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 |
Texas Instruments
TXN
|
+$139M |
| 2 |
IBM
IBM
|
+$71.2M |
| 3 |
Tesla
TSLA
|
+$63.6M |
| 4 |
McKesson
MCK
|
+$58.3M |
| 5 |
GE HealthCare
GEHC
|
+$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.15B |
| 2 |
Microsoft
MSFT
|
+$401M |
| 3 |
Amazon
AMZN
|
+$354M |
| 4 |
NVIDIA
NVDA
|
+$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
RenaissanceRe
RNR
$11.3B
| $26.6M | 0.02% |
132,623
-2,278
| -2% | -$456K |
|
502
Etsy
ETSY
$5.55B
| $26.2M | 0.02% |
235,369
-38,225
| -14% | -$4.26M |
|
503
Albertsons Companies
ACI
$10.8B
| $26.2M | 0.02% |
1,259,010
+900,524
| +251% | +$18.7M |
|
504
Manhattan Associates
MANH
$13.3B
| $26.1M | 0.02% |
168,866
-42,432
| -20% | -$6.57M |
|
505
MGM Resorts International
MGM
$9.8B
| $26.1M | 0.02% |
588,388
-120,570
| -17% | -$5.36M |
|
506
Lattice Semiconductor
LSCC
$9.05B
| $26.1M | 0.02% |
272,980
-39,509
| -13% | -$3.77M |
|
507
Pultegroup
PHM
$27B
| $25.9M | 0.02% |
445,021
-66,682
| -13% | -$3.89M |
|
508
Ares Management
ARES
$38.7B
| $25.9M | 0.02% |
310,601
-36,584
| -11% | -$3.05M |
|
509
Packaging Corp of America
PKG
$19.4B
| $25.7M | 0.02% |
185,280
-31,135
| -14% | -$4.32M |
|
510
Gaming and Leisure Properties
GLPI
$13.6B
| $25.6M | 0.02% |
490,860
-79,396
| -14% | -$4.13M |
|
511
Seagate
STX
$40.7B
| $25.5M | 0.02% |
385,175
-60,615
| -14% | -$4.01M |
|
512
Dell
DELL
$82B
| $25.3M | 0.02% |
630,039
-192,657
| -23% | -$7.75M |
|
513
Jabil
JBL
$22.5B
| $25.3M | 0.02% |
286,931
-37,673
| -12% | -$3.32M |
|
514
Builders FirstSource
BLDR
$15.5B
| $25.3M | 0.02% |
284,634
-59,989
| -17% | -$5.33M |
|
515
Coupang
CPNG
$58.9B
| $25.1M | 0.02% |
1,569,057
-168,860
| -10% | -$2.7M |
|
516
Trimble
TRMB
$19.3B
| $25M | 0.02% |
477,131
-78,504
| -14% | -$4.12M |
|
517
W.R. Berkley
WRB
$27.5B
| $25M | 0.02% |
602,183
-125,730
| -17% | -$5.22M |
|
518
Post Holdings
POST
$5.77B
| $25M | 0.02% |
277,715
+143,267
| +107% | +$12.9M |
|
519
Roblox
RBLX
$91.4B
| $25M | 0.02% |
554,822
-105,823
| -16% | -$4.76M |
|
520
Burlington
BURL
$18.3B
| $24.9M | 0.02% |
122,975
-2,880
| -2% | -$582K |
|
521
Carlisle Companies
CSL
$16.8B
| $24.8M | 0.02% |
109,750
-12,484
| -10% | -$2.82M |
|
522
Synchrony
SYF
$28B
| $24.8M | 0.02% |
853,112
-173,949
| -17% | -$5.06M |
|
523
BorgWarner
BWA
$9.45B
| $24.8M | 0.02% |
573,470
-44,806
| -7% | -$1.94M |
|
524
International Paper
IP
$25B
| $24.7M | 0.02% |
685,097
-120,738
| -15% | -$4.35M |
|
525
HealthEquity
HQY
$8.01B
| $24.6M | 0.02% |
418,314
+225,138
| +117% | +$13.2M |
|