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 |
Alphabet (Google) Class A
GOOGL
|
+$200M |
| 2 |
Apple
AAPL
|
+$164M |
| 3 |
Accenture
ACN
|
+$133M |
| 4 |
KLA
KLAC
|
+$115M |
| 5 |
Autodesk
ADSK
|
+$114M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$1.72B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
+$505M |
| 3 |
Costco
COST
|
+$422M |
| 4 |
Home Depot
HD
|
+$348M |
| 5 |
Bank of America
BAC
|
+$259M |
Sector Composition
| 1 | Technology | 33.69% |
| 2 | Healthcare | 12.79% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 9.4% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
Spotify
SPOT
$142B
| $80.1M | 0.06% |
255,188
+1,597
| +0.6% | +$501K |
|
277
Marvell Technology
MRVL
$57.4B
| $79.7M | 0.06% |
1,139,886
-342,609
| -23% | -$23.9M |
|
278
Ametek
AME
$44.4B
| $79.7M | 0.06% |
477,914
-56,357
| -11% | -$9.4M |
|
279
Copart
CPRT
$47.3B
| $79.4M | 0.06% |
1,466,451
-81,068
| -5% | -$4.39M |
|
280
Agilent Technologies
A
$35.9B
| $79M | 0.06% |
609,479
+11,926
| +2% | +$1.55M |
|
281
Sysco
SYY
$38.8B
| $77.6M | 0.06% |
1,087,009
+10,443
| +1% | +$746K |
|
282
MetLife
MET
$53.4B
| $77.4M | 0.06% |
1,102,842
-28,045
| -2% | -$1.97M |
|
283
Air Products & Chemicals
APD
$65.5B
| $77.2M | 0.06% |
299,113
-88,855
| -23% | -$22.9M |
|
284
Manhattan Associates
MANH
$13.3B
| $76.8M | 0.06% |
311,522
-45,206
| -13% | -$11.2M |
|
285
Skyworks Solutions
SWKS
$11.1B
| $76.2M | 0.06% |
714,615
+414,105
| +138% | +$44.1M |
|
286
Labcorp
LH
$23.2B
| $75.6M | 0.06% |
371,285
-73,919
| -17% | -$15M |
|
287
Fidelity National Information Services
FIS
$35.4B
| $75.2M | 0.06% |
998,274
-101,031
| -9% | -$7.61M |
|
288
Coinbase
COIN
$83.2B
| $75.1M | 0.06% |
338,045
+34,425
| +11% | +$7.65M |
|
289
DexCom
DXCM
$29.8B
| $74.7M | 0.05% |
658,880
-12,344
| -2% | -$1.4M |
|
290
Prudential Financial
PRU
$37.7B
| $74.5M | 0.05% |
636,074
-4,529
| -0.7% | -$531K |
|
291
Quest Diagnostics
DGX
$20.5B
| $74M | 0.05% |
540,698
-147,853
| -21% | -$20.2M |
|
292
Factset
FDS
$14B
| $74M | 0.05% |
181,247
-21,435
| -11% | -$8.75M |
|
293
Darden Restaurants
DRI
$24.9B
| $73.9M | 0.05% |
488,527
-55,083
| -10% | -$8.34M |
|
294
Kellanova
K
$27.7B
| $73.7M | 0.05% |
1,277,427
-251,986
| -16% | -$14.5M |
|
295
VeriSign
VRSN
$27B
| $73.4M | 0.05% |
412,852
-110,651
| -21% | -$19.7M |
|
296
IQVIA
IQV
$32.4B
| $73.4M | 0.05% |
347,101
+13,022
| +4% | +$2.75M |
|
297
BioMarin Pharmaceuticals
BMRN
$10.7B
| $73.3M | 0.05% |
890,108
-214,908
| -19% | -$17.7M |
|
298
Trade Desk
TTD
$22.1B
| $73.1M | 0.05% |
748,613
-17,894
| -2% | -$1.75M |
|
299
Idexx Laboratories
IDXX
$51.6B
| $72.8M | 0.05% |
149,324
+462
| +0.3% | +$225K |
|
300
Casey's General Stores
CASY
$20.6B
| $72.5M | 0.05% |
190,019
-25,536
| -12% | -$9.74M |
|