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 | |
|---|---|---|---|---|---|---|
1076
Helmerich & Payne
HP
$2.08B
| $5.29M | ﹤0.01% |
173,963
+14,861
| +9% | +$452K |
|
1077
Shake Shack
SHAK
$4.27B
| $5.28M | ﹤0.01% |
51,169
+755
| +1% | +$77.9K |
|
1078
Spectrum Brands
SPB
$1.38B
| $5.28M | ﹤0.01% |
55,508
-9,852
| -15% | -$937K |
|
1079
Douglas Emmett
DEI
$2.71B
| $5.19M | ﹤0.01% |
295,223
-22,790
| -7% | -$400K |
|
1080
Walker & Dunlop
WD
$2.9B
| $5.19M | ﹤0.01% |
45,663
+3,314
| +8% | +$376K |
|
1081
First Hawaiian
FHB
$3.23B
| $5.17M | ﹤0.01% |
223,212
-9,495
| -4% | -$220K |
|
1082
LivaNova
LIVN
$3.08B
| $5.16M | ﹤0.01% |
98,260
-6,310
| -6% | -$332K |
|
1083
GlobalFoundries
GFS
$18.5B
| $5.11M | ﹤0.01% |
126,988
+24,889
| +24% | +$1M |
|
1084
Hilton Grand Vacations
HGV
$4.24B
| $5.1M | ﹤0.01% |
140,403
-8,864
| -6% | -$322K |
|
1085
Marriott Vacations Worldwide
VAC
$2.7B
| $5.07M | ﹤0.01% |
69,002
+1,118
| +2% | +$82.2K |
|
1086
CRISPR Therapeutics
CRSP
$4.71B
| $5.02M | ﹤0.01% |
106,856
-36,284
| -25% | -$1.7M |
|
1087
Newell Brands
NWL
$2.48B
| $5.01M | ﹤0.01% |
652,506
+8,432
| +1% | +$64.8K |
|
1088
Crane NXT
CXT
$3.43B
| $5.01M | ﹤0.01% |
89,219
-4,201
| -4% | -$236K |
|
1089
RingCentral
RNG
$2.76B
| $4.99M | ﹤0.01% |
157,766
+6,409
| +4% | +$203K |
|
1090
StoneCo
STNE
$4.41B
| $4.95M | ﹤0.01% |
440,030
-94,373
| -18% | -$1.06M |
|
1091
Clarivate
CLVT
$2.92B
| $4.9M | ﹤0.01% |
690,833
-121,631
| -15% | -$864K |
|
1092
Resideo Technologies
REZI
$5.07B
| $4.88M | ﹤0.01% |
242,382
-11,989
| -5% | -$241K |
|
1093
Lucid Motors
LCID
$6.08B
| $4.85M | ﹤0.01% |
1,373,119
+55,723
| +4% | +$197K |
|
1094
nCino
NCNO
$3.72B
| $4.79M | ﹤0.01% |
151,645
+15,482
| +11% | +$489K |
|
1095
Neogen
NEOG
$1.25B
| $4.75M | ﹤0.01% |
282,325
-1,160
| -0.4% | -$19.5K |
|
1096
Madrigal Pharmaceuticals
MDGL
$9.76B
| $4.73M | ﹤0.01% |
22,295
+33
| +0.1% | +$7K |
|
1097
Blackstone Mortgage Trust
BXMT
$3.36B
| $4.63M | ﹤0.01% |
243,763
-76,996
| -24% | -$1.46M |
|
1098
RXO
RXO
$2.68B
| $4.54M | ﹤0.01% |
162,207
-32,398
| -17% | -$907K |
|
1099
Diodes
DIOD
$2.53B
| $4.47M | ﹤0.01% |
69,698
-15,518
| -18% | -$995K |
|
1100
Concentrix
CNXC
$3.33B
| $4.46M | ﹤0.01% |
87,026
-1,115
| -1% | -$57.1K |
|