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 | |
|---|---|---|---|---|---|---|
876
AGNC Investment
AGNC
$10.2B
| $10.7M | 0.01% |
1,020,112
-176,580
| -15% | -$1.85M |
|
877
Kite Realty
KRG
$4.97B
| $10.6M | 0.01% |
400,127
-22,035
| -5% | -$585K |
|
878
Mr. Cooper
COOP
$11.7B
| $10.6M | 0.01% |
114,991
+41,513
| +56% | +$3.83M |
|
879
Globant
GLOB
$2.83B
| $10.6M | 0.01% |
53,467
-16,387
| -23% | -$3.25M |
|
880
Thor Industries
THO
$5.71B
| $10.6M | 0.01% |
96,354
-1,757
| -2% | -$193K |
|
881
Oshkosh
OSK
$8.82B
| $10.5M | 0.01% |
105,093
-27,456
| -21% | -$2.75M |
|
882
Alaska Air
ALK
$7.22B
| $10.5M | 0.01% |
232,719
+17,108
| +8% | +$773K |
|
883
Bio-Rad Laboratories Class A
BIO
$7.87B
| $10.4M | 0.01% |
31,102
-10,394
| -25% | -$3.48M |
|
884
Franklin Resources
BEN
$13.2B
| $10.4M | 0.01% |
516,186
+7,778
| +2% | +$157K |
|
885
Terreno Realty
TRNO
$5.78B
| $10.4M | 0.01% |
155,560
+16,916
| +12% | +$1.13M |
|
886
Olin
OLN
$2.7B
| $10.4M | 0.01% |
216,631
-5,381
| -2% | -$258K |
|
887
Revolution Medicines
RVMD
$7.39B
| $10.4M | 0.01% |
+228,814
| New | +$10.4M |
|
888
Matador Resources
MTDR
$6.38B
| $10.4M | 0.01% |
209,919
+14,770
| +8% | +$730K |
|
889
Franklin Electric
FELE
$4.3B
| $10.4M | 0.01% |
98,780
-1,309
| -1% | -$137K |
|
890
Fox Class B
FOX
$24.8B
| $10.3M | 0.01% |
265,714
+19,399
| +8% | +$753K |
|
891
Cleveland-Cliffs
CLF
$5.17B
| $10.3M | 0.01% |
803,551
-1,737
| -0.2% | -$22.2K |
|
892
SLM Corp
SLM
$6.46B
| $10.2M | 0.01% |
447,796
+27,087
| +6% | +$619K |
|
893
Lazard
LAZ
$5.32B
| $10.2M | 0.01% |
203,181
+10,059
| +5% | +$507K |
|
894
SoFi Technologies
SOFI
$29.8B
| $10.2M | 0.01% |
1,301,483
+5,431
| +0.4% | +$42.7K |
|
895
National Fuel Gas
NFG
$7.87B
| $10.2M | 0.01% |
168,679
-9,768
| -5% | -$592K |
|
896
Nexstar Media Group
NXST
$6.15B
| $10.2M | 0.01% |
61,820
-5,156
| -8% | -$853K |
|
897
OneMain Financial
OMF
$7.26B
| $10.2M | 0.01% |
216,374
+3,142
| +1% | +$148K |
|
898
MDU Resources
MDU
$3.33B
| $10.2M | 0.01% |
371,015
+37,964
| +11% | +$1.04M |
|
899
Rayonier
RYN
$3.98B
| $10.1M | 0.01% |
315,204
+21,503
| +7% | +$692K |
|
900
Sealed Air
SEE
$4.71B
| $10.1M | 0.01% |
278,987
+12,719
| +5% | +$462K |
|