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 | |
|---|---|---|---|---|---|---|
326
Ford
F
$46.5B
| $69.5M | 0.05% |
6,580,820
-110,921
| -2% | -$1.17M |
|
327
Guidewire Software
GWRE
$18.1B
| $69.3M | 0.05% |
378,779
-806
| -0.2% | -$147K |
|
328
Gen Digital
GEN
$18.1B
| $68.9M | 0.05% |
2,510,840
+1,434,029
| +133% | +$39.3M |
|
|
DFS
329
DELISTED
Discover Financial Services
DFS
| $68.9M | 0.05% |
490,821
+7,082
| +1% | +$994K |
|
330
Akamai
AKAM
$11B
| $68.8M | 0.05% |
681,463
-40,866
| -6% | -$4.13M |
|
331
Reinsurance Group of America
RGA
$12.8B
| $68.8M | 0.05% |
315,676
+907
| +0.3% | +$198K |
|
332
Nucor
NUE
$33.4B
| $68.4M | 0.05% |
455,116
+4,580
| +1% | +$689K |
|
333
Loews
L
$20B
| $68.4M | 0.05% |
865,356
-47,019
| -5% | -$3.72M |
|
334
Cincinnati Financial
CINF
$23.8B
| $68.1M | 0.05% |
500,443
-14,558
| -3% | -$1.98M |
|
335
ResMed
RMD
$39.7B
| $67.5M | 0.05% |
276,678
+17,685
| +7% | +$4.32M |
|
336
Wabtec
WAB
$32.6B
| $67.4M | 0.05% |
370,940
+21,772
| +6% | +$3.96M |
|
337
Tradeweb Markets
TW
$26B
| $67.2M | 0.05% |
543,053
-28,183
| -5% | -$3.49M |
|
338
DuPont de Nemours
DD
$31.4B
| $66.7M | 0.05% |
749,035
-10,790
| -1% | -$961K |
|
339
RenaissanceRe
RNR
$11.4B
| $66.6M | 0.05% |
244,674
-11,696
| -5% | -$3.19M |
|
340
Casey's General Stores
CASY
$18.4B
| $65.9M | 0.05% |
175,456
-14,563
| -8% | -$5.47M |
|
341
Rollins
ROL
$27.5B
| $65.7M | 0.05% |
1,298,520
+9,880
| +0.8% | +$500K |
|
|
HES
342
DELISTED
Hess
HES
| $64.5M | 0.05% |
474,753
-9,666
| -2% | -$1.31M |
|
343
Baker Hughes
BKR
$44.3B
| $64.1M | 0.04% |
1,773,504
+20,120
| +1% | +$727K |
|
344
Evergy
EVRG
$16.4B
| $64M | 0.04% |
1,031,985
-37,890
| -4% | -$2.35M |
|
345
W.P. Carey
WPC
$14.5B
| $63.9M | 0.04% |
1,026,124
-21,505
| -2% | -$1.34M |
|
346
Applovin
APP
$159B
| $63M | 0.04% |
482,621
+2,751
| +0.6% | +$359K |
|
347
eBay
EBAY
$41.1B
| $62.9M | 0.04% |
966,689
+6,489
| +0.7% | +$422K |
|
|
XYZ
348
Block, Inc.
XYZ
$45.9B
| $62.9M | 0.04% |
936,345
-2,058
| -0.2% | -$138K |
|
349
Vertiv
VRT
$46.3B
| $62.6M | 0.04% |
629,647
+5,056
| +0.8% | +$503K |
|
350
Equifax
EFX
$29B
| $62.4M | 0.04% |
212,192
+3,063
| +1% | +$900K |
|