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 | |
|---|---|---|---|---|---|---|
301
Tyson Foods
TSN
$20.1B
| $76.6M | 0.05% |
1,286,815
+365,130
| +40% | +$21.7M |
|
302
Biogen
BIIB
$20.1B
| $76.6M | 0.05% |
395,071
-994
| -0.3% | -$193K |
|
303
AvalonBay Communities
AVB
$27.1B
| $76.5M | 0.05% |
339,595
+4,306
| +1% | +$970K |
|
304
United Therapeutics
UTHR
$18.6B
| $75.9M | 0.05% |
211,822
-8,460
| -4% | -$3.03M |
|
305
VICI Properties
VICI
$35.6B
| $75.8M | 0.05% |
2,276,794
-36,254
| -2% | -$1.21M |
|
306
Extra Space Storage
EXR
$30B
| $75.4M | 0.05% |
418,171
-15,243
| -4% | -$2.75M |
|
307
Nu Holdings
NU
$71B
| $74.9M | 0.05% |
5,490,360
+116,769
| +2% | +$1.59M |
|
308
Tractor Supply
TSCO
$32.9B
| $74.9M | 0.05% |
257,477
-3,618
| -1% | -$1.05M |
|
309
Royal Caribbean
RCL
$94.7B
| $74.8M | 0.05% |
421,863
-4,260
| -1% | -$756K |
|
310
Quanta Services
PWR
$55.6B
| $74.4M | 0.05% |
249,442
-1,836
| -0.7% | -$547K |
|
311
VeriSign
VRSN
$25.4B
| $73.9M | 0.05% |
389,195
-23,657
| -6% | -$4.49M |
|
312
SS&C Technologies
SSNC
$21.2B
| $73.6M | 0.05% |
991,885
-35,884
| -3% | -$2.66M |
|
313
Ferguson
FERG
$45.7B
| $72.9M | 0.05% |
+367,333
| New | +$72.9M |
|
314
Norfolk Southern
NSC
$61.8B
| $72.4M | 0.05% |
291,410
-95,074
| -25% | -$23.6M |
|
315
Domino's
DPZ
$15.9B
| $72.3M | 0.05% |
168,033
-7,924
| -5% | -$3.41M |
|
316
Kenvue
KVUE
$39.8B
| $71.7M | 0.05% |
+3,099,252
| New | +$71.7M |
|
317
Conagra Brands
CAG
$9.06B
| $71.7M | 0.05% |
2,204,255
-119,992
| -5% | -$3.9M |
|
318
Corteva
CTVA
$49.9B
| $71.2M | 0.05% |
1,211,006
-23,054
| -2% | -$1.36M |
|
319
Edwards Lifesciences
EW
$47.7B
| $71M | 0.05% |
1,075,708
+6,009
| +0.6% | +$397K |
|
320
Dynatrace
DT
$15B
| $70.9M | 0.05% |
1,326,098
+230,729
| +21% | +$12.3M |
|
321
Alliant Energy
LNT
$16.6B
| $70.8M | 0.05% |
1,167,098
-36,105
| -3% | -$2.19M |
|
322
Ingersoll Rand
IR
$30.7B
| $70.7M | 0.05% |
720,742
-2,808
| -0.4% | -$276K |
|
323
NiSource
NI
$19.9B
| $70.4M | 0.05% |
2,031,764
-117,366
| -5% | -$4.07M |
|
324
CBRE Group
CBRE
$47.5B
| $70.2M | 0.05% |
563,643
+15,439
| +3% | +$1.92M |
|
325
Cooper Companies
COO
$13.1B
| $69.8M | 0.05% |
632,434
-104,860
| -14% | -$11.6M |
|