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 |
Alphabet (Google) Class A
GOOGL
|
+$200M |
| 2 |
Apple
AAPL
|
+$164M |
| 3 |
Accenture
ACN
|
+$133M |
| 4 |
KLA
KLAC
|
+$115M |
| 5 |
Autodesk
ADSK
|
+$114M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$1.72B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
+$505M |
| 3 |
Costco
COST
|
+$422M |
| 4 |
Home Depot
HD
|
+$348M |
| 5 |
Bank of America
BAC
|
+$259M |
Sector Composition
| 1 | Technology | 33.69% |
| 2 | Healthcare | 12.79% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 9.4% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
GATX Corp
GATX
$5.99B
| $9.22M | 0.01% |
69,632
-3,120
| -4% | -$413K |
|
902
Thor Industries
THO
$5.92B
| $9.17M | 0.01% |
98,111
+765
| +0.8% | +$71.5K |
|
903
Assured Guaranty
AGO
$3.9B
| $9.16M | 0.01% |
118,691
+1,954
| +2% | +$151K |
|
904
Dentsply Sirona
XRAY
$2.77B
| $9.15M | 0.01% |
367,198
-15,598
| -4% | -$389K |
|
905
Aaon
AAON
$6.59B
| $9.13M | 0.01% |
104,662
+8,425
| +9% | +$735K |
|
906
Lyft
LYFT
$7.63B
| $9.11M | 0.01% |
645,793
+162,975
| +34% | +$2.3M |
|
|
BPMC
907
DELISTED
Blueprint Medicines
BPMC
| $9.04M | 0.01% |
83,904
-4,821
| -5% | -$520K |
|
|
GAP
908
The Gap, Inc.
GAP
$8.94B
| $9.02M | 0.01% |
377,411
+31,266
| +9% | +$747K |
|
909
Vipshop
VIPS
$8.72B
| $9.01M | 0.01% |
691,983
+89,865
| +15% | +$1.17M |
|
910
Invesco
IVZ
$9.81B
| $9M | 0.01% |
601,788
-32,008
| -5% | -$479K |
|
911
Ashland
ASH
$2.49B
| $9M | 0.01% |
95,231
+6,948
| +8% | +$657K |
|
912
Vornado Realty Trust
VNO
$7.81B
| $8.99M | 0.01% |
342,051
+21,835
| +7% | +$574K |
|
913
Old National Bancorp
ONB
$8.74B
| $8.98M | 0.01% |
522,561
+15,163
| +3% | +$261K |
|
914
FormFactor
FORM
$2.28B
| $8.98M | 0.01% |
148,400
-1,730
| -1% | -$105K |
|
915
Air Lease Corp
AL
$7.12B
| $8.97M | 0.01% |
188,820
-4,929
| -3% | -$234K |
|
916
Sonoco
SON
$4.55B
| $8.91M | 0.01% |
175,626
-3,179
| -2% | -$161K |
|
917
Cadence Bank
CADE
$7.04B
| $8.89M | 0.01% |
314,435
-20,805
| -6% | -$588K |
|
918
Bank OZK
OZK
$5.86B
| $8.84M | 0.01% |
215,675
+3,875
| +2% | +$159K |
|
919
Lincoln National
LNC
$7.9B
| $8.82M | 0.01% |
283,591
-7,130
| -2% | -$222K |
|
920
Glaukos
GKOS
$5.21B
| $8.77M | 0.01% |
74,081
-2,723
| -4% | -$322K |
|
921
SLM Corp
SLM
$6.35B
| $8.75M | 0.01% |
420,709
+986
| +0.2% | +$20.5K |
|
922
Alaska Air
ALK
$7.18B
| $8.71M | 0.01% |
215,611
+41,056
| +24% | +$1.66M |
|
923
EXL Service
EXLS
$7.14B
| $8.7M | 0.01% |
277,361
-9,606
| -3% | -$301K |
|
924
Organon & Co
OGN
$2.7B
| $8.69M | 0.01% |
419,986
-39,174
| -9% | -$811K |
|
925
FNB Corp
FNB
$5.88B
| $8.69M | 0.01% |
635,067
-57,355
| -8% | -$785K |
|