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 |
TE Connectivity
TEL
|
+$156M |
| 2 |
Microsoft
MSFT
|
+$154M |
| 3 |
Oracle
ORCL
|
+$104M |
| 4 |
Apple
AAPL
|
+$99.8M |
| 5 |
Texas Instruments
TXN
|
+$98.1M |
Top Sells
| 1 |
Amazon
AMZN
|
+$363M |
| 2 |
Accenture
ACN
|
+$352M |
| 3 |
Alphabet (Google) Class C
GOOG
|
+$313M |
| 4 |
Charter Communications
CHTR
|
+$159M |
| 5 |
Danaher
DHR
|
+$150M |
Sector Composition
| 1 | Technology | 28.02% |
| 2 | Healthcare | 14.96% |
| 3 | Financials | 11.83% |
| 4 | Consumer Discretionary | 9.76% |
| 5 | Consumer Staples | 8.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
Ventas
VTR
$31B
| $36.3M | 0.03% |
766,966
-21,969
| -3% | -$1.04M |
|
427
FTI Consulting
FCN
$5.41B
| $36.2M | 0.03% |
190,096
-189
| -0.1% | -$35.9K |
|
428
Principal Financial Group
PFG
$17.8B
| $36.1M | 0.03% |
476,381
-45,315
| -9% | -$3.44M |
|
429
Las Vegas Sands
LVS
$37.1B
| $36.1M | 0.03% |
621,720
-35,097
| -5% | -$2.04M |
|
430
Coterra Energy
CTRA
$18.2B
| $35.9M | 0.03% |
1,418,628
-349,208
| -20% | -$8.83M |
|
431
Howmet Aerospace
HWM
$72.2B
| $35.7M | 0.03% |
720,649
-22,270
| -3% | -$1.1M |
|
432
Hubbell
HUBB
$23.2B
| $35.7M | 0.03% |
107,524
-5,355
| -5% | -$1.78M |
|
433
Atlassian
TEAM
$47.8B
| $35.5M | 0.03% |
211,757
-59,939
| -22% | -$10.1M |
|
434
Take-Two Interactive
TTWO
$45.7B
| $35.2M | 0.03% |
239,513
-201,670
| -46% | -$29.7M |
|
435
Builders FirstSource
BLDR
$15.5B
| $34.9M | 0.03% |
256,457
-28,177
| -10% | -$3.83M |
|
436
Corpay
CPAY
$22.1B
| $34.5M | 0.03% |
137,553
-10,302
| -7% | -$2.59M |
|
437
Reliance Steel & Aluminium
RS
$15.4B
| $34.5M | 0.03% |
126,943
-5,730
| -4% | -$1.56M |
|
438
Skyworks Solutions
SWKS
$11.1B
| $34.5M | 0.03% |
311,460
-18
| -0% | -$1.99K |
|
439
United Airlines
UAL
$34.2B
| $34.4M | 0.03% |
626,750
-21,446
| -3% | -$1.18M |
|
440
Saic
SAIC
$4.73B
| $34.3M | 0.03% |
304,876
-1,777
| -0.6% | -$200K |
|
441
Pultegroup
PHM
$27B
| $34.3M | 0.03% |
441,133
-3,888
| -0.9% | -$302K |
|
442
Murphy USA
MUSA
$7.55B
| $34.2M | 0.03% |
109,890
-860
| -0.8% | -$268K |
|
443
Lamb Weston
LW
$7.96B
| $34.1M | 0.03% |
296,447
-13,555
| -4% | -$1.56M |
|
444
Coupang
CPNG
$58.9B
| $34M | 0.03% |
1,952,214
+383,157
| +24% | +$6.67M |
|
445
Fifth Third Bancorp
FITB
$30.1B
| $33.9M | 0.03% |
1,294,218
-59,082
| -4% | -$1.55M |
|
446
Carnival Corp
CCL
$42.8B
| $33.9M | 0.03% |
1,799,999
-32,520
| -2% | -$612K |
|
447
Roblox
RBLX
$91.4B
| $33.5M | 0.03% |
831,093
+276,271
| +50% | +$11.1M |
|
448
Camden Property Trust
CPT
$11.9B
| $33.4M | 0.03% |
306,937
+20,622
| +7% | +$2.25M |
|
449
Steris
STE
$24.5B
| $33.3M | 0.03% |
148,192
-43,351
| -23% | -$9.75M |
|
450
Iron Mountain
IRM
$28.6B
| $33.2M | 0.03% |
585,081
-14,898
| -2% | -$847K |
|