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 | |
|---|---|---|---|---|---|---|
926
SL Green Realty
SLG
$4.16B
| $8.64M | 0.01% |
127,159
+2,834
| +2% | +$192K |
|
927
Itron
ITRI
$5.53B
| $8.61M | 0.01% |
79,259
-4,523
| -5% | -$491K |
|
928
ATI
ATI
$10.5B
| $8.55M | 0.01% |
155,284
-44,304
| -22% | -$2.44M |
|
929
Ollie's Bargain Outlet
OLLI
$7.89B
| $8.53M | 0.01% |
77,757
-23,883
| -23% | -$2.62M |
|
930
Unity
U
$16.5B
| $8.53M | 0.01% |
379,489
-23,160
| -6% | -$520K |
|
931
Lincoln National
LNC
$8.21B
| $8.44M | 0.01% |
266,051
-37,201
| -12% | -$1.18M |
|
932
FNB Corp
FNB
$5.92B
| $8.44M | 0.01% |
570,713
-63,073
| -10% | -$932K |
|
933
Matsons
MATX
$3.24B
| $8.42M | 0.01% |
62,461
-4,577
| -7% | -$617K |
|
934
Alkermes
ALKS
$4.95B
| $8.33M | 0.01% |
289,799
-32,304
| -10% | -$929K |
|
935
Boyd Gaming
BYD
$6.84B
| $8.31M | 0.01% |
114,584
-7,825
| -6% | -$568K |
|
936
Independence Realty Trust
IRT
$4.12B
| $8.31M | 0.01% |
418,942
-16,476
| -4% | -$327K |
|
937
Terreno Realty
TRNO
$5.89B
| $8.31M | 0.01% |
140,535
-15,025
| -10% | -$889K |
|
938
Federal Signal
FSS
$7.42B
| $8.28M | 0.01% |
89,654
+514
| +0.6% | +$47.5K |
|
|
WBA
939
DELISTED
Walgreens Boots Alliance
WBA
| $8.27M | 0.01% |
886,346
-46,558
| -5% | -$434K |
|
940
XP
XP
$9.38B
| $8.26M | 0.01% |
697,341
-48,527
| -7% | -$575K |
|
|
SUM
941
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $8.26M | 0.01% |
163,211
+14,793
| +10% | +$749K |
|
942
Kilroy Realty
KRC
$4.93B
| $8.25M | 0.01% |
204,054
-20,380
| -9% | -$824K |
|
943
AutoNation
AN
$8.31B
| $8.18M | 0.01% |
48,156
-4,401
| -8% | -$747K |
|
944
Home BancShares
HOMB
$5.81B
| $8.18M | 0.01% |
288,977
-21,400
| -7% | -$606K |
|
945
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.86B
| $8.13M | 0.01% |
211,731
-14,571
| -6% | -$559K |
|
946
Belden
BDC
$5.03B
| $8.1M | 0.01% |
71,950
+318
| +0.4% | +$35.8K |
|
947
Exponent
EXPO
$3.63B
| $8.1M | 0.01% |
90,910
-4,842
| -5% | -$431K |
|
948
SM Energy
SM
$3.2B
| $8.08M | 0.01% |
208,462
-2,609
| -1% | -$101K |
|
|
GAP
949
The Gap, Inc.
GAP
$8.38B
| $8.05M | 0.01% |
340,764
-58,459
| -15% | -$1.38M |
|
950
e.l.f. Beauty
ELF
$7.38B
| $8.04M | 0.01% |
64,012
-8,059
| -11% | -$1.01M |
|