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 |
Meta Platforms (Facebook)
META
|
+$234M |
| 2 |
NVIDIA
NVDA
|
+$197M |
| 3 |
Costco
COST
|
+$174M |
| 4 |
Home Depot
HD
|
+$157M |
| 5 |
Airbnb
ABNB
|
+$137M |
Top Sells
| 1 |
Amazon
AMZN
|
+$432M |
| 2 |
Microsoft
MSFT
|
+$271M |
| 3 |
Merck
MRK
|
+$261M |
| 4 |
Walt Disney
DIS
|
+$232M |
| 5 |
Texas Instruments
TXN
|
+$201M |
Sector Composition
| 1 | Technology | 31% |
| 2 | Healthcare | 13.61% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Columbia Banking Systems
COLB
$8.05B
| $6.57M | ﹤0.01% |
339,568
+65,708
| +24% | +$1.27M |
|
1027
Blackstone Mortgage Trust
BXMT
$3.42B
| $6.56M | ﹤0.01% |
329,439
+7,593
| +2% | +$151K |
|
1028
Insperity
NSP
$2B
| $6.56M | ﹤0.01% |
59,811
+195
| +0.3% | +$21.4K |
|
1029
Valley National Bancorp
VLY
$6.02B
| $6.55M | ﹤0.01% |
822,492
+24,049
| +3% | +$191K |
|
1030
BlackLine
BL
$3.37B
| $6.53M | ﹤0.01% |
101,065
-1,286
| -1% | -$83.1K |
|
1031
Crane NXT
CXT
$3.54B
| $6.48M | ﹤0.01% |
104,650
| – | – |
|
1032
Independence Realty Trust
IRT
$4.18B
| $6.43M | ﹤0.01% |
398,763
+4,319
| +1% | +$69.7K |
|
1033
Hancock Whitney
HWC
$5.33B
| $6.43M | ﹤0.01% |
139,655
| – | – |
|
1034
Unifirst Corp
UNF
$3.24B
| $6.42M | ﹤0.01% |
37,018
| – | – |
|
1035
LCI Industries
LCII
$2.55B
| $6.4M | ﹤0.01% |
52,028
-2,048
| -4% | -$252K |
|
1036
SL Green Realty
SLG
$4.32B
| $6.34M | ﹤0.01% |
114,997
-2,660
| -2% | -$147K |
|
1037
Spectrum Brands
SPB
$1.34B
| $6.28M | ﹤0.01% |
70,516
-1,726
| -2% | -$154K |
|
1038
Diodes
DIOD
$2.46B
| $6.17M | ﹤0.01% |
87,504
| – | – |
|
1039
Yeti Holdings
YETI
$2.9B
| $6.13M | ﹤0.01% |
159,037
+1,877
| +1% | +$72.4K |
|
1040
Brighthouse Financial
BHF
$2.48B
| $6.11M | ﹤0.01% |
118,588
-18,279
| -13% | -$942K |
|
1041
Belden
BDC
$5.16B
| $6.1M | ﹤0.01% |
65,891
-2,031
| -3% | -$188K |
|
1042
Clarivate
CLVT
$2.96B
| $6.09M | ﹤0.01% |
819,363
+38,895
| +5% | +$289K |
|
1043
Ormat Technologies
ORA
$5.48B
| $6.06M | ﹤0.01% |
91,522
+1,840
| +2% | +$122K |
|
1044
Valaris
VAL
$3.65B
| $5.97M | ﹤0.01% |
79,346
-4,036
| -5% | -$304K |
|
1045
Innovative Industrial Properties
IIPR
$1.59B
| $5.92M | ﹤0.01% |
57,150
+1,059
| +2% | +$110K |
|
1046
Zillow
ZG
$21B
| $5.91M | ﹤0.01% |
123,585
+7,400
| +6% | +$354K |
|
1047
Carter's
CRI
$1.05B
| $5.89M | ﹤0.01% |
69,531
+479
| +0.7% | +$40.6K |
|
1048
LivaNova
LIVN
$3.18B
| $5.88M | ﹤0.01% |
105,078
-4,047
| -4% | -$226K |
|
1049
Antero Midstream
AM
$8.66B
| $5.77M | ﹤0.01% |
410,443
+51,909
| +14% | +$730K |
|
1050
Transocean
RIG
$2.98B
| $5.76M | ﹤0.01% |
916,543
-96,002
| -9% | -$603K |
|