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 |
Vanguard S&P 500 ETF
VOO
|
$9.2B |
| 2 |
Apple
AAPL
|
$199M |
| 3 |
NextEra Energy, Inc.
NEE
|
$180M |
| 4 |
Texas Instruments
TXN
|
$102M |
| 5 |
Costco
COST
|
$96.9M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$192M |
| 3 |
Amazon
AMZN
|
$188M |
| 4 |
Applied Materials
AMAT
|
$163M |
| 5 |
Meta Platforms (Facebook)
META
|
$142M |
Sector Composition
| 1 | Technology | 32.39% |
| 2 | Financials | 12.4% |
| 3 | Healthcare | 10.11% |
| 4 | Consumer Discretionary | 8.73% |
| 5 | Communication Services | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
876
Darling Ingredients
DAR
$5.07B
| $10M | 0.01% |
296,913
+3,801
| +1% | +$128K |
|
877
Repligen
RGEN
$7.01B
| $9.98M | 0.01% |
69,320
-4,664
| -6% | -$671K |
|
878
Hexcel
HXL
$5.16B
| $9.97M | 0.01% |
159,049
-3,235
| -2% | -$203K |
|
879
Rithm Capital
RITM
$6.69B
| $9.97M | 0.01% |
920,262
-23,175
| -2% | -$251K |
|
880
Modine Manufacturing
MOD
$7.1B
| $9.93M | 0.01% |
85,690
+16,376
| +24% | +$1.9M |
|
881
Weatherford International
WFRD
$4.49B
| $9.82M | 0.01% |
137,031
-4,198
| -3% | -$301K |
|
882
Elanco Animal Health
ELAN
$9.16B
| $9.71M | 0.01% |
801,637
-46,454
| -5% | -$563K |
|
|
NBIS
883
Nebius Group N.V. Class A Ordinary Shares
NBIS
$15.6B
| $9.7M | 0.01% |
350,000
-258,396
| -42% | -$7.16M |
|
884
Cirrus Logic
CRUS
$5.94B
| $9.67M | 0.01% |
97,066
-7,991
| -8% | -$796K |
|
885
Whirlpool
WHR
$5.28B
| $9.66M | 0.01% |
84,361
-8,262
| -9% | -$946K |
|
886
Invesco
IVZ
$9.81B
| $9.55M | 0.01% |
546,535
-82,683
| -13% | -$1.45M |
|
887
Badger Meter
BMI
$5.39B
| $9.53M | 0.01% |
44,932
+593
| +1% | +$126K |
|
888
Glacier Bancorp
GBCI
$5.88B
| $9.48M | 0.01% |
188,796
-7,028
| -4% | -$353K |
|
889
Vontier
VNT
$6.37B
| $9.47M | 0.01% |
259,581
-19,102
| -7% | -$697K |
|
890
Procore
PCOR
$10.5B
| $9.47M | 0.01% |
126,324
-46,931
| -27% | -$3.52M |
|
891
UMB Financial
UMBF
$9.45B
| $9.43M | 0.01% |
83,521
-5,579
| -6% | -$630K |
|
892
AGNC Investment
AGNC
$10.8B
| $9.42M | 0.01% |
1,022,721
+2,609
| +0.3% | +$24K |
|
893
Sealed Air
SEE
$4.82B
| $9.38M | 0.01% |
277,330
-1,657
| -0.6% | -$56.1K |
|
894
Zillow
ZG
$20.5B
| $9.38M | 0.01% |
132,332
+6,951
| +6% | +$492K |
|
895
Freshpet
FRPT
$2.7B
| $9.37M | 0.01% |
63,258
-19,654
| -24% | -$2.91M |
|
896
Herc Holdings
HRI
$4.6B
| $9.3M | 0.01% |
49,118
+48
| +0.1% | +$9.09K |
|
897
KB Home
KBH
$4.63B
| $9.26M | 0.01% |
140,838
-8,942
| -6% | -$588K |
|
898
Cabot Corp
CBT
$4.31B
| $9.23M | 0.01% |
101,086
-1,877
| -2% | -$171K |
|
899
Nexstar Media Group
NXST
$6.31B
| $9.21M | 0.01% |
58,275
-3,545
| -6% | -$560K |
|
900
Radian Group
RDN
$4.79B
| $9.19M | 0.01% |
289,785
-30,628
| -10% | -$972K |
|