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 | |
|---|---|---|---|---|---|---|
826
AGNC Investment
AGNC
$10.8B
| $11.2M | 0.01% |
1,223,107
+101,620
| +9% | +$934K |
|
827
First American
FAF
$6.93B
| $11.2M | 0.01% |
183,074
+5,045
| +3% | +$310K |
|
828
Wyndham Hotels & Resorts
WH
$6.69B
| $11.2M | 0.01% |
137,877
-3,340
| -2% | -$271K |
|
829
ESAB
ESAB
$7.03B
| $11.2M | 0.01% |
92,866
+24
| +0% | +$2.89K |
|
830
Lyft
LYFT
$7.34B
| $11.2M | 0.01% |
709,188
+79,634
| +13% | +$1.26M |
|
831
First Industrial Realty Trust
FR
$6.89B
| $11.2M | 0.01% |
231,756
+14,728
| +7% | +$709K |
|
832
Taylor Morrison
TMHC
$7.1B
| $11.1M | 0.01% |
181,080
+7,820
| +5% | +$480K |
|
|
BPMC
833
DELISTED
Blueprint Medicines
BPMC
| $11.1M | 0.01% |
86,709
+9,153
| +12% | +$1.17M |
|
834
Jackson Financial
JXN
$6.61B
| $11.1M | 0.01% |
125,008
+4,746
| +4% | +$421K |
|
835
Kirby Corp
KEX
$4.93B
| $11M | 0.01% |
96,565
+3,292
| +4% | +$373K |
|
836
Louisiana-Pacific
LPX
$6.91B
| $10.9M | 0.01% |
126,562
+2,867
| +2% | +$247K |
|
837
MKS Inc. Common Stock
MKSI
$7.22B
| $10.8M | 0.01% |
108,576
-150,413
| -58% | -$14.9M |
|
838
Federal Signal
FSS
$7.61B
| $10.8M | 0.01% |
101,156
+11,289
| +13% | +$1.2M |
|
839
Mine Safety
MSA
$6.65B
| $10.7M | 0.01% |
63,922
+70
| +0.1% | +$11.7K |
|
840
Rithm Capital
RITM
$6.64B
| $10.7M | 0.01% |
945,574
+80,757
| +9% | +$912K |
|
841
Floor & Decor
FND
$9.5B
| $10.6M | 0.01% |
140,132
+15,821
| +13% | +$1.2M |
|
842
Cadence Bank
CADE
$7.04B
| $10.6M | 0.01% |
331,605
+18,845
| +6% | +$603K |
|
843
Bio-Techne
TECH
$8.35B
| $10.6M | 0.01% |
205,574
-38,212
| -16% | -$1.97M |
|
844
Ryman Hospitality Properties
RHP
$6.32B
| $10.6M | 0.01% |
107,069
+303
| +0.3% | +$29.9K |
|
845
Itron
ITRI
$5.49B
| $10.6M | 0.01% |
80,248
+3,635
| +5% | +$478K |
|
846
Q2 Holdings
QTWO
$5.26B
| $10.5M | 0.01% |
112,718
+7,589
| +7% | +$710K |
|
847
Perrigo
PRGO
$3.06B
| $10.5M | 0.01% |
393,445
+151,868
| +63% | +$4.06M |
|
848
Blackbaud
BLKB
$3.29B
| $10.5M | 0.01% |
163,365
-48,983
| -23% | -$3.15M |
|
849
Element Solutions
ESI
$6.31B
| $10.5M | 0.01% |
462,885
+55,022
| +13% | +$1.25M |
|
850
Lincoln National
LNC
$7.79B
| $10.4M | 0.01% |
301,059
+25,900
| +9% | +$896K |
|