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 |
Apple
AAPL
|
+$739M |
| 2 |
Microsoft
MSFT
|
+$541M |
| 3 |
Amazon
AMZN
|
+$248M |
| 4 |
Tesla
TSLA
|
+$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
+$171M |
| 2 |
Walmart
WMT
|
+$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$168M |
| 4 |
Accenture
ACN
|
+$125M |
| 5 |
Adobe
ADBE
|
+$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
851
SiteOne Landscape Supply
SITE
$6.39B
| $10.5M | 0.01% |
100,842
+7,175
| +8% | +$747K |
|
852
Coherent
COHR
$16.1B
| $10.5M | 0.01% |
301,242
+104,366
| +53% | +$3.64M |
|
853
Inspire Medical Systems
INSP
$2.33B
| $10.5M | 0.01% |
59,090
+7,694
| +15% | +$1.36M |
|
854
Valley National Bancorp
VLY
$5.99B
| $10.5M | 0.01% |
969,575
+183,396
| +23% | +$1.98M |
|
855
FIVE9
FIVN
$1.95B
| $10.4M | 0.01% |
138,697
+18,363
| +15% | +$1.38M |
|
|
COUP
856
DELISTED
Coupa Software Incorporated
COUP
| $10.3M | 0.01% |
175,909
+50,692
| +40% | +$2.98M |
|
857
Crane NXT
CXT
$3.49B
| $10.3M | 0.01% |
339,446
+15,489
| +5% | +$471K |
|
858
Avis
CAR
$5.48B
| $10.3M | 0.01% |
69,278
+1,554
| +2% | +$231K |
|
|
X
859
DELISTED
US Steel
X
| $10.3M | 0.01% |
567,612
+64,512
| +13% | +$1.17M |
|
860
ASGN Inc
ASGN
$2.23B
| $10.2M | 0.01% |
113,351
+5,428
| +5% | +$491K |
|
|
IAA
861
DELISTED
IAA, Inc. Common Stock
IAA
| $10.2M | 0.01% |
320,584
+50,240
| +19% | +$1.6M |
|
862
Skechers
SKX
$9.5B
| $10.2M | 0.01% |
320,858
+67,554
| +27% | +$2.14M |
|
863
FNB Corp
FNB
$5.88B
| $10.1M | 0.01% |
874,858
+184,607
| +27% | +$2.14M |
|
864
Medpace
MEDP
$13.4B
| $10.1M | 0.01% |
64,545
+4,867
| +8% | +$765K |
|
865
Hexcel
HXL
$4.93B
| $10.1M | 0.01% |
195,839
+19,454
| +11% | +$1.01M |
|
866
Black Hills Corp
BKH
$4.28B
| $10.1M | 0.01% |
148,984
+11,272
| +8% | +$763K |
|
867
UFP Industries
UFPI
$5.84B
| $10.1M | 0.01% |
139,735
+7,731
| +6% | +$558K |
|
868
Home BancShares
HOMB
$5.82B
| $10.1M | 0.01% |
447,536
+143,645
| +47% | +$3.23M |
|
869
Eagle Materials
EXP
$7.49B
| $10.1M | 0.01% |
93,791
+11,512
| +14% | +$1.23M |
|
870
AGNC Investment
AGNC
$10.7B
| $10M | 0.01% |
1,192,985
+128,481
| +12% | +$1.08M |
|
871
RH
RH
$4.29B
| $10M | 0.01% |
40,766
+6,801
| +20% | +$1.67M |
|
|
KRTX
872
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $10M | 0.01% |
+44,508
| New | +$10M |
|
873
Rayonier
RYN
$4.04B
| $9.97M | 0.01% |
349,453
+42,349
| +14% | +$1.21M |
|
874
The Ensign Group
ENSG
$9.59B
| $9.96M | 0.01% |
125,320
+5,199
| +4% | +$413K |
|
875
Cadence Bank
CADE
$6.94B
| $9.96M | 0.01% |
391,913
+270,776
| +224% | +$6.88M |
|