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 |
Meta Platforms (Facebook)
META
|
+$234M |
| 2 |
NVIDIA
NVDA
|
+$197M |
| 3 |
Costco
COST
|
+$174M |
| 4 |
Home Depot
HD
|
+$157M |
| 5 |
Airbnb
ABNB
|
+$137M |
Top Sells
| 1 |
Amazon
AMZN
|
+$432M |
| 2 |
Microsoft
MSFT
|
+$271M |
| 3 |
Merck
MRK
|
+$261M |
| 4 |
Walt Disney
DIS
|
+$232M |
| 5 |
Texas Instruments
TXN
|
+$201M |
Sector Composition
| 1 | Technology | 31% |
| 2 | Healthcare | 13.61% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
TXNM
626
TXNM Energy, Inc.
TXNM
$5.99B
| $20.3M | 0.01% |
539,001
-693
| -0.1% | -$26.1K |
|
627
Tenet Healthcare
THC
$16.9B
| $20.1M | 0.01% |
190,796
-4,932
| -3% | -$518K |
|
628
Tapestry
TPR
$21.9B
| $20M | 0.01% |
420,763
-7,678
| -2% | -$365K |
|
629
Bath & Body Works
BBWI
$5.81B
| $20M | 0.01% |
399,289
-17,354
| -4% | -$868K |
|
630
e.l.f. Beauty
ELF
$7.63B
| $19.9M | 0.01% |
101,757
-1,798
| -2% | -$352K |
|
631
Regency Centers
REG
$13.1B
| $19.9M | 0.01% |
328,704
-6,736
| -2% | -$408K |
|
632
Universal Health Services
UHS
$11.8B
| $19.9M | 0.01% |
109,041
-3,814
| -3% | -$696K |
|
633
Eagle Materials
EXP
$7.49B
| $19.9M | 0.01% |
73,204
-4,064
| -5% | -$1.1M |
|
634
Teleflex
TFX
$5.76B
| $19.9M | 0.01% |
87,865
-1,472
| -2% | -$333K |
|
635
Allete
ALE
$3.7B
| $19.8M | 0.01% |
332,096
+229,328
| +223% | +$13.7M |
|
636
Fortune Brands Innovations
FBIN
$7.05B
| $19.8M | 0.01% |
233,336
-5,722
| -2% | -$484K |
|
637
Service Corp International
SCI
$11B
| $19.7M | 0.01% |
265,141
+3,045
| +1% | +$226K |
|
638
Cleveland-Cliffs
CLF
$5.62B
| $19.5M | 0.01% |
859,130
-28,905
| -3% | -$657K |
|
|
EXE
639
Expand Energy Corporation Common Stock
EXE
$23B
| $19.5M | 0.01% |
219,685
-6,273
| -3% | -$557K |
|
640
Boston Properties
BXP
$11.7B
| $19.5M | 0.01% |
298,578
-1,074
| -0.4% | -$70.1K |
|
641
CyberArk
CYBR
$23.6B
| $19.5M | 0.01% |
73,318
+2,033
| +3% | +$540K |
|
642
Ally Financial
ALLY
$12.7B
| $19.5M | 0.01% |
479,527
-19,837
| -4% | -$805K |
|
643
Black Hills Corp
BKH
$4.28B
| $19.4M | 0.01% |
355,888
+19,213
| +6% | +$1.05M |
|
644
Bio-Techne
TECH
$7.93B
| $19.3M | 0.01% |
274,772
-6,983
| -2% | -$492K |
|
645
Silgan Holdings
SLGN
$4.71B
| $19.3M | 0.01% |
396,780
+29,662
| +8% | +$1.44M |
|
646
Trex
TREX
$6.43B
| $19.2M | 0.01% |
192,473
+37,188
| +24% | +$3.71M |
|
647
ONE Gas
OGS
$4.5B
| $19.2M | 0.01% |
296,879
-2,465
| -0.8% | -$159K |
|
648
TEGNA Inc
TGNA
$3.37B
| $19.2M | 0.01% |
1,282,302
+64,437
| +5% | +$963K |
|
649
Simpson Manufacturing
SSD
$7.97B
| $19.1M | 0.01% |
92,883
-3,113
| -3% | -$639K |
|
650
Lattice Semiconductor
LSCC
$9.06B
| $19M | 0.01% |
243,395
-6,106
| -2% | -$478K |
|