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 | |
|---|---|---|---|---|---|---|
551
Snap-on
SNA
$17.1B
| $27.4M | 0.02% |
94,460
-3,383
| -3% | -$980K |
|
552
HealthEquity
HQY
$7.88B
| $27.3M | 0.02% |
332,971
+22,786
| +7% | +$1.87M |
|
553
Selective Insurance
SIGI
$4.86B
| $27.2M | 0.02% |
291,265
-20,140
| -6% | -$1.88M |
|
554
Kimco Realty
KIM
$15.4B
| $27.2M | 0.02% |
1,169,328
+5,811
| +0.5% | +$135K |
|
555
Equitable Holdings
EQH
$16B
| $27.1M | 0.02% |
645,038
+11,989
| +2% | +$504K |
|
556
Aecom
ACM
$16.8B
| $27.1M | 0.02% |
262,385
+2,718
| +1% | +$281K |
|
557
Liberty Media Series C
FWONK
$25.2B
| $26.8M | 0.02% |
345,723
+78,669
| +29% | +$6.09M |
|
558
KeyCorp
KEY
$20.8B
| $26.6M | 0.02% |
1,587,877
-8,679
| -0.5% | -$145K |
|
559
Robinhood
HOOD
$90B
| $26.5M | 0.02% |
1,133,151
+4,306
| +0.4% | +$101K |
|
560
Clean Harbors
CLH
$12.7B
| $26.3M | 0.02% |
108,890
+2,288
| +2% | +$553K |
|
561
Pure Storage
PSTG
$25.9B
| $26.3M | 0.02% |
522,823
+27,832
| +6% | +$1.4M |
|
562
Pool Corp
POOL
$12.4B
| $26.2M | 0.02% |
69,638
-819
| -1% | -$309K |
|
563
Nordson
NDSN
$12.6B
| $26.2M | 0.02% |
99,754
-3,707
| -4% | -$974K |
|
564
Bunge Global
BG
$16.9B
| $26.1M | 0.02% |
270,239
-5,802
| -2% | -$561K |
|
565
Zscaler
ZS
$42.7B
| $25.8M | 0.02% |
150,798
-1,808
| -1% | -$309K |
|
566
Enphase Energy
ENPH
$5.18B
| $25.6M | 0.02% |
226,924
+48,104
| +27% | +$5.44M |
|
567
Tetra Tech
TTEK
$9.48B
| $25.6M | 0.02% |
542,576
+16,401
| +3% | +$773K |
|
568
American Financial Group
AFG
$11.6B
| $25.6M | 0.02% |
189,877
+3,759
| +2% | +$506K |
|
569
Viatris
VTRS
$12.2B
| $25.4M | 0.02% |
2,191,102
-129,229
| -6% | -$1.5M |
|
570
TopBuild
BLD
$12.3B
| $25.4M | 0.02% |
62,369
-304
| -0.5% | -$124K |
|
571
Idacorp
IDA
$6.77B
| $25.2M | 0.02% |
244,482
+13,642
| +6% | +$1.41M |
|
572
Jones Lang LaSalle
JLL
$14.8B
| $25.1M | 0.02% |
93,206
+1,732
| +2% | +$467K |
|
573
Graco
GGG
$14.2B
| $25.1M | 0.02% |
286,858
-2,056
| -0.7% | -$180K |
|
574
Natera
NTRA
$23.1B
| $24.8M | 0.02% |
195,471
+708
| +0.4% | +$89.9K |
|
575
Boston Properties
BXP
$12.2B
| $24.8M | 0.02% |
307,695
+7,087
| +2% | +$570K |
|