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 |
Arista Networks
ANET
|
$158M |
| 5 |
Lam Research
LRCX
|
$138M |
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 | |
|---|---|---|---|---|---|---|
951
Lyft
LYFT
$6.97B
| $8.02M | 0.01% |
621,737
-39,461
| -6% | -$509K |
|
952
Hancock Whitney
HWC
$5.28B
| $8.02M | 0.01% |
146,532
+635
| +0.4% | +$34.7K |
|
953
Sonoco
SON
$4.61B
| $8M | 0.01% |
163,704
-7,830
| -5% | -$382K |
|
|
CHX
954
DELISTED
ChampionX
CHX
| $7.93M | 0.01% |
291,795
-34,405
| -11% | -$935K |
|
955
Confluent
CFLT
$6.61B
| $7.87M | 0.01% |
281,463
-33,599
| -11% | -$939K |
|
956
Brunswick
BC
$4.15B
| $7.82M | 0.01% |
120,966
-8,583
| -7% | -$555K |
|
957
GitLab
GTLB
$7.88B
| $7.82M | 0.01% |
138,748
-53,502
| -28% | -$3.01M |
|
958
Brink's
BCO
$4.72B
| $7.79M | 0.01% |
84,004
-8,815
| -9% | -$818K |
|
959
First Financial Bankshares
FFIN
$5.22B
| $7.78M | 0.01% |
215,877
-7,372
| -3% | -$266K |
|
960
GATX Corp
GATX
$5.99B
| $7.69M | 0.01% |
49,598
-9,860
| -17% | -$1.53M |
|
961
Cousins Properties
CUZ
$4.89B
| $7.68M | 0.01% |
250,705
-23,251
| -8% | -$712K |
|
962
Boise Cascade
BCC
$3.2B
| $7.68M | 0.01% |
64,601
-1,943
| -3% | -$231K |
|
963
Macy's
M
$3.66B
| $7.66M | 0.01% |
452,354
-31,151
| -6% | -$527K |
|
964
Frontdoor
FTDR
$4.51B
| $7.65M | 0.01% |
139,994
-10,166
| -7% | -$556K |
|
965
Hamilton Lane
HLNE
$6.55B
| $7.63M | 0.01% |
51,510
+11,649
| +29% | +$1.72M |
|
966
Rayonier
RYN
$3.98B
| $7.61M | 0.01% |
291,682
-23,522
| -7% | -$614K |
|
967
Murphy Oil
MUR
$3.7B
| $7.6M | 0.01% |
251,276
-13,026
| -5% | -$394K |
|
968
Columbia Banking Systems
COLB
$5.68B
| $7.57M | 0.01% |
280,312
-5,613
| -2% | -$152K |
|
969
Maximus
MMS
$5.04B
| $7.5M | 0.01% |
100,433
-7,147
| -7% | -$534K |
|
970
Civitas Resources
CIVI
$3.46B
| $7.48M | 0.01% |
163,161
-633
| -0.4% | -$29K |
|
971
Phillips Edison & Co
PECO
$4.41B
| $7.41M | 0.01% |
197,701
-1,409
| -0.7% | -$52.8K |
|
972
Magnolia Oil & Gas
MGY
$4.68B
| $7.3M | ﹤0.01% |
312,081
-9,622
| -3% | -$225K |
|
973
Cleveland-Cliffs
CLF
$5.17B
| $7.27M | ﹤0.01% |
773,515
-30,036
| -4% | -$282K |
|
974
MDU Resources
MDU
$3.33B
| $7.25M | ﹤0.01% |
402,451
+31,436
| +8% | +$566K |
|
975
Kemper
KMPR
$3.41B
| $7.22M | ﹤0.01% |
108,703
+5,082
| +5% | +$338K |
|