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 | |
|---|---|---|---|---|---|---|
301
Check Point Software Technologies
CHKP
$20.7B
| $72.4M | 0.05% |
388,023
-17,398
| -4% | -$3.25M |
|
302
CBRE Group
CBRE
$48.9B
| $72.2M | 0.05% |
550,028
-13,615
| -2% | -$1.79M |
|
303
Loews
L
$20B
| $72.1M | 0.05% |
851,655
-13,701
| -2% | -$1.16M |
|
304
Prudential Financial
PRU
$37.2B
| $70.9M | 0.05% |
597,956
-40,542
| -6% | -$4.81M |
|
305
Tradeweb Markets
TW
$25.4B
| $70M | 0.05% |
534,668
-8,385
| -2% | -$1.1M |
|
306
Domino's
DPZ
$15.7B
| $69.7M | 0.05% |
166,005
-2,028
| -1% | -$851K |
|
307
Alliant Energy
LNT
$16.6B
| $69.5M | 0.05% |
1,174,628
+7,530
| +0.6% | +$445K |
|
308
Genuine Parts
GPC
$19.4B
| $69.1M | 0.05% |
592,030
-8,825
| -1% | -$1.03M |
|
309
Gen Digital
GEN
$18.2B
| $69.1M | 0.05% |
2,522,896
+12,056
| +0.5% | +$330K |
|
310
VICI Properties
VICI
$35.8B
| $69.1M | 0.05% |
2,364,794
+88,000
| +4% | +$2.57M |
|
311
Valero Energy
VLO
$48.7B
| $69M | 0.05% |
562,860
-44,932
| -7% | -$5.51M |
|
312
Delta Air Lines
DAL
$39.9B
| $68.9M | 0.05% |
1,139,230
-62,534
| -5% | -$3.78M |
|
313
F5
FFIV
$18.1B
| $68.8M | 0.05% |
273,614
-4,890
| -2% | -$1.23M |
|
314
Baker Hughes
BKR
$44.9B
| $68.2M | 0.05% |
1,662,413
-111,091
| -6% | -$4.56M |
|
315
Newmont
NEM
$83.7B
| $67.6M | 0.05% |
1,816,711
-111,695
| -6% | -$4.16M |
|
316
Baxter International
BAX
$12.5B
| $67.6M | 0.05% |
2,317,577
-25,345
| -1% | -$739K |
|
317
Tractor Supply
TSCO
$32.1B
| $67.6M | 0.05% |
1,273,508
-13,877
| -1% | -$736K |
|
318
Axon Enterprise
AXON
$57.2B
| $67.4M | 0.05% |
113,364
-6,819
| -6% | -$4.05M |
|
319
Datadog
DDOG
$47.5B
| $67.3M | 0.05% |
470,894
-38,373
| -8% | -$5.48M |
|
320
Casey's General Stores
CASY
$18.8B
| $67.1M | 0.04% |
169,461
-5,995
| -3% | -$2.38M |
|
321
Ventas
VTR
$30.9B
| $67M | 0.04% |
1,137,654
+427,440
| +60% | +$25.2M |
|
322
Reinsurance Group of America
RGA
$12.8B
| $66.9M | 0.04% |
313,093
-2,583
| -0.8% | -$552K |
|
323
Vertiv
VRT
$47.4B
| $66.8M | 0.04% |
588,160
-41,487
| -7% | -$4.71M |
|
324
Corteva
CTVA
$49.1B
| $66M | 0.04% |
1,158,450
-52,556
| -4% | -$2.99M |
|
325
Wabtec
WAB
$33B
| $66M | 0.04% |
347,945
-22,995
| -6% | -$4.36M |
|