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Pension ← All Institutions

NEW YORK STATE COMMON RETIREMENT FUND

OFFICE OF THE STATE COMPTROLLER 14TH FLOOR, 110 STATE STREET, ALBANY, NY 12236 • 518-486-6998

Q4 2025 · Filed 2026-02-12
Market Value
$74.4B
-3.0%
Holdings
3,066
+1
New Purchases
61
Added To
601
Closed
66
Reduced
886
Top 10 Concentration
35.4%
Turnover
4.1%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOGL 2.98% 2.36% +0.62% $2.2B
GOOG 2.40% 1.89% +0.50% $1.8B
LLY 1.32% 0.92% +0.40% $982M
AAPL 6.30% 5.92% +0.38% $4.7B
MU 0.50% 0.30% +0.20% $371M
MRK 0.50% 0.40% +0.10% $374M
JNJ 0.82% 0.72% +0.10% $613M
AMD 0.54% 0.45% +0.10% $405M
AVGO 2.40% 2.30% +0.10% $1.8B
AMZN 3.59% 3.50% +0.09% $2.7B
WMT 0.74% 0.67% +0.07% $553M
CSCO 0.50% 0.43% +0.06% $370M
LRCX 0.33% 0.27% +0.06% $245M
WFC 0.53% 0.48% +0.06% $398M
CRM 0.40% 0.35% +0.05% $299M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSFT 5.75% 6.24% -0.49% $4.3B
META 2.16% 2.46% -0.30% $1.6B
ORCL 0.49% 0.73% -0.24% $363M
NFLX 0.60% 0.82% -0.21% $449M
TSM 0.32% 0.53% -0.21% $236M
HD 0.53% 0.61% -0.08% $392M
SE 0.02% 0.11% -0.08% $18M
SPOT 0.15% 0.23% -0.08% $112M
MELI 0.02% 0.10% -0.07% $19M
FI 0.09% 0.16% -0.07% $64M
APP 0.23% 0.30% -0.07% $171M
ETN 0.22% 0.29% -0.07% $167M
SNPS 0.16% 0.23% -0.07% $120M
NVDA 6.57% 6.63% -0.06% $4.9B
MSTR 0.06% 0.12% -0.06% $42M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Technology 31.8%
Financial Services 13.2%
Healthcare 10.3%
Communication Services 9.9%
Consumer Cyclical 9.9%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 69 $43.1B 57.9%
Large Cap 738 $25.3B 34.0%
Mid Cap 921 $5.1B 6.9%
Small Cap 999 $889M 1.2%
Micro Cap 339 $30M 0.0%

Portfolio Analytics

Avg Market Cap
$30.5B
Median Market Cap
$2.8B
Avg P/E
33.2
Median P/E
20.1
Avg Dividend Yield
0.02%
Avg Beta
1.06
# Stocks
3,060
# ETFs / Funds
6

Top Holdings (3,066 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 6.57% 26,208,674 $4.9B $186.50 -$199M -1,056,354 -3.9%
2 AAPL 6.30% 17,231,786 $4.7B $271.86 $148M -585,163 -3.3%
3 MSFT 5.75% 8,849,381 $4.3B $483.62 -$509M -395,683 -4.3%
4 AMZN 3.59% 11,559,379 $2.7B $230.82 -$14M -653,898 -5.3%
5 GOOGL 2.98% 7,082,814 $2.2B $313.00 $407M -362,666 -4.9%
6 AVGO 2.40% 5,153,809 $1.8B $346.10 $19M -195,450 -3.6%
7 GOOG 2.40% 5,680,539 $1.8B $313.80 $331M -281,138 -4.7%
8 META 2.16% 2,432,636 $1.6B $660.09 -$281M -136,955 -5.3%
9 TSLA 1.89% 3,125,231 $1.4B $449.72 -$13M -64,652 -2.0%
10 JPM 1.40% 3,243,209 $1.0B $322.22 -$7M -91,827 -2.8%
11 LLY 1.32% 913,787 $982M $1,074.68 $276M -12,056 -1.3%
12 BRK-B 1.31% 1,946,407 $978M $502.65 -$12M -24,400 -1.2%
13 V 0.96% 2,038,962 $715M $350.71 -$15M -100,326 -4.7%
14 JNJ 0.82% 2,963,992 $613M $206.95 $58M -33,939 -1.1%
15 WMT 0.74% 4,962,280 $553M $111.41 $36M -50,300 -1.0%
16 MA 0.71% 919,572 $525M $570.88 -$49M -89,662 -8.9%
17 XOM 0.66% 4,108,003 $494M $120.34 $23M -71,500 -1.7%
18 BAC 0.64% 8,681,961 $478M $55.00 -$38M -1,302,616 -13.1%
19 ABBV 0.62% 2,025,503 $463M $228.49 -$14M -34,167 -1.7%
20 NFLX 0.60% 4,793,500 $449M $93.76 -$177M +4,270,668 +816.8%
21 COST 0.59% 509,239 $439M $862.34 -$40M -8,249 -1.6%
22 PLTR 0.56% 2,323,978 $413M $177.75 -$24M -72,252 -3.0%
23 AMD 0.54% 1,891,974 $405M $214.16 $64M -218,526 -10.3%
24 PG 0.54% 2,826,191 $405M $143.31 -$36M -44,616 -1.6%
25 WFC 0.53% 4,267,239 $398M $93.20 $30M -118,863 -2.7%
26 HD 0.53% 1,138,805 $392M $344.10 -$75M -14,370 -1.2%
27 MRK 0.50% 3,556,058 $374M $105.26 $66M -111,941 -3.0%
28 MU 0.50% 1,300,245 $371M $285.41 $143M -63,748 -4.7%
29 CSCO 0.50% 4,807,376 $370M $77.03 $38M -50,047 -1.0%
30 GE 0.50% 1,201,873 $370M $308.03 -$16M -83,230 -6.5%
31 UNH 0.50% 1,117,634 $369M $330.11 -$42M -72,831 -6.1%
32 ORCL 0.49% 1,863,065 $363M $194.91 -$197M -128,487 -6.5%
33 IBM 0.45% 1,141,731 $338M $296.21 $13M -11,500 -1.0%
34 GS 0.45% 378,312 $333M $879.00 $28M -4,700 -1.2%
35 KO 0.43% 4,599,401 $322M $69.91 $11M -80,700 -1.7%
36 C 0.41% 2,614,233 $305M $116.69 -$12M -510,464 -16.3%
37 CAT 0.40% 525,478 $301M $572.87 $23M -57,308 -9.8%
38 CRM 0.40% 1,127,562 $299M $264.91 $30M -8,300 -0.7%
39 RTX 0.40% 1,608,873 $295M $183.40 $19M -42,860 -2.6%
40 PM 0.38% 1,747,100 $280M $160.40 -$5M -10,300 -0.6%
41 MS 0.37% 1,556,555 $276M $177.53 $27M -13,700 -0.9%
42 CVX 0.37% 1,791,885 $273M $152.41 -$21M -102,585 -5.4%
43 MCD 0.34% 839,883 $257M $305.63 -$4M -17,630 -2.1%
44 TMO 0.34% 432,419 $251M $579.45 $12M -59,498 -12.1%
45 ABT 0.33% 1,982,718 $248M $125.29 -$24M -49,725 -2.5%
46 DIS 0.33% 2,159,403 $246M $113.77 -$9M -63,324 -2.9%
47 LRCX 0.33% 1,432,586 $245M $171.18 $40M -101,359 -6.6%
48 TSM 0.32% 777,749 $236M $303.89 -$167M -666,865 -46.2%
49 AMAT 0.31% 910,531 $234M $256.99 $23M -120,574 -11.7%
50 PEP 0.31% 1,606,662 $231M $143.52 $167K -34,050 -2.1%
51 AXP 0.31% 614,030 $227M $369.95 $19M -11,595 -1.9%
52 QCOM 0.30% 1,283,390 $220M $171.05 -$1M -42,393 -3.2%
53 ISRG 0.29% 379,034 $215M $566.36 $27M -40,104 -9.6%
54 BKNG 0.28% 38,886 $208M $5,355.33 -$17M -2,840 -6.8%
55 CB 0.28% 661,330 $206M $312.12 $24M +13,524 +2.1%
56 INTU 0.28% 309,241 $205M $662.42 -$12M -8,990 -2.8%
57 T 0.27% 8,166,527 $203M $24.84 -$32M -166,050 -2.0%
58 AMGN 0.27% 619,171 $203M $327.31 $26M -5,968 -0.9%
59 LIN 0.27% 474,654 $202M $426.39 -$47M -50,325 -9.6%
60 PFE 0.27% 7,969,154 $198M $24.90 -$11M -255,147 -3.1%
61 BLK 0.27% 185,307 $198M $1,070.34 -$25M -6,135 -3.2%
62 TJX 0.27% 1,287,377 $198M $153.61 -$971K -87,500 -6.4%
63 GEV 0.27% 301,936 $197M $653.57 -$3M -24,072 -7.4%
64 VZ 0.26% 4,789,273 $195M $40.73 -$17M -38,400 -0.8%
65 BA 0.26% 897,166 $195M $217.12 -$15M -76,536 -7.9%
66 NEE 0.26% 2,420,897 $194M $80.28 $5M -82,900 -3.3%
67 KLAC 0.26% 157,874 $192M $1,215.08 $20M -1,840 -1.1%
68 ACN 0.25% 704,465 $189M $268.30 $4M -46,057 -6.1%
69 SPGI 0.25% 359,034 $188M $522.59 -$2M -31,341 -8.0%
70 UBER 0.25% 2,296,183 $188M $81.71 -$53M -156,120 -6.4%
71 APH 0.25% 1,365,946 $185M $135.14 -$13M -230,524 -14.4%
72 INTC 0.25% 4,982,425 $184M $36.90 $14M -68,148 -1.4%
73 PGR 0.24% 795,492 $181M $227.72 $8M +94,050 +13.4%
74 SCHW 0.24% 1,804,995 $180M $99.91 -$8M -167,541 -8.5%
75 NOW 0.24% 1,157,085 $177M $153.19 -$45M +916,088 +380.1%
76 ADBE 0.24% 505,657 $177M $349.99 -$13M -32,025 -6.0%
77 GILD 0.24% 1,432,017 $176M $122.74 $12M -40,900 -2.8%
78 COF 0.23% 714,398 $173M $242.36 $18M -16,025 -2.2%
79 BSX 0.23% 1,808,953 $172M $95.35 -$15M -114,568 -6.0%
80 APP 0.23% 253,714 $171M $673.82 -$60M -67,380 -21.0%
81 TXN 0.23% 980,565 $170M $173.49 -$22M -63,081 -6.0%
82 CEG 0.23% 475,955 $168M $353.27 $943K -32,137 -6.3%
83 ETN 0.22% 522,867 $167M $318.51 -$60M -81,271 -13.4%
84 DHR 0.22% 726,534 $166M $228.92 $8M -69,651 -8.8%
85 LOW 0.22% 688,489 $166M $241.16 -$8M -6,000 -0.9%
86 CMCSA 0.21% 5,167,567 $154M $29.89 -$10M -54,075 -1.0%
87 ANET 0.21% 1,170,572 $153M $131.03 -$44M -183,539 -13.6%
88 HON 0.20% 779,303 $152M $195.09 -$14M -7,600 -1.0%
89 MCK 0.20% 184,734 $152M $820.29 $958K -10,178 -5.2%
90 ADI 0.20% 558,182 $151M $271.20 -$4M -74,951 -11.8%
91 UNP 0.20% 636,542 $147M $231.32 -$5M -8,000 -1.2%
92 PANW 0.19% 776,092 $143M $184.20 -$17M -8,200 -1.1%
93 PLD 0.19% 1,119,336 $143M $127.66 $14M -3,978 -0.3%
94 MDT 0.19% 1,480,846 $142M $96.06 -$271K -15,600 -1.0%
95 WELL 0.19% 760,528 $141M $185.61 $4M -6,737 -0.9%
96 NEM 0.19% 1,406,440 $140M $99.85 $22M -1,888 -0.1%
97 SYK 0.19% 397,237 $140M $351.47 -$18M -28,100 -6.6%
98 DE 0.19% 297,617 $139M $465.57 -$5M -15,686 -5.0%
99 CI 0.18% 499,484 $137M $275.23 -$9M -8,314 -1.6%
100 CVS 0.18% 1,729,690 $137M $79.36 $2M -63,400 -3.5%

New Positions

SymbolValue% Port
BP $18M 0.02%
EGO $11M 0.02%
SQM $11M 0.01%
Q $10M 0.01%
NOK $10M 0.01%
SOLS $9M 0.01%
EQNR $8M 0.01%
MIAX $7M 0.01%
DB $5M 0.01%
EZPW $5M 0.01%
ARM $4M 0.01%
HTHT $4M 0.01%
CX $4M —%
HSAI $4M —%
QURE $4M —%

Sold Out Positions

SymbolValue% Port
FNV —%
E —%
LXP —%
KT —%
HPP —%
ALC —%
UL —%
ZIM —%
MT —%
WCN —%
TUYA —%
TTE —%
GRVY —%
LLYVK —%
DSGX —%
View SEC EDGAR Filings for NEW YORK STATE COMMON RETIREMENT FUND →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms