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 |
Meta Platforms (Facebook)
META
|
+$234M |
| 2 |
NVIDIA
NVDA
|
+$197M |
| 3 |
Costco
COST
|
+$174M |
| 4 |
Home Depot
HD
|
+$157M |
| 5 |
Airbnb
ABNB
|
+$137M |
Top Sells
| 1 |
Amazon
AMZN
|
+$432M |
| 2 |
Microsoft
MSFT
|
+$271M |
| 3 |
Merck
MRK
|
+$261M |
| 4 |
Walt Disney
DIS
|
+$232M |
| 5 |
Texas Instruments
TXN
|
+$201M |
Sector Composition
| 1 | Technology | 31% |
| 2 | Healthcare | 13.61% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Seagate
STX
$40.7B
| $71M | 0.05% |
762,890
+370,189
| +94% | +$34.4M |
|
327
NiSource
NI
$19.1B
| $70.8M | 0.05% |
2,560,210
-22,352
| -0.9% | -$618K |
|
328
Cincinnati Financial
CINF
$24B
| $70.6M | 0.05% |
568,175
+8,500
| +2% | +$1.06M |
|
329
Evergy
EVRG
$16.4B
| $70.5M | 0.05% |
1,320,785
-85,578
| -6% | -$4.57M |
|
330
Ingersoll Rand
IR
$31.7B
| $69.6M | 0.05% |
733,205
-21,212
| -3% | -$2.01M |
|
331
Flex
FLEX
$21B
| $69M | 0.05% |
2,412,231
-803,626
| -25% | -$23M |
|
332
Casey's General Stores
CASY
$20.1B
| $68.6M | 0.05% |
215,555
-2,161
| -1% | -$688K |
|
333
CoStar Group
CSGP
$37.3B
| $68.6M | 0.05% |
709,750
-18,536
| -3% | -$1.79M |
|
334
Martin Marietta Materials
MLM
$37B
| $68.5M | 0.05% |
111,594
-2,326
| -2% | -$1.43M |
|
335
Rollins
ROL
$27.8B
| $68.4M | 0.05% |
1,478,464
-17,330
| -1% | -$802K |
|
|
JNPR
336
DELISTED
Juniper Networks
JNPR
| $68.4M | 0.05% |
1,845,134
-168,628
| -8% | -$6.25M |
|
337
Quanta Services
PWR
$55.6B
| $67.4M | 0.05% |
259,280
-9,443
| -4% | -$2.45M |
|
338
Trade Desk
TTD
$25.6B
| $67M | 0.05% |
766,507
-20,178
| -3% | -$1.76M |
|
339
Spotify
SPOT
$148B
| $66.9M | 0.05% |
253,591
-7,829
| -3% | -$2.07M |
|
340
IDEX
IEX
$12.2B
| $65.9M | 0.05% |
270,258
+1,235
| +0.5% | +$301K |
|
341
AvalonBay Communities
AVB
$27.8B
| $65.6M | 0.05% |
353,425
+2,546
| +0.7% | +$472K |
|
342
Assurant
AIZ
$10.7B
| $65.3M | 0.05% |
346,872
-3,809
| -1% | -$717K |
|
343
W.P. Carey
WPC
$14.8B
| $65.1M | 0.05% |
1,153,360
-10,930
| -0.9% | -$617K |
|
344
Royalty Pharma
RPRX
$15.8B
| $64.8M | 0.05% |
2,134,904
-1,995
| -0.1% | -$60.6K |
|
345
Vulcan Materials
VMC
$38.6B
| $64.8M | 0.05% |
237,273
-6,725
| -3% | -$1.84M |
|
346
Huntington Ingalls Industries
HII
$10.5B
| $64.7M | 0.05% |
221,895
-1,578
| -0.7% | -$460K |
|
|
XYZ
347
Block, Inc.
XYZ
$46B
| $64.2M | 0.05% |
758,520
-203,847
| -21% | -$17.2M |
|
348
Molson Coors Class B
TAP
$9.78B
| $63.9M | 0.05% |
950,744
+495,167
| +109% | +$33.3M |
|
349
Estee Lauder
EL
$31.9B
| $63.8M | 0.04% |
413,658
+63,816
| +18% | +$9.84M |
|
350
Incyte
INCY
$16.7B
| $63.2M | 0.04% |
1,109,249
-60,746
| -5% | -$3.46M |
|