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 |
Alphabet (Google) Class A
GOOGL
|
+$200M |
| 2 |
Apple
AAPL
|
+$164M |
| 3 |
Accenture
ACN
|
+$133M |
| 4 |
KLA
KLAC
|
+$115M |
| 5 |
Autodesk
ADSK
|
+$114M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$1.72B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
+$505M |
| 3 |
Costco
COST
|
+$422M |
| 4 |
Home Depot
HD
|
+$348M |
| 5 |
Bank of America
BAC
|
+$259M |
Sector Composition
| 1 | Technology | 33.69% |
| 2 | Healthcare | 12.79% |
| 3 | Financials | 12.09% |
| 4 | Consumer Discretionary | 9.4% |
| 5 | Communication Services | 7.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Snowflake
SNOW
$76.1B
| $57.3M | 0.04% |
424,404
-125,077
| -23% | -$16.9M |
|
352
RenaissanceRe
RNR
$11.5B
| $57.3M | 0.04% |
256,370
+22,142
| +9% | +$4.95M |
|
353
Vulcan Materials
VMC
$39.9B
| $57M | 0.04% |
229,194
-8,079
| -3% | -$2.01M |
|
354
BJs Wholesale Club
BJ
$12.9B
| $56.7M | 0.04% |
645,294
-160,934
| -20% | -$14.1M |
|
355
Evergy
EVRG
$16.6B
| $56.7M | 0.04% |
1,069,875
-250,910
| -19% | -$13.3M |
|
356
Xylem
XYL
$34.5B
| $56.4M | 0.04% |
416,089
+86,636
| +26% | +$11.8M |
|
357
Halliburton
HAL
$19B
| $56.1M | 0.04% |
1,659,277
+74,599
| +5% | +$2.52M |
|
358
Keysight
KEYS
$29.6B
| $55.6M | 0.04% |
406,586
-186,075
| -31% | -$25.4M |
|
359
J.M. Smucker
SJM
$11.8B
| $55.5M | 0.04% |
508,717
-94,887
| -16% | -$10.3M |
|
360
Wabtec
WAB
$32.9B
| $55.2M | 0.04% |
349,168
+15,474
| +5% | +$2.45M |
|
361
Delta Air Lines
DAL
$39.5B
| $55.1M | 0.04% |
1,162,029
+3
| +0% | +$142 |
|
362
Incyte
INCY
$16.8B
| $55.1M | 0.04% |
908,576
-200,673
| -18% | -$12.2M |
|
363
Essex Property Trust
ESS
$17.3B
| $54.5M | 0.04% |
200,371
-21,600
| -10% | -$5.88M |
|
364
Charter Communications
CHTR
$36B
| $54.3M | 0.04% |
181,725
-4,661
| -3% | -$1.39M |
|
365
Archer Daniels Midland
ADM
$29.5B
| $54.3M | 0.04% |
898,130
-68,590
| -7% | -$4.15M |
|
|
JNPR
366
DELISTED
Juniper Networks
JNPR
| $54.2M | 0.04% |
1,487,527
-357,607
| -19% | -$13M |
|
367
Vertiv
VRT
$51.8B
| $54.1M | 0.04% |
624,591
+1,828
| +0.3% | +$158K |
|
368
Equity Lifestyle Properties
ELS
$11.9B
| $53.5M | 0.04% |
821,371
-52,933
| -6% | -$3.45M |
|
369
Mettler-Toledo International
MTD
$26.4B
| $53M | 0.04% |
37,948
-882
| -2% | -$1.23M |
|
370
Tyson Foods
TSN
$20B
| $52.7M | 0.04% |
921,685
+409,619
| +80% | +$23.4M |
|
371
Devon Energy
DVN
$22.4B
| $52.4M | 0.04% |
1,106,457
-21,109
| -2% | -$1M |
|
372
Alnylam Pharmaceuticals
ALNY
$61.4B
| $52.4M | 0.04% |
215,567
+1,237
| +0.6% | +$301K |
|
373
Guidewire Software
GWRE
$21.3B
| $52.3M | 0.04% |
379,585
+227,058
| +149% | +$31.3M |
|
374
Equity Residential
EQR
$25.5B
| $52.3M | 0.04% |
754,747
-173,492
| -19% | -$12M |
|
375
eBay
EBAY
$42.3B
| $51.6M | 0.04% |
960,200
-33,941
| -3% | -$1.82M |
|