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 | |
|---|---|---|---|---|---|---|
826
Cullen/Frost Bankers
CFR
$8.27B
| $11M | 0.01% |
108,314
-1,997
| -2% | -$203K |
|
827
Rambus
RMBS
$8.02B
| $10.9M | 0.01% |
186,262
-3,525
| -2% | -$207K |
|
828
ESAB
ESAB
$6.92B
| $10.9M | 0.01% |
115,790
+355
| +0.3% | +$33.5K |
|
829
Meritage Homes
MTH
$5.63B
| $10.9M | 0.01% |
135,110
-238
| -0.2% | -$19.3K |
|
830
Exact Sciences
EXAS
$10.5B
| $10.9M | 0.01% |
258,113
-48,100
| -16% | -$2.03M |
|
831
Wyndham Hotels & Resorts
WH
$6.67B
| $10.9M | 0.01% |
147,321
-11,692
| -7% | -$865K |
|
832
Valmont Industries
VMI
$7.34B
| $10.9M | 0.01% |
39,673
-2,323
| -6% | -$638K |
|
833
FMC
FMC
$4.6B
| $10.8M | 0.01% |
188,364
-39,188
| -17% | -$2.26M |
|
834
Cognex
CGNX
$7.45B
| $10.8M | 0.01% |
231,352
-67,424
| -23% | -$3.15M |
|
835
First Industrial Realty Trust
FR
$6.79B
| $10.8M | 0.01% |
227,598
-5,107
| -2% | -$243K |
|
836
Rithm Capital
RITM
$6.64B
| $10.8M | 0.01% |
990,887
+55,751
| +6% | +$608K |
|
837
MarketAxess Holdings
MKTX
$7.03B
| $10.7M | 0.01% |
53,598
+249
| +0.5% | +$49.9K |
|
838
Lithia Motors
LAD
$8.84B
| $10.6M | 0.01% |
42,130
+2,423
| +6% | +$612K |
|
839
SEI Investments
SEIC
$10.7B
| $10.6M | 0.01% |
164,210
-1,442
| -0.9% | -$93.3K |
|
840
Murphy Oil
MUR
$3.56B
| $10.6M | 0.01% |
255,945
-11,687
| -4% | -$482K |
|
841
Synovus
SNV
$7.15B
| $10.5M | 0.01% |
261,391
-5,948
| -2% | -$239K |
|
842
Olin
OLN
$2.91B
| $10.5M | 0.01% |
222,012
+22
| +0% | +$1.04K |
|
843
First American
FAF
$6.8B
| $10.3M | 0.01% |
191,706
+5,976
| +3% | +$322K |
|
844
OneMain Financial
OMF
$7.23B
| $10.3M | 0.01% |
213,232
+8,484
| +4% | +$411K |
|
845
Civitas Resources
CIVI
$3.01B
| $10.3M | 0.01% |
149,278
+6,215
| +4% | +$429K |
|
846
Maximus
MMS
$4.93B
| $10.3M | 0.01% |
120,152
+2,591
| +2% | +$222K |
|
847
Procore
PCOR
$10.5B
| $10.3M | 0.01% |
154,954
+16,803
| +12% | +$1.11M |
|
848
Freshpet
FRPT
$2.78B
| $10.3M | 0.01% |
79,253
+18,070
| +30% | +$2.34M |
|
|
SRCL
849
DELISTED
Stericycle Inc
SRCL
| $10.2M | 0.01% |
175,751
+5,077
| +3% | +$295K |
|
850
Taylor Morrison
TMHC
$6.92B
| $10.2M | 0.01% |
184,182
-27,587
| -13% | -$1.53M |
|