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 |
Costco
COST
|
+$253M |
| 2 |
Walmart
WMT
|
+$201M |
| 3 |
Amazon
AMZN
|
+$110M |
| 4 |
United Parcel Service
UPS
|
+$103M |
| 5 |
Pool Corp
POOL
|
+$87M |
Top Sells
| 1 |
TJX Companies
TJX
|
+$413M |
| 2 |
Chubb
CB
|
+$336M |
| 3 |
Coca-Cola
KO
|
+$252M |
| 4 |
McCormick & Company Non-Voting
MKC
|
+$169M |
| 5 |
Apple
AAPL
|
+$152M |
Sector Composition
| 1 | Technology | 23.04% |
| 2 | Healthcare | 14.63% |
| 3 | Financials | 12.69% |
| 4 | Consumer Discretionary | 10.7% |
| 5 | Communication Services | 9.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
WORK
426
DELISTED
Slack Technologies, Inc.
WORK
| $49M | 0.04% |
1,105,670
+64,071
| +6% | +$2.84M |
|
427
Tractor Supply
TSCO
$31B
| $48.9M | 0.04% |
1,314,960
-104,260
| -7% | -$3.88M |
|
428
Western Digital
WDC
$33B
| $48.7M | 0.04% |
906,033
-24,302
| -3% | -$1.31M |
|
429
Xylem
XYL
$33.5B
| $48.7M | 0.04% |
405,554
-8,034
| -2% | -$964K |
|
430
Arista Networks
ANET
$189B
| $48.6M | 0.04% |
2,148,368
-6,816
| -0.3% | -$154K |
|
431
Ventas
VTR
$31.5B
| $48.5M | 0.04% |
848,990
-14,346
| -2% | -$819K |
|
432
Edison International
EIX
$21.4B
| $48.2M | 0.04% |
833,196
+16,620
| +2% | +$961K |
|
433
Burlington
BURL
$17.6B
| $48.2M | 0.04% |
149,540
-41,672
| -22% | -$13.4M |
|
|
SPLK
434
DELISTED
Splunk Inc
SPLK
| $47.9M | 0.04% |
331,375
-6,874
| -2% | -$994K |
|
435
Waters Corp
WAT
$17.4B
| $47.7M | 0.04% |
138,015
-4,967
| -3% | -$1.72M |
|
436
KeyCorp
KEY
$21.1B
| $47.5M | 0.04% |
2,302,078
-58,750
| -2% | -$1.21M |
|
437
RingCentral
RNG
$2.77B
| $47.5M | 0.04% |
163,466
-2,448
| -1% | -$711K |
|
438
TransUnion
TRU
$17.5B
| $47.4M | 0.04% |
431,953
-3,299
| -0.8% | -$362K |
|
439
Invitation Homes
INVH
$18.4B
| $47.2M | 0.04% |
1,264,905
-3,072,646
| -71% | -$115M |
|
440
Huntington Bancshares
HBAN
$25.8B
| $47.1M | 0.04% |
3,301,760
+963,360
| +41% | +$13.7M |
|
441
CarMax
KMX
$8.88B
| $46.9M | 0.04% |
362,971
-13,156
| -3% | -$1.7M |
|
442
Caesars Entertainment
CZR
$5.33B
| $46.4M | 0.03% |
447,620
+28,033
| +7% | +$2.91M |
|
443
Citizens Financial Group
CFG
$22.3B
| $46.4M | 0.03% |
1,010,892
-24,174
| -2% | -$1.11M |
|
444
Regions Financial
RF
$24.1B
| $46.3M | 0.03% |
2,292,100
-47,985
| -2% | -$968K |
|
445
Gartner
IT
$17.6B
| $46.2M | 0.03% |
190,665
-9,120
| -5% | -$2.21M |
|
446
Trimble
TRMB
$19.1B
| $46.2M | 0.03% |
564,251
-14,252
| -2% | -$1.17M |
|
|
NBIS
447
Nebius Group N.V. Class A Ordinary Shares
NBIS
$22.3B
| $46M | 0.03% |
650,054
-41,624
| -6% | -$2.94M |
|
448
Avantor
AVTR
$8.6B
| $45.9M | 0.03% |
1,293,846
+144,279
| +13% | +$5.12M |
|
449
W.W. Grainger
GWW
$47.5B
| $45.9M | 0.03% |
104,701
+3,501
| +3% | +$1.53M |
|
450
Cheniere Energy
LNG
$52.1B
| $45.7M | 0.03% |
526,875
-30,914
| -6% | -$2.68M |
|