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 | |
|---|---|---|---|---|---|---|
651
Tetra Tech
TTEK
$9.37B
| $16.5M | 0.01% |
541,760
-8,680
| -2% | -$264K |
|
652
CarMax
KMX
$8.88B
| $16.5M | 0.01% |
232,799
+2,587
| +1% | +$183K |
|
653
Exponent
EXPO
$3.5B
| $16.4M | 0.01% |
191,410
+9,894
| +5% | +$847K |
|
654
Burlington
BURL
$17.6B
| $16.4M | 0.01% |
120,954
+3,952
| +3% | +$535K |
|
655
Hasbro
HAS
$10.9B
| $16.3M | 0.01% |
246,791
+3,022
| +1% | +$200K |
|
656
BILL Holdings
BILL
$5.38B
| $16.3M | 0.01% |
150,103
+1,916
| +1% | +$208K |
|
657
ITT
ITT
$13.6B
| $16.3M | 0.01% |
166,267
+2,168
| +1% | +$212K |
|
658
TopBuild
BLD
$11.8B
| $16.3M | 0.01% |
64,691
+2,854
| +5% | +$718K |
|
659
Five Below
FIVE
$8.05B
| $16.2M | 0.01% |
100,767
-2,098
| -2% | -$338K |
|
660
AptarGroup
ATR
$8.98B
| $16.2M | 0.01% |
129,452
+1,391
| +1% | +$174K |
|
661
Celsius Holdings
CELH
$14.5B
| $16.1M | 0.01% |
281,136
-36,360
| -11% | -$2.08M |
|
662
WEX
WEX
$5.81B
| $16M | 0.01% |
85,155
+872
| +1% | +$164K |
|
663
WillScot Mobile Mini Holdings
WSC
$4.17B
| $16M | 0.01% |
384,192
-5,369
| -1% | -$223K |
|
664
American Airlines Group
AAL
$8.46B
| $16M | 0.01% |
1,245,911
+73,965
| +6% | +$947K |
|
665
Lear
LEA
$5.76B
| $15.9M | 0.01% |
118,805
+1,792
| +2% | +$240K |
|
666
CubeSmart
CUBE
$9.29B
| $15.9M | 0.01% |
416,789
+11,019
| +3% | +$420K |
|
667
Aramark
ARMK
$10B
| $15.7M | 0.01% |
628,591
+1,216
| +0.2% | +$30.5K |
|
668
DocuSign
DOCU
$15.9B
| $15.7M | 0.01% |
374,621
+14,739
| +4% | +$619K |
|
669
FMC
FMC
$4.61B
| $15.7M | 0.01% |
233,758
+2,961
| +1% | +$198K |
|
|
FLG
670
Flagstar Financial, Inc.
FLG
$5.24B
| $15.6M | 0.01% |
457,151
+53,559
| +13% | +$1.82M |
|
671
Applovin
APP
$192B
| $15.5M | 0.01% |
388,696
-18,192
| -4% | -$727K |
|
672
A.O. Smith
AOS
$10.2B
| $15.5M | 0.01% |
234,754
+4,765
| +2% | +$315K |
|
673
Robert Half
RHI
$3.56B
| $15.5M | 0.01% |
211,845
+8,133
| +4% | +$596K |
|
674
Fortune Brands Innovations
FBIN
$7.05B
| $15.5M | 0.01% |
249,204
+16,703
| +7% | +$1.04M |
|
675
Premier
PINC
$2.21B
| $15.4M | 0.01% |
715,841
+107,757
| +18% | +$2.32M |
|