Institutional Manager · CIK 0000919079
California Public Employees Retirement System
Sacramento, CA · File #028-04896
Latest AUM
$174.90B
Positions
1,086
Top-10 Concentration
68.6%
Filings
10
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | VANGUARD INDEX FDS | 922908363 | +5,627,587 | +$3.53B | +$382.9M |
| ADD | NVIDIA CORPORATION | NVDA | +10,313,384 | +$1.92B | -$5.3M |
| ADD | MICROSOFT CORP | MSFT | +1,730,802 | +$837.1M | -$665.8M |
| ADD | NETFLIX INC | NFLX | +7,489,355 | +$702.2M | -$865.4M |
| ADD | BROADCOM INC | AVGO | +2,016,804 | +$698.0M | +$187.8M |
| ADD | ALPHABET INC | GOOG | +1,297,986 | +$406.3M | +$984.2M |
| REDUCE | RTX CORPORATION | RTX | -1,843,873 | -$338.2M | +$77.1M |
| ADD | ALPHABET INC | GOOG | +1,004,952 | +$315.4M | +$796.6M |
| ADD | APPLE INC | AAPL | +1,080,095 | +$293.6M | +$608.1M |
| ADD | SERVICENOW INC | NOW | +1,657,523 | +$253.9M | -$315.0M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20251,086 pos · $174.90B
- 13F HOLDINGS REPORTQ/E Sep 20251,089 pos · $167.04B
- 13F HOLDINGS REPORTQ/E Jun 20251,114 pos · $156.97B
- 13F HOLDINGS REPORTQ/E Mar 20251,118 pos · $143.11B
- 13F HOLDINGS REPORT (Amended)Q/E Mar 20251,142 pos · $149.52B
- 13F HOLDINGS REPORTQ/E Dec 20241,142 pos · $149.52B
- 13F HOLDINGS REPORTQ/E Sep 20241,146 pos · $142.95B
- 13F HOLDINGS REPORTQ/E Jun 20240 pos · $136.35B
- 13F HOLDINGS REPORTQ/E Mar 20241,169 pos · $142.20B
- 13F HOLDINGS REPORTQ/E Dec 20231,190 pos · $116.23B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | VANGUARD INDEX FDS | 922908363 | 31,586,839 | $19.81B | 17.35% |
| 2 | NVIDIA CORPORATION | NVDA | 76,375,762 | $14.24B | 12.47% |
| 3 | MICROSOFT CORP | MSFT | 21,124,113 | $10.22B | 8.95% |
| 4 | APPLE INC | AAPL | 36,375,266 | $9.89B | 8.66% |
| 5 | ALPHABET INC | GOOG | 15,378,439 | $4.81B | 4.21% |
| 6 | BROADCOM INC | AVGO | 13,616,185 | $4.71B | 4.13% |
| 7 | AMAZON COM INC | AMZN | 20,049,877 | $4.63B | 4.05% |
| 8 | ALPHABET INC | GOOG | 12,344,566 | $3.87B | 3.39% |
| 9 | META PLATFORMS INC | META | 5,824,493 | $3.84B | 3.37% |
| 10 | TESLA INC | TSLA | 5,231,555 | $2.35B | 2.06% |
| 11 | JPMORGAN CHASE & CO. | VYLD | 6,761,319 | $2.18B | 1.91% |
| 12 | J P MORGAN EXCHANGE TRADED F | 46654Q633 | 39,896,037 | $2.02B | 1.77% |
| 13 | ELI LILLY & CO | LLY | 1,854,587 | $1.99B | 1.75% |
| 14 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 3,392,297 | $1.71B | 1.49% |
| 15 | JOHNSON & JOHNSON | JNJ | 7,439,241 | $1.54B | 1.35% |
| 16 | VISA INC | V | 3,319,433 | $1.16B | 1.02% |
| 17 | BANK AMERICA CORP | 060505104 | 19,614,554 | $1.08B | 0.94% |
| 18 | MASTERCARD INCORPORATED | MA | 1,835,410 | $1.05B | 0.92% |
| 19 | ABBVIE INC | ABBV | 4,198,609 | $959.3M | 0.84% |
| 20 | WALMART INC | WMT | 8,605,706 | $958.8M | 0.84% |