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 |
Vanguard S&P 500 ETF
VOO
|
$9.2B |
| 2 |
Apple
AAPL
|
$199M |
| 3 |
NextEra Energy, Inc.
NEE
|
$180M |
| 4 |
Texas Instruments
TXN
|
$102M |
| 5 |
Costco
COST
|
$96.9M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$192M |
| 3 |
Amazon
AMZN
|
$188M |
| 4 |
Applied Materials
AMAT
|
$163M |
| 5 |
Meta Platforms (Facebook)
META
|
$142M |
Sector Composition
| 1 | Technology | 32.39% |
| 2 | Financials | 12.4% |
| 3 | Healthcare | 10.11% |
| 4 | Consumer Discretionary | 8.73% |
| 5 | Communication Services | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Xylem
XYL
$34.2B
| $47.2M | 0.03% |
406,886
-38,547
| -9% | -$4.47M |
|
402
Pinnacle West Capital
PNW
$10.6B
| $47.2M | 0.03% |
556,241
+9,438
| +2% | +$800K |
|
403
Amdocs
DOX
$9.46B
| $47M | 0.03% |
551,615
-4,040
| -0.7% | -$344K |
|
404
Roblox
RBLX
$88.5B
| $46.5M | 0.03% |
803,641
-42,502
| -5% | -$2.46M |
|
405
Fifth Third Bancorp
FITB
$30.2B
| $46.3M | 0.03% |
1,096,089
-124,736
| -10% | -$5.27M |
|
406
Murphy USA
MUSA
$7.47B
| $46.1M | 0.03% |
91,854
-2,332
| -2% | -$1.17M |
|
407
LPL Financial
LPLA
$26.6B
| $46M | 0.03% |
140,991
-4,035
| -3% | -$1.32M |
|
408
PPG Industries
PPG
$24.8B
| $46M | 0.03% |
385,354
-24,632
| -6% | -$2.94M |
|
409
Synchrony
SYF
$28.1B
| $46M | 0.03% |
707,572
-82,074
| -10% | -$5.33M |
|
410
CACI
CACI
$10.4B
| $45.8M | 0.03% |
113,395
-5,428
| -5% | -$2.19M |
|
411
CoStar Group
CSGP
$37.9B
| $45.8M | 0.03% |
639,824
-42,157
| -6% | -$3.02M |
|
412
First Citizens BancShares
FCNCA
$24.9B
| $45.8M | 0.03% |
21,675
-1,026
| -5% | -$2.17M |
|
413
Omega Healthcare
OHI
$12.7B
| $45.8M | 0.03% |
1,209,407
+42,512
| +4% | +$1.61M |
|
414
Royalty Pharma
RPRX
$15.6B
| $45.4M | 0.03% |
1,781,024
-22,198
| -1% | -$566K |
|
415
Halliburton
HAL
$18.8B
| $45.3M | 0.03% |
1,665,914
-83,303
| -5% | -$2.27M |
|
416
Dover
DOV
$24.4B
| $44.8M | 0.03% |
238,979
-13,530
| -5% | -$2.54M |
|
417
Dow Inc
DOW
$17.4B
| $44.7M | 0.03% |
1,114,125
-496,072
| -31% | -$19.9M |
|
418
Exelixis
EXEL
$10.2B
| $44.3M | 0.03% |
1,331,027
-61,398
| -4% | -$2.04M |
|
419
Encompass Health
EHC
$12.6B
| $44.1M | 0.03% |
478,030
-3,232
| -0.7% | -$298K |
|
420
NVR
NVR
$23.5B
| $43.4M | 0.03% |
5,304
-529
| -9% | -$4.33M |
|
421
Mettler-Toledo International
MTD
$26.9B
| $43.3M | 0.03% |
35,367
-1,965
| -5% | -$2.4M |
|
422
ON Semiconductor
ON
$20.1B
| $43.2M | 0.03% |
684,778
-1,418,391
| -67% | -$89.4M |
|
423
Fortive
FTV
$16.2B
| $42.8M | 0.03% |
570,822
-58,030
| -9% | -$4.35M |
|
424
T Rowe Price
TROW
$23.8B
| $42.5M | 0.03% |
375,992
-23,469
| -6% | -$2.65M |
|
425
Emcor
EME
$28B
| $42.2M | 0.03% |
92,897
-6,117
| -6% | -$2.78M |
|