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 |
Arista Networks
ANET
|
$158M |
| 5 |
Lam Research
LRCX
|
$138M |
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 | |
|---|---|---|---|---|---|---|
1001
Power Integrations
POWI
$2.46B
| $6.26M | ﹤0.01% |
101,398
+5,716
| +6% | +$353K |
|
1002
Travel + Leisure Co
TNL
$4.01B
| $6.24M | ﹤0.01% |
123,747
-11,472
| -8% | -$579K |
|
1003
DXC Technology
DXC
$2.54B
| $6.24M | ﹤0.01% |
312,354
-27,429
| -8% | -$548K |
|
1004
Newell Brands
NWL
$2.43B
| $6.23M | ﹤0.01% |
625,257
-27,249
| -4% | -$271K |
|
1005
Perrigo
PRGO
$3.21B
| $6.22M | ﹤0.01% |
241,860
-8,869
| -4% | -$228K |
|
1006
Celsius Holdings
CELH
$15.7B
| $6.21M | ﹤0.01% |
235,767
-16,491
| -7% | -$434K |
|
1007
Organon & Co
OGN
$2.42B
| $6.2M | ﹤0.01% |
415,772
-44,686
| -10% | -$667K |
|
1008
GXO Logistics
GXO
$5.85B
| $6.19M | ﹤0.01% |
142,240
-51,826
| -27% | -$2.25M |
|
1009
WD-40
WDFC
$2.87B
| $6.18M | ﹤0.01% |
25,486
-3,367
| -12% | -$817K |
|
1010
Nextracker
NXT
$9.83B
| $6.12M | ﹤0.01% |
167,440
-18,048
| -10% | -$659K |
|
1011
Texas Capital Bancshares
TCBI
$3.91B
| $6.1M | ﹤0.01% |
78,024
-6,515
| -8% | -$509K |
|
1012
Spirit AeroSystems
SPR
$4.9B
| $6.1M | ﹤0.01% |
179,027
-54,178
| -23% | -$1.85M |
|
1013
Shake Shack
SHAK
$4.2B
| $6.09M | ﹤0.01% |
46,950
-4,219
| -8% | -$548K |
|
1014
Valvoline
VVV
$4.86B
| $6.06M | ﹤0.01% |
167,499
-64,909
| -28% | -$2.35M |
|
1015
Marathon Digital Holdings
MARA
$5.8B
| $6.06M | ﹤0.01% |
361,275
-136,972
| -27% | -$2.3M |
|
1016
Advanced Energy
AEIS
$5.47B
| $6.06M | ﹤0.01% |
52,380
-4,373
| -8% | -$506K |
|
1017
CNO Financial Group
CNO
$3.75B
| $6.05M | ﹤0.01% |
162,579
-26,612
| -14% | -$990K |
|
1018
ServisFirst Bancshares
SFBS
$4.76B
| $6.05M | ﹤0.01% |
71,346
| – | – |
|
1019
Polaris
PII
$3.11B
| $6M | ﹤0.01% |
104,092
-10,068
| -9% | -$580K |
|
1020
Avient
AVNT
$3.31B
| $5.98M | ﹤0.01% |
146,387
-10,015
| -6% | -$409K |
|
1021
MSC Industrial Direct
MSM
$4.97B
| $5.98M | ﹤0.01% |
80,014
-11,909
| -13% | -$889K |
|
1022
Harley-Davidson
HOG
$3.54B
| $5.97M | ﹤0.01% |
198,175
-18,896
| -9% | -$569K |
|
1023
Silicon Laboratories
SLAB
$4.19B
| $5.95M | ﹤0.01% |
47,920
-5,289
| -10% | -$657K |
|
1024
Highwoods Properties
HIW
$3.36B
| $5.93M | ﹤0.01% |
193,882
-1,105
| -0.6% | -$33.8K |
|
1025
Marriott Vacations Worldwide
VAC
$2.62B
| $5.83M | ﹤0.01% |
64,970
-4,032
| -6% | -$362K |
|