# COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1083190. Source: https://holderbook.com/funds/1083190-commonwealth-of-pennsylvania-public-school-empls-retrmt-sys/

- Reported value: $20.6B
- Positions: 1,759
- Weight of the ten largest: 27.1%
- Filed: 2026-07-17

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/) | $1.1B | 5,349,657 | 5.2% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $938.7M | 3,244,038 | 4.6% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $612.0M | 1,640,740 | 3.0% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $515.3M | 2,162,118 | 2.5% | 31 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $470.0M | 5,673,188 | 2.3% | 2 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $466.0M | 2,190,114 | 2.3% | 13 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $462.8M | 1,295,126 | 2.2% | 28 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $395.0M | 1,045,760 | 1.9% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $368.9M | 1,043,934 | 1.8% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $287.5M | 249,086 | 1.4% | 31 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $281.8M | 3,211,002 | 1.4% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $273.2M | 485,047 | 1.3% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $269.2M | 360,431 | 1.3% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $261.5M | 621,824 | 1.3% | 26 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $229.2M | 842,636 | 1.1% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $209.6M | 174,724 | 1.0% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $209.2M | 360,155 | 1.0% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $202.6M | 404,932 | 1.0% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $193.7M | 591,831 | 0.9% | 31 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $171.9M | 1,796,076 | 0.8% | 31 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $157.0M | 1,240,257 | 0.8% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $145.7M | 1,043,501 | 0.7% | 31 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $138.8M | 848,826 | 0.7% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $135.0M | 531,689 | 0.7% | 31 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $127.7M | 933,494 | 0.6% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $126.7M | 175,287 | 0.6% | 31 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $126.2M | 2,654,308 | 0.6% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $125.2M | 915,506 | 0.6% | 31 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $122.2M | 901,867 | 0.6% | 31 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $119.7M | 276,217 | 0.6% | 7 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $108.3M | 101,732 | 0.5% | 31 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $102.5M | 872,424 | 0.5% | 31 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $101.3M | 97,225 | 0.5% | 31 |
| NORFOLK SOUTHN CORP | [NSC](https://holderbook.com/stocks/NSC/) | $101.3M | 321,969 | 0.5% | 31 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $98.2M | 390,237 | 0.5% | 31 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $96.5M | 1,040,686 | 0.5% | 31 |
| DOMINION ENERGY INC | [D](https://holderbook.com/stocks/D/) | $95.6M | 1,400,503 | 0.5% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $91.7M | 97,991 | 0.4% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $91.5M | 178,216 | 0.4% | 31 |
| KINDER MORGAN INC DEL | [KMI](https://holderbook.com/stocks/KMI/) | $91.0M | 2,847,967 | 0.4% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $87.0M | 288,522 | 0.4% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $86.1M | 230,444 | 0.4% | 20 |
| ENTERGY CORP NEW | [ETR](https://holderbook.com/stocks/ETR/) | $83.6M | 728,275 | 0.4% | 31 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $83.4M | 200,584 | 0.4% | 31 |
| TARGA RES CORP | [TRGP](https://holderbook.com/stocks/TRGP/) | $82.8M | 308,904 | 0.4% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $82.2M | 1,442,049 | 0.4% | 31 |
| ONEOK INC NEW | [OKE](https://holderbook.com/stocks/OKE/) | $79.5M | 914,870 | 0.4% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $77.6M | 219,996 | 0.4% | 31 |
| EXELON CORP | [EXC](https://holderbook.com/stocks/EXC/) | $76.0M | 1,630,814 | 0.4% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $75.4M | 514,324 | 0.4% | 31 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $74.4M | 32,709 | 0.4% | 6 |
| PUBLIC SVC ENTERPRISE GROUP | [PEG](https://holderbook.com/stocks/PEG/) | $70.2M | 864,903 | 0.3% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $70.1M | 545,517 | 0.3% | 31 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $69.7M | 59,353 | 0.3% | 9 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $69.5M | 855,271 | 0.3% | 31 |
| SIMON PPTY GROUP INC NEW | [SPG](https://holderbook.com/stocks/SPG/) | $69.4M | 310,277 | 0.3% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $68.5M | 413,497 | 0.3% | 31 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $66.4M | 930,051 | 0.3% | 31 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $65.9M | 65,159 | 0.3% | 31 |
| CROWN CASTLE INC | [CCI](https://holderbook.com/stocks/CCI/) | $65.8M | 869,134 | 0.3% | 31 |
| CONSOLIDATED EDISON INC | [ED](https://holderbook.com/stocks/ED/) | $64.9M | 586,730 | 0.3% | 31 |
| PG&E CORP | [PCG](https://holderbook.com/stocks/PCG/) | $64.3M | 3,821,622 | 0.3% | 22 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $62.3M | 344,243 | 0.3% | 31 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $61.3M | 256,361 | 0.3% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $61.1M | 179,128 | 0.3% | 13 |
| DIGITAL RLTY TR INC | [DLR](https://holderbook.com/stocks/DLR/) | $60.0M | 334,005 | 0.3% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $59.9M | 201,015 | 0.3% | 31 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $59.2M | 507,140 | 0.3% | 8 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $58.4M | 207,595 | 0.3% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $57.6M | 193,386 | 0.3% | 1 |
| AMEREN CORP | [AEE](https://holderbook.com/stocks/AEE/) | $56.9M | 503,214 | 0.3% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $56.4M | 297,446 | 0.3% | 25 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $55.9M | 902,922 | 0.3% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $55.3M | 264,768 | 0.3% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $54.9M | 374,792 | 0.3% | 31 |
| LINDE PLC | [LIN](https://holderbook.com/stocks/LIN/) | $53.0M | 102,120 | 0.3% | 14 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $52.7M | 376,716 | 0.3% | 31 |
| ATMOS ENERGY CORP | [ATO](https://holderbook.com/stocks/ATO/) | $49.7M | 288,789 | 0.2% | 31 |
| EDISON INTL | [EIX](https://holderbook.com/stocks/EIX/) | $48.9M | 656,640 | 0.2% | 31 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $48.7M | 196,207 | 0.2% | 18 |
| PUBLIC STORAGE | [PSA](https://holderbook.com/stocks/PSA/) | $48.7M | 152,908 | 0.2% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $47.9M | 271,725 | 0.2% | 31 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $47.8M | 49,526 | 0.2% | 21 |
| ISHARES INC | [EWJ](https://holderbook.com/stocks/EWJ/) | $46.6M | 500,000 | 0.2% | 5 |
| CENTERPOINT ENERGY INC | [CNP](https://holderbook.com/stocks/CNP/) | $45.8M | 1,041,064 | 0.2% | 31 |
| SBA COMMUNICATIONS CORP | [SBAC](https://holderbook.com/stocks/SBAC/) | $44.8M | 254,001 | 0.2% | 31 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $44.2M | 172,983 | 0.2% | 31 |
| PPL CORP | [PPL](https://holderbook.com/stocks/PPL/) | $43.5M | 1,197,891 | 0.2% | 31 |
| EVERSOURCE ENERGY | [ES](https://holderbook.com/stocks/ES/) | $43.3M | 598,567 | 0.2% | 31 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $43.2M | 119,207 | 0.2% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $43.0M | 232,800 | 0.2% | 31 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $42.9M | 56,220 | 0.2% | 9 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $42.8M | 107,830 | 0.2% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $42.4M | 156,931 | 0.2% | 31 |
| VENTAS INC | [VTR](https://holderbook.com/stocks/VTR/) | $41.7M | 469,056 | 0.2% | 31 |
| FIRSTENERGY CORP | [FE](https://holderbook.com/stocks/FE/) | $41.3M | 869,128 | 0.2% | 31 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $41.2M | 82,081 | 0.2% | 31 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $40.9M | 301,882 | 0.2% | 31 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $40.8M | 310,245 | 0.2% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $39.8M | 117,552 | 0.2% | 31 |

## 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 |
|---|---|---|---|---|
| Q2 2026 | +12.1% | +14.8% | -2.8% | 100% |
| Q1 2026 | -1.5% | -4.6% | +3.1% | 100% |
| Q4 2025 | +1.2% | +2.4% | -1.2% | 99% |
| Q3 2025 | +6.8% | +7.8% | -1.1% | 101% |
| Q2 2025 | +7.5% | +10.5% | -2.9% | 100% |
| Q1 2025 | -2.4% | -4.6% | +2.2% | 100% |
| Q4 2024 | +0.2% | +2.1% | -2.0% | 100% |
| Q3 2024 | +7.4% | +5.4% | +2.0% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $20.6B | 1,759 |
| Q1 2026 | $19.6B | 1,755 |
| Q4 2025 | $19.7B | 1,719 |
| Q3 2025 | $19.9B | 1,698 |
| Q2 2025 | $18.9B | 1,646 |
| Q1 2025 | $16.9B | 1,620 |
| Q4 2024 | $16.1B | 1,607 |
| Q3 2024 | $15.8B | 1,585 |
| Q2 2024 | $15.1B | 1,552 |
| Q1 2024 | $14.6B | 1,535 |
| Q4 2023 | $13.8B | 1,523 |
| Q3 2023 | $12.1B | 1,622 |