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 | |
|---|---|---|---|---|---|---|
751
Commercial Metals
CMC
$6.63B
| $14.1M | 0.01% |
256,766
+22,884
| +10% | +$1.26M |
|
752
Light & Wonder
LNW
$7.48B
| $14.1M | 0.01% |
154,896
-4,925
| -3% | -$447K |
|
753
MarketAxess Holdings
MKTX
$7.01B
| $13.9M | 0.01% |
54,441
+843
| +2% | +$216K |
|
754
HEICO
HEI
$44.8B
| $13.9M | 0.01% |
53,335
+9,880
| +23% | +$2.58M |
|
755
Samsara
IOT
$24B
| $13.9M | 0.01% |
+289,190
| New | +$13.9M |
|
756
Tencent Music
TME
$37.7B
| $13.9M | 0.01% |
1,154,348
+112,575
| +11% | +$1.36M |
|
757
Fluor
FLR
$6.72B
| $13.9M | 0.01% |
291,434
+33,206
| +13% | +$1.58M |
|
758
LXP Industrial Trust
LXP
$2.71B
| $13.9M | 0.01% |
1,381,944
+29,875
| +2% | +$300K |
|
759
Jackson Financial
JXN
$6.65B
| $13.9M | 0.01% |
152,215
-7,182
| -5% | -$655K |
|
760
Middleby
MIDD
$7.32B
| $13.9M | 0.01% |
99,760
-89,660
| -47% | -$12.5M |
|
761
Louisiana-Pacific
LPX
$6.9B
| $13.9M | 0.01% |
129,120
+12,051
| +10% | +$1.3M |
|
762
Corebridge Financial
CRBG
$18.1B
| $13.9M | 0.01% |
475,306
+52,883
| +13% | +$1.54M |
|
763
Landstar System
LSTR
$4.58B
| $13.9M | 0.01% |
73,371
+2,859
| +4% | +$540K |
|
764
Comerica
CMA
$8.85B
| $13.9M | 0.01% |
231,220
-6,589
| -3% | -$395K |
|
|
SWN
765
DELISTED
Southwestern Energy Company
SWN
| $13.9M | 0.01% |
1,948,035
+914
| +0% | +$6.5K |
|
766
Workiva
WK
$4.48B
| $13.8M | 0.01% |
174,498
+83,801
| +92% | +$6.63M |
|
767
Bright Horizons
BFAM
$6.64B
| $13.8M | 0.01% |
98,207
-4,307
| -4% | -$604K |
|
768
Kirby Corp
KEX
$4.97B
| $13.7M | 0.01% |
112,261
-1,944
| -2% | -$238K |
|
769
SouthState Bank Corporation
SSB
$10.4B
| $13.7M | 0.01% |
141,052
-10,950
| -7% | -$1.06M |
|
770
Chord Energy
CHRD
$5.92B
| $13.7M | 0.01% |
105,232
+5,361
| +5% | +$698K |
|
771
HF Sinclair
DINO
$9.56B
| $13.6M | 0.01% |
305,865
+5,903
| +2% | +$263K |
|
772
Wintrust Financial
WTFC
$9.34B
| $13.6M | 0.01% |
125,271
-3,169
| -2% | -$344K |
|
773
MasTec
MTZ
$14B
| $13.6M | 0.01% |
110,229
+4,199
| +4% | +$517K |
|
774
Lantheus
LNTH
$3.72B
| $13.5M | 0.01% |
123,223
+4,456
| +4% | +$489K |
|
775
Coca-Cola Consolidated
COKE
$10.5B
| $13.5M | 0.01% |
+102,670
| New | +$13.5M |
|