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 |
Alphabet (Google) Class A
GOOGL
|
+$200M |
| 2 |
Apple
AAPL
|
+$164M |
| 3 |
Accenture
ACN
|
+$133M |
| 4 |
KLA
KLAC
|
+$115M |
| 5 |
Autodesk
ADSK
|
+$114M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$1.72B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
+$505M |
| 3 |
Costco
COST
|
+$422M |
| 4 |
Home Depot
HD
|
+$348M |
| 5 |
Bank of America
BAC
|
+$259M |
Sector Composition
| 1 | Technology | 33.69% |
| 2 | Healthcare | 12.79% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 9.4% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Flowers Foods
FLO
$3.02B
| $19.1M | 0.01% |
862,454
-282,859
| -25% | -$6.28M |
|
627
Black Hills Corp
BKH
$4.28B
| $19M | 0.01% |
349,584
-6,304
| -2% | -$343K |
|
628
Medpace
MEDP
$13.4B
| $19M | 0.01% |
46,038
-127
| -0.3% | -$52.3K |
|
629
ONE Gas
OGS
$4.5B
| $18.9M | 0.01% |
296,078
-801
| -0.3% | -$51.1K |
|
630
Universal Health Services
UHS
$11.8B
| $18.8M | 0.01% |
101,801
-7,240
| -7% | -$1.34M |
|
631
Jones Lang LaSalle
JLL
$14.6B
| $18.8M | 0.01% |
91,474
+6,315
| +7% | +$1.3M |
|
632
Blackbaud
BLKB
$3.33B
| $18.7M | 0.01% |
245,920
-36,907
| -13% | -$2.81M |
|
633
TransUnion
TRU
$17.5B
| $18.7M | 0.01% |
251,952
-11,611
| -4% | -$861K |
|
634
Toast
TOST
$23.3B
| $18.6M | 0.01% |
723,075
+222,878
| +45% | +$5.74M |
|
635
Universal Display
OLED
$6.52B
| $18.5M | 0.01% |
88,054
+5,650
| +7% | +$1.19M |
|
636
Boston Properties
BXP
$11.7B
| $18.5M | 0.01% |
300,608
+2,030
| +0.7% | +$125K |
|
637
Allegion
ALLE
$14.6B
| $18.5M | 0.01% |
156,296
-2,532
| -2% | -$299K |
|
638
Hanover Insurance
THG
$6.37B
| $18.4M | 0.01% |
146,893
+36,890
| +34% | +$4.63M |
|
639
Box
BOX
$4.74B
| $18.4M | 0.01% |
694,843
-186,465
| -21% | -$4.93M |
|
640
A.O. Smith
AOS
$10.2B
| $18.2M | 0.01% |
222,590
-7,844
| -3% | -$641K |
|
641
Service Corp International
SCI
$11B
| $18.2M | 0.01% |
255,572
-9,569
| -4% | -$681K |
|
642
Teleflex
TFX
$5.76B
| $18.1M | 0.01% |
86,074
-1,791
| -2% | -$377K |
|
643
Celsius Holdings
CELH
$14.5B
| $18.1M | 0.01% |
316,759
+54,862
| +21% | +$3.13M |
|
|
EXE
644
Expand Energy Corporation Common Stock
EXE
$23B
| $18M | 0.01% |
219,452
-233
| -0.1% | -$19.2K |
|
645
Weatherford International
WFRD
$4.58B
| $18M | 0.01% |
146,955
-739
| -0.5% | -$90.5K |
|
646
Saia
SAIA
$8.19B
| $18M | 0.01% |
37,923
-11,486
| -23% | -$5.45M |
|
647
EPAM Systems
EPAM
$8.53B
| $17.9M | 0.01% |
94,943
-1,604
| -2% | -$302K |
|
648
Enphase Energy
ENPH
$4.85B
| $17.8M | 0.01% |
178,820
-4,489
| -2% | -$448K |
|
|
TXNM
649
TXNM Energy, Inc.
TXNM
$5.99B
| $17.8M | 0.01% |
480,991
-58,010
| -11% | -$2.14M |
|
650
Jefferies Financial Group
JEF
$13.5B
| $17.7M | 0.01% |
355,371
+12,050
| +4% | +$600K |
|