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 |
NVIDIA
NVDA
|
$584M |
| 2 |
Tesla
TSLA
|
$574M |
| 3 |
Microsoft
MSFT
|
$567M |
| 4 |
Apple
AAPL
|
$290M |
| 5 |
Chevron
CVX
|
$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
$114M |
| 3 |
Verizon
VZ
|
$113M |
| 4 |
Oracle
ORCL
|
$106M |
| 5 |
Mastercard
MA
|
$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Element Solutions
ESI
$6.33B
| $8.56M | 0.01% |
436,435
| – | – |
|
902
Bank OZK
OZK
$5.9B
| $8.51M | 0.01% |
229,496
+516
| +0.2% | +$19.1K |
|
903
Power Integrations
POWI
$2.52B
| $8.51M | 0.01% |
111,473
-4,589
| -4% | -$350K |
|
904
Bright Horizons
BFAM
$6.64B
| $8.49M | 0.01% |
104,175
| – | – |
|
905
TriNet
TNET
$3.43B
| $8.45M | 0.01% |
72,551
-2,657
| -4% | -$309K |
|
906
Full Truck Alliance
YMM
$13.9B
| $8.45M | 0.01% |
1,199,845
+33,639
| +3% | +$237K |
|
|
AZPN
907
DELISTED
Aspen Technology Inc
AZPN
| $8.45M | 0.01% |
41,353
-10,247
| -20% | -$2.09M |
|
908
Harley-Davidson
HOG
$3.67B
| $8.39M | 0.01% |
253,709
+935
| +0.4% | +$30.9K |
|
909
RH
RH
$4.7B
| $8.36M | 0.01% |
31,627
+71
| +0.2% | +$18.8K |
|
910
Alaska Air
ALK
$7.28B
| $8.35M | 0.01% |
225,080
+7,653
| +4% | +$284K |
|
911
Huntsman Corp
HUN
$1.95B
| $8.35M | 0.01% |
342,035
-5,805
| -2% | -$142K |
|
912
Mueller Industries
MLI
$10.8B
| $8.28M | 0.01% |
220,458
+66,844
| +44% | +$2.51M |
|
913
Organon & Co
OGN
$2.7B
| $8.27M | 0.01% |
476,121
+28,417
| +6% | +$493K |
|
914
Chemours
CC
$2.34B
| $8.26M | 0.01% |
294,413
+11,729
| +4% | +$329K |
|
915
FIVE9
FIVN
$2.06B
| $8.26M | 0.01% |
128,415
+24,642
| +24% | +$1.58M |
|
916
Vornado Realty Trust
VNO
$7.93B
| $8.24M | 0.01% |
363,183
-4,381
| -1% | -$99.4K |
|
917
AXIS Capital
AXS
$7.62B
| $8.22M | 0.01% |
145,796
| – | – |
|
918
Radian Group
RDN
$4.79B
| $8.21M | 0.01% |
327,040
+30,796
| +10% | +$773K |
|
919
MasTec
MTZ
$14B
| $8.2M | 0.01% |
113,984
+3,223
| +3% | +$232K |
|
920
ESAB
ESAB
$7.15B
| $8.2M | 0.01% |
116,710
+10,535
| +10% | +$740K |
|
921
Terreno Realty
TRNO
$6.1B
| $8.17M | 0.01% |
143,836
-4,387
| -3% | -$249K |
|
922
Westlake Corp
WLK
$11.5B
| $8.11M | 0.01% |
65,036
+32,492
| +100% | +$4.05M |
|
|
AIRC
923
DELISTED
Apartment Income REIT Corp.
AIRC
| $8.1M | 0.01% |
263,764
+9,032
| +4% | +$277K |
|
924
Zions Bancorporation
ZION
$8.34B
| $8.06M | 0.01% |
230,988
-52,491
| -19% | -$1.83M |
|
925
Visteon
VC
$3.41B
| $7.99M | 0.01% |
57,901
-2,005
| -3% | -$277K |
|