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 |
NVIDIA
NVDA
|
+$894M |
| 2 |
UnitedHealth
UNH
|
+$430M |
| 3 |
Intel
INTC
|
+$409M |
| 4 |
Amazon
AMZN
|
+$352M |
| 5 |
Broadcom
AVGO
|
+$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$415M |
| 2 |
Microsoft
MSFT
|
+$275M |
| 3 |
VMW
VMware, Inc
VMW
|
+$221M |
| 4 |
JPMorgan Chase
JPM
|
+$146M |
| 5 |
Verizon
VZ
|
+$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
526
Live Nation Entertainment
LYV
$39.3B
| $27M | 0.02% |
288,492
+4,880
| +2% | +$457K |
|
527
Alkermes
ALKS
$4.7B
| $26.8M | 0.02% |
965,192
-2,612
| -0.3% | -$72.5K |
|
528
Coca-Cola Europacific Partners
CCEP
$40.9B
| $26.7M | 0.02% |
400,328
-9,527
| -2% | -$636K |
|
529
H&R Block
HRB
$6.97B
| $26.7M | 0.02% |
551,156
+263,546
| +92% | +$12.7M |
|
530
AerCap
AER
$21.9B
| $26.7M | 0.02% |
358,689
+65,082
| +22% | +$4.84M |
|
531
Graco
GGG
$14.2B
| $26.4M | 0.02% |
304,622
-8,635
| -3% | -$749K |
|
532
Insight Enterprises
NSIT
$4.03B
| $26.4M | 0.02% |
148,845
+6,157
| +4% | +$1.09M |
|
533
First Solar
FSLR
$21.8B
| $26.2M | 0.02% |
152,294
-46,402
| -23% | -$7.99M |
|
534
RPM International
RPM
$16.4B
| $26.2M | 0.02% |
234,721
-4,432
| -2% | -$495K |
|
535
Flowers Foods
FLO
$3.15B
| $26.1M | 0.02% |
1,160,755
-12,960
| -1% | -$292K |
|
536
EQT Corp
EQT
$31.7B
| $25.8M | 0.02% |
666,125
-23,912
| -3% | -$924K |
|
537
Revvity
RVTY
$10B
| $25.7M | 0.02% |
235,499
+369
| +0.2% | +$40.3K |
|
538
Viatris
VTRS
$12.2B
| $25.7M | 0.02% |
2,375,435
-92,189
| -4% | -$998K |
|
539
Idacorp
IDA
$6.68B
| $25.7M | 0.02% |
261,618
-3,039
| -1% | -$299K |
|
540
Super Micro Computer
SMCI
$23.8B
| $25.7M | 0.02% |
904,350
-53,490
| -6% | -$1.52M |
|
541
Avnet
AVT
$4.45B
| $25.7M | 0.02% |
509,713
-2,187
| -0.4% | -$110K |
|
542
Fidelity National Financial
FNF
$16.4B
| $25.7M | 0.02% |
503,293
+699
| +0.1% | +$35.7K |
|
543
Ball Corp
BALL
$13.9B
| $25.4M | 0.02% |
440,725
-12,594
| -3% | -$724K |
|
544
Post Holdings
POST
$5.77B
| $25.3M | 0.02% |
287,174
-13,808
| -5% | -$1.22M |
|
545
Zebra Technologies
ZBRA
$16B
| $25.3M | 0.02% |
92,500
-3,010
| -3% | -$823K |
|
546
Coupang
CPNG
$57.4B
| $25.3M | 0.02% |
1,560,754
-62,125
| -4% | -$1.01M |
|
547
Cirrus Logic
CRUS
$6.03B
| $25.1M | 0.02% |
302,074
+182
| +0.1% | +$15.1K |
|
548
Western Digital
WDC
$32.4B
| $25M | 0.02% |
631,001
-143,035
| -18% | -$5.66M |
|
549
Toro Company
TTC
$7.96B
| $24.9M | 0.02% |
259,534
-10,097
| -4% | -$969K |
|
550
Blackbaud
BLKB
$3.29B
| $24.8M | 0.02% |
285,645
+969
| +0.3% | +$84K |
|