13F Portfolio
CalPERS 13F Holdings
California Public Employees Retirement System
CalPERS is a large U.S. public pension fund with diversified public equity exposure.
Pensions and sovereign fundsCIK 0000919079
Reported value
$175B
as of 2025-12-31
Previous value
$167B
as of 2025-09-30
Top holding
VOO
11.33% of reported value
Top 10 weight
44.82%
Based on 2025-12-31
Holdings
Top reported positions
| Ticker | Issuer | Weight | Value | Shares | Change |
|---|---|---|---|---|---|
| VOO | VOO | 11.33% | $19.8B | 31,586,839 | +21.7% |
| NVDA | NVDA | 8.14% | $14.2B | 76,375,762 | +15.6% |
| MSFT | MSFT | 5.84% | $10.2B | 21,124,113 | +8.9% |
| AAPL | AAPL | 5.65% | $9.89B | 36,375,266 | +3.1% |
| GOOGL | GOOGL | 2.75% | $4.81B | 15,378,439 | +9.2% |
| AVGO | AVGO | 2.69% | $4.71B | 13,616,185 | +17.4% |
| AMZN | AMZN | 2.65% | $4.63B | 20,049,877 | +4.2% |
| GOOG | GOOG | 2.21% | $3.87B | 12,344,566 | +8.9% |
| META | META | 2.20% | $3.84B | 5,824,493 | -1.7% |
| TSLA | TSLA | 1.35% | $2.35B | 5,231,555 | +0.4% |
Movement
Major changes
Q
Q
New
0.02%
SOLS
SOLS
New
<0.01%
RKT
RKT
New
<0.01%
FG
FG
New
<0.01%
COOP
COOP
Sold out
0.00%
Breakdown
Sector exposure
Technology39.68%
Unknown12.60%
Consumer Discretionary10.58%
Health Care8.13%
Finance8.04%
Industrials7.43%
Real Estate3.86%
Utilities2.40%
Breakdown
Industry exposure
Computer Software16.57%
Semiconductors12.95%
Unknown12.60%
Computer Manufacturing6.27%
Biotechnology5.69%
Major Banks3.50%
Catalog/Specialty Distribution2.70%
Industrial Machinery/Components2.38%
What this page shows
The holdings table reflects securities reported in the manager's Form 13F information table for 2025-12-31.
Values are reported public disclosure values and may differ from current market values or internal portfolio weights.
13F filings are delayed and do not include every asset class, short position, or private investment.