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 | |
|---|---|---|---|---|---|---|
226
Tyler Technologies
TYL
$24.4B
| $113M | 0.08% |
193,828
-12,384
| -6% | -$7.23M |
|
227
FirstEnergy
FE
$25.2B
| $111M | 0.08% |
2,510,605
-214,457
| -8% | -$9.51M |
|
228
PPL Corp
PPL
$27B
| $111M | 0.08% |
3,364,955
-161,974
| -5% | -$5.36M |
|
229
FedEx
FDX
$54.5B
| $111M | 0.08% |
404,324
-3,448
| -0.8% | -$944K |
|
230
Eversource Energy
ES
$23.8B
| $110M | 0.08% |
1,620,580
+24,607
| +2% | +$1.67M |
|
231
PACCAR
PCAR
$52.5B
| $109M | 0.08% |
1,108,380
+52,933
| +5% | +$5.22M |
|
232
Ameren
AEE
$27B
| $108M | 0.08% |
1,237,119
-63,901
| -5% | -$5.59M |
|
233
Capital One
COF
$145B
| $108M | 0.08% |
720,071
+3,904
| +0.5% | +$585K |
|
234
CrowdStrike
CRWD
$106B
| $108M | 0.08% |
384,305
+1,405
| +0.4% | +$394K |
|
235
Leidos
LDOS
$23.2B
| $107M | 0.08% |
658,684
-11,247
| -2% | -$1.83M |
|
236
Emerson Electric
EMR
$74.3B
| $107M | 0.07% |
979,549
-2,782
| -0.3% | -$304K |
|
237
GoDaddy
GDDY
$20.5B
| $107M | 0.07% |
680,430
-37,758
| -5% | -$5.92M |
|
238
Cheniere Energy
LNG
$53.1B
| $104M | 0.07% |
577,486
+4,777
| +0.8% | +$859K |
|
239
Newmont
NEM
$81.7B
| $103M | 0.07% |
1,928,406
-32,541
| -2% | -$1.74M |
|
240
Marvell Technology
MRVL
$54.2B
| $103M | 0.07% |
1,423,587
+283,701
| +25% | +$20.5M |
|
241
Phillips 66
PSX
$54B
| $101M | 0.07% |
769,832
-32,701
| -4% | -$4.3M |
|
242
Truist Financial
TFC
$60.4B
| $100M | 0.07% |
2,347,084
-19,494
| -0.8% | -$834K |
|
243
D.R. Horton
DHI
$50.5B
| $100M | 0.07% |
524,291
-125,470
| -19% | -$23.9M |
|
244
SBA Communications
SBAC
$22B
| $99.7M | 0.07% |
414,147
-28,988
| -7% | -$6.98M |
|
245
Hilton Worldwide
HLT
$64.9B
| $99.1M | 0.07% |
429,823
-9,191
| -2% | -$2.12M |
|
246
Kellanova
K
$27.6B
| $99M | 0.07% |
1,226,135
-51,292
| -4% | -$4.14M |
|
247
PTC
PTC
$25.6B
| $98.9M | 0.07% |
547,194
-26,733
| -5% | -$4.83M |
|
248
Seagate
STX
$35.6B
| $98.4M | 0.07% |
898,689
-31,388
| -3% | -$3.44M |
|
249
Simon Property Group
SPG
$59B
| $98.4M | 0.07% |
582,296
-27,586
| -5% | -$4.66M |
|
250
Booz Allen Hamilton
BAH
$13.4B
| $97.6M | 0.07% |
599,615
-35,699
| -6% | -$5.81M |
|