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 | |
|---|---|---|---|---|---|---|
701
Core & Main
CNM
$12.7B
| $16.2M | 0.01% |
365,764
+80,336
| +28% | +$3.57M |
|
702
Brixmor Property Group
BRX
$8.63B
| $16.2M | 0.01% |
580,801
-20,274
| -3% | -$565K |
|
703
WEX
WEX
$5.87B
| $16.2M | 0.01% |
77,105
+118
| +0.2% | +$24.7K |
|
704
CarMax
KMX
$9.11B
| $16.1M | 0.01% |
208,527
+2,451
| +1% | +$190K |
|
705
Crocs
CROX
$4.72B
| $16.1M | 0.01% |
110,843
-673
| -0.6% | -$97.5K |
|
706
Solventum
SOLV
$12.6B
| $16M | 0.01% |
229,067
-1,613
| -0.7% | -$112K |
|
707
Generac Holdings
GNRC
$10.6B
| $15.9M | 0.01% |
100,151
-198
| -0.2% | -$31.5K |
|
|
AMED
708
DELISTED
Amedisys
AMED
| $15.9M | 0.01% |
164,662
+28,590
| +21% | +$2.76M |
|
709
Carlyle Group
CG
$23.1B
| $15.8M | 0.01% |
366,420
+11,025
| +3% | +$475K |
|
710
Medpace
MEDP
$13.7B
| $15.7M | 0.01% |
47,165
+1,127
| +2% | +$376K |
|
711
Churchill Downs
CHDN
$7.18B
| $15.7M | 0.01% |
116,273
+12,524
| +12% | +$1.69M |
|
712
Applied Industrial Technologies
AIT
$10B
| $15.7M | 0.01% |
70,258
-1,152
| -2% | -$257K |
|
713
Roku
ROKU
$14B
| $15.7M | 0.01% |
209,621
-3,651
| -2% | -$273K |
|
714
Caesars Entertainment
CZR
$5.48B
| $15.6M | 0.01% |
374,779
+11,549
| +3% | +$482K |
|
715
Axalta
AXTA
$6.89B
| $15.6M | 0.01% |
430,719
+29,019
| +7% | +$1.05M |
|
|
SGI
716
Somnigroup International Inc.
SGI
$18.3B
| $15.6M | 0.01% |
285,061
-12,229
| -4% | -$668K |
|
|
BERY
717
DELISTED
Berry Global Group, Inc.
BERY
| $15.5M | 0.01% |
248,584
+2,238
| +0.9% | +$140K |
|
718
Mohawk Industries
MHK
$8.65B
| $15.5M | 0.01% |
96,270
-6,108
| -6% | -$981K |
|
719
Morningstar
MORN
$10.8B
| $15.3M | 0.01% |
48,065
-1,303
| -3% | -$416K |
|
720
WIX.com
WIX
$8.52B
| $15.3M | 0.01% |
91,400
-4,429
| -5% | -$740K |
|
721
Norwegian Cruise Line
NCLH
$11.6B
| $15.3M | 0.01% |
744,677
-12,320
| -2% | -$253K |
|
722
Saia
SAIA
$8.34B
| $15.3M | 0.01% |
34,926
-2,997
| -8% | -$1.31M |
|
723
APA Corp
APA
$8.14B
| $15.3M | 0.01% |
624,111
+47,073
| +8% | +$1.15M |
|
724
Frontier Communications
FYBR
$9.33B
| $15.2M | 0.01% |
428,383
-2,806
| -0.7% | -$99.7K |
|
725
FMC
FMC
$4.72B
| $15.2M | 0.01% |
230,103
+41,739
| +22% | +$2.75M |
|