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 |
Vanguard S&P 500 ETF
VOO
|
$9.2B |
| 2 |
Apple
AAPL
|
$199M |
| 3 |
NextEra Energy, Inc.
NEE
|
$180M |
| 4 |
Texas Instruments
TXN
|
$102M |
| 5 |
Costco
COST
|
$96.9M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$192M |
| 3 |
Amazon
AMZN
|
$188M |
| 4 |
Applied Materials
AMAT
|
$163M |
| 5 |
Meta Platforms (Facebook)
META
|
$142M |
Sector Composition
| 1 | Technology | 32.39% |
| 2 | Financials | 12.4% |
| 3 | Healthcare | 10.11% |
| 4 | Consumer Discretionary | 8.73% |
| 5 | Communication Services | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
801
Valmont Industries
VMI
$7.34B
| $11.9M | 0.01% |
38,672
-1,460
| -4% | -$448K |
|
802
Kyndryl
KD
$7.42B
| $11.8M | 0.01% |
340,250
-40,252
| -11% | -$1.39M |
|
803
Hyatt Hotels
H
$13.9B
| $11.8M | 0.01% |
74,937
-4,245
| -5% | -$666K |
|
804
VF Corp
VFC
$5.87B
| $11.8M | 0.01% |
547,699
-37,954
| -6% | -$814K |
|
805
Revolution Medicines
RVMD
$7.59B
| $11.7M | 0.01% |
268,289
+39,475
| +17% | +$1.73M |
|
806
Simpson Manufacturing
SSD
$8.15B
| $11.7M | 0.01% |
70,672
-6,901
| -9% | -$1.14M |
|
|
X
807
DELISTED
US Steel
X
| $11.7M | 0.01% |
344,334
-24,432
| -7% | -$830K |
|
808
LXP Industrial Trust
LXP
$2.7B
| $11.6M | 0.01% |
1,434,314
+52,370
| +4% | +$425K |
|
809
Masimo
MASI
$7.94B
| $11.6M | 0.01% |
70,229
-3,084
| -4% | -$510K |
|
810
Graphic Packaging
GPK
$6.26B
| $11.6M | 0.01% |
427,069
-146,099
| -25% | -$3.97M |
|
811
Doximity
DOCS
$12.9B
| $11.6M | 0.01% |
216,780
-8,360
| -4% | -$446K |
|
812
Enphase Energy
ENPH
$4.97B
| $11.6M | 0.01% |
168,317
-58,607
| -26% | -$4.03M |
|
813
Advanced Drainage Systems
WMS
$11.4B
| $11.5M | 0.01% |
99,194
-26,336
| -21% | -$3.04M |
|
814
Qorvo
QRVO
$8.62B
| $11.5M | 0.01% |
163,810
-17,705
| -10% | -$1.24M |
|
815
Autoliv
ALV
$9.54B
| $11.5M | 0.01% |
122,129
-13,176
| -10% | -$1.24M |
|
816
Globant
GLOB
$2.75B
| $11.4M | 0.01% |
53,085
-382
| -0.7% | -$81.9K |
|
817
Caesars Entertainment
CZR
$5.43B
| $11.4M | 0.01% |
340,216
-34,563
| -9% | -$1.16M |
|
818
Maplebear
CART
$11.8B
| $11.4M | 0.01% |
274,269
-1,756
| -0.6% | -$72.7K |
|
819
Kirby Corp
KEX
$4.88B
| $11.2M | 0.01% |
106,222
-6,039
| -5% | -$639K |
|
820
Matador Resources
MTDR
$5.99B
| $11.2M | 0.01% |
199,530
-10,389
| -5% | -$584K |
|
821
Full Truck Alliance
YMM
$13.9B
| $11.2M | 0.01% |
1,035,910
-42,053
| -4% | -$455K |
|
822
Mine Safety
MSA
$6.68B
| $11.2M | 0.01% |
67,515
| – | – |
|
823
Ryman Hospitality Properties
RHP
$6.38B
| $11.2M | 0.01% |
107,248
-11,420
| -10% | -$1.19M |
|
|
BECN
824
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $11.2M | 0.01% |
110,101
-3,291
| -3% | -$334K |
|
825
WillScot Mobile Mini Holdings
WSC
$4.32B
| $11.2M | 0.01% |
333,759
-25,580
| -7% | -$856K |
|