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 | |
|---|---|---|---|---|---|---|
551
Kimco Realty
KIM
$15.3B
| $25M | 0.02% |
1,187,180
+112,178
| +10% | +$2.36M |
|
552
TKO Group
TKO
$16.5B
| $24.7M | 0.02% |
135,867
-6,989
| -5% | -$1.27M |
|
553
KBR
KBR
$6.35B
| $24.7M | 0.02% |
514,697
-81,431
| -14% | -$3.9M |
|
554
Graco
GGG
$14.2B
| $24.5M | 0.02% |
285,237
+24,278
| +9% | +$2.09M |
|
555
RLI Corp
RLI
$6.27B
| $24.3M | 0.02% |
336,885
-55,445
| -14% | -$4M |
|
556
Ball Corp
BALL
$13.9B
| $24.3M | 0.02% |
432,845
-75,391
| -15% | -$4.23M |
|
557
Jazz Pharmaceuticals
JAZZ
$7.88B
| $24.2M | 0.02% |
228,413
-42,387
| -16% | -$4.5M |
|
558
Idacorp
IDA
$6.68B
| $24M | 0.02% |
207,815
-36,462
| -15% | -$4.21M |
|
559
Credo Technology Group
CRDO
$25.8B
| $23.8M | 0.02% |
257,567
+37,772
| +17% | +$3.5M |
|
560
UDR
UDR
$12.8B
| $23.8M | 0.02% |
583,146
+41,309
| +8% | +$1.69M |
|
561
Hanover Insurance
THG
$6.36B
| $23.8M | 0.02% |
140,133
-15,910
| -10% | -$2.7M |
|
562
Avery Dennison
AVY
$13B
| $23.8M | 0.02% |
135,613
+2,587
| +2% | +$454K |
|
563
H&R Block
HRB
$6.97B
| $23.8M | 0.02% |
432,911
-91,854
| -18% | -$5.04M |
|
564
Revvity
RVTY
$10B
| $23.7M | 0.02% |
244,744
+3,425
| +1% | +$331K |
|
565
Grand Canyon Education
LOPE
$5.77B
| $23.6M | 0.02% |
124,612
-23,532
| -16% | -$4.45M |
|
566
Clean Harbors
CLH
$12.8B
| $23.4M | 0.01% |
101,205
+2,529
| +3% | +$585K |
|
567
Best Buy
BBY
$16.3B
| $23.2M | 0.01% |
346,068
-13,737
| -4% | -$922K |
|
568
Exelixis
EXEL
$10.1B
| $23.2M | 0.01% |
526,649
-762,866
| -59% | -$33.6M |
|
569
Skyworks Solutions
SWKS
$11.2B
| $23.1M | 0.01% |
310,387
+14,292
| +5% | +$1.07M |
|
570
Align Technology
ALGN
$9.85B
| $23.1M | 0.01% |
122,074
+1,712
| +1% | +$324K |
|
571
Jones Lang LaSalle
JLL
$14.8B
| $23M | 0.01% |
89,747
+2,890
| +3% | +$739K |
|
572
First Solar
FSLR
$21.8B
| $22.8M | 0.01% |
138,027
+3,841
| +3% | +$636K |
|
573
Alexandria Real Estate Equities
ARE
$14.6B
| $22.8M | 0.01% |
313,565
+22,721
| +8% | +$1.65M |
|
574
Builders FirstSource
BLDR
$15.5B
| $22.8M | 0.01% |
195,152
+2,560
| +1% | +$299K |
|
575
Grab
GRAB
$21.6B
| $22.6M | 0.01% |
4,498,159
+185,083
| +4% | +$931K |
|