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 |
Texas Instruments
TXN
|
+$139M |
| 2 |
IBM
IBM
|
+$71.2M |
| 3 |
Tesla
TSLA
|
+$63.6M |
| 4 |
McKesson
MCK
|
+$58.3M |
| 5 |
GE HealthCare
GEHC
|
+$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.15B |
| 2 |
Microsoft
MSFT
|
+$401M |
| 3 |
Amazon
AMZN
|
+$354M |
| 4 |
NVIDIA
NVDA
|
+$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
751
MDU Resources
MDU
$3.28B
| $12.6M | 0.01% |
1,087,997
-173,540
| -14% | -$2.01M |
|
752
Gentex
GNTX
$6.3B
| $12.6M | 0.01% |
449,130
-91,546
| -17% | -$2.57M |
|
753
TechnipFMC
FTI
$16.1B
| $12.5M | 0.01% |
919,185
-117,093
| -11% | -$1.6M |
|
754
Cullen/Frost Bankers
CFR
$8.34B
| $12.5M | 0.01% |
119,006
-21,563
| -15% | -$2.27M |
|
755
Zillow
Z
$21.8B
| $12.5M | 0.01% |
281,546
-42,834
| -13% | -$1.9M |
|
756
Brunswick
BC
$4.27B
| $12.5M | 0.01% |
152,304
-18,101
| -11% | -$1.48M |
|
757
Valvoline
VVV
$5.08B
| $12.5M | 0.01% |
356,926
-41,036
| -10% | -$1.43M |
|
758
Eagle Materials
EXP
$7.71B
| $12.5M | 0.01% |
84,917
-11,760
| -12% | -$1.73M |
|
759
Southern Copper
SCCO
$84B
| $12.5M | 0.01% |
171,615
-43,135
| -20% | -$3.13M |
|
760
Antero Resources
AR
$9.94B
| $12.5M | 0.01% |
539,445
-134,562
| -20% | -$3.11M |
|
761
SiteOne Landscape Supply
SITE
$6.78B
| $12.4M | 0.01% |
90,879
-10,956
| -11% | -$1.5M |
|
762
Stifel
SF
$11.5B
| $12.4M | 0.01% |
210,152
-38,839
| -16% | -$2.29M |
|
763
Skechers
SKX
$9.5B
| $12.4M | 0.01% |
260,032
-32,860
| -11% | -$1.56M |
|
764
SPS Commerce
SPSC
$4.19B
| $12.4M | 0.01% |
81,122
-5,415
| -6% | -$825K |
|
765
New York Times
NYT
$9.58B
| $12.3M | 0.01% |
317,540
-54,564
| -15% | -$2.12M |
|
766
Wyndham Hotels & Resorts
WH
$6.71B
| $12.3M | 0.01% |
181,760
-31,568
| -15% | -$2.14M |
|
767
Wolfspeed
WOLF
$285M
| $12.3M | 0.01% |
189,112
-34,368
| -15% | -$2.23M |
|
768
Planet Fitness
PLNT
$8.75B
| $12.2M | 0.01% |
157,488
-28,789
| -15% | -$2.24M |
|
769
Sonoco
SON
$4.55B
| $12.2M | 0.01% |
200,444
-18,187
| -8% | -$1.11M |
|
770
Hexcel
HXL
$5.12B
| $12.2M | 0.01% |
179,118
-25,907
| -13% | -$1.77M |
|
771
Roku
ROKU
$14.6B
| $12.2M | 0.01% |
185,730
-34,710
| -16% | -$2.28M |
|
772
Rivian
RIVN
$16.9B
| $12.2M | 0.01% |
788,836
-168,014
| -18% | -$2.6M |
|
773
BILL Holdings
BILL
$5.17B
| $12.1M | 0.01% |
149,058
-34,187
| -19% | -$2.77M |
|
774
Polaris
PII
$3.35B
| $12.1M | 0.01% |
109,014
-13,395
| -11% | -$1.48M |
|
775
Lithia Motors
LAD
$8.71B
| $12M | 0.01% |
52,329
-8,936
| -15% | -$2.05M |
|