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 | |
|---|---|---|---|---|---|---|
926
Repligen
RGEN
$6.79B
| $8.46M | 0.01% |
67,989
-17,299
| -20% | -$2.15M |
|
927
Gentex
GNTX
$6.1B
| $8.45M | 0.01% |
384,192
+51,132
| +15% | +$1.12M |
|
928
Belden
BDC
$5.02B
| $8.4M | 0.01% |
72,509
+472
| +0.7% | +$54.7K |
|
929
Kemper
KMPR
$3.41B
| $8.36M | 0.01% |
129,505
-7,921
| -6% | -$511K |
|
930
Madrigal Pharmaceuticals
MDGL
$9.72B
| $8.35M | 0.01% |
27,583
+3
| +0% | +$908 |
|
931
Hyatt Hotels
H
$13.6B
| $8.27M | 0.01% |
59,252
-15,761
| -21% | -$2.2M |
|
932
United Bankshares
UBSI
$5.38B
| $8.23M | 0.01% |
225,915
+11,838
| +6% | +$431K |
|
933
Onto Innovation
ONTO
$5.09B
| $8.21M | 0.01% |
81,378
+3,437
| +4% | +$347K |
|
934
Glacier Bancorp
GBCI
$5.78B
| $8.19M | 0.01% |
190,180
+5,969
| +3% | +$257K |
|
935
Hamilton Lane
HLNE
$6.55B
| $8.19M | 0.01% |
57,598
+3,077
| +6% | +$437K |
|
936
Thor Industries
THO
$5.71B
| $8.15M | 0.01% |
91,732
+248
| +0.3% | +$22K |
|
937
SL Green Realty
SLG
$4.01B
| $8.14M | 0.01% |
131,528
+5,789
| +5% | +$358K |
|
938
Columbia Banking Systems
COLB
$5.68B
| $8.13M | 0.01% |
347,703
+56,923
| +20% | +$1.33M |
|
939
Silicon Laboratories
SLAB
$4.28B
| $8.09M | 0.01% |
54,896
+7,065
| +15% | +$1.04M |
|
940
WEX
WEX
$5.79B
| $8.06M | 0.01% |
54,891
-16,134
| -23% | -$2.37M |
|
941
BlackLine
BL
$3.34B
| $8M | 0.01% |
141,352
+41,868
| +42% | +$2.37M |
|
942
Ionis Pharmaceuticals
IONS
$9.16B
| $7.98M | 0.01% |
201,993
+10,989
| +6% | +$434K |
|
943
Euronet Worldwide
EEFT
$3.74B
| $7.92M | 0.01% |
78,155
-1,953
| -2% | -$198K |
|
944
Guardant Health
GH
$8.29B
| $7.89M | 0.01% |
151,701
-7,968
| -5% | -$415K |
|
945
Revolution Medicines
RVMD
$7.39B
| $7.89M | 0.01% |
214,430
+1,515
| +0.7% | +$55.7K |
|
946
First Financial Bankshares
FFIN
$5.22B
| $7.84M | 0.01% |
217,827
+10,968
| +5% | +$395K |
|
947
Sensata Technologies
ST
$4.66B
| $7.82M | 0.01% |
259,704
+19,512
| +8% | +$588K |
|
948
MDU Resources
MDU
$3.33B
| $7.8M | 0.01% |
467,759
+45,993
| +11% | +$767K |
|
949
Bio-Rad Laboratories Class A
BIO
$7.87B
| $7.77M | ﹤0.01% |
32,197
-1,283
| -4% | -$310K |
|
950
Franklin Electric
FELE
$4.3B
| $7.76M | ﹤0.01% |
86,486
+68
| +0.1% | +$6.1K |
|