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 | |
|---|---|---|---|---|---|---|
476
Citizens Financial Group
CFG
$22.3B
| $33.9M | 0.02% |
757,797
+69,371
| +10% | +$3.1M |
|
477
Old Republic International
ORI
$10B
| $33.9M | 0.02% |
881,661
-215,511
| -20% | -$8.28M |
|
478
Comfort Systems
FIX
$25.3B
| $33.7M | 0.02% |
62,896
+4,001
| +7% | +$2.15M |
|
479
Devon Energy
DVN
$21.9B
| $33.6M | 0.02% |
1,056,849
+127,122
| +14% | +$4.04M |
|
480
Invitation Homes
INVH
$18.5B
| $33.5M | 0.02% |
1,020,361
+84,338
| +9% | +$2.77M |
|
481
Curtiss-Wright
CW
$18.2B
| $33.4M | 0.02% |
68,319
-40,772
| -37% | -$19.9M |
|
482
Equitable Holdings
EQH
$15.9B
| $33.4M | 0.02% |
594,949
+33,838
| +6% | +$1.9M |
|
483
International Paper
IP
$25B
| $33.3M | 0.02% |
710,169
-177,804
| -20% | -$8.33M |
|
484
Super Micro Computer
SMCI
$23.8B
| $33.2M | 0.02% |
676,479
+71,741
| +12% | +$3.52M |
|
485
Gaming and Leisure Properties
GLPI
$13.7B
| $33.1M | 0.02% |
709,969
-132,912
| -16% | -$6.2M |
|
486
The Ensign Group
ENSG
$10B
| $33.1M | 0.02% |
214,719
-30,715
| -13% | -$4.74M |
|
487
Henry Schein
HSIC
$8.21B
| $33.1M | 0.02% |
452,662
-120,408
| -21% | -$8.8M |
|
488
Carlisle Companies
CSL
$16.8B
| $33M | 0.02% |
88,278
+145
| +0.2% | +$54.1K |
|
489
International Flavors & Fragrances
IFF
$17B
| $32.7M | 0.02% |
444,096
+29,121
| +7% | +$2.14M |
|
490
US Foods
USFD
$17.6B
| $32.5M | 0.02% |
421,391
+28,180
| +7% | +$2.17M |
|
491
Coterra Energy
CTRA
$18.2B
| $32.4M | 0.02% |
1,275,831
+116,714
| +10% | +$2.96M |
|
492
IDEX
IEX
$12.4B
| $32.4M | 0.02% |
184,408
-30,599
| -14% | -$5.37M |
|
493
Sprouts Farmers Market
SFM
$13.6B
| $32.4M | 0.02% |
196,599
+4,166
| +2% | +$686K |
|
494
Principal Financial Group
PFG
$17.8B
| $32.1M | 0.02% |
404,707
+37,668
| +10% | +$2.99M |
|
495
AXIS Capital
AXS
$7.67B
| $32.1M | 0.02% |
309,386
-42,442
| -12% | -$4.41M |
|
496
Hormel Foods
HRL
$14B
| $32.1M | 0.02% |
1,061,354
-223,115
| -17% | -$6.75M |
|
497
Fortive
FTV
$16.2B
| $32.1M | 0.02% |
614,817
+46,759
| +8% | +$2.44M |
|
498
Sun Communities
SUI
$16.2B
| $32M | 0.02% |
253,057
-6,089
| -2% | -$770K |
|
499
Jacobs Solutions
J
$17.3B
| $31.6M | 0.02% |
240,726
+3,520
| +1% | +$463K |
|
500
NNN REIT
NNN
$8.12B
| $31.4M | 0.02% |
727,293
-89,076
| -11% | -$3.85M |
|