CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Q2 2025 Filing

Filed August 13, 2025

Portfolio Value

$157.0T

Holdings

1,114

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (1,114 positions)

#StockSharesValue% PortfolioType
1
VOOVANGUARD INDEX FDS
25,883,852$14.7T9.37%
2
MSFTMICROSOFT CORP
21,807,466$10.8T6.91%
3
NVDANVIDIA CORPORATION
64,728,856$10.2T6.51%
4
AAPLAPPLE INC
36,643,039$7.5T4.79%
5
AMZNAMAZON COM INC
18,504,621$4.1T2.59%
6
METAMETA PLATFORMS INC
5,400,812$4.0T2.54%
7
AVGOBROADCOM INC
11,177,064$3.1T1.96%
8
GOOGLALPHABET INC
14,595,659$2.6T1.64%
9
GOOGALPHABET INC
11,921,441$2.1T1.35%
10
BRK/BBERKSHIRE HATHAWAY INC DEL
4,265,498$2.1T1.32%
11
JPHYJ P MORGAN EXCHANGE TRADED F
39,896,037$2.0T1.29%
12
TSLATESLA INC
5,068,746$1.6T1.03%
13
JPMJPMORGAN CHASE & CO.
5,532,836$1.6T1.02%
14
LLYELI LILLY & CO
2,009,974$1.6T1.00%
15
VVISA INC
3,592,450$1.3T0.81%
16
JNJJOHNSON & JOHNSON
7,643,947$1.2T0.74%
17
IBMINTERNATIONAL BUSINESS MACHS
3,735,746$1.1T0.70%
18
PGPROCTER AND GAMBLE CO
6,866,790$1.1T0.70%
19
WMTWALMART INC
11,048,690$1.1T0.69%
20
MAMASTERCARD INCORPORATED
1,850,799$1.0T0.66%
21
NFLXNETFLIX INC
766,778$1.0T0.65%
22
COSTCOSTCO WHSL CORP NEW
1,024,630$1.0T0.65%
23
BACVERIZON COMMUNICATIONS INC
21,159,040$915.6B0.58%
24
ABBVABBVIE INC
4,890,752$907.8B0.58%
25
XOMEXXON MOBIL CORP
7,983,097$860.6B0.55%
26
CSCOCISCO SYS INC
12,179,254$845.0B0.54%
27
BACBANK AMERICA CORP
17,362,631$821.6B0.52%
28
HDHOME DEPOT INC
2,146,896$787.1B0.50%
29
KOCOCA COLA CO
11,097,316$785.1B0.50%
30
PEPPEPSICO INC
5,490,959$725.0B0.46%
31
MCDMCDONALDS CORP
2,477,259$723.8B0.46%
32
INTUINTUIT
860,698$677.9B0.43%
33
UNHUNITEDHEALTH GROUP INC
2,162,250$674.6B0.43%
34
ACNACCENTURE PLC IRELAND
2,219,023$663.2B0.42%
35
AMGNAMGEN INC
2,295,184$640.8B0.41%
36
ABTABBOTT LABS
4,612,836$627.4B0.40%
37
MRKMERCK & CO INC
7,677,010$607.7B0.39%
38
ORCLORACLE CORP
2,767,791$605.1B0.39%
39
TAT&T INC
19,859,521$574.7B0.37%
40
PGRPROGRESSIVE CORP
2,129,776$568.4B0.36%
41
RTXRTX CORPORATION
3,762,290$549.4B0.35%
42
CRMSALESFORCE INC
1,977,891$539.4B0.34%
43
NEENEXTERA ENERGY INC
7,188,654$499.0B0.32%
44
WFCWELLS FARGO CO NEW
6,196,782$496.5B0.32%
45
BRK-BBERKSHIRE HATHAWAY INC DEL
681$496.3B0.32%
46
TXNTEXAS INSTRS INC
2,384,966$495.2B0.32%
47
GEGE AEROSPACE
1,909,722$491.5B0.31%
48
PLTRPALANTIR TECHNOLOGIES INC
3,594,493$490.0B0.31%
49
QCOMQUALCOMM INC
2,961,706$471.7B0.30%
50
GILDGILEAD SCIENCES INC
4,175,572$462.9B0.29%
51
APHAMPHENOL CORP NEW
4,669,081$461.1B0.29%
52
LINLINDE PLC
949,776$445.6B0.28%
53
AMATAPPLIED MATLS INC
2,380,485$435.8B0.28%
54
ADPAUTOMATIC DATA PROCESSING IN
1,412,026$435.5B0.28%
55
PANWPALO ALTO NETWORKS INC
2,104,939$430.8B0.27%
56
AMDADVANCED MICRO DEVICES INC
3,032,884$430.4B0.27%
57
DEDEERE & CO
831,301$422.7B0.27%
58
CVXCHEVRON CORP NEW
2,855,790$408.9B0.26%
59
TMUST-MOBILE US INC
1,714,225$408.4B0.26%
60
GSGOLDMAN SACHS GROUP INC
569,386$403.0B0.26%
61
KLACKLA CORP
446,528$400.0B0.25%
62
MRSHMARSH & MCLENNAN COS INC
1,822,252$398.4B0.25%
63
DISDISNEY WALT CO
3,138,713$389.2B0.25%
64
SOSOUTHERN CO
4,197,343$385.4B0.25%
65
MCKMCKESSON CORP
512,057$375.2B0.24%
66
PFEPFIZER INC
15,213,538$368.8B0.23%
67
BSXBOSTON SCIENTIFIC CORP
3,411,074$366.4B0.23%
68
CMECME GROUP INC
1,329,187$366.4B0.23%
69
UBERUBER TECHNOLOGIES INC
3,910,484$364.8B0.23%
70
BKNGBOOKING HOLDINGS INC
62,479$361.7B0.23%
71
NOWSERVICENOW INC
348,348$358.1B0.23%
72
CBCHUBB LIMITED
1,227,592$355.7B0.23%
73
DUKDUKE ENERGY CORP NEW
2,946,412$347.7B0.22%
74
LMTLOCKHEED MARTIN CORP
725,902$336.2B0.21%
75
SPGIS&P GLOBAL INC
632,444$333.5B0.21%
76
ISRGINTUITIVE SURGICAL INC
602,140$327.2B0.21%
77
ICEINTERCONTINENTAL EXCHANGE IN
1,780,406$326.7B0.21%
78
ETNEATON CORP PLC
914,640$326.5B0.21%
79
CATCATERPILLAR INC
840,431$326.3B0.21%
80
VRTXVERTEX PHARMACEUTICALS INC
725,055$322.8B0.21%
81
CLCOLGATE PALMOLIVE CO
3,536,836$321.5B0.20%
82
AMTAMERICAN TOWER CORP NEW
1,426,963$315.4B0.20%
83
TMOTHERMO FISHER SCIENTIFIC INC
763,432$309.5B0.20%
84
AXPAMERICAN EXPRESS CO
967,534$308.6B0.20%
85
UNPUNION PAC CORP
1,310,230$301.5B0.19%
86
TRVCCITIGROUP INC
3,492,507$297.3B0.19%
87
CMCSACOMCAST CORP NEW
8,209,279$293.0B0.19%
88
INTCINTEL CORP
13,012,843$291.5B0.19%
89
SYKSTRYKER CORPORATION
731,453$289.4B0.18%
90
HONHONEYWELL INTL INC
1,239,996$288.8B0.18%
91
DWDMORGAN STANLEY
2,047,882$288.5B0.18%
92
WMWASTE MGMT INC DEL
1,260,051$288.3B0.18%
93
BMYBRISTOL-MYERS SQUIBB CO
6,184,260$286.3B0.18%
94
ADBEADOBE INC
738,477$285.7B0.18%
95
ORLYOREILLY AUTOMOTIVE INC
3,138,113$282.8B0.18%
96
MDTMEDTRONIC PLC
3,230,852$281.6B0.18%
97
TJXTJX COS INC NEW
2,267,071$280.0B0.18%
98
EAELECTRONIC ARTS INC
1,748,379$279.2B0.18%
99
SBUXSTARBUCKS CORP
3,027,814$277.4B0.18%
100
AJGGALLAGHER ARTHUR J & CO
858,170$274.7B0.18%
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