California Public Employees Retirement System
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), California Public Employees Retirement System reported 1,146 stock positions worth $142.9 billion. Its top holding was Apple (AAPL) at 6.4% of the portfolio, followed by Microsoft (MSFT, 5.9%) and Nvidia (NVDA, 5.6%). Compared with Q2 2024, it opened 20 new positions, sold out of 42, added to 471 and reduced 652. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale Tesla (TSLA, shares −48%).
- Most Recent 13F
- Q2 2026
- Location
- Sacramento, CA
- CIK
- 0000919079
- Portfolio Value
- $142.9B (Q3 2024)
- SEC Filing
- 0000919079-24-000014 ↗ filed Nov 13, 2024
Holdings Value
Holdings 1,146 stocks · $142.9B
| AAPL Apple Inc. | 6.36% | 39,009,001 | $9.1B | Add +0.8% |
| MSFT Microsoft Corp. | 5.93% | 19,688,288 | $8.5B | Add +1.1% |
| NVDA Nvidia Corp. | 5.55% | 65,339,258 | $7.9B | Add +3.7% |
| AMZN Amazon.com Inc. | 2.24% | 17,174,949 | $3.2B | Reduce -3.4% |
| META Meta Platforms Inc. Class A | 2.07% | 5,180,579 | $3.0B | Add +1.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.58% | 4,917,958 | $2.3B | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 1.58% | 13,637,319 | $2.3B | Add +4.2% |
| AVGO Broadcom Inc. | 1.52% | 12,557,338 | $2.2B | Add +3.2% |
| GOOG Alphabet Inc. Class C | 1.37% | 11,680,637 | $2.0B | Add +3.0% |
| LLY Eli Lilly & Co. | 1.20% | 1,936,087 | $1.7B | Reduce -5.5% |
| UNH Unitedhealth Group Inc. | 1.08% | 2,644,468 | $1.5B | Reduce -1.1% |
| PG The Procter & Gamble Co. | 1.03% | 8,505,949 | $1.5B | Reduce -3.6% |
| COST Costco Wholesale Corp. | 1.00% | 1,608,015 | $1.4B | Add +25.7% |
| JNJ Johnson & Johnson | 1.00% | 8,793,492 | $1.4B | Reduce -2.8% |
| JPM JPMorgan Chase & Co. | 0.95% | 6,470,897 | $1.4B | Add +1.4% |
| PEP Pepsico Inc. | 0.93% | 7,785,838 | $1.3B | Reduce -11.1% |
| TSLA Tesla Inc. | 0.89% | 4,852,023 | $1.3B | Reduce -47.9% |
| WMT Walmart Inc. | 0.85% | 14,968,332 | $1.2B | Reduce -14.1% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.79% | 5,107,916 | $1.1B | Reduce -2.8% |
| ABBV Abbvie Inc. | 0.77% | 5,543,290 | $1.1B | Reduce -11.3% |
| MRK Merck & Co. Inc. | 0.74% | 9,294,053 | $1.1B | Reduce -3.2% |
| XOM Exxon Mobil Corp. | 0.73% | 8,868,091 | $1.0B | Add +2.2% |
| HD Home Depot Inc. | 0.70% | 2,458,052 | $996.0M | Reduce -10.8% |
| V Visa Inc. Class A | 0.70% | 3,613,729 | $993.6M | Reduce -1.9% |
| MCD McDonald's Corp. | 0.67% | 3,167,778 | $964.6M | Reduce -10.2% |
| MA Mastercard Inc. Class A | 0.66% | 1,922,662 | $949.4M | Reduce -7.3% |
| TXN Texas Instruments Inc. | 0.59% | 4,093,084 | $845.5M | Reduce -18.0% |
| KO The Coca-Cola Co. | 0.57% | 11,381,010 | $817.8M | Reduce -2.2% |
| CSCO Cisco Systems Inc. | 0.57% | 15,222,727 | $810.2M | Reduce -13.7% |
| ORCL Oracle Corp. | 0.55% | 4,627,363 | $788.5M | Add +0.8% |
| AMGN Amgen Inc. | 0.50% | 2,218,235 | $714.7M | Reduce -16.7% |
| AMAT Applied Materials Inc. | 0.48% | 3,424,385 | $691.9M | Add +50.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.48% | 17,166,747 | $681.2M | Add +5.4% |
| VZ Verizon Communications Inc. | 0.47% | 14,871,045 | $667.9M | Add +7.1% |
| T AT&T Inc. | 0.45% | 29,461,360 | $648.1M | Add +28.2% |
| PGR Progressive Corp. | 0.44% | 2,455,239 | $623.0M | Reduce -3.3% |
| ACN Accenture PLC Class A | 0.43% | 1,735,285 | $613.4M | Reduce -15.5% |
| CRM Salesforce Inc. | 0.42% | 2,203,841 | $603.2M | Add +15.9% |
| QCOM Qualcomm Inc. | 0.41% | 3,452,285 | $587.1M | Reduce -2.7% |
| ADP Automatic Data Processing | 0.40% | 2,066,558 | $571.9M | Add +17.1% |
| NFLX Netflix Inc. | 0.38% | 773,437 | $548.6M | Reduce -0.3% |
| TMO Thermo Fisher Scientific Inc. | 0.36% | 843,248 | $521.6M | Reduce -12.8% |
| AMD Advanced Micro Devices | 0.36% | 3,132,496 | $514.0M | Reduce -1.0% |
| GILD Gilead Sciences Inc. | 0.36% | 6,089,766 | $510.6M | Reduce -4.5% |
| MRSH Marsh & McLennan Cos | 0.35% | 2,249,371 | $501.8M | Reduce -5.1% |
| ADBE Adobe Inc. | 0.35% | 960,158 | $497.2M | Reduce -5.0% |
| BRK.A Berkshire Hathaway Inc. Class A | 0.35% | 715 | $494.2M | Reduce -0.1% |
| RTX RTX Corp. | 0.33% | 3,873,464 | $469.3M | Reduce -4.4% |
| LMT Lockheed Martin Corp. | 0.33% | 800,303 | $467.8M | Reduce -3.8% |
| PFE Pfizer Inc. | 0.33% | 16,103,076 | $466.0M | Reduce -2.1% |
| TMUS T-Mobile US Inc. | 0.32% | 2,231,730 | $460.5M | Reduce -4.8% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.32% | 4,766,191 | $458.5M | Reduce -8.2% |
| NEE Nextera Energy Inc. | 0.32% | 5,392,977 | $455.9M | Reduce -17.5% |
| SO The Southern Co. | 0.32% | 5,040,024 | $454.5M | Reduce -4.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.31% | 967,851 | $450.1M | Reduce -4.4% |
| CVX Chevron Corp. | 0.31% | 3,048,714 | $449.0M | Reduce -1.5% |
| ABT Abbott Laboratories | 0.31% | 3,916,644 | $446.5M | Add +0.7% |
| LIN Linde PLC | 0.31% | 934,735 | $445.7M | Add +10.6% |
| NOW ServiceNow Inc. | 0.31% | 493,100 | $441.0M | Reduce -2.7% |
| BMY Bristol-Myers Squibb Co. | 0.30% | 8,326,535 | $430.8M | Reduce -4.5% |
| WFC Wells Fargo & Co. | 0.30% | 7,580,277 | $428.2M | Reduce -1.5% |
| INTU Intuit Inc. | 0.30% | 684,168 | $424.9M | Reduce -1.9% |
| CMCSA Comcast Corp. Class A | 0.29% | 10,045,938 | $419.6M | Reduce -3.4% |
| ELV Elevance Health Inc. | 0.29% | 793,915 | $412.8M | Add +21.9% |
| DUK Duke Energy Corp. | 0.29% | 3,567,239 | $411.3M | Reduce -4.8% |
| FISV Fiserv Inc. | 0.29% | 2,273,660 | $408.5M | Reduce -6.7% |
| MU Micron Technology Inc. | 0.28% | 3,916,791 | $406.2M | Add +5.8% |
| DHR Danaher Corp. | 0.28% | 1,446,614 | $402.2M | Reduce -0.8% |
| CL Colgate-Palmolive Co. | 0.28% | 3,857,086 | $400.4M | Reduce -3.8% |
| REGN Regeneron Pharmaceuticals | 0.27% | 371,638 | $390.7M | Reduce -1.4% |
| CB Chubb Ltd. | 0.27% | 1,335,771 | $385.2M | Reduce -2.9% |
| WM Waste Management Inc. | 0.27% | 1,843,885 | $382.8M | Reduce -5.3% |
| GE General Electric filed as GE AEROSPACE | 0.27% | 2,010,138 | $379.1M | Reduce -26.3% |
| MDLZ Mondelez International Inc. Class A | 0.26% | 5,131,135 | $378.0M | Reduce -5.0% |
| ORLY O'reilly Automotive Inc. | 0.26% | 325,410 | $374.7M | Add +15.8% |
| APH Amphenol Corp. Class A | 0.26% | 5,691,021 | $370.8M | Reduce -2.7% |
| ADI Analog Devices Inc. | 0.26% | 1,610,408 | $370.7M | Add +0.6% |
| LOW Lowe's Cos Inc. | 0.26% | 1,345,713 | $364.5M | Reduce -5.4% |
| AMT American Tower Corp. | 0.25% | 1,566,003 | $364.2M | Reduce -16.6% |
| SPGI S&P Global Inc. | 0.25% | 703,994 | $363.7M | Add +0.2% |
| CME Cme Group Inc. | 0.25% | 1,646,714 | $363.3M | Reduce -4.4% |
| CAT Caterpillar Inc. | 0.25% | 927,931 | $362.9M | Reduce -1.0% |
| ICE Intercontinental Exchange Inc. | 0.25% | 2,257,307 | $362.6M | Reduce -3.9% |
| AXP American Express Co. | 0.25% | 1,335,349 | $362.1M | Reduce -9.1% |
| MSI Motorola Solutions Inc. | 0.24% | 750,207 | $337.3M | Reduce -6.6% |
| UNP Union Pacific Corp. | 0.23% | 1,335,647 | $329.2M | Reduce -0.2% |
| NOC Northrop Grumman Corp. | 0.23% | 610,335 | $322.3M | Reduce -5.6% |
| BDX Becton Dickinson and Co. | 0.22% | 1,327,215 | $320.0M | Reduce -5.6% |
| MCK McKesson Corp. | 0.22% | 643,833 | $318.3M | Add +10.8% |
| INTC Intel Corp. | 0.22% | 13,374,483 | $313.8M | Reduce -5.5% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.22% | 2,649,101 | $311.4M | Add +0.8% |
| EQIX Equinix Inc. | 0.22% | 348,538 | $309.4M | Reduce -13.1% |
| DE Deere & Co. | 0.22% | 737,955 | $308.0M | Add +35.2% |
| PLD Prologis Inc. | 0.21% | 2,404,954 | $303.7M | Add +26.9% |
| NXPI NXP Semiconductors NV | 0.21% | 1,254,393 | $301.1M | Add +170.3% |
| ISRG Intuitive Surgical Inc. | 0.21% | 606,559 | $298.0M | Add +1.0% |
| TGT Target Corp. | 0.21% | 1,890,718 | $294.7M | Add +33.3% |
| AON Aon PLC Class A | 0.20% | 843,331 | $291.8M | Reduce -5.1% |
| GS Goldman Sachs Group Inc. | 0.20% | 586,206 | $290.2M | Reduce -10.6% |
| CI The Cigna Group | 0.20% | 827,952 | $286.8M | Reduce -2.9% |
Portfolio Sells Q2 2024 → Q3 2024
| TSLA Tesla Inc. | Reduce -47.9% | 0.89% | −0.46 |
| AMZN Amazon.com Inc. | Reduce -3.4% | 2.24% | −0.28 |
| KLAC KLA Corp. | Reduce -44.6% | 0.17% | −0.17 |
| LLY Eli Lilly & Co. | Reduce -5.5% | 1.20% | −0.16 |
| PEP Pepsico Inc. | Reduce -11.1% | 0.93% | −0.13 |
| MRK Merck & Co. Inc. | Reduce -3.2% | 0.74% | −0.13 |
| TXN Texas Instruments Inc. | Reduce -18.0% | 0.59% | −0.12 |
| AMGN Amgen Inc. | Reduce -16.7% | 0.50% | −0.11 |
| QCOM Qualcomm Inc. | Reduce -2.7% | 0.41% | −0.11 |
| INTC Intel Corp. | Reduce -5.5% | 0.22% | −0.10 |
| SBUX Starbucks Corp. | Reduce -53.1% | 0.11% | −0.08 |
| UPS United Parcel Service Class B | Reduce -26.1% | 0.18% | −0.08 |
| ADBE Adobe Inc. | Reduce -5.0% | 0.35% | −0.06 |
| HON Honeywell International Inc. | Reduce -17.5% | 0.19% | −0.06 |
| DIS The Walt Disney Co. | Reduce -8.2% | 0.32% | −0.06 |
| LRCX Lam Research Corp. | Reduce -4.4% | 0.13% | −0.06 |
| MDT Medtronic PLC | Reduce -31.1% | 0.16% | −0.05 |
| GE General Electric | Reduce -26.3% | 0.27% | −0.05 |
| CSCO Cisco Systems Inc. | Reduce -13.7% | 0.57% | −0.05 |
| MRNA Moderna Inc. | Reduce -12.8% | 0.04% | −0.05 |
| SNPS Synopsys Inc. | Reduce -3.9% | 0.16% | −0.05 |
| CVX Chevron Corp. | Reduce -1.5% | 0.31% | −0.04 |
| INTU Intuit Inc. | Reduce -1.9% | 0.30% | −0.04 |
| PG The Procter & Gamble Co. | Reduce -3.6% | 1.03% | −0.04 |
| WM Waste Management Inc. | Reduce -5.3% | 0.27% | −0.04 |
| WFC Wells Fargo & Co. | Reduce -1.5% | 0.30% | −0.04 |
| SWKS Skyworks Solutions Inc. | Reduce -55.1% | 0.02% | −0.03 |
| VRTX Vertex Pharmaceuticals Inc. | Reduce -4.4% | 0.31% | −0.03 |
| APH Amphenol Corp. Class A | Reduce -2.7% | 0.26% | −0.03 |
| ACN Accenture PLC Class A | Reduce -15.5% | 0.43% | −0.03 |
| SMCI Super Micro Computer Inc. | Reduce -1.0% | 0.03% | −0.03 |
| TMO Thermo Fisher Scientific Inc. | Reduce -12.8% | 0.36% | −0.03 |
| HUM Humana Inc. | Reduce -1.8% | 0.10% | −0.03 |
| COP Conocophillips | Reduce -2.0% | 0.15% | −0.02 |
| LW Lamb Weston Holdings Inc. | Reduce -63.1% | 0.01% | −0.02 |
| BA The Boeing Co. | Reduce -1.4% | 0.08% | −0.02 |
| NEE Nextera Energy Inc. | Reduce -17.5% | 0.32% | −0.02 |
| ABBV Abbvie Inc. | Reduce -11.3% | 0.77% | −0.02 |
| ROP Roper Technologies Inc. | Reduce -3.5% | 0.20% | −0.02 |
| MPWR Monolithic Power Systems Inc. | Reduce -31.3% | 0.05% | −0.02 |
| WMT Walmart Inc. | Reduce -14.1% | 0.85% | −0.02 |
| WRK Westrock Co. | Sold out | 0.00% | −0.02 |
| REGN Regeneron Pharmaceuticals | Reduce -1.4% | 0.27% | −0.02 |
| BDX Becton Dickinson and Co. | Reduce -5.6% | 0.22% | −0.02 |
| AMD Advanced Micro Devices | Reduce -1.0% | 0.36% | −0.02 |
| CDW CDW Corp. | Reduce -12.3% | 0.09% | −0.02 |
| DPZ Domino's Pizza Inc. | Reduce -4.5% | 0.05% | −0.02 |
| VLO Valero Energy Corp. | Reduce -4.8% | 0.06% | −0.02 |
| MRSH Marsh & McLennan Cos | Reduce -5.1% | 0.35% | −0.02 |
| GS Goldman Sachs Group Inc. | Reduce -10.6% | 0.20% | −0.01 |
Portfolio Buys Q2 2024 → Q3 2024
| AAPL Apple Inc. | Add +0.8% | 6.36% | +0.38 |
| COST Costco Wholesale Corp. | Add +25.7% | 1.00% | +0.20 |
| META Meta Platforms Inc. Class A | Add +1.7% | 2.07% | +0.19 |
| T AT&T Inc. | Add +28.2% | 0.45% | +0.13 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +0.7% | 1.58% | +0.13 |
| NXPI NXP Semiconductors NV | Add +170.3% | 0.21% | +0.12 |
| MCHP Microchip Technology Inc. | Add +231.4% | 0.18% | +0.12 |
| ADP Automatic Data Processing | Add +17.1% | 0.40% | +0.09 |
| AMAT Applied Materials Inc. | Add +50.6% | 0.48% | +0.09 |
| AVGO Broadcom Inc. | Add +3.2% | 1.52% | +0.08 |
| ORCL Oracle Corp. | Add +0.8% | 0.55% | +0.08 |
| DE Deere & Co. | Add +35.2% | 0.22% | +0.07 |
| CRM Salesforce Inc. | Add +15.9% | 0.42% | +0.06 |
| KKR KKR & Co. Inc. | Add +42.4% | 0.15% | +0.06 |
| APD Air Products & Chemicals Inc. | Add +88.0% | 0.12% | +0.06 |
| PLD Prologis Inc. | Add +26.9% | 0.21% | +0.06 |
| TGT Target Corp. | Add +33.3% | 0.21% | +0.05 |
| FERG Ferguson Enterprises Inc. | New | 0.05% | +0.05 |
| KVUE Kenvue Inc. | New | 0.05% | +0.05 |
| CTAS Cintas Corp. | Add +46.1% | 0.13% | +0.05 |
| GIS General Mills Inc. | Add +23.8% | 0.18% | +0.05 |
| VZ Verizon Communications Inc. | Add +7.1% | 0.47% | +0.05 |
| ORLY O'reilly Automotive Inc. | Add +15.8% | 0.26% | +0.04 |
| WDAY Workday Inc. Class A | Add +63.7% | 0.10% | +0.04 |
| KHC The Kraft Heinz Co. | Add +35.2% | 0.14% | +0.04 |
| LIN Linde PLC | Add +10.6% | 0.31% | +0.04 |
| ODFL Old Dominion Freight Line | Add +73.7% | 0.08% | +0.04 |
| OTIS Otis Worldwide Corp. | Add +73.8% | 0.09% | +0.04 |
| DELL Dell Technologies -C | New | 0.04% | +0.04 |
| HPQ HP Inc. | Add +32.3% | 0.16% | +0.04 |
| ELV Elevance Health Inc. | Add +21.9% | 0.29% | +0.03 |
| GEN Gen Digital Inc. | Add +133.2% | 0.05% | +0.03 |
| NKE Nike Inc. Class B | Add +9.3% | 0.15% | +0.03 |
| EOG EOG Resources Inc. | Add +35.6% | 0.12% | +0.03 |
| SPGI S&P Global Inc. | Add +0.2% | 0.25% | +0.02 |
| PYPL PayPal Holdings Inc. | Add +0.3% | 0.10% | +0.02 |
| SHW The Sherwin-Williams Co. | Add +0.4% | 0.12% | +0.02 |
| CYBR Cyberark Software Ltd./Israel | Add +142.7% | 0.04% | +0.02 |
| MELI MercadoLibre Inc. | Add +0.8% | 0.12% | +0.02 |
| ANET Arista Networks Inc. | Add +9.7% | 0.14% | +0.02 |
| JCI Johnson Controls Internation | Add +15.7% | 0.08% | +0.02 |
| ECL Ecolab Inc. | Add +18.1% | 0.10% | +0.02 |
| CVLT Commvault Systems Inc. | New | 0.02% | +0.02 |
| ABT Abbott Laboratories | Add +0.7% | 0.31% | +0.02 |
| TSN Tyson Foods Inc. Class A | Add +39.6% | 0.05% | +0.01 |
| APP AppLovin Corp. Class A | Add +0.6% | 0.04% | +0.01 |
| WELL Welltower Inc. | Add +1.6% | 0.09% | +0.01 |
| EA Electronic Arts Inc. | Add +12.9% | 0.15% | +0.01 |
| NDAQ Nasdaq Inc. | Add +2.7% | 0.09% | +0.01 |
| DT Dynatrace Inc. | Add +21.1% | 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 |