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 |
Alphabet (Google) Class A
GOOGL
|
$200M |
| 2 |
Apple
AAPL
|
$164M |
| 3 |
Accenture
ACN
|
$133M |
| 4 |
KLA
KLAC
|
$115M |
| 5 |
Autodesk
ADSK
|
$114M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$1.72B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$505M |
| 3 |
Costco
COST
|
$422M |
| 4 |
Home Depot
HD
|
$348M |
| 5 |
Bank of America
BAC
|
$259M |
Sector Composition
| 1 | Technology | 33.69% |
| 2 | Healthcare | 12.79% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 9.4% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Kemper
KMPR
$3.39B
| $5.91M | ﹤0.01% |
99,568
+14,219
| +17% | +$844K |
|
1027
Valley National Bancorp
VLY
$6.01B
| $5.88M | ﹤0.01% |
842,908
+20,416
| +2% | +$143K |
|
1028
Installed Building Products
IBP
$7.44B
| $5.87M | ﹤0.01% |
28,561
+7,510
| +36% | +$1.54M |
|
|
JBTM
1029
JBT Marel Corporation
JBTM
$7.35B
| $5.84M | ﹤0.01% |
61,486
-10,837
| -15% | -$1.03M |
|
1030
Chemours
CC
$2.34B
| $5.81M | ﹤0.01% |
257,220
+119
| +0% | +$2.69K |
|
1031
Yeti Holdings
YETI
$2.95B
| $5.79M | ﹤0.01% |
151,726
-7,311
| -5% | -$279K |
|
1032
Helmerich & Payne
HP
$2.01B
| $5.75M | ﹤0.01% |
159,102
-7,610
| -5% | -$275K |
|
1033
Crane NXT
CXT
$3.51B
| $5.74M | ﹤0.01% |
93,420
-11,230
| -11% | -$690K |
|
1034
Columbia Banking Systems
COLB
$8.05B
| $5.74M | ﹤0.01% |
288,453
-51,115
| -15% | -$1.02M |
|
1035
LivaNova
LIVN
$3.17B
| $5.73M | ﹤0.01% |
104,570
-508
| -0.5% | -$27.8K |
|
1036
Goodyear
GT
$2.43B
| $5.71M | ﹤0.01% |
502,996
+10,738
| +2% | +$122K |
|
1037
Inspire Medical Systems
INSP
$2.56B
| $5.67M | ﹤0.01% |
42,385
+2,048
| +5% | +$274K |
|
1038
Valaris
VAL
$3.64B
| $5.66M | ﹤0.01% |
75,938
-3,408
| -4% | -$254K |
|
1039
Zillow
ZG
$20.5B
| $5.65M | ﹤0.01% |
125,540
+1,955
| +2% | +$88.1K |
|
1040
Broadstone Net Lease
BNL
$3.53B
| $5.65M | ﹤0.01% |
356,099
+48,193
| +16% | +$765K |
|
1041
Quaker Houghton
KWR
$2.51B
| $5.64M | ﹤0.01% |
33,212
-242
| -0.7% | -$41.1K |
|
1042
Spectrum Brands
SPB
$1.38B
| $5.62M | ﹤0.01% |
65,360
-5,156
| -7% | -$443K |
|
1043
IAC Inc
IAC
$2.98B
| $5.6M | ﹤0.01% |
145,803
-6,772
| -4% | -$260K |
|
1044
Insperity
NSP
$2.03B
| $5.59M | ﹤0.01% |
61,311
+1,500
| +3% | +$137K |
|
1045
Blackstone Mortgage Trust
BXMT
$3.45B
| $5.59M | ﹤0.01% |
320,759
-8,680
| -3% | -$151K |
|
1046
Concentrix
CNXC
$3.39B
| $5.58M | ﹤0.01% |
88,141
+4,022
| +5% | +$255K |
|
1047
Doximity
DOCS
$13B
| $5.57M | ﹤0.01% |
199,310
-44
| -0% | -$1.23K |
|
1048
Penske Automotive Group
PAG
$12.4B
| $5.57M | ﹤0.01% |
37,365
+1,847
| +5% | +$275K |
|
1049
Iridium Communications
IRDM
$2.67B
| $5.56M | ﹤0.01% |
209,049
-1,230
| -0.6% | -$32.7K |
|
1050
LCI Industries
LCII
$2.57B
| $5.51M | ﹤0.01% |
53,281
+1,253
| +2% | +$130K |
|