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 |
Texas Instruments
TXN
|
+$139M |
| 2 |
IBM
IBM
|
+$71.2M |
| 3 |
Tesla
TSLA
|
+$63.6M |
| 4 |
McKesson
MCK
|
+$58.3M |
| 5 |
GE HealthCare
GEHC
|
+$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.15B |
| 2 |
Microsoft
MSFT
|
+$401M |
| 3 |
Amazon
AMZN
|
+$354M |
| 4 |
NVIDIA
NVDA
|
+$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
676
Federal Realty Investment Trust
FRT
$8.68B
| $15.6M | 0.01% |
158,173
-27,626
| -15% | -$2.73M |
|
677
Paylocity
PCTY
$9.35B
| $15.6M | 0.01% |
78,294
-10,829
| -12% | -$2.15M |
|
|
WRK
678
DELISTED
WestRock Company
WRK
| $15.6M | 0.01% |
510,452
-70,054
| -12% | -$2.13M |
|
679
Crocs
CROX
$4.44B
| $15.5M | 0.01% |
122,982
-10,889
| -8% | -$1.38M |
|
680
Valmont Industries
VMI
$7.47B
| $15.5M | 0.01% |
48,660
-1,410
| -3% | -$450K |
|
681
Cable One
CABO
$898M
| $15.5M | 0.01% |
22,070
-1,179
| -5% | -$828K |
|
682
U-Haul Holding Co Series N
UHAL.B
$9.82B
| $15.4M | 0.01% |
297,681
-173,295
| -37% | -$8.99M |
|
683
Clean Harbors
CLH
$12.6B
| $15.4M | 0.01% |
108,032
-11,499
| -10% | -$1.64M |
|
684
Franklin Resources
BEN
$12.7B
| $15.3M | 0.01% |
567,994
-90,347
| -14% | -$2.43M |
|
|
SWAV
685
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $15.3M | 0.01% |
70,412
-12,081
| -15% | -$2.62M |
|
686
NNN REIT
NNN
$8.07B
| $15.2M | 0.01% |
344,366
-71,746
| -17% | -$3.17M |
|
687
Jones Lang LaSalle
JLL
$14.6B
| $15.2M | 0.01% |
104,362
-12,106
| -10% | -$1.76M |
|
688
nVent Electric
NVT
$15.4B
| $15.1M | 0.01% |
352,781
-48,357
| -12% | -$2.08M |
|
689
Ally Financial
ALLY
$12.7B
| $15.1M | 0.01% |
592,818
-124,227
| -17% | -$3.17M |
|
690
Littelfuse
LFUS
$6.57B
| $15.1M | 0.01% |
56,317
-1,992
| -3% | -$534K |
|
691
Repligen
RGEN
$6.85B
| $15.1M | 0.01% |
89,474
-14,976
| -14% | -$2.52M |
|
692
UGI
UGI
$7.36B
| $15M | 0.01% |
432,568
-72,285
| -14% | -$2.51M |
|
693
VF Corp
VFC
$5.88B
| $15M | 0.01% |
655,901
-122,496
| -16% | -$2.81M |
|
694
AerCap
AER
$21.5B
| $15M | 0.01% |
267,031
-18,885
| -7% | -$1.06M |
|
695
Ciena
CIEN
$18.3B
| $15M | 0.01% |
285,333
-39,659
| -12% | -$2.08M |
|
696
NRG Energy
NRG
$31.1B
| $14.9M | 0.01% |
434,692
-129,454
| -23% | -$4.44M |
|
697
Sensata Technologies
ST
$4.61B
| $14.9M | 0.01% |
297,936
-69,364
| -19% | -$3.47M |
|
698
Dick's Sporting Goods
DKS
$18.2B
| $14.9M | 0.01% |
104,842
-15,128
| -13% | -$2.15M |
|
699
Ingredion
INGR
$8.05B
| $14.8M | 0.01% |
145,950
-11,890
| -8% | -$1.21M |
|
700
Americold
COLD
$3.78B
| $14.7M | 0.01% |
516,962
-80,179
| -13% | -$2.28M |
|