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 |
Apple
AAPL
|
$739M |
| 2 |
Microsoft
MSFT
|
$541M |
| 3 |
Amazon
AMZN
|
$248M |
| 4 |
Tesla
TSLA
|
$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
$171M |
| 2 |
Walmart
WMT
|
$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
$168M |
| 4 |
Accenture
ACN
|
$125M |
| 5 |
Adobe
ADBE
|
$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
Liberty Broadband Class C
LBRDK
$8.61B
| $67.2M | 0.06% |
910,574
-81,526
| -8% | -$6.02M |
|
302
Bio-Rad Laboratories Class A
BIO
$8B
| $67.1M | 0.06% |
160,747
-2,262
| -1% | -$944K |
|
303
Leidos
LDOS
$23B
| $67M | 0.06% |
765,939
+91,653
| +14% | +$8.02M |
|
|
ANSS
304
DELISTED
Ansys
ANSS
| $66.9M | 0.06% |
301,835
+127,109
| +73% | +$28.2M |
|
305
Welltower
WELL
$112B
| $66.3M | 0.06% |
1,030,627
+165,728
| +19% | +$10.7M |
|
306
Ross Stores
ROST
$49.4B
| $66.1M | 0.06% |
783,789
+115,069
| +17% | +$9.7M |
|
307
PACCAR
PCAR
$52B
| $66M | 0.06% |
1,183,781
+203,318
| +21% | +$11.3M |
|
308
Henry Schein
HSIC
$8.42B
| $66M | 0.06% |
1,003,097
-23,022
| -2% | -$1.51M |
|
309
Simon Property Group
SPG
$59.5B
| $65.8M | 0.06% |
733,309
+96,197
| +15% | +$8.63M |
|
310
Bank of New York Mellon
BK
$73.1B
| $65.7M | 0.06% |
1,706,167
+281,672
| +20% | +$10.9M |
|
311
Campbell Soup
CPB
$10.1B
| $65.6M | 0.06% |
1,392,912
-59,759
| -4% | -$2.82M |
|
312
VICI Properties
VICI
$35.8B
| $65.6M | 0.06% |
2,198,334
+471,747
| +27% | +$14.1M |
|
313
Nucor
NUE
$33.8B
| $65.1M | 0.06% |
608,903
+76,625
| +14% | +$8.2M |
|
314
Cummins
CMI
$55.1B
| $64.9M | 0.06% |
318,950
+40,564
| +15% | +$8.26M |
|
315
Atlassian
TEAM
$45.2B
| $64.8M | 0.06% |
307,645
+37,216
| +14% | +$7.84M |
|
316
DexCom
DXCM
$31.6B
| $64.7M | 0.06% |
802,757
+46,510
| +6% | +$3.75M |
|
317
F5
FFIV
$18.1B
| $63.8M | 0.06% |
440,621
-4,083
| -0.9% | -$591K |
|
318
Ameriprise Financial
AMP
$46.1B
| $63.7M | 0.06% |
253,015
+24,350
| +11% | +$6.13M |
|
319
CoStar Group
CSGP
$37.9B
| $62.6M | 0.06% |
898,081
+144,504
| +19% | +$10.1M |
|
320
Ametek
AME
$43.3B
| $62.2M | 0.06% |
548,585
+112,045
| +26% | +$12.7M |
|
321
ON Semiconductor
ON
$20.1B
| $61.9M | 0.06% |
993,268
+173,000
| +21% | +$10.8M |
|
322
Constellation Energy
CEG
$94.2B
| $61.8M | 0.06% |
742,966
+99,352
| +15% | +$8.27M |
|
323
Otis Worldwide
OTIS
$34.1B
| $61.8M | 0.06% |
967,919
+178,081
| +23% | +$11.4M |
|
324
Illumina
ILMN
$15.7B
| $61.1M | 0.06% |
329,017
+32,867
| +11% | +$6.1M |
|
325
HP
HPQ
$27.4B
| $60.7M | 0.06% |
2,434,134
+337,645
| +16% | +$8.41M |
|