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 |
Alphabet (Google) Class A
GOOGL
|
+$200M |
| 2 |
Apple
AAPL
|
+$164M |
| 3 |
Accenture
ACN
|
+$133M |
| 4 |
KLA
KLAC
|
+$115M |
| 5 |
Autodesk
ADSK
|
+$114M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$1.72B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
+$505M |
| 3 |
Costco
COST
|
+$422M |
| 4 |
Home Depot
HD
|
+$348M |
| 5 |
Bank of America
BAC
|
+$259M |
Sector Composition
| 1 | Technology | 33.69% |
| 2 | Healthcare | 12.79% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 9.4% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
701
Bio-Techne
TECH
$7.93B
| $15.1M | 0.01% |
210,775
-63,997
| -23% | -$4.59M |
|
702
Allison Transmission
ALSN
$7.41B
| $15M | 0.01% |
197,881
+3,315
| +2% | +$252K |
|
703
APi Group
APG
$14.6B
| $15M | 0.01% |
596,621
-8,823
| -1% | -$221K |
|
704
Fortune Brands Innovations
FBIN
$7.05B
| $15M | 0.01% |
230,269
-3,067
| -1% | -$199K |
|
705
Federal Realty Investment Trust
FRT
$8.67B
| $14.9M | 0.01% |
147,366
+4,266
| +3% | +$431K |
|
706
Lattice Semiconductor
LSCC
$9.06B
| $14.8M | 0.01% |
255,942
+12,547
| +5% | +$728K |
|
707
Simpson Manufacturing
SSD
$7.97B
| $14.8M | 0.01% |
88,063
-4,820
| -5% | -$812K |
|
708
Tencent Music
TME
$39.2B
| $14.6M | 0.01% |
1,041,773
-31,171
| -3% | -$438K |
|
709
Morningstar
MORN
$10.6B
| $14.6M | 0.01% |
49,368
+2,952
| +6% | +$873K |
|
710
New York Times
NYT
$9.37B
| $14.5M | 0.01% |
283,670
-7,122
| -2% | -$365K |
|
711
Churchill Downs
CHDN
$6.77B
| $14.5M | 0.01% |
103,749
-793
| -0.8% | -$111K |
|
712
Caesars Entertainment
CZR
$5.33B
| $14.4M | 0.01% |
363,230
+12,211
| +3% | +$485K |
|
713
Rivian
RIVN
$16.9B
| $14.4M | 0.01% |
1,073,814
+128,772
| +14% | +$1.73M |
|
714
Oshkosh
OSK
$8.75B
| $14.3M | 0.01% |
132,549
+9,512
| +8% | +$1.03M |
|
715
KE Holdings
BEKE
$23.5B
| $14.3M | 0.01% |
1,012,696
-74,056
| -7% | -$1.05M |
|
716
BellRing Brands
BRBR
$4.63B
| $14.3M | 0.01% |
250,086
-4,499
| -2% | -$257K |
|
717
Carlyle Group
CG
$23.7B
| $14.3M | 0.01% |
355,395
-9,305
| -3% | -$374K |
|
718
Norwegian Cruise Line
NCLH
$11.5B
| $14.2M | 0.01% |
756,997
+25,165
| +3% | +$473K |
|
719
Match Group
MTCH
$9.12B
| $14.1M | 0.01% |
465,425
-10,364
| -2% | -$315K |
|
720
RBC Bearings
RBC
$11.9B
| $14.1M | 0.01% |
52,315
+471
| +0.9% | +$127K |
|
721
Range Resources
RRC
$8.3B
| $14.1M | 0.01% |
420,705
-6,089
| -1% | -$204K |
|
|
SGI
722
Somnigroup International Inc.
SGI
$17.9B
| $14.1M | 0.01% |
297,290
-2,509
| -0.8% | -$119K |
|
|
X
723
DELISTED
US Steel
X
| $14M | 0.01% |
371,344
-12,706
| -3% | -$480K |
|
724
Wendy's
WEN
$1.87B
| $14M | 0.01% |
825,295
-372,302
| -31% | -$6.31M |
|
725
BorgWarner
BWA
$9.34B
| $14M | 0.01% |
433,561
-9,088
| -2% | -$293K |
|