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 |
Vanguard S&P 500 ETF
VOO
|
$9.2B |
| 2 |
Apple
AAPL
|
$199M |
| 3 |
NextEra Energy, Inc.
NEE
|
$180M |
| 4 |
Texas Instruments
TXN
|
$102M |
| 5 |
Costco
COST
|
$96.9M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$192M |
| 3 |
Amazon
AMZN
|
$188M |
| 4 |
Applied Materials
AMAT
|
$163M |
| 5 |
Meta Platforms (Facebook)
META
|
$142M |
Sector Composition
| 1 | Technology | 32.39% |
| 2 | Financials | 12.4% |
| 3 | Healthcare | 10.11% |
| 4 | Consumer Discretionary | 8.73% |
| 5 | Communication Services | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
726
Solventum
SOLV
$12.6B
| $14.2M | 0.01% |
214,838
-14,229
| -6% | -$940K |
|
727
Merit Medical Systems
MMSI
$5.51B
| $14.2M | 0.01% |
146,393
+15,026
| +11% | +$1.45M |
|
728
MarketAxess Holdings
MKTX
$7.01B
| $14.2M | 0.01% |
62,605
+8,164
| +15% | +$1.85M |
|
729
Corebridge Financial
CRBG
$18.1B
| $14.1M | 0.01% |
472,692
-2,614
| -0.5% | -$78.2K |
|
730
A.O. Smith
AOS
$10.3B
| $14M | 0.01% |
205,817
-16,326
| -7% | -$1.11M |
|
731
Planet Fitness
PLNT
$8.77B
| $14M | 0.01% |
141,236
-13,584
| -9% | -$1.34M |
|
732
Bath & Body Works
BBWI
$6.06B
| $13.9M | 0.01% |
359,715
-38,891
| -10% | -$1.51M |
|
733
Teleflex
TFX
$5.78B
| $13.9M | 0.01% |
78,206
-4,245
| -5% | -$756K |
|
734
BILL Holdings
BILL
$5.24B
| $13.9M | 0.01% |
164,202
-4,388
| -3% | -$372K |
|
735
BorgWarner
BWA
$9.53B
| $13.9M | 0.01% |
435,988
-32,118
| -7% | -$1.02M |
|
736
Fluor
FLR
$6.72B
| $13.8M | 0.01% |
280,755
-10,679
| -4% | -$527K |
|
737
Cullen/Frost Bankers
CFR
$8.38B
| $13.8M | 0.01% |
102,825
-5,178
| -5% | -$695K |
|
738
Match Group
MTCH
$9.18B
| $13.8M | 0.01% |
420,779
-31,475
| -7% | -$1.03M |
|
|
ITCI
739
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $13.8M | 0.01% |
164,712
-4,681
| -3% | -$391K |
|
740
Liberty Global Class C
LBTYK
$4.12B
| $13.7M | 0.01% |
1,044,505
+9,009
| +0.9% | +$118K |
|
|
BERY
741
DELISTED
Berry Global Group, Inc.
BERY
| $13.7M | 0.01% |
212,211
-36,373
| -15% | -$2.35M |
|
742
Wyndham Hotels & Resorts
WH
$6.59B
| $13.6M | 0.01% |
135,284
-7,347
| -5% | -$741K |
|
743
Alcoa
AA
$8.24B
| $13.6M | 0.01% |
360,732
+37,303
| +12% | +$1.41M |
|
744
Comerica
CMA
$8.85B
| $13.6M | 0.01% |
220,146
-11,074
| -5% | -$685K |
|
745
RBC Bearings
RBC
$12.2B
| $13.6M | 0.01% |
45,479
-3,666
| -7% | -$1.1M |
|
746
APA Corp
APA
$8.14B
| $13.6M | 0.01% |
587,645
-36,466
| -6% | -$842K |
|
747
Abercrombie & Fitch
ANF
$4.49B
| $13.5M | 0.01% |
90,462
-10,890
| -11% | -$1.63M |
|
748
Fox Class B
FOX
$24.9B
| $13.5M | 0.01% |
295,396
+29,682
| +11% | +$1.36M |
|
749
Celanese
CE
$5.34B
| $13.5M | 0.01% |
194,698
-16,402
| -8% | -$1.14M |
|
750
MGM Resorts International
MGM
$9.98B
| $13.5M | 0.01% |
388,792
-28,982
| -7% | -$1M |
|