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 | |
|---|---|---|---|---|---|---|
951
BILL Holdings
BILL
$4.72B
| $7.75M | ﹤0.01% |
167,487
+3,602
| +2% | +$167K |
|
|
NBIS
952
Nebius Group N.V. Class A Ordinary Shares
NBIS
$16.3B
| $7.75M | ﹤0.01% |
140,000
-60,000
| -30% | -$3.32M |
|
953
Phillips Edison & Co
PECO
$4.42B
| $7.67M | ﹤0.01% |
218,856
+16,922
| +8% | +$593K |
|
954
GitLab
GTLB
$7.93B
| $7.57M | ﹤0.01% |
167,870
+24,448
| +17% | +$1.1M |
|
955
Moog
MOG.A
$6.2B
| $7.56M | ﹤0.01% |
41,757
+8,590
| +26% | +$1.55M |
|
956
Cabot Corp
CBT
$4.34B
| $7.54M | ﹤0.01% |
100,500
+901
| +0.9% | +$67.6K |
|
957
Valley National Bancorp
VLY
$5.85B
| $7.51M | ﹤0.01% |
841,420
+54,177
| +7% | +$484K |
|
958
Kilroy Realty
KRC
$4.92B
| $7.51M | ﹤0.01% |
218,893
+7,760
| +4% | +$266K |
|
959
Asbury Automotive
ABG
$4.95B
| $7.46M | ﹤0.01% |
31,258
-1,325
| -4% | -$316K |
|
960
GXO Logistics
GXO
$6.03B
| $7.41M | ﹤0.01% |
152,238
+12,590
| +9% | +$613K |
|
|
SNDK
961
Sandisk Corporation Common Stock
SNDK
$7.65B
| $7.39M | ﹤0.01% |
162,900
-12,300
| -7% | -$558K |
|
962
Robert Half
RHI
$3.8B
| $7.38M | ﹤0.01% |
179,749
+6,664
| +4% | +$274K |
|
963
Spirit AeroSystems
SPR
$4.88B
| $7.32M | ﹤0.01% |
191,950
+21,951
| +13% | +$837K |
|
964
Lumen
LUMN
$5.1B
| $7.31M | ﹤0.01% |
1,669,665
-37,443
| -2% | -$164K |
|
965
GATX Corp
GATX
$6B
| $7.27M | ﹤0.01% |
47,358
-5,285
| -10% | -$812K |
|
966
Magnolia Oil & Gas
MGY
$4.61B
| $7.21M | ﹤0.01% |
320,662
+32,175
| +11% | +$723K |
|
967
GameStop
GME
$10B
| $7.18M | ﹤0.01% |
294,435
+155,127
| +111% | +$3.78M |
|
968
MSC Industrial Direct
MSM
$5.02B
| $7.17M | ﹤0.01% |
84,326
+4,365
| +5% | +$371K |
|
969
Sonoco
SON
$4.66B
| $7.16M | ﹤0.01% |
164,351
+2,632
| +2% | +$115K |
|
970
Independence Realty Trust
IRT
$4.23B
| $7.15M | ﹤0.01% |
403,972
+14,865
| +4% | +$263K |
|
971
StoneCo
STNE
$4.41B
| $7.14M | ﹤0.01% |
444,854
+89,202
| +25% | +$1.43M |
|
972
Rayonier
RYN
$4.05B
| $7.12M | ﹤0.01% |
321,094
+19,986
| +7% | +$443K |
|
973
CNO Financial Group
CNO
$3.83B
| $7.11M | ﹤0.01% |
184,207
+11,347
| +7% | +$438K |
|
974
Brink's
BCO
$4.67B
| $7.09M | ﹤0.01% |
79,450
-3,670
| -4% | -$328K |
|
975
Herc Holdings
HRI
$4.35B
| $7.08M | ﹤0.01% |
53,728
+4,451
| +9% | +$586K |
|