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 |
Apple
AAPL
|
$739M |
| 2 |
Microsoft
MSFT
|
$541M |
| 3 |
Amazon
AMZN
|
$248M |
| 4 |
Tesla
TSLA
|
$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
$171M |
| 2 |
Walmart
WMT
|
$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
$168M |
| 4 |
Accenture
ACN
|
$125M |
| 5 |
Adobe
ADBE
|
$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
Hartford Financial Services
HIG
$37B
| $46.7M | 0.04% |
754,021
+105,635
| +16% | +$6.54M |
|
377
Equifax
EFX
$30.8B
| $46.5M | 0.04% |
271,320
+39,024
| +17% | +$6.69M |
|
378
Tyson Foods
TSN
$20B
| $46.3M | 0.04% |
702,739
+133,289
| +23% | +$8.79M |
|
379
eBay
EBAY
$42.3B
| $46.3M | 0.04% |
1,256,757
+122,085
| +11% | +$4.49M |
|
380
NIO
NIO
$13.4B
| $46M | 0.04% |
2,915,887
+448,926
| +18% | +$7.08M |
|
381
GoDaddy
GDDY
$20.1B
| $45.4M | 0.04% |
641,164
+322,668
| +101% | +$22.9M |
|
382
LyondellBasell Industries
LYB
$17.7B
| $45.4M | 0.04% |
603,665
+102,296
| +20% | +$7.7M |
|
383
Baker Hughes
BKR
$44.9B
| $45.2M | 0.04% |
2,154,515
+507,861
| +31% | +$10.6M |
|
384
CF Industries
CF
$13.7B
| $45.1M | 0.04% |
468,917
+47,563
| +11% | +$4.58M |
|
385
Raymond James Financial
RJF
$33B
| $45.1M | 0.04% |
456,650
+89,305
| +24% | +$8.83M |
|
386
Martin Marietta Materials
MLM
$37.5B
| $44.6M | 0.04% |
138,555
+13,322
| +11% | +$4.29M |
|
387
PG&E
PCG
$33.2B
| $44.6M | 0.04% |
3,569,520
+263,949
| +8% | +$3.3M |
|
388
EPAM Systems
EPAM
$9.44B
| $44.4M | 0.04% |
122,458
+17,795
| +17% | +$6.45M |
|
389
Regions Financial
RF
$24.1B
| $44.2M | 0.04% |
2,204,181
+295,571
| +15% | +$5.93M |
|
390
Tradeweb Markets
TW
$25.4B
| $44.1M | 0.04% |
782,427
-713
| -0.1% | -$40.2K |
|
|
SIVB
391
DELISTED
SVB Financial Group
SIVB
| $43.6M | 0.04% |
129,905
+16,190
| +14% | +$5.44M |
|
392
United Rentals
URI
$62.7B
| $43.4M | 0.04% |
160,794
+18,779
| +13% | +$5.07M |
|
393
Huntington Bancshares
HBAN
$25.7B
| $43.3M | 0.04% |
3,286,819
+469,798
| +17% | +$6.19M |
|
394
Cardinal Health
CAH
$35.7B
| $43.3M | 0.04% |
649,194
+130,641
| +25% | +$8.71M |
|
395
Molina Healthcare
MOH
$9.47B
| $43M | 0.04% |
130,457
+11,640
| +10% | +$3.84M |
|
|
DRE
396
DELISTED
Duke Realty Corp.
DRE
| $43M | 0.04% |
891,556
-1,887,805
| -68% | -$91M |
|
397
PPL Corp
PPL
$26.6B
| $43M | 0.04% |
1,694,469
+219,908
| +15% | +$5.57M |
|
398
Lennar Class A
LEN
$36.7B
| $42.9M | 0.04% |
594,839
+75,484
| +15% | +$5.45M |
|
399
Yum China
YUMC
$16.5B
| $42.2M | 0.04% |
890,750
-359,460
| -29% | -$17M |
|
400
Principal Financial Group
PFG
$17.8B
| $41.9M | 0.04% |
580,783
+73,002
| +14% | +$5.27M |
|