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 |
Meta Platforms (Facebook)
META
|
+$234M |
| 2 |
NVIDIA
NVDA
|
+$197M |
| 3 |
Costco
COST
|
+$174M |
| 4 |
Home Depot
HD
|
+$157M |
| 5 |
Airbnb
ABNB
|
+$137M |
Top Sells
| 1 |
Amazon
AMZN
|
+$432M |
| 2 |
Microsoft
MSFT
|
+$271M |
| 3 |
Merck
MRK
|
+$261M |
| 4 |
Walt Disney
DIS
|
+$232M |
| 5 |
Texas Instruments
TXN
|
+$201M |
Sector Composition
| 1 | Technology | 31% |
| 2 | Healthcare | 13.61% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
676
Weatherford International
WFRD
$4.57B
| $17M | 0.01% |
147,694
| – | – |
|
|
SGI
677
Somnigroup International Inc.
SGI
$18.1B
| $17M | 0.01% |
299,799
-12,984
| -4% | -$738K |
|
678
Liberty Global Class A
LBTYA
$4.02B
| $16.8M | 0.01% |
992,587
-16,191
| -2% | -$274K |
|
679
Lear
LEA
$5.92B
| $16.6M | 0.01% |
114,772
-251
| -0.2% | -$36.4K |
|
680
Jones Lang LaSalle
JLL
$14.8B
| $16.6M | 0.01% |
85,159
-2,470
| -3% | -$482K |
|
681
Acuity Brands
AYI
$10.4B
| $16.6M | 0.01% |
61,672
+1,269
| +2% | +$341K |
|
682
Fox Class A
FOXA
$28.3B
| $16.6M | 0.01% |
529,783
-20,629
| -4% | -$645K |
|
683
Insulet
PODD
$24B
| $16.5M | 0.01% |
96,102
-3,151
| -3% | -$540K |
|
684
Light & Wonder
LNW
$7.39B
| $16.4M | 0.01% |
161,100
-1,927
| -1% | -$197K |
|
685
Onto Innovation
ONTO
$5.3B
| $16.4M | 0.01% |
90,710
+815
| +0.9% | +$148K |
|
|
SWAV
686
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $16.4M | 0.01% |
50,437
-2,384
| -5% | -$776K |
|
687
Southern Copper
SCCO
$85.4B
| $16.2M | 0.01% |
160,165
-17,779
| -10% | -$1.8M |
|
688
Donaldson
DCI
$9.43B
| $16.2M | 0.01% |
217,370
-5,011
| -2% | -$374K |
|
689
Grab
GRAB
$22.3B
| $16.2M | 0.01% |
5,153,853
-109,132
| -2% | -$343K |
|
690
Carvana
CVNA
$49.3B
| $16.1M | 0.01% |
+183,077
| New | +$16.1M |
|
691
Sarepta Therapeutics
SRPT
$1.83B
| $16M | 0.01% |
123,785
-2,601
| -2% | -$337K |
|
692
Spire
SR
$4.52B
| $16M | 0.01% |
260,440
-3,399
| -1% | -$209K |
|
|
BCPC
693
Balchem Corporation
BCPC
$5.14B
| $15.9M | 0.01% |
102,817
-658
| -0.6% | -$102K |
|
694
APi Group
APG
$14.9B
| $15.9M | 0.01% |
605,444
-11,850
| -2% | -$310K |
|
695
Vail Resorts
MTN
$5.46B
| $15.8M | 0.01% |
70,935
-2,839
| -4% | -$633K |
|
696
Allison Transmission
ALSN
$7.62B
| $15.8M | 0.01% |
194,566
+525
| +0.3% | +$42.6K |
|
697
Crown Holdings
CCK
$11.2B
| $15.7M | 0.01% |
198,074
-4,555
| -2% | -$361K |
|
|
X
698
DELISTED
US Steel
X
| $15.7M | 0.01% |
384,050
-7,331
| -2% | -$299K |
|
699
DaVita
DVA
$9.57B
| $15.6M | 0.01% |
113,286
-2,402
| -2% | -$332K |
|
700
Exponent
EXPO
$3.56B
| $15.6M | 0.01% |
189,030
-2,380
| -1% | -$197K |
|