Latest CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Stock Portfolio

CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Performance:

2025 Q4: 2.01%YTD: 15.07%2024: 23.01%

Performance for 2025 Q4 is 2.01%, and YTD is 15.07%, and 2024 is 23.01%.

About CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM and 13F Hedge Fund Stock Holdings

On 2026-02-12, the fund reported it's updated stock portfolio. In the 13F Holdings report, California Public Employees Retirement System reported an equity portfolio of $174.9 Billions as of 31 Dec, 2025.

The top stock holdings of California Public Employees Retirement System are VB, NVDA, MSFT. The fund has invested 11.3% of it's portfolio in VANGUARD INDEX FDS and 8.1% of portfolio in NVIDIA CORPORATION.

The fund managers got completely rid off MR COOPER GROUP INC (COOP), KELLANOVA (K) and INTERPUBLIC GROUP COS INC (IPG) stocks. They significantly reduced their stock positions in LEXINFINTECH HLDGS LTD (LX), FINVOLUTION GROUP (FINV) and FLUTTER ENTMT PLC. California Public Employees Retirement System opened new stock positions in QNITY ELECTRONICS INC, ROCKET COS INC (RKT) and F&G ANNUITIES & LIFE INC (FG). The fund showed a lot of confidence in some stocks as they added substantially to TEXAS PACIFIC LAND CORPORATI (TPL), THE TRADE DESK INC (TTD) and MOLSON COORS BEVERAGE CO (TAP).

CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Annual Return Estimates Vs S&P 500

Our best estimate is that California Public Employees Retirement System made a return of 2.01% in the last quarter. In trailing 12 months, it's portfolio return was 15.07%.

Performance
S&P 500

New Buys

No new stocks were added by CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM

Additions

Ticker	% Inc.
the trade desk inc	149
molson coors beverage co	142
skyworks solutions inc	126
regions financial corp new	115
paccar inc	93.15
sandisk corp	68.56
best buy inc	47.81
hasbro inc	45.4

Additions to existing portfolio by CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM

Reductions

Ticker	% Reduced
flutter entmt plc	-62.56
electronic arts inc	-62.33
dupont de nemours inc	-57.56
teradyne inc	-56.28
lennar corp	-47.1
target corp	-43.84
microchip technology inc.	-43.48
united therapeutics corp del	-43.16

CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM reduced stake in above stock

Sold off

None of the stocks were completely sold off by CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM

Sector Distribution

California Public Employees Retirement System has about 32.7% of it's holdings in Technology sector.

Sector	%
Technology	32.7
Others	15.9
Communication Services	9.2
Financial Services	8.9
Healthcare	8.5
Consumer Cyclical	7.9
Industrials	6.2
Consumer Defensive	3.5
Utilities	2
Energy	2
Real Estate	1.8
Basic Materials	1.2

Market Cap. Distribution

California Public Employees Retirement System has about 81.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	51.6
LARGE-CAP	30.1
UNALLOCATED	15.9
MID-CAP	2.2

Stocks belong to which Index?

About 78.3% of the stocks held by California Public Employees Retirement System either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	77
Others	21.7
RUSSELL 2000	1.3

Top 5 Winners (%)		%
LITE	lumentum hldgs inc	102.6 %
EXAS	exact sciences corp	83.3 %
	sandisk corp	72.4 %
COHR	coherent corp	70.8 %
ALB	albemarle corp	64.1 %

Top 5 Winners ($)		$
GOOG	alphabet inc	1029.6 M
GOOG	alphabet inc	831.9 M
AAPL	apple inc	617.4 M
LLY	eli lilly & co	589.3 M
VB	vanguard index fds	424.4 M

Top 5 Losers (%)		%
TPL	texas pacific land corporati	-59.9 %
LRN	stride inc	-55.5 %
MSTR	strategy inc	-52.2 %
FMC	fmc corp	-51.7 %
MARA	mara holdings inc	-50.4 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-695.5 M
META	meta platforms inc	-436.4 M
ORCL	oracle corp	-271.0 M
NFLX	netflix inc	-210.4 M
HD	home depot inc	-137.8 M

CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM

California Public Employees Retirement System has 1085 stocks in it's portfolio. About 44.8% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for California Public Employees Retirement System last quarter.

Last Reported on: 12 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.04	583,936	79,456,200	reduced	-0.97

AAPL	apple inc	5.65	36,375,300	9,888,980,000	added	3.06

ABBV	abbvie inc	0.55	4,198,610	959,340,000	reduced	-15.35

ABC	cencora inc	0.10	494,689	167,081,000	reduced	-15.98

ABNB	airbnb inc	0.06	818,514	111,089,000	reduced	-25.08

ABT	abbott labs	0.37	5,206,580	652,332,000	added	29.74

ACGL	arch cap group ltd	0.06	1,121,120	107,538,000	reduced	-14.06

ACN	accenture plc ireland	0.25	1,650,560	442,846,000	reduced	-16.13

ADBE	adobe inc	0.22	1,113,270	389,634,000	added	13.03

ADI	analog devices inc	0.15	966,708	262,171,000	reduced	-0.39

ADM	archer daniels midland co	0.03	935,062	53,756,700	added	2.95

ADP	automatic data processing in	0.18	1,206,810	310,427,000	reduced	-27.82

ADSK	autodesk inc	0.10	598,377	177,126,000	reduced	-14.23

AEE	ameren corp	0.04	681,711	68,075,700	reduced	-19.49

AEP	american elec pwr co inc	0.12	1,870,140	215,646,000	added	13.1

AER	aercap holdings nv	0.03	312,232	44,886,500	reduced	-5.24

AFL	aflac inc	0.07	1,141,830	125,910,000	reduced	-8.41

AFRM	affirm hldgs inc	0.02	494,911	36,836,200	added	5.46

AIG	american intl group inc	0.06	1,126,560	96,377,000	reduced	-3.05

AIZ	assurant inc	0.02	142,400	34,297,000	reduced	-15.09