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 |
Texas Instruments
TXN
|
$139M |
| 2 |
IBM
IBM
|
$71.2M |
| 3 |
Tesla
TSLA
|
$63.6M |
| 4 |
McKesson
MCK
|
$58.3M |
| 5 |
GE HealthCare
GEHC
|
$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
$1.15B |
| 2 |
Microsoft
MSFT
|
$401M |
| 3 |
Amazon
AMZN
|
$354M |
| 4 |
NVIDIA
NVDA
|
$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1126
Insmed
INSM
$28.8B
| $3.91M | ﹤0.01% |
229,598
-6,805
| -3% | -$116K |
|
1127
Arrowhead Research
ARWR
$3.05B
| $3.91M | ﹤0.01% |
154,059
-77,134
| -33% | -$1.96M |
|
1128
Agilon Health
AGL
$530M
| $3.91M | ﹤0.01% |
+164,701
| New | +$3.91M |
|
1129
Viasat
VSAT
$4.34B
| $3.9M | ﹤0.01% |
115,238
-20,303
| -15% | -$687K |
|
1130
Canadian Solar
CSIQ
$655M
| $3.87M | ﹤0.01% |
97,132
-15,585
| -14% | -$620K |
|
1131
Independent Bank
INDB
$3.57B
| $3.8M | ﹤0.01% |
57,971
+5,656
| +11% | +$371K |
|
|
JKS
1132
JinkoSolar
JKS
$1.19B
| $3.8M | ﹤0.01% |
74,508
-12,255
| -14% | -$625K |
|
1133
RingCentral
RNG
$2.76B
| $3.79M | ﹤0.01% |
123,681
-30,805
| -20% | -$945K |
|
1134
Autohome
ATHM
$3.42B
| $3.78M | ﹤0.01% |
113,035
-18,161
| -14% | -$608K |
|
|
ETRN
1135
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $3.76M | ﹤0.01% |
650,937
+50,630
| +8% | +$293K |
|
1136
TripAdvisor
TRIP
$2.02B
| $3.73M | ﹤0.01% |
188,066
-45,797
| -20% | -$910K |
|
1137
Bankunited
BKU
$2.95B
| $3.72M | ﹤0.01% |
164,961
-30,574
| -16% | -$690K |
|
1138
Tandem Diabetes Care
TNDM
$845M
| $3.7M | ﹤0.01% |
91,206
-27,152
| -23% | -$1.1M |
|
1139
Coty
COTY
$3.73B
| $3.67M | ﹤0.01% |
+304,318
| New | +$3.67M |
|
1140
Affirm
AFRM
$28.8B
| $3.67M | ﹤0.01% |
325,534
-35,910
| -10% | -$405K |
|
1141
Doximity
DOCS
$12.7B
| $3.66M | ﹤0.01% |
+112,965
| New | +$3.66M |
|
1142
Insperity
NSP
$2.08B
| $3.64M | ﹤0.01% |
29,958
+7,168
| +31% | +$871K |
|
1143
Xerox
XRX
$501M
| $3.59M | ﹤0.01% |
232,798
-42,982
| -16% | -$662K |
|
1144
JetBlue
JBLU
$1.95B
| $3.56M | ﹤0.01% |
488,681
-200,803
| -29% | -$1.46M |
|
1145
AMC Entertainment Holdings
AMC
$1.44B
| $3.56M | ﹤0.01% |
709,849
-246,286
| -26% | -$1.23M |
|
1146
Chegg
CHGG
$159M
| $3.56M | ﹤0.01% |
218,171
-56,159
| -20% | -$915K |
|
|
JWN
1147
DELISTED
Nordstrom
JWN
| $3.53M | ﹤0.01% |
217,098
-27,560
| -11% | -$448K |
|
|
JBGS
1148
JBG SMITH
JBGS
$1.32B
| $3.49M | ﹤0.01% |
231,963
-50,084
| -18% | -$754K |
|
|
FRC
1149
DELISTED
First Republic Bank
FRC
| $3.46M | ﹤0.01% |
247,453
-153,837
| -38% | -$2.15M |
|
1150
Helen of Troy
HELE
$564M
| $3.46M | ﹤0.01% |
36,313
-17,747
| -33% | -$1.69M |
|