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 |
Apple
AAPL
|
+$739M |
| 2 |
Microsoft
MSFT
|
+$541M |
| 3 |
Amazon
AMZN
|
+$248M |
| 4 |
Tesla
TSLA
|
+$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
+$171M |
| 2 |
Walmart
WMT
|
+$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$168M |
| 4 |
Accenture
ACN
|
+$125M |
| 5 |
Adobe
ADBE
|
+$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
EQC
626
DELISTED
Equity Commonwealth
EQC
| $17.8M | 0.02% |
731,376
+252,312
| +53% | +$6.15M |
|
627
Cirrus Logic
CRUS
$6.03B
| $17.7M | 0.02% |
257,506
+39,070
| +18% | +$2.69M |
|
628
Pure Storage
PSTG
$26B
| $17.7M | 0.02% |
646,642
+114,062
| +21% | +$3.12M |
|
629
RLI Corp
RLI
$6.27B
| $17.6M | 0.02% |
344,138
+34,748
| +11% | +$1.78M |
|
630
Lincoln National
LNC
$7.9B
| $17.5M | 0.02% |
397,691
+48,110
| +14% | +$2.11M |
|
631
Allegion
ALLE
$14.9B
| $17.4M | 0.02% |
193,976
+26,137
| +16% | +$2.34M |
|
632
BorgWarner
BWA
$9.61B
| $17.4M | 0.02% |
628,584
+107,386
| +21% | +$2.97M |
|
633
Tapestry
TPR
$21.8B
| $17.3M | 0.02% |
608,626
+116,768
| +24% | +$3.32M |
|
634
Commerce Bancshares
CBSH
$8.11B
| $17.3M | 0.02% |
302,721
+27,046
| +10% | +$1.55M |
|
635
American Airlines Group
AAL
$8.54B
| $17.3M | 0.02% |
1,435,006
+261,908
| +22% | +$3.15M |
|
636
Bath & Body Works
BBWI
$5.87B
| $17.2M | 0.02% |
527,059
+80,008
| +18% | +$2.61M |
|
637
Jones Lang LaSalle
JLL
$14.8B
| $17.2M | 0.02% |
113,546
+2,642
| +2% | +$399K |
|
|
AVLR
638
DELISTED
Avalara, Inc.
AVLR
| $17.1M | 0.02% |
186,153
+35,053
| +23% | +$3.22M |
|
639
Five Below
FIVE
$8.34B
| $17.1M | 0.02% |
123,889
+18,502
| +18% | +$2.55M |
|
640
Whirlpool
WHR
$5.34B
| $17M | 0.02% |
126,388
+13,944
| +12% | +$1.88M |
|
641
OGE Energy
OGE
$8.75B
| $17M | 0.02% |
466,795
+94,474
| +25% | +$3.44M |
|
642
Cable One
CABO
$922M
| $16.9M | 0.02% |
19,835
+8,322
| +72% | +$7.1M |
|
643
Globant
GLOB
$2.71B
| $16.9M | 0.02% |
90,353
+11,180
| +14% | +$2.09M |
|
644
Okta
OKTA
$16.3B
| $16.9M | 0.02% |
297,173
+83,887
| +39% | +$4.77M |
|
645
Federal Realty Investment Trust
FRT
$8.78B
| $16.9M | 0.02% |
187,202
+26,657
| +17% | +$2.4M |
|
646
Aramark
ARMK
$10.1B
| $16.8M | 0.02% |
747,640
+174,877
| +31% | +$3.94M |
|
|
DOC
647
DELISTED
PHYSICIANS REALTY TRUST
DOC
| $16.8M | 0.02% |
1,119,068
+329,166
| +42% | +$4.95M |
|
648
H&R Block
HRB
$6.97B
| $16.8M | 0.02% |
395,410
+81,799
| +26% | +$3.48M |
|
649
Lamar Advertising Co
LAMR
$13B
| $16.7M | 0.02% |
202,579
+19,245
| +10% | +$1.59M |
|
650
Lear
LEA
$6B
| $16.7M | 0.02% |
139,202
+17,806
| +15% | +$2.13M |
|