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 |
Vanguard S&P 500 ETF
VOO
|
$9.2B |
| 2 |
Apple
AAPL
|
$199M |
| 3 |
NextEra Energy, Inc.
NEE
|
$180M |
| 4 |
Texas Instruments
TXN
|
$102M |
| 5 |
Costco
COST
|
$96.9M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$192M |
| 3 |
Amazon
AMZN
|
$188M |
| 4 |
Applied Materials
AMAT
|
$163M |
| 5 |
Meta Platforms (Facebook)
META
|
$142M |
Sector Composition
| 1 | Technology | 32.39% |
| 2 | Financials | 12.4% |
| 3 | Healthcare | 10.11% |
| 4 | Consumer Discretionary | 8.73% |
| 5 | Communication Services | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
901
Kite Realty
KRG
$4.99B
| $9.19M | 0.01% |
364,090
-36,037
| -9% | -$910K |
|
902
Rambus
RMBS
$7.87B
| $9.18M | 0.01% |
173,736
-10,267
| -6% | -$543K |
|
903
RH
RH
$4.14B
| $9.17M | 0.01% |
23,296
+4,031
| +21% | +$1.59M |
|
904
Knife River
KNF
$4.33B
| $9.17M | 0.01% |
90,180
-6,118
| -6% | -$622K |
|
905
Starwood Property Trust
STWD
$7.4B
| $9.14M | 0.01% |
482,310
-71,419
| -13% | -$1.35M |
|
906
Franklin Electric
FELE
$4.28B
| $9.12M | 0.01% |
93,635
-5,145
| -5% | -$501K |
|
907
Qualys
QLYS
$4.9B
| $9.12M | 0.01% |
65,066
-118,693
| -65% | -$16.6M |
|
908
Bank OZK
OZK
$5.9B
| $9.11M | 0.01% |
204,555
-13,779
| -6% | -$614K |
|
909
Watts Water Technologies
WTS
$9.15B
| $9.07M | 0.01% |
44,624
-52
| -0.1% | -$10.6K |
|
910
UiPath
PATH
$5.81B
| $9.02M | 0.01% |
709,618
-43,338
| -6% | -$551K |
|
911
Vipshop
VIPS
$8.34B
| $9.02M | 0.01% |
669,428
-38,171
| -5% | -$514K |
|
912
Bruker
BRKR
$4.41B
| $9M | 0.01% |
153,581
-16,593
| -10% | -$973K |
|
913
Oshkosh
OSK
$8.71B
| $8.96M | 0.01% |
94,194
-10,899
| -10% | -$1.04M |
|
914
Zurn Elkay Water Solutions
ZWS
$7.47B
| $8.9M | 0.01% |
238,698
-37,782
| -14% | -$1.41M |
|
915
Lumen
LUMN
$4.84B
| $8.89M | 0.01% |
1,673,977
-41,902
| -2% | -$223K |
|
916
Thor Industries
THO
$5.71B
| $8.84M | 0.01% |
92,409
-3,945
| -4% | -$378K |
|
917
Euronet Worldwide
EEFT
$3.7B
| $8.79M | 0.01% |
85,445
-4,810
| -5% | -$495K |
|
918
Timken Company
TKR
$5.23B
| $8.78M | 0.01% |
123,059
-3,543
| -3% | -$253K |
|
919
Novanta
NOVT
$4.02B
| $8.78M | 0.01% |
57,477
-5,014
| -8% | -$766K |
|
920
SiteOne Landscape Supply
SITE
$6.34B
| $8.76M | 0.01% |
66,512
+2,306
| +4% | +$304K |
|
921
United Bankshares
UBSI
$5.37B
| $8.75M | 0.01% |
233,049
-5,167
| -2% | -$194K |
|
922
Five Below
FIVE
$8.31B
| $8.74M | 0.01% |
83,278
+8,742
| +12% | +$918K |
|
923
Cognex
CGNX
$7.33B
| $8.72M | 0.01% |
243,098
+23,662
| +11% | +$849K |
|
924
Lumentum
LITE
$9.3B
| $8.68M | 0.01% |
103,381
+14,798
| +17% | +$1.24M |
|
925
Antero Midstream
AM
$8.51B
| $8.66M | 0.01% |
573,852
-28,164
| -5% | -$425K |
|