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 |
Texas Instruments
TXN
|
$139M |
| 2 |
IBM
IBM
|
$71.2M |
| 3 |
Tesla
TSLA
|
$63.6M |
| 4 |
McKesson
MCK
|
$58.3M |
| 5 |
GE HealthCare
GEHC
|
$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
$1.15B |
| 2 |
Microsoft
MSFT
|
$401M |
| 3 |
Amazon
AMZN
|
$354M |
| 4 |
NVIDIA
NVDA
|
$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
APi Group
APG
$14.6B
| $9.03M | 0.01% |
602,418
-21,408
| -3% | -$321K |
|
902
First Financial Bankshares
FFIN
$5.21B
| $9.02M | 0.01% |
282,642
-22,673
| -7% | -$723K |
|
903
Allison Transmission
ALSN
$7.5B
| $9.01M | 0.01% |
199,062
-35,283
| -15% | -$1.6M |
|
904
ASGN Inc
ASGN
$2.31B
| $8.99M | 0.01% |
108,759
-7,626
| -7% | -$630K |
|
905
WIX.com
WIX
$8.87B
| $8.97M | 0.01% |
89,925
-12,584
| -12% | -$1.26M |
|
906
Globus Medical
GMED
$8.03B
| $8.97M | 0.01% |
158,321
-25,587
| -14% | -$1.45M |
|
907
Black Hills Corp
BKH
$4.27B
| $8.95M | 0.01% |
141,815
-8,603
| -6% | -$543K |
|
908
Evercore
EVR
$12.6B
| $8.94M | 0.01% |
77,484
-17,594
| -19% | -$2.03M |
|
909
Full Truck Alliance
YMM
$13.8B
| $8.93M | 0.01% |
1,173,242
-206,964
| -15% | -$1.57M |
|
910
Home BancShares
HOMB
$5.82B
| $8.87M | 0.01% |
408,472
-45,791
| -10% | -$994K |
|
911
Integra LifeSciences
IART
$1.21B
| $8.87M | 0.01% |
154,466
-31,203
| -17% | -$1.79M |
|
912
GXO Logistics
GXO
$5.96B
| $8.85M | 0.01% |
175,456
-69,288
| -28% | -$3.5M |
|
913
Coherent
COHR
$15.4B
| $8.85M | 0.01% |
232,371
-52,108
| -18% | -$1.98M |
|
914
Bright Horizons
BFAM
$6.64B
| $8.84M | 0.01% |
114,873
-13,544
| -11% | -$1.04M |
|
|
TRTN
915
DELISTED
Triton International Limited
TRTN
| $8.84M | 0.01% |
139,846
-20,364
| -13% | -$1.29M |
|
916
Pinnacle Financial Partners
PNFP
$7.59B
| $8.79M | 0.01% |
159,388
-20,525
| -11% | -$1.13M |
|
917
Synaptics
SYNA
$2.71B
| $8.75M | 0.01% |
78,754
-10,903
| -12% | -$1.21M |
|
918
Element Solutions
ESI
$6.32B
| $8.74M | 0.01% |
452,427
-106,008
| -19% | -$2.05M |
|
919
Bank OZK
OZK
$5.9B
| $8.7M | 0.01% |
254,373
-54,940
| -18% | -$1.88M |
|
920
TD Synnex
SNX
$12.3B
| $8.7M | 0.01% |
89,858
-6,306
| -7% | -$610K |
|
921
AXIS Capital
AXS
$7.66B
| $8.64M | 0.01% |
158,516
-24,762
| -14% | -$1.35M |
|
922
Workiva
WK
$4.54B
| $8.64M | 0.01% |
84,343
-10,123
| -11% | -$1.04M |
|
923
Fluor
FLR
$6.66B
| $8.63M | 0.01% |
279,343
+13,105
| +5% | +$405K |
|
924
OneMain Financial
OMF
$7.24B
| $8.62M | 0.01% |
232,588
-30,518
| -12% | -$1.13M |
|
925
Vontier
VNT
$6.38B
| $8.62M | 0.01% |
315,242
-24,518
| -7% | -$670K |
|