# CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM

> Institutional holdings reported to the SEC as of Q1 2026 on Form 13F. CIK 1081019. Source: https://holderbook.com/funds/1081019-california-state-teachers-retirement-system/

- Reported value: $94.5B
- Positions: 2,925
- Weight of the ten largest: 33.0%
- Filed: 2026-05-18

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $6.4B | 36,688,762 | 6.8% | 30 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $5.7B | 22,272,610 | 6.0% | 30 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $4.0B | 10,715,663 | 4.2% | 30 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $3.0B | 14,562,158 | 3.2% | 30 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.5B | 8,867,713 | 2.7% | 30 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $2.1B | 6,816,811 | 2.2% | 30 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $2.1B | 7,293,285 | 2.2% | 30 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.9B | 2,956,300 | 2.0% | 2 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $1.9B | 3,291,945 | 2.0% | 30 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $1.6B | 4,278,032 | 1.7% | 30 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.2B | 4,132,836 | 1.3% | 30 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.1B | 1,214,622 | 1.2% | 30 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $992.9M | 2,071,999 | 1.1% | 30 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $915.0M | 3,743,432 | 1.0% | 30 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $831.8M | 6,693,281 | 0.9% | 30 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $829.7M | 4,890,283 | 0.9% | 30 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $775.6M | 2,566,187 | 0.8% | 30 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $684.7M | 687,142 | 0.7% | 30 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $642.9M | 1,286,652 | 0.7% | 30 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $619.0M | 6,438,286 | 0.7% | 30 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $582.9M | 2,680,188 | 0.6% | 30 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $575.9M | 1,704,599 | 0.6% | 30 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $517.7M | 3,583,969 | 0.5% | 30 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $508.8M | 10,437,623 | 0.5% | 30 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $504.0M | 3,445,257 | 0.5% | 20 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $500.7M | 2,461,412 | 0.5% | 30 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $500.4M | 706,389 | 0.5% | 30 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $496.6M | 6,530,473 | 0.5% | 30 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $494.3M | 1,503,048 | 0.5% | 30 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $467.3M | 6,022,626 | 0.5% | 30 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $461.4M | 3,835,612 | 0.5% | 30 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $458.5M | 2,215,894 | 0.5% | 30 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $457.5M | 1,612,065 | 0.5% | 19 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $418.5M | 1,224,298 | 0.4% | 30 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $410.9M | 1,922,942 | 0.4% | 6 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $395.8M | 2,051,858 | 0.4% | 24 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $385.8M | 456,064 | 0.4% | 30 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $382.1M | 2,597,356 | 0.4% | 30 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $380.0M | 4,773,587 | 0.4% | 30 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $366.9M | 1,355,931 | 0.4% | 30 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $363.1M | 415,974 | 0.4% | 8 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $346.9M | 1,116,171 | 0.4% | 30 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $344.7M | 1,421,892 | 0.4% | 30 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $331.0M | 6,593,058 | 0.4% | 30 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $326.1M | 2,100,135 | 0.3% | 30 |
| AT&T INC | [T](https://holderbook.com/stocks/T/) | $317.3M | 10,945,219 | 0.3% | 30 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $315.8M | 2,784,913 | 0.3% | 30 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $304.0M | 6,888,990 | 0.3% | 30 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $295.7M | 200,858 | 0.3% | 30 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $294.7M | 1,790,507 | 0.3% | 30 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $290.3M | 825,116 | 0.3% | 30 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $281.1M | 571,811 | 0.3% | 30 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $274.6M | 2,675,057 | 0.3% | 30 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $269.6M | 1,688,227 | 0.3% | 30 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $268.6M | 541,846 | 0.3% | 13 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $266.8M | 1,914,292 | 0.3% | 30 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $265.8M | 1,369,221 | 0.3% | 30 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $263.0M | 2,728,432 | 0.3% | 30 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $262.8M | 1,407,766 | 0.3% | 30 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $252.9M | 9,005,182 | 0.3% | 30 |
| BLUE OWL TECHNOLOGY FIN CORP | [OTF](https://holderbook.com/stocks/OTF/) | $250.6M | 20,222,455 | 0.3% | 1 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $250.0M | 826,577 | 0.3% | 30 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $249.4M | 4,852,661 | 0.3% | 30 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $248.6M | 539,288 | 0.3% | 30 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $245.7M | 2,645,770 | 0.3% | 30 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $244.2M | 2,598,908 | 0.3% | 30 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $240.1M | 754,564 | 0.3% | 30 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $236.9M | 1,875,034 | 0.3% | 30 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $235.4M | 1,182,774 | 0.2% | 30 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $224.7M | 993,967 | 0.2% | 30 |
| UBER TECHNOLOGIES INC | [UBER](https://holderbook.com/stocks/UBER/) | $222.7M | 3,096,491 | 0.2% | 28 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $218.2M | 387,359 | 0.2% | 30 |
| BOOKING HOLDINGS INC | [BKNG](https://holderbook.com/stocks/BKNG/) | $215.5M | 51,186 | 0.2% | 30 |
| EATON CORP PLC | [ETN](https://holderbook.com/stocks/ETN/) | $213.2M | 596,004 | 0.2% | 30 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $212.5M | 220,947 | 0.2% | 6 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $211.4M | 1,641,686 | 0.2% | 30 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $204.8M | 843,940 | 0.2% | 30 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $204.7M | 1,035,323 | 0.2% | 30 |
| S&P GLOBAL INC | [SPGI](https://holderbook.com/stocks/SPGI/) | $201.7M | 474,227 | 0.2% | 30 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $201.2M | 3,317,201 | 0.2% | 30 |
| LOWES COS INC | [LOW](https://holderbook.com/stocks/LOW/) | $198.2M | 838,648 | 0.2% | 30 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $196.7M | 325,499 | 0.2% | 30 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $195.4M | 1,591,318 | 0.2% | 6 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $189.5M | 1,181,703 | 0.2% | 30 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $189.0M | 1,431,746 | 0.2% | 30 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $187.8M | 1,420,738 | 0.2% | 30 |
| BAKER HUGHES COMPANY | [BKR](https://holderbook.com/stocks/BKR/) | $187.6M | 3,072,684 | 0.2% | 30 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $186.0M | 570,544 | 0.2% | 30 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $185.3M | 934,548 | 0.2% | 30 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $184.6M | 973,686 | 0.2% | 30 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $184.5M | 1,704,667 | 0.2% | 30 |
| INTUIT | [INTU](https://holderbook.com/stocks/INTU/) | $182.9M | 423,113 | 0.2% | 30 |
| BLUE OWL CAPITAL CORPORATION | [OBDC](https://holderbook.com/stocks/OBDC/) | $181.9M | 16,445,728 | 0.2% | 5 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $176.7M | 2,038,830 | 0.2% | 30 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $175.8M | 595,089 | 0.2% | 30 |
| STRYKER CORPORATION | [SYK](https://holderbook.com/stocks/SYK/) | $175.3M | 533,564 | 0.2% | 30 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $171.0M | 862,577 | 0.2% | 30 |
| PARKER-HANNIFIN CORP | [PH](https://holderbook.com/stocks/PH/) | $170.8M | 190,787 | 0.2% | 30 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $169.2M | 927,404 | 0.2% | 30 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $167.9M | 5,848,369 | 0.2% | 30 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2026 | -4.7% | -4.6% | -0.0% | 100% |
| Q4 2025 | +2.1% | +2.4% | -0.3% | 100% |
| Q3 2025 | +7.9% | +7.8% | +0.0% | 100% |
| Q2 2025 | +10.7% | +10.5% | +0.2% | 100% |
| Q1 2025 | -5.1% | -4.6% | -0.5% | 100% |
| Q4 2024 | +2.3% | +2.1% | +0.1% | 100% |
| Q3 2024 | +5.7% | +5.4% | +0.3% | 100% |
| Q2 2024 | +3.1% | +4.0% | -0.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2026 | $94.5B | 2,925 |
| Q4 2025 | $100.0B | 3,052 |
| Q3 2025 | $97.5B | 3,046 |
| Q2 2025 | $90.0B | 2,957 |
| Q1 2025 | $80.9B | 3,055 |
| Q4 2024 | $85.7B | 3,065 |
| Q3 2024 | $85.7B | 3,075 |
| Q2 2024 | $81.6B | 3,085 |
| Q1 2024 | $79.1B | 3,044 |
| Q4 2023 | $72.5B | 3,071 |
| Q3 2023 | $65.1B | 3,100 |
| Q2 2023 | $70.8B | 3,108 |