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 |
Apple
AAPL
|
+$739M |
| 2 |
Microsoft
MSFT
|
+$541M |
| 3 |
Amazon
AMZN
|
+$248M |
| 4 |
Tesla
TSLA
|
+$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
+$171M |
| 2 |
Walmart
WMT
|
+$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$168M |
| 4 |
Accenture
ACN
|
+$125M |
| 5 |
Adobe
ADBE
|
+$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
676
Voya Financial
VOYA
$7.28B
| $15.6M | 0.01% |
257,020
+42,969
| +20% | +$2.6M |
|
677
Liberty Global Class A
LBTYA
$3.94B
| $15.5M | 0.01% |
997,023
+4,253
| +0.4% | +$66.3K |
|
678
Western Alliance Bancorporation
WAL
$9.75B
| $15.5M | 0.01% |
236,230
+32,497
| +16% | +$2.14M |
|
679
Axon Enterprise
AXON
$57.5B
| $15.4M | 0.01% |
133,322
+1,911
| +1% | +$221K |
|
680
Lattice Semiconductor
LSCC
$9.05B
| $15.4M | 0.01% |
313,402
+39,288
| +14% | +$1.93M |
|
681
Range Resources
RRC
$8.17B
| $15.4M | 0.01% |
609,680
+158,677
| +35% | +$4.01M |
|
682
Lucid Motors
LCID
$5.96B
| $15.3M | 0.01% |
109,341
+12,735
| +13% | +$1.78M |
|
683
Mattel
MAT
$5.91B
| $15.2M | 0.01% |
801,142
+135,893
| +20% | +$2.57M |
|
684
Sealed Air
SEE
$4.91B
| $15.2M | 0.01% |
340,492
+48,201
| +16% | +$2.15M |
|
685
Carnival Corp
CCL
$42.8B
| $15.1M | 0.01% |
2,154,227
+488,024
| +29% | +$3.43M |
|
686
Wynn Resorts
WYNN
$12.6B
| $15.1M | 0.01% |
239,293
+41,440
| +21% | +$2.61M |
|
687
Penumbra
PEN
$11.2B
| $15M | 0.01% |
79,161
+7,588
| +11% | +$1.44M |
|
688
Franklin Resources
BEN
$12.8B
| $15M | 0.01% |
696,340
+142,350
| +26% | +$3.06M |
|
689
Nexstar Media Group
NXST
$6.14B
| $14.9M | 0.01% |
89,522
+5,766
| +7% | +$962K |
|
690
Jefferies Financial Group
JEF
$13.3B
| $14.9M | 0.01% |
528,844
+71,544
| +16% | +$2.02M |
|
691
Performance Food Group
PFGC
$16.3B
| $14.9M | 0.01% |
346,856
+48,608
| +16% | +$2.09M |
|
692
Annaly Capital Management
NLY
$14.3B
| $14.9M | 0.01% |
865,385
+111,376
| +15% | +$1.91M |
|
693
Graphic Packaging
GPK
$6.08B
| $14.8M | 0.01% |
751,814
+209,746
| +39% | +$4.14M |
|
694
Churchill Downs
CHDN
$6.85B
| $14.8M | 0.01% |
160,986
+6,954
| +5% | +$640K |
|
695
Caesars Entertainment
CZR
$5.28B
| $14.8M | 0.01% |
459,425
+110,331
| +32% | +$3.56M |
|
696
NOV
NOV
$4.85B
| $14.7M | 0.01% |
910,550
+131,342
| +17% | +$2.13M |
|
697
Floor & Decor
FND
$9.35B
| $14.7M | 0.01% |
209,541
+33,120
| +19% | +$2.33M |
|
698
First Industrial Realty Trust
FR
$6.79B
| $14.7M | 0.01% |
327,817
+58,707
| +22% | +$2.63M |
|
699
Americold
COLD
$3.84B
| $14.7M | 0.01% |
595,597
+107,234
| +22% | +$2.64M |
|
|
LSXMK
700
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $14.5M | 0.01% |
496,814
+66,902
| +16% | +$1.95M |
|