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 |
TE Connectivity
TEL
|
$156M |
| 2 |
Microsoft
MSFT
|
$154M |
| 3 |
Oracle
ORCL
|
$104M |
| 4 |
Apple
AAPL
|
$99.8M |
| 5 |
Texas Instruments
TXN
|
$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
$363M |
| 2 |
Accenture
ACN
|
$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$313M |
| 4 |
Charter Communications
CHTR
|
$159M |
| 5 |
Danaher
DHR
|
$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
926
Hawaiian Electric Industries
HE
$2.15B
| $8.51M | 0.01% |
235,028
-2,708
| -1% | -$98K |
|
927
Cable One
CABO
$877M
| $8.49M | 0.01% |
12,920
-9,150
| -41% | -$6.01M |
|
928
Academy Sports + Outdoors
ASO
$3.32B
| $8.45M | 0.01% |
156,358
-4,974
| -3% | -$269K |
|
929
Kanzhun
BZ
$11B
| $8.42M | 0.01% |
559,414
+311,650
| +126% | +$4.69M |
|
930
Element Solutions
ESI
$6.04B
| $8.38M | 0.01% |
436,435
-15,992
| -4% | -$307K |
|
931
GlobalFoundries
GFS
$18.3B
| $8.36M | 0.01% |
129,528
+11,937
| +10% | +$771K |
|
932
Globus Medical
GMED
$7.95B
| $8.36M | 0.01% |
140,428
-17,893
| -11% | -$1.07M |
|
|
SUM
933
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $8.34M | 0.01% |
220,287
-9,277
| -4% | -$351K |
|
934
FNB Corp
FNB
$5.89B
| $8.26M | 0.01% |
722,288
-60,178
| -8% | -$688K |
|
|
SRCL
935
DELISTED
Stericycle Inc
SRCL
| $8.26M | 0.01% |
177,831
-14,325
| -7% | -$665K |
|
936
Home BancShares
HOMB
$5.79B
| $8.23M | 0.01% |
361,134
-47,338
| -12% | -$1.08M |
|
937
Tencent Music
TME
$38.2B
| $8.2M | 0.01% |
1,111,044
-44,356
| -4% | -$327K |
|
|
JBTM
938
JBT Marel Corporation
JBTM
$7.31B
| $8.19M | 0.01% |
67,529
-8,117
| -11% | -$985K |
|
939
Fox Class B
FOX
$24.4B
| $8.19M | 0.01% |
256,680
-11,714
| -4% | -$374K |
|
940
Ashland
ASH
$2.46B
| $8.13M | 0.01% |
93,531
-13,988
| -13% | -$1.22M |
|
941
Ormat Technologies
ORA
$5.5B
| $8.09M | 0.01% |
100,529
+653
| +0.7% | +$52.5K |
|
942
First Financial Bankshares
FFIN
$5.18B
| $8.05M | 0.01% |
282,642
| – | – |
|
943
PBF Energy
PBF
$3.2B
| $8.01M | 0.01% |
195,720
+10,896
| +6% | +$446K |
|
944
Advance Auto Parts
AAP
$3.52B
| $7.98M | 0.01% |
113,497
-36,529
| -24% | -$2.57M |
|
945
NovoCure
NVCR
$1.33B
| $7.93M | 0.01% |
190,987
-6,063
| -3% | -$252K |
|
946
Macy's
M
$4.34B
| $7.92M | 0.01% |
493,537
-29,761
| -6% | -$478K |
|
947
Air Lease Corp
AL
$7.13B
| $7.92M | 0.01% |
189,203
-26,951
| -12% | -$1.13M |
|
948
Civitas Resources
CIVI
$3.22B
| $7.9M | 0.01% |
113,869
-4,778
| -4% | -$331K |
|
949
AXIS Capital
AXS
$7.65B
| $7.85M | 0.01% |
145,796
-12,720
| -8% | -$685K |
|
950
United Bankshares
UBSI
$5.37B
| $7.82M | 0.01% |
263,605
-14,190
| -5% | -$421K |
|