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 |
Texas Instruments
TXN
|
$139M |
| 2 |
IBM
IBM
|
$71.2M |
| 3 |
Tesla
TSLA
|
$63.6M |
| 4 |
McKesson
MCK
|
$58.3M |
| 5 |
GE HealthCare
GEHC
|
$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
$1.15B |
| 2 |
Microsoft
MSFT
|
$401M |
| 3 |
Amazon
AMZN
|
$354M |
| 4 |
NVIDIA
NVDA
|
$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1026
TriNet
TNET
$3.46B
| $6.06M | 0.01% |
75,208
-8,644
| -10% | -$697K |
|
1027
ACI Worldwide
ACIW
$5.05B
| $6.05M | 0.01% |
224,357
-66,389
| -23% | -$1.79M |
|
1028
Lazard
LAZ
$5.32B
| $6M | 0.01% |
181,155
-47,023
| -21% | -$1.56M |
|
1029
iQIYI
IQ
$2.58B
| $5.98M | 0.01% |
821,846
+145,745
| +22% | +$1.06M |
|
1030
Casella Waste Systems
CWST
$6.14B
| $5.98M | 0.01% |
72,354
+14,174
| +24% | +$1.17M |
|
1031
Nomad Foods
NOMD
$2.31B
| $5.9M | 0.01% |
314,994
-42,314
| -12% | -$793K |
|
1032
Cousins Properties
CUZ
$4.89B
| $5.9M | 0.01% |
275,909
-65,550
| -19% | -$1.4M |
|
1033
Kyndryl
KD
$7.21B
| $5.88M | 0.01% |
398,360
+32,930
| +9% | +$486K |
|
1034
UMB Financial
UMBF
$9.23B
| $5.86M | 0.01% |
101,572
-6,639
| -6% | -$383K |
|
1035
Applied Industrial Technologies
AIT
$9.93B
| $5.86M | 0.01% |
41,218
+7,174
| +21% | +$1.02M |
|
1036
Jackson Financial
JXN
$6.77B
| $5.86M | 0.01% |
156,534
-22,097
| -12% | -$827K |
|
1037
Goodyear
GT
$2.4B
| $5.85M | 0.01% |
531,189
-69,863
| -12% | -$770K |
|
1038
Sabra Healthcare REIT
SBRA
$4.62B
| $5.84M | 0.01% |
507,539
-41,200
| -8% | -$474K |
|
1039
Rambus
RMBS
$7.91B
| $5.83M | 0.01% |
+113,749
| New | +$5.83M |
|
1040
Blackstone Mortgage Trust
BXMT
$3.32B
| $5.82M | 0.01% |
325,812
-81,026
| -20% | -$1.45M |
|
1041
Transocean
RIG
$2.89B
| $5.74M | 0.01% |
+901,730
| New | +$5.74M |
|
1042
Lumen
LUMN
$4.92B
| $5.7M | 0.01% |
2,150,562
-278,063
| -11% | -$737K |
|
1043
Assured Guaranty
AGO
$3.87B
| $5.61M | 0.01% |
111,583
+1,460
| +1% | +$73.4K |
|
1044
Itron
ITRI
$5.53B
| $5.6M | 0.01% |
100,990
-7,573
| -7% | -$420K |
|
1045
STAAR Surgical
STAA
$1.37B
| $5.55M | ﹤0.01% |
86,761
-17,178
| -17% | -$1.1M |
|
1046
Spirit AeroSystems
SPR
$4.92B
| $5.54M | ﹤0.01% |
160,530
-31,166
| -16% | -$1.08M |
|
1047
Lincoln National
LNC
$8.09B
| $5.52M | ﹤0.01% |
245,607
-126,118
| -34% | -$2.83M |
|
1048
CNO Financial Group
CNO
$3.79B
| $5.51M | ﹤0.01% |
248,302
-35,489
| -13% | -$788K |
|
|
LTHM
1049
DELISTED
Livent Corporation
LTHM
| $5.5M | ﹤0.01% |
253,005
-84,652
| -25% | -$1.84M |
|
1050
NCR Voyix
VYX
$1.75B
| $5.48M | ﹤0.01% |
232,423
-19,640
| -8% | -$463K |
|