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 | |
|---|---|---|---|---|---|---|
801
Mine Safety
MSA
$6.67B
| $11.3M | 0.01% |
85,005
-3,251
| -4% | -$434K |
|
802
Lantheus
LNTH
$3.65B
| $11.3M | 0.01% |
137,409
-10,922
| -7% | -$902K |
|
803
Brixmor Property Group
BRX
$8.5B
| $11.3M | 0.01% |
526,855
-137,163
| -21% | -$2.95M |
|
804
AGNC Investment
AGNC
$10.8B
| $11.3M | 0.01% |
1,122,561
-136,089
| -11% | -$1.37M |
|
805
SouthState Bank Corporation
SSB
$10.3B
| $11.3M | 0.01% |
158,235
-17,368
| -10% | -$1.24M |
|
|
SRC
806
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $11.3M | 0.01% |
282,794
-27,149
| -9% | -$1.08M |
|
|
X
807
DELISTED
US Steel
X
| $11.3M | 0.01% |
431,207
-88,582
| -17% | -$2.31M |
|
808
Morningstar
MORN
$10.9B
| $11.2M | 0.01% |
55,298
+740
| +1% | +$150K |
|
809
Nutanix
NTNX
$20.1B
| $11.2M | 0.01% |
431,877
-70,290
| -14% | -$1.83M |
|
810
Invesco
IVZ
$9.81B
| $11.2M | 0.01% |
682,318
-119,930
| -15% | -$1.97M |
|
811
Organon & Co
OGN
$2.72B
| $11.2M | 0.01% |
475,142
-85,356
| -15% | -$2.01M |
|
812
Vipshop
VIPS
$8.58B
| $11.1M | 0.01% |
732,645
-141,715
| -16% | -$2.15M |
|
813
Fox Factory Holding Corp
FOXF
$1.24B
| $11.1M | 0.01% |
91,594
-4,218
| -4% | -$512K |
|
814
MasTec
MTZ
$13.9B
| $11.1M | 0.01% |
117,305
-19,476
| -14% | -$1.84M |
|
|
UNVR
815
DELISTED
Univar Solutions Inc.
UNVR
| $11.1M | 0.01% |
315,797
-55,733
| -15% | -$1.95M |
|
816
Wendy's
WEN
$1.92B
| $11.1M | 0.01% |
507,839
+276,489
| +120% | +$6.02M |
|
817
Capri Holdings
CPRI
$2.44B
| $11.1M | 0.01% |
235,161
-52,812
| -18% | -$2.48M |
|
818
Ashland
ASH
$2.49B
| $11M | 0.01% |
107,519
-15,093
| -12% | -$1.55M |
|
|
AQUA
819
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $11M | 0.01% |
221,613
-46,837
| -17% | -$2.33M |
|
820
Norwegian Cruise Line
NCLH
$11.1B
| $11M | 0.01% |
815,348
-107,917
| -12% | -$1.45M |
|
|
SWN
821
DELISTED
Southwestern Energy Company
SWN
| $10.9M | 0.01% |
2,186,183
-326,548
| -13% | -$1.63M |
|
822
Encompass Health
EHC
$12.7B
| $10.9M | 0.01% |
201,573
-39,954
| -17% | -$2.16M |
|
823
Wingstop
WING
$8.51B
| $10.9M | 0.01% |
59,243
-8,219
| -12% | -$1.51M |
|
824
National Fuel Gas
NFG
$7.71B
| $10.8M | 0.01% |
187,508
-23,365
| -11% | -$1.35M |
|
825
Euronet Worldwide
EEFT
$3.59B
| $10.8M | 0.01% |
96,499
-14,089
| -13% | -$1.58M |
|