CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q1 2025
Top Holdings1,118 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
VANGUARD S&P 500 ETF | 22M | $11.3B | 7.9% | $528.19 | -4.14% | 2 qtrssince 2024-Q4 | Increased 78 |
APPLE INC | 34.7M | $7.7B | 5.4% | $116.29 | +89.84% | 26 qtrssince 2018-Q4 | Decreased 0 |
MICROSOFT CORP | 19.1M | $7.2B | 5.0% | $159.86 | +135.70% | 26 qtrssince 2018-Q4 | Decreased 0 |
NVIDIA CORP | 58.5M | $6.3B | 4.4% | $112.50 | -2.53% | 26 qtrssince 2018-Q4 | Decreased 0 |
META PLATFORMS INC-CLASS A | 5.5M | $3.2B | 2.2% | $250.05 | +130.13% | 26 qtrssince 2018-Q4 | Increased 61 |
AMAZON.COM INC | 16M | $3.1B | 2.1% | $114.68 | +68.05% | 26 qtrssince 2018-Q4 | Decreased 0 |
BERKSHIRE HATHAWAY INC-CL B | 4.8M | $2.5B | 1.8% | $248.72 | +111.61% | 26 qtrssince 2018-Q4 | Decreased 0 |
BROADCOM INC | 13M | $2.2B | 1.5% | $159.42 | +5.45% | 26 qtrssince 2018-Q4 | Increased 52 |
ALPHABET INC-CL A | 13.3M | $2B | 1.4% | $105.81 | +45.45% | 26 qtrssince 2018-Q4 | Increased 51 |
ALPHABET INC-CL C | 11.4M | $1.8B | 1.2% | $102.17 | +52.33% | 26 qtrssince 2018-Q4 | Increased 51 |
JPMORGAN CHASE & CO | 5.9M | $1.5B | 1.0% | $98.07 | +142.64% | 26 qtrssince 2018-Q4 | Decreased 0 |
JOHNSON & JOHNSON | 8.7M | $1.4B | 1.0% | $114.64 | +39.67% | 26 qtrssince 2018-Q4 | Increased 50 |
ELI LILLY & CO | 1.7M | $1.4B | 1.0% | $111.91 | +630.25% | 26 qtrssince 2018-Q4 | Decreased 0 |
PROCTER & GAMBLE CO/THE | 8.1M | $1.4B | 1.0% | $90.33 | +80.90% | 26 qtrssince 2018-Q4 | Decreased 0 |
UNITEDHEALTH GROUP INC | 2.5M | $1.3B | 0.9% | $360.59 | +40.27% | 26 qtrssince 2018-Q4 | Decreased 0 |
VISA INC-CLASS A SHARES | 3.7M | $1.3B | 0.9% | $153.18 | +126.21% | 26 qtrssince 2018-Q4 | Increased 48 |
TESLA INC | 4.7M | $1.2B | 0.9% | $221.12 | +19.19% | 26 qtrssince 2018-Q4 | Decreased 0 |
ABBVIE INC | 5.7M | $1.2B | 0.8% | $114.38 | +74.54% | 26 qtrssince 2018-Q4 | Increased 51 |
COSTCO WHOLESALE CORP | 1.2M | $1.2B | 0.8% | $497.24 | +88.59% | 26 qtrssince 2018-Q4 | Decreased 0 |
WALMART INC | 12.4M | $1.1B | 0.8% | $51.32 | +64.78% | 26 qtrssince 2018-Q4 | Decreased 0 |
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM manages $143.1B across 1118 positions as of Q1 2025. Top holdings: VOO (7.9%), AAPL (5.4%), MSFT (5.0%). Fund DNA: Balanced Allocator. HoldingsIntel Rating: 5/5.0.
Active quarter - 14 new positions, 38 exits, 335 increased. Top move: VOO (INCREASED, conviction 78). Portfolio: $143.1B across 1118 positions.
Top holdings by portfolio weight
Portfolio allocation by GICS sector
Behavioral investing profile
Position Outcomes
Best and worst performing positions by estimated return
Top Winners
Top Losers
Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
Similar Funds
Funds with similar investing DNA
Explore More
Accumulation Streaks
Positions with 2+ consecutive quarters of increases - persistent directional conviction.
Continue exploring
Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer