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 |
Broadcom
AVGO
|
$1.96B |
| 2 |
Costco
COST
|
$292M |
| 3 |
NVIDIA
NVDA
|
$284M |
| 4 |
Applied Materials
AMAT
|
$233M |
| 5 |
NXP Semiconductors
NXPI
|
$190M |
Top Sells
| 1 |
Tesla
TSLA
|
$1.17B |
| 2 |
Walmart
WMT
|
$198M |
| 3 |
KLA
KLAC
|
$190M |
| 4 |
Texas Instruments
TXN
|
$186M |
| 5 |
Starbucks
SBUX
|
$171M |
Sector Composition
| 1 | Technology | 33.41% |
| 2 | Financials | 12.58% |
| 3 | Healthcare | 12.38% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
976
American Eagle Outfitters
AEO
$2.24B
| $8.29M | 0.01% |
370,268
+2,452
| +0.7% | +$54.9K |
|
|
AMTM
977
Amentum Holdings, Inc.
AMTM
$6.07B
| $8.26M | 0.01% |
+256,237
| New | +$8.26M |
|
978
First Financial Bankshares
FFIN
$5.28B
| $8.26M | 0.01% |
223,249
-17,054
| -7% | -$631K |
|
979
Capri Holdings
CPRI
$2.45B
| $8.24M | 0.01% |
194,229
+4,811
| +3% | +$204K |
|
980
Kanzhun
BZ
$10.8B
| $8.19M | 0.01% |
471,829
-36,394
| -7% | -$632K |
|
981
Champion Homes, Inc.
SKY
$4.26B
| $8.18M | 0.01% |
86,281
+7,739
| +10% | +$734K |
|
982
Marathon Digital Holdings
MARA
$5.95B
| $8.08M | 0.01% |
498,247
+17,875
| +4% | +$290K |
|
983
Cousins Properties
CUZ
$4.95B
| $8.08M | 0.01% |
273,956
-8,153
| -3% | -$240K |
|
984
EnerSys
ENS
$3.85B
| $8.06M | 0.01% |
79,028
-3,115
| -4% | -$318K |
|
985
Tenable Holdings
TENB
$3.74B
| $8.04M | 0.01% |
198,361
+4,827
| +2% | +$196K |
|
986
ASGN Inc
ASGN
$2.38B
| $8M | 0.01% |
85,795
-3,463
| -4% | -$323K |
|
987
Alarm.com
ALRM
$2.93B
| $7.95M | 0.01% |
145,327
+50,501
| +53% | +$2.76M |
|
988
Boyd Gaming
BYD
$6.88B
| $7.91M | 0.01% |
122,409
-2,958
| -2% | -$191K |
|
989
MSC Industrial Direct
MSM
$5.02B
| $7.91M | 0.01% |
91,923
+1,021
| +1% | +$87.9K |
|
990
Celsius Holdings
CELH
$15.8B
| $7.91M | 0.01% |
252,258
-64,501
| -20% | -$2.02M |
|
991
GATX Corp
GATX
$5.99B
| $7.88M | 0.01% |
59,458
-10,174
| -15% | -$1.35M |
|
992
Avient
AVNT
$3.42B
| $7.87M | 0.01% |
156,402
-3,713
| -2% | -$187K |
|
993
e.l.f. Beauty
ELF
$7.09B
| $7.86M | 0.01% |
72,071
-23,701
| -25% | -$2.58M |
|
994
Magnolia Oil & Gas
MGY
$4.61B
| $7.86M | 0.01% |
321,703
+34,340
| +12% | +$839K |
|
995
Herc Holdings
HRI
$4.35B
| $7.82M | 0.01% |
49,070
+1,384
| +3% | +$221K |
|
996
Innovative Industrial Properties
IIPR
$1.59B
| $7.82M | 0.01% |
58,097
+1,721
| +3% | +$232K |
|
997
Rambus
RMBS
$7.94B
| $7.77M | 0.01% |
184,003
-2,259
| -1% | -$95.4K |
|
998
Zillow
ZG
$19.7B
| $7.76M | 0.01% |
125,381
-159
| -0.1% | -$9.85K |
|
999
Macy's
M
$3.66B
| $7.59M | 0.01% |
483,505
-3,977
| -0.8% | -$62.4K |
|
1000
Spirit AeroSystems
SPR
$4.88B
| $7.58M | 0.01% |
233,205
+68,361
| +41% | +$2.22M |
|