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 | |
|---|---|---|---|---|---|---|
701
CyberArk
CYBR
$23.6B
| $15.6M | 0.01% |
71,285
-3,366
| -5% | -$737K |
|
702
Woodward
WWD
$14.3B
| $15.6M | 0.01% |
114,698
-4,399
| -4% | -$599K |
|
703
WEX
WEX
$5.81B
| $15.6M | 0.01% |
80,006
-5,149
| -6% | -$1M |
|
704
Lithia Motors
LAD
$8.64B
| $15.5M | 0.01% |
47,207
+6,485
| +16% | +$2.14M |
|
705
AptarGroup
ATR
$8.98B
| $15.5M | 0.01% |
125,069
-4,383
| -3% | -$542K |
|
|
BCPC
706
Balchem Corporation
BCPC
$5.05B
| $15.4M | 0.01% |
103,475
| – | – |
|
707
Ziff Davis
ZD
$1.5B
| $15.3M | 0.01% |
227,991
+12,693
| +6% | +$853K |
|
708
Americold
COLD
$3.76B
| $15.2M | 0.01% |
502,735
-860
| -0.2% | -$26K |
|
709
UFP Industries
UFPI
$5.84B
| $15.2M | 0.01% |
121,149
-5,910
| -5% | -$742K |
|
710
EastGroup Properties
EGP
$8.72B
| $15.2M | 0.01% |
82,651
-1,445
| -2% | -$265K |
|
711
Carlyle Group
CG
$23.7B
| $15M | 0.01% |
368,462
-34,650
| -9% | -$1.41M |
|
712
Graphic Packaging
GPK
$6.14B
| $14.9M | 0.01% |
606,445
-12,031
| -2% | -$297K |
|
713
e.l.f. Beauty
ELF
$7.63B
| $14.9M | 0.01% |
103,555
+13,793
| +15% | +$1.99M |
|
714
Littelfuse
LFUS
$6.54B
| $14.9M | 0.01% |
55,748
-1,245
| -2% | -$333K |
|
715
Kinsale Capital Group
KNSL
$9.92B
| $14.9M | 0.01% |
44,523
-750
| -2% | -$251K |
|
716
Elastic
ESTC
$9.56B
| $14.8M | 0.01% |
131,731
+17,588
| +15% | +$1.98M |
|
717
Norwegian Cruise Line
NCLH
$11.5B
| $14.8M | 0.01% |
738,645
-37,265
| -5% | -$747K |
|
718
Tenet Healthcare
THC
$16.9B
| $14.8M | 0.01% |
195,728
-5,447
| -3% | -$412K |
|
719
WESCO International
WCC
$10.5B
| $14.7M | 0.01% |
84,581
-1,974
| -2% | -$343K |
|
720
LXP Industrial Trust
LXP
$2.67B
| $14.7M | 0.01% |
1,477,187
+8,860
| +0.6% | +$87.9K |
|
721
New York Times
NYT
$9.37B
| $14.7M | 0.01% |
299,085
-5,136
| -2% | -$252K |
|
722
Wingstop
WING
$7.84B
| $14.6M | 0.01% |
56,991
+361
| +0.6% | +$92.6K |
|
723
Southern Copper
SCCO
$82.9B
| $14.6M | 0.01% |
177,944
-9,450
| -5% | -$775K |
|
724
FMC
FMC
$4.61B
| $14.6M | 0.01% |
231,137
-2,621
| -1% | -$165K |
|
725
Rambus
RMBS
$8.3B
| $14.6M | 0.01% |
213,320
-2,533
| -1% | -$173K |
|