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 |
NVIDIA
NVDA
|
+$584M |
| 2 |
Tesla
TSLA
|
+$574M |
| 3 |
Microsoft
MSFT
|
+$567M |
| 4 |
Apple
AAPL
|
+$290M |
| 5 |
Chevron
CVX
|
+$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
+$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
+$114M |
| 3 |
Verizon
VZ
|
+$113M |
| 4 |
Oracle
ORCL
|
+$106M |
| 5 |
Mastercard
MA
|
+$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
776
Morningstar
MORN
$10.9B
| $11.9M | 0.01% |
50,916
-3,186
| -6% | -$746K |
|
777
Brixmor Property Group
BRX
$8.5B
| $11.8M | 0.01% |
569,436
+37,658
| +7% | +$783K |
|
778
STAG Industrial
STAG
$6.84B
| $11.6M | 0.01% |
335,174
+2,985
| +0.9% | +$103K |
|
779
XP
XP
$9.76B
| $11.5M | 0.01% |
498,288
+12,697
| +3% | +$293K |
|
780
Wyndham Hotels & Resorts
WH
$6.71B
| $11.5M | 0.01% |
164,671
-1,929
| -1% | -$134K |
|
781
Medpace
MEDP
$13.8B
| $11.3M | 0.01% |
46,667
-1,033
| -2% | -$250K |
|
782
Polaris
PII
$3.35B
| $11.3M | 0.01% |
108,449
+4,564
| +4% | +$475K |
|
783
DaVita
DVA
$9.62B
| $11.3M | 0.01% |
119,274
+1,370
| +1% | +$130K |
|
784
Onto Innovation
ONTO
$5.08B
| $11.3M | 0.01% |
88,407
-77
| -0.1% | -$9.82K |
|
785
Brunswick
BC
$4.37B
| $11.3M | 0.01% |
142,451
-1,129
| -0.8% | -$89.2K |
|
786
Axalta
AXTA
$7.01B
| $11.2M | 0.01% |
416,580
+13,313
| +3% | +$358K |
|
787
Starwood Property Trust
STWD
$7.53B
| $11.1M | 0.01% |
575,568
-5,034
| -0.9% | -$97.4K |
|
788
On Holding
ONON
$14.8B
| $11.1M | 0.01% |
397,752
+38,103
| +11% | +$1.06M |
|
789
Evercore
EVR
$12.5B
| $11.1M | 0.01% |
80,238
+2,857
| +4% | +$394K |
|
790
APi Group
APG
$14.6B
| $11M | 0.01% |
637,995
+51,172
| +9% | +$885K |
|
791
HealthEquity
HQY
$8.02B
| $11M | 0.01% |
150,348
| – | – |
|
792
Valmont Industries
VMI
$7.49B
| $11M | 0.01% |
45,721
-1,615
| -3% | -$388K |
|
793
First Horizon
FHN
$11.3B
| $11M | 0.01% |
994,511
+137,525
| +16% | +$1.52M |
|
794
Commerce Bancshares
CBSH
$8.11B
| $11M | 0.01% |
251,748
-6,506
| -3% | -$283K |
|
795
Capri Holdings
CPRI
$2.44B
| $11M | 0.01% |
208,174
-7,211
| -3% | -$379K |
|
796
Ryder
R
$7.67B
| $10.9M | 0.01% |
102,269
-4,288
| -4% | -$459K |
|
797
Iridium Communications
IRDM
$2.27B
| $10.9M | 0.01% |
240,243
-13,435
| -5% | -$611K |
|
798
First American
FAF
$6.94B
| $10.9M | 0.01% |
192,731
+4,980
| +3% | +$281K |
|
|
SWAV
799
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $10.9M | 0.01% |
54,559
-13,331
| -20% | -$2.65M |
|
800
Crocs
CROX
$4.76B
| $10.8M | 0.01% |
122,970
+3,675
| +3% | +$324K |
|