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 |
Broadcom
AVGO
|
$1.96B |
| 2 |
Costco
COST
|
$292M |
| 3 |
NVIDIA
NVDA
|
$284M |
| 4 |
Applied Materials
AMAT
|
$233M |
| 5 |
NXP Semiconductors
NXPI
|
$190M |
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 | |
|---|---|---|---|---|---|---|
801
Ryman Hospitality Properties
RHP
$6.23B
| $12.7M | 0.01% |
118,668
+610
| +0.5% | +$65.4K |
|
802
Bath & Body Works
BBWI
$6.26B
| $12.7M | 0.01% |
398,606
+4,771
| +1% | +$152K |
|
803
Aaon
AAON
$6.52B
| $12.7M | 0.01% |
117,863
+13,201
| +13% | +$1.42M |
|
804
Carpenter Technology
CRS
$11.7B
| $12.7M | 0.01% |
+79,404
| New | +$12.7M |
|
805
Autoliv
ALV
$9.52B
| $12.6M | 0.01% |
135,305
-10,549
| -7% | -$985K |
|
806
STAG Industrial
STAG
$6.78B
| $12.6M | 0.01% |
323,003
-681
| -0.2% | -$26.6K |
|
807
Lamb Weston
LW
$7.85B
| $12.6M | 0.01% |
194,773
-333,069
| -63% | -$21.6M |
|
808
Planet Fitness
PLNT
$8.49B
| $12.6M | 0.01% |
154,820
+45,704
| +42% | +$3.71M |
|
809
Trex
TREX
$6.39B
| $12.5M | 0.01% |
188,483
-26,109
| -12% | -$1.74M |
|
810
Vail Resorts
MTN
$5.95B
| $12.5M | 0.01% |
71,800
+1,096
| +2% | +$191K |
|
811
Affirm
AFRM
$27.2B
| $12.5M | 0.01% |
306,000
-88,086
| -22% | -$3.6M |
|
812
Element Solutions
ESI
$6.05B
| $12.5M | 0.01% |
459,826
+40,390
| +10% | +$1.1M |
|
|
SMAR
813
DELISTED
Smartsheet Inc.
SMAR
| $12.5M | 0.01% |
225,536
+13,749
| +6% | +$761K |
|
814
Alcoa
AA
$8.08B
| $12.5M | 0.01% |
323,429
+84,673
| +35% | +$3.27M |
|
815
Elanco Animal Health
ELAN
$8.52B
| $12.5M | 0.01% |
848,091
-16,984
| -2% | -$249K |
|
|
ITCI
816
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $12.4M | 0.01% |
169,393
+2,877
| +2% | +$211K |
|
817
APi Group
APG
$14.3B
| $12.4M | 0.01% |
374,726
-23,021
| -6% | -$760K |
|
818
MKS Inc. Common Stock
MKSI
$6.65B
| $12.3M | 0.01% |
112,785
-4,064
| -3% | -$442K |
|
819
NOV
NOV
$4.84B
| $12.3M | 0.01% |
767,678
+68,155
| +10% | +$1.09M |
|
820
Ryder
R
$7.53B
| $12.2M | 0.01% |
83,709
-7,451
| -8% | -$1.09M |
|
821
Commerce Bancshares
CBSH
$8.12B
| $12.2M | 0.01% |
205,411
-13,686
| -6% | -$813K |
|
822
Taylor Morrison
TMHC
$6.68B
| $12.2M | 0.01% |
173,507
-10,675
| -6% | -$750K |
|
823
Lumen
LUMN
$4.75B
| $12.2M | 0.01% |
+1,715,879
| New | +$12.2M |
|
824
Flowserve
FLS
$6.94B
| $12.2M | 0.01% |
235,460
-10,766
| -4% | -$556K |
|
825
Cullen/Frost Bankers
CFR
$8.23B
| $12.1M | 0.01% |
108,003
-311
| -0.3% | -$34.8K |
|