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 | |
|---|---|---|---|---|---|---|
601
Entegris
ENTG
$12.4B
| $22.4M | 0.02% |
198,830
-57,854
| -23% | -$6.51M |
|
602
MACOM Technology Solutions
MTSI
$9.67B
| $22.4M | 0.02% |
200,906
+132,766
| +195% | +$14.8M |
|
603
Dolby
DLB
$6.96B
| $22.3M | 0.02% |
291,401
-4,735
| -2% | -$362K |
|
604
Vaxcyte
PCVX
$4.29B
| $22.3M | 0.02% |
195,086
+42,308
| +28% | +$4.83M |
|
605
Performance Food Group
PFGC
$16.5B
| $22.1M | 0.02% |
281,703
-13,065
| -4% | -$1.02M |
|
606
East-West Bancorp
EWBC
$14.8B
| $22M | 0.02% |
266,170
-2,640
| -1% | -$218K |
|
607
Portland General Electric
POR
$4.69B
| $21.9M | 0.02% |
457,190
+1,771
| +0.4% | +$84.8K |
|
608
New Jersey Resources
NJR
$4.72B
| $21.9M | 0.02% |
463,033
-3,474
| -0.7% | -$164K |
|
609
Grand Canyon Education
LOPE
$5.74B
| $21.8M | 0.02% |
154,019
-11,734
| -7% | -$1.66M |
|
610
Interpublic Group of Companies
IPG
$9.94B
| $21.7M | 0.02% |
686,972
+4,644
| +0.7% | +$147K |
|
611
Allegion
ALLE
$14.8B
| $21.7M | 0.02% |
148,719
-7,577
| -5% | -$1.1M |
|
612
Box
BOX
$4.75B
| $21.7M | 0.02% |
662,174
-32,669
| -5% | -$1.07M |
|
613
Lamar Advertising Co
LAMR
$13B
| $21.6M | 0.02% |
161,885
-11,939
| -7% | -$1.6M |
|
614
Jefferies Financial Group
JEF
$13.1B
| $21.6M | 0.02% |
350,617
-4,754
| -1% | -$293K |
|
615
Dick's Sporting Goods
DKS
$17.7B
| $21.5M | 0.02% |
103,049
+1,260
| +1% | +$263K |
|
616
Acadia Healthcare
ACHC
$2.19B
| $21.5M | 0.02% |
338,785
-15,938
| -4% | -$1.01M |
|
617
Crown Holdings
CCK
$11B
| $21.5M | 0.02% |
223,950
+15,895
| +8% | +$1.52M |
|
618
ONE Gas
OGS
$4.56B
| $21.5M | 0.02% |
288,464
-7,614
| -3% | -$567K |
|
619
Black Hills Corp
BKH
$4.35B
| $21.4M | 0.02% |
349,989
+405
| +0.1% | +$24.8K |
|
620
Allete
ALE
$3.69B
| $21.3M | 0.01% |
332,096
| – | – |
|
621
CubeSmart
CUBE
$9.52B
| $21.1M | 0.01% |
392,780
+3,770
| +1% | +$203K |
|
622
Fortune Brands Innovations
FBIN
$7.3B
| $21.1M | 0.01% |
235,998
+5,729
| +2% | +$513K |
|
623
TechnipFMC
FTI
$16B
| $21M | 0.01% |
800,828
-27,851
| -3% | -$731K |
|
624
Tapestry
TPR
$21.7B
| $21M | 0.01% |
446,508
-1,538
| -0.3% | -$72.3K |
|
625
nVent Electric
NVT
$14.9B
| $20.9M | 0.01% |
297,432
-14,142
| -5% | -$994K |
|