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 |
Costco
COST
|
+$253M |
| 2 |
Walmart
WMT
|
+$201M |
| 3 |
Amazon
AMZN
|
+$110M |
| 4 |
United Parcel Service
UPS
|
+$103M |
| 5 |
Pool Corp
POOL
|
+$87M |
Top Sells
| 1 |
TJX Companies
TJX
|
+$413M |
| 2 |
Chubb
CB
|
+$336M |
| 3 |
Coca-Cola
KO
|
+$252M |
| 4 |
McCormick & Company Non-Voting
MKC
|
+$169M |
| 5 |
Apple
AAPL
|
+$152M |
Sector Composition
| 1 | Technology | 23.04% |
| 2 | Healthcare | 14.63% |
| 3 | Financials | 12.69% |
| 4 | Consumer Discretionary | 10.7% |
| 5 | Communication Services | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
Zebra Technologies
ZBRA
$15.7B
| $63.5M | 0.05% |
119,935
-2,032
| -2% | -$1.08M |
|
|
MXIM
377
DELISTED
Maxim Integrated Products
MXIM
| $63.4M | 0.05% |
601,711
-15,803
| -3% | -$1.66M |
|
378
Synchrony
SYF
$28B
| $63M | 0.05% |
1,297,465
-42,875
| -3% | -$2.08M |
|
379
EPAM Systems
EPAM
$8.67B
| $62.4M | 0.05% |
122,143
-1,322
| -1% | -$675K |
|
|
LSXMK
380
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $62.2M | 0.05% |
1,729,983
-50,123
| -3% | -$1.8M |
|
381
Copart
CPRT
$46.5B
| $62M | 0.05% |
1,880,116
+145,988
| +8% | +$4.81M |
|
382
Okta
OKTA
$16B
| $61.6M | 0.05% |
251,920
-22,810
| -8% | -$5.58M |
|
383
Weyerhaeuser
WY
$18.2B
| $61.4M | 0.05% |
1,784,802
+44,307
| +3% | +$1.53M |
|
384
Kraft Heinz
KHC
$31.2B
| $61.2M | 0.05% |
1,500,066
-68,260
| -4% | -$2.78M |
|
385
VF Corp
VFC
$5.87B
| $59.8M | 0.04% |
728,679
-12,318
| -2% | -$1.01M |
|
386
Etsy
ETSY
$5.7B
| $59M | 0.04% |
286,708
+9,841
| +4% | +$2.03M |
|
387
HubSpot
HUBS
$25.9B
| $58.6M | 0.04% |
100,550
+3,746
| +4% | +$2.18M |
|
388
Old Dominion Freight Line
ODFL
$30.6B
| $58.6M | 0.04% |
461,684
+9,514
| +2% | +$1.21M |
|
389
Rollins
ROL
$27.4B
| $58.6M | 0.04% |
1,712,343
-27,802
| -2% | -$951K |
|
390
Occidental Petroleum
OXY
$45.2B
| $58.4M | 0.04% |
1,869,121
-32,833
| -2% | -$1.03M |
|
|
KSU
391
DELISTED
Kansas City Southern
KSU
| $58.1M | 0.04% |
205,172
-32,980
| -14% | -$9.35M |
|
392
Generac Holdings
GNRC
$10.8B
| $57.8M | 0.04% |
139,194
-3,651
| -3% | -$1.52M |
|
393
RenaissanceRe
RNR
$11.2B
| $57.6M | 0.04% |
386,963
-9,218
| -2% | -$1.37M |
|
394
International Paper
IP
$24.8B
| $57.1M | 0.04% |
984,324
-15,686
| -2% | -$911K |
|
395
Vipshop
VIPS
$8.78B
| $56.8M | 0.04% |
2,827,935
+31,995
| +1% | +$642K |
|
396
Liberty Global Class C
LBTYK
$3.99B
| $56.1M | 0.04% |
2,076,151
+1,215,414
| +141% | +$32.9M |
|
397
Delta Air Lines
DAL
$39.9B
| $56M | 0.04% |
1,295,000
-176,719
| -12% | -$7.64M |
|
398
Realty Income
O
$54.3B
| $55.7M | 0.04% |
860,993
-25,488
| -3% | -$1.65M |
|
399
Oneok
OKE
$45.6B
| $55.2M | 0.04% |
991,939
-13,950
| -1% | -$776K |
|
400
Keurig Dr Pepper
KDP
$37B
| $55.1M | 0.04% |
1,563,643
+1,775
| +0.1% | +$62.6K |
|