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 |
Apple
AAPL
|
+$739M |
| 2 |
Microsoft
MSFT
|
+$541M |
| 3 |
Amazon
AMZN
|
+$248M |
| 4 |
Tesla
TSLA
|
+$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
+$171M |
| 2 |
Walmart
WMT
|
+$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$168M |
| 4 |
Accenture
ACN
|
+$125M |
| 5 |
Adobe
ADBE
|
+$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Zillow
Z
$21B
| $9.36M | 0.01% |
327,080
+60,437
| +23% | +$1.73M |
|
902
Ralph Lauren
RL
$18.9B
| $9.35M | 0.01% |
110,096
+23,986
| +28% | +$2.04M |
|
903
Hyatt Hotels
H
$13.7B
| $9.33M | 0.01% |
115,284
+84,265
| +272% | +$6.82M |
|
904
Portland General Electric
POR
$4.61B
| $9.32M | 0.01% |
214,530
+12,868
| +6% | +$559K |
|
|
UMPQ
905
DELISTED
Umpqua Holdings Corp
UMPQ
| $9.32M | 0.01% |
545,120
+138,386
| +34% | +$2.36M |
|
|
SMAR
906
DELISTED
Smartsheet Inc.
SMAR
| $9.31M | 0.01% |
271,032
+52,167
| +24% | +$1.79M |
|
907
Chemours
CC
$2.45B
| $9.22M | 0.01% |
374,126
+53,766
| +17% | +$1.33M |
|
|
UNVR
908
DELISTED
Univar Solutions Inc.
UNVR
| $9.22M | 0.01% |
405,318
+104,472
| +35% | +$2.38M |
|
909
Full Truck Alliance
YMM
$13.8B
| $9.21M | 0.01% |
1,406,528
+225,051
| +19% | +$1.47M |
|
910
Light & Wonder
LNW
$7.42B
| $9.21M | 0.01% |
214,666
+16,569
| +8% | +$710K |
|
911
Celsius Holdings
CELH
$14.4B
| $9.16M | 0.01% |
+303,069
| New | +$9.16M |
|
|
BCPC
912
Balchem Corporation
BCPC
$5.11B
| $9.15M | 0.01% |
75,284
+3,566
| +5% | +$434K |
|
913
Louisiana-Pacific
LPX
$6.64B
| $9.14M | 0.01% |
178,638
+1,130
| +0.6% | +$57.8K |
|
914
Ryder
R
$7.58B
| $9.06M | 0.01% |
119,973
+14,825
| +14% | +$1.12M |
|
915
Element Solutions
ESI
$6.24B
| $9.05M | 0.01% |
556,511
+111,191
| +25% | +$1.81M |
|
916
Houlihan Lokey
HLI
$14B
| $9.04M | 0.01% |
119,865
+3,991
| +3% | +$301K |
|
917
Teladoc Health
TDOC
$1.34B
| $9.02M | 0.01% |
355,987
+90,214
| +34% | +$2.29M |
|
918
Essent Group
ESNT
$6.24B
| $8.98M | 0.01% |
257,415
+59,813
| +30% | +$2.09M |
|
919
WD-40
WDFC
$2.86B
| $8.95M | 0.01% |
50,933
+5,070
| +11% | +$891K |
|
920
Omnicell
OMCL
$1.48B
| $8.93M | 0.01% |
102,567
+13,786
| +16% | +$1.2M |
|
921
IAC Inc
IAC
$2.84B
| $8.92M | 0.01% |
196,432
+26,786
| +16% | +$1.22M |
|
922
Ryman Hospitality Properties
RHP
$6.3B
| $8.91M | 0.01% |
121,108
+9,816
| +9% | +$722K |
|
923
Synaptics
SYNA
$2.68B
| $8.89M | 0.01% |
89,778
+11,085
| +14% | +$1.1M |
|
924
SLM Corp
SLM
$6.05B
| $8.85M | 0.01% |
632,544
+85,195
| +16% | +$1.19M |
|
925
Applovin
APP
$193B
| $8.84M | 0.01% |
453,516
+132,990
| +41% | +$2.59M |
|