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 |
Meta Platforms (Facebook)
META
|
+$234M |
| 2 |
NVIDIA
NVDA
|
+$197M |
| 3 |
Costco
COST
|
+$174M |
| 4 |
Home Depot
HD
|
+$157M |
| 5 |
Airbnb
ABNB
|
+$137M |
Top Sells
| 1 |
Amazon
AMZN
|
+$432M |
| 2 |
Microsoft
MSFT
|
+$271M |
| 3 |
Merck
MRK
|
+$261M |
| 4 |
Walt Disney
DIS
|
+$232M |
| 5 |
Texas Instruments
TXN
|
+$201M |
Sector Composition
| 1 | Technology | 31% |
| 2 | Healthcare | 13.61% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
876
TriNet
TNET
$3.3B
| $9.91M | 0.01% |
74,831
-3,544
| -5% | -$470K |
|
877
Chart Industries
GTLS
$8.95B
| $9.91M | 0.01% |
60,159
| – | – |
|
|
ETRN
878
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $9.87M | 0.01% |
789,945
+27,387
| +4% | +$342K |
|
879
Maximus
MMS
$4.94B
| $9.86M | 0.01% |
117,561
-593
| -0.5% | -$49.8K |
|
880
AGNC Investment
AGNC
$10.7B
| $9.84M | 0.01% |
994,236
-154,544
| -13% | -$1.53M |
|
881
Westlake Corp
WLK
$10.9B
| $9.84M | 0.01% |
64,413
-2,193
| -3% | -$335K |
|
882
RH
RH
$4.29B
| $9.79M | 0.01% |
28,098
-1,467
| -5% | -$511K |
|
883
Wayfair
W
$11.3B
| $9.77M | 0.01% |
143,862
+29,852
| +26% | +$2.03M |
|
884
FNB Corp
FNB
$5.88B
| $9.76M | 0.01% |
692,422
+4,641
| +0.7% | +$65.4K |
|
885
GATX Corp
GATX
$6B
| $9.75M | 0.01% |
72,752
-13,267
| -15% | -$1.78M |
|
886
Cadence Bank
CADE
$6.94B
| $9.72M | 0.01% |
335,240
+5,355
| +2% | +$155K |
|
887
Sensata Technologies
ST
$4.59B
| $9.68M | 0.01% |
263,560
-6,846
| -3% | -$252K |
|
888
MSC Industrial Direct
MSM
$5.1B
| $9.67M | 0.01% |
99,608
-348
| -0.3% | -$33.8K |
|
889
BILL Holdings
BILL
$5.38B
| $9.66M | 0.01% |
140,536
-4,511
| -3% | -$310K |
|
890
Louisiana-Pacific
LPX
$6.64B
| $9.65M | 0.01% |
114,976
-217
| -0.2% | -$18.2K |
|
891
Bank OZK
OZK
$5.89B
| $9.63M | 0.01% |
211,800
-6,430
| -3% | -$292K |
|
892
Kanzhun
BZ
$11.2B
| $9.62M | 0.01% |
548,690
-13,144
| -2% | -$230K |
|
893
Valmont Industries
VMI
$7.45B
| $9.59M | 0.01% |
41,996
-1,071
| -2% | -$244K |
|
894
ASGN Inc
ASGN
$2.23B
| $9.57M | 0.01% |
91,368
-2,872
| -3% | -$301K |
|
|
GAP
895
The Gap, Inc.
GAP
$8.93B
| $9.54M | 0.01% |
346,145
-1,448
| -0.4% | -$39.9K |
|
896
Jackson Financial
JXN
$6.75B
| $9.5M | 0.01% |
143,584
-4,548
| -3% | -$301K |
|
897
Halozyme
HALO
$8.87B
| $9.49M | 0.01% |
233,173
-7,005
| -3% | -$285K |
|
898
Terreno Realty
TRNO
$5.92B
| $9.44M | 0.01% |
142,112
-1,400
| -1% | -$93K |
|
899
AXIS Capital
AXS
$7.59B
| $9.43M | 0.01% |
144,981
-815
| -0.6% | -$53K |
|
900
Macy's
M
$4.56B
| $9.37M | 0.01% |
468,818
-6,410
| -1% | -$128K |
|