California Public Employees Retirement System
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), California Public Employees Retirement System reported 1,167 stock positions worth $136.3 billion. Its top holding was Microsoft (MSFT) at 6.4% of the portfolio, followed by Apple (AAPL, 6.0%) and Nvidia (NVDA, 5.7%). Compared with Q1 2024, it sold out of 5, added to 459 and reduced 704. The biggest buy was Apple (AAPL, shares +2%) and the biggest sale an exit from SS Financial Select Sector (XLF).
- Most Recent 13F
- Q2 2026
- Location
- Sacramento, CA
- CIK
- 0000919079
- Portfolio Value
- $136.3B (Q2 2024)
- SEC Filing
- 0000919079-24-000011 ↗ filed Aug 14, 2024
Holdings Value
Holdings 1,167 stocks · $136.3B
| MSFT Microsoft Corp. | 6.39% | 19,478,879 | $8.7B | Reduce -2.6% |
| AAPL Apple Inc. | 5.98% | 38,680,300 | $8.1B | Add +2.0% |
| NVDA Nvidia Corp. | 5.71% | 62,999,227 | $7.8B | Reduce -18.1% |
| AMZN Amazon.com Inc. | 2.52% | 17,781,839 | $3.4B | Add +3.1% |
| META Meta Platforms Inc. Class A | 1.88% | 5,092,057 | $2.6B | Reduce -4.9% |
| GOOGL Alphabet Inc. Class A | 1.75% | 13,093,568 | $2.4B | Add +9.2% |
| GOOG Alphabet Inc. Class C | 1.53% | 11,344,519 | $2.1B | Add +2.2% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.46% | 4,884,044 | $2.0B | Reduce -1.9% |
| AVGO Broadcom Inc. | 1.43% | 1,216,836 | $2.0B | Reduce -6.3% |
| LLY Eli Lilly & Co. | 1.36% | 2,049,616 | $1.9B | Reduce -1.2% |
| TSLA Tesla Inc. | 1.35% | 9,318,139 | $1.8B | Reduce -1.6% |
| PG The Procter & Gamble Co. | 1.07% | 8,823,311 | $1.5B | Reduce -7.1% |
| PEP Pepsico Inc. | 1.06% | 8,761,695 | $1.4B | Reduce -14.6% |
| UNH Unitedhealth Group Inc. | 1.00% | 2,674,215 | $1.4B | Reduce -10.1% |
| JNJ Johnson & Johnson | 0.97% | 9,047,045 | $1.3B | Reduce -15.0% |
| JPM JPMorgan Chase & Co. | 0.95% | 6,381,350 | $1.3B | Add +0.4% |
| MRK Merck & Co. Inc. | 0.87% | 9,596,918 | $1.2B | Reduce -12.8% |
| WMT Walmart Inc. | 0.86% | 17,418,276 | $1.2B | Reduce -16.8% |
| COST Costco Wholesale Corp. | 0.80% | 1,278,908 | $1.1B | Reduce -28.0% |
| ABBV Abbvie Inc. | 0.79% | 6,248,879 | $1.1B | Reduce -6.5% |
| XOM Exxon Mobil Corp. | 0.73% | 8,675,688 | $998.7M | Add +2.6% |
| TXN Texas Instruments Inc. | 0.71% | 4,993,486 | $971.4M | Add +2.3% |
| V Visa Inc. Class A | 0.71% | 3,685,181 | $967.2M | Reduce -6.3% |
| HD Home Depot Inc. | 0.70% | 2,756,933 | $949.0M | Reduce -26.8% |
| MA Mastercard Inc. Class A | 0.67% | 2,074,626 | $915.2M | Add +9.9% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.67% | 5,252,656 | $908.4M | Reduce -13.3% |
| MCD McDonald's Corp. | 0.66% | 3,528,544 | $899.2M | Reduce -16.3% |
| CSCO Cisco Systems Inc. | 0.61% | 17,631,051 | $837.7M | Reduce -9.6% |
| AMGN Amgen Inc. | 0.61% | 2,662,500 | $831.9M | Reduce -3.3% |
| KO The Coca-Cola Co. | 0.54% | 11,639,892 | $740.9M | Reduce -16.0% |
| QCOM Qualcomm Inc. | 0.52% | 3,548,965 | $706.9M | Reduce -12.5% |
| ORCL Oracle Corp. | 0.48% | 4,592,568 | $648.5M | Reduce -14.2% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.48% | 16,293,004 | $648.0M | Reduce -28.6% |
| ACN Accenture PLC Class A | 0.46% | 2,053,357 | $623.0M | Add +27.1% |
| VZ Verizon Communications Inc. | 0.42% | 13,880,287 | $572.4M | Reduce -11.3% |
| ADBE Adobe Inc. | 0.41% | 1,010,606 | $561.4M | Add +4.5% |
| AMAT Applied Materials Inc. | 0.39% | 2,273,057 | $536.4M | Reduce -0.5% |
| TMO Thermo Fisher Scientific Inc. | 0.39% | 966,700 | $534.6M | Reduce -8.2% |
| PGR Progressive Corp. | 0.39% | 2,537,729 | $527.1M | Reduce -11.2% |
| NFLX Netflix Inc. | 0.38% | 775,773 | $523.6M | Add +3.3% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.38% | 5,193,875 | $515.7M | Add +9.3% |
| AMD Advanced Micro Devices | 0.38% | 3,163,923 | $513.2M | Reduce -1.6% |
| MRSH Marsh & McLennan Cos | 0.37% | 2,370,939 | $499.6M | Reduce -24.1% |
| CRM Salesforce Inc. | 0.36% | 1,901,391 | $488.8M | Reduce -20.6% |
| MU Micron Technology Inc. | 0.36% | 3,703,863 | $487.2M | Reduce -2.2% |
| CVX Chevron Corp. | 0.35% | 3,094,552 | $484.0M | Reduce -16.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.35% | 1,012,058 | $474.4M | Reduce -14.3% |
| NEE Nextera Energy Inc. | 0.34% | 6,533,791 | $462.7M | Reduce -23.4% |
| PFE Pfizer Inc. | 0.34% | 16,446,332 | $460.2M | Reduce -7.2% |
| INTU Intuit Inc. | 0.34% | 697,472 | $458.4M | Add +11.0% |
| WFC Wells Fargo & Co. | 0.34% | 7,692,334 | $456.8M | Add +8.9% |
| KLAC KLA Corp. | 0.33% | 550,806 | $454.1M | Add +34.0% |
| T AT&T Inc. | 0.32% | 22,983,660 | $439.2M | Reduce -32.4% |
| INTC Intel Corp. | 0.32% | 14,157,099 | $438.4M | Reduce -10.6% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.32% | 716 | $438.4M | Add +4.1% |
| GILD Gilead Sciences Inc. | 0.32% | 6,373,763 | $437.3M | Reduce -15.7% |
| GE General Electric filed as GE AEROSPACE | 0.32% | 2,728,851 | $433.8M | Reduce -0.1% |
| ADP Automatic Data Processing | 0.31% | 1,765,224 | $421.3M | Reduce -16.7% |
| WM Waste Management Inc. | 0.30% | 1,946,022 | $415.2M | Reduce -18.1% |
| TMUS T-Mobile US Inc. | 0.30% | 2,344,337 | $413.0M | Reduce -22.0% |
| SO The Southern Co. | 0.30% | 5,295,081 | $410.7M | Reduce -16.6% |
| CMCSA Comcast Corp. Class A | 0.30% | 10,396,779 | $407.1M | Reduce -8.3% |
| RTX RTX Corp. | 0.30% | 4,050,529 | $406.6M | Add +13.9% |
| ABT Abbott Laboratories | 0.30% | 3,889,534 | $404.2M | Reduce -9.1% |
| NOW ServiceNow Inc. | 0.29% | 506,572 | $398.5M | Add +7.0% |
| REGN Regeneron Pharmaceuticals | 0.29% | 376,929 | $396.2M | Reduce -7.4% |
| APH Amphenol Corp. Class A | 0.29% | 5,851,252 | $394.2M | Reduce -14.7% |
| CL Colgate-Palmolive Co. | 0.29% | 4,009,136 | $389.0M | Reduce -16.6% |
| LMT Lockheed Martin Corp. | 0.28% | 831,512 | $388.4M | Reduce -19.4% |
| DUK Duke Energy Corp. | 0.28% | 3,746,354 | $375.5M | Reduce -17.0% |
| LIN Linde PLC | 0.27% | 845,371 | $371.0M | Reduce -24.3% |
| ADI Analog Devices Inc. | 0.27% | 1,600,855 | $365.4M | Reduce -26.7% |
| AMT American Tower Corp. | 0.27% | 1,876,746 | $364.8M | Add +2.8% |
| DHR Danaher Corp. | 0.27% | 1,457,747 | $364.2M | Reduce -5.3% |
| FISV Fiserv Inc. | 0.27% | 2,435,872 | $363.0M | Reduce -16.5% |
| BMY Bristol-Myers Squibb Co. | 0.27% | 8,715,947 | $362.0M | Reduce -12.5% |
| MDLZ Mondelez International Inc. Class A | 0.26% | 5,399,040 | $353.3M | Reduce -12.1% |
| ELV Elevance Health Inc. | 0.26% | 651,310 | $352.9M | Reduce -15.2% |
| CB Chubb Ltd. | 0.26% | 1,375,980 | $351.0M | Reduce -0.3% |
| UPS United Parcel Service Class B | 0.25% | 2,528,087 | $346.0M | Add +16.2% |
| AXP American Express Co. | 0.25% | 1,469,306 | $340.2M | Add +41.3% |
| MCK McKesson Corp. | 0.25% | 581,082 | $339.4M | Reduce -11.2% |
| CME Cme Group Inc. | 0.25% | 1,723,036 | $338.7M | Reduce -18.1% |
| HON Honeywell International Inc. | 0.25% | 1,572,802 | $335.9M | Reduce -4.7% |
| BDX Becton Dickinson and Co. | 0.24% | 1,405,720 | $328.5M | Reduce -16.9% |
| ICE Intercontinental Exchange Inc. | 0.24% | 2,348,795 | $321.5M | Reduce -7.7% |
| LOW Lowe's Cos Inc. | 0.23% | 1,421,949 | $313.5M | Add +32.8% |
| SPGI S&P Global Inc. | 0.23% | 702,335 | $313.2M | Add +8.2% |
| CAT Caterpillar Inc. | 0.23% | 937,341 | $312.2M | Add +0.6% |
| MSI Motorola Solutions Inc. | 0.23% | 803,528 | $310.2M | Reduce -17.4% |
| EQIX Equinix Inc. | 0.22% | 401,033 | $303.4M | Reduce -6.7% |
| UNP Union Pacific Corp. | 0.22% | 1,338,814 | $302.9M | Reduce -2.8% |
| ORLY O'reilly Automotive Inc. | 0.22% | 281,060 | $296.8M | Reduce -19.6% |
| GS Goldman Sachs Group Inc. | 0.22% | 655,417 | $296.5M | Reduce -9.0% |
| ROP Roper Technologies Inc. | 0.22% | 522,692 | $294.6M | Reduce -15.9% |
| CDNS Cadence Design SYS Inc. | 0.22% | 954,064 | $293.6M | Add +1.4% |
| MDT Medtronic PLC | 0.21% | 3,714,349 | $292.4M | Add +36.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.21% | 2,628,457 | $289.4M | Add +17.8% |
| CI The Cigna Group | 0.21% | 853,026 | $282.0M | Reduce -10.5% |
| NOC Northrop Grumman Corp. | 0.21% | 646,411 | $281.8M | Reduce -15.5% |
Portfolio Sells Q1 2024 → Q2 2024
| XLF SS Financial Select Sector | Sold out | 0.00% | −0.36 |
| HD Home Depot Inc. | Reduce -26.8% | 0.70% | −0.32 |
| JNJ Johnson & Johnson | Reduce -15.0% | 0.97% | −0.21 |
| PEP Pepsico Inc. | Reduce -14.6% | 1.06% | −0.20 |
| MCD McDonald's Corp. | Reduce -16.3% | 0.66% | −0.18 |
| INTC Intel Corp. | Reduce -10.6% | 0.32% | −0.17 |
| MRK Merck & Co. Inc. | Reduce -12.8% | 0.87% | −0.15 |
| CRM Salesforce Inc. | Reduce -20.6% | 0.36% | −0.15 |
| IBM Intl Business Machines Corp. | Reduce -13.3% | 0.67% | −0.15 |
| BAC Bank of America Corp. | Reduce -28.6% | 0.48% | −0.13 |
| COST Costco Wholesale Corp. | Reduce -28.0% | 0.80% | −0.12 |
| BMY Bristol-Myers Squibb Co. | Reduce -12.5% | 0.27% | −0.11 |
| T AT&T Inc. | Reduce -32.4% | 0.32% | −0.10 |
| LIN Linde PLC | Reduce -24.3% | 0.27% | −0.09 |
| MRSH Marsh & McLennan Cos | Reduce -24.1% | 0.37% | −0.09 |
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.08 |
| COP Conocophillips | Reduce -25.4% | 0.18% | −0.08 |
| WDAY Workday Inc. Class A | Reduce -46.0% | 0.06% | −0.07 |
| CME Cme Group Inc. | Reduce -18.1% | 0.25% | −0.07 |
| CSCO Cisco Systems Inc. | Reduce -9.6% | 0.61% | −0.07 |
| ABBV Abbvie Inc. | Reduce -6.5% | 0.79% | −0.07 |
| GILD Gilead Sciences Inc. | Reduce -15.7% | 0.32% | −0.07 |
| ADP Automatic Data Processing | Reduce -16.7% | 0.31% | −0.06 |
| V Visa Inc. Class A | Reduce -6.3% | 0.71% | −0.06 |
| MS Morgan Stanley | Reduce -31.3% | 0.18% | −0.06 |
| FISV Fiserv Inc. | Reduce -16.5% | 0.27% | −0.06 |
| ALL Allstate Corp. | Reduce -26.0% | 0.15% | −0.06 |
| ORLY O'reilly Automotive Inc. | Reduce -19.6% | 0.22% | −0.06 |
| CVX Chevron Corp. | Reduce -16.8% | 0.35% | −0.06 |
| AON Aon PLC Class A | Reduce -16.0% | 0.19% | −0.06 |
| FAST Fastenal Co. | Reduce -17.9% | 0.13% | −0.06 |
| BDX Becton Dickinson and Co. | Reduce -16.9% | 0.24% | −0.05 |
| EMR Emerson Electric Co. | Reduce -41.0% | 0.08% | −0.05 |
| KO The Coca-Cola Co. | Reduce -16.0% | 0.54% | −0.05 |
| WM Waste Management Inc. | Reduce -18.1% | 0.30% | −0.05 |
| NOC Northrop Grumman Corp. | Reduce -15.5% | 0.21% | −0.05 |
| CMCSA Comcast Corp. Class A | Reduce -8.3% | 0.30% | −0.05 |
| ABT Abbott Laboratories | Reduce -9.1% | 0.30% | −0.05 |
| LMT Lockheed Martin Corp. | Reduce -19.4% | 0.28% | −0.04 |
| NEE Nextera Energy Inc. | Reduce -23.4% | 0.34% | −0.04 |
| MDLZ Mondelez International Inc. Class A | Reduce -12.1% | 0.26% | −0.04 |
| AZO AutoZone Inc. | Reduce -17.2% | 0.18% | −0.04 |
| TMUS T-Mobile US Inc. | Reduce -22.0% | 0.30% | −0.04 |
| VZ Verizon Communications Inc. | Reduce -11.3% | 0.42% | −0.04 |
| ABNB Airbnb Inc. Class A | Reduce -19.5% | 0.14% | −0.04 |
| CVS CVS Health Corp. | Reduce -4.0% | 0.12% | −0.04 |
| GIS General Mills Inc. | Reduce -18.7% | 0.13% | −0.04 |
| TMO Thermo Fisher Scientific Inc. | Reduce -8.2% | 0.39% | −0.04 |
| KR Kroger Co. | Reduce -16.7% | 0.12% | −0.04 |
| CI The Cigna Group | Reduce -10.5% | 0.21% | −0.04 |
Portfolio Buys Q1 2024 → Q2 2024
| AAPL Apple Inc. | Add +2.0% | 5.98% | +1.40 |
| GOOGL Alphabet Inc. Class A | Add +9.2% | 1.75% | +0.48 |
| GOOG Alphabet Inc. Class C | Add +2.2% | 1.53% | +0.34 |
| AMZN Amazon.com Inc. | Add +3.1% | 2.52% | +0.33 |
| KLAC KLA Corp. | Add +34.0% | 0.33% | +0.13 |
| TXN Texas Instruments Inc. | Add +2.3% | 0.71% | +0.11 |
| AXP American Express Co. | Add +41.3% | 0.25% | +0.08 |
| ADSK Autodesk Inc. | Add +92.5% | 0.17% | +0.08 |
| ON On Semiconductor | Add +257.1% | 0.11% | +0.08 |
| MSCI MSCI Inc. | Add +155.8% | 0.12% | +0.07 |
| ADBE Adobe Inc. | Add +4.5% | 0.41% | +0.07 |
| NFLX Netflix Inc. | Add +3.3% | 0.38% | +0.06 |
| ACN Accenture PLC Class A | Add +27.1% | 0.46% | +0.06 |
| RTX RTX Corp. | Add +13.9% | 0.30% | +0.05 |
| TJX TJX Companies Inc. | Add +17.8% | 0.21% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +0.4% | 0.95% | +0.05 |
| INTU Intuit Inc. | Add +11.0% | 0.34% | +0.05 |
| WFC Wells Fargo & Co. | Add +8.9% | 0.34% | +0.05 |
| MDT Medtronic PLC | Add +36.2% | 0.21% | +0.05 |
| HIG Hartford Insurance Group Inc. | Add +73.7% | 0.11% | +0.05 |
| XOM Exxon Mobil Corp. | Add +2.6% | 0.73% | +0.04 |
| NOW ServiceNow Inc. | Add +7.0% | 0.29% | +0.04 |
| LOW Lowe's Cos Inc. | Add +32.8% | 0.23% | +0.04 |
| MPWR Monolithic Power Systems Inc. | Add +51.7% | 0.07% | +0.04 |
| SPGI S&P Global Inc. | Add +8.2% | 0.23% | +0.04 |
| SWKS Skyworks Solutions Inc. | Add +137.8% | 0.06% | +0.03 |
| ANET Arista Networks Inc. | Add +7.3% | 0.12% | +0.03 |
| MA Mastercard Inc. Class A | Add +9.9% | 0.67% | +0.03 |
| ZM Zoom Communications Inc. | Add +164.9% | 0.05% | +0.03 |
| PDD PDD Holdings Inc. | Add +13.0% | 0.12% | +0.03 |
| KMI Kinder Morgan Inc. | Add +24.8% | 0.10% | +0.03 |
| PANW Palo Alto Networks Inc. | Add +0.8% | 0.14% | +0.03 |
| UPS United Parcel Service Class B | Add +16.2% | 0.25% | +0.03 |
| GWRE Guidewire Software Inc. | Add +148.9% | 0.04% | +0.03 |
| SBUX Starbucks Corp. | Add +28.4% | 0.19% | +0.02 |
| LNG Cheniere Energy Inc. | Add +28.3% | 0.07% | +0.02 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +0.8% | 0.11% | +0.02 |
| DT Dynatrace Inc. | Add +149.1% | 0.04% | +0.02 |
| STX Seagate Technology Holdings | Add +21.9% | 0.07% | +0.02 |
| BNY Bank of New York Mellon Corp. | Add +24.7% | 0.08% | +0.02 |
| ACGL Arch Capital Group Ltd. | Add +3.3% | 0.13% | +0.02 |
| TSN Tyson Foods Inc. Class A | Add +80.0% | 0.04% | +0.02 |
| WMB Williams Cos Inc. | Add +12.1% | 0.08% | +0.02 |
| ALNY Alnylam Pharmaceuticals Inc. | Add +0.6% | 0.04% | +0.02 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +26.5% | 0.05% | +0.02 |
| BRK.A Berkshire Hathaway Inc. Class A | Add +4.1% | 0.32% | +0.01 |
| AMT American Tower Corp. | Add +2.8% | 0.27% | +0.01 |
| MELI MercadoLibre Inc. | Add +2.0% | 0.10% | +0.01 |
| WELL Welltower Inc. | Add +3.1% | 0.08% | +0.01 |
| RGA Reinsurance Group of America | Add +20.6% | 0.05% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,061 | $177.4B | VOO, IVV, NVDA, AAPL, MSFT |
| Q1 2026 | 1,064 | $162.5B | VOO, NVDA, AAPL, MSFT, AMZN |
| Q4 2025 | 1,086 | $174.9B | VOO, NVDA, MSFT, AAPL, GOOGL |
| Q3 2025 | 1,089 | $167.0B | VOO, NVDA, MSFT, AAPL, META |
| Q2 2025 | 1,114 | $157.0B | VOO, MSFT, NVDA, AAPL, AMZN |
| Q1 2025 | 1,118 | $143.1B | VOO, AAPL, MSFT, NVDA, META |
| Q4 2024Amended | 1,142 | $149.5B | AAPL, VOO, MSFT, NVDA, AMZN |
| Q3 2024 | 1,146 | $142.9B | AAPL, MSFT, NVDA, AMZN, META |
| Q2 2024 | 1,167 | $136.3B | MSFT, AAPL, NVDA, AMZN, META |
| Q1 2024 | 1,169 | $142.2B | MSFT, NVDA, AAPL, AMZN, META |