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 | |
|---|---|---|---|---|---|---|
326
Akamai
AKAM
$11.4B
| $65.1M | 0.05% |
722,329
-162,336
| -18% | -$14.6M |
|
327
Reinsurance Group of America
RGA
$12.9B
| $64.6M | 0.05% |
314,769
+53,843
| +21% | +$11.1M |
|
328
DoorDash
DASH
$111B
| $64.5M | 0.05% |
593,024
+42,611
| +8% | +$4.64M |
|
329
SS&C Technologies
SSNC
$22B
| $64.4M | 0.05% |
1,027,769
-265,401
| -21% | -$16.6M |
|
330
Cooper Companies
COO
$13.6B
| $64.4M | 0.05% |
737,294
-141,028
| -16% | -$12.3M |
|
331
Diamondback Energy
FANG
$40.1B
| $64M | 0.05% |
319,571
+3,957
| +1% | +$792K |
|
332
Quanta Services
PWR
$58.1B
| $63.8M | 0.05% |
251,278
-8,002
| -3% | -$2.03M |
|
|
DFS
333
DELISTED
Discover Financial Services
DFS
| $63.3M | 0.05% |
483,739
+9,606
| +2% | +$1.26M |
|
334
Rollins
ROL
$28.2B
| $62.9M | 0.05% |
1,288,640
-189,824
| -13% | -$9.26M |
|
335
GE HealthCare
GEHC
$35.6B
| $62.8M | 0.05% |
806,386
-51,354
| -6% | -$4M |
|
336
Jack Henry & Associates
JKHY
$11.8B
| $62.6M | 0.05% |
376,847
-79,458
| -17% | -$13.2M |
|
337
NiSource
NI
$19.4B
| $61.9M | 0.05% |
2,149,130
-411,080
| -16% | -$11.8M |
|
338
Old Dominion Freight Line
ODFL
$31.4B
| $61.7M | 0.05% |
349,349
-16,497
| -5% | -$2.91M |
|
339
Baker Hughes
BKR
$46.3B
| $61.7M | 0.05% |
1,753,384
+13,789
| +0.8% | +$485K |
|
340
Alliant Energy
LNT
$16.6B
| $61.2M | 0.04% |
1,203,203
-294,899
| -20% | -$15M |
|
341
DuPont de Nemours
DD
$32.7B
| $61.2M | 0.04% |
759,825
-25,052
| -3% | -$2.02M |
|
342
Cincinnati Financial
CINF
$24.5B
| $60.8M | 0.04% |
515,001
-53,174
| -9% | -$6.28M |
|
343
lululemon athletica
LULU
$19.7B
| $60.8M | 0.04% |
203,469
+6,712
| +3% | +$2M |
|
344
Tradeweb Markets
TW
$25.5B
| $60.6M | 0.04% |
571,236
-142,687
| -20% | -$15.1M |
|
|
XYZ
345
Block, Inc.
XYZ
$45.2B
| $60.5M | 0.04% |
938,403
+179,883
| +24% | +$11.6M |
|
346
Vistra
VST
$69.1B
| $59.7M | 0.04% |
694,211
-3,224
| -0.5% | -$277K |
|
347
Martin Marietta Materials
MLM
$38.1B
| $59.3M | 0.04% |
109,471
-2,123
| -2% | -$1.15M |
|
348
Howmet Aerospace
HWM
$74.3B
| $58M | 0.04% |
746,541
+36,954
| +5% | +$2.87M |
|
349
Texas Roadhouse
TXRH
$11.1B
| $57.9M | 0.04% |
337,375
-37,757
| -10% | -$6.48M |
|
350
W.P. Carey
WPC
$15B
| $57.7M | 0.04% |
1,047,629
-105,731
| -9% | -$5.82M |
|