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 |
TE Connectivity
TEL
|
+$156M |
| 2 |
Microsoft
MSFT
|
+$154M |
| 3 |
Oracle
ORCL
|
+$104M |
| 4 |
Apple
AAPL
|
+$99.8M |
| 5 |
Texas Instruments
TXN
|
+$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
Accenture
ACN
|
+$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$313M |
| 4 |
Charter Communications
CHTR
|
+$159M |
| 5 |
Danaher
DHR
|
+$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
Arrow Electronics
ARW
$6.48B
| $48.6M | 0.04% |
339,374
+12,598
| +4% | +$1.8M |
|
377
Weyerhaeuser
WY
$18.3B
| $48.5M | 0.04% |
1,446,767
-52,999
| -4% | -$1.78M |
|
378
State Street
STT
$32B
| $48.5M | 0.04% |
662,383
-53,736
| -8% | -$3.93M |
|
379
Ulta Beauty
ULTA
$22.7B
| $48.3M | 0.04% |
102,545
-3,102
| -3% | -$1.46M |
|
380
Tradeweb Markets
TW
$25.5B
| $48.2M | 0.04% |
704,063
-7,175
| -1% | -$491K |
|
381
Albemarle
ALB
$8.46B
| $47.8M | 0.04% |
214,394
-17,339
| -7% | -$3.87M |
|
382
CBRE Group
CBRE
$48.2B
| $47.6M | 0.04% |
589,254
-55,360
| -9% | -$4.47M |
|
383
Albertsons Companies
ACI
$10.4B
| $47.4M | 0.04% |
2,170,625
+911,615
| +72% | +$19.9M |
|
384
LyondellBasell Industries
LYB
$17.4B
| $47.1M | 0.04% |
512,611
-27,706
| -5% | -$2.54M |
|
385
Chemed
CHE
$6.73B
| $46.5M | 0.04% |
85,813
+651
| +0.8% | +$353K |
|
386
Monolithic Power Systems
MPWR
$40.8B
| $46.3M | 0.04% |
85,703
-6,581
| -7% | -$3.56M |
|
387
T Rowe Price
TROW
$23.7B
| $46.1M | 0.04% |
411,557
-19,249
| -4% | -$2.16M |
|
388
HubSpot
HUBS
$26.2B
| $45.3M | 0.04% |
85,199
-2,840
| -3% | -$1.51M |
|
389
Assurant
AIZ
$10.7B
| $45.1M | 0.04% |
358,881
-3,626
| -1% | -$456K |
|
390
Royal Caribbean
RCL
$95.7B
| $45.1M | 0.04% |
434,890
+21,798
| +5% | +$2.26M |
|
391
eBay
EBAY
$41.7B
| $45.1M | 0.04% |
1,009,397
-14,832
| -1% | -$663K |
|
392
Diamondback Energy
FANG
$40.3B
| $44.9M | 0.04% |
341,746
-18,383
| -5% | -$2.41M |
|
393
CACI
CACI
$10.4B
| $43.9M | 0.04% |
128,775
-1,492
| -1% | -$509K |
|
394
Dropbox
DBX
$8.28B
| $43.5M | 0.04% |
1,629,374
+205,422
| +14% | +$5.48M |
|
|
HZNP
395
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $43.4M | 0.04% |
421,712
-10,840
| -3% | -$1.11M |
|
396
Illumina
ILMN
$14.9B
| $43.4M | 0.04% |
237,809
-13,599
| -5% | -$2.48M |
|
|
NATI
397
DELISTED
National Instruments Corp
NATI
| $43.3M | 0.04% |
754,171
+507,941
| +206% | +$29.2M |
|
398
Alnylam Pharmaceuticals
ALNY
$60.6B
| $43M | 0.04% |
226,279
-10,834
| -5% | -$2.06M |
|
399
Hartford Financial Services
HIG
$36.9B
| $42.6M | 0.04% |
591,975
-39,048
| -6% | -$2.81M |
|
400
Palantir
PLTR
$377B
| $41.8M | 0.04% |
2,727,305
-113,466
| -4% | -$1.74M |
|