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
|
+$894M |
| 2 |
UnitedHealth
UNH
|
+$430M |
| 3 |
Intel
INTC
|
+$409M |
| 4 |
Amazon
AMZN
|
+$352M |
| 5 |
Broadcom
AVGO
|
+$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$415M |
| 2 |
Microsoft
MSFT
|
+$275M |
| 3 |
VMW
VMware, Inc
VMW
|
+$221M |
| 4 |
JPMorgan Chase
JPM
|
+$146M |
| 5 |
Verizon
VZ
|
+$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
A.O. Smith
AOS
$10.1B
| $19.1M | 0.01% |
231,160
-3,594
| -2% | -$296K |
|
|
X
627
DELISTED
US Steel
X
| $19M | 0.01% |
391,381
-35,105
| -8% | -$1.71M |
|
628
Credicorp
BAP
$21B
| $19M | 0.01% |
126,834
-5,608
| -4% | -$841K |
|
629
Simpson Manufacturing
SSD
$7.95B
| $19M | 0.01% |
95,996
-4,475
| -4% | -$886K |
|
630
ITT
ITT
$13.6B
| $18.9M | 0.01% |
158,296
-7,971
| -5% | -$951K |
|
631
CubeSmart
CUBE
$9.3B
| $18.8M | 0.01% |
406,196
-10,593
| -3% | -$491K |
|
632
Paycom
PAYC
$12.4B
| $18.8M | 0.01% |
90,784
-3,925
| -4% | -$811K |
|
633
XPO
XPO
$15.1B
| $18.7M | 0.01% |
213,243
-7,701
| -3% | -$675K |
|
634
Crown Holdings
CCK
$10.9B
| $18.7M | 0.01% |
202,629
-8,904
| -4% | -$820K |
|
635
TEGNA Inc
TGNA
$3.38B
| $18.6M | 0.01% |
1,217,865
-42,936
| -3% | -$657K |
|
636
Lamar Advertising Co
LAMR
$12.9B
| $18.5M | 0.01% |
173,891
-2,701
| -2% | -$287K |
|
637
KE Holdings
BEKE
$23.4B
| $18.4M | 0.01% |
1,134,249
-13,859
| -1% | -$225K |
|
638
Match Group
MTCH
$8.99B
| $18.3M | 0.01% |
500,477
-14,814
| -3% | -$541K |
|
639
Fortune Brands Innovations
FBIN
$7.06B
| $18.2M | 0.01% |
239,058
-10,146
| -4% | -$773K |
|
640
Twilio
TWLO
$16.4B
| $18.2M | 0.01% |
239,717
-8,996
| -4% | -$683K |
|
641
Black Hills Corp
BKH
$4.25B
| $18.2M | 0.01% |
336,675
-742
| -0.2% | -$40K |
|
642
Autoliv
ALV
$9.56B
| $18.2M | 0.01% |
164,812
-12,887
| -7% | -$1.42M |
|
643
Cleveland-Cliffs
CLF
$5.51B
| $18.1M | 0.01% |
888,035
-58,138
| -6% | -$1.19M |
|
644
Regal Rexnord
RRX
$9.52B
| $18.1M | 0.01% |
122,067
-2,812
| -2% | -$416K |
|
645
Unum
UNM
$12.4B
| $18.1M | 0.01% |
399,415
-16,645
| -4% | -$753K |
|
646
Clean Harbors
CLH
$12.6B
| $18M | 0.01% |
103,046
-5,808
| -5% | -$1.01M |
|
647
Bath & Body Works
BBWI
$5.75B
| $18M | 0.01% |
416,643
-14,689
| -3% | -$634K |
|
|
MZTI
648
The Marzetti Company Common Stock
MZTI
$4.95B
| $18M | 0.01% |
108,041
+1,169
| +1% | +$195K |
|
649
Service Corp International
SCI
$10.9B
| $17.9M | 0.01% |
262,096
-257
| -0.1% | -$17.6K |
|
650
Liberty Global Class A
LBTYA
$3.92B
| $17.9M | 0.01% |
1,008,778
-11,344
| -1% | -$202K |
|