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 |
NVIDIA
NVDA
|
+$894M |
| 2 |
UnitedHealth
UNH
|
+$430M |
| 3 |
Intel
INTC
|
+$409M |
| 4 |
Amazon
AMZN
|
+$352M |
| 5 |
Broadcom
AVGO
|
+$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$415M |
| 2 |
Microsoft
MSFT
|
+$275M |
| 3 |
VMW
VMware, Inc
VMW
|
+$221M |
| 4 |
JPMorgan Chase
JPM
|
+$146M |
| 5 |
Verizon
VZ
|
+$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
826
Starwood Property Trust
STWD
$7.6B
| $11.2M | 0.01% |
533,776
-41,792
| -7% | -$878K |
|
827
Commercial Metals
CMC
$6.53B
| $11.2M | 0.01% |
222,981
-29,896
| -12% | -$1.5M |
|
828
Darling Ingredients
DAR
$4.95B
| $11.1M | 0.01% |
223,620
-17,728
| -7% | -$884K |
|
829
Frontier Communications
FYBR
$9.35B
| $11.1M | 0.01% |
438,889
| – | – |
|
830
Applied Industrial Technologies
AIT
$9.95B
| $11.1M | 0.01% |
64,203
+6,404
| +11% | +$1.11M |
|
|
CHX
831
DELISTED
ChampionX
CHX
| $11M | 0.01% |
377,809
-27,453
| -7% | -$802K |
|
832
Vipshop
VIPS
$8.85B
| $11M | 0.01% |
621,160
+44,144
| +8% | +$784K |
|
833
SEI Investments
SEIC
$10.7B
| $11M | 0.01% |
173,572
-6,196
| -3% | -$394K |
|
834
Ralph Lauren
RL
$18.9B
| $11M | 0.01% |
76,476
-3,908
| -5% | -$564K |
|
835
Mueller Industries
MLI
$10.8B
| $10.9M | 0.01% |
230,839
+10,381
| +5% | +$489K |
|
836
Bank OZK
OZK
$5.89B
| $10.9M | 0.01% |
218,230
-11,266
| -5% | -$561K |
|
837
Planet Fitness
PLNT
$8.52B
| $10.9M | 0.01% |
148,906
-6,301
| -4% | -$460K |
|
838
Valvoline
VVV
$5B
| $10.9M | 0.01% |
289,010
-36,468
| -11% | -$1.37M |
|
|
SMAR
839
DELISTED
Smartsheet Inc.
SMAR
| $10.7M | 0.01% |
223,866
-6,901
| -3% | -$330K |
|
840
Hyatt Hotels
H
$13.6B
| $10.6M | 0.01% |
81,406
-9,499
| -10% | -$1.24M |
|
841
Ionis Pharmaceuticals
IONS
$10.2B
| $10.6M | 0.01% |
209,436
-445,935
| -68% | -$22.6M |
|
842
Sonoco
SON
$4.54B
| $10.6M | 0.01% |
189,262
-5,933
| -3% | -$331K |
|
843
OneMain Financial
OMF
$7.22B
| $10.6M | 0.01% |
214,613
-16,296
| -7% | -$802K |
|
844
Vontier
VNT
$6.29B
| $10.6M | 0.01% |
305,447
+11,114
| +4% | +$384K |
|
845
Ryder
R
$7.61B
| $10.5M | 0.01% |
91,571
-10,698
| -10% | -$1.23M |
|
846
Crocs
CROX
$4.43B
| $10.5M | 0.01% |
112,215
-10,755
| -9% | -$1M |
|
847
Option Care Health
OPCH
$4.66B
| $10.4M | 0.01% |
309,372
-8,078
| -3% | -$272K |
|
848
GATX Corp
GATX
$6B
| $10.3M | 0.01% |
86,019
-688
| -0.8% | -$82.7K |
|
849
Prosperity Bancshares
PB
$6.4B
| $10.3M | 0.01% |
152,646
-12,098
| -7% | -$819K |
|
850
Synovus
SNV
$7.13B
| $10.3M | 0.01% |
272,826
-14,215
| -5% | -$535K |
|