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 | |
|---|---|---|---|---|---|---|
1026
ManpowerGroup
MAN
$1.96B
| $6.64M | ﹤0.01% |
90,259
+128
| +0.1% | +$9.41K |
|
1027
Five Below
FIVE
$8B
| $6.59M | ﹤0.01% |
74,536
-1,733
| -2% | -$153K |
|
1028
Perrigo
PRGO
$3.27B
| $6.58M | ﹤0.01% |
250,729
+12,731
| +5% | +$334K |
|
1029
Highwoods Properties
HIW
$3.41B
| $6.53M | ﹤0.01% |
194,987
-3,696
| -2% | -$124K |
|
1030
Air Lease Corp
AL
$6.73B
| $6.53M | ﹤0.01% |
144,185
-44,635
| -24% | -$2.02M |
|
1031
ScottsMiracle-Gro
SMG
$3.53B
| $6.48M | ﹤0.01% |
74,748
+1,531
| +2% | +$133K |
|
1032
RH
RH
$4.23B
| $6.44M | ﹤0.01% |
19,265
-2,262
| -11% | -$756K |
|
1033
Confluent
CFLT
$6.85B
| $6.42M | ﹤0.01% |
315,062
+2,503
| +0.8% | +$51K |
|
1034
Axcelis
ACLS
$2.51B
| $6.41M | ﹤0.01% |
61,175
+270
| +0.4% | +$28.3K |
|
1035
Terex
TEX
$3.28B
| $6.41M | ﹤0.01% |
121,151
+905
| +0.8% | +$47.9K |
|
1036
Broadstone Net Lease
BNL
$3.52B
| $6.37M | ﹤0.01% |
336,166
-19,933
| -6% | -$378K |
|
1037
Medical Properties Trust
MPW
$2.7B
| $6.35M | ﹤0.01% |
1,085,768
+4,613
| +0.4% | +$27K |
|
1038
Kemper
KMPR
$3.37B
| $6.35M | ﹤0.01% |
103,621
+4,053
| +4% | +$248K |
|
1039
Ultragenyx Pharmaceutical
RARE
$2.89B
| $6.34M | ﹤0.01% |
114,119
+6,023
| +6% | +$335K |
|
1040
H.B. Fuller
FUL
$3.29B
| $6.33M | ﹤0.01% |
79,776
+11,033
| +16% | +$876K |
|
1041
FormFactor
FORM
$2.25B
| $6.27M | ﹤0.01% |
136,393
-12,007
| -8% | -$552K |
|
1042
Iridium Communications
IRDM
$2.64B
| $6.25M | ﹤0.01% |
205,258
-3,791
| -2% | -$115K |
|
1043
Travel + Leisure Co
TNL
$4.11B
| $6.23M | ﹤0.01% |
135,219
-3,593
| -3% | -$166K |
|
1044
Ormat Technologies
ORA
$5.56B
| $6.18M | ﹤0.01% |
80,293
+13,660
| +21% | +$1.05M |
|
1045
Silicon Laboratories
SLAB
$4.41B
| $6.15M | ﹤0.01% |
53,209
+3,427
| +7% | +$396K |
|
1046
Power Integrations
POWI
$2.53B
| $6.14M | ﹤0.01% |
95,682
-10,675
| -10% | -$684K |
|
1047
Penske Automotive Group
PAG
$12.2B
| $6.13M | ﹤0.01% |
37,763
+398
| +1% | +$64.6K |
|
1048
LCI Industries
LCII
$2.56B
| $6.06M | ﹤0.01% |
50,271
-3,010
| -6% | -$363K |
|
1049
Texas Capital Bancshares
TCBI
$3.96B
| $6.04M | ﹤0.01% |
84,539
-4,277
| -5% | -$306K |
|
1050
Yeti Holdings
YETI
$2.86B
| $5.99M | ﹤0.01% |
146,094
-5,632
| -4% | -$231K |
|