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 |
Broadcom
AVGO
|
$1.96B |
| 2 |
Costco
COST
|
$292M |
| 3 |
NVIDIA
NVDA
|
$284M |
| 4 |
Applied Materials
AMAT
|
$233M |
| 5 |
NXP Semiconductors
NXPI
|
$190M |
Top Sells
| 1 |
Tesla
TSLA
|
$1.17B |
| 2 |
Walmart
WMT
|
$198M |
| 3 |
KLA
KLAC
|
$190M |
| 4 |
Texas Instruments
TXN
|
$186M |
| 5 |
Starbucks
SBUX
|
$171M |
Sector Composition
| 1 | Technology | 33.41% |
| 2 | Financials | 12.58% |
| 3 | Healthcare | 12.38% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
951
Murphy Oil
MUR
$3.67B
| $8.92M | 0.01% |
264,302
+8,357
| +3% | +$282K |
|
952
BILL Holdings
BILL
$4.72B
| $8.89M | 0.01% |
168,590
+27,804
| +20% | +$1.47M |
|
953
Cognex
CGNX
$7.32B
| $8.89M | 0.01% |
219,436
-11,916
| -5% | -$483K |
|
954
United Bankshares
UBSI
$5.35B
| $8.84M | 0.01% |
238,216
-13,268
| -5% | -$492K |
|
955
Organon & Co
OGN
$2.43B
| $8.81M | 0.01% |
460,458
+40,472
| +10% | +$774K |
|
|
GAP
956
The Gap, Inc.
GAP
$8.33B
| $8.8M | 0.01% |
399,223
+21,812
| +6% | +$481K |
|
957
Kyndryl
KD
$7.15B
| $8.74M | 0.01% |
380,502
-3,150
| -0.8% | -$72.4K |
|
958
Kilroy Realty
KRC
$4.85B
| $8.69M | 0.01% |
224,434
-12,528
| -5% | -$485K |
|
959
Liberty Global Class A
LBTYA
$3.93B
| $8.66M | 0.01% |
410,259
-129,524
| -24% | -$2.73M |
|
960
SL Green Realty
SLG
$3.99B
| $8.65M | 0.01% |
124,325
+2,400
| +2% | +$167K |
|
961
Knife River
KNF
$4.48B
| $8.61M | 0.01% |
96,298
+20
| +0% | +$1.79K |
|
962
Transmedics
TMDX
$3.77B
| $8.55M | 0.01% |
+54,447
| New | +$8.55M |
|
963
IAC Inc
IAC
$2.88B
| $8.52M | 0.01% |
158,291
+38,682
| +32% | +$2.08M |
|
964
Ionis Pharmaceuticals
IONS
$9B
| $8.48M | 0.01% |
211,756
+15,272
| +8% | +$612K |
|
965
Q2 Holdings
QTWO
$4.77B
| $8.46M | 0.01% |
106,065
+1,043
| +1% | +$83.2K |
|
966
Ashland
ASH
$2.51B
| $8.45M | 0.01% |
97,215
+1,984
| +2% | +$173K |
|
967
SM Energy
SM
$3.34B
| $8.44M | 0.01% |
211,071
-15,155
| -7% | -$606K |
|
968
Lyft
LYFT
$6.78B
| $8.43M | 0.01% |
661,198
+15,405
| +2% | +$196K |
|
969
Home BancShares
HOMB
$5.78B
| $8.41M | 0.01% |
310,377
+16,708
| +6% | +$453K |
|
970
Belden
BDC
$5.02B
| $8.39M | 0.01% |
71,632
+5,377
| +8% | +$630K |
|
971
Harley-Davidson
HOG
$3.56B
| $8.36M | 0.01% |
217,071
-3,418
| -2% | -$132K |
|
|
WBA
972
DELISTED
Walgreens Boots Alliance
WBA
| $8.36M | 0.01% |
932,904
-42,190
| -4% | -$378K |
|
973
Noble Corp
NE
$4.57B
| $8.35M | 0.01% |
231,110
+43,678
| +23% | +$1.58M |
|
974
Federal Signal
FSS
$7.42B
| $8.33M | 0.01% |
89,140
+32,298
| +57% | +$3.02M |
|
975
Civitas Resources
CIVI
$3.42B
| $8.3M | 0.01% |
163,794
+14,516
| +10% | +$736K |
|