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 | |
|---|---|---|---|---|---|---|
626
Aramark
ARMK
$10.1B
| $19.5M | 0.01% |
465,223
+33,460
| +8% | +$1.4M |
|
627
Box
BOX
$4.86B
| $19.3M | 0.01% |
564,325
-91,570
| -14% | -$3.13M |
|
628
Pool Corp
POOL
$12.5B
| $19.2M | 0.01% |
66,039
+216
| +0.3% | +$63K |
|
629
Stifel
SF
$11.5B
| $19.2M | 0.01% |
185,232
-4,471
| -2% | -$464K |
|
630
Annaly Capital Management
NLY
$14.2B
| $19.2M | 0.01% |
1,018,074
+160,473
| +19% | +$3.02M |
|
631
On Holding
ONON
$14.8B
| $19.1M | 0.01% |
367,527
-11,310
| -3% | -$589K |
|
632
Ally Financial
ALLY
$12.7B
| $19M | 0.01% |
487,280
+33,261
| +7% | +$1.3M |
|
633
MasTec
MTZ
$13.9B
| $18.9M | 0.01% |
111,137
+6,976
| +7% | +$1.19M |
|
634
First Horizon
FHN
$11.3B
| $18.9M | 0.01% |
889,818
+75,914
| +9% | +$1.61M |
|
635
New Jersey Resources
NJR
$4.67B
| $18.8M | 0.01% |
419,931
-32,047
| -7% | -$1.44M |
|
636
Viatris
VTRS
$12.2B
| $18.8M | 0.01% |
2,102,774
+89,146
| +4% | +$796K |
|
637
FTI Consulting
FCN
$5.41B
| $18.8M | 0.01% |
116,216
-30,059
| -21% | -$4.85M |
|
638
White Mountains Insurance
WTM
$4.55B
| $18.7M | 0.01% |
10,394
-1,141
| -10% | -$2.05M |
|
639
TopBuild
BLD
$12.2B
| $18.6M | 0.01% |
57,537
+246
| +0.4% | +$79.6K |
|
640
Lamar Advertising Co
LAMR
$13B
| $18.6M | 0.01% |
152,967
+951
| +0.6% | +$115K |
|
641
RBC Bearings
RBC
$12.1B
| $18.5M | 0.01% |
47,990
+2,564
| +6% | +$987K |
|
642
Mr. Cooper
COOP
$13.8B
| $18.4M | 0.01% |
123,379
+5,541
| +5% | +$827K |
|
643
IonQ
IONQ
$13.1B
| $18.4M | 0.01% |
427,567
+90,104
| +27% | +$3.87M |
|
644
Avnet
AVT
$4.45B
| $18.3M | 0.01% |
345,461
-64,348
| -16% | -$3.42M |
|
645
AptarGroup
ATR
$9.11B
| $18.3M | 0.01% |
116,951
+2,838
| +2% | +$444K |
|
646
Ovintiv
OVV
$10.6B
| $18.3M | 0.01% |
480,607
+20,252
| +4% | +$771K |
|
647
Roku
ROKU
$14.6B
| $18.3M | 0.01% |
207,771
+16,917
| +9% | +$1.49M |
|
648
Tetra Tech
TTEK
$9.38B
| $18.2M | 0.01% |
506,129
+21,565
| +4% | +$775K |
|
649
Burlington
BURL
$18.3B
| $18.1M | 0.01% |
78,009
-18,370
| -19% | -$4.27M |
|
650
Evercore
EVR
$12.5B
| $18.1M | 0.01% |
67,105
+85
| +0.1% | +$23K |
|