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 | |
|---|---|---|---|---|---|---|
801
Ciena
CIEN
$18.2B
| $11.7M | 0.01% |
242,899
-8,034
| -3% | -$387K |
|
802
Affiliated Managers Group
AMG
$6.59B
| $11.7M | 0.01% |
74,861
+1,978
| +3% | +$309K |
|
803
STAG Industrial
STAG
$6.71B
| $11.7M | 0.01% |
323,684
+12,014
| +4% | +$433K |
|
804
Matador Resources
MTDR
$6.11B
| $11.6M | 0.01% |
195,149
-4,692
| -2% | -$280K |
|
805
Mohawk Industries
MHK
$8.43B
| $11.6M | 0.01% |
102,378
+1,680
| +2% | +$191K |
|
806
SouthState Bank Corporation
SSB
$10.3B
| $11.6M | 0.01% |
152,002
-3,594
| -2% | -$275K |
|
807
Vaxcyte
PCVX
$4.14B
| $11.5M | 0.01% |
152,778
-4,208
| -3% | -$318K |
|
808
Ollie's Bargain Outlet
OLLI
$7.95B
| $11.5M | 0.01% |
117,322
+1,508
| +1% | +$148K |
|
809
Vontier
VNT
$6.32B
| $11.5M | 0.01% |
300,002
-16,773
| -5% | -$641K |
|
810
AGCO
AGCO
$8.06B
| $11.5M | 0.01% |
117,031
+2,409
| +2% | +$236K |
|
811
AGNC Investment
AGNC
$10.8B
| $11.4M | 0.01% |
1,196,692
+202,456
| +20% | +$1.93M |
|
|
AZEK
812
DELISTED
The AZEK Co
AZEK
| $11.4M | 0.01% |
270,904
+15,771
| +6% | +$664K |
|
|
ITCI
813
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $11.4M | 0.01% |
166,516
+33,813
| +25% | +$2.32M |
|
814
Element Solutions
ESI
$6.24B
| $11.4M | 0.01% |
419,436
+13,524
| +3% | +$367K |
|
815
Franklin Resources
BEN
$12.6B
| $11.4M | 0.01% |
508,408
-26,925
| -5% | -$602K |
|
816
MasTec
MTZ
$14.8B
| $11.3M | 0.01% |
106,030
+19,178
| +22% | +$2.05M |
|
817
Bio-Rad Laboratories Class A
BIO
$7.58B
| $11.3M | 0.01% |
41,496
+1,349
| +3% | +$368K |
|
818
Pinnacle Financial Partners
PNFP
$7.61B
| $11.3M | 0.01% |
141,506
+4,374
| +3% | +$350K |
|
819
Ryder
R
$7.62B
| $11.3M | 0.01% |
91,160
+2,163
| +2% | +$268K |
|
820
Frontier Communications
FYBR
$9.34B
| $11.3M | 0.01% |
431,189
+2,002
| +0.5% | +$52.4K |
|
821
Bright Horizons
BFAM
$6.37B
| $11.3M | 0.01% |
102,514
+1,749
| +2% | +$193K |
|
|
CHX
822
DELISTED
ChampionX
CHX
| $11.2M | 0.01% |
338,648
-18,074
| -5% | -$600K |
|
823
Fluor
FLR
$6.68B
| $11.2M | 0.01% |
258,228
+66,611
| +35% | +$2.9M |
|
824
Zions Bancorporation
ZION
$8.5B
| $11.2M | 0.01% |
259,028
+8,967
| +4% | +$389K |
|
825
Nexstar Media Group
NXST
$6.03B
| $11.1M | 0.01% |
66,976
+167
| +0.2% | +$27.7K |
|