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 |
Costco
COST
|
$292M |
| 2 |
NVIDIA
NVDA
|
$284M |
| 3 |
Applied Materials
AMAT
|
$233M |
| 4 |
NXP Semiconductors
NXPI
|
$190M |
| 5 |
Microchip Technology
MCHP
|
$184M |
Top Sells
| 1 |
Tesla
TSLA
|
$1.17B |
| 2 |
Walmart
WMT
|
$198M |
| 3 |
KLA
KLAC
|
$190M |
| 4 |
Texas Instruments
TXN
|
$186M |
| 5 |
Starbucks
SBUX
|
$171M |
Sector Composition
| 1 | Technology | 33.41% |
| 2 | Financials | 12.58% |
| 3 | Healthcare | 12.38% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Okta
OKTA
$16.1B
| $20.9M | 0.01% |
280,587
+9,978
| +4% | +$742K |
|
627
Toast
TOST
$24B
| $20.8M | 0.01% |
736,071
+12,996
| +2% | +$368K |
|
628
Flowers Foods
FLO
$3.13B
| $20.8M | 0.01% |
902,582
+40,128
| +5% | +$926K |
|
|
EXE
629
Expand Energy Corporation Common Stock
EXE
$22.7B
| $20.4M | 0.01% |
248,084
+28,632
| +13% | +$2.35M |
|
630
Teleflex
TFX
$5.78B
| $20.4M | 0.01% |
82,451
-3,623
| -4% | -$896K |
|
631
On Holding
ONON
$14.9B
| $20.3M | 0.01% |
404,501
+85,836
| +27% | +$4.3M |
|
632
Service Corp International
SCI
$10.9B
| $20.2M | 0.01% |
256,444
+872
| +0.3% | +$68.8K |
|
633
Toro Company
TTC
$7.99B
| $20.2M | 0.01% |
233,110
+14,443
| +7% | +$1.25M |
|
634
Lincoln Electric
LECO
$13.5B
| $20.2M | 0.01% |
105,277
-443
| -0.4% | -$85.1K |
|
635
Twilio
TWLO
$16.7B
| $20.2M | 0.01% |
309,827
+17,646
| +6% | +$1.15M |
|
636
Silgan Holdings
SLGN
$4.83B
| $20M | 0.01% |
380,807
-4,986
| -1% | -$262K |
|
637
A.O. Smith
AOS
$10.3B
| $20M | 0.01% |
222,143
-447
| -0.2% | -$40.2K |
|
638
Western Union
WU
$2.86B
| $19.9M | 0.01% |
1,665,804
-146,420
| -8% | -$1.75M |
|
639
Coherent
COHR
$15.2B
| $19.9M | 0.01% |
223,401
+49,573
| +29% | +$4.41M |
|
640
Acuity Brands
AYI
$10.4B
| $19.8M | 0.01% |
72,019
+2,248
| +3% | +$619K |
|
641
Bio-Techne
TECH
$8.46B
| $19.8M | 0.01% |
247,120
+36,345
| +17% | +$2.91M |
|
642
Advanced Drainage Systems
WMS
$11.5B
| $19.7M | 0.01% |
125,530
-3,862
| -3% | -$607K |
|
643
Universal Display
OLED
$6.91B
| $19.6M | 0.01% |
93,538
+5,484
| +6% | +$1.15M |
|
644
Blackbaud
BLKB
$3.23B
| $19.5M | 0.01% |
230,625
-15,295
| -6% | -$1.3M |
|
645
LKQ Corp
LKQ
$8.33B
| $19.5M | 0.01% |
488,647
+2,220
| +0.5% | +$88.6K |
|
646
Sabra Healthcare REIT
SBRA
$4.56B
| $19.5M | 0.01% |
1,045,534
+13,711
| +1% | +$255K |
|
647
monday.com
MNDY
$9.57B
| $19.3M | 0.01% |
69,364
+4,694
| +7% | +$1.3M |
|
648
Regal Rexnord
RRX
$9.66B
| $19.3M | 0.01% |
116,132
-2,117
| -2% | -$351K |
|
649
Ally Financial
ALLY
$12.7B
| $19.3M | 0.01% |
541,219
+35,576
| +7% | +$1.27M |
|
650
Evercore
EVR
$12.3B
| $19.2M | 0.01% |
75,742
-505
| -0.7% | -$128K |
|