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 |
Vanguard S&P 500 ETF
VOO
|
$9.2B |
| 2 |
Apple
AAPL
|
$199M |
| 3 |
NextEra Energy, Inc.
NEE
|
$180M |
| 4 |
Texas Instruments
TXN
|
$102M |
| 5 |
Costco
COST
|
$96.9M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$192M |
| 3 |
Amazon
AMZN
|
$188M |
| 4 |
Applied Materials
AMAT
|
$163M |
| 5 |
Meta Platforms (Facebook)
META
|
$142M |
Sector Composition
| 1 | Technology | 32.39% |
| 2 | Financials | 12.4% |
| 3 | Healthcare | 10.11% |
| 4 | Consumer Discretionary | 8.73% |
| 5 | Communication Services | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
976
Inspire Medical Systems
INSP
$2.53B
| $7.15M | ﹤0.01% |
38,568
-12,516
| -25% | -$2.32M |
|
977
Champion Homes, Inc.
SKY
$4.34B
| $7.09M | ﹤0.01% |
80,443
-5,838
| -7% | -$514K |
|
978
Franklin Resources
BEN
$13.3B
| $7.08M | ﹤0.01% |
349,090
-167,096
| -32% | -$3.39M |
|
979
Essential Properties Realty Trust
EPRT
$6.13B
| $7.07M | ﹤0.01% |
226,005
+20,706
| +10% | +$648K |
|
980
Valley National Bancorp
VLY
$5.88B
| $7.06M | ﹤0.01% |
779,572
+1,954
| +0.3% | +$17.7K |
|
981
SentinelOne
S
$6.01B
| $6.87M | ﹤0.01% |
309,467
-146,255
| -32% | -$3.25M |
|
|
BPMC
982
DELISTED
Blueprint Medicines
BPMC
| $6.84M | ﹤0.01% |
78,450
-24,735
| -24% | -$2.16M |
|
983
Westlake Corp
WLK
$10.9B
| $6.83M | ﹤0.01% |
59,534
-4,044
| -6% | -$464K |
|
984
Kanzhun
BZ
$11.1B
| $6.81M | ﹤0.01% |
493,356
+21,527
| +5% | +$297K |
|
985
Installed Building Products
IBP
$7.18B
| $6.8M | ﹤0.01% |
38,780
-668
| -2% | -$117K |
|
986
Sensata Technologies
ST
$4.63B
| $6.78M | ﹤0.01% |
247,584
-9,419
| -4% | -$258K |
|
987
Ionis Pharmaceuticals
IONS
$9.64B
| $6.72M | ﹤0.01% |
192,130
-19,626
| -9% | -$686K |
|
988
Academy Sports + Outdoors
ASO
$3.31B
| $6.68M | ﹤0.01% |
116,179
-10,361
| -8% | -$596K |
|
989
EnerSys
ENS
$3.79B
| $6.68M | ﹤0.01% |
72,245
-6,783
| -9% | -$627K |
|
990
Ashland
ASH
$2.48B
| $6.66M | ﹤0.01% |
93,202
-4,013
| -4% | -$287K |
|
991
Asbury Automotive
ABG
$4.99B
| $6.66M | ﹤0.01% |
27,386
-2,947
| -10% | -$716K |
|
992
ASGN Inc
ASGN
$2.35B
| $6.66M | ﹤0.01% |
79,855
-5,940
| -7% | -$495K |
|
993
Madrigal Pharmaceuticals
MDGL
$9.7B
| $6.58M | ﹤0.01% |
21,310
-985
| -4% | -$304K |
|
994
Choice Hotels
CHH
$5.42B
| $6.55M | ﹤0.01% |
46,115
+3,563
| +8% | +$506K |
|
|
ALTM
995
DELISTED
Arcadium Lithium plc
ALTM
| $6.46M | ﹤0.01% |
1,259,852
-53,556
| -4% | -$275K |
|
996
Cytokinetics
CYTK
$5.98B
| $6.37M | ﹤0.01% |
135,473
-48,263
| -26% | -$2.27M |
|
997
BlackLine
BL
$3.26B
| $6.35M | ﹤0.01% |
104,564
+405
| +0.4% | +$24.6K |
|
998
Air Lease Corp
AL
$7.13B
| $6.32M | ﹤0.01% |
131,142
-13,043
| -9% | -$629K |
|
999
Olin
OLN
$2.67B
| $6.28M | ﹤0.01% |
185,745
-30,886
| -14% | -$1.04M |
|
1000
Moog
MOG.A
$6.11B
| $6.27M | ﹤0.01% |
31,856
+5,501
| +21% | +$1.08M |
|