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 | |
|---|---|---|---|---|---|---|
1151
IPG Photonics
IPGP
$3.45B
| – | – | -57,210 | Closed | -$4.83M |
|
1152
iRhythm Technologies
IRTC
$5.46B
| – | – | -44,235 | Closed | -$4.76M |
|
1153
Quaker Houghton
KWR
$2.52B
| – | – | -33,212 | Closed | -$5.64M |
|
1154
Leggett & Platt
LEG
$1.3B
| – | – | -242,999 | Closed | -$2.78M |
|
1155
Intellia Therapeutics
NTLA
$1.22B
| – | – | -127,435 | Closed | -$2.85M |
|
1156
PagerDuty
PD
$1.54B
| – | – | -153,638 | Closed | -$3.52M |
|
1157
Premier
PINC
$2.14B
| – | – | -522,208 | Closed | -$9.75M |
|
1158
Plug Power
PLUG
$1.81B
| – | – | -774,830 | Closed | -$1.81M |
|
1159
Adient
ADNT
$2.01B
| – | – | -168,569 | Closed | -$4.17M |
|
1160
AMN Healthcare
AMN
$796M
| – | – | -78,019 | Closed | -$4M |
|
1161
BCE
BCE
$23.3B
| – | – | 0 | – | – |
|
1162
Cable One
CABO
$909M
| – | – | -13,050 | Closed | -$4.62M |
|
1163
Avis
CAR
$5.57B
| – | – | -25,437 | Closed | -$2.66M |
|
1164
CONMED
CNMD
$1.68B
| – | – | -43,123 | Closed | -$2.99M |
|
1165
Carter's
CRI
$1.04B
| – | – | -70,303 | Closed | -$4.36M |
|
1166
JetBlue
JBLU
$1.95B
| – | – | -478,695 | Closed | -$2.92M |
|
|
JWN
1167
DELISTED
Nordstrom
JWN
| – | – | -184,075 | Closed | -$3.91M |
|
1168
Kohl's
KSS
$1.69B
| – | – | -199,519 | Closed | -$4.59M |
|
1169
Papa John's
PZZA
$1.6B
| – | – | -56,657 | Closed | -$2.66M |
|
1170
QuantumScape
QS
$4.49B
| – | – | -446,606 | Closed | -$2.2M |
|
1171
Rapid7
RPD
$1.34B
| – | – | -107,306 | Closed | -$4.64M |
|
1172
SolarEdge
SEDG
$2.01B
| – | – | -74,645 | Closed | -$1.89M |
|
1173
SiriusXM
SIRI
$7.96B
| – | – | -1,166,496 | Closed | -$3.3M |
|
1174
Sprout Social
SPT
$929M
| – | – | -69,003 | Closed | -$2.46M |
|
1175
Teladoc Health
TDOC
$1.37B
| – | – | -274,260 | Closed | -$2.68M |
|