Q2 2026 13F · SEC CIK 919079

California Public Employees Retirement System

Pension fundFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $177.4B
Reported positions: 1,060
Top holdings a year, 3 yrs: +24.6%
Average holding period: 5.8 yrs

California Public Employees Retirement System is a pension fund that reported 1,060 positions worth $177.4B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Vanguard Index Fds (VOO, 11.9%), Ishares Tr (IVV, 6.4%), Nvidia Corporation (NVDA, 5.2%). A portfolio copying its top holdings returned 24.6% a year over the last 3 years, against 20.4% for the S&P 500.

California Public Employees Retirement System holdings largest 50 of 1,060 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

California Public Employees Retirement System 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
VOOVanguard Index Fds	11.9%	12.4%	30,713,968	-8.7%	$21.1B
IVVIshares Tr	6.4%	0.5%	15,179,345	+1097.6%	$11.4B
NVDANvidia Corporation	5.2%	7.3%	46,071,341	-32.6%	$9.2B
AAPLApple Inc	4.8%	5.9%	29,642,254	-21.4%	$8.6B
MSFTMicrosoft Corp	3.3%	5.0%	15,795,039	-27.9%	$5.9B
AVGOBroadcom Inc	2.7%	2.5%	12,483,106	-6.1%	$4.7B
AMZNAmazon Com Inc	2.5%	2.8%	18,696,461	-14.2%	$4.5B
GOOGLAlphabet Inc	2.4%	2.6%	12,083,544	-17.5%	$4.3B
GOOGAlphabet Inc	1.9%	1.8%	9,358,074	-9.2%	$3.3B
MUMicron Technology Inc	1.6%	0.7%	2,531,035	-20.6%	$2.9B
METAMeta Platforms Inc	1.6%	2.0%	4,961,480	-11.6%	$2.8B
TSLATesla Inc	1.3%	1.2%	5,574,336	+7.6%	$2.3B
JPHYJ P Morgan Exchange Traded F	1.1%	1.2%	39,896,037	+0.0%	$2.0B
JPMJpmorgan Chase & Co	1.0%	1.1%	5,652,111	-10.4%	$1.9B
AMDAdvanced Micro Devices Inc	1.0%	0.3%	3,087,134	+11.9%	$1.8B
KLACKla Corp	1.0%	0.5%	5,891,593	+890.8%	$1.8B
LLYEli Lilly & Co	1.0%	1.0%	1,440,683	-20.6%	$1.7B
LRCXLam Research Corp	0.9%	0.8%	3,648,551	-37.9%	$1.6B
AMATApplied Matls Inc	0.9%	0.4%	2,139,430	+15.5%	$1.5B
BRK-BBerkshire Hathaway Inc Del	0.7%	0.8%	2,565,296	-7.8%	$1.3B
JNJJohnson & Johnson	0.7%	0.9%	4,969,982	-17.1%	$1.3B
INTCIntel Corp	0.7%	0.3%	8,731,138	-29.5%	$1.2B
WMTWalmart Inc	0.7%	0.7%	10,282,706	+17.2%	$1.2B
XOMExxon Mobil Corp	0.6%	0.8%	7,912,257	+1.1%	$1.1B
VVisa Inc	0.6%	0.6%	3,071,081	-3.3%	$1.1B
CATCaterpillar Inc	0.6%	0.4%	965,570	+9.7%	$1.0B
MAMastercard Incorporated	0.6%	0.5%	1,947,201	+12.5%	$1.0B
COSTCostco Wholesale Corporation	0.5%	0.6%	1,010,418	+7.3%	$945.2M
BACBank of Amer Corp	0.5%	0.5%	16,048,020	-11.9%	$914.4M
ABBVAbbvie Inc	0.5%	0.5%	3,428,196	-7.8%	$862.7M
CSCOCisco Sys Inc	0.5%	0.6%	7,075,779	-41.3%	$831.1M
UNHUnitedhealth Group Inc	0.5%	0.4%	1,924,189	-12.0%	$799.8M
CCitigroup Inc	0.5%	—	5,705,262	—	$798.5M
PGProcter & Gamble Co	0.4%	0.4%	5,376,980	+8.7%	$788.5M
GEGe Aerospace	0.4%	0.3%	1,956,846	-1.5%	$731.3M
SNDKSandisk Corp	0.4%	—	311,247	—	$707.7M
KOCoca Cola Co	0.4%	0.5%	8,623,351	-13.4%	$700.8M
MRKMerck & Co Inc	0.4%	0.5%	5,398,744	-26.9%	$693.7M
GSGoldman Sachs Group Inc	0.4%	0.4%	671,723	-3.8%	$679.4M
STXSeagate Technology Hldngs Pl	0.4%	—	698,149	—	$673.7M
HDHome Depot Inc	0.4%	0.4%	1,841,754	-13.1%	$649.5M
GEVGe Vernova Inc	0.4%	—	538,802	—	$633.0M
CVXChevron Corporation	0.3%	0.4%	3,626,259	+4.8%	$601.1M
WFCWells Fargo & Co	0.3%	0.3%	7,032,631	+2.6%	$581.2M
MRVLMarvell Technology Inc	0.3%	—	1,911,352	—	$569.4M
NFLXNetflix Inc.	0.3%	0.5%	7,855,474	+1.3%	$560.9M
PLTRPalantir Technologies Inc	0.3%	0.3%	4,665,120	+21.0%	$544.3M
AMGNAmgen Inc	0.3%	0.4%	1,496,206	-24.1%	$541.8M
VZVerizon Communications Inc	0.3%	0.4%	12,327,203	-14.5%	$521.9M
WDCWestern Digital Corp Com	0.3%	—	767,793	—	$490.4M

What California Public Employees Retirement System bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +19.8% /yr; S&P 500 +20.1%
3 years: +24.6% /yr; S&P 500 +20.4%
5 years: +14.7% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$177.4B	1,060
Q1 2026	$162.5B	1,063
Q4 2025	$174.9B	1,085
Q3 2025	$167.0B	1,088
Q2 2025	$157.0B	1,113
Q1 2025	$143.1B	1,118
Q4 2024	$149.5B	1,142
Q3 2024	$142.9B	1,145
Q2 2024	$136.3B	1,166
Q1 2024	$142.2B	1,168
Q4 2023	$131.7B	1,186
Q3 2023	$116.2B	1,189

Questions about California Public Employees Retirement System's portfolio

What stocks does California Public Employees Retirement System own?

California Public Employees Retirement System's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 1,060 positions worth $177.4B. The largest are Vanguard Index Fds (VOO) at 11.9%, Ishares Tr (IVV) at 6.4%, Nvidia Corporation (NVDA) at 5.2%, Apple Inc (AAPL) at 4.8% and Microsoft Corp (MSFT) at 3.3%.

What did California Public Employees Retirement System buy last quarter?

In Q2 2026, California Public Employees Retirement System added Ishares Tr (IVV) (+1097.6% shares), Kla Corp (KLAC) (+890.8% shares) and Palantir Technologies Inc (PLTR) (+21.0% shares), compared with its Q1 2026 filing.

What did California Public Employees Retirement System sell last quarter?

In Q2 2026, California Public Employees Retirement System cut from its top 50 Mcdonalds Corp (MCD), cut from its top 50 International Business Machs (IBM), cut from its top 50 Rtx Corporation (RTX), cut from its top 50 Pepsico Inc (PEP), cut from its top 50 Gilead Sciences Inc (GILD), Cisco Sys Inc (CSCO) (-41.3% shares), Lam Research Corp (LRCX) (-37.9% shares) and Nvidia Corporation (NVDA) (-32.6% shares), compared with its Q1 2026 filing.

How has California Public Employees Retirement System's portfolio performed?

A portfolio copying California Public Employees Retirement System's 20 largest 13F holdings each quarter, from the day each filing was public, returned +24.6% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +19.8% against +20.1%. Over 5 years: +14.7% a year against +11.6%.

When is California Public Employees Retirement System's next 13F filing due?

13F filings are due 45 days after each quarter ends. California Public Employees Retirement System's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.