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 |
NVIDIA
NVDA
|
$584M |
| 2 |
Tesla
TSLA
|
$574M |
| 3 |
Microsoft
MSFT
|
$567M |
| 4 |
Apple
AAPL
|
$290M |
| 5 |
Chevron
CVX
|
$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
$114M |
| 3 |
Verizon
VZ
|
$113M |
| 4 |
Oracle
ORCL
|
$106M |
| 5 |
Mastercard
MA
|
$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Academy Sports + Outdoors
ASO
$3.39B
| $6.58M | 0.01% |
139,286
-17,072
| -11% | -$807K |
|
1002
GlobalFoundries
GFS
$18.5B
| $6.57M | 0.01% |
112,959
-16,569
| -13% | -$964K |
|
1003
Cabot Corp
CBT
$4.31B
| $6.55M | 0.01% |
94,506
+5,215
| +6% | +$361K |
|
1004
Leggett & Platt
LEG
$1.35B
| $6.53M | 0.01% |
257,141
+10,812
| +4% | +$275K |
|
1005
NCR Voyix
VYX
$1.84B
| $6.49M | 0.01% |
391,969
+65,775
| +20% | +$1.09M |
|
1006
Kyndryl
KD
$7.57B
| $6.48M | 0.01% |
429,429
+45,058
| +12% | +$680K |
|
1007
PENN Entertainment
PENN
$2.99B
| $6.45M | 0.01% |
281,144
+23,412
| +9% | +$537K |
|
1008
Assured Guaranty
AGO
$3.91B
| $6.44M | 0.01% |
106,391
+3,214
| +3% | +$195K |
|
1009
Medical Properties Trust
MPW
$2.77B
| $6.38M | 0.01% |
1,171,167
-9,311
| -0.8% | -$50.7K |
|
1010
Goodyear
GT
$2.43B
| $6.37M | 0.01% |
512,660
| – | – |
|
1011
Lucid Motors
LCID
$5.66B
| $6.3M | 0.01% |
112,636
+10,396
| +10% | +$581K |
|
1012
Advance Auto Parts
AAP
$3.6B
| $6.28M | 0.01% |
112,330
-1,167
| -1% | -$65.3K |
|
1013
SLM Corp
SLM
$6.49B
| $6.27M | 0.01% |
460,419
+16,634
| +4% | +$227K |
|
1014
Valaris
VAL
$3.64B
| $6.25M | 0.01% |
83,382
+29,010
| +53% | +$2.18M |
|
1015
Hilton Grand Vacations
HGV
$4.15B
| $6.24M | 0.01% |
153,358
-6,381
| -4% | -$260K |
|
1016
Glacier Bancorp
GBCI
$5.88B
| $6.22M | 0.01% |
218,411
-8,621
| -4% | -$246K |
|
1017
Signet Jewelers
SIG
$3.85B
| $6.19M | 0.01% |
86,131
-665
| -0.8% | -$47.8K |
|
1018
Belden
BDC
$5.14B
| $6.17M | 0.01% |
63,897
+26,348
| +70% | +$2.54M |
|
1019
UMB Financial
UMBF
$9.45B
| $6.15M | 0.01% |
99,065
-1,638
| -2% | -$102K |
|
1020
Alarm.com
ALRM
$2.84B
| $6.13M | 0.01% |
100,323
-3,356
| -3% | -$205K |
|
1021
StoneCo
STNE
$4.63B
| $6.13M | 0.01% |
574,462
-4,779
| -0.8% | -$51K |
|
1022
Varonis Systems
VRNS
$6.28B
| $6.08M | 0.01% |
199,139
+20,058
| +11% | +$613K |
|
1023
Armstrong World Industries
AWI
$8.58B
| $6.05M | 0.01% |
83,978
+1,820
| +2% | +$131K |
|
1024
Unifirst Corp
UNF
$3.3B
| $6.03M | 0.01% |
37,018
| – | – |
|
1025
Zurn Elkay Water Solutions
ZWS
$7.71B
| $5.99M | 0.01% |
213,827
+36,307
| +20% | +$1.02M |
|