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 | |
|---|---|---|---|---|---|---|
926
Thor Industries
THO
$5.94B
| $8.59M | 0.01% |
107,883
-17,634
| -14% | -$1.4M |
|
927
Zions Bancorporation
ZION
$8.34B
| $8.59M | 0.01% |
286,893
-73,128
| -20% | -$2.19M |
|
928
Old National Bancorp
ONB
$8.94B
| $8.56M | 0.01% |
593,804
-22,607
| -4% | -$326K |
|
929
Advanced Energy
AEIS
$5.8B
| $8.55M | 0.01% |
87,287
-5,859
| -6% | -$574K |
|
930
Kirby Corp
KEX
$4.97B
| $8.54M | 0.01% |
122,596
-21,583
| -15% | -$1.5M |
|
931
Meritage Homes
MTH
$5.89B
| $8.54M | 0.01% |
146,236
-10,318
| -7% | -$602K |
|
932
Leggett & Platt
LEG
$1.35B
| $8.54M | 0.01% |
267,743
-51,600
| -16% | -$1.65M |
|
933
IPG Photonics
IPGP
$3.56B
| $8.53M | 0.01% |
69,190
-9,587
| -12% | -$1.18M |
|
934
EnerSys
ENS
$3.89B
| $8.51M | 0.01% |
97,954
-6,822
| -7% | -$593K |
|
935
Air Lease Corp
AL
$7.12B
| $8.51M | 0.01% |
216,154
-20,694
| -9% | -$815K |
|
936
QuidelOrtho
QDEL
$1.95B
| $8.49M | 0.01% |
95,279
-15,839
| -14% | -$1.41M |
|
937
GlobalFoundries
GFS
$18.5B
| $8.49M | 0.01% |
117,591
-10,415
| -8% | -$752K |
|
938
Ormat Technologies
ORA
$5.51B
| $8.47M | 0.01% |
99,876
-16,255
| -14% | -$1.38M |
|
939
Robinhood
HOOD
$90B
| $8.46M | 0.01% |
871,186
-167,063
| -16% | -$1.62M |
|
940
Elastic
ESTC
$9.21B
| $8.45M | 0.01% |
145,902
+5,230
| +4% | +$303K |
|
941
Frontier Communications
FYBR
$9.33B
| $8.44M | 0.01% |
370,809
+19,617
| +6% | +$447K |
|
942
Taylor Morrison
TMHC
$7.1B
| $8.41M | 0.01% |
219,788
-35,155
| -14% | -$1.35M |
|
943
Fox Class B
FOX
$24.9B
| $8.4M | 0.01% |
268,394
-63,554
| -19% | -$1.99M |
|
|
SRCL
944
DELISTED
Stericycle Inc
SRCL
| $8.38M | 0.01% |
192,156
-11,909
| -6% | -$519K |
|
|
ITCI
945
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $8.31M | 0.01% |
153,395
-27,263
| -15% | -$1.48M |
|
946
MGIC Investment
MTG
$6.55B
| $8.29M | 0.01% |
618,005
-139,883
| -18% | -$1.88M |
|
947
RH
RH
$4.7B
| $8.29M | 0.01% |
34,048
-6,201
| -15% | -$1.51M |
|
|
JBTM
948
JBT Marel Corporation
JBTM
$7.35B
| $8.27M | 0.01% |
75,646
-1,467
| -2% | -$160K |
|
949
Elanco Animal Health
ELAN
$9.16B
| $8.25M | 0.01% |
877,769
-131,634
| -13% | -$1.24M |
|
950
Valley National Bancorp
VLY
$6.01B
| $8.25M | 0.01% |
892,922
-102,541
| -10% | -$947K |
|