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 | |
|---|---|---|---|---|---|---|
576
Avnet
AVT
$4.5B
| $20.4M | 0.02% |
451,291
+60,181
| +15% | +$2.72M |
|
577
Tapestry
TPR
$21.9B
| $20.4M | 0.02% |
472,506
-66,384
| -12% | -$2.86M |
|
578
Live Nation Entertainment
LYV
$39.6B
| $20.3M | 0.02% |
289,672
-44,104
| -13% | -$3.09M |
|
579
Southwest Gas
SWX
$5.67B
| $20.2M | 0.02% |
323,472
+83,846
| +35% | +$5.24M |
|
580
Kinsale Capital Group
KNSL
$9.92B
| $20.2M | 0.02% |
67,162
-12,859
| -16% | -$3.86M |
|
581
BWX Technologies
BWXT
$15.2B
| $20.1M | 0.02% |
319,007
+1,289
| +0.4% | +$81.3K |
|
582
Churchill Downs
CHDN
$6.77B
| $20.1M | 0.02% |
156,378
-10,970
| -7% | -$1.41M |
|
583
Okta
OKTA
$15.9B
| $20.1M | 0.02% |
232,491
-42,639
| -15% | -$3.68M |
|
584
Charles River Laboratories
CRL
$7.54B
| $19.9M | 0.02% |
98,757
-13,218
| -12% | -$2.67M |
|
585
Lincoln Electric
LECO
$13.4B
| $19.9M | 0.02% |
117,855
-12,128
| -9% | -$2.05M |
|
|
MZTI
586
The Marzetti Company Common Stock
MZTI
$4.97B
| $19.9M | 0.02% |
98,044
+9,359
| +11% | +$1.9M |
|
587
Vail Resorts
MTN
$5.37B
| $19.7M | 0.02% |
84,307
-6,896
| -8% | -$1.61M |
|
588
SiriusXM
SIRI
$8.02B
| $19.7M | 0.02% |
496,155
-37,106
| -7% | -$1.47M |
|
589
Deckers Outdoor
DECK
$16.9B
| $19.6M | 0.02% |
261,648
-15,354
| -6% | -$1.15M |
|
590
Vistra
VST
$70.9B
| $19.4M | 0.02% |
807,833
-160,765
| -17% | -$3.86M |
|
591
Huazhu Hotels Group
HTHT
$11.4B
| $19.4M | 0.02% |
395,195
-80,891
| -17% | -$3.96M |
|
592
Dayforce
DAY
$10.9B
| $19.3M | 0.02% |
264,208
+3,681
| +1% | +$270K |
|
593
Reinsurance Group of America
RGA
$12.7B
| $19.3M | 0.02% |
145,629
-11,756
| -7% | -$1.56M |
|
594
Entegris
ENTG
$12B
| $19.3M | 0.02% |
235,552
-94,688
| -29% | -$7.77M |
|
595
Molson Coors Class B
TAP
$9.7B
| $19.3M | 0.02% |
372,904
-57,172
| -13% | -$2.95M |
|
596
Jazz Pharmaceuticals
JAZZ
$7.7B
| $19.3M | 0.02% |
131,627
-15,721
| -11% | -$2.3M |
|
597
CubeSmart
CUBE
$9.29B
| $19.3M | 0.02% |
416,715
-78,289
| -16% | -$3.62M |
|
598
Equitable Holdings
EQH
$15.8B
| $19.3M | 0.02% |
758,516
-117,218
| -13% | -$2.98M |
|
599
Regal Rexnord
RRX
$9.39B
| $19.2M | 0.02% |
136,711
-22,149
| -14% | -$3.12M |
|
|
DOC
600
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $19.2M | 0.02% |
1,288,062
+61,105
| +5% | +$912K |
|