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 |
Texas Instruments
TXN
|
$139M |
| 2 |
IBM
IBM
|
$71.2M |
| 3 |
Tesla
TSLA
|
$63.6M |
| 4 |
McKesson
MCK
|
$58.3M |
| 5 |
GE HealthCare
GEHC
|
$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
$1.15B |
| 2 |
Microsoft
MSFT
|
$401M |
| 3 |
Amazon
AMZN
|
$354M |
| 4 |
NVIDIA
NVDA
|
$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
976
Cabot Corp
CBT
$4.31B
| $7.53M | 0.01% |
98,249
+468
| +0.5% | +$35.9K |
|
977
Kilroy Realty
KRC
$5.05B
| $7.52M | 0.01% |
232,062
-51,674
| -18% | -$1.67M |
|
978
Lumentum
LITE
$10.4B
| $7.47M | 0.01% |
138,338
-15,256
| -10% | -$824K |
|
979
Avient
AVNT
$3.45B
| $7.41M | 0.01% |
180,136
-34,987
| -16% | -$1.44M |
|
980
Signet Jewelers
SIG
$3.85B
| $7.39M | 0.01% |
95,024
-9,652
| -9% | -$751K |
|
981
National Storage Affiliates Trust
NSA
$2.56B
| $7.29M | 0.01% |
174,397
-32,894
| -16% | -$1.37M |
|
982
Sensient Technologies
SXT
$4.79B
| $7.27M | 0.01% |
95,019
-4,306
| -4% | -$330K |
|
983
Unifirst Corp
UNF
$3.3B
| $7.2M | 0.01% |
40,830
+2,109
| +5% | +$372K |
|
984
AMN Healthcare
AMN
$799M
| $7.11M | 0.01% |
85,687
-18,630
| -18% | -$1.55M |
|
985
Ollie's Bargain Outlet
OLLI
$8.18B
| $7.09M | 0.01% |
122,359
-16,320
| -12% | -$946K |
|
986
Columbia Banking Systems
COLB
$8.05B
| $7.07M | 0.01% |
+330,105
| New | +$7.07M |
|
987
Brink's
BCO
$4.78B
| $7.04M | 0.01% |
105,422
-6,155
| -6% | -$411K |
|
988
Radian Group
RDN
$4.79B
| $7.01M | 0.01% |
317,174
-112,093
| -26% | -$2.48M |
|
989
Kemper
KMPR
$3.39B
| $6.99M | 0.01% |
127,818
-19,525
| -13% | -$1.07M |
|
|
DEN
990
DELISTED
Denbury Inc.
DEN
| $6.91M | 0.01% |
78,880
+4,659
| +6% | +$408K |
|
991
On Holding
ONON
$14.9B
| $6.91M | 0.01% |
+222,663
| New | +$6.91M |
|
992
Toast
TOST
$24B
| $6.86M | 0.01% |
386,698
-43,214
| -10% | -$767K |
|
993
Vertiv
VRT
$47.4B
| $6.86M | 0.01% |
479,269
-104,317
| -18% | -$1.49M |
|
994
Lucid Motors
LCID
$5.66B
| $6.85M | 0.01% |
85,197
-11,826
| -12% | -$951K |
|
995
Western Alliance Bancorporation
WAL
$10B
| $6.8M | 0.01% |
191,243
-47,229
| -20% | -$1.68M |
|
996
Brighthouse Financial
BHF
$2.48B
| $6.74M | 0.01% |
152,912
-24,779
| -14% | -$1.09M |
|
|
NEWR
997
DELISTED
New Relic, Inc.
NEWR
| $6.74M | 0.01% |
89,466
-8,797
| -9% | -$662K |
|
998
Sunrun
RUN
$4.19B
| $6.74M | 0.01% |
334,278
-44,401
| -12% | -$895K |
|
999
Hillenbrand
HI
$1.85B
| $6.7M | 0.01% |
140,867
-46,592
| -25% | -$2.21M |
|
1000
Howard Hughes
HHH
$4.69B
| $6.68M | 0.01% |
87,533
-11,561
| -12% | -$882K |
|