California Public Employees Retirement System

Pension

CIK

919079

Location

Sacramento, CA

Portfolio Value

Mega $142,415,714,320

Diversification

Diversified

Filing Date

Global Rank

#71 / 8,675 ▼ 9

Top Industry

Semiconductors 16.1%

3Y Alpha vs SPY

+33.7%

Period ended 2 months ago

Filed Aug 14, 2026 · 16d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+258.1%

SPY

+70.6%

Annualised alpha

+33.5%

Max drawdown

−17.5%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends. Captured split ratios restate closes onto one basis; only an unusable ratio can exclude earlier closes for that listing. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

1,052 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

6.5%

−2.1 pts

Top 5

25.3%

−4.4 pts

Top 10

35.4%

−3.6 pts

HHI

180

Diversified−49

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	38.4%	$54,756,545,885	179
Financial Services	11.7%	$16,599,877,341	161
Communication Services	9.8%	$13,942,146,396	39
Industrials	9.4%	$13,415,963,502	173
Consumer Cyclical	9.1%	$12,907,717,166	136
Healthcare	8.7%	$12,454,801,313	110
Consumer Defensive	3.9%	$5,530,752,155	53
Energy	3.0%	$4,326,129,907	42
Real Estate	2.2%	$3,064,756,383	68
Utilities	2.1%	$3,005,145,039	46
Basic Materials	1.7%	$2,367,599,248	44
Unclassified	0.0%	$44,279,985	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
PFE	Pfizer Inc	+6,421,808	17,261,993	$415,668,791
KLAC	Kla Corp	+5,296,956	5,891,593	$1,777,552,524
BKNG	Booking Holdings Inc.	+1,590,856	1,672,345	$298,078,772
C	Citigroup Inc	+1,581,295	5,705,262	$798,508,469
WMT	Walmart Inc.	+1,507,226	10,282,706	$1,164,619,281
AGNC	AGNC Investment Corp.	+1,182,360	2,718,118	$29,627,486
DVN	Devon Energy Corp/De	+1,152,923	2,477,472	$102,369,143
NBIS	Nebius Group N.V.	+991,274	1,231,662	$340,148,094
BE	Bloom Energy Corp	+967,052	1,370,211	$414,762,869
ACN	Accenture plc	+935,834	2,554,421	$317,872,149
PLTR	Palantir Technologies Inc.	+808,736	4,665,120	$544,279,550
CVNA	Carvana Co.	+780,191	964,057	$63,454,231
ON	On Semiconductor Corp	+658,349	1,342,177	$126,889,413
NU	Nu Holdings Ltd.	+645,319	6,654,957	$88,910,225
CMG	Chipotle Mexican Grill Inc	+519,399	2,288,550	$77,810,700
PR	Permian Resources Corp	+466,831	2,072,613	$38,156,805
PG	PROCTER & GAMBLE Co	+430,378	5,376,980	$788,480,347
TSLA	Tesla, Inc.	+395,468	5,574,336	$2,344,565,721
SPG	Simon Property Group Inc.	+356,550	929,555	$207,894,975
DASH	DoorDash, Inc.	+353,742	832,827	$153,681,566
CNH	CNH Industrial N.V.	+346,326	1,638,479	$18,400,119
WY	Weyerhaeuser Co	+342,764	1,423,781	$34,085,317
STX	Seagate Technology Holdings plc	+337,752	698,149	$673,713,785
AMD	Advanced Micro Devices Inc	+327,201	3,087,134	$1,793,347,011
DOW	Dow Inc.	+312,907	1,201,466	$32,872,109
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	−22,264,066	46,071,341	$9,218,414,620
AAPL	Apple Inc.	−8,071,423	29,642,254	$8,577,282,617
MSFT	Microsoft Corp	−6,111,047	15,795,039	$5,891,865,447
CSCO	Cisco Systems, Inc.	−4,978,631	7,075,779	$831,121,001
INTC	Intel Corp	−3,655,786	8,731,138	$1,219,128,798
GOOGL	Alphabet Inc.	−3,502,947	21,441,618	$7,624,784,405
AMZN	Amazon Com Inc	−3,089,273	18,696,461	$4,456,114,514
KHC	Kraft Heinz Co	−2,650,291	1,697,303	$40,090,296
ABT	Abbott Laboratories	−2,329,577	2,138,248	$194,024,623
LRCX	Lam Research Corp	−2,222,348	3,648,551	$1,581,026,604
BAC	Bank Of America Corp /De/	−2,173,339	16,048,020	$914,416,179
VZ	Verizon Communications Inc	−2,089,851	12,327,203	$521,933,775
EXC	Exelon Corp	−1,988,265	2,891,611	$134,806,904
MRK	Merck & Co., Inc.	−1,984,344	5,398,744	$693,738,604
KO	Coca Cola Co	−1,335,221	8,623,351	$700,819,735
KDP	Keurig Dr Pepper Inc.	−1,286,113	1,675,080	$54,825,368
HBAN	Huntington Bancshares Inc /Md/	−1,042,114	2,589,661	$45,914,689
JNJ	Johnson & Johnson	−1,025,006	4,969,982	$1,262,226,328
QCOM	Qualcomm Inc/De	−920,480	2,303,624	$425,686,678
NXPI	NXP Semiconductors N.V.	−907,760	684,453	$192,351,826
CMCSA	Comcast Corp	−856,236	8,495,670	$208,568,698
AVGO	Broadcom Inc.	−808,445	12,483,106	$4,715,493,291
GILD	Gilead Sciences, Inc.	−794,309	2,790,589	$352,563,014
DELL	Dell Technologies Inc.	−770,499	506,348	$218,468,908
IBM	International Business Machines Corp	−755,226	1,723,040	$484,536,078
No positions match the current search.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
HONA	Honeywell Aerospace Inc.	689,424	$152,417,857
FDXF	FedEx Freight Holding Company, Inc.	183,300	$27,678,300
OCTV	Octave Intelligence plc	463,190	$7,549,997
VGNT	Versigent PLC	124,297	$5,221,716
No positions match the current search.

Sold Out

Positions the filer fully exited

7 positions

Ticker	Company	Shares	Value
WLK	Westlake Corp	25,000	$2,920,500
—		523,815	$0
—		1,565,223	$0
—		77,397	$0
—		272,830	$0
—		341,333	$0
—		217,493	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,052 tracked positions · $142,415,714,320 total · filing declares 1,061 positions · $177,384,494,361 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 1,052 positions by value · page 1 of 22

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	46,071,341	-22,264,066	$9,218,414,620	−22.6%	6.47%
AAPL	Apple Inc. Technology	Reduced	29,642,254	-8,071,423	$8,577,282,617	−10.4%	6.02%
GOOGL	Alphabet Inc. Communication Services	Reduced	21,441,618	-3,502,947	$7,624,784,405	+6.4%	5.35%
MSFT	Microsoft Corp Technology	Reduced	15,795,039	-6,111,047	$5,891,865,447	−27.3%	4.14%
AVGO	Broadcom Inc. Technology	Reduced	12,483,106	-808,445	$4,715,493,291	+14.6%	3.31%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	18,696,461	-3,089,273	$4,456,114,514	−1.8%	3.13%
MU	Micron Technology Inc Technology	Reduced	2,531,035	-657,573	$2,921,548,390	+171.2%	2.05%
META	Meta Platforms, Inc. Communication Services	Reduced	4,961,480	-653,980	$2,794,752,069	−13.0%	1.96%
TSLA	Tesla, Inc. Consumer Cyclical	Added	5,574,336	+395,468	$2,344,565,721	+21.8%	1.65%
JPM	Jpmorgan Chase & Co Financial Services	Reduced	5,652,111	-656,222	$1,850,105,493	−0.3%	1.30%
AMD	Advanced Micro Devices Inc Technology	Added	3,087,134	+327,201	$1,793,347,011	+219.4%	1.26%
KLAC	Kla Corp Technology	Added	5,891,593	+5,296,956	$1,777,552,524	+103.0%	1.25%
LLY	ELI LILLY & Co Healthcare	Reduced	1,440,683	-374,010	$1,727,998,554	+3.5%	1.21%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	2,565,888	-217,048	$1,726,967,665	−3.2%	1.21%
LRCX	Lam Research Corp Technology	Reduced	3,648,551	-2,222,348	$1,581,026,604	+26.0%	1.11%
AMAT	Applied Materials Inc /De Technology	Added	2,139,430	+286,612	$1,546,807,890	+144.3%	1.09%
JNJ	Johnson & Johnson Healthcare	Reduced	4,969,982	-1,025,006	$1,262,226,328	−13.9%	0.89%
INTC	Intel Corp Technology	Reduced	8,731,138	-3,655,786	$1,219,128,798	+123.0%	0.86%
WMT	Walmart Inc. Consumer Defensive	Added	10,282,706	+1,507,226	$1,164,619,281	+6.8%	0.82%
XOM	ExxonMobil Holdings Corp Energy	Added	7,912,257	+89,124	$1,081,763,777	−18.5%	0.76%
V	Visa Inc. Financial Services	Reduced	3,071,081	-105,612	$1,053,657,180	+9.7%	0.74%
CAT	Caterpillar Inc Industrials	Added	965,570	+85,721	$1,028,235,493	+65.0%	0.72%
MA	Mastercard Inc Financial Services	Added	1,947,201	+215,756	$1,000,082,433	+15.6%	0.70%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	1,010,418	+68,710	$945,215,726	+0.7%	0.66%
BAC	Bank Of America Corp /De/ Financial Services	Reduced	16,048,020	-2,173,339	$914,416,179	+2.9%	0.64%
ABBV	AbbVie Inc. Healthcare	Reduced	3,428,196	-291,880	$862,671,241	+6.6%	0.61%
CSCO	Cisco Systems, Inc. Technology	Reduced	7,075,779	-4,978,631	$831,121,001	−11.1%	0.58%
UNH	Unitedhealth Group Inc Healthcare	Reduced	1,924,189	-262,350	$799,750,674	+35.2%	0.56%
C	Citigroup Inc Financial Services	Added	5,705,262	+1,581,295	$798,508,469	+70.7%	0.56%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	5,376,980	+430,378	$788,480,347	+10.4%	0.55%
GE	General Electric Co Industrials	Reduced	1,956,846	-30,638	$731,332,055	+29.7%	0.51%
SNDK	Sandisk Corp Technology	Added	311,247	+78,473	$707,691,641	+378.5%	0.50%
KO	Coca Cola Co Consumer Defensive	Reduced	8,623,351	-1,335,221	$700,819,735	−7.5%	0.49%
MRK	Merck & Co., Inc. Healthcare	Reduced	5,398,744	-1,984,344	$693,738,604	−21.9%	0.49%
GS	Goldman Sachs Group Inc Financial Services	Reduced	671,723	-26,395	$679,360,490	+15.0%	0.48%
STX	Seagate Technology Holdings plc Technology	Added	698,149	+337,752	$673,713,785	+377.2%	0.47%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	1,841,754	-276,558	$649,549,800	−6.8%	0.46%
GEV	GE Vernova Inc. Industrials	Added	538,802	+82,936	$633,016,917	+59.1%	0.44%
CVX	Chevron Corp Energy	Added	3,626,259	+165,148	$601,088,691	−16.1%	0.42%
WFC	Wells Fargo & Company/Mn Financial Services	Added	7,032,631	+180,621	$581,176,625	+6.5%	0.41%
MRVL	Marvell Technology, Inc. Technology	Reduced	1,911,352	-726,632	$569,372,647	+117.9%	0.40%
NFLX	Netflix Inc Communication Services	Added	7,855,474	+104,079	$560,880,843	−24.7%	0.39%
PLTR	Palantir Technologies Inc. Technology	Added	4,665,120	+808,736	$544,279,550	−3.5%	0.38%
AMGN	Amgen Inc Healthcare	Reduced	1,496,206	-474,464	$541,806,116	−21.9%	0.38%
VZ	Verizon Communications Inc Communication Services	Reduced	12,327,203	-2,089,851	$521,933,775	−27.9%	0.37%
WDC	Western Digital Corp Technology	Added	767,793	+96,076	$490,404,744	+169.9%	0.34%
IBM	International Business Machines Corp Technology	Reduced	1,723,040	-755,226	$484,536,078	−19.3%	0.34%
TXN	Texas Instruments Inc Technology	Reduced	1,620,244	-177,170	$482,946,129	+38.4%	0.34%
RTX	RTX Corp Industrials	Reduced	2,533,579	-286,646	$480,695,943	−11.6%	0.34%
PANW	Palo Alto Networks Inc Technology	Reduced	1,356,049	-85,449	$462,439,829	+100.1%	0.32%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.