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 |
Meta Platforms (Facebook)
META
|
$234M |
| 2 |
NVIDIA
NVDA
|
$197M |
| 3 |
Costco
COST
|
$174M |
| 4 |
Home Depot
HD
|
$157M |
| 5 |
Airbnb
ABNB
|
$137M |
Top Sells
| 1 |
Amazon
AMZN
|
$432M |
| 2 |
Microsoft
MSFT
|
$271M |
| 3 |
Merck
MRK
|
$261M |
| 4 |
Walt Disney
DIS
|
$232M |
| 5 |
Texas Instruments
TXN
|
$201M |
Sector Composition
| 1 | Technology | 31% |
| 2 | Healthcare | 13.61% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
VeriSign
VRSN
$26.2B
| $99.2M | 0.07% |
523,503
-36,125
| -6% | -$6.85M |
|
252
Ametek
AME
$43.3B
| $97.7M | 0.07% |
534,271
-8,413
| -2% | -$1.54M |
|
253
Labcorp
LH
$23.2B
| $97.3M | 0.07% |
445,204
-7,227
| -2% | -$1.58M |
|
254
BioMarin Pharmaceuticals
BMRN
$11.1B
| $96.5M | 0.07% |
1,105,016
-44,660
| -4% | -$3.9M |
|
255
Akamai
AKAM
$11.3B
| $96.2M | 0.07% |
884,665
-65,941
| -7% | -$7.17M |
|
256
General Motors
GM
$55.5B
| $95.8M | 0.07% |
2,112,902
-392,632
| -16% | -$17.8M |
|
257
D.R. Horton
DHI
$54.2B
| $95M | 0.07% |
577,420
-23,488
| -4% | -$3.86M |
|
258
Dow Inc
DOW
$17.4B
| $94.4M | 0.07% |
1,629,649
+328,719
| +25% | +$19M |
|
259
Hilton Worldwide
HLT
$64B
| $94.4M | 0.07% |
442,552
-19,789
| -4% | -$4.22M |
|
260
Everest Group
EG
$14.3B
| $94.2M | 0.07% |
236,864
+71,808
| +44% | +$28.5M |
|
261
Truist Financial
TFC
$60B
| $94.1M | 0.07% |
2,413,189
-26,865
| -1% | -$1.05M |
|
262
Air Products & Chemicals
APD
$64.5B
| $94M | 0.07% |
387,968
-14,067
| -3% | -$3.41M |
|
263
Simon Property Group
SPG
$59.5B
| $93.9M | 0.07% |
599,846
-19,157
| -3% | -$3M |
|
264
Ford
F
$46.7B
| $93.4M | 0.07% |
7,036,230
-141,927
| -2% | -$1.88M |
|
265
DexCom
DXCM
$31.6B
| $93.1M | 0.07% |
671,224
-20,458
| -3% | -$2.84M |
|
266
Keysight
KEYS
$28.9B
| $92.7M | 0.07% |
592,661
-64,118
| -10% | -$10M |
|
267
Check Point Software Technologies
CHKP
$20.7B
| $92.5M | 0.07% |
563,866
-21,131
| -4% | -$3.47M |
|
268
Factset
FDS
$14B
| $92.1M | 0.06% |
202,682
-3,392
| -2% | -$1.54M |
|
269
Welltower
WELL
$112B
| $91.7M | 0.06% |
981,591
+4,229
| +0.4% | +$395K |
|
270
Quest Diagnostics
DGX
$20.5B
| $91.7M | 0.06% |
688,551
-20,914
| -3% | -$2.78M |
|
271
Nucor
NUE
$33.8B
| $91.2M | 0.06% |
460,963
-20,254
| -4% | -$4.01M |
|
272
Super Micro Computer
SMCI
$24B
| $90.9M | 0.06% |
899,640
-4,710
| -0.5% | -$476K |
|
273
Darden Restaurants
DRI
$24.5B
| $90.9M | 0.06% |
543,610
-10,111
| -2% | -$1.69M |
|
274
Copart
CPRT
$47B
| $89.6M | 0.06% |
1,547,519
-65,190
| -4% | -$3.78M |
|
275
Manhattan Associates
MANH
$13B
| $89.3M | 0.06% |
356,728
-4,748
| -1% | -$1.19M |
|