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California Public Employees Retirement System — 13F Holdings & Portfolio

CIK 919079 · latest 13F-HR filed 2026-08-14

Backtest portfolio

California Public Employees Retirement System manages $177.38B in 13F-reported U.S. long-equity assets across 1,061 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are VOO (11.89%), IVV (6.41%), NVDA (5.20%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 7 new positions and exited 10; 516 existing positions rose in reported value and 389 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

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AUM
$177.38B

Long-equity book

Holdings
1,061

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+7 / −10 / ↑516 / ↓389

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
VOO11.9% · -9%IVV6.4% · +1098%NVDA5.2% · -33%AAPL4.8% · -21%MSFT3.3% · -28%AVGO2.7% · -6%AMZN2.5% · -14%GOOGL2.4% · -18%GOOG1.9% · -9%MU1.6% · -21%META1.6% · -12%TSLA1.3% · +8%JPHY1.1% · 0%JPM1.0% · -10%AMD1.0% · +12%KLAC1.0% · +891%LLY1.0% · -21%LRCX0.9% · -38%AMAT0.9% · +16%BRK.B0.7% · -8%JNJ0.7% · -17%INTC0.7% · -30%WMT0.7% · +17%XOM0.6% · +1%V0.6% · -3%CAT0.6% · +10%MA0.6% · +12%COST0.5% · +7%BAC0.5% · -12%ABBV0.5% · -8%CSCO0.5% · -41%UNH0.5% · -12%C0.5% · +38%PG0.4% · +9%GE0.4% · -2%SNDK0.4% · +34%KO0.4% · -13%MRK0.4% · -27%GS0.4% · -4%STX0.4% · +94%HD0.4% · -13%GEV0.4% · +18%CVX0.3% · +5%WFC0.3% · +3%MRVL0.3% · -28%NFLX0.3% · +1%PLTR0.3% · +21%AMGN0.3% · -24%VZ0.3% · -14%WDC0.3% · +14%IBM0.3% · -30%TXN0.3% · -10%RTX0.3% · -10%PANW0.3% · -6%DE0.3% · -17%APH0.3% · -19%BRK.A0.2% · -6%MS0.2% · -13%GLW0.2% · +18%QCOM0.2% · -28%

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

3 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 42.8%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People
Name Title / Status Ownership Type

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Top Adds (vs prior quarter)

Show all 516 →

Top Trims

Show all 389 →

New Positions

Show all 7 →

Exited Positions

Show all 10 →

California Public Employees Retirement System Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 VANGUARD INDEX FDS VOO 922908363 $21.09B 11.89% 30,713,968 SH
2 ISHARES TR IVV 464287200 $11.37B 6.41% 15,179,345 SH
3 NVIDIA CORPORATION NVDA 67066G104 $9.22B 5.20% 46,071,341 SH
4 APPLE INC AAPL 037833100 $8.58B 4.84% 29,642,254 SH
5 MICROSOFT CORP MSFT 594918104 $5.89B 3.32% 15,795,039 SH
6 BROADCOM INC AVGO 11135F101 $4.72B 2.66% 12,483,106 SH
7 AMAZON COM INC AMZN 023135106 $4.46B 2.51% 18,696,461 SH
8 ALPHABET INC GOOGL 02079K305 $4.32B 2.43% 12,083,544 SH
9 ALPHABET INC GOOG 02079K107 $3.31B 1.86% 9,358,074 SH
10 MICRON TECHNOLOGY INC MU 595112103 $2.92B 1.65% 2,531,035 SH
11 META PLATFORMS INC META 30303M102 $2.79B 1.58% 4,961,480 SH
12 TESLA INC TSLA 88160R101 $2.34B 1.32% 5,574,336 SH
13 J P MORGAN EXCHANGE TRADED F JPHY 46654Q633 $2.01B 1.13% 39,896,037 SH
14 JPMORGAN CHASE & CO JPM 46625H100 $1.85B 1.04% 5,652,111 SH
15 ADVANCED MICRO DEVICES INC AMD 007903107 $1.79B 1.01% 3,087,134 SH
16 KLA CORP KLAC 482480100 $1.78B 1.00% 5,891,593 SH
17 ELI LILLY & CO LLY 532457108 $1.73B 0.97% 1,440,683 SH
18 LAM RESEARCH CORP LRCX 512807306 $1.58B 0.89% 3,648,551 SH
19 APPLIED MATLS INC AMAT 038222105 $1.55B 0.87% 2,139,430 SH
20 BERKSHIRE HATHAWAY INC DEL BRK.B 084670702 $1.28B 0.72% 2,565,296 SH
21 JOHNSON & JOHNSON JNJ 478160104 $1.26B 0.71% 4,969,982 SH
22 INTEL CORP INTC 458140100 $1.22B 0.69% 8,731,138 SH
23 WALMART INC WMT 931142103 $1.16B 0.66% 10,282,706 SH
24 EXXON MOBIL CORP XOM 30231G102 $1.08B 0.61% 7,912,257 SH
25 VISA INC V 92826C839 $1.05B 0.59% 3,071,081 SH
26 CATERPILLAR INC CAT 149123101 $1.03B 0.58% 965,570 SH
27 MASTERCARD INCORPORATED MA 57636Q104 $1.00B 0.56% 1,947,201 SH
28 COSTCO WHOLESALE CORPORATION COST 22160K105 $945.2M 0.53% 1,010,418 SH
29 BANK OF AMER CORP BAC 060505104 $914.4M 0.52% 16,048,020 SH
30 ABBVIE INC ABBV 00287Y109 $862.7M 0.49% 3,428,196 SH
31 CISCO SYS INC CSCO 17275R102 $831.1M 0.47% 7,075,779 SH
32 UNITEDHEALTH GROUP INC UNH 91324P102 $799.8M 0.45% 1,924,189 SH
33 CITIGROUP INC C 172967424 $798.5M 0.45% 5,705,262 SH
34 PROCTER & GAMBLE CO PG 742718109 $788.5M 0.44% 5,376,980 SH
35 GE AEROSPACE GE 369604301 $731.3M 0.41% 1,956,846 SH
36 SANDISK CORP SNDK 80004C200 $707.7M 0.40% 311,247 SH
37 COCA COLA CO KO 191216100 $700.8M 0.40% 8,623,351 SH
38 MERCK & CO INC MRK 58933Y105 $693.7M 0.39% 5,398,744 SH
39 GOLDMAN SACHS GROUP INC GS 38141G104 $679.4M 0.38% 671,723 SH
40 SEAGATE TECHNOLOGY HLDNGS PL STX G7997R103 $673.7M 0.38% 698,149 SH
41 HOME DEPOT INC HD 437076102 $649.5M 0.37% 1,841,754 SH
42 GE VERNOVA INC GEV 36828A101 $633.0M 0.36% 538,802 SH
43 CHEVRON CORPORATION CVX 166764100 $601.1M 0.34% 3,626,259 SH
44 WELLS FARGO & CO WFC 949746101 $581.2M 0.33% 7,032,631 SH
45 MARVELL TECHNOLOGY INC MRVL 573874104 $569.4M 0.32% 1,911,352 SH
46 NETFLIX INC. NFLX 64110L106 $560.9M 0.32% 7,855,474 SH
47 PALANTIR TECHNOLOGIES INC PLTR 69608A108 $544.3M 0.31% 4,665,120 SH
48 AMGEN INC AMGN 031162100 $541.8M 0.31% 1,496,206 SH
49 VERIZON COMMUNICATIONS INC VZ 92343V104 $521.9M 0.29% 12,327,203 SH
50 WESTERN DIGITAL CORP WDC 958102105 $490.4M 0.28% 767,793 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $177.38B 1,061 0000919079-26-000011
2026-03-31 2026-05-06 $162.49B 1,064 0000919079-26-000006
2025-12-31 2026-02-12 $174.90B 1,086 0000919079-26-000003
Filer Information
Address
400 Q ST
SUITE 4800
SACRAMENTO, CA 95811
Phone
(916) 795-3400
Filing Manager
California Public Employees Retirement System
Sacramento, CA
Signatory
TJ Kopkash
Investment Manager