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 | |
|---|---|---|---|---|---|---|
851
Western Union
WU
$2.82B
| $10.3M | 0.01% |
1,223,742
-539,994
| -31% | -$4.55M |
|
852
CAVA Group
CAVA
$7.58B
| $10.3M | 0.01% |
122,141
-4,270
| -3% | -$360K |
|
853
Alaska Air
ALK
$7.34B
| $10.2M | 0.01% |
207,058
-23,998
| -10% | -$1.19M |
|
854
Celanese
CE
$5.09B
| $10.2M | 0.01% |
184,980
+11,347
| +7% | +$628K |
|
855
Etsy
ETSY
$5.77B
| $10.2M | 0.01% |
203,903
+1,489
| +0.7% | +$74.7K |
|
856
Frontdoor
FTDR
$4.75B
| $10.2M | 0.01% |
173,307
+8,670
| +5% | +$511K |
|
857
Chord Energy
CHRD
$5.9B
| $10.2M | 0.01% |
105,196
-96
| -0.1% | -$9.3K |
|
858
Celsius Holdings
CELH
$14.3B
| $10.2M | 0.01% |
219,424
-1,044
| -0.5% | -$48.4K |
|
859
UFP Industries
UFPI
$6.01B
| $10.2M | 0.01% |
102,446
+5,312
| +5% | +$528K |
|
860
Lear
LEA
$6B
| $10.2M | 0.01% |
106,950
+21
| +0% | +$2K |
|
861
Caesars Entertainment
CZR
$5.49B
| $10.2M | 0.01% |
357,621
+23,895
| +7% | +$678K |
|
862
Cirrus Logic
CRUS
$6.03B
| $10.1M | 0.01% |
96,852
+2,221
| +2% | +$232K |
|
863
Vipshop
VIPS
$8.58B
| $10.1M | 0.01% |
668,627
+58,820
| +10% | +$885K |
|
864
Essential Properties Realty Trust
EPRT
$6.04B
| $10M | 0.01% |
314,325
+75,542
| +32% | +$2.41M |
|
865
ACI Worldwide
ACIW
$5.28B
| $9.98M | 0.01% |
217,437
+8,646
| +4% | +$397K |
|
866
Air Lease Corp
AL
$7.12B
| $9.97M | 0.01% |
170,376
+38,889
| +30% | +$2.27M |
|
867
IAC Inc
IAC
$2.92B
| $9.96M | 0.01% |
266,763
-104,970
| -28% | -$3.92M |
|
868
Invesco
IVZ
$9.81B
| $9.94M | 0.01% |
630,540
+98,128
| +18% | +$1.55M |
|
869
Vail Resorts
MTN
$5.64B
| $9.94M | 0.01% |
63,251
+173
| +0.3% | +$27.2K |
|
|
RAL
870
Ralliant Corporation
RAL
$4.77B
| $9.94M | 0.01% |
+204,934
| New | +$9.94M |
|
871
Alarm.com
ALRM
$2.84B
| $9.93M | 0.01% |
175,569
-10,280
| -6% | -$582K |
|
872
Radian Group
RDN
$4.77B
| $9.93M | 0.01% |
275,716
+8,579
| +3% | +$309K |
|
873
Littelfuse
LFUS
$6.5B
| $9.93M | 0.01% |
43,780
+70
| +0.2% | +$15.9K |
|
|
AMED
874
DELISTED
Amedisys
AMED
| $9.92M | 0.01% |
100,828
-34,559
| -26% | -$3.4M |
|
875
Lazard
LAZ
$5.3B
| $9.87M | 0.01% |
205,802
+2,686
| +1% | +$129K |
|