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 |
Meta Platforms (Facebook)
META
|
+$234M |
| 2 |
NVIDIA
NVDA
|
+$197M |
| 3 |
Costco
COST
|
+$174M |
| 4 |
Home Depot
HD
|
+$157M |
| 5 |
Airbnb
ABNB
|
+$137M |
Top Sells
| 1 |
Amazon
AMZN
|
+$432M |
| 2 |
Microsoft
MSFT
|
+$271M |
| 3 |
Merck
MRK
|
+$261M |
| 4 |
Walt Disney
DIS
|
+$232M |
| 5 |
Texas Instruments
TXN
|
+$201M |
Sector Composition
| 1 | Technology | 31% |
| 2 | Healthcare | 13.61% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
976
Lazard
LAZ
$5.3B
| $7.83M | 0.01% |
187,044
+2,718
| +1% | +$114K |
|
977
Knife River
KNF
$4.47B
| $7.8M | 0.01% |
96,177
+5,221
| +6% | +$423K |
|
978
TAL Education Group
TAL
$6.47B
| $7.78M | 0.01% |
685,532
-95,585
| -12% | -$1.08M |
|
979
VF Corp
VFC
$5.95B
| $7.78M | 0.01% |
507,015
-28,896
| -5% | -$443K |
|
980
Workiva
WK
$4.56B
| $7.75M | 0.01% |
91,374
+2,501
| +3% | +$212K |
|
981
Huntsman Corp
HUN
$1.95B
| $7.72M | 0.01% |
296,510
-9,399
| -3% | -$245K |
|
982
Credit Acceptance
CACC
$5.77B
| $7.68M | 0.01% |
13,922
-1,103
| -7% | -$608K |
|
983
FIVE9
FIVN
$2.04B
| $7.66M | 0.01% |
123,333
-1,975
| -2% | -$123K |
|
984
First Financial Bankshares
FFIN
$5.13B
| $7.64M | 0.01% |
232,984
+8,946
| +4% | +$294K |
|
985
Coty
COTY
$3.71B
| $7.64M | 0.01% |
638,431
-18,635
| -3% | -$223K |
|
986
Lantheus
LNTH
$3.65B
| $7.61M | 0.01% |
122,221
+1,496
| +1% | +$93.1K |
|
|
JBTM
987
JBT Marel Corporation
JBTM
$7.37B
| $7.59M | 0.01% |
72,323
-466
| -0.6% | -$48.9K |
|
988
Herc Holdings
HRI
$4.59B
| $7.52M | 0.01% |
44,688
+3,830
| +9% | +$645K |
|
989
Itron
ITRI
$5.49B
| $7.52M | 0.01% |
81,268
-7,317
| -8% | -$677K |
|
990
Alaska Air
ALK
$7.18B
| $7.5M | 0.01% |
174,555
-38,822
| -18% | -$1.67M |
|
991
PotlatchDeltic
PCH
$3.22B
| $7.44M | 0.01% |
158,140
| – | – |
|
992
Avient
AVNT
$3.47B
| $7.41M | 0.01% |
170,832
+3,804
| +2% | +$165K |
|
993
Hillenbrand
HI
$1.81B
| $7.41M | 0.01% |
147,312
+3,178
| +2% | +$160K |
|
994
DXC Technology
DXC
$2.62B
| $7.38M | 0.01% |
348,175
-26,307
| -7% | -$558K |
|
995
CRISPR Therapeutics
CRSP
$4.88B
| $7.34M | 0.01% |
107,729
| – | – |
|
996
Power Integrations
POWI
$2.52B
| $7.27M | 0.01% |
101,543
-2,892
| -3% | -$207K |
|
997
Choice Hotels
CHH
$5.31B
| $7.26M | 0.01% |
57,451
-1,995
| -3% | -$252K |
|
998
Glaukos
GKOS
$5.21B
| $7.24M | 0.01% |
76,804
| – | – |
|
999
Marathon Digital Holdings
MARA
$5.9B
| $7.23M | 0.01% |
+320,251
| New | +$7.23M |
|
1000
FTAI Aviation
FTAI
$17B
| $7.22M | 0.01% |
+107,343
| New | +$7.22M |
|