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 |
NVIDIA
NVDA
|
+$894M |
| 2 |
UnitedHealth
UNH
|
+$430M |
| 3 |
Intel
INTC
|
+$409M |
| 4 |
Amazon
AMZN
|
+$352M |
| 5 |
Broadcom
AVGO
|
+$262M |
Top Sells
| 1 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$415M |
| 2 |
Microsoft
MSFT
|
+$275M |
| 3 |
VMW
VMware, Inc
VMW
|
+$221M |
| 4 |
JPMorgan Chase
JPM
|
+$146M |
| 5 |
Verizon
VZ
|
+$141M |
Sector Composition
| 1 | Technology | 30.1% |
| 2 | Healthcare | 14.11% |
| 3 | Financials | 11.92% |
| 4 | Consumer Discretionary | 9.96% |
| 5 | Industrials | 7.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Halliburton
HAL
$18.5B
| $59M | 0.04% |
1,631,755
-60,467
| -4% | -$2.19M |
|
352
Moderna
MRNA
$9.52B
| $58.8M | 0.04% |
591,073
-19,766
| -3% | -$1.97M |
|
353
IDEX
IEX
$12.4B
| $58.4M | 0.04% |
269,023
+5,093
| +2% | +$1.11M |
|
354
Everest Group
EG
$14.2B
| $58.4M | 0.04% |
165,056
+80,067
| +94% | +$28.3M |
|
355
Ingersoll Rand
IR
$31.9B
| $58.3M | 0.04% |
754,417
-28,349
| -4% | -$2.19M |
|
356
Knight Transportation
KNX
$6.94B
| $58.2M | 0.04% |
1,009,486
-15,932
| -2% | -$918K |
|
357
Equity Residential
EQR
$25.4B
| $58.1M | 0.04% |
950,498
+9,173
| +1% | +$561K |
|
358
Huntington Ingalls Industries
HII
$10.6B
| $58M | 0.04% |
223,473
+1,456
| +0.7% | +$378K |
|
359
Quanta Services
PWR
$56B
| $58M | 0.04% |
268,723
-8,788
| -3% | -$1.9M |
|
360
Cincinnati Financial
CINF
$24B
| $57.9M | 0.04% |
559,675
+6,527
| +1% | +$675K |
|
361
Bentley Systems
BSY
$16.5B
| $57.5M | 0.04% |
1,102,834
+57,545
| +6% | +$3M |
|
362
Albertsons Companies
ACI
$10.8B
| $57.2M | 0.04% |
2,485,145
+45,158
| +2% | +$1.04M |
|
363
Royal Caribbean
RCL
$95.4B
| $57.1M | 0.04% |
441,024
-4,656
| -1% | -$603K |
|
364
Hormel Foods
HRL
$14B
| $57M | 0.04% |
1,775,780
+81,970
| +5% | +$2.63M |
|
365
Martin Marietta Materials
MLM
$37.8B
| $56.8M | 0.04% |
113,920
-4,005
| -3% | -$2M |
|
366
Trade Desk
TTD
$25.6B
| $56.6M | 0.04% |
786,685
-21,824
| -3% | -$1.57M |
|
367
United Therapeutics
UTHR
$18.3B
| $56.5M | 0.04% |
256,959
-592
| -0.2% | -$130K |
|
368
Vulcan Materials
VMC
$39.5B
| $55.4M | 0.04% |
243,998
-5,642
| -2% | -$1.28M |
|
369
Essex Property Trust
ESS
$17.1B
| $54.8M | 0.04% |
221,108
+204
| +0.1% | +$50.6K |
|
370
Fair Isaac
FICO
$36.9B
| $54.8M | 0.04% |
47,087
-1,755
| -4% | -$2.04M |
|
371
DoorDash
DASH
$110B
| $54.6M | 0.04% |
552,273
+100,764
| +22% | +$9.96M |
|
372
BJs Wholesale Club
BJ
$13B
| $54.4M | 0.04% |
816,593
+5,946
| +0.7% | +$396K |
|
373
Equifax
EFX
$31.2B
| $54M | 0.04% |
218,436
-7,795
| -3% | -$1.93M |
|
|
DFS
374
DELISTED
Discover Financial Services
DFS
| $54M | 0.04% |
480,366
-19,573
| -4% | -$2.2M |
|
375
Coinbase
COIN
$81.9B
| $53M | 0.04% |
304,996
+343
| +0.1% | +$59.7K |
|