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 |
NVIDIA
NVDA
|
$584M |
| 2 |
Tesla
TSLA
|
$574M |
| 3 |
Microsoft
MSFT
|
$567M |
| 4 |
Apple
AAPL
|
$290M |
| 5 |
Chevron
CVX
|
$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
$114M |
| 3 |
Verizon
VZ
|
$113M |
| 4 |
Oracle
ORCL
|
$106M |
| 5 |
Mastercard
MA
|
$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1126
H.B. Fuller
FUL
$3.37B
| $3.63M | ﹤0.01% |
52,922
+27,858
| +111% | +$1.91M |
|
1127
Madrigal Pharmaceuticals
MDGL
$9.65B
| $3.63M | ﹤0.01% |
24,858
+5,221
| +27% | +$762K |
|
1128
Ultragenyx Pharmaceutical
RARE
$3.07B
| $3.62M | ﹤0.01% |
101,672
| – | – |
|
|
BECN
1129
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $3.56M | ﹤0.01% |
+46,182
| New | +$3.56M |
|
1130
Q2 Holdings
QTWO
$4.92B
| $3.4M | ﹤0.01% |
105,320
+14,155
| +16% | +$457K |
|
1131
PagerDuty
PD
$1.54B
| $3.39M | ﹤0.01% |
150,906
+4,335
| +3% | +$97.5K |
|
1132
Ambarella
AMBA
$3.54B
| $3.35M | ﹤0.01% |
63,220
+9,820
| +18% | +$521K |
|
1133
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.81B
| $3.35M | ﹤0.01% |
218,039
+3,047
| +1% | +$46.8K |
|
1134
Autohome
ATHM
$3.39B
| $3.34M | ﹤0.01% |
110,055
+3,122
| +3% | +$94.8K |
|
1135
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$3.51B
| $3.18M | ﹤0.01% |
149,985
+12,336
| +9% | +$262K |
|
|
JWN
1136
DELISTED
Nordstrom
JWN
| $3.17M | ﹤0.01% |
212,055
| – | – |
|
1137
Appian
APPN
$2.26B
| $3.11M | ﹤0.01% |
68,091
| – | – |
|
1138
Bank of Hawaii
BOH
$2.72B
| $3.07M | ﹤0.01% |
61,704
-13,439
| -18% | -$668K |
|
1139
Omnicell
OMCL
$1.47B
| $3.05M | ﹤0.01% |
67,621
-2,936
| -4% | -$132K |
|
1140
nCino
NCNO
$3.52B
| $3.04M | ﹤0.01% |
95,580
| – | – |
|
1141
Independent Bank
INDB
$3.55B
| $3.03M | ﹤0.01% |
61,648
+4,607
| +8% | +$226K |
|
1142
Aaon
AAON
$6.62B
| $3.02M | ﹤0.01% |
+53,104
| New | +$3.02M |
|
1143
QuantumScape
QS
$4.44B
| $2.99M | ﹤0.01% |
446,427
+84,982
| +24% | +$569K |
|
1144
GameStop
GME
$10.1B
| $2.97M | ﹤0.01% |
180,331
-1,859
| -1% | -$30.6K |
|
|
DQ
1145
Daqo New Energy
DQ
$1.96B
| $2.94M | ﹤0.01% |
97,029
-3,164
| -3% | -$95.8K |
|
1146
Mercury Systems
MRCY
$4.13B
| $2.92M | ﹤0.01% |
78,648
-8,947
| -10% | -$332K |
|
1147
ServisFirst Bancshares
SFBS
$4.78B
| $2.9M | ﹤0.01% |
55,524
+5,159
| +10% | +$269K |
|
1148
STAAR Surgical
STAA
$1.38B
| $2.84M | ﹤0.01% |
70,788
| – | – |
|
1149
Viasat
VSAT
$3.98B
| $2.76M | ﹤0.01% |
149,446
+41,656
| +39% | +$769K |
|
1150
Cracker Barrel
CBRL
$1.18B
| $2.75M | ﹤0.01% |
40,906
| – | – |
|