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 |
Costco
COST
|
$292M |
| 2 |
NVIDIA
NVDA
|
$284M |
| 3 |
Applied Materials
AMAT
|
$233M |
| 4 |
NXP Semiconductors
NXPI
|
$190M |
| 5 |
Microchip Technology
MCHP
|
$184M |
Top Sells
| 1 |
Tesla
TSLA
|
$1.17B |
| 2 |
Walmart
WMT
|
$198M |
| 3 |
KLA
KLAC
|
$190M |
| 4 |
Texas Instruments
TXN
|
$186M |
| 5 |
Starbucks
SBUX
|
$171M |
Sector Composition
| 1 | Technology | 33.41% |
| 2 | Financials | 12.58% |
| 3 | Healthcare | 12.38% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
676
Spire
SR
$4.46B
| $18M | 0.01% |
267,991
+8,256
| +3% | +$556K |
|
677
Madison Square Garden
MSGS
$4.71B
| $17.9M | 0.01% |
86,025
+5,186
| +6% | +$1.08M |
|
678
Albemarle
ALB
$9.6B
| $17.9M | 0.01% |
188,991
+11,268
| +6% | +$1.07M |
|
679
Mueller Industries
MLI
$10.8B
| $17.7M | 0.01% |
239,469
-2,902
| -1% | -$215K |
|
680
Wynn Resorts
WYNN
$12.6B
| $17.7M | 0.01% |
184,266
+559
| +0.3% | +$53.6K |
|
681
Federal Realty Investment Trust
FRT
$8.86B
| $17.7M | 0.01% |
153,587
+6,221
| +4% | +$715K |
|
682
Stifel
SF
$11.5B
| $17.6M | 0.01% |
187,748
-2,141
| -1% | -$201K |
|
683
Ovintiv
OVV
$10.6B
| $17.4M | 0.01% |
454,507
+21,591
| +5% | +$827K |
|
|
CNH
684
CNH Industrial
CNH
$14.3B
| $17.4M | 0.01% |
1,566,275
-62,396
| -4% | -$693K |
|
685
Hasbro
HAS
$11.2B
| $17.2M | 0.01% |
237,308
+15,306
| +7% | +$1.11M |
|
686
Exact Sciences
EXAS
$10.2B
| $17.1M | 0.01% |
251,464
-6,649
| -3% | -$453K |
|
687
Match Group
MTCH
$9.18B
| $17.1M | 0.01% |
452,254
-13,171
| -3% | -$498K |
|
688
BorgWarner
BWA
$9.53B
| $17M | 0.01% |
468,106
+34,545
| +8% | +$1.25M |
|
689
Graphic Packaging
GPK
$6.38B
| $17M | 0.01% |
573,168
-6,432
| -1% | -$190K |
|
690
Floor & Decor
FND
$9.42B
| $16.8M | 0.01% |
135,444
-3,537
| -3% | -$439K |
|
691
Western Alliance Bancorporation
WAL
$10B
| $16.8M | 0.01% |
193,934
-8,047
| -4% | -$696K |
|
692
Annaly Capital Management
NLY
$14.2B
| $16.7M | 0.01% |
830,617
+19,340
| +2% | +$388K |
|
693
Donaldson
DCI
$9.44B
| $16.5M | 0.01% |
224,319
+6,284
| +3% | +$463K |
|
694
Kinsale Capital Group
KNSL
$10.6B
| $16.4M | 0.01% |
35,195
-8,739
| -20% | -$4.07M |
|
695
Skechers
SKX
$9.5B
| $16.4M | 0.01% |
244,734
+435
| +0.2% | +$29.1K |
|
696
MGM Resorts International
MGM
$9.98B
| $16.3M | 0.01% |
417,774
-16,981
| -4% | -$664K |
|
697
TKO Group
TKO
$15.9B
| $16.3M | 0.01% |
131,951
+10,299
| +8% | +$1.27M |
|
698
UFP Industries
UFPI
$6.08B
| $16.3M | 0.01% |
124,296
+1,756
| +1% | +$230K |
|
699
New York Times
NYT
$9.6B
| $16.3M | 0.01% |
292,074
+8,404
| +3% | +$468K |
|
700
XPO
XPO
$15.4B
| $16.3M | 0.01% |
151,183
-53,363
| -26% | -$5.74M |
|