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 | |
|---|---|---|---|---|---|---|
|
UCB
1026
United Community Banks, Inc.
UCB
$4.06B
| $5.83M | ﹤0.01% |
180,476
-4,397
| -2% | -$142K |
|
1027
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.51B
| $5.78M | ﹤0.01% |
215,399
+5,123
| +2% | +$137K |
|
1028
PotlatchDeltic
PCH
$3.25B
| $5.77M | ﹤0.01% |
147,060
-4,756
| -3% | -$187K |
|
1029
Penske Automotive Group
PAG
$12.2B
| $5.76M | ﹤0.01% |
37,762
-1
| -0% | -$152 |
|
|
JBTM
1030
JBT Marel Corporation
JBTM
$7.39B
| $5.69M | ﹤0.01% |
44,730
-11,574
| -21% | -$1.47M |
|
1031
TAL Education Group
TAL
$6.46B
| $5.65M | ﹤0.01% |
564,229
-64,478
| -10% | -$646K |
|
1032
FormFactor
FORM
$2.25B
| $5.64M | ﹤0.01% |
128,200
-8,193
| -6% | -$360K |
|
1033
Community Bank
CBU
$3.17B
| $5.62M | ﹤0.01% |
91,180
-10,962
| -11% | -$676K |
|
1034
Huntsman Corp
HUN
$1.94B
| $5.6M | ﹤0.01% |
310,566
-1,896
| -0.6% | -$34.2K |
|
1035
Envista
NVST
$3.52B
| $5.57M | ﹤0.01% |
288,546
+1,272
| +0.4% | +$24.5K |
|
1036
Ultragenyx Pharmaceutical
RARE
$2.89B
| $5.53M | ﹤0.01% |
131,344
+17,225
| +15% | +$725K |
|
|
ECG
1037
Everus Construction Group, Inc.
ECG
$4B
| $5.52M | ﹤0.01% |
+83,988
| New | +$5.52M |
|
1038
Atkore
ATKR
$1.96B
| $5.52M | ﹤0.01% |
66,126
-3,991
| -6% | -$333K |
|
1039
Signet Jewelers
SIG
$3.72B
| $5.51M | ﹤0.01% |
68,224
-4,556
| -6% | -$368K |
|
1040
Viking Therapeutics
VKTX
$3.09B
| $5.5M | ﹤0.01% |
136,592
-47,576
| -26% | -$1.91M |
|
1041
Unifirst Corp
UNF
$3.3B
| $5.49M | ﹤0.01% |
32,070
-3,952
| -11% | -$676K |
|
1042
First Hawaiian
FHB
$3.23B
| $5.48M | ﹤0.01% |
211,200
-12,012
| -5% | -$312K |
|
1043
Guardant Health
GH
$8.41B
| $5.45M | ﹤0.01% |
178,470
+21,674
| +14% | +$662K |
|
1044
Iridium Communications
IRDM
$2.63B
| $5.42M | ﹤0.01% |
186,834
-18,424
| -9% | -$535K |
|
1045
H.B. Fuller
FUL
$3.29B
| $5.41M | ﹤0.01% |
80,181
+405
| +0.5% | +$27.3K |
|
1046
Helmerich & Payne
HP
$2.08B
| $5.38M | ﹤0.01% |
168,103
-5,860
| -3% | -$188K |
|
1047
Liberty Global Class A
LBTYA
$4B
| $5.37M | ﹤0.01% |
420,811
+10,552
| +3% | +$135K |
|
1048
Yeti Holdings
YETI
$2.86B
| $5.34M | ﹤0.01% |
138,640
-7,454
| -5% | -$287K |
|
1049
Option Care Health
OPCH
$4.65B
| $5.33M | ﹤0.01% |
229,792
-72,802
| -24% | -$1.69M |
|
1050
TriNet
TNET
$3.52B
| $5.3M | ﹤0.01% |
58,396
-3,143
| -5% | -$285K |
|