New York State Common Retirement Fund
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 3, 2025), New York State Common Retirement Fund reported 3,179 stock positions worth $77.3 billion. Its top holding was Nvidia (NVDA) at 6.6% of the portfolio, followed by Microsoft (MSFT, 6.2%) and Apple (AAPL, 5.9%). Compared with Q2 2025, it opened 55 new positions, sold out of 71, added to 810 and reduced 959. The biggest buy was Taiwan Semiconductor-SP ADR (TSM, shares +15%) and the biggest sale Microsoft (MSFT, shares −5%).
- Most Recent 13F
- Q2 2026
- Location
- ALBANY, NY
- CIK
- 0000810265
- Portfolio Value
- $77.3B (Q3 2025)
- SEC Filing
- 0000810265-25-000025 ↗ filed Nov 3, 2025
Holdings Value
Holdings 3,179 stocks · $77.3B
| NVDA Nvidia Corp. | 6.58% | 27,265,028 | $5.1B | Reduce -5.4% |
| MSFT Microsoft Corp. | 6.20% | 9,245,064 | $4.8B | Reduce -5.3% |
| AAPL Apple Inc. | 5.87% | 17,816,949 | $4.5B | Reduce -5.0% |
| AMZN Amazon.com Inc. | 3.47% | 12,213,277 | $2.7B | Reduce -0.9% |
| META Meta Platforms Inc. Class A | 2.44% | 2,569,591 | $1.9B | Reduce -5.6% |
| GOOGL Alphabet Inc. Class A | 2.34% | 7,445,480 | $1.8B | Reduce -1.1% |
| AVGO Broadcom Inc. | 2.28% | 5,349,259 | $1.8B | Reduce -4.9% |
| GOOG Alphabet Inc. Class C | 1.88% | 5,961,677 | $1.5B | Reduce -3.7% |
| TSLA Tesla Inc. | 1.84% | 3,189,883 | $1.4B | Reduce -4.4% |
| JPM JPMorgan Chase & Co. | 1.36% | 3,335,036 | $1.1B | Reduce -6.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.28% | 1,970,807 | $990.8M | Reduce -5.7% |
| V Visa Inc. Class A | 0.94% | 2,139,288 | $730.3M | Reduce -4.6% |
| LLY Eli Lilly & Co. | 0.91% | 925,843 | $706.4M | Reduce -8.3% |
| NFLX Netflix Inc. | 0.81% | 522,832 | $626.8M | Reduce -7.0% |
| MA Mastercard Inc. Class A | 0.74% | 1,009,234 | $574.1M | Reduce -6.6% |
| ORCL Oracle Corp. | 0.72% | 1,991,552 | $560.1M | Reduce -4.1% |
| JNJ Johnson & Johnson | 0.72% | 2,997,931 | $555.9M | Reduce -4.9% |
| WMT Walmart Inc. | 0.67% | 5,012,580 | $516.6M | Reduce -6.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.67% | 9,984,577 | $515.1M | Reduce -4.5% |
| COST Costco Wholesale Corp. | 0.62% | 517,488 | $479.0M | Reduce -7.6% |
| ABBV Abbvie Inc. | 0.62% | 2,059,670 | $476.9M | Reduce -5.9% |
| XOM Exxon Mobil Corp. | 0.61% | 4,179,503 | $471.2M | Reduce -9.2% |
| HD Home Depot Inc. | 0.60% | 1,153,175 | $467.3M | Reduce -5.2% |
| PG The Procter & Gamble Co. | 0.57% | 2,870,807 | $441.1M | Reduce -2.3% |
| PLTR Palantir Technologies Inc. Class A | 0.57% | 2,396,230 | $437.1M | Reduce -4.2% |
| UNH Unitedhealth Group Inc. | 0.53% | 1,190,465 | $411.1M | Reduce -1.1% |
| TSM Taiwan Semiconductor-SP ADR | 0.52% | 1,444,614 | $403.5M | Add +14.7% |
| GE General Electric filed as GE AEROSPACE | 0.50% | 1,285,103 | $386.6M | Reduce -8.1% |
| WFC Wells Fargo & Co. | 0.48% | 4,386,102 | $367.6M | Reduce -6.8% |
| AMD Advanced Micro Devices | 0.44% | 2,110,500 | $341.5M | Reduce -5.8% |
| CSCO Cisco Systems Inc. | 0.43% | 4,857,423 | $332.3M | Reduce -6.8% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.42% | 1,153,231 | $325.4M | Reduce -4.4% |
| C Citigroup Inc. | 0.41% | 3,124,697 | $317.2M | Reduce -11.4% |
| KO The Coca-Cola Co. | 0.40% | 4,680,101 | $310.4M | Reduce -7.1% |
| MRK Merck & Co. Inc. | 0.40% | 3,667,999 | $307.9M | Add +1.3% |
| GS Goldman Sachs Group Inc. | 0.39% | 383,012 | $305.0M | Reduce -8.1% |
| CVX Chevron Corp. | 0.38% | 1,894,470 | $294.2M | Add +10.2% |
| PM Philip Morris International | 0.37% | 1,757,400 | $285.1M | Reduce -6.4% |
| CAT Caterpillar Inc. | 0.36% | 582,786 | $278.1M | Reduce -0.6% |
| RTX RTX Corp. | 0.36% | 1,651,733 | $276.4M | Reduce -4.7% |
| ABT Abbott Laboratories | 0.35% | 2,032,443 | $272.2M | Reduce -5.5% |
| CRM Salesforce Inc. | 0.35% | 1,135,862 | $269.2M | Reduce -5.5% |
| MCD McDonald's Corp. | 0.34% | 857,513 | $260.6M | Reduce -7.7% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.33% | 2,222,727 | $254.5M | Reduce -5.1% |
| MS Morgan Stanley | 0.32% | 1,570,255 | $249.6M | Add +3.8% |
| LIN Linde PLC | 0.32% | 524,979 | $249.4M | Reduce -8.2% |
| UBER Uber Technologies Inc. | 0.31% | 2,452,303 | $240.3M | Reduce -6.7% |
| TMO Thermo Fisher Scientific Inc. | 0.31% | 491,917 | $238.6M | Add +0.4% |
| T AT&T Inc. | 0.30% | 8,332,577 | $235.3M | Reduce -5.0% |
| APP AppLovin Corp. Class A | 0.30% | 321,094 | $230.7M | Reduce -7.3% |
| PEP Pepsico Inc. | 0.30% | 1,640,712 | $230.4M | Reduce -6.3% |
| MU Micron Technology Inc. | 0.30% | 1,363,993 | $228.2M | Reduce -9.8% |
| ETN Eaton Corp. PLC | 0.29% | 604,138 | $226.1M | Reduce -4.4% |
| BKNG Booking Holdings Inc. | 0.29% | 41,726 | $225.3M | Reduce -6.1% |
| BLK BlackRock Inc. | 0.29% | 191,442 | $223.2M | Reduce -6.5% |
| NOW ServiceNow Inc. | 0.29% | 240,997 | $221.8M | Reduce -7.3% |
| QCOM Qualcomm Inc. | 0.29% | 1,325,783 | $220.6M | Reduce -7.6% |
| INTU Intuit Inc. | 0.28% | 318,231 | $217.3M | Reduce -5.5% |
| VZ Verizon Communications Inc. | 0.27% | 4,827,673 | $212.2M | Reduce -6.5% |
| AMAT Applied Materials Inc. | 0.27% | 1,031,105 | $211.1M | Reduce -4.3% |
| BA The Boeing Co. | 0.27% | 973,702 | $210.2M | Reduce -4.0% |
| PFE Pfizer Inc. | 0.27% | 8,224,301 | $209.6M | Reduce -5.3% |
| AXP American Express Co. | 0.27% | 625,625 | $207.8M | Reduce -6.2% |
| LRCX Lam Research Corp. | 0.27% | 1,533,945 | $205.4M | Reduce -4.7% |
| GEV GE Vernova Inc. | 0.26% | 326,008 | $200.5M | Reduce -6.8% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.26% | 1,374,877 | $198.7M | Reduce -7.1% |
| APH Amphenol Corp. Class A | 0.26% | 1,596,470 | $197.6M | Reduce -0.9% |
| ANET Arista Networks Inc. | 0.26% | 1,354,111 | $197.3M | Add +5.5% |
| TXN Texas Instruments Inc. | 0.25% | 1,043,646 | $191.7M | Reduce -10.4% |
| SPGI S&P Global Inc. | 0.25% | 390,375 | $190.0M | Reduce -4.8% |
| ADBE Adobe Inc. | 0.25% | 537,682 | $189.7M | Reduce -5.1% |
| NEE Nextera Energy Inc. | 0.24% | 2,503,797 | $189.0M | Reduce -10.5% |
| SCHW Schwab (charles) Corp. | 0.24% | 1,972,536 | $188.3M | Reduce -18.9% |
| BSX Boston Scientific Corp. | 0.24% | 1,923,521 | $187.8M | Reduce -7.7% |
| ISRG Intuitive Surgical Inc. | 0.24% | 419,138 | $187.5M | Reduce -7.8% |
| ACN Accenture PLC Class A | 0.24% | 750,522 | $185.1M | Reduce -5.5% |
| CB Chubb Ltd. | 0.24% | 647,806 | $182.8M | Reduce -4.4% |
| SPOT Spotify Technology SA | 0.23% | 255,139 | $178.1M | Add +14.0% |
| AMGN Amgen Inc. | 0.23% | 625,139 | $176.4M | Reduce -6.0% |
| LOW Lowe's Cos Inc. | 0.23% | 694,489 | $174.5M | Reduce -5.0% |
| SNPS Synopsys Inc. | 0.23% | 353,132 | $174.2M | Add +12.4% |
| PGR Progressive Corp. | 0.22% | 701,442 | $173.2M | Reduce -4.8% |
| KLAC KLA Corp. | 0.22% | 159,714 | $172.3M | Reduce -0.9% |
| INTC Intel Corp. | 0.22% | 5,050,573 | $169.4M | Reduce -4.1% |
| CEG Constellation Energy | 0.22% | 508,092 | $167.2M | Add +20.7% |
| HON Honeywell International Inc. | 0.21% | 786,903 | $165.6M | Reduce -7.4% |
| CMCSA Comcast Corp. Class A | 0.21% | 5,221,642 | $164.1M | Reduce -6.4% |
| GILD Gilead Sciences Inc. | 0.21% | 1,472,917 | $163.5M | Reduce -5.7% |
| PANW Palo Alto Networks Inc. | 0.21% | 784,292 | $159.7M | Reduce -4.3% |
| DHR Danaher Corp. | 0.20% | 796,185 | $157.9M | Reduce -6.0% |
| SYK Stryker Corp. | 0.20% | 425,337 | $157.2M | Reduce -5.8% |
| ADI Analog Devices Inc. | 0.20% | 633,133 | $155.6M | Reduce -9.2% |
| COF Capital One Financial Corp. | 0.20% | 730,423 | $155.3M | Reduce -6.0% |
| UNP Union Pacific Corp. | 0.20% | 644,542 | $152.4M | Reduce -6.5% |
| BX Blackstone Inc. | 0.20% | 886,134 | $151.4M | Reduce -0.5% |
| MCK McKesson Corp. | 0.19% | 194,912 | $150.6M | Reduce -3.8% |
| TT Trane Technologies PLC | 0.19% | 353,989 | $149.4M | Reduce -3.1% |
| CI The Cigna Group | 0.19% | 507,798 | $146.4M | Add +4.3% |
| ADP Automatic Data Processing | 0.19% | 498,011 | $146.2M | Reduce -3.3% |
| CME Cme Group Inc. | 0.19% | 538,126 | $145.4M | Add +4.7% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $37.7M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | 16,846 | $21.6M | Add +6.6% |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | 13,065 | $16.1M | Reduce -31.6% |
| MPTI.WS M-Tron Industries Inc. -28 | *W EXP 04/25/202 | 24,800 | $43K | No change |
Total filed on the 13F, all lines: $77.3B.
Portfolio Sells Q2 2025 → Q3 2025
| MSFT Microsoft Corp. | Reduce -5.3% | 6.20% | −0.26 |
| META Meta Platforms Inc. Class A | Reduce -5.6% | 2.44% | −0.23 |
| NFLX Netflix Inc. | Reduce -7.0% | 0.81% | −0.19 |
| LLY Eli Lilly & Co. | Reduce -8.3% | 0.91% | −0.13 |
| AMZN Amazon.com Inc. | Reduce -0.9% | 3.47% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -7.6% | 0.62% | −0.12 |
| V Visa Inc. Class A | Reduce -4.6% | 0.94% | −0.12 |
| CRM Salesforce Inc. | Reduce -5.5% | 0.35% | −0.09 |
| ISRG Intuitive Surgical Inc. | Reduce -7.8% | 0.24% | −0.09 |
| PM Philip Morris International | Reduce -6.4% | 0.37% | −0.09 |
| ANSS Ansys Inc. | Sold out | 0.00% | −0.08 |
| ACN Accenture PLC Class A | Reduce -5.5% | 0.24% | −0.08 |
| TXN Texas Instruments Inc. | Reduce -10.4% | 0.25% | −0.07 |
| KO The Coca-Cola Co. | Reduce -7.1% | 0.40% | −0.07 |
| INTU Intuit Inc. | Reduce -5.5% | 0.28% | −0.07 |
| DE Deere & Co. | Reduce -16.8% | 0.19% | −0.07 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -5.7% | 1.28% | −0.07 |
| NOW ServiceNow Inc. | Reduce -7.3% | 0.29% | −0.07 |
| GWRE Guidewire Software Inc. | Reduce -57.5% | 0.05% | −0.07 |
| TYL Tyler Technologies Inc. | Reduce -59.9% | 0.04% | −0.07 |
| MA Mastercard Inc. Class A | Reduce -6.6% | 0.74% | −0.07 |
| VEEV Veeva Systems Inc. Class A | Reduce -68.2% | 0.03% | −0.07 |
| RGEN Repligen Corp. | Reduce -59.2% | 0.04% | −0.06 |
| DIS The Walt Disney Co. | Reduce -5.1% | 0.33% | −0.06 |
| CMG Chipotle Mexican Grill Inc. | Reduce -13.3% | 0.08% | −0.06 |
| BSX Boston Scientific Corp. | Reduce -7.7% | 0.24% | −0.05 |
| CL Colgate-Palmolive Co. | Reduce -24.8% | 0.10% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -6.4% | 0.21% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -2.3% | 0.57% | −0.05 |
| IBM Intl Business Machines Corp. | Reduce -4.4% | 0.42% | −0.05 |
| SCHW Schwab (charles) Corp. | Reduce -18.9% | 0.24% | −0.05 |
| CSCO Cisco Systems Inc. | Reduce -6.8% | 0.43% | −0.05 |
| BKNG Booking Holdings Inc. | Reduce -6.1% | 0.29% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -9.2% | 0.61% | −0.05 |
| MANH Manhattan Associates Inc. | Reduce -84.7% | 0.01% | −0.05 |
| VCEL Vericel Corp. | Reduce -98.3% | 0.00% | −0.05 |
| HON Honeywell International Inc. | Reduce -7.4% | 0.21% | −0.05 |
| APPF Appfolio Inc. Class A | Reduce -74.4% | 0.02% | −0.05 |
| QTWO Q2 Holdings Inc. | Reduce -92.2% | 0.00% | −0.05 |
| GKOS Glaukos Corp. | Reduce -86.5% | 0.01% | −0.05 |
| ADBE Adobe Inc. | Reduce -5.1% | 0.25% | −0.05 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -9.3% | 0.16% | −0.05 |
| PAYC Paycom Software Inc. | Reduce -83.5% | 0.01% | −0.04 |
| LITE Lumentum Holdings Inc. | Reduce -90.1% | 0.01% | −0.04 |
| HES Hess Corp. | Sold out | 0.00% | −0.04 |
| SPGI S&P Global Inc. | Reduce -4.8% | 0.25% | −0.04 |
| DDOG Datadog Inc. Class A | Reduce -47.8% | 0.05% | −0.04 |
| ALRM Alarm.com Holdings Inc. | Reduce -97.2% | 0.00% | −0.04 |
| CWAN Clearwater Analytics HDS-A | Reduce -75.7% | 0.01% | −0.04 |
| PGR Progressive Corp. | Reduce -4.8% | 0.22% | −0.04 |
Portfolio Buys Q2 2025 → Q3 2025
| TSM Taiwan Semiconductor-SP ADR | Add +14.7% | 0.52% | +0.14 |
| ANET Arista Networks Inc. | Add +5.5% | 0.26% | +0.08 |
| CVX Chevron Corp. | Add +10.2% | 0.38% | +0.05 |
| TMO Thermo Fisher Scientific Inc. | Add +0.4% | 0.31% | +0.04 |
| NXPI NXP Semiconductors NV | Add +224.1% | 0.06% | +0.04 |
| MS Morgan Stanley | Add +3.8% | 0.32% | +0.04 |
| TCOM Trip.com Group Ltd.-ADR | Add +74.3% | 0.07% | +0.04 |
| CEG Constellation Energy | Add +20.7% | 0.22% | +0.04 |
| ICLR Icon PLC | Add +180.1% | 0.05% | +0.04 |
| VRT Vertiv Holdings Co. Class A | Add +73.3% | 0.07% | +0.03 |
| HOOD Robinhood Markets Inc. Class A | Add +0.2% | 0.10% | +0.03 |
| MOD Modine Manufacturing Co. | Add +39.4% | 0.06% | +0.03 |
| INSM Insmed Inc. | Add +4.2% | 0.08% | +0.03 |
| EPAM Epam Systems Inc. | Add +130.6% | 0.05% | +0.03 |
| ATMU Atmus Filtration Technologie | Add +1589.1% | 0.03% | +0.02 |
| FIX Comfort Systems USA Inc. | Add +90.7% | 0.04% | +0.02 |
| TDY Teledyne Technologies Inc. | Add +95.5% | 0.04% | +0.02 |
| LSCC Lattice Semiconductor Corp. | Add +1.5% | 0.07% | +0.02 |
| GLW Corning Inc. | Add +30.7% | 0.04% | +0.02 |
| WDC Western Digital Corp. | Add +35.3% | 0.04% | +0.02 |
| VSEC Vse Corp. | Add +31.2% | 0.05% | +0.02 |
| CWK Cushman & Wakefield UK Holdc | Add +486.1% | 0.02% | +0.02 |
| AU Anglogold Ashanti PLC | Add +36.7% | 0.04% | +0.02 |
| FNV Franco-Nevada Corp. | New | 0.02% | +0.02 |
| MHK Mohawk Industries Inc. | Add +43.2% | 0.05% | +0.02 |
| CRDO Credo Technology Group Holdi | Add +106.5% | 0.03% | +0.02 |
| RNST Renasant Corp. | Add +113.1% | 0.04% | +0.02 |
| GD General Dynamics Corp. | Add +0.9% | 0.14% | +0.02 |
| BKR Baker Hughes Co. | Add +11.8% | 0.06% | +0.02 |
| PWR Quanta Services Inc. | Add +20.0% | 0.08% | +0.02 |
| LHX L3HARRIS Technologies Inc. | Add +29.5% | 0.05% | +0.02 |
| MRK Merck & Co. Inc. | Add +1.3% | 0.40% | +0.02 |
| MDGL Madrigal Pharmaceuticals Inc. | Add +13.4% | 0.04% | +0.02 |
| FLEX Flex Ltd. | Add +3.9% | 0.11% | +0.02 |
| SHOP Shopify Inc. Class A | Add +10.2% | 0.06% | +0.02 |
| FN Fabrinet | Add +67.7% | 0.03% | +0.02 |
| ARGX Argenx SE - ADR | Add +1.6% | 0.06% | +0.02 |
| IBP Installed Building Products | Add +21.5% | 0.04% | +0.02 |
| SMTC Semtech Corp. | Add +55.7% | 0.03% | +0.01 |
| FWONK Liberty Media Corp. Class C | Add +9.8% | 0.02% | +0.01 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +5.8% | 0.09% | +0.01 |
| EWBC East West Bancorp Inc. | Add +145.5% | 0.02% | +0.01 |
| LUMN Lumen Technologies Inc. | Add +577.6% | 0.02% | +0.01 |
| ZETA Zeta Global Holdings Corp. Class A | Add +235.8% | 0.02% | +0.01 |
| AZN Astrazeneca PLC-Spons ADR | Add +61.0% | 0.03% | +0.01 |
| HUM Humana Inc. | Add +49.0% | 0.04% | +0.01 |
| TATT Tat Technologies Ltd. | New | 0.01% | +0.01 |
| HROW Harrow Inc. | Add +1944.7% | 0.01% | +0.01 |
| ITUB Itau Unibanco H-Spon PRF ADR | Add +18.6% | 0.07% | +0.01 |
| GENI Genius Sports Ltd. | Add +395.5% | 0.02% | +0.01 |
Notes & Other Activity Q2 2025 → Q3 2025
| BANK OF AMERICA CORP (BAC 7.25 PERP L) | 7.25%CNV PFD L | Add +6.6% | 16,846 | $21.6M |
| WELLS FARGO & COMPANY (WFC 7.5 PERP L) | PERP PFD CNV A | Reduce -31.6% | 13,065 | $16.1M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 3,173 | $79.3B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q1 2026 | 3,131 | $71.6B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q4 2025 | 3,175 | $74.9B | NVDA, AAPL, MSFT, AMZN, GOOGL |
| Q3 2025 | 3,179 | $77.3B | NVDA, MSFT, AAPL, AMZN, META |
| Q2 2025Amended | 3,194 | $75.1B | MSFT, NVDA, AAPL, AMZN, META |
| Q1 2025Amended | 3,169 | $68.1B | AAPL, MSFT, NVDA, AMZN, META |
| Q4 2024Amended | 3,172 | $74.5B | AAPL, MSFT, NVDA, AMZN, META |
| Q3 2024Amended | 3,174 | $73.9B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024Amended | 3,396 | $76.2B | MSFT, AAPL, NVDA, AMZN, GOOGL |
| Q1 2024Amended | 3,231 | $75.7B | MSFT, AAPL, NVDA, AMZN, META |