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 | |
|---|---|---|---|---|---|---|
576
Credicorp
BAP
$20.7B
| $24.7M | 0.02% |
136,455
+6,223
| +5% | +$1.13M |
|
577
Comfort Systems
FIX
$24.9B
| $24.7M | 0.02% |
63,209
-2,325
| -4% | -$908K |
|
578
MongoDB
MDB
$26.4B
| $24.7M | 0.02% |
91,238
+2,028
| +2% | +$548K |
|
579
Commault Systems
CVLT
$7.96B
| $24.5M | 0.02% |
+159,493
| New | +$24.5M |
|
580
Dollar Tree
DLTR
$20.6B
| $24.5M | 0.02% |
348,470
+59,088
| +20% | +$4.16M |
|
581
Southwest Airlines
LUV
$16.5B
| $24.4M | 0.02% |
824,064
-28,467
| -3% | -$843K |
|
582
Universal Health Services
UHS
$12.1B
| $24.2M | 0.02% |
105,742
+3,941
| +4% | +$903K |
|
583
AES
AES
$9.21B
| $24.2M | 0.02% |
1,204,305
+41,219
| +4% | +$827K |
|
584
JB Hunt Transport Services
JBHT
$13.9B
| $24M | 0.02% |
139,172
-409
| -0.3% | -$70.5K |
|
585
FTAI Aviation
FTAI
$15.8B
| $23.9M | 0.02% |
179,533
+31,757
| +21% | +$4.22M |
|
586
DraftKings
DKNG
$23.1B
| $23.8M | 0.02% |
607,919
-159,247
| -21% | -$6.24M |
|
587
Eastman Chemical
EMN
$7.93B
| $23.8M | 0.02% |
212,655
-3,776
| -2% | -$423K |
|
588
Casella Waste Systems
CWST
$6.01B
| $23.7M | 0.02% |
238,104
+1,506
| +0.6% | +$150K |
|
589
Host Hotels & Resorts
HST
$12B
| $23.7M | 0.02% |
1,344,112
-34,083
| -2% | -$600K |
|
590
Regency Centers
REG
$13.4B
| $23.6M | 0.02% |
327,411
-5,569
| -2% | -$402K |
|
591
Qualys
QLYS
$4.87B
| $23.6M | 0.02% |
183,759
-4,805
| -3% | -$617K |
|
592
Southwest Gas
SWX
$5.66B
| $23.5M | 0.02% |
318,498
-14,118
| -4% | -$1.04M |
|
593
DocuSign
DOCU
$16.1B
| $23.4M | 0.02% |
377,221
+7,716
| +2% | +$479K |
|
594
Wingstop
WING
$8.65B
| $23.3M | 0.02% |
55,926
+70
| +0.1% | +$29.1K |
|
595
Avnet
AVT
$4.49B
| $23.2M | 0.02% |
427,026
-7,186
| -2% | -$390K |
|
596
American Homes 4 Rent
AMH
$12.9B
| $22.8M | 0.02% |
594,637
+20,429
| +4% | +$784K |
|
597
Hanover Insurance
THG
$6.35B
| $22.6M | 0.02% |
152,879
+5,986
| +4% | +$887K |
|
598
ITT
ITT
$13.3B
| $22.5M | 0.02% |
150,530
-7,019
| -4% | -$1.05M |
|
599
White Mountains Insurance
WTM
$4.63B
| $22.4M | 0.02% |
13,207
-1,095
| -8% | -$1.86M |
|
600
Liberty Global Class C
LBTYK
$4.12B
| $22.4M | 0.02% |
1,035,496
-99,744
| -9% | -$2.16M |
|