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 |
Apple
AAPL
|
$739M |
| 2 |
Microsoft
MSFT
|
$541M |
| 3 |
Amazon
AMZN
|
$248M |
| 4 |
Tesla
TSLA
|
$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
$171M |
| 2 |
Walmart
WMT
|
$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
$168M |
| 4 |
Accenture
ACN
|
$125M |
| 5 |
Adobe
ADBE
|
$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
FRC
351
DELISTED
First Republic Bank
FRC
| $52.8M | 0.05% |
404,178
+51,793
| +15% | +$6.76M |
|
352
Copart
CPRT
$47B
| $52.4M | 0.05% |
1,971,468
+351,604
| +22% | +$9.35M |
|
353
Veeva Systems
VEEV
$44.7B
| $52.1M | 0.05% |
315,918
+42,539
| +16% | +$7.01M |
|
354
Oneok
OKE
$45.7B
| $52.1M | 0.05% |
1,016,412
+137,953
| +16% | +$7.07M |
|
|
WBA
355
DELISTED
Walgreens Boots Alliance
WBA
| $51.9M | 0.05% |
1,651,916
+254,524
| +18% | +$7.99M |
|
356
International Flavors & Fragrances
IFF
$16.9B
| $51.8M | 0.05% |
570,183
+78,166
| +16% | +$7.1M |
|
357
Cencora
COR
$56.7B
| $51.6M | 0.05% |
381,620
+110,899
| +41% | +$15M |
|
358
Tractor Supply
TSCO
$32.1B
| $51.6M | 0.05% |
1,387,910
+118,895
| +9% | +$4.42M |
|
359
CBRE Group
CBRE
$48.9B
| $51.4M | 0.05% |
761,525
+92,050
| +14% | +$6.21M |
|
360
State Street
STT
$32B
| $51.4M | 0.05% |
844,869
+127,208
| +18% | +$7.74M |
|
361
Halliburton
HAL
$18.8B
| $51.3M | 0.05% |
2,084,318
+349,109
| +20% | +$8.6M |
|
362
Pinduoduo
PDD
$177B
| $51.3M | 0.05% |
819,829
+127,152
| +18% | +$7.96M |
|
363
W.W. Grainger
GWW
$47.5B
| $50.7M | 0.05% |
103,719
+11,250
| +12% | +$5.5M |
|
364
Amdocs
DOX
$9.46B
| $50.5M | 0.05% |
635,338
+133,441
| +27% | +$10.6M |
|
365
Zimmer Biomet
ZBH
$20.9B
| $50.3M | 0.05% |
481,099
+84,400
| +21% | +$8.82M |
|
366
Weyerhaeuser
WY
$18.9B
| $50.3M | 0.05% |
1,760,587
+263,433
| +18% | +$7.52M |
|
367
Fifth Third Bancorp
FITB
$30.2B
| $50M | 0.05% |
1,563,943
+263,029
| +20% | +$8.41M |
|
368
Diamondback Energy
FANG
$40.2B
| $49M | 0.05% |
406,986
+50,991
| +14% | +$6.14M |
|
369
D.R. Horton
DHI
$54.2B
| $49M | 0.05% |
727,175
+105,697
| +17% | +$7.12M |
|
370
Apollo Global Management
APO
$75.3B
| $48.6M | 0.04% |
1,044,788
+282,299
| +37% | +$13.1M |
|
371
Fortive
FTV
$16.2B
| $48.4M | 0.04% |
830,508
+208,309
| +33% | +$12.1M |
|
372
Invitation Homes
INVH
$18.5B
| $47.8M | 0.04% |
1,415,059
+285,023
| +25% | +$9.63M |
|
373
Ulta Beauty
ULTA
$23.1B
| $47.7M | 0.04% |
118,771
+16,977
| +17% | +$6.81M |
|
374
Aptiv
APTV
$17.5B
| $47M | 0.04% |
601,554
+76,205
| +15% | +$5.96M |
|
375
Vulcan Materials
VMC
$39B
| $47M | 0.04% |
297,814
+36,179
| +14% | +$5.71M |
|