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
|
$1.04B |
| 2 |
Financial Select Sector SPDR Fund
XLF
|
$530M |
| 3 |
Microsoft
MSFT
|
$397M |
| 4 |
JPMorgan Chase
JPM
|
$226M |
| 5 |
Amazon
AMZN
|
$179M |
Top Sells
| 1 |
Walmart
WMT
|
$274M |
| 2 |
Eli Lilly
LLY
|
$164M |
| 3 |
NextEra Energy, Inc.
NEE
|
$159M |
| 4 |
Cisco
CSCO
|
$115M |
| 5 |
Accenture
ACN
|
$111M |
Sector Composition
| 1 | Technology | 22.76% |
| 2 | Healthcare | 16.97% |
| 3 | Financials | 12.96% |
| 4 | Consumer Staples | 8.85% |
| 5 | Consumer Discretionary | 8.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
Invitation Homes
INVH
$18.5B
| $40.1M | 0.03% |
1,351,576
-63,483
| -4% | -$1.88M |
|
427
Darden Restaurants
DRI
$24.4B
| $40M | 0.03% |
289,100
+7,640
| +3% | +$1.06M |
|
428
Atlassian
TEAM
$45B
| $40M | 0.03% |
310,765
+3,120
| +1% | +$401K |
|
429
Liberty Global Class C
LBTYK
$4.16B
| $39.6M | 0.03% |
2,037,294
-187,427
| -8% | -$3.64M |
|
430
Equity Lifestyle Properties
ELS
$11.9B
| $39.4M | 0.03% |
609,868
+135,936
| +29% | +$8.78M |
|
431
Insulet
PODD
$24.4B
| $39.4M | 0.03% |
133,751
-4,885
| -4% | -$1.44M |
|
432
Revvity
RVTY
$10B
| $39.3M | 0.03% |
279,935
+287
| +0.1% | +$40.2K |
|
433
Steris
STE
$24.1B
| $38.9M | 0.03% |
210,849
+3,366
| +2% | +$622K |
|
434
Targa Resources
TRGP
$34.9B
| $38.8M | 0.03% |
528,119
+2,544
| +0.5% | +$187K |
|
435
Sun Communities
SUI
$16.2B
| $38.6M | 0.03% |
269,792
+294
| +0.1% | +$42K |
|
436
Western Union
WU
$2.85B
| $38.4M | 0.03% |
2,787,752
-85,068
| -3% | -$1.17M |
|
437
Healthcare Realty
HR
$6.29B
| $37.9M | 0.03% |
1,964,641
+138,209
| +8% | +$2.66M |
|
438
KeyCorp
KEY
$20.7B
| $37.6M | 0.03% |
2,161,219
-15,729
| -0.7% | -$274K |
|
439
Casey's General Stores
CASY
$18.7B
| $37.2M | 0.03% |
165,980
+58,164
| +54% | +$13M |
|
440
Monolithic Power Systems
MPWR
$41.2B
| $37.2M | 0.03% |
105,173
+3,259
| +3% | +$1.15M |
|
441
CACI
CACI
$10.4B
| $36.7M | 0.03% |
122,190
+13,482
| +12% | +$4.05M |
|
442
Las Vegas Sands
LVS
$36.9B
| $36.7M | 0.03% |
763,104
+484
| +0.1% | +$23.3K |
|
443
Best Buy
BBY
$16.2B
| $36.4M | 0.03% |
453,474
-11,695
| -3% | -$938K |
|
444
Chemed
CHE
$6.73B
| $36.4M | 0.03% |
71,259
+15,840
| +29% | +$8.09M |
|
445
FMC
FMC
$4.66B
| $35.9M | 0.03% |
287,380
+5,482
| +2% | +$684K |
|
446
Fair Isaac
FICO
$36.7B
| $35.7M | 0.03% |
59,593
+3,896
| +7% | +$2.33M |
|
447
First Solar
FSLR
$22.2B
| $35.6M | 0.03% |
237,840
+20,607
| +9% | +$3.09M |
|
448
APA Corp
APA
$8.13B
| $35.5M | 0.03% |
760,238
-25,919
| -3% | -$1.21M |
|
449
Jacobs Solutions
J
$17.3B
| $35.5M | 0.03% |
357,177
+10,090
| +3% | +$1M |
|
450
Paycom
PAYC
$12.5B
| $35.4M | 0.03% |
114,007
+361
| +0.3% | +$112K |
|