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COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS

5 NORTH 5TH ST, HARRISBURG, PA 17101 • 7177204700

Q4 2025 · Filed 2026-02-10
Market Value
$19.5B
-1.0%
Holdings
1,660
+17
New Purchases
66
Added To
109
Closed
56
Reduced
1,357
Top 10 Concentration
30.0%
Turnover
7.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
GOOGL 2.17% 1.72% +0.45% $424M
GOOG 1.74% 1.39% +0.35% $339M
LLY 1.02% 0.74% +0.28% $199M
AAPL 4.79% 4.61% +0.18% $934M
MU 0.38% 0.23% +0.15% $75M
NEE 1.69% 1.57% +0.13% $330M
CRH.L 0.10% 0.00% +0.10% $19M
AMD 0.42% 0.32% +0.10% $81M
AMZN 2.68% 2.60% +0.08% $522M
RSP 3.52% 3.44% +0.08% $686M
CVNA 0.07% 0.00% +0.07% $14M
AVGO 1.95% 1.89% +0.06% $380M
MRK 0.31% 0.26% +0.06% $61M
JNJ 0.60% 0.54% +0.05% $116M
LRCX 0.26% 0.21% +0.05% $50M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
MSFT 4.29% 4.70% -0.41% $836M
META 1.72% 1.94% -0.23% $334M
ORCL 0.39% 0.57% -0.18% $76M
NFLX 0.47% 0.62% -0.15% $92M
NVDA 5.41% 5.55% -0.14% $1.1B
TD 0.00% 0.12% -0.12% $0
HD 0.41% 0.49% -0.08% $80M
VCTR 0.00% 0.09% -0.08% $751K
SE 0.20% 0.28% -0.08% $39M
SO 0.93% 1.00% -0.07% $180M
ALE 0.00% 0.07% -0.07% $0
LNG 0.41% 0.47% -0.06% $79M
SRAD 0.00% 0.05% -0.05% $0
UBER 0.20% 0.25% -0.05% $39M
COST 0.46% 0.50% -0.04% $89M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Technology 23.7%
Financial Services 15.0%
Utilities 13.1%
Industrials 9.1%
Consumer Cyclical 7.8%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 56 $8.6B 44.3%
Large Cap 620 $9.7B 49.5%
Mid Cap 648 $982M 5.0%
Small Cap 291 $159M 0.8%
Micro Cap 45 $56M 0.3%

Portfolio Analytics

Avg Market Cap
$48.9B
Median Market Cap
$6.7B
Avg P/E
32.2
Median P/E
21.9
Avg Dividend Yield
0.02%
Avg Beta
1.00
# Stocks
1,651
# ETFs / Funds
9

Top Holdings (1,660 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 5.41% 5,652,316 $1.1B $186.50 -$39M -207,015 -3.5%
2 AAPL 4.79% 3,437,062 $934M $271.86 $27M -126,657 -3.5%
3 MSFT 4.29% 1,728,813 $836M $483.62 -$88M -56,161 -3.1%
4 RSP 3.52% 3,579,650 $686M $191.56 $8M +9,309 +0.3%
5 AMZN 2.68% 2,262,810 $522M $230.82 $11M -67,732 -2.9%
6 GOOGL 2.17% 1,353,299 $424M $313.00 $84M -43,575 -3.1%
7 AVGO 1.95% 1,098,449 $380M $346.10 $8M -31,026 -2.8%
8 GOOG 1.74% 1,081,621 $339M $313.80 $66M -39,768 -3.5%
9 META 1.72% 506,589 $334M $660.09 -$48M -14,258 -2.7%
10 NEE 1.69% 4,112,171 $330M $80.28 $22M +28,733 +0.7%
11 TSLA 1.51% 653,608 $294M $449.72 -$6M -20,249 -3.0%
12 UNP 1.13% 951,760 $220M $231.32 -$6M -4,438 -0.5%
13 BRK-B 1.10% 426,537 $214M $502.65 -$7M -13,810 -3.1%
14 JPM 1.05% 633,213 $204M $322.22 -$4M -27,103 -4.1%
15 LLY 1.02% 184,717 $199M $1,074.68 $53M -6,197 -3.2%
16 SO 0.93% 2,069,696 $180M $87.20 -$16M -8,038 -0.4%
17 DUK 0.88% 1,461,316 $171M $117.21 -$10M -5,848 -0.4%
18 AMT 0.88% 972,099 $171M $175.57 -$6M +53,150 +5.8%
19 V 0.71% 392,552 $138M $350.71 -$2M -15,364 -3.8%
20 WMB 0.65% 2,092,853 $126M $60.11 -$7M -9,187 -0.4%
21 AEP 0.62% 1,056,199 $122M $115.31 $3M -3,918 -0.4%
22 XOM 0.61% 980,936 $118M $120.34 $3M -42,825 -4.2%
23 JNJ 0.60% 560,416 $116M $206.95 $9M -17,914 -3.1%
24 WMT 0.58% 1,019,991 $114M $111.41 $5M -34,023 -3.2%
25 MA 0.56% 190,727 $109M $570.88 -$4M -7,504 -3.8%
26 CSX 0.56% 3,001,181 $109M $36.25 $2M -14,538 -0.5%
27 SRE 0.56% 1,226,182 $108M $88.29 -$3M -4,865 -0.4%
28 NSC 0.53% 360,485 $104M $288.72 -$5M -1,682 -0.5%
29 PLTR 0.48% 531,349 $94M $177.75 -$5M -14,784 -2.7%
30 D 0.48% 1,603,271 $94M $58.59 -$5M -6,316 -0.4%
31 ABBV 0.48% 411,104 $94M $228.49 -$4M -13,111 -3.1%
32 NFLX 0.47% 985,625 $92M $93.76 -$30M +883,585 +865.9%
33 KMI 0.46% 3,272,580 $90M $27.49 -$3M -14,177 -0.4%
34 COST 0.46% 103,086 $89M $862.34 -$10M -3,409 -3.2%
35 BAC 0.44% 1,562,713 $86M $55.00 $2M -73,671 -4.5%
36 EXC 0.44% 1,953,390 $85M $43.59 -$3M -7,536 -0.4%
37 CCI 0.43% 952,037 $85M $88.87 -$2M +52,723 +5.9%
38 XEL 0.42% 1,111,665 $82M $73.86 -$8M -4,427 -0.4%
39 AMD 0.42% 378,691 $81M $214.16 $18M -11,012 -2.8%
40 HD 0.41% 231,533 $80M $344.10 -$17M -7,386 -3.1%
41 OKE 0.41% 1,079,800 $79M $73.50 $217K -4,864 -0.5%
42 LNG 0.41% 407,396 $79M $194.39 -$14M +12,744 +3.2%
43 PEG 0.41% 984,103 $79M $80.30 -$3M -3,741 -0.4%
44 PG 0.40% 543,537 $78M $143.31 -$9M -18,952 -3.4%
45 ETR 0.40% 838,776 $78M $92.43 -$947K -3,318 -0.4%
46 PCG 0.39% 4,782,249 $77M $16.07 $4M -16,535 -0.3%
47 ORCL 0.39% 391,235 $76M $194.91 -$36M -6,722 -1.7%
48 GE 0.39% 245,355 $76M $308.03 -$1M -9,295 -3.6%
49 MU 0.38% 261,092 $75M $285.41 $30M -7,651 -2.9%
50 WELL 0.37% 384,545 $71M $185.61 $4M +4,386 +1.1%
51 CSCO 0.36% 916,635 $71M $77.03 $6M -34,305 -3.6%
52 UNH 0.36% 210,703 $70M $330.11 -$6M -6,782 -3.1%
53 WEC 0.36% 658,310 $69M $105.46 -$5M +8,621 +1.3%
54 WFC 0.35% 730,169 $68M $93.20 $4M -39,094 -5.1%
55 TRGP 0.35% 366,389 $68M $184.50 $5M -5,152 -1.4%
56 ED 0.35% 677,203 $67M $99.32 -$1M -2,650 -0.4%
57 CVX 0.34% 440,255 $67M $152.41 -$5M -21,900 -4.7%
58 PLD 0.34% 519,449 $66M $127.66 $6M -7,734 -1.5%
59 IBM 0.33% 217,425 $64M $296.21 $1M -6,267 -2.8%
60 KO 0.32% 900,521 $63M $69.91 $1M -29,600 -3.2%
61 CAT 0.32% 108,855 $62M $572.87 $9M -3,644 -3.2%
62 GS 0.31% 69,765 $61M $879.00 $3M -2,929 -4.0%
63 MRK 0.31% 577,332 $61M $105.26 $10M -22,477 -3.8%
64 CRM 0.30% 221,441 $59M $264.91 $4M -8,129 -3.5%
65 PM 0.30% 362,083 $58M $160.40 -$3M -11,711 -3.1%
66 RTX 0.29% 311,871 $57M $183.40 $3M -9,562 -3.0%
67 AEE 0.28% 553,475 $55M $99.86 -$3M -2,016 -0.4%
68 ATO 0.27% 311,213 $52M $167.63 -$672K +1,750 +0.6%
69 ABT 0.26% 404,471 $51M $125.29 -$5M -13,477 -3.2%
70 TMO 0.26% 87,392 $51M $579.45 $7M -3,286 -3.6%
71 MCD 0.26% 165,651 $51M $305.63 -$1M -5,711 -3.3%
72 LRCX 0.26% 292,160 $50M $171.18 $9M -11,762 -3.9%
73 MS 0.26% 280,958 $50M $177.53 $4M -10,379 -3.6%
74 AWK 0.25% 377,341 $49M $130.50 -$3M -1,463 -0.4%
75 SBAC 0.25% 253,342 $49M $193.43 -$174K -1,003 -0.4%
76 PPL 0.25% 1,390,172 $49M $35.02 -$3M -5,518 -0.4%
77 C 0.25% 416,201 $49M $116.69 $4M -25,866 -5.8%
78 AMAT 0.24% 185,303 $48M $256.99 $8M -7,406 -3.8%
79 DIS 0.24% 415,268 $47M $113.77 -$2M -16,482 -3.8%
80 ES 0.24% 698,616 $47M $67.33 -$2M +4,825 +0.7%
81 EQIX 0.24% 61,323 $47M $766.16 $3M +5,390 +9.6%
82 CNP 0.24% 1,224,263 $47M $38.34 -$754K -4,916 -0.4%
83 ISRG 0.24% 82,458 $47M $566.36 $8M -3,625 -4.2%
84 MELI 0.24% 23,095 $47M $2,014.26 -$8M -214 -0.9%
85 LIN 0.24% 108,615 $46M $426.39 -$7M -3,987 -3.5%
86 AXP 0.24% 124,980 $46M $369.95 $3M -5,363 -4.1%
87 FE 0.24% 1,024,043 $46M $44.77 -$1M -3,858 -0.4%
88 PEP 0.23% 318,051 $46M $143.52 -$525K -10,714 -3.3%
89 EIX 0.22% 716,788 $43M $60.02 $3M -2,909 -0.4%
90 INTU 0.22% 64,852 $43M $662.42 -$3M -2,133 -3.2%
91 QCOM 0.22% 249,121 $43M $171.05 -$474K -9,872 -3.8%
92 APP 0.22% 62,963 $42M $673.82 -$4M -2,047 -3.1%
93 GEV 0.21% 63,111 $41M $653.57 $1M -2,260 -3.5%
94 AMGN 0.21% 125,254 $41M $327.31 $5M -4,026 -3.1%
95 T 0.21% 1,649,046 $41M $24.84 -$8M -68,022 -4.0%
96 BKNG 0.21% 7,498 $40M $5,355.33 -$2M -285 -3.7%
97 VZ 0.20% 980,764 $40M $40.73 -$5M -31,730 -3.1%
98 CMS 0.20% 568,905 $40M $69.93 -$1M +7,434 +1.3%
99 TJX 0.20% 258,876 $40M $153.61 $1M -9,024 -3.4%
100 BA 0.20% 182,142 $40M $217.12 $356K +561 +0.3%

New Positions

SymbolValue% Port
CRH.L $19M 0.10%
CVNA $14M 0.07%
ARES $8M 0.04%
CCXIU $5M 0.03%
CRANU $5M 0.03%
GSAT $4M 0.02%
ALDF $4M 0.02%
NHIC $4M 0.02%
GSHRU $4M 0.02%
TACH $4M 0.02%
HVMC $4M 0.02%
Q $4M 0.02%
LATA $4M 0.02%
DMII $4M 0.02%
TDWD $4M 0.02%

Sold Out Positions

SymbolValue% Port
RC —%
BCSS —%
LXP —%
CABO —%
VTEX —%
SMP —%
DSX —%
CVI —%
TR —%
FCRS —%
TD —%
CEPT —%
AMSF —%
KRNT —%
HFWA —%
View SEC EDGAR Filings for COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS →

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