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 | |
|---|---|---|---|---|---|---|
1026
Macy's
M
$3.59B
| $5.4M | ﹤0.01% | 463,036 +45,561 | +11% | +$531K |
|
1027
Terex
TEX
$3.28B
| $5.38M | ﹤0.01% | 115,131 +2,306 | +2% | +$108K |
|
1028
Dentsply Sirona
XRAY
$2.85B
| $5.37M | ﹤0.01% | 338,392 +23,391 | +7% | +$371K |
|
1029
Community Bank
CBU
$3.17B
| $5.25M | ﹤0.01% | 92,254 +243 | +0.3% | +$13.8K |
|
1030
Globant
GLOB
$2.96B
| $5.19M | ﹤0.01% | 57,104 -9,903 | -15% | -$900K |
|
1031
Academy Sports + Outdoors
ASO
$3.56B
| $5.17M | ﹤0.01% | 115,397 +1,279 | +1% | +$57.3K |
|
1032
TAL Education Group
TAL
$6.46B
| $5.17M | ﹤0.01% | 505,462 -37,470 | -7% | -$383K |
|
1033
Credit Acceptance
CACC
$5.78B
| $5.14M | ﹤0.01% | 10,087 +143 | +1% | +$72.8K |
|
1034
H.B. Fuller
FUL
$3.29B
| $5.09M | ﹤0.01% | 84,598 +4,237 | +5% | +$255K |
|
1035
SM Energy
SM
$3.28B
| $5.07M | ﹤0.01% | 205,239 -2,576 | -1% | -$63.7K |
|
1036
CRISPR Therapeutics
CRSP
$4.71B
| $5.04M | ﹤0.01% | 103,628 +8,011 | +8% | +$390K |
|
1037
Inspire Medical Systems
INSP
$2.77B
| $5M | ﹤0.01% | 38,537 +5 | +0% | +$649 |
|
1038
Brighthouse Financial
BHF
$2.7B
| $4.98M | ﹤0.01% | 92,633 +1,439 | +2% | +$77.4K |
|
1039
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.51B
| $4.95M | ﹤0.01% | 184,326 +17,974 | +11% | +$483K |
|
1040
Vaxcyte
PCVX
$4B
| $4.94M | ﹤0.01% | 152,077 +9,340 | +7% | +$304K |
|
1041
Avient
AVNT
$3.42B
| $4.93M | ﹤0.01% | 152,709 +7,744 | +5% | +$250K |
|
1042
DXC Technology
DXC
$2.59B
| $4.9M | ﹤0.01% | 320,388 +22,157 | +7% | +$339K |
|
|
GTM
1043
ZoomInfo Technologies
GTM
$3.47B
| $4.87M | ﹤0.01% | 480,971 +43,854 | +10% | +$444K |
|
1044
ScottsMiracle-Gro
SMG
$3.53B
| $4.85M | ﹤0.01% | 73,596 +746 | +1% | +$49.2K |
|
1045
Harley-Davidson
HOG
$3.54B
| $4.82M | ﹤0.01% | 204,156 +21,913 | +12% | +$517K |
|
1046
Blackstone Mortgage Trust
BXMT
$3.36B
| $4.78M | ﹤0.01% | 248,474 +17,347 | +8% | +$334K |
|
1047
Ashland
ASH
$2.57B
| $4.71M | ﹤0.01% | 93,761 +522 | +0.6% | +$26.2K |
|
1048
Cytokinetics
CYTK
$4.23B
| $4.71M | ﹤0.01% | 142,602 +13,911 | +11% | +$460K |
|
1049
Hilton Grand Vacations
HGV
$4.24B
| $4.69M | ﹤0.01% | 112,927 +1,370 | +1% | +$56.9K |
|
1050
Civitas Resources
CIVI
$3.41B
| $4.68M | ﹤0.01% | 170,125 +1,206 | +0.7% | +$33.2K |
|