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 |
NVIDIA
NVDA
|
+$584M |
| 2 |
Tesla
TSLA
|
+$574M |
| 3 |
Microsoft
MSFT
|
+$567M |
| 4 |
Apple
AAPL
|
+$290M |
| 5 |
Chevron
CVX
|
+$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
+$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
+$114M |
| 3 |
Verizon
VZ
|
+$113M |
| 4 |
Oracle
ORCL
|
+$106M |
| 5 |
Mastercard
MA
|
+$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Eastman Chemical
EMN
$7.47B
| $18M | 0.02% |
234,071
+997
| +0.4% | +$76.5K |
|
627
Rexford Industrial Realty
REXR
$10.1B
| $17.9M | 0.02% |
362,842
+18,167
| +5% | +$897K |
|
628
Regal Rexnord
RRX
$9.39B
| $17.8M | 0.02% |
124,879
-2,381
| -2% | -$340K |
|
629
Teleflex
TFX
$5.76B
| $17.8M | 0.02% |
90,788
+1,815
| +2% | +$356K |
|
630
KE Holdings
BEKE
$23.5B
| $17.8M | 0.02% |
1,148,108
+13,102
| +1% | +$203K |
|
631
Casella Waste Systems
CWST
$5.81B
| $17.7M | 0.02% |
231,800
+136,812
| +144% | +$10.4M |
|
|
MZTI
632
The Marzetti Company Common Stock
MZTI
$4.97B
| $17.6M | 0.02% |
106,872
+4,189
| +4% | +$691K |
|
633
Allegion
ALLE
$14.6B
| $17.6M | 0.02% |
168,432
+7,644
| +5% | +$797K |
|
634
Liberty Global Class A
LBTYA
$3.93B
| $17.5M | 0.02% |
1,020,122
+21,174
| +2% | +$362K |
|
635
Primerica
PRI
$8.74B
| $17.4M | 0.02% |
89,586
-1,426
| -2% | -$277K |
|
636
Performance Food Group
PFGC
$16.3B
| $17.4M | 0.02% |
295,227
-4,220
| -1% | -$248K |
|
637
Caesars Entertainment
CZR
$5.33B
| $17.3M | 0.01% |
373,236
+74,036
| +25% | +$3.43M |
|
638
Autoliv
ALV
$9.63B
| $17.1M | 0.01% |
177,699
+9,218
| +5% | +$889K |
|
639
Madison Square Garden
MSGS
$4.93B
| $17.1M | 0.01% |
96,936
+6,320
| +7% | +$1.11M |
|
640
Black Hills Corp
BKH
$4.28B
| $17.1M | 0.01% |
337,417
+7,014
| +2% | +$355K |
|
641
Floor & Decor
FND
$9.16B
| $17M | 0.01% |
188,389
+35,280
| +23% | +$3.19M |
|
642
Credicorp
BAP
$21B
| $16.9M | 0.01% |
132,442
-1,107
| -0.8% | -$142K |
|
643
NRG Energy
NRG
$31.2B
| $16.8M | 0.01% |
435,985
-12,100
| -3% | -$466K |
|
644
US Foods
USFD
$17.5B
| $16.8M | 0.01% |
422,684
+42,452
| +11% | +$1.69M |
|
645
Penumbra
PEN
$10.6B
| $16.8M | 0.01% |
69,331
+1,665
| +2% | +$403K |
|
646
Vail Resorts
MTN
$5.37B
| $16.7M | 0.01% |
75,298
-3,430
| -4% | -$761K |
|
647
Churchill Downs
CHDN
$6.77B
| $16.7M | 0.01% |
143,845
-2,885
| -2% | -$335K |
|
|
EQC
648
DELISTED
Equity Commonwealth
EQC
| $16.5M | 0.01% |
900,313
+16,520
| +2% | +$303K |
|
649
XPO
XPO
$15.3B
| $16.5M | 0.01% |
220,944
+23,560
| +12% | +$1.76M |
|
650
Toll Brothers
TOL
$13.8B
| $16.5M | 0.01% |
222,886
+23,251
| +12% | +$1.72M |
|