California Public Employees Retirement System
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.
Closest benchmark: the Russell 1000 as of 2026-06-30, active share 22.6%; sector active share 9.8% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
1,059 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026Portfolio Trend
Sector Breakdown
As of Jun 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 31.1% | $55,201,836,402 |
| Unclassified | 19.5% | $34,519,833,843 |
| Financial Services | 9.4% | $16,599,549,170 |
| Communication Services | 7.9% | $13,942,146,396 |
| Industrials | 7.6% | $13,415,963,502 |
| Consumer Cyclical | 7.3% | $12,907,717,166 |
| Healthcare | 7.0% | $12,454,801,313 |
| Consumer Defensive | 3.1% | $5,530,752,155 |
| Energy | 2.4% | $4,326,129,907 |
| Real Estate | 1.7% | $3,064,756,383 |
| Utilities | 1.7% | $3,005,145,039 |
| Basic Materials | 1.3% | $2,328,328,009 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| IVV | iShares Core S&P 500 ETF | +13,911,818 | 15,179,345 | $11,367,659,677 | |
| 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 | +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 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | |
| AMZN | Amazon Com Inc | −3,089,273 | 18,696,461 | $4,456,114,514 | |
| VOO | VANGUARD 500 INDEX FUND | −2,921,971 | 30,713,968 | $21,094,660,362 | |
| KHC | Kraft Heinz Co | −2,650,291 | 1,697,303 | $40,090,296 | |
| GOOGL | Alphabet Inc. | −2,554,436 | 12,083,544 | $4,318,296,119 | |
| 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 | −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 | −1,042,114 | 2,589,661 | $45,914,689 | |
| JNJ | Johnson & Johnson | −1,025,006 | 4,969,982 | $1,262,226,328 | |
| GOOG | Alphabet Inc. | −948,511 | 9,358,074 | $3,306,488,286 | |
| QCOM | Qualcomm Inc | −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 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterSold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| WLK | Westlake Corp | 25,000 | $2,920,500 | |
| — | 341,333 | $0 | ||
| — | 1,565,223 | $0 | ||
| — | 272,830 | $0 | ||
| — | 523,815 | $0 | ||
| — | 217,493 | $0 | ||
| — | 77,397 | $0 | ||
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| VOO |
VANGUARD 500 INDEX FUND
|
Reduced | 30,713,968 | $21,094,660,362 | 11.90% | |
| IVV |
iShares Core S&P 500 ETF
|
Added | 15,179,345 | $11,367,659,677 | 6.41% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 46,071,341 | $9,218,414,620 | 5.20% | |
| AAPL |
Apple Inc.
Technology
|
Reduced | 29,642,254 | $8,577,282,617 | 4.84% | |
| MSFT |
Microsoft Corp
Technology
|
Reduced | 15,795,039 | $5,891,865,447 | 3.32% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 12,483,106 | $4,715,493,291 | 2.66% | |
| AMZN |
Amazon Com Inc
Consumer Cyclical
|
Reduced | 18,696,461 | $4,456,114,514 | 2.51% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Reduced | 12,083,544 | $4,318,296,119 | 2.44% | |
| GOOG |
Alphabet Inc.
Communication Services
|
Reduced | 9,358,074 | $3,306,488,286 | 1.86% | |
| MU |
Micron Technology Inc
Technology
|
Reduced | 2,531,035 | $2,921,548,390 | 1.65% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Reduced | 4,961,480 | $2,794,752,069 | 1.58% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Added | 5,574,336 | $2,344,565,721 | 1.32% | |
| JPHY |
JPMorgan Active High Yield ETF
|
Held | 39,896,037 | $2,013,233,819 | 1.14% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Reduced | 5,652,111 | $1,850,105,493 | 1.04% | |
| AMD |
Advanced Micro Devices Inc
Technology
|
Added | 3,087,134 | $1,793,347,011 | 1.01% | |
| KLAC |
Kla Corp
Technology
|
Added | 5,891,593 | $1,777,552,524 | 1.00% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Reduced | 1,440,683 | $1,727,998,554 | 0.97% | |
| LRCX |
Lam Research Corp
Technology
|
Reduced | 3,648,551 | $1,581,026,604 | 0.89% | |
| AMAT |
Applied Materials Inc
Technology
|
Added | 2,139,430 | $1,546,807,890 | 0.87% | |
| BRK-B |
Berkshire Hathaway Inc
Financial Services
|
Reduced | 2,565,296 | $1,283,648,465 | 0.72% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Reduced | 4,969,982 | $1,262,226,328 | 0.71% | |
| INTC |
Intel Corp
Technology
|
Reduced | 8,731,138 | $1,219,128,798 | 0.69% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Added | 10,282,706 | $1,164,619,281 | 0.66% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Added | 7,912,257 | $1,081,763,777 | 0.61% | |
| V |
Visa Inc.
Financial Services
|
Reduced | 3,071,081 | $1,053,657,180 | 0.59% | |
| CAT |
Caterpillar Inc
Industrials
|
Added | 965,570 | $1,028,235,493 | 0.58% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 1,947,201 | $1,000,082,433 | 0.56% | |
| COST |
Costco Wholesale Corp
Consumer Defensive
|
Added | 1,010,418 | $945,215,726 | 0.53% | |
| BAC |
Bank Of America Corp
Financial Services
|
Reduced | 16,048,020 | $914,416,179 | 0.52% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Reduced | 3,428,196 | $862,671,241 | 0.49% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Reduced | 7,075,779 | $831,121,001 | 0.47% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Reduced | 1,924,189 | $799,750,674 | 0.45% | |
| C |
Citigroup Inc
Financial Services
|
Added | 5,705,262 | $798,508,469 | 0.45% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 5,376,980 | $788,480,347 | 0.44% | |
| GE |
General Electric Co
Industrials
|
Reduced | 1,956,846 | $731,332,055 | 0.41% | |
| SNDK |
Sandisk Corp
Technology
|
Added | 311,247 | $707,691,641 | 0.40% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Reduced | 8,623,351 | $700,819,735 | 0.40% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Reduced | 5,398,744 | $693,738,604 | 0.39% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Reduced | 671,723 | $679,360,490 | 0.38% | |
| STX |
Seagate Technology Holdings plc
Technology
|
Added | 698,149 | $673,713,785 | 0.38% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Reduced | 1,841,754 | $649,549,800 | 0.37% | |
| GEV |
GE Vernova Inc.
Industrials
|
Added | 538,802 | $633,016,917 | 0.36% | |
| CVX |
Chevron Corp
Energy
|
Added | 3,626,259 | $601,088,691 | 0.34% | |
| WFC |
Wells Fargo & Company
Financial Services
|
Added | 7,032,631 | $581,176,625 | 0.33% | |
| MRVL |
Marvell Technology, Inc.
Technology
|
Reduced | 1,911,352 | $569,372,647 | 0.32% | |
| NFLX |
Netflix Inc
Communication Services
|
Added | 7,855,474 | $560,880,843 | 0.32% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
Added | 4,665,120 | $544,279,550 | 0.31% | |
| AMGN |
Amgen Inc
Healthcare
|
Reduced | 1,496,206 | $541,806,116 | 0.31% | |
| VZ |
Verizon Communications Inc
Communication Services
|
Reduced | 12,327,203 | $521,933,775 | 0.29% | |
| WDC |
Western Digital Corp
Technology
|
Added | 767,793 | $490,404,744 | 0.28% |
Showing the top 50 of 1,059 positions. Create a free account to see every position, past quarters, search, filters and CSV export.
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.