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 |
Apple
AAPL
|
+$739M |
| 2 |
Microsoft
MSFT
|
+$541M |
| 3 |
Amazon
AMZN
|
+$248M |
| 4 |
Tesla
TSLA
|
+$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
+$171M |
| 2 |
Walmart
WMT
|
+$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
+$168M |
| 4 |
Accenture
ACN
|
+$125M |
| 5 |
Adobe
ADBE
|
+$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Zurn Elkay Water Solutions
ZWS
$7.63B
| $7.31M | 0.01% |
298,171
+59,560
| +25% | +$1.46M |
|
1002
Janus Henderson
JHG
$6.96B
| $7.29M | 0.01% |
359,071
+26,822
| +8% | +$545K |
|
1003
Advanced Energy
AEIS
$5.83B
| $7.28M | 0.01% |
94,099
+5,472
| +6% | +$424K |
|
1004
Frontier Communications
FYBR
$9.34B
| $7.24M | 0.01% |
+309,058
| New | +$7.24M |
|
1005
Sabra Healthcare REIT
SBRA
$4.57B
| $7.24M | 0.01% |
551,699
+76,498
| +16% | +$1M |
|
1006
ICU Medical
ICUI
$3.2B
| $7.23M | 0.01% |
48,020
+4,783
| +11% | +$720K |
|
1007
PotlatchDeltic
PCH
$3.23B
| $7.21M | 0.01% |
175,714
+17,318
| +11% | +$711K |
|
1008
SoFi Technologies
SOFI
$30.9B
| $7.2M | 0.01% |
+1,475,517
| New | +$7.2M |
|
1009
PVH
PVH
$3.99B
| $7.2M | 0.01% |
160,609
+28,628
| +22% | +$1.28M |
|
1010
RingCentral
RNG
$2.88B
| $7.16M | 0.01% |
179,176
+35,898
| +25% | +$1.43M |
|
1011
Lazard
LAZ
$5.28B
| $7.12M | 0.01% |
223,561
+30,277
| +16% | +$964K |
|
1012
STAAR Surgical
STAA
$1.38B
| $7.08M | 0.01% |
100,366
+15,739
| +19% | +$1.11M |
|
1013
Cytokinetics
CYTK
$6.08B
| $7.07M | 0.01% |
+145,923
| New | +$7.07M |
|
1014
Sensient Technologies
SXT
$4.7B
| $7.05M | 0.01% |
101,630
+6,259
| +7% | +$434K |
|
1015
Texas Capital Bancshares
TCBI
$3.96B
| $7.04M | 0.01% |
119,201
+13,050
| +12% | +$770K |
|
|
AMED
1016
DELISTED
Amedisys
AMED
| $7.03M | 0.01% |
72,647
+8,463
| +13% | +$819K |
|
1017
Viavi Solutions
VIAV
$2.61B
| $7.01M | 0.01% |
537,301
+152,224
| +40% | +$1.99M |
|
1018
Tandem Diabetes Care
TNDM
$859M
| $6.98M | 0.01% |
145,823
+20,651
| +16% | +$988K |
|
1019
Zai Lab
ZLAB
$3.47B
| $6.97M | 0.01% |
203,770
+92,973
| +84% | +$3.18M |
|
1020
Affirm
AFRM
$28.4B
| $6.96M | 0.01% |
371,083
+93,627
| +34% | +$1.76M |
|
1021
iRhythm Technologies
IRTC
$6.02B
| $6.95M | 0.01% |
+55,436
| New | +$6.95M |
|
1022
Bank of Hawaii
BOH
$2.7B
| $6.93M | 0.01% |
91,024
+6,404
| +8% | +$487K |
|
1023
Hillenbrand
HI
$1.77B
| $6.88M | 0.01% |
187,459
+12,096
| +7% | +$444K |
|
1024
Diodes
DIOD
$2.46B
| $6.83M | 0.01% |
105,169
+6,871
| +7% | +$446K |
|
1025
Travel + Leisure Co
TNL
$4.07B
| $6.82M | 0.01% |
199,842
+24,790
| +14% | +$846K |
|