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 | |
|---|---|---|---|---|---|---|
726
Popular Inc
BPOP
$8.59B
| $15.1M | 0.01% |
151,065
-2,864
| -2% | -$287K |
|
727
EastGroup Properties
EGP
$8.97B
| $15.1M | 0.01% |
80,580
+152
| +0.2% | +$28.4K |
|
728
MGIC Investment
MTG
$6.56B
| $15M | 0.01% |
586,999
-25,141
| -4% | -$644K |
|
729
Permian Resources
PR
$10.1B
| $15M | 0.01% |
1,102,621
+32,630
| +3% | +$444K |
|
730
Houlihan Lokey
HLI
$13.9B
| $14.9M | 0.01% |
94,307
-2,176
| -2% | -$344K |
|
731
Voya Financial
VOYA
$7.48B
| $14.9M | 0.01% |
187,923
+3,991
| +2% | +$316K |
|
732
Simpson Manufacturing
SSD
$8.03B
| $14.8M | 0.01% |
77,573
-10,490
| -12% | -$2.01M |
|
733
Webster Financial
WBS
$10.5B
| $14.8M | 0.01% |
317,819
+11,030
| +4% | +$514K |
|
734
Blue Owl Capital
OWL
$11.8B
| $14.7M | 0.01% |
+760,076
| New | +$14.7M |
|
735
WESCO International
WCC
$10.6B
| $14.7M | 0.01% |
87,591
+1,719
| +2% | +$289K |
|
736
RBC Bearings
RBC
$12.3B
| $14.7M | 0.01% |
49,145
-3,170
| -6% | -$949K |
|
737
Crane Co
CR
$10.7B
| $14.6M | 0.01% |
92,554
-3,474
| -4% | -$550K |
|
738
Ciena
CIEN
$16.5B
| $14.6M | 0.01% |
237,488
-5,411
| -2% | -$333K |
|
739
Americold
COLD
$3.97B
| $14.6M | 0.01% |
517,333
-569
| -0.1% | -$16.1K |
|
740
Essent Group
ESNT
$6.29B
| $14.6M | 0.01% |
226,320
-2,418
| -1% | -$155K |
|
741
Ralph Lauren
RL
$19.4B
| $14.5M | 0.01% |
75,046
+1,391
| +2% | +$270K |
|
742
The Mosaic Company
MOS
$10.4B
| $14.5M | 0.01% |
539,779
-2,828
| -0.5% | -$75.7K |
|
743
Fabrinet
FN
$12.9B
| $14.4M | 0.01% |
60,969
-754
| -1% | -$178K |
|
744
Antero Resources
AR
$10B
| $14.4M | 0.01% |
501,672
+1,067
| +0.2% | +$30.6K |
|
745
First Horizon
FHN
$11.6B
| $14.4M | 0.01% |
925,146
-33,442
| -3% | -$519K |
|
746
Meritage Homes
MTH
$5.8B
| $14.3M | 0.01% |
139,748
+4,638
| +3% | +$476K |
|
747
Vornado Realty Trust
VNO
$7.66B
| $14.3M | 0.01% |
362,330
+20,279
| +6% | +$799K |
|
748
BellRing Brands
BRBR
$5.38B
| $14.3M | 0.01% |
234,840
-15,246
| -6% | -$926K |
|
749
Abercrombie & Fitch
ANF
$4.4B
| $14.2M | 0.01% |
101,352
+5,467
| +6% | +$765K |
|
750
DT Midstream
DTM
$10.7B
| $14.1M | 0.01% |
179,493
-5,932
| -3% | -$467K |
|