Research report
CalPERS Q4 2025 13F Holdings and Activity Report
Verified Q4 2025 13F holdings for CalPERS, covering institutional activity, data dates, SEC sources, filing limits, and methods.
CalPERS
CalPERS
Period
Q2 2026
Portfolio Date
Jun 30, 2026
Stocks Held
1,059
Market Value
$177.4B
Holdings Value Trend
Q3 2024
Q4 2024
Q1 2025
Q2 2025
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Top 5 Holdings
$ETF-VOO
Vanguard S&P 500 ETF
11.9%
% of Portfolio
$ETF-IVV
iShares Core S&P 500 ETF
6.4%
% of Portfolio
$NVDA
NVIDIA Corporation
5.2%
% of Portfolio
$AAPL
Apple Inc.
4.8%
% of Portfolio
$MSFT
Microsoft Corporation
3.3%
% of Portfolio
Historical Positions
| Symbol | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|
| ETF-VOO | 11.9% | 12.4% | 11.3% | 9.5% |
| ETF-IVV | 6.4% | - | - | - |
| NVDA | 5.2% | 7.3% | 8.1% | 7.4% |
| AAPL | 4.8% | 5.9% | 5.7% | 5.4% |
| MSFT | 3.3% | 5.0% | 5.8% | 6.0% |
| AVGO | 2.7% | 2.5% | 2.7% | 2.3% |
| AMZN | 2.5% | 2.8% | 2.6% | 2.5% |
| GOOGL | 2.4% | 2.6% | 2.8% | 2.0% |
| GOOG | 1.9% | 1.8% | 2.2% | 1.6% |
| MU | 1.6% | - | - | - |
Post-Filing Contributors
Price change since reported price, ranked by portfolio contribution
Post-Filing Detractors
Price change since reported price, ranked by portfolio contribution
Sector Analysis
All Holdings
$ETF-VOO
11.9%
$ETF-IVV
6.4%
$NVDA
5.2%
$AAPL
4.8%
$MSFT
3.3%
$AVGO
2.7%
$AMZN
2.5%
$GOOGL
2.4%
$GOOG
1.9%
$MU
1.6%
$META
1.6%
$TSLA
1.3%
$ETF-JPHY
1.1%
$JPM
1.0%
$AMD
1.0%
$KLAC
1.0%
$LLY
1.0%
$LRCX
0.9%
$AMAT
0.9%
$BRK.B
0.7%
$JNJ
0.7%
$INTC
0.7%
$WMT
0.7%
$XOM
0.6%
$V
0.6%
$CAT
0.6%
$MA
0.6%
$COST
0.5%
$BAC
0.5%
$ABBV
0.5%
$CSCO
0.5%
$UNH
0.5%
$C
0.5%
$PG
0.4%
$GE
0.4%
$SNDK
0.4%
$KO
0.4%
$MRK
0.4%
$GS
0.4%
$STX
0.4%
$HD
0.4%
$GEV
0.4%
$CVX
0.3%
$WFC
0.3%
$MRVL
0.3%
$NFLX
0.3%
$PLTR
0.3%
$AMGN
0.3%
$VZ
0.3%
$WDC
0.3%