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 | |
|---|---|---|---|---|---|---|
876
ATI
ATI
$10.7B
| $9.59M | 0.01% |
172,920
-1,765
| -1% | -$97.9K |
|
877
Cabot Corp
CBT
$4.31B
| $9.57M | 0.01% |
104,116
+5,558
| +6% | +$511K |
|
878
Hexcel
HXL
$5.12B
| $9.57M | 0.01% |
153,186
-3,544
| -2% | -$221K |
|
879
Dayforce
DAY
$10.9B
| $9.56M | 0.01% |
192,837
-9,055
| -4% | -$449K |
|
880
Kanzhun
BZ
$11.1B
| $9.56M | 0.01% |
508,223
-40,467
| -7% | -$761K |
|
881
Prosperity Bancshares
PB
$6.46B
| $9.55M | 0.01% |
156,176
+2,737
| +2% | +$167K |
|
882
Valvoline
VVV
$5.08B
| $9.54M | 0.01% |
220,907
-32,662
| -13% | -$1.41M |
|
883
Lantheus
LNTH
$3.65B
| $9.54M | 0.01% |
118,767
-3,454
| -3% | -$277K |
|
884
Marathon Digital Holdings
MARA
$5.63B
| $9.54M | 0.01% |
480,372
+160,121
| +50% | +$3.18M |
|
885
GitLab
GTLB
$7.99B
| $9.5M | 0.01% |
191,168
+52,488
| +38% | +$2.61M |
|
886
Alcoa
AA
$8.3B
| $9.5M | 0.01% |
238,756
-8,289
| -3% | -$330K |
|
887
Kite Realty
KRG
$5.02B
| $9.45M | 0.01% |
422,162
+36,818
| +10% | +$824K |
|
888
Matsons
MATX
$3.36B
| $9.44M | 0.01% |
72,113
-1,681
| -2% | -$220K |
|
889
Masimo
MASI
$8.08B
| $9.41M | 0.01% |
74,713
+13,098
| +21% | +$1.65M |
|
890
Liberty Global Class A
LBTYA
$3.99B
| $9.41M | 0.01% |
539,783
-452,804
| -46% | -$7.89M |
|
891
Nextracker
NXT
$10.3B
| $9.38M | 0.01% |
200,118
+6
| +0% | +$281 |
|
892
PBF Energy
PBF
$3.29B
| $9.37M | 0.01% |
203,573
-7,808
| -4% | -$359K |
|
893
Ionis Pharmaceuticals
IONS
$9.72B
| $9.36M | 0.01% |
196,484
-7,461
| -4% | -$356K |
|
894
Macy's
M
$4.57B
| $9.36M | 0.01% |
487,482
+18,664
| +4% | +$358K |
|
|
SMAR
895
DELISTED
Smartsheet Inc.
SMAR
| $9.34M | 0.01% |
211,787
-7,377
| -3% | -$325K |
|
896
Penumbra
PEN
$11.1B
| $9.32M | 0.01% |
51,779
+1,701
| +3% | +$306K |
|
897
Exponent
EXPO
$3.61B
| $9.29M | 0.01% |
97,706
-91,324
| -48% | -$8.69M |
|
898
Sealed Air
SEE
$4.86B
| $9.26M | 0.01% |
266,268
-4,261
| -2% | -$148K |
|
899
Confluent
CFLT
$6.98B
| $9.23M | 0.01% |
312,559
+50,303
| +19% | +$1.49M |
|
900
UGI
UGI
$7.37B
| $9.23M | 0.01% |
403,040
+24,618
| +7% | +$564K |
|