316.7m328.2K+6.8% Added
GLWCorning Inc.0.28%$308.8m1.21M+5.3% Added
MCDMcDonald's0.28%$302.9m1.12M+0.4%
QCOMQualcomm0.28%$301.3m1.63M−0.7% Reduced
AMGNAmgen0.28%$298.3m823.6K−0.2%
ADIAnalog Devices0.27%$296.3m746.1K−1.1% Reduced
PEPPepsiCo0.26%$285.7m2.11M+0.5%
CRWDCrowdStrike0.26%$283.9m372.0K−1.2% Reduced
TMOThermo Fisher Scientific0.26%$282.7m563.8K−1.4% Reduced
ANETArista Networks0.25%$272.8m1.61M+0.9% Added
VZVerizon0.25%$271.4m6.41M−2.8% Reduced
AXPAmerican Express0.25%$269.4m796.4K−3.6% Reduced
DISThe Walt Disney Company0.24%$261.9m2.72M−0.3%
TJXTJX Companies0.24%$258.8m1.71M+1.2% Added
ETNEaton Corporation0.23%$249.2m584.7K−1.9% Reduced
UNPUnion Pacific Corporation0.23%$247.7m910.7K+7.9% Added
ABTAbbott Laboratories0.23%$246.8m2.72M+1.7% Added
BABoeing0.23%$245.9m1.14M−4.0% Reduced
WELLWelltower0.23%$244.1m1.08M+3.9% Added
GILDGilead Sciences0.22%$241.2m1.91M−0.3%
DEDeere & Company0.22%$234.6m369.8K−4.5% Reduced
SCHWCharles Schwab Corporation0.21%$233.4m2.53M−2.7% Reduced
NEENextEra Energy0.20%$222.2m2.53M−4.3% Reduced
TAT&T0.20%$221.1m10.68M−2.4% Reduced
PFEPfizer0.20%$218.0m9.05M+0.5% Added
BKNGBooking Holdings0.20%$214.7m1.20M+2252.8% Added
BLKBlackRock0.20%$213.8m222.4K+0.6% Added
ISRGIntuitive Surgical0.20%$213.7m537.4K−0.3%
PGRProgressive Corporation0.18%$199.8m914.5K+6.0% Added
UBERUber0.18%$199.5m2.76M−10.7% Reduced
DELLDell Technologies0.18%$198.6m460.3K−4.4% Reduced
CVSCVS Health0.18%$193.3m1.87M−1.1% Reduced
VRTXVertex Pharmaceuticals0.17%$190.5m383.5K+2.7% Added
PLDPrologis0.17%$189.5m1.40M−1.6% Reduced
CRMSalesforce0.17%$188.1m1.20M−14.7% Reduced
SPGIS&P Global0.17%$187.9m461.3K−2.7% Reduced
VRTVertiv0.17%$185.5m554.0K−0.4%
BMYBristol Myers Squibb0.17%$185.3m3.22M−3.1% Reduced
CBChubb Limited0.17%$184.6m541.8K−5.0% Reduced
DHRDanaher Corporation0.17%$184.6m969.0K−0.5%
PHParker Hannifin0.17%$184.2m188.3K−1.3% Reduced
LOWLowe's0.17%$182.9m829.7K−1.1% Reduced
SBUXStarbucks0.17%$179.1m1.75M−0.2%
OBDCBlue Owl Capital Corp0.17%$178.8m16.45M0.0%
APPApplovin Corp0.16%$178.0m345.5K−1.1% Reduced
COFCapital One0.16%$172.7m860.7K−7.2% Reduced
HWMHowmet Aerospace0.15%$163.6m608.5K+5.0% Added
SYKStryker Corporation0.15%$163.4m519.0K−2.7% Reduced
PWRQuanta Services0.15%$163.1m226.6K+2.0% Added
LMTLockheed Martin0.15%$163.0m320.0K−1.7% Reduced
WMBWilliams Companies0.15%$162.6m2.19M+3.1% Added
TTTrane Technologies0.15%$162.0m329.9K−3.1% Reduced
MDTMedtronic0.15%$158.1m2.02M−0.9% Reduced
BNYBNY Mellon0.14%$156.3m1.08M−6.5% Reduced
NEMNewmont0.14%$155.3m1.66M−2.5% Reduced
EQIXEquinix0.14%$155.3m149.0K+7.1% Added
CDNSCadence Design Systems Inc0.14%$155.0m412.9K+1.1% Added
NOWServiceNow0.14%$154.5m1.56M+1.5% Added
PNCPNC Financial Services0.14%$154.2m626.3K+1.2% Added
CMICummins0.14%$148.2m207.8K+0.8% Added
COPConocoPhillips0.14%$147.9m1.42M−0.7% Reduced
SLBSchlumberger0.13%$145.2m3.12M−35.6% Reduced
FTNTFortinet0.13%$145.1m944.5K+1.8% Added
VLOValero Energy0.13%$143.8m552.2K+56.0% Added
USBU.S. Bancorp0.13%$142.6m2.36M−0.8% Reduced
FCXFreeport-McMoRan0.13%$142.2m2.26M+3.9% Added
MCKMcKesson0.13%$141.2m186.9K−2.2% Reduced
ADPAutomatic Data Processing0.13%$141.0m629.5K−0.6% Reduced
CTVACorteva, Inc.0.13%$139.8m1.65M−8.3% Reduced
CMCSAComcast0.13%$139.6m5.69M−2.7% Reduced
CSXCSX Corporation0.13%$136.0m2.86M+10.2% Added
JCIJohnson Controls0.12%$135.0m924.2K−5.2% Reduced
SHWSherwin-Williams0.12%$133.3m387.0K−1.7% Reduced
CMECME Group0.12%$131.2m594.3K−0.1%
BXBlackstone Inc.0.12%$130.4m1.11M+2.9% Added
MMM3M0.12%$130.0m802.9K+2.1% Added
ECLEcolab0.12%$129.3m464.0K−5.7% Reduced
MPCMarathon Petroleum0.12%$128.8m503.8K+44.5% Added
SNOWSnowflake Inc.0.12%$127.3m500.4K+2.3% Added
TMUST-Mobile US0.12%$127.0m756.9K−3.6% Reduced
GDGeneral Dynamics0.12%$126.4m356.9K+0.8% Added
ADBEAdobe Inc.0.12%$125.7m612.9K−2.6% Reduced
SOSouthern Company0.12%$125.6m1.31M+2.8% Added
ELVElevance Health0.11%$124.0m320.7K−3.1% Reduced
BEBloom Energy0.11%$123.5m408.1K+31.3% Added
MRSHMarsh McLennan0.11%$122.7m735.9K+0.8% Added
WMWaste Management0.11%$121.9m546.8K+17.6% Added
SNPSSynopsys Inc0.11%$121.4m272.3K−5.8% Reduced
DDOGDatadog, Inc.0.11%$121.2m465.5K+4.1% Added
BKRBaker Hughes0.11%$120.9m2.18M−29.1% Reduced
MELIMercadolibre Inc0.11%$119.9m70.6K+3.8% Added
OKEOneok0.11%$119.8m1.38M−19.1% Reduced
MDLZMondelez International0.11%$119.0m2.06M+1.1% Added
EMREmerson Electric0.11%$118.8m829.6K−1.6% Reduced
CEGConstellation Energy0.11%$118.7m477.8K+1.3% Added
RCLRoyal Caribbean Group0.11%$118.5m373.2K+8.2% Added
ORLYO'Reilly Automotive0.11%$117.2m1.27M−1.2% Reduced
AMTAmerican Tower0.11%$117.0m715.4K+4.9% Added
ACNAccenture0.11%$116.0m932.4K−0.2%
TERTeradyne0.11%$115.6m238.9K−3.8% Reduced
DUKDuke Energy0.11%$114.7m906.4K+0.5% Added
CompanyBought (value)Shares
KLACKLA Corporation$538.5m1.78M
BKNGBooking Holdings$205.5m1.15M
HONHoneywell Technologies$110.2m492.1K
HONAHoneywell Aerospace$108.8m492.1K
SPCXSpace Exploration Technologies Corp$104.1m609.4K
LINLinde plc$84.5m162.9K
CVXChevron Corporation$65.4m394.3K
FTITechnipFMC plc$60.4m911.6K
VLOValero Energy$51.6m198.1K
CVNACarvana$50.5m766.8K
PEGPublic Service Enterprise Group$42.7m526.7K
CCLCarnival Corporation$42.4m1.48M
MPCMarathon Petroleum$39.6m155.1K
COHRCoherent Corp.$39.3m99.5K
DDDuPont$38.7m285.0K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanySold (value)Shares
NVDANVIDIA Corporation−$333.6m−1.67M
OTFBlue Owl Technology Finance Corp.−$250.6m−20.22M
SLBSchlumberger−$80.4m−1.73M
BKRBaker Hughes−$49.7m−895.1K
ATOAtmos Energy−$48.4m−280.7K
KOThe Coca-Cola Company−$43.2m−531.8K
LLoews Corporation−$32.8m−289.3K
CRMSalesforce−$32.5m−207.2K
INTCIntel−$30.3m−217.2K
CCitigroup−$29.6m−211.3K
OKEOneok−$28.2m−324.9K
RSReliance, Inc.−$25.8m−69.1K
UBERUber−$23.9m−331.9K
SCCOSouthern Copper Corp/−$23.5m−134.6K
MAMastercard−$23.4m−45.5K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

CompanyValue last quarterShares
OTFBlue Owl Technology Finance Corp.$250.6m20.22M
FVRRFiverr International Ltd.$332,13333.1K
LABStandard Biotools Inc.$216,884235.9K
RZLVRezolve AI PLC$30,96612.1K
VTEXVtex$12,1803.0K
BYRNByrna Technologies Inc.$8,996980
NNOXNano-x Imaging Ltd.$8,8213.9K
FATEFate Therapeutics Inc$7,0625.9K
SNWVSanuwave Health, Inc.$6,951402
FNWDFinward Bancorp$6,752186
QSIQuantum-si Inc$6,5798.5K
PNBKPatriot National Bancorp Inc$5,7654.5K
JELDJeld-wen Holding, Inc.$5,7064.6K
SKYXSkyx Platforms Corp.$5,6495.0K
NFENew Fortress Energy Inc.$5,6069.5K
SKINSkinhealth Systems Inc.$5,5076.2K
SPWRSunpower Inc.$5,4834.3K
BOOMDMC Global Inc.$5,4601.0K
CRDFCardiff Oncology, Inc.$5,4353.4K
DERMJourney Medical Corp$5,4081.2K
OPRXOptimizerx Corp$5,369855
KULRKulr Technology Group, Inc.$5,0622.1K
ALDXAldeyra Therapeutics, Inc.$4,9642.9K
CRMTAmericas Carmart Inc$4,901385
SLQTSelectquote, Inc.$4,7837.6K
HCATHealth Catalyst, Inc.$4,6473.7K
ARQArq, Inc.$4,4311.7K
ATYRAtyr Pharma Inc$4,0485.2K
FORRForrester Research, Inc.$3,504619
TMCITreace Medical Concepts, Inc.$3,4572.6K
  • Technology37.9%
  • Financials11.6%
  • Industrials10.6%
  • Health Care9.9%
  • Consumer Discretionary9.7%
  • Communication Services7.1%
  • Consumer Staples4.0%
  • Energy2.6%
  • Materials2.3%
  • Real Estate2.2%
  • Utilities2.1%

Share of the value held in companies we cover, by sector.

PeriodCopy, a yearS&P 500SharpeS&P 500Biggest dropBeta
Whole backtestJuly 26, 2013 to November 2, 2026+13.8%+13.8%0.740.75−32.3%1.02
2018 onwardsJanuary 5, 2018 to November 2, 2026+13.2%+13.9%0.600.65−32.3%1.02
Last three yearsNovember 3, 2023 to November 2, 2026+18.8%+21.8%0.871.05−22.6%0.99
Last yearNovember 7, 2025 to November 2, 2026+13.4%+14.2%0.780.84−9.2%0.98

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.