CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM
Institutional investor · Portfolio as of Q1 2026
Top Holdings1,064 positions
Stock | Shares | Value | Weight | Avg Buy | Est. P&L | Held | Conviction |
|---|---|---|---|---|---|---|---|
VANGUARD S&P 500 ETF | 33.6M | $20.1B | 12.4% | $555.58 | +12.62% | 6 qtrssince 2024-Q4 | Increased 66 |
NVIDIA CORP | 68.3M | $11.9B | 7.3% | $127.53 | +41.18% | 30 qtrssince 2018-Q4 | Decreased 0 |
APPLE INC | 37.7M | $9.6B | 5.9% | $130.04 | +94.81% | 30 qtrssince 2018-Q4 | Increased 64 |
MICROSOFT CORP | 21.9M | $8.1B | 5.0% | $230.70 | +75.09% | 30 qtrssince 2018-Q4 | Increased 61 |
AMAZON.COM INC | 21.8M | $4.5B | 2.8% | $142.43 | +46.55% | 30 qtrssince 2018-Q4 | Increased 60 |
ALPHABET INC-CL A | 14.6M | $4.2B | 2.6% | $129.45 | +134.51% | 30 qtrssince 2018-Q4 | Decreased 0 |
BROADCOM INC | 13.3M | $4.1B | 2.5% | $192.83 | +62.75% | 30 qtrssince 2018-Q4 | Decreased 0 |
META PLATFORMS INC-CLASS A | 5.6M | $3.2B | 2.0% | $293.67 | +123.06% | 30 qtrssince 2018-Q4 | Decreased 0 |
ALPHABET INC-CL C | 10.3M | $3B | 1.8% | $122.79 | +147.22% | 30 qtrssince 2018-Q4 | Decreased 0 |
JPMORGAN ACTIVE HIGH YIELD ETF | 39.9M | $2B | 1.2% | $47.17 | +3.58% | 4 qtrssince 2025-Q2 | Unchanged 0 |
TESLA INC | 5.2M | $1.9B | 1.2% | $235.15 | +66.89% | 30 qtrssince 2018-Q4 | Decreased 0 |
JPMORGAN CHASE & CO | 6.3M | $1.9B | 1.1% | $137.28 | +118.72% | 30 qtrssince 2018-Q4 | Decreased 0 |
ELI LILLY & CO | 1.8M | $1.7B | 1.0% | $204.61 | +348.10% | 30 qtrssince 2018-Q4 | Decreased 0 |
JOHNSON & JOHNSON | 6M | $1.5B | 0.9% | $114.94 | +114.67% | 30 qtrssince 2018-Q4 | Decreased 0 |
BERKSHIRE HATHAWAY INC-CL B | 2.8M | $1.3B | 0.8% | $248.72 | +93.53% | 30 qtrssince 2018-Q4 | Decreased 0 |
EXXON MOBIL CORP | 7.8M | $1.3B | 0.8% | $64.43 | +135.64% | 30 qtrssince 2018-Q4 | Decreased 0 |
LAM RESEARCH CORP COM NEW | 5.9M | $1.3B | 0.8% | $139.76 | +55.46% | 30 qtrssince 2018-Q4 | Increased 62 |
WALMART INC | 8.8M | $1.1B | 0.7% | $52.80 | +142.24% | 30 qtrssince 2018-Q4 | Increased 46 |
MICRON TECHNOLOGY INC | 3.2M | $1.1B | 0.7% | $193.25 | +96.47% | 30 qtrssince 2018-Q4 | Increased 61 |
VISA INC-CLASS A SHARES | 3.2M | $960.1M | 0.6% | $153.18 | +96.54% | 30 qtrssince 2018-Q4 | Decreased 0 |
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM manages $162.5B across 1064 positions as of Q1 2026. Top holdings: VOO (12.4%), NVDA (7.3%), AAPL (5.9%). Fund DNA: Balanced Allocator. HoldingsIntel Rating: 5/5.0.
Active quarter - 25 new positions, 47 exits, 418 increased. Top move: VOO (INCREASED, conviction 66). Portfolio: $162.5B across 1064 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