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 |
Apple
AAPL
|
$1.04B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$530M |
| 3 |
Microsoft
MSFT
|
$397M |
| 4 |
JPMorgan Chase
JPM
|
$226M |
| 5 |
Amazon
AMZN
|
$179M |
Top Sells
| 1 |
Walmart
WMT
|
$274M |
| 2 |
Eli Lilly
LLY
|
$164M |
| 3 |
NextEra Energy, Inc.
NEE
|
$159M |
| 4 |
Cisco
CSCO
|
$115M |
| 5 |
Accenture
ACN
|
$111M |
Sector Composition
| 1 | Technology | 22.76% |
| 2 | Healthcare | 16.97% |
| 3 | Financials | 12.96% |
| 4 | Consumer Staples | 8.85% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
976
Lumentum
LITE
$10.4B
| $8.01M | 0.01% |
153,594
-11,652
| -7% | -$608K |
|
977
Hillenbrand
HI
$1.85B
| $8M | 0.01% |
187,459
| – | – |
|
978
Advanced Energy
AEIS
$5.8B
| $7.99M | 0.01% |
93,146
-953
| -1% | -$81.7K |
|
979
Vertiv
VRT
$47.4B
| $7.97M | 0.01% |
583,586
-106,871
| -15% | -$1.46M |
|
980
Community Bank
CBU
$3.17B
| $7.94M | 0.01% |
126,197
-442
| -0.3% | -$27.8K |
|
981
Workiva
WK
$4.48B
| $7.93M | 0.01% |
94,466
| – | – |
|
982
Asbury Automotive
ABG
$5.06B
| $7.91M | 0.01% |
44,156
+1,263
| +3% | +$226K |
|
983
Lazard
LAZ
$5.32B
| $7.91M | 0.01% |
228,178
+4,617
| +2% | +$160K |
|
984
Option Care Health
OPCH
$4.72B
| $7.9M | 0.01% |
262,651
+21,121
| +9% | +$636K |
|
985
WIX.com
WIX
$8.52B
| $7.88M | 0.01% |
102,509
-9,114
| -8% | -$700K |
|
986
EXL Service
EXLS
$7.26B
| $7.84M | 0.01% |
231,350
+65,680
| +40% | +$2.23M |
|
987
APi Group
APG
$14.5B
| $7.82M | 0.01% |
623,826
+9,268
| +2% | +$116K |
|
|
DISH
988
DELISTED
DISH Network Corp.
DISH
| $7.81M | 0.01% |
556,255
-13,509
| -2% | -$190K |
|
989
Teradata
TDC
$1.99B
| $7.8M | 0.01% |
231,722
-13,671
| -6% | -$460K |
|
990
Toast
TOST
$24B
| $7.75M | 0.01% |
429,912
-21,906
| -5% | -$395K |
|
991
Taylor Morrison
TMHC
$7.1B
| $7.74M | 0.01% |
254,943
-10,946
| -4% | -$332K |
|
992
EnerSys
ENS
$3.89B
| $7.74M | 0.01% |
104,776
+994
| +1% | +$73.4K |
|
993
XPO
XPO
$15.4B
| $7.7M | 0.01% |
231,343
-172,656
| -43% | -$5.75M |
|
994
Cytokinetics
CYTK
$6.34B
| $7.59M | 0.01% |
165,681
+19,758
| +14% | +$905K |
|
995
Lantheus
LNTH
$3.72B
| $7.56M | 0.01% |
148,331
+24,703
| +20% | +$1.26M |
|
996
Adient
ADNT
$2B
| $7.55M | 0.01% |
217,773
-1,282
| -0.6% | -$44.5K |
|
997
Hilton Grand Vacations
HGV
$4.15B
| $7.5M | 0.01% |
194,681
-5,041
| -3% | -$194K |
|
998
National Storage Affiliates Trust
NSA
$2.56B
| $7.49M | 0.01% |
207,291
-4,374
| -2% | -$158K |
|
999
Unifirst Corp
UNF
$3.3B
| $7.47M | 0.01% |
38,721
+2,569
| +7% | +$496K |
|
1000
IPG Photonics
IPGP
$3.56B
| $7.46M | 0.01% |
78,777
-806
| -1% | -$76.3K |
|