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
|
+$2.5B |
| 2 |
Meta Platforms (Facebook)
META
|
+$334M |
| 3 |
Abbott
ABT
|
+$271M |
| 4 |
Stryker
SYK
|
+$155M |
| 5 |
McDonald's
MCD
|
+$154M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.14B |
| 2 |
Costco
COST
|
+$440M |
| 3 |
Oracle
ORCL
|
+$194M |
| 4 |
Micron Technology
MU
|
+$192M |
| 5 |
Gilead Sciences
GILD
|
+$157M |
Sector Composition
| 1 | Technology | 28.1% |
| 2 | Financials | 13.31% |
| 3 | Healthcare | 11.32% |
| 4 | Consumer Discretionary | 8.29% |
| 5 | Communication Services | 8.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Dynatrace
DT
$15.3B
| $62.7M | 0.04% |
1,329,669
-8,152
| -0.6% | -$384K |
|
327
Wabtec
WAB
$32.5B
| $61.7M | 0.04% |
340,246
-7,699
| -2% | -$1.4M |
|
328
Ford
F
$45.7B
| $60.8M | 0.04% |
6,063,034
-160,758
| -3% | -$1.61M |
|
329
Jack Henry & Associates
JKHY
$11.9B
| $60.6M | 0.04% |
332,142
-8,647
| -3% | -$1.58M |
|
330
Reinsurance Group of America
RGA
$12.6B
| $59.7M | 0.04% |
303,449
-9,644
| -3% | -$1.9M |
|
331
Extra Space Storage
EXR
$30.8B
| $59.7M | 0.04% |
401,954
-5,191
| -1% | -$771K |
|
332
Flutter Entertainment
FLUT
$51.3B
| $59.6M | 0.04% |
+269,067
| New | +$59.6M |
|
333
Booz Allen Hamilton
BAH
$12.7B
| $59.5M | 0.04% |
569,253
-18,492
| -3% | -$1.93M |
|
334
Idexx Laboratories
IDXX
$52.5B
| $59.5M | 0.04% |
141,702
-928
| -0.7% | -$390K |
|
335
BioMarin Pharmaceuticals
BMRN
$10.7B
| $59.1M | 0.04% |
835,795
-14,070
| -2% | -$995K |
|
336
Axon Enterprise
AXON
$57.5B
| $58.7M | 0.04% |
111,603
-1,761
| -2% | -$926K |
|
337
Regency Centers
REG
$13.1B
| $58.2M | 0.04% |
789,423
+12,902
| +2% | +$952K |
|
338
D.R. Horton
DHI
$53B
| $58.2M | 0.04% |
457,442
-3,801
| -0.8% | -$483K |
|
339
Essex Property Trust
ESS
$17.3B
| $58.1M | 0.04% |
189,440
+2,049
| +1% | +$628K |
|
340
ResMed
RMD
$40.9B
| $57.6M | 0.04% |
257,494
-7,341
| -3% | -$1.64M |
|
341
Atlassian
TEAM
$47.8B
| $57.1M | 0.04% |
268,963
+9,522
| +4% | +$2.02M |
|
342
Cooper Companies
COO
$13.6B
| $57M | 0.04% |
675,431
+47,732
| +8% | +$4.03M |
|
343
Conagra Brands
CAG
$9.3B
| $56.8M | 0.04% |
2,130,680
-56,925
| -3% | -$1.52M |
|
344
IQVIA
IQV
$32.2B
| $56.4M | 0.04% |
320,025
-7,405
| -2% | -$1.31M |
|
345
eBay
EBAY
$42.2B
| $56.3M | 0.04% |
831,636
-34,537
| -4% | -$2.34M |
|
346
Tractor Supply
TSCO
$31.3B
| $56.2M | 0.04% |
1,019,081
-254,427
| -20% | -$14M |
|
347
RenaissanceRe
RNR
$11.2B
| $56M | 0.04% |
233,448
-6,998
| -3% | -$1.68M |
|
348
Veeva Systems
VEEV
$46.3B
| $55.9M | 0.04% |
241,405
+1,512
| +0.6% | +$350K |
|
349
Take-Two Interactive
TTWO
$45.7B
| $55.8M | 0.04% |
269,221
+62,028
| +30% | +$12.9M |
|
350
Monolithic Power Systems
MPWR
$41.1B
| $55.7M | 0.04% |
96,112
+14,954
| +18% | +$8.67M |
|