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 | |
|---|---|---|---|---|---|---|
576
Icon
ICLR
$13.1B
| $22.6M | 0.01% |
155,062
+7,107
| +5% | +$1.03M |
|
577
Insmed
INSM
$31.1B
| $22.4M | 0.01% |
222,236
-43,241
| -16% | -$4.35M |
|
578
Performance Food Group
PFGC
$16.3B
| $22.3M | 0.01% |
255,440
+2,709
| +1% | +$237K |
|
579
Allete
ALE
$3.69B
| $22.3M | 0.01% |
348,496
+16,400
| +5% | +$1.05M |
|
|
SGI
580
Somnigroup International Inc.
SGI
$17.7B
| $22.3M | 0.01% |
327,920
+64,917
| +25% | +$4.42M |
|
581
Paycom
PAYC
$12.6B
| $22.3M | 0.01% |
96,418
+8,545
| +10% | +$1.98M |
|
582
ITT
ITT
$13.5B
| $22.2M | 0.01% |
141,510
+46
| +0% | +$7.21K |
|
583
BWX Technologies
BWXT
$14.8B
| $22.2M | 0.01% |
153,919
-151,825
| -50% | -$21.9M |
|
584
Healthpeak Properties
DOC
$12.6B
| $22.1M | 0.01% |
1,264,517
+91,005
| +8% | +$1.59M |
|
585
Core & Main
CNM
$9.43B
| $22.1M | 0.01% |
365,996
+30,179
| +9% | +$1.82M |
|
586
TransUnion
TRU
$18.2B
| $22.1M | 0.01% |
250,960
-49,985
| -17% | -$4.4M |
|
587
DaVita
DVA
$9.77B
| $21.9M | 0.01% |
153,815
-45,576
| -23% | -$6.49M |
|
588
Allegion
ALLE
$14.6B
| $21.9M | 0.01% |
151,944
+20,006
| +15% | +$2.88M |
|
589
Owens Corning
OC
$12.5B
| $21.8M | 0.01% |
158,751
+3,400
| +2% | +$468K |
|
590
Neurocrine Biosciences
NBIX
$14.3B
| $21.8M | 0.01% |
173,369
+6,504
| +4% | +$817K |
|
591
monday.com
MNDY
$9.98B
| $21.8M | 0.01% |
69,280
+4,574
| +7% | +$1.44M |
|
592
Post Holdings
POST
$5.77B
| $21.7M | 0.01% |
199,316
-35,528
| -15% | -$3.87M |
|
593
Boston Properties
BXP
$11.5B
| $21.6M | 0.01% |
320,306
+16,766
| +6% | +$1.13M |
|
594
Coherent
COHR
$15.5B
| $21.6M | 0.01% |
241,664
+100,411
| +71% | +$8.96M |
|
595
Saic
SAIC
$4.72B
| $21.4M | 0.01% |
190,352
-43,050
| -18% | -$4.85M |
|
596
APi Group
APG
$14.6B
| $21.2M | 0.01% |
623,679
+74,134
| +13% | +$2.52M |
|
597
Ralph Lauren
RL
$18.7B
| $21.2M | 0.01% |
77,202
+3,165
| +4% | +$868K |
|
598
Carlyle Group
CG
$23B
| $21M | 0.01% |
408,897
+71,497
| +21% | +$3.67M |
|
599
Healthcare Realty
HR
$6.4B
| $21M | 0.01% |
1,323,389
-320,010
| -19% | -$5.08M |
|
600
Dropbox
DBX
$8.42B
| $20.9M | 0.01% |
731,697
+333,121
| +84% | +$9.53M |
|