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 | |
|---|---|---|---|---|---|---|
776
Essent Group
ESNT
$6.29B
| $12.5M | 0.01% |
206,205
+1,752
| +0.9% | +$106K |
|
777
Voya Financial
VOYA
$7.3B
| $12.5M | 0.01% |
176,281
-785
| -0.4% | -$55.7K |
|
778
Avantor
AVTR
$8.95B
| $12.5M | 0.01% |
929,005
+89,780
| +11% | +$1.21M |
|
779
Chart Industries
GTLS
$8.98B
| $12.5M | 0.01% |
75,645
+5,443
| +8% | +$896K |
|
780
Antero Midstream
AM
$8.66B
| $12.4M | 0.01% |
653,544
+72,851
| +13% | +$1.38M |
|
781
Eagle Materials
EXP
$7.71B
| $12.4M | 0.01% |
61,135
+1,469
| +2% | +$297K |
|
782
Axalta
AXTA
$7.01B
| $12.3M | 0.01% |
415,292
+41,268
| +11% | +$1.23M |
|
783
Badger Meter
BMI
$5.38B
| $12.3M | 0.01% |
50,225
+5,041
| +11% | +$1.23M |
|
784
Moderna
MRNA
$9.66B
| $12.3M | 0.01% |
445,190
+73,654
| +20% | +$2.03M |
|
785
Alcoa
AA
$8.3B
| $12.3M | 0.01% |
415,609
+49,199
| +13% | +$1.45M |
|
786
Halozyme
HALO
$8.87B
| $12.3M | 0.01% |
235,728
+10,016
| +4% | +$521K |
|
787
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.72B
| $12.3M | 0.01% |
282,654
+68,588
| +32% | +$2.97M |
|
788
Masimo
MASI
$8.08B
| $12.2M | 0.01% |
72,807
+2,932
| +4% | +$493K |
|
789
SharkNinja
SN
$16.2B
| $12.2M | 0.01% |
123,493
+9,671
| +8% | +$957K |
|
790
Flowserve
FLS
$7.28B
| $12.2M | 0.01% |
232,848
+22,108
| +10% | +$1.16M |
|
791
Synovus
SNV
$7.2B
| $12.2M | 0.01% |
234,800
+543
| +0.2% | +$28.1K |
|
792
Franklin Resources
BEN
$12.9B
| $12.1M | 0.01% |
509,171
+174,579
| +52% | +$4.16M |
|
793
Nextracker
NXT
$10.3B
| $12.1M | 0.01% |
222,960
+59,573
| +36% | +$3.24M |
|
794
Coca-Cola Consolidated
COKE
$10.6B
| $12.1M | 0.01% |
108,560
+750
| +0.7% | +$83.7K |
|
795
Elanco Animal Health
ELAN
$9.46B
| $12.1M | 0.01% |
848,442
+53,822
| +7% | +$769K |
|
796
Fortune Brands Innovations
FBIN
$7.29B
| $12.1M | 0.01% |
235,258
+16,032
| +7% | +$825K |
|
797
Mattel
MAT
$5.96B
| $12M | 0.01% |
607,039
+32,696
| +6% | +$645K |
|
798
Commercial Metals
CMC
$6.69B
| $11.9M | 0.01% |
243,898
+6,666
| +3% | +$326K |
|
799
Rambus
RMBS
$7.88B
| $11.9M | 0.01% |
185,883
+13,499
| +8% | +$864K |
|
800
SPX Corp
SPXC
$9.34B
| $11.9M | 0.01% |
70,954
+5,122
| +8% | +$859K |
|