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 | |
|---|---|---|---|---|---|---|
901
FNB Corp
FNB
$5.92B
| $9.16M | 0.01% |
628,060
+72,289
| +13% | +$1.05M |
|
902
Graphic Packaging
GPK
$6.38B
| $9.16M | 0.01% |
434,561
-62,562
| -13% | -$1.32M |
|
903
FMC
FMC
$4.72B
| $9.13M | 0.01% |
218,647
+5,472
| +3% | +$228K |
|
904
Aurora
AUR
$10.6B
| $9.06M | 0.01% |
1,728,420
+299,369
| +21% | +$1.57M |
|
905
Hexcel
HXL
$5.16B
| $9.02M | 0.01% |
159,723
+3,193
| +2% | +$180K |
|
906
Sealed Air
SEE
$4.82B
| $9M | 0.01% |
290,083
+8,854
| +3% | +$275K |
|
907
Trex
TREX
$6.93B
| $8.98M | 0.01% |
165,137
+10,227
| +7% | +$556K |
|
908
Whirlpool
WHR
$5.28B
| $8.92M | 0.01% |
87,992
+3,369
| +4% | +$342K |
|
909
Saia
SAIA
$8.34B
| $8.92M | 0.01% |
32,543
+1,356
| +4% | +$372K |
|
|
GAP
910
The Gap, Inc.
GAP
$8.83B
| $8.91M | 0.01% |
408,572
+75,405
| +23% | +$1.64M |
|
911
WillScot Mobile Mini Holdings
WSC
$4.32B
| $8.91M | 0.01% |
325,212
+12,184
| +4% | +$334K |
|
912
Shake Shack
SHAK
$4.03B
| $8.88M | 0.01% |
63,176
+4,044
| +7% | +$569K |
|
913
Lumentum
LITE
$10.4B
| $8.87M | 0.01% |
93,336
+15,387
| +20% | +$1.46M |
|
914
Alkermes
ALKS
$4.94B
| $8.83M | 0.01% |
308,542
+15,352
| +5% | +$439K |
|
915
e.l.f. Beauty
ELF
$7.6B
| $8.79M | 0.01% |
70,601
+7,198
| +11% | +$896K |
|
|
CHX
916
DELISTED
ChampionX
CHX
| $8.75M | 0.01% |
352,387
+58,447
| +20% | +$1.45M |
|
917
Kite Realty
KRG
$5.11B
| $8.73M | 0.01% |
385,476
+48,935
| +15% | +$1.11M |
|
918
Timken Company
TKR
$5.42B
| $8.72M | 0.01% |
120,252
+4,749
| +4% | +$345K |
|
919
Advanced Energy
AEIS
$5.8B
| $8.71M | 0.01% |
65,733
+4,768
| +8% | +$632K |
|
920
Confluent
CFLT
$6.67B
| $8.65M | 0.01% |
347,016
+62,574
| +22% | +$1.56M |
|
921
Cousins Properties
CUZ
$4.95B
| $8.6M | 0.01% |
286,452
+22,741
| +9% | +$683K |
|
922
Home BancShares
HOMB
$5.88B
| $8.58M | 0.01% |
301,510
+31,151
| +12% | +$887K |
|
923
Hancock Whitney
HWC
$5.32B
| $8.52M | 0.01% |
148,441
+1,063
| +0.7% | +$61K |
|
924
Ormat Technologies
ORA
$5.51B
| $8.52M | 0.01% |
101,679
+18,005
| +22% | +$1.51M |
|
925
Americold
COLD
$3.98B
| $8.48M | 0.01% |
510,106
+29,363
| +6% | +$488K |
|