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 |
NVIDIA
NVDA
|
+$584M |
| 2 |
Tesla
TSLA
|
+$574M |
| 3 |
Microsoft
MSFT
|
+$567M |
| 4 |
Apple
AAPL
|
+$290M |
| 5 |
Chevron
CVX
|
+$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
+$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
+$114M |
| 3 |
Verizon
VZ
|
+$113M |
| 4 |
Oracle
ORCL
|
+$106M |
| 5 |
Mastercard
MA
|
+$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
MongoDB
MDB
$26.3B
| $41.8M | 0.04% |
120,737
+25,005
| +26% | +$8.65M |
|
402
Equifax
EFX
$31.2B
| $41.4M | 0.04% |
226,231
+1,895
| +0.8% | +$347K |
|
|
SPLK
403
DELISTED
Splunk Inc
SPLK
| $41.2M | 0.04% |
281,928
-11,440
| -4% | -$1.67M |
|
404
Royal Caribbean
RCL
$95.4B
| $41.1M | 0.04% |
445,680
+10,790
| +2% | +$994K |
|
405
Ulta Beauty
ULTA
$23.3B
| $40.8M | 0.04% |
102,220
-325
| -0.3% | -$130K |
|
406
CACI
CACI
$10.4B
| $40.6M | 0.04% |
129,405
+630
| +0.5% | +$198K |
|
407
Spotify
SPOT
$148B
| $40.4M | 0.03% |
261,510
+3,021
| +1% | +$467K |
|
408
Alnylam Pharmaceuticals
ALNY
$59.6B
| $40.3M | 0.03% |
227,830
+1,551
| +0.7% | +$275K |
|
409
Xylem
XYL
$34.1B
| $40.1M | 0.03% |
440,029
-2,017
| -0.5% | -$184K |
|
410
ResMed
RMD
$40.9B
| $40M | 0.03% |
270,528
+2,185
| +0.8% | +$323K |
|
411
M&T Bank
MTB
$31.1B
| $39.9M | 0.03% |
315,611
+478
| +0.2% | +$60.4K |
|
412
Flex
FLEX
$20.9B
| $39.9M | 0.03% |
1,961,938
+723,189
| +58% | +$14.7M |
|
413
Monolithic Power Systems
MPWR
$41.4B
| $39.3M | 0.03% |
84,989
-714
| -0.8% | -$330K |
|
414
Murphy USA
MUSA
$7.56B
| $39.3M | 0.03% |
114,897
+5,007
| +5% | +$1.71M |
|
415
Steris
STE
$24.5B
| $39.2M | 0.03% |
178,767
+30,575
| +21% | +$6.71M |
|
416
Coterra Energy
CTRA
$18.2B
| $38.8M | 0.03% |
1,436,170
+17,542
| +1% | +$475K |
|
417
Exelixis
EXEL
$10.1B
| $38.7M | 0.03% |
1,771,128
+526,814
| +42% | +$11.5M |
|
418
Wabtec
WAB
$32.6B
| $37.9M | 0.03% |
356,225
+4,024
| +1% | +$428K |
|
419
Icon
ICLR
$13.8B
| $37.8M | 0.03% |
153,508
+3,842
| +3% | +$946K |
|
420
NVR
NVR
$23.6B
| $37.6M | 0.03% |
6,308
-8
| -0.1% | -$47.7K |
|
421
Raymond James Financial
RJF
$33.1B
| $37.1M | 0.03% |
369,846
-3,385
| -0.9% | -$340K |
|
422
Dover
DOV
$24.4B
| $36.9M | 0.03% |
264,705
+6,065
| +2% | +$846K |
|
423
Datadog
DDOG
$47.6B
| $36.9M | 0.03% |
405,273
+7,899
| +2% | +$720K |
|
424
Invitation Homes
INVH
$18.5B
| $36.5M | 0.03% |
1,151,806
+37,576
| +3% | +$1.19M |
|
425
Targa Resources
TRGP
$34.5B
| $36.4M | 0.03% |
424,058
+4,951
| +1% | +$424K |
|