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 | |
|---|---|---|---|---|---|---|
276
Cooper Companies
COO
$13.7B
| $89.1M | 0.06% |
878,322
-7,854
| -0.9% | -$797K |
|
277
United Rentals
URI
$62.4B
| $88.8M | 0.06% |
123,212
-4,201
| -3% | -$3.03M |
|
278
Snowflake
SNOW
$75.6B
| $88.8M | 0.06% |
549,481
-17,649
| -3% | -$2.85M |
|
279
Ross Stores
ROST
$49.6B
| $88.1M | 0.06% |
600,444
-25,511
| -4% | -$3.74M |
|
280
Kellanova
K
$27.6B
| $87.6M | 0.06% |
1,529,413
-88,444
| -5% | -$5.07M |
|
281
Sysco
SYY
$39B
| $87.4M | 0.06% |
1,076,566
+135,385
| +14% | +$11M |
|
282
Biogen
BIIB
$20.7B
| $87.2M | 0.06% |
404,419
+41,210
| +11% | +$8.89M |
|
283
Microchip Technology
MCHP
$35.2B
| $87.2M | 0.06% |
971,875
-53,377
| -5% | -$4.79M |
|
284
Carrier Global
CARR
$55.8B
| $87.1M | 0.06% |
1,498,463
-35,126
| -2% | -$2.04M |
|
285
Agilent Technologies
A
$36.3B
| $86.9M | 0.06% |
597,553
-21,776
| -4% | -$3.17M |
|
286
Williams Companies
WMB
$69.4B
| $86.7M | 0.06% |
2,225,504
+13,973
| +0.6% | +$545K |
|
287
Hartford Financial Services
HIG
$36.7B
| $85.8M | 0.06% |
832,261
+258,738
| +45% | +$26.7M |
|
288
IQVIA
IQV
$31.9B
| $84.5M | 0.06% |
334,079
-11,876
| -3% | -$3M |
|
289
MetLife
MET
$52.9B
| $83.8M | 0.06% |
1,130,887
-54,599
| -5% | -$4.05M |
|
290
Conagra Brands
CAG
$9.32B
| $83.4M | 0.06% |
2,815,414
-153,665
| -5% | -$4.55M |
|
291
SS&C Technologies
SSNC
$21.7B
| $83.2M | 0.06% |
1,293,170
-11,006
| -0.8% | -$708K |
|
292
Bank of New York Mellon
BK
$73.4B
| $82.2M | 0.06% |
1,427,051
-57,428
| -4% | -$3.31M |
|
293
Ameriprise Financial
AMP
$46.4B
| $81.9M | 0.06% |
186,696
-8,586
| -4% | -$3.76M |
|
294
Oneok
OKE
$44.9B
| $81.8M | 0.06% |
1,019,737
+14,833
| +1% | +$1.19M |
|
295
Fidelity National Information Services
FIS
$36B
| $81.5M | 0.06% |
1,099,305
-929,084
| -46% | -$68.9M |
|
296
Coinbase
COIN
$77.6B
| $80.5M | 0.06% |
303,620
-1,376
| -0.5% | -$365K |
|
297
Lennar Class A
LEN
$36.9B
| $80.5M | 0.06% |
483,370
-18,060
| -4% | -$3.01M |
|
298
Idexx Laboratories
IDXX
$52.2B
| $80.4M | 0.06% |
148,862
-4,537
| -3% | -$2.45M |
|
299
Old Dominion Freight Line
ODFL
$31.8B
| $80.2M | 0.06% |
365,846
-10,008
| -3% | -$2.19M |
|
300
Monster Beverage
MNST
$61.5B
| $80.2M | 0.06% |
1,352,379
-67,732
| -5% | -$4.02M |
|