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 |
NVIDIA
NVDA
|
+$584M |
| 2 |
Tesla
TSLA
|
+$574M |
| 3 |
Microsoft
MSFT
|
+$567M |
| 4 |
Apple
AAPL
|
+$290M |
| 5 |
Chevron
CVX
|
+$156M |
Top Sells
| 1 |
Eli Lilly
LLY
|
+$437M |
| 2 |
Regeneron Pharmaceuticals
REGN
|
+$114M |
| 3 |
Verizon
VZ
|
+$113M |
| 4 |
Oracle
ORCL
|
+$106M |
| 5 |
Mastercard
MA
|
+$98.4M |
Sector Composition
| 1 | Technology | 28.31% |
| 2 | Healthcare | 14.61% |
| 3 | Financials | 12.06% |
| 4 | Consumer Discretionary | 10% |
| 5 | Consumer Staples | 7.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
LPL Financial
LPLA
$27.2B
| $36.1M | 0.03% |
151,696
-1,118
| -0.7% | -$266K |
|
427
Teledyne Technologies
TDY
$25.5B
| $36M | 0.03% |
88,201
-1,284
| -1% | -$525K |
|
428
DoorDash
DASH
$110B
| $35.9M | 0.03% |
451,509
+28,391
| +7% | +$2.26M |
|
429
Steel Dynamics
STLD
$19.2B
| $35.7M | 0.03% |
332,678
-2,894
| -0.9% | -$310K |
|
|
XYZ
430
Block, Inc.
XYZ
$46B
| $35.6M | 0.03% |
804,207
+14,137
| +2% | +$626K |
|
431
FTI Consulting
FCN
$5.41B
| $35.4M | 0.03% |
198,239
+8,143
| +4% | +$1.45M |
|
432
Howmet Aerospace
HWM
$72.2B
| $35.1M | 0.03% |
759,403
+38,754
| +5% | +$1.79M |
|
433
OGE Energy
OGE
$8.82B
| $34.9M | 0.03% |
1,046,440
+244,140
| +30% | +$8.14M |
|
434
Texas Roadhouse
TXRH
$11.2B
| $34.8M | 0.03% |
362,059
+225,338
| +165% | +$21.7M |
|
435
Corpay
CPAY
$22.1B
| $34.8M | 0.03% |
136,099
-1,454
| -1% | -$371K |
|
436
Western Union
WU
$2.79B
| $34.7M | 0.03% |
2,633,706
+18,985
| +0.7% | +$250K |
|
437
Darden Restaurants
DRI
$24.7B
| $34.5M | 0.03% |
241,190
+2,264
| +0.9% | +$324K |
|
438
SPS Commerce
SPSC
$4.21B
| $34.5M | 0.03% |
202,163
+2,400
| +1% | +$409K |
|
439
Iron Mountain
IRM
$28.6B
| $34.4M | 0.03% |
578,558
-6,523
| -1% | -$388K |
|
440
Principal Financial Group
PFG
$17.8B
| $34.3M | 0.03% |
476,359
-22
| -0% | -$1.59K |
|
441
NNN REIT
NNN
$8.06B
| $34.2M | 0.03% |
966,937
+637,396
| +193% | +$22.5M |
|
442
Pultegroup
PHM
$27B
| $33.7M | 0.03% |
455,330
+14,197
| +3% | +$1.05M |
|
443
Saic
SAIC
$4.73B
| $33.6M | 0.03% |
318,003
+13,127
| +4% | +$1.39M |
|
444
Jacobs Solutions
J
$17.2B
| $33.4M | 0.03% |
296,217
-1,317
| -0.4% | -$149K |
|
445
Hubbell
HUBB
$23.2B
| $33.3M | 0.03% |
106,194
-1,330
| -1% | -$417K |
|
446
Liberty Global Class C
LBTYK
$4B
| $33.2M | 0.03% |
1,789,574
-56,854
| -3% | -$1.06M |
|
447
Reliance Steel & Aluminium
RS
$15.4B
| $33.2M | 0.03% |
126,629
-314
| -0.2% | -$82.3K |
|
448
RenaissanceRe
RNR
$11.2B
| $33.1M | 0.03% |
167,146
+20,493
| +14% | +$4.06M |
|
449
Fifth Third Bancorp
FITB
$30.1B
| $33.1M | 0.03% |
1,305,954
+11,736
| +0.9% | +$297K |
|
450
Selective Insurance
SIGI
$4.79B
| $33.1M | 0.03% |
320,529
+4,378
| +1% | +$452K |
|