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 |
Meta Platforms (Facebook)
META
|
+$234M |
| 2 |
NVIDIA
NVDA
|
+$197M |
| 3 |
Costco
COST
|
+$174M |
| 4 |
Home Depot
HD
|
+$157M |
| 5 |
Airbnb
ABNB
|
+$137M |
Top Sells
| 1 |
Amazon
AMZN
|
+$432M |
| 2 |
Microsoft
MSFT
|
+$271M |
| 3 |
Merck
MRK
|
+$261M |
| 4 |
Walt Disney
DIS
|
+$232M |
| 5 |
Texas Instruments
TXN
|
+$201M |
Sector Composition
| 1 | Technology | 31% |
| 2 | Healthcare | 13.61% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Henry Schein
HSIC
$8.2B
| $62.9M | 0.04% |
832,849
-16,458
| -2% | -$1.24M |
|
352
Lamb Weston
LW
$7.96B
| $62.7M | 0.04% |
588,876
-68,420
| -10% | -$7.29M |
|
353
Diamondback Energy
FANG
$39.5B
| $62.5M | 0.04% |
315,614
-11,652
| -4% | -$2.31M |
|
354
Halliburton
HAL
$18.5B
| $62.5M | 0.04% |
1,584,678
-47,077
| -3% | -$1.86M |
|
|
DFS
355
DELISTED
Discover Financial Services
DFS
| $62.2M | 0.04% |
474,133
-6,233
| -1% | -$817K |
|
356
Amdocs
DOX
$9.43B
| $62M | 0.04% |
686,331
-19,278
| -3% | -$1.74M |
|
357
Global Payments
GPN
$21.1B
| $61.7M | 0.04% |
461,936
-12,354
| -3% | -$1.65M |
|
358
Hormel Foods
HRL
$14B
| $61.5M | 0.04% |
1,763,234
-12,546
| -0.7% | -$438K |
|
359
BJs Wholesale Club
BJ
$12.8B
| $61M | 0.04% |
806,228
-10,365
| -1% | -$784K |
|
360
Archer Daniels Midland
ADM
$29.9B
| $60.7M | 0.04% |
966,720
-25,948
| -3% | -$1.63M |
|
361
Rockwell Automation
ROK
$38.6B
| $60.7M | 0.04% |
208,218
-4,901
| -2% | -$1.43M |
|
362
Datadog
DDOG
$49B
| $60.3M | 0.04% |
487,685
-573
| -0.1% | -$70.8K |
|
363
DuPont de Nemours
DD
$32.1B
| $60.2M | 0.04% |
784,877
-67,670
| -8% | -$5.19M |
|
364
PPG Industries
PPG
$24.7B
| $59.7M | 0.04% |
412,053
-13,049
| -3% | -$1.89M |
|
365
United Therapeutics
UTHR
$18.3B
| $59M | 0.04% |
256,736
-223
| -0.1% | -$51.2K |
|
366
Royal Caribbean
RCL
$93.8B
| $58.8M | 0.04% |
422,837
-18,187
| -4% | -$2.53M |
|
367
Equity Residential
EQR
$25.4B
| $58.6M | 0.04% |
928,239
-22,259
| -2% | -$1.4M |
|
368
Veeva Systems
VEEV
$46.3B
| $58.5M | 0.04% |
252,449
-6,464
| -2% | -$1.5M |
|
369
Baker Hughes
BKR
$44.8B
| $58.3M | 0.04% |
1,739,595
-111,707
| -6% | -$3.74M |
|
370
Texas Roadhouse
TXRH
$11.2B
| $57.9M | 0.04% |
375,132
+3,871
| +1% | +$598K |
|
371
Fair Isaac
FICO
$37.1B
| $57.9M | 0.04% |
46,333
-754
| -2% | -$942K |
|
372
Bentley Systems
BSY
$16.2B
| $57.4M | 0.04% |
1,098,638
-4,196
| -0.4% | -$219K |
|
373
Extra Space Storage
EXR
$30.8B
| $57.3M | 0.04% |
389,756
-106,753
| -22% | -$15.7M |
|
374
Equifax
EFX
$31B
| $56.7M | 0.04% |
211,955
-6,481
| -3% | -$1.73M |
|
375
Devon Energy
DVN
$21.8B
| $56.6M | 0.04% |
1,127,566
-30,585
| -3% | -$1.53M |
|