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 |
NVIDIA
NVDA
|
+$894M |
| 2 |
UnitedHealth
UNH
|
+$430M |
| 3 |
Intel
INTC
|
+$409M |
| 4 |
Amazon
AMZN
|
+$352M |
| 5 |
Broadcom
AVGO
|
+$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$415M |
| 2 |
Microsoft
MSFT
|
+$275M |
| 3 |
VMW
VMware, Inc
VMW
|
+$221M |
| 4 |
JPMorgan Chase
JPM
|
+$146M |
| 5 |
Verizon
VZ
|
+$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
751
PVH
PVH
$3.93B
| $13.6M | 0.01% |
111,515
-6,263
| -5% | -$765K |
|
752
Mine Safety
MSA
$6.63B
| $13.6M | 0.01% |
80,520
-3,543
| -4% | -$598K |
|
753
Evercore
EVR
$12.8B
| $13.5M | 0.01% |
79,032
-1,206
| -2% | -$206K |
|
754
Range Resources
RRC
$8.3B
| $13.5M | 0.01% |
443,613
-17,835
| -4% | -$543K |
|
755
Voya Financial
VOYA
$7.3B
| $13.5M | 0.01% |
184,794
-5,227
| -3% | -$381K |
|
756
Elanco Animal Health
ELAN
$9.11B
| $13.4M | 0.01% |
900,060
-25,406
| -3% | -$379K |
|
757
Light & Wonder
LNW
$7.43B
| $13.4M | 0.01% |
163,027
-11,790
| -7% | -$968K |
|
758
Brunswick
BC
$4.23B
| $13.3M | 0.01% |
137,796
-4,655
| -3% | -$450K |
|
|
SWN
759
DELISTED
Southwestern Energy Company
SWN
| $13.3M | 0.01% |
2,034,631
-102,122
| -5% | -$669K |
|
760
Comfort Systems
FIX
$26.5B
| $13.3M | 0.01% |
64,651
+5,376
| +9% | +$1.11M |
|
761
HEICO
HEI
$44.1B
| $13.3M | 0.01% |
74,125
-6,671
| -8% | -$1.19M |
|
762
Oshkosh
OSK
$8.75B
| $13.3M | 0.01% |
122,244
-5,892
| -5% | -$639K |
|
|
FLG
763
Flagstar Financial, Inc.
FLG
$5.24B
| $13.2M | 0.01% |
431,014
-26,137
| -6% | -$802K |
|
764
Bio-Rad Laboratories Class A
BIO
$7.49B
| $13.2M | 0.01% |
40,887
-487
| -1% | -$157K |
|
765
SiteOne Landscape Supply
SITE
$6.39B
| $13.1M | 0.01% |
80,709
-4,920
| -6% | -$800K |
|
766
Chord Energy
CHRD
$6.1B
| $13.1M | 0.01% |
78,852
+3,128
| +4% | +$520K |
|
767
Gentex
GNTX
$6.15B
| $13.1M | 0.01% |
399,664
-24,743
| -6% | -$808K |
|
768
Western Alliance Bancorporation
WAL
$9.8B
| $13M | 0.01% |
197,823
-8,854
| -4% | -$583K |
|
769
SouthState Bank Corporation
SSB
$10.3B
| $13M | 0.01% |
153,817
-3,256
| -2% | -$275K |
|
770
Hanover Insurance
THG
$6.37B
| $12.9M | 0.01% |
106,278
+27,178
| +34% | +$3.3M |
|
771
First Industrial Realty Trust
FR
$6.77B
| $12.9M | 0.01% |
244,092
-9,025
| -4% | -$475K |
|
772
Trex
TREX
$6.43B
| $12.9M | 0.01% |
155,285
-6,462
| -4% | -$535K |
|
773
SoFi Technologies
SOFI
$30.6B
| $12.9M | 0.01% |
1,292,030
-48,933
| -4% | -$487K |
|
774
Olin
OLN
$2.92B
| $12.9M | 0.01% |
238,218
-11,526
| -5% | -$622K |
|
775
Meritage Homes
MTH
$5.59B
| $12.8M | 0.01% |
147,338
-4,260
| -3% | -$371K |
|