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
|
$292M |
| 2 |
NVIDIA
NVDA
|
$284M |
| 3 |
Applied Materials
AMAT
|
$233M |
| 4 |
NXP Semiconductors
NXPI
|
$190M |
| 5 |
Microchip Technology
MCHP
|
$184M |
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 | |
|---|---|---|---|---|---|---|
826
Hyatt Hotels
H
$13.7B
| $12.1M | 0.01% |
79,182
-3,778
| -5% | -$575K |
|
827
Dayforce
DAY
$11B
| $12M | 0.01% |
196,408
+3,571
| +2% | +$219K |
|
828
Weatherford International
WFRD
$4.48B
| $12M | 0.01% |
141,229
-5,726
| -4% | -$486K |
|
829
ESAB
ESAB
$6.92B
| $12M | 0.01% |
112,686
-3,104
| -3% | -$330K |
|
830
Mine Safety
MSA
$6.62B
| $12M | 0.01% |
67,515
-4,420
| -6% | -$784K |
|
|
AZEK
831
DELISTED
The AZEK Co
AZEK
| $11.9M | 0.01% |
255,331
-15,573
| -6% | -$729K |
|
832
Mattel
MAT
$5.87B
| $11.9M | 0.01% |
623,488
+11,976
| +2% | +$228K |
|
833
Etsy
ETSY
$5.15B
| $11.9M | 0.01% |
213,564
+498
| +0.2% | +$27.7K |
|
834
Rivian
RIVN
$17.5B
| $11.9M | 0.01% |
1,056,922
-16,892
| -2% | -$190K |
|
835
Zions Bancorporation
ZION
$8.48B
| $11.8M | 0.01% |
250,596
-8,432
| -3% | -$398K |
|
836
Bruker
BRKR
$4.45B
| $11.8M | 0.01% |
170,174
-25,130
| -13% | -$1.74M |
|
837
Paycom
PAYC
$12.5B
| $11.7M | 0.01% |
70,255
-16,175
| -19% | -$2.69M |
|
838
VF Corp
VFC
$5.79B
| $11.7M | 0.01% |
585,653
-4,819
| -0.8% | -$96.1K |
|
839
Zillow
Z
$20.2B
| $11.7M | 0.01% |
182,630
+3,930
| +2% | +$251K |
|
840
Viking Therapeutics
VKTX
$3.02B
| $11.7M | 0.01% |
+184,168
| New | +$11.7M |
|
841
Valmont Industries
VMI
$7.25B
| $11.6M | 0.01% |
40,132
+459
| +1% | +$133K |
|
842
SEI Investments
SEIC
$10.8B
| $11.6M | 0.01% |
167,595
+3,385
| +2% | +$234K |
|
843
AGCO
AGCO
$8.05B
| $11.6M | 0.01% |
118,494
+1,463
| +1% | +$143K |
|
844
Synovus
SNV
$7.14B
| $11.6M | 0.01% |
260,561
-830
| -0.3% | -$36.9K |
|
845
Armstrong World Industries
AWI
$8.42B
| $11.6M | 0.01% |
87,963
+361
| +0.4% | +$47.4K |
|
846
Cabot Corp
CBT
$4.28B
| $11.5M | 0.01% |
102,963
-1,153
| -1% | -$129K |
|
847
Freshpet
FRPT
$2.59B
| $11.3M | 0.01% |
82,912
+3,659
| +5% | +$500K |
|
848
Starwood Property Trust
STWD
$7.44B
| $11.3M | 0.01% |
553,729
+29,737
| +6% | +$606K |
|
849
Maplebear
CART
$11.7B
| $11.2M | 0.01% |
+276,025
| New | +$11.2M |
|
850
Glaukos
GKOS
$5.42B
| $11.2M | 0.01% |
86,241
+12,160
| +16% | +$1.58M |
|