California Public Employees Retirement System
Sacramento, CA
$177.4bn in 1,061 US stocks at the end of 30 June 2026. The top 10 are 42.8% of the money. It changed about 14.1% of the portfolio this quarter.
Value
$177.4bn
Stocks
1,061
Top 10 share
42.8%
Turnover
14.1%
What changed this quarter
New
Bought for the first time this quarter.
- Honeywell InternationalHON<0.1% of the fund
- Honeywell AerospaceHONA<0.1% of the fund
- CarnivalCCL<0.1% of the fund
- DuPont de NemoursDD<0.1% of the fund
- FedEx Freight Holding CompanyFDXF<0.1% of the fund
- Octave IntelligenceOCTV<0.1% of the fund
- VersigentVGNT<0.1% of the fund
Added
Bought more of a stock they already held.
- Ishares TRIVV6.4% of the fund+1098%
- TeslaTSLA1.3% of the fund+8%
- Advanced Micro DevicesAMD1.0% of the fund+12%
- Applied MaterialsAMAT0.9% of the fund+15%
- WalmartWMT0.7% of the fund+17%
- CaterpillarCAT0.6% of the fund+10%
- MastercardMA0.6% of the fund+12%
- Costco WholesaleCOST0.5% of the fund+7%
- CitigroupC0.5% of the fund+38%
- Procter & GamblePG0.4% of the fund+9%
- SandiskSNDK0.4% of the fund+34%
- Seagate Technology HoldingsSTX0.4% of the fund+94%
- GE VernovaGEV0.4% of the fund+18%
- ChevronCVX0.3% of the fund+5%
- Wells Fargo & CompanyWFC0.3% of the fund+3%
- Palantir TechnologiesPLTR0.3% of the fund+21%
- Western DigitalWDC0.3% of the fund+14%
- CorningGLW0.2% of the fund+19%
- PfizerPFE0.2% of the fund+59%
- Bloom EnergyBE0.2% of the fund+240%
- Arista NetworksANET0.2% of the fund+4%
- TJX CompaniesTJX0.2% of the fund+10%
- WelltowerWELL0.2% of the fund+9%
- Nebius GroupNBIS0.2% of the fund+412%
- CrowdStrike HoldingsCRWD0.2% of the fund+37%
Cut
Sold some of their stake.
- Vanguard Index FDSVOO11.9% of the fund-9%
- NvidiaNVDA5.2% of the fund-33%
- AppleAAPL4.8% of the fund-21%
- MicrosoftMSFT3.3% of the fund-28%
- BroadcomAVGO2.7% of the fund-6%
- Amazon.comAMZN2.5% of the fund-14%
- AlphabetGOOGL2.4% of the fund-17%
- AlphabetGOOG1.9% of the fund-9%
- Micron TechnologyMU1.6% of the fund-21%
- Meta PlatformsMETA1.6% of the fund-12%
- JPMorgan ChaseJPM1.0% of the fund-10%
- Eli LillyLLY1.0% of the fund-21%
- Lam ResearchLRCX0.9% of the fund-38%
- Berkshire HathawayBRK-B0.7% of the fund-8%
- Johnson & JohnsonJNJ0.7% of the fund-17%
- IntelINTC0.7% of the fund-30%
- VisaV0.6% of the fund-3%
- Bank of AmericaBAC0.5% of the fund-12%
- AbbVieABBV0.5% of the fund-8%
- Cisco SystemsCSCO0.5% of the fund-41%
- UnitedHealth GroupUNH0.5% of the fund-12%
- Coca-ColaKO0.4% of the fund-13%
- MerckMRK0.4% of the fund-27%
- Goldman Sachs GroupGS0.4% of the fund-4%
- Home DepotHD0.4% of the fund-13%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- Carnival-100%
- Coterra EnergyCTRA-100%
- Hologic-100%
- DuPont de NemoursDD-100%
- Air Lease-100%
- Masimo-100%
- Sealed Air Corp New-100%
- Clearwater Analytics Hldgs I-100%
- WestlakeWLK-100%
Holdings
- Vanguard Index FDSVOO
- Share
- 11.9%
- Value
- $21.1bn
- Shares
- 30,713,968
-9%
- Ishares TRIVV
- Share
- 6.4%
- Value
- $11.4bn
- Shares
- 15,179,345
+1098%
- J P Morgan Exchange Traded FJPHY
- Share
- 1.1%
- Value
- $2.0bn
- Shares
- 39,896,037
Held
- Berkshire Hathaway INC DELBRK-A
- Share
- 0.2%
- Value
- $443m
- Shares
- 592
-6%
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Vanguard Index FDSVOO | 11.9% | $21.1bn | 30,713,968 | -9% |
| Ishares TRIVV | 6.4% | $11.4bn | 15,179,345 | +1098% |
| NvidiaNVDA | 5.2% | $9.2bn | 46,071,341 | -33% |
| AppleAAPL | 4.8% | $8.6bn | 29,642,254 | -21% |
| MicrosoftMSFT | 3.3% | $5.9bn | 15,795,039 | -28% |
| BroadcomAVGO | 2.7% | $4.7bn | 12,483,106 | -6% |
| Amazon.comAMZN | 2.5% | $4.5bn | 18,696,461 | -14% |
| AlphabetGOOGL | 2.4% | $4.3bn | 12,083,544 | -17% |
| AlphabetGOOG | 1.9% | $3.3bn | 9,358,074 | -9% |
| Micron TechnologyMU | 1.6% | $2.9bn | 2,531,035 | -21% |
| Meta PlatformsMETA | 1.6% | $2.8bn | 4,961,480 | -12% |
| TeslaTSLA | 1.3% | $2.3bn | 5,574,336 | +8% |
| J P Morgan Exchange Traded FJPHY | 1.1% | $2.0bn | 39,896,037 | Held |
| JPMorgan ChaseJPM | 1.0% | $1.9bn | 5,652,111 | -10% |
| Advanced Micro DevicesAMD | 1.0% | $1.8bn | 3,087,134 | +12% |
| KLAKLAC | 1.0% | $1.8bn | 5,891,593 | Held |
| Eli LillyLLY | 1.0% | $1.7bn | 1,440,683 | -21% |
| Lam ResearchLRCX | 0.9% | $1.6bn | 3,648,551 | -38% |
| Applied MaterialsAMAT | 0.9% | $1.5bn | 2,139,430 | +15% |
| Berkshire HathawayBRK-B | 0.7% | $1.3bn | 2,565,296 | -8% |
| Johnson & JohnsonJNJ | 0.7% | $1.3bn | 4,969,982 | -17% |
| IntelINTC | 0.7% | $1.2bn | 8,731,138 | -30% |
| WalmartWMT | 0.7% | $1.2bn | 10,282,706 | +17% |
| ExxonMobil HoldingsXOM | 0.6% | $1.1bn | 7,912,257 | Held |
| VisaV | 0.6% | $1.1bn | 3,071,081 | -3% |
| CaterpillarCAT | 0.6% | $1.0bn | 965,570 | +10% |
| MastercardMA | 0.6% | $1.0bn | 1,947,201 | +12% |
| Costco WholesaleCOST | 0.5% | $945m | 1,010,418 | +7% |
| Bank of AmericaBAC | 0.5% | $914m | 16,048,020 | -12% |
| AbbVieABBV | 0.5% | $863m | 3,428,196 | -8% |
| Cisco SystemsCSCO | 0.5% | $831m | 7,075,779 | -41% |
| UnitedHealth GroupUNH | 0.5% | $800m | 1,924,189 | -12% |
| CitigroupC | 0.5% | $799m | 5,705,262 | +38% |
| Procter & GamblePG | 0.4% | $788m | 5,376,980 | +9% |
| General ElectricGE | 0.4% | $731m | 1,956,846 | Held |
| SandiskSNDK | 0.4% | $708m | 311,247 | +34% |
| Coca-ColaKO | 0.4% | $701m | 8,623,351 | -13% |
| MerckMRK | 0.4% | $694m | 5,398,744 | -27% |
| Goldman Sachs GroupGS | 0.4% | $679m | 671,723 | -4% |
| Seagate Technology HoldingsSTX | 0.4% | $674m | 698,149 | +94% |
| Home DepotHD | 0.4% | $650m | 1,841,754 | -13% |
| GE VernovaGEV | 0.4% | $633m | 538,802 | +18% |
| ChevronCVX | 0.3% | $601m | 3,626,259 | +5% |
| Wells Fargo & CompanyWFC | 0.3% | $581m | 7,032,631 | +3% |
| Marvell TechnologyMRVL | 0.3% | $569m | 1,911,352 | -28% |
| NetflixNFLX | 0.3% | $561m | 7,855,474 | Held |
| Palantir TechnologiesPLTR | 0.3% | $544m | 4,665,120 | +21% |
| AmgenAMGN | 0.3% | $542m | 1,496,206 | -24% |
| Verizon CommunicationsVZ | 0.3% | $522m | 12,327,203 | -14% |
| Western DigitalWDC | 0.3% | $490m | 767,793 | +14% |
| International Business MachinesIBM | 0.3% | $485m | 1,723,040 | -30% |
| Texas InstrumentsTXN | 0.3% | $483m | 1,620,244 | -10% |
| RTXRTX | 0.3% | $481m | 2,533,579 | -10% |
| Palo Alto NetworksPANW | 0.3% | $462m | 1,356,049 | -6% |
| DeereDE | 0.3% | $446m | 703,361 | -17% |
| AmphenolAPH | 0.3% | $445m | 2,525,468 | -19% |
| Berkshire Hathaway INC DELBRK-A | 0.2% | $443m | 592 | -6% |
| Morgan StanleyMS | 0.2% | $442m | 2,115,910 | -13% |
| CorningGLW | 0.2% | $427m | 1,671,870 | +19% |
| QualcommQCOM | 0.2% | $426m | 2,303,624 | -29% |
| LindeLIN | 0.2% | $422m | 813,497 | Held |
| PfizerPFE | 0.2% | $416m | 17,261,993 | +59% |
| Bloom EnergyBE | 0.2% | $415m | 1,370,211 | +240% |
| Analog DevicesADI | 0.2% | $402m | 1,012,083 | -4% |
| Uber TechnologiesUBER | 0.2% | $381m | 5,282,815 | -6% |
| Arista NetworksANET | 0.2% | $380m | 2,234,046 | +4% |
| PepsiCoPEP | 0.2% | $377m | 2,783,102 | -14% |
| OracleORCL | 0.2% | $365m | 2,492,221 | -10% |
| NextEra EnergyNEE | 0.2% | $364m | 4,148,623 | -9% |
| TJX CompaniesTJX | 0.2% | $355m | 2,345,134 | +10% |
| Gilead SciencesGILD | 0.2% | $353m | 2,790,589 | -22% |
| WelltowerWELL | 0.2% | $352m | 1,551,984 | +9% |
| McDonald'sMCD | 0.2% | $352m | 1,301,300 | -36% |
| Thermo Fisher ScientificTMO | 0.2% | $349m | 696,759 | Held |
| AT&TT | 0.2% | $342m | 16,515,454 | Held |
| Nebius GroupNBIS | 0.2% | $340m | 1,231,662 | +412% |
| American ExpressAXP | 0.2% | $332m | 980,462 | -23% |
| CrowdStrike HoldingsCRWD | 0.2% | $320m | 418,817 | +37% |
| AccentureACN | 0.2% | $318m | 2,554,421 | +58% |
| Walt DisneyDIS | 0.2% | $313m | 3,246,923 | +3% |
| Monolithic Power SystemsMPWR | 0.2% | $310m | 223,899 | +40% |
| ProgressivePGR | 0.2% | $307m | 1,404,811 | Held |
| PrologisPLD | 0.2% | $301m | 2,223,172 | +14% |
| Booking HoldingsBKNG | 0.2% | $298m | 1,672,345 | -18% |
| Union PacificUNP | 0.2% | $290m | 1,064,642 | -21% |
| ConocoPhillipsCOP | 0.2% | $287m | 2,757,343 | -5% |
| Charles SchwabSCHW | 0.2% | $276m | 2,986,999 | Held |
| Vertiv HoldingsVRT | 0.1% | $264m | 789,106 | +11% |
| Bristol-Myers SquibbBMY | 0.1% | $263m | 4,570,905 | -13% |
| AppLovinAPP | 0.1% | $260m | 504,052 | +3% |
| EatonETN | 0.1% | $258m | 604,325 | -30% |
| BlackRockBLK | 0.1% | $257m | 267,169 | -2% |
| SalesforceCRM | 0.1% | $255m | 1,629,926 | -24% |
| Intuitive SurgicalISRG | 0.1% | $253m | 635,707 | +2% |
| S&P GlobalSPGI | 0.1% | $249m | 611,612 | Held |
| Parker-HannifinPH | 0.1% | $247m | 252,890 | +4% |
| DanaherDHR | 0.1% | $236m | 1,236,783 | -33% |
| Capital One FinancialCOF | 0.1% | $234m | 1,168,304 | +5% |
| CVS HealthCVS | 0.1% | $234m | 2,260,802 | -11% |
| Trane TechnologiesTT | 0.1% | $233m | 474,371 | -31% |
Showing the largest 100 of 1,061.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 13.0% since 30 June 2025.
Where the money is
Technology31.0%
Financial services9.3%
Industrials7.9%
Media & telecom7.6%
Health care7.0%
Retail & consumer7.0%
Everyday goods3.1%
Energy2.4%
Utilities1.7%
Real estate1.7%
Materials1.5%
Other19.8%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.