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 | |
|---|---|---|---|---|---|---|
776
WillScot Mobile Mini Holdings
WSC
$4.26B
| $13.5M | 0.01% |
359,339
-4,020
| -1% | -$151K |
|
777
Affiliated Managers Group
AMG
$6.55B
| $13.5M | 0.01% |
75,973
+1,112
| +1% | +$198K |
|
778
Wendy's
WEN
$1.91B
| $13.4M | 0.01% |
766,054
-59,241
| -7% | -$1.04M |
|
779
XP
XP
$9.38B
| $13.4M | 0.01% |
745,868
+40,206
| +6% | +$721K |
|
780
ATI
ATI
$10.5B
| $13.4M | 0.01% |
199,588
+26,668
| +15% | +$1.78M |
|
781
Duolingo
DUOL
$12.9B
| $13.3M | 0.01% |
47,301
-11,454
| -19% | -$3.23M |
|
782
Globus Medical
GMED
$7.94B
| $13.3M | 0.01% |
186,279
-7,450
| -4% | -$533K |
|
783
CAVA Group
CAVA
$7.64B
| $13.3M | 0.01% |
+107,462
| New | +$13.3M |
|
784
Pinnacle Financial Partners
PNFP
$7.56B
| $13.3M | 0.01% |
135,387
-6,119
| -4% | -$599K |
|
785
Robert Half
RHI
$3.78B
| $13.1M | 0.01% |
194,923
-3,514
| -2% | -$237K |
|
786
First Industrial Realty Trust
FR
$6.87B
| $13.1M | 0.01% |
234,689
+7,091
| +3% | +$397K |
|
787
SPS Commerce
SPSC
$4.09B
| $13.1M | 0.01% |
67,641
-1,378
| -2% | -$268K |
|
788
Halozyme
HALO
$8.75B
| $13.1M | 0.01% |
228,859
-12,709
| -5% | -$727K |
|
789
Cirrus Logic
CRUS
$5.81B
| $13M | 0.01% |
105,057
-4,272
| -4% | -$531K |
|
|
X
790
DELISTED
US Steel
X
| $13M | 0.01% |
368,766
-2,578
| -0.7% | -$91.1K |
|
791
Merit Medical Systems
MMSI
$5.34B
| $13M | 0.01% |
131,367
+39,349
| +43% | +$3.89M |
|
|
DNB
792
DELISTED
Dun & Bradstreet
DNB
| $13M | 0.01% |
1,126,563
+194,415
| +21% | +$2.24M |
|
793
Range Resources
RRC
$8.18B
| $12.9M | 0.01% |
420,478
-227
| -0.1% | -$6.98K |
|
794
First American
FAF
$6.63B
| $12.9M | 0.01% |
195,918
+4,212
| +2% | +$278K |
|
795
Lear
LEA
$5.77B
| $12.9M | 0.01% |
117,841
-1,863
| -2% | -$203K |
|
796
Lithia Motors
LAD
$8.51B
| $12.8M | 0.01% |
40,438
-1,692
| -4% | -$537K |
|
797
KB Home
KBH
$4.34B
| $12.8M | 0.01% |
149,780
+5,766
| +4% | +$494K |
|
798
Paylocity
PCTY
$9.6B
| $12.8M | 0.01% |
77,749
+3,659
| +5% | +$604K |
|
799
SharkNinja
SN
$16.7B
| $12.8M | 0.01% |
+117,319
| New | +$12.8M |
|
800
Littelfuse
LFUS
$6.31B
| $12.8M | 0.01% |
48,071
-3,554
| -7% | -$943K |
|