Ranked by assets under management

Largest Pension Funds by Assets Under Management

Government Pension Investment Fund (GPIF) leads with $1.50T in reported assets under management. Below are the 50 largest pension funds in PipelineRoad's institutional investor directory, ranked by reported AUM. Each figure reflects the fund's most recent disclosure, with the reporting date shown on every row.

50Investors
$12.5TCombined reported AUM
$170BMedian reported AUM
$1.50TLargest (Government Pension Investment Fund (GPIF))

AUM figures reflect each investor's latest reported disclosure (2022 to 2025), shown per row. Updated as the directory is corrected and expanded.

1 G Government Pension Investment Fund (GPIF) Pension Fund Tokyo, Japan $1.50Tas of 2024-12-31 2 N National Pension Service Pension Fund Jeonju, South Korea $880Bas of 2024-12-31 3 C CPP Investments Pension Fund Toronto, Canada $575Bas of 2024-12-31 4 A ABP (Stichting Pensioenfonds ABP) Pension Fund Heerlen, Netherlands $530Bas of 2024-12-31 5 C CalPERS Pension Fund Sacramento, California $502Bas of 2024-06-30 6 C Central Provident Fund Board (CPF) Pension Fund Singapore, Singapore $500Bas of 2024-12-31 7 C CDPQ Pension Fund Montreal, Canada $425Bas of 2024-12-31 8 C CalSTRS Pension Fund West Sacramento, California $340Bas of 2024-06-30 9 A AustralianSuper Pension Fund Melbourne, Australia $310Bas of 2024-06-30 10 P PGGM Pension Fund Zeist, Netherlands $300Bas of 2024-06-30 11 N New York State Common Retirement Fund Pension Fund Albany, New York $298Bas of 2025-12-31 12 E Employees' Provident Fund Organisation (EPFO) India Pension Fund New Delhi, India $280Bas of 2024-12-31 13 P PFZW (Pensioenfonds Zorg en Welzijn) Pension Fund Zeist, Netherlands $280Bas of 2024-12-31 14 A Australian Retirement Trust Pension Fund Brisbane, Australia $260Bas of 2024-12-31 15 F Florida State Board of Administration Pension Fund Tallahassee, Florida $260Bas of 2024-06-30 16 C Caisse des Depots et Consignations (CDC) Pension Fund Paris, France $250Bas of 2024-12-31 17 E EPF Malaysia Pension Fund Kuala Lumpur, Malaysia $250Bas of 2024-12-31 18 O Ontario Teachers' Pension Plan (OTPP) Pension Fund Toronto, Canada $250Bas of 2024-12-31 19 P PSP Investments Pension Fund Montreal, Canada $245Bas of 2024-12-31 20 F Florida Retirement System Pension Fund Tallahassee, Florida $205Bas of 2024-06-30 21 A AP Funds (AP1-AP4) Pension Fund Stockholm, Sweden $200Bas of 2024-12-31 22 G GOSI (General Organization for Social Insurance) Pension Fund Riyadh, Saudi Arabia $200Bas of 2024-12-31 23 T Teacher Retirement System of Texas Pension Fund Austin, Texas $185Bas of 2023-12-31 24 B Bureau of Labor Funds (BLF Taiwan) Pension Fund Taipei, Taiwan $180Bas of 2024-12-31 25 W Washington State Investment Board (WSIB) Pension Fund Olympia, Washington $180Bas of 2024-06-30 26 A Aware Super Pension Fund Sydney, Australia $160Bas of 2024-12-31 27 S State of Wisconsin Investment Board Pension Fund Madison, Wisconsin $156Bas of 2023-06-30 28 A ATP Pension Fund Hillerod, Denmark $150Bas of 2023-12-31 29 P Public Investment Corporation (PIC South Africa) Pension Fund Pretoria, South Africa $150Bas of 2024-12-31 30 N New York State Teachers' Retirement System Pension Fund Albany, New York $145Bas of 2024-06-30 31 M Mandatory Provident Fund Schemes Authority (MPFA) Pension Fund Hong Kong, Hong Kong $140Bas of 2024-12-31 32 W Wisconsin Department of Employee Trust Funds Pension Fund Madison, Wisconsin $131Bas of 2023-06-30 33 G GEPF (Government Employees Pension Fund) Pension Fund Pretoria, South Africa $130Bas of 2024-12-31 34 M Minnesota State Board of Investment Pension Fund St. Paul, Minnesota $130Bas of 2024-06-30 35 O OMERS Pension Fund Toronto, Canada $130Bas of 2024-12-31 36 P PIFSS (Public Institution for Social Security) Pension Fund Kuwait City, Kuwait $130Bas of 2024-12-31 37 W Wisconsin Retirement System Pension Fund Madison, Wisconsin $130Bas of 2024-12-31 38 A Alecta Pension Fund Stockholm, Sweden $120Bas of 2024-12-31 39 P Pension Fund Association (PFA Japan) Pension Fund Tokyo, Japan $120Bas of 2024-12-31 40 N New York City Teachers' Retirement System Pension Fund New York, New York $117Bas of 2023-06-30 41 H HOOPP (Healthcare of Ontario Pension Plan) Pension Fund Toronto, Canada $115Bas of 2024-12-31 42 N North Carolina Retirement Systems Pension Fund Raleigh, North Carolina $115Bas of 2023-06-30 43 M Michigan Office of Retirement Services Pension Fund Lansing, Michigan $114Bas of 2022-12-31 44 B Bayerische Versorgungskammer (BVK) Pension Fund Munich, Germany $110Bas of 2024-12-31 45 G Government Employees Pension Service (GEPS) Pension Fund Seoul, South Korea $100Bas of 2024-06-30 46 H Hostplus Pension Fund Melbourne, Australia $100Bas of 2024-12-31 47 K KLP (Kommunal Landspensjonskasse) Pension Fund Oslo, Norway $100Bas of 2024-12-31 48 M Massachusetts Pension Reserves Investment Management Board Pension Fund Boston, Massachusetts $100Bas of 2024-06-30 49 N New Jersey Division of Investment Pension Fund Trenton, New Jersey $100Bas of 2024-06-30 50 O Ohio Public Employees Retirement System Pension Fund Columbus, Ohio $100Bas of 2024-06-30

Beyond the public profile

This list shows reported AUM, strategy, and headquarters. PipelineRoad members get the part that wins mandates: verified decision-maker contacts, current allocation mandates, and live activity signals for these allocators, matched to a fund's thesis.

Frequently asked questions

What is the largest pension fund by AUM?

Government Pension Investment Fund (GPIF), based in Tokyo, Japan, is the largest pension fund in PipelineRoad's directory, with $1.50T in reported assets under management (as of 2024-12-31).

How many pension funds does PipelineRoad track?

PipelineRoad's institutional investor directory includes 537 pension funds, of which 353 report assets under management.

What is the combined AUM of the largest pension funds?

The 50 pension funds on this list manage $12.5T in combined reported assets under management. The median among them is $170B.

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