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 |
NVIDIA
NVDA
|
+$584M |
| 2 |
Tesla
TSLA
|
+$574M |
| 3 |
Microsoft
MSFT
|
+$567M |
| 4 |
Apple
AAPL
|
+$290M |
| 5 |
Chevron
CVX
|
+$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
+$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
+$114M |
| 3 |
Verizon
VZ
|
+$113M |
| 4 |
Oracle
ORCL
|
+$106M |
| 5 |
Mastercard
MA
|
+$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Extra Space Storage
EXR
$31.2B
| $62.4M | 0.05% |
513,179
+151,908
| +42% | +$18.5M |
|
327
Kinder Morgan
KMI
$58.8B
| $62.4M | 0.05% |
3,762,839
+41,798
| +1% | +$693K |
|
328
Gen Digital
GEN
$18.4B
| $62.4M | 0.05% |
3,527,998
+12,024
| +0.3% | +$213K |
|
329
PG&E
PCG
$32B
| $61.6M | 0.05% |
3,817,990
+448,375
| +13% | +$7.23M |
|
330
United Rentals
URI
$62.4B
| $60.8M | 0.05% |
136,672
+1,983
| +1% | +$882K |
|
331
AvalonBay Communities
AVB
$27.7B
| $60.5M | 0.05% |
352,023
+8,808
| +3% | +$1.51M |
|
332
W.P. Carey
WPC
$14.7B
| $60.2M | 0.05% |
1,135,973
+156,795
| +16% | +$8.31M |
|
333
Cardinal Health
CAH
$35.9B
| $60.1M | 0.05% |
692,515
-122,618
| -15% | -$10.6M |
|
334
Amdocs
DOX
$9.44B
| $59.7M | 0.05% |
706,951
+6,843
| +1% | +$578K |
|
335
Lamb Weston
LW
$8.02B
| $59.2M | 0.05% |
639,798
+343,351
| +116% | +$31.7M |
|
336
Edison International
EIX
$20.5B
| $59.1M | 0.05% |
933,886
+25,658
| +3% | +$1.62M |
|
337
Casey's General Stores
CASY
$19.4B
| $59M | 0.05% |
217,391
+6,155
| +3% | +$1.67M |
|
338
Tradeweb Markets
TW
$25.5B
| $58.3M | 0.05% |
727,329
+23,266
| +3% | +$1.87M |
|
339
United Therapeutics
UTHR
$17.8B
| $58.2M | 0.05% |
257,551
+2,887
| +1% | +$652K |
|
340
CoStar Group
CSGP
$37.3B
| $58.2M | 0.05% |
756,375
+7,456
| +1% | +$573K |
|
341
BJs Wholesale Club
BJ
$13B
| $57.9M | 0.05% |
810,647
+27,982
| +4% | +$2M |
|
342
PPG Industries
PPG
$25.2B
| $57.5M | 0.05% |
443,291
+11,068
| +3% | +$1.44M |
|
343
Global Payments
GPN
$21.2B
| $57.4M | 0.05% |
497,232
+229
| +0% | +$26.4K |
|
|
JNPR
344
DELISTED
Juniper Networks
JNPR
| $57M | 0.05% |
2,052,650
+19,845
| +1% | +$551K |
|
345
Devon Energy
DVN
$21.9B
| $56.8M | 0.05% |
1,191,726
+13,843
| +1% | +$660K |
|
346
GE HealthCare
GEHC
$35.7B
| $56.7M | 0.05% |
833,951
+142,855
| +21% | +$9.72M |
|
347
Lennar Class A
LEN
$36.9B
| $56.6M | 0.05% |
520,941
+11,204
| +2% | +$1.22M |
|
348
Cincinnati Financial
CINF
$24B
| $56.6M | 0.05% |
553,148
+15,437
| +3% | +$1.58M |
|
349
Palantir
PLTR
$370B
| $55.8M | 0.05% |
3,486,032
+758,727
| +28% | +$12.1M |
|
350
Albertsons Companies
ACI
$10.8B
| $55.5M | 0.05% |
2,439,987
+269,362
| +12% | +$6.13M |
|