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 | |
|---|---|---|---|---|---|---|
651
Advanced Drainage Systems
WMS
$10.8B
| $17.9M | 0.01% |
127,328
+4,859
| +4% | +$683K |
|
652
Pure Storage
PSTG
$26.2B
| $17.9M | 0.01% |
500,728
-14,437
| -3% | -$515K |
|
653
Robert Half
RHI
$3.56B
| $17.8M | 0.01% |
202,802
-9,043
| -4% | -$795K |
|
654
Grab
GRAB
$21.5B
| $17.7M | 0.01% |
5,262,985
-187,314
| -3% | -$631K |
|
655
Etsy
ETSY
$5.78B
| $17.7M | 0.01% |
218,091
-12,123
| -5% | -$983K |
|
656
Primerica
PRI
$8.72B
| $17.7M | 0.01% |
85,833
-3,753
| -4% | -$772K |
|
657
Guidewire Software
GWRE
$21.2B
| $17.7M | 0.01% |
161,960
+435
| +0.3% | +$47.4K |
|
658
Churchill Downs
CHDN
$6.79B
| $17.6M | 0.01% |
130,391
-13,454
| -9% | -$1.82M |
|
659
Globant
GLOB
$2.51B
| $17.5M | 0.01% |
73,375
-3,656
| -5% | -$870K |
|
660
Madison Square Garden
MSGS
$4.95B
| $17.5M | 0.01% |
95,974
-962
| -1% | -$175K |
|
661
Tetra Tech
TTEK
$9.33B
| $17.4M | 0.01% |
522,530
-19,230
| -4% | -$642K |
|
662
Ally Financial
ALLY
$12.7B
| $17.4M | 0.01% |
499,364
-35,363
| -7% | -$1.23M |
|
|
EXE
663
Expand Energy Corporation Common Stock
EXE
$22.9B
| $17.4M | 0.01% |
225,958
-13,275
| -6% | -$1.02M |
|
664
CarMax
KMX
$8.93B
| $17.4M | 0.01% |
226,141
-6,658
| -3% | -$511K |
|
665
Dick's Sporting Goods
DKS
$18.2B
| $17.2M | 0.01% |
117,381
-5,497
| -4% | -$808K |
|
666
Lattice Semiconductor
LSCC
$9.1B
| $17.2M | 0.01% |
249,501
-20,119
| -7% | -$1.39M |
|
667
Universal Health Services
UHS
$11.8B
| $17.2M | 0.01% |
112,855
-4,519
| -4% | -$689K |
|
668
TechnipFMC
FTI
$16.7B
| $17.1M | 0.01% |
850,976
-37,949
| -4% | -$764K |
|
669
Unity
U
$18.4B
| $17.1M | 0.01% |
417,284
-6,686
| -2% | -$273K |
|
|
EQC
670
DELISTED
Equity Commonwealth
EQC
| $17M | 0.01% |
884,357
-15,956
| -2% | -$306K |
|
671
Caesars Entertainment
CZR
$5.35B
| $16.9M | 0.01% |
360,684
-12,552
| -3% | -$588K |
|
672
Exponent
EXPO
$3.48B
| $16.9M | 0.01% |
191,410
| – | – |
|
673
BorgWarner
BWA
$9.34B
| $16.8M | 0.01% |
469,480
-33,293
| -7% | -$1.19M |
|
674
Wynn Resorts
WYNN
$12.7B
| $16.8M | 0.01% |
184,320
-25,240
| -12% | -$2.3M |
|
675
Interactive Brokers
IBKR
$27.9B
| $16.8M | 0.01% |
809,040
-23,096
| -3% | -$479K |
|