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 |
NVIDIA
NVDA
|
+$894M |
| 2 |
UnitedHealth
UNH
|
+$430M |
| 3 |
Intel
INTC
|
+$409M |
| 4 |
Amazon
AMZN
|
+$352M |
| 5 |
Broadcom
AVGO
|
+$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$415M |
| 2 |
Microsoft
MSFT
|
+$275M |
| 3 |
VMW
VMware, Inc
VMW
|
+$221M |
| 4 |
JPMorgan Chase
JPM
|
+$146M |
| 5 |
Verizon
VZ
|
+$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
926
SM Energy
SM
$3.07B
| $8.62M | 0.01% |
222,674
-19,291
| -8% | -$747K |
|
927
RH
RH
$4.51B
| $8.62M | 0.01% |
29,565
-2,062
| -7% | -$601K |
|
928
Glacier Bancorp
GBCI
$5.88B
| $8.6M | 0.01% |
208,200
-10,211
| -5% | -$422K |
|
|
SUM
929
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $8.58M | 0.01% |
223,101
-6,463
| -3% | -$249K |
|
930
Home BancShares
HOMB
$5.88B
| $8.58M | 0.01% |
338,581
-26,134
| -7% | -$662K |
|
931
Power Integrations
POWI
$2.52B
| $8.58M | 0.01% |
104,435
-7,038
| -6% | -$578K |
|
932
MasTec
MTZ
$13.9B
| $8.57M | 0.01% |
113,208
-776
| -0.7% | -$58.8K |
|
933
Chemours
CC
$2.43B
| $8.57M | 0.01% |
271,766
-22,647
| -8% | -$714K |
|
934
DXC Technology
DXC
$2.65B
| $8.56M | 0.01% |
374,482
-36,781
| -9% | -$841K |
|
935
Axcelis
ACLS
$2.57B
| $8.53M | 0.01% |
65,797
+2,348
| +4% | +$305K |
|
936
Old National Bancorp
ONB
$8.96B
| $8.52M | 0.01% |
504,227
-24,655
| -5% | -$416K |
|
937
EXL Service
EXLS
$7.26B
| $8.47M | 0.01% |
274,616
+950
| +0.3% | +$29.3K |
|
938
Alcoa
AA
$8.3B
| $8.4M | 0.01% |
247,045
-11,369
| -4% | -$387K |
|
939
Academy Sports + Outdoors
ASO
$3.36B
| $8.39M | 0.01% |
127,150
-12,136
| -9% | -$801K |
|
940
Watts Water Technologies
WTS
$9.47B
| $8.39M | 0.01% |
40,271
+1,211
| +3% | +$252K |
|
941
Alaska Air
ALK
$7.34B
| $8.34M | 0.01% |
213,377
-11,703
| -5% | -$457K |
|
942
Kyndryl
KD
$7.66B
| $8.31M | 0.01% |
399,974
-29,455
| -7% | -$612K |
|
|
LSXMK
943
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $8.3M | 0.01% |
288,545
-25,407
| -8% | -$731K |
|
944
Armstrong World Industries
AWI
$8.52B
| $8.28M | 0.01% |
84,260
+282
| +0.3% | +$27.7K |
|
945
Matsons
MATX
$3.36B
| $8.28M | 0.01% |
75,519
-385
| -0.5% | -$42.2K |
|
946
Air Lease Corp
AL
$7.12B
| $8.27M | 0.01% |
197,196
+328
| +0.2% | +$13.8K |
|
947
Inspire Medical Systems
INSP
$2.47B
| $8.21M | 0.01% |
40,337
-12,240
| -23% | -$2.49M |
|
948
Chart Industries
GTLS
$8.96B
| $8.2M | 0.01% |
60,159
-2,332
| -4% | -$318K |
|
949
Full Truck Alliance
YMM
$13.8B
| $8.2M | 0.01% |
1,169,544
-30,301
| -3% | -$212K |
|
950
DoubleVerify
DV
$2.53B
| $8.18M | 0.01% |
222,351
+44,106
| +25% | +$1.62M |
|