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 |
Vanguard S&P 500 ETF
VOO
|
$9.2B |
| 2 |
Apple
AAPL
|
$199M |
| 3 |
NextEra Energy, Inc.
NEE
|
$180M |
| 4 |
Texas Instruments
TXN
|
$102M |
| 5 |
Costco
COST
|
$96.9M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$192M |
| 3 |
Amazon
AMZN
|
$188M |
| 4 |
Applied Materials
AMAT
|
$163M |
| 5 |
Meta Platforms (Facebook)
META
|
$142M |
Sector Composition
| 1 | Technology | 32.39% |
| 2 | Financials | 12.4% |
| 3 | Healthcare | 10.11% |
| 4 | Consumer Discretionary | 8.73% |
| 5 | Communication Services | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
CenterPoint Energy
CNP
$24.5B
| $92.8M | 0.06% |
2,924,792
+47,305
| +2% | +$1.5M |
|
252
Digital Realty Trust
DLR
$55.5B
| $92M | 0.06% |
518,946
-12,856
| -2% | -$2.28M |
|
253
Clorox
CLX
$15.2B
| $91.9M | 0.06% |
565,810
+6,987
| +1% | +$1.13M |
|
254
CMS Energy
CMS
$21.4B
| $91.6M | 0.06% |
1,374,324
+24,399
| +2% | +$1.63M |
|
255
Truist Financial
TFC
$60.7B
| $91.5M | 0.06% |
2,110,261
-236,823
| -10% | -$10.3M |
|
256
Royal Caribbean
RCL
$97.8B
| $91.2M | 0.06% |
395,121
-26,742
| -6% | -$6.17M |
|
257
Marathon Petroleum
MPC
$54.4B
| $90.3M | 0.06% |
647,595
-60,435
| -9% | -$8.43M |
|
258
Carrier Global
CARR
$54.1B
| $89.3M | 0.06% |
1,307,728
-102,403
| -7% | -$6.99M |
|
259
Freeport-McMoran
FCX
$66.1B
| $86.7M | 0.06% |
2,276,626
-149,460
| -6% | -$5.69M |
|
260
Darden Restaurants
DRI
$24.5B
| $86.1M | 0.06% |
461,200
-5,854
| -1% | -$1.09M |
|
261
Fair Isaac
FICO
$36.5B
| $84.2M | 0.06% |
42,305
-1,823
| -4% | -$3.63M |
|
262
W.R. Berkley
WRB
$27.7B
| $84M | 0.06% |
1,435,630
-47,235
| -3% | -$2.76M |
|
263
Cummins
CMI
$55.2B
| $83.9M | 0.06% |
240,543
-14,227
| -6% | -$4.96M |
|
264
SBA Communications
SBAC
$21B
| $83.8M | 0.06% |
410,984
-3,163
| -0.8% | -$645K |
|
265
Trade Desk
TTD
$25.4B
| $82.9M | 0.06% |
705,065
-61,732
| -8% | -$7.26M |
|
266
Agilent Technologies
A
$36.4B
| $82.8M | 0.06% |
616,410
-30,923
| -5% | -$4.15M |
|
267
MetLife
MET
$54.4B
| $82.8M | 0.06% |
1,010,794
-66,087
| -6% | -$5.41M |
|
268
Ametek
AME
$43.4B
| $82.7M | 0.06% |
458,713
-12,213
| -3% | -$2.2M |
|
269
Factset
FDS
$14B
| $82.2M | 0.06% |
171,187
-2,423
| -1% | -$1.16M |
|
270
Vistra
VST
$64.3B
| $81.7M | 0.05% |
592,695
-66,912
| -10% | -$9.23M |
|
271
Labcorp
LH
$22.9B
| $80.8M | 0.05% |
352,439
+1,001
| +0.3% | +$230K |
|
272
VeriSign
VRSN
$25.9B
| $80.1M | 0.05% |
386,815
-2,380
| -0.6% | -$493K |
|
273
Copart
CPRT
$48.3B
| $80M | 0.05% |
1,394,296
-104,451
| -7% | -$5.99M |
|
274
Air Products & Chemicals
APD
$64.5B
| $79.6M | 0.05% |
274,560
-287,851
| -51% | -$83.5M |
|
275
American International
AIG
$45.3B
| $79.6M | 0.05% |
1,093,852
-116,536
| -10% | -$8.48M |
|