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 |
Broadcom
AVGO
|
$1.96B |
| 2 |
Costco
COST
|
$292M |
| 3 |
NVIDIA
NVDA
|
$284M |
| 4 |
Applied Materials
AMAT
|
$233M |
| 5 |
NXP Semiconductors
NXPI
|
$190M |
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 | |
|---|---|---|---|---|---|---|
851
ACI Worldwide
ACIW
$5.03B
| $11.2M | 0.01% |
220,574
+13,155
| +6% | +$670K |
|
852
SPX Corp
SPXC
$9.12B
| $11.2M | 0.01% |
70,381
+28,662
| +69% | +$4.57M |
|
853
Novanta
NOVT
$4B
| $11.2M | 0.01% |
62,491
-9,788
| -14% | -$1.75M |
|
854
PVH
PVH
$4.17B
| $11.2M | 0.01% |
110,701
-778
| -0.7% | -$78.4K |
|
855
Wyndham Hotels & Resorts
WH
$6.68B
| $11.1M | 0.01% |
142,631
-4,690
| -3% | -$366K |
|
856
Vipshop
VIPS
$8.25B
| $11.1M | 0.01% |
707,599
+15,616
| +2% | +$246K |
|
857
Gentex
GNTX
$6.1B
| $11.1M | 0.01% |
374,509
-6,784
| -2% | -$201K |
|
858
Radian Group
RDN
$4.69B
| $11.1M | 0.01% |
320,413
-1,044
| -0.3% | -$36.2K |
|
859
Invesco
IVZ
$9.67B
| $11M | 0.01% |
629,218
+27,430
| +5% | +$482K |
|
860
Exponent
EXPO
$3.63B
| $11M | 0.01% |
95,752
-1,954
| -2% | -$225K |
|
861
Repligen
RGEN
$6.75B
| $11M | 0.01% |
73,984
-19,734
| -21% | -$2.94M |
|
862
SentinelOne
S
$5.99B
| $10.9M | 0.01% |
455,722
+70,361
| +18% | +$1.68M |
|
863
Darling Ingredients
DAR
$5.1B
| $10.9M | 0.01% |
293,112
+65,502
| +29% | +$2.43M |
|
864
Brunswick
BC
$4.17B
| $10.9M | 0.01% |
129,549
-3,660
| -3% | -$307K |
|
865
Prosperity Bancshares
PB
$6.58B
| $10.8M | 0.01% |
150,231
-5,945
| -4% | -$428K |
|
866
Inspire Medical Systems
INSP
$2.66B
| $10.8M | 0.01% |
51,084
+8,699
| +21% | +$1.84M |
|
|
AZPN
867
DELISTED
Aspen Technology Inc
AZPN
| $10.8M | 0.01% |
45,051
-65,088
| -59% | -$15.5M |
|
868
Lattice Semiconductor
LSCC
$9.1B
| $10.8M | 0.01% |
202,610
-53,332
| -21% | -$2.83M |
|
869
American Airlines Group
AAL
$9.16B
| $10.7M | 0.01% |
956,067
-236,724
| -20% | -$2.66M |
|
870
Elastic
ESTC
$8.91B
| $10.7M | 0.01% |
139,964
+2,147
| +2% | +$165K |
|
871
Brink's
BCO
$4.71B
| $10.7M | 0.01% |
92,819
-6,135
| -6% | -$709K |
|
872
Rithm Capital
RITM
$6.56B
| $10.7M | 0.01% |
943,437
-47,450
| -5% | -$539K |
|
873
EXL Service
EXLS
$7B
| $10.7M | 0.01% |
280,435
+3,074
| +1% | +$117K |
|
874
Procore
PCOR
$10.1B
| $10.7M | 0.01% |
173,255
+18,301
| +12% | +$1.13M |
|
875
Timken Company
TKR
$5.29B
| $10.7M | 0.01% |
126,602
+2,720
| +2% | +$229K |
|