California State Teachers Retirement System
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), California State Teachers Retirement System reported 3,055 stock positions worth $80.9 billion. Its top holding was Apple (AAPL) at 6.5% of the portfolio, followed by Microsoft (MSFT, 5.1%) and Nvidia (NVDA, 5.1%). Compared with Q4 2024, it opened 21 new positions, sold out of 33, added to 464 and reduced 1,211. The biggest buy was a new position in Blue Owl Capital (OBDC) and the biggest sale Nvidia (NVDA, shares −1%).
- Most Recent 13F
- Q2 2026
- Location
- WEST SACRAMENTO, CA
- CIK
- 0001081019
- Portfolio Value
- $80.9B (Q1 2025)
- SEC Filing
- 0001081019-25-000012 ↗ filed May 15, 2025
Holdings Value
Holdings 3,055 stocks · $80.9B
| AAPL Apple Inc. | 6.45% | 23,496,911 | $5.2B | Reduce -1.2% |
| MSFT Microsoft Corp. | 5.12% | 11,030,138 | $4.1B | Reduce -0.5% |
| NVDA Nvidia Corp. | 5.11% | 38,099,976 | $4.1B | Reduce -0.8% |
| AMZN Amazon.com Inc. | 3.47% | 14,757,578 | $2.8B | Reduce -0.4% |
| META Meta Platforms Inc. Class A | 2.42% | 3,402,717 | $2.0B | Reduce -0.7% |
| GOOGL Alphabet Inc. Class A | 1.75% | 9,170,826 | $1.4B | Reduce -0.8% |
| GOOG Alphabet Inc. Class C | 1.49% | 7,731,374 | $1.2B | Reduce -1.1% |
| TSLA Tesla Inc. | 1.44% | 4,493,611 | $1.2B | Reduce -0.2% |
| AVGO Broadcom Inc. | 1.44% | 6,944,784 | $1.2B | Reduce -0.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.36% | 2,060,202 | $1.1B | Reduce -0.4% |
| JPM JPMorgan Chase & Co. | 1.33% | 4,392,751 | $1.1B | Reduce -1.3% |
| LLY Eli Lilly & Co. | 1.29% | 1,259,420 | $1.0B | Reduce -0.6% |
| V Visa Inc. Class A | 1.17% | 2,698,247 | $945.6M | Add +2.3% |
| UNH Unitedhealth Group Inc. | 0.92% | 1,427,467 | $747.6M | Reduce -0.8% |
| MA Mastercard Inc. Class A | 0.87% | 1,282,254 | $702.8M | Reduce -1.0% |
| COST Costco Wholesale Corp. | 0.82% | 702,842 | $664.7M | Reduce -0.5% |
| JNJ Johnson & Johnson | 0.79% | 3,834,361 | $635.9M | Reduce -0.4% |
| PG The Procter & Gamble Co. | 0.78% | 3,725,556 | $634.9M | Reduce -0.3% |
| NFLX Netflix Inc. | 0.77% | 669,398 | $624.2M | Reduce -0.8% |
| XOM Exxon Mobil Corp. | 0.77% | 5,240,752 | $623.3M | Reduce -1.1% |
| WMT Walmart Inc. | 0.75% | 6,950,835 | $610.2M | Reduce -0.5% |
| ABBV Abbvie Inc. | 0.72% | 2,778,274 | $582.1M | Reduce -0.4% |
| HD Home Depot Inc. | 0.70% | 1,550,441 | $568.2M | Reduce -0.5% |
| KO The Coca-Cola Co. | 0.59% | 6,616,872 | $473.9M | Reduce -0.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.55% | 10,614,939 | $443.0M | Reduce -1.8% |
| CRM Salesforce Inc. | 0.49% | 1,478,094 | $396.7M | Reduce -0.4% |
| CSCO Cisco Systems Inc. | 0.48% | 6,333,372 | $390.8M | Reduce -0.7% |
| WFC Wells Fargo & Co. | 0.46% | 5,133,045 | $368.5M | Reduce -2.9% |
| ABT Abbott Laboratories | 0.45% | 2,747,331 | $364.4M | Reduce -0.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.45% | 1,463,589 | $363.9M | Reduce -0.3% |
| MRK Merck & Co. Inc. | 0.45% | 4,044,610 | $363.0M | Reduce -0.8% |
| ORCL Oracle Corp. | 0.45% | 2,596,460 | $363.0M | Add +0.2% |
| MCD McDonald's Corp. | 0.44% | 1,149,502 | $359.1M | Reduce -0.5% |
| GE General Electric filed as GE AEROSPACE | 0.42% | 1,706,960 | $341.6M | Reduce -0.7% |
| CVX Chevron Corp. | 0.42% | 2,025,849 | $338.9M | Reduce -1.7% |
| PEP Pepsico Inc. | 0.41% | 2,196,737 | $329.4M | Reduce -0.5% |
| T AT&T Inc. | 0.39% | 11,227,695 | $317.5M | Reduce -0.3% |
| ACN Accenture PLC Class A | 0.38% | 975,933 | $304.5M | Reduce -0.7% |
| VZ Verizon Communications Inc. | 0.37% | 6,640,399 | $301.2M | Reduce -0.4% |
| LIN Linde PLC | 0.37% | 642,958 | $299.4M | Reduce -0.4% |
| TMO Thermo Fisher Scientific Inc. | 0.37% | 599,769 | $298.4M | Reduce -0.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.35% | 2,848,598 | $281.2M | Reduce -0.7% |
| RTX RTX Corp. | 0.35% | 2,110,239 | $279.5M | Reduce -0.5% |
| PLTR Palantir Technologies Inc. Class A | 0.34% | 3,234,703 | $273.0M | Add +2.2% |
| ISRG Intuitive Surgical Inc. | 0.34% | 550,706 | $272.7M | Reduce -0.4% |
| QCOM Qualcomm Inc. | 0.33% | 1,759,972 | $270.3M | Reduce -0.9% |
| GS Goldman Sachs Group Inc. | 0.33% | 494,439 | $270.1M | Reduce -1.1% |
| INTU Intuit Inc. | 0.33% | 430,115 | $264.1M | Reduce -0.8% |
| AMGN Amgen Inc. | 0.32% | 842,068 | $262.3M | Reduce -0.3% |
| ADBE Adobe Inc. | 0.32% | 679,378 | $260.6M | Reduce -1.3% |
| AMD Advanced Micro Devices | 0.32% | 2,524,708 | $259.4M | Reduce -0.5% |
| PGR Progressive Corp. | 0.32% | 902,053 | $255.3M | Reduce -0.4% |
| TXN Texas Instruments Inc. | 0.31% | 1,411,174 | $253.6M | Reduce -0.6% |
| SPGI S&P Global Inc. | 0.31% | 494,953 | $251.5M | Reduce -1.1% |
| NOW ServiceNow Inc. | 0.31% | 314,433 | $250.3M | Reduce -0.4% |
| CAT Caterpillar Inc. | 0.31% | 748,599 | $246.9M | Reduce -1.0% |
| BKNG Booking Holdings Inc. | 0.30% | 52,729 | $242.9M | Reduce -1.5% |
| OBDC Blue Owl Capital Corp. | 0.30% | 16,445,728 | $241.1M | New |
| BSX Boston Scientific Corp. | 0.29% | 2,338,562 | $235.9M | Reduce -0.4% |
| AXP American Express Co. | 0.29% | 874,273 | $235.2M | Reduce -1.3% |
| PFE Pfizer Inc. | 0.28% | 9,094,178 | $230.4M | Reduce -0.6% |
| CMCSA Comcast Corp. Class A | 0.28% | 6,103,675 | $225.2M | Reduce -1.2% |
| HON Honeywell International Inc. | 0.28% | 1,050,750 | $222.5M | Reduce -0.3% |
| GILD Gilead Sciences Inc. | 0.27% | 1,976,243 | $221.4M | Reduce -0.4% |
| UBER Uber Technologies Inc. | 0.27% | 3,032,701 | $221.0M | Reduce -0.7% |
| TMUS T-Mobile US Inc. | 0.27% | 824,597 | $219.9M | Reduce -0.9% |
| OKE Oneok Inc. | 0.27% | 2,193,010 | $217.6M | Add +0.5% |
| MS Morgan Stanley | 0.27% | 1,861,901 | $217.2M | Reduce -0.8% |
| UNP Union Pacific Corp. | 0.27% | 919,023 | $217.1M | Reduce -0.9% |
| BLK BlackRock Inc. | 0.27% | 228,470 | $216.2M | Reduce -0.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.27% | 1,766,715 | $215.2M | Reduce -0.8% |
| C Citigroup Inc. | 0.26% | 3,006,900 | $213.5M | Reduce -1.1% |
| DHR Danaher Corp. | 0.26% | 1,024,595 | $210.0M | Reduce -0.3% |
| MRSH Marsh & McLennan Cos | 0.26% | 849,663 | $207.3M | Reduce -1.0% |
| SCHW Schwab (charles) Corp. | 0.26% | 2,643,301 | $206.9M | Add +5.4% |
| ADP Automatic Data Processing | 0.25% | 672,799 | $205.6M | Reduce -0.6% |
| LOW Lowe's Cos Inc. | 0.25% | 875,035 | $204.1M | Reduce -1.0% |
| FISV Fiserv Inc. | 0.25% | 921,477 | $203.5M | Reduce -1.6% |
| BMY Bristol-Myers Squibb Co. | 0.25% | 3,330,851 | $203.1M | Reduce -0.3% |
| BA The Boeing Co. | 0.25% | 1,179,599 | $201.2M | Add +1.4% |
| SYK Stryker Corp. | 0.25% | 538,395 | $200.4M | Reduce -0.7% |
| NEE Nextera Energy Inc. | 0.24% | 2,795,928 | $198.2M | Reduce -0.3% |
| VRTX Vertex Pharmaceuticals Inc. | 0.24% | 398,483 | $193.2M | Reduce -0.6% |
| DE Deere & Co. | 0.23% | 404,024 | $189.6M | Reduce -0.9% |
| AMAT Applied Materials Inc. | 0.23% | 1,302,072 | $189.0M | Reduce -1.9% |
| MDT Medtronic PLC | 0.23% | 2,078,237 | $186.8M | Reduce -0.4% |
| CB Chubb Ltd. | 0.22% | 599,628 | $181.1M | Reduce -1.1% |
| SBUX Starbucks Corp. | 0.22% | 1,808,074 | $177.4M | Reduce -0.7% |
| PANW Palo Alto Networks Inc. | 0.21% | 1,005,054 | $171.5M | Reduce -0.1% |
| ETN Eaton Corp. PLC | 0.21% | 621,719 | $169.0M | Reduce -1.1% |
| PLD Prologis Inc. | 0.20% | 1,475,450 | $164.9M | Reduce -0.8% |
| COP Conocophillips | 0.20% | 1,540,657 | $161.8M | Reduce -1.0% |
| ADI Analog Devices Inc. | 0.20% | 786,426 | $158.6M | Reduce -0.7% |
| AMT American Tower Corp. | 0.19% | 723,229 | $157.4M | Reduce -0.5% |
| ICE Intercontinental Exchange Inc. | 0.19% | 911,865 | $157.3M | Reduce -0.6% |
| CME Cme Group Inc. | 0.19% | 591,508 | $156.9M | Reduce -0.5% |
| ELV Elevance Health Inc. | 0.19% | 360,582 | $156.8M | Reduce -0.6% |
| INTC Intel Corp. | 0.19% | 6,817,029 | $154.8M | Reduce -0.3% |
| BX Blackstone Inc. | 0.19% | 1,107,330 | $154.8M | Reduce -0.3% |
| LMT Lockheed Martin Corp. | 0.19% | 341,568 | $152.6M | Reduce -1.1% |
Portfolio Sells Q4 2024 → Q1 2025
| NVDA Nvidia Corp. | Reduce -0.8% | 5.11% | −0.92 |
| TSLA Tesla Inc. | Reduce -0.2% | 1.44% | −0.68 |
| AAPL Apple Inc. | Reduce -1.2% | 6.45% | −0.50 |
| AVGO Broadcom Inc. | Reduce -0.2% | 1.44% | −0.45 |
| MSFT Microsoft Corp. | Reduce -0.5% | 5.12% | −0.34 |
| AMZN Amazon.com Inc. | Reduce -0.4% | 3.47% | −0.32 |
| GOOGL Alphabet Inc. Class A | Reduce -0.8% | 1.75% | −0.29 |
| GOOG Alphabet Inc. Class C | Reduce -1.1% | 1.49% | −0.25 |
| OBDE Blue Owl Capital Corp. III | Sold out | 0.00% | −0.19 |
| CRM Salesforce Inc. | Reduce -0.4% | 0.49% | −0.09 |
| NOW ServiceNow Inc. | Reduce -0.4% | 0.31% | −0.08 |
| MRVL Marvell Technology Inc. | Reduce -0.7% | 0.10% | −0.07 |
| ANET Arista Networks Inc. | Reduce -0.9% | 0.16% | −0.06 |
| TTD Trade Desk Inc./the Class A | Reduce -1.1% | 0.05% | −0.05 |
| AMD Advanced Micro Devices | Reduce -0.5% | 0.32% | −0.04 |
| ADBE Adobe Inc. | Reduce -1.3% | 0.32% | −0.04 |
| ETN Eaton Corp. PLC | Reduce -1.1% | 0.21% | −0.03 |
| BX Blackstone Inc. | Reduce -0.3% | 0.19% | −0.03 |
| PYPL PayPal Holdings Inc. | Reduce -2.1% | 0.12% | −0.03 |
| KKR KKR & Co. Inc. | Reduce -0.7% | 0.13% | −0.03 |
| ACN Accenture PLC Class A | Reduce -0.7% | 0.38% | −0.03 |
| XYZ Block Inc. | Reduce -0.1% | 0.06% | −0.03 |
| DIS The Walt Disney Co. | Reduce -0.7% | 0.35% | −0.03 |
| MRK Merck & Co. Inc. | Reduce -0.8% | 0.45% | −0.02 |
| TGT Target Corp. | Reduce -0.1% | 0.10% | −0.02 |
| NKE Nike Inc. Class B | Reduce -1.1% | 0.15% | −0.02 |
| EIX Edison International | Reduce -1.3% | 0.06% | −0.02 |
| DDOG Datadog Inc. Class A | Reduce -0.8% | 0.05% | −0.02 |
| CMG Chipotle Mexican Grill Inc. | Reduce -0.5% | 0.13% | −0.02 |
| AMAT Applied Materials Inc. | Reduce -1.9% | 0.23% | −0.02 |
| LULU Lululemon Athletica Inc. | Reduce -1.1% | 0.06% | −0.02 |
| APP AppLovin Corp. Class A | Reduce -0.3% | 0.11% | −0.02 |
| APO Apollo Global Management Inc. | Reduce -1.8% | 0.10% | −0.02 |
| AXP American Express Co. | Reduce -1.3% | 0.29% | −0.02 |
| CDNS Cadence Design SYS Inc. | Reduce -0.4% | 0.13% | −0.02 |
| DHR Danaher Corp. | Reduce -0.3% | 0.26% | −0.02 |
| CAT Caterpillar Inc. | Reduce -1.0% | 0.31% | −0.02 |
| AZPN Aspen Technology Inc. | Sold out | 0.00% | −0.01 |
| DLR Digital Realty Trust Inc. | Reduce -0.4% | 0.08% | −0.01 |
| ON On Semiconductor | Reduce -0.6% | 0.03% | −0.01 |
| HPE Hewlett Packard Enterprise | Reduce -0.8% | 0.04% | −0.01 |
| PWR Quanta Services Inc. | Reduce -0.1% | 0.07% | −0.01 |
| SRE Sempra | Reduce -0.0% | 0.07% | −0.01 |
| UPS United Parcel Service Class B | Reduce -0.3% | 0.13% | −0.01 |
| BKNG Booking Holdings Inc. | Reduce -1.5% | 0.30% | −0.01 |
| STZ Constellation Brands Inc. Class A | Reduce -1.1% | 0.07% | −0.01 |
| MAR Marriott International Class A | Reduce -1.1% | 0.08% | −0.01 |
| LW Lamb Weston Holdings Inc. | Reduce -45.1% | 0.01% | −0.01 |
| ROST Ross Stores Inc. | Reduce -0.2% | 0.08% | −0.01 |
| GM General Motors Co. | Reduce -2.5% | 0.10% | −0.01 |
Portfolio Buys Q4 2024 → Q1 2025
| OBDC Blue Owl Capital Corp. | New | 0.30% | +0.30 |
| V Visa Inc. Class A | Add +2.3% | 1.17% | +0.20 |
| PLTR Palantir Technologies Inc. Class A | Add +2.2% | 0.34% | +0.06 |
| SCHW Schwab (charles) Corp. | Add +5.4% | 0.26% | +0.04 |
| SPOT Spotify Technology SA | Add +3.3% | 0.13% | +0.03 |
| DASH DoorDash Inc. Class A | Add +8.6% | 0.12% | +0.02 |
| MSTR Strategy Inc. | Add +17.9% | 0.12% | +0.02 |
| DUK Duke Energy Corp. | Add +0.0% | 0.14% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +3.3% | 0.16% | +0.02 |
| EXC Exelon Corp. | Add +0.6% | 0.08% | +0.02 |
| SE Sea Ltd.-ADR | Add +2.5% | 0.07% | +0.02 |
| IP International Paper Co. | Add +50.7% | 0.04% | +0.01 |
| CAH Cardinal Health Inc. | Add +0.3% | 0.07% | +0.01 |
| OKE Oneok Inc. | Add +0.5% | 0.27% | +0.01 |
| WCN Waste Connections Inc. | Add +1.4% | 0.07% | +0.01 |
| KDP Keurig Dr Pepper Inc. | Add +3.4% | 0.09% | +0.01 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +0.6% | 0.07% | +0.01 |
| CSGP Costar Group Inc. | Add +2.3% | 0.07% | +0.01 |
| HOOD Robinhood Markets Inc. Class A | Add +10.0% | 0.05% | +0.01 |
| KR Kroger Co. | Add +0.3% | 0.07% | +0.01 |
| OKTA Okta Inc. | Add +3.2% | 0.03% | +0.01 |
| VEEV Veeva Systems Inc. Class A | Add +0.3% | 0.07% | +0.01 |
| CBOE Cboe Global Markets Inc. | Add +0.1% | 0.05% | +0.01 |
| ROOT Root Inc./Oh Class A | Add +751.6% | 0.01% | +0.01 |
| VTR Ventas Inc. | Add +1.3% | 0.05% | +0.01 |
| WRB WR Berkley Corp. | Add +3.2% | 0.04% | +0.01 |
| BA The Boeing Co. | Add +1.4% | 0.25% | +0.01 |
| EQT Eqt Corp. | Add +0.1% | 0.04% | +0.01 |
| DTE DTE Energy Company | Add +0.7% | 0.04% | +0.01 |
| CORT Corcept Therapeutics Inc. | Add +3.6% | 0.01% | +0.01 |
| OXY Occidental Petroleum Corp. | Add +10.3% | 0.05% | +0.01 |
| SSNC Ss&c Technologies Holdings | Add +1.4% | 0.05% | +0.01 |
| UAL United Airlines Holdings Inc. | Add +379.2% | 0.01% | +0.01 |
| XEL Xcel Energy Inc. | Add +2.3% | 0.06% | +0.01 |
| APD Air Products & Chemicals Inc. | Add +0.0% | 0.10% | +0.01 |
| DRI Darden Restaurants Inc. | Add +0.5% | 0.04% | +0.01 |
| D Dominion Energy Inc. | Add +0.3% | 0.07% | +0.01 |
| ZS Zscaler Inc. | Add +7.7% | 0.03% | +0.01 |
| NET Cloudflare Inc. Class A | Add +0.2% | 0.06% | +0.01 |
| ITCI Intra-Cellular Therapies Inc. | Add +2.9% | 0.01% | +0.01 |
| CNP Centerpoint Energy Inc. | Add +0.8% | 0.03% | +0.01 |
| SBAC SBA Communications Corp. | Add +0.4% | 0.05% | +0.01 |
| DVN Devon Energy Corp. | Add +0.3% | 0.03% | +0.01 |
| NTNX Nutanix Inc. Class A | Add +1.3% | 0.03% | +0.01 |
| CHD Church & Dwight Co. Inc. | Add +0.7% | 0.06% | +0.01 |
| SMCI Super Micro Computer Inc. | Add +0.3% | 0.04% | +0.01 |
| DG Dollar General Corp. | Add +0.6% | 0.03% | +0.01 |
| NTRA Natera Inc. | Add +36.3% | 0.03% | +0.01 |
| EXE Expand Energy Corp. | Add +1.3% | 0.03% | +0.01 |
| NN Nextnav Inc. | Add +768.0% | 0.01% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 3,002 | $108.6B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 2,925 | $94.5B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 3,051 | $100.0B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 3,046 | $97.5B | NVDA, AAPL, MSFT, AMZN, META |
| Q2 2025 | 2,957 | $90.0B | NVDA, MSFT, AAPL, AMZN, META |
| Q1 2025 | 3,055 | $80.9B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024Amended | 3,065 | $85.7B | AAPL, NVDA, MSFT, AMZN, META |
| Q3 2024Amended | 3,075 | $85.7B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024Amended | 3,086 | $81.6B | MSFT, AAPL, NVDA, AMZN, META |
| Q1 2024 | 3,045 | $79.1B | MSFT, AAPL, NVDA, AMZN, META |