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 |
Alphabet (Google) Class A
GOOGL
|
$200M |
| 2 |
Apple
AAPL
|
$164M |
| 3 |
Accenture
ACN
|
$133M |
| 4 |
KLA
KLAC
|
$115M |
| 5 |
Autodesk
ADSK
|
$114M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$1.72B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$505M |
| 3 |
Costco
COST
|
$422M |
| 4 |
Home Depot
HD
|
$348M |
| 5 |
Bank of America
BAC
|
$259M |
Sector Composition
| 1 | Technology | 33.69% |
| 2 | Healthcare | 12.79% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 9.4% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
976
First Financial Bankshares
FFIN
$5.22B
| $7.1M | 0.01% |
240,303
+7,319
| +3% | +$216K |
|
977
Antero Midstream
AM
$8.73B
| $7.1M | 0.01% |
481,388
+70,945
| +17% | +$1.05M |
|
978
Home BancShares
HOMB
$5.88B
| $7.04M | 0.01% |
293,669
-38,691
| -12% | -$927K |
|
979
Hancock Whitney
HWC
$5.32B
| $7.03M | 0.01% |
146,885
+7,230
| +5% | +$346K |
|
980
Avient
AVNT
$3.45B
| $6.99M | 0.01% |
160,115
-10,717
| -6% | -$468K |
|
981
Boyd Gaming
BYD
$6.93B
| $6.91M | 0.01% |
125,367
-8,841
| -7% | -$487K |
|
982
SL Green Realty
SLG
$4.4B
| $6.91M | 0.01% |
121,925
+6,928
| +6% | +$392K |
|
983
Signet Jewelers
SIG
$3.85B
| $6.85M | 0.01% |
76,521
-4,940
| -6% | -$443K |
|
984
TriNet
TNET
$3.43B
| $6.84M | 0.01% |
68,415
-6,416
| -9% | -$642K |
|
985
Knife River
KNF
$4.55B
| $6.75M | 0.01% |
96,278
+101
| +0.1% | +$7.08K |
|
986
Phillips Edison & Co
PECO
$4.54B
| $6.67M | ﹤0.01% |
203,924
+14,924
| +8% | +$488K |
|
987
Apellis Pharmaceuticals
APLS
$3.55B
| $6.66M | ﹤0.01% |
173,574
+27,741
| +19% | +$1.06M |
|
988
Huntsman Corp
HUN
$1.95B
| $6.65M | ﹤0.01% |
292,111
-4,399
| -1% | -$100K |
|
989
Workiva
WK
$4.48B
| $6.62M | ﹤0.01% |
90,697
-677
| -0.7% | -$49.4K |
|
|
ALTR
990
DELISTED
Altair Engineering Inc. Class A Common Stock
ALTR
| $6.6M | ﹤0.01% |
67,341
+25,447
| +61% | +$2.5M |
|
991
Terex
TEX
$3.47B
| $6.59M | ﹤0.01% |
120,246
-2,615
| -2% | -$143K |
|
992
Cousins Properties
CUZ
$4.95B
| $6.53M | ﹤0.01% |
282,109
-4,013
| -1% | -$92.9K |
|
|
GTM
993
ZoomInfo Technologies
GTM
$3.26B
| $6.51M | ﹤0.01% |
509,634
-919
| -0.2% | -$11.7K |
|
994
TAL Education Group
TAL
$6.17B
| $6.5M | ﹤0.01% |
608,724
-76,808
| -11% | -$820K |
|
995
Visteon
VC
$3.41B
| $6.46M | ﹤0.01% |
60,503
+2,882
| +5% | +$308K |
|
996
DXC Technology
DXC
$2.65B
| $6.44M | ﹤0.01% |
337,296
-10,879
| -3% | -$208K |
|
997
Academy Sports + Outdoors
ASO
$3.39B
| $6.42M | ﹤0.01% |
120,586
-2,757
| -2% | -$147K |
|
998
StoneCo
STNE
$4.63B
| $6.41M | ﹤0.01% |
534,403
-10,244
| -2% | -$123K |
|
999
WD-40
WDFC
$2.95B
| $6.38M | ﹤0.01% |
29,064
-2,298
| -7% | -$505K |
|
1000
Herc Holdings
HRI
$4.6B
| $6.36M | ﹤0.01% |
47,686
+2,998
| +7% | +$400K |
|