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 | |
|---|---|---|---|---|---|---|
1001
Huntsman Corp
HUN
$1.94B
| $7.56M | 0.01% |
312,462
+20,351
| +7% | +$492K |
|
1002
Phillips Edison & Co
PECO
$4.42B
| $7.51M | 0.01% |
199,110
-4,814
| -2% | -$182K |
|
1003
Signet Jewelers
SIG
$3.62B
| $7.51M | 0.01% |
72,780
-3,741
| -5% | -$386K |
|
1004
Hancock Whitney
HWC
$5.33B
| $7.47M | 0.01% |
145,897
-988
| -0.7% | -$50.6K |
|
1005
Columbia Banking Systems
COLB
$5.63B
| $7.47M | 0.01% |
285,925
-2,528
| -0.9% | -$66K |
|
1006
TAL Education Group
TAL
$6.46B
| $7.44M | 0.01% |
628,707
+19,983
| +3% | +$237K |
|
1007
WD-40
WDFC
$2.92B
| $7.44M | 0.01% |
28,853
-211
| -0.7% | -$54.4K |
|
1008
Academy Sports + Outdoors
ASO
$3.56B
| $7.38M | 0.01% |
126,540
+5,954
| +5% | +$347K |
|
1009
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.51B
| $7.25M | 0.01% |
210,276
+49,380
| +31% | +$1.7M |
|
1010
Asbury Automotive
ABG
$4.95B
| $7.24M | 0.01% |
30,333
-7,508
| -20% | -$1.79M |
|
1011
ICU Medical
ICUI
$3.15B
| $7.22M | 0.01% |
39,613
-2,177
| -5% | -$397K |
|
1012
Frontdoor
FTDR
$4.43B
| $7.21M | 0.01% |
150,160
-1,668
| -1% | -$80K |
|
1013
Unifirst Corp
UNF
$3.3B
| $7.16M | 0.01% |
36,022
+381
| +1% | +$75.7K |
|
1014
Chart Industries
GTLS
$8.96B
| $7.07M | ﹤0.01% |
56,930
-1,382
| -2% | -$172K |
|
1015
DXC Technology
DXC
$2.59B
| $7.05M | ﹤0.01% |
339,783
+2,487
| +0.7% | +$51.6K |
|
1016
Valley National Bancorp
VLY
$5.85B
| $7.05M | ﹤0.01% |
777,618
-65,290
| -8% | -$592K |
|
1017
Essential Properties Realty Trust
EPRT
$6.21B
| $7.01M | ﹤0.01% |
+205,299
| New | +$7.01M |
|
1018
Nextracker
NXT
$9.95B
| $6.95M | ﹤0.01% |
185,488
-14,630
| -7% | -$548K |
|
1019
National Storage Affiliates Trust
NSA
$2.47B
| $6.92M | ﹤0.01% |
143,557
-2,952
| -2% | -$142K |
|
1020
PotlatchDeltic
PCH
$3.25B
| $6.84M | ﹤0.01% |
151,816
+207
| +0.1% | +$9.33K |
|
1021
Wayfair
W
$9.67B
| $6.84M | ﹤0.01% |
121,670
+5,560
| +5% | +$312K |
|
1022
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.86B
| $6.75M | ﹤0.01% |
226,302
+12,163
| +6% | +$363K |
|
1023
Hamilton Lane
HLNE
$6.71B
| $6.71M | ﹤0.01% |
+39,861
| New | +$6.71M |
|
1024
Sunrun
RUN
$3.68B
| $6.71M | ﹤0.01% |
371,628
+66,293
| +22% | +$1.2M |
|
1025
CNO Financial Group
CNO
$3.83B
| $6.64M | ﹤0.01% |
189,191
-5,023
| -3% | -$176K |
|