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 |
Broadcom
AVGO
|
$1.96B |
| 2 |
Costco
COST
|
$292M |
| 3 |
NVIDIA
NVDA
|
$284M |
| 4 |
Applied Materials
AMAT
|
$233M |
| 5 |
NXP Semiconductors
NXPI
|
$190M |
Top Sells
| 1 |
Tesla
TSLA
|
$1.17B |
| 2 |
Walmart
WMT
|
$198M |
| 3 |
KLA
KLAC
|
$190M |
| 4 |
Texas Instruments
TXN
|
$186M |
| 5 |
Starbucks
SBUX
|
$171M |
Sector Composition
| 1 | Technology | 33.41% |
| 2 | Financials | 12.58% |
| 3 | Healthcare | 12.38% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
GXO Logistics
GXO
$5.87B
| $10.1M | 0.01% |
194,066
-7,668
| -4% | -$399K |
|
902
Hexcel
HXL
$5.15B
| $10M | 0.01% |
162,284
+9,098
| +6% | +$563K |
|
903
Maximus
MMS
$5.04B
| $10M | 0.01% |
107,580
-12,572
| -10% | -$1.17M |
|
904
UGI
UGI
$7.36B
| $10M | 0.01% |
399,529
-3,511
| -0.9% | -$87.8K |
|
905
Zurn Elkay Water Solutions
ZWS
$7.56B
| $9.94M | 0.01% |
276,480
+3,415
| +1% | +$123K |
|
906
Whirlpool
WHR
$5.06B
| $9.91M | 0.01% |
92,623
-3,319
| -3% | -$355K |
|
907
GitLab
GTLB
$7.88B
| $9.91M | 0.01% |
192,250
+1,082
| +0.6% | +$55.8K |
|
908
Ollie's Bargain Outlet
OLLI
$7.75B
| $9.88M | 0.01% |
101,640
-15,682
| -13% | -$1.52M |
|
|
CHX
909
DELISTED
ChampionX
CHX
| $9.83M | 0.01% |
326,200
-12,448
| -4% | -$375K |
|
910
Doximity
DOCS
$12.5B
| $9.81M | 0.01% |
225,140
+25,830
| +13% | +$1.13M |
|
|
BECN
911
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $9.8M | 0.01% |
113,392
+17,939
| +19% | +$1.55M |
|
912
Cadence Bank
CADE
$6.98B
| $9.79M | 0.01% |
307,331
-7,104
| -2% | -$226K |
|
913
Masimo
MASI
$7.48B
| $9.77M | 0.01% |
73,313
-1,400
| -2% | -$187K |
|
914
Penumbra
PEN
$10.5B
| $9.75M | 0.01% |
50,198
-1,581
| -3% | -$307K |
|
915
Valvoline
VVV
$4.89B
| $9.73M | 0.01% |
232,408
+11,501
| +5% | +$481K |
|
916
Installed Building Products
IBP
$7.03B
| $9.71M | 0.01% |
39,448
+10,887
| +38% | +$2.68M |
|
917
Full Truck Alliance
YMM
$13.8B
| $9.71M | 0.01% |
1,077,963
+51,878
| +5% | +$467K |
|
918
Cytokinetics
CYTK
$5.94B
| $9.7M | 0.01% |
183,736
+3,999
| +2% | +$211K |
|
919
SiteOne Landscape Supply
SITE
$6.33B
| $9.69M | 0.01% |
64,206
-19,250
| -23% | -$2.91M |
|
920
Badger Meter
BMI
$5.33B
| $9.68M | 0.01% |
44,339
+10,237
| +30% | +$2.24M |
|
921
Dentsply Sirona
XRAY
$2.75B
| $9.68M | 0.01% |
357,575
-9,623
| -3% | -$260K |
|
922
UiPath
PATH
$5.83B
| $9.64M | 0.01% |
752,956
+71,670
| +11% | +$917K |
|
923
Matsons
MATX
$3.25B
| $9.56M | 0.01% |
67,038
-5,075
| -7% | -$724K |
|
924
Lincoln National
LNC
$8.09B
| $9.56M | 0.01% |
303,252
+19,661
| +7% | +$620K |
|
925
Westlake Corp
WLK
$11.1B
| $9.56M | 0.01% |
63,578
-4,473
| -7% | -$672K |
|