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 | |
|---|---|---|---|---|---|---|
676
Exact Sciences
EXAS
$10.5B
| $16.7M | 0.01% |
313,346
+79,988
| +34% | +$4.25M |
|
677
Black Hills Corp
BKH
$4.27B
| $16.6M | 0.01% |
295,846
-50,054
| -14% | -$2.81M |
|
678
UGI
UGI
$7.36B
| $16.4M | 0.01% |
450,863
+45,991
| +11% | +$1.67M |
|
679
Planet Fitness
PLNT
$8.61B
| $16.3M | 0.01% |
149,821
+5,530
| +4% | +$603K |
|
680
EPAM Systems
EPAM
$9.19B
| $16.3M | 0.01% |
92,057
+4,944
| +6% | +$874K |
|
681
KE Holdings
BEKE
$23.5B
| $16.2M | 0.01% |
914,656
+45,871
| +5% | +$814K |
|
682
Spire
SR
$4.47B
| $16.2M | 0.01% |
221,590
-50,189
| -18% | -$3.66M |
|
|
BCPC
683
Balchem Corporation
BCPC
$5.14B
| $16M | 0.01% |
100,756
+193
| +0.2% | +$30.7K |
|
684
Zillow
Z
$21.1B
| $16M | 0.01% |
228,973
+27,884
| +14% | +$1.95M |
|
685
SEI Investments
SEIC
$10.7B
| $16M | 0.01% |
178,461
+19,194
| +12% | +$1.72M |
|
686
Corebridge Financial
CRBG
$18B
| $16M | 0.01% |
451,520
-5,546
| -1% | -$197K |
|
687
FTAI Aviation
FTAI
$17B
| $16M | 0.01% |
138,890
-27,380
| -16% | -$3.15M |
|
688
Webster Financial
WBS
$10.2B
| $16M | 0.01% |
292,392
-914
| -0.3% | -$49.9K |
|
689
New York Times
NYT
$9.48B
| $15.8M | 0.01% |
282,463
+17,683
| +7% | +$990K |
|
690
ATI
ATI
$10.3B
| $15.8M | 0.01% |
183,104
+27,614
| +18% | +$2.38M |
|
691
WESCO International
WCC
$10.3B
| $15.8M | 0.01% |
85,070
+8,210
| +11% | +$1.52M |
|
692
Penumbra
PEN
$11.2B
| $15.7M | 0.01% |
61,027
+4,491
| +8% | +$1.15M |
|
693
Interpublic Group of Companies
IPG
$9.74B
| $15.6M | 0.01% |
637,012
+42,035
| +7% | +$1.03M |
|
694
Entegris
ENTG
$12.3B
| $15.6M | 0.01% |
193,090
+13,544
| +8% | +$1.09M |
|
695
Ingredion
INGR
$8.16B
| $15.6M | 0.01% |
114,739
-1,696
| -1% | -$230K |
|
696
Norwegian Cruise Line
NCLH
$11.5B
| $15.6M | 0.01% |
766,825
+37,071
| +5% | +$752K |
|
697
Eastman Chemical
EMN
$7.76B
| $15.5M | 0.01% |
207,978
+8,978
| +5% | +$670K |
|
698
National Fuel Gas
NFG
$7.77B
| $15.5M | 0.01% |
183,019
+10,614
| +6% | +$899K |
|
699
Regal Rexnord
RRX
$9.45B
| $15.4M | 0.01% |
106,010
+3,243
| +3% | +$470K |
|
700
Crane Co
CR
$10.5B
| $15.3M | 0.01% |
80,562
+166
| +0.2% | +$31.5K |
|