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
|
+$253M |
| 2 |
Walmart
WMT
|
+$201M |
| 3 |
Amazon
AMZN
|
+$110M |
| 4 |
United Parcel Service
UPS
|
+$103M |
| 5 |
Pool Corp
POOL
|
+$87M |
Top Sells
| 1 |
TJX Companies
TJX
|
+$413M |
| 2 |
Chubb
CB
|
+$336M |
| 3 |
Coca-Cola
KO
|
+$252M |
| 4 |
McCormick & Company Non-Voting
MKC
|
+$169M |
| 5 |
Apple
AAPL
|
+$152M |
Sector Composition
| 1 | Technology | 23.04% |
| 2 | Healthcare | 14.63% |
| 3 | Financials | 12.69% |
| 4 | Consumer Discretionary | 10.7% |
| 5 | Communication Services | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ACC
826
DELISTED
American Campus Communities, Inc.
ACC
| $14.6M | 0.01% |
313,490
-15,162
| -5% | -$708K |
|
|
SWAV
827
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $14.6M | 0.01% |
76,990
+1,978
| +3% | +$375K |
|
828
BJs Wholesale Club
BJ
$12.8B
| $14.6M | 0.01% |
306,714
-34,669
| -10% | -$1.65M |
|
829
Dolby
DLB
$6.8B
| $14.6M | 0.01% |
148,185
-3,670
| -2% | -$361K |
|
830
Nexstar Media Group
NXST
$5.98B
| $14.5M | 0.01% |
98,367
-6,912
| -7% | -$1.02M |
|
|
COHR
831
DELISTED
Coherent Inc
COHR
| $14.5M | 0.01% |
54,967
-1,927
| -3% | -$509K |
|
832
HealthEquity
HQY
$7.88B
| $14.5M | 0.01% |
180,429
+5,120
| +3% | +$412K |
|
833
Fox Factory Holding Corp
FOXF
$1.17B
| $14.5M | 0.01% |
93,232
-1,917
| -2% | -$298K |
|
834
Prosperity Bancshares
PB
$6.4B
| $14.5M | 0.01% |
201,764
-11,772
| -6% | -$845K |
|
|
X
835
DELISTED
US Steel
X
| $14.5M | 0.01% |
603,114
+51,328
| +9% | +$1.23M |
|
836
EastGroup Properties
EGP
$8.72B
| $14.5M | 0.01% |
87,955
-4,135
| -4% | -$680K |
|
837
EQT Corp
EQT
$31.8B
| $14.4M | 0.01% |
647,131
-50,225
| -7% | -$1.12M |
|
838
Axalta
AXTA
$6.7B
| $14.3M | 0.01% |
470,071
-33,664
| -7% | -$1.03M |
|
839
Ziff Davis
ZD
$1.5B
| $14.3M | 0.01% |
119,730
-7,076
| -6% | -$846K |
|
840
First Financial Bankshares
FFIN
$5.13B
| $14.3M | 0.01% |
291,107
-8,402
| -3% | -$413K |
|
841
Halozyme
HALO
$8.87B
| $14.3M | 0.01% |
314,959
-18,662
| -6% | -$847K |
|
842
Eagle Materials
EXP
$7.49B
| $14.3M | 0.01% |
100,504
+4,420
| +5% | +$628K |
|
843
Performance Food Group
PFGC
$16.3B
| $14.3M | 0.01% |
293,991
-14,860
| -5% | -$721K |
|
844
Cullen/Frost Bankers
CFR
$8.11B
| $14.2M | 0.01% |
126,473
-1,407
| -1% | -$158K |
|
845
Twist Bioscience
TWST
$1.46B
| $14.2M | 0.01% |
106,255
-9,348
| -8% | -$1.25M |
|
846
Landstar System
LSTR
$4.5B
| $14.1M | 0.01% |
89,207
+83
| +0.1% | +$13.1K |
|
|
TMX
847
DELISTED
Terminix Global Holdings, Inc.
TMX
| $14.1M | 0.01% |
294,980
-22,675
| -7% | -$1.08M |
|
848
Macy's
M
$4.67B
| $14.1M | 0.01% |
741,419
-23,273
| -3% | -$441K |
|
849
Perrigo
PRGO
$3.04B
| $14M | 0.01% |
304,540
-39,555
| -11% | -$1.81M |
|
850
Lumentum
LITE
$11.5B
| $14M | 0.01% |
170,187
-7,353
| -4% | -$603K |
|