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 |
Vanguard S&P 500 ETF
VOO
|
$9.2B |
| 2 |
Apple
AAPL
|
$199M |
| 3 |
NextEra Energy, Inc.
NEE
|
$180M |
| 4 |
Texas Instruments
TXN
|
$102M |
| 5 |
Costco
COST
|
$96.9M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$192M |
| 3 |
Amazon
AMZN
|
$188M |
| 4 |
Applied Materials
AMAT
|
$163M |
| 5 |
Meta Platforms (Facebook)
META
|
$142M |
Sector Composition
| 1 | Technology | 32.39% |
| 2 | Financials | 12.4% |
| 3 | Healthcare | 10.11% |
| 4 | Consumer Discretionary | 8.73% |
| 5 | Communication Services | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
Varonis Systems
VRNS
$6.28B
| $21.8M | 0.01% |
491,570
-9,913
| -2% | -$440K |
|
602
TechnipFMC
FTI
$16B
| $21.6M | 0.01% |
745,807
-55,021
| -7% | -$1.59M |
|
603
Allete
ALE
$3.69B
| $21.5M | 0.01% |
332,096
| – | – |
|
604
Workiva
WK
$4.48B
| $21.4M | 0.01% |
195,859
+21,361
| +12% | +$2.34M |
|
605
New Jersey Resources
NJR
$4.72B
| $21.3M | 0.01% |
455,739
-7,294
| -2% | -$340K |
|
606
On Holding
ONON
$14.9B
| $21.2M | 0.01% |
386,565
-17,936
| -4% | -$982K |
|
607
DraftKings
DKNG
$23.1B
| $20.8M | 0.01% |
559,026
-48,893
| -8% | -$1.82M |
|
608
Box
BOX
$4.75B
| $20.7M | 0.01% |
655,253
-6,921
| -1% | -$219K |
|
609
EPAM Systems
EPAM
$9.44B
| $20.5M | 0.01% |
87,694
-7,351
| -8% | -$1.72M |
|
610
Grab
GRAB
$21B
| $20.4M | 0.01% |
4,325,271
-468,772
| -10% | -$2.21M |
|
611
Insight Enterprises
NSIT
$4.02B
| $20.4M | 0.01% |
133,972
-6,155
| -4% | -$936K |
|
612
Black Hills Corp
BKH
$4.35B
| $20.4M | 0.01% |
347,841
-2,148
| -0.6% | -$126K |
|
613
Nordson
NDSN
$12.6B
| $20.3M | 0.01% |
96,779
-2,975
| -3% | -$622K |
|
614
Okta
OKTA
$16.1B
| $20.2M | 0.01% |
256,859
-23,728
| -8% | -$1.87M |
|
615
Portland General Electric
POR
$4.69B
| $20.2M | 0.01% |
463,792
+6,602
| +1% | +$288K |
|
616
Tetra Tech
TTEK
$9.48B
| $20.2M | 0.01% |
507,774
-34,802
| -6% | -$1.39M |
|
617
ITT
ITT
$13.3B
| $20.2M | 0.01% |
141,421
-9,109
| -6% | -$1.3M |
|
618
Stifel
SF
$11.5B
| $20.2M | 0.01% |
190,228
+2,480
| +1% | +$263K |
|
619
Stanley Black & Decker
SWK
$12.1B
| $20.1M | 0.01% |
249,999
-16,399
| -6% | -$1.32M |
|
620
Silgan Holdings
SLGN
$4.83B
| $19.9M | 0.01% |
382,670
+1,863
| +0.5% | +$97K |
|
621
Bunge Global
BG
$16.9B
| $19.9M | 0.01% |
255,412
-14,827
| -5% | -$1.15M |
|
622
TKO Group
TKO
$15.9B
| $19.8M | 0.01% |
139,329
+7,378
| +6% | +$1.05M |
|
623
Allison Transmission
ALSN
$7.53B
| $19.8M | 0.01% |
183,210
-4,753
| -3% | -$514K |
|
624
ONE Gas
OGS
$4.56B
| $19.7M | 0.01% |
284,508
-3,956
| -1% | -$274K |
|
|
TXNM
625
TXNM Energy, Inc.
TXNM
$5.99B
| $19.6M | 0.01% |
399,519
-29,461
| -7% | -$1.45M |
|