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 | |
|---|---|---|---|---|---|---|
701
Webster Financial
WBS
$10.3B
| $15.6M | 0.01% |
307,076
-3,104
| -1% | -$158K |
|
702
XP
XP
$9.96B
| $15.6M | 0.01% |
606,088
-10,615
| -2% | -$272K |
|
703
Robert Half
RHI
$3.61B
| $15.5M | 0.01% |
195,577
-7,225
| -4% | -$573K |
|
704
MKS Inc. Common Stock
MKSI
$7.61B
| $15.5M | 0.01% |
116,517
+2,754
| +2% | +$366K |
|
705
Crocs
CROX
$4.41B
| $15.5M | 0.01% |
107,579
-4,636
| -4% | -$667K |
|
706
Skechers
SKX
$9.51B
| $15.4M | 0.01% |
251,336
-8,933
| -3% | -$547K |
|
707
BorgWarner
BWA
$9.49B
| $15.4M | 0.01% |
442,649
-26,831
| -6% | -$932K |
|
708
Caesars Entertainment
CZR
$5.37B
| $15.4M | 0.01% |
351,019
-9,665
| -3% | -$423K |
|
709
Oshkosh
OSK
$8.92B
| $15.3M | 0.01% |
123,037
+793
| +0.6% | +$98.9K |
|
710
Norwegian Cruise Line
NCLH
$11.9B
| $15.3M | 0.01% |
731,832
-6,813
| -0.9% | -$143K |
|
711
Mine Safety
MSA
$6.76B
| $15.3M | 0.01% |
79,065
-1,455
| -2% | -$282K |
|
712
Stifel
SF
$11.7B
| $15.2M | 0.01% |
194,926
-7,465
| -4% | -$584K |
|
713
Jefferies Financial Group
JEF
$13.8B
| $15.1M | 0.01% |
343,321
-14,789
| -4% | -$652K |
|
|
SWN
714
DELISTED
Southwestern Energy Company
SWN
| $15.1M | 0.01% |
1,993,469
-41,162
| -2% | -$312K |
|
715
Franklin Resources
BEN
$12.8B
| $15M | 0.01% |
535,333
+10,014
| +2% | +$281K |
|
716
BellRing Brands
BRBR
$4.65B
| $15M | 0.01% |
254,585
-3,287
| -1% | -$194K |
|
717
First Horizon
FHN
$11.7B
| $15M | 0.01% |
972,735
-15,459
| -2% | -$238K |
|
718
Hanover Insurance
THG
$6.41B
| $15M | 0.01% |
110,003
+3,725
| +4% | +$507K |
|
719
Affirm
AFRM
$26.9B
| $14.9M | 0.01% |
401,215
+70,729
| +21% | +$2.64M |
|
720
UiPath
PATH
$6.21B
| $14.9M | 0.01% |
658,704
+16,879
| +3% | +$383K |
|
721
Core & Main
CNM
$9.21B
| $14.9M | 0.01% |
+260,665
| New | +$14.9M |
|
722
KE Holdings
BEKE
$23.5B
| $14.9M | 0.01% |
1,086,752
-47,497
| -4% | -$652K |
|
723
Ingredion
INGR
$8.08B
| $14.9M | 0.01% |
127,619
-4,747
| -4% | -$555K |
|
724
Aramark
ARMK
$10.1B
| $14.8M | 0.01% |
455,214
+22,261
| +5% | +$724K |
|
725
Range Resources
RRC
$8.25B
| $14.7M | 0.01% |
426,794
-16,819
| -4% | -$579K |
|