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 | |
|---|---|---|---|---|---|---|
1051
ICU Medical
ICUI
$3.15B
| $4.67M | ﹤0.01% |
35,342
+1,320
| +4% | +$174K |
|
1052
Douglas Emmett
DEI
$2.71B
| $4.65M | ﹤0.01% |
308,926
+21,797
| +8% | +$328K |
|
1053
Nomad Foods
NOMD
$2.33B
| $4.56M | ﹤0.01% |
268,627
+1,044
| +0.4% | +$17.7K |
|
1054
Westlake Corp
WLK
$11.3B
| $4.55M | ﹤0.01% |
59,872
+1,042
| +2% | +$79.1K |
|
1055
Yeti Holdings
YETI
$2.86B
| $4.54M | ﹤0.01% |
144,069
+3,507
| +2% | +$111K |
|
1056
Goodyear
GT
$2.43B
| $4.51M | ﹤0.01% |
434,924
+7,835
| +2% | +$81.2K |
|
1057
Marriott Vacations Worldwide
VAC
$2.7B
| $4.47M | ﹤0.01% |
61,860
+67
| +0.1% | +$4.85K |
|
1058
Cleveland-Cliffs
CLF
$5.32B
| $4.47M | ﹤0.01% |
587,969
+48,474
| +9% | +$368K |
|
1059
National Storage Affiliates Trust
NSA
$2.47B
| $4.46M | ﹤0.01% |
139,286
+9,435
| +7% | +$302K |
|
1060
LCI Industries
LCII
$2.56B
| $4.42M | ﹤0.01% |
48,506
+1,493
| +3% | +$136K |
|
1061
LivaNova
LIVN
$3.08B
| $4.42M | ﹤0.01% |
98,086
+2,727
| +3% | +$123K |
|
1062
Bank of Hawaii
BOH
$2.71B
| $4.37M | ﹤0.01% |
64,735
+4,628
| +8% | +$313K |
|
1063
PENN Entertainment
PENN
$2.95B
| $4.36M | ﹤0.01% |
244,129
+25,126
| +11% | +$449K |
|
1064
Organon & Co
OGN
$2.45B
| $4.35M | ﹤0.01% |
449,251
+27,759
| +7% | +$269K |
|
1065
Freshpet
FRPT
$2.72B
| $4.25M | ﹤0.01% |
62,470
+1,041
| +2% | +$70.7K |
|
1066
Crane NXT
CXT
$3.43B
| $4.21M | ﹤0.01% |
78,097
+662
| +0.9% | +$35.7K |
|
1067
Independent Bank
INDB
$3.57B
| $4.14M | ﹤0.01% |
65,838
+3,629
| +6% | +$228K |
|
1068
Ultragenyx Pharmaceutical
RARE
$2.89B
| $4.09M | ﹤0.01% |
112,509
-27,937
| -20% | -$1.02M |
|
|
FLG
1069
Flagstar Financial, Inc.
FLG
$5.33B
| $4.01M | ﹤0.01% |
378,221
+100,091
| +36% | +$1.06M |
|
1070
nCino
NCNO
$3.72B
| $3.98M | ﹤0.01% |
142,234
+4,955
| +4% | +$139K |
|
1071
Diodes
DIOD
$2.53B
| $3.96M | ﹤0.01% |
74,939
+3,884
| +5% | +$205K |
|
1072
Park Hotels & Resorts
PK
$2.35B
| $3.83M | ﹤0.01% |
374,196
+12,555
| +3% | +$128K |
|
1073
Olin
OLN
$2.71B
| $3.82M | ﹤0.01% |
190,090
+14,596
| +8% | +$293K |
|
1074
ASGN Inc
ASGN
$2.38B
| $3.78M | ﹤0.01% |
75,715
-709
| -0.9% | -$35.4K |
|
|
FINV
1075
FinVolution Group
FINV
$2.09B
| $3.76M | ﹤0.01% |
396,600
+96,853
| +32% | +$918K |
|