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 | |
|---|---|---|---|---|---|---|
1051
Penske Automotive Group
PAG
$12.4B
| $5.75M | ﹤0.01% |
35,518
-5,388
| -13% | -$873K |
|
1052
CNO Financial Group
CNO
$3.85B
| $5.75M | ﹤0.01% |
209,174
| – | – |
|
1053
Azenta
AZTA
$1.39B
| $5.74M | ﹤0.01% |
95,188
+3,212
| +3% | +$194K |
|
1054
National Storage Affiliates Trust
NSA
$2.56B
| $5.72M | ﹤0.01% |
146,048
-3,506
| -2% | -$137K |
|
1055
Texas Capital Bancshares
TCBI
$3.96B
| $5.71M | ﹤0.01% |
92,800
| – | – |
|
1056
IPG Photonics
IPGP
$3.56B
| $5.71M | ﹤0.01% |
62,959
+112
| +0.2% | +$10.2K |
|
1057
Resideo Technologies
REZI
$5.32B
| $5.69M | ﹤0.01% |
253,714
-8,821
| -3% | -$198K |
|
1058
ScottsMiracle-Gro
SMG
$3.64B
| $5.64M | ﹤0.01% |
75,656
+793
| +1% | +$59.2K |
|
1059
Kohl's
KSS
$1.86B
| $5.63M | ﹤0.01% |
193,240
-4,620
| -2% | -$135K |
|
1060
Nomad Foods
NOMD
$2.21B
| $5.59M | ﹤0.01% |
285,586
| – | – |
|
1061
Concentrix
CNXC
$3.39B
| $5.57M | ﹤0.01% |
84,119
+3,312
| +4% | +$219K |
|
1062
Fox Class B
FOX
$24.9B
| $5.55M | ﹤0.01% |
194,065
-10,443
| -5% | -$299K |
|
1063
SolarEdge
SEDG
$2.04B
| $5.52M | ﹤0.01% |
77,796
| – | – |
|
1064
Spirit AeroSystems
SPR
$4.8B
| $5.51M | ﹤0.01% |
152,818
+2,736
| +2% | +$98.7K |
|
1065
Iridium Communications
IRDM
$2.67B
| $5.5M | ﹤0.01% |
210,279
-11,531
| -5% | -$302K |
|
1066
Cable One
CABO
$922M
| $5.46M | ﹤0.01% |
12,903
-175
| -1% | -$74K |
|
1067
Installed Building Products
IBP
$7.44B
| $5.45M | ﹤0.01% |
+21,051
| New | +$5.45M |
|
1068
Q2 Holdings
QTWO
$4.92B
| $5.44M | ﹤0.01% |
103,502
+4,441
| +4% | +$233K |
|
1069
Frontdoor
FTDR
$4.59B
| $5.41M | ﹤0.01% |
166,176
-6,956
| -4% | -$227K |
|
1070
Madrigal Pharmaceuticals
MDGL
$9.65B
| $5.39M | ﹤0.01% |
20,190
| – | – |
|
1071
Doximity
DOCS
$13B
| $5.36M | ﹤0.01% |
199,354
-7,224
| -3% | -$194K |
|
1072
Medical Properties Trust
MPW
$2.77B
| $5.35M | ﹤0.01% |
1,138,725
+1,340
| +0.1% | +$6.3K |
|
1073
GlobalFoundries
GFS
$18.5B
| $5.31M | ﹤0.01% |
101,931
-5,717
| -5% | -$298K |
|
1074
Kemper
KMPR
$3.39B
| $5.28M | ﹤0.01% |
85,349
-35,318
| -29% | -$2.19M |
|
1075
Adient
ADNT
$2B
| $5.25M | ﹤0.01% |
159,455
-3,927
| -2% | -$129K |
|