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 | |
|---|---|---|---|---|---|---|
976
Wolfspeed
WOLF
$196M
| $6.98M | 0.01% |
183,080
+4,553
| +3% | +$173K |
|
977
Marriott Vacations Worldwide
VAC
$2.73B
| $6.95M | 0.01% |
69,110
-2,587
| -4% | -$260K |
|
978
Penske Automotive Group
PAG
$12.4B
| $6.93M | 0.01% |
41,461
+16,633
| +67% | +$2.78M |
|
979
Affirm
AFRM
$28.4B
| $6.92M | 0.01% |
325,313
+19,159
| +6% | +$408K |
|
980
QuidelOrtho
QDEL
$1.95B
| $6.92M | 0.01% |
94,696
+1,343
| +1% | +$98.1K |
|
981
Credit Acceptance
CACC
$5.87B
| $6.91M | 0.01% |
15,025
-57
| -0.4% | -$26.2K |
|
982
Avis
CAR
$5.5B
| $6.9M | 0.01% |
38,412
-1,839
| -5% | -$330K |
|
983
LCI Industries
LCII
$2.57B
| $6.9M | 0.01% |
58,776
+1,708
| +3% | +$201K |
|
984
Frontier Communications
FYBR
$9.33B
| $6.87M | 0.01% |
438,889
+68,080
| +18% | +$1.07M |
|
985
Louisiana-Pacific
LPX
$6.9B
| $6.82M | 0.01% |
123,413
-5,234
| -4% | -$289K |
|
986
Natera
NTRA
$23.1B
| $6.81M | 0.01% |
153,996
-30,031
| -16% | -$1.33M |
|
987
AMN Healthcare
AMN
$799M
| $6.81M | 0.01% |
79,966
-2,129
| -3% | -$181K |
|
988
Fox Class B
FOX
$24.9B
| $6.8M | 0.01% |
235,459
-21,221
| -8% | -$613K |
|
989
Adient
ADNT
$2B
| $6.79M | 0.01% |
184,939
| – | – |
|
990
Brighthouse Financial
BHF
$2.48B
| $6.77M | 0.01% |
138,313
+1,766
| +1% | +$86.4K |
|
991
Watts Water Technologies
WTS
$9.35B
| $6.75M | 0.01% |
39,060
+555
| +1% | +$95.9K |
|
992
Strategy Inc Common Stock Class A
MSTR
$95.2B
| $6.74M | 0.01% |
205,190
+48,710
| +31% | +$1.6M |
|
993
Matsons
MATX
$3.36B
| $6.73M | 0.01% |
75,904
-2,109
| -3% | -$187K |
|
994
Sabra Healthcare REIT
SBRA
$4.56B
| $6.72M | 0.01% |
482,004
| – | – |
|
995
IPG Photonics
IPGP
$3.56B
| $6.7M | 0.01% |
66,006
-76,690
| -54% | -$7.79M |
|
|
AEL
996
DELISTED
American Equity Investment Life Holding Company
AEL
| $6.7M | 0.01% |
+124,881
| New | +$6.7M |
|
997
Cousins Properties
CUZ
$4.95B
| $6.7M | 0.01% |
328,800
+38,937
| +13% | +$793K |
|
998
Noble Corp
NE
$4.54B
| $6.68M | 0.01% |
+131,867
| New | +$6.68M |
|
999
Ormat Technologies
ORA
$5.51B
| $6.65M | 0.01% |
95,166
-5,363
| -5% | -$375K |
|
1000
Synaptics
SYNA
$2.7B
| $6.64M | 0.01% |
74,207
+2,217
| +3% | +$198K |
|