CP
California Public Employees Retirement System 13F Filings & AI Analysis
California Public Employees Retirement SystemCIK: 0000919079
Diversified strategyMomentum followerLong-term holder
Total reported value
$162.5B
Reporting period: 2026-03-31 · Number of holdings: 1064
California Public Employees Retirement System disclosed 1064 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $162.5B and a quarterly turnover rate of 17.2%.
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Personality snowflake
- Concentration
- 12.52
- Portfolio Stability
- 17.21
- Momentum/Contrarian
- 100
- Sector conviction
- 56.84
- Diversification
- 100
- Sizing Uniformity
- 43.14
California Public Employees Retirement System's disclosed holdings carry a Herfindahl concentration index of 0.031 — mathematically equivalent to about 32 equally-sized positions, well below its 1064 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes vary widely across the portfolio (a coefficient of variation of 5.69), with a handful of outsized bets alongside many smaller positions.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Recent moves
Add VOO
+6.5% $290.1M
Trim MSFT
+3.7% -$2.1B
Trim NVDA
-10.5% -$2.3B
Trim GOOG
-16.5% -$917.2M
Add LRCX
+50.6% $587.0M
Add MU
+46.2% $454.9M
Holdings Map
New buyAddUnchangedTrim
Institutional Game-State Analysis
Core Intent
CalPERS is actively de-loading momentum-chasing AI names by trimming NVDA, META and the Google pair, while deploying fresh capital into IVV and scaling up LRCX shares. The portfolio operates on a pure contrarian register, systematically capturing gains from stretched tech valuations and rotating exposure toward diversified index beta and semiconductor infrastructure.
Macro & Fundamentals
The underlying macro bet is a rotation out of stretched mega-cap technology into structural infrastructure and broad liquidity. With Information Technology commanding 36.9% of the book, CalPERS uses IVV as a volatility dampener while accumulating LRCX to capture the capex cycle before chipmakers saturate. The counter-thesis holds that ultra-wide diversification in currently crowded trades will dilute alpha generation in a rate-hungry environment where capital rotation outpaces fundamentals.
Blind Spots / Risks
The structural vulnerability is alpha erosion through over-diversification. With a holding count of 1064 and an HHI of just 0.03, the portfolio’s return dispersion will compress regardless of individual tickers’ absolute performance. During strong momentum regimes, this index-hugging posture guarantees beta capture but bleeds out upside volatility.
The above is AI-generated from public regulatory filings and summarizes historical data only. It is not investment advice.
Top 10 holdings by weight
Full holdings list this quarter
Showing top 200 holdings (of 1064 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | VOO | Vanguard S&p 500 ETF | ETF-Large Cap & Growth | 12.37% | +1.04% | +6.49% | |
| 2 | NVDA | Nvidia CORP | Stock-Tech | 7.33% | -0.81% | -10.53% | |
| 3 | AAPL | Apple INC | Stock-Tech | 5.89% | +0.24% | +3.68% | |
| 4 | MSFT | Microsoft CORP | Stock-Tech | 4.99% | -0.85% | +3.70% | |
| 5 | AMZN | Amazon.com INC | Stock-Consumer Disc | 2.79% | — | +8.66% | |
| 6 | GOOGL | Alphabet Inc-cl A | Stock-Comm Services | 2.59% | -0.16% | -4.81% | |
| 7 | AVGO | Broadcom INC | Stock-Tech | 2.53% | -0.16% | -2.38% | |
| 8 | META | Meta Platforms Inc-class A | Stock-Comm Services | 1.98% | -0.22% | -3.59% | |
| 9 | GOOG | Alphabet Inc-cl C | Stock-Comm Services | 1.82% | -0.39% | -16.51% | |
| 10 | JPHY | Jpmorgan Active H Yield ETF | ETF-Other | 1.23% | — | — | |
| 11 | TSLA | Tesla INC | Stock-Consumer Disc | 1.18% | -0.17% | -1.01% | |
| 12 | JPM | Jpmorgan Chase & Co | Stock-Financials | 1.14% | -0.11% | -6.70% | |
| 13 | LLY | Eli Lilly & Co | Stock-Healthcare | 1.03% | -0.11% | -2.15% | |
| 14 | JNJ | Johnson & Johnson | Stock-Healthcare | 0.90% | — | -19.41% | |
| 15 | BRK-B | Berkshire Hathaway Inc-cl B | Stock-Other | 0.82% | -0.15% | -17.98% | |
| 16 | XOM | Exxon Mobil CORP | Stock-Energy | 0.82% | +0.27% | -1.60% | |
| 17 | LRCX | Lam Research CORP | Stock-Tech | 0.77% | +0.39% | +50.59% | |
| 18 | WMT | Walmart INC | Stock-Consumer Staples | 0.67% | +0.12% | +1.97% | |
| 19 | MU | Micron Technology INC | Stock-Tech | 0.66% | +0.30% | +46.23% | |
| 20 | V | Visa Inc-class A Shares | Stock-Financials | 0.59% | -0.08% | -4.30% | |
| 21 | COST | Costco Wholesale CORP | Stock-Consumer Staples | 0.58% | — | -15.18% | |
| 22 | CSCO | Cisco Systems INC | Stock-Tech | 0.58% | — | +4.26% | |
| 23 | BAC | Bank Of America CORP | Stock-Financials | 0.55% | -0.07% | -7.10% | |
| 24 | MRK | Merck & Co. INC. | Stock-Healthcare | 0.55% | — | -13.83% | |
| 25 | KLAC | Kla CORP | Stock-Tech | 0.54% | +0.12% | -2.21% | |
| 26 | MA | Mastercard INC - A | Stock-Financials | 0.53% | -0.07% | -5.66% | |
| 27 | IVV | Ishares Core S&p 500 ETF | ETF-Large Cap & Growth | 0.51% | +0.51% | NEW | |
| 28 | ABBV | Abbvie INC | Stock-Healthcare | 0.50% | -0.05% | -11.40% | |
| 29 | KO | Coca-cola Co/the | Stock-Consumer Staples | 0.47% | — | -0.81% | |
| 30 | NFLX | Netflix INC | Stock-Comm Services | 0.46% | — | -6.30% | |
| 31 | VZ | Verizon Communications INC | Stock-Comm Services | 0.45% | — | -15.87% | |
| 32 | CVX | Chevron CORP | Stock-Energy | 0.44% | +0.14% | +1.65% | |
| 33 | PG | Procter & Gamble Co/the | Stock-Consumer Staples | 0.44% | — | -6.22% | |
| 34 | HD | Home Depot INC | Stock-Consumer Disc | 0.43% | -0.05% | -12.36% | |
| 35 | AMGN | Amgen INC | Stock-Healthcare | 0.43% | — | -5.60% | |
| 36 | MCD | Mcdonald's CORP | Stock-Consumer Disc | 0.39% | — | -6.77% | |
| 37 | AMAT | Applied Materials INC | Stock-Tech | 0.39% | +0.09% | -10.01% | |
| 38 | CAT | Caterpillar INC | Stock-Industrials | 0.38% | +0.09% | +0.38% | |
| 39 | IBM | Intl Business Machines CORP | Stock-Tech | 0.37% | -0.12% | -14.21% | |
| 40 | UNH | Unitedhealth Group INC | Stock-Healthcare | 0.36% | -0.10% | -10.35% | |
| 41 | GS | Goldman Sachs Group INC | Stock-Financials | 0.36% | — | +15.79% | |
| 42 | PLTR | Palantir Technologies Inc-a | Stock-Tech | 0.35% | -0.07% | -6.59% | |
| 43 | GE | General Electric | Stock-Industrials | 0.35% | — | -3.50% | |
| 44 | AMD | Advanced Micro Devices | Stock-Tech | 0.35% | — | -5.93% | |
| 45 | INTC | Intel CORP | Stock-Tech | 0.34% | +0.10% | +11.20% | |
| 46 | WFC | Wells Fargo & Co | Stock-Financials | 0.34% | — | +3.25% | |
| 47 | RTX | Rtx CORP | Stock-Industrials | 0.33% | — | -4.49% | |
| 48 | PEP | Pepsico INC | Stock-Consumer Staples | 0.31% | -0.13% | -39.68% | |
| 49 | GILD | Gilead Sciences INC | Stock-Healthcare | 0.31% | — | -3.15% | |
| 50 | DE | Deere & Co | Stock-Industrials | 0.30% | — | +1.60% |
1–50 of 200
Portfolio Performance
Performance for Q3 2026
+3%
Performance Last 4 Quarters
+21.5%
Based on 79% of reported portfolio value with available pricing
- Stdev
- +12.8%
- Beta
- +0.96
- Alpha
- -0.5%
- Max Drawdown
- -7.9%
- Annualized Perf
- +17.8%
- Batting Avg vs S&P
- +38.9%
- Sortino
- +2.84
- Stutzer
- +0.4
- Treynor
- +0.18
- Sterling
- +1.07
- Calmar
- +2.26
- Information Ratio
- -0.53
- Tracking Error
- +2.2%
- Stdev Down
- +6.1%
- Winning Months %
- +63.9%
- Losing Months %
- +36.1%
- Best 12 Months
- +33.4%
- Worst 12 Months
- +8.1%
- Efficiency Ratio
- +0.56
- Sharpe
- +1.35
- Stdev Sectors
- +9.5%
- Skewness
- +0.29
- Kurtosis
- +0.31
- Upside Potential
- +4.53
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2026-03-31 | 1064 | $162.5B | 17 | |
| 2025-12-31 | 1086 | $174.9B | 15 | |
| 2025-09-30 | 1089 | $167.0B | 34 | |
| 2025-06-30 | 1114 | $157.0B | 0 | |
| 2025-03-31 | 1118 | $143.1B | 17 | |
| 2024-12-31 | 1142 | $149.5B | 100 | |
| 2024-09-30 | 1146 | $142.9B | 0 | |
| 2024-06-30 | 1167 | $136.3B | 0 | |
| 2024-03-31 | 1169 | $142.2B | 0 | |
| 2023-12-31 | 1187 | $131.7B | 0 | |
| 2023-09-30 | 1190 | $116.2B | 0 | |
| 2023-06-30 | 1210 | $116.5B | 0 | |
| 2023-03-31 | 1215 | $112.7B | 0 | |
| 2022-12-31 | 1217 | $117.3B | 0 | |
| 2022-09-30 | 1222 | $108.7B | 0 | |
| 2022-06-30 | 1221 | $106.9B | 0 | |
| 2022-03-31 | 1227 | $128.7B | 0 | |
| 2021-12-31 | 1237 | $149.4B | 0 | |
| 2021-09-30 | 1239 | $134.0B | 0 | |
| 2021-06-30 | 1529 | $133.3B | 100 | |
| 2021-03-31 | 3528 | $131.4B | 11 | |
| 2020-12-31 | 3563 | $129.7B | 18 | |
| 2020-09-30 | 3559 | $112.4B | 16 | |
| 2020-06-30 | 3507 | $101.4B | 24 | |
| 2020-03-31 | 3381 | $82.6B | 31 | |
| 2019-12-31 | 3436 | $110.4B | 15 | |
| 2019-09-30 | 3259 | $100.7B | 23 | |
| 2019-06-30 | 3264 | $84.7B | 16 | |
| 2019-03-31 | 3210 | $81.2B | 20 | |
| 2018-12-31 | 3252 | $71.3B | 25 | |
| 2018-09-30 | 3290 | $77.6B | 15 | |
| 2018-06-30 | 3289 | $72.3B | 13 | |
| 2018-03-31 | 3285 | $70.2B | 13 | |
| 2017-12-31 | 3316 | $74.0B | 14 | |
| 2017-09-30 | 3344 | $67.3B | 12 | |
| 2017-06-30 | 3379 | $62.5B | 10 | |
| 2017-03-31 | 3435 | $61.3B | 11 | |
| 2016-12-31 | 3435 | $59.6B | 12 | |
| 2016-09-30 | 3480 | $60.8B | 11 | |
| 2016-06-30 | 3564 | $61.8B | 11 | |
| 2016-03-31 | 3588 | $62.0B | 13 | |
| 2015-12-31 | 3626 | $63.3B | 14 | |
| 2015-09-30 | 3648 | $58.9B | 17 | |
| 2015-06-30 | 3678 | $66.6B | 22 | |
| 2015-03-31 | 3813 | $72.4B | 0 | |
| 2014-12-31 | 3813 | $72.4B | 17 | |
| 2014-09-30 | 3775 | $72.4B | 11 | |
| 2014-06-30 | 3791 | $73.5B | 11 | |
| 2014-03-31 | 3756 | $70.0B | 12 | |
| 2013-12-31 | 3977 | $69.7B | 29 | |
| 2013-09-30 | 3981 | $54.0B | 11 | |
| 2013-06-30 | 3996 | $49.8B | — |
Holding changes this quarter
California Public Employees Retirement System's most significant position changes for 2026-03-31: New buy: Ishares Core S&p 500 ETF (IVV); Add: Vanguard S&p 500 ETF (VOO) — shares +6.49%; Add: Microsoft CORP (MSFT) — shares +3.70%; Trim: Nvidia CORP (NVDA) — shares -10.53%; Trim: Alphabet Inc-cl C (GOOG) — shares -16.51%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | VOO | Vanguard S&p 500 ETF | +1% | +6.49% | Add |
| 2 | LRCX | Lam Research CORP | +0.4% | +50.59% | Add |
| 3 | MU | Micron Technology INC | +0.3% | +46.23% | Add |
| 4 | XOM | Exxon Mobil CORP | +0.3% | -1.60% | Trim |
| 5 | AAPL | Apple INC | +0.2% | +3.68% | Add |
| 6 | CVX | Chevron CORP | +0.1% | +1.65% | Add |
| 7 | KLAC | Kla CORP | +0.1% | -2.21% | Trim |
| 8 | WMT | Walmart INC | +0.1% | +1.97% | Add |
| 9 | COP | Conocophillips | +0.1% | +12.13% | Add |
| 10 | INTC | Intel CORP | +0.1% | +11.20% | Add |
| 11 | CAT | Caterpillar INC | +0.1% | +0.38% | Add |
| 12 | AMAT | Applied Materials INC | +0.1% | -10.01% | Trim |
| 13 | TT | Trane Technologies plc | +0.1% | +51.91% | Add |
| 14 | MRVL | Marvell Technology INC | +0.1% | +40.34% | Add |
| 15 | MPWR | Monolithic Power Systems INC | +0.1% | +88.20% | Add |
| 16 | ABBV | Abbvie INC | -0.1% | -11.40% | Trim |
| 17 | HD | Home Depot INC | -0.1% | -12.36% | Trim |
| 18 | ACN | Accenture plc | -0.1% | -1.94% | Trim |
| 19 | NOW | Servicenow INC | -0.1% | -0.77% | Trim |
| 20 | ADBE | Adobe INC | -0.1% | -1.40% | Trim |
| 21 | APP | Applovin Corp-class A | -0.1% | +5.17% | Add |
| 22 | ELV | Elevance Health INC | -0.1% | -45.55% | Trim |
| 23 | BAC | Bank Of America CORP | -0.1% | -7.10% | Trim |
| 24 | MA | Mastercard INC - A | -0.1% | -5.66% | Trim |
| 25 | PLTR | Palantir Technologies Inc-a | -0.1% | -6.59% | Trim |
| 26 | BSX | Boston Scientific CORP | -0.1% | -24.93% | Trim |
| 27 | PGR | Progressive CORP | -0.1% | -21.25% | Trim |
| 28 | TRV | Travelers Cos Inc/the | -0.1% | -39.58% | Trim |
| 29 | V | Visa Inc-class A Shares | -0.1% | -4.30% | Trim |
| 30 | APH | Amphenol Corp-cl A | -0.1% | -24.61% | Trim |
| 31 | ABT | Abbott Laboratories | -0.1% | -14.19% | Trim |
| 32 | UNH | Unitedhealth Group INC | -0.1% | -10.35% | Trim |
| 33 | LLY | Eli Lilly & Co | -0.1% | -2.15% | Trim |
| 34 | JPM | Jpmorgan Chase & Co | -0.1% | -6.70% | Trim |
| 35 | ORCL | Oracle CORP | -0.1% | -14.75% | Trim |
| 36 | ISRG | Intuitive Surgical INC | -0.1% | -30.23% | Trim |
| 37 | IBM | Intl Business Machines CORP | -0.1% | -14.21% | Trim |
| 38 | PEP | Pepsico INC | -0.1% | -39.68% | Trim |
| 39 | MDT | Medtronic plc | -0.1% | -49.89% | Trim |
| 40 | INTU | Intuit INC | -0.1% | -15.54% | Trim |
| 41 | BRK-B | Berkshire Hathaway Inc-cl B | -0.2% | -17.98% | Trim |
| 42 | GOOGL | Alphabet Inc-cl A | -0.2% | -4.81% | Trim |
| 43 | AVGO | Broadcom INC | -0.2% | -2.38% | Trim |
| 44 | TSLA | Tesla INC | -0.2% | -1.01% | Trim |
| 45 | CRM | Salesforce INC | -0.2% | -25.79% | Trim |
| 46 | META | Meta Platforms Inc-class A | -0.2% | -3.59% | Trim |
| 47 | GOOG | Alphabet Inc-cl C | -0.4% | -16.51% | Trim |
| 48 | NVDA | Nvidia CORP | -0.8% | -10.53% | Trim |
| 49 | MSFT | Microsoft CORP | -0.9% | +3.70% | Add |
| 50 | IVV | Ishares Core S&p 500 ETF | — | NEW | New buy |
Filing History
| Period | Filed | Type | EDGAR |
|---|---|---|---|
| 2026-03-31 | 2026-05-06 | 13F-HR | View on EDGAR |
| 2025-12-31 | 2026-02-12 | 13F-HR | View on EDGAR |
| 2025-09-30 | 2025-11-14 | 13F-HR | View on EDGAR |
| 2025-06-30 | 2025-08-13 | 13F-HR | View on EDGAR |
| 2025-03-31 | 2025-05-13 | 13F-HR | View on EDGAR |
| 2024-12-31 | 2025-04-23 | Amendment | View on EDGAR |
| 2024-12-31 | 2025-02-12 | 13F-HR | View on EDGAR |
| 2024-09-30 | 2024-11-13 | 13F-HR | View on EDGAR |
| 2024-06-30 | 2024-08-14 | 13F-HR | View on EDGAR |
| 2024-03-31 | 2024-04-30 | 13F-HR | View on EDGAR |
| 2023-12-31 | 2024-02-01 | 13F-HR | View on EDGAR |
| 2023-09-30 | 2023-11-02 | 13F-HR | View on EDGAR |
| 2023-06-30 | 2023-08-09 | 13F-HR | View on EDGAR |
| 2023-03-31 | 2023-05-12 | 13F-HR | View on EDGAR |
| 2022-12-31 | 2023-02-08 | 13F-HR | View on EDGAR |
| 2022-09-30 | 2022-11-09 | 13F-HR | View on EDGAR |
| 2022-06-30 | 2022-08-10 | 13F-HR | View on EDGAR |
| 2022-03-31 | 2022-05-04 | 13F-HR | View on EDGAR |
| 2021-12-31 | 2022-02-10 | 13F-HR | View on EDGAR |
| 2021-09-30 | 2021-11-10 | 13F-HR | View on EDGAR |
| 2021-06-30 | 2021-08-13 | 13F-HR | View on EDGAR |
| 2021-03-31 | 2021-05-14 | 13F-HR | View on EDGAR |
| 2020-12-31 | 2021-02-02 | 13F-HR | View on EDGAR |
| 2020-09-30 | 2020-11-05 | 13F-HR | View on EDGAR |
| 2020-06-30 | 2020-08-12 | 13F-HR | View on EDGAR |
| 2020-03-31 | 2020-05-12 | 13F-HR | View on EDGAR |
| 2019-12-31 | 2020-01-27 | 13F-HR | View on EDGAR |
| 2019-09-30 | 2019-10-31 | 13F-HR | View on EDGAR |
| 2019-06-30 | 2019-08-15 | 13F-HR | View on EDGAR |
| 2019-03-31 | 2019-05-03 | 13F-HR | View on EDGAR |
| 2018-12-31 | 2019-02-08 | 13F-HR | View on EDGAR |
| 2018-09-30 | 2018-11-13 | 13F-HR | View on EDGAR |
| 2018-06-30 | 2018-08-15 | 13F-HR | View on EDGAR |
| 2018-03-31 | 2018-05-11 | 13F-HR | View on EDGAR |
| 2017-12-31 | 2018-02-06 | 13F-HR | View on EDGAR |
| 2017-09-30 | 2017-11-15 | 13F-HR | View on EDGAR |
| 2017-06-30 | 2017-08-11 | 13F-HR | View on EDGAR |
| 2017-03-31 | 2017-05-11 | 13F-HR | View on EDGAR |
| 2016-12-31 | 2017-02-10 | 13F-HR | View on EDGAR |
| 2016-09-30 | 2016-10-25 | Amendment | View on EDGAR |
| 2016-09-30 | 2016-10-24 | 13F-HR | View on EDGAR |
| 2016-06-30 | 2016-10-25 | Amendment | View on EDGAR |
| 2016-06-30 | 2016-08-03 | 13F-HR | View on EDGAR |
| 2016-03-31 | 2016-05-04 | 13F-HR | View on EDGAR |
| 2015-12-31 | 2016-02-04 | 13F-HR | View on EDGAR |
| 2015-09-30 | 2015-11-13 | 13F-HR | View on EDGAR |
| 2015-06-30 | 2015-08-14 | 13F-HR | View on EDGAR |
| 2015-03-31 | 2015-08-17 | Amendment | View on EDGAR |
| 2015-03-31 | 2015-05-18 | 13F-HR | View on EDGAR |
| 2014-12-31 | 2015-02-09 | 13F-HR | View on EDGAR |
| 2014-09-30 | 2014-11-07 | 13F-HR | View on EDGAR |
| 2014-06-30 | 2014-08-14 | 13F-HR | View on EDGAR |
| 2014-03-31 | 2015-08-17 | Amendment | View on EDGAR |
| 2014-03-31 | 2014-04-18 | 13F-HR | View on EDGAR |
| 2013-12-31 | 2015-08-17 | Amendment | View on EDGAR |
| 2013-12-31 | 2014-02-13 | Amendment | View on EDGAR |
| 2013-12-31 | 2014-02-13 | Amendment | View on EDGAR |
| 2013-12-31 | 2014-02-11 | 13F-HR | View on EDGAR |
| 2013-09-30 | 2013-11-12 | 13F-HR | View on EDGAR |
| 2013-06-30 | 2013-08-07 | 13F-HR | View on EDGAR |
FAQ
What is California Public Employees Retirement System and what type of investor is it?
California Public Employees Retirement System is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $162.5B, spread across 1064 disclosed positions.
What are California Public Employees Retirement System's largest equity positions?
Based on the latest 13F filing, California Public Employees Retirement System's top holdings by market value are:
1. Vanguard S&p 500 ETF (VOO) — $20.1B (12.4%)
2. Nvidia CORP (NVDA) — $11.9B (7.3%)
3. Apple INC (AAPL) — $9.6B (5.9%)
4. Microsoft CORP (MSFT) — $8.1B (5.0%)
5. Amazon.com INC (AMZN) — $4.5B (2.8%)
What changes did California Public Employees Retirement System make in its most recent portfolio filing?
In the latest reported quarter, California Public Employees Retirement System made 50 notable position adjustments: 1 new positions were initiated, 14 existing holdings were added to, 35 positions were partially reduced, and 0 were completely exited. The largest of these moves: New buy: Ishares Core S&p 500 ETF (IVV); Add: Vanguard S&p 500 ETF (VOO) — shares +6.49%; Add: Microsoft CORP (MSFT) — shares +3.70%; Trim: Nvidia CORP (NVDA) — shares -10.53%; Trim: Alphabet Inc-cl C (GOOG) — shares -16.51%
What sectors does California Public Employees Retirement System focus on?
California Public Employees Retirement System is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 36.9%
• Financials: 11.4%
• Communication Services: 10.1%
• Health Care: 9.6%
• Consumer Discretionary: 9.5%
• Industrials: 8.7%
Peer Institutions
Institutions with a similar AUM
NM
Northwestern Mutual Wealth Management Co
CIK 0001141802
Total reported value
$162.4B
4,113 stks
2026-03-31
Concentration14.5
Portfolio Stability7.4
Sector conviction56.5
AUM within 0.0% of this institution
View detail
RJ
Raymond James & Associates
CIK 0001084208
Total reported value
$164.1B
3,988 stks
2024-09-30
Stale — no recent filing
Concentration4.9
Portfolio Stability0.0
Sector conviction42.3
AUM within 1.0% of this institution
View detail
D. E. Shaw & Co., Inc.
CIK 0001009207
Total reported value
$166.3B
5,804 stks
2026-03-31
Concentration1.8
Portfolio Stability53.8
Sector conviction49.1
AUM within 2.4% of this institution
View detail
Similar Holdings Style
Institutions with overlapping top holdings
IC
Innovator Capital Management, LLC
CIK 0001708237
Total reported value
$925.0M
10 stks
2026-03-31
Concentration100.0
Portfolio Stability100.0
Sector conviction100.0
5 of the top 5 holdings overlap, including Vanguard S&p 500 ETF
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AD
Adams Diversified Equity Fund, INC.
CIK 0000002230
Total reported value
$2.8B
99 stks
2026-03-31
Concentration10.3
Portfolio Stability36.4
Sector conviction68.6
4 of the top 5 holdings overlap, including Nvidia CORP
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FA
Fred Alger Management, LLC
CIK 0000003520
Total reported value
$22.8B
525 stks
2026-03-31
Concentration16.8
Portfolio Stability32.2
Sector conviction81.0
4 of the top 5 holdings overlap, including Nvidia CORP
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