California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Vanguard S&P 500 ETF
VOO
|
$2.23B |
| 2 |
JPHY
JPMorgan Active High Yield ETF
JPHY
|
$2.02B |
| 3 |
Microsoft
MSFT
|
$1.33B |
| 4 |
NVIDIA
NVDA
|
$985M |
| 5 |
Amazon
AMZN
|
$539M |
Top Sells
| 1 |
Broadcom
AVGO
|
$506M |
| 2 |
Texas Instruments
TXN
|
$293M |
| 3 |
McDonald's
MCD
|
$286M |
| 4 |
Home Depot
HD
|
$264M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
$247M |
Sector Composition
| 1 | Technology | 31.86% |
| 2 | Financials | 11.82% |
| 3 | Healthcare | 8.87% |
| 4 | Communication Services | 8.71% |
| 5 | Consumer Discretionary | 8.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
Freeport-McMoran
FCX
$63.7B
| $101M | 0.06% |
2,333,210
+116,413
| +5% | +$5.05M |
|
227
Synopsys
SNPS
$112B
| $101M | 0.06% |
196,249
+14,582
| +8% | +$7.48M |
|
228
Cloudflare
NET
$72.7B
| $99.1M | 0.06% |
506,043
+38,876
| +8% | +$7.61M |
|
229
Roblox
RBLX
$86.4B
| $97.9M | 0.06% |
930,843
+112,212
| +14% | +$11.8M |
|
230
ON Semiconductor
ON
$20.3B
| $97.8M | 0.06% |
1,866,575
-112,842
| -6% | -$5.91M |
|
231
Carrier Global
CARR
$55.5B
| $97.5M | 0.06% |
1,331,868
+46,063
| +4% | +$3.37M |
|
232
Ameren
AEE
$27B
| $97.3M | 0.06% |
1,013,613
-174,755
| -15% | -$16.8M |
|
233
GoDaddy
GDDY
$20.5B
| $96.6M | 0.06% |
536,650
-115,524
| -18% | -$20.8M |
|
234
Marathon Petroleum
MPC
$54.6B
| $96.2M | 0.06% |
579,244
-23,714
| -4% | -$3.94M |
|
235
Airbnb
ABNB
$79.9B
| $95.8M | 0.06% |
724,265
-113,344
| -14% | -$15M |
|
236
Digital Realty Trust
DLR
$57.2B
| $95.2M | 0.06% |
546,247
+37,886
| +7% | +$6.6M |
|
237
Markel Group
MKL
$24.8B
| $95.2M | 0.06% |
47,658
-9,481
| -17% | -$18.9M |
|
238
Cboe Global Markets
CBOE
$24.7B
| $95M | 0.06% |
407,434
-79,021
| -16% | -$18.4M |
|
239
Ameriprise Financial
AMP
$48.5B
| $94.9M | 0.06% |
177,790
+2,060
| +1% | +$1.1M |
|
240
Quanta Services
PWR
$56.3B
| $94.9M | 0.06% |
250,946
+72,222
| +40% | +$27.3M |
|
241
Truist Financial
TFC
$60.4B
| $94.4M | 0.06% |
2,196,787
+116,351
| +6% | +$5M |
|
242
Tyler Technologies
TYL
$24.4B
| $93.7M | 0.06% |
158,043
-30,050
| -16% | -$17.8M |
|
243
Schlumberger
SLB
$55B
| $92.8M | 0.06% |
2,746,289
+173,827
| +7% | +$5.88M |
|
244
Norfolk Southern
NSC
$62.8B
| $92.2M | 0.06% |
360,050
+23,818
| +7% | +$6.1M |
|
245
PPL Corp
PPL
$27B
| $92.1M | 0.06% |
2,718,175
-554,006
| -17% | -$18.8M |
|
246
Corteva
CTVA
$50.4B
| $91.9M | 0.06% |
1,233,666
+116,646
| +10% | +$8.69M |
|
247
American International
AIG
$45.1B
| $91.9M | 0.06% |
1,073,176
+30,448
| +3% | +$2.61M |
|
248
Eversource Energy
ES
$23.8B
| $91.1M | 0.06% |
1,431,892
-210,572
| -13% | -$13.4M |
|
249
Simon Property Group
SPG
$59B
| $90M | 0.06% |
559,850
+25,794
| +5% | +$4.15M |
|
250
Ventas
VTR
$30.9B
| $89.5M | 0.06% |
1,417,314
-152,977
| -10% | -$9.66M |
|