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 |
Meta Platforms (Facebook)
META
|
+$234M |
| 2 |
NVIDIA
NVDA
|
+$197M |
| 3 |
Costco
COST
|
+$174M |
| 4 |
Home Depot
HD
|
+$157M |
| 5 |
Airbnb
ABNB
|
+$137M |
Top Sells
| 1 |
Amazon
AMZN
|
+$432M |
| 2 |
Microsoft
MSFT
|
+$271M |
| 3 |
Merck
MRK
|
+$261M |
| 4 |
Walt Disney
DIS
|
+$232M |
| 5 |
Texas Instruments
TXN
|
+$201M |
Sector Composition
| 1 | Technology | 31% |
| 2 | Healthcare | 13.61% |
| 3 | Financials | 12.37% |
| 4 | Consumer Discretionary | 9.46% |
| 5 | Consumer Staples | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
376
Equity Lifestyle Properties
ELS
$11.9B
| $56.3M | 0.04% |
874,304
+219,485
| +34% | +$14.1M |
|
377
Delta Air Lines
DAL
$40.3B
| $55.6M | 0.04% |
1,162,026
+4,401
| +0.4% | +$211K |
|
378
Globe Life
GL
$11.4B
| $55.3M | 0.04% |
475,481
-9,501
| -2% | -$1.11M |
|
379
Fortive
FTV
$16.2B
| $55.2M | 0.04% |
641,515
-14,090
| -2% | -$1.21M |
|
380
RenaissanceRe
RNR
$11.3B
| $55.1M | 0.04% |
234,228
-9,934
| -4% | -$2.33M |
|
381
Monolithic Power Systems
MPWR
$41.4B
| $55M | 0.04% |
81,130
-1,647
| -2% | -$1.12M |
|
382
Knight Transportation
KNX
$6.94B
| $54.4M | 0.04% |
988,887
-20,599
| -2% | -$1.13M |
|
383
Essex Property Trust
ESS
$17.1B
| $54.3M | 0.04% |
221,971
+863
| +0.4% | +$211K |
|
384
Charter Communications
CHTR
$36B
| $54.2M | 0.04% |
186,386
-8,617
| -4% | -$2.5M |
|
385
C.H. Robinson
CHRW
$14.9B
| $54.2M | 0.04% |
711,413
-29,931
| -4% | -$2.28M |
|
386
Chemed
CHE
$6.76B
| $54M | 0.04% |
84,157
-1,720
| -2% | -$1.1M |
|
387
KBR
KBR
$6.35B
| $53.8M | 0.04% |
844,610
+10,250
| +1% | +$653K |
|
388
West Pharmaceutical
WST
$18.2B
| $53.7M | 0.04% |
135,770
-5,141
| -4% | -$2.03M |
|
389
Albertsons Companies
ACI
$10.8B
| $53.3M | 0.04% |
2,486,188
+1,043
| +0% | +$22.4K |
|
390
Atlassian
TEAM
$45.3B
| $52.5M | 0.04% |
268,957
-4,626
| -2% | -$903K |
|
391
eBay
EBAY
$42.5B
| $52.5M | 0.04% |
994,141
-39,309
| -4% | -$2.07M |
|
392
HubSpot
HUBS
$26.3B
| $52.2M | 0.04% |
83,234
+96
| +0.1% | +$60.2K |
|
393
CBRE Group
CBRE
$48.7B
| $51.9M | 0.04% |
534,213
-22,191
| -4% | -$2.16M |
|
394
Mettler-Toledo International
MTD
$27.1B
| $51.7M | 0.04% |
38,830
-1,684
| -4% | -$2.24M |
|
395
Pultegroup
PHM
$27.9B
| $51.5M | 0.04% |
426,973
-10,859
| -2% | -$1.31M |
|
396
ResMed
RMD
$40.9B
| $51M | 0.04% |
257,720
-4,237
| -2% | -$839K |
|
397
Vertiv
VRT
$46.5B
| $50.9M | 0.04% |
622,763
-9,195
| -1% | -$751K |
|
398
Icon
ICLR
$13.8B
| $50.7M | 0.04% |
150,911
-4,662
| -3% | -$1.57M |
|
399
Nu Holdings
NU
$73.5B
| $50.7M | 0.04% |
4,248,945
-107,457
| -2% | -$1.28M |
|
400
Campbell Soup
CPB
$10.1B
| $50.5M | 0.04% |
1,137,049
-88,050
| -7% | -$3.91M |
|