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 | |
|---|---|---|---|---|---|---|
|
EXE
626
Expand Energy Corporation Common Stock
EXE
$23B
| $18M | 0.02% |
236,970
-42,761
| -15% | -$3.25M |
|
627
Ovintiv
OVV
$11B
| $17.9M | 0.02% |
495,976
-96,104
| -16% | -$3.47M |
|
|
EQC
628
DELISTED
Equity Commonwealth
EQC
| $17.8M | 0.02% |
859,129
+84,532
| +11% | +$1.75M |
|
629
Premier
PINC
$2.21B
| $17.8M | 0.02% |
548,577
+63,121
| +13% | +$2.04M |
|
630
Twilio
TWLO
$16B
| $17.8M | 0.02% |
266,496
-51,074
| -16% | -$3.4M |
|
631
Cognex
CGNX
$7.45B
| $17.7M | 0.02% |
357,928
-37,991
| -10% | -$1.88M |
|
632
Grand Canyon Education
LOPE
$5.69B
| $17.7M | 0.02% |
155,278
+55,543
| +56% | +$6.33M |
|
633
Robert Half
RHI
$3.56B
| $17.7M | 0.02% |
219,333
-40,644
| -16% | -$3.27M |
|
634
Pentair
PNR
$17.9B
| $17.7M | 0.02% |
319,730
-51,227
| -14% | -$2.83M |
|
635
Masimo
MASI
$7.92B
| $17.7M | 0.02% |
95,707
-14,807
| -13% | -$2.73M |
|
636
Pinnacle West Capital
PNW
$10.5B
| $17.7M | 0.02% |
222,825
-29,882
| -12% | -$2.37M |
|
637
Cleveland-Cliffs
CLF
$5.62B
| $17.6M | 0.02% |
958,824
-143,912
| -13% | -$2.64M |
|
638
Spire
SR
$4.5B
| $17.5M | 0.02% |
249,577
+113,085
| +83% | +$7.93M |
|
639
Liberty Global Class A
LBTYA
$3.93B
| $17.4M | 0.02% |
893,315
-41,324
| -4% | -$806K |
|
640
Donaldson
DCI
$9.34B
| $17.3M | 0.02% |
264,372
-22,693
| -8% | -$1.48M |
|
641
Unum
UNM
$12.6B
| $17.3M | 0.02% |
436,283
-61,811
| -12% | -$2.45M |
|
642
Boston Properties
BXP
$11.7B
| $17.3M | 0.02% |
318,886
-47,328
| -13% | -$2.56M |
|
643
Lear
LEA
$5.76B
| $17.1M | 0.02% |
122,604
-18,319
| -13% | -$2.56M |
|
644
AGCO
AGCO
$8.02B
| $17.1M | 0.02% |
126,231
-20,384
| -14% | -$2.76M |
|
645
Iridium Communications
IRDM
$1.91B
| $17M | 0.02% |
275,294
-29,875
| -10% | -$1.85M |
|
646
Madison Square Garden
MSGS
$4.93B
| $17M | 0.02% |
87,257
+39,344
| +82% | +$7.67M |
|
647
A.O. Smith
AOS
$10.2B
| $17M | 0.02% |
245,848
-31,229
| -11% | -$2.16M |
|
648
Graphic Packaging
GPK
$6.14B
| $17M | 0.02% |
666,779
-73,118
| -10% | -$1.86M |
|
649
Tetra Tech
TTEK
$9.37B
| $17M | 0.02% |
578,385
-39,540
| -6% | -$1.16M |
|
650
Dynatrace
DT
$14.4B
| $16.9M | 0.02% |
398,381
-48,406
| -11% | -$2.05M |
|