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 |
Costco
COST
|
$292M |
| 2 |
NVIDIA
NVDA
|
$284M |
| 3 |
Applied Materials
AMAT
|
$233M |
| 4 |
NXP Semiconductors
NXPI
|
$190M |
| 5 |
Microchip Technology
MCHP
|
$184M |
Top Sells
| 1 |
Tesla
TSLA
|
$1.17B |
| 2 |
Walmart
WMT
|
$198M |
| 3 |
KLA
KLAC
|
$190M |
| 4 |
Texas Instruments
TXN
|
$186M |
| 5 |
Starbucks
SBUX
|
$171M |
Sector Composition
| 1 | Technology | 33.41% |
| 2 | Financials | 12.58% |
| 3 | Healthcare | 12.38% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Zimmer Biomet
ZBH
$21B
| $39.4M | 0.03% |
364,861
-12,626
| -3% | -$1.36M |
|
452
Ball Corp
BALL
$13.9B
| $39.2M | 0.03% |
576,926
+25,178
| +5% | +$1.71M |
|
453
Coupang
CPNG
$52.8B
| $39.1M | 0.03% |
1,593,222
+42,821
| +3% | +$1.05M |
|
454
Arrow Electronics
ARW
$6.6B
| $39M | 0.03% |
293,615
-9,379
| -3% | -$1.25M |
|
455
Regions Financial
RF
$24.5B
| $39M | 0.03% |
1,671,097
-53,560
| -3% | -$1.25M |
|
456
OGE Energy
OGE
$8.91B
| $38.7M | 0.03% |
943,254
+22,545
| +2% | +$925K |
|
457
NRG Energy
NRG
$28.8B
| $38.4M | 0.03% |
421,398
+7,773
| +2% | +$708K |
|
458
Waters Corp
WAT
$18.2B
| $38.1M | 0.03% |
105,783
+204
| +0.2% | +$73.4K |
|
459
Reliance Steel & Aluminium
RS
$15.8B
| $37.7M | 0.03% |
130,454
+8,510
| +7% | +$2.46M |
|
460
Williams-Sonoma
WSM
$25B
| $37.5M | 0.03% |
241,772
-3,276
| -1% | -$508K |
|
461
Roblox
RBLX
$89.7B
| $37.5M | 0.03% |
846,143
+174,688
| +26% | +$7.73M |
|
462
Lennox International
LII
$20.3B
| $37.3M | 0.03% |
61,796
+224
| +0.4% | +$135K |
|
463
Huntington Bancshares
HBAN
$26.2B
| $37.2M | 0.03% |
2,529,076
-14,401
| -0.6% | -$212K |
|
464
Curtiss-Wright
CW
$18.2B
| $37.1M | 0.03% |
112,983
-6,714
| -6% | -$2.21M |
|
465
Invitation Homes
INVH
$18.8B
| $37M | 0.03% |
1,048,644
+3,729
| +0.4% | +$131K |
|
466
The Ensign Group
ENSG
$10.1B
| $36.9M | 0.03% |
256,903
-11,729
| -4% | -$1.69M |
|
467
United Airlines
UAL
$34.6B
| $36.5M | 0.03% |
639,885
+26,718
| +4% | +$1.52M |
|
468
Knight Transportation
KNX
$7.23B
| $36.4M | 0.03% |
675,200
-101,999
| -13% | -$5.5M |
|
469
Albertsons Companies
ACI
$10.6B
| $36.3M | 0.03% |
1,966,830
-75,674
| -4% | -$1.4M |
|
470
Super Micro Computer
SMCI
$24.2B
| $36.3M | 0.03% |
871,030
-8,790
| -1% | -$366K |
|
471
BWX Technologies
BWXT
$14.9B
| $36.2M | 0.03% |
332,800
-7,293
| -2% | -$793K |
|
472
Exelixis
EXEL
$10.2B
| $36.1M | 0.03% |
1,392,425
-72,247
| -5% | -$1.87M |
|
473
Expedia Group
EXPE
$27.1B
| $35.9M | 0.03% |
242,686
-2,519
| -1% | -$373K |
|
474
H&R Block
HRB
$6.92B
| $35.9M | 0.03% |
564,200
-18,443
| -3% | -$1.17M |
|
475
Teradyne
TER
$19.5B
| $35.6M | 0.02% |
265,884
+3,962
| +2% | +$531K |
|