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
|
$584M |
| 2 |
Tesla
TSLA
|
$574M |
| 3 |
Microsoft
MSFT
|
$567M |
| 4 |
Apple
AAPL
|
$290M |
| 5 |
Chevron
CVX
|
$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
$114M |
| 3 |
Verizon
VZ
|
$113M |
| 4 |
Oracle
ORCL
|
$106M |
| 5 |
Mastercard
MA
|
$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
951
Verint Systems
VRNT
$1.23B
| $7.37M | 0.01% |
320,663
+20,981
| +7% | +$482K |
|
952
PotlatchDeltic
PCH
$3.31B
| $7.36M | 0.01% |
162,259
-1,877
| -1% | -$85.2K |
|
953
Ashland
ASH
$2.51B
| $7.36M | 0.01% |
90,094
-3,437
| -4% | -$281K |
|
954
Agilon Health
AGL
$497M
| $7.35M | 0.01% |
413,987
+89,728
| +28% | +$1.59M |
|
|
JBTM
955
JBT Marel Corporation
JBTM
$7.35B
| $7.33M | 0.01% |
69,718
+2,189
| +3% | +$230K |
|
956
Columbia Banking Systems
COLB
$8.05B
| $7.33M | 0.01% |
360,884
+40,028
| +12% | +$813K |
|
|
ITCI
957
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $7.32M | 0.01% |
140,440
| – | – |
|
958
Masimo
MASI
$8B
| $7.3M | 0.01% |
83,295
-9,576
| -10% | -$840K |
|
959
TAL Education Group
TAL
$6.17B
| $7.3M | 0.01% |
801,288
+11,518
| +1% | +$105K |
|
960
Wayfair
W
$11.6B
| $7.28M | 0.01% |
120,236
+3,731
| +3% | +$226K |
|
961
Envista
NVST
$3.54B
| $7.28M | 0.01% |
261,162
+9,289
| +4% | +$259K |
|
962
Tencent Music
TME
$37.7B
| $7.26M | 0.01% |
1,137,796
+26,752
| +2% | +$171K |
|
963
Kilroy Realty
KRC
$5.05B
| $7.25M | 0.01% |
229,329
+7,231
| +3% | +$229K |
|
964
Champion Homes, Inc.
SKY
$4.43B
| $7.18M | 0.01% |
112,673
-1,005
| -0.9% | -$64K |
|
965
Coty
COTY
$3.81B
| $7.17M | 0.01% |
653,920
+206,193
| +46% | +$2.26M |
|
966
MDU Resources
MDU
$3.31B
| $7.16M | 0.01% |
660,316
+26,456
| +4% | +$287K |
|
|
SUM
967
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $7.15M | 0.01% |
229,564
+9,277
| +4% | +$289K |
|
968
United Bankshares
UBSI
$5.42B
| $7.14M | 0.01% |
258,676
-4,929
| -2% | -$136K |
|
969
Silicon Laboratories
SLAB
$4.45B
| $7.13M | 0.01% |
61,502
| – | – |
|
970
Euronet Worldwide
EEFT
$3.74B
| $7.11M | 0.01% |
89,530
-72
| -0.1% | -$5.72K |
|
971
Blackstone Mortgage Trust
BXMT
$3.45B
| $7.1M | 0.01% |
326,444
+16,065
| +5% | +$349K |
|
|
AZEK
972
DELISTED
The AZEK Co
AZEK
| $7.09M | 0.01% |
238,561
+40,996
| +21% | +$1.22M |
|
973
Valley National Bancorp
VLY
$6.01B
| $7.01M | 0.01% |
819,077
-60,103
| -7% | -$514K |
|
974
Janus Henderson
JHG
$6.91B
| $7.01M | 0.01% |
271,329
-2,427
| -0.9% | -$62.7K |
|
975
Apellis Pharmaceuticals
APLS
$3.55B
| $6.99M | 0.01% |
183,844
+1,656
| +0.9% | +$63K |
|