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 |
Walmart
WMT
|
$250M |
| 2 |
Target
TGT
|
$142M |
| 3 |
Abbott
ABT
|
$113M |
| 4 |
Verizon
VZ
|
$87.4M |
| 5 |
NetEase
NTES
|
$77.2M |
Top Sells
| 1 |
Alibaba
BABA
|
$930M |
| 2 |
Apple
AAPL
|
$258M |
| 3 |
Ross Stores
ROST
|
$168M |
| 4 |
TIF
Tiffany & Co.
TIF
|
$117M |
| 5 |
NVR
NVR
|
$96.3M |
Sector Composition
| 1 | Technology | 21.88% |
| 2 | Healthcare | 14.24% |
| 3 | Financials | 13.06% |
| 4 | Consumer Discretionary | 11.15% |
| 5 | Communication Services | 9.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
Fortive
FTV
$16.2B
| $48M | 0.04% |
679,660
-31,736
| -4% | -$2.24M |
|
427
Edison International
EIX
$21B
| $47.9M | 0.04% |
816,576
+24,174
| +3% | +$1.42M |
|
428
Elanco Animal Health
ELAN
$9.16B
| $47.8M | 0.04% |
1,624,439
-66,565
| -4% | -$1.96M |
|
429
Teradyne
TER
$19.1B
| $47.2M | 0.04% |
387,769
-10,449
| -3% | -$1.27M |
|
430
KeyCorp
KEY
$20.8B
| $47.2M | 0.04% |
2,360,828
-121,849
| -5% | -$2.43M |
|
431
Copart
CPRT
$47B
| $47.1M | 0.04% |
1,734,128
-67,948
| -4% | -$1.84M |
|
432
Western Digital
WDC
$31.9B
| $46.9M | 0.04% |
930,335
-36,393
| -4% | -$1.84M |
|
433
TAL Education Group
TAL
$6.17B
| $46.9M | 0.04% |
870,635
-41,525
| -5% | -$2.24M |
|
434
Las Vegas Sands
LVS
$36.9B
| $46.8M | 0.04% |
770,390
+28,573
| +4% | +$1.74M |
|
435
Generac Holdings
GNRC
$10.6B
| $46.8M | 0.04% |
142,845
-5,278
| -4% | -$1.73M |
|
436
Northern Trust
NTRS
$24.3B
| $46.5M | 0.04% |
442,461
-20,826
| -4% | -$2.19M |
|
437
New Oriental
EDU
$7.98B
| $46.3M | 0.04% |
330,644
-10,857
| -3% | -$1.52M |
|
438
Ventas
VTR
$30.9B
| $46.1M | 0.04% |
863,336
-39,321
| -4% | -$2.1M |
|
439
U-Haul Holding Co
UHAL
$11.2B
| $46M | 0.04% |
751,630
-37,150
| -5% | -$2.28M |
|
|
SPLK
440
DELISTED
Splunk Inc
SPLK
| $45.8M | 0.03% |
338,249
-12,508
| -4% | -$1.69M |
|
441
Citizens Financial Group
CFG
$22.3B
| $45.7M | 0.03% |
1,035,066
-50,846
| -5% | -$2.24M |
|
442
Dover
DOV
$24.4B
| $45.3M | 0.03% |
330,617
-8,000
| -2% | -$1.1M |
|
443
Alnylam Pharmaceuticals
ALNY
$59.2B
| $45.2M | 0.03% |
320,047
-13,693
| -4% | -$1.93M |
|
444
M&T Bank
MTB
$31.2B
| $45.1M | 0.03% |
297,649
-15,164
| -5% | -$2.3M |
|
445
Hologic
HOLX
$14.8B
| $45.1M | 0.03% |
606,159
-12,756
| -2% | -$949K |
|
446
Teleflex
TFX
$5.78B
| $45M | 0.03% |
108,410
+5,592
| +5% | +$2.32M |
|
447
Trimble
TRMB
$19.2B
| $45M | 0.03% |
578,503
-20,106
| -3% | -$1.56M |
|
448
Zillow
Z
$21.3B
| $44.8M | 0.03% |
345,816
-5,949
| -2% | -$771K |
|
|
NBIS
449
Nebius Group N.V. Class A Ordinary Shares
NBIS
$15.6B
| $44.3M | 0.03% |
691,678
-18,332
| -3% | -$1.17M |
|
450
Halliburton
HAL
$18.8B
| $44.1M | 0.03% |
2,053,937
-60,703
| -3% | -$1.3M |
|