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 |
Broadcom
AVGO
|
$1.96B |
| 2 |
Costco
COST
|
$292M |
| 3 |
NVIDIA
NVDA
|
$284M |
| 4 |
Applied Materials
AMAT
|
$233M |
| 5 |
NXP Semiconductors
NXPI
|
$190M |
Top Sells
| 1 |
Tesla
TSLA
|
$1.17B |
| 2 |
Walmart
WMT
|
$198M |
| 3 |
KLA
KLAC
|
$190M |
| 4 |
Texas Instruments
TXN
|
$186M |
| 5 |
Starbucks
SBUX
|
$171M |
Sector Composition
| 1 | Technology | 33.41% |
| 2 | Financials | 12.58% |
| 3 | Healthcare | 12.38% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
CenterPoint Energy
CNP
$24.6B
| $84.7M | 0.06% |
2,877,487
-85,624
| -3% | -$2.52M |
|
277
W.R. Berkley
WRB
$27.2B
| $84.1M | 0.06% |
1,482,865
+461,397
| +45% | +$26.2M |
|
278
Fidelity National Information Services
FIS
$36.5B
| $84.1M | 0.06% |
1,004,372
+6,098
| +0.6% | +$511K |
|
279
Trade Desk
TTD
$26.7B
| $84.1M | 0.06% |
766,797
+18,184
| +2% | +$1.99M |
|
280
Genuine Parts
GPC
$19.4B
| $83.9M | 0.06% |
600,855
-90,576
| -13% | -$12.7M |
|
281
Sysco
SYY
$38.5B
| $83.3M | 0.06% |
1,067,700
-19,309
| -2% | -$1.51M |
|
282
Lennar Class A
LEN
$34.5B
| $83.2M | 0.06% |
443,779
-5,681
| -1% | -$1.07M |
|
283
IQVIA
IQV
$32.4B
| $82.6M | 0.06% |
348,614
+1,513
| +0.4% | +$359K |
|
284
Cummins
CMI
$54.9B
| $82.5M | 0.06% |
254,770
-1,576
| -0.6% | -$510K |
|
285
Manhattan Associates
MANH
$13B
| $82.1M | 0.06% |
291,785
-19,737
| -6% | -$5.55M |
|
286
Valero Energy
VLO
$47.2B
| $82.1M | 0.06% |
607,792
-30,844
| -5% | -$4.16M |
|
287
Ametek
AME
$42.7B
| $80.9M | 0.06% |
470,926
-6,988
| -1% | -$1.2M |
|
288
Factset
FDS
$14.1B
| $79.8M | 0.06% |
173,610
-7,637
| -4% | -$3.51M |
|
289
Quest Diagnostics
DGX
$20.3B
| $79.7M | 0.06% |
513,295
-27,403
| -5% | -$4.25M |
|
290
Everest Group
EG
$14.3B
| $79.5M | 0.06% |
202,984
-17,065
| -8% | -$6.69M |
|
291
Labcorp
LH
$23.1B
| $78.5M | 0.05% |
351,438
-19,847
| -5% | -$4.44M |
|
292
Copart
CPRT
$47.2B
| $78.5M | 0.05% |
1,498,747
+32,296
| +2% | +$1.69M |
|
293
Monolithic Power Systems
MPWR
$40B
| $78.2M | 0.05% |
84,621
-38,488
| -31% | -$35.6M |
|
294
Vistra
VST
$64.1B
| $78.2M | 0.05% |
659,607
-34,604
| -5% | -$4.1M |
|
295
Check Point Software Technologies
CHKP
$20.7B
| $78.2M | 0.05% |
405,421
-20,412
| -5% | -$3.94M |
|
296
Prudential Financial
PRU
$38.6B
| $77.3M | 0.05% |
638,498
+2,424
| +0.4% | +$294K |
|
297
Howmet Aerospace
HWM
$70.2B
| $76.9M | 0.05% |
767,385
+20,844
| +3% | +$2.09M |
|
298
Idexx Laboratories
IDXX
$51.8B
| $76.7M | 0.05% |
151,906
+2,582
| +2% | +$1.3M |
|
299
GE HealthCare
GEHC
$33.7B
| $76.7M | 0.05% |
816,931
+10,545
| +1% | +$990K |
|
300
Darden Restaurants
DRI
$24.1B
| $76.7M | 0.05% |
467,054
-21,473
| -4% | -$3.52M |
|