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 | |
|---|---|---|---|---|---|---|
301
Super Micro Computer
SMCI
$26.1B
| $72.1M | 0.05% |
879,820
-19,820
| -2% | -$1.62M |
|
|
HES
302
DELISTED
Hess
HES
| $71.5M | 0.05% |
484,419
-13,684
| -3% | -$2.02M |
|
303
Nucor
NUE
$33B
| $71.2M | 0.05% |
450,536
-10,427
| -2% | -$1.65M |
|
304
Cummins
CMI
$56.6B
| $71M | 0.05% |
256,346
+8,004
| +3% | +$2.22M |
|
305
Occidental Petroleum
OXY
$45.3B
| $70.9M | 0.05% |
1,125,040
-68,943
| -6% | -$4.35M |
|
306
Tractor Supply
TSCO
$31.8B
| $70.5M | 0.05% |
1,305,475
-171,050
| -12% | -$9.24M |
|
307
Fortinet
FTNT
$62B
| $70.3M | 0.05% |
1,167,055
+16,905
| +1% | +$1.02M |
|
308
Check Point Software Technologies
CHKP
$21.1B
| $70.3M | 0.05% |
425,833
-138,033
| -24% | -$22.8M |
|
309
United Therapeutics
UTHR
$18.3B
| $70.2M | 0.05% |
220,282
-36,454
| -14% | -$11.6M |
|
310
Zoom
ZM
$25.4B
| $70M | 0.05% |
1,182,088
+735,933
| +165% | +$43.6M |
|
311
AvalonBay Communities
AVB
$28B
| $69.4M | 0.05% |
335,289
-18,136
| -5% | -$3.75M |
|
312
Nu Holdings
NU
$75.5B
| $69.3M | 0.05% |
5,373,591
+1,124,646
| +26% | +$14.5M |
|
313
Fair Isaac
FICO
$38.3B
| $68.8M | 0.05% |
46,248
-85
| -0.2% | -$127K |
|
314
Loews
L
$20.3B
| $68.2M | 0.05% |
912,375
-77,307
| -8% | -$5.78M |
|
315
Royal Caribbean
RCL
$95.1B
| $67.9M | 0.05% |
426,123
+3,286
| +0.8% | +$524K |
|
316
Lennar Class A
LEN
$36.3B
| $67.4M | 0.05% |
464,292
-19,078
| -4% | -$2.77M |
|
317
Extra Space Storage
EXR
$31.5B
| $67.4M | 0.05% |
433,414
+43,658
| +11% | +$6.78M |
|
318
Otis Worldwide
OTIS
$35.1B
| $67.1M | 0.05% |
697,178
-39,224
| -5% | -$3.78M |
|
319
Monster Beverage
MNST
$62.3B
| $66.8M | 0.05% |
1,338,086
-14,293
| -1% | -$714K |
|
320
Neurocrine Biosciences
NBIX
$14.2B
| $66.8M | 0.05% |
485,020
-95,597
| -16% | -$13.2M |
|
321
Corteva
CTVA
$49.6B
| $66.6M | 0.05% |
1,234,060
-42,933
| -3% | -$2.32M |
|
322
VICI Properties
VICI
$35.4B
| $66.2M | 0.05% |
2,313,048
-227,623
| -9% | -$6.52M |
|
323
Conagra Brands
CAG
$9.31B
| $66.1M | 0.05% |
2,324,247
-491,167
| -17% | -$14M |
|
324
Ingersoll Rand
IR
$32.2B
| $65.7M | 0.05% |
723,550
-9,655
| -1% | -$877K |
|
325
Datadog
DDOG
$48.5B
| $65.6M | 0.05% |
506,117
+18,432
| +4% | +$2.39M |
|