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 |
Alphabet (Google) Class A
GOOGL
|
+$200M |
| 2 |
Apple
AAPL
|
+$164M |
| 3 |
Accenture
ACN
|
+$133M |
| 4 |
KLA
KLAC
|
+$115M |
| 5 |
Autodesk
ADSK
|
+$114M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$1.72B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
+$505M |
| 3 |
Costco
COST
|
+$422M |
| 4 |
Home Depot
HD
|
+$348M |
| 5 |
Bank of America
BAC
|
+$259M |
Sector Composition
| 1 | Technology | 33.69% |
| 2 | Healthcare | 12.79% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 9.4% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
776
Hyatt Hotels
H
$13.8B
| $12.6M | 0.01% |
82,960
+1,775
| +2% | +$270K |
|
777
Coherent
COHR
$16.2B
| $12.6M | 0.01% |
173,828
-50,161
| -22% | -$3.63M |
|
778
Etsy
ETSY
$5.57B
| $12.6M | 0.01% |
213,066
+4,994
| +2% | +$295K |
|
|
AMED
779
DELISTED
Amedisys
AMED
| $12.5M | 0.01% |
136,072
+14,116
| +12% | +$1.3M |
|
780
Elanco Animal Health
ELAN
$9.32B
| $12.5M | 0.01% |
865,075
+757
| +0.1% | +$10.9K |
|
781
Bruker
BRKR
$4.75B
| $12.5M | 0.01% |
195,304
+6,994
| +4% | +$446K |
|
782
Globant
GLOB
$2.6B
| $12.5M | 0.01% |
69,854
-2,099
| -3% | -$374K |
|
783
XP
XP
$9.77B
| $12.4M | 0.01% |
705,662
+99,574
| +16% | +$1.75M |
|
784
Cleveland-Cliffs
CLF
$5.54B
| $12.4M | 0.01% |
805,288
-53,842
| -6% | -$829K |
|
785
On Holding
ONON
$14.2B
| $12.4M | 0.01% |
318,665
+29,058
| +10% | +$1.13M |
|
786
Paycom
PAYC
$12.5B
| $12.4M | 0.01% |
86,430
-258
| -0.3% | -$36.9K |
|
787
LXP Industrial Trust
LXP
$2.68B
| $12.3M | 0.01% |
1,352,069
-244,389
| -15% | -$2.23M |
|
788
Corebridge Financial
CRBG
$18B
| $12.3M | 0.01% |
422,423
+102,518
| +32% | +$2.99M |
|
789
Duolingo
DUOL
$13B
| $12.3M | 0.01% |
58,755
+16,847
| +40% | +$3.52M |
|
790
Commerce Bancshares
CBSH
$8.06B
| $12.2M | 0.01% |
230,052
-4,802
| -2% | -$255K |
|
791
Solventum
SOLV
$12.6B
| $12.2M | 0.01% |
+230,680
| New | +$12.2M |
|
792
Comerica
CMA
$8.95B
| $12.1M | 0.01% |
237,809
+4,263
| +2% | +$218K |
|
793
Affirm
AFRM
$28.4B
| $11.9M | 0.01% |
394,086
-7,129
| -2% | -$215K |
|
794
Flowserve
FLS
$7.39B
| $11.8M | 0.01% |
246,226
+6,632
| +3% | +$319K |
|
795
Jackson Financial
JXN
$6.73B
| $11.8M | 0.01% |
159,397
+15,813
| +11% | +$1.17M |
|
796
Repligen
RGEN
$6.76B
| $11.8M | 0.01% |
93,718
+17,656
| +23% | +$2.23M |
|
797
PVH
PVH
$3.93B
| $11.8M | 0.01% |
111,479
+6,983
| +7% | +$739K |
|
|
WBA
798
DELISTED
Walgreens Boots Alliance
WBA
| $11.8M | 0.01% |
975,094
-283,345
| -23% | -$3.43M |
|
799
Novanta
NOVT
$4.15B
| $11.8M | 0.01% |
72,279
+164
| +0.2% | +$26.8K |
|
800
Ryman Hospitality Properties
RHP
$6.29B
| $11.8M | 0.01% |
118,058
+7,218
| +7% | +$721K |
|