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 | |
|---|---|---|---|---|---|---|
276
Phillips 66
PSX
$53.2B
| $79.5M | 0.05% |
697,807
-72,025
| -9% | -$8.21M |
|
277
Ross Stores
ROST
$49.4B
| $79.5M | 0.05% |
525,375
-55,081
| -9% | -$8.33M |
|
278
Coinbase
COIN
$76.8B
| $78.9M | 0.05% |
317,874
-17,601
| -5% | -$4.37M |
|
279
Hologic
HOLX
$14.8B
| $78.3M | 0.05% |
1,086,141
-4,698
| -0.4% | -$339K |
|
280
Howmet Aerospace
HWM
$71.8B
| $78M | 0.05% |
712,731
-54,654
| -7% | -$5.98M |
|
281
Sysco
SYY
$39.4B
| $77.5M | 0.05% |
1,013,411
-54,289
| -5% | -$4.15M |
|
282
Manhattan Associates
MANH
$13B
| $77.1M | 0.05% |
285,216
-6,569
| -2% | -$1.78M |
|
283
Strategy Inc Common Stock Class A
MSTR
$95.2B
| $76.7M | 0.05% |
264,713
-10,166
| -4% | -$2.94M |
|
284
NiSource
NI
$19B
| $76.3M | 0.05% |
2,075,372
+43,608
| +2% | +$1.6M |
|
285
United Rentals
URI
$62.7B
| $76.1M | 0.05% |
108,007
-9,810
| -8% | -$6.91M |
|
286
Quest Diagnostics
DGX
$20.5B
| $75.9M | 0.05% |
503,209
-10,086
| -2% | -$1.52M |
|
287
AvalonBay Communities
AVB
$27.8B
| $75.9M | 0.05% |
344,833
+5,238
| +2% | +$1.15M |
|
288
Seagate
STX
$40B
| $75.7M | 0.05% |
876,714
-21,975
| -2% | -$1.9M |
|
289
Booz Allen Hamilton
BAH
$12.6B
| $75.6M | 0.05% |
587,745
-11,870
| -2% | -$1.53M |
|
290
SS&C Technologies
SSNC
$21.7B
| $74.6M | 0.05% |
983,933
-7,952
| -0.8% | -$603K |
|
291
Quanta Services
PWR
$55.5B
| $74.5M | 0.05% |
235,663
-13,779
| -6% | -$4.35M |
|
292
Omnicom Group
OMC
$15.4B
| $74.4M | 0.05% |
864,959
-2,532
| -0.3% | -$218K |
|
|
XYZ
293
Block, Inc.
XYZ
$45.7B
| $74.4M | 0.05% |
875,365
-60,980
| -7% | -$5.18M |
|
294
lululemon athletica
LULU
$19.9B
| $74.3M | 0.05% |
194,287
-18,838
| -9% | -$7.2M |
|
295
Expeditors International
EXPD
$16.4B
| $74M | 0.05% |
668,196
-598
| -0.1% | -$66.2K |
|
296
Tyson Foods
TSN
$20B
| $73.8M | 0.05% |
1,285,192
-1,623
| -0.1% | -$93.2K |
|
297
United Therapeutics
UTHR
$18.1B
| $73.8M | 0.05% |
209,204
-2,618
| -1% | -$924K |
|
298
Fidelity National Information Services
FIS
$35.9B
| $73.6M | 0.05% |
911,691
-92,681
| -9% | -$7.49M |
|
299
Dynatrace
DT
$15.1B
| $72.7M | 0.05% |
1,337,821
+11,723
| +0.9% | +$637K |
|
300
Everest Group
EG
$14.3B
| $72.5M | 0.05% |
199,923
-3,061
| -2% | -$1.11M |
|