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 |
Broadcom
AVGO
|
$1.96B |
| 2 |
Costco
COST
|
$292M |
| 3 |
NVIDIA
NVDA
|
$284M |
| 4 |
Applied Materials
AMAT
|
$233M |
| 5 |
NXP Semiconductors
NXPI
|
$190M |
Top Sells
| 1 |
Tesla
TSLA
|
$1.17B |
| 2 |
Walmart
WMT
|
$198M |
| 3 |
KLA
KLAC
|
$190M |
| 4 |
Texas Instruments
TXN
|
$186M |
| 5 |
Starbucks
SBUX
|
$171M |
Sector Composition
| 1 | Technology | 33.41% |
| 2 | Financials | 12.58% |
| 3 | Healthcare | 12.38% |
| 4 | Consumer Discretionary | 8.65% |
| 5 | Communication Services | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Iron Mountain
IRM
$26.3B
| $62.2M | 0.04% |
523,387
-8,439
| -2% | -$1M |
|
352
Jack Henry & Associates
JKHY
$11.7B
| $62M | 0.04% |
351,442
-25,405
| -7% | -$4.48M |
|
353
F5
FFIV
$17.5B
| $61.3M | 0.04% |
278,504
-20,366
| -7% | -$4.48M |
|
354
C.H. Robinson
CHRW
$15.1B
| $61.3M | 0.04% |
555,440
-27,380
| -5% | -$3.02M |
|
355
Delta Air Lines
DAL
$40.5B
| $61M | 0.04% |
1,201,764
+39,735
| +3% | +$2.02M |
|
356
Keysight
KEYS
$28.3B
| $60.8M | 0.04% |
382,697
-23,889
| -6% | -$3.8M |
|
357
Xylem
XYL
$34.2B
| $60.1M | 0.04% |
445,433
+29,344
| +7% | +$3.96M |
|
358
CACI
CACI
$10.5B
| $60M | 0.04% |
118,823
+1,227
| +1% | +$619K |
|
359
BioMarin Pharmaceuticals
BMRN
$11.3B
| $59.9M | 0.04% |
852,797
-37,311
| -4% | -$2.62M |
|
360
Coinbase
COIN
$78.6B
| $59.8M | 0.04% |
335,475
-2,570
| -0.8% | -$458K |
|
361
J.M. Smucker
SJM
$11.9B
| $58.9M | 0.04% |
486,073
-22,644
| -4% | -$2.74M |
|
362
Datadog
DDOG
$45.9B
| $58.6M | 0.04% |
509,267
+3,150
| +0.6% | +$362K |
|
363
Moderna
MRNA
$9.38B
| $58.5M | 0.04% |
875,026
-128,096
| -13% | -$8.56M |
|
364
Occidental Petroleum
OXY
$45.6B
| $58.4M | 0.04% |
1,133,575
+8,535
| +0.8% | +$440K |
|
365
Alnylam Pharmaceuticals
ALNY
$59.2B
| $58.2M | 0.04% |
211,781
-3,786
| -2% | -$1.04M |
|
366
lululemon athletica
LULU
$23.9B
| $57.8M | 0.04% |
213,125
+9,656
| +5% | +$2.62M |
|
367
Targa Resources
TRGP
$35.5B
| $57.7M | 0.04% |
389,829
-8,751
| -2% | -$1.3M |
|
368
Equity Lifestyle Properties
ELS
$11.6B
| $57.6M | 0.04% |
807,023
-14,348
| -2% | -$1.02M |
|
369
Pultegroup
PHM
$26.3B
| $57.6M | 0.04% |
401,013
-4,041
| -1% | -$580K |
|
370
NVR
NVR
$22.7B
| $57.2M | 0.04% |
5,833
-114
| -2% | -$1.12M |
|
|
JNPR
371
DELISTED
Juniper Networks
JNPR
| $56.7M | 0.04% |
1,455,303
-32,224
| -2% | -$1.26M |
|
372
Diamondback Energy
FANG
$41.6B
| $56.6M | 0.04% |
328,390
+8,819
| +3% | +$1.52M |
|
373
Equity Residential
EQR
$24.5B
| $56.4M | 0.04% |
757,647
+2,900
| +0.4% | +$216K |
|
374
Monster Beverage
MNST
$61.8B
| $56.3M | 0.04% |
1,079,476
-258,610
| -19% | -$13.5M |
|
375
Mettler-Toledo International
MTD
$26.2B
| $56M | 0.04% |
37,332
-616
| -2% | -$924K |
|