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 |
Vanguard S&P 500 ETF
VOO
|
$9.2B |
| 2 |
Apple
AAPL
|
$199M |
| 3 |
NextEra Energy, Inc.
NEE
|
$180M |
| 4 |
Texas Instruments
TXN
|
$102M |
| 5 |
Costco
COST
|
$96.9M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$192M |
| 3 |
Amazon
AMZN
|
$188M |
| 4 |
Applied Materials
AMAT
|
$163M |
| 5 |
Meta Platforms (Facebook)
META
|
$142M |
Sector Composition
| 1 | Technology | 32.39% |
| 2 | Financials | 12.4% |
| 3 | Healthcare | 10.11% |
| 4 | Consumer Discretionary | 8.73% |
| 5 | Communication Services | 7.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
Corpay
CPAY
$22.4B
| $42.1M | 0.03% |
124,316
-3,622
| -3% | -$1.23M |
|
427
TD Synnex
SNX
$12.3B
| $42M | 0.03% |
357,709
+5,673
| +2% | +$665K |
|
428
Archer Daniels Midland
ADM
$30.2B
| $41.9M | 0.03% |
828,942
-56,415
| -6% | -$2.85M |
|
429
Texas Pacific Land
TPL
$20.4B
| $41.8M | 0.03% |
37,805
-1,188
| -3% | -$1.31M |
|
430
Old Republic International
ORI
$10.1B
| $41.7M | 0.03% |
1,153,619
-33,195
| -3% | -$1.2M |
|
431
Gaming and Leisure Properties
GLPI
$13.7B
| $41.7M | 0.03% |
866,056
+41,586
| +5% | +$2M |
|
432
Hormel Foods
HRL
$14.1B
| $41.6M | 0.03% |
1,326,642
+5,586
| +0.4% | +$175K |
|
433
Expedia Group
EXPE
$26.6B
| $41.4M | 0.03% |
222,410
-20,276
| -8% | -$3.78M |
|
434
Carnival Corp
CCL
$42.8B
| $41.4M | 0.03% |
1,660,641
-76,895
| -4% | -$1.92M |
|
435
Williams-Sonoma
WSM
$24.7B
| $41.4M | 0.03% |
223,343
-18,429
| -8% | -$3.41M |
|
436
EQT Corp
EQT
$32.2B
| $41.3M | 0.03% |
896,146
+129,917
| +17% | +$5.99M |
|
437
Dayforce
DAY
$10.9B
| $41.2M | 0.03% |
567,561
+371,153
| +189% | +$27M |
|
438
DT Midstream
DTM
$10.7B
| $40.9M | 0.03% |
411,609
+232,116
| +129% | +$23.1M |
|
439
IDEX
IEX
$12.4B
| $40.7M | 0.03% |
194,492
-30,917
| -14% | -$6.47M |
|
440
Henry Schein
HSIC
$8.42B
| $40.7M | 0.03% |
587,915
+18,143
| +3% | +$1.26M |
|
441
Rockwell Automation
ROK
$38.2B
| $40.4M | 0.03% |
141,445
-12,404
| -8% | -$3.54M |
|
442
Pultegroup
PHM
$27.7B
| $40.3M | 0.03% |
370,030
-30,983
| -8% | -$3.37M |
|
443
Robinhood
HOOD
$90B
| $40M | 0.03% |
1,074,872
-58,279
| -5% | -$2.17M |
|
444
Warner Bros
WBD
$30B
| $40M | 0.03% |
3,780,050
-233,342
| -6% | -$2.47M |
|
445
Illumina
ILMN
$15.7B
| $39.9M | 0.03% |
298,625
-14,477
| -5% | -$1.93M |
|
446
Royal Gold
RGLD
$12.2B
| $39.9M | 0.03% |
302,515
-5,999
| -2% | -$791K |
|
447
OGE Energy
OGE
$8.89B
| $39.5M | 0.03% |
958,378
+15,124
| +2% | +$624K |
|
448
Huntington Bancshares
HBAN
$25.7B
| $39.2M | 0.03% |
2,411,266
-117,810
| -5% | -$1.92M |
|
|
EXE
449
Expand Energy Corporation Common Stock
EXE
$22.7B
| $39M | 0.03% |
392,209
+144,125
| +58% | +$14.3M |
|
450
Veralto
VLTO
$26.2B
| $39M | 0.03% |
382,774
-25,686
| -6% | -$2.62M |
|