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 |
Texas Instruments
TXN
|
+$139M |
| 2 |
IBM
IBM
|
+$71.2M |
| 3 |
Tesla
TSLA
|
+$63.6M |
| 4 |
McKesson
MCK
|
+$58.3M |
| 5 |
GE HealthCare
GEHC
|
+$56.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.15B |
| 2 |
Microsoft
MSFT
|
+$401M |
| 3 |
Amazon
AMZN
|
+$354M |
| 4 |
NVIDIA
NVDA
|
+$302M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$193M |
Sector Composition
| 1 | Technology | 25.31% |
| 2 | Healthcare | 15.71% |
| 3 | Financials | 12.15% |
| 4 | Consumer Discretionary | 9.55% |
| 5 | Consumer Staples | 8.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
Equifax
EFX
$31B
| $47.6M | 0.04% |
234,641
-33,757
| -13% | -$6.85M |
|
377
Arch Capital
ACGL
$33.4B
| $47.5M | 0.04% |
700,204
-118,528
| -14% | -$8.04M |
|
378
Alnylam Pharmaceuticals
ALNY
$63.2B
| $47.5M | 0.04% |
237,113
-33,770
| -12% | -$6.76M |
|
|
HZNP
379
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $47.2M | 0.04% |
432,552
-68,154
| -14% | -$7.44M |
|
380
CBRE Group
CBRE
$48.2B
| $46.9M | 0.04% |
644,614
-107,360
| -14% | -$7.82M |
|
381
Royalty Pharma
RPRX
$15.8B
| $46.6M | 0.04% |
1,293,026
-88,992
| -6% | -$3.21M |
|
382
Atlassian
TEAM
$47.8B
| $46.5M | 0.04% |
271,696
-39,069
| -13% | -$6.69M |
|
383
Monolithic Power Systems
MPWR
$41.1B
| $46.2M | 0.04% |
92,284
-12,889
| -12% | -$6.45M |
|
384
Casey's General Stores
CASY
$20.1B
| $46M | 0.04% |
212,345
+46,365
| +28% | +$10M |
|
385
Ingersoll Rand
IR
$31.7B
| $45.9M | 0.04% |
789,638
-97,307
| -11% | -$5.66M |
|
386
Chemed
CHE
$6.74B
| $45.8M | 0.04% |
85,162
+13,903
| +20% | +$7.48M |
|
387
Huntington Ingalls Industries
HII
$10.5B
| $45.7M | 0.04% |
220,894
+67,837
| +44% | +$14M |
|
388
First Solar
FSLR
$21.8B
| $45.7M | 0.04% |
209,914
-27,926
| -12% | -$6.07M |
|
389
eBay
EBAY
$42.2B
| $45.4M | 0.04% |
1,024,229
-152,370
| -13% | -$6.76M |
|
390
Weyerhaeuser
WY
$18.2B
| $45.2M | 0.04% |
1,499,766
-272,796
| -15% | -$8.22M |
|
391
Vulcan Materials
VMC
$38.6B
| $44.5M | 0.04% |
259,532
-37,544
| -13% | -$6.44M |
|
392
International Flavors & Fragrances
IFF
$16.7B
| $44.2M | 0.04% |
480,637
-79,234
| -14% | -$7.29M |
|
393
Essex Property Trust
ESS
$17.3B
| $44.1M | 0.04% |
211,003
-11,297
| -5% | -$2.36M |
|
394
Martin Marietta Materials
MLM
$37B
| $44.1M | 0.04% |
124,175
-15,059
| -11% | -$5.35M |
|
395
Hartford Financial Services
HIG
$36.8B
| $44M | 0.04% |
631,023
-108,823
| -15% | -$7.58M |
|
396
Assurant
AIZ
$10.7B
| $43.5M | 0.04% |
362,507
-16,123
| -4% | -$1.94M |
|
397
Coterra Energy
CTRA
$18.2B
| $43.4M | 0.04% |
1,767,836
-694,286
| -28% | -$17M |
|
398
Insulet
PODD
$24.8B
| $42.9M | 0.04% |
134,574
+823
| +0.6% | +$263K |
|
399
Teledyne Technologies
TDY
$25.5B
| $42.9M | 0.04% |
95,801
-7,593
| -7% | -$3.4M |
|
400
KBR
KBR
$6.35B
| $42.1M | 0.04% |
765,009
+1,161
| +0.2% | +$63.9K |
|