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 | |
|---|---|---|---|---|---|---|
651
Varonis Systems
VRNS
$6.43B
| $18.1M | 0.01% |
356,751
-138,541
| -28% | -$7.03M |
|
652
ONE Gas
OGS
$4.48B
| $18.1M | 0.01% |
251,271
-31,490
| -11% | -$2.26M |
|
653
XPO
XPO
$15.4B
| $18M | 0.01% |
142,712
+10,605
| +8% | +$1.34M |
|
654
Silgan Holdings
SLGN
$4.76B
| $17.9M | 0.01% |
331,185
-26,462
| -7% | -$1.43M |
|
655
Universal Health Services
UHS
$11.9B
| $17.9M | 0.01% |
98,930
+1,970
| +2% | +$357K |
|
656
Rivian
RIVN
$16.9B
| $17.9M | 0.01% |
1,300,269
+47,061
| +4% | +$647K |
|
657
Sabra Healthcare REIT
SBRA
$4.58B
| $17.8M | 0.01% |
963,521
-139,109
| -13% | -$2.57M |
|
658
Dolby
DLB
$6.93B
| $17.5M | 0.01% |
235,719
-41,040
| -15% | -$3.05M |
|
659
Genpact
G
$7.61B
| $17.4M | 0.01% |
395,036
-79,555
| -17% | -$3.5M |
|
660
Solventum
SOLV
$12.6B
| $17.4M | 0.01% |
229,019
+17,710
| +8% | +$1.34M |
|
661
Houlihan Lokey
HLI
$13.8B
| $17.4M | 0.01% |
96,514
+4,584
| +5% | +$825K |
|
662
Mueller Industries
MLI
$10.6B
| $17.3M | 0.01% |
218,288
-644
| -0.3% | -$51.2K |
|
663
Allison Transmission
ALSN
$7.41B
| $17.3M | 0.01% |
182,506
+3,127
| +2% | +$297K |
|
664
Samsara
IOT
$22B
| $17.3M | 0.01% |
433,887
+224,401
| +107% | +$8.93M |
|
665
CubeSmart
CUBE
$9.29B
| $17M | 0.01% |
400,825
+33,061
| +9% | +$1.41M |
|
666
Stanley Black & Decker
SWK
$11.9B
| $17M | 0.01% |
251,365
+19,488
| +8% | +$1.32M |
|
667
Jefferies Financial Group
JEF
$13.3B
| $17M | 0.01% |
310,508
-21,896
| -7% | -$1.2M |
|
668
Madison Square Garden
MSGS
$4.96B
| $17M | 0.01% |
81,131
-5,188
| -6% | -$1.08M |
|
669
Portland General Electric
POR
$4.64B
| $16.9M | 0.01% |
416,148
-59,618
| -13% | -$2.42M |
|
670
Kyndryl
KD
$7.66B
| $16.9M | 0.01% |
402,707
+50,214
| +14% | +$2.11M |
|
671
Hims & Hers Health
HIMS
$10.8B
| $16.9M | 0.01% |
338,620
+29,471
| +10% | +$1.47M |
|
672
LKQ Corp
LKQ
$8.31B
| $16.9M | 0.01% |
455,728
+39,353
| +9% | +$1.46M |
|
673
Applied Industrial Technologies
AIT
$9.88B
| $16.9M | 0.01% |
72,549
+2,044
| +3% | +$475K |
|
674
Hasbro
HAS
$11B
| $16.9M | 0.01% |
228,354
+4,111
| +2% | +$303K |
|
675
Range Resources
RRC
$8.17B
| $16.7M | 0.01% |
410,651
+30,481
| +8% | +$1.24M |
|