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 | |
|---|---|---|---|---|---|---|
1051
Silicon Laboratories
SLAB
$4.43B
| $5.51M | ﹤0.01% |
49,782
-8,273
| -14% | -$915K |
|
1052
Sensient Technologies
SXT
$4.79B
| $5.47M | ﹤0.01% |
73,740
+948
| +1% | +$70.3K |
|
1053
Texas Capital Bancshares
TCBI
$3.99B
| $5.43M | ﹤0.01% |
88,816
-3,984
| -4% | -$244K |
|
1054
Spirit AeroSystems
SPR
$4.84B
| $5.42M | ﹤0.01% |
164,844
+12,026
| +8% | +$395K |
|
1055
Choice Hotels
CHH
$5.42B
| $5.41M | ﹤0.01% |
45,429
-12,022
| -21% | -$1.43M |
|
1056
CNO Financial Group
CNO
$3.92B
| $5.38M | ﹤0.01% |
194,214
-14,960
| -7% | -$415K |
|
1057
BlackLine
BL
$3.28B
| $5.34M | ﹤0.01% |
110,304
+9,239
| +9% | +$448K |
|
1058
Community Bank
CBU
$3.21B
| $5.33M | ﹤0.01% |
113,005
+11,089
| +11% | +$524K |
|
1059
Champion Homes, Inc.
SKY
$4.46B
| $5.32M | ﹤0.01% |
78,542
-22,425
| -22% | -$1.52M |
|
1060
H.B. Fuller
FUL
$3.31B
| $5.29M | ﹤0.01% |
68,743
+3,052
| +5% | +$235K |
|
1061
RH
RH
$4.41B
| $5.26M | ﹤0.01% |
21,527
-6,571
| -23% | -$1.61M |
|
1062
Highwoods Properties
HIW
$3.38B
| $5.22M | ﹤0.01% |
198,683
+1,008
| +0.5% | +$26.5K |
|
1063
Coty
COTY
$3.82B
| $5.16M | ﹤0.01% |
515,180
-123,251
| -19% | -$1.23M |
|
1064
GlobalFoundries
GFS
$18.5B
| $5.16M | ﹤0.01% |
102,099
+168
| +0.2% | +$8.49K |
|
1065
PENN Entertainment
PENN
$2.87B
| $5.15M | ﹤0.01% |
266,027
+15,071
| +6% | +$292K |
|
1066
Frontdoor
FTDR
$4.61B
| $5.13M | ﹤0.01% |
151,828
-14,348
| -9% | -$485K |
|
1067
RXO
RXO
$2.68B
| $5.09M | ﹤0.01% |
194,605
+467
| +0.2% | +$12.2K |
|
1068
Resideo Technologies
REZI
$5.23B
| $4.98M | ﹤0.01% |
254,371
+657
| +0.3% | +$12.9K |
|
1069
ICU Medical
ICUI
$3.1B
| $4.96M | ﹤0.01% |
41,790
+3,121
| +8% | +$371K |
|
1070
Azenta
AZTA
$1.35B
| $4.95M | ﹤0.01% |
94,162
-1,026
| -1% | -$54K |
|
1071
Brighthouse Financial
BHF
$2.53B
| $4.9M | ﹤0.01% |
113,011
-5,577
| -5% | -$242K |
|
|
UCB
1072
United Community Banks, Inc.
UCB
$4.08B
| $4.87M | ﹤0.01% |
191,110
+782
| +0.4% | +$19.9K |
|
1073
First Hawaiian
FHB
$3.26B
| $4.83M | ﹤0.01% |
232,707
+865
| +0.4% | +$18K |
|
1074
IPG Photonics
IPGP
$3.48B
| $4.83M | ﹤0.01% |
57,210
-5,749
| -9% | -$485K |
|
1075
Ormat Technologies
ORA
$5.54B
| $4.78M | ﹤0.01% |
66,633
-24,889
| -27% | -$1.78M |
|