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
|
$1.04B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$530M |
| 3 |
Microsoft
MSFT
|
$397M |
| 4 |
JPMorgan Chase
JPM
|
$226M |
| 5 |
Amazon
AMZN
|
$179M |
Top Sells
| 1 |
Walmart
WMT
|
$274M |
| 2 |
Eli Lilly
LLY
|
$164M |
| 3 |
NextEra Energy, Inc.
NEE
|
$159M |
| 4 |
Cisco
CSCO
|
$115M |
| 5 |
Accenture
ACN
|
$111M |
Sector Composition
| 1 | Technology | 22.76% |
| 2 | Healthcare | 16.97% |
| 3 | Financials | 12.96% |
| 4 | Consumer Staples | 8.85% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Extra Space Storage
EXR
$29.9B
| $59.1M | 0.05% |
401,348
-2,010
| -0.5% | -$296K |
|
352
Take-Two Interactive
TTWO
$44.4B
| $59.1M | 0.05% |
567,202
-107,080
| -16% | -$11.2M |
|
353
KKR & Co
KKR
$124B
| $58.7M | 0.05% |
1,264,527
-45,949
| -4% | -$2.13M |
|
354
International Flavors & Fragrances
IFF
$17.1B
| $58.7M | 0.05% |
559,871
-10,312
| -2% | -$1.08M |
|
355
Copart
CPRT
$46.9B
| $58.4M | 0.05% |
958,697
+465,830
| +95% | +$28.4M |
|
356
United Rentals
URI
$61.7B
| $58.3M | 0.05% |
164,096
+3,302
| +2% | +$1.17M |
|
357
M&T Bank
MTB
$31.1B
| $58.2M | 0.05% |
401,179
+3,332
| +0.8% | +$483K |
|
358
Pool Corp
POOL
$11.4B
| $58.1M | 0.05% |
192,034
-91,193
| -32% | -$27.6M |
|
359
CBRE Group
CBRE
$47.5B
| $57.9M | 0.05% |
751,974
-9,551
| -1% | -$735K |
|
360
Rollins
ROL
$27.5B
| $57.7M | 0.05% |
1,578,654
-66,496
| -4% | -$2.43M |
|
|
SGEN
361
DELISTED
Seagen Inc. Common Stock
SGEN
| $57.4M | 0.05% |
446,817
-88,250
| -16% | -$11.3M |
|
362
Albemarle
ALB
$9.36B
| $57.3M | 0.05% |
264,192
-1,132
| -0.4% | -$245K |
|
|
HZNP
363
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $57M | 0.05% |
500,706
-11,198
| -2% | -$1.27M |
|
364
Diamondback Energy
FANG
$43.4B
| $56.6M | 0.05% |
413,731
+6,745
| +2% | +$923K |
|
365
Equity Residential
EQR
$24.4B
| $56.2M | 0.05% |
952,957
+105,919
| +13% | +$6.25M |
|
366
Hartford Financial Services
HIG
$37.1B
| $56.1M | 0.05% |
739,846
-14,175
| -2% | -$1.07M |
|
367
Aptiv
APTV
$17.1B
| $55.6M | 0.05% |
596,583
-4,971
| -0.8% | -$463K |
|
368
Ulta Beauty
ULTA
$23.9B
| $55.5M | 0.05% |
118,410
-361
| -0.3% | -$169K |
|
369
Warner Bros
WBD
$28.8B
| $55.5M | 0.05% |
5,852,241
-494,017
| -8% | -$4.68M |
|
370
Knight Transportation
KNX
$7.04B
| $55.1M | 0.05% |
1,050,978
-81,027
| -7% | -$4.25M |
|
371
Weyerhaeuser
WY
$18B
| $54.9M | 0.05% |
1,772,562
+11,975
| +0.7% | +$371K |
|
372
Royalty Pharma
RPRX
$15.6B
| $54.6M | 0.05% |
1,382,018
+545,359
| +65% | +$21.6M |
|
373
T Rowe Price
TROW
$23.2B
| $54.4M | 0.05% |
498,616
-9,888
| -2% | -$1.08M |
|
374
Equifax
EFX
$28.8B
| $52.2M | 0.04% |
268,398
-2,922
| -1% | -$568K |
|
375
Vulcan Materials
VMC
$38.6B
| $52M | 0.04% |
297,076
-738
| -0.2% | -$129K |
|