Filed: 8/13/2025ACC: 0000919079-25-000010
📋 What this filing means
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM filed this quarterly 13F‑HR report disclosing 1114 equity positions with a total reported market value of $156.97B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
1114
Positions
$156.97B
Total AUM (reported)
1.13B
Total Shares
Allocation by class
COM$110.84B70.6%
S&P 500 ETF SHS$14.70B9.4%
CL A$10.07B6.4%
COM NEW$3.63B2.3%
CAP STK CL A$2.57B1.6%
SHS$2.23B1.4%
COM CL A$2.14B1.4%
Portfolio Concentration
Top 3$35.78B22.8%
4–10$25.40B16.2%
11–25$18.28B11.6%
Rest$77.51B49.4%
Top 3 weight
22.8%
Top 10 weight
39.0%
Voting Authority Distribution
Total shares with voting rights: 1.13B
Sole
Full voting authority
1.13B
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole1114
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings1114
Rows:
VANGUARD INDEX FDS
SOLEShares25.88M
TypeSH
Market value$14.70B
9.37%
Sole
25.88M
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares21.81M
TypeSH
Market value$10.85B
6.91%
Sole
21.81M
Shared
0.00
None
0.00
NVIDIA CORPORATION
SOLEShares64.73M
TypeSH
Market value$10.23B
6.51%
Sole
64.73M
Shared
0.00
None
0.00
APPLE INC
SOLEShares36.64M
TypeSH
Market value$7.52B
4.79%
Sole
36.64M
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares18.50M
TypeSH
Market value$4.06B
2.59%
Sole
18.50M
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares5.40M
TypeSH
Market value$3.99B
2.54%
Sole
5.40M
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares11.18M
TypeSH
Market value$3.08B
1.96%
Sole
11.18M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares14.60M
TypeSH
Market value$2.57B
1.64%
Sole
14.60M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares11.92M
TypeSH
Market value$2.11B
1.35%
Sole
11.92M
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares4.27M
TypeSH
Market value$2.07B
1.32%
Sole
4.27M
Shared
0.00
None
0.00
J P MORGAN EXCHANGE TRADED F
SOLEShares39.90M
TypeSH
Market value$2.02B
1.29%
Sole
39.90M
Shared
0.00
None
0.00
TESLA INC
SOLEShares5.07M
TypeSH
Market value$1.61B
1.03%
Sole
5.07M
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares5.53M
TypeSH
Market value$1.60B
1.02%
Sole
5.53M
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares2.01M
TypeSH
Market value$1.57B
1.00%
Sole
2.01M
Shared
0.00
None
0.00
VISA INC
SOLEShares3.59M
TypeSH
Market value$1.28B
0.81%
Sole
3.59M
Shared
0.00
None
0.00
JOHNSON & JOHNSON
SOLEShares7.64M
TypeSH
Market value$1.17B
0.74%
Sole
7.64M
Shared
0.00
None
0.00
INTERNATIONAL BUSINESS MACHS
SOLEShares3.74M
TypeSH
Market value$1.10B
0.70%
Sole
3.74M
Shared
0.00
None
0.00
PROCTER AND GAMBLE CO
SOLEShares6.87M
TypeSH
Market value$1.09B
0.70%
Sole
6.87M
Shared
0.00
None
0.00
WALMART INC
SOLEShares11.05M
TypeSH
Market value$1.08B
0.69%
Sole
11.05M
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares1.85M
TypeSH
Market value$1.04B
0.66%
Sole
1.85M
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares766.78K
TypeSH
Market value$1.03B
0.65%
Sole
766.78K
Shared
0.00
None
0.00
COSTCO WHSL CORP NEW
SOLEShares1.02M
TypeSH
Market value$1.01B
0.65%
Sole
1.02M
Shared
0.00
None
0.00
VERIZON COMMUNICATIONS INC
SOLEShares21.16M
TypeSH
Market value$915.55M
0.58%
Sole
21.16M
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares4.89M
TypeSH
Market value$907.82M
0.58%
Sole
4.89M
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares7.98M
TypeSH
Market value$860.58M
0.55%
Sole
7.98M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 25.88M | SH | $14.70B 9.37% | 25.88M | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 21.81M | SH | $10.85B 6.91% | 21.81M | 0.00 | 0.00 |
NVIDIA CORPORATIONSOLE | COM | 64.73M | SH | $10.23B 6.51% | 64.73M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 36.64M | SH | $7.52B 4.79% | 36.64M | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 18.50M | SH | $4.06B 2.59% | 18.50M | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 5.40M | SH | $3.99B 2.54% | 5.40M | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 11.18M | SH | $3.08B 1.96% | 11.18M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL A | 14.60M | SH | $2.57B 1.64% | 14.60M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 11.92M | SH | $2.11B 1.35% | 11.92M | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 4.27M | SH | $2.07B 1.32% | 4.27M | 0.00 | 0.00 |
J P MORGAN EXCHANGE TRADED FSOLE | ACTIVE HIGH YIEL | 39.90M | SH | $2.02B 1.29% | 39.90M | 0.00 | 0.00 |
TESLA INCSOLE | COM | 5.07M | SH | $1.61B 1.03% | 5.07M | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 5.53M | SH | $1.60B 1.02% | 5.53M | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 2.01M | SH | $1.57B 1.00% | 2.01M | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 3.59M | SH | $1.28B 0.81% | 3.59M | 0.00 | 0.00 |
JOHNSON & JOHNSONSOLE | COM | 7.64M | SH | $1.17B 0.74% | 7.64M | 0.00 | 0.00 |
INTERNATIONAL BUSINESS MACHSSOLE | COM | 3.74M | SH | $1.10B 0.70% | 3.74M | 0.00 | 0.00 |
PROCTER AND GAMBLE COSOLE | COM | 6.87M | SH | $1.09B 0.70% | 6.87M | 0.00 | 0.00 |
WALMART INCSOLE | COM | 11.05M | SH | $1.08B 0.69% | 11.05M | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 1.85M | SH | $1.04B 0.66% | 1.85M | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 766.78K | SH | $1.03B 0.65% | 766.78K | 0.00 | 0.00 |
COSTCO WHSL CORP NEWSOLE | COM | 1.02M | SH | $1.01B 0.65% | 1.02M | 0.00 | 0.00 |
VERIZON COMMUNICATIONS INCSOLE | COM | 21.16M | SH | $915.55M 0.58% | 21.16M | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 4.89M | SH | $907.82M 0.58% | 4.89M | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 7.98M | SH | $860.58M 0.55% | 7.98M | 0.00 | 0.00 |
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