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
|
$894M |
| 2 |
UnitedHealth
UNH
|
$430M |
| 3 |
Intel
INTC
|
$409M |
| 4 |
Amazon
AMZN
|
$352M |
| 5 |
Broadcom
AVGO
|
$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
$415M |
| 2 |
Microsoft
MSFT
|
$275M |
| 3 |
VMW
VMware, Inc
VMW
|
$221M |
| 4 |
JPMorgan Chase
JPM
|
$146M |
| 5 |
Verizon
VZ
|
$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
Conagra Brands
CAG
$9.23B
| $85.1M | 0.06% |
2,969,079
-12,752
| -0.4% | -$365K |
|
277
Edwards Lifesciences
EW
$47.5B
| $85M | 0.06% |
1,114,266
-33,175
| -3% | -$2.53M |
|
278
Hilton Worldwide
HLT
$64B
| $84.2M | 0.06% |
462,341
-19,890
| -4% | -$3.62M |
|
279
Cooper Companies
COO
$13.5B
| $83.8M | 0.06% |
886,176
-1,448
| -0.2% | -$137K |
|
280
W.R. Berkley
WRB
$27.3B
| $83.8M | 0.06% |
1,776,611
+54,669
| +3% | +$2.58M |
|
281
Nucor
NUE
$33.8B
| $83.8M | 0.06% |
481,217
-22,782
| -5% | -$3.96M |
|
282
VICI Properties
VICI
$35.8B
| $82.5M | 0.06% |
2,587,851
+176,231
| +7% | +$5.62M |
|
283
Monster Beverage
MNST
$61B
| $81.8M | 0.06% |
1,420,111
-46,786
| -3% | -$2.7M |
|
284
Alliant Energy
LNT
$16.6B
| $81.2M | 0.06% |
1,582,923
-17,949
| -1% | -$921K |
|
285
IQVIA
IQV
$31.9B
| $80M | 0.06% |
345,955
-11,672
| -3% | -$2.7M |
|
286
MSCI
MSCI
$42.9B
| $80M | 0.06% |
141,429
-6,625
| -4% | -$3.75M |
|
287
J.M. Smucker
SJM
$12B
| $79.9M | 0.06% |
632,208
-10,313
| -2% | -$1.3M |
|
288
SS&C Technologies
SSNC
$21.7B
| $79.7M | 0.06% |
1,304,176
-2,740
| -0.2% | -$167K |
|
289
Extra Space Storage
EXR
$31.3B
| $79.6M | 0.06% |
496,509
-16,670
| -3% | -$2.67M |
|
290
Gen Digital
GEN
$18.2B
| $79.5M | 0.06% |
3,482,696
-45,302
| -1% | -$1.03M |
|
291
Copart
CPRT
$47B
| $79M | 0.06% |
1,612,709
-44,985
| -3% | -$2.2M |
|
292
Cheniere Energy
LNG
$51.8B
| $78.5M | 0.06% |
459,711
-12,256
| -3% | -$2.09M |
|
293
MetLife
MET
$52.9B
| $78.4M | 0.06% |
1,185,486
-56,024
| -5% | -$3.7M |
|
294
Manhattan Associates
MANH
$13B
| $77.8M | 0.06% |
361,476
+8,811
| +2% | +$1.9M |
|
295
Neurocrine Biosciences
NBIX
$14.3B
| $77.3M | 0.06% |
586,950
-5,035
| -0.9% | -$663K |
|
296
Bank of New York Mellon
BK
$73.1B
| $77.3M | 0.06% |
1,484,479
-74,940
| -5% | -$3.9M |
|
297
Arch Capital
ACGL
$34.1B
| $77.1M | 0.06% |
1,038,179
+349,416
| +51% | +$26M |
|
298
Williams Companies
WMB
$69.9B
| $77M | 0.06% |
2,211,531
-60,414
| -3% | -$2.1M |
|
299
Old Dominion Freight Line
ODFL
$31.7B
| $76.2M | 0.06% |
375,854
-10,238
| -3% | -$2.07M |
|
300
Jack Henry & Associates
JKHY
$11.8B
| $76.1M | 0.06% |
465,501
-3,892
| -0.8% | -$636K |
|