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 |
Apple
AAPL
|
$739M |
| 2 |
Microsoft
MSFT
|
$541M |
| 3 |
Amazon
AMZN
|
$248M |
| 4 |
Tesla
TSLA
|
$234M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$215M |
Top Sells
| 1 |
Waste Connections
WCN
|
$171M |
| 2 |
Walmart
WMT
|
$168M |
| 3 |
NextEra Energy, Inc.
NEE
|
$168M |
| 4 |
Accenture
ACN
|
$125M |
| 5 |
Adobe
ADBE
|
$116M |
Sector Composition
| 1 | Technology | 22.77% |
| 2 | Healthcare | 16.6% |
| 3 | Financials | 12.34% |
| 4 | Consumer Discretionary | 9.92% |
| 5 | Consumer Staples | 9.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
Hewlett Packard
HPE
$31B
| $36M | 0.03% |
3,008,404
+410,072
| +16% | +$4.91M |
|
427
Darden Restaurants
DRI
$24.5B
| $35.6M | 0.03% |
281,460
+29,126
| +12% | +$3.68M |
|
428
Essex Property Trust
ESS
$17.3B
| $35.4M | 0.03% |
145,995
+12,748
| +10% | +$3.09M |
|
429
Xylem
XYL
$34.2B
| $35.3M | 0.03% |
403,633
+66,504
| +20% | +$5.81M |
|
430
KeyCorp
KEY
$20.8B
| $34.9M | 0.03% |
2,176,948
+293,812
| +16% | +$4.71M |
|
431
EQT Corp
EQT
$32.2B
| $34.7M | 0.03% |
852,384
+181,453
| +27% | +$7.39M |
|
432
Rivian
RIVN
$17.2B
| $34.6M | 0.03% |
1,052,841
+728,510
| +225% | +$24M |
|
433
Steris
STE
$24.2B
| $34.5M | 0.03% |
207,483
+38,488
| +23% | +$6.4M |
|
434
Teledyne Technologies
TDY
$25.7B
| $34M | 0.03% |
100,801
+9,436
| +10% | +$3.18M |
|
435
IDEX
IEX
$12.4B
| $33.8M | 0.03% |
169,034
+20,332
| +14% | +$4.06M |
|
436
Wabtec
WAB
$33B
| $33.7M | 0.03% |
414,813
+55,230
| +15% | +$4.49M |
|
437
Revvity
RVTY
$10.1B
| $33.7M | 0.03% |
279,648
+38,836
| +16% | +$4.67M |
|
438
Royalty Pharma
RPRX
$15.6B
| $33.6M | 0.03% |
836,659
+216,861
| +35% | +$8.71M |
|
439
Camden Property Trust
CPT
$11.9B
| $33.6M | 0.03% |
280,972
+87,222
| +45% | +$10.4M |
|
440
Carlisle Companies
CSL
$16.9B
| $33.3M | 0.03% |
118,687
+12,790
| +12% | +$3.59M |
|
441
Align Technology
ALGN
$10.1B
| $33M | 0.03% |
159,254
+6,589
| +4% | +$1.36M |
|
442
Icon
ICLR
$13.6B
| $32.7M | 0.03% |
177,873
+19,812
| +13% | +$3.64M |
|
443
SiriusXM
SIRI
$8.1B
| $32.6M | 0.03% |
570,594
-52,642
| -8% | -$3.01M |
|
444
Trip.com Group
TCOM
$47.6B
| $32.1M | 0.03% |
1,176,630
+182,675
| +18% | +$4.99M |
|
445
Synchrony
SYF
$28.1B
| $32.1M | 0.03% |
1,139,867
+132,930
| +13% | +$3.75M |
|
446
Insulet
PODD
$24.5B
| $31.8M | 0.03% |
138,636
+19,061
| +16% | +$4.37M |
|
447
Targa Resources
TRGP
$34.9B
| $31.7M | 0.03% |
525,575
+67,050
| +15% | +$4.05M |
|
448
Cloudflare
NET
$74.7B
| $31.7M | 0.03% |
573,350
+53,232
| +10% | +$2.94M |
|
|
HZNP
449
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $31.7M | 0.03% |
511,904
+88,566
| +21% | +$5.48M |
|
450
Expedia Group
EXPE
$26.6B
| $31.6M | 0.03% |
336,910
+57,600
| +21% | +$5.4M |
|